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<br /> S. �aYSrd aa Prcgeaty Ia5-ura�. �orrov�er s4�ali t� cbe improveinents ssow exisdng ar hemaft�r erected on th� �:;
<br />• Froperty iasured against loss hy fi.�e. 0azasds is�ciuded withan tlie term °exteraded rm'eraSe" end anY asher hazards. inciudin� _---
<br /> ftoods oz ftoodiag,for�vhich L.er,der requires insurance.'�'his insur�nce shall be maintained in the amounu snd for ti�e periods ..--_.
<br />',`` tts�t Lender ret�a8res.'E�e lnsar.ucce c:urier pmvYding tiie insu�nace shail be chasen by Bgrrower subj�t to Leisder's ag�rova4 -_____
<br /> ��ic�shall nat!�unmason361y wi+tSlOetd. If Borrawer fatts to maintain mveca�t�desrrilsed above. i�nder may.at La�der's - —_
<br /> � option.obsain coversge to prot�t Ler,der's rigbts in the Fro�_tt�+in accordance witI�psua�ph 7. -�_ --
<br /> All ia�surtance poficties an�mnewr�s shall 6e acceptahie to Ler.der and s�a11 include a standaMemo�ee a�i�m�te'��1s�f - ---
<br /> � ' slzalt have the right w hold the poticies and nenewals.If Lender rnquires.Eorrawer shall procipdy gi �_^-_
<br /> ` p�aid ptemiums artd ren��val notices.Yn the event nf loss.Bacrower sttall give proa�pt notice w the inswnnce carrier ar�d Lender. �
<br />�`` Lender onay make proof of toss if aat msde ps+nmgtEY bY�rrower. ___-
<br /> ¢ Untess Lender and Borrowet�at�erwise ag�ee ia writing,insutance praoeeds shall 6e applied to restofation or reRair of ths _______
<br /> �t+�pecqy dama�ed.if tfle restoratian or r�pair is economicaQy feasibte and Lender's secnrity is nat lessened.If the restoration op e�__
<br /> c�pmr is not econamically fe�a.siUle or Lender s security would L�lessened.the insuraric�Prace�shall b�applied Eo thE smus
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<br /> "`��+'' secured by thls Security pnsunment, whether or aat then due, zvith any e�cs�ss paid to$�rrower. If Borrower abaa�nns d'-•� �+�r
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<br />`..•1'.'��: Fmperry. or ducs not answer within 30 days a notice trom I.ender that the insurditsz ca�rier hus offered to setUe a claim. � --
<br /> Lender may collect the t��„�nce pmceeds. Lender muy ua�the prarxeds ta repa�r or rP..store ths P�vpercY or to pay sums .,�F��i,f:.
<br /> y ad will6e n when th�aotice is give�a. ��'-`'�-=`
<br /> seccr�l by this Security Instrument•whether ar aot then due.Ttte 30-0s► Pe� � �y al sttall r��eztend or -_°-_
<br /> � [inl�ss Lender and Borrower oihera�e�a�ree in wasi�, anY aPPl�atian of proceeds to Isrin �P �
<br />�.E.�;�'`�� �v�one th$dus date of tAe morjthly ps�,����fe,�r�s#.e:�n parapaphs 1 and 2 ar change ths amount of th.e g�� � �;�r.'
<br />- . n.��para�raph 2! the Peoperty is asquius-����:I��rower's rigbt to any insarance policies a:si procecds re.cvlring fro�s �T�
<br /> " cL:m,�^�to the Property Prior to ths�.usit����'""��'��nder to t�e extem of the snms ss.vred bY this Securiry last�mr� ___ --
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<br /> • • ims�fiaieiY Frcor to the acquisitior�.. aw I�►a,�.
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<br /> ' b.�ctu�u►cY+Yr�sesvstian.�ic►tenance and Pratc�43nn otthe Q'ro�erty,BoraaRes's Lnan Appl�rail ^r .
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<br /> Bormwer shal!occupy,es�biish.�d use the Pmperty as Barrower's principal resid�nce wiffiu►sixty cl�ys nfter�exu��a. ��.,�
<br /> '�c'�„`' �ihis Securiry Insttument and shall corrtinue to accupY the PmPertY as Bmrower's principal residence t�ar stG'i�c�e yeu a�� -.,,,,
<br /> untess T.ender othenvi.n F►gees io writin�,whic�consent shaII aot be unreasa�i:Ig '^` '��.o� �+�e�s ' �;��i�,�:�:
<br /> the date of oceuP'�Y• >�te: a.a c?h� ��l`.:,k':•-
<br /> extenmating circnmstances exi�t w}�ich ate tseYond Borrower s conVOl. Borrower shall Qot �esuoy. damg+.. � ' �`:'::
<br /> . �operty. �llow ths PropertY ea detoriorete, or wmmit waste on the Pmperty. Borrowe��shall be in de�'zstU;if for•f�i4vre 7��=- -
<br /> • ac�an or p�ing.whethes civil or crimiaal.is begun that in Lender's good faitb judgment cautd cesalt in fe��of the �,.;;�___.
