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<br /> �+1.:; -`;r���rawx.�nn ><f!::.. . _ r,.t.� t >-;,, " ;. a t�__=�-�e�r��
<br /> - S1�7s�f'. '..:'fi aroY' y,s`--- .,,_ ., . __ -
<br /> . �� : 99� �.��!� ----
<br /> , pulat�ttui Lcndsr rcquiroa. 'fho Imurancp cartiet provlding the Insumnce sh¢II bo chasen by flortmeer su6Jea�o Lenderb
<br /> npproval which shatl not ba nnrcasonabty wl�Aheld. If Bottowcr foil.s to maimein covcr�ge descri0ed ebnre,l.ender may,m
<br /> L.ender§oqton,oMain coverego to protut LenderH dghte ln�he Propeny In nccordanw�rith paragraph 7.
<br /> --'---� AII Inturance policies nnd rcnewala shail bo occcpt�ble lo i.cnder and shall Inciud;.a s�v�daN mangny�e cleuse. I.ender ---- -- - ---- - -
<br /> shill have tho dght to hold�ha{+ollcice and renewab. If l.e'ultr«qulms,Rotrox•cr shall prompdy givo l0 4ender all rcccip�v �--
<br /> of palA prcmlums end rene+v�l noUm�. fn�he evenl of Iws,florte�wer slull gire promyt notla�o the insurmee earder¢nd
<br /> 4end:r. 4ender may matc proof of lacv It not madc promptly by florco���er. ,r�,p�r�
<br /> � Unles�landcr and Rorto�vcr othcnvisc agrcc in wdiiqg,inswantt�roceeAi shall b:npplled to resiomtlon or Rpal�nf
<br /> -- the£r�+p.rty damaged,if Iha tattor��lun or rcpalr is cconomlc�lly feas{ble ond land:�9 ra'udiy le not Iexse�A• If the - ---
<br /> _ - - nslontlo�or npalr If Iu+l economically feasfble or I.enderk cecnd�y woulA be kxceneA. �he Inwrance Pnxcedi shsll 6e - - , -_
<br /> appiletl to Ila suntr securod 6y this Swadty Incimnxm.�vhe�her or noi ihcn dua �xi�h any czccR�pald �o-flnvower. If _ - --
<br /> _ Oortox•er abanAon�ihe Propeny, or Anes na anioer �vi�hin 30 drys a nmicc from I.�ndcr�hat �6c Insursncc curisr hu ___
<br /> _ ottercd lo unle a ciaim,ihea lender m�y colleci the incura�ice proceedv. l.endrr mny nxe�Oe proceeda�o npairor ro4mro
<br /> �-� �ho Pro�ny or�o pay wma ettured�y�ht�Stcarl�y Innrumcn4 whcihcr or no�i6cn duc. 11�c tp�day perial will begin whcn —
<br /> tlrcnotcel�given. �-- �
<br /> ' Unlcs�l.cndcr and f3ottowcr oil�cnvix ngrcc In �rd�ing,nny nppIlcnOnn of pnx�ccA�ro pdncipal ehall no�caiend or -
<br />^ posiponc tl�o Aue da�c of ihc roontl�ly p,rymenu refcrrcd�o In paroar,q+ln I nnA 7 nr eh:mgo Ihc mm�mm�f�he pa�mcnh. If __. _ . ..
<br /> nndcr paragrnph YI Ihc Ropctly ie nrqnircd Ay I,cndcr.IlorrmrcrL dglu in nny Inwrancc�xdicic�mul prcecc�a rc�ulling
<br /> - from Anmagc In Ihc 11ro;xtly prior m Iho ncyulxi�lun shall pavs lu IanAcr la Ihc exlcN of ihc uuu�AccnnA 6y Ihh Sccurily -
<br /> Ins�mmcm limr�cdimcly�dor�o thc nrqlil�itlnn. ='__��-
<br />� 6. lkcuponcy, I reictrvotion, [�teiNmunce and Protecllnn al Ihe Praperlpi ISurrower'� I.�un Applitalione --
<br /> leasehold�. fionox�cr diall accopy,esinblish,anJ uu ihe f'rnpeny nr Hovnwerw principal rcddence xiihlu s4�•d�y+nlicr ��?'c„_,t..
