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<br />.-��.:` -- - Upaa pay�t ia fl�l ot pd1 snms senued by this Sea�ritY Instiumeat,Leader sba11 pmmptty zefimd to 8omarosrer aaY _ r._� ,,. : .�
<br /> " � t8s��ht3d by Lender. If.tffid�s�Pa�h 18, �et s�all acqniie or sell the PrnQeitp,Iender,Pr�or w the acquisitioa or c�
<br /> . aale of thQ PmpErty, s�aii aPP1Y'�Y Funds he2�l by L�der at the time of acqnisulon or sale as a caedit against the sams , ;_.,;.
<br />- - s,eaued bY this SECncIt3►1ast�umeat. � , �. ;��'�`'
<br /> -:`�--,..M,� 3. Appl3ffition o�Fay�ents.AII PaYm�ts of PrinciFal aad int�ecest zeoeived by Lendec shall he applied as p��� � -
<br /> o Wl�l he pSy f ' '
<br /> : - thE Atase. If Borraaver owes L�aay tate charg�s,or oth�fiees or s�arges C'other cl�rges),the9 . ' �
<br /> dtm�A of Le�der.U�ess pmhilsited bY ta�►,the apglication of PaYm�m�Y be affe�ed b3►thQ imPositton of ath�cbatges.
<br /> 1Y�ratefare. PaY�of ot3�cba:ges. Whether Paid to Lend�m additton to the monthlY PeY��oi��Y, °�� _ .( ,.
<br /> - : ���� applied in a manner at the absolute disc�ioa of the I.eader.�scowei agrees ti�t L�der maY apP1Y�Y P��� , .. ,r...;.
<br /> :�=�i::� .:� :-�, am�r rata��i ama 2.��st w amnua�s payabte aader Fm�h 1,or s�c w saw�rs paya��e�aer��h ' '. ; .:�,
<br /> _,:j=`�,``��-�� d, t�t a s R�end D�s ag�as�t�a�'��1��Boamwer sitaall gerform all of Bumuwec's ofi�� :s;_.._�_.�,;:'._,,:;..[;
<br /> �r�.., ' � with a liea whit�has pRiorit3►over this S�itY ;;.._:
<br /> , �' gqY�stg�e.deed of uuss or oiher sec�uiry agceetnent � .
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<br /> when due.Boaower sLaU pay or canse w Be paid ari taxes,oss�� "_.
<br />= . '``- �g BD2i0cV�'s COV�to t113IC6 p3y� aU ' t •`f:�'.
<br /> - - oibet ct�Bes.fm.es a�i�gusitiamg attn'6utabie to the Ympertll whicb may amein a prla�tty aver�is Secariiy Yns�mt�ut,� ;�`'
<br /> ,.. 1e2�+ehuld gay�s�b`�'���ts,if any. �'`:"�`
<br /> ' Bortowa si�a31 also pay,:befoie the sa��ome detin4neni►��tt�re ama�nt of aay tax tevied vpon this S�itY _�-` -��s�-,J,`:
<br /> - �at,ugnn the iniem�of Leadec��er t�s S�rit'Y Ins�s or upoa the indebtedne�sec�ed herebY• �n i j�''•.
<br /> � ' naw adsiing ar hereaft��xed on the Fmpect3►msa��
<br /> .. 5: Ins�Bormwea shall to�t�e i� e�3 '•-
<br /> . lo3s by fire.ha�ds ffichid�d cvlWia the tetm°e�'�d coveaage,"flaod and any other La�ards as Lea�der ataY nequ��m ` , ,-�',�".::
<br /> . �.` tia�m ti�,aad in starli�ount smd for suc�p�..5as I.ender maY�1� �_:,:, , }- .'
<br />-- . -i;�? T6e insataace caasies Pnb�+idin&the insra��.'�sLali b��bq Boaower sabject to appmval.b�i T�¢t;g��ed ,
<br /> d.If the$�aowet tails to maintain the covelage d�ed�sa�1L�.'e� .•-� '��.,
<br /> . � ; fb�ss sach apgmval sLall aai bs u�onably witbhel ;
<br /> '. ' w :o t a x i t s d m t h e P m p e c t y i u a c c o r d a n c e wlth F a r a g�a p�8.All L�s�pa�'�s
<br /> . �: t�y,ai its opt�on.obtaia cnverage p �� .' �` �`
<br /> �::?:. t a bl e t�I�ender and shall include a standard mortgage clan�in favor of�ia ;.. . � . c�_�
<br /> ..... _;.-r Bn�A rratw8ls fl1�f s�s21I 6e 9 n a f o i m asce¢ . _
<br /> - a fozm aoaeptable to i,e��.Ixa�dsr shaU l�ave the rlgLt w hn2d the golicles ard�ewals thaeof.sob,�ect a�the tetms oft auY '_ -r�'_
<br /> . . ' aanatgage,de�d of teusa as other sea�rity ageeaae�t with a 1�which hag psIority over this Seauiry.�saram.ffi� If avy �.,',_,,,�.^r',
<br />- "� �e pruoeeds are made payable w Eotrower, Borrower shall pmmptly pay such�aants w I�der,�g,�
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<br /> � 1bm�atiflm,the�d�to Lea�der of aay pmoeEds made by cl�ctc ar other draft. � __ �,.t.
