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S.itezard or i'soperty I�surmnoe. Borrowe�r shall keep t�e imgtovemeats naw e.�isdng or hereaties es�ted on the Fmgeaty � <br /> �.,`,::,;. , ' insured agaanst Ioss�by�ha7ards included wtthin the tc�m"entended coveaage°snd any othar 6ar2rds.including tlaads��r . <br /> . Rooding.for whicb L.ender requIIes insuraaoe.'t4�is insruance s6all be anajnteined in,tHe amourits aad fot the peliods thai L�der` <br /> _ '._ �quires.'Ehe insurence cazrier pn�vidiag tRe insurznce shall be cbosen by Borrowea subj�t ta�Leuder's approval v,i�iCti shaU mo-i a <br /> �� be asueasnnably withhetd. If Bormwer fails w masncs5s coveersage desaz'6ed ribov�Leieder map,at Leader's optiaa.ob�in . <br /> ` ��� ooverage m pratect L.a�da's rights in the Prop�ty ia saosdance with pata��apb 7. , `' <br /> ,�'•.; .` a ; n ..�_ All insu�ce polisies and renetvais sl�ll he eoceptab�e w I+eadei and shall include a standaid moitg�e ctanse.I.�de�r sbaD �. �.; <br /> '°.�` .. ._. � �"��:'� 6ave the right ro ho2d the po]neias and renewats.lf Lender r�quues.Eom�war shall promptly give m Lendea all r�ipts of paid <, <br /> �:� . �_ :":� .. �:. gremimns mmd teaewal norioc�.Ia the event of toss,Borrower shall give prompt�notice to the mnuance canier and I�ud�I�n�Ier -�'` <br />�' ,. :�.:. •, ;...�.'' may make pmof of Eass if not wade proinpdy by Bntrowea. , <br /> � � � ._• Unless Lendea and Bmmwer otherwise agee um wrirmg.insuzanse praceeds aiu�U be apglied w�ai repair of the <br />_ - . .. PmFerty+damaged.if the restnrariaa ar repaa is econ�misaIIy fea�le and Laa�ra's se�uit}r is not tessea�d.If the r�ation ar <br /> � � repair is aot economicaUy f�'bte ar Leudes's�urity wouId he Iessened.the msura�oe proceeds suaII 1se applie�to the sua�s :t <br /> ��':.`,��� .< �.' `•� seaued 6y this Security Instnimept,arhether or aot then dae,with a�►Y exc�Paid to Bm4mwes.If Boaower abandons dte <br /> �:�' ` �� .`j� pl,a days a aotice fi+am Leader that the�asmance ca�r has affaed to seute a ciaim,then <br /> � . . , perry,ar dfles not ansavea vrhhin 30 <br /> l�der may ooltect ths insuranoe pioceed.s.LEndet may�e the pmceeds oo repair os nesmre me Ptoperty or to pay svms sec�e� <br /> . , b y t b i s S e c a u i t y I n s O�a m e�t.w H e t h e r o r n o t t h e n t l u�'i l i e 3 R-d a y p e�i n d w�7 1 6 e g i m�vhea�ths nntice is g ive,a. <br /> .. � Udless Lendea and Barmwer otherarise agi�e m writmg,anY ePPlicalion of pmceeds ro g�mclgal sUaII aot ext�d ar laastpoaa <br /> , <br /> . .,. <br /> �.. � ,.. <br /> �s.:`���..:�"-;� _ �p 2 qr chan�e��of the�yme�tg.If ander p�apb - <br /> _ , ' II . <br /> �._-_ -...._...'" _. . _ <br /> _. .. ..