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<br /> S, }{�� � �o�ty Itwtr�uY. &�rmw'cr sha1� MaV �he iny�rovenxntc ix�w existing ur het+eafter cr� �n titic
<br /> ptvperty insurccl a�ainst loss by firt, twr;uJs includcd within the tenn "exteiYlal cover�c' wxf any cKher haz¢n9s, includin�
<br /> f3oads or tloodittg. for which fxncicr r»yuire� i�u�urark::. This insursr.ce sh�l! t+c maintuiva! in thc�u�xwnts uxl for tI�periads _
<br /> ifs�t t.cadcr rquires.Tt�lasuranc�catrier pmviding�he inwruncc at�ll be chosen by Barn�wcr subjctit to Lcndcc's appravAl
<br /> w•f�ich stuli not be un�wn�bly withhcld. If liurrower f�ils to mzinuin��vcragc dacrihcd at�c�ve, lx�rk� ►u��+. �t t.cader's
<br /> opti�n,�t+taln rnverage to prote�ct Lencler's rights in thc Propeity i�xcardm�ce with parrgraph�.
<br /> All insanuxe palicies and rcnewals shall be ac�cepwl+le to Lender and s1�a11 i�r:Iucte:+ sta�dard martCaCc cl:uax. ixr�de:
<br /> st�all have the r'rght to hold thr policics and rcstewals. If Le�er require.c. Barruwer sh�ll pn�mptly ri�'c to Lender all re4�eipu of
<br /> paid Pruniums and renewal nc�tices. In the eti•ent of lacs,Barrou•er shall gi��e prontpt notice to tho insurance carriu an�L.encicr.
<br /> lxuder may malcc proof of loss if not m�lb promp►ly by Borrovvcr.
<br /> Uciless 1,cnder and$orrower othcrwiso�ra in writing. inwrs�nce prooeeds shall bc apQliod to restoration or rcpair of the
<br /> propt�ty damzged.if the restoration ar�uir is cconomically teasible ar►ci Leixir��'s security is not Iuserod.If the restoration or
<br /> npser is not e.wnonucally f�asible or Leiider's s�ecurisy ww►W be lessenod.the insurance procoods sha11 be applied to the wms
<br /> socured by this Security Iascrun�►t. whether or►�ot then due. with any excess Paid to BorroKU. IP Fiorrower Abandnns t!K
<br /> propertY. or does rat auswer witbin 30 days a notice f'rom I.ender th3t thc insurance carrier has offerod to sutk a claim, tha�
<br /> Lender may oolte��t th� insurance proe�.�ds. Lcnder may use the proceods w rr.pair or reuore the Property or w paY sums
<br /> secured by this Securiry Iactrument, whether or not tiun dno.The 30-day period will begin when the notia is given.
<br /> Unles.c Lender and Bomaw•er othe��vuis� as�e in writing, any application of proaeds to principal shall not �xtud or
<br /> postpone the due date of tbe nwnthlY PaYments referred to in par�graphc 1 and 2 or change the amoune of the payments. If
<br /> under puagraph 21 the Property is acquit+ed by Lcnder.Borrawa's right to any incuruwe policies and proceods oesula�8 from
<br /> dan�age to the Propeny prior to tM acquisidan shal!pass to Lender to the extent of the sucns securod by tt►is SecuricY Insnua�es►t
<br /> �Y Pri�'���9uisidon.
