|
�r� �
<br /> .. ,.r'.�,..,_. -
<br /> � � �. i . , 'r :�:,-•,..
<br /> :«.�.
<br /> ��� _ _ —
<br /> -�=--=��' �93- 11�333
<br /> periods thut I.ender reyuircY. 71N:inxurance csurler providing the lnsurance chull be chosen by 8orrower subJect to Lende�L
<br /> approval whlch chall not be unreAaanably withheld. If Borrowor f+�ils to maintain coverAge described above,Lender mAy,�tt
<br /> ---- — Lcndcr�s aptian,al�taln covcragc to pmtect l.endtr's dshta in the Property in accordancx wlth par�Rraph 7.
<br /> All inr�ucwice policies wid rcnewAls slwl!be wcceptnble to Lender and shall include a standard mortgage clause. I.ender
<br /> — �hell havc the right to hold the policies and renewAls. If Lender rcquires,Bamowcr shall promptly give to Lcndcr all rcc;eipis
<br /> �, af paid prcmiumc und rnnewal ootices. fn the event of loss, Borrower shall give prompt nutice ro the insurunce ciurler and
<br /> _ --- - Lendrr. Lcndcr mny make proof of losa if nat made promptly by Borrawer.
<br /> r.= Unless Lendcr ond Borrower aherwlse agrcc in writing,insurance prcxeeds shall tx�pplicd to c+estoration or repair of
<br /> x. lhc t'ropc►Ky dwnaged, if thc restoration or c+epair ts economicnlly frasible and Lenderk cecurity is nat lessened. If the
<br /> -- rcstorution ur rnpair is not economicaily feasible or Lendert security would be lessened,the insurance proceede shall be
<br /> ___- _ -_--= appited ro t!x «�ms cec��rcd hy this Security Instrument, whether or ncu than duc, with nny excexs p•rid to Borrower. If
<br /> .-,�- ---- — Borrower abandons the Property,or does nat answer within 30 days a notice from L.ender thut the insurance carrier ha.c
<br /> -- offered to settle a claim,then Lender may collect the insurunce proceeds. Lender may use the proceeds to repair or restore
<br /> - _—��� the Property or to pay sums secured by this Secudry Instrument,whother or nat then due. The 30-day periad will begin when
<br /> -�--�;�-�= -
<br /> the noticc ic givcn.
<br /> -- ~��'�'� Unlax,Lender und Borrower otherwise asme in writing,nny application of proceeds to principal shall not exten or
<br /> w't;�� ` pastpone the due date of the monthly payments r�eferred to in parugraphs 1 and 2 or chango the umount of the payments. If
<br /> � �f',� under parngrnph 21 the Property is acquired by Lender, Bortower'�right to:u�y insurance policies nnd proceeds resulting
<br /> — - from damage ro the Propecty prior to the acquisition shall pass to Lender to the extent of the sumx securcd by this Security
<br /> ;� Instrument immedia[ely�r3or to ihe acquisitinn.
