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<br /> ,°.�� , �, ` ` . � S.ii'a�or Piroperiy Insuraao� Barmwer s�al!keq�the imgaovementa now wcisring ar hereafter ecected an the Plap�rty `. , � . ;�'
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<br /> ��' . . insared ag�inst los�6y 6re,6a�ds�cdud�d within the tam °eao�ded oov�ge"aad any other 1�azards,inctudiag flaods ar '
<br /> . . • . ttondin8,fas wbic�L�eatder�quQes insivance.li�ms�nce sbaU 6e maia�eued ia the amauntg aa�for the p�ds thaz I,ende� • .;';�,�n�` .
<br /> ' ` �equines.'Ih�insivance rar�ca pmvlduug the ins�ancc abaU be chasen by Bouower su8j�t to 1.�dda epproval v+tricb sbsII uot
<br /> -�=;;��� Ue �nabty withitetd.Tg l3armwer i�is w mamr�wv�age Qesaibed abov� LeuQer may. IIc i.�er's op��r� - —
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<br /> _�.` c�v�e to protes�I�dds rigfits in the Frogen�in ascard�tce with pa�a�raph�. ` -
<br /> '� "' All insurance poticies�d reuewats shalt be aocepmi�le to Le�der and shaII�Iuds a smnda:d mmtgage clavs�Leadet sl�eD t .
<br /> ��'�� �= bave the right tn flold the gol�tes aad m�ewal4.�f I.endet tequites,Bormw�s6aII PmmPtlY giue w I.eadea aII receapts of paid j, - '.:�j
<br /> `t � • ' p�iums ead rea�ewal notisses.In the eve�t of 1oss.B�rower�aIl give�nnmpi nonce oo the instrr�nce c�ri�and L.e�dea Lender `' `�
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<br /> .�.". - , may ma�se pm�f of Wss if not a�ade pmffiptty�by B�nower. . • `:.,,.�-�
<br /> - � Unle�Leader aad Soseowea otherarise agree in wrritiag,insara�ace praceeds shaII bs apglied to r�on ar cepaa of tne � �`!" `���'
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<br /> .,,:<'��.; �",;: . : .� � ProF�tY dau�ed.if t��esaoaation or repair is ecosnmicatiy feasI6le�d Izude�r's secacity is not Ic�ed.If the resta�ian or _ __
<br /> - � , � regafr is nnt econom£caIIy feasIble ar L�tdes's sepuriiy wonld bc[e�ed,the instusaae pmceeds s�ll be applie�w We s�ns ;:.'.:l
<br /> �`��``� '� � , s�l Dy this�Seca�itp Inshvmeai;wheti�or not thea du�wbb aay excess pa�d m Boaower If Baimwed a�andons the ..'�'-
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<br /> - � Pmgcacy,or daes aot answei within 30 days a aotLCe fmm L�uder diat the insmrance c�rrier ha4 offend ta setite a cla�m,tIiea� ; ��`:,`
<br /> � Lender map collect the iasuiaace praceed�[,.�der may ase the praceeds w�epair or restore the P�openy ar to pay sams se�ed "�.:.:`; ��,,.
<br /> _ , . ,. = py this Security Ins�nmea�t,whet�ea or not thea dia�Tt�e 3Q-day p�ad w�71 begw whea�the nottce is giveo. '° -�-:
<br />_ , r Unlc.�Lmdea and Boaawea ot�faa�ise agree in vmtiing,a�►Y�PPli�tion of groceads Lo yriucipal sltaIl not ext�d ar gostgane j:="�, �.
<br /> :� ,,:� �e d�se da�of tHe mo�►pa3rments refered to�a p�g�apbs 1 and 2 ar cfianga the amount af the paym�tg.If midrr p�ap3i -�•:.'`°,�,.
<br />-°: �, �_ ,� s • 21 the Fmpaty is acquired hy I.ender,Boaower's agbt Lo any iasu�ce palicies�d pzuceeds resaItiag from dam�e ta Sie. .
<br />- °,_ - � ptapeaty prIa�to the a�qms�on si�pass to Leader to the exoent of the sams secared by t5is Saamity Ias�mnearimme�dy - -_
<br /> —�.-—_ - — . prlor to the a�sitioa. ',:Y��
<br /> _ . ° 6.Qo�paacy.�e+esarvstton,lVlainteaauae aad Protedton of the Propertqf Bonawer's Laan Applicattan3l�oLla. .
