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<br /> _ � °. �� nee. B�rcower ahell fceep Qio irnpmvemeaits n��w exi��ing ar Cier�,afu:r efzct.cd an tii�Fi�ixa�y
<br /> S.Haxasd or�operiy dr L�e .
<br /> insurzd c�ir�t loss by flre.he�rds incflud�d wl9hin the ter�"exccucicd c»veceae" nrzd nay other ha�r��includfng fto�ds er
<br /> t L,snc�c� ,_,,
<br /> ,..'.� . , :� fioodin�,far whic.h I.ertder recbuite�s insu�nnc.e.'i�la u►sww�ce bita;l L•;:ra.::..^�.�in t�°rJnoi�nt�ercd fop tho�ai hfi�h•shall�ot ' ..,_:;
<br /> w rcyuirr,s.'Il�o ins�tt�nce auder provlding the lnsurnnc�a shall be chosen by Hormwe.r subjccc w x.eadet's eppco �� ,
<br /> . ,,�__, be wueasonably �vithheld. If aarrawer failg to m�ilntaln covemg� descrii�ed nbove, Lender mny. at I.end�r's ogtion, obsafn ��'�r.•
<br /> . .� '„-�'� coverege to pmu�ct I.ender's rights in the Property in ncc9rdtutce wi8�p�aza�raPh 7. '�,
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<br /> ". ,�. , All insuPancc policae�and renewals shall be ttcceptabla to Lender and ehatl incl_ude a standard�rL,endez alt Pts of SQ�in ; .
<br /> �• have the dghc to hold the policie9 end re.newa�s.If Lender requin:s,Bamnwer shall pm►npY1y g
<br /> � preaniurt�s end re�ewal aotices.In�ho e�ent of lmss�Burrow�stia?]giva pmmgt nat�cs to tho�nsurtu�co csurier and Lender.Lend�r •l .
<br /> may maYe graof of lass if nat matle pro�npdy by Hom►wer. u��rest�Iation or:epair of the ;;�;`;: •�
<br /> � . `� Un�ess Y.ender an►i Boxrower otheiwlse ag�e in writing,insurance p�nceEds shall be upp' ... �_,.
<br /> �� 1Pr�peicy damaged�if tha restorotion or npa3r is Qcanomic�lly feaalble and Lender'9 security�l�all be apP e�to the sums ;�::
<br /> , . � repair is not economic,ally fea�,'sble or I.ender's se�ure¢y would be lessened,lha insuranc�e P
<br /> - ��� by this S�cur;�y Inswment, wUether or not then due, with any excess patd to�3orrowcr. If Borrower abandon9 tha �: ,
<br /> _- i , praTs:xty�o'[L4°S ROt AnAWCt WI!lllil 3U dSjiB n ROtEf�ffOiil I.CIIdCt t11flt t11C IASl1T'dIlCC C+�[I�Ct h89 OffCIC�T��y A��mc���'rcd ..� �4�
<br />`- . L e n d e r m f►y w ll e c t i h e�n s u r e i►ca pmceeds.I.ender may usc the proceeds to repalr or restore the Fi��."ry '�.,
<br /> - m od w i l 1 b e g E n w hen t he a o d c e i s g i v e n. .
<br /> • by this Securtty Instnu�uant,whether or not then due.'Iho 3b-dey perl��tian of prnceeds to principal.sliall not extend ur postiwne
<br /> � U�Less Lender and aorrower otherwise agree in wridng.�u►Y ePP .
<br /> — 'u`�o Guc�.B`��'�^�+t�Y'����LO�p�hs 1 a�1d 2 or chnnge the a.�novnt of the paymcnts.If under para8raph
<br /> �s uired by Lender.Bocrower's right to eny insurance I�oticies anu pi��•w�•�sg �c;; '�°,m 9A�n�'e .., �`_
<br /> 2! tho Pcoperty ' c�c4 ..��.
<br /> p�PertY Prlor Lo the a�quisition siutll pass to Lender tn the eatent of thc sums secur�d by dris Security Insuumeat immediat�ly �f ,,f
<br /> � ;.i, ,, prior to the accluisltion. Borruwer"e Loan Applicsttiau:l.��aseholds. �;.�:,.
<br /> . �;� 6.Occupancy.Preservatiun,Mat�te�nce and Protection of the Property. ;,
<br /> .. BortoArr shall ciccaipY�estabi�sl�.and use the Prope�ty es Borrower's pria�cigal residence withiu sixty deya nfter the e�ecudon of 'ti:, .,
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<br /> tWs gecurity Instcument and shall continue W occupp the Properiy es aorrawer s principal res[dence for at least one}ear e
<br />- ---.--'=_ . ,_ �.:.:__ ...�.�,h .r.n,:rn� �hall nnt be unresisonably witt�held. � unless
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<br /> _ --i �s^Qc ���mancy, unless Lender omaa►isc agt� �� �••W,g, �.....- ----• ._ '=.
