|
� . . .. ' . ...`�4l
<br /> . ,�,=■�---
<br /> �I _:?lS�r'_, .
<br /> ..�. .„ �. , , ;.1'.'�,�.':^ID�S:t
<br /> - �. -
<br /> ,M .. -
<br /> . L <.:...:t .. !:i:=. - .. . . . . � -�--.-• - -� _
<br /> �2 lY"-�
<br /> ._. - _ .. .. . .... �. . .�.. .. . .. ..,.�. -___
<br /> I1 � :i . .. . . .. . � .• �� . ' . .. .... �^_S. '`.�`;`:a1�a.i'� _"_--
<br /> . � „r_I " .. . ' . , . .. .. ., . .. .� r 'rSI,^;h:�
<br /> .. _ T . .. -n F r
<br /> . .. . - �r ..��.,.
<br /> .. - � � ' . - - � - -'-.
<br /> . . . . .'�'_,.
<br /> t • w��p�p�tlNy;11YJ4�V -• n
<br /> ..�.P�,ya:r.,1...m�ti.as1V6F1blk-��+p�n,_.... , . . .'"G.U+��, . ... `.
<br /> ; .. ....,r. id4�J'?' R���
<br />_ '�� 97—
<br /> .�' S.H�aM ar Property Inaurance. Barrowu shaU fccep the improvcmenis now exisring on c�rcatter e�ecced on tho Prop:,rty �;"�
<br /> . •�.�$ � insurod agalnst loss by fue, hazerds lncluded within the tum"e�ctaided coverage" and any other hazerds. including iload.a or
<br /> ��� tloadirig,for wbich Lendu requires insurence.This insurence sha1�b� mair►u�ined In t�e amounts nr►d for the periods chac Lender _
<br /> `�y� requires,The insurance cardu providing the insurance shall be chosen by Borrowa sub,}ect to Lendu's appmval which ahaU not
<br /> :� 6a unreasonably withheld. If Borrower fails to maintain covuage described above, Lender may, at Lender's opdon, obtain
<br /> coverage to protect I�.nder's rights in the Proputy in accordance with paragraph 7. 6
<br /> �' All insuranoo poUcies and renewals shall be acceptabk to Lenda and shall include a standard mortgage clause.Lendcr sha11
<br /> � .`�' have tho right to hold thcs policies and nnawals. If L.u�dcr roquires,Barowa shall promptly give to L�ender all re�eipts of paid
<br /> . „ � premiums end renewal notkes.ln the event of loss.Borrower shall give prompt nodce to the lnsurance carri�r and Lender.l.endu
<br /> may malce prooF of loss if not msde promptly by Borrowcr.
<br /> Unless Lender and Sorrowc� otherwisc egrce in writi�g.insurat�cc pro�:'�°�`•��aPplied to reswraUOn or repair of the
<br /> � . pmputy damagod. if the restoratton or npaic is economicaUy feasible and Lender's socuriry is not lessuied.If the restoradon or
<br /> ' , n�air is not economkally fcasible or Lender's security would ba ks.�ed,the insuraace proceeds shall be appliod to the sums _
<br /> socurod by this Security Instr�ment, whethu or not then d��e, with any exce.5s Paid to Bonowu. If Borrowu abandons the
<br /> ' _��,,.,�. PcotxrtY�a does not answer within 30 days a nocice from Lendet that the insurance carrier ha4 offerod to seule a claim,then
<br /> - - «.ernro flfn ptY�Mrfv(1T M nAV CIIiT1C ICP.CItill�
<br /> _ .. �;:.;'. Lend�r may colloct the ins�uance procecds.i.encier may nse ine�anw��w:��.�,:.�.,,,......_-,- -. .---. - -
<br /> by this Secutnty Instrument,whethu or nat then due.The 30-day period w111 begin when the nouce�s given.
