|
',7��� . f . .,�....... ............ ... . . . _�_— _ -_-
<br /> ._..�..u,r.-
<br /> . _ 1si ...�,.,.►.�•r ..w..., . .i - � � - — --
<br /> ��'�1��. ._ . �=- _ —— �i�a� : _� -. � —
<br /> ;��,��;�s���sR�r�`�nt"g �_
<br /> --. _L ;�ucr� �,c�irs�^ar,.,,� .,_
<br /> .--•-� - �3c.arra-m�-��_��_�_ _ ---_ _�-----
<br /> _�_�.__�.,,...,,,.:,.,.a�._57�/�Y-F�i.,_l�l1!R�!3eT7rv.r�?il. .h•a.a. — __�_.—��.
<br /> � � M�f �
<br /> S. HAYAI•d nr pra��rt.Y Insuruncc. Burrownr shall kcep thc impr��vcmcnt� no.w rxi�tl�i�r hL'r�tTer enctcd nn Ntic
<br /> PruEx�rty intiurcd agttin�t luti� by titc, h��iurd, incluJed wi►hin[hc tcrm "cxtcndcJ ruvcr;igc" und any uthcr hurards, incluJing
<br /> fl�Kx1�ar tliKxlin�, fi�r whirh t_rndcr rcy►dre,inzur,►nra This insuruncc xhall bc mninlainrd in thc umuuntti and tiir ihe pericxls
<br /> th:it l.ender reyuirc�. "1'hc intiurmtrc rarricr pr��vidin� thu insuranre sl�aU hc chiisen hy Barrua-cr ,uhjcrt to I_cndcr's apprc�vid
<br /> which �hall nut lx u�rc�a�nn.ibly withhcld. If Dnrrnwcr fuil� to n�aintuin cnvcr.�gc a������n�a .ibnvc. [.cndcr may. at Lcnder's
<br /> optiun,ubtnin coverugc ta prutcct l.cndcr's rights in thc Pn�perty in uceorJuncc wiQ�paragrapl��.
<br /> All insurunee pollcics und renewnlx shull be acceptable to l.ender und shull include u+tundurd mortgage duuse_ Lender
<br /> shall hnvc the right t��h��ld the policics and renewuls. lf I..ender rcquires, Bormwcr shull�rotnptly give ta l.c:ndcr ull rcceipts of
<br /> paid pt�emiums and renewul nnticcs. In thc cvent af loss. Bonbwer shnll givc prompt notfce to thc insurancc canfcr nnd I.cnder.
<br /> I.endcr muy mnke prc�t'of I�ss if not mide proniptly by Borrower.
<br /> Unless L.e��der und 8orrower othcrwisc agme in writing. insurnnce procceds shall be+�pplied ta restaration or repairof thc
<br /> Propeny damaged.if the rcstamlion ar repair is ecanotnfcally fcasible and L.ender's socurity is nat Ie�sencd. If the restoration or
<br /> repair is not ccanomicully fe:►sible or Lender's security would be lesscnod,the lnsurAncc prcxeeds shall be applicd to thc sums
<br /> secured by this Security Instrument. whether or not then due, with any excess paid ta Borcower. If Borrower abandons the
<br /> Propeny, ar does not answer within 30 dnys u notice from Lender that the insurance carrEer hns offered to settle a claim,then
<br /> Lender may collect the insurance proceeds. Lender muy use the procceds to repair or restore the Praperty or to pay sums
<br /> ,r�:un.�l by tt►Ia Scti:urity Inst�ument, whether or not then duc. Thc 30-day pedod will begin�vhen the notIce!s given.
<br /> Unle.a I.ender and Borrowcr otherwise agree in, writing, any npplicution of procceds to principal shrill not extcnd or
<br /> postpone the due date of the monthiy payments e�fe�ar.�d to in paragraphs 1 and 2 or chunge the amount of the payments. If
<br /> under paragrnph 2l the Property is acquirai by Le�a. Honower's right to any insurance policies nnd procezcAc nssulting from
<br /> clamage to thc Property priar ro the ucquisition shall pass to Lender to[he extent of the sums secured by this Security Instrument
<br /> immediately prior to the acquisition.
<br /> 6.Oocupancy,Freservatton,Mointenance and P�+mtection uf the Property;Borrower's Loure Application; I.ea.seholds.
<br /> Borrower shall occupy, �tablish.and use the Property as Borrower's principal residence wlthin sixty days after the execution of
<br /> this Security Insuument and shall continue to occupy the Property as Borrower's principal residence for ut least one year after
<br /> the date of occupancy. unless Lender otherwise agrces in writing. which consent shall not be unrea.eunably withheld, or unless
<br /> eatenueting circumstances exist whlch are beyond Borrower's control. Borrower shnll not destroy. damage or impair the
<br /> F�perty. afiou;ihc i'ra� ia dci:,r.orate. or r�mmit a�asts on ttse PrQ�ert;. BQrrower shan ti� in �!efa�!ls if�nq f_,rfelr�.ir ,
<br /> action or proceeding.wbether civil or criminal, is begun that in I.ender's good fa�th judgment could result in forfeiture of tho
<br /> Property or othcrwise mateRaiE�y impair the lien created by this Security Instniment or Lender's security interest.Borrowzr may
<br /> cure such a defuult and reinsoate,as provided in paragraph 18.by causing the action or prooeeding to be dismissed with a ruling
<br /> that, in Lend��c's good faith determinatiom, precludes forfciture of thc Borrower's interest in the Property or otder metcrial
<br /> icnpairn�ent o�'rhe lien created by this SeaztiTiry Instrument or Lender's security interest. Borrower shall also be In defeult if
<br /> Borrower,during the loan application praress,gave materinlly false or inaccurate Informution or statements ta Lender(or failed
<br /> to provide Lender with any materlal inforn�ation) in connection with the loan evideaced by the Note,including,but not limitod
<br /> tu.repra�°.ma�nons conceming Borrower's occupancy of the Property as a principal restdence.If this Securiry Instrument is on a
<br /> leasehol�, �rrotiver shall comply with a1C the provisions of the lease. If Bonower ucquires fee tide to the Properry, tho
<br /> Icasehold an��t'�ae fee titte shall not merge un�,ss L.ender agrees to the merger in wdting.
