|
� .�._._ _...�,.,,, ......_...._...... .�.
<br /> �: �,,.s. E.- �.� °r c. ... ,.<;..�- + i� ;.-;i;•. 3 ,..�,:.._ ;;r.--;st^.- ;y rt.n...�.
<br /> .�{f i�tE.i`y/,r,.,-•.�,y� L. -.l�-qry�l„t.t.i'.� 41.J��:�: -tc.� !. �-!n �P: :t. ��y��'� ey'.S�yr';� C3��+11 i!h,'.:.F,R ,c��t��. �F. � ,!{Y` Lt�2. r�' ��iCti-_-
<br /> j4- 1�\ ;1 � vl' -� {,..�, h� .� � 1 i�.rC.S i���C Y..���u¢. � St�: n,} },i Pn �.
<br /> �� �. ti , .5•,i' ' r {�� tr.tb If,.:,_ .�;a TC;.�: .,r"�,;:r.
<br /> F, �� t �� ;� ;ii 4pi �`��:"�,�7}„ .�,���.1.�L:• �ii.4� M' .3..!'%J'. l x`�3.'�,�{:�i' I 5 4 h'��un-�
<br /> � t���.,;,...,..:' � lkv. :i4�;i�� �` �ti {j' x..:; 5.tZt'k �j��. ''il r:c:S• �J' ��I����jr- -
<br /> - �:
<br /> . �-
<br /> � . (u _
<br /> � . ... � " � .lf ..
<br /> . . , . .. 4 1 �i (
<br /> ._ 'niwjr�V�Yr...y�(i4�: S�J. I lLJ��' � `�F1 � t �I 1 .Y`.. •II Y�j.il;l�i��r'L�:� t'�1,;�� l�iLi�f"L
<br /> I w :
<br /> ..�
<br /> ;l
<br /> �t
<br /> . ' C...�:��1:.;3 I�k^jy \�., � � I .a�.�� SIT:R'`��ry'-r'�r--__--' . - ' "- —
<br /> . 7� ' � ,.. '_ ."_"
<br /> , . � ..
<br /> •-^--^.Er�s�r.J- � — _'. .-•'i:. �' ...�-- .
<br /> - +nm.m:�-.�' ...- - -- . .., , , ,� -'r. -..� ' `
<br /> ,—'� --•...- ' �IRMM,_5.���_�- �--- . . '_ ,�.� .,...
<br /> `�;. ... ' � � �I✓^—���
<br /> . 'C - � ' l�l���'��_`..' ceC.-
<br /> i�' � -
<br /> .� .. . .. .. .
<br /> _ i y��r "..... . ..
<br /> . � .. i . .. �pF.�'i�� nL�_�.. 4. �'' � � -
<br /> -•._" _
<br /> ' . . « �...;t+��#�+7M��N�G'YA..:,..' ' ,........,� -.
<br /> .
<br /> . � _ .. .__ .. - .
<br /> .,..�..ut�1 . .. _. �r.._....-i4 '.�..-'....' _—. .
<br /> -------�=--- per�u�thr�t I.cndcr cr,quincs. The insurance carricr pmvIding the insumttce ehnll be chosen by Bo���ver���Lenderb . _ __
<br /> — - - approvai which shali aot ba uatreusonably wtthhetd. If BonPOwer feils ta maintnin covera�e dascdded above�Lender may,at L_T
<br /> Lender's option.obtain coveroge to pmiect l.end�r�dghts in tiro Prop esty In nccordaace with parngraph�.
