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<br /> � . ' g;�ra a,�r Fropert9 in�raao� ,�aAOwer�hha11�eeP the imymv�nuw erxi,�ting os•hf�aR�,����aqn�t,he pP,r,,+a,p,�,c,sty -'-{ << ; �.`
<br />-� , af�` . �.�.. • s a ��J1��y'QYi��illNt1111Yg iWYiv QT . . : c s::�'v.-'`.
<br /> : insmed agi�srtoss Dy Bm..�ds incladed ail�io t�e tam eate�ed nm►eaage .�:,,
<br /> �� IIao�ng.for wbicd�L�¢sa re�u�es lnsuisao�This�ce s�all de m�in the amounts aad for the peri�ds tbat I�d� - � .; ;�,�:
<br /> ` ��` ' reqaises.The�su�ce c�riQ+r provldmg dte�s�all be th�by Boaawa sabbject m I.euder's agpraval which sball not ` �._
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<br /> � ma at I�ender's T�
<br /> � -: �n,ol�i.t►
<br /> --"""'',�-�' 6e t�m�onablY �ri�h�l�t. If Bauowet�aila to m�wverdge de�xIDEd abave. Y. -
<br /> � , ' cove�age tu gxo�et I eadrs's dg4�ts in tJ�e Ptojt�cy fin accm+dauce cvith par$gt8�b 7. �� �_
<br /> . .AU�ce Pelicies and maewa�s sBaIt be aoce�table to Leader and shall msiude a stan�d most�ge claose.I�udea shall ��� .,:
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<br /> . ..; ` ` 6ave the rigKt tn hoS�thc policies end�ewals.lf L+e�er:equices.Bmmwer shaU promptIY give to Leuder all seceipts of p�+d , . . --
<br />_ � � �s endre�ewalno�.rn the eve�tt a€1asg.Bittmwer s�allgive psomptnadce m the insuraacec�aiea aad I.euder.I�nder _." :::-,_�
<br /> ,`, . m�yma�eps�ofofYassifuotaradep�mptlYhl+B�+�� �',`;. .`��`---
<br /> � � Unles�Leuder�d Barrnwe�QS�c�vise agtee in�a�mg,�Pm�s���DD?����°J�of t�e .�:i._�
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<br /> ..:. . � . Frop�t�r�5�,if ine�an ar m�ir is ecna�y.fea�b]e�a I�ader's se�ty is aot I�cswea.if the r�on ar �;°�:_;_..
<br /> y � a repair is nat economi�y feasi'ble ar I�ende�'8 s�►wm�2d be ie,sseaed.dte�s�anoe pmceeds st�aII be appli�d ou the sums ' � ' "
<br /> . � :� ` �ueQ by tbis SeandxS►Iastrameat,whet�ea at not di�►dtt�witL any exoe�s paid Lu Baaoare,�If Bmrowea ahanGuns the ,r:='
<br /> � �_ •� .. �� Peogaty,ar does aot ffiiswer wittda 30 days a notirce fnom I.�da tbat the msu�aoe c�ia tsas offaed t�s�tIe a ctalm.thm� -..�`�
<br /> . � I�Pudea maY eollect We m.,�ee pmoeeds,I�d�r nnay ase the pmceeds�o�e➢aa or t�staie tbe F4ca�peatSr�Eu pny suaas.secuied z :-..,� _
<br /> . . � �.,� :; hy thisSeauitY Ins��whetherar nottheA dae.�he 3Q-dayrpe:iad�►7lhegin whEn tfle na�is give,n. , `,_
<br /> �'* : iJnless Lender sa�l Bo�mwe�odcc�wise�gtee in a�ibin$,aaY$PP�n of graoee�is 4s prindpal shaII aat en�ud ar.�ne f'==
<br /> � � �.`�` - e montht re�'a�ed m m a�ohs 1 and 2 qs change the m�touAt of the�yments.If n�deap�aPh �.� �, -:-
<br /> �_ ._. _ . . _,�_ ��e due dateaf th �►paYments ed V •��.-_=-
<br /> ; , � � 2t tbe Pmper�Y is aGqi��ed b3►��.Baaower's r�gDt w a�►y insmtaace Pn1�es aad pmce�s tcsalting ftasn d�e ta the . — _-
<br /> ` ' _ property p�r to the acqui:�tion shail pass to I.euda to the exteait of ths smns�Dy this Sewrity lnsrrume�t immediaselY T�'"�'
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<br /> ' _ priartntheacqacs�n. � ' ;.`
<br /> 6.Elc�p�nc9,�+reservattoa.Ma�ntenauce�Fmiec�ion a8 the Ptoperty: Barmwa's Loaa Applic�ttnn;LeasQholO�. . ,_:
<br /> i:.�. ... . - Bo�x+awec sban�Y,e�aDlis�.and nse the Ptop�e�g►as B9aowea's gmtcxpal tesdenee an8ua srxty days aR�r!he e�cec�ia»of t:.t;�-;"
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<br /> ` • tl�s Securiiy.Insummeat and shali continue w acaapy tRe Propeaty as Boima�ea's prirecipa�ressdeuce far at least ane ye�ar aftea B►e .
