|
,- .��t�er:.wwaenesv�nuen«nr............. ......�.... .....��.�.,....._ . _. . . .. _ .. . .
<br />='�'` 92�, ��.tt�.5s
<br /> 5. Hazard or Propetty tnsurance. fiortowcr xhall kcep thc improvrnunts rrow exiaUng or herw�cr erecled on pro
<br /> Pmpeny Insuttd ngainst loss by firc, ho7ards Inclndttl wllhin�Lo�enn'extcndcd c<iremgo'and any oiher hazards, Including
<br />:_.__, OoMa nr tl�xxtinc, tnr whi.h l.endcr rcqnires insurann�.This hnumnn shall IK mlimaincd in�hc amuunts and fnr tl�c p�d(xls
<br /> tha� I.cndcr nquires.Thc Insurnmr carAcr pmeiding�hc insurance shall be choun hy 1lorrmvcr subJa�tu Lcixlcr's approval ----""`----� -�-
<br /> which sh�ll noi Ue unrcasonably wi�hheld. If Dnrroirer faits �o malmain rnvemge desrribed abnve, i.ender nuy, m I.en�icr'e
<br /> -:�srr oplinn,nbialn mvcr2gc io pm�cci I.cndcr's dghis in ihc Propcny In acconiancc u�ith pangmph 7.
<br /> - --- AII Insurance pnllcics nnd renewalx shail be accep�abie �o LenJCr and s6all inctude n sianJanl mnngnge clausa [.cnder �--- �
<br /> = shall have�he dgh��o hold the pollcics and renewals. If Lender rcqutres,Oorrower shall pmmptly gfve m Lendcr all rteeips of
<br /> -`-=� paiJ prcmiuuu and rcumral nu�kes.lu if�c zrem of lo>s.Dortow�er sl�all gire pton�pt noticc tu�6e insumncc carricr,iH1 I.onder. --- � � -
<br />__� I.cndcr may makc proof ot lou if not madc promptly by I3orm�vcr.
<br /> -?;L�.,� Unless Lcnder aaid Oorrowcr othenvise agrce in ad�ing,insurnnce proceeds shnll bc opplied to res�amtion nr rcpairof�ho
<br /> °='� Prop:ny damagai,if Iho rtstaraiion or rcpair is emnnmicalty feasible and I.ender's scenrity is no�Iessened.If ihe reswrotlon or
<br />:��,� rcpatr is noi oconomlcally fa�sible ar Lender's securi�y�rould be Icsuned,�he irsurnnce prexecJs shali be aQpiied to�he sunts
<br /> __:�,Y s�ecured by �his Secudty Inswnxnt,whether or noi �hen duc, wiih any exces:paid �o IIorrower. if Hortower abar.dorts Il�e
<br /> ;_;��j Propeny,or�ias na�uwer wi�hin 30 ctays a notim from I.ender ih�l�he insurance ca�rier has olTered io se[de a claim,then r � ---
<br /> "i Leitdcr nt�y mitett the insurance pnxcods. Lender may us. the ptowcds �o rcpair or mstorc thc Pmp.ny or to p�y mms
<br />'`�,�';�-� secund by�his S:curtty Incvunxnt.�rhether or not thrn due.The 30-0ay pedod o�ill 6egin wtun thc noiin is givcn. _---
<br /> c�. Un�ess Lender:ucd Sorrou�er aAernix agn. in �rriting, any xpplication of promcJs ro prir.cipal shall nnt exterd or -.
<br /> st ne Ihe due Aate ot�he monthl � nkms referrcd to in are ra hs 1 aid] or chxu e�hc anmur.�of�F.e rments. I( �"'� �
<br /> ,�; Po f� Y P•Y P' 8 P F P'.
