:_ z...: ...: .....:.:. .
<br /> ,°' .._. _ .... _ — . _ _ � _ �--
<br /> ��'+F^ ' _ _' .~ �/: . . -_" ��;;_ _ •. � . . ., }! _
<br /> i�'�: � . . . _ _ _ _-. _"' _" . .. _. . ..._— .._-.. ..__._ .�.'__
<br /> - ' i • ,
<br /> i ' ' +
<br /> ; . .
<br /> . .
<br /> : ' .
<br /> ��1 4 � � . _ _ ,- ��� ` - . ..._._ ' ... _.-.
<br /> m:..:--:-.R .� - , 1a73'�Q
<br /> = � .
<br /> _ ` periods that L+ender cequi� The instuanoe c�ri�r.pm�-ittinS the insuranre si�all6c chosen by Bomuwer sub,�ect w L.ende�'s �
<br /> _- appro�ai wbich sAall nnt b�unieasaa2bly,withheErl.:.If Basr�t�er faiU to maintain soverage descn'Ixd abo��,Lender ne�y.aa
<br /> tender's opEion.o6tain cavesage to pmt�ct l.esd2r's ai��.cin�i�Prap�rtY in ascotdarec�with par.�raph?.
<br /> _ � All insur.tnce polici�and tessenaii sh.li b.°avovptt'w1,�ut.f:rnder actd shall include a standard mdrtgage ctause.. Lender �—
<br /> �� ' st�all have the ri�ht to hoisl t�potiries and reneu-aia�. If�Leaa�x.i:ta�uires.Borro�ti•er shall promptty give to l.ender at7 resxip�ti
<br /> = of pa8d Qremiwns and:res�al nonces_ in chc es,ni of�ierss:;8:m�p���er shall g��a pnompt norice to the insurartce camer and �__
<br /> _ -- - Le[tder. Lendee may mal�e pmof uf loss if not m�de pramptl}!Lsy�Basrower.
<br /> _- _-_ • � Uniess Lertder�Bcnraw•er oltt°M�ise agreP in,��;;ut�ce piveerdc shalt be appli�3 to cestoretioh or te�rair of —._- - __..-----
<br /> - �....;. the ptoperty damaged.if the nescorstcioa or cepair:"ss eoo�at�lis311y feasible and Lender's�curity is not tessened. IE the _
<br /> <_� restoratiort or re�ur.is not eeonnmieally.feasibT«os�Len�it;,.securit}would_be lesserted.tke insotanse Qroceeda shult be _:
<br /> - app!ied to tfie s�ms secu�ed 6y this Seewit�,insmtm�nu K'�:ther or not then due,with any excess paid ta Bonro�+er. [f �-�-------
<br /> Bomnwer abandoas ehe P�operty,os daes not,ans�a�r;K�thin�3(!days a nodce from Le�dee that the inswance carsier has _-__
<br /> -.�� � • s. Ler,der rna usc the roceeds to uir or restare.
<br /> . " offerpd to settte a c[aim,tt�esa Lender ma .+��a11o�t tha insumn.�p�� X P. �P. �-:__- --
<br /> r „: _- the Rope�ty os to pay sums sectued bs.shis Seraritg,instmm�nti n�ether oc not ttien dae. The 3Q�d�yr•periad will hegin whcn: �= - —
<br /> ' ,-°• the aoace i�giten. --_ _ —
<br /> __ ���::". Unl.-�ss Lenda and Bcnroner oth°rwi.'+e a�a ia�aaiting:any application of proceeds to principa!sha1L npt.eatend ar, __—_ _
<br /> r `�'
<br /> ' ,. , '.;�-.` posZpone the due date of thr manthiy.��m�t�tefena3 ta in psra�Qhs !and.2 or change the amount of the payme�ts. !B __ --
<br /> ', ' - ander paragraphZi�wa Propsrty,,isao�trimd,h}tiL•en��t,Borrawess rigT�t ta any in.surance poticies and proceed.�resulting j'
<br /> ,?- _�
<br /> � `.' ��i- " s��.' .: from damage to tt►:Pta�r.�ty.pFias�ta th�acquisitiRn.shall pa.cs ro Lender to ttie eatentof the suma seeurrd by tbiv Security „r�:;,«�n_,--�.
