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<br /> 96- it�g344
<br />' S. 1i�rd or Pr.ipert�• Lisu.-�ncc. Borroxer shall keep th. inWro�rx�unis iww existin� un c�re;►ticr ercctud an thc
<br />: Yrcyxrt� inwral :�;u►ut lu� by tirc.hacsnis in�lu.kJ within the tcrm "extcnde:i rnti•errge" :�xl ru�y ahes hwuJ>, i��;3u.ti��
<br /> flcxri,rr il�M►�1in�, for w•hkh l.en.ier ra�uirec insurana.ti. This insur.uuc�hall Ne�nvntzinal in the�xwius snd fur the+p�;cuds
<br /> tFwt l.e�xk� n�yuircs.Tt�e iitwrrn��rarrier pm�•iding the iiuu�a�xti sha11 be chcucn b}- B�rrow�er subjert t�� l.crxkr'x �+r.�vd
<br /> w•hich sSwll �rx E+e wuz::cauiably withheW. if&irrou•�: f:uls ta �naintrin rover.�e dexribed :���e. Letxlcr m:ey, at l.etxiet s
<br /> ���u�.i�lx:ain a���e��ge to pru[cct I.enJer's riehts in thc Propecty in xmrdan�e with par.�graph 7.
<br /> All in�urunce poli:irs and renew�lc shall be nc:e{unble to l.encier and shall inelud�a�iu�tdard nx�ttgage dauce. l.ende:
<br /> shall!��•c thc right ro tu�IJ the poiicies�uxl rn►ewrlti.iF I.endcr�2.;uirz�,Bixrow���all ptum�:ly givc to Lc:ndcr�!i rc:ciptx of
<br /> paid prenuums an�i renc3u�x1 natices. In the even2 of foss.Barrow�r sh311 gi�•e pii�n�x tuuice to the i�uur,tna curier and Lc�t.
<br /> t.ender nwy nuke Qtnc��of tass if not ma3e pron�tly by Borrau•c:.
<br /> Un{css I.etlder and BcitmwCr otherwise agrae in writing,i�uurance proc�eeds st�all be applied to restoralinn or mpair of�he
<br /> Propercv dcunaEecl, if the restoration or repair is economically fcas.ible and[.endee's sxurity is noi lessened. If tho reut�miion or
<br /> repair is not c�eoncu�ue�lly feasible or Lender's scxurity w•ould tx: lassened,tiic insuran4z proe�ecls shaU he applic�d tu tl�n suuts
<br /> securod by this Security Instnmient, whether or not then due, a•ith any excess p:ud to Bomnvar. If 8nrrower abanJui�s the
<br /> Property,or daes rat answ•er within 30 days a nmice from Lender that the insurance carrien c�u offore�J lo settle a claim.tlun
<br /> L.endcr may eollect the iacuranee prooeeds. L.endor m:y use the proeeeds to repair vi i��ta�� tho Fro�xrty or to pay sumc
<br /> socured bp this Security Instrument, a�hether or not then due.The 30-�►y period will begin when th�noticj:is giv2n.
<br /> Uuless Lender wxl Bar�owcr ptherwise agrae in wricing, any application of proceala ro principal �ll not extend or
<br /> postpone tl�e due dAta of the nwnthly payments referred to in parrgraphs 1 and 2 or ctwnge the a�nount of the p�ymc�ts.lt'
<br /> under par,�gruph 2: tht� Property is a�quired b��Letuier. Borrowes's right ta any insurance policiu and psu��ceds resulting f'rom
<br /> damagc�to the Praperta prior to the acquisition s6a11 pass to Lender to tha eztent of tha sums secured by tlua S:curity Inswnx�nt
<br /> inuncdi�lcty priar to the acquisition.
<br /> 6. Oc�cupaocy,Prescrvat�oa. 11fuGitenattce and ProtecUuu ut the Froperty;Borro«��s's Lww ApplIcatiwr,I�e�eboltls.
