|
_�� t."� f'�:;�'�',,� - �Fr. } �'. :. _" h ; -�'
<br /> , _
<br /> ,�� ..-., . . �. . . ---
<br /> _, . _ - ,,. . , ...�' . .: ' .'. _
<br /> �:( ._._... � ---� ,. . � . . . . ". . . . ' • - � ` [ , -` `"
<br /> � � .� �� � : . : � . 94-�io�,z52� . ; �
<br /> �a��rra��. n����ia�s m���u���y e«���bx«w�u �
<br /> '� • app�oval.wtiich slWr na 6�unrasanaety wtttu�ew. tr eoccow�er taits w as�i�ia cmerage aescriuea at�ove,tRaaer m.y.�t ,
<br /> I..ende*�aption.obvin coveiage ro prota.K Lender's rights in the prop�ty in axad�noe witQ paragraph?.
<br /> ' All insur�nce policxs and renewats sBa1t be araptab[e to Lender and s6all include s st�dtN martgaae clwse, 1.ender . .
<br /> sUali have the rigt�t to hotd the policies�nd renewats. If[.erder rcquins.Bomower shall P�PdY&ve co Leader aU roceipta
<br /> of paid p�emiums and rtaewal nouces. Ia the evrnt of loss.Barower s�l1 SiY=PromP�aoticx to the insurance cumr and
<br /> l.ender. Le�der may maice p�aof of tosc if aot made P�P�Y bY Bo�mwer.
<br /> — ---- _ Unkss Lecidcc and Bormwer attfawise agx it�wreEinS.instuance Fraceeds s6a116e applied w restomtiae or ne�nir of
<br /> the Ptoperty dama�ed.if We cestor�tion or repair is eeonomicaliy feasibie and Lender'�.securicy is not Ibsseaed. If the -
<br /> rataraaon or nepau is nat oca�omicalIy feasi'bk or Leader�seau;cy aa,ld ba lessaxd.the i,isuraace pivoeeds s6all be
<br /> = applied to tin sums secured by this Secnnty Inst�ument,whether or not then due,with any euc�paid to Borrower. If
<br /> -M offered to settle a claim,the�I.eadea may toIIect the • may use �o�P�'�
<br />-_= the Avperty or to pay sums secuied by this Sxarlty tpst[uma►t,whet6er or not ttien daa The 30day period wU.ix�n when
<br /> the notice is given. � �. . •� ,� .• ..
<br /> Unless i�ier and B�rower ottierartse!agi;cc in wrinitg.;ars�-��+z�1F►�co�8s to P� .�� mcit�a-tend ae �
<br /> :g,��one t3�d�e:datea�f tt�esa3�ty pa;�meiitszefemed'bQjnt�+��z���r.�..�e a�?�(t:��ht�,ysne�s. If
<br />�� .' . :��&r paragdsg7i:2�.���.�is.acquc��!Len�eG,Bcssm�scr's rtgY►t to any i�e�a�.=i�;��p:+ooeecls`resulting
<br /> `I fr'an damage w tbe PiioperEy p�br w_tLc acquis�doa stiati pass to Leader m the extent of the sums seca:ed by this Satiuiry
<br /> � is�
<br /> = Instnunent immedtauly prior w tl�e acquisiao�. _
<br />'-`�"� 6. OocupAncys Pra�ervatiaor Matuteost�e �ed Protectton ot the Propertys Borro�ver's I.a�n Applic�tjooi =-
<br /> .
<br />-- within siz da s ofkr -
<br />-- I.ease6old.9. Bomower sh�dll accnpy.esta6tisb,and•use t!►e PropeRy as Borrawers pnncipal ns�dence ty y _.
<br /> the execution of this Securlty Instcument and shall continue to occupy the P�opeity as Bolrower�principal residence fqr�t ---
<br />_-_ kast one ytar aftcc the date of occnpancy. unfess Lender othccwise agrces ir1 wtiting. whieh conssnt shail not be �=<
<br /> � unrcasonabiy withheTd.a unles�extenuating cic+cumstu�ces exist which ace tieyond Barrower ti control. Bamnwer nhafl not
<br /> destmy.damaga or impair the Propecty.allow�he Ptoperty ta deteriorate.or cai►mii wacte on the Property. Bortuwcr shall ___
<br /> be in default if any fafeiture oction cx proceeding.whether civil ar criminal.is begun�hat in l.enderls gcxid taith judsment • _
<br /> "`-��� c�atd result in Porfciture of tfic PPoperty or atherwise matcriatly impair the tien created by �hi�Security fnstrument or _
<br /> ' ���F�� 7{:•�'`� ' �."�e��:
<br /> _ _. "{ Lcndcrk secudry inter�esl: Bocmwer may cure such a defnult and reinstate.uw pravided in parag�nph 18.by caus�ng Ihe xtioo
<br /> --#� :. nr procccding tl�be dismissed with A ruting that.in LcnQer�gaad faith determin�tion.p�ecladea faieittm aC thc 8ortowerl� �, �:;.:
<br /> ' �� ,;"' ��' ��• := .t intem�t in the Property or atixr materiol impaim�ent of the I�en c�eatcd by thig Security [ncnumem ar Lender�x sec�lrity �
<br />. �., r _ F.�,�..` �``i,.
