|
. . : � ,. : ,
<br /> . ' . . y . , " . . _ .. '
<br /> . . . ._. '�' �Y'� . - . _ `_. ._ ' _ ':,�[i�.. �. '-
<br /> — �' " � .. ' . �3�• . . .- � _ `'_=mS!w�[�= ._..—
<br /> : � ' � '�- - . . . . a. _� . . . .. � _ .
<br /> �,( -.�� .`. . ` . . , t - `.� ' . .. . •.- ( ' . . ` . � . ` .
<br /> =•___ _ . , C •+ .
<br /> , ` ' ; -. ( ' _ , . � � ` . ` t .
<br /> �-� _ _. _ _ _ . . .` . , gl _. .
<br /> � � period�that Leader mluites:'ITie inwr�re.c�rrier Pm�riding tUe iasurince shall be choscn by$oiiawer�t�F�n�er�' =
<br /> = app�oval which sbatl na be�y v�'�dshckk,If Somow•er fals to maint�in coverage d�crilxd�bovc.l.ex�der max.a� �� _
<br /> � t,s�ier's optinn.obtain rnverage w qotert Lender�rtgt�ts in the Rapeny in accadance with�aragraph 7. • .
<br /> Ail insurance paticies artd tenewats si�a116c acceptable to Lender and sUall incWQe a�tvidacd morcgage cf�u� i.e�der `
<br /> - shalt have the right w hotd the policies and re�e�xats. lf[.euder nequim.Borraaer shall pranPUY S�ve co Ixnder stt receipt� `
<br /> of paid premiu�as and renewal ttotices. In the cven!af toss,Bnirower shail gi�c prumpt notice ta the insurdnc�e carrier:u�d
<br /> -- L.mder. Lender may maicepcuof of lbss if no[n�ade prom�tiy 6y Borrow•er. . —.
<br /> me
<br /> _ -- - - Unless i:end.�r and HornoN�er alxrwise agree irr u�-nung.insnrancc praceeds st�l1 be�ppiied to�+estnsation or cepair ot � _-- �__W__ .
<br /> -= the�►'+nperty��amaSed.if el�e testoration or�epau is ernnomically feasi6k arid Lender's secunty is not tesset�ed. ff the -
<br /> - = _ n�swrariaa ar siepatr is not econamically feasibte o�l..ender�s�curity would t�e lessa�e�l.the insurance.Qroceeds si�all6e — _
<br />_ applied to the sums secured by this Security Instrument��w[�ether or not then due.wit}�any eacess paid to Botrow�er. If: --_-
<br /> �.:'' Borrawet abandans the Pioperty.or does aot answer within 3D da}s a notice from l.endec that the insuranse carrier has ��_
<br /> � � off��tf to sctUe a claim.then l.ender may coltect tl�ins�rance Proceeds.•�.erder may�se the pnaceed-s to regair or reston �°;��----
<br />� the Pr►�ertY or to pay sums se�ured by tfiis Secority tnshwren�v►heth��c or not then due. The3o-day period will begin whcq�- _-- ��
<br /> ' th�t�otice is given.
<br /> � Unless Leader a�sd Bonuwer aherwise agr+ee in writing,any appl'uation of p�oceeds w priacipal st�all not eatend ar �"�'�=-
<br /> ' _ postpone the.dus date of the moatbty payments�fe�ed to iR.ParaP,raPhs 1�2 or change the anwunt of the payments. I� . -- .��:,
<br /> - aader pa�ag�a�2I tI�e Piuperty is acquired 6y Lender Bocrowers right tn any iasururce policies and proceeds resulting '����=
<br /> �; From damage w the RnpeKy privr to ihe acquisitiae�hali pass Lo Lender to the extene�f the sumc secured by this Security • . .`:j`��:;�-��.E-
<br /> __ Insmimentimmediatefypriortotheacquisition. � - `� "�'„ _-_
<br /> � 6 Occupancy. Prrstrtiatioa. Maintenance �nd Protection of tbe Properfs: Bor�ower's Loan Applirationt -:-.-:
<br /> � ' ' LeaseLolds. 8orraw�er sfiali accupy+.estabtish.and use the Piroperty as Bortower's p�at residence within sixry days after , . ° � -
<br />. ;:.;y,,�r the esecution of this Serurity Instntment and shall rnntinue tu occopg the Property'�Bwrawer's prin�cipal residence for at . ,, =''"'`-`
<br /> • . teast one ye�aftei the.date of e�upa�cy. pniess Lender ptherwise�agrees in uzitin�, wi�ich cansen� shall aot.be . . .. -
