|
.,`� „_� __.
<br /> �y ' ' .__.__... . _ ._ .'.
<br /> � •f' . . . _ :+ri�aa.�x7�c���,"—._..�__.
<br /> �' � _���
<br /> _-- -- 84..�.oi�8
<br /> s. w�re ar Pro�party t,w�r.00e. Boctuwer .tu8t keep the ;mprnvaaenu now sacla�r� or here�tl�r ereard a. dM
<br /> propenY in�ured aQ+�inst laes by firc, h�zudi includad within the term 'extendod mvera�a`�rod�ny ott�h�rard�. includin�
<br /> Aoodt or tloodio�. for which i.er�der ra{uitra inaurube.This ineuriu�oa shall be mainWned in the�mount�iu�d tar the perlod�
<br /> tfiat Lader requir,p.The insunuwe carrier providinQ the inwronoe eh�lt bc choun by Borrower wbJect to LeMe�'�rpprov�l
<br /> �vhich r1w11 not be unro�wrably withhetd. If Boexower fals to m�intsin cove�e dacribod�bove. La�der rr�y, �t I.e�dx'�
<br /> option,obtain coven�e to protect Lrnder'r dghts in th�Property in Acoord�noe with p�rn�niph 7.
<br /> All insurAnce pollciea and renewds sfu�ll be axeptable to Leader�td shall lnclude a�w�d�rd mort�e alw�e. l.ender
<br /> dull tuve the right to hold the policies and rcnewalc.Yf Lender requicra.Borrower ah�il promptly�ive w LeMer�II rooafpt�of
<br /> �-=- ---�- paid pre�r►lum:.�nd renewul nodces.In thc evcnt of loss.Borrowcr shafl givc prompt notice to thc insuraruc carricr and L.ender.
<br /> I,cnder may make proof of loss if not mede promptly by Bosower.
<br /> Unless Lender and Borrower otherwfse agree in writing, lnsutar�ce procoeds shal!be applied to ratorntlon ar t�ir of the
<br /> Property danwgod,if the restarFetion or repair is ecor�omically feasible and Lender's aocudty ia not fessened.Yt the rccWraticxt or
<br /> r�patr is nat oconomicsilly feasible or i.endcr'c sccur�ty would be lessenal,the Inaurance pratiedc�ull be Appliod w the wtnt
<br /> �ocurod by this S�curity Instn►cnent, whether or not then due, wlth any excess paid to Borrower. If Bon+ower�bandoru the
<br /> -- Property, o�does not answer within 30 days a notice frnm Lender thut th�insurance carrier has offend to settle a clalm.then
<br /> Lerder may collect the insurwwe proceeds. I..ender may use tha procoeds to repair or restorc the Property or ta Qey wrtu
<br /> socurod by this Security Instrument.wheth�r or not then dua The 30-day period wlll begin when tha notice is given.
<br /> Unleas l.ender r�nnd Bonowcr othcrwlse agree in writing, any application of proceeds to principal clwll not extend or
<br /> po�tpone the due date of tlic monthly payments referred ta in paragrapha 1 e�id 2 or chonge the a�raunt of the paymentc. If
<br /> under p�raph 21 the Propeny is acquired by Lender. Horrower's dsht to any insurark�poiiciec and pracads msuidn�from
<br /> dwm�e to the PropeRy prlor to the Acqutsitton shall pas�to L,ender ta the extent of the cumc tecund by thia Security Inatrument
<br /> �v; invnodiuely prior to che acquiaition.
<br /> 6.Occup4ncy,Preservation,Ms�intenance And Protectlon of the Property;Borrower's L.oan Applk�don;Laueholdr.
<br /> &�arower rhall accupy,establish.and usc the Property as Borrower's prtncipal residencu within sixty doys after the execution of
<br /> this Security Inatrument und shall continue to occupy the Property as Borrower's principal residence for at lesst one year after
<br /> ' the ci�to of occupancy, unless I.ender othenvlse agrets in writing, which cansent shall not be u�reasonably withheld,or unless
<br /> cxtenuatin� circumstances exiat which are beyond Bonower's control. Borrowcr shall not destroy, damage or impair the
<br /> Pmperty, allow the Property ta deteriorate,or commit waste on the Praperty. Borrower shal! be in default if any forfelture
<br /> �tlon or pracealing, whether civil or criminal, is begun that in I.ender's gaod faith judgment could rosult in forfeiturc of the
<br /> - 1'roperty or othervvlse materially impair the lien creflted by thi�Securlty Instrument or Lender's security interest. Horrower may
<br /> � curc ruch Y default and reinstate.ac provided in paragraph 18, by causing the actton or proce.«ling to be dismissed wlth a rulin�
<br /> thW, in I..cnder's �ood faith determination, precludes forfeiture of the Borrower's interest in the Property or other mstte�f�t
<br /> ,,, impriroxnt of ii�c licn creuiexi by iiiia Sr.curity Instrun�eni or Ix��Jer's xc:urity interesi. Borrower shail aiso i�e in default if
<br /> "t >:���3:'r &�rcowcr,during the loan application process,gavc materially false or inaccurate inforn�ation or statements to Lender(or failod
<br /> `����11wr �� ''� to pr�wide Lender with uny material information)in connection with the loen evidenced by the Note. lncluding,but not limitod
<br /> •'w,'.�•: ::-,..
