|
,. _ ._ .. . _ . � . .�
<br /> . .,., ..
<br /> -, :_;�, . :. '�: .
<br /> . . ,.: . � , . . : .g�, a��'. ,.�.
<br /> (�erlode.�!l.endec rcqutrat �71w Insurdn¢o carria providfn��ho Insuruice clull he clween by Bormwer wbjxt to Lenderb
<br /> �pron)wt�lch chdl not�ro unrca5on�biy S�iihAetd. If BoROwer rnib ro niaintain covtt�e descriDcd above,Eandet nuy,ot � .
<br /> 4enderb op0on.ub1�Tn c4renRe w proteoi U.ndetb righte In�he Propbily��aaordance wi�h puagropte 7..
<br /> . . A,I�L;iyr�tcepoliclwudrcnew�lasA�ilbeecceel+�blq�otfnckrudehalllncludoxsiond�td.mongayecl�use. I.ender
<br /> ah►qip::',jiarigAttotrofdifropuUciesandrcneWafr, tiLepderrcqpttes,floitowerehulipromplygivetqlanderaUrCccl�te --
<br /> of ptld pkinluroe and renew�l nalae. in�ho eyent Rt loss.Aorro���i shill glve psompt nalce tn�he insuronco cartic�and
<br /> . , . IMMet LenderMtymatcepc6ofoflossiPrtotmSdonranpllypyHartowu. . . . . � _-_ _ _
<br /> _ Vnibsa-l.endet and Itortower otnenvlso ogrce In arii�ng,inaumnca prooee4�shail W appiisd a rcsro�a�inn or rcpnlr o1 �� - -
<br /> ila Proaeny d�m�ed. it the res�orat�on or rcpair le economically fcasible and I.enderl et;;ud�y Is na IFasei�W. !t tta `
<br /> rc=.cr:tlext or rcp�r ia rat tanmir•Ay tc:sibta or Ltnderk sccutfty wadd be Iesuned,�M Insurnnce proceeds ehail bo
<br /> ; oppiled ro the sums secural by ihN Sccurlly Insin�menb K�hcther or no��Acn due, wi�h any ezttas p�ld to Eiorrowcr. !f
<br /> - Botrower ebuidon�Ua F'tpp�tiy,or dora no�answer�vi�hin 30 days a naico from Lerdar tAet ihe insurnnco canisr hu
<br /> I ofkrtd to unlo p dilm,then I.onder may coilect�tw insnrnnca prooccde. 4cnder may uu�ho prucceds lo rep.�Ir or rcatore
<br /> ! �Iw pm�ny or�o p�y mms�ccurcd by thie Secud�y Instrurocnh wl�ether or no��hen Aue. 'Iho 30•day�riod wlll bcgln whcn
<br /> lhe nol co le given.
<br /> Unless I.er,der end Oortox•or othenvim egnx In writing,eny�ppIlen�ion of prococde�o pdncipal shall not ozienA or
<br /> i �ws�pone�he due daio of tho monihly paynxnu rcfcmd a in pv.�mphs 1 nnA 2 or ch.v�a tlio nmount of tho payrocnts. If - `- -
<br /> nndcr p9ragmph 21 �Iw Propeny I�eoqutrod Oy I.ender,Oorto��er�right to nny Insarunco policies nnA procceds rcsuUing
<br /> . kom damago to tho Propetly pdor to the acquisi8on shall pass ro Lender�o�ho oxtcm oi tho snms secund by�Lls Saudty
<br /> � InslNment immedlately Prlor to�ho oa�ulsiilon. �
<br /> 6. OccupAncy, Prcaervatlon, 111nintenance anA Proteclion of �hc Proprrtyi Uorroxer's Loan Applicatlon�
<br /> Leasehoid.. Rortower shnll occupy,establish,and uso tho{'ropeny as Ilorrower4 principal r:sidenco wlthin sixty days nfler
<br />.- Ihe executlop oi thls Sccurily Inst�vmeni end shsll conNnue to ucenpy tlw Property os DortowerY princlpal rcsiAence for et -- '-`-- � --
<br /> Ieast one yeor oltes �tu date of accu�nr.y, uniess Lender othenvise ngrces in writing, which consen� shall not bo
<br /> unreuonaAty witt�Ge[d,or unless extennaiiug eucvnutnnees exfs�which aru beyond Oorrower§controL Rorto�xer shali nm '
<br /> d,.�sWy,dim�ge w i�npair Ute P[operty,a1low W:L�ropeny Io dacdorete,or commi�waste on�hc Properry. 6artower sh311 --�
