|
'E:�.%�e+tk�itis 1 <:. ... - .—. --. . .
<br /> _ , .. __
<br /> . . , -� �
<br /> ,.:� __..... . .:-ae."-._ ---
<br /> -.y�yT,• "°'.�,'^��—�' —— �.______-- __ -- ,� _. __
<br /> i._.._.._... _...a....�d t . , • . . . . . • . � . , ' . , .. • . . ... �
<br /> ---�_�':n�c� ,S ' • . .
<br /> . � . . �'�3-' i��t -
<br /> p.riocV uuc 4a�der n�quira. 7i�e iAnumae c�rrler p�ovwte�tho iiwurnre�h,u�he cho�en hy eorrower wbjaa a t.a+eer�
<br /> �pp�o�Val wAiah tlMp aot 6e uae�aam�bly wilNwid. It Batnwer Caii�w nMiM�in ooveer��e dMCxlbed+bow�L,rndK n�y;a�,
<br /> L.w�ier�i ap�ins�abainoov�y�w p�o�er.t iws8�r�d�b fn ihe in�c+cord�noe with pn+�r�ph.7.
<br /> � All tn�ur�uae poUciet rtd taneaali�11 be w! e�md�h�Jl include a u�nd�rd nwrtpje alw�e. L�er,
<br /> �ll ta+�re tha rirht a bold tlx policics�nd renevwil�i.eider�eqairca,Barower nhrJl prornptly�ive a I��der all nnipb
<br /> .,d pdd pemiums md renewai notic�w. In the avcnt of laa,Elamwer shall�iwe p�+nmpt notice�o the inaurance cnxitr�I
<br /> �.aider. Lrender nuy m�ke prnof of los�if aot msde pro�qptly by Bor+rower.
<br /> Unkss I.ender ard BoR+owar dl�eiwbe ap+ee in wrlt�n�,inwrru�ce��s nlWl be agpliod w rouontion or ropnie,ol'
<br /> ------ sttc Pray�rty daa�ed,li the rcstw�atlon or�p�lr is ccunumlcalty f ble and l.enderb security is nat lossectcd. IQ tt�
<br /> t�cator�clon or repair i�not�niadly teaaibk or Lenderb�ecurfty would 6e le�uricd, the buur�nce p�vcxeQ�n�Mll be
<br /> appUed to tho sums aecured by thi:Security instrumen� whether or not dkn due.with�ny exoess p�ld W Borrower. It
<br /> �oetower Abu�dor�tho Propexty.a das not answer withL� 30 d�ya a noticc from l,ender Ih�t tho insuru�ca can�idr.hae
<br /> atTerrd to aeule a cl�im. then Lender mqy coUect the inwuu�ce proceeds. l.ender may use the proceedx W a�Wa
<br /> -_---- - _ the P�+apMY or to py wrna aecutod by thit Saviity InstrumaN.whdha ar aat tbea•due. Tbe:�(Way perind w hssln whew .
<br /> the noHa is given,
<br /> Unless Lender aM 8orrower othe�wise agree in writing.any appUcatian of proceedx to principa!ahall not extcrrd ar.
<br /> pos�por►e tho due d�te of the monthly peyments refmnd to in psr�grephs 1 and 2 or change thc unount of 16a ppymcnW. If
<br /> under pmgraph 2l ttie Prope�ty ls acquited by Lrndar,Borrowerb dght to any insurance policles anA pro�ceeds resulting
<br /> - ftam dwnage to the Pio�erty dp or to the acquiaitioa shall pass to Lender to tho eatent of the aums secured by this Security
<br /> Instruma�t immodietely prior to the�cquisition.
<br /> 6. Occupa�ncYr Pres�rv�Na�► Mniateaancs aod Protectfon of tfie Property; Ibrro�er'a L.o�s AppY�alios�
<br /> I.ea�t�akls. Bormwer sM�ll occupy.esteblish,and use the Property as Borrowerk principal rcsidtnce within sixty days Af1er
<br /> the eaceution of this Securlty Insaument and shall continue to occupy the Pcoperty�n Bomowerb prinal�l reaid�nce for at
<br /> ��s least one year after the date of accupancy, unle.ss l.ender othenvlse agr+eees in writing, whiah consem�..aball•nor he
<br /> -�" unreasonubly withheld,or unle9s extenuating circumstances eaist which tune•beyond Barowenc�onlyd..•Ba+�+ower shalt�wt
<br /> ------ - _ _ destroy.damage or impair thc Property.allow the Properry to deterioratc.or commit wasla oo the Propert�r. �orrowe�shq1Q
<br />��"�� be in default iP Any forfeitune action or proceeding,whedter civil or criminal,is begun that i►Lender'x good fath judgment.
