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<br />- '`�"�`"�`'„ ' '� S. H�rd or Property insnran��e. Barrower shall keep the impravementr� rtow exititin� ar here�tier erectcd on thc
<br /> � ;. ,.:,-� E"roperty inwrcd against toss by fire.h:uards included within the term 'cxtcnde�mvrrage" and any other ha�nnls, ind��din� ,
<br /> Floads ar flaoding, for which l..ender mquirea insurance. This insurnnce shnll t+e maintaineJ in thc amounts und fi►r the pertods
<br /> -•.'p'•�,' tlutt Lender reyuims. The insurunce curcier provlJing the insurnrtce shaQ t�c chcnen by&�mnver wbject tn l..encicr's uppmval
<br /> ;�a ' which shalt nat be anreasanably withheld. If Borrower fails ta m�intuin coveruge dcscribed nhave, l.en�lcr may, ut I.ender's
<br /> �; � option,obtain covernge to prutect Lender's rights ta the Property in uccordance with parograph 7.
<br /> ��'�� All iasurance policies and renewals shall be acceptuble to Lender und tihuii include a standard n�artgage clau�e. Lender
<br /> ,,,,"�.,� shall have the ri�ht to hald the poRcies and renewais. If L,ender tequires.Bnrrc��ver shull promptly give to Lcnder ull receipts of
<br /> -�:�:t'� ;�, puid premiums und renewal notices. In the event of loss.Borrower shul l give prompt notice tn the lnsurnnce c:urler artd I.ender.
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<br /> .,,���,'-','.: � Lertder may make praof of loss if not made prompUy by Burrower.
<br /> =ry:.�`'�� . Unless[.ender and Borrower otherwisc agres in wrltiag.insurance proceeds shall be applied ro restoradon ar repair af the
<br />-:* �'�� `W`t Property dumaged,if the restomtion or repair is economically feasible and Lender's security is nat Iessened.If the testoration or
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<br /> "`` �-�� repair is not economically feasible or I.ender's secnr�ry would be les.wned.the insunince proceeds shall be applied w the sum.4
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<br /> -;ra�'., secured by this Security Instnunent, whether or not then due,with any excess paId to Borrower. If Borrower abandons the
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<br /> `:��,���.^',�. , Property.or daes not answer within 30 days a notice from Lertder that the insurance carrler hus offered[o r,etde n cluim. then -
<br /> �:;,';��:'�� ixnder muy wllect the insurance proceects. Lender may use the proceeds to repair or restore the Property or to pay sums
<br /> - '' �`� " � �ured 6y this Security Instn►ment.whether or not then due. Thc 30-day prriod wil!begin when the notice!s�Iven.
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<br /> `'�''t' � llNess Lender and Bonower othenvise agro� in writing, any applicution of proceeds to pdm�ipal shall not extend or
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<br />--.��♦_�;;� ,^ postpone the due datc of the monthty paymenu s+eferned to in para�raphs ( and 2 or ctti�nge the wr�ount of the paymen�s. If
<br />=:_.;�s*�• under paragraph 21 the Property is acquired b�[:ender.Borrower's right w any insuran��e po1 icies aRSi proceeds resultin�from
<br /> ��� r�� damage to the Property prior ta the acquisitiun shall ps+ss to Lender to the extent of the sums secured b?r this Security Tnstrument
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