|
� ,,,__-.._.�,,,,,�,�.:_ :� �.,, „ . `Wi'�'^.` . .,,^
<br /> , .• !'�,c'.•. �
<br /> „ . . � :tt. �'�.�,•
<br /> f_, � •. `'.s,,--• � _ __ _
<br /> II'1 �� -- _
<br /> :': , k;. ,�•. , ,
<br /> _� > 91-� 102$1�
<br /> , �
<br /> periocls that Le�xle�rcyuiroa. The In.rumncc caMer pmviding�he insutance Rhall be chosen by H�mnwer suhjcc�la L.undaS►
<br /> ' nppmvul which shAll nd be unrca�,nnubiy withheid. lf Borrc�wer failx to mulntain covernge de�u:riUcd�havo,Lender tns�y,at r
<br /> � L,ender's oplion,ob��ln caveruge�o protect Lendcrk rfghtF in�he Propeny in uccordance N�ith pruugMphl.
<br /> Ail inxur�nce paliciea nnd renewnis.hall 6e uccepts�ble ia Lender and xhull inciudo a stundunl manguga cluuse. Lender
<br /> shall fwve Ihe�Ight la hold�he policiea�nd�enewals. IF Lender rcquires.Borrower sholl pmmptly givcta l.endcr pll reccipis
<br /> �f paid premiuma und renewa�noticeR. In the event of losx,Botrower shull givc promp� notice ta the inxuto�ue carricr and
<br /> Leode�. Lendcr mny make proat'of lu..if rxit ma�pnmiptty by Borrowcr. �
<br /> .:, < Unless Lender and&►rrower cuhervvjse o3rce��wriUn&insuronce pmceeds shall be applied�o rcstoreliun or mpair af�
<br /> b 3 th� pi+openy damage+d. if�he restorudon ur repsar is ecunamicully feusibk r�nd Lender h �ecurity is not lessened. If ihe i
<br /> '•`� ' restamlinn or repair is n�x��conamicully feacibfe or l.endcr's secu�iry wauld be lexscned,the insur+uice proccedx vhall be
<br /> - � applied to Ihe suma �urcd by this Secu�i�y Insuument,whnher or nat�hen due, with uny exce�s p+�id io Barrawer. If �•.
<br /> °'��''� .1' Borrower ubundons �he Property.or does not un�wer wiihin 30 dAyx u notice from l.e�der that ihe insu�ance rurrier t�as }�:
<br /> - ---:.�.,:;� offered�a�eale u cluim,lhen Lender muy collert�he fnswunce proceeds. Lende�muy u�e�he rnx ced.� ro�epaie or ce�:wre ��"
<br /> .. :� ttie propeAy or la puy sumx uxurcd by�hi�Securily IiutrwneN,wQether or nat then due. 7'IK:�D-da�• period xril!begin wl�en
<br /> _- ° the c�otice is given. �•'
<br /> �'�'"�''-''*-+?°`- � Unkss Lender and Barcower othenvise agree in wrili�. ;my upplic:Nion of proceed+ta prinr ip�l shull not cxtend ur .:.
<br /> �. ,_�;::�r,'i�ir.. .
<br /> �•, A.-�+J pcistpone�he due date ot'the mc►n�h1Y pnymems referred to inpumgaaph. 1 u�xi 2 or chunge th�aTm•unt af the puyments. If �l;
<br /> �.,.:.v�..,. �,..
<br /> �,;,t,�;�""� under paragraph 21 the P�apenY is acyuired by Lerxter.�otrowert ri�ht t� :uty insutance paliric� and proceeds resulting
<br /> irom d�mage to the Fh»peety prior Io the acqui�itkHa s►�aJ,l pucc ta Len�ier to tt�ertcnl oi the xums tiecured by this Security �%.:
<br /> — �dh;e)i:.�: `, .; _--
<br /> ����.�;_s:�� Instrument imro�iatrly prinr�o the u�qu'isition, —
<br /> . -_���±'T�.�.. 6. p�p�ncy, Preveiwallon. MaiMenance p�� Protecllan at the PrnpeMy: Borrower'� Loan Appllcatian: ``
<br /> :=:��ti�"'�+'"' �,epse6old,�. 8orrower shull occupy,esuibli�h,and u�e the Propen�•a+8orrow�er�principal rexidence within sixty days afkr
<br /> - -----a.+•- `:�•
<br /> °_-°---^:,�..�.� .� the exerutic�n of this Security Instrument and shall�ontinue a oceu�y�he Pa*�n�as Burrower's pri�eipal rcwidrnee tcx n't _ `��
<br /> ;ry.�: --
<br /> ,;z��� s lea.,t ane year ufter the dute of occupancy, unlc x� �Lender otherwi�e uF�es en writing, whict�cansent shaq aot I►r
<br /> _ - � , u n r e a s a n u b l y w i t h h e l d,o r u n l e r+e x t e n u a t i n g c i rc a m ustances exist which urc be.cmd 8orrower�cantrol. Borrc�t�•;r shall no[ _►`R�'
<br /> * •�'�`�C.�� destroy,damage or impair the Piropeny,ullow the Pnr�npc.�y to deteriorute,ar commos wutite on the Praperty. 6onower+hu l l - -
<br />-T"° ,��, �� �� � ,,;? be in default if ony forf'eiwre actian or proceeding. �vhr�her civil ar criminul, is h�:gun Ihut in Lend�.r;�aad fAith judgment ---
<br /> -__ , :�it:s��„�x'� cauld mxult in forfeiture of�he Propeny or otiienvise mnteri�lly impair�he lien crcated by this 5ecurity Instrument or !�-
<br /> �,'�+ � Lender's recurity interesl. Borrower may cure such a defaull and min,LMe,us provided in p�graph 18,by causing the uction _
<br /> '';+,:s � . ,^' .
