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<br /> _';�,�:` �'< _�._ 5. Hat�z+d or Hn�rty ta4an�eace. Borrower �hai1 iceep the in►pmvemaus now existing or hereafcer erectod on the �;�;_`;
<br /> �� .� � Progctt�r insured against toss by fae. haiards i�cludeQ within the term°exteaded covecage" and 3uy oth�haza�ds,induding s
<br /> .°` , uE� ttunda�r i2n6ding.for wRich t,ernder requi:+es insuraace.Tbis insur�toe shap Ise ma'stttained ia the amou�and for the periuds ' ;
<br /> "t �=;:�"s`�f:>: that f�sder requires. 'Rte insutence catrier provid'mg the insuranre shall be chosen by Borrower subjncc w Lc7►der's approval • <,r r��
<br /> < �.��.:_.....:.: _ :=
<br />:.<°.`.. ,�.�•. Hhlch s�w1!nut be unreasot�ably withiteld. [f Aorcower fails to mainmia ooverage Qescribed above.Len�ter may. at Leader's " . .
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<br /> _ . ;"ti:..<°. aytloa,oDtain wverage t@ Rmtect irnder's rights in the Property in accor�danoe with paragiapb 7. r,:��:;
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<br /> ..� .��`,:r , Al1 iri.�tt�enoe poUctes und reuewals sh�ll tse aooeptable w Lender and shall inctude a staudard martgage clanse. L�sder ����.-;F
<br /> '+,.s.:�_"�,F :..,`f'`•' shall havc th¢right 4o hatd the pofisies attd reacwals.�f Lender requires. Borrower shall pmmptly give to Lender atl receipts of ` �`.
<br /> «�.
<br /> _ patd prcmtnms and rentwsil notices.In the event ot loss.Borrower shail givc prompt notice to the insurancc carreer and I.eader. ��
<br /> ` :-� -- Le�et ruay ma�e�f of lo�.s if no�made P�mD�hl by Bomawer. -��
<br /> ° ' Unlcss Lc�nder sind Botmwer atl�etwise ag�se ut wciting.insurance pmceeds shall be applied w testoration or repair of the ,E�
<br />`�°�<'�°��� (�ro da if the cestorauon or r is economically feas�ble and Lender's security is not lessened.If the restora�on or �-: :`
<br /> - Y:� A�Y �•� �P� �,��.:
<br /> . .`'•A ; rep a ir i�n a t ero n a m t c a l t y f e a c i b l e o r L.e n d e r's s e c n r i t y w autd be l�ed.the inwrance pmoeeds sl�ail be applied to the sums �°��:
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<br /> �,., , � acattesf 6y this Secttdty instrument. cuhether or nnt thea due.witb mry e�ccess paid to Borrower.If Bomnwer abaadons the -.-z.
<br /> �.::�„::•: .:�.`��;-::�� ProrieRy.�tt daes nat enswer within 30 days a notioe from Ixnder that We i���•aras canier has offered to scttie a claim. Ehen -
<br />:;,.;����� .;�;� '� ��'t Lendet tnaY ra!lcrt the insurmtoe praoe�. Lender may use the pmceedg to repair or restore the Property or to pay sums .`;:�'��:
<br /> � , 'r•,� :t��:.
<br /> accu�A by thia Sc�vmy lnsuumeni.whether or aoi then due.The 30-day periad will begin when the norice is given.
<br /> ..�.•�;.�.<� Unlcss L�cuudcr aM Borrower otherwise agcae in arriting,aaY aPPlication of pmceeds w principal s6al1 not extend or :_�`'._<_
<br /> . 0
<br /> - } :Y pastporte the Que date oi�he momhiy payme�tts refersed to in paragraptis 1 and 2 or change the amount of the payments.If i�
<br /> �:� - = ut��t p��h�!ehe Propetty ic�cquired�y Lender.Botroaer's siglst ta any irsuraieoe poHcees and proQaedis resuhing from "
<br /> '�:r'':_ '``_ '`<:t� danage w tfiee ProFertY Prior to the acquisit�an shall pass ta Lender to the extent of the sums secured by this Secarity lnsuumeat
<br /> :�"����.� . :<<r:� immrdiatety prior ta tke acquisition. �i�;,.�`
<br /> :L; - '•R 4`°" 6.Q+ecv�tcY.Rrese�'ation.Mainteaance and R+ntectfon aP t�e Pt+nperty;Borrower's Losn AppltcatEon,I.easehalds. ,.�:_
<br /> --_-_.:;,:,_'.`;'�_���;�= Qotrowc�shAl!oocupy,estuDlish,and�se the 1'roperty as Bosrower's prinapal resideace aritlgn sixty days after the executioa of � ``�,_'_.:
<br /> �7.+r� � thls Sccur�ty instrument and ahall cominue to accupy the Property as Borrower's p:incipal residence for ai least one year� ._
<br /> ��`_:.;Y`:_u.,:� -, thC date of ocrupancy.uniess Lender otkenvise agrees in writing.wluch oonsent sGail not be uamasoaabty witi�hetd.ar w�tess '�;`;•
<br /> .. .:r, � y�t�� e+ttenuating ciccumstnnces exist whfch are beyond Borrower's camrol. Bomower shall not desuoy, d a m a ge or impait t T t e
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<br /> ,;�..�;�.;,, _'�.;.,g. Ptc►peRy. nitnw ttte Ptapetty ta deteriorate. or oammit waste on tha Property. Borrower shall be in default if any forfeiwre
<br /> � �..,.. aethm or prneeeding.tvhether eivi{or criminal.is 6egun that in Lendes's goat faith,{udgmeui contd r�suit in fotfeitare of the
<br /> � . . pmpecty or olhetwiso materialty impair the IIen created by this Seauity Lutrument or i.ender's secvdty iatens�Bonoaer may
<br /> •- `,��-.-�_,:��- cure such a dePqute tu�4 reimtute.s�s provldod in paragrap618.by causing tbe acdon or pmoeeding W be dism�ssed witb a mling -.�"
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<br /> `: �Y��. ' tt�nl. in l.e�tder'a gaad faith dttemttaatlan. Prectudes forfeitme of the Borrower's inte�st ur the Praperiy ar other maderial ��,<.
