|
� �
<br /> , . . • ,.,;......�.-
<br /> . ��.,,;�::�-
<br /> . . . ' ' ..,.� " �'�'�"��;.
<br /> ,�,��n. ... . : , � . ,� ,�;r�;��. '.r"'.'a� ., � . .,r,�.�"'
<br /> a. ,:;.,: . . . . „ . .. .. ,-,.1 . . � ...��� e: ,;,:.� . . . . .. . , ..-----
<br /> -..�i�14�+.�..r�.. �tf�P+..r.., sr• . • .. . ., �.rl � r., ._�y'r ••1 i.- .: . . .�. ..rr . • t...- - �.. .,-
<br /> �`���I��, , � •� i t.� � 1 .� . .� . � �H .%�:���w�-��fr'.��,y.t�. ;. ..1,. .�♦ . .� �.7:.I.I[!�� +i 1 ti f -
<br /> 4f.n ..Y_C ..�;��',s�'t J�! � �I:A4'•f��..: ' _ _ ' , . ..�... . .s.. _ . , �.n . .�- r..�c�c---: .
<br /> _. '� 'r�. .. c �L-t"-' � . E% �ss : _�
<br />, . --�_� ..� .. . • . ..fii• ;c �4: .. .. � . . . ... ,�,7•�.Y'�ng'.
<br /> ,�,•r
<br /> ,� �..� .
<br /> i i.^,�
<br /> i . �. {� �� '� . . . . ` .'.
<br /> i
<br /> „� .. �� . �=--- — -_—= ----- __ ------ =_
<br />, . _ � ----- _
<br /> .. , �..�.�_ -.-_--°_— =— ��.��.�..�. ��.�,,.�.
<br /> . ..:� _ . . . . _ _ .. . , � �U9592 -
<br /> _,�,ti,, � 9T� �
<br /> �..�..
<br /> " , S. Hazard or �oi►erty Insurnnce. Borrower shall keep the Lnprovements uow existing or hereufter erected on the �''
<br /> _— Property Insured agaiust loss by�ire,ha=ards included wlthia the tetm "eateixled coverage" And any oWer hazarcls, includipg �
<br /> ��.
<br /> .°'�� floais or tlaoding, for which Leader requlces insurance.Thls fn�uaace shall be ruaiatained in thc+unouuts aud for the pedods �_
<br /> -._.�� tl�tt Lender requlres.The Insurance carrler providiag the ins�uance at�all be chosen by Borrower subject to Lender's approval F=.
<br /> � which shaU not be utu�easonably withheld. If Borrawer fails to mairitain coverage doscdbed above. I.ender uiay, at Lender's
<br /> -�.a:. opdon,obtain coverage to prauct I.ender's rights In the Pmperty in accordance with pataSraph 7.
<br /> �� p11 insurence policiag and renewale shall be acceptable to Lender and shall include a standard mortgage clause. Lender `
<br /> �';''`�,':. stwll l�ve the right W hold the policies and renewals.If Lender requires. Borrower sball promptly give to Lender all receipts of
<br />-��`=�-'"'`;'�'?� paid premiums and reaewal nodces.In tl►e eveat of loss,Barrower shall gtve pro�tpt nodce to the insurance carrter aad Lender.
<br /> --"�?� I.ender may make proof of loss if not ma�le promptly by Borrower.
<br />- �="j`�� Unless L,ender and Bonower athezwlse agree in wridn8,fns�rance proceeds shall be applied to restoradoa ar npair af the
<br /> ------ propett}r damAged, if the restoradon or npair Ia economically feasible and I.ender's saurity is not lessened.If the rescoradon or
<br /> -�� npatr is not xoaomically feaslble or L.end�r•s secarlty would be lessened,the IasurAnce pmceeds s1�11 be applled to the sums
<br />- ---� sec�red by this Sec:urity Iustt-uweAt�whethcr or not thea due, �vith aay excess paid to Barrower. If Borrower abaadons the _
<br /> ---'�._° ProlxrtY.or doea not answer within 30 days a nodce from I.�nder d�at the iasurance carrier has offered w se or to�'sums
<br /> _��i�� Lender taxy collect the iativraaco proceeds. Leader may nse the proceeds to repair or reston the ProP�rtY PAY
<br /> - - secured by this Seaurlty Instcwnettt,whether or not then due.The 3U-day pedod wi111x8in whea the mdce is glveu.
<br />.�:_,,,� Unless L.ender and Aorrower othenvlse agree in wddnB� �Y aPP�G►don of procads to principal shaU not extend or
<br />�'����_ posqwne the due date oF the monthly payments nferced to in paragraphs 1 au3 2 or chaage the acnount of the pAyments.If under
<br /> __�-w� paragrAph 21 die PropertY is u9u3ted by Lender, Borruwer's rlght w any insurance policies and proceeds resuldng from
<br /> -== damwge W the Property Prlor W the wcqulsidon shall pass to Lencler to the extent of the sums secured by tbis Securlty Instrument
<br /> �`°-�`_� immediately prlor to the acq�isidoa
<br /> —_ -_ - 6. OccupitncY.Presenwtion.Maintawnce and I'rotedion of the Propatpi Borrower's I.o�n Appifaitioni�Id�.
