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<br /> 5. y�ss�ti or S�O�terty I�aur�pce. Hormwcr slul[ keep thc inipmveinente now cxisting ar hereafter erexy on the
<br /> i�r��p�rty in�krctl uguinst tosti by '.ire, ha�ards included within the tenn "exterulcd cuver�ge" urod a�y othtr hazud�,��reclmdin�
<br /> fi�Hxts or ilocxling,fur which I.cnder requires insurancc.'a i�is i�isw.mce r,liuil U::�iwii.tutu.:� it�tt;�::s+.ounts c,-�:i tcr th'_` ("►'<r�•.
<br /> that I..endcr rcquires. 'Che insurance carrinr providing the insurAnce shall be chosen by Iiorrower cubject to Lend�r's s►pprciv�l
<br /> whish shul{ not bc unrcasanably withhcld. IF Borrow+cr fails to maintain Caverage dcscribed ubov�, l.cndcr +�my. ot I..encler's
<br /> op�ion,obtain coverag�ta protect l.ei�cr'y rights in the Priiperty in accordsnce with purngauph 7.
<br /> All insurnnce pnlicies ancl renewnls shnll be acceptab4e to I.ender and ahall include a sta�xlasd mortgage clause_ Lender
<br /> shall have the right to hold thc policies and renewals. IiLe�xler rcyuires.Bc�rrower sholl pronipdy givc to I�►�der all rec:G�pts of
<br /> paiA prcmiums und renewxl noticcs. In ttic event of tos9,}�rrower shull give p►ornpt notica ta thc i��sora�sec c::rrfer au�J Ir.rx��t• -- -
<br /> Ltn�cr may m�lcc proaf of loss i6 not madc promptly by&a:mwer.
<br /> Unless Lendcr and F3arrowcr otk�erwisc agree in writing,insnr.incc proceecls shall bc applicd tc�restoj�ntion ar repairof tl�e
<br /> Property dxntaged,if the resto��ation or repair is cconamiGally feasible nnd i.cnder's security is not lessened.if the eestaraiion dr
<br /> tepuie is not economically feasible or I.ender's sccurity would be lessenal, the insurance procecxis shall he applied t�tix sun�s
<br /> secured by this Security I�strument, whether or nut thcn duc, with uny exccss paid to Borrower. If Borcower abamdons tfx
<br /> �rope!ly, �r docs not answer within 30 days a notice (rorr�l.eruler that the insurmtice carrier has offered to scttle a claim, tlien
<br /> T..ender may collect the insumnce proceeds. Lender may use the procreds to repair or restore tl�e Properey or to pay surn�
<br /> secured by this Security Instru�nent,whed�er or not thend►ie.The 30-day period will b�.gin when the notice is glven.
<br /> iJnless Le�tder and Sorrowcr u►iie►�vise ug�e� in�•r�iting, �ny npplirlli�n af nr�en!s Sa princi�..!s;�all r:ot extcnd ur �---�
<br /> }wstpone the due duts of the monthly payme�us referred to in paragraphs 1 und 2 or change thc amount of tiie pay�rnrnts. If
<br /> under paragraph 21 the Property is acquired by Lcndcr,Borcowcr's right tn nny insurnnce policics and pracecxls resuiting frum
<br /> damage ta the Praperty prior to the acquisition shall pass ta 4ender to the extent af the sums secu��l by this 5ecurity[nstmment
<br /> immediately prior to the acquisition.
<br /> 6.�CCUpeRCy�pl'CtiCI`Ve«0l1�Maintcnaace and ['rotection oti tne r�ruNer#�;iiUiiutiia:i�n'a�i�ui�ri(:�i�G:�iO+�'s ��:'r-`—'�`�-�• '
<br /> Borrower sh�ll occupy,estab�ish,and use the Property as Borcower's principal residencc wiehin sixty duys after che execuilon of
<br />_ this Security instrument and shnll continue to occupy t�e Property us Borrower's p�incipal residence for ut leust one ycar aRer
<br /> the date of occupancy, unless Lendex othenvise ugrees in writing. �vhich consent shnll not be unre��sonably withheld, orunless
<br /> extenuating circumstances exist which arc beyond Borrowcr's control. Borrower shati not dcstroy, damagc c�r i►��pair t��c
<br /> Property. ullow thc Property to deteriorate, or commit wastc on thc Property. Bonower shall be in deFnult if any fod�iture
<br /> action or procexding. whether civil or criminai, is begun that in 7..ender's good faith,jndgment could result in forfeiture of the
<br /> Property or otherwise materially impair the lien created by this Sesurity Instrument or Lcnder's security interest.Bon�ower may
<br /> cure such a default and reinstate.as provided in pa�agraph 18, by causi�g the action or proceeding to be dismissed with nnaling
<br /> that, in L.ender's �ooc! faith determi�ation, prccludes forfciture of tlie Borrawer's interest in the Prope►ty or other material
<br /> impairment af the lien created by this Security Instrwnent or Lender's secucity interest. Sorroa•er shall also be in default if
<br /> Borrower,during the loan Application process,gnve materially false or inaccurate information or statements w Lender (or failed
<br /> to provide Lender�vith any material infarmation)in connection with the loan evidenced by the Note.including,but not limited
<br /> to,representations concerning Borrower's occupa�TCy of the Propeny as a principal residenee.If this Security Instrument is on u
<br />`- leasehold, Borrower shall comply with all the provisions of thc Iease. If Bonower acquires fee title to the Propeny. the
<br /> leasehold and the fee titic shall not merge unlcss Lender a�rccs to the merger in writing.
<br /> 7.Protectlon uf Lender's Rlghts in the Property.Lf Borrower fails to pe�•form the covenants and agreements contained in =-
<br /> tl�is Security Instrument, or there is a Iegal proceeding that mny significantly affect L.ender's rights in the Property(such as u ��`=`-
<br />= proceeding in bankruptcy, proNatc, for condemnation or farfeiture ar to enforce laws or rcgulations),then Lei�der may do and �_
<br />' p1y t'or whatever is nece.csary to protect the value of�he Property nnd Lender's rights in the Propeny. Lender's ectians may
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