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<br /> S. N�'i1 ar 1'r�csty lasurance. Borrciwer shs►Il kcep thc in�prc��•ati�cnty iww ezi�ting �•r I��w�.:� c:c:tw1 u�� th�
<br /> Prc>peny incur�d alainst lo�.c by Gre. Iwzards i►uluat� within the ttrni 'exte��Yl co�•en�c" mxl any uther It+u�'as, irwluJin�
<br /> f1�wJa or flcw�ling,far whirh l.cniler r�yuiras inwrancc. Thi�i�uur.uke stwill he nulut:tioal i+i thc unx�unt��uxl fi��the perlaf�
<br /> Qmt l.eikkr r�uit�s. T!u iruur� cuRier providing iFx inw��+ka:�twll bc rtu�acn by I3�rcr.►uer �ubjctit tu L.eixler'c u�y�rova!
<br /> which sh:►II iwt be unreasc,»t+ly witlshetel. If E3aurow•er fails w nwintuin co�•erage de��it►al rtx�ve. I.c�wler nuy. ut l.cacler's
<br /> option,obtsin cuvera�e ta protect LeitiJer's ri�hts in the Propecty in+rtiuid�;x�z with�r-agraph 7.
<br /> All i�uurance policies �x! renewals �I�all b:�c�ceptable to L.ender wxl slull include r stn�xl:uJ oK:rirxge clause. Lcr�ltr
<br /> s1�11 ha��e tht right to hold the palicies and rcnevr•�1�. !f Let�,ier roquir�s.Bc�rruw•er�Iw.Ei protti�st{y gi�•c ta lxxt;:::r all receirts of
<br /> paid premiunu arxl renrw�l �xuices. In the event of loss.Borrou•er st�fl�ive proaipt cwtice to the i«.�;ur.uwe uuricr w�d Lendec.
<br /> l.eixier may make pnwf of loss if not nude promptly by Ekirraw'ar.
<br /> Unless L.en�ier:uxl Borrower otherwise agree in writing.insurance ptr�ceeds stiall be�plied to restnratiun or repair af the
<br /> ('�opertY damagod,iP the rcseoration oc repair is uonomiraUy fe�sible and l.ender's securiry is not lessened.If thc restoration ar
<br /> repnir is iwt erunomically feacible os Lender's security would be lesceaod. the incurunce proceeds slui��be apP�ied to tlie sunis
<br /> secured by this Security Ynstntment. whether or not then due. with any excess pzid to Barrower. (f Bomawer ahandoru the
<br /> Property. or does not answer within 30 duys a notica fr.�m I.ender dwt Iha insunuue carrier has offer�d W setdc a claim, then
<br /> Lender may collect the insurance proceeds• 1-ender maY us� �he Ptt�cads ta repair at restor� the Property or to pay swnc
<br /> securtd by this Securiry 1nstN►nent, w•hether or not st�en due.The 31�day period will begin when the notitx is given.
<br /> Unless Lender and Borrow•cr atherwise r.gree in writing, any application of proceods ta principal sha1� not extend or
<br /> postpone thc due datc of ti�e monthly payments referred to in par-.�raUhs 1 attd 2 or change the anw�nt of the payments. If
<br /> under par.�r�.,,ph?.l the Property is acquired by Lender. Borrower's right to any inwrance policirs and Pra;e�s resui¢ing from
<br /> damage to ctt�Property prior to the acquisition shall pass ta Lender to the extent of ct►e sunu secured by this Security Instnuneru
<br /> imoaedi�tely�rior to the acquisition.
<br /> 6.OavpAncy,A�erv�tloa,Main¢e�nce aad P�otecttoa ot tbe Property;Barrow�er's Loan Appli��lioo.LeASebdds.
