|
, .,�' ,•� . ' ' •��. . -�. .. . . ... �..T ..�n'.'�.J.l'�iwc__�
<br /> ����t..,.�...�,�
<br /> �i'� .Y R � ...c_��
<br /> ;�ir !l� . - �/"��'. '�.r�_
<br /> �t. - ,,.,, .�s� y. 1?- '����:.'' -
<br /> ---::� ,.,...,�..vr�. .._..t�_ �s��9- -J - -��,�"=J::�=.,-.��_-_ --
<br /> -°°-- ��"�'�' "�""''t"„' -^,r..o��_.,,,..�,�,,,4:GC'F,:,.�'...._..�,.T.-:�,._.,.x,._.,,a�r----_ --- ----��__--
<br /> -- ---`'1.L.�...uu.�:'rr -- - - - _ - - -'
<br /> - .._ ..c...- ._ _..
<br /> _...__.T.� :s�,p!':Z'�.�r:u�'a�I'tY3�, d,��"eS7%ao�+�� +a..wr.. --
<br /> �- -- -�-��:=:�ararcxwu� ..�us:uu�a.��r="�=-_r.�`-=--..�.�:---- - -
<br /> - ----- -__ _ -- 'er�"r�-.�,.jjc m�;-�'--"'°-.'°.----—
<br /> - -- - -- m��.-- --------=--
<br /> _.�..�c?��. �* }�� �., :`�'{ --.-,--- --_—�--�_—-
<br /> -"�l'`y, ,'FS'�i�PA�'�l+1'��1'^�� i�l�:��'�i`�,�"t�'�Zx.�:...,,,a==�a1:iL�.� - - .... �
<br /> i`_. -. . _--_ — - — _
<br /> ..._...,a'�. �.� - - -
<br /> �o��,.n:«"'�..'v�f'
<br /> ---
<br /> -
<br /> 97- �l.)4��.2
<br /> 5. Hu�.urd or Properly In�un►ncc. Burro�vc� ,lu�tl kccp thc ia�pruvcmcnts nuw exi,�ing un c�rc:�licr crcctcd un thc —
<br /> Property insurcd apain,� lu„ hy lin,h:it;trJti inrludcd within thr icrm "�xtendcd ruvercig�"and any uthcr liurards, inrludin� !_
<br /> flu�d,ur flaxlir�g. fi,r which l.cudcr rcquirca insuranrc. This in,uruncc,hull h.. �n:iintuincd in thc um�,unt,and ti,r tl�� {hri�xf+
<br /> that L�:ndcr rcquin:s. Thc insur.�nrc carricr providin� thc in,urc►ncc shall hc cl�uscn hy B��rrowcr+ubjcct tu Lcnycr'y approval
<br /> which sh.dl not bc unrcasonably withhcld. If &�rrowcr fails to muintain cc�v�ragc Jc4crih�d abuvc. Lrndcr ma it Lcndcr's
<br /> optiun, ubtain cavcragc ti�pmtcct l.endcr's rights in thc Pniperty in uccordancc with paragraph 7.
<br /> All insurance policics anci renewuls sh�dl be acccptablc to L�:ndcr and ,hi�ll includc u stundarJ mortgugc cl:iusc. l.cnder
<br /> shull huve th�right to hu1J the policics and i�:ne�vals. If I..cnder reyuires,Burrovrer shall prumptly�ive to l.ender all rcceipts of
<br /> paid prenjiums and renowal notices. In the cvent of I�iss,Borrower shall qive prompt noticc to the insurance carrier and Lender.
<br /> la:nder may nutke proc�f of loss if nat made promptly by Borrowcr.