<br /> Borrower shall occupy,establ3sh, and use t1►e Prop�a�ty as Borcower's principal resldence vv�thia sfxty days aRer the execudon of
<br /> -- ti�i�Sa.-uiity I��au aad �!: tanliBUS tfl ccsngy Lhe Pro�r!y aa 8orrower's Q�inclpal resideacc for at least one yeAr after
<br /> _---- the date of occupnncy,unless�Lender othecwise agcees In wridng,which wnsent s1�aU not be u�easonably withheld�o:nnless
<br /> eat�nuAting circumstmc�s eaist wYich ue b�yond Borrower's control. Bonower shall not destroy, damxge or lmpair tLe
<br /> Property.Allow the Propeccy co deteriornte. or commit waste aa the Prnpercy. Borrower shall ba �n default if an,y forfeiWre
<br /> wcdon or pmceedln8,whether civil or crlminal,is begun tl�at in Lender's goad faith judgment wuld rativlt in forkihue of the
<br /> PropertY or othetwlse mauriaUy'smpair the lien creaud by th3s Sxurlry Insuument or Lender's sxurit3►Interest.Borrower*.a�y
<br /> cure evch�defnult and niastxte� as provtdod in paragraph 18,by caustng the acdon or procading to be disv�issed with a culln�
<br /> that,in Leuder's good faith deteiminadon. pcocludes forfeiture of the Bormwer's interest ia the Pmperty or other macerial
<br /> -- isnpairment of the liea cnated by tt�is Securlty Insmament or Lender's sxurity interest. Borrower sl�all also be in def+wlt If
<br /> Bonower,daring the loan�pplicadon process,gave materlally fuise or inaccurate infor.nadon or statements to Lender(or failed
<br /> to provIde Lender wlth any macerlal infom�adon)In connecdon with the loan evld�nced by the Note,includlag,but not limited
<br /> to,representatloas wncerning Bormwer's occupancy of the Prop�rty es a principal nsidence.If this Sxurity Insu'ument�S on A
<br /> le�sehold, Borrower shall comply with atl the provisIons of the la�se. If Borroaer acquirev fee dtle w the Pmpeny, the
<br /> leasehold�ad the fce dtle shall not merge unless Lender agras to the merger in wrtting.
<br /> 7.P'rotection of Lebder'e Riehts la the Propaty.If Borrower fails to perfoim the covenaats and agramente cnntatned in
<br /> this Securlty Iasm�ment�or there is a 1e8� P�nB that may s�gnificaudy affect Lencler's rlghts ia the ProPertY(s�ch�s A
<br /> procading in banlccuptcy,pmbau,for wndannadoa or forfeiwre or to enforce lstws or nguladons),tb.en Lendec m�y do�wd
<br /> pay for wLatever is nxsssa=y tv protece the value cf the Property aud Lencler's alghts in the Ptaperty. Lender's s►�dons may
<br />--= include pnying Qay sums secured by a lien which has pdorlty over tHis Secuciry Insuvtuent, appeuin8 in caurt� PaY�flB
<br /> reasonable attorneys'fees and entering on We Property to m�ke repaics. Althou$h Lender may teke acdon w�der this pusgraph
<br />,_.�.� 7.Lender dcxs nnt lu►ve to do so.
<br /> '-'�"° Any amonnts disbucs�d by Lender uader tlns paragraph 7 sball become addittonal debt of Borrower secural by this
<br /> - --�: Security Instrumen�Unless Borrower and Lender agree to other terms of payment,these amounts shaU bear interost from the
<br /> -v.,��. date of disbursement at the Note rate Aud s6a11 be payable, with interest� upon aodce fcom Lender to Borrower requesting
<br />������
<br />-;;�".��°�di� PaYmcnt.
<br />';`='���'" 8.Mort���e Il►SUranca If Lender required mortgage insurance as a condition of making�te loan secural by this Saurity
<br />'�._�„t.......,�F
<br /> �����'�� Insmunent, Borrower sball pay t�e pnmiums raiuired to roaintain the mortgage iasuzance in effect• If� for aay reason. e
<br /> '' ��"`�:; mortgage insuran+ce coverage requiced by I.ender Inpses or ceases to be In effect� Bomower shall pay the premiums required to
<br /> ;.;;.
<br />���:��,ra��'' . obtain wverage substandally equivnlent to We mortgage insurance previously in effxt. st a cost substandally equivalent to the
<br /> , . � cost to Borrower of the mong�.ge insvrance previausly In effect� from aa alteraate mortgage insurer approved by Leader. If
<br />_� �_ ., � ;, substantially equivatent mortgage insvrnnce cm+erage is not available,Bonower Shall pay to L.ender each month a sum equal co
<br /> _ one•twelfth of the yeacly mortqage Insusance premium beiag paid by Borrower when the insurance coverage lapsed or ceased to
<br /> �� be in effect. I.en3er wlll accepc, use and retain these puyments as a loss resen+e in lteu of mortgage insurance. T.oss nse�ve
<br /> ,,{�-- - Form 3o2a sl8o
<br /> w�� ...[1�
<br /> . . -,��-r�'- f�.BRiNE)ua�z�.oi a.o.a or e w�.r
<br /> f �ro
<br /> , ... .._ .._ _._.... . ,.. .�� -_�. ---- ------ - - -- -- - -
<br /> _.._ _.. ....__.. ., ...-_ -
<br />. �ao.v�+�roc;. � .�: -
<br /> „ , . .. . � ., _.-
<br /> � , ' "�,• ''
<br /> , �. . . ,�:�YS�t:..e���.a� •� • ,
<br /> i ; , .`. . .. .
<br /> � � ' � .. � �}�Y : � . . .t 1.,• .
<br /> . ��._v. .,� , ,�f�y.X��::�.��-. . .��.
<br /> . . ... . ..�
<br /> � �__�__ __
<br />
|