<br /> 15.�n�wer shall occupy,eaGal�list�.uid use the Prop�rty as Borrower's principal residence within sixry duys after thc execution af
<br /> tiTi�Sa.�urity Instiumeni�t;x�s shall continue to occupg tt�e Property zs Borrower's principsl residence for�t de�st one year after
<br /> the date oF accupancy, un:ess 1.ender ocL`+etwise agrezs in writing. which consent shalll not be unreasonably withheld,or untess
<br /> extenuating circunLStances exist Whid� � beyond Bormwer's control, Borrower stwll nat dcxbby. dama8e or imPair the
<br /> propeRy. allow the Propcst� to deteri�>ra'te. or commit waste on Q�e Pr�perty. Borrawet st�all be in default if any forfeiwre
<br /> action or ptoeoeding,whesl5a civil or crimi�l,is begun tEs�t in Lendu's good faith judgctient wuld result in fnrfeiture of the
<br /> . Pcopeny or otherwise materially im�sir tlu litn creaied by this Socurity Insuument oo LeMGr's security interest.Borrower maY
<br /> cure such a ckfault and reinuate.ac provided in puagrapb 18,by causing the action ur procoodiug to be dismissed with a ruling
<br /> ' tliat. in l,ender's good fiuth determinuion, pracludes forfeiwre of the Borrower's intercst in the Property or o�her macerial
<br /> iropairment of the lien creatod by this Security Lutru�or I.u�der'9 sec��ity interest. �orrower shall also be ia defawrlt if
<br /> F�arrower.dwing the la,u application procas.gave materislly falu or inaccurate information or statemenu to I,encler(or f�ed
<br /> pat.pn�vide Lcnder with aasr�aterial information)in connxtion with the laan evidenood by the Note,includic�.btu not limiud
<br /> :o.repreu�ions cooaraiug Borrower's occu�ac,y ot'the Property as a principaY rtxida�e.If this Security I�ument is oce a
<br /> IC3sCj101Q.�$O1T�W�'!S�ilT' WRI�y �v1U� Ya e a._ �...... ;� .n.Si:L"L`.w-^•L.i"•.`.�lSC..o, f�r � w-tn Jhr Pm�fe�it. thE---------_
<br /> a2i UK v�-i.ii'wu Ge Lw .�w-. Li�_..._.
<br /> Iwsehold ani the fee tide shall not r�wge uciless Lendu sgras to the merger in writlug.
<br /> 7.p��O�t Y�der's Ri�ius in t6e Propecty.If Borrower fails to perfomi tbe coven�nts and agraea�u►ts contained in
<br /> this Sccuriry tnstnunent, or there is a legal Proceoding that may significaiuly a8�ct I.eader's righu in the�4rc�petty(such as a
<br /> .i proceoding in baoicruptcy. prob�te. for oondeumatiou ot forfeiture or to enforae laws or regulatioiu), thea Ixnder may do and
<br /> ; poY for whatevu is�eoessa�y tu protoct the vslue of the Property and I.eoder's rights in the Property. Lender's actioas m�y
<br /> icxlude paying any sums secured by a lien which has prioriry over this Sxuriry Insuument. appearing in oourt. �rs}ing
<br /> Kreasonable attomrys'fee.c and eiuerin�on the Propetty W make repairs.Althougb�Leader may take acdon under.this parst��sp6
<br /> 7y I.eader doa not 1��-e tu do so.
<br /> My amouats dict>ur�d by L.�nder under this paragnph 7 shall bocomx s�dditioaal debt of Borro�r sa:urod by this
<br /> Security Inutivamt.Unless Bortower aad I.eader a�ra to other tertns of paymeat. these amounts shall bar inte�t fram the
<br /> dau of disburses�eat at the Note rate and shall be payable. with intotesi, upon notia from i,ender ta Borrower roquatin,Q
<br /> WY�•
<br /> S.Mo�t�e IoWraoa. If Lender required moctgage insuranoe ac a conditioa of ma{cin,g the loan sec�:ned by this Savrity
<br /> ' instraa�eau. Borrowu sh�4 paY� P�+� n9uired to maintain tLe mortgage iawranoe in effect. Ii �ar any reasfln, tlx
<br /> moctgage ias�ua�cover�ge requirod by L,esscler lapses or ceases to be in effed.8ornower sl�all pay the prsmiums roqn'srod w
<br /> - obqin coverage���,u?w�ly equivalau to the moRgage insuraooe previously in effect.at a oost substantially equiv�lwt to the
<br /> cost to Borcowu�f the uartgage inwrana prcviously in�ffxt, from an alte�cnue moctgage ipsarer approvod by l�c,�du. If
<br /> sttb�tsntially eqnivala�e mottgage insuranoe oovetage is not avtilable,Borrova�s}sall pay to I�ender exh month a sum o9ua1 i°
<br /> � ono-twelfth of the yeuiy mortgage insurana pnanium being paid by Borrow�er wben the insuranoe wverage lapsed or cra�sed�co
<br /> ���ff'ect.I�er will aca�t,ust wd retain tbose paymrnts as a loss ceserve in tieu of mortgage inwrinoe. L.osa re�.ze
<br /> . Form 302a 9t90
<br /> r.o.aas
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