|
1;` .,-.o.�r�r_4�_ . .1 - ' '.x+.:� .. � :-�ryx�raV�+�ae'7�^w.caro �+��.�
<br /> t .. -.. -' U . •, - 1 � .. . . ............ . �- ..-.
<br /> }• ' . . .. ,. � �, . . . '°'i�'_b�"+^,q;ah^:ZM7L�'. + ... . � �. .,�,',%��� . ��+'S.��ny"�?-_
<br /> _ ._ ' , . . • .....r...... <Ww.� +Vbrr-�i." .. .� .. .=wr.a�i,ydhigryl�}{lis.� _ '__..___,..._
<br /> , � � �
<br /> _.�:..__'W"'_"'..�..,...—`.'—._- -..��r.i' "' ' ._ ' ' �
<br /> ��.. - — "'_..t...'..v. _-
<br /> _ ` _.._._....._,_�.�.... - ...-...�... '_ _
<br /> _ "--. " `__" � '_"- _ �.. _,- -.— __ -'
<br /> �
<br /> .�..�.:a:.nP.iLx ' - �:_.__....�_.__.�.,.�e._�_�ti��.�...a.a.`�_►3Yrii��"•r �f�-�-_.wW �._t.� `Y^ --_ _':-_.
<br /> n.�.,..._�: — •–
<br /> ��m
<br /> �.._.....�s�.._ –.� ..ea�rra�na��° —
<br /> . . ....�. - �_-�_T,- _�____–__ _ . -- --—..-_ __" _. - –.�.-� t�.-e�,_
<br /> _ .�_.nT-�.. .. . �iJ.�aa�s`e�rlur�. •iLLt�iML.._-__ �—___—.rrl.'.d'AA��ia._-_ .ru.�r __ _ . ___._. _. _.
<br /> �v.� . —•��rWr. �a. _ '. _ ru..�. .. _ ..._. _
<br /> ��� -
<br /> _ .� r���o�� � e � _
<br /> _ w�rs�a� ��... .�.��
<br /> �.�._
<br /> -- .— . 7.S y�,.f�TtE�,F.�..ip�G4.8Li�t •°-�-----
<br /> S. Efla�ivf or f?rta��:;-ty InaUYtu:re. �nrra�ver �huU kccp th3 improvement� now existing ar hercnftcr ete�te� on the
<br /> Pmpr,rty in�urecl u�uinss lo�s �y firs, 6t-�..�u�s lr.�luc�cc!wi2l�!!Z t�e t_rm "extended cuverage"und any othrr E�azards, inctudin�
<br /> floads or flaaciing. for which l.cnder requires insur.�ncc.This insumnce shull Qsc maintained in the amounts end for the periads �
<br /> thnt Lcnder eeqisirey.The insurnnro careicr providin�the ins�eunce�;hu11 bu chusen by Borrower subject to Lcnder's upproval �
<br /> wtit�h chnll nnt M !P.!��^:+3..��; W4.t:.�.��. !f�srs�:::�er F f!s sss m�3s�.afn ravrra�� desc��u'wrv. Lender ittay. ut Lender's �
<br /> o�tion.obtAiu�nvernyQ to peotect Lender's riIIhts in the t'roperty in accoednnce with paraIIrnph 7. �
<br /> All insurnnae polisies and renetvnls shall bo ucecptnbie ta Lender artd shall inciude p stgndard morcgage claus�. �pnder n
<br /> shnii hnve thc right to hold tha policies and renewals.lf I.ender rcqu6res.19oaowcr shnlf pmmpdy give to'I.endcr nll neceipis of
<br /> pai�l pre�niuAis and �cnewul aatices.ln thc ovent of loss.Bonosver shn11�ivc prompt notice to ihc�tnsueunr.cs cnrr�er and I.ereder.
<br /> Lender mny mako praof of loss if noi mude pmmptly by Borrower.
<br /> Unless Lender und Horrower athcrwise ngreo in writia�g,insurunce prooeeds ehalt be upplied to restomtion or repair of tho
<br /> PlAOnflV dn171n�w1 if t1�s rxtnnwL.vi n�wsnni.i.a...........t..��t..�__i�.�_ .-.-,
<br /> . _ _ _ �r,... ».........•...w.y,u�o,viu aatu I.CACiCi s&eCUTfiy 18 RflI l@SSCIted.if the mswrnt on or
<br /> repnir is not ewnomicaily feasiblo or ixnder's secudty wovid be tessened,th$insurance praceedv sha�t be nppliod to the surt�
<br /> serured by this 3ecudty Instrument. whether or not then dus. with any excess paid to Borrower. If Bo:rower abartdons the
<br /> Praperty.or does nat unswer wtthin 3U dstys n nodce from Lender thut the insurnnce carrier hsis offeYed to settie a clutm, then
<br /> I.$nder m�y cwllect the lnsurance proce�ds. I.�nder muy use the proceeds to �pair or restore the Pro�serty or to p�y sums
<br /> secured by this Securlty Instrume,7t.wheiher ar not then due.The 30-duy period will begjn when the rwdce Is siven.
<br /> UNess Lender and Borrower atherwIse agree in wrldng. eay applicxiflon of pmceeds to priuclpat shall rto4 extend or
<br /> postpone the due dute of the monthly payinems referred to in pnragraphs 1 und 2 or chungc the nmount of the paymertts. If
<br /> under paragreph 21 the Praperty is acquired by i.eader.Borrower's dght to any inswpnce policies and pn�ceeds resulHeg from
<br /> datnuga to the Pmperty prior to the soquisition shsll pass to Lender to the extent of tha sums secured by this Security Insdument
<br /> inunediately prior to the acquisiNon.