<br /> �ho executlon of tl�h Secnd�y tnsminMnl anA.ha0 mntinuc�o occupy ihe 1'ropeny n+ISorcaerrY priMf{al rest�3rnce for at �!�::,-:_
<br /> __ Ieasl one �ear n(ICr ihe dme nf acupancy, anlas l.ender o�henvixe ngrecs in ��riting. �vhich auiscro s1u11 nol M -
<br /> - unreasonab y wilhheld,ar unlriY exlcnnaiing circum}�murs enfsl�rhlch nre Ikyond Flmrawerl mnuM. tlortox�er shall not `r,.�_-
<br /> —'-'° dcslroy,damage or Impalr�he Pmpcny,nllo�v Ihe Properly to de�edoru�c,ur cumml�xacte on�hc Nupeny. Hortmrer shall i�;,;};
<br /> — 6o In defauh If nny farfeliuro nctlon or pmceeding,�rhe�her civil or criminal, Ix bcgun�hai in l.endctk goal faiih judgmcm ��.r��.�,�
<br />-=:;�.�� could nsnh in forfeiwrc of ihc 1'roperty or othenrisc maierially imp�ir �hc lirn crcueA hy �his Stturily IrtjtrunxN ar '�-�"•r.:. �-
<br />- -�� l.ender§securi�y Inlertst. Fforto�rer may wre such a defaul�Tnd rcins�me,os provided in p�rngmph IR,6y causing�he action ����'4�---��
<br />��, - k%a,-Cs.'�.._—_"
<br />=,r.�_s�}`r.7 or praceeding�o be dixmissal�vith a ruling�ha6 in LendrrF good fai�h de�emiinatioa,prccludee fodeimrc of�he fforrox•crS '��"-, tt�——
<br />- intercst in�he Propeny or o�her material impaimxm of�he Ilen crca�ed by this Securi�y Inarumem or LenAerS r,ecuriq• �-� a,._�_-
<br />�-�;�'"�'`'�° In�emsi. Dorto�ver sh�ll nlso Iro In Aefnul� if Oorrmror, dnring �he loan npplication process, gave mvtertally Polse or „-lyar.:.` :
<br /> 3i,:;'},e�tis• ., ., .
<br /> .. ,,.�p inaaurn�e InPortnaHon or ata�cments to Lender(or failed�o prnvide l.ender wl�h any nu�erial InfominifoN In conncction witli ,,,.��;�1'.t�'�
<br /> � `� the ban evidenced 6p ihe Nmo, includin , 6m no� IfmiieA �o. re rcsemations concemin Uorrowert occupane o( �he .•i' ��_-
<br /> r � Pvpehy ns o principal rosiAenca If thit Secumy Inummem is on a Peatehold,Dovower sha 1 rompl�•with all�he pNVklons -`�' ��
<br /> -,�.��',, F'; � of�he Iease. If Rntro�ver ncqnirec fee�i�le m the Ikopeny,�he Ieaahold and�he ke ii�le shall na nxrge unless l.ender agrce+ k i,s `- —`
<br />-�...:_<•t� :r - �!'#i`.
<br /> .,;. . ,i�_d m�hemergerinwriling. _.��e>;>::1.,:,.����__
<br /> "�r:.- � 7, ProlecUon of IFnAer's Rlghl++ In Ihe ProPerly. If Oorrower Poils�o perfomi �he coren9mc nn� egrcemenn �7�'y,n �� -----
<br /> Y `!s_ comnineA in this Secufl�y Ins�mmcm, or �herc li n legal procceAing that may significamly af(cc� Lcnde�k rigMs in �he � '�#��
<br /> � � Pro n such as n roceedin in b:mkru u m6na for condemna�ion or fodeiwre or�o enPorce Imvs or rc nlaiinns),�hen ' '°'
<br /> -'1 P� Y( P F r r.r 6 = - • t� �
<br /> -'-!� Lender may do and piy for��hmcvcr ix nemssary m pmtret thr v,lue of Ihc Propeny and Lcndert righls in Ihc Propcny. �z .-: � i�
<br /> i -:� Lender4 ac�ions may mc6�de paying any sums securcd hy a licn��hich haz prinriiy m�cr�his Seeuri�y Insuumen6 nppearing -.', ,, +y..
<br /> -� in coun,paying reasomble auamcyx'fccs and emcring an ihe Propeny�o makc rc�irs.Ahhoagh Lendcr may mke ac�ian ''' -i, z �- :
<br /> � --- undcr lh(s pamgmph 1.lsndcr docs nol havt lo do sn. ��c_- t u . "�'
<br /> ? s. ;i� Any amuumr Ai�bun.A 6y I.endcr unJer�hie p;v�ignph 7 shall I+cenme adAilinnal daM of Ilortu�ver sccuceA hy Ihir r e ���c����
<br /> -�fi% Sewri� Inslrumcnt. Untess Borro�vcr anJ I.enA.r n rcc to mhcr lenns of � men6�h�u amounu shall bcu imcres�from ihe ��`s'���° -;.;':•
<br />_ �,�)�� y F P�Y �tj;l.�:.�;.:r.�,�l±�4
<br /> �- � datc of disbursemcm m tlM Yote r:ne anA shnll Fe paynFlc.with imerc+i.upon noiin from Lend:r w portowcr rcyue,iing ����r('� t
<br /> -� � paymem. x�?�tti c 7��ri�':._.
