|
�. 1":: .
<br /> - . . . :n`'w- ... .. ..
<br /> ..
<br /> � .� ,- .-`" ' " '� ' - - — � -
<br /> � . .. . ._ _ .... � . ,
<br /> . . ,j , . , . . ,',;�.-. .. !l .
<br /> . � , C7`�iL' .. .. ia�.,.._..'.'.. . , .. . . . ....... .__._a.-�_.__i_.__.f_......_. ., .... ..� . . .. .. , .'at: 't�l"lG...T...Lf' . � .
<br />... _ .. _— .---c _"'__ _ ' S' ., —�
<br />. .. ' . � . �' � .. - - �_
<br /> .� . . r /� ����9����. � :;:;,k��-�`,!�
<br />�- , ._ • . `� � 9 w ��+��Q-.i rJl�`:T?:i�'`. � .. .
<br /> . - . 6. Ooa�psncy. Pt�s�rvattoa, Mainfenaac�c sa�ProleQloa oT�e FrnP�'tY: B�ruRe�s Loan Apgitcut�on: F,;.�y
<br /> `` i.easehaids. Bortower s�all occapy.estab1isb.and use the Pmperty ae Bormwer's priucapal ccsideaoe within sixry days ��" '
<br /> � � � � after the exeauion of tAis Securiry Insmmnsnt and shatl continue to accupy the Property aq�omowor's pnctcipat resideace °�� . .". �
<br /> r: � '. fer at least one yesr atter tht date of aocupancy.uNess Lender otLenvise agrees in writiag.which oonstnt s1raU ao:be '
<br /> . .,� , unie�sonabiy ivIthHetd,or uatsss eatenuating draunstances exi�whicb ase beyoa�Bomm�er's oontrol. Bomowu sha41 _ . � �.
<br /> " �� ., r. : npt dest[uy.damage or impair che Prop�erty,a11ow the Properiy to detcxiorate.or oammit waste oa the Prope�ty. Botcoaer . . ..
<br /> � sDaU be in default if any forf�inue action or proceeding,whether crv�l or criminal.is begun tha►in Lender's good taitD .
<br /> . , judgnteat coWd cesWt in forfeitare of We Property oar othecarise materially impair the ticn c�atod by this Soc�niry . .
<br /> � , :� Iasut�meat or Leader's setauiry intecest. Bormwer may atte such a default a�reinstate.as pmvided in pasagraph 18.by . . �
<br /> - - ,�:�:_�` ` t�usiog ti�e artioa or p�mg to be d�smicsed with a iuting that. in L�tdea's good faith det�an. Qtect�des - --,>---.----
<br /> - -. ` 5� s forfemue of the 8orcower's iateresc in the Property or other material impaitmeat of the liea cireated by tLis Sxuriry , '•� �,;',°:
<br /> ' � � t a s u u m s n t o r L e a d e r's s e r u r i ty i n t e r e s t. B o n a w e r s 6 a l l a l s o b e i n d e f a u l c i f B o i r o w e r. d u r a t g t h e t o a n a p p l i r a t i o a
<br /> Le e �-..,,:: .`':
<br /> ,� P�•8ave mazerialiy false or inr�curate imfo�mation or statemsnu to L�ennder(or failod.to provide Ixandes w�any ----.,�;-,-,,
<br />� °. � maiecial infvru�ation)in oonaec�iva w i t�t�e toan e v i d e n ce d b y t h e N o t e. i a c t u d i n g,b u[n o t t i m i t e d c a.�e p c e s e a t�i o n s _ __. .::,.,��;:`
<br /> :;? ooaceming Bosrower's uccapanc.Y of the t�rogerty as a princigal tesIdencoe. U this SecuritY msavmeat is ea a Iea�e�COId, ._ - ,�
<br /> . . .:�,;�.:�
<br /> Borrower shatl¢o m�Qi y wa6 ali the pmvisiaus af t�Ce Iea�e. if Borrower ac�ui�es fee atIe w the Pmgerty,the LeasehoLd and . r '' ` ',;:.`t,.f{:.
<br /> • . :, �� �..A'";';_.��;�y..
