,- -.:+ . . .. .
<br /> ' ' �T.t' Jl,...• _
<br /> -- Ei?'� - =�- � ;f -.. - - - - -- - - . . - - _- .
<br /> --- . '- - L. .'^':a' 'r� - ---- - - -- - - - ,_ _._--- -
<br /> ._—�-� '_ ' . . . ` ....- .. - - . .
<br /> __�;'�,. . ' _ - _. _ . . _ � . _ . - � ;f�
<br /> _- _____ .:i�::. � . . _ " . . . . . _ . �' � � . . . . . .. _ .. ._ . �
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<br /> . � . , � ��:��9i�— 1U322�. .
<br /> paiod�da+t ce�er�+equ;nes.:'[�a�nsu�ca cz�rtier pruvidiog tbe u�ncc si�!!6e c6osen by 8ortowe�sabjecc w[+�dv�s °. .
<br /> appcoval w6ich sh�il not be uoreasonably witt�deld. If BomQwer f�iLs ta�maint�in coverage described above,Lender tt�ay.u,�
<br /> 1.ende��s optlon�abtatn caver+ge to pmtece I.ertder�s rigbts in t6e �n accordance with paragraph.7. - .
<br /> All instu�moe poliaes and irnewais shaU be aceepsble sa L�asd shall finctnde a standard mo�tgage clause. I.ender
<br /> sluill have the riglit m Aold tt�policies and ienewals. if Leadar rcquices,Bormwer shaU pmmptly give to Lender all raxipts
<br /> _ :-�____— �. _. —..-- -- - - -
<br /> ---—�F�id:p�tutm�s�d�ewai- -- -- --- --fl�.-Sasaucr s[�!-give pmmpt-ste►siet tofhe ins��nce�a�sier aod -- . _ _
<br /> l,e�deL L�der a�ay m�ako proof of lass if aot macle pmmPtlY by Bortower.
<br /> Unkss I�eader and Bo�mwer otberwise ageec in wrifipg:insurai�ce ptoceeds shatl be apptied to nstorutian oc nepair of
<br /> t1�e pt�ope�ty daonaged.'sf the cestoration or repair is toanaracalty feasiW�and Lender�s securiry is not le.�sened. If the
<br /> � nstayiaa ar tepair ic nat ecanomically fea�'bk or I:enderTS security would be lessenecf.the insurance pcooteds shall be .
<br /> applied w the sums secuned by tttis Sxurity Insuumtn�whethtr or not then due.with any excess paid to Horruwer. !f
<br /> Aairower a6mda�s the P[apetry.or daes not�nswer within 30 d�s a notice fmRe 1.+ender t�tt�i�ura�c�c cartier ln4.
<br /> offend to seuk a claim,tden Leada may collect tt�insurance pruceed.G L.e�dee mag nse tfre pmc�fs ca�.a ratae
<br /> • ":�F�nY�to pay smns sccured by tGis Socurity��wh�hu or nat then du� '[i�e 34dag per�ac�?�r1L�egitr w�
<br /> - - . :
<br /> t�'�i.�given. ----—= -.. -� -
<br /> ,.•;�r�'tTai��Lendec and Borrower ott�e�rise agcee in writing,any applicaaon of proceeds to prirtcigat sI�SQ�rak��rom . .
<br /> -- _°- -��absipone�the due daie af:rLe monthly payments eeferct�!to in paragraphs 1 attd�or change the amrnmt aPtf��.�, �';� - -
<br /> �-�gv -- :'��Y��F���r���Y��quired 6F E��Bamowu's rigdt i�s an�r ussntarice poticies arn�p���:�.
