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<br /> �. �d or w,o�teMy (a�tyr�x. ��rower shall kxp ttsa improvurntus naw exiuing on c�reaftu erectod on tftie
<br /> Pr:,�-�.,.y inzu.^e� :.�:lnst toss bg fire. hacanls 'sncluckd within tlx tem� •extenctai cavera�:c"aixi 4nY other hszards, includln�
<br /> fl�x+ds cic fkxxling.fix whlch Le�xi:r rcy�lrcs inwr.uk�e.Tbis ias�uance shall t+e mxintzlnod in U.e arTwunts and far the periody
<br /> �luu Laxler reyuiru.Tht iiuunncc carri�r provkiit�ttx+nwrance shall be ctx�x�by Borr�iwe��uLJat to l.c�icr'c a�sroval
<br /> whieh shall nW lx unnr�uxutbiy wittnheld. if 6orrower f�ils to malntaiu cover�e descdbed abo�'e, Lendcr may. �t Le�xtcr'a -
<br /> up�tion,obtain mvaaQe to protat [.ender's right�ia the Prc�peitiy in oewrdance with para�ripf�?.
<br /> AI! insu�nce puiiciq �r+enewaia stWl be �eptabk to Lender wnd stull incladc a sta»dard nwrtsage claust. I.encicr
<br />. chsll bave the d�ht to hold the p�licies and rencw�la.If l�ender requircs.Bomou•er slull prwi�lY sive to l.ei�r�ll rccoips uF
<br /> pric!p�rnuum��nd ra�ew�l notices.In the eve�u of loss,Borrower=ha11 give prcrmpt notic�:ro the iaSUr�nee can�ier and l.e�der•
<br /> [�eqde<<ruy mtke proof of loss if aot ms�da prcunptly by Borrowa'.
<br /> UNexs Lrr�dc�w�d Borrower otnorwise ugroe iu writ;ng.ivaurw�cz prx�..�is st�!! b::.�fi�to restoration at repair of the
<br /> pt+operty dutu�ad,if the rcstor�tiw�or npair i9 a�o+bmically fe�uibic and Lender's secwity is not lessenod.Ii'the rcston�tion or
<br /> �+epair is txx ecanoc�ically fe�sibl�ar Lender's s�curity wcwld be lessened.the iasurAt�ce procetds shall be applied W the wtns
<br /> socured by this Socurity Insttumeiu. whdhc:r or not t[sen due. with any excess pnid w Borrower. IP Bortower abanda�c tl�e
<br /> propertY,or doea not s�nswe�within 30 days a aotia from I.en�ler that the ic�suranoe curier has offrrod to settl�a claim.thaa
<br /> L�ender �y coll�xt tbe insurance proceedc. L.rnder mxy use the proe�eds to repair or restor+e the Property or to pay sums
<br />� socurod by this Seeurity Iastrumesu,whetlur or aot then due.'Ii�e 30�day period will begin when tbo notice is givee.
<br /> Ur�ias La�dtr u�d gorrowtr otberwise a�ree in writiag. aaY �PP��O° of pc+000eds to principal sliall not extend or
<br /> poupone tbe due d�te of ihe rooixWY PaYa�eaw refer.ed co in p�r�gnphs 1 and 2 or change the anwunt of the psyments. It
<br /> un3er pW�r�sh 21 the Propetty is acquired by Ler�der.Bottowa's right to any itwusnoe policia and Pmoeods raultin�8 from
<br /> da�a�ge w t6e Property WIa'w the aoquisition sluti pass to I.rnder to the extau of ibe sums sacurod by this Socurity Iawua�at
<br />' ��Y R�'�w ttre�cyuisitiaa.
<br /> i.Oa�up�ucy.Pe+aa'+ratbo,Mafnteatnce a�od Protection ot tbe Pe+opertyi 1ic�+ower's Loaa Apppcatb4 Lea�et�oid�.
