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<br /> S, 11��rd or Prnpsrty rrourat�ce. A�rruwer �h�ll krep thc improvcrr�nts now exisiing or hereARer erected on thc
<br /> P��rty Ensuroci�alnsi loss hy P�re, luxards jnctuded wit�9n the tcrni "exteixicxl caverage" and any other hazards, including
<br /> f1cM�d4 e�r SlcKxling, for wl�ick I.e►xier requices insurn�srn.Thir insuranee shall be mair.tained in the arn�unts aixi for�he pesiods
<br /> tii��LK�+��� �eyui�cs. 'fiw i�::�u�»uw c:►r�l,;►•psa�ldi«g th�iasurar.c..sh�ll ts�choscn by�totrotv�r s�!hjME to L�nder�s an�rovu!
<br /> wh�ch shall not be unreYwnably withheld. If Aorrawtt 1'a�ls t� maintain coverage descdbed above. l.ender may, at Lenckr's
<br /> u�eion,obtain coverage to pratect lxncier'�tightx in tho Propetty in a�;cordance with paragraph 7.
<br /> All insurance poliries wxb renew�is sHall be acetpuble to I.,ender and sl�all include a sta�xlurd mc�rtgage clause. I.�nder
<br /> sh�ll have�he right to hold thc��licies unci rcne:wxls.�f 7.,ender reyuires,&>rrowcr shall pramptly giveto Lcnder all��ipts of
<br /> paid premiums and renewal notices.In the evrnt of lass.Bc�rrower shall giae prompt notice to the insuran�e carritr and Lendsr.
<br /> I.e�xle►�ntiay mal:o proof of loss if nc�t nudu pn�mptly by�ormwer.
<br /> llnle.�s 4ender anci Hnrmw�er wherwise aqree in writing.insurance procaxis shsdl bo applied to r�tornion or eepair of the
<br /> Propeny damAgcd, if thc restomttnn or repair is ecunomicully feasible ar�d Lender's securtty is no!lessenad.If tlk restorsition or
<br /> repair is not oconamically feasib!o or Lenciar's security would b�lessenaf,the insuwance procer.�ls sh�ll be applial to•th�e sums
<br /> securod b�r this Sacurity Instrument, �rnc�thtr ur not th�n due, witt► any excrss paid to Bnrro��er. If Borrower abaz►�ans chc
<br /> Propatty, or does�wt enswer within 30 dnys a notice from i.ender that the insurana carrier has offercd to settla a claim,thCn
<br /> I.endrr may cu11aK the insu� proceeds. L.�nder may uso tha proceals to rcE+air or r�tort the Property ar to pay s�uns
<br /> sscurcd by this Security I�utrwnent,whether or not then due.`l'he 3(Wag periud w�tl begin when th� nuticC i�givc��.
<br /> � Unless Le�der arrf Borrower otl�crwisc agroe in writing• anY application of procads to principal shatil �wt datsnd or
<br /> postpone the due d�te of thc monthly pa,ymenRs c�ferrod en in paragraphs 1 and 2 or change the amount of tht payments. If
<br /> undcr parrgnpti 21 the P[openy is acquirod by l.cnder,Borrower's right ta a�iu insurance policies and praceods resulting from
<br /> dam�gc to tho Propcny prior to tha Wcquis3tion shall pass to I.ender to thc extent af the sums securod by this Sewrity Instrument
<br /> i�eu»odis�lely pri�r ta the acquisition.