<br />. - unteasonably withhetd.ot unte�.s exteaaaturg circamst�ces exiu which ace beyond�Bverowec�c�¢'� Bormwer sha11 nat . �• � ._�
<br /> . � - destroy.damage or impair ti�P�perty.aliow tlte Property to deteriarate,or crommit aaste on die E�-':-�ty. Bomnwer shall �i�:t;:�;��`�'_
<br /> ' � 6e in default if any farfeit�e�;sm or proceeding.whether ci�vil or crimiaal.is 6egme�t ig L�s good faith judgnen[ :;;y;���'� =,_
<br /> � � ��_�' � •�' a c�pid tesult in forfeiture of iiie ur othenvi�e crateriall im r tlte liert c�:a� tfr�S e curit Insuument or ' Etur.::;d�;` A =_
<br /> �,��� • propert�r Y Pv �SF rs y N,Y.•,• •. --_
<br /> _ I.c�c(er:s secuFicy+interest Bomnwer ma�ca�such a def�utt and reinstate.as providad'm p�ra�..gf��`�,by causing the action "`_
<br /> �'' or pmceeding to 6e dismissed with a tulin�t�t,in L.esider's good faifEi deiemiinatioe,prectudes farFeiture of tfie Bcmmwer+ " • ' _ .-^�'
<br /> • �, .� .-. .� imerest in the Ptoperty or other material impairmem af ttse fien c�tat�by this Securiry Inhtrument or l.ender+securiry �� ��-
<br />�� • �.r�st Borrower shall altio be in defauit if Borrc�v.�;:.�during che loan application process. gave materialty fal�e or � • . ¢h�'
<br /> �� , � ` u�:cara:e information or statemenu to Lender(or fac�cc��fovide Lender with any mateaal information)in connection witli � . ��Y
<br /> ;��;' ` �:�. t_.• �-. •_ the loan evidu�:ed b the Note, includin�,:but noi 1"msazd to, re entatians eoncemin 8orraa�er's cecu an of ihe ���
<br /> •�°�-: .`` y F�. & P cl' •r�-
<br /> ;�`''� Pto as a z�.,w.^i i residence. if this S�a.�.-":t In,trument is on a E���!d.Borrnwer shall comply with aU the provision.r '�_--'�`''
<br /> �„'';i•' PertY �... . Pa Y -
<br /> �;s'�;__ ��'� ' af the lease. ix�orrower acyuires fee tiLe�:^,��Property.the leatichc.uL,,:at��f-��:fee titl:shall nd�me�e untess Lender agrec+ ;.7'{(
<br /> . �r��s:�,� ' ,•� '
<br /> ,. ;E . ;;. .. � to the merger in writing. .• : �. -.. . . F�: '
<br /> . � `' ,`a:i,.:'��="� ' 7. Protection ot I.e�dhx's Righis:im,the Pcoperh: If Borrau�;.r;sr;���u��r`arm�the.covcnanM and agreemencc � �;�, • �,�.
<br /> ^� �'�. �. � contained 'm this Securi L��cumen� oz i!�n is a Iei*�at raceedin that ma r.:sii:a�tt utfecK Lender+ri t,s in thc ��% • �
<br /> ; r, LY' `•-' P F l' Y €�► :. �;r'�..�'•:r:::..� ; J-��'.
<br /> _ '��,'���:..:... Pruperiy(such as a proceedfng in bankru�t'�:..�totqte.f�:�.���adcmnation ot farfeitut��or tcienfpr�e 1aw�y or re^ulationsj,then .��:s�i, .__ . ,. .._
<br /> a .i�il.�,i, ..=::.3..
<br /> -'• - ��"�' Lender may do and pay for whatever is rr:�s,ary to protect the valae of the Praprtty and l.ender`s ri�t�s in the Property. , . �{'��"`- -- � --'--
<br /> •°�'�� "'-'�`'T i.ender's actions may include paying any sums tiecured by a lien which has priority over this Securit�:Inrtiument,appeasing •' � � �� ._ 'f�
<br /> •<<;. _ `=+;��• " in�couA,paying reasnnable attomeys'fecs and entering on�he PropeA7 ta make repairs.Although Lender may.take action , �. / Y�i
<br /> . . ' . ••;�;{t�z' •- �',`,.' , ' . •
<br /> �,,�_� e�der this paragraph 7.Lender does nut have tc,do u>. !.�,',;.�; ..�.
<br /> .�_:,:(�^ � Any amounxc ditibursed by Lender undcr thi�par::�rapb 7 tihall hecame additianaf debt of Bormwer.r•ec�.ed by this , „_�r' _
<br /> ' � Security Imtrument. Unless Bor�o�r•er and Lender alirrec to other term�of irryment,the�e amaunts shalt bear interest fram ihe '�;�'- . _
<br />
|