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<br /> S.Nwaard or Praperty Insuronrr. Borrnwer ahall keep�ha imprcvemcnt�rtow o�clsting a:hereatLer ucctcd on the Property .
<br /> insure�agalnst loss by tir0,hnzards includcd wi�hin the tem►"extcnded caveraga"and any othcr htizards,inctuding ilooda or
<br /> ., ilouding�for whtch Lcndcr rcqutres insuranco.'il�is insurunca shetl bo matntained in tho amounts and for tho perlods lhat l.endcr �.
<br /> ;;r r rcquEros.Tho insuranca carrfcr providtng thc insuransa ehell bo choscn by Borrowcr subJcct w Lendcr's approvst whlch shall no! ��
<br /> .�. �� � � �• be unrcasonabty wlthhetd. If Borrower laiis w rtwlnt�in coverngo descdbed above� Lertder may, at Lender'a optIon� obtein .
<br /> . " covcmge to prntoct l.ender's riIIhts in!he Pro��rty in eccardnnce witA paragreph 7.
<br /> �:r,. �.,,�: All insurance poUcics ana renewala shall be acceptable to i�ender and shali includts a stanQard mortgaga clauso.Lender shalt ,.
<br /> :�'f';:�-�.� have tha rlght w hold tho polictcs and renowais.If i.endu requires,Borrower shall prampqy give to l.endcr aii reccipta aE patd ,
<br /> , ;,;:�+� pre�iums and re�eewal noUces.In Iho event of loss,Horrower shaU glve pmmpt nodce to the insurance cartler and Lender.L�ender
<br /> �` '��r""""�'''' may make prcx►f of toss if rtot rnade promptly by Borrower.
<br /> •k. . .. Unless Lander and Borrowa o�herwlso agrea i�wrlting,tnsure�tc�s pmce�eds shell be applted to restoratton ot repair of�ho
<br /> � Pra�e�rty dam�gr�d�if the�sWmdan ar repatr is economicalty feasible and Lender's securlty ie not lessened.If the reswradon ar
<br /> . , . �epa�U is not oconomically feagible or Lenda's security would be lesssened,the inaurartca proceeds shall be appUed to tha suma .�,;.
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<br /> ";�r �.:; � secured by thLv Soc��dty Instrumen� whelhe� or nat then duo. wtth any a�ccess paid w Bormwer. If Boirowu abaadans tha ,, ,.
<br /> �•• � P�operty,or does not answer w[thtn 30 deys a nodce iram L�eder thet the insurance carrier ha4 offered tn settie a claim�then ,�
<br /> : �,•.; l.endor m�y collcct ths insuranca pmcceda Lender may use the pracccds w rc,pair ur testors the Pmperty or w pay sums sa'�ued �.,
<br /> a`- ��=: �.:�..� by thia Security Inswment.whether or not ihen dua 1]►e 30�day pafod wUl ixgln when tha nodce is given. ":kA
<br /> - ;: �:;; Unkss Lander and Sorrowc�otherwise agrec in wclting.any applicadon o!pmceids w priacipal shall nai extend or postpone ��
<br /> - - - �- the dua data of tho monthlY paYmea�tv r�ferred w in ParegraPhs�and 2 or change Uie a�nount of ihe payments.If under parag�aph ,.
<br /> .� "�.;�:;�� F! .. 21 tho ProDC�rty ta ecquired by L�ertder�Bmrower's dght W eny Ins�uance poUcies and praxed�resutting frnm datnage w the
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<br /> y�°`„ ,�. Frupetty prior to the acquislti�n shali pass w i�ender w the eat�sr�t uC ti�$swua secu�cl by�hfs Secsujty laslnunent imm� y
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<br /> .� ,,: •. , � or w the acquislUon. `��:�
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<br /> �•�.r�-� 6.Occupancy,PrrservAtbn�M�intenAace Aad Protectbn a!the Pmpertyi 8orrawer's Lonn ApplicaNani�hotda °P":
<br /> �.Y� .,� .,�`�` '� Bomowu shall oeeupg�eslabilad�and use the Hnperty ac Borrowa's principal restdeaea wifiin sixty days a4er thc�ceeuQon of �i.._
<br />� , `•. ,• this Security lnswment and shall condnue to oocapy the Prope�ty a eorrower's principal resIdence for et laast ono year aEisr the �
<br />-'"::'':::'� date oP accupancy� unless Leaider otherwlse agroes in wrlpng, which consent shall not ba unreasonebly withheld�ar unlas� =_
<br />,���;.;�;�•r,-. � e�ctenwuing eircumstances o�ist which ere beyond Borrower's conuol. Bormwer shatl not destraY�dar�a8e or impafr tha Property. =-_=__
<br /> :'�� .-��t:� atlow the Property to detalorato. or commit wa9tc on the Property.Sorrower shall be �� default if eny forfeituro ac@an er '°''_�=.
<br /> : ��;.
