|
. . . . . _..':;:�
<br /> .y-_�
<br /> . .....: � ' -_-
<br /> .:.�i:,:.. ' '_�. .. ♦ ` ' ... -.... . '� _.f.,. -_—__
<br /> �_ . . .�..r . . ..
<br /> , . ��.r�.;...° . . .. . .
<br /> _' "_� . .�. _-_. - _ -
<br /> . —^:� . ., ' . _ •� ' "-
<br /> - - ... . . . , � . . . . . . _ � ,
<br /> -.�
<br /> . . . '" ^ _.. . . . '.k . , . .. , . .. . . .. _ ., . c. . . .. . . . ' . '
<br /> t ' ' '
<br /> . �� .s --��_�:_.._ _ __ • " _ _ , . �_»_ __ ��?feF.aH :
<br /> _ .. ._. , =-_ay���.� _ — . .. "'�":.�.:...�-�. _. _ .�c—.—.,_-..^.�..�.----�•__ _.._ . _ _
<br /> . , Y�� ' _ • �.�..._.._....�� .._.s._..__..._ _.. _ - T:.
<br /> r' ` •� . � + ��1��� • `:,;:^M
<br /> . .� . ,''�;.i S. �a�M os Ftop�eRy �aste. Bocrower si�alt &eep the impmvemeats now esisciag or�ereafter e�ected oa tt�e :.:-:�=:_�..-
<br /> � '•� Fmperty insvred against Ioss Uy fu�Haraids inctuded within tIle term °exteaded coverage"and any other Ba�ards,inciuding �r.�.;;�z:�� •.::.
<br /> � . '` �? 800ds ar ftaodQtg,for w6ick�der�equites insivauce_'f his ins�ance shall be maintaiaed in the amo�mts and for che periods ---,;'�� �:��.
<br /> . . .;�'i that I.eader requiaes.'fhe insuraace cazrier pmvidiag the ins�shatt�e chosea t+y Borrawer subjecc to ixader's appmva2 .",f:�,�;'.<:�
<br /> � , which shall not 6s uarrasonablg witbhetd. If Borrower faits co maintai�coverage descri6ed above. LQnder may. at Lsnder's •;'�•�
<br /> ° optioa.obtain coverage w pmtea L.ender's tighu in the P�vperty ia acrnrdancr wlth paragraph 7. �
<br /> ' ,�`_. All iasnrance policies aad reaewals sbaIl be accepta6le to Leader and shalt iaclude a staadard mortgage clausc. I�nsier
<br /> ., �.... .
<br /> shatt have the r�ght to LaId the polictes mmd�+enewats.if F.eadcr requires.8onowet shall prompdy gEve w[,euder ali recespcs of ,
<br /> . '•``� paid pnemnums aud reaearat aorices.In We event of loss.Borrower shall give prompt notice to the insurance cazrier aad Leader. rr.�� •�:� •
<br /> ``_ ' I.euder tnay make pmof of loss if Qot made pmmpfly by Horm�ves.
<br /> � • Unless Irender and Bunawer otherwise agree ia writing,insurance proceads shali be apglied ta resmtation or repair af the '�us.,
<br /> ;�.,�---;
<br /> „ ' ,; ': Fcopert5'dainaged,if[ite resto�aiion or repair is economicaIly t'easi'ble aad L�ender's security is not lessened.If the restarariaa or , .�
<br /> , .�;.:' repair is aat economic�Uy feasible or L�ender's secnrity would 6e lesseaed,ths i�n'amce prote�s shall 6e applied to the sunts �`' �: � _•
<br /> .. . secured by this Securiry instram�, whedter or nor then due, with any excxss paid ta Somnwer. If Bomawer abandons the ' : `.:,-�ars{;.:,
<br /> , : :.. �::.
<br /> ��,"s':: �P�9.or daes aot answor within 30 days a aotice frara L�endes tLat the inswamcc canier has offered w settle a claim.then -:`:'�;_�:;��;:;`>.