<br /> 7.Protectlon o[I.ender's Rlghts ln the Property.If Borrower fails to perform the covenants und agrcements mntaixd in
<br /> t�is Securiry Instrume��t,ar there is a legal procealing thut may slgRificantly affect Lender's rights in the Property(such tts a
<br /> proceeding in bankruptcy..�:::�bate, for condemnation or�forfeiture or to enforce laws or regulattons),then I.ender may do and
<br /> pay for whaieyer+s necessa�;r to pratect t6e value of sb�E Property and Lender's rights in the Propecty. I.ender'x actiom may
<br /> include payin$ any sums secured by a@i�n which h�s prtorlty over this Security Instrument, appearing in coutt. p�yia�,r
<br /> reasonable attomeys'fees and entering on the Propesty ao make repairs.Although Lender may take action undcr this pangraph
<br /> 7.Lender does not have to�c�sa.
<br /> Any amounts disbu�t7'by Lender under this pa�rugraph 7 shall become addittonal debt of Bonower securod by this
<br /> Security Instrument. Unless Borrower and L.ender ngree to other terms of payment. these amourtts shall bear interest from thc
<br /> dute of disbursement at the Note rau an�, grall ba payable. wlth Interest, upon notice from Lender to Borrower requesting
<br /> payment.
<br /> S.Mortgage Insurance.If Lender required mara�;�ge insurance as a condition of making the loan secured by this Saurity
<br /> Instrun�ent, Bonower shaU r,��;r tlie premiums requir�d ao maintuin the mortgaga insurance in effect. If, for any reason, the
<br /> mortgage Insurance coverage r��aired by l.ender lapses or ceases to be in effect, Borrower shall pay the prertniums required to
<br /> obtain covernge substantially equivalent co�ye mortgage insurance prcviously in effect,at u mst substantially equivalent to the
<br /> cc�st to Borrower of the mortgage lnsurance previously tn effect. from an alternate mongage tnsurer approved by Lender. If
<br /> substantially ec�uivalent mortgage insurance coverage is not uvuilable,Bonower shall pay to Lender cach m�nth a sum equai to
<br /> one-twelfth of the yearly mortgage insurunce premium being paid by Borcower when the insurnnce cover�ge la�+sed or ceaud to
<br /> be in effect.Lender will accept,use and retain these payments as a loss c�eserve m lieu of mortgage insurnnce. Loss reserve
<br /> Form 3028 9/90
<br /> Pape 3 0l 8
<br /> •�,���.T`-�--•-C'r----�_--�-.•- -. . -- --..___� • .�---- ---- l�'�T� "a�`'•F'- . i ._" � ";ti`-r�. •;_ .
<br /> . _ �
<br /> ` . � ,,, .n"ry �r. 't .r � w�rc+i
<br /> - � , • .. . .:� .t��� ^�i.`�t .�i�i�s�w�`.R�i -�� , - . .� `l.FA� __ _-_
<br /> , • . . .� � � ., r`'`�u� � ��. . � �� _ 7[s:- - .� .0_.
<br /> __, _ ' • � .• � • k`. . Jr�l;�y�K y r.:{� l.i.�� , �.�' �i�IY -.._'
<br /> . � � .. . �� . . . . . ?,Ph' �i� .�t'..,� , l 1L�'}�',�:�,'_'.-.
<br /> . .. - ' ' , .�' �.+�:;x . t.4i �{y,q� dit.'1�
<br /> . . . � . '. • . .. �!t'' ��`{17'T aT:�'�;'*y.".
<br /> . I +� .�,1 T .., '�.}t.:�
<br /> � ''�" '�1��: : 1',�r • c4�'f.r^:
<br /> __ �. ' . - �i .. ' , _ . •:�:�� �+`�;��'..�:t -::...y�". eT._
<br /> - .. �_ . - : ' .. . � . r�+. 1�� ^_�y `.��iF..-.
<br /> � _ . . ��., 1�_� -
<br /> �.
<br />��. y .. .. . }`fr"IA:,.!kr�
<br /> .. . .. � 1, , l, u . .. • .. _ •ty(�� .-.
<br /> a • , '. ., • . . , 1��
<br /> . . . .. . y:r �{]+�J7t��..._.._
<br /> � , �. _ . � , � „rs ��isa.�"�T,s'.:.
<br /> . ' . . .., . . :�Y..r�r�.M_�+.a' . JL�aY�l9'.SL•t=_-_.
<br /> . ,. .
<br /> . ..: ..�� ,
<br />
|