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<br /> ��- 5.Huad ar Psapaaa�j Y�inara8cs.Bocrower s�all kee�t�a impravainen4s now esistiag or hereaitar erected oa. � ' ; - . =
<br /> ;;;�-,?�. � _ the Pmperty insur�d agatnst ioa�:fip tiro.haaBrds iactudad witiois the tcrm�ea�nded coveragE•end aay other hazards. � . � . � .- -_
<br />.:�,f�' incIudittg flaads o�f�Soding;far:ivhicD I.eader requires�i�surauce.This insurance shall he main4siaed an the asnounts �.
<br /> � --,� , ead fo;the periade tta�t�I�requi�.Th$iasureace cgrtier providimg the insurause shalt be chasen by�ono�er
<br /> -�� sub�eet w Lendel's ap�caval��ilc3�slaell not�e wu�asoaablp withheSd�i Bosrower 4aila to msiutaia coverege described . .
<br /> a6ovo,Leudar may.a�Letcd��arpti�n,otstaist wveraga to prat�t Lertdei's sig6�ia the�Propertq ia eccardaace witi� � '- °
<br /> _-` P�A�Ph� � . F ..
<br /> All ins�raace poEici�a�td t�enewals ehall be acceptabla to Lendar end sh�ll inclnde a ataadesd mmrtgage clause. � ` '
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<br />-.=;_� Leader shal! heve tAp right t�hhld the polic'sea aud reaewata. I!Leaderrequir�,Borrower shaU P�mP�9 8��� - �. -
<br /> �f Lender ait re�ipta of . d pa�o7niums end��ewaf notic�s.Iu�e went oi loss.Ban+pcver e�all give protnpt aotice to the .. . _ `�
<br /> insuraace carrier end�tder Lasader moy ma3[e pmof di lo�if not made PrP�P�Y bp Bonower. � .. �. .
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<br />- -::f��- Unles3 Lendet a�d Honn�s�otheswiae egree in wr�ting,iususaace proceeds sLaU be agplied to restoratioa or rcpair . -. . •,�
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<br /> --� af�he Propertq damagod.if si��tosation ar repats is economically fnasible aad Lemder�s sec�uitq is aot l�ened.If the : ° •--x-��''•:
<br /> . •,r-.az',fF.�Y�51ER�S�:-
<br />-__Wi•y � rest¢mn�on or repair i�not eooasamically feasibie or I.eader's sectu�ity wauld Qe Ec�ued.the aasur,ance gracaeeds saall be , f ,;.�`: � :. ;,��
<br /> -=��-"��- apFti�d to the atma sec��+ed liy.ttiis Secvritp Iastrumeat.whether or ant ti�d��rith aay ex�gaid to Bamower.If � `:'`,;� =Y-,�'��--�.
<br /> � .�; .-`t,;,, " -
<br /> B�n�awer aira��rs tho�Ptap�tp,or doe.s not�er within 30 days a uotice fivaa�.endet that the iasurance cartier tsr� ::r_-.::' -��-:T...---
<br /> � offered to s�ttla�claia�,th�sa I:ender a:sy wllect tb.e insuiance prac�ds.L.ee�r may use tha pracee�s to rtpair a� ' � .:�,.-�-�.-
<br /> . _•�� n�tore the Pm�xaty or:to pap eyms se��red by tLie Sccurity lnstnrffic�t.whsthes er aot then due.TI�e 31�@ap periqd vz�8. . . �__. �,,'�L.-.���_
<br /> ' r`"' �. 1L W�1£A�.FI.�3''[a CPi�Q�VeA. : - +A.�„v{-- �-l'_��
<br /> r. � Unteas Leader aud�Boseo�er othercvise agree ia writing,aay agplicatian of proceeds to priacipal shalt not eatend or � s =��--A=-
<br /> �= postgane the duedste oi the manthlY P�Ymeata refened ta ia paragraphs 1 aud 2 or change the amouatof the papsaeafs. � -
<br /> `�• If under patag�fi�2Bithe Ptap�ty is�cqvired by E.ender,BOi��'S figLt tA eIIy inmir�cnra policies end prooee� ��''::`��� ;�-��
<br />_' re�lang from d�aaga�to th�s Proptrty p�er w the scquisitiaa slaalfl�to i.euder to the ea�txt of tha sums sec�red by , - __ �
<br /> '�� this Securitp Ias�ument immediately prior to the acquisi�on. � ' • :;���F,.."-,�,.
<br /> f�.Qccupancy,P�tasesvatiat�,A�Llntenaace and fAratoctaosa oi the Fra�;Borrower's Loaa Applicatian; !'� „';�° �
<br /> .� L�holds.Borrawer shall nccuP3►.establish.and�re the Fropesty as�orrovre�'�priacipal residence within siatq daps ,�`_'; '�'�
<br /> , after tha esecution o�this Security lrisstavment and shall conttnu�t�,aa:upl the Property as Bosr�we�e grincipal , �?�'�''.
<br /> residenca for ai least ane yr.ar after the date oi accupaac9.unless I.��s otherwise agreee iu writing,wluch cansent etiall '�'�t;.:
<br /> '`=��� nat be unrea�uably witAh�idy ar�mles�a eateauating circ�mataaces e�st whicdc�beyoAd Borc�wer's contr.ol.Barrower r�;;:,..; .