<br /> Leader may coliea the in�ancc pmceeds. Leuder may nss thc praceeds to�qair or restare the Fruperty oz w gay�sums ` ,,# �r:`'f �
<br /> ;,,..:, ,. . : ` �.�by this Security Ua�unent,whether or aat Wen dua.The 30�day periad wilt begin whea the notice Is given. ; .. �: � >.�i��;;:
<br /> �.: , �i .. . . UNcss I.eader and�ower othem►ise agiec ia writing, �Y aPPlit�aton of praceeds to principa! s�S not exteud or ` ' °.
<br /> . ,-:::. � a e � - -
<br /> , ��ostpone the due date of:i�tnomhly paymeats refemed ta in ga�ragcaphs 1 and 2 or change the autount ei�?r�e gayments. If E � < b`r�'_
<br /> - P��P ��Y � Y � �Y Pn P�s � �f,,�,;;?nr�,::...
<br /> . , �mder b 21 the is b L�tder,Bmmwer'�r* to insuranee IIci$s and �esutting fmm •;�;:.,�,�;:':�,!',y5`='.-
<br /> : •- � damage to t6e PropertY Pnor m the acquisition sball pass to Lender r�,the e�j of t(�e sums se4vred by tl�s'�c,iuiry Insuument '.�;�,�.;-�,�-
<br /> . �.,�. . �y �mmediatel3►Prior ta ths�qisidon. • � �� � �.: � _.
<br /> ' � ' ,: �`:.':'6.Oec�pancy,Pia�s�on,Mainteaence and Prote�4ton o�tt�e Pro�;�m..�sawer's�oau��.ppT"��a;Leasehotds. ;
<br /> �
<br /> . � w :
<br /> • ,�.. �- �44t'�ower sh�ll occQpy�°�aSl�sh+a�id u�:ebe Property as Bortower's principal,zes�tviibni six�.'���t3be execution of
<br /> r : ;:�ts Secuset��Ut�uunueu�xztd s''nail:�s�aocupy tlte Prog�t}r.as Boaower's priacipal v,es���r as 1e•rst oae year after �:
<br /> . si = . ��y,.smi��l€:c�3��aiit�.'!•vise agrees in wrltmg,�ch consent sLall not be�'siar�ab�r'a�it�heid.or m@ess Y -� ��---�
<br /> '_ �„�si` '.`�';�e date of�.. .. . ':�.�.
<br /> • ,,.:: ��teauatinS �n�msta�as�w�ic7��are •beyond Borrower s coatrol. Bonower shall not destruy,;�ui�a or innpair the + �_
<br /> .- ' • ��� ;`�,' �Ptoperry,allaw the�rp�ei�::�deteerioraze, or commit waste on the Property. Bomuwer shall be in�d�ii`!i'`if a�r forfeiture •. —
<br /> a •.',
<br /> � ;,;��'�"�• action or pioc�ecling,�+ltet�er�av�or criminal,is begun tJ�at in Leader's good faitb judgment coWd resali�forfeitnre of the• -a:,—-
<br /> �, y Propeny or otherwlse mat�3a�1Y imPair the lieu created by tbis Securiry Insuument or Lender's"s�rity i�eiest.Borcowe�im�p �'''���__
<br /> ° - . "�.'�%'I aue suFh a default aad reiastate.as pmvidecl in paragraph t8,by caasiag the aatan or p���to be dismissed with a iul�ug •_'-`-
<br /> "�',��:": '� ,''s: �:; that, in lender's goad�adt-at�teimination. Preclades forfeittu+e of th$Borrowes's interest in the Propertx+.or other material =
<br /> ' • '��, impa�rment of ttte llea c�irck9��by this S�cusity Iasqument or Lender's secaiitw:�t.Bonower sball a1s�be in default.if
<br /> fi"': . �.,i�,� Bormwer,dutiug tDe loaa�pplication pmc�ss..F,ave matedally fals�or,in2ec�ua�e:�a�ticra os.statem�s t�;I:�nder(or failod� ,'. '
<br /> 1� � ,'� ;� to provtde l:eader�wit6 any material iataa�mation).in oo�ection•with t�ia loan eviaT�Ri�+d�¢�a�izi�,urcl�fdi�.but uos Ua��bd� ��
<br /> i�t';-•.
