|
_-,�._�,:...,,�,.,.,..�......�._.�...,......._ ... .___ . .. __
<br /> ; . . �Z"`" �,1010t3
<br /> � S. 1lwrd or Tro�x�iy insur�nce. tlorro�eer shall kacp Uio Improvenxms now exisdng or htrcaflet orocted op the
<br /> � Propeny insuad agninsi locs by firo, ha�ants lnclndcJ wiA�in tho�erm 'exicndcA wvetage'and any ahtr he�uds,ir,cludi(�
<br /> : Ooods nr ttooding, fnr whlch i.cnd.r rcquires insunnco. This(nsurmxv shall bc nwintalncd in tlk�naums and for UK jxdods
<br /> �h;d l��xi,r ar7ulra;.77ia lnsumrRa.articr providing thc incunnx shall�chnscn Cy ilarmucr scbJr.t ro lar�cr's appro�ol -
<br /> whlch shall nm Ix unrcasonahly a•ll6hclA. If finrcmvcr tails io malmoin mrcrage dcscriUat abnt�c, Lendcr nwy, at I.cndc+'S
<br /> opilon.obmin covcrage m proiecll.ender's dghls in iho Pmpcny fn ncmrdance whh pamgraph 7. —
<br /> All Insnrance pollcles aM renewe�s ahatl be acccplaBle�o I.ender and sl�all Inc�ude n stnndanf nwngage tlause. Lerder
<br /> shnll have thc rig6t ro hold dio policics aM rtnowais.If I.cnder rcqulrcs,Dorcower shall promplly glvo tn I.cnder pll ttcelpls of
<br /> paid prcmiums nnd rcncwal noticcs. in�ho cvmt of loss,Rorcowcr s6a11 givc pmmp�notire ro tLe insuranro cnrder nnJlandcr. .
<br /> Lcnder may mako proof of loss If not madc prompiiy by Rnrrowca �
<br /> Unicss I.ender and Aortower o�henvise agrce In wrlting,inv�ranca procecds s6ai1 be appllal�o restontlon or rep�ir of�ho
<br /> Propeny dam.aged,If tbe rammilon or repalr Is economlcalty feasiMC and Lender's ucudry Is nm Icssened. If Iho rcslaraqon or
<br /> rcpatr is rtvt economical[y te.lsible or LenJer's seaudty�veutd Ee less:rnd,the imnranee proceeds shall Iw applied to thn sums
<br /> sm�ut by this S,curity inswnxn�, whether oz not then der, n•ith any exmss pa:d to�orrower. If IIurrower a0.uAxs tir.
<br /> PNpCIiy,or das net ansx•er.��iiNn 30 da��s a naiK from Leru�er that the iwxcance caM.r has offercd to settle a clalm.Ncn
<br /> Lcnder m�y mlf� thc insurance pcoee�ds. L�:ndzr may ux the proct�ds w repsi� or rcstore the Pmpeny or to Qay wms
<br /> secured by this S;curity Instrument,whether or not dr:n duz.Yhe 3'J-day p:rioQ xill begFn ahen the no:icn is given.
