|
--.= _
<br /> - — ---_ _ . , , _ _ _
<br /> ,:�—._ -._- . . -. �`�'�- - -- - --- - -- -- �- � _-__
<br /> �� •:�?:. `�'. _
<br /> _��'� . . ' ��' _ �� 1. _ , � . . . _ ... -.
<br /> ..
<br /> •'t,. �. . o�
<br /> .,
<br /> � ,; �
<br /> .� ,,, b. _--
<br /> .:i: ; � � t', ` �IY�.?� •. � ' _ �_
<br /> .
<br /> . ,
<br /> .� •.•
<br /> � ..�. .,
<br /> ;,.i : , v � ..�. �.yrt.•,. ._.:..: _ .... -___
<br /> �.. . .. � .
<br /> - �:�i . ��. ` �ww�■���■��::+i11� --- - -
<br /> '_�,�1,`. _ ^,� `\ ; . . - �
<br /> _,ti �_�� g�,� . iv7�i� - �
<br /> -_- ��.
<br /> s ue�.�''3'�e insuratue caaier pcaviding the insur,�tce shall 6c choscr►by Bamov►er subjcFt m l,cader's
<br /> petiads.th3�_.1•��� ra e
<br /> - �:. �Qy�t�y�t{i,;Ft:�hal1 rwt 6e unceawna6ly withheld. [f BomoKCr faits tatnaint�in eover�ge de�cribed�6oYe.E.eatder r�y.at �
<br /> � Lcndef��gr,s�se;oDtsin coverage to protw.-t Lend�r�rigttts in the Ropeay in a�:cordance with paeugr�Qh 7: . - <`
<br /> - i AIi en5w'a�►ce paticies and r�wals shat�bc arceWabteto Ixndet and shail include a siandar�#mortgage c[auso. Let�der
<br /> - shatl havc the right ro.ho?d the policies and renewal5. If Ler�er requires.Borro�ser�hall Frotnptty give ta Lendrs ail tticcipts .
<br /> of p�id pminiums und rc�wat aoticcs. In the evrnt of toss.8orrower shall gi��e pmmpt notice to the insurance carrieF and,
<br /> _ L�d� i,ca�m�y make pcoof u�loss.ita�t rnade proinpily by Bormwer. - ---�� --
<br /> - _- !)nte.cs l.Qnder and Bnrrowcrotherwise agca�e in writing.msurance proccedy tiltafl t�e.o�t�l,;�:tl 4a�tq;��j9�.os mpair of
<br /> th�.ptn�ty damaged,i�'tAe restor•.tion or repair is econamic�Ily feasibte and.l.encj�t:`� �urity,•is,at�,q,:rc�tl.��i be
<br /> _ ce.stasatsaa�pr repair is nra.s.�Sanomicaliy feasibte.a�,ILead�.'t''s security uoWd,be'.l�.se�,�ii�s:�in.1l��nf:.R.¢r�tt��•
<br /> apQiitd•to.tt�esw-na..secnuar1:hS.thisSecurity [nstnt�^r:�.a[tetherornottr.e�.dur. witi���ny,e�ccess,�paidk�tac�'�wer. If _
<br /> - - BorroNtec aban�ns-the Pac�p�tty-or does not answet wit�,30 day�;a nW.ic�.frpc�,l.pul�r�hit.4�`.in;yti4ca�c�rri��r has
<br /> - o£feied to seWeg ciaim.then Lender m�y colt+ect�.insurance Qmceeda....L�ui.er t�y.�se tig:,�srqcecd�:tq. iFi�r restore
<br /> - thC Pt'opetcY�r�o gsY sums secureA by thi5 Secu[ity InshumeRi.witetl�T.or��l.hezt du�. 77te.30-day�ri4d,vri (;B&in,when
<br /> -- - the�tic�is�zsvea. _
<br /> Unlef;s t;ender and Boirower othemise agme in wririeg-any.appli�sat[va of proceed�.to pr,i�tyri�i shal�,�cqt���tend or _
<br /> �.the due�iate of the monthly PaYments ref�.ta in paragranhs:I und 2 or sh3nue xJx:,a�nNrt,.4�Stu3�f?�3��antc. If
<br /> ��P�Ph 2T the Propecty is acquired by.Lendar'��Borrower's rir,,ht_(o.ar►y.in,5u���pa�i����,P�?�s:resutting