<br /> '`�';' � lmpairmem af 1he Iten crratrd by thLc Secudry instrumem as l.ender's secvrity interest.Banawer s6all aiso be iu default if
<br /> u t►er dud tho loan licatlon racess, ve materially falr,�ar inaacurate iatarraasion or statements W I.ender(or faited �4`
<br /> `�` �`' H tro .
<br /> :..�:,�;.��.�'_' ,��.� �8 aPD D Ba �`LL-
<br /> ' ��- '''� � to p�ovide t�tsder with eny�terlal information)in connect�an with the loan evidenced by We Note.inctudjng,bat not l i m i t e d
<br /> ... +:r•.':�.o .�-,.' . . �.�..y�:
<br /> to.trArCSentatlats cancemiag Borrower's occupancy of the Froperty as a principal resideaoe.If tdis Securlty Iastn�meat is aa$ ;<-.
<br /> -- :_ icuschntd, Botrowct sh�l1 comp{y with e!! the pmvislans af the lease. IP��Eosrower acquires fee title to the Property, the ` -
<br /> �:, ``" Itasehnl�und ihc la t�de shnlf not merge uNess l.ender ag�es to the merger in writing. �
<br /> ��
<br /> �;, ���,`�.,. .�:;E • 7.Pe'otection ot 4eade�'e Rlg6ts in the i�+o�rty.If Bor�owes fails to perform the covenaats and ags�utems contaitrcd in �__� .
<br /> . thfs SCCUttty I�tsttumeru.or there is a tegat pmceedlag that may significaady affect l.eader's rigbts in the PropetSS►(such as a : , �Et:��"
<br /> '.�'�r;'.��`.r:.:��.'°::�` ptoeeeding in bmJ�ncptcy.pmbate.for condemr�eetion or fodeique ar to eafar�laws or regntations).ih�Leader may do and
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<br /> ..'``,;':•_°-,;, ;, • •paY tar tvhutevet i�ncccssnry to pratect the vahle af the Fnoperty and Leadea's rlghts in We Praperty. I.ender's acdoas may =.'_
<br /> , ` 4�:' inctuQn p�ying any �trt�.s eecured bY a liea whtch has prtadry civer �is Secnrity In.mameat, aPPe�mg in oowt. payiag r�--
<br /> _ , .. j ,,°� teatannblo attameys'fces and enteriag on the Pcoperty to matce repairs. Althougb Lender may tage acrFon nmd�this�b . ---
<br /> �' 7,I.�n�er dacg nm havo ta do so. � -
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<br /> .._._., �,:_..,, Any anaunte di�6ur�ed �y �ender under thls paregraDh T shall be¢osne addiNonal debt of Bonewer savred by tl�s --
<br /> :�;;`�;;-.: `; Stcu�iry Uutntmenl. Untes�Bottower nnd LenQer ugrec co ather tenn9 of paym,ent,these amounts s6aU 6ear interest froa�tbe �:--
<br /> �!�'°_
<br /> QutO af dts�uncmctu at tho Nate rstte artd slw11 be payable. with iateresb upon notice from Lendec to Barrower reqaesdng <<.�
<br /> : t;` ' �� . paymcn�. � � ' � _
<br /> ,, �.� . 8.Atart�v Inmtaace.it Lcndcr reqelced mnrtga�e iasuranse as a oonditioa of u�aldng the loan secured by thls Semtity �Y :
<br /> _�,h;.;;� tn�ttument. Unrrowc��hatl p�y cho premium+required to maintain the mortgage insurance in effect. �f.far a.ny reason.@►e ;
<br /> = nttstt�{qgc�Insutunco a►vemgo required by Lender lapses or aeases w 6o in effect.8orrower shall�ay the premiums mqnired to ;;;�;
<br /> ����-� ,`���: �� � abtAtn cv�v�eraBo eubalandsilty cquivalent cc+tha mor�e insurance previausly in effesa.u a cust substantially equivalens w 8ze �':.--
<br /> cas!ta Qatru�ti�er nf 1ho mattga�{o iasutance yreviously in effect. fmm an altemate mortgaga insnree a�yrov��y l.ender. Ig �
<br /> �;. i :� �ubstpnibi�ty equfvdtem tttottgage insumttco coversige is no�avaitable.Hosrowee ahall pay to l,ender each a�o�h a sum eqnal ta ���_'
<br /> •=`��—�_:=��;�-�=�s nnn�tWO_!Qh ot�y�iy m�rtgage iasumnw prcmlum 6cing paid by Bormwer when the iasurance aoverage lapsed or ceasod w
<br /> . . '�- •�- � - �- bC In CtPcc1,l.cndcr wfll acc ort8a8 �'W!
<br /> cpl.uso and tetnin thcse paymcnts as a toss reserve in lieu of in e jnsvrance. Loss reserve ��:,
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