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<br /> �� , ;, . � - 5.Hamrd or Property�nsm�nce. Bfluower st�all keep the improvemeats aow existing or heeeafter eaected oa the Property � . . • �
<br /> insured agau�st loss by fue.haaards inciuded within the tenn"ea�ten�ed caverage"and any other haza�ds,iacludiug floods or � . Q
<br /> � � �. `� flooding.for which Leuder requices�usance.lbis insur�_�shall 6e maintairted in We amormts and for the periads that I.euder . a. . - .
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<br /> , , j``� requi�s.'Itie�su:aace cazrier providing the in�uance shall be chosea by Boa�nwer sabject tn I�dds appioval whicb shatl not ' �
<br /> be unreasonably withheld. If Ba:rower fa�7s to maintain coverage descn'bed above.Lender may,az I�nder's optinn,obtain �
<br /> `,�..� covera�e w protect Lender's rights in the ProFerty in accuntance with pazagraph 7. , -- `
<br /> - -�- ` -- All�uance golicics and reneavals sltail be
<br /> : . . ` � have tke ri t tn hold the �table to Lemder aud shatl'mdude a standard mortgage ciause.I.ender shall
<br /> S� Policies and renewal.�.If Lender requires.Borrawer shall pmmpiiy give m Ixnder all receipis of paid � ' :
<br /> , 3 pneiniums and cenearal notices.In the event of toss.Bonower shall give prompt notice tn the insurance canies aad I.acda:Lender � , .:.-��`
<br /> . • � may make pmof of loss if noi made prompdy ity Bomuwer. � . . ,_ .
<br /> , . Ualess T.eader�td Bomnwer oth�wice agree in wri6ng,insiuence pmceeds s6all be a�plied to reswraiion or r�pait of the .
<br /> "• �P�Y�g e d,i f t h e reswrarion or repair is economically feas�'62e aud I.ender's sec�uity is not tessened.If the resto�n or� ' _ '.`,
<br /> . repaff is not economically feas�te or L.ender's seca�rity aould be le�ed.the ins�uance pioceeds sbaU be applied tn the sums GD L,,�-;`-��-.��'
<br /> . . seGtted b this Sec�ui Insommen�whether ar not theu due, wirh an e�co� . :. '"�v"n`"
<br /> Y LY y paid m Boirawer. ff Barrower abandons the . - �..,;,.
<br /> � . Pmp�ty,ar does not auswra wittin 30 days a aotice froru LeQder t6at the insarance carricr has offered w seale a claim,the� � `'` .`�,,�.-,-
<br /> -- . , � Lender may coltect the insurance grocced.s.Lemdea may use the pmceeds w mpair ar restore the or to . _� _
<br /> - . by Wis Sequity tnconunent,whether or not th�due.'ihe 3 eriod w�71 �� �y��
<br /> � . Unless I.c�der and Borrower othetwise �-�Y P �whc�the noIIcc is give,a. . '. '
<br /> ag�ee in wridng,any applica�an of pmceeds w priaapal shall noi extend or postpone :<. .,•.-
<br /> . the due date of the montLly payments refemed tn m p�phv 1 and 2 or c,uaage the amrnmt of the payments.tf und�pa�pb � -v�
<br /> 21 the Property is acquimA by Lemder,Borrower's right m any �urance policies and proceeds resoIting&om damage tn the . . =
<br /> - -' . Pmpearty prior to ihe acqu'ssition shall paSS w Lended tn the exteat of the satas secared by this Serutity Instrumedit immediaeeiy _....- t.
<br /> ,- Prios to tEte acquisition. �- ' 3�_.._..
<br /> . `:{ 6.Occupancq,Pireservation,Maintenance aad Protec�on of tl�e PtoDerty: Borrower's Laan Appltcation;Leasehotds. ' -__---
<br /> � Bomnwer shall oc,cupy,establish,artd ase the Pro
<br /> . . �? this Setauity Instrament aad sha11 contmae w accupy the Botrower's pr�cipal residence within s�ty ds►ys afoer the execudon of "---�--
<br /> d
<br /> `.�t date of aa uWess Leatder otherwise ��av Borrowa's p�cipal residea►ce for at least ane yeaz after the � � _
<br /> �P �Y, agrees in writing, which consea�t shall not be unreasorrably witWteld, or untess •y�,..��:
<br /> ' extenuatii►g cmumstances exist wluch are beyond Hormwer s canirol.Borrowea sbatl not d�stroy,damage or impair the Prqp�ty, • '. -
<br /> ,. , •` 5 aBow the Propearty w det�ioratc,or wmmit was�te on the pmpeny. Bmrower shall be in defautt if any forfeibue acdon or ,* °` . - —
<br /> � �t ' proceeding,ahether civil or criminal,is begun il�at in Leader's good faith judgment coutd result in forfeiwre of the Property or -�
<br /> � � otheawise matesially impair the lien created by this Security Instrument or L.endds secmity interest Borrowea may pue such a �:I-•;=-�
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