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<br /> `'�"�'. �.. 5.�zai+d ar Yusm�ace. Boauwer shaU Iceep the improvements now esisting or heseaf�er erected aa the °
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<br /> �,t�_,R`.`t_�. L.;Gn r�_'? Propecty insiu�d against�t►Y fr�e,2ta�rds iaetuded within the term'ext�ded oaverage•aad any other ha�ids.mcln�a8
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<br />- `;_�.�F,r'�kd f,�,r�'• QO0�8 8i$QO�,D$�fQ!W�Ch�rCI1QEf IOQII�TC.4�SI�iCC.�1�5 fOSlll'SIIOL'5112����ID t�8 81�U1ffiS.A�f0i tbC QC�aQS k;, :,,
<br /> -. -.:.< - that LEnQer cequires.'ihe iasmrance c�rrF�r P=ovid3ng the�ce shaii be c8osen by 8orrower subject to Lendet's appmval ,:.`
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<br /> `,":��;�:•�-..°�-.�-: whish shali ant De unreasaa�ably altbheld. If�oiruwet fai3s w maiataiu oove�age de.s�aib�above. 1.rnder maY.at i.eader'$ :�.;`_.-
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<br />-�.,�•r,.�`��°'�'.:f,::� aPtion.ODta�!COVe[8ge W pr�i�et I:en�er's Iigh�in the properiy fa aOCO:d a n C C w i t h pffi8,$[ap h 7. ..:
<br /> , "'.� `:' s ,t`. /4U ins�rance goliaes aud reaewals shall be aco�iable to I�and sball iaciu�e a staadas+Q mortgage clanse. l�eader -:
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<br />..t .-� s ...�.V.�;�•. shait l�eve ibe�igM to hoId the paHdes aa�r�.wvals.if L�da�r�a,Boaoa►er sball promptiY gfi+e to Lendet aIl r�eaeipts of �,_
<br /> �`'�'` , ° ' paid pieminms an�reaewal noSoe.s.ta the eveat of toss,Bo:mwer slsalI giv,e prompt aotEce to the insur�ee catrler and Ir�der. ;.
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<br /> � ���>-�,� l.endes may make proof of lflss if uot made prarnptiy hy Bonowec.
<br /> .:<;�u-: ttnless�and Boaower otLerwise�ree ia�g.�gmc�ds shat!6e�gl�d ta�or iegair of the.� ,.
<br /> �•�`:�':�:`:`�°:`�;:`=: paopeuy damaged,if tt�restoratian ar�r is economicalty feasible and Ien,Je�'s se�urity is nnt less�ed.If tfle resio�Ioa or •,`ti.
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<br /> � �GY �z� repais 1s not�Y,�Sib2e or!�'s s�r'st�►wootd be tesse�ed,the iasucanc�psoceeds shall De apglied co the sams ,;.
<br /> - ��;:,��'� '='�'�� s�aued by thia Se�ity�t,wHet�er or nat then dne.wuh aaY exa�ss Paid w Bomnwer. If Buu+�wer ab�dons the .� .
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<br /> ��..� �-,._�' Pmpeity,or dnes noi affiwer�30 days a aatic�e fmm Ix�der ttat the�caaFer bas off�ed to�ttte a elaim,thea
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<br /> '�....:r���y.-��; I,eader ma3►ooltect the�grooeeda. Lwder maY nse the groc�ds to iepair or restore the Propeny or w�p�urns .
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<br /> _ �, s�ced by this Se�mT�ty Iast�aas�t,whetLer ar nat tbea due.lhe 3Q-0ay.pertud w�l beg�u wlten ti�e noi�is given. �.
