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<br /> - S. Nai�ud or Pmp�zly tesurance:Borrocver.st�ll kceja the improvem�nts aow eaisting or l�e�eatitr era�ed'on the . __
<br />� =__��j���ii$(��-0�1�1�s ti2�t�►�t$t71i.�u��t�1ll�1G�Hi�``ii rCitLC1'�-v'8���-�-�- s, tul� . r-'=-- —
<br /> - ' ficm�gr!ln�In;,fos wttich i,ert�er t�uires insuranse.'i1�is iisuraacs shall 6e maint��Ed in tdte amaunts an�f�r tt¢e perFads . . —
<br /> •that t�ader requices.'17ie iasvsa�o�canries providing the insur,u►te sieail.b�chos^ai by Somu�ver sisbject fo laad:r'�appravat , .
<br /> �vhich ah�li not be�unreasopab4y a+ithheld. ii$orrower fails ta mattrtain ooverage described afsove. Lettder rttay.at Let�der's
<br /> oq�tion.o6tain cnverage to pme�t L�der's�i�hts in the ProgertY in aceordanee with paraBraPh 7.
<br /> IlIT insutanae�poGaes and renewals s3nfl 6e�tabte to Lender and shail.indude a standatd rrtortgage clause.Lender
<br /> s19a11 have th�tigbt to hotd the polides and re�wals.If Leader requires.8orrower sS�afl pmmptly give to Le�cder all t�eceiptS of
<br /> �1;d premiu�t�s aml eenewal aotices.In the evertt of loss.Snrrower sbail give prompt noti�to the insuranoe carrier and Lender.
<br /> Lendtr may make proof otluss if t�ot mada promqt[y by Bosrower.� � ` .
<br /> UnD�s i..ender and 8orro�ver alhe�vvise agree in vvPeting,insurance prooeeds s1�a1�6e appli�to resmratioa or tr.�air nF the
<br /> prop¢rty damaged,if ihe ratnratian or repair is economically f�sibte and Lender's searity is aot lesse�aed.if the cestoration or
<br /> � tepalr is rtat eoomomkally fessibde or Lettdsr's sewritY would.6e lesse.ned,the ir�svranx prucee�s sha116e applie�d to.the snms
<br /> �erurod.by this 5ecurity Iashum�ent„ whetber or aot then due. with any excess paid to B�orrawer. If Borrflwer a6Ht�dons the
<br /> Peupecty.or dces noi ans�ver aithin 34 days a noti�fmm Lender t�at the insvrance carrIer ttas offerad tp settle a clatm,then '
<br /> L�a�der ntay eollect ttse fiasurance prooeeds. LenBec may usc the proceeds to repair or restore the Pmperty or to.1�Y �� _,_
<br /> � secure�i by this S�urity 1n5tttiment,whether at not thett due.'fhe 3Q-day per►od wi116egin when the nutioe is given.
<br /> .Unkss Lendtr aad Borrower otheravise agriee.in wiiting.any appfiqtton o�prooeeds to pri�►eip�{shail not eztend or '
<br /> poslpone ti�e due date of the monthty�aymeots referred to ia�aragraphs I arrd 2 or c�artge the astiount of the payme��.iE.'
<br /> under pa�agraph 21 the Pcoperty �s aogs�ired by Leader,Borrawer's right to any insuraace poliCies and.pract�s rest4[tir�.�5om .
<br /> dnm�ge to 16e Property prior.l,o��e acquisition shall pass�to Lender to the extent of the sums sesured�y this Se,c�riry In�.nt
<br /> imm�iatsip prior to tl�e acqu'ss+tion. � . . . ' r ' ..
<br /> � 6.OccnPmcY.Pre��vatton,11�a�r,.Seaance and Protecttoa oi tlie I'rapertp;�orro�er's.i oan Agpibeatton;t.���,s. , . .
<br /> • gormwei shn11 ocwlsy.csla6lisb,and c�e the Property as Borrower's principal�idence withln siary daYs atter the cxec�f��r?�+.o€ .
<br /> 'lhis Security tnstn�mtnt and shail eont;Rsue to acenpy the Progerty as.Bortuwer�s p�nciPa!!�sjdence!'ar at teast one yt�sdY:'�.
<br /> the date of necugancy.unless[.endes otherwise agrees in wrifing.which cunsem shall not be unra.mna6ly withhetd.�or�itnless .
<br /> �e�cte►maling eitwmsty�nres eaist whish are beyorid_Borrower's control.�Borr�wer sh�ll nat destroy, dat�rage or.impais the
<br /> . Pro�rty. altow the Proputy to deteriorate,ur commit waste an ehe Propeny. 8orrowe�stietl.be in defaoh if anY foefeiture • .
