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<br /> �. i�;u-�;w E;�;�J E;,::::�:.::. P.:+r::s+:.r +lt:►ll ��tip thr Im�r�»•en�en�c mw exi�tinF or I►ereafter erecta! on the
<br /> Propcny insurcd o,�:�inst lu�.c h��fire, tw.anl� iikluilcJ wl�hin thc trim 'rztco�k�J co�•crugc" aixi any athcr iuzurJs, i�kluding
<br /> flaxls or tl��xfi��g. fiN w•hirh I.c�xler rcyuires�i�u�ur�k�. 1'Id�iiau���uw•c`Iwl)hc nuliu:iiix� in dtie su�wunts arxl fat thc perials
<br /> tfwt Lc�xlcr rx{uires.7'tu i�uur;uk�car�ic� pn��idinL 11►c i���ur�uk: �I�+11 t�c ei��+.rn by &�rruw�er subjcct to Lcndcr's approval
<br /> wNich shall rwt t�: unruu��uhiy widtlu�W. lf D��rruKC�� full•N: nuiiu�ln rutcr.►j;c dcuribcd ahove. I.ender uwy. et E.ender's
<br /> uptiuu,obwi�i ruvcrage t�i pr�ukt t_ender's rights in tMr Pr�+j►erl� iu w�.�u�J.u►:��wlth puzgr�h�.
<br /> All IpaU(�l1CC Qc�IIC1CS�IUI tCllCw'JIS �I1:tl) bC Y�:Cptublc tu Lcixkr a��l �l�sl1 iruluite a sta�xlard mongage elause. Lender
<br /> , shall ha�•c thc right tu I�u1J die�wlieics a�x1 r.iti►�.•�l�.. !f 1�i:1cr r�::{ulr+. ki�►trawer�II promptly give to Londer all receipts af
<br /> paid prenuunu and rauwal naticcs. in the event af'lu�r.Ekun�+►ee Jull�lve p:umpt neuice to the insurunce c�rrier an�i Lender.
<br /> Lender n�y nwke proof of luss if iwt n�uic pron�tly by&u'rower.
<br /> Unless Lender and Barruw•er uthcrwise u�ree in K�ritinQ,insw:uke pn►►�rod�s.h�ll be upplicd to restor�tson or��apair of the
<br /> Propeny damaged. if tl�e restoration a�repair is er+�tx�n�Ic:J�y fe:uible w�!(Aixkr's►ecurity is i�at lesseneci it thcs restoration or
<br /> repair is rxu economic:illy teasible o� Letuier's se.�urity K��wW Ix Ir.+�iwJ, ttk i�uur�xe prc�cuds st�ll be aprlied to the sums
<br /> secured by this Security Inytrunxnt, whcUur ur�x►t then due, with uny cxrew paic! ta Bartower. If Borcow•er abandans che
<br /> Property, or dces not unswcr within 30 daya a naticc frwn Letxk�that the insurwticc uuricr hac oiferal to seule a claim.tt►en
<br /> Lendzr m�y callut the inaury�ce praccais. Le�xlcr nuy usc the ,�cxcrxls tu repui� c�r ratare the Property or to pay siuus
<br /> secured by this Security Instrunxnt,whether or�xu then due.Ttu 3t1-�y pericxl will bcBin wtun the notice is given.
<br /> Unlcss l.ender and Borraw•er oihcrwisc arroe in writing, uny up(+liwllun uf 4�r.we�ts ta principal shall noi extend ar
<br /> postpone the due date of the nwnthty p�yn�ents rcferrod tu in p•rras��phs t �utid 2�u chynrc�he a�n�went of the payments. If
<br /> under parrsraph 21 the Property is acquired by Lcixicr, Borrawcr'�right to wiy ituurwuc�x►licics und proFeeds resulting t'tan�
<br /> damage co�he Propeny Qrior to the acquisition shall p�ticc to Lender w the exteru ui'ttk►uins saured by this Security Ins2iun�ent
<br /> uxm�ediately prior ta the acquisition.
<br /> G.Oaupswcy.Prescrvatioa, 111atateuaucx wnd Protectlon ut tbe Property: Ban�M�rr'�I.oau Apptkatlon;t.easeholds.
