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<br /> 5. �inz�►r�l oi• !'roEic�ty Im�ui�n��cc. f�urrowcr sholl ka:p �hc Illl�)t'l1VCA71;nt5 m�+��in�; an c�rc��l�tcr crci:tcd un thc -
<br /> �'rupc;�ty i�isurcd n,n,aintit luss I?y fis•c, huru�il.r inrluiicd wlthin �hc tc�•n� "��xteiedcd ��.�vcri►4c" ++i�d :wy uthcr li;i�ards, In:luJin}� _
<br /> flouds or flaixlinp. Por whJcb �.cndar rcc�uires insarancc, This insurancc shall h:m„+in:•t.fyv;d in tl�: umaunts i�nd fnr thc perlod��
<br /> tliat l,cndce rcyuircz. Tl�c h�surancc cn�ricr providin�thc insurnncc sh�ll b;clioscn by k3arro�vcr sub,�cct to I.cndcr's npqrm�.il
<br /> whfcb shnll nc►t bc unr�asonably withl�cld. If f3nrmtivcr I'n,i�a tc� iu}�int�iu c��vc:K�igc dcn�:c;hcd :�hovc, l.cndcr may. nt le:ndr,r's
<br /> nption,obtuin cuvcru�c�o protcct l.�ndcr's rights in thc Prapr.rtp!n,.►�cordsu�cr. a•ith s�ar��g�aph 7.
<br /> All h�sur;uice Policics n�td renewals shnll be��cceptable to 1,c�Ntcr�u�d nh;�ll in.l�;d�a stand:xrd murtgage claut;c. I.end�r
<br /> shali havc thc right t�hold thc policics und rencwnl5. If Lender requires, Horrawer c;haH pcamptly sive to I..endcr nll receipts of '
<br /> paid prcmiums and rencwal noticcs. In tho event of loss, Barrowcr shall�;ive piom�E noci�r,tc►thc insurrancc carricr:tnd l.cndr.r.
<br /> I,ctidcr mny ntuke proaf�f loss if not madc prompUy by Barmwcr,
<br /> Unlcss Lcnder and Borrowcr otherwlse agrce In writin„�,1n5urnncc procew.ls shaJl b�e upnlicd ta resu�ratinn�r ccpnlr af the -
<br /> Proherty damaged,if the resturatian ar r.:pair is economically f�zsiUlc flnd I.end.er's socue•ity is not lessenal. If the restoration ar
<br /> repair is not econamic�lly fe��sible or[.ender's security would be le:;r,enr.cl,th� insurnnsr. y�rn:c�eds shaU be nppli�:� ra tha sums
<br /> securcd by this Sccurity Ins�rumcnt, whcthcr ar not then du,. �vith nny cxcr,s,p�.id to ilorn��s,:c. lf dorrower nbundm�s tho -
<br /> Property, ��r does not nnswer wi�hin 30 dnys u noticc tmm l.entitex th3t the insumn.+:c+irrief tx3s affcred to scutr,n r.lnim. then f
<br />� [,eudcr�n�y collect the insur�nce proceeds. Lender may use the procec,ds to re�.�.nr os rcupre the Property or to pny sums
<br /> �ecured by this Sccurity instrumcnt. whether or n�t thcn c1u:.Th�3Q-duy perinsl u•1E1 U.'�i�,w�icen the notice is givcn.
<br />' llnless Lendcr and I3orrowcr otttcr�visc usrcc in wi•idag, nny applicatian of prcr.�cds to principal shall nnt extcnd or
<br />' postp�ne tt�e due dat�oi' thc monthly pnymr.nts rcfcn•c.d to in pnmgmphs I uFU12 or cL�angc the amount of tho nnymente. if
<br />� under partigtaph 21 d�c Propr.rty is acquired by Lendcr, Borrower's rifiht ta juny ins�.ttnn:�r policies and proceeds msulting From
<br /> dnmage to tlie Propeny prior to tlie acquisttion shall pass ta Lencter to the extenS of the�`umy secured by this Secunity Insttumcait
<br /> itnn�cdiatefy prior to thc ucquiLition.
<br /> 6.(keupancy,I'ctservAtton,Aiulutaattuce r�nd 1'rotcxtlon of tl�a Pm�tieet.y;{3arcn��c•er's I.t►an Appllcat[on;Ia:aseiiold�.
