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<br />,::o:�;=,�i�� 3.Henrd or Property Ynsur�sce. Bortowu shaU hap Wo impravemotits now eaisdng or henafter crectod on the Pmpeny =�
<br /> . " lnsurad egainst loss by fira.hazards included within the term"exundod cove�aga"and eny othu h�carda.including ftaoda or _
<br /> - •,.. - . �looding.for which Lsader requires inmuanco.'l�is insures�ce shali ba mafn�ined in the tunoun�and for tha perlode�hat Len�-x �_,
<br />: .r,�..:-..x� Wn�on BnBu Aot
<br /> � :: �'t reguires.lhe inaurance carrkr provlding tha insurance sball bo chosen by Bonower subject to Laider's epprovai
<br /> be unreasonably althheld. If Horrower faila to maintain covaago desaibed abova. Lende�r may.at Lueda's opdon�obtaln
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<br /> ,�� ��',� coverego to ptotat Leader's rtghta ln the PropeKy In a000rdat�ce with pacegraph 7. _
<br /> A� All Instu�noe pallcies and renowals shall be acaPtable to Leadu and shail include a standard ro Lender �ceiPts of p�id
<br />-�`'-"` have tbe rlght to hold the polictes end ratewata If Leadu requir�Hoirower shaU piomptly gl
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<br /> � preaniums and rmovvat uotic�s.In it►n�v�i af ia�,�txrowtx sb�!!giYe pramgt n�dm tn�hn inRUrance carries and Lcnder.Leudet _
<br />: �1:'�.� may maico proof of loss if aot made pmmPflY bY Bo�wu. �y���esi to resUwatton oz repslr of 1he
<br /> � ;:',; .�. Unless L,endu and Borrowu o�a�ee in wehin8.ins�n"srtc�Ft�s � `
<br />•�"'�.�a::� proP�tY damaBoa.if the rastoiatton or repau�S eoonomic�lly feasibb aad Leader's securiry is not l�sen�d.I��►���
<br /> �Y�,� '.N cepair is not economicelly feasibb ez Leada's seautry aoWd ba k,vset►ed.the insu�ance Pr000cds sball be eFP
<br /> exured by tbis Secutlty Iastruma�t,whethei or aot then due.wIth any excess paid to Hon+owu.If Botroaer abandons d�e
<br /> '��;-� - -- pm�uty�ar dxs not answu wIdda 30 days a aotice&om Lenda that tha�nsu:anca cmier das o�'aad to seule a claim�diea
<br />;:�=:�`'�``'� , r.eaau may coua�t tho lns�rence p�ocaas.L�uaer way use d�e p�ooaeas co repair or resroie the Prnpeny or w pay au�►s�
<br />--'"'.`.� w�li whea the aotloe is g[ven.
<br />-°�;��.,� . by dds Securlt7►�t�whether ot uot tben due.The 30�day petiod wl begUt
<br /> . "..W, llc�don of to �incl shall aot axuad�postpone
<br /> . • Ualess Leader and Borrower otheiwise a�+ee in wr�n8.anY ePP P� P P� --.
<br /> .�.,°`-;�'. . tbe d�o d�ie of tbe monthlY PaYma�ts refared w in paz�ag�aphs 1 and 2 or ehaaga the amount of tk�e paymaita.U under parqgreph
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<br /> ��-,���`��� 21 the Propetty is acqniced by Leadex.Bouower's rlght Oo any ins�rance polides ead p t a x e d s��esulting fmm da�naBe to the
<br /> �Y P����lulsltkon shall p�s a Lemdu w the ea0eac of dre sums r�ec�red by this Security Iastrumenc immediatdy
<br /> ��.�,..� prier ta tAo aoqWaitlaa.
<br /> :�,,� 6.Oocupancy.Pneservatba�M�inten�n�x And Protectlon ot the Properly: Borr��ver'e Loan Applit'Atbai l�td�olde.
<br /> __ _ g�wa st�all a+eupy.estat�lisU�and nse the Property a4 Bo�mwu's princlpel restdenae widdn si�cty days at�or tbe acocutbn of
<br />-:`''—�� this Security Insuu�naat and sl�all condnuo to occupY the PropettY as Bomower's prIacip�l r�f�at le�t one yesr afta tbe
<br /> =�"=-����3 dete of acc��p�ncy. ualess I�ender othetwlse a�Oes In arldng. which oonsent a'h�+ll not be unreasw►ab1Y withheld. or nnless _
<br /> =y���� a�teauaating clrcumst�►ces exist which am beyond Bozrowa's o�troL Barower si�aac de�mY.dam���ip�ic s�s�.
