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<br /> • S��rd or Prcaperty Yn�nrunae. Bormwea s5a11 keep th�impmvemeats IIow existing or t�raeafcer erecLed on thc Frope�ty �. �
<br /> : %• insas��d against t�by fire. haaards included withm the te�m °eAtcaded coverage°and any other dazards.including ftaads or . ' --
<br /> fbaoding.for ahfrcm Leader rr.�uacs msuranc�.This ms�uance shall he ma�ta�ed in the amounts and for the peaiods aLat I.eader . __
<br /> �`•'�i; �nires 1�e in�amce carrier pmvading the inst�tce shall be chose�by Bfluower s�b�ecx tn Lender's approval wtuch sitall aot . '
<br /> be mu�nably v►it�etd. If Bairowea fa�s to mamtain ooverage desaa'bed a�ove, i.ender may,at Lender's aprina, abtaum . -
<br /> ��� o�ti�e w proiect Lendcr's rig�La in the Propetty in accordance with paragraph 7_ - ---- ---- - -
<br /> pm imsurauce pol'ac�and rene�als shall be acceptable tn I.endea and shall iaclnde a staadard mortgage clause.I.eader shali _
<br /> havt tha right to t*.nld t�e pfl�iaes and rea►ewals. If I�euder r�es,Bomnwer sliall piomptly give tn I.�des at1 r�ceipts of paid , �
<br /> pr�s aad r�newal notic�.Ir�d�event of loss,BoiroNer s�all give prompt norice oo the ins�ce c�ier and Leard�.I.e�Qer � .. . .
<br /> , psay mEke pmof of lasg if not iasade PromptiY by Bonower. .. _ ...
<br /> Un�ess I.ender amd B�wrr Qth�rrise a�ee in writiag,ins�uaace pnat�eds sh2II Be a�pliesl w r�swratinn ur rep�a�of the . . .
<br /> Pmp�sey ciamHged,i�ihe�3m�dan or re�aa is economirally feas�bte and I.eudei's seauiLy cs rmi le.ssened.If the ce..�toxation or ; • ; . ' _
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<br /> r�air is not ecauamncaliy f�'bte or IRUder's se�riry wou2d be 1�e�t,�frs�ns�eds sha71 be apglietl ro th.e soms .•``;�"'�;'u"".__`�'����_�_
<br /> s�by this Sec�ity I�umeant,whethpa ar uot the,n dae, with 2ny �s pai�ca�oao�I�Baaowea ahandflns the . `. .� r-��-,�-��8
<br /> Propzrtyr.or da�s not a�swea�v'sdun 30 days a noDice fram Ln�der thai the inc�nansp�has offered to settle a cl�i�m,the� ' *-:°°-�°�-°-.
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<br /> LeAd�may ooll�t t�e msuaaa�ce p�raceeds.I.ead�a may use di��-�ecls w repair oT�trr+:t�e Pmgerty or tn pay sums secured
<br /> - bY t�s Seaaity Ia�su�ament,�vbetiter or not t9�en dae.The 30�d�f t�iod will beg�wh��notice is give�. - '"' - --�-- ''
<br /> Unless I,euder apd BaQrowaa atherwise agree ia�writing,�r�s�i�i�n;;f pracce�s to principal siraiL�ot extend or paslpnae ��..��'
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<br /> tt�e due date of dae monibiY 1�Y�mts ref�red to in p�agag..�4 x.:.d 2 c��tmage the amomai of the pa�ts.If nnder paaagraph �rw:�
<br /> 2l tt�i'tape�ty is asquired by Leadea,Bomowea's right rQ;�, ��licies and proceeds resv�t�ng finm d�aage to the ` �.�`` "
<br /> ry p�9 Wtor to the acquisitiort aha11 pass tm Leaded w d�e r�ar�n ca�sams se�aued by tD�is Serurity Insa�a�s:i�ns�iately `,,,�:<<�; ,_ �?s �;
<br /> ;.' ¢��b�,i1J,y � �ev.—:
<br /> ������ � �S'L� �Ihi�. �(.»r
<br /> 6.Oocapa�sy,�an,R!lsiin4e�nce aad Pirote�na caP t�e�is�ty; BOr�sea�'s La� /�p7it�ati�n;Lease6o�s. • , , , � �
<br /> B�ttocvez shaU auz.,.^Ty,esta�hli�.and ase the Property as Barrower`a pr�dj�a1 re,�dence witbin su�g+��s 4fr�the execaution of ���f s;, �,`��•
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<br /> . tbis Seta�ty Instiuu�e,at and sU�ll continue to occupy the Propaty as Borrowex's princip22 r•�dence f�;�:7�st on�year aftrr�e ;�f�'�:; '�`:--<r,,�'"
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<br /> d�te c*.f ocxu�anCy. aAless I.ender otheiwiSe egze�s ut wriwag, whiCh cOns�aL Sha11�tt i�e�mre�c�rr��ly wi�.or u[des� ' p'• •c�;' ,`�;
<br /> �t�vmting cacu�st�ces exict which are beyond Boirawer's anntml Bonaw�shall noi dcsuoy,d��:ar� 'uh°-ProperiY• �,,,�` Y,
<br /> aUn�v the P�apPrty tn detaiarate. or cammit�te on ths Prop�aty. Ba�rowe8 shall he m defantt idF m�? fcf�e sction ar , t� %, '
<br /> `,� Pa'�ng,wh�fiaer civ�ar a�nlnal.is beg�.d��Lem�'s good faith judgmeut coald resuit in 6a�'a�of aas�o�ty ar f=�. ,,�. �
<br /> � ��`�'�'�;�,
<br /> �. urstiument ur L�nd�s secsui inteiest]�a����a�e such a �.>:,<±;, � �.
