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' • . lr:. `i'.k <br /> --;:��"- ' ;'��: : 9�-�,�,��� -���£'=�� <br /> - �- <br /> V��c, . : t.`�.: . lk` . <br /> � �s'e:�... :. - . - ' <br /> - .. -- 4�i -' <br /> '�t�s.�����`��P: �-�~ <br /> -t r ; <br /> .:�Q.� . ��_ <br /> .��.�..i,.s;�.`..�', al zesidence for at least one ear after � <br /> - r,• .. .�- of this Secutity Insu�at aad shall ooatinue W aaupY tve ProPertY as Bornuwer's princip Y ;'•,-;�.:.- <br /> `�`'�_�:•i`�` the.date of oceupaacq,untas I.edder otherwtse agrees in arrltimg,u+hichconseat sball aot be anmasaaably witbhetd,or�tnless . � , <br /> r . � y ,, 1�[2[ 8 r-x... <br /> r{:. ex�g c� ex�whtch are 6eyond Boaowe�'s contml. Bo:mwer sUall noc de.ss�op. damage or �.:tQe �� <br /> � , <br /> i >�; ��f�OW t�8 P10�t0�IOTdter OI COIDIIIft W83I6 On E�Pta�2t19- <br /> Bomnwer s�be ia defauic if any forf'eitw�e � ..�, <br /> acuoa ar paac�eediags,a er civilor ceiminal,is beguu that in LendePs gnod faith jadgaieiu aould result�forfeiture of tke. . F� -.' <br /> pmpertq or ottieiwise materialf9 imPair tice I�en created by this Inst�um�t oz Ieader's secarity�nterest. Bormwer�ay <br /> ` 4 :` � wre such a defantt and tein.siate as pzovlded in paiagrapb 18.�g the ac�io�or Fr+oceedin8 co 6e dismissed with a niling' L` �'a �; <br /> u `� �:. ti�.m Le�der's gnod fa�th�ermination, Precludes forfawme of the Bcurowei'�interest in the Prbperty or othet mazerial � <br /> � .,� impairnaent of the Itta cmated by this Seattity Tnsu� or Leader's se�ritg iffiecest. B�wer sl�}also 6e m def�a?c if '".� ' : <br /> � �"; 7 s � . Borrower,dur�ng tlte toan applic�ion prncxss,gave�i a II y�fatse csr�a�aste informatlos��� to L�dsr�{ar�ed , ��'; <br /> , ._ to gmvide Ixader with a�r m a t e r l a t i n fom�ation) ia a�a a e c t� wi t h t h e l o a n e v t d e a c e d t►Y t i�`'i u o t�i a d u d a n g,but uot limif�d � �� }�;. <br /> �, ` to,repre.seotat�ons coaceming Scrmwer's accupaa�.t�f ttte Praperty as a prFacipal regidedce. ffthFs�.I�tmaem is on �: �� 4. <br />-,•..•� �:.�,�._;y.<i a teasehoM, Barrower shall coaq�ly�arith all the gru��stons af the Iease. If Sorrower acquires fee titte ta t]ie Propeity, the . <br /> ��—..,� ,�i-.;+i.; :t28SC�lQ�$�t$C�tIt1C S}181Z ffit II1CI$6 11D�CSS�dG[ agrees iD t�16'�2[ IQ Wfltt�$• ' 'k ;_ <br /> , - .,;,,;._u 7.YruEeetton of Leader's�in fhe Plnipsrty..If Bo:tuwer fa�s to perfonn the cave�anp aad�ts oontained � , <br /> } 4 :- �< ia.this Securit�+Wsaumcut. or there�s aiegal proceeding that waY signi�cantlYaffect Leader's aights in the ProPertY(suc�s as '. ,�. <br /> � _ � :� . � a pmc�ng ia b�+�ptcy.probate+f�t wndasmatioa or fozfeidue or w enforce iaws or regutations},tite�Q.e�sder may do aad .. '�n •• <br /> ri: �,r, �,:. . pay for wLatcwer is a�g.m prot�t tde valae of the Propertp�md Leader's rights ia t8e Piopeny. �iier's acdons may ;. f '; <br /> :: : inctude Paying anY su�s s�ed by a ken which has prtority•wer this Security t„�m�,+,�,t� app�n8�c�u#;.paying reasonable r <br /> . . :; � � . a t t o t a e p s'f e e s mm d e n t e ri u$o a t t h e•�?t m g e t t y to a�ake t'e Pairs. Although l.eader may take astian.aadec this�azagraph ?,Lender. ?a ?- <br /> ae <br /> � ; t��i- does not have w do so. = .�'` <br /> 'f� � �t �`. . qny mnnunts disbuised bg�eadeF uuder_Wis paragrdph 7 shall 6ecome•addit�oaal��ebt of Borrqwet.sectued�by thls �' <br /> �"��- . - Insuu�t. Ostless Baaawer aad Leadet �cee m aRher oerms of paymea�t,these amouats s!��r tnteiest froin ��..e; <br /> � ` '� ' � : ��of disbursemeui �,the Note rate aad ahall De payab2c,wtth interest,upoa uodce fmm Lead�w>tBorrower reiNesKng �s :,���. <br /> .