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<br /> `� ^ , .� ` � S. Hamrd or Prap�rty Instaunce. Borrower shal� kaep the improvemmts aaw eaisting or h�reaRer erecxed on,the `. `; ;';:i,:._:` -
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<br /> " • � - - .pmpetty insured ag�jnst loss by fue.fiarards iactudod withia the term'extended coverage`and auy other haraMs,iatiading - . ,,:'�',;�
<br /> ` . ' . .`� �taods or tlo�in�,lbr�ch Isader tequires iasurance.'iUb insivamce ahalt be maiuttaiA�ed ia the amounts�for the pettods .�' ; . •_
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<br /> � � : : th�Lender requices.'ihe iavuranoe carder providing the intiura�ce�ha116e chosen 6y Bor�oaer sub�ect ta Leader's approval :' • y :. `
<br /> .. - � w�htcri shnll aat 6e un��easonably withl�eld. It Borrower fai[s w maiatain oaverage descr�bed abave, Lender may. at t.ender's ; . .. , • �`'
<br /> . :' � opti4a.obtalia eoverage to pmtert i�eader's rigtiu in the Pmperty in aocordaaee with F�4I�Ph 7. `�, . � _ *:�:::�
<br /> • . 3 Ail insurattce policfes attd�ertewata sl�ail be accepta6le tu Lender aztd shafl insiude a standarQ aiori�age ctause. Lender -- '.;;; .� .'�.:.
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<br /> - . F . shall have the right tc�hoid the po}isie�aad tenewats.it Gertder requires.Bonav�er shati prompdy give to Irnder ait reoeipts of ��-.� �'�_"—',�-�
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<br /> � , : .� � paid p:emiums and renewai rtotices. In tIIe eveat of los�.Bo�wu aLall give pmmpt notIoe w the iasurnnce carrier and Lender. �
<br /> � , Lender may maIce prool of loss it�t made pmtnpQy by B�t[ower. :.. '- - -'--,
<br /> � -- ---= � Uatess I�nder and Fotmw�er athenvjse agr�in writing,iasurance proceEds sha11 be applted to cescoratton or�air ot tLe _:--- •r.�
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<br /> ���. � property damag�;if t�e testoration ar�sir is eoonomit�lIy feasIble and LEader's securiry is not lesseaed.If the r�storatfoa or � ':
<br /> �.; ' . �;, �►air is►wa eoanomically feasibte oz Leader•s��y wo�a e�tessenoa,the insuzanoe p m o e o d s a h a l l b e app 1 i e d co t he sums -,_- r -;°�-`:
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<br /> ,. " s,ECUmd hy tt�is Sxcurlty +..._�. whe�er or not then dae, with any Facoess paid to Bo:mwer. If Bon�wer abandoas the � ".: .. �>r....
<br /> ,.:;�;�S':.:;:.�;��: pmp�p.ar dats aoi a�swer witt�ia 30 Qays a Qotiee fcoue lenda ti�at ehe ia5utaace carrier has oNer�d to settle a claim,then ,��. ,��{. '$. . _
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<br /> ' I,endes m3y collect the insuranee pracesds. L�d�r map r�se�e pmceeds w repair at�estore the Property or to pay sum4 ; . .
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<br /> � , �e ay�s��y u�uu�t.ahether ar ua�t�s du�'[[te 30day peiiod nrilI 6egia.wbeu t�aatiae is given. � . �� �;�,
<br /> Unless lxnder azid Bonower oihe�wi�e sgm�+ia wrkting, aaY aPP� P�� F�P �::.:,�'sr�f""-::
<br /> luation of ca al sJia11 not extend or .-t,,,:. .,,
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<br /> . . � postpone ttte due date of the moathlY FaYm�es�to ia patagrapYLS 1 auQ 2 ar ct�ge the asaotmt of the PaYme�ts-tf : � � ,,i� !'�
<br /> •E uader paragraph 21 the Praperty is arquired:11�&�oder.Bam�wes's rigLt m aay���policies aad praeeeds resWting from ; r�� `;._"s�.�,_f-_
<br /> • damage m ttte Praperty pri�w tLe aeqai�iticss�aIJ:�ass to Lender t4[be eatent af the smo�s seaued 01t tHis SsYauity IAStium�t :-
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<br /> � • lmmedjately prior to tLe acquisition. ;��'�
<br /> , , �. t �, . 6.Oocupaney.Fi+tsesvatd�n:���tlma�at BIY�1PPI�pe�By;Bo�a+mwr�z's L�am E�pQ9csatImu;L �RP a, .
<br /> � . Bqtmwet sttaIl ooDUpy.establisD,a�ct use�'re l��cg as L�aQawes's p�eia�at�std�ae avimin siruy days a8�r t�e�aa af �' t
<br /> .�`" : . this_Sa�ty Insuunt�t and shali cooa�we-ta acxx�cgg die Pia��.s Svsmvler's g�ariQat resideace for at Ie�st oae g�ar after .,a; `��_
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<br /> ,� •- tlty d�oi oocupansy.unless fl.endet at�e�is�agre�iQ�ti�'a�,wLinc�onsent stfalIl etuS�e n�easanabIy wi�heYd,.vr mtIess ,�,_.><;:-
<br /> : exteaaating citaimst�oes e�dst wtuc8 ase�� Bomiw�'s�oonttol. Bomower shari not desuay. dama8e aa fsPair the . ;°'.;„t,;i.`�,��,�:,
<br /> , t;��� Pmpetty,allow the Ptoperty to deGerior�te.�a¢tr�mit araste on the Property.Bomnwer shall l�e ita d�fauIt�f a�r forfeiture —
<br /> . action or pmceediag.whether civil or crimis�,,cs 3�eg�m ti�m Leuder's good faith judgm�t oould�t in forfeiture of the •tr� �'�._
<br /> Iasumnent or Ixnaer's seau� ��i�teiest.Bdreower may '< =�u`
<br /> _. - . . pmperty or athecwise mate�ialIy impair the Hier�cr�ated by tLls SecuritY �. _�.:.wt .
