|
� /
<br /> . . . t. ..i-=
<br /> �,�j�. . �� -.,. ' �L �_�.-„- � —.
<br /> � .�.to.,�� . ';r. , . , ., " , .. - � .� ..wY..�.+li�.`.:_-tt�:.
<br />. ' , r- . i`ft�-...---
<br /> ,;�r�,, . �•r.�,c�����aiGf��.:i:.-_ , . , , . .. • . � �; , - . . s,> . -
<br /> -�Y.. . , _ .,.;:::�4w�r - .. - ., �,.. .:,:.';�;-"-,-�:.--
<br /> �� �' , • ,::,: _.
<br /> - - � � .. '. . . . �� ... � - . . , � �.r��IC_'�_
<br /> .l �y;�'�t�..
<br /> i1P►s.«...v�—. _� _.c,� -._. .i....�_. . . • .. � .. . . �-` � .. . _ � _ .. ... -��4t�;�i#'.
<br /> L
<br /> � 97— �(f�o�'7 �[�-
<br /> j • S. Hwrd or Propaty I�unnee. Borrower stwll keep the improvements aow eaisdr� or benaRer encted na ttiee 6
<br /> Prolxrty insured against lass by flre, hAZards tncluded within the tem� "exteadecl caver�ge' and pny ather iwzstnls, inclucling �
<br /> � floocts or tloodlag.for whlcd Leaclor requins insurance. This insurance stwll be nulntalaed!n the nmount�aad for the pedods �
<br /> ��''�'"'`� td�t Leader requlra. 'lre i�uurance carrier provtdiag the Iusurance stwll be chosen by Bc�rrower subject ta Len�kr's�pprnval
<br /> A
<br /> ' which�Il aot be unn�sonibly wIthheld. If Borrower faUs to mAintain coverxge descrtbed Above, L.ender may, nt L.ender's �.
<br /> . opt�oa. obtaia caveage w protect Lender's rights In We Pmperty In�ccordince wiU►pangnph 7. _
<br /> �' All lasurnnce pollcies tnd renewals shill be uaptable to L,encler and atwU lncinde a staud�rJ mortgage cltose. Lender �
<br /> • slw�ll dave the dght to hold the pol[cies and nne�anls. If[.ender requires.Borrower shall protapdy give ta l.euder all rec�Ipts of �
<br /> pdd premiums a�l re�wal uotices.In the event of loss,Borrower shW give prompt notice to We la�nce curier aud Lender. �
<br /> Lender miy make prootof loss If not m�de promptly by Borrower. _.
<br /> UNess Lender aad Borrower othe�agrec Ia wrlting,iativnrcs procads�ull be applied w restor�tioa or repair of the _
<br /> ' Property dam�ged.!f tk Y+estorxdon or npair is ecnaomicaUy frasible swd Leader•s security is not lesxaat.If the restoradon or _
<br /> repair is not economlcally feasible or Lender's ex�ulry would be lesse�d,tLe fativrance pmceeds sha�l be appUed to We sums
<br /> -, sxural by tLis Security Insuuwent, wbether or not then due. with any ea�cess pdd w Borrower. If Bamawer�bandoac tLe
<br /> Property,or daes not answer wlthin 30 dsys a mdce from Lender th�t the imvraact aurier h�s offered to settle a claim. then _
<br /> ' Leader may collect t6e Ins�ua�e procads. Lender may use the proceeds w repitr or nsron the Property or to pay sumv
<br /> - � sxumi by tLis Securtty Instrument,whether or not then due.'Ibe 30�day period wlll begin when the aotice is given.
<br /> Udess Leader and Bamower otherw�se agree in wridng, any appUcadon of proceeds to princlpal shall not acte�l or —
<br /> � ''• pastpone tl�e due due of the montWy psyments refrmed tv in patsgraphs 1�ud 2 or chanYe tLe amount of ttie pryments. If under
<br /> p�ragrAph 21 the Prope�ty is acqutred by Lender. Borrower's rig6t to aay Luvrmce poUcies aod proceeds resultiag frnm
<br /> . < dam�ge co�he Prope�ty Prior co�he scy�isidon sl�all p�ss to Lender w�he exceac of�he svms sxund by�his Sac�uicy I,uaumenc
<br /> -- -., � ��Y Pdor w the�cqulsidon.
<br /> 6. Occup�ncy,Piresa�ation,Mai�and ProtatSon of tbe Property;BQrrower'e Lo�n Appltc�ttlonj Leaselroltl�.
<br /> �:.�, . Borrowec shall occupy,establish,and use the Property�s Borrower's princIpal nside�e witWa sixry days after the execudoa of
<br /> ��;. . this S3cucity Insuument�ad shxU conttaue w occnpy the Pmperty ag Bomnwer's princlpal nsidence for at le�st one yar aRer
<br />-. '�:r '�'� the date of oecuAsu�eY.unless L.ender oWervv�se agroes ln wcidng�wtdeh consent stu�U not be unrrasonably wItl�eld,or unless
<br /> .�.•_Y.
