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�� .. -.. . �� _____-_ <br /> � ��L�a1��'_ .i 1fT.^' __-- ..--����,--.-. <br /> ...R ... .. .""" <br /> �.�+� ._ _._._'� �._-�_�_c....""� ' " <br /> �•.�:.�.�;we�tr�ta- J` -.. � r?. -:�6:t�*�:'.l�Mi::Y.' �� . . ,_. .Y ` T — ��� . _- "-_ <br /> "'^' _ "'��_-r' -�i � .__ — _ — _ <br /> -Z�' _�_.y�.i�tsLl.�.4 .., '�-_ '" _ _— .-�_ <br /> i.� `�' <br /> S. Fla�rd ar 1't�prttY I�uraac�. Borrowe.: shall � t�e ImproVCtneats aaw exWtat� u,' b�+�iter etv:i� Gn tlse - <br /> � p��ptrtY incynct�aiast lau by fire. ha�ts Wcl►�dod within tts� term 'eactendod cover�e' wd wY Wher i�u�. I�ucl� _ <br /> flooda or floodit�,for wlilc6 t.sadcr roqu;ra iosur�ooe. Thls tatw�ocx tbaU be maintained iu tba a�unta�ad for the pariodi <br /> chu Lwd�er requira. Tde insur�aoe cxrrer provldiay cAe iasuraoce�Il be cboun Dy Borrower wbjax to L�eader'��pprov�2 <br /> w e <br /> wt�ic3s�:sll not be uiur�sonibly withheld. If ilarowcr fiila to nuIatain covers�e �escribod above. L.eud�er my+� ai I.R+�le+�� <br /> option,obWa sover�e to Pt�uj Leadet�s ri�t�in thc Property in�c�cordaaoe with pua�raph?. <br /> AU insursace poll�i��nd reaewils sball bc�axptabk w i.ender and cLall iaclude a uusdud mortgage cla►su. l�xkr <br /> shaU htve thc rl�ht to hold tbe policlea�a�d reoewali.if i�eader ro9uira,Borrowu sD�U PcomptiY 8ive to lsnder o11 reoefpu f <br /> P�P�um��od rcaew�l notixs►.In tbe eveat oi lou.Borrowu abaU�ive piv+u�nas►ce t�t;�,ir,su..r�:curiK� <br /> l,eod�er may m�ke proof of loss if not mide pcomptly by Horrower. <br /> UWw Itoclo aad Borrowa othecwise�roe in writiag.insursiuce Pcuaeds chall be applied to resioratiws cu repair of <br /> proQertS+diooa�od,if the ratoriuiou or repair k ecaaomic�lly fwsibk and l�oder'c ucurity u noc lesseaed.If the restoratioa <br /> t�q�ir is not e0000mic�lly feuibie or l.wder'o ucurity would be lesieoal.t3arc iasw�oce Pmcoocl�sball be applied ta the <br /> secutnd py tbi� Soc�ity Insuume�t, what�er ot not thw due. witb aay exaess paid w Bortovrer. 1f Bormwu abandoas tbe <br /> Pmpecty. or doa not�aswer within 30 d�y�a noike from Leu�ler thai tbe ia,swaace caMiea has offerod to seuie a cl�im. tbea <br /> Leadet m�y oollect the iaswanoe pmceeds. lsnder may ux t�e procetd�W repair or n-sioee t�e pcuQecty or W pty siu� <br /> �ecured by tbis Securiry Iastiumait.whetber or not tLw due.7be 30�►y pa�od wW begia whea the nat3oe is givea. <br /> Unleu Leader and Hormwer dberwise �e in writio�. +mY applicu�on of procoed3 to principsl �aU aot cxtwd or <br /> postpoa�e the due date of the monthlY P�Y�u nferrod to Lf p�ra�ray�hs 1�ad 2 or chu�e the amaiai of tHe paymeuta.If uader <br /> p�ra�r�Qh 21 the Property ia soquizod by l.es�der. Borrowe¢'� ci�ht to �ay it�sur�oce Policia aad Prooads res�tia� fmm <br /> d�e w tbe Pcoperty Drior to the aaNisition t�hali p�ss w IIxader ta tbe e:twt of tho wm+securtd by this Sacau(ry Iast�umeat <br /> ;•,,�•..�a�■*,�Y Prbr ta�e acquiaitioo. <br /> i.(Jonpa�cy,I�a'�stior.�taista�ao��ad Prote�ioe ot t6e Pt+opaty;Bortnwer'�I,wa Ap�lkatioa;I.e�oidr. <br /> Borcow�er s�all occuPY,estsblish,ao3 use tbe Pc�operty as Bmrr�wa'e pcincipal re�leaoe��it6in si�ay day�after tLe eaeaatton of <br /> t}�See�iry Inst��ad cL�ll ocaatiaue ta occupy tbe Pe�opaty�►s Borrower•s princi�p�l raideace foe u kau em�ye+r af�a <br /> the cl�te of ooeup�ac�,udw l.ea3er otbawise+�prees ia writia�.which oo�eat s�ll aat be•,^«•��ly witL�3�9.or udas <br /> e�cteauatia� cirwaosswoes exist whicA am beyond Borcowa'i c�oauol. 