|
. .�.s-5f�.e;itiaL r '�Y?.•.- 'i(f:kjS '�W,w(w� �._ ..t. . __ v:hfu:�.,:� s.•-n. , . .,i -------=-- �
<br /> . ..r,,.,r...t��� �� �� e. . ._..._.... .— .
<br /> i�M� .4M1. ""^".... _ __
<br /> J�Y • '___'
<br /> .�... :�`. � " _
<br /> _ �- 'ss'•.. ._ . ___ •.. _'_��
<br /> ... �X1�tilY�ON+"... �•-_,�_;-
<br /> ..�.�t:�u��� ._. .. _.._._. _ -. .
<br /> _ ' _._.�_...._.-._ -. ..
<br /> ,�
<br /> � � 91- 1�2492
<br /> .,,, i =--_
<br /> ' ' prri�xlr thot LcnAer rcquiR�+. Ti�c imuran�c rurrier pmviding�hc imur��xc�hvll t�c c1K►�cr.by B�xmwer.rubject ro lAnde�i+ .
<br /> ' '�' uppnwal which Ylwll nn�bc unmau�noMly wilhlkld. If Bcxrowc�f�ilx n•muin�oin covcrogc ck.cril+eJ ut+avc.L.cn�k:r muy,u� �- -
<br /> 5 ' J
<br /> , , p;;�.i:y�h�.��: Letkter'+�►ptiun.ot+�ain r��verugc In pn►tec�L.cnJer±riKl►��in�6e Pr��{x n) in uccordum•e wi�h p•rragruuph 7. ----
<br /> •.r�^,:,��,,;., All in�unurce�liricx und mncwulr�hull t+e wcep�ahlc tu Lcndcr u�u!whall includc u+tandurd mongugr rluu,�. Lender
<br /> �� � .hull twvc thc nght�i�hold�hc�x►liek�wiJ nncwul.. li Lcixkr n�uin�,Borcawrr.hull pn.mpNy�:ivc ta Lrnder ull n�:cipt� �;K_, _
<br /> . � ,r:•' ��,�, of paid prcmium�und renewal�x�tice.. In the evrnt uf lo.+. H�wrower�hull�tive pmmpt ncHirr Ia�h•r iosurw�ce currier and E,_--
<br /> ����� 4ender. l.cixier may muke pra�f�.f lo�.i1'n.�t m:aie pmm{�ly by S��rn►wer. -
<br /> ,,.. . A. .,...�. . • -
<br /> v • - Unle.. Lcn�kr and Rurra���r athrrn�i,c a�:n�r in ��•ri�ing. in.urum•�pnx•��.d,.hull h upplird ta m.tu�ution ur r�pa�r u ��'.
<br /> . :��} thc Prc�eny dumuged, ii�hc a.axu�i�m ur n:{�:�ir i+. cr�Nx�miraUy ier.iMe amd l.en�kr; Krum�• i� ma Ic.•cned. If�hc
<br /> a:. • �.� nsturnii��n or mpair i, n�,t e�'��mii�ully i'r•r�ible ur l.��xle�?�xcuri�y w�ould hr I�w.enMl. �Ix� imurance pnxeeds shull he
<br />�,�..'; . � up{+IieJ ta�he+um..crund h���hia Security In�trumrnt.��•hc�he� �►r n�w thrn due. K•iih �m�� c�ce.,puid lu Som�wer. If -�.
