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<br /> '. ' S. �urd otr Frogepty iasus�nc�. 6onower shall �eep th� i�provemeat� aow exisunl3 or ftereaRer e�eeted oa tIIe.
<br /> - praperty insured against tos�aS+fire.hazarAs includeA within�he tetm'extended covers�'arW any other ha�atds.�aciuding `
<br /> -�-�'- ttcmds or Quoding.for whi�h t.eIIder requires insutauce.'[nis iasurzncc sbal!6e mai.ntalned'm tM e�uats asW tar the pedads
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<br /> , t�at Lender requices.7tte inswaacc carriet p�ovtdia,�the ias�u�rnce s�Latt be ch�1rY 8orieower sutsjsct ta I.�er's ap�m f
<br /> which sh�ll not be�nieasonab2y avithIleld.If Borrawet fails m maintaia cover�ge d��b�d above,i�andet maY,at l�sadet's� .
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<br /> optian.abiaia oove�e to protect Leadec's rigttta in the Praperiy tn s000rd�aF��P��• �,,.�,:�:�-�
<br /> � AIl�asurancc Polisi�ans!teaewals shatl be aco�tabte.w leader aa�shaU iaciude a standard mortg�ge clause.Leuder� :�h�F=-.
<br /> � .,. . tl �ce tu IeaQer a11 re�xig¢s of 'ir►�=-
<br /> ;.;<<,t;..��:,. ' sbaU nav@ the right to hold ths policies and c�evrals.If t�eader re+q�tes,Bomuvrec sHaif pramF Y� __-__
<br /> pai��iemiums and renewal noaoes.tn tne event of l�ss.8onuwer sdall give promgt aotice w the insu=ance cazrier aas!L�der. __
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<br /> . },�er�nay ma&e groof of loss if nat made promptiY bY 8fl�tawer. •
<br /> � Unless Lendec aad Emsoa►er othccuvise agcee in writ�ng,insureuse Pracceds shaU 1�applied to se�osadon or nepair.44+i�
<br /> , , pcageccy damaged.if d�e cesroradon or teFair is ecanomicallY feasible aac!Le�dec's seauitY is a�lesseae�f.If the rPSwiati�n or . .
<br /> ... `` rega�r is nat economtcallY feasi'b2e or i�eader's seauity wanla be tes�eued.the insu�ce P��$Ua11��apgtied to tLe sums __
<br /> .. sec�u�ed by t t ri s S e a u i n►I n s u�e n�,whether or not tt�dne.wit&aay exaess paid co�mwer.�t��Bcamtiver a�amdons the _
<br /> " • pcnpeny,or does not answ�i ari t ti n 3 0 d a y s a uot�ce�om Leader that tIIe insurance cartiet Ims.oNe;�e��to s�d i i claim.� -
<br /> ' Y � 1,euQer may aollexc dte insur�ce Pm�e�s. Iender maY.use.tde�m��•��or,�stase�•tt[��Pcay�lR. gaY "
<br /> ` ' . �py�his Se�iry Tasnnment,wh�her or nnt theu due.The 30-day p�iad.wiit'UegtA wheu aIee aesi�.R���Y�+- � -'-:
<br /> Iic�Eon.ofl w prtu�;�� euend�as , °
<br /> .. Unl�s Leader aa�'Bofrovrer oti�twise agree in�.wridng. aay► ePP � � ---
<br /> postpane t1�e due date of the mnnthlY Paym�refened to ia para�pl�s 1 aad t oa chaage the amau�C�+f'�iia'p�m�te•�
<br /> • � ;; Leader,Botrawer's rig�tt tn�uuy Ins��ce Qolides aad Pxoc���B�
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<br />... , . �'"��..:,., . uadec par�gr�21 die Pcapen!► acqu�d bY �:"
<br /> , �����r�shall gass ta l.e�der to the exteat of the�ats se�ured by tbis�9�
<br /> � � �. �w �f *ww,. t�,,�,,.� � : ..
<br />- (r.� isi��oLL0E1f�8n�i�usiWU+s�YL�i+�°i""Jf DV��PiZ$Wav�i�W+�' r ._-.
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<br /> . . , I Bosraa�res�i�aPY•establish,and+�=he Ikop�rry as Bomawer's prinapal�esideuce within simY days� �,.
