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<br /> • S. il�:�urd or f'ro+xrty� 4tisw�suK'e. fiu i�x•ludcvl w,iti in the,�rnijAext�,ixled co e�e i�i�x1�u�� �uher`icwxards� inc'�wli�r --
<br /> Pr��e�ty iiuurn! a�ainst luss by fire. Iw�xr� -
<br /> ilaals or(l�wd2��g• (w wi►ieh Lcoikr scyuires i�LCUrancc.This incurrnce chall!�c nu�nt+�inai in the wiu�uuts aixl f�u the{x(�vRi _
<br /> ihat Le�xte�• requir�.Thr i►uuraneecarrice provialii�the i�uuo�iwu�!n cv erage�dcsc��beJµobu c`�l.en�ler nw�zt L.c�uicr's� -
<br /> which sliall �u�t tx: unreawuably withhcid. If Burruwtr fwl ����«rJancc with{►a��r+ph 7.
<br /> uptlun,c�btain cave�;s�e ta p:c�:::t Le�:i=r's ri�ltitc in tl�e Pmperiy� W
<br /> All insurance policies ;utid renewals sl�a11 be acceptable to Lender anc! siu�ll iixiucte� sGUUi�rVC�tx'r��I�1 cce p�t o� •
<br /> shall have the riphl to hald the policies and re�xw�ls. lf 4cnder requires,Ik�rrower st�ll promptly B .
<br /> paid prcmiwi�s a�ui renewal naices.ln the event�f loss,Borrower sl�ll give prompt notice tu the insuru�xe carrier�nd Le�xier� ,
<br /> Lenclei may nukc prool of loss if not u�adc promplly by�orrower. r�s shall be u�pliod to restorati�o or rcpair of ti� '
<br /> Unlcss Lettider a�x1 Borrow�er otherwise a6rx in writing.insuruice P
<br /> ed,if the restoration or repair is ecawmically fe�sible and Lcnder's sa.urity is not lcssencd• If the restoration at"� ..,,
<br /> Properiy dat►ia8 hal to the sums
<br /> repair is ncu econamic«11y feasible or Lendar's s�curity woold be les�ud.the insu a��r�ro�wer�lf'Bon wer abuxlo+u the
<br /> cecamci 1►y lhis Socurity lnstrument. wbettur or not then due. with any excess pai
<br /> P�apeny.or does not�uwer within 30 days a notice from L.ender that tl�e��urance c�rier has offved ta settle a claim.then
<br /> Lender may caUect the insurance procads. Lender n�y use the P�� ��wi�111be in when the naice istgiyen p PaY S°ms
<br /> sxurcd by this Saurity inscrument.whether or nat then du^.The 3�'�Y l�ion of �a�ds to pri�xip�l shall not eatencl ar
<br /> Unless Lender :uxl Botrawer otherwise agree in writing. �Y �p� 1 uixl 2 or change t}ae amouni of the pa}mcnts. if
<br /> postponc tha duc daie oi t1K monthlY paYments *Eferral to in p�ragraP licies and proctxds res�iting from
<br /> under parog�apt�21 the Property is acquired by Lender.����r to the extene of the sums securcd by this Security Insuument
<br /> damage to the PropertY Prior to the xquisitioa shall pass
<br /> immediately priar to the acquisition. go�wa's I�oan ApPlic�stion+1•�as��'
<br /> 6.Occupancy,Pr�er�'atlon,Maintenauce and Protection of the Prope�'tyt
<br /> Borrowu shaU occupy.establish.and us�the Property as Borrower's principal raidc.�we within sixry days aRa the execution of
<br /> this Security Instrutnent and shail continue to occupy the ProPorty as Borrower's principal tesidence for at lcact one yey�n�+'
<br /> the date of accupancY.unless i.ender otherwise�gras in wridng,which consent shail not tie unreasunably wit}ilierd' ��
<br /> extenuating circurtsstanas exist which are Ixyand Boreower's control. Borrow��eT���On �.�Bif any forfeiture
<br /> property. allow the Property to deteriorate. or oocnmit waste oa the PcopercY•