<br /> Aorrow•er shall nccupy,establish,und ure dio Propeny as Horrower's.princip�l rasid2t�:r.within sixt�days after tho oxecutian of
<br /> t6tis Sccurity Instnuncnt�nd shnll contlnue to occupy thp Propeetp ns Rvrro�veR's prini•ipal residcnce for nt Ieast ona ye2r nRcr
<br />� tfic uate uf occupancy,unless i.cnder othcrwisc ngrc�:s in�vriting, wnich cans�nt sM3.il�not be unrcason�bly withtield,ar untess
<br />� �*ctenueting circumstanaes exi�t which are beyond Hors�a�ti��er's wntml. Hurro�tir.� siaa.0 not destroy. damage or impair tl�e
<br />• Pro��erty, allow the Property to deteriucate, or coinmit w;sst�on tha PraF;rty. Bra•rowcr shnll be ln default if nny forfe;itu��e
<br /> nctior or procecding, whethcr civil or criminnl, is beg��n that in I�cnde�•'s�o�htith judgmcnt could result in forfciture of tho
<br /> Property ar othc�wise materially Impnir the licn crcat�d by this Securiry Insuue�tr�nt or Lender's sccurlty interest. Aorrowcr mny
<br /> eure such a deSault nnd re:instate,os providai in pan��mp�o lQ,by causing th�xr.�3c,r�or p:oceeding to be dlsmissed wltl�u eulin�
<br /> t°�,�t. in L.endcr's ga�d faltli dctcrminatian, prccludes farfcitum of the Bc�rrowrr's interest in thc Propeny or othor matcrial
<br /> �.impairment of thc lien crcatcd by this Sccuriry Instru»�eiit or Lend�s's security intc►�st. fiorrower fihall nlso ba in dePnult if.
<br /> �orrotver.during tfre loun application proa'ss,gave muterinlly falso or inaccunt�n tnformation or asa'tementF to Lender(nr faU�td
<br /> to provide Lcnder with an�n�t►tcrial informrt.ion)in connecttm�with ah�:ln:ut.cv4clenccd by the Note,including�but iwt limitud
<br /> ¢o,representationw concerninp Borrower's uccupancy of thc Pt�}�rrty as n p�irr.r.lrr.1 rss�;dence.If this Security ii�strument is on a
<br /> ��o�t�old, 3ormwcr shall cnmply with nll thc provis.dons of th� lease. If.•�amnv�cr ncquires fce title tn the Propeny, the
<br /> . lensehold and thc fae titic shall not merge unless Lender agroes ta th�+merp�r in,w�iting.
<br /> 7.Protectlon ot l,en�ier"s Rights in the Property.lf Bi7rnowee fnlls�ta pq�turm the covenants and ugreemente contnined in•
<br />, thi9 5�xurity Instrument, or them is n Ie�;al proceecling that mxy si�niflrnn'ly+•affoct I.ender's rights in the Property (such a� �
<br /> proceixling in bankruptcy. probsite. for condemnation onforfeituro or ta esztarmc I�ws or regulations),then LenAcr�nay do end
<br /> �ay fo�whatever is naessary to pratect the value of�th�Pro}rrty�rr�I.x�r.",trr'F ri�hts in the Property. Lendar's Hctions may
<br />: include payfng any sums socured by u lien which hii priariry ovGr tt��s��X.�c:uTity Instn�ment, appearing in couK, payinQ
<br />: rusarwblc ettorneys' 6etw s�nd cnterinB on�ris Praperty to mtke ro�aarF.A.Ptli�w�gh[.ender may takc uction under this paragrnph
<br /> 7,l.,erder das not have to do so.
<br /> Any anx�unts disbur.x�cf by I..eixler uti,acr this p:�r:�3mpl��7 sl�tll.l�rcr>m:additionul debt of Bonower s�ured by th[s
<br /> SeCUdty instrotment. Unlcss 13orrowcr nnd Lcnder agtin�cn otha•r tc�nz of�p�p•,nent. thace amounts sh.zil bcar intnrest from thc
<br /> date of disbunemcnt et the Nute rate and shall bc hay5:�3r, w;th.intar�;ix�:«;aon notice from I.eexler to Borrowe•r rcqucstin�
<br /> payment.
<br /> S.Mortgage Insara►nce. If Lc�xler requircd nwrt�:�gp insurur►;�r a��a�a�ndidon af mnlcing the laan secur�d by diis Sa:ur+ty
<br /> InStrument. Aorrower sliall puy �he prcmiums rcyuirat,ta rrxiin.Y!n�tirn�n�ortgage insurana iei effcct. if, for any nason. the
<br /> nwrtgag�insurance covcrugc rcquircd by L.cr►der lapscs vr•ma5cn to f�z d���effect,k�c�aower shall pay ti�c prcmiums reyui�d t�
<br /> obtain covcrage substantially c,quivalent to the nwngage itnum�.r,e�,aa�+�tr,�sly in cfCc;ct,nt a rost subswntially cquivAlent tu the
<br /> cost w Banrowcr of thc murtg�gc insurance previously in cfftct, fr�xai•un altcrnate mortgegc insurcr apprnvod by Lcixler. Cf
<br />_ substantialty a�uivalent mungagc insurancc covcragc is nct o*�;�f3�L�Y�.(3arrower shall pay to[,ender each manh n sum�ual to
<br /> one-tweltth of the ycarfy mar��Age insuraiwc prcmiar���in�,pa(d by 6orrower wh�»the insurance cuverugc lapsal or ccascd to
<br /> bc in effcct.Lemicr will ucccp;t,ase nnci retain thcsc�.�iy�n:d,:s u� a Eoss rescive in licu of iuortgagc iusur.uxx:. Lc►ss resc�ve
<br /> Fonn 3028 8180
<br />;�+ Pepe 3 010
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