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<br /> .� . `- S.ffieasrd or F�capaa�►I�su=aa�o. Bmmcror s�e11 keep tt►o luapmveaa�e�►ss nnw e�asiin,�n�ttarsstocs es�cted on _ ,,,�`��,;_,}� -:
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<br /> ��� �.`.':° tacl�dia$tl�s ca ilood�t►�tar which L:ader rc�rTrrs Insusaa�,Ttda iasuranco s�ali i�o mn�ntaiaed�n tt►e atnoua� �'���'� �.
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<br /> '��;���;;,i.; �� aad for�Le gerlods 4t�s!tiand�roquirr�TAe iasuraaoa carri�.r grovid�g ttie iusureaae s�a116a clios�by Bprrowes " ��`� '
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<br /> '�� < ,:,�'��. � ;a;t,` sub�Ct to LeuQ��sp�eat wl�eh ei�U nsit�nnnr�aaablp cvithh�l�.Yf�orra�er Laila to maiateis�envett�a 8escrltzed `;�'�,°�{ � {���;
<br /> .v �'�, ;�; al�nv�L.eades rAay.at I.eados's opttasy obteia cof-essge to gratect Lc�dafs righta£s the Prmperty ia accatdaaoa wlth ;. . _�3 Mz����:
<br />- �� 7 ��� ¢•`< }���t�j �Af�t�ns�uance pWicies ena raaepals�It 6�s$capt�ble to Leader aad eLaU iactuds a standa�st mo clsusa :�f'`����` _
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<br /> �.��:•.�� ��:` I�St ehal�t�v+e tAa righ4 to hold.the pol�aiGa aa�neae�sls.IB Lender rea.Borrnwer sball grom y gi�re w . ..,,,,"tt,`�.`.,.�,,;��
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<br />_- ." �,° ` �.`�: emd renewal aottcea Inthsevent of los�,�nocverahall give ptamptaoticatuthe
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<br /> - - --- �� - Le,ader all ser,eip�s oi d Qremitune e d �
<br /> _ —y-J:::-Y _ -` imauraaca c�rrier as��I.eadet as�y ma�graaioilo�a itnQ�m��somptig by Bonower. _ ''
<br /> Y f u��,�<>°, t.c '.c�', . Unless LEnder snd Bortawer othera�ise egcee u►edtiag,ir�surauce praceeds sLaU ba applied to c+eswratlon or reg�sir ����
<br /> {r. . . ,... of thp Pra�ert,�dama�ed.it the resroratlon nr repair is xoseomicaltp fe�ble arcd,Leudei'a s�curity is not lesseaed.lf tho � ,"F
<br />_ - },-�.::. ... restoratioa or tepait i�s ot�i aaoaomipUy feasible os Lettdet'a e�trrpfi�scald be le�ed.the ir�stn��shall tx . • . �.
<br /> •' �:'�. applied to tiss suaaa aacus�d by►this Sec,�u�4y In.stnrment,wlteth�ar aa�k�at du�with aap as�}?a� :Y�Hostoc�er.It �::�
<br /> _...,,; :�` - .;•.{:,;:: 8orrowetsbaadaastfteFmpert�►i08�L'93IOi8a.SWCSfl1EA�ff:.�'C�&�SBA�QE7.W'R�CTAI:�EL'f�I$Y1�1l�1Y�°C677'SL'J��l88 '��
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<br /> s �_ ��: cSfesra tu��cieim;.±�err,L�ia�r-map coltecs t�e��F�d�mn� �s tii���t��i�r� .� - �
<br /> .r;�: �t�sFro or.ta y:euma�byt�is�it�.r.�s�:�vii�,a�irofi�idiuc�'IT�i�3fl�c��dad.will E���{������,� f�,,'
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<br /> , ' ' tTn2�sLea� i�iverbtharwiseagrCe�i►��tri19� a�t�u�spl�i�.atgroceedswpriac�e�U aot�tead'ar ,
<br /> '` �a�{r :'` ` . ''` posapoa+stbt�duzdsO�G�@t�emoatlilyPaYmeaisr�ti��.ta�n-:p,nrng�r&p��i,��orctiaaasgetheama�totthep�y��nsa. � , � r,
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<br /> � '.:_.rr . � � If uader �II the Property is ac:quired by Lendet, H�ri=owes's sa�}[ns w any iasurar�ce policies sud�z+aoeeds ,: .
