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<br /> ' S.Hasud or Propaety Inauraace. Borrowcr shall keep t�o improvements now cxisting nr hereaft�r crested nn ttaa Property f- �
<br /> ° insured ag�inst loss by fire,hezuds included wlthin the term "wcttndcd c;oviceago"a�id nny oUter hazards.Lnclud(ng floods or
<br /> flooding. fa wh6ch Lendcr rcqufres ineusence.This insuranco shall b►�mainteined in thc emounts and for the puiods that Lender
<br /> requires.Tho lnsurnnco cArrier providing tha insurancc shall bc choscn by Dorrower subject ta Lcrtdcr's approvnl which aha{1 not '
<br /> . be unrci►sonAbly withhcld. If Borrowu feils to msi�stain cavuago describod abovo, Lendu may.at Lcndu's option.ot�tain ..
<br /> ' wverage to pr�ntoct I.ender'a dghts in 1he Proputy in accordanoa wi►h�Sar�gca�h 7. `
<br /> . t. All insuranco polkles and renowals st�all bo acceptable to Lender end shall include a stendard mor�gage clause.I.��nder sQ�uil "
<br /> . ;..:�, havo cho dght to hold the polkies and renewals.If Lendcr roqulres,Bamau ahap prom�tlY givo to LenAer all reccipts of paid
<br /> ��+^"'`� premiums and renewal nod�es.In ttw event of loss.Horrowu sha11 givo prompt nntIce tm ilut tnsurance carrier snd D.ea�der.I.ender '.
<br /> �'�""""`�" muy malce proof of bss if not made promptly by Honowcr. -
<br /> . Unkss Lender and Borrowcr otherwiae egc�x in wddng,insivance pcncoeds shitU hc a�lted to reswration or repair of the '�'y°
<br /> Property damaged.if the restorarion or repair ls oconomicaUy feasible and Lender's soc�uity is not lesscned.If the nstorat�on or :i:°:
<br /> '. rcpnir Is not cconomically feasibla or Lender's security would bo lessencd,thc inAUranco procaeQs shall be appliod to thu sums _
<br /> secured by this Securlty Ir.strument, whether or not then duo. with eny excess pvd W Borrower.If Bosrowar abar�dons tha �
<br /> �', Property. a does not answer witliln 30 days a notico from I�xeder @uu thu insurance r,�urier has offered w setEle a clafm, thea �'�_�,
<br /> � ' LRnder muy collect the insurance proc�als.L�da may use the procee.ds w rt�air a restore the Propaty►or w pay sums securod =
<br /> � by thin�xuriry Instrument,elh-thu ar aat then d�x.Tlte 34-cRsy gukd�vL lr��in�vtkn the ao2Ica is give-n. � ___
<br /> , � Unless Lenda and Borrower otherwise agree in wrldng.any appiication a.f pincoeds to prL�cipal shall not eatend or postpone 6,_-
<br /> U�e due daw of the monthly payments nfemed to in�aphs 1 and 2 or change the azaaunt of the paymcnts.If undr.r paregraph
<br /> 21 the Proputy is ecquired by I.eac{er.Borrower's dght w any insurance,-�licles and�s�ceeds nsuldng from dan�age to the
<br /> � � Pcnpr�tY�rrior co the acqulsiteon shaU pass to Lender to the extent of Q�e s�uns secured by ahis Se�urity Inswment isnmediatety :3-r.
<br /> ' prior to the acqiusition. ���-
<br /> 6.Oocup�tncy�Pirqervation,Maint�.nance ta+d Pmtectba of the Propertyi Bonro�ver•s l.o�n Appflcatbni lltasehMde. —
<br /> '' Borcower shall occupy.establish,and u9e ihe Roperty as Boirowu's prL�cipal residaica within st�cty days atter ttxs caocuHon ef —
<br /> thls Sec�rity Instnunent and shall continue to oecupy ths Prope�j as Borrowu's principal resWeace for at kast one yea�efter the
<br /> . ,. , dsue of occupancy. unks9 I�da otherwLse ag�+xs in writin�, whkh consent shall not be unrea5onably withbeld, a unkss �--
<br /> �. • ' oacenu�tir�g circurtisvsnces ealst which are beyond Borrowu's conuol.Bo�rower ahall not destroy�damaBo a impair the P�operty. _
<br />- .• nl�,w tM p�w�tv tn A�.tRrinrww nr rnmmit a,aarw�v, tlu•pm�v. Anrrnwe� r.lwq he in defiult if any forfeitute actlon ac
<br />.. . , a.�y .� ����. � '^ -- —' --r--• ._ _. .
