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<br /> ....-.i �' S.Hezard ar Fmgerty Insoreace Barrower shal!keep the improvements now esistiag or flereafter erected�
<br /> . �:� the Proparty iasured againeL 2ass by�ire.Dazards ia�luded svithia tf�e term°estended covetaga'aa3 any other hazards,. ._
<br /> - �;�. ', inciudin�fla�ds or flooding,for w�ich Leader requi�a instuaac�.T6is inswance sEia11 be meiatained.in the amaunts ���
<br /> ,.� aad for ttle�eriods t�t I.e�d$r req�rires.The insu:aace c�rrier psovtdia$the insursnce sball be chasea bq Eornower -
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<br /> � subject w I.ender's approvat which sl�t aat t�unre�nab�Y wiihhetd.If Bormwer fsils to mainiaia covecage dfficriToed .,
<br /> >� above,Lender may,at I,euder's ogtion.obs�'sn cov�ra�x Lc>pratect Lender's ri�hhts in the Progerty ia accardance witb �_= �'
<br /> ..:;Y garagraph 7.
<br /> Al2 insar.�ace policies and�als shait be acceptable to Leader aad sha12 iaclvde a staadard mvrtgage clau� :. : ;�
<br /> � I.�eader shalI have the ri�t to liDld the polieies aad t+�aema�s.If I.endet . Bairower sball gs�ta � � _
<br /> . = . ' aQd rene�ral uotic�.Ia tDe ev�at of 1���r s�a21 giv��s P� � �
<br /> �allc�eceipts.ofgaidp�erui.ums . t ,��i�.�u�;t�"`.a�i���':' �:5,� ���1
<br /> ..,� ����'s�Lend��'��� P�
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<br /> j , 'r�'va�°��r'tF�aiaage�,i€t�st�sbar�txe�t�:seg�i���iti�1�q`{�s'bleearklende�ssecttciipisnott�.tYt�� ' �
<br /> :: �::.,.:�. ... r�rociatioa or repais is aot ecanomically feasi'bleor I.e�sT�r's security wauld be Ies�ened.the insuraace praoe°.,ds sbaU be
<br /> ,. �. .e
<br /> , � �. . � applied w the sums sec�ued-by this Secusity taetrument�wliether or aot thea dua.with any esceas paid w Ba�cuwer.It _
<br /> °��'�.�:�.�".',l�� Bonower abaudana the Pmgertq.or daes aot aaewer witbia 30 daps a aotire fro�Ixnder tbat the i�nsne�canier has �::
<br /> , ' � ? ofteted to s�ttle�a claim.then Lender may callect.the insureace gtoceeda Lendet may use the�praceeda w tepait br '.�_:
<br /> . _ #� t+eawte�e Propetty or ta gaY sums seeuree!by thia Securitq IasE�melit,wh�ther or not theu due.T d s 3trdap period wilt . _
<br /> , � b�Nhen the notica is given. � �;
<br /> �' Unl�s I,eMer ead Borra�rer athernis�agree in writin�,at►y applica�ion of proceeds to ptirtclp918ha11 no4 eate�d ar �
<br /> , �� . `� �stpcme the due data ot t�monthly�aytaents re�erred to inp�ap2�1 en�2 or ehtinga t�e am�uunt oi ttte payments.
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<br /> ':._: :,:. :� , ',�,� If underparageapA 21 the Prnporty�s acquired by Lcader.Horrowet's rt a to ony ins�urance palicies estd praoeeds �r.�:
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<br /> � •` cesultIng trom Qanfege w the PrapertS►P�Iaa to the acqutsit�on sltni!pass W �er�tha estent of tha suma�ured by
<br /> •' � :.��.:�, ��tp lnstnsment tmme4intsJy prtor w the ecqvidtton. � � �
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<br /> :..:"��.�; � ' 6.Occup3a�y.Pceservatiora,R��8�4en���a�ot�loa ot������:Bosrow�r"s�.onn A pl�eeqio�;
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<br /> . . . �� .j, I.ea�sholds.Hor�er eh�11 c�ccu�y.establisb►anQ uqe t�he Property es Homower'e psinctpa1 residence wittua siatp days �._
<br /> :,w .;. .,, efter t�e ex�cutton oi this Secunty.Iaswment aad shalt oositintre to occupy tha Froperty es Horrawer's prla�iP�1 �
<br /> � x�
<br /> :. . . . '�..;�;-:i ; resIdestce fos eL teast oae ye$s attet the date of occtapaacY►.v a less l�e t c d o r o t her�vise a�ees is�vr d tiAg,w t dc D o o a s e n t e�a t l•: �; _
<br />. .<... .,-:.`S; ,� aot b e unreasoim b Iy wi t h h e t d or u a l e s a e s t s n u o ti a g c i r c u m s t a u c e s e s i s t w h i c h e r e b e y Q a d B a r r o w e r's o o n u o l.B o n o w e s --
<br /> : ,:.� sLalt aot de,suoR demsge or impair the Pragerty.allo�v the Propetty to dekriorate.4r commit waste on the Ptoperty. � -�-
<br /> "��:_:�•�..:. ..�:::�. Bnrrower aha11 be ia dafaule i4 aaq fo��Peiture action or proceediag.whether civil or crimiaal�is bege�a th'at ia Lender's �:�:
<br /> . � . � �+ gaad feitA�udgment could result ia fosfeiture of the P�rcy or otherwise matetially im�mir the li�m ctc�ted by this l�. �-__
<br /> "�� �':-'...•�. � Seca�rity Inswmeut or Leader's securlty iuterest:Bornower raay cure auch a defa�lt aad reiastat�as.provided ir► � '•='=
<br /> � ��,� • P��'gPh !8, by causiag t�e acdan or proceeding w be dismissed with a rulia� tbat, ia Lead�.a.gr�d faith
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<br /> �.�; �atiflA.precludes for4eiture of the Boaoweers iatesest iA the Property or othsr matzrial impairm�st�09 th�tiea " -
<br /> , , ca�et�d bq t�is Security Insor�►saent or Lendei a se�riag iaterest.�rrower shall a1s�be ir�datault if.BtuNs�rer.8wiag �� _
<br /> , �;�; a�ra�i0aa agplication prace�,gave materialty fatse ox ianccurate i n faraaat"san on.staE.na�ts to L�t�r�irir fei l e d to 6�.� ..-
<br /> ��� P�iovida Le�d�'a with aay ma*.�iat iaYarce�at€oa�ia coa4ectiose c�ith the loaa evideaced D�.4���o�tA�atduding.6ut szdt c
<br /> ,i �: y< . � liauted�o.i��n�rseatatio:s a�acerpis��wer's a�+paacp�2�Praperty as a princig+9)re�i3�ce:II this Seeasn�.: �.
