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<br /> �. � ;� `` ,� .� . S. H�N ar�ty �rtoe. Bo:rower shait kcep the improvetaents uacv exisaag or hereaRer ere.�te� on the
<br /> _r` _ r° �ropettyr iasut+ed agaiasr I�by�'ue.�ards#aciuded ivitisin the term'extended ooveaage' and a�r other hazards,inct�ia8 �
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<br />` o���.`'��,�-.�,�:;<.' fIaods o�ttoodiag.far arhtch L`endet�dte.s�nsurance.71�is iasutaase sbaU be maintained in the amounts and for the periads 1,r:
<br /> `��`<��:"<�..,:,:o�_. t�ai l�a+dei te�aires.7'h�instuaace Cm:tec pzov�dia8 the insa�ce ahsll be chasea by Eou+�wer auhject to I.eader'a appsava! :,;,"-
<br /> V`�.:- .,, ` ,,`�` whicb sizall nox 6e�nably witbhetd. tf Bflno�ver faita w maia�ain coverage desc�fbed above, Lasdet may.at I�,der's 4•;:`�:.
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<br /> H `� :', � ',:. oysioa.ubtaia aavetage so prbtecc Lcader's�ighta ia the Piogecty in ac�ordaace wUD paragtapD 7. �s '
<br />:r..�"_ :�=_��:�_`°� Ail iasuraaoe golid��an�'ceae�rais shall be sooeptabte to L,eader an{l simU iaclude a staadatd ntoagage ciause. Lasder _` ;_
<br />-.':�,�:;.'.-r. -:,.u, shaU have the rFg�t to hoIB th�pol3des�tt!c�eairals.if Le�der rPquires.Smmwer shaU pmmptly give[o tender atl rer�pts oi �F,=,'..
<br />_ � o � F` ,�o` 8�d flm3 8IId i�dlGCJ81 IIOt�4.Ii!t�fVCdt O��USS.BOtl�NCf Sh811 glv�pi011lpt QOt1CC t0 thC iaSllFdIIOE c2mC!8IId I.2IIdC[. -
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<br /> �: �'�`� Lender�ay maBe pmoY.of toss if nnt madg DromPtlY 1►Y Bmsawer• '
<br /> ,�x':,r ,, .,�-�-"'�„�,..-i,�,_�'F_ Un2e�s txadec and Bmio�rer atherarise agtee Ia wrIt�ag,ins�raaoe ptoceeds shail be appii�d to reswration or repair af tht I ._
<br /> . °�` �-�,.�fi.z� Pc�pertY d�d.if!be testo�on or nepair is waaomicallY feasible and Leader's sec�ity ia not tes�sed.If the cestaratlon or
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<br /> ;G ''� repair is not eooaomicaliy�le or�ender's sec�uIty aroutd be tessened,the iasu�aace pmoeeds sball be applied to the sams
<br /> -� � secutetl by thls SetqrvY 1ns�i.wDetlter or not ttun dne.wIth au7/�xoeas paid to Boaower. If Bomnwer abaadons the ,"
<br /> :.:;�-..,,�_`�� Pmpe�y►.ar dae�not anscver withiu 30 days a aotice from Lender t6at tfie msuoraace casier has offened w seule a claim,thea �
<br /> ;.' ' , Lender may ooIlect the�p�uoeeQs. I.ender may�ase the proce�s w repair or reswre ti�e Ynopeny or to gay s�ms �'�
<br /> :;`';�.'. `�.: ;.; s�d by�hLis Se�iry i�at,Rfi�her ar aat tt�dae.'IT�e 3U-day ge,rIod wgl begm whea the natioe is givea. ���
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<br /> �� Untess LEnder aad Eoaawer otherHise agree in wmiag, auY aPPlicatian of proceeds to psmcIpal shall not extead or
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<br /> ` ,� ` c r<.. pr�tp4ne the due datc of ihe moat�tY Faymenta�ed w in puag�aphs 1 and 2 or d�amge tfie amouni of tIIe payments. If . ��
<br />_ ..�� ,�`�:--��;� % �para�gb 21 the Pc�opertY is acqai�d b!+I�der.Borrawer's right w a�r insaramce policies and pmc�erds resuItiag fmm �;t.�_:.
<br /> r "£ �, �, da�aage m t�iP�ertyr grIESr to thc�atsit�oa shall pass to Leader w e7�ex�t of the sams secaied by this Sec�ty tasuu�eut
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<br /> ; '`�,�S'�`< �,p�cy,Yr�v�oa,Ma�aad P�+m2e�tou of the Pruprity;Bormw�'s L�an Applira�aa;���a�+�TMS ,..
<br /> °' ': �3ruwes s6a�1.c�p�py,establish.and tue�ite Prope3ty as BQmower's p�mcapal tesidwce withia siuy days after tCce exea�tian af
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<br /> . �` ,�'"� tl�S�Y�t an�s�taU omanimc�s�oaupy the Fmperty as�rower's princtpa3 r�d�far at l�.tme.yeac a�c.: � .
