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<br /> � , �� ` 98— �o�� . :- : :
<br /> . � � .� " S. Hu�cd ar Pbgerty ansur�nae. Borrower shaU keep the impmve�teats aonr existing or hereafter emcted on the j .: ,�
<br /> ° Srope�ty ias�against loss t+y fire.Darards inciuded wa�itthi�the term'exceaded ooverage'aad any osher hazards.incindin8 �.. ,,
<br /> , �� . �4 � tlaods ur flooding.for wLich L�der r�quires insutaace.'f6is insmaace shall be maintained in the aawunts and for tl�e periods ,f. -
<br /> that I.�der ze4uires.T�e insrrrance carriet providing thee insu:anoe shall be chos�by Sarrower subject ro Leader's approval .;4.._"
<br /> - ` ,;<'>. which shafl not be imceasona6Iy aitbheid. If BarroweY fails m maintaio wYerage desaibed ab�ve, i.ender may.at Leadcr's �; , _ _ .::;�":;,':
<br /> . -�`s aption.o6tain cove�age to pmtect Lee�der's rights in the Pta�ert}r ia aococdanae cvith paragrapb 7. � . . ' .
<br /> ` < <. 1 pll insuranoe policies and tenaewals sball 6e acaeQtable ta I.eader and sball iactude a staadard mvrtgage clause. LendEr �' . ,
<br /> • � e w l e a d e f all cecei pts of .
<br /> . " i shali have the right w hotd the policies a n d renew a ls.I f I.e a d e r requires,B o m a w e r s 6 a t I p m m p U y g i v e _.- _ .-
<br />- - -;-:�^�- p a id g r�n iums aud reaewal nouces.In the evant of Ioss,Bormwer shaU give prampt notice to the insuranoe rarrter and ixader. _ .
<br /> � Lender may make praof of loss if not made pmmptIy by Bormwer. ' , '''.
<br /> , .. .'��'� �JWess l.eader and Sormwer othecwise agree ia writiag,insurance praceeds sLall be applied to reswratioa or repair of the ' . ... . ., �.. °;i'•;�::
<br /> �P�Y�g�•if tlze resmratiaa or repair is eoonomicaliy feasible and Leader's seauity is aot lessened.If the zcstoratioa or E.'-. -- , .•:.•
<br />, � _ repair is not eoonamicalIy feasible or Leader's security woutd he tessened.the�asaranoe proceeds shall be applied to the sums , , ,. .;��;,;��':,��;�,:�
<br /> � _ °' s�by this Securin► Insa�mnent.whettcer or not tliea due.with any exces�paid to Homaara. If Borrower abandont the � < ` ,
<br /> �` �P�Y;or does aot aaswer witbin 30 daYs a aotiee from Irader that the i�sarauce Cauia has affeied to s�tle a claim.th� Q `r�. j�:�c` y,.`.
<br /> , [p QC IESUIPC t1iC PNjiCI�!Or W(1�/SIIIDS ' .�r .._}yf"�...s,
<br /> ' y' Ie�der may ooUect the insarance proceeds. L�dar maY+�ae the proeeeds tePa�r .. L� „ 1i
<br /> ..x secvted by tbfs Security Inst�ument,wh�or not theadus.Tde 34day periad w�i Begi�t wh�the notice is givea � J j: ��w�_
<br /> , '�.1 Unl�s L,�der aad Boaower o t h�w i s e agree in w r i t i n g, a a 9�P P�On af pmceeds tu principai shall nnt e�ct�td'or :-_- `-a�.S.F_d�t�..
<br /> � �� referred to ia p�ragca�bs 1 and 2 or c�ange tfr�amouat of the paymeAt�If F �,.:�-"�"_.m�
<br /> • posqrone the due date of the mo�IY Payme�� ,` ' ' �t�r�'.```#�'"'
<br /> 2!the�nepercy is acq�ired by Lwder,Borrower's right w amg i�suu'aarae Po�id�aad pmceeds�esuiting fiam ��, , ;r
<br /> ,�'= t�nder p�rag�H. .
