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<br /> _ a_F-<-:=�F;�� 5 Haaari�or Yto�ty i�enc� Bmmwer sha41 keep the impruvemeats notiv exisang or h�after ereded on dte €-
<br />:°.,`;�'`:`�``°:�` `�A�Y����Y fue.ba7ards indnded within the teim 'euended ooveiage'and aay other ha�ards.indad'mg _
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<br /> -`� ° �;"�.;: 800ds or ftooding,for whicL Lender reqniies iosutance.T1vs instu'�toe s}�1 be mau�leined in the a*r+n�m�aud fOr f�e(sesiads -
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<br /> A �. � �- ihat Ixndes requires.'19;e iasutgnee c�rier pmviding the ias�uaaoe shall 6e chosea by Borrowes sabject w Leader's agpraval
<br /> : �;;�';.`�r.�.�� whidt shail.nnt be aareasotra(iIy witbadd. If Bonawer fa7s to maintain wverage desrn'bad abme, L.e�r.m�►y,at I.eader's -
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<br />_` .�'.p:�:-�;,,";:i; aption,obtain oaveaage w protect Leuder's aghts in the Prape�rty in�000rdance with pazagraph?. �
<br /> - ,`:�-. Al!i�policies aud renearals shalt 6e aac�tab2e w Lander and shatl itulude a stan�d mortg�ge dause. Leader E
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<br /> �� ,`.°�, sha11 have the right to tiold the policies and r�avats.If Ix�der ieqtnre.s,Bortawet shali PmmptlY give w Lend$c all rooe3pts of . `
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<br /> •� a::�:<��: P�P�aad reaewa!notices.Ia the event of loss.Boaoarer sHall g'rve pmmpt notioe to the insaranoe carrier agd I.�der. , -
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<br /> ,.; . . _ .;t Lmder may ma[ce pmof of loss i8 not m�de Pm�P�Y�Y Bamawer. -
<br /> ,��z�:",�¢� ` Uatess I�d�ana Boaower ot6ezwise ag�ee in writing,iasn�uoe prooeeds shall be applied m�stuiation or m�of the _
<br /> ��:�.��, Pmgelty damaged,if the�estoraiion or repair is eaoffi�calty feasil�te�d L�der's seauity is not tesseued.lf the�storau�or °
<br />__,-�-._}�_ �r is aot eoonomicalIy fe�Ie or Lender's secnrity wouId be i�d,tke ias�naaoe proceeds s6aII b�appIied to the snms =
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<br /> . ::° r':•:rv�: gEQii��jl tL14 SCqlTlij► InS�IUID�t.WLCt�lCf OT IIOI t�l�l dliC.W1tIl BDj/C7[OC.''S�tD BO![I3WCi If BaINW2T�OIIS fLC _
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<br />., .4r,'.��.:' ' �;`.;1: �P�Y,or does noi answer wit6in 30 days a notice fimrm iender thai the ins�ranee carrier Las aff�red to seu2e a daim,thea � _
<br />° ':'`. '•> �.:�F Leades may anitert the insmanoe��nc�eds. Ieadec may a5e the prooeeds to�►sir or�stose ttte�Pmperty or ro pay sams
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<br /> �= . so�a by m�s�ns►r�,���en��.T6e 30-dag period w�71 begin when t6e antice is givea.
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<br /> �•;'�'-�.�`' �` Un2�.s,Leader.�d Bo:mwer otherwise sg�ee ia wr�g. aaY aFAlication of ptocreds tu priacepai s6afi aai eatffid ar
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<br /> t...:: 4'`. . p.os�one 8�e dae da0e a�the mo�ily paymc�ts tef�t�d W in parage�hs 1 and 2 or chmuge the amuura u£the�ymeats..If
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<br /> k•.';�-`.,._ rt�±. Q�d?T Q8tSg[�I ZI fjiC PIU�ClIjI I5�dji�s BOZlIfWCr'S!(g�t tlT 8��j70rICICS BIIt��OCC�S ICS�11Ilg fI0L1 .
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<br /> '��,�� �� :�":�` b.t?ecupancy,P�vatioQ,Maiat�auoe and Peote�l�of Hse Pr�;Sormwe�s Loan Agpi�tion;I.�ptds.
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<br />'`7"`";'•'`'` �� �oma�v�shaU o �opaty as Bortuwer's ptincapal�ce a+it�in sixty days aRer the execatian of
<br /> ° '�:��,':; � �PY.esiablish.mW ase dte
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<br /> ''��-,`-,". ` the date of�.y,antess I.end�other�uLs$agt+ees in wrIting.wLicB aonsent shalt aoi be�so�bly wi�d.or anless
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<br />`- '"°'�' C�dtitl!ffit�CE'S C]IISt•W�ffi'8 bCy�BOIIdwCE'S �OIII[i)1. BOIIOWCt' S1YLI1 UOt d¢B�Oy, �C OT IIIt�'dtt�tB .