6�srowu s1uU aot dcstroy� dam�e o� im�r tbe <br /> Pro�erty. aUow tlic Y:rope:ty W daeiiorue. or ooma�it waste oa tl�se Pc���y. Boirower sh�ll be in defwlt if any t'o�feiwr�e <br /> saioim or pmoeedia�.whetLer��i�l or crimin�l�is begua th�t ia Leada'9 ga�d faitb ludgmeat <br /> couid rewlt ia fafr�ture of tbe <br /> Fcopeety a oil�awise�m�tesi�iIf impair tba lka areated Dy tbis Socauiry Io:wmmt ar IRader's�ecuriry 9aterest,Boara�a m►y <br /> c�ne a�a defwlt aad reintt�te,as provided ia p�ca,;ap�n 18,bY cwsia��e�ction or prxoeding w be�v�a tulia8 <br /> d�t..ia Leader's Qood faith detiamia�tion. � 6ai�eiture of tl�e Bacavwa''a iaurest in tBe �y as ac�et m�te� <br /> imp�icmaat of We liea cttiated b�r trhis Seauity Iasituu�eat¢�e�.�esd�er's eeeauity iaterest. Boce+oaa�:P alw be ia def:ult if <br /> Ba:vrrex,durini the lwn�Ucs�tioa Prooeu.�svo IIu�tesia[t3 fa�se or in�ocur�te iafo�m�tioa or statemeat:W I.mder(a failed <br /> to provick Leoder with aoy muai�l iafotm�tlon)ia ooaaoctiom with tLe lo�a evideaced bS►tbe Note,iaet�din�f.but not limited <br /> to,���i BORO�'+O0�°�'Y of tbo Property as a ptiacipsl retideace.If thi�t SocuritY J�um�ia on� <br /> lwebold, Bo�rower �aU comply wltb �il tt�e provisiocs of tLe lwe. If Barawcr aoquire+ fa ritle to the P�npssry, tbe <br /> � - ie+�murii�i vi ioo u;6-.i::i'n:.....:�..�r�..�..r....t.....�..�fi�. .��..,.r iw�If's_ti': . --- _ <br /> 'J.�t�bC�{0�Ot�li�f���!l�l�fl�.IL BOR'Ol1iE!fill�t0 QE[f�Ol'O1�IC OOYCOtiOti�i�CEi��� <br /> t�L Secu�ity Imtiummt�or tbae i�a le�l pcooeedir�Wwt maY ai�s�f�ot19 affax ieader'j ri�is ia tbe Prope�ty(a�h�s <br /> pcooeedi�ta b�otcupu,y,Prob�t�,for 000dema�daa or forfd�a�re a to eaforee lawc a n{ui�oa�),thea lss�der may do�od <br /> pq tos M1Wever i� neoeawy to protect the value of thn Pnopaty aod I.arder'�ri�hts ia tLe Propacty. l.eader's actiooR m�y <br /> inctube pqios �c►y wm� �ecured by a tlea whic3 �e p�iority ovsr tbit Saurity iasuumeat. �ppe�ias ia oourt. p+tY�t <br /> n�ooshle aaoraays'fea�ad eateri�oa tb�Ptopetty ta m�ke reaits.Althou�hh lrader m�,y talce actlon uades th�t pWir� <br /> 7.Leader doa aot l�ave to do�o. <br /> Aay �mo�ma disbur�ad bY lr.ader uoder tLis pu�nph 7 �hail b000me ariditioo�l debt of Bat�rer �e�at�od by tbit <br /> Sea�rity Inmumeat. Udw Hocrowrr aod I.eader�rae ta�atl�a tecros of paymmt,t�e�monats�11 bear inre:eK irom the <br /> due of diibn��t the Nae rase and sb�il be pq��ble.�+ith iateiat. upon mt1Oe from l.cader w Borro�wes ooquat� <br /> �Mortp�e�a�ea�oe.lf Leader cequired mortWta iaauaox as a cooditfon of m�ida�tbe bm�eauod bryr t�is Sean�ty <br /> _ Imttynoent, Hae+�va�hall psy tbe premium�requirod w m�ia cLe morc�a�e iaouaooe ia et6ea. If. fa�aY reawn.tbo <br /> moitp�e inauaooe oovaage required bY L�de�'i�aes or�oea�es w be ln effax,Ba�mva�ri pay t'6e psaniums req�ired�o <br /> oDtain oovesa�r"e^3rt�ot'iy oquivakat W tbe mo�t�o ia�umoe p�svlouslY ia ef6ea,at s oat wb�taotially equ�iv�ieot to tLe <br /> cat to Honv�rer of tLe mort,��e ias�uaooe prevsa�p ia effa�,from m altemate mo�t�a�e ins�urr�ppeaved bY I.ader. It <br /> ' wbstmtiilty equivakat mo�tg�e iawraoce oover�is aot avai2abie.Ba�mwe=�11 pty to I�eacier acb month a sum eqtul to <br /> : ooaardith of the YeadY mert�e ino�r�oee pramium bdn,�Paid bY Bocrawer�vben tl�e iawranoe wve�e l�paal a cearai w <br /> � be ia effioa.I,c�ler wili aoapt,u�e aod atain t1�ptymmu as a ba �a�ve ia lieu of moitsa�e iawraooe. Iaa rexsve <br /> fenN� <br /> : �.��qltl7A7 h�3 of• <br /> G�- <br /> : <br />