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<br /> S. Har�or B►o�rty Ins�sraetcc. Bofrowcr 5hnli keep the impravcm�nts now existing or t�itcr���tlfe — _
<br />, Property insured agalnst los.g by fire.hazards ins�Iudod within the term "eate n d e d coverage" U l l d 3Gy O�I 1 C i�1 8 7.a T d 9. i n c t a d i n g ��__.
<br /> ` f�a�s ar flaoding.fur which Lcnher requir�s 9nsurartt�.'t`hfs insvmnce shall be maintained in the amaunts and fos the pertade �._�_
<br /> { � that Lendsr reguires. '[�e insuranc�carrizr pravidin�[he insurance s[�a116e chosen by Borrotiver subject w i.e�es's appro�sil
<br /> which shail nat be unreasonably w7tiih�fd. If 8oirower fails tv maintain c�vera�e described above. Lender enay, at Lehder's �
<br /> option.obtain coYera�c to protec[Lender's rights in the Prc�perty in accordance.vith paragraph?•
<br /> ' � All insutance policies and renewals shall be aoceptable to Ler�der and shali includ$a standard utortgage clause. Lender �' �
<br /> �` sha�l havs tl�,r.�.':t tc�e!d t:�.�,-�s,t'sci�sr,d r��..ls. if Le�Qer ret�uires,Borrouer shal!prorapdy give to I ender a!1 receipu of �..:_:,,�
<br /> paid preuunms and renev�al aoGces.In the event af toss.Barraucr shall give pnompt nniice to the' ��*aace carrier and L.eu�er. _
<br /> � Lender may malse proof of[oss if reot made promgdy by Barrotver. _=
<br /> ,`' Unless Lender and Bortower ot8erwise agcee in wciting.insurance precx�ds sLall be appiied to e�swrztion or repair of the --
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<br />;.::,;�s,` p�gerty�maged•if the restoratiaa or repair is economicalJy fe�sible aad Lender's security is not l�ssened.[f the restoratifln or .` -`
<br /> . repair�s x�m2 e�onomirally feasi'b!e or Lender's seeurity would�t�sened.the insurance praceeds s�al!t��ptie�r,a�s�x snms .W�_
<br /> sesured fi?�•�s Sesaaty Instrument,wheiher or aot then �:.°, with any ea�ss Qaid to Bonower. If�rrau�r a;�a��ns the
<br /> • Property.or dnes�aaswe�within 3U days a c�uti�from F.ens3er that th.�mr�rance carrier has affec�9¢v s�!�a c�.then
<br /> Lender may oolleca tfie insuianoe �roceeds. Le�d�s�:ay ase the procee�au repair ar restore tke ��ty cr e�gay sums —
<br /> � sscured by this Securiry Instcurn�2,wie�ther or aot r�a dur.'4'��30�day pe�iod will begin when the m�ti�:.is giv�. �"
<br /> Unless I.ender and Boaovrer ot6erwise z�ee in writ��g, �►y appliration of proceeds to pri��1 shall not extend or ���i
<br />� postpone the due date o�the manshty payments�erred to an p�ra�hs L aud 2 or cbang8 the a�of the payments.If - -
<br /> under p�a�aph 21 r�P�ogerty is acquir�by i�a3er.Bo.�u�es's right C�aa�inssrance pnlicies au3�mcezds resultiag from
<br /> ' clamag�to ehe Fraperty prior to the.acqaisition s�ll gass co i�ad.:s ta thz=�oY the suuis secared by this Security In�ssument ::
<br /> imm�r�rety prior w the acquisitioa.
<br /> ' �O,QD�wp�n�y,�t�vatia�,�S�aimte�ance an�Yrot�ir���Y the Peoperty,Boaa��gm=�t II�nan l�QplTcatto��#sat3s. �--��=-
<br /> � goimwer shall occupy,estz6lish,a�3 use the Property as Bg:^�r.a!�r s princi�ai resideu�e��n sixty�ays tifter tt�y�s�tion of . --_
<br /> :�s•�s. tv;s Sectuity Insuumeat and shaIl conpnue to as��-�y ths Property as Bers�'s pri�cipal residence f•4�-�least c�ia.sear after ;�}-:
<br /> %���� .• the date of occspancy.unless I�Er otherar�:s�rc:a in writing,which�o�it shaU not be unrea�,�;w-it�k�..�1.,.or anless - -
<br /> r•��..',s. � e.�terr�.2ting c�tms�ces exis¢ •rr.i'3i�ate ��a�3 Borrower's control. Borrawer sha31 not desvo�, d?�age ar.se:.:pair the
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<br /> . Pte�e�i�r.allow the Property t���rr�at_,G e:,�mit w;s'x an tbe P:apeity.Br�w�S�12IJ�CC LII�,iE'�IL LF^wL7,fV.,/�nFfC1LUiC 'g'?�`".
