|
. ....� 1 �fl •--'�- ..� ._ .. -:J��.
<br /> . _ . ... r.:'FK1A'�w_���_'u�-�___—
<br /> . 1�A. �. .- . / •. � �.Mr'�r;.�._^"7�MSS-�_
<br /> � _' �•F1,°:1 ,SMit��_.4 �p``��.}�yy�"FY.:}:zs�r. . . . . .�. . .�r�!_--_
<br /> ..111�'::L°,It?: . . ....'.`��. ".�.� :�.d��'.zt`jiA�^Yi.r'' . .. •�i�.:v:i— _ _ __
<br /> r� p�
<br />�•'�6� w, •.ja��: -_� — -
<br /> ' 'S.Hazard or Property Inauraace. Borrawer shall kecp tho irr►pr�vements now exilfAg or Hc3''�teE C���n thc Properiy
<br /> . insured agalnst loss by fire, hazards included wtttiin the term "extended coverage" and any other hazerds.including floods c;
<br /> tlooding,for whIch Lensier requires Insurnnce.This Instuance shall he meintained In the amounls and for the periods that Lender
<br /> requires.The insurance curder providIng the insurance shall bc chosen by Bonower subject to Lender's appraval which shall not
<br /> be unrcasonably withhcld. If Borrower fails w melntain wverage describcd abovc, L,cnder may, at Lendcr's opdon, obtain
<br /> coverago to protcct Lender's r�ghtv In the Properry in accordance wIth paregraph 7.
<br /> All insurtu�cc pollcics nnd renewnls shall bc acccpuable to L,cnder and shall lnclude a standard mortgagc clause.Lender shaU
<br /> hava the dght to hold the policics and renewals. If Lender requires,Borrower ahall prompdy gi�e to L.cndcr all recetpts of paid
<br /> premiums and renew�l nodces.In t�he event of loss,Bonrower shnll give prompt nodce to the insurance carder and L.ender.I.ender
<br /> may makc proof of lass if not made prompdy by Boaowcr. c
<br /> Unless Lender and Borrawer othcrw�so agre� in wridr►g,i�isurance proceeds shall be applled to restoradon or repatr of the
<br /> Property damnged,If tha resWradon or repair ls economically feasible and L.ender's securIry is not lessened.If the restoradon or
<br /> repair is not ecunomically feasiblo or Lender's security would lx lessened,the insurance proaeds shaU be applied w the sums
<br /> secured by this Se�urity Instrument, whether or not then due, with eny excess paid to Boaower. If aorrowsr abandons the
<br /> Property,or does not answer wtthin 30 days a nadce from Lender that the insuranco carrler has offered to setde a claim,then
<br /> Lender may collect the insurance proceeds.L.ender may use the proceuls to repair or restore the Property or w pay sums se�ured
<br /> by this Security Instrument,whethcr or not then duc.The 30-day pedod will begin when the notice is given.
<br /> Unless Lender and Borrower otherwlse agree in wridng.any ap�licadon of proceeds to prlricipal shall not extend or postpone
<br /> thn due date of the monthly payments referred w I.n paragraphs 1 and 2 or chanRe the amount of the payments.If under paragraph
<br /> 21 the Property is acquired by L.ender�Borrower's dght to any insurence policies and proceeds resultinng from damage to the
<br /> Property prior to the acqnisitlon shall pass to Lendet tn the extent of the sums secured by this Security Instrument immediauly
<br /> prIor to the acqaisidon.
<br /> 6.Occupancy,Preservation,Malntenance and Prutection of the Property; Borrower's Loan AppIIcation;Leaseholds.
<br /> Bonower shall occupy,establish,and use the Property a�Borrower's principal residence within sixry days after tho execution of
<br /> this Security Instrument und shall continue ta occupy the Property as Boaower's prIncipal residence for at least one year afcer the
<br /> date of occupancy. unless Lender othenvise agrees in wripng� which consent shall not be unreasonably withheld, or unless
<br /> extenuadng circumstances exist which ere beyond Bonower's control.Borrower shaU not destroy,demage or impair the Property,
<br /> allow the Property to detedorate, or commit waste on the Property. Boaower shall be in default if any forfeiture action or
<br /> proceeding,whether civil or criminal,is begun that in I.ender's goad faith judgment could result in forfeiwre of the Property or
<br /> otherwise matcrially impai.r the lien created by this Security Instrument or Lender's securlty interest Bomower may cure such a
<br /> default and reinstate,as provided in paragraph 18,by causing the acdon or proceedtng w be dismissed wlth a rnlin8 that.in
<br /> Lender's goad faith detem�inadon.precludes forfeiwre of the Boaower's interest in the Property or other materlal impairment of
<br /> the lien created bv this Securltv Instrunzent or l,endec's security interes�Borrower shall also be in default if Borrowes.during the
<br /> loan appHcadon process.gave matedally false or inaccurate informadon or statements to Lender(ar failed to provide Lender with
<br /> any material information) in connection with ttie loan avidenced by the Note, includ3ng. but not limited to, representadons
<br /> conceming Borrower's occupancy of the Proputy as a principal residence.If this Security Instrument is on a leasehold,Borrower
<br /> shall comply with all the provisians of the lease.If Borrowu acquires fee dtle to the Property.the leasehold end the fee title shaU
<br /> nat merge unless L,ender agrees to the merger ln writing.
