|
� :lr�i-T �� �r3,,�,, L� (x. � �d RF .f ' t - `I)�-
<br /> - ��F �3ri�{.- i�(�H}`rS� � � i ���rnA1r F, _ , � '.- .{��: }i� � � .
<br /> � ."".'.' � �'�,'.d�,..^`�`��'L�"__.�}4i„! ....�._, _ .
<br /> �,.,,:n , . ,.�....--._.�._..�:_ , .._.
<br /> ' �,�a,,. �.���
<br /> perlals ihm 4cndcr rcqoiros. Tiw liuurancscurier provlding ttm insoranoo ahnll tw d�nsen Uy IIooro�eor su6Jcci to IFndot�
<br /> nppmval wl�ich sh�ll not bc unrccsnnabty trhNrcld. If iiortnwrr feils to malntain covcrosc ducrih.b al�ave./.u�Ju mny,at —
<br /> Lendcr§oplion,oblaln cove�,go�o protect IRndcr�S d�Irts in 0�0!'ro�xtly in actordnnce with pflrograph 7�
<br /> All lnsutanco poHciu m�d rcnnvnls sha!I W acceptabie to I.endor nnA sball include n smndprd matgagecl�um. l:aidtr
<br /> shall have tlw dght W hoid tho policics nnd renewnls. !f 4tnder rcqnircs,Dorcnwer shall prompdy gtvo to iFn.ier ail rtttip�s -
<br /> o(paid prcmlums and rc�r.wal nalces. Jn�ho oven�of loss,6ottower shall g(vo prompt nmlce�o ihe insuru�ce curler and
<br /> Lcnder. I.tnekt may make proof of loss if na made promp�ly Ly IIonowcr.
<br /> Uricu Lcndcr and IIorrox•cr aixrwise agm In wriAng,insuranco procceds siiall Yo appticd to resiur+�ion or mpair of
<br />- tiw Pr tty dam�gcd,if ita rcsioration or ropalr is economicaily faisiblo nnd I.endcrk security is na Iesscned. If tha ' � �
<br /> msroro�on or rcp�ir is noi econonilcally huible or Lsnder8 stcudty would bo lessened,ti�e insurance procr.eds shxll be
<br /> npplled ro�h:sums secured by this Securiry 1mWmem,�ehether or not then dua witti:my oxcess pnid�o Rorrowor. It
<br /> Oorco�ver abandons the Propeny,or does na ans�eer wltLln 30 days a notMo[rom Lender thnt tho insunnco carrier has
<br /> of(.red to sMtle a clalm,t�r.n Lender may mllec[dw ir�surance pmcerds. Lender may use��o p�oteeds to rc1�ai�or ttsloro
<br /> the Pm{n:rcy or�o pay sums xYUred by ILis Stturity[nstxvrtrcu,vrCed•r.r or eat�tten due. '[he 3Q-day perlod will bcgto when
<br />. che r.mitt is girtn. .
<br /> Un!ess Eender ar.d Barmwer ocEsrwix aaeNe ia viriung,any a��ica[ion oE proceeds ro prir.cipat s6all not enteud or
<br /> postpa:e�x due date of tha mon�hty payrr.er.ts rcRrccd to In puagmphs 1:ud 2 or change tto:amavn¢of the[+aym:�vs. [i
<br /> unckr pangraph 21 ehe PmEcny is acquired by LsrrL:r,Oortox•cr1 n'gM�o any tnsvran�v policies onh Qroceeds resutting
<br /> from damage to�he Propeny prior w the xe5uisiticn stwtl pass to 4ender to the extent of the sums secund by tlJs Security
<br /> Insmiment immediately prior to[F.e xquisitim.
