|
.. . ..:•:..-.._ . ,...,, ._„�:_ ;,� ._w�.
<br /> - _r���. .. . .� ,. . _:ZC: .r...
<br /> . .._• �� . .c
<br /> .:...�.. � ._ . .. . � - " - -
<br /> �---' ,-4..—..\.�w` — ---------—-- - —r—=-` �—, • . . , _- -- �� — - - �L..
<br /> ,.ti
<br /> ... . . .
<br /> ..,:�,—�:_— . ..� —„ >_—i_" " _'— _ _' _ ' _ '— —" ' ' '
<br /> . _ .. ' ' .. —— .. _ _ . . ._ _ . �°' . ��: _ .i�..t�• '_' � .
<br /> . . . - _ �,i _:,� tt,. 4 f::�;tfi <. :ry. .
<br /> -z ' ,; FS�-
<br /> k
<br /> l,`.�=_ --,-.�� . 9�� �����.� -�� �.���
<br /> �. . . , . ' S. Nsuasd or Pe+dgeity Ia�nance Sorrower shall (ceep the improvements naw existing or hereafter erected on the �''
<br /> ° ' .Pro�ny irasured agai�t tass by fire.ha�ards incl�ded witt�ia the tem�'eabended mvesage"and any other La�ds.including ;�. :`.,'�
<br /> :�'.°: �� lloods or Qoodiug.for which Lender requires insuravtce.TA+s insur�n�x sha11 be maintained in the amouau and far the geriads `''`=' `
<br /> �:;'_:
<br /> • � . � ` � itrat.lxRder t�equires.Ttie insuraacc waier praviding the insur,uice skal!be chosen by Borrower subjert to Lcnder s approval • `��,}�:'�
<br /> - ; whicl�s6all�noi�bc anreasona6lg withheld. If Bot�wer fails to maintain mverage descrised above. Len�fer may,at Lender's `"`�"•
<br /> . \ �.
<br /> - ` '- option.obtain.boic�r�ge�ia.pmtect l.ertder's rights in the Property in aocordance with patagraph 7:
<br /> '� ,-=`�` ' Ait insur.mfie poticies and rertewais sha11 tre acoeptable to l�ender and shall inctude a standard zrtortgage elause. Lender•
<br /> •_ "' . shalt frave the right ta hotd�the�oticies and tenewals.If i�ender requiies,Eor�wer st�il prompQp give to Lender afl receipts of ",�
<br /> � paid ptemiams and renewa!notices.in the event of�oss.Borrawc.�shall give prompt notice to the insuran�carrier and Lender•.
<br /> � Leader may make proof of Iws if not made promptty by Sorrower. ;. : •
<br /> ---�'':_._�= �� �: Unless I,e�er and Bomo+a�er othemise agree in wriw�g,insurance Qmnar�s shatl6e applied to restoration ar tepair of the _ -
<br />: . Prp}1ect�damxged.if the nstoration�r regair is economicatty feasible and Lender s sec�trity is aot lessened.If the restoradan oc _
<br /> ,. . ,- ra�Sii�is:not:economicalIy feas�bte o�Leader's security wouId be[essened.the insurance pmoeeds shall be applied to the sums `.. �
<br /> . . . .. secur�l:b?,,thi�..Secvrity Insuam�►c. cvhether or not then due, with any exoess paad to Borrower. If Borrotiver a6andons the ;. �':``
<br /> _ . __.. 8iro�eny;or�ttii�5;a9t answer.�vithin 30 days a natice from i,euder that dte insv�oe carrier has offered to settte a cl�int..ths�, -
<br /> . -- - ` I�nder may,��►11�� �►e.insurance praxeds. i.ender may use the proeeeds to repair or re�tnre the Property or to pay sa�ins . :
<br />- secured by thisr 3ecurlt3!•Instnunent.wt�ether or aot then due_The 30�day periad wiU�6egin when We noticz is giv�.
<br /> . • • Unt�ss leedes an���mt»�ver otherwise agree in wriung. any applicaiFon�of•prooeeds to principal sh�ll;nut exteM�or. � '���.�..
<br /> ' .�tpnne the due date oi�tha immthlY PaYmems referred�to in paragra�phs 1 and Z a�change the amoart of�d��paYm�nts. if� •Ei:•i-;_
<br /> UndeF ParagraPh�}ihe Pmpeft,y�i�_�63+L�ender,Borrower's rigbt m any i�rsumnoe paiicies and ptaaeeds tiasuitirg fr�om :
<br /> damage to the Pm or to an shaU w Leades to the euent of the sums securad 6 �this Security•In�rument� ' f`�
<br /> P�Y�! ��� P� Y =
<br /> . , im�nediately prior to tAe acquisi�fion: � • ,
<br /> �r .;� 6.Q9poopancy,Ptesc�rqa�an;��a��aee aad Pratmctioa of the Pco�sty;Boreo�-er's Iaan�A�pltt�tiat�t:�asebo(ds.
