|
, ., . ��M��� � ._ ., r. "} ,�e
<br /> _ . 1 fr _ww��'��''�-�'.. '
<br /> �n � .�. _► . - - - - �-- --
<br /> -� -__. �, -� � ��4- soo�ei "
<br /> S. HWrd oe prnperty ipp�naoe. �ormwer dwll keep tho Irt�rovdnaib�now exirtln� or hae�Rer era,'tod on tbe
<br /> Pruperty inwrod�inst Ic�by ti�+c. Mazardi included w1U�in the term "ezta�dad oove�e�" and any other h�ard�, includia�
<br /> itaoda or flaodia�. for which L.ender roquiro�inwirwKx.Thi�inwratxx sha�l bo mvinWned in tho amouM�ond fo�the pc�lods �
<br /> • that Lander roquire�.Tha insurw�ce carrlar pravidin��he incurw�co cfudl ba chasen by Borrower subJoct w Lendei'�appn�vd
<br /> which�hall not be unrcaw�wbly w�ithhekl. IP Borrower f�lls to maintoin epvera�e descrlbed wbovo. Lender may. at I.ender's
<br /> option.oWaln rnverage to protect Lender':rl�hts in tMe PropeKy in a�ourdance wlth paraBraPh 7•
<br /> All inruranve poli�cia And n�oew�ls siwll be a�ablo to Lender�nd Wwll include w standard mortga�e clau�e. l.ender
<br /> ��T.^_��_T� rhall Iwve thc r1Qht to hold the policies and rcnew�ls. If Lender requira.Borrower shpll promptly giv�to Lender dl�+e�xiqr of
<br /> paid premium4 iud renewal rwdoer.in the event of loss.Borrowet�11 pive pmrt�pt naticx w the irnwr�c�iur and l�ender. -
<br /> Lender may nwko pmof of loss if not made promptly by Borrower.
<br /> Unless I.ender and Borrower otherwlse a�cee in writi�g.iasurance pmcoods shall be applind to rcstarndon or repair of 1he
<br /> property damn�ed.if the reswration or rcM►ir is economically feasfble and Lender's secudty ia not lessened.If the restorntion or
<br /> ropair is not economically fcasible ur Lender's securlty would be IesseneA.the insurana proceals slwll be epplied w�ho cumg
<br /> � cecured by this Security Instn►ment. whether or not then due. with any axcess psid to Horrower. if Borrower abendons the
<br /> �� ��� Property.or does not answer within 30 days a notice from L.ender that d�e insurance carrier hes offered to settle a cl�im, then
<br /> Lender may coQect 1he insurance proceods. L.ender may use the proceeds w rcpair or rcstore the Property or W pay s�uns
<br /> �ecurcd by this Sccudry Instrument.whether ar not then due.The 30-day period wlll beBin when the noticc is given.
<br /> Unless I.ender and Horrowor otherwise agrcc in writing. any applicadon of pr�aceads to principal shall not eatend or
<br /> pastpone thB due date of the manthly payments referral to in pazagrnphs 1 and 2 or change the amount of the payments. If
<br /> unckr paragraph 21�tha Propeny is acquired by Lender, Horrower's right to any insurence policies end procoods resulting from
<br /> __-__�.___.__� damage to the Property prior to the acquieition shall pass to l.ender to the extent of the suma secwod by tiiis Secu�ity Instnunent
<br /> immediately prlor to the acquisition.
<br /> b.Oceuppn�y,Preservatloa,MAlatetwnce and Pratection ot the Propetty;Bon'ower's Loa�Applkatlon;I.epcehold�.
<br /> -- Borrower sh�ll accupy,establish.and use the Property as Borcower's principal residence within sixty days after the execution of
<br /> this Securiry lnstntment and shell continue to accupy the Property as Barrower's principal residence for at least one year aRer
<br /> ----_-:� the date of occupancy.unless Lender atherwise agrees in writing, which consent shell not be unreasonably withheld. or unkss
<br /> f � '� extenuating circumslence.c exist which are beyond Borrower's control. Borrower shell not destroy. damage ar impair the
<br /> -- --___ property. allow the Property to deterioratc, or car►mit waste on the Properry. Borrower shall be in default if any forfeiture
<br /> ____ _= actlon or pracealing,whether civll or crlminal. is begun that in I.ender's good faith judgment rnuld result in forf'eituro of the
<br /> ��� prqxrty or otherwise materlally lmpair the lien created by this Secu�ity Instrument or Lender's sxu�ity intcrest. Borrower may
<br /> cure�uch a default and reinstate,as provided in paragrnph 18,by causing the uction or proceeding to be dismissed with a ruling
<br /> '� thet, in Lender's good.faith determination, precludes forfeiwre of the Borrower's interest in the Property or other materiel
<br /> ���i� ,�$'�''..++j��'.�� impairment of thc lien created by this Secudty InstrumeM or I.ender's security interest. liorrower ahaii siso bc in dcfaui� ii
<br /> �---��'`��-�:�us, Borrower,during the loen application pracess,gave meteriully fulse or inaccurate inforn�ation or statements to L.ender(or failed
<br /> 4' w provide L.ender with uny material information)in connection with the laan evidenced by ihe Note.inrludiog, but not limited
<br /> �i•�+, " to.rcpresentations concerning Borrower's occupancy of the Property us a principal residence. If�his Security Instrument is on a
<br /> � f•T���,.i leasehold Borrower ahell com I with all the rovisions of the lease. If Borrower acquires fee tiNe to the Propeny. the
<br /> � r•�,::•;., q, . , 6 . P Y P
<br /> ,,,:�a�.�, •c;�.�,•. �_ leaoehold and the fee title shall not mergc unlcsti I.ender agreeg to the mergcr in writing.
