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<br /> �� ' { pc���odv tltat I.cn�lca•n:r,�ufn�v. 'llic intiuranut�riirrlc�•pn►vldinN Ih�r In.ura�acc,h�dl h��rhu�en Ny N�mn�v�r.uh,�ecl lu Lcndrr` ��- — �
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<br /> -_--- . i�pprnvul tvhlch sh•�11�etu bc uniLtttinnnhly�vit{dmld. II'Ilur�uwr�fuik tu mulninin ro��cr���r dr,�rrlfh'd:ihuvc,I.cndrr nu�y,nt � ___
<br /> �"`'�'• l.ender4 uplli�n,�d�laln tiuv4mgu�u proi�cl Leit�ler�ri�;his In ihr Praparty In uccor�;unre a�ilh��uru�!raiph 7. '' -
<br /> - All inhurunre pnticir�+end nnpwi►1�s lii�l l i x ieccc��u b lc tu Grndcr wtd r hn l l h tc ludo t►r lu n da rd m�u l N+i u r�•i�u���, l.e nd e�• �, �
<br /> — •i� tit�i�tl havc th�right to hatd th..pnlis�ir�;n�d teirewal,, �t'l.t�tttt��+�t�uieiti,Bur��u��•c�'sl�utl pruut}�tiy�;lv�to Lcnder►dl r�rril�i� � �"` --
<br /> Y!�`'`� ��f�udd pr.emium�:un�i rdnt�eal nuii�eti. in Ihe eecnt t►t'lutis,N+}rt�uwe�'shnll t!Iw�pr��mpt nutlru Iu thi iu�urunro rurrl�r uud _ - - _ _.
<br /> ��� _-� Lendt•r. L�•tt�l�r may cir:kc pruuP��P li�sti(f nu1 u�udc pmm��lly hy[i��r�•uwc�. � -
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<br /> �*��� ` Unlcyy I.cn�cr nx�d Hurro�vri•o�hcrwhc i►grer in wrilln�,imur��ncr pr�nrrdti.hidl i�•upplicd�u rr,turuuun ur r►��+uir ni' � • . W,-,.
<br />-- ""�:,..�• � the I'm �rty alumug,e�l, ii Ihc �h1���'nUun ur rcpnir I!1 Cl'OUOOIII'illl�l Pl'1111b1c imd L�udrr` ,rcurUy i, nut Ir�renrd, If thr -
<br /> ����:;,. ' n��tnriu un ur r��pair i, nrn ec�,nnmic;illy tez�sihle ur l.undeek tiei'Nrity wtudd h�� le��rncd.Iho in�urunce prace�d.r• xh��ll I�e .
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<br /> ;,g nppllcd to tl�e hunt��ecurctl hy Ihis Security hlslruntint, wltcthcr ur nut Ihen duc, wlth nny ex��`.rti pnid lu Uurrnwc►', II'
<br /> =_ -- llorro�vcr ub:u�dt�nr•titv Prop�rty, t�r dt��y nnt um�vcr within ill d�iy� u n��llc�� t�rant l.cu�lcr �hn� �h� insurnncr cnrricr luiv �
<br /> -°-�='°';�"�;';.� �, vft�rcd lo sctNc���laim,thcn l.cndcr puq�collccl thu Insurunc� pn�cccds. Lrndcr nu�y usc thr pruccrda tu rrInd�•m'�'es�orc .
<br />`�� tho 1'ro}x:r�y c.r tu pay s��ms s�cturd hy this Sccuriry Instrumcnl.whclhcr ur not thcn duc. 'Thc z0•day puriad will brlsin���h��n �
<br /> ��-,:� � •�. �hc n��dcu iz�tiv�n.
<br /> �-_=��'.;s,'� ` VO�CtiV�..CIICRI'I iUl:1 SOITU1Vl'f lIl�1C�W�tiU il�{fCC �Il �VI'lllll�;, uny upplicution��t'prurcr�l,lu �mu�i��a��a���{ iN�I �nl�itll �1f' -
<br /> =''�� � postpnno the duc date c�f�hc monthly puymen�s rotrneQ tu in puru�raphti 1 und 3 ur chnn�,c thc umount ut'Ihe pnymcnts. II' .
