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<br /> S. Ha�rd�Proge►3y Insurance. Boa�ourer sh�lt k�the improvemsrtts uow existing or 6ereaRer e�sted on the
<br /> ' pres�erty insured a'p,�inst toss bp�i�e,i�aTards ir.cdaded within dte term°exten4ed aoverage's�nd aay other L�s. iactnding . -
<br /> flvods or ftaoding,for which Len�er re�uites intt�raa�.�'�is insisranse s2tall be saaintair.ed In tbe nmauats mcd fer the pgriads
<br /> that l.ender requirrs.�insu:anCa rarricr provIdi.ng the easurar�^e s�al1 6e chosen 6y Borto�ver enbjecx to Lender's appmvai
<br />' - ��hich sEta!4�?be uisre�-�onably.wi�d. If Bonower fails to maintain goveragc describe�above. �-r�ay. ut Lender's
<br /> uptiaa,obtain cove�ige to pratect Leader's r�staf�in tha 1�ropertyr in a�sa��e vr:i��-���5 7. - .-- - � ._-.=
<br /> All crosurance polid�es.aad rens�wats si�all be�sreptable Eo Len�r and.st�all iaclude a standard mortgage clause. Lend$r �
<br /> s�alE�ave the right w iioid t�palicies�rs�.w�.If t e�r�(uir�s•Bartuwet shall promgtlp�ve m Lender all receipts of ._
<br /> � paid prem�ms and reaearal a�oaoes.in the evem of Ioss,Bottp�+i++er sYtaall fiive pmmpt aofice to the ir{ssurance carrier und Lend°r•
<br /> Lender may m�tae praof of loss if nbt made gmmpily 6y Bmrrower.
<br /> �� �Jnless Leader ead Borro�ver oti�erwise ugree in writiug�ins�tta�pracx�s s6all be appfied tQ restoratlon�or repair of the
<br /> . :;- �rvpescy d�mag@d.if t6e�sfttra2ion or Fepair is econom4cadly€easibie and I.ender's securitY is mai t�scened.If the trsturea�on ar
<br /> . � repa.ir•�,s;not;eaQnomicaliy��asible or Leader's security waWd @e tesseIIed.die iasurance pioceceds sha11 i�e'appliad tv the sams
<br /> ' se�u�d�:bp.?�is Security Insuvment,whetber ar not thcai d¢e,vrith aay excess pald fo Borrower. If Borrower abandans the
<br />: Propert�,or does not answer wIthin 30 days a notice from Lender that the ansuranoe caaier:.lu�s offered to seaie a c2aim,then
<br /> Lender may colled the�nfl,*a�pmce�ds. Y.eader may use the proceeds w repir or`restore the Property or w pay s�ms
<br /> �• secare�6Y this SeturiEY Ins�u�nt,whe,tt�.��not then due.'The 3Qday per3od arill begin wlien ttie no�ue is giveA:
<br /> , � Unless Leader aud Borrow�r.a�.���in w�i6ag, �nY aPL�'�on of pmceerls ta prias�pat a6a�; nat exfend or
<br /> Qosqwne t�e:due date of thr��1�:�,�nts referred to ia parag�a[��s:;�_.�Rd 2 or change the amount of the payments- If
<br /> uadc�t�rsgcaph Zl the Fmperiy�s��bY.�er,Bortower's t�gTit:.tts:'f�ty,%��policies and praoeeds resulting from
<br /> d���a tfse Pra�cay prior to tfoe acqnisittarr.�shall pu,u to 1.ender tv 11��YYti�t a�f`t��"secar�t t}g!his�CarIty�� ,
<br /> 'x rzrr�l�Y P�eo the acquisiaon. . :, . . �. � � _ < < :
<br /> �-�.',�: ' r�,��,P►+eservatfo�,Mat�a4�and Piotecdoa of theL�ty,Barrow�s��itcat�an;Leas�old�. �. ':
<br /> • ` '' msideace crrithin si.xty i�ps atier ihe ex�on qr��;�.': .
<br /> ' �i�3ia�i.r sAaII ocaipy.c�tablisb�,ana us.°,the�ioperiy as Boreawer's pri*�^.`.�? i�.
<br /> thjs::�ty Inst�ument and shall o4�inue to occuPY tk�e Property as Bor�wer's prindpal residenoe for ai tPast one year 3�ft�r'
<br /> . � . th��of ac�pancy,oi�less Lesider atherwise agrees in vrtiting,wbich consent saalt�ar be�asonaist9 withhetd,or a�l�.��,,
<br /> eafenuating•ci�cumstances exisE'wlricS are$eY�nd Borrawer's coatml. Sa�+er st�ll aot de�oy,da�ge or imp�t�i;�,;•
<br /> Propertyr,�Ilaw tha�raperty to deteriorats.c�s comm�ft waste on the Pre-�ctq. Borrower sP�aall be in defaatt if aay forfeita�
<br /> asticit,tsir pr�i�tg,.whethez c'sui1.or crimival,�is begun�hat ia Leader's gaod faith ludgcnent canld msult.'�n,foife�itm oY the
<br /> . Pra�`�p�o3 otherarise materiatF�;':�'rr.:�dr the fie�created by this Security Instrament a��der's serurity�ateresi��t�?'i�k?cswer may :
<br /> q�n„�:����dePauIt a�reinsiaiz�'�ii�s�ovfded'an paragraph t8;:�y c�sing the action v��ng w be dismiss�k;���i a taling .
