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<br /> :. ; . . �,�-` g.�tlT�l�Ot�t0��TF1SffiffiOC' BQI[OW@i 5�3�$02�f$C 1�IDVEmC�I4 IIOW C�UShA$OI h�CB�@�OII t�C PftO�y ` . ` +.• '.
<br /> . . ,`� ��(��by fae,ha�ds included within ttie frim°eatmd�d covaage" and any orhsr�ar�,mdu�m8 a�ods or `�.�:��.. ` �,...�.��
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<br /> � ` , IIoodiug,far which Leader zeqaues msuraaoe.Thig insaiance shall be maintained'm the amounts and for the periads d�az Leadea ;L•<•�
<br /> ' ' . tequirc�.7he insmrence cairfer pmvidm8 the insiu�oe shalI be chasea by Soimwa snb�t t�Imder's agptaval whic2�shal!aat ���• < '``
<br /> �e u�sonably �vi�Lhetd.If Bmmwer ft�ils ta maintain oovaage descn'6ed above. Leader maY.at Lender's option. abr� f .. . • �
<br /> _ `° � °�`_'' c+ove�age to ymiecc l�ader's right�in the Ptopezty w aasn�ce witD parag�aph 7. • . ..
<br />_ ' . . • A11�nanoe po�c�es an�reaewals shall 6e ueoe�tablc t�Leadet aad shaU inciude a st�Watd maitgage cla�asse.Leader sdaU
<br /> " Ga��die rigQt m hotd the potisies aud�ewals.If Leuda teq�es.Basower shall�amgdy give tn Leader all reo�pts of p�id � _
<br /> . " .�� ' Gpa�ni�s and ieuewal namcc�.In the eveat of toss.Baaovrer sLaU give pmmpt aatice to the ia�oe c�rier and Lende�Leader �:,,.�
<br /> r .-�>-�; raay m8§8 pl0of Of tass if IIot tttade�mIDpttY bY Sorrower• J ..
<br /> " . Un2�Leader and Honawer ot�wise�geee m wridng,�e�aaoee�s sLa11 be apFlied t�cest�aricn ar repair of the Y �.�t
<br /> ` aa
<br /> -_c'--``' ptupeity damaged.if the zestoraiinn�t�a'v is�annmirslly feas�ble and Lead�'s seauitp Ls nai t�eaed.If the�nn� _:� � �-
<br /> . .'< ° �air is nat eo�Y feasbte ar I.eader's seauisy vrouW be l�ed.tt�mss�aance pzoceeds shaII be apg�d tn the sums . ,` ,
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<br /> whethec ar nat tten dn�a+isb ai►Y acc�sa gaid to Boimwer.If Hoao�rer abandnas the }�•"�
<br /> . :_�;, �by tAis S�auitp 1mst�mou. � � ,.. _ •
<br /> _ . _ � Roperty,ar daeR nnt�sv�er within 30 days a no6ce fmm Irudra tbat the msm2aoe caQier has off�ed tn senk a cf�.tt�
<br /> er ! 't
<br /> • - . ` I�may oonea tne�nee ptoceeds.I.�may ase ihe prooeeas tn�aa oz r�e ute P�opatS►ar w vaY�� ' _. °
<br /> • :' ' 6y this Se�urity Iasnrumeut.whetl�ar aa3 then due.'lbe 30-dsy peatad w�be�when the aatise is gi�►cn t:'.:' � ;.:�:t�,�.
<br /> •`' �, lica3ion of paQC�s to princi�al s6ari not ext�ad or pntspone
<br /> ' Untess Lr�dei aad Borc�wer otheaarise agcee in a�riIIng.aaY aPP ` :�=. . . ..4 .
<br /> ' ` '; ents refesea co m�hs 1 ana a�c�aage r�e asao,mt or the pay�eats.If�ea�ap�
<br /> �. ,fi`;,, the dae date af the mmuhlY Fai� � �S��to the ` ' -
<br /> 21 the Ptcperty�s ac4a�d bY 1�•Baaawds right L�any insur�ce pot�s P� = -
<br /> � .. p�ty p�nr w the�qnisitinn shall�s to Leader w the e�rnt of the s6ms s�ed by tt�S�aain►lnstr�aeat imm�lp
<br /> � :,t;, p�rwthcaoqai�iau. . �t --
<br /> ` �Ooeapanr�s F�va�m,NL�int�anoe�d It�trutedinn of the Pa»perty, �rim�wer's Loan App�n;I.�ot�. , ' .'`� ,�,��
<br /> ., � ,.", r�ce wiibin s�ty d�ys e�she e�On of a:�•��.