<br /> ••`L µ- "��`^� Ualess Lender and Boaower otheiwTse ag�ee in writing. any applicauan of proceeds w�al sl�all.not e�d or _-
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<br /> � � :;°: Postpone the due date of the mantLty payments referned to ia p�Ls i and 2 or cbange the amooat of the gayme�ts.if imder
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<br /> `� "�M����� pazagaaph 21 the Bra�peat}►is acqniied by L,eader, Barmwec's rlgLt to any inspranee P�� �P���S ftam
<br /> �', '� . da�tageto the Prupe�9 Pr�orto the acqois�nn shaIl pass w Leader to the�eut of the snaas seca�ed by tbis S�r tnstrame� -�
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<br /> . � . �YP�osto the scqnisitian. ''� '
<br />-- - `r: • 6.Qec�cy.pr�rvalion,Mei�ana Frut�ifon oY the Pruperty��aa�es's Loan Applimtion;Lease�olds.
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<br /> - _ � Bor�ower shall oa�py.establish.aad use the Property as Boaower's prlacipal r�sld�afifhin sixty daqs aRer the execut�on of ,.M1�.
<br /> `-; ` � ' � tt�is Seauiry�aad ahalt mat�e w oocuFy the Piopetty as Bonnwea's prir�i�t�side�oe for at t�st Qae year aft+et .�t :
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<br /> ,� f, ' f `�,�.�,•. , tbe datt ciYoceapaac9.ualeas I.eader o@iec�vise agcees in�wstdpg,which aaaseui shalt aot.be i�ably witbheld,os untess • . � __
<br /> _ `" ;:�i`-- �nating dr�auces eaist wAich are beyoad Bonower's oanuo3. Bonower shalt Aat de�Y. damage ar imPair t�e �.:_:
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<br /> v,,'`;,.`.;;c;';c �P�Y• aUow Ste Ptvgeity to dc,terla�ate,os can�t waste ou the PiopenY. Boa��r shali be�t def�lt iF apy farfeimie ' __
<br /> ��� ac�i+on or pioc�eding,wnether,avn or cr�aal,is uegan that ia iende�'s gana taith icagmetu ranla�anit iu fotfeipue ot t�e
<br />;:��.�,::-"`: .°�..:: °: : ` . - FccPeztS►a;o�aise mateatatty impatt�►e tfea caeate�hy this S�itY i�su�e a;�eailer's sec�arit�r iaterest.Borrawer m�q . . . =-
<br /> �:'�� 4�:'`��' ;t� `' •aue sadt a defanit a��e�aze.as provided in pa,ragraph 18.b3►caushog the acttap ar pruc�dip$w be dismissed whH a�icg-.. .
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<br /> - Y�:i.::. .• �' s �Q�C�S$00{i{$i���Q1�'II�CS fOIfC�C Of 121C$OItOCVC!'S��!1•�I4r�ldffC[�J/QZ OQ1CC�i�;:'.•.. _
<br /> •;��; � ..�`,:::�° � ��EIIT Of thC�CA C[88tC11 bji 1�8$�itJ/blSflOnlEOt CI�C['S SC�ItSi�IIZCI23�.$��Cf 8b�{8184�16�R�C�It�• ,, •
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<br /> ' L ': � . Bor.t+uurc�.Bi�sSng the Ioan app�casiaa piaae�.�►e maseila]IY fa�se as ina�arate iAfo�ati�oz stasemeuts m�uti�er(or fai�3�
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<br /> -` ,;.,�,;>�;.�;:�1� w pmaide t�endei w�th aaq�at�ial iu4o�rm2uon?ia cunm�ction atTth the toaa evldenced try the Note�,�incduding,bat nct itmited :,
<br /> `:'';:...; '`r .� �;.�` .to,�cros+�onceta�g Bnrc�wer's oax�pans.y of the property as a pr�ipai�sideatoe.if tbis Se�ity:Ins�nt is oa a`�
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<br /> . �:_ ' � 2easel�old. B�o�awret.shall oamP2Y wldi a11 t'he psavisions'oY the leas�..If Borruwer acgai�es fie�.'title to t$e pmpe�p. t��%';. � ,-
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<br /> � �" • tea�oId�d the fe�titte shaU not merge a�las I�ader a$c�eg to tt�e merger 1n wrldn�• • , -
<br /> ? � � .� �.Fe�u�tedtoaaYLeuder's I�inflt�P�+npErty.ItBosmwer fa�ls to perfosmthe caveAmtsa and a�ts oom�+aadi�l . _ .