<br />--� ° — could msu1R in forfeiture of the Property or othenvise materially lmpair thc lien crcuted by this Secwity Insbvirbant on •
<br /> -:� Lender's security interest. Borrower muy cure such a default and reinstate,ais provided in pAragraph 18,py eausing tha aadqn�
<br /> `'���r�?�: or pracccding to be dismissed with a ruling that,in Lender�good faith dCtermination,precludes forfaitw+e of tha�ormwerls.
<br /> - '�"'" interest in the Property or other material im�rrirment of the lien c�ated by thia Securiry Inswmant or Lendu�k r+ccunity�.
<br /> ""�' interest Borrower sfia!!ulso be in default if Bomc,wer, during Ihe loan Applicution.process, gnve matariully ful:yc on
<br /> ' inuccurate informapon ar statements to l.ender(or failed ta provide Letder with eny mpts�iul infbrmation)in conneatian wlth
<br /> - the loan evidenced by tln Note. including, but not limited to, repreaenw{iona conee►,ning $orrowerk oceypa�nay oE��he
<br /> Y'�'� P�+oporty us a�principal residence. If�his Security Ins�rument is an a leasehold,Horrower shall comply withialLtl��provisfons
<br /> �-'�_ �� = of the lease. if Bnrm.ver acqufuA fee rirle t��he Pro�ny,the Masehotd end the fee i4!!e sl��lt!�t�er�e�ess Lender egnees
<br /> ="" ^ to the merger in writing.
<br /> ' .�...;,. 7. Protection of I.ender'a Rtghfs in the Property. If Boreower fails to pedorm the¢ov�nant�w�d agreements
<br /> .��?� conteined in this Security InsUUment, or 1he� ls u legul proceeding that may significanet�affact Lender� rights in the
<br /> = Property(sucb us a proceeding in b�nkruptcy,probate,for wndemna�ion or forfailuna or to entcxce Inws or regulutions),then
<br /> . r�,.,,; ��, Lender may do und pay for whatever is neccsxary to protect the vnlue of tha Property and Lender's•rights ln the PropeAy.
<br /> ':�,.A�;.�� •.,•, Lender!s actions muy include paying uny sums secured by u lien which has priority over this Security Instrumen�appearing
<br /> A� .��� � .�'+'���� in caurt, n in rew�anabl�uuome � fees und enteri on the Pm n to make re airs.Althou h Lender mst toke action
<br /> �� � �1�+,." under�hi P Y 8 Y � �R P� Y P 8 Y
<br /> +,, • ,,�:+ pdrasruph 7,Lender dorz not huvc ro dn�o.
<br /> •+ ` '��`+'���==•=�K+�,- Any amaunts di�bursed by LenJcr undcr thix paragruph 7 xhall bcc�ma additional debt of Bormwer secured by this
<br /> _�� Yf,� . ` Security Instrument. Unlexs Borrowcr vnd Lender ugree to nther terms af puymuo�,thctic amounts.r•hall bear interest from the
<br /> �' ,�,,�' ;.','�,Y date of diKbunement u�the Nae rrte und tihctll be paynble,with interexi, upon notice from Lender to Borrower requesting
<br />� ��.r� ,� pAyment.
<br /> ��L°••. 8. Mortga�e Insurenee. If L,ender reyuired morlEuge intiurunce a.a rondition of making the loan secured by this
<br /> .. . _'�:"'r;,:�:,�°• Security Instrumenl. Bnrrower sba0 p:�y ih�• premium� reyufred to maintuin thc mongage insurancr in effect. If,for any
<br /> ' """ ' •�i�..c'!4` reuwn, the man�tuge intiurunrc rover•rgc reyuircd by Lrndcr lap.c. or rcu.rrr lo he in effcci, Borcower xhAll pay tF�e
<br /> °�'r'�"`` °'��''''= remium. re uued lo obtuin coveru�� +ubstantiaU e urvulent to ihr mon+u e insurunce reviousl m effect, ut u cost
<br /> ��,. - P 4 � t�' � Y 4 � b R P Y � --.