<br /> '`'+�b''� •••;s� � 7.Prutection ot I.ender's R(ghta In the Properly.If Borrower fails to perform the covennnis and agreements contnine�in
<br /> '.,.,.. .
<br /> s,-�.�� � this Seeurity Instrument, or there is a Iegal procceding thut muy significantly affect l.ender's rights in the Property (such ac a
<br /> , �'� proceedfng in bankn�ptcy,probate, for candemnution or forfeiwre or to enforce law�or regulations),then Lender may do ond
<br /> ;����;,,u�.,� .;,,���`���` pay for whatever is necessary to protect the vAlue ot the Property and L.ender's righ�s in the Property. l.ender's actions rtwy
<br /> '`�` � �`'� �f�: include pnying ony sums sacured by n lien which hns priority over this Security Instrument, nppearing in coun, paying
<br /> +�ri�r�v�.,xr.• .....
<br /> ,s�r,�.:..�.-..,; ,;;{r reasonable attorneys'fees ancf entering on the Property to make repuirs. Although Lender may take uMion under this paragraph
<br /> ;;�,�.:;,,;; ' ,. 7. Lender daes nat have to do so.
<br /> """'"�"'�•' "';" Any umounts disbursed by I.ender under this parogrnph 7 shull become uddition•rl debt of Borrower secured by �his
<br /> 'w �r �''•.
<br /> �'���+�' Security Instnrment. Unless Horrower and l.endcr agree to other terms of paymcnt, thesc amaunts shall bear intcrest from the
<br /> �"- �'� dete of disbursement at the Note rete and shull be payuble, with interest, upc�n notire from I.ender to BoROwer requesting
<br /> ' W:y}�.; ..._': .
<br /> �:,��..:...• •..�.,� payment.
<br /> �'�=}-'4 :� 8.Mortgoge Insuranee.If l.ender required mortgage insurunce as a condition of muking the loun secured by this Secudty
<br /> -='^���'`.%`�' Instrument. Borrower shall pay the premiums required to nwintain the mortgage insurunce in effect. If, for any reason, the
<br /> `':—__. ..a��
<br /> �- _- `��=��""°"�f±�.'' mortguge Insurance coverage required by l.cndcr lapscs or censes to be in eifect, Borrower shull puy the premiums required to
<br /> �'�`�}?�-'"°�� obtain eoverage subswntially equivalent to the moriguge insurunce previously in ePfect, at a r��st substuntially equivalent to the -•
<br /> - - °�"`��""�`� cost to Borrower of the mortgage insurance previously in effect, from un ulternnte mongage insurer npproved by l.ender. If
<br /> ,, r n <
<br /> �'-�"�:L;,.;,�;,•}.� substantially equivalent mortgage insurance mvernge is not uvailuble,Bormwer shull puy tn Lender each month u sum equal to
<br /> -- _- - �� �-,� one-twelflh of the yearly mortgAge insurance prcmium being paid by&�rrower when thc insurunce coveruge lap.,ed or ce�sed to
<br /> ;�,,,,�`��,- be in effect.L.ender will eccept,use and retein these payments us n loss reserve in lieu of mortgage insurance. Loss reserve _
<br /> ___ -w.f.'.-.��FY:�Ti-,t;� ...
<br /> .�..��'°���� Fam 3028 91�0
<br /> �-�--�"� f: � . . Pp�3o16
<br /> t
<br /> s_ I�
<br /> �-..-_�'--- �-----� .. - - - - - -. --- .. . . °
<br /> �.:
<br /> .-°!+--r^r.-^.^F^."-:� - - -- . ----�-. . . � 1.�y+?;r...�.alas• ' ,+ .�, ----
<br /> -- � J�� u: +.� .'I' : ..
<br /> .�,.��Nt�ti`g ¢�. µ .., � - �" � ' .i.. �r 1b yti .._' .-., vn►. •�.�
<br /> -w'Q__ _yh-sc_�.�*�Y���.��j, � `�:_�.ia�tsr3i�.��`.�
<br /> ... __ "�=-=3` '+'� �',,. ........ �. �� .. y -_--- - -- +� �;Q..�a.�; �=T-.__
<br /> � .r . x.,�,� ^S^ .
<br /> ��.�."8[� •' - ._'•� �K1 '�1 � ��yM,rna:..ry�. � . .
<br /> _� .�.,��(.�.: V ..f"s-� �� � ,Y aq '"' " ,.,
<br /> —�i .._. ;u_��IYJ�.< �itr�t .J� +iY.•: � -�'�.`� Y..- , • ' -:+-
<br /> .�. ' ���j�
<br /> � ti
<br /> �
<br /> I ��`�'
<br /> �
<br /> .— — --_— . . __� .y " . 1 � ' .
<br /> r_ y�� - . .a i t ��" .• �� , .�� .
<br /> __.— _.._ _. - �- .u �s y,rr n�.�Si '{'� ".'�Y'u"'�y'�C'_• . ,�.y�yvrvr.�.,1. .... ._ .
<br /> .__._ _. _...._ - �, o•
<br /> — _ - .w.�M.v.rr- .�F �ae�o A�� ,"S ��L - r� . .
<br /> ��_.r_. �. . �� ' ������/�•;►. ��y��
<br /> � -_ _'`��..
<br /> - '_- v.....:tifcv.'f.F. �P.�i... �A�l�IiY�h+9F7F�'_
<br />
|