|
_�� - . . .0 � •, • . _ . ... _.... . ` `c -._`-`�' ` . ` �`. . : r `— . __ � .
<br /> . . <
<br /> -�� ' � �
<br /> , . L
<br />. --.�.�.,.�.--�-__..— _'t._ t - . . .. . . . . " . , - � -
<br /> . ' . T t_ .__-- —_ ` . . . .. l . � __
<br /> t _ t.��. . . : . . � . :_ . _ t � l- . � 4 . f . .. � ' L • . . ; .`` . .. i t . . �
<br /> 7 . ��`iJi���r �w�r������T i�i1G��MR�YwQ�i/��, ..
<br /> � appwa!wl�id��tt ea be�wtd�di..If Ba�o�er ia�l�a a�i�t�co�rer�e de.cnbed abor�La�der�%�t� �. .
<br /> Luder�o�tio�.aMw�coraa�w}�a�ect Le�d�er�iyMi ia lMe a ac�ard�oe iri�p�p��ph 7:� � , ,
<br /> ` Alt�arl�noe poLc�es aed rraewais�FI be sooepts6te a '�' r�ad sldN idcOde a st�adrd sort�e clwra lrader •
<br /> . . ' shi11 hre the`ti�Lt tu[wW tNe poiicles aad imewais.,ff liad�raquiee�,Aaeo+rer shafi p�aeptty pve a•Ls�nd�x al!raoeipla .
<br /> . of p�id pi�en►iums�od Rae�rat notias. Ia t�t aveat af tos�Borrawer s6�tt�vc proenpt aotioe w d�e is�raeoe c�ia ird , .
<br /> � l.eadec L.cadermry m�R�e poof of Ims if mt m�dq P'o�oa�ptiX!!Y Bocro�rer. . , � .-
<br /> :
<br /> -- IJnlesct��tier.�rd Bana�er ad�vis+t�noe ie v►�ru+�.uaa�proateds sh�slE�E�applied to iest�x�tiaa ar np�of: , .
<br /> _ ._ ._�- �rtP�up�ctg�:if tbe testas�tioa aF reMa.-is-eooAamieatt�r-t�ss�k aaQl.enda's sec+�it�►is mt k�a�ed. If_1ic. .-_-- --
<br /> ' idoo�atioa oo np�ir is not eco�omfCally fa�'bk aF Ixadertc savtity wauW De lesxaed.tbe in�anct pnncoed�slr�l!be �
<br /> � applied ta t6e wms s�ecwM 6y this.Sap�ity I�trumeas.wfiettKr or mt�tben duG witA any ezcess p�id w Baio�eer. ff ,
<br /> ' BorcoNrer�tb�odom.tiK Prope�ty.or does aot aaswer with6t 3Q days s ndice fiom l.ender t6�t d�i�aanoe c�trier bas
<br /> oRa�ed iQ xqie a cl�i�n.thae t.a�kr may cdlect t6e insuraacc pooeeds. 1.ender may�tbe p�oceeds�to c�e�ir a tesloe�e
<br /> drc Ptcpe�ty oe tu pry sums speu�ed by this Se�v�ky tasdund�t,wbether a mt thee due. 'if ie 30dsy period w�U de�ia�fiea
<br /> . t6e mtice e givrca. . • . , .
<br /> v,�Lmder aoa Bo�wer aheEw;sr sp�ee ia wMu�.�ny�pp�ication of pmcads w pci�iPd sh.0 oot e�aeaa or
<br /> po�tpone tMe due d�e of tbe mootWY P�9��refened oo in pNap�pl�t apd 2 or ch�nge d�e utn�t af dre pays�aM�. If . . .
<br /> aakr pasataph 21 t6G PtnpMY is acqui�od by!l�erder.Bamwess right to any iosurxwe policia aad pk�cecds�`
<br /> fmm�.to the Pt�ope�ty prior w the acquis�tion shall pass ut I�endec w the cxunt�thc sums secuKd 6y this Security
<br /> I�suumeet'�d'ix�iy prior w tAe acquis+t�oa.
