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<br /> � .� ..` z 5. S�zard mr property Insaraa�e. Horrower sLali �eeP the i�Dtvv�als now exisdng or hemdfter ec�an the . ..
<br /> < � . P�operty ins�ued against tosq by fire.ha7ands Incia.ded wlthiu tIIe temi 'eatend�d coveiage��nd any otber i�aants,indndinS . . °�'�'
<br /> '.,: .., . .�`� ftoods oz fla�.for wh�Ch Lender�eqnires iasuranoe.�����b�n��rroarer sub�Lender�s�paPP='a� �
<br /> _ :�,�£—``�...y5 that Leadet ieqt�s-The insuramx t�rIer P��B _. -- -- -
<br /> _-. .��, which s�ail uot be�ceaSOnabt�withhetd. If 8o:sotiver fails ou maintain covezaga d�ctibed above.Lrader may. at I�e n d e r's
<br /> . � , '. : ogfion.obtain covesage to pmtect i�ender's rights in dte Pmpeity ia aecoidance with paiaBrnph�• ` .�
<br /> '� pD insmance pplicIes and renewats shaU be acceptable to L�ender and shaU itttlnde a srandazd mortgage clause• !.� , . ,
<br /> � �. `; sball bave the right w hold the polldes and re�ewals.If Iende�s mquires.Soaowet sbal!P�P�Y 8rve to LEnder sU receipts of ' ..
<br /> -:.• ,? patd p�emiums and zeu.-avai aodcea Ia d�e event of loss,Bormwer shatl give pr�pt nQtiee�the iativrance c�ier and I.Ender. � '.:. ,•:
<br /> � � � � '"s. I.�der maY make Pmof of las4 if nnt aaade pmmptly bY Bou+ower. :
<br /> • �..�� tJaless I�ender and Bomnwer othenvtse agrEe ia wridn8,iasn�r�ce P��shall be applied to restouatian oz iepnir af the �`% . :.
<br /> . '. Propeity damaged.if the restoiation or repair is erunomically feas'6Ie and Leade�a seauity is not t�be��eam%�o��s�s � ��:;�
<br /> . , � ,�s :+epair is not ecanam�ically feasib2e or I.endec's saauity waald be Iessened,Qie ia�an�oe Pmce�s .-
<br /> ` r:� secu�ed bp.tLis Seeucity Insbument.v�es or mot then da�.with anY ease�Pa�d to Buaower• If Boaawer abandoas the •
<br /> -. . . ..y: pmperty�or does not answet wifl�ia 30 days a notioe fmm Leader that 8ie iasuraace canier�offe�l to seate a ctams.fliea ' �. :
<br /> I,ender ma� c4llect tiie insac►ne�ptatxed.s- Lender maY ase the Btoo�ds t°�pais or�estoie t6e Pmpatt9 or Lo paq smns -
<br /> � , . s�ared DY this$�n►Ins�nt,w�e�or nat then dae.The 30dag►p�ad wIU begin whea the nfltice is glvea '�. '�..'`:• =
<br /> iTnless I.�aad Boaower otH$wise agcee in wdting, at►Y aPPlicatinn of proc�cls ro psindpal sball not extend ar -; ', �;�.���.
<br /> ---� . pastpoue the dne da2�of&e montbly PaYmeais iefe�ed to ia patag�apbs 1 amfl 2 ar ct�ange the amannt of the paymews.If uader - . - _
<br /> � `�.`4�`g P��P h 21 die �'is zs�ired t►Y Lender, Bormwds ug�t w aay imsv�ance policaes aad pmcePds cesnitwg� .
<br /> �.:`:� , damage to tLe Ptog��aior to�acqa�ion sLa11 Pas�to Ixnder to the eatent of Hte soms se�ced by dds Secuaty Iast�mment `� , . •
<br /> ���f tmmed'r�tetY PsIor t��e acqa�itian. ` �
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<br /> b ;, ,��, �;� . ,6.�,1�va3ian.Ma�nce aad Prater#ton oS the Ptoperiy;Borraw�'s Lnan Appltc�on;Leas�oId�. _• '�b.
<br /> '- �`.'S` " ' �`F � Boao�aer shall oc�PY,estabBsY�.and use tis�Propetty'as Baaower's ganc�pal�esideoee witL'm sbcty daya aRer the esecution of °
<br /> .. S�is S�dty Im�umeut and sl�alt cantim�e w oc�y the Piopeity av Borcower's priacipal nstdence fur at least one year after ...
