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<br /> ��° ���•71�6 LOAN ID� 1205241 :��,:f.
<br />.-. , - All inaeuaaCe lic£es ead ieuewals must i��ptaD2e to Leader and must indnde a staodaN mortgage clause ia .
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<br /> � '" 6var of aud ia a foim aooeptaDle to LEader. I.eader sbaU.have the rig�c co hold�he palicies aad cene�aaIs. If I.Eader
<br /> � . ...� r0q�s.8on�4vrea shall�mmpdY give to 1�ndEt s�ll tece�pts of gaid psemiums�d ienewal notlaes. In the event of •:
<br /> t�. Boimwer sLaU give pr�ompt notice to the i�uraaoe eanier aad L�ad�er. i.eader may make pmof of toss if aot ,,..�
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<br /> � ' �¢P�mP�Y bY Ba:rovrer. �'� .,,
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<br /> .°'.,� Unkss Lmder aad Ba�ver atbetwise agzet in srriting.insuraace grnceeds shall be applie�t to cestoraz�oa or t�air
<br /> � � of the Fmperty dama�ed.if th��estoratioa or repair is e�aamicaliy feass'Ole and Lender's sewrity is not�+ene�. If
<br /> . .-�-_ �'� tIt{e reswsatioa o�repair Is nmt ecoa�miralty�le ar I�der's seauitY would be lessened,the iasur�►ce pmceeds sGall 's:. �
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<br /> --- — . °. {7��}�tOlbt SQm.4��}t ibL4 SEl�litij/�IIT.��OT IIQI t�l��C.�BIIjt C1C9CSg p21d IO BOT[OtVPS. _
<br /> .. ",.:"`.�""'�{•'` If Bormvret abaadoas tLe Paa�petry.or dfles aot aaswer aithin 30 days a aotioe from Lender that the�n��„c$c�rrEer , T::
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<br /> . _ . �`_ ; 6as offa�to teule a tlaim,tII�n Ixader may ca12e�the ins�uance psoc�ds. 18nder mayr use the pmceeils co iepait or. f, �`_
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<br /> ..---� , - restore the Proper►y os W pay anms s�by ihi4 Ser,ariry Instrumeai.whether or not then due. The 30•day peitod �..;,,.':;
<br />--- -. -� wil)be�vph�a tIIt aatice is given. ' ,'_,
<br /> . UNess Leuttar and Barroauer oshecarise a�ee in wri6ng.aaY aPPliration of pmceeds w p:iucqmi s6s�ll aat e�md or '€� :;:��:
<br /> . � � postp�e the dns.date of the monthiY Faymenta refeaed to in paragraph 1 or cd�ange the amowu vf the payments. If • r :
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<br /> . � �'` aadet garagtaPh 18 the ProF�Y���Y��•Bormwes's tight to aay instuauce poficies azW pmceeds. `
<br /> , .. . � �;'j rmvlt�ng fnnm dama8e w the Pn�tY Prior to the acquisition sball pass to Lender w the eAtenc of the sums secamd.�by
<br /> � . '`' tbis�otity tastsumend i�tY Prior to t�e acquisitivn. . �'ti
<br /> �~'� G.�;;•�res�oa. Maint�aa�Avotectton of due Ptopaty:Bontower's Lasut A�pi�any':,: .�
<br /> � _...:• .'�� ]€.�dsol��.��Uait Devdapm�ts. Ual�s Bor�c�wer's toan apglica�oa and J:��r:�Ip�n:' • ��;`
<br /> � °`�' a�p�dsval pmvfdeo�t9st tY�FtoEs�ztY was not reqarr�ed to Ee ao�ied as Bormwer's prmcipal tesideni�?��� .
