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<br /> �- ;-,`.:`��`?: 5. H�Iamrd.or Rv�ty Ins�anc� l�rower shall keeQ the improvem�en�s aow existing or dereaRer erected oa the �
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<br /> :tF_.,..-�--�:, .- ' Pr+�Pec!Y insu�d against Iass by 8re, harardn inctuded wlthin We te�m "exteadeA covepge'and any uther hara�+ds.including
<br /> .� '<:"..���:`����� � ttflads�ar flaoding.for arWcL l.cnder requites insuranoe.7$is iagurauce sha11 be maiatained in the amoants and for ttie pec�ds _'
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<br /> ..". �� `"�_�.�._ �� that I�nder�utr�s. Thc insurance carrier pmvtd#»g the iaaurance sl�all be ctiosen by Boirower subjea w Lender's appraval �.
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<br />_^�°::`�:=, �s�,�-��-•� whlch sball not be uareasonaDly a+�tLhetd. Et Borm�+er faits to maf�in wverage descn'bed above. Lender may. as Lxnder's `�.::_
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<br /> '�.�.����'�7-•� `:< option.obtain covera�e w pratect Leader's dghta in the Pmpeny in s000rdance witb pacagtagh�. ,� �.
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<br /> - .,'-: °"_'.`�'�' Alt fasnranoe potidea aad reaearals sdall be ac�epmble m[xador�d shall indude a standard murtgage clause. Leuder -
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<br /> . �_� :-°: .��� aha11 h�►ve t�e dg�►t to hold the polletes�d tenewats.If I.ecder�equires.Boiroarer shall Prom�tfY give to Lender aU reoeipts of :;'':'°
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<br />����. '``�,' .'�,f"<.';` paid pre�ms and reaewal nodces.ta the eveat of t�s.Bonower shall give prompt nodce to the Insuiaaoe carries aud txuder.
<br /> - =':��`x``���`' Lender may maJoe proof of toss if not taade pmmptly by Borrower. ~r:
<br /> � :� Uale�Lender aad 8ottower ott�':se agr@e in�rrIting,Insuiance pmoeeds sBatl be apptied to zesroration or repair of the .���
<br />;�_%'�,�.;'�`:�<`:_�-� Progerty damaged.if ttte taW�aaon or c�Epair is ecunomtcatIy feasible and Lender'a seair�ty is not l�ss�ed.If the restoration or
<br /> "z '`� tepair is aot eunnomicaliy fea�ble or Lender's seauiry woutd be lesseaesJ,the insutance pmceeds shall be appli�w t6e s�s
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<br /> �h , r` sectued by thia Seauity Inst�ument, whethec or not theo due.with any ex�ess paW to Bosmwer. If Boscower abaadoas the
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<br /> �,::fi,_:;�;:;';:`,'=:;, Pruperty,or dae.a not�aswer withia 30 days a notice from Leader dtaz Ehe insuranoe�er Las offe�ed to seate a claim.then _-_
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<br /> - ':,.. .° Le�der may oolteex the insocannce pmceads. Lend�r maq ase the pzoce�ds to �azr or irswr+e the Property or to pay sums •
<br /> _ - �� secored by dds S�tuiiy�t,whet6er or nat tLen dae.The 34day periad wW begb whea dse noace is�v�.
<br /> �� Unless I.eader aad Borrawer mtherwise agiee i�wtitinS• �Y aPP�cation of pmceeds to prindgal shall uat auend or -
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<br /> .�.�;;.:_:3•.<,..;_._z:� Po�W�the du,daie of the moathly payments refemed ta in paragr�bs 1 aad 2 or c�aage the amount of the payments.Tf � ° .
<br />-.,u-,r...�.::-. ::r. under pa�a�raph 2!the Fiapeny is ac:quirad by l�eadet.Boerowec's r�ght to any�se polic�es and pmaeeds resatting from
<br /> _ �- .:r•.- ,-._ . _ .,
<br /> -��� _ ."-��� damage to the Pmperty prior w tIle acquisition shaU pass w Le�der to the ext�t of the smns se�red by this Seattity� �
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<br /> `: ': .:� : Y Prlor ta the acquisitfoa ,;}
<br /> `" � �. �. immelliatnl ���.
<br /> �'`;.`':.;:�;`-���``±�:'r; a.O�paac9.P�ses�veHaa,lUlainteaaace and Ptutoct[on of tpe Pt�nP�+:Eorrower's I.ogn ApplicaSon;I.easehWd4. `y`;;�;
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<br />'�_�::�.;::rr.=-. BoicoR+er shaU occupy.establish,and u�e the Prop�rty as Borroaer's prindpal taesidence within si�►days aRer the exemrion of
<br /> r:" = ��:F':--.13' . � tbis Seehriry Insteumem and shaII canpnue w acc+�py the Prapesty as Boaoane�•s principat reside�e fos at tra4t�one yeas after , -°-..-_
<br /> 5 f ' �'�. t�e date of �'
<br /> � f �r� aocWaacY.ualess Lea�der otherwise agr�es in wrltin�,whtch oonseat s6aU not be�sonabIy withhetd,or untess r
<br /> - _ ::,t,•_;. auem�ng�exist whicb are beyond Eamuwer's comml. Bomowa shaU not des�ag, damage or ia�pair the '-�.
