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<br /> — — (t''`f` �ri�Is�at t.ettdcr t�. The:�imss�nce:c�t��. 't���►�tf:;��sct�nce�sf}al�be�ct�ea3'by 8arm�ce aub,;t�t in Lrnde,�'�: :
<br /> — _ — e,pgravai wiuch sl�ll rtot Da��son�4�y!a�itki�:t�::I','�. �t`i�ls ui maint�irrcRverag�de�rsi�'o*ova;l,fatdet��;�t � _
<br /> - ---- ,�' � E�end�cr�opt��.abiai�i caars�gc t �.entlot�rz�3;tt��aL��tr:a�ordi�G�wlte�pa�a�h`�. , • . , , . °- -
<br /> __ ' . � A]l insaraane g4lieies ard rensw��:;s&�ILix: . , ;��l�r«t�e�r and s�+all iaeinde a�standatd a c�susc. I�eader . ,
<br />-- --= s�tslt isave the rFght w tzald t�te po3i�s�nQ rci�cwQSa:..���Y.�a�r.c•rc�iines;Boa�wea sha4!gra�aptty�ive to pli ssceip�: �
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<br /> _� -__ -- -- � � o€qaid prei�ciiums�ad�eti�rnl aosis�es.�.t�;the e�rez��,�s�'Ta�a Ck,�or.s�s��s�tali give psompt�otise tts thc'ussiarancc���i .
<br />_ -- � �L,en6er���eadermaymaki�piaQfafla�Ifnairn,�da,� y�b�8mx��rer. ' , , ' . ` . ` .
<br /> q. " � UtrIess Leader and Bu�mvr�r oti��v�a�+a;�t.�insu�.�rcce pracexds�ha31 ke agptied�to resturadoa or�repasr o�
<br /> _ � �S�e� ►.�-�d-if t3�^._te.stare#�rt nt.r�s�'.is. • ty_f�ssl6la aad_ta�der�`secu�iry i�.not.t�sse�#ed. rf.Qte` —
<br />-,_. -- -- � � '� _ -
<br />�� � ?estar��saa�or�cepaii is not scaaomi�p�.faa.m'Ufa:or IIaen ��eu s�sarity would.be tes:�eaed,`ft�i�.scuance gnncee�s�zTi!ti�_`, � .
<br /> -:�;. .. applisd W ths s�uas securesi by dsis�ttrex3t�.�ttrt�'a,ttzaai,���rb.Ct�i or.nas t&en d�ue.with any aaeess�gaid t+?Bottower. Ifr
<br />=;:s � Buiiavirea a6aadoc�s ti�s Frapetty,or�¢pcs Aat,att��v�n',cv,�,�f:3Q�d�ys a natice fmm E.�nder tT�at tI�e insmance c�r�fies•p�s
<br /> `� • �` offered tu settts a cIaim,th.r►�.e�e��ay collec�t�t��t�uce proceeds• 4.eader.a�iay use the pioceeds cti repair or<restate , .
<br />-:`'` . the Ropetty ar ta pay sums serunad.b�ti�i�Se�us�r��'i'i��ar�cther or aqt t$e�t dae.T�3U-day,pe`icod wi11 begtn when -
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<br /> - � t£�e ffis�ce is given. ::: '� . • .
<br /> 7 ` _ LTnless Lettdet aad Boaawe+r o�agr�e i�:w;e�,�,�,Yrty appticatinn aF ptoceeds w piencipal shall aot e�t�nQ ar
<br />- � postpoae sh�dne d�te af.ti�monEhS�;�aymeata�fer�red � ��ragiaPhc l and 2 vr�e the amount of the paqmsats. If .
