|
{ , . __- . . . '
<br /> � r �
<br /> --'
<br /> _ f
<br /> {f% _ . . '" . . :: \ -._._
<br /> *��../� _____ _.
<br /> _� �,19•��5YA'AFiY'- -t{ !i � i 1� . ._.___
<br /> . periad�thet Lender ulrqa. 'Rio Inswmce wcler vlEing U�e Insivanco�hoit bu CUoswi by Aortpwe�suUJ eo8��p'FxnEer9 '`�'
<br /> apprpval whlah ehal pot be un[aasonnbly WINAoId.Sif$oaower faib j0 matnw pov9t�a de�c¢ped aDovtrrJ,d�id,et�nny�at . :; ,
<br /> _: I.enderhop�loa,obtafnwve aropmtxtLendubdgU,u'NthdP rtyin rAenoo thpuegrep�i ' � __
<br /> p���n:umnoo poucien�rcnewat��hau eo eaoptabtbro t.an�d erie shau tneNdo e swiaazdmodgegd��ieuqe, LenAet
<br /> � sha11 have�he dgllt ro hold O�e polieiea end renewafa If Lender rcarylra�.Bortower ihall promptly glve toLenQet e11 rWe�ptt .
<br /> � oi pald pnmiums and rtnevnl noNae. In�he event of Cob,Eosmwn efidl glve prompt no�fce ro�he Insumpca i�rttet u�d -
<br /> I.ender. Lendermaymakeprootoflo�ifnotmedoprompt�yby$orrowu.
<br /> Unleas Lsnder nnd Bortowerothuwiw�gw in wrRing,insurence praoted�thall Ee epDltCd to testot6tlon or reytlt Ot .-
<br /> - -=-A the Pro rty dumagM.U the�estomtlon or repaU ie economieally fcastblo and Lenderb sccurity tA not Iesseiic0. ll Q�e '
<br /> ,.._ ._ ,
<br /> rts�omt on or ropdr le not aonomtcNry feasiblo or 4cnderb seci¢Iry would bo lwaened,�Iw inwranco proaeda�hal1 ka. � '° "" ' ' "
<br />___- appliW ro mo wms suumA by�hfa 3aurtry Inakumony whe�her or not then due,wUh eny ozo6be ptid lo Ddrsow2'r. it,
<br /> �=-!�g Bortower ebandona tde Property,or dara not answer wiihin 30 drya e nadce from Lender thet�ho Inaiuenco eaniet hae
<br />-���F36� otfued to settle a claim,then Lender may oollect Uw inaurmce proxed+• Lender may uae tho pro�eede to royalr or[esrore .
<br /> i�r::u,� the Prope�ty or to pay wma caurcd by�hii Socuriry Inevumenr,whuhor or not then due. YLe 30�dry perlod wlll begln whea
<br /> -��'^"•<,,;�?� �he notico ii given.
<br /> - �;,'�N��ra Unlws Lendtt end 6ortower otlxrwlse�grea!n wr(Mg,any rppliution ot proceede ro pdnc[pal�hall not extend ot
<br /> a� postponc�ha duo date of tNe rtwntNy paymenu roferted ro in paragropha 1 and 2 or ekange Ihe amount ot tha paymcnte. if '�'-- �
<br /> under pazagreph 21 the Property A acqulrcd by Lender.Bocrowerl dqht ro eny inaurenca poliotw end pracceQ�rosuttlng
<br /> ,��� from dnmago m tlw Peoperty pdor to�he acqui:idon shell paw to Lender ro the axtent ot the�um+secured by Ihia 3ecvriry
<br /> ,�_�sN_� Inauument(mmcdieroly pdono the acqu�idtlon. _
<br /> �_::d�;,v�� 6. Occupancy, Preserretlon, Meintenentt and Protectlon of the Property; Qorromr'e Loan Appllcallon�
<br /> ;;_,;;g;;,; I.eaaeholda. Dortowar�heil occupy,esiebliah,end use the Property m Bortowerb pdncipal rtaldence wtthin six�y dayo a1tFt
<br />` •��` - - the executlon of NB Secudty[naimment and shell continue�o occupy the Property aa�orrowerl principal rcafdenee for et
<br /> �����'-�- leest one yeer eftu the daze of ocapancy, udesa Lender otherwlse agreea in writlng, whfch eoncent �hall no[ be .._-____.