<br /> f� �Oec�c� Pwesrst�. Mai�E�oe aN Pra�ectia d t�e F�; B�sra+.ei's f�w Ap�McNi�s;
<br /> I.auwli. HaROwer sh�U occupy.e.sqblish.and usa the Anpe�ty as Baaowa's pi»�ipal midem wit6in sixty dsys afier
<br /> the�xxutiou of tbis Satirity In`st�ument artd shall ca�tiaue to aocupy the ptopetty as SoaowePs priacipal tesidencc tor at ;
<br /> !�t a�e yar after the dne of occupancy. unTess 1se�xle► atl�envise ag�ees ia writing, wleish oansau sl�Il. not bt
<br /> un[ea��biy wi�dd,ar taiies.s axtenu�ting cincumsta�xes exist which ace beyand Bomower's control. Bamwer shall not �
<br /> � deauoy.miasge ar IInP�n'the PropenY,-aAow t1�e PmpertY to deteriorate.or canmit wss�e oa tbe Pnoperty. Bamwer sh�U ;
<br /> 6c in default if any forfeitnve�ction or pocadin&whether civl or ctiminal.is begun that ia Lendet�s gooc�6itlt judgment
<br /> �ca�ld ns�ilt ia forFeitwe of the Yruperty or otlterwise materiatly Lnpair the lien c�ated by tlus Setwsity T�ment a�r
<br /> ` Lenckr�sccutitY intet+est. Hatower map cute such a defauit aM tieinctate,as pmvided in�a�s l�►.I�y ca�g the actio�
<br /> or pcnceeding to be dismissed with a culies�that,in 1.ender's good fait�e detcrmiaatlun,P�ctude�6adeinue aEdie#3armwer�s
<br /> � imeiest in the YropercY or otlxr matecial tmpairment of the Gen aRated 6y this 5ecurity Tii�.��rider's security . � .
<br /> intenest. Borrower shaU also be in default if BorrawEr, during ihe loan applicauvn process,, ���'�aliy fatse or
<br /> � � inaccu�ate iafamwtian oi statements to Lender(or failed to provide Lender v�ith az�g�aterial infor�i��1tc�ectian witt�
<br /> the loan evi�ntced by the Note, including. but not limitrd ta,�epeesentations concecnmg Bo�irower's of the `
<br /> - Fmpeny as a p[�ncip�l nsidence. If this Secarity tnsuument is on a leasehold.Barowa shall comply with ala�visions
<br /> of tbc ksese. If Hact�nwer acqui�es fee title w the Pt�aperty.tbe teasetroid anA tNe fce tide shall not merge tmless Lender agnxs
<br /> to the me(ger in writin� ,
<br /> 7, protectio�ut i.e�d,er's Ri�ts in tbe Pra�ecty. If Bomawer fails to perform the covenanu and agroements
<br /> contained in this Savrity Insu�urtrcnt, or thec�e is a le,g�f praeeeding that may signifx�ntty affect�'s sights in tbe
<br /> Pioperty(such as a praceeding in 6aniwptcy.probate.fc�r candemnarion or forfeiture or to enforce taw-s ot�Iaiions),then .
<br /> i.ertder may do and pay for whatever as pecessary to protect tfie value of the Propecty and LeRda's rights iathe Prnperty. :
<br /> Lender's acGons may include paying arry sums secured by a lien which has priority aver this Sei�:-siry Instr�u�t;appearing
<br /> in coun.paying reasonable attomeys'fees and enteriag on�he Pcoperty to make repairs.AlthougG Lender p�ay cake aedon
<br /> under this paragraph 7.l,ender does not have to do so.
<br /> — Any amaunu d�sbursed by Lender under this paragrapt�7 shall became additiomrl debt of Barrower secured by this �
<br /> Securiry Insmunen� Unless 13orrower and l.ender agree to other teaaa of payment,these umounts shall bear interest from tI�e
<br /> date oF disbuisement at the Note rate and shall be payable,with inte�t,upon notice from Lender to Borrawer requestirc�
<br /> . PaYmen� .
