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<br /> " S. 4�� or I'tn��ra8y 1�s�. �orrotvgr �all keep the iaipmveme��ts no�v existing or hereafter erected on the
<br /> _ Frop_rty €s�aursd against lass by �i�e,ha�trds includat within tite tercn °extended wveaage° and any att�er ha�ards. including c,
<br /> _^_—� ftopds or 4iaadiab.for a•hich Lercder requires insaranc�.This insurance si�all�e maintain�d in the amounts aad for the pe;iads �
<br />—— m�t�rxi�r req�ires.ia:iusum.�s.-�iiu—.����vi.:in��'�e��-ar��3:�cl�n�, �rcower��� ;ec:r�t P,�„t�� ��mval __
<br /> wlue�shall rtoi 6r uaresuoitably withheld. If Borro�ver fails to m�intain cuo�erage describad ulyove. Lender may.at Lend$r s
<br /> ���, apii,an.obrain coverage to protect Lender's ri�hts in the ProF�rey in a000rda�ce with parsgraph 7. �_
<br /> All insbrance pol€cties and r+enewals shall be axeptable to isn�er and shall include a standand mortgag�clause. Lender
<br /> . shal!have the right to tn�1d thc policies and rene+vals.If Leader re�uiies.�arrow�r s4a11 promptly sive ta Lender all receipts of
<br /> `` ' paid premiums and rens�val aodc�s.In the event of loss.Borrawer shall give prompt notia to tht ins�rance caxrier u►d l.ender.
<br />� � Leader may make proof of t nss if aot m�de promptiy by Bomower.
<br /> Unless Lender and Borrower oihetvvis�ages in wrieng.insuiance pmc�eds shall�e apptied to restoration or repair o�titt F
<br /> Progerty damaged.if the r�storatinn or repair is ec�nvrr�icalty feasi6Ee aad Lender's security is not lassen9d.If t6e restoration or p
<br /> ' '� repair is aot ecoaomically feasibt•.ar Lende�'s secur��,► would be lessenad.the insurance proceeds shall 6$applsed to the s�mc
<br /> sec�re�by dus Sea�rity Ius�m�nt,whethar or nat c�tea due, with any exc�ss ppid to Borrower. If Sorrower abandons tlse �
<br /> • • ,�� Property,or does not ansc�rer wIth�n 30 days a antie2�enm Le��r duit tha insur4nce carrier has offezed to seuie a dsim. then —.
<br /> •� <� Leadet c�ay coltect tha insnran� praoeeds. Lezder may us:the prose�s to repair or restore the Progerty or to pay snms
<br /> s�by tPiis Security Instrument.whether or not th�n due.'Ph,c 30-day periad wi11 begin cr•hen the notiae is given.
<br /> ` tJaie,ss Lender and Honow�r etderwise agr+ee in writiag, anY a�Plir.sfion af pmce�ds to prinapal shall not eactead or
<br /> postpnne tts due date of ch�mofutily payQnents referr�d to in paragrapl�s 1 and 2 or change thz ammeni of the payments. If _
<br /> � under Para&`aph 21 the Prope►ty is acquired by Lenaer.Borrower's right to any insurance policies and proceeds raul3ing fr�om —
<br /> clamage to tie Pmperty prior m the acquisition s6a11 pass to Lender to the extent of the sums sewred by this Secariry►��n*+s+!t -
<br /> imme3iatP�gr ptior to the xcquisit�on.
