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<br /> ' : ~:..�',':£ -., S. E�rd ar Peo�¢y �mau�e. Borrotver shall keep the improvements uaw e g or here:after erected on the _
<br />--�.��,"` . Propezty insured against tass by fire.iha�rds ineiuded withiii the tenn "exte¢ded mverage"and any othes hazards, inslicccfi,ng .
<br /> � • �toods or flooding.for�vhich Y.ender.t�quires it�surance.'This insuraace shall b€uRaintained in the am.ounts and far tAe petiods -
<br /> _ _ , --;;'`tF'',`�y`"`- , that i,gnder�equQes. The ins�uance c�rier p�vid'iag the 6muance shatl 6e chosen by gaamwer snb,�ect w.t.eacSer s appruvai =
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<br /> ��.��;�.•��. , which shal!c�ot be unreasonabiy withhe[d. If Bomn�r•er Faiis to maintaia coverage desccited above. Iander may,at Lender's -
<br />�.�. 4.�*--"�= optian.ohtain rxiverage w protect Leader's rights in the Froperty in ac�o;datue with paragraph?..
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<br />--` °--�`=,. •---— .._ -_ •f[il iasur�se goSieiss a�3 renewals shaii oe�cepfable io-�er a�sinii ittci�a a sCaittlac�r.witgdge ctatc�. i.ea+der- _
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<br /> _ • ' �+.,; shall hav�z the right to Qotd the poticies and renearals.If l.euder requires,Bercor�r sha,U promptIy give to l.ender all ctixei�is of
<br /> �'``� ' � ' , paid p:emiums rutd�enewal aoti�es.In the event of Ioss.Borto�ver slrail give Rmmpt rtotice to the insuranx carrier and�ender.
<br /> �::�..... . .�'.-
<br /> - =��;r;�,:-. . _ ' ixnder may make psoof of loss if not made promptfy by Borcower. � ' ,
<br /> .�'Y `,�•;��• . Unless Lender an�Eorruwer atiierarise agree in writing,� pmaee�s sflall 6e appli�to r�smiation or cepau�oF tb�
<br /> �,4, „ �n iranec•
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<br />_ .�;�#,.,_ Fropzity darnaged,if the cestaration or repair is eiaonomicatly feasible aad Lender's sec�rity is nat[essen�. If the res:oraiion oh
<br /> •'.'..,;.:;;'_��` repair is rtot e�onoa►ically feas�'b2e ar Lender's security woutd be[essened the insuiauce pinoeeds s6si1 be applieci tv�t�e snms
<br /> - ��` �;..�,��;: ' secu�d by this Sec�mty IaSUUment, whethes or aat tl�n due,with any excess paid to�oirower. If Borrower abandons.the
<br /> >.�.�.='•: ... .
<br /> -{'r,�.;�:i;-..'�, Prqperty.oz does noi ansvier wiihin 30 days a aotice froai Lender t6at the ins�uanoe catrier has offered to settle a ctaim,thet�
<br /> ' , .� ' Z.ender may colIea the insnrarcce proceeds. Lender may ase ehe pr�aeeds to teQair or restare the�roperty�or to pay stim.'s
<br />-� ' � seaued by this Security Instiunaedt,�vhEftier arr nnt then dne.The 34day period will begn when tAe wYice is give� .
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<br /> -- Uniess Lender aad Eotrower otheTwise u �n aritin aa �
<br /> , ...:. �,' S; Y aPPli�n of pmoeeds to prineipal shalt aat extend or
<br /> �:°.` :�::.'U..". :�� .--. ....�.-post�ione[he due aate�o�ttie mon�hZy pay�nts;ri�9'J��ed io Tn paiagiap�is�T ana-2 or c�tian�e"t��a�oiiut�of�e pay�eafs.'If. ._,... ._
<br /> ` ;�;:;r�:�>,.�;r-`c .,under paiag�aph 21 the Pioperty is acqui�ed.by L�.Bomower's rigQt to any insurance pc,lisies aa�pme�s tesWtiq$from •
<br /> �ti-'_"'�``'=4'*. , damage to the�tnperty prior to the acquisition s1��jtass to Leader w chQ extent of the sums se�tred by this Securiry Insuument
<br /> ��,a��. • ' °` � imunediately prior to the acquisition. . � ` .
