|
'�^ � '�7Yn a • . . __
<br /> " � . �i �+.Ik'h.+ F.. .��'. �-_------
<br /> 7�' ,:e�
<br /> .- 'il. ---''��- �- -- --'- -
<br /> -__ � - -- - --- ...--- ------- .. ---'-- --_ ._._. -. _ . . - .�. .:r.. .
<br /> --
<br /> r- -- ----�
<br /> 3 �... __..�... - -_ � � , � ,
<br /> 9,�- a�
<br /> s. fwwna ac rmpaty lrwraooe. Borrower�a.,� Icaep the improvane�M, aow adsti� ar ha�e.nar a�ec�a an die
<br /> Proparty inwrod a�ain�t locs by f�m.ha7ards facluded wlthin the term 'eauended c�ovenae' aad any aU�er�, iqclodiq
<br /> flaaAt or flaadln�.for which L.ender regulna iawranoe. Thic inwr��co elwil be mRintained in Ihe�rnount��nd for�he peNodi
<br /> that L�der roquira. The i�uuru�e c�vrler poa+iding 1he inaur�noe shall 6e chosen by Borrower wbjocl ta Lerwlcr's�pprovd
<br /> _ which siWl not be urmeaconAbly withheld. If Borrower feils to mnintain coveragc dc�scribed abnvc, Lendu may� at t.eaider'�
<br /> _ _ _ option,o6lain cover�e w protect l,endier's�1Qhtr in the Property!n�coatdance with parrn�nph 7,
<br /> __ Ail inwnuiee policles and rcnewsls shal! be acr,sptable to l.ender�nd �hall include a st�rd mortg�ge cl�us�. l.ender
<br /> � — rtwll havo the dght w hold Nie pnlicies wid rcnewals.lf LeMer requit+cs.Borrower shdl promptlY Slve to L�ender dl t�eoefpts ot
<br /> — paid pnemiums nnd Knewa!notioes.In Ihe cvent of loas.Borrower�II�ivo prompt notloe to ti�e inwronoe c�n�ier+�d L,p�de�.
<br /> - ' Lender m�y tnafce proof of losa if not made promptly by Borrower.
<br /> --_ U�1a�Lender and Horrower dherwise qgra in writing. Insurance procoods shall be applied to rcstoratian or repwlr of thc
<br /> - ' Property d�naged.if the rrstoration ar repair is eoonomicully feasibie and l.ender'e sccu�ity is nd lessened. IP the n�toratlon or
<br /> n�ir iv not ecoe�o:n}c�!!y feasibl�ar Ixnder's securiry would be lessenod.the insuronoe wruw�,is Wudi(�e appiled to tho wmt
<br /> - ---s----�------- securod by �his Secu�iry Instrument, whether or not then due, with any excess paid to Bomower. If Borrower rbandoru the
<br /> Property.or daes not answer within 30 day�a notice from I.eoder th3t the insurance carrier has offerod to sqtle A clalm,then
<br /> '#' l.ender rnay collect the insurnnce prooeacl,c. Lender may use the pro��eds to rcpair ar ra�ore the Property or to pay ama
<br /> securod by this Security Insttument,whether or nat then due.71�30-¢ay�eriad wi11 begin when Ihe natice is given.
<br /> - - -- — Unless l.ender and Borrower atherwise a ree ia wrilin , an u P P P� Sh�ll not exteM or
<br /> ---- B 8 y ppl�catfon of roceeda co rinci
<br /> - -- -- pastpone�he due date of tha monthly payments rcfemed to in parag�hs l and 2 or chango the amount of the paymerys. If
<br /> :-�'�� � -�� under paragraph 21 the Property is aoquiced by Ixnder,Bom►wer's rigM to eny insurance polic(es and proceeds resulting fn�m -
<br /> _: �.:
<br /> `.'I,��',�?�,,..; damage to the Property prior to the aoquisition shall pass to[,er�der to the esteM of the wms cocw�ed by �hie Securiry lnspvment
<br /> �" • immedfatcly prior to the acquisition.