<br /> . as4io�:�`proceedins,w'�`.et��.�ccc��r cr.m�:�._�i�}.�^a�t�zs I.ender's g^��-;sr1i�•_:,�nent could�-a:�'::�r�c'C'�J��Qf the .. .��`'
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<br /> ,r ,. : Pr��em!or otheru+r,s���tly iL-�aiE t�a Ii:�i��a 6_n�ti.�.a gecurity in.,�r'va�s cr�nder's sec�sitt�a��t:t��r.rr��r�ay ::.
<br /> � �:��s.~,.:p a defaulL�rair�-tate.ss pravided ta�rara�s� t�.b�cansing tl��Edion oi�Ceedi�g to be dis�isse�1�ii3�.�zuling ;� : :'..
<br /> ���;. , �:C,;in�'L�ender's gaad faitls d�don, Prectudes forFeitut�of ihe Barrower's i��etest in.the Iaroperty ar a�n�r•�tcait�
<br /> impairinent of the lien created by•this Security Insmimer.t or�Ler.d:r's securicy inter�.Eorrower shaU also Ese i:�n�e€uuIt if
<br /> Borrower.during the loan npplicatian process.gave matetially false or ina�curate information or s�tatements W Lender(or failed
<br /> , to�rovide Lendes with an}r mat�rial inforau►tion)in connection with the loan evidenced by the Note. inciuding,but not iimited ,�::,..
<br /> to,representations conoeming Boraower's aocupancy of the Propetty as a principal residence.If this Security Instewnent is on a ,�..
<br /> � Icasehald, Borrower sha11 comply with a11 the provisions of tha lease. If Borcower acquires fee tide to the Property. the
<br /> teasel;old and the fee title sh�t}not merge unless Leader agrees to the merger in writing. e , ..
<br /> 7.Prote¢tian of Lendcr's R�g6ts ta the Y�ropeety.If Borrower fails to perform the cavenuiu and agroements contained in
<br /> , this Securiry Insuumont.or there is a legal proceeding that may signif�candy affect Lcnder's rights in�he Praperty(such us p �...
<br /> j proceeding in bandruptcy.QsoDute,foa condemnation ar forfeiture or to enforee laws ar regulattons).Wen Lender may do atd
<br /> � .r pay far whatever is nacesssry to pmEect the value of the Property and Lender's rights ia the Pmp,rty. l.euitet's eaions may �
<br /> f+� inciude payin� any g�ms sec,�red by a lien ahich hus priority over tlus Security instrument. appearing in caatt, paying
<br /> reasonatste attasneys'fees and entering on the.Pmperty to make repaira.Alttloug6 Ler�der may take aciion uadar this paragraph _
<br /> ���'� 7,Lehder daes aot havr to do so.
<br /> i; Any amounts disburssd by Lender under this paragaph ? shall become additionai debc of Barrower secured by tlus
<br /> ,� .� Secisrity 3nsuument.Untess Borrower and Lender agree to other terms of payment,these amaunts s2ialt bear inferest from the
<br /> , ,� date of disbu�sement at t8e Note rate and shall be payable.with interest, upon notice from Lendei to Eorrower requesdng
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<br /> Mortgage Lt�arance.If Lender requireA mortgage insurance as a condition of matoing the taan saau�l by this Security e
<br /> :�..' Inswment,$orrower shall pay the ptemiums requir�to maintain the m.�Rgage insurance in effeci. If. for nny nason, the —
<br />�� �-"`' mangage insurance coverage required by Lender Inpses or ceases to be in effect.Borrower shal!pay the premiums nquired to
<br /> �. '�,� � obt�in coverage substnntialiy eguivalent to the mortg�e ins�unnoe previousty in effoct,�t a oost substantially ec�ri�ztent to the +�
<br /> cast to Borrower af the mortgage insnrance previously in effect.�rom an altemate rwarnp��ge Insurer approved 6;�Lender. If
<br /> � substantialiy equivuleut mortgage iasurance coverage is not available.Barrawer shalt �y aa Lender�r month a sum equal to ��
<br /> . ;; ' on�twelfth of the yeariy mortgage insvrance premium beia�g paid by Borrower when a�e+nsur�r�e ow��sge tapsed or ceased to ��'
<br /> . be in effect.Lender will accept,use nrtd retnin these payQCents c� a loss reserve in li� af�mnrtgage insurance. g,ass��esecve
<br /> . • Form� 9J80 —-
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