|
.T. �.
<br /> __. .. ,. �
<br /> ,, . . . v,.:'
<br /> , ... .:
<br /> _ `9� . .., � �--: — � . : _
<br /> ,:.. _
<br /> :,
<br /> , -
<br /> _ -..�...-� , . , � => ._ t ,�
<br /> .,. . , .. ;,:
<br /> ,�� . : , � ... ._ _ -
<br /> --� . ,., � , . _�_-- ----
<br /> ._..
<br /> �;'!<.� . ...:. : . � _ _. ... . . .
<br /> - _:� •;. � , .
<br /> ---- �; ... . ;
<br /> ,a,, ;.�T. .� . . i . :. . . . :
<br /> _= ;` ` . - � � � �9�--� i08�40 � , . .
<br /> _ �.�(re.�ioad�nd Ot�s Elurae¢it�ance.Bor�wer shall insure alt tmpl�ivements an the Propeety.�rheWer nnw in ;
<br /> a_�" existrme or su�soq�ent[Y emt�.ngaEatt uny tlazardc.c�u�lties.and cont�ngtncies.including`re.for which Len�requic�s •
<br /> • iasurancc.Tl�is iatur,�nse sh�t!be m�tttatned in the amRunts�u�d for tt►e periods tfiat Lertder requircw. Borrc►wer shali afso
<br /> _ . . `-�nsure a!1 improve7nertCS on thc Prupe�sY.whett►er naw in eaistence or subsequeatly erected.�gsirsu Ios.s by tloads tcr the�uent
<br /> . � requirod Sy the Socretary.Ali ins�u9nce shal! 6e carried wttA wmpanies appraved by I.Qnder.The insurattce padicees and any `
<br /> . tertewats shatl6e 6eld by Lender and sh�11 ind�zde loss payable clat��+es ia favor of.nnd in u foan aocept�ble to.Lender.
<br /> - - -- , in the eYent o�toss.6otmwer shall give Letuter intmediate aotice try mail. l.eader may make pruoi of loss ii uot made
<br /> promptty by Bor�nwer. �TSCh irtsurance ca�any ro�cemec!is.he�eby auchorized and dir�d to a�e p�yment for sucA lwss
<br /> dir�ly to l.ender.irutqd af to Barrower aM to LeodeC joiatR}.AU or uny part of the insu�ance praceeds may 6e apptied bY
<br />- _ Lender.at its option.either (a)ta the reduclion uf�he indebtedneSS under the Note and this Scrurity Instrument. first to any
<br /> == delinquent ainamts�p(ip!in il�e order ia�ar.igr.sph 3,and tl�at m Prepayment of principel.or(b)to the reswratiaa or repair
<br /> `=� of the dam�ged Prap4tty:,My apQlIration of the proc�aads ta the Qrincipat sh�l!nat eattersd or postpane ttte due date of the
<br />,•=�r:' monti�ty paycpetus wEtisit are referrec!to is paragiaph 2.or changc the arnocent of such payments.Any excess insuranec pmceeds
<br /> - - ovec aie art�uAi r�equire�ro pay all�a�tstaading irdebtedtsess andet the iVote an�t th"ss Security Instrument shal!be paid w the -
<br /> :.��: _ eMity Iegalf�y:er�atted thcres�.
<br /> in the eveat of foreclosure of�this Security Insmanent nr�er tnu�sfer of tide to the Propercy that eatinguishes the
<br /> � indebtedness,a11 right,title and inr,erest of Borm�ver in and to insurancc policies in force sh�ll pass ta the purc#�aser.
<br /> , ;.�;'
<br /> .- � S. Oowpaocyx�Pce�setv�tkr�, Mainteaance and Pmtediou of t6e Property; Bormwer's i.aan Applicatbe:
<br /> :.:,;s;;;' .
