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. - - <br /> 'ii.c::,i;ti;a::�. __ --- ._ _ .. �� ---- <br /> __ _ _ <br /> . � 98-- �iso3ss <br /> 5. I1�rd or Property Iu�uruce, Borsower �hdl keep the impcovemenu n�w exinina or hecrafter erocted on tho <br /> Property inturtd t�datt lou by 6re,hazudi lacluded wildln the term'extendod covero�e' utd �ny other h�zaMt, includin� <br /> nooas or nooa�, for which Lender rcqulra iruunnce. 'r'hi�ituurance�h�ll be m�intalncd in the�mount��nd for thr pedoda <br /> tlut La►da►e�quird.'Il�e insuruice urcier providin�the lruur�nce sh�ll be choun by Harrower�ubJoct to Lender'r�pproval <br /> which shall notbt unreawnably wFthheld. If Borrower f�ll�to m�int�in covera�e descdbed�bove, I.ender may, at L.ender'� <br /> optioa,aM�fn oovenqe to pmact I.eader'i d�bu in the Property In accordana wl�h puajnph 7. <br /> All lncuraax policia and renew�is �h�ll be accept�ble to Lender u�d iha11 Include �standud mong�ge clau�e. L,ender <br /> ih�11 l�vc ihe ri{4t w hold the pol�ia�rd rauw�ls.i[I.ender requira,Sarrower�tiall pcomptly�ive to Lender�II reaipti oi <br /> W1d prccdams�ed ra�ew�l naioa. ln tbe event of loa,Bonvwer�halt�ive prompt noda to the iniuru�cs carrler and Lender. <br /> L,encla may asaike pmaf of losr 1f not m�ck promptly by Borrower. <br /> Uula+I..eadec�od Bomowe�'othawi�a�ra in writing,iruuru�ce pc+n000ds sh�ll be�pplled to ratoration or ropair of the <br /> Property d�m�d, it tbe rator�tias a re�uir is economlc�ly feauible md Lender'��ocurity is not lasened.If thee restnrotioa or <br /> rep�ir ii na ooaaomkally fe�ible o:La�der'��ecuriry would be launed. the insuruke pmceeds th�11 be�pplied to the wms <br /> sceured by�his�OC.vrity instnimait,whether or not thai due� wlth any excas p�fd ta Rormwer. If Borrowa abu�dom ths <br /> Ampe�ty, or doa rsa�ns�er within 30 days a notia from LeMer that tl►e intuniaoe curicr hat ofterod to�ettle a cl�im.thai <br /> ���+Y���� � ��Praeeds. L,ender m�y use the proceMs to rep�ir or �rstoro the Property or to pay sums <br /> socuc+ed by thi:Scc�uiry Ia:trument, wheeiher or not thea due,ll�e 30-day perlod will be�in whan the notice i��iven. <br /> Unlea�Lrader wd Bornower aherwi�e �gree in writing, �ny applicuion of prooeeds to principal shall not extend or <br /> poupon� th due date of the monthly prymeaa nferrod to in para�raphs 1 aud 2 0�ch�nge the nnount of tbe paymeati.If under <br /> pu�r�ph 21 tLe Property is �cquired by [.enda, tiorrower'• risht to any insuruwe policies iu�d prw,�eedi reauldnj tro�n <br /> dama�e to t6e Prop�rty prior to the acquisitioa�1 pw to Lender to the exteat of the suros secuced by this Saaidty Inatnunent <br /> immodl�tdy pria to the acquisition. <br /> f.Oa�pas�l'. tnrenattoa�1VLMt�nee�nd Protectlon ot t6e ProPertY:Dorrowa'�I.o�a Appliatioe;I.aue6old�. <br /> Borrower tlull aaspy�ert�blLh,md we the Propaty a Bormwer'�priacip�t realdenoe rvit6in:Ixty dt�aRer the exxutioa of <br /> thii Sauriry Ia�aurnent aud�lull ooniinue to oxupy the Property aa Borrowa's principal rpidenx for u least'one year�fter <br /> tbe date of oocupni,�y,unleu i�ender qtu�r��Kp���.which conknc tfull not be unreaan�bly wit4held.or ualoss <br /> �eou�tinj cirnmstaoa exitt whic�ue beyond Borrower's conuul. Borrowa thall not datmy. danu�e or i�up�ir the <br /> PmpatY. �1o�v�e P[op�tty to detabrate, or commit waste on the Propetty. Borrower�tWl be in