|
,:i�a
<br /> y..
<br /> . ��0,
<br /> � �l.'in: , y
<br /> �'� �h, ti�;�i.: _•�,'
<br /> 93`so'�s�.s
<br /> S. Hmrd or Property lnwnpoe. &�rmwer ttu�ll kap the improvemenu now exiuin� or he�eafter erectod on tho
<br /> Property inwrod ydnct loss by flro,luu.wrda inaludad within tho term "extended covem�o" w�d any other h�arda,incl�6in�
<br /> flaods or floading.for which L�ender roquircs in�uoanac.Thia insuran�c elwll bc maint�iood in the amounts and for the perfod�
<br /> th�t L,ender roqulrcs. Thc ineurance cArrier providlnp�the incurance stwll be chosen by Hcxrower cubjoct to Lendcr'e appmv�tl
<br /> which shell not i�o unre�sonably withhcld. If&►rmwor fails to tnainuiin covernge de�cribod�bove, I.ender trwy. ut l.ender's
<br /> aption.obtAfn rnvoa�e to pnxact I.endor'r rights in the PrapeAy in+iccordwnce with pwra�raph 7.
<br /> All Insuranee�liciea wwJ.rcnowxlk�chwl) ba uacrplubie to L,ender nnd xhpll include u �t�ndwn! martQage clou�e. l.endor
<br /> ahall have lhe H�ht 1�hold tho policic�and�nawAlx.If Lcndcr rcquires,Borrowcr shull prnmptly givc�o t.cnder All toccip��af
<br /> p�id prcmiumn uid rcnew�l naticeA. In!ho ovont c►f fnn!►.Borrower shall�ive pmmpt n�tica tn tho iruwanue carrier wid l.00der.
<br /> Leader moy make pmnf of los.c ii n�N mwda promptly by Burrower.
<br /> Unlesx l.endo�wKl Barmwcr Mhorwire wgrce in,w�iting,insuro�nce pmceals Rhull be appllod to restor�tinn or repQir oi the
<br /> Pmpeny dwmagod,if the r�oration or repwir fa econnmically feasibte and[.cnder's�cecurity iR n�t IeS.rcned.If thc rostoration or
<br /> repair ir rxu economically fea.wible or I.ender's saeu�ity would 6e lessenod. the insurance procroeds clwll bo applial to the sums
<br /> securod by thia Security Inslrument. whether or nat then due. with any excess paid to Barrawer. If Bomower aban�ioos the
<br /> Pmperty. ar doeg not anxwer within 3li days e ncNiee from l.ender that the insurance currier ha.4 ofFerod to setde a cla{m, then
<br /> l.ender moy colltct the insur�ce proceeds. I.endar may use the proceeds to repair or rcstore the Property or to pay sums
<br /> cxurcd by thls Secutity Instrument, whethar ar nat d�an due.The 30-day periad wiil begio when the notice is given.
<br /> , , Unl�cs Lender end Bomnwer ah�rwisa agrec in writing. uny applicatian of praceeda to princlpal ahall not extend or
<br /> • . postpanc the due date of thc monlhly paymants neforned to in parr►graphs 1 and 2 or change thc emount of the payments. If
<br /> ". � ` undor pxragraph 21 the Proparty is acquired by Lendur. Borrawer's right ro t►ny insurance policics and praceeds resulting from
<br /> '�'� �`..�^i�`,�:w'{S%"°54 r danwge to the Property Prior ta the acquieition shall pnas to l.ender to the extent of the sums securcd by this Security Instrument
<br /> ' ' '�"-��'°F: :•.'�4�'�:" ,. immodiately prior ro the acquisiNon.
<br /> ,. _�:,-. .
<br /> l. .a '•�`';. '�' � � 6.Occupency,Preaervalloo,Ataintenunce And Protectlan oP the PropeMy;Borrower's La�n AppllcAtion;l.easeholds.
<br /> "w-� ��•f Borrower shall occu establish,and u�e tha Pm eK us Borrower's rinci I residence within siat da s after Ihe ezecution of
<br /> �';',`,'��.�s��:,�.,�� PY• P Y P PA � Y Y
<br /> , this Security Instrument w�d shall continue w occupy�he Property as Borrower s principal residence for at least one year afier
<br /> ' :,MN�,�,r�.<x�-:^+ the date of occupuncy. unleav L.ender otherwir�e agntes in writing,which conisent shall not be unreasonably withheld,or unless
<br /> . ' ', ' extenuating circumswnces eaist whirh are beyond Borrower's cantrol. Banower shnll nat destroy. damage a� impair the
<br /> � Prapeny, allow the Propeny to detcri�rata, ar commit waste on the Propeny. Borrower shnll he in default if any forfeiture
<br /> . � ' action or proceeding, whethur civil or c�lminql, iN begun that in Lender's g�d faith judgrnent ccwid result in forfeitur�e of the
<br /> , . . ' Property or otherwise muterially impair th�Iten cn:oted by this Security Instrument ar l.�nder's securlty interest.Borrower may
<br /> �.�_ ~' ``' " - cure such a default and rcinatate,a+prm�ided in pnragrnph 18,by causing the action o�pracecding to be dismissed with a ruling
<br /> � �,. ,. that, in Lender's good faith determination, precludes forfeiture of the Borrower's inrerest in the Property or ather materiel
<br /> impairment of the licn creatai by this Security Intitrument or Lender's security interest. Bormwer shall also be in default if
<br /> ' „ � • BoROwer.during the loan applicution pn�ces.,guve mnterially fulse or inaccurute information or siatements to l.ender(or failed
<br /> . to provide Lender with nny materisl infonnntion)in connection with the lonn cvidenced by the NcNe,including,but not limited
<br /> ' ' -• to, representations conrernfng Borcower's nccupuncy of the Pmperty�t u principul resiJence. lf tbis Securiry Instrument ic on u
<br /> t.; , ! _ leaschuld. &irrower whull comply wi�h All �h� pn►visi.ms of the leaxe. If &�rrower aryuires fee title to the Property. the
<br /> leasehold and the fee tide shull not mcrgo unlosx l�ndrr ugrees to thc mergcr in writing.