���T _ , . . r!> ( �v - <br /> F � ,�� #; � '.,. :��• ' ` mo e lnsaraace as a condition of making c�i`g�secur�d by xhis <br /> �: Mortgege I�maace. If t.ender caqtdted �;� � <br /> s,t � Mort� g �aY � �� �' <br /> ' ,� , S�urity In�ment, Hortuwer�shall �y the ums to maintaia che martgage ins�sance in efFeet. ,fas xeas.on. <br /> ; a,'`,f -: ' the ` �us�uattce coverage by Lender lapses or oe�s to b e i n e f f e c e.B o r r a��PaY t h e p r e�n i i m a s � <br /> ,�, .G r�'', ,. II10�°G:� odsl in effect.at a cost su�lY equi�ai�e�n t�t O. ; �. ' <br /> to obtain.�nve�age subst�atiaUy a v��t.to the mortgage in�a�e�revi y <br /> . <br /> ,x.` � the cost W�Eoirawet Of ihe tnortgage iasncadCe P�eviousIy i1�C�t:from aa"a3temate m e u u�'�roved by I,eader. �-� � <br /> � valavt mortgage iasa�oe covera�e�s not availadle.Bnrma'iei sbaU pay�ea�''�ipnti��snm eqaat ,. <br /> ��r r -r' Ig811�Y.� ' - <br /> . ta oae�cwelfcb of the year murtgage i�rsurance �being paid by Bormwer whea the insnrance coverage lapseb or ceased� � <br /> ,,,i,.- ; :�r',.a>. : to be ia e�Pee�. I.eader w�ill �ept,n�se and reta�n�these paymeats_as a Ioss reserve i:►!I�of cuoicgage iastuaace. l.oss reserve �4 � <br /> � "`5 :T . ..FaY��no longer be��t�1,at tt�optian o�Leuder.lf mortgage iusutance covere�e m the amount and for the period ►_- �; <br /> " ' ` ' that Lender�u£[es) Pmvtd by an ins�uer appro�►ed b3►I:en�er agala Ueoomea svailab2e and is obtaine0. Bormwer sLall pay �� .: <br />�.��?.,:>��Y.,`::��:�%: . the preadumg reqnired to�maintain mongage insnrance in effect,.or w provide a lass reaerve.uatil the requireiment for unortgage. , E _� <br /> � .< .,�;`�'. � � �uurance ends in acxordance a+ith a»y wriaen ageemem,tietwea►.Borrower and Lender or applicable iaw. . __-_ — <br /> � ; ' .� � 9.'Inspeetion. Lender or its ageut may make reasonable enMes apon aad i n s,p�tlaas of the Property: Leader shalI . �— <br /> =-- -�� '-� � � ginre Born3icer�tice at the�me of or ps�or.w aa inspecdou �fY�B reasonable cause for ftte iASper,�oa: . <br /> - orn i er <br /> ` �" ?� � i�Cond�a�atton.7he pmckeds of aay awart or. for dmaages, direct ar canseqtteutial. ia connecRton wids��p . <br /> �.,:,...... . � condea�sion ar other talcing of enY Part of the Pmperty.os for coaveyance in tieu af cand�don, are kera6y ass��aod aad . <br /> , �',:�_,.,�' ' , ,::.. shall be p814 W L�de►::•.. . . . . . . . � <br /> : ", ., ,.• , �n the.eveat of a wtal takiag of.thg Pro�artY. the:Pmceeds sha13 be appUod to t'pe�sums se�at,a3 by.Wts'Securit�r . <br /> :. �.,:..� <br /> � �:t:: ;.:_.- �' � � �nswmeat,whether or not then dae.witb aay excess.paId w Bosro�wer: In the event of a pa�ttal ta�dag:of�FmPert�+in w�3c� <br /> `-'?``: ' :�:`� .�tLe fair markec'vatae ofti�e Pr�eny.immediatety before tt�e ta�g is equal to o: @r�.:the aiuount of the su�ms secvred <br /> : ,.� �" by this SetaultY ins�ent imutediateIY before tbe takiag.uNess�ormwer aud�a�vise�� ia arldn8,ttie•s�s� . . <br /> •,'� �`'� secured by tWs Secarit�Insflnnment ehaU be redticed by the �t pf We proceeds muld��;�by che fQlfowing fraction: (a) --_-- <br /> _,,. �a:.,`_ t���_ � � tfle wta] amo�t of the.sums securod immsdiateiq befare �taking,divtded by(b) the fair maricet.vz�u e of the Ptoperty _ -_ <br /> 4� �mauediat�ly befote ttie ta�ing. Auy balance shaU be P�d w Banowet. ta the eveat ot a partiai takiu�of Sx..