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<br /> , . S.��rd or FeaperQY In9nrance. Botmwer shsU keeP d►e imptovemeaLs now eaistmg ar haeafter ere�ted on the
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<br /> ' insiae3 a�t Ios�by fae.l�ds inctuded withiu the ter�"extaotded ooveaage°and any other hazmrds.inctudiag Auads m �
<br /> • IIgeding,for whicb Leada req�res ia�aance.'l4iis insuraace sh$11 L+e maia�ine�d a�the smaunts and far the y�aiods t�at Leudes ;;. i:
<br /> _.• �.`; � zeq�es�e insuranoe caaier provid�ng the u�ce shaI!be c6osea by Honawer subj�a w L�adcr's approval wbich shaU not :�
<br /> -- �--�,`�`�-�--_�--__�... be a�nsblY wit�eld- If B�mwer fa�s w maiatain covera�e desa�ed a6ave,I.eader may.s�Leadri's apdon.abtain _ .,
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<br /> : oovaage oo psotecc L�der's rights in the Fmpaty�n acco�se wub paragraph 7. _"-�� '�
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<br /> . pII ms�ance polides and c�ewals shall 6e a�ble w Leader and sLall inctade a sr�n►d�d mortgage clause.Leadea shaD �
<br /> � . have the right to hoId the gohcies aad reaewals.If Lead�icqmres.Eonower shali promPS!►gi"e to l�en�dei all receipts af Faid �
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<br /> . . ' p�miums m�renewal ao�es.ta the eveat of lnss.Bauawer shaU gi�►e proaipt notioe w the ins�sance wiri�and Lender.Lende�
<br /> --:a-.: .:.: : Boaowez
<br /> : . may make pmnf of toss if not wade PmmptlY bS►
<br /> � Uniess lender�d Baaowea oWaarise a�ee in wriring,mstaanoe grooeeds s4a116e applied L��esw�atinn or repaa of the
<br /> - - " �;� damagecl,if the�on or repair is eronomirally feasible and L�endrr's secmriry is not tesseaed.It the r�n or
<br /> ..;;����� �°� sbaIl be applied w the swms . �.
<br /> � . : ���:: � �air is not eranomicalty feas�Ie ar Leader's securitp would 6e 1�ed,the insuiance psaceods
<br /> , �:, s�d�sy tt�is Seauity 1ns�ment,wteether or not then dne,with any excess paid to Borrowei If Borrower abandons the �.
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<br /> .. . Propeny.or dacs aot answ�w�hin 30 days a norite from Lender that the�ce c�riea has offered w sente a claim.then
<br /> Leader may oolIe�i the 3ns�uaaoe gmceeds.Ir.nder maY ase the Pmceeds to repair or�e the Ycopesty or w pay sams secuied ��.'''f:-;
<br /> ` ` by dus Seauit�r Iruuume�u.whaher or nat then du��Le 30�day p�iod cv�71 begm wheA the notice is givea ��
<br /> � Untess I,euQer and Boaower otheiwise�ee in wriimg,any appli�tion of ptaceeds w p�1 s�ll uot exte�d ar posTpane . , -.
<br /> " = ��.; . the dne dare of the monthIy paymea�ts ref�ed m in p�ag�aghs 1 and 2 ar chaage the amouat of the gaymentg.If aader parag�aph , - ,
<br /> .`"}` ,.. 21 the Pc�opaty is acquu�9 6y Leader,Boriaa►er's ug6t tn�y insa�ance yolici�s and pso�:esnl�ng fmm dam�e tn the ��' .
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<br /> .. . � ,..f:� AcQPezty►Prior to the a�an shaII pass to I.Ender ts�the exteut of the s�s secwr+ed by Wis Seauity Iasaamem immedia�tY a:`
<br /> . �:';;�'' y�ior tu t�te acqaisaron. ,;'`�
<br /> ; ,�';.-�c��; 6.O�pane9.Pr�servatlon.Maintenauce a�Pnatecbion af the Pro�erty; Bo:mwer's }i.ean Ap�l�Catfan;�easehal�s. °�'
<br /> � �:���'���'c � Ba�rower shaII ac�gY,establis6,and ase the.Acapercy as Ba:mwet's,p�cagat rrsfd�ce witLia s�r days aftea the ex�tie��f •L
<br /> this Secmruyr Inst�ccume�aad shait camiaue m oa:�py the Pmpeny as Bffiower's ps�c�iyat resdeace far at Ieast ane ye�afics�e �,
<br /> � . ' date of caopattcy.unless Le�d�othetvvise a�ees in wtitu►g,ahich consent shaII not 6e �easanalsty wi�h6eld.��.��ss . �<•
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<br /> � � ,;r,;,7#>,�,� ert�us�ng ca�aimstances exict which are beyond Banowe�r's can�I.Baaowet shaI!not des�oy,da�nage ar 9mpair the Ra�9, `:„'.
