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<br /> g. }�� W. pruNe;ty Ins�rpatc. &�rm�+►•er xiwli k�p �f►a in��a�•cnxnts �ww rxiuiny ur tirr�Rer e��.+tal w� thc —
<br /> Fn�peny i�uw�xl:y�au�t �u��� �'i�.. ''..,..:...-^�� '•►"•4�"�wilhiu the terni 'extetxlat cu�•tttre" +uxl �uiy�Khcr h,uinls, i�xluali�y� _
<br /> ilu�Kls ue f1�w�iliqi, fat which l.ci�er tr�yulres ii�..u�wk'e. Thir inwrwxc�lwll he n�iutYliw�!in 1t�r wixwntv arx! fur tlx per�cxin
<br /> th:►t I.ender reyuirca. 'F'i�r iu:ur�u��carsirr pri���l�ti�t; tl� insurs�n►c�lti:+ll tk 41wun by &�rn�wcr wbj�tit lu lA�xler'c u�+r�►vi)
<br /> wbiih �a:ili not lx unrcx.cxu�hly wid�hcW. 1{' &uraw•ct fuls w u�intYin c�►vcru�;c d:.�;ihcd �+bovc. l.cikkr i��+y. :� ���r'�
<br /> upti�N�,ubts►in ci�ver�ge tu prutect lxixle�'s rikltlr in the!'mperty in�ccani;uk�r N iih�r�graph l. �
<br /> All in.surun�e policies�uxl re�xw�l� �!1 be acre�tohlc ta l.etxier unJ �twll iiulu�le a�t:uxlan) ttx�ri�a�c elausc. l.c�xlrr
<br /> ►h:ill have the�i�ht to Iwld the pc�lieier at�d renewals. If I.e:xler r�yuirct.f3orsou•cr�}wtli pcu�►tptly�;i�•. tc,[.c�r:ilt rccei�ts of
<br /> p�id promiumL aiuf stnew:l)�Hces.In the event af loss. Barraw•e�shaU�i��e prompt nutic�to thr i��.wr.uxe wr�ier arxl I.endce.
<br /> Lender may make proof of Iws if not muic p�nmptly b��Ba�rawcr.
<br /> Unless Lender�nd Botrow•er otherwisc agree in writing,insur,uxe prcxctxls stull t�e aPplicJ tu restor.atian or rcRair of thc
<br /> Fropeny dan�ed.if the re.uoraticu�or re�.ir is ecanonucaliv feasible:uxl I.ender's sccurity is tuu lesseruxl. li the resto�mtian�r
<br /> repair is�wt eca�onuc�lly feasibte or l.ender's security w�uld be tessened,the iiuuntnce proceals sha1�l�e aPP�ied�° ��u wn�
<br /> secured by this Security insirument, whether or not then due, widi uny excess paid to Borraw�er. If Bormw'er abandons ttu
<br /> Propeny,or does not u�swer within 30 days a notice from Lendcr�hat che insurance carrier has offeral to setile a claim. then
<br /> I,cnder may collect the insurance praceeds. Le�xier nk.y use the proceeds to re�ir or restare the Propeny or w pay sums
<br /> secur�'d by this Security Instrttment,whether or nc�t then due.The 3CWay period will begin when the notice is given.
<br /> �1�iecc IPnder �nd Borcawer othetwise agree in writing, anY applieaticu� of proc�eeds ta prineipal shall not extend or
<br /> postpone the due date of the nwnthlY paYments referred ta in paragraphc 1 and'1 or ciiange tiu:unuu❑i o� ��K:!wj'�iwi�w. lf
<br /> under paragraph 21 the Property is acquimd by L.ender, Borrower's right to any insurance policies and procoeds resulting from
<br /> clan�e co the Property prior to the acquisition st�ll pass to Lender to the extent of the sums secured by this Security instroment
<br /> inuuediately prior to the acquisition.
<br /> 6.Ooeuawcy. Prescrvatiou,biainienance su►d l�rotectE�o oi ii� rf:��:iy;P,�rr�i:�::'s Lr.:�4��licnti�; I.easelwld9.