<br /> _ . fram damage ta ttre RopertY Prior to the acquisitior sf�all Qass to L.ender to the,eatent Qf llv:,sutt;,r:te�yr.Y�?�3i.lSus Secutiry ---
<br /> Instntmeht ifimediatety priortu the acqnisition. ��
<br /> t� Occupancy. ['reservatiort. hlaintena�c�;��Psotection oY.tht,�L'r�opRr.ty�;;Batt,4We,�'�'=1.aan Applicutfon; _s�x:.—;
<br /> Leasehl�ds Brnra�et sha�l,pccupy.establish.an,��.�t�te_�P�Y as Sa.�wer=��ci.t�if�t x�idcnc�with?n.sixty days after ��-=---
<br /> '� the.executipn of.thi;.SecuritS;Instrument and shalt c+u�tEim+te ta occupy the pro�:as Ba:�rpweti's principal residence for at , _ �i;
<br /> . �� _.::r
<br /> � , leaston�.�yea�'.afcex:tht:,date.of.occupaney. tuitess Lender oi�Y:i,�}�.a�:°-Q`±•�,�WC1s�t6���,w�l;b�eoasent�hall nos 6e sy.:��z�
<br /> S
<br /> v:"=rs�-
<br /> ' . �yi.� . uraeaw�sly with.h�ld,os an�;�s exteauat�ciaumsiances exiet.�.Ri:it�are,t�eKan�,.�oxtc�!�er,s,.;cr..ual. Borrower shal�not ,.�.�•-_
<br /> d�y.-d�ma�Ar.imp,air.thePropefty.:att:�x,the,PropeRl'todeieciAa'ait-.:o�CamtilV„Wa�tc�An��?P;.��.rapesty. 9orrowerstta�l. `•',s �� ,..
<br /> =,�� �, ' �� be in defait�t:�if any farfeiture action or piroceedier.,�vhether civil or�rim'vial.,�s.t�guq�dt►ab.in�ender's goad faith judg�n��...
<br /> - - • cMrdd re3ult in forfeitur�e of the Roperty or.othet'�vis�:tsiaterially impair,th�„liett��ated by this Security Insu�t�z�*•:.'�c. ' , _
<br /> - AII¢%rta
<br /> - ;: : ' ..Tx'rider's iecurity interes� Borrower may cure sueh a deCxi�f�and rein_�t�te.�.s Qrc�Yid�d in QaragruPh 18.by c tt�a� �- =.'':;
<br /> � - �;: or prc�eeding to be dismissed with a ruling that,in Leader•'s$ood faith determination,precludes forfeiture af the�cc��er's t �� .
<br /> ' �� - "� ' � int�ez�est•�n the Propeity or oiher material impainnent.af.tf,a lien.created by.this 5e�urity Instrument ot Lecfiier'r=,security �.
<br /> ` ' iirt.revt, Borrower shall atso be in default if Bomower. during.,tha,loan.appliratidn proccss. �ve mater�.�,i�false or . �, ' i,;°�.�r
<br /> " �� :�,,, inaccurac�information or�tatemen�s to Lender lor faited ux provide Lender with any material infotmation)in cor�iion with . �-'� . — __
<br /> . th�e Iaqn,evidenced by:,tF►,s„Note, inciuding. but aot limi�d to. represerrtations conceming Barrower:s accu�a2.��.-'� of the • e-r __
<br /> ;;, =` Prvpetty ac a princip�l�e�id�nce. If ihis Security tnsttum�u�s oa a�teasehold.Br.rra�ver shall comply with alt tize�ascsvisions 9 Y_
<br /> , :=� _: ' ' oY xlu;le�a.sn. If aormwer acquires fee title to the Praperty.�:e tea.y�:c,'r3 and the fee titfe shall not merge unless�.�..s;r agrees . �e!- ='.�
<br /> . _ ° . • tottr..mr:rg�inwriting.
