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<br /> � 'ra'� a�t.i►!a !S. .� .1L:��� . . ."_
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<br /> ` , d��'�� ~ S. Haiatd or PropeKy lacue�nce. Borrowcr Fhull keep the impmvemema now eais�ing or hercafter erected an the — _
<br /> � � -� t Praperty in�ureJ ngoin.rt I��sv by Pire, huiArd�inrluJeJ within�hc �crm "cxtcn�l�nl cuvcru�te" and any u�hcr huiurdx, irK:luding �.�.,�;.—..—
<br /> ' tlaulti or Ilaxling,for which l.cnder rryuirew inw►uncc. Thiti in�urunrc+hull Ix muintuinrJ in the unx�unt�unJ li�r dic perf��lx �''`-=''�`�``"'.�..
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<br /> ` � '���• thui l..emier requires. 'i'he inwrunre currler �rnviJing the in�uruncc+hull I+e chuxn hy Horrawcr .uhject tu l.enJer'+ upprovul �_x_._�___
<br /> � �,. which �hull not t�e unreliumahly wi�hhrld. If[iurrowcr I'uil, to niaimuin r��vcrogc dc�rrilxJ uixwc. l.cndcr muy, u� tAi�lcr's __ __—
<br /> �( .. : ,„�=�x"` ' npdnn.oMain coverage to pmtcct l.eiuler'� right�in the Proprny in urrorJanrc wilh puragruph 7. �---
<br /> All insurancc��licic.und rencwul,�hull hc ucccptablr tn IsnJcr unJ +hull includc u �tund�rJ nH�rt�ugr rluuu. lxndcr �.r��".�:--__
<br /> ` � ' xhall havr thc righ�lo huW the�licics und renewul�. tf L.cndcr rcyuirc�. �rruwcr�hull promptly g��:ta lAndcr ull rrccipt�of ��.�'�
<br /> - paiJ prcmium,and renewal ncticeti. In the cvent��f Ir... Hnrr�+wrr,1��::1 give pr��mpi notice 1��Ihe in�urunce c�rricr and l.ctuler. �`°�,____
<br /> • �_ Lendc:r muy nwke proof oP low if nut maJe pn�m�tly hy &+rruwer. -_ -
<br /> '� • Unlesti Lendcr und Bc�ROwcr�nhcrwi��ngrce in writing, inyurunre pnx:ceJs�hull he upplicJ t�� retiioru�iun or repuir�►1'the ---�----__._—_
<br /> �. Pra�x:Ay damAged,if the restoration nr repuiris ecunomicully i'eusible and l,ender's u�rurily i�n�H Ie�+¢ned. If the rer�u�utiun ur �"L�_,�:�t�.:��=
<br /> •• _t' repair In nat ec�oamicully feuyible��r l.cndcr's ,erurit� w�iuld be len�ened, the inzurunce pr�xeeJs shnll ix:applicd���the,umr =�, __
<br /> . �' , ' secured by thix Securily Instrument. wheiher ur nui d�cn duc, with uny exce.� puid tu &�rcnwcr. If&irrnwer ubandonr the � •�:-�.�•��.
<br /> � Propany. or da:s iat �nhwer wilhin?0 day�+i nolicu from I.�nJcr�hat the inwruncc curcier has offer�d tu,etUe u clrim, then
<br /> , ' � ' i.emier may callen Ihe insuranc� proccalti. l.�ndcr may use thr prixeeJ� �n repuir or rest��re the Property �►r to pay +um� �•'.•-��-�^•- ~,
<br /> ' . Fecured by this Security latitrument.whelhc�nr not then due.The 3U-duy pe�i��l will txgin when the noticr i,given.
<br /> ' � Unless L.cnJer and &�rrower�nhanvise ugrec in writing, uny applicution nf pnxecds to principal +hall not extend or �`
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<br /> f. � � , postpone thc due dute of the monthly puynunts refeRed io in p•rragruphs 1 and ? or rhangc the am�wnt nf the paymemx. If ���
<br /> ° � under pacagraph 21 the Propeny is sKyuirecl hy Lcixler, Bonrwer'g right to any in�urunce pc►licie.r-anci prcxeeJs resulting fram �:..�---
<br /> � � d�mage to the Property prinr to thc ucquisitiun tihall pusr;to Ixnder to the extent nf the tiums secured by thi+Security Insttument =-�
<br /> _ . immecliately pnor tn the ucquisition. �• - -g'—
<br /> ° 6.(kcupancy,PrrservAdon. Meintens�nce and Protection oP the Pn►perty;Borrower's I.oan Application; I.easeholds. �''
<br /> B�xrower shal l ixcupy,etituhlish.and use the Property us&ircower'.r principul re+ide►xe within sixty days ufter the execution of �_:��--
<br /> . ' this Security Instrument und+hull cantinue to��rcupy�he Property ax &►rrower',principul residence for at Ieuxt one ye�r uRer �=-°' _
<br /> the date of accupuncy. unleti�Lcnder o�herwi,e �grees in writin�, which cnn+ent shall rxu be unreuconal►ly withheld,or unless ��.-�_,
<br /> �xtenuating circumztance� exist which arc bcyonJ f���rowcr'� comrol. Burrowcr tihall not destru�, dumage ur impair the �_
<br /> Prapeny. ullow thc Pmperty tu drterioratc.nr ci�mmit waste�m thc Prap�:ny. &rrmwer shall lx in default if uny forl'eiture ��;;;_
