|
�. . � _� _ _ ,. ..
<br /> M , . _ .... _.
<br /> __ _
<br /> - ' �.'k4� ..�... ,.. . __ � .
<br /> , , . �,
<br /> .. ,. 93" so�1�3
<br /> period�tbu l,endct roquircs. Tho inrunu�oe curier providing�he inr�noe sh�ll ba chaen by Barrows�wbJoct w Lenckrti
<br /> �m►wd whkh�Iwll na be wMeara�ably wlthheW. IP Barrower idl�w mpintain coven�e de�cribed wlwvc.t.ender rr�y.u
<br /> Leederb opion,obWn cover��o to p�+ntect Lendcrt ri�hts in thop�p�ty in�ccad�nce with ppr�graph 7.
<br /> • All iruurmcc pnlicics end renawals shall be tcceptqbin to Lenckr utd slt�D includc�stq�Mard moRgage cl�ure. l.ender
<br /> �hall fnRVe tbo dght to hold the poliaie�and renew�ls. If l.ender roqui�.Borrower sh�l!�mmptly givo to l.ender r+ll raceipt�
<br /> of pakl premiumx wxl renewal noUcea. ln ttie event of loss,Bt►RUwa shail Qive prompt�wtice w the innu�ance carrier and
<br /> . l,e�der. Lender mpy mAko ptaof of loss iP not made promptly by Bomower.
<br /> ----�-�-----�----�---� Unless l.cnder ond Bormwer Mhenvise agnee in wnting.inxurnnce procxda shall be applied to rcstaration ur repair of
<br /> 1hePropen y dunaged. if�he ncstoration or rcpair is ecawmically feasible aad I.ender� secuti�y is nat lessened. If the
<br /> testatation ar rcpair is iwt ecanamually feasible or Lenderk secu�ity wauld be lessened,�he insurance pmaeds sh�ll be —
<br /> Applled ro the sums securcd by thja Security Inslrument.whether or nat thcn duc,wi�h any eacess paid to Borrower. If
<br /> Borrower Abandona the Poqxny.or daes not unswer within :�0 daya a nMice from Lender that the Msurance carrier has
<br /> offercd to seule a claim,ihen L.ender mey calUoct the insurance proceods, l.ender may use the procads to rcpair or rcstore
<br /> the Piopeny�r to p�y sums r�ocured by ihfR Securiry Inswmem,whether or not then due. 7trc 30day periad wlll be�ln when
<br /> thc noticc is given.
<br /> — Unless Lender und BoROwer whenvise nbree in wriling,nny upplication of pmceeds ta pr�ncipal shall nc�t extend or
<br /> postpona the dua d�tc of�he manthly paymenis referred ta in paragn+phs I and 2 or change the amount oi thc pAyments. If
<br /> under paragrAph 21 ihe PrnpeRy is acquired by Lendar. Borrower'x �ight to uny insuran�e policies and proceed�rcsulting
<br /> ` from damuge to tha Prc�erty prior to the acqufRitiod shall pasc lo l.ender�o�extent of the sums secuced by IhiR Secu�ity
<br /> Inrnument immediat@ly p�ior to the acquisition.