<br /> � .', rr�,..,. . �. • 7, pp►tection of Lender's Itights in the Propevty. tf Baomwer fails to gerform ihe curenants.a;�i a�eem�rrs
<br /> � '�'•�'' contaln�c�itr�ihis Security Instrument,or there is a lega! proceedir.s that may rigniticantly afFece E.ender4 ri•�hts in tFre, • �'+�� _
<br /> . ?� , • Pcopgrt.y(such ati a proceeding in bankruptcy.probate.for condemnatian or forfeiture or to enforce taw:�or r�sfa:.�anc),then ;'� i _•.�
<br /> . Lender may do and pay far whate��er is necessary to pratect Ihe value�+f the Propeny and Lertder+right� in�:,Prapeny. � . �_, .. �. '�.•
<br /> < < Letider4 action.c may inciude paying any sums tiecured by a lien which has priority ove�•ihis Securiry tntitrume.=�:'�ppearing � '-�:"�.,;
<br /> �• �' ,jn;eourt,paying reasonable attomeys'feer and entering on the P�roperty to makc rcpairs.Althaugh I.ender may take acti�m • �4,+,�_
<br /> ' �'. '�.�� �•der this p�.�raph 7.Lender daec not have tc�do�a. �';: � ...���;?•; �
<br /> ���:;' `���'� -�.? �� ' Any�m.t::nts disbursed by Lendrr undec thi�par�raph 7 tiha(t hecome additianal debt of Borrowec sesr::ed by thiy '. .�.��'•.�. �=.'� L;�s..�'
<br /> I"3`��'� `� , • ' SecUrity Instr�:nent. Unless Borrawcr and Lend:r agcee co�thcr term���f p;ryment.che,e amounts�hal!bear ir�cer.a�t from thc � ��.`.-
<br /> - s�,;,�,,r�� . ��:. ... .
<br /> ,''�4�5;'.�` . : date of dislsur�e*^ert at the'�ote ratc and tihall he�at�ie,with ir.trnyt,upon no=:��frum LA:nder to Barror,��r rryuehting
<br /> �,s;:>,.�.';,�:: -
<br /> � � ��` %�' ' • ;�,, paymen� ... :'.-.:?--.
<br /> ' �;:,� S. btar�e�as;�^�re. Ii l.cnder reNuired cno:�_:`e in��r�:�:c ac a conJition of making Ihe loan seeured by thie ;,�':x::;p;��',�',,,,_,.,,•:: •_ .
<br /> .�,i,,,,,,,,,,,,,;,,.� ..
<br /> � Security lnotrument. Borracaec s�a1l�a� ti.�.prem::�m..rzc;�ired r�r�:ntain the mortgage in+ur�„c�; in effect. If. for an}' •_.'.>=:F�,!.,?�:A.;;::��-�
<br /> � �,�' • reason, the mong�ge in�::r�:�ce co�ecage rec;nirrd h!� t.ender t;r�.�: �r ce•r.,eti ti� bc in effr�c. Qotrower shall pay �he � • , �f.;�•:;�-:-;'�:;
<br /> �j" ,.. . . aremiums reyuired to obta::�cati•�a�e �u�>ta�tia:t� a;;:rivalem a> the mnrtgage i�.ura�ncr presiou�ty i:► ef�ect. at a cost �.. . �`;;�'":` :
<br /> `• �ubtilantially eyuivalent to the c�st tn E�:�rower��f tfie martga�c intiur.mcc prcviuu�ly in effect. Prom an aiscrr;�te murtgage � .