<br /> `����' Instrument.���a leasehc+_'�$orrower ehd��o�tplp with alZ the�avisioas of the leas�If B�er ar�fee titte taa ° -
<br /> ,.. _ • _
<br /> •:4 t,�epsopers���tie leaseho26a�thefestitleshall aat�e uatesaLeader a�w themergerin writia�,. . -
<br /> a ; . . �7.l�ro*�rtiion oi Lendsr's Righta ia the P�a{�m�.Ii Borrower fa�ls to p�rform the caventuita u�agresments =�-=-�-
<br /> �t. : .,. ..��.,e
<br /> .,'�.�t r.�e�aa�d u:��is Secuiity Instrumeat.or tAesa is a€ti�et�p�oeedi�g that auap si�caatiy efPect Leade�''a�ghta in the �at�:�,
<br /> " . ��:;:f;'; ��a�.{�ucb as � proceeding in baagrupicp. ProSate, far�oaademaation or. forfeiture os to entot�e laws riit�. �..:
<br /> .. . , s�'�ations),thea Lender�ay do and pay for whatever is n�aq to protect tha value of tha Progeriq+and Le�y�
<br /> �,`, ..'_�.': �,:.� � �a��ia the Ptopetty.Lender'a actians saap irtcluod�'paYing anq sums secured by a liea which bas ptttarity over k'�� --._-
<br /> � . �" . • � `�� �.�" `as''.�tY Iaswment,appearin$i�eourt.PaYing r�4�x�ble attomeys'fe�s and entering on the Pr�opertp.r��:a�Ce repairs. �.
<br /> ' :�it"��ugb�.euder may tatce ac�on uader this garap,�a�,Lender does aot l�ve w¢o so . : . .—�.
<br /> - � . ,.<,� -r; ,.�. , Anq a�i�ts disbussed by I.eader under this�araSraP�7 sba11 become additianal debt oi Borrower�re8 bp t�si�, i""--
<br /> ��c � .
<br /> �� ' ,�. ;�� . �.�ecuritp Is�a�en�Vutess Bortower and Lender agree to oiher terma ot payment.these amou�ts sIIall,bear iatea�.��. ���{s�
<br /> . ' ., � �,S�s�am the dste�4�isbur-,.�s�nt et the Note rate and shall be payable,with int�r�st,upoa aotioe irom Lsadec to Bonocsi� . .L:�y_:
<br /> � �-
<br /> ' ' - '� �BFaF�# ,, . , . . ,. a� ;
<br /> ' ' 7 8.Most �In.9^ax��se.If Lender seguired ir�ge insuraace ea a cnc�stion oi maktug the taax��red by t1�s ��'Y3'
<br /> _ . �� &?�
<br /> '' Security Ir.�CS'�'�.nt.Borrower eLa11 p3q the premiur+..�required ta.�ussatain d�mortgega insurance in e�£eat:B,far arl�.
<br /> „n xu et£
<br /> . . ' ' ' reason.tLe�aGUxr."tga�e insurance covetage ceguired by Lettder la�arr�oeases W be iA effecc.Barrower a}ta11 pay'�f31rs,
<br /> .. , - E �sremiums required to obtaia covet�ge substantially�z,uvaleat�to•t'h�3 mostpge iasarance previouely in efP�ei e cost � �
<br /> � ' � � m�sstantialiy equivatent w the cost�to Eorrower•of�th� mvrtga�e insuranca praviously in effect,�rom aa alteraate
<br /> . .:� mortgage iasurier approved bq.L'ender. If euBatsnr3ellq�,�equivalent mortga�o inswaace coverege is not availabta.
<br /> ; Borrower sball pay to Lendet eacD month e sum eqc;u!w oae-ttvelfth of tha yearJy mortpage insuraace prEmivm beiug .
<br /> paid by Borrowar whea tue iasurance covetage lapsed or ceased w ba in eNect.Lender W'�11 aocept,use aad retain th�se
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<br /> . � . �� payments as a loss,reserve in lieu of mortgege �naurance. Lo� reserve paymente snap no longer ba requited.
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