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<br />_ � - 5.�da�ard or Firop�ty���� Batmwear sLall kcep the imFmvement�now c�ristiag ar h n e�P�Y . . , .
<br /> ` ` " ` ms�ued against Z+oss by fue,6�ds incIuded witlun the texm"exte�ded oavaage°aad any other harards.including Qoods ar
<br />- ' 800diag,far which Leuder re�uires iUS�u�ce.'lt�is iacmance shall 6e maz�ed in the amouats and for the periads that Leuder . . . .
<br />--. . !,, r0qr�ires.l�e insmaave canrier provid'mg the insuranoe s6aU be chasea by Bormwer subject W Lrnder's appmval which shall noi
<br /> be a�easoaabIy withheld. If Boaowea fa�s ro mainrain coverage dess�ed above, Leader may, at Leuder's aption, o6tain � . ',
<br />` --._-°:--`>` coveaage ta prniect Ix.nder's rights m the Ptoper[Y m accordance wab pa�aph 7. � _ -
<br /> s:-
<br /> -- ,—- --_ � AII insuianoe Polic�es and reaewals shali 6e anoeptab2e to Leader aad shall im�l�e a st�ard mortgage clause.I.endea s6all --= ,,_--- -
<br /> . have the rig�t tn hold the policies aad renewals.If Leader requires,Bosower shall PmmPdS►8ive to Irader all recei��of paid .—.: ;:�`
<br /> � • � paeuninms and reaewal notices.In the ev�t of Iass,Bormwea shaD give pmmpt nodce�n the�smanse canier and I.euder.I.euder _ �1: .�.
<br />_ .. may make gmnf of Ioss if aot made PmII►P�Y bY��'+ra ,
<br /> . ��. LTnIess Leader and Bamuwer othe�wise agree in writing,Insmance pioceeds shan 1�e aPP�d tn resror�ti+�n ar repair of dce `�_'
<br /> - � '� . . �P�Y�S'�if the restosation ar r�air is ecan�ically fea�ble and LP�dea's secauity is not lessened.If the restoratian or � -- .
<br /> � . repair is not eoonomicaliy fe�1e�I�endec's sec�ity woWd be i�.the msarance pmceeds shal!be app�ed w the smns , ,:� i:y. ,,
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<br /> secaced by th'ss Secarity Iastrumem.whethe�or uot then due, widn any excess paiQ to Banow� If Bos�owea abandcros the
<br /> . � Property.or dces not answer wit�ia 30 days a notice fmm Leacder tLat the ins�uance caaier has offered to seute a claim,then ' _ ,;.;
<br /> � � ' Lemdea may coIIect the msorance Pmceeds.L�eadex may use the proeeeds m repair ar zestore the Ropeaty+or to pay s�uns s�ad .. "('_�=,,
<br /> 1y,
<br /> iry dtis Semrity Insnument,whether ar not then due.'Ihe 30-day p�dod w�l begm when the aodce is given-
<br /> ' Unle�Lemder and Bonowea atherwise agree in writing,any agplicatina af pmceeds w prtnapal shall not extend or postpflne ..
<br /> `:s�.. • � . the due date of the moathly paymeats refared w m pa�a�aphs 1 and 2 or cLange the aiaount of the paymeants.If under P�Pb : e�_
<br /> � � � 21 the Propeacy u acquired by I.euder.Borrowa's right w aay insuzaace policies aad procceds resvlting fmm damage to the ... . �
<br /> :��, �
<br /> -- ` =s:.. prope�ty prior w ihe aci�isidon shaU pass to Lender m the extc,ut of the sams seaued by tbis Secu�iy Instrumeni immediateiy . .:'
<br /> priar tn die acqtris�on• - , . •�._-
<br /> ;'' � 6.Qecapancy.Weservatitun,Maiatenance aad ProtecNon of the Property, Barmwer's Laan Appltcation,I.easel�otd9. ::...�:_�_
<br />�;� � . . Bamower sdall oa:upy,esta6lish,and nse the Pmge�ty as Boaow�'s grirscipal residence witl�►sbcty daS►s aftea the executinn of ���
<br /> d�s SECmrity lnswme,nt aad shaII contu�ne m oaarpy the Pmpeaty as Bormwer's pmicipal re�dea�ce for at I�st one year after the �-
<br /> ��::.
