|
•`,4 ;'� _�b:�.{.�=ax. �. : . . . •4` z.. . .. __=�:
<br /> 1 . - . '.. . Y��. _. „ ':l._ •Y:' �,1'4. . - . . - .sT�M�_;i�
<br /> -�rtii.y� . �l,'�_„-.1��7,Y t�f '.�a� ��V�, • �.., .., - .. . �^Yi���� ^��:Y'~ �.- _� _� —_—_
<br /> ---r.�--.-�'"""`"_... ._9,A��y}Ki.r4�i�G!�ii�:Y.l�Jj� �it�YldN S�'��V:•UF�;:�•'�i.�:,t,�� ., �x't� �..:° .
<br /> ..�.A..:e....Y,..,�w.,r:.^•len. � .LS�m�N� i •,. - „ � � __.
<br /> �°�:�..a�..`� �:�r,ve,yt j,�rfi•'.cI�T'��-�'1' a�" '''.� ..�a.�;.Y��� i••:•t.x�,r..��F+�(�a',+r*.s�!� }_�,...�.. _.—
<br /> �u�.�t�."�4tii$�idt�::.�t��._.s��►�.�bien:�..:,t�t�+�.r---m„��.. .,.. _�_JrY41.s4S9�1�'�7+i.`�!�~:�"����'�'�".`�v~ — _
<br /> :-- .
<br /> _--
<br /> �_' �--:=.=su�"rvri7!'A' .���_b7..'7.�.4�...y�t.2a�.:�_'�.1;�. - -- �--- . -
<br /> _ . C. .. ._�."-....,.m.�mei.�r.��v�.f.t dL._.
<br /> ��-�v��3�
<br /> perlods thnt L.endcr requirea. The lnsurnnce carrlrr providing the insurance shall be chosen by orrower subject to nderk
<br /> approval whlch sh:►ll nol be unrensonubly withheld. lf Borrower fails ro maintiiin covemge described abavc. Lender�nuy,ut
<br /> Lender�option,obtuin covemge to protect l.ender�dghts in the Property in accardunce with paragraph 7.
<br /> All insu�ance policles und mnewals shall be accepiablc to Lender und shall include u standard monguge clause. Lender
<br /> sl�ull have the riglu w huld d�e policiey und renewul5. If Lender requireti,Barruwer shall promptly give to L�:nder all reccipts
<br /> of paid premiums nnd rcnewal notices. In thc event of loss, Borrowcr shull give prompt naticc to the insurance carrIer and
<br /> Lender. l.ender may muke proof of loss if not made promptly by Borrower.
<br /> Unless l.ender and Burrower otherwise agree in writins,insurunce proceeds shull be npplied to restoration or repair of
<br /> t6e Property damaged, if the restoratton or rep:iir is economicully fensible and Lenderk security is not lessened. !f the
<br /> restomtion or repair is not economicully feasible or Lender�sccurity would be lessenut,the insurance proceeds shull be
<br /> applicd ta the sums secumd by this Security Instrument,whether or not thcn due, with nny excess pnid to Borrower. If
<br /> Borrower nbandons the Property,or does not answer within 30 days n notice frum Lender that the insurance carriee I�as
<br /> offend tu settle a claim,then Lender may collect the insurance proceeds. Lender muy use the proceeds to repair or restore
<br /> the Property or to pay sums secumd by this Security Inspument,whether or not then due. The 30-day period will begin when
<br /> the aodce is given.
<br /> Unless Lender su►d Bomower otherwise ugree in �vriting,any uppltcution of proceeds to principal shnll not extend or
<br /> postpone the due dnte af the monthly paymenu referrod to in puragraphs 1 and 2 or change the amount of the paynients. If
<br /> under paragraph 21 the Property is ucquired by i.ender,Borrower§ right to any insurance policies nrtd proce.eds nesulting
<br />'' from dsmaee to the Property prior to the ucquisltion shall pass to Lender to the extent of the sums secured by this Securiry
<br /> Instruu,�nt nmedtu. ly prior �d.•acqui> r�on.
<br /> 6. Oecupancy, Preservadon, Maiutenance and Protectian ot the Property; Borrower's Loan Appiication;
<br /> Leaseholds. Borrower shall occupy.establish,nnd use the Property�.s Borrowers principal residence within sixty days after
<br /> the ezecution of this Security Instrument and shall continue to occupy the Properry as Borrower�s principal residence for at
<br /> least one yr.ar ufter the date of accupancy, unless Lender atherwise agrees in writing, whIch consent shall not be
<br /> � unreasonably withheld,or unless extenuating circumsts�nces exist which ure beyond Borrower�control. Borrower shall not
<br /> destroy.damnge or impair the Property.allow the Property to deteriorate,or commtt waste on tha Property. Borrower shuli
<br /> , be in default if nny forfeiture action or praceeding,whether civil or criminal,is begun thut in Lender's goad faith judgment
<br /> could result in forfeiture of the Property or otherwise materially impair the lien creuted by this Security Instrument or
<br /> � Lender�security interest. Borrower may cure such a default and reinstate,as provided in paragraph 16,by causing the uction
<br /> or proceeding to be dismissed with a ruling that,in Lender's good faith determination,precludes forfeiturc of the Borrower�s
<br /> ' intercst in the Property or other material impairment of the li,en created by this Security Instrument or Lenders security
<br /> = inse�s. Sarm�:er sha�l a!� � ir d�fauli if Sosras:er, durir.g she losn applic�on proress, ga�� ms2eri$!!y f�lss �r
<br /> ' inaccurute informadon or stutements to Lender(or falled to provide Lender with any material information)in connection with
<br /> the loan evidenced by the Note, including, but not limited to, representations conceminQ Bomower's occupancy of the
<br /> . Property as u principnl residence. If this Security Inst�ument is on a leasehold,Btonower shall comply wlth all the provisions
<br /> of the lease. If Borrower acquires fee title to the Proporty,the leasehold und the fee title shall not merge unless Lender agcees
<br /> to the merger in wririns.
