|
�x:--e'"`�� 3".,...:,�..: �,r.-;� es-k'- _�.•- :a::--...-�...�..�.� -"a--'`ts'�=_'�' _ ��}`���� `s��•,�'r� -
<br /> .: . < y - •� .,�,-
<br /> . . . - : . u--
<br /> _�....r- —'�""' _ '� c—_ 1Y -
<br /> _ _ `,� .``.— ..�___ ` < _. ._ _ � . i : . F�..r `.-_� � 2 r .t`l. <_. 4 i .
<br /> t, 1� `6 � - i .r,�. � ..fi 2 ,t -}r� wy, . T .'r d. � � . ..-�. .� p�Y�+� � `.
<br /> .� .:�f`�r,..: ....-.'� �c �4.,. L .. 5 . .� � . � : _.� V `�- t 5,v.. .�.c.� ' }. .' s�—c it.
<br /> . .� �' f < \ �' �� � Js;E �i�. :.iF X� }� .a . .ma -�:
<br /> -y; � �^�� ,rli-' ' ' �.r&, . o`. _< f `. ` --� "Y'. „ .k',.r :�y� .
<br /> . ): -y rJ'� ` �? �.r: `EG' ,`' -�. . 4_ . � ,`�( -� y, �' q_ `1•
<br />- ,.i `V � t h 4 . 1 � ' �, ��u.- . ! `. Sf r . '
<br />. . . . � � .. "t� .. -�, .0"ct,� . .�w' } ' < -t. �([ t f ['�, •t i: `�` .• , 4 L � ., ,.
<br /> _ .` ,':4. ;; t. `_ �i� tif '4� 0 . -.r :4- �r..� , -�r' .l: `' t4 � r.4 °� ; 6 �.
<br /> •r �� ' � `_ '�a R !t (: ,y .. _ �i' .. .S. �`��- 7 :;y� , t�.g
<br /> �� ' ��Yti' .r .� �t` ,i,'ti. •�°' � s, . �� � •_
<br /> r, t �q/� ��
<br /> `} ,. .. ._. _ ., ' ��MA�� � � l
<br /> ;� o ` ��� or 6ereafter erected nu the ��� 's
<br /> �'��'"..` ��. ' ' S. Ha�rd.or Pcopeti49 �ce. Borrower shaU &e�the imisi'+�Yemens� now existing
<br /> . .,^ . the term "exteaded coverage" and any other ha7ards,inctuding .�
<br />- r , progerty ins�red againsi loss by firc.ha2ards inciad�wit�in �����the amounts and for the periuds `Q(
<br /> `` g fOf Whi�I.CAdCI I2gu1i¢,S�^�mnce.111is inS�`�� `�"`" .
<br /> - Qaods or ttaadin , c the iasu�moe shall be choseri by Borrower snbjeci to iznder's approva� —
<br /> . ^ - thai Lender requues.Ttie insurance camer Pr°Y� ' '
<br /> �which shalt aot He anreasonablg withheld. If Botrower fails to maiatain coverage described a�ove..L,e�der may.at L,ender's
<br /> �•J agtion.bbtain toveragc to prot�Lender's rights in the ProPertY in acoordance wtth pureg�a�h 7. _ -
<br /> _—` � :•�`� All Insivance policies and renewals sl�mll 6e acceptair2e to Lender�d slta!!insltide a star►dacd mort�clause. I.ender -'
<br /> ,:. ,j ve to fi.ender aU receipts of �;.
<br /> — sbaII t+ave the right to hoid the polici�and renewals.If Lender mquiiies.8ortower tshalt p��yinsurance carrier aad i.ender.
<br /> a�
<br /> �� paid premiums and renewal notises.In the event af toss,
<br /> Bosrower shall gi�e prom� �
<br /> � . ` ���- Lender may make psaof of loss if not made pmmptt3+isY Sorrower. mceeds shaU 6e applied w iestorarioa or cepair of she , '=
<br /> a in.writiag,insarance P ';;,
<br /> . . '_ . :- Untess I.ender an�Borrower at�erwiss gree
<br /> . ` , :�..:;'' ProPertY damaged,if the:eswration os repair is eoauomically feas�le and Lender's security is not tessened.If the restoiatina or ; �.E q,
<br /> F�. -Y, repair is not econouucally feasi6Ie or I r e n d e r's seam t l►woutd be 1e,�sened,tiie insL•�rc�pmceeds shaii be appl�e�to the somS :s
<br /> < .: �-
<br /> ; ,r` i�` s�by�his Serurity Inscrumeat, wS�ether or not then dae,wrth an3+excess paid to Borrower. If Barrower�baudans the r _
<br /> ,:.,,�� , ,s. :
<br /> ;,.:��.. •,_ 4: pmPertY.ar does nut ansarer within 30 days a afltice fr�Lender tbat the insutance can'ier has offered to seule a claim,th�n . .�_ ._;
<br /> `� ' L'�ad�ma use the praceeds w repair or restore the Propeaty or u►PaY snms � -.5.�
<br /> ` : I.rnder a�aY colled the insuranse pruceeds. Y whea the m�t�ce is given. '" ���r
<br /> ° `.' •s�u�e�d by this Secartity Insuument,wuether or nat then due.Tlse 30�day period anll begin ... .