<br /> Bntrower sha]!,oavpy.esta6fi�i.,.�and ase�he Property as Borrower s prinsipa!tesidcmcr within sixty days atter,ttla sxe:utiaa af , : ��"> .:
<br /> ';�;::�'' . .`°� this Security,Instrument and siiall oontimi�tp occupy the Property as Borrower's priqcipal,residence For,at,least�apo y�t�tpr x�fr,
<br /> - —y" the daie of�oc�ancy.uritess Leader o�agrees in writing.whic�i coasent,siu�11�not 6e unreasonably wititlteld,:ot�W�lr.ss ;: �
<br /> ' �s extenuatin��'ciristunstartces exist whicf��axe lixyond Borrower's cuatioi.�:8nrmwer,shBl! aot destcoy. dmt�aga.or irftp�i,t�ra� �
<br /> }!� .�'� t�aoperty:allow tlie Propeny to deteriaraf�;::i�i.sa�mmit waste an tii�ii'�ia}i2rbj:�&I�oKer.ehaA he in�defaulti�9F,'sAy fQrfei�tife-
<br /> . , ' . ��.,�;, : �un or prooeeding.whether civil or crimin�E;.is.be�uu t#�t in L.ender's gbod fuitjf;judgment coutd result:it(i fmrfeitwe of the ' �, .
<br /> � "���'!'��;.:.. �F�penY o:mlierwise materially impair the�ie�.�l�v�ti�ss Security Luuumeat�oi Leader's�ecuriry sntcce�'Bnrrower maq .
<br />-••� �:•.�-+.,.,�•� f.'� ' r �'�
<br /> • ,.;� ;•. . cune suc6 a defauit and reinstate.as provided'i##s.r��r-.�ei 4�.by causin�the action or pmce�dMg•tu�be dism�ssed with a ruling .
<br /> f��.•. 'a�`' Wat, in Lender's good faith determinatzva'a �ad�s;€a�feiture of the Borrnwer's_interest in�qis:Pmp�tyf,�or•otiier material :i,
<br /> , ' � , ,s�`'' impairment of the lien cmated by this Se4su�;i �nst�..�a,t or Lender's securiry imerest. Borrower�s1t�S1 i Alsa ti�in defaulc if '
<br /> ;� '. Sorroaree.durin the toan licatioa m.cess: ve, '_ �`
<br /> r _ � 8 $PD P � +��Y false or inacc�rate is���maa�ion or stat'emeatG tt�I:�?ii�zr(or failed ��x :
<br /> 'f ' S `� to pmvide�.ender with asy ca�ri�ta!i�fait,�:ion).ia�c�n�ation with the loan evid�R�f by the Note.including;;:�uC.�noi Imuted ,���;
<br /> „,��'��;t to,cepresentations oonceming i�arsv�ver s�aaalaaacy of�se Property as a princip a�c�sidence.Ifthis Secnrity Lutrtiment�s op�: �f r�,:;
<br /> ,a,:: ..� •
<br /> � [eas�ho2d: Borrawer shall compfy a� ;s3;�?�.e provisions of the [� if Barmzarcr acqnires fee�tide to she Prapeciy, �►if�
<br /> , �
<br /> .�� �•r �.,:
<br /> .. ,,:.W�,: teasEhotd and the fee title shal��ot merg�u�t�8 i:ender agrees ta tTtc't�e�in w�3ti't�g. . .'•, , ,�}ia <, ,�° TM,
<br /> �. �• ,,,. 7:Yrot¢ction of L�cder's Ri�f►4s iz�.i��'ro��iF..i£Bomnwec fai�s�ta parfiirssi f6e covenants and agreemazi� d•' cer, �,_�l
<br /> " !:�:.: •`,�'�t�,;$e�arity Instrument,or there�is a le�i.�!�i�c�c+ii�i;�ii.��:may significandy-aH'e:x:Lender's rigAts in the Prp�nczt���(�u�,a
<br /> _ ./ r . �. �.,.. � .
<br /> • •.�saceeding is�,�nNFruptcy.probate.for�:c�ik�s�t�����crt`��rfeiture�or to enforce laws or regulauons)..then l,eb�l��mziy�a u�il:
<br /> i
<br /> �n �. . ..
<br /> � -A4 f' pay'for what�:.;t�.is necessary to protec�;?�e�c�x�of the Property an3 Lcnder`s rights ia the�ri;�?r�ciY. l�c�;ec`'��s�i�i4rtx t�a�j. _
<br /> include payisig�erry sua�s secvred by a��«�a�at�ich has priority over this Security lnsbvmet�t :s�pearin�s�i..;cl�'s�it.,�iv�?
