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<br /> _� , 92-
<br /> - --- - - S. Haz�rd or P�xiiy Wcurauce. Burrower alwli kcep the impravertKnt�now e�d�dnQ or her�after ct�ectal on the
<br /> Property iawred a�aioct loss by flrc. Iu�N� includod within tho term "ezteoded coven�e"�nd�ny otlbr hs�urda,Lralu4�y
<br /> floods or flaading,for wMch Lender requires insurance.This insuratxx shall bo malntuined in tha amounts ond for Ihe per�ad�
<br /> thut l.ender requires. Thu insurance csurier providing the insuronce shall be chosen by Barrower subjoci to Lender's approvpl
<br /> which shull nat be unreasonubly wlthhcld. If tiorrowcr fuils to maint�in coverage described abova, Lender rnay.u L�enda�'�
<br /> option,obtain covera�e tu pmtxt L.ender's rlghts in the Property in accordance wilh parngrnph 7.
<br /> �_____._=,-- __� All insurw�ce pnlicies and renewds siwll be accoptable to Lender and ahall iaciude A stru�dand mortgage clwta. t.a�dd'
<br /> shall iwve thG right to hold the policles and rcnowuls. If l.endcr requires,Borrower shell promptly give to l.ender all reoeipu of
<br /> �-� paid premiums and renewal notices. In�he event af lo.ss�Dorrower chall Qive prompt notice to the inwanoa canier�a�cl i.aider. °
<br /> t.er�der may melce praof of loss if not made prompdy by Borrower.
<br /> Unle.s.s I.ender and Sorrower othcrwlse agree in wdting.lnsurance praoeeda shall bc applied to rcswration or�epair of the
<br /> _ Praperty demegad,if the nwtoration or repair is cxonomicblly feasible and Lender's socurity is aot les.genod.If tho t+atoration or
<br /> __,_ ____ rep�ir is not economically feasible or Lender's secudty would be les�enod.the insu�ance procads slwll be Applied to the wtru
<br /> socured by this Security Insuument. whether or not then due, with any eacess paid to 8arrower. If Bomawer ab�ndom tha
<br /> _ Propeny�or dces not unswer within 30 days a notice from i.ender that the insurance carrier has offered w settle a claim,tlxn
<br /> — Lender tnAy collect the insurance procoada. l.ender may use the proceats to r�epafr or restore the PropeRy or w pay wats
<br /> �� serurcd by this Security Instniment.whether or not then due.The 30-day pedod will begin when the notice i�given. �
<br /> — Unlesa I.ender and Borrower otherwfse agres in w�iting, any application af proceeds to pcincipal ehall not exte�d or
<br /> postpone thc due date of the monthly payments rafcrred to in paragraphs 1 und 2 or chenge the amount of the p�ymenta. If
<br /> -_- --- ------� uiber paragraph 21 the Property is ucquired by i.ender. Borrower's r�ght to any insurance policles wul p�ncads�esulting froue
<br /> �--�-•��-��-� demage to the Property prior to tbe acquir�idon shall pass to I.ender to tho extent of the surna securod by this Seturity Instrua�ent
<br /> � ���� immediutely pdor to the acquiRition.
<br />-__=y����, 5.Q'CCiiI��Yr P�it6Eii�dllull�i�ZBIUtiNWliaf dii3 Pi'fitfCZI01i 6t Z�iC PI'Oj3ti'��;SO!!'OtYCl�S LO:!!!A�ICII�4II�L��al�.