<br /> action or proceoding. �uiall �i�1 or c�i�,��by this S�cu 'tir y Iactrunxnt or l.endu's security 9�nterest�Borrower rn�y
<br /> propeKy or otherwise Y i�
<br /> ' cure such a default and reinstate,ac pmvidod in paragnp.'�18,by c�using the xtion or proceeding to be diunissed���`�erial
<br /> that. in Leader's go«t Caith d�termn�tion. preciudes forfut�re a€the Borrowu's inter�st in the PropertY
<br /> impairmettit of the Ikm erested by this Securiry I c�W�y f�������e inf rmation or statemcats w l.ende�°i f�ilod
<br /> Bonowu,during the l�xi aPP�ication proocss,8a" but not limiced
<br /> -- .a�:��id�i,_._�TM!r:t•�h sny matelial infomiation)in connxtion with the loast evidenced by the Nou.ineEudinB. --
<br /> to,teprestt�tations cawea'ning Barrouer's omipa�cY of the YtOQCttY ss�pri�wiy:t:.,�:d:.¢s�x.rr�:�Crn�rity I�uma�t is on a
<br /> leasehold. Borrowu s1►all comPly with all the provisions of the le�se. If Borrower aoyuires fee tiUt to the 1'ro�e�tY,�
<br /> leusdx�ld and the fa title shall not merge unless I-ender a8ras to the mergu in writing. ������in
<br /> �,prvtattop of t.eoder's R+Bdts in the FrupertY•1f Bo*r°wer fails to perform the covenants and�8
<br /> this Sacurily Ins�nunen�. or there is a legal prceoedin8 that ms►y signiFicantlY affect Lend�f's righu in the PropertY(�► ��
<br /> robate, for condemnation or forfeiture or to enfora taws or re$u�at�au)•��r°�y d°�nd
<br /> proceedii�e in banicrupecy.P and Lender's rights ia the PropertY- Le�der�s actions a�y
<br /> paY for w';1�tevu� nec�ssa�7' �o Prntoct the value of the PropertY n in court. paY1nS
<br /> includo paying aay s�s secured by a lien which has priority ov� AI�S�tit�n�uu��•e���r this paragraph
<br /> reatona6l,e auomeys'faa and entering on the Property to m�tc�repa�
<br /> 7.Leride�does not twv�to do so. ? shall become addition�t debt of Borrowa sxurod by this
<br /> Any announts disburud by L�endu under this Pnn+Srap� �� ��S shall ppr interest from the
<br /> Security Instrument.Unless Borcower and Lender agrce to other temtic ot P�Y n notioe from Lender Eo Borrower requesting
<br /> data of disburs�ment at the Note rate u�d st�a11 bo Wyable. with interest. upo
<br /> �Y°�• e incurnce as a coadition of making the loan securod by this SecuritY
<br /> 8.1�1w t�a�����.If l.ender roquired mortgag in effeet. If. for any reason. the
<br /> lnurumeat. Borrowu shall p�y the premiums required to maintain the mortgage intur�oce �p�ums co9uired to
<br /> mortgage insuroace coverage requ:red by Le�der lapses or ceases to be in effect,B�nrrower st�all pay v���
<br /> obtain coverage substaritially equiv�lent to the martgage inwrance previously in effect. u a cost subsiantially equ�
<br /> cost to Borrower oF d�e mortBaSe irsur�nce pr'eviousiy in effect. from a�z altemate nwrtga8e insuru approved by I�ea�da'. tf
<br /> �s���y ��v���g��sura�x coverage is not avtilable.Borrowu shall pay to Laxle�r�ch month a s�m�w
<br /> one-tw�fib of tE�e yeariY mortgsge iawr.�nce prewium beic►�P�id bY Borrower wiun the inwru�ce wverage la�sed or aaud to
<br /> ��p ei�eCt_ Leader will aceept,4se and retzin thase paymenu as �loss reserve in lieu of mortg�gc insurance. tuss rexrve
<br /> Fonw 302s 9190
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