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<br /> , . .,` - `"� • �Spl�ni'� BOII8w4d S�i3Il�ft111�IIDjlIOYPdIICII1S IIOW�$OI��UD 12iC pt0�[y1 s: .,f`'r` -.s•:
<br /> �. ,j �R�aMor�R4� ,tt .:
<br /> ', .��: ;nstueQ a�a,gt Ioss by 6re.6azanls incladed witlut►tLs 3,�°ext�ded coveiage° and any other 6�ads.inrdad'mg floods nr � '"-
<br /> ts dte amounts and f�the paiods thai Le�det � ,
<br /> 4 ....�.� fIocdmg,far whi�b Leader cequaes insu�ce.�is insmaace shaII 6e��� ` _
<br /> ���'" -� r�qaise�'Itse i�usx ca�dea Providiag the msurance sbaD be choscr by Besaowe�snbject w Lended's approval wl�ich shall not �`
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<br /> � v �% be �sanably w i t h h e i d. ff B�awer�s to mainm3n .aoveiage des�ed above.Ir�dea ma9, at L�endet's arptiam.abtaia r=
<br /> -- .. t '� oav�age to pmte�x Lenda's aghts in the Ympeaty ia a�oe with p�a�raph m�a staIIdffid martgage clans�L�der sbatl `.o����.•.` :'"�>G
<br /> .' ' ,<"; Aii ias�aace policies m�d renewals sLaII.be.accePtabte to Lend�end shall ta e to Lendear atl reoeipts of p�
<br /> ` t�ve the�g�E La hoId the policies�d matewals.Yf L+�de.c m,�levms+Baa�wer sball�tIY S►v 'r_.
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<br /> �i�ms an�ceaewal wutices.ln�e evc,nt of tnsg.Bomuvyer st�aall give prampt notice to ihe mswance c�audLeadra. - �':'r
<br /> j-�--,;- ���,�„���iEU►�mwte m?am.►tivby Bormwe� � � of trie �� �: .4�s,
<br /> ' �1 UnIess I+e�tder�d Bosmwer othenvise agcee ia wating,�oe pmceeds�U be aFAlied to resmsatinn rePais ----'
<br /> is nat tesseaed.di the resoniarion or `
<br /> ` dam�ged.if the testma�ion or rePair is ewnomicallY fe�bIs and L�der's sec�iiy �,:-�--
<br /> ' ' �O� • se�iry wan18 he tes�ed.the h�su�ce Pmc�eds shall be spplied to ihe�uas ._
<br /> °` �'� ` .;,,' repair is uot eoonomicall}►feasible or Leader s ��� < . = .._
<br /> aS Wp}l 8D C1cCC.S9�t0 BOIIdW�If BO7NWt'd ..
<br /> `.' s�aaed by t�is SecutUp Insutm�t,wheWea at nat thea du� Y . •; _'-
<br /> � �`- � cariia 6as offeae�ro s�lle�daim,thea ==--_-
<br /> ; .. • �- ' _ '!..
<br /> � � . Fr+opeity,ar daes nat answer wit6in 3d s�nafice fram L�d�tbaz the insma�se ,�:.:`� .-
<br /> �� � Iffidea may ase 8�e pmoeeds m sepair ur�e the PiopeatY or�o gay soms seaued . ,.:`--
<br /> a . .3 Latd�may ColIect t�e in�uant�pmceeds � -
<br /> , .. t by dds S�instnuneatt,whett�or nat t�due.'Ihe 30day E�d����notice ss$Ivea�. t '' '' -_
<br /> � '_' :� . ._�u�: . Un��r and Baauwer other���e in wrffing,anY a�On°f P��P��?�rrot e�d or po�� r _
<br /> . - . 5 18n���v c�ange the a�aunto�r�.�aYment�.rf uud�p� �. .r
<br />- . . .•_r L?ie ttu����t�nthlY�aYmenia rec��d to in�l�s ts. ,• �
<br /> " i I38 7.,. �pp11C�S 811�pIOCCL�' S I�SU���1�IDSgs6 fD Itt� 1 e -- ..