- -- <br /> ... . the dne dase�f the iannthIy ents mSea�ed to' p _ <br /> -��R`��%� 21 the Pmpeity is acquii�ed by Lend�.Bairower's n'�to an ymsutance poliaes ---zesaltmg Gom damage to <br /> �`��:``, ' �• t of tha sums s�by t�is Sec�Iry Ins�ume�nt�tunediately �_,:` <br /> :;� ,�'�r.�: gragcrty grinr oo the acquisition shal!pess to I.eud�sa to the cate� . , <br /> ',4.`� �1�I�D QI@ SCQIII$lUOA. �r <br /> : :•. �.�, <br /> ! ��.t: .``: 6.Occupancy.Preserv�Lton.Nl�uatenance aad Prat¢dion of t6e�roPertgi 0orrawer's I.oatr Appli�Non;Leaseflo�t�. �` <br /> �,� -�`';-r;-';`. . <br /> �- ". �4 Bmroavc�shail oa�pY;establisD;�nd-nse the Pmpertyss Boimwer's Pr3nc�pal residane aritvin suty days at�ei the a�n of <br /> .. .. � ' �::'' <br /> -��, ..,�'�.: .:, �,�`.� @�is 5eamity Inswmeat and sha116pnti.aue tn accupy the Propeaty as Borcower's ysincIpal resi�euce for at teast one yar aRea the =_ <br />�� � : . ,�, -.,. �ate o€occ�pansy, naless L,endea otheravise agrees in wiitmg,wh�ch cons�t sha]s aot be aareasamably wnhhetA.ar untess -- <br /> . �. '.. . extanuatmg cisoumstaaces adst wh€cb are beyrond Boirowes's conaoL Bacmw�shall not destmy,dama8e or itt►Pair the AroP�Y. -- <br /> ` ` �.�'��'�= � aIIow the Pcapecgr �o deterIotate.ar ao�uic waste on the Prapeaty. Barrower shaU i�e m de�utt if any fasteiaue acdol�ar cy <br /> .� '��#'}�.'�s�`;' ' pmceeding,whet�ca civdl ar crimmat.is begun that in I.ender's goc�d faith jadgment cauld ms�nd¢:i��'orfeimre of the Fio�±��mr � <br /> ' .�G . <br /> ' !'?'-;;• �",he�wise materialIy impair the]ieai created by ihis Se�,hmiry lasuameat.or Lemd�'s sec�uity ui�st.Bmmwet may c�re sas�a �-".' <br /> , <br />�� `�' • �nlc and reinstate.ac�uvided in parapaph 1�,by causing the action ar gmc�ing co be d�srnis�ed vyitb a mting tbat,in <br /> "f.);:", .•_ � •. ' �� <br /> 1i'�`'�'-;•� . � Le�►der's good faitb det�atian,PrecIades fasfeihn�e of the Bosmwer's imtrrest ia the Propeaty or othea mataial n�paa�s of =-= <br /> . ,.�... , ...:..;��'. — <br /> � the�en cre���&by this Secaritjr Instrument or Le��'s security tn�Bomnwer shall aLs�be in Qefault if Boimwea.dur3��the e,..- <br />- -.. ! . : � . loan aypli�a?.prooESS.�ave materialtY faLse mr�ancu�ate inforim�ation ar smlenaeats w L�eacdea(dr failec�w pmvide Ler�d�a wIth �-" <br /> •:".� . �:. ': �-� any mate�i21 �fo�on) in cannect�ag witI� the Ioau evldemced by t�e Nate.inctud,ing,b�t"�os liaaite� m.representations - <br /> ��%'''''.�� � ..� .' o�nceani�g�34rrower's occopancy af the Pmper�y as a p�cipal resideaice.If this�a�riry�sbra�e�t is an a�ol�,$oirowet !��_ <br /> . ' '��'.;�• • �+all enmpl�r with ull the pravisions of the lease.lf Baicowra acquires fee title.w the Frapezty.the IeaseholQ�aa���e fee titJe sba11 _ <br /> :�r �;�;� .. `.��,;��:� rtatmergeti,rJ��LeadeaagreestothemergeaInwrimng. ' ' . <br />