<br /> y "`:^'"� ' 6. OccupAncy, Preservatton, MAintenAnce and Protection of the Propertyi Borrower's I.oan Application;
<br /> Leaseholds. Borrower shall occupy,estnblish,and use d�e Property as Borrower's principal residence wtthtn sixry duys after
<br /> � ,,:r�.;:..,. '•:' the execulioo af this Security Mstrument and shall continue to occupy the Propetty as Borrowerk principa�l residence for at
<br /> +�a� least one year after the date of occupancy, unless Lender otherwise agrees in writin�, which cans�nt shult not be -
<br /> e
<br /> .��f.•::•:; : unreasonubly withheld,or unless extenuating cimumstunces exist which ure beyond Borrower's•control. Borrower Shall not
<br /> ' �'4.`;��iti,���+'����' destroy,damage ar impAir the Property,allow the Property to detoriorate,ar commit wa�te on the i'raperty. Bormwer shall
<br /> ���•� be in default if uny forfeiture actian or proceeding, whether civit or criminal,is 6egun thnt i�i Lenderk goad faith judgment
<br /> `��.'��-';,'+�;,;"-,4�=;`' could �esult in forfeiture of the Propercy or otherwise mnteriully impair the lien cnented by this Security Instrument or
<br />_ ' . ' `� Lender's security interest. Borrower muy cure such a default and reinstate,us provided in paragmph 1 R,by causing the action
<br /> . .a:r. �,�:�,.i�a+�-� o�proceeding to be dismissed with a ruling that,in Lenders goc�d faith determination,precludes furfeiture of the Botrower's
<br /> ' � interest in the Propeny or other material impuirment of the lien creuted by this Security Instrument ar Lender:s security
<br /> • `{`''"''�''' . interest. Borrowar shall also be in default if Borrower, during the loan application prcxess, �ave materially false or
<br /> =�;;,;;:;;_ .,,.,�.�; inaccurnte infocmation or stataments to Lender(or failed to provide Leader with any material information)in conneetion wIth
<br /> � �he ►oun evidenced by the Note, including, but not limited to, representations concerning BorrowerF occupancy of the
<br /> ;t��,;.�: �;�,,.,: PropeRy as a principal residence. If this Securiry Instrument is on a leasehold,Borrower shall comply with aU the pmvisions
<br /> •� _..��_.��_.�• �f the IP��. If Horrower acquires fee title to the Propecty,the leasehold nnd the fee title shall not merge unless LetKler agrees
<br /> ` � , • to the merger in writing.
<br /> • ' 7. Protection of I.ender's Rights in the Property. If Borrower fuils to perf'arm the covenants and asmements
<br /> contained in this Security Instrument, or there is a legal proceeding that may significantly uffect Lender's• rights in the
<br /> ,„�:,�„_,:,,:;�,:.;,�' Praperty(such as u proceeding in b:inkruptcy,probnte,for condemnation o�fort'eiture ar to enforce laws or regulations),then
<br />�° - Lender may do and pay for whntever is necessary to protect the value of the Propeny and Lender:rights in the Property.
<br /> • '� ' Lender's uctions muy include paying any sums secured by a lien whirh hati priority ovrr this Securiry[nxtrument,appearing
<br /> � in court,paying reawnable atromays'fees and entering on the Property to muke repairs.Although Lender may take action
<br /> , . �� under this paragraph 7,Lender does nat have to do so.
<br /> _ � �• � Any nmaunts dixbursed by l.nnder under this parogmph 7 shall berome additionul debt of Borrower secured by this
<br /> •"'°`°����"+'�:?�`'''"' Securiry Instrumrnt. Unles�Bormwer und Lender agree to other tertnx of payment,these amounts xhall bear interest from the
<br /> ��° i s, • datc of di�bun:ement ut the Notc rnte and shull be puyablc. with interest,upon notice from Lender to Borrower requesting
<br /> � • „ payment.
<br /> S. Mortga�e Insurance. If Lender reyuired mortgage insurunce As n condition of m:iking the toan secured by this
<br /> .� ' ''"' ' Securiry Instrument.Borrower shaU pay the premiums required to maintAin the mortgage insurance in effect. !f,for any
<br /> � ' '� ' , �` °'� mation, the martgs�ge insurance coverage required by l.ender lnpses or ce:i�es to b� in effect, Borrower shatl pay the
<br /> _.d.,..4����.,.�,:.,,..
<br />.,#� ����.,;. .. premiums reyuired to obtuin coverAge substantially equivnient to the mortgage insurance previously in effect, at a cost
<br /> . ' substantially equivalent to the cnst to Borrower of the mort�age insurance previously in effect,from an altemate mortgage
<br /> • ' � insurer approved by Lender. If substantially eyuivalent murtga�e insurance cover•rge iz not available,Borrower shall pay to
<br /> � ' Lender each month a.um eyual to one-twelfth of the yearly mo�tgage insurance premium being paid by Borrower when the
<br /> _ insuranrr roverage lapxed or crased to be:in effect. Lender will accept,usr:u�d rctain the�e pa��ments as a loss reserve in lieu
<br /> - �. •,�.��'';i of mortgagc insurance. Loss reserve payments msy no longc� be reyuired,at thc option of Lender, if mortgage insurance
<br /> � `i'•:;;-:;%� covcrnge(in the amount:u►d for the period that Lendcr reyuires)providcd by an insurcr approved by Lender again bccomes
<br /> '�}`;�r�i .
