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<br /> S• 1lazwtid a' Pruperty iu�ur�nce. Bormw�er s�lutll �,ecp tht• impro�•cmenis row cxisting ur hercaRer erected un thr
<br /> E`ra�,•:�y i-�u�� �yaiust tnw: hy iire,hrz�niv iiKluJni within thr tem� "txtended cc�vcr�e" ntui�t�y exttrr haz�nic, in:lu3in�
<br /> ikx�c ar fl.r►Ju�;,fi�r whieh Lerxler royuircs ia+ur,tn�:e.Thls insur.wic:sfull h:nui�uri�kJ in th.w►�.,wu��url ��,r O�e pe�•iucf,
<br /> t1►�i ix�Kicr ra}uires. Titie iawr�nce c�rrier provlcfii�the i�uur.ukr slull be ctwsea by Be�rmuer sub,j.x�tc�Leixter's appruc�!
<br /> w�hi�h sh�ll �wt be wu�;�uwbly wiU�heW, iF Bonnue�fiiits tc�nwintuin cover�e ckscrihed trt+uve, l.e�xter may, �t [�endu`r
<br /> optiva,ubWn cu�•cr,�e to prato��t Letder'a rights ia the Pn�peny in acconi�x�e with pus�gra�f�7,
<br /> AH inwrrncc pnlicics And rNnewais sluli be ;�cceptablc ta Lcts3er�nd st4zll inclucic� suuularJ mortgage cl�use. Lencicr
<br /> ahy11 lu�ve the rittu to hold the puiiucs�rca�cw:�lA. If Lc�:r rcquir�.c.[iur�•�►wrr�.i�l! �xcK►�11y givr ta[.en�irr�l{n�ctipts oF
<br />, p�id pn:nilunu and rrnews►I r�otic�es. In�Y�z event af losc,Barrau•er shal)�i��c pron�st rtoticc to thc.ituur�c,�rier w3 L�iu,
<br /> L.tuder ntiay n�k,r prot�iof loss if nnt made pmrr;r�ly by&►rmwcr.
<br /> Unless Lcr�det and Borroxer otherwise agree in writing. inwrarWx:prc�ceeds shall be applied to restoration or repair of thc
<br /> Propen>�d3nszg�,iP thc scstar3r,ir�r,or re�ir is acoauni�lly fea�ible anl i.eader's security is iwt le.ccened. if the restoration w
<br /> re�ir is not econaa�iraliy fea�ible nr Lender's socuriq• woe�ld be les;en¢d.the insar.u�ce proceals shall be appliod ta the sun�s
<br /> scxurcd by thi9 Security l�utrumcnt, whrtl�r or�wt then due, with au}• exoers paid to Borrow•er. If Borrow•er abu�dot�s the
<br /> PropenY. o�do�s not �u►swer withist 30 days a notice t'tom Ix.nder th•rt the inuuar�ce carrier hu offered to seule a cla�im,thet�
<br /> � n�ay cuJkq the inker�e proceods. l.enler nuy use the proceedc to cepaiT or restore the E'ro�+erty or to pay sum9
<br /> socurod by tlsis Socurity Instiw�araat.whcxher or ncx thea due.The 30�ay period will begin when the notia is gir•en.
<br /> Unksc L.endu atxl Bomowu utberwise agroe in writing, zc} applicuion of proceods to principsl stull �wt cxcend or
<br /> Postpone the due due of the mwuhly p�Yme�us referrad ta in par���yphs I �nd 2 or change the a�nount of[be payments. If
<br /> w�der pYr�raph 21 the Preptrty is xquired by Lender. Borrower's r��t ta any iawr�nce policies and proceals resulting from
<br /> damage to tAe Propaty prior to the aoquisidon st�ll pass ta Ixader to thr eutcoc oft t�e wms sec�ured by thi,s Secx�rity(nun�meiu
<br /> im�aediateJy prior to the acquisition.
<br /> 6-�cuP�Y.P�ervstion,IHatatcwurce asd Pr�ta�tioo oi tY�Prupaty:Bon+u�ver's l.oan Appl3c�tjon;[.a�seUokl�.
<br /> Borrower sdall occupy,estaWish.and use the Property�s Batrowu's principal rcsidena within sixty days after the exxusion ut
<br /> t�is Sa�urity Inununrnt u�d sl�ll coatit�w:to oocupy tbe Property as Borrowcr's priecipal nxidem for�t k�one year iRtt
<br /> tl�e date of oocupux,�y. uniess I,ender otl�etwisc s�gnxs'sm writin�,wt►ich mnsent st�ll not be unrcaso�ably wiihheld.or wdtss
<br /> exeer.uatiqg cira�nuanoes eacist whicd arc beyad &,umwer's a�+�trol. Borrower slsali not destmy. dun�,� or impair tt�e
<br /> PropertY. albw the Pr+opetty to deterio+�te. or eonmit wsste an the Pmpeny. Bornuwer shsll be in ckFault if ar.y for�Feituro
<br /> actlon or pmce�di�,wbetlkr civil or criminal. is begun that in Lender's good faith judgnxnt oould result ia farfeiturn of the
<br /> FroputY or otlrciwise mtteri�lly impair the lien created by this Sexvrity lnsirumpu or Lender's sccutiry intenst. Borrowa ma�.
