|
��:_ �- _ �• . . _ _=L: ���—
<br /> � �� � - -= . -
<br /> zl -' -. ' : . . _ –
<br /> s 'r..s:-
<br /> t;t '_ +�. , < . ' . ` , . --- . � . �- , .. - °- – -
<br /> �e:,_�. _ _ , . ._ �1�� �V��(_� ..
<br /> - , �.'��I�M'�.�0l+ BOfL01Plt f11t�1�i�1G 10�[OYla1l�fS OO�t��-�l��:l1�tbE .
<br /> � � F1�iQ[)!�iWi1E1�`�IDSt�065�� �S ItIC�IIdO��Milt�llll t�1C�l1A1�l.1[�d1dE�QOVEn$E�'i4��t1�I.��}�i,i�f:{O�O$ �. .
<br /> � <tfQOds a ttoodiog.�for Mh`'itfi L�xkr�reguii+a i�nae.11us iasurmae aiWl be ns�int�ia�ed ia tl�c.amounta md fa tha Pq�ods
<br /> � - . dwt 1:aider pequires.3'hc i�unnoe carrier providing trie ir�surance sh�ll De chosen by Bor�n�ves su6ject ta Lend�r'�'�pnuval
<br /> whisb�s�f!not 6e�ombly with6eW. Yf BOf�OWCt r�II3�O fiAIIN�R ODY�f7�i C�'SC�t�iBOYL's LtOdGrlIIAJ�„at.:I�xkr�s
<br /> optiaii,obtain oov�e to�xo�ted lender's dgMs ipthe P�vpertg in awocdanoe rvith paiagraph?. - ,
<br /> . All i�npc policles aod nenewaLs s4a116e aoo�ptable tn Lender aad shal!in�lude.a stu�dud mortgage ciause. lrend4r .
<br /> shall i�ve tbt dgbt to hotd tLe poticies and tenewals.If I�cnder�oquires.Borcawer shalll�pno�tiY 8i�'e to i�ender atl nceipts of �
<br /> - p�pcmmiama 3ad nneara!t�ices.Ia tbe s�ratt oE toss.B4�eawu sfialb giva prom�mric�ta ti�e insuranoe c�rrier and I.enda.
<br /> I.ender mny.maica pnoo€af l�oss if mt tnede P�Y 6Y��� .
<br /> Unless Leodec aod Hormwer�therwise agnee irc+vriEiag,iasuratue pmoaeds sball he applied to ratoration or Rpair of tbe
<br /> Prope�ty.dam�god,if 16e reStorrtioa or npatir is ecanomicalty fean'61e and Leoder's secqriry is nat lessenod.If the n�stor�tion or r
<br /> tepair is mt eoaaomically frisihle or.I.mlcr's sxarity woutd be Iessemd,tt�e insurwce gnx�eeds shali be appiiod to tbe sums
<br /> �. sa�rod.6y:Wis Saurity.Inson�ment. whet6cr or aot theR d�..with any exoess paid to Boc�ower.If Bornower abudons the
<br /> i Propetty..or.does nM aaswer within 30 daYs a mtix from Lender d�at tbe i�trmoe carrier-has offtnd�to satfe a claim.tl� �
<br /> � La�de�maY.coltert tbe insutaiioe.pr+ooeeds. Leader may.i�tbe proceeds to ir,pait or ieswre the Property or tn�ay srnns _
<br />_ � sas¢�.�.�is Sawity�a�tn%�t,wl�her or nat t6an ,c�;The 30-day periai will btgin arhas the i�otice is given.
<br /> ;°i���ess.�adera�ul Boc�i�ir WLerwise agrte in wreting, atry appliwtion of procaeds tu ptiacipai sbali taT eMeqd ar ;
<br />- { . PE►s�a��:+�e:,�o�pf tbe mduthty paymcnts'tefemed.to is�garagrapl�s 1 and 2 or change the amonnt of the payments. If?;:`„• .