<br /> _ . � substuntially equivalem to thc cotit li� Borr��wer of thc mortguge inxurunce previausly in effect,fmm nn aUemate mnrtgage —
<br /> Insurer upproved by l.cnder. If.ubs�anti•rlly eyuivaknt monguge insuranrc coveregc ix nnt uvailublc,Borrower shull p•ry to
<br />_ , ' � Lender each month n wm ryuul�o��ac-�wellih ul'�he yrarly mon�uge in�urunce premium I�eing paid hy Barrower when Ihe
<br /> � � ., ��a..�� . insur•rnce coverage lap+rd or ceu.eJ lo Ix in rffrri. Lender��•ill uccepl,uµund rr�uin thr,e puymem.uti u lass retierve in lieu __.
<br /> ,. , of mongu�e inxuranre. Lo�� rescr�•c puymem. may nn langen c� reyuired,at Ihc uption i►f Lrnder, if ine►n�euge inxurance —�
<br /> ;,.;R� � �r coverage fin�he umiwnt anJ fi�r Ihr�xrii�i Ihai Lcndrr rryuiR.)prnvidrJ by un ir►munr approvcd by Lendcr Agnin become� —
<br /> --? '+'�r�, , . uvuilablr und is abtuined. Born�wrr,hull pay thr pmmiumx reyuircd lu nu►intnin mortgagr in,uranre in effert,or lo provide�
<br /> '��`��'� loss rexerve,until the re uircrnent ti�r mon n�� in�uruncr end.in urcunlunce with an wriurn u�a�.mem h�tween Bom►wer
<br /> �r__ � 4 !� E' Y t- ' 1�-
<br /> � �' ��,;. ,�. And Lrnder or upplicnbk law. ' —
<br />:�j '. �, � ,�':,; 9. Inspectiat. Lcndcr or i�.a�:rn�m•ry mal�r rca.nnublr rntrir.upcm:�nJ in,�xr�inn,ut'ihr Pro�xny. Lender xhall _
<br /> �. � �,•.;,,�#�, give Borrowcr noticc a��hc tinx ut'or prior to an im�x�lian�perifyin�rca�unnMc c•ru+c li�r Ihr im�xctian. ---
<br /> ..r:,?;'�..t�s:..=, 10. Condemnntion. The prxxecd��d':m) uwarJ ur claim liir domagr�.direrl ur ronuryucnliul.in runner�ion wi�h•rny
<br />=' :� '•1'`<��!.. . --
<br /> _ , ',�jl, ' `.'. Sm�klrntdy•-Fw1�He�1oclFrcddle�lqcl'�i1FflR�11\tiTRI'�1E\7'-•Uuilunn('���cnrulti 9/90 ryti�er.f,�/n��i��•u ii�(;.
<br />.'•�' '�.•• , .:!!f{�'�� 'Wtat Id�ra 9uiloer F'.�+os.Inr� `{�
<br /> _ !���,'�-. ,�-`",%.r��• To IM�b�r�ill 14MIDS7t►93lJ C F\%6NiM41111 —
<br />_ •� _ '.�'.-,,�
<br /> r ��. � •lil;� ,. -
<br /> i_.
<br /> .t Fi-
<br /> , N. . - :.-- -,. - - , -- - - - .. . -- : .7.5':j:';r�i�' 'ac�tf
<br />� h. . . . . 'Ji � i. . . .. . . . '. . � .
<br /> ,
<br /> .. .
<br /> ,., . _,. . . . . .
<br />_ 'c'-�Yi1 � � . .. . - -'- - - - - t. .
<br /> _—__.— ..._ _. . _ ._. .._._ ._. _ _. __ _ ____ '_ '. _ _ _ . ' _'_
<br /> •�y ,{i,_
<br /> -- -- __ _ _ . - -- - --- --- __—.� — _-- — .�_— - - ___ . --
<br /> a :.�• `��-. .. . ' .. --°... _... . . . '. ' ; ; . .
<br /> ,.la.`� . �� . - ., .. '
<br /> �ia
<br /> — -- r•.
<br /> . J+� ' n
<br /> [ • •
<br /> -� U
<br /> Y�..f.' .- o . � � ' . _ .. ��
<br /> w , 1� � YiI .i • ., ' . :' .. � ' .�
<br /> .. -- .� -4{,��+ ,' � i� .1� � .. �' . . . .. :�u,��}•I���y� . . w." ,• • .... � .�
<br />� , � _ �_ � "� -_-_ 1 _ ' , _�
<br /> .�_ . �
<br /> �\� �
<br />
|