|
-��s'. .���
<br /> - '�` ;��-
<br /> . ,�.� � _ �a,,.
<br /> �� '. : '�ne�. ••t���[���,,. � ' ..� -'___.
<br /> ---^'��e�._,1.7�YIL�IiDlNv,•_ _ . .. ._ ...__..._. �
<br /> ..r� '- -
<br /> -_-_ - -__.�:� 93"ilOx�►9
<br /> _ � •�Y1.YYI�I�
<br /> — S. Harard or Propeety Iawrana. eorrower ctull keep the in�pruvements now exictine or hereafter eraKed on the
<br /> __ � - Prnt+rny inwrod against lo,�c 6y fin.hazard:included within the lcmi "exteixied covcn+ge" yrd�ny dixr hwrd�. includin�
<br /> ` _ flaxis ar fla�ding. for wMch I.cndcr rcquircs insun+�x�r.7'hl�: ins�urance.Fwll he maint�inaf in the �nounis u�d for the pericxlr �
<br /> _ that Lcixicr roquires.The insurance canier providing thc insuru�xc shall bc rhosen by &�rrower subJcct to Lcixicr'�appravul
<br /> .. which�hal! nnt be unreascmahly withheid. If Bc�rruwcr fuils tu nu+int�in rovcrage dcxribcd ubove, l.cndcr may, at Ixnder's
<br /> .:°.��i•� ,�.r ' c�ptiun,ubtxir.cavcragc t��prot�til L.cixlcr's riBhts in Ihc Pru�xrty io uccardmuc with puragruph 7. "
<br /> . All insurance policies wxf rcnewals 4h�ll be accept�ble to I.enJcr��xl �haU i�xlude o ,tandard mortglge clause. Lend�r
<br /> - -• ' :• ' ' shall heve the right to hold the�liciea and renewals. If IA ndrr rcyuires,Fi��rrower ahall pmmptly glve to Lencicr�Il reccipts of
<br /> � � . '°,`" pwid premiums and renew�l notices.In thc cvent of lo�,Burrowcr�xll Yivc prnmpt notioc ta the i nsurw�crC c.�rricr and Lender. �
<br /> '1r.�., c:;.:,;;;.-� .: ,
<br /> �--�• � Lender nwy make proof of lass if nat mWde promptly by Borrower. _
<br /> -:.•� - � Unle+s Lendcr and Borniwer otherwise agrce in writing, insuron�:c pracceds shall bc applied to rastarntion or repuir of thc -
<br /> �'�'��`"'�`"'�`�"~' Property dunwged.if'the rcstoratton ar repair is economlcally feasible and I.�:nder's security is not lessuncd.If tlx ractor�tion or �''�`'
<br /> � e su
<br /> e_ — '1'�i ti.y. .-. 1ik : �
<br /> _`���rr,a� rcpair is not economically feasibla or L.ender's security would be lessened, the jacurunce proceods shall be applied to the sums �,_
<br /> ,: socural by thi� Security In�trumcot, whethcr ar nat then duc, with any excess paid ta 8ornowar. If sorrower abundons the
<br /> ,����,,;�;,,,,�,,�,_ �` Property. or does nat answer within a0 days�noticc from I..cnder ttwt thc insurancc caRier ha.g affered to setdc u cl�im..thun, �"�"
<br /> ,�r,. � Lcnder may collect the insurana p�oceeds. Lender m�y use the prareeds to repair or restore tix Property or tu p,�y suma =-•
<br /> � ,,.,����. . secu�ed by this Security Instrument,whcther or nat thcn duc.The 30�day period wili begin when the natice is given. =;-=•
<br /> _ �,��:. ..-',-:�_.:,,,;,,; Unlcss L.ender and Borrower otherwisc agree in writing, any application of praceeds ta principal shaU not extend or d_,...