<br /> Y , ��f: insurer approved by Lender. If wbrtaaiix;';�equivalcnt mortgage in�uranec cover•rge iti nat availablc.Bnrr��,c�r,h.dl p�y u, r .; : '.. --
<br /> ��� '• ' `�'`�" Lender each m�mth a.rum equal ta��r.:-t�c�r::th of the yearly morlgage imur:mce premium heing paid by B«:rc�wer when the �.. �� '�• • ��.
<br /> .:':r'+�'.;,+ � ': . ';'-_� ,':;ittir'��.
<br /> " �"r�;i}i' � insumnce coverage lapuud ur ceased tr�tr_°:-�rffce�. L,ender will:�ccept.utie anJ re�ain the�e payment�a�a loz�re�erve in lieu ;;.;11._, .
<br /> " ` '.,�,� :.. ::'i�. of mortgage in.uranrr. Latis rc�crve pa���enh ntay no Inngrr be reyuirrJ.��t thr aptiun uf I..:ndcr. if mc�rtga�c intiurancc � , ,,.`� ."',;;t„'� ,
<br /> , � ' 6'�.,.,.
<br /> ';:`'.,.j • •..
<br /> . ',;�,r..' �.:;'� cover•rge lin thc amount and ti�r thc period that I.cr.3�T crquire5l pr���idcd hy:ui rn,urrr approvrd hy L�ndrr�_wln becnmc+ ,;,::.�; ,
<br /> � ';�;rr;;�� � � • : � available and is oNtaineJ.Borr�,wcr�hsAl a thc r�.,_c;;;z.rr uircd ta rnaintain rcinn��a c in�ur.mcc in c((cct.�s;:k rovide u
<br /> � y � "� y r �' � f���,�:r .
<br /> , '' ' `;=� locs reserve.until the reyuireinent ti�r mangage inti�,run:a endti in�ccurdancr�ti�ith an} ��riltrn.��reemeni betuv���iurru�►•er �' .
<br /> ... , ;'"'' and Lendcr nr applicablc law.
<br /> �''���t`�� 9. l�spection. Lcndcr ur it.agcnt may mak� rr:�anablc:nrr�-�upun and in,pcctiun.uf ihc PraEx:rty. ���r:Scr,ha:l
<br /> ;,;� � ,
<br /> � . give�orrower nolire at thc tiine��f vr priur U►.+n in,�_.::.,���pccitj cr.;::�ciumaMc c:iu,c t�,r the m,pecti�m. ,
<br /> • 10. C�mdemnatian.,,The prucuedr of:�ny'7��•a:.1,�r�laim for�lamarc�,dirert+,r cem.equcnt�al.in cuun0.�+�ut ticith nm � !
<br /> ,.: • . i
<br /> . timrlrF;undy..iannieNar.k'rcAdir�lacl.�IF{►ItVI�ti'IRI'�II:YI' •li�dunuf'�nrn.mh 4'H� lpr.:�{�,)��I��ee•v
<br /> • , ' • :`_ � nrc,�I.Jr.1:4.lt.ev H(nu..Inr � ` - .
<br /> . • Grl7drt�.JF I�:�K��IILS�"S!q .Y1t6p.i9111:1 ;
<br /> � ` " . . , • � II ' � . .
<br /> . � . . � ' . . � .
<br /> i
<br /> .... ___ ' �� _ ."_"'.:..::- ._._.__ . __ � �..._- '._'_"' � : _' _ __ _ � - _ ___ _"'_'__ - _ __..-__. .. _ ' _ ' __ — _..'_ _
<br /> . ' •. „ t , . . . . , .
<br /> � ' ' � # � . � � ' .
<br /> • . . ' . . ' . -� .
<br /> � . �.; t '. , i. . i� " . � � --� ' � � . .
<br /> . . '. � . ' . '. . ' •.• r' . � .
<br />
|