<br /> I'�`� Unless Lendfa and Bomnwu otherwise agree In writin8+�Y aPP��on of proceeds to prancipal shall not extend or pastpone
<br /> • • the due date af the monthly payments refernd to in�antgraphs 1 and 2 or change the amount of the payma�ts.If�ndrr paragraPh
<br /> � '�° 21 the Propercy Ls acq►�ind by Lender,Borrower's right tA any insurence policias and procoeds resulang ftarn damage to the
<br /> `-'�. proppty priar to the acc�uisidon shall pass to I.endu to the extent af the sums secured by this Socurity Instrument innmediately
<br /> ;;:°,;,�::•;!''r';;� ptjpr t0 thB aCQt�siti011.
<br /> �r�•,�`j;r_t'�.i:�
<br />�,..,�`,�,.,.:, 6.OCCYpNDCys Pr!!i!R'At�OU�MA�DIlD�DC!iLd PdOtlCtj0t1 01�h!PtOp!l�j�i Borro�rcr's Lo�a Applicatioai Leasebo'lds.
<br />_-,;�•r;,:,�:;t C B�saa��s�l1 cx�sg,.�°� ls�.and�!+�+�the,pm;x7cv as Sormwer's princival res+�wxc:within sixty days afacr ttu execution of
<br /> i i r.1
<br /> v,�n,.y�,•j r'j,/,
<br /> �:`��.��y,`,::, this Security Instrumait and sNall continue w occupy the Propaty av Bo�rowtr's principel residence For u least one year aitsr�
<br />�'�'"'r:..",:,'�; daoo of occupancY,unkss L,ender otherwise egroes in wridng. which consent shall not bo unreasonably witt�t�eld.ar unless
<br /> ����.�;.,..,.
<br />'�°���'��w eateAU�iisig clrcumstances exL^t whlch are bayond Borrower's control.Borrower shall not des7roy.damaBe or imp�ur tde Property. _
<br /> :_�-- elbw the Propa�y a detriionte.or commit w�ste on the Propaty.Bocrower shall bo in dcfault if ony fodeiwro xoion or
<br /> '�'='�� procooditig,whetlw civil or crimin�l.is begun that in Lenda's$ood faith judgma�t oould result in forfeluua of the Propaty or
<br /> �.��R�,�� otltiawi�a rtutrilallY 1mP�ir the lien crenta!by this Seciuity Instnuneat or Lenda's sacurity �ntaest.Bacower may ciue aucli a
<br /> �.� dafwlt�nd ninsta�e�aa provided in p�greph 18�by c�using the sctbn a proceedin8 w ba dismia�od with a n�llng th�t.in
<br /> =,,.�.-��� - L�ender�s good[�ith ddermin�tlon�lx+ecludcs Cafeiwre of the Bortowa's in�rest 1n the Propaty a wl�a m�tai�l imp�innent of
<br /> - °_ -- the liai creabd by d�SecuritY In�trumenR or Larder's axurity inta+dt.Barowa stull alfo bo In de[ault if Bwm�►a.darLig tho
<br /> _=�=d�� {om ipplication proc�ss.gi►vo mataiWy filse ae inaccurue intornution a�ts w Lenckr(a f�{jod w pcovide I.e�der with
<br /> ------- my mMerLl inform�tion) in connecdon with the lo�n evideaced by the Note, including. but not limited w.rqxe�a�Wlons
<br /> ___—- conaming Barowa's oocupmcY of the Propaty�s a pcincial raksa�oo.If�his Security Insuurnent is on a kasehoW.Harower
<br /> --=-= shail canply with�Il the provis�oa+of the ka�e.If Bamwa�cquires fee titk to tha Hopaty.the kasdiold md the foe dtle stWl
<br /> ---_-- - not mage unte�.+L.ader�g�+a�a�o�he mager in writing.
