|
� ' +..:ayl'�ai1�l " .. . �. , n�.�.5.3i..i.i'.ic:a'a..�.. ��:..3
<br /> � +� - �'_- __.—" - . ��_���_�.rf� . � . � ' _ .. � L ..�. . . ' '"' ' . - � . • . `.+ -
<br /> .', °+.. . ' �� _
<br /> i�.a.��:• '�. ♦�( �•. :�1� �.'.: "' ._ _ _.__�=3`- � __ _— ^` — .
<br /> - :1� � � ' S-�.1 � r� . . . �� � \r . 1 l , �1_ . _ •. _{�.
<br /> + a a p L� v ,�r. y �a `�k H�:. s ,s��.� ,r - -'-':�..�.:�__ r- �,:' 1
<br /> .. .��:-� >F.,: - �. --- 4' .
<br /> ' . . ...F' •:F»�i :. -
<br />.,! � .'_ _j :;�i I �������� ct<n`��.
<br /> :� .`"t. ,` 5. Hamrd os Pmpetty gasarance. Bormwer sbatl Qeep the impmve�c�ents aow existing or he�raRer crecoed on the ;;•:�:.
<br /> � " = F'� pmAerty insured against�oss by fice.hazar+ds ir�iuded within the tecm 'extended mverage'and any othsr ha7ards.inctuding
<br /> � � flouds ar Roading. for wSic6 l.ender requires insurance.This insua�auce s6a11 be maintained in the amounts and far the periods
<br /> . . ,y'F'. that L,ender requites.The in�uranee canicr pmviding the iasunnce shalt be ctu�sen 6y Bomo�ver sublect to Lendei s upproval �.;�,
<br /> - ,.��.r wl�idt shall not be unreasonably withheld. If Bortnwer[aiis to maintain oaverage described above. Lender may. a. Lendet's '.;;�;.
<br /> . ` option,obtaia caverage tcs protect Lender's rigAts in the F�+operty in acrnrdance with�aragrdPh 7. ,. ' .
<br /> .•. '`� A{!insurance policFes and reaewals sba1J be acceptable to L�ender and straU inctade a standard mortgage dause. Lender ,i :�; .
<br /> ' ��"�� sba116ave the right eo hofd the�lici�s an�f renewals.If Lender reqnires.Borrowec sha11 ptomptty give to Lender alt receipts of
<br /> - �;:-r=:.==: _ ::;:_ -
<br /> -- ---- - .�� Qaid gremivms and renewat notises.In the eveat af foss.Borrowee shall give prompt notice to the insurance carrier and Lea�der. -
<br /> ;�,..--�-°"f� : Leader may a�pevof of loss if not made prorttpdy try Bomower.
<br /> ""'°��'`:� Uatess Lertdcc aad Bomuarer otherwise agree in writing,insur�tce ptacceds shati be applied to res*.oeation or�epair Qf t6e
<br /> _ , ...�:
<br /> • ' �` pcopeity damaged,af ttre restoration ar r�pair is eoonomically feasi6le artd LerWer s securi�y is not tesse�l.If the resmratioa or 'y
<br /> ,, �_�::,
<br />. . ____'^.._�,e.F`l.
<br /> . . , --,-,`rF'i:: reF�r is mot eronamicalty feasibte or 1�'s senuity nroutd be Iesseaed.tEie insurance proc�eds sluili De applied m the sums ....v 4�
<br /> . . :`•��'.' secuted by this 5ecvriry Instrumert. whett�r vr. not�eu dae.with any exzess paid to Borrower. If Borrower abandons tRe _ _
<br /> ;•;-�° Progerty,or does wot answer arit5in 30 dsrys.�rt�c�ice fi�•Lxnder that tAe insnrartce cnrrier has offered to settGe a cEaim.therr '�::'�;
<br /> f'`; lender may coiftxt the insurance proce�. hr�c.maax�se the pcoveeds to repair or reuore the Propecty or t�pay snm.s
<br /> . A , s�by this.Senasity Insw�t.wtie�.�car u�t the::t�.The a4i�y periad arilI 6egia a6eo t�e aotice is giveR. ' _.
<br /> ..r,�. '{ u :
<br /> =�..;.,:'._;,��:„�F'- :. ITnless L�eodes aM 8orro�rer atHer�agcee in writing. zuY �ap[icatio�of proceed4 tQ principat sRai�nnt exoead v� �;:r;,;
<br /> : ', � :.��}.�wr. postpone the due date oE tfla naonrhly payments neferred.w in pa�hs 1 arrd 2 or cRange the amaant oE tRe paya�ents. I f �:i<�A.:;
<br /> •.. ,..