<br /> 6. Oecupancy, Preservntion� MAinterwnce and Protectbn ot tht Praperty; Borrower'R Loan Appliptbn:
<br /> I.easeholAa Borrower shnll occupy,establish,und use�he Proreety as Bomower!c principul rexidence within sixty days after
<br /> the execution af this Security Instrumem and shall continue�a accupy the RupeAy az Borrower�s principal residcncc for at - -
<br /> least one year atter the dute of occupancy, unletis Lender otherwise agrees in writing, which ccrosent shall not be
<br /> unreasonably withheld.or unless extenueting circumstances exixt which are beyond Borrower's control. B«mwer shull not
<br /> ,,, destroy.damage or impuir the Propeny.nllow the Prapeny to dcteriarnte,or cummit waste on the Propeny. 9orrower shall
<br /> - be in default if any forfeiwr+e action or proceeding,whether civil or rriminol,is begun Ihat in Lender's�aad faith judgment
<br /> could result in forfeiture of�he Property or otherwise mnterially impair the lien created by �his Security Instrument or
<br /> " � t.•��E cFCariw intrrrci Rnrma�r mnv cum�uch A defauU mul rein�:twe_a��+rnvided in pam��mph I R.hy causinR the Action
<br /> -- —_ _ = =
<br />' � or proceeding to b�dismissed with a ruling thut.in Le�der's good faith determioation,precludes forfeiture of the Barrower R
<br /> • interest in the Praperiy a other moterial impaim�rnt of the lien creuted by tbis Security Instrument or Lender c r,ecurity
<br />--., interest. Born►wer shall ulso be in defuult if Borrower, during thc loun upplication prceess, gavc muteriAlly P�Ise or -
<br /> inaccurate infamtutian or xts�tements to Lender(or fniled to pmvide Lender wilh uny mate�inl informution)in connection with
<br /> the loun evidenced by �he Nate, including, but not limited to. �epresemAtionx conceming Borcawer's occupsincy �f the
<br /> Pr�npeny us a princippf eesidencc. If�hir:Secu�ry Instrument ix on u leuschold.Borrower shull camply with ull lhe provisions
<br /> . of the lease. lf Baaawer acquire+fee�ide to die f'rvperty,�he leu�ehold und ihe fee tide�hall not merg�unless Lendcr ugrees
<br /> . to the merger in writint.
<br /> • . t, ;��.`;R,��; 7. ProtecHon of I.ender's Righls in the Property. If Borrower fuifx to perform thc covenunts und agreements
<br /> �� �° .'.•` . contained in Ihis Security Instrument. or Ihem ix u legul praceeding lhut muy sigmPicantly aUect Lender's right� in Ihe
<br /> . .;"',2;���c;Yr.�..
<br /> :;�;«,.;;,.;ti,�,• ,.� Property lYUCh ns a proceeding in bunkeuptcy,probute,for condemnntion ar fort'eiture ur ta enSnrce luwc or regulutions),�hen
<br /> � . Lender may do and puy for whutever is neces�ury to protect the vulue oF the PrapeRy and Lender's rights in ihe Prupeny.
<br /> ';i''s•;"",�•� . si� Lendert uctions may include puying uny+ums xecund by u lirn whirh ha.priorit�•over this Security lmtrument. uppe:uing
<br /> . ;wa�%x�'•'� �;�•" in coun.pnying reaso�able nuorncy�'fees und entering on the I'ropeny to mAke repAira. Although Lender may tuke uction
<br /> ��'���• t��- under�his parn�rnph 7.l.ender dors not huve to d�►so.
<br /> , �g.: . �� Any umount�dixbuned by Lender under thix puro�rrph 7 .hull t►ecome udJilianal debt uf Borrower securcd by this _
<br />__ ?�`i-,',�h•�"?�i')�%�`• • Security Instrumem. Unlesx Borruwcr ond Lcnder ugree 10 othcr tcrmti of payment,lhc�e urtwunt++h•rll i►ear imcre+t frain iFn —
<br /> �.��,,, ..