<br />-_ � wider p�tragr,�r,2P�:t$e Property is acquind by Ixnder*Barnnwa's right to any ins�ir�e�olicies and ptooetds resWdag fro�:�.?:'��;^
<br /> � da�t to tt�e P=opeity priar to the acquisition si�a{1 pass.�i;ender to the extent of tLie��s;�.ured isy this Sxurity Iashumea�:�:.;�;`�'
<br />--" ,s� • ' ,�YPriortotLeacaquisitivn: `�:�'-;�`` �,:�:.�::::�;:,�:• , _
<br /> .�
<br /> --- ' �`:'�;fer;t#c�pnCy,N�dkrvatiae,MaiiKenance and �'.'Y�e�an of tbe Penperty;��''��am�lia�tiao;l.easebotd��<;'� —
<br /> — .; ,:: . ,.,
<br /> �er s6alt a�p�:establish,auu�ase ttre:F�pert�r as�:�nowe�'s p��g:��-`t:a��:��.�iFs after tbe axecation a�:;>:�"_.
<br /> ; - thi5 SeEOrity:in�tiba�ent aad st�ll mntinu�t�t�y t�e:Ecaperty as BQC�arer.'s•.��`far at le�st vne year�tar� << .
<br /> - ` w'te�of oceapancy.unl:ss l:ender otherv«,ag�rs;���cting.wluch consent'�'�AOt!7e unreas�b�bly withhe(d.or unfe�s `�' �,-
<br />_ . i extes�r.�ting cirpinut�s eaise.which are beyond Boaav�er's cantrol. Borraqr�.sr�i not desoroy. damage or imp�air the i.���_
<br /> ; � . - Pn�paiy,allow..she Pmpeity tv�deuriurstG ar.00mmit wastr oc�the Propetty. Horn�et shal�be in defaWt if arry farfettune �� P
<br /> • " action or pivaoe�g,whether civii or crimi��s;is begun that in Lender's goal faitlf.judgment coatd result in forfeiture;of the �'``''�`=
<br /> , • Ptaperty or ot5ec�ise materially impair t�e�eri created by this Secvrity Instramerit oi€,ender's sequity inte�est.8ornawer may -_ -
<br /> -.� . ctiic�+such a default and reinstate.a$provided in paragraph�18.by causing the action�ar���ceediiig"tv be dismissed with a ruling ------
<br /> r ' •. �ha�:in Lender's goad faitb decermination, p�cludes forfeiture of the Bormwer's�,�restt in tF�e Property or other material ��
<br /> . .�rment of the lirn crcated tiy this Security Ir�swment or Lender's sec�trity iaterest. Borrawer shaIl also be in defauit if , _
<br /> B�iuwer.doring the loan application process:gave materially false or innccurate infom�ation or stareiaents to l.ender(or faitod.�,:.. --
<br />- w pravidc i.ender with any material infor�tinn)in comiection with the IoAn evidenad by the Nat�.:inctuding,but nat limited,i:.'.'�y-. � -
<br /> to.ccpresentatiorts conoeming Bornower's occtrpancy of the Praperty as a principal residence. If this Security Instncment is on a�� •;='-. �'!— —
<br /> Iease�old. Borrower shall co�a�ly with all the pmvisians of the lease. If Borroa�er�rquir�c fae title_to the Prap�erty, lhe- _ �"E'�'
<br /> t� leas�o2d and the fee titie shal!not merge unless Ixnder agrees ta the merger in writing.:• �<'r3�-�u,v::---
<br /> �° 7.Aatedbrt ot Lender's Itights In 16e Ptoperty.If Borrower faits to perform the covenants ar�d agreements contained in j��•`:-
<br /> �;x: this Security Iamnment.or there is a legal praceeding that may significantly affect Lender's righu in the Prope�ty (such as a `: ��.�•"
<br /> ��"` procceding in bankntptcy,probate.for condemnatfian or forfeiture ar to enfarce laws or re�tations),then l.ender may da and �
<br /> <,.
<br /> -.,' pay for whatever is nece.csary ta�rotect the value of the Property and Lender's ri���dn the Property. Lender's action4 may :;°�?,p�'�I
<br /> x3i:.i.�-.
<br /> � inclnde paying any sums se�red E►� a lien which has�iioriry over this Secvr��°,fin.cs�ument. appearing in court. paying "'"��c�,._-
<br /> S wC.��.