<br /> Unless I.ender and Borcawer otherwise agrec in writinE. insurunce procccds shnU bc applir.d to restoration or rcpair af the
<br /> Propeny damaged.if the restaratian ur cepair is ecanomieally feasible and Lender's ucuriry is nrn lessened.lf the restnmtion or
<br /> repair is not economicully feasible or Lender's security would be lessened,the insur�nce proceeds shttll bc applied to the sums
<br /> secureel by thls Security Instrument,whether or not then due, with :►ny exce.ss p�id to Bartower. If Burrower ubstndons the i
<br /> Property, or dces not answer within 30 days a nocicc frc�m Lxnder that thc insurance ranier has nffered to sectle a claim, then
<br /> Lender may coll��ct the insurance proceeds. Lender may use the procceds to repair or restore the Property or to pay sums
<br /> securecl by this Security Instrument,whether or not trien due. The 3()-day period will begin when the notice is given.
<br /> Unless Lcnder and Bo�srower otherwise agree in writing, any appli�tion of procee�s to principal shall nat cxtend or
<br /> postpone the due dute oF ahe monthly payments referred to in paragrnphs 1 und 2 or cli�nge the amount of the payments. if
<br /> under paragraph 21 the E'su�erty is ucquired by i.ender, Bonower's right to:uiy insurance policies and proceeds resulting fmm
<br /> damage to the Pruperty prior to the acquisition sheU pass to Lender to the extent of the sums sr.cured by this Securiry Instrumene
<br /> in�n�ediately pdor to the acquisition.
<br /> &►rrower's Loan Application;Leaseholds•
<br /> g,pauponcy,Freservption, NlRlntenance and Protection of the Property;
<br /> Borrower shall occupy,esiablish,and use the Property as Borrower's principal residence within sixty duys after the execution uf
<br /> ' this Security Instrumcnt a�d shall cantinue to occupy the Property us Bo*rower's principal residence for ut teast one year after
<br /> the date af occupancy, uniess l.enaer otherwise agr�iii w:iti�g� ::h�zh�un-°s�t�h"11 not be unreasonably withheld. or unless
<br /> extenuating circumstances exist which ure beyond Borrower's control. Bottower shall not destroy, d�mage or impair the
<br /> pro�ny� apo�y the Froperty to deteriorate, or commit waste an she Property. Barcowar sha!]be in defnult if uny forfeeture
<br /> action or proceecling,v�•hether civil or criminal,is begun that in l.ender's good faith judgmcnt could result in forfeitu►r of the
<br /> property or otherwise mater3al�Y impair the lien crcated by this Security Insnumet►t or Lender'F security interest. Bonower may
<br /> cure such a defuult and reinstate.as provided in paragraph 18,by causing the uction or pracceding to be dismissed with a tuliag
<br /> , that, in l.ender's good fatth determination. precludcs forfciture of the Borcower's interest in the Property or othcr tnaterlal
<br /> � impairnxnt of ttie lien created by this Security Instrument or I.�nder's security interest. Borrower shall also be in default if
<br /> Bomower,during[he loan application process.gave materially false or inaccurate information or statemcnts to i.ender(or failed
<br /> to provide Lender�►�icP�any muterial information)in connection with the loan evidencod by the Note,including,but not limitod
<br /> to,representations canceming Borrower's occupanc}of th�Praperty ns a principal residena. if this Security Instiument is on a
<br /> ; leasehold, Borrower shall wmply with all the provisions of the lcase. If Borrower acquires fce title to the Property, the
<br /> ! leasehold and the fee title shall not mergc unless Lender agrees to the merger in writing.
<br /> 7,ProteetMn of Lender's RlBhts In the 1'rupaty•If Borcower fnils to perform the covenants and agroements contained in
<br /> this Security Instrument, or there is a legal proceeding that nu►Y si8nificantly affect I.ender's rights in the Pmperty (such a9 a
<br /> proceeding in bankruptcy, probate,for condemnarion or forfeiture or to enforce laws or regulations).then I.ender may do and
<br /> pay for wlwtever is naessary to protect the value of the Prope►ty cmd Lcnder's rights in the Propeny• Lender's actions may
<br /> include ps�ying any sums secured by a lien which has priority over this Security Instcument, appearing in court, paying
<br /> rensonable attomcys'fas and entering on the Yroperty to make rcpairs. Although Lendcr may teke action under this paruBraPh
<br /> 7,Lender does not huve to do so.