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<br /> mnder para�ragh 21 ti�P�cape�ty is�qujr�d by,3�ader��o�rer�riglrt to siry imvranrz policies and pmceeds r�snIang
<br />- � 'from damage to the Prapecty priar tai<the�egusitiAn r�al�'�s xo L e n d e r to the extent of the snms secuied fry this Security
<br /> ' b�suiurentia�diateIypcict�rotE�e .�aisitiaa, :, . � . , . �
<br /> f� Uccup�c9. Ptes�rvatiar►����e�idF<P�atactton of the Propesty, Borcpwer� I.uan Apgltcatton; '
<br />-. , � Leas�to�ds. Bo4rower shatl occap�tigescablis�:,artd usz•.c�1i:�rry as Bortower�,principal tc�sIdettce wi�hin sixty days a�r ,
<br /> -'-����°�� - � the ercexut�an of this Secusisy Insoni�.ent as�sfmih castsAste Sa ucc�py the Pmg'erty as$orrvwer's psiuci�al cesideace for ai _ -
<br />_, Y-��,-.,�:'': ..�i:: Ieast one year after the d� of �COtp�etcy. iut2�.e.�tttd�[•otherwise agrees in writuag. wbich co�sent shall ltat be
<br /> .= aIIt�onably wid�Ite1�or antess e�fienuadag,ci�rnstari`i�ex�st which are.beyoitd'Bomowei's conqol. Sormwet sbalt aai
<br /> _.. de�aY,dam9Se or.im�air t�e Pfr�ip�tyr.a11n�v:tlte•Pi'��y tad�teriarate.br commie waste on the.Propeny: Barmwer shalt .
<br /> �,��r�„�,`; -- -- be in defanit if any fatfeir�e actip��tr pmc�cfu�t;,�win�cvet civ�7 or esiminal,.is began t6at in Lertder's guod faitA iudgineat . —
<br /> � ,' could �ult in faifeiture of the�p�ty.ot.ath$riv��;�t�riallY imFair the iien created by tAis Seairity fns�ument or.
<br /> >; l,e�dsr's sCcvrity iniecest Boirow�titay euse suah o d��S attd.teinstate.as grovided in paia$raptr l8,by c�ausutg the�don
<br />_ �.,; :rt;;<N;::�.=s•':= or�mceeding to be dismissc�wiittsp xulin�,t�wt:iat:��fier�g,aod faitb detem�ination,psectudgs forfeitiue of the�omower�s _
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<br /> -°, ._.:,,�.,�.: _. '._. ._ _' �esi' _ .. _ � �g�ttant:Es�tI�liee created by tl�is Secwi Iaswment or Leader's.secarity •
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<br /> pnt m d�e Property.or other o9a�enal ►3�- -
<br /> •.• :`2��.':;y:•�:,.�;•,•,•� � � irttetest. Bomawer shaU also 6e;:i�in.defaiilt�if:$o�rc�±�`ret.dwing Uie toan apP1��n��n�Pr�.8ave materially'false ar ---
<br /> ':}"�Y-T_-::'��::• `'�.`:.`�.` macn..rqrn m€aima�an or staaeme�ato i.atder(or��'ait�.��to pcevide Lehder w�th any ' " urmatian)in co�ection with -— - --_.
<br />- •'�'•.� ::�': . . _, �� the[oan evidenced by ihe Kot�:�.iu�cl�ttling:but�,aow��muced•co.�+ep�csentations conceming Borrower's Qceupancy of the -- _
<br /> _ ' �:�:� . Ptoperty as a principaliesidRnoe.�If thts 5�urity.tn�t.efi�enE�s on a leasehold,Borrower shall tomply with all_ihe pmvisions.
<br /> �:;:���� , �•a �� � of the Iease. If Borro�ver acquires Eae fttia t�the PMUp�},th�,ieasehotd and the fee tiue shall not�ge unle�Lertder agrees: '
<br /> -- -__ . m the merger in writing. .:: : ' . . . .r, • -:
<br /> � 7. Prot�td�m of Lender's'��tights Ln t� Pitmserts: If Borrower fa7s to perfasm dte covenants siirP+agceemenis °��
<br /> , , aontained in this Securiry i��•�++�.ns,:or there is a:�gai pmcteding that may signific�ady�SCt Lender�s rights in ttic. � _ -
<br /> �. ; .'Z� Ptnperty(sush as a prooeeding in:if3nkncptey;p�obtste�for caudemnation or forfeiAue or to enfort�Iaws or negWations),theit.,°. .>. � i,..
