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<br /> 5.�laYr�rd or Rr��caty Iasueac�ce. Rnr�a�aer clmll I;o�p thc improvements no�v exisdng or here.�fter erect.ed on the Froperty �
<br /> � insu��ed c�air�st loss h,� lirc,h�m�rds inaluAcsA ��ithin tho t+:�m "ext.nde�f cover�Bc" nnd eny at�ter hn�.npds,in�ludln� �loadv or �
<br /> Qooding,for�vhich I.endcr rcquires Insumnco.74�ta ins�mlttr.o si�ull ba mainta�t►cd in ihc nmounts and foe Uic periotts that Lendcr =
<br /> -. ` iGyuUas,l;,a insu,:�sc:.ca.`r:er a:nvldin�Iho l.�surr..nc.o Eh�tl M+chosen by�ohtiwe�subJ;,ct to Lcnder's ap�rroval:v�lch shall not -
<br /> " bo unreasonabJy withheld. If Aartowcr fatlt� t� msintnin cavi;rago descdbcd sbovo, Lender may. at t.ender's opUon, obtain _
<br /> -; � covcrego co pmtect Lcndcr's rlghta in tho Pro�►Crty i�i nccordrmce wtth parugr►�►h 7. -.
<br /> � All tnsuranco pollcies and renewnis shnll Ha occeptabl� tn Lcnder end shall inclndo e standard mongi+ga clause. Lender shutl
<br /> � � havo thc dght to hpld taa poflcies e��d re�iewals.If I.c;�icUs�r�uim.s,Ho�sro��cr shall prompfly givc to Lender nll rer,ein�q oi paid _
<br /> ,�,�:� premiums end renewal nodces.In tho event of loss,Bonrawar sh�ll give prompt aonc;e W the insurance carrtr�nnd I.ender.Lender -
<br /> may mako proof of lo9s if not moda promptly by IIonrrnver.
<br /> �'.� Unless Lender and Dorrower otherwiso agr�e in wrltinQ,ittsurance proceeds shall be applled to rastomtlon or repair of the
<br /> .��,'y°� p�openy damagecf,iP tho restoradon or repnir 1�eronomiesslly fct►sibin ond Lender's security is not lessened.If�he restoradon or
<br />- ;;� � repnir is not economically f�asiblo or Lendar's securlry woidd�n insszned,die insurance praceeds shall bcs npplied to the sums
<br /> • � �' '� • secured by thl4 Stcurity Instiumen� wiiett�eP�r nat then duc, wI$1 Alty CxCCSS p3fd W BOIm��1C..�. If Borrower abtu�dons the
<br /> � Property,or does nat nnnwer within 30 dnys n naticc�from I»ender that Ihe i�surancc carricr hr�s offered to settle a claim,then
<br /> ',^ ' Lender may collect d�o insu�nce proceeds.Lender may usa th�s pmceeds to rcpaix or restore the Properry or to pay sums secured
<br /> '� �� �� by�hi.g Securiry Instrument,whether or not then due.'I]�a 30•dny potiod will begin when u�e nodce is given.
<br /> _' •�-�'r•� Un6es�L,e�cler and Bo�rower othetwlse agre�s in vvridnB,Any ap�rlication of proceeds to prin�ca�al shall not extend or pnstpane
<br /> ="��;��•, the due date of tha monthly payments refemed to in p�grapha 1 ait�2 or change the amount o�at+a payments.If under paragruph
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<br /> _1� � ?1 the Propercy is ecquired by I,e�sder. Borrower s ri,�dt tn cury insurance policies and pmceeds resulting from damage to the
<br /> ''�;'`"�f proDe:ty pdor to the ucquisld�n sh�ll p�ta I.ender�t�ea er.ussti of the sums secured by rbis Socurity Instnimene Lnraecliately
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<br /> :�,.,r:�t= . prlor t�the acquisition.
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<br />_•..�� 6.(kcupancy�Presaxvwtlon,Nlattao�:nance And ProteM6nn of Plae I�roperty; Dorrowee's 1[.oan Applkation;I.easeho .
<br /> •,�--y;,s.� BArrowci sha11 occupy.es�abGsh�and use ih�Pcoperty es Bamo�ver"a principal residcnce within sixty days eMr Ihe eaccurion of
<br />;:���$r' `�'�� this Security Insixument nnd shnU continuo to occupy dir.1'mp�rtY es Borrower's�ruicipal ecstdcntx fo:stt leasL one ye�t_*a.ftu the
<br /> date of occupancy, unlnss Lender othozwise agre�sa ia writing, which canurau sheUt not ba unr�asonably withheld, or unless
<br /> :��r��;' eatenvntin�circumsta��ces exist whir,h aro beyond Barrowcr's control.Borrower shcdl not destroy.damage or impair the Property.
<br /> =.�__�s+ aUow tho Hrtope�cy to detariorato, or cammit waste on the Prope:ty. Bocrowu shall 6r, in default if any forFeidue actl�on or
<br />-__�°--;L,1'"�" procetding,whetha civil a crLninnl,L�bcgun Qmt h�Lendu's good faith judgment could nsult ln forfciture of the Pmpcity or
<br /> "'�"---- othawisa enateriallY imPair the lian creatad by Utin Security Inswment ot I.�endu's socurity int+eres�Bosxower may cure such a
<br /> �.4�.i default end reinstata� es providod in pnrt+�'r�ph 13. t��i causing thc su�ion or procading to be dLsmissed with a ruing that,in
<br /> L,ender's good faith detaminadan,pr�ludoa forfeiwm.of the Borrowcr's inutest in me Property or omcr mtu�rii�t i�uynu�iw+,�c,f
<br /> -_;�;Y;�;` � ihe lien created by this Security L»tniceaant or Lender's securit.+in��:rest.Bairower c�l nl�o ba 3n default if Borrower,d�ring the
<br /> -=-°—:� loan uppllcatlen process,gave mntaru�4D?�fnl�x:or iinaccurate inforeia��on or statetnents to Le�der.(or fei1ed W provtdc Lender wIth
<br /> _-'�=�' any materiul infarmniion) in connectIan wlth tho loan evldenced by the Note, including,but not Wnited co, representations
<br /> =a.� conr,erning Boiro�ver's accupr�ncy of tho fira�xny es a principal residEnce.If thia Security Instrument is on a leasehold,Barower
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