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<br /> ' S. Haassd�r Property Insurance. Borro�ver shall kcep the iffigrovements now emsting o��erected an ., � _" .. _
<br /> the Psoperty insured agaiast lose by�ire.hazards included within the term"estended coveraga"snd aay other hezatd�. _
<br />,,.� including flaods or flood'nng,for wtuch Lender requires insurance.This insurance shall be maintained in the amaunts , s;
<br /> a n d f o r t h e p e r iods that Leader r e q u i r e s.The inaurance carrier providing the insuraux shall b�chosen by Borrower •s� r�-
<br /> f sublect to I.ender's approval cstuch shall not be unreasonab ly wi t h he l d.I f B ormwer fai l s t o m a i n t a i n c o v e r a g e d e s c r i h e d , �
<br /> �' above.Lendnr rnay,at I.ender's ogtian,obtain coverage to protect Lensi�e's rights in the Propercy in aconrdance c�ith ... „-:-:.:y�-`�
<br /> ; paragraph?. . '.. .�.;_.�.',:. Y,
<br /> Aii inau.-�rcce Folicies and renewals shsll be acceptable to I.en�er and shall include a standard mortgage clsuse.
<br /> 3 Lender sba11 have the right to �oId the policies aad ren�wals. If Lec� reguir8s, Banower shall promp4lY give to x y,.F,,,�, _.
<br /> ; Letsder all receipts of paid premiums sud r�rral aotices.In the eve^.:i:.r�E�:.�*rower shall give prompt notice to the t � ��� �����t��r.
<br /> ,v Borrowec. �,� .., .
<br /> ( insuraace corciet nnd Lender.��asL�m�,s3�proof c�i�s if seot ss�gr'�a-i�'S.
<br />`:t Uraless L�ader and Bomo:or����s��.}�in w-�s.s:�,insuran�gro��aii:�ae applisd to restars�or repair ' ` �� ` _-
<br />-:>;,;. af the ProFerty d3r�a�ed,if ti���uu ar repFUr is eoanomically feasible and 'Lread'...�'s sacc,-ritS is not:�d.If the fg;..�:,n�.:,-��-:..:-r+-_
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<br />:;:; r�storation o:s�:tir is not ecouomically fer,�'ble or Lender's security wouid be le�n�3,the in,sW ance proceEds shall be :.�;;�:�„,r;;�j;;;.;�:;:,w,:,i
<br /> ���.,.�_�,,�,�,�„_-y
<br /> applied w the su:ns secured by this Secwity Insw�ent,whethe�or not then due.with any eacess paid to Borrower.If �s�+ ��V
<br /> Borrotver abu���ns the Pmperty.or does not answer within 30 days o notice from Lender thnt the insurance carrier has `:���;;;:,;,�,;.�,,,>-
<br /> ' cesds.Leader ma use the mceeds to repair or � w -- _~-
<br /> ' offered to se3�it�a claim.then Lendes may coltect the insuraace pru Y p ,, �����-�-.-�.�
<br /> ' restore t h e Fs a�s r t y or to pa y sume secured by this Security Instrument,whether or not then due.'I'he 3o-day periad wiU _ r,._ _:_ ---�
<br /> � begin when�notice is given. � - _ _.._..—
<br /> i U�es�E�:tder and Borrower otherwise agrea in writing,aay applicadoa of proceeds m principal sha11 not extend or ,
<br /> pp�tpo�tc th�3��:°date of the monthly payments n4erred to in paregrapl�s 1 and 2 or chaage tha amount o!4he paymente. i.:r�.�„
<br /> � Ii undarporag�aph 21 the Property ia acquired by Lender. Bonower's right to eny isisuraace policie3 aad praceeds � ,� - _A �
<br /> reaultis�g trdrn�dsmsge to tlFe Property Prior to the acquiaidon shaU pass w Lender m th�esuat of the sums secused by � � _
<br /> or to the acquisition. '` "���-_-
<br /> � th�sSecurttytsrnrumentimmediatolypri _,.,_,,.T,.,: � =--
<br /> • (,Qccs Yysey.Peeservation.A ia l a i t enaace a n d P r o t e o t e o a o f t h e P r a p s r t y:H o n a w e�''s I.�m a A p p l i�ition; ___�
<br /> Y.D ��
<br /> .. L e�sehal�.�t�rrow�er shell occuPY.estabtiel►,end usa the Progerty as Borrnwer's principal residence within siaty daY� :..,.�._���_--
<br /> L" as Borrower's --
<br /> efter tha esecL.-�en ai this Sscurity I n s t r umen t an d s h a l i c o a t i n u e t o o c c u p y t h e P r o p e r c y P��P� ���.--- --=
<br /> rzsidsace toz a2 ieast one year after the date of occupancy.unless I.ender otheraise agcees in writiag,which wnsent ah�ll
<br /> not be us�eusar.ably withheld,or unleas eaunuatiag c�rcomswaves exist wluch are beqond Boirower's control.Borrower �r%:�~�
<br /> � � shell aot d�+ttoY.damage or impair the Propertq,allow the Propert5►w deteriorate�or commit waste an the Propercy. ,,- .
<br /> ' Borrowec ebul3 bv ia defau2t if any forPeittue actioa or ps�ooeeding,wlxether civil or criminal,is begun that in Leudsr's � - ..-
<br /> � good faitA j�xt�ne�►t couid result ia forfeiture of the Property or othervise naaterially im�ais the lien crested bp tt�is .,.,�,,.�r,,..: , .° ' :-
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<br /> Securi t y In�ttnent or Len.der's securitq inteses� Bonower may cure sach a defau3t a:�:ei�state.as pravided un ,� �•..� �-3-;'.;:�*. ,
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<br /> P��F� 1� bY ��g t£te action or p r a c e e d�ng,t o b e d i s m i s s e d c v i t t� � �r l i n g t'1 a 3, i n L e n d e r's g a a d f a ith a, � '> .
