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<br /> • S.Hazard or Propeety Ins�rancc. Borrower sh�ll keep the improvements now wdsdng on c�reatt�r crc,cted on thn Yaipcity
<br /> insurcd ogabtst lots by faa,heze�ds lrtclude.d w1Ut(n tho t�tm"oxu�acd sovcmgo° a+!d �ny othcr ha�iuAs. inctudlrtg ftoods or -
<br /> tlooding�far w�fch Leader rr�quire�insuranco,'I1�is insurance ahaU 6o maintalncd in tho amounts and tnr tho perlad�that Lcndu
<br /> nqu{rw,'�e{nsunrrco c,vrler provlding�ha insuranco ehall bo chasc�by Bamnwer subj�t ro Lenda'a apprav�l whkh ehall not
<br /> 6a unrcasonably wtthhald.If Sorrower failn to maiciWn covcrago dcscrlbcd a6uvo,Lcndct may,at Lender's opdon,obt�in
<br /> wveeago tu pcote+ct 1.ender'e aighta in the Pra�puty in�r.cond�u�co wtth pary�taptt 7.
<br /> All lnsutance poIIcl�an�nnewals a6al!be acceptablo to L�c�er aad ahaU includa a slaradaM matgago cla�sa L�aeder sAaA
<br /> have the rlgdt to twl�the p�lkies�nd ren�wds.�t t.endrr requtc�s.Bor�owu sAalt promptiy givo w l�endRx�li raoei�to of p�id
<br /> praniums anA reney�►ai aotla;s.In�he event of lo��Baroowa slu�ll give pQOmpt noti�oe to the insur�rico cacrkx rnd Lender.l�end�r
<br /> may meko ptoof oi bss�f aot made P�PaY by Bomower.
<br /> U,�SS Lenaer and Ba�ower othawlm.�ee in wrlting. tnauranoe ptocaa9 abau ee�ppuea to:csto[Wion or repair ef tbn
<br /> �D�Y��Be�if tha resto[adon a rcpair ia eoonomically feasibk and LenQet'a securtty b not laseaod. It tha restar�tloa ar
<br /> npatr is aot oconomically fe�sibla or L�aida'e securIty woutd be ks,�.tha insurmca pi+aceoda ah�l bo�ppllad to the sums
<br /> sxured by thia Secudty Insunmeat,whettier or not then duo.wlih my exeas paid ta B�rowu.if Borrowa abandoas tha
<br /> Property�cr does�t answer wttriin 30 Oays a aofloo from i.a�der that tha inauranca canks has oftened to eettio a c6iim.tbai
<br /> La►a«may oollac tha ias�uen�prooceds.Lenaex may aso t6e prooaas m npair or restase t�he rropercy or co pay sums aecuroa
<br /> by this Sx�uIry InstFUmcnt,whether a aot then dua'nsa 3�-d�y�cz�:.-dU��iu whan the notiao ls g�ven.
<br /> Unkss Lenda and Bouowa othawlsa ag�e in wrldnB�enY ePPlication af pm�oods to princjpal ahaU nat axtend or postpone
<br /> the due data of the mondflY PaYr�nts refrnd to in p�rag�raphs 1 md 2 or chauge tha amount of tho ptyr�a�nta.If undes pir�gcepd
<br /> 21 tE�e Fiepeity�S��q�i�ed 6y I.eadrr,Bo:rowra•s rlght w any ins�uanon policks and procaeda nwt�ag from drn�ga to tde _
<br /> propercy prbr tu the aWuistt�on sball psss to Leader to tho o�cteat of the sums secured by tbis Secut(ty Tns�ment icnTaodL�tely
<br /> prior m tbs ecquisition.
<br /> 6.OOCUpatf[Cy�P�SCYPai�DH�MYIAZtRitM!AAd PfOLC�II OP t�lE Y$+Opeiiyi Bucrun"w'fi �WiD A�iJi�.�j�.
<br /> Bomewor shaU aceupY.esmblish�and uso ttio Propaty ag Bonawar's principal nsidenca witbin sbcty days�a the euceeutbn of
<br /> d�is Sa,urityr Instrument end�aU condnue w xcupy tha Pro�tjr as Borrower's p�nclpal reslda�oe fa at kau w�e yar�tta the
<br /> data uf aa�pency. unles�l�.euder otheiwjse agcoes in writing.which consent shali noi be unreasonably aWiheid.a unlesa
<br /> e�cunuadag cic�umstances exist which are beyond Bomewe.�'s oonmol.Bouowu s6all aot dest�oy.damage or imP���Y.
