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<br /> .- 5. �a�rd oe Pe+nperty in�raaoe. Barmwer slrall keep the improverr►ents aow existing or he�eafter erected on the s"�-
<br /> "�<r�� k�_ prope�t�t insured egainst loss by ftt+e,h�ads included arithia the term °extended roveiage" and any othet da�ds.including � •
<br /> < �.. G . _:' ttoods nr Qoodiag,far whic6 Lender�ires inmranae.'Thig insuiaace slmlt be mainFainod isi the aznourts and t'or the pedods �;.
<br /> _ `:"'.;�:'• that Leader requires.'t9�e i�surance carrier providing the iasuranse s h a l l be c h o s e n by Bo r r n w e r s u b j e c t t o L�n d c r's a p p t o v a t :,h,,-:
<br /> `;``�``�'• '~`''- wdich s6a11 not be u�so�bly withhetd if Bocrower fails w maintain ooveruge de.s�'ibed above. L.ender may. at I,euder's ::,�;:°
<br /> �`';��:,:z.�. •>: � .
<br /> option.oExaiu wverage to pratea Lender's rigt�t.s ia the Br�pesty in acooidance with pm�agrap '``':
<br /> `•;�z•�:�:::: ����� h 7. .���M1
<br /> -�-���•=F-;=;��' A!!ins�ttance policies an�ren�ea�ls r�dal! be acoeptabie to txnder aad shall iaclude a standard mortgage clause. Lender ;',�;'-;
<br /> . .�_«r�_ti,r> sball t�ave the right w bold the polic�es and�nearals.If[xnder mquires.Borrawer sfial!prnmPUY Sive w Lender all teceipts of ::`r£``:
<br /> •..:c' .`<-` oi .
<br /> _ •'`; ,_,.•+4: pa3d Premi�ns and nenewal notices.In the e�+ant af loss.Borrower shatl give prompt aotice to the incurance carrier aad Leader. � .
<br /> L ` -• i�eader tRay m�ce pmof of Mss if aoi made prompdy by Bomowes. 4 �'
<br /> _ �'�{�.� Unless le�er and Bor�awer otherwisc agree in wriung,iusutanoe ptaoeeds si�all be applied to restorarion or repair of the ��.,.:
<br /> ��`'{°-�=��'�c��-Y Fm ed.if We restoratinn or rqiair is economically feasibie and L�der s secarity is not lessened.If the resto�atiwt or `�-"`.;:
<br /> �,:�,:;_, ;�;:.�,:� P�Y� <��_::
<br /> •,,}:�..��r..�: �epair is nat econornically fea5ibte os Leader's security woWd be tessened.the insnrance prooee�s sha11 be applied to the saras ;:• `
<br />_ .`.--`....;`'�r.�< yecvmd by this Security lnstrnmeat,arhether or aot thea due.with�y eacess gaid to Bormwu. If Bomnwer abaadoac the
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<br /> �...., . _,.r•;��;y::. : property. or daes nflt ansarer within 30 days a noticx fro�l,aader ihat the insu:aace cxrrier has offered to seule a ciaim.Wea
<br /> , {,:�, �;' Leader may mllect the insar�moe pzoc�ds. Lender may nse the proceeds to r�a'v or restore the Pmperty or w paY s�ms ;
<br /> s�ured hy this S�vrity Yastrurneat,whether or not then dne.'tl�e 30�day period an11 begin whea the notioe is giva►. `:=
<br />, ;:`• ,°':%.;-°�; Untess Lender and Borrower otherwise agree io writing. at►Y application af proceeds to principal shall not extend ar
<br /> ;;':�r '�`:_, postpnne the due date of the monthty payments referrod to in paragiaphs 1 �d 2 or change the amoura of the payment�.U ,
<br /> S ��
<br /> :�`. ---�_:-:� undea ParagraPh 21 the Property is acquired by[xoder.Bom�wer�s rig6t to alry ir�arance poliaes aad psoceed�resu{6ng fraw ��;:;
<br />- �-- .v:�:. •
<br /> . --;t:;:�`:;x.c�_ damage to the ProP�Y Prior w the acqatsition shal!pass w l.eadcr to the extem af tbe sums secaaed by this Secarity lastraare,at _r,_'
<br />- - =:,E,:� ;�:�.�; i�mtediateiy prior to the a�x�uisition.