<br /> {�'3'��}�;� unreasonebly wtthheld,or uniese extenuating circumstanca exist which aro beyond BomowerY conwl. Bortowet ihall not - .
<br />.r��t�j�<f,, deatroy,damago or impafr the Property,ello�v the Property to detuiorero,or wmm(t waste on tho Property. Borrower shell =�---
<br />_;,,�s, � be in default if any foReiturc ectlon or praceeding,whethereivll or cdmind,la begun that in I..enderb good fahh Judgment _ _
<br /> ''��-u � could msult in fode[ture o(the Property or othenvise muedalty impair Ihe Iien creeied 6y this Secwity Wnument or --
<br />":�4�'��j�'� Lenderk accnriry intercat. Bartower may cum�vch e defeult end reinstate,a+providW in p4ragreph 18,by causing Ne ection
<br /> _}.., ,,. y-
<br />,-���iy'F�+'"'�;.y nt rcs�t io�he Propeny�o�ertma[edd8mpilmrcnt of�Ihe Ilen c��reated�by thh SecuPrity 1 av Bn�NOr�I.ende 6�aecudty —
<br />";'}�;��' inrercac 6orto�ver shail atw be in defeuit if Bomowu,dudng the loan epplication praess, geve rturedelly felu or ""
<br /> °�"��,�.� inaccurete in(ortne�ion ar steeemrnts to Lender(or feiled m proride Lender with eny mataial InfortoaHoN in connxtlon with -- -
<br /> t t�
<br /> ,,,� i}}5�;.� the loan evidenad by iho Note, including, but not Ilmited to, rcprcsentetion�conceming BortowerY occupancy ot�h¢ ---
<br /> '^�>-t; 1'ropeny as a pdncipaJ residena. If th4 Security Instmment i�on a leasehold.Bortower shail wmply with ell th¢provlsions
<br /> --f w'%x��:�: of the leusa ff Dortower acqulres ke tllle ro�he Ptoperty,Ua leasehold nnd the ke HUo ahnll not merge unless Lender egrseo -
<br /> 1 � _
<br /> -- �a�hc me`ger in wriiing. -` -
<br /> ,� � ,' 7. Protectlon ot I.ender4 Righte In Ihe Propertr. If Bortower faiis io pedorm U�e rnvenmu end agrecmenu �
<br /> u��j��. mnteined in �his Securiry Instrumem,or[herc ia a Iegel praecding �ha[may iignifieently attcet Lenderb dghu in �he "'�'�� -�
<br /> r'i� k�" �P�rty(such as e proceeding in bankruprcy,probata for condemn�tion or fodeiturc or ro enforce laws or rcgulallona),�hen ` �+" -
<br /> l.ender mey do and pay for whatever is necessary b pro�at ihe wlue of�hc 1'ropcny and Lcndttk dghu In ihe Property. ��-�F "
<br /> � -P <_�i= Lenderl ecqons mey Include paying any sum+securcd by i lien which hm priority over this Sewrity InsWmem,appeering U�}• _._
<br /> i � '�.. in court,paying reasoneble airomeys'fan and enuring on ihe Property to makc rcpain.Al�hough Lender may teke action �s`��j
<br /> � i �- undcr this paregrvph 7,Lendet das not heve ro do w. -�'#�rr rc �
<br />__#l_#,�('� Any nmounu dis6ursed by Lender under�his paregrtph 7 slull become additionel debt of Borrower aecurcd by thia �;-_;i�� ?-
<br />:::�t..�F:�: '�v_aF..��.,:_:.
