|
•5��� i� ;�1{t ��7 K . i�. `t` !' . - . T) Z 1 K;�S'Ix .
<br /> . '�3'to�i s�;��i r .: t f�,�:}� �,.�,'. �'�itir S ti�Yu It b43"�?k _„?. t
<br /> ; '��k,�, �'��''��r t
<br /> f,�y���:'��<<, ;..,. E , ad � �i
<br /> � -l�` ' � ���s�2 a `� � t�c''`-rt .
<br /> t ,�� � "{r�- r��f�{
<br /> -�y....a�r - , R`1;:�.;';riS
<br /> I ,::Vr.��'_. ..
<br /> I. ., '
<br /> .� ��r���r.. �Y� . . � .: � .. ,' . .-_ -
<br /> .. .,. . �1.��i�' � . -nr.a.ti�3klr�e�ii . . ... ' . ,�,.7�W�t��tFJ�'t.a, ` ':�-
<br /> . ..
<br /> ., ._. . � � ' ' �
<br /> . '-" ,....ru_L.i�L'.�✓�...__"'_..___'_r...�...._____,...:_:_.._.._._....�_...._..__"_""�—._____—
<br /> :�s� R�•RECORDE��°� SQ►�4�iZ 98� ��D:�OG' :
<br /> _ `��. '� S. H�ard or Peuperty G�siu�ce. Sarrower aba11 keep the Impmvementa now eaisting or hereafter erected on tRe
<br /> .+�:�: " Fro�lrty inaur�d agelnst loss by fire,haztuds lncluded withia the term"eatended coverage' aad any other haxarda, ir�cludlag
<br /> r;,�, � tlt�or flooding, for which LRad$r requirea insurance.Thia insuranre sball bc maintalned ln the araounts and for the perioda
<br /> � -•� Urat Lender requlres.'The iasuraa�carrler pmviding the inauraaee aball be chosen by Bonov�er subject w I.ender's approva! _
<br /> �f�►ich shall aot be unreasonably withheld. It Bartower fatls to maiatala coverage descdbed above. Leader may. at l.ender'a -
<br /> � �;,� o�tton,abtain wverage to protect Lsnder's righta ia the Property in accordance with paragraph 7. '
<br /> All insurnnce policies and renew�ls shall be acceptubie to Lender nud shall include a stnadard mortguge clnuse. Lender [
<br /> , .�� � s3�a11 have the dght ro hold the poltcies aad renswals.If L,ender mquires,Borrower shali prompdy give ro Lender all receipts of ``�
<br /> p,�ld pretpiums and renewel aotices. 1n the event of loss,Bortower shall give prompt nodce to the lnsurance carrier and L.ender. _
<br /> �.�x;,�,.;�:":'• Gender a�y matce proof oi Ioss it aot made pmmpdy by Borrower. �
<br />` '�`t•-" Unless Lender aad Borrawer athenvise agee in writing,Insurance pracecds shall be applied to testoratIon or repair of the
<br /> -�l..�.,�- Fxqperly damagod, if the restaraden ot repair is ecomomically feasible and L.ender's security is aot lessened.If the restoration or
<br /> �`� �-�• ' r4�air is not ecoaomlcally feaaibl�or I�ender's securtty would be lessened. the insuraace proceeds shall be applied to the sums
<br /> . '; ., s�ured by this Securlty Iasuum�u,whetDer or not thea due. with an,y eacesa paid to Bornower. If Borrower abandons the
<br /> _ � �: ' F1e+operty.or daes not answer within 30 days a n�odce fram Lender tbat the insurauce carrier has offGrcd to settle a claim,then
<br /> L,�ader may coUoct tko iasu�arke pmceeds. I,euder may use the pmceeds to repaia�or restore the Property or to pay sums
<br /> .. . .� � ''• srcuced by this Socudty Insuumeat,whethor or aot then due.The 3Wiay perIod wlll lsegin when the noHce ia given.
<br /> Unless Leader aa�d Boaower otluerwise agree in wdting. any applicatton of pmceeds to prineipal shall not eatend or
<br />- ����°�-'-� �aistpone the duo date of the mo�sthly�aym�encs refernd co fa pazagraphs 1 aud 2 or change the amounc of the payments. If
<br />^'�1:':,:4;: w�er paragraph 21 the Ptoperiy is acquired by Lender.Borrovter's rlght to aay insurance policies and proceeds resultIng fvom
<br /> °"�.�'• e to the Pm arquisition shaU ass to Lxader w the eateat of the sums secured b thia Securi Instiument
<br />`-�.`�.�.,��,:y,,� d�B P�Y P�or ta the p Y �Y
<br />'.:..s�.4�';. i�.a�dlately prior to tl�e ao�}uiaiHon. .
