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<br /> . S.Ha�rd ar I'roperty lasnnaa. AOfY(1WU SIIRJI�OC�(IIC I111pf0Yd'11C111T 11QW GXISI111s Of Ilcrca�r�uoc�ont�Y
<br /> inwral Ag�inrt k�by fro,harxda includai within the term "ex�x�ed covdrxgd" �nd any otha ha�ards,includinq qcx�dc or
<br /> flnocllnE,for�vhkh tr,.ndr.r requfr�v insu�ce.Thia inxur�nce shall hc m�inudnal in Il�o amounts and far thc periods tltat I.cndcr
<br /> � roqufres.7Ae in�ur�noo curia poviding the insu�noc slu�U be chooen by Horrowa subjxt to L�cndcr'A approval which shell not
<br /> be unto�c►nNbly withhokf. I[ Barowa fdls a m�tnuln coven�g� dacaribod above, Lct►dcr tmy, at Lcndcr's option, obtain
<br /> cqver�o l��xc►toct I.rcnder'e ri�hu in ihe I'topertY in accacfance wilh p�t�t�h 7.
<br /> All in�unmoo{►olicks tinnd nono+�sFull bo acocpubk lo I.ender�rW shtll include�stendard mmtg�e ct�uso.Lcoder sl►all
<br /> h�va thc dght�o haW tha paliciw a»d rennw�.I[Lcndcr requ�re�,[iorrowcx sh�ll promptly givc ta l.�rxkr all rocaipts of paid
<br /> prcmiums end ra►ew�l ncKioes.In tha ovent of loss.Bom�wu shall give�rmnpt notica to ttta insuranca c�rciu ond Lcnder.I.cndcr
<br /> mry make ptnof of ku�if not m�de P�A�Y by Aarrawa.
<br /> Unk,t�Lender and Bortowtr otl�crwleo agtoc in v►riting,insunu�oe pracoods s!►nll be appliod w restoradon a tcpair of thc
<br /> propetty dm�od,if the re�tor�qi�e or r�e�ir is oconomiatlly feasibla�nd Lct►dcr's socurity ie not lesseood.If thc restaration or
<br /> «�a�ir is not eoonomlc�Uy fe�sibb or I.ca►der's socurity wouid be k,s�a�o�d,lha insurancc procceds chall be appllod tn tho sums
<br /> xcurod by d�iu Sacudty I�tnua�nt,whether or not �n due. with my aaccss{�nid lo IIomawer. If 8orrowa ab�ndona the
<br /> . o;��,,,..±�.,�M,..,�..;,���� �aya�nc�ioe From Lenda that ttw insunu�a carria�s ofYuod to sdtle a claim.tha�
<br /> La�dei nuy ao!{ect the insoronca p�oceods.Lc�ndrx may use the proaecfs m�sair or rGSlo�e!he Pcaperty ar to pny sums�ocured
<br /> ;� by this Socurity Inun�mea�wl�dher a not tderi due.Tfro 30�y paiod Nill begin wt�en the notice i�given.
<br /> Unlcss l.,aider�r�d BorrowCt otbawix�roe in wr�in8,�nY�PP���P��s b I��sha11 not eRtend or pc�a�e
<br /> Qu duc d�te of thc monthlY Pnyma�u rcl'and so in per�n�phs 1 md 2 ar chmgo tl�e a�nount oE die payma�ts.[f undu par�gniph
<br /> 2t �he Prnpaty ia aoquic+ed by l.a�da. AamMer's riaht a�ny inwr�nce policia and proceods rrs��lw►!t fron►d�n�ge to the
<br /> Propaty priot w the aoquisition d�all p�w I�enekr to the exle�t of the wma xcure�d by this Socurity Insuuma�t immedi�ely
<br />. ' prior a d�e aoquisition.
<br /> : f.Oee����aw�tioo�1VLi�tt�uece ud Prote�ctio�af tre Pr+�ert�: Bamwr.�'s Lau Applk�No�;I.ra�ei�old�.
