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<br /> S. ���3 or keep mp � tiqR���� ��.
<br /> Pro�pesty im�s�+ce. �arrower sliall the i mveueents aor� e�s t tai on the �-�.
<br />"'� � gra�ertY insureif a.�ai�sst tass by fire. �ds iact�det� within the term "exten�ed oavemge° and aay othea hnz�rds.inctudiq, �
<br /> fioods or fi9ading,for wPut�s Lender e�quires lnsurance.Ttt'ss iasurancc sh;ill be maintained in the amounts aad for the pertods
<br /> � that I.�nder res�aire.s:'Iii¢insur,uix carrier providing the insnranoe ahall be chc�sen by Borro�ver subject to Lender's approval � `
<br /> which�hafl no3 be unre�a�eabty withheld. If Boarower fails_tn m^�insain coverag�described above. Lender�ay. ut Lender's
<br /> �
<br /> . �.... optian.obtun covera�e tn prot�ct Leader's rights tn the Prop�rty in�ocordance wlth paiagingh 7. �'�
<br /> - AU insuranre policies aad re�?cvuals shall i�e uoce�tliole to Le�er and shall include a staR4aM mostg�e eJause. Lend2r (�°:-
<br /> ' s4�a11 have the ri�ht w hoid the poltctes und renewals.If Leader requires,Bomawer shall promptly�ive to Lxnder all receigts of -
<br /> �,;. pald premfums r�d renewap nodc�;.In the event a€loss.Botrorver shafl g,ive prompt notice to the in5urance canier an@ Lender. �.,_
<br />- -- Lens�r may ma�e pruof�f luss if nos�de pmu���ly by Barrarret. E—�
<br /> '�- UnIe�s Ix.astEr ead Eorrotiver oth«n�rise agrea in vfri6ag.Insuraace pmceeds shtill be applied to restor9iion or repair oP the
<br /> 3.,:,:.
<br /> Pmperty damaged.�f thc restaration vr repa;�r is e.conomiCally feasib2e�Lender's s$curiry is not l�,s�nad. If tha�torauon or -�
<br /> ' cepair is cot ecaaami�aUy fe�sible or I.emtea''s sesurlty�vould be tessen�d,the insuranre pruceeds shall he app�ied W tYte sums
<br /> s�red by tlus Securlty [osuum:nt, whexher or nut thea due,wits agy exoess paid to Borcower. If Bormwer abandows the
<br /> Prop�ty,er dars noi ansuea within 30 days a Qotice from Lender that the iasumnce casrier iias offered to 6ettte a ctaim,then �
<br /> Lends�may collect the insurance proeeeds. Leruier may use the praa�.�eds to repair or reswre the Property or to p�y sums
<br />' `�" ' secured by this Security Insbnuneni,whcthes or noi theu due.'I�e 3�J�day periad will begin whea the nndce is gir•en. �'
<br />,:;;'��% Unif�.I.erndez and Boxrower o3hetwise agee in writing;aay appiicatian of prooeads to principal shall not eixte�ci or �'`
<br /> po�tporte ttie due dzte of thr monthiy payments referred to in paragspl�s 1 an:!2 or ch2nge the amaunE of tha pay��-ts.if
<br /> �.�F ttoder paragra�sh 21 the Ptaperty is acqairzd by L�ier,Basrswer's rlght to atiy insurance policies and prat�eeds resutti�tg from -
<br /> . �,.am.zge to the Pro�r prior tu ths a�quisition shall pass to Lender to th�exteat of the sums st�by ttus Ss�;ucity Instrument �_=
<br /> immedsately�ntiar fo thr acquisition. . , �-"
<br /> . `:�' 6..Q ttscv*,ifi�svation,�?�a�ters�ttx and PaotecEtaa oY e4�e Pro
<br />:.,,�;: �. .. PeatY.Borsow�r,)7.ann Ap�atimn;I.�'�Ltts. '
<br /> Borrawer"��!�'1;c�lish.ac�?aise the Pragsrty�s Borrower's princigal r�den�e witAin sixry days after the exec�2nc�Af ---
<br /> thes S�uriry Insav�t;oa:l shall cantiaue to oacuQp cae PrnpErty as�nrmcvcY's principnl nsideax far at.tEast o�year� --
<br /> � . the date of accupancy,�n'�css Lendes atherartse agre�s in cvsiting,which conseut shall nat be unreasonabiy witbheld,as�.:nlc:ss —
<br /> " extenuating circums4ances exist whic� tue beyond Borrower's Ganuol. Boreower shaU aot desuoy,�damage or im��t tt�
<br /> Froperry, allow the Property to deteriorate, or aommit waste o;�c�e Propetty. Bortower shall be in default if any fo�'s�eitun �,
<br /> . . actton or proceeding,�vhetiier civil or criaunal,ns b�m that iss Lender's good fa�th judgment wotd resnit in farFeimre oF tha
<br /> ' Property or ottterwise materially impair the tien crG2r�by ttus Securiry Insuuanent or I.et�der's security lnterest.Borcower may =
<br />. cure such a default and reinscate,as provided In pa�isph 1�.by causing the acilon or proceeding to ha di�missed wtth a ruling —
<br /> that. in Lender's gaod faith detercninabion, precf���a€orfeitu�of the Borrowe�'s interzst i�tbe Property or other material `--
<br /> iatp�frav�4:uf the lien cr�tesl by tl�a�::�ecurity I�isuument os Lpader's security interest. Bo�eaaer shal! aLso be in default if "'
<br /> - Borruwer,;i�iuin$the loaa applicatioss�rt�ss,F,a�e materially ftu�orirxaccvrate iaformaAOfa:�iir statemenis to L,ender(or fa�e4
<br /> . • ta provide Y.e.nder with�•material irnformatioa)in oo�_._necaoa tivith the toan es�a�enced by the Note,including,but nwi limited ;��� �;°
<br /> � tn.representatinns oon��iiing BaTrowes'a orcupa�.�r�n�thY Property as a prin���residense.�If thia Security Instrument is ari a �::�:.
