|
.r C � \? . .a';t. '.`� .,. - _ v . :.; ` - • �`` —
<br /> � �: .. �.�: T. • '. � 1n .� I — — _ —
<br /> ...-
<br /> v �_Y.v_.��:..x�.-J�-�' '. •LS..___L.. � __ ___ ' ' _ . _.__ _ _ — — _— _-
<br />-��i .. .- . . _ .V _..3_��,�g� - .i._ ' _
<br /> ..��� . ., . ._ . _ 1 .`c- C� ..P ..._ y _..-:•� ��y _
<br /> ��-L "'=c'_—.�� .— tj . . . ` __' . �,. � . . . .. _ _'_ ' __ _.�.,} = �. - .
<br /> , . -? �. � . . . - • ' �n�-� " .. � ' �' .
<br /> `,�_'� .: ' ' ..�•, � . �.. :_l. . ., . . ,. + � ' .'._ .. � '
<br />— . `' �r ` � Q� L�Y[��.WM��`�7L3Li`��`�tlQ�����'��R��FY�111�����°� cl�.,`��.
<br />� �.',y,. .'� � �. �
<br /> t 1�qp�eKy iasun�a$ain5t-tass by flre��t878Ii�8�C��►Cd W�f�11 S�tCS11��BATG��.6bi�CF$$0�81�H�1 Q�g�9►�i���
<br /> — _t3�Qr Q�.foi wiuch �quit'�s G��:'�ta tnsin'en�a"shafi bF tmtisttai�ed ic1 tDc atnoiu�a snd£or t�e pes:�t�s _ _ ---
<br /> � .- x �
<br /> _ -�----=- — .. --- -
<br /> — �� tt�at I�enctsr;cequ�res.sha in c�sctex pmvfstt�td�:tiuu7�i�'s�i��.��`- -. -- - �
<br /> en
<br /> - ,�' w�tci�abaU uqt De unreasonably wlthlhtld.If Bartowe.r failstv malnt�coverqge.descsi6M:flDove.Le�..+naY.at Lead�T_`�` , ..
<br />- , w�• caption.ob�a�+oover�a,e to pmtcN l+eader•s tigt►ts 3n.tflo ProPeri3+Sn ucborQsnce with patagepL 7• �=°� � ��`
<br /> - ' ��it ins�ranr8 polides and renswals shatl be s+ooepta@�a to 1.emder a�t shall inc�uda a stend�rd mcztg�ge ct�wse.I�r.t�i �: .,
<br />':-- - - shalT Qave tTta.right m ho2d t�o poltcdes aad renearsi,�..ffLec�er re4uires.Borro�sl�11 F?ro�Y S�Yato i cn�er.all tnai�s�f;; ,
<br />-"` p�id gnmia�is sad renewai so�ces..In the event nf.toss.Bazrower sh�1f give prnnq�t ncdce co the ias�uanco canier a�d Lenr��e: '
<br /> ;.
<br /> . .� '• �.auter may make 1�f of[ass If nat made pramgtiy►by Ba�rawt� . .
<br /> .. ? --
<br /> --- ;�- ---� ' � - - -------
<br /> Unle�I�au�8o�wer otkeiw3se�m��-t�uanx Praoe�ise��e app��#t�t�a►r�a€ . ---
<br />--- �F�Y damaEed,�f the cestazation ar repair i��coaamlcally fwsiDle aad Lender's secmity is:aat dessen�:If the resiomiiot��ag , _
<br /> icpaar is not eoonomically feasibte or Lt�der's secnrIey would be t�.the ims�anoe proce�ds�sballl,be appl�ed ta tQe.s�a .
<br /> ' seaued by ttds Seau�ty Insaument.wh�thes or not thea due, with any e�ess paid m.Borrow�r: If Bonow�a abaaci�na�tT.t� —
<br />-' Pmperty.ar daes aot answer witdin 3Q doys a naaioe from Leadear that tlt�insutatxe c�ea��s.offem�m settta a ctaiut,th��,
<br />-. ,_, Lender m�y wltcct the insw�ao�Pmaeads. i�der m�ay nse tho pmceeds w repair:or�irscoie thz Prap�ty ar m pay,s� .
