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<br /> .�L:;;'�4��� "�=`� S. Haard or P►v�Cly Insmanoe. Bor�awer shall keep the impmvements now e�usang or her+eafter ere�xed on the ��';.
<br /> �._ �-� p�P¢�Y i�u�aSams�lo�t►Y 5ie,�ar�ds includod witl�m the term"�ded coverage'and any other�uds.including � f:
<br /> r�` r'Y-�" k�' �;��. ;�,�**a*�s.171i.s incnrano�sl�2ll be m2intaiIIed iII the emDetIIts 2�+d for Ihe peiiods -
<br /> :,., . .�. h 8cods or flaoding,for whid►Irwder teq�ces �`
<br /> __ _ ._:s_p:' ma,ran�Caaler m the insuranse s l t a ll b e c h o s e a B o r c o wer s t t bjeR to I�c a d e r'S v a l .F,'':.
<br />" '}::: ';`:'n�: j..,,� thaz Leader�.'Ihe' P � bY �� �� , .
<br /> r :; wbi�h shall not be�reasonably vvitthetd. If Bomower fa�s w ma�aia oovecage described above,ix,ader may. at I.ender s £
<br /> �'`�i�{,� " ``"`''`.€ option,obtam ooveiage w pmtecx Lradec's rights in t�Pmpeaty ia a000�ce with p�h 7. �; .
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<br /> _ - �.:�_e�-s:. AII insorans�policies aa�ieQewals sBall be aoc�►table w Leadec aad shatl inciude a srandard mortgage clause. Lender -
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<br />- - � --- shall itave the rig8i to hold t&e polisaes and�eaeovais.If Leader requires,Boaower s6all pmmptiy give w Leader aIi seceipts of __ --
<br /> � ``�� � '=�';,� pa�d pterniums and�wal notices.In tbe ev�t of loss.Bonowet sball give prompt aotice W the insvraaoe c��ier and Lender.
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<br /> � .:�`� . _'`� Leader may make pmof of Ioss if not made Pro�P�Y bY��p+�- .
<br /> .�-�`=_-�-• Unless I.eudec and�omawer othecaise agcee in writiag,insuiance piaceeds shall be applied to�estoration ar repair of the �.
<br /> _ �-`:.�r':.��;_<. �Y�5�,if the reswratian ar�air is ecoaamically feasi'b!e aad L,eader's se�auity is nut tesseued.If the restoratioa ar �. _
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<br /> -- '�=:-��,�:=-;:: - tepair is not eoonomicaliy feasc'b2e or Leader's seauity wauld be less�ed.the iaguranoe pro c x�t s s h a ll h e apg l i e d to t h e svms ;;:.-�
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<br /> ��''`•'```�:'-:'ii;�-� g�IIICd tijt th18 S2Winjt InS�CIIt.W$�lei Ot IIOt ihCII dIIC.With 2IIy C7tCCS8 p2ld f0 BOItOWCf. If BOIIOwC�211211dQDS th8
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<br /> - : �`-�:�F:�:='.y -^�� Pmperty,or does aot answer whhia 3Q days a notice fmm Leader ti�at the iasuraace carr�er has offered to seute a daim,thea �-�`:��
<br /> _ w��`;y, ;;:``�� Ieuder may wiI�ect the in.�rance�pmcceds. Ixader may use tLe pmceeds w repair or �stoie the Piopary or w pay s�s ;`�'
<br /> `'��::<',.+'; �;:'•.��> by S�y w�exher or not tbm due.The 3 etiod w�l ti Wheu the uotice is �,,,'
<br /> .• ,..s�.�-:,,�,:,�:: secvsed tlus 1ms�umeni. U-daYP � ��- •.�
<br /> .`�=.:,.��`. :.,;.s,��`:s`� UaIess Leasdec aad Bomuw�othetwise agr�e in writmg, a�►aPPl�on of gmceeds to prjacipal shall nnt c�ttd or ?'s:;;:;
<br /> � , a J,° postpoae the dae dffie of the munihlY Payme�refemed w ia paragraghs 1 and 2 os change the amoont of the paym�ta.If uader '��;-;
<br /> �:6- ` '�-•^:-`� p�h.21 tbe PropeiEY � �1��Y �• �Wec's right w any ia�mraace polidcg and gioceeds tesvlting frum =
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<br /> ` .r `— - d�Se���P�S+Prior to the acqais�aon sl�all pass to L�der to t�e ext�t of the s�s s�by this Secnary Instrament
<br /> F� � ;r;. �iatety prIor to the acqmsition. �-:
<br /> �` _°==-. .;... __<�: �w 6.Oo,�,�..,,naacy.P�+�va@on,rM�atnt�aace and Pc+otpe�ion of tRe Propesty;Boieo.we��.s ILoan'A�ppH�sa��on,L��e,a,,s.�ehyold�sy. � '
<br /> - "i1,�:.,,..�i:�..'I 1.f b ilf7+�V��altnYf��,—�.f,-�YTY,�Y�611Y��r���.�}�,�O�w�il$pp������,��s Ww'iW���`$71liFS ltlG G71RAYl��pV�l. ..G:.c`'
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<br />-`:`�;'����`-a`'�-`.�� thB dase of occnpam.y,�tess I�eader othe�vise agrees ia wrifmg,which conseat shall aot be�asonably witf�field,os.untcgs rl.-'.-:
<br /> i V �,� �,�"s,° �g � exist which are beyond Basmwer'8 contml. Bouower•shari�Aot desuoy. damaSe or �Pair the �.
