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<br /> S. fia� a� ��+ �..�rt�crr. �o[ro��er s44a3! Beep the improv�atents rtaw exlstiag or hereafter�reetai on the �x��
<br /> � �operty iusured ngain.st tass by fire, t�ards iezleded within tha term 'excendod rnvecage° and anp othes��rds, inctuding ��,;::+.
<br /> `:�:;, Aoods cr ttuo�ing.fos�vhich l.eaeder reauires in§urance•This insuraafe sha11 bc�intain�d in the amounts aa�for the perio�s �_�
<br /> thtt L�mder rquires. 'iY��it�surartcc carrier psoveding tlhe insumnc�sha�l Ce shas�n by @or,ro�ver subj�t t� Lcn�er's approval .--
<br /> '''' �vhic3t r�hali not be�nreasonzbly vvithheid. if Borra�cer fails to maintain coveragQ descrih�!above. L.eader n�ay. ut Lendec's �=-�
<br /> • aptinn.abt3in cnvera�e eo protcxt[xnder's rigdts in the Propertyf i�neoord�u�cc cvilh p.u�graph 7• =_-
<br /> �°', All insvraits�policies and rene�vals s➢��ll be a�ptable to LPS�r a� �1 insSude a s+.andard mnrt���e clause. l.ender - ..
<br /> st�aU Fi3ve the right tfl hold the paiicies aad renevlats.I4'1.Qnder�equirc�.�orm��er shap promptly give to Len�er n!l reteipis af �,
<br /> . �� . paid premiums a�xl mneirat nntices.In the event of loss.Eorrotiver s�all give prompt notice to the insurar►ce runer and Lender. _
<br />�'� [.enti�r may m2ke proof of loss if not m.de promptly by Borroiver.
<br /> �<_�:.
<br /> tJnless Lender and Borro�ver othenvise agr�in writing.in�uranoe pmceeds sh:ill hz applied to resturation ar�repair of the �r:
<br /> ptopstey damaged if tita mstoration or rcpnie is eaoaos�ically fcasils!$�Len�er's secrsrity�S not tesse�ed.If the r�,toration or �: ,-�._
<br /> nepair is not ecanaraically f�sibfle or Lendei s securiry would t�lessened.the ins►u�arice ps�a�ds shall he applie�to the surns �v
<br /> secured by this Secusiry Instnam�nt. �vBetheT or r�at ti�en due, �vith any exc�ss paid to Borrower. if�orro�ver abandons ti:e ___
<br /> Froperty.or does not answer within 30 days a notice from Lender tbnt the insuranoe carrier has offered to settle a claim.then _
<br />. I.ea�er may oollect the insuranr�praceecLs. Lensier may use the pmceQds eo se�air or restore the Property or to pay snrr�s
<br /> � secuzed by this Securits Instnunem.wtiether or nat then due.The 30-day p:riod will begin when the notise is given. -�
<br /> Unloss Leader and Earraw�r aiherwise agce in writing. anY apPlicatian of proce2ds to principal st�aU not extend or �:._..
<br /> _ postgone tha due dute ai the�ndnth{y payments referred to in paragraphs t and 2 or chan�e she amount of the p3yr�ts. If �`""'
<br /> under paragaph 21 the Piuperty is aoquired by E.ender,Borrow.,r's ri�ht to asiy insurance policics and prac�eds�suSiing from �y;;'��;
<br /> dama���m the Pro�erty prior to e&e aoquisition shuIl pas�to Lcnder to the er.tent of the sums serured by this�QCUrity pnsuument �"�
<br /> "�• h per
<br /> :L�.' im�intely priar te the ucquisition. �=-
<br /> , 1..,
<br /> ��Qh�upanc�,t?e�.se�+atfou,Maintenanoe and Prote�tlon[►Y the P�sgeatyt Borrower's Loan A.:pafiratI�.•;Lease�ot�c. .�=..T.
