|
�,:�� �.:i:�: - �::<� =•° ,��
<br /> �'�— , , �, - . � �,.L -.
<br /> � , ' y �'. � '� x
<br /> � : .. , ,� _ < < .
<br /> .� . : - . ! `�' -� . y: ��. . r. . �. t r xt.� u ,.
<br />. _ _ ,. r � �'� .1 �t � �, r c� ,. _ . - . .r � ( -t � - � . k- _ _�.
<br /> ' .1..`t'�< � ` 5 . .tr��t.w ir i.' f .. . . , . _ • z �. ..rs,` �c<` �"F,' _
<br />_ , i ' - . { " _.�'T_' �' - _� _' .�_- �� .' _' ' _ , -'A c l. r
<br /> d._ ��._ � . . ' . ` � � .' � 1`� ' . �4'. ,s • ' . . .
<br />- t _ �'' �F . - �y c. :t.'. . � , ' ' �, ` , '. �`. . . ., . r , �, � .
<br /> �a•-
<br />. '` `�<<' , ,e.� 4 . � _ . - , �. i� }` � , u. .�.. :..: .` -
<br /> . .. �. . 1. . cc - , < , j6 ,e• _ � `.
<br /> '6� . . � .... ; .. . _ . . . .. ..... . .s.�. t m,
<br /> . , � . .a - � -in 't<<a .L .
<br />.. ^ a i - �-r`' 1 ��• . . .v. (�.` 't:' .
<br /> �.(} ,� �w1y •t 'H' .�.�.� . .
<br /> u r �� ,��0�� t F
<br /> . 9� .
<br /> µ�N.`��� �S. Hn�ard os PrupertY �ce.8orrou�er sLalt &e�p th� imymverutats aow eAist�ag or heresitcr erecte�oa the .
<br /> °'.. ' � PtogertY iasuced against loss by fue.I18ffi[dS tIlCI1t�WItII�If thE tC1fl1'P.MtIIQCA COL'2!$$0' and aoy othes A�sds.iztsluding .
<br /> "`� QuAo�s os fiaaddi��as,far at�ca leuder requira insutancc.This iasvrance ehaU be maintalaed in the amounts nnd for tne perinds -�_ �
<br /> ,T--'<._��- t�Le�u�s- Tae in�uause eaaEee�Yi�Inig tlie inssuance sPiatl 8e ctwsen by 8armwer subiect to Leader's apPraval ,._�:
<br /> ' ��° whicD s3�all aot ba unzeazonaDty arlthlutd.If 8omnwer fa�7s to maintain ooveruge describa!above. tsndet may. at Lender'a
<br />-� opiioa obtein oo�a�gew I�sotea Iren�ar's rig0ss in tbe Pivperty in a000ndance wlth Qaragrayh 9. "���-;;
<br /> ' p11 inauraace pnlioies a¢�feacw�is shatt De aooeptable tn leadec ana shall inctude a staadacd mortgage clansa. Leader `:
<br /> . � . �hall 0ave the rigIIt m hald the polici�$ad reaetivaIs.tf t�der�ecluic�s•Baarrower sLaU promP�tl►Stve ca L�der al!receIpts of - .--_
<br /> �.,:,�: '��� :' � paid pre�iueas aad reaealal nat�ces.tu tae event of toss.Bormwer sLuII give pmmpt�dce to the fnsuraace eanier aa�L�der. ' �.. .-=
<br /> Ice '�
<br /> - • le�er ma}r make proniof tus4 if not mzdepr+o�npdY bY Barm�ver. "'�_`,�--
<br /> llnles�leader aad Borrowex utJ�aarlx a�tee m�ndda$.i�uaase PrQOe�ds sball be applied to resto:ati�a or�air of tt�
<br /> a er
<br /> ,�.�. ' grap�rcy damaged,if the restoratien ar cepair is eoonomicatly feaslble anA LeadeT's s�riry is not lessened.If the reswratiaa or t :. .�
<br /> ' '-� < -�;� : r repair is nat eoonomi�altY feasible ar L�+da's security wautd 6e��.the Insu�ne pmceeds sha116e applied to tDe sums
<br /> �� :-?: F .-> se�ed by ttds Seauity tasawreent,wh�ther or not thea due.arIth aay exa�ss paf+d ta Botrower. tf 8oirnwer aban�ons the .
