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<br /> S, f�axs�trl cu !'rape�iy It�u�ap�r. &�rrowei• shall wsep che impro�•enrcnts now• cxisting w� iw��•ufcer ercxtai an the
<br /> F�u�ity In:urt�t�aiitri laa+ bt iire,tsazards i�xlcuiat w•ithin ehc tcrm "G�tl'f1de�COY[t:{�t" and any cxh�r hsu�►ni., incit�cJmg �
<br /> ikxxi�ur fluudin�, `tN WhKII I.Ciltlrf Ic`yU11ir iu+u�r,�. TGis i►wur.us:e shrll bc nnlntait�i iit thc anuwnts a:�d f��r the perials _
<br /> ttut t.ciKler rcyuirev. 7hc inwrancY cxrrir�pn��•idi�lg�he ittsurauuc slwll bt cix�scn by li���row•er sub�ect t.� [.e�xie�'s�rovii
<br /> w•Akh sfu�ll not t+e unn;a:+1ttiaL1}� K•itt�W. if&un�w�er ihil>ta n►a�nu►in cor•ernge ciescribccl +buve. l.etkirr mA)'. at l.eaxlrx's -
<br /> opiia�.c�btais�wve�e ta praccK Le�xie�'s ri�h�s in the Pny►eny in sk�xci�utice witli p:rrgrap;�7.
<br /> All U1S11tYlk'C D4!'1LIC5 iUYJ filhl�ilG �I�1II �1C i�,���k• w L.uul:r;u�:l �1ul1 in:.licdc� stand:tni ��rt�a�;e ctause. Exixler
<br /> siufl hace the righ:m hoid ttx potkia sucf n-ne��ls. If Lrncfcr rey�irev.Bc��owee�a!!prati�tly giti�e co L;nd:r a]!►�,xipts oS� -
<br /> �aid Pr.;►uun�c and rcaxwal nWk�es. In tAe e�•e�u uf t+acs.Gor.uw•c�shall�iti•e prompt rwticc ro the inwr.uue euricr�vJ Ixn�er.
<br /> t��r m�y r�nl;c�raaE'�f bss Ef rai m:.;l:pnu:ip�tly by t3orrau•rr.
<br /> �!!nless Le�uler wid Borrow•.r other�rise styroe i�writing,insur�proceeds slutl be applied ta restoraticu�or rr.pair af the
<br /> PropenY dan�od. if the rzstoratian or nepair is eoorwmically feasibie u�d fi.ender's securiry is nc�tt EesseMCi.Ii the restorrtiwi oe
<br /> repair is noi econamia�lly feasibtc ar l.ender's security would be Ics�raiad. the insura�tice proceeds �twll be applied ta the sums
<br /> securad by this Security Instrument,whether or not then due, with any excess }uid to Barcou•er. if Borrower�ons thc
<br /> Pmpeny,or docs not uuw•e�within 30 days a notice from Lender that the insurance currier has offer�to scttle a claim. then
<br /> l.endcr may coltect the insurux�e prac:eeds. Lender may use the proccecis to repair or rcstonc the PropeKy or to pny sums
<br /> socarcd by this Security Insinuuent,whether o;not then due.Thc 30-day period will bcgin whm tht notia is given.
<br /> UnlGCC l.mder wd Borrowu otherwise a�tee in writins, any apptic3tia� of proceecls to princi�l shall aot extend or
<br /> pastpoae th� due date oi the nwnthly µ�ymeuts referre� to in par.tgraphc 1 �nd 2 ar change the a+naunt of the paymenu. If
<br /> .. �-- ^- ;: • .r.,...,�.s rtisp:�� frc��•.
<br /> u�xier�ur�gr.y�ii 23 ii�Piu}�+iy is xquiizai vy Lcrw.�:,..,..r Nu's r.ght t:,:ny inu::�rw:.F.^...^:w::.3 p. .. o
<br /> damage to the Propeny prior to the acquisition shall pass to Lender to tAe extent of the wms securod by this Security Insuunxnt
<br /> imu�ediately prior eo the acquisitiun. _
<br /> 6.OawPsiacY,PreservatloM blstaten�ace aed Prutectton ot t6e PropertY,BosroW er's I.osui Applicxticw;Leasetwldc.