<br /> _ _. Horrawer ahall occupy,estal�lish.end use �he Propeny as Borrower's principal resideacc within siary days after the caocution of
<br /> :�,�;;�F��.N� this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year After
<br /> --___--- the date of occupancy.unless L.ender o�henvise agrees in w�iting. which wnsent shell not be unreasonably withheld,or unless
<br /> - extenuuting circumstances exist which are beyond Borrower's control. Bonower shall not destroy. damage or impair the
<br /> -=,�'��'� Properry. ullow the Property to deterioratc, or cammit wastc on the Property. Borrower shell be in default if any forfeituro
<br /> - action or proceeding, whether civil or criminal, is begun that in Lender's good faith judgment cauld result in forfefture of the
<br /> � Prc►perry or otherwise muterially impair the lien created by this Security Instrument or I.ender's security interest. Horrower may
<br /> — ����C Sl�ril A�I!'TAUIt flll�tC�115t8IC, es provided in paragraph !8.by ceusing the action or prncetding to be dlsmisstd with a nrldng
<br /> ��'"Y
<br /> :�• �,;;; that, in I.ender's gaad faith determination, precludes forfeiture of thc Borrower's inter�est in the Property or other material
<br /> .:i�;i�,r'>�•���'�b�• , impairment of the lien creutod by this Security Instrument or L.ender's security interest. Borrower shall elso be in default if
<br /> "'—' �'''�-•�'�{�,� Borrower,dudng the lonn applicaiion process. gave materially false or inaccurate inforniation or statements to I.ender(or failed
<br /> -�'�'�-''^��`-�° � to provide l.ender with uny material infornwtion)in connection with the loan evidenced by the Note. including,but nat limited
<br /> �:.:,�,.,;;��:.� '
<br /> :� to,representations concerning Borrower's occupuncy af the Praperty as a principal residence. If this Security Instrument is on a
<br /> -_-�" '�•," leasehold, Borrower shall camply with all the provisions of the lepse. If p.�►rrower acquires fee title to the Property, the
<br /> ,;�,..._�,y. "� le,asehold and the fee title shall not merge uoless Lender ugrees to the merger in writing.
<br /> xs 7.Proteetlon of I.ender's Ri�hts In the Property.If Borrower fails to perform the covenants and Agreements contained in
<br /> ,,,�.,�;�,,..� i this Socurity Instrument, or �herc is u k�al proceeding thut may signiflcuntly affect Lender's rlghts in the Property(such as a
<br /> .������. : ,.;,
<br /> .�,�j.. _ � procceding in bankruptcy. probute, forco�xlemnatian ur forfeiwre or to enforce luws or regulutions), then l.ender may do and
<br /> ,�,}; ° � I pay for whutever is necessary to pr�tect the vulue of the Property and L.endcr's rights in the Property. Lcnder's actions may
<br />--' �-�"�� � include paying ar�y sums sccureJ by u lien which hus priority nver this Security Instrument, appearing in wurt, paying
<br /> •� ��` �° ' ' reazonable attomeys' fees and entering on the Pmperty to muke repairs. Although Lender may takc uction under this paragtaph
<br /> �� .. .
<br />_.__�. . '`':rfl.�.-�' . 7.I,ender dces not have to do so.
<br /> Y"'�"� Any amounts disbursed by Lender under this pArugrs►ph 7 zhall become udditi�nul debt of Borrawer secured by this
<br /> __�.�•:'H f:�.'Of:'0�5�
<br /> - �o�;;�•�'•%•��• �r r.� Security Inatrument. Unless Borrower und[.,�:ndcr ugrec to other tcrms of p•ryment,thesc umounts shull bear interest from the
<br /> :�r. ...._�. " ••' ° dote of disbursement at the Note ratc and shall he payablc, with interest, upon notice from Lender to Borrower tequesting
<br /> ,�,,,�:d�=.
<br /> ' �-��� payment.
<br /> v.. .��:-:. ' 8.Mort
<br />�:�,. �.�� Rage Insurpnee.lf Lender rcyuir��l monga�CC insurunce as u condition uf making�he lonn secured by this Security
<br /> —�'^^ lnstrument, Borrower shull pay tht: prcmiums myuin�l to maintain the monguge inxurance in effect. If, for uny reuson, the
<br /> '°�` •��t��� � mongage insurnnce coverage required by I.ender lupK,or rwscs to bc in effcct, Burrowcr shull pay the premiums required to
<br /> � , obtnin coverage substantiully equivulent to dx: mongage insuruncc previuusly in effi,�ct, u�u rost �ubsts►ntiully eyuiv�lent to the
<br /> �..., .�• ,,b;,r...:
<br />. � ...,.,, .-. .. cost to Borcower of the mortga�e insurance previously in eff'ect, from un alternate mortguge insurer upproved by Lender. If
<br /> ��- '"?""'��'` , substnntially equivnlent mortguge insurnnce cover;�ge is ix�t avuiluble. Burruwer,hall pay ai L.ender euch month a yum eyual to _
<br /> f_,a:_�_- one-twelRh of Ihc ycarly mortgage insuranre premium Ixing paid by Burrow•cr whcn Ihr intiuruiwc cuvcruge lapuxl or cr.used to _
<br /> °•F be in effect. L.ender will accept,uu�nJ r�wii�theac payments as u loss rescrve in lieu oi' mortgAge insurance. Lnss re�erve
<br /> n.. , o Form 3028 918Q �
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