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<br /> 5. ![.uard or H�u�.rty insuruuce. lk�rtow�er sh311 ketp ttu itnpim�enknts aaw existing o�herratter erected on cnc
<br /> Prc�,eny i►�surr.! ��ainxe lac.�by- firr, hac:uJs iiutudeJ wlthin the rerm 'exten;lod co��rrage' xnd any othzr hazuds, ipcludin�
<br /> ' Ilac�or 41o�lin�, for aAich l.esxi�:�requi�es inwrance.This insuruu:e sha11 De m:�intainal in the amounts and far the periacls
<br /> �hat l�eaier reyuirai.'fhe lnsuraucr c.arrie:pruvi�liny the insuran►:e sh:ail be chosen by Borrow-er subl��to L,ecuier's �pprav�!
<br /> wDlch iQa�l e.ot be utueasoaably witMeld. !f 9orrou•er fils to auintsln co�•er�e descrii+ed abov�,Ltndtr snay, at Lender'�
<br /> �tioa.abtala caiva�a ta prot�.t L.endtr's ri�hts in the Pr�perty ia accor�isn,ce wi�L pa.��ra,ph�.
<br /> Al) iusutau�x policies sod renewalA shall De acce�table to L,encier and sh�l! ixludc a scandard mortgage clause. Lender
<br /> stu�ll have tt�e�i�h�t�hold the policies aAd resxw�ls.If l�nder rcqufres,Bocrower sball prompdy give to L.ender�ll texipts oY
<br /> paid Premiuou an+l reuew�l uotica. [a the eva�t of loss,Borcower shall rive prompt a�tice to the insurauce carrisr snd Lend�r.
<br /> O.a�der may rmlce proof uf lcua if nat�iude protup¢3y by Bortawer.
<br /> Ualess l.�nder And Borrower cut,er�vise agree in writlag. insurancc proccl.ds sl�il be applied to rrstoration or repair of the
<br /> Property dusu�ed,if the rtstoruion ar npair is ecanomically feasible and Leader's ucwi►y is not lessenecl. If the mstoratioa ar
<br /> m�+ir i,�not ecc►�x�micnlly fr�slt+le��r Lrnder's sscuritp uoul@�l.�sc.-s:,3,uw ias-.um:.;,pm:.,.:.�:. shsl! �appli�l to she sums
<br /> seeured Dy [hi� Sdeuriry Insttument, wbetbu or not thea due, with aay excess paid to Borcowec. If Borrower abaudons tho
<br /> Pcopaty, or does not u�swer within 30 days a notla fmm l.eader chat ttu ins�uar�ce c.arrier @as offered ta settle a claim,th�n
<br /> l.etuler may colltct the iasuraace procads. l.eader may use the pract�ds to repalr vr restore tlie Properry or to p�y sum9
<br /> tecurod by tWs Socurity Insuumeat.whethu or not tlua duc.The 30�:y pu-iod witl0egi�when�e aQtice is givea.
<br /> Ualess l.ender wd Borrower othetwise �ree in wridng. anY :.�Pllcatioa of ps-aceeds to priacigal shal� u�ot exteod or
<br /> postpoae the due date of thc montLly paymeats refernd to in paragrapUs 1 aaci 1 or cL�uge tl�e auwuvx of the pay�nts.If uuder
<br /> paragsaph 21 tlie Property is acqv�tr.d b�� Leader. Borcower's rigiir t� aay iusutyooe policies;u.rd:�*nacc�eds resul[ing frcrux
<br /> dausage to tF�e Pcopecty priac ta cDe acy,uiaiciuce s6aJ.l Qacs iu L�euter u��s;c ezteat ef dx�ms se�c.ucv�i�l*� dtis S�csuri.Ey� Insuume�u
<br /> e�mv+�riiatrjY priOt SQ Ib�L'aCQili.C117AII.
<br />, 6.Ooeup�sey.R��vaRWYSti,�f:zi.�xuu,ce aad lA!oicection of t�r�periy: Lbocu+��s'���+�p�ttcutf�yr:C,c�e�tiri�.