<br /> � •':-� the fee titte shall not mcrge unless L.�►det agcees to the ts�etger in writIng. . 6"�:•,,: �.,':,.•,�
<br /> >,;.;• � r �
<br /> ' � ' 1 7. �+oteetf�m a3�Icr'g L�in We�ta�tq. If Borrower fa�s to perform the wveaanu aad�ts ...c;:c .,. .r>
<br />, ' ,. � oontaiaed in ti�is�uriry r,.�nnre�±r or t�ere is a lega[pm�ding that may si�y affect Ixnder's s�g�ts in the ; . '�_
<br /> •...,�� ;
<br /> • �,-' pmgerty tsach as a pmceediag ia 6anTauptcy,Probaze,for oaademn�tiaa or forfeh�re ar to enfotoe laws or rtgulaTions), _ . .
<br />_ ' ': � then Ixnder may do aad gay 6or whatever is neoes�ry w pmtecc t�e vaieze of the Frap�y an�Lender's rig6ts in the �`' i;��
<br /> Progeity. Leuder's a�tians mag �aclude Payintg a� so� s�u�b1► a liea wE�di.has prioriry ovet this Securiry � F �.
<br /> • • '.� iastncment.aPi�tug in aa��a.YittS�s a a a h le attos�eys'f e e s s u d e n t e r m g o a t R e h�t a g e r ry t o m a k e�e p a i r s. A l t h o o g b :':�
<br /> '', . . ,�� Ixader may take astian ander tfs�pa�F►7,ixnder doe.a not have to da�. . _ ""��,
<br /> _ � pny amotmts disbursed�Y�adc�nudec sbis paragraph?sbaTl 6i�ar�ae��itic?�z1,deat of�arruc4rer ses�ed�►y tbis _�!'��:;
<br />: . ' -:��:,q Sesacity Iasuument. UNess�ur�ri�mt�:�asder agre�e to other terras crf�eac,ttre�e ama�ts sBaII bear iwre�esc fram -=-;y_:',-.=;��;;�1
<br /> '. the date of disbursement at c�Ltita�e i�,a�id�s�ari 6se gayable,with igterest, agms a�oe fct�.Len,der�o Hommwer , : �tf�,,
<br /> m �.�_. i
<br />_ � . ._ ., _ ,� •�'1��D Qa�eQ�' -- . .•_..•� ' „ '� i'c.%�'���-
<br /> 8. Mortgage Ia��Lf�r,9quired�s�insuraace as a omiditia¢ofmatdng the Ioaa secu�l Eiy this --
<br />- .. .•r: Seautry Iacmernw[,8oaower s�l pag dn��temivms�cr-'red co maintaiu the mortgage insuranoe ia effea. jf,lcor aay �`�,�_�:
<br /> .. � ,:,j r�on. ths martg,age iasm�ce coverage ca�►ired b3+Lender lapses or aeases m be in effea, Bonower sba11 pay the -.- -`�;�+�=
<br /> j remiums�oo ubtaeu ooverage sulsstantiaUy equivalent to t�e a�rtgage insuranoe pievimuly m effed.at a cost ' „�-�-
<br /> .� i substaaiiallp eqaivaFeat to�e�ast to Boaawer of the atortgage insaraaoe prevlousty iA effe�x,fmpa aa altemate murtgage ;� •��=_
<br /> .. . . �'. iirsm�t sgpmved�,+Y�c��i�S�tantIaU9 equiva2ent mortgage in�uance c+ovenge is max avalable.8orrower s�pay to ir���;��.
<br /> . •.�Y:1 Leucf�r�:It iuoruY�a s� �wwane-twelfth of the yearty mortgage ia4urance�O�fsciag pa�d by Bomov�r�r�the �
<br /> �� dn�se a as a loss�ve ia '�'��
<br /> � . � ,�. • insuraace eove�e IaPse�or�m 1n���ect. L$nder aill aaxpt,use an8� P Y� . :�+<r�L.-
<br /> � . ` .r�� li�of ucarcg�e�s�erauc�. �ss rss�+:'pa�aents may no loager 6��,��+�:optioa of llender, i1f t�usgage .. ;.�:—.
