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<br /> . ;}' . Borroa�er shall the Impmvemeats now existing ar hereafter erecied on the "t�'�� �; .:,;,rt.�..,.'...`�-
<br /> • � S. �rd or Arogeriy � � �s����erace'and any ovher ha:ards. including •. .�i;, �-�.,
<br /> ' - �( prop�y iasund against loss dy fue.Uazazds Iacluded withia the ;.;.�;,"'�":
<br /> . ` i Roads at tlo�ding.for w6ich I�-end��l����.Thu iasaaranoe sba11 bt ma�ata�aed In the arnovnu and for the peiials ��' � .'.r��_'.; '.:��
<br /> . ,.,.
<br /> that Lend�r requims.71ie iasuranoe carrier providing the insuraas�st�ll be chos�by Boaouer subject to Y.�d�'s appm��ai ��:�_ :��.��, T,�
<br /> '� t,• , abicb shall n�t be unceaconably witbheid. U 8osower fails to maintein oaverage ds�a4bed abo�e. i.ender maY.at Ixndet's ;; ,. -�•�,� . :��'
<br /> ` ' m acacordanoe with pazap,raph 7. r=.-.�--': -"�"-.'_� : -`';
<br /> ,- � _ - opdQn.obtain ooverage w pcat�ct txuder's r�ghts in the PmPenY� . ;�.,�,-�`::.!_.;`:;�'
<br /> ' AI► insutaace golicies�d tenewals sball tie aooePtaiale w Leader and s6a11 iaclade a standar e�rt�c���of ��". _ �.
<br /> � ".�'.,:`*':° shaU have the dght to hoId the policies and reuev+als.If Lender requi�es,Borcower ahall P�PUS 8i �F,." � i �cx° -
<br /> � � wac and cenewal aoYices.In the eveuc of loss.Boirower shall give pmmpc nodoe to tbe iasurance caniet and Lender. . .}: .
<br /> : '� Paz P� b $otrower. --- ---� ~ _
<br /> _-- L�er tr�y make prouf of loss if not made pmmpt►Y Y ���on or reQair of t1ne °-" • y _
<br /> -��?`:� in tvtitin ,instuance Pm�s shali be agpli -•�=..`-. .. • .
<br /> j r�;, Untess Lender and 8orrower othenvise agtee S . ✓.
<br /> _ " s Prope�ty dama8ed.if the restoration or npair is eoonomically feast'ble and lender's se�vsity is not less�ed.If the restorarion or `'' •,'','
<br /> " repair is uo t e c o n n m l c a l l y f e a s i'6 t e o r l x nder's securi t y would be tessened,the insurance pmoeeds shall be applied co the sums �`'�. r �....,�' �: .y,
<br /> • ai
<br /> .. . - ���,. soaued by this Sec�uit3►Iosau�t• whether or uot theu due,with any eacess paid tu Borrower. I f B orrower a b a n d o n s t h e
<br /> `: �, propecty,or does not answet ariilua 30 days a norise from Leader that the insurance ca�rier has offe�ed to�e2tie a claim,theu .��•,. �, - � - ;
<br /> ` : LeQder maY nse the Qrooeeds to repair or reswre the FtoAertY or to pay swu� �°•,� J � ;, *•
<br /> j Leadec may ooAe�t the ia�uranae pmcceds. od wUl begiu when the aetice i�gi,ven. �� '' ��=r �� ;.
<br /> '�f . - '.'�' se�upd by this Se�vrity Instrtuaeat,.whettter or aat tJtea due.'tTie 3Q-0ay peri . ,.. ..- _
<br /> i � :s� �� ;i
<br /> � .•,,� lJnless I�ader and Bot�owes otflecwise agtee in writiag. any ePPliradon of pmoeods w paar.ipat s6a�not extend or j;' " �,;,�x : `
<br /> a e .