<br /> _ -�•;;�t �mder PazagraPh 2I the P�prCt�/•is acquired 6p Een�er,.Eorrower's right to anSr iassrs-ance policies and prcc�eeda cesuiting from �_;
<br /> `_�y::z damage to the P�openy precv0a t8e acquigition shal!�ssaa Lender to the extent of�e s�uus secured by this Se�i::y Inswment �;;
<br /> . � ' immediazely prior to the acquisitio� ' .:
<br /> .'�-.'�' ::L � ,
<br /> , . 6,pccup�ne�r, Presesvatton,l��ce aQd i[°tetectton of the Propest�;Borrower's Loan Applicat�on;LeaseYtulds. ,4 :�:
<br /> :`:�;,. ':`t; � Borrower shall occupy.establist�.and usY tltie�'�Borrawer's principa!residence witUia si�cty days aRer the e�cetution of
<br /> '�'��,: �,�i:his Security Inctcurnert and shaU conanue i�
<br /> •.`�-; � • o►'ew��_SUz�Property as Borrawer's principal residence for at leau one year after --
<br /> ,2 :: . •tl�date of ecc�paacy,unless L.ender otherwise���n Wriring,afilch oonsent shali not 6e unreasonabty w�rth.'�Id,or antess
<br /> .,.. �: 's%�=; eatemtatire�cittivm-stance.�eaist which 2ce.l�eyond'�:ii�v�ter s cantrol. Borro�ver shalt not desUVy. dama8e or impair t�e
<br /> � ..�>..y, ,
<br /> - �': :.,:.;;;;:;;�. � Pmperty.a3Pc�rr.lite Ftopetty�deteri�a or commit waste oz.itte Property. Bnrrower s}ral!be in default if any forfei�u�' �;�,. ,
<br /> ' ��._ ,:`�''"� action or proceed'sng.w�e�er civ7 oi c�na1. is begun that��;��''s good faith Ndgmei►t mutd result in forfeiWze c;�'thc': +
<br /> • `� �� Praperry or otbetwise�1y rcnpair ti�e lien created iqr this S��inst�uatert or LendePs security interest.Sorrawer'may� �x�
<br /> ,. s`;,`"� � cure sac6 a defautt and r�'maaL°.as}►rovided in parag�i8.hy;��g the actx�i�r prooeeding to be dismis�with a nilis� • ��
<br /> ., ar_«.� that, �n Lender s guod Fa.�d�term^a�'�.�►re¢iudes�E'�rfeita�e.c�f'ttra Barrower's iaterest in the Property or other�
<br /> � � ;a,�• '
<br /> ':�::..:r"'ti. _ imFairmeat of tee lien cre�ed b%t,°ti4-,;;�tY Instr�m�nt or l�;"a security i�eeest. Borroarer shaU atso 6e in d��lt��f:;: . '��Y�
<br /> �` s ' Borrower.during ttn loaa appl�psi�t:�rttaaac,Save matenatly fatse or inac¢urate information or statemeats to l.rader(or yn��.'', . i
<br /> + �•, � �` . ��w provide Lender wiQs a��t:ri�2�oi7i�tion)in conmaction with the loan evi�teu�ce�by the Not,ir.c!►:ds�,tv�t not t�?�" . �'4,`
<br /> }"��` � t y �f' � .. •.•���a.rePres�ta6oQs cooder�'.it�1y�vcro�.?as'�.�raapanc�r og t&e Property as a prinri�residence.if this Secuzi:g.H�icument rs on a
<br /> rl�a��;� '. �� �' ,'�:�1ra�ttotd,Bo�run�e�r sDaJ�-npty ccY�:�'�i tLe pca�ri.4ioas of the lease. If Borrovrer aoquires fee titIe to t�e FroQeny.the r�ree;-�
<br /> �a �� .� '. .����,` ,, -
<br /> '' f` i;•�,.� :� �,� :.• :.'�easeRoi3 a,�t�e fge ti3t�shall no[cne�g:�u�i�dess I.eader agees to the merger in wriung. ��-
<br /> ' �}� -',��.:u � ,
<br /> ,; ,_.-_c._..�,_�, � ?.�a2cc�ks�.�f l.emsle�s Rfg$ts in the["top�ty.if Borrower fails to pesforan the eovenaa�and agreemenu containad in .� j;.
<br /> t.��" �'. <j •,.,::'` � ��:'��tis Sewsity InSUUUneat. or there is a tegal proceedia�that may significaritly affoct l��der's rights in the Pcoperty(sach as a �
<br /> 1� E,'�
<br /> r'��'�. i . '*'•�r� ��:'prooeeding in bankraptty.probate, for condemnationa or fotfeimre or to eafor+oe lavts or cegutation4),then l.e�et may do and ���:
<br /> .'�i}�yh•;_,.Y. .1 1�r•' "�'t ��v:ii..-.
<br /> ,�tY•.�. .;�...,�£,s�_s, pay for whatever is necessary to protect the vaLue oE tl;e Peaperty and Lendec's riglltc in the Pmperty. I.�cTer s actions may _-
<br /> '.��:;:' , �,,r�;� include paying any sums sec�ued by a lien which tms priorit�r or-e: tJus Se�ity Instru�ttent. app� in co�ut. paying _..'-.