<br /> —`�' albw tbe PmPoitY w deterioeam.ot c�nnmit wasu on tha PmP�►Y. Borrowu sbgfl be in defanit if any faafeiwrs ecdon a
<br />-.;a-=�r,,,� • t could nsult in forfeimm of tbo Prope�ty a
<br />___,�°���;�� proc�ecding,wt�aher dvil or crlminal,ls begun that in Leader s good�aith 3ud8men
<br />,.�r,.�,�,; othe�wLso mataially 1mPair ttta llea aeated by tbis Sa�urlty Insnvtaent�Leader's securIty inOaes�Bomowa msy cnre such a
<br /> :�=��•-ai defanit and r�ta,a9 provlded in paregteph 18,by�g We actlon or gc�oceottja8 to ba dismisaod wItb a niling that,In
<br /> -- -°_� Leada'a good feit6 dete�atinadon�I�eclud�s forfeUure of the Honower's intaest in the Propaiy or otha rtwt�erjal imp�Cmwt of
<br /> � tds lien aeated by thia Secucit�►Iast�unaeat a I.ender's socurlty in�Bonower sdall also be in default If B�cuwa.dwing d�e
<br /> —�.s, losn applic�ion prooess,gave m�o�iaity falsa or irmxuiat�infomnadon a statanents W Lenda(or failed co provjde Leader wltb
<br /> --.-�_�— aay mautlal inforawion) in oonnecdon wIW dt�loan avldeac�ed by the Nota, iuclt�ng, but not limited to,represea�ot�a
<br /> _ �oncaning Botmw�'s occupancy of the Prop�aty av a pdacjp�l reside�ce.If thia Sxu�ty Inswmeat is on s leaxhold.Barowa
<br /> "—= s6�1 oomply wkh all tUe provlaians of the 1e�e.If Boirower aoqWns foe Wk oo tho P,�cpaty.tha kasehold and tha fee dtb s1�all
<br /> — nc�L merge unbss La�dar a�ees to the merger In wtItfltg.
<br /> — 7.Pratection ot Lender's Ri�hts in the Propert'. If Borcowa fa�s�pafoan the ooveuaats and ag�Zneuts coatainod in
<br /> ------ ttis Securlty Insnumen�or tMra is a legel pmoeodin8 that maY slgni�ady a�'oct I�eader's:ights in 1ho PropestY (sucb as a
<br /> — P��B��P�S►,P�'o�for condemnt�on or forfeiwre a tn eaf�oe tsws or zegulations3�thw L,euder may do an�pay
<br /> — - — fa wh�evcr is naces.saey to pmaxe the va[ae of dao Fmpair+uni Lr+�:'s:�fa sI�Pra�tY.L...�•s�..s m�in�t„ne�
<br /> _ .-.------ PnYInB �y �urns sxured by a lle�whkh bss ptlorlty over this Security Instcumau.eppe�inB in aourt�I�aYing r�sonabb
<br /> auoeueya' fas and enurIng on @�se Pnuperty w maka rapsirs.Althoupjh I.enda may tflca aedon unda�this ps�ceph 7.I�ender
<br /> — daes aotbava to do so. �
<br /> -- My anwunte dtsbursad by Leada undet this pa�agrapb 7 shaU boo�me addIdonal debt of Boanwar sxiucd by thia Sa�uity
<br /> -----�`"' Ins�umau.Unless B�mwa and Leader agi�oe ro oTher tan�s of payrt�a6 thesa emonnts st�all bear intaest�mm tha data o�
<br />-----_-� dlsburseax�t at dtie NotA ratia svW sl�sll ba PaYable.wit��int�a�upon notice from Leader to Bor[ower roquesdn8 p�ymeat
<br /> S.Mort�ge Inaurana. If Le�der raquired mortgago ins�uanca s9 a coadidon of making d�e lotn sec�teed by this Secu[ity►
<br /> ---=:--_= Iastnunent, Bortower sheli pay the pnmiunts n4uircd w matntaitt the mortBaSe Insuranoe �n effect if�fae any reaao'n.the
<br /> ���-�� mer�age ins�uanca coverage requircd by Leader lapses or ceases to ba in effect.Bonower shall pay the psemiuma roquirod to
<br /> .__=44,:;��. obmin oovuage substa�►t1�lly Wuiv�1em to tt►e raortgage insivanoe pr�vlouslY ia effect.at s oost substantl�ally oqdvakat oo the
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<br /> in e�'ect,fsom an a]t�tmate mortgage insurer ep�aved by Ixader.tf
<br />..-_;�;:;�- � cost to�otrower of dte mortpge insurance
<br /> =a`,��'-'� substant1e11,Y e4uivalent mortgage�uar►oe oovaage ls not availabb.Boirower s6all pay m L�nder each month a sum equal to
<br /> ''�'"��;;�� onatwelN�of the yearly mottgege i�suraace premiiun beiug paid by Bonuarar when the insuranoe coverago lapsad or ceesed to
<br /> _-`=��'�':�.�y� loss resave in lieu of moztgage ins�uance.Loss rese�ve
<br /> -"'.�:�u�:,, be in effxt Lender wW accept,use and m.taia these payments a4 a
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