<br /> ,, Securi�y Insuumem. Unlcss Borrowermd Lendcr ugree roo�her terms of paymem,thtu umounts shell heer intereat from tAc ���s,,.f,.-�
<br /> ,. dntc uf disbuRCmem et�6e Nate rate wd shull be payeblq wi�h imercst,upon no�ice from Lcnder to Bortowtr aquestlng :�`��';y -
<br /> �"Y(r-i, pnymem. �"(���fi' "-
<br /> �u"' R. Mort n e[nsurance. If Lender rc mrcd mon � c insunnce ac a candition of makin the loan secured b this •
<br /> .�4. ' B 6 9 � B B B Y �' �`,{��
<br /> :��., - Sewri�y Instmmen4 6ortowcr shall pay thc prcmiumx rcquircd w m¢intain�he mortgoge insurence in e(kct. If,for eny -�'„ti�,{„ + :��
<br /> - ��;'- ' rcawn, the mort u e insuranw mven c rc uired b Lender la s or ceuses ro 6e in eRect. 6ortower :holl �he "�?•:�k-_-'--
<br /> .-. . . B S 6 4 Y Pu• P8Y - - r,,.,.
<br />--�.y�<,;se�::� ; prcmiumx rcyuircd ro abmin covemge substentially eyuiralent to�he mongage inxumnce previously in eRat, at a cost ;���en;.��'c:-�.
<br /> ,y � �.• subs�mtielly eyuivnlent to the cos�ro Bormwer of Ihe mnngage insurunce prcviausly in efkc6 from an oltemaie mottgx6e , z'�rJ�a.�,__
<br /> �. �,.,,i i insurcr appmved by Lender. I(suhstnmiolly equivntent manauge inmmnce cove�age is no�arniluble,Bortower shull pay�o „ - yyt�.--
<br /> "+�ss;'� � Lender each munth o sum e uul to onru�xlflA of the eml mort a e insuance rcmium 6ein aid b Oorrower when the :=�'`'�.'�%��;(-�-
<br /> � : 9 Y Y SB P SP Y r w.. . -.
<br /> i t insumnce covemge lop.ud orceuud to M in etfen. Lender will necepi,use and re�ain these payments as a loss reserve in lieu L��'� � �-_.
<br /> ,�� �y��� of mongoge inmm�c. Losc rcscrve wymems muy no longcr be�eyuircd.at�he op�ion uf Lender, i(mongage insurancc [ ---i•'4z -
<br /> � k .• mvemge(in�he mnoum and for�he{reriad�hat Lender reymrcs) pmvided by an imurcr approved by Lender again becomes ar _� �f
<br /> 7''��ff �� availabic and i+nbmined.Bortuwer+hall pay�he pmmiums nyuired�o maimain mortgage insumnce in effec6 or to pmvide e - -•-
<br /> r��'�f�. lus.rnerve,until�he rcyuircment(or mongage in.urance end.in acconiance wi�h any���riuen agrcemem benveen 6orro�mr f- -�� '
<br /> .�.r ir�i.. �ndLendcrarapplicablclx�v. :.�.�,t�.. _..,,��.
<br />��2•;�i��.�'."� 9. Inspec�lon. LcnJcr or ilx ngrm may makc ma�nnaM1lc cmrics upnn:mJ in.�aelinnx of�hc Pmpcny. Lendcr shall :�,
<br /> `�'.S'l:r::::•I give 6orto�ver noliae anhe time of ur prinr Io an m�peciion�peci(ying reawnahk cau�e(nr the inapec�ion. -
<br /> ':?t^•+r�':' 10. Condrmnatian. The prerecd.nf anr aaard or daim fnrdamage.dinr�rn�vmuyucmial.im m�nection wi�h any
<br /> _:::�'i", �".;:'. �.
<br />- :�":I timpkFamdy-HnnieNnrFrMdie\I�tlY1FOR\11Sb7NC\tE]T-t'nn..m�CO�enam. 9N0 �ryer?..lM1ryea� . • .
<br /> J!, r a wnl�.�w ram.ln O . . . .
<br /> �- n.:earia� �+mirorra�rraaa�av�.�m
<br /> S i: I �:. �
<br /> 'r:,�: ! i
<br /> ���r .
<br /> l`�,s'', _ _ __
<br /> . . ..g•x'_ . . .- . ,.. . . . . _. _ - . . .:'i- . . . .- , . .
<br /> ' ..v_ :
<br /> y:..i�-. '
<br /> ':�.•i ' ._.
<br />, ..� � I
<br /> � �- -.- . . . - `} .
<br /> . .� . I . . . . - . .. . . . .._ . � _. . .
<br /> J
<br />
|