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<br /> .� ' Barowc.r sttall ka�t�+mi�tivenu�ss now existinC or hrrcaf'trt ercxtul on thc Pro�ertY -
<br /> S.Ha�rd or PropertY UauurA°°�• "extr,ndod covcragc" and ony othcr haxarJs. inciuding ftouds ar
<br /> insured��ios9 by Ca0.��iacDu�d:� u�isbta ttyo tam --
<br /> ibodin�.ftx which l�der cecluires in�ur�-'��'��be maintained in thc su�ts�s�ul for thcoYperiuu�'uh sha�l�l� �
<br /> roquir�s.'R�e insvsatace curia P�'o��d'°B t�e��be ctws�a by Borroucs sub�ct tn Lcn�ler's appr —
<br /> be unrtasoaablY Wi� If Borrow�er f�ils w maintain coYe�c described abavc. 1.endcr maY. at Lcndcr'c oM+o�. °�
<br /> caver�So m P'o�+ct Lei�der�a rsghw in th�P�o��Y i°aoc°'rd°nce wuh pa�a�raph 7. e�. Lcndu shall
<br /> aad reaewals shall be aca�k�°��s�ill include a stutidard awrtgas _
<br /> All iaswaaa Poli�'s �reaowal9. If L.aKia rc9u�,Bo�mwu sl�11 prc�P�Y 6ive to l,ender all recrapts of Paid _
<br /> l�ve tlse ri�bt ta dold the polic�es Ve aotice w tLe inswance ca�rier aad 1.cndc'j.La�der
<br /> p�aa3 reaewal notices.In tb�e cvatt b B�wa shs11�i P�'�nW
<br /> m,,y rt�p'oor of loss if aot made p�o�P�ir y sdau be,p�uea to r�sto�a�+on a�oF uu —
<br /> Uaksa l.�eader�sd Barower othawiso aYroe a wtitin8.it�u�sc�Pi'�'�� �not Zessenod-If the renoratiao or
<br /> pccrQaty d�magod,if the nst�oeadon or�e��s ecoesomic�llY feas�ble and La�der s sec�uitY �to the wms
<br /> feas�ie a I.eader's socuritY wou�be lac9ened.the iunuanco p�s���.
<br /> r�air is aot ocoaomicaUY �rtx;tbei ar aot ttsea due.wit� a�►Y excess p�id W Boaower. Ii Bcvmwer al�andons the
<br /> �by� �ty �w'ub'�a 30 dzys�notioe from I�ender tbat the iasurance cartier da�offered to settle a claim,then
<br /> pmpesty�a d�oes oot a�naaver I���y use the Proce°ds�°re�or restoce the PropatY or to paY swn�secured
<br /> ��y�tbe iasvraace Peoco'�A a,� wbtn the notice is given.
<br /> by tltis SocuritY In�.wddh�r or not then due.71tie 30-daY Pa� ���s�1 not�tend oc Postpos�e
<br /> Ua1es9 I.ender aad Baraw�r otha'wise agree ia w�fi•8°y�P��O'� if under par�Bt'+P� -
<br /> tbe due dal�e of dse monthlY I�Y��refarod w in p�ra8r�s 1 aad 2 or ct�age tba anwt+nt of tAe�g� ��e W the
<br /> 21 die I�capatY��1� by�'B0�0��s nght to aay iawr�e Pulici�s aad Pc�'� �t immediatelY
<br /> Pm�a�Y P����luisition st�II Pass�°1�to t4e e�teat of the sums socured by thic SoAUitY
<br /> prlor Oo tbe ao4ui�id� ot tbr.Propert7> B��'s I.oan Appfication;l.easeydds.