<br /> . ,� ,�"-
<br /> =� ';1`° -_';c' Inswment immediue�y�.prierrtath«�eyuitiition. ,"�: ���-_- _
<br /> ` •�: ��`-f ���€: `.>: 6. aa ..P�eserva I�l`giatenance and Pratectton ot'the Pro Borros�er's Lvan A licaf�a�. ..,�'"_�� �
<br /> �. .�;:�r;_. .:�,;.c:�� �P �3' �pQ: Pe�: •: �
<br /> 'a ' I.C:LSCIIOIdS. B6S70�1�S:SII3II .�t�li�i�*.a+i cue thc•Pr+o as Borrower� rinci al�esidence within six pda-s t �`2`'`�
<br /> .� ''* Pen}' P P tY y �
<br /> �� �fl;;� ���:.... . • _ .
<br /> � �.�,.- ` ;. the e�cutian of,this Security�lt�timeiia�sd s�.cantinuc to occut,y�.e Prop�ry as Barrower's principa!retiid�'�.'r•'at'
<br /> °=�:`:;< _ -
<br /> ,_?�:..�i f; :� �'• ...�.:_:;: least one ycar�a+Fi[��ti��i�ai��of.accupancy: �sIess Lender othenvise agees in wriUng. which conseac ��:�'� i;3,r~L�e
<br /> � � =��.��.�� ;�i�•'.,..:,.. unre�asonaht}�withh:lal;vru�le±s eacenua[ing cireumstances eaist which are beyond Borrower's control. Bcr�.u;�s�d;-u9'�:-�.e:• '��_—
<br /> � `�`� `'�'r" destray:d�m�Re os�im 3ii.tter Fro altaw the Pr to deteriorate.or commit waste on the Pro �:i�sa�i�:�s:l� � `� =
<br /> }� tt p�t�.•:, aperty Pe�Y �' �'.
<br /> . . - �:..y.�;,;�,�.�� o : _
<br /> . ,��1�!'�` bz in def�aulluf'a��tifa�rfeitius��tion m-pcaceeding.whether civit ar crimina l,iz N e gun t hat in l�en der's ga a d f a i t h ju dgm e�t �
<br /> . . � cauld �utbin•ftufri:ri�s af�the Propwty or otherwise materially impair the lien created by this Secaritg Ir�trument or . .� .`'`�
<br /> �. � Leader's-Seciuity�in'�i�cst: Borrower may cure such a default and rein+tate,as provided in paragraph I S,by ca�ing thc:aetion � �-
<br /> ,�� , � � or proceeding to be di.tmissed xith a rutmg tfwt.in Lender's•good faith�determination,pmcladec farfeitun;af thc Borrower s ���``°; ;'- --
<br /> • - interest in 1he Property or othec material impairment of the lien created bq this Seeurtty Intitrument or l.ender's security '+"���� 'r..�' . '�`
<br /> ' � '� � :•'`s,:>��`•;. interest. Borrower shali also be in defauit if Sorrawcr,during the loan apptication proce+s, gave mater'ealty false or ��'r• � . �� h�
<br /> . �. ;.:�:?�",'•
<br /> �:.".� � •;�;�4t�'��( inaccurate information or statement�to Lender(or faited to provide ixnder with any materia!infarmation►in connection with , � .
<br /> the toan evidenced b the Note. inrludin , 6ut Rot limited to. re rc-�entations conceming Borrawer; accupancy of the � ��,��_
<br /> .:;��.; .. � Y S P
<br /> :�� ,, .E._ Propeay�a principal residence. If Ihiti Security irasuument is on a 1ea5ehold.Bocrower�hap carnply with alt the provisions :�,, , `, ��t: '�;
<br /> ,:�;' ' �,E�• of the lease. If Borrawer acquires fee titte ta the�ra�riy.the iea�ehold and the fce tide shali not merge unfesc Lender agrees • . .. � .'
