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<br /> -._�, -, °;: �.sa�'�. . P�Y Insarance. Bomower�li heep the improvemeats noiv esisang ar hereafter erected on .- :
<br /> - -:::;�-,�..: - ihe P�operty iaara+ed agaimst lo�hy 14r+�hazards induded wrthin the term 'estended coverage and anp other BazasB� �..�
<br /> - `:`�`�..,;.° ..� , inc�u�ng fEaads ar fla�ding,for w6ich Leuder requires ins�n�ance.This insurance shal!be maintained in the amrnmts �
<br /> _ _��_�:``;<,� and for ttie periods tt�t Lender s�ires.The insuranoe carrier providing the iasusamce shal! be chosen by Bor:+ower -G� -
<br />_ - .r�;��,:M ,`° svb' to Lender's a val ahich sMa1l not be t�ruabl withheld.It Barrower Paits w maintain c�o des�ribed
<br /> --..,.�__ i� PP� � Y�� ��z�'�:
<br /> � ' abov�Le:tder may,at Le►tder's optioa,obRain wverage w�tect Lender's r�ghts in tAe Praperty in a�ae�itb
<br /> !, �' � paragapb 7.
<br /> ��.`��-`-'� dT1 insuiaaoe policie�and s�e�vals s�ait 1�sa�table to Lender aa�sl+at3 �tclud�.a�rd murtg�cta�e. �4 -
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<br /> '`�.�`-'t.s` r'�r���° Leader shall 6ave the flght w hold tDe pnlicces and r�ene�raLA If i�tder requi+rs► Borr+osver shall PramPtly pve tn ``
<br /> ='�`'°``5` '`�'`'«' Lettder a11�ptsof p6aid premiums and r+enecval notioes la the eveat oi tos�lBorrower shall give prompt notioe to the
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<br /> `°'°:�':�;: i�w�ance carriet and Letlder.I.endcr maq matce proof of loss if aot made PromFfl9�+y Borrocver. '�%
<br /> : �: , � iJaless�..endes ead Bormwer oiherwis�e agr�se ia wtiting,insucatcae pmc�eeds shall be spplied w testora8onar s+e�ir ,�°''�
<br /> �.��_ of the Pnopertg damaged,�tTie resDoration or tepair is economicatty feasi'b!e and Leaaer's qec�u�ity is aot i�mened.If the
<br /> - ratoration ar repair is not eoammnie�tiy fea�'6Isor I.ead�`s�ec�uitp cvoutd be lc�ened,the insuraaee prc�oeeds s]�ali be �
<br /> �. `. - <"e'.�t;. :.
<br /> •;�;.y�Y�:�-�8..._ ap�s}ied to tice snms secUted 1sy�is Se�risy Inst�tiraeat.whether or not then due.with any eso�s paid to Boma�ser.IP .,�-'
<br /> `,<.�.�:-:�_: .�r.=ti Bosraw�a6randons�Prnperty,or does t�ot aas�ver withia 30 days a uotice trom Lender tha4 the ins�uance carsier has �=;'_
<br /> °:�'.:�;��� oftered w settte a c3sim,then Le�der may ooltect the ins�nnnce pmoeads.I�aer may use`the p�to r+epais or -
<br /> '�:`�°���`°,� .:4:= �tare the Pti+opertyor tn pap suma�ned by dnsSeaaity Instrumeat:whetheror not then du�.The 30�day paiod wili -.'
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<br /> ��`=:';x�'�t'.'� beginwhe�theaotioeisgiv�. , �s
<br /> `r=�::°'=t:�.'" UateasL�d�andBos�weroth�ise mwritin an lccatianof to ridci shallaot or ={:
<br /> ��;:i • '- : ;:-.tr: 8�� �. Y� P� P P� �
<br /> �° <-=�.:.'`.�-.�� postgoae.the due dateo4the monthlY paYas��rePenedto ia Qaragaghs l aad�orchaugethsamowrtof�h+e�PaY�ne�
<br /> :� -. � �:s If sttt�3er 2! the is L�sder, Bcssss�s's to ast; � sa3 ���:
<br /> � �=«` 'k'� teSUTtiT1 �C�11�d8l118 to� p�c��� !!°a;lt P03t�° �^ _.`w:
<br /> j. ;.._ > 8 � PFapertY WY aoqtusition shalt pa�to Lratder to'the exte�tt of the sums secar+ed bg :
<br /> `�� .�,;.ti,-;'": tt�isSe�uitg Ins�drmaentimniediately priur tothea�ti�. � :�L
<br /> -'� � ,i �-�P�Y.��.�nce and P�at�tiom of the P'rogesty;Bona�er's Loan Agplication:
<br /> �` °� t: �SSeholds. Borsower sbaU ocivpp,�mblisb.aad.use the Pcoperty as Bomower's psiucipai residentae cvithia siaty day� _
<br /> _ =:';� w. ..:��. after the ex�ae�ion of,this Securityr Instruuneat siW s3�aI1 coniiaue to acr.vpy t�te F'rapetty �s Barratser's prinapal =
<br /> , ��` s+esidenoe for,at tesat one�y�afoerthe dste of occupancy.unless I.�tdes otherwise ag�es.in writing,wfnch c�onsent shall �
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<br /> � '_- _ �u►t�e imreasonablp�v�tfiheld.ar unle�esteauatingcrn�ttnse�uiaesesist sehich are bepond Bornu�eets wr�is�►1.8ario8�r . . .. �`„�
<br /> .�°�—"�:r=;; sl�alt not des�oy.damage or impair tlee�eopeEty,allow the Propert�to deterioraie�os commit waste aa the Pmpesty. .
