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94100052
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Last modified
3/9/2012 11:40:34 AM
Creation date
10/21/2005 2:03:31 AM
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DEEDS
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94100052
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. . . . _ .� . _. . <:�: <br />. _ } . _ .. . _ _ <br /> . , .; � � � - � : �. - � � �4- ,1° � - . .� _ � . <br /> + . �a,�i.��.. �;����:��u��a�.�.e�����:r� - . .; . <br /> . „ppo,�al,�ich�u aa be u�wodbi�►w�hfiew. u aa�rai4 w m�t�iu cc�eeye aea�e�ea abov+a,l.,�saer�iu.�►,�t ; <br /> � , Le�erli optjbn.d�tain cover�,�e a peoleot[.e�der�ri�hts io tbe ia axaed�na wAb pr�b� <br /> Au nuuc�eee policies�ad za�vils�11 be aooeqsbk ro�aod�dt include a wndrd�cL�ne. I�e�der <br /> eb�fl tlrva t11e rf�t so IWid d1C poiicies a1d�ene�vtla. �.e0�det leqaiRt.Hamwer�hfll P��Y 3ttre b L�e118's 11I taQeipls - <br /> • 'of p�id p�emiunu and t�wat notias. In tbe ertnt af loa.Banowa sl�U�ire ptong�t notica a dre�eoe c�t'ri�er an8 • <br /> .L�ender. Leod�er may make p�oof of lo�s if noE madt�romptly by Bartower• < <br /> unlss�r,snaec.od aaQnw�r atietwue ag+ee in wndn�._i�u�nce pnceeds stWn he,ppuea�o renoraiaa ar�of` . <br /> � the pYV�ty d�tn�ged, if tbe t�ian or tep�ir'is eo6aoanicaliy fea�iUle�nd L�fderi sec�aity is not k�aed. lf ie <br /> � res�nqon a tepair is not eoa�amir�i[y fasi6k,arireadest�axurity would be iesKaed.8ie�anoe proceeik�hrll6a 4 <br /> appiied lo We,swos securod Dy this Secutity L�str�eot.�or»ot dxn due.wilh aay exaess p�!b 8oaow�q: tC . <br /> $omower abmdoas Qie Pr+apett7t.or doa aot a�a�wer witl�n 30 days a nooct litero Ld�der d�ait the bw�not c�nier 6n <br /> ofl'e�ea to iettk a eTaim,drca t�kr may onUect t6e�r�ooe ped.bdds. LeAder m�y me tbe pda+edr to�ep�ir ar.re#� . <br /> the Pmpaty a tn p�y sun�s ee�u�ed 6y this Satuiry Irotrtbndit,wl�ed�er cr not t6an due. 11re 3Q�day pe�iod wW bejie�ta . <br /> d�e notjce is givea. <br /> Unkss Leeder�nd Bartower abe7wise�g[ee in wri4�s.sry applic�tion of pooee�s w principd e�lt not exkqd or <br /> poslpone the due dste of tlie monthiY P�Y�ieferiod to u��gr�pAs 1 anc!2 a char►�t the amo�uu of the prymerMS..tf <br /> otider p�ngr�pi�.21 tl�e P:opaty,is�eqai�o�by Lender.Bonowtr'�right to�ay�oe pol�cia a�d p�oceeds�p�Un� <br /> . from d�m�ge to the P+operty prioc to the�oqoisition shs[1 p�ss to Lender to t6e extent of the mms saauod by d�Is Sec�urll!► <br /> It�trume�t irtunodiatety p�ior oa d�t acq�risi� <br /> i. Ooc�e�y Pre�enat�Mai�a a■i Pnutectba d die Propert�: Barro�eer'a Lw AppNealN�t <br /> !.'aeeMotM. Banower s1�aU oo�vpy,e.�ta61is1e.and�ue the Pinpaty as Bo�werk priacipt!resideaeice within sixty daya dtec <br /> the eucutian of this Securiry Insanunent�nd sb�A coaunne to oocupy the Ptope�ty u Bamwer�s pr�nctpst�dmce for at <br /> lessc arte yar afte.uK auo of occup�ncy, w�tes� I�ee�dar ahorw;se agroas ia art;ting. wbic�l, aansmt ah�ll noc be . <br /> �umeasata6ly withbekl.a unless axteawting citaunstanoes exist which a�e beyoiid�ormwer's cantrot. Barowe�slnD aot <br /> destroy,d�mage a impair tLe Plropecty.�tlow tl�e Pmpaty to deterionur,oc commit wztte on the Ptopaty Bormwer a�U <br /> , be in default if aay forfeitme acxion ar pmceeding,whe@rer civil or criminal,is begun ttat ia Lender's good fiid�judpna�t <br /> could nsult in forfeiture of the Pt�operty or otherwise materi�l[Y imp�it dk lien cceaad bY tWs Secarity tnst�ument or . <br /> I.ender�securiry intet�l. Barower may aue such a defaa[t and�einstate,as pcovidod in paragaph I8,bY cwsing tbe action <br /> ar proceedi�tg to be dismissed aith a suliag tha�in€eruJer�s Eood faith deteemination,P�'xludes forfeitu�e of tLe Bamwa's <br /> iMe�est in t6e Prope�ty or othti maxrial iatpaimjent of the Grn c►�eated by this Security In.