default 9f a�oy foiiejture <br /> actlon or prooeetio��wbdher civU orcriminal.u begun ttut in Ladu'i sood faith jud�meat caild mult in farfeiwre of the <br /> Piopecty or attaanlx maraially impair tl�e lica cceated by thlr Sewrity lastiummt a I.axkr'i ucuriry inta�at.Bar�ver mry <br /> aure�adt �defarit aad reinaate.a�provlded in para�raph 18�bY cawit�the�ction or praxediog to be dismis�ed aidt a ruliax <br /> Wn� in L,mderY�aod isith detaminrion, precluda forfdtuc+e of tha Botmrver'e intaat jn t�e Property or odier snatarid <br /> imp�irmeat of th liea c.raoed by thu 5ecurity Instcummt or Laider's recauiry ima�t. Hocmwa ihall alw be.3n detault if <br /> 8aro�r.dircinl th�e lom�ppl3ration proccu.tn'e m�teri�iUy faba or imocurMe fnforn�don a uateauat�to i.�qkf(a fdkd <br /> co pmvide Lea�da wit6 a�r aswuai�l iotoraa�tlon)in catarctiou writh the loan evidenoed by th�Note,includin�;:�but not limitad <br /> �.���dol,Borrowa'a aiwpmcy of tlb 1'c�opaty u a pdncipal raideace.If thii Secv:ity�c�luaent is on a <br /> le+w�old. Borroxes�hall oomply with all•7he provlsions of the le�ue. [f Bo�roMer aoquira fee,�it�e to tbe,�rnpaty� dre <br /> ka�ebaid aod tbe tee dtle�Il not mer�e udas L,ender unoa to t6e zner�er ia Mrltio�. <br /> 7.lrroqotlr o�Landir'�1tlRrb la tre Property.If�onc�ret fiils to�etform tbe oovea�ots�od qnaemenp+cont�ined�n <br /> tAi�Secvriry fa�nmeot, a tba�e i� a kpl p�oaedinj�at m�Y dtNRantly�[tect I.eader'�dtbp in tbe P�operty(ad►aR s . <br /> P�i m�P�Y.P��!br oondem�tloa or f�orfeitne+�or ta a►tora law�or re�ui�o�u)� thw I.�ader m�y do anii.:,,:; <br /> pay for wluoev�r� moewry w protett tlie value of the Propeity md�:r�der'� ri�lw ia the Propeety. [.eiida'�actioot mry'. <br /> iach�de p�ylo� af' �ms �ecvred by� liea rvLicb hn prbdty mrer this Seairlt�!�1mqw�at. �ppario� i� oaut, Payio� <br /> rwoo�ble+nornrs'rees�oa auaia�on the rropaty w m�Fe rq�dn.Althourh l.ender mry t.l�e.aioo uoaa��,pra�h <br /> . 7,l.cader doa aot have to do to: <br /> Ao�► �moawt dW�uned by I.eadrr unc{e� t!w par�r�ph 7 �lWl become �dditiomu debt of�otmwsr �eaued by IbL <br /> Sawdty Imdnrnat. Unlex Hocro�ver nd�i.a�ikr a�ree w otha tam�ot paymeat�thae amauats i�alU bar i�tes+at fiom the <br /> date at dl�bmstaeat�t the Note rate md�`�hall be payable, with intae�t. �pon nodce fmm i,eadei to Bor�qi'ver n°4uadn� <br /> P�Y�• . . <br /> '• s.MaiipNe I�aaee.If L.eada requicad mort�aae inwranoe�u a oondition of mddnY tLe Xoui�ecurai by thi�Security <br /> Inqn�axnt,Bo:towa�haU pay the premiums nquired to mwintaia tbe moctp�e inwraooe in etXecx. If, for <br /> mottia�e imars�ece covera=c nqulred by I.wder lap�a or aa�ex w be ut eQax. Bomn�ver�lull � �� ��' <br /> oMain oovet�{a iobstmtially equiv�leat to the aart ������w . '' <br /> t�e in�uooce prev,r�ntly in effea, at a aat mMt�otiaUy c+qaiv�lent to tbe � <br /> ao�t to Bono+►►ae o� the mortg�ge iasir�nce pr�viooatg i�xffax. from�n altanate mort�e iewirr�ppt�oMed�rjii'..�,eades. It � <br /> sabst�nti�ilp eqvir�teat mott�e i�urmcx oovecaje is aoc��av�ilable� �a stWl pa�to L.aider each aiouth a inm equal w <br /> ooaiw►slftb of ttu ye�rfy moct�e insu�oe premium'bE,►�P�id by Borrowa wLa�the in:ur�ace oover�e I�e,d or aa�ed to <br /> be in effec�.Le,fldx wUl accapt,ux aad�aia.t�ae paymeats� i loua raeive in 8eu of mortpje in�ur�ooe. La� t�raerre <br /> ��lAINq nt�aai Fam�02t !MQ _,. <br /> tw.a a� �DY. <br /> _ <br />