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<br /> 5. Hn•rard or Property Insurunca Burruwrr shull kecp thc impruvcmrnis nuw cxi+tin�.� ar h�rcal'tci• crectrd un thc
<br /> Yriiprrry in+urcJ a�;ain.t lo,ti hy fire, h:uard, inrludcd within tiic tcrtn "rxtcndcd rewcragc" and any ulh�r haturdti. including -
<br /> flundti��r flauding, far which l.eitdcr requires intiuranrc. '1'hi� intiurnnrc�hidl hc muint;�inrJ in chr anwunt�iuid fur dtr periuJs ., _
<br /> thut LrnJrr rryuirc.. Thr in�uranrr rarricr pr�,vidinE thr in.w•anrr .hall hr rhu,rn h� Burru�vrr �uhj�rt tu I.cndcr',uppri�vul
<br /> ,��,�,,, whirh .hull nc�t hc unrcutiunahiy withh�ld. II'B��rra�rcr lail� tu muintain r���•crugc �c+crihc�l ��huvr. l.cndcr m;ry. at l.cndcr's :.: . , • -
<br /> .,, option.obtain rovcrage ti�prc�tect C.endcr'�ri�ht+in [hc Pru�erty in ucr��rdanre with paragraph 7. ..;a..:^�.•r:, ,:=�
<br /> All in,urunrr p��licic,unJ rcncwul+�hall hr arccptuhlr tu l.endcr and tihull includc a +tand:�r�l murtga�r rl.iu�c. l.cndcr �.'''•,.�•-r�w��r,• :�� u
<br /> .hall havr thr ri�ht tn hnld thc�licics und rencwal�. If l.cndrr rryuire�. Borrawcr tihall prumptly givc t�� Lcnder ull rcrciptti of' . :;:�r;�:�:��_�r,�-_
<br /> puid prrmium,aind renewul n�,ticeti.In the cvent uf In,,. Burrnwer+hxll�;ivr prcimpt nutirc tu thc intiuranre rurricr.md C.ender. :� r•?.�
<br /> �_(.;a��t�:-
<br /> Lcndrr m:►y mukc pruof��f Ic�s,if nuc mudc promptly hy E3nrrowrr. -'':"r=s_'--_ ____---
<br /> Unlr»Lcndcr uiid 8urrcnvcr otherwise agrcc in writin�. insurunrc prureccis shull br applied tu restoratiun or repuir ut'the ��=-=
<br /> Property damuged, if thc rc�tc�ration or rcpair iti rrunumirally fcutiiblc and Lcndcr'.,ecuriry i�not letisened.If ihe resa�ration or -"�.�`�:
<br /> repuir is not economirally I'casihle or Lender'ti xcurity wciuld be Iessened, the insurunre proceedti xhall be applied to the sums ' '•�<Sk-._-
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<br /> ' scrured by this Security [nstrumrnt, whcthcr or nut �hen Jue, with any excetis paid to Borrower. If Borrower ubundans the �,s
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<br /> • ?roperty, ur docs not unswcr �t�ithin 3(1 days a notirc I'rc�m Lender that thc insuruncc rarricr has uff'ered to sctde u claim, then �-:�±-:z�;t,
<br /> Lcndcr may rollect thc insuraixc pruceeJs. LenJcr muy usc thr prucceds to repuir or restor� thc Prc�perty or to pay sums ._
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<br /> srrured b}•thiti Security Instrunxnt.«•hcther ur nut then duc.The 30-duy perioci will hegin when the notice is�iven. �•:W,
<br /> Unles. Lender an.1 Bnrrowcr uthen►,i,c :�grer in writing, uny application nf proccedx to principul shaU not extend or -`�'�
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<br /> P • P YPY p• � •p S' P'Y :�� --'�
<br /> o�t one thc due datc of the monthl u ments rcfrrreJ tc� in aru+ra hs I anJ 3 or chan c the amount of thc a ments. If .;��-
<br /> r. under paragraph 21 the Pruperty i�acquimd hy Lender. Bc�rrc�wer'r right tc� any insurancc poliries u►id prcxeedti resulting from � �';�;:`
<br /> damagc to thc Property pri�ir co the acquisition tihull pus,to Lender tn the extcnt of the�ums securcd by this Security Instrument ':'��`':�
<br /> immediately prii�r tu the ucyui,iiiun. . ,��'
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<br /> � 6.Occupancy,Preservatian. 11fAintenance and ProtecNon of the Property;Borrower's I.oun Applicntion; Leasehalds. i'�''r'°"--��-
<br /> Borruwe�shalt i�rcupy, e:stabl ish, and use the Property uti Burrc�wer'�principal residcnce within sixty days after the execution of ;, ;�F
<br /> Uiis Security Instrument und zhaU c:ontinue to urrupy thc Property a. B��rrower's principul residenre for s�t Icust one year after F
<br /> � thc date uf urrupuncy, unless Lcndcr c�thcrwitic agrer+in writing. which ron�cnt shull not hc unreusonubly withhelJ, or unless , --_
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<br /> extenuuting rircuntstancex exisl which are hcycmd 6orrower'ti rnntrul. Borruwer shall ncn destroy, dumagc or impair the w--
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<br /> - . PC!?�?L'Tt�, '„��Q�l' th� Prt��C.':1� !!1 L�L'�.C!!!C:l�P.. !?r rnn]nijt W(��i/!��Il f�1P Pro�erty. Aorrower shull hc in defuult if anv forfeiture �%' _ --
<br /> action ur proceeding, whether civil or criminal, iti hegun that in Lender'ti g�xx1 f'uith judgment could result in forfeiture of the :r_.�.�_�
<br /> Property or othcrwise materially impair the lien rrratcJ by this Sccurity Instrument or Lender's security interest. Borrower may ���°-_.