<br /> De in defmilt ii,ny forfeR�ve micn or pmceeding,w[�e�her clvll or criminal,is 6egun that in Lenderk yocd faiUi�dgmew = —
<br /> mutd[evtU in forfeilurc of�he Property or otherwise maisdally impair ihe Iien crcated by Ihfs Smnry [nstmm;.m a
<br /> Lerdrr�saani�y intems�. Oortower may cum such a defaule ar.d rcins�ale,as proviAal In parag�aph 18,by ca�asing Ihe ection
<br /> or pmn:tding to be dismissed wflh e mling�hat,io LeaAs�good faf�h detcmdnailon,procluCes fafeiture oi t,c Oorrower�
<br /> Intcrcst in iho 1'ropcity or olher maiedal hnpatmx�u of ihe licn cmated by Ihis Sewdty Instrumem or Lcndcrk saudly
<br /> Inierut. Oorto�ver shall also Ix; in dcfaolt If lloTOwer, during Ihe Iwn applicnitan promss, gava mzlerinlly felse or
<br /> inaccwme infomiation or smtements co Lcnder(or(xiled to providc L.cndcr wi�h nny matcrial infortnativn)ineonnection wi�h
<br /> �he loan evidenced by tho No�e, including, but noi Ifmiicd w, rcpresentattons conceming Rorrower§ qccupancy of�he
<br />- Propchy m n pdnefpal rcsidence. If N.:�x Seeudty Insiniment is on n Icasehold,Oortower xhall comply�cith ell Ihe Drovtslons
<br />._ eS tFa iGa"ac. IT o'v�T'vi'rcF ni'!(uircn(cr iiiic io ioe RopcTr,�he icasehoid anu iF.e tee�iue shatl r.o�nxrge unk�,�c l,snder ngnea
<br /> to thc mcrgcr in wriling. �"--' — _
<br /> 7. Protttllon aT Q�unRer's ffiI�Ms In thr d7npFrtg If Dormtircr fails m pertomi Ihe cnvenanu and agrcemcnls
<br /> eenmined in thi�Securiq� �Lm�umen'., o-iAerc Is n]rgal procading that m�y significnnAy o(fec� l,erWtrS righ�s In �he
<br /> Propeny(s:xh as n praccding in bai�(up�ry,proba�a,fur rnnd.mnation or fodeiwrc or m enferce lawx or rcgnlzilons),tA:n - -
<br /> Lendcr mny Ao ond pay for whaicwr ix necrssary w protec�ihe valuc of ihc Property and Lenderk ri�hts in�?x Prop:n��, � u��_
<br /> Lender�ac�ions may Indude paying any cums sccamd 6y n Ifen which has prlority over ihis Secnri�y Ins�remnn:,appearing �.1'y��"°°�"
<br /> in coun,paying rcasonablc¢uomcys'fcca and cntcring on thc Propcny m makc rcpairs.N�hough l.cnd:r nm v,Fc ectfon �*��p:c?4���;:_
<br /> under Ihis pangmp4 7,Lcnder dces not hnve a do so. �'�t�i�_�,1,�-_;_� — __
<br /> Any nmouNa disbursed 6y Lender undtr�his pnmgmph 7 shall beeome addl�fonal debi of Bo:rower securcd by tliis �=':��}- ��
<br /> Securily Insuumenl. Unless 6ortower mid Lender ngree w uther temn o(paymen4 these nmoums shall hnr interesi from ihe "��•""�"�'�
<br /> date ot disburscmem a��he No�c rmc und shall be payo6le,wfih imcros�,upon no�ice from Lender�o}lorrower rcques�ing ,'.';i'�:;`'"�Sr'�'
<br /> paymem. :... , . _
<br /> ri..;•.-q�--.;:§;i'::._.,
<br /> 8. Ilfortgage Insucnnm. If LenJer reyuircd mongage incurnnce nc m m�dition of mnking tTr I�n securcd by�his - '=*,-��n'�=--�
<br /> Sccuri�y Instmmem, 6orto�vcr shall pay �hc pmmiams nquired�o maimain �hc mongngc insurnncc In cfktt. IL for nny �?>'.?'.!",`[,aJf'--��i'
<br /> rcason, the mongage Insurance covemge rcyuircd by Lender lapses or c.a.ee to be in effea, Borro�rer shall pay �M1e - �'�-' �-"�.°r�--;-
<br /> pmmimns rcquircd to ob�aln covemge subuamially eyuivalem w the mongage insumnce p:rviously in efkc�,nt x coxi :='�=a'•'.9iL,:;��-.;.',.
