|
Yr' r.c � ,.- .Sr �T� . . .. � • " _
<br /> ,f: • . . . {t� ',�. L. _ .__.
<br /> �. ., i , �
<br /> " 05 z.
<br /> , � . .... _. �
<br /> �' ' �.� ' c , � . _ �.�,. _ _ ..�.. - ....- -
<br /> �_� . . , • '"' .. . . . . _--...�. -
<br /> � .�' . � � ..� -. . ' " . .
<br /> �,,��_ •..�. — -� ��� �Q��.SQ
<br /> , . .
<br /> � �. _,
<br /> — j p�th�e Leader�vquues. The insurance catriec Exaviding the insuratica sGaif be chusea b3►Barower snbj�t to Ls�rB
<br /> � apptaval w�ic6 s1�lt not�e w�m�onabiY withhel�. ff$att�awer faits w maintaia coverage�estTib�above.l�ender may.at
<br /> — - Lender�s optioa.obtaia�covecago to protect Le�det�rights in dse Ptape�cy in�with paragapti 7.
<br /> Alt iasur,uue pol�cies and renewals sha116e acccpta6k w i�ader and shai!include a standaid mortgage cfause. Leader .
<br /> - shal�inve tht right t�hold the palicies and teaewats. If[xnder tta�uims.Rarrowes shs+i!pmmPilY B�ve to Lender aIi�eceipis
<br /> of paid p�miums and�enewal nouces. Ia the.eveat a�loss.Borrower shalt give pr�mpt notice to tHe insuraace aurier and
<br /> I.suder. L,ender may make�tuof of toss iff not m3de prvmptty by Bnrtow(sa
<br /> Unkss i.endet and Borrowes uthe�s+rise agrae in wnting.insuran�pro�eds shalt 6e applied to cesYOrarion or rapair of
<br /> - the ptoperty da�naged,ii tAe testorauon or iepair is e�ot►omic�tly feast'6!e an�t i�asder's-seeuriry is riat t�sened- tf the
<br /> resto�ion or te�ai�is n�ot�:onomicaiSy fpsibie or i.etider's security would be,lesser�ed.tiie insu�pmcetds shal!be
<br /> __ applied co tl�e sums secu�d Dy this Security Ia�rumea�.w�her or�t�due,witli any excess paid to Borcower. If
<br />=�. Borrowet a6andons the Propercy.or dces-nat�swer within 30 days a noace from Lender tf�at the inswance carrier has
<br /> offeced to setde a ctairta tben i.endes may wIIect the insutance pmc,eeds. Lender may use the peoceeds to cepair or c�stoie
<br /> the Ptopaty or to QaX sums secuced by,ttis Secarit�i Instrun[esi�whether a•not tflen due. The 30-day penod witl begin wt�en
<br />-__- the notice�s.givea. :
<br /> = Untess L.ender and Bamwer a�heiwise agn�e in writaig,any application of prooee�s to principal shall not exteud or
<br /> a e�w�
<br />'����: pastpane the due date of the manthIY payments refe�red to in paragiaphs I and 2 or change[he amount of the paymeuts. tf
<br /> � .� under paragtapb 21 the Pmpaty is acquired by[.ender.Borrowers nght to 3ny incurance polisies and praceeds cesnJung
<br />..���tr�'�.�
<br />,.-..�:- fr+am d�mage to tix ptoperty pria�r ta the acqai�-iuon sBa11 pass to Lendet tQ the exter+t af the stsms secured by this S�iEY
<br /> '- - • Inspwnent nnm��'�ior to the acq�dsidon. . .-.
<br />:��;.-.,.; 6. Occapsn��::l�servatioQ. Mainteoance and Protection o!the Property: Iiorrowes's I.oan Apptiptio�;
<br />-.<,:� �' IP9���S- Horc���ll occupy,establisb,an3 use the Property as B�rrower's principa!sesidence within siary daYs-�fczr - .
<br /> ;' .,;��z� , tbe execµuon of t1�,.'4�x��unrY Inswment and shall continue ta nccupy the Property as Borrower's principal residence t�r.at� .
