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<br /> .o. � S.Haanrd or Peo�a�ty Iasur�nc� Baaawer sbari&eep the imp�avemears now eaisting or heieaf�r erecoed on the pmmpeaty . -
<br /> ., , ' `:; iasu�ed against Iosq by�haz�rds incinded wIdtin the term°ext�nded oove�aga°m�d�y othea Gaa�rds.incdtding flflods ar -,�'w�,
<br /> i �. IIaadtng.far arhtc�Lendct ceq�ues ms�uaao�'ll�is inwnm�ce sbaIl 6e maia�is�ed in the amnunts and far the pe�iods diai L�eader �« .,,
<br /> , " ` tequires.'Ate�nsur�ce r,a�rier providing the iasurance sLail 6e chosea by Bmcawes sab,�tu ir�nder's a,ppsoval wluci�shall nat �: �f;
<br /> � `. � ir� u�asanably withheld. Tf Boimwer faits m main�caveiage des�ibed aI�ave�LeaO.ei maY,at Le�der's vption.oblam ;__„`'°
<br /> . . wverage ta pmt�x Leadds�ights in the Pfrapetty ia acxardance a�Ith g�ab�rapL 7- �''-`;
<br /> � All�nce policies and reneatals shaII 6e acc�tal�Ie m Lemdei an.d sball Iaclude a sr�dazd mortgage clause.I.e�der s6ari ,. i�.f.
<br /> `b �•-, eave the Yighc co tcold rhe policies mna re��wals.lf t�uder ceq�.Honower sbau vmmpdy►give co I�adei an�af paid -
<br /> - , preimiums and tenewal noti�es.In t1�eveat of loss.Borcawer shall g'�ve psampt notine sn the iusura�ace c�ier and I.eader.L�der �� : �-
<br /> - � may matie pmnf of toss if aot madeprumpily 6Y Baaowea. �"`'.-
<br /> • � - UnIe�s Lendea and BmomNer atha�wi5e ag[ee m writiug.inm�ce Pmo�d�sdall be epp}ied w t�estataiion ar zepaa of the -
<br /> ` - �F�Y�ed.if tl�e ie.smlasion or:ep�aa is�c�itY fea�Lle mid LEadcr's s�uriry is not lessened.If the�oaaation ar - _
<br /> • � zepair is aot ec�aomically feasc�le ar I.�dec's sec�uiry waWd be 1es�aed►the insiva�uce proceeds s6aZ1 be applied w the snms
<br /> 4,� �, _ s�by thts S�auity I�t,whethes or aot Wra duc.witti any exoess paid w Baaoaver.If Baaower aba�dons t�e =_:--_
<br /> ^ Pmgeaty.ar dass not answer wit6in 30 df►ys a notioe fr�Lender t6at the insiasnce�6as affeced to seqte a claim,thea
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<br /> .. � Le�uda may ooRect ti�e mssoaance paoo�cTs.Leudcr noay nse the pmoe�eds o�repaa or r�p�e the Pr+opaty ar w�y smns s�
<br /> ' , ':;:�'� (ry tL�Securiry Insu�.vfieth�r ar not�a dt�The 30�day Ferindw�l begin wh�a the aorice isgivea. -- -
<br /> --. ;�`;'�� lTaless Leuder and Sormwer othawise$gcee m writing,anY BPDlicafion af piuceeda m�ai shall nnt ea�n�os postpone _-
<br /> ..��' �dae date of tf�e monthly Qayments refeared Go in parag�aphs 1 and 2 ar c6ange tAe amount of thepayme�ts.lf nnder pa�a�ep� �
<br /> �.;.,,`�r; 2t the Aiopeaty is aoq�ed Dy Leader,Bormwea's rigiit m aay�nce pnlicees and pmceeds re.snitiag fcom damage m the _
<br /> � . � , �.ti. ��Y 1�m the ecqnisiaon sLaU pass m Leadex w the exteuc of the soms se+aued by ttris Seanrit�+lnstrument�afetY =.
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<br /> . �;�:�,%� 6.Oocu�aIICy.pres�rva�a�•Main4¢naace aad�t�toa oYthe P++ap�tyi Bamawe�s Laan ApP1�Ia�tRas�o�d.a
<br /> . Batmwer�aD axaDY,cs�tFis�,and ase the Propeaty as�rower's prInc�al�ace within siaty daYs efter die ea��tioa of
<br />.'..�c- �` � tbis 3eauity lnsrrumwt aus�s�ari cont�as to oaapy the Ptoperty as Boaowps's pr�pal�deuoe for at Ieastone yeai aftea the
<br /> � . ' �;,,��,;,-�.� dare of ooaa�acg,� Lea�der otheawLse a�ees in arn�g,wbich conseat s�il nat be�bly wU�el�.ar aaless
<br /> �;�f� ` extQnua�ag�ces e�st aif�cb s�e beyand Bortawea's confmL�am�wef shaII not destcoy,damage ar imlr�r d�e P�o�',:.,;
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<br /> �'''�� 4, �� alIa�w the Piu�aray ta or c,ommit wasts on th$Propectq.�a�racvea sbaII be in defaait if�►y f�feauue acxio�.c�,:.
