|
. ..� r-k��+��T-,q,r!'K'!""�i... .... �"�»,t .�'i±�S'i�.i+'�'�.."i q��• ..'_;.'.."7"'.-..._e"���:^��.«..�.T,........ ......_. ... .- .
<br /> 4��t���, 1 Mti. 7�i:fi . <F'�:�.rT't!f Ij�:,d�.1�i! • _ .
<br /> 'l t ,�l'i..l{,n�l,t�+��'l,. 1f�.Fs' J� . • . .
<br /> ' . - •.i�(.`iiiG:;S� . `�•`r `'t.�\�'�4 .
<br /> ' �:b� _ , . � . ' . '
<br /> � .. . , � .. - • 1
<br /> • •'.26;
<br /> '. "�76LW� ,. , .
<br /> -tT.C. •�
<br /> r
<br /> � ,s�� :.Fk... - .. . .
<br /> .. */�, ----'r .��...v._���--�..-"-'-"'-.....-"--_'-''"-"'-�_'--.._._._--"'-"'-•-'._._.__.�_..-_'�'-'•'-_-_--._�.__--. ..... .. ._.�_.... _ -:_-___'��j=���_.
<br /> �. T.� . 98-i�,��s� `-
<br /> C'
<br /> ��! ' S. HazaM or Property Invurance. Borrowcr shall reep the impmvementa aow eaisting or hereaRer erected oa the =
<br /> � �-'A Propeny ins�uod agatast loss by fire,bazarda iacluded witbin the tera� "eatended coverage' and any other 4azards,irtcluding �
<br /> :;�:�;,';�.!�;:. . fioads or tlaading,for wl�cb Lcadcr raluires irmursnre.T4fa insurancc sha11 bc mnintaincd in thc an�our�ts and for tdc�erioda —
<br /> � F,�:>?,�' ' that Leader requitea. '1'Ge insuasu�ce carrier provIding the insurance shnp be chosen by Borrower subJect to Lender's npprovul —
<br /> . ``�:`'��' which sball not �e unreasonably withheld. If Borrower fails to mriiiateia coverags desctibed above, Lender raay. at l.ender's =
<br /> ,;:;`�:�;...'A opdon.abtain coverage w pmtect l.ender's rtgbts!n the Property in accordance with P�II�Ph 7.
<br /> ;�-;���'•;�;��• AII lnswauca poltcies aud fenewtils sh�ll bz acceptable to Ixuder and shall include a standard mortgage clause. Lender
<br /> �� �� shall hnve the d�ht to hold the policies and renewais.If Lendcr requirea,Borrower sh�il pmmpdy give to Lender ail receipta of �
<br /> ' p�d peemfwns aud reuewul noticea. In the event of loss.Bornnwer shall give prompt aodce to the insurance caMer suid Leader.
<br /> • '� ��� Lender may aiake praof of loss if not mnde promptly by Borrower. �
<br /> ''� UNess Lertdsr and Borrower osherwtse agcee Ia writing,insurattce pmceeda shall be applted co restoratton or repair of ttte
<br /> Property daaoaged,if t8e restoradon or s�epair is t�onomically feaslble and Lertder'8&CCUtII}�IS AOt ICSSfACd.If the restoradon or
<br /> ����'� repair is aos esoaomicaUy ftasible or Lender's securlty would be lessened,the insur�tce proceeda sh�ll be applied to the sums
<br /> ' ���"��'<:ri�� . secuaed by this Secus�ty Instn�auent. whether or not thea due. with any eacess paid to Borrower. If Borrower abandons the __
<br /> . `,�r,�,'� Pmpeny�or dces aot answer withim�30 daya a notEce fcoan Lender that the lnsurmnce carrier has offered co settle a clalm,th:,n
<br /> •'� ;- Lesdar may collect the i�aauzaace pmce�ds. Lendsr may use th6 pmceeds w repair or restore We Prope�tyr or co pay swns
<br /> ��.�.,:�. �
<br /> � sectired by this Security lnsuuns$nt,whether or not then due.The 30-day period will 6egin when the aotice Is given.
<br />- � `'',:'';:����� Ualess i.ender and Bomower otlterwiae a in wridn . en lication of rocecds to
<br /> ;;. ��, ,� ,, : � � Y ePF P Principal shall not extend or
<br /> � � '.••��%�:":- postpon.�the due date of the mantlhly payments referced to ia paragraphs 1 and 2 or change the a�uount of the payaients. If
<br /> ,,t r:;;��:' ; undez p�ragraph 21 the Prnper4Y is acquirod by Lender,Boaower's right to aay inswance policies and procee8s resuldng fcom
<br />������� '��r�� dsmsgc to tltr,progerty prior to thc ucquisition s}�all p�s nm Len@er to the eMeat of the su�s sea►red by this Security lnsteuaeeat
<br /> ._.�,,_�� ,,. .
