|
.�. d�.
<br /> . , '���•�' . _r�,.
<br /> �� } �..��.f -
<br /> h
<br /> � � 93M so�t�s
<br /> � pedods tiwt L.cnder royuircr. Thc inRUrnnco saRkr providin�tho lnrurance rhall be choaen by 8orruwcr subJec�t lo l.cnderti
<br /> •pprov�l which sf�ll nd ba unKa�otnbly wUhheW. lf Banuwer failw�o mAint�in cavcr�e deKCrilaed ab�uva.Latd�r mry�at
<br /> ' Le�tderk opli�n.ab�in coveraye to protccl Lciularl�d�ht�in�ho Pn►perty In uccnrd�ncc with pwrA�raph ..
<br /> All inrurRnce�HcleK wnd renawdr�II bo prce�ablc to l.eiuice And chrll inc�u�b a w�lud mort�w�e cl�we. Lende►
<br /> xiwll havo�he�ipht to I►old�hc policirr w�l rcnrwulK. If'Lcidcr ayuirc�,B�►m►wcr Nhall�m►mMIY�ivc�u L.enctcr all rcreipt8
<br /> of paid prcmium�ond renew�l nWircK. In Iha evcM nf lwu�,Barn+wer�ch�ll yivo pnHnpt notice w 1he itu�ur�o earrkr uKl
<br /> Lender. Lxnder muy muke pnwf ui'lor�IP ru�mwkr pr�rmptly by Burn�wer.
<br /> J Ualesa Lendar und 8orrower WhenviKa agree in wNi)ng,inkur•uip�prc�cadr+Fhall he opplicd to�e.rtorntian ar nepuir of
<br /> the Property dmm�ged if tho rcxtw�tinn ur repuir ix eaMfqmiunllw�fy�fi�hla ond l.endcrk cccu�i�y ix not leaxened. If the
<br /> F��•� restoradon or repafr ie nat ecaxxniaally fisaRibla or,l.rcnda�k saau�aly�.would ba lacsened,the inxurance pmx:ced� shall be
<br /> epplled w the sume secured by this Securi�y Instrumsnt. whatltsr a',ixit,than�duo,with,any excesA p�id to Barawer. It
<br /> Bom�wer abnndona the Ptopehy.oc duBa not anxwer widifn 3(f dayd o natiqo fi�pm�1+ender thet the insuronce carrter has
<br /> offered to settle a cluim,then Lender mny collaet tha ineurana¢procseda. Lender may ur,e the procceds ta re�air ar rcstor�e
<br /> the Property or co pay suma secured by thiA Securky InntrumenG whQlha�or nw then due. The 30�ds►y pertad will begin whcn
<br /> the notice is given.
<br /> Unlesv Lender and Borrower otharwise ugree in wriCsng.uny applieution of proceeds to principel shall not extrnd or
<br /> :, postpone�he due dute of the monthly pnymcnGg referrcd to in parag�phR I and 2 or chun�c the umount af Ihe payments. If
<br /> 4�, under paragraph 21 the Propert� is acquired by l.ender. Bor+vwer's right to any inxur,u�ce policies and proceeds resulting
<br /> from dnmage to the Propeny pnor ta the acquiyi�ion ahult pus�to I.Kndar w tbe extent of the suma securcd by this Security
<br /> ; � , Inatrument immediately prior ta the acqu�9ition.
<br /> ;i.y.;., �t�;,;�t;� b. Occupaocy, Preaervotioo, Mafofenance aad Prot4ctWp. of the PropeHy; Borrower•s i.oaa AppllcaQon;
<br />� -•� •r��. ��'��''.;,'� i�� � t.easeholds. Horrower shall occu establish,and ure tha as Ber�nwer s rincf nl residence within 9ixt da s after
<br /> �,�:s,,,,., �'<<:i!>%��^' " PY� ProPcnY F P Y Y
<br /> f.�,f5(��;� ,..;�,,� � the execution of this Security Inytrument und shull continue to occupy the Property as Borrower?s pdnc:ipal residence far At
<br /> ' '�"''(', �;;s ,� ,y least one year ufter the dnte of occupuncy. unl�ss Gender othenvixe ugrees �n writing, which consent shalt not be
<br /> ,.,,.��,
<br /> .;,:: :•-,. w„. ,,,,.
<br /> ,r,_. . ,, . „�,., �;-,..;It unreasonably withheld,or unless extenunting circumRtances�xigt whirh�beyond Borcower:s control. Borrower shull not
<br /> t'•i:;!•'•`.,;,''°� jV'�1.",':�;'''� ."'�`"';-� destroy,dumage or impnfr�hc Propeny,aliuw tNe Propeny to deteriorate,or commit wu.4te on the Propeny. Borrower shall
<br /> ��.�'':.kh ����.kr�.
