|
. _ .,`� ' _-.. ..t.�x... ..... ....... .i_.� _ - �_Y�.. �- CL:.�'a"!i:
<br /> ....n_ ___ .�
<br /> �
<br /> _� i . . . -.. _ __ � __ -
<br /> ��.: L.F..�i•L,.:� . . . r .� : . . . . . � . . a _
<br /> •`c F' . . . � __ � i �... ,r . . . i•: . -i.. .fr _.-��t. -�.
<br /> './. ` . _ .,F� . _r. . . ' �' , - '1� .Y. �
<br /> , �y .,. � . , , .. � , .4': ,'y. . . . � _ .�.' . _��' r �n:s.
<br /> • .. .
<br /> . ,£ _
<br /> ._
<br /> , "
<br />- , . �.� . .._ . ( ' �.- r c, r'�� ' _ _' _ .Cz —_
<br /> .
<br />. . . �. • � . _ _ � . . �n � ..T — '
<br /> . :
<br /> -. .c , :.. ,.�.:
<br /> . . .. . � . . . ` .� c,.aj._.:.:- ....-..r_ .....� . f. � '
<br /> .
<br /> ..�...� ._�.- �'
<br /> - ' i - .—.�= � -.._..�-•f.:...�.�c i_
<br /> .. ------ � ' g�m�p�� -- = - _
<br /> � �:
<br /> � �.�arti or�erty Ins�ranae. Sotrowex sball keep impsvvemeats aow exist�ng os he�e�ected on the Prope:ty '`; ;.°:?
<br /> :,� _ . ;. ,,. �.::�T `� ..��
<br /> . insiued againsK toss by fu3.da�ds intladad w�hin dte tena°eat�ded oover�ge and any other ha�rds�includinB tTnods ar .:_. • �--,f,,:,,�;;
<br /> - . � ` tInoding.for which Le�des req�res�sssutanrm.'1Dis inswance s4�aU be maiata�ed'm the stmounLs and for the pe�inds that Leader `r.._�,• :�::•,'', ,,.
<br /> ,.�.,
<br /> , +: .r.�.:. .�,.,��,: .�;
<br /> � � r cequires.'�o insurance cairler pmvWinB tha inau�nc�c al�nU be cha�by Basmw�subj�cct w Ixuder s appmval which slm)1 aat �.-,�,. ;; ,. .� ,;:. .
<br /> ' . ., �� 6e �mreas�nably witMeW. Ii Borrowc� faels m mniamin cav�rage de�sai'b�d above, Leadu may,at Lendds op�an.obiain r
<br /> ' • , oovetage w pmtect Le�de�'s rights m tae 1'rope�tY-in�dance with paragcaD6 7. a st�dard mo e clause.Leadei shall ` i r���`T ,�
<br /> ,�. " . � . All ins�uance policics mid teaewafs ehpil bs aoo�tal�3s ro Le�tdea aud shall iaciude �8 l .,,..`.. . �
<br /> il ve to Lwder aU ts of d '
<br /> , • • dave the rigDt to haW We{s�licies and mmew�If Lender requires.Bormwer shaU P�P Y� �� � �'�,'���`.� � � .
<br /> ; m L c- ...............:. :
<br /> . �.`'" �a�s sad�ercewal nntis�s.Ia the ev�aai of tass.Bamawel shall�ve pmmpt natice m the insuYannce c�nriar and Lendea.Leader ;.t'`;:.�:
<br /> ��- may make Qmof of lass if aot m�e pma►pt1Y bY Bmzower. � F,:
<br /> _ �-�-- shall be applisd to reswiarion or repair of the _
<br /> -=F<=�� Unles�s l.eadrd and Banowes o�&�wise�e in writflug,ius�uaace pro�eeds . -.-
<br /> d ��
<br /> -_
<br /> . ..
<br /> :. i ;.�.
<br /> : '� . ° � �°•.<. PtoPem►d�nag�d.if the�estaislion ar repair is een�ami�lly f�ble and L.c�der's s�urilY Ls nut�If the�restorarion or :.,(. : .
<br />� , , �epair is not eronomicaltY feasibte�L�nda's�auin/wauld te lesse�e�,the i�nance Pms�eds aPP
<br />' seaued by�his Sc�uzety Insuument,wh�L��nat then due. with any excess pai�to Bonawer.If Bormw� abandons die '��;�_.'. ..