<br /> 8. MorlgnFe Insurance. ff Lender rcqui�ed mongaFC incurance as n canJilion of m:ding ihe loan secnmd by Ihis ,
<br /> - ���� Security Inswmen6 RoROwer.hall p:�y�he p�cmium.nquinJ w mnimaiu �he rom�g;�ge in�ur.mce in effec�. I(.for nny 5�1�,} il + -'.__
<br /> � �t ��.
<br /> � t i,
<br /> F -i
<br /> ' . a � s • � x o f o rowcr shall a �hc - n
<br /> : h.�. leason. Ihe motlgnge m.urance cm�emgr rcquircd hy I.enAer I p�e ar ttn c 1 be in ef ecl. R r p Y .,{:S��..�-; ,,F .i:,;.
<br /> ,',,�•.!. Prcmiums rcyuircd to nbtain covernge subanmially eyuivnlem w �he motlF:�ge inmr.mce pRViau�ly in ef(cr4 m n cmt � t r�slX�`'' _
<br /> < <r� subslanlinll c ulvnleN In lhc cosl In Onrrox�¢r of Ihc mon � c incunnce n�iou+l m cffcci.frmn nn al�em:uc mon�� c i �ySt F � j`''"
<br />`-?J;t1����ri•`, insurer approved by Lendec I(xuM1namially cquivaleiv mn gage insnranceP rn�enga i+no�arailahle.Horroorr.hall p:y�u �!T��,n:l•:.;x'.��S'1'•;�y�:
<br /> j�,(^f��`^���� Lcndcr cach month n xum equnl ta unc•nvclf�h of ihe veady iuongagc imur.mrc premi�m Ixing paiJ by Uorrowcr xhcn Ihe �!��,py�•"` ` � .�, ..
<br /> f���ti€r�! insurnnce mvernge lapxd or ceased Io Ir in ef(cel. Lendrr will a<rep1.u+e anA rclain Ihrce p:rymenl.m a IU»resrrve in lien ���t�!£ 1'{� ,.
<br /> �i�,��yfry� of mongage insurnnce. Lo>,rc}cnr paymr�v-.mny no longer le rcyuircJ. m Ihr uplion of LenJer.i(mongage imurancc l.J;�x �+a rr- f�':;
<br /> i y?Y �yy.� wvcrugc(in Ihe nmounl and for thc period Ih:n Lcndrr rryuirc.l providcJ hy;in in.ur.r appro�rJ hy I.cndcr ngain ikcnntct - 1' i� _-��1�y.
<br /> ovailable u�A is u6iained.6ormwcr xhall p�q•thc prcmimn.requircJ to maimaim m�ngage in,nranre in effeci.nr�o pmvidc a c- : ,, � � i:.
<br /> ���}� �y loss reserva nmil�he rcyuiremem for mm�g:�gr m.urance enJ.in arordance�ci�h any�viucn agrcemenl h.txcen fiortmcer _ � f: �!
<br /> •_`�,�}' + nnd Lendcror applicablc lan. •;- ';-
<br /> � ::_if,i��� 9. InspMllun. I.cndcr o1 il+agenl may maAc rea��ma61e enlric.�i�xm anJ in.n.ctim�.of Ih.NuR rty. LenJer.hall ' °. �:':,•-,^.y;�^,:;
<br /> ` ..J.,� give Durto�ver nulice auhe lime nf or prior In an in.pecii�m.�cifyinE n:ronable:auu tor�he in.�xclion. . - ;�•�j�.�:'-r�r�ti'°
<br /> .,��i��: 10. Condemnnllon. 'Il�c pr«ecd.of:mq awarJ nr claiiu for dam.�tr..Jircc�nrcnmcynrnlial.im m�nti linn a i�h any � ��- .;1=��•t<i,;�-
<br /> o ' �(�!�; S�nxklnmA� .Funnir\IaNf}eddirfluC]Ifllk\11\llHlq/Yf- Irob.nn6n��nann 9Y0 qu�':i,qnp.r•'v '-��� 1 ���
<br /> -i=. . '•P � �.nt1.YnFi.xv(m�e�n ■ � .
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