<br /> �•<},;;;;��;; immediauly grior W theacqoisitioa.
<br />::''��'� ?��",:'1�• 6.Occupaady,P�eservatloa�Mefnten�ce end Pe+ntectioa of the Property;Borro�ver's Lo�AppHcudon{Leasehold4. _
<br /> `•l . ,....,,:�
<br /> : ;.;;.;.;.��; : garmwer ahaU oscupY�establish,and use the Pcoperty as Bo�rower's principal�esldeace within skty dmys after the execution of
<br /> �:y�;;,�F��'�` this Sxuriry Insaument ead ehall o4at[nue to occupy the Pmpeny as Bornower's prInc[pal residence for at ieast o�e year after
<br />:'�;;.; '.,c.� � the date of occupancy.unl�ss L�eader othenWse agrees in�vridng,whIch conseat shall aot be nnrnasonably wIet�ha'��►,or ualess
<br />::::���'r"'�`'; extenuating circumstaaces cxist wl�ich are beyond Bomower's control. Bormwer shall noi destroy. dsmage o.r impair the
<br />�:�'it S•�• .
<br /> Propeity.attow the Prepeity to deteriorate. or wmmit waste on the Property. Borrower shaU ba ia default if msy forfeiture
<br /> ,.�..'-µ;`N;_- acdon or proceeding, whether civil or crlmiaal.is begun tBac in I.�nder's good faith judgarent coutd resWc in forfeiture of ttne
<br />=;�r�,:'<: , Pcopercy or othera�ise�natealaUy impair the lien created by tNa Secudty Insuument or Leader•s securIry interest.Borrower tte�r
<br />;`r::��'� cut�e such a defuuit aad reinstaUa;as provIded in P�B �� �.
<br /> ��� x s P�P�+,H 8,�y causing the action or to be dismisscd with a
<br /> ;.`rrl':�" lhsL. !it L�t4ef's g�f�th�r.tuminatinn, prerludeg fprQ�ln�;e ef the Rnrmwgr'c iq;er� �n the Pm�serty iv�i}�materiat
<br /> '� ,'� Impai�ment of the lien created Dy tbis Securlcy Inssauumrni or Lender's seauity interesc. Borrower shall also be��deYauit �f
<br /> ' '�W� Borrower�dwing the loan application pmass.gave materiaUy false or inaccurate informatton or statemema to Lender(or faile�
<br /> .s
<br /> :,-�.—U�::.
<br /> ���;�,.,, W provlde Lettder with any materlal9nfornnation)in w�ecdon with We loan evIdeaced by the Note,insluding,but�t limited
<br /> '�;;,:�� w.r'ePt�seatationa ooacera�ug:Barrower's occupancy of the Ptoperiy as a prlacipal residence. If this Se�utit,l'Imvpununt �S on a
<br /> leasehold. Borrower sha1l aom�Iy with all the provisiotns of the lease. U Borrower acquirea fee tide ta �e Property� the -
<br />'„';,;��`� leasehold aad the fce dde sl�al!aot merge unless Leader agt�ees to the mBrger in wrIting.
<br /> _.�.,:��r�:� 7.Pmtection ot Lea�Da's Righfs in tbe Properiy.If Borrower fails to perform thB covenante and agcr,emgrits contaiaed in. .
<br />_�:.,:�� this Security Iastrument,or theae is a legal proceeding�at may sig�.ificantty affect Leader's dghts in the Prope�ty(aiticch as`a
<br /> ���r--�4;� prx.e�ing in baalcrupuy. pTObau. for condemnation or forteitdre or ta enforce laws or reguladons).thea I.ender may_do and
<br /> � ' paY for whauver is neoessa�p to pmtect the value of the Prop2rty aad I.eader's riglits in the Prnperty. I.ender'�.�c�oba may
<br />;;;;;�,�� include paying any sums saured by a Iien which has priority over thia Sxudty Insuament. aPP�B � � Pa9�8
<br /> --= rpsanable attomcys' fas and entering on the Property to maice e�xpairs.Althoulih Lender may take�don under this pardgraph� .