<br /> avail�ble und is obtained.Borrower,hall pay the premiums rcyuiird to maintain monFuge insurance in effect,or to provide u
<br /> +�:- loss reserve,until the rcquirement for mort�uge insur,urce ends in accordance with any wricten agrcement between Borrower
<br /> ' *""�. n � and Lcnder or applicublc law.
<br /> � "./�; ,_ 9. Inspection. Lender or its ugent may make rcasonable entries upon and in.�ctions of the Property. Lender shall
<br /> �'-- " `�"� ' ive Horrower notice�t the time of or nar to;m ins �ti�xt s cif in reasonable cause fnr the ins �tion.
<br /> •,�.�,•�,y���:�lt • s P � P�' F� Y F P'"
<br /> '• ��"��}:;;��;� 10. Condemnwtion. The proceeds of an�-award or claim ti�r Jam�ges,dirert�x ronseyuential,in corukr[ion w ith nny
<br /> � .v aa
<br /> Single Family-•Fwnk ModFYeddk 1►t�c UNIFUR�IINSTRU�IF:%T•-Uni(orm Cu.�nani,. 1�YY ��ge 3��h�wX�s�
<br /> a:�,.. ae:ic uta euwK«Fa+r,tnc.■
<br /> � '., b pOr Cat.ti0UA1P0.7Y0 J FAk 61�791•�I�t
<br /> f�.. u..�
<br /> �fG�..�!;�
<br /> .y�.r:.t�:c
<br /> - �
<br /> _.: .
<br /> - — --�-_-- -�,��a., . . � - . . . i�rt•i s � .r.•v'.vhi���»...�.:�.. :�� . �.
<br /> - — -----!.,x;. . -. - ` . . .. _��::. .
<br /> _� Cii�'�'"A:. .. .`... '�Y�.-w. .�.. , r_ .. . .•�.._. . ;...,r _ � ' ".ksL�.u....-�c...L._.� . .
<br /> k x.":�x
<br /> . .1. .. _ ,...�_' �.:r.a.,.�, -- -
<br /> ±`S.�ti,.y:• rE�3�.7�it' — `1[g:E�1�i�°•'
<br /> � .
<br /> .,_
<br /> . .
<br /> . � ` -- -
<br /> . . ._
<br /> _ _�..� _ - --� - - -- -•- _
<br /> ..
<br /> - - � . _: -- _• . . .
<br /> :�•...._ �. . .
<br /> . �'" _ "_ . . •.wYsi'��diiar.. ,. ,ta�n,y...r • . '
<br /> __ T_i�i � , _. . _ . ,._ _ y .. . . _lt at' : . _...F• "� ' . �
<br /> �° -f "A"'a�"'Y3�+�s�.::.
<br /> �v;r.. .,�;`"�.... .. . , . .. _. ..._ . ...u::���`Q3;i7SLo:::�.. � . .. ..
<br /> .�L%e� � � ' ' � W ��J �� -
<br /> >,,s�. -'-'c,.il . .-ia-..��,..,r*„ :�::;�+.�i�
<br /> �!tn^wre� r �.0 y,:;< . . � ' . ''_ .. ,.w�+v.n i.it�f%�" �i `� '-' ..
<br /> ', ..r_ ti��txi�-�":`.: . - . �,..:. . '..,.. ,.��,�a„r. k� k:�.�
<br /> ���� ,�k'�;�. ., :�,w:,,�..�t:GC.,t�,; ,�a...=� �: .
<br /> p.lr4�. -,•. •5�`"-W.'ti`.: . . . M. . "�" s��. , . .�. . .
<br /> ,,,,'#u. �k:.i �b..
<br /> _ ����t.. , .
<br /> _— -- ----_ -- °- �'��• :�w`i-'�P_;j V+' , �.: .
<br /> . ---_ —'��"��`°�`����S�r.c,*= -.i��`'�_�.,.u�S�..�.'+�.f+;l:�t ..�.. ��. .
<br /> _ -��„�yy.rr-,_ i_ �ct_... , .. -t ° _ .
<br /> _--____--�....az3..... _ . . . :2,�_.i"-�." •,r.:J� _ _ .__ _ _
<br />
|