<br /> .< ?f a kcxtion of proceeds to princiPal shal� not extend ox :;°;;'.
<br /> m writing, ar►Y PP�
<br /> . � ,; sf Unless Leader and Barrower athe�+i��to in pazagraghs 1 ana 2 or c6aage the amnunt of the payments. If 4'
<br /> _ postpone the due date of the momhlp PaY1°b Lender,Bormwer's rightto any insurance policies and p�ro.�����t � -:�•-
<br /> und�r paragcaph 2�the FmPertY is acq�� y •.
<br /> ._. ... _ . _.:;._`•'`'_�; .�$�age to the Propetry prior to the acquisition shalf pass to.Leader w the extent of.th�sUms secuaed by LY. �-_._-_�
<br /> � � ' �tY Prior to the acquisitian: ��
<br /> � �''�' 6.Ocwpautq,Preservatian,Mainteua�ce and Frutecttom of the Ptopert9;Borrowe�s Loan Applit&tiop;Leaseholds.
<br /> ' •�:;�; ,' :;';�: Borrawer shaU arcupy,establish,and use the ProPertY 2s Borrower's grincipal resideuce within sixtY daYs after the ex�on of ; ','.
<br />� �� , tiu;proporty as Rorrower's principal 'residence for at least one year after . .:�;"�
<br /> - �;;'.,.�:..,..r:,.?�'. this Secucit}'I�spu�ent and shaA continue w ucx�upY �• ---
<br /> - '�w , ::•3 the date of accupancY,miless Lender aiheswise agrees ia writing,whish consait shal]aot 6e u�easoaably withheld.or antess , -:��:�_�
<br /> �:���.; � ..�'; extenuadng circmnstances exist wlnch are bey►ond Boaower's coatrol. Borrower sttall nat dest�ay.�damage or.impair the :�°..:`;;-
<br /> .. .'•:;� •;, �roperty,,a12ow the propertY to d�teriorate,or commit waste.on the Proper(Y. Bomower sha11 be en defanit if any forfeituxe <� ;';_-_
<br /> '. �''�' .�,:�?'i acxion ar pr a c e e d i ng.w h e t h e r civil or crinilual,is begun tliat in Lender's gnod faitl�judgment cantd sesult in forfeimre of the :C ::�_::.-
<br /> interesc:Barrower tnay �.,
<br /> �.. ,�.;�:;::t,. • '.Y Property or othesarise materially impa�r tbe Uen created by tbis S�c,vrltY Ia�nsment oX Lender's secarity =; ..�l:
<br /> , ,�`:� � cu1'e�ch a default aad reinstate,as provided in paraSraPh 18,by causin8 the acdon or proceeding to be dismissed ariW a mling '
<br /> • or ather material �.-=r-=
<br /> � .. • tba� In Lender's good faitl�determis�ation� Pre�ludes forfeiwre of the Ba�uwers iuterest in w���o be in default if ,. '+��-='�
<br /> �.. ..� :. � --
<br /> `_�{.:::' impairment of the liea cteate�bY this Securlt5+Inssrum.°�t or E.ender's�eauity Interest. otro ` ^,::'__
<br />_�' ;. . *�� �
<br /> _.. �� ,Borrower.during the loan application pracess,gave materially€aise or ic�accarate inforn�ation or statemeata to Lender(or faited __,:
<br /> is • , - _-j-
<br /> �.:. .�':,.�� , . ��:d ta provide I.ender witb any material infam�atian)in co�^�on.with�a oan evid�eaced bnce.If this Seanity Insbuument is o� c '��'-
<br /> �. �`• ',:•.,s t o,r e P r e s e a t a t i o n s c a n e e r�d n g Borrower's oocupancy of the Piroperty P��P � ' -=
<br /> u...;: - =. ��'.? � leacehoW, Bnrrower shall comPlY with �11 the provisions of the lease. I f.Borrower acq u ires f e e t i d e ro t h e P r o p e rt Y, t h e � , .._
<br /> •'�.�� �� � � leasehofd and the fes tifle shall not merge unless Lender agrrzs to the merger in writin8• y
<br /> . . . . � � If Borrower fails to perfornt the wveaants and ageements contaiaed in � ��=-.F-`-:`
<br /> � ' : �:�; 7.Protertion of Lender's Rtghts in the Progerty �
<br /> �this Secarity instrument,or there is a legal praceeding that may sigaificantlg affeci Ixnder's rights u►the PropertY(such as a . i4 :_
<br /> ?;- '�. �. ' ' �� pTaoe�in�,in banlcru�r,cy,probate.for condenanation or forfeiture or to enforce laws or regutations),then I.emder may do and �___�
