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' ' - — __ _ <br /> ���`' .1� '� '�fK � ��_. . .J �' -.._ :..�,- �u�_s'►t_� _._�__5...�_..��w.u�r�t�r:.e� � .=�:.Y-�'--� -" — <br /> _�. <br /> _ .�...�.t�Mlr�l�� n��1rL . _._. . <br />._�..-��IDL_�uua�.�.s���v�� <br /> ._._..____�.___.___—._ --_ <br />.._��..,�»�s -____.-_ <br /> . ._ . .._. . ._.._. __. . . . _ ._. ._._ . .__ _ rI\ <br /> Q6- R'� �� � <br /> 5. Hurard cr Pro�teriy �. liorro'.vCr sinu: kerp ihe improvenxnts now cxisii►�;{ or t�crz:►lter ertttal cx� the = <br /> Pm�►rrtp it�sc��ayainu luss by Grc. l�xsr�cls inciucied withia the tcrm 'Gxtuidod caverstiqc' arki any wltier lm:tacds, i�iuclin� <br /> �(ti'�;,lT•(►i'�!h'1:�R3, for which Lr.r�er rtquirw i�uurat�cc.'1'ttis insurance sf►s11 t+c tnatn�ained itt tht ucn.�wtita a►r1 for tht{►erl�xii -- <br /> ttu�t Lcss�tT nx�uircs. The iruurure carritr providing the i�w►ram.r shall be clwscn bY Borrouer subjcct tu Lcnder's a�+mvd _ <br /> whir.'n s�all n��t be unrcaxNU�ty withYK:Sd. if B:xt+c�wtr fzils tn maincain cover+tge descnbed�a4�. IctYlex as�y, ut L.tAdtr�s <br /> q�tirin.ol�tain aover4Ye w proton l.utder's rights in thc PnopertY iie�c�xudance witb pu-agrsph?. <br /> Aii u►�urw-►oz poiicics and rrncr►nis si�ii ba ae�}�k: t�L.e:.3:r a.�sha!! include�starxl�rd m�tcgage ciauie. Lender <br /> stu�ll h�vo d�n right ta MoW the policies and rznewals. If L.ender roquire.v.Barrawa sdall promptlY Cive co t,a�ier xll roaipts af <br /> pracl praminmi w�d rcnewal notiecs. In thr event of loss.Bomiwor ct�al��ive proropt notioe ta thc i� �tiW c,ueier an3 leu�d;.r. <br /> La�de:t may n�ake proof of loss if not n�dc pcamptDy by 8�onawcr. <br /> ti nitcsi l.cuder and Borrawca'othcrv�'isc�roe ia writu�g, insurance prooeeds shn11 b�apPlied to t+estoratlan or rtp�ir of ttx <br /> Pra�r�1tc�►sgod.if the resto�ratian ar re�air is av�cwamicnity f�.�sibk ar.d l.a�er's security is rs.x le.�sa.ncd. if tt�c r�esto�stivn or <br /> �i�is.nnt rreonomically feasible or l.encter's security would be Jt�ened.the insurance proca�s sbaq be apRlial to tl�e wms <br /> s;�cumc! 6y this Socuriry iaswmcnt. wt�cthcr or not tfur� due.with any excess p�id ta Borrowcr. lf Bormwu abrndo� tbe <br /> Prn�y.or does aot answu within 30 days p notice irom L�crder tl�at the iasurance carrier das offered to seule a cLim.thm <br /> t.:astat m�y oollax the insurance procoeds. L.ender ciny use tl�e proceods to rcpair or ratore the Propeny or to pay sums <br /> soWrad bp this Security Instrua�ent.wlsether or not tt�en due.Tfu 34day period wiu begia w•hrn the rvatior is given. <br /> i:nlass Le�der and Eiorrawer alserwise agrce ia�writias, any appli�c�tio+� of proceals to principal shall aot cactwd or <br /> �xn�tpone the due d�te of tbe nwnthlY paymetus referrod w in parag�r�hs 1 and 2 or change the�rwunt of the paymaus. (f <br /> ur►�rr Puagraph 21 the Prnpeny is aoquired by Icnder.B�octowa's r�ht to�ny iasuru�ce polieies ar,d proaeds resulting fc�nm <br /> clpnaga to tt�Pnopaty prior co the soquisitioa s1ti11�pass it,o l.uder to tha ea�tau caf tbe uuns socurod by ttus Soc�ucity Iauniaunt <br /> �mmediately prior[o the aoquisitioa. <br /> f.Oanp�,Praervstlos.Mat�t�esuce aod�ai t16�P�+opestY:Bwrawer's Y.an Applicataoa,Lr�eiaids. <br /> Borrowu sbatR���ocupy.establish.aad usr��e Pmperty ac�xrnw�r's paiacipa! raidenee withirs uu}days afier the executioa of <br /> ttis Security tn�vccumeac and shall continue to octupy the ProQeity:�Sorrowcr's principal resicf�ace for at{ea�t one yeu after <br /> the date of oa�tur�ucy.unless Lender othusvise�grxs� uriting. w-�Si�►consr.nt sh�ll not be uiurasonably withhsW.or unless <br /> tattenuating cic.