<br />_-- -- — 7,I�ender does not have to do so. '
<br />; :.� pny amonnts disbursed by I.ender under this paragraph 7 shall bcoome addirim�al debt of Bornower sa�rcd by chia �
<br />°;;�s Sxusity Iasuument. Unless Borrower aasl Leader agc+a to other tenns of paymeat. tbese amotmts•ghall bear iat�+est from tlie
<br /> -_—-- dat��ot diab�usement at the Note rate and shall be payable,with interest. upon notice �St LendCt to Borrower requesting
<br /> -�`�.� payment. � -
<br /> �� 8.Mortgage Iosuraace.If Lender required mortgage insuraace as a coaditian of making Ws loan secured by tbia Security
<br /> - �- Insttument, Borrower shali pay the premiums requErod to maiatain We mortgage insuraaoe in effaK. If, for aay rason,the� �
<br /> _-- _— morsgage insuranoe ooverage requtncd by Lender lapses or.ceases to be in effect, Bonower s6aU pay the premiums ccquind to .
<br /> abtain t.overage subsiantlally ec�ivalent w the mortgaige insurance pnwlously in effect,at a oost substautially equivaleat to ttES�,�
<br /> ---- cost,t.o Borrower;of the ntortgage insurance prevlausly�ie eftect, fro�re ayt altemate mortgage ins�wer a�proved by Leader.r9f
<br /> Y��� spbstaatially eq�v�tent mortgage inaurance eoverage is not available.�orrower shaU pay to L.eader each momh a sum equat t� .
<br /> _:"�'�� one-taelRh of the yesrly mongage insurancx pzsmium beia�8 Paid by Bornower when the insurance coverage lapsod or ceased to
<br />°'�- .,_.
<br /> ::;,t'�'?� be icx effect. Lender will acapt.use and retain these.Paym�ma as a ioss resecve ia lieu of mflngage ins�raace. Loss reserve
<br />'=::��Rk�'�= '
<br /> :.uN.,L...,. Fortn 8028 8/90
<br /> �:;E,,,.��. . ��BRtNE)ce���.os o.oe s a e �y.
<br />-��;,,t�'t,i_ ,
<br /> ��� � , .. . —
<br /> �a�,�:'s; � • ,• .
<br /> ;�, , —
<br /> � . , .� .
<br /> -•. , r� • . . •: : , � :i, . ',:r j�,, �,i��.�`-. -
<br /> �_,�j, , , s �. ��`f ,..� � { :` ,- ��u _ -_
<br /> •Y:..
<br /> ,.J�' ,. ' � �-'----'rs`--- -- � •.� . �.. x.t�'a��'p}�_ • .- ., ��4►ti� � ..XF.ds'l S•`�N.$i4T.N�erea.�
<br /> ` _._-............ .--_. .___-.____ __._._. _.__ . _ . --... . _ _ _ _ �R�_ . . _
<br /> .;.yo� .,r ��yp,,-. . _tS-. .___"-___-_- .'__._.___".___—.-.____ . .. . .. -1 o.....�..�'� 1Vh� •�•7 . . _ . . �.
<br /> - ..a�^�'r r.j'� .�7CAt�`` _ . .. "�� � v . .'P.C�JI'r;`!-�, � . . . .-� �-_`-�---'- .
<br />. _ . ...��i. . . . ,. . . . .' , " - . . . '... - . � . � �--n.�..�,i��
<br /> � � �L�d
<br /> . i . � �.
<br /> , , t. �`5;,"rc�?r,-_
<br /> •, .. • . ' ,, • .. . . . � .,i" :'sV, -_'
<br /> nf ^ .. :� " . • . ';;j,��R�_
<br /> .. .. , r „ . ^Z'��=
<br /> . . � „ ' .� . .. . " �� � „ , I , � . . :��4`°
<br /> I . ' � ' . ' . . . - . . .. - �y..,�,_�.
<br />- - .. • ` . u r�..�i..a'.. • l .tr�."�l,., 'r-� �`C!.
<br /> ♦. - • ' . _ ' .w+�:'�{���.^_r�4e�Y- -y_, �� K "
<br /> / �k ❑ L
<br /> L�_ ''} __ _ ��::
<br /> _ __,•--_'—".:..._�_'` '"' ....' —_"._.�.__�_'_-_.___'__'.�...._._.-.-_... �jR >P
<br /> �; �, � � �, �, �� i t,�
<br />. -. _.�... ,-;�, „ .r , . �.—_�_.r_—_ ' . __.�..,n..".� 'Y y:. � ,y�ix �.`,.»Y 'S`' •:r� .`. �.=.
<br /> .. .. � . . - -�".: � . o
<br /> � •• ' ' ' , ♦ .ja,: •1,�.r�,�.�.� f ;_�f"'"�:�-.
<br /> . _ _ _. _... ._ ._._ .k �Y�i,�. ��,..t_. �
<br />
|