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<br /> �, ,-�' • � 5.Ra�ar�oi Pt+opt�4y Yast�aac� Bormwea shail kcep she�gmve�B now�g� ��� erecoed oa�� . � ��� ,
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<br /> � <" i�s�ed against lass by fi�ha�ards i�ctuded vnttin the�ram"e,�ded oaverage"and aay o,�her 1�ds.�g flands�oz. ';�` ��
<br /> � ''' ylnading,for wh8cb I.enttea�zs�nsiaan.�e:�is insuianoe shaII he maiatained m the amovnts and f�the perinds tGat Le�d� '. , ' _ -
<br /> � requir2s,�te insms�ce c�zira pmvIdmg r,he insmanoe sttall be caos�by Bos�wed subject to LeatlPa's appmval w�ich sLaII not
<br /> � J � �`� � �onat�IY wi�d.If Bo�o�a f�s tfl mainta�t eavea�ge�$I�ve.I�m�y.at I�der's a�tina,n5tafin _ ,
<br /> � caver�tog+mt�tl.�der'srlg6ts in the�mggacy ia�cewith p��7. '. ' • �a ..
<br /> ��''.._.�.:,.-� � ' �411 insv�ance policies anQ r�ewats shall be ao�ptaT�2c m I.emdea and sbari�atade a siand�d mor�age cIanse.Ireaadea sbaII
<br /> --Lave dte iight ta i�oid the policies aad�aewat�=a"i.�r��;,,���a•r�.;•�='s�r I�.���LC of;ieid . . ... '____ -
<br /> �r = -� , isremiums andrenewai noiIc�e's,In thz eventaf Ioss,Baaower�hatlgive�mptns�ric�tv the�e c��dLe�dca Leand� ' ,- '
<br /> � , , ., ,: ' may ma�s pruof of 2oss if notma�gro�ity by B�mwer. � � .. ��• . . , �
<br /> - � ' Un�esa Leader aad��ao�othrawLse a�e a�wiiw►g,insmrance pmoeeds shaD be agpiied w restn�tiun Qr re�a.�€the
<br /> p�ugcaaY d�aged,if�die r�amaation ot repa�is ecamm�icalSy f�e mid Le.n�iea's sec�ity is noL Icsscued if.the�or
<br /> 's <' , shall isG' lied W¢�:sl�.Q �$'',
<br /> ` �.. regaa is not ecanomically feasible aar i.end�r's secaurety v�taald be.�,Wa ins�nance grac�ceds � .,
<br /> - - �-- - - s�cauetl by this Secc�iity InS�t,whethcr ar uot tbear due.witb anY�s�to�aaow��f B�wer a b a u d o s r s t h e , ,
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<br /> .�. ;�..� Propeccy.gt daes not aasw�witi�m 30 daps a uotioe faum�dea tbat the'�car���as off,e�I rc���a�,tt� .: -
<br /> : .. '� Lend�may tollect dte insaiance gsoceeds.I.eadea may nsa the pia�eeds oQ re�or�2��op�ty aa oo gay sa�s� � .
<br /> '� �,.��; by this Sec¢ri�y rnstrume�t,whethea ar.�ni�heu due.The�30Sday p�a�od w11 begin whsn�ntrt�i�given. . :'<� �°�.
<br /> °�;', iJniess Leaides aad Bonoarea ot�e�ise sgee�s writin8+�Y aPP�cation of g��oeeds oQ�apa1 sLaII�oi exou��ar g�ns�poue . - ` `
<br /> . ' .;•.. =-F-: &e dne date of the momtaly payments=efeaed m��hs i and 2 or chaqg�.�.*.e amouat of the payr�.�.�f�apa�b � +E . _
<br /> :•..-—� - - --- -....--- ------- -- - - mmvrer's _ .. . �.. . :.. , ...