<br /> . . dat�of a�p�cy.�mless L e u d e r o t herwise agrees in w r i ti n g,wl�ich wns�t shall not be unreasanably widtheld or �mless .. ._,:.:�
<br /> . . , e�aatiag ciraunstances e�ast w6ich are beyond Bormwea's coniroL Bormw�shall not desocoy,damaBe or impair t6e Propercy, ' - -
<br /> ' . aIlaw the Property to de,oeriorare.or wmmit aasts on the Pr+operty. Boirowes s6aIl be in defaWt i�any foifeiuue action or �;:��_
<br /> 's good faitb d eut coutd re.sutt in forFeiw�re of the Pmpeaty or . :,;'-�-�
<br /> .`.� : p�o�zediag,ahether civil ar esiminal.is began that m Leader Ja � ';•, i: •3'se-
<br /> ' . � othern+ise mateaiaBy imPanr the fi�cmared by this Securlty Instr�uae,nt or Lee�dea's se�atitY intaest Brnmwea may care sach a �,�,
<br /> . w be distnissed with a rWiag d�at;m ` ;`r":-:-
<br /> ,��� defautt and remstate.as F�uvided in patag�apb 18,by cans¢�g the action or pmoeeding , .
<br /> � • Lender's good fait�deteimina�on,PsecIudes forfeiwre of the Boirowea's moerest in the YmpertY or oiher mausial impaiimeat of . �''.�T-
<br /> �:. •
<br /> � • .:�� the li�areated t►Y t;us Secarity 1ns�mne�t ar Leadea's secarity interesL Baaiower shall also be in defanit if Bomnarea.during the ��s
<br /> S II1
<br /> , � ::}. �app}iqdon��ss.gave material�y faLse or inacauate infaamffiion or siatements to LEnder(or fa�led to pmvide I,eadea with .. . '�;. .r°..
<br /> ' _ .' � . � �` any material infonnation) m cwmection with the ban evidensed by the Nate,includin8>6ut not li�pited tor,�ta�Ons ,:. .. --_
<br /> - � ' wnceanmg Bormwear's occaparccy of the Praperty as a p�sipal resideace.lf this Secucity Insti'uraent is on a tease�o3d Bouower � �.. ` . . �^
<br /> �.;g<-
<br /> � . shall camply wuh aII the provis£ans of the Iease.If Bomnw�acquires fee title w the Property,the leasehotd and the fee dfle shall :;t,'. ,...-�-_
<br />" not merge unless Lender a�rees w the meager in writmg. . �`�
<br /> 7.Frotection af Lender's Rig6ts in We Properly. ff Borrower fa�7s ro pe:form the cove,na�►ts and agreements oontauied in : : • �-=
<br /> � � � this Sea�rity U►suument,or there is a tegal proceeding tLat may sigaificantty affecx L�der's rlghts io the Properiy(sach as a , _
<br /> . � pmceedmS in baNaupuy.prnbate.for condemnation or forfeiwre or w enforce laws ar re�ladons),then Lender may do and pay
<br /> ' for wharever is ne�ssary w pmtect the va2ue of the Prapeaty and Lendea's rightv in the Propeaty.Lender's actions ma��de � ; ..:. ---.
<br /> - . • Paying ar►y sums se�ured by a tien w6icfi has psiority over this S�r InsuumenL aPPe�'Q►g in court.Pa3►inS �. :
<br /> � � . . � - attnmeys' fec,s�d e�teaing on the PropertY w make rePanrs.Al�houg6 I.ender may take action under tbis paragraph 7,Learder � � ��
<br /> � - � •' does not have w do so. � , �.
<br /> `. . . � . Any amounts disbmsed by Lendea undea this paragcaph 7 shall became addidonal debt of Borrower secured by this Sewriry ..
<br />�,:_, ..
<br /> , Insorumeat Unless Borrower aad Leaider agree to other teams of Dayment,thcse amoauuts shall bear interest froru the date of
<br /> - . .. - disbursement at the Note rate and shall be payab2e.wIth interest,Won norice fcom Lender to Borrow�requesdng paYmea�t , •
<br /> . � . 8.Martgage Iasuraace. If Lender required martgage insurancc as a candi6on of making the Euan sea�red by this Security � .
<br /> . �.. ,1 Insuument,Bomower shall pay the premiwns requimd to main�n the mortgage insurance in effect If, for aay reason.the . , . .
<br /> , mortgage insurance wverage required by Lend�tapses or ccases to be in effect,Borrower shall pay the piemii�ns required w . .
<br /> � � • obtain coverage substantially equivatent to the mortgage insurance previovsly in effect.at a cost substandally equivaleart to the � �
<br /> .. cost tn Bmrower of the mortgage insur�ce previously in effect, fror�►an alteanare most�tge insurer approved by Lc,mder.I€ . .
<br /> ; ' . • , substautially equivalent mortgage insurance coverage is not available.B�wer shall pay to Lend�eacb monih a sum equal to . �
<br /> � on�t�velfih of the yeariy mortgage in�urance premlum bein8 paid by Barrower when the inswance cove,rage lapsed or ceased to
<br />`' :. . . be in effect l.eader will accept,use and retain these payments as a loss reserve in lieu of mortgage insurance.Loss resetve
<br />, - . - . Form 8028 9190
<br /> ., �-88(NE7ts2�zl.o� Papo9of9 Initiale: , �
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