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<br /> S. ti��+ird or�' ['r+�ji:�-ty Iacur�uuti• BorroK•er shall kee� tt�e in�rovenxnts now cxisting or hereafter trecced m the
<br /> F�u�x,iy ir�;��3:,gar�:l.�,;s by t�::e. �^'..w..^H.ls ir�•!_� M+ithin th� t�rni 'extraW�xl rnverace" �utid anp other h:sl:snis. inluclinY -
<br /> floods or flaalin�, for which Lender�tquires ia�urance. This insu►•a�xe�luill t+e maintainal in the sunounts and fc�r the pe�iods
<br /> that l.ender rcq�irrs. The insuru�ce c:urie�providing the insuran.e shall be chnsen by Bc��rau•er subject ta l.en:ie�s:�proval
<br /> whicl► shall not bc unre.:�sanably wiUiheld. It Barrow•er fails ta maintai�i�t�vei�abz describc9 abo�•�. Lender n�y. at Lender's
<br /> o�tion.obtain coverage to prc�tcct i.enikr's rights in the Prope.rty in accordattice wid�par�graph 7.
<br /> hll i�uura��►ce policies and renew;Js st�all b�: acceptable to F.ender and sha�� ir.clucle a ctarxiard mortsagc ctause. Lender
<br /> shall ha�•e thc right to hold the policies and rcnewals. If Lerxler cequires.Borrower shall prumpdy give to Lendcr all receipts af
<br /> paid premiums unci renewal notices.In the eF•ent uf loss.Eiorrower st�all give prompt ncuice to the iiuurance carrier and I.eixltr.
<br /> Lender may malce proaf of loss if not macle prumptly by Borrowcr.
<br /> Unless[.ender und Borraw'er atherwise agree in writing,inaurance procecds shall be applied t�restoratian or repair of the
<br /> Prop.rty damaged,if the restoration or re�air is econornically fcasible mxi Lxix3er's security is not lessened. if the restoration or
<br /> repair is not econonucally fe:�ible or Lendcr's security would be lessened.the in;urance proceeds shall be upplied to thc sumc
<br /> secured by this Seeuriry Inttrun�ent, whether or not then due, with a��y excess paid to Borrower. If Borrowec abandoac the
<br /> Property, ar dots not answer within 30 days a notice from l�:nd�r that the insur.uue carrier has offered to�ett!e a claim, then
<br /> Lender may collect the insurance proceeds. Lende: may use the proceeds to repair or restore the Property or to pay sun�s
<br /> sacured by this Security Instrun�ent,whether or noi then due.The 30-Jay period will begin whrai the notice is given.
<br /> Unless Lender aud Borcower othenvise agrcY m writing. �nY a{�Plication of proceeds to principal sh�ll not exten�i or
<br /> postpane the due dat� of the monthly p�yments referrad to in paragrrphs 1 and 2 or changa the ar.�ount ui tne paymuus. ii
<br /> under parigraph 21 the Property is acquired by Lender, Borrower's right to�ny insurrnce policies :.nd proceeds resulting from
<br /> darnage ta the Property prior to the ao�uisition shall pass to Lende*to the extent of the sumc se::u�d by this Sacuriry lnstn►ment
<br /> in�iatcly prior to the acquisition.
<br /> 6. Oocupa�.y,Pretcrvatioa. rtaiptenaa�r�nd Protecian oi iae rruprra.:60.:�w•�;'s Lea.�ap�l:sat3aa;r^4C• !�.
