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<br />_:��`�`�`''`��'`�� � �Qrmwer shall tce� tt�e improvemenis auw exist3� or hereafter erec,te� on the' : —
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<br /> "'�-� , Qroperty insured against toss by fire,i�artls iuciuded within t�e teim"extended covetage"aad anY otheir I�azards,inctadIng _
<br /> ��i`{���> Raods or ftoo�ing.for�vhich[eader re�Nires.in4urctns�e.'i�is isrsura�ce st2aU 6e maiatained jn ihe aarounts and for the periods „ �-
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<br /> - �'��°.,,.� � that Leader►�quires.The i�suraace carrier providing the insar�ce sha11 be chosen by 8oaro�ver subject to I�.ender's appmv _
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<br />- .....f�c�L-��• wPuch s6:ilt not 6e unmasonably��ith'�Id. If$ortow�r fails ta maintaip cavetage,dessribed above.L.eader may.at'Lender s,
<br /> � .t �.`�; ' option.o6tain covecage to pmtect�.etsder's rigGis in the PcoQer►Y in ac�rdance with p�ragraph 7. '" , �_
<br /> +���r � - • AII insur.utce polici�sud tertew$ts si�ail i�e accepiable to 1�dcr aud sha!!include a st�►dard mn*�nan cAavse. Leader
<br /> x �� ' ` shal!have the rig��to hold the poliaes and renewats.If E.ender requires.Eurrawer sttatl promFUY&ve to Lender all receipts of �`
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<br /> -�����w� . pai�premiums and reneival notices.In�he eveut of lass,Borr�w�r s�all give prompt notice tfl ti�e'insarance ca����nder. W_
<br /> �'-'�"�:.-'��'' . treuder may make Pmof of loss tf aot made prauiptty by Borrarrer.• ' _
<br /> �,���: Untess L�.mder and$orrower oihernise agreE in writiag,insuiance proc�eeds s�a�be applied to�toration or c�pair of tf�e
<br />-_°-�.��� pl,operty da�naged,if the restasation or tepair is economi c a l ly feasi b L e a n d l+e n d e r's s e r u r i ry i s n o t l e s s e�e d.I f t h e�e s t a r a t i o n or
<br /> —�-��__�'� , cepair is not eoonamically feasible or I.�der's sewtity woWd 6�Iessen�gd,the insurance pmce�s shall be applled w the sums
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