<br /> . .k,..:.- '
<br /> .. .- Progelty,or does aot�swer aithia 30 days a nndoe 5rom Le�der Wat the�oe��o��s� � f
<br /> . Lead�may ooriect the insusanc��+aceed�.L�der may ase the gr�ceeds tn repa�r ;f�`';�'�,:,.�. _.
<br /> : �� by ttits Se�ity Ins�t,whetner ar n�t th�+dne.'Ihe 3M1ay p�iod w�!begno whem the nouce is g�en. ' .` �
<br /> g
<br /> �`. Untess Leader aud Barmw�o�wi..e�ae in writing.anY ePDlicatiOg of piaceeils Oo princi�pal shall aot eatr�d ar postpoae :`,.�°� .
<br /> . �f�tn in hv 1 mW 2 ar cb.�ge d►e amount of the paymeats.If�md��h j {
<br /> � the dae date of the muntLtY F$Y� P�P cb. ' t=.
<br /> • � Y 21 the Ptupesty is as;qaued by► I.e�der.B�a�ver'�tight tn any insuranoe W��es and pmca�s r�u�8��i4 Ihe � � ;. �.
<br />-. � _ -'z Pto F�Y P�m��°�0A`��w I.ender w tl�e extent of tLe smns sep�red by this Secauit�►lnstrmme,nt im�ed�iety _ ,, ;-
<br /> ���e�a�,Mainte�n�em�SeaGeetGun of the Yrogerty; Bunrowe�s H�ran Appff��1.e a s e� ;�ha ,;�����'`�
<br /> OanP�9 <<,{,'>''r..� s,�f:.
<br /> `�4 . , g�s+pWel sball aoCapy.establisb,�n�tl�:Fcap2�'t�.Hoaowea's ptmapal a�Ce wit�a s�ry days�d�e e�n Of I r'lJI i�}'f �S . �
<br /> ° ri:���1 �is S�r I�sutuctent er�sh&II am�tin�a to a�g�dl�Fnaperty as Hmiawa's�a!tes.��fut at E�st oae year afc�¢� .<'�,'r,�����-
<br /> r, , , ,''; date of�cY I�u�o'� m �g+adois4 offnse�s s�II e�6��onably wrthhedd,ar oma'Y� ;;�;1"k�':�� ,;���A�t,
<br /> �� �« ��' � , a�t� Ir� � . � t��
<br /> .���
<br /> n���s �,y f���ti{ :� e�u�asc�t�er�s��1a�f�nd Souowes's connal.Baaawrr *s.aII c�aa�.ci,�age or mipaa th�Pcop�y, 1�� r�,.�?:���g�, ,��',
<br /> ' ` Baaower�be n a��uit if aay fodeii�e s�or �;,S `':'3' ';
<br /> '����1 �:/',��y''�{`�� '�r': 2BdW QI8�m Q�i Ql��11 WSSIB QII [hC plOj�'1y , a.Pt 3
<br /> � t �,,.�i}:� cvT�ei civ3 a��.g d�in I�'s good f�b�ndg���r�:�.foif�aue of t3�e Pa�p�tg or � '�r�r s�`a,i.