<br /> i.�+��'����Protectba . ���ty days after tbe executiooi of
<br /> aod use the YroQerty as Bocmwa s piis�l �fa ai least one yrar afbrr tbe
<br /> d�Seaaicy Iastn�mmte�blish��tmue to occuPY t�e�y as Botroaa's P�
<br /> date of o�Y• �aless I.a�da ott�awi9e sgr���g• which coasasc sball aot be unreaaon�blY�v�t�.or unkss
<br /> ���e�ist Mbicb m beyo�d�vxr s caatroL Boa�ovra sLau na destmy�dam�se ar impair tlx Propaty,
<br /> albw tLe Pi'oQatY �°�°�'°i �a�oo the FmperiY• $O�°wa st�all be in default if aoB fafe�imte actio�o�'
<br /> proe�eding,whether civil oe cziaaimt.is bega�t1�ia l.es�der's goai f�i�h judSm�t��in fafeic�ne uf the Prop�eY o�
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<br /> pr0 b tlus SecuritY L�or I.eada s saarcitY iata�s�BaQ+owa waY g in
<br /> . __ ��y '�dro liea c�e*� 18,bv c�d1e actioa o� � �be dismiccedYw'��th�a�i nf--.---- -----
<br /> fae[eituee of tttia Bonoxer a inta+est ��Y ,••
<br /> I,eoder'�gaod faith d�.P�'� �,Baaoaa sl�11 a190 be ia ckfwlt if Boaowa,�►8�
<br /> the liea creatod hY t�s-�i'�°t L���s�ecuritY� or statemwts to l.�der(or f�ed w peovide I.ea�ler with
<br /> loao�°P�'°�'�S�ve a�sJIY fa1.�e ar�iafamation
<br /> �y � info�n�26mi m cooa�0°� the ban evida�ood�Ntb�iv 3a�8•but not limiud w. re�a�TMS
<br /> of tbe PnuPacY as�P� �is oo a lqsebold.Boaowa
<br /> �niog 8arowa''s�Y foe title to the PropettY�the le�sdsodd and the fix title sha11
<br /> � �1�mP1Y wuh slt tite peovivoas of the ka9e.I£B��wa ac�cluir�s
<br /> twt mer8e�a�less I.eader ggcaes to t}re m�r8«ia�riifcag. ro oont�ined ia
<br /> ?.Protect3o�ot 1.eade�''s B'�ts i�tl�e Pe�opat7•If Bo[towa f�s Lo pe�f'am�the wvaiants����Y�sucb zs a
<br /> mae may�Y at�oa Leaaa•s eights' �,��y
<br /> tLi�Sec�a�Y�O�ac tha�e cs ;t legal P�'bceods°8 �),then l.r.nder tn�Y
<br /> prob�te,far omdana�tion ar forfeiwre a w eafarce law A �.�.s�ctioas maY incL�de
<br /> foc�ger is nxessarY�to�t����and I.eada's� �g ia cau� PaY�B i7�ti
<br /> an auas 9ocaced by over this Sa�uieY
<br /> pypm ys' fees aad mtesin8 on t3�P�p��Y to m�te re�i�s•A�ouBb�°°ay t�lce ac600 uada tLis paragraph
<br /> does�bsve�o do su. 7 s5alt become addi6on�1 debt of Baaowrs secured bY this�curitY
<br /> . �y�d�usod by Ls�ci:��usda this p�r�8rap� ���br�r intaest fmm the dstc of
<br /> Iasuumeot Ua]ess Baauwer nad I.eadrr�+oe�r d�a trsms of P�Y�
<br /> �u�m�eat at die Nate r�ie 9ad shall ba paY��%�L iatereu.u�oO�from Leader w Boa�ower requestinS PaY��
<br /> _a__�..:.,.a�oaae i�aucaoce as a caoditioo of m�iC+nB tbe baa saarod by ihis SaauiiY
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<br /> - Tas�ummt,Baaower shaa P�ap d�p��tO m:intaia the mo�t8a8�in��� euaa. :r, .� va ------ - - _ ._
<br /> b Leader l�es ar oe�es a be io effax.Bamrver sl�a]1 PaY t�e p��I�f0
<br /> moct�e ia�u�ooe�m►a�BC�� �the mor�e�P��Y ia effect.�t a con��Y �valeat w the
<br /> oblaio oovenBe sub�aotiaIIY�4a� �y m eS�'a�.fmm�a aitrsnate moctB�S� ia�ua appcoved bY �•
<br /> _ cast q Bamwa of tbe mo�tB�S� �P� ��pay�l,eader eac6�a svm aiu�l w
<br /> - - �1Y��t mo�tgage ins�ance oo�Se�net avm'1�Ta1e,Bom� a whm the iowr�sux oo�mB�� �0
<br /> �in�t�oe�e�suuu bem8 F�bY B�O ar oeasal
<br />_= an�t�+eifm od''u`,e y�"n��e aad cer�in d�ese PaYmeats as a 1�oss reserva ia iion ai mas'�r,afa insur�ce.Lc�s�esave
<br /> be a e�ect L�eadec�1�ec�.
<br /> Form 302a 9/90
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