<br />�'• 't�' � "�.a o'�' Narn�W�er uhamton�c thc Pn,�ny. ��r ili�e� no�amwrr�vilhin �U duy� u M►tirc t'nnn l.endcr thut the m+�uron.r curri��r ha+ _
<br />` �'` � • ofler.�J�a+etUe a cluim.�F�n Len�ter rnay cullec�ihr in.ur;�ncr pnxeed.. l.rnde�muy u�c Ihe pnn�tidti tu rcpair ur n�tare �-_
<br /> �'° ' � �; � �he Pmpeny or ta{�:�y�um�u�ur�d b�•�hi�S�urity In�trumem.H•hethrr��r no��ha:n du�. The Zltiduy�rriod will lx�in wlnh� —
<br /> � r ., . thc nrnicc ir�iven. -°
<br /> , • Unle�, l.eoder und BorruH•e�uthera•i.c u�n�in wriiing.any upplica�i�,n of pnx�d.ui prinripal .hult nut rxtea�t or _
<br /> ` ~� '�'"' ''�'`.''� �,i�►ne Ihe due dwc��t��hc mon�hlY �Ym�m,refcmd�a in�ru��uph.I und'_�x chun�e ihc umuum ui'Ihc pryment�:. tf ---- -
<br /> , under{►ur.�gr.�ph ?1 ihc F'mpeny ix a�cquir�d hy l.�ndcr. R�irn���rr�ngh�to any in.urrncc�xilicic�anJ pmcecct+rczultin� A
<br /> --- ' - from damuFe ia�he PropenY prior�u the ucqui�mun.hull pa,��o Lr�xler tu�he�%irnt„f tIK.um� xtiun�l Ay thi�Sc�uriry - --
<br /> .� . .. . Instrumrnt immcdiutely prior to thc ucqui.it ion. r�< <...
<br /> . � . . 6. (kcupwncy. Preser��ation. Mwi�knunce und Nrotection uf Ihe Properly: HarroN•er's I.oraa Apptication: �"• '��--�. --- `
<br /> f' _ � I.�seroldR, Normwer xhuli�xcu c.�ahli�h.und urc�hc Pn► •n u.H�xmwer: rinei ul n+idcncc H•ithin�ixty�layr afle� ?��"`�'��.���:_
<br /> , „�; � � ��'�..�� �
<br /> ���,. the�xe�:utian of�his Security In+inimcni und.hull cun�inur�o/K upy thr Pn��x�yy a,SuROwcr� principal rtsi�lrnre 1'or ut —�,•=�----_----
<br /> �:.;.�;��:='.::�:.��
<br /> ' ' . � '� kus� nne ?•ear after the dnte ot' �xcu�ncy. unlc.. l.enJrr i�thenvi.e ugrce� in ��•ritin�!. �vhich ron.r�u +hull no! ix _ ---
<br /> ; .. , , unrcuu►naAly withheld.or unle�.ratrnuuiing rircum+�unres rni�t whKlt•rrr tKy��nJ F3om�wrr;cuntrol. Hurn�wer,hull nrn �j"'-'�
<br /> � Je�tmy.clamage ur impuir�he Pn�{kny.ulluu•thr I'ru�xrty u►�trriuratc.�K commi� wu,t�on the Pm�xn��. Rurrow�r+hull E`°s�m:�;�r��
<br /> " � be in defuult if any forf'ei�ure uction�.r pr�xeeding,whrtlk�rivit�x caniinal.i+ Ixguo�hat in l.endrr�g�Hxl fuith juJ�.mcrn �
<br /> " muld result in t:xfriwrr of the Proprny ur othenviu m•re�ri�lly impair thc lien rrcatrd by ihi, Sccuri�y In.�rument or y.�,- -
<br /> . � Lcnder:�rcurity inlercst. Borcower muy curc yuch u detault aml roin.iute.a.pruviJrd in purugru� I S.hy ruu+ing thr aclion �:_,.,_�:':.,:,•-_
<br /> , or pmceeding t��br di+mi�.cd with u rulin�Ihat.in Lrndcr:��wxi fui�h dctcrtninu�ion.�cludr+t��rlciture ut'ihr Burn�wcr ti ��.-�L. __
<br /> � ,.'
