|
. r.r : ..:.. ..� �.q'�'
<br /> ..::
<br /> i:'_...... .. 4 � ' . . . ' -r{.9j,�^'�`.,.,,.,.��- ._. E- .<� t _ £,
<br /> .t r . v � . . . _ . _ ... ��. - :`S --- - -_�-" -- (`: ��,�'- - rt-- �.
<br /> - �,,_� - . .i,'' _ . -.',t" .i_ � .� c �`�1; - G„ z<
<br /> _f ' {j '. ' _ ' ''" . . (. .�i..� . _" t�' _ - .`-�.--.
<br /> , .. t �:f� ' � � . . � _ t ��. . 'i` . � , � .. �.. ,� -t - �'� r A
<br /> � Cl •ci: `r• � _. . ` e ' _ - �'-' � ' -
<br /> .. , . , . . . . . y . . `. .L , r. � . .; . .
<br /> . . • _ ..'% . -'i.. , . � - .. i ' t � . .
<br /> . . ' . . ,�'' .. . - ,s-_ . ; y ' .�t ., :C.. . ..
<br /> ; . � . ' !'-. .. ` c .�, � . _ .. - . � ( ' . � •. .. ' . .. <,,� ' ' � <
<br /> . �F �� .. .� .. � � F� . . ` ' . .. . .�• , . t " ' ' . � • ' ° ' t L' . '4.. , C ,c < . .
<br /> `4.t . . � . .' ' " C ' _`� � " �
<br /> t:r . � .
<br /> < <'•
<br /> �. ♦
<br /> .' S'.
<br />.�;V�' _ 3 . ��� �!��� �,-� �.
<br /> rr� `�
<br /> � � Boaawer sba11 Ic�P the imProvemenrs now e��»�g os on the �" . ��
<br /> � . : 5. I�mrd or tka�ty Insiu�nce. within the term'exteaded coverage'and anl+other bar.ards, includi�sg
<br /> , . pmpc�ty insuced against Ioss by ftre,ha7ards inctade+l -
<br /> > `: �! for which I�nder reqnizes in.�?..*p*+�.This insucance shall be mainrained'm the amounts and for the petiiods �y� . ,
<br /> flaods ar floading,
<br /> t- :_--'�; ihat l,e�er requi�es.The insurance�er providing the insuranee shall be chosen fsy Bormwer subje�x to Lender's appmval .
<br /> - . - - which shaA not be uateasoaabIy►withhetd.If Baaa�s+er fails to maintaia ca�ecage descn'bed a6ove, Lxa�dec may.at Lender's --_-
<br /> �°�:�; ,�. m accordance vitth pazagaPh�• `. ��
<br /> . °. optFon,obtaia wverage to protecc l.ender's rl g W s in the Pcog�atY' .
<br /> .` " , AII msuran�e Poll�es and tenewals sbail be ascePtab2e W Ixader aad sbaU inclnde a staudard mortgage clanse.Iender
<br /> � ��f Bormwer shan prompuy give w Lenaer au�eiprs of
<br /> - � ` � shall have the Yight to hold the palictes and reneaials-If Le�det iequi:es. sh
<br /> I catrier and Leader.
<br /> � � paid premi�ns and ieaewa!aotic�s.Ia the eveat of la4s,Botmv�er sheII give pmmpt notice to the insuzanoe
<br /> . t • `. Lendss maY ma�e F'o�f of loss if not made promptt}►try Borroarer.
<br /> � � . '�' Unless Ixnder and Boaower ot�e�csrise agcee in writmS,i�s�Pro�sball be applced w reso�ISUOn oz�a�of d�e ..
