|
-.���:�rT.^..�:;;��"�:i�-:..Srr�o..';.:ss�f:i.;at;"x:��;::��`.��i��o:;.r�. -- �.��}�.i;�y�::y- .,�:y�:��S,t"�:��°'s`t:) :{,'y�
<br /> � '1' 4'tY 'iJ� , ':!'�, ,y K(`�'�L11• � /� Yl 3� 0J+,.1 ..
<br /> • .� ^^ . -ti ;iP�•� Sn��+���?6'�hyr� - ' rpr j� k'kyf'u�'t"t�'.{(� ���i�i� _
<br /> . -i ,(, � , p,�; A 1'�, S�i„�''�A'tW�fy T ' -?� .
<br /> �_ ,�.`hR� r !�, " �(q , f1fu.. 1 1
<br /> i ,y, .. .. . �,y . _....... ....-... . .... _
<br /> , _ � ����r .. � .. , .,�Y � _ ..,� � '. � :�_u_7__::t'i:l4�,'_..__...�_. -. - . .�••• .
<br /> i,.Y.t.•f';.�' :.w+. n��m-.- -. ..6,__
<br /> ..
<br /> '
<br /> .
<br /> ' .
<br /> � .. - ..
<br /> � ,r � .
<br /> _4 ---.�
<br /> -. -- -- - �_.'._.._. _.T._ v. �� .�y� —
<br /> __-' ^""_' '. ... : -:. t
<br /> 98� � �u���
<br /> 5. Hnzard or Property Insurance. Burrower shall keep the impruvements naw existin� or hereaRer erected an the
<br /> Property ia5ured a�uinst latis by fire, hazards included whhin the term "extendcd cavcrage"and nny other hAZUrds, including
<br /> flaods or floodtng, for wAich i.ender requires insurnnca Thls insumnce shull be maintainec! in the amounts attd for the perfods =
<br /> thut Lender r�quires. The insurnnce ramer providing the insurance shull hc chohe�r by Aorruwer cubject to Lender's appraval �
<br /> which shall nat be unreasonably withheld. If Borrowcr faits ta maintain coveruge dencribect abuYe. L.ender may. ut Lender's •
<br /> optiun,ubtain coverugc ta protect Lender's rights in the Prapeny in uccordance wlth paragruph 7.
<br /> All insurnnce pniicies und renew�ls shall be ucceptuble to Leuder and shult include a etondurd murt�og�claur,e. Lendar .
<br /> shall have the right ta hald the policies and renewuls. if I.crtder requires,8arrower shail promptly give to Lendar all receiptg of
<br /> puid premiums and renewal notices.In the event of tass,Horrower shull bivc prumpt uutice tu th�t in�urance cart3ur and Le��der. �
<br /> Lender may make proof af loss if nat made promptiy by Borro+v@r.
<br /> Unless L.ender and Borrower otherwise ugree in writing,int+ur�n�e procecds shall bc uppli�d to reswrution or repnir of ths
<br /> Property damnged.if the restaration or repair is econtm�icully fra�ibl�und Lender's securi►y is not Ics�ened.If the restor�tian or
<br /> repair is not etonamically feasible or I.ender's�security wuuld be tessened, the intiurun�.�e proceedK ehull be upplicd ta the sumw
<br /> secured by this Secudty Instn�ment. �vhethe�nr nat then due, with nny cxress puid ta Borrower. If Borrowvr ubandc�ns the
<br /> Pmperty.or daes not unswer within 30 dpyc A noticc fmm I.cadcr thcd thu inyuru��cc wrrfee hus utPeted h�hstd�t n rlaim, thcn --
<br /> Lender may saqect the insurance pra�erds. l.ender nury u�e ihe pr�KCrdv tu repi�ir �ir restnn Ihc Pn�perty nr tn pny tiumw
<br /> se�ured by ihis Stcurity Insteument,whether or not thcn duc.'1'he ill�duy�nri�ni will bcgin when the nmice iA given.