<br /> Bonower st�all ocxupy.establish,and use the Prope�4}as Borruw er's priacipal residence within sixty days after the exeeution of
<br /> this Socurity Instrument and st�all continue to occuPy the Fropercy�Borrower's principal residence for�t least one year after
<br /> the date of oocupancy,unless Letu:er ottienvise agrees in w�ritin�.which consent shall not be unreasonably witt►held, or un+ess
<br /> extenuating circumuances exist whicfi are txyord Borrower's tontrol. Borrower shall ncu destroy, damage or impair the
<br /> Property, a11ow thc Pt�operty to d�eteriorare, or commit waue o� the Froperty. Borrow+er shafl be in default if any forfeiture
<br /> action or proceeding. whether civil or criminal. is t►e�vn that in I.utider's good faith judgment c�uld tesult in forfeiture o�'the
<br /> Property or otherwise rt�aterially impair the lien creatod by this Security Inswment or Lxnder's security interau. BoROwer tnay
<br /> cun svch a default and reinstzte,as pmvided in paragraph 18.b�causing the zcdon or pnaoee�ing ta be dismissed with a ruling
<br /> tt�at, in Lender's good faith determination, precludes forfeiture of the Borrower's iaterest in the Property or other material
<br /> impum�ent of the litn creatad by this Securiry In;�rument or Lender's security interest. Borrower shall also be in default if
<br /> ; Bartowa,during the losn application process.gave materially false or nnxcurate infortnation or statements to Lender(or failod
<br /> ta provide I.ender with any materia!information)in w�nection with the loan evidenced by the Note, including,but not limitod
<br /> to,repr�tions conamiag Borrow-er's occupancy of the Prope�ty as a principal residesxe.If this Security Inshument is oa a
<br /> kae�3�old, gorsowcr shall oocttply w-itb all the provisianc of tbe lease. If Borrower �oquires fee tilk lo We Propetty, the
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<br /> Ir.snl�old�nd the fae tiUa st�.aff nat mtrge unlsss I.ender ames to the merger i�wriring. . - ----�--
<br /> ��p�ction ot Le�er•s Righis in�he property.If Borrower fails to perfarm the covenan�c atd agnoert�ents contunod in
<br /> t(�is Security Instnunent.or there is a lcgal proceeding tt�at may significantly affect Lutid�r's righis in the Property(such as�
<br /> proceedieg in bar�1c►uptcy,prob�ce, for condenu�ation or forfeiture or to enforce laws or regularioas),then Lender may do aAd
<br /> P�Y for��atever is nea.uary to protect the value of the Property�nd Lender's righu in the Propaty. Lender's actioac wy
<br /> incluaie �ying any sums securod by a lir.�which has priority over this Security Instruu�u. apQearing in 000rt. paying
<br /> reawnable attomeys' fees and entuing on the Property to m�ke repsirs.AIt1�ouYh Leader may taice action under this pangnph
<br /> 7.I.eades does not 6ave to do so.
<br /> Aati a�noiutts disbunod by 1.�ndrr under this paragraph 7 shall bxome additianal deW of Borrowu sa�red by this
<br /> Suuriry Ynst�nt. Unless Borrawer and L.ender agree to other terms of payment. ttuse unounts sh�ll bea�'�nurat from tbe
<br /> cDsie ef d'�r��. at thc S�ote rate artd shall � gsyablr. vy+ith irNerest, upon rotioe from I.�ada'w Botrower�+o4uat+o,�
<br /> payaxnt.
<br /> 8.Mortgage Iatunooe.If Lender requited mortgage insuranoe as a cwdition of rnaking tbe lov�sxured by this Security
<br /> ilutrument. Borrower s}�all pay the prc,miums required to m�:"r�in the mortgage insunrece in effxt. If. for any reason. the
<br /> moKgage insurutice coverage requirod by Lender lapses or ceases to be in effect.Borrowa shall pay the premiums roqulred to
<br /> oMain ooverage wbstantially equivaTent to tiu mortgage insuraace previously in effax.at a c.ost subst�ntially equivalent to tlx
<br /> oost to Borrower of t2ie mortgage insur�nce previously in effect, from an altetnatt mortgage insurer approved by L,eader. If
<br /> substatuially equiv�lesr a�rtgage inwrance caverage is not avtilable. Iiorrowu st�all pay to Lender each month a sum equal to
<br /> ono-twelfth of the yearly mortgage iasurance premium being paid by Borrower when the insurdnoe oaverage lapsed or a�ced to
<br /> be in effoct. L,ender will accept,use�nd rnain these Payments as a loss reserve in lieu of mortgage inwr�nce. Loss raerve
<br /> Fore�3C�E 9190
<br /> r.o.aae
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