<br /> �5
<br /> Bos�h�rr shall accupy.establisfa.and use the Property as Eorrower's principal residence within axty dnys after the executios of �°
<br />" tivs Seairity Instrument and s�li oontinue to occupy the Prupeny as Borro�ler s princiaral residence for�t teasi one year efter �'"
<br /> . the date of ocrupaz►cy.unless l�wder othernise agrees in arriting.v�hicb consent s(�ll aot�e unreasonably witGhetd,ar unless �'`"_
<br /> �w
<br /> . . extenuating circum..�tanceg exist which are 6eyond Borrower's control. Hormwer st��Sl not 8e�uoy. damage or tmFair the �
<br /> Protserty, allow tEv;fl�mgerty tn deteriorate. or comanit waste on the gl�ogc-�ty. Borivwer shall iie in defanit if aay forfeitute �,..�
<br /> actiQZ�or proceeding, whether civil or criminal, is begun that in Lender's�d faiUi.�udgmant could r�ult in forfeature of the �_
<br />�� .., Prv}�.r�nl:�or othe►wise mate'�'y iin.pair the lien create�l by�is 9ecuriry Sns�ment�*r T�er's securicy intesest.Hosmwe�uray Y�- �
<br /> - catr��rcrw'�a default and reinstata,ss provided in ParagraFh Ct�..i'xg'cxiusing t8e action or pmoeeding W be di�i�d wdth a nili�og �-
<br /> tre si
<br /> � . thati in Lendes's g�ad faiW determinadon. Fcer�'udes forf�u:z�of th.e II�srrower's interest ia t6e Pm�scy or other material _
<br /> � impaimieas of ti�:�i�z�.c�ted by this Secus7g L.�sanicnent or Lender'��xcity interest. Bo*ruwer�S5�Iso be in default if ------
<br /> Bor�t�c,during�Jqe!Y�„an 2p�l�r.,�ion process,gave materially fals�or��.�a�ate informarion or sTaie�nu to Lencter(or fai2ed _ �
<br /> , ta�:�i�e Lender ur.�tb any art? �, infomiatian)in conaection wit6 tfle Lc�evidenaed by the Note,incladin�,but nnt limited —_
<br /> � to.representations c�ceming�'�.�wer's occuptutcy of the Froperty as ra g:xncipul residence.If tIus Securiry Insti'uynent is on a
<br /> -' � teasehoM. Borro�zt� s.i°all comply �vith alt f�ac p�ovisions o� t n �. IF Burraa:;a aogs;.:N e:. 'is*.�� s� the Anperty. the
<br /> . •.`:� �. leasekold aad We fy�title shnll not merge u�;.-��nd�r agrees to the mer�a�►'�writing. � �'
<br /> .. 7.Protectlon of Lender's Rlgh2s in th�F�apet�y.If Barrower ftiits Ca c�erform the covenants and"agre meuts contained in '��.,-
<br /> . ffiis Secvrity Instnunent,or theze is a tegal proceeding that may significantly affect I�ender's rights in.th�Ptop�sty(such as a =_
<br /> � procerding ia banktuptcy,pmbato,for condemnation or fo►�feiture or to enforce lav�s or regulations). then Lendss�y do and –
<br /> pay for whatever is nocessary to pmtect the vsiIae of tIis Propert}r and Lra'r�e�r's rights in the Pcopetty.lender's�gdaot�s mtiy
<br /> jnctada payin� anv sums secared by a lien which htts priority aver fls�.aecudry Instrument, ap�earing in court, Payin�
<br /> rea�onuble nttome,r.:.fees and entedn�on the Pmperty co make repairs.A::�ough Lcnder m�y take aaron undcr this paragiap� ,
<br /> 7.L.QStder doe�not have tn do�Ai..
<br /> • . P��l amounts�dis6ursed 2:^�h-L;�r►der undes this para�a 7 ahall become additf�ntil debt of Boaower secunod by this
<br /> Sec��;,,�fy?ns�cumer�..UnIess Barrower and l�ender agree to other terms of payment,ttrcc�E s�nounts shall bear lnterest from the
<br /> .'�;t�" . dace.nf disbuFSemtrsr at the Note rate an¢ shrul be payable, with interest, upon notIce fcon I�td�er to Borroaer reque�iing —
<br /> .. . • payment. . . ; �
<br /> � :,M._Moetgage Insnranoe,�e Ler�er reyuired mortgage inswance as a condition ci�'��,�s,�ng the:u��ecured by th:s Setur�tY r�-._
<br /> . In.�s�a'!�ent. Eorrov,er shall ptr,y uhe premiums required to maintain the mortgage iu:7rn�.ce,in effect. If. far.�ts��i�s►son, the �
<br /> . � mqrtgage insprance caverage requiced by Ixnder lapses or ceases W bc i�:ffect,Boaawer shall pay the premi•a�rrs r.r:�niied to �
<br /> � obtain coverage sututantially equivalent to the mortgage iusurance prev:�i;l6}�in effea.at a cost subsiantially ec�a�:�ent to t1T; : .. _
<br /> cast to Sorrower of the rnortgage insurdnse prevtousdy ln effect. fram an altemate mortgage instirc�appro�ed by:LeF_der. IC —�'�
<br /> '. euL•;:ialtially equivalent mort�age insucan�e soverage is not available,Bonower shull�s.y to Y.ender each month,���aaa�equal to ��an�.
<br /> �. aCtQ�E•eElfth of the yearly moct�,��e insurtittce pretaium being paid by Borcower when tfr,�c i W:snrance covera�e la��!�rr ceased ta �;�;,..
<br />.. �e ia effect.Lender wfll acoe{�1:,c:se an��setain these payments as n ioss reserve in iic�a �nr mortgage insuranct. .I�t£S lESENB . d-'u.e�'
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