<br /> _ ;f j ,- 8te mae of accapancy.ua�ess V:�,d�o�e:wise ag�ees in wa�g,which consent sbaA nat be ameasunably witl�held.or�1�s � •:•
<br />_ '�': s casucol. Boaovuer shall nnt d�op. damaSe ur�ir t�e `:~y:;=
<br /> :r.; - ,, # exoz�ng arc�lsuces e�s2 �ir�►aze beyond Bormwe� �
<br /> Pcoperty.attow Qie Ytopetcy ts�Ioiate.or canmut waste a�t�ce Yrnperty. Baaower sbari be ia defanIt if a��imre �� -
<br /> .. � � � actioa ot pmoe�is�,wbether civil or tximinal.is beguu�at in I�nde�s�d faith jadgmeni oonld:es43t in forfei�of the . �,
<br /> . . �- Pmpetty oz atbes�ise�alty im�ir�e l�en cmatea bq this Ser�ity Iasav�nt ar I�der's secauey e�t.Hoaowea map '` ':�
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<br /> care sush a defuult ar.��nstas�,�pravIded in garagmph 18.bY caa�u8 tbe aaron or pmceeding to be�witi�a znling �.��:;��-:� -
<br /> - tbat,in Lendet's goo��� P��fa�'eitmre of the Baaawer's intesest In tl�e PmpeKy or ot�er materlat �, �
<br /> , � � impairmeut of the lien c,mated 1sB tbis Sec�itq Instmment oa Leadec's sec�dty I�st. Bnmawer s1�all also i�e ia defaWt if ,;j�.�� :
<br /> :� : _ � � � Botmvuer�dartng�hs?nan applicatian Pmcess,Save materiauy false or iaacaurate 1nfo�ation or stateffients m I.ender(or fa�e� .��,_��
<br />. . � . w pravide Lendea witb any manerial infom�ation}in oonnecdon with�e loan ev�densed by the Nate,inctading.bnt nnt limit� :' �r: '�-;^
<br /> . . . to.='ePsesenta�ions conceminS Boauwer's orSapan�Y of the Pmperty as a principal residence.If tbls Secarity inst�nent is oa a . �. .;�:,�-
<br />- ' ' Ieaseleold� Bom�wer shall cam�Ip with aII the pmvistons vf sbe lease. I�Boaower acqaices feee titte w the Prope�ty, the ;;;:;.�bt�-
<br /> - . leasehoid aad the fee titte sbatl not�erge unless Irender a9�s t3 the merger in wdti48• � ';�%,:,,"
<br /> �.Frate�lon clf E.wdes's Rigt�in the A+nperty.lf Boirower faals to perfaan the cavenants an�a�ments canmined in .. �•�s�°�:__-
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<br /> � .' Biis Secotit9lnstrt�t,or tbere Is a legal pmeeedIng tbat may sfginfica�ty a�ect Lender's�ightq i�E�Pruperty(st�cL as a �
<br />_ .- . procee�ng in 6�ptey.Pmb�.�`os condemnadoa or forfeitme ar to e��rce lawa or s�egutatianv?.Poen Leades map do aud < -
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<br /> ;:�"� Pay fos wfiatever is�N t��tea the valne of 8ie pca�ecty aad L�der s aghta ia the Propemy.Lend�s��ans,� , -_
<br />—_ °.:,rr �� � instnde paytng any s�s sea�hY 81iea which���������acdoD ands7 this paiagiaph . - °-��
<br /> � reasonable attome�s'L�es an�euteriwg on the Property ���'�.
<br />`-�' 7,Lender daes n�s���to do so. . '
<br /> 9 shall becom�additiovat debt of�tver se�bY tms : ,.:
<br /> :��,� , Huy a�ouais��Lender under tbis para�agh n �
<br /> -- . ,�„�.t . ' Sec�itp lnstmment.Uates9 Ea�„�aad Lender agcee to�temos of payment,these amonnts s•�beat int��fmm the >,•
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<br />- ''•�� • daze of disbnisement at the Nate�and sba11 be Dayab';caith intecest.uP.on nodce fmm I.ender to Eorraw�r r°.qaesdAg �t�a��'' �
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<br />_ _ �.: � P Y�M����If Lender ieq�.d martgage insu�ance as a candidon of makiiag 8ie loaB s�care�by tliis Se�anity .
<br /> ' ' � : lnsaument.Bomar.��sbaU pay f�e P����to mainmia tLe mostgage iasntanoe in eff�t.Yf, for at►y r�ason. the : :��`.-
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<br /> � mu�ge iasutauce caverage ie4.�d bY Lender tapses or ceases to be ia eff'ect.Bormwer sbadl pay the prem����,nired to „;�;y��. .
<br /> =_ � � . ob�ooveiage substandalJy equivatent to 0e mortgage insaiance pre�rtoasly ia effect.at a cost substanti�ltq eqai�"a:�s to tfle ..'.::Y;;`»,`tt�
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<br />=�:,.. cost w Bormwer of the mortgage insa�sure psevionslY in effect�from aa at0emaoe mostgage insurer upproved Dp B�euder. If . .,..4i;` .
<br /> � . � snbstandnlly emrivalent mortgage insivaace covrta8o is not avaitab2e,Bormwer sball pay w l.endei�mnnth a s�.eqaai to
<br /> _ • one�twelfih of the yearlp mostguge insaance px�ittm being paid by Borrower wLen the insnraace oav�ge lapsed or ceased m • .
<br /> - . - be ia ef�est.l.en+der will accept,use and retain these payments as a Ioss reseeve 1n lieo of mmtgage iasarance. Lflss r�ve .
<br />- Fotm 3028 9t90 '
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