<br /> �- � � -" • pay for whatever is necessary to protect the valne of the Pcoperty aad 1�nder's sighu in the Property. I.ender's actinns may `�
<br /> �-';: sutns secu�ed Ly a iien which has prtority over this Saurity lnstnunent, aPgeazin$ in court. PaY�ffi I�' `:._:
<br /> ��;: -" .. . [nciude PaYinS a�►Y
<br /> reason•�ie attumsys',fees and entering on the Property to make repairs.Although Leader may take actiam under this e,assgraPh ��.�"'„-
<br /> � ' . � ` "' 7.Lender does not�have to do so. �
<br /> ` ' • Any amoants disbmaed by Lender under ttus paragraph 7 sha11 become additional debt of Borrower seeured by this �f�' '�_�
<br /> , r t� -v'-=
<br /> ;T • � , . ,...' S���y I�wment,Unless Bonower and Lender agree to other tertns of payment.these amounts shall bear ititerest from the , ,
<br /> 'a�� date of disbucsement at the Note rate and shsill be payable, with interest. upon notice from Lender to Borrower requesting � >:�
<br /> �.. ; . . I�;'.��:
<br /> :- _. ... ' � ��.� payment. . �-:,__�
<br /> "�r�. . 8.Mortgage Insurance.FF�der required martgage insurance as a wnditton of maEcing the toan secured by tt►is Secvrity F�.•._
<br /> � � `., Ins4nunent.Borrower shall pay the�premiums required ta maintain the mortgage insurance in effect. If, fos any re�asan, the r ; .�-.
<br /> +.;- . • • •. ', mortgage insutance coverage required by Lender Iapses cn ceases to be in effect,Borrovier shall pay the prets�iums requirec!to' ; �. ;:,,
<br /> ' '� � obtain coverage substandally equivalent to the mortgage insurance previously in effect,at a cost substantially equivalent to the {';`•�•r:•
<br /> � ',! cost to Borrawer of the�nortgage insurance previo�sly in effect, fmm an altemat�mortgage insurer approved by Lender. if �
<br /> � +';i,;.:�.�,:•� • '. substaz�ially equivsilent mortgage insurance caverage is not available.Borrowec shall pay to Lender each month a�n eqnal w q ° '
<br /> � ''� one-twelfth of the yearly mortgage insurance premium being paid by Borroa+er when the insurance coverage lapsed.er ceased to ;
<br /> � � ,'1 be in effect.Lender will accept.use and retain these Qayments as a loss reserve in lieu of mortgage iasurance• Loss reserve • � ,��..
<br /> • . � � . ; � Form 3028 9f90 : �. .
<br /> �.• . t
<br /> . . •'f• vaov�oI s �
<br /> .. � �� •�
<br /> `;�' . , ':. . ' �
<br /> . '. . . . . _ .. .
<br /> ,, �. . . � . . ` ' .. , � � , :. ., ' ' '_`i • : - ' .. �. . ' . �
<br /> . . . . . '. . .. _ ` . . . . . _ - . . ` . . . ._ .. . ..
<br /> t . �� . .
<br /> ' �'. � , `:
<br /> , - - - . .. . . . : ' � � — - � - - - '
<br /> 1 .:. . ' . ' ..' � ' .. .' . � . �:• . . � . .. .. . . ' ' 4 _
<br /> ' � .. ' - .. '� . . . ' .. .. . . . ' . . . . 7.5 . .
<br /> . . . . . . _. . . . . . .
<br /> , , . . . . . . . . .
<br /> . . . � . . . . • � .
<br /> . . . .. .
<br /> , .
<br /> -' -'1�_ - '. _ _ "_. ....__. .. __._ _ ._ __. _ _ _ _ _
<br /> -..:-_-- _.._�_ "_.— "_.'__�.. _ _ _ %_ "_ _ _ . "' .
<br /> _____— --- _._._- _ .___ _- _ _ __... —.—__. __—__ ____—.. __- ._. . ____-- — _ _
<br /> . ,.
<br /> .
<br />. .- � .. ..- .: _ . . . . .... . . _ '.�- . .."...' .
<br /> . •
<br /> .
<br /> . _.__
<br /> ,
<br /> . . • t
<br /> ' � . , ` � , . � . . � • � • � . . . .. ' �, ' . � . ' " 4.^ � �... • ..
<br /> � '�..---�----;.�.._._...-:---�--�--�---��. � y.z. .. — ---�•—,-,..— - ..�.,_..�..�+ .... ----
<br /> .._..,. ._.n...Y..
<br /> . �
<br /> . „ ,
<br /> _ . ,.
<br /> .. .
<br /> ,
<br /> . . .,. _. . . .. . .. .... . .. . •,. . ,__..._ .. _ .. . :. .. . _. ... . _. ___�_ --•... --... .:� _..._ .. ..._. .,. .._. .
<br />
|