<br /> � u�don or pmrccding, w•hcther rivil ar crimin�l, is be�un�hat in Lender'z gcHni f'aith judgment couW result in forteiwre c�f the �',�'-=_. -
<br /> • Propeny ar nthenvise materiully impuir ihe lien crwieJ by�hi+Sccurity Imtrument��r L.encler's security in[erest. Borrower may �
<br /> • ' • rurc tiuch u deiuul�and reim�utr.u�providcd in paraEruph 18,by cuusing ihc ucti�m�►r pnkceding to be ditimissc�i with u ruling °______
<br /> that, in L.ender'ti g�xxl luith Jeterminatiun, precludes ti�rfciwre of thc &irrower's interetit in the Properly or nther materfal �u___
<br /> --- _•_ - impairment oi the lien creutcKl i�y tbi. S�curity Incirumcni ar L.cnder'� �ecurity ioicrr:l. &sRO�ti•er :;hall afw be in clefau!! if �.,s--
<br /> &xr�wer.during the I��an upplicution prcxc��,�avr matcriAlly 1'Al�e u�iiwccumtc inli�rnwti�m or s�atementti to C.ender(or failed �'-` _
<br /> . t��provide l.enJer with any mutcrial infamis�ti��nl in cannection with the loan eviJenced hy [he Nate, including.but no�limited �`!�"
<br /> ' to,repre+emution�concerning Borrower's��ccupuncy of thc 1'ru�xny u�a principvl rc.idence. If this Security Inti�rument i,on a -
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<br /> Icatirhold. &�rrower ,hull comply with ull �hc pr�►virions uf thc Ieu,c. It' Bormwcr ucquirez fee tide to �he Prnperty, the - _
<br /> Icusehold and thc tir tidc shall nut merge unlc,ti I.ctxler agrces U►thc mcrg�r in writing. �r� =�,Lr_
<br /> � ' 7.Protectfun of Lcnder'.r•Ri�hts in t he Propert�•. 11'Borcuwcr 1'ail.to perliim�thc cu�•enants und ngrecmcnt�cantained in t' ���t
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<br /> thiti Security Instrument. �ir thcrr i.u Icgul pn�rceJinE tha� may �iEniiicuntly afi'cv:t LcnJrr'�rights in thc Property�.uch a�a -°�- -- —
<br /> • prn�ccding in bankruptc)�. prohatr, lirr cunJcmnution ar li�rfciiurc�►r�u.nti�rcc law�or rcgul�ti�myl, Ihen LcnJcr nwy du und ��' �'•'-
<br /> pay litt whatever i,n�re+�ury t��pratcrl Ihe vuluc ul Ihc Pro�rly and LenJcr'.right. in thc Prupeny. L.cnJer'� uction+ muy .,. .. _ =.�--
<br /> includc paying uny �um. .ecurcJ hy :� li�n a•hicli hu. priurity u�•cr �hi� Sccurity Instrunxnl. ap{KUring in coun, puying • �==-
<br /> ss•.�;cmahle auomey.,' f'cc.und entcring ��n thc Pru�xrty tu muke repuir.. Althaugh l.endcr n�y take ac�ion undcr thi�pnragroph . -�'
<br /> . � 7.lxndcr dnc+na1 huve tu Ju tio. �: �•,l•�•
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<br /> Any amounts dishur�cd by I.cndcr umlcr thi+ puragraph 7 .hull lx�rumc adJi�ionul JeM of Aurrc�wcr rccurcJ hy this ':� -;�:,;;a„
<br /> � S��urity In+irum�nt. Unlc,.Bi�rrowcr aixl Lcndcr ugrcr w othcr trrnn ul�ayment. ihr+r amounts .hall bcur intcre,t t'n�m thc • ==°.g�
<br /> dute of Jishunement �t Ihr N��te rate and �hull lx payuble, with interc+t. up�►n notirc 1'r�im Lcndcr to Horrower rcyuc�tin�t � = ',��,:
<br /> � ' paymem. �. . .
<br /> � R.Ntort�(a�e In.r•uruncc. If L�nJrr rcyuir�d mnrt�,agc in,uranrc:i.a ri►�xlitiun ul makin�thr I��un+c�urcJ hy lhi+ Sccurity �. � ��y-.
<br /> ' Inxtrument. Borrowrr .hull pay thc premium� r�yuircJ tu muintain Ihe m��nuucc in.ur:mrr in rlfr�t. II'. li►r any reuwn. the "'�`
<br /> mortgagc inxur�ncc ruvcrugc rcyuircJ h�•l_cnJcr lapu, ��r r�a.�.tu hr in rtler�. Nurn►urr,hall p:►�• Ihc�rcmiwn,rcyuireJ tii � �
<br /> . iibtuin cavcruge �uh�tantiully cyuivulcnt d► thc m�ingagr insuranrr pre�•i��u+ly in rllcr�. at a ru,t ,uh��amiall}•cyui�•rlen�t��Ih�
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<br /> ro.l lo Borrc�wcr uf thc nwngugc in+uranre prev�ou.ly in rl'tcrt. Irvnn an :dirrn;ur mungagr in.urcr appr��v�J hy L�ndrr. It' �
<br /> �uhstantiully cyu�vul�nt mong.�gc irouraike w��cragr i, rn�l a�•ailahlc. f3urn��<<r .hall pay lu LrnJrr rach�nonth u ,um cyual ti�
<br /> �,nc-twelfth i�l'thc yeurly m��rtgagr in�uranre prrmium hring paid hy Hurru�a�rr��hcn Ihr imuranrc r�n•cra�e lap.cd i,r cca�cJ ti�
<br /> he in el'1'cr�. Lcndcr will acrcpt, use anJ rct:�in thc.r pat•memti a. a I�,.� rc�crcr in lieu uf m��nEa�r in�urancr. Lu,. rr,rn��
<br /> Fo�m 3028 9/90
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