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<br /> > 3.Ar3aasd o�PtopestY 3aewanc�. gorrrower shall keep the improvemeats naw esisrin�ar Aereafter erect�an .� :� � �� :
<br /> =`�, ° ��-:• lasg b fi hszards iacluded�vit6in the�erm °esteadod coversge and say other hazerds� � �
<br /> � 2:1 4 �_` �p�y�$g�yi1$� y re. 4�- . ,
<br /> "� �� sbal!ba reteintaiued�n ths amoumts �� '�� 7 . �`4
<br /> '� r`�,�= , ; ��`_' isiciudiag tloods os ftoading�fot wbich Leader requiree insauence.T6is isrsur�noe
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<br /> t�•:`.:_ -;:�;- and for tha�rloda that Lender e+oquirea The insasaaos carrier providiAg tQa ins�raaoe ahail ba cQosen by Bono�� y �� � Q
<br /> �=rt,�t :.. �',: subsect to Lender's approva!which shall nat be unreasonably witMeld.It Borcowes feita to ms�ntein vavernga descrtfiad t: 6 � �C
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<br /> _��ra�. a�ove,Lander may.at Ixnder's o�tion.abta�a wverage to p�tect i.eader'8 rigbts in the Property ia acoordance cvith «
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<br /> �� rp `' ' ���` p���t sutaace pokc�es aad nenewals shell be aoceptabte to I.euder etcd ehati iaclude a staadee+d mortgaga clausa �, _�` 4 `�
<br /> R ° I x n d e t e b a l l h eve the ri g hi to hold the p olicies atid reaewata. If Lendet r e q v i r e s. Hore�nwer ehaU promptly give to `_f 4` : �
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<br /> k� i,ender aU rec�ipts oi paid piemiume and renecval aot+oes-Ia the eveut of ta�,B orrowe�r s h a ll give prompt no t ice t o t h e , � ,� _
<br /> > .:� ' insurance carsier and Leader.Lendet may�nake prooi of tosq if not msde pmasPtlY bY Borrower. _ _
<br /> r� '" `•� Untess Leader aad Bon�ower otheratise agree ia writiag,iflsuranoe Pm�da s�all�eppfied to r�storation ar rep�air n. �` � G ` `
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<br /> '" ,.�_. -.::�; af tha P r o p e r 4 y a s m a g e d.if the restoratioa ar repair is e�onomiwllp 4easible aad Lender's securitq is Aot lcssenad.If the ry � tr is.:�� _
<br /> <- �� � woutd be lessen the insucance �� �."��' ',. . . _
<br /> :.',�``'�'::,`"'�-a' restaration os is aot ecoaomicaUp fe�ibte os I.eadet's ser�srity � P� . : � ;
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<br /> ,.� `"°, _ appli�to the sums secuied isF this Secinit9 Iastrument.Whether or aot tkea dt�.witL anp eacesa paid to Horrower.If ` �� �"° `
<br /> ° �° ''-. Bos�ower abaudoas the Pro�rcy.or dnes not aASwer witbin 30 days a notice irom Leader that the�asureace carrier bas ;_. ..ti:, � � z �;.
<br /> l�: ,"- �:" Lendet may use the prooee�ts ta repair or x..,.-; -.:
<br /> s ` offe�ed to settte a claim.then I.eader srsay callect the iasarance proceods. .,,.., ; ,�, �
<br /> �,;;�° will :�. �; -�6,�
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<br /> e+�oore the PropertY or to p�Y sums secured bq this Security Insavment,whether at nnt thea du�The 30 day period (�c } .
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<br /> � . {.::� .;��.�.'_�: �nUnlesa Lender and Bo �� otDerw�se ag�a in wtiting.anY aPPlication of prnceeds w principal g'aall not esteit$or `,�`�_ 4 `.-�, �, ` r
<br /> a ° ' , ' . postpaae the due dats of the moathlY PaYme�s refernd to ia paRagrapi�s 1 and 2 or chsnge the amouat of the ymeate. - ��`�z
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<br /> � � tian s1�aU to Leader to the eatent of the sums se�n+od bY � r
<br /> � �sultiAg ffOm daaia$e to the Pnopeftq ptiot to the acqui� P� `� :,� � `�<
<br /> ° - }, � �� this Se�auity Iastrulaeut immediately prior to the aaPrisition. � �- ,
<br /> `�. 6.Ooenpaac9,Preservstion,Mainteasuce and ProYect�aa of the Ptoperty;Bo�rrowerta Loaa Appliwtioa: ` �� � ; � .
