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1��.� . . . . .J. ^ . . . ��.��.�� . <br /> � -li[���f'�;� '"._. _�..__ ._ _ <br /> __.....__............ ...... <br /> .____.... ... .. ..... .. ...... ._. . . <br /> � � 98- ��� <br /> s, H�a�rd ar property Inwr�uee. Borrower �lull keep the Improvemenu now exiettn� or hereafter erectod on the <br /> property iiuurod a�tlatt lou by flre,hizu�d�included withln tbe tena 'exceaded covcr�e" u�d�ny othcr tw,�nli, lncludln� <br /> nooa,Ar n�, for whlch l.�mder require�in+uru�oe. '1'b1� iawru�oe�hall bo m�latainod ia the�mouna�nd for tho pedoda <br /> �hat Lealor requlra.'ILe iaiunace curier providin�IhG ituur�nce�hall be cUo�en by Borrower�ubject to [.rnder'� y�provv <br /> which�h�Jl »ot be unc+eawn�bly witf�held. lf aorrowa fdl� to nsatatain covera�e dacdbed�bove, i.ender may, u I.,a�der'� <br /> optioa,oMain wver�e to protect L.eader'r rinhu in the Prapecty In�coord�nca wlth p��rapd 7. <br /> All in�urwa paliala �od reaew�l� �bell be�ept�bla to L.eader�od �hall include a uandud mon�aie clwae. Ler�der <br /> �hall have tho d�ht to hold the policia u�d renew�ls. lf L,ender requlra,Bnrrower�all pmmptl,y�Ive to Lender ill receipts of <br /> pdd pcemiudu�ad raoew�l ratlae.la tba eveat ot lou, Borrowa� �ll �ive prompt nodco to the iaiuru�ce carrier iusd Lender. <br /> Leader m�y m�te prooi ot lou if not mide pmm�tlY bY idorrowa. <br /> UNaa l.eal�r wd Borrower ott�rwico s�r�e ir�writit�, insurance pmceeds shal!be appliecl to ee�tor�tion or repair of the <br /> Propaty daa�yed,it tbe rator�don or rewir i�aawaaic�lly fwible and l�ender'�taurfry u not launed.If thse rcatoruion or <br /> repair ts not economically fwible or I.er�der'i�ecvricy wauld bo Ia�a�ed, the iwurance pmceedi ahtll be�plied to tho�urns <br /> rxura! by tbL Security Inttnirnent, whether or not thea due,with any eaau ptid to Borrower. If Hormwer abu�dons the <br /> ProQerty.or doa not uuwer within 30 My��notkx fmm 1.eudcr th�t tue uuuru�ce cucier has offeml to s�tde a claim, then <br /> l,eada ayy collect t6o iosuraace proca�ds. �,�der nsRy u�e tho prooeeds to repdr or rawro the Property or to pay sums <br /> �ocured by thu Secudcy Inttniment�w�ether or no►thea due.The 30�day pei'lod will begin ahen the not[x ie gtvcn. <br /> Udc�a Lmder�od Herro�ver otl�ecwl�e�o ln writia�, anY 4�pltcatlon of procada to ptinci�r�l sh�ll �t extend�or <br /> po�cpone tl�due d�e of the monthly p�Ymeaa reterred�o ia Pac�graPhs 1�d 2 or ch�n�a tbe unouat of the p�ycaaus. If under <br /> para�r�p4 21 tbo Pmpaty b �cquirod bY I.a�der� 9orrower'a right to wy In:uraaa polkia uid procoeda raulcin8 from <br /> dun�e to tbe Pc+opaty prior w the�cqui�itloa�hall pw to I.euder w tt�e extent of the swm exurod by tW�Sxudry instcum�t <br /> immedi�telY Prior a tb�+Muliitlon. <br /> �.Ooe�pre�,R'+aentllo��MdNtau�ace ard Ptntectio�o[tbe Fro�aty:�on+ower'�I.an Appilcatjon►Learebolde. . <br /> Borro�va dull occuPY.atablish,u�d uu the Pro�ercy�s Bomower'�principal rc�ldax�e within aixty daya atter thc ezerudoa of <br /> thit Secudty Imtrumeot imd�h�ll ooatinue to occupy the P�opaty �Borcaaa's pdncip�l raideace for�t lau ooe yar o►Rar <br /> the d�te of ooapaocy.unleu L�eader otl�ecMrlu a�rea in writuy. which oonKat�h�ll not be unrauoaably witb�held. or unlas <br /> eutmuatin� dreuma�noa exiat which are bryood Horrower'� oontroJ. Horrower sh�ll not datroy. dam�ie ur imMir the <br /> Propecty, �llaw tbe Propaty to deterivate. or canmit