<br /> Unlcss Lendcr und �urruwcr othenvise uRrce in wriling, i�ny onplicutinn oP prcyccc�s tu prinripal nhall �tnt extend or
<br /> pastpnna thc due dnte uf thc munthly puymentx refcrrcd tu in parugmphy 1 und 2 ur change thc umuunt nf thc paymcnts. tf
<br /> undct pamgraph 21 thc PrapcRy is acquimd by l.cndor. Bnr�uwrr'x dgiU tu any imurun�r p►Iicles ur.d procecds rtwuitinB Pcam
<br /> dumaAe ta the Property pdur ro the ucyuisitinn ahnll pasv to l.ender tc�thc extcnt��f thc suma secured by�his Security In�trutnent
<br /> immediately pr�or ta th�ucquisltian.
<br /> 6.Occu�ncy.Preservatton,MatntenAnce und Pmtecdon ot the PropQttyS�rrnwer's l�oan Appltcationt I.easeholdv.
<br /> Bor[ower shrill occupy.establish.and use the Property ati Borrawcr's principul reaidance�yit,h)n sixty days ufter the executlon af
<br /> this Securiry Instnrment and shali rnndnue to occupy the Property as Horrowcr's principal resldsnce for at least one ye��+r after
<br /> the date of occupancy,unless Leadar otben�►Ise a�rees in writing. whirh rnnsQnt shall not be anreasonably withheld,or unless
<br /> extenuating circumstances exist whfch une beyond Borrower's control. Borrower shall not d�suoy, daronge or impair the
<br /> Property. altow the Property W deteriorate.or oommit waste on the Property. Borrower shalt.be In dsfautt if any forfeiture
<br /> action or pmceeding.whether civil or criminal,js begun that in Lender's good faith judg�ent could msult in,t'urfeiture of the
<br /> Property or athen�vise materially impair the tien created by this Secarity Iasttument or Lender's securiry intsnest.Borrower may •
<br /> cure such a dEfault and reinstat�.as provided in paragraph I 8.by causing the actiow or proceedisag to Ise dismissed with a ruling
<br /> that, in Lender's good faith determination, precludes forfeiture of the Borrower's interest i�.ilhe Pcoperty or other mat�riul
<br /> impairment of the lien cre�ted by this Security Instiument or Leadez's securlty�nt�c�G �++�rcvwer shall aiso be in ctefauIt if �
<br /> Borrower.d�ng the loan application process.gave matedally falss or inacxurat$d,�Ear�ar.c�vx statements to Lender(or failed
<br /> to provide Lender wiW any material inforn�ation)in connaction with the loan evidence��y t.~��1ote,including.but not limit�d
<br /> W.repnesentations conoerning$orrower s accupanry of the Property as s prirtcipal reside►�ce.L�F dhis Security Insuvment is pn a
<br /> leasehold, Borrower shaq comply with Att the ptovisioas of the lease. If Borr�wer acquir� L�e tide to the Ptop�rcy, the
<br /> le3sekold and the fee tide shali not merga unless L�er agrees to the rt�erger in verriting. ��
<br /> 7.Protedion oi I.ender's Rtghts ln We Property.If Borrower fails to perForm the covenarats and agreempnte eoatained i!i
<br /> this Securiry Inst�ument.or there is a I�gal prnce�ing that may significandy affect Lender's rig��in the Pacp�ty(such as a
<br /> pmceeding•in bankxuptcy, probate.for o�ndemnatlon or forfeiture or to enforce laws or cegulasions),then Lender may da�z�nd
<br /> pay for whae�ver is neoessary to prote�t the value of the Properly and Lender's rights in t'_:z�aperty. Lender's acttom�_cttAy
<br /> include �ayimg any swns secvred by a•lien which has prlodty over this Secvriry Inmzment:aPpearing ia oourt. p�,y�
<br /> reasonable aaomeys'fee's,and enteriag on the Property to make repairs.Althaugh�L,�nder r�9y take acHon ander this paragreph •
<br /> 7.Lender does not have to do so. , � � ��
<br /> My emounts dlsbdrsed by �Isender under this paragraph 7 shall become additiona6;GeM,of Bomnwer secured by e�lis
<br /> Security Inst�nent. Ualess Borrower and Lender agree to other terms of payment.these amounts shall bear interest fro�i the
<br /> date of disbursement at,the Note rate•and shal! be payable, with interest. upon aotioe fnom�Txnder to Bormwer requesting
<br /> payment.