�tnunent or I.end�er's saurity <br /> interes� BoRVwer shall also be in default if Barmwer, during the loan applic�tian process. gave materially false or <br /> inaccurau infom�ation or statem+atts to L�nder(or failed w ptoride Lend�r with aay material infom�ation)in connection with <br /> the loart eridenced by the Nate, includ'mg,bat not limited w.rep�sentatlons concemnag Bornnwer� accupaacy of the <br /> propertSr as a principal i+es�dencc If this Seauiry Insaurtxne is on a teasehoid Boirower shallcompIy aith aU tht provlsions <br /> • , of the leate. If Bor�ower acqaiies f�e ude to the Pruperty.the leasehold and the fee 6tle shaU not merg�unless Lender agaes <br /> to d►e merger in writing. � <br /> 7. Protectioo ot l.eader's Ri�b in t6e Properly. If Boicower faits to perfonn the cav�nants and agr+eements . <br /> cantained in thia Secariey Inshument, a tUer+e is a legat pmcading that may significantly affec3.linders rights ia the ' <br /> Ptvperty(such as a proceod�g in baniwpc}r.probate.fos condemnation or forfeitu�e oa to enfarce laws or ngularions),thea - <br /> �r may do and pay for w�ateva is necessary to protact tF�e valu�of the Property and Lencler�rtghts m ttre Ptoperty <br /> II.i�der's actions may include paying any sams secared 6y a lien which has priority over fhis Seceuity Insorument,appearing _ <br /> in couct.paying�easonable attomeys'fees and entering on the Propecty to make repairs.Althoug7s Gend..°�r may tal�e action <br /> under this paragraph 7.Lender does rtot l�v�to do so. • _ <br /> Any amaunts disbursed�+� �..A.der imd'er this paragraph 7 shall become additional debt of Borrower secured by this - <br /> S�curiry Instrument. Unless�z:a.xr aad Lender agree to atAer tertns of paymen�these amounts shaU bear interest from the ' <br /> dlate of disbursement ae the���:rate and sha116e payable.with interest,upon norict from Lender to Harrower teq�esting = <br /> payment <br /> 8. Mort�e insuranca If Lender requircd mottgage insurance as a conditian of malm�g fli:loan secured by this <br /> Security Inur��Borrower shal!pay the premiums required tu maintain the mortgage insurariee in effect. If.for any ' - <br /> �sa�; the morigage inswance coverage requircd by I.er►der lapses or ceases to be in effect, Barower shap pay the __ <br /> �iums mquired to obtain cove�age substandally equivalent to the mortgage i:*�surance previously in effect,at a cost _ <br /> sr�:antially equivaknt to tt*�cost to Borroaer of the mortgage insurance previousTy�ia effecb from an altemate mortgage _ <br /> ins�mr approved by Lender. If substanaally equivalent mort�age insurance coverage is'aot availabte.Borrower shq1l pay ta = <br /> Lcnder each manth a sum equal to one-twelfih of the yearly martgage insurance premium being p���y$orrower whcn the - <br /> • insurance coverdge lapsed or ceased to be irr effect. Lender will accept.use and retain these payrnen�s as a loss reserve in lieu <br /> of mongage insurance. L�ss reserve payments may no longer be�equiied.at the option of Lender. if mortgage�nsv�ance = <br /> ,�v.rage l,in the amount a�v���.�the period that Lender rrquires)provided by an insurer approved by l.endet ag�a:ti�cames " <br /> - as��.tiable and is obtained.��wer shull pay the premivaa�s required to maintain mongage insurance In effect,vr�e pu����e a • = <br /> fms�reserve,cntil the requirement for mortgage insurance ends in accozdance with any written agreement txtween 8btrower <br /> ane Lender or applicable law. ' •`-_' <br /> 9. InspecHon. Lender or its agent may make reatanable entries upo�and inspections of the Property. Lender shall E, <br /> �ve Borrower nohce at the dme of or prior to an inspec4�xz s�ecifying rcasonable caase for the inspection. � _ <br /> 10. Candee�eatio� 'Phe proceeds of any award c�c1.:�im for darnages.direcc c,r eonsequential.in cormection with any <br /> Sit�,rle�nily-Fi�skMadFicddieMacUNIFORININSTRU:1�.ti��Unifom►Covrn�nts f/f� IPaRe�o.96PaR�) -. <br />� ' � c.acusdwrer►ai.al�■ ' _ <br /> . ro awr��aas3a�av o nu s��fns� � <br />
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