<br /> . '��,� estab3isIt,:�use tit�gmpe�ty as Bormwet's prmcFpal resideace withm 60 days aRer th�eit�tf�:ag�tiis . �,�•;
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<br /> %;�•f i. Serauity Iasuan�te�od sbal!oo�ne to oocupy the Pm�tty as Barmwes's principal cesidence�fuc at'I�.st 1 year afDes
<br /> �; , `,_�=' @te date of occxgs�iiq,unte�s Leader otheiwise agrees ia wdtiag•which cuusent shall not he unnr��t�b�t�•or
<br /> � �' � 'n � unless aaeauadng ci�staaces,eaist�av2�feh aze 6eyond Boaawer's c��: RarcoweG s1�it aQt itas�ii�'�.dad�s�ar
<br />. '' .•, -.,-� i�npair tUe Pcoperty.altavrtJae PtogeRy w detedor�e.or cammit waste"au�tite Fcgpeetg:.`$qmow,er�I nnt p�{ttt,or
<br /> ��� � be alleg�ed W I�ave p�,d��p�Y to be asal ia ConnEet�oa wit&�►,i'�Iegei:��i`3;r. �n:t6EU�amd.Boszowes .
<br /> sball be ia defa�ilt if a�foifeitnne ac@an or pioo�diag,whcther.ci�Il,ar:cfiminal�i��egna�tLt�'it�i�r's Boo�� :
<br /> .' axdg�ent oontd resnit in forfetture of the Ptoperty or othe�ur�se�.�?paii the 1ien�c�eaieti:b�s i�iis Sec�it�► - -- '•
<br /> -� � In�t or L�d�'s seaidy.i�et�t- Eoao�er s6all atso 6e in d�C�tsli:if Botto�+er,duriug�ttielaa�i�epplicatioa � -,
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<br /> ,�;} = .pmc�ss.SaYe matecialtY fat�qe inaaur�e informaSon arsta�men�s to Leadet(oz fp�ed•w�provideZ�ader wttb anY �
<br /> � '. ` ;� z�1s�1 inf�prmation)ia cam�#on wUh the loaa eviden�i'Iiy the.Nate►tac�adlA$.;b�i:dot limitr�to,rept��s '
<br /> , ' x c�ning Eaaa�r's'ooeupaa�.Y of tHe Ptopen�t as a Pi�Wnl'�ide�::�C£�pis�uin"'InurumPnt is da a�e�aIB. i
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<br /> �i:. � p�G�tnprpr sL,s�F;.�piY with aIl th�pmvisians a£the lease. If Hciriu►vG��f�e tide todh��Pmpe�ty,the lea�e�o2d � ,.
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<br /> �i'�fee titIt�'r�l uot m�rge tmless L•midtu'agreea to�tbe.����!w�lurig. . �,�, .
<br /> R�-r�- �.; .,,�thts Security I�suara�tis on a w�it�fio�a ccadomin3utti.or a plaAn�imitdav�dopm�ptl,8ortosver ada12 perfaim aII �
<br /> ��,i eEIDbrmwec's obli g 2 t ioa4 u a der t h e d e c l a�a t ian ar.c a t e v E n f�c�ti n g o r g o v e m i tt g�t t ip a�u ddmi�ai�os ptan�ed unit �,�,{�,�
<br />, -- ,. � development.the by-laws aad regulations of,[he candomimum flr•�11�mncd�adit�devedcmmriu�m�i�ccrostituent do�. �. ;
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<br /> _ _��::`�,�"',;: -- •7.P¢+otaction of Lmde�'e In�fitu If Btirraxscm ca• �rfmm�the covenmits aad agree�ts °-:
<br /> .;`•`��.�,.: � caa�iaod in tLis Security Insaumeat,or theie is a legaUy,racsee3ibg.Wt4�mEyt��i$�t�t1Y affect Lender's rigj�ts ia the '"P•,�;
<br />�. .�::�1��s;',�t' • ': �►(such a9 a p t+o o e e s�b8 In ban�vpuy.Prq b s t e. x a v n d e m n€t�a or�i a u�d t o r t o e n f o fi e l a a r s o r r e g u t a t l o n s), �:';;;s
<br /> ,;,:�;: �� ''� � � anb L�eader's r�hts ia the
<br /> ,di�u��uder may do and Qay for wl�atevec is�to pmiect�tttt!vatue of"iha perty ea �_
<br /> �, .��kperty. Leader's asxtans may iaciude pay.it►g a�sua�sec�ued�by���,.,ijan�wLich Las primity over this Seauity _
<br /> � ,` : �p�'���P�+�1�8�'��PaY��•r�uuable atroraepa'fees sud comt oosts in both
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<br /> ,,��.Y�� , t�fi��W appetiate comis.a:W�g on�ths.PmPem�to�ic�s rePa�. Although ireader may take actioa under this
<br /> �� g�r�h 7.I.eader daes a�t ha�e ta do so.