<br /> •�,:,
<br /> �. , :=',; ,t:. to the merger in writin�. , ;"� .�
<br /> ,c�_�.:'°"!�'°•.'�:;'.?�:, 7. Protection of l.ender's R's,�^L�.ts in the�operty. If BoROwer fail+ta perfarm � cavenunts and ageemcn�ti � ,- =,`•�,�;��,��
<br /> � ���`��i.:'� cantained in tlus Security Inatr+ime���"t�:�here i4 a legul procee�ing that muy signi�cas¢Ly aF.°.ect Lender's rights in the� i. ,�,'•�'-'�;`'�;�;�,-;y��`
<br /> � _ �`°';��:� . _�..;1�;;����` r• •rr,�c.�ra�sa::.for cande�rnariun or farfziwm or¢�e�t:�:�lawti or re ulutions).thesr -. : ,�?,�`:;',;fs?';'.:.'-_
<br /> Property tsuch ati a pr�ng in ba.�a�.� . t � ;.. : .,�.,::>.
<br /> • .,. . Lender may do and pa}i for whutavet i:`i:l:�`iy2.��, Y�-�protect ihc vatue of the��{sery��i,e�der's riFhts in the Propeny. 'r.•; •.;;;,`-':,:'{%" :' ::�R
<br /> {F
<br /> .� � . f.ender's aetions ma inelude a in ��•c�.:.:e��.c.:��b'J I1Cf1 t�I71CI1 ha.ti rra,�.^ over t':ic Securit instrucnen�a rin '''' `' �'" `' tf",,;
<br /> �• Y P Y B Y P ' 1 Y PP� S :t,dF�':i':.'�;i �-•.;���: . x;
<br /> - 'r'•�- in court.paying reasonable atromcys i��.:aad�;�.s:ring an the Propeny t�make repairs.A��i�.u�h Lender may take actiun �'{ � '�'�;' �,:`�%`�'%' �� fi�
<br /> �,s, . ;;,_t:..:.:..;:.;
<br /> . � •� ;�,i°r;:a '� uader ihis para�raph 7.Lender daes na:W.:ae w dn so. :: c _::, ..,,�.>:°�s�' .�,s�
<br /> � ' ��a'���`'"" An amounts disbuned b lw.nder�under thiti ara ra h 7,hall become additi��na14���?f Borri�wer tiecured b this :`':'f;•,. . �
<br /> .. ',st';,r.'- Y Y P S P Y '�:=i4r. -•._'-''
<br /> Security(nstrument. Unle�.ti Barrawer and Lcnder�rce to othcr tcrm�of paymcn�.the,e am��u�i7:�.all heAr intcres[from the � -��,,, _�._4
<br /> , ` date ai diti6ursement at the N��te rate and+hail b�.�aya6lc.a•ith intere.t.up�►n Rrnicc from Ler.L�r to Barroa•er reyue.ting �' ` . . .' •f,
<br />: , � payment. . •. � : 'c ., ��
<br /> •. 8. Mortgage lnsuranee. If Lender rcyuired mungage imurunce as a wnditinn af malcing the tva.n secured by this �
<br /> • � ' Security Instrument. Borrower shall t�ay the premi:�ms required,te,maintain the mc�rtgage i:.v::r;tnce in effect. If.farany ' :�.,','•:j;,;' :� •
<br /> . ;r� , . � :.'..i,�rti .
<br /> �,, ,. ::;,,,. reason, ihe mortgage inyurance cr,��::;e reyuired by Lendei�;:in�e� ��r cea.r� ti+ he in.:t�;��. Sorrc��ver ,hall pay :'v:,� ' �: �,;1,,i.;�. ;•.