<br /> --�. under paregrph 21 thz Propeny is acyuired Dy lAnder, [brtnteer's right[o aqy insurarnY �licla ar.d praee.ls resnliing from c� -
<br /> damago to the Propeny prior to 11ce xcquisition shall�ss Io Lcr.derlo tlle estenl of Ihesun�s stturecl b� ihis Stcuriq�lnctrumem �' ____
<br /> Immtdialcly prior to thc acquisitinn. � •
<br /> 6.Occu �nc Preservati���,�talntenance and I'rntco�inn of Ihe 1'ro rt ifm•rmver's Loan A Ncatlo�r,L�a�eholJs. ..���`'��
<br /> �� P� Y, !x Yi PP l., kt� - —
<br /> Qortower shall occupy, es�abli.i�.eend use�he Pmpeny as Durro��cr's princlpal residence wiihtn six�y days nf�er thr et cmlon of ����<< 7i^
<br /> �a �his Sxumy Ins�nm�znt �nJ s6ai1 mminue iu oc:a�py ihe Propeny as�orrower's pr3ncip�l residen�Y�r ae Ieas�wx yrar afler ��fx�:' _
<br /> �n�rN' �he date of occupaacr, unless Lender othenvise agrcas in�wiiing, whlch coa+em s6a11 nnt be unreasunaFly�vi�hheld,or unlesa rh>�� '�a; :�
<br /> � eztenuattng circmnsranecs exist which arc beyond Oortower's camrol. Onrmwtr afiall not desiroy, damage or impair �let �?r� i�}��"`' -�
<br />�.;�r„�� Pro n nlbw thc Pro n �o de�eriornte, or commit ua�e on�hc Pro tl . Ilorro��cr shall be in defaull If nnr tnf(Cilum ` � ---- "
<br /> P� Y. P� Y Dz Y 1,E}:�;�;:'_-.-
<br /> t;_-i. ac�inn or prax.ding, whnher civil or criminal, is Ixgwi tEnt in l.ender s gucd lxi�h Jndgmer.t could result in Por4�icare of�he �*'�t� �-„
<br /> Propcny or oihen��i4 materially impaG�he lien crea�ed by thi.Stcodq•1��.<�mmer.t or LenJer's securily intercs�. Dotrower muy �S�A�Li;
<br /> �}� cure such a de(auh aad reinstme,az provided ia Qaragnph IS,by cavsing�h�ncifon or procecding to be dicmissed wi�h a ruling �$5..j',;•
<br /> � iha4 in Lender's good faith detemiination, prechidcs furlcilure of ILe Qo:rnw�er'x inieres� tn �he Prnpetly or other maurinl ,�S�t�'��,k,��,_ `
<br /> -��c� Impairmem of the licn creaiM by ihls Sceur(ly Insumttcnc nr Le�ultt<secnrily in[etesi. 13orrower shnll nlso bc In detauli ii i ry;� `�- --
<br /> "7`tf" Y=. .
<br /> 6orrmver,during�hc loan applicalfon process,gave materi:dl� fake or Inaceurate infonra�ion or st.r.emema�o l.ender(nr failed q
<br /> �',� m providc Lender wiili nny matcrial infonnation)im m�ncc�ion wiih thc lmn evidcnccd 6y the No:e,i::c,o:4ing.M1m nw limiced i k��j�'(t• '�"
<br /> s��
<br /> �`'" lo, rcpmsema�tons mnceming Dorrox�er's ocavp:mcy of�he Propeny ns n princtpal reslJrnce. If�his Sc�uaay Instrumem iF on a a j�'-d ,?y` ,.
<br /> a�$t�� Icasehold, Dorrowcr shall comply �riih all Ihr prorisions af�hc Ieaae. II Oorrowcr zcquires fm �i�tr m �hc Propcny. �he � „�{� „ � :
<br /> -?i;: Icase6old and�hc fcc�itle shall no�mcrgc unlcss Le�dcr ngrecs ta Uic mcrg.r in a�riting. #r'r�'35;il �''�:`�-
<br /> b����� 7.Protcellon of I.ender's Rlghls in ihe 1'roperly. If Dorm�cer(�ils�o perfarm �he rovenams xnd agnrmems containtd in �i �'��'�p� -.
<br /> -��� dds Stturity Instrumen6 ar�hem is a Iegal procecding �hai m:ry significamly affat LeMCr's righ�s in the Propeny�such ac a , tt�{--"4i� `
<br /> "�4t:'� proceeding in bankn:ptcy,probate,fnr condemna�ion ur forfcimrc or�u enfortt law.or rcgulaiions). �hen Lender may do and �r- i7 "v --
<br /> �--�'� a for wha�erer is necessa �a ro�a� �he��alue of the Pm n md I.enJer's ri•hts in the Pro n Lender's ac�fons ma 4-s -;'-i+[,r`�
<br /> �i .� P Y rY P P� Y � b P� Y• S ,_s 5n: -
<br /> �-.-;:�a include payfng any sums secund by a licn which hax priori�y ocer �hi� Sewriiy Ine�rumem. appearing in mun. Paying � } { S-t.r --:
<br />...y;;��4a reasuna6le nuorneyi fees and emrring on the Propeny to maAe repairs.Al�huugh Lender may�ake ac�ian under ihis pamgraph i A±�gS 1{,,}.'�<�.