<br /> ;:�,`�4 " ; :,,,.;+Any amoutits disbutsed by Lendcr�der t�is paragtaph 9 sLaII bocome addittmn�il debt oi�ormwer s�uteA by this
<br /> .�;;" • ;.'��n�ity iastr�ment. Unless Bomawer•anG�aS�ee to ottcer teerm�of payment,these amounts shaU bear Iatecest
<br /> � ,` ` '.' �;' . �:,f8�a�the date pE disbwsem�t at We cate s,rac fnrth in�e Note if permitted by!aa os,if nnt.at tite highest laviful rate .y
<br /> ����� , ;:�?,�a11 be payabte.taget�;aritL such�t.upon aotice from lEndet to Boiramz m.questiaa paYmeat- ,�
<br /> ���r�!4i��t�E �.�` 'f�. :�� �. ,.�. : ` ;. � ...
<br /> �:.� . .'; S.Inspeetlaa. Lendet'�urii�ageat mag ttrs�Ce��ar�E euuies upon and ias��tlous of We Pcoperty. landcsr shaU � �
<br /> � _ , ' .�. ,:i� � give Boamwec:�adce at the dme of or priac tn?4���s�.�ia�sP�iP�+in$�asonabte caase for the iaspectton. E• '�_�
<br /> ' � =�.��•-j`` .9.Coa�tion. Fat�t as pmvlde3 bq aDpUc�'ir�t•�v..�ite Ot�eeds of aay an►ard or claim for damages.din�t ;,��;;;
<br /> .� .� . ..�ei�utn�eqaeai.�a3.in connecdfivR with aay candemnut[on�nr�stfter takin�of aay part af i3us�ProPenY.or for cameyaaae in
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<br /> , '.��ia�ci���don.am�e�bY asslSaed aad sha[!be�pt�ii`to Leader and applled to d�•amo►mt secured 6y this Ser.�rity � _
<br /> -. .`�vi�:s�i�ct co dte teems oP auy s�r mortpge.ded0 of uasc os other sea�rity'snsavment. Aay eaccess�l he ,
<br /> 1�: . . � - '�:�t . .'.:�!��'.. tg�y ee�dtied to it:,;:;. �. � :, �
<br /> :; ,`.::, 4�. -� ; ; :. .���he�t pe�is abandoneA Dy Bnrtas�vt�.or if.after notice by Leader to Borrower mat the oondemaor offas to ,
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<br />_ ::::,�:,�: . ` �en award or settte a alaim for damages,Botrawac fa�ilS to reaspoad w Isnder wIthi�3�daye afcer the date the
<br /> ,.. 't t`;;��;� : • ,. :�,mn�e is given.Leader�S matkuri7ad ca collecA aud aPP�k ttte pmoeeds.at its opdon.either to�storation or npair of the
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<br /> . � • - �rsgErty os w t t t e sums s e c u t e d h y t t il s Seaui t y I ffi u w m r n t.w h e t h e r a r n o t t h e n d u e. . . .
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<br /> _ _ . � Uatess 1.eader aad Bormwer othe�w}s�e agree in writing►aaY ePDlication of prnceeds to prin�ipal sball not extend or
<br /> � • .� Dostpoag the due dase of the monthlY PaYments refened to in paragrapL 1 or cLaage the amount oi sncl�payments. ..
<br /> :,. � . lm.Sorrnwer Not Reieased:ForbeB�ance BY I�nder Not a Waiver. Lxtensioas ot the time for paym�t or .
<br /> .� � --� - -- = modificatioas of emorti�atian oP tho aums secased by t�ls Set�try r„�r.,,meni granted by Leader to Bormwer ot to atry .
<br /> . ' saoc�ssor in interest of Bosi+nwer shaU not operata to rele�the tiabilicy o!the original Borcower or 8amawer's
<br /> � ;� . suc�sors in interest. tender.shall not bo reqaireA w oommeace prooeediaF,s againse anY suoo�or in intecest or reflue
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<br /> to eatend time for gaymeat or atheiwise mndit�►amoni�Fon of the sums secumA by tbis Seaniry fns�t by�on „ �
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<br /> 1�C5ffi - 4Z119�1 A�e3ot6 BacAppP•twit�e.
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