<br /> intercs� in ttk Pmperty or i►th�� mutrriul impairmem ui IIw licn cRatcJ by ihi,Scrurily In,ln�ment Uf(-t711tltfi�CCUl1[)' �"�'�-�;-1�_"� __
<br /> � Intert�st. Bom�wer .hall al.o b� in dc(uuU if Born���er. durinF ihr luan upplkution pnKC�+, gavr mat�rially I'ul.c ur ?�;� =_�
<br /> " in•rccur•rtc infarmulion or.wtemcni�to Lendcr lur(uileJ w mviJc(.cnder��•ith un malcrial inliamaliun�in rimnertion with �: � __
<br /> ., .. • the I�an evidenced hy thr Noie. inclwlirg.but nut limit J io. repm.en�u�iom cnnceming BorruHrn �xcup:uiry ot�the .j ,`��_
<br /> , �; _�-
<br /> . l�:c;c•.^.y a.,u princiral r!••id�•ncc. If�hi.Securil�•Imtrunxnl i,an a Ir.iticlx►W.Born�wrr tih•rll romply wi�h all Ih�pmvi.iim, :. `,::._
<br /> ,. . t:, ot'thr Ieu+c. If Bortowrr acyuire�lec tiUa[u thr 1'ro�xn},tFk Ira.rhulJ und�he f'rc ii�le,hull nut mcrge unie..l.rnckr ugrc�. �;;,•�T-:.�.��_._
<br /> to the�rxrgcr in writing. '� :��"''
<br /> ' • � 7. Prutection of I.ender'ti Riuhls in the N�upert��. It Burn•���� iail. In(xr(onn thc c��venunt� and aprcemcnt+ •d
<br /> � ' ' . , � °� contained in Ihis Scruriry Intitrumcnt.�,r Ilkrc i+ :� Ir�;al pr�xcrdin;� Ih.ic ma�� .ignil"KanUy afl'crt L.�nJrr: ri�h1. in Ihc ,��-�
<br /> PraFxrty Isuch u,•r pnkcrJin�:in hankruptcy.prohutc.ti�r r�m�lcmaa�i„n or t��ncnurc or to cnti►rcc luw.ar rc�ulu�i�,m�.�h�n ;,t.�� .^F�-
<br /> Lender muy Ju unJ pay ti�r whatrvcr i,nccc„ury�o prutcrt �h� �alu. uf�hr Pr��ny unJ Lemlcr±righ�, in�hr F'�o{kny. ..;�,:�; ', ^ _
<br /> . Lrndcr;•rc�ion+may includc payinE .�ny.um�rrrurcJ h� a li��n���hirh ha.�,rioril�•ovcr Ihi+Sccurily In.lrunknl.ap(xunn� � . `�;��.' . .h�:�
<br /> "• . in court.puyin� rcu�onablc aUamcy� Icc. und rn�rring„n thr Pro�xm•to mul��npuin. Although Lcndcr may �ulr artiun �-:.;�p.:-...:;y�s,�7-,k:!'�
<br /> � under�hiti pac+_ra�h 7.l.rn�kr Jix,n.H hnvc i�i da,o. � �t
<br /> . � ' An}� amvsr:;.di�huncd hy Lrndcr undcr �hi, ruragr.��h 7 .hull tkcumc:►dditional dcht of Borru��cr ,crurcJ by thi.
<br /> . � , � . , , , Srrd�ri��In�9rum.nl. Unlr,.B�Krci��rr+nnl l.enJcr u�rec�a�,thcr Icnn,��f puymcnl,lhr.c an►ounh�h�dl ixar intcrc.�f�am�hr I _
<br /> � cl:qe nf di.bursrment at�hr Naic r;Nr and .hnll Ik��a�•aMc. �ti ith im�tt��l.u�xm natirr fr�,m Lrndcr i�� Horrow�rr mquc+ling �• „ . "••._��
<br /> � . pu��mtnt. _
<br /> ' 8. M11a7�u�e Imurunce. II'Lcn�lcr rcquircd murtgag�in,urun�c u. a«►nJition n1 muking Ihe loan .erured hy Ihi. �
<br /> '.�(,:�, 1,i I' '.'i. Srrurity Insmfinenl. Borrou•rr�hidl p:q•the premium• myuind h,m:�ini:�in Ihe m��n�a�e imur.�nr� ia�riirrt. ll', fur uny � � -. -,;
<br /> r. ,,.:�:f:i,�l,�,�ti ���� mu.�m. Ilx� mor��agr intiurainc ruvrruE� rcyuired h� I.endcr lap�c. or rra,c,to hc in rftccl. Borro��rr �h.sl6 pay �hc
<br /> . �,�;°`.;;.'::i�•.�•� � prrmium� rcyuind �o uhtain ;�,ti•cr�gc.uh,�un�iall�� ryui�:�I.nt 1�� �he nx�ngapr in,urarnc rrcviuu,ly in rll'c��. :i� a ro.t i ..