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<br />,t', � dBle Of C0�3IICy►s tII1�CS9 L4ltdet O�8 BQIeCS it1 wtit�II$.wh�Cjl C�58AL 56811 QOt be uMC8S01Ydbly withheld.OT 11AZe93 , �*'
<br /> `t � . p�mg circumstances exLst wbich a=e'6eyond Boaowca's cus�1 Ba�vea shaU noi de.sdooy.dama$e,��P��e��Y• -��
<br /> . aitow the Pcoperiy tn d�r3maiQ.or�.waste ar�tha Ftogaty.$ormwer sha4 be in default if aay�fm�feiruse ac�i4n or . .�:-
<br /> � ` '�� groc�eding,whedt�dv�ar c�imi�l,is begua that ro Lafdea's gaud fairb judgment could msfllt�n forfeitpre of @ie Ptope:ty or Y ��r;:
<br /> � , otheaari�materialiy imPair the lien�d by this Se�aurlEy Instsumea�t or Leadea's s�anityi intaest.Basmw�r may cu�e such a ��..�.' '��-;�T
<br /> .. ,;..
<br /> . � defanit aad relnsta�e,as Pmvided w Pa�a�aPh 1�.by causa�$the action or grac�eeding to be dismi�ed with a zaling tbat,isi ,...;`.
<br /> ; ,: .`. ., - farfe�hue of the BoimwePs in�sest in rhe prape�ty ar�te,r raateria2 Impa�t af. — .::;�_,:.
<br /> :: '%' � LendEr'S�faith dEtrasalinatiOn.Prectudes- �h
<br /> �,:. `;r�� � &e lien c�eated by tbis S�arity Instrament oi Leuda's s�nriry intetest.Bumrowea s2�aU also 6e in defanit if Smaawea,dvriag ttte ,�:•.
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<br /> �- ��` loan appBs�tion gmcess.gave mareria�Y faLse or ma�a�te info�tion ar smteanents m Lendea(or f�ted m gravide I.emdea with .�—:<���
<br /> :. �:�_.
<br /> � aay mat�sial information) in connection with the loaa evidence�by the Naie.�actading,bat not ti�ate�to.r+zp�scatati�ns -a�•
<br /> - co�ning Bomowzr's accapancy of the P�capcny as a priucipat residence.If this Sec�aity Iaso�runc�t is on a G�sehotd,Bmrawear .::��y'4
<br /> . �:...
<br /> � sha11 comply wltb aIl�e�rovisians of�e Zease:If 8oimwer acqui�rs€ee tiste m the Pcopeaty.the IeasrkoId and the fee 6tle sball �'
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<br /> • , natm�uNes4l.e�ad�agrees tothe meagea ia aitidng. ,
<br /> . :J::.. ,. 7.P�t6ra of l.eQd2r's Rights in We AvDe�rtq. If Bornrn�c:�r fa�s to pesfmm the curenants aad agreeme.nts cantained in . � . ��;.r:
<br /> `'� � '�;; fo'"��:...; .. . Insuumea�t,or du�re is a I tUat maY�S���Y�l.endsn'srlghts ui the P�opeaty(sucb as a �. ..�.F�,:
<br /> •: ��t this Se�Y �P�E
<br /> �{ ���"�� ' : ' yroceedmg m ban�.°�►.8rolsate,fos condemnatian or fo�t'elWre os to e�fo�e laws or regat�oas).d►�L�der maY��i�Y -:
<br /> 4• '.S�'� for aLatcva is n�ec�.ssary►ro�,smtect the vatue of tha Pcopeaty a�d I.ender's rlghts m Qie Proptaty.Lenda'�ecti4ns may iaeinde ... �;�:.�
<br /> �..� .�'. . , , yay�ag any snms secured by a lien whicfl Uas�►riority over this SecarItjt Instrument,apg�ring in oomR,Pay�ng rea�aaable ' ..,.,:��;.._:
<br /> _ r',;: ' attameys'feeS and e�tering on tha P�opetr�w make r�pa6s.Altlwug�Lendea may take action under d�is paragraph T.�ude� - .
<br />: ;�: : y� . � s does noihave w�so. • . . � .
<br /> � � Any amounts disb�ed by L,eaQea anaer t6ls pasa,graph 7 s�SaD became addidonai debt af Bmrowea secured try tbis Secauity � .
<br /> �:?.. • ,. . Insuume�t Unless Bormwa and t�dar agee m othea teams of psrym�.dcese amaunts shall bear intea�.st fmm the date of .
<br /> -- . Gisburse�c,nt ai@�e Note rare�nd shaD be�ayable,wiW int�est,upon notice fcu�m Lender w Bonowea reqde��payraent . . ._ -.
<br /> � � .� ' � �.M9rtgage Insurauce. If Leade3 required u►ortgage�ce as a vondidon of making the Wsa seaued by this 5ecurity
<br /> ".-�: Insuumc�a4 Borcawed sLall pay the�remiiuns requ�red w mainta�n the martgage insurance in e�fect. If,far any�n.tice . .
<br />;;-:;�� ' ' martgage aisuraace cov�aage req�red by Lender lapses as ceases to be ln effect.Bormwer shall pay 4ie praniums required to �
<br /> obtain cover�e substanUti�ally equivalent w the mmtgage insuraucc previously in effe,ct.ac a cast sa6sfantiaUy equiva2caat m tiie . ,
<br /> Y �
<br /> -'� onst tn Bmrowea of the mmtgage insutance pnwiously in eKect,fmm aa altanate moitgage msiuer appruved by l�der.If _ .
<br /> �,; ' � substaatIialty eq�mraie�t mortgage insurance coveaage is not�vailab�e.Barrowes sha11 pay tn LetWea each momh a snm eqaai to .
<br /> :�� ��. . •. on�twelfih of the ye�urly mortgage msmance pmmium being paid by Bomaw�whr�tha insurance ooverage�apsed or ceased tn .
<br /> ;- ' be in effect.Leader will acceg�use and retain these paymenls as a Ioss r�e in lieu of mart�age insutaace.Loss res�re . '
<br /> � � Form 8028 9l90 • �
<br /> � � o �•6R(l�1Ej19212�.01 Pago3ot9 InNtaia:
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