|
��- . A ' . ` � _ _ . . _.. - ., -r i_
<br /> _.� �'. �,d:t__
<br /> '�'1 � - ��i� - ', _ - .. . ..._ . ..._._.... . .. _�.- _. - .-- -.
<br /> •:r.�„ �.�. j ;..k: i .. _ _ '
<br /> '`�t(���+itS3�.�_,— _ '� . . _ . . " - - . . ' : _- � [., A � .. . . ,
<br /> — ;c
<br /> . .. . . ... _ _ . . ' ' � .. c�- - ..1..�.
<br /> - � a �
<br /> . �, � . _ � _ 9�.-- � .fos�:e . , �,
<br /> � _� �_�.p�;ods d�t L;ender raNir�:. �n�e ir�uaarce a�ier wvYidi�,thc i�ura�c sb.II 6e c�bY H��'�1D�� � , �
<br /> ', appco�val which sh�li not 6e wicagoa�61X withdel� If Bc+aawet bi2s w msints�n cQVera$e descn'bed ahm!e.l�ee�des fitr,at
<br /> Lenders a6tain covmSe to�ProtaK Lsnde��righs in'thc PtuQert}�ia accor�'�:�itb P�aB►�P��. �
<br /> Al!'a�wumce policies and ra�ewals s6ai1 tie aooeglrabte tn[.ea�der aai shalt inctude a standa�d mat�c clause. t.adei •
<br /> � sl�aii hrn the right w hold tbe pol'�cies acd r�aewats: If l.eada re4uins*Bomow'er shall pmit�ptlY Bive��der ali e�ecsipts
<br /> ' .. � of Poud Premiwns and m�evv�al natices. Tn the event of b�.Sonowtc sb�ll givc•p�ompt noticr ta�lie iawranoe cartiet and• �
<br /> ...
<br /> ` � I,ende� Lender ma}���ake ptoof of kss ff loot ns�de P�Y��'°wra . � • �.-.-- --• -
<br /> � • Uniess Lendec aod 8arcowa ot�ise agnx m�n�,�ns�t�oe pm�ds s�salt be appliod to testaation m�p�ir ot - --
<br /> . t�property�damage�f,if d�t mtaati�on a repair ic eoonomica�liy frui'bk aad teede�'s se�i�Y is not ksse�.d, .U tf�e�.. .
<br /> �cesroratian ot Kpai�is not ecanomicaltY feas�'ble or t:ender�s4curiry.woutd be tes.3ened,tI�e insuraocc p�aCrods shalt bc�
<br /> applied to dr suns secu�ed by tfis Sawiry Ir�uumeM*:whetber oe nat.t�eit due.with,aa�Y excess paid to Borm��eG� �
<br /> Bamwer abondons the P►vptrtg,ar does not aaswer.vqitAin 3U days.a notiCC ftom l.coder tbat thc in�
<br /> offaed w settle a claim.�rn Lknder�ma�r coliect the insurusoe P�ocad,�. 1-eader m�Y use thc.p�upee�s to teppii�a tesiote.:,. .
<br /> the ptvpetty or to pay swag securcd,by tdis Sect�i�r�rnt�a'1�h�F Qr aot tdea due. 'if��aday.peria¢w71 bcg;a when .
<br />_ - ihe t�ti�e is g►ven` ' : �xt�t�¢ar. .
<br />" Uakss l.ender anA�#o�[uFYer W�etw�se�.in Wr►t}ng,any applicatiun af pFqcteds no�xi�iR�1�.�A4.