<br /> .,, ;'; ° ����he�sop�y is acq��SY I.ender.BOIiOwed'9 q�.�<tD 8Uy :. ''��
<br /> � �, f, �De�Y P�7���on s6aII p2ss W I.ende�t 4�C�e ea�ent of the snnts s�.'�d by this 5ecarity insuu�n�.t immedia�dY L.
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<br /> ' �`� �����' B�rrOwer'8 L�Hn AppSc8ti0D's 1.�. � ��
<br /> . .. �� . 6.O�t9,�+ca�va�on,Main4enanoe and P�+e.'`�tiom of.�"se PraP�r�; ' '=�.
<br /> � . `. �s Bo�-�,�s p�cipai resideace withim s�.y daY$a�the execu��s of ; ?., ��:
<br /> , P,onow�sball occuPY.es�tbBsh.and ase the PropaeY �for ai least ane year after dte •_ - -
<br /> '.E� � d'.as Sec�a�ty Insumae�t 2�s5alt Conf�e m�PY��P�tY es Bosmwet's g�a1 or� :,�c-;�.:-_-e—
<br />�,�4`•` i. r.. ' d2fE Of Ot��7l t11J1CSS 1�1t�dlhCiN1SC��� �g+w��OAS�lt 5�2t'I IIOL bC�SOA3jl�►Wl�lf�+ �.. _�:,,,�;;'_'_�
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<br /> r,�,';, � ' � ` e�t�t�n$c�amst�c�ai*at wtacb are beyand Barmw�a'S coalroL Baxower shaII AOt destroy.�amage a�i�pan�d��►'°F�S', r`'�:�;
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<br /> �' , ' . .z allow the Ptope�ty w 8eteaioiate.ar cammn wa�te on the Paop�tcy.Barmwa shall be�d�faalt ff any farfeibae•actia�ar •-<�� _ —
<br /> ;`' . '. pr�g,whethe.r dv�or ar�minal.is begun t0ai in l.�tder's good faiih jud�neat cantd resalt in forfeinae of the�iroperly az , - _
<br />�:�.: , , . ' -- otherwise mai�ilY icaDa�d�liw created by Ihis Se�siry Ios�ument or I.eader's seauity iate�est Bo�rowea may aae such a � �.
<br /> . as vided in h 18.by cau�ag the acdttn or pmc�dIr►g w be�ed vviW a�tiag tha1.in .�`; :: ":=;:
<br /> �;; : def�it and reiastaye. gso P� eat of ._ •.'��,
<br />�:�� : .` . . L e n d e a's g o a d fau�b dete�nination,Pr�clud�ss farfeibue og the Bamowds intraest iu the Property as othea mateaial imp�irm :-,==.. �
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<br /> ' ` . , rhe lien czeared by this Secaniry Instrumealt or lxud�'s se.auitY inte�t Bomawer sl�alt also be ia d a i�l t i f Baaaw�r.d�8�e :__�
<br /> , _' ' . �y���an�g�ve m�ta'i�ity false or Inaaurato infoimafion or siate�enta W Leader(os failed w pmvidC Laaidea arith �, 5 ��'�•-:
<br /> ;> . .. esaltadon8 � --_
<br /> . any matertal iafam�arion) m connealon wi8�the lnan evidea�ced by the Note. fstc tu d i ng,bu t n o t l i c n i t e d t o,r e p r ' ° _
<br /> .. . ", am ari ...- � ~; ;��
<br /> -� � _ , _ -'"; conaemm g Bormwer's occupancy of t�e P�o�erty as a psinclDal restdmce.If th9s Secmity tnsWment is oA a Leasehald,Bo:mwea u:;.•'._:L.. ._��__
<br /> F '• �-:.� �l,-`� witb a11 the gmvLsIans of the iease.If Bmroviea ar�quires fee ti t�e to t�e P r op a ry.t h e 2 e a s e h o W a n d t h e f e e t i t t e s L a D