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<br /> tbat,.�i:`Lender's good�faith Qefeidttination.'�^�lndes farfeeCoqre of the Borrower's��attnst in the Ptaperty or a�e3 ruaterial ' �
<br /> '+��;inent of the lien cr�ated by this Secmrae}`fi�s�ument ar Leader's se�uriry interest. Borcower shall a�su b���t+'defanit if.
<br /> $o.,r�d,�`v,ei,.dbrtpg the lnan appiicntian.pmcess,gave materiallyr false or inaaauate infomiatiom or statements W I.,e�er(or failod
<br /> � tio p�'�i!��I�ender with aay material infaimation}ia cona�tioa with the taan evidenced by ttez Note.enduding,f�ii+.`t�ot timital
<br /> ` to.:repcesctttations wnceming Borrc�wwer's occupaACy of the Prapeaty►as a priIICipal residenre.If tbis Sa;usiitq Instrumenr is on a
<br /> � 1�asehotd, Borrower shall comply with all the pravisim�s af the lease. If Bosrower acquires fee 6tle tA the Pro�erty. the
<br /> � leaseBoid anci the fa tide ahall nat merge aniess Ixnder�agrces to the merger in writing. , � .
<br /> � ��.Protection oi LenQtr's�ts In the Property.If 9orrower fai2s to perfaim ttse cuVer�ants and agreements contained.in � '
<br /> � � tLis.�pcuriry Instsnrten�.or these Is,a•tegal proce�eding that may sig�iflcantly�ffect I�xder's rigIlts m�she�roperty (such an� '.
<br /> proct�iu�ing in 6anluuptey,p�.i,,'for condemnation or forfoiture or to enforoe laws w�r.rceegalations),thm Lendec:?i,�►Y do and _
<br /> MY t'oF whaterr:r,i�..t��'�:�iecc.tha�7+�ue of the Propeny and Lender's ri�l§�ia the Prope�ty. 3..ender's!n,5�f,ons maY
<br /> iach�ck payi��/��itts�s s�',�:by a #i .:�liich 6as priqrity over th�s.Securit3► Instmm�►t, appeatia8 �n court•�PaYin�:
<br /> a
<br /> rcasonable atto�^�'"'i'eq.�v}�t�7n8 on � 8taperiy to maice tepa}r� A�fe'dottg,}.i.Lr�der may take action under tfiis patigr�ts;�` .'
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<br /> 7.i:ender does not iu�ve w�,' r. t:. - �. .. �.,, �. ..,; �..���, . . . ,
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<br /> . Any amouats distiarse�:�Y�.�:�nder under ttds Pat�s�y?h�f�e1�. �Ame.�d+i�i' 's�;.! debt af Borrbw�r sau;ed bY t�is `•
<br /> � . Securiry Insteu.arr'�.+.t,�Unless�rizmwer and l.eader agree�ta trtlier�;bf.�pa�ment,t:i'�amoants ahaU brar.intenst from the ,
<br /> 'i:':•.: dafe of disburs�'t;.at tlfe Nou tate and si�ati be ptryable, w1�� i.;���d�'dpaa ssoli�frnm�..encler;�Aormwer re4uestiu$
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<br /> ' S..1V�►t7�+p1},�!E�rAaG�,I�,�.ernier required mortga�einsF[rav�e as�condiG��Rf t��naking[rte ioan sOCxi�cu��n�:�-�� - . .
<br /> In.str.G�',aeat, 8ai�c!wei sh�11 �'-4he premiatns reguired to�.a�ntain the uwrtgagu'l�ir�r�nce ln effea. If.,��?t�;i,�?�reason, tt�
<br /> mor�gage insuran�i�¢overage'}.�qvired by I.ender Iapses or oe�ses tq.be,i.�effect.BoYra.wer stuilt pay_th�Pre�iiw"':�requirod�eo
<br /> o6tain coveragrr.`iti�iir:fantially equivalent to the mortgage iasuranee y��i��,{��',�+in effect,at a cost srl.t�dk'n�'tialiy.oqui4alent to ti►� �
<br /> : � oost w Sorro�ri:�;si�.tjie mo�t�aage insutanoe pr�viously ia effe�. tit�ii�{:it��i2lt�tnate mortgage insif.-�c�t'xpprovai by l.eader. If
<br /> su6staatially e�uiv'wrk�t,tn+��{,ig,�'insurance couesage is not availabie,BotNawer S'aati;�'u.g!.ta Lender exh moDth�sum oqaal to
<br /> onatwelfth of the,y�y trst�a;qi�,e in.gur�oe pc�mic�t being paid by Borrower vnrYicii�t2t.�.�i�suiance wverage.la�ii;i�,r�ceased to �
<br /> be in effect.lznitcr,b+ill ecrept;use and retainthese payments as a loss.x�e�ve in''liji�t��;.Y moxtg,ege.insui�i►ce.Z�oss reserve
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