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<br /> ,. . . . �-� 98 �i,e�i 98- ���3� �
<br /> . . , � . _ RE•RECORD�D ... . .. �
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<br /> � ' � < • 5. l�r� or Properiy Y�m+e. Soim�ver sbail keep the itngmcements now eaistin$ or hereafter efected oa t�e ='
<br /> «� � - • I�toPerty insured agaiast loss b�fire, har�ds inciuded witIIia the cerm 'eat�ded oovetage"and any o�er harar�s,inciuding . _
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<br /> . ttaods ar ttooding.for wluch Ix.ader req�sin,s iasurance.'Chis insur�uoe�shall be maintaiaed in th�amuunu aad for t6e periods - . ��
<br /> . . that Lender requirES.Tde iasurance carrier providing[he insuzance sbail be cEos�by Bomower subjact co Leader's appmval . °,�' � _ -
<br /> • . . ' ..I wt►itb shall nat be vareasonably aritht�eld. If Bozsower fails to maiamin coverage descriDed above, Leader may, at Leader s ' .
<br /> . :, opdon.obtaia wverage to pmtea Leader's dgkts in the Praperty in ascordaase with paraga�h 7. .�`: ."
<br /> . ` ; AIl insuranc�polic�es aad rat�ats shall be aoo�table m lender ana shail inctude a standand mortgage clause. l,ender °` '. . •
<br /> ; .' � shall have the right co hotd the policies and reaewals.If lrnder requiceg.Bormwer shall promptly give to Iender all receipu of .. .
<br />., :, j paid premeums aad renewal aotices.In the eveat of loss.Borrower shall$ive prompt norice to the iasurauce r.arrier and l.eader. _ _ __
<br /> ,---.— � L�er maY malce pmof of loss if aot made pmmFtly by Banowec. , ------ -- .
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<br /> • . ,s.s • = Unless Lender and Boirower othenvise agtee in wriang,iasurance prooeeds shall be applied to restoration or regair of the - _
<br /> � p�oPerty damaged�if the restoration or re.pair is economirally feau'ble and Lender's seauity is not tesssned.If the restorasion or .. � .
<br /> '. : � repair is not eoonmmically feasi'ble or 1,eudEr's securiry would be l�ss�,the insurance proceeds sha11 be aPplied to the sums - _._ --.;:, �_.ti:-..
<br /> e � ,,,ee. .
<br /> secured by this Secraity Iasuum�t,whet6r.r or aot then dus.with aay excess pazd to Barcawer. If Bomuwer abaadons t!� :; :,';J _,:' �:>
<br /> Propeity.or does nnt answer withia 30 days.a aotice from Leader thst t�e insurance carrfer I�as a�to s�tte a claiai,d�u :��'f,f,�h t�`
<br /> .`•• ; I�nder may aollect the ias�ttaace p Y F�S � `����`'
<br /> �� mceed�. Leuder ma use the to r�pair or�store the Frap�rcy aT 3�;� �s , ,s��f f
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<br /> secured by this�CtuIty IIIS�.arhed�er or not t6ea due.The 3Q-day period w�I Begia witers the not�ce is giyi�:,�;;:i;: •: : �� t ".�
<br /> .` Ualess�.asd�and Bomotver oth�vise ag,ree ia wriuug. an�applicatIoa of pmceeds tu ptincipa2 shat��!�d�t7�.�s�:� � �' t; ' rt;iy s'u��
<br /> ";�;t PostFoae t�e afl�l�of the rrtonWY Faytaent�ieferred to in par�apbs 1 and 2 or change c$e amount of the pa�..�f.. , r , ;
<br /> , ' f�<..'c::. . . under 2ii�e Pm e is b Lender.Bonov��a's t to an insurance olicies aud mceeds r�suttin ft�'.,- -� �r""i`�:":,
<br /> t.: r � P�,���-'. .. . P �y� �� Y � Y P P � { t `:� �r r �-;-=
<br /> , ','.��`� ; ' damage to the ff�a�aty prior to the acquisition shait pas�tri��.ender to the extent o f t h e suins s e c u r e d 6y t h i s S e�.v t�j I a sttusr�t� s�s _
<br /> � {° �i�TCtY FII4fC&�T thC 8CQI1tSitIOII. .. . . ���z�;�'
<br /> , , , . � ��� •.1 6.�y�;,�t+eservattoa,MaM�ce and Anteetton of the Yno�ty:Barmwer's�ae+Appidra4¢wa:�ats�. ���� --
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<br /> ,:��t J,� Baaower shali�y,e.�tablish,and nse�l�;+openy as Bomuwer's principal�esidense arithia sixry days after the ex�ca t�f . �:`:, ;f�;,f.� ;N,o,�,t:;
<br /> _ � this Securiry YnsWment and s�aU continue t4:•occuPY the Ptoperty as Bomnwer's principal tesidence for ai least one yeat aft�' .;t�,�u?.�a'-
<br /> ' the date of occupancy,unles B.ensEer otherwise agrees in a+riting,which ooaseat shall not be unieasonabIy arithheId.or unlass� ,�r:�'�•_�-•"�==*_
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<br />_ . .: exe¢nuating ci�cumstances exist which a:e beyoad Borrower's control. Barrower shall not desa+ay, damage or imgair tbe t;,�. .
<br />_' ' >- . Pro ,allow the Propeny to deteriaraze.or'oommit waste on t�n:Property. Bomower shat!be iu defaWt if aay forfeitute � ,'�.:.•�,-:•�
<br /> � P�Y ., � _:_—
<br />- � � �• . =�':: action or p�ding.wh�her civ7 or c�.�iissr�l,is begun t�at ia L�ader's gaad faith�udgmeat oovld tesult in forfeitu:e of the ,,_":��.;�__—
<br /> � Propeccy or athe�'vise materiaAy impair i9}�e 1��created by this Securiry Insuument or L�nder's sQCUriry[ntcrest.Borrower mayr .. .
