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<br /> 5. ��d Q� p�'o�seety �raace. Eotra�ver sl�ll keep the improvements now existing or hereaft.er erested on the
<br /> Peo�erty insured against loss hy fire. h�zards inclu3td «iiE�en the term °extended ooverage° and any other ha�rds, including ����.i
<br /> - tloods c�Rouuing. for vrl�ich i.ender r-.,quir�s insuran°:�.7Y►is ias�r�x�e sha{I t� rmi�tained in the amounts and far the periods ��_`
<br /> ` th�t Lender ras�uires.'t��insurance caarier providing cile insuranc�shall he chasen by Borrower subject to Lender's cippmvat � --�
<br /> ,1` c=rhich s.�ll n�i be unre�or►at�ly �vitf►itetd. If Barrower faiis to m�tan:nin rnverage described a6ove. Lender umy. at Ixader's �"_:
<br />�;,,r option.o�itnin aav��e to protect Lea:a:r's ri�hts in the property in��rdance weth parugraph 7. �`:-'�.-
<br /> A!I insurana:�olicics and reue�a�t.sba�l he accepEable to L,ender and shall include a standazd mortguge clause. l.ender —�=•
<br /> c
<br /> shall have the right tv hnttl th�Ralicies rv,�3 teu.wais. if I.enster requires.Eorrower shal!promptly givc to Lender all receipts of �E'�
<br /> paid premiums and renewzl nmioes.In tt��eaent of loss,Borrawer shali givc prompt narioe ro the i�lrattce ruriee and Le�-tder. -�'�'-
<br /> er:-!--
<br /> � I.er.der may m�s proof af IASS if not m�ia�pmmptly by Borrower. �-----
<br /> ``r Unless Len3er and Eorrorr�r oth�ise agre�in writing. insutance proceeds shal!be applied to�estoratioa or repair of ths --
<br /> prope�j da�nag�f,nf tha restotation or r�air is econoaucally feasible and Lender's security is nai less:ned.If the mstoratian or --
<br /> a
<br />�� re�ar,,ir is not eronomically feasible or Ixader's securit}�would be lessened,the i�surance proceeds shali be ngplied to tl�.e suats °=_---
<br /> ' sc�t�l bp this Secvrity Insuument. w6ether or ent Ehgu due.wit� any er�cess paid ta Borrower. If IIotrower abandmns tite "'-
<br />,a%�. Pro}�estl+�or.duas not anstver widdn 30 days a no�rz fivm Lend�r tbat the insurance carrier has offered w settle a clairn. then °-=
<br />�`;;:, L.encts:r m�y.onll�ct the irsurartce prooeeds. Leitder may use the prac�,e�s to t�epair ar restore the P�+operty or to pay snms
<br />=�:� secared by thiF S�rity Itut:ument,whether or not then due.The 3{1-day period will begin cvhen t�e notice is given.
<br /> Unless Len��r raisi.Dmmwer otherwise agree in writiag,any applicarion of prooaeds to principal shatl not extend ar _--
<br />�`,� the dna ds.�a vf.�.i�a�ntlil ments referred to in i�s 1 and Z ar c6an e the amoant of the a If `'
<br /> r postpone Y PaY P�$mP g P Y��• _�:.
<br />-�:s: , „�,:.:
<br />-_- under parograpb 21 tht Pcap:r[y is acquir�by Leader.Borrower s dght to any insur�nce poiici�s and procee�s res�iting fmm
<br /> �;�, damage to the Propecty prior to the xc�uisltioa siialt pass to Lender to the extent of t�e sums�by this Sticurity Instrtament !___
<br /> immediately priar to the aa�isition.
<br /> �. 6,p�cupan�y,Pres�vat�an.Matnt�tcrx und�►iectfon of tIle i'ropei4�;Bosruwer's Loan Ap�t�atium:�easQholds. �:��F
<br />��•', 8trreo�var shall occup�.e.st�h2itb.and us�ths Prapetty�Borrower's principal residence within sixty days a8�r tiic3 exeartion nf �
<br /> _ c�L,Soeurhy f�nsiniment and sha,U oontinu�ru ao�py civ�Property as Sorrower's principal residence for ai i+��ne year after ��;
<br /> �:��`� c3�e�a�a af�op�partcy,ualess Lender otitr-,�cuase agrees in writing,which consent shall not be unr�asonably arithheld,or uetess �__-_
<br />�'��` eatenu�i'tnng r.�&tsax�tances exist w�ich.� beyond Boaower's control. Barrower shall not ci�roy. damage or impair.ifi� ---
<br /> , Propeity, a11o•w the.Pro�erty to deteriorate. or oommit waste on the Property. Borrov�er shali be in default if any farfeitu:� � 4--
<br /> astion or prace2ding,whetl��:i.s�il or criminal,is begun tW►t in Lender's good faith r.�ment cou2d cesult in forfeiwre of�
<br />�-�•� Piogerty or otherarise maieri�tly imp�r rlse lien created by this Security Instr�mer,C na L:ader's security interest.Borrowea may ��'�-,
<br /> �= cure suc�A d3SEUit and reinstate,as pmvi�3 in ParagraPh 18,by causing the action or pracead��•:o be dismissed tivith a rufh,�,�
<br />-_ °= Wat, in.Lecsder's gaod faith determin�ti��,:, precludes forfeiUU�e of tke Borrower's interest iss d�Praperty or ather matet�::
<br /> �`�l�'' im,�:�.{mwnt of the lien created by this Serurity Instrument or Ler.der's security imerest. Hocxc�er shall uLso be in defnu[¢iiE• �=
<br /> � �ic�:ver,durin�the taan application pmcess,gave r��s.�ially false or inaocoaaze informadon or stutementa to Ixuder(ar fail� ���,:.
