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<br /> , S. �'a�Q��sa�crty Qecurct+^�. g�rrower Ehall tceep ttt: improvunen�s ao�v exisdng or her�ieE etcct ou the
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<br /> Propc�¢ys u�:ait��irtst loss by flre. � � s is�ciu,ded cvithin the term'extended ooveruge" und any other��.rQ�. iarluding �;.:
<br /> ficsads or ftooding. for which l.ender�uirrs insw'ertce.'fhis insutarsr shall be m�intuiaed in the amfluQts and fos thc periads
<br /> - tt+.:±Le�sr m.s�+uims.'i'he in<_ur•.�nse�rrier¢rorir�iag the insuranoe sBzU be chosen by Batrav�r subject ta [.e�der s appmwat —
<br /> w�ich sha11 r�t be untr�sunably withfietd. If Rormwer fails to maintaln cover�ge desceibad abavc. i.ender may. at Leader's
<br /> option.oD4.ain coverage tu pmsect Lendcr's ri�hts in the Pra�ny in u9cordan�e wit6�v�smpn 7. ��
<br /> _,'`� A!1 insur.u�ae policies su�renaw�ls shall 1�aooegLzble to Leqder cutd shall inctude a strutdard mortsage cla�e. t.eader --
<br /> ' �hall have the a�ha to haSd tife¢olicies and rr.ne�vals.Ig Lender requires.�rrower shatl promptiy give to Lendar ali receipts of F-r
<br /> Qaid premiums an�mrtesval nattces.In ehe event of toss.Bn�rorrer sh�ll give prompt notioa to the insur�nce carries aad I.�nder. �_�<°�
<br />-� Lcrtder tn�y make ptao�of loss if noi made pramptly by Boa�rower. �'"
<br /> Untess Lerder attd BorYUwer othenvisc ag,taz en cvritiag.insuraace proo�ds shall be�pplIe�to restotaZion or repair of che
<br /> Pc+aperty darnxged.if t1u eestoracian or re�air is e�aam'sraliy feasibt�and iaa��r's sec�rity is not lesseaed. if th�restoratioa or
<br /> �air is nat reonoaucally feasibte or LeatiQer's securiry�muld bs lc�ea�d.tYe�insuma�prao2�ds sha116t a�ptied to the sums
<br /> , s�u� by this Sec�rity [ttstrument.wltgtt;er or r�nt thea�duo. w}th auy exoas p�fid eo Sflrrosver. If Ytorr�tiver abaudorss tt�e --�
<br /> Prnpt�ty.or does aot nnswt�within 3�days a notice fm�l.e�ter thaa tke insuranc�x c�rrieT has offered to�e a claim.ttr,�n
<br /> L,emm��r may wttect the insur�cr pmc�ecds. Lender mzl use the pro�ls to �epa�s or c�store the Propesty or to pay snais
<br />• sebxtt�d by this Sec�flry U�'�tea�nt,w�..:�r or not thea due.'Cbe 30�ay period will begin wtten the notice i�given. --
<br /> . Untess t.endar and Bor�owet oth�nyise agree in weiting. uny application of praaeeds to principal shol! not extend or
<br /> postpone tlie dt�e dat¢af the otoaslily payments referrecl to 9n parapaphs 1 and 2 ar change th�ar�aunt ssf the paymenu. If �'W;:'
<br /> ��P��Fh 2I the Rvperty is acquired by Lsnder.Borrower's right to any iasuianae poiicies aad pmceads resulting from _-
<br /> ""�' daznage w the Propeity pstor to the acquisidon shall pass to i,ender to the extem of the sums secured by this Securiry Insunme�t E:..,_..
<br /> ' immediat�dy prior eo the asquisition. �,,_
<br /> 6.O�y.PlrsersTa4ina,diaiateaanoe and Pt+nteafon of t�Peo�ty;BarQOa�ei's Lo�n ApQltcatian;Leasehotds.
<br /> . Borrower shpll aavpy.esra6lish.atd usa tlx.Pmpei4y as Baaawer's priacipal rcgidenoe witiun sixty d�ys a�er thr executian of �
<br /> , this Sc�uriry Iasc�nt and sh�11 oantimte co oocupy the Property as Bomnwer's prinripal�vsidense for et least une year after �--
<br /> . the date af oocup�ncy.ualsss Leade�uth�rwise a�rees ir►writlug.�vhith ooasent stiall aot be ameasonably withh�td,or uat�ss ---�
<br /> extenuating cirrum�unoes e.+dst which are beyrund Borrower's cnn4rul. Borrower shNl aot destroy. darnage ar impair tbt
<br /> . Fmpcaty.altow the Propecty to d�.te�ia�te. er cammit araste on the propertq. Borro�ver sball be in defanilt if aery forfeihue .