<br /> ' ' insurauce caverage t�ttre a�i ao¢d fi3ir.�e peiio0t�Lender r�esD pr�vid��sY��ns���ro�h!'_�lxnder .;���;���'-"�
<br /> �- �..;-:;
<br /> . a�aiu.6ecomes availabte andi i�s a�aed. Bormwer s1�1�.}�t6e premiums�:�araintain mortgage�hce u► ��,.,;��-�
<br /> . � .: �r� e f f e c t.o r t o p m v i d e a l a s s�e,u a d l t t t e re q u i��:,-!�r m o rt g a g e�oe:�m accordance wlth a►�g,��riueu :��'i�f�
<br /> � agceement betweea Borrower�d Lestder or applicabte la�. '>� � � ' . .-'�.
<br /> � � �� 9. Inspection. Leuder or iu agem may make reasonatsle enules upon a�9�ons of the Pmperty. T�ecder . : .-:'�=
<br /> . ' sLall give Borrower aodce at the 6me of or prtor to aa inspoction specifyIng reasea�''4:e�ause for[he iaspection.. � :.. '���=-`
<br /> . 10. Condanaatt�Q. Th�proceeds of any award a;claim for damages,d.i��x wnsequ�tiai.ia connecdon.with ., :; � : �:'�L'-�
<br /> � �' any wndemaatloa or ot���of any part of the Propeny. or for wmeyac�.uE 9lev of condemnatto0. are d�ereby j � , �=�:
<br /> � . ' .� � ':� assigned aad shall be paid ao L•�m3er. . . ,. � . •���
<br /> . `. In the event oi a wtal taTcing af tiie property. the proceeQs sh�l be app2ie�.�9�.i�►;sums seaued 1+Y this Securiry � .'.;�
<br /> . � . ;; -;� Inswment.wbetber or not then dRe.v�,as�excess paid to Borrawer. In the eves�oi���SaYdaa r�g of the Pmgerty in � . : _�-
<br /> �, k ��mount of the sums . . -�?'�'
<br /> � �� abir�the fais market value of tke�i�'iiumediatety before the taking is equal tw a��t�?�i�a�.
<br /> ser�ue0 by this SeQUit3►aas��a�r��before�he taking,unless Borrower am'�II�ds��wObi�w�agee inu�mdng. �. :;.�.
<br /> ;, ?;
<br /> iIInmt�
<br /> . the sums se�ured by ttus�ii��'���ant ahall be�ed Isy the amouat of dt���i.'eds muiHplied by[Ece�tii�trwing _ '.:�,(u^���.La��
<br />-` fiactton:(a)the total amaaur vf iitn sums secured imm�d'�ta�t�r befose the t�ciag.diia�i�y N)the falr mazket+r�:�ai the °�`°.: .M'-
<br /> prugescy iffimediatefy�efore�tiie taking. Any balance sbalt be paid ta;�orrower. �the eveat of a partial ta�rii�:of the . �
<br /> . ` '1 �P�Y in�i�tYe faa marlcet value of the Property imrr�diatc�y ti�a��the tala�g'ss less tAan the amount of ihe sams - -
<br /> " sec�ued ittt�i�Tp i�efare the taYing, unless Borrower and Lendec a�ii�wlse agr�in wrlti�g or ualess applicabl�law • .
<br /> : ` � y other�vise pravides.ttte�rcaaeeds sLall be applied w the suias s�'b�t�t�is Sew.inyr 4nstiamenc whether or not the sums . �'�, ,
<br />=:�� :� .�r���.;�..
<br /> ,y,. . are thendue. � �,`��¢��
<br /> � � `' If the 1?�operty is at�andoned Oy�oTrower. or if.after notice bg:�onder to�amawer that the condemnor o:t'tera to ' ,
<br /> • :�4 .
