|
_ ...i`,i,__ . . �cF`:_-. . . . r;.. _ , ,v�•; , .
<br /> , ..-.1 - { ,�
<br /> ,�( ���t � . ... .... ., • . �
<br /> � 1 - � n ,. . ., . .. ° ' .�i5"'Y'� ;'�`fc..
<br /> ..r+ri�� . - � ....uw...•.. .. .-.
<br /> � ;-y�i�q�wvr_�s . .. . . . .. :.- r.a�tv.-x.r,.,..•� __- - . _ __--._..�.�.__. .
<br /> . .. .. ....._ _1_ .� .. .
<br /> _ . . .-. . � _. .. _ . . _ . --^ -
<br /> '�_.ti`a;'_-� '� `�;.(�r y��i '� . � .-» ''"`f�n `�' .c.. -�;,.s:.,�.. -"
<br /> £-. , , � {,y�.w2qtl,u: . , . �r.--� �ra:r,ty:+,s rss.+. „��- �'�, ?�_ -.
<br /> �.>" .�. --n �,� 1�'f� _..':3',_ —
<br /> . , ..�w�L'41uu:._ _ 'M�_�"_ ,�,._,
<br /> �#t..
<br /> ���� � � � � o����� �
<br /> 1 r� rl�*r-�-
<br /> _ g. iinzard or property InsurAr¢ce, Borcower shall keep the improvements now exist ng or hereafter erected on the
<br /> �'•�'�' Propeny lnsured ugainst loss by fire. haznrdy included within the teem "eztended caverage" und any ather ha•rards, includln�
<br /> _..:�� tioods ar flaoding,for which Lender requires insurnnce.This insurcince shnll be maintnineri in the umounts and for the per�ods _
<br /> - - that Lender myuires. The in.surance carrier providin�the insurance shail be chosen by �orrower subjece to Lender'g approvnl ____
<br /> ��� which shatl not be un!+e.�sonably withhetd. If Sarro�ver fails to maintnin coverage described above. Lender may, nt L.ender's '
<br /> �_
<br /> ;�� option. obtain covera�e to protect Lender's rights in the Property in uccordance a�th ParaB�Ph �
<br /> Atl insurance poiictes nnd renewals shall be acceptable to Lender and shall include a standu�d mort�a�e clause. Lender
<br /> shull have the right to hold the policies und renewnls.If Lender requires. Borrower shall promptly�ive to 1Lender all receipts of
<br /> -�� paid premiums ar�d renewal natices.In the event of loss.Borrower shnll �ive prompt notice to the insurance carrier and[,eRder.
<br /> _ ---M Lender may make praof of loss if not made promptly by Borrower. shaU be lied to restoration or repair of the
<br />_°,,;r�� Unless Lender and Borrower othenvise agree in wdring,insuranx prooeeds aPP
<br />-_ property damaged,if the restoratton or repair is economically feasible and Lender's securiry is not lessened.If thc reseoration or
<br /> ��'�"- r�epair is not e,cono►nically feasible or Y.ender's secudty would be lessened,the insurance proceeds shali be apptted to the sums
<br />'=;�'� secured by this Sectuiry Insuument, whether or not then due. with any excess Paid to Borrower. If Borrower abandons the
<br />"-_:;a:� Property,or does not answer within 30 days a natice from Lender that the insurance carrier has offered to settle a claim. then
<br /> --- Lender may collect the irtswance proceeds• i.ender may use the proceeds to rePair or restore the Property or to pay sums
<br />- -- securad by this Security Instcument,w�iether or not then due.The 30-day pedod witl begin when the notice is given.
<br /> - � Unless Lendec a►zd b3orrower oilticmise agree in writinS• any application of proceeds to principal shall not eatend or
<br /> - — postpone the due date of the monthly payments referred co in paragraPhs 1 and 2 or change the amount of the pay�nenta. If
<br />,.:�� under paragraph 21 the Properiy is acquired bY Lender,Borrower's right to any insucance policies a�Td Proc�s resWu°�fr°m
<br />---_ damage to the Property prior to tke acquisition shall pass tu Lender to ttae extent of the sums secuted by this Security Instrument
<br /> -�;��� immecliately prior to the acquisidon. gfl�wer's Loan Applicadon;Leasehulds.
<br /> _-_� 6. Occupancy Preservatton,Mtnlnteaartce and ProtectIon of the PropertS'.
<br /> Borrower shatl occupy.establish,nad use the Property as Borrower's princIpal residence within sixty days�er the execution of _
<br /> _� this Security Instcument und shal!continue to occupy the Property as Liorrower's principal residence for at le�t one year after
<br /> the date of occupancy.unless Lender otherwise•a�rees in writing, which consent shall rtot be unreasonabiy withheld.or unless
<br /> extenuating dreumstances exist wh�ch az�e beyond Borrower's control. Borrower shall not destroy. damage or impair the _
<br /> — p�,operty, �i�p�y cb;e pmperty to deteriorate.ar rnmmit waste on the Property Borrower shall be in default if any forfeiture
<br /> �;;tl����i�rox�i:�, v:h�r�lv���r criminal.is�3�a�un that in Lender's good faith judgraent could result in forfelture flf t�e
<br /> property or otherwise.materially impair tlie Gen creaced by this Security Instrument or Lender's securiry iniensi•&►+_��3
<br /> -;e.a;�s cure such a default and reinstate.as provided in Paragraph 18.by causing the action or proceeding to be dis�n�,ssed��a T���B
<br /> °�� that, :�I,ender's good falth detem�inatian. pre��udes forfeiture of the Borrower's interest in the Pmperty or other matertal
<br /> —= impairment of the lien created by this S'zcurit� Instn+ment or Lender's securiry interest. Borrower shaii silso be in def�iult if
<br /> Bomower. during tQes toan applic�tion Process•8ave materially false or inaccurate informatioa or statements to L.ender(at�'a�led
<br /> to prov�de Lender with'any mater�al informadon)3n connection with the loan evidenced by the Note.includin$.but not limited
<br /> co,represertxtions concerning Borrower's oocupancy of the Property as a priacipal residence.If this Sequn2Y Insm�ment is aa e ,
<br /> leasehoid. Borrower shall comply with all the prov6sions of the lease. If Barrower acquires fee title w t�e�'OPertY, �e
<br /> � leasehold and the fee dde shall not merge un(ess Lettder agrees to t1�e merger in wriang.
<br /> y.p�terXton of Lender's Rfghts in tt►e ProP�rtY.If B°�°wet fails to perfonn the covenants and a�reements contsined in
<br /> that may si fi�tJ affect Lender's rights in IIhe�rpperty(such as a
<br /> this Security Insuument. or there is a legal preoeeriing S� Y
<br /> pmoeeding�n bankn�puy�probate. for oondemnaaon or fodeinue or w enforce laws or regulations).them S.ender may do and
<br /> paY for whatever is nec.essary w Protect the value of the Property and Lender's rights in tbe Property. 1�►d�''s actions may
<br /> iaclude paytng any swns secured by a liea whic6 has priority o�er this Securlty lastnuuent. aPPearin8 i° �°urt'.gaying
<br /> . ressonable attom$ys'fees and enterin�on the Pcoperty w make re�irs•Ald►ough Ixnder may take action under this pi�`�raPh
<br /> " 7,Lender does not huve to do so. •
<br /> A�► amouuts disbutsed by Lender uader Wis paragrapb 7 shall beoome addidonal debt of Bonower secuned by thls
<br /> Securiry Instrument. Unless Borrower and I.endar ag�e to other terms of payment, these amounts shall bear imerest from the :�
<br /> ----
<br />
|