<br /> sball oomyly �,� = -
<br /> � . .. : � � notmerge an2e�Le,nd�agrcees oathe meagea ia wridng. ---
<br /> `. a es
<br /> �<,_ ' 7.Pmterttop o4 Lan�er's liigbts In the Properiy. If Bosrowec fails to pafomj tAe oovenants asid agreemea�cantained in -
<br /> �� � . ��� ..'�{� thls Security Iasocement,ar�ere is a legal Pmceed'mg tLat�ma�►slgaific�BY affea Leade�'s rig6is�the P'tupaty(s�ch as a .: _-;_ i= __
<br /> �• �,:� 'i piooeed'uig in 6aak�WtcS►,F�b�►fas oondemnaSon or forf�ue or tn eafaice laws ar regaiatinns),thc�l�ender may do amd paY � .s� _
<br /> .'�: . • � :.� for whate�rer is nece�Y tu D��the va2a�of the Praperiy and Lenda's rights in.the Pmperiy.Lenda's acpans maY�nclad�e . . . —_—
<br /> E :�: .. . paymg any soms secu�ed by a fien whicb 6as priority avet tLis Sec�iry Insuume�6��in ooun. payin8 rea�onable __ _
<br /> ,. .. auomcy8'fee,s and eatea�ng on the Fcogeny w make repabs.A1�wngL 1.endea may mke acdfln unQca thiv yma�aDb 7.I.ender .
<br /> . daes not 6ave to da so. , .. ..
<br /> . ..,r ': . . . pny arrwunt�disbarsed by Ltnder u�¢der this paiagrayb 7 snall be�ome additional debt of BoYrower sec�sed bY tLis Secarity . ... '-
<br /> . InswmeN.Unless BoYmwer and Lenda agree w other teams of paymeat,0ese atnauntv sLall b�inta�est fmm the date of ---� .- - -
<br /> � .--- - - - :.-,, �sbvas�eni at dee Natc rafc aucl sha}1 be�ayabk.with i�saest,aPon notice from Lender tn Buaowea reqnestmg paYme�� _ __
<br /> • ' 8.M o r t g�ge Yns�aua� If Leffidra requfired mongage insmaaoe as a candiri�n of ma�ting the�aan se�are4 by tfis Seauity „..-
<br /> "'��. . . :, ! iu�uument„ Bottavv�a shaU pay the�remiucag required to maintain the moitgage insmance in effed.If.far any teasaa.the -:. . . . . ;-_-
<br /> :, , u4 Bomnwa shaD the ums xeqaffeA tn '
<br />- mortgage ins�uaace caverage reqaired by I.anded lapse.s o�ceases to be in effect. D�Y F�' .
<br />+,�:�: � � •� in eHax,at a wst sabstantialiy equlvatent W 1he .. .
<br /> , abtam oave.�ge substantially eqmvaZent to the murtgage insuraace previausly �':
<br /> � � � cost w Bmrawa ef the moitgage insurance Drevi�ouslY ln eNecn.fcom an attematc mortgage insurer appmved by landcr. If �. ,.
<br /> �� � subslaniiiaily equivalent mmtgage m�uance coverage is nat ava�ahte.Boimwer sbaU pay tn L�da each month a snm equal tu ' "
<br /> : 1
<br /> � . o�tweIfth af the yearly mo�tgaga ins�c�ance pienaium meing Daid bY Banow�wh�the iasa:aaGe coveaage lapsed as oeased tn
<br /> '.�="�::. . . be in egeq.Lender�viU acceps.use and retain these payments as a toss reserve m li�o of martgnge im�ce.Loss res�ve � �
<br /> Form 8028 8/90
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