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<br /> � '.►r.BSE3T�Td OT P�+Q�STIjr IGSlttBIIC& HO2IOWCf 5�11�t�C 1tIIpI8tl8tll �� �� ��8E:S73CS}� ���•'`� • _
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<br /> � .,�.�y: �f14UTC4 ii�'811LSt I054�}I e1iE.�ffiId3 tII�lId&�withIIl t�lC CCtm°��COV�i,gC��Id�y Oth�h2�Td4�!1lCtl1�11Lg QOOQS 0� •� ` �'. , ..f ` .r;
<br /> fieodil+g.fOT whicb 1 eIIdCt c2quue.4 in5iva�11tis incen:,ne�56a11 be m3iit�ti�lcd�the 8utmutcs and for the peiiad3 t1�3t Le1dCr `.`
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<br /> _ � � �oquires.7'he insur.�atce cairiet providing t�e iatinaace shall 6e chosen 6y Hor�ower sublect tn i.e�dar's appmval�vhisi�shall aot ���"'�`
<br /> �e unre�onably witt�AetQ IE Boscower fa7s ta m�inmin caveage des�ed above. i�ad� may. at LeadePs aption.obtain ' . � . .
<br /> �� covrrage w pmtect Leade='s eights ia Ne Rcpaty in�oe arith paaa�a�ph 7. ,
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<br /> ,,: �-. All insw.ruse pal�ie,s and renewatls s�a!!Ee acce�tabte to Lender and saatt iu�tude a staa�d racrtgage ciaus�Leader sbatl � - = .
<br /> ` �� z };.'�� I�ave tlte rigAt an hoId the potides end eeriewals.U L�cnder requims.Huimwer s�a2i W'u�►PtfY give m Lender all rece.ipts of paid L.',� . - -•
<br /> =�.'`f�"`�i; pm��s and renewa!acti�s.ln the event nf la�.Sorrower shall give pmrnpt nutice m the�nsurance cazrier and Lead�Leeder "-. ..��
<br /> , �.- :c<�_• e d -
<br /> s. `°;• rAaY m3ke ptoaf of tffiS if uotmEde prompHY bY Horro�rer - < `:-'v;_
<br /> .. UA1�LffiQer eud Bflaow�otheewise 3g[ee it�w�in$.iasulB�Ce pmte�ds shatl be sppt�ed to�n ot[ep�ir oI dte "n''
<br /> . � . �� �F�Y��ed.if tlte ces�arion ar r�air is eoo�miaatIy feavbte and Leader's sawrity is aot Iess�ed.If thr��oa or - .
<br /> - - - �air is aos eoonom�ty fean'6te or Lendra's security wanld be I�cted.tlbs insutance proseads sLaIi be syplied to t��sams - - -'.�`':�
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<br /> .. _ � SRtured by @i'L4 Seauicy Insuum�� whether as aoi tIIeu dae. wltL aAy e�ess peid OD Soimw� if B�oc�abaadmns tQe �<� . .r;
<br /> <t� , �; Pra�ecty,or does uot answ�wirhin 30 days a aoace 8om L$nd�r thaz the�ce�has offe�to seute a ciaim.then - _ .,�-.^'-.
<br /> :�`� Lertder may tsl�ect the a�smaace ptac,eeds.Imd�r may ase the y�oce�ds Uo c�or testate dte Pcopaty or DD p�y snms sec�ud � `
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<br /> ��`; bJ►this Sec�ity Instenmea�whether or not dtea dne.'lTte 30-0ay peciad ev�begro wh�the uo�se is given. , . -�
<br /> Unlcss I.�der�td Hanoaer othenvise agcee in arritia8.�Y aPPlicarinn of p�oce�s to p:mdgal shaD noi extend ar gostgane '"� �`
<br /> -- - the dne date of the moathly payments mfened to in paiag�apLs 1 and 2 ar cdange the aiao�i of tiie paym�t4.If under pzia�aph . ,� '`, -.---
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<br /> ;;'.'" ` 21 tde Propezty is�aa�Dy Leades.Boaaare�'s right w ar�y msmauoe �ties and �vItin fmm k ,. �� —_-_°.
