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<br /> S. i�atard or ji'rv��erty Iwwi�+�wc�e. A+K�t�K-cr afult l.�a:�thc, impra�•.:nes�u twt:��e�cistins or hercaller er�.ta►i �u� the �__
<br /> I*ra�krty i►uur.J:�aittu la�c by �irc. Fu�zattilr irk•luiltd wl�hin tht tenn "cxtcixiui ca�•cnt};:e" uxf a�iy other iwzards. includinr -
<br /> fl�xxls ur ElcxKfinL,fur which LenJrr rcyuir���isura�x�. This iiuur.ukti sh•r11 t+� m�lniai��i in ttsr z�rxwnlc and for thc periuds _
<br /> th�t txixler ra�uii�.c. Th� ii�wr,uue cu►•le�pruvidi�yt the insuruicc�hal! bc rh��.cn by� Rorruu•er wbjitit to Lr�xler's approval _
<br /> which xhall �r►t be unre:wH�bly withheW. IP Burruw•er f�ils ta nuiivain ��ti�er�c ckscribeci ubave, Le�xter nuy, at Le�xier's
<br /> uptku�.UZI�"llll l'J�'C:"�c!u pn�tnt i.en�tr'.rirhtc in thc Pn�+rr�y i���ti�.�rdarn.,wi:h pa:sgr�h 7. _.
<br /> A!1 i�►�uriu.�w�Jkl:s �x�1 rc,A..u•;a!a slull 6L �cceptable to l.etxkr r�xl clwll iixlucie a starkiard uwrtgage clause. l.eisder _
<br /> �_u �„.._.���:..�....�..,u�t...,..,lk.i..�rwl rouYwAt�.If I.etl�ler lCUUitt:ti.St1IlU1Arv1'L�IS�� PfOiRjllly�i�•e ta i..eiuter all receipc�ui
<br /> i1Wt IM�V�Iw •�������.�.�...�.."�1.._..�._. _
<br />� pald gremiums and rctkw�l rn�ices:. in the event of bss. Bw'n►w•er shrll�ive pront�t rwtice to�he inwrance carciu;uYt Lender. _
<br /> L.c�xl�:r nwy ma1;e pmof of loss if nat m.uic p�umptly by Rorro�•er.
<br /> Unless Lerxlr�;uxi&,n�w•cr i�then�+ise arra. in writing, inwrance proc�csds slwl! be opplied to re�toration or rep:►ir of'the
<br /> Propeny dsuiu►�ed,if the re.uontion ar�+e{�ir is aononucaliy fcacible anc�[.eixiec'a sccurity is not lesscned. It the mstoration ar —
<br /> r..pair is nat ecunnmically fessibte or I..cr�ier's securiry �•ould be le.esene3. the insurance pracca�s shall be applied ta die wmc
<br /> secured by this Security Insttument, w•hether ar na tlun due, with zny ezeess paid ta Barrower. If Borrou•er abandocu che
<br /> Property, or ckies not answ�er within 30�ys a notice from Le�xi�r chat the iiuur,uue carriee has affered to scttle a clain�,then
<br />• I.ender may cx�lltct the insurance proceeds. Le+xler may use che Ptc�cee�s to repair ar restore the P:openy or to pay sun�s
<br /> secuml by this Securiry Itutrument,whettier or ncu then due.The 30�day period woU begin when the notice is given.
<br /> Unlc.cc Lender and Bormwer nit�erwise agt+ee in writing• nnY �plication of proceeds to principal shall not exteod �r
<br /> postponc the due clate uf d�e mottthlY p�Yn�ents r:.ferrod to in paragraphs ! and 2 or cfwnge the aniount of the payments. if
<br /> under paragraph 21 the Property is acquired by Lender. Borrower's right to any inwrance policies and proceeds resulting from
<br /> dsmage to the Property prior to the acquisition shall pass to Lender W the eztent of the sums secured by this Securiry i�utrument
<br /> ittu[sediately prior to the acquisition.
<br /> . 6.()ocuoaacv.Preservxtba,111ninteaance aad Pratedion of the ProPertY;Borrow•er's I.oaa Applicatioa;Leaseboi@s.