<br /> ''��:•���• �� �- prnceeding.whether dvil or cdmtnal.is bcgure lhet Ia Lender's gaod ta[th judgment oould Qesuit In fortetwra ot the Propeity or -_--
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<br /> - �.r:<��;.�, dhenvise mtterially impair tha Iien cccatc�by this�ecurity Insaument or i.a�dcr's sec�riiy inicro�i.Hmi�iwc�rn��r euia�a = �
<br />'_�,,;.�..�.`: � � de[ault and reiaststo.as provlded in paraSrnPh 18.by csusing �he actlo�or proce�ding te be dlsmissed wltN s tWing iha� ir�
<br /> ,t".�:��.;;.:: ;��� '• lrendcr's good faith detemilnatton,prccludos forfeiwro of the 8orrowcc's interest in ths Property or othar material impelm►cnt of _
<br />`=r�:4�;;;.��`�?--�. t h a U a►c m�a t e d by t h i s S o curi ty I n s w m e n t o r[�e n d e r's s e c u r I t y i n w e s t.B a r m w u e h a l l a l s o b e i n d e f a u l t i f H o r r o w u�d u r i n g t h e --
<br /> � .'t�'• �� loan appliaaion pracess,BBVe materlally false or inaccurets infomiatton ar stateme�ts m Lcnder(or failed w provWe Lender with --
<br />��—��`-'°"�` : �py mu�xW [nfonc�ation) in.connaction with the loan evldenced by the Nnte, including, but not limlted �� represe�t�adons
<br /> -- "'�_�'� ^�'� conoeming Boaowu'a oocupaacy of 1h8 Prap�ty as a principal residenoe.If titis Security Inswment is on a leasehold�Somowu
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<br />__�..t�,,,,:,,.�� shW�omply wtth all the provistons of the Iease.if Borrowu ecquires fea dde to tt►e Propasty.Iha kasehold and tho fea d�le sbeU _Y__
<br /> _-_:.:-�.,_ :- nW mcrge unlest Lendcr agrc��w the mergtt In wdting. _
<br />�___��.�.�,�::"�T � 7.Fratcction ot Lendcr's Rt$hte tn tde Propertr. If Sorrower fails to perForm the covenants and e�ana wntaincd in
<br /> --_�.,,,,�;� this Socudry Inshumca�,ar�hera is a legal pmcee�iag that may eigaificar►tty affeci Lender s dghts in Iho Prnperty(sueh es a
<br /> ---------- proceeding in bankruptcy.probata.for condemnctttbn or forfetwre ar to enforco lawa or regulationa)�then I.ender may do end pay
<br /> �.'�`'���i for whueru is noe�ary to protect tha v�tue of the Prope�ty and L�x►der's dghts in tho Propeny.Lea�dec's aettona msy include
<br />--��'�`�'`��� pyb►g aay aums securcd by a licn which has prtodty ova thia Saudty Instrumen�e,ppoarin8 in couri�PaYing reasonabb —"�
<br /> — -�-�'� auameys' foas and entering on lhe Proparty to make repair�.Although Lender may 181ce acdon ander ihia paragraph 7.LEndet _=
<br /> - - docs not havc to do so.
<br /> �=���� My amounts disbursed by Lender under�h�s pacagraph 7 sliall t�oma sddltIonal debx of Boaowrr recured by thfa Security
<br /> _'!:�.�� Jnawman�Untess Borrower and Lender ag�eo to other tenms of pay�nent,these amounts shall bear interest from the date of —�
<br /> -.-,+�.��''��"� disburaement at tho Not�cato and shaq be payabla with interESt.upon nottoe fcom[.ender to Borrower requasdn6 PaY��� —
<br /> --- �.Mort�sse Insur�anc!� ii t r.m1�r re�q�.�re!mort,�,�e�s�rn���s a condilion of m�ing!he lo�t t�t�nd Ay this Secudty �---
<br /> ��.~=����� Inswmw►t�Bnmower shall pey tha premiums requtral to main�Im the mottgege insuranee in offecl.If, for eny reason� ths --
<br /> -.�-.-�f �8 �9 Y apscs or a�ases to be in etfect.Boirowcr�shaq pay Iba pmmtums nqulre�W __
<br /> —�=�.--::,� mortgaga Ins�uancc cor o uircd b Lcndcr 1
<br /> =-�<«`:s;�`' obtain covaagc substanUsily cquivalcnt to the mortgage insurance pravtousiy in effoc�at a cost substantially cquivalent w�he --
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<br /> "=-'� cost w Bomnwer of tho mongago lnsurenca presvIously in et[cct,Crom an eltemete maAgage insurer appmve�by Lendu. If �"'`-'
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<br /> � ;����`��� substantially cquivatwu martgage insurance cov�rago ia rtot avaitabl0.Borrower shall pay to Lendor cach month a sum oquat to � `
<br /> __'`.;',.}.�:�-: ;#i onatwWith of�ho carl mo � -_"-
<br /> .;.:-=::`. :�w....,. Y Y �8o inauranco premium beiag paid by Boirower when tho inswance coveraga lapsed or a��d w
<br /> :y�;*� ; �; :� be in eifect.Lcnder wU!accep� use and retain these paymcnts a� a loas reserve in Iteu of morigage insuranco. Loss rese�va
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