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<br /> � ... Pm�►Fri�s m the atx�ds�ian shaII pass�LeiWer tn the eatene of t�e sums sec�aed by thds Setvtity Insuwa�nt im�ediateiy ��, ° ; _ _-
<br /> � ��: �% prior m th�sc ,qa���s ��;,, � -
<br /> f � t 6�Q�eupanc9,�vattoa.h9aint�aase and fProtectiun atthe�toP�t9: Banuzr�r's Losn Appldtuttom;LeBSe@oidS. �y�r' ��y+�K;'`�f ---_
<br /> ' . Bormwer shaD(�j(� estab��(`� aad use tlte Proputy.as Hmrower s griacipal r�wuhin si�Y daqs aft�tt�e�esatinn of f �,: -
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<br /> tI1i4 SCC�It�/�CDL�Sh811 WIIUIIIIC UI QOQ[pJ►$iC PlOQ�►84 BOIIOVlQ'S pJmCl�tCSI�CC f�8I ZQ!!SL OIIC S/t�T 8�C[1116 �� 'hY'g�s
<br /> ;- - �r f'.� : date of acaipancy, �mtess L,endrs othav�ag�ers in writing, wlueh coat�t sba0 not 6e�onabSy arithhe[d.�an2ess -t�;."����i��`
<br /> t', .;-' eat�vaSag�e�dst which a:e 6eyond Hoaower's ca�uol Bo:mwer sdz�llll nat destroy,damage or�prair ths Pmpesty. �'� ",��'� -�-�.�_ .
<br /> �i,; E allow the Prapeny m d�ne,ar wmmit a+aste on the Propeny. Botma+et s6aU De in defaWt if aay farfenme sstion or I� i��:, ��;�
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<br /> r , ",;'; I�soce�ag,whether civt7 or�1.is beg�that b�L�a's ood faith' ��;1°' '�*
<br /> g ludgraent couW result ia forfeioae of tDe Pca�party�
<br /> �� , othe�se mataiaIIy�tl�e�ea�by tdis Seauit�►in.�uamt or I.eader's secuiity mt�s1.Borm�ver may aue smch a '`����;'
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<br /> �,, ,y dctanIt and ra�te.a4 gmvided in pamgrapb 28,by c�ns�g the aaron as pmoeed�g o�6e dimiissed aritb a iWiag that.in L ,`���.
<br /> �'f�,�<;;f• '?; I.endei's goad fanh d�,p�ecludes forfeiatte of tLe Bmmcver's�taest in the or arher�nateciai' of '�.;``"''•'�;
<br />*a�; %;�,ry,? , � ,:� Bie liea c�red 6y dii3 S�g TnsOtlsmeut at Leud�'S�aui�t iniereSt BmtOwet SheU BL�so b�e m defauit if 8 �� ,"''��r_`��,'. _
<br /> , r f;. . aao�rrer.dtuiag the �::�j_. .
<br /> �;c��,�;�f;:_ � ,�.;r. Ioan applicaufla p�oce�.give�a�aIIy false or�i�fa�matton or statemeats to Le�Qer(or fa7ed o�pmvi�Leadet with 4�'.,.-�}�%�
<br /> �= 6� :,,, � an material inf n in c�ideiued by the No mciud�g bu nat reprecen ^.'''�•`;��:: __ .
