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<br /> � 5. H�rz�t+t! or Pso�criy �surucc�t. Sartower shall ts�ep the �mprovemenu now existing or hereafter erected on the ___
<br /> ��=�1�Y insured sgainsz loss by ►�ir�.t+azncds 's�iciuded wiG"�i�9he ter,r► '��nded c�ier�g�" ar�a�y u:ltti.h.�sQs.ir�slu�g
<br /> " tlaads or flaadins.far which Leader require§insurance.This ia�urance shal!be rttaintairte�in the amounts artd for the periads �=�
<br /> thuY I.ender requires. The insurance carrier provedir.g the insurance shull bQ chQSfn by Sorrower subjeri to Lender's epproval ��=
<br /> svhfch shall r,ot 6e unmasonahiy withheld. If Bnrrower fsiils eo maintain coverage descri6ed�ove. l.ender may,at Lender's
<br /> aption,o8tain cover�ge to protezt i.ender's rights in t�e Prap�rty m uccar+dance with paragraph 7. :
<br /> ' All ansiara4ce polities and re�wals shall be aooegtable to Lendo�and shaal inslade a stnndard mortgage ctause. I.eQder ;'
<br /> � �,�;�l1 have the t3ght to Iwld d�e policies and renewals. If Lender reqvires,Sorroiver shal!promptly give to Le�id�r al! receipts of --
<br /> '�:��,,� �aid premiums and rer.evrnl notices.In the event of toss,�orsower sSiall�ive prompt norice to the insurance carrier�d I.ende;.
<br /> �'= Le�der may rr�eke pra�f of loss if not made pr�vmpdy 6y Boraawer. ��-�
<br /> �''� Uatess i.arder a�d Bosmwer otheewise . -
<br /> ,:..�. agree in writinn,insura8ce proceeds shs�t be�lied t�r restoratio�a or r�a#r vf ih:
<br />'�i��': Ftargerty dam�ged,if tiie restor2��on or rzp�ir is ecoaomicaldy feasible and iender's s�rity is not lessencd.If stsa restor�etiac or �'�
<br /> -:`.���;, crsp�ir'ss aos eoanomically feasiblt�or I.ender's security would be lessened,t3se ic�surance proceeds shtill bu applied co the sums �==
<br /> �acur�d by thss Security Instru�eat,whether or nat tl�en due, �vith any eRCas paid to Borrower. If Sorro�arer abandons the �:•�
<br /> Acngerty. or dnes aat answer within 30 daya a noace feoar�Lznder tl3at the insuranoe cacrier hns offe�d to settte a elaim,then °�-__°
<br /> L�der may coldect the insurance praceeds. Iaader may e�se the proce�ls to r��ais or restore tha l�vperty or tm pay swns °�"
<br />:s:;;.�''', aacursd by this Securiry Iastnuneat.wket0er os nas thea due.T6e 3�-day gEriod��ill begin�vhen tba notice is given.
<br /> _•:4;.�,1 Uuless LRnd�r acd Sormwer otharwise agree in wsiGnII. any application of prooaads to prdncipal shull not extead or
<br />''��`''r'� ��sq�one the dua daie of the monthly payments referre�l to in para�raFhs ! and 2 or chunge the amnunt of tha payments. If �!
<br />��F��i;.•.
<br /> :'-.��°t under paragraph 21 tbe Pro�erty is acquired by L.ender.Somnwer's right to any insuranoe policics and procee�i.9 resulting from �-
<br /> ��. '; dnmage W the Fmperty prior to tl�e acquisi6on shail pass w Lender to the exoeat of the swns secused by this Securiry InsUVraeat ��_
<br /> ?� rf �iatety prior to the aoquisition.
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<br /> ,:;:s.�, G.Oeou�aasy,Pt�ervatlan,Mata�aaacc sicd F�csBAC�aa of the PtogertY,Borrower's Loan Appttcoli�n;Lease�olds. e�
<br />`•�'t�'"� occupy.estab6sh,and use the Pm ss Borrawer's rin al resdence within si da s aMr the eaecnEian of �`�;
<br /> � s, B�on�`�rer sItal! Pert3► P �F xtN Y
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<br /> ` f�Y�►�:, this.Secutiiry Itstrument aad shall continue to oca�y the Fmperty as Barrower's priacipa! residence for az least one year afi�r --
<br /> :�_....,
<br /> ;! � ttis date of�upancy,unless Lender otfcernise agrees in vmtinb,wl*..ich oonsent shall not 6e unmasflrinbly withheld,or unless �(
<br /> l�` , estent�ating cstsamstances exist which x�e�eyond Borrower's oa�sirnd. Bortower shali not destroy. damnSe or impair th•a
<br /> Fraperty, allow the�roperty to deteriar.�ti, or commit waste oa th P�operty. Borrower shal! be in default if any forfeiture
<br /> aetion ar pmeeeQing,whether civil or criminal. is begun that in Lender's gaad faith judgment wuid r�utt in forfeiture of t1� �.