<br /> ' • '� � � reasonable attomeys'fees and ecr�irr�an.the Ptoperry to.cnatce repairs.A!t1cougtt:'�.ea�:c may take action under:�i paragrapb--- ��':�;�`�`.�
<br /> 9.l.er�det dces not have to do so. � �. '. � • � '�' �
<br /> My amaunts disbursed 6y U,mder u*.���r this Paragr=,:ph 7 s6aIG b�ime��r".a:�a} debt qf Bonower secured by tkis • .. .�` '`.. .
<br /> ;.:. , �,.:•.:_.. �.
<br /> � • • Security Instrumenl. Unlesa Barraaer and t.ender agree[a other terms af paymen�.L.�s�;amounts shall bcar Interest from the ""'' _ . s,,. . -
<br /> � : date of disbursemeM at the fSctr,; rate'and shall be payabte, with interest. upon nisc�x from I.ender to Borrowcr requesting � � '`� :''�� "-.�-�
<br /> . : PaYment• • '_ .
<br />-, :�;�`::.` S.Mortg,age Iasuranca If l.ender reaw:red martgage insurance as a condition oP making the(oan secured by this 5ecurity '� . .
<br /> .', instrument, Horrower shall p:►y the prertsius�required ta maintain thc mortgage insurance in effect. It', for any reason. the �.
<br /> , � mortgage insnranoe coverage rertaited by Lerider lapses or ce�ties to be in effec:t.Burr�:�uer shall pay the premiums required to �:� �
<br /> . • :,.,;�. ,
<br /> • , ! obtain coverage substantiAlly equi.�lent ta the mortgage insurance previoutily in cffec�.at a cdst tiubstantially cquivalent to the ��r�';�;-L
<br /> cost to Borrower of tho martga�:i:isurance previously in effect. from an alterrtate•inartgage insurer ppprvved by l.ender. If '• ��; .
<br />. ' .:�- ..: �" , . substantially equivafent mort�age':nsutancx:a;verage is not availablc.Bonower shall pay to Lcnder cach month a sum equal to
<br /> � .�-,;,�..
<br />, �'?s,�" �:;:�.,;;'•: .• � • one-twelfth of the yearly mang�;e insur�mc�.�remium being paid by&xrower when the inwrance coverage lapsed or ceased to � •
<br /> , t.�::. ._.�; ..
<br /> � ,;,�.,�, �;.�'��= bo itt effect.Lender wiU acceQ�.�uscand retain there payments as a Insx rcscn�e in iiva af murtgage insurance. E.oss reserve �, •,�:.,.; �
<br /> ' � n. Fore:�0'7.."Z8 9/90 . f ,'
<br /> i '�i s._ . Papo 3 0l B - ' . � .. ..
<br /> . ,.::r'.•� - .
<br /> '" " i..a. . . .
<br /> !�T Y'c:� , .
<br /> `r i ���
<br /> r�f{'����r..y��.!.1 ' �
<br />.
<br /> k��,�•+ •
<br /> . ��
<br /> -.
<br /> ,.. .. ..._.__�,�_ ,_ , ' �s�.: . _
<br /> . _._�� . , . .. � • • . • .
<br /> . . __.._ .- ., ,
<br /> . . _ . .__ ..
<br />'_ . �- - - . : ._.� _ - . . . '-- •._,_ _
<br /> ,- . ._,-_. . - - . . - '. ..
<br /> . '� . . . .
<br /> ' , . , , . ' . .
<br /> ---- - , _.. __._�. _J -- ,_ ... _ _ .- --- - - - - -
<br /> _YJ .. . .. _— ._-.—r -r'__________.__'_'_' —'_— -----'__--. . —_ " .-._.--._"_ '__.—:-- • _—_. _.. -.
<br /> • ` �S ' • . � .. • ' ..
<br /> : s . ' ,
<br />. �p�J�` .. , ' ' .. . , • . .
<br /> G
<br />. � �L. . '' '�: - ' �, • . , ' .
<br />. ;� �. . � . � � � -. . • , . � , . - � 7
<br /> ' � � �
<br /> " , : _: _ . _ . . _
<br /> . . � , .
<br /> , ,� � ,r ;_ : . : . � _ — _ _ .
<br /> .
<br /> . .._... ' S . ' . .
<br />
|