<br /> '`• . r,y:. s..���,�.; 6.Oocu
<br />.. '�,-:'�• Pw�y,PreservatMn,Maintenaace And Protection oi the Property;Borrowe�'e I.enn Applicatbn;L.ease6oldo.
<br /> ����x•a.'f°� .•+�� B�irrower shall oceupy,establisb,and use the Pruperty as Borrower's principal m.�idenoe within siRty days after the exavtion of
<br /> s., ".�� : this Secudty Instniment and shall rnntinue to ocxupy 1he Property as Borrower's prfncipal residenre for at least one year after
<br /> � .,,,,:;q�.,.;y�->: thc date of ooc�par�cy,unlcss[.endor otherwise a g��es in writin g, which oo n s e n t a h a l l n o t b e u n rc a s o n a b l y w i t h h e l d.o r u n l e s s
<br /> �;;'.,•,:��-�. ' .":'...• eatenueting circumstam�s esist which are beyond Borrower's control. Borrower shall not destray. demege or impair the
<br />-- "' �.r,I�;i '' � Prop�rty. allow the Property ta deteriorate, or commit wasta on the Property. Horrower slwll 6e in default if an forfeitun
<br />- e c t i o n o r B g � B y
<br /> - '��""�.�'��i�:'a,,�l�'.,� P���B. w h o t h ar c lvi l or c r�m i n a l. is b e un t hat in Lender's ood faith 'ud ment could result in forfeitu�of the
<br /> .�` : "�" �; - t� Property or otherwise materially impair the lien cre,eted by this Socurlty Instrument or l.ender's securiry intenest. Borrower mziy =-
<br /> .
<br /> m:
<br /> :�_.�.,�:,�.:�.�,� ' cure such$default and relns�ate,as provided in paraRraph I8,by causing tho aaion nr prn����g�Q�����;;����y�
<br />• � J� ,± .,-: � , that, in Lendor's good•fai�h determination, precludes forfeiture of the Borrower's interest in the Property or wher maurial
<br />� , � � impaitment of tha Ifen created by this Securily Instrumen:or L.ender's securily interest. Borrower shall also be in defauh if
<br /> - rr+ • Borrower.Juring�he loan appiication process,gave materially false or Inaccurnte inFortnation or swtements to Leide�(or failed
<br /> . to provide Lender with any material information)in c�nnertlon wi�h the loan evidenced by the Note.including, but not lirnkad
<br /> •• � to. reprecentadons concerning eorrower's occupancy of the Propeny us a principal residence.lf this Security Instrument is ae a
<br /> u � � leasehold. Burrower shall comply with all Ihe provisions of the lease. If Borrower acquires Fee title to the Property.the -
<br /> ,. . Ieasehold and the fce title shull not merge unless [xnder ugr+ees to thc merger in writing.
<br /> ne
<br /> �� n , " . y.Protection ot l.ender's Rights in the Property.lf Borrower fails ta perform the covenants und a recments rnntained in -.
<br /> � � . .. ;,,.:� thle Security Instrument, or there is a legal pracceding that mAy significAn�ly affect Lender's rights in t6e Propeny (such as a
<br /> ,1:�,�. �, • " pracceding in bunkruptcy, probale, for condemnation or forfeiture or to�nforce laws or regulations),�hen Lender may do and
<br /> ,{`���, , . ,. pay for whatever ic necessery to pmtecl the value of the Property und Lender's rights in the Property. l.erder's actions may —
<br /> . - includa paying any sum� secured by a lien whfch has priority over this Securiry Instrument, appearing in court, paying i�
<br /> ,;i _ reasonublo uttomeys'fees and entering on the Propeny to make repairs. Ahhough Lender may takc action under this parasraph ��`''
<br /> ' . 7.I.onder does not have to do so.
<br /> � : Any amounts disbursed by I.ender under thi� parngraph 7 shAll becomr udditional debt of Bornawer secured by �hos
<br />
|