<br /> aciian or procceding.wtiether civil or crimin.al,is begun that in Lender s gaod fatth judg�.,could msuit in forfeilUre ef we
<br /> Pmperty or oti�eswise mater�ally impy.•7retie lien cr�ted by this S�curity instvument or Lendre.'3�sec�irity interest.$orrow��ay
<br /> � eure sush a defaul�and�feinstate.as p�ided i�par�graph 18.by causing the act�o»or prnceeding to be dismissed with a ttiliqg
<br /> tiiat, in t�endet`s gan�i faith ddermination. prectudes forfeiture oF the Barrowcr s interest in the Pcoperty or othct tn�terial :
<br /> impairment a!the lies►created by thIs Seeurity tnsirument or l.ecider's securitp intcaest. Borrowes shall ulso be an def�ult io �
<br /> Borrawer.dudng th:,i�a�pp�ieatio�prooess.gave matedally false or i�aavratt infarmation or statemeiits tv Y.endas(or failed� � ' :` . _
<br /> to ps�etda l.�nder viith=my mate.�i:���rom�ation)in wnrux�ton aith the foan evidenced by tne IVete,�tnctuding,�but smt limited
<br /> to.riepresentations c4nceming 6anv�c�'s ooatpanc�of the Property as�prineipa!resiJenc�.IE this Sccurity Insyrutnpnt is tfn a
<br /> trnsetiold. Borrawer thati camply witii aU �he provistor,s of Ehe tease. lf Banowu a�cquires foe title to the Property. tite .
<br /> leasehol9�nd the fee titic ahall not muge unl�.ss Lender agr�es to'the meagcr i»writirtg. �
<br /> '7..[�ntai�on of Lender•s Rig�in the�raperty.Ii Borro�uer fa11s to perForm the mvenarrts and agreanents contai�sai in
<br /> �his 5er�c�tcy lnstrument,or there is a legal procecding,that mmj���ii#cantty aiTect�.Gnder's rights in the Pra�xrty (sucb as a �
<br /> � : proceeding in bankruptcy,pro6�te. ior eondemnation or foddture or to enlatze taws or rcgutattons),tit�Ie�tder m�y d'o and.
<br /> ,• pay tor whatever is ne�easary to prnteet titie vatue of the Property and Lender's rights in the 1'ioperiy. I.ender's�ctions may
<br /> � ,includs pay6ng any ait��s�s sccuml 6y a lien which has priority over this Security InstruEnenl, appeadng.in murt� payin,g � .
<br /> reasonab4e attot�eys'fees and er�terif�g oa tiie Pru�Cty to ma'ae te�ai�.Aith�ugt�l.�nder may take action under.thts paragrp#�h
<br /> ' .7.Letxnr does not have to do so. �� •
<br /> � Any amounts d.s.�uis� by f.endez under this paragrap!��.�;���al! bes��ie addition�C;�ebt of Borrower secared;�f�;,this ,
<br /> . Security Instmmert.t7t�t�^s Bonos+ver nnd�.en8er agree to n�h�r t�ms o�pn�citcnt.the,e umom►ts ahall bear interest froiti the . ;,,_
<br /> . date of disburs�n�;�[i'.�,t�e Notc sate anJ shall.he payabJe, wlth �ntere�t,u{�i�ro notice trom i.ei�er tn Qorrower reqatsting '�r.;i
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<br /> — 8:Nt'txrf�a�e i�uvrance.Tf t,�atcf�tequired mor4gage ina�rrnnre as a sondition pf n:akir,�,Ihe loan�ret1 b�t�t�q;��►ri�Y .
<br /> lnslrumetst, $orrowet sh�ll pay the�premiums req�l;red to nrxtttcai�the mortgage insuranc�cn eft�oet. Tf. far any_u�;��sG��the •
<br /> . mortgage insurance�?�Ymge required by L.ender i3tiszcs vr ceases to be in effect,Barrawer shall pay the��iums rt�'aited to
<br /> o6tain covetage sub:t�ustialty equiv�lent to the mongage insunnce previously in effect.at a oost substantiaily equivalent to the
<br /> - � rnst co�orrowe�01'{�1r�mortgage insur�nce prevtausly in effeft, from nn alternate moitgage insuret approve8 by Uer�du. It
<br /> substzntialf y equivale�z3•cnortgage 6����ance cov�ge is�not ava(1'�le.Borrower sh�ll pay to I.ender eash month a sum equa)to �
<br /> orte-tv:�fS�iti of the yea��;r.mong�,;w i�sr,urartce preaniom being pa��'�L�y Borrower when tho tnsurance covcr�gt lapsal or oeased to
<br />°� 6e in effect.Lender Wilt�ecept.'ose and retatn these payments as a loss �rserve in lieu of.mortgage insuranve. Loss reserve
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