<br /> . . � .�' �tOPertY damaged•if the ne,storatifln or repair ia ecoaamicaltY feaslbie and Lendds�uitY is aoi iessened.If the iesoosanoa or
<br /> tepair is not a:onamicallY feaa�l2 or I�nder's sec�ity won]d be 1�.the in.s�aaaca gtnc�ds sball be appiied L�the sums
<br /> s�by this Seanity lnstnnm�at,whet�er or aat then du�,wlth aa�►exc�s Paid to�ormwer. If Boiraaver a"�!3ons the
<br /> Rt �
<br /> - ptoperty,or daes not answer wttlua 30 days a noticx fcam Lender that tt��caaier has off�red to s�tte a k.:nim,then -
<br /> `,. ... : I�der may eolieet the insutaace Pmc�e�ls. I.�der a�► ase the Pmo�ds���r or teswrr dis Rropeny,or ta PaY� ..��;`
<br /> , �.��. �,, ��:4 se��.y►this S�itY�,whet�er or�ot the�dne.The 30day pe.�ad wI11 begin.�th��is given.' � �.`;
<br /> ' �ess I.ender aad Bonuwrer othecwise agc+ee in wridng. anY $PP�Oa of pr�dt to prtncipal shari�s�atend or
<br /> . '. '�w_-�`�; P��P�the due daze of ihe mamlilY Payments�efeaed:W in pa�agraphs 1 aad 2 or dr.�gt the a�otmt of the p�3ue�s.If
<br /> � ' ondee paiagraph 21 the PropertY is acquir�d 1sY I�er•Boaoaer's rlght to mry insuraao�L�slisfes aud Ps�g r��S from
<br /> ; "��,:` on sbaU pass w Lendes to the extent of the s�aes s��this S�rItY Ias�ame� ..` .
<br /> . damage w the ProPen3►Priar to the acqaisid , �� -
<br /> � � ��Y P�r to the acqnisition. Le�settulds.
<br /> _ .�: _�,,.- 6,Ocaopanc9,�t+es�v�Om.A7siateaanee amd Peotectton of the Pe+opert9:Bosr�wes's Losss�ipp�a:�� ,.
<br /> -.- - Boaower shall occuPY.esmblisb.aad use the PcopertY as Bos�we�s principat iesidence withm si�►daqs . -----.
<br /> : this SEru�itY�nsuument aud shalt ooatiaue to oa�upy the Proge.rty as Bormwer's prtnclpal resid�ce for�t fr�t c•�c peaz afteE .
<br /> '� nsuumen , ��n, or unl� .
<br /> �, the date of ae�cnpaaaY.aaless Lender otheztvise agrees ia wdting,wh�ch cansem sbaU not be m*�.--.�• '':
<br /> ,:�',°� � ��eaist wLich aze befuad Bouower's oo�ol. Bortower sLaU aat deste�pt��mage az �air t?� s:.�,..y.
<br /> ' : ,� � Prog�¢sy,ailow the Qrnperty to deterlor�e,or wmm�t wa�e on the PmpertY.Ba�rrower sball be�+3efanit if as8 fa�."e ;.=��-.
<br /> ..:.i;,;;.-: � ,'' arx��or proceediag,a+hether civ�as criminal,is beg�m t�tn I.ender's gaod faitb judgment cen2d�It in far�ita�e of the --
<br /> "�"'j�" Pmperty or othetwIse marer3a11Y imPair the l�en created 03►tlds Sewrity Ins�mmeat or Leada's se�auiry i�ttetes�Bo�mw�may .":`,_.:
<br /> core sarL a defaolt and re�state.as pmvided im para$taph 18.EY causing t�acdon az proceed'mg to be dismissed wUh a mliag -,�-.
<br /> • ia Lender's gaod faith d ++a on, Precludw forfeiture of the B'a�rmwer's inter�st ia the Pmperty or othar ma2erlal �" ��r-.:
<br /> t�. , i__`.�—.
<br /> : ` � . �p�rment of the lien creaced bS►t1�a S�a�sitY Insuument or Lender s seauity�tere.st- Bormwer sbali also be in dcfmilt if E..`;i:_
<br /> � Bumuwer.during the lo�applicatioa prnoess.gave mater3alty false or iaaecurate informatioa or statem�ta w Lend�r(or faile� F•::--=:,.