<br /> Baro�rer�hall oocupy,esublish�end usc tbe Pmpatr� BarowKr's principal n�aride�ce within sixty day��fta d��acoeutior►of
<br /> , thie Socwity Insnumait and at►ell oontiaua to ooCUpy tk Ptoperty as$arower's princiq�l racida�ce for at least oae year afier tbe
<br /> d�1e of oxupncy, unkss I.es�der adKSwi�c �+ ia�vri�ing, rvhich ooment�ll not bc unrea9onabty withhe3d, or ualest
<br /> • �,.i���sg cit�tsm.^t�st,.r..:Mi��s�h�h��;sx:s�As�r.�'��r!�a!?�!+�+�.r.!K!�•t���I'amy,�Imm�gc cr imn.ir d�e Pennrley�
<br /> altow the Ptapaty a dctccia�aia«canmic wa�e a.el'�c Nrapaty. soec,w�er�hal1 ba ia def�ult if an� [aiteitwe acxioo ar
<br /> pc0000rlins�rvl�elt�er elvil a c.�iminal�is be$ua IA�im 1�'cv':��ood fai�h judgmd�t�oouldl K�s+uk in foeitiEu�e u[tM�'F'te�?drtr a
<br /> od�pwise n�1ty impair the IiMa► cttaAad 14�'tdmis SearMy lnatnrnd�t or L.ender's�ocuriAy�olloie�lt.Ba�o�et uu�s•cu r�wd�a
<br /> '. detauh aod rdnstete� n provided i�P��i� '��bY�8 the aaion or pmcoodn� b be da�r,►a�:vo��►d�a�uliog d�1,in
<br /> . I.enda's good fiiilh aelctminstian,,�a�xlrxkx�ar��ituro of the BamMa's inlenest in the�lnopa�cy ar o•vd"��e r:aatai�l imp�im�eat of
<br /> ' • the lian crea�od by this Socu�i��,:.,an�r+�cn[ar ii.enda'a eoc,�uity iaMerest.Barownr alusll aMo be in det'aui�ai Bato�re�.durina d�e
<br /> • lo�n�pp�c�etioa P'ooesa��+�vc:rnmt�:ci;►'�y C�lre a iruxunMe;nfa�m�tion a s�dma�ts a L.endrr(a fsiled eo provide La�der Mid�
<br /> ..{ �nY m�ial �famation) in c:ansa��pn wi�b tbe b�a evidenced by d�Nde. includiing� but nau liRnilod 10. r�ans
<br /> ,� aoacania�Barower'�oocu�ncy ot thG Fm��s�,���s s p�inc�l resida�oe.IE this Seaaity Inpnnria�t is an n lwehdd,Sa�ro�ra
<br /> ;;,, sl►�JI coa�ly wmh all the provisiioos af the la�s�:.3�Barow�a�oquizrs foo dUe to the Propaty.the k�a��'�1�nd tbe fac titie�lall
<br /> '�:i not riwee unka I.e�ier agroea lo tl�e a�ga in writir�g.
<br /> � � 'T.•..Iholectio�ot I.esder's Rk6b is tYe PrapM�r.If)Bco�aa�u fails b per[otm the oovautM�and a6tednentA ca�nt�ined in
<br /> d�s��r.urity Inateumait, a thae is a legrd Pm000dind�u:ufa.:p signifianUy aftoct I.enda's ri�hts in die Pf�opex't9 tsuch aa a
<br />` � � pmoeoding in b�ntruplcy,Prob�e,fa�ondaen�tian a farfe�bm or a enforoe ia�vs or regul�iau).t6en[�ender may do�nd Pay
<br />' ���:•� [or�vhaleva is naotst�cy 10 probaR Ihe v�lue df't�o Propatr and L,a�d,.-r's rigfib in thc I�q�ry.La�tdet's�tions may incYde
<br />`Af'' prying �ny sums eocurod by a IiCs��vhicfi Var,:, yptio�ity over this Soa�itr Iostruma�t, aPparia8 in cou�t, p�Yi+a �ra�ombie
<br /> �tlorn�ys'�ae�and enla'ins ore tki: ?Fco�sa�y:;�n m�ke tepairs,Alt6ough[,ender may ta�a�ction undrr�hie prngc�ph 7.I.eo�fei
<br /> `,, does not dave to do�o. '• • ' •�.
<br /> y� Attiy�morrls di.sbursed by�l.�sv�kr��r c?a,�s y�ragr�h 7 slWl bocane�bditional t3�t tif&xro�var xc.7u'od by d�ia Socucity
<br /> ;. xneu�uneot. UnEe�c '�trrowa snd i.dkitz�g;r�;e.ln odKr t,ums of pay�er.'sY��.t�be arno�nu shall bc�r,�!�n�t ftnm thc date of
<br /> ��. �t at thri Nole rale a�d d�all be p�ysd�M1L..wir�idter�t,t�pon nnir�c l�r�n I.tader W&yrtowLt acx��u�ssda►8 PnYmcnt
<br /> �� t�.Mo�qi I�ewra�ee. It Lu�der nqw�i��rwre�akc:�tr:n�rr�nce ac a oondition of makin�the lo�n r�cut�ed bg tdi�Seca�riry
<br /> � '.�� `lns.r�«rnai� Baroyuer�hall pay U�e ptemiums tr�ui� u:-an�dnuin the moctgige inwrance in effer,t. if, fa�r�e�aon�the
<br /> : moet�a�e insmance covar�e nequind by Lcmkr�pax�tr ceasa w be in effe�t,Barrowa shAll pay the pnxniums roquired w
<br /> ,' olx�in covaa�e subspntially oquivalent b at+ti,ma�o�gage insurarxx prevbu9ly in effoct.at t ooat aweb�mti�lly equivalait b the
<br /> oost b Barower of the mort�e 1n�+��;�r..:u0ously in effe�t. from m altematc mo�tg�gt�swr�..^�r'lpproved by l�ender, If
<br /> subenntWlY oquivatau matg�qe�a�ce c��+rr.t�e is�aot availabk.Barowu shall pay w Y.�each moath a sum oqu�l a
<br /> one•twelftti of the yearlY �ran:��;��n��c�oc��iarm�,p�d by Bcxrower wl�a�the ins�uraMx cover�ge Ltpsed or cesuod b
<br /> ba in cffax. i.cnck�r rri➢� �x,�s:arx��F.�un;•���w�'�rtiar►os as a�i��restYVC in tieu of t�orr�,�,i�snrancc.Loss rrs�xvc
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