<br /> - r�naedm�r.whethe�civ�anr�al.is begnn tbai m L�a�s's good faith jud�ttent couId nsulE in foQfeiu�ue af @e Pt�oPaty�'^..�:� _- -
<br /> � --���� � .��rise mai�ialty im�ir��n created by�is Se�Insowneat ar Le�da's seareityt mte�est Botmwer�sxue sacu a �,
<br /> ,.� `' . �'eiavtt and tCiastat�ag paovIdeO ia.g�b 18.bY�B the asxion or proceeding m 6e�d��au��t0ai.in . _`_
<br /> ` �" I�eaaea•s gaod fai�de�amiaaHon,P��mrfeiuue of the Bomawer'e utt�st in�he Property or c�r marec�al.impai�n;�
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<br /> . :.:,A. �dIC�1��13i 1�3 SCG�tY�:`�LG4dR'S S��Illy�t1iRCSt.BdIIOwC�8}l�l SZSO 11C IIl dCfSS1t 1f BQIIOW@[.d�$f�iG'.
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<br /> y �dS�C Ot InBCC�fBfE 1�d�dD OT SCdt�Q�tS�L�d�(�T f81T?d W�110Yi.C�E I.��dCY A3� ,
<br /> Y; '�,� �ma�rial infom�a�onj�`c�� wIt1�the�aan evidenced by the Note.inciad'mg,but not limited tv��r��or�s .� .-
<br /> �;� .:-� `�,. t; conc�in8 Baaowea's oca��y of d��ty as a principal reside�ce.If tTils Seauityr Ias�nmeat is on a Ieate&ot�.8anow� �-
<br /> ' ,.'.:�;. :�;:,;,� i sball comply with aU the provis�ans of t5�1,�If Barmwe�acqui�,a f�ade w�l,e Progeity.the lease]�o1d and the fee dde� ', --
<br /> � � , ,�'.�.' • aoi mag�anless l.ender ag�ceees to tho�r�wridn& . _ —
<br /> _..,�:.' '( . "."�:" 7.Protect�n of Lmder�s R�h��n��P�Y�t��auawer�S m perfom�the oave�m aud a�m�ts�neA'm =..
<br /> .. ' �2 -�qr SecArlry Ins�L or @�eae is a Iegal�pmo�.+�u caay significaaily affect Leadda tigbts ia�e��r(sucb as a �--,
<br /> • . , psoc�in8�n ban�uptap.P�obats.for twadeannatian�f�afeimre oru►eafo�e Iaws or reguladons)�th�I.e�darr�aY du and pay � ' __
<br /> .: �:";;�� s;� , for wbatevea.is necessa�y to piote�t 1he v�of tha Froperty snd 3.�cr1a's rights ia the P�+ape�+ty,II�cdds�may include �•_`
<br /> . . `{�'�;� .. OaYIDB�Y sums aec�uefl Dy a li� cvhi�La9 prlority ovea tbis Saw�ity Insnument,aPDe�i�,�B?omut.Pa3►IDS r�s�a6le � •_
<br /> - atmmeYs'fee,s and e�t�ing on�e Propaty u►make n�pairs.AltIlough LeaQer may tak�a acti4n mu�tt�s pmagiaDh 7,iende,r �
<br /> dOC3 Q42�'d1lE LD QO SO. ` �,�
<br /> . �... �'J AAy�uormts disb�by Leadcr aader thls pffiagraph 7 sball beoome addit3onal debt of Borrow�r�by this Seauity
<br /> � ��...�.,� ; U�a�e�f.Un�s.v Bmmwa end I.eudcr ag�ee to othea teams of yaymeut,thcsa amonnts sba?3 t�interes�trom the date of :�;" -
<br /> ' disb�►eat at t�e Nota rase and s6all be payable.with inteaes6 apon no8oe from I�ender to Ba�:eqaestimg PaYm�L -
<br /> .. 8.Martgage Ia.4araace. If L�der requlnd mortgage ins�ance a9 a coadiflan of making the ioas secuied by tbis Secqrity �..-'
<br /> � � � IJLSaIDaen�BOaowea ShaU yay We pirminms[equi�to mainmm the atMga,ge irlSiueacC in eSfect.IY.f(�r�►y re�asDn.Si6
<br /> - � to be in eff Bmrawea s6aU the requireA to ��`:-
<br /> . . moitgage insm�ance covesage requlre�by l.eader layses or ceases ect. PaY 6�
<br /> •. . � . obffiin cavaxg�suDstanWzity eqnivale,at to tlte m�tgage insuiaace Dt�►jousJy in eifect.aa a cost s�abs�aTl.`g eqatval�t tu the
<br /> .`:.:;;;:., . oost m Bmmac�er oP�ma mastg�e�ce vreviousiy in eff�t.r�cx an alresnace mongaSe�ey�myea by Leuder. IP
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<br /> � �•'Y?r • substaatiatiy e�tva2mt moitgage ins�u�ce ooverage�S aot ava�ab2e.Barrotver s�aU pay to Lead'�each moam a sam equai w �
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<br /> � � one.taredf�oY the yearly mortgage ins�mce pcemium befig paid by Bormwez wb.aa tha ms�aare oovera�e tz�ed or oesse�to
<br /> _ � . .� be ln effea.LenQa v�1D aeoegb use and retain thes$paymea�ts as a Ioss reseeve as lien af inearg�e,n�*,�,� Loss res�ave
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