<br /> � . . .�'�` damage w the Pmpeitl►ioii,oc ur the acquisitian si�all pass to Leader to the extent of tIre snms sec�ued by this Seauiry inst�ent �.,,E�;��-�."-_
<br /> ��';:�ail:lih.f k
<br /> . i immediately privr w the�aa. eorro PP� 1��olcLs. �c;Y��`:�:'''��.`��;.,
<br /> w�'s Loan d tion; j.
<br /> .� . ,���v 6.Oac�anc9.��.�and PtotectEon of the Ptopertyt �,..,:« •,G_�:�.Y-�-
<br /> - Bomawer sbaU oxupY.establis�,,s�v�ti�e P�oger4Y as Bormwer's�prindpat�esidence withia si�►da�s aRer the exeauion of ,�:-...-.: • -
<br /> •, ��
<br /> . .. �, this Security Ynsuumeut and sS�ati a�s��e w occupy the pcopeccy as Botrower's principal re�fdmee far az Ieast one year after � : .:�,�;
<br /> :�,;, =:: ; or��s - --
<br /> � • -� d�e date of oca��:y,aaFeys��eoder.othe�a�ise agre�in writing,whtch oonsent shall ant 6e nmrasonably witt�eld.. _-
<br /> .' � �'3• �apng¢i�stan�aaist whit3�a:e beyond Sortower's control. Bumnwer sLaU not demoy, d�age��or iu�ai�� . _.',�'
<br /> ' �.�•a'3� �'�
<br /> . •` `;.` . �cogecty, alIuw the Ptogerty to det�iaiate,or caum�it waste oa the Property.Borrower shaU be ia defanii U say fatfcfwne ... _
<br /> � ;;;'��,' action or�ro�oading,whe,tLer civL�or ccinninal,is begun that ia l.ender's goad faith jndgmeut could result ia focfeldtnre a�the , � F ;�
<br /> - � ' ��r ,t. ti�e lien created by this S�+Insaua�t or I.endet's sewritY interes�8orroWec a�g ,:.,;, i.
<br /> � ��?``s Prope�ry c�¢�ezwise maseiialtY i� .
<br /> • � ' " aue sueb a de�uilt and c�,as Pm4ided ia paragraph 18,by ra�ng ttee asxina or pmcxediag to be dts�ssed arlth a.cuti�g,. .,.,a: ',
<br /> ar other mate�£ai � `
<br /> ,x�` '• � t5at. in lxnder's good�►i�'�:tenninatioa, Preclvdc�forfeimre of t:te�av�s7�i'�isiuerest m t6e PioFertY . �;; a ..��ss s:
<br /> Borrower shall alsa 6e ia defauit if • `r._ �� ,r���''
<br /> ���; `4 '; itnpai�nt of the Uen cz�p.,�:t�d'-`�jr tbis Se�uriry Insdument or Lendec s sacar�.��' �noa ur.statemems to Lender(ar fail�; ' � _,�,z�-;
<br /> S ve materiall faLse or inar:a�a.�
<br /> ` !��t�"'`r Borrower,durin g the Ioaa��s�ti.a�iscacess.Sa Y � �
<br /> �' ' �,'��,. ' w vide Leader with�aay aa�iGt icJfz��atiion)in coaaeccion ant�c�he toan evi��bY►�w�c F e,i n c l u d i ng�b u t n o t li m i i�x 3° � :�i., �►l._.