<br /> 6. �ttupancy, 3'ressn��tie�, \3aFntenance mid Profrrtlun of the Prm�riy; Bnrroxer's I.oan Appllcalt�e;
<br /> Ltueholds. Dorrower shalE eccupy,Ma6lish,and use the Propeny u Oortowcr�pnncip�l tatdentt wilh(n sixty days�Rtt __
<br />_ the executlon ot this Sacritp Ins�mnr.ut:.rJ:hatl cenQnue ro e:cupy the PreF rty u Borrowrr3 pdncipal residenco iw at =
<br /> least one yeu afler the �u of occup+my, unlr_cs lsnder othenvise agras in eriUng, which conunt shall not 6t :,-
<br />� unrcuonably withUeld,ar voless extenuating circunat:rnces exist�vhic6 arc Ee�xri.A liorro�rerl toNrol, itottox�er shall r.M ;`1�,�.�
<br /> dcs�roy,damagc or impair ihe 1'ropeny,nllorv thc�'iopeny�o deteriora�e,or eommit waste on the Propetly. ifortower shai! .
<br /> be in de(ault If any farfcimre anion or pracerdinc.�K�e�r civil or eriminal,is begua lhat ia Een+_<t�goal failh jndgmen[
<br />- coutd rcsufe in(orfciturc of�he Pre.1�ue3"er.a:i�ea+«se ma�edally impair the litn crcatcA Lr 3nis Suuriry Tnswmerte or
<br />- I.enders scrzuity incercst. 6ovo�nr may c�ue si>:h xdefauli and rcinstate,as prova�cd in pamgrapfl 43,by causing the action _,,
<br /> or proceeding�o he Aisn:issed x�i�h n n:ing�lat,in Lenc@rk good(aith demmiinneiui,precludes fodeimro of eMe Dorcowerl i;':
<br /> in�en:st in the f4operty or o�he�material impainrt:n� of�he Iten created by�his &curity Inswmrnt or LeaAerY security -
<br /> imcrest. Sortouwr shaSS also be in defau'a if Oomower, during die loan appilca�ion praeu, gave ma�ciially false or __.-
<br /> inaccurau inf.�mation or s�a�ements to l.ender(or tailed w providc Lcnder wiih any matedal infortna�ton)in connectlon whh
<br /> Ihe loan evidtnttd by Ihc Note, inciuding,bul not Iimited �o, rcpreseNa�ions conmming Dorrower�s occupancy of A�o
<br /> -Propehy as a principal rcsidente. If tlds Secerily Instrument is on a leasehold,Ronower shall comply wiW alI the provisions
<br /> ' - -'- ' ' ' ----.
<br /> ot the Icaze. It Uarra��rr a:qmrcs�ce utle�o�ho froperey,the Icaxhold anJ Ihc ice:d�ie ahull nul i�ici�d iiTdt i --x-- °--' -
<br /> -GI q ICG] � -
<br /> ID I�IC II1Cf$Cf IO WfIhO�+. �-'
<br /> 7. Prolecllon of Lender's R(ghu In Ihe SYoperty. If fiorcower tailr oo perfomi �he covenanis tnr,? a�cements
<br />- - comaincd in this Sccuriry Ins�mmcnt, or�4re is n legal procccAing �hat may significar.�ly aftctt Lendcr4 rig�IS in the
<br />- Propeny(such as x praecding in bankm�e:y,proW¢,tor rnndemr.aiian or fodeite:c or 7nenia��laws or regula�lons),theu —
<br /> 4ender may do and pay Por n�6atever Is r.cttssnry•to pro�m�he���Ine of�he R�cr+y nn�Ln�ser's righis in �hc 1'roµny. ' - .
<br /> l.ender�acdons may include paying my suns secure:�6y a Ilen which has prioricc o�.�er thia Secur�y Ins��umen4 appeadng ' ��_
<br /> in coun,payin rcasonabk anome s'fces a�d cmcrin on�he Pro rt �o makc re �rs. Althro h Lender ma �ake nt�ion '�;k'��°'-
<br /> 8 Y S P� Y W S Y �.,4.�-�
<br /> under this paragr�ph 7.Lendcr does na have�o do so. °::�le,'-
<br />" Any am.cunis disburscd by Lender ender this pamgraph 7.6a!1 become addiiionnl d:£c eF Bortower sccurcd by thi: '"'.�;�E`=-
<br /> Securit imuumem. Unlcss 6orto�eer and Lendcr a rce io o�hcr urms of a mem.�here nrt:«w�s shall bear intcrut from thc ��r�t�.�:.-
<br /> Y S P Y i,+Fr;�:-
<br /> dale ot disbu�sement at ihe Notc rate and shall Ix payablc,wi�h imcrcsl,upon no�ice tto:n icnder to 6orto�vcr requcsilug .�,�,y�_.-:
<br /> i mem.