<br /> Any amounts disbursed by Lender under this paragraph 7 shall become additional debt of$orrower secured by this
<br /> , Security instrument. Unless Borrox•�r and Lender agree to other terms of payment, thesc amounts shall bear intertst from the
<br /> date of disbursement ut the Note rate and shall bc payable, with interest, upon notice from l.ender to Sorrower requesting
<br /> + p�ymcnt.
<br /> 8.Mo�tgage Ia�eirnnce.If Lender required mortguge insurance as a condition of making the loan secured by this Secunty
<br /> Instrument. Borcow•er shall pay the premiums required to maintain the mortgage insurance in effect. If, for any reason, the
<br /> mortga�e insumnce��erage rcquired by Lender lapses or ceases tn be in effect,Borrower shsll pay the premiums required to
<br /> obtain coverage substantinlly equivalent to the mortgage insurance previ�usly in effect, at a cost substantially equivalent to the
<br /> rnst to Borrower of the martgagc insurance previously in cffcct, from an ulternate mortgegc insurcr approvod bY i..ender. If
<br /> substantinlly equivalent mangagc insur,�ncc covcrage is not avuiluble.Eiorrower sliall pay tu Lender cach month u sum cquAl to
<br /> one-twelfth of the yedrly mortgage insurance prcmium being paid by Burrowcr when the insurancc covernge lapsed or ceased to
<br /> � be in effeet.I.ender will�ccept, use and retain these payments as a loss rescrve in lieu of mortgage i�surctnce. Loss reserve
<br /> • Form 3028 9/90
<br /> Pp�3o16
<br /> ' � .
<br /> _ a�i� ..�b.,��.':�w°���""'.:��"y,�,REt�
<br /> � ...�.,_ .,_ r L, � Y_ _....�,. .. :j�.�� � Yi ,{I
<br /> �.� i: ;:�-''� � • . .� F�, -. . _ �f � ` , ,t; ��� _�
<br /> a?�h, . ,5 ,�'�y�t,..� " _ . , ., .N „•r'• '�+%�, pN •�.t . ` • �a«,a�►"'� -
<br /> S 1. -f "`G•` � . .. � •�,/ I w�t7Q[ �, � ..i __ ty.S.-..
<br /> ,��; ,�i- .��y, ^�*,�� . . �+..' ., � � - . � �� ., 'k'L• ..'�!1� , 41 � et � -h �* � —_.
<br /> _�u� � _,4' ' . . .1, ..,s.�. t� i. ' T�r.i .
<br /> _r,.i:.`.Y:'�+- t . . - , `� ..��� � . „� _ �''�,�'•w• y 7�." rr�}`s Z .. u'irsr"-
<br /> —.�?y.,'r -�' .�:•:'r _�.; '�t � . . •a., � � �UZ � •f• ' .���.�lfY ,1-�.:t;��iiY_�=
<br /> t�r _.i%' �'s"' .��:' . . " +.�` .ex�:
<br /> :�:�t;a`�� Z. t, ,�„ a�.-
<br /> �.�.... .� M. . . .. �.
<br /> } .y�.�.
<br /> �p�p . s.
<br /> .S: _ :�: ..4', . }- o•1.. i� , .
<br /> _ _' -�'�A�. :l 7,.Y�)������,�. ''�'I�..C. ...f�,..l r1:,. ��� .l..r:� . '�__.
<br />.�._.....__.aMV.P`i.r .�*�': i�.��';s_�='4Y,�S7'-�{..fr�,•�,� _ , � '+ ..�`� , . • � � .;n��t .�r:+•■ ��-�.r��.
<br />�-��iF, � - . L . [. . . .f ��'Y�.i�Y^F�x�_
<br /> _ , r� `,r
<br /> ` �.�"�i} �4• •�tiaa�..�r.....:Y.�..l.l.ft:...
<br /> 'xi�7-. . � .L..L�Sii�{f�1�1..�-w .r..� ._�'w � _ . . ..a., . .. ...,� . ._._ ..�.___..I... .. . _. _
<br /> a.
<br />
|