<br />.-�.;'Y5 �,�;; .: -. or procecding to be di+misusd wilh u ruling Ihut.in Lender�goaxi i'nilh determina�ion,precludes fortcimre af the Bnrrower; �_
<br />�.�,�_,., , . intercst in ihe Property or oiher material impairment of tFx lien crcated by thi�Secun[y Inrtrumenl or Lcrxler� securiry
<br /> ���,,�,;;, ,,••.+� interesi. Bormwer xhall ul.o 6e in defuult if Born►wer. Juring the loan upplicmian proce.,,gave muteriully false or �_
<br /> - �,. �,«.$; . .. , �
<br />-_:=�,� ,a;;;.;���r ' inaccurate informalion or titatements to Lender I��r fuiled�o pmvick l.ander with any material informutian)in connection with
<br />`;;r:� ..;.n., �,r, iit� loar. �ci�nccd by 1lte Note. including. but nni limi��l�o. renTe�enwtionw cancernin� �3��rcawtr� accupancy of the =_-
<br />��}' •�),, ' `.,�,_, '�,,4`�:;,: Pmperty a.u principal m.iJence. If thi.Security Im�n�ment ic on u iea.ehold, Boaowor xha10 mmpl y wi�h alf the provixions
<br />::�����'`° '° � of�he Ica.e. If Bormwcr ucyuire.f'ec�iUe�o the Proprn�.tt�leav�hol<d und thc iec�itte zhall not merge unlexs Lender rgrees
<br />_�;�4��,� Y�,�:''� to the mergcr in writing.
<br />.�-'�:.;.� `' ' 7. Protectian aP I.ender's RiRhls in the Property. If Born�wcr iail�to perf�rni �he covcnuntti and ug�eementx _ _
<br />-'��`;��'' • •� "`'..• eemtained in thiK Securiiy Imtrument. �►r tharr is u kAul prcxeeding �hal muy �igmt�c•rody aftecl Lenderz right� in ihe
<br /> . '•„
<br /> '1{ ;� .• ',�. � Property tsuch us u pr�xeeding in b•rnkruptcy,pn�bate,fi�r caNlrmnation or forfei�urc or to enforce luw,�►r regulutions),Ihen
<br />::,.,.. �;,a . Lender muy do und p•ry for whotever is necr.xury to pnxeci the value uf thc Pirapeny unJ Lender's ri�hi.in the Pm�xm•.
<br /> • Lenderx uctions rnuy include paying uny+um+tiecured by :�lic�which hu.priorily ovcr ihi�Security Inslniment.appeuring
<br /> �..:��: ` �� in cauh.paying reusonublr attomcy+'fec.and rntering �x� ihe Pmpeny a�ms�kc repuin. Although Lcncier roiay �uke uc�iun ; -
<br /> � under thir:puragr�ph 7.Lender dcx+not havr to dn.o. _';_,.
