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<br /> _ ` �c - - to gravid.e��Leader...�ith a camcel�tfoa aotice� . m
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<br /> '� the ha�ard iaeuicanc� aoa�Pa�Y . . . , .. ` -
<br /> ° 4 llatibn af ise�uraace covera'ge- . • � .�
<br /> n �"� < ; ` _. ` prior to any ca�►c� , . - _
<br /> f �� `� � . . ` � � ts receivecl by 3�eader under = -
<br /> � : ° � �. Apglicar_tan of Paymemts. All paycn�a � � -_
<br /> �-'-s.--.�- - ' �ied: ftrat. to,lat� �Se$ due unde.r �he Ncte; � �
<br /> � -, � �ag�Pb i sha71 ba sg�
<br /> . � • .�. .. �s due uader the Note; third. to interes� due: . -
<br /> �°�° secon�l, to Px�Palt�� �� .. �`-
<br /> , ��r ansi.: last. ta griaCigal due: . _ �`°�-
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<br /> . 4. Char�3e�: Liens. Barroa�t� S�u Pay al�� .Las+es, asaessa���i `� . �_�.�.
<br /> g `''� , ` kr�rge�,, finea. and impositfans a�"�h:i`ibuCable to �the ProgertY s�hich.r�'_..; . _-
<br /> L y >__ �';�`�afn B�eiority aver this SecwciC� �t�ument. Borro�reYS s1Qa2� pay t� Y
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<br /> �, ,;: � �'.,-;asa•time>dixec�ly. ta. the Pereaai o$red payment. �7hea:.Berro�aers m$ke thes� _
<br /> � �'�z�>,,;s :r,:�>�,�.• . a, �nts di,rectly�.` Borroners sh�ll p�aII►Bt1Y_furnieh to L�nder receipts ' . ^.i
<br /> r� ;�.: ' P ��n . � . .
<br /> . . . evideacing t$e pay�seate: ._
<br /> ' ', ��� � • F3onroaQer� "eha�ll pro�ptly dischaz�ge anY 23ea oohich i�s •priori�Y �er i _^_
<br /> , � . ��:`..��r. �thie Security� in�tsvmeat unl�se 8orro�ere: ta) agzee in �zi�iag �o .the . _-
<br /> , �� �� ��� paymen� nf t�e obi�gatio� eecwSed �y tb,e iiea in a masuser acceptable to --
<br />..- . .nt.:.�y.t..:c ... . .
<br /> ��"„ ','�• ` : < I,en�er: tb? �conteat in goed fafth the i,iea� by., er 8efend against . . , _
<br /> :.-_z-�� enYorcemsnt oP the liea ia, legal proceedin9s mhich in the I�der�s opiatan �
<br /> ���-""°`�`.'" o erate to pxevent the eafoscemer�t ofc th�e iien or Yorfeitr�e_ of any. Pa�t _
<br /> .;��`..: .: , � � . "-
<br /> �• • og ttt� P��pertys or lc) secure from the holdex of�tche lieti as� �greement
<br /> , � �''.:�'>4'-� satisgactory te Leadere su1=ordinaCing the liea to this SecWrit� In$trument. , �
<br /> � • •�:,.:� If Leadez detesminea that any P� of the Psop�rty �s Bubject to a lien
<br /> �' ,'' �:�'` . v�ich:may aCtain psiority..ave�c. tPsis Secarity Is�trumesit, fn..nder �aY 9�� •
<br /> ,�:;:�� -.°":�,..� .
<br /> - � ,�'� Boxrawars a aatice identifying th� lien. Borraceers eha21 satis¢y the lien. . .. -
<br /> �� �� °�� or tat�e'one or more af ch� aations set forth above"w3�1� la days of the.
<br /> , :,:�::ti� ' �.� �f�g of aotice. � .