<br />=-;���:�.�; exte�tIng clrcu.a�anoes exist whtch ue bepond Borrower's coatrol. Borrower shAll not destroy, dAmaSe or impwIr the
<br />—_r;.�.:s. Property,allow ttu Proporty to deterlorate. or commlt wa�:on the Property. Borrower shall be in d�fault if any forkidue
<br />_-�_��,� �etion or prnoealing, whether civll or crlminal.is begun that in Lender's good faith judgment could nsult in forkitun of the
<br /> °" Ptoperty or otherwise �ter3�lly impair the 1Iea cnated by this Secudty Instiument or Leader's saau�ity interest. Bortower mty
<br /> "�":;�Ea g ca�re such a def�ult�nd nlnstate.as provjded in pusgr�ph 18,by exustng the rcdon or procxeding w be dLanissed with n nilIng
<br />—_�;;,:n tiu�t,ia Lender's gaod faith dsteiminadon, Precludes forfeItune of the Bomnwer's interest in the Property or other maoei�l
<br /> � — ic�p�im��of the lien c�e�ted by thls Security Iastcumcnt or Lender's securtty intenst. Borrow�er sb�ll dso be in deGult if
<br />—"�#'�""f! Borrower,during tLe lwn appHauion pmcess,gave auterially false or imccu�te inUnrnutIon or saKments to L,ender(or failed
<br />�._.�";..� � . w provide I.��er wIth my maur�al Infoimsdon)ia connccdoa with tLe low evI@enced by the Note.including�but not llmioed
<br />--�.1°:� to,nPresenbiions conceming Bormwer's accupancy of tLe Pmputy ts a principal residence.If shis Saa�dty Instcument�S on a
<br /> --:.-� leasehold, Borrower s�ll comply wlth�11 the provisions of tLe lwse. If Bomower scquirea foe Hfle to the Property. the
<br /> - . le�selald and the fa titk s1uU not merge uuless I.enOer agrees to the merga in wridng.
<br /> ----- 7.Prntedion of I,eada'e Ri�ka tn the Propa�ty.If Borrower fails to perfonm tLe caveaants�nd igt�eements oontainod in
<br /> this SxurIty Instiument,or then is a legal pmceeNng that m�.q significuitly a�'ect L.ender's r�gbts�n the Property(svch as a
<br /> --- _== P�nB��►P�', Probate� Enr condemnadou or forfeIhue or to enforcx laws or regulat�oa4), then I.endor msy do aod
<br /> - p�y for aLattever is neassup to prntxt the valne of the Property �wd Leader's rights ia the Property. Lender'e�cdous may
<br /> ---�-;:9 , i�lude piying any sums secured by a Uea which lv�s priority over this Sectulty Insteument, �ppe�ring ln caut, paying
<br /> �==�°� reasonable auomeys'fas sixl eatering on the Pmperty ta m�ice npairs. Although Lender may bdae Acdon under this par�gc�ph
<br /> ._---- 9�I.ender does n�t hsve to do so.
<br /> - Any amounts disbnrsed by I.ender under this puagaph 7 st�ll bxome addidonal debt of Bormwer secured by tWs
<br /> ���,°;:� SxrorIty IasuumenG Unless Borrower and I.ender agroe w othcr tesms of payment,these amounts st�all beu iaDerest from tLe
<br /> ,�.;�.:a
<br /> -_.-� d�te of disborsement at the Note rate and shaU be payable,wlth inurat, upon aadce �rom Lender to Bonower�quesdng
<br /> .-`=-.�"'� p�ymcnt.
<br />-�.u���'^�. 8.Mod��e L�na.If Lender required mortgage iasurA�x as a condItion of maldng the loan secuned by tWs Securl►y
<br /> _-`_�";,::,'� Iastiument, Borrower ahaU pay the premiums roquind to maint�i�u the mortgage insurance iu effxt. If, for any resson, the
<br /> mortgage�n�,*�.�:coverage requind by Lender lapse4 or ceues to be in effxt► Bormwer shall psy the premi�,s required w
<br /> obtaia coverage substan�ally equivalent w the mortgage iasurance prevlously in efhct,tt a cost substandally oquivAlent to tLe
<br /> cost w Bormwer af tl�e mortgage iasurance pnvlously in effect, from aa alternate mortgage insurer approved by Leuder. If
<br /> -- substandaUy equivaleat mortgage iasurance coverage is not avAilable,Boirower slsall p�ty w LeMler eYCh month a svm eqaal to
<br /> __ !� o�-twelfth of the yearly mortgage imurance pnmium being paid by Bornower when the iativrance ooverage lagsed or ceaqai to
<br /> � be in effxt. Lencier will Accept,use wd ntain these puyments As a loss reserve in lleu of mongage intiwrance. Loss reserve
<br /> Form 302t 9/80
<br /> ���� (�j �BRINEI Its�st.o� vp.a•r s ���
<br /> ����
<br /> • - - .� � �
<br /> � -
<br /> �r�.�_�._.�... -- ,�., �,
<br /> . . . .. ..t: . . �a �?..�.�w '.y:�=.��, M ... : •,--__ -
<br /> ��::�}%I�3rte,��v"I_tw� �1: `? ---
<br /> Q. � �/i4y�?}y,�Si t ,�� `�. �M ✓+r��•
<br /> •�� ' � �> �...'t�A/.Y_.:.-.___�.��
<br /> .. • n�� 5'. �.� :2 �Z��J"�'{h?.?7«-.-- ___
<br /> . '- , , j� .^ i`-'.�::�
<br />__ .. � �i_�w'.:L �.� ��ny '{'T.A._____.
<br /> �,���:: .;�.:
<br />— ' .:.�:�+s:��.�---
<br /> . �``�'� - :3���_
<br /> ., . ':z':f_ -- "°'t.=
<br /> .� ' s_�:
<br /> .. i . . . ' :-i_ _ ' -
<br /> F • � 'w��� . _ _..�:;1'.__---_�
<br /> , . �:_'��=::'�?�.�"�a--=��"=.�:�.�
<br />
|