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<br /> prc►pet�y insarat agrtinst loss by S+rG,hazen�iy im:ludexi�iihin the terni "catcnd�d cuvcrage" aixl any ntii�r i�u+��u., �„�:4�,.:p
<br /> flucxls rzr ftoodin�;, fnr�vhtrh[.cndcr requtrc;s insura�ticc, This insuruiecc nha!!tx:n�iutsti»�'�in thc am�ouriis and(c>r thc pedodr�
<br /> lhut t�:ndei•rec�airts. T'he i�tsura�iee earrier prov�ding tl�a iutiurauee st,ult hz; clinsen Ily li��rr.��er tiul+ject to l.cncE.er'w a�,pr��vai
<br /> which sh�ll ix�t be ur�r�asnnably wtthheld. If[3orrow�r fa+ls tcr mnint�dn cavernge clescritxd ��t►uvo, 1,e�xier n�ay. Q[ ���p�5
<br /> opeio��,o,�taiu cnvcra�c to prutect I.cndcr's rightta i�i thc�'roperty►n uccnrdat�cc witl�paragi•npti7.
<br /> A{I i�i�ui:a+:.::�1ici:�r,i:d sen_�Yals th��ll hc�acce�YUble to l.endcr;e�xl e'I�aU icicluc!e n stnnda�d n�ortgage clausc. [.endre --
<br /> shall�have thc right to�old die na'.icies�u�d e�newals. !f L�cnder requires,f3orrawcr shatl pran�iptiy glvc tn i.endcr a1i ru«i�;,;c f
<br /> paid�rzntiuir�s mx�[encwnl noticts. Iu Qir,evcnt of lass,Borrowcr shult givc prompt noticc to thc insi�ranco carrir,s aixl I�cndcr,
<br /> Lcndar may makc p�eo�of loss if not madc pron-�ptly by Borrowcr.
<br /> Unless Lender c�nd&�rrowec othezvisa cigree in wriiing,insuranee�+rQCceds ehcia be ah�i�ied tu+-c`-wration or repair of die
<br /> Fi•opetty damaged,if pic restaration ot repaic is c.:canomicalfy feasiblt:u�d I.cuder's sccurtty is not te.cscncd.If tl�e restc�ration nr
<br /> repair is not economically feasible ar l.endr.r's securiry would tx:lessened, the insurance proceeds shall[�e appliecl to the sums
<br /> secured by this Security Inst�?iment,whcthcr ur uo�t�en duc. +�ia���exccss pai� tn Barrower. �f Borrower:�bandons tho
<br /> Property,or dces not answer wid�in 3Q days n itotice from l.ender that tlie insurance carrier has ofiered to settle n cluim,then
<br /> Lender may �ollect the insurance proceeds. Lender may use the procer.ds fo repair or restore ti�e Proper�.y or to pa� sums _�
<br /> r,�curc�l hy this Security Insuument, wiiether or not tiieii due.The 3iMay period will Begin when the notice is�iven.
<br /> YJnless Lendcr and Borro��er othenvise�gree in writing, s►ny applicatiAn of proceecis ta prir�cipai s�ati n;.t e:t�.^.�v�
<br /> postponc the ctue date of the monthly paymcnts referred to in parafiraphs i and 2 or change the arnaunt of!he payments. If �,
<br /> ux�der paragraph 21 the Praperty is acquired by Lender. Burrower's ri�ht to any insurance policies and praceecis resuiti�g fron�
<br /> da�nage to th�Property prior to the acquisition shall pass to Lcnder to the extent af the sums securcd by tl�is Security Instrumcnt
<br /> immedintc7y prior to thc acquisition. , _
<br /> 6.Occupancy,Preservation,Mafntenunce end Protection oY the Piropc►�ty;Borro�ver s 1Loan Applicatton;L�aseh�,fds.
