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<br /> — periaix that I.ender rcyuircr. The insurwue curtler providin�the inaurwnce shall be chosen by Borrower�ubject to L�er�derti
<br /> �pprc�vol which Rhnll not be unrewx►nably withhcld. If Barrower fails to maintain coverage desc�ibed above.i.endcr may.nt
<br /> Lenderk option,obtain cavernge to protect Lender'K rights In the Pm�erty in accordana wUh psvograph 7.
<br /> Ali in+,urunce policiex und rcnewAls shall be Acceptabie tu Lender und shull include u slundord mongege cleuse. Lender
<br /> • Rhall have the right to hold�hc�liciea and►eruw�ls. If Lender requi�ca,Borrawer shdl promptly givc to Lender all roceipts
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<br /> �.,,�,;.°- of paid premiums and�newal nodcex. In�he event of loss.Burmwer shall�ive prompt notico to tha incurance cwrkr�nd
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<br /> Lender. Le�uler mAy mnke proof of loss if not made promNtly by Hurruwer.
<br /> " ' � . Unless I.ender and Bc►rtawer othervvl�o ngree in writing,inxurance praceeda shell be epplied to�estoration or repair of
<br /> thePrope rty damnged, if�he restaration ar repair ia ecanomicAlly feasible unJ Lender4 secu�ity ls nat lessened. If the
<br /> restarntion or rcpair is nat ecanomically feuxiblo or Lender'x secudty would be lescened, tho insurance p�ds uhAll be
<br /> "�"'" - applied to the sums secured by Ihis Secu�ity Instrument,whelher ar na then due.with eny excess pnid to Borrower. lf
<br /> -- _ �_ Ba�rower uMandons the Property,or daev not anawer within 30 days a notice from Lender that the inaurance caRier has
<br /> ____ - °-T=��+�r�� offered to setde u claim,then Lender may collect the insurunce proceeds. Lender may use the proceeds to repair or�+eswre
<br />—�'���•--�x4: ,� Ihe Propeny or to pny euma secured by thi9 Securiry Instn�ment,whether or not then dne. The 3U-day period wlll begln when
<br /> •��'u��� the notice is given.
<br /> - � �.�� Unless Lender and Borrower otherwise ogree in writing,uny applicatian of proceeds tn principal shnll not extend or
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<br /> � postpone the due dsite of�he monthly paymenta refeired to in purog�aphx 1 �nd 2 or change the amount of the payments. If
<br /> J��'�: undcr paragruph 21 the Property is acquired by Lender,BorrowerR right to utiy insursince policies and proceeds rcsulting
<br /> p�p '`'"$� from damage tfl the Property prior to�he ucquiaition shall pass to L.ender to the exteM of the sums suuad bv this Securiry
<br /> +�a�f +Y.'`•':' �d� �
<br /> ?�^ �„•�;,;-� Inatrument immediately pdor to the acquisliion.
<br /> -._�''� F.- '•'�;::.�=:�.,;,, 6. Oecupancy, Preservelton. Malntenwnce And Protectton nt the Property; Borrower's Loan Appllc�rtion;
<br /> '�,,,.� "''� l.easeholda Borrower shall occupy,estublish,and ure the Propeny a�Borrower+s principal reqidence wi�hin sixty duys after
<br /> ��'"�r:�•��� � the executlon of this Securfty InAtrument and xholl continue to occupy the Property+s Borrower§principal residence for at _
<br /> ' ,.�; � • least one yenr nfter the dute of' occuponcy, unless Lender othenvir,e Agrees in writing, which consent shell not be
<br /> - `"=''=-"_—•=-�°=•--__= unreasonobly withhCW,u��unless extenuatmg circumstunces exist which urc l►eyond Borrower's contml. Rortnwer shall not _
<br />" .' . . �"��'�*'�'' destroy,damage or impAir the Property, nllow�he PrapeAy to detedomte,or commit waste on the Property. Borrower ahall
<br /> , . ..� be in default if any forfeiture action or praceeding.whether civil or criminal,is begw thet in Lender's good faith judgment
<br /> • `�� . "> could rcsult in forfeiwre af the Property or otherwise mureriully impuir the lien created by this Security Insaument or
<br /> e . " • • ;l:, Lenders secu�ity intereat. Borrower muy cure such u defuult und reinstute,us provided in purngmph 1 S,by ceusing the action
<br /> q,. , - � , " or proceeding to be diamissed with a ruling thot,in Lender K good faith detertnination,precludes forfeiture of the Borrower's
<br />- � interest in 1he Piroperty or othcr material impairnnent of the lien created by this Securily Instrument or Lender'�security
<br /> �c " � interest. Borrower shAll ulso be in default if Borrower, during the loon s�pplication process, guve muterially false or
<br />;� � ;�„��;,;..;,,•: -� inaccumte information or statements to Lender(or foiled to provide Lender wi�h ony material information)in connection wlth
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