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<br /> . ,� s.�t�ara or Prop�ty tasvranoe. Bomnaver sd�att toeep the innpsove�eats now eaisdng o�'h����tt� ,, �.
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<br /> . ;: .- � t�:�`� pioperiy insured agaiast toss hy fae.Laauds inctudal within We te�m'extrnded coveiage'ancl any other�aratds, indudin8 „ .
<br /> ' floods ar tiaading.for afiich Lender reqaites ias�ance.T6is insv�shall be maausiaed in ths amonnts and for the periads � `.,•'`*
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<br /> that I.ender nqaires.'il[e jnsvtance raaier prov�Ag t��ntance�Il be chosea by Botrower snbject to LEUder's apgm�'al .,;;';->:;^``:. .
<br /> �di stall not be�ogabl9 withhe�cL If Botroa�er fa�to main�ain covera,g�descn'bed abave. Lxa�r maY.at txaJer's , :;,
<br /> - ` � � aPtion.obtain cavecage ta pmtecx I�ndet's rights ia the Prnpetty in asxordan.se aith I�S�Pb 9. ' ` ' '� y �:-
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<br /> • - Atl insatance policies and reaewals shall be acceptabte co L�eudxr and shaS1 instade a ssau�atd moitgaage clause. i.ead�r '`:;.,;,>''s-�,:;
<br /> . . � . Boaower sball promptly giee to Lem2er all receipts of __ `- :' �<;•,"�:.
<br /> . shall l�ave tfle right to ho2d the po2icies aad ieaeavaLg.if Ixnder�ri�s, . . . . _ ,
<br /> gaid premiums and reaewat notic�s.In the event of tas4,Baaower shall give prompt notice to the insurance cazrier and Lwdea. ',..
<br /> ° I.ender may maloe pmof of lass if nat made pmm�iiy by�ormwer. - -- - _-- ---
<br /> _�:..-.� , Unles4 Lender and Bosower oWerwise ag�e m vnitmS,�ua�e Pi�����d m�nisuoa ar�air of the °�':`.
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<br /> "'. �,h A�s� Fmpertp damaged,if the restoiarion or repair is eeonomicxlty feas'bie and Leader's sec�uIry is not 1�.If the�storation or i „ � .
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<br /> . . �'�fi,,?, �air is IIac eco n u m i c�lly feasi'ble or i.ender's se�ari t y amild be le.�ened,the i�orauce pmoeeds shall be a�plied m the�nms . � .
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<br /> •������° ' �bg t�is Seca�ig Fn�.wheib.er or not then dne. with any eacess paid to Boaower. If Boaower abandons the � �.,.
<br /> � ':rr <; ;• ys er o�to settle a claun,t1�n Q ' ," -.
<br /> �����, �.ur dnes ant auswer witHi�30 da a no�ce fmm Lender that Ne in�c�ai ha� Y' ` ,
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<br /> t ��r �� ecx t�e±���p t o s a e d s. Le�der may nse pmce�ds u� cegair ar�esmie tHe Ptagen.p or to pay smms c.', :y�,Yb,;`.
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<br /> _ ',r}�`<���`�� .� i�3�ir�tY Inst�mem. 'IIie 3U�da eaad w�I �heu t6e notic�i��ea- ��!�.' '
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<br /> - .:�`�3 iin���dec aIISi Bonuwer�dl�wis-�tgi�e nn writing. anSi �catian of praceeds 6a�rin�i�a1 . :�,,,�;_;,:
<br /> ' '' f�.' •� .';.�OS�O1tC E�.°'r'.�d2ffi Lt�t�71ZDIIIb1�gS�2aLS I�E�EO 1D(T31�$Td��LS 1 8IId Z�i C�6 4��Q�t��JH�.If�f�2i z'' � { _.i-
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<br /> � " . . :�aiag�aph���e�tp�•.�is ac4�ed bY Lea�r�l�ower's ri�ht a►anY m�n�galicies a�g�::nesatting fmm . -�`,� _.
<br /> ,�c�y'�'� ;� • tlamage to��tvpe�¢y��o d�actiuisition sha�fi.�to Ixudec ta ihe esLe��af d��.s�6y'tbis 5�1y Ia�em "' _-
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<br /> tmmediately prior w the�tipn. � �� �,.� A�g�flld9.
<br /> '.;;y;�'.r�'�. 6.Occapancs►.Pr�Z�;�ce and Proteoti�ss.m�i�r _ � � _
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<br /> �' -:Boimwer shall occupy,�•�sit m�tt�e I'ropeny as Boim�a�x'`fi . . •--
<br /> f . .. _. . .... dns S�uity Ia�ameata�����ue to accopq the Prop�riy�;as3�u�'� ���:,'�H�Yial m,sidence far a��t�1s�;�a'.after "�,�__
<br /> the daffi of��cy.nntesv Leim't�T�arise agrees in wri6ng,,�.caaa,�i�c�IIot be mueasona�ii��t�'rl�.�'� _ �
<br /> . �. - eate�ating ciram�.stances exist wT��re bepond Bomower's �m��. Boic.tr:w.s sliall's�dsssroy, daamg� �ibi�'�� L �`
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<br /> . . � P m p e n y,a l t ow tfle P r o p e r t y to d��e,or commit araste on d�e Pmpertq. Bosrower,s�la�L.be in defaolt if aay�s�e �- . �-:��=
<br /> , "��=a acdon or pmceeding,whether civ�dr'�iminal,is begaa tbat ia Lender's goad.faitb jadg�.'�i ronld result in forfeat►i��the _..�.
