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<br /> .'='.I' �.' �. wl�ich Lender requlroa insunuice. Tbis in�umco�hall�ie Mdln��rrctiwe�a�
<br /> includin�flood�or floodiny� for
<br /> fo:t6e perioda du►t I.auferrequiree. 'I�w inaurwce c�crier provldin the inwrmce�ll be c oean y
<br />'-��.-w r, I.eader's approva which ehall �a eY��°�OCa�e�bt�oypro�ce�L�er�n'�6te u�the�PropertY iin c�°��°�'t���
<br />.•���"`.. � I�eeder may. at Leoder�s°pu -
<br /> � 7.
<br /> � All inaurasce polieiee wd renewale shall b;,uceeptable ta Lender uira� Bo�crowe e6�11 prom�tly�rtv�o�to I�ader �
<br /> ;'::: .• . , I�ender ehall h�ve tbe n ht W hold the policies�ud reaew�le. If l.a�der ro9 r eh�ll ive m aAt�ce to the iaw�°0°
<br /> ° Boct+ow�e � P �
<br />_'�:-�'-`�''�`-~' �11 roceipt�of p�id pro�ume wd ronew�l noticee. Ia Wa eva►t o�loes i b Borto�war.
<br /> carriu and I.eader.Laubr mny m�1ce p►oof of loss if aot a�de p �P Y Y�e�l be�pplled to reacontion or�r
<br /> Ualeas I.a�der�ad Bort�awer o�ben�viee�groe In writin��iasur�nc�p eb�ll be
<br />��� of thd Property dam�ed if the restontion or rep�ir is ecoaomicaAy f�ia�d�saied��lhee i��ir�nc�roceed� . I the
<br /> "' �, raswration or repair is aot ecaaanic�Uy fasible or I..eader's eecudty
<br />. -�. � �ppliaY w the eunm eocured bY or doe�tnyot msv��e wr ithin�30 d+rye a�notico fromw�I.onderyttut tho� trmce cerrior�lw ---
<br /> -.,_�'�r .� Bon�ower abandoni the PropodY� coltxt tho insurance Pra°°°da.L,ender msy use the proceals to�rw be�in
<br /> -+;�r, offerad to sottlo�►cltim�tliea Lender tnay � whettiet or not t6a�duo. 'Ibe 3U�dsY P�
<br />-���'�;af;*• the Propecty or to pay suma eocured by thie Sxuricy Instrumoa�
<br />_,��=���'%�= noci �h+�A not eatead or
<br /> -` '•: `'K ►a writin�,anY liat'san of proceeda to p ' P�
<br /> .Y_, r. � W1104 fb0 IIOtICO lB 1Vlm.
<br />'-=;��,� Unlese��ad Borrowu Whetwise�ra� �1 aad 2 or clua�e the.amount of the My�l�h'nI�
<br /> _,-� postpone tt�due d�te of the awathlY P�Y�te rofared W in P�Q t to�ay insunnoe I�oUciee t�►d prooeedi
<br /> _::`;�'�� ��p�ra�r�ph 21 We Pcopert�ie�cquued by,L�eoder�Borr°w'u'°n�
<br /> ��� from d�ma�e W the Propa;Y Pnor to the scquieitioa�ll pass to I..eader to tva extoot of the sums�ecurod by thie Security ___-
<br />�=.:���°'--_� Iaattument taunediuely or W the+�c9uisition. �the Property's Borrowa's Iuan Applic�tion3
<br /> _ — f. Oac�7. ��O°� M�°�� � ��s Bozrowu's princ4pal residence within siaty daye
<br />_;.�:��a'�' ostablis6�aad use the Propect3+
<br /> :.::�'„�,. I.�ebo�ds. Burrowu shall occupy� t wd shsU continue to occuPy tha Pca�e�ty w Borrower's ptincipal resideace
<br /> afta the eaxutloa of tbia SocuritY Ins��u°�a° reee in writin��w�ich consent ehaU not 6e
<br />:�,� � for at laist one yeu aftu tLe d�ta of oc:cupaocy.ualesa I.a►der otharwise a�
<br /> ist
<br /> -- w�asooably witbadd.or ualass exteawdin�circumstances eaio detenonta�oi�mmit�w�ste on�he ropecty. Borrowear
<br /> 3li,—� d�oY� �1am��e or imp�ir the Propert�r.�llow tbo PropenY ��.,�ader'��oo�fiith
<br /> — e�ull be in dofwlt if�o�r forfeiture�ction or procoalinY.�'h��r civil or criminal.ie be�sn tl�t�
<br /> _��.n,�� ud�ment could reeult m forfeiture of tLo PrapatY
<br /> or otherwtse miteeidly impd� th� lica creatai by this Security
<br /> . ma curo such a dcfiult�ad minstate,�s provided'u+ptn�raplt 18� Y
<br /> - �ment or Leoder s eecun.ty m. toceat. Borrower r ��in Leoder'e�ood fiith detannin�on, Prociudea
<br /> ��_'� Guain= tbo �ctiva or pmceedin� to be dismieaed�nth a niling
