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<br /> S. Yr�►ra or Y'roperty Iti�.tura�iee. 13ofro�vrer sl�al[ kce� th� inig�ovem�nts no�v existin� a' here,�fter crr,cu,� on the
<br /> Propeny insuT�d agwns�toss by fire, h;uards included within th�term "cxtendal coverage" and any other hazard��, including
<br /> floads or flooding, for wbich Lencler n:qulrc.g insuranee,'I'hls insurnnce shall be muintainecl in the amounts an�l for the�periods
<br /> ttiat Ixncler requires. The insurance caxREcr nmviding the insuruna shall be cliose»by 13orrower subJect to Lcnd�r's approval
<br /> whieh shall not be unreasonsbly withhald. Yf 13orrowor fails ta maintain coverage described ubave, I.ender may, ut Lender's
<br /> option,nbtaln covcraqe tc►prntect l.c»dcr's rights in tt�c Praperty in accordance with pars�graph 7.
<br /> A!1 inYUrw►ce poticies and renowalR shall be scceptable tu i.ender and shall include u stundu��d �i�a►t�age clausa. Ia:�ul�e =
<br /> nhall heve tlse right to hold the policie.+ancl rencwals, If I.ender rcquires,Horrower Fhall pmmptly givc to Le�xlor all taxipts ef
<br /> pstid premiumg a�xl renewal�x�tfces. In tha event of lotis,Borrower shall give prompt natice tu tho insurnnce cuttier a�xl l.enJer.
<br /> I.erxler may make pruof of losw ff not mude prumptly by Borrower.
<br /> Unless I,ar�ler and&►rrower utherwi!u�Wgree in wdting,insur�ncc pr�xads ehult bc Tppllcrl tc►rc+toradon e�r ntpair af tha
<br /> Pmpeny dameged,iY�he�cytc�rw�inn�+r rcprir ix eroncrmlcplly fcaxibic und I.eixier'R ucurity ix�x�t Ictiunal.lf thc restorution c,r
<br /> repalr iK�xK�x.y►nomicxlly ft�uihle�►r I..ci�r'r�Recurity w�wid Ae leyscnai,�ho insura»ce pnkcr�t�xl►uU lx�wpplia! to thc sums
<br /> Faural by �hl� 5ecurity Invl�umcnt, whr�her ar �xn �hen dua, wi�h any cxc�s.r�xid uf 6larmwcr. IP ficirrower abandons the
<br /> F'n►pert�.nr duta rxK nn�wcr wUhin:{A QwyK a tx�Nec tmn�(,�rxfer that thu inyuruixe currirr r�NS offeral tc►:►rtUo e cl�em,then
<br /> l,encler oju�y rull�tct ths inrurNncc pn►ceociN. L.e�xler nuy u�:c thc pr�xecdc ta �r,puir ur re�toro Ihc i'rs�peny ar to pay sums
<br /> �rcuraf by Ihi.r tiecurity lntitrunxnt,whethc:r or�x►t thrn due.Tha 30-day perlad wlll begin witcn th�notic:;iq given.
<br /> Unlrae I.ender eu�d Born►wr,r cNhnrw6�tc +►groo in writing, t�ny appUcation ot praceeds to principal shaU not extencf ur
<br /> �.l��•it�;ii��e 41�ta nf the n�nthly pwyn�cnta rcferrod to in pucagraphs 1 �nd 2 ar chwngc tho s�o�xwnt of the payrrxnts. If
<br /> under�axxgraph 21 �t�Prope�ty is ucquired by I.endar,Borrower's right to any Insurance policies and pmceods resulting from
<br /> dam�ge to the Pmpeny prior to thc acquieition shall�rsse to l.ender to the extent of'thc surns Secural by this Sa:urlty Instrument
<br /> immaiiatcly pxiar to thc ucquisition.
<br /> 6.Oecwpu�cy,Preeerv�tbn.11+Idnt��e and Prota�'tion o[the Tlropertyi Borrnwcr's Loan Applirxttoni Leasehold�.