<br /> ,-,,��;;,, �.:,v��•?�;.•;, � be in defuulc•if uny forfeiture nction or praceeding,whether civil or cri*^innl,ia begun thnt in I.ender s good faith judgment
<br /> f:tt� ;�..;r`�:�;;,..._. ;t,t��,
<br /> �_.y,,•.,,, �;�,t;�,{.„�•�. ��.�,�,, cauld result in fo�feiture of the Propeny or dh¢rwi.re mnte�tdly intFair the lien created by this Security Instrument or
<br /> �t;.,;�'. �t '::,.�tit��t'E y; Lender:s security interest Borrower muy cure xuch u d.•�'aulc and reinstate,uti provided in paraRruph 1 R,by cnusing the uclion
<br /> `t ';;�r�. ���"¢e`.i�'f�N��t��� or procecdipg to bc ditimis�ed with n ruling thut.in�(xnder��ood faitte deterntinution,pnecludea forf'eiture of the Barrower�
<br /> f�•=:y��, •,• �f.:;,:5<=tr?y���a;lt%, interest in the Qr rt or other muteriul im nirment af�he fien creu[ed b this Securit Instrument or Lender� xecudt
<br /> . ,trr:-,. . •;,,ti.r� c•��:,� .Y• W� Y P Y Y Y
<br /> �"��•::::� -'�:•� `+' '7'"�{�"'�''�� interest. Borrower xhull nlxo be in d�fault ii Bc�rmwer, durin the loan u licution rocesx, ave materiall false or
<br /> ,.;P,;;... tJ�,�')f::,�,�a i, R PP p � Y
<br /> -4,`:i',::•; '.�.`,•.i`y����{;��:H�:'y�.�`;�,� inuccurate ioformation or stat�tmants to L.ender(ot failed tn provide Le�der wi�h any malerial information)in connection with
<br /> +•,c;•;:^•�:' �'s;;;:�:'•I ti,�,r�.',,;� Ihe loan evidenced by tha Nule, inuluding, but ncx limited to, representaiions canceming Borrower's occupnncy of Ihe
<br /> „�. :, • ,�,..;r .},;..; :�, . .;. •1 P�openy as a principai rexidunce. [f thi�Security 3nsTrumen�is on u leu,ehold,8orrower shulf compiy wi�h uN�he provisiom
<br /> 4 ' t�, .•'',�;�' • of the lea.se, lf&Hrower:�cquires fec�itl�t to the R+o�eay,t�e leasehald und thc fee Ntle shull not merge unless Lender Agrees
<br /> :,,��� �. ' ' , to Ihe mergcr in wdting.
<br /> ���,�� � 7. Protectbn af I.endQr'9 Ria6t�c �n the Property. If Burruwcr fuilti ta perform the co��enuntY und agrcements
<br /> �� ' . rnntuined in Ihia Securily InnlrumunG cx thore� is u Iagul pmcceding �hut muy xignificuntly uffect Lender's rightx in the
<br /> Propeny(xuch us u prcKCediu�s in bnnkruptcy,probutu,for condemnu�ion or tixfriwrc�ir to cnforce luws or regulations),thco l
<br /> � '� , , I.endUr muy du and puy fi�r wAutrvcr i�ncccssury tu pn��uct�hc vuluc of thc Pro�rty and I.ender:right�in the Propeny.
<br /> Lendark uctionx muy include pnying any,ums serurcd[iy a licn which hus priuriry over this Sccurity Im�rument,appearing
<br /> ��; � � in rourt,puying rcuw�noblc uuomcyx'fcc.nnd cn�cring on thr Pro�xny�o midcr rcpain. Although Lcndcr muy�uke +K:tion
<br /> :�:��� undcr thin pur.�graph 7.L,cndcr Jck.n��t huvc tu do,�i. ��
<br /> �Y . .,,•��. Any•rmowtlx diNbu�ed by Lrndrr undcr Ihi. par��ruph 7 ,hull ix;a►mc udditianul dcbt of B��rniwrr,ccumd by �hix
<br /> Seruri�y Inr�trunwm. UnluK.&�RUwcr unJ Lrnder ugrrc lo iNher�enm uf paynKrn.Ihcyc amoun�s+hall tkur intem+l t'rom Ihe
<br /> '�t• �'. Jut�r of Jikburvenwm ut thu Ni�iu ralo and xhull ix puyublr,with imc�.t,u�xm nuticc t�ram L.cnJcr ta Borrowcr rcyucxtin�e
<br /> ' puymun�,
<br /> i! ;`. • � � 8. 1190rtuuge[NeurAnuc. 11�I.cndc�rsyuircd mongagc inr,uruncc a+ a conditiun uf muking thc loan+ecured by Ihi.
