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<br /> �'� ` . ��' 4. Flre�Flood and(�IKr H�u�rd Insurnnce. �m�w•cr.lwll insurc all impr�ivemcnl�on �hc Pn�eMy. wht�Fkr n�►w in
<br /> --- �: .. existcnrc o�+uhM�yucndy�rrt�e�J.aguin��any IuuyrJ+.ra,uulti�,wKt coMingrncics..including tirc, fi��whirh Lender rcquirrr
<br /> �' ' in,uanec. Thi. in�ur•rnrc �hall tk n�ainruin��l tn Ihe um�wnt� unJ !'�u Ibe �xri��lti IFuit l.cnJer reyuirc+. li�muwcr til�all alau
<br /> ^ in.ure ull iuy�ru�enkni,un�hc Propeny.wlx�hrr iK�w in rxi,tenre or tiubK�yuemly enr���l. u�tuintit lowr by il�wKl�tu thc cxtent
<br /> �'�°`� � -" re uired b ihc Sttr�u► All iasurunrc.hull hc r•rrri��l wiih rumMnic,uppnwcd by L.cn�lrr. Thc insuran�ti p�dicic��+nd any
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<br /> : � t� rcneWal�sJwll tn IkIJ hy l.ender unJ shall iiuludc lo�s�yahlc clAU�e. in fuvnr M',unJ in u fami�ti�epwblc to.l.crnier.
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<br /> � In thc c�•crn��f 1��. E3��Ruwrr�hull give LctKicr immoJinte�wNi��e by msril. l.cixier rtwy ttulce pnwt of 1��t� if n�t made
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<br /> �...• . . �� . prumMly by&mnw�:r. Euch in,unm« comprny ron�crn��l is Fn.rcby uu�lx�riicd anJ direrteJ to nwke paymcnt for�uch lo�s
<br /> `�-„� ��1� ° Jirctiily u► l,cnJcr. i�utcad uf�ai BoRnwer;uxl to l.erx{er juioll��. AU ar uny p•rrl ut'Ihr imu�un�e pr�xced�mAy be upplioJ by
<br /> , �-,at:`:== l.rrxler, u� i�•.upfian. eilher 1•r) ta tFa; reJurlinn uf Iltr I�clebtrdtx�ti� unJer�he Natc und Ihis Security In,trumem, first ta a�ry
<br /> �4i "-�• � delii�yucnt ank►unl.uppliud in thc unkr in p:+rugruph 3,u�xl�hen to pnp+y�ment uf principal.�►r Ibl a,the restoratian ar repair
<br /> ..►�i�ic^��`::_ --
<br /> u� - -- al the d•rnwg.d Prupeny. /1ny apPlirutiau uf Ihe pr�kecd� ta thc pri�uipal ,h311 nw ctte�xl��r p„Ip►ne�hc duc date af the
<br /> ,��. ,�„��;,�;�.. nwmthly p:�y�nrnn whirb are nl'err��l u�in parrgrrph?,ur rtwnge ihe m�xwnt of�+urh paymcros. An�•c+cccys in�urnnce pr�xceds
<br /> _.:�, ,• _'�� _ - _ .; u���r•rn onx�unt r.�uind �u p+y ull uutstandmg indcb[edness under tht Nate sud�his Sttvrity Inxttument sh�ll be p+id to the _-_--
<br /> '�.;h.� ;t.,:,��.: cntity�legully rn�iilal�hcrew.
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<br /> ��� ' ` In �hc cvcm at ti►r�tila�ure of thi+ S�tiurity Imwn�ent ��r athcr tr.msfer of tiUc to thc Pn►peny that extinguishes the _
<br />—T�� •. •:,..,•,'. inJ�M�,iinc.�.all righ�.tiUe uni imeR�ct ut'eum�wer in,ukl a,imu�uxe p��iieic�in lime+hul!pa.k�w�he purehu+er. =_=
<br />----2, :�. ;��;.. . . . S. Qccup�ncv. Pn.�cervpNan. llf�intenance pnd Pmtec�lon of the Propeny: Borrow�er's l.oan Applkalion; �:s-
<br /> � � - I.eaul�ddv. B.muu•er�hull�kcupy.r+�uhli,h, aixi uu�he Propeny :�ti Barraw'er's princip•rl rcridence wiihin sizty duys after �_
<br /> 'y "" , '` ' th�:et�wuti��n i�/thi,Security Inrtrument and+fwll c��ntinue k��xcupy the Pruperty u-,Borniwcr'.prinripal msiden�r for ut least �=
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<br /> ���+�� � unr��wr aucr thc Jutc of�xcupanrp.unle++the S��rctary• determincr thiti rcyuiremem wiU rau�e undue hardship fur Borrower.