<br /> �}' ' 7.ProtectMn of l.etulQr'�s RiRhtx in the Properly. If Bnrrower fAilr to perli�rn�the cnvenants and agreements cantaineJ in
<br /> � •� Ihi�Security Instrument, or there iti u Ivgul pracerding Ihat muy xignifirnntly at'fcct I.ender'c riFh�s in the Propeny(cuch as n
<br /> �� „� ' " �;'�';� prc►ceeding in bankruptcy, probate, li�r condemnutiun or 1'uri'eiturc or�o cntiircc luwti ar n:gula�ionx),then l.ender may da and
<br /> � " . • • -
<br /> �4, �,:,,:;.,, .�';•'i pay for whAtever is necessury to prutect thc valuu ��f the Pro�x:rty und I.ender'+ ri�hlti in Ihe Properly. Lender's nclions may
<br /> � �.���;'::`,`.'� include paying uny sumy secured by s� li�n which has priority �iver ihi, Security In,irunxnt, appeuring in court, paying
<br /> % •. . •• , reawnable uuorneys'fees anJ emrring�m the Pnipeny tu uiulc npui�,. Althiwph l.ender may tuke action und�:2.".::;.��b:�r:
<br /> ' `• ��.'; 7.L.ender docs nc�t have ta dn si�. --��
<br /> ; . � " . Any anxwnt.r• dixburscJ by Lendcr undcr ihiti puragruph 7 shull hccomc additional dcht of B�irrower sccurcd by this
<br /> � 5ccurity inx�rument. Unlen� Horr�»vcr and Lrndcr ag�ee to uthrr tcrnn of paymcnt, the,r anuwnt+.hall t►eur intere+t from the
<br /> • � dute of disbursemcnt ut th�t Notc rulc und .hull bc payablc, wi�h imrrc.t, u�x�n naticc fr�►m L..endcr to &irrowcr requetiting
<br /> e, , payment. •;;
<br /> : � 8. MortRaae Insurome.It'LrnJcr reyui�d m��ngs�ge inwranrc a.ai conJition nf muking�he I��an securcd by this Security
<br /> • � Instrument. &irrower �hul! pry �hr premium� reyuired tu maintain thc nx►nEagr in.urancr in el'fcrt. If, i'��r uny reason, the
<br /> '�, mi�rtgage in�uranre coveragc reyuir�-J hy I_cad�r lupk� ur c�a�i�lu h�in�I'te�t. Barra�►•er>hall pay Ihc premiwns required to
<br /> . . .
<br /> � ;;;.:,.;; .�
<br /> I p� i, .',.;'�� OI1W10 COVCRI�C SUII\IIII111:III''l't,U1YJIC111 lll llll'IflO�l�:ilE!l' II1tiU�plll'l'�lRVIOUAIV 10 l`��l'l'I.at u ro,t whstantiull�•eyui��alent to the
<br /> �'� ,. " ' � cost lo &�rrowcr ul'thc m��nE:�gc imurnncc pre�•iausly in cticct. I'r�im an altrrnatr nH�rtgage inwrer approvc�! by Lcrxier. If
<br /> ����, , +ubsluntiully cquivulent martgagc in�uru�rc����ver.�gc i� nal :�vuiluhl�. Burc�►a•er.hall pay lu Lendcr r�rh month a wm cyu•rl to
<br /> � : ' �� - onc-lwclfth i►i Ihc ycurly miirt�!a�c in>uruncc pRmium hcing paid h�• Burrowrr��•hcn dx in,ura�kr ru�•cragc IapkJ or rca�cJ ta
<br /> � -, �`'�.�` ' � lx;in effect. l.ender will ucrept, u�r nnJ rcwin tl��+;r payment.•rti o lu.� re�crvc in licu ul' mongaEr in�urancc. Lo,+ m�en•e ;
<br /> . � � .
<br /> R.� • , Fam 3028 9190 �
<br /> s a�,: . ' v.,�.�„�b
<br /> �� . ; i
<br /> ; � 5 . �
<br /> 3 .
<br /> �:.. � la!.� . _.' " '_'._ . � _..J'wl�.y4r-•�Ai -I•.
<br /> ' J' J .
<br /> ,r+ f _=�._.�__.. . , '
<br /> _' ', O.. .� . _
<br /> 1
<br /> j� , .. i
<br /> w�3; ,`� ,. 1'�' .. '. -
<br /> L9
<br /> � � ,. ' .I
<br /> i i . ••
<br /> ( ' , _.¢ °� ' '
<br /> � 1 , .
<br /> � 1
<br /> . �
<br /> �.
<br />
|