<br /> �- ;�,: PcogenY.allow the Pr+openy uu deteiiotate.or commit ar�te oa tbe pmpeny.Boaavres sball be in defautt if a�r forfeiture �° '
<br /> ;``� �`.s``r`::.-'x ac�ian or pmceed�ag,whether chrll or crhninal.is beg�that in I,eader's good faith jadgmeat could raoIt ia forfeit�e of the
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<br /> .,._;..,;;,:. .:,...;��, cuce sac�a aefanit ana:e,nsrate,ag pmvfaea m pazagrapn ls,b3►�usfag proc�ing
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<br /> t: that. in I.ender's good faifh deoer�on, Pr�eludes forfeIca�of thc Bormwer's intecest in tLe Ptopetty as�o�ter mai�al � r.== -
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<br /> �...:-;. �..,.t;..;:�>.t: impa�meat of the iiea created try this Seiattiry tASa�eat or Lendet's s�nrity iaterest. Boicawer sLaU also be in defaNt if �.�_
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<br /> `'`�=; =:;�.:. :::�;;r: � �r+awea..d�uing the toan appl3t�on pme�ss,gave materialiy false or iaacca�are tmfa�tion or statem�w Leaider(as faited . --
<br /> ;:'° .�.,' .;.',`� ` tn pmvidE Lende�whh�y materlal info�don)in comne�tion whh tUe loan evidence�by tite Note.Iuciading,t�ut aot limtted ---
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<br /> '., , to,rep�sentat�oas concennfag Bamawefs oecap�cy uf the Prupeny as a piiaclpal resideace.If tbia Sec,arIfy Insuumemt is on a =
<br /> ' . ,�, ,. . ,,� . teascbbid. Boriawa sbalt oomp}y wIth all the provisions of the lease. If Borrower acqoires fee titte to the praperty, the .
<br /> ,,. ��':�'' teasehold aud the fee titte st�ali uot merge untess L$nder agcees m txte meiger iu wrIting. • �
<br /> _ �� ,�. ?.Proter�on oY I.ender'.s R�ts fn td�e Pl�vp�y.If Borrowrr faila to perfonn die caveoaats�d agceemeata oantatned in _.
<br /> '__., �'_'_�3,'.•��, t�118 S��I IDS�2Qt.OT t11CiC�S 8 IC$81 pIOC�CC�II$tb2t n13}►SIgA�$CBrit�j►�CL'�LRIIdB['S�18�II tbC ptOPCiiY(St1Ca18$8
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<br /> +,: •• :" ,,,f:�. ia b . bate..for camde�on os fosfeitsue or w enforce lawa or=egutations).thea Leader may dD and —
<br /> �.,�:• ..,,.,_-•... ..; Pmceediag anl�uP�Y 1�
<br /> �'`_.:``:;:, ::�,,� PaY Sor whatevet is aeeessaty to pmte�t ttte vaitt�of the Pmpeity and LaWer's sIgAts in tas Pcopaty. I�tder's acBans may
<br /> :;r ,;. . . inc�nde Paylug aaY.snma see�ued.by a liea wLlch has prtorlry over this Secmdry Ins�e�. appe�Ing in ooutt, Paying .-
<br /> ... ,.,� ....__�,:::`�:; reasanaDle attomeys'fees aad eaterhrg an the Pcopetcy w make tepal�s.Although LEader may tat�e acti�s4�mdet tWa paragtaph _
<br /> � '�•�' 7,�QClQOCSIIQtb81f8tPd080. , . . -
<br /> -`r.s'.`°f-,,;:',_` � . �Is►Y•a�nomus disbu�sed by Ixnder under tbis Daragrapb 7 sbaU become additionai debt of Bomaarer seaued by tl�s
<br /> `_�°;:'`;'��•,.Y.�.;' � ' Securiry insamment:Unie�Bonower aad Lewder agree co other t�erms of payrment,�ese amoants sball beas iaterest from the� � .
<br /> ;';�':�,:��;`.;;:. dare of disbaesement at the Note rate and sHa11 b�payable,with incemst.upon nadee from Lender to Bormwer sec�uesdng __
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<br /> �-` r:��',��:.;"; : . . 8.Mortgege�s�anee.�f Leader reqal:ed ma:tgage iasuta�ce as a conditton of makiag the Ia�secared by�is B�itY
<br /> '.`'�;,'�..•,.;���� ,; Iasr�ument,Borrawer sLatl�ray the preminms�quired to mafatain the a�ongage iasaraace�a eff�[. I�for atry rasan.flie , . --
<br /> , : � , . � smortgage�ce caverage requi�ed 69 LenQer�apses�.ceases co be ia effe�x.Bormwer shall pay the premiama te4atr+ed W .
<br /> •.` -�1 � obtab eaverage sabstaadaUy eq�ivalens w the ma�tgage�ce psevlonsly in effea,at m cost sabsm�lly cqai�ie�e�t w the�
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<br /> . ,. >;�.,� �st w Botmw�r of the mortgage�asamnce p�viously ia.effe�t. fsum�atternate mort�ge iasufeR appmve0 by Lettder. IY . _
<br /> '''-���,'�.;°�,: � sabstaatiatiy eqoinaleAt mong�ge iasaraaee cavetage ia not available.Bormwer sha11 pay to U�nder e�mentL a sam�aat w —
<br /> _ _ _::;:..�c:• �.�„elfth.of the ye�iy mongage i�ace yseminm 6emB PaW b}►Eonnwer wheu me�s�u�Ce aoverage laps�ar c�d w
<br /> . : •s:,,<::::' � be in effe�t.Leades wiU accept,nse aad r�a these paym�ts as a loss resenre ia lieu of mort$age insntanee. Losa resetve. �
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