<br /> Borrower shall octiupy. establish.and use tha Pt�prtiy as FS�in3w�r's prineipal residence within s�xty�ia.a aiier tS�eze.:.niiva of
<br /> this Security Lutrument and shall continue to accit�s}�tlie Pcu,-rzsty as Borrower's principal msidenca for;;z least one yrar atier
<br /> the data of oocupancy, ualess ixnder otherwise a�mcs ir�vrriG��, which consent shaU not be unreasoi��y withheld, or unlas
<br /> extenuating circumuances cxist which are beyond Bo•rrower'r, wntrol. Borrower shall nat destroy. darr�age or impair tLe
<br /> Propem�, alluw the Properry to deterior.ate. or commit waseu un the Property. Borrower shaU be in default if u�y forfeiture
<br /> xtion or proceeding,whether civil or criminal. is begun that in Lender's good faith judgment could result in forfeiture oF the
<br /> Propeny or oth�rv►-ite materially impair the lien creatal by this Socuriry Instrument or L.ender's security icuerat. Borrower may
<br /> cure such a default uod �einctate,as provided in para�.r.ypi�18,by causing the action or proceeding to be dismissed with a uliag
<br /> tt�at. in Leader's g�xxC faith determit�tion. precludcs furFeitute of the Borrowa's intetesi in the Property or oth:r matetial
<br /> im��lntu�t of the Iim created b}• qils Socurity Luirument ar C.c-��ier's security interest. Bchsvwer sl�ll also be in def-,�ult if
<br /> Borrower:cluring tho toan application process,gave materially f:clse or inacc�uate infom�ati��or statements to Lender�ur failed
<br /> to provi�ie i.ender with any materia!information)in connection with the lo�n evidenced by tf�Note, including. but not liaaiud
<br /> w.nqxesentations eflnceming Borrower's ocapuscy of the Property as a principal resiverroe,if ihis Secc;tity insuument is oa a
<br /> lessebotd, Borrower shsdl oompt}� with all the provisions oi the lease. If Borrower �.�,rGC fee title to the Pmgerty, the
<br /> lasehak!uad the fex tide s}�all nat merge unless Lender agrees to the merger in writiag.
<br /> '1 ��.��� 1 T J if! �.J��V..1L.. r.. D 1 �e �� f�i
<br /> ' - ��-i i�vw►�ww�w swaw�i wgiir w�wv.tv�ia.�,��1�a.��:vw..^i fii3w 2a�."�w.w'SB 2�'w C"'.r:�.a:: r..f.°.b"i"T� ^C: !`�'�. SS!
<br /> this Socurity Insuumuu.or tfxrt is a lzgy proaoding that may significantly affax lesYfer's rights in the t�ropeny(svch at a
<br /> pro�ceding in banktuptcy,probate, for oondemiiation or forfeiture or to enfonce laws or regutatioru). Wm I.endu may do aad
<br /> pay far whatever is nxessuy to ptotect the value of the Property and LencJer's rigltts in the Property. Lender's�ctions awy
<br /> include paying �ny snmc secnred hy � lit� which hac priority over this Securiry Instrument, app�aring in eourt, paying
<br /> reasonabk auomeys'fees and entering oa cbe Property eo malce repai�s. Aletwugh l�ender�y t�lce action unckr this paragsspb
<br /> 7.I.ea�der does not have to do so.
<br /> My �aaunts disbursed by Laxler ur.des thia paragriph 7 st�ll b000me addition�l dobt of Bamowu savred by thic
<br /> Sxurity Inst�ument.Unkss Borrower and[.eader agroe to other tertns of payment.thrse amounts sha1F,bear interest fro�n the
<br /> date aE disbius�aient at the Note rate aud sh�ll be payable. wit� interest, upon notice fx�m l.ender to Borrower�+eqursring
<br /> �Y�•
<br /> 8.Mort�nge Insurana.If Lender requirod mortgage inwr.ince ac a co�diaan of mn�Cing the loan secural by tBis Securiry
<br /> Inswn�eat. Borrowu shall pay the prerniums requirtd w maintain the mortgage it�urance in efi'ect. If, for aay tr.awa. tAe
<br /> mortgage insurrace coverage rcquired by Lender lapses or cca.ses to be ia effe+.-Q.Borrower shall pzy the premiunu requirod to
<br /> obtain ooverrge substanti�lly equivalent to tl�e mortg�ge insurance previously in effect, at a cost substantially oquivr.�eat to the
<br /> cost to Borrower of the mortgage insurance previonsly in effect, from an zlte�nate marrg,g�i�wrer approved by Ti.c�ader.If
<br /> sub.uantially oqnivalent mortgage inwrance coverage is not available.Borrowcr st�ll pay Ca F.ender each nwnth �sum equAl W
<br /> one-twelfth of the ytarly mortgage inwrarxe p[�emium bting paid by Borrower when the inurartice rnver.�e.inpsod or ceated to
<br /> be iu effax.I.enda�will accept,use and ret�ia t�ese payments as a loss reserve in lieu of mortgage in,u�x. Loss rcserve
<br /> F,oan 3Q.28 9190
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