<br /> , . � ' reasonuble att�meys'fee�and,entering op the�ropem}���!��atce mpairs..Although 3.r;ider may take action urui��:t�S paragtaph
<br /> . • ?.Lenderdoesnathaver[e;��. , ���. '.. ::' `•;:: `,s :• _
<br /> . ` My amaunts.disbu�,!a�tilg� Lender under this pazagiaph 7 shall become au���tibnal debt of Borrower��cttted by this -
<br /> �. � Se�ci�riry Insas�c�.�Udi(�s�rrower and Lender agree to other tero�;s�ff payment.these amounts shall bear interest from.��e,..
<br /> date of disbu�s•'rraeet�t: `:hote tate and shall be payable. with,iiri��:T�Lpc�,�qtice from Lender to Bo�rower reques�":�'
<br /> :� payment. . �� ;,5� . . ��
<br /> • - "� 8.Mortgage 1nv�`sanc�r�Lender tequired mnrt�er.;;:insurance as a cor�ditai.�±:�'matdng the loan securc�Ts�!thi�Securiry � • n� •;�.
<br /> •� •.�:� � • : �l,.:•
<br />_ . • r , inswment, Bor�owers.`�,�;,;.�y the premiums_mquir��_����r.taintain the mortgage insurance in effect. if.fqn:tc+�z� reason, the ,,��.;.
<br /> �'^ lat�ti� mangage insucr.�c�ovenige reyuiresi by�.cm�rr i:sps!a�r s�ra��,tc��:�e iu ct'frci.•8uuuwCr.sltail�,yuy ihe�rc�,iiti,i�u tequi�e,�io ;
<br /> , ��f��� �,. .' c�btain cove�:�itistantxaity equivalent to the morC�.�rr�:��cancr�n:��icusly in effect.at a cds��yxbstantialiy equivalent to the
<br /> � �;�' � aresf to Borro�ver of the rn�i�ge insurance previausf��in:�;fect. from an altern�t°-�ortgage insuner appnqti�r3:.6y Lender. If �1 S`.
<br /> � '" `:• at�ssttintially equivalent marn�,,,,.,:ge insnrance ooverage i�+,ic��1;;�railable,Borrower s��j�ay to l.ender each montis:�•sum equal to , `, �f••
<br /> _ •' •I,;'•���.;��'1 ; �' 'one-taelfth of the yearty merCgage insurance premium lt�S:sg paid by Borrower wheci�ehe.insurance coverage lapsed or ceased to ;',���.
<br />- �: ''+'�`"'`t be in effert.Lender will scoept.use and retain these payments as a�lr�e:��tese�ve in tieu of tt;ort�age insurance. Loss teserve � t ' �.•
<br /> .��;;�,�t. ::s._::
<br /> ""''}�+����'t� ,� •. , . Form8028 9/80 � 'y
<br /> ����t�;tti1'. . • , ,�i�;:'-
<br /> ..r � <, t - Pt9�►3t'lCf� -.. , 1tl,l;ts�
<br /> -:j�� f . .. .. . . . � . . {�h'}Y�%��
<br /> .. . ���-�j r . . ' � , ' , _ -
<br /> � � ' •
<br /> .�...
<br /> • , ..�:'s'•:.4. . .
<br /> • ' . �.. ..;i.� . .- - '
<br /> ....r.�.......�
<br /> ._ .. .. -..,f.�r.� .�..� .�i , -........ .. ' ..... . " .-•jS. , ���%:�� . .. � ..�!� _ ' t . ;-�C: l.r:�
<br /> .., . ...
<br /> .. . '• .�.:..� .. � ...r-.. .( . . . . .. , . . . .. . _
<br /> . .. ,. . . �.. .
<br /> .. � . . . . . ... �:.._,. . •. . � ..... . . . ' . .
<br /> . l, .. � . �_ . . . . . . � � � . � . � • . . .
<br /> _ .t. . .. � , ' . . _ . ' ' . . ' .. . . - . .. .. .. ' . � . .
<br /> _ . _ • . ' - . . _ . . . `,_ . . ' . . ' - , . . . � _ �1f , .- ' , .
<br /> ,:. .• ,. .l . .. � . . � .. • . . -• , , - • .• . • ♦� � , �
<br /> •.. • - . . � . . . , �
<br /> , • ' .. - .,' • , , . � . '_ . ' 1 . � .. . ... _ ." • . _.,_ ._. __" . . _-� .�• ''_: -_ __'.__ _ :. . :�_t_ . '
<br /> - t" � . ' � - ' . _ . . � ' .. • � . ' . . " _ ..
<br /> '_ . I - ' . ' , . . � . .. � ' • .. • .. . '�y '
<br /> ._ , . . . .. . . . . . . . . . ._ - , � _ ' . i�:�
<br /> - �' . . . - . - . - . _� . . . . . i.�' . . �
<br /> __. . �
<br /> �. ...• ' . . .
<br /> .�- _. .. . . • � . . . ..
<br /> 34� . „ , . � , • � � � , . .....�' _.._ . ' •� ,
<br /> '. . , . ,
<br /> I'.� • .� � �
<br /> >. �..
<br />
|