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<br /> I l.arHla��hall huve the�Ight to hotd the policles and renewale.If Lender requlres,BorrAwer shall promptly give to Lender •' �. }
<br /> �II racAlute of paki promlums anc!renewal noticos.In tNe ov�nt of losg,9orrower ehail givA prompt notice ta the ._
<br /> � InNUrance cerrier end lsnder.Lsnder may moko proot of losa If n�t made promptty by�nrrower. �
<br /> Unieer Lander and Borrower otherwise ayree In weit!i�,I�suranae proceada shall be applled to restoratton or repalr ' �p
<br /> .,� 00 the Nroperty dama�ed,II the restaratlon or repalr lu oconvm!cally toeslbla and Lender's security Io not lessened.If the �'�.'
<br /> , "'�`� �, ratoratlon or repalr le not economically teaalble ar l.ond�+r'�cocuriry would be lessened,the Insurance proceeds shall . ..
<br /> 1�bpp111d to tho eums eeeured by thla Seeurfty Instniment,whether or not thAn due,wlth any excesa pald to Born�wer.
<br /> II 8orrower abmrxions tho Pro�erty,or doea not snawer wfthln 30 days a notice from Lendor that the InAUrrinao canlor �, . , .; �_,�'
<br /> � 1►a�ott�t6d to eelil��clalm,then Lander may co(loct tho In�urance proceede. Lender may use the proceecfa to rapalr � :, : -*..��
<br /> or ndw�tha PropeRy or to pey eums sacurecl by thla 5ecurfty Inat�ument,whether o�not then due.The 30�da ricaci `•��'�1".'
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<br /> I wNl t�epin when the notice Is Qiven. ... ��. .��-��-___ _
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<br /> Unlot�Lond�r and Borrow+�er othenr.4se sqroe In writing,any application of proceeds to princlpal shalt not extond or ..,a.�.� =�-
<br /> pss�tpone tM due date of the monthly�aymeni�ra terr o d to In paragra hs 1 an d 2 or chan ge the amount of the �"~f''�•=
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<br /> � p�ym�nt�. If undor peirepraph 214he Properry irt acqulred by Lender,�orrower's rlght to any Insurance policles and �_�=:�_
<br /> prqaoed�resWtinp from dema�e ta the Pro�erty prlor to the acqulsttlon shall pass to Lender to the extent of the sums T __�
<br /> e�ur�f t�y thl�Sraurky Instruer.ent Emmed�ate{y prlos to the ar,qulsltlon.
<br /> �.Qao�p�noy,Pnswv�tlon,M�I�M�nan4��nd P�otecRinn oi 9he P�oparty;�Borrawor's Loan Applicaitlon; �"�"--
<br /> ` I.MNhO�d�. Bortower eFuUl occu�y,establish,snd use tha Property as�orrower s princlpal rosldence wfthin sixty days � ''"�`"'-
<br /> �R�r th��xecuilon of 4hls Securfry Inatrumer�t m�r!shall cantinue to occupy the Property ss Borrower's principal �;.��r;`��-
<br /> rNld��fa�t INtt one yuar afttr the date ot occupanay,unlesa Lende►otherwise agrees in wrfting,whlch consent
<br /> � oh�ll thot be unre��tbtbiy wfthheld,ot unleas extenuatln�clrcumstances exist whlch sro beyond Borrower's control. �,,,..��•_____ _
<br /> Borrow�r�II not d�r�troy,demeqe or Impelr tlie Property,al!ow the Property ta deterlorate,or commit waste on the -
<br /> P►op�tty.8cx�ow�r th�ll bu In deteuit M any forfeitu�e ectlon or proceeding,whether chrll or criminal,is begun that In
<br /> L�rx�K'��ood t�lth�udpment could rasuit ln tortefture ot the Property or otherwlse materl�lly Impalr the Ilen created by - --
<br /> thl�E3aourltY In�lrum�M or Lendor's securfty Interest.Barrower may cure such a defauit ar►ri roinstate,as provkled fn --
<br /> � pirA�ph�6,by cauelny the�ctlon or proceeding to be tflsmlesed wfth a rullnp that,In Lender's good taith
<br /> dM�rmlr�tlwL q►rClud�e forfeRure d tha Borrower's Interest In 4hA Peoperty or other materlal Impalrment of the Ilon
<br /> nr..�.rf hu Ihl.l4.cu►ftq InstrumeM or Lender'e aecurity Interest.Bo►rower ehall also be In defauit H BoRUwer,during the � =
<br /> � loin opplic�tfon procote.Qev�nude�inlly telse or Inaccurate intormatlon or etatemonta to t.ender(or taNe�to provdcie
<br /> Lrttd�r with�ny m�tetl�l I�o►matlon)In connection wfth the loan evidenaed by the Noto,fncluciing,but not Ilmfted to, _
<br /> npnsmtwtlorn concaminp Bonower'e occu ncy of the Properry ae a principsl realdence.if thls Securtty Instrument ta
<br /> on�IM��hold,Borrow�r eheil comply wlth I the pravislans of the leaea. If BoROwer acqulres toe tftie to the Property,
<br /> � llt�IN/Mtold�rxi ths fN tlNe she;l not meripe unlese�Lender agroas to the merger in wrfting.
<br /> '/,prohollon o11.�ndK'�Rpht�in th�Prop�rty. If Barr�wor tulig to perform the covenf►nts and agreements
<br />_ - . conhMwd In thls 8�wky Inttrurr�nt,or 4here Is a lepal proceetfing that may signHicantly aitect Lender's�ights In the
<br /> �. ;, p�opstty(wCh���prx�Jl�Ir�benkruptcy,proba4e,tor condomnatlon or forfe�ituro or to entQ�ce lawa or
<br /> '�.,.,,., ,. r tlon�),th�n L�rxler meY do and pay for whatever Is recessa►y to protect the value of the Prape�y and Lender's ��
<br /> '. , . r to In t1a PropNty.L�ndar s ectlone may Include payln�any euma secured by a Ilon which has prio tr ty over thls Y
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<br /> � 8ocurky In�trummt,sppMring In couR,paylny reasonabte gttomoys'teea and ernerinp on tho Properry to make _
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