<br /> Fmperty or otherwise mateaially impair the lien crezted by this Security Instrument or Leader's security iutems4_ Borrower may � '
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<br /> caire such a d.fault and reinstate.as pmvidr�!9n paragraph 18.by causing the action or pmceedsng to 6e dismisse�with a nili�ng -�°��
<br /> , t�►at, ia Lerrr,�°s goo8 faith determ3natiaEr,.�recludes forfeiture of the Borrower's interest in r�:Q Pmpe�y or ather matc-�sa! _
<br />: _ it�rairmeat�&��e lien created by this Se�srsty Fas�umsAt or Lender's securiry interest. BOIIL 1!/'�SI18II BJSD LC 119 dC�f7jIIQ�TF -
<br /> • H'4rsower,dr�ng the laan appGsanion process.gave mnt�ally fatse or inaccazars urfrarmatiou or statements w.1,.�,uder(ar�f�ii�tl r•�
<br /> . '�. to pra�ide�der with any material usformation)in cnmsr�tion with the loan evi�^ced by t(te Mute.inclu�„S���aut l�e�isec9 ���:
<br /> to.npr�fcti�i'rms conceming Boreawu's a�ancy of the Propertj,r��priacipal residence.If t31is Security trs�v�i�cx�:.s
<br /> . leasehoi�.�$�ower shaU comply with al!t�ie provisions of the•�`c.�. Yf Barrawer acquires. tr� dtte co sh� Pmpc�� �
<br /> •. �; j1�►�old a�t@e fee titte shall noi mer�e�inIess Y.ender agm,rs to tFe:�rger in writing. �--
<br /> :'�.i'i��d�m of I.ender's Ri}yUis in the Qiopertp.If Borrower fails to peaform th�mveaants and agrde�nents containad in -- _
<br /> ._`i tlfics��ecuriry Instcuat�nt,or there.is a legal procesding that may signifcamly affect I.ender's rigbts ir�the I'rag�eYty (suci�as a -- --
<br /> yroceeding ia 6anlcmptcy,pmbate,for cqrxt�nmation or forfeiture or to enforoe laws or regulatioas),thea Lender may dn a�1 .
<br /> � ` pay far whatever is ne�crssary W protec�th�value of the Property and Lender's dghta in the Pesoperty. I.ender's actions may R" '
<br /> ' `�.� inciude paying any sums secuied by a litin.which h9s prioriry over this Se�riry Iastrument, appearing iia court, paying �
<br /> r.�nsonable auomeys'fees and entering on the PropsRy rn..malce repaiis.Aidwugh Lender may take action umdes this part►gmph
<br /> • ;i n;.I[�Aer daes aot 6ave to cb so. � •�.�
<br /> ..1�,�:; . /1ny are�ous�u dlsbursed by Lender under tY�,Ja�,ph.7 s�all become additioaa� debt of Borrowet secvred by tttia : �
<br /> :,js��f Security Insti�tenf.LJnless Borrower ssnd.Lender�st'.�e tr olher t�ttv�of paymaent.these amounts shall hear igterest frorn tho
<br /> >��!�' _ date of disbutsemeat at the Note rate and shall be p;�;sfi;�e, wiih rntr��:st, upon notice from L ender to Boaower reqarsting
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<br /> 8.Mortg�ge Insun�a�e.If Lrcider reyuired mortgage incwance as a cflndidon of maYin�the loan seaued�y tlnns Securiry
<br /> Iastzumeat, Borrower shall pay t�e premiums re,quired to �aiatnin the mostgage insuYance in effut. If. for any reason. ttoa =--
<br /> . mortgage insurance wverage required by Lender lapses or ce�ases to be in effoct.Borrower shall pay the pmmieuns reyuorcd w
<br /> ' o6tain wverage substor►tiatly eqaivalent to the mortgage in5uranoe previously in effect.at a cost substaniially equivatent to tI� �:
<br /> ���' cost to Borrower of the rnortgage insoraace previously in effect,from as altemate mortgnge insurer approvesi by Ler�er. U
<br /> �. ''� �u6stantialIy equivafent mortguge insuraace coverage is not availabie,Borrower shu1�pay to Lcnder each�no�n a sum eAn�ta _...
<br /> '� one-twelfth of the yearJy mortgage insurur�ce prenvum being paid by Borrower wr�ca the insuraace coverage lapsed or ceasod i4
<br /> �s�:. ,i i be in effect.l.ender will accept,use and cr.tscir�these payments as a lavs reserve in tieu of mortgage insnrance. Loss teserc•a
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