<br /> . ,"`'�tr " a1�w�ga,as�ty m det�iotare.or commPc waste on the Pmpes�y.Barmwer sLaII be in defanit if eny farfeduue acara ar ,,
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<br /> � . PT�S,w��r civll or cr�nia21,is begun tLat ia Lender's gao�faitb judgm�at conld r�salt ia foifeinue of the ProFeacy cr • s°:_
<br /> � , , � , oth�vise m�imltY im�ia d�e tiea created by this Se�ry Insnumeut az Leader's secmiiy int�.Bomoa�may ciue suct�a ����=;°
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<br /> � defauli attd�tc.as PmviQed 'm F�aPb 18,by causmg the aaion or proa�ding w be dismissed�vith a mling d�as.in �;5,,; .
<br /> � .:; ; Leada's gaod fai�detamiaatifl0.F�es forfeimre of the Bors�u�'s int�est�the Pmperty ar other ma�ial�paumeat of •_.a j;�
<br /> . �. .';�;i,:. � , s d►e.tiea ae�ed by this Sec�►Insu�tar Leud�'s seauity m�est.Baaawer shalZ also be m defmilt if Bosrawer,duriag the
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<br /> . �aPP�p�nn P�c�s,gas+e ma�iaIIY faiss or macauate iafom�un or slar�a�w Letidea(ut faited to pmvide L,eudet with .
<br /> - --– auY ms�is2�fo�ma�a) ia ctmnection wi�fi the 1c� evf3eaced by the Note.utclnd'm$.6�a ttnt limifed to. tepreswtatians. tl �-:.-
<br /> . y: conoe�ning Bomawea's occapancy of the PmpertY as a�sesde�ce.If this Seauity Iasunment is on a leasehold.Bonower __
<br /> ..:, sbaD oomply tivish all the pmvisians of the iease.If Bomawer�fee title w the Prapeaty,the leasehold end the fee tit2e sba11 .�����;,_�:
<br />- � � . , ''I not�er�ec.�t�c Leudeta�rees w the mer��m wriang. . . -_-
<br />_ � 7.Pt�ion o!I.ender's Rdg6ts in We Prapert9• If Boau�fa�7s w peaform fhe caveaants aad a�e�t�c�nta�ed m • -._
<br /> � � ��:•�°,• ' tbis Sec�it�i Ins�unem.or thece is a Iegal psoceed�g that may si�flyr affect I.ander's rigDts in the Pmpaty(sach as a
<br /> . ' , piapeed�ug id banloniptcy,Wrobare.for condema2rion c:L�a:feinue�to eafo�e Ia�s or tegulatioas),then Lea�may do and pay
<br /> " � � for whatev�is necessffiyr ou pmtect the value of the Arope�ey and 3�3er's rights m the P�pe�y.I�mder's saions may iaclude
<br /> , � . . gaying �p s�ms seaaed by a liea atai¢h l�as priority aver Wis Se�ity Insuumen��u� iu c�t.QaYimB reasonable
<br />- � • . asmmeys'fee,a snd entr�iag on the Ropeny to maioe r�gai�.AIt�hough La�dea a�r mtcc aaian ander this para,�apL 7.l.a�der =-
<br /> � � .� � d�snui 1�ave w do s�. {� ;��:?.
<br /> , . � ' Any amounts d'isbtused by Lead�midet this p�'�aph 7 sball bec�me additimuai debt of Bonower ser��.0 hy this Sec�uiry : r��•�. .
<br /> � . ��=�ldaless Bonawer and 1rnQea agtee to oth�teams of paymea�b these amouats s�r3I be�mt�est€rom the date of ;
<br /> . . '. . . , � disbms�aat tDc Note rate mid s6a�11 be payable.arid��.upon nadce&om Lc�der tn Bo�ver requesring gaym�t � �::.,;=
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<br /> ' � 8.1�o�age Insaramoe. If I�der reqoired mo�tgage msmance as a condition oi makiug tLe Ia�secared by this Seca�iiy � ' �
<br />- ' Eflstiraccwr.Borrower shall yay the pr�ums re4uimed ro maiaffiin the mo:t�a,ge iasurance in effect. �f�aay reasan,the r, .�.
<br />° � � u►o�Se msmmmce cova�ge rc�uined by Lendes lapses or cea�s w be m effea.Borrower shall yay the preaiums r��red to .
<br /> �._ . oblain covc�ag+e subs7antially equivatet►t to the ma�ge�ns�rance previovslY in effect.at a cost subslantiatIy equivelent to the
<br />_ . ; : cast to Buscuwea af the martgage�ce pseviousiy in effect.fmm an alteinare raortgage insvrer aDp�oved by Leo�er.If . _
<br />- - . �y;' = subs�aBY eqnivateat mort�ge.insurance ooverage is nat avaitabte.Ba�owea sha11 pay to I.�der each montb a swn eq�al co
<br /> � . . � onatwetfth of the ycarly�aorigage uis�umnee pre�iau�Q�eing paid by Boimw�r aheA the iusm�ce cove�age tapsed or oeased to •
<br /> .. � be in effect Laider wiU accept.use aad raain th�e paymeub as a loss:�e in Uev of mmtgage insarance.Lass resene
<br /> � FoPm soza s�ao
<br /> = . ,. ��EfR(tiE�toa�sUA� v,aaame mnuro: .
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