<br /> �;;;` ' least oas:'year�;� date of occupancy. ne►tess Lender otherwis� agmes in writing. which consent shali r�;{'i2. •
<br /> �� ` ,���.:;}:..:�. um+eason�bly�faar unIess extenuating ca�t�es exist wWch are 6eyand Borrawers control. Bo�rawer syi33:t�i;i�; ` -.:' `•`:—
<br /> .,. destmY.dama&e or f�.'r the Ptoperty.allow t�e•�ropeRy to deteriorate.or commit waste on tho Rropeccy: Bot�ewc�i';st�E'..� .�.;,�...:.„
<br /> �.':-i�",.:'� be in defauit if any fiiifeiture action or proce�ic�wh�ther civil or criminal,is begun that in Lender�s�f�itb jadgment ,`•r •,.;:. ----
<br /> .. �...
<br /> cout d resu lt in fo t feinue o f t he A n p e c t y or u�s�w i s e m a t e ri a l{y i m p a i r t h e l i e n c r e a t e d b y t h i s 3 e c r�'�� Inswment or _ _
<br /> � C.ender�s securiry interesi. Borrower m,zy cure such a defauit and minstate,as provided in paragraph 18.Iry causing tirr iis.�ion _
<br />- _�.s'�„` or pnmeedin�to be dismissed with�ciiling that.in Lender's gaod faith determination.pcecludes forfeiture of the Boms�:er's —_-:_�_-
<br /> �. , interest in the Pcoperty or ather material impaitment of the lien created Es�this Securiry lnstrument orl�ender's security ��:,.
<br /> interes� Bonower s�al1 atso be in default 'r£'�pmnwer, during the toar.r application pracess, gave materially fafse or t,.��:
<br /> inaccurate infmmaticu.r:cr statements to Lender.;cc�ailed to pmvide Lender with any material infotmation)in connection with ��FA._`
<br /> . a . ,:. __
<br /> =� � y the loan evidenced f:���e Note.including,�C±ic�t timited to. representations eonceming Borrower's• occupaney of the �45,..;:=-_--
<br /> . Property as a princip��esidence. If this Securitp insuument is an a leasehold.Barrower shall compty with a0 the provision� • :.z�i;�',�.,�,--k--
<br /> of the tease. If Barrav�eF acquires fee tiQe to the Acoperty.the teasehold aad the fee titYe shall not merge unless L.ender agrees ��-�_
<br /> , i��'�J � tothemergerinwri���. Yt�-�'�--.:.---
<br /> • � ' 7. Protectia����'��.ender's Rights in tde'Property: If Borrawer�^�;.:s to perform the covenanls and agree m e nu �l��-�-T-
<br /> ;aa si ifcantl uffect [.NCV�er:s ri hts in tAe �'�"'
<br /> " .::,; � , contained in this 5�a�m:y inxtrumen�or there is a tegal praceeQing th�.',. Y Sn Y g 6"�^ —�
<br /> • •�;�:�, pro such as a i in bankru t lrate.for condemnation or rratt�aitu�e ar to enforce laws or re ulatians),then � s'�`
<br /> � perty(• P�a�� P�!'•Pm s -''.%t�;':��:'•;.__
<br /> ;�`�'`� ' Lender ma do and a for whatever is necessa to rotect the value of t{:r Pro and Lender's ri ts in the Pira - •:_--t- �,,-
<br /> .� � . Y P Y �Y P PenS' P,h ' PertS'• .
<br /> � - - • Lender's actions may include payin�any sums securcd hy a lien which has priority aver this Sccurity Instrumen�appearurg �� �;�
<br /> � '�' � � in court,paying reasonable attomey.s'fees and entering on the Pmpeny to make repairs.Aithaugh Lender may takc action � �?�
<br /> _ . �__:
<br /> �%''�'• �'�� .under this paragraph.';Lender daes not havc co do sa. ' . `'
<br /> -�--:.-
<br /> . ��•�' Any amounu�.5ursed by Lende�under this paragrapb 7 shall Becomc additional debt of Borrower�ecured by this {�,� :. �
<br /> ''•,.yt�4?+F..; •
<br /> �,�„«:.= Security lastniment. Unlcss Borrowet and Leeder agee to othet tertnc of payment,these amounts shall bear interest from ihe .�,,•-
<br /> J��,' x,• �""
<br /> ����,; date of disbursemeni at�he Note rate and shall be payable.w:���intere,t,upan naticc from Lender to Bonnwer reques6ng 4. . :,�
<br /> '�� paymen� ?� � �_�=�
<br /> 4 � !3, Mortg,�It�sur�nce. lf lxnder reyuired mortgage insurance as a condition of making the loan seer�:,a�[:•,this r. . . :_- _
<br /> . �. ' � Security In.Ser�cr.ar.r-_u�prrower shall pay the premiumc required to maintair�:t�1e mortgage insurance i:rE�r�. Cf.;�a:any �
<br /> . � .
