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, _ __--- <br /> - __ _---- <br /> •�. r.K.:s•...1_:,._:.a... _ __ - _ _ _ _____.._ <br /> Ualea Len�ler wrS Borrower otherwiae agree in writin�,any�ppllc�don af proaals t pr7ncip� s�t`�(i �tencl <br /> or pc�or� tLe due d�te of tbe moathlY gryments rekrred to ln pan�raph.r 1 and 2 or chxnye the �unount of�he <br />_ pyments. !f under pan�riph 21 tde P�erty Is acquired by Lendu. Borrower'e rlaht ta �ny iasuru�ce poUcies uKl <br /> procads reaultiag from dunage w tLe Prqxrty prior to the �cquisltion shall p�ss to Lender tu lhr extent uf►he sunu <br /> securai by ttue 5ecurity Imtiunxnt Im�tely prior to tl�e acquidt�nn, <br /> If Barrow�a obt�ins tny r�ther h�zard insur�ace or�ny other insur�nce on tbe Property and such insunuxx is aot <br /> epecifically requicW by Leuder,tl�en euch iasucance shnll (i)wuae Leacier as loaa payee thereuqder �wd (ii)be subJect <br /> to t6e provlaiom of this pua�nph S. <br /> 6. Pnrlwtio�� lt�iolarnoe �od Prdectioa of d�e ProQe�ty; Bo�rowa'a T�om Appik�tia�; I.erel�oid�. <br /> Borrower cball not destroy,danu�ge or imQair the Property, �llow the Propeny w deteriorate, or cannut w�ste on tbe <br /> PmpectY. Horrower shili be ia defiWt if�ny forfeiture �cdan or pmcad9ny, wheWer civil or crimin�l, la beaun �6at <br /> in Lender's good fiith jud@neat could rcault ia forfeiture of the Propecty or othe�wise materialty impatr the llea <br /> cceated by this Security Iasuument or Lender's secudty intereat. Borrower uu�y cure such s dehult wd ninetate� �a <br /> prnvldai ia paca��ph 18,by causin�the�c6on or procealipg to be dismisced with a iuling that, in Lender's good fiith <br /> determiauian, precludea forfeiture of the Borrower'a interest ia the Pn�perty or ahu materi�l impaimoemt of d�e lien <br /> ciated by thte Sxucity Ins�umeat or LeMer's savrity intereat. <br /> Bomo�wer sh�ll,�t Borrower's own expenae� ap�xar in and defe� my raion or prc►ccodio8 PurPoriinP to affect <br /> the Property or any pordon tbereof or Borroaver's dtle therew, t1x v�lidity or priodty of the lien crpuai by thia <br /> Sa;wity Inunuaeix� or t6e r�hts ar powers oF Lender oc Tnuroe with re�pect w thit SeGUdty Impnmoent or die <br /> Ptvpeny. All c�uses uf�cdon of Bormwec, wbether accn�ed before or ifttr tt�e datc of the Security Iostmment. for <br /> d�m�e or iqjury to the Pmpecty or�ny put t6ereof, or in connecdon with any trxnpctioa finmced in whoie or in <br /> prt by the proceods of the Node a wy other note secund by this Sscurity In�uno�ept by Lender, or ia comxtion <br /> with a a�eCtin� the Pmpaty a any p�rt We[eof, inciudin� cawe� or sqian arisin�in tort or 000tiacx �ad c.�nei of <br /> ac�n for frsud ar cot�cailment af a muerial fict�are,at I.endu'a oQdan,�ned to l,ender,uid the proceeds t6enof <br /> stull be paid diiatly to L,eoder w}a,�tfter ded►xdng therefiam �11 its acpames, includin� maombk �troroey�' faes, <br /> �Y �PP1Y +� Pt'�eed� to ttro sums �ocurod by tLe Secutity Iaaaumwt ar to �ny drficiency uoder tde Seauity <br /> 1� a m�y rele�be any monia ao recaved by it or�ny put thera►f., �s Lender m�y elect. I.eader n�y,u ia � <br /> °����Plx+� ��Pmeecute in its own n�me �ny�ction or pmcadina to aJtxce �aY anch ame of�Soe aad m�y <br /> � �Y�� a settlement tbereof. Bor�uwer �rxs eo exavtc siic6 fuut)�a aoi�omeab aod a�other <br /> u� �t fram time W time may be naxse�ry w et�Cduta t6e fone`oinj pravl$ionv and n Ixader �Ii reqwe�t. <br /> Barrow�a �h�ll �iso bs in detault if Borruwer� duriq� t6e lan appliation Wocas. Pve mMerLllr f�e�a <br /> imocau�te lnfatro�on a sqtaneac w I.ender (a 4iled W providc I.eader with �ay m��isl iafocrostion)' {n <br /> _ c�oaoeqioa �vith i41wn evidenad by the Nc�te,includit�,M�t not limi�ed to,:epreseuradoQ,t conoexni� gorrov�r�� � <br /> , �7����I�s Pnvc►PV r�idenoe. If diis Security In�t b on a knebo�d, Hoioi�owa ihW a�a�ly� <br /> with alt the provisiods of t6e k�e. If Borrow�u �cqulrea foe dtk to the �ro�'� d�e`le�old ant'1 the fa tide a�ll <br /> not merje oulan L�ier qr�eet to tLe mereer ia writing. <br /> 7. PiWxliaa af I.eaier'i it� i�dre Prapett�. If Borrnwer fitilt_tq Palbrm th� covemnid► 'yd �� ,� <br /> oom�ne� in thia Sowrity Jaspnunent, or there is a legsl ProcoedlnB that m�►y d�ificantly at�xt I,eacler's ri�p in d�e � <br /> Ptopecty� {�rnch �_a pnuoeedi� in b�otrupu,'Y� Probsa. for oondemntioo a for[dtu�s or eo enFotca L�vs or <br /> rejda�tiol�a)� tbea i.eoder ma�d�sod pa�y for wh�tever is naxseuy to protoct tLe valoe of tLe Pmpcit� �nd L,eader'a <br /> r:�Lis ia tLe Pmperty. I�eadet': s�xiaoe may include P�Y�nf�Y�a sewred by a lien vYhich ha prlority ovtr.this <br /> ��Y�n�g� �PP�af u►��Pe7�L tarowble �twrne�s' fees�od eatain� on the Propert� to m�be re�aif�. <br /> Aldwnjh r.eada �o.y raioe act;on ,waor t6i, puagisph 7,Leader aoes notc h.�►e on ao eo. , <br /> �►n1 amoimt� ,d�i:bunod by I.eodrr under dtis p�r�ph 7 aEuill bes�oare �dditioa�l debt of�orr�iwer recvred by • <br /> this Secoritp I�rc�eat. Unka� Boimwa iwd Lenrkr a�cee a od�r temu of PaYm�a�, Wae �tnonnls ib�ll bar <br /> inlaest fmm the d�e of dia6ur�emeat u the Note rate id eHa:t hnm time to time and abill be Wysble.wlm inovatst, <br /> upon notjce fr�om l.eacler to Ban+nw�er reqa�tini P�Y��• • ' <br /> , a. �taq�e Ir�a�cs. If I.eader roquirod mott��e irour�noe as�condition of rmtiq�the"ban e�ecural by Wis <br /> � Sewrlq Iap�t;.�onow�er a6W py the pranlw� nequirod to m�itwin ihe moct�a=e �CUrau�� in effect.lf,for <br /> aaY�e+uon, t6e mort�c ins�rana oan'er�e requirod bY Leada L�p�es a ca�a to be in effax,Boctuwet ahll�pY <br /> me pnmium required to obtaie oovGC�e a�bs�atiatty «ryiv.kac w the mat�aje iswuanoe pmiouety;n el�ect���t <br /> a ooet subaaa�ially equiv�leat to the cost to Borrowcr of tLs mottp,�e i�eurar�oe prcviowly in efEa�.from�a al�anaoe <br /> n�oct�+{e inuter a�+avad by Lender. If aubatantiilly equivilwt modBaR iawr�noe cover�y� i� not av�ilabk, <br /> Bonowar �11 pay tc►Lender ach month a s�mn oqual to one-tvrelRh of tlrc yarly mort�e imur�nae Pcani�beto� <br /> Patid b1 Boaow�a when the insnrmce coven�e Lpeod ot ce�s�d to be in etiect. Lrrda wjll socept, we �od�in <br /> t6ae pymaws s��lc�es rae�cve ia lieu of mort�� io�ur�aoe. Laa ttxrvt p�yroeata mty no M�er be requi�ai. �t <br /> tbe option of L�eader�ifmo�t��ge iawnoce covenge (ia the�nwant aod fur the period thRt Lender rzqaim) Pm�vidod <br /> by m inacer�ppmred bY I.eada+�ain bea�e�es av�ilAble�nd ia obmined. Bamowrr �11 P�7 t0e pnauia� nd�uired <br /> 0o msimin mort�e imormce in etYect,a b povide a laa rc�tm. udil the requi�ameat !a�aoit�a�e inwr�oa <br /> , wd� ja�000�d�oce w�iW �op wzillea ap�enotr�t betw�en Barawex �ud I.eader or�pplicabk 4a. <br /> 9. L�rpectio�. [.eeder or its agent may nuke reasomble emries upon aad inspections of the Proputy. Lenda <br /> eha1� �ive Borrower notice +u the time of or prior to an iuqxction specifyi�g rrasoa�ble c�use for tLe i�ctioa <br /> i'v.i:a�de�ria�. 'iAe pt+oceeas ot u►y awud o�cWm for d�m�es�dimt or consequeatial� in�onu�caan with <br /> �ny� or od�a tatin�uf�ny put of tLe Pro�xrly. or for couvey�nx in lieu of c�oodaru�tioq are Lr�6p <br /> �ood ud dWl be pRid to Le�ler. Lender may �pply.uae or relwe tln oo�tion proca�a in the qn�e <br /> m�mrcr �s provi3ed in paua�rsph S haeof with respoct to tnsur�noe piocecd�, <br /> If tbe Pn�puty is absndooed by Bormwer. or if�aRer notice by Leatlet oo Bo�rower t1u�t t6e oondannrx olfas W <br /> ma�e �un awud a eettle •cWm for dun�ea. Barowa fails w rc�ond b Lencia wit6in 30 dayr aRa tbe daoc the <br /> nodoe Is Blvea,L,euder is�uthorisai to colkcc aod�pply the procoeda� at fte aption� eitba to ratocatiar or repir of <br /> d�e Proparty or to tbe sums aa.wed by this Security Iustniment. wLedx:r or noc then due. <br /> �xxn rn�1trc[8 t�ooa�� p�v, oxs�r� <br /> °"".rr s��r..rr.aoo►w�i�a Pe�e 3 ot 7 p <br /> Borrowor IakiaL �� ", <br /> NRVOT.03 <br /> . .._ ___—__. <br />