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<br /> .� �.Haz�rd or P�sa�trtp Insurant� �o�w�sh�ll Yeep thc img�ove�ents aow existin�or herea4iri erested on the Pmgeaty ,.•.- , - '.r� � y .: .�,
<br />` insuted e�st toss by fir�. Qazards iac[uded cvirhin t�.e tesm "extead�ouverage°and any other ba�rds.inctud'sng tIoods or `.` ��`��`�:._'
<br /> � � itoodi�g,for whis�l�endea requires i�nce.T6is inssuagse shail be maintained ia die amaimts s�ad fQt the�xsi�th:t L�der , . `,. ' :, �
<br /> . tequi�s.'[hc�su�aitce c�ier p�viding the in..�ana shall be chflsea by Hmmwer sub,�ct t�o I��ea's appmvat a�hi�h shall not ' . ,< <
<br /> be un�anably wiil�helcl. If Banower fails to mainta�► ooverage descn'bed above, Leader may, at Leadrs's op�an, obtain °` _
<br />. cover�o�ptnLECt Lsadea's tigtttts ur dte F�+n�e�ey in socazQanoe with paaa��7. ; - �-
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<br />-- Ail ius r�paLcizs and r2aowaJ�sl�ilt be�Fab2e to Leadsr an�sh?ll in�Iuds a s�n�nl rQOrtga�,�cisusQ.Leuder sl�all -.- -- :
<br />� hava the ri�t Uo hald tdc��:oL�cies and re�ecv�ils If Leader resiu�s.Baaavr�siiall p3oa:D�Y Sn'e to Leader a11 raoeipts of Qaid ... ... -=-
<br />, gremfi�ma,and at�e�l aoiices.In the eveut of Lass.Bouuwer shnll�ve pammpt noticce to the insurrnc�cenier and L.end�.Iender
<br /> .- may�e p�f af S�s if�ai ma�s P���Y hY Bormv�es. _ �„,-;�.r-`;�;. _
<br /> Uril�Leader and Ha�mea othe�vrisa ageee m wrimag,iasusance P�oc�ds shull be spglied tfl ms�.urarian ar r�of tae --- .___—_W_
<br /> 8P �', '• .
<br /> �P�Y�E�.if tho r�ation arr repair is eonnumic�lly fe�2e and l,end�'s s�aitY is nat less�ne�t.If the reswr�tioe�or Y��-'" �. �; _"':��
<br /> �� r e p a ff is not ecauamicnDy fesm�te or I.ead�r's sec�icy wonld be Iesseued,the ms�ance proceeds shall be spglied tn the sams :�c,����`�'-+�:.'-
<br /> � secund by this Sec�ity�n�vment, �rbethea ar not tl�n dae.vritfi any exaess paid tn Soaower. If Baaowcl abandaas the �...:�,,,!�---'�-�_
<br /> Aapeity,or dne.s nui m�swer�vithu�30 days a Qotice fmm Leader tbai ohe ins�aance caarier has offeied tn sett�e a c�aim,then =��`�`� `-.y U,`,r:�.;-�:�;�___
<br /> Iende� ooliect dte ia�uaace cee�ts.L�adea t�se the w aa or reswte the Pmperty ar m pay s�rns sacured ".-''s:;�, �:�'=__
<br /> maY � �Y P� �P �.?.:�,; °;_
<br /> by dus Ssc�iiy Los7tmteat,whether or aut tften du6.7'�s 34day period w�l tsegin w1�en We nodce is giv�. �.',';:;�,' r.' ``--
<br /> Unless L�eader and Baxrower othewise e�+ee iu wating,�Y apglicauon of psoceeds to principal s}�aall not eztead ar pastpo�e
<br />� "�� eha due dtu�of the monthlY FaYmenm z�oa m�smr�bs 1 aad 2 ar chang�the a�aimt of d�payweats.ff undrr paragtaph . . ': v� . '_.
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<br /> � 21 the Pcaperty is acqaued by t�nde��a�vrds r.�lri ta azry issmrmncc policies aad praceeds resaldng fcom damage tu the =.��-.�.,--
<br /> �P�Y P�to tbe acquis�itian shall pass ttr I.�uci�r As°�!e e�u�:��sums sec�ued by tdtis S�cauity Insl�r�t immediat�Iy _::� ' - -_. --
<br />-- - prior tnthe acqaisition. �x��,�,� _
<br /> 6.Os�Fanc9,Pc�nYtan�Maimtenous�u�uitlt�m�u rrYcirrr I�ape�9� Bo�mse�'s f.r�rru�lica3�n;I ease�oS� .� -4j°-
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<br /> Bcviower st�all acxup�►,e�bTish,a n d n s e t I���+�s���pmicipal r�ce wid�a�y d a y s at�r the exeart�on of '�:���_;`-"�-�-
<br /> this Seauity Ias�meai�s�il cv�tun�t9�g�:e�y�q�+�s Burr+ower's p�cipal re�ace far at leasY one year aftea the ���'Y;':• .,
<br /> date of oocaipaucy, unl��ai�urise ag�e�� wtid'nng,t�hicb oonsent ahaII not be anreasonably wiihhetd,ar anles9 �L:ti� � , --_
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<br />, e�nuatmg�.s:es�s1 w��e beyand B�urrr's contmL Bmm�rer sball not desumy,dama8��ffiP��F�Y. ��, . —
<br /> . aIIaw tLe Ptoperty ta�,cr commiY waste on dte Propeaty. Bomawer shall be m defaWt if any farfeawre acdot� ar . :°,.. - �,�
<br /> , pm�ooeding,wh�ther civ�or cr�►�ics bagun that�Le�der's�od faitL jud�ent contd�u!c�f�feinue of the PmpesCy or ����;�� �
<br /> default�sfi s�mstara.y as provideQ p�rap�8,b �ti�e�:ectian PTOCeEdmg us d�aiated witb aa�l'mg t�t&,in � �,�.�A' r .ti�``„� �1�
<br /> Iender's�faitb detenamaSon.Precludes farf�futce c�f we�v-..�swea's inoe�ia t he Prapeaty cr o i Ler m a t e s i a l emgairment o f ,. t
<br /> .� :.':.
