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<br /> 5. �azsr� oa Pra� ir.�acr�. Bflrrower shaU keap the improvements now existin� or hereafter emcte� on tPte °
<br /> i►r�u�°-r[Y insured z�iusa[oss by firz, hs�aMs inchid�d cvithin the term"exte�eded coveiage° arid a�+oah�r he�u�ds. ircclud3ng x�
<br /> �
<br /> - QooQs or flooding,for which Leasier tequires insuranre.Ti�is insuraaee shali b.maintsvaed in tne ainou�ts and for ttte periot�s
<br /> that I.eader req�irs.Zlte insumnre canie'r providing the in�wuace shal!be chosen by�rrower subjert to Lender's appmval �'
<br /> ' whicJ�513311 Roi 6e t1Are8sOttably withheld. If Botra�v¢�fails to ma4n ;n�vemge described ahave. L.esider�y.at I.eader's C-'`�
<br /> ' �::
<br /> '�•�' aption.ablaia ooverage to pmteci l.ender's rights ia the�roperty in armrdan�e with parageaph 7. . _.
<br /> All insuraace Qolicies artd rrne�vals shall be aaepta�te to i.ender and shatl include a standard mon�zge ctause. Lender
<br /> Pt
<br /> ��.• shall i�ave the rigRt w hold the policies and rene�rals.Yf Lender requires.Borrower shall prnr�dy give to Lender all receipts of �`
<br /> ' paid prerniums aad renewal notices.in the event of loss.Eorrower shall gic�e prom�t notice to the ins�uaace ca.*rier and a.eader. �.-
<br /> �_` l�eader m�y m�1ce pronf of Inss if not made prompdy by Eorr��wer. �—�"
<br /> LTnless Leader and Bercower othenvise a�ee in writing,insurance pra�aeds s1�all be agplied to restoration or regair of she �_`•^
<br /> �' Pro{�rty damaged.if the restoratian or repair is eoonomicaliy feasible and�nder's se�rity is not lessezEed.lf the mstoration or �'"'�
<br /> , repair is not eoonomi�lly feasi'ble or I.ender's secvrity would be less�n�i, the insurance procee�s shalI be applied to the smas !"T°
<br /> seaeced by this Security Instrnment. whether or not then due� with any exc�ss paid cc�Borro�ver. If ldarmwer aDa�do�s thE �
<br /> ;�:'`. P�operty,or do�s not answeY arithin 30 ct3ys a notice from d.ender t�the insc�ranor�urier hac offered to seute a etaun.then -_=
<br /> Lender may oollect the insasrance proceeds. Lender may use the pr�aceeds to regair c.r:stoie 3�ltmperty or to pay sums . � ;�
<br /> s�ured by tbis��urity Iasuvment.whether ar not thea dne.The 3Q�ay geriad will�eg�s��t��c�aaze is given. . —;
<br /> Unless Ixnder and Borrower otheradse agcee in a+riting. any apptication of ptc��eds to principal shali not exxend or �' �
<br /> pv�7�rr�;the due date of the monthly paymenu referred to in garagraphs 1 and 2 Qa�'�►ge tlte amaunt uf the payments. If �`
<br />. w��.�:aragrapb 21 the Frog.,�°-t.y;�acquired by I.ender,&�c���r's rigt�t to any insura.RCe policies nad prooeeds resulti�;from �-- -
<br /> • , d�e to the Praperty priar to tfle acquisidon shall gass e�.�er to th�ext�nt of the suins secur�by ttris Seauity Instrament
<br /> irn���?xsY pria�c�the acxluisitiun. '"_
<br /> . !l��n.�esvatton,NlainteAa�i��d&�i n of t�e�Eapert�Bc�stsirer's��Ppl�aW Lea�ehoids. �```;
<br /> Bortis�c�sh.�I��F9.esta6}ish,and use the�.�:.�rs�rs�c�we:'s principal resid��itbin si�w�ays aftes the exe�ution af � --_
<br /> . . this'�iriay tK�:�+�+�*and shall continae to c�� t�:`�cr�erty as Borrower's pr":ai�a�tF reside�:.�for ai teast one year after .�.,..
<br /> the date of �,
<br /> o�sl;-cY.un�ess Lender oWenvi��rees iu�ariting,which ocrnsent s5a1�ur,�2'be a,-�.9a�61y withheld, or unless ��_--
<br /> ;:• extemiatiag cii�a�7ances eaist which are L�;nnd Borrower's conlml. Borrower shall not de���, damage or impair the � •
<br /> � Froperry,alPovr i�ht Praperty to dexerioirsie� or commit waste on che Ismperty. Borrower shall b�.;�bi,default if auy fort'eit�ue �`ril'r
<br /> �� ���" aaion or prooea�ing,whether avil or criminal,is begtu�t�at in d.ender's gaad faith judguieat cou18 result ia forfeit�se of th� �,;
<br /> " . � Pra or othervuise materiall i air the/ien created 6��ics securi Instrumeat or i.ercder's securi interest.Eorcower
<br /> ' .. Pe►iY Y��P tY ty ma}r ,�:�.r
<br /> asre such a de:`•:��tt and reinstate.as piavided in.�SarHgraPh f�°#c;:�y causing the artion or groceediaa r��'ae dismissed witf�a rui*:ng. �"!°'
<br /> : �s-,.�..•
<br /> r� � that. ia Ler.d�°:����vt�d faitti determination. ;�ec:udes forfeituce•of:si�lSa�rower's intezest in tiv�.7t�lc�pejty or othes mat�:�:.; �""f
<br /> ,:'.�j impa�.mb,°nt o�!l.�:�iii�.0 creatcd by this Seautriv�•I�sttument or Lemc�ai'�•�ty interest. Boaoa�ir;�"�'s.�U.alsa be in default�:�,�:'.. '., �!'