<br /> Bormwer shall oocupy,aublisd.u�d use tbe Property u Borrov�rer's priacipsl residenoe within sixty d�ys after tt.e exocution of
<br /> t6is Securicy Inuiuuxnt ind sl�l!000tinue to oaupy the P�op�rty as 8orrower's princip3l residenco for at kasc one year afta
<br />- We date of occupancy. unless Lecder otherwise�gras in wriring.which oonseat s1W1 not be umason�bly with6eld. or untas
<br />. ex�uatia� circuaut�noa exist which �re beyond Botcower's oontmt. Borrowu sts�ll aot datroy. dam�e or impsir the
<br /> Pe+oQaty.dbw the Fmputy w deteriorue. or ooa�it waste oa tbe Property. Borrower shal!be in def�ult if aay forfawre
<br />- sctio�or pr+000eding,whether avi�or criminal,is begun thit in Leader's�ood faith judgmeae aould resuit u�forfdtuc�of the
<br /> '� PmQaty ot uther�vise m�terially impair the lien a+eated by this Sacurity Insnrua�eat or I.ot�der's sxuricy ituet+est. $orrowa may
<br /> 3 are s�u�a default aad relastate, as provided in pRr�qrap�b 18.by awsing the action or prooeodiqg to be distnissed with a culing
<br />`� that, in l.adec's Yood fiith detamination. precludes forfature of the Borrower's intereu in the Prop«ty or dher rr�
<br />.- impidrn�ak of the lier cre�ced by this Seauity I�ument or l�eader's socurity i�uerest. Borrowu sha11 also be in defwlt if
<br />= Horrowa�.during 1he[an opplicatan proass.gave materially false or iaaoairsce informttion or statea�ents to La�der(o�failad
<br />�_ _.. _�_�.m,.;.,y����.����t IQ WfQ�CtJt7f1 W/W�Y�;Giu criticii+wi'r�iiur i:Gw�i����p���n!r 1±f!!�t!t1 ... _.
<br /> p�v�w� �
<br />� w.re�mtatioas aa�oaoi�S Botrowa s oocu�u�cy of the Propaty�s a principal rasidenoe.If tEis Savrity Instrumeni is oe t
<br />_ kase�old. Borrowa st�il coaiply with dl the prnvisiau of tbe kase. If Sotrnwer aa�uires fee dtle w the Property. the
<br />� k�uhold ud tl�fa titk shall not merge unkss L�der agrxs to the maBa in writ►a8.
<br />_ 7.Ptvt�eetjo+�ot I.eder't Ri�ia the Propaty.if Bomuwer fails to petform the ooveaaa�s aad agrounwts co�ined in
<br /> this Seauity IASwamt.or tha�e is a[cgal proaoeding ehae may si�nifiqntiy atrt'ect L.eadrr's riglus ia the�Prnpaty(sucfi as�
<br />� pn000ed,ing in bankevptty.prob�te, far aondann�tioo or forfaturc or W eaforoe laws or c+eguluiotLS).tUa�t.ader may do aad
<br />� pay for vrl�t�.wer is�w protec:t the v�lue of the Pnopeny and Leadrr's rights in tbe Progerty. L,ender's actioas m�y
<br />� iaclude payiug any sams socured by a lien whid� has priorlty over this Sacurity lactrna�an. appearin$ in oourt. pY�i
<br /> � °ns�sanable aaort�Ys'foes aud aitai�on tl�e Property to m�ice�irs.Although I.etxkr m�y t�ice aetion utder this p�ra�aph
<br />� 7,lmder doea aot is�ve w do so.
<br />— M�r ;aaooanfs disbursed by Leatier ut�der tbis puagraph 7 shall b000:tro additia�al debt of Borro�er securod by this
<br /> � Security Irs��cumit.Udess Bam�rec md Lader st�ree W other taass of pYymeat,thex smouats slull beor intenst from We
<br /> � date of dis�iu� at the Note� snd sivll 6e pa►yable. with �nta+est. upon aotice from Ltndar to Hiar:owa reqaatia�
<br /> � ��Me�tp�e i-��.If Leader roquind mortgage iawranoe as a ooaditioa of maicin�the toan saured by this Security
<br /> -t Imtnunmt. Bor�wa shail pay the'pnmiums roQuirad to ioaaint�in the awrtgsge ias�uanoe an effect. If. fx any reasoa, the
<br /> ;� mortgage iasuranoe uc�vr;■ge reyiir,�i by Lender lyps�or�s:.:ta be i�aff�. Y..^:.����s�_!l•�;s.�,�•p-•,�•,^—����,+"��n
<br /> obtaia oovaage sutsstar�lly oquivakat w the mortgage inwranoe prev�ousty in ei�ect,at a oost subatansially Ma►vala►t to the
<br /> �� cost to Borrower of rI���on�age insurooce previousiy in effea, from an altemaYe mortgage inwrer approuod by I�earkr.If
<br /> � s�Stanti�llY tquiyak�mortgage iasurance coverage is not avaifable. Bo�sower shall pay to L,eader ach mauh a sum oqual to
<br /> � onatwet�o oEthe yearly a�ortgage 179+•g�•ptemium being p�id by Borrower wbao the insuranoe covenge lapsed or ces9od to
<br /> be in ef6ee�Lsader will aoce�t,u�e 9ara:retaia these paymaa�ts as x toss reservc in lieu of asu�tgage insnranoe. Loss te�r:xve
<br /> ?._� Faw 302� 81�0
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