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<br /> � 5.HazaM or Prnp�ty Insurauae. Boaowet st�all keep ihe impmvemeats now existiag or hec�eaftri esected oa the Pcopecty `t ' .
<br />, � :.': ms�ued against ios4 by f�.6�ards mcluded wuhin the tetm "extended coveaage and auy other ha�d.�.inclading Qoods or . �
<br /> � flaodinS,fmr which Leuder cequaes ms�ance.'Ibis msuiance shall be maintained iri the amounts and for t!�periods tLaL Lender , . .
<br /> _ . � � � �equires.'tlie insuiance c�ui�providimg the insu�ance s6all be dwsen by Boirower subject tn Lacder's approval wlucb shaall not� •
<br /> . = -t-:�,-� be imreasonably whhheld. If Bmmwer fa�s to mau►tam cove�age desc�ed above,I.eader may. at Leader's opiion, obmin�p .
<br />- -- -_-- w-' oov�age tn pm�ect Iraida's rights in the Property m as:cordance witt►paiag�tph 7. j __ - -� _
<br /> • All ins�ance poficies aad reaesvals sbaU be acoeptable w Lender and shall include a staadard mortgage ctanse.I.end�sdaD� ,
<br />� , . . _ have the right w hold We policie,s and reuewals.If Lender iequires.Horrawea shall P�mP�Y�'e oo Leadea aTl receapu of paid� ` , , .�' .`. �
<br /> ' ,; p�emiums and�eaewai norices.In the evwt of Ioss.Bormwea shall give pmmpt notice w the instuance canier and I.ender.Lender� �� ' _ . ,
<br /> _ . may make pmof of toss if noi made psomptiy by Boaower. Ir ' - ,. 7'
<br /> Un2ess I�nded and Bamow�ath�rise agree in writ�g,msu�amce Pcaceeds shall be applied tn resmrarion or repanr of the� ,''`
<br /> ' Pmperty damaged,if the�nn or repair is eoonomicaIIy fe.as�Ie and Lender's security is not Iessened.If the resta:anion or�1 1 � �.•-,:.=�
<br /> : . . .. �is not eoonomic�Dy fea�te or Le�der's sea�ity woWd be le.sseued.the msiaance pmcceds shall be applied to the sums . - - ,
<br /> . , s� b tbis Seauity Insu�ment,whether or aot then due, with any excess p�d t�Borrower. If Bom�wer abandons the � �Y.�.;�.,`�
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<br /> • _ Fiope�ty,or dces aot answer withm 30 days a notice from Ieader that the msmance cac�ier has offeied to settte a claim,tde.a � ;;�;�
<br /> z Lendea may collect the�sar�ce p:aceEds.Leader may ase ihe gmceeds to repau or reswre ihe Propary or m pay surns sec�ued
<br /> ' � . ` by t6is Seauity tnsbrum�t,whethea or not theai dne.The 30-day peaiad w�71 begin whea�the notice is givea. • --
<br /> . ' . ' ` i UNcss Lendea and Boaow�otheiwise agree io writm�,any apptic�rion of proceeds to priacipal shall aot extend or postpoae � � '
<br /> � � � the dae date of the uwnt6iy payments refeaed m iu paragraphs 1 and 2 or cLange the amom►t of ttt�paymeats.If undea paza�}apb �`
<br /> . . � an • ' �__ -
<br /> .' 21 the Ptaperly is acqtured by Lender,Bomuwet's ri�bt W aay m4mance golicies and pmceeds resvlting from damage to the ''�� ,"';
<br /> . �:�,; � .� �P�Y P��the acq�isitian shaII pa�w Leader to the extent of tLe sums sec�ed by this Sectuiry Iasaunnmt�ae�ately _ `i`�:�
<br /> ` � prior ta dte acquisi6on. . �a
<br /> ' , 6.Occapa¢cy.Preservation,Maintenaace and Protection of the Properzy; Barrower's Laan AppW�tion,Leaseholds. �'°� :
<br /> ; : � �;� Hosmwea sdall/�/y�}� ,establisG,and use the Progerty as Basrowet's grittcip3t res�dence within sn�ty+days aftrs the execution of - 4 `.=��
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<br /> ,. . this Secaulty Inspnunent and s4all contmuc tn osxapy the Propeny as Bomow�'s principal residence far ai least oae year after the � `�:�_.
<br /> .- `. , datc of accapancy. unless Lender oth�wise agrees in writing, wdicd consmt shaII not be ua�.sonably withheld, or anless , . -.��;
<br /> '` ' . exteanating cacnmstances e�sist whicb are beyond Bosower's conuoL Boaower shall not d� e os the . Y=��.''
<br /> Y,daa�a8 imPair Pmpeaty+, : : _ • ;,�_�,_
<br /> silow the Ym W deteaioiate. or commit waste on the Banower shall be in defanit if an forfeidse acxion or " .�..J•. '%�;�
<br /> . P�Y �P�Y• y i���_.