<br /> gotrower shalI occupy. �ta�lisl�.s+:�i�c:rL:I�v�rty as Borrower's p.:a::�7 resi:.;�:.�u�i�c�sext�:da�}s aiter c:,e�cecu!iva aC
<br /> this Security t„�rnnnnnt auci s5.:t[�vntint::v` ll�k'llpy CIlC PtOjKit}/ iS F�1'TJ�L'C[S pilII:.t!?33 ft.Sla'�:.�:fJP AZ IP,ZCI OI1e}+f3f�i
<br /> the date of accupancy, unless lfender whera�se�gnes in writing,w'b]CA CO21SCOI S�Z :�ot'be iuue3.wnably with3ield, or ualess
<br /> ezuuuuiag circumstances exist which are tK}�onel 6�nower's a�nual. Borrower shall not destroy. damage or im,pair �e
<br /> Property, allow the Property to cleeteerioratt, or commiQ w�te oa the Property. Bortowu shall be in ckfault if�ny forfeitune
<br /> actioa or pmceeding,w2►etha civil or criminF,t,is begun that in LeAder's good fauth judgmeut oould result in forf�itwe of tt�e
<br /> Property or othetwise materially impair the lien crrated by this Socurity Instnunent or I.mder's cxudry interest. Bormwer may
<br /> curo such a dofault and nlnst�te,as provided in puagraph 18,by causin�tha actioa or procading to b�disailued with a niliq�
<br /> ttws, in I,eader•�a Qood faith deutminatioa, praludes forfeituro af tht Borcower's intettst in tLe Propercy or othtr material
<br /> impairtneat of the lim crc.ated by this Securiry Inst�u�cu or Leader's security inurest. Borrower ahall also be ia default if
<br /> Borrowsr.durin�tde loan application prxess.�ve materially faLse or inac�ctirate intorrnuioa or ttateme.ats to l�ender(or fa'sled
<br /> to provide l�,r wich aoy materW informatioa)ia conaectioa with the lou�evideaxd by the Noce,includia�,bw aot limitxd
<br /> to.re�amtstioni coacernia�Borcower'�oxupsocy of the Property as s principal teiidma. lf this Securiry(nstnta�eat i�as��
<br /> leau�Old. Botrowrqr�hall com,piy witb all tlse provisioas of tbe lase. If BomoWer ocquirea fee title to the Pr�pa�y. the
<br /> ka�ald sad�sc fx tisla�ssl!cot mer;e unlaa Les�der aErea to the mer�sc in wrid�. . __ _
<br /> 7.Pe+utectjoa of I.ea�'�R1,�6ts Ia the Pro�aty.If Borrower faits to perform the coveaaats aad agreemeat�oonuineQ ia
<br /> thL Soauity Mt �,•,•+,•�or there is s kgal prooaeding t�at may signific�nt�y�ffoct L.ruder's rights ia tbe Proper�y (wch as a
<br /> praooedir�g in baakniptoy, probate. for coad�emostioa or forfeiture or to eafotce laa�or rcgulatioas),thm I,eackr may do aad
<br /> WY for arh�va is neces,sary to pmtxt the v�lue of tbe Property iad l�ender's rights in thc Propary. L,eader's�ctioas may
<br /> iaclude payia� aay w�s sauzed by a liea n�hich has prioriry over this Securiry =*•�•,�+*+�^, app�uia8 in cowt, WY�B
<br /> ressomble auomrys'fea aud eateri�on thc Ropesty to maYe repairs.Although l,cada mzy t�tce xtioa uader this pu�gnph
<br /> 9.Leader docs not have W do co.
<br /> My amonats disbnrsed by L.eader undu this paragraph 7 sball become addicional debt of Borrower secured by this
<br /> Securiry iasuuma�t.Unlas Borrower aud Lender agrce co other unns oF payasene.rti:ae amor+++� shall bear interest froro the
<br /> date of disbnnement at the Note rate and stull be payible, with iaterest. upon w:�.x from i.eader to Borrower rcquestin�
<br /> WY�.
<br /> 8.Mort=s�e Y�na.If Lender requirod mortgage insurwce�a condition of �IcinY the lclan securod by this Security
<br /> LaSt�umCUi, Bat'cowti sI»Il p1y 113e plemiu�requittd�o ma9rra�n ttst mortgage iat�1'�uce ia tf'[OCi. If, fo��ny re�wa. tToE
<br /> mottgage iasuraace ooverage cequired by I,eader lapses or ceases to be in effxt. Bem�wer shall p�y the premiums required to
<br /> obtain oova�ge•„�H•��s�lY oquivalent to the mortgage;��,,,�•,,Y prcviously in offxt,at a cou aubstaatially equivalent w tbe
<br /> cost w Borrowa of tLe mortgag�insur+ssoe�mviousiy in effea. from aa a]temau raortgage insura appraved by I.eader. If
<br /> substsatialIy equivakat mortgage ias�uaaoe�+�er�ge is not av�ilabk.�Bomowa sts�U pay to Laader e�ch month a sam equal W
<br /> one-twdit8 of ttu yeuly moag�ge�*�premium bein,g paid by Borrower whea the insurance coveragc lapsod or cezsed to
<br /> be ia effxt.L,eoder will a�ccept.nse and retain these payments as a Ioss reserve ia lie� of mortgage insuranc�. Loss raerve
<br /> Form 302s 9!'!0
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