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<br /> "�, .; :Y;. S. Hemrd or Propzetyr ias�uanse- Borrower shatl keep the isaprovemeats now caist�g or Decealter erected on tR� �::; r
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<br /> , �� ' pmPercy tnsu�ed against loss by fire.l�azards included wi�hiA t�e term'extended caverage'an�!any etQer tiaraMs.inctudiag � _
<br /> - - floods or Eloodiag,for whict�Lender cequires insuranoe.T6is insura�ce ehail be maintaiaeQ in�he amounts and for the pedods a� �.-.
<br /> _:;:�.�`'�: that Lendet tequires.The insur�nce c�ie�P1O�d��������l��QSen bp Borrower subject to Lender's approval
<br /> Len�sr ma,y at I�ender's
<br /> - _ �vhicE sbaii aot be wtreasonat+Iy wtthtteld. If 8otcower faits m m�in�n�°vera�c Gs���ve. . _ -
<br /> . . . , opnon,oDtain ooverage w pmtea l,eadec's rights in the PcopertY in aceorQaace with paragrapA 7. ':.
<br /> All iasueance�olicies amd renewais shall be acceptabte t°LenBer and shaA include a standard unflngage clause. Lr,ader �;
<br /> . . shatl Lave the righe to hold ttte Poliaes and ieneurrdta,if Gender requires.Borro�ver sftali Dromp�7t�1�.��et all receipts of �.�
<br /> :en �
<br /> ,�r '- p a i d pread w a s a a d r e a e w a i n ntices.!n the evettt of loss.8amnwer s3�at1 give pram�t notk�ta the im�irmuec�rcIer and E�ender. -
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<br /> .�' teAder ma}+make Pmof of loss if not made promP�Y b7f Bomu��er.
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<br /> � - Untess lcnder and.Boaawer otheiwise ag�ia writin�,insurance Pt�s shati�e agpfied ta xe.atorat�on or npair of the
<br /> If i�e t�.swrasIoa at
<br /> • � � pcogerty damaged,if the restoration or r�air is econnmically feasibte and Lender's s�is n+�t�geasd• .
<br /> . , repair is not ecunomicaity fe.�bIs or LRttder's�secvrlry woutd be lesseaed,the insucance p4'�'�'6e aPPLed w the svms -`
<br /> � • secuned b3►tbi.s Seaauityr Insu�,whethet or not then Que.with any e�ccess paid ta 8ot�mer. If Borrower abandons the ,�, ,
<br /> ��: ptopecry,.ps does nuc ansuver artc�ia 3�'days a notice fram Lender that[he insurance cazrIer has ofseced to.seal L ciaim,�
<br /> �,�.�'. . Lendea may coitert the iasaranee�Fm�ds. Lender a�aY use the Ptaceeds to zepais or iestoze tb.e PtoP�Y P Y
<br /> � asar� ce 'r�
<br /> .�;���''�'. ..� y s���.�iy Ins�umeat,wi�thec or not then due.The 3U�ay petiod wN begiu wheo the nutice.is$iven. :.� _.�
<br /> Unless Lender�d�orrower ottterwise agmx in writing, an3► a�Plication of pmceeds to principal shaU not exteud or .�: :•..,.
<br /> d hs 1 aad 2 or c�aage the amrnmt of the payments. If
<br /> ` � �postpone tfie due date of the usomNy payme�s iefarred w ia paragrap � "'
<br /> � •��` .. ' • wider para$raph 21 the Properry is acciuired b3►L�r�Borrower's right to euy inauraace Polisies an�d pmo�ds s�lt���
<br /> y , on si�aU pass to Lender to t he extent o f[he s a m s sea�red b y this Searity� ". ''�
<br /> ++ ��, damage to the PropertY P�ior to the asquisid
<br /> .., ';,� . immediateIy pstor W the acQuisitiun- � � -
<br /> ` ` ;'�� f'� ond P►�otee�ion oi�he Pr�op�tg,•�a�asv��Y.uan APPUca4iow��ids. -
<br /> ,} 6.U���9.P�atiQ�°+�� as Borrower's al r�fd�ewitfiia si�cty►days aRer the execudnn uf ` -
<br /> Bormwer shall oeea�y.establisb,ami�the PropertY �Bormwer9� aI cesideu.ce for at least ane year aRer �*
<br />• � ' � � this Sceuriry Insuu��ud sflall watinue to oceupy the PrupertY P� . ki:��.._
<br /> ad withhetd.or onless
<br /> . • �' tM date tif�ct�aasY.untess I.e�er'�the�se agcees in writing,wtuch cans�u.�l mst ii�unr�.sunaDlS► {� —
<br /> . ��«�stances exist whi� are beyon� Bon+�we�s aoauol..8oa�awer�s�att'uot destroy, damage o��P� � I�'�•-.-
<br /> : `r:�, � �: exLP.IIn3t�,, w
<br /> ,, . . . �'.; PcopertY,�.��v the Pt+apertY m detesiarate,ar oarmmit waste on tlie ProPenY-�Borrow��E be in defantt if airy forfeimre
<br /> , . . `s ..:. or mceedin ,+a�thes clvil or criminal.is;be�n that ia Lender's gaoci faith jud�.2 oould resutt in forfeiture of the �'_::.