<br /> °a.:o�::.:sF.;.!!a^:.�py.�sab::�.'�,»r.�usr sh:Pru�rty r:Ec::a�,.. s;xcr�6;.:!r-.:id»^.x+:�thaa s9z:y�;s��r s.tix e.�����n ef
<br /> this Soeurity lnunuixnt and shall eoatinue to oecuPY the Prop�zrty as Borrower's princi�al resiclence for�t leact one year �fter
<br /> :�-. 't,..S^-..of t�ups.-xy,esilas I.�ss3es osl�r►�ise�rces in writin,, which censent shall net[+c unir�sc�nat+ly withf�eld, cu unkss
<br /> extrnu�ing cimu�sutana:s exist which are beyond Iiarrower's contcol. Borrower siiall not destcoy. datttage ar itnpair the
<br /> Property• allow the Property to�ieteriorrie, or oonunit wusie on t1� Property. Borrower shall De in defaule if any forfeiwre
<br /> acaon or prooeeding,whetbe•civil or crimin�l. is begun that in Lender's good faith judgment coutd result in forfeihue of the
<br /> P��nperty or ahawise cnaterially imp�vr the litn creaced by this Seeurity Insuumeat or I.�nder's seeurity inurest. Borrawer cnay
<br /> �w�auui��iei�uSi w�i�r��►�i�:.Ati�i'OV "�i�:Ci lii�:.gi.3�1 I�.�y c�ing ttsc«ct:on c:p:c:�;.�:3ing:�t�dismi:,s�rrith a s�ilins
<br /> thmt. in l.ujdet's good f�ith detamination. precludes forieiture of the Borrower's interat in the Property or other mztelial
<br /> itnpainnent of the lien crratad by this Security L�stnu�xnt or L.e�ler's security.intenst. Borrower shall also be in default if �
<br /> Borrewer.dwiqg the loan application process,gave rnaterially false or inaxurate infom�ation or stakments to I.endcr(or failocl �
<br /> � to provide l.�adu with any mueria!infomwtion)in oonnecNon with the Iw�n evida�ced by tLe Note,inetu.3ing,bun oot lirnited
<br /> W.���f9-;oos ooaceming Bornower's occupancy of the Property as a principal rcsideacr. If this Soa�iry I��•�,�is oa a �
<br /> kasd�oib. Borrower sbal{ coroply with all the provisions of che lease. If Borrower a�c,-uires fee titk to the Prv�ecty,thse ;
<br /> �anc!the fcx Ntte sl�all iwt mage unless i�rler agrees to the merger in wrid�g.
<br /> ..:... .---�,Prde,dion at I�ier'c�Lte io t�e F1ro�rty.If Bormwer fails to Qerfo�,tLe oove�uts aod�ittnematts ootYainod ia---. _ .
<br /> ti,is Security Iwtrun�eut, w'lBet�is a legstl pix�d'a�th8t may sigr'►ifieart2ly aa°F� �*.tndtr's rigl;ts ia th:.P'rop�ty(su�ss� .
<br /> proceeding in bu�cruptcy,prob�ie, for candeautiatiwi or farfeiture or to enfarce laws or regulations), thw l.eoder may do�cd �
<br /> = pay far wLatever is necessary to protoct the value of the Property wd Lead�r's dghts in the Ptnperty. I.etfder's aciiats may
<br /> - include �aying any w:ns secured by a lien which t�s priority over this Sxurity Iastnunent. appearing in oowt. puying .
<br /> roasonabk attomeys'fxs and eatcriag an the Property to m�e rep�irs.Although l.ender u�y take action uoder this par�rs�p�s ,
<br /> 7.Leades does not bave W do so.
<br /> A,ny aawunts disbwsed by l.eader under this puagnph 7 shall beoc�me additiona! debt of Boac��wu savrod by this
<br /> Seaui�y �astrumau. [3dess Bomower aad Leader agree W otba�termc af paymGnt, these amounts siislT�r int,arsc fmm the
<br /> d�tc uG.��.�'.s„'�.=*'�=-„'at We Note rete aad shall be payabk.�:th iaoerest. upon notice fsnm I.eader ta So�sv+►rm cequesti4�
<br /> P�y�• .
<br /> . 8.Matt�e I�wiraoce.Yf Le�xkr nquire�i awrtgage inwrana as a wnditioa of making the taux sw,w+ed by this Socurity
<br /> Instrumeat. Borrower stsall p�y the premiwns requiral to maintain ttk mortgage inwranoe in effa�t. �t, for any reasoa.tbe
<br /> � cnoity�ge insur�nce coverage required by I.eader lapses or ceaus to be in effect,Borrowu shall gay t�e pc�emiumt requined to
<br /> obtain ooversge substsntially equiv�lent to the mortgage inwr�nce previously ia effect,at a eost sut�ati�!!y oquiv�lent to ths
<br /> � oost to Borrowu ef fise mortgage insurance previously in effect, from w alt�rn�te mort�e iawnr�ppravod by L,ender. If
<br /> � wbstaatially oquiv�ieac mortgage insunnce oover.�ge is not available,Borrower stnl! p�y to i.endor e�nwnth a wm oqual co
<br /> ' oae-twelfth of tLe}rarly mortg�ge inwrmce prca�ium being paid by Borrowr,r whrn the insur�uxx ooverage lapced or ceasea to
<br /> be in effax. I.cnder will aooe.pt,use�nd ntain thcse payments� a lass reserve in lieu of Rartgage •��•,•�•,M. L,oss rexrve
<br /> Fann 302� 9t90 �
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