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.., . . .,._,.,. .. r„ • , � �I . . � . �i y� , � ". .—_. ._ .__. . _ - �1 .� .. . �t!w�� .- �- — n , °l __ _. �_'. --,.. ...__�_ .. ._ _.'"'._ - _. . ___-�__.__-___ . - .. . „.. - .�._�_�...::..,.'_'. - __ - _-- ..._� - _' �.�� So.�w..._.:.. __..._._. .__ -`__ _ . _ __-___ � . .-. _ _ _'. _ .._ar� ,�.�.-_ �. . _�'__.__.__..._..__. _.... _'_'___-__�'_ `_ -._- -+-.+�'_nrw�.x__�. .-_"_i� .,_ . 9b— �,066�9� � 4. Fire. Fload and Othdr N�aud Iasurance.Borrower s1ui1 ineuro dl improvements on the Prnperty.whetbar now tn e�dstence or eubeequoutly eroatod�s�inRt anY hezarda�caeualdes.cad wntin8onctai,inoluaing tiro�for whtch L�tEcr tcquirta insuranx.Thla ttst�uraace sholl be meiatdaed is�the amouate aad for tho periods thae�etec�r�equifea. . Borcowar ehsil aleo tnsuro ell improvements on the Property,Whether aow�a eadatence ot eu�eequently es+eoted.seainat loae by i[ooda to the extaAt requirod by the Secrotuy.All lnsuran�e ahall be carried with campani�eppmved by Le�tder. The inaunnce polictcs and aay reuewils shaq be held by Leader aad shelt Inolude laes psyable clausee in favor oi,�ad ia a form accept�ble to.Lender. Iti ihe event of loaa,Bomower ehall�ve Lender Immedieto nottce by mail.I.eadar mny meke proof ot lass if not made promptly by Borrower. Eacb insuraace conap�ay cv�aceraad ls hareby authorized and diraatod w mske paymoat for s►�ch IoeB dtreatty w Laader,iastead ai to Horrower iad to L.eader lointly.All or aay part of the insuraace proceeds may be appliod by Lender.it ite optioa,e�tAer(a)to the reduattoa o!tha lndobtedness uader the Note ead thi$SeaurIty Instn�s�eat,first to any deltaquent amounts agplied ia tbe order In psragraph 3,and t!►en to prepayment oi prlaotpai�ar (b) to the tastoratioa or nspeir oi the dam�ge�d Properts►. AnY applicatioa o!the proceeds to the priuctpal elull not extaad or poetpone the due date of the moatbly paymes�ts ahtcb ere referred to Ia paraBnPh 2�or c}uagA the tmount of such paymaam.Any ezcase iasuranoe praceeda over an amounL ratuired to gay ell outetnnding indebtedne�under the Note aad thie Seaudty Insteumeat ahall be paid to tha andty IegaUy entitled thento. In the ovent oi foreclosura of thts SecurItir Iaetruaneat or other traaefer oi tide to the Property tttuE extia�uishea tho tadebtednese.ell rtght,title iad isterest ot Borrower ia�ad to insuruice policiae ia force s�all pe�to the purohaset. S.Occupancy,Preservsti�n,Maiatonaace en8 Protectioa oi tho Proporty:Hnnower'a I.oan Applic�tion.; Loa�eholda.Borrower shaU occupy,establish,ond use the Property es Borrowar's pr�acipsl residance withtn elity daya aiter tho n=ecutiva oi this Socuritq Inswmoat and shall contiaue to occupy the Property ea Aorroxer'a prlaaipal testdeace for at leaet nne qear atter tlia ds0e of occupaaay►.ualess the SecretarY deurm�nes thie requirement will cau�e vadue huds�ip ior Horrower.or wileas extenuating ctraumataaoas exiec which ue beyond Horrower's con�trol.Bomo�er eheit notifY i.eader o! aaq extenuat3pg cIrcumetences. Borrower ehall not coma►it w�ste or destroy. daea�8e or subetaati�illy cbenge the Pzaperty or allaw the Yroperty m detcriorau,r�sonsbto wear wd��ta1.Lbadsr s�say _ iuspect the Propertq it t,ho Propertyr ie yncant os abandonod or the loan is ia default.Loador maq take saeomble aotton �to protoat a�ad preserve such vu;aat or ebnadoaed Property.Borrower shall slso be ia dofautt ii Horrower.durIag the loaa appticstioa procese, gevo mstarielly false or inaccurato inforaaattoa or atetements to Lar►dcr(or idled to provid�o � Lendcr with aay materid iAtormation)iu coaaeotion wtth the losn evideaced by the Note.iacluding,but aot limitad to. rapres�atadona coa�xrniag Bonower's oxupancy of the Property ea e prlaoIpel i esideaco.If this Sxurlty Instrumeat is . on a le�aehAld,Bonower elv11 aomply with the provieione of the lease.lf Bormwer acquires fee title to the Propaty.the leasehald aad toe iitle shsU uot be mar�ed unless Leader agroea to the mergar ta wdtiag. 6. Chu=es to 8vrtower aad Proteetton oi I.ender's lt�shts la tho Property. Bortower she11 PsY �Il goverame�t�l or muatcIpl clurges. ttaes and irnpoelttane tt�at aro aot inalud�ed ta P�+Bi'+�Ph 2. Hono�ver shtU P�Y theee obli�attons on time dlrectly to the ettttty whiah ts owed the psymeat.Ii failure to pay would adversely aifect I.eudar's iatetest ia the Property�uPon Laader's reqvest Borrower shail pramptly turaish to Lendar readpta evl4eacing theeo paymants. If BorwMer fdls to md�o theee paymaats or the peymes►ts requirad bY•P�S�Pn 2,or fiils to por[ona any othor � coveaaate aad agreemen�amt�ined in thts Secudt� Iastrumeat,or there i��le�at ProceediaB that may aIQntiicantly ., atfeat Lender's righte in the Property(suah aa a��g i.,�ici�;�,�c�.;�o,��„�Ga,:wet€��c-t.-,�,:�,�t..:d z; mg�rlations),thaa Lander may do �ad psy wMuvur is aoceaearq to prateet tbe value ot the Pr�perty�ad Lead�r'a ri.8hte In the Propertq.includtng qYment oi tszea,hnzard insureace and.othar iten►s mendoaed tn peragrsPh 2. . Az►y amouats dieb•araed by Lendar uader this paragaph'shell ba:osno an addittoAal debt oi Bonower ead be eecuted by tl�is Securlty 7nsa'umesi�'I'heeo emouals ehall bear interest trom tihe date ai diebursemont�at the NoUo tate� end at the optioa of Landar.s1uU be immodintely due aud payable. 7. Condenaaatioa. The proceals ot any awa:d or claim for damegee,direct or conaequaatial,in connection�+ith aay coademnetinn or othar takiag of aayr p�rt oi the Property.or ior coaveyancx in p3aee oi coademnattoa�sro herebq , aseigned end ehnil be pid to Lendar ta the ertent oi the full amouat of the iudebtedaess that resaaias unpsid under the Note md thie Seourlty Iastrueneat.Leader shell apply such praceeda to the teductioa oi the�adebtcdne�s under tho Note aad tAis Security tnswment.Cuat to atqy deliaqueat emounta applted ia tho order provtded ia paregraph 3.and then to prepsymeat af princtpel.My�ppltcatton oi the proceeda w tha pdacipal sM11 aot ex�tead or postpone tbe due dgte of �1pQ1E► t��a� r.s�a�e e InittU��„� . _ �_-—__� — -- .. ---- - -�cwRLi.:.5.1�LT.�d.`J"r:��_��-