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<br /> . ':c ... � S.itar�rd ut ansarance. -Baamw�shaD k�ep die em�ovemcass aow e�g ar��er�d an the P�ro�ar�y� . � . �'' ` ` �
<br /> �: �+upgrty �
<br /> , . .� fi:�'�'. ia,s�d a�st foss by fire.6az�nds inrLided withiu tI�tQrm"�nended cavetage"aad�y a t��t�rds,ia d u d fi n g f 1 t t�d s ar ��,n._ .` .,��• ;. ::�
<br /> �, �. �� , tiond'u�g,for wLich I.eudet requ�ees insuiano�.'ibis msurance shall be maiatained'm tt�se amounm aad for the periods that I,emdea � .,��, a �
<br /> . <.,r-.,,�--� reqaires,'�e ins�uance c�rrira pmvid'mg the insutanCe shall be citasea by Boztower snbject to I.cuder's appmvai ahich st�all uot .
<br /> - `---� D e a�t o n a b j y w i l b 6 e t d.I f Bonawer f a�s t o m a m m i n a o v e:a g e d�d$b o v e. L e e�a d e a m a q.a t I.e t t d e s's a p ti o n. o b t a i a t = ' � =`'
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<br /> . c;ov��age oo gmtect Ieades's rig�is ia the Pmgr�ty m accar+d�ce wuh pazagtapl��. •,�,:�
<br /> _. ' 2 Atl'ms�oe policies aad renewrals shaIt be acseptable to LeaGer and shaIl Inctude a standaN mortgage ctause.I.�dar shall �'
<br /> .� � I�sve the rigttt to hold the policies and m�eavals.If Lender irquires,Basmwea shaU P�mD�Y 8ive m Leader aD re�iprs af paia s: __ _ ___-
<br /> ,. '�, gm�inms aad te�ewal ao3Ice�In the eve�t of ioss,Baaawer shaII 8ive gsampt natice to the insma�tce caatea end i.e�dea.Y.catder =_
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<br /> , � � may raake�ocf of Iass if aot made PmmAtiS►b7+Banuvre� -
<br />_ - 'vnie�i.�ader a�ssoaowu '.nncsw;s�:�ioo��g,� "�.�••""�°•°»�'stt�sggli�W�+�!+�rr.;iair of the ""'
<br /> � �. PraPert�►damaged.if the resouiaaon a:reganr is�y fe�Ie and Leader's secauity is not�ess�ed.If the�esmrdtIon ar ,%'ti;:;' 4�_-
<br /> er reso
<br /> , m�air is noi ecomm�icaIIy feas�le ar L�ender's sec,ar�y wonld be Iessened,the instuance proccxds shaD 6e app2ied to the sams .`��T
<br /> . ' .-< :: ` ,: . secured by f�ttis Secauit�r Ins�t,arhe�ther ar not Wen dne.with an}r excess paid to Bmmwer If Bwrowea abandnns t�e . -_-
<br /> . Pmpeaty,ar daes eot answea withip 3U days a notise fcmn Lender t6at the bnsu�ce caaier bas offeaed to seule a claim.d�e,n ., ::;�
<br />_ ` Ixnder mag ootte�c the insurancc piuceeds.Irader may osa the pmceeds to r�pas n��stone rhe Ropeity or to pay�ams seaaed �;f '_
<br />-�'` ' t � by tbis S�sity Insuumeaat,whethea at notthea due.11ie 30�day per3od w�$egin wtteu the nottce is giveu. � •��`:'
<br /> Ualess Leader and�Bo�wer oihelwise�in writing,any applica�on of piaceeds ta priacipai shall not ext�d or postpone , �
<br /> ' �-��.,.:. � `..'� � -�, t�e dae date of the ma�Sly paym�refean�ed oo in paragrapf�,s 1�d 2�chaage the amo�mtof thc gayments.Tf andca pa�a�h .....
