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<br /> " S. ��8'lBPQ OP PPOpIIPtji IiII9UPBt1C0. �3arc��rer ehnll Iceep the improvement�now oxieting or herenfter erected on
<br /> die Prop�rty incuecd a6nin9t lusa by firo,hnznrde included within ehe term "oxtonded coveruge" nnd any other hazQrde,
<br /> . includina floods or flooding,tor which l.ender requires ineuranco. Thia ineurance ehall bo mainteined ir. tho nmo��nta
<br /> end tor tho peri�da that I.ender requires. The inaurance carrier providing the ineuranca ahall be chosen by Aorrotivor
<br /> - �� su'oject to l..ender's approvnl which�hefl not be�unreasonebly withheld.lt borrower iaile to maintain covere�e describec! �
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<br /> � ' • ;;�� above, Lander may, at Lendor'e option, obtain coverage to protect I.ender'e righte in tho Property in accordanc��vith `____
<br /> psra�raph 7.
<br />. . �•�� All insurance policies nnd rene�v�l9 ehnll be acceptnble to Lender und chnli inclu3e a atandard mort�n�e clnu��. �
<br /> . :p,� under ehall hsvo thc right to hold the policies end renowals. If I.ender requires, Borrawer ehall promptly give to _
<br /> :v,�..�..��, I.endcr ell receipts of patd promiums end renowal notices.In the event of lass,Banower ehall give prompt notice to tha
<br /> �; insurance carrier end Lendar.Lendcr mey mnke proot of loss if not mada promptly by Borrowar.
<br /> ��u..�,rra� Unless Lender and Borrower otherwise agree in writing,insurance proceede ehall be applied to c�storation or repair
<br /> of tha Property dameged,if tha restoration or repair is economically feasible and Lectder'A secu:ity in nat lassene�d. Ii the E
<br /> • �•� restoration or rapair ie not economically tessibleor Lender's e�ecurity would be�lescened,the insurnncz prooeede sh�ll be =
<br /> .•y,. applied to tha eume secured by this Security Inatrument,whether or not then due,with any excess paid to Horro�var.IP r�
<br /> ' � Iiorrower abandona the Property,or dces nat answer within 30 days a noti�e from Lender thet thv insurance carierr ht� --
<br />'-��`., ' ofiered to sattle a claim, then Ixnder may collect tha ineurance proceeds. L.ender mny use tho prov�ds to repa{r or =
<br /> ° restore tha Property or to pay sume secured by thie Security Instrument,whether or nat then due.Tk�e 30'dny psriod will �
<br />- -.�;. -
<br /> begin when the notice ie given. -
<br />`��.;,,.���,, Unless Lender and Bonower otharwise agree in writing,any application of proa�:is tm principal ehall not ox8,�nd or
<br /> =� ;,;,� postpone tha due dete of tha monthly paymento roferred to in paregraphe 1 and 2 or change the amount of tha payments.
<br />`"'"�`�'��� If undei paeagraph 21 the Property ie acquir�d by Leadar, Borruwer's rigiit to any 1t16UfAi1C0 pUSll.'idS Sflti �rocee�ls
<br /> •:_�.ti�,;fye.'.::
<br /> �► resulting irom damago to the Property prior tc�the acquiaition ehall pass to Lender to tho extent of t�ee su�ne r�^ured by
<br />�=�`",'.*�`'.�;�. • this Security xnstrument immedintely prior w tha acquisitton. —
<br /> ,: ;�. • 6.accup�ncy,Preservation.Main4enance and Pr�tection of the Property; Bonower's Lam�x Apg➢.rcation;
<br /> :__-,�..�� Le�aoholds. Bortower shell occupy,establieh,and usa tha Property ae Borrowar'8 principal residanca wathin sixty daye
<br /> �'`'i�� � afier the execution of this Security Ic�ctrumeat nnd sliall continue to occupy the Property es �onower's ptincipal
<br /> '"'°' residence for at least one year after tha date of occugwncy,unless I.ender othcrwise agrees in writin�,which consent ehall
<br />�_�%,.'.� no�t be unreasonably withheld,or unless extenuating circumetences�xist which ara beyond Borrower'a wntrol.Borrower
<br /> .:;:.,_;;�,� �hall not destroy,damaga or impair the Pr�pert�, ellow the Property ta deteriorate,or ccmmit^..�u:te on the Pro�se.rty. �
<br /> -- Boreower ehall bo in default if any forfeitureaction or ptocealing,whather clvil or criminal,io begun that in Lender's
<br />-�'��;�"� good faith jud�ment could result in forfeitures ot the Property or otharwise materielly impair th�lien created by thie
<br />_��� Security Instrumcnt or Lender's securlty interest. Bonower may cure such a deTault and reinsiute, sa pravidad in
<br /> -=•���7 � .., �-• ' ''-- �_ .•_ • , .. . o ,. , ,_�.�
<br /> -- - yiu6yCa�u ao, vy i.Btl&iiag ►�'i"v aG2ivi'i Gf yi'vGccuiug w w uietinietScu wiiu a ruling i.ttai, in t.Cnt�er a bGuu �a�u
<br />-=;r,'"�t'�� d�tcrminetion,Precludes fodeitura of the Horrorver's intosest in tha Property or other material impairment o�the li�n
<br /> ��=,-5'� crentod by thie Sxurity Instrument or Lencior's security intarest.Bonower ehall also be in dofault if Bonowesr,during
<br /> -���;,,::�.,.
<br /> -_-_-�;�� tha losn application proce5s, gave matecially fdse or inaccurate informatiost or statements to J.ender (ar feilad ta
<br />--- -__ provide Lendar with any msterinl informatiore)in wnnection with tha loan evidenced by tha Note�iacluding,but not
<br /> µ=� limited to,ropresentAtions concerning Bonotiv�r's occupancy of the Praperty es a principal raidenca. It this Soeurity
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