<br /> � �`"� . � resultiag,��to the Prope�y pnor w the scquisitioa e�I pas3 t�Leader to the eatent oi the sums�weo�t�y . -
<br /> ;.�4;,• .. t�us S�ri¢g I�um�timmediatelyg�as W theavquis�t�on.
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<br /> ��-`��Y 6.O�ceaga��cy,}�'a+�en!atton.Maiatenanee and Protec4aon of t���roperty;Borrowe�'s Laarr A�pliwtifla; . .
<br /> ;%�'2'�' I I.esseholds.Enrrower�hall occ�py.e�tablish�and use the Progerty es Borivwe�'s principal residence wit�un s�ty daps ;=*
<br /> : . ` .. ` Secunty.�r�s�vment sud sl►alt cpat3s�uo to accupy th�Prn�erty as Borrawe�a grincipal : . � ...
<br /> '• ��..�4. °'' . after the-�oa o�tl�iis. " .
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<br /> , . residenc:e#sis at least oae year eft�a�date of occupancy.�inless l.euder otherwise agr�s an writing,wbicl�oonseat shall ��,,: _,.,. .
<br /> � ' ` . � tcot be unt+�asopablp withhsld,or uuies9 estenuati��et��which are be��Borrower's coatr�ol.Bom�wet ��' �f�;�<3r,;; .
<br /> ��, i;:,���{� , • ...r � shnll aotdestroy.dasnag,rer or impair tho Propersg„�S�a�r tisa Fioperty to deseriorate.ot commit waste oa the Pmperty. , � ,
<br /> ;v; `«t;�., . . :.�$orrowet�atl 6e ia default ii forteiwre actis�or pra�eding.whet�E�civil or criminal.is begua that ia Leader's . � k. . .'_ �..
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<br /> ` ti�;; . �lsith�d�ma►t could result tr�fodeiture of the Prapert�nr c�i�materiaUp impair tT�lien ereatedby tlus `"�-"
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<br /> .�.� ���t,`, , Soearitg Tntsttusaent or I.eador"s secudty interest. Bornaae�s�sy ca�e�:such a default aad reiostate.as provi�d in :'.--'����
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<br />-;�. ;,�. . , 18, by cair.aiag the action or proceeding to be � �vith s ruling that. in Lendei's gaod faitb .. .. ,
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<br />``;7.. ,�;,�=�'''�.� ._ . dgtetmanat�on.greclt�dea fodetture of the Botrowe�a iatetest ia sl:e Fr.c�ty or offier snaterisl im+pairment o�the tien - ----���;+ _�;'
<br /> ,� �;�� created by this Securitq InaWment ar Lender's security interest.Bor:���::shall also be u►defauli i�"$onower.dur�ng :,.;: .
<br />_ s; �;.���,�ii.� ' � ' the loa�n application proce�►gave materially fa]se or�naccusate ia.°r.�r.c��an or statcments to F:�ader (or �ailed to - ' �
<br />- �`'�;, ';`:,��:", , � rovide Leisder with aay material intormation�in cannection with t�.e S��z:evidenc�id by the Note.includiag,but noi '1 � , - .'Y �
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<br /> ' .';�:{r- : limited t�,:representatioas concerning Borrower's occupauc�e4 the Praperty as a�i;,i�al residence.Ii this�.xi.t� . � ;;;,�,,.t,n. .�``-'
<br /> - - ��..<�;`: Inswnsc�nuosalea�huid,Berru���tiaUcomplyNitb�i}�provisionsoftflet�T�Bonoweracquireafeeii�u� ''� `•?.�,��=l;�,f,�:`;�
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<br /> •..,'�,�,• , the Proge�rty,the tensehold and the fes title shall r,�t merge�,rTi�Lender�,�ees to tiie riz�rger in�vritia� ;. . , r.� �
<br /> '� �� '' �' 7.Pro�sctiori o4 Lender's RlgLts ia t�e lF�ptrtq.I!Borrawer is�to perform the coveimnts and a�mea� '� . ��}�"..
