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<br /> 4 �,p[Op!!iy ItISOttiQ�i11Kt lOSS�fy�ItE:�t�S�Mht�R aIC.i�F��LA��D�E���O��lG[�S.,�IC�;: �
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<br /> tdat Lrnder tequ�res.The inwrraoe earcier providi.ag d�e ias�uaace shatt'be chqseo by BorrAvYer subjecc_co[�'s rpproi►�1 .. ,
<br /> . .which shalt uot 6e u�anabty witht►eld. If Biosrow�fa75 to�nainianr coueiage.desay'bed above..I�oder a�Y•at i.ades`s . °` ,.
<br /> ap�ion,obta�coverage to protect La�der's rights in t6e Pmperty in a�e wi8s.p�aragra�7•� � ' . � . .
<br /> A11 inwr�nce pdicies and rentwats s6�i1 be aoxpta6le w Irndtir and sb�li eficR�e a�d�aart�a$e claus�e.I.ea�lu
<br /> shatt havt d�e agLt ta�Oid�e poFx�es an�neaewais.•;fl�eiper�eq�eites�Born�u sha11 P��Y 8�to Le7ader a11 reoei'p�s of .
<br /> - - - ° �:F�P��a�d nmea��.ta the evau af Ia�.�Ba�w�sfirsfT-�giva prompc�sice taibe-i�anoe car�ier�`tendeE - ' `_-
<br /> imder a�ay�e pnoof otloss if aa md�pr�tly by Borrowa. �. . ' , t; . ,
<br /> — Untess t�ender and Boimwer odze�aise,�in�nS•`�Pmceeds sbail be'applied te n�raaon or npair of tbe �
<br /> �P�Y�'a-if tbe ctsioratioa or zepsir is eaonoatiqlly Feas�bie aod La�der's sec�icY is not t�ssenod.If cbe ceuora[ion or . .
<br /> _' . tepoir is noCeooaa�ricaII�r fe�s�sle a�ix�der's savtity�uW be kssmdl,thc:i�ranoe proceeds sb�l�e appii�'w tb�suas
<br /> securea by diis Secarit�r i�,wbeti�er or not_then dde. witb any exc�ss paid co Bacmwer. If E+�awu�ons tbe '
<br /> Property.or does aot ariswdr within3Qdays a.aotioe fibm Isader d�t tb�insuraax cazrier 1�offeced to settle a dainn.tbea � . .
<br /> — _ Lender�may�ol�eet�e ia�tanoe procads- 1�der map dse tbe pcooeeds tn.hpait or restoze the Pmpeity or to pap suais . • .
<br /> �- — � saau�a ey mis socority r�uwnent.wl,a6er qi noc d�m aue.Tde 3�day pddad w�t 6egin wheu the aot;ce is$iven. -
<br /> Uqless isnda and 8ors+�wrr atheew�se aS����8, �Y aPP���P�s to principal shaU mc extend ot � `
<br /> . postpoae the due d�te of t6e monthiY 1�Y�referred w iu puagraptrs 1 abd 2 or c�'nge the amobnt of tix paymeats. If. . ,
<br />:��.�. uader p�ragtip6 21 t6e Pjop�xty is aoquined by Lender.Botcowda aght w aay in�uaaFe polic.ies a�p�a000ds�esufaa��rOn►' ,�
<br /> : '�to the ProQesty Prim'to tbe soqnigition s6afl,pa,ss to Lmdeir ta tbe exteat of tlrt sams sa�vned by tdis Secuciry in�n�� '
<br /> _ �Y pttn to tbe aoqt�t�op. '
<br /> ' 6.Uca�p�ey.Pt�a�atips+M�atem�noe a�d Pt�ectio�a[ttie Prape:ty,Boer+q�ra's I,o�Apptiauba;t.aselwlds. , .
