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<br /> - . . -� ��da�nd a�Pmg�ty Insgraata Bau+owea sha�keep t6e irt�mvements now eaistmg ar 6eteai�er e�ed an die Ptope�ty �
<br /> � .:�. �':T iu�uet��ta�by fire.P�ds inciuded wethia the trlm'eateaded oovera8e°an�any oiher ba�ds.includi�g floods as
<br /> , :°`. �; � �OOding,far whirh Leader r�uires insuiaace.l�is h�s�uance sl�aU be ma�ed�n d►e amownis a�d for the pe4iads Wat Lender `=
<br /> -�';�-'';.,�� require�'if�e�ca�sies�vid�g t6e i�sm�e sball he chassn bg Botrowed su6,ject to I.endeer"s a�mva!which s02U aat E
<br /> - be�mceasaaably wit�hetd.If Haauwea fai{s�o uuaintain ooveaage de�ed above.Leuder may,at Landes's aption,a6t� F;
<br /> °`;-=:�..�`�`�- coveaage tn p�Laa�ids�hts m thePtopeity ia src�d�e�vith pareg�apb 7- • �'
<br /> • � .__�,� Ati�nsu�anc�poHcies an�ren�+ais stratl be acceptati2e tn LeadPa and shall�nciude a standffid maitgage cisus�L�der sLari -
<br /> ` � 6ave the rIglst m�anid rhe poticic�and rea�If Leud�mq�,Boaaw�stmD pmmptiy give oo L�d�aII�of paid �
<br /> � . - . pr�uns��reaea+al aotices.Jn the ever�ts of Uc�v.Bamnwe�s�a.0 give gmmpt notioe m the ins�uaaoe cmaer aad I.enda I�ndrr �.:
<br /> -':`��-�=, -;.: may make pmof af I�if nat mada P�P�Y�Y Ba�ow�. -
<br /> ';s� �� -" iTaiesg Leader and�aaawer aFhe�vise egree in wri�g.ms�a¢c�e p�acee�s s�aII be applied to resoa�aaon or ce�ir of die _
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<br /> ,-.';��,�_ _ ^` ptuperty.dmnage�,if the m�aIIa�n�r tepair is eoonomicaIIy�Ie ausi Leadds�is not te�eaed if the�an or
<br /> : r�air is noi ewaomir2IIy f�l'�c�LEad�'s secmilp would be�d,.t�e�aance proc�eeds shaII be applied to tAe snms �
<br /> .<:'�.`. �: secated by t�is Se�amap in.�t,wh�ur nnc d�due,with a�r �ess paid m Bmmwer.if Barmw�abaadoas the _
<br /> P�op�rcy.ar does¢at�rsw�w�a 30 days a notice fmm Leader thzt tt�e�ce c�ea 1�off�to seale a ci�m,t5ea
<br />-:':;` -,; ,. ' L�der u�y oolle�t dte insmau��oeeds.LaWer may ase the ptaceeds cu�or r�nre the Pcape�ty ar m pay st�s seaued . __
<br />' .'r�;.": '='.'�4` by this Ser.a�iry Ins�ument�whetheiar Rot theu due.lLc 30�day peaiad a�71 b�ui wbea►ti�e notice is given. -
<br /> UnIess Leader asd Borco�ver,o��e m writing.aaY�F����F����`�not eatead or postpane -
<br /> . • ,. ,�� the dne da�of die�ly payments iefer�e3�e�c ta pacag�aphs 1�d 2 or ct�ange the amo�mt of d�e�i-rc�at�.1f unde,r ga�g�apB �
<br /> ;..t���.� 21 the Pmpeny.s�bY tead�,Battaa�'s rIght to any u�uance policies aad pcaceeds r�ta�,��from da�aSe ro t�e
<br /> •� �� � pmpe�-grior tu�.z�4msitimn�ii pass to I.emdea m the e�ct�at of ihe sums sec�uect..��this Socarit��e�i i�mmed'ratelY
<br /> , `,' .. '�' �tmtiie�cgai�an. � . ..
<br /> �� ����=��:�:: 6.Os�p�sy,t�'v2II�+?bl�aint�ance an�Pr+atection of the Propi�ty3 �'�'s I.oan Applka4ton;_l�e�ho�
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<br /> � ...;� Bonowea sLall�-�i�abliSD.�d use the Propeity as Bairawed's pria�pal sestdeuc�witi�sbay days aft�the e�tcamian of
<br /> J _ dds Secadty 1ns��3�ad�hall camtinae to axapy the Pmpeag►ag Honoa�a's�rhx�al resid�nce fot at teast one year aftar the
<br /> ,;`c.;;;;.:,! - '.,1_ date of aocaipancy,�ess 1.�,��49c�wis�ag�es in writi�,g,vvhich oc�•�ff�a�t.be uareasonably witbhe�,or antess
<br /> .F`, � a�taauabng chr�unstances ex�¢i�i�i are bey�+d Bonower'��nuaL Basavie'r sYt��A;a¢�ttoy,da�nage ar impair t4�e ProD�Y•
<br /> • �:�: allow the Progeny to deteaia�;ezt.cammit waste oA the Pcapeaty.Barm�s?�;R#���a defanit it any forfeimre ar�ion adr
<br /> . - �•,,• is 6eam�de�t in L�d�'s ad faith' .�snit in f�fei�re of the ai =
<br /> � ,, P���+�vhet�ec�v7 or esimmal; o Eo ���� �P�Y =
<br /> ';��i'. otherw�se mat�:ia�pair the liea cr�ted E�t�Seauity InsOntme�t ar Yr�''s��te�.�wer may caae s¢ch a ..