<br /> ' . tcasehald. Borrower sha�l'compIy with aIt tl�e g�ovisions of 1�� 2ease. If��rxower soquires fee title to ihe Froperiy„tht `��'�',
<br /> leasehald and the fee tifle�1 nat iaer�e unlrss I.eader agrees w.4h�.ujerger in.writiag. -
<br /> . 7.Pmtedic►n oQ Y.end'e�'s�tigbts in the Praperty.If F�rro�var tails w perform the covenants and agnecments contai�aed in ---
<br /> this Se�rrity Instmnment,�OY�tI1:Y6 IS 8 12$dI jfT�lIIg tI13t ty18}I'S)�11RCaI1tIj�B�fCt I.elldet'S 17gI7t3 lA tj14 PtOj1ClI�/(SIiC�1 88 1
<br /> p:oceeding fn bantwptsy,pmI�ate,�or condemnatlgn:�rc_[orfeiture or to enforce laws or ngalxtions),then I,eackr may du snsl ---
<br /> : ��ay for whatcver is neassa�y t�o prouct th�valu:oi�he Prap�cty,,and Lender's rights In the Propertgr.Lender's actions may �
<br /> ,: � . iitctade p}�yin� any sums secured by s lien which has priaritr:+�ver tfris Securiry iwtruit�tant. aP'Pzaring in caurt, paYinB �
<br /> .�:�, � reasonabfe attom�ys'fees and ent�sln�un the Property to malca:,qp,�T�. Alt�ougI�Lender m�`ielce aaion under thls paraqraph �_�
<br /> 7,Lender does nat have w do so. . . •
<br /> "Any amounis distraac�f Toy Gencter under this paragraph�7�shall 6eoas��_���itim�.!�deb;of Burra+�r securai•6y this
<br /> ' � Su�rri Instn�ment.Unt:����urmurer and L.enGer a . to othes terms of ,. � -
<br /> tY 8� PaY"��.thece arr,ouc�ts shali��r itrterest from tIie ..,: �—:
<br /> '.` �° date of�disbursea�ent at the Note rate aad srall be payabie, witli.interest,upon notice from Lender to Bon+nwer requesting � ��"�
<br /> � `� pay�ent. . . �
<br /> " ? • 8.Morigag$Ins�nrance.If Iander required mort�age insurauce as a condition mf�malang the loan secureQ hy this Securlry �
<br /> , I�strument, Boraower shalt pay the premiums r�egniced to mai�tair�the mortgage insurance in effxt. If, for any.reasa�n, the --
<br /> murtgagb irisurarice�cflvere�e required by Lender tapses or ceases ta be in effect,Borrower shall pay the premiumv required tv
<br /> �. ' obtain coverage sabstaatially equivalent to the mortgage insurance previ�usly in effect,at a cost substantially equivatent to the � �
<br /> • . cost to Bonower of ci�e mong.�ge insurance pteviously�in effect, from an alternate mortgage insurer approvod by Lendes. 2f
<br /> � substantially eguivalsnt mortgage iasurunce eaverage is not avaitabie,Borrower sha11 pay to Lender each month a sum eqt�.al to
<br /> "•:; ono-iwelfth of the yearty mortgage in,wnnc�premium hcing p�;d by Bornaccer when the insurazke coverage tapsed or ceased to
<br /> " �;t 6e in effect.Lender wiil•acCept,uso and retain these payments as a loss resen�in lieu of mortgage insurance. Loss ressrve .
<br /> �� Fotm SO�Z$ 9198
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