<br /> �•• ,:,�v�� � •���,' Any umounts di4huned by Lrnder undrr �hi.r• paragrn�h 7+hall Ixwomr uJJitiunal JeM ��f Bcxmwer �ecurcd by �hix �
<br />',��1� ` Security Inslrumen�. Unlc..Borrower anJ L.rnder u�me ta uiher tcm�+ul'p•rymcm,the.e um�xmt�+h:dl t�rur imerex�frnm ih�
<br />`'::�• 1'. .�' �" �� date of dirburscment ut lhc Ni�te rute •rnd .hull be puyublr,with intere+t,u�x.n m��icc I�om Lrnder lo Bormwer reyuctiti�g ���
<br /> :��.� Y•,�' .,�� �
<br /> ..;,..,.. . puyment. —
<br /> ',.::�+..,. , d by 14�:; —
<br /> ' ;,�'��•�... � S. Slortgnge Inxurunce. If Lrnder reyuircci mnn�!aEe in.urnncr:R :! runJitiun��f muking the laan ,ecur� ��_
<br /> �';�p., ' 5rcurity Inslrument. Born►wer.iwll pay �he prcmiumz rryuirrd ai maimuin thr mung�ge in�urunce in efliet. II'. for a�a}
<br /> , reason, the mortgu�r in+urance ri►vrt�ugc reyuind hy l.rrnler lap�c� or rcu�e� u� tx� in �ffecl, B�n'ower �hull puy Ihe �s
<br /> �� � pmmiu�s rrquireJ tc�obtain cover•rge +ubs�untially eyuivaknt 1ii Ihe mort�uge in.uranee pre��iou�l)� in rffect, ut :� co�e
<br /> _ +�• ' sub��aniea9[?, equivulen��o Ihc ro�l tu Burrtiiwrr nf tlw n�unEa�r in.uranre prcviuu,ly in rltect. Frc�rn an alternatr munguFe —
<br /> . :`.: °' imurer up�+r���d by l.endrr. It'.ub+tamiully cyuivulent m�►ngugc inwr•rnre cu�rragr i+nut nvaiWhtc.Bormwer,hull pay to .�:::
<br /> . � .;�,, �a �.,. Lender eudic r.i�,••,h a�um eyuul lo onr-lwrlflh uf Ihc�rarly mungagr in+ur.�ncc pmmium hein�: {u�d hy Burro«ar when Ihc
<br /> insurancc cc*yc,.._�:;.��k;l urrcaud to hc in r(fccl. L�ncler�rill arrrpt.uu an�re�nin thr,c p•r}mrnt,r:�lo,ti r�.�n•c in lieu �-.
<br />�!:=;, . U��.° of mongAge entiurartcc. Lo..m�crvc paymcm. may nu k�ngcr Im rcyuirrJ, at ihc apli�+n ot Lra;lrr.if mongage in�urA�:r _.
<br />..'. �� � ' .. „ . f�r� covrrage Ga�the s�rouunt unJ ti�r�he�xn�ni thut LenJcr rcyuim�l pn�.idrd M• :m in,urer uppr�•�.�c.�bvLender�g•rm lxromr., �`_
<br /> •=f:",': • � . '��.�'f,�!:�• avail•rblc u;xQ i±ob�ained.Bom►u•cr.hall pay�h�prrmium�myuircJ t��maintuin monga�:�in.uTan�c incficr�.nr tu pn,cick u �-_
<br /> �"�'�� ' � . • lo��rcscn•e.until the mquircmrnt tiir mongugr in�uranrr rixl� in urc��rJt�nce With am ariurn aLn��nkrn Ixt�cern Burc�a�e °'�:
<br /> - '.'.• and Lcnder nr applir•rblc I�w. �V
<br /> ,ti� � • . •.�.," 9. laspection. Lrndcr or i�.aecnt ma� �nrl�r rca.onabl�cn�ricr u�x�n .m�;in.�rlinm��f thv Pr��Exny. Lrnct�r:h:cL't
<br />':��'� �', tj� give Burr���•rr no�irr at�hc timc of�,r�rinr lu an in��rti�Hi ykrdping na�nn:�hl�rau.r t�,r th:em.pecuun.
<br /> , . � 10. ('ondemn�tloa. The pr��.��J. .�C am aN:uJ.�r�•l�irtz":�- :.im.�gc,,�lirett��r r�m,t.�urnurL m �•anmrhon���ch.ur. .
<br /> � ' timclr 1 amrt• _F�nnlr�fue F'redJ�e\tucl 1YFtiokN I��I IG�1�L�\� ..I nU�ma l'.�.,n.�w. 9�9� �!aie�•t.,l�yr�e��� �;
<br />- �. �a�l�Jn t+u.�N i ann-Irc-�
<br />. ' 1.���dt�a0 Ir4:k•'�!'�t .1•1\hltiT+Ll l 11 �ti�:'
<br /> 0
<br /> �� '
<br /> i
<br /> c_ . , . ...� f; •���:fi.1�J1��Ni�F.�'C�:RC:�1'Y. �
<br /> . 1`Tr..—.-.—.-:�---- � . . ... ')i :;1`� � . .:t . . , � �
<br /> .._ , , . . � � .., � .�.�o . .
<br /> .. 1 � ' � � . � . " � � � .
<br /> � '
<br /> ... �
<br /> �J . . . . _ . . _.
<br />
|