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<br /> � S. W►a�u'd ar Propeity incw�a�ce. Borrower �all keep the in�provca�u aow cxiuic� ar henaftu aoctod oa tbt
<br /> ' �P�Y �� �aiast loes by Gre, h�zards iucluded withia ihc tcrm'exten�ted coverue" usd any ot�er t�a+�, in:.lud:ug �_
<br /> fl�ods or E1o�dL�,for whicL[,esdti tcqulres iasur�aa. ThIs icisur�chall bc mSatai�ed la thc••^^„^t�aad foc ehe pai�ds =--
<br /> that Las;ter roquirtt. Tbe iiuur�ace curier provWia�the inutxa�s�sll be chosen by Borrower�ubjoct ta Lr�cler'�a�xov�! __,
<br /> which c6aU pot bc unre�•y �iwh�:d. 1t'Barroxer fti_i!s te ma�ntaia oovaage ck3criDed abovo. Leader m�r�u I.ender'r ---
<br /> optioo.obtain covet�ge w protect[.cadet'i ci�tus in tbe Pt�opaty ia acco►Ylance with pata�raph?. �
<br /> Al! iasur�►ce policies �ad ceaewals thall be aocepcabk co L.eacks and siwl!ixlude a standard mostr�e clwse. leader
<br /> ah�U bave tne ri�.�*.t to AoW tbe policia aad naew3ls.If L.ecrder ro9uira�Borrov�er�hali promptlY�ive to l.eader�ll roceipts of _
<br /> P�P�+��od reaewa!notias.ia che event oi las.Bortowec stnap eive pmmpt nodoc to tbe insuraooe carrier:ad I�eader.
<br /> i�d�s may mtice proof of las if eot made promp�lY by Bortowa'.
<br /> Unle:s l.eader aod Borrowa ocnerwiu aYrae in writia�,inrur�ace Pmcetd,s sba11 be aPPiied w restoruion or repair af the
<br /> proQe:tY dun�Yed.if tbe ratoratioa or nptir is ecoaomicatlY featiblo and I.enaer'�sec�uity is not lesu�od.If tLe reswratloa or
<br /> repatr is not ecmom:�tally fe�ibk o�lr.oder'i�ocurity wauW be laxned.t�e imur�uoce prxeoda sball De applied to ttx sums
<br /> �cured bY t�i� SecuritY Insu��� wr�er or not thta duo. writb aqy e�cess p�id w l3otrower. If Borrovru�bandoes the
<br /> proQesty. or dozs aot aaswer withia 30 days a aotice fmm I�ea�ier ttttt tbe��*�carrier�s offered to satle i clum,ttKa
<br /> leader maY colka tbe iauuanoe Procoods. L�x may use tbe pmcoals w npair or reucu�e the PmQerey or w pay swoas
<br /> �ecured bY this Sec�ricY Insw�t•whetAer or not tbea due.'[Zio 30-day periud wW be�sia wbea tbe notloe is givea.
<br /> Unlas I,eader aod Borrower otherwise�gree ia wridug� �Y ��of penceals ta priaci(�l sh�ll mt cxtead or
<br /> postpoae tlse due date of tbe m�ntblY WY�+refarod to in par�r�1 and 2 or cbsc►Ye tbe�a�aunt of t�e paymeats. If uader
<br /> p�c�r�ph 21 the Pmpaty is acquiral bY I.eader. Bo:ro,�•: r�u w �y iaw;w�oe� �a �noee� ra�a��'0m
<br /> ��to t�c proQnty prior to 1be acquisitioa ahall pas W Lmder to tbe extmt of tbe sumt se�vrod bY tt�is Securiry Instn�meot
<br /> imaaedixdY P�ior to tbe accluisitio°•
<br /> f.Oa�p�7+Pr�O°•�aod A otectso�ot t�e Pt�opa'ty:Borruwer's I.oae App�katioa;Lea�eroiJ�.
<br /> Burrower s1�ll oocupY,atsblish.and use the Property ar Rormwa'a principsl reaideace withia sixtY dsy�aRer tbe executioa of
<br /> this Saa�ritY IastNmeat aod sball coatinue w oowPY��Y�Bocrower's principal resideace far�t least o0o yw aRer
<br /> tbe d�e ef�xup�ocS►.ualess I.eader otMtwise a�ees ia wrltin8.which oonieat s�all not be unrwoa�blY a'It�eLd,or ualas
<br /> � ciratm�taoces exist whicb ue Ixyood Borrowa's 000trol. �� Bocrowa sh�U��default '�f my fotkiWre
<br /> propesty. slbw tLe PcoQesty w detetiorate. or oommii wste oe tbe Pt�ope�ty.