<br /> 2�Y ihe�mpemy i�as�n�ied�by L�rtd�,�B righruraay-�p¢��antl�!s-�esuIt���asn damag8 p°tfie�- . '�
<br /> ��: . , -- - �isy�tY�az tfl the x�IQisiq�sv2ri pa�s M L�Qcr to the exteat of die sums sacme8 bb*tk�,Sec.a�ity tns�ram�tt immediatelY ,.�,'`
<br /> , w,�` �piior W�rs�qansitian ` ' � . "'-
<br /> . , � '� 6.�vp�ac�p.pee�erva8on,Matnten.aaoe eaa)Pratec#an ot tHe Pt+upertg3 �orrawwi's Lapn APD1k�ttan;Leassholds,
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<br /> .; � Bo�wes shall � �' s�side�ce_c�lpifl sb�cY.�J►s��e exer,ut�un af ;: �
<br /> . ,- oocupy.esrabl�sh.ana use the Pmperty.as 8oa8wer's pr3�cip�. .
<br />- 8jis Sec�ai�y 1ns�t and sLsU r.outinue tn accapy the Pmpea�y as Bormwez'�grtncipat�dense for ai tea�t oue year afUea the - �.:��
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<br /> - -- . . �:� dare of�aa�.y.�Iess Leuder oilse�►�s��S�ees�S w�in�,s�t�b oonsent shalt ant b�:zmreasonably witbheld,a�c�ess �'`«_:
<br /> . �y.�K;p��`�. ' �All2��C�ICUIDS�OCS E�.4Z W�CL 81C bCytOAt�BOSOWPd'S C�t7�'il�.BC7lOWCI SLBII 1102�3/.�2ID3$E OI�ID�B�Y'tb@�C;t}i• ' ���;,
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<br /> • �- 8I10w dIB Y[OpfltZy tD d?t8�[OIBiC..dI COIDmit W8ST8 OD th8 PlajJeily.BOlRiWeS S118D be_314�8f8111t If�ly'fQYfCidl[8�D Or .
<br /> ,, .. �, '. proceed'mg,whexher civ�at c�i�1,is begpn th�i��dea'a SootY f�iW jad�"'�.�,�i oauld r�sntt t�►forfemue af ttae Pca�ty ur ��:=
<br /> • ,oth�rwi.�e mareaially im�r the li�ai creaied tiy���rrity Iasuament ar Lea�s's seeariry�traest.B�er may c�re�cb a ,�:�;_
<br /> - , ^ 1�,�iy causing�a aaian as s��a dismi�with a=�liag tha�in • '�:.�`--
<br /> default aad retnstate.as Fmvided m pata�ayh �8 ---:-
<br /> . Leader's goad faith detesmi�aaon,Pr�Indes farfcdane of the Baauwea's inrraest In�the R�,�y nr osher material unqai�n�t oY , -- ��,
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<br /> � � Qie ll�n txeate�by tAis Secutity I�t oz 1.enalet's suurity►intar�st Barcowe.�shall aLso be ia Qefaalt If Hmmwer�d�B ths -_--_
<br /> •� . . � � taan applit�tion gxna�s,s.gave r�ater�aIIY!'a1s�e ar�infoimatian or s�eca�ts to Lenda{ar fai�ed to p�vtde Leader'a� �•-�,-
<br /> � . . ` any matealal infm�madnn)in camneainn witb the laan evtdeaced by�the Not�,iaclnd'mg,.biu not limited tn,repre.s�ataitaans ==.�..;
<br /> ' � .� oonce�ng Bosrawa's oocapancy of ttce Pe�ope�cy as a pr�agal r�e�ce.�f this Sec�ity Inss�unemt is on a lnsehcl�,Baaoa�et "`�"�"�'
<br /> �; '�' :;;.'� staaU camply witb aU the gm�sions of.the tease.Yf Banowea acx�ui�s fee titte w tIIe P�a�ljr,the IeaseholA ead the fee titte s�all. �
<br /> ��, . a �motinesge tmles�Latdet ag�ees 4o the mesges in writmg. � � _---_
