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<br /> 5. Hast�rd ae Pe'o;�es'ty [ms:r.:u.-c. F3;ir�ik.r �tall k,�� �tk iu�►u���ik•��Cr. iw�� rxi.tinK ur heitiyitrr rrctitod �Mt the
<br /> ['►v�peny i�uured �:u«u i«s.. h}� fin. lw:+rd. i�kluikvl within t1►e ta�•m 'r�tr�xkt� .r�troyt' �ux) an}•iKlecr twlnis. includittr
<br /> iicxxic at ti�xxtm�;, t�x uhirti L.n�t�r r{yuii�.i��u��uk��. 't'�i� ii�wi.ukc sF1:lI{ �k Ii1:t11H,ilIk1)111 Illk 7iJ1MNltU�:UMJ (�)I' lI1C 11tlllXi?
<br /> �hsu [,��wJ�:r royuirc.. i'hc it�.w�uxr r:uricr pr��tiilin�;thr insue:uar �tull hc�;uui�i hy l3��rruMCn• .uhja:t w Lcniki'.u�►prin•a!
<br /> which alwll �KU F+r unR:►w�iably Ki�hlu;d. lf&��ruuer tailz t�► nuiiu:iiu a��.��r4��kx�•�tkd rM»r. l.��xl��- uu►y. :u l.cnJrx'�
<br /> u�iich�,��uii�ru�•���:tu��.K�tit i..in►R�r',riglit�i��lik i'��Kk�i�i�i:Kr�,ni:uxc Kirn para�raph�.
<br /> All inwrlrx•� �xili�i��:u�wl rci�rwai. .hal{ hr;kc�ntahle to Lettider airi shull iit�lu.t.:a u.ut;LuJ nuxtga.�,:cliuse. l�:�kkr
<br /> shafl ha�•,tfk rilho tu tx�W tlx;�x�li.icy:uk!r���ew•�1:. If l.axk<<ryuirc�. B�Nft�M'CI' �II�III�lYUiltj?lI}' �;I�'Z tt)I.CIM)Ci�I) RY'C111if:Uf
<br />- paid pr�niums�uxl rc�kw;il�xuicrs. I�i tl�evuu��f lu.�c. &un►wer stull�i�•e pnHO�1 i�uire�a the inwrrutic�e exme�se�3 l,epder.
<br /> Lcrxle�rtuy roaicc prcx�f of�los►if n�H nudc prony�tly b�• &�rn�w•zr.
<br /> Untcce Leixler and&�rraK•er otF�ru eae�ree in writins, inwoux�pn�ca�.ti tih;tl{ be .�pliaxl lu ttstur�tion ar repair af lhe
<br /> P►v�xyty dan�ed, if the r�uoration or re�air is econ�,mically f�:;�sible:�xi l.cr�:r'c k�curity ic�x�t le..kncxl If the restar,►;ion cu
<br /> rcpuir is nat oa�nomically fe;�9ble or la�xler's security w•oa:IJ 6�:Iesse�u�l,the inwr�n�r procc�i�sball be u�plial to the sums
<br /> secured by this S�xuriry tiutiumeni, whcthc�or not thcn due. with an�• :x��css p:►id to Burmu•cr. If Burro�er;�b;�,ns the
<br /> I�r+agcrt�, ur dn��,;.i w�.su•cr uidiin 3C da3�s a�.:i��fr.;�ii LuK;c:r tiw,i iiw insurance carrier h,as affered to settic a claim.theo
<br /> 4�ule� n�y cullect the insu.�anoe proceed,e. l,uxicr nu�y usc tt�pnk�aeJs ti� rcE►:►ir cu restore the Propeny or to pay sunts
<br /> socured by this Secarity it�utvrtu,nt. wheihcr or nc�t then duc.Thc 30-day pericxf will begin when the natice is gi��en.
<br /> Unlass l.endcr and Borrower othe;rwise agree in writing. m�y aprlicatian of proceeds to princi�l shall nat extend or
<br /> postprma the duo duta of the mnnthly payments refern.�d to in puagraphs 1 �nd 2 or chsuige tt�t: :u�xwn�of the paymettts, If
<br /> under par,�ra{�h 21 tha Property is a�yuined 6y l.ender, Borrow�er's right to any insurrnce policics nt�d proceeds resulting from
<br /> damage to the Propeny prior to t1�e aoquisition sf�tl pass to Lender ro the extent of d�c sunu secw�eci by tl�Security I�strument
<br /> inunudiutcly prior to thE:acquisition.
<br /> 6.O�cupstecy,P�t�scr►aYioa,l�isiutenaace and P��tcrtiai of t6e Praperty;Borrower's Lo�n Appiicxiion;LeasehWds.
