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<br /> �. Zi�i+.ii'�G� ��l�a'ii1 �riWi�iiiCa'. �xNiiri►ii �� �►�'C�► ttl� iiil�CillCfil►tlia lIJK• C1�I�lli�(! Ui' �liii�31tiP s'i�ia'� (�tl i�k, �
<br /> P�,�en�� incurrJ wgai�ut I�xc Ay firt. FwrarJ: iikh� within tNc term 'extrn.t.d�v�v�i,�ge" uxi any cahe�hazardc, incluciing .
<br /> tl�xxls vr ftu�yli�y. i'�u wi�ich L,c�rkr rryuir�s i�uur.uxr. This inwr,vxc st�ll t+r nuiruaiixxl in tt►r unxw�ua suxl fur thr ptriu�ls _
<br /> ttw Lender n:yuir�x. The i�uur;uke�:urier pru�idin�ihe iitiur�uxr shall be rtuueii by Bormwer subject to l.�ncler's uppruval
<br /> v.!►kl� �I►all �x+t ht� �!!�.►ra��whly wl�hheW. !f�Krower fxil� tn lnai►►tain�Y�vera�e�k�crit+er!�tx�ve. l.tncier �nuy. �t Lxmkr's _
<br />: uptiuiti.i�in�r�e�t�e lu pnwrci f.ciKicr's ri�,his in t'nr Pn�rty Ili JCCJUftIS1Kt K'11I1�:tl"d�ra�li 7. -
<br /> Alt insut� �licies � re��ew�ls st�ll be s�,ceptable to Le�der ec�d sl�ll mclude a uartidard rtx►rt��c clau�e. E.e�r
<br /> s.hall h:��e�hc�irht a,tu�1J thc��licic�x�id rw�eu��l.. If l.c�xi.^.r n�yuirz��,&umw�er s}wll prcunptly gi�•e to[.etxic�all nctipcs of
<br /> �.7�(I pIY1111W)t�;Yl{� ft{k:Vr'.'II f1(l1kCS. IIl(I1C C�Ctlt UP IUsS.BUt�OM'C�SI18II�1�'C pfUlllPl IlUik"1 IO IIIC IOSUl�11CC C�fi1Ct ii11{�LC11[It:i.
<br /> Lcmter nu��m;d;c prcx�i'oi'loss if ixu maJe pmmptly by Borcau�er.
<br /> U�d:ss L;rufcr;uui B�urou•cr cuhcru•isc�rcc in v:eiting. in.wran::pra:c:.Js shall t+:ap�lic�to rcatar.►tia�ar npaic af thc
<br /> Property dan�al, if Ihe rouor�lion o�re�ir is cconanur.tlly fessihle:ti+xl l.etuter's sc.^u�ity is n�u lessened. If tlu:restoratian or
<br /> repair is not eciuuunically fi:�iblc ur Lcndcr's security w•w!J be Icssened, the insurance pnx�ds shall be applied to the sumc
<br /> kcur� by this S�xurily liu�nu��ent, w•hcther ar�wt then due, w•ith any excess paid to Borrawer. if Borrow•er abandans the
<br /> Pc'opcny, ar tt�es ru�t uncWcr w ithin 30 days u notice from Lender that the insur.utice carrier has offe�d ea setde n ctaim.then
<br /> L.ec�der r�uy eolla:t tiw: insurmee proceedc. L,e�ler n�y use the proceeds to repair or restore the F'roperty or to pay sumc
<br /> sccurcd by this Security Insirun�ent,wt►ether or not then dur.The 30-day period will begin when the notire is given.
<br /> Unless Lender ;uid Borrower otherwisc �ree in writing, �ny a�plication of procoeds to principal sh�ll not extend or
<br /> postpor�e the due ciate oi the nwiuhly p�yments referred to in p,aragr.aphs 1 and 2 or chan�e the unwunt of th�paymcnts. lf
<br /> under p;uz►grdph 21 the Propeny is xquired by Lender. Borrower's right to any inwrancc policies and proceeds resulting from
<br /> dan�e to the Propeny prior to the acquicition sl�all pass to l,e�ier w the extent of the wnu s�cured by thi.s Security Insuument
<br /> icn�diately prior to the acquisition.
<br /> 6. Oocup�ncy. P�+esen�at{oa.l►Sainta�anee and Protectiou of t6e Property�BOi'I�ONCC�9 IAAn A�UCA�OD:l.exse�widc.