<br /> `�'`; � ��f>/`'�' �eptat[ons�oIIce[�1g�5��'"�'��P��of tLe Pioperly aS 8 piiIICi��T;.a�3encz���S�5►�is ar.c'�, �
<br /> '� - : �o,
<br /> -' ' �td, Boimarer�s6aT�_o�#4I?'�,'� the grovisions of the lease. If�i.in��c acqu�res fce aitle m�dt��P�Y►� �'
<br /> y`a�& . � . .; �,,:. - , �_
<br /> -� �Iease�oid and the fee title�s��aot meage naless Lender agrees to thc mecger ia��. .:.�� ,,,,��'
<br /> ` . , �; 7►.�'lvb�dan a���'s�4sfia.t�e Fropert9.If Borcoarer fails w perfdYm the cavenaats and a�e�i�on�{��s�?. �"��=
<br /> � '� this Sequr�s�I�ttm�nt,or there is a T�al proa�odin8 that maY s�iti��Y�Lendqr s right�in the PropertY(sa�5i:;�:��a r„�.,-
<br /> ma
<br /> - :�'.; prac�eding in banluuge�.Y*F��e•for condeamaaoa or forPeiture��c t�.�a:c��aws or regulations).then Leader may do�sd : .,�.�,�:.,_
<br /> s actians may , ,.,'.` —
<br /> ,;; ,.. , ptty for wLatever is m�'.t�Pmcec�the vatue of the Property and�5 r.i��hts ia rhe Pmperty.LeaQe�' a :, .sU ,,`:` !
<br /> .;,. inctade Paying anY smns�� by a lien which has priarity over this�g`Iasu�t, appeana� in court, PaYm& 7 ,
<br /> ,, ,��,� ' maspnable auome}rs'�ees asr�enzs�g an the Property to make repairs.A l t ha��i det t�3�c�action�uder this patag[aph ': �,Y s`Y • -
<br /> tiE �Y�`%.;; 7.Leaderdoes not have tu,�a sa. . ;`'�.' ` ��� , .•,r�t�� `��E�3�b�s�2;
<br /> _.... �k���.-`
<br /> � A x►y a m o u n t s d i s6 u.c��` �t�ndec this paragrapi� ?sha91 beooa�'r�;itional debt of BormW�r sesvsea b3�:� ;: �� :r ��,,,_
<br /> 1E'ar .:. -� ; : s�ecurity Insttument.iTaYe;s 16�rowet and L�der a�ee to othet ter�o f g�;�t h e s e a m m m t s s l�a ll 6��L i i e r e s t f r�m t h e , �(, .. .
<br /> ." date of disbuis�ment ai al�z 2�(ote rate and shall be:�abte,arith iaxeresc,u�:��tice from Lender w���er requestin8 �1'�
<br /> <.' � ' . : . , , ,� _ ..
<br /> ;h.� } pa�t.
<br /> �. . . � `"'" : �-
<br /> . � S.Mortgage lnsmance.lf Lender required mortgage�i��*T�^�°���wn�iti�sn.of making the loan sea�red by tbia SewrltY � . ;�:
<br /> -. - •�- InsuumEnt,Bonrower shall pay the premiumv requirod to maiat��9s¢mortgage insaiamce ia effecc. if, for aay re�on,the . ,: ,y�
<br /> � � murtg,age insurance cove�age required bY ixnder lapses or ceases to Ue ia effea.Borrower shall pay the pre�tums�required e , ,.
<br /> -' .' obtaia coverage substantially equ�valent to the mortgage iasivance plevIously.iax�Ct,at a cost sabstandalroved by Lender. 1f ' . .
<br /> i � � - � . � cost to Bormwer of the mortgage insurance previousty ia effect.from an aice�e mort�?�.�SUre�$PP �. .�.:::..
<br /> � .:.,:�°,..�;
<br />_-3: -w 1,`-:'J vaIeat morc e ins�uaace coverage is not avaitab2e.Borrower sI3aU pay m,�ir��r each mnnth a sum equal w �� r'. ' :;;::,:�,.;.
<br /> � .,;.:.,, substaatiaUY equi 8a8
<br />- ;,.�s. , one�twelRh of the yearly mortgaSe iasvu�sce p:emium being paid bg Ho�rower�L�the iu�ssr�e coveiage lapsed or eeased to ;��:�:+�,::-
<br /> � b�in effect.Leadcr will ago�pt,vse�cetaia these paymeats as a i� r�rve i����4f m�rrtgage 9ns�iaanee. Loss teserve . ;,:';;,
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