<br /> '- - �^ � � postpone thc due date of the m�mthly payments refcrred to in paragraphs I and 2 or change the amount of ttw Tlyment�:. If a
<br /> , � .�.,.w,; '
<br /> ���•' under paragruph 21 tha Property is ucquired by I.ender, Borrower's rtght to any insurance poticies aixi procoods resulting fran
<br /> ,. �_,•... ' . ... ..' _
<br /> damage to the Property prlor to tha acquisition shall pass to l.endcr to the extcnt of the sums secural by this Sectuity Instr�►ment �- -
<br /> , immediutely prior to ths ucquisition.
<br /> '� 6.OccupAncy,PreservAtion� Maintenance And Protcction of the Property;Bc►rro»•er's I.os�n Application;Lc�seholds. —
<br />, . ,' Borrower shull accupy,estubtish,and use the Property as Barrower's principal residence within sixty days after the execution of ��::
<br /> •r this Security Instrument and shnil continue to occupy the PropeRy us Bormwer's principal restdence for at least one year after
<br /> the duta af occupancy, unlecs I.,ender otherwise s�grees in writing.which consent shall not be unreasonably withheld, ar unless =
<br /> � extenuating circumstunces exi�t which arc beyond Bnrrower's cnntrol. Bonower shall aat destroy, damage or impair the
<br /> , ,Y. Property, allow tho Propeny ta detariorAte,or commit waste on the Property. Borrower sh�il be in default if any forfeiture
<br /> • oction or proceediug,whethar civil or criminal. is besun that in Lendet s good faith judgment could result in farfetture of the __
<br /> � ' Property or otherwise matoriully impair the licn crcated by this Security Inswment or L.ender'�security interest. Borrower may «.
<br /> , cure Fuch a defuult and rein�tatn,as providod in puragraph 18, by causing the actian or proceeding ta t�e dismissed with a ruting
<br /> � -_----- -=-- that, in Lender's gaod Fsish s3etcr�inasin», prcclades fc�rfeitesre of the Bormwer's �ntArest in the PrrFcrty or �uher mAtPriAt --_
<br /> impairnmnt of the lien created by thfs Securiry Instrument or L.cnder'x security intercst. Bonower shall also be in default if _
<br /> Borrower,during the lonn uppliration process,guve materially fulse or inaccurute information or statements to L.ender(or failed
<br /> to provide Lender with uny material informutKin)in c�nnection with the loan evidenced by the Note, includins,but not limitod
<br /> to, representatiom cnnceming Borrower's occupancy of the Pruperty us u principal residence. If this Securiry histrumenl is an a -:==..
<br /> Icasehold. Bnrrowcr shall comply with ull the provisiony of the Ies+�c. If Borrower acquims fee tide to the Property, the C '-'
<br /> � leasehold and the fce titic shaU not merge unlcss L.cndcr agrec�to thc merger in writing. _
<br /> � 7.ProtecNon of Lender's Right�in the Property.lf Bc�rrnwer fuils to perforn�the covenants and agreementti cantained in �
<br /> this Sccuriry Instrumcnt, or ther� is a legat pr�xxerding that muy ,ignifirantly uffcrt Lender's rightx in the Property (such as a ��•,:-
<br /> �.1� procceding in bunkroptcy, probutc, fiir condemnatiun or furfriwre ur tu rnfurce laws or regulations), then I.ender may do:u�d �
<br /> n , p•ry for whutever is neceswry to pr<nc:rt the valuc ut'th� Propeny und l.rndcr's right+ in the Propc�Yy. Lendcr's nctions may ""-
<br /> ., include paying any sums secured by a lien whirh hu� pricuity over thix Sccurity Instrunxnt. •rppearing in coun. paying �"r�
<br /> rcasonable attorneys'fces and entering�m the Property to makc repair,. Although Lender may take actiun under this parugraph =
<br /> , 7,Lendcr docs not huvc to dn so. _.
