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<br /> Ia,SUraace. 8orrawcr shtill keep tke impiovements �ov+ existing or hereafter er�ted on the _'�,��£:
<br /> . � 5. Hn�.ard ar�rog�riy .
<br /> propzrty insured agninst lass by fire. d�s include�within the term "cxten�ed coverage" and any otiaer haz�rds. including
<br /> P
<br /> d for the�er�ads
<br /> floods or f[uurlin�.for w{uc6 Lender aequires insur�ce.'Fhis inswance shal�be�°��°A the a�►ounts ar. _
<br /> that Lend2r¢eqaieies.The issswance carcier Provldin�tha.insurazcco sha11 be ch�sen by Borrower subject to Lendes'S appraval
<br /> which sha�! aot be unrc�on�bly withheld. If Borrnwer faiis to main4ain covera�e destin�ed alsove, Lender may. at 1.ender's � rr'
<br /> option.oS�min eoverage to pmtea,�t Lender's cights in the Propetty in accordanee with paragraph 7. e�ause. Len�der .__
<br /> pll insurante policies and renewals shall be acceptable to Lender nnd sha11 include a atandard m��der a!1 receipts of +�'��,-
<br /> t!R`:.;_'r,.
<br /> shnll hav�the right to tcold the pnlicies and m,�ewals. If Lender requires.B e�rom�nuticelt othe insurance carrier and Lendee. ��3 _�_
<br /> _ p�id pr¢miums and renswal narices.In the e�ent of toss.B�rnwer shall gi p P I�"'�_`;
<br /> � l.ender may�e proaf af loss if not made promptly by Bosrowez. -_
<br /> ���s������y�q�e�i��ree in writirzg,insurance praceeds shall be agplied to restoration or repair of the i�ri�
<br /> . p�peyt�j d��maged.if'the restoration or repair is econom'sc�41y feasible and I.ender's security is not fessened.IP the r�staratio�os ���{,,
<br /> r�pait is nat econamicaily fe�sible os Lender's secvrity would be lessened.th�insurance proceeds sha�l be appGed w the sums ��,sp,_
<br /> see;ured by this Sec�rity Iastivneent. wh�ther or not then due. with any excess paid to Borrower. If Borrawer abanctong tha �_
<br /> ��.s=_
<br /> ��-�;,
<br /> property.or does n4t answer wit6in 30 days a notice from Lender thaY the ins�uance carrier has offered to settor totpay�sums �.�� .
<br /> [.ender aaay ooliect the insurance proceeds. [xnder may use the pmceeds to repair or restore the Properry i;v�_
<br /> � secure�i by this S�curity lnstrutnenT+whEther or not tIiea due.Th�30-day per�ad will begin vrhen the notice is given. ;
<br /> � lication of praceeds to principai shall aoi extend or ���'
<br /> Unless Ixader and Borro-�ver otherwise agi+ee in writing, a�ry aPP� ents. If s� �
<br /> pt�stpone the due daee of the monthly pa}r�ents referred to in pata$rapl�s 1 aad 2 or c6ange the amouut of the paym ��;m=_.
<br /> �nder para�uph 21 the Property is acquired by Lender.Borrower s right to any insurance pRli�ies and proceEds resulqng frv� s�
<br /> ��e���peny prior to the aoqu3sition shall pass to x.euder to she eatent of the surns�by d�is Security Instru�r�.�?
<br /> �. • imrmediatel�prFor m ihe acquisidon. Borrow���naa Applicatfon,I.eas�tes�'se
<br /> ;.. �,p�¢y,Y�reservaflon,Maiutenznce and Protedton of the Prot�erty; �:,:_ .
<br /> '.� i�rrawer�i�accupy.establish,aad use the Property as Borraveu's principal residenc�e�tFti��.uY daYs�the execvtio��f ��.--�
<br />..-�_j, `�as��•_�-
<br /> this 5ec�tc�y�uv��a�d sh�ll cont�to occupy the Property as Borrow�r's princ►Pa!rr:�,dr�ce for at leas�one yeaa�.,-{°rr —
<br /> t�e date crf.r,�mspancY,uniess I�rnler atherwise agc�es in writing,wlued eonsent shall not be u�asonably withheld,or ttvlr�ss ;�.��;
<br /> r extennac���+cumstances exsst which.are beyond Eonrower's aontrol. Bonower shtill aot destroy, damag� or irapair Uae =
<br /> pr�perty; a]1ow the property to deterio�ate.or oommit waste on the Property. Bo�rower shall be in defauls if airy forfeiture s��
<br /> actioa or p�n8•���civil or crimiaal, is beg�n that in Lender's gaod faith judg�nent cuuld result in forfeiture of the ��
<br /> _ t�eti impair ths{�en created bY this SecumY�smu�eni or Lender's savriry inteiest.Borrower may �-. -,_�
<br /> . Fro rty ar�utLeawls� �Y to be dismissed with e mJ3,�g ��"`.