<br /> ��. � defa�ilt and rein5t��3z;�s pro�►ide�,ia par�g��8.by e�asiug Qta s�an'at���o be d�wUh a nrtid�tLat.iu �-.,�. : ,„
<br /> ` : i,�"��ood fa�i d��am�;1��s f�feroue of tha Boauwer's int�a�pr�h?]�,�eStY ur other materiet�m�t oi .�� ,
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<br /> ''`��;:;'. �." . ..�.� the la�ixeated by this Seattity�mun�t ar l�der's secarity iatraest Bomowea s�i�7so be in defaoTi if Bomo�.�um�g the _.
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<br /> � ;•r Inan applic�tion g�,�►e mareriaIIy falss at inacc,�ate infmmation or ssa�ents to I�eudea(at fa�ea to psavld$1.endea witb _
<br /> . � ••��: �y mateaial�n)in connecdon vrItL the Io�evidatcet!by tSe it�,inttudmg,bat noi Iimlted m.repr�sen�rimis -
<br /> � �' conc�niag Bana�'�aocupanc�r qf the Pmperty as a pr�ipai resideuoe.i€t#�;Security Insw�eut is on a leaseZtold.Bmmwee =
<br /> .�. . .` t� shall camP1Y whi�si�o:ce pto?�ir,res of the leas�1f Bor[owea acqa¢es foe title Ln the Ro�eriy,�he iease�otd aaa d�e fee aIIs st�l _
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<br /> : not merge aN�l�ender agte:snar i�ia aierge�im writing. -
<br /> ,�;;, . ,,�:; 7.Frntec�on c��,ende,r's�in the�pe�Ry. If Smmwer fm'L4 to perform the oovenants and q�ts c�nta�aed in
<br /> l' r �� ,� @iis Seaulry In��.ot thete is a legat i�S��Y���Y�e�Leader's right4 in tha Properiy(sncL as a -
<br /> ':�,z!i`,� '�.��. ,� p��8 m 6��Y,l�bate.fot ooa6r�:�nn ar fotfeiwre ai�u enfoioa lawa or Tegalettnas).t6ea Leadcs m�y do and Fap
<br /> `r3�`"�:``-' fos whate�►ea is necessffiy to�tbe vatus of tha PraDarty�d I.eades's righis ia the Propeny.L�ndea's apinns may insdade
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<br /> � � �.;�::���� pay'arg any s�ras secarc4 Dy`�I�which Ga9 prioriry ovar thia Secarity Instrumeat,aDA�S m oc�mt.payhiffi•ceasanab2e
<br /> � . �,, sumneys'fees actcf�.��an 7he Propeny to mage repaiis.Altnough Lender may ta�e actian aa8er this pa�aph 7,I.emder
<br /> . doesnothaveto disz+�;.
<br />- � '� `� Any�no�'��nrsed by I.endea mider tbi9 Daia�rapb?s6aU beaome addifioaal debt af Baimwer sewred by this 5e�uiry .: ,
<br /> ' ;.. :!•:� � Tnswme�t Uniess�oirowea and Leader a�ee La otHer tams of�ymeat,these muoauts�Aali Dear in�eaesi from the date of �. ,
<br />- �,�;,8• ;� .. dis6msemc,nt at the Note tate and sha11 be payabI�,witb iaterest.npon notice frolu I,eodea�o BoauwPa reqaesdn&PaYa�eart
<br />_',,F'��'. - . - 8.Mortgagm Insaranoe If L+catder reqauod moltgage iasmmaoe as a candidon of malaing We Ioan secuced by ttus Secarity► -
<br /> _- - -- -: � tn�umea4 Bon�wer shall pay t�psemi�ns re4ai�A oo man►taia�mo�tp.age Ins�aaace la effect If.fos a�► ceason.the
<br /> �::.. . _:��'�„ mortgage ias�raarae�overage�qui�ed bY Lertdet lapses or ceases w be in effect.Bnctower shall pay the premiums roqused to _
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<br /> :;;;;;% ., ��. �� ; obrain ooveragc sn'bst�tially eqafival�nt tn the maxtgage ins�uanee prevtm�siy in effep,m a o�t sab�atiialty eqaival�t tn the
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<br /> ' �t:�,� - Cast UI SDfiOwe.�Of the mOlf�k iflSlli8il06 pcCVi0p81y bl�'eCi�fmID eD 01U�eIe mort�$0 ilIS111ed ep�iovCd CI�+.L�¢d4d. If ,
<br /> -,`��•` � � '� suDsC�IY��►1�ort�Tr,�ance caverdge;s na�,�c�1�Baaowea sLall yay tu Le�Qea each manth a�.eqaal o� .
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<br /> `��� , . ; ono�twelftb ot c�te 1eaztq acast��ce�amium br,�paid by Bo�wer wha►ti��nsurance cover,aga lapsod or cease�tn,� _
<br /> � .: � ' � be in effect Lerrefac wiU aresp�.riso an�rerain rhese paym�ts a4 a l�caaeave in li2v of mmtsage Insurano�.La�s rhsa�ve;. -
<br />-- . .� ; Form808�9l� �. . �:
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