<br /> .:::.�:�..tY�` � this SaurIry Iusuanp,eat, or fliere is a legai pmc�eoding�at maq si�nifi�ntly�Lender's rtgWs in the Propetty<�b►aa a � -_-
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<br /> `��:�. .. ..�:.:...; . Pmc�dtag in b�uPtci►.Probat�.�ar candemnatton br farfetnsce or W e�oste laws or iegoIadana).then�der rna�j+�a�l,.� .
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<br /> . , , ,'�"� PaY far whatever is necessary.to pmtest the value af the.Pr�aperty mud Le�det's�ghfs ia the Pr+aperty. Lende�'s asx�cm�rs,�y�.:: ,,,� .
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<br /> � " ,`� , , � � � iacYude paYing aaY'smms secared bI► a.liea which has priorlry over.thia$ecurlty tns�meat, �rp�rIng �n crnut. papc�... � . ;.
<br /> ` ;i';_�':,. �sanaple attomeys`fers and?.nt�ng ott the�rupesty to make nepalrs.Altt�on�i�adet ar�y t$ke a�#oa tmder tbfs pa:agr�-�' ,
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<br /> ='~'',�' ,��°' �� 9,t.eader daes aot Lave to da so. : . . . . , .
<br /> ��'�--� ' l�ndei orrd�'duis paragraph'7 shalY beoome additiona!debt o�Bormwer secaied bY tt�f .
<br /> _ •. pay amou�s.dieba�d by� .
<br /> _;� �a S�r.Ins�..Untess Borcpwer aast�der a$iee w other cerms of paymant;these�.i�alt bear iaterest from ti¢� _
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<br /> :.,.s-�,�r , dete Qf dlsbu�et the..Note tate am�1'shaU be paysb2e,wfth int�[est.uPvn nultitx fmm I�i�to Borrnvaer�'
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<br /> t��,��_� , ' 8.Mortpge I�oe:'�'t I�eader�uir�mortppge�ae av a oonditioa af ma�ing the 20�s�aa+ed 1►3►8iis Seauit�r� �•. .
<br /> �'��`, : -. to,wafiatafa the mnrtgage insuraace fa effe�t..if. fot aay�a,��� ,
<br /> tastra�nenb BotmweR�ehaU pay the;psemlums teqn�re�� .
<br /> :- r`'�;�=4+�.."-� ' , martgage.tnsns�aoe caverage z�qaiced b3►Lender lapses or aease�to be.in effoct,Bo�wer sbaU PaY�D���,,����
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<br /> � "`,��. . . ent w the . insneance Dr�ev2o�isSY ia�e�Ct.at e cost a�abst�tialiY equdvalent,ta
<br /> •�..s��:c�,a� ,, ; , � ab�fin coverage sub�tmmtially��q�,vat mortga8@ � _
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<br /> ��.�=,•,,:.,.��,. .� �. oost to Botrowes of the martgage iasurance previonaly in eSect. fram aa alteruate i�agage.iasater.apptav�i.b3►i�aQer.ti
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<br /> substaatiaity eqniva3ent iaortg�a lusuraace caverage is uut avaita6le.$o:mwer sLall pay to Lecder eac�mont��snm eqaat to
<br /> ` .� ;:,.;;;, om�tarel8h of the YeatlY martgage�sar�piemium Deing patd by 86rtower when ttie inanrance eoveiags ta�se��a;ceastd to -
<br /> _ � . �`.` . be ia effea.Lec�ies wlll accepc.use amf retadn t�ese paymeats as a los� res�ve ia liea of mortp�e iasuraac�.•Los9 res�ve. ' • a W
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