�cepertY in wluch , � <br /> �: �' t he f a i r m�a t k e i v a l t i e o�Y h e A o p e rt y i m m e�a t e J y.t�e f o�t t e e t a&i n g t s I e s s t h a m t h e a m o u n t o f t h e s�r s��w re8 i�n a�atel y <br /> ! before tice.aakfng,uNess 8orrowet aad Ixnder.o9�eladse a�nse in writing ar untess sypi3cahle iaw ofh�!ise pmvtdeg, �he � , <br /> ... " �. Pruceeds s�l b e s II D�e�W t he s u m�s e c u t p d b Y t h�s S e r a u►t Y i r�i n t m e nt whet�r or not the sums are then 4ae. . �;, <br /> ' . ';;'�;;; Iithe Prog a ban don e d by B orrowet,or i f,a ft e r a o u a e b y L e p d E r t o B o m o w e t t b a t t II e a o n d e�n a o r o ff a���i a k e ��.: <br /> a R e r the dzte the no8ce ie vea.� : . �'>�. <br /> . � an award.os settle a�.for damages. Bormwer fails to se,s�wvA to L�de.r wiWim 30 days aRer gi ,. ,.�..-f f <br /> '�' ' �ender is authm�ed t�.�llect and ePD1Y�P��+��its aDdan.elther�reswratton or rep8dr of a1s�Pmpeny or:to the, � ,, _-. <br /> sums secaued bY this S�CUt1tY�► wheUeer or nOt then due. � � � ' ` <br /> `���•;, `:�-,': ;::,�� ' . , �Jatess Lend�and Bormw�r o t�e r w l se agee i n w i i t i ag.a n y a p l i c a t i o n o f p r o c�e Q s t o p r l n c I p a l shall aot eatead or ': -'��: <br /> Y ': �,(r.;� ;` �� postpone-tae due date of the ataulh9F�pa retemed co in pa��a�s I.aad 2 or cbauge the amouut of su�payme�ts: . ( <br /> ��ItD,,�ore�uwerNoi Released;F�cebyLeades Not a v�.Excenslon of�e�nue for�ayment or�on <br /> � ° � '; <br /> ;: . , . . . . � flf amot[izaQan.of the surn�secureQ by tUis�ry Iastnument�eaate�l b3►Lender to aay�x�or in iuteresc oY Bo�cou�r sAal2 ; <br /> : men ' <br /> .not operate to teleas�t�te liabiti of the ori Sosrower.ar Hoirower'a sas�:ssora�n 3ntemst. .l.ea�les,sba11 not 6e ceguired , �:�� ,;. <br /> � ' `;;",.�•.:ca comouence ��gs against �ay successor in�ntere�t ar rei�se eo'e�tead time for.p ,�r otheiwise abodifY <br /> � ' amortl�ation o thf e sums secured by this Serurtry ta�tivnment�hy reasun of any.demamd made��:oiigiaal Boirt�a+er or <br /> , � . . � Bortoaier's sucoessors la fafereat. Any.forbearance bY Lender in execclslag aay right or remedy s1�aU aos be a walver of or ..� <br /> .:. . ;.,', ..,( <br /> . . � precfude the exetclse of any right or remedy. . . '-: <br /> ' `r ' I2, Successors and Assi�ne Boimd:Jolnt antl 8everal Liability;Co-slSuere•. T6e covenants apd agreeatents of tWs <br /> °' �•�` � Security Tasttument shaU bind aaA beaeSt the snocessais mad assigas of Lender and Borrawer. sub9ea co the provisions of �:,�' : <br /> - - -. ."-:-`� pyragra�b.17. Bomowes's covenaats and a stiall be Jb3ne aa�several. �An}+Borrower, w�fo casigis thia Seivrity� <br /> .,:•r`.,�:; ,: �,:, <br /> Tast�umeat bui d�nnt�te the Note: a) �a c¢slgning thls Seaulry lnstrumeat only�to mortgage. gr�t and conyey that , <br /> . Bornower's interest in t�e FroPeitY uadet the temts of ttils S�nrity]nswa�ent. (b)is IIat persanally obligate0 to pay she sums <br /> . ,°� ;•�. , '`' securd by thla Se�nrlry tastnimeni; aad(c)agrees.that Lender aad any other Borrawer may agee to extend.mod�fy,forbear � ����: <br /> :�+`. or make aay acoaaoncmdadaas with regaM w the teims of this Securlty lnsau:neat or the Note without that Bosrower a consen� � <br /> ����������. ,;`: � 13.LoanCharg�.IfthetoansecuredbythisSecuritylnsWmentissubjaCEtoatawwhicbsets�xitmuutoancharge�. � ''.,`,; <br /> ' ; S .and that law�S flaally lnteiprretee sa that the lntereat o�other loan�� or y��lleae�l9n crnmecttoa witH che <br /> _ '�, ' p 1atelaSo� � ,. <br /> •:.'r,i� • 8otm 3QJ8 9I90 � <br /> .; �p�p.Si�e B�r-Saaeis Mael�red�e Mac iFNlPUAMINSiB� � 01196 <br /> . �a�s <br /> .���: '�. <br /> ,;� ;. . <br /> : �:.:� . <br /> .. ,. ,�--�� <br /> _ �-. •, <br /> „ , . . _ <br />