<br /> Horrower sl�.aC!v.LUpy,estsblish,and use Ehe Property as BorroWe�s principa! eesidence within sixty days aRer the exaution of
<br /> this�:uritg inszr,:.ment and st►�II contim:4 to occupy the Property as Borcower's principa!residenc�e for:u least one yeu ufter
<br /> tf�e daie of��.�:�ancti,ycct�s Lender ot}ieru�ise agrces in writing,which consent shall not be unte�sonably uitiilxld. or unl�ss
<br /> ��c0.t�uatic� circurnst�t.::s exest which ire beyorx� Borrower's control. Bomoa•er shall not destroy, darn;c�.� ur impair the
<br /> t':vptrty, allow the Prapert?� tu detr�'var.�i�.or com:.ic waste on the Propaty. �nnwer sha11 be in defauic if�ny forfcit�rt+e
<br /> �action oc proeeeding,whether civil or��tuninal.is begun that in l.ender's goud faiih Judgment could rcsult in forfeiture of tJ3r:
<br /> Property or othenuise materially impair Hie iien crezted by this Security Instnuneat vr I.eixIer's socurity intercst.Borrower�u::y
<br /> cure such A default:and reinuate.�s provided in puagraph 18,by cwsing the action or procee�iiag to be dismissod with a ruling
<br /> tltat, in Lendu's good fai8i determination, precludes forfeiture of the Borrower's interest in the Ptoperty or other material
<br /> im}�im�eat of the lie�t ct+eat�xl by this �trity Instrument or Lender's sccurity interesi. BORO�i�I' SIISI� �I50 bC IA dCT�IlIL If
<br /> I?�srower,drtc:ag the lav�a�►plication pr�a�.g�ve n�aterially false or inxcurate infom�ation or�:�tements to I,endcr(ar�,tiic�
<br /> ta provide Lt.�c�ttr with aay material infi�u�tioal in connection with t1u loan evidenad by the lk�t�:.inelading.but avt liutiir�ct
<br /> w,representutions mrxxming Barcower's occupancy of the Property�s a princip�l reside.nca If this Seturity�.c i�ut;�a
<br /> �ho�d• Borrower shali ca+rccpiy with all the pfiz1zsi�cros of the lezse, if Borrower acquires fce ude m tlur l'topc�t}�;, tlze
<br /> IeasehoW and the fee tide staatE not merge unkss Lea�i;r;�rees to the merger in writir�.
<br /> .. . : ��.i'�ot�tf6n of I.tader's Rigl�fs ia k�oe Pr+a�erty.If Bo�rowu fails to perfo►m tha covcu�nts aad qg►�metus oo�w�iixc{iu. .
<br /> this Savrity Inurument, or thue is a k�a4 Y*roceeding thai may �ignifc�uly affect I.ender's rights in the Proprxty (such ac a
<br /> procadit�in banlQUptcy.ptnbato, for oon4emnation or forfeiture or to enforct laws or regulatioris). ttier►I,eader may do yrd
<br /> paY for whattvcr is nxess�rp [o protect t�e value uf the Ptoperty and Lender's rights in thc Property. Lce�er's actiot�s may
<br /> include paying any swns se;,;u�d by a ii,e� which has priority over this Socurity I�utrumeat, apptaring �r courc, paYinB
<br /> rcasonable attoraeys'fees aad entering c�a t�e Property to make repairs. Although Lender may take action iutiS�t,�tbis pasagrap6
<br /> 7.I.ender docs not have to do so.
<br /> Any �nounis disbursed by Lender�zr this puagraph 7 shall beoome �ddi�ional debt of BorroK•er seau+ed by t�i.�
<br /> Sxudty inuniment. Unless Borrower and I.ender�gna:ro othet ttmu of p�yment, these aa�ottnts sh�ll b�r'eaL�est from the
<br /> dato of disburseaxnt �t the .'\vte nte aad sh�ll be.P+4:zT�le. with interest. upon n� from L�endrs w I3asruu+uz requesdng
<br /> PaY�•
<br /> 8.lbiottSa�e L�suraiioe. if Lendez cer�e.irod mortgage inwranoe as a ow�dition of making t2�[oan sxu�d by this Security
<br /> instrumeat. Borrower sh�ll paY the prr�c`ms requiral to mtintain the mortgaga inwrance in eftcd.If, fu, �ny reason, tbe
<br /> unortgage insur�noa coverage n�uired by Lender lr.pses or oeases to be in effect,Borrow�r st�all pay the p�s�tc,;�r+equirod to
<br /> u'�tain ooverage substaruially�y-uivalent to the mortgage insurance previously in effo�, ai a oost sut�stantiafly oquivaleru to the ~•
<br /> cr�st w Borrowu of tht mottgage insur,�nce pteriauly in effect. from an alterrute mortgzge i,�,;,te�spprovod by I�et�ler. If
<br /> s�:bstantially equivalent mortgage incurux�covenge is not avail�k.Borrower st�al!pay to Len,;,�r e�ch moAth a sum eqw�l.r,o
<br /> �ue-twolfth o�clie y�arly mortgage incuraao;premiun�being paid by Borrower wlxn the insuranoe cbverage L�pse3 or ce�se,d co
<br /> be ia cffax.I.eader will acc�t.use and retain tl�ese paynaeats as a bss ms�ve ir� lic� of mortg�ge insuraa�.r.. E.oss reserve
<br /> Form 3o�i 9t90
<br /> Vp�3 0!6
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