<br /> - forfeiture of tha Borrowu'e intero�i° �° �y os other m�terial im�p�urme�t of�ha liea crested b�r Wis Socurity
<br /> Ucstion procace,
<br /> -- : ;�..---�,;.�tt�s L�"'�''a�e+curity intereat.Borrower shall dso be ia default if Borro�er�ducin��°��,�PPiulth �ny m�terW
<br /> t
<br /> --___-- �ave mderiaQy f�lea or in�ccurate iafomWion a B the Ne�te.includia�,but not limt� to. repre�eouaom concun�n
<br /> �nfort�tion)in connection witL the lo�n evidn�ced bY, t is an s k+se,hold�Borrawu�
<br /> -- gorronver's accupoaY of We�mputY�s t ptincipl ree+����e W the�I'ropodY. the lasehold�ad tha fee tide
<br /> __— c�ly with�ll tho provisione of the leao. If Barower�c9
<br /> ----- ehall not macQe ualee°Lendor�groer to the me�a i�writin�. rform the covemnte wd rgroam�ats
<br /> --- 7. Pl�oleWou ot Leo�da''e RE�,6ts ia tt�Prnpertl• If Borrower ftile w pe
<br /> - — cont�i�xd in thia Security In�ttumeat, or tbens ie a le�al p�ceedin� !hu mati' eignific�ntly tffat I.eader'e riY6ta in tho
<br /> propaty(such ae a pmceodinQ in balccuP�Y�1E+�0� for coadema�aUOn or oduture or to wf��oe��oo�tbe
<br /> then Leader ony do �ad p�y for whatever�e naess�rY to Pro�t twe value of tl�e Property !�
<br /> , m an suma secured by a lien whirh har priority over th�s Sec�m
<br /> p�p�ty, L,eac{er� �ctiono may ixiude P�Y le�ttome s'fas�od eateriag an tbe Peopacy W m�lce reg�irs. Althou�i
<br /> r,�umen�.�p�e�nna in«wrt.p.r�s re•�o:b y
<br /> I.eader may ul�o�ction�nder th�s 7. Lauiec does not have ta do eo.
<br /> Aay�mo�oti+diebur�ed bY�under thie para�aph 7 a6all beaome�ddidaul d�bt of Borrowa tecured by du�
<br /> Secu�icy Iastcuaient.Udees Bocrnwer�nd L�cada agroe to ot��ID1°o£p►yment.��ce fro I.eader Bot�
<br /> the d�te of disburnemeat st tbo Note nw �►d slWl be payable� with intetrat� upon
<br /> re9ue�in�P�Y�t. �red mortyage inaurance as,+►canditio�n of m�kini the lo�a eocured by this
<br /> 8.��rance. If L�onder n4 �W m�intsm the nooxt��a insurmce in at�'ect.If. for my
<br /> "'— Sxurity Inrhument. Bon�ower elvll pay We premiuur re4 or ceaees to be m effect�Borrm�ver eha11 pRY the
<br /> rawa� We mo�tis�e��°0O covora�e n4uired by Leador lapsos iougly in effect. �t a cact
<br /> to obtain eovect,�e abehntully eyuivaleat to the modQa�e intur�oce Pe�e�'
<br /> - �� �u�valent to tLe coet w IBorrower of tl�e mwt���e in�ua�oce Prw��Y in et�ect, froui�n alternate mottt�i�
<br /> eub�t�ntially eq quivalent mortYa�e tnsu�covera�e ie not av�idsle.Borrower�all Qry
<br /> ic�urer q�rcrn'ad bY Lend°r.If subrtantullye inwnmce Proauurn bein�l�d bY Bomower v�'non
<br /> w I.eader ach month s eum equ�l to oae-twelfth of the yauly moet�ase use�nd retain theso p�Ymeata as a lo�s rao�ve
<br /> the inaurana oovora�l�peed or cened w be in et�'ect.Leader will soc�t� ��at the optioc of Leader� if mortp�e
<br /> in lieu of mort��ge msuc�nc�e. Loe� t+aave Wym�eate may no lon�a , ro4
<br /> — inau�aoe covar�e,(m the�mount sod for tho period thst Leoder re9u!n°) P�'���bY �n,in�u+er+�PPrm'°d bY Lrender
<br /> — becouxs �vulable�ia o{�tainod. Borrower cb+�ll psy tLe�'onuums ro4�to munhin mo�t���e��°in
<br /> ef+fa�ct. or to provide a loss reserve, mtil the nquimment fir mort�e insuru►ce ands in saor�f�xo v�nth rny wriuea
<br /> -- -- agt�eement bctween Borrawer�ad Lender or�ppGcable lsw. Fam�o2s s/90 fpeO�s ol 6J
<br /> - - - - �NUCens svaroas.�+c.,sr.e�o�o.Mn eaao:n+owoi•sa+n roiw Mo-��+c zsn�
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