<br /> - ' seau+ed by tbis 5eauity Iaswment,at�eth�or not th�►due.'1�3M1ay pe�iod.w71 begin w1�tII�nodcs is gi�eo. ��
<br /> ���,:::;; < ' . UnIe�:l.endea and.Bomuw�qtRenNese egree�n writing.a�.appl�catlon of pmoeeds:tu�princiga!st�alt not eatet�t�t�
<br /> ''�::�`�-��' ' postQoae t�:dne datc of the moni6lY Paymeuts refeaed ta in g�s 1 aad 2 oz ehan�.'f�e siaonnt of the g�a�s�I�
<br /> {.�'�.. : .Yi , uader paiagraph 21 tLa Progecty is acquired by L ca��z,��ormwe�s rigHt to any ir�usuce paiit�aes snd pmoeeds r�vtttng fr�L -
<br /> . ��' � ' -' - `.' damage to the ProPeriY prior to the acquisition shaU g�to Lender w die emteut of the sums sccauod by ttus�eauity Tn�rcnt
<br /> �`�,;`,.�r`:<:.t'�`��`+ immediatety prior w the aoquisit�on. ' '�
<br /> �F�:. �:•- � .
<br /> . •`•��`�'�'� 6.Uoai Pc�servatton,Maintenance and Frotec4ton af`the Prope�rtyi Borm�'s Laan Apglication;i.ea.se�o�d�t:
<br /> . r i?'�s:'�`'�r,F;r`� . Fs�tg'�
<br /> - ;°-;�?����.���i�:� Borrower shalf ocxupy.,establish,and nse the Propesty es Borrower's priaapa!resideaee arithin sixry days after the exeauion af.
<br /> ���,'<�<��r��:a. . �:'.this Secaaity la�nm�'�raad s6all contiaue W oowpy t6e Pmperty as Bon+Qwer s priacJ�ai�d�oefor�at teasi one yeas af� - -- - - ._
<br /> �i}�a'��"�,+,,�''.'i.:rf.�'':' .
<br /> ::,�ss�?�;,.:.: . .`�. '.� �she date of acxupaacy,:rmJess Lender otherarise ag�azs in arhing,whicb oonse�shall not be unieasonably witLheid,or wils�a�
<br /> � . <_;,�. � ��'�ces e�ist which are 6eyond.Bnmower's oontml. Bornnives s�alt not destcoy. dfimage or impa'sr tRe.
<br /> . ,�;
<br /> - - .�: - �euge�y,�3oiv the Property to deteriorate:or oommit waste�n a�e Property. Bomnwer sb�t.he in d�''�ttt if aay for€eitrlse,
<br /> �t::
<br /> ' . :`�� � :a�Ron or�ceeding,whether eiv�7 or crimiaal,is beguu tbaf nan E,�der's good faith judgmeni.oautd tescatt s�an forfeitnie o8 t$e
<br /> . . �`:` .PmPert�+or othernise materially im�air the lien cteac�d�s3t,ihis Secarity Iastrumeat or I.ender's szcariry Ense�s�Boirower mqy. .
<br /> '=_:.�:,- aue sucb a defauit and reinctate.as provided in paragc�4 II8,�y c�using the action or prnceed'mg to be���ssed with a nili�g_
<br /> -=- . -- ':`�:'��,; that, in Lender's good faith determination, Pcecludes foaEeitu�of the Bomower's intaest in the Pmgeity or other roateri,al �— �
<br /> '.� '. .!r. impaimtem of the lien created by this Sewsiry Instivment or�er's securiry interest. Bosnower shall also be in defaWL,if _
<br /> ' � ����. ,..: Bomower,dwing tAe loan applica6on pnocess.gave naaterial�T fatse or inaz�auate infarmation or statemeats ta Lender(or fail�id
<br /> '�;i;_:.:� �:�_ � . to pmvWe Lender wlth eny.material informatlon)u4 conaection wiih the laan evideaced by the Note,includia�g.but not limit�d
<br /> . �;�z� �. ;"� ,, c • indmm T i9 OIbA
<br /> ;,�f4t;Y,;.. ;?'._:� ;. . to,rePresentarioac conae�ning Botrower s aavpancy of the Ptoperty as a princi�residenoe.If this Secaui2y
<br /> : �,�:�;j�S'� <;��:� ieasehold, Borcower shali comply with sU Ne prok�oas of the tease. If Basiou�er acquires fee tftte�,2he Pmperty.dt� . _ .
<br /> : `•�1�:.;.. . � .