<br /> `�° shB11 not destro .daaaa or im asr the Pra c m peety perty. •�°
<br /> ..,�. y ga P ' perty.altow the Prn to deteri�te.or commit waste aa t,�e Pro
<br /> �';:�-;� Barrowet s1iaU 6e in defavlt if e�y forfeiture action or praceeding,whether c�z�c*�criminal,is beg�in that in I.ender's �;, t�`
<br />_.,�,4� . good faith judgment could reatilt ia forPeiteue of the Pmperty or otherwise•maxPrially impair the lien cteaLed by tbia � t=�'
<br /> Security Iaatru,.�aent a�:Leader'e security interest.Borrower mag wre such a dsfa�ult aa�r�instate. as pmvided ia. � '� t� � •
<br /> ��` ara & 1 cau�in tD�e sctian� to bo dim��d with a cul�a tI��iti Lendes's good f :�;•�� - �;��:
<br /> - � P 8�P �+ €�P � Aro�eedlAP �'s �� �:� �. r. i
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<br /> determiaatiost,�seclud�forfeitur�of the Borrower s�terest ia tt�1�raperty as ather materfaT iatpairment of the li�u'+� .�- '�� .
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<br />'��'t-��; he taaa appu'ca5ecuri���ent materi�llp f�os$,as�ccura�ormat�oa Lor statements to tI.euder(os failed w �,��� `+`�
<br /> `_-'�.,� pravide Lendet with aup r�aterial infonaatioa)Ia oonaecttoa��Z the loan evidep�ced by the Note.including,but not: ,; 'f.''r: ,:.::'�
<br /> 4�-�;�. limited to.fCjJti�IItBtiOri9�C0IIC6fi11Ag HOflOWCf'8 OCCUp3ACy OP t�PtOpEftq 88 8 pflAClp3I fCSIfICAC@. U tius Securit�' :r;����4-•::�.�.
<br /> " '� Iastmment is an:0 leasehold4 Borrower ehall comply with all tlie pmr�s�imns of the leasa.If Borrower acquires fee titla br:.. . ' f%�
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<br /> 'i3, the Proporty.�rr 3�asehold aad t�e fee titlesLall aot merge unless Lais:er a�:.o the merger u►writipg. `,� 9„�-_
<br /> "_.'�; 7.Pratectinn.o!Leader'�Rights in the I'�aperty.If Ho*rower faiLs.m>j�rPorm the cavenaats aad a�+eemeuts � ���a�. .y_���_
<br /> eontain.ed in thig Securitq Ia3tnrmcn�or there ie a legel prbceediag th�t tn�.r�i,�ficaatly aftect Y.ender's rights in the ` ,
<br /> - � Pmperty (suc� �s.a�praceediag in bsakrupuy, Probate, for ouri�rnaat'rmY �rr forPeittua or w en4orce lsws or ��-� �
<br />-_;:� ' ragulstians).�9ux2 Ti,ender maq do sud��or wh�tever is neoe�asg t,n protect Ahe.val�e.�f'.t�:u:Y'ropertp aad Lender's : -;;��:,
<br /> j� . ri^�tg s.in the l�s;�rty.I�dc�'s$ctfc�rssa include a in an cs�a sewred b a lien�+�SI�h t�as nority over t�is � ,��-'"�
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<br />--'r� Sriec�:ri�y Instrument�aPP�riss�in court�payipg reasonable attora�rs"�ees a�al.t�rcAg oa the Froperty io malte repaire. •;�•�,; ... • t �,r.:�'
<br /> �.-,�,''� �Yll�u Lender ma take a�on under tbis h�.Leu�r ii�4at ha��:tai.do so. '��s��j�. .• .r
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<br />",�_a Any amnun.3a disbutsed by Lendet under ttue paragaph 9 s'it�J,��Secome ad3itiosial debt o4 Borrower secured by this .,a _ . .'`�"'�•
<br /> ""�'`� Securitp Instrur�x��U�Iesg Borrower aad Lender agree to other uxcns of payment,these aznouute shall bear inte�t . . � :'�
<br /> -='—� from the datie af ciisbursement at tha Nota rato and ahall ba payabie;with interest.upon notice irom I�ender to Bonnwer •
<br /> ��;� requeatingpayr:ent. . -
<br />--:-r�� 8.Mortgasa Iafluraaeaa,If Lender required mortgaga insuraace as a cdnditioa of making tha loan socured by ttus ,
<br /> � Securitq InsWment.Borrower ehall pay the premiums required to meiataia the mortgage insurauce ia effest.Yf,Por aay
<br />���-—
<br />�� nason,the mortp,,age iasuraace coverega required by I,ender lagsee or ceases to�in effect.Borrower.shnU pay the - .. �
<br />-- ps�cmiuma reqvit�:d w obtmia coverage suhstaatially equivalent t�tf�iaottgage�n�+=*�nce previously in efiect,at a cast .
<br />��� s�bEtantiallp equavalant to the cost w Barrower oi tha mortgu�insurance previously ia efiect, from an altend.�e .!'����
<br /> __-� �a�go iusu�zt a�pmv�€ by Lendet. It.subetantiaUy equivalent mortpga iasuraace coverage is not available� �
<br /> � 13crcevwet sha11 pay to Le�tder each month a sum equel to ona^t�velftb of tha yearly mort�aga insurattce premium being �
<br />'-:::_�� paid bq Borrower when the iasusance coverage lapsed or ceased t�bo ia effect Lender wi11 aocept,use a�r�tain tf�e �
<br />.;;i__� psymenw as a Ias9 reserve in liev of mortgage insuraace. I.o� reserve paymenta may no longer be requir.rx�,
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