<br />_ ° �ir unles. eRtenuatin�: rirrum.wnce.r czi.t whirh arc beyonJ &irr��wcr'ti runta�l. Bnrroaer shrll n��tify Lenders of any �_�_
<br />- �' • �xtenuating cir�vm.tunrr,. Borrower,hall no�commi�Nu�te ar des�ruy,d•rnwge ur subWUnti•rlly chunge the Proprrty or ullow
<br /> � � � � thc Pn��xny tu detcri��rute, reau►nable wear unJ tear exrepted. l.ender may in.pect the Praperty if the Property is vacant or
<br /> - � ul+:nxlmx�l ur thc luan iti in defAUlt. I.cndrr nwy take reau+nable urtinn �i� pmtcrt vnJ prrv:rve �uch vnrant or abandon�xl �p�`
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<br /> � ' ��' ° ''' ` Pn►peny. Bnm�wer shall vlso be in det.�u� if&mnw•er,during the li�un applir•rtiun pnkc...guve materiully fulse or inacrur.►te ��_;
<br /> �`•,�s�.•�,; •_ infi�mwtiun ar dairnkms to l.ender�o� �:�.ied to pro�•ide Lendcr with uny nwtcriul infi�rrnu�iom in conncction with Ih� loan �•
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<br /> -' � eviJenr��l hy the Note. including, but r:i�t limited to, representutinnti ron�rrning &�rru•xr�'.�K.upan:y oF thc !'roperty �.+ s — t
<br /> , ' principal raideiue. If�hi, Security Instrum:nt is��n a Ieakhold. &�rrav►er.hall cumply wilh thr provisian� of the lea.,e. If "
<br /> &�rn�wrr ucyuireh fi�e title ta the Pri�peny,the lea,ehald un�i fer tiUc tihull n��t i+e mcrg��d unlexs l.cruicr agreex to the merger in �•`
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<br />, . , • 6. Clw��w to Borrower �nd Prntection of i.e�ler's Ri�h�c in the Pin�perlc. &�rruwcr +hall p•ry vll guvernmenuwl ur �;;
<br /> � municipal chur�cti. tiiu.and im��+i�iunti that �r: nr incluJ��J in puragr�ph ?. &xruwcr .hall p•ry thcx nbligutiom on tirnz
<br /> � Jir�Ydy ai Ihe�nlity whirh iti i�w�Kl thc p:�yment. II t:,�lurc t�►pay eould advcr.cly uffect l.rndcr'�intere+t in the Property.upon �`._1:;
<br /> : ,.,' � •: L,ender'.requcT,t&xrower�hull prumptly lurnish to L.enJcr ra�ript+c�•idencin�the+c p•ryments. �L:
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<br /> �,%��;: � ' II'&�m�w�r fails tu makr tlku p•rymcnh ur thc pa�•ment,rcyuirrJ h�•p�r•rgr•rph 2.ur failti t�►perform any other covennnts W�t�,:
<br /> . �,�t's:;:'' � •rrni•rgr�wmentti mnt�in��J in ihi,Security Imtrumrnt. ar therr i.a Ic�ul pr�xceJing that m•ry si�tnifirandy•r(fcwt l.ender'�rights
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<br />- Y�';yr,:�':. . in the Pn,peny I�uch r,u praca�ling in banMruptry. tur runJcmnati�m��r la cntbr�e IaH���r r��ul�ti��ny�.then L�nJ�r muy dn
<br /> - . and p•ry whu�rver is n�tie..:wry• tu protrr�thr�•aluc��t thc Pru�xrty unJ LxnJcr'ti right� in Ihc Property, inrluding payment of ��.:
<br /> '.'..%� •� _ . mxe+.h�ard inzu�nce and othcr itemr mentiancJ in paragmph 2, �"``
<br /> !�y��� -�"��. Any amnunts Ji.hun�d by Leixlcr undcr thi� para�raph.hall hecum�an adJi�ion•rl Jrht�f&�rrua•er and tx� xtiured by
<br /> � ����"� � • u nt,.hall t►�ur intcrc�t from thc dutc c�f di�bur.emenl.ut thc Notc rUte.ond ut the option uf �-v
<br /> ., � �hiti Security Inurument. Thex:rm u _
<br /> _ ' ' Lendcr,shall bc imm��iiatcly due a�xi pa�uble. --=
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<br /> 7. Condrmnation. Th� pnK�tiK1, ul' •ri�� aw:�rd ur rlaim lirr d:unagc.. Jircrt or rumcyu�nlial. in connc�ti�m with uny --
<br /> � ' � c�.ndemnation ar�►1h�r laking a�l'any p•rn ul Ihe 1'rn�n�,ur li�r ruo�cyrn�e iu place��t cimJcmna�ion.•rm hcreby as,ignrd and -
<br /> � • ' , shall lk paiJ ti�Lcndcr���the ex�en�al'thc t'ull:mi��unt of the inJcMr.fix��th�i rcmam,unp:�iJ wider thc Notr and this Sc�urity
<br /> In.trumrnl.l.cnJrr.h•rll�pply wch pr�wr�Yl+a�ihc rrJucti��n uf thr indrM�tilnr„unJ�•r thr Nutc anJ�hi+Scrurity In.trument.
<br /> lir,� to am• d�linyucnt amuun�. applirJ in Ihr urdrr pr���iJr� m para�r.iph �. :mJ ihrn iu r������»��,� ul' principal. Any
<br /> applicatinn ot' �he pr�x�tiYl�t�� thr prinripal ,h.�ll nut e�tend �►r p��.tpm� thc duc Jatc ul Ihr nH►nUil}• puynkn�,. which are
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