|
.� . ..-. � ...:L_��a+fn�- :zmr���._.
<br /> ' . .-.. � .... .Y.... ..a� . _' __. . .'_'_—_'
<br /> :iseb►.-wl-y[!h: -- � . ..
<br /> �Y::.:<�`•ti,',.';�'�1Y."l�.�";��` < _._� T�' ' `='.=a�:�`�1�� �
<br /> ----w- ,.,_�s,+ .� '�,_.,_{�., __..+.,.I''�;�---V
<br />----- —��:�-T_ , - - -rRw_r%-�no�;-_=.i=-- --�--
<br /> _.-: - . .. � -- - -
<br /> - -.. -. :�e , v* T��-.�.;.-..�ou ,_ �-_ _...�
<br />--.��.aMw_ . ---' �+�+..�.�.°�W`+?°±'-=�.a��:.. . _: ._-_....._.v.
<br /> w.iFRa7S1T7�e��a. ___ _�..—___
<br /> _... .�-�.AS _—_—_-- ..cw-wr.--,,,�,.�� "_"_. ._
<br /> `fi������tl�h�
<br /> S. H�rd or Property ln.4ur��. Aarrawcr shali kecp thc improvcmcnts �exititing ��r rea t
<br /> Property insured aguinst lass by firc, haznrds includ��f within thc tcrm "cxtendcd cuvcrUgc" uixl nny oihe�ha�urds, Including
<br /> floods or flooding. far which l.ender rcquires insuruncc.This insurancc shull t►c maintain��d In thc utnuunts nnd for thc pericxi9
<br /> tl�at Iw:txlcr rcyulr�s.Tltic lnsurancc carricr pr�n�itling thc insuraincc +hnll hc choscn by Burrowcr subjccl t��Lcndcr's i►pprov:tl g
<br /> which shull not be un�casanably withheld. If Bi►rrowcr Fuils t� mi�imain covcragc dcscritxrt alx�vc, [.cixicr may, ut l.endcr's
<br /> aption,obtain cavernge to protcct I.cndcr's riglit:�in thc Pruperty in �ccorduncc with paragruph 7.
<br /> All Insurunce polictes and renewals shull t►c ucceptubie to l.ender und shall include a stnndard murt�!uge cluuse. I.ender
<br /> shall f�nv:the right to hold the pc�liciev aixf rencwnls. If Lendcr requires, Barrawer shull promptly give to Lsnder all r��cefpts oi
<br /> paid premium5 and renewal natices.In the event of loss,Borcower shal! give prompt notice to the lnsuriin�e cnrrier unci Lencler.
<br /> Leixler may make proof af loss if not made prampUy by Bottower.
<br /> Unless Lender nnd Horrower otherwise ugree in wdting,in�urancc prai:ceds shall be upplicd to restarntion or repuir af the
<br /> . Property damagcd, if the restoration or repair is economically feasible and Lender's security is not lessened. If the resturutian or
<br /> repair is not economlcally feasibl�or Lender's security would be lessened,the insurance proceeds shall be applied ta the sums
<br /> scxured by this Security Instrument, whether ar not thcn due. wtth nny cxcess paid ta Borcower. If Borcowe�abundons the
<br /> Property,or dces nut answer within 30 days a notice from Lender that the insurnnce cnrrier has offered to settle a cla�m.then
<br /> Lender muy collect the insurnnce proceeds. Lender may use ti�e proceals to rep�ir or restore the Property or to pay sums
<br /> secvired by this�ecurity Instrument,whether or�ot then due.The 30-day pericxf will begin�rhen the notice is given. _.
<br /> Unless Lender and Borrower otherwise agree in writing.uny application of proceeds to principal shull not extend ar
<br /> postpone the due date of the monthly puyments referred to in paragraphs 1 and 2 or change the runount of tbe puyments. If
<br /> under paragraph 21 the Property is acquired by Lender,Borrower's right to any insurnnce policies and procceds resulting from
<br /> d;unage to the Properry pdor to the acquisition shall pass to Lender to the extent of the sums secure�by this Security Insttument
<br /> immediately prior ta the ncquishion.
<br /> , 6.Occupancy,Preservation,Mainte�ance and Protection of the Property;Borrower's[axn Application;I.easeholds.