<br /> pruPertY or otherwise materifttlly iarpair the Gen created by t}us Securiry I�strument or Leader's security inte�est.Borrawer may �_-::
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<br /> ��;::,�<:: . cnze sudt a defanit and reinstaYe.es Provided in p�ag�a��l8,by causing the act�an or proceeding W be disffissed with a niling
<br /> . , ai�,.k, in Lender's good faith d�teranimation, Precludes forC��ture of tl�.Bonower's interest in the Property or other�aterial �
<br /> •,;;,s< , '�y�ima2nt off the lien creatod�by Wls Securih► Ins�ruTr'.�u'a�r i.�der's ser�uity interest. �Borrower shaU also be in default if �.,�-
<br />;�.~';;;.:}t;..,: Bono�ver.during Rhe loan up�3ioa�ioa pracess.gave�at.,rycist��i.false or inaccurate infomoation or statements ta I�.�r(or feiled
<br /> w provid.I�..ader wish any m�ta�af infozm3tPan)in conre�tibn with the lnan evidenced 6y the Na'�e,inelndlag,tr�.ttat iImite�d �'
<br /> :,�;;::''����., of she pro s�,t�,�@`zncipaS residence.If t�.��'r�av�ity I�sm�ment is a�a�..:�•. �--
<br /> 'r,s•N,�.. to�reg�aes�coaoernin3 Bu�ro�ser's o�'�,F'�Y �
<br /> .�".a.� ` � l�vl�'J; &,rrower shall cornplY wiih ali the p�rovisu�of �tce tea�. ]f Borrower:a�uir��ne ta€da�.ta the P»npe�ty, P���., �
<br /> , w the me�er in writizs�. � � �'"
<br /> .. ttase�o2d and the fee dtle stia�9l�ru�b merge�rniess Lend�z�&'tia� . . ��intaired in �A`i'r:�
<br /> , 7.PQOtectian aY.l.endes's Rlg�iS in t6e�p2rEj.��°f,�nower fails to perForm the coven3nts.�8$i' �,�=.,..
<br /> '`:r'�; that may si fic�cd affect Lender's rig�ui��,dn the PropertY(such es a �-:
<br /> �,�. �i � this 5ee�rity Instnuneat,ar theae is a legal prr,�oeedinS S� Y --.,
<br /> �o�o�ling in bantwptcy,probate. for candzremat�on or forfeit�ue or to enforce laws or re�IawYtu:•',,.�d�a•1+er�d��m�Y do and __
<br /> • ; � ��or c�vt�atever is necessary to protec7 the value of tb�Yropeity and Lender's rights in the Pra��i�nr;_ l.eo��'s actions may �;n•_
<br /> i�ade paying any sum� secured by a lien v r hi c h h z s.�u tori ty o ver t I v s S e w r i t y U s 4 n i m e n t, a g,�r�r i n g i�A c a u rt. P a Y�B
<br /> � , s e a S anaL3e attat�be Ys'fees and enteriag on the Property to in�t&a rePairs.Although Lender may talce action aa�t�z t�t:3 paragraph
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<br /> � ' 7.Ixaier does ruurn tsav�e ta do so. _ � �.. ,
<br /> •�.; Any acr�s.disbursed by Lensier��tdis parag�aph 7 shak� 7�come addiaonal debt aif�3?�rrower socun� �iy�:�'
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<br /> ���-'y` Security ic�strun',�r�. Unlcss&nro��et a��3:�tdet agree to uther temts dl payment.these aabo� tttf.�r:all bear interest fra�t� � _--
<br /> . . daxe of disb�usement at t}x;fi�4¢a rate�d shall be payr��. with interest, upon noSce from�aRYer to Borramec se�uesting __
<br /> � �� payment. � mahn���it i�i�n sorure�b this 5ecurity `�'":
<br />`.'��-:,� S.Mor¢g�ge Y�a�.If Lender required mott�age insurance as a condition of i; Y �t;::�
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<br /> :.',t Insuument, Borcower shall pay the praaiitiatis reqnired to maintain the mongage insu4�ce i�.•ti:��:.tf. for�nY rtason• the
<br /> �`::�,�'�. mortgage instuanr.e covetage required b}.3resider iapses or ceases w be in effe�t.Banoarer stealt pg;r the piemivms requlr�to � . �:
<br /> . obtain coverage substandally equivatem to the raartgage insuranoe previously in efferx.at a cost substantially equivrdent tn the
<br /> � ��'.. cost to Borrowep of the mortgage insuranoe previoasly in effect.from an altertbate mortgage insurer a�mved by l�endei'-If �;"=
<br />-,�.�''�'�� . substai►ttally cquivulent mortgage insuranse ooverage is not available.Banower shall pay to L�n�r each maath a sum equal to
<br /> ,.`�� ; one.tweffth of the yearly mortgage insuvance pr�mivan beiag paid by Botrower when the insu�snav aaverage tapsed ot ceastd M
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<br /> be in'effect.Leader will accept.usr and ret�in these payments as a toss r�serve in tseu of martgage insumnEe. Loss resena
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