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<br /> S. li�tnrt! ur Hu�rty lw.ut�tx'r. Ek�rn+w�r �tull �,h(+ Itk Illl�hlll`ilklll��1115K fCNUII� u� hercaftcr erecteJ an the
<br /> Pn�xn} inwrrJ uysi�t.t I�►r:h� tir.. huard; iiklud:d within ihe t<<in "Lrtended ruccragr" a�kl r�w iyltci{waiJ., ii►c:tu�liu� =
<br /> Il��.ls o�fl�wxli��},iu:wh�ch (.er,ckc ���'yui��. inwir�k�.TI►i�in.wr,ua:.iull tw nu�►iuiikJ in thc:u�H�wit�a�xi F�+r the prri�41. _
<br /> IFut Lctwlcr reyuir�.. Tlk in.ur.►nrr iatrirt' pru�i�lin�tlk �nwraikc .1u11 t+c clu�kn hy &�rn:w�r.ul}��ct t��L.ixicr'r approval =
<br /> whi�h.tull �w�1 tk ui�ra�u�iuhl} KithlulJ. li &�rn�wcr f�il.t�� nuin�uii� .tix�rr�;r Jcurit+al atxn�. larnkr �iu�. :U I.�:ixkr'� _
<br /> uptiun,�+tN•rin cm�er.y;c tu prw�tit l.ctxkr's righl�i�t tlk Pu�perly in:xcotyl.+ika with�+aragr�aph 7. —
<br /> All inwraixr p+►li.ir.;unl r��kw�l� .tul{ h: a::cpt;it+lr t4, l.�»+kr u�x1 �hall in:ludr a .t.uularJ nx•rtg�Fc rlauu. I.cixier �
<br /> �lult h+ti•.th.�rirht tc�hnt�the poli�ics:uuf renrw•al�. If l.etkler rtyu+n�, ki�ar.�wer�t�ll pr�u�iptl�gi�•c to icn.k�all ru�ipU uf =-
<br /> paid pmmium�:uxi r��xwal ix�tiar�. In�hr c�a►t ui'Iv.....Q��rr��w�r xhall Li��c pmmpt �xqice a�ttu i��.�ur:ukti csrrier:uul L.Liui�r. _-
<br /> Leikter nuy itiu:e pr.r�6nf 1����if r�:u a�;l: pnj:npt!y b}•Qurruue�. �
<br /> Unlc�s Lcrukr:ux1[iorrower�uhcrv�•iK•r�r�e in w•riting,insuraiuc pnx�ti�lc ahall tx:applied t�r���ura�io�i ne cepair uf the �
<br /> Properry d�i�al,if ttx cestoratiai�►r rep:iir is cyarumucaUy fcasiblc aiul I.cnder's cecurity is n�u Ic..k�ktil.lf'tl�e r�,toration o� _
<br /> rcp:►ir i� iwt erur�mically fca�ible ur Lc�xler's sccurity w•cwld be Ie��enc�l.�ha�insurznce pr�ecds sfwll hc�applicJ to lhe wnu �.
<br /> se�u�cd by this Saurity Itutrunknt, Whettur or �xu ti�cn duc, with uny excr�ti psid to Borrowcr. If B.�rrowcr at�andons thr �'
<br /> Propeny,cu dues iwt aiuw•er within�Jays a notice from Le�ukr ttut thv intiur;�xe c;urier has offcr�'d to setde a cl;u�n,then =.
<br /> Lender �uy cullect the iacurance prococci.. I.ender may use the prceeeds tu �cpa„o� �estorc thc Pmptrty or tu pay su:ns -..
<br /> securc�l by thi�Security Inctroment,a�hethcr or►u�t ttun due.The 30-day period will begin whcn thc notice is given. -
<br /> Unles.s LenJer aix! Borraw�er othen�•ise agree in wciting, ��y apphcatian oF proceeds to principal sh�ll not extend or
<br /> paclpone th�:due date oi the monthly payments refcrred tu in paragraphs I and '_ or rhangc the anwunt of thc; payments. If
<br /> under par.�traph 21 the Pmperty is�yuired by Lender, Borrower's right to uny inaurance pulicic�:utJ prcxeeds resulting fram -
<br /> dan�e to the Property priur to the aequisition sluill pass to Lender ta the extent oE the sunu secured by this Security Instrunaent
<br /> inunediately priar to che acquisition. :a;
<br /> 6.Oaups�acy, p'�eser+�tina,A'laiutenauce s�nd H�otection of tbe Property;Bo�rower's I.ow Applk�iuo; I.easeLoltLs.