<br /> �:"`°
<br /> Eo��er,during`rHe loan application pmcess,gave mate�i:?iy faise ca�'�i�:curate information or s23t¢puents to l.ender(or fa:�'.�ti� ��� . ____
<br /> �. ta��:s�de.Lender with any material infor�nat�dn)in connecdon with the tnan evidence�by the Naes,•�includin�,but aot limite� � � --
<br /> . - tv,teyse�ui�ua�oo,-�„ur►g Borrower's ua.;u�su�cy of tii�Pra�tyy�a prntcipat r�idaa�.L�l.tsis�°y�ttity I�tr+�*_+t is Q?►.e• ' ;_-
<br /> :' j le�sehold, Borrower shall coaiply with all �',w provisions of the lease. if Borrower acqaires fa�.t�lo to the Pcoperty, th�.
<br /> leasehald and the fee tifle shall not merge un2ess Lender agre�s to the merger in wririag.
<br /> 9.Pro2e.^4fon of I�ader's Rtgl�b in the Property.If Borrower fails to perform the covenanu and agreeraents containod i�
<br /> this Security Instniment.or thae is a legal proceeding tl�,at may significantly affect Lendcr's rights in the Property(sncb es a �
<br /> „ pmcee�ing in baakn►picy,pro6ate.for conderanatioa oi forfeiture or tn.cnforce laws or regulations),then I.c�sder may do and =,
<br /> • � pay for whatsver is necessary ta protect tha value of the Pcopeny atuC L,�der's rights in the Pra�ty.Lender's aciions may•. _
<br /> ,�f' � inciude �aYin�°:1�'sums se�uted by a lie� whlch has priority ovc�;.'I��S SCCtlilty inctni�*r?:';:y�;;a�r►g in oourt, 1�►Y�� --
<br /> �� . rtr�r�it,�aole attord�'�s:'fees aad ente�eng on��-�toperty to make repsirr�.`��i6ough Lender may t�5,�;t�i�,unde�r t14is p�ragr�lk ,'.;
<br /> �'``�� '�;;�.t�t�ierdues,tr#.:t.have to do so. . . . •� .',: ���` .��;
<br /> ?,�' �; ` ' �t.ny aai+,•.�ts 6Isbursed by�Lende�;.ru�t�;.�T this parggtaph 7 shall 1�ecome additionaI debt.of Boitorae�:�'»n��°�y�� � —=
<br /> �._
<br /> ) :. `':3t��sty Ic�ccei���a,t�t;�Untess Borrower am��li:�st3er agree to ather te�ms u�:paym�tt,these amounts.shall bear.i:�}�St�frv��u� �.t'�� •
<br /> ,, ,,;., '' cta.�;.,of disb�.`�^xiis;t��at the Nate rate and fdleii be payable. with int�*s,j;,upon notIce from L.ender to Bosraa-�,�r�+eqnes"�� ,
<br /> • �'' ' • . 'psy'�c. ' �•:s?�•:,• ., �.:;;. : . .., . �
<br /> _ �•�i�:��]Iaitg�Y IaSVraaae.If I.endes reqtdred mortgage insnrance as a contli@�r.ei�i,i��ting the loan secu�t;f¢,K!t1'tis Securi¢y
<br /> �ti •.
<br /> � Insmuaent; &c;,�rer shall pap the premiams requiral to maintain the�ore�a�;���aus,r�ae in effecx.•If. fOL�l1}%:�SOR. tt�,a �
<br /> mongage in,-w;i�i:it`�.u�verag�required by Lender�apses or oeases to be�;e��i.£'i�.�(>�:u+er shall pay the prem..wi.o.i�'��r�equi�l4a�.� ' —
<br /> . . obfain t;uvesagr`.;;ti('ii�ts�antinlly equivaIent to the mortgage insurance pretiv:ivady in efirci,�at a cost�zati.^.t�t6ally ec,y��,�ivaie:t t�;���SYd:,��
<br />' � cost on Borrowe�tif th�mart�9,�e insurance previously in effect. from an altem�.:e c�rtgage i�aic-�approve�6;r Leis�;,�1��
<br /> s�iEstantially eguivalent mort�gse insurance boverage is nnt availab2e.Sorrower shr1F pay to I.ender each mantli:n�;utxt eqca�.to � .
<br /> onrrtweffth af tHe yearly mortgage insurance pnmium being paid by l3orro�ver when the instuaube o�verage laFscxY o�ce&sed ta, -
<br /> be in effeci.L�ender will accept,use and ret�in theae payments as a lo� reserve in lieu of mort���.insurance. Loss.r�`�:� _
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