<br /> Leasebo[ds. Bomswer shall�cecicpy.e.uabtish.ard ase the Froperty as Borrower's principal�esidence within sixty days after
<br />�.; � the execurion nf this� .' 'ty fnsuamettt aM shati contimte ta occupy the Pra�erty�as Borrower s pri»cipal residence for at teast
<br /> . ane year after the dasr a�dccupancy.unless ihe Secr�tary determines this�s:rement will cause undue hardsfiip for Borrower. �,_r-
<br /> h;�� or unless exten,�1��.�5tances exist which are beyond Borrower'a.c;,�."�v1::Eosrower shall.Rc�iy Lendels of any -'�'��,
<br />_... ,-;�, extenuatir.�:�s*'.:f���:��'s h a l!no t comm i t w a s te or d e s t my.d a i r.a�;:v r�:�a t i a l t y c h a n g e t he F r o p e r t y or altow '.�:`.: . -
<br /> � - the ra�i�,,,..��wear and tear ex ted. LenQer ma ins tfte:�c_� e �f the Pro �s vacant or � r��``°-'-
<br /> � '.t�' Pcci�'tj. " CeP Y P� -�,nY � Pen3'� _ i _..
<br /> • a6andc,ned az�i�i:,��'�s i:s�.�3.:I�. I.ende� may tahe reagonable adion ta protect artd.�eserve such vacam or abandoneci �`._�_-''��`
<br /> �'�� �_-�.—
<br /> ' '`�- ` Propeny.'A�rsu�ezs�;�2so be��efault if ELraWer,during the loatt application pmcess,gave�ly false or inaccurate �.�',t-'�—
<br /> " e''�;;; • - - ��.r.�-�--
<br /> informati�a•.�, ,�-•�::�,to Le�es(or failed`t�.r��vide Lender with any material informatlon)in c6.�-„�tion with thz loan :- +• . -..-
<br /> � '•��•� evideace��a����t;,'�ncl�dir.�..£�s:not limit�to. representations conceming 8onower's occupa.��g;a�the Property as a . ��•�—
<br /> <. ;lf,, prncig:��zs-i�rnce: Ifthis Securiu=��rur►xnt is an a leas�?�Borrower shall compty`�'�:6 th�pravisions of the le�s:_ [f �-�_-- Y=
<br /> w���
<br /> .�;�r Borrower acquires fee jiile to the Praperty,the leasehold and f�title sha11 not be merged��s t,ender agrees to the ma:g�t in ���:��,�_
<br /> :2; r�'i� �Vlltlll�'. . , ..s: ir'��1�
<br /> �.'��� 6.Chuges to Td��ower and Protectfiom a��a.ender's Rigfits in the L'c�perty.Borrower shall pa}ali governmental or '��,~" .'��
<br /> '•.• .-;�,' �,�' %� ,-� ��
<br /> ' s �"R��'�: muni �'char es. flnes and impasr,'r.�ns that are not incfirded tn ra h 2. Borraarc��►:all these obli tions on time ' �-
<br /> ,. . c�" S Pa S�P PaY � :f;'::'�;; ' . ��
<br /> ```' �''�. '�" directiv�:a ihe enfity which is owed.t�.payment_If failure to pay would advetsety affert Le�'�r's iaterest in the Prapert5+,upon ? <- �%�..�
<br /> .'. .���'`,':':;� Lender's request Hotrower shall promptly tamish.�o Lender receipcc evidencing these payrrtea;s. ah�: °•;. : �::�
<br /> �• ��;;;;�` . "_°
<br /> R -- -
<br /> ," � If Borrower fails to malce these a ments cc�:,a men�c r uired b ,:c��T-a h 2,or fails to rforat an other eavenanu �`' .�,� �-`�`"s'
<br /> P Y � Y �{ Y P` P Pe Y • �.„�,���--
<br /> ' %,°` � ' and agreements contained in this Security Instrurier.Y.or there ssa tegal pra�.::ng that rnav sigaifcantly affect Lender's righu r`: •��:::.".�`v—
<br /> ��.-'• ' in the Praperty Isuch ac a proceeding in bankruptcy.for con{-w�.-»t+.on ar ae�,.=.force taws�z�egulations),then L.ender may do :'• ;;��r�.•-.•-'-�—
<br /> � .;�•, .* _ +� � ,,;,.,::;}-_
<br /> . �� ,�.. _� � .• and pay whatever is nec�ary to protect thc val�c of the Pr��}-and Lc-r-�'s righu i:x t�e Property. including payment of , � •�.• ...-�'�'�.