<br /> �' �. � . w pmvide Lender with aay mate�ial�afora►ation)ia oonnec�ton with the loan evIdeneed bY the Note.Incladfia8+bat not limit�d t:�'_,.,:
<br /> to,reA�ntanoaa concemiag Borrower's occ�paas.y of the Progetry as a principal resideaoe.If this SecauIry�is aa a �""-'¢°
<br /> � ` teaaehold, 8oirower shall comply with a11 t�e pravIsIons of the lease. If Borrower acqaires fee 'rr�le w the Praperty.ffie
<br /> ����i�
<br /> . . . ',�? leas�auld and the fee tItle sbaU not merge antess Lender aStees w tfle merger ia writing. _
<br /> Z:Ft+ot¢�tca�Lead�s Aights tn the Prnpe�4y.If Boirower faila to perform the coveaanta�td�eo�alned�a �..:�
<br /> ena ta
<br /> .. thia SeauIty Iasu�.ar the�is a legal pzeoe�ding t b a t maY si�uifu�1Y aff�t I�der's r i g b�t s in the Ptoperty(sach as a �` -
<br />: ; pnuceedia8 ia b�.'��►.probaze.for oonde�on or forfeituce os m c�rce laws oi regtilaSaas).then Le�der may do and � .•,:•;-.
<br /> �.:!'� , � � � pay for whatever is aecessatY w Pmt�t t�.'�SL:e of the Property and L�uder's rig�ts in the Pc�perty.l.eader's acdons maq -
<br /> ' .. . ' include P�8�Y � secused by.a lien whica� has priority over this Security Iasuameat. appeazin8 in c�t. PayjaB
<br /> . reasonable attomeys'fees aad enr�ing oa the Pmperty w maltee repaira.Although Lender may take xa�fln nnder this P�h .
<br /> , . ' .�-:; 7,l,ender does not have w do s�.
<br /> .. Any amoun�disbvzsed by I�ender m�er tLis paragraph 7 sball 6ecome addiHonal debt oY Eo:mwer seruced.Dy this ..
<br />� ,.. � � � ge�ityr Insuume�Y. UnIess Bfl:rower and�rsr.der agcee to othet terms of payment,these amoaa�s�aU beas i�erest fmm the
<br /> • , d�e c�Y disbursement at the N�s~�.e aad:y:aU be payrable.with mte�st,upon not�oe from Le�d�W BOaoa►er teqnesd�8
<br /> ' ` f . .: �'�t• � mort e�az as a condidon of maldng tite toaa seattod hys a�is Sec�ity► .
<br /> � � ��= 8.Mort�ge Ia,''m$nce.L.�endet require0 SaS � �.�
<br /> - . � Insaument, Bomnwe:shaU pa�rhe Premiums��to matntaia the mortgage ins�uancx in effect. tf.fo:att�r nasan,t2te
<br /> � ' . � acortgage insuraac�e caverage reqaire�b3►L�ader lapses or ceases to be ia effeet.Bomowet shall pay the preminms teqaind w .
<br /> . � ',�z obr�a coverage subst�atially eqaivalent to the mo:tgage�oe prevlously�n effe�t.at a cost snbstantially equivaleut to the
<br /> . cc� .a Bomawer of the mortg�e insurance previously in effect, from an altrmate montgage insatet approved by l.eader. If
<br /> ,� sa�stantialty eguivatent m�tgage insu:aace caverage is not availab2e.Bmmwer shall pay to Lendes each manth a sn�a equal w ,
<br />.i. ' � aae-twelfth of the yeariY��8s�D���Oazd�3►Bormwer ahen the insuiauce aoverage lapsed or ceased w
<br /> - " ,� De in effect.I.ender arill acoept,use and reta�n these payments as a lass resetve in lieu o!atortg�e iasmaace. Lflss reserve '�
<br />- " ' . ? �nsaae �o � .
<br /> . <: �-f3AtNE1�n+aw� o.co a w e
<br /> ' — . � -- . - , : •- . ;- . ,
<br /> . . ' - . . ' •. �. ,`' _
<br /> ; i • . . . „ • . . . � . . . ' . • � � ', '
<br /> �� � • . , � � . • ,. . � , . . � . � .
<br /> ., • . - . . : . q, . ,_,,
<br />- , � - — .... . .. _.. . . � _ _ ���+;Yc=�______ °__ = _--..
<br />
|