<br /> `� 7.P�ntectio�of Le�der'�[ti�Yte h the Proparty. If Bomower f�ils to perfam the covenmta and�grart�aua contained in
<br /> thLv Socurity Instrumeant,a tha+e is a k8�P��B��Y s�8nif'�cantly aEfect L.ender's rlghts in�t�e Propaty(such oa a
<br /> ---=aa - prooeediag in b�uP�Y�P���for condannatbn or forfeaure oc to rnforce hNS a regulati�ona)�tbai I.ender may cb and P�Y
<br /> -� fa�va is nocxssary t�o protax tho value of the Propa�ty and L�idez's rights in the Propaty.Leada's actians nuy include
<br /> _ -_ - P�yiag any sums soctued hy a lia� which has priairy ova this Sociuiry instrument,�a�inB in�uct,P�Y�B �
<br /> ulomeys' fas and eataing on tha Propaty to m�lce repaire.Al�hough L.c�er may tAke pction under this pvra�aph 7�I.ender
<br /> - doq nOt hive b do eo.
<br /> My�nounts disbursed by L.ender unda this p�ragraph 7 siWl baon�c addition�l debt of Barowa securod by th�a Secur►ty
<br /> --- Inu�n4 Unless Baro�va and Lender agcec to ott�a tams of InYma�t, ttKx ama�nts shall be�r in�a�est from the dat�e of
<br /> - -- disbureanent�t the Nd�e tate�td stwll be payabk�with intawt.upon notioe fmm Lcndor n Bamwu roqocstin8 MY��
<br /> - == S.Ma�rt�sse I�a�oa If L�der roquirod mortg�ge insurmcx u a oondida�of m�cins the laan secured by this Socurity
<br /> �r;""=��'''_��� Insuuma�t, BomnNer shall p�y the paniums nquirod eo maint�in tho nwrtg�go ins�nce in effect. U,fa my reaxxi. the
<br /> y°,";•`'��s mong�ge insucanoe coverage roquired by I.ender lapses or cczses tn ba in cffi�ct.Bomnwer shall pay�he premiums roquirsd to
<br /> --'� , r.
<br /> ��,;�.,; ��` obnin cove�ge substantiaally equiva{a�t to the mortgage inwranoa proviously in effx�at a cost subst�mtially equivAlait w thn
<br /> �c�
<br /> _��,�r�,"� cost to Bo�rnwer of tha matgago insium►x prov'ausly in effect, imm en ciltanacc moctgage insures appmved by t.cnder. If
<br /> --:,:rp�'s_ substmnti�lly oquiv�lait mortg�ge inwu�na cowx�ge is not nvail�ble�Aocrower shall pay w I.ender ach month a sum eqoal to
<br /> _ _':�"'�r�,'. one-t�elfth of the yar1Y mortBeBe insu�ance Premium bein6 P�aid aY Bocroa�c+r aha�the insurance coveraga lap�od a c�ea�od W
<br /> �-;;�:.
<br /> • be in tffec�Lender will accept.use and retain these paymaiu�s a bse res,erve in liw of mactgsge intivrance. Loss resave
<br /> ---- Form�0�� �/YO
<br /> _.-aF_'_.'__' ` .
<br /> ' �-dR(Nk)pa�2?.o� P�a•ao�e InitlaN:__...
<br /> ����*
<br /> -. C,�... i .
<br /> ' �; �. :� ' :
<br /> y
<br /> .
<br /> . . ---"Tvca:��.T�f:ar'�'-.^�....�--��+�w..�w+w.r�vc�--� - �yi;.t"��`�'�•.__.._�._ �_-.--_.
<br /> - � °ti� . . . . . �� , . . ' ', .
<br /> ' . . . " ^n .. '' ..
<br /> , • � � k� ...
<br /> . � •V.•y., .. .
<br /> _ � � , _ ,. �iL�.�ii.�..:�+i..._ . .
<br /> � ;;4T�«�� . 'r�
<br /> . - i ' '�,. .� � �:i�_ '�.
<br /> .t �. .. ��t. . � , �i��y�•� •x� �e_. -
<br /> . ' Y . ' .Y• .. ., -
<br /> � ��__. . . � - - --
<br />
|