<br /> �,�.; =-�'��': � tazes.hazard insurarr��,.d other items mentioned in paragraph 2. . �``_
<br /> ��:�;N .;�::,;`.� �, - � . . � ��::
<br /> �.�,�� ; `,,,;.. ., Any amounu disbursed by Le�der under this paragraph�hatl bccc�me an additi�nal d�bt�s B�Rawer and be s�ra3 by , _' .,;;,r�,i:•
<br /> . �` . '.'� t i �SJI.�y
<br /> � t� : this 5ecnrity lnstrument.These ameun�9 Shall bear intcrest fram thc date of disburscment..;u:the Note rate.and at the c�3n af ��S;s;;;,.x���_
<br /> ._, � Lender.shall be immediately due an��ayuble. `;�t�l'��' -
<br /> ::� ,�,;��-_
<br /> . :,:;:`-�'� � . . : . ..;..�.�.:;.
<br /> ... '._r ��. .-_. - �' �' • , ..a-77�--9'-.�..
<br /> , �� �?-._':_' � 7. Condemnutban. The proce�Is of any ::u�.:zrd ar rlaim for damages, direct ar cansequential, in'�oru�ection with any s;'r �{f=' ' .
<br /> � wndemnation or otheF takin of an�4 rt of�hc Pro n ,or fur cnnvc unce in lacc uf u:i;ue:�n:iti6st,:,..n,tiereb assi�t�d and � �3,
<br /> , 1�� S � P� Y Y P ,, > Y � ��' '�' `,.: ��,
<br /> .}:. I� �� `J�r�3� " �
<br /> . .;7;:.h'-�.�t�,�'.:.t .,�:�'rI'
<br /> • • • � •,'!�;°s,-:.';,'•-� shaU ue�i�:to Lendcr to the extent of thc iull a►nount of'tfie s..�r�btednes.c lhat remainx ur.�^.ii��cnder t1e:'�at�and tls.is�curity �;'j��;;F;�,
<br /> � - - '�". ;r:`'��.�;�- ', Instn:r,�erc,Lender sl�all apply sucb proceedv to the reducii�ti:7�£Ihe indebtednesti under t"r�.ti'ate and t�.r'a 5ecurity Ic�taymen� • ': •
<br /> ;.�.�::�:;�• .
<br /> c:;;�:;... . _,�, first to s:;+ detinqLKa?e amounts applied in the order pro�:�:� in paragraph 3, and �hen to prepayn�er.t of princiDal. Any
<br /> • � �-°:'.� ;':'' ° a l�cara� of tlte raxeds to the dnci al shall no1 exter.d or �St ne fhe duc date of the monthi a ments. which are �
<br /> . � . PP� , E� P F' P�• P� Y P Y �
<br /> ; � �, ��QAXF1iE} a��'-a'6 .
<br /> ' >rr„� ' p � "-;�,' .
<br /> . s i �'i..,;,:�', . .���.
<br /> �`t�"',�� �.
<br /> ' :���'•+.�1i�1:•:.
<br /> ' �',`/ Et
<br /> �Y'' ,.' �ca�+'.
<br />� _ 4��.�,}1 . . .
<br /> � . f
<br /> ; ' ... 1:��• ...__....�...__.,,.__._��..-.._.� ... ...... . ..... _ . , . 5f� . .. _ . . .. .__ ____...- - , _ '_' . , _
<br /> , �11� . . . .. . ' . ' . . � .
<br /> . :!. . � . �. ' : . . • . � , � i ' . . ' . _ . r.,., _ ' .
<br />,� ..,. . • ' ; ' . .' . . • ... , . - � . " . - �.'-t�f': .i;i:�, , . . .
<br />. _ . . ... . . � • - .� -� . . . .. . .- . - . . . ,..���:,:� , .
<br /> 1 , . . . , � � - � 1
<br /> . ' ,. :' . - - r
<br /> . . ,
<br /> .. ,
<br /> . . . . . . - — - - - - - - - � � � - - �— �- -- � --- -- - � -- --- -. _ -
<br />-. . � . . , . - � - --- - - - � -- � --- �--.. _ . .- - � - - .- -- - �� . . . _ _ . .
<br /> -- -_�- - _ - — - - -- . . .
<br /> . ��, .. . • 1 , � .
<br /> . , #
<br /> . � r
<br /> � , i
<br />
|