|
.
<br /> .
<br /> ;-_:- ::� . . . . .G . ;:. �_ r. r -- ,�.�:�.ti <�>� y �z , d;.
<br /> .. .,. . . ........ .:_,r•ti
<br /> �—•—> , -_ � " �_ _ - — r-- 4 x
<br /> -s . -.- �� - .
<br /> - ,h,� . , . , � _ t' -� . i` �`<*E .r
<br /> y b. x -, �.r: ` . � ti .� . - .c� � a c a� • ` � �
<br /> . •+.c� c .4.-l t- _ J. ,, - t .t,..o f `7`, t,
<br /> � .. "Y� �'V • yl. {`: . IC >� .T' . :'� l .- , .
<br /> . , y ,' .t , . Lf .�� ���q�.;
<br /> � t . � ; . 1`ynx
<br /> � . � .
<br /> -t ' �� ,t � .. G •��'' �. .-.t .. i _,}_, h ( t � -. :i v h��" ��� i�-.
<br /> . . - 4. /.� 1 \ ��. <<
<br /> . J� ' .. .� i' . y ; � 2 .(, • . ' ,c � ,r �r ' ., - `.1
<br /> :� ` . <s,' . . :s
<br /> .� r - . . . i
<br /> ..t' , . .c' _ _ _ _...-.a.�. -
<br /> � �...
<br /> c
<br /> c.``�� .. • � - �/�_, ��tl.V� •�.
<br /> ;.. . . ';°:�t,`_..' S. HazBrd or Pmpe9rty Iasm�a� Borrower shall keep the improvements naw e�istiag or he�frer erected oa [ke ....r ��
<br /> praperry insured against tosg by fue.hazards iaciude�wtt6in the[erm 'exten,dded covesage'aad any other hazards.iactudin� '•;�;.2�•
<br /> • : Qaads or Raodiug,for which Leader requires insutance.This�++s�•a„�shall be maintai�ned in the amounts and for tfle periads
<br /> � , iy--.�-�` that Lender reqaices.llte iBSUtauce cs[rier plovldIag the incnranCe shell bB Chosen by SOlmwer S11bjCCt W Leudec's 3ppiOwdl
<br /> 1-'�''�'�" which s6aU aot be uareasonably witflDeid. If Bosrower fa�s to m3in[ain ooverage desrn'bed a6ove, ixader may.at L,eadtr s -_
<br />.'- S`.,'. ` c,..g�.�.
<br /> .... option.obtain wverage to pmtect Lender's rig6ts m dee Propecty ia aocordance with pa�a8raph�.
<br /> � � . All insurance policies and cenewats shatl be acceptable w Lender and shall include a staudard mortgage clavse. Lendgr
<br /> � . - sLaU have[he right w hotd the policies aad tenewals.If leader requims.Borrower shaU pmmptlY Sive w lxader alt ieceipts of
<br /> � -� . . paid premiums and renewal nodces.In the event of toss,Borrawer sbaU give pmmpt notice to the iaguraace carrier aad Lender. -
<br /> �,��;`:���';�°;,�'.�.: Ixnder may.make proof of toss if Bot made promptly by Borrower. ::•,
<br />; :�:%'. '.�r.-:�` `. Unless Lender and Barrower othezwise agree in arriting,iasurance praceeds shall be applied to ressoration or�epair of the �:z-;
<br /> � ""'�'� ' pcopeny damaged,if the restoratioa or n:pair is eaonomically feas�3te and Lender's security is not tessened.If the testoration or -
<br /> ` -" 5. . . �� repair is not aaonomically feasl6le.or f.�ender's secm,ity wauldb�iessened,the insuraace procePds shall ise applie8 to the sums : `
<br />:•�`�.. • . :',: secur�d 6y thi�Secutlfy�ti�,w�er ar unC ti�r due.wuh.aa3+excess paid to Borrower. If Bonawer abaadons tne
<br /> • . ::_
<br /> ;%;���'';: �` ,`f;s: Ftagercy,or daes aot.ansu+er wi�in 30 da.ys a aaace fivm i.eader that the insuraace ca�sier has offerevi w seule a claim.then
<br /> �': ';:�': I,�ad�c'maY aolIest the i�uraace Fm�. L�ss�ay us+e the pmcee�s to nepair or iestore the PropeccS►or to pay su� � Y
<br /> � `�.:,:i,s;:. =:� �by this Securiry it�tnime�at.whe�ter or aot t&�a dae.The 30-day pxrEod wiit hegin wkert the uotiae is gven.