<br /> :..�c,�i��;r+� ,� �(; .uMrrrni•rlly�yuiv:den�to Iha rn.i t��Born,wrr��f Ihe m�,rtg:�,^_� imur:�nre pre��inu.h in r((rct.f�um un;dtcmalr monguge �
<br /> � '� '•�'l•` in.urer upproecd b} l.endrr. N tiuh,t:mii:i�1� ����uir��lem murcgagc in.uramr ru�•crag�i.n��t uvuilaBk.Karn���cr.hull pay ro t .;,,:.;,.
<br /> ., Lcndcr curh mun�h n.um ryuul tu nne•n�•ellih„f Ih�y�rnrl} morlga}� in.uroncr prcmium Ik ing p:�id hy liorn►wcr whcn thr '
<br /> .. .� in,urance ro�rrage I:ipu:d or cca+eJ lu Ix i n ef fe�i. Lender��•ill ucrrpt.u,r:mJ rrtain Ihr,�paynx nt+a.:�lu,+rr,en•c in liru = �..:;•,
<br /> � .�;" :;}.
<br />. nt'-nortgag�in.uramr. Lo., r���rvc paymrn•t. m:�� no I�mg�r tx� requircd.al �{x�►ption �N' L.en�1.r. i;in�•r1E�ge imaranrc ,z:':
<br /> .� c�►veruge lin Ihc urrx�un�:uxi tiK thr�xrHx1 Ihut l.endcr r��yt�ir�.�pr���•i�IcJ M an in.urer appruerd h��L�ndar ag:»n ixrumr.
<br /> av:i9laMc und i.nhlaincJ.Horruwcr.h;dl��as thr prrmi�um r�•qwnd in nwint:iin murt�agr imurancr in rlfcrl.i,r t��pm�idr u ' ,� ,
<br /> �• � lo,.re�ervr.until ihe requirenxnl li,r nK�rtguge m,urancr���d,in uccurdancc a i�h am ��riucn a�recmrnt tktxccn Hom���•cr i� . ; •. ,
<br /> • anJ Lrn�ler or:tp�;i.aMc la�� �., `;• '
<br /> 1.� ' 9. lo5perticn. (.rndrr ur il.a�!cnl ma�� mal��ir+�,un:►hlr rnlnr.u;��m:mJ in.�xr�iun.ul thr Pru�xrl�. I.cnder.hall ;,��':''� ;�'
<br />, "���!� , .'1
<br /> �, , givr B�ttro��cr ni�ti�r:11 IIIC Illlk UI��I'rfNtt'IU un m.�x•riian.�vrih mg rca.unaMe cc�u,c lur the im�xcti�m. 'ti; •
<br /> .�+��'' 1 U. ('undemnutiat. I he��nw•rcd.�.I:ut� :ia:�rJ��r:I.um G,�d;un:i�r..dir:�; �,r r�,n.cqucnti:d.in cunncrliun��nh um• ,11:,..:-:'
<br /> ; ��;�, . .
<br /> , 1i1;'; ��'t`':� SmFkh.nmh F•roak�larFreddh��fucl�IFtIR�11��'fN1�1FY1' Iniu�io�C���.n.�nh 4V11 �p�icr?.N��/ue��� ' .
<br /> , . �n•.q I�nn W:•�n�..F�vn�„he � � .
<br /> t,�m*t�ed t��u��.�:.��Ud7:l f N��Io-Tq�l l n �•.,„h�
<br /> . )� ., '
<br /> . . � t • ' - � ��� �i�I i ��,� .
<br /> i ' �• , .
<br /> - , ' •i . .r�. • , _ , ,�•��� i
<br /> • •
<br /> r
<br /> �
<br /> . r
<br /> • �1 _. - - —
<br />
|