<br /> �ctim oc prooee�din�.whcttxr civil ot crimiml,is 1xSua th�t in Irader's good fiith jud�aomt oaild rault ia forCdtui+e of tLe
<br /> prop�tty or otbcs�rise mataWlY im�i=the lien ct+e�tod by this SaauiiY Inun�meat or Leader'a aocurity iaterest.Barowa m�Y
<br /> aue wcl►a defadt and teinsume.as pcovide�3 ia para�r�ph 18.bY cwsia�tbe actioa or pe+�c�eedie�to be dismissed widt a:ulin�
<br /> t�t, ia Le�der'��ood faitb daum�aatioa, PrGCl�les fodeitiue of t�re Bocrowa's iatertst in tbe ProQncy or otma� m�talal
<br /> impairmmt of tbe lim crated by this S�ta�sY Iaxn�med or l�eadet's�aurity ia�et+est. Baruwer sball aLv be ia def�lt if
<br /> n....,,,.... .�,,.:w.rM leun�iic�tim ncooeis.Aave miLesiillY falu 0[ioaccuiate ia�o�m�tiorn ot st�tt�oeots to LCldet(ot fit7ed
<br /> . - ....,------.------ -.. -
<br /> to provide I.e�ia w�it8 amy m�erlst iafurrast'saa)ia�with the lan evi8eaoed DY tne No�e.t�•carao�ii�i�
<br /> to�repramt�tioos 000ca�niag Bocs+ower's occupaoc.y of thc Propaty as:priacipd mi�1moc.If this Se�vritY I�um�i�ao i
<br /> k.�old, Bocc�o+xer sh�ll eomplY with �31 the pcovi:iam:of tLe le�e. If Bonuwes�cquires fee title w tLc Propeny, the
<br /> ka�ehotd aod tLe foa atle sL�ll not merge ualas lesder aYro�s w tLe mcr�a ia writia,g.
<br /> ?.RoMctloR ot Lea�der's IIl�ht�ia t6e�h+opti'ty. If Bocrowa f�ils w perform tbe covwots aod�gc�coot�iood ia
<br /> this Soc�rity Inatnimeoc,or t�re is a kgal procoalia,�thrt maY si�i�c�m�1Y��'s rights ia tbe Pr�aty(s�ch at a
<br /> pt�oeO,din�in baoYcuptc.y,proi�ts.for co�demmBoa or forfeieure or to enf�om laws cr rc�ul�tioos?,tbm I.eader ms�►do md
<br /> pzy for wrl�vec is neees�cy to Qeaect tbe value of ttse P�+o�ty�ad L,mda-'t ri�Lts in tbe Property.Ia�des's acxioot mry
<br /> iaci�e payla� any wms �ecurod bS+ a Iiea whictt Las priority ova thi� SeauitY 1nun�m�t, �PP� �oourt, pYYi�
<br /> ira�oo�ble�tLoca�Ys'foa and caceria�on t8e Pmpaty tn maic�e re�irs•Altho��h I�ier�Y take arxian uader this pat+gr�
<br /> ?,I.mder doa aot l�ave to do w.
<br /> A�r �oaouots disbuaed bY L,wder under tbis pac�tapb 7 s�ll beon�e additioosl deb¢ of Baxewer �eau+ed by tlus
<br /> Sewrity Iastn�. Unless Botrowa aod L�der�ree w otbcr teta�t of paymcat.tl�eu uuouats ah�ll bat inta�rst froan tbe
<br /> d�te of disbutxmeac�t tl�e Nate r�te�nd�hall be payabk. with iatarst.upon notice from L�der w Bosmxer requatlQg
<br /> �Mo�tp�e Iaw��oe.If l,en�kr required morc�e ia�raoce�s s 000dition o€m�idn�the lom rocured by this SecucitY
<br /> Insuumeat, Botrowa shall pay the ptrmi� requiral to m�iat�ia tife m�rtgaQe iasuraoce ia effax. If. for my t+eawa.tl�e
<br /> ����e coverag�requira3 yy L,mder lapus or oeates w be in effect,�o�rew�sbaU pry tLe premium t'o9ui�t�
<br /> obtaia oavera�ee wbwntisllY equiYalmc to tbe morta�p�e iatur�ace pm+ioutly in e€Fxt,at a cost sub�t�otialIy equivalat to tl�e
<br /> ooa w Bormqva of the moit�e iasur�nce previoutty ia effxt, finm�n altaaata aoort�e iasu�a�pQr��od bY Leader. If
<br /> ��Y e4�'��i��cover�e is not availahl�.Bacrowec sh�il pa}r to I,ea�kr aeh mootb a sum eq�+�l to
<br /> ono-t�vdith of tbe ye�rly mo�tB,�Yc;°a�*n'�p�ium ban�P�id UY Bocrevrar whm tbc iasurmce oovas�e i�ed u�a�ed W
<br /> be ia d'6ec1.Leorler arill accept�ufe aad raaia tbae psymmts as a las rraeive lri lieu of mort��e ianu�nce. I.oss resav�e
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