<br /> � `,� .. 6.Occupancy.Pr�x,nvation. Maintensnme ansl Pcotattc�dt tke YroPe1'�Yt Bosrnwer's Loan Apptication; I.easehoAds.
<br />'°:,,.;�,•�,�
<br />::-:,,.� ?t. Bi�rmwer shall oocupy,establish,aniduse th�Property as Barrowes's principat residence within siuy days efter the execudoa of
<br /> � � tb�s Security Iasttumeat aad shall contintte to occupy tQe P�ops,rty as Bormwer's princlpal msiQsnce for ai least one year alt3cr
<br />_:.��;��. t�e dau of
<br />--�� �P�Y• uuiltss Lenderothenvlae a,�rees in�Yritit�,�vhich oonsent shall not ba urrroasonably wltuheld.or ualESs
<br />,.:.�,�{,�: extenuati�g circumstau�es exist whIch are beyo�d �orrpwe.r's control. Bornower shall aot desiroy. dau�a$e or impair the
<br />-��=+�t Pbtnperty, allow t�e Pgo}+eiiy w d�tetiotate, or oomu�t iv�ste�n the Prngecty.Borrower shaU be ia default If azry forfeiture
<br />�,; _
<br /> ,:'r„:;��+. a�tloa or prooeeding,��ether civil or criminal. �S b�egi�n that in�Lender's good faith judgmeat oould result in forfeiture of the
<br />_�.-.r„1;��
<br /> n�t+.;� ,;. �. �'eoperty or oi�h�swise matedelly impatr the lien created by thls S2curiry Iostiument or Leuder's sxurIty interest.Borrower raay
<br /> ��,..�;, ;.
<br /> W���:�9,+�� pire such a d�fault an�c�instete,ag provide�in paragraph 18.by causing the acSon or pmceeding w be dismjssal with a cnling
<br />- ---_--- c�at. in Lender's good faitb dKermination. Pnclude�forfeiwre of the Borrower's interest ia the Pmpexy or other material
<br /> -�����:��i izapairment of the lien creat�d by this Sectuit� Iagtniu�eat or Lender's security intenst. Borrnwer shaU also be in default if
<br />=-r�K�,;�� �orrower.dudng ttie toaa appil�atiw pivsess�Bave aAateriaity faise or inac�•,•s••informarioa ot statements ta Leader(or failed
<br />'`:�:��'=F, to mvide Lender with an materlal information)in oonnection witli the loan evldenced by the Note.iacludiog.but not 1Laited
<br />- ...a.�s.i�: P Y
<br /> �v_u.•v:
<br /> --- ��,a�; to.iepreswtarioas ooaamiag Borrmvaz's ocxupaucy Qf the Property as a prIcaipal resideaca.If.this SearrIty Instiument is on a
<br /> ���F✓;r;z;w.�F
<br />.._---':"�. leasehold, Borrow�r s2w11 cumpiy Whb.aU We provislons of thc lease. If Borrower acquires fee dtle:to the Property. the .
<br /> r�:�;�� I�old and ths fa tiAe s4�i9t noi,�p iml�s Lsnsic�z•yQry��w the me}per ia wciting. ' . .
<br /> C-a3M�4fi��� «'..�'P� "O��„ �p � .
<br /> --_�,;��c±t��� 7.Pe+oteetton of l�enai�r'e►Righta#»the Property.If Borroaer fails w perform the oovenants aad agreements contained in
<br /> .__���,���'�i this Securtty Instrumem�or there is a�l�gal pmcading thaz may signi�cantly affxt Leoder's rig�ta in the Pmperty(such as a
<br /> .�.�:f41;•,s1:��; P��S�b�►P�Y,P���• foi�oondemua�ion or fosfeiture ar w enfora taws or ngulations).then Lender may da ae�d�
<br /> _-•�k�� PaY for whatover is n�es.�ry W pmtect the value of the Property end Lender's dgbts in the Pmperty. Lender's acttons mey
<br /> �.---;. iacl�ds pay�ng any sumi secured by a liw atuch has priority over this Security Instmment, a�PearInB in oourt, paY�ng
<br /> �"—� reasonable attomeys'fas aad ent=ring on the Pcopeny to make repairs.Although Leuder may take aaton under Wis paragra�h
<br /> _; 7.Leader doe.t aoi have W do so.
<br /> _ -,�; Any amouats disborsed by L�eader under this paragraph 7 sha11 beoome add.itional debt of Borrower secund by this
<br /> ..-- -_-- Security Insaument.Ualess 8omower and Leader agnx to other terms of payment,tbtse amouats shall beaa�nterest fnom tha
<br /> _ date of diabiusement at the Note rat�and s6all be payabte.vv�th fatecest. upoa not�a from Lender w Bo�rower requestiag
<br /> _.- paymeat.