<br /> ' '�J,.� to.rePr�ntations ooIICetnin8 Bormw�r"�is�upaary of tha Ptopeity as ac�rin..^ip21 i�e.c�desr�;�f�s 3e�rit'y".Insm�mena qs•aae•a ! _
<br /> ,,r:.,•. ', leasehoid, Bormerer sba:a•a�mply witb"all the provisioas of the le�..�i H.�.nabwcr acqp�+es fee titte td�•tha Progsr[5�:;the _ --
<br /> � � teased�old and the fee titt��tca11 not merge unless I.euder�agrees to tbs a+�sg�i•�ws�iasg. :�.
<br /> f a�i �� '�� 7.F�+aiedion o�•L��ts Rfghts in the propPtty.If Horrower fai�s to p�ea�ci�a the oovenauts and agreements coniaia�d�in� ° _
<br /> _ �,e this Seauity�instn�ment,or there is a legal proceedlag thai may signifrc�tly affut Lender's righis in the properry(sat'���s a ' ;
<br /> - `: =s_:'� p�ing in ban�ruptry:pro�ace.fo��oo�demnatian or fo:feitnn:or ta enfo�.taras os se�bns). then Lender m�y Qb and }�� '�5 . =-=-
<br />�.r.�i� . . , � � r:�t.,tri��';i:%::�`,�='
<br /> .,+,:: . �' •' paY.for whatever is nec�saFy to protect the vaiue of tbe Property and i,ender s.rights in ttte Ptoperty.l.ender's acHons may .
<br />;:f��; .°<. _ .;>:,°� in�ciude PaY�B �Y ���ed by a lien whicii teas prtority over this � In4ttunnent, appeazinS in court, payiag , :p�`'``:;-�;Qa.
<br /> .��''�.,. •� .c: � .reasonab2e attorneys"f��ente�ing on the Propeng:to make repairs.Altt�o��i T;,en�es�eay take actlon uud:r tbis ParaSraFD � ;:i"`-�;
<br /> ,��,�t,r r:'"t • .. , . . —
<br /> ..s,;:,?.� T:Laadet da�esnc�!t����d�so. .. , +�
<br /> fl
<br /> . .�F�" t j'.-� pn , u� by.1,�+ P�B�P � ' �Y � —
<br /> a . y;��•.� ��±�ader tA9s h 7 1 beeot�e�additional �ht:�3 Borrovsrer secured thi�
<br /> D1�
<br />_ . �'.{p��}�7'., �, a 1:.: . . —'
<br /> .�Seconty Ias-.rr�.�'�ir�ss s�omower antl Lender agee to osner aa�s of payment,these ai�umtfs','s�alt'b�t in:t�rest•from the
<br /> . � . �,� .�ate of disbursemc�nt,�v,�e;�ote rate and shail be payable.witIi�nte�st,upan norice from L�ndei ta�ElrerrAvrer requesting —_--
<br /> ��i`,: � .D3Yment• ':�.. �'�' ' ' �'�:�• •:' f;,, , —
<br /> 8.Mortpge Ias�uance.I�18nder cequired mortgage insurara�,as a conditton of making the Ioan seaYred by this Security � �� , _
<br /> . :. �„ , t�M��+t. Borrower shall pay the premiuras required to mainta�si the mortgage:n��*���'iii;effect.Yf, for any reason,the . .�.� =
<br /> . ,, ... _ __
<br /> �`'�° `'�=`� mort e iasurance coveca e ired b Lender 1 ses ar cRases to be in effeca,Bormwec�ut�J'• the remiums ired to
<br /> :.•r•. . Y�S B �N Y aP �Y P �N . '`
<br /> `';�,;...: .';; :� �� o6taia coverage subst�li.�r equivaient to the mortgage insurance previously ta.�ffect;at ar�sts'substaadally equiva�ent to the :---�-
<br /> ::;!: .r �` °,�,;;; ? cost to Rorrower of tDe m�rt a e insurance ieviousl m effect, from an att�'ralr.rnart a `,� •� t. ,,
<br /> �S P Y� g �''u�sures appauved by�l.eader. lf .