a�te on dre �rop�erty. BocroMer�ull be in defiult if�ny fakipu�e <br /> �ctloa or pc+ooeedin�� whahtr civil a c[imia�l� L be�un that in Ltader'��ood hith jncl�moat oould ra�ult in fo�ieiture of the <br /> Property or o�herwi�e m�tedally imp�ir tLe liea created by thi:Socvdty Lutnu�reot or L,eader'e tecudey intereu. Hocra�ver maY <br /> cure n�R defwlt�od nin�t�te,a peovided ia poraar�►18.bY c�wini tlks�ction or prooeedinj w be dLimi�eed�vit�a culios <br /> that� ia Leacla'Y �ood futh detaminatioa� Procluda forfeitun of tha 8orrmver'� inta�at in the Pmpaty or ather m�oe�iv <br /> imairment of the lien created by this 5ecuriry Imtnw�an or Leoder's�eauity intercu. Borrowec�11 alio be fn defiult if <br /> Bormw�er,dwin�tLe lam application proaa��tve m�terWly felse or itu�cauue inforr�._..yon or wtemeob oo Lende�(or faibd <br /> w p�ovide t�eaaer wici�any m�caial inio�maiiaa'�;�wr.�a��wx�,s�;a:a r::xca!b;t�Nase, :�,. �+ •,h�k nnt li�nited <br /> w.�_���nia�B°n'°�r��oocx�picy of the Pcaperty as�prinap�l resideaoc.If thi�SeCUritY Imt�umast u on� <br /> leirebold, Bo�ro.va st�U�oomplY �vith �ll d�o provLioin oi the lea�o. If.Borro.ve�r �cquiea fee H�la to the Piupe�ty, tbe <br /> . . lenehold�od t6e fee title dull•not metr ude�t�l.etxler a�aea to.tpe ma�rs in wriiiu�. . <br /> 7.h�ote�tloi o�•l;trder'�Ri�iMs is tie Propair. lt Hotrowa faW to perform tbe oovmaots md aRreea�ts oont�ioed ia <br /> t6is Seaufty launuqeut.ar tbeae L�le�a prooeedinR th�t m�y sieaiflcmtly afiact I.eader'a ci�in the Propaty (wd►a a <br /> proo�eediu,= !n badQUptcy.pc�ob�te�tor oondaata�dun or foridture or to eaforoe lnvt or re�uLtiao�)�diaa I,eoder may do�od <br /> p�y tor whateYCr i�neoeaucy to protoct the vdue of the Propxty�od La�der'a d�hb ia the Pmperiy. Lreader'��ctbm mry <br /> include pq,to� aay au� �ecured,by a liea which has pdorlty over thia Securiry I�tivmeat� �pQar�n� in court. P�Y�f <br /> �+wooable attaney�' foa�nd eaterin:on the Propeety to malce t�epirs.Althou�h i,eader;vs�y talce action ttoder ts4 puapapd <br /> 7.I.!!Idlt dOCI�Ot hiVC t0 d0"w^�. , . <br /> Ap�l iID011�W�f11t� � I.l�Et Ut1�7 (hlf pR[�[i�7 I�Jill bO00N4 �tjOO� dCbt Ot BO[DOMC[ �OQIiCd� f�f <br /> Secudty lastcunocat.Unleu Bocrower�ad L,axler�,qree to other tams of p�ymeat� tbait�mouna�h�il barc in�at Lrom tbe <br /> � date of diabunameut�at Ii►a Note r�te �nd sh�U be piYable. with iaterat. uPon notia ftom I.eader to Borro�ra zaquatto j <br /> Prymant•.:, <br /> 3.Moitfpse�oee.If Lenda roquired mat�sae iosuraaa as�oandition oi m�kinQ tbe Iwn�ecured by this Se�vrlty <br /> imtiumeat. BomoMer thall pay f�e premiwm reqttin+d w m�inraia rhe mort�a�e inwraooe in eitoct. U. for�ay neron� tbe <br /> monpje inWVana.covaa�e required bY L�eader lsp�a or cebes a be!n effec�t�BorroNU�ull pay the pe�miumi requit'ed w <br /> obtain oorec�ye subacaatiaUy equivaleot w We mort�e inwrmoe per+�bus1Y in dtecx,�t a oost a�bqandally oquivalait to the <br /> oat W Bormwer Qt�the aartg�ge inaumoe Preriou�ly in efhct. trom�n�ltern�te mortp`e idu:a�ppmved by Lmde�. If <br /> abqmtLlly a�uiwleat matgige 3nauta�we oova�e i�not�v�ilabk� Bort+ower tiWl pq do IRader e�ch moot6 a w�u eqnd w <br /> +ooe-tMe1Rh of tbe yearly mo�t�eBo intucanx Pcxmtum beina P�id b!'Sorrowa whm the inturaaoe oovera�e I�p�ed or oe�ed to <br /> be in etYect.Larc�a will aocept�use�nd ruain�tbae p�ymentu a a losa reaerva in lieu of mortp=e uuur�ooe. Lou raave <br /> Fon��o� <br /> ��IIIN�n:�z�.o� ►.a�a� wrd.• <br />