<br /> Untus I.encter sxi Ilorrox�er o�6env(se agrtY in writing, any applicaHon of pmntds to pd�ty�! shall not extend or
<br /> postpone the duc date uf die momhly paymems rcicrtcd �o in parngmphs 1 and 2 or changc thc amoum of thc{�ynr:ats. ]f
<br /> under paragraph 21�the Propeny Is nequired by l.ender, Aorroorr's right to any imurana pollciu and procecds resul�ing from
<br /> da�nage io�ho Prqpeny pdor ro�he acqutsitton shall pus m Lender m�he ex�ent of the sums secured by thfs Secudty]rotnsnrnl
<br /> - immM3,:u:iy prior to the a.quishton. -
<br /> - F,.Sfc��s:�ncy,!'raervalion,Tfalntenance and Proteclion af Ihe Pmperty;Borroxer's Laan Appllcatlon;I.caschohts. _
<br />._ }lorru,.tir sh;ill accnpy,es�eblish,and use�he Pn*p�:ny as 6orrower's principal restdence xithin six�y days;efler lhe exaullon of _
<br /> ihis Seeumy Inslrumc-r.and shall cominue m ocaupp�he Pmpeny as Oorrouer's princip:l residence fnr at Iwsl one ycar after °-
<br /> �he Aai:of occupancy,r.nlrss Lender wherwise agrxs in wming. a�hich wnsent shall nol h unrcasonably viihhelA,or unless -
<br /> ex(Cmin�ing cGcunei,n.ci exist wni:n ure beyond Oorron�er's comrol. portower shnli nm destroy, danxige or iap�xir ihe ___
<br /> Propcny, allow Ihe i+mperty to deterlorate,or rnmmil wacte on �hc Proptrty. Qorrower.hall Ix in ilefvl� if any (urfeiturc __
<br /> enion or proceeding, �rhGhcr civll or criminal, is Ucgun Ihat in Lendei s gaad fafth judgmcnt could xsidt in Porteiwrc of the ">
<br /> Propeny or o�hernise msterialiy Impair die lien cruted by�61s Securiry Inswment or I.enS.r'�securiiy intercst. Uortower n�ay =
<br /> cure such a defaul�and rcinsia�e,as provided in paragraph 18.by cxusing�he actlon or pra��ting�0 6e dismissed wi�h a ruling :J.:�-�
<br /> tha4 In I.cnder's good (ailh dc�emtinailon, prccluda forfcimre of thc 13ortowcr's intem.i in ihc Propcny or o�hcr matcrial _
<br /> 1m�ir.r�nt o!iFe Itcn crcatcd b�fhi:�^urit; !n�!n!men! er!crv�r%s��r:•y in!tmsL Qetmwer g,=_!! zIN!w ir.de*ault If _-
<br /> Qorrox�er,durtng ihe Iwn npplfca�ion proceu,gave materialty(aise or inaccurate infonnatlon or s�a�emerz.m I..ender(or failed =-
<br /> to provide Lender wf�h any maierial(nfomia�ion)in connection with the loan m•idenced by�F.e No�e,ind�sling, but na limi�al fi��
<br /> lo,rcprcsen�atlons mnmming Qorro�xcr's acupa�xy of Uic Pm�nny as o pdncipal residc�sa Ai tlils Secudry Inswmert is on a z.3�"�'
<br /> Ieasehold, Aortower shall comply with ull ihe provlsfons ol rt�e I:ase. I(13urro��sr n.yairrs fce �i�le m �he Pro,c:g. the - -
<br />- Ieasehald and ihe fee�i�le shall not merge un!csz Lendtr agrces m xne n;erger in wri�ing. ii�:��:
<br /> 7.Prolcellon o4 L.enJcr's R�ghts In the F'rapert�'.If Dorrou�r fnlls�u periomi�he co�•enants and agmemrn�s crom�incd fn —
<br /> ihis Securi�y Insinane::,or�here Is a Iegol proceeding �hat miy significantlp�(fen Lendtr's rig6�s In t6e Propeny(xuch as a .
<br /> proceedin�in b:+nknip:cy, probate, for mndrmnaiian or tor@iure or�o enforce la���s or rc@ula6om),then Lender may do and it'�--.