<br /> �.���OII P � or�xud�r's sec�uity intarest.Eorrower aQay
<br /> � � , ` � � PertY or othervvise m�ecialtY imPait the ife��b5►this Seruriry Ins� �� `�--
<br /> �, �, t to De di�ssed aith a mting tP
<br /> r � � :}� � � . h 18,by causing the�'or P��
<br /> 1�;T�' .:'--.� ,, CuT6 StiCh a dEf3lllt 8IId teiDSt8tC.:!S���� .LT�
<br /> '",5,� ,; des forfeitute af tLe Botiu�us�`s�t su fhe Pc�p��Y or other material S
<br /> ,..�s•�„ �.:��.. that.ia Lender's good faith dec��n. P=�? '•<; .
<br /> -,..:.�` �� : impatrment of the lIen rzeared hS'i��itY �5��or Leader's s���. Borcower shall also be in defsult if . - .
<br /> � Borrower.during thc 1�►��a Plication pmcess,�materiaUy false or�ssformasion or atatemgt►ts to Lertdet(or fa�ed
<br /> F:_
<br /> ' � .',9� co pmvide Lender wir�r��aterial informadan�v�a cont►xtion with the loan.�=��d by the Piate.inciuding,but not limited �.,'-�
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<br /> .. . ► �o�representatipns ov�a�.:ng Bosr4wer's accup��y of the Propeny as a prIuda�,a�ieside�ce.If this Seauity Insuumeat ls on a .�. �.,
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<br /> • ,..''' � . w� ;. 1 •yz;�b atl the provisions of the lease. If�ozirower acquires fee tide.w the Pcoperty. the ��`'.__
<br /> ., . :`� lease�ol�k. ,ffo�o ��.��A F . y�tess I.ender agrees ro the merger in writing. ���"�-
<br /> teaseho��d�e fee n3ig s:�atl a�t!i�.�; oontaiauact in
<br /> • 7.Prot¢ctlo»o!C T.�es's�'�a�the l��erty.If Botmaes fa�7s to perform the covenants and agreements ,f,; ::.
<br /> , _ .r.'.�:':. ' thfs SecurIty Instrumes��sr there is a��a►Fr�v�din�thac may s,gnificantly afferx Iender's�ig�►ts in tQe Propeny(such ag a . •� . -_
<br /> � Prace�g ln ba�luag'L."�:�sObat��.f4=condeu�ioa or forfeiture or W enfoaae?aws or negWations).�teader�actions�maY ��:.�. _
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<br /> . pay for whatever ls aecessary:w�at�tQe value of the Propeny aad Lendei's rights in the Property- ��,_.
<br /> � . , iaclude paying any surms secure�f i�.a lieu which ha9 prioriry over this Securlty Insaument, ap�eartng in caurt, PaY�B
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<br /> ',' . .� `p reasanabte attomeys'f�es and entefwg on the Property to make repairs.Atthaugh L'ender may take actioa�mder this pasaIIraPb F ':
<br /> , " `' �,L�e a d e r d a e s n a t h a v�a a,do sa. .. � -
<br /> ' � An y amounts di�dr�d bY Lender under this paragraph 7 shaU beoQr��e addidonal debt of Bortowes s e a u e d by t l�s� s
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<br />.. - Secarity Iastrumeat.��TuJr�s Boirnwer a n d L e�t de r a�r r e e t o o t h e r t e r m s o f p a y m e n t.t h e s e a m o u n t s s h a U beac interest from the
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<br /> � ' date of disbutsemenc r�s s'�e Note rate and steall be payabte.with interese.upon norice from Lsnder to Boirower requ�da8 � �_. ;-
<br /> . ' ��:. -� Payment. . If Lender required mortgage insurauce as a coadition of making the ioan secured bY this 5ecuriry
<br /> , ' ' 8.Mo�e t�trmnce. ��to ���e�ortgage insnrance in effoct. If, far any reason, the '
<br />-- ;y°-��;;.` '` Insuument. Borrower st�all pay the preinlums recl .
<br /> ' :�,�'S;^`. ' e insurance coverage required by I.ender lapses or ceases to be in effect,Boimwer s6a11 pay the premiums required to
<br /> „ �,�rTZ•,,.;;.� ; tIIOrt$8$
<br /> . ,, ' : ; obtaia coverage substaatialZY equ�daieat ta the mortgage iasur�ce previously in effect,az a cost substaatially equivateat to tDe
<br />- . � - cost to Borrower o!the most�age iasurance previously in effect. fcom an sltemate mortgage iasurer approv�b}r I.ender. If ,
<br />--_ . ; • ��q�y eqwyalent mmtgage�nsureace coverage is not available.Borcnwer sLall pay to Len�der eacD month a sum equai�o
<br /> ' . . ' one•twelM of the yearty moscgage insvraace prem�um being paid by Bormwes when tIIe insurance coverage tapsed or ce.a�ed to _
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<br /> � . 6e ln effect.Leader arill accePt•nse aad retau��►�se Qayme°ts ag a loss reserve ia lieu of mortgage insurance• 1.oss resen'e
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