<br /> . t h e d ue d a t e o f t fl e m o n t W.p P a 9 m e n t s m f e�to ia p a�'a g r a phs 1 and 2 or ct�age the azaovuc Q�dte paym�ars. If ��,� ��f�
<br /> � >s P�� InsuranCe ltolicces and g�s t e s u l u u g f�� �t j �L ,r � _.
<br /> imdet paiagraph 2i the Fmpea'cy is atqai�ed bY I��der:Hua�ste�"s right tn anY
<br /> ta€�t�.t�i the extent of t6e sums senue3lsy tiv��tY Ins�e� t r� y a�rc*� � .
<br /> t o the Pro ptior to the acquisition sball pa� senu , �� r .m_
<br /> , innmediatel p�iar w�e aa�uisitina �. . , ,�����%X
<br /> y �fhe Propert9' w�s Loan A a;'��• � �.� r
<br /> .. -;� �vpnuey p�va3loa i��;�.�tm,�ce aad��mt ,Borro ��ea�rioa of �;��,,.:s.�'�.#��
<br /> 6. - �
<br /> Bozrowec sbaU oo�pY•establish,aad use the PmprttF as�=ia�e�'s principal residence within siaty daYs afo�'. . �.�� L r .`��"`:s +;.
<br /> ; ihis SacuritY Ias�amd sbatl contmae to oocv�g Jze'�►�Y as Barrower's principal tesidence for at F�t une}ea�aRer �. � .,�.,�,�,,,° -
<br /> ' which oonsem sl�all not be�nnieasonabtg�o�ihhetd,or iialess I
<br /> ' � �he date of oocuQ�ceY.vNess Leader atherNise ag�es in writtag, e or impair tbe ` '- -
<br /> �,r' e�ist v�fiich aze heyoad�aao�$ �ntml. Borrower shall aot destroy, da�S `• _ . �=`"
<br /> � ' e�ct�uating c� Borroarer shaU be in deCanit if aay forfeiture '' � �
<br /> r ' W 4�Y�fl7fJt�C.Oi CUIIIffitt�4S�c.1I1C PiOj!@il�►.
<br /> ,i� ,� property,aTlow ttce w����r aiffinal,�c tre�un tLat in Ixnder's good faich judgment coWd tesvlt in forfeiuue oi the - �:,=-�,
<br /> .. - . 'rr�� • SCdOII os P��II'� Cc's s iIIteies� �Y - � .
<br /> the tiea�air�bY this Secutiry Instrumeat or Lead ec�eritY Borcowa �:
<br /> � • ''�Y' property ar otherwise�1Y�' b causing the acaoa or praceediug to Ue di�ssed with a zuting }`S .f �"�'
<br /> ' t sndt ceinscate.as pmvided ia�b 18. y �� � ' `�' `
<br /> . �� cure s�a defaui e n forfeinue wer's intecest m ttte�t�other _ 5 �`��:f`
<br /> � of the Borso -,;{;, �t.�-
<br /> ,�,.,: ;: that,i� lxuder's goad faith deter�inadon,P�t or I.ender's sccuriry iaterest-�oimwer�?r3�x•be m default�f _��. .f,.�� ;•_r�'
<br /> •, . ::tjf; '� impai�oftheliea�bythisSecarity � nor������a�-fa�ed :�:":.,: `�;., .��,_
<br /> . � �"a.t.�e or iaac�urate informatio � `
<br /> Boaaw�i�ct�uing tue Laan upPli�Pmcess.gave materi _Y `
<br /> � e xv�.b the loan evtde.nced bY the Note,is��35� �tut i�1��ii�d, ` � �: Y'ti> :1 ,,:
<br /> ..' . W pmv�d�'�er����•��formation)ia oonttecdace � . , r, .+, ,--
<br /> 6 B usmw e r's o c c u p a n c S+of the Ptc{�►as a prin�pal resideace.If this Ssc.wrii�`�`�;��+� ,? �;.