<br /> z •i°�fmm damage to the Rvpat�y:�anc ta tde arq,uisir�;�.d�i pass to Lender to the eistent of the sums secaced�g rJ;'�i��t.�:� . . _
<br />=;r"�' .` Instrwneat imtnediately priorto the a�cq�� :;`.: �'. : ., , .`,; �.,- -•�'�
<br />_� � p�y, p�;..�:��ud F'roteetbn ot the PropeAy: Borrower'; �aauc::�*-
<br /> -`�_`�" � IRase�olds.�Bormwer shall occapy..�.���the P�iapercy as Sormwer's principal residence wiil4i�,�� �days afiet
<br /> -_- = the execution af this Security Instrume�it a��,�.�nue to as Boirower's rin �.'�nce for at
<br /> �PY��Y P �:... �
<br />_-^�-� :;+'' least onc year after the date uf occii�aiicj�:-.��:��.eadcr�atherwise ag�ees in writing. which c4nsusf:.:a?a31 na 6e
<br /> • ` < < • an�rasonably withheld,or unkss extenw�tiag cm��:�st�sces eaist whish are ond Bornnwer's cantmf. �pr�5i�,�shall not •
<br /> rr' �'� . ,a:
<br /> ckstroy.damage or impait the�g'.��t1��Y ta de[eciai�ee.or cort�mit waste on ttle P�oPertY:i��`.�cr���sM.�l�• --
<br /> lie in defautt if any forfeiture acti+�i:.m��di�g..whethec civi�ir��ninal,is begun that in I.ender's good:t�ish jw���?tetik = -----
<br /> � could resuit in forfeiture of the�'�yicrty or othetw;se mateii,�l��ii�air fi��ien creaced by this Secumy;It3sfn��ar,� �_ _-
<br /> l.ender's seeurity interest:•&xrower ma�cure suc6 a�.default and rti��s�e.,��arlrided ia aaraSraFh I8,�€.�3�'��'se��oa ' . . _
<br /> `�' ar proceeding to be dismissed with a culing th�t,nu G:�der's gaod faith detesrti�auon,precludes forfeituren���$orroRei"s �
<br /> .� . . ,o..�=__ ,=
<br /> .. � , inte�est In the Ptoperty or oiher m�rt�,'1 iSUPa�as,:"of the lien cr�eated by ttus Security trJstrument or.Q.er�der:s se:ur�cy� "``-,,_•,�_.,�-
<br /> - intee�st. Bort+nwer shall also be�.���. `•t��:�Jstower,during the toan appfication prace�c, gavc.mat�zialfy_fa�t ai =-�_---
<br /> _ � . inaFcurate infocmaaon or statemenEs;at�lu��;!:�i�'ailed to provide Lender with any materiat infarmatianl in cqnnectiar�;�ith �� _-
<br /> � the laan evidenced by the Note. if�i..�yuiiis�;.'&'z��^.pt limited ta, tCpresentations conceming $atrawe�'s oceitp�ncar.af�;tie _ =_
<br /> � :;;:�: Property as a princlpal resldence. [f t�Ti�:S�ai�ff�ument is an a leasehold.Botrawer sha11 comply wjthi,all t(te.provisions -- -
<br /> � , of tl�e lease. If Harroweracquires fee qif�:�3=��tr�eity.the leasehold and the fee litte shaU not mcrgc.ut,f(e�s.Lertder agrees ____
<br /> �� ta the merger in writing. � ;: . ` ` : . . ' �•".:``�"°°--
<br /> • 7. Prntection d I.eader's,��.ia the Property. If &�*ro�ve�fai'ls;to pecfarrt�.>the covenanj.s;an�ttgreemerits ---
<br /> " contained in this Security Instruniax'�:�r them is a tegal pcacc.�r:�,that roa}�,significun�t�._affec4 1-ender:s rights`in tiia -..,,;;-��_:
<br /> Property(such�a proceedin�r,�1�aa��ruptcy.pro6ate,far cortderr�^.iai}or fcvfeitute or to a��orte laws or cegulations),i}ien v��"--�
<br /> + ' '<r--- ._...,�.
<br /> Y E�.�l , rY P , 1�Y €�,. PertY• ,•f a....,.-,,:._.
<br /> Lender ma do and a;Y`nr:what�•es rs necessa to rotect the value of th.°�Pro anil licfdder's ri ip the Pro . t, ��._
<br /> ,.,.,.,,...
<br /> , 1.ender's xtions may's"r�.lr,;��pay"u�any sums secured by a lien which has pcionEy over this Serurity lrtstramenb anpearing �: :,::��^�_
<br /> .>...,
<br /> �, in caurt,paying reu5a7iara�:attnin$ys feez and entering on the Property to make repai�.Although Lender may talce action �:'�y�'�
<br /> ., 1.�.-,
<br /> .� under this paragaph 7.Lender dacs no�have to da so. - .. '';i£,�:;��
<br /> . ;,�,:_,
<br /> My amaunis disburced by t:endei under lhis paragraph 7 shal l become additional debE.of Barrower secured by this :•��1,.�3„_°:
<br /> • ..;,.,.,,_:,
<br /> Secudty Instrument. Unlesc aorrowei and Lender asree to other temm of payment.the�e amcx�jix4+hail bcar intemt from�he ..����)s!;�•
<br /> �;;�-�.:�_
<br /> � date of disbur.cement at t6e Nate rate and shali be payable,with interes�upon notice from tender to Ba�tpwer retjue�ting :• .�.:._
<br /> ��m ,, _ :._ �•,.:.