<br /> cun suc1�a default md rcinstate.ac provided in pu��grap�h 18.by causing the actio�a�,a�pnnooediag to be diswiscad with a nili�g
<br /> � t3ist, ia Leader's goad fiuth detetmin�tion. Procludes forfeiwre of tbe Bwtnwer"s cc�krrst in the
<br /> impairment of We Ikn a'eated by this Security Inct�umau or L,ender's sa�rity ituc�est. Barrow•er shatl also be befsua�t if
<br /> Borrowrr.duriqg ehe ban app�iration pirca�,xxs,gave materially false or in�ocurate iniom�tion or�ar�,�,r.,e��Letder(or fsile�d
<br /> to ptovide lt.n�kr with aoy anterial it�S,�rtqtira)in oonnection with the loan evida�cod by the Note,indudi�g.bui r�ot limitad•
<br /> w•r��t�tio+u oa�c'anin8 Bomnwer'r�:tiv�va�..-;r af cc�e P�aperty as a prir�cipa]tesidwce.If this Secuaty In�truma�t is on a
<br /> kaseboW, Bormwar stnll c�omply with all tt�e pc�.:� of �he lease. If Borrower xquin:c fee dUe to it� ProQ�ny. the
<br /> Irasdwtd and cbo fa titk slull aot merge unlass Laxkx s�gc�ees to tbe m�rger ia writuag.
<br /> 7.PMtlCt�0�0 Ot I.�e1''s�tt�s t�e PI�Opd'ty.U$01'[OWCt fiili to SY�omt the mvmaetc aad aomrnrmtc rvws:.wt-�...
<br /> - -- t�is Seia��ify T�ri�aa�t�or tl�si�e is a k�a!psc�ing tl�st msy�si�ssit'sc�tfy affa�x I.�der's rigfus in the PropGtY(suc�as� .� ---
<br /> �000edin8 in badcn;ptcy.probate, for co�denusation or forfeitar+e or to eaforoe iaw9 or rc8ulstiom).cha�I.arder mty cb u�d
<br /> i'i►Y For wh�tever is nxessary to protat thc value of tbe Property aAd Lader's ri w the
<br /> 8hcs� ProQaty. l.endx's actiaas msy
<br />_ includo P�Y�B �Y � s�rod by a lien which has priority over this Soairity L�strumeat. appeann8 in ooutt. pnYiag
<br />_ n�sonaWe atton�eys'fxs a�enteri�g ar_We Pnoperty to maJce repairs.Although La�der awy s�lce actioo u�der this par�gn�5,
<br /> _ 7.Le�der doa rat f�ve to do so.
<br /> Any �aouots disbursad by Le�r•and� tLis paragraph 7 shall b000me additional d�d�t of Borrowc sec,�u+od 6y tl�is
<br /> Security Iratnurxat.Udes�&c�rower and I.eoder�gzee so other terms of p�ymau.thae amouats sh�l! b�a�r iotu+eat from tb�
<br /> date of disburument at the l�ote rate�od chal! be �;:aioie. witb iata�at. upon aotice iinm I�eader to Bo�rawer naqncstiqg
<br /> P+Ymwt• ,
<br /> _•�i�i'�Lwn�e.If I,eader requir�ed mortgage iawru�oe as a cnodition of m�lciqe tbe lwo sa.vrod by tl�is Saaui4�. .
<br /> - Inwumak. Borrrower s�U PaY the P*puic�s r�red w maintain tLe mortgage insurano�in effect. If.fc�r any t+eas[xi.the
<br /> mort�8e inwranc,�oovera8���bY�'1+P�s w oeases w be in ef�'ax. Bamwer sl�all PaY tbe Prw�u►ns roquirad to .
<br />- obtain oovcr�ge�,�•••,Q;•�ay eq�iv�teat ta the mottg�ge insurance previously ia effect, u a ooci wbstanti�lly oquiv�{ao�t to tlre
<br />� oost to Bon+owa of tbe mortgage it►suraooe p�eviously in effecx. fmm aa alter�tc nwrtgaga iffiur�er ap�pmvod by I.eadrr.Ii
<br /> srbNaotiallY oq�iva��r�Sa$�sresursr,�covenge is not available.Borrower st�l1 pay to L�ader acb month a sum eq�u!W
<br />� ar-twdtih oC liae yavly moctgage inra:rt�v,x�rcmium being p�id by Borrower wl�the iasurance oovp�sige ypsed or oeased to
<br /> 6b ia ef�'ocx.Liwder will�oo�e„use and t+et�ia tl�esr Qczyra�ts as a loss reserve ia� liw of mostgagt iasur�r. Loss rrserv�
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