<br /> .. � proceeding,whether civ7 or c�minal.Ls beg�m tbat in Le,nder's gaod f�tb jadgment c�n2d�.snit ia fadeinae of the Pmpe.rt�r or ''�. ` . ,-;��,�,,
<br /> - - o7bexwise amiexiaiiy i�pair tit�lie�crzatcd by tLLs Sec�aity I��t or Lend�'s set�iry int�Borrowea ma�y cat�e snch a _- �-_----
<br /> - . � ' defauIt and reins►ate.as provided 'm paragrapb 18,by ca�ing the acdon or pmceed'a�g to 6e a*Q*+�;�witb a ruliag t6at,in . ,- ���
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<br /> " . I.euder's gaad faith¢eter+ninauon,precludes forfeiaue of the Borrower's int�est m the Pmperty or othe,r material imDaicment of , ,�r
<br /> ' . . the lien created by this Secority Inswmenc or LEnder's security intes�st.Barrawer�dall also 6e in defaWt if Borrower.during the ,. '`.::�r.'
<br /> . : toan applicanwn gmces.�.give materially false or inaGanarc inforination or srarements w L�eadea{or fa�7ed w provlde I.endec wit6 � � :"'°.;'_'�
<br /> � . any marelial info�on) in connectioa with Lhe loan evidenced by the Note,including,bat not timited to, represen�tiona �;:;;��..
<br /> • conceaanmg Borrnwer's ac�upancy of the Pmperty as a principal msldence.If this Securiry Insbrumea�t is on a teaseliold,Barmwer �:�. .•-:�r�-'-
<br /> . shaU comply whh all the provisions oi the lease.If Borrowa acquires fee dde W ihe Prope.rt�+.the IeasehoW and the fee 6tle shaU , . , . ;;:�'�R:
<br /> . not rnerge untess Lendea agees w the merga in ariting. .�-;�
<br /> � 7.Protecfioa o9 Lendes's Rigbts in the Prayeriy. If Bormwea fails ro gert'orm the covenants and agceements contatned in ;� ��:
<br /> , , this Security Instrumea�t,or theae is a te8�P�'S thai may si�canfly affect Lca►da's rights in the ProPery+(such as a � �,'T`_�'
<br /> .� proceeding in banlwptcyr,probate,for candemnation or forfeiaue or w enfone laws or regulatfons),tha�Lendea may do and pay ` � `�_'
<br /> � • � far whatever is netessary w protect the value`of the Property and Lender's righb in the Propeaty.E.ender's actions may mcIade � `��. .
<br /> . • . � paying any sums sec�ued by a lien wluch has priority ovet this Se�urity InsCnment, aPP�B in wurt.FaYmB reasonai�2e • ' • �
<br />_. . � auomeys' fees amd entering on the Property to make repairs.Althoagh Lender may taYe action uad�this paragraph T.Leaided . �`� ..°.:°.
<br /> � ' dces not have tn do so. . � ' :
<br /> My amounts disbwsed by Lender under this paia�aph 7 shall become addi6onal debt of Borrower secured by this Secnriry � � �
<br /> � �. Instrameal.Unless Boirower aad L.ender a�ce w oth�tenns of payment,tIIaese amounts shaU bear interest from the dat�of . .
<br /> � � . disbursement at the Note zate and shall be payable,with interest,upon noace tmm Lender to Bomnwer requesp.ng paymenG �• �.
<br /> . . • S.1Vlortgage Iasurence. If Lender required mortgage insu:ance a9 a condidon of mat�ng the toan sec�ued by this Security
<br /> .:;. , lnstrwn�t, Barower shaU pay the premiams required to maintain ihe mortgage insurance in effeck If, for any reason,the - , . ..
<br /> - � mortgage insurarcce coverage mquired by Lender lapses or ccasrs tn be in effect,Borrower sha11 pay the premiums required to . . � � -. �
<br /> � obtair►coverage substanti�alty eqnivatent to ihe mor¢gagc insurancc prcvlously in effect.at a cost substantial7y equivalent w the . . � �
<br /> •. cost w Boaower of the mortgage insivance previously in effect,from an altemate mortgage insvrer approved by L.end�. If �
<br /> , substantially equivalent mortgagc insurance caverage is not available,B�rruwer shall pay to Lender cach month a sum equal W � "
<br /> ' � • ; on�twclfth of the yearly mongage insurance premium being yaid by Borrowe�when the insurance wverage tapsed or ceased w �'� � '
<br /> � . � be in effect. Lender will accept, vse and retain ihese payments as a loss resenre in lieu of mortgage insurance.Loss reserve . •
<br /> •�.
<br /> � ' Form 3028 9190
<br /> • � �-8R(NE)�ox�2�.o� aagoao�s inwais: � : .. .
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