<br /> �::t.' �`fr ' {; reaconabte attoraeys'fees and entering on the Property to mage re�eiis.AlthougA Lender may.take action under this ParagraPh --
<br /> '��,�. .; �,�..�,.,. ::,�,;.7.Lenderdoesnot havQ=pd�sw. � . —
<br /> � � '; Aay emounts dlsi+ru�rs�'� a+y Lender uader 't�.,.'��..'�raFh 7 shall beaoli^c�aG�tional debt of Borsoa�z seaued by this -
<br /> a�-�,':� � r f,,.,,,•. ,�gecurity lnstniment.Unless�rmw.�e€ar[d Lender�t�Sa:so athee tenns of payr�r�s;these amounts shall beae'an2:rest from the •-
<br /> : ��?`� date of disbursement at tbe Nate s'a:�,xax3;sha11.•ae'^�.�ray�le, wi4h'srserest. upon tcotcce from,Lender to Boriower reqaesting ��••
<br /> -,, ''}s ��� payreent. � ` _�
<br /> � :�":H � �' :
<br /> . ,";:�° . S.Mortgage Ia�'ance. If 4e�t6�t a�quired mortgage insur�as a condition of mafcing the[oan secnred by this Security —:
<br /> �;,;,: . ,,,
<br /> .,- •� °_ �.,-.��.;. .,., insuument.Borrower sha11 QaY the premiums requlsed to maintain'the mortgage intarance in effect. df, far any re�son,the ?.
<br /> '�F'�>:.: : �. �� ;�':. ���, mrntgage incuranoe coverage required.bY I,ender la�es or oeases to be in ef�'ecs,�mawer shall pay the pmmiums reqoired to ��s?:
<br /> ` ���} ' ;��#���� obtain ouverage substantially equivaleu.to the mort�rige insurance previously in effect.at a eost substantially equivalent to the —:�-
<br /> .•Er�y.t•�:}�•
<br /> . ' �, ; 3�4� oost w Borruwer of the mortgage in,�co�a�pnwiously in effect.from an altemate mortga4s�e:wt�urer appraved 6y Lenife►, if �•� ,
<br /> .�,'.'.'',�`tS.�:.3°.S,•.ti:;
<br /> , '•�•'°�• . • snbstantiaUy equivalent�mortgage insui9nce ooverage is rtot available.Botrower shail pay to ti.�rSer each month a sum eqnal to -
<br /> ��.�'{ one-tarelRh of the yearfy mortgago iasurance premium being paid by Borroaer when the ia54ranre oove�e lapsed or ce3sed to ' `
<br /> r{�• � ,��i r: be in effect.Lende�r aill :1cxe�}e.,uSe and�tain t$cse�ayments as a loss r�,erve im. li�u �f,mortgage insu�ranae. Loss resenre ��
<br /> �`r�";�. ,� , .t, � ' •�airm AOZB 9f90 �
<br /> .� . . - lJ�,,��`r. - . -i . � '� VsQe3u1�. � ' . � . I .. ' � - ..
<br /> ., .if!:��' . . ,�?,• . � . , , " . . ' , t'•. ..
<br /> - � . . • . . ' .. , . ' '.1i.
<br /> a' � ` '
<br /> -��i`��� 'j4 -1) � , - ' - . . .
<br /> �`.�d� -:�Gt� � . _ -.. .�.�;ih�'�n,._�,� , .. r 4•:.. • �ri� ��.ttt{ t s _�•5,'� '�,�r '`..i�t , • .iJi±YlStty�i � .:.f,`CT�I �`�
<br /> .. « \.t s -1 �l-1� �`-• ''�� - � - . . . Ii. . � . t(� �t - 1 � !Z `
<br /> ... .
<br /> : , v _ 1° n �•,�,, y ° - • .. �� � lf, � � . :••� e v r
<br /> ,
<br /> .. . ,. r} .- -, . , � r� � •d°� --,,: � _,, r , ,y c�,_�t�� '. _ it'�t ,
<br /> �'' t li ' �� i � . �_� � 11 , �, , � .;_\`��y �.� }Ls . ,�� , . •
<br /> 1 �h q�
<br /> . ,l{' � �r � ? ` �i �� 1f>. , . . . . � . �. -..
<br /> ;.•, ,,V .. . . . _ . , y t.
<br /> ' . , . i ' �, ' . •.t �tr.. ; ,. _ ' .. ..��.'
<br /> � . . . • � ,�, .,. . _ . ' ' _,!1,`>rt�_. , .. _ . .
<br /> �- . . , ' . ' " . . .1i.,4'. .. � . . �.. -- . � , . '
<br /> . . . .._ .. . ' . _ . . . . . • , . , . . _ . .
<br /> . ..i. . . '�V . . . . � �
<br /> r` . � . � .. ' • '.. . ' + .., � '. � , ,' '� ' � - ,�- �. . �. '` . , •. � . .. • " , •. .
<br /> ,}�' , '" • ' .., . ... . .. . . . " �. . , . . `.
<br /> . .
<br /> . .
<br /> , . . .. . ,
<br /> . . . . . , • . . _
<br /> .
<br /> .�
<br /> . . . , . . . . . . �.
<br /> : . . ..� � _,_ _ _ _ _
<br /> - � .. , _ _ .. . _ _ _ . . . - - -- - - - - -- - - - _ - -
<br /> : . � . ... .
<br />
|