<br />� -r mage an a,wan3 or settte a claira for dama�s,:�Boirower fails to.res,r��rn_Lender within 30 days aRet the date the n�ice is �,;��:<
<br /> �.'+
<br /> � � � �iven.l.eades ii�autIIorized to collect anz�a�l',.v theprocee6s.at Lt�q�p�lsn�;t�er to restoratton or ce�r.ic of the Property or to ' ,''=
<br /> ? r the sum4 sec�i Isy this 3ecxtritty tn�:iRhctftc�s or�.t.d�,�t�:� �.. . .� ,; ,'��`-°-
<br /> � Ualess Lee�di�aad 8ar�s�r�athetwtse agn�e iu�rriif��>=au1:�j}f?iivacQoa of pca�eds to priacipa�shalt aoc¢a�t�a�or ,.I: f`,�;�zj s,'"•.�.;•;
<br /> ' : L
<br /> '. ' : postpoae the due�a���nt�ily payments refeax�iu�i���nra�iM.i and 2 ar change We amourtn of�ds�p��s�ts• � `:.t r`�,,,�:,,, :,.,,,;
<br /> lt. lsavcaar�c�u RroG�?a�sed: Forb�ce�y i�rti�ar t+taC:,u�l�aiver. Exteasion oi[he cime fas �r�c�.t o� ` '>%�`��tt'-s s;:jf�.;.
<br /> ; ; modificaYior�ofamnrd�tibn.of tPce sums secnred by this SeQUity G�'stt�m��ent granted by Lender to�ny�sar in�t of : ....•f; .
<br /> . >. Bormwer skall'poc opa�a S�.release the liatsiliry of the originai IIo�wer or Borrower's su�ce�n�.i�.iat�est. B�eader. . ,
<br /> shall not be requimd�ta-cx+mmw�e proaeedings against any succrssoc ia interest or refuse co extend tvne for paym�at ca , � '. , � . �
<br /> we ' ,
<br /> = ', . ,
<br /> � othenvlse madify amortizalion�of the sums secured by thia Seruricy Iaswment by reasoa of ar►y demand madie Ti�th� � <<...;..; ,
<br /> , �. origival Boaower or Bomswer's sur�sots in inter+est. Any fnrbearance 6y Lender iri eaercising aay�i�Ur.cnr r.r�aedy ,'.. . • •,::.°
<br />'. ' � shall aot be a waiver of ot preclwde�ie•e�rcise of any right or�y. • , :t;`.;;'
<br /> `c�' '` lE. Snooessors and A�signs 13unu�d.Juint and Severa!D.�1fiWy; Co�tgAers. The oovenancs and agn�n[eats of ;., �?, ._<,_._.
<br /> `} this Securtry lnswment shall bind and beaefit�he suaoessors and assigns of Lender and Bomower,subject to the provi�idtts of �:;.F,;;' ' . .
<br /> ` . , patagtaph l7. Borrowet's covenaats aud agreements s�all be joi�t aud several. Any Borroarer who co-signs.dlia Sectiriry i;::.:.�, .
<br /> � insWment but Qoes aot eaecute the Nute:(a)is co-signing this Seauiry tnsuument onty to mostgage.gr�ur.m�d�caavey . .
<br /> '� ' � � that Etflrrower's interest in the Pcopeny uuder the term9 of this Seturiry Insnument;(b)is not personalty obligatCd to pay . .
<br /> ;; �` ' the sums sec�red by this Serurity Instrument:and(c)agrces thai lender and a�r other Borrower may ap,ree to exteaid;. .
<br /> �. . modify�forbeag or matce aay ac�eommadations with regard to the term3 af thia S�cvuiry Imstrument ar the Note wi�hani Utu
<br />-'��� � Bor[ower's cansent. • �
<br />,.�� .� i0�3A IDNPA)J/SS IYeEtaspe Pmm�02D 9l90 Ipag�3cJfp�[a).' .
<br />, .
<br /> =, ---==-=1 _
<br />,, - -- -
<br /> ,
<br /> ;� �.� ,; .
<br /> �
<br />.'�r� .
<br /> 1����. . . . .
<br /> [`}
<br />.f� - _ . .. . .. .. ._ .. . -.. _..'�.... ... • _.._,_ _ _ ...._..__.._.. ... ...... . .. . ........
<br />
|