<br /> ` ` Piaperty,or does nat amwer aritbia 30 days a nodce fcom Irad�r that the Iasuraace carrler has offesed w sgttle a elaim.th�
<br /> _ �,�,,:;�� ,y,. . Lrader may wIIect tHe�ee proee�a. l�eader may�se tLe pmceeds w regair or restate tLe Propett7►or to pay sums _,
<br /> se�tted by t�is Se�itY Instr�m�t,vr�Qr nnt tII�dtte.7he 3Q-day�eri�aUl begtn when tlte nattce is gIven. `.,
<br /> `���� ` , . Unless Leeder aad�orrower,a�xise agcee in anitiag, �S► aPPlicaz[on of pmooeBs co priaeipal aball not eatead or . _
<br /> !:. ��':.'°�,�' '. -:� �tppns the due date of t�tn4nil�Iy paymeats refer�ed w ia paragraphs! and 2 ar chaage the amotmt of the paymmts.If
<br /> 4
<br /> ,�,:� :� �P�B�A Zl the Ftaperry is aoqaucd by Leadc�r,Borrower's dgLt to a�r insnr�oe polictes aad psoceeds resuItittg from ,_-
<br /> :`.,� �.: �'r . �mage ta th:Pmperty prior ta the acquisiSun s�alt gass w Lender w the earoent of the sums sect�rod�y thfs Secu��Y Insntmnent
<br /> , . or to the acqa3sldun. �
<br /> .�`�"` •-' .. 6�. �Oaup�aacy,Pe+eservatian.M�e and PtMeetlan ot tLe Fisnpe�rt�Bomnw�lGo�n Applic�Ylon:Ltu�elcQ�da. �v,`.
<br /> r- "i?'r^F
<br /> . :�' � • �Bomuw�r ahall arcuPY.espbbs�,and iue tbe Propeny as Borrawer's p�iactpal resi�e within sixty daYs aft�the exe�tion of .
<br /> ..�'i,,;�-:.'. � ..this SewiitY 1as�e°t and shall conimne to a�cupy the Progerty+as Botsoaer'�:grinclpal resid�oe for at Ieaat ans year a8er
<br /> , .. ccu :
<br /> �:��. ::,; .:;
<br /> . , ;:;;•�� �,,� the dace of oc�paney.�tess L,ender�ttceeav�ae agms in wmu►g.wIrich conseri sl�all aot be unmasonably�heId.�r�mtess r
<br /> � -:°; �g ci�tamces exist whicb.ate beyand Borruwer's ao�trol. Sarmwer sLaU not destmy,daznage ar ImDair ttte �.'- -
<br /> f:,?� �:t;,;4 . ..piapccty,aitow the Property w de�rnr�.or c�wmu waste an�Ampe�y.Boaawer sbal!be in default ii aay fcrfeiarre �
<br /> s�. �
<br /> i"'�9I"` `�• , 8Ci1dA O!piOt�iDg,WIIe�Bt civil or Q[�i,is o�$ta+6`cai in�'s"g..."'�....�j"a....;�'.r�m1d.,�enh•:in forfeitutL'af the �- --_
<br /> �� t rt� ..<<:°�D�►or otheruvise mar�3a11Y imPair the lien�Uy this Seauity r�+„�^•,or Lender•s seauity iatecrst.8armwer r�► f��:�
<br /> �� � , . t uvts
<br /> ",,�y` ��'t 'ras�a sur.�a defanit�d c�e,a4 provi�ded in p�ti�28,bY�g t�e�tt°+or pcooeed�ng ta tre d'i9miss.�with a n�liag r-"_
<br /> r.�� , ia Leuder's goo�fai��determinatGon, Preclu�forfeinue of t�e�oaowa s inte�est in the Pnoperty or atIIer mateti�t•
<br /> ` .(•1;�;�;���,;�r:"t� •r.�{, ���_• --
<br /> � t •iajpairment of t�e lien aeated by tlus Ses�ity Insaument or L�der's s�auit}r iatetest.Bv�ro�rer shaU also De in def�lt if
<br /> ,,,. _. ..-� � � . _
<br /> ..8mmw�r,duiing the io�a.aap2ication praoesa.P,ave materislly.fatse or u�..~�°,�o:matioa or stare��s w Lsnder tor failed -.
<br /> ;.`:"'. �j ...io pmvide�er with�•�aaserlal informas�nn)ia eoanection wish the Io�ev#di^�a�d bY the Note,inclu�ing,but not limited r: -
<br /> � � .'3 co,_r�P�tations conc�ramg Ba►rrower's oc�eupaue.y of the Ft�opercy as a pr�`rce.cideaae.If this 5ecurity Iasuument is aa e k-:
<br /> -� , .:,� . :; Ieasehold..��rower s�a11 comPlY aritb all the pmvjsions'�of the lease. If Botraa�er asqui�s fee title w the Paopeny;..tb� �`;'-
<br /> "'��� � '�i lease�ioEdesi�:I;y�e f�tttte s�aU aoi merg�.:unless Leades agrees to t�t�erger ia writing. _ .