<br /> .�:�:: Usdess L��r sud Bsmawer otheiwi.se ag�e in writing.ins�Pra�s s�ll i�e zpglied tQ sr�tondon�r c�s'ur �
<br /> . - 04 tl�$PmpratY da�d, if the testoratioa or t�is eoonsmicaliY feasible aad Lender's s�rity is�_Iesseu�d. If the �
<br /> � sesto�nm or rep�r is nnt eoonomicelly feas��r�i�eader's seauiry won2d be lesseaed,the insu�ar�.r�ooeeds sh�Il be ' �
<br /> � ._ spplled W We soms setaued by this SeairitY r„�-- .-�-*_wLett�r br nnt then dne,with aay eacess paid c��imwer. �:
<br /> . _ Q�ess Lender aaa Borrawes etherwis�z���,any appiicati�a of pmoeeds to prIaag�sbail not�d or `=' ;,__
<br /> _ postpane d�dae da�e�a�the ma�lY F�Y���tfl��`'�agr�hs 1 an0 2 or c�ge the�mnua3s a�cthe AeY�• � �� `�-;
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<br /> r�� . �d�t Fata$caph i�.�e Prop�iy,is a�qujred b�" -� r,Botfower's�gM w any insa�aace pol�cles��oaeoda resoldng = �
<br /> si, . .. fmm d a�a�co t�E�e s�t P��W the acquis��a•shaU pass w Le�der w the exte�nt of the sums sec�ed by thia Se�auIty ��
<br /> a�, �� ; Insuu���Prior w the�sldom. I3cx�on of Iasiueaoe mc�eeds s�aU �
<br />_ , .�,;,� :�> ;:'i��tavis's=�of t}ils P�h S concemmg the paymeat,disbuise�ment or app P l;Y. f�'��' -
<br /> , :��`., apghi to�insa�����d the P�a^�TaY arhether or aot(�Le�der is a named insu�.(ii)the pmu�9�a '� --
<br /> _'� . �...� mo�tgage c2anse o=f��L,endet has required B��w maintain the insuraace. BomuwPr autho�aud di�cts aay lmsutes .;y.�., _
<br /> ����'' �i�rance Pmcoeds nPan Leuder's nntice to insorer of Leader's iatetest�n the •, •�:.-
<br /> - t�D1st L+t�r as a loss payes an tmg paymeat . -__'`.�'.-'.
<br /> ; ias�ar��•roceeds. . _� ' -
<br /> a . In the event of loss,Boma�s�aU g��s Es�ompt not��r:o the insuzance catrier�lF,�der.Le�Wer may�1� _
<br /> . , a'����•
<br /> � of loss if not made prampt�Y i►Y 8o:rawer. � �. ---
<br /> +• �-,." If the ProPe€cY is aban8oned by Bor��or if Bosrowez fa�1s W respond w Lender witt��days from Qie�te .<:.,�-,. -__
<br /> �: � no8cc is mailed by��sder to Bairower t�at td�'s"csarauce a�der offers w seple a claim for iasar�ua��eaefita. Le�der is � . �-�,:i:
<br /> ".,. �'>, .,� ` authniized to�wltect and apply the ipsu�ance Proa�s at Lender's opflon eith�z w resto�ian or repair of the Pmpaty or to � �� ...
<br /> , '��- ?,y� � the sua►�s$cared by this S�3lY I�ssmment. `.'� , ,` r ���,,
<br /> � . .. ' ,::, ';�1 6. Pres�.rvatl�ra entII Metnteaaace of Pbop�y��.easc�o2ds;Condamini�;�IInit Developments.Scnrower ►-=''�,{����t.+.,:.
<br />:;:f;'�.,,:`��'�`�� • ... ��p th�pc�r�g im gaatl repair and ahaD m�commit aor germit waste,iaiPai�ment or deter�ar�'an of the PrnP�Y• .
<br />->';;:`�;�:• .'':. .::'�` Bonozver sball no't�io amYthinB aff�n8� �Y that is ln viola@on of aay law:ordtnaace ar�sem�ment iegulation � .•- •
<br /> .�.. .,
<br /> � �;` appl3cabl+�to a resideadal DmPertY,aad Botrower s1�aU com�ty with the provlsions of aay leass if this�Cnrlry Instrument is . . T.,
<br /> ,..�t� , .,,, ,�` � ' . aa s 1��o2d. if tb3s 3saulty LIISr�usnent is oa a unit�n as�ondominium az a planned nait develogsa�t. Bormwer sLall � ',-�+'j�r,',-.�:
<br /> � {`;f}t; "+ �, :.:,;, perfoma all of Boms�s obllg�a�c3�mder the bclmation ar oovenaats cte�ng or govemiag the car�domtnium as�Lanned .:,;�R,,'.;. .
<br /> 1r.�,��� " uoii dsveiop�N.ib�':Tsy-lacvs and regulations c►f t1fie coudominit�►or ptaaned unit deveiopmeat.aad oa�zitent d�c�is. , .
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