<br /> . �anowe+r sLall aocnpy.e,stablish,and t�se the P r o p e rt g�Bonowei's privapal ���r at teast�ne yea�after the ` �
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<br /> � '�1'r'..)_ t�ll8 S��PAI 811d S�OO�IIC$1�1 �1 WId1Ii Wjlt['�O�I$ 8�IIOt bC�lj� �7aC�, �IIDjPSS 4`� ' '•,>:
<br /> ., :•n)c;�..: �Of QO�CS/.IIIIIPSS I.CFfdE'l Ot�BiiSC A$[CiS $+
<br />.. •�:iBCfT.1-- ���exisl whicb ace�tond Baaower's conual Baaoama sDall not desnuy,damage ar�ir the P��rtY. -�-"-_��-•" ,
<br /> . � . ; allow tLe PtapaKy to deteaimaLe.ar oommit waste on the Ftopelty. Baaowea shaII be in default if any faaf�re a.�inn or �.,
<br /> ::,;s ._ gioo�iag,whethe�civ7 ar crimmal,is be8an tLat m I.ender's good faitb jud8ment couW resnit�n farFea�ue of the Piape�ty or �
<br /> _ - ���,� . .`<' atheawise u�eriallY imP�r the fia►created by Nis Sec,�tity►Inso�vm�t or Leadds secaaity i�tecest Bacow�r maY cauc sacb a " . . �
<br /> . vided ia 18, �g the action or g�oceedm$to be dismis9ed arhh a�g that.iu 1� ,. ,,,.•'�
<br /> defanit aac8�¢msmte.as N'o P�� f+Y ,�� •�
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<br /> '- Leander's good faitii determmai�on.�farfei�e of the Bnaowea's m�m the Pro�aty mr othar mateital impaameut of
<br /> _ �e lie,n caeated by this Setaaity L�strumeat or Y.ender's sa�rity umtecest Basmwea s�aU also be in defanit if H�owet,dur�g the
<br /> � li�aa apDW�ion P�aoe.ss.gave mataiatty false a�ina�uate inf�nn ar stat�e�m I.eades(ar f�ed w p�vide LeadPr with -` �'�,�
<br /> `` m conne�ian wuh the han evidenced by the Not��� b�,not t�d m � '' �""`�•,
<br /> � �r�� . �����,, � �y mataial tnfarmanan) • • _ x��:.,.
<br /> �r3'���` canceiaing Baimwea' oxnP�c.7► �F�Y P��P�
<br /> � ��s`= s of&be as a r�se.If this S�iq�t is on a Ieasebo14 BoQtuwer '--;. ��"
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<br /> , shail comply wisb aU the pmvis�or�rs�ifu��ease.If Bosmwet acQ�'t�f�e title m t�e Pmpec3.�y,��schNA aud the fee li�d shaU .�'� i f�,n,�j.-.�
<br /> . , aotme�ge untess Lend�aa agrees to d��r8ea m vvrttittg. . _
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<br /> + . ,� � 7.Pratect€�a4D.e�c�I4t�b in�e ProD�Y• If Boaowe,r fa3ls to pesfac�a tbe cavcnantg aad agreem�ts eanffita�in ,,,:�':�. Y*�.�.ri,
<br /> ,:,�'-,. tt�s Se�r�.Fa�n�t,��e i,a le�t!F�8��Y�Y 2ff�t Lender's righta in the Pmpe�ty�(sacb as a __ �
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<br /> . psoceeding ia httnlauptcy,�obate.far madc�mnatioa ar fosfe�idue or ts�ee�fa�e laws or iegaiarians),then Lendra may do�PaY '�.., �_
<br /> far whatevea is necess�7►ro Pmtecx�e valae of the Property and Lender's rigQts in the Pmperty.I�eader's m�inas maY i�ude ' . '•� . ,ac`'�`=
<br /> � ' �':..,� paying any smns s�d by a ti� w1us�t�aas pciorir�.over this Sec�uityr Iostrum�t,�8 m eoun,DaYh�B.rea�nabie " _:��.���'�'
<br /> --- . -- aiss�e�s'fces��;on dhe Ptoperty w mak��epa�s.Althaugh I.ender may take acdon�mdei this para�aph 7,lcndra _ __
<br /> ' daes nothave to do so. � -:
<br /> Any amotmts d�b�ased I+Y Le�dY�u�der ttP��ia p�graph 7 shari�OOme additIonal debt of'B.o�rowea seaaed by thi�Sepuiry �° -.'
<br />-::.� ..,�,i!�����,.,;:,.�:� Ins�nt UWess Bmmwet�nd�ag�e w otltcr teams m��yme�at.these amomtts�i bear int�st from the date of �_,,---'=-----
<br /> � rf�t><< � �nea�at thse Nat�rarE aad s.,�Ib�.qrayable.with intraest.a��u�ce from L�d�r m Bor�er seqnesting DaYmeat , ,- 5, _�.
<br /> "c � . S.Mo�tgage Ins�smte..If Leaader required martgege msarance as a a��:tan of maidng the Ioan ser+u�ed by this Sec�ity �---.---____
<br /> �, � Instrament,Bartawet�3 DaY the�iat� tequired m ma}nmm t1�s c�r6a insutance in effect.If, for any reason.the - _
<br /> ' martgage�ce cav�aSe requ�ed bY l.�dea laDses or ceases tA be in effeci,Banowra sha11 pay the p;eminms reqa�fl to . .
<br /> � obmin oaveaage sabslantia]ty eqaivate,nt w the mmtgage insur8cc��vl�uslY in effect.at a cost snbssanti�alSy eqnlva2ea¢tt��Le . _
<br />— . � wst to Bmmwer of tlie ma�tgage insw�anoe previausly in e��,�rum an sl2�nate mort�age a�snrer appsoved by L�rdrs.If ..
<br /> ' � sabsta�►tially�ivaleat mortgage insmance coverage is aot av�able,Bmmwer ffihall paY w Lcmda c�cb�am�a sum equ31 tn — ---
<br /> on�twelfd�of the yearly mottg�ge insuraace premuun being pald by Bmr�acuea�hea�the lasurance cave�aage L�ed ar ceased w • : .
<br /> �,�� �:,� - be ir�effeq.LenR�wiU accept�use and mtaln thes�payme�ts as a loss reseaae in tieu of mvrtgage ins�anc�Lass r�ve � Y{��'
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