<br /> ; �.�' r� .�;i,;.:�. �'r. dute of disbursement at the Note rute und ,hall be payuble,wilh interest,upon noticr imm I.ender to Bornuwer requeatinF
<br />, �... ,�• � .:
<br /> U . ',�y'�,� pay gnt.Mortqa�e Insurance. If Lendcr rcyuirec! mungugc insurance a. n rondilian of mukinF the lo:u� recured by�his --
<br /> ��,�k;�;;;{�;i� �� Security Instroment, Bi�rrower .hall puy�he prrmiwm rcyuircd to maimuin tix mongage intiurunce in el'fec�. IF, for any �_._
<br /> "�"".T°i"�':�!1;ychri�,�, nesi.mn. �he martgage in�uruncr co�rr.�ge rcquired by Lcndcr lupxcs or ceu�es �o he m cffcc�. Bnrmwcr shuif puy �i�c _—
<br /> �._.: ._<•.�r;°��<,-., remiumx re uirrd to obWin rmrr.� t �uh.l:�ntiull e uivulcnt to the mun�u � inwa�nce r�viousl in effect, at a rost __
<br /> • �t.4t:,..,, P 4 €' • Y 4 b g' P ' y _
<br /> •.,,�.},� o ;.� _ subs�untiully eyuivalcnt to the roxt to Borrower uf thc monFugc insurunce prcviou�ly in rfiert,Prom un ahernutc mortFage `-
<br /> ��,�: inxurcr approved by Lendcr. If substuntiulh equivulen�m�xt�a�r insurunrt raveragr i�not uvuilnble, 8ortow�r.h�ll pay to -
<br /> Lendcr cach month•r�um rqual tc�onr-tw�lfth��f�h�ycurly mongugr in.urunrc pnmium Ixring paid by Barruwcr when�he _
<br /> '•�•�•"�" ' insurance c��ver.�+e la �ed or cea�ed lo Ix in efl'cct. Lendrr will uccr t.use und rrtuin thc.r � mems u�u lo�s re�erve in lieu
<br /> ,: . � P p P�Y ���
<br /> I,...r.:'" � of mortguge inwrancc. L��tis resrrve puymcnts muy no longer t+r rcyuired, nt Ihr optiixi of L.cndcr, if monFage inxurunrr __-
<br />- �t� � `��;�� coverage lin �he amount and tiir the peri�xl�hu� Lender reyuire.►prnvi�kd by an in.urrr upproved b�� Lender ugain hecome.
<br /> -•,�.,�,_;_, uvuiluble und i,ohtuined.BeiROwcr�hall puy�hr�rmium�rcyuirrJ 1u m:�inluin moqgage inwrunre in cffecL ut k�pro�ide u =
<br />-���, ,, t- - loss reserve,until the reyuircment fcir m�mguge in�uruncr end�in uccordunce with uny wrincn ugrcrmcnt Ix:tween Bnrrower _
<br /> ,, . ,�:.
<br /> +. su�d Lender or upplicablr luw.
<br /> .�y: 9. Inspection. Lendcr or its s��ent may malc reutinnvblr rnlrir.upun nnJ im�xrliam��I'Ihc Propeny. Lrnder ahull ��-_
<br /> give Borrower notice at thc timr af or prior to an im�xrliun�pccifyin�rca.imablr ruusc ti►r�hr in,�xrtiun. "--°��
<br /> . . 10. Condemnutiun. Thc prixecd.ut'uny a�vard or rlaim tiir Junu��;c+.Jinc�or ron�ryurniitd,in ranncciion wilh any ,�
<br /> � ' SinEk Family•-Mannk Nue4•Yeddk�1wc UNIF'c)N�f 1\ti'1'Rl�1k\'I'•-14w�mn C'u�enam. 9/9� ,�,,,e,•����a�,.w•.��
<br /> '4� •� liral Wkrx NmYtx+Pwm7.Int �
<br /> ''. . .. 7u�hdn�All�I�BODb34B(1930 MAri01Wfi1•1181 �'y�
<br /> •j'
<br /> � �, ``,
<br />. - .,`�;;_ .
<br />� � i;�Y,� :��� ' .:rry 5�'�p'�n�v a3i:`t. �:{•.:�._._.j'G1N�dr�'e,��'..` h', "'+'�"�'.�.�,,••i •K'•..';•,.,�'..b,V�u �[���,Q['� � . ( . ( .4 •��P�[��i�!
<br /> .. �--••--�--••- ., r„'��IW�.+�q'�T�s.I�•,..� �. tir !i;'.
<br /> ,'L N' .N . . . ''I..�.'- � � .. t:���s.li��..l�. • � '� ..i,M._�nM�i-'.�iy'rl?�..- � . .
<br />.�lt, " �,:.. . , ' �. . � ,`` .. . .
<br /> �. .. �
<br /> ..t.�i .' . , .
<br /> � .a. ♦ �. �'
<br /> � .
<br /> ��tw1'`}` -— '-'= - � __ -�--- .
<br /> . ti.-. -r- •_ �� « _- -
<br />
|