<br />___ , I.ender may do and pay far whaf�ver is neces.4ary:ta grotecc the vaiue of the Prnpesry and Lcrtder�righis in the Propetry. �'
<br /> . • Lender's actions may inr.I:r�paying any sums secunt�b}r a lien which has priority over this Securiry In�uument,appearing ;':�-R `
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<br />_ • in cowt,paying reaso�a�+'.�c:�tomeys'fees and enter'svg oa aF.e Property to make r�pairs.Althougi�t.ender may take action .:.���,��;��
<br /> � '.� � uader this pazagraph 7.Lc�r'.s,�r daies not havc ta do saw: '" ''� �'T. '
<br /> � '�� ' � Any amoun�s dis6�:s�d b}s'•].ender under thiA p��+rapaph 7 shall��e additional debt of Borrower secured by tLis '�=��.� �
<br /> � � ` Securi Insvumen� Un2css Bo�inwer and L�ender o w other tem�s�f,iz inent,these aznounts sha11 bear interest from the ""'>°r�`"�' `
<br /> � tY � !? s �..;.�:•...�_:
<br /> .. •-�� :. � , date of disbursement as t�w Noie•rate and shail!�a p�yubte.with intere�:;�{son notice f[om Lender to Bamuwer requesaag ' ' ��"'' ���
<br /> . • Pa�� . :. ', •:,.- .; �-
<br /> , ' �. Most�pg�Im.a��.If Lender cequi�mort�e insurance as a ceqditirn of making the loan secuied by this ' '=•" � --
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<br /> . � . Security Ituuament,Bai�eeshal!•Qay the pnmiriins tequired to maintain the mr.�'Zage insurance in effect. If.for any ��`:�:�.:--�-_,.
<br /> teason,t�nv�stgage insuranrc coverage required!by I�etider lapses or ceases;y�i.rse in ��:fi� Sorrower shall pay the f -
<br />�.. �r ��x(���' premiums e�,�ired to obtain cnverage.su4sdanti�lty equivalent to the mortgage�srt�;�ce�rn:+tCniisly in effec�.at a cast . F - -
<br /> 2 '• � � , ,�yc{;�'. subst�ntiaUy eqwvalent to thesost to•�dROwec flfthe mortga$e insurance previaa•.[.a En ef�.,troit�an altemate mortgage � �•
<br /> � �,�.•4�'�y�:�� . • insurer approved by Lersd.r_ Ifisubstantially equiva.➢ent inartgage insurance rnve�i is not aea:iab2e.Bomnwer shalt pa�to ' �� :+r�=._::__�, _
<br /> .� '�;�' ��t'�v' � �'���•� ' Lender each mont,h a surn c�u�i to one•twFlf�i of r�i�yearly mortgage ins�ance p�emium being paid by Borrower when the ; -'�,�'°��F':r
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<br /> � .. i�uutance coverage lapsed os caased to be in cffect.�,iLender will accept,use and retain these payments as a loss reserve in Geu , . �.�..r ..
<br />� � . . .. '�``'t �: of mortgage insurance. [ass:msenre�ppymenis msiy no loager be required,at the option of Lender,if mortgage insurance � r` "�!'!`"'
<br /> ' ' ' cov e(in the amount and fnr the eriad that ll�:�der uires) rovided by an insurer npproved by L.ender again becomes' � ,.�
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<br /> •� •���.;,:,,.. . available and is obiained.8omnver shall•pay the p�umiuma required to maintam mortgage insurance in effecK.or to provide a • ' :`�:�r� •
<br /> loss reserve,until the re+�;xement for martgag�in�prance ertds in accordance with any written ageement between Borrower •'.��r'
<br /> . . , . •,,� • and Lender or appli¢a�*�L3�::� ' � `37:
<br /> • . _ Si. En�ectboat. Lendet or ita agent anny mnke reasonable entries upon and inspections of the Property.:l.ender shall � -T-��..- -=:
<br /> � ' � give Burrvwu��otice at the time of or pTior to tm iAxpec6on specifying reasonable sause for the irin�ection. '� • ' :;:_''�;,r�;
<br /> ,_ : �:,:i�t��!� 10 �o��W2mmatioa..Tl1e proceeds of any Avmnd oretaim for damages,dimct or conseque�itfut.in rnnnection with any � . , .l�N'. -
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