<br /> Borrowcr sh�ll oscupy,est�blish,un�i use Qie Property as Hc�rrower's pri�tcipal residencc within sixty days after the exxution of
<br /> this 5ecurih�Instnunent ancl shall continue to occupy �he Froperty ns Aorrower's principal �rsidence for at le�ut or�yoar after
<br /> ths date of cer,upancy, unl�ss Lender othcrwise Rgrces!n writing,which conser�t shall rat be unroasonably withheld.or unlcss
<br /> extenuating circumstux:es exist whict� are beyond Borrower's control. H�orrower shall nat destray, damage or impair the
<br /> Property, allnw tht Property to deteriorate, or commit waate on ti�e Propettv. Barrower shall be in defaulc if uny fodeiture
<br /> action or pzoccoding, whether civil or criminnl,is begwi tl�at in�nder's good fuith judg►naut could result in forfciture of thc
<br /> Pmncny or osherwlac materially impair the lien c�eated by this Security Inst�wnent ar L.erxkr's sccurity interest.Borrower may
<br /> cure such a default and reinstate.as pmvided in paragr�ph !8.by causing the action or proceeding to be dismissed with a ruling
<br /> that, in I.ander's good feith dctermination, �►rccludes forfeitur� of the I3orrower's interest in tha Pr�perty or other materi�l
<br /> im�irmenR of tho lien created by this Security Instrument or I�:nrlcr's security intercst. Borrowor shall also be in default if
<br /> Borrow�cr,�9eiring the loan applicztion pmcess.guve nnaterially fal�flr inaccurate infom�ation or statements to Lender(or failed
<br /> to providt Lendtr with any material inf�irmotton)in con►►ection vii��the loan evidancod by 4he Note.including,but not limited
<br /> to,reprc.scntations canctrning 8orrower's occu�mncy of the Property as a principal residence.lf thi�Security Instrument is an a
<br /> Iraeehald, Borrower shall comply with all the provisiot�s af the lease. if Borrower acquitcs fa title to tt�t �'mperty, the
<br /> leasehald utic}�tho fix title shall not merge ur�lesy L,ender egrcp tm the merger in writing. .._
<br /> °^---- :r fai'' ..e....., e ..,...N; o M�a�m,..n,.�t�M�rA��iv►.n
<br /> 7.Ptot+�Ctioq oi l.enaer`s etigiu�s an ine iTOperiy.I�:,�,.�.r•��.,- w io g�....,....��:,.,... �nt., o._� .
<br /> this Security Intuument, or there is�e.�e�al proa.•oding that ma�.�s;;�niGcantly affoct f.zndor's rights in the Froper►.Y(btjch�es a
<br /> prac4cctin��in banknipccy,probate, for condemiwtiixA or forftitaaq�or to enforcx laws or regulatiu�u},then Lender mxy do and
<br /> puY f�r'�yl�auver is rKCessary to protect the velue:�.�i c;fe Pc�opnrty and I.ender's rights ln the Property. i.ender's aaiwu�may
<br /> includ�..�srying arry sums secured by a lien which tu�c pric�r��c� over this Sewciry Instroment, appearlr�g in eoutt�,,paying
<br /> reeso►�ila�attorneys' fas and entering•rm thc Property to �nake:�:�;pu:rs. Althottgh Lender msy take actlon ur�der this�pnrsigtnph
<br /> 7.I.CI)I�EY(ICit9 pQt I13YC t0 d0 SO. �:�� : �.:., ' ,.
<br /> Any atnounts disbursal by Lendvr urxler this paragraph ?�Hall beoome additiot�al debt of B��'c��Wer secttrot!•��y�i1�is
<br /> , Security In�trument. Unless Borcnwcr�d Lender agne io other�tertrs of payrtxnt,these ama�nts shall�6c�r interrst fmm.the .
<br /> date of,diaburaemenc at the Noto r�iu iind shall bc puyseble, wi4:, interest. upon �toticc fmm i,cnder tu�Borrowu n�n�cting
<br /> pav.�nt.._ ' .:'.. ,• ,
<br /> . .'?;S;`1N1�►rt�e Insunwce.If Lender i�quired mc►rtgage insz;!ar�nce as a oondiHon of m�iang the loan secured by thiR�$ces�rity
<br /> .'ingttu�en#; Borrowcr shaU pay the prcmiuins requimi to maintaln the mortgago insurancc in cffact. If, foi any r�sba, the
<br /> ' mnitgage„insuru�ce coverage requirod by Lerxler lags�es or ceases to be in effxt,Borrowar shall pay tha premiums required to
<br /> outairs;r.ov;ei�gc substantially cyuivulcnt�to the mottgagc insurance previously in effoct.at a cost substantialiy equivala�tt to the
<br /> cost ta��trnrowcr of the mortgage insui�nce pneviously in et;iet��.,from an altemxte mongage insurcr appmvqd by��enclss. If ;
<br /> substantialty oquivalrnt mortgagc insurance coverage i�r.cil avu:l�tinle.B�rrower shall pay to G;ndcr cac4�month a surn egual co ;
<br /> on�•twetfth of the yes►rly mnrtgage insurance pre�m�l'b4ing paicl by Borrawer when the insura►xx rnvcra�s,��pstd�pr aeasod to
<br /> be in cffect.Lender will accept.use and retuin th�sc,;�ayanenu as n toss reserve in lieu of mungago insunana. Loss�c�serve
<br /> ' Form 802�8 9l80
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