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<br /> � � � cure su�1►a def�:aad seinstate.as pmvr�m b 18, causing the aaioa or mceeding w 6e dis�nis^,�+1 witb a ruling 't'E!�'t4� .
<br /> P� �Y P ' ��,�.�! �
<br /> �� that. in I,eadd��gt�od faith determinadon,pzecludes fodeitum of the Borrower's imerest in the Ropeny or atit�r material ,,;�. - ,�,�;
<br /> ��,�,�� ' impairmene af tl��ien created by this Secarity Instniment or Lender's seetuiry intesest. Born,wer shall also be ia def�tc if ;�;�
<br /> ` `.. �oicower,diuusi��loan applicatioa pra�ss,gave materiallY false or.s.�urate information or s�Emants to Lender(or f�i.�__ � ,_ : ��
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<br /> , ,.•,� to prnvide l�ri�b aay matedal infaei�oa)in oonnection wiaHi r,��Loan evidenced by the I�tv�:inctuding.but not 1i�tae� . � ,�
<br /> � �. :. [o.rePreseatatici�+�one�rnu►$Bamowef�.�ir��PancY of the Praperty��principal sesidence.If ci�Security Insnument is a�� '�..,��`••�'��
<br /> .. - leasehold, Bosower shall compiy with all the gmvis�ons of the le�. If Bomuwer acquires fee ti8e to the Property. tfle , ��,�: .:_T �
<br /> _ _ � �- IeasehoId aad the fee title sl�U nui merge�mtess Lender agrees to t�e�er in writing. �: '. •:.��
<br /> 7.Proi�ta�of Lender•s Rtgtits tn�e Ptoperty.If Bormv�r¢�a G�s to perPorm We coveaanis aad agreements wntained in ':' :`��'
<br /> • ' this Secutlty�tniment,or there is a legat pmceeding that may sigai#�cantly affect Lender's rigbts in the Property(such as a ; . -?�:-A
<br /> �;•"��;,:°.� pmceeding in b'au�auptcy,pmbate.for candemnattoa or forfeiture or io enfone laws or reguIations).thea 1.ender may do anA . , . ••..�:�•�_
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<br /> ' _ pay for whatever is necessary to protect the valae of t�e Pmperry and Lender's rigIlts in the Property. Lender's acNons may � �
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<br /> �';;':s'i. inetude paytng any sums secured by a lien wtuch has priority mer this Security Inatrument, aPA�B in court. Pay'ing --�- "�,
<br /> ; . :'•'.�� rea�onabte aanfa�ys'fees aad entering on the Property to make repaus.NthougQ i�ender taay r,a�c,e action uttder this pazagraph �.. x�"'��F
<br /> , :6', . . 7.Leffiierc�n�have todo so. _- � ; -.--__
<br /> '• ' . ;�r?4 E My �i�disbuzsed by Lender nnder this paragraph 7 sl�ilt I�me a�donal del�:¢�Bomawer seeared by this - ..
<br /> .:� - `'° Securt Insuv.:�.�nt.UWess Borrower and iender a to other terms of . ��,ese amomsts shall bear iaterest fmsn the '• .t,,;, —"�..
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<br /> �'.�„'� .. � date of disbwsement at thee Note rate and shall 6e payab2e. cvith iacerresst. :��^-
<br /> -•:�r:,;i' • �..�`�i t ITQ�Jr'.61Ci4f'L'C fiOm�.CII�Cf tO�oT1134Yei I�11E.4Img ��%;"i��.
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<br /> � : .' ;j��� PaYment. �•. � , �.,.-_�
<br /> � .rs��. 8.Aldur(,�t�-,7ttsuranoe.If Lender required mortgage insurance as a condition af making the loaa s�by Wis Seauity t','�,���`
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<br /> ,��{,� _ �n�umeuk.�'ptzvs�ver shail pay the premiums required to maintain the mortgage insuranoe in effect. If, for any reason,the . .� � �`4R�,_w�.
<br /> �fi,, �sirs�.�"v�nce coveiage requued 6y Lender lapses o�ceases to be in effect,Bozrower shall pay the prerniums required m � .:',�,:
<br /> , ,�,��+r� ' �� cJiii�iii:arit�rage substaaaally equivalent to the mortgage.insurance pnwia�ly ia effect.at a oost suDstantially equivalent co the y� �� '.� �:
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<br /> -` �`��:��� a�d�C�Wi;t�isrrt�S;�r.of the mortgage���+�*a*+ce previously in effec�, �aa alteiaate mort�age insurer approved try Lxa�,,�f :�.,_ ��, ��
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<br /> ,,� ;,rt�.,,: substaR�aLyr��►uvalent ruong�e iaturaace oaverage is not availaisi�„131�mower shall pay to l.�der escb montb a svm c�u�l tn:. .;;�.%,.`�,�'
<br /> ��,�f,� one�iwelP.�ol'tls�yearly mortgage insuraace premium being paid 1��wer when the insuraace coverage lapsed or cea�pi;��� ';. ,�•:'�'`' �
<br /> ,f . .� - �2 in effect.�drr will accept,use aad retatn these pay�ents as a�ns�,'teserve ia tieu of mortgage Luurance. Loss r�c.�� ,., :'.;.`:�'�`°�
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<br /> �_ • i: , � '• Form 3028 9(20 �l;':''%���'`' .
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