<br /> �o,repa�auau ��_
<br /> leatetwld, Bormwer�'��mPtY with aU tha g�ons of�ivr;teas?. ��e,ciower acquues fee eitte:ie::+��4'ope:'ry'..,r�Y ` � � ;�
<br /> ii.� ei�r•s wfiting. ' ' � • `:�
<br /> . :, leas�Is4 a�cd the fee c�de sha11 not azerge unless�i�a8rees�` . �g
<br /> ' lf Bocrov+rer fails ta perform the covenancs aud a�ts coatained in
<br /> -----�---=`-; 7.ff�;�t�ion of Lender's I�g�s in the Pa+�r�stty. ficaatl affect Lendet's rights ia tt�e�ioperty(such as a " � .
<br /> � � :. th'ss Securit�+Iast�me°t.or 4here is a tegal pmmea�inS tbat tgaY si8ni Y d.ender maY do aad .,: .
<br /> : !�� pmceediag in baaYtuPU7► P �� W
<br /> , mbate.for cond�;�or forfeiture or to eafoscc laws or regWatioi�s),;�e�,s acnons may :�. ,f�..
<br /> : °rt: pay for ahatev e r i s n e ce s.c a r Y ro Prouct the valre�of the Fropeit3+and Lender's rights in ahe Paspeitj?::.� Rn��-_:
<br /> : . ,, : � insluae payin8 aaY sums s� Y �a co�uc. PaY�B �. aa�:�,:
<br /> b a lien which has priority over � u�Lender��e��under this paragraph .• � .
<br /> .. reasonzble aaomeYs'fea aad ea[eti�uS on the Property to make repaits• , 8b � .-�� '
<br /> ,�
<br /> . •.•r:�' ?.I.ead)�does not have w do so. . ��
<br /> . . � . Any amoums disbutsed by l.ender under tbis paragraph 7 shall beoome additional debt of Borrower sec�upd by �his
<br /> _. . __ , . g�ty�suu�ent..Waless Borrower and 1�er agree to other temLS of payment,t�ese amounu shall bear intecesc from the �.�n
<br /> . � � date oS disbursemcat at the IVote rate aad shall be payable. aritb interest,nPon nodce from Leudet to Boaower requqstia�g i _ `:
<br /> 't .� '.:�.� � ::_ ; ,'�,.:
<br /> .. pa��',"� , mortgage iasurance as a condidon of maldng the loan secured bY C t��r ity' • . ,.�,` ._
<br /> ` � t�:'��iMp�e�s�'ance.If L.endet required
<br /> . � � . � ,�-:� Instnaneat,Borrower shall. pay t he ps e m iums r e q u i r e d to maintain the mortgage insurancc in effect. If, for any i�n, the '.�.`
<br /> • � _J' � �ortgage insuraacc coverage recNired bY Lender laP�or ceases to be in effect,Borrower shall pay ttiQ g��9��� e�,,
<br /> .�,;".: �' vatent to thE . „
<br /> ,. ,�; .� obtair;wvecage substaatialty equivatent[o the mortgage insvrance previously in effect,at a cosc su'bs�ransara1Ly eqai �.,�,;,,.
<br />='''��;:` .Y:j����;� ,: ; � . aost.t9i��ffanawer of the m�a ge insuraace previousty in effect.from an altemate mortgage insurei zg��inved by Ixnder. If
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<br /> !. �`r�.��+:� :" } ' subat�ii�ly�va�eat most�age 3�`urance coverage is aot available,Borrower shall pay to l.ender eas�month a sum equal to : .. .. ,
<br /> � �.•. ' ', qn��h of the yearly martgage iusvrance Premium being paid by Boaower when the iasurance oovetage lapsed or ceased w ....,� . . .
<br /> _ . � be in r-�;,�:1.euder'N�II a�c�Pt.ns�aad re�e these payments as a loss aeserve ia lieu of mortgage iaswance. Loss reserve •" . :
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