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. .� .� ' ' ' . . . � ' _ - . <br /> - . � ' • . . ' ` . . 'F.- <br /> � . .. � : . i � - .4^ _ <br /> � . . . ' 1` . . (` �. <br /> . . , . � . � . � . .. .. .'�� <br /> - • • - ' . . �.( , _ <br /> . .. . . ' � . . ` ' . " . . . .. .. 'f . _ <br /> ' . _ . . . . ' . - . . . � .. . . ' . , . . !•, <br /> ' i �1:: <br /> '� ' . - ' . , ��.c3- <br /> �7�� '��Q�s LOANNO. 153921fi6C6 ` � _ <br /> A!!tnsurance policles and�en�vrals shall be�cceptabie to Lender a�rd shall fndttde a standard mortgage clause. s ` , . : � ., <br /> j Lender shafl have the rtgPrt to hold the policles ansD renewals.If Lender requires,Barrower shail promptiy ghre to Lender � • , • �- <br /> � afi rscetpts of pald premiums and renewal natices. In the event af loss,Borrawer shall give prompt notice to the � _ <br /> insurancs carder and Lender.Lender may make proof of loss if no4 made prompUy by Borrowrer. ( . � <br /> �' Untess Lertder and Borrov+►er otherwise agree[n writtng, insurance proceeds shall b�appfied ta restoratton or repair � , ' �T - <br /> jof the Property damaged,ff the restoratton or repair i�aconomlcatiy feasible and Lender's security is not lessened.!f t�he � , , . <br /> � restoration or repair is nat economically feasible or Lender's security would be lessened,the insurance proceeds s9�all '— <br /> be ap�lled to the sums secured by this Securtry InsUUrner�,whether or not then dve,with any exc�ss paid to Borrourer. . <br />' � If B o r r a w e r a b a nd ons th e Pro pe r t y,or does not answer within 30 da ys a notice from Lender that the insurance carrier � � '.��'�°=� <br /> �� has offered to settle a claim,then Lender may cotlect the Insurance proceeds.Lender may use the proceeds to repafr � � � � <br /> i or restore the Rroperty or to pay sums secured by this Security Instrumern,whether or rtoi then duo.The 30�ay period . • � v._, �_t: <br /> � � wili begin when the notice ts given. _-�-� <br /> � UNess Lender and 8orrower oYit�nvfse agree[n wridng,any applicaUon of proceeds to principa!shall not extend or . :. :.,�..:w► <br /> ` post�one the dua date af the momfily paymerrts referred to in paragraphs 1 and 2 or change the amourrt of the � � ����•: �:.,�.��_- <br /> � payments. tf under paragraph 21 the Property is a�quired by Lender,Borrower's NgM to any[nsurance policfes artrl �� ' � '�'� <br /> proceeds res�tlng irorin d...mage to the Property prlorto the acquis�ion shall pass to Lender to the extent of the sums `�j�;��`"�`:� <br /> :��,-.y. <br /> � secured by this Security Instrumertt tmmsdiately priorto the acq�aisi�on. ; ,, .;�:_�;,,`-„;�' <br /> �.Oc�c�an�y,Prs3ervation�Matrttettance�nd Protecticn o4the Property;Bor���r�.r's Laan Appllcatlo�; `; .," ,��° <br />.',.� Leasehalds. Bonawer sl�all occupy,estabtish,and use the Property as Borrower's pdna�ga!resldence within sbdy days ,,��;; :�,. .;,�.-�.��.: <br /> �ter the executfon of�Pe�s Sacurfty InstrumenY and 5ha11 continue to oexupy the Property as Bomower's pdrtcipal ���_ <br /> 7astdence ior at least or�a year after the date of accupancy,untess Lender otherwise agse2s in writing,which consent • 1 � ,�,f _ <br />� ' stsall not ba unreasartably withheld,or uNess extenua�ng ctrcumstances ex(st whlch are beyond Borrower's control. �•=�:�� =y_' - <br /> �.. � .. :=' <br />