<br /> -� .•:� undcr paragrapfi 21 th�Prope�gy is i�cNulr�d hy l..ender, Nvrruwcr�n�;hl U�uny insurunrc puli�irs and pnnecds resultin�: :.,,
<br /> � " fnmt dama�;e tu th�;Pr�jxrty prinr to Ihc acquitiilic,n shi►II p;iss to LrnQrr tu Ihc cxtciri ut'Ilic sum����uRd hy�hi�Sccurity ,
<br />-- ' •� 1nslrumcnt im;axYii:�tely prior tu thc iic���d�iti��n. ,,�,'
<br /> i� ' b. Occa�pian��; I'res�r�ut3iu�, 41i�intei�i�nce a�nd Prot�ctiun ��f' the i'ropertv: liornn��er'.+ Laun AppUcud��us : ; • �,
<br /> ��, '' D.c��scho!¢35. ltc�n�u����r�hi�ll ucrup��,estahlish.nnd us�thr!'��aE•�ny a�Aorrowrr�princip:d roxidc»cc�vilhin.ixt��d;►y�;►ftue , u��
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<br /> ,.u«,�r�� � � �he e�cuulior� uf thic S►vurity lnst�lmient mni�hnU rmninuc tn ucrupr the I'roperty uv NrnYi��r•�r\4�rin�ipal r�xidcnre fur iu '�<,' '`;';-°`
<br /> �,'`{�.�'�, '�� +�'�i� Iei�st rnc yeae .itt�r thr diuc of �xcupancy, unlrss Lrnd�r ��thrr��•ise i�g�ces in writing. ���hich con�ent .hall nnt bu ;;:t ` ����
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<br />.n�,'`•'i�t�::ti�;�,.,�,,'•;'s; unrc,isanably «•iil�hcl:l.rn•unlcss r�tcnuatin;rireinnx�amce,cxist��hich arn c�yond H��rro�vc�:cantrnl, H��rru�vcr tihull n�u F'r � ,,6,1,,,..-
<br /> .�;��� ': ,'. ''`' destn�}•.di�muge or imp��ir the Prupem•,iillc►�t•the Proy�ert}• ta deterirriue,��r commit��•astr un the Propeit��. Nurrutvice,r•h►�ll (',;; , , �"'.
<br /> '�.`�•`z'` . lx: in�iet:tult if um•fm•fciture uctian or r��ceedinc. ���hether ei��il ar ceiminai),i.Nc�un thiu in Lender\ ���iid t'iiith judpmun� '; , ' ` ,'_-
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<br /> l?J� ',',1' c��t�ld tnsult in fa�ieitum uf thc 1'�•opirl} ar ulh�r�visc m:itcriall}• impair �hc lien crcuRd hy this Sc.uri�y lmtruntt`nt or '��, • `,._
<br /> .i�,��,,,:.� Lrnderk.c�curi�y int�mst. Borm��•er itr,�}•cure�uch a�deftiult nnd minstaiu,i�s prc>vided in p,�m�ri�ph 1 R.by c��using Ihe acti�n -__
<br /> ';',;.i;;;:,:. �+r prc�cccd,nt to t+�;dismi�scii����h a ruling�hiit,i��l.cndcr'ti gooQ ta►ith detenninntion,prcrlu�ics i'or1'ciuire ul'the �iorr�w��r� � . ,-
<br /> ':':;�;,� . intcresl in th4 t'roF;►�y ur osher mntr�•inl impub•nunt uf�ho lirn r�cuted b�� this Srruri�y In��rument or !_r�idcr� ncrurity
<br /> -:s�`:�- _ interest. QarraK•c.r sh;dl alti<� Nc in dci:►ull if F�an�u�vc�. during thc lo;in upplir:ition pn�ccxs. �uvc mntcriully i'ulsa i�r
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<br /> '�.° innccur:itr inf�,nnaci�ai�,r�tatumen�y a.Lendcr l��r t:�ilyd to pravidc l.endcr���ith uny nu�tcriul intonnutiun)in cunncction with
<br /> — ihc luan evlacnrcJ hy Ihe Nuw. includin�. hut nut Nmited tu, rrpresenta►tions c�mrcrnin�: Rurrowrrti uccupainr)� ��f Ihu • : :
<br /> - -.: - P�uperly nr n princi�:�l r�sidcnra 11'�hi,ti�r:ll'lly II1ti1111011`lll 1�QIl il Il`i111'IIt1IlI,Nt�rrc�wcr�;hidl contply �vilh�il)Il�r pruvi�icm� . ' ��
<br /> ' � of th�Irutir. 11'HnrtYn�•cr+icquiitis t'cc tillr tu�hc I'ru�xrty,ihr Iri�,eh�,ld und�hc I'cr iftic,h;ill nai mcrgc unl��+Lrndrr a�;rcu� : Z:--
<br /> -: . .• _ -- tt;ih8 itici�Ic:{n Kriti:i�;� '
<br /> 7. 1'rot��aslun oP I.encler'e NI};htv In the Pt•��pertv, 11' Horr��wrr 1'uil, Iu prrtin•m Ihe r�+vcnauUs und a�mrments
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<br /> ;";' c�►ntnincd in �lii+ ticruril�� Im�rununt. ur �hr�'c i, u Ir�;+d ��ru��rcding �hu� nury �ignifirundy nll'�rt I.endcr� riphl�. in Uiu ,
<br /> � I'tupoi1��I,uch ar�►prnrcrdinp in b,ml�ruplcy,pruhaue, fui�rundcmn�ui�m ur ti,rtci�urc ar tu cnl'urcc I:uv.ur reculutiun.).Ihcn '� ��;
<br /> ,- ---_ Lcndcr may �In ouui pay iur«•nmcvcr iti ncc��,ary iu pn,i«i ti��va�ii���•i'�i�� 1�:��wri� a:�;!l.�a:l;:rk :3gl:s�3r.:!:c•!':t�pen;.