<br /> • 7. Protection ot Lender's ltights in the Property. If Borrower fnils to perform the covenants and agneements
<br /> contained in diis Security Instrument, or there is a legal proceedtng that may signifccantly affect Lender's rtghts in the
<br /> Rnperty(such as a proceed[ng in bunkruptcy,probnte,for condemnation or forCeIture or to enforce laws or regutations),then
<br /> Lender may do and pay for whatever is necessary to protect the value of the Property and Lender�s rights in the Property.
<br /> ` Lender's actions may include paying uny sums secured by u lien whiah has pdoriry over this Securlry Insttument.appearing
<br /> in court, payiug reasonable nttomeys'fees and entering on the Proporty to mnke mpairs.Although Lender may take action
<br /> �� under this paragraph 7.Lender dces not have to do so.
<br /> '� Any nmounts disbu�ed by Lender under th[s paragr�ph 7 shall become addttional debt of Borrower secured by this
<br /> Securiry lnstrumenG Unless Burrower and Lendcr ag�e to other terms of payme�t,these amounts shall bear interest frnm the
<br /> date of disbursement at the Notc rate and shall be payuble. with interest,upon notice from Lender to Borrower requcsting
<br /> � payment.
<br /> . 8. Murtgage Insurance. If Lendcr reyuired mottgugc insur.urce as a condition of making the loon secured by this
<br /> Securiry Insuument, Borrower shall pay the premiums required to muintuin tht mo�tgage tnsurance in effecG If, for any
<br /> ,, mason, the mortgAge insurance coverage requined by Lender lapses or ceases to be in effect, Borrower shall pay the
<br /> - p�+emiums reyuired to obtnin caverage substantially equivnlent to the mortguge insurance previously in effect.at a cost
<br /> � substantiaily equivalent to the cost to Borrower of thc mortgnge insurance previously in effect.from an alternate mortgage
<br /> • insurcr approved by Lender. If substantially equivalent mortgage insurance coverage is not avuiluble.Bomower shall pay to '
<br /> [.ender each month n sum equul to one-twelfth of the ycarly mortgage insurance premium being paid by Borrower when the
<br /> insurance coveragc lupsed or ceased to be in effcct. Lender will uccept,use and retain these payments as a loss reserve in lieu
<br /> of mortgage insurance. [.oss reserve paymenu may no longer be required,at the option of Lender,if mortgage insurance
<br /> coverage (in the amount and for the period that Lender requims)provided by un insurer approved by Lender again becomes
<br /> available und is obUdned.Borrower shall pay the pmmiums required to mnintain mortgage insuatnce in effect.or to provide:i
<br /> loss reserve,until the requirement for martgage insuran�e ends in accorclance with any written ugreement between Borrower
<br /> and i.cnderor applicable law.
<br /> 9. Inspection. Lender or iu agent may make reasonable entries upon and inspections of the Property. Lender shnll
<br /> give Borrower notice at the time of or prior to nn inspection specifying reasanable cause for the inspection.
<br /> 10. Condemnation. The proceeds of:uiy award or cluim for�I:unuge,,din:ct or consequentinl,irt zonnection with any
<br /> Singte Family••Fynnk Mae/Fl�eddk Ffac UNIF'ORFi INSTRUM6N7'-•Unifomi Covcnants 9/90 (page 3 nJ 6 pagesl
<br /> crret latce swleeee vo�.�e.tnc.■
<br /> To Ordr C¢U:t�B00Cw949393 O FAIt 8167D1•1131
<br /> {f.�: _' .. -_ _. . - _ -_ , _'_�__' — , . . ' ��1c".{rn= _- 1 � _
<br /> ��r .. „ . . ' . ��1°'S�+Y , '� � • S��y�wY' , . - �--_
<br /> 3 .. . " , � �;' +� ����,v,a,r .L» x
<br />..��C . . - u " .�p r ;,'+t7�Y:%,?;. , � ' � �'t=::,`_—
<br /> ..-� ` . ., �' '�L•.�.',_-���k.'.Z�` 1`�[rt �' -_
<br />. t� - . . ^ r�._�h�}'s.�+v4��::�_�.:`.+.,' .. - . '.i.�.
<br /> •!ri ., ..�:f'- • �"=?'i-n' ''''�! '.�.' • . ".,."]��t
<br /> ,' „ . . , � , . :,c`i��''r,�•:�,�-�. :' �:� .. . •�.r'��,
<br /> . s''�,�!' - `t::.
<br /> � • .. . . � . . ��� .. "-,_ .
<br />- , ' - . r 1..�,. ' _
<br /> ., ;�',Y�_^ rS..1C.�:`r.�- - . e ir-
<br />- „ r 't': „ '�f`' _
<br /> ''! " `i'.� -'tlV.t1 i ,. ,�s-.-'.
<br />._ , �j .. . . .. , _f �I r:��.'+ •-•'i'41 t�!`�-.
<br /> �t . � , _ T� �1'.�.5�.�,;�;��.r-_-
<br /> . s ��..��:,�f�`�,°.�_
<br /> ;�• , •,��,, -
<br /> � , -
<br /> .�:'
<br /> �
<br /> � ' _ - ' ,t r�.- , ,.;�.:.,�:_.,.1
<br />
|