<br />. -:H�rii� 7. :.Cndti doCSROI L+_vC lodo tio. �Z y�j�'2J�?;,�:
<br /> '�„t(� Any nmaums di;buned hy I.znJ.r undc� this pangr�ph 7 shall bemme zddi�io�al d.bi u(Oorrower secureJ by this #f��ij�.��':
<br /> f�:� Sccuri�y Inslmmem.C"nlecs Qurro�rer avd lenJ;r agrec to nthcr Ienns of paymcm, thcx mnoums shnll bcar intercst Gom�he i %� „
<br /> r-�� date o(Jisbuncmem a� thc Nmr ra�e and �hall M pay:�hlc, wi�h intere+�, u�wn notice trom Lender ro 6orrower requu�ing ;����i 4�i
<br /> ,`, payment. t ._if
<br /> a 8.lforlgagc Insumnm. If I.cnJcr rcyuircd mnnga�.inwrancc a+a mnJi�ion u(making�hc loan sccurcJ by�his Security +��mi -���r�.. `
<br /> _7�_� Instrumcm, Dovnw¢r tihall pay �hc prcminnu rcquiceJ m mvntain thc mnngagr insunncc in effca. IL (or any rcason,thc i'�t^r^ °•.
<br /> t--f morlgagC insuranee enverage rcquirtyl by Lendtr lap�ei or•tax�lo be in effect.Ilnrrot�er .hall pay the premiums nquircd to r--.� ' .
<br /> obinin mvcragc suhstanti:illy equi�alem to�hc mong�ge in.urancc prceioucty in rffee�.m a ro.�subs�antially cquivalcm �o thc +
<br /> _ � co.� �o Uorromer of�he m.ntagr m>ur,mce prcrioudy in rPftt�, fmm an:Jierna�e mongage insurcr approrcd by Lender. If r2�f•a�f'��r 1•�
<br /> - subatamially cyuiv;dent nwrlgagt inwranec mrcngc ia noi araila6lc.ISnrrmrcr.Fall pa� lu LenJcr cxh month a wm cyual to } t� �
<br /> +'l:y:[ ono-la�cl(Ih a(Ilet ecady mongagc mcur,mcc prcmmm hcing paiJ Uy @�rtmrcr�aFrn Ihcinwrnm mvcrage IapsN nr.casd to 7+(�7(�f -�•-� -�.!..�
<br />�;�:_�fr_ry he in ef(ec�. Isnder•.eill 2aep�.ux anJ rc�ain ihe.e p:ry�menb a. a lo.. rcKrre in licu of mongage inwnnca Ln>s re�en•e ;,,ilyl;(.fE�3,;1;;;''-;:
<br /> � )rCT�} ^ y.='-�-
<br /> Fo�m3020 9i�J0 � i��_:� �
<br /> '_ �. .�...r. �' :t�..
<br /> -- --qq ��l.j;n�" .
<br /> �` t•7Y'fPi�*G�'Al."'3Y.V}� . .F':t_:i�? - _ -iw, . .. ... �., t- . � . . . . '" t .. - . ..- "_' u.. .. I� .. . .
<br /> :t�).� ._t:- . � -
<br /> z�S'__I ..! ':]... . , .
<br /> i•l'
<br /> �.7,. •
<br /> a'�j��t{a'i.r •� . .
<br />�':j., .�). �:.L: • .
<br /> :•�.'f`�.� � . l . . . .
<br /> 1�,� ��._.� _.j�-�
<br /> li� ��.
<br /> =�_�Y� . . �
<br /> � [_i.l�� . -, . -
<br /> L�<.. ' "
<br /> �4r^�,Yi.:- ' _
<br /> 4�l f
<br /> �t +��
<br /> 3�t �a
<br /> J S � . .i t. ' . —` _
<br /> y -�. . .. , : � -,
<br /> ` .. .
<br /> i - . -. . . . . N . 1 �
<br /> ��,+ ` - ' . .� . . - . . - .. . _"_ . . . -r' + ' � -
<br />
|