<br /> � t gus�ci��nmeat.an�shaif oa�e to accugy the Pmp�tyt as Bosmwer's prindPal�for at t�ast one year ai�r
<br /> � witbhetd.or tmYcss � '-
<br /> .�" � " .:: d�date����taY*tml�I,samder othemise agcees in cvrttiag,whicb oon�ut shall�nat���IY � _-
<br /> sa s coauol.,Snaa9�tt S1�!�u eIesav3►• dama$8°t imP��!!�:
<br /> � � ���.�sist.�rhich aze beyand Bonawes' , 6e in defautt if any► fo�tfeiuri'e' --
<br /> _ ,r�f � �,.��_�jjLn,�i��'(0 QCieiiCTBICs'QI CC�S���1�O�D.t���•1�������!��H in fisTfeitutE-(f�•tjYB
<br /> t` i �tiLM�i Ls��sw�ao'�w°�w�.�wlr!!J7�°�!t�S.""') " ' �� �
<br /> 's v` 'k 8t7IWfl UTc��+WZIC�t�L..t�f fC��N110P�7II1ID8Ir R�� J ' �p�,BOl���1}A��. � `-
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<br /> � ���'��'` �;#. �cuce such a�i'a`ult�M seiastate.as pzaa�d 3n y�ragrap bY. . �1�'�� or eLhez m'�b�3 ■:
<br /> •� . � - � t�t,�in.lx�dar's gaod faitD detesml�oW��Ci�fo�eitare oi'�t3�'��ra�ro�i"a��'i�at���OS�Y :,, :
<br /> �`� °:•°. �:::..� :•� is�g�rmeat of the lir�creat�d hy tLis Seciuitr Iast:amem or Leader's sea�rity in,'e�t- Bo:sawer sDaU also be�a defauIt if �
<br /> . ��_ e materialtY fatse or inaocattate iaformatioa or�+,�*�^",r��p l.ender(or fa�ed
<br /> . •�:.�•� • Banmver,duria8 the ioaa applicarior�p�pc 8� including.hnt aot limited �_:
<br />' . �� ta pmvide Leader wIth anyr materiat'_ut�c�an)ia co�ctioa wlth the toan evide�ceA b3►the Note, Iasaumeat is aa a
<br /> ;,�.,:,:: :�. �, .��. ..; ,�y�vas con�e�ning Bo�aa���ocatPaacY of���Y as a ptiacipal iesidenoe.If tbis Seauig► _-
<br /> ��� ,:t�tto2d wec the pmvistons of the te,a�e. If Bomawer acqulres fee dtle w the Pc�apeny,the
<br /> :�:,�;t;,�A,,.:_, R '� , Boso �1.. Iy��tvi�Ji�aU . =_
<br /> ;. �• �� unless Ixader a�g�ees to the merger ia ariting. ..
<br /> :�„h i s ' •� � .��oltl aa0 the fee ri1�r'��{�m�the E�eriY.If BotrBwet fails to perfotm the cove�aAis 2wd��D��� _-----
<br /> � . � 9.Avtectlon ot�4��� ����cantly affest I.ander's�p,�ts ia�he Yro�ect7l(sucd�as a
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<br /> �� '�'" �,:�;��• � 'oa or farfeimre or to enforce lawa os regut�tlons).
<br /> . : �:��.: '' • Date,far.�ndemnan ,�¢d
<br /> �I;'ii�,P='o maY Acr
<br /> �!'?rr�, ' �,'...;�, and I�Ader's dghtS iII i1i�I�clpesty. IRIIdei's acdan�?�sY -
<br /> : :�;+f. �L1e value oY Ihe Ptopecty �:
<br /> . ...;,:;�, ..;�:�ay for whatever is necessar�►�P��.. over tbis Securiry in� �P�in�mn, Fatying --
<br /> .. _ �"�;�;. F .� . .:iitictade PaYmB �Y �secused.byr�a iiea whi�t,,6as prionty ta�2stian as�•!Dis Da��aDh .�,....
<br /> ' .� m���i:;�,;;� �s �easonable attorueys'fe�.a aad emte�Ira$aa�tlse Pro�to make iepairs.Althoogk f�aEt,�'ms� . _
<br /> . .: �3 `�`- 9,Leader does not have co do sv. .� . . . � '� . .. °
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<br /> � � r' q '�. Any;amoutus disbutsed by d.�uader thia paragr�h 7 shall bec�me mddiriwniat.!�4Y So=m�'ear'Seau+e�6�+�this . _
<br /> ,�:`���. � . g e a u i I a s n i�m e a t.U n l�B�rc��d t�ader agr�to other terms of paym�:tttes�.atus��aia shaU bex#inteiest(i�the -
<br /> . . �► abte.vrtth iatezest.a�n a�i9i�frt�Leader t o .;. .1�c u�±e r c�i�s�n g `"'
<br /> � - date of disbursement ai r�d Kace cate aad shall be pay . . .. . , y;;r,
<br /> 't ,".:,;.,.��`•►'-`} �Mo , ��e Ios�rnnce.If I.ead�er tecN Ba8 mafin$the toaa s�by tbie�cia�aity �'_
<br /> , •�. • tred mort e iasur�ce as a condictoa of �=-
<br /> ��J,r�:,. ;i� � ums r�quired to maintain the mottgage IasurancC•Gpeffecf. U,for aay �`; � `A'
<br /> . • :?,�a�,;��;;,i�• tnsttumeat.�Borrower shaU paY ?�� a the remiums[eqtfi+iL�w � '
<br /> �, mortgage Insuraace ooverage required bY Lender lagses ot cease.a to be tn effect.Bmrower.�nIF paY P
<br /> � . ` oMain oovetage substanttaUy eqnivalent to the mortgage insw�ance Pi�evlously in effect,at a�t sobstaatiall��►aI�r►t�the �__.
<br /> �. ',,�`. . u�svrance psev2ously in effect, fmm an altetaate mortp�imsv�r appcaved b]►i�r.If
<br /> oast to Barrowes of the tnartp,age' ��-
<br /> � . substanlialtY eqn�valent mortgage iasuranee ooverage is not availabte.Barcower shali pay tv Lea4er eard�s�tt�a sum eqaal to �•.
<br /> � •"'��`' ' oae melfth of thQ yearty mon�ag�insuraace Piemium AeinB Dald by Bonawer�vhea the.insuraracce coverage tapsed or ceasal to , ��..
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<br /> � Be In effect.Leader wIU Eceept.use and retain these payments as a loss reserve in iiea of m9rcgage insurauee-
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