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<br /> �; �§, g� eP �ra�rty E�u�nce. Borrower shall keep the improvearents now existing oT herPnR:r etgcted an the
<br /> p�v�ecty Insured aga9nst toss by fire.hazards included tvithin tfts term'ex�nde�ooverage" a�d arsy o�r haza�ds.includinS ,.�k.
<br /> f[oods os tloodin . for which Lender reguires insur,u�rx. This ins2►mnce shall be maintained in the a�l�^�rs�#far the��riads ��-.�
<br /> �
<br /> that I.ender requires•The insuraace ea�ei P�viding the in5urance sha1�be chosen by Borrower sub}ect to I,onder s ap�roval �r:.;.:.
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<br /> which shall not be unreasonably w+tht►eld• If Borrower faiis to maintain coverage described above, Lr.rtder u�u�y. at 1.ender's �.<
<br /> �' �
<br />';� aptian.ob3ain caverage to pratax I.ender's righ¢s in the Propertg� in accotdance with parab�a.Ph 7.
<br /> AII insurance policies and renetivals shall be acceptable w �.ender and shall inclnde a standar�d¢ts.K�ciause. Lcmd°.r �'"--
<br /> sLall have the right to hold the policies aad renewals.If Lender r+equires.Borrower shall promgtly geve te�:ader a11 raoeipts of
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<br /> paid premiums and reaewal norices.In the event of loss.Borrower sha11 give prompt notice to the ia:�utarece carrier and I_ender.
<br /> Lender may make proof of iass if not m.zde pmrr�gtly by Borrower. -°-����_`_�`_`_'_".�
<br /> Unless Lender and Eorrower oihern+ise agmz in writing,�r�sutance Pmce�s Shall be aPplied to restt.�sre:rc or repair af the —_
<br /> pmpertyr damag0d.if the testoration or:epair is economically feasible and Lender's security is not lessened.I'f tP=e restoration or �Y____
<br /> �"' repair is nat economicaqy feasibte or Lender s security would ise lessened. the insurance proceeds sh�1d�e a��Ge�to the sums —_ --
<br /> , secured by this Securiry Instrument.wheEher or not then due, with any exce.ss paid to Borrawer. If Bti,�:'rower abandons the ��7,:,s:
<br />_ Property.or does not unswer within 3U days a notice froue Lender that the insurance carrier has offered to seale n ciaim,th°n y
<br /> L.ender may wllea the insurance pmce�ds- Lender may use the proceeds to repais or restor�the F-�;,�erty voer co PaY sums f �t'+;a
<br /> e is �`�°'
<br /> secured by this Securiry Instrument,whether or not then due.The 30-day period wi11 begin when the s�o� � --�--=`
<br /> ecu ed
<br /> Unless L,ender and Borrower othetwise agree in writing, any ap�T.�:�ion of proceeds tu Prir.cicul shall not extend or �"'��.
<br /> pastpvne the due date of the monthly payments referred co in par�gra{�:'s I and 2 or change the amaunc of the paym�ts• �f _
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<br /> . uttder Para�'aPb 21 the Property is acquired by Lender. B��rrower's ri��o any insutance policies and g:oceuls resolting fi�m �-r.,:
<br /> damat��to the property prior to the a�quisition sball pass to I.eu3er co t�e extent of the sums securec�by diis Secuti�sr Insiruae�at — _--
<br /> ���' immrdiately Qrior to the acquisition. �
<br /> 6.Ooeupaucs'.Peeservatton,Matntenance and Peo3ecdon of thQ tAr�pert�,Borrower's Ln�Appllcatto�;�ti�ds. r �,,�.r:
<br /> � Borrower shall occupy,establisb,aud use the Property as Borrower's p�..�ipal residence withi�sixty days after t��s execution of �,y,..-;:
<br /> this Secwity Im-tnament and shatl vontinue to oocupy the�operry as Borrower's PriaciPal res�dQnce for at tea�t�e year after
<br /> the date of occupattcy,wiless Lea�er otherwise a�rees in r+�iung,whic6 consent sha1l not be unc�asonably wit�id,ar untess �;,
<br /> ��u
<br /> , extenuating rircumstances exist wiucfa are beyond Harc�ma�u''s contral. Borrower shall nat destmy, damage aT imPa� �he __-
<br /> property,allow the Fraperry to deteriosstz. er c�manit cz�te oa cha prolsertY• Borrower shpll he in defanit if any forfeiture __
<br /> = action or prooeeding,w$ether civil or criminal.is begitn that in Le�zr'�go°d faith judgu�ent ca�7i�rESUIt in forfeitur�of th� �.�,:�'.