<br /> s . � �•''' le3sehold aa�the fee atte shall not merge unless I.e�ades agcees to the merger in writing. �
<br /> ��'' 7.P�o2�ec¢ion oii.endes's Rtghts in the Pcope�dy.If Bomouer fails to perform the covenants and agreements ooivained.uc � -
<br /> ` �:'` . ' .�;''� - � this Seruri Instwnem,or theie is a le al mceedin that may si nificantl a€feei Leader's ri ts ia the�t+o " -
<br /> � �, ,.; tY g P S S Y F� P�S+(such as a
<br /> .;�'� � pmoeeding in bankmptcy.pmbate.for oondemnaaoa or forFeiture or to eaforce taws or regWations�.then iLender raay do and , ____
<br /> - . ` i:;, � `.- . pay for whatever is�e�saey to pmtect the vatae o�the Property and Lender's rights in the Property. I.ender's sctions atay °_--
<br /> . �:�;.= _
<br /> ` k �` ` inctude paying any sumc seiured by a lien which has priority over this Securiry Instrument, appearing in oourt. payidg <:,�_:___
<br /> � �:: ' . reasonable attameys'fees and entering on the Property to make repai�s.Atthough I.ender may take acdon under thia paragragh �;:-�=�;.'=='---
<br /> � , , t'`��" _'_
<br /> , . 7.[.ender does not have to do av. ,, ��2 t, `�
<br /> � i.� Any amounu distsursed by Lender under this paragraph 7 shall become additional debt of Borrower secured by.tt�is �,`.r�,:.; ;
<br /> -` �;� • • Securiry Instrument. Unless Borrower and l.endes�tu other temis af paym2iu.these amounts s1�a3D 6�r intet�est from the �,•;-•.,��;�_:
<br /> ;
<br /> • date of disbutsement at the Note rate and shall be payable,with interest, upon notice from I.ender ta Botrower reyuusting � w ''--
<br /> , . . payment. ' �� �� -
<br /> ���, i�:� S.Mortgage Iatiurance.lf Lender required mortgage insurance as a wndition of making the laan secured by thia Securiry ' . .� ��_
<br /> �; �; . ' ��"``
<br /> . {,.. Inswment. Borrower shall pay the premiums req�iced to maintain the rnortgage insurance in effect. If, for any masan:the ., �' "±t�.;`..�,._
<br /> �. ;:3. mortgage Insurance eoverage required by l.ender la�ses ar ceases ta be in effcct,Borrower shall pay the premiums cequireQ to ' .�_�;^_�;��:�;.
<br /> � - ' , obtain coverage substantially equivalent to the mortgage insurance previously in effect.at a cost sub�tiapy equivalent to the � •::• �•-?.-�
<br /> ,� ;�� oost to Borrower of the mortgage insurance previously in effect, from an altemate mortga¢�incurer appmved by Lender. If � ``" � •��'�
<br /> .. ;h ,.�;f:
<br /> :, ?_. � � substantially equivalent mortgage insurance coverage is not nvailable.Borrower shall pay to IIxnder each month a sum equal to . , .
<br /> ; ; �, one�twelflh of the yeariy mortgage insurance preanium being paid by Barrower when the insurance coverage lapsed or ceased to ,
<br /> , � �. ' be in efl'ect. Lender will accept.use and retain chese payments as a loss reserve in lieu of mongage insuranoe. Lvss reserve � ••''_
<br /> ��, i�� ' Fonn 3029 9/90 ' ; , ':
<br /> yt - Vsge 3 of 6 . , � � Z�-:
<br /> { � • �
<br /> � �
<br />- t�t ' � � . . `. . .
<br />._ � .w�'s • IC.' .. • �
<br /> . �} ' . , . . . "• ^�7.......-._.,-. __... ..._.. -._... _ __ ". . � cl.. \,��i� ' . ..
<br /> _ : . . . . :y:. . . - . , . _ ' . • .".43-' . ' . . �. . ...•:a' t��,r` ' - .
<br /> 4;�;� "`1` '' . ,. . • .� • ._,.��.• . ,. . :
<br /> � . ., _ , , . , i .. t;• , .
<br /> • ki. . . . . • � ��'i•
<br /> t. �.�Y� . � .
<br /> � ! 1.� " . - - - r , . . � , , .
<br /> 1 . ' . '
<br /> i i ' .� • . , , ,.
<br /> ��, . ' . ,,.,, .
<br /> , • • ,
<br /> _r��� - . � � .. ' ., . ' - - .
<br /> � i' • .. _� , � . , . .
<br /> . : � •
<br /> , , � ,. •
<br /> . - . �
<br /> � ,; .
<br /> .�.. - - .�.- --�------=---- - ------ — --- -- - - -- - - - - -- --- -
<br /> - — -- _-_ -T= -------�- ----- _.. ... - - - - -. . _
<br /> , , _ _ __-_.,..._ ._.-- --•--- --=---° --- - . _..,--------•-- • ----�- ----- - - . -- - —•-•-
<br /> �.. ;
<br /> ' ` : } .
<br /> � ' ; +
<br /> ,4 .
<br /> i .
<br /> , .
<br /> ' ' S' '_ - '- _ _ _ --- _ __
<br />
|