<br /> . : .,. :; :u.=-
<br /> � S M e Insuranee. If l.ender a uired mart a e,insuranre ati a conditian af makin ihe te�an.,r�CCUreA b thi� ' %7��:�`:
<br /> ., �S h S E � y . :.';«,.;,:
<br /> :�; Sccurlty InsuumeN.Borrower shall puy thc prcmiums rcquired.ta maintuia the martgage•i�`urance in effecG If.Cor:dny ;,, . . '��;:'
<br /> '`;;i��.:;;,
<br /> reaxan. the mangst�e ia�urance covCmgc rcyuired by l.ende:.tap�e� nr cease� to be in•oKe�t. Horrawer ,haN p�} �hc � �, �',.��jJ,,,;�;.f;;
<br /> ° ptemiums requirecl to obtain caverage�ubti�antially cquivalent•io the muRgage inyuraace prayi�usly in effecl. at a eost � ��; �y�;;`:',"
<br /> - � wbstantiaily eyuivuletlt to ihe c��.rt to Barrawer of the mortgage in�urance previqutily in�ffect,from'an aitemate mongage , {� : .
<br /> . insurer approved by Ifindcr. If�+ub��antially eyuivA�rnt martgage insurancr cn.ye�►gc i�nat av.�ilabie.8attbwer shali pay to "� '
<br /> � �. l,ender each month a sum equal to ane-t+veltth uf the yearly mortgage insurancc prcmium being paid by�oaower when ihe �' .•
<br /> " insumnce cavera e la sed ar ceased to be in effect.'Lrnder tivill accep�,u.e and retain�hero payments as a ta�s reserve in lieu �';'.�(''�;''�";'�-;;
<br /> s P + ,
<br /> ��,.
<br />' . of mortgage inrurancc. Lo�s rc�erve paymentti may no tungcn c�reyuired.at thc��pti�m uf l.ender.if m�►rtgage insurance � �,rtik,J�__.
<br /> .1, „
<br /> caveruge(in thc amuunl.+nd for�hc pen�x!�hal l.rnQer rryuir��►prov�ded hy:m in�umr appr�vrd by l.ender again became� �,��°f
<br /> '. avaitablc und i!�ab�aincd.Horraw'er shatl pay the prcmium�rcWuired��ma�intuin murtgage inrur�nce in effc'�b cu to ptavidc a , ���'����+'�'
<br /> ' . losc reserve,umil�he reyuirement fnr�nurtgugc in�uruncc rnds in accnrd.incc��itb.iny.criuen agreemem hetNren Borrowcr ..�.,.�� �°
<br /> and Lendcr or applicablc la�v. :��'f i�;
<br /> �.. 3.
<br /> 9 Incpectbe. l,cnder or its z�gcnt may makr rrsiruitable cntrir�u�x�n and in��cti�m!.ui'thc Prapcny. Lc:ndrr rhall .'. ,`. �,,.;'{;:.
<br /> • ' •.;,;�;«;..
<br /> � , give Hatrawcr nuticc s�t�hc time��f<�t priur tn an in�prct}an��i Yj in�rca.anaMr ctui•c fl�r the.im�xctiun. ' '��,:�.tt:•,�,:':�.
<br /> � `. � �r ,;,,�,;,�.;.,..
<br /> 10. (.ondrmtr�Nnn. 'fltc pracecA�u1'any u��ard ar claim di�r�3amaso..Jia��:t ur cun,.yqa��ntial.in c�nncctioo wifh imy :.,;,�,>.���j;.�;�.r��,.•.
<br /> . . `...r ' `,-"tiinglc F�milv...Panaie�f•rwTr.c�l.dir 3fx[_\[2�itft�l I�ti'I'RL'�lk*�P:-l'nii�unj(.'u�.P�r.t� 9t9Q.r��10+�,1�,ju�Lni jjt{�t c�t,���i��st'i:
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