<br />� P Y S. �Sorlgage Insurnnte. If Lender rtquirc3 m�ngage insuranee aa n condi�ion ot mn}:ing iie la�n k.�cured by ihis "�(�',�t°=
<br />. Securi�y Inswmen6 Qortower shall pay me pmmiums�cymrcd to maintain �he mongnge insunna in cf(ect IL tor any tri a�
<br />- rcawn. �he mongage insurnnce cncer:�ge nquired by I.ender lapses or ceaus to 6e m eifec{, BoROwer +hall pay the E�rx��i!`-�-
<br />-� rcmiums re uired �o obtain covcra t <nM�aNiall e wvalem w �6e mon � e insumnce revioasl m e(fecL �t o co�i �x=�;j'�---
<br /> P 4 b' � Y q � 6•R P Y � .tr.�.�
<br />• substamially equivalent to the cost�o Borconer et�he mongage insuranee pmviously in e(fec�,from nn elicmate mongage - --
<br />- insurer a rored b Lender. If subsl.vrtiall�c ui�ai�ac mon a c insurancc meera c is no�availab:c.Uorrower shall to �a=��'-.`
<br />- PP Y ) 9 S S F P3Y cv;r,O__�.
<br /> Lender each momh n sum equal to one•t��el(ih o!dk}eady mongage insurance premium being paid by Dorto�eer when�he ,t-•L,r.-.,-::
<br />= insurance cover�ge lapsed or ceucd w Ix in effect. Lendcr will arcept,use and rctain�hese paymenis u a loss rexrve in lieu -' �-
<br />= of mongugc insur.uicc. Loss resen•e paymm�s may no longcr tt required,a��hc op�ion of I.ender,if mongagc insurance r �t,�:.,
<br />- corerag.(m the amoum and for the periad�M1at Lender reyuires�gr.�v�ded by an insumr appmred by Lender ugain becomes �.�-�'•-�
<br /> m�ailable.nd is obmirsed.Borto«�cr shall pa�•ihe prca�iumc rcquind io maimain mongace insurantt in e(fect,or to provide a t;,s„;:'i�i"
<br />-- loss rescrve,until�he xe:p�irement tor mongage inisr.mce ends in xccordanve-���m:my w�rinen agmement betzcen 6ortower �;;�(t:.,:_
<br />= andLcndcrorappllcabll�w. ��zi{�;-:...
<br /> 9. InspttUon. Lender or i�s agem mry makr rca�ona6le entriea upnn nnd 1n+pec�ions of�he Propersy. Lender shall >��y«. --
<br />- give Dorrower notice auhe�ime of or prior ea an insprclinn sped(yao=rea.onabie cauk(onhe irop.nion. .�t '_ ��
<br />' 10. ConAemnallon. 77�e procecds of zay mcard or d.nm li,t e.unag�..Jirccl ur mnxyuemial.in.ouaec�ion�cilh,ny ��+,{ ,-+
<br /> SmeleF.undy..FSnnkllatFnEdie\IatC�IFOHN15tiTRl?iF.�'[-Cm(ormCo�er.v:n 9'N rcrrt../n�vp��i ;�f'4`".
<br /> �,..w..�.�,,., -T> : n. _?4.,
<br />_ f�(ti%tfatlMl.J�fu+< Pl\i16:91.�111 Ir,� "f',.
<br /> f _.'-� .
<br /> � :
<br />. ::i','i';'i�v�-'�.r:r,'2':_cStih ' `_ . ._ , -� �!t":b. .. ��.{jf. `f'__ .� _ . ._!-' r . . T.a:'a{SI�A�[�..::Hr... .
<br /> ��� �
<br /> "�.�f_.�:i1 � . . �.
<br />�1 ' � �},' . . . , . . .`
<br />. . . +N :C.
<br /> . ,, . Y �� - . . � .
<br /> . ,
<br /> � �
<br /> �
<br /> .. � _.� . . . . . . . ..
<br /> .
<br /> ..�.�-: . - ___ .� . .:�.ri ti :I____ __ _____ __ _ _' .
<br />
|