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<br /> L, � � .' . � Barmwe,r shaIi aocupy,estabtish,and ase tke.pmpeacp as Boaowes's priac�pal r�ideace w3thin sbny daye aflc�a the exea�ioa of �`
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<br /> _ ._, .� d�is Secariiy J�ssnnment,aad sLaII contimue ts occapy the Proge�ty as Baaawes's pr}uapal�esidence fur ai least qae year after the —
<br /> - �-r date of occupancy.unt�ss Leud�othenvise agre�s in wrtt¢�g,whicH cons�nt.shall na4,be�mably wi�he�,or aatess = -_
<br /> r� � ' exteu cm:mnstanc+es eaist which ane and Bmso�rea's canual.�owea sball nat d�o , or' air the `� ��i=<
<br /> _ .� uamxg beY Y� �P �'oP�Y,_ �,`,,�:,-__
<br /> .. r,,.: ...5 SIIOw th8 FtOjl�ty t0 dEtC[IOtBiC�Oi GOtOA�Z W8SI6 OII thC PIOpPJ[y.BdIIOwEt ShBll 11C m�Ef8flli ig 8Dy �OlfPdiiIIC ECi�OD Qi :�-` . �'_
<br /> - . �IOCOE�II$s WhCi�?d CIVI�0��.13�C$tu1 fh2l III I,CIIQPd''S$00(1�iftl JiI��1'1CAt l��LCSU�t Iri fO7�C�AI[C 0�t11C plOpCf�j►Of :'`::�-
<br />- - � = othe�wLte ma�atatty impair the lieu�by tLis Sec�ity Insuvmeat or Lender's secnrity int�.s2 Boimwa may aue sacL a - -�=--"
<br /> ° , , ''-;�r ' defa�tt and reinsCate,as pmvided in paragrapD 18,by c�sing the aaion or proce�ding to be dismissed with a mting�at,in � .„°-
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<br /> Lender's goad faith determiaanion�piecludes forfeioue of the Borrowa's m�eaest in the property or othea matraial impaamea�t of �=�.
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<br /> , ,� th�Ii�n cteated by dds Se�riry Insocunaeat a:Leander's�cy inte�+e.ci..Bnacswer shall aLsn be in defauItiP��rmwea,during the �._:
<br /> - �08i1 S��OA plOC�3.$SV8 A18ICd781Ij►fB�SC Of IDSCC�B�fE IDf01ID3�OD Oi S12f�Q1E`dli4 t0 LfJld�(OT�C��piOV[$C LCIIQBt Wlt$ . .,r,.�' �-
<br />_ � � ::; any a�aterial infamiation) m crnm�on with the Wan evide�cced by tUe Noie,inctadiag,but not tia�ited to, represe,ntan�T,s °:°�-`,
<br /> . conce�ning Baaowca's occupancy of the Property as a prinapal msidence.If ti�is Secarity Instr�ne,at is on a Ieusehold,$aaower : •.`,��'�
<br /> ' � . ' ..; �all comp2y with all the prnvisiaas of the leasc.If Bamower acquires fee titIe W ihe Yrvperty,the IeasehoId and the fee title shall � �
<br /> � . . . t-.u�merge anIess Leader ag�ees to the mergea in writfig. `:?�',�=�-�-'
<br /> - . -:` 9.ProtecNon ogLender's Rigbfs in tGe Property. if Baaower fa�7s tn�form the cove�ants and agceeme�contaiaed in . �-`'
<br /> __ _. tLis Secmdty Inswmen�,or theae is a Ie�t Pmceedin8 ttist may sigmticandy+affea I.ender's rights in the propeatya(snch as a � � ��.'���
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<br />=_ � � prooaeding in banlauptcy,pzobate.for co�demnation or forfeiaae or to enfarce laws or regalations),dtc�IRnda may do end pay .--
<br />_T . ., •' for whatever is necessary to protect the valne of We Propeity and LenQer's rights tn rhe Pmperty.Leadea's acdans may�ncIude h:?,�':�`=";:
<br /> �;; ' � PaY�B any suQ+s secared hy a lien which ha9 psIority over st�s Sec�uity Instr�nenb���comrt.PaYmB r�sonabIa „� ..� :
<br />-- • ' . auarueys'fees and�termg on the Pmpeaty m make repaus.AIthong6,Lender may take�action imda tbis p�agraph�.Le�tdes u��, r.t.��
<br /> -- .� .� � : daes noi have w do so. . . _ -
<br /> � ' . . My nmonnts disb�sed by Lender nrider this paragraph 7 sha11 become additfanal debt of Bmrower secured by this Security _--
<br /> -� � . . Insuaacent Unless Bonowea and Lelcdea agree to othea teams of payment,thesc amoants sha11 Uear intcaest from the date of `.���;� '` .
<br /> - 1'•�•�•,.� ..:
<br /> "r' .. � .� , dis6ursement at the Note rate and shall be payable.with ine�est,aAon notice from Len�er to Barrower requesting gayrrtent � ;u;r�>, •
<br /> � _ S.Mortga�e Insm�anc� If I.ender req�rired mo��e insurance as a condition of making the Ioan s�ated Oy tLLs Security �,:_. .r... ..
<br /> _- � Ins�trumwt, Baimwar sha11 pay the premiums reqoired tn maintain the monpge ins�ce in�ffECt If. for any reason. fhe
<br /> , . murtgage ins�ance caver�ge required by Leades lapses or ceases w be in effest,Bmrower sha11�ay the premiums required to ' � �
<br /> :�� . . . . obmin coverage substanbaUy eqaivalent W the raortg�ge insurance previously in effect,at a cost substantially eqaivalent t�the •..
<br />_ � . � wst w Bomuwer of the azortgage znsiaauce przviously in effect,fmm an aItemat,e mongage ins�r approved by Lende,r.If
<br /> � . �. substantiially equivalent mo�age�surance coverage is not available,Bairowea sik33 pay.to Lender each month a sum equal to � --
<br /> . on�twelflh of�he yeazly mortgage ins�cacce premiwn beiag paid by Bouowea when We insurance cove�age tapsed or ceased w .
<br />'.?_� �. be in eifect.Ler►der wiU aoceDt,use arLd retaln these payments as a toss rese�ve In lieu of mostgage insnrance.Loss reserve �
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