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<br /> , , 5. 8azard Insurance. Bb�tomere shall keep the improvemeats �;�
<br /> �� � �, exist�g,or herea£ter e�cected oa �e ProPertY fnsured againgt ioss Yfy �xe., `��� �� �
<br /> . . . : " °, ':.baaards 3ncluded w�.tLia the tezm "e.xtended coverage" aad any other har,arda
<br /> �,�v�l . . £or �ich Lender requires insuraiace. This inr3uraace el�Il be ��ed �
<br /> �;�r�t ': . _
<br /> . in th� a�nouats and for the periode tYiat Leader requires but not. 2�s�:=;�. -
<br /> ,. �. .,� _,:. .the amouat a�red Lender- . The iasurance carsier pr�oqid�9 �e .��ance _
<br /> �V�';�f,.��a::;, i,� —
<br /> . ;�.'.�.� :�.•�,_, '.:�,ghall be chosea�by Ho�co�ers eub��ect to Lender�s approval �vhi.cPs sP��:Aot
<br /> ` `.��.��e uareasonably witPiheld, aad �.der shall be�_provided a ecp�v:v.� '��id
<br /> 4.�� �_,�s� ,;,•: ,��insuzexice policy.. , `i�'`
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<br /> _ ��, f�.'-�-, . .,; • ;.1�3ii1 irisuranCe p�lfc�,s and iettewala`�?�.1 be acceptab2e co Lenc��<�d {`,,
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<br /> �- shall .inc3ude a �sta�dard �i�tqage�,�l�use.��.LenBer�ehall have th� si�,:to ,
<br /> - ' a�'F . Bo�cromet8 ;��a.�l .
<br /> '-' ,.. f ��. r �'.,' hold the polictes and .aceaewals. If Le�.de�' lre�i:icee,
<br /> - �`�', : � � r �1 v� to 7�deP,a;�.� receipts of pai.sl'premiu�� a�nd reneLtal rsd�''.lces. - . _
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<br /> f-.,.. ..... '�� s�,; . In the eve�at of loae, 8�ravoera �hall give �rompL� aotice .to�ehe .iti�'urance .
<br /> -_ . , `� £ , . c�rr�ex an� y,ender. Lenc'�er may malce proaf of lose if not made pro�tly bY
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<br /> . '-'•,. . .:f ;'..,; nonawere. 'r:�.��; '�;.
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<br /> �:{ .%.�nlese Lendez and eorzomere otherwie�. agrree in writing. ���e
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<br /> �• . ;,;� .`,"`'' proceeda�sliall be applied to restoratian or�repafr of the Px�'Aerty daz� c1. . �
<br /> �� � ����'� • if the reatoratioati or repair is economically �easible and �ender`•$ �i��ty
<br /> : '.1y tT�i.�'.,'•:' �:�: .
<br /> � fe not lessened. If the restosation or repair ie �� eaonvmicaXly� ���i�le
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<br /> •,,.;�. or Lender'e eecuzity wo�ald be lessened, th� iris�isance proceeds s�i�:3. be :_
<br /> .. applfed to the sums secured by this Secwcity instzumeat, .qihether or not
<br /> � � • then due, cvith any exceae paid to Borrowers. If Borrov�ezs aba:sdon,the
<br /> :. '�� : prcperty, or do not answer within 30 daye a notice from Lender that the =
<br /> - �� �:.�.�••-• f,nsuraace carrter has of fezed to eettle a claim, then Lender n►aY coilect _
<br /> � ��� � � the iasurance proFeeBs. � Lender may use the proceede to repafr or restore �
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<br /> ,:�.�;' �� ' t8e Propei�ty��or eo pay�eums .sec�ired by thie Secusity Instrument, whether
<br /> � � or aot then due., T'he 30 day period m�11 begin wne�a Che notice is.g5.ven.
<br /> . . Ualess Lender and Borrowere othes�ise agree in roritfng, any
<br /> ' � appllcati4�.o� groceeds to priacipal e�all not extend or poatpone the due =
<br /> - , ..;�l�: date,,oL. � monthly pay/mentis refezred ta in pasagrapY► 1 os change t�e
<br /> �1;;�� � �b�.:n� r,�t�. �aymente. if under paragraph 19 the Pxoperty !s acquired by
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