<br /> • �� procoedin8,whettur civ[I or criminal,is begun ihat in Lend��r's goud faith ju��t could result in forfeIture of tho Pnnprity or __
<br />.='r'��•;: ..:. ottiawise mataially unpeir the tiae cc�eatod by this SocurIty Insirynx,nt a Le�xki's socurity interest Boaower may cucF such a
<br /> ,,,�;''�`� ' default and roinst�te� a9 provided�n paragraph 18.by causin�¢he xtjon oe pcoceeding tn me dismissed with a ruling that,in �
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<br />_:•'�;�•.,.', . Ltndei's good fa[th d�tarnlnadon,prc�cl�des farfeiwce of the Boms►wcl'e intaest in the Properdy or oUses mauxlal impai�mc�at of _
<br /> `°_'�;�,.i.... the U�en crt�tod by this SecurIty Inst�umait a Laczda's security inwes�Borrowa st�all elso be�n defiult if Borrowa.during the
<br />-"°"�s`''Yi;�� b�n�PP�'�P��Save materlaUy fe19e a inACCwate infora�ation or statements to d.ender(a faikd W pmvide L�ender wtth
<br />;���3e r°�
<br />_�_};�+;..,�• any materlal lnfamation) in connection with thc loae avider�ced by the Nou, including, but not Wnited to� repce.xnt�it3oos
<br /> �';��;,�.,. cancemfng Barmwer's occupancy of tho Propaty as a principn9 a��,xideiir.e.If tLis Security InsGtument is oa e kaselwld.Bnrrowcr _
<br />_-T:;`'?;;�•t at�ll oomply witl�all tho provi�lons of the leasa If Botrowei acc3vires fee dtle tn the Pcppeity.tl�e IescehoW and the fee ti11e shall
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<br />-��:;��?�� not merge wikss Ler�zkr�gcas w the merger in wrltiog.
<br /> ����� ; y.Prot�et�on of D.eadar'a Rta6b ie tl�e Rroperty. I�Bocrowa falls to pelfocm the coveaants tu�a�rt�cnt�contained in
<br /> _:�"�T�,"'�` ' thb Socuriry Inmument�or dxre is a teg�l proceoding�hat may sign{Cx�ndy�'oct I.enrkl's righb in tho Propaty(such a�n
<br /> __.rs..�A!•) � _
<br /> ___:;.;.;.k`�'�' pcocoedMg in b�nkruptcy.Ixobate.far concfamnation or fafaCUr�e�to enfa�co laws or regulations).�ha�LerHkr rnay do e�d pay _
<br /> _-.�_..�, for wh�teva is necessary to protxt the vWue of thc;Propa�ty Anil I.ender's rights in the Propaty.Lenckr's acti�oc�s may�lude
<br /> ---- � WYing aoy aunns exured by a lia� wf�ich hat priocity ovar this Security Jttstruma�t,appearin8 � ��+P�Y�B a�easonabb i
<br /> �-- aroomoys' fas�nd entp'ing on tho P[opetty to m�ice rq�airs.Aithough I.eixlot may tak�action nndi7 this p�ag�h 7,I.ender
<br /> - - does not have co do so. -
<br /> - A�►y amon�ts di4bursod by Lesttka under this�ph 7 s'h��l b000mo additional debt of Baruwer sxu[ed by this Security
<br /> - -- — Inwume�t UNess Bortnw�r�nd I.encler agroo to od�er tarns m�pay►nsnt,these amoi�ts st�U bear�ntaest from the dEto of
<br /> .�.�� dL�anait at tha Note rate and sl�all be PaYabkr with intatist.upa�notloe tram LenAa b Btxmwcr ra1�8 DaY�� . �
<br /> --�;�„� s.Mortga;e Ia�wnmoe. If Le�x{a roquiral Qnoctgaga insur�enoo av a oant�tion of m�lcing tt�e lo4n xcurod by thia Socurity —
<br /> _.._�,� L►suuma�t,8arowea �hall p�y tho pmmiums roquinod W mAinttin the mortgage insuracwc in ciTx� If. for aoy ccaux�. Iho _
<br /> —"''"�`'•� moctgage ina�ua�we wvaage requirod by I.enda la�es a a:a�es to bo m effect,Boaower sh�ll pay it�e pramiumv roquired to -
<br /> _ r� dNain covasga subsnntislly equiva{a�s to the mortgage ic�suwnce proviously in effect,at a cost sabsteaaally oquival;.nt to the �
<br /> _�:;r�;._ cost to B�rower of tlie moctg�ge insurence previously in eff�ct,from an alternate morcgage insu�er approved by I.eacla.If _--
<br /> _`�:;.. �;`�i�.�':'. substantiuelly oquivalent nwrtgage jnsw�n^e coverago is not availabb.Boaawu shall psy to Lmder eac3�monrh a aum equal w =
<br /> -^P>. .� '`�:' :' awtwelflh of the yearly mo�4gege insura��cc+pcemi►un bein _.
<br /> g paid by Bortowu whea the insurtmce oovaage lansed or ceased W
<br /> :',',•._ . be in effect I.stider wW oocept, u.e end nmin these payur,au as a loss rescnre in lieu af moctgege insnranoo.Ims.g r�save `�
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