<br /> 6.�paacy,Pre.servxtlon,Muintenaace Aad Protecdon of the�e+opeity;Bormwer's I.ana Appik�tloni LeasehWds.
<br /> Bormwer shall occupy.establish,and nse the Property as Borrower's prias�pal resideacc whhin sixty days after the exausion of
<br /> tlus Security Imstct�ment and shsll oontinue to accupy the Propezty as Bomnwar's prIn�tipal�+esldenae for at least one year aftor
<br /> the date of oocupancy.unless Lender othenvise agees in writing.which consent shall rtoi be uxurasonably witdheid.or ualess
<br /> e�ctenuating circumstances exist whtch ac�o beyond Bore�wer's ooauol. Borrower shall aot destroy. damage or imgair iho
<br /> Property,allow ttte Prc�perty to deteriorate, or oommit waue on tite l�operty. Bon+ower shall be in defandt if any forfeitt�re
<br /> action or ptooeeding,whether civil or crimintil,ia begun that fa Lesnder's good faiW judgment aould result ia�forfeitun of the
<br /> Propercy or atherwise aiatedaUy impuir the tien c�eated by this Securiry Instrument or LendePs security interest. Borrower may
<br /> wue such a default and rei�state.as pmvided in pazagaph 18,by caustag We actlon or pmoaedIng to be dIsmisspd with a n�llag
<br /> thai, in Lender's gaod faIth determinutioa, Precludes forf�,tuna of the Boirower's fnterest in the Property or otlier materIai
<br /> imFa�ment of the �ten created by tLis Securiry Ias4m*..•nent or Lender's security Iaterest. Bomower shall alsfl bt in dofa;alt if
<br /> Borro�rer.during the loan application process,gnve materiailly false or inaaa�mte information or statements to T.eacler(or failed
<br />, to�+avdde Leader wIth any material information)in wnne�ton with the loaa evid2need by the Note,iacludinII,.C�uL aZi limiced
<br /> to.mEpresenlations ooncesuing�orrowcr's axupancy of tI?z Propetty as a prinsipal residence.If this Sewrity r��+*�*�*-r.,,rr is oa a
<br /> tease2�uld. Borrowex shall oomp!y viitlt a11 the pmvIsion�;of the lea5e. If Bormwer eaquires fee ¢ide w tlus I�riy, ntio
<br /> leasehold end the fec dtte shall aot msrge unt�Leader agrees to tha merger in writiag.
<br /> 7.Pt+atectioa of I.end�r's Rig6tss in tbe�aoperty.If Bomower fails to perfocm the coveaants�d�,a�ee�nts coatained in
<br /> ttris Sec�n�ty Instrument.or there is a legal�1�'�Eeding that may significantly affect Lencier's rights in che Prop�rty(such as a
<br /> procxeding in bankcuptay.pmbate,�for candemnaflan or fo�feiture or to enfore�laws or segulations),then L.ender may do and
<br /> pay for whatever is nooessaay ca�smtect the value of the Properiy and L.ender's rights ia�•the Praperty. Lea�der's actions may
<br /> include PaY�B �!Y;�as sec�,ued' by a lien which has griority over tbis Security �s�ument, a�i�earia8 ia court. PaY�B
<br /> reasonable attome};�',fees and entering on the Pnnperty to matce repairs.Althangh Y;e�des may talce aaion uad�er d�is paragraph
<br /> 7,Lendar doas not liave w do so. •
<br /> ..r+u�y amonnts d�sb�raed by I.ender under this parag�p� 7 shal! b�oome adcf3�io�iil;debt of Bormwer socund by tlils
<br /> Secut��'�nstcument.�Uniess Barr.o�i,ver and I.cnder agree ta�fi�r terms of pa,yment, tT�es��mounts shull tsear iac�e��.�2;Fmm the
<br /> date i��,�bnrsement at the Not�tate and shall be payable,'�i��ith interest. upon ncsiics,Smm Leader to Borrov►er•f�equesting ..
<br /> PaYma�t• '
<br /> 8.Mortgage Imvranoe.If Lender roqtiijted mortgage insnrance as a oondition of maltiag the l�t��by tl�s Secviiry
<br /> In.�Laiuient, Bumower shall pay s�e premiums ne,quirad to ►a�lintain ttte mortgage irsar�nce ia effec�If.. for suy+;teasun. tha
<br /> a�cat�sge insurance ooverage��e�l by Lender lapses or s�eps�s to be in effect.Botr�wer shall pay the p�miu^�u�equired to .
<br /> obtai��coverage subataatially equiv.�affent to the mortgage insu�aace pFeviously in effect,at a cost substantially equiv�lent W the
<br /> cost w Borrow�r��rhe mortgage unsura�ce.�prevtously in effect,from an.alternate mortgage insurer�appmved by I.ender. If
<br /> subsmnttsilly equiv.tiient mortgage insurance cbvL�rage is not available.B�ra�nwer sbaU gay to Ixnsler each ntonth a s�un equ�l to
<br /> on�-iwetfth of tiie yeady mortgage insurance�Sremtum being�aid by Bormwer when the insivance oovet�age lapsdd or cra�w -
<br /> : , be in effect.Lender will aooe�t,use and mtain these payments as a loss �serve in lieu of mortgage insurancc. Loss neserve
<br /> �
<br /> t :' Fom�302a 9l80 ,' .
<br />�1, ' � Prpe 3 ot 8 �
<br />;�j �
<br /> 1`
<br /> � . .. .
<br />
|