<br /> ' '"�-,� '°`,°�';`.` 6.Oewpan�y,P�ses�vattoH,Mat�nanee and PmietNon of t#e Fra�ty; Boreowez's Loan Appiic�an:I.easeholds-
<br /> - ����•�=��'="�`=�j Bosrower sEiall occupy.establisb,and usc the Property as Bnrcower's princigal resideaoe wit�in si�cty days aRer tbe e�an of ...
<br /> �`:�"'o-.�" .:_�._,... ,
<br /> .,. ��,.�;,';,-::.�. Wis 3ecurity ln�trameat and�all oo�¢e to actupy the Pcoperty as Bornower's principal residenoe for at I�ast one yeae after ,
<br /> �s-, :=-.•:- : L f. We date of ooaipancy.uniess I.ender atherwise agrees in writiag,which aoase�t sliafl not b�unre�nably withheld.or antess ,�:
<br /> .. .�.,_- �-
<br /> `;`':"-•: �:'-'•-:`: ea�naating c�r a u n�t a n c e s e� w h i c h a r e b e y a II d B o r r a w e r's comrol. Borrower s6aU not d e s t r o y. dacqage or i�air the
<br /> ♦ <'f.a.Y_,ar�'..a'•;f
<br /> . �•.:. ., 3�{t�.::`. Ptupe�ty. allow the Properry to dete�orate,or�t wagte on the Property. Sorcower s1�aU be in defanit if atry forfeitore
<br />. `����°�� �`�"`'� a�t ion or m c e e d i a w 6 e t h e r c i v i l o r c ri m i r�a l,i s 6 e g t u�t h a t i u L e t u t e r's g o o d f a i t h j�d g�t
<br /> o o u l d r e s a i i i n f a r f e i n u e o f t b e �<
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<br /> . . ,�z �:,� Prapetty or othe�a�ise materialfy impair the lien created by t h i s S e s u r ity I a s b n n a e n t or I.e n d e r's s e c u r i t y i n t c r e s t.B o r r u w e x m a y
<br /> caue such a deFauft and reinstate.as grovtded in paragrapb 18,by caasing the aqion ar prooaedhsg ta be diunisted with a rtillmg
<br /> ;�::y;�':;�::;,`;° �.
<br /> ..-f diat. ta Leuder's gaod faith dete�mination, Frectades forfeim�of the Borrower's interest in the Pmpecty or a t h e r m a t e r t a t =-
<br /> : `'::'���z:- impanmeut af the lie�c�eated by this Se�aritS►Insuamem or L�ender's sewrity �aterest. Botrowes s6a11 also be iA defantt if �-.
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<br /> ,�_'<�`t.:;. Homawer.dming the loan application proccss.gaee materialty false or ina�e informat�on or statcmeats w Leader(os faitod �J_:
<br /> � ,,':, ; :.., ...: w pmvide Lender with aay m�ater�al information)in oannec�on vuitb the loaz�evidenced by ttce Note,inclodiug,but aaE limited r.��
<br /> :� y to,cepreseatations con+urning Borrower's ooa�pamcy of the Pmpe�ty as a priffiipal residemee..If this Seauity Iastrament is on a �_�>
<br /> ':.� ' tease�oid. Borrower�shaII o o m p l y wIth aU the�ravisions af tke 1ea5e. If Borrower acqui�es fee tide�co 8se Propeiiy.tLe -
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<br /> r ::` +,` � leasehold sttul the fee tit2e sGaU not mer�e anless Lender agaees to the meager in writtog. � �'��•
<br /> � :`� 7.Fr+oteetton of Leudes's R t g N s ia the Y t�p e ri y.If Borrower fails w perform the ooveaa�rts aud agm�earts contained iai ,:
<br /> - ' =--'�''?'�: t�is Security Iustramen�or there is a tegal Di'ncee�ng that may significaatlY affect I.eadas's rtghts la the Prape�ty(sacb as a �-�
<br />"_ .`...,;.'";:'`�:°'' . proceediag in bantauptry.Pmbate. for condemnation or forfeituie or ta enforce tawa or regulet�ans}�thea lender may do and ��-=`=
<br /> �-�;�::., E .. �'.�'.-s_.