<br /> pay fur wha�c��er is necesxnry �o pro�ca �he value of�he ProFrny and Lender's righis in�hr Propetly. 4nder's actioas may �:'`:
<br /> Include paying nny senu srtured by a lien which has pdori�y over �hfs S��curiiy Ins�mmem. appearing fn mun. �ying !�':�
<br /> reuonaDtc mromeps' kes nnd cmering on�hc Property�o m;ilcc repairs.Althaagh Lender may�ake actfon urAcr ths paragraph ;::=--_:
<br /> 7,Lend¢r docs not fia��e�o do sa. --
<br /> Anp nn:oums Jisbursed by I�nJer uMer this pamgraph 7 shall become adAiiior.al drM of Ik.rro�cer secured by Uds „'„�
<br /> Security Invimment. Unless Oorrower and I.ender agrce to oiher�crms uf paymem,ih�sr.e:ivams shall Aear intercs�Gom �he
<br /> date of Jisbursentcm a� U�c Notc m�c nnd shall h p�yeble, wi�h intcrcst, u�wn no�ice fv�a Ler,d.r �o Dono���er rcqucs�ing �������
<br /> in?
<br />.. Payment. �,_�..
<br />- 8.�SorlRxge laanrente. If Lender rcquired u.�r+gage insur�nee as a cnndi�iou nt nnking ihe I.cro se:urni by�his Securi�y �',�-
<br /> Insuumem. Uorrower shall pay �he premiums �rquired In nNinUiin 1he mongage inenran:. in ef(tc�. 1G !ur any reawn, the °�_.
<br /> nwrtgc�gr insurance wvemge mqaired 6y Lender lapses or cr.n�e.m 6c in effmt. Onrru�.rr shall pap�he prcmiums required�o E'---�-
<br /> abtain cortragc substantially cquhairnt to thc mongagc insurancc prcviou.le in cffat. ai a cn.�snbsiamially cquivaler.��o�hc �„"
<br /> msl 10 I3arwwer of Ih.e mongage insurance pre��inusly in e(fmt, fmm an al�:rna;c mor�page inwrer approred by Isndee If ���?��
<br /> snbslanlially equivalem morigage insutance mvcragc ix nnt araila6le. Rorroxer sh:dl pay in Lendtr each month a sum equal io `ti.�
<br /> i,..:.
<br /> one•Ix'clllh af�he)•eady martgage insurancr premium heing paid b�•Dorrmctr uhen�he inmran.e coven�c lapstd or oeased b "�'-
<br />- fp_3.
<br />� be in efkr•1. LenJer will uccepi,use a�d reiain�hcce pa}'menn:n a lo.. rcurce in liru o( mongage insunnm. Lo.s cesene ���'.-.
<br /> �.,_.
<br /> Fo�m 30Id 9180 �Y.�-
<br /> !he]o•6
<br /> �Ai'
<br /> • �.�. .
<br /> �-..:
<br />- ,�+-c_+r rntlFA'r,'1n:3'}.:EF:Fr�•...-fti"•31�y71, .,p[oY'.V��.}i7�,s: . ,. •i�:r-.a ve• zte'[o.-':tercr_vd�>�]?37Y.,':d4�'�a�:?tifnW'� 5••+n;.�*n.�r:>n:.
<br /> �7 ^�I�i' . . . � . . . .. . . � .
<br /> .��
<br /> �4�'��J• s .. . . .. . _ ' _- . ," .
<br /> ,!���r-- - : --' -- - . . _ ' - - .
<br /> � �r i i't
<br /> �[�' . �i. < - . . ' . � .
<br /> i:r
<br /> �rY`v�'ly � � S , . _
<br /> , -t.'- .�,'. ,
<br />. ' ' _ ':i,_'" . . .. . f - . . .
<br /> -.5":�' �5��1�- � . - ... .
<br /> 14 _
<br /> �:aC!`'.C' ' . ' . . . � .
<br /> �r •
<br /> r } 1 - - • .
<br /> � � � . . . . . .. - . .,
<br /> � �. [ S �ll• �,:. . . - . . .:N �-.�_ _�- 1..�2w4
<br /> -� )" �--"� � i c`� - ,:,; . ..... � . -: •'..
<br /> r y f .
<br /> r . sf. .. �1 'hr4��5� cf.»�. .. . .._ . . ... .. .. ... .. . . . i. . ._,. .� . . . . . -.
<br /> .,..,�.� , .j.:
<br />
|