<br /> cure such a default and reinstutc.us provided in parugraph 18, hy rausing the action or prc�ceeJing tu be dismissed with a ruling ��
<br /> that, in L.ender's good faith deterniinution, pmcluJes tiufeiture of thc Borrowcr's interest in the Propeny ��r other material =
<br /> impainnem of thc licn cmate:d hy this Sccurity Inytrununt or l.endcr's srrurity interest. Borrower xhall also be in default if _
<br /> Borrowcr.Suring thc loan application prixc,s, garr matcrially falsc ur inaccurate informution or statements to Lender(or failed ���
<br /> to provide l.rnder with any maicrial inti�rmationl in romuctie�n�vith the loun evidenced Uy the Note, includin�,hut not limited
<br /> to, rcpresrntationx roncrrnin�Borrnwcr'+i�ccupanry of thc Prop�rty .��u principal rcsidcnrc. If this Sccuriry Instrumcnt is on a =
<br /> lcaschold. Burrower �hull re�mply with all thc pr�wi,ic�ns c�f thc Icasc. If Borrowcr acquires fce tide to thc Property, the —
<br /> Icaschold�mJ thc fec title shall nut mcrgr unlc�s Laidcr agrees to thr mcrgcr in writing. �—
<br /> 7.Protection of Lender's Ri};hts In thc Property. If Borrau�cr faits to pe:rtorm thr r�rvenants und a�rcements coneained in
<br /> this Security Instrument, nr therc i�a legal prucerding that ntuy �ignitirantly uffect I.ender's rights in the Property (such as a
<br /> prurrcding in bankruptcy,probatc, for condcmnation ar fi�rt'citurc ur ti� enforr� laws or rcgulations), then Lcndcr may do and ��
<br /> pa� for whatcvcr i.nccrs�ary tu rr��tcct thr wduc ��f thr Pruperty anJ I.ender's rights in thc Property. Ltnder's actions may �,
<br /> inclu:le puying ,uiy sums .ecured by u lien whirh hati priorit�� ov�r this Seruriry [nstrumcnt, appcaring in court, paying ���
<br /> rcasonab(r attorncyti' fccs anci cntcring on thc Property to ntak� rcpairs. Althaugh LcnJcr may takc action undcr thir paragraph �,____�
<br /> � � 7. I.cnder dorti nut havc a�du w.
<br /> Any amountti dishurscci hy Lrndcr undrr thi� paragruph 7 tihall hccuntc additional dcht of Borrowcr �ccurcd by this �-_ _
<br /> Sccuriry Instrumcnt. Unlc,+ �3urrc>wcr and ianJrr,igrcr to othcr trrm. uf paymcnt, thesc amuuntti shall hcar interc�t from the �':�u-
<br /> datr. of dishursement at the Nutr ratr and +hall he payuNle, with intercst, upun noticr f'rom Lender tci Borrower reyuesting �� i �
<br /> paymm�t. ti' .1�:' _ �.
<br /> 8. hYort�u�e Intiurunre.If Lendrr rcyuirrd m��rtEuge intiuranrr a. a r�,ixlitiun of making thc Iciau secumd by this 5crurity `1�,;p: i,� .
<br /> Instrument. F3orrowcr �iiall i• thc rrmium� rr uircd to maintain thc m��rt u�c insurunre in ettcrt. It. f��r un reasun. the ",,•,, :
<br /> F��f P 4 € b Y ��c,=. ..•s;. ;
<br /> mortgagc in,uranrc ruv�ra�� r•�yuireJ hy C.�ncter I.:ptic� ur ccatic, tn h� in ellcrt. I3orrowcr shall puy thc prcmiumx rcquimd to '�t�,:... .y``�r1�
<br /> cibtain ruvrragc�uhtitantially cyui��alent lu thc murt�:agc in.uranrr previoutily in tffert. .�l a rutit tiubstantially equivalent to thr .. ��'^;.x?.r. - .
<br /> ant to [3urruwrr ��f thc nu�ctga�:c intiw•an�r prr�•i��u.ly in �ftcrt. tivm an altrrnatc murtgxge intiurcr approved hy Lcnder. If . '`�"*:. �7•�i:
<br /> wMtantially cyuival�nt nwrtg.�gr in.uranrr r�,vcru�r iti nut availahlr. Burrn�+•cr ,hall pay to Lcndcr rach nxmth a tium cyu;�l tu
<br /> ;. .
<br /> unr•t�t•rlfth�if thc ye:u•ly mnrtga�c insurancr prcmium hring �r,iid h�� l�arrow�rr��•hcn th� intiuranrr ruvcragc lap�cd or rcciscJ tc� ,
<br /> hr in rl'fcrt. Lcndrr will arr�:pl.u�e:md ret:iin thr.r paymrnl�as :i I��,. rc�rn•r in licu uf mnrttla�*� in�uran�r. Lo�� rc�crvc
<br /> Form 3028 9190 .
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