|
�: _. � .� . . __ �, _ _ _ �. ., ..,_
<br /> � -;i P�+:�xl�ti.�t:tia_' '' .. � ��i "� ,�2�i�'����A �,ir�ss�°�_x�.-...yn.twz�nr�a.�mn.z — __.
<br /> - - - r,��'.-r.�y� . �f ,t�. �y,�')Y� a"�. \..,., _ . .^^-`»,p"
<br /> .. _�Y��.:h�T - .•i'�'.',�.::i:,,,. - �..�.!' •
<br /> �� .
<br /> . '�YiY
<br /> '
<br /> �
<br /> ��
<br /> . . _.i��:.� ' 7 � . �rI�1ZSl�'�'� � .
<br /> .. ii "_ '.�i -
<br /> '.�
<br /> . � �'. . _�_'_�'._._.�."....:..........��..�.�
<br /> � ..+ri+�al� "�'` �nl.:.rvtr.. . . '. .. . ' .�-...._..._____..... ..
<br /> 9��� �,�S
<br /> . . ' � shall kee the im rovements now existing oT hereafte��c7ea o the
<br /> 'S. tl�d or Prop�Y ��• ��OWe� p p other haznrds, inctudinQ
<br /> '� . propertyr insured againat las�by fire,hazacda included wltbin the tetm "extendsd wverage" and any
<br /> �� floods or flooding,for which Lender requires insurnnce.Thia insurance shall be malntained in the amounts and for the pedods
<br /> that Lettder requires.The iasurance carder provtding thB iASUraace ahall be choaen by Borrower aubject co Lender's approvai _
<br /> Lender�uay
<br /> whtch shall aot be uareasausbly withheld. If Horrower fails to maintaiz►wverage descdbed above. . at Lender's :
<br /> . : optton.obta�n coverage to pro4ect Lender's rights in the Property in accordance with paraBraPh 7. �__-.-
<br /> - .. A11 iasurnnce poltcies as►d reneTvals shall be acceptable to Lender and shali include a atandard mortgage clausa. l.ender f:�..
<br /> �!=
<br /> ' • : shall have the right to holdthe policies and reaewals.If Lender requlres, Bomower shall proruptly givc to t.endet all receipts of o�_
<br /> paid premiums aad renewal aodces.Ia the event of loss.Borrower sha11 give pmmpt nodcc to the insurance carrler and Lendsr. e�,y-
<br /> �,t Lender may make proof oi loss!f not made pramptly by Barrower. lied to restoradon or repair of tha _="
<br /> , .;y,F�,:�; Unless Lender and]Bomower otherwise agree in wcitIng, inaurance pmceeds stiatl be aPP
<br /> . „..,:.�!' property damaged.if the restotatton or repair Is economically feasible and Lender's security ia aot lessened.If th�to Wei sums ���-_:.
<br />' repair is not erAnomically feasible or Lender's security would be lessened,tlie insurance proceeds shall be aPp =�
<br /> ; � ��by this Security Inatrument.whether or not then due.with az►y excesg paid to Borrower. If Borrower abandons the �_-
<br /> property.or daes not anawer within 30 days a uotice from Ixnder that the tnsurance carrier has offered to settlo to�a �sums
<br /> l.eader may collect the insurance Proce�cis. Lender may use the pmce�ds to repair or res[ore the Property P Y
<br /> � securnd by this Security Instnimont,whether or not then due.'fhe 30�day perlod will beBin when tha notice is givea. __
<br /> Unless L.ender and Borcower otherwise agree in wiiwng• as►Y 8PP��on of pmceeda to principal shall nat Bxtend or _
<br /> �� postpone the due date of the monthly payments refen+ed to in paragcaphs 1 and 2 or change the amount of the paymenta. [f
<br /> ,;:�,kL;: �. .
<br /> .... ' � under parageaph 21 the�'mgst►y is acqulred by Lender,Borrower s dght to any insuranca policies and pmceeds�insuwuent �°
<br /> ' ,:^_,:
<br /> damage w the Property Prlor w the acqulsition shall pass to I.ender to the eatent Qf the sums sec�ued by this Security
<br />_�., ,..;. � immediately prlor to the acquisidon.