<br /> � � Pmpeity or ot�erwise mau�iaitp&��e T�en created Dp tbis Seau�ty Ias�C'�r I,eader�S S�RIIl�7�L.BOI�WCL IDSj1 . _- ..k4";—..'
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<br /> � caie sacds a defau2t and reiAState.as L�?ded�n Fa�a�aPb 18•bY e�n8 t��'��`�pmceEtfing to be dismissed with a zuling - ,i�;
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<br /> : t b a s,in Lender's good faith deoe�Bi�n, precindes forfeit�e c€she Bo�s�'s i�:�,�?tHe Propecty or other m�3a1 . �„=:�
<br /> . ���� •'. impairment of the lien cceated by t��y�°=or�'s_���t��ada�wer sball atso be in�3�.if �"�'9"�=
<br /> ��.�* : Boaower,dwing the loan app]'ic����S�►e mateiiaIIy fa2x�i�r�au��c,x-statements w Lender�oi��d ` --
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<br /> ' ''} to provide Leader wi�Ec�:ur�e�ial�afom�a8on)ia coffiearon wi�i�laaa.e�r�nced ic�'tli�l.�ote.ine2ading,bnt�nt�rct� ��r�-m°-
<br /> '� w.rep�esentatioas�o'�Bomower's ocxapancy of the Pmgert��a priucalial reside��;�this Se�uity Ins�t ica.�am a —
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<br /> .;. _. leaseho2d, Bomnwer s�oamply wtth all t�e pmvisions of��ase. If Bormwer ar� fee dHe W the Pm�er�.: ¢he -,., -
<br />, . . . ,:. ; leaseho2d aad the fee titte shall not merge nnless I�mder agcees ta-��erger in writing. �� �: ,_ ;_;;�x��.�
<br /> - � ` 7.Pr+otec�ton oF I.eader's RigLts in We Properiy.If Bomuwer fa�s w peifo�the coverr�and ag�ments cun�e�ia
<br /> � F . tbis Secamity Ins�ament.or tLere is a legal PTOC�dinB thaC maY ffiS��Y affect I.ender's rights�a the P�roperty(sarl►as a ; � " ,A^
<br /> ,, ' `_ ':;'..�nS��P�9.Pmbate,for condemnadon ar foifeitare or to enforce laws or:egalatioa9).then Leuder maq do and .:.+.,..f.
<br /> ,. ,�, : `, ' 'PaY for wLatever is neoessary W pmtect the walue of the Propert9 and Lender's rtghts m the Progerty. Lendet's acduns may ;,K�r�naic.::
<br /> ��h��' ��Pr?F�8 �Y sama s���r�e.lien wlnch 1�as piloatq over this Semricy Imtc�mu�t. aPP�S ia cao�t, �p�a8 ' , ��•• �
<br /> ,sf�{���'` reasotiabf�.�t�izaeys'fe�?nd e�wa tHe Propertq to ma�.�a3rs.Although Lendet ma��ta�se acdon nnder this par�h :
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<br /> j` , ��� •� �4r� ��r uadet dsi��gacagas�si���s�ali b��addiaamT:c�of Bormwer secured by tfis' _ � F, `
<br /> t;,t� �y �`'��: shall bear intet�est fmm the '�C;,::..:?�i
<br /> ,�jr .� Q�c�w�:�rzd IxnBer a�e tv ai���s of pay�sent,these�sii�sts � � , =_
<br /> "�� �,,'��'�,� S���' sLail be�,,.,.,y,�e,:�s�fr'Gat�rest,upoa nniice�;3�.�ender to Borrower teqaesdn8 �r' , � ;: ._. ..--
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<br /> ' e iasuranee as a coadidoa of maTa4n cf�e loan� tLis Securi �
<br /> . �.Mo�e Ir�.If I�,��Iuined mar�qa8 �� �► , �'t.::_�=--
<br /> � to maintain the mortgage iasuraace in effeca. 1�;f�is aay reason, the `;;� :�� --
<br /> Ins�s. Boimwer sit�i gay t�e��iums re�u� . � •L , , �,�
<br /> ;ti��,, , mortgage inm:ance coverage reqai��f��Lender�;�s oz oeases to be in e�ece.Borrower sFiaEl gay tia�`l�r.�nmi;�s re4aired to -x: f � ,�f�
<br /> >'s,�4,�t. . obtaia covezage snbstandalty,eqa�'a�au:�fl the.mrt�g��nsara�tce previous2Y�n eff�t+st aar4s snfcst�m�ali�.equivate�t,to the �-, `f. ti.,,���� f .
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<br /> r .,,,S�i�,�� ,. cost m Bormwe=of the mortgage�i�ssura�e pr�e�'�R�1Y irx e�, hom aa altema�mo�rz�surer aprptvved bq ra�r. ff : ,:� ...,,��j ,s, .
<br /> '+•' substaatially e�+a�at mortgaSe ms�¢ce ca�'!�3oAt av�b l e.B o i r o w e r s t�a ll pay t o Y:e n d e r e a c�m u a t h a s m n e q u d l�e ,.�' ;r,,::.fr►��t;:. .
<br /> ` ome-tarelfth of the prarIY mmt8a8e�.�,�°�p�iuru:ueing gaid by Basrower wben the in�uance cave�age'taPsed ar ceased m :. � , •
<br /> ' `� '' � be in effect.Lender�avill accept.ase aad retain t�ese�yc�ents a9 a loss resesve in lien of mort�age iasniance. Lass teseive j
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