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<br /> S. B8Tr1id OP p1'O��y �S�i8IIC2. BOIlOWCf Sb21t � lIIl�IO C�1�$ �i�+►p����C i . ..
<br /> - - . �� �P�Y��s�toss Dy �.�azards inctuded wit6m the tezm'e�aeade�coveiage' �td any other hatards.inctuding :- . .
<br /> `, �r 1 fioods or tIQOdiag.for�vhica Leader�qulres insurance.7'�is iasuran,oe shall be maintained iu the amouats aad for t�e pec�uds ' .�� ' ' . ,
<br /> ; , <� tbat lRnder r e q u i r e s.11so tasuraztce catrier providfng the insutance shall be chasen try Bomower subjett to I.ender's approvai � • .
<br /> . �x�icL sDa1!not be�mteasoanbiy cvithheid. If Borroarer tails co maiatsin wverage desrn'bed above. lrnder may,at Lender's
<br /> � optIon,a6taia cave�age to ptctect lrnder's rights ia the Pmperty in acoordaaoe with paragraph T. �
<br /> �Ul insurance polides and ieaewats sHall he aoceptable to i�eader aad s�at! inctude a standard mortgage clavse. Lender ` . �
<br /> , ' � .. sbaU dave the d�t tv hotd the policiss and iencwals.[f l�ender requires,Boirawer sDal!Promptty give to lender all mceiprs of •..
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<br /> `_ paid premiums and renewal nurices.ta the event of loss,Bormwec shatl give pramgt nutice[o the imvrdnce cazrier and Lender. -_---- - . ,
<br />. _ _ _._ = i�ader may eiake pmaf of toss if aot made Pmm�tiY 1>7►Borr�wer. ---�'�_ --
<br /> �� Unlcss�d,�r a�3 8orrower o�rwIs$agr-a��rt��.�proca��al2�apgs2'r.�ta zeatas�az sepsir af the = -
<br /> . � . � property damaged.if the msiordtioa or:epair ls erAnomicaliy feacible aad Lsader's s�urity is not lessened.If tfle restaration or � _
<br /> , ,. r.� r�air is not eooIIOmisally feasibte or Leoder's security woutd he iessened,the�ce proceeds shall be agplied tu tHc sums ; ;
<br /> , . � - c, sECUred by dus Seattityr msriro�ent,whether or not thea-�e.with aay excess patd to Bormwes. If Sorrowec a6�dans the `:. ��:�.::�. .
<br /> j:,1 �P�3►,or does aat apsaver witbin 30 days a aotice flom I�uder tbat tfle iasuraace cazrier bas offeced to settte a claim,then �;_�;. _ .: � .
<br /> Ycnder map coUett th�iasu�ance proceeds. ieader may asc the pnoceeds to repair or resto�the Pcoperty or to pay sums :;;''��: ..- -`,
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<br /> `_ � �� se�.vrod 8y d�is$ecurit�t ius�mem,whei�er or not then due.T6e 3Q�day geaiad wi�begin whete the notioe is givea. ,rs_-�:::.;-"
<br /> � • . Uniess lrader aud Bortawer ot8erniss a�ee ia wrlting. �5► aPP P P�P� " :��::c�`��=
<br /> � ` lirauoa of rooeeAs w shall aot eatersd or ;.,� x�-.
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<br /> ;; 'r,�:s Pastpoae the dae date of the monshlY Paymenffi ce5ened to ta paza�rapbs 1 aad 2 or c�aange the amowu of the Payment3•Ifwa�r �:--
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<br /> - �- . _ paragia�ph 2I the FnepertY Is �d�yY �d�, Borrowes's isg�t ta aay �ce golides and gmcrxds ies�eIti�.from =–._ ___ �'.-`-__
<br /> �. damage w the PcoP�3►Prlor w the acqu�ion sbaII p�s to L�der m the e�ent of the sams seca�bq tlus�Carity tnss�u�ent :�..;.�a�.;-.:
<br /> � . � _, uamediateiy prFnr to tLe asqnisiaon. ' . . :..�_.
<br /> ' •:�;. ' 6.OanPaae9.1°Y+esuva8sn.Mainde�amce and Proteetton a�the Aroperiy;Borr�er�P�iutm AppBeatfun:L�s• ';`��_:;_:._�_
<br /> ��." . . . Hormwer svaU oowpy,es�bllsh.and use the Pmperty a9 Bormwes's prIna3pal resideace withia sixty days afier the e�aa of ; ,*��-
<br /> �:. �• � tbis Secvrity Iasm�ment a6d shaD coniinne w aocupy tne Ftoperry as Barmwec's priacipai�+esideace for at teast one yrdr aRer _'.
<br /> �_<: � . the date of ocwpancy.mIess Leader athezwise agces in writiag,�rbicb cons�at shaU aot be imr�a,flnabty withheld,or�mtess � V.�::.
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<br /> _ , . ';,:;.. extenuabmg�cf�msmaces�eaist wblch are beyond Borrower's cantm2. Boaower shall uot desaoy, damage or impair tfle . ,1°: . _��
<br /> , =n,��;, , pmgerty,aLtirw the Pto�sserty to deterior�ie.or oommit aaste aa dae Property.Boaawer sliali be in defavlt if any fozfeii�ue . . ..�_-
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<br /> • , .., acnon oz pmcee�iiag,w�thcr civil ar c[iminal,is beg�tbat in Leader's good faith judg�aeat conld tesWt in forfeiau+e of tge `';�,.,:�.