<br /> � Any amountti ditibur:ied by Lender u�xler this para�,raph 7 shall lkrunu additional dcht �f Burrower secured by this �,�
<br /> .. � ., Security Instrument. Unlec,Bunower and I.endrr agr�c t��ather tcrms of paymrnt, thesc amounts shull bear interest from the r��
<br /> .. � dute of disbursement at the Nnte rata and +haU bc payable, with interrst, upon nutire frum Lender to Borrower requesting ����
<br /> , • � payrnent. _-_
<br /> _ 8.Mortgege Inwrance.if Lender reyuired mortgag�inaurance u�a cimciitiun of making the lnan secured by this Security �=' .
<br /> instrument. Borroaer �hUll puy the premiums rcquired tu maintain thc mortgagc insur�nce in effcrt. If, for any reason, the �-...,
<br /> �__�
<br /> mortgage in.urunce roverage required hy LcnJrr lapses or ceuses to hc in effert. Borr��w•cr�hall pay the premiums required to F'°`'
<br /> i �' :Y,,..r '• obtuin coveruge substantiully equivolent to the mnngage irnurance pre��inusly in effee:t, at u co�t�ubstantially equivulent to the
<br /> - co�t to Borrnwer of the mortgage insurunce previou�ly in cFtcrt, froni an altcrnatr mungage in,urer approved by L.endcr. If
<br /> � , � subst•rntially eyuivAtent mortaage imurunre coverugr i.r not;���ailable, Borrower�hall pay w L.cndcr each month a sum equal to ;'
<br /> -�t� one-twelt�th of the yearly miingiige inwrance premium lking paid hy&�rrowcr when thr insurancr coverage lapxed or ceased to
<br /> . E �-,:
<br /> � , • � be ineffect.Lender will u.titipt,use and n:tuin tlie�c payn��nts u+ u loss rcticrvr in licu of nx�ngage insurance. l.oss reserve �-:;::.
<br /> —_ ;' Fotm 30Z8 8/80 �•�„ -
<br /> �_t ( Pape 3 ot 8 ---
<br /> r
<br /> . ,. .. .
<br /> �. _ �
<br /> � y,,� ' �:,
<br /> _�. �:�.;1��r.t:. . . . . . � � �
<br /> :�` ...-- - . . �� _�r: , - .
<br /> '_ '�, ..`-. . •.. tL1![ie�';��..� � _ "". ....—_"__".. ..._.. ..._._. _. ��5:'Y_'t�l?��'.I�'YJf..f1l1�.�i_..•
<br /> ... � ' __'_""_'_"'__ ' ' __ ' _
<br /> �-_ •y . _ .. . . '"'_" ''"" _.. . __ —. ._— "_"____ — > it'�_ _' ' . �_ .._—___�_. '_ _.
<br /> ji �tw'�xr' . . {�+�..i �_' � , " .
<br /> i�� M�J1•Y�l�� . _ � .�
<br /> �i+:�i' . . �.. . �
<br /> n��.cw..+�..A.c:,.. , . . ' . . �.. .
<br /> 1: ^
<br /> �i.�L'4�w�:.Y: ....w • - . . �'�•�. V �i:�1�1�Y.�t.i�^. . �
<br /> t1'�uf �.:5... '.. . .... „ . . if. .. .q . .. � �.' "+��. i. ..�' i v�� 1.�y' . .
<br /> �dun4i.v 4irk��.:. + ..i i �,(.t' . .
<br /> .. •-' iN(.`��s:.r, e. _ � .. .
<br /> - °���•��:�s�_._,.._.u._� ';L'.i'.r','�<: . ,. ° � , �r',.:. 4��r•=•
<br /> --— — "�"" . � • ; ' .
<br /> — ,ti R i f�• . < . . .
<br /> —_ �.��:....� . � .. � ' . .. .\.." 1:.� _ .�1��4H... .7*.
<br /> ,',y.a . .; -- . - , .. � . .i 4ih .�X�'y ..S.L:L�. ' �
<br /> ��cst�:� , , .`. �
<br /> �a �_.�a.� �t. -r.a.�c ._ _ . ._ . . ..
<br />-�.,r - `„"�.u....,,...,.,._ �..�.......�... '.._...+.a'��.a.�.__., . . .. . -- - - �.-�_--..'--�.��...�, .- -��--- •-
<br />
|