<br /> '"';"" � . ' YmpeRy.altow tke�W deter�or¢te.or oor�t waste ou the�operty.Hormwe,r sLaU 6e in default if suy fosfeitare
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<br />- . � n.•::,- thB 8Ct�0II OI t0 6C di�d Wuh 8 li1�11$ .
<br /> '_.�_•�;':...�;.>-. -_ . co�e snd�a defaaIt and seaustazs.as pravlded�a p�raph 18,bl►�S P��S
<br /> - -- ' " dmt, m L�der's good faith determ�aation.P�lad�fo:feitare of the 8ormwer's imec+ese ia d+e PmPeitY er ot�"ma�at .
<br /> 4=�D��:.,�: impaumeat af tbe lian creat�d by this Sec�Ity Insuameat or I,ender's�ty i�st.$omnwer shaU atso.be in default if .
<br /> r� �,; ° ; . �B�rower.during the toan appltcastoa pmcess,gave mate�iaity false o:inaoc�rate�nfp:mation or stafements to�.(os fa�ted
<br /> a'� r�a ,,� � �W pravId'e Leader witt�any material iafo�tion)ia oomm�c;don wIth the toan evideqced�by the Nota,iacludia&.6at noi l�m3ted ' .
<br />� ''.�`>,��,,,� . 'W.reps�qr�s eoaooi�ttg Boimwer'g aocapancy of thc Pt�apcatjr av a priad�i,r,esidem�.If thfia Secaori�ty I�oru�i is oa's� .
<br /> -y�°--.,o,��.�-� .leasebaid.,Bon+awea sltaU aatnply a+ith all the gmvisFon4 of ttee lease. If So:mwer acquties feE title tio the Pi+ppe,r�y. me �
<br /> ;--�'�'��� � � Ieasehold aad the fa tide sball not tne�ge unless I.ender a�rees to the mergea in writiag:, ' , .. '
<br /> --- _ — . 7.Pr+otec8on otl.�tder's Rights fn the Ptope�rly:IY Borrower faits to pe,�oua the cave�anRS a�a�oo�aiued In • .
<br /> -- ---====_- .. tLis S�iicy��,oz d�ae is.a Iegal F�ffi��Y��uY a��L�dea's r�g�ts in dte Ftopert�►{such as a �
<br /> __ --. . . : : L��$��P�:t��bate.frn coade�naatton ar foifeitimce or W c�afo�e i�vs or�tfation4),theen�I�euder may dn aad
<br /> �_�_--�"�"'� . pa}r.for whatever is peccssary.w proteot tlie vatae of the Propecty aad Le�der's rights in the P�ope.rty.Lender's actians may �
<br /> _—--- . . . IncIade pay3�►g any sroms secu�d by a 1Ieo whlcb 6as pr�oiity aver diis $ecw'�itY Ius�t, �rPearlag in wurt. payja$
<br /> ---_-- � reasonable:euoxneys'fe�and ea�rin$on the Pr+npeety�w make reQaias.Altt�ugh Leader may�take actioa mider ti�is par�h� � '
<br /> 9,Lender daes aot b�va w do so. � � . . . . ,
<br /> Auy amanaia disbtas�d b7►Lender mider thia parag�aph 7 ahall 6ecome addidonal debt of Baii�ower sa�ned by•@ds ' . ,
<br /> . , Secutity iastma�fut.Uat6s Hormwer sud Leader agrae W otber tenns of Daymi�t,these mno�mta shall.be�'intes�t fram the .
<br /> . : ctate o8 dlsbuis$�ment at t�Nate rata aad shat!be gay$b2e. vrith inter�st;upoa notiaa fmm i.eudr,r ta Boesower reqti�
<br /> �1Vlortg�ge 1ns�an4e.lf lender�mortgage ingnranoe as a obndit�on af making We toau secdre�by this S�curIry
<br /> . ��+��±*,- 8oaawer slrall pay the pr�aas tequh�d to mainta�n We mortgage iasueance in,effect.If.for aoy��flu.We
<br /> �mongage�ce oove�ege requi�9 bY Leader lapses or oeases co be in effect,$omrwer aLall pay t6e p�adums�eqainad w
<br /> . �obtaip coverage sabstaatiailY�qaivateut to�tLe mortga$e insazmuoe prevlousty in effect,ai a eost aubstantisalty eqnivaleat.to t]te �.
<br /> cqst to Bam�wer of tlts moit$age insaeance previonaly�in e�Ct.from aa alte�e mditgage insurer appiov�d 63!L�esWer.If
<br /> L�=- - . snbssaetiaity gqnivalent mortgage iasuramce cavera$e is not a'vailab2e,Borrower s6aU�VaY to�1.aider each momb a svm.�aat w
<br /> ----_ •one�tweifth o�the.Year�3►moagage insuranre premimabeia$pa�d 6y,Bormw�r wheu the insurance oavelaga.lapsed or ceased to .
<br /> bo in effect.Lender wU acaeps�ose sAd retai»d�ese�ayments as a toss r�setve in tieu of martgag� ias�itca: Lcss:reserve
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