<br /> ,;.,- interest. Borrower sha11 also bo in dcfauft it Bixrower. during tt�e toan applic�tion process. gavc materiaUy false or. . �'`�
<br /> .�,::�;`:�, ::,. �-�:w-
<br /> ;,��.., ,;. ;..1 inaccurate infortnation or statemertts to L,ender(or faitcd to provick Leader witb any materiai informaaan)in connection with ,.,.,_
<br /> . ^"_'., . - ttic loan evidenced by the Note. lnetuding. but aot limtted co.rcpresentations catceming E)orrower s occaPancy 4f,the x�:�;�._
<br /> o �'__-
<br /> �r:?;�f,:,�;.,,. �:,�� ,: PropertY�S a principal residence. If this Security Instrument is on a le�etald.Borrower sfiaU comply with all the pmvis�ons . ��`r--
<br /> ;�fr:F,,•;,:.�•: ,•;;,;,: of the lease. If Horrovirer acquic+es fee titfe to tde Propeny.the leasehold and the fee title shall not merge anlesg l.eiider agc�ees - �
<br /> .•. , [o the mergcr in writing. ��.�:;
<br /> � '-�.�._,:-:::,; : "_ -. 7. ProtecNon of l�nder's Rigitt$in t6e Property. If Bonower fails to pe�fom►the coveaants and agraments . _- _
<br /> R.._ —
<br /> . , ��`:.,•`:'.' :� , contained 'm this 3eeurity insuument,or titere is a legal proceeding tha►may signiftcan[ty affect Lender�s nghts ut the
<br /> ' ' • �:� Property(such as a proceeding in bankruptcy.probate.for condemnation or forfeiwre or w enforce taws or regulations).t}�ert t��
<br /> .. w�-�
<br />- '� '�� , Lender ma do and a for whatever is n�sary to protect the value of the snd C.ender's ri ts in the Property. �'�:-�T,
<br /> . Y P Y �RX Sh ���:�?F:�;;
<br /> Lender's actions may include paying any sums secur�l by a lien whteh t�us.priorlry:over this•$eaoriry Instrument,appearing �?:•;r�-
<br /> ' :�;' in court,paying reasonable attomeys'fees and entering on the Property to make repa(cs;Although Lender may talce acuon %';�.--�
<br /> - • , . . ��;��� undcr this paragraph 7.Lender does not have to do so. � : : �'. � �t „�
<br />- � ,;.;:•::';..., _ Any amounts disbursed by Lender under this paragraph 7 shall becoate uddittoaal;debt:qf Borrower secured by this •�:. ;. '^ '
<br /> .,., ,
<br />..:.;.: � ,.. .,, . :. ti:,��S•.
<br />,�,�.,•��� � .. .. ..
<br /> ,:t'"r`+?:«:c, .. =.:. .Security Instrument Unless Sarrower and Leader agcee to other tetms of payment,theso.amqunts sball 6ear int$:�.st from the ����.;;h.=:, ;�
<br /> �`/Y:. `�'M1'�;.v`��,�' - � ' . . ;4.- ..
<br /> .s z�t '�;,,,. ''•{�e of disbursement ut the i�ote rate and shall be payabte,with interes�upon�notice fi+oin'Lcn'der to Borrower requesting .,,:,,:,;;_;;�,,,� -
<br /> - ��.i . � � d Cfl�. :'' • '-{.(i„r. .:
<br /> -' !_ , •: .'; t: .c�:
<br />,,,�,. ''�I 8. Mortgage Insuranca If Lenclec.sequired martgage insuranee as a condition of inakis�r, the loan secured 6y�his . r
<br /> '� - " � � '-`�:�` "` S�„curity Instn�ment,Borrower shaU pay tfse;premiums required'to maintain the martgage insuractcse in effect. If.for anL • •
<br /> _ :;:^s.% $ .
<br /> _. . . .. reason,the mortgage insurance coverage required by I.ender lapses or ceases to be in effect,.Borrower skall pay the
<br /> , •. r'.•;. ' premiums required to obtain coverage suhstantisilly equivalent to the mortgage insurance previausly in effec�,at a cost � :,.