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<br /> . l.und�rl urliunr miy fnrludc piiyin�uny+um��rcwL�l hy:1 fl�it tvltich huti priuJ'ily uvCP Ihlti Srcutity In�trnmm�l,�q�pcurinK . -
<br /> ;�-; in cnurl,payin� rca,unahlc:nturncy��' tec�luul rnt�rin�:un �hr 1'roprn}'tt�tl11tAC YC��i11P�. AIUII�U(!Il I.CI1lIC1'Illil)� tu4.c urtiun ;
<br /> =• undur thiw p:�rcigriipl►?.l.�,n�l�r duc+nul huvr tu du,o. • �
<br /> ,x; Any �m�ount�di�nur.rd hy I.cndrr undcr�hi, pai•ugruph 7 .hall hrcumo udQitiana�l dcM uf Hurrcnvcr .crurud by thiti
<br /> . Security Invlrtui�eni. Unle„Horruwcr amd l.cndcr u�:rrc to uthrr�rrmy uf piiymrnt,theu umuums�hull beur intere�t frc�m ihu . .
<br /> dale uf dl�bur�cnwnt lu the Nolr riilr +md �hull hc pay+ihlc, with int�rext. upcm nutire fr�,m l.ender tu I�orruwcr requc.ting �:., .
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<br /> 8. Murt�La?;�Inxuranca If I.undcr ru��uircd murt�ugr in.urancc us a r��nditiun uf nu�kint: Ihe luun securod hy thiti ��,';:r,.�
<br /> - Sccurity IntiirumenL Ilun•u���er shall �iay thc prcmium, r�Nuired tu maint;iin thr nt��rtgugc intiuranc� in rff�rt. If. tiir any t�,,...;
<br /> ' rca�son. Iho mrnFagc inxur��n�c covcra�!u rc��uircd hy Lcndrr lap,e. �,r rczur; to hr in rtfcct. N��rro�vcr xhall pay Ihc ' ';
<br /> _ prcmiumv rcyuircd to abtain cuvcrn�;c suhxlan�iully rquivulrnt tu thc mi�rtgi�g� in+tu'ance prcviously in offect. iU a ro�t ... ti:'„ •
<br /> - vuhslantinlly� cy�:iti�.s!:m tn dic cua a, t���rr��wrr ut'ihc mortgagr in.uranrc prr�iou,ly in rffcct. 1'r��m an iiUernutc mcu1�u�;� •;y�,,:,_,,
<br /> intiurcr nppruvcd h}�i.cndcr. lt'�uh�iantially cquiv;drnt mun�u�c insur;mcc covcriigc is nul:nail;ifilr,i�i�rrowcr�hall p:ry tu ;•i:�:.;;'
<br /> I.cndcr cach month a uim c��uul tu un�•����rll'th nl'the yairly mor�gagc intiur►mcc prrmium hcing paid hy Hormwer when ihc :;\!ti:�'i..
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<br /> insuranrc cuvcru��I,sp.rd or c�a.rd ta hc in rffec�. Lrndcr wiU acr�pt,u�r wid ret;un thrx p:q monls u�u I����rc�crvc in liuu '.,
<br /> i�f'nu»1gay,c invuran.e. l.o.s i�,rr�•c piq•mm�lti ma) �iu lun�cr hr rcquircd.ul thr apti�m uf I.rndcr. it'nurrtgu�:r inrurunc� i�: ,
<br /> , covcrii�:c tiiz 1h��amount und fur thc periad�h►u Lcndcr rc��uirasi pn,vidc�i hy un insurcr aippruvcd hy I.rnd�r ugain hccumc� ,
<br /> uviiil.�hlc unc,1 is ot�:ainrd.Borrowrr�hull puy ihc prcmiumti rrquirrd tu muintain mortcagr in�urnncc in cl'fcrl.or tu pruvido a ` . ,
<br /> • loss rescrvc, umil tF�rrquircmcnt for mimgii�c in,urancc rnds in accardimrr�rith any wriurn agrccmcnt hrlN�e�n 13urro�vur � .
<br /> imd L.cnct�r ur np,�ll�ablc lu�v. 1
<br /> 9� lutipecelun. I.cndcr ur i�:,�i�:cnt may makc nau�niihle t��:trie, upun and i��sprrlion� ut'�hr Pro��rrly. l.under shall �
<br /> �;ivo Horruwvr n<�ti:�ul Ihc lima ui�ur�riur lu.�n inti�xe�iun�prcil'��in�rca�unaMc c;ui.r tiir ilic in�prrtiun.
<br /> 111. G�ndenmi�Uun. 'fhc pnncrd,uf uny�i�ranl ur rlaim ti,r damagrti.�iirrrt �,r ri,nu��ucntial, in cunnrctiun�ailh uny �'.
<br /> timFlc I�.uud) ..F'nntdc\Inc�MYcddlc 1L�e l'11FI►N�1 IVti I'Rl'Ut:V'1'..1�nda�m('n�rn.m�. 4/VI1 Ip��e�'���f/�P����•�� j �
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