<br /> Horro�cver shr,ll a�cupy,establish,and usc the Property as B`orrower's^principal residence w'uhpn��iP�y da�ys;fle�r�`[�Q�e�x��°��
<br /> � �his Security lnstrutnem ana snaii c-oniiuu� iv a�uilk:j iisc.-a��—••zs� � •�•sT.^.•»°C��^:.i:`tl.�__..._----- " �
<br /> �� ��the date of occupancy.anless Lender othenvis�agrees n��vdtin�. which cansent sh:�ll not be unreas-onably widit�ld, or unic�ss
<br /> ' extenuating cin:z►mstances exist which are beyond Borrowcr's cantrol. Borrower shall not destroy, d.vnage or impair the
<br /> Prapeity, �l9ow the Properiy to deteriarate.or wmmit waste on the Property. Borrower shall be in default if any fos•feiture
<br /> actimi ur proaeding, whether civil or criminal,is be�un that in Lender's�ond faith judg►nent could result in f�rfeiture of the
<br /> Property or o!henvise materially impair the lien creaYCd by this St;curity Instcument or[.end�:t's securiry interest. �orcowec may
<br /> cure such a default and rainstate.as provided in paragraph l8,by causing the action or proceeding tai be dismissed with a ruling
<br /> that, in Let�dcr's good faith determination.precludes forfeiture uf the Borro�ver'� interest in the Property or other Raterial �"
<br /> impairment-of the lien cre�ted by this Sec,urity Listcument or Lender's security interest. Borrower shall nlso be In default if �`
<br /> Borrawer,"ituring tlte lo:u►applialttor�process, �ave materially false or innccurate information or statements to Lender(ur failed ___
<br /> tu provide Lender wi�u any materi�l infomtativn)in cannection�vith thc loan e��idenced by the Note,including,but not limited N�
<br /> •to.representations concerning Bornower's occupancy of the Property as a principal residence.If this Security Instru�ncn¢is on n Y
<br />- leasehold. &�trowcr shall oomply with all the provisions of thc lease. If Bonower acquires fec,title ta ahe Pro{�rty. the �n�
<br /> � lcaseholc!nnr�.+thc fee titic sha11 not mcr�e an�ess Lender agrces to che me.rger in writing. �-:;,
<br />- 7.Pra2�eiion of Lende►'s Rights an the Property.If Bornower fails to perform►lie cove�unts and agreements conmined in �`_.:
<br /> this Securiry Ins�n►ment. �r there is a legal proceedin$Ihat may yigt�ificantly affect I.ender's rights in the Propedy (suc7►as a �,�
<br />- proceeding in bankruptcy.prubate,for condemnation or forfeiture or to enforc���ws or re�ulations),then Lender may do and .-��
<br />= pay for whatever is ncress�uy to protect thc value of the Property and Lender's.cights in the Property. Lender's�ctions may Y�:�;�•
<br /> �,::,,.
<br />= includr, paying any sums secured by a lien which h.�s priority over this Securiry Insttvrne►►t, appearing in cvun, pay��8 �rl�
<br />- reasonabCe attorneys'fees an�entern�G on th� Propeny to make repairs.Although Lendcr rmay�ttilcr. �ction under this pangraph �• ,
<br /> 7,Lender does not have to do so. �'•`-Y
<br />,_J Any amounts disbursed by Lender under this par:+graph 7 shall become additianal debt o�'Borrawer secured hy this
<br />- Security lnstru�nent. Unlcss Borro�ver nnd Lendcr agrce tu othcr tcrms of payment,thesc:unounts shall beai'interest fram the
<br />_= � date af c��sbursement ut the Nntc rte and sl�all be payablc. with intemst, upon notice from Lender to Borrowcr rcq��esting
<br />' payment. .
<br />':9 $.Mort�,;�ge Insnr�ncc.lf i,cnder r�quirzd mort�age insurance as a condition oY malcing the�oan secured by this Securiry
<br /> � Instrwucnt, Bonower shnll pay tl�e premiums rcy�ired to maintain the enort�age insurance in cffat. If, for any rcason, the .
<br />� mort�age insurancc coverage requirc�l by Lcrxdcr lapses or ccases to be in cffect, Borro�vcr sliall pay tlie prcmiums required to
<br /> abtain covcr�ge siibstantially equival¢;nt to tlic mortga�c insurance prcviously in effcct, at a cost substantiatly equivalent to the
<br /> - cost to Barro�vcr of thc mo�tga�e insurancc prcviously in effect, from an altcrnate mort�a*c insmrer appruved by LenAer•If
<br /> � subsiuntially equiv:�lcnt mortgage insur:mce coverage is not availaUle, Borrower shall pay to l.�ender each month a sum equal to
<br /> � ouc-twclfth of tlic y��y mflrtE�o��nsuranc�e premium bcing paid by Don•otivcr when the insurance covera;e lapsed or ceased to
<br /> '� b::in efPect.Irnder will accept,use and retain these payments ns a loss reserve in lieu of mortgage insurance. Loss re.cerve
<br /> � Form 3028 9190
<br />��� Pago 3 010
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