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<br /> S. ��f W. fl�opeHy lqsurypc�e. Bo;row•er shal! kcep che itnpmvrnxnts iww eaisting ar Ix:re•r ter ercrtal un ttx
<br /> Pr.��Zy i��aui:;f:iyun�t tu•�:: h}� fire, hnzsrJ� iik{wfe�l within thc tcnn "extcixle�! �ci��crst�c" wxl any uther hazacYis. in:luding
<br /> fk�c�.1�or flc��:ting, f�u which l.uxlec rcyuirea iitwrwxz.'This insurrnce stuzll he m:aiia:ai►a: �n ttk anxwntx:uxt far ihe periais -
<br /> th�t l.cr��:r t�;ai��. 'i'h.� i�swr�►�c carritr grovulltu: the i►uu��ct�ali bc c1u�.�c�Z hy Hurruw�rr wbj�tit tu l.��xt.�'s appnn;+!
<br /> wMch bhall �wu hc u�uc:wuwbly withheld. lf Ba�row•er f�ils to m�intaln cm�e�e descriMe�!uixwe, l,etkter niay, at i.crxier's
<br /> opii+ui.��xaii�cu�•er�ye teti pnxect Leixlrr's�i�t►ts in the Praperty in accorJance with parayru�+h�.
<br /> Ali ii�..s��e po{icic.s:.n:!renew��ls sha!! be o�reptzbtc to Len�icr anJ shzll i�xluck u �GUxl:ud nxirt��e clause. Lencier
<br /> shall h��•c the riyht t�hc�lci die policicr and��newrl�.. Zi Lir.dc.rtyntr:,!�:r:r.u•rz �ha!I pn�tt�^�1Y R'v.�to i��xS.r:Jt rucipts of
<br /> pa,id prcnuunu u�xi renewal�tict,s.In thr c�•cni of toss.Born�wer shali give prompt n:ui.,tu th�insur�nc��.�rrier t�xl Lxcxfer.
<br /> I,ei�er rruy nia�,r.proof of luss if not n�srcic pmmptly by Borrow•er.
<br /> Unlcss[.ender;u�d t3urmw•cr c�thcrwise agnx in writing.insuranc�procaxts si:al{be��lic�ta r:st����tiat or re�:,ir af tht �
<br /> Pmpeny dvi�al.if the rest��rKtion o�rcpair is ecawnucally feasible and Lender's security is not Ie�.ccnal. lf the rcstoration or _
<br /> repair is�wt ecwwmically feaaible or L.encier's security would be lessened,the insur,uue praceeds sh:ill be appliod a�the wms
<br /> scxurcd by this Secur,ty Dutrumcnt, whether or not thcn due, with anY excess p:iid to Borrowcr. If&mower abandans the
<br /> Pmperty, or does not�uwer within 30 days a nntire from Ixndcr that the iacurance carrier h�c of ferod ta settle a claim,then
<br /> [.eaxler n�y wllett the insur.mce procecds• 1-e�r.ier maY usc d►�P�+�cocds to repair or restore thc. I'ropeny or tu psy sun�.s
<br /> secural by this Security Instruntent,wh:.ther or nat then due.The 30-day perioE�ill begin when the nolice is given.
<br /> Unless I.ender and Borrower otherwise agree in�vritin�. anY aPPlication of proceeds to principal shall not extcnd or
<br /> postpone tl�e due date of the monchly payments referrai to in paragraphs 1 su�1 2 or change the amount of the payments. If
<br /> under parugraph 21 the Property is acquired by L.ender,Borrower's right to any insurance po�icies and procecd�r�sulung from
<br /> damage to�he Property p�ior to the acquisition si�aii pa5s co YxaKin�iu i���.�«:o��'�.�um�:�.�..ur�3 by ihis S��r�s;t�*n�mp�u
<br /> ima�iately prior to the soquisition.
<br /> 6.Occupaucy.Presnvatioo.biafateasace and Protecdun oi tbe Property; Borrower's Loan Appiicatian,I.eaceholdv.