<br /> � vided ia Qaragaph 18,by causing t3�e ac�tion or praoeeding
<br /> � cAre such si�d:�tic and n�iAState.as Pro � os other ma�s�xal s��
<br />::��_ �
<br /> t6at,�in I.enf'rr's gaod faith determination,Pr�clades forfeiture of the Bortower's inierest in the Pcsope�.y �
<br /> ;.anpaitment of tfie lien c�e�i by t€us SecuritY Insirument ot Lender's seauity interes�.��rrower shall also be in cl�l"�: �if� ��•-
<br /> pai men
<br /> . Tn�orrower.durin�the la�;�plication process�gave�terially false or inaccurate information or statements to Leuder(or.'�tle� _
<br /> , to pravide i;r�td�r with eny material in�ormation)in c°nnecti°n witb the Loan evidenc�d by the Nate,iaciuding,but not �Lt�,.t�d I�°;:.•-
<br /> " nF •
<br />.:r;h � . -to,m.�res^�.`.ons conceraing Horrower's decupanoy of the Prolx�l,'�..�.a principal residence.If this Security Iastrumetit S,:r;�a,a �1
<br /> ,:';.v�' '�:.ease=hala.�$�m.`?wer sJ� �omply �vith ail the provi�ions of the y�ase. If Bo�o�wer acqui.� fee title to the Prap�ia'��tf�e �---
<br /> 4
<br /> iease�ol�and�the fee titt�::��sq not merge unless Le�des agees w the merger in g � }.:.'
<br /> 7.Prutxetton oY Y.�a�er's Ri�►Ys in the Property.If Borrower fails to perform the oovenants and agreements oonwined in �r
<br /> this Secxirity lnstrament.ar there is a tegal proceeding that may significanily affect Leuder's rights in the pronerty(saC�..as a (
<br /> procCeding in bank�upicY.probate.for condemnation or farfeiwre or.to enforce laws or regalations),ttren 1.ender maY G4 a�d _ ,
<br /> �ay far w�atever is aecessasY to praxect the value of the Progzrty apd Lender's riIItttS in the Property.Lender's action,'�:�y' .
<br /> include in any sums secured by a llen wiuch has prioriry over this Securitg Instrucnent. aPPearing i° �°urt� ��ytnB 't=.
<br /> p�i'. S
<br /> � reasonabie attomeys'fee.9 aad eatering oa the Propeny to make repuirs.Althou�t►Lender may���on under tlus pa�a,graph ;���::-
<br /> 7.Lender dc►ees nos tiave to do sa. . . . • • �
<br /> 9
<br /> . tiry�;��pnt�Qisbursed by I.en�r�r;:u�der this pa.`agraph i`sh.�ll beco�e additional dd�'�of Bormwer secnred:iz`�,{this I�.-_
<br /> 5eca�rity I�ut.UNess Bomnwer�nd�Leader agree to other.t�rmsrs of p3yment,these .�ts stutll bear int�rESt t�s�"cho �—
<br /> Qate of disbutsesnent at�?."u�Note rate and shall be payable, with�inteiest,upon notick from f.ender to Borrower r�ting ��:-
<br /> . ��ayment. � ` � :
<br /> 8.Mg�".,�$e Imsurance.If Lender required mortgage insurence as a canait5r��f makin$the loam sacured by tbis:SecUriry —
<br /> Instiumczit::�l�arrawer shall Qay the pt�miums required to maintain tke mortgage insurancs_'i,n effest. If. fog any cea��, tLe . a_ ,
<br /> , mors�C�fi;t;tu.�nce coverage requirefi�f��,Lender lapses or ceases to be in effect;Bo.�rower sha11 PaY the p�emdums rc�r�linxl to --
<br /> ��jtain,�:��ge subsuuttir�'1y eqvivalem.to the mort�ge insuaance pievionsly�:ffett,at a cast substantially eqniva:��ro the �
<br /> .',:' , '. . i.;,sq tp$onpwet of•tii/��i�ortgage insuraace pneviously in effect, from nn alt�cmte morigage insot�er appm���by'�Y.cnder. If {�
<br /> � ��:�ubstaruiu�Rv.equivaler.t mortgage insurance ooverage is not avs'lable.Borrower st�ll pay to Lender each�v;t�#L..�s��n�1�tO �
<br /> one-twi{£t•�;��f the yearly rt�ortgage insureaoe Premium bei°g paid by Borrower when tho insara;.ce coverage tapsed o�a�ased w ��
<br /> be in eSfe�:'};.ender vrill.aCcept,uSe and m�ain these payments as a loss reserve in lieu of �n�rCgage insw�ance. las:�:nr�en+e �'_,
<br /> � .. . . � Form 3028 9hi0
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