<br /> ' determinatio�.�reclude�f¢��trre of ths Bortowet's�nterest in the Psoperty�+��'ir-av�al impairmeut o4 tbe lien .;�e��, a;:t;,;�;t�s.:�-�;G�;� .
<br /> created by 2ti�5ec�rity Instr��ut�r�u.der's securi t p in t e r e s t.B o r r o�ver s��o�e iai�ault if Bor�ower.duriag ,�•�;`.
<br /> the loan a�Ii�tion prnc�. 6ave materiaUp ialse or inaccurate information�stateaLe�t�to Leader (or failed to �,. ;�;;,�_ >a •.;� :,_ .
<br /> ; �....
<br /> p��,Y�I,endr:r a�ith any z�x��rial informatioa)ia connection with the loaa e�cJ�.-.ced by t�e Nou.includiag.b�t nat ;,h ' , f�s:., `
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<br /> � e limited w.re�e�entatioII.s.var•..cerniag Bonower's ocx�spaneY of the Property�s:a principal residence.I�tlaie SecuritY ,, , . � � ': .
<br /> Instrument is:oa a leas��.vi�,Tiasrower shaU comply with all the pmvisions af th�lease.If Borrower acquires fez titla to :s..� .���: -
<br /> the p�ropcjrt3-:t�leasehold and tt�fe�title shalI not merge unless Leader agcr�s to tha merger ia evriting. w-s..
<br /> ' 7.PrartEC3ioa QS II.e��er's Ri�h4a in the Property.Tf Borr��s�er fails w perPornn t�s cavanants and agre�sneuv� '���:.
<br /> < b'�P�g t.�at ma s� iaantiy�ect I.eude�e rights in ti2� ... '�'.�.'��� ,
<br /> �.�: coatained i�tbss Securi�Lrs^.sament,or there is a le F � �� ,f
<br /> �f proportF (�trah as a grcuvs:�i?ng in baakruptcy. Probate. for condemua�.o.� ��r furleiture �r to eAfasxe lawa or �� s';�:.��4''}�?:.'�;;;�°�
<br /> �gutaha�).then Lendec a�r;F�do and pay for whatever is necessarq to prmte:�c�d'er=vslue of the Property and Lender s ' ��>•�� -��
<br /> `},V�t M�lLg ja LA4,+n�rp�1'�.L=cr,�.�.''s actions may iaclude payia8 anY snms secur�3t r'sg 3?ien svhich has pnority over_thie -- —.
<br /> 7�rf Secu�riy��ment sppe�.�v,�;i�caurt,�=ying reasaaable attomeya'feee aad c-�tr�.�an.t3s�Propetty to make repsiis.
<br /> ,_,r,f.. • —
<br /> ...;;-; Althc��ta;gh L�der may taSte ac�on o�r tl�:s paragraph 7,1.euder dces not have�.�a so. -- _--
<br /> Any ara��unts disbut��u£Uy L�ender under this par�.graph 7 shall become ad�dra¢.flnal do�rc di HorcoWer sec�red by t1Ais _
<br /> Sr�se�i4p Iamtrument.UnI�Sorr�wer aad Lender a�e w other terms of�s.s.3r�s�ent�these asaounts shaU bear intarest _...
<br /> {��ti3t�of disbussc��t at the Note rate aad ahall be payable,w'sth ente�:,upoa notico irom LenBes to Borcower
<br /> � r�'y`�^"•w"'�C'�7••.'�t' " Fr �'.� �—'�..
<br /> '. 8,Mi�catL�aga Insar+�^co.If Lender requiral mortgage insurr,�'-�t�e condit�on of ineking 4ha loan sectrrod by thia m_—
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<br /> c� Secunyty f�ttumant,flaml�sr she11 pay the premiuma required w r:�aintain t�e mortgage insuranca in effect.If.4or asiq ,7•�... -;
<br /> reaso�.,tlab mortga�ei ins+��:e coveraga requir e d b p L e n d e r l a p s e s or c��r�Ue in effect.Borrower shall pay the � .,:r�q�,,,
<br /> . ^ preeLnieL^ns seqvired to o���:AVera�e substsntialfy equivalent to the mort�,^,��!e w�surance previously ia effeci.at a cast ��.:� . A�..; -
<br /> � su�ta��i�ily equi insura�oe vio�asly in aitect. from an att�ernate c;.,•„�••��•,;.�,:.. : ....f�.,. ,
<br /> valent tu r�=�cast to Borrower of the mottgage ' � �,qt F�,•,,�,. ,:,::•..:::� .
<br /> � '` mart��e i n s u r e r a p p r o v e d L-y L e n d e r. I f s u b s t a n t i a l l q o q u i v a l e n t mort�^:. insusance coverage is not available, �!;,',!�+�.���I�;7,. . _
<br /> Bm�rra�er s}uill pay to Leru.ir:r.�oh manth a eum equal to one'�twelfth of the r'°.=r1 mortgage insurance premium Ueing � �i����:�S`��P��;� '� ' -
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<br /> �. ppir�b�13crrower when tir.,sa:c.urance covesage lapsed or ceased w be in effe�^�3.ender will accept,use and retein thesa ' �r� �. .
<br /> �� �aprn�en� es a losa r�^�,� in liou oi mortgago lneuranoe. Lose r�� psyments may no lon er be r ired. + k', � ...�� �°• . : _.
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