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<br /> � 9�— ���n�7� �.—..
<br /> S. IIda�rd or�w�Zrty Inst3rarace. Bormwer shall keep the improvemenu aow exisang or hemaftcr erected on the =-.
<br /> �rap°riy insur�i against lass by fire. ha�ards 8nctuded wit6+_n the term'exteaded coverage"and any atl�e�harards, inctudiug �.
<br /> floods or flooding.for which Lender reguires�insivance. This i��,.Ance shall be maintain�in the amnunis and for the periads �
<br /> � :� that Lender mquir�.s.Tlte insuraeue carrier providing the insurance shall be chosen by Borrower subject to Lender's appmval ---
<br />' � . which shall rtot be unreasonably withheld. If Sarrower f�ils to ma�nra�tt coverage descrih�above, Lender may, 2t Lender's _—
<br /> .-- optian.obiain coverage to pmie�L.ender's rights in the Properly in accordance with paragiaph 7. --
<br /> . A11 i���.an�po�icies and renewaLs shall be aoceptable to Leader and shatl inclade a standard mortgage clause. Lender �_
<br /> shalt have the right to hold the policies and renewals.If Lender mquires.Borrower shall promptly give to Lerider all receipts of
<br />' w gaid premiums and reaewal notices.In the event of loss.Sorrower shall give prompt notice to the insuance canier a�d L�nder.
<br />�`� Lender may make pmof of loss if not made prompdy by Borrower.
<br /> Unless L,ender and Borrower otC�•.�rwise ag�e in�vriting,i�u�ar��^�ds shall be applied to rtstoration or repair of the �:'='
<br /> . Pcoperty damaged,i��r�t^za�����air is eoc���sically€�..�rste s�sr�i�:rerrlrs's secauity is not IessenEd..If the resioration or ==--
<br /> repair is not econor,�ir.�1i� !'��ir:.ns i:�s!°,r s��wotild be lessend,�s�irssrrs,*M�ce Fnaceeds�!'se spplied to the sutns ��f
<br /> � securd by this �ecv�ii.�r�z+�eiher or n.h then due, with any ex�ss..�aid to L�v-�u�er. T��a+rnower abandons the '�
<br /> Property,or does mrt�swer witfun�days a notice from Lender that the inswance carrie��as offered to seitle a claim,thet� —
<br /> •• Lender may coltect tt�e insurance groceeds. Lender may use the proceeds to r�sir or restore the Property or to pay su�ns
<br /> � secured by tlus Sewrity Iasuument,whethet or nat Wen due.The 30-day period will begin when the notice is�iven.
<br /> . Unless Lender and Borrowa.* otherwise agree in arriting. anY app}ication of proceeds to principal shall aot extertd or�
<br /> posttwne the due ttate of the monthly payments referse� to in paragraphs 1 and 2 or chanse the amoum of the payments. If =
<br /> under paragr�ph'll the Property is acquired by Lender. Borraw�r s right to any insurnnce policies and prnceeds resWting from
<br /> damage to the Paoperty prior to the 3cquisition shall pass to Lendcr to the extenl of the sums secured by thIe Security Insuument
<br /> immediaiety priar to the ncquisition. —
<br /> 6.Occapancy,Prrserva4ton.lVisintenance sad Proie�on of She t'roperty;Bosmwer's�uan ApplEcutEon;I.e�zhoi�s. �
<br /> Bot�ower ehall occupy.estublish.and use tite Property as Borraurer's principa!res�dence within sixty days after the eaecution of
<br /> thia Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least ane year aft�s _
<br /> the dnte of aocupancy.untess Lender othenvise agrees in�vriting,which consent s6at1 nat be unreasonubly withheld, or unless
<br /> � e�tenuasing circumstances eaist which aze tseyond Borrower's control. Borrower shall nat destroy, dam�ge or impair t0e
<br /> Pesoperty. allow tha P[operty to deteriorate. or commit waste on the Property. Boaower shall be in defau[t if any forfeiwre —�
<br /> action or proce�ding.whether civil ar crirt�inal.is begun that in I,ender's good faith jadgment could resutt in forfeiteue of the
<br /> , Psoperty or otherwise mt►tterially impair the lien ereated by tt►iis�ecvrity Iusmimeni ar LendBr's secvrity inte�est.Bormsver map _..—
<br /> aua suah a default and reinstate,as provided in paragaph 18,by cxusing tke acrion or p�aceeding to be dismissed wic��sR,:ii� . _ __
<br /> that, in Lender's good faith determination, precIudes forfeitnre of the Barrower's enr�..�es�2 in the Property or other�er.riSF � �y�
<br /> �F..«
<br /> • . impairment of the lien c�ated by this Security Instrument or Lender's secucisw � $orrow8r shall atso be in default if —
<br /> ' Borrower.during t�Ina�.agplicaYinn process,gave matrerially falseor inaaaucct�.r.�`5.�.�::,aa or starements to Lender(or failed ��?�'�
<br /> �� � w pravide Ler.der�r�:m�ai�9 information)in conaec6on wit,'�the la�r�u:,.°r:oa�Ly�.he Note.including,but nat limitad � ,�`"
<br /> ' � w,represr.,nta3ions c��ing�or.�+wer's occupAacy of the Property as a pria.�!r.s:d�.If tf�is Security in�,.��t is oa a
<br /> � �`�f leasehold, Sarro�rer�°�.'J oomply with all the provisions of the lease. Lf�.�:ower acqaires fee frt?e to the Progerty. the .