<br /> �:`,.`, � 6.OccnpancY.Preservatton9 Mai�enance aud Prnie�on of the Propeity:Borrower's Loan Application:Ltt�seholds. _
<br /> ::``-:� as Barrower's prindpal resideace witLin skty days after the executton of
<br /> '`%:`;`' Borrower shall oocupy.establi�lt,and use the PmPertY
<br /> ., this Securl t y Instrument and shell continue to occupy the Property as Bonower's p r i n c i p a l r e sideace for at least one yeat after
<br /> :,,A the date of occupancy.unless Lender otherwise a8r�s in w��°8•which consent shall not be unreasonably withheld,or uniess
<br /> � extenuating cimumstances eaiat which are b�+ond Borrower's control. Borro Bo wer shall be ia�defaultgif anyo rfeiture
<br /> ' pc�PertY. ailow the Pcopercy to daeriomte. cu commit waste on the PmpPrtY• w_
<br /> ' action or pmc�inS,whether civil or crlminal.is begun that in Lender's�ood faittt judgment could resuit in forfaitune of the =
<br /> . :: .�'_ Property or otherwise maunally impair the lieu created by tliis Se�udty Insmiment or Lender's security interest.Borrower may
<br /> -= cure atck s defsuli a�d r?i��*aie,s9 osov[ded in para�raPh 18.by causing the aetton or proceedin8�o bs disaaissai with a tWing _
<br />-.,f^; ` . that, in Lender's good faith determinadon. Pre�ludes forfeiture of the Bormwer's intcrest in ci�e i-roycl*y ar ot8cr mstvzi�3
<br /> ' , � impairment of the lien aeated�by this Security Insuum�uut or i.ender's securlry interESt. Borrower shall also be in default if
<br /> li� i�f.l . ' �
<br /> -f"� :.��il.
<br /> ,�;,:,:;:;,,.. Borrower,during the loanapplicatlon process.Save materiatly false ar.inacc�rete infoimatlon or atatementa to L.e�u�er(or faile
<br />->^d�;::;�� � to provlde Leauter with any materiat information)in connection with_the loan ev�tdenced bY the Noie,including,but�ot limited_
<br />=�`'��`��-_.-- ;;� to�represeatations eonceml�g Bbrrower's occupancy of the Prol�eriY as a principal residenee.If tsis Se,eurtty Insuument ia oa,a .
<br />-.��''*. .�. leasehold. Bormwer shaU comply with a11 the provisioas of the lease. If Borrower acquires fee title to the Fraperty►.the
<br /> ,,..•�', ,..
<br /> 4�,�t r ' � leas�hold and the fee dde shaU not merge unless I.ender ag[ees to the merger in writing.
<br /> _ `...'. ?:.�` � If Borrower fails[o perform the wvenaats aad agreemannta conteined in
<br />_.••::;,k^ 7.Protedton ot Leader�Rights in the Property.
<br /> th;s Se�urity Inatmment�or there is a legal proceeding that may sigaiflcaatiy affect I�tader's rlghts in the Propgrty�(Suoh•as a
<br /> "•=' ," �'" proc�in8 in bankruPkY,Qmbate.for oondemnation or forfeiture or to enforce laws or reguladons),then Leader may do aad
<br /> Y`""��'�'� pay for whatever is neassary to Protect ihe value of the Property and Lender's rights in the Property.1�ender's actions may
<br /> �`-::: an sum+ secured bY a liea which has priortty over this Securlty Insuument. aPPe�rInB ia court, PaY�B
<br />-�:�:;�-�;y;�.. include paying Y
<br />�:�°:'������ reasonable attomeys'fea and entedng on the Propercy to lnake repairs.Atthough Lender may take acttoa uader this paragraph
<br />�:�;��;� 7,Lender does not tiave ro do so.