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<br /> ;� �T�V, I.easeholds.Borrowec sball accu�py.e�lish.end use the Ropercy as Bonowefs prinaigal reside�witbia sistY daY$ `�• ��„�•
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<br /> .;, , ���", � .; afur th$eaecutioa of this Se�urity Is�suumeAt and s1�eU aont'snue to occupy t�e Pr+operiq as BottocQe�a priACipal � -�- ,
<br /> � ualeas Lender othetwise agrees m writing,which oonsent shall ` ,� �, f` � f
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<br /> � , ` ,-r°;s residence for at least one year after the dateof oocupaacy, _
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<br /> > x not be wmeasonably withhetd,or ualese estenvatiug circumsvancea eaist whicb ere b e y o n d Boreower's cantral.Borrowet r.-
<br /> h< �� � x:` sbaU aot destroy.damage or impair�e Propett9.allow the Property ta d$teriorate.wor cosnmit w`-as—te o.a�_t•he Pmpecty. z
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<br /> � -� , Hormwer sltell�in defa�lt i4 aay fosfeiuue action or pmcce�iAS,
<br /> �:��':�;�.:'�:,� od f�s;udg:aent cauld result ia iorPeiture of the Pm�rty or o�erwise materislly ia►pair t�e iien cteated by itis �-F :, � -
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<br /> __ . � I n s t r u m e a t o r L e u d e r's s e c u r i t y i a t e r e s t.B o r r o w e r m a y c a c e s ueh a defsult aad reiastste.as Pu'ovided!p ~ : �
<br /> .��. �,=f k`:� para h I8r by ca�asiag the actiaa or pr�oe�diag ta� dismis9ed wit1s s ruling that. ia Leadet's gad f a�t � J��.. �� ,�,
<br /> _:.�°` ` x#;`_s'F dete�m�i�nation�pr�Itrdes forPeitiu+e oi the Bwaawei's iaterest ia the Pe+operty or other materisl impairmeat oi the liea ; ., , ' k
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<br /> - .;�..,.;,- created bp tbis SecurIty Ir�struraent or Lendes's sec�uity int�erea�Borrower ehaU af�be in defaa�tt if Bortower,.darisig ;_;:..¢. :�
<br />.�i .". `:t':::"`�`;�;�;r„ the toan applicatian proce�. gave materiaUy false or is►��curate infornsation or stateanentsto Leadet (or ia�ed to ' ;L':,°: �' L:-
<br /> - provida Lender with any matenat information)ia wnne�tion witb the loan evidenced bY the Note.including,but aot . � �
<br />- - 1 £} ;,f�� limited to sepr�emmiions eaaeeraing Borcowefs occapaacy oi the Property as s principal reaidenc�If this Secusit9 �>,��t� �''�
<br /> ` �`�_ Iasuamen't is oa a leasehold.Borrower shalt eamply witi�aU tde pravisians of the teas�If Banower acquirea fee tideto
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<br /> , �, r - theproperiy�the I�asehoM andthefwtittaehall aot mesgew�les�Leader agrr�tothemergerin writiag. �,: �_ � i`
<br /> r ,� �`«. 7.Protectloa oi Lender's Righte in the Propesty. Ii Banower faila to perPottn the covenaats aud ageemeAta � -�,, . �-.
<br /> -''` � � �r contaia�i�this Security Inswme�t�or there is o t ceedin�tbat may si�ni�icaatiy efiect I.eade�'s rights in the `-�- ��`
<br /> `-; -�:: ptoperty (suc� es a praoeeding u► baakruptcy. pro�bate�. for ooademnetion or �OPLC1Lt1t+C Ot t0 CAfOlCS ISWS OY {,��.�,-��
<br /> ' � • .regulatiaas).thea Leader may do aad pay for whataver ia neoe�s9 to Pt'otect tAe value o4 the Fropetty'sad I.eltde�s � -
<br /> � "``. rlgAts ia the Pmperty.Lendej's actioas map includa payiAg eaY suma�by a lteu which has priority over tbis ;�{�i�i��---
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<br /> .�}-�y -_� gec�itp tasautt:ent�aPP�S in court,Day'�ng rea�onable attoraeys'fe�aad enteriug on the Froperty w make regaire. ��..�3�}
<br /> � =� '� � AlthoughLeYtdes map teiceac�on vadesthis F�&'8Pb 7�LeAder does nat heve todo eo. �-
<br /> = , ;,,,�.:�;', Aay amotusts disbuesed by Ixadee vnder tbis paragrapb 7 ahall beoome addittonal debt af Borrower sec�mad by this ��.�
<br /> � �! : ° Security 1nst�mten�Uatese Banower and Lender agree to other te�ms oi paytaeat.these aaeouats sha11 beat it�terest _ -
<br /> ' � � ' ' '� from the deteaf disbuisementatthe Noterateand ahall be payable.wiih�terest,upoA naticeirom L,ender to Bos�wer � � _
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<br /> t t`��t`, 4u 8.Mortgege Insomace.U Leades required mortgage inautance as a conditioa oi making the loan seeured lsp this . �� -
<br /> {�; : :..'. Secwitg tastruraent,Boreflwer sba11 pap tha prenaiuma eequ,red to�aiatain the mort�ge insittaabe in eftect.if.for any
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<br /> ` red b I.eadee 1a or ceases to be in effeet.Hosmwer shall pay tha ' :`
<br /> ,: " reasan.the mort�age inaurance coveraSe re�ui Y � , ¢� ,
<br /> ;� i� psemiums r�qtured to obtaia covetage substeatially eqnivalent w the mortpge i�P'�viavslY in effect�,at a eost �
<br /> ` �'� _ � : � s u b s t a�t i a 1 1. v a l e n s w t h e o a s t t o B o i mwer of the mort g a g e lasusance pt�viously in diect. from an altern�te �"`�`'-�r
<br /> ,. ;': . Y°�' . �s aa�t svailable. , �
<br /> ,. � mortgage insurer apprnved by Leader. If subs�ntially equ�valesrt mort�ge insureuoa coverege ' . . ...�-' ,��'
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<br /> , =. "-'r'.`-:.,.�t- Borraau�r shall Q ay to I.eader eath month e snm equal w atie�twelitt�of the yearlp:aort�ge insueaaae prenu�be�ag .•.�' y . � ._
<br /> �r ,..f..,..';,.. paid bg$ormwer when the i�ue�oe coverage lagsod or c�a s e d to b a ia e i te�t.L e a d e r w il l a c o e p t�v s e a n��t e i A t h�e• `
<br /> ` payfnea t s a s a t a s a r E S e t v e i n l i e u o f m o rt g a g e�nsutance. I.a� reserve p aYnients map no longet be c�nred. �- .
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