<br /> - ts referc.ed to ia parag+pDs!and.�or d�tlP-S tbe amouut,Pf the F��'� ,
<br /> postpone�he.due due.of thc r►�ol►d�#Y 4al!�
<br /> undGr Para�aPh 21 the Ptope�t3'.is ac4uued bY 4eMec Bocrower's rigin ta any•�surance Policies anci provCeds
<br /> - from darnage to the ProQeRty P!'��ta the x9uisirion shall pass to Lender to the Ratent of the fiiEns savred bY d�is SecmntY
<br />- Instcument ia�a�ediatei}�pt�f to the acquisition• ,
<br />--_ � ��.p�yy�q■, �auce a�d PratMto� d tl�.�opert�� BocraRer a I.a�� Applidios:
<br /> -- L�Seaotds. &muwer s�,accupy.�ish,artd use the Propecty as Basrowet;�ptit�cipal residena within sixty days after
<br />_ . tAt executioa af tttis Secmrity Iasntmxat and shall v�ta occapy tfie Pt+op4�Ly.as Borr'o�ver's pr�ncipal residepce for at
<br /> = � kast ane yeai afrer the date of occupancy, �mf�,�:e�der ottrcrwise agrees in avriting. which.consrnt shall i�ot be
<br /> - _ o�neasonabiy w3tttheld,or tmiess extentiating cueiu�ist�t�ces enist which are 6eyond Bonowers coituul. Bortflwer shall rat
<br /> in Bocrower shall
<br /> - ` • " destroy,damage or impair the Ptnpeity�:�aw the Praperty to det�iorate.ar rnmmit waste on tt+�:�npet►Y-
<br /> . be in defa�lt i�any forfeiture act'son.a�.�roceedng.whether ci�il oE criminal.is begun tbat in Leieder's gand.faith judgmqa
<br /> _-. : could resuit in farfeiuue of the_Ptopeity or ahenvise materiallc impair tf�e lien created.fsy tisis Securic�;[nstiument ar
<br /> � l.ender's securiry intenest. Borrower may cure sufi a default and reisistate.as provided is►patagraph i8.bY c�n�i1�e act� . -
<br /> r
<br /> or proceeding to be dismissed with a ruling tha�in l.ender's good faith determination,preciudes forfeiture nf�e Bormwer's
<br /> ' - interest in.the Property ar other material impaim�ent of the li�cc�ated by this Security Inst�t or[.ender's se�cur►t}•.; . _
<br /> •S, interest. Bomower stiall also be in defauh if Borrower. during 4Tie loan applicution pracess. gave materiulty f�a� 'f _
<br /> ` .• inaccurate informadon cr,statements to Lender lor faiied to provide tender with any material�niartnauon)in connec�iurF��'
<br /> . the loan evidenced by!���Note. including.6u1 noc limited to.representatie�s,�onceming Borrower's acoupar�cy
<br /> . Pcopeny as a principal ca�ence If this Security LtsirumcAt is aq a teasetwld Saaa�?we�shali comply with aIt��provisions —
<br /> �.'i`� of the lease. lf Borraa•er arquires fee title to ths Ptoper�.y.the leasehotd and the fee title:shall,not merge uni�s�er agrees
<br /> to tUe merger in writin& ` If Bottawer fails ta rfarm tite�venanrs asrd a8reements
<br /> `�`, . ?. Protection of Lxrtdec's:liig�in the•ProPertY 1� _--_ ---
<br /> - • cantained in this Security In.�tru.'�:'°.r ar cHere is a tegai pra:eectinr.that.may sigmficantl� aff�Lende�ti righ[s in the -----
<br /> , Property(such ac a prac�3mg in b'anirr'�'�Y•Prabate.for condem�atioo ar farfeiture or to enfarec laws or�nlaGonsl,then ��„��,
<br /> �..,� L.ender may do and pati tior whate��er is nece�.+ary to pratect the value.af the Propeny and Lender's rights i:�the Property. �,��:_._�
<br /> ,� ,,r.� l.cnder's actian.s may ir�c(ude paying a»y sums secured by a lien which;ha.r-priotity aver this Security lnstrumen�appearing �,_�;��;#._:;�
<br />':``.. • - in cour�•p:ying reasonable attome��fee�and entering on the Prapenty,to rnak�.repairc.Althou�eh Lender may take action '�iw`��_
<br /> : '•��� 7 Lender dces ctot have to do so. .
<br />..,;.. under tF1is:P�S�Ph,� '���.,..c
<br /> � �,.:,e_ --_
<br /> ' � Any amountc dtsbursed by Lender.under this paragraph.7 s8a11,become.additianal debt of Soaower secured by tfiis• ,_L ••�„-
<br /> � '' Security Instrumen�. !'�S��y Botrawer and lxndcr agec tp other terms af paym�nE.[he,�;c amounts tifwU hear interest fram the ��'-;Y:_ ::y-
<br /> = date of disburscment��txe;Note rate and shall be payable.with interest.upan nvtic��from Lender to Borrower requesting �! •;;__:_
<br /> pa���Mortgage lnsurance. If l.ender requimd martgage intiurancc as a con�iition of ma�cing the loan secured by this ' -• ' -
<br /> ' ,f`� ;• ; Security Irtstrument. BOffOtti�er�hzll,p_y the premium�requ�red�a maint�in the martgage ia�:zance in effect. 1�for any ,,-:
<br /> � ;t�� , - reason. the martgage insurance c�-:ca,.;t;e required by l.ender 4apre!� ur ccases ta he in �+"'"°.� Borrawer shall pay the , . _
<br /> �i � • prcmiums nquired ta abtain coverage substantiatt_:�equivalent tn the man,nage in�umn�;.'.viously 'rrt ��'ffeci.at a cost • °.,F'.