<br /> 6.Occuprn�y,PtYSerratioq Maietewwee u�d['hetectioa ot t6e Propeity;Borrow•er's I.os�n Applicstfion+L.as�•
<br /> Bomower stuU occupy.estsblish,and use tha Property as Borrower's principa!residence within siaty days aft�r the ea�ocutioa of
<br /> this Savritg�nsuumenc�nd st�ll continue to occupy the Prap�rty as Borrowu's princip�l midenoe for at leau one year after
<br /> the date of wru�u�cy. unlcss l.ender othk.'sw'ise a8mrs in writing. which oonsent sha11 not be uiuezsonably withheld,or uuiess
<br /> eatau�ting circu.vuances exist which �n; beyaad Borrower's control. Borrowa sltiall not clestroy. duna8e or impair the
<br /> prap�aty. zflow the Pt+openy to deterior.�to. or commit wuu oa !he Property. Borrower sI�ll be in default if swy forfeiwre
<br /> action or prooeeding, whether civil or criminal. is hegun that in I.ender's good faith judgmeiu awld result in forfoiwre of tbe
<br /> P�+opectY or aherwise tn�ierialiy impair tls�lien crcat�d by thu Sear.ty i�tnuu�at or Leador's security intetest.Bamowdr may
<br /> cune wch a default swd c+einstate.as pmvidud in parsgcaph 18.by aursiag the action or p�ing to be�ismissed with a cssfiqg
<br /> that. in.L�eader's good faith deterQUnation, pncludes forfeiture af tite Borrowu's interest in tbe Property ar other mataisl
<br /> impaizment of tl�e lim crrs�ed by this Saurity tust�vuuiu or Lcnder's sxurity initerest. Borrower stwll �lso be in defaWt if
<br /> . 3�rr�xe:. +wnne tl�loo�c�pl�tioa proass, gave�n;uerially false or inaoa�ras�i,at'orinatioa or stateooctxs W l�ender(or f�iled
<br /> to provide Lsader with aoy inateriat iafurn�ation)in�annxtion with tLe low�vidtnoed b�}tJ�r Note.including but not Gwited
<br /> to,c�a�t�tioas conceminS Borrov�ier's occup�ncy cst'the!'tUpeny�as a principai re�ii�iiaia Saa:.:.-sf...«......:«�a.--.--
<br /> leasehold. Borrowu shall comply with all the p�+o�•Esicnnc of the 1esu. If Borrowu aa�tire� fa title to tLe Propaty, !be —
<br /> � Leas�old aod the fa titk sl�ll not mage wilcss Laxics u�rees to the merger in writiqg.
<br /> �.�::.iR-�.c.'II.,,w::::'c = '-s i:t�:.��'�.��'��.xmw�:f.ils tn nerform tbe cova�atr asid agtu�emts o�ntAi�J��
<br /> this Socurity Instrumeat.or tbere is��gal prooeedio8 th�t r�Y uSN��IY affax l.ader's rights in the Prape�ty(suc��s a
<br /> pt�o�is�,ia baokruptc,y,pe�oi�te. fo�oondoauwtion or forfeiWre or to eafora:laws or regul�tioeu). tlxn Leader m�Y c�c��ud
<br /> P�Y for waateva is neoessary to protoct thc vslue di the Pr'operty�nd Lendei's rights in the Property. I.eader's actioax araY
<br /> iaciwie payi4B wy sumt sa.vrod by a Ucn whidr �tac priarity ovu this Secwrity Insuumwt. aPP�B in court. paY�8
<br /> rea�onable atwrneYs' fees and wttring oa t�e Propextv to maice repaits. Altbougti Leader way take action uoder this paragr�ph
<br /> 7.L,eades das mt have to do so.
<br /> Any �tnounts disbarsod by L.eader u��dcr this pati�graph 7 r�al! beoome additiona! dd�t of Borrowa sewned by this
<br /> 'Src�ricy Instrummt. Unl�ss Bomowa�nd t.ender c�ee w abei tcx�s of payment.these smoiuus st�alt bear intrrest frum tbe
<br /> date of disbursamu at the 1Vote rrte aid sb,aU be.paYable. witi� iatarst, upon natioe fmm I.wder to Boa�a+a cequeuin�
<br /> P�Y�-
<br /> g,Mort�e Iniar�soe.If t.enda requined mortg�gc inwraaoc as a oonditioa of maldng the loan sxurod by tb+s Security
<br /> Iast�umeac.Borrowtr sh�ll pay the pa:miuu� requited to m�int�ia the mort�e izwuaaoe ia effax. ff, for any nysaa, the
<br /> roortgage insuranoe oovaage reqnired b�•Lendc7 tapses or�es to be ia effoct,Bomower stull paY�P��n9�m
<br /> obt�ia oova�ga wbsta�tially equivaleat w the mortgage insun�ce previously ia effect.at a cost substantiallY Wuivsleat w tbe
<br /> ooci w Borrower of the mortg�ge iiwu-�me previausly in efEect. from aa altert�te mottgrge inwru apprnvod by Lwder. If
<br /> wb�ati��y oqui�alrat mortga�e��Rm oovaage is not avul�ble,Borrawu shsll pay to I.ender each month a sum equil to
<br /> • ooe-twdR�of the yeariy matgase insuranoe pt�mium ixin�paid by Borrawer wha�the iawraace ooverage ls�psed or ctase�i w
<br /> ���t.irader wii��ooept,use and rcGVn t1KSe paymeats u a loss rese�ve in lieu of n�x�tgage inwr�noe. Loss �serve
<br /> Foaw 3h2a 9190
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