<br /> cabr�vi.se a�atesialty impau t6e lien creared fi���Lb tY
<br /> dat8�ll:andreinstate. ��;,;r �s.. �:
<br /> as pravided 'u�pa�b v'3,r,�ir�,the action or piooeed'mg m be di�w�a� �hat.i� �t f�s E, �,�;
<br /> ; l.�l�s's goati faith d�n,Frecludes fafr�.�e af the Boaaaea's u►tr8est iu the pt+ogerty ar o��r matcrial i+v�}uaa►ent 4� ::. •�et,�;'t`.�t►,�'ti'qi,�'>� ��`
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<br /> tbe lien caeated by t�as Serauiry L�su�meat at II�n�ier's security mt�st.B�rower sbaU also ba in defau�if�oirow�,d�ing the �e-J:��f:.,
<br /> �pan applicatina pmness.P,ave mate�iaill►false at inaaa�ate mfarma;ion or stafemeats tn Leudet(or fanc33 to provIde Leudet with " ,; ��
<br /> a�y mase�ial infomnarion) �coffiectinn witb tlie laen evtdeaced by the Note.iucludtag, but nat t�iacd tn,represeutadons :.._'.'-,
<br /> oamn�nmg Bouower's ora�upaacy of the Piropeaty as a pr�apal rPSide�ce.If dus Sec�ity Insuumeat is an a l e a s e ho l d,Bmrower ' �„
<br /> If B wer fee title m the Pro ,the leasehnld and the fee tit2e shaIl —_- -'�.-', s�-
<br /> S�31i ca�apiy wifb 81D llse�Tia+�i$0�8Y ihC 12ase. oti� BCQu�s P�Y -;,=::..:�-_��,
<br /> . Da1 mErge ankss Leredar ugrees W the merg�r m writirtg. � _
<br /> 7.Protect6on of Laide�'e R��hts in tLe Pro�erip. If Boicowea fa�7s w perfocm the coveaants aati!agceemwts wn�ame6 in ��x.;.�'�.
<br /> ' � this Secur�y Ins�rumem,or tbeae is a 2ega1 Froceeding th�i maY si8nifir�tly affect Leader's rigGcs im i1Ye ProDatY(s�b as a ��_ , - -- -
<br /> �;•',,�' p����PkY,�•for cond�emnation ar forfeimre ar w enforce laws or rcgalations).dren i.ender ma.,do aud pay �' - ;..
<br />'''�'� f�Y+iu�vcr is neoessary w protert the valne of @�e prapecty and Leader's rights tn the pcaperty.Ia�des's a�anrt m�ay inctade -'""�°=-°- `'�,
<br /> �,�;,;;, ppy�g any s�ams�by a lier� ahich ha9 priaaity ov�d� Sec�ity tast�amea�a�in8 in coun.Oap�,�nab2e �`='�`��'°'��—�'��-
<br /> ''.7;::':. �ypmsys�f�ees an�ente�ing oa Ihe FrQpetiy to maYe tepairs.Aithoagh L�de,r may taice action undr�;tfsis parag�ap�9,laud�' �'�.-_
<br /> :::;f!>;� aD2S 1}6I I13VE tO dD�. .�,. - ?'!-
<br />.�,l"'' Any amomus disbarsed hy]�ri�'ea ander this Daragxay�P shall become additioaal debs of Horm�rc�secumd by this Sec�ity ..�;:�:-�.6`�,�;�'�"��'�:,-
<br />����,,,�� Inztr�eat UNrss Bafrowc�au�Lende�a,�ee to othea�rus of gayment th�se amo�mts shaU besr i�tesest from the dete af _ _ -
<br /> dl�nrnt at dsc t�Iote iare and sfiall be payab'.E.with lnta�st.upon notice from Lend�w Borrower r.r•a�,�e.stm8 PaYment ,.�-,:
<br /> ;: . 'it�r, .-�t�-
<br /> '� E.Martgage Ita�a�c�se. ff I.�dar re�w�mortgage insuiance as a wndi�on af�g the[a�uE��cared by this Seauit�t 's.�r;.,.
<br /> '��' ' In�4roment,Boimwea shall the pm�i��n:qnired to maiatain the mo�tgage ins�uanoe m ea's�:n. 1f, fai eny cea�on. the
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<br /> ,,,,,.,�,. r° pay _. ^--_
<br /> . ;r,;,: mw�ge msuranoG ooverage req�med by Lea�tupses av r�,,:�ses tn 6e in effect.Baimwer s6�pi�= U::e preaaivaas raqu�red w =_.�.. _;•
<br /> '� ol�sem coveiqge svbstsndaily oqaivalea�t to tIie moltgage t��,�p prevlausly in effec�ac a cost�stantially eq�u.�auleat w the ;f,, . .,.<.�!'��
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<br /> .:,i.'.�? oos� tn Bmrawar of tAe mortg�ge insarance previnusty in�ect, fmm an altemate a��ge�.,�ivar ap�noved fsyLender. If ;�;"ti:'ir;,,�..�,.�r:=,;,.� - -
<br /> s�b�s�ntitilly e�ivalent moatgage insarance cav�rdge is not availabk.Bosmwca shall pay to l.e¢d�c�month a sum equal ta �' '' '. _, ,�., z:-_.
<br /> t;� ano�iwetRb o!tt�e Y�Y�&8�����beIng paid by B9tmwer wha�the insauance cr�ri�a,ge laysed or cea�eci tn �' • .�� �'�• �''-
<br /> effect l.e�d�arill�4 �:se aa�d�these paym�ents as a to�reserve in Ei� af mmt,r�gs insurance. ' ";',. °°_
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