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<br /> ' � c ':f . 5.Hazard ar Pirop�tg Ingmranae. �B�mwer sl�aIl k�p the�eats now exisbng m heaeafier�d on tfle Pcope�ty `,� �` .
<br /> �.�'.
<br /> . r:� r' iasuYed�.0 iess by 6re.haz�ds inrduded withm the tedm"e�ded oavera�e°and any ather ha�ardR iaclading Qaods or � ' •
<br /> , tiaoding,f8r wbich Leuder��ce.Zhis�shall be maia�ia dte amaaats aad for the peainds @�ai Leadea •
<br /> _ ,:,� '�' - F_ ceqa�es.lhe msa�ce c�rcer pravI�g the�ce sball be chasea by Bosrower snb,iect o4 Lendsr's approvai whir�sball aot � � �
<br /> . � 6e �sunably wir�h�.If B�rower f�7s m main�n aavesaga d�ed abovc.I.eader may. al I�der's option.abtain . ,., .
<br /> � �� • coverage tn gcotect Lende�s rignts in the Pmpe,�y in�eootdaaoe vrit�pais�apL 7. . ., -.'. -
<br /> . . ;.,":{ AU insuranoe po�cies and re�earats sLaII be a�6le bo i�:mder an�s�all indeide a�ndard mastgage�I�eader d�all -: -
<br /> . :. ' bave tRe sigtit m hold tt�e policies and reaearats.lf Leader ieq�es,Baimwe.r sfiait P��Y A�co i�endca eri re�ipts of paid °:� . ����
<br /> ., .. ' `4 � `� pte�imms and rmevrat notioes.In the eveut of tnss.Bmmwea shall give p4ompt Qoime to the insu�ranoe c�rier and Ixaadea.Lender :f � :�Y`.�;�-,
<br /> � _ ` may ma�e pioaf of Iosg if not made pmmgtiy by Baaaw� :,> `; �:� _ ...
<br />' , ,. UnIess Lender and Buaower aWeiwise agree in writin�,ias�aa�e piaeeeds sdall 6e agptied ta�ration or�af dse �� ��-_
<br /> - ,.� � , -
<br />_ . _-=�� Froper.y danaged,if tLe re�tn�srio�or repai�is eoonomiceIIy feast'6Ie aaal I,r�da's secarity is uot�e+3.If ti�e��r == _ -_
<br /> -. c�air i�not eenaamicaIIy f�Ie ar I,emd�'s se�tyr wo�ilct be.te�eo�ed,dte insa�p�ds shsII 6e spplied to the�as 4'` -':_
<br />-,. � • �� seciaed hq this S�y Iast�ument,whether ar nn3 thea dnG.with aay�s�id t�o B�awea If Baaawe�a�andons ttte ''`� . ,_-
<br /> . �.�. Rugeary,or dnes noi answa within 30 days a notioe fram Lender that the insura�ce caaier has offe�ed w senie a ciaim.d cea '��. � -------.
<br /> . : ` � Leadra a�ay colIect the�ce pioceeds.Lemder may use the p.raoeeds tn�ar�estnre tSe Pmpaty ar ro gay saans secaced '. °: <
<br /> ., • Ay th3s Sec�y Ins�ment,wne8ceror nntthe�duG?he30-day gaiod w�7lbegin whc�the uotice ts givea. ,-��,`:;. -
<br />- ' . . UWess�dar an�Baanwer uthen�visc agree tn wri6ng,anl►aPPlic�n of pmc�eds to�al s6a11 uot a�ead ar postpoue .. .
<br /> �' �`"� the�e dacE af the manff�Iy paymffits zef�d to in garagtapbs 1 and 2 or ch�nge the mnoant vf the gaymeafs.tf cmder� '. '`<�
<br /> . 21 tlie Ft�peaty is acqu�by Leader,B�ao�wer's rigdt Oo aay insusance golIt�es�pmceeds resnI�g fmm damage w the —_
<br /> res I
<br />_-.. . � '.�. oo ths uisirion s1�aD w Leadear m the ext�nt of the sums se�red by this Sec�ity Instc�cat�re3y - �.
<br /> �P�Y P� �+1 F� =
<br /> - •�{ �m�� � , .: - -
<br /> ,.�., 6 UoaiPaney'.Pt�rvat�jaa,Maf�eaaaae sua Pt�niectton ot the Properayt �orrower's Lean A�p�n;LeaQeholds. -. _,:-�-
<br /> , � Beaower sball oa�py,e�abtisb.a�ase the Ptoperty'ss Baaowec's prmapal tesideaoe wiit�in aiaty.days a�0er the execatiou of -
<br /> °a �y A_;:
<br /> .. this Seauiry Tnstramem�d shaII cmntmue in nocupy tne ptopesty a9 Boirower's gni�igal tes�+dwce for ffi Ieast ame ye�aftea the - - -----
<br />-_ � - - date of oe�ncy. ant�s d�dea uihe�vise agr�e,s in cvriring,.wdIcL conseat shaIl n+ni 6e �b2y witLheYd,ar an�ess - - - -.� __-
<br /> , � aaenaating�ea�t whicL are heyond Saa�awer's aonocaL Baimwea sLall not des�oy.damage�mipa�ir the AaQe�t}+, � >''.