<br /> , Borrower shall occupy.estublish.and use the Property ns Borr�wer's principal residence within sixty days after the execution of
<br /> this Security lastniment and sh�ll continue ta occupy the Propeny as Bonower's principal residence for at least one year after
<br /> the date of occupancy.unless Lender otherwise egrees in wdting, which consent shall not be unteasonubly withheld.or unle.s
<br /> extenuatins circumstances exist which are beyond Bonower's control. Borrower shall not destroy, damag� or impair the
<br /> Property, ailow tlie i'ropeny to demrioraie, ur cu�miiii Lvii.ii2 :,n thc Prapern;. R^^�`•r�r slt211 � in default if su�y forfeiture
<br /> nction or praceeding, whether civil or criminal, is begun that in Lender's good faith judgment could result in forfe[ture of the
<br /> Property or otherwire materiuUy impair the lien created by this Security Instrument or Lendcr's secur�ty Interest.Borrower may
<br /> cure such a default und reinstate,as provided in paragraph 18, by causing the action or proceeding to be dismissed with n ruling
<br /> that. in Lender's good faith determination, precludes forfeiture of the Borrower's irterest in the Property ar other material
<br /> � impaimxnt of the Iten created by diis 5ecurity Instrument or l.ender's security interest. Bonower shall also be in default if
<br /> Bomower. durins the loan application pracess.gave materially false ar inaccurute information or statements to Lender(or failed
<br /> • to provide I.ender with ttny material informution)ln connection with the loan evidenced by the Note,Including.but not limited
<br /> to,repnsentations conceming Borrower's accupancy of the Property as u principal residence. 1f this Security Instrument is on a
<br /> leasehold. Borrower shall comply with all the provisions of the lease. If Bonawer acquires fee title to the Property. the
<br /> leaseliold and the fee tide sh�lt not merge unless I.ender agrees to the merger in writing.
<br /> 7.ProtecNon oi Lender's Rights in the Property.If Borrowc:r fails to perform the covennnts and agreements contained in
<br /> thls Seturiiy Instrument. or there is a leg�l pru:ecding that may significantly nffect Lender's rights in the Property (such as e
<br /> proceeciing in bunkruptcy,probate,for condemnation or forfeiture or ta enforce laws or reguiations),then Lender may do and
<br /> . pay for whatever is necessary to protect the value of the Pmpercy and I.ender's ribhts in the Property. I.ender's uctions may
<br /> include paying any sums secured by a lien which has prioriry over this Security Instmment, appearing in court, paying
<br /> ; reasonable attorneys' fees and entedng on the Property to make repairs. Although Lender may ttdce action under this paragraph
<br /> 7,Lender does not have to do so.
<br /> Any amaunts disbursed by Lender under this pacugrnph 7 shall become additional debt of Horrower secured by This
<br /> Security Instrument. Unless Borrower und Lender agree to othcr ter.ns of payment, these amounts shall bear interest fram tfu
<br /> dute of disbursemcnt at the Note rnte and shull be pnyable, with interest. upon notice hom Lender to Borrower requeating
<br /> payment.
<br /> 8.Mattgsige Insui�ance.If Lender required mortgage insurance us a condition of making the loan secured by this Security ,
<br /> Instrument, Bonower shnll pay the pmmiums required to maintain the mortgage insurance in effect. If. for any reason, the
<br /> mortgage insurnnce coverage required by Lender lupses or ceases to be in effect,Borrower shall pay the premiums required to
<br /> obtain coverage substantiatly equivalent to the mongage insurance previously in effect, at a cost substantially equivalent to thc
<br /> cost to Borrower of the mortguse insurance previously in effect, from un alternate mortgage insurer approved by [.ender. If
<br />— substantially equivalent mongagc insurance coveruge is not uvailable,Borrowcr shull pay ro Ti.ender each month a sum ec�ual to
<br /> one-twelfth of the yearly mortgage insursnce premium being paid by Borrower when the insurance coverage lapsed or ceasetl to
<br /> be in effect.Lender will accept. use and retain these payments as a loss reserve in lieu of mortgage insurunce. I.oss reserve
<br /> Form 3028 9l90
<br /> Pe8e7ot 6
<br /> � -� -••---° - . . . . _. - ��t+h-.g . _-�� , -�- � -_
<br /> -� ^-•-,•• .. . . . • - .li''F:C.tai.�'' ��1-�i. . . � -. , .. t -
<br /> 8 f: :w _ . -4rJ;•"�.;'1` 'ii: r`a: . . x rf's„��
<br /> , ., � =x^a�,i-.k'r.s�ai+:.:.�r- •`• �� • r7,`
<br /> � ' ' •• � ' f.���'•'YT+ �� �•Y• � • � f�•�!' �
<br /> __- ♦. ... .. .� �� . � r-A1�;� ,;��� ...t � � ,_ ♦�ll.��:
<br /> . �
<br /> r - .. � .w`." �. T _ �,', - C`�'(�f,4�'` �.
<br /> ,.1.•r.,i V-�!' x i �`�'1�7V':
<br /> � . .. ' .. � .� 1l . - �'
<br /> .. - , �y.. •{r p '!;?4 r1 S ^{�'�.s�P...�
<br />� '�,'' .v.. _
<br /> �� „ :x J I I � � ,ci� . !,.4���
<br />`'''11 .:���, ., � . �� . . � '�,`� �I ti d rJ�.�����.
<br /> .r_ ��. .t i� t:.�.�-__-�
<br />� °�:�. ; � , `i :b��" ---
<br /> II •+�:iR,Irr=ic���-_
<br /> , . . ".'� u , �'�-�j
<br /> •
<br /> • + -
<br /> . . - _
<br /> �,
<br /> . • .
<br /> , ' . .. ' '��� ' __ �_...�tl ��,.,i...l.ti.�.._.__ ..
<br /> . , ,._ .
<br /> t `�
<br /> � .. - �, _ ,.a..�..._.i:_. ,_ ..., . . -- - -- � - --- ----� --._.. . _ _. .
<br />
|