<br /> �;.;�:,�r,�-�;���. Any amounts disbursed by Ixuder uadet this paragraph 7 shall btcome addidonal debt af Borrower secut+�bg.thia
<br /> '�" '� Secudty Instrumen�Untess Borrower and I.ender agres to other terms of payaient. these amounta sha11 bear interast from�ttte,
<br />'r;.-.-f',r • with iatetest. upon aotice from Leaider to Bomowet requesting
<br /> -.- �-. date of disbursement ai the Note rate aad shall be payable,
<br />�-s��::; , —
<br /> -- �F�`� pe�g ortgpge L�uence.If Leader reqitired mortgage ins u r a n c e a s a o o n d i t i o n o f m a k i n g t he loaa secured b y this Stcudty
<br /> _:����_,�
<br /> :��;� Llauvment, Bosrower ahal]pay the pre�niuma requireil to maintain,the mortga8e insuraaoe in effeat. If, foi aay teuson. e
<br />��' mortgage iasurance ooverage required by�I.ender lapses or ceases to be in effect.Boirower sball pay the p�miums mquir�d�to
<br />�,s: ,w.-"' oiitain coverage shbstanriaUY o9ufvalent to the mortgage insurance prevlously in effect, at a cast substanttally a1ulvWent to the
<br /> �."`� .. cost w Borrower of tIIu mortgage insurance previously in effect,from an alternate mortgage insurer appmved by Leader. If _
<br />�:._,
<br /> t+..,. .. -..
<br /> "`'' � 'substaaaall valeat mon a e insurance coveraSe is aot available.Borrower shfill pay to Lender each month a sum eq to
<br /> �'�
<br /> -��., ��. Y� 8 S
<br /> i,:_:..: ' :
<br /> . . ; ,,� one-tweifth of the yearly mortgage insurance Prem�um be�°8 Paid by Bortower when the insurance coverage lapsed or w
<br /> ,:. .
<br />- " ;;,;:. be in effecx.Leader will accePt,use and retaiu these payments as a toss reserve in i{eu of morigage insuraace. ss reserve
<br />� ' Fortn 5028 9190 _
<br /> . � �* ��8R(Nq 19at��.os r.p.s a s mnmr. _
<br /> ,i m `�.f ;��;'i.� 4�'�.
<br /> •n
<br /> , , _
<br /> . ,
<br /> . . ,.
<br /> . . , _
<br /> . , ._ . . . . .
<br /> . . . . 7�'I
<br /> Y . :" tf.' , ' ,YX _
<br /> ' ' '�-'------ ---�--- - --.._. _----- --------- ----_____--�--" � ------- ,-___ ''L�.1 i3"i'�13,.ti ;5._�.�__ y.y� �
<br /> _ . �, ���
<br /> � � . s
<br /> ----;�:--��-- ---- —� ------ - — - - ------ --- - -- � _ , _
<br /> •:y i
<br /> � '�1 n
<br /> ` ` �' .
<br /> �rr-�:� .c. '"
<br /> �� ; I . ' � - i Y .!� • , ; .�� �.,.
<br /> . � 's � � _� '.�.�'
<br /> � ' . .� .. . � - � . .i, -.'�-:F+SF�'r.
<br /> _ , . . .. . . � .� ..y.. _
<br /> , , _ .;;�r�..
<br /> � - . � � � � - �i • , . .. �• '. . -� ��i:^�-
<br /> .. �. . • . - ' . , ` . � . . � . '.f:�t.�
<br /> . ' . ,` . - . .. ° Cy.y�-
<br /> .. . - . . • " " - •-_
<br />.. J _ � . . - � _ — _—_ ' ' '
<br /> _ '_'_ ' ' '___ .. _._ _" ' ' _ . .... . ""-. .:. .. . .' " -�_'�— ' ' '-
<br /> .
<br /> ._`_ •• " . .�.
<br /> .4_.
<br /> �__ _�—_ .� �,�_'__ .,_. _" ___ .... ._�
<br /> i , . .
<br /> ' � ...a.-� -_.._.. ,�._ "� __,.., .�-...�..._.._.:.."'__y' ' ' ___ ' - �._._....i....��
<br /> ....y...,...^. . --' .�---�—_-�_=.T_. :_.. ,._,-...� �:� . "_—_�^_..�- .. . ,�'•'-'Fr-^• , . . , - _ -?r ,
<br /> � • .. � .rr.
<br /> .� • ' �... - J. ,-���.` ,�__
<br />
|