|
,. :.. r`�� , .,
<br /> .�: F.�,,, � �1 �
<br /> .. �•, -�.. ,. ,, _ .. _
<br /> •fi. ,.
<br /> .... •��.,:.r �.r�ri�,+.,t,-• . . . __.. _.,..
<br /> �4+1 Ifar111fItiU;�'-'!���� - . .. �_
<br /> 98-���st,��
<br /> S. Huard ar Propwir Inwn�nce� &►rn�wer dwll kocp U�c imp�r�venxnu rx�w exlxUng �i� rcaflcr arectcti nn Ihc
<br /> Pmperty insurod MgNinM Ic�u by firo, h�artin included w�thln�he tem� ''axtet�ded cc.ver»ga" bnd any utUer harnnlr, itwludin�
<br /> n�N�+n�n�i���, for�vhich I.e�xier roynircw inMiMrxx. 'i'hi.r{naurnrxc ahall h�s mulnuln�rl in tl►c umuunts uncl for Iha pe�icxie
<br /> ttut l.erxkr roquirae. The imunnce c:Anier pmvidin��he ln:uronce ehRll lx chn�cn hy Bam�wer xuhjat to I..eixler's appmw►1
<br /> which ah�ll not be unrea�ntubly wUhheld. (f Bnrrower f�iln to rtu�intain ���veragc dcuribed ahove, (.endcr mwy, nt I.cnder'a
<br /> option, oMain cover�ge to protect I.ender's rights in tha Pmperty in wccordance with par�grapl�7.
<br /> All iR�unnce po�icics and rcnewals xhall t►e ncceptsblc to Lcoder xr.;l nhwll iix:ludt e itarxlard morigAg��lauf�e. f.�nder
<br /> shsll hs.ve the tight t�hold the}x�licias and itinewd�. If L.cncier rcquires,I3orrower shall pmmpdy give to Lender all receipts of
<br /> peid prcmium�and renewal notices.In the event of loss,Iiorrow�r shall give prompt notice to the insurnnce carricr and I..ender.
<br /> i�nder may m�ke proof of loss if,not anAde promptly by Bornower.
<br /> Uakss Leader ar�ci I�ormwer vtherwise agrec in writing,insur�nce proceeds shall be appliod to resto�tio�n�r repsir Qf Uht
<br /> Propert�r d�xagod�G&tEae rcsto+r�tio+n ar np�:ie�s�conomically feasible�L.end�r's security is�ndt Qessec�.If the rcsao�tior.e or.
<br /> nep�►ii�s aot ann.on�acRtly fessihle cx�.cnder's s�:�c�er�ty would be I�ss�nAd�the insuranc�e proc.�oeds sha[R tae�p�pii,e�1 to the sums
<br /> seru►a� by this Socuriry Inu�ument. w#Kthcr ar nma dien due, with any oxeess ptid ta Barr�ower. I6&►rrovver abandoas the
<br /> I�rr�xty, or dne��not nnswtr vv�th.i�,?(�d?+ys a notic�e GQm I.endtr t!►aQ the inseircfnce curier h�c offerod to sete�e a daim, then
<br /> 1x�Nic,� uu►y wliKei tire insur� pra�a�s. ��cr�dcr ma� �s�e'r p:�s:s �� sn�aia or :�i�era �.hr 4'sc��y o� tn �v sums
<br /> s+ecurod by thi�.Nacurity Instn►mu►t,wh�itGe:r,rar rwt tt�+en due.The 3Q-duy�eriod will begie�when Nie notice is given.
<br /> • Unl�ss l.c�.citer and Bomower cxher�rrcr.,:: agroe in writing, �ny a�spliculon of �ra�eeds ta r�r.naecipnl shxll �wt extend�r
<br /> , ,c,c,s��os�e t}�e due date aF the monthlY P�Ya�rms rcfer�..�1 tra in pa�grpphs 1 sux! 2 r,�r cttaqg�t�tt���.�n'�1nt of,:r,P;:.,aymcnts. Ig
<br /> , :f,n5,:r,,�ar�g�Qh 21 the Pinyecr.v is acquired�by Lender. ��v?vr.ower's right to�ny.,ir.c5rc�-r.saz?e polici���n:�'�x'eiuJ:a�r:salting from ,
<br /> . ..:d:c:r,°,;�e ta.t3�e.p�trtY prior is¢�HO acquis�Ca�i?�ta sh�l#}'cti:y G���I,l.tnder to A6►s exteat c+E�t'sn.e;��rns sCc'ini��''�j'this Socu`rity Ynstrumsl�4,.,, :• _
<br /> • . �.`�{l:�?4diataty��ciic,�•:tp the acquis�titan. •. ,-: ,� . ,° ..., � ,• � � , � �� '
<br /> �i�' . �� �l7d.L',ai*PIY9tl'YAt�7�hn:,�'�1(��h11FL'[1'flni'�E Slld�'O�lCt�Ofl O���Kti�%'LY�1lI��i BOROWEr�S��.�''�uYit'J•S J+��q��Oqj�'4:, . •
<br />� ,• . ; ,•�hba�rii�cxr si�:lbf,4>.ccvpY,tstabt�i,�;i�,dl7ltil 4)iF:i:�hx,Propeny la���aisower's pilncipal resi0erxe within syXty'days afttr the axocutan Trr;;
<br /> , � i�k�i�>.:5�.`u�Ity,,l�4s�vment and!i�aiv;l c•,���vr�z�c to occuir�r;�ln;�t1',t�ptcty as.Hosmwer's t�n,a�ipal residence fur at feast ane year�tlti •
<br /> � ''�1;c.date of oF,��i�vem.�y.ur►less�.ender��ct�i�sa�e+�es;t�t;�,�;.'�ting. wha�h conse�s�O:it?Crncx ba a�,�suaably wid�t�eld.or wides�
