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<br /> � . . . _---�--- -. . 97_ �OQ�1�3 �`� . .� �° --
<br /> ' �� 5.Hazsrd or Pro�erty�oraace. Hairovrer shall keee�the improvr,�rtesus rtaw existing or tsereafter erected on the Pco�enY ! � .� . : �; u �-
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<br /> i n s�a g a i a s t I o s s b y f u e.h a z a r d s i n c t u d e d w i t h i n t h�t e�m "ext.^,nded cov r r a�e"and an y o�er haTards. inctudiag Qoods or f .
<br /> ttoodin8,far wlrich L,ender reguires insuiance.'Ihic ins�uanse shall be maintained in the amouncs and for tDe pesiods thas Leader � � , . . -
<br /> requses.TLe insaranse caroier provi�ig the is�uauce�all be chosea by�onower subject to L�nder's approval w6ic6 shall not ! . , . . . _.
<br />• be �nahly wittdc�ld if Bos�wea fails tn maintain toverage descn'bed a�ove. Lcader may. at I.enda's option. oDtaiu ;� ,-� -.
<br /> wverage tn protect I.er�er's righu in she Prop�aty in aocordance with pzragraph 7. ; ,. . ,
<br /> . .; AIl insurance palicies and renewals sl�all be soceptable to Lender and sliap include a staudard mortgage clause.L,euder shall �
<br /> � �� dave the right tn hoid the pol:cies and reuewats. If l.ender requires.Bano�ver shall PmmPdY give w�d�all receigts of paid �-� -:---�—---� _
<br /> � premiums and renewal norice.4.1n the eveat of loss,Borro�ver shall give prompt aarice to ihe insivrance caaier aad Lender.Lender . ` ,
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<br /> ; may make pmof of loss if not made promptly by Borrower. . ,:°. , ' __
<br /> � �� Unless I.eader and Haaower otherwise agzee in writing,insivaace pioceeds shali be apptie�ro reswtarion or repair of the , ' ` �'
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<br /> � � �P�Y�a8ed,if the mstflratioa or reFair is eoonomically feasible and L.euder's secucity is not lesseued.1f die restniation or .•. ;`#
<br /> rep�i:,n.ot economically feasible or L,eadds se�auiry would ba lesseaed,We insutance pmceeds sl�all be applied tn the sums ;' �,�;;`:;,,
<br /> s�w-��dris Security Instiumeut, whethea os not thea du2.a�rith any eaccess pai�m Batrower. 1f Borrower ab�dons the - �;rr���.
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<br /> r.��not answea arithin 30 days a nauce from I.eud�r that the insuaanr�c�ier ha�offered ro seitle a claim,t?aen . : �,•"---
<br /> . �� �Ce ... �
<br /> Lc�r'.�.:�;�i�ct the insuiance pmceeds.I.ender may�a the proceeds ro repair ar resmte the Frope�ty or tn pay sums�ecuted ` , ,�. ' "°-�`""�
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<br /> h2�Secanrity Instrume�t,w6�th�r or not thea dna'the 30-day periad w�l begin whcn the nodoe is given �, .; ,-;- -
<br /> �iatess Lendea and Bonower otherwise agree m writin8.�Y$PP�af pracee�s to principal shall not extend or posq�one �, ., °,.���.�
<br /> the 3ue date of the monthly paym�ts referied to in paragiaPhs 1 and 2 or change the amonnt of t�e paymeats.If unda pazagiaph � '': : - ___
<br /> 21 the Pno�erty is a�quuetl by Lendur,Barmwa's right to any msuianoe policics and pra�resuldng from damage oo the � '�� ��:;.:.;�
<br /> ' ��`f'�Y Prior to the acquisition sdall pass tn Leada tn the extent of the stimos seaned by this Security InsIIVment immediately . � ': --- _
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<br /> �:�' �to tke acqtrisirion. - :--.�-.--'-_y..�;�_.=-
<br /> �b.Occnpancy.Preservatiaa,Ma�ntenanae aad Protection o!the Properly; BaPrt�ower's I.Qan Applicat�oa;Lestsehottis. „�-
<br /> Ew�-�wer shall occupy,establish,and ase the Propercy as Bormwer's principal resdeffice with��ny days afta the executioa of �,.;�
<br />. this SecaIIil}r Inswmeat and shall conrmue to occapy the Property as Barmwer's grincipat residence f�nr at teast ane year a8er the , � `.��'-
<br /> date of oa�ancy, unless Leader othawise agrees in aritmg, whicb coaSenL shall not be tuueasonably wiihheld.or nnless .�-
<br /> . e�oariug ci�.vms�nces e�tiat vuhich are beyond Bonowe�s controL Bnrrower shall uat desuoy, e or im tdie Piro '�"_ ., .
<br /> .�; �8 P� P�+• •-y-� :���' � .