<br /> __..__ . S.Mo�t Insurance.If I.eader requirai mortgage insurance as a eondition of making the loan secural by thia Security
<br /> �--�'�'�i Insuum�eat,Bonower shall pay the premiumv required to matntain the mortgage insuraacc in effect. If�foz any reason. the
<br /> � mortgage insarance ooverege t�equind bY Lender l�ses or oeases to be ia effce4.Hormwer shall pay the pnmiu�tequired w
<br /> .--- obmtn ooverage aubstaadeUy eqnivalent to thc mortg�ge insurana prevtously in effax.at a oost substentialty equivaloat to the
<br /> —� oost co Borrower of the mortgage invurans�e provIoualy ln effa;t, frora aa a3oera3ta mortgage insuner agproved by i.ender. If
<br />_�__��.__= �ntiallY equivaleat murtgage insuraacx ooverage ia not available.Borrower sha11�paY w Leador each month a sum eqnal'to
<br /> ----`::s� one-rarelftDof tL�e yearly mortgage ir�urance pr�mium bdng pa�d by Bomnwer when the It�suraact coverage lapsed orceasaf w
<br /> _, ,:ri;:�
<br /> --��..,.>.� be in effeat.t.cnder wiU acapt,use an.d ntain these payments as a toss resenre in lieu of,arertgqge insvrmrx. II.oas resezva
<br />__:-_�,�'tw�t��
<br /> - -- -- Fairr�901L8� 8/90
<br /> _�—° •��BR(N4 cea�L.as vw►s m s �n�, ,
<br /> ��-
<br /> -����_��,4� . . (l . 1 • . .
<br /> :..-;,�tfi, �
<br />.--":X�"i��'.�i � �. !4 �b
<br /> - ��tf{��S'.
<br /> ��' ,,y , -__ _ _ _
<br /> � t . , ,,. . . . ;�. � ,���
<br /> �'���'�� .. �`� t . �,. :,: •,:.'�:+ �. .�.�,, __ —-
<br /> .�r; ,,�. �/,:�. .�1 ��� ,a.,_._.._.__.
<br /> ,t:__ �'' 'N,�'l�ti! ! �' +E ! 1 L��1r
<br /> . .
<br /> . .
<br /> . � , �
<br /> � ..,
<br /> � _' •i: ., a . - '�, . . � ,� •, p� • '1� _--_
<br /> . .'
<br /> z_`" .. `__-_ _',� '_ '__ ._____._ __ �.__`._-_ _--_�.__-_ _:__ ''—`__ -.-.�� +`�,������.v
<br /> _._„c� .� ..s. - ._-._._
<br /> _����. __.___ _.--.:.� _____—___ . .. 7 - .
<br /> � -_—�_..'_.--_
<br /> ---
<br />-...0.... � • � . . � ., .. � . � . �T7 ' ... ' � s� y�. °".. -�`- -
<br />. . 'i 1 � . •� ]'4 �,�-`''Ffi;Si('�6rk' J(IK'l• It�i 7r.l�9�'�i�w w-.�..� ._..
<br /> i . . . '�' � , , . ' •i:lj�s`i'-.:*�L`_�4 1 .,1'.�- i i� '+1".�G � 'l C` -- -
<br />. . ' . . �M^:!(„�i fi�, i . T 1i�'� a i..- .
<br /> t
<br /> ' 'F. ' „ ` f _ , . J .,e ��i;� __
<br /> ' ^„ " ; - .� � . .. _ ., 0.fi`s �['r.�,{ . .""' . � --_..
<br /> y ' :. . _•. . !
<br /> , � ,
<br />. .. `, -. v . : . ,..;r.y� -.-. .
<br /> . .rr� 4.'li _-
<br /> ',,.��. �_.�.
<br />. .. . . - .. .. „ � - . . . _ N�.�'.�� _ a 's:X.'.='`':�� � �� - �..
<br />. -.. � � " • - .� � , „ .. . :'�l•.3��• a" Yu �ti-5�'Y J. �.-,�- �� -
<br />. . . - � ti'r f , f ����� - -_...
<br /> �'_ .` • _ . . ,� .. _ .. s —
<br /> ,��.�•. . � �- __-
<br /> .. -
<br /> . ,. . �. -:�q �____...�..._. � „ � ���� �,����_-
<br /> - - -- _ — - - - -.-.. - - .. �--�•�--� - -
<br /> — _ -,;`" , •.��. �.�. ._-
<br /> � : . . -� . - :. �.��. ��""`�c'-_.
<br /> .. ' . . .. ., e,,�` S,nt;��.�i�-----�
<br /> . . .. _r•_.,_. _...------- -
<br />
|