<br /> & Mort�e Insnrance. ]f Lender requimd mortgage insurance a.c a cor.diaon of makins thc toan seeur�ed by this
<br /> Secvrity Insuument,Borrawer shall pay�he premiums required to maintain the r.rartgage insurance in effest. If,for any �
<br /> reasan, the mortgage insurar�ce caverage required by l�ender lapses or ceases to be in effect.Borrower�all pay tl�e
<br /> premiums required to obtain coverage substantially equivalent to•the martgage insumnce previousty in et�ec�at a.cost
<br /> substantiatlg equivalent to the¢ast to Boesawer of the mortgagc insurance previously io effect.�m.m an altemate mortgage
<br /> • �insuzer app�uved by Lender. If substsu��::;y equivatent mortgage insurance coverage is not uva;-�.,:,��e.Borrower shall pay tn
<br /> i.ender each month a sum equal to csne-iwelfth of the yeazty murtgage iruurance premium being psud by BoRUV:�er when the
<br /> � "ssisutance caverage lapse�or ceased to be in effect. l.ertder will accept.use and retam these payments ac a los�reserve in lieu
<br /> of mortgag�insumr�ce_ Euss reserve payments mAy no langer be required.at the oplion of l.ender,if martgr:ge insu�ance
<br /> eoverage firo c'ie amo�cnt and for the period that l.ender requit+es)prmided.by an insutet approved by Lender again becomes
<br /> .�- �-- ' Avaifais�axt is v�a's:teEf-Borrower shs�i pay the premium��eyuir�i ta otaiafain murt};ab�in.+usau�:e in eifsxl.ar i�i proviJe a• .•
<br /> �toss restr��.a�til the r�.qa:rement For mortgage insurance endc in a�rdance with any written agreement betw�.Sorm�►+�.;.
<br /> and Lendei or applicabte ta�a+. � .
<br /> 9. taspection. Lender or its agent may make rc�sonable emriew upon and i::spections of ihe Property: [:�;►der shaU
<br /> -° • give Horrower notice at the tim�.of or prior to an inv��tion specifying reasonable cause for the inspection.
<br /> �_ !� C.��odem�tloo. 7'he proceed,s of any s�•a:d ar claim for damages,direct ar conseyuenlial.in connectian with any' .
<br /> Singk F�unily--F�laie�1a�'Frtl¢d1e l�fac UhIY(IItN 1K'f'Rt��tErT--l�nitntm(ovcnant� II� I/wce j�jh pa�es i .
<br /> �'rea�laln Matris fain�lee.■
<br /> Ta UrAn Calk 1dD6,�7f19�90 Q FA7101679tJ131
<br /> . _ . . . ��.._.:___�y-.i-^-, --_--- :r'.tl£'± ';i' .���i:*1F `b:'_.._ts�";-�...--.- ,_
<br /> _ � • _ ___.'E�- - . _ . . >N.3 .�.- ,
<br /> .. . ..
<br /> :��-].� . . . • i . . '. , . �1 t -ffJ�__
<br /> �'"� .. - " . ' - ' . . . . . . . - . j+..�`y'
<br /> _4FtY.� ' � " . , , . . . . . . , � ', � •:i.��.'�:�
<br /> _' . '�� . �� . .. � � . - . � ' , - � .. . !`r,-r-
<br /> __ .: .
<br /> _. _ _....._ .... ... . . . ....__.. .... -. _ . . _ . . .. _ _ . . ._ ._ _ '_ . ._.. ' . _ '.. _ _ _
<br /> ._._ _` ' ' . '� . , ' _ . ' . . ' .. � � .r,,}�-' . . .
<br /> . , :�.t` . : . , " .. , . .. '� 1 . . � � , . '� . .
<br /> '�ti�� • . . . ' . ' . . • - •
<br /> .. " '(� � . .. . .� . . . � � . � • � - ' . ._
<br /> 5. . . . . . � .. . . . � . . . ' J
<br /> -•!.'. "*�:..'. . . . • , , . . � �
<br /> _-_:P�1 � . . . I . . . , � . . . . . . . . .
<br /> � ��. .. � ' i� - ' . . . . ., • ' . •� � - . _ .
<br /> �.i , , " � � . ' . . ' • . '' - . � . � .. . - . � . .
<br /> ._-r ��' ' .t' _ ._ . ..� ��s`�t3YiL._ . .� ,.� � . . '�� . , -r� .. . . . .._ .__ ._. , - �. . d.4� ....
<br /> — �
<br />
|