<br /> the liea a�6y tt�3s�e�curIty Ias�uiueat ar�ad�a Rmcu�i.y i�est.Haaower si�all tilsso be m dcfanit if B,�rzower,duriag the * .,:. a_;:� .{
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<br /> _. loan app l'�i aa g�acess,g a v e mzsrlialt y false or in�t�+ate infam�s�en�stateaseuts tm Lender(ay f�ns p�vide Lendei viith -, :� :'Y�;_
<br /> �►y mataial informa�nn) in connes�ica wiffi d�Ioan �Ury the Notc,iaclwiiug, Lmla rat .l�rz:;zd ao.repres�mfIons . ':, � °.
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<br /> ' oonce�nin8 Bamower's�cy e��e Pmpeity as a prmcipal residence.If t�Sec�a�8y�ent is on a leasehold,Boaowes i t.��
<br />. . sl�compi tY wi9i aD titt��visions of the Iease.If B�mwer acquires fee utle t�t�e Pmper�ey,tLe Ieaseholdazd tks fee tide sball - -
<br />; . not mage tmless I.tadet,�g�¢es to the�ager in writing. _
<br /> � 9.Pr�qt�ttoa of l.mder's�igp�a ha t6e Poroperty. If Bamowee fa�s w�a�m the coveaants and agcL�enm cantamed'm �a -��."�-::--
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<br /> .. .;� this Saauity Iastrome�t,ar there is ru legal D�S��Y���U3►affect L.eadrs's r�ghts in the Proputy(suwh as a '�' :"•'` ... "�*
<br /> P�8 m 1�A�Y.F��far��'..demnation or fmfeinu�c�r um enf�ce laws ar regalatians),dren I�ender may do nuci�ra}► ,+Ic��;� _
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<br /> '� f�w3�t�cv�Ia neces�ry►to pmtect We vatue of the Fropeny aa�.�der's stghts in t7ie Ytapeity.I.enda's acti�ons may iacWd�e � ' �`.: . .
<br /> ,.� : : '�•. '. .-
<br /> : ��:� PaY�B aay �ttns sociued by a lie� ahtch has p�i�j over'�S�canay �ns�umeat,appearia8 ��.PsY�B��� �:----._
<br /> � amo�ys' fees aad eatrniag on the Pcapaty tfl mdw r.�airs.�isl�agh I.ead�may mlce acaan�mder this para�apP►7.I�der -
<br />� ; does aoi have to do so.
<br /> .-:'��; �
<br /> � i Any pm�mts disbursed by Lender imder this paragraph 7 shE3 6ecome addiflonaY dzbt af Bor�ower secared by this Sec�aity =. '�x-=___ :°
<br /> Inst�aeat UnS�BonnweJ and I,c�dea a�ee to o�hes tr�u�of Day�ment,these amonnts shaU b�iata�at from the daLe of �'i�"=_�''�_ _
<br /> i disb�t at tLe Nete,tate and shail be PaYable,witb�taes6�notice fnam.�dsr to BoTmwer roquestin8 PeY�� � �����-,, �,
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<br /> .�, S.Mnrtgage Ia�� If I.e�rr�uued mortgage insurance a�a co��.fli�nn of mai�g the loan secured bY�is Seauiijr =�'�..;�,. _
<br /> ' �^°+..Bo�owet shall pay t�,:�°..miums nquued to maiara�thv mortgage�ms�uz�a:in effaA. If,for any reason, the .��. .,�':.
<br /> ���aace covaage reqnir�'.3y Leader Iapses or oeasG�u¢'oe in effect.Boirow¢r d�,I!PaY��t�l�� �%1i� ''.�� -
<br /> ' ob���:��aage anb�andaliy eqnivalcat to the mong�o ms►uano:p:ev3ausly in effect,at a cASt substaadalty oquivat�nCRm the � _- �i-
<br /> � ;�� �; cost ta Ba�ower of the m�e ia�su�an�e pnv�c�y um effe�t.from an slteunate mortg�age insiva aypmved by LesC�rr.If - �r� = _-•:
<br /> ' sr:6�,�aa�Iy equivakat aiartgage in�ance cmr�is not avaituble.Sotrovrer shall pay w Lend�esch month a sum erual w - . ,,`�`�
<br /> � ? oae�t�r�ciEitr:�of tl�e yearly maitgaga m�n�•piummm being yai�by Boimwet when tha insnr�e caverage lapse�d��to ° ��.,
<br />' ba ia eti��ax.l�ndar will t, us�smd reta�these e,nts as a lv�v res�erve in ticu af m� insmance.Lo�rc�e .:'...,""`��
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