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<br />� � 5. �� or p�.operqy Instta-.inte. Horrou•er �hal! keep thc improvrntent� rtuw rxisti�b or hereafter ereded �m the .__ _ - _ -___ __
<br /> • Property insured against loss by fire. harards included w•ithin [he term °extended co�•erage" �xi an3 ��ther hazards, including , ,Y`�'Ri.°
<br /> __ �..�,;�,,..�;��,G,,�-.,wD.r��...►,;rt�t Pruler reuuirec insurance. Thi�iruurance shall be maintainc�i in the amount.artd far the period+ — L ' �. ,,. _,
<br /> .., ..
<br /> that Lender requires. The insurance carrier providi�g the in�urance shall be chosen by BorruHer subjece�o +-.c,�ucr��avv=��� — _^ .
<br /> � which shall nut be unreasonably withheld. !f Borrower fails to maintain coverage descnbed above. Lxnder n�ry. at Lender'� ���:^�
<br /> . �y- .
<br /> •. .,� option.obtain coverage to protect l.ender's rights in the Property in accordance with p�raBraPh 7• , _ -
<br /> — Ali insurance policies and rene�vals shall be acceptable to Lender ar.d shall include a standard manga�e clause. Lender
<br /> '� shall have the right to hold the policies and rene�vals. If Lender requires.�orrower shall prompdy give w Lender all receipu of : _ _ _
<br /> . pai:d premiums and renewal notices. In the event of loss.Borrower shall give prompt noti��e to the i�urance c3rrier and Lender. _ __ -__•._-�...,_
<br /> • Lender may malce proof of lou if not made promptly by Borrower. . ��; ''�.��" �• •�
<br /> Unless L.ender and Burrower othenvise agree in writing. insurance procceds shall be applied to re5toration or repair of the `��\`,�,_�,��
<br /> property damaged,if the restoration or repair is economically feasible and Lender's secunty is not lessened. If the restoration or �.�r��
<br /> � repair is not ec:onomically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to[he sums �_ _x���`_F
<br /> .,� secured by this Securiry Iny-trument, whether or not then due. with any excess paid to Borrower. If Borrower abandons the _ :��; ,,�^ ,,
<br /> Property,or does not answer within 3d days�nodce from Lender that the insurance carrier has offered ro settle a claim.then �, ,,,• _
<br /> Lender may �Ilect the in�urance proceeds Lender u�sy use the proceeds ro repair or restore the Property or to pay sums � �,',r.
<br /> . secured by this Security in�crnment, whether or not then due.The 30-day period will begin when the notice is given. � 3� ;-=
<br /> . ��y,,'",n:i' t_
<br /> Unless Lender and Borrower other�vise agree in �vriting, a�y application of proceeds to principal shall n�ot e�ctead or „ .,�. ,,�,,��_,.,,
<br /> pnsepone the d�ce date of the nconthly pa}rtnents referred to in para�n��'�s I and 2 or change the amount of the payaceats• If '_s •— -.` - _
<br /> s �, ....�...._,� —
<br /> �
<br /> e c;e r F 4 r r�r�r�':'-1 t h e Pr��e r ry►s a c q a srrr£��J Lender. Borrower's r•:g�s.to any insurance polieies and proeeeds e•esulring from �t`��
<br /> . }"353� -' .. _ di3 _
<br /> '.t' ,�::.����n',�:3-���rty pru:�•r;z�3�arGL���a�s..ai!r�3=,Lender tc�:.;e ement o f:�.e sums secu r e c!b y t h i s S e c u ri ty I n s u u m e n t rs, � T
<br /> Yl-1^ �7 f � .
<br /> ��. 1GCu.l.°.:.'_�:�._r�_i�T:'J Lf:L 2'J.0'I�LI�•^. LOSYt �,,��t� 30 1• � 1���'� r , .