<br /> ; �i. , `-r•,�3�;; . premium4 reyuired ta obtain co�•:�:subti�anu�:�y eyuivalene'co th� mart�,agr inaurance.��ioutily i-�•rffect, at a cotil ��t ,, •:. �lf;�;��;•"
<br /> , E���'.'t= � ' ` subctantially eyuivalene r�.�he co`t�o Banat�•er af��ie m��rlgage in.uranee previi�usly in eff�ct.trom aa�,:e.rnate mortgage �;T;r,;• , , , ,
<br /> �`�N.�. �`.. .� i��urer appraved by LcrLGer� If+ubstantially equi�utent martgagc in,ur.+ncc euvcrage iti not�sc��:u61e.B��a.;:�er�hall pay to �','r:;�'.� ' ,:.;_;., , . .
<br /> ,1,,:,; .' .
<br /> t,endcr each month a�am equal to ane-t�celflh oi'�he yrarly murtgage in.uranee premium i�r��.��-Yaid by Bnrrower when the „_;;,T;,,� : �,,
<br /> ��.. ...,�::., ' . ,.. .,,��;.;'
<br /> . '„.., _�.,.,. insuranee coverage lapsed��r cea�e_..r T�e in effrct. L.rnder a ill accept.u.e and retain the,c�+�,•-•.nt,ati a lo�,rcKerve in lieu � ;,�{:•; - �''•
<br /> � :.;,�;'::; of mortg.ige intiurancr. La`�te+��._ ;.rayment�may�no long�r he rrquired.at the uptiun r�c t�:-;dcr. it'mongage intiur:mce � . . ",'=�5;' , '
<br /> ',f`:. caverage lin the amount artd for th��,c.�iiud tlr.it Lender require,►prorided by an in,urrr a���::ed by Lendcr again(xcamer •'''' ,
<br /> .' � . . avaitabie und i�oMained.Horru+vcr�hall pay�hc�remium.reyuirrd tu mainlau�mort�age ini:,rancc m cffecl.ar u�providc a . '
<br /> �
<br /> . � " lo�ti rc�rrvc.until thc rcyuitemcm fi+r m��rigagc in+urancc cnd.in accurd:mcc with any�+riucn a�:rucmcnt bcta•ccn Boni��scr ( • . • . • .
<br /> � ` • and L.encier nr applicable law. ! .
<br /> • ::y :,;
<br /> ";?y�i,_;�. ' SI. /aspection. I.cnder or it.a`,em may make rra.unablr emrir.upun and in.pecti„r�c;the Yruprny. Lender.hall j
<br /> °�'��:-•� give Horrc,wer n��Ucr.it the tim..��f�u priar te��in in�pectiun tipecif}•ing rea.�mahlc cauu fi�r t!te m�pectiun. �
<br /> • . _,,.�,. .
<br /> ; � 10: Candemnati��e. T'he prucccd,uf�any aa•ard or claim f„r d.nn:�gr..ciirect„r c�rnK��ucmial.in cunncctinn wilh anY ;
<br /> • " } "� Smcirl�.un�h-�Eannie�ti�r.l�rtvtdie�tacl\IF'I)It�fl�ti'IRI�Ct=.�'f-�lndnrm('��..n.mh 49(1 i�r.r:r?�,�4r�,i;,•t� � F
<br /> . ' � ie.�,��Ld,r.Isd.�M..Y�im..In� � �. . . , ,
<br /> .. ��16 1SU1U'�i1F44h"1 �IY 1.11r1'�1•11:11
<br /> .� � !
<br /> ' >! . ;- .� . . • . , � � ' �
<br /> ;�,�' , s� ' . � � .
<br /> �t ' •
<br /> Y. ' . . •
<br /> . . � . . . • ' . .
<br /> . � i
<br /> .� ; �I ' ' . � ' ,
<br /> .. �.. . . • ' � � � . ' � ' • - ' � - .
<br /> �. . _. � . . __.
<br /> � , , �
<br /> .
<br /> t
<br /> � ._
<br />
|