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<br /> �- -- - � . .s��mva2'whkh s2falY pnt bt emte.ls�ctably,.wi�helcl�If�erm�ves#'alts to tttaintiin r.c�eragz.r�n'tidci ahaveq i.enik;m�►y.f�. , �.
<br /> __ -�_--- � � .Y,cfid,�ts,�ptic�a ob�ia coveta8e vs gm�ct�Le�ster's c:ghtsi i�t t�Ptoperty:?u��cc��vitt���h'7• �, � , ,
<br />-- — -__= �11 i¢+suranaa Folicies a�rtis�wats sl�ill be ac�ptabbe L�,l�crs�c�`�nd a�iriclttda a stsndtsd mottg�$e tkqlec i.essdt�r
<br /> -- — � '. shalt dave th��igB�.to hold thc pn�cies and er,n�w�Rt�. if I.eades�ai{Rires,�asus`vc�ahatl psompttyr give to�r.aii recxipts` �-.� ,
<br />-- - -- , ef��id��ns audt�eb;rat nctim.-s.In r�he�v�t af lo�a.�H�aiiawar.sli�5���F�P�;�ta ihe iz��t�x c.�t an�. . ' :
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<br /> - Lender. Lsnderanay make�ruof of3oss if a�at r�1�P�Y 8y,��w� ' , , �� � •. '- '. ' ` .
<br /> =::: ilattss i etEti�r aad Bmrowet aiherwisc ac,�ee'in writi�g,dns�at�ace Ps�etds s8a]l tk a�spli,�d co�sta�iioa or xe�r pf
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<br /> �. .. . : , , . ' is naa �.
<br />-�, -- - ----- < .. .tb� �am��.�d�if th�_:estor.atlsx►fzr r��e�oma�Ig fc;g..��Ie and e►stcr�s ssc�tit;+ I�-�� � _ .
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<br /> z: .,`. �esto�ac�i�pair is adt�•:alIy,i�asib�csr s,ea�erb��v�ia�fc-Eesse�e��'t����� �.� �� -
<br /> _ ' agplied'to t�e snms seci�ed•by this.Seasrity L�ssim�sp�b w�Y�.�a�t ttt�n 8u°r witb any cxcess p�icl:to Bo�sowc�t If ,
<br /> . Harmwtr�lisndfl�ts the�rty.ar dots s�at.2nswer INisfiit�3U days a an�ice fromE j.ett�er t�at the insur�e�c�r�er 6as, . .-
<br /> y" �to settis a claim.thcu•Lett�er amy co�I�,tl�e in�urantt�pioEeeds� i,end�t may use tLc`�ds ta t�epaiur rn�rastma ' •
<br />='� t � ` t�a pra�rty arw pay snms sectmed by dus S1cct[rity I�s�ab�ar ttot thea du�."'ff�e34cl�sY�iocY will b�a wIua
<br />�_ , the�is given. ' , � `. , .
<br /> � � Ua�s,s Leitder and Bormw�r ati�xrwise�in�writmg,any app�at►of proeoeds m pru�cipai s4a�1 not ea�tsn�l or
<br /> � , postpn�the d�e da�of the mmuhlY P�Yments refe�d to ia ga�a�apIls 1 aad 2 oz c�s�n�the att�wmt of the P�Y�• � .. -
<br /> _ ` `imde�ara�nh 21 the Piapertg is asquirEd by Leader,Boimwer''s sghs w any�ias(ttatne PoIieies eixl�aceods.te�ttiog
<br /> . fivtu damn8r to the Rogzrty grior to the acqitisiti�n shal!Pass'to L�des to th�exteni af thc'snms seata�d by t�s SeCUriry '.
<br /> 'Instn�ent inmucd6ately puor to the acqnisition. .
<br />�; 6. ,p�a�Y► p�n�a#�,Nf�iuLe�ace �nid P�te�ian �the Pra�rEy'g BorroRes's Loan Appl�OU; .