<br /> . . aaion ar p�ceeding.Kficther civi!07 criminal.is be�cn that in Lender's goad[ait6 judpaeat oQUId resWt ia fozfeiiurc af tt�e �.
<br /> � Pra�ty or o3huvrise�tsrialty i�.paia U:�.liea created by.tbis Stuvrity tastiament or Lender's s�curity inrenest.Borrower may —.
<br /> cure su�a defmilt and ceiastate.as p�rid�d in pansgrapfl 18,by causing the¢c�on or pmoeeding to 6e dis�erith a rulipg �._
<br /> . that.iu L�sWer's gaod fatti�detemascatnad:.p�ecludQS fazfeiture af the Sorroner's itrtes+est in the Progerty or oihea maierFal --. .-.
<br /> ��• . itnpaitmtat of the iien cceatec!by this Set�iry Instwment or Lender's securiry inte�est.�Borrowc�shaU also Ete in defanit if �
<br /> Sorrower,during the lavi appli�uios�p��cers:gave materially false oz inz+ozvrate infar�atIon or star���tu I.�tter(ur fafted --
<br /> to ptovide Lenci�r with any maierial inEa�ratbtc�)in oonneciion a�ith the loaa evidenotd 6y the Note�incta6ing,6irt aat[Imitad �_
<br /> �,-•� to,ieprese�ations conceming Barrower's occu�ane.y of the Frope�ty as a principz}r�dme=.If this S��Jnsmuacua is on a
<br /> -= - Ir.�.cehnld, Rorrouar sP�aU eamniy a,it�n,ald t��crovisioas of tlie tease. If IIorron•t�c ae�i�s fee titte ts iit� Pra�aeny, th$ T _
<br /> [easelwtd 9ad the fee atte shall ani�erge aate�s 9�der agr+ees tu tho merger in wridqg.
<br /> -. T.Pmtei4inn af Y.eodeys Ii�lgi�s in 4trt�itope�ty.If BotmwEr fails to perfmm the aavenants and a��in
<br /> t6is Security tnrn„mprt�or thcre is s 4egai pc�ceeding ttku a�y sgnificaatty affa:�l�eader's rights in tM Etv¢esfi,�i�as a -
<br /> • praoe�ding in 6anktuptcy.probate,far o¢�rSem,antlon or forfeitare or to enforut Imva or regulutions),ti�ea��do and _:
<br /> . -' f pay far w�atever i�ne.�w.-saty to pr�:esx t�e:•alu�of th�Ptog�sy�i�.�er's,righta in tlte PmgP�.�'s�nns��; _
<br /> ` `�' incitide �ying any snms securerl by a lu:ca which �as ptioriry over dus Sewriry L�.,ntnmeni. ap�uic� ia oonit, P��E
<br /> � reasom6le attameys'fecs and entering o�r�3 f�,b,�erty W maice cepairs.Alchough Lender may take action ander thi�� _,
<br /> � 9,L.ender dors aoi h�ve to do so. ; ,�., �`-
<br /> : s �►nY amonms disbursed by l�der mmder.tPais paragraph 7 shall beoome addtti�nay debt of Borrower seaired 6y this
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<br /> �.�;'t; Security In�.Ltntess Burrowcr aaii L:nder�agcee to ott�er tem�s of pagm�nt.these�naunts si�all L�ar interest frnm the
<br /> ...,; date of disbutsemeat at thc Note r��ee a�sisniG�be payabte.with intepest. opon natis�from Ier�dcr Cv�o�aw�r raqtcesting —
<br /> : ' �"; �8 Riortg�e I�uance.If Lender rocg�uard anortgage iawraraoe as a aondition of makiag the loan secared by tlus Seauiry
<br /> ` � Instcument. Bamnwer shall pay the p�tri�r cnquired to maiLtAin tt�mort�e insur�ee ia effect. If, �or aay �ason,+the —
<br /> mo�tgage insu�nce coverage r�dred�y�uier.lapses oi�es to be in effect,Borrower sball pay the pr+emiums requirod to . --.
<br /> ' oistain coverage substantially equivalent ta r3�u:mortgage insnrsmoe previously in effoa,at a oost subsL�ntially eqnlvaiem�to the � �
<br /> ' cost to Borrower of the mort�e.in.�cu�e Fs�viously in effat, from an altetnate.anartgage insarer apptoved by Lender. If
<br /> ,. .'.:`�I s�bstantinlly equivalwu mortga�s}iustarence co�rr.r�ge is:mt a-r►lilfiiEt�.Bortower st�l1 pay to Ixnder each month a sum equal to � - ..
<br /> :;;.� . on�tweifth of thc yearly mo��;txii�,��nnca praaium being�ctt��'by Horrower wUen th�insurance covenge lapsed or oeased to
<br /> � ;'t 6e in effect.Lender w,i�!qcce�:.,arr��artd iztain tlne�payments as a loss resenre in lieu of �nortgage insur�noe. Loss rr�erve _
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