<br /> ';:� _f�..- pay for whatewer n necessazy w pmtect the value of the Fivperty and Lender's sIghts ia the Propeaty:Iender's$ttFoas may „f__.
<br /> .�-�-�,. ' , over this Securi In4uamert, ap�earta8.ia oourt. F$Y�S �---
<br /> :n",:,,:,�-:.,•:,:.:.�:, ittctude PaYtng m►J+ stuns secured by a lien wbich has Pri�Y �' _
<br /> �� �-�.:
<br />���., `:��•,.-. . :�: reasunab2e attameys'fees aud eatering an the ProQerty to make icpaAS.Atthaugh Lender may talce acdon Qader this;�h
<br /> ;� ,r.....`^ '., , 7.Lender dues not have,W do sa.
<br /> !_ ~° � � A�► amonnts disbuissed by.L�der under tiiis patagraPh 7 shall become addIttonal debt of Bornawer secared by th�s
<br /> ;,;•�;,. ,-~:�"���; Secarity�s�arnem. �Ti�ess Borrower and i.ender�ree W other terms of paymeAt,these aanoants sh�bear interese from the
<br /> � '�`'`i:;.'�f:i`=`�,�" date of disbursement at the Naie r�te aad shatl be payable. wIt6lnterest, opon not�ce from l.e.ader to Basrowes toqoest�ng
<br /> _ _ ,, .,;t.�y�
<br /> �._..;�,;,,:� r. D3YQlefll. •
<br /> -��.�:�;;�:.,,,_,; �.Mostg�ge It�uraace.If Lender nqai�d mortgage iasur�ce as a coadidan of making the lasa searr�d by tlils Se�artty _—_
<br /> ��•:_.Lh�1:'," ��.. �1
<br /> .-, � -.: : •,.. t-;--- tnsinunent.�Bonower si�all Da3►the Premiums required W malnta�n the tao�sge Insutattce in effect. If, far ar►y reason.the --=_
<br /> -- - �:;',`"<:���� mortgaga insfttettce canvetage reqolred by Leadet tapses or oeasea to be in ei�ect. Botmwer sdaU yay thB pi8miuuls reQuized to �
<br /> ;;.'.=r.:`>�:.'�'..... _- _'
<br /> ::: oMain ooverage snbstandally eqaiva2eM w the mmtgage iaa�usase previoasty ln eftect.at a wst snbstautialty equivateat to dta
<br /> ...�..•:� cast w Horroaer of the mortgage insurance previonsty in effa�.from an attemate mortgage iasurer approved Isy Lender. If . �•-
<br /> su6stanualll+equivatent martgage insurance coverage is nat avaulabte.Boaower shall pay to Lendee each�nomh a swn eqnal to �" '
<br /> '� •t' or ceaceA to � :
<br /> ..---,---.- :�_ o�e-tweiflh ot t�e pearly mustgage insuram�c pre�eiwn being paId�r Banuwcr wl�a►t2se iasurnt�ee coye�ge laFsed
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<br /> . � '"".� be in effect.Lender v�ritl accept.use and retain these payments a9 a loss r�ve in lien of mortgage insurance. Loss resenre �'`..
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