<br /> Borrower sfialt occupy,estzblish.3nd use the Property as Borrower's principal resuience wiQuu sixty days aP.�a tht execut:on of
<br /> � this Security Factrument and shall eontinue to occupy the Property ac Barrower's principal r,>s3cf::nee for ai teact one year after
<br /> � the date of a.�cup3ney,unless Lxnder otherwise agrces in writing,which ooacent sl�ll not be u�masor�bly x ithheld,or unless
<br /> � extenuating circunutanoes exist which are beyond BarrowFr's conuol. Borrower shall not destroy, d:jn��e or impair tDie
<br /> Propeny,allow the Propeny to deteriorate,or commit waste an the Property. Bor.ower shall 6e in def;:ult if any forfeiture
<br /> � action or procceding. wheiher civil or criminal,is begun that in Lender's good faith judgment could result in forfeiture of tht
<br /> Propetty or oiherwise materially impair the lien cre�ted by this Secttrity Iactrument or Lender's security intere.�t. Borrower may
<br /> cure sueh a default and teinuate,ac provided in paragriph 18,by aa�sing the action ar proceeding to be dismissed with a ruling
<br /> ' that, in Lender's good f3i�detemut�tion, precludc� forfeiture of tne Borrower's interest in the Propetty or oiher macerial
<br /> impairtnent of the lien crcued by this Secarity Instzuezx.nt or Lender's securiri� interest. Borrawer shall alsa be in default if
<br /> Borrower,duriqg tbe twzn application process,gave n�alerially false or inaocurate infom�ation or statements to Leader(or ftiied
<br /> to proviae i�.�r with auy material infomution)in connection with the loan eviderx:ed by the IVote.includ'usg,but not limitod
<br /> to, represen�tions eo�iaing Borrower s oceupaney of the i'roperty ac�principal residenee. If this Securiry Inurument is an a
<br /> leasehold, Borrower sha➢� �amply wit1� all thc �1isions of the lease. if Borrower acquires fee tide to the Property, the
<br /> {easelwld and the fee titie sS�11 not merge unless Leudar agrees to the merger in writing.
<br /> _ 7. s�!..�:n�...!'l.nr1..�'�Ri_ht�ia tLe Pronerty.If Bornnwer fails to oerfixm the covenants aud a�rxct�u oontained in
<br /> this Socurity Instrument. or there is •a ie�:�E proceeding thaa may significantly affcct Lcn3cr's righis in tha Pr�eriy tse�ch as a _
<br /> � prooaeding in bardu'uptcy,probate, for condemiation or forfeiture or to enforce laws or regulations),then Lendet may do and
<br /> pay for whatever is necessazy to protect the value o€the Property and Lender's rights in the Ptoperty. L,ender's adions may
<br /> � includt p�ying any sumc secuted by a lien whic:►a tus priority over this Security Instrument. appearing in ccwtt, pzying
<br /> neasonable auorneys' fees�d entering on the Propcaty:W make tepairs. Although Lender may take actioa uoder this pacagraph
<br /> 7.Lender docs not h�ve to do so.
<br /> My zmountc disbursed by L.ender under this paragr.�pt► 7 slwU become additional �:�.�c o: Bcr�v�•er seeured by shis
<br /> Securiry inctniment. Unless Borr�wer and Lender ar�xee to other tern�s of payment, these arno:�ts s1�11�ear ituexest fra+n the
<br /> date of dislwrsenxrtt �:s�3e Note rate and shall tx.�aYable. with interest. upon notice from Y.ender w�B�rower roquestiug
<br /> . Pa3�at.
<br /> 8. 11Sott.gsge Iasuranee.If Lend�,r repuired mortgage insurance ac a condition of making the laan sexurod by this Securiry
<br /> Inst�vmeu, Borrower sl�ll pay :he �remiw�s cequired to maintain the mortgage inwr�nce ia effect. If,for any masoa, the
<br /> mortga��Te irscrdnce co��ge require�by Lender lapses or ceases to be in effect.Borrower sl�tI pay the prcmiams rcqucnd to
<br /> obtain co��erage subst��ti�tly equivalent to the mo�.�e iruurmce previously in effect, at a cost subst�ntially equivaleru to tlu
<br /> cost W Borrower of tF,� mortgage inwnnce pre�i�.Iy in effect, from an alur..ate mortgage incurer agpmved by Lender. If
<br /> ' substanLills equivalent cnortgage ias�ce coverage is not available,Borrower stiall pay to I.encler each month a sum equal to
<br /> one-twelttt,�o'�the yearly mortgage icta:r.ssce premium being paid by Borrower when the irts:r�.yoe coverage lapsed or ceased w
<br /> be in effea.Lender will accept.use aiaf retain these payments as a loss reserve in lieu of murtgage insurance. I.oss resr.rve
<br /> Fo..��3028 QJ90
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