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„ ...-,-.,.,.-.�r-___ . . �.n�.. • ., .. .� ... �--- - _ .. ,m •tn ryw�Y.r.Th�4r. . . ' . ... - .._ .. ... .... . � .. . . .r s��.'�'�:�.1�:.yV:7h�. . -� ... ..... . .. . .. . ., .. - . — .._. _ _— .— - .._. �_ 95,:�.��6t��; !�. Huard or P�+uperty In�surwncc. Borrow�r shall kce,g�the lmprovementa now existing on c�rcAft�r crccted on thc Property inst�reG[��afoat toss by firc, huwrd.g included within the term "extended coverage`a�d any othcr hazaMs. including floc�ids or flaading. for whtci�Lerider cequlies insueanco.Ti�ia insur�nce sh�i be mnintained ln the amonnts and for ehe perioda __ that I.ender require�r.The lnsurance carrier providing ths insurance shall be chosen by Borrowcr subject to[.ender's approval , which shap not be unmASOnably w[thheld. If Bonower fails w maintai�covemge described nbove, l..endet may, ut l.ender's option.ol�win caverage to pmtxt Lender's rights in the Property 1n accordance with paragrc�ph 7. AII i��surance policies and renew�ls shnll bc ucceptable to Lcnder su►d shall Include a standard mortgnge clause. Lend¢r Rhall have the dght to huld thc policies und renewals.If Lender iequires. Horrower shell promptly�ive to Lender�lt receipts of paid premiums and renewul ttaQces.Iu the event of loss.Bomawer shull give prompt notice to the insurance carrier and Lender. I.ender may make proaf of loss if not made prompUy by Borrower. Unless Ixnder and Borrower otherwise agree In writ�ng,insurunce proceeds shall be applied to restoratton or repair of the Propecty damage�.if the restoratton or rep�ir ia economiccilly feasible und Ixnder's seewIty la not tessened.If the restoradon or ropatr is not economic�lly feasible or L.ender•s secur�ty wo�ld be lessened,the insuran,ce proceeda shall be aPP1Ied to tite sums secun�d by this 5ecurity Iristrumcrt. wheiher or not then daa, with aay excess paid to Borrower. If Bonower abandons the ProporRy.or does not answer within 30 daya a notice from Lender that the lnsurance canier has offered to settle a clalm, thoa Lender may collect the insuraace proceeda. I.ender may use the pmceeda to repalr or restore the Fropeity or to �ay Fums secured by thia Secudry Instrument,whether or not then due.The30�day pedcxt wili begin when the notice is$iven. Ualess Leader and Hortower othctwisa sgrce in wrldng.any applicatton of procee�s to principal shall +�ot extend or postpone the d�ee date of the manthly payments referrcd to in puagraphs l ru►d 2 or chnnge the amount of the payments.If under parugraph 21 the Property is acqu�red by I.ender.Bocrower's dght to any insurance policies and proceeds resultiag fiom damage to the Property prIor to the saquisition shall pass to Lender to the extent of the sums secwed by tbis Security Insuuraent immcdiatcly pdor w the acquieition. 6.OccupAncy,Preservation,Melatenance aad Pe+utection of the Property;Borrow�er's Luan AppUcAUon;I.e�elroide. Borrnwer shall occupy,establish.snd use the Property es Borrower.'s principal resldence within s�xty days after the execudon of � this Secur�ty Instrument and shell continue w occupy the Properry as Borrower's principal reaideace for at I�ast one ytu after ; the date of occupancy.unless I.end�r otherwise agrees in wrlting,wh3ch consent shall oot be uare,t�onably wlthheld,or uNess ( eatemiating clnvmstances exist which are beyond Horroweris carnrol. Bor,rowe,r shaU not daii�y. da�ag� sx'da�' s&e °- Property. allow thc Peoperty to deteriorate, or commit wasu an the Property. Borrower shall ba in defaWt if any fodeitura ' action or prae�oding, whether civll ar cdminal.is begun that in I.ender's good faith juAgment could result in farfeitur�4�f the Property.or othorwise materlaUy impair the lien created by this Socudty Insttument or Lender's secur�ry interess.Borrnwer�y cure such a d'efault end reinstate. as provided in paragraph 18,by cavsin�the action or proceeding to be dismissod with"e,�ulin8 thet, in Lrnder's good faith deteiminadon, pre�ludes forfeiturc of the Hormwer's interest in the Property or other materlal �impaimxnt af tbe lien created by this Se„wrlry Insuument or Lender's secutity interest. Boreower adalY uf�o bo im det�ult if Borrower.during the loan app(tcudo�process.gave materially false or Irsaccurate infurnoatipn or statements to T.ender(or fallal W pmvIde I.ender with any matarlal infarmation)in connecdon with the loaa evidectced by t�e Note. including.but not Itmiud � to;representations eonamtng Borrower's occupaacy of the Froperty as a princtpal resfdence.If this Security Instiument ia on a . leasehold, Borrower shall comply with ali the provtsions of the leabe. If Borrower acqufres fee title to the Property. the . leaselwld and the fa tide ahali rtot merge unless Lender agras to the merger in wddng. . , 7.Peotcetbn of Landa's Aighia ta the Property.If Borrower faiis w perfomi the cavenan�s end agreemems conteincxi hn tGis Savrlty Instrument.or there is a legal pmc,eoding that may sigaificaudy affert.Ixnd�;Y's rights in tbe Pro}�erty(such as a ptviceeding in banlauptcy,probau,for�.ondemnution or forfeiture or to enforce lawa or reg�lations),then Lender may dt�aad � pay for whauver is necessary ta protecc the value of the Propeny and Lender's rights in the Property. I.ender's actions may include paying any sums secured by a lien which t�as pdariry over this Sewrity tnstiumet►t. aPPearin8 �n o°�� Payfng . reasoneblo attomeys'fas and en4ering on the Property to make repairs. Although Lender may take action under this paragrapb � 7.I.ender Qoes aot havo to do so. 1 My amounts disbursaS by Lender under thia paragraph 7 shell become additionat debt of Borruwer secured by t6is � Secudry Instrument. Un(ess Borrower and Lender egree to other terms of payment.these amouncs shall bear interest from the date of disbucsement at tha Note rate and shall be payable. with interest, upon notice from I.ender to Borrower requesring payment. '� 8.Moetgagc Insw�ta.If Londer required mortgage insurance as a oondition of making the loan secured by this Secwiry Instrument, Borrower shall pay the pmmlums required to maintein the mortgago inswgnce in effect. If. for any reason.the mortgage insurana oovcrege required by Lender lapses or cease�to be in effect.Horrower shall pay the,premlluns requ{red to obtafn ooverage substantfally equivulent to the mortgage insnranoe previously In effect.at u cost substantially equtvalent to the cost tq Borrower of the morrgage[nsurance previously in effect, from an alternate mortgage insarer app�ved by L.ender.If substentially equivalent mortgage insurence covernge is not availabie,�orrower shall pay to irender each month a sum eq,uai to one-twelfth of the yeurly mortgage inaurance premtum boing paid by Borrower when the insurance ooverage tapsed or ceased to - be in effect. Lender will accept. use rind retain these payments as a loss reserve in lieu of mortgage insurance. Loss reserve . ' Form 30Y8 9180 � Pepe!of 6 � � _ — _ _