<br /> Untess ixnder and Botrower atifa,v,��se agee in writing, anY aPPlicatioa of pcasx+ads m griusipat shall.aat extr�or
<br /> ' a se
<br />•Y�`._.;'�f{y��` : postpoae dce due date of the montbi�g�nents referred ta in paragrapbs i aud 2 ar ch�e d�e amo�mt of the payms�ss. If _=
<br />`°:z�� as, under paragraPh 2t the PropertY is acqai�e3C bl►L�ader•Borrower's right to auy insanace poiieies aad pmceeds resvlting ftom ..
<br /> _ ,.;�.
<br />"'r";'r - = damage to the Property psior to the acquisitioa shail.�s to Lender to the exteac af the sums seeured by this Seauiry IASaumeat =
<br /> -.;<< � -
<br /> . � . ,�:�r_�_ �
<br />.`;'`,":•..' '' ;`, �i �0d18tBIj/p3i0f IO th6 8C.(�U;S1dOD. . '
<br /> :ir 6.�CCUpancy,Qres�vaHon,Maintenanee and Pr�otec�taa a�ti�e Pr•oFertY:Bor►�owes's E.oan Appfication;Leas�holdg. i-
<br /> ��;:f; Bozroaer sbail oocupy.estabtlsh,and use the Pcvpecty as B6rrawee'�_gri�clpal resideno�witItin sixty days a8er the exec�ction af
<br /> •, r,� . �g�ty ,ment aad shall coutinue w eoct�y t�s,Pragenyr�as.Sflrmwer's�iincipal zesidence for at least ane year after
<br /> �f
<br />_-='x.�- . ��,:c���s��' i�.e date of occu�azccy.umless Lacder othera�e�,iu writing,wl�ids wnsc�w fiall not be uareas4nablg witbheld,or�tess _-_
<br />-==�t ��� ., '�t�`%.a , � extenuating cinumstaaces exisc which are 6ey��¢''�„t�r.t�wer's cn�l. �ac�.�11 aat ae.au�uy. dama�e or impair the -
<br /> .. ��+�.s,�ly°f� ' �A�Y, allow the Rapeny to deteriara��;'pr> +,��i�,'�:'waste oa�_�:=:.�muer�a�be in default iY ar�}►for6eidue -
<br /> r
<br /> . �:;1�i�''. aaion or mcexding,whether clvil or¢insUSa�:�S b8gun that ia��g�����Z;�,�d�ii�tsr=�¢utd result in fodeituce e�,dte -
<br /> . . ���;,:r; , p -
<br /> ' , `��;.:,,�: ' •,.Praperty or otherwise materIally impair t&z,Ai�..a cieated by ttiis S�',�,'i5s��r+c�i Lendei's s�urlry Interest.Borroa'+t�� ��:.-
<br /> �rre s�ch a defaulc and reins�ate,as pmvided in para�h.18,bY�'�:�c"uaa or ptoceeding to be dismisse4 with a�g _�
<br /> 'z�� t�at,in Leader's good f�a'tttt de[ermination, Dre�Iudes,�fiorfeiture of t�e Horruwer s interest iu the Pcoperil► or uther matertal ;�.'�.._..
<br /> . . • ,�;�T.., i m p a i r i a e n t o f t h e l i e n e r e a ted t s y this Secu:i ty insuumcnt or I.euder's security interest. Bornuwer shall also De ia default if --
<br /> :. • - .� 8orrower,diuing the toan applicatioa process.gave materially false or inaccurate informasioa or statements to l.endet(oi tailed '�`�
<br />°- . ' `" � to provtde L�nder with any material informatIon)iu comieaion ait�the toaa evideaced by the Note,incladiag,but noi luNted� =
<br /> I' :�. �$ t�i.s�Presentations concenting Boaower's occupancy cf�he Propeny as a pr�tcIpal cesIdence.If this Security Insttument�is oa a �,�::;_a,._.
<br /> �"`. � �.. � ' : •.�s�sehoId, Borrowes shatt comply with all the prav�s"rans of the lease. If Borrower acquires fee title to,the.PioPenY. the _
<br /> .! `'4 :i4��ehold and tLe fee dde sbaU not mesge unless I.end�.agrees to the metger m wiiting. . ; ..