<br />,�,�?�� �lil�laur.lF+i�.�5�.4t�f'S. � li S C� 4�3 l•���..,
<br /> l�'.t l�".Z��'uT1Cb�P r e s Q S V a:�a n,1�3 i i.�_.£.'!�f L'L+��3��D O f t�Y�1'O�I C f�r.}�i�•.iT'lOWfs''S c h,y�,}.;i;:..��l•r{�..�;�.5:,._:
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<br /> �;;-���:s'�s'."i�e�.cupy.establish,and ui�r".�Pre�ry as Bor:awer's priricip�t resider,ce arithin si�y days afr,.:. ��.Yeca+inn u�: �,:�ff ;�;���+•�'�5�, ;s�r f� .r,;;
<br /> ,J}��Yj � ---_ _�'
<br /> �i�s 5ec�srity Instrument and shall continue to occupy tite Property as Bd-rower's principai r.si�:�x�c*ac��� �-e:c�.r�:•'.e� •`� . .s 1�.� 4�'fii:, �;_
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<br /> ��'`'`'��` the date of occupaney.unless Lender otherwise agrees in writing, cc:�iar Lc:��=°•shali not be unreasonably x;try.a�F3.c�.:..,�1ess � ;
<br /> --:�.,.��.°
<br /> ' eatenuacing circumstances exist which are beyond Borrower's conuol. Borrower shall not destroy, damage ci ::�='L <=�= _ f;• ; _
<br /> � Property, allow the Property to deteriorate, or commit waste on the Propeny. Borrower shall 6e in default if any forfeiqsr�e �,; � .,.,i-;�
<br />.• action or proceedin;. whether civil or criminal.is begun that in Lender's good faith judgment could result in forfeiture of the ,'. ,-`:
<br /> Property ar otherwise material�y impair the lien created by this Security Insttument or I.erider's security interest. Borrower may
<br /> ' cure sueh a default and reinstate.as pravided in paragraph l8, by causing che action or proceeding to be dismissed with a ruling -�•
<br /> • that. in Lender's goad faith determination, precludes forfeiturc of[he Borrower's interest in the Property or other ma4erial ,.�.' .::._ #
<br /> •.�;;;;,'- .
<br /> impairment af the lien created by this Security Instrument or Lender's security interest. Borrower shall also be in deiault if �
<br /> ' Borrowcr,durin�the loan application process.gave matcriaily false ar inaccurate information or statemen�s to Lender(or failed ,
<br /> . , � to pmvide l.ender with any material infom�ation)in wnnection with the loan evidenced by the Note, including.6ut not limited �� •Y
<br /> to, representations conceming Borrower's occupancy of the Praperty as a principal residence.If this Security instrumeat is on a _ - :�;.•: _
<br /> Icasehold. Bonotver shall comply with aU the provisions ot'the Iease. If Borrower�cquires fee tide to the Praperty, the •.�.;-. "
<br /> • • leasehold and the fce titte sh�ll not merge unless Lender agrces to ttv,merger in writing. •
<br /> �... � .ti�c
<br /> � ' 7.Protection of Leader's Rights in the Property.If Hcyrrower fails to perform the covenants and agreements contained in �- --_--=�:-�--
<br /> . this Securiry Instrument. or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a ��"-'°�'"``
<br />� , proceeding in banlwptcy. probate, for condemnation or farfeiture or to enforce laws or regulations). then Lender may do and ��!''��"
<br /> ,..� pay for whatever is necessary to protect the value of the Property and Lender's righu in the Property.Lender's adions may �,-;,;,;�y,;.�__
<br /> � � include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, payhng --- ��°�- - �,._,.
<br /> . �•.
<br /> .. !�1'�`' '",'-.�J..�
<br /> reasonabie attomeys'fees and enterins on the Property to make repairs. Although Lender may take action under dvs para�ph , . :... ..
<br /> 7.l.ender does not have to do so. � r,�' � '
<br /> .� '..:,�i,;ai.,;y:- �-. '
<br /> Any amounts disbursed by l.ender under this paragraph 7 shall become additional debt of Borrower secured by this ����^;:�
<br /> •� ' Security Instrument. Unless Barrower and l.ender agree to other tem�s of payment, these amounts shall be�r:nterest from the �'. .,• -��yA �,_ _
<br /> date af disbursement at the Note rate and shall be payable, with interest,upon notice from Lender ro ��rower requesdnD .,.,a..�a.
<br /> ��.••.:.....,:,-
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<br /> payment.
<br /> � 8.Mortgage Insurance.If Lender required mongage insuraace as a condition of maScing the loan secured by this Secl:�:y . .. ,_ , � ��
<br /> • ' Instrument. Borrower shall Pay the premiums required to maintain che mortgage insurance in effect.If. for any reason, the ����-' __
<br /> ' mortgage insurance:overage required by I.ender lapses or ceases to be in effect,Borrower sfiall pay the premiums required to ,��-
<br /> obtain coverage substantially equivalent to the mortgage insurance previously in effect,at a cost substantially eqnivalent to the �.___:_v � �
<br /> � wst to Botrower of the mortgage insurance previously in effect. from an altemate mort�age insurer approved by Lender. If .�...-.�..,._-:
<br /> ��: ...;.,..,�
<br /> substantially equivalent mortgage insurance coverage is net available.Borrower shall pay to l.ender each�rtonth a sum equal to .s, �
<br /> ��,.�-:
<br /> . � one•hveiflh of the yearly mortgage insurance premium being paid by Borrower when the insurance coverage lapsed or ceased to _
<br /> � be in effect. l.ender will acce�t,use and retain these paymcnts as a lass reserve in lieu of mortgage insurance. Loss reservc ��«�.:
<br /> Farm 3028 8190 =-- — --=
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