<br /> 7.Protectton of Lender'a Rlghts In the Property. 1f Borrower fails to perform the covenants and agreemcnts contained in
<br /> this Security Instr�ment,or there is a legal proceeding Ihat may sign�cantly affect Lender's rights in the Property(such as a
<br /> proccedIng in bankcuptcy,probate,for condemnaaon or forfeiture or to enforce laws or regulgdons),ehen Lender may do and pay
<br /> for whatever is necessnry to protect the value of the Proper►y and Lender's dghts in the Propaty.Lenda'g acaons may include
<br /> payin$ any sums secared by a lien which has priority over this SecurIty Instrument,appeacing in court, paying reasonable
<br /> auomeys' fas and entezing on the Property to rnake repairs.Although Lender may take action under this paragraph 7.Lender
<br /> d�es not have to do so. .
<br /> Any amounts disbursed by Lertdet under this paragreph 7 shall become addidonal debt of Borrower secured by ihis Security
<br /> Ins�ment Unless Bonower and Lender agra w otha terms of payment,these amounts shell bear intecrst from the date of
<br /> disbursement at the Note rate and shall be payabl�.with interest,upon norice from I.ender to Bortower requesdng paymen�
<br /> 8.Mortgage Insuranca If Lender required morRgeg�insuraace as a wndidon of ineldng the loan sxured by this Securlty
<br /> I�strument, Borrowec shaU pay the pnmiums requlred W maintein the mortgage insurance in effect If.for any reason.the
<br /> mortgago insurance caverage required by L.ender lapses or ceases w be in effect,Borrower shall pay the premiums required to
<br /> obtain coverage substandally equivalent W the mongage insuranca provioosly In effect,at a wst substantielly equtvalent W the
<br /> cost to Borrt�wer of the mortgage insurance prevlously in effect,from an altemau mortgage insurec approved by Lendex. 'tf
<br /> substandally cquivalent mortgage insurance coverage is not available,Borrower shall pay to knder each month a sum equal W
<br /> one•tweffth of the yearly mortgage insurance premium being paid by Borrower when the iresura►►ce coverage lapsed or ceased to
<br /> be in eFfect L.ender wltl accep� use and retain these payments as a loss reserve in lieu of mortgage insurance.Loss resuve
<br /> Form 302a 01�0
<br /> �-ER(NE)�o�i�l.o� aao•a ot e inwau:
<br /> �
<br />=; __._ . . –__.._._._- _-- ,-��,;,�;:�a�— _,� � ��._�
<br />– . . �• - -a s
<br />_ . , a ���-�–�-- —
<br /> . . . _ r: _�iG.� .N� u J'.71+�;...� —
<br />._. - � . .. _ ...j.���: zi h8�iaf'�`-��-------
<br />_ .. t , ��{'��AAiN� —_ __
<br /> .
<br /> .
<br /> � '��`-`'�
<br /> .
<br /> .e.. ..• ."�SY"_ "_ 'i�"tl'�y`
<br /> .:.�
<br />— ___ __ _.___ . ...... ... ........ ._.__ .__ .__. __._.__.._.....__'.�. ._ W= _-
<br /> ;._�_.-..,. __",_..."'.____.__.__ ._.___.......... .... ...__ . _"__..__ _ _.__.__.'__. "- _
<br /> i,. . (V .. .i. �'`rY.ryr�Tv *��: .�'~ '1`�f{� •yY1+F�� � '�41��s�i{ .�. .
<br /> , � , .tit.�r.Y��i�.���"�`n '''h . �. Ili .x6��rr.j!�'u�v„-�-
<br /> � . . • . ''t•����b�*�;�4 .r• - . . .�,:�. •� '. -
<br /> •( i�. .. _ ' . . ., i�� -
<br /> -. , ' . �°� .. � .. . � .� { ' �.",ar�-��F'b�' � . S i�,., �_�...
<br /> � • . . . *T ��, `j, + � . . .-`--=---
<br />- " - - .'.t.-�'.� ���,j.r+�-. '. . � ��=`�_—
<br /> . � r' ._
<br /> rl. ,i�.. a'.j L, '.�'?ia i^__.
<br /> � . _ :;i��y- '��'`��-�.__
<br /> :`�. , ���+�t � r,.x�..',?'�'�-_-
<br /> :f . . . '�• -• .. .jwq�— �_ --
<br />� 3 �� ti+.l_f"Y.'s �'—
<br /> � . , �`•. ._���sr'�-'�
<br /> � - . . . .. ., .. . :PCYk��=;.�..
<br /> ' �t:
<br />
|