<br /> Borrower shall occapy,establish.and use the Froperty as Botrov:er's principal residence within sixty d�ys after the execution of
<br /> this Securiry Instrume�-�t and shal�oont�nue to occupy the Propaty as Borrower's principal residence for ai least one yeu'after
<br /> the date af occupancy,unless l.endcr otlurwise agrees in writing, which oonsent st�ll not be uiveason�blY withheld. or unless
<br /> extenuating circurt�st�nces exist which are teyand Aorrower's control. Borrower sha11 not destr°Y• damaEe or impair the
<br /> propetty, allow the Property to deteriorate, or commit waste on the Property. Borcower sh�ll be in default if any forEeitute
<br /> action or proceeding,whether civil ar criminal, is begun that in Ixnder�s good faith judgment could result in forfeiture�f tt�e
<br /> property or otherwise materially impair the lien created by this Security Inswment or I.ender's security inuresi.Borrower maY
<br /> cure such�default�nd cc:.tistate.as provided in paragraph 18,by eausing the xtion or proceedi�g ro be dismis�ed with a ruling
<br /> that, in Leader's good fs:ih determination, ptecb:des forfeiture of the Borco,Wer's interest in the Propeity or other muterial
<br /> impairnxnt of the lien crated by this Security Irstrument or L.ender's securiry interest. Borrower st�ali also be in default if
<br /> Borrower,during the la�n applicatic�a�rocess•Save materially false or inaccurate informatiort or statements to l.ender(or failal
<br /> to provide Lender with any matecial iu►fornntion)in wrmocliau w'itU che loan evidenced by tht Note, including,but no:limited
<br /> to,representatioRC cona�rning Borrowes's oceupaney of the Property�s a principal residenca If this Seturity Inctrumeat is.on a
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<br /> leasthold, Borrower shall comply w�tfl ail the pt�visions oi u�c i�. „ .,w-r��... :.cq::st� f� ...._ __ _._ ��:, . ...--
<br /> leasel�old and the fet tide shall noi merge unless Lender agrces to the merger in writing.
<br /> �.p��n ut I,ender+s Righu ia the peoperty.If Borrower fails to perform the covenazets and agne�s contaiaod in
<br /> this Security Instrument.or there is a lega! proceeding that ma� significantly affect Lender's rights in the Property (sisch zs a
<br /> proceeding in b�nknr.�CC.w•.prd�te.for candemnation or forfeiture or to enforce laws os regulafions), then Lender maY do�
<br /> paY for whatever ic ae�xsvary to protect the value of the Property and Lender's rights in the Property. te�r's aeuoas cnay
<br /> include paying an3+ surnc secured by a lien v`hici� has prioriry over this Sr�.'urity Iiutrument, app�ariu8 in eourt, paYi�►g
<br /> reasonable atwmeys'fxs�nd entaing on the Prupzrty to make repairs. Alttwitgh l.e�der aray take action under this pa�n�graph
<br /> 7,Lender does noc have to do so.
<br /> My ainounts disbuned by Ixnder under this puagraFlt 'T sha11 became additiona9 debt of Borrower secureci by this
<br /> Secyrity Insi�ymen�t.(;nless Borrower and L.ender agree to other terrns of�ayment. these a�wunts sha11 beu'�ncerest from t}�e
<br /> - daN. oi c:isi::u���tlsc Note nte and shall6e gayabk. with interest, upon notice from Lender to Borrower �equesting
<br /> PaYment.
<br /> 8.Hwtgage lasurance.If Lender required mortgage inwrznce as a condition of m�king the loan secured by t�i�S�cur'h'
<br /> I�. gorrov,•ec shall p�y the pnmiumc required to mainttin the mactgage insurance in effect. If.for any te�on. the
<br /> mortgage incur�nce cvwerage rcquired by Lender L�pses or c�ses to be in e.'k�t.Borrower shall pay the premiums ttiquired to
<br /> obtain covuzge substantially oquivalent to the moRgage insurance prcviousty in effect,at a cost��,ti�tT��>>ty Wuivalent co the
<br /> cost eo Borrowes of the mortgage insurar�ce previously in effect, from an�Itemate mortgage insurer approvtd by l.ender. If
<br /> w�i�lly equiv�lent mortgage iruur.nce coverage is noi available.Borrower shall pay to Len�ler exh motuh a sum Wual to
<br /> one-nvelfth of the yearly mortgage insurmce pmarnum being paid by Borrower when the insurnnee coverage lspsed or ccaced co
<br /> ���,Irndes Hill accept,use and retain these payments as a loss reser�e in lie:i of mortgage insur�noe. I.oss re�n'e
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