<br /> Botrower shall occupy,establish,and use the Property�s Borrower's princip�l residence within sixty days after the execution of
<br /> this Security Instrument and shall eontinue to occupy the Property as Borrower's principa! nsidence for at leust one year aRtr
<br /> the date of oocupancy,unless l.endtr otherwise agrees in writing. which mnsent shall not be unreasonabfy withheld. or udess
<br /> exkiwati�g circumsiances exist which are beyond Borrower's coturol. Eionuwer sltall not deuroy. dast�ge or impair the
<br /> Property. �Ibw the Property to deteriorote. or oommit wacte on lhe Ptoperty. Borrower st�all be in default if any forfeiWre
<br /> xtion or ptnecading, whether civil or crinvnal,is begun that in Lender's good ftith judgment coul�result in forfeiturc of the
<br /> Property ot othetwise materially impair the lien creatal by this Security Instrument or Lender's securiry interPSt. Borruwer may
<br /> cun such a default and reinuate,u provided in paragraph 18.by causing the acdon or pra�eeding ta be dismiaud wish a rWing
<br /> that, in I..et�der's good faith detem�inaiion, precludes forfeitw+e of the Borrowec's inurest in the Property or other material
<br /> impa:m�etu of the lien crated by this Security Inunimeru or Le:ndtr's security interest. Borrower slnll also be in def�ult if
<br /> Bc�rrower.during the loaa�pplication process,gave materialiy false or inxcurate infom�tbn or stue�oc.�us to Lender(or failed
<br /> to provide Lender with any materi�l information)in connection with the loar►evidenced by the`oto.including,but not limited
<br /> to.rcpresentatiau conceming Borrower's occupancy af the Property as�principal residu�ce. If this Security Instrument is on a
<br /> ieauhold. Borrower shall comply with all thc provisiwu of the I�ase. If Borrower aoquires fee titlt to the E'��operty. tht
<br /> iesiseho�d and the fre title shall aot merge unless Lender agrees ta the merger in writing.
<br /> . 7.P�nt6ctim of i.ender's ilt�i�ts ia We Pro�rty.Tf Borrowe�fails to perform the covcnuits and agroements contained in
<br /> this Secvrity Instmmeni, or therc is a fegal procetding that may significantly affect Lender's iights in the Property (such ac a
<br /> proceoding in b�akruptcy,probate, for corxlatu�aiion or forfeiture or to enforee laws or regul�tionc),tlxn Lender may do and
<br /> pay fer whatevet is nxessary to pmtxt the value of the Property and Lender's righis in the Property. L�er�der's xiions m�y
<br /> include paying �ny snms sxurod by a lien which has prioriry over this Sec�trity It�strut�xnt, appearing in cowt, paying
<br /> rcssor�Ale auornoys' fas and entering on the Property to make repai�. Althougb I.�nder may take action urder this paragt�ph
<br /> 7, Lencler does not have to do so.
<br /> My amounts disbursod by Lender under this paragraph 7 shall become additiooal debt of Bomnwu securod by this
<br /> Suurity Incirument. Unless Borrowtr and L�ender agc+oe to other tertns of payme:st,these amounts shall b�ic interest from ttu
<br /> d�te of d.islwrsea�ent u the Note rate aud shall be payablc. with interest. upon notice from L.ender to Bernuwer requexting
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<br /> S.Mortgpge Ias�uaaoe.If I.ender required mortg�ge insurarre as a condition of making the loan secured by this Scc�rity
<br /> Enshumeru. Barrower s1u�t1 pay the premiums req_uirod to maintain the mon¢age it�suranoe in effac.t. If, far any re�snn, thr
<br /> mortgage incurance coverage required by Lender lapses or ceases to be in effoct,Borrower slul[ pay the premiuias required to
<br /> obtsin cover�ge subst�ntially equivalent to the mortgage inwrance previously i�effoct, at a cau substantia�iy equivalau tu the
<br /> oou to Borrower of the mortgage insuran�x previauly in effect, from an altemue mortgage insuru approced by I.encfer. If
<br /> substantiai.y oquivalent rnortgage insurance coverage is not av�ilable,Borrower shali pay to Lender each month a sum equz4 to
<br /> one-twelRh of the yearly mortgage insur,�oce premium being plid by Bon�ower when the insurance ooverag�lapsed or oca.ased to
<br /> be ia effax.L,ender will accept.use and�ain tluse payments as a loss reserve in lieu of nwrtg�ge insucan�e. Loss reurve
<br /> w�3oz8 8180
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