<br /> . ��.`: w:e sacb a defaula and reinstate,as pmvided�e para�ap�e 18,b3+cavsin8 the acaan or pmc�ing to b.�:�ed with a rulmg J;`.,-- .
<br /> `.. . " ,� Wat. in Leader's gaod faitD determinadan,&�'.W3e�faafcaa�e of tbe Bornnwer's iaterest in the.�•�aty or oil�er matetial _ �,'�
<br /> ' � '..N� im�airment of the 1�en created by this Se��.�ilra��,�s lxnde�'��uity intcc+est. Bormwe�s�also be in def�It iff,,.'<,. 4 — __
<br /> . .. Borrower.dudng the iaaa sppUcattaa praces��t�fe'�-?faise d�;$�ate info:mation or .�7s�to lx�der(or fai'le�.`:;'` � , � ..
<br /> � `' w pravlde Leader ariiL aay materia!infor��qs,,'�*�tni�;-�i t�e�+evldenced by tbe No�}:i�d0�:tr�tr�t 1i�ite�;,;;�;;. -� =_
<br /> _ . . .. h� to.�Ptesentations conceming Borrower's ac�ga�j;'+.{�;t�te:,1t���ttY as a principal residea�se..If th;s��'. ��'��on� , '
<br /> .• teaSehotd, Bormwer shaA aomply wit6 aDl�gtssr�sim���e lense. If Bormwer,s�s fc�:�J'•..z�pa'tli�e,�, t�e .f��.�-
<br /> � '}�. r; 'to the merger iu writing.�' ��:�r�. � � � . '—._
<br /> , :i. 1e�sehoid�d the fee title shalt not merge n�sle��i!.�t}.,t� ' ;' ! ,;•.,: • ,��,
<br /> . ._.._ ;: .- 7.Pcotection ot I.ender•s Rdg�f�n tJ�el�,a�ty.If Bomowet fa�s to perfo:m the�odenavss,�dE.,�aeuients coutaine�in ; _
<br /> this Seauiry Insuument.or thece is a i�ak�ng t�at maY si8�fir�ansiy affea I.e�r's ng�s>+am'�e PmpeTtY(sacd�as a , �,
<br /> ' � '�'`� pmreeding,in baalwpuy.Pra�ate„�ar ouasTi��cion hr�`osfei[uce or to enforee Jaws dt:r�gutations?�,i�en Le�dzr may do�d ".;;��r��!`� -_
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<br /> . ,'�.. FaN fiv�ivJ�au.wer is neoessary m p�tcest��e o,f m.��oPertY 2ud LeitdPt s rigEls iA the P��v�y Lender 8�ions may ..�u:k�,��,�, _
<br /> . •'�; �1uQe ffa��3►..sums se�ured !rg a tr�,��r� bac �riority over,;A�s Set�uIty Inso�vmenb :�8 in coiut, PayInS • � ►,,,, ,�:_
<br />.� . � . masor�I�glsz�a�:Ysy,fees aud entariag oa rf��y to malce repairs.�t.',1i�r�qgb.Ixnder a�ay take��,r�aii•amder this patagag�s�', S ,t. _ -
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<br /> ' 'My amounis disbut5ed Y,t}?''I�d2¢� Q�f1`�ss`ti�,[s,�1i,T shall .becbme addi3io�a1 debt pf Botrower s�by this�'' � `';' : -
<br /> � Se�udty Iasaument.lTalesa i3�ii�ssx+i��t��C u$�,tis�oi�►�s teims Of p3ymeenl.r�e atnowus shaU bear imrraiuzar fmm the ,��" ��' -
<br /> .' . . date of disbmsement at the 1Yt�re'i�-�si�be payz�r, with interest. upan nou�ar��ftom �!�r w Eotioi�ver rPquestlag :� _ _
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<br /> . pay8 Mortgage Iasvr�ue�Lt itmidhs�cr�uc:d moagage iasurance as a condidon of aiaidng tU��SSU�zr.cured bY this Seauity , j -;
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<br /> lastrumen� Borrower shalt pay;.tib�;�s recluired to maintaia the martgage�oe fn ei'����If. for aa}r reasoa.tne ,: ��
<br /> r . � mortgage insaraace coverage�ii�3�iq Lender lapses or ceases ar be in effect,Borrawer sba�p�,t;?d��P���N�� �wjt„f �� � �,;►.�r�_
<br /> •� obtaia onv. e substai►aa1J valeat co.tlirc anort e iasuraace pmvu�usiy in effe�t,at a cosc sr�l�ar�uially equivalent to t6e ��•:., < < , -.
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<br /> . . .. . , wst ta Borrower of t�e mongage insarar�bie�'cdonsly in e�'ect, froni�im;alternate mortgage�iq��mved try l.end¢r. Tg'.' �, � •,-.�.
<br /> � . . . sabstantialty equivate�t mortgage insuraac�rb�v�e is not available.Bazrower sball pay W Lendet!6�li:t+�anth e.sQm gqnai Wp: . . _ c....
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<br /> . .. � , ane.tevelfW of the mort insmanc� ald Bo:mwer whea the iasuraaca caw.� �i oeas�d to } '`}
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<br /> -%; . be in eftoct.Leader wiU aocepi.use and mir:taiu the�O��t�a� a Ioss reserve in lieu of mortgagc,�i�µc�c�. Loss nesetve � ' tr.;::
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