<br /> • � leasehold and t�te fC�f5t9i:shnll not merge unless Len�der a�ees to the merger ia�vriting. .
<br /> -•-,4, 7.Protec�a 6a7Gr�der's Rig�ts in t1�e Ptoperty:If Bon4wer fails to perfarm the oovenants and agreeacents aan�.it�in —
<br /> � ��. this Securiry L�rz�:at.or there is a legal.proc�eding that m� s4,�ificanily affect Lea�dcr's rights in the Property(nidi�s z j�?.
<br /> �.,,n,�:;
<br /> •t proceediag i���cy.probate.for condemnation ar forfeite.-�:ar to enforce laws er*�latious),then Lender�diy Qwd , �•.
<br /> � •.�' pay for whatevet i?i;�^essary to protect ths value of the Property and Leud�'s.rights in t6e Property. I.ender's actirns may . ' i��::'
<br /> . ,} iaclude Paying en:���s sec�red by a lien which has pnority over ttsi.s S�w-��,y Dtuuument. appeanin� in co�ut. PaY�B ' , ,:.��;
<br /> . rrasanable attac�e��'.f�ar.s.aAd entering on the Property to make repaits.AE�i»�as�Y,:�rrn�r may take acHon under this parageapb ;a�-r•:
<br /> ' ;, 7,Lender does eo:l�c�r,e�a:��o so. ,_.�.
<br /> - Aay amouat��it�3�:rsed t�a r:�rn�er under tl�is paragraph 7 sha116ec�c�:.��r;�oda9 �bt of B�rrower secuted by this ;Mr,.:_,r;:�
<br /> ":; �� Security�siruucer.�,nr:�'ess Bortowei and I.ender agree to other terms qf�r�xeni,these amounta sh�ll bear interest from the -
<br /> � date of dis6ursee�,*t.;gt the Alote rate and sha11 L*:payable,arith inte�t. �aq�on notice from Lender to Borrower requesting f�;L
<br /> .. ., . payment. � ��A,£�.�
<br /> ;.� 8.��ortguge IIresar�nae.If Lender reqnired mongage insca--�as a condidon of making tha loan seeured by this Seeurity
<br /> ' Inswment. Son�wer shall pay the premiums required to maiu�pria the cpnrtg,age insuranoe in effeci. If.for any reaso�a, the, ����
<br /> •,. }, �,..�:::
<br /> mortgage insurav�e r��;cra�e requlred 6y Lender lapses or oeases to E4e in rfi.�ct,Borrawer shall pay the premi�ms required w !4���`.-._
<br /> '� obtain coverage�^ci�tou;�ly ec�uivatent to the mortgage inswance previoa�J;,•u�effect,at a cost substantially equlvalent w she +'�t::`
<br /> u
<br /> �. � cost to Borrower�7f�T�:nortgage insurance previovsly in effect, from�x;rd�ts:nate mortgngc lnsurer approved by L�nder. if� .
<br /> . � �`:;�;
<br /> � substantially equiva'_�:rortgage insurance ooverage is not available,Borra�s��r shfill psty to Lender each mont�a swa eg�I w ��°`
<br /> .• '?: an�twelRh of the ye3zl��ortgage insurance premium being paid[ry Eiorre:��r ahen the insnranoe coverage Iapsed or seased tp ,.'. �����°�`:
<br /> .. i' be tn effect.Lender uri11':ooept,use and reWn these paymenis as a losa r�r;:�:In lieu of mortgage insurance. Loss resenre � .� ��y6==_`
<br /> . .' � �i'�.;�.
<br /> ::�': Form 3028 9/�1 r i�?,;-
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