<br />_ ' l,ease�+ul�s Bumower s�all occupy,establisl�.and use the Prapertg as Barcaw�r�priasdpal sesi,dexic�witbin siaty daYs after ,
<br /> .•�:r:_��-�--,, :� the eaecation of t�is S�g Instcument and shall cominue ta oc.cupy tiie Aragerty as Borrower�S�ciPat residenct far ut
<br /> - _ .:,�.ft. .>:i .�, � least one year.after the daze o� occugancy+ uniess i.e�der�oiherarise agees in wriaag', zvtuch.cons�i shaII aat be•
<br /> . umeasonsbiy►witI�te�d,a�u�s exfenaating c'scc+�ras�ea�st wtueh are 6eyana sorcower's canoroi. soirower sh�w not
<br /> d�Oy,damagc oz impazr tIie Propeity,allflvv,the Proper�y ta d�riarate,ar tommii.a,�aa the E�d�eriy. �4rraweF st�a11 . -
<br />- �:�t ` _ t�.in�defau[t e�aey for�ei�ce aaron or pmceeding.whether cFv�mr crSmmal,is[�n d�t•ia�s go,od f8�h l�td�aent
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<br /> {s.�,��' " eaa7d r�sulE ia.�rfeit�ue af the Pcopert3r or othecwise maraiallg impair the lien em,{CEed 6y this S�.y tnsuv�eat or
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<br /> I,euder s securitli�nteres`,&��¢sower may cute such a def�lt aad ninsta�as pmvided in p�Ir 18.6Y ra�si�i�e aetiQa
<br /> . ' or pmceediug�to•be dis�z}s�,c��vith a mting ihat.in Lender§good faith detetmination.precIudes#mfeituce of tfie�ouowet�s .
<br />- •,^� . i , ' f � t�s.S�c�i Instmmeni or Leu�s��era�r -
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<br /> r'�er matcrial ' o t6e liea bY tY .
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<br /> �� - ,• , . ve matenaIl fals+e qr
<br /> =ti: ��"�' � inte�st. Baaot�ves sha11 atsn be in defauit if Borrower.dwing tke loan app3is�3io� Fra�ss, 8a y
<br />- }�•?�rt;1�,.+,� . inaccutate anfio�:nation or staxauents to Leader(or faited to pmvide.I��r with aay mat�rial infor�atiap)in camnecdon with
<br /> . t,.:.. :.... tt., .�e laan evidFnced by tR�,P(ote, incluriffig,but nnt limi�ed to,re�ntadons coacerning Hmro�vers oscupaztcy of the
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<br /> �� �%#;;��'i�:e��;`t,�?�F `,� prapert.y as a principaL�rr�:'.If,this�aeurity Instiument is on a leas�hotd,Borcawer shall camply with all the pmeisioas ..,.
<br /> _ ��, i��,�:��,=, of the lease. If Barrowe;�ii{�liri�f,�e tide to the progcstkr:tAs�easehoId and dte fee title shall nnt mer�e�s Leader ag�ees
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<br /> �'.� �to the merger in writing.
<br /> :L'�.��,�` •:`'%;� 7. Ptrate�ian of tr��er�s Rig6r�.in�e�r�m�.�p If'�osmwe�r faiLs to perform the cqveatants�atH.a,�e�ma►ts'. •
<br /> � `', �y g that may signifreantly 2i���&.e�ei�s�rig�ts in dte
<br /> � �,:��" °x ;ki!� ' �c�ontained ia.'t�,�3 Sec Insmrment,�r'ihere is a l�al ep�muatio� rf or enfori�� ti�tio `
<br /> a:,,�,�� ; � '., ,, property �p�Y Fmb f+�i cond or fo eituie w i.�xrs or ns).dtem,,
<br />- . �.. ,.. , : � , (s^:s�'airr�a� .,�;�,ginb , �. ,
<br />_ ';�;�''��;,';�'.,'.. '�, ' ��,��:ader may�4..*`���•:w�atever is nu�ary to�,t��t t6e valus of the Fta�.�.�-ty and Lender�s righCsS�n t#e�Ptopeny_"'�` , .
<br /> . �',�;s,.��'_.• . `.='r .• � an sums se�ure�£�`a lien witicb h�s ry
<br /> ; .. , , �:�:Znder�s zctions maY irec:�lc;.�Y�ng Y Priar�`�ieer tlns Securi Instcu.�o�xtr�.�aPPeari�►� , .