<br /> .'Xi:,iiii�ilii�{ �i�rw::i'.Si:.i.w.. .....;.' ��eC.�: °y:� �'�1�:l;`? .b�"�nw�.r•g m�,+�r.rn`I. Anmra�►+rr'�aAl! nol: :�Y�K�r�i�r, damsge or imDa�ic:l�fi�c
<br /> Property. allow the Propeny•co dercriori�'hc>��;'�oanmit wt�ste on the Prapeny. Bor��wsr s6�4T��b'e�{A.'defwft if aoy forfeiturc
<br /> action or pcott+eding. whether civil or ctiininal, ie beguCn tttat in L�ender's gaxl foith jud�snent tw►w'lif�rault in�'nufeitune of di�e
<br /> Property or aherwise mstarialiy imppir the lirn created by thiF Security Inst�ument o�r I.eader's security i�tercst. Borrower may
<br /> cure such a def�ult+u�d tqinstste,as provided in paragn�ph 18,by causing the actian ar procooding tn be dismissod with a tuling
<br /> ttwt, in I.xnder'x good fi►ith dacmuiwtipn, pnxludcs Forfciture of thc Borrower's intcrest in thc Property or other rru�terial
<br /> imp�irrrrent of the lien cfeated by this Secutiry Instrument or I.etder's security inte�.sR. Burmwer shiJl d�u bc in default if
<br /> &xmwer,during thc lam�ppikAtion�rncass.Savr muerially talae or in�ecurate inFcxmatioo or�t�tema�ts w l.ender(or failed
<br /> to provide l.ende�with+u►y material infamiatiany in cannection with the loon evide►xed by the Nate. includin�.but not linrieed
<br /> to.nep�tMio�cx�oemin�Bortowa's oavpancy of tl�e PraQeity+�c�princip�l reside�ce. If 1hi:Sacudry Imrttumax is on a
<br /> la�c+lwW. Bomnwer �ull con�rly with all the provisiau af the latre. If Bortowa aoqui�s fa titk w th� Pro�paty, tbe
<br /> Iedehoid aad die fao titk�biJl n4t mer�o unksc Lerida�roes to ihe�ia wriun=.
<br /> � • ' 7,hMett�o�e!l.e�dcr's R!¢b h tMe Prqieriy. Jf&xrower fxil:to peifam tla a�ve�MS�nd�rea�er�t oawined ia
<br /> thi�Socurity Inctruma►t,,nr it�er�e is n lega! pmoeatIng th�t auy sisnilieantly affat I.�atda's rigtus in tfie Prq�erty(sueh+s x
<br /> Pr0000din�in b�nk�up�tcy, probatc, for oo�demmtkm ur forfeiture or ta entorce�ewa or �cgul�),tl�cn Lendcr�y do ud
<br /> WY for wh�Mevar is narxts�ry to prc�toct the v�lue of the S►ropaty ind Les�der's rigfiu in the!'copaty. I,e�der's actbns m�y .
<br /> ine�ude p�yio� any sums aocuo[�d by a lien wi�ich has priurity ova this So�urit�Instmmart, a�rio� in oourt. WYl►�lt'
<br /> nxsoraibk�ttor�ys'foea u�J enterin�on tlx Propa�ty to m.ke cepairs.Althou�,qh L�ender may�t�lce adlon under tt�is p�ntir�ph
<br /> 7.I.e�doa not h�►ve to do�o. �
<br /> Any amnunts ditbur�ed by C,e�der under Uos pasgtaph 7 shwtl beoort�e dditio�W debt of Boaxower secured by this
<br /> Setur�ty It�ctmm�nt. Unksc 8otrowsr�nd I.ender a;roe to aher te�r�ls of pymar, tbese�nwuMS siull 6ar itMaest fraa the
<br /> �dMe bt'dlsbu�sanent at the Nae r�te arx! stull br p�yablr. with in�. upun ncxico trom i�to Borrower roqua�io�
<br /> P�Y�•
<br /> �' s.Matp�e Imurnaoe.!f Le�drr r�p4uirod m�oegago inwrance a�a oaditian of makiog the iaui soarod by tt�it Savrity
<br /> Instru�. �orrowe�r ah�ll pay the prcfiiumti rcquirod to m�int�un the matg,�ge i�nuran,�c in effoct. [f. for any �ason, tbe
<br /> mortg�g�C inwtaria oovuag�c roquired by'I.�xlcr Iq►s�s or ce�ses to bn in ef(oct.Bo�mwer sh�11�y thc prcmiums roquirod to
<br /> obWn coveriigr. vuhstantiRlly oqa�ivalent ro the mortg�e ir�.wru�ee pr�viously in etfat,at a aost u�b�tu�tially aquiva{a�t to tlk
<br /> an��o Horcnwcr uf�he mnng�ge,inwrance prcviously in elTat. from an�Itr.rru�tc mc.rtp,�ge insura�pp►oved by L.a�da..if
<br /> anhstentially oquivaknt mud�ge insuranoc rnvcnge ic not aveilabk.8orroWCt slu!!pay Io I.ende�ad�maMh a sum oqwl to
<br /> mie-tw+dRh of the ywiy marig;gc ir�wrar�ee prcmium Gcing p�id!►y Borrower w}�en.thc insur�ncc mverage lYpsod or ce�xd to
<br /> b�in eRect.Ler�der will Aca,pt,use ud retain t1�pyma�is as a loss reserve in liw uf �e insurana. I.osR �sen►e
<br /> Farw]02� !1!0
<br /> ►y��d{
<br />
|