<br /> • � � substantiaUy equivates��;Y��the tast ta 8onower of�.�mortgage inyurance prcyiously in effec�.from an:�..`mate mortgage Y ,
<br /> 't''.'` insurer approved by tq_?s�er• lf substuntially cyuivateni mortgagc insurancc cac�rage is not avaitable.$orrdwer shall pay ta
<br /> . �r.:
<br /> ' �• Lender each month s�sum eyual to ane-twelfth of the yearly mcrt,�°ae insur.�n�e premium being paid by 8arrower when the
<br /> ' ,�>•' insura�:coverage l�psed or ceaticd ta be in efCect. L.endcr w i!I::c:;.�:�t.ute and retain�heac paymenn as a tass reserve in lieu
<br /> � � oi mongage insurance: Los~reserve p�yment�mav na lem�er;�s i�:c{uired.ut ihe optian of Lcndrr.ii mortgage insurattGe �_:
<br /> • coverage tin�he amc,�;r:and for the perial that Le!-�"�:t.reyuireti►�rovidcd h} ad"a.h�urcr appmvcd by lxridcr again bcc�-�s .
<br /> • =� .i;+� ± ' . avaitable and ic obtain�:'8orrower�h�l l pay t he pr�ax�:�ms rc yui m d t v m a i n t a�a c~�o r t g a g c intiurancv m cff�:z:�r t�provide a
<br /> • ••�''"��'Y loss reserve,unti!the myuircmem far mcingage inti:;,Taaco cnds in.accnrdance with any�vrittcn agreement���cen Barcawec �;
<br /> � • ' f�r,;;= . and�,�de.;et ar applicablc law. , ,
<br /> � 7 �� 4 'Insptctbn. lxndcr or it�agem may make re:�+cmanl�u-r�sti u�n.md inspcctiaa�of tEte f�r��,cny, Lender tihall f„
<br /> , • • t��':' rea•onahM cau�c for ch�tn.p�t:��,:.
<br /> �. • �... , give Bonawer notice at the timJ of ur prinr to an in�pecuon��.w:f c'Lr_� �
<br /> r �'�'�';�f:�r;. 10. Condemnatlon. 7'he prcx:ccd.of any a,i�rac'd,�ac cla�m.�r damagc�,dircct or c�mc�:�u��.t:at.cn c�Srir.;:ction with any ;
<br /> . :; .,.
<br /> . • .�.� �..aF.;` siu�tct�smity•-iannicStaeFrcl"ie.blaat"itFC�ltSf1�5TRC�S}�'r..l'nifonn('o�en�nt� 4:9I�i,�n?�•?r,/npugrc� ,. , ..
<br /> ;i .4'i;�.,. . • I��at Iatr.Rushie+a ranr.Ine ■ `
<br /> , t����.uu �-aon*.aas(t3o r.v+tt�:tu7m�tK11., i
<br />, " : : i
<br /> �� � �F . ,
<br /> � �`�� . ,.._..,..., -- - ;..._.... -i�- . • . • . _ . . . � -. -- .- . . ..,_.- .'L;i.;-.
<br /> ' ,�'":�"':'' !, . , . ' - .
<br /> .. ., •
<br /> . .. ._ . • __'__ '
<br /> . -� . .. � � - . -. _ . . . .- � � - i . . . . .
<br /> . �• . .' � . . ' . . ' ' . . .
<br /> ' . ' � . . . � • • . ' • . . .
<br /> . �V� . • ' . . ,. � . , • • ' .
<br /> 1 .. .. .. :�, .�. . . , ' . . .._ _ . ,. . _. � _ . ' �i , .
<br /> . ' • i'•.; .-. • •_ . � . .
<br /> , , :�i . .- _ _ - :. � __'_ - - ?
<br />
|