<br />- • ', ' ';, substantially equivalent to the cost to Borrower of the mortgage insurance previously in effect,from an aicemate mortgage ��• '
<br /> • ���•,�- � '1.�:,�� insurer approved by l.ender. ]f substantialiy equivatent mortgage insurance coverage is not available.Boirower shall pay ta ' � ;;;-<
<br /> `_{-,..,: �;;�, "`'°�:,�;'_
<br /> �,a.�;., • . ;,;,,;;� Lender each month a sum equal to one-twetfth af the yeazly mortgage insurance premium being ga"•id by Bortower when the .,r.�.y,._
<br /> ';y, , ..•,,?:; . • insurancz aoverage lapsed or ceased to be in effect. Lender will accept.use and retain these paymersts as a loss reserve in lieu �-�-
<br /> '�� �,::: :, -. .''�_�.�_
<br /> - ,_��t;`�,'°��.;:�,. '.�;.of mongage insurancc. Loss resetve puyments may nu longer be required.at the option of l.ender,if mortg�g�insurance _
<br /> �"`+ ' .°���;�a''�:::':"';" � ;� '�verage(in the amvunt and for the penod that Lender requires)provided by an insurer approved by Lender agaia becomes .
<br /> �l .• . y<1 •�.�.�. ' i,
<br /> . - . hS; �sailable a�3 is obtained.Borrower shali pay the premiums requi[ed ta maintain mortgage insurance in effect.or ia provide a ,
<br /> :�,..;.,. , ''� .= ',:;,�.,;;: . .
<br /> , �, :. :s.»+ . .2�ss reseswe.r,ntil the mquirement for mo�tgage insurnnce ends in!a�ordnnce with any written agteement betcvee�n�csrrawer
<br /> a�;�� : .
<br />�;:' �' ., ,,'.',,.,�.::•`..< a¢3 tx�ar orapplicable law. . .;i. •,, - -
<br />;;, .� :• • . 9 Inspection. i.eader or its ugent may make'tei�conub�e entries upon and inspections of aha Propere��: �nder shall ..
<br /> tt . ;-- �,`"���' ���cve Bortower notice at the time of or prlar to ati inspectton specifying reasonable cause for th�i.�sqection.
<br /> "�,.�:. �-. .,, ; .
<br /> _ '�Sis;* 10. Coademtwtion. The proceeds of any uwutd.or claim for dnmages.direct or conseqaential.in connection with any
<br /> _- �;�;•. �
<br /> •� u�" t, S3ngk Fatnity»�annk 11tYe/FFeddk Mac 11NIM4Rl11[�STRUMENT••Unifom►Covenant� 9!!0 fpaRt 3 oJ6 paRt11 . ,
<br /> ••i : -
<br /> R�.� ..`-,7 ' roorarr��a�oa�a�pn`,um�otar�� - . .
<br /> :� : -
<br /> =— . '�.
<br /> , ..
<br /> -� ----_ — - - - -,-. __ _� ... -r . . . . . �
<br /> .�T�T.��_-__`_ - . . �«�,w����� . � � .� _ ' . . . . . .
<br /> � _= - ,..t'.. J • . . .. . '„y' vC�. • . . � ..
<br /> -_ ; _F� ': . .. . _ . � . . r'��i;� . r - .'� � - .
<br /> .-1'-• ��,��t .. , .. .. , .:•i�••jt.<. .,� ,-�'..�.,:'��r:.�'r„'�.. . : . . . . - .
<br /> _:� k . . _ .y� . . .
<br /> — teir�'s��w ' . . .. _. . +at.i�� . , atil.-a.caa..wwt../a_ ....... ... ,
<br /> __��� _'_ y;'.1 �' o' 4 . ' .. �yil: � . ._ . ... . . .. _ _e �. _ . '.r���. _ . ... , . .. . . ._ .. . . _
<br /> -s�*�.�� 7 t- - - - 'r�.'J�x,. �Y ,4lC�µ'�' +'- . . ' , - - �
<br /> —+•1t�i6i� vIv i it� v ry 'u, ' . . _ .. .t....�- C+l'i�Y,, ;�l S .. ' .. , ..
<br /> �x f F��' y,l T 4� : �' } ����' ��';'� '�+
<br /> , ;
<br /> -� -_m.,��.a��e..'JI 3';;.'Stk�1ln .���t.fi:�. . .. �.i��: . .^Ahd..i�,`r7��•:� ,r'µ'..5.� .. .,d,',i7?i:r.. .. �s
<br />
|