<br /> ;,-,�,:�� � .;;,..�,�;f - 7.Protectio�n ot Lender's Rights in the Arop�dy. If BQimwea fal�s m pesfOml th0 COv�nts 8ad 8gjeeJft�TlTB COataiilC�m --------
<br /> �.��'_-`�:;;-`�-�;.� . � .m1s Secorfiy rasuume�or mere�s a tesal�00�8 tl�c ma7►sisdi�►t�y affe�s I.e�dea's rtghts in r?r��rop�tty(s�aeb a�a • ,
<br /> �•`.:..,--,.( ,�?.:: �- � proccedtng fi banlQaprcy,Pmbare.for condemnaCioa�or forfeinue ar to e�forae iaars�r regulado�),then LendeR cnay Qa aad pa,y �
<br /> �' `'��,3 :� fo�cvha�s is necessary to protrac;t dte vaine of the Propeny ar.t!Lendea's rights m the Y�aropeaty:I�ender's acdons may iactude �--
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<br /> . � _;.�;}.t^� � gaying any sums secured by a ti�wLi� has yrt4rity over this Sec�i4�Insorament,�8 in oouit.3�7►�8�� —
<br /> �'��; ;;�r � ' atmm�ys'fee,s and e�te�g on 0e Pmpe:ty w msYe repairs.`AIthough LeAdes aaa3►mlca actiaa un�r this parag�ayb?.Leades � --
<br /> , .� :� do�snot Qaveto do so. . � !_m==
<br /> �,• , ... ,,�ti"`F My amounts disb�rsed by Leader unde�r tLis pata�apb 7 shall become adc�tional dehi of Bormwea seaaed by�S�Y� =°"""-
<br /> �. ,` � Iastcumen�Unless Barmwea and I�d�r agree to other te�ms oF paymea►�these amflm��all bear in�from the date af �
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<br /> disbiasema►t aithe Noterate an�s�ti 1�epayeble.wlt6 interesL�noSea from Lenderto i�nrowcrrequesdnBDaY��. .
<br /> ' : 8"Mortgage Insarance. If Lesd�;reqafredl�8e insu�aace as a wndit�an of m�g the toan s�by 0'ss�Secariry �f.� ,�
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<br /> ..:.. :.. : .. .:..:..:. Instrnmea�t Boirower s�aII paY the premivars�ed to,malntaim Q�e m�'�ge insuraace in effea.ID��ar a�y c�n.the �.�__�,,.:
<br /> . > . `^ .: arortga,ge insurance cavaage require�bY Lander Pa�ses or oeases to bo In d�Ba�wea sbaII pay�preani�s�'.3red to ��._ �
<br /> ,:. ' t ..� •:,. obta3n oavaage subsmutiaIIy.eqnival�ant ro the moitgag,e ias�grevious9y�n effe�.et a cost sabstandalIy eqcdiv^•Dr�a�o the � �x�"
<br /> . , ,'•, ' cost to Bauawer of We martgage�ce�eviousty in ef�e�,from an a�te:nate morsg�e ins�r sppmved by�da.If r��r�
<br /> _ , � �;,:;���'�� . substaadatty eqnivat�t martgage�ce covraage�1s not avaiTa62e.. D Y � "�,:
<br /> .d,; . . B07�'d;�3 Sh811 a t0 L4�Ad�e3�h moSth a St�'1 t0 �...��..
<br /> � � � . onatwelftb of the�martBage inswaace premium being�aW by Boira-�a when the insuc�nce c�cez��Iapsed or ce�sed m 5��f�`�,
<br /> _ � ,.:;r�,, be in effect Lgndea w�l aocepL ase and remi�Wese payr��as a loss�+e in lieu of mortg�i�aIICe.Lv§s resave . ..
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