<br /> � IS; ; ��. ' . 7.P�+atecttoa of I.eader's Ytt ts n��e Property.If Borrowas fa�ls to perfostn the covet�ants and agreementa contalnrd in 1 i�=
<br /> �:t „l. � � , . .
<br /> ; ,� this Sectuit}��ttument, or ther�Ls a��C ptoceeding tbat may siga�!"`nsaa�ty affect lander's rigDts in the Pmpettj►{s¢��a&a ; �=
<br /> ; � "` .' �;�'• proceeding in,Danla+�ptcx�r.�mbate,for coademna�oa or forfeituc�e�r ao enforce tawa or regutadans),then l.ead.�.r�.cJa:'�# ,..,� _
<br /> � pay for whatever is n�w�to protect t6e vaIue of the Property and Lear:r�'s�rights in the Property. I.e°uder's aaioas�may� c
<br /> r
<br /> ''. . include a in eay�,aua�?,:�ured by a Ilen which 6as prFority aver this Securiry instrument. apPeathtg ia coutt, Daying �'''�`�
<br /> P Y.� .�:,- . .
<br />= .� � reasoaable aUrnncya�'fi�:�entering on the Property co make rep�rs. Althougti Leader may take action w�Qer tbis pa�giapD
<br /> .. , 7,Lender doc�sr no(:�4�!cx b��o so. �•
<br /> ti' : ' �Aay aiuu�mrs:di�lij�bN Lender uader this paragrapL 7 "shat3 beco�additional Qebt of Sorrower secute+d�t t�s ...:;..�: • �
<br /> u
<br /> � . ��ecurity Instrument:Uri!{�Borrower and Lender ag�to other cerms of gaqan�nt.these amow►ts shaU bear interea'i"�r���, r, +'• 1�,. .
<br /> • date of disbu�sement at 1��Note rate and shaU 6e payab2e,with interest, r�iron motice from Lender to Borrowe�.�pqY�sn� i +,;�.'t
<br />- . .. . � payment. ' . , ��, ,. : : , :
<br /> '�`:1w?i..:
<br />- � 8.Mortgage Ia�nance.If Lender requ�red mortgage insurea�as a ooadition of matvng the loaa secured Oy this S�tilQ`. . ;
<br /> � . � � tnsttument, Sonower shaU pay the premiums required to malntafn tite mar[�e insutence in effe�t. If, for any reasoitt�.11�� _ . . i :.'
<br /> � �' . .,, mortgage iasuranoe cuvcrage required Uy Lender lapses or r.eases ta�be iri effati;,�irower shaU pay the premIums required to ,.:;.�: •..
<br /> : obtain cove�e subst�ntit�lly equivalent td the moap�t�iasurance previousiy fiu rd�ect.at a cost substantlalIy equivatent ta ihe � :;" � � �;��`
<br />-, � cost co Burrower of the iaortgage insuratcce prev[ousiy in eHea, from an aftemate mor4$ag�e lasurer aPPmved by t�nder..If .
<br /> � . � '� suDstantially equivalent nanrtgage lusurance aoverage is not awaiiatsIe,Boirower shali Qay to Lender eacL month a swu eguat to '
<br /> � onatwelftL of the yearly mongage iasuranoe p�eemium E�ing paid by Borrower when tbe u+setrance coverage lapseA or c�as�to
<br /> ° " . be in effect.Leuder will ascept.use and resain chcse payments as a Ioss r�+e in lieu of mortgage iastuanoe. Loss reserve
<br /> .��. � w,mao�a�
<br /> •t.. . .
<br /> �. .� . � , ��6VINd�n�n.o� vaye a or a wmc,: .
<br /> ,. �• . � ,
<br /> . ._ . ,.. .. . ,.. : , . - . .. - - - � .
<br /> _ . . , . .,. . .
<br /> , . .. , � •. .
<br /> ,. .
<br /> , . . . . . �� • •
<br /> .. .- . .._ : _.__._ _ ._. ...__. .. - _ . . ..----- .- - - , �U .'. . - - .. .
<br /> � ' . _ . , ' , � . , . : .
<br /> , � . ' . . .. . � . . . �. ' . . ... .
<br /> , . : _ . � .. .. ' ., . : � . . . • '.. _ , . .:.� — . �� _ . _
<br />
|