<br /> 6.Oernl��cy.l'�+ex�vation�MAinte�nce�nd!'c�otactlun ot 4he Propetty;Botmwer's Lopn AppUcation;I.e�wdalda•
<br /> � Bomower sho1E oa�py,�t�blish,�nd use the Property as}iormwer's principal residence wiihi��ixty d�ys dter the eaecution of
<br /> this SEcurity Instrument and shall oontinue to occupy trie Prop�rty as Borrowcr's principai rcsidencx(or �t least one year�fter
<br /> the date of oxupan�cy.untess I.ec�du dherwise agreGS in wciting, which wnsent shall not be unreason�bly withheld. or unless
<br /> extenuatir.g circumuances e�cist which are beyond Hom�wer's rnntrol. Bonvwer stixp ►�ot deslroy, dart�agt or i[rt�a►ir tl�e
<br /> Pro�eriY. alfow ti�e rraperty to deteriatrte,ar oommic wasce on u�e�rOpc�iY- aum,wir ai�if ue ���:��.. :f az� :..:f'�st::=
<br /> acti�n or pmcoeding,whether civil or criminal,is begun that in Lcn,der's gaod faith judgmu�t axild result in forfatw�e oF t�e
<br /> Froperty ar othenvise materi�iiy impair the liai cm.ata�by this S�ux�ty[nsttument or l.ender's socurity interast.Borrorrer ei+�cS'
<br /> cure such a defeuit and reinstate,as providad in pArs�graph 18.by caasing the actian ur procealing to be diunissod wieh a ndi�E
<br /> thu, in Letder's good fiith determitwtion, proclucles [ocfeituc+e of the Bormwer's interest in the Propeny or other au�ui'iu�L
<br /> . impaimient of tha lien ctratod by this Secwity Ii�wumcnt or L.ender's security intarest. Borrawer shall�lso be in defaolt•tf
<br /> $orrower.during the laan application prooess,g�ve mwterislly false or inaccuratc infom�atlon or statemeius to I.ender(or fni4od
<br /> . to pcovide l.ender with Any matc►ial information)in co►moction with d�e loan evidor�oc!bv the Note,including,6ut not limifed
<br /> to�represen�iaris conoaning&�rrower's occu�u►ey of the Property as a principal rrsidence.If this Socudty I�iatnunrnt es on a
<br /> ►easeholQ, 8orrower shxll comply with aq thc provisions of thc tease. If Bomower aa�uir�s fae titfe to the Propecty, the
<br /> le�sehold ud the fee tidc cQu�ll not mergc unless i.cnder agnxs to the mergar In writing.
<br /> 7,proteetbn at[�dtcler'e�hta tn t6E Property.If Bo�rower huls to perform the covenants and sgreanenN c�ontained�n
<br /> this Socuriry Insttumwt.or there is a legal proceoding that n►ay Significuntly affecl Leixkr's rights in the Property(such�.s a
<br /> : , proce�ding in b,udciupk.�y, probat:,for wndutuwtloi�or farfeiture�r to enfarce laws or regulxtions),tlaen Ltnder ms�y do and
<br /> �ay for wh�tever is naxesary tn protect ttk v�lue af�i�e Property and L.endt:►'s�ights in the Pmpaty_ �Cier's actio�u may
<br /> �. i,c�clude paying any sums s+x�cnxl by A lirn whiCh�Ynn� priority over this �ciiaaty Instrument, appcaring in court. p�Yin�
<br /> ,.°'k'rstsonnbl�anorneys`fas ard tr+tering�rn dio Propel;iy��to make rc�ati�'s.Althou��tl��..ender may Wce �ction urKkr this paragry�h
<br /> �'?.Ltixkr•�;kxs not have to ck►so. �', • ;
<br /> A,t�`�iinounts dislwrscd by I.ender undor thi�.p�uagr�ph 7 shaU bocome additiunal c'��'�±�Borrower sa�red R�y this
<br /> ��.�ecurity I�nuumer►1. Uniess 8orrower and I.enAtr af;�f•�:e ta other tcrms of pa}rment, these�iow� s6el1 b�r.�3ntenst from tho
<br /> rlate uf disbursa►x.�nt at the Nate mte and shatl b�'�nyablo, with interesi. upon aotice from l.end�r ta�li�a�abwer roquating
<br /> PaY�•.:�'�
<br /> , g,14fa��e L�vance.ff L,eaxlar.�raquirai morigage insuraiwe as�co�dition of m�icing the Iam securai by this gecui�ty
<br /> Instiument,Hcxrower stult p�,y the precr++ums required to mtintain tLe moKgage insucana in efftd. If, for any ress��,,Y1se
<br /> ,�"3t�ortgagc inw�mxx co�'eraga ux�uirod by Lender lepses or orasts to he in effect,Borrower shall pay the premiums rcquiral to
<br /> . - Y;,blain coveroge substantially tyuivalent to tlAe mortgage insurance pr¢viously in effect,at a cost subttanti�ly oquivmient to the ,
<br /> �bst to 43armwer of the martgagc inwrancc previnusly in effect, firom an aitematc mongage insynr appi�ovod by i.encfer. if
<br /> substantin�6�,�quivalex►t nzortgage insurance coverage is nat uvaiiab3w,Barrower shall puy to Lencier wch month a surn�u�tl ca
<br /> onc-iw�9�st��aF the ycady murtgage insurau�e preaywn boing paic�by�luivuwcr when thc inwrance covcrage!a}�sed or c�:2s��d to
<br /> l5�in effi�tx:yLender will acrcpt�use and rdain tnrst�aymesnte as a loss rescrvc in lieu of mortgage insu�sr�,c. Loss �cserve .
<br /> , Form 3028 Y1�0
<br /> v.o.3 oe e
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