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<br /> 5. lintttrd or 1'roperty Insuriuuc. Barru�vcr sh.ill kccp thc impru��ciucn�+ n�nv cxisting un c�rcaftcr crcctcJ on lhc
<br /> Pruperly in,urc�1 aguinst lo+ti by f�irc, hutauds inrludcd williin thc tcrm "cxtcndcd r��vcr,igc" und any ud�cr ha�,ird,, including
<br /> . Iloi�dr ur �luutllflg, titt which l.cndrr rcquircti in+uranrc. Thi+ intiurancc tih.ill hc ivainlain�:d in tlie ��muunts und fc,r thc periodti
<br /> , , thii� Lcudcr rcquirc+. 1'hc in,urancc r.u•rirr pruvidin�thr insuruncc �h.ill bc ch�;,cn hy Fiurruwcr ,uhjcct tu Lcndcr'+approval
<br /> , wliirh shull nut hc unr4asunably �vithhcld. If linrruwcr f�ails ti� maintuin cuvcru�c �lcxrihcd ahuve, l.cndcr mny, at Lcndcr's
<br /> upticm.nhtaitt rc�ecragc It+pr��tcr� Lendcr'•ri�ht�in Ihr f�ruprrly in arrurJanrc wilh para�:raph 7.
<br />' ., a' ? All intiur;uice p�+lirie� und renewuls shull h� arceptable tu lAnder and�hall includ�:i titimdurd murtgage cluu�e. L�:nder
<br /> �� +hall hnvc thc ri�lu to hold thc policic,nnd rencwul+. If lAndrr rrquirr.,13��rruwcr,h�dl prampdy givr to Lendcr ull rcccipts of
<br /> �,�� �,; paid prcmium+and renewul nuures. In thc evrni��1 lu.., Hurmwrr�h:ill givc prumpt nniirc to thc intiurancc carricr und Lendcr.
<br /> , I,�ndcr muy makc prout uf la,.r i(n��t mndc prumptly hy F3nrruwcr. '
<br /> Unlr�+LcnJcr und porruwcr uthci�vi,c ugrcc in�vriting. in.rura»rc pn�cccdti tihull hc ��pplicd tc�rest��ration or repair af thc -�`:
<br /> ' Nroperty d�unagcd,if thc rc.turation ur repair i�c:conomirally Iri�+iblc unJ L.cnder's sccurity is not Iesscned. !f thc restowationor .'=�
<br /> . � npair ih nut crunomirally fc:�tiible or l.cndcr',+rcw•ity wauld bc Ic,ticncd, thc intiurun�c pr��cecd� shull bc upplied to Ihe sums —_
<br /> sccurcd hy thiy Sccuriry In,trumcnt, whcthcr i�r nat thcn duc, with anq cxccss puid ro Borrowcr. If Borrowcr ubandon, thc _
<br /> . Pruperty, or duea nut answer within 30 diryti a nutice from I.ender thut the insurunec carrier has uffered ro setde a claim, then �;°
<br /> "' l.endrr muy cuUcct thc insurunc� proceeds. I.�nder muy usc thc procceds to repair or re+torc the Property or to pay sums �°''_
<br /> �' �ecured by this Secu�iry Instrument,�vhether or not then due.Thc 30-duy period will begin when the notice is given. =_
<br /> Unless Lendcr und 8orrower othcrwisc agree in writinb, any application of proceeds to principal shaU not extend or
<br /> pustponc tlic Juc date uf the nionthly payments refcrrcd to in par►graphs I and: or change the wnount of thc payments. If —
<br /> under puragraph 21 the Pmpcny is acyuired by Lender. Barrower's right to any insunnce policie:+and procec�ls resulting from �---
<br /> � �, dumugc to thc Property prior to thc acyuisition+hall pass a�L.end�r to thc cxtcnt of thc surns secured by this Security Instrument =�
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<br /> immcJiutcly priorco chc acquisition. _�-"
<br /> " 6.Occupuncy, PreservoNon, Malntena��ce nnd Protection of the Pmperty;Borro«�er's I.oan Applici�t[on; I.easeholds.
<br /> Borrower shnll occu�y,estublish,and use the Propeny us Borrower's principal residence within sixty days ufter the execution of =__-
<br /> this Securiry Instrument and shall continuc to accupy the Property us Borruwer's principal residence for at Ieast one yeur aRer �_
<br /> thc date of occupancy,unless Lend�r utherwise agrees in writing,which consent shull not be unreasonably withheld, or unless �
<br /> . . � extenuuting circumstances exist which u�c beyond Borrower's control. Borrower shall nnt destroy, damage or impair the
<br /> • ��,.' Propeny, allov� the Property to deteriorate, or commit wnste an the Propeny. Borrawer shall be in default if any focfeiture
<br /> • ... .;.,. uction or praceeding, whether civil or criminul, is begun thut in I.ender's gaod faith judgment could result in forfeiture of the
<br /> ti • 11.. • •{.��'.... � � � � In� nn s.nt� I n r�a c crr�irit�1lIfFY/!Cf Anrrower may
<br /> '.:t�� FIVFiGity vi Gtncirii�c utBIC.PIBuy i�i�j.u1.'• Seu:i^..:5.'L..'� �.5�.�:2_. .S!!Sj 5....:2... I.._I?__f..
<br /> ;�•�'' cure such u default and reinstate,as provideei in puragraph 18, by cttusing the action or proceeding to be dismissed with a ruling
<br /> that, in C.ender's good faith determination, precludes forfeiwre of the Borrower's interest in the Property ar other muterial
<br />- .•':�+�',' impairment of the licn creuted by this Security I�strument or Lender's security interest. Barrower shall ulso be in defuult if
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<br />-`=q'"''':"�" Horrrnver,during the loan application process,gave materially false or inaccurate information or statements ►.o Lender(or failed
<br /> - �•:�t:r to provide L.ender with any material information) in connection with the loan evidenced by the Note, including, but not limited
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<br />_�._;f,� to, representat�ons concerning Horrower's occupuncy of the Property us a principal residence. If this Security Instrument is on A
<br /> ....,�� Ieasehold, IIorrower shall comply with all the provisians of the Icasc. If Bonowcr ucquires fee title to the Property, the
<br /> - -_`^'` Ieaschold und the fee title shall not mergc unless L�:ndcr agrecs to the merger in v��riting.
<br /> --.�LL��� 7.Protection of Lender's Ri�hts In the Property. If Borrower fails to perform the covenants und ugreements contained in
<br />-_�"'__-,,--„-'"'�'��� this Securiry Gistrument, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a
<br /> -- proceeding in bankruptcy,probate, for condemnution or forfeiture or to enforce Inws or regulations), then Lender may do und
<br /> �. �7.-..�,.-„�:�. pay for whatever is necessary to protect the value of the Property and Lender's ri�hts in the Property. Lender's actions may
<br />°°"��� include paying any sums secured by a lien which has Priority over this Security Instrument, appearing in court, payins
<br /> -__._____ rcasonnble attorneys'fecs and entering on the Property to make repairs.Altliough Lender may take action under this paragraph
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