<br /> - ro ;�..,._,�..:� � :'.....6.O�Paaes'.PreservaLtan,Mainien�ee a�itf:�tvte�ion of the Progerty;�ormwer'c l.�n App�icatioa;Leasetto4ds. . �
<br /> , ',,ri�;;;��,. Eonow�r sl�all accupy.establish.aad nse the Pmpr.tiy as Borrower's principal#esideuce wittin sixty days after tIle execvtion of
<br />- '•�y:.�•'«,-.--'� —_ '--ttlis S�l!*J_�±IDctmman�anA chall�wnrin�ie tn�rn�t�ap��sa:�iac$nrenwer'&�r!uL�'t�na{rPCi�jp.nce fnr at leact i���aar� -
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<br /> _ . •.�t;;�;�, thedate of aocapancy.unlcss Lender athemrise agtees in cvntin�;}vtuch oonsent sbaU not 6e unre�nably withhetd.or unl�s
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<br /> =t�:-��;� ., ;•;. . . , extenuating circvmstaaoes exist wtudt;su�e bGyond Bonroaer'�`canuol. Borrower shall not destivy. damage�impair tlte ,
<br /> ._'°��~,^•: .:'. � ProPerty,allow the Praperty to det�fo�ate, er.coaunis�waste on�the Pruperty.Borrower shall be in defaiilt ef anp forfeit�ue
<br /> _' ''•"'�"'�''" `' a�ction or praceeding,whether civil or criminal,is�fs��*►sn that in L,,nder's good faith.judgment coutd resuit ia forfeituCe of tIIe '
<br /> � _,� , �s� Property ar othenvise m►q�cially imgau the lien ct�by ttis Seauiry Insnvment or L�nder's s�auity int�e�est.Sorrower�ay.�
<br /> • '� f�E i�''=•` � ta�re suett,.�.rizfault and reinstate.as m��ad in H 18,b �asin the acrion or tnceeding to Ine dismissed�rith a
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<br /> �, that.in Ir�er's good faith�determirn#i� pr�cl�es forfeit�ue a�t�e Borroxei s interesE ig the Property ar aNea mateaial
<br />- ����'. � impatrme�i�of the lien created by ttis 5�curity Ins.Ix�ent er L`ender's se�uity intecest. Borcower shall a1so be in default if
<br />�,�,,,,��.,;, . Bomawer,duriag the toan applicarion proces�.gave.tt��rialiy false or inaccurute informaLion or state�nts t4 l.eude�(Qr failed
<br />�r C, �'; .: ; ta pmvide Leader.with any material informatian)in connection with the loan evidenced by We Note,incl�ina,but aut limite� .
<br /> � to.representations wnceming Borrower's occupancy of'tAe PropGrty as a principal resideace.[f ttris Security Instn�msnt is oa a
<br /> � •
<br /> - Ieasehold, Barrower shaU oomply 4vith sU,the provisioas of the lease. If Bortower ac•quires fee titIe to the Pioperty. the�
<br /> _ -�-��,_- tea�tofci�d ti��title sh�i atat e�ies"s tv e�re er . — -- - �
<br /> sj meig. I.e�'ag�s merg m�vri�S•
<br /> . ., :7.Aated�u ot Leader's Rig�is icfi We�ro�t:�df Burrower faits to perC�tm the cavenants and agreeutents coatainecf ia
<br />-- ,. .this Security rn �men*�or there is a legal pmceixiitt�.�at may signifirantly isffect 1.�Qer's ri�ts in the Properiy Lsucb as s
<br /> �� proceeding in bankrupt�y,tirobate.for candemnati�'or forfeitum�r ta enforce faw's ar regalation's), tbea lender may do and
<br />��•� pay for wh�wer is neoessary to protect ihe value of the Ptopettg and Lender's rights in t�e'Propeitjr.Lender's actions may
<br /> -� inctude paying any swr�s secured by a Gen w6idi�has priority over tius Securiry Instrument, appearing in couat. payin$
<br /> . �ieasonable attomeys'fees and entering on the Pma�tt�.to maks;epairs.Aithou�Y,ender map take sctiva under this QaragraaR
<br />�., �� � • ' y.Leader does not have to da so. . ' . . .
<br /> Any amnuats disbuised by 18ttder uitdsr d�,�rsagraph �,shall become edditional de6t of Bom�wer se�ced by this
<br /> - • • Security Instrument. Unless Borrower�s�t L.ender agree to othcr f�ms of payment,titese araounts shait t+eaz interest from the ,
<br /> • date of disbussemeni at the Note rate nzrd shal{bs paysble,�v�it�a interest, upon Qodce frata Lender ta Boirower requating =
<br /> payment. . . -
<br />� , � 8.141o�tg�ge r��+�+�+�.If Lender re�uired r�mitgage insurauce as a condition of cnaking the toan secvred by this S�uit� —
<br /> � Instrumsnt; Barrower shall pay the ptemiums reqvired to mait,tain.the mortgage instuanre in effect. If. for aqy reason. tfle
<br />-�� , ' mortgage in�ur•inoe cmverage required,by I.ender tapses or ceas�rcx be in effect,Borrower shalt pay the premiums reqnired tn
<br /> - -� -� obtain coverage snbstanrially eqnivatent.to the mortgage iasuranC��revionsty in effert.at a cost subsiantially equivalent to the
<br />'`�a:�.�,;�;_.�:.�-° .
<br />�'�"�,..� }�: cost to Borrotiver of the mortgage insmance previously in effect, from an attemaze�ortgage insurer a�provad by isader. If
<br /> �,�,,,.� , substantialty cquivaient mortgage inswance cavera�is uat availalste,Borrov�e�shail pay to Lzuder eazh month a sum equa!to
<br /> 7'°'�`.V,, one-twetfth of ttie yearly mortgage insurance premnun treing paid Dy Horrower when the iuswarcce coverage tapsed or ceased to
<br /> i`�'�'���.'� ° be in effect.Lertder wiU pay gage insurance.'Loss reserve
<br /> , �• accept.use and retain tBese utents as a lass resesve in lieu of �ort
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