: � , � , " ' � � ' �. - '"y"�' .
<br /> ! ..... . - , - --- - -� � .
<br /> l.0ANN0. 1539218255
<br /> # All In�urance palict�s artd renewals shaJl bs acceptab2e co Lender and shail tnci�de a slandard mortgage dause.
<br /> Lender s4�a[1 have tFqa rtgh!to hold 4he pcllctes artd reneY+ala{f Lender reqt�ires.Borra�rrer shall prompity ghre to Le�der
<br /> , all receipts of patd premtums artd renawal no�lce,s.tn the everst af loss,�o�ovret shalt ghra prompt rt�tice to the �
<br /> , Insurance car�I�r ar�d Lender.Lertder may make prcof of loss ff noi made�rom�ity by Borro�ret.
<br /> ��! llnless Lender and Borrotiv�r oihsnvise agree in v�ttirt�,lrtsurance procseds shall be applled to restoratlon ar repatr
<br /> ' i of the Property damagerl,ff tite restoratlon or repatr Ig economlcaily feaslbie an�Lentler's sacur(ty is rtoi lessert�.ff the
<br /> restoration or repalr is nat economically f2asibte or Lende�s secur?Yy vloutd b9 iessened,the Insurance proceeds sha(I .
<br /> i be apptled to the sums secuted by thls SecurYty InsYrumer�t,whetit8r or rtoi then due,vviih any wu�ss paid to Borrowsr. �
<br /> . � � If Bo�rower abartdons tha Properiy,cr daes rtot answer wiihfi 3a days a rtatice firom l.ertdar that tha insuranca canie� �
<br /> �. � � has oftered Yo&e'ttle a dalm,then Lender may collect the i�surance prcc�sds.Lender may use the pror.eeds to repair � �. .
<br /> � - -- ; or restote the Pmperry osto pay sums secut�d by th(s Security inshurtsent,vfi�iher or no2 then due.The 30day pErtai �
<br /> � v�ill begtn whsn the noitce fs gi�en. ba
<br /> '. UNess Lender and�onower aiheN�ise agrea fn writirtg,any appltcatlon of proc�eds to princf�at sha11 noi�xxten�or O �
<br /> sposipone ths dae daic3 of the monti�Y paYr�ertLs referred to in paragraphs i an�i 2 ar change tt�e amouni of the �
<br /> � paymants. If under paragraph 21 the Pro�srty fs acquiredl by Ler4der,Bor�orre�s right to any t�sur�ce pollcIes artd �
<br /> � pra�e�ds resu[�ng from d�mag2 to the Pr,og�rcy prfor to the acq�Is�lon shall pass to Le�tier to�^���ar.t of th�sums �
<br /> i s�cur,�b};tPi#s Sec�rtty Instru��ni immedf�y prtor to tt�_acqLisi�on `.� ���`_
<br /> � �.�..-;��c v�Uo�aseruatimre,Maie�+tr..�:��-r����[�:�<�n of tha Raa�srty;�g�r��'�6�.:^�,,:,J;�.�.--^��a�r; ,'��:��:�:--
<br /> � L��:`.�:i� �����T shall occupy,e5�.��.s"`:.�.���y�z P�p2rty 2s BarrawrePs�r�r.�i,��i c�i;:�:a3 wiitttn sbcty days f ;'.`;
<br /> ,�,r��, afYer�:s�Y�-�a-�`?�'�:�S�1�3 t-�-w��;�►*�~��L�''�r.�:�:-;�s"._�t��+tho Pro�arty 2s IE�rr�ar�.�s pdnr�pa! .`,'+=:=
<br /> 1.,.. f,.s;;,,
<br /> .•.,;'�:.;;`,i�'t+. -es'�w�t�r��:�s'�-�;=.�.r����1.:vL.G'+7.S�Ii�.IT�C�'I�_;��.�ass L..�e��uihenrdse agr�ES ir�tr�,which conseni �� �;;^;�
<br /> ;,;,'�`-�;;j��;,��: shafi not ba ur�-��:;�c:�'iJ!r�a�,cu�.����a.:s:��.r�d��mstta;:a���st which are beyossd 8ormwer's ccntrol.
<br /> �:.�'+�' . :���, Bonower shatl r.:���:roy,damage or irr.�.,;.r:^s Property,allow the F:.zr.�c�ty to detedordte,or cammii waste un tha .
<br /> � . Property.Borra.zWs�,'��lS be tn detault ff arey�jaiUtre actlan ar proceeai�;�,�vhether eNQ or c�iminal,[s begun ttrat in
<br /> '� Lende�s good fais�s;udgmer�t could resutt In fnrf�iwre af the Property ar oiherwise rnater�aliy impair th�lisn creatr�by
<br /> thls Security Insteumert or Lender's securEty irtietest.Borrawer may cuto such a default an�i reinstate,as pro�ided in ` '
<br /> � �:�� - � paragraph 18,by causing tha actton or pmceeding to be clismissed withh a rulire�tha�in Lendefs gaod taith .