<br />- substantlally x.�uiruicm w�he ms��a Uorrower of�he mongage insnnnce previously in e(fc.�,�Yram an uiiemate mon a e �'��- �-" �
<br /> R F � .. _:'.`.�;..�. ::-:,.:.
<br /> insurcr npprored by I.ender. If subs�mnially cymvalem mungage insurance coverage i.not ar,dlable,6ormwer shall pay io ,J�{;;j��� '� '"r-i','
<br /> Lcnder auh momh o sum cqual to ono-nvclfth of thc ycady mongagc insunncc preminm bcing paid by tiorto�ecr�Lhcn�hc ;��"'r,'=��"�"`="°'`-
<br /> inwrar:ce covcmgc lapud or ceatcJ�o bc in effcci. Lender will aacpt,usc and re�ain�hexc paymenu aa a loss resenr in lieu ' ':�- k"�"'i:;r'
<br /> of monFnge insumncc. Loss rcscrcc paymen�s may no longcn c� rcyuircJ,ai�hc op�imi of Lendcr,i(mongage inxnrance "'���%"`'� �'t��'�-� �
<br /> eoverege i+n�he nmoum wd(or�he period�hat Lender requircs)provided by an insurcr approreA by l.ender again becomes `'%�'` �"'`""''��`.'•'�-
<br /> arailabie nad is ob�ained.6ortower shall pay thc prcmiums rcyuircd ta maimain nxmgngc inm:nnm in effca,or ro p`uvidc a �!.- ��, �.,���� -� �'
<br /> ��" A t..;,; :.
<br /> . � '' #�`
<br /> loss reserve,uNil lhe requircrocm for mongage in+nrantt end.in uccordance wi�h any wriuen agn�emciv benrecn 6orrower .-,��;=,x_� ,rS�,`�"��•
<br /> ond Lendcr or applicaFle l:�w. ��;, . _ _
<br /> 9. Inspeetlon. Lender or i�.agent may make macon�ble emric.u�wn and inspec�inm o(the 1'ropeny. Lender shall i�����. �
<br /> give 6ortoxer no�icr ai the�ime o(ur prior�o an inspec�ion+pttifymg reuonable cause fm�he inspec�ion. � �"� `� - .
<br /> 10. Qbndemnation. 'I'he prceeeds of:nry:nvard or claim for damaFe.,dinr�or contiequemial,in connec�ion wiih an� �-�:�;i�'�:�".!���:4�``.;���.
<br /> S�npkFml...t3nnie�laM7MAie\IacCY1FOH�11557RLN1.�T..Unifo�mC�nrn.xi. 9.90 i�arJ)nry¢��� �1'�{%/: � •:':���1;'f;"':,:
<br /> ima Wn6�xnm..e^atx ■ '�s . `-:J�:
<br /> TaaMfillmpSbW.� val6�bff1.1�11 {{� .� 1'.
<br /> '— >-�'j.v.�r �(7 t k':Y �t T Tf'. _ .. "r—'n t ,�� �( (�? �'( '' .
<br /> - � .i`� C �31�{� c`t'�4 �. . 1{,^f���1 i � T$ �7h'�I l.^�� y�{f IT�J`,x 'i vy"'!� '__ ..,_.�_ r
<br /> ' '.Il. A ; . 11 �,' �� �-- � r� �if}5'A�{�Vl'1- � i
<br /> p il t t2S � � 1 � , S '-r+�4� � � f.�'_ . .
<br /> - ���5 ..v 43•�'" ` :�,t1fi'i`}l���l" �
<br /> j __ .-_—` -- _ _- �_ -:.'_l� til'.. Y _ " _� . . . -_ -
<br /> iJ-.f ti '� ' ' ` �. .r�l . ' .
<br /> b f - .. .i . � 4 . i .. " .
<br /> t,.
<br /> •�t -� - - � � �_ ..p - . _ .. . . .. .
<br /> 't � '_ - � .. S I . . �— ' .,, � - ' .
<br /> � �.s
<br /> ' -� ...i ' . .. 0.. ' . i. v .. . . . ..l .� ' . .
<br /> � � :t � �. V ft I ., .
<br /> V, .t. _ . t ' . . .. .. .� - .
<br /> ` - . .� : �1 � . . . � .
<br /> • . / . ��/ • ' " .
<br /> �
<br /> '+' �� '. �' �1 � - t 1 J _ ' - .
<br /> �' �, . , . ti� a1� i r n , �.., e. , � j _ . ., . . ' i _. . .. � . . . 4 , ' -�'• - . . __
<br /> :f - � �-si 1 i � .. ..
<br /> � � � .� . � � t. i . . r _
<br />
|