<br /> ' in court,FaYing reasnnahte attomeys'feES and entering os�the Prropercy•to make�r�pairs.Although Le�der ttsc�t�Ls�ke action
<br /> . `�.';i�• ' ,' unc�er this paragraph�,Lender does not have to do so. ' .
<br /> ;,,'J:�.; . �' My�rnounts dtsbwsed by Lender ua�er this patag►aph T sha�i C�ecome addiaonal deht of Borrawer secuned by th3s
<br /> ;:;".i ; •I•' '� Security Iastrumen� Unless Bmtower and Lender agree to oWer terms�of paynuent,these amounts s.�;all bear interest from tlte. •
<br /> -:.�';5,��_;r'` �� date of disburaement at the.�+�rate and shall be payabie,with inteirst,npon now�e fmm I.ender to Borrower requeseag
<br /> -:"'rl;,•'.� '.. :'. . •.. payment. • .:.':; . •
<br /> :�+:z.�'l�'��'=.r:� �.,: . 8�. Mortgase InsarEm'ce. If Lender tequited mortgage insurance as a co�tion of mabng the loan seCUred tsy this' ,
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<br /> _,•�'� �-.«.•.. ��'';'� Sec�ity Insuurttent.Borrower shall pay the premimns regwmA w maintain the mortgage ias�aoe.in effect. If,for any
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<br /> -r��>: , . .,.:,•.�;,gt;, ceason. the mortgage insurance coverage requited by Leader lapses.cr ceases to be in effe�G�orrower shall pay the. •
<br /> ,''.--`.:t:`�:�,�.�i;:;���?; �`. P���9� to obtain coverage snbstantially rquivatent to d�.�ortgage insurartre preiiia�7y.in effect..at a co,.
<br /> � ,�,,•.,:•-.;.'•, .: _�'� , .��ubstanualIy eqe�ivalent to the cost to Borrower of the mortgage insv,r�.�e previously in effect,from an alte�.3nnrtb�`�.�::.. . _
<br /> , _ :j��%;�;,.. ;;. ,�: • ; lxn;,umr approved by Lender. If subsanttaliy equivale�mortgage in��ce coverage is not available,'Barro�«�t r pay e� .', .-- -
<br /> � ,��.,.�#:, ;. .. � '� ' 'L'.�`nder each month a sum equat to onatwelfch of the yrazly mortg��'insurance premium being paid by Bmro'��e:'Nt�es�d�. . _:
<br /> .c�'��';; ' ; .�` insorance ai�k(�^age lapsed or ceased to be in effect. l.ender will ac��,us�and retain these payments as a loss reserva in�:�•. '• • �-_-
<br /> ,� . ' of mortgage�nssuiance. Loss•�eserve paymenu may no longer be r�q�red.at the option of Lender,if mortgage inswa�to::,� _ }'L
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<br /> ,r�f�` �'. •� covetage(in the amouna aad for the perivd that Lende'r reqaires)provfded by an insunr approved by Lender again becoiaes'� ��„ =•
<br /> `' �� � �� �' � ava�'lable and is obtained.ii'a¢rower shall pay the prec�ciu�s reyuired to maintain�oitgage insurance in effect.o�to provide a ��-3i�-'
<br /> f`,�w...:.
<br /> ��` '�4a`� , loss resesve,until the re�uir�rpent fqr mortgage�insura�sce ends in accordance wici�aFty wntten agreement between Borrower '�t�i��.:
<br /> ,l�l v``�'� � and Ixstder or a licable f�awr. • ��14•r .
<br /> �����'?i��?' 9 IasQeeuon. l.ender or its agent may make reasonabte entnes upon and�nspections af�1`�e Property. Lender shall -
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<br /> � .,,.!.;.- . 1 give Bomnw�cottce at the time of or prior to an inspection specifying reasonabie cause for the i��:�ection. :
<br /> �� ;�;. ,, 10.'Cclmditmnatton.'itie procceds of any award or claim for damages.direct or wnseq�x;�F:],in connection with any , t?;4,i�.;:
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