<br /> Borrower shall occupy,establish.and use the Property as Bomower's principa]residence wiuun sixty days ai4er u�cacia.io�af
<br />' this S�urity Ittstrumetu smd sh�l1 continue to occupy the Property as Bomower's principal nsidenoe for at leasi one year afur
<br /> the date of occupancy.unless Lender other.vise agras in writing. which consent shall ruu be unreasonably withheld. or u»leu
<br /> • extenuatiqg circumct�nces exist wh:ch are beyond Borrower's control. Borrower shall not destmy. damage or im�air the
<br /> Property. allow the Property to detcrior�te, or cammit waste oa the Propeny. Botrowu st�ll be in default if any fodciture
<br /> action or proceading. whether civil or criminal,is begun t}�at in L.ender's good faith judgment could result in forfeiture of the
<br /> propertY or otherwise materially impair the lien created by this Security Insuumertit or L.ender's security interest.Borrower may
<br /> cure such�default and reinstate,as provided in par�graph 18. by causing ttu actian or prooeediag to be dismissed with a ruling
<br /> that. in Lender's good faith determination. precludes forfeiture of the Borrowu's interest in tlu Property or dher mater:al
<br /> impaimtient of the lien crrated by this Security Instrumcau or Lendtr's security interest. Bortower shall �lso be in default if
<br /> Borrower.during the loan application process,gave materi�lly false or inaccunte infornmtion or statemer►u to Lender(or failal
<br /> . to provide i,ender with any material infomzation)in coruKCtion with tbe loan evidenced by the Note. including.bu¢not limited
<br /> to,representations concenung Bonower's occupancy of tho Property as a principal residence.If this Securiry Instrument is on a
<br /> leauhold. Borrower st�ll comply with all the provisions of the lease. If Borrower xquires fee titk w the PropercY. the
<br /> + 1e�sd�o{d aod the fx titic shall aot mergc unless L.ender agrxs to the merger in wridng.
<br /> ; T.Protaetiaa ai I.rac}n's R��ts en the Pt+�per�ty.tf Bc�rrowu failc to perform the mveaants at�s�e�ts�d in --
<br /> {• this Se..uriry Insttumeni. or there is a legal proceeding that may signifcandy affect I.ender's rights in the Property(such as�
<br /> � proaoding in b�nlnvptcy.probate.for condenu�atia�or forfeiture or to enforce laws or regulations), tlxn Ler�der maY do and
<br /> � p�y for whatevu is necessary eo protect the value of the Property and l.ender's righis in tLe Property. I.ender's actions may
<br /> include paying �ny sums securod by a lien whi�ch hzs priority over this Secutity Instrument. appeuing in eourt. paYiA8
<br /> reasw�ble attornrys'fets aad entering on the Property to make repairs. Althcwgh Lender may take xiion under this paragraph
<br /> 7.L,wder does not have w do so.
<br /> My unounu disbursod by L,ender under this paragraph 7 sha11 beeome addition�l debt of Borrowu securcd by this
<br /> Security Instrumast. Unkss Borrower and Leade.c�gree to other terms of pay�,these auaunu sha11 bear inurest from the
<br /> d�te of disbursement at the Note r,ite and shali be payable, with interat, upon notice fran Lentkx w Borrowa requesting
<br /> PzY�.
<br /> $.Mortgsge Iffiurance.If Lender roquired mortgage insuruue ac a oondiuon of r.�king the loan sax�red by this Socurity
<br /> Inst�t,Bo�rower shall pay the premiums requiced w maintain the mortgage incuru�ce in effect. If. for any reason, the
<br /> mortgage iasunace oo��rage roquired by Lender lapses or ceases to be in effect. Borrow�r sl�all pay the premiwns required to
<br /> obtain oovenge substantially equivalent to the mortgage insurar�ce previously in effect, at a oost subst�►tially equivalent to the
<br /> oost to Borrowcr of the mortgage inwru�ce previously in effat. from an alurnate mortgage insurer approvod by E.rnder. If
<br /> suixtantially equivalent mortgage insurance coverage is not available. Borrower shall pay to Lender each month a sum equal to
<br /> one-twelfth of the�early�rtgage iiuuranct prunium being paid 8y Borrower when the insuruice coverage lapsed or crased to
<br /> be in effoct.Lenclor will accept.use and retain thzse p�ymencs as :+loss reserve in lieu of mortgage iasuranca Loss reserve
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