<br /> allnw the Pmpary to deurioiau,or commit wagte on the Praperty.Bomnwv shall ba tR defa�ilt if anY fafeimm a�don�
<br /> P��B,wbetha civlt a c�in�inal�js begun d�at in Leader's good faiW jud�t ao�ld n.a�lt in fafefaue of tbe Prapaty ar
<br /> Whesaise mate�aUY impait the ika coe.atod by this Sacur%ty�n.suumeat or I.st►der's scc�uity inta+est Barowa msy cure snch a
<br /> �nfanu and reinstate,aa pmuvlded�n patamr�h 18.b�r causin8 d�act�on or Or0000diAB to be disatiss+od wltb$RullnB tdat,in
<br /> LaWet's good faith detese�iiiaadon.0�acl�des frnfeiwre of tbe Borrowu•s interest ia tbe Pcopaty or other mata�ta�p�meat of
<br /> tLa liai c:eattd bp this Seauiry Insomm�ent a L�endet's socurr�ity inte�t.B�uR�ar sball aL90 be in deteult if Aormwa.durjng tbe -
<br /> lo�,pppli�ian prooess,gdve matesially false or inax�uate iaformation or s�ments w Leader(a faibd to provide I�end�r w1tl�
<br /> any muai�l iafatmaation)in connectton with tha loan eviderioad by tt�o Note.iucluding, but nctt l[miced to. repce�eawlons
<br /> oonoeming�onower's oocup�nc.y of Wo P�o�ty a4 a princIpal r�sideacx.�f this SecnrIty lnswrne�t b aa a te�seliold.Bamower
<br /> s1�aU campty with aD the proyi�ons of tha lease.If Bonowa acqnires fee dtk w tha Propaty.tbe lease�wid�nd the fee dde abaii
<br /> • not mage ankss I+qrukr agreea w d�e mager in vvridng.
<br /> '7.Prntection ot Lender's Ris6te 6n the Praperty. If Bonuwer faits w perfoim d�e eova�ants and�naaournla cenminod in
<br /> Ihis sepmity In��.« d�em is a lesal F�oe�iflg mat may siga�fu�a,►tly a@ea Lender•s rignta in t6e rropaty(such as a
<br /> pro�eeding Ls baaluuptey,prob.ata,f�ur oondemnadon ar foiteitiva or w enfoc�oe laws�t reBWs�).11�I��a may do and P'�Y
<br /> fa whuaver is necessu�►to Qrouct the vaIue of the Pcopaty an�I.euder's rights in the Propaty.I�enda's aodons mny inclndo
<br /> P+Y�8 anY sun�s eecund bY a lien whict�has prlotiey over diis Socurity I��sw�xnt,appearin8 ia eo�rt.pqr�n8 tr�omble
<br /> ettnrrays' fxs end etttczing an the Fi�pee�y w maka npaGs.Although I.enda may talro acSon unda thfs pu�grapb?�Lender
<br /> does not fisva W dn so. .
<br /> Any�cwunts disbursed by Lendet vuder this para�tsph 7 aball b000me oddidonal debt of�odtowtx sc�ctd by dils Sxuriry
<br /> Insann�enG Unless Horaower aad Leada agree w�otlk+r ta+me o�paymait,these amounu ahall bear inta+est�.lErom tha date of
<br /> disiwrecment at the NoLe raGe and shall.be payablo.wtth InLeres�upon aoda from I.eader to Boimwrr ral�8 P�Ymeat
<br /> �.M�o�rtgA�e Iasuranaa Yf�Lend�r ccquired mortgage ins�wnce aq a condttton of enaking dya lan sxutad by thfs See�ity
<br /> Insuuma►t, Ao�mwer shall pty the pmemiums requind to a�aintain ttu mortgaga tnsuranca in efEax.I� tot eny re�ato�►,ihe
<br /> mactguge insvrance coverage t+equired by Lender lapses or eeases to be in effact.Botrnwer shall pay tha nremiwms roqtdroa ro
<br /> obtain oov��age substandally acluivaleut w the mortgage insuranaa pmvlonsly 3n effocc,at a c;ost substrantiaatty aquivateat to t6e
<br /> oost w Bamwa of the in�tgag�inswanca pmvteusly in e8oct. fmm an altemaus mongaga tnsurer appmv�d by L�a►dar. If
<br /> sNbstm►da31y equivakat mat8age insnc�nee coverege is not available�Barower shall pay w Lendec each month s s�un eqnat w
<br /> onatwelfih of[he ye�rly moxtgago insauence pnmium being paid by Bozmwer when the insura�nca oovuage Iepsad or aaied to
<br /> -bo in effext.Leader wiU aeccpt� nse and remin theso paymenb as a loss reserva in lieu of ynartgage insu�anoe.Loss�e
<br /> Forne 502� 91l0
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