<br /> • � ` .. �mgerty or othecadse ma�erially impair t6e Iien cceated by tLi4 Secadry Insnument or L�ewier's secari3y i�ter�st.Borr.awer��ay `�"�`
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<br /> .. � . cac�e snch a default aad ceiQState.as p�vide�in ParagrapD 18.by cansing the acdon or pmceeding to be di�d witL a mling
<br />_ .. tHaz, in Imder's gond faith de�erm�on. P�ecludes forfeitum o€the Bosmwer's iuse�est iu��te Pcupecty or other mate�al .
<br /> ' •�•. ;ty�fi;.•. impauaceat af tLe Iien c�ared by tbis 5�curiry �nst�um�ut or Lender's seca�ity mte�st.F.arca�*er sLall alsa be in deE�3t if .. ;:
<br /> . �:;r%ri��•� Botaowet:dariag the loan application p�aoess.8�ave no�tedallY false or inacr�uate infonnafiuca ar�tatements to Leader(er�:itd• , , :
<br /> � ''r�`�'`•`, w pmvide�er with any mateiial infurmatioa m coaaectioa with the toan ev�deaced ti��Note but not •�}"'�
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<br /> , " to,repres�.taaons oaac�rsaug Bomuwer's�pancy af the Pcoperty as a p�incgai�esideace.If this Seaulry Insamment is on a .: ��:;,;
<br /> ',;,1,{` l�ot�,; i�cc.+oo+ec shaI�somply witF�alt�the pmvisions ai t9�ts�,..�. If ffa��iet asq�'s.�a fee 6de W the P,ropets�;;the � .;;�
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<br /> �_ �„�,��,�•�,� teasshot�i��e fee title sball uat me�e untess Lrader agcees t��i�ger in wrii�g. �: '. ' a —
<br /> 1� 3�r�'s� 9.�Si:�ctlon oY Leadcs's 'Y�La f�tEae PMope�ty.1€Eorma�z`faiis to pecform the covs�,tis and agreements ca�ia
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<br /> `��r;'�,:�� � this Se�urity Insuument.or thece is a�ai pt�aceeding tLat may sigaifcaatiy affett Lender's;q�ts ia the Pioperty.(such as a .. --_
<br /> .- .". � '�rucxeding in banlaupuy.Pmbate,for conde�on or forfeituie os to eafo:se laws or regutatia�s),t�,:Tryadar,may do�d �.;���`
<br /> '�:r :i�. for wl�atever is nece.csa:yr to protect the vatue vf i�e Property and Lender's rIglits in the Pcogercy:��*.�r'�aqions may . '����_
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<br /> ,,k, ,:,inctade P a y i n g an Y sums sec�r�d by a lien which��priorit�r.ove[ this Sacurity Ia�umettt, �p�af���im oontt. Daying
<br /> .''�::,�:�� �asonahle attomeys'fees and enteting on the Praperty to mahe�.Atthough LeudeY may.take acdon imder this paragraph . - �
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<br /> �� - , ` 7,Leudee does not have to do so.. � . " `•. ' � 'l� _�
<br />;�:�:•, "� .,. Any amonnts d�3 iry Lender uader thrs�ragaph:? sball become addition�ai debt of Boaower secu:ed by this � . .
<br />--�s::._�. _'.. .,... Security Inst�ument.�i��8orroarrc and I.ender�rc�s*�te��.s of pay�t,these ammmts sball bear inte�st fmm the � z ,.,.:...-��.;�;. ,�
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<br /> � r s`,� date of di���.sement t��t��Note rate and sh�ill be��c2,,�+l'aSl,�terest�.aQon notice frem Lender to Borrower t�:ag �'�.�•;. t
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<br /> � ����"r y�. , p�8 Mortgage Insurance.If Lende.�required mo�e ir..�i��rtx�es a condidan of making�Ge Ioan secured by tbis 5�riry , :..�:
<br /> -. .rustcumeni,BomnNer sbaU pay the g�miums re��w main t a i n t he mortgass i n s u r a�c e ia e f f o a. I f.:S o r a a y i e a s nn, the �.
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<br /> . . : :morcgage iasnrance coverage required by Leadei�or ceases to be in effect,Borrower sbaU pay the�sr��s reqnt�d w .
<br /> . - , ..�.bbtam cc��*age substaatially eqniv a teat to t he ma�ag�insivance pr e v i o u s l y i a e ff e c t,a t a o q s t s u b s t a s.ti�,�,�e q u i v a 2 e a t t o t�e. ._�.�,� �.. '"".
<br />-:� � . ' .��� cost w 1?�a��ver of the murtgage insviance previously in ef3sx.,.from an altemate mortga�7csurer appmved by�d€r.If . � -'�
<br /> .� � � . ' substantia�y equivaleat mortgage insarance coverage is,not avsr�ire,Borrower stmll Qay.tc��r.ider eac��montL a su�sqfx W,3 to . . .. ' '
<br /> � �,�;. onatwelftL of the ye�.i}�n�.ortgage lasorauce ptemi�being pa�d�'�3 Bornow�r wttea the inst�rauce coveca��lapsed or c�:d to • � .
<br />- be in effect.Lender wi�ara�ept.us�and m.tain tl�e�a�aenta es a Tass reseriye iai� iiea�of�murtgage insmr,�toe. Loss reserve . .' ° . �. ,
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