<br /> Borrower shall occupy, establish,and use the Property�s Borrawer's priociprJ residence within�Izty d�ys�fter tho exacutio�of
<br /> this Security Inurument and s1�a11 continue to occupy the Property ns Bamower's prir.�iEwl residence for at teast one}eax after
<br /> the date of occupancy, unless Lender otherwise a�ras in writing, which mnsent shxll nw b�wireasonablY�+►'lthheld,ws unless
<br /> extenuating circumstances exist whieh are beyond Borrower's rnntrol. Barrawer sh�Jl ex�1 destroy, cl�n�e or impair the
<br /> Property, allow the Property to deteriorau. �r commit wastc on thc Pmperty. Borrowcr shal) be in default if any forfriuue
<br /> action or procceding,whether civil or criminal, is begun tl�st in Lende�'r Qood faitb judAmetu could rcsult in forfeiture of�e
<br /> Property or otherwise materially irnpair the lien crcatod by this Socuriry Instrumen�or l.ender's�ocuriry inkrat. Borrowu naay
<br /> cure such a default and ninctate,as provided in para�raph 18,by causin�the�etian or pmceodin�to be dlsmi�ced with a ruling
<br /> tt�at, in Lcnder's good faith determinatian, precludes forfeiwre of the Borrower'9 intcrest in tfac Ptoperty or otlw m�erial
<br /> impaim�ent of the lien creatod by this Security Instrument or L,ender'c socurity interest. Botrower �tudl dso be io default if
<br /> Borrawa.during the loun applirstion process. gave msterially fatse w i�wccunue infom�tion or ttatemeau to Lender(or fvlod
<br /> to provide Lender with any m�terial infomiation)in connection with the lw�n evidet�caf by the Nate.includi�. but aot limited
<br /> to.reprauauuions conceming Borrower's owupancy of the Ptoptrty as s�principal rcsickncr: It this Secudty Instlumerit is on a
<br /> l�:.,.-hold. �rns:� a�+,1� n,•+.�+l; wirh All �he pmvicia�c of the ieace. If Bormwer siCHw� toe tftle_w the Property. the
<br /> leasehold and the fa ritle shall not merge uiiless Lender a�raes to tttic rtscrQtr in wriUa�.
<br /> �,prot�tioo os I,eader•s Ai�hts io th:propd�ty.If Borrowu f�ils to perform thc covcnuus atd�rcemnc�contained in
<br /> this Security Instrument,or there is a legal pco�YOdin�ttwt may ti�niticuuly�ffect l.ender'r�iydt�ia lhe ProQertY(such as a
<br /> pmoealing in bankiuptcy.probate. far condenu�ation or forfeiture or ta enforct l�wc�r rt�ulatlw�s),then L.ettities a�y d�n and
<br /> paY for whatevu is neoessary co ptotat the value of the Prope�ty and Lender's ri�hw in the ProQeity. Le�det's�ctioas may
<br /> include paying any sumc securai by a lien whieh ttas priarity avtr this Secu�ity instrun�ent. nppearinQ in court. p�YinB
<br /> reasonable attomeys'feas and enterin�oa tbe Property to make repairs. AlthouYh I.ender nuiy t��ioa undex this pstagrapl�
<br /> 7.I.ender does aoc have to do so.
<br /> Any arrwunts disbursed by Lender under this pAragr�ph 9 shall becane addition�l debt of Bonower :ecvred by thi�
<br /> Security Instnmxnt.Uaku Boaower and I.ender a�rce to dher tennc of piymeat,tl�e rmwats shall be�u iaterat from the
<br /> . date of disb�usemect at the Note rate a� shall be payabte, with iatemt. upot� notioe ft+an l.ender to Bomower requesting
<br /> payme,n.
<br /> 8.Mat��Inwranoe.if I.ender required mortgage insurana as a oondldon of m�IcinQ the Ic�n savred by�s Sxurity
<br /> Instrumcnt. Borrower shall pay the premiums requirod to maintain the caoR�c inwnuoe in eifeq. if, for aay rcawn, the
<br /> mortgage inwrrnce covenge roquirod by Lender tapses or ceaus to be in effect. Bormwer slull p�y ttie preroiurn�cequirod w
<br /> obtain coverage subuaiuially equivalent to the mortragc lnwrance previausly in effect. �t w ant wMtantWly oqulv�lent to tbe
<br /> cost to Borrowu of ttu mortgage insurance prcviously in effxt. from an alternate ��e inwrer �pprovod by [.ender. If
<br /> subst�ntialiy equivaknt mortgage incarance�verage is not ava9lable.Borrower stu�{I pay to Lend�ach awnth�we�eqwl co
<br /> oa-cwclfth of she yearly mortgage insuranoe prc,mium being paid by Borrower whrn tbe in�unw►x cover�e I�oc1 or ce,ssod to
<br /> bo in dfxt.Lender will xcept,use and retain these payments as a loss raerv�ia lieu af �ort�e isuu�w�e. l�ace raerve
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