<br /> �-° � Frogecty,allaw the Property w deteriorate.or commit waste on the Property. Borrvwer s6atl be ip def�it if�y forfeiture � �
<br /> y �'' �. action or whetheS.dW os eciidiaal,is begtw that la Lender's od faith eould resalt in foifeiQUe of tite
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<br /> .�,T�:W.���,•, Qr+operty ar othe�wise mazerially impa3s the liea cr�eated Isy tbis 5ec�airy inso�amc�t ar I.ender's serauity imerest.Bflrmv�+er ma;y �;;�;.
<br /> u'` ca�e sacd�a defanit and t�instate.as proytded in paragraph 18,by cansing the action or pmceeding W be dismissed��ith a rullag -
<br /> �_ �',. �f . t�at.�tt I,�der's good falt&dcaetminatlon, Pr�ciudes forfei�of t6e Bormwer's iate�est ia the Prapert�r or otaer masesial =
<br />-"�%.~;�:�`�.'`.::�?Q;. lmpairmeat of the lien c�eated by this Security tASuumeat or Leader's s�ity Interest. Bosrower aLaU atso be in defanit if ,--
<br /> -�:::�:;�:�,:�:,'::;::;�.:' Rouawer,d�ng the Waa applicadon process.gave materFaUy false or inaoaua�iaformation ar stat�nta w Leudet(or fa�ed
<br /> - >;;'.�� w pmvlde Leader witls aqy material infomratian)in oommection with the loaa e��ced by the Nots.lnctadiag;but not lim�ted . �"__-
<br /> . to,reP�tations oonceraiuS 8oicawer's accapaucy of the Progecty a4 a g�a1 iesidence.If this 3eauity Iastrament is on a �:. �_•�r
<br /> �`'t�:.�:;:,''��.� "�. leaseho2a,Borrower s�all camp]y w3tL aU the pruvisions oY the lease. If Hormwer arqau�es fee tfde.w tl�e Fropeny, the =
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<br /> - � ' teas�o2d and We fe�title shall not me�ge natess Lender�Cecs tn the mcrger in wrktng. .
<br /> - -; �� . �.PratetKon of Lcnd�'s Ri�ts dn the Fr+ppesty.lf Bo�rawer fails w perfo�m the cavea�rs and�ments i�ontained in . 4•_ _
<br /> _ ` ` �;. , � th�s�Insprumen�.or there ia a legal gmceedtng that may stgniticandy.affect Lender's dghts�n the PmpBny{sucb as a ��._�
<br /> ,H.: .,, �� g In bank�aptcy.�psobate,for condemnat�on or forfettare or to enfarce Iaws or regntat�ons),then Leader may do aad � .
<br /> `-�`.:'� "`;� pay foi wb�atever is nec�ary w pmtect the valus of the Progeny aad Lea�der's ri8bts in the Pmpeny. L e n der's a c Bons may � -
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<br /> :. `-'�;`"��,:. -� � inFdnd� paying ai►3+ sums serutsed by a Uen which has prlorhy over tL9s Secnrity In�rit, aPP�� � �; P�8 .
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<br /> `:'�:��;;�-;r:" . reasonable suomeys'fe�s an�e�ering on the Ptaperty w make repai�s.Although l.endet may tafcee acdon wtder this paragaph `
<br /> .� .y 7,Lendet dnes aot Dak-e t�do so. . ;,�
<br /> �. •AaY amouats d�b�sed bY L�der uuder Wis paragrapb� shaU D�additioaat debt of'Borrawer s�red bjt:th�s�
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<br /> _; :,..;,.,yt��;;�r. . . seWrity rnsorumen[.unless Bortowes aaa l.enaer ag�ee ta other terms af Fay�nt,these a�mts sbau beaz intecese�s�the
<br /> .',:,�., " '�f�` � dAte of disbmsemettt ai the Note rate snd shall be payab2e..w�ib inte�mst,�On not�fix�I,euder w Botmwet�ag
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<br /> ;�,�;: �, � . • 8.M4�B�CC.�IP I.CII�dCI fCQU�IfA tII0lI$1$C 1�'�S1aC 88 8 OOII�d10A OY IDekIII$t$8 I�2A SCCUTCd byi ZWS�JCWIItS1
<br /> __`��;r:° ;: .:�r = tastst�meut.Bortower�riaU PaY the premiums re�ed w�the mortga$e iasuranc�e in effect. I� for aay reasaml.the '
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<br /> :`.;._•#;": ::: •m°rt�age ias�n°e ca�verage requiteA by L�der Iapses or c�as�s to be ia effect.Bormwer shall pay the premfams req�ced to _—
<br /> �.:,��,L._=�:.� '. obraia coverage substan�ally equivate�t w ttid mongage Insura��ps�eviously ia effeqY at a cost substaatialiy equivale�Go the —
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<br /> ,::. • ; ...,�� cost to 8ortawer of the�mortgage iasuraace prevu�usty in effea. from aa atternate mortgage insu�et Apprwed tey Lea�der. If ,
<br /> ': �:_`-,�;'''°`�`-°; � substaadally eqidvalent:mort$age iasuraace oover�tge i�nos av�ila'b2e,8orrow�r�alt pay to i�tCer acb mnnth a sum equat to —
<br /> °,L:'r.'`��;;`�,;-:'� .one�twel8h of the yeaziy mortgage insur�ce premtium being paid by Ro=mwer wheiu the 9nauraace omreta�e laysai or ceased to =_=
<br /> :�;.�.r�:`,`:::' be ia effect.Lender wilt accept,ase�d tetata these payments as a toss reservo ia l�eu of taortgage iaswaace. Loss r�..�:�s�eve =::
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