<br /> '��'�t;•�: ' • '�':;��1i S�scurily In►�tivmum, liurrc►wur.I�nin�roy �Ue premium. reyuir�J �a muirnuin ih� m�muu�c� in.urunre in el'fect. If. ti�r uny
<br /> �•.4,;. ., ••
<br /> ..• ,r��•,• . •, .r nru�n, Iha mah�}u�}e inHUr�nce co��era�tc reyuimd My LenJer Irp,c. ur cenre, tu he in el't¢cl. 8orrower tihall p•ry the
<br /> ,.�<<�1�': ... . pn;ntiumx neyuinsd�tu ohtuin covcragc .uh.►undally rquivulcn� �u Ihc murlgu�tr in�urancc prcviuu�ly in cffecl,ul a coyt
<br /> �Sr� . -.—__ ". �'��,,:: �:phsr.intfall;: equivalcnt tn thr ccr.t tc�fle�rrau�ct'uf thr inungage imuranre prcvi��u�ly in rifect.fmm:m uUem;ne mongage
<br /> ' : intiunrr rpproved By LcnJec II'�uix�unti�llv cyuival�n� mnngagr inwrancr l'O\'l`f:l�Cl•1\IIOI'JYUII:IhII`.Bnrruwcr+hull p;+y to
<br /> ��h�,;.�� ' LenJcr cach month�u xum cyuul lu unr•�weltih af thc ycurl�•mi�rtg;�gr in�ur.uxc premium Ixing paid hy Burruwcr whcn ihc
<br /> .�:'-'�•.:" t `• "' �, in�ur�nce rnvcra �lu uJ ar rru.rJ lu ik in rft'¢ri. Lendrr a ill iirce t u.c:md re�ain thc,� a�m�ni.�i,u lu..re,rrvc in liru d
<br /> , «''<:::,, .� of mcxt ace insur�me..Lo�s rc,rrvc i•mcnl�ma no lon�cr 1+� re uircd. 01 Ihc u iinn �i'Lrnd�r, if murt�a c insur.mcc
<br /> ., & P�> Y b 4 P b F �'
<br /> . :. , coveragc tin thc umount unJ tiir�hr�xri�xl that Lrndcr nquin+l providcd hy an in.unr appruvrd hy Lendcr oigain hcr��mc.
<br /> . .. '�'; . avuilublc und is abtuincJ.Barruwrr.hall pay�hr prrmium.myuircd ic�maim•rin mun�a�:c in,uranrc in effcrt.or tu providc u
<br /> �'• ' � a �r
<br /> �1 r �: . ' ' ,° low�reserve,umil Ihr nyuiirmcnt tiir moreg���r in�urunrr end.in accordanc�u•ith:m}•a•rilten:��trccmcnl txt��ern Borrnwcr
<br /> " ., . ,, und I.ender or uppliruhlc law. ,'°
<br /> �;^•��., , _.•� ,� '�1?� 9. Inspertion. LrnJcr��r il�agrn[m,�y makc rcu�uns�hlr entric�u�u�n and in,�xrliun�uf thr Pro�xrly. Lrndcr�hnll
<br /> (•�; ; � ;,, ; .� give B��ttow�r milirc a�Ihc timc uf or pri��r t�,:�n inti�xcliun.�xcil'ying rr.�sunahlr cau,c li►r Ihc in+�rtiun. �:
<br /> �,:;�;:.: . !0. Condemnwtion. 1'hc pnkrcJ���f;u»•u��ard ur rluim ti,r damage,.Jirrrt ur run,eyurntial.in rimnertion wi�h uny .:1�i
<br /> 4;� , ,
<br /> �� . �� timglr 1•rmd�•-Fannk��1:ie.'Freddie\fac G\IF011\1 1\Sl'RI'�IE\f l'mtumi('u�enam. 4/90 yHipr?,�/n��,i�r.i
<br /> '?. litfdl IYIM RY�Mw F�NAU.NI� �
<br /> �� � b��MrrCWI IdMMF!.NF8:f9301.UrIbTl1•1171 '
<br /> . i i . �
<br /> � �
<br /> ^ ' � +. . . , r.—t,—F— ... ,--------- - � . -- � '_ , .. � �. .. ..."�i• .�:�A•);:r-.�.. � . • -- . � . . .
<br /> ' � a.,- r. � r-.;., � .
<br /> _' �' ` .. Q _ ,
<br /> 4:�� 4Z ! ' � '. ., � ' 1
<br /> � /� � - �� ' .. . ..
<br /> � '� ' .. ..
<br /> � ,. - � - ., • s .
<br /> .. „ . • . � .• ,� . . ,
<br /> .. t., , � . �.
<br /> .. �,x�u,. ,��•�� � .. . �,• �.r��..
<br /> ' • , . • �
<br />
|