<br /> determination,precludes forfeiture of th0 Benower's tnterest tn the Property ar other material(sispairment af tha lien
<br /> � created by thts Security InsirumeM or lertder's securf�y Interesi.Borrower shall�Iso be In default tf Barrawer,durfrtg the ,
<br /> � ` loan appllcatlon process,gave rnaterlalty false or Inaccurate tnfo�m�tlon or etatsmertts to Lender(orfailed to pravida ��-�
<br /> _ Lender w�h any materia}intomration)in connsctlon w�h the loan ev(denced by the Noie.indudtng but not Ilmlied to, z��
<br /> � - y represeMattorts conceming Barrov�er's occupanay of the Propetty as a princtpal residence.if thls S�ecurtiy trtstrument Is �=
<br /> � an a leasehotd,Borro+n�er shatl comply w14h all the provtsbns ot the tease. If Bonower acqutres fae tlUe to the Praperty, �"'-
<br /> � . . the leasehold and the fes title sha11 nat merge ttnless Lender agrees to the merger In wdttng. �-�---'`�=
<br /> 7.�rotection o!Lender's RI�hU tn 4he Property. If Borroweriails to perform the cavenants and agreements �"`
<br /> � containe�ln thlo Security Insiniment,or tFrsre is a legai proceeding that may slgnificanUy aftect Lenders rights In the
<br /> . � Property(such as a preceeding fn 6ankrupicy,probate,for wndamnaiton os forfeiture or to ertforce laws or _
<br /> ' �_ � reg�latlons).thsn Lertd2r may do and pay for vrhateve�Is neces�ry tu proiect the vaJue af the Property and Lender's ____
<br /> � dghio in the Property.Lender's acilons may incl�tde payfng any sums secured by a Il$n whlch has priority aver tMs
<br /> � Securiry Insirument�appear4ng In court,pay(rtg reasonab�e attomeys'fess and eMering on the Pro�rty to make
<br /> repairs.Althougte Lertder may take actlon urtder thts paragraph 7.Lertder daa�not have to do so.
<br /> Arry amounts c�igbursed by Leader ue�stcrthis paragraph T shali�-.;;z�sno additlorral d�bt e#I�aszawer secured by
<br /> this Securiry Insirus�enL Ur�less BoROUer�.��Lertder agree to oihet t��w af payment,these�z�nt�sha11 bQ..ar �
<br /> � interest from the da±e af dists�ersmeat a3 tha Note rate and shaq ba pay�le,wilh IrtY�tESt.��an r.atice fram 1.2rtder to �
<br /> �' ��� Borto�+rer reques2[ng payrt:eRu �
<br /> 8.Martgag�f.::�.�uraa�ce. ii�.:._�:r rc-��'red moRgaga insuranae�s a condltion af making t,h�►.aan sec��d I�y th's -
<br /> ? Securtiyy Instrurtre�l`,Bonower shall p�y tti�_��mlums required to�ralnuin the mortgage Insur�e in sffeci.:;�zr�.�7 �
<br /> . � � � reasan,the rnarr,,�u,-e tnsurance coverag��r�,ui:rad by Lee�der laps�.c ceases to be In effect.�:c�:awer st�;9��,;�:.•�a • _
<br /> . � � � pTemiums requ:rad to obtain coverage s�`,.�Jiy equts^�JeM to t3�a rnortgaga Insurance prevlousty tn�-�,;���c»�. �. _
<br /> � subsianitally equ}valent to the cost to Bar�s�+.�.�f zJ:e m:�.�T�3aga Insurance prevlousty(n effect,from an u:i�� =
<br /> � � mortgage tnsur�r appraved by Lender.If�..;��:ZntiaUy equNalent maRgage insurance coverage Is noi ar+z�:;U�., �� � _
<br /> . . ! -� �arrowdr sh2't�a�to Lender each rnoMh.a�.�equal to one�twelftP�ef the yeady mortgage Irtarrr.°��ce premium being ;.,y �.
<br /> d
<br /> p a i d b y B o R a.l c e��v h o n t h e l n s u r a n c s c o:�.a.��3la psed or ceased to'�;n efiecK.Lertder will acr�:a�'.use and retaln these -
<br /> ' ���� payments as a:3ss reserve in lieu of mo��sj=_�e insurance.Loss reserr��payments may no la���a�!�rsquired,at the
<br /> � ' ,�''� opt[on of Lender,if mortgage ir.surance coverage(tn tha amonnt and for 4he�ecfacf�*.'�.at!ccr��-�Qu►�es�rtuvided by
<br /> �1���� _ • �'�; an insurer�ppraved by Lend�ar again becomes available and Is obiained. 8a�r�,+,�r:r�'�y�r ix�a�,remlurr.�r��qulred to =
<br /> . , � '��, maintain mortgage insurartce U effect,or to ptovide a loss reserve,ur�t1 the requ::v.�:,-�fuc�r.c,:3age insur-�ce ends .,::
<br /> . ;.�� in accordance re�ih any written agreemeni beiween Botrowet artd Lccrrd�.r or appllcable lava
<br /> e. I r�s p e c t l o n. L e n d e r o r t i s a g o n i m a y m a k e r e a s o n a 6 l a e r t i r i;;�u p o n a n d i n s�e c ti o,�a�t i•:.Pr o pe r t y. Lender _
<br /> � � shall glva Barroxer notice at the time of or prlor to an inspecUon cpecifying reasonabte cause i;,:Y;�e inspEr�'.on.
<br /> � , � �
<br /> I
<br /> HEBA/LiKAi-SIHGLE F/!hlILY-FNMA/FHLNlC UNIFOAl111HSTRUMEHT FO�iIH 30289/90
<br /> � ISC/CfADTNE//0792/3b28(9�90)•L PAliE 30F 8
<br /> �_.._. . . . . . ......- --- --�-- ---------�^. , _ . . _Y_ ."'"�.6'�� - .
<br /> . ` ,
<br /> , .
<br /> �' ,��. • � � ��' � . ��'', • ', .
<br /> . . �,�, , ,�
<br /> . . ' • `
<br /> � �,.', ' , . .
<br /> ` ,
<br /> .
<br /> .
<br /> ._ . . � �
<br /> �
<br /> - - - --
<br /> - __
<br /> � __ _ __-- - — _
<br />
|