<br /> `�� Bo�mwer s6�ll'a�xvpy.espbTish.and use t6e Prope�ty as BortawKt's priacip�l nsida�oe within sixty days aftes thc exe�on of
<br /> - dus Security I�mert aad sLaii co�nirwe to acaipy the Prope�ty a9 Bomawar's priacipal reside�oe far 8t Irast oaa ypr after �
<br /> � t6e�te of apcap�rey.imless l�ender otherwise agras in ariang,which co�t shal!mt 6e nareasonabiy withhiid.or unless �
<br /> . � eateaua�ag_a�nves�e�ist wh�di are beyoM Bocmaer's oorucol. Borrower sbaU twt�destmy. daarage or im�air�tbe. _=-
<br /> � ° ,Ptepeny.�llova tbe Pmpaty to de�eciorate.or oommit waste on tbe Ponperty. Botiower stisp be�n defaulf�mry_forfeitut�e � - - --
<br /> � ,�:.,, , a�xioa Qr pmoeediag.wbettier civil or cdminal.is begun d�at ia l.et�der's goal faith jadgment euuW nsult in forFamne of tbe _
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<br /> r� . prqie�ty ar et6e�wise a�eria[ty i�e�air tbe lipt Ctieated by this Seauity I�o�or Lender s secmItq iaDe�est.Bot:ua�er nlay -- --_
<br /> _ °`���`"�-s"��= aue_soch a daEoalt aad':eiu�oe.as pmvided ia paeag�apb 18.bY caasin$tAe acdoa or p�ooeeding m be�v�rith a�uliag • �;:�.-,
<br /> - ,,,..._.��.� � — --
<br />- tmt.ia 1.ender's good ffit6�, P�ades forteituie of tbe Bornawer's i�aec�st in d�e P�+uperty.or othu caaoeQai —.--�
<br /> - �� impirmeut of tbe lien ce�atad b3►duis Sa�ricY Inatnmoent or L�eodu's saataty inte�est Borrowa slnA also be in default if -
<br /> r _...{.,•:_ . Bornawa.�d�e lom applkation pcooess.gave.materially faise or i�acauate infoimatioa or�w L,ender(or faUod ���
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<br /> to pmvde I.eMer vrith aaq m�teeial infom�tion)in oonnecfion with tbe loau evidenood by ttte Note;�nctuding.6ut not limitad —_
<br /> - �ss�:t�-�Y#c��� w.nept�eseru�tioag conoeming Bortower's ooqrpaa�y of tde Pnope�cy as a pciucipal tesideooe.If dris Savrity L�raau is oa a ��°--.R.-
<br /> � •n�s�-,: Wl1$SII 1�lS Offi OP lIIC IEaSC. U BOTtOWK �iE h�E W t�C �1C ---�-R`--=-"'
<br /> =�, �leaseljuid. Borrower afwU oo�nP1Y P��� �N� �n3`• -
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<br /> ;,-•r- _s:�f: leasebold aod�be fa dtle shall rwt merge aaless�.eoder agtees w the merger ia wriang. -
<br /> _ i ` :,y� 7 Plntactlon ot Lmder's�in tbe Propeety.If Bo�rower fails oo perfoim the cove�nts and agrammts contained ip �f'
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<br /> µ. ��-" ..:�` paoceed;ng in banbuptcy.probate.fot condeWaaaon or forfeiture or w eaforce laws or ngulatioac).tAen I,et�der may do and =
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<br /> :��, r pay for whatever is rte�essary w pmtea the value of t6e Aropercy and L�ender's ngius in the Property. L.ender's actions maY , �
<br /> �`y:;`:'`�1 . �� P�i'�n$ �Y suma secured by a lien ahich has priority ovu thls SecuritY �• aPP�B P� S
<br /> i� couis. n ';�.
<br /> ie aao s'Pas and enteii on dte Pro to make .Attho Lender may take aaton u�er tdis paiagraph �.' . _ .
<br /> .t .+. ;��;' reasonab mey p8 P�Y � �
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<br />_ -:�'.�:.,:. .:.__ .., 7.L,eader does not have to do so. . . - . , ' :
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<br /> :::,4" . °�" Aay aa�mts dfisbursed by Lender under this P�S�Ph 7 shaii becomc addidona! debt of Borrower secured by this f �
<br />- . � � 5ecuiity Iagtnunent. Unlas Borrawer a�sd Lender agree to qther terms of payment.these amounts shaU bear intenst from d�e �a;
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<br /> , ::'�� ,� . . date of disbu�semetu at the �iote tate and shall be payable. with interest. upon_notice from Lendec to Botrower requesring . -
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<br /> •� `�::`'� � 8.Mort�ge b�wr�nce.If Lender requirod mortgage insuratue as a condition of making the loan secured by this Sepirity
<br /> � � �..,... ... . �
<br /> _ - i�pumem: Borrower siralt pay the premiums teqained w mait�a�in the moag�ge insurance in effxt. If� for any reason. the � .= ;,.
<br />- °` � � :.4:,,. , mo�ge insurance coverage requitod by Lend�lapses or opses to be in effect.Borrower shall pay the premiumc mquired to. ~��'
<br /> ':;;:,`.-� • obtait�coverago substandally equYvalent to the mortgage insutance previousIy in effect.at a cost substansiall}equivalent w the 1:. ',
<br /> _ ' ":� ' ' oost to Bomower of the mortgage insurance previously in effect. from an atterrwte mortgage insurer approved by Lender. if �`,_� - - .
<br /> �- - suDstamially equivalem mortgage insurance covernge is not available.Bormwer sha11 pay to 4nder each morth�sum�uat to ---�
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<br /> •�: �-< one•twelfth of tfie e.vly mortgage insurance remium bei d b Borrower when the insurance covera e la or cea.ged to
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<br />- �;r:,..�4•,;;'.. be in effect.Lender aiit accept.use and retain these payments as a foss n�serve in 13eu of mortgage insurance. Lass reserve ';_ . ... _
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