<br /> 6.�gancy.PreseevatIoa,Mafaten.woe and�ouectdon oi the Progeriy:BorroRS's Law Appiics►@on;I.easebnids. _
<br /> Borroaer s6a11 acwgy.esEabtish.and use the Froperty�s Bfl�wer's principal zesideIICe within si�y days after the execution of
<br /> this Seca.�iry.Instrumeat nud shall oontimie to occupy dta Praperty as Borrower's principal residence for at teast a�year aRer
<br /> the date of a�ccupanry.unlcss LQn.der otheiwise agcees in writing, wh[eh oonsent shall t�oi be cm um�Iy wilhhd�.or anless
<br /> excenuatir� cercumstances exist vtifiich aze beyond Sarrower's cantrol. Bormwer sf�all not destroy. damage or impair the -
<br /> Prop�rty. aU:n�v the Property to deteriorate, ar cammit�vaste on the Property. Borrower shall be in defavit if any farfeitu� —
<br /> xtian oz ptqceedipg.wheiher ci.n�or criminal.is begun tha.t in Lender's good fsit�judgment oould result in forfeiNre of tho
<br /> Prmperty a:.a�eiwLse mate�rially m�pair tbe lien cieated by thss Security Inswmeat or Le�er's secarity inteaest.Bosrower may
<br /> currr such a r�:f�silt and reinstate,as ptmvided'm patagrapb 18.b�►causing the a�ian or procoading w be dismissed with a niling
<br /> ' that, ia Gendss's good faiti�deiermination. p�ecludes forfeitare of the Banowes s int�rest in the Property or other material _
<br /> im�a;rn�e±:r.af,ths liea cceated 6y this Sera�rity Insm�u�or Ir.nder s seauity inte�rest.Bormwer r3�ll aLso ba in default if -
<br /> Bornas�er.d %ili�loan application pro�,j��sle ur�eeriaity fnise or inaecurate information or st�u�nunxs to Lender(or fatlad
<br /> . ' to pravide•Lend. itiith anY mate�:al infom�sltirui'in co�e�xion with t6e loan evidenced b}the Nate;fucluding,but uot Gmited
<br /> w,reFresentatiaasts��sonceraing Bcncnsnrer's occapancy�f the Progerty as a prin�ipal res7daQOt.If this Setarity Instr�ment Is on a
<br /> . lease�lm. Bazcn�teY stiaU comgt�r with aIl the pmuisions of the tease. If HarroNer aa�nires fee title to th� Property. the ,
<br /> leasehoid�arrd,ah,�f�dde sball not merge unta�Leader agrees to the merger in wriqng.
<br />' . � 7.P�rats�iicu vi l.eader's I�6ts w tite t�i�ger2�.If Bomower fails to perform t6e cavenants and agr�ents oomain$d in
<br /> t}vs Secnsit��Instrt�ment,or thcre is a legal pmcaediug tUat muy significamly affect I.ender's rights in t�e Property(sucm as a
<br /> pce�in bankruptry. pmbate.for oondemnation Qr fo�eiture or to enforoe taws or regulations).tiiea Lender may dfl and
<br /> pa�r��'a�:v,�atever is nec�ss,ary to protect the vaIiea of the Pra�xrty and E.euBer's rights in the PropeYty. LQaider's acti�ons may -
<br /> . �. incltd�e.{iaying a�!.sums seca�red by a IIerr:.�nhic6 has prioriry over thia Sr+�writy Instrament. appearIag in court. payIng
<br /> � r�as4naf��at*�:s�c�f:'fees and entering an Qu°.�sr►w rauke mpaus.Atih�ngh Lca�er a�ay Yalce.aciion ander this paragraph e
<br /> 7.�sidcu.d,as.g,t��7�ave to do aa. . �
<br /> � �.b�i�:�..'��ts disbursed hy I.e�er amier d�iis paragtagh 7 sdall 6ecome addi�:a2t clebs U�S I9«+�:owex secqtged by tLis -
<br /> � Sew�tY•:ti�..Ualess Bompwer and Leadcr agre�to other terms of payment.lfim�s;�'r�tS,�.,'Y. bear intAtr�.s:4=;�'r4m the =
<br /> daLe�'��istfa:.��.fs�at ths Note rate and i��.'l be payaDIe, wiffi iniQrc�_,c�pan r,r,tuat::i�m Gtii��i�i�sw Bozroaii�'s�eqaesting �
<br /> PaY�ru.. '": ,` . . . � �.. :..
<br /> � 8.Mfet�ge 1ns�uance.If Lender ceq�ii�martgage insnrance as a ronditian Qt�1cin$the i»ss�secured by this Seca�ty
<br /> . lnsuu�onta Borrower sha11 pay the preminms reqaired to maintain the mortgage i�ra0i:t�ce in effed. If. for any iea5ott. the =
<br /> mor�e.irsur�ce caverage mquired by Lender lapses or ceases to be in effect.3�+t[?�ro�w:r sha11 pay tbe premiuuts requlred to —
<br /> „ , obEai�c�rc�cage sub;tantially equiv�lent w t$::�ortgase insuiance ptevio�td?±in eff�:;��.a cost substanrially equivaient to the
<br /> .`:r�� cast to BGtrnDVte�ist�she asortgage m�+*�nee��!:sviousdy in effect, from,rm�ltemate mangage inst�i�ar gpp�+oved bq t.ender. If
<br /> -� '� subst�nr:al��equ{�uP�;xit�rtgage insutance c�.�erage is not available.Bonower shall pay to Lead�m�month a sum eqnal to
<br /> ' o�e-iwelft'�of th�yearly mo»gage insotanc�e premium being paid by Bonower when tt�i�surance ccverage lapsed or c�eased to
<br /> be ia efftct.L�der wili eccepl4:i€se and retain these psymeuts as a loss reserve in lic�e ��f anurtguge insaranpe. Loss reserve —
<br /> . Form 8028 9f90
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