�uu�tanoes exiu whic� are beytxrd Borrowes's aoatrol. norrower sh�ll not datroy. dan�8e or impRi� the <br /> Pmpaty. alLt�r the Property to deteriorate. ot mmini►w�te ou �la:PropKty. Sotrowu slwll be in default if aay forCeittue <br /> sctioa or praoeediqg. whether civil or criminal.is began tlnt ia L�:r's good f�ith judgment oo�ld ras�ilt ia (orfdWre of the <br /> Propaty or otLawise mueriaUy impair tbe liui created by tlus Secc�u.-��iasuume�ac or L.ender's sxurity iatuat.Bonuwer may <br /> wre wch a d�fwlc and criastate.ac provided in paragaspG 18, D}c,a�8 thc�cr+�n or proceeding to be dismisse�i with a ruiiag <br /> d�+i. ia l.aidu's gaod faith detera�it�tion. Precludes fomfeituae a�f dae Bortowu's iotenst ia tl�e Propetty oa ot�r m�tai�l <br /> impairmwt of tl�c lien ceeatod by this Socuricy Inshvment or Le�ec's sa�rity interest. Bamwer shall also be in default if <br /> Borrower.�the lan applicatioa pcac�ess.gave m�teri�lly falsr ar izsaccurate inform�tiou cso�s�Leanents to I.eacier(a f�ikd <br /> to pmvide kcmder with ury msta�ial inf��ior�)in cau�ectiun witl�th�e Ioan evidenad by tl�e Nooe, incluclin8,but not liatited <br /> -- --�-iv:-:�:o.o...�:�sL�"..i�e E...^'�'�.'•='s�.'�3.--""�^f t� --P�'!'�y u a.�rieoip�l ne�ideooC,If Wit SoCUritY_IAiLi�tlOCO[1s oo a --- —- - <br /> Itaseh0id. Bcxt�Dwer sl�all ComQly With all the pmvisio[u ai'[ tIie tes�c. If BOri3w2r xqu9re.c fw ii$t iu tl1C P.�ai}', tls� <br /> i�ehoW�ad t�fa title st�aU not mcrge unlas L�cacier+igrxs to the mergu in writiag. <br /> 7.Pr�becdm o[I�der'�Ri�Nta i�tLe�4+operty.If Borrower�ils to perform the-ooveoants aad a�eaa�ents 000t�ine�!in <br /> this Security Inctrumwt.or tha+e is a Legal pr0000diug tt�at may s;p�ficantly affect Leadec's rights in the Propetty(such�t a <br /> p�oeeding u�b�atctuptcy,Prol�ate• tbr ca�de�anatioa or farfeiwre or to enforce Isrvs or ngulatioas),thm Iaod�Y¢nay do and <br /> pay fa wt�atever it aocasary w protoet the v�lue of t5�.:P�o�pa�ty and L�eada';,c�ts in tlse Propercy. Lcadec's xxiotn mry <br /> i�iut�e payia� wy wmc secured by a lien whicb has prioriry ovu this Saxu�t} Lutrumeut, appearing in oourt. PryiaB <br /> rea�onsbde attorn�Ys'fas aud mteriqg at the Pmperty to maice�aits.Although I.encia ero�:y uke actim uoda this p�ragcs� <br /> 7,La�der doa not have to do so. � ' <br /> My ainourtc disbursed by I�eader uader this p�ra�rapi� 7 shall b000a�e �dditiomt�it of Borrower �ocuned by ifi�i <br /> ' Soauity Imtrua�eot. Unlac Bo��wu and I.eader�ra W otber terms of paymect.ttxse uuouats slLll bar intaat fmm tLe <br /> date of disb�uaemmt at the Note rate and sl�U be p�yabk. with intuest,upoo a�xice fium I.eader W Basower reqne�in$ <br /> P��• � <br /> S.1Noetp�e I��ar71�e.If Ltader tnquiral mottBaSe inwrwae�s a eooditioa of cnalciog..Qbe loaa socured by this Seaui�y <br /> Inctr++mmt. Borcoww shall pny the prrmi�ms reqai� to maint�drr tbe na�tgage 'r�uraooe uz effoct. IE. far any er.asocti. �e <br /> mat�a�e insur�ooe oover+8e roqaired oY t.e�er t�xc�cK c��:a b:.i�eff�.?�onawer siali pay the p�rsai�mc soqaired w <br /> obtain oovua�e wbstaoeally equivala�t to the mo� iasuraoce pnviously in eft'ect, at a cost subs��^•;s�y eyuivaleat W the <br /> ooct w BortowK sf the mortgage insuaanct poeviously in tffxt. f�um an altera�te mottgage iawter xpproved by i.eader. If <br /> subatantially equivakat moRg�ge iasuraur�-e wver�ge i�nat avula�Ge.Hocrower shall pay tc La��et each mooth a sum e�r�sf!w <br /> one-twdtW of the yeaiiy mortgage iawrrncx p�emium bein8 P�id 6Y Bocrowu wLen the ias��cover�ge lapsed or oeased to <br /> ba in effect.Iradet will aooePt,use aad retain tl�se pay�r�ak.s ac a loss res�.w;a Lien of ma�tgsge inwr�noe. Lo� reaerve <br /> ' Fa�3ozs �o <br /> : �.�«. <br /> -; , <br />