<br /> ;, ��' �a}� ' reason, ihe c:�cts�e•',;�:•insurance coverage reyuired by Lender lapses ��r:x.�� �o be in eifect. 6e�r+�.����:+ns:I �ay the ;�=`�:;
<br /> �� , "'Y�, premiums req;.''�:�t�obtain caverAge substantially cyuivalent to�he mor[gage insura.-ece previausi��::effect, at a cost f�,
<br />, ,' 1 1'.
<br /> t., �ubstantialiy equivAten�to the cost ta Borrowcr af the mongAge incurance previously:�..��iect.fmm an attemate m.cr.t�ae �.,�f��,
<br /> ' insurer appraved by Lender. If substaNially eyuivalent mort€age in�urance coverage iti•���c.avai la b te.Bartawer shalF y�ay to ;•�'•�K`�
<br /> , r�` I.ender each mon?h a sum ec�uai to nne-twclfth of the yearly mortgage inwrance premiursi i+eing paid by Bortawer when the ''.:��:.
<br /> � '° .r` insurance caver.�e i,;�tsed or ceased to he in eifect. Lender will accept,use and retain these puyment�a�a la�s reserve in lieu �s?�'.>,:
<br /> . -��-�:=��•f.a�.-� , of mortgagC inWt3�I�, Loss reverve paymen�s may no tonger he ru{uired,at the aption of l.ender.if mortgage in+urance ,.. �_��- ,�
<br /> ' � 'F}{(j� covera�e f i:�t;�}..;.�a�unt and for the period that Lender requireti)pravidcd by an insurer appraved hy l.ender again bccomes
<br /> . '� : "f•"� , .
<br /> j_�}lj, , , availiw�l::«�d iH obtained.Borrawer shall pay Ihe premiumy reyuircd ta maintain mort�age intiurancc in eifect,or to provide a
<br /> r='� �.�.� ' tass:�.,:-:ve,until the reyuirement far m�ngage insur:ince end.in accurdance tivith any tirriuen agteement betw�een Botrower
<br />' i•. ..- ,- � unJ 1.endor or�pF:��:«51e law.
<br /> ` � :` • � . 9. 'Inspeci�rfi..i.ender ar it�.igcnt may makc rca.anablc entrict.��_r,�::nd inspcctiont oi thc Pn�pcny. Lendcr�ha�l
<br />. ":`• . . . , give gorcawer nof�uc•:s the time aiar pr��r t��an inrpec�iun�pecityin�r�.�cn„i:c cau,c fur�he impcc�ion. : ,
<br /> , � 1Q. Cundem`W:tion. Thc prSx:crd�uf:my aw:�rd��r clair.�fi�r dan::3:�:.4:rrct ur c��n,cyucntial.in cunncctian with uny , �' •
<br /> ;.,•,., . .
<br /> Si��:ict':::t,i;.••bannie!�1ae/iYeddk�facllC�OR�lLec�qi'�fF:Yi'-�1'r.��?;-nCocenantr 9,9(l ip�ri�?.,/npuze�� .' �, �'��:';,.,!
<br /> � ,,..,,. . .
<br /> ,. ' � . �enrtl;hrv8�7Nn.aFuiG�+.lat� :,{•��t'.:•,� .
<br /> i ,�{; .
<br />- HS...:: . in thdrf f:dl 1 P.00L?O�J3'YS!7 Yi�l 61b79i41 q . . .
<br /> -._ .� - � C �
<br /> r:�: .
<br /> �''� ���;.:�� - . �.vf,�; -.�.y ..__. . . _ .. - . - . .. . . . . .: . , � .
<br /> ._ : ; ,�,}.;� . . . . .
<br /> . . . . . . . � .
<br /> - --- =--- �.--------�--< - - - - - .
<br />_ ------ ---.___-_ -�---�- - --- ------ .-. --- - -
<br /> .�,:,_..... ... _�,--... �.. . - - - --- .-
<br /> .
<br /> .
<br /> . , - .
<br /> 3_ �
<br /> .
<br /> , . f � . . '
<br /> � ' � � � � ' . ,
<br /> � ' ; � . . . �
<br /> . , .
<br /> . . �: . ,, ' . . � s
<br /> , _ . .� ., . ;
<br />
|