<br /> ' �. �:-.�� 21 the Ptageaty is acqnIIed hy Lcndea,Borrower's right to any�ns�aace golicIes aad pmce�s zes,ul�g 5vm damage w the . --
<br />= PraFeatS►�ic�s tb the acqmsiti�on shatl pass oo Le¢dea w the e�t of the sams sec�ed by this Se�rity tnsunment immediately ='=
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<br /> ' prios m dte acqa�tion. v � -
<br /> • � �-�„ 6.O�anc9s�s�vsttaa,N�amtenaace aad Protection of the Plroperty, Borrawer's Loan AppSs�tlan;I.easeholds.' � � ,.....��=_-
<br />_ � `� '�. ` � Emrow�s�all occapy.estabtissh,and use the Propeaty as Barrowa's giincapal reade�ce within s9xry dnys aftet�e exea�an of :.- _ -
<br />- - .. tLis Security Iasonmmeat and shall canimne m acaipy the Pmper[y as Hosmwa's priacIpal resid�ce for af 1r,ast one year aftea the . ,f, �`�
<br /> y � date of oasapan�y,nutess Lemdea.�sheawLse agre�a� writiag,wbich conseant sba�l uot he anreasonably wrthh$Id,or �mtass :
<br /> , ; .;'� exo�padng ci�mstances adst�,ace 6eyond Harrowed's ca�nunl.Bormwer sdaII not c�saoy.dama�e or impaa ths Rap�iyr. ` r+�
<br /> - � �. .r eIIo� �e Prapeaty w dr�at�ca commit waste an the��u Baauwea shall be ia defanit if any forfeit�ue action or � -���r.-, �----
<br /> �. •.'E , Froc�ding.wheth�civ�7 ar crita3na},is beg�s�s in Iend�'s gnod faith jadg�t�t could resvlt m farFeiAue of the Pmp�ty or ''��'� _--
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<br /> .�. ,�:; o�eswlse mateaialty uapair the lien created hy t�is Se�ity Insa�ament m Lea�der's secanrity mterest Baaawa rnay aae sacb a - _ �.°,
<br /> , ':�` defaalt and =emstaEe,a4 pmvided in pars�aph 18.bY canstAg the act�on or praceed'm�to�be dis�nissed with a:aling that,in ;;
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<br /> . � Lender's gaad faitb dei�mmaiion.p�ecIudes fmfei�ue of We Borrowea's int�est in the F��ercyr or other m2teaial impairment of. , �:��";�., ``'���
<br /> � . - the liea caeatEd Ay 16Lv Sec�hy Ins�am�t ar Lendea's se�uiry int�st Bmmwra shali a*sv be ip defanit if Sonower,duting the . �;�;` _-_
<br /> . . ' Ioan applic�ion pmcess.gave matecialty false or u�aauzate infom�atian or state�eats tn Le�td.�r(or fm'ted to provide Lender with . • ���=�
<br /> � � aay mat�ial tntor�nation)m connection witb the loan evldenced by the Nate.including;bnt not limited to.re�rreseatations _ -- ��r-
<br /> -. -" r- __ �pnceaning Bmrower's accupauc.y of tRe Propary as a prmcipal re9idence.tf tnis Sequrity 1nst�ent is on a lease�oW,�aaowra . , , ---.
<br /> ``' :. shaU compiy with aD the pmvtsio�^�s of the tease.IP Bormwer acquir�s fee 6tte w ihe Pmg�ty,the teasehotd and the fe�titl�shall - -
<br /> ' not meage�m2�s I.eAder agrees to tUe mergea m a�ridng. � . '�';�,�_ - -
<br /> . ' �.__- .�
<br /> ' � � � .� � 7.PI'O�tdOA O!I.SIId4s'8 Rigtlf8 iII t1iE PrOperty. If B0I3�z+�f�S W p�fOtm fh6 COVCt18111s&.^��CdlIB COA 1 8�C d iD :'-�.. ;-�-
<br /> ' : 3�" % �is 5eauity lnstrumeat,.or th�e Is a tegai pmceeding that maY sigaif�►affect I.eisdea's righ�s a�c�e ProyeKy(sacb as a _
<br /> .. �� � :�:�`, proceeding in baaTauQicY.Ps'obat9,for candernna�an or farfeitiaa ar to enf�,:laws�regulations),then l.euder may do ana pay •:�
<br />�,:,..:;,1.� for whaicver is neccssary w pmtect die value of ihe Frapeaty and l.�der's rights in the pm�erty+.Le,ndar's acdons may include � ' r ,,�::-.
<br /> . . .: � DaYmg any sums seaued by a 1.�n�whIch Las priarity av� this Secarity Inswment�aPPeacimg in court,Dal+ing reasonabt� � -
<br /> ,.�.�-:
<br /> �� . . sunmeys'fees and ent�ing oa�Property w make repairs.Althongb Lender may take action undea this Paie�aPh 7,I�ender � = -
<br /> � � daes aot bave w do so. ' . . . � ,-
<br /> � : . My aruounts d3sblased by I.ender andea this yar�rapb 7 shall become additional d$bt of Bouower sec�ued by this Seauity � �., •'.�,. --�•-;
<br /> � lustr�ment Unless Borrawer ac�g.eadra agree W othea teams of payment,these amo�ts shall bear inte�cst from the date of - .:. ..
<br /> disbmrse�►ent at the Note rate anA�a11 be payable,vvith intra�sL opan nottce from Lendsr ca Bmrower requesting payna�L
<br /> ;_- - � - . � S.Mortg,a�e Insa�anoe. It Lender requued mortgage ins�uance as a condidon of making the 2oan sec�ued by this Securiry = ---___—.-
<br /> . .� . Insuumenb Borrower shall pay the premiums requ9reA w maintain the mortgage lns�ce in effect. If,for any reasoa.Q�e �. • �: •; °� •
<br /> • - : . � mortgage 1ns�uance coveaage requucA by Leaida lapses or ceases to be in effect.Borrow�shall pay the prerniwns required W . . .
<br /> � ' obtain cflverago substan6ally equivalent tn the mortgage insurance pre�ionsly in effect.ao a cost substantially equiva'.ent w the „l�. � ' . '��,.
<br /> � cost w Bormwer ot the mortg�e insur�ace prevlously ln effeq,from an aitematB masfga�e insurer apprnved by I.ender. If : . .
<br /> ' � � substandally equivalent mortgage insurance covelagc is not available.Bmrawer shall pay to Lender each mont�a sum equal to � . � .
<br /> �� � � � on�twclfth of the yearly mortgage insurance premium being�aid by Bosower when the insuiance cavera�e lapsed or ceaseA w . �
<br /> . be in effect. Lender wlll accept,use and retain these paymeats as a loss reserve in lieu of mongage insu�nce.Loss reseive � ." .
<br /> . � Form 3028 9l90 � • ' �
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