<br /> Borrower st�all occupy,establish,and usc the Property a�Barrower's principal resi�e within sixty days ufter the ea�ecuuon of
<br /> this 5ecurity Instrucreet�t and shali iwntiuue w oc.cupY ih:.Proper:Y as Borro�ver's prineipal recidence for ai le�st one year aft�s
<br /> the datt of occupancy, unless Lender otherwise stgcYes in writing.w•hich co�sent shall not be unre�onably wztL�held,or unless
<br /> exten�ating circumstances exist which ara beyond Borrowu's wntrol. Borrower si�ll �wt destcoy. dan�ge or impair the
<br /> ProQetty. allow the Property to deterioratc. or commit waste on the Property. Borrower shall be in default if any forfeiture
<br /> xtion or pcoceoding.whether civil or criminal.is begua that in Lender's good faith jutlgmr,nt could resulf in forfei:ura of the
<br /> prope�ty or othervvis�materi�lly impair the lien creatext by this Socurity I�utrumeni or LxaW�r's security interest.Borrower may
<br /> cure wch a default and reinstate.zs providod in paragr,�h 18,by causing the actian oe proceoding to be dismisryed with a ruling
<br /> �t�t� �n L�def�s good faith determination, precludcs forfeiture of the Borrower's interest in the Properiy ur ot}�er material
<br /> impaim�eau of the lien cceated by tt�is Securiry Iastrument or L.eoder's security interesi. Borrower shal� also be in default if
<br /> Sormwer,during the loan spplicatien process.Bave m�terially false or inuccurue information or statenxnts to Lender(or failal
<br /> to provide I.endu Kith any material inforn�ation)in ooaoection with the laan evidezxed bY the Note•inc[udu�•but noi limited
<br /> to�r�presentstions canoeming Borrower's occupancy of cF�Property�c a principal residence.If this Security Fuu�sment is on a
<br /> leasehold, Borrower st�all comply with all the provisioas of the �eise. If Bomawu acquires fee tide to tbe Property. the
<br /> {e�sdtiold and the fee dde shall not cTSerge unless Lendu agrces co the'roerger in writing.
<br /> 7.Protectioa of I.end�r's Ri�hts in tLe ProperiY.If Bocrowtr fails to perform the cove�ats and agramaus coivaina!in
<br /> �tbis 5ecutfry Inurumau. or ii�ae is a icgai p����•:�r�y agra5�sa:�rff�L_._••��•s righrc in itx P�rY+erty fsuc3�ac a . .- -
<br /> procooding in baalcruptcy.Probste. for oondenv�tion or forfeiture or W enfom laws or regutarions), thu�E�exxler may do�ad
<br /> pay for whauver is nocescaz'y to protect th�value of the Prr>perty and Lender's rights in the Praperty. L,ender's actions may
<br /> iucJude paying any sumc sacured by a lien which h�s priority over this Security Insp'umuu, appear►n8 �n court• PaY�B
<br /> �rasonable attomeys'feas and enuring on the Pr�operty to malce repairs.Although Leadu may talce xtion�nder this P�B�
<br /> 7.Lmder does not have W do so.
<br /> Any amounts disbarsed by Lendu undu this paragnph 7 shall bocome additiooal debt of Borrowesr sxurod by this
<br /> Sxuriry Ynuiumes�t.Udess Borrowa�nd L,ender agree to otlser teams of payment,these ao�wunts shall br�r interest from the
<br /> dzte of di.���mu at �he Hote rate and st�all be p�yable, with iutenest, upon notice from I.ender to Borrower roquesting
<br /> PyY�•
<br /> S.biort�te Iasarance•If Lender requirad mortgagc insu*an�e as a ooncl�don of malcing the loan secv�+ed by this Securisy
<br /> Iaununent. Borrower sh�lj pay ehe pruniums require� to maintain the mortgage insuruue in efr"xt. ii. for ury• ��, ti+c
<br /> mortgage inwrruoe ooverage roquirod by Lerxicr lapses or oeases to be in ef�ect. Eorrowu shall pay the preaoiums rc9uirod to
<br /> obtain coverage�tially equivalent to the mortgage inwrana previously in effoct,at a oac[substantially equivsilent co the
<br /> oost to Bors+owu of tha mortgage in�urance previously in effect, from an alten�►ate mortgag�inwrer approved by I.cnder. If
<br /> substantially r�quivalent mortgage inwraace coverige is not available,Borrower shall pay to I.ender exh month a sum equal to
<br /> , one-twelfth of the yearly mortgage insurmce premium being paid by Borrower when the inwrance coverlge lapsod or cer�sod co
<br /> Ix in a4'ied.Ieodcr wiU�cctpt, use and retain these pa1 mems as a loss reserre in lieu of mortga�e insuranct. Loss reserve
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