<br /> S.Mort�a$e Lmvranoe.If Lender raquired mortgage insurance as a condItion of m�lcing the loan secu�ad by this Se��+rlty
<br /> Insuvment,•Bormwer shall pay the premiums required to maintain•the mortgage insurasr,�a�it effeci. If. for any masoia, the
<br /> mortgage insurance coverage required by I.ender lapses or ceases to be in effect,Borr����sh�tl pay the premiums requiirc-�t to
<br /> obtain coverage substantlally equivatent to the mortgage insutance previously in�effecx,�t a cost substantlapy equivalent w the
<br /> cost to Borrower of the rrtortgage insurance previously in effect. from an alterosta mot�ga$e insurer approved by Lender. If
<br /> substandatly equivalent mortgage insuranoe coverage is not available,Bomower shall pay tas'I:�t►der each month a sum equal to
<br /> one-twelfth of the yearly mortgage insurance premiwn beit�,g pa[d by�orrower when the insurance ooverage lapsed o�c�ased to
<br /> be in effect.Lender wjll accxpt.use and reteirt these payments as a loss reserve in lieu of mortgage insurance. Loss reserve
<br /> Fotm 3028 8l8�
<br /> .Pro. 3 ot 8 -�
<br /> �i
<br /> -.-o--�r•^s.tR.c�.rr�.*-.......--+-....�...-,tl.,a^p�.�.�•7.� • . "`- - �
<br /> --- -,. .. � ._.__. . . ..._ _... _�.'�� � _- _-_ -
<br /> „ � .._, . :i�, . .. A v� --- - --_ -- - - .
<br /> , ,
<br /> �� _. � _r_.
<br /> .- ._.,._ � ._�-.�.._,r. ,. . ,_ .-- - _
<br /> .. .� . . � . �� "' ���- '�xM��IS.__�_ __ _ . .
<br /> tl�� � �'� IMY- ' _— . .
<br /> . . - 1 - -. . 'n � . � ) '�'''�`S�4 . ' �n'N - _c..._r
<br /> � t t`�3a�'.�°�.�
<br /> .' , . '' . : . .. 4�� ;, �� f �= � L:.- —
<br /> - . �, .... ~ a r - , l�..�t.��'
<br /> � �' � ' - - ; ' � :.;};::.Zi49 ,lt�ci.t"�7f�'.'� -,�,..ii:�: 8'�...n:S�'`� r��L`�ii7.f - ---�
<br /> '�' , .. o o. . . . .. . .•��.� ' t+���t �d.y��il:�:� �—. _____
<br />-{. . . ..; .� • � ,�y�t:c '� ...3F�rr�-_--__��_ -
<br /> .� . . •. ..:. ._ _ .
<br /> �' � . . . . . . - -��...-`-----��_��_��
<br /> � . ... . .. . . . - -.�'f,4�S!F -- - ---
<br /> • _ �. . >r,e:'+iZf.i4lft---------=� __---
<br /> �. � ,� . . . . . . - .. . .:�ti.,.�"'��.i91?�, —=`,.s
<br />,��� ' ., , . _ � y`,�"� -� -�--
<br /> � � °,.�_�--._.—....,.. ---� ,_-._.. �.-. -
<br /> /n� _ Y..�
<br /> .___t` _"`___ .`]'_.� 1% _
<br /> �: .-a. . .. - "" F .. '. �� - • -�`r•• ,��A')^PAr�__.—. - _ --'_- -
<br /> . � - � .�.z.. --- -- -----
<br /> ry. ' n
<br /> i ' sr.r = — - -- _
<br />
|