<br /> � _ �r P cti ';E �ImQ3ti L'4+C�����inctess!,T=-ft OI�.�Cd'8�6��LL'F'8�H'�C�E SBi�S 8 .;�;.., " ':�,_
<br /> ��s /l.� B 1�d�t10D OI 10 gSC�Wt�8 I�i�3Y,�A � :.;s
<br /> - Y���-� defs�ttt FaeY�staDe,as gmvided in� S,L��g P�8 A , :
<br /> Leu+des's gaod faith dc,t�rmination.Pr�frnfeiaae af the Borrowds�t�e.st ia the Aropeaty ar ot�ter mai�'ral�►t of . ,! .. . _;�.: �:
<br /> :f , ..�, .. .:, the tien cmated hY this Se�airitY Ins�a�i or l,endds secxaityr intr�est Barrowea sdall aLso be in de6nit if Barmwer�dmin8 the ... i�'_
<br /> _. - . ' lnan ap�ticatian pm�ss.8ave�at�Y�or inarca�ate iafasmatinn ot stat�ats tn I.enda(�s fa�ed to provide Lelcder witA ;_ �
<br /> . �.` �► ma�al info�aa�on) in conn.cdcm wuh the toan evlde�ce�by the No�,mclnd"aAg.bnt not limited m, represeutatFans �
<br /> Y � '
<br /> coneesnmg Bomower's mecuqancy of t�a PtopeatY as a FrinciPal resideac�.U this Secarity►Lis�neat is on a l e a s e h o l A.Hmtotivet � i..,;,....�,�.r-�
<br /> ' � shail cemDiy arith all the�ov�ons af t6�Iease.If Batrowa acquires fee title ta the Proptaty,the leasebold and the(ce atIe sha11 ,
<br /> � ,_t,�,�;
<br /> . :, ri0tmerge anlessLeaderagcees tothe m�Ser in wripu$. • � ,,.:; '
<br /> � � 7.R ot�tinn of t.cud�'s Rig6ta tn!�e�raperty. If Bam�wer faits to p�rfann Q►e oove�nants and ags�ents cuatalc�ed i� �:'r. ��
<br /> _— � G�a S�iry tn�catnens,os t�e is a le�!� �t msy signiframtIy affect LeaQer's dg6ta in the Frapesty(such�o :��_'
<br /> � ; . , r:
<br /> � praoeed'mg iu baakcaptcY.t+�bat�far oondannafi4n or farfeinue or to eaifos�laws or regutationsy.thea Lender may do and pay ,�
<br /> �' � far what�ver ls necesss8yy ta protece t6 V vatne of the Pr erty and Le,nda's rtghts in the Pmpeny.Ler�ar's ardans may include i L �'-
<br /> . neces ,-,%.
<br /> _ . � '.�- paying anY stm�s sec�eQ by a li�m vr�iirb!�prlority over this Sec�artty Insdt�eas. aPpe�mg m caurt.pay►tn8 r�abLt ''�.�;`' "--�+..:_.
<br /> a�nmeys'fees and a►�ing on the Property to make ce�aas.Althaugb Leader may ta1cQ�ion und�tL�s D�a�rayh 7,Iandrr +;`t°- _ __.�
<br /> _. " , does not 6ave ro do so. yo�, �
<br /> ''-� .;..°,c. Aay amo�mtv disbtused OY Lea�nr a�sr tdis Pma�aDh 7 s6a11 beoome additional Qebt og Botmwer seaued by this Seauity g ;, _-
<br /> ;r,l';�;��,.�i Instraaieat 1Jnless Basmwer�ad I��ee w other te�ms of paym�t,these�ta s�a]!bear�nta�st from the date of �. ----
<br /> � : y r `;�`t';} dLsbmseatte�t atthe Nate rr.�2�ut�liTepayabl�,wi�h int�t.Won nodce from Le�der tn�s�cwez reclu�►8 Payment 5 ,
<br /> e
<br /> 8.Martga�e Imv�tnr� Ef i�d�requited mortgage insurance as a cond�of�s�aS�mg tfie laan s�cuied by Ihis Sec�iiy • :.._,.� �__
<br /> �,�:. ;;., �
<br /> - , . Instrumenr.Barmwer s�g3Y�:e�niv��e4aa� m maintain the mort�g���elfecx.If.for any reasoa,t6e ,s�; ' , .: ;�,.-�.,.
<br /> :e
<br /> t . _ martg�e�xance co'�e�qa��3 try 1.�dea Is�ses or ceases m be in�fect,Bonawer�pay tDie�ms r�ad tn �` . � �,j,, _-_
<br /> ;_. .
<br /> .<.• . � obtain oa�"we subst��aIIY eciuiva�8 w the mo�ge insurano�previously in effec4 at a¢�:E.subs�tttiallY equiva2eni to the ,.f ;;� .;,;'a��1i��. = r;
<br /> � oost w Bmiowea of the mattg,ag��uance Drevin�tY in effea.from an altemaie mong�z��ved by Lende�:If ,;�.;�., ..,r;;;,:.::a .
<br /> - 3 _
<br />-- .. . � snbstantiaIIy eq�va�t tr�rt�'aga ia�aace cave�:is not available.Bosmw�shaU yay tu E.end�earb month a su�equal w �; .�,.,..�;
<br /> � �� :
<br />_ - � :,:�� one�twraRh of the yearty�ortg�,qe�sa�.re�bein8 Pa�d bY Horrowea Nhea the m�ae covaa�e lapsed os ceased w ;�'�.:'�,;,�.;��, :.
<br />
|