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<br /> .. '- f�inB�far wL�ith Lcadet tequi��su�u��e.�ias�tse shBU be m�ined ia the amo�ts and for the pe�iuds tbatLmder .
<br /> ., �:;�< �eq.'Ibe insur�se tattier Dmvi�ing tl�a ias+u�ace st�tilill be dw�u 6y Smmwet sub,ject tn Leader's appmval whish shall nut
<br /> _,�,:,-�.. be u�mablY wid�8eld. If Bosmwer fails to maint�in oav�age Qes�ed above� I.��maY,at Ieader's aprion.oht�a
<br /> � {= covef�ge tup�otoccL�od�r's rtghts in me IInnpeat�►€n eoa�dancewith���- �:� _
<br /> ��. ,e; cla�se.I�i�a�1 ` � �sf� :
<br /> AIl u�svca�e Fofic3es�d re�araLg shaU be�epmb2e to Leadet and sball�ctnde a srandacd�ati�af i� .�
<br /> u� Boaawe�sLall Pmmpt�Y 8� - -
<br /> _ � have tbe dghi m kold the gol�cies and reaewats.It Lt�►da reqa�es. mp
<br /> . � g��d t+�ewat uotIces.tu tIIe evc�tt of Wsv,B�wra s6a11 gtve prompt nmine�n die�ce�aad L�I� ,�: ��_�
<br /> may ma�F�f oflassif aotmade prampSY Ai►��ra9ver. `, .;
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<br /> � � Unl�ss Lead�mid Bnaowar affiet�vfse agtee in wr�dng,insutanoe Dmceeds shall be agplied to�����.�+; .
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<br /> Pc��da�mSed,if dte�sstinA or m�aab is eoaaamicelty fea�s�ana Leadca's secarrtY i9 not l�.ff d�re��tina�� �.�r;; ..,
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<br /> ' te�ait'�n:�not eooanmicallY feas�2e oi LealdPa'e s�aui3y WOUId be fe.ssensd.�e�s�e F�S�' bE a�ed`.W�he.s�as r,.:.t;;
<br /> s��y�d i i s S�ritY Insuument.whetttes ar¢ot then dtte.with eny excess pa�to Hmmwe�ff B�wes abaAd�ns tb� .-.�;„
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<br /> -. , =�.� . �yy�r,i3���.whed�aa:nDi thC�dlt�1$e30-d8y penadwiIIbeSm wh�EheaatiCeis giv�. �,��4:-
<br /> ". Untaas b��ra and 8aaowes a�se agcee in writing.�►Y gAP��°f Pr°ceeds t°pn°c�a�s1�a11 nnt�t�c.postpnIIe .
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<br /> ' " . the du��a€s�maathly paymei►t�refeme0 to m pa�apLs 1�nd 2 or cbaage the amountof thepaymeuts.�f�erparag�ap .
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<br />_ .., � 21 the�y is acqna�by I�der.Bmmwer's rigut to any�ce W}�es and�oc�ds�°8 from d�age m tt�::.' ;,
<br /> ,���.;.;.� p�F��ar m the acq�isidon s�aU pa3s w Lendea m the extent of the svms secaced by tLis Socarin►Insimm�t imme�iately- : ::...,}
<br /> . . ..+: priartvt�a�on. � `'
<br /> ` 6.�T�agaa�Y+�ires�vattan.Maintenaase aad Prat�tton of the Pe�D�9i Bora�wer's Laan APDIItatian.L�ea�$aisls. ::;.�:
<br /> � ` restdaece within sixtY days aft�the executinn of
<br /> _.....,: '-:: �.,{ B a a�a w e�s 8 a t 1�9.establish.and use the?capeny as Bomuwea's pr�dpal . .,.-
<br /> . tbis 3e�ity I�t and shai!cominne tfl oocagy the Ympeny ag Hoizower's prtncipal restdeaPe f�at teast one y�t a f�r t h e �:_::_,:
<br /> • ' dare af�c�,.zmless Leadea othecwise agrees�n wrl�n8,wt�Ch canseat shall not bo uareasonably wUhhetd.or aaless =
<br /> � � ext�s�ng ca�e�t�'�ch�e beyond Bascowes's conuol.Basmwea shaII aat destmy.dama8e or�the Yropedty. _;.r'�
<br /> Bartawer sfia11 ba ia defa�It if m►y fnifeatuce ac�tinn or '�:1-
<br /> atlovzr':�ne Frageny to dete��stsr:flr oommit waste on the Ftoprny►. �Et�.�.�
<br /> . p�g,whe�er c�v7 az c�r+a�aT,is i�egua that in IRader's gaa4 fahh jadgmegt coatd sesult in frnfei�ne of t�e-Pmperty ar �, s=.�
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<br /> . , . othc�nvi�m a t�9 y�die liem raeated by t�is Sec�rlty Insonimeat ar l�ndea's secarity int�.Boua�wwes maY cure sach a ,,,�:,:;.
