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99101753
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Last modified
3/13/2012 2:10:13 PM
Creation date
10/20/2005 10:23:50 PM
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DEEDS
Inst Number
99101753
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i..; .. . <br /> � <br /> . i i <br /> -. ) � <br /> . . � <br /> . <br /> . . <br /> � <br /> ., ,� ., �p,n�5„ � .. . . ., <br /> �' , ' ' -- � .. ..._.. <br /> . .. ..,�.n . _.. .. ._.... _.._._.__'_—__ <br /> -. � . . . . . . . _.. . . . '^ <br /> '_._..`_......__-_.a_'_•..._..�"'._...�_._..--.._.. ...__ _._".'__ .... .. _... . . . . <br /> .� . _..._.."'_..r..._�_..� - � � <br /> .. . . - ��v ���Y�� <br /> S. HAZnpd oe �ropcely it�urance. Borrower shall heep the lmprovements now exiating or hereafter er��cted on thc <br /> ° Frogerty inaured agnit�at losR by ffre, hozurda includcd witdia the term "exteaded coverAge"and Any och�r hnu�rds, includinB <br /> ' • floode ar flaodinB. for which Lender requirea iasw�unce.Thia lnaurAnce shall be maintnined!n the untounts nnd far the perlods <br /> �� thut Lender requtres. Tha ineurnnce cnrrter providing the insurnnce ehF►1l bc chosen by Banower subject to l.ender's npproval � <br /> �� whieh shnll �iot be unreaFOnably withheld. If Horrower fo11s to maintain covernge descdbed above, l.ender may, nt l.ettder's ,. <br /> � aption,obtain coverage to proteci Lender's dghta in the Progerty ia uccArdnnce with puragrnph 7. �_ <br /> � '" . ' All ineuraicc palictes und ren2vmis shnl! be ateceptnblo to l.ender and ahali include n atandard mortBage ciauae. L.ender —''� <br /> shutl have the right to hold the palicies nad renewais. lf Lknder requires.8orrowee shal!pramptly give to Lcnder�li rreccr.ip�q of �. <br /> . p�id premiums and renewnl noticea. in the event of losa.Borrower shnil give prompt notice to the inRUmnce encrier:uid l.ender. <br /> Lender may make prouf of loss if aot made prompdy by Borrower. <br /> ;;;,��;��� Unless l.ender and Burrower othenvise a�eee in wdting.insurance proceeda shall bc Appliec!to restoration or repnir of thr. _ <br /> � •""�"''"�� Praperty damnBed.if the restomdon or repair is ecoaomtcelly feasible nnd L.ender's securiry is not leasened.If the restoration or � <br /> - ' + repair is not economieully fe�stble or Leader's securiry would be lessened,the lnsucunce proceeds shall be npplied to the sums - <br /> � o . � secured by this Secudry Instrumeat. v�heth�r or not t48n duu,with any excess guid to Borto�vor. If Borrower abrr►dona the <br /> � 1 Progscty,or does aot anawer withtn 30 days a notice from Lender that the Insurance c,turler has offered to settle a clnim.then <br /> l.�nder may collect the insurance pmce�ds. Lender mny use the proceeds co rep�ir or res[orc tha Propeny or to pay sums _. <br /> ;' secuced by this Securlty insuument.whettter or not then due.The 30-day periad will begin when the notice is given. �•w <br /> r.' Unless Lender and Borrower otherwlse agree in wrltiag, any aQplicadon of pmceeds to principal shaU not extend or - <br /> : pastpone the due date of the moathly payments refemed to in p3ragcapbx 1 and 2 or cbanga the amoune of the pny�aents. If <br /> �, .._.�� uader para};raph 21 the Property is acquired by Lender.Horrower's dght to any insurance policles and procee�s resulting ftom - <br /> ' damage to the Property pdor to the acquisidon shull pasa to i.ender to the extent of[he sums secure�i by this SecuritY L�suument ` <br /> � � Immedlately prior to t�e acquisitlon. _ <br /> 6. Occupaucy� Pre�rvad�n, Mci6ntennnce nud Pco2�cHon of the Propertyi ��wer's Loan Applic�tiunt r <br /> . .. I.easehoids.Bortower shall occupy.establish.and use the Propercy as Borrower's principal r�sideace wlthln sGcry days after the = <br /> ,' execution of dila Security Icsuument aad shall conttnue to occupy the Propetty as�orrower's princtpal residence for at l�nst one _ <br /> '° year aticr the date of cecupancy.unless 1.ender othenvise agrees in wrttin8.which couseat ahell not be unreasonnbly witl►held. _ <br /> or ualess extenuating ctrcumstfwuces exist whieb are beyond Bomower's coauol.Homower shall aat desuoy.da�aage or impair <br /> � ` , the Prapercy.allow the Ptoperty to deterlorate.or commit waste o:n the Propetty. Borrower shsil be ia default if ac►y forPeiture <br /> ,: . . . accion or proceeding.whether civU or criminal.ta be�ua that in 'Lrender's good faith judgment could result in forfeiNr�af the <br /> _',:;:.�..=,.Y, Property or otherwlse materially impair the Iten created by this Sscuriry Insuument or Lender's security interest.�orcawer�ay <br /> `�`' ' ` cure such a default and neinstate.as pmvided in parngraph 18.by cauatng the actton or prooeeding to be dismisscd whh a mlia� <br /> �,..^"=;;"`�. tttat. in Leader's good faiW deteraUnauon. pl�lud�es iorfeicure of iite Bvnv+vci'e iut�i��t in ih�Prapa�sy or atlser��! , <br /> ` ���'��`;'' impairnient of the lien created by tt�is Security Yaauumeat or L.eader's securlty interest. Bornower shall also be in dsfault if <br /> =�':`�{�'��'�? Borcuwer,durIn�the loan applicatto�n p.•acess.gave matedally false or inaccurate inforautrion or statements to Leadep(ar�tuiled <br /> ',si W�:�1+. f <br />-�;SYIM'•,'���� ta pmvide Leader wtth uny materIal informadon)in wnnection wiih the loan evidenced by th�Note,inciud9ng.but not iiiaiced <br /> .ILT��91� <br /> ,��:����� to.represenuutans ooncoming Borrower's oocupancy of the Praperty as a princlpal residence.If this Security Instnuueat s oa a <br /> ;.=;;�r�� les�sehold. Borrower ph�111 comply wlth all the pr�viaions of the lease. If Botrower scquic�,s fee tltle to the Property. the <br />�:�,�:�� lease�Id��e��f ot��8a���iR���.If Botrawer fails�to pe orm the covenanu und agreemenGg cx�nCai�td in <br />��;�-�� this Sec�uity Insnument.or there is a tegal prckeeding that may signif�cuntly affect Lender a dgbts in the Property f,au�c3�as a <br /> " proceeding in ba�laupuy,psobate. far�ndemnation or forfeitui+e or to enforce laws or regWutiona).ttten[.ender may do aad <br /> ���� pay for whatever is neaessary to protect the value of the Pmperty aas!Leader's dghts ln the Propetty. Leader's acflons may <br /> .-°-•,°--- include paying aay sums secured by a lten which has prlorIty over this Secudty Insttument, aPP�nB � ��• Pa!'�8 <br /> ,�.�;;�� reasonable attomeys' fces and entering on the Property to makc repairs.Althoug�i,ender may take action under this paxagrap4� <br /> �"._"`.°'� 7, L,eader�ioes aot knvo to do so. <br />- --__- <br />
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