<br /> ��i, Oa�qvide I.e,ader with any matemal ic►formsiuoa)in�xsrsm�tion with the laa�x.v�y,��by the NotB,iaaluding,but stot tiu�flr�xi' �
<br /> - _ to,represcrJal�:as conceming Borcoaer's e�ccuppncy of the Propetty ax��::4�?�denoc.If thta Securiry Inst�ment is a,�.a:
<br />`::;�`,• lea�ho2d, l3�irmr�sxEr s3uill campiy witlp.s�.�.G the provisians of the 1�s�. If Ea��zr aoquires fee tida to the Property, r�'sy: —:
<br /> leasehotd am�•4�r��:ee dfle svall not me��retess Lender agrees to the merger in v+risira�. ,---
<br /> 7.Pmic�t�an of Leud�i'y Fii�,h8s in the PropPrly.If Borrower fails to per�sFUS uha covenants and agreemenu contained ta .,�:�::.
<br /> �,F tliis 5ecurity Insuvment, a�eCs�re is a tegal proce�din�that may significarcdy afiiax�ender's rights in the Property(sach as a �____
<br /> �:��,�?. proceeding in Dankruptc}+,probate,for a.�ademnation or forfeiture or to enforce laws or regnlations).then Lender cnay dm and �_
<br /> � pay for whatever is necessary to prota�«e value of the Property and Lender's rights in the Pcaperty. Lendsr's actions may �-
<br /> • inclnde paying any sums secared lry s�lien wtdch has priority over this Securiry Instrurnent, appearing in oovrt, paying
<br /> `'' ;easonabl�attoracys'fecs and entering on the Praperr�:rn make repairs.Althou�tr Lcndec rosy talce action uador tbis pua,�ph
<br /> �'?.,,Lender does not have eo do so.
<br /> ', � . �.�-
<br />' Any,aiim�crznnts disbursed 6y T.ender under this p�.�vgrnph � shall becume�`.idonal debt of Borrower sea�nod.by this
<br /> :�;. � Security Idsla.�ens. UNess Borrower ss�d I,ender agree to uther terms of puymen[. �.��e amar.ctifs,shall bear interest fron'l:r�ie �;.-
<br /> date of disb�:�ement at the Note rdie and shall be payable. with interest. upon ct�t�eae��..lirinder to Borcovver reque�ii'is{g
<br /> an �
<br /> PaYment• «'"`..
<br /> 8.Mustg�ge Iawr9nce.If Lender required mortgage in�,.��p as a wn�,itiKirn�c:f making the loan secured bv this Sec�uity �'�'j=?'-`
<br /> .'��.� 1
<br /> `� � Instru�nent.Borrawer shall pay the pr�r�aiums mquir�d to maintain the mort8;:;_t�ii�surance in effect� If.for any reason,the �'�,-`
<br /> � � mortgage iasurance ceveroge requIred I�y�l�rdcr lapses or ceases tp be in effect,�orrower sh�ll pay the prern�ums reqttired to ��
<br /> - t obtain ooverage substantially�quivale�u�.ra�e mortgage insurance previously in effect,at a cost substantially cquivalent W the `==
<br /> :. cost to Barrower of the mortgage ins�re preYfiou.vl�in effect. from r�n alt�2trtr. mortgage insurer approved by I.ender. tf �
<br /> substantialty�qniva2�nt arr.�r�age insurnuce¢over�:�r�cot avail�bie.Bomower r•.�i�81°pay to Lender each monlh�u sum eqtul to
<br /> oae�nvelfth Qf the yeaziy Qaxtgsge insurunce pr�emi..r�I�eing ptud by Borrower�"�t�the insutnnoe mverage Eupsed or c�ased ta
<br /> � 6e in effect.r:aa�cr will acoepi.use and r.u.'�n these payments as a Ie�, rss,e�ve rn lieu of mort�e insurar►ce. Loss �r.e�
<br /> Form 30,�0 91fl�S'
<br /> Pae}�3otA `'�
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