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<br /> � ,. �r deffam�t,a��►�P���P��P h 1 8.by causmg t h e a c d o n o r p t a c e E d i n g t o b e d r�e d w�t h a r u�n g d�a�,i a' . ,,,..'.°
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<br /> - - - - - Lc��s gacd faid��e�mma�vsi,p�ud�farfeauae ot the Banower's iataest in the PrQperty or arAa a�arrsial irn�a�nt a�' : . ;>..:
<br /> ---- -... .-- the��bY td�s s�Y�t or Leadec's se�uiq►lat�st Sosrocv�sfiaII elsfl 6e in defavlt if Bo�w�i`,d�ui�g tl�e."•''= �.=4=..---
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<br />� • � ' � loaa applicaaun Dra�s.�e masariaII9�or inaccuiate infarmat�nn ar st�taments to Lendea(or failed to pmvide'i�ender arith� �:-..,.:
<br /> eny material ingo�un) in�onnec6aa wa��.he loan evideaoed by the Not$. iacIuding,b�rt noi li,mitted w,re��taiians� ��°;_
<br /> � conceming Baamwe�s oceugansY of the P�op�'es a PrficiPal�ce.U this S�►�ent is on a leasehol�.Boiruwet� �{ .
<br /> , s d a ri c a m g l y a v i�a ll t h e p m v l s i o n s o f t h e t e a s e�I#B a s r ower a o q�tes fee titie oo the Ptapecty�the Ieaseho2d and tLe�ea dtte� �_�.
<br /> . noi merge�Leude�agreest��hemagrr ia wridng. --
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<br /> � 9.I�rat¢Mfaa�'!Lender's�L�in tfis�oprrt9. ff Boaowedr fails to p�fa:m the cov�oants and agtec�►eats oontained in � :
<br /> . � m�s sec�ay rns�►e��,�r�ere is a�e�t����►���r a�ea�,aa's righta ia the Siropeaty►(suct�as a :_�-_
<br /> , �. , PrQCeedin8 ia baa�uP�7►,Dmb�for oanQemna�ion ar forfeaoue or to enfmoe laws br reguiatians),thai l.ea8ca may do sn�p�y �
<br /> � far arhar�ver i�necessarY to pr�t dte e+atue of the Propetty and Lendea's iights 3n the Rnp�ty.Lendet's acxiona may mclu$e _.�:
<br /> . PaYIDB�Y�s�red hl►a�iea wburd�has prioriry.over this Se�auity lnsbramenL aPOe�ing i�court.Fay��g r�nabla l�:�:"°
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<br /> � � attmmeys'fees and e�t�ing on the PmPcatY ta make repa�rs.Althoagh Lendea wayr take acdon�der this Dara�r�ph 7,I.ender �vr;r;=_;
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<br /> daes noi 6ave w do so. '``i�
<br /> My amamus disbursed by Le�da u�der Q�is Dar�aPh 7 shall beoa�ae addittonal debi oi Bormaa secauod by th9.s 3�adty � '�
<br />� . Insaamen�.Ut�Bormwu�d Lend�r ages w atpter t�ams of payRCwt,these amomets ehall bear intr�resc fmu�the dare of ,��;.:;.
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<br /> disbu[se�eut at the Note rate anci sAaU be payab2e.witb inteaest.upon notica from Lenda to Borroaret reqn�tn8 P�Ym�� _�;f��t`:'
<br /> 8.Mmrt�age Insarance. �f i,endea reqv�ned mortgage insurance as a eon�idon of mak�ng the loan secu�ed by thls Sec�ity �:;,;
<br /> � :; Instmment,Barrovier ahall pay the preaaiivas recluIred to maintain the mor�age fasurance �n effect Yf,for any reason.the -
<br /> � �: mo�age insutar.ae caveaage m,quaed bY 1�endes TaPses ar ceases w be in effect.Bmrnwer ahall pay the premtiuns required to
<br /> ' ob�covera,ge suR�stantially eqnirraIent to the mo�qe in��uance previausly�n effea.at a cost substandtilly eqnivale�t co the .
<br /> • . ', cost w Boavwea oY Poe maat�age insvr�ce�+iously m effect.from an alteanat,e mo:tga�e in.�rea appmved by l.eader.Ii
<br /> � , snbstantiallY equival�t mmRBage insa�aace cavea�age is not available.Hoaowea sha11 pay to Lend�each manth a sum equal to ;�. �.
<br /> on�twelfth aE tba yegrty martgage ins�uaace praniam beiag paid by Barmwe�when!he�asuraace covaage lapsed or ceaseA tn
<br /> � �r be in e�oct.I.+es�w�l accep�.use and redaia mese DaS►ments as a Inss reserve in lieu of mortg�age insuraace. Los�r�serve , .,
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<br /> � Form 8028 9/00
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<br /> � ' (�•8Fd({'�E�(g2f�)A1 Pape3ofA ImttaU:_�.
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