- .�__z�;: `' . . �1 _ - — - — — - _- -... _
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<br /> . • . . 99° ������ _
<br /> - � `� ` 3.Hazardl or�roF2�8Y E��Yance. So�rocrct shali kc..^p thc imp4ovcmcnu now caistin�or h;:r�aftzr crcrzcd un th�Propsny
<br /> insured aga�sst loss by fue.La�sds i��luded critSlia the tsam"eAtcndcd coveru�e" and eny mlltcr Aaa.urds. ir.cfuding �10��or
<br /> � � fl�ing,for whish Lender requires insirsanrc.Th�s insvr�trR shail ba m�ins�insd in th�rsaaunts nnd far tt�{�criBdg��t Lcmdcr
<br /> �� requues.'Ihe u�surance cairiea praviding tice ins��e shall be ch�sen by Bcirowea slbjec�t tu Lend�"s upp�val wAict�shall rtot
<br /> .� �e
<br /> Ise unreasoaably withhel�. If B��roa�er faiLs to maaitain coverage deuaibed a�ove. LendEr may.nt Lcntier'g aptifln.obtaQe
<br /> . , , ,.� co�reaage m pn°tect i.e�dea's�ights in ths Propert)+in accordance with patagraPh 7.
<br /> All msma�se policies aied reuewals shall be accep�le tn Lemdea and shaSl indude a smndard mortgage clause.LEndra sball
<br /> � � � have th.e right to hold the po�iaes and re�s.ewaLs.If Lendr,r recluue.s.Borrower shall promptly give tA I.end�r aU re�eeipTS of paid
<br /> , psemiums aad m.aewal noiices.In the event of Ioss,Baaower shall give p�ompt noiice to the insurance ca�ri�r and LEndes.i�euder
<br /> - �.� may aQake preaf of loss if nai mads promptIy by Bonower. �be agpliai w reswrarion or r�gair of the .
<br /> � ._�-;-�, _. Unless Len�ra and Bmrower otheawiss agree m wrriring,insura�tcz Proc�S .
<br /> . � ' -:•:� pmpe�ty da�a$�eti„if ch�resmratifln or rep�a�s eoasemicaliy feasib2e Pad Lemder's sec�uity is not tessa�l.If thc rest�rat'sgn os
<br /> . regair is uot ecosuT�:�:lly feas�b2s or I..e�d�'s s-x�.�Y wonld tse lessac$d,the insuiance proce�ds sb.aII bs a�plied to the sums
<br /> � � d • - _
<br /> sea+���y this S�Y Insirum�t,w�ar r�r�:�ea� �t�, with zny access paid to Boaowe,r. Ef�usmwer aba�dons Ihe
<br /> ` . �. gro�.-�.ar daxs smt anssver wFS�?n 3fl days a�L_.w.&am L��t�r2t the ins�uance caaiea has offe.r��s�a c:a�e,then _-
<br /> • . .� w or�t�$Pcogrsty or m pdy��� _
<br /> t.�►a��ay collect the insurance�SCac..�s.I.�'.�.�3ay ase�:�s �
<br /> ' � by this Secm�ity Inso�vmenl.whet�er or aot ti���1t�e 30-dG";�;.d c:��n rrhen t4:a�r,i�is gieea. -'
<br /> � Un2ess Lend�and Bc�AOwer otheawise agrae�wri�nB,�►Y apPtic���f psocceds w�zmcipal s�aII�.^..I extEad ar po�guaz �.•,-
<br /> '... . tP�e due date af the montbly gaymsms refeared tD'u►�agraphs 1 and 2 ar change the amn.�.t of thx gay�u�.If under ga�agrapi� �=-
<br /> • . 21 the Fropaaty is acquued bY Ex�dra,Baaowea's right to any in.s�uance polisies aasfl y�xeds�3 fr�sp�-=8e t�the
<br /> .y. ' z m the acquis:tia� �5:1 gass to I.endra tn the eu�t of the sums sec�ue�d tp this Seciuity Instnnnena�-�d��:ely �;�._
<br /> . �a�""'�Y P� �-
<br /> � . g�rn the rsqaisirion. �
<br /> 6.Occaganc9,Preservatia'r�Matr.IIenaace sad Proiectioa of ttte Pra�; Borrower's l.oan A..F�cation;�tfl� �:--
<br /> ' ��er sh2ll occaPY,establi.�,aad use the Praperty as BouowFa's principal m.�deace withim snctY daps aftea tha e.�oa cY �::�.
<br />. �f;�.�_ � ' 6-
<br /> . .,,.'+,:.�: �.� `T,^..-�sxaity Ins�ument and s�:�CC c:ntinue m accupy thc Pra�►as Boaower's principal residance for at least aas�:.sr��r tne -
<br /> �.,���a , �-:
<br /> � ';i"����„-=-.� �r�.e xc�ccy,an2� L�.-�. �aw'sse°gs�s ��'�'�, �hi,h consent shall c..:��e uareasonablY wi4.-W.��un.ess __
<br /> ex��raiin8 aacumstances exist G.�'._:�ace beyerd Borrowea's wntroL Barrowes sLall ac•,11�'�oY,damage a;s���lh��+n�eaty. �--
<br /> ' ailocv the Prop�ty to deieainr�.cr co�.c a�'w on the progeaty.Boaower shall ba ia defau�t if�.;fcrfeimra acc�an ar =,--
<br /> , �. �r.�ing,whether civ�or crii^^� is�e�dna:ia l.ender's good faith,r��ent ce�:esvlt in fa�L'-�t�..-s of the PropeatY ar _^
<br /> cri^
<br /> - � c•:r�ise matelia]ly iuipair d�L..�cs ra:ed r:i*-s Security�,n..stnuxent ar I.�der's s��"sate�-.�sr�wer may c�re such a �
<br /> ` :��.� �. ,. � .ra �..�.a 18,bY�.�the acafln ar pr����=��-.:�3 vuitb a r�8 d��1,� -
<br /> . ...,,,•� �,c�t and reinstate►as Fmti�u }S" �`'" � �.