<br /> propeny or otherwise materiaily impair the lien creat0d b�t�is Sec�uaty Uosuument or L.ender's securiry interest.�srower may T�'
<br /> such a default arsl reinstate.as Provided in paragruu°�=3,by ca�'tin8 ihe action or praceed'mg to he dismissa3 x�?t�+a mling �`•':•,
<br /> � ar �r![..,.�*�r tAaterial
<br /> ' that, in Lender's good faith determination. precludss f�fraiture of ¢I;e Borrower's interest in ths PropertY
<br /> impairment af t�e tien created by tfus Ser�,�}+ Instrum{ent or Len��r's seauity interest. Barrower shafl also is��n default iT:
<br /> � $or�uwer,dur:n�the loan applicadon proce�s,gave materially false cnr ea�ccurate information or statements to Lender(or failed �.,�
<br /> � to provide I.ender with any m�eriai infomuanon)in connecaion wlth the loan evidenced by the Note,including,hut noi limit�d �,.
<br /> t�,,r e p r e sentations concemiag'�orrower's occ�pancy of the Property as a prinespal re�.�ence. If this Security Ir��riment is on a �F�ff:
<br /> ��....,_
<br /> • iea�eizold, Borrower sha11 eompiy with all the provisions of the teace. if Boaowec aeyuires fee•titlo to t�.% G'toPect7►. �e �,,,:N,,
<br /> ieasehold and the fee tifle shalt noi raerge unloss I.ender If Borro er fai�to�tf'orm the cavenunts ar.d agreements contained in
<br /> � ?.Protedion of Lender's Rights ia the Froperty Pe
<br /> ' t�is Security Insaument,or theTe is a tegal praceediag that may significandy affect Lender's righ3s in the Property(such as a _
<br /> p7pceedis�g in banlwptcy,prabate,for condemnation or•fatfastu�e or to enfo�e la�vs or regulations?.then Lender maY do and
<br /> pay for w6ate�er is necessary to protect the value of the Ncop�rty and Lend�y's riShts in the Praperty.l.ender's asiioas,nay
<br /> . Inclade payia$ any su� secured by a lien which has priotity over this Sea�rity Instrutnent, appeaeing in wurt, PaY�B __
<br /> . r�asonable 4�.mmeys'fees and entering on the Property to m�c�•r�p�s�e.Although�Lender may takc action uader th?s P�B�P& �
<br />� ?,l,eader does not have to do so. �_�_:
<br /> � � A�r amounts disburs�d by Lender undsr this F�B�Ph•�7�shh1U�b�cnme additional debt of Barrawe� s$cured 6y tlns �i,;,;,;.
<br /> '• Security Insuumsnt.Un;ess 8 orrower and Lender a g t�¢o othEr tvrms�of•�tsY�rauntr t�sese amounts shall beaz its��!est fmm the .r
<br /> .�'� .
<br />�� � ` date of disbursement at the Note rate and 5bn11 be�aryable, with�intdrasc.�uppn°nosice from I.ender to Eor��r req��a��$ ����
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<br /> ,�`���l S.Moi4gpge Insuiranc2.If Lender required mort��;e insnrance a�a wndit�on of muking the loan secured by this 5e�urity
<br /> �icaument. Borrower sha11 pay the premiums required �:o maintain the mortgage insarance in effect. If, fot«�y.reason, the
<br /> � u�urtgage insurance covernge requimd by Lender lapses or ceases to be in effeci.Borrower shall pay tlae pze�ia�a requlred to
<br /> obrain wveraga substantialty equivalent to the mortgage insurance pmviously in effect.at a cast substantially e�.�.�valent co the
<br /> E.-�,'�
<br /> • cast to Borrower of the mortgage insurance preti+iously in effect.frm an altemate mortgage insurer approveoi 5Y Lende�r�f _
<br /> ,. suhstantiaily equivelent mortgage insur�nce oove�agr.is not availaDle.Borrower shall pay to Lender each month a s:m eqaa�to �'
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<br /> � ` one-twelfth of the yeariy trtortgage insurarzce premium being paid by Borrower when the insurance covea�aBe 4�i or ceaseA to �._
<br /> � 9�o in effect.L.ender will accept.use and mtain these pa�ients as a loss reserve in lieu of mortgage insuratvM� Loss reserve ���;.;
<br /> � Form 302D 819C � `
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