<br /> ` ':'..-�; . . � � ;c�ntaiaed'ut�l�ia Se�urity Instrumen�or thete is��cgal pruceeding that snay si�ni�candy effect Leiadei's rights in ti:e . . �. � ' � '
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<br /> $eepe�tVr (such ae a pmceeding ia bankruptcy, grubate..iar coademnation or fodeiture or to en�orce laas as . :
<br /> ' ' ��leruu��;4hen Lettder may do�d pay for whatever is�at�ary to protect the value of the Pmperty aad Le�.de.z's. '' :i:
<br /> �.,' � ngh4g i:��Pt�perty.Le�tder's actions may include PaY��F sums secured by a lien which t�as priority o�t1:is �( � .. ;;:;,�f
<br /> ' : .� , Secutitq IAStrument,apg�aring in oourt,PaYing ressona61e a��1s'fe�s f►nd entenng oA the Property w make repaira. . I .,�..`�'
<br /> „ !`'::;'� Atthou Lender ma Yd1C8 SCttOA ilAaCt t2118 j18f8$tBpA 7.Lend�ddes r,�c�ve to do so. �, �,��
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<br /> ' �i';y;;�:�'� .. ' Any amounte ctisbUtsed by Lender widet tlus paraP,raPh 9 s.R.a1fl Y,�a�additional debt o4 Bonower secured by this i . •
<br /> ': "`'� ., Sec�uit��tusnen�Unle�BornoHer aad Lender agree to c��ux"�s c�°pa9ment.these amounts ehaU ba►r interest ` . . ::,..
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<br /> `,:�',�;!r�i;;': � from ti�t c�y�04 dlsb�r,esnent�:�t��Note rata and shetl be��b�,w's�a'na�-�,t�tx+m�i�tice from Lender to Horrower � '�.�:-�i,;�
<br /> � ' � . : � re9uesss��1�Ymen�` ` . .,' , �,, . ( , .
<br /> �, .. , $.Aimstgaga�nce.It Lender required mortgage irs��auce�a a-..�',sion oi ssiakiAg the loan secured by thia ! j. .:
<br /> . +: .' Secuirty Jaswment.�orrower sha11 pay the pr�miuma reqwr�3 co m�'rr�tifiar.tne mortgage iaswaace in eiiect I?.for any � � . .. ,
<br /> ' � ' � reasoa;dts mort�ga ins�uance coverage req�nred by Lend�1ia�ses or c�a.ses to be in effect.Borronrer ahall pay the �. . .
<br /> _ . � � . prer�cu�m��oquired to obtain caverege substantially oquivat�.t:o the mortgage insurance previously in effect.at a cost � .
<br /> �;' ; substa.�:trgll�/eqwvelent t�the cost to Horsower oi the i�tac��ge insurance previously �n eifect.fmm an alternate � .
<br /> .� , ' • . rnoctgags'insurer a��roved bq Lender. 1f snbstantielly e��.vatent mortgage �nsurance covesage ia not available. �
<br /> < ' ' • ' Borrower shall pap sd�.ender each month a sum equal to one-twelith of the yearty mortgage insurance premium being F ,
<br /> '; ; ' paid by Bostowes w�a the insurence wverage lapsed or ceased to be in eifect.I.ender will axept.use and retain these
<br /> ' , paymenis �a a los9 reserva in lieu oi mort�age msuranc�. Loss reserve payments may no longer be required. . .
<br /> � 1 'J.. , • Fara180Y0 9/90 • :',''"?�, .
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