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. . ..... . . .. . _ . <br /> . . - . . �1'r - ' .! -S:: . � . . �. . <br /> � '{� �,� . . , ' ' � .6� _ <br /> t M''' �� ���OT� �:: <br /> \% <br /> •.. the liea or fargeiture of an� part of the Propertyt or (c) secure _- <br />�.;,;,�'� from the halde�c of the ].ien aa agreemeut satisfactory to L���i <br /> subordxnatang tl�� lien to thia Secusity Yaetrumen�. If Lend�r �.� <br /> detenttines that �ny part of the Pxoperty is sub j ect to a l iea c�la�cb - <br /> may attain priority over this Security I�a�trumerat, Lender +mayr give <br /> D�L;.��:�ro v r.a�ia� {�A�tig�inrr ��ae lien. Borromere shall eatiefy �` <br /> -�',_� the li,en or tatee one or moxe of the actione set forth �bove within v= <br /> - 14 daye of the givi.ng af notice. � <br /> E,_ <br /> 5. H�zard Inaurar�ce. Borrowers ehall kee� rche irroprovements �' <br /> '`� now exieting or h�reafter erected on the Property iaeured againat <br />_� lose by fire, hazar8s included withfa �he term pex��n��d. coverage" [ <br /> and aay other haza�cds for �hicl� I.ender xequires insurance. This <br /> � insurance s�ta11 be maiatained i.n tlae aniounts and for the periods <br /> that L�er requi�es. The ivaurance carrier providing the __ <br /> ineuran�e shall bo cliosen by Borxa�vere eubject to Lend�r�s approva]. <br /> which shall not be uareasonably o�ithheld. <br /> Al3 inaurance policies and reneurals shall be acceptable to � �`: <br /> Lendex and slaail in�].uc�� a stand�rd mortgage clause. Leader shall <br /> have the right to ho].r� Lb.e palicies �nd renevrals. If Lender <br /> � � �eq�aires, Horrowers shal�..� praa�t.�p give to Lender all receipts of �` <br /> �; � �id premium� a�f�: renewal noti���. In the eveat og loss, Borrcwers <br /> � ��all give prcm��t notiae �o � insurance car�ier and Lender. <br /> �aade� p2�y malce proof of loss if a�ot made promp��.y by S��rowers. <br /> � �Tn1�ss Lender an8 Borram�s oth��v�i.se agree in writing. <br /> . �suzance proceeds ahall be app�� to restora�ion or repair of the <br /> , . �roperty damaged. if tlie re�Caer3tioa or repair is econflmica}.g� <br /> � feasibl� aud Leaader�s security is not lessened. i� the restoratisan <br /> • � or repair is not ecanomical3y feasible ar Leuder�a secu�~�.�y wouJ.d �' <br /> . �` 3�e lessened, the insurance proceeds shall be appifed tcs, �e surne __ <br /> . � � �cure�i by thf�����aurity Ia�tnu��nt, whether or no� then due; s�a:h . . __- <br /> ;:a:�y exceas paic� �•a Borsewers. � Bo�rrewer� aband�n the Proper'�`; <br /> � ��.c"� dcy not answar within 30 d�y� a notice fr�:* Lender that C�s� , <br /> � �:�s�rance carrier has offered to sett2� a claim, th�uu Lender may _ <br /> . a'�llec� the i.as.uranae.praceeds, Lende� may use the proceeda .to . - <br /> .m . <br /> "���pa�r or reste�are the Prope�rt�r or to pay eums eecured by t�� . <br /> � . � �:���ec�rity iastrw�ment� whether �� aot then dus. The 3Q day ps��' <br />: , will b�giu when the aatice is �iven. ;' � , � _ <br /> � � IInless Lender. and Borraa�exs oth�rwise agree in �t��ng� `�Y, ` .`:.�>�, � <br /> � � :application of p��ceeds to pri,��.�pal shall not etixtend or poetpr��� �°" — <br /> ,' � ...�he due date of �e yearly payri��tts refersed ta � paragraphs i �d�. � <br /> ; � 2 oz� change thE�.��<amount of the p��ineats. if und�r pasagraph �.9 ��.�, _ <br /> . � f�roperty is aa�.�ired by Lender, BorrQa�s' right tio an�r ineuran�e - <br /> g�olicies and procee�s resuZti�g from a',�s��qe to the Prope�y prior • � <br /> � �o the acquisition ehaa.l pase to Lend�'"to the extent of the su�s . <br /> . t�ecured by tYiis Security In�tt�umen� im�ttediate7.y prfor to P.�u� . <br /> � � � acquisftfon. � � <br /> � � 6. Prsservation and Maiatenar�ce of Property; Leaseholds. <br /> � 8orrav¢ere shall not destroy, &�zaage or snbataa=tfaliy change �h� <br /> � ' �reperty, allow the ProperCy ta deterioraCe or coamit waste. �8 <br /> �his Security instsumezi.�� is o�i a leasehold, Borxowers shaill comply <br /> ���ti with the pro�isioas cs� the lease, and ig Barrowers acquire fee <br /> . � tiCle to the Property, the le�sehold an8 fee title shaii not merge <br /> � � unless LendQr agrees to the mc-�rger ia wrftf�ag. <br /> 7. Protection of Lender�a Rights 3n the Propertyf Mortgage <br />