<br /> �i'i�w the ProPe�tY tn deteaiatate,or comaut wasts oa the Properly. Boaower sha� �e in default if any forfeiwre x�tion or � .:,
<br /> � �ceed'mg,wheth�civil or atminal.is hegun thas fr►Lr�der's gaod faith judgmwt coutd r�ilt in farfeit�e of the piopeaty oi . .. � `
<br />. ,:, otherwise mat�ially unpaff the lien crea�L^•�this Security Instrumea�t or Ir,�dea's seca�rity intereet.Bomnwer may care snc6 a �;� ;
<br /> i:-`< �efauit and ceinstate.as provided�p�u.�h 18.bY cau�n8 the nc6on or proce�ding to be dis�aisged wiilt a ruling dmi,in .
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<br /> 'j i��� ]�.�:�er's good faith determin�an,gs�FJrfeiwre of ih�Borrower's insaest in the Pmpeny or ather mtuerlal impni�nmont af _ _ . .;ati��.�
<br /> ` '�lirn created by this Seaaritg�'��:r�r:�:c�Lender's sn�ity intsresG Hormr�er shnIl aLro be in degault if�orron��r,dnrina tho � ,: �"��_;�c��,,.
<br /> �'�' a.�aa ayplication process.gave ms.�ae���F.a1�ar�zcau�infara�tiou ar statemeats w L.ender(or fa�od to grovida I.aider wittt � .,t:�
<br /> .;;' any m2�1 infamiation) in c�anz� �c:�the loan evideuced by �e Nota, inc2uding,but not limited tn, representanoa� ;.,�:,, . -Ea
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<br /> - coacernmg Borrower's ocar�ancy�f tha r-sprny av a principal resderr„�.Z£this Secauity Insuummi ir�an a Ie,ar�old.Bflnowex '�
<br /> s�l1 camply with all tbe prov��rs of th�lease.If Bormcver acquses fea�te w the Propzrty.thn leaseboId and tLe fee dde st�ll � �'�.
<br /> aat m�rge unless I.ender agre�an the me�ge�in w�idng. _ .��--:
<br />. '" .} 7.�tu�lon o�Lende�'��ts dn�3s$Prs�periy. If Ba�ro�ver fa-.'���ca���e:ovenanis and agreem�ts oontained in � ° ��,�..
<br /> .. this SecuritY lnstrume�t,or th.�is a t�,��oeeding that may sigmffs.antty affect�c.��dePs�ighta in the PrQp�ty fsuch av a � -
<br /> P�8��P�N•D��e.far ce�►flc�ation or forfeiUUe or to ea�force laws or reg�a:I�,t�I.ender may do and pay � +�� ����
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<br /> � €�r w6arev�is nccessary w�at�et the��r2ne of the Prupeaty and Lpudar's rights in the Pmpe�r�f.Lr�i3er's actiaos aoay inctnde �`�-
<br /> . �¢ymE any smns secaued by a �en wttir� has priority ov�this SEauity In.gtramenL ePP�IDB n �uL I:�IY.i�,masonabte _ _ ._-�,
<br /> -�� .. attomeys' fees aad eutaing aa the A�np�€y ro maYe repair�.Aitkeugh L�der may�ke action andsr tdis p�raF�i'x 7,I+e�dQ , `_-
<br /> . does not bave to do so. r ...... ...
<br /> .,.� Any amwmts disbmsed by Lender un8er thi�patagrapb 7 sdall became additional debt of Bmm.�r secuced by this Secv¢ity . —____ �-
<br /> ; lnsoruma►t Unless Boaotivc-s�d Ie�dea agee to ather terms of payu►ent,these emaunts sLafl fs�su�terest fram the dare of "�"'��"`"�.:...;`;-
<br /> � d'sbmscmeat at the Note ra��shall he payable.wrtb inteaest,apon notioe from Leader w Eomaw��qaes�8�aYQ►ent � � •. � � . �
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<br /> ' S.Mo�tgage�s�aae�. U Lea�der requireQ mortgage insusace as a condition of maicing tke 1�sec�ue�by this Secin�iry _
<br /> Insuameut,Bmmwei st,all pay the premiums required ro maintain the mort�ge insurance in ci��t If,far any reason. the '
<br /> mortg$ge wsivance covaage reqaired by Lendei lapses ar ccases w be In e�'ect,Bnrmwer shall Fay the premiums requhed w �.-,;-�,
<br /> ` ebmin aovcrage su6stantially eqaivate�t ta the mortgage insurance previously in effect,at a cost su6slantially equivale�t to ihe �; .,3'�?��r:..
<br /> o�to Barrower of the m���urauance previousEy ia effeq.from an alt�mate moitgage ins�uea appmved hy l.eader.If ,�. , :`.
<br /> S �-tanrially equivale�ct ma��iannance wvaaga is aot availabk.Banower shall pay to Lender each manth a svm eqoal to - _�-_,,;�:�;�"�•-
<br /> _`.;��';f' on�twe]f16 of th�ye�rty ma�t�g�iru�uance promium being paid by Bame�cr whea the insurance coverage lapsed oz ceased w �::z� '� '',.. .,
<br /> '.� 6e ln effea.I.eadES anll accep�nse and c�ttnn those payments as a toss re�cve in lien of raangage instuance.Losa res�e ' ;�'
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