<br /> . - .. eactenuadn8 circumstancES eaLst whicU aro bayond Borrower'R control.i�oirower si�aii noi uc3u.,�.c�"'�s a:'ssn�r mP�nncm. r__ .•
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<br /> . • •� allow the Proper�Y w deterior.aLe. or wmmit waste on the Propei'h+. Barrower shall be in default if any foifeituro acdon dr , .
<br /> , prdceeding�whethex civil or crlmina1,is ltegun that in Lendr,s's good faith judgment could�ui��Ro��of�cure such a �
<br /> ottie�se materially impuir the llen cxeated by thi9 Securlty Insuument or Lender's s�curity' with a tuling ihat,i�n ,�.
<br /> defQSlt and reinstate. av pravided in ParagrflPb 18.Uy causing die acti�an or prnceedin8 to be dismissat entpt '
<br /> ° Leadear's goocD faith dete,nnination.pcecludes forFeitura of tho Borrower's inurest in the property or other meter3stl imIs�m ,�,,. ..
<br />- � � tlhe lien c�ut�ed by this Security Instnement or LEader's seciuiry intPrc..c:7.Borcower shall aLso be in default if Borrower.duru�g tite �,;:t..
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<br /> � � It�v►application procuss�Sf►ve materiallY fz+Lse or uia�ccurat�infoimatlon or s�.ements te Lender(or failed to prov[de L�ender with 7�:;1;
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<br /> . ' mny maoerial informntion) in connection avith the loan evidenced by tde Note. including�but not limit+ed to,rePrese�►aL�ons
<br /> �n�g gorrowea's occupancy of tt►e Property ss e principal res�dence.U thLs Sec�uity Instrument iv on a lcase!►old,Bocmwer
<br /> Shall�omply vvith iill the provisions of the It�se.If Borrowec accluir�s fce�:tle to the Propeny.the Icaseho3d and tha fec dde shall
<br /> " not mcrge unless Les►der agroes to the merger in writing. meats cenmiued in
<br /> - , 7.Protection o!Y.ender's Ettghts In the Pruperty. If Borrower fa;Lg to perfoan the covenents and egee ,
<br /> . • this S�carity Ynstnunent,or there is a Iegal pmceeding that may signi&dntly affect I.ender's right�in the Fa�o�ertY (such as a
<br /> • � pcoc�sling in b�nlQUpuy,probate,for wndemnation or forfeiture or to enfares laws ar ragulations).���n�do��nay�c ude
<br /> � far whateves is necessarY to Pmtect the valua of the Property and Lenfiu's rights in the Property. in cou�i,PaW►8 ceasonable
<br /> , •� �• . paying anY sums secured by a lica which ltas priority over this Seciudty Insuument, appearing �7'��
<br /> ` . atwmeys' fees and entering on the Property co make►�epairs.Although I.endez may take actton under thi5 Paiege.p
<br /> �„ dces not have w do so. h 7 shall become addidanal debt of IIorcowea secured by this Secueity �
<br /> - Any amuw�u�isbuised by L,ender undet this paragrap
<br /> , L�strument U�lcss �orrower and I.endet agree to other tecros of payment,thsso amaunts shaU bear interest 6rom the @ate af
<br /> " disbiusement at the Ne�.e raVe and shall be Payablc,with interest,upon nodce[rom Lendcr to Borrower requesting paY��4 ,
<br /> 8.MortgA�e Insw�unce. If Lender mquired�noRgage insuninoe as a condition of makin8 ths loan securod by this Security o
<br /> Instrument, Bor[awer shall pay iha premiun�s ro4u�d to main�ai� tho mortg�►�,to insuianc;o ia effec� If,for uny reason,tho
<br /> " mortgage insnrance covemge ceq�rlred by Lender lapses or ccascss to bo in effect,Bumower shall puy 1he pren►iums require�i to
<br /> obtain coveragc substantinlly ecluiealent to ihe mortgage insurance prevtonsly in effect,at a cost substunroV�by Le�der. If
<br /> cost to Borrower of the mortgage insurance paeviously in effect,from sui altemate mortgage insurer ePP
<br /> subst�ntially cqutvalcnt mor�agc insurance cavers►ge is not availablc,Borro�ver shall pay to Lcnder each month u sum equal to
<br /> - _. . on�twelfth of tho yauly mc�rtgago ins�aranee premium bein�paid by B�rrawer when the ins�rance covcaage lapsed or oeated to
<br />- • Ue in efiec� L.ender will axcpt, usa ancl retain thesc payments as a loss reser�e in licu of mortBaSe insurnn�e.Loss Yeseacvc
<br /> -';•;..,:� Form 9028 9/90 „
<br />- :`;.� Papo 9 ot o INti��• .
<br /> ;.'��: �•86t(NE)W2i21
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