<br /> °� : ,�:¢" the date of oci�panc,y.imles�Icnder ot6�a�sse agceea In wcIting.arld�t conseat shai2 aot 6e�abty arld�hetd,as aa��s; F �
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<br /> .��;-�;���-r�,;-�-.. �e�Ist whicb sce beyand Bonowcr's t�ntmf. 8ouowec sLaift not des�vy. damage.�iiuPair.tU��� �' �`.� '
<br />>",�`-.,�:;'�� ��•., : , �a w the P m p e r t y w d�rto�t e.ar aommit waste on the Pmpeny.Borcower sbaU be fn'def�tc n�aay for�eituie ��,,
<br /> ;;� � � �mt m pruoecd�ng,wheilter cIvil or ct�m3aal,is begua�at hi latder's gaod fa�,�ga�nt onntd resuit irc�rfeitate of tt�e -
<br /> ': the Hen cmatod by.this Sec�it3►Iasttmaent or�eader's�irite�:`�onuwer may
<br /> f , �; �, 'Flopeccy ar otherarise mat�Ia11�►imPa�or
<br /> .F.:;r�:?L_.�=. ` - �cate at�u defaWt�td teinstate.as ptat+Ided ia parageapb 18.Qy ca�usiag the acdan or�g t�s Ue dismi�e�!witt�a ntiir,� .. , _ _
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<br /> �:�:+�.>u.,;..�:� .� �►ia L�der's guad 8�ith deter�m�don:Daectttdes�rfetbma af the Bostoarer's,itueresr in the P�mF�ty os o9ies�� .
<br /> � .'A;; t�:}., . . impa�at of the 1�ea c�by tbis Securlty iusuam�u or Ir.ndsr's s�c+uity i�at�st. Bo:rawer shail also.�e bse def�It if� —
<br /> , t ` , '�-'!�. :�oAOar�.QurIng the Ioa�appllcatian pcucesa;gave m�ali�►false o:in�acc�ate" � ��tf�Oa ar state�ts ta.itr��(oT fad�! . _-
<br /> __ ' -� .<,:,.��;�� ` to pmvFde�,euder�vltb aay matectai i�fosmat�on)in omm�ian wirh the lnaa evlde�by th�NWte.ind�diag;4��ot timit�i� .
<br />';;,°_����:�:,�"'.r=..�r��� W.rtPres�ons cancem�g Bouower's aa�p�cy of the Pcnpetty as a prIacIpal�esidenoe.If thIs Serurig►Inst�ament is�n.a . � __=_-
<br /> ``'�;, �,.� ,. �easeho2d.Boaower'sbaII oompSy arttL ail the pm�vlsions o!the Iease. tf BoA+at�acquims f� titte w the Pmpeity, i�"
<br /> --�""�;��-��==�;n`i:°'`` . leaseholil and tIlt fa tltte sbalt not mecge uutess Latder ag�ees.to thc me�cger ia vutiti�g. ' � _—
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<br />`.�.�:.-.. :..,: ;.�. . 7.�ia�toa o4Leadez's Hig�ts in t�e Fe+ape�y.If Boaov�er faifs to pafarm t6e cavenanrs mQd agr�me�4s cuntaia�d iu
<br />''`�_:;:'.;r;.'-�;,.; , t�is Sowtiry Insuusneat.or th�re is a leg�al pmoeediag tLat may signit3cavtly affecx I�ader•s sigiva in the Pr�ap�rty(such as a-
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<br /> �..:���:,.�:-.r: �P������Y.p�bate.for oonde�ton or.fa�eitoxe ar w enfo�ce tawa or regalations).then knder.maY do aad —
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<br />• , ': ,;... ,:..;. ,. � gay fas w�atevec ls nece�aiy to grotect the vatue of the Propeny and Leadec's r�ghts ia the Prope�y.Iender•s a�ons may .
<br /> � -:''; .;;'°.`.. Include PaYtag aaY �ms s�r�d tiY a.lien wh�cb has prIority�over t�ia Seattiry tasuament, aFPea�g.in comt. Daybg •
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<br /> - `""��", • : , . ieasonabte auotaeye•foes and�teiing on Qte Pr+Dpecty m ma�e repairs.Atthongh I+eqder ma�►ta�e atttan tmder tLis pata,gra�ph
<br /> .+.tk���x.� w . 7s�QOC.4IIOL ZISVB t/1 d0 SO. . .
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<br /> -" �.,._. �►i�m�nt.�Uatess Botmwet aad 1�der agee to othes te�ms of yaym�t.these ammmts sLall Uear�st&om t�e .
<br /> �;V`;`:�:,�:,��"� � date of d�nuseaieat at tae Note raie aad sba11 be payable:whh�.upon aobtce fmm l.ender w 8omower r�questiag
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<br /> -.:�,,:--•`':-: �:, . •,Tasaa�nt,Bomower stiall pay�e pr�s�nh�to mafatab the awrtg�ge�oe fa et�eet,.If.for�aay teasaa.tIIe .�':'�i'•, �
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<br /> ��:.��A.;F . mortg,age iasorauoe ooeeiage seqaired bJ►Lender 1a�s�s or t�to be la eif�t.8onower sbaU pay the premiams��to�
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<br /> -:�.;�;�'1;,;;_�.�,�..� .�. abtata cavwage�tially equivalent to tne mcrtg,aga insutance p�evloasly in effert.at a aost sabs�ntialt�r e�atvat�t to the .
<br /> :--';.-���:....r,>:,, Cost to Bom�wet.of the mort�age lnsaianoe pievlottsly 3a effect.from aa attemate mortpge.it�surer appmved�by Lender. tf _
<br /> ;- '-.�,. �.`.'. : .snbs�tiaUy eqvivatent m¢a�$age ias�are aoyerag,e is not available.Bomoaer sLaU p$y to Leader e�.u�unih a sum eqnat to
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<br /> �;,��,::,- ..: .;�,; onedwelfth of the yeady mcngage�nsurauco Dremium being paid by Bosrawer arh�.the�nsurauc�e ooverage.Japs�d or ceasod to � _
<br /> - .: �:�; be�O effea.Leader wHl acoept,ase and cetai�these paymeats aa a toss resenre i� lteu of amrtgage �saraaoe. Wss �ve .-�-
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