<br /> �r f} `- aubstantially equivaleat�o�tgage Lisurance coverage is not available,BomaweP��pay ta�tLa��er each Anonth a sum equal to � � ' �s ;
<br /> a�, aa„ +r�. : >a
<br /> �x � � . � one-twelfth of ttte yearJy mongage iasurancr premium 6eing paid by�orrower vu�c�tt�e�i�roverage lapsed or ceased to ; ��;
<br /> `.` `.s;.t'lt�:'r� � be i.�effecc.Lender will accept.�se and retain these payments aq a loss reseNe i�1?eu ��3 �n�ge iasurance. I�oss reserve .:,,4�-'..
<br /> � .� _ . -,;. '�• i � .. iarm3�?8 (,�C+
<br /> . �.. . .. �.� ���(N�192f21�C�`� .. - . Pog88018 . • hflil7h' ,f{t ,
<br /> . Y. O � - . �i .� � �' - . � , .
<br /> �, �> ; .� ' � �'! r{1���/S
<br /> _r� , . . , t;,'t!;! �ib;
<br /> � ' � ��..a' �.. � �'• • . • , ` t, }��'i} S�, �
<br /> , . � x. t,.���'�.+ .
<br /> �• ��� � .. . 'lli-^.9^+-np•c'-"�.`^*--�-b.--.a--^m-+ �. . . . F���� . '. . � .. , 3�l�'��P`.27/'����i} .
<br /> �r;.y�� , . . • �,�rt,�, ..
<br />_ . .. � . . . ..� 1Vi:Y,r�
<br />- • _ . . . � ' . .�_ - , , . � , . . . � f�.. ,
<br /> ' , ' • . ' . .. . . _ ... . . ' , . 1 . .. ' ��Y�� ,
<br />�.i. . �. . . . .
<br />_ _ ' _ . . � . � .. � . ' - - �ii.. .. . . � .lL' . .._ . ..♦
<br /> .. ..
<br />.-- � . ' ' . . _ . ' . � ' . • �'�l�i . - .--.. . . �. . .. ... . . . ..
<br /> .�. ' . ' ' . ' . .. . . . . . , . • � . `��A.�' .. . . . - ;� . . . �. _.. , '
<br /> . . . " <, � '_ .. . ' . . . - - . _, _ . . . . ..b . ._.. . _ .. . ._.
<br /> .. ' . � , - . .. ..� . , .� _ ' " - , . � . : . ' . -. . � - .-- . .-�- -. � .' .
<br />._.-. ' . _ _ _ _. ' , . . . . . ' __ � . : ' _ . • . . � .. ' i i . .
<br />-jt�- . . • • ' .. ' . . . �� . � , � , ' . � . � • . . .' � �. .. .
<br />..u, • . . . . �,. . . . . . , . . . �
<br /> _� , .� .. � . � . . �
<br /> � _ ..,_ �_,-..-.� -. .'.'. _. .__ ._ . ..___. ... .__ . .._.,. . _ _�..- _' _ _- _'_ _ - '—_ _ .�_..
<br /> .I.j • . , . . . � � . � � . � . ' • ` ._,� � . � _ . .. . - - ,� . : . .
<br />;�, � � . . . , � .- . � _ , _ , . � �
<br /> . . .
<br /> � . . . , . , . , .
<br /> . ,. ,
<br /> .
<br /> ,.
<br /> .F . . . . ., . - , �� .._. _ . _ . ._.
<br /> i ' . . . . . ...• '. -_ .
<br /> -t._ . _ �' _ '. ... . . .�..... . ._.. . . .
<br />
|