<br /> •` ...; 7. Ptr�tfon o�i.eadea's R�gEts iaa t�e Raperig►.if Bo�•+�ar faps to perform th�aavenauts aad agreemmts contalned fa
<br /> � ...;
<br /> �. ; �':t�ris Seeadry tnstramenz,,�sc theie is a te�al P'm�:�that maY�S��Y affect Lsnder's rights in the Praperty(snch as a �
<br /> .. �prooeodmg ia baatc�uptry.'�mbate,for cendes�dpttz�c forfciture or to eafo:ce iau►s or regutat�ons),�then Lender may do aad �,.._.
<br /> .�, '� PaY for sl�ateves ls necess�y to protea the wal�e�r,�e Pcopeny aad I.ender's rights in the Prope:ty:Leader's aixions may�� �;:.:
<br /> �.i�- - ` iatlude DaY�8 �Y � s�rured bp a�lI� �vhiet� Las prIoriry over thia Sec+irity lnsua�at, a�g� in camt.D�tg �
<br /> � •�`�} reasonable attomeys'fess and encering on the Progercy to make repairs.Althougb LL�euder may take astion�mder this h
<br /> eud R�P ��.'
<br /> f _ _
<br /> .��; . ��. 9.leaderdoes not havetr��o so '.. _ �°
<br /> . ',; �° /�ay amouuts �by I�tder under this paragrapL 7 shaU het�q��di�onal debt of Ba�s��y thls
<br /> : .r:;:``'``;��;��-; ' � Serurity tastrameQt. [tnles�Barraw�r i�A Lendet agt+�e ta uther terms of��yt�ai,these amouats shall b¢at intere5t.�+otpu t�e
<br /> :�,?�%�k .
<br /> .._ l, �';� .' 1 date of di:�tesement ae the Mote r��shall be payable. witb,�st,upan n�tice fram Leader to Ba�rawer req,ue�g -
<br /> � . ' � • �'�'• pa�Mortg�e�If LeaQer sequired�concga8e 9asuraace as a oondidan ot matdag the laan se�ul�,bY this Seauity ..
<br /> ' ';'�.` :�"larstnm�at, Bormwer sH�ll pay the premiums requfrr:r�tn maiataiu the mo� insnr�noe ln effea. If. far aay reason,tae °��. ,
<br /> r
<br /> � -.
<br /> � ' � •i � mong�e�..�u�anoe coverage sequired hy►Leuder lapsss or ceaSes.t;,�be in effsct,9ormaer sbaU pay the�iums tequired to �.°;��:
<br /> ob�ooVtr�e snhst�slally eguivat�t ta the mongage iasurampa�rlousty in effect.a[a crosc substaatiaUy equivalent to the .
<br /> '.,;, . ---
<br /> ,.y�,��' ,.;; , �.<<'=
<br /> •�-;',�,;.�: � : eo'st to Bosc3wer of the mortgage tnssr�ae previously ia effea;,..,fitsm zn alcemaae mortgage insatcr appmved hy Leader. If
<br /> .:..:tJt:i..� � ..
<br />— �` substaatiaUy equivatees martgage ins�uanae coverage ia not availab�e,�s�o�ei shall pay to Ieader earb momb a sum ec�co ,
<br /> et
<br />-- . . ' ' +€"':' one-twalltb of the yeasig�artgdge Iaatuanoe pt�emium being paid hy Bba�ires a�i7e�n tLe insuraace cavesage Iapsed or eeat�to _..
<br />. ' .° g
<br /> ,A�� �� � � be in eliest.I,euder a�tl eaxpt.tue rmd�r�ia th�e paymsnss as a loss��Fn lieu of martgage insurauae. Lass c�er+e • .
<br /> � � �so�sa��erso -
<br /> . . ��6iilKpai�ti.oz �aas �unaa; �
<br /> � , � �t:�'"'`�
<br /> . . �. . ., . .. . . . ..
<br /> . .. .
<br /> . � � . . � . . � -� . . . . ..
<br /> :
<br /> . •
<br /> .
<br /> . : . . . . .
<br /> . ..
<br /> _ . „ .. . . . . . . , ....
<br /> ...
<br /> . , �� , ,,.
<br /> . • , : .• , ' • ' • .. • • . . `.: ... . �" •,
<br /> . . . .. . . • • � • ..: . ; • • . � • • . . . • .
<br /> . . � . . � _ ' ; .. ' . ' . ' ;' . :: � ' .. . . .'� ' ' '. � ,• .:. � <, . .
<br /> . . . . .� , . .
<br /> , , . .
<br /> , . . . . . .. .
<br /> . . ,. .. .; . :� .
<br /> .. . . . . . , .
<br /> ,. .. . . . . .
<br /> .. . . . . .. .
<br /> .
<br /> � ..
<br /> --� • : . . . � � . , . ,. ,. .. � �. .-.-
<br /> � .. .
<br />
|