<br /> � `' '� � L��rs's gaod faiE��.eierr'lT"�-:Y,- �xi�te5 fT'`-'�of tha�oimwea's ac:.�.�Y i�cl:�?�Y����r�ateaial i��aent�
<br /> � . ° _ , intraes�.P�:w-��s�w=�t�e in c'�:�2�:Bonc�a.:;ring� . _
<br /> ' '' �:a liea►oreatad hg�S��:.:szn�t�i c�::,a��er s se�aity
<br /> . ;,.;ti•. i��plica3ion prs�,,.�,ga�:..�.�:�3Tly fa,s:o=i:�x�"��annation ar�t��:3 T,�a�er(ar�:�n ytovi4�a I.�,.�ex��
<br /> . �
<br /> ;.''?r�::'' � �.�,y yp�iel iAfOmIStIOD) iA oG�m.��0i7 w�..'' L'�w a:a e�izt�:ed by the Note,ir�cL-v�'s�.,bnt not limit�ta.r�.�.-`�tions
<br /> "�4 cano�c•ing Bonawea's�ccup��..�t���e Prc;a�y as a gr�s�1 residence.If this Seanri.y I�strummr,nt is on a lra:,�:usi�,.Parmwsr .
<br /> . shnll comply aith all the grovisions of the 1�:.If Bamo�ver arquires fea dtle tn the P.aN�r,the t�selioid sa�4'�e f�tide shall
<br /> . • not crteage unless L�nder ag�ees to the merger in a�g.
<br /> ' • 7.Protection af Lender's itights in the PwpertY. If Borrowe�fa�s ro perfaim the cove,nants end a�ts cantairnd in
<br /> thLs 3ecurity lnstmmenl,or thera is a legal proceed�g that may signifcca�sdy affect I,endca's rights in the Progerty (s�c4�as a
<br /> . .„'.. " proc�iAB in�anlwptcy,�obate.for wndemnation or forfeiUU$or m enfance laws or reguSatioas).then I.ender may do and AaY
<br /> ' � far whatever is aece�asy►tn grotect the value of the Praperty and Le�tder's rigint�in the Propeaty.L�exider's aqions may includo
<br /> ' PaY�B�Y sums securEd by a lien which h�s grioriry over this Security Iasuumant� a�pearin8 in Conrt,PaYinS �o�able
<br /> _: "�..�. .�, ' auolneys' fee�s snd ea►terng an the Ptiopeay w malce repaits.Although Lender may take action unda this Qarag,t�ph�.d�endes
<br /> ;.:. . ._
<br /> --° r � - does nat have to do so.
<br /> °'",.,`"`.� �':` pny amnunts disbursed by I�der uader this pa�agraPb 7 st�all become additional debi of Harrow�a secured by ebis Securiry
<br /> -.- - . Ins�ument Unle.ss Bormwer and I�dri agree to other tams of payrtient,these auiovnts shall bear interest fcam tha date af
<br /> _ � - dfisbwseirceat at tJae Note rate an�s6a11 be payable.with intrrest.aWn notice from Lead�to Borrow�requ��paymenL
<br /> �° 8.Mortgage iasvrarn�r. If Lender re�uired mortgege�v�ance aq a condition of maldnS the iaan seaued by tt�is Sec►Qiry -
<br /> ���f.•�.��' In�nuneat, Borrow�r shall DaY nYe pse�niums rerluired rfl r�ai�atain the mo�tg,age insarance in effeM. If,for any ieasan.the
<br /> �..�_ . m o rt g�e i n smaaee cav e r a ge r e quiied bl►Lender laRses ae a.,�s w be in effect.Borrower shall pay the pr�niums nqnirad to
<br /> ;.:���.n', �. abtain coverage substantia]ly ec,uivalem tfl the mortgagc i.:,-�:ce qreviovsly in e ffea.at a w s t su b s t a a ti a]l Y a l u i v a l e n t w t h e
<br /> .. -• o o s t t o B o n ower of tha m o r t g�ge ins�u^u.�,previausly in effert.fram an altemate mnrtgage insurea appmved by Lander.If
<br /> .- .._.. suhsranvaltY ecluivalent mortgaga insur�s�ar.��age is nat available.lBanower s h a ll paY to L en der eac h m u n t h a s u m e q u a l r�
<br /> " . � an�t we l f t h o f t h e y e a rl y m o r t g a„e in.��ar-���reanium being paid by Bmrower vihsn the insuranoe cov�age iapscd or ceased tm —
<br /> . . , . be in effe�t.Lendea will.aa��si,use r�d:-y'�in th�e payments as a loss r�e in lieu of mortgage insmaace. Loss r�rct
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<br /> � Form 8�28 91sfl
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