<br /> �, : a � y armatio ) ea�tteeeion v�ida dee ia� te. , t limited to. ta6ans b=,��, �-. ' `-
<br /> -� ' s�' concening Bosmwer's oca�panry of t�ie as a residwce.tf this =
<br /> '° , {i� P�1 �a1 Seauin►Ias�aent Lc on a Ieasehold.Banotivrr �.....�
<br /> 'i'�t..� � sbaII comply witb aII the gmv�fons of d�e 1e�e.If Bas�it�aar acquires fee trtte co the Firoparly.the Ieas�hotd aad the fee 6Qa shsU �" --
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<br /> ,�1 ; ` ttot metge tmtess I.ender�tn the merger i�t tvriting. "'�'
<br /> �a����� r � 7.8rateetion ot Lenater's Rights in the Ptoperty. If 8ozmwea fa�s to �'f``� "'""�
<br /> .,;��,��,, peafatm t$e oave�ants and agaree�ueat�cAn�ad im �:
<br /> �.:r�',��,?,.,�:`� . this Seanrity Inst�rramea�or tbeae is a Iegal Feaceed'uig that maY si�tty affect Lendes's right�ia the Pru�ty(sncb as a �., �_�__
<br /> � � . Pmceed�ng in ba�uP�S+.P�baze.for wndemnaunn os fodeimre or to�force taws ar re�gWauns�).then Lendar may do and pay *�,,�;� . ,- ~..
<br />�,,�,,��,�,, far wharEVea is necessary to pmt�ct the vafue af the Ptoperty and I.endea's rights m the Propeny.Leadet's actins�s may iaclude -
<br /> bS�+ a.��v . . PaY���Y SVms SeCUred by a Lt'ea wludt �34 ptiotity Oves du9 SeCUZily Tnctmment,aPD�B��11n.Da71�3 Ie�50u2b18 - -�A..
<br />��,����{ � aiWmeys' fces and euL�aiag cu�tl�e Prape�t�make re�irs.AIthoagh I.eades may tz�e action under this par�h 7,Leadet ;�',3�'s _� _- --
<br /> };t�i'�° '� : does not have to do so. . � ¢�,��'.. --_ -
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<br /> ' n;yi'c Any smOtmts�sed by Lznde.r a7dtrs Ifis�azagraph 7 shal!become addidoyal debl of Ba�a:.�z seaued by thi4 Securi�y -; ,....,�-° =
<br /> �� �''•, `'`t�,�l:,�'� � Iatmmieait UnI�i�amuwer aad I.eudet�w other tesrns of i L - _
<br /> , � .,.;.{�>.:. Payme�►t,these amounts shalt�moerest fcom t�e dam of __ __�.
<br /> u.:t �,:� , d i s b u r s a n e n t a s t h e l Y o t c r a t e�d s 4 a D b e p�g a b f e.w i t b i n t e r�t.a Pon no ti ce t rorn I.e n der t v Bomawer requcs d n8 Payment . _ --
<br />�' ��a,�.;.. .'. � 8.Filortgage Ynsuraace. If�ender reqused mortgage insurance as a wnditinn of makiag the ioan sacund by this Security � :'�.�;;w:"���
<br /> � ��'�. : T a s tr a m e��iasuraa��e��uired�L�der u i r e d m maintain t he mortgage insurance i n e f fect. I P� for any te�n.the -_,; ;�
<br /> ' Q� �S �& Y lapses or ceases W be dn effect,Bomnwcr shall pay�he pm.rni�uns rc�uirEd tp
<br />:�'��� � - � obiain oaveaage substantially er�r.ivatent to d�e mortgage iiuurance prcviously in effect.at a cast�6srantielty equivalart m dre . . _�
<br /> ;.��; i uuran -��..-
<br /> ,,;��'..: - . c,ost t�Borrower of the mait�ansurance previnusly in effect,from an altranare mrnitgage insu.-er approved by L�dea. If • . , . .
<br />'�{'Lai;;� � ,: substattdalty equivalent mo�rr,stuance coverage is aot available,Barrower shaIl . '
<br /> '��, one�twelfth of the e�I m l�Y�,o l.eadcr each mon�a sum eqnal to �3,�'4; , -
<br /> � Y 9 �=i�nca�Sranium Uc�ug paid by Bomowea whea�r.inswance covetage i�or ceased w � . :�,`�•-.
<br />-� �` •. . � r be in effect Lendca wU accep�use a�d r.�ta�n d►ese a ents as a Ioss ceserve in tica;af cao •
<br /> . .�� D `Im r'��.8 3nsivance. LOSS reserrE ' �ris�'�,�s
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