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<br /> ;�,, , aIIovi We Pmpertj►m de�.ar o�mmit wast�an ths Prageity.Brnmwer st�all�e ia tlefault if any faRffeimra action or - -= ---
<br /> ``�,�. p�c�ding.wheffiea t�ar�iminat,is begun thaz in lradea's goad faith jitdgment oouW res�ilt in farfeimne of dte ptapeary as �'��"r``:=
<br /> •� ' athearai�e maneaiatIy impaa the t3�created by this S�y Ins�nime.n�ar l�dar's sec�ity mtr�t Baao�ver may care sacb a � �`:: - -
<br /> .. � defa�It and�as gmvided in parageaph 18.By c�nsing We actiaa�gmce�diag t�De�issed arith a mting tt,a1.m . ':':�„,�_..
<br /> . , ... _. : I.eada's goaQ faith de�ation,pr�Indes fo�feitme of the Boaowe�°s interest ia the Proprsty ar otbea mat�rial imgaum�t of ' .�.�;
<br /> ' . the liea aeated hy tUis Seamin►lnstzumeat or Laadea's sec�uiry mieaest Hmmwer saall aLso be�n default if Baaawet,d�g itte —
<br /> Io�agpl�Cation pmcess,Sa�►e materiaIIy faLse�maccwaf�mformarion or�ents ro L�ader(or fm�ed tn�roviQe LRnder witb ' _-
<br /> , . - �- a�t mai�ial mformation) in aana�n wi�th�taan evide�ced bp the Not��ing, but aot limited w. c�taflons . •. _- ' �u
<br /> ' cqnec�ning Bmmwds aa�panry of the Prapeny as a priacipal resfdenr,e.If tbis Seauicy fnsuument is an a�easehoI�:.Borrower .:'�� :.��
<br /> : . sLaII aompiy witD all Uce pmvisians of the Iease.If Borrower acquires fee tide to the Propexty,the Ieaseho2d mcd t�e f�tit�shall ==--
<br />� . aot mage�I�S�.esdrragrecs m the merger ia wiiriag. � '' � -_ .
<br /> ' . . 7.Pt+otes�.un otl.euder's�h�b the PropeeQy. If Bmm�wea fa�7s tu pe�Fc�rn the coves�mis and�ceemeaim caatamed"m . . � .�'_
<br /> . • •. dds Sec�rity tns�amenL ar theae is a Iegat groceeding tAai maY signif�ti7►affett l.eadea's rigAts m We PtoFeny(sacA as a � - ---
<br /> ; , ,. ... pmceed'mg in banluuPuS►.FraDarr�far condemnaaon ar fatfeiaue or to eaafo�ce 1aws�ar reguiatians).th�LEndea may do aud pay :�' ` - -_--
<br /> .. for whate�►er is neeecs�y Gm pmte�the vaWe oY the Ptapeny m�l.endea's rights m 0e Ftopeaty.Ix�der's actions may mclude .. . o - . --
<br /> ifl sams sec�ued a tiQn ve�ich has over this Sec�ri InsorQm ia reasanable . . ;��� `
<br /> PaY S�Y �Y D��Y �Y �t,�8 caa�t,FaymS a ����. :: : ::_ri��
<br /> . .. att�raeys' fees and enteaing an the Ptug�ny to make repai�s.Althongh l.ender may take�.ctiaa mWec this Para�aPh 7.Irndsr � . �::_�,'
<br /> � � does mat dave to do so. � �; � � _ �
<br /> � Any amaimts disbwsed tsy Leader nnder this yarapaph 7 s1�all hecome a�ditioaal debt of Bmmwer secured�yr t6is Sec�ity .. � '_ _
<br /> . 1ns�L UnIESS Boimw�and Leade,r agcee tn otha tesms of yaylaem,these amoimrs sbaU bear intccest f�m tIIe dat^of � � .'�_
<br /> . disbursemea�tat tLe Note raze and sLall be Payab2�witb int�es6 nFon notice from Lendea w B�nroaver�r�g gaym�L � . �:
<br /> , � S.Mo�gage Iasnraac� If Lender reqnired moitgage �s as a condidon of mali�t$e Is�an sr�ed by Wis Secudry � '�'...•�.`.
<br /> 111CtST.1i1
<br /> . : � Instrument, Barmw�shall pay the gremiiums req�ed tn maintain the ma�ge insmusce ia effer,t If.for ttny mason.the .� .
<br />. moitgatge Insarance coveaage required 1sy I.e�der[apses or ceases w be m effecf,Hoaowea shali pay the pr�ipms req�ned m , . �.
<br /> � � oDram wveaage substantialIy equivaleat tn the mmtgage insu�ance previously in effect.at a cast suDstamtialIy equi�alent m the . , . `�,°;;;.
<br /> . � cost ts Bamawcr of the mortgage;n�nsp�nwiousty in effect,from an alu�are maitpge�ns�raer aypmved dy lendca.if �.
<br /> , snbstandalty e+luiva2e�t mott$age insurance caveaage is not availablr.Bonawea sball pay ro Ie�er eac�month a sum eqnal tn •� .
<br /> . ' �f � aaatwelttL of tue yearty mortg�ge insivance pmmium beiag Qaid by Bormwec when the iasurance coverage lapsed or cease0 to . � . _�
<br /> � � be in effect Lendmr will aece�i.nse and ntain th�se payments as a Iosg rn�ve in tie�of mongage iasiaaace.l.oss re,SOrve .
<br /> :.; . .
<br /> � � Form 3028 9/90
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