<br /> �4 � Bortawer shail be in defauit if any 4aifeiWre action or pmnoee�ag,wheth�c�vil or criminai,is begiu►.tlhat ia L�der's - -
<br /> �,b�`'-- -;,'`�� � �, �od faitti j�sdgm�nt eoutd result un f�eiture of the Pe+�pesty or othe�vise materiatiy irt�pair ihe tien created bY this ;`
<br /> �„�:� ., :a " gecurity IasWuieut or I.�tBes's s��tuity iateresl�Banomes may ame s�s defauft aad reinstate,as provided in -;.�-_:
<br />__ -�' ''��` , F�S�PA Y$� by causin�,the �ction or gspc�ediqg to be dismissed �vith a niling..d�at, in Lender's goad fait�. . _
<br /> � � . determinati�.Dr�cludes lorteit�e of d�e Borrowe�'s utterest in�e Propert�►ar o�er materiat impairme»t of the#ien � `E� ':.
<br />- --, `�-:�..���: c�eated by tt�is Secwity Ir�strumem os i.eude�'s security interest.Bosxawer shall also be in defaolt i[Bnrrnwer,duriag . ���;
<br /> . -: .'=F"����� ttie loan agp�licatioa Fr+oc�s.pve mater�allY.false ar iaace�rate informatioa or statemeats to I.eader(or fa�`ted to �=_
<br /> c.Y, ..��� pt�avide:l�ender with a�t materiat iafo�rn�tioa)in cannection wath the toau evidencxd isy t�e Nate,iucluding;bult not -
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<br /> -,`s��'•�.�°.�_ lirnited w.repse�entation$eonoeming Boreowa's a�ncy af the Propertq aa a principal residgace.If thia�$ecarity —
<br /> _ ,.�`��: Insuvment is oA a lea�hold.Barm�eer sl�omriFlY aith a!i the g�avisions of tbe t�If Borruw�r aa�in�es fee titla to _.
<br /> � i � ' . � thePropeaty,theteasehotd andthefeetitlasbail notiner��mless Lenderagers tothe merget in mitin�. .. '. —
<br /> _ �- • 7.PratecNon of Lender"s Rtgbts in the Property.If Botrower�faite to periarm the covenauts ancj$gree�nents
<br /> =:`'-�;.:=, , . . coatained tt�th9s Sec�sritg InswrAef�t.or there ie a le�t prvicee�ng that map sigrufiaantly afYoct[.er�de�s rights in the, '.
<br /> '�'`; . . � PmPertY (sach as�a P�S � �• P��. Por candemnation or fodeitus+e ur to enfmre�Yews ar
<br /> �:_ ;
<br /> <:� � reg�latioas�:tAen Leitder may da�and pay for whatever is ne�ry'ta p�ntect ti�e v�I�.oi the Propertp and trende�s � ---
<br /> , , �'-� �nghts ia the Fe�apertp.L�ader's aetions maq indud�PsY;��Y aums�tt�d Uy a lien Which has priarity over this - - - --
<br /> _ _. -w..-` � S�un ty'Inserument,appeaziAg ia eow�t,payiag ieasoi�ab2e suomeys'fee.a and eatering on the Pcoperey to maYe rep�irs�. �,
<br /> ,��r'.':'.:'`°. :':- A[tlu�ugb Lender tnaY talce actiaA.vad�r this P�B�Ph 7.i,ender does not have to do so. � �
<br /> r:,,• -_:`:��. . 1�uq amouuts�s�uised bq l�ender wider this paraSraPh 7eha11 become�additional debtoi Barruwer secared by this .
<br /> ,, �., .`�„' �gec�u{tq tnstr�menx U�Iess Borrotiver an�I.eader agree m mtt�r terms o4 paymen�these amouats st�aall i�ear inter�st —
<br /> ,_`i..-n'.'-�'�."IE.7 �} 1 _
<br /> �..}:.-'�` - . 7:" from�the dateoi disbw�ament at the Note sete and shal��paqable.witb interese.upon notio,e fram I.ender�a Borrn�rer
<br /> •'t�o-�. . ueslin meat • , . � .
<br /> :. -r . � S.Moae�'t$s8e tasuraaee:If I�ender tequitied mortgage insurau�as s eaaditi�of making�the toan�aecuisd by t1�ia ' —
<br /> --_'� ,.. : �Security Instrumeat,Sorrawer shail�y tlte premiums required to mafi�n the maRgege�nsnrance in eff�t.It;for any,-
<br /> � -;� •.,x..,:=� �re�n,th��ortgsge ins�naaoc coverage re�quired.by Lender tapses or.oease�to be in.eNect.Bart±os�er shali pay ttie,
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<br /> ,� a pnemiums required w obtain ooverage substsntiaily eqaivaleat to the mort�ge i�urance pr+evio�ly in eftect�at a t�ost .
<br /> f�"t�`r �, sul�m�►tia11y equivatent ta the�st to Borrower oi tite mortgage is�suranoe previously in effect, irum en altemate
<br /> �-.,. „-.a . , mortpge insurer appmoved by Lender. If substantiafiy equivatent most�age iasutaitce oovesaga is not available, •
<br /> �• � ,�` � : ,.` `. Bosnower ehAlt pay to I�endet eacb month a euri�e+qwal;a oneYwelith oi the pearly mort$age insura�oe�t�enii�m�bein� :
<br /> �—f' d Bose+ower wAen tha insuranca eav .
<br /> ,_--•.;::���.:..`".,.:,�: P� �Y esege�lapsedos ceased to be ia e�ect.Iandes will ao�ept,Yise aad netein the� _
<br /> � ��;� payments as a ta�s reserve in tieu oi mortgage i9suraaae. I.�ss reserve paymente may no�tonget be.rnqvired,
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