<br /> - .�y���y_: ; to.reprcr�ntrtionti concerning Borrower's occupancy of che Property u.s u principal residence.If this Securhy Instrument is on a
<br /> ;��(,���F'�;,..�.;,, Icu�hulJ. Ik►rrower .r•huU comply with �11 the provisions of the lease. If Borrower acquires fee title to the Property, the
<br /> ��y��_rt, Ic�ehald u�xl�hc fcc titic tihuil not merge unless Lendcr agrees to the merger in writing.
<br /> 7.1'r�Katlun uf Ixnder's Rights 1n the Property.If Bonower fails ta perform the covenants and a�reements contained in —
<br /> - �"� ^ '��% thi�tircuril In�trunxnt, �x thcre is a le al roceedin thut ma si nificantl affcct I.ender's ri hts in the Pro ert (such as a
<br /> , ,,;�;:,, Y 8 P € Y• S Y s F Y
<br /> '= �;.�"�e�� pr�kculiny�in brnkruptry,probate, for condemnation ar forfeiture or to enforce laws or regulations),then Lender may do and
<br /> .�,_ �;... • .
<br /> �' • ; {w►y lin•wl►r�tcvcr ir n.xc..+ury tu prutect d�e vatue of the Property und L.ender's rights in[he Property. I,ender's actions may •
<br /> inrluQe puylny� any sum� secured by a lien which has priority over this Security Instrument, appearing in court, paying
<br /> � rwM�iwMe uu�mkyh Yoer and entcrin�nn the Property to muke repairs. Although Lender may tnj;e action under this paragraph
<br /> :•',o•� 7. l.c�xkr J�k.�x�t huvc to do so.
<br /> � Ai►y unH�unt� disbur.sed by Lender under this paragraph 7 shall becotm additional debt of Borrower secured by this —
<br /> ti�YUrity In,trwixnt. Unlcs� Borrower and Lcndcr agrc�to othcr tcrms of paymcnt, these amou�its shull bear interest fron�the -
<br /> dutr ul'Jitihur�nknt at the Note rate and shall be payable, with interest, upnn notice from L.ender to Borrower requcsting °
<br /> payi�x nt.
<br /> ; • S.1lfurtK�{{e Intiur�nee.If Lender reyuired mortgage insurance as a condition of making the loan securui by this Security =
<br /> �� %•� Imtrunknt, liurrnwcr .lioll pry the premiums required to maintain the mortgnge insurance in cffect. (f, for any reason,the _`-
<br />� ° ^ mort�tuuc insuru�ur covcruge rcyuircd by Lcnder lapses or ceases ta be in effect, Borrower sha11 pay the premiums required to =
<br /> T '�'�� uhtuln coveruyc wh�tuntiully cyuivulent to thc mortgagc insuruncc previously in effc�t, at a cost substantially equivalcnt to the —
<br /> •` � • ' c��tit t�►fl��rr�►wer�►(ihr ��N�rtgugc in.ruranre previausly in rffect, from un ultcrnate mortgage insurer approved by Lender. If
<br />. euh�luntiully ryuivulent nwrtgugc inxuruncc covcragc is nnt availablc, Borrowcr tihall puy to [.cndcr c:�ch month u sum cqual to �.
<br />- � u�x•twellili ul thi�yrarly ox►rtguge imurance premium heing puid by F3orrawcr when thr inxurance coveragc laptied or ceased to -
<br />� "� : � tn in cllcct.IAi�ler will wrrpt,u.c unJ retain thesc puyments as u loss rescrve in lieu of' mortgagc insurancc. Loss rescrve �
<br /> ,y _.:
<br /> � Form 3028 �180
<br />. � ` ., vapo 3 of 6 a.
<br /> > �_:
<br />-- � w
<br /> f •
<br />. , � � �
<br />._ � .. _�'Y��%�tLNtUiY.._ .. . . . . �- , _, ' . _ . �. . .� , =a�'��l�fF'�f��A.^�1�1�".�.. . . _ .....
<br /> ..� .
<br /> --- . •. ,, . ��
<br /> _ .___ .--___..___. . . . ... .. '_,.s•r_''_" .
<br /> ..� —.. . —.___._._ ... .. . . � - . ._ ...._., . -' � _
<br /> , �` '
<br /> i u_
<br /> -• . . � . . :�.:��r'sdw�: .
<br /> E
<br /> _ �
<br /> ,, .
<br /> . .
<br /> . �
<br />
|