<br /> Aii insurance ga1[cies and mn2wats shatt l�ac�ptable ta L.end�'and sh�!!inclade a standard mo� - -
<br /> _..._,_,_.-__-,- -- gageclause. Le�e�ler °
<br /> - �-"'""'"`"°=`-� ' shall have the right to hold tt►e pollcies and renewn[s. If Lender m�guit+es.Botrowrer shall pmmptly give to I.ender all receipas �`
<br /> of pAid premiums and renewal notices. Ia the event of loss.Bo:ro�ver shall glve pmmpt rtotice to the Insurance cartler ans9 �
<br /> L�=�«���r?�� Lender. Lender may make proof of loss if nat made promptly by Bama�ver. ------_
<br /> --
<br /> -"� --� ' Unless Lender end Borrower otherwise agree in wdting,insumnce proceeds shaU be appfied to restoration or repair og � - -
<br /> -_ ����'"` the Property da�naged. if the i+estorattan or repair ia economicaUy feasible end Lertder� secudty is not lessened. If the
<br /> -��y,:
<br /> �°•+it-•',��_�� restoratirn or rspair is aot esonomicully feasfble or Lender�security would be lessened,the insurance proceeds shall be ---
<br /> .___ --- —---
<br /> _��------ � applicd to the sums secvred by this Securlry Inslrument,whettter ar net then due,wlth any excess patd to Bormwer. If
<br /> ..:__"±C"e�I � ._. ..
<br /> -YtS" ;;r�Y" Borrower abandons the Pi+nperty.or does not answer within 30 days a notice from Lender tt►at the insurance carrIer bas �,,,s�-.-
<br /> ':`w��:,•,'� '�"r: � offered to settle a claim.then I.ender may coilect the insurance ptoceeds. Lender may use the proceeds ta repair or�store ��;:�s��_
<br /> ' � ' i...r:fM. . i - --
<br /> -;.� -� . • .. , the Property or to pay sums secured by this Secudry Insmicnent,whether or nai then due. '!be 3aday perioci wlll begin when �,�,.;;��.;,,;,-,,,,,��
<br /> _7�:�- ..,�f�=`f�� . the nottce es given. __'.�r.r�m-----_
<br /> .��:'�:. ��Y•:':;'? ; Unless L.er�der aa,d Boaower otherwise agrea in writing,any applicadon af proceeds to principal shall nat extend or �' �"'���
<br /> " " �" . :,� I posCpon�e rhe due daxe of the monthly payments refemed to in paragraphs 1 and 2 or change the amount of the payments. If .i�__
<br /> ;,�3.; .. - umt�t pasatgrd}tIt 2D clSe Property is acqaimd by Lender.Borrower�s right to any insurance poUcies and proceeds resulting t . . •��.
<br /> ' fror�d.am,aege to ehe Ptvperty prior to the acquisttion shall pass to I.ender to the extent of the sums secured by this Securiry .'.• ,.•::�— .-��
<br /> ,� � InstQUment imatt¢�iaLeIy ptlor to the acquisidon. ,',,.�, .,_,���aF�'�:._
<br /> �_,���_
<br /> � 6. �ocapancy, PreservatEoa, Matntenaace aad ProtecttoA o! the Property; Borrower's LoAn Applic�►tiaa; ;•:,.A�<<-:--_
<br /> � � • �s�wrSssls. Borrower sha11 occ+r.�y.establish,aad use the Property as Borrower�s principal residence within sixty days after " '"'r`:-_�__ _
<br /> � the execution of this Securlty 1,nst�:ment and shall conttnue to oocupy the Property as Bortower�s principal residencs for at � �'; ,��-.- -- -
<br /> ,,;;��;;,�;:� least one year after the date o£ occupancy. unless Lender otherwise agrees ln writing. which consent shall not bs r, ,. `"��
<br /> R ,..,. ,�,:_.---�`_
<br /> .;�:�.,��'._.:;�.� anr�easonably withheld,or unless extenuating circumstances exist which are beyond Borrowerk control. �ormwer shall not ;' �, 4�����,�_�-
<br /> � d e stroy.d a mage or impair the Pr.v�rty,a l low t he P roperty to deteriorate.or commit waste on t he P r operty. Borrower shali a�:�;,.
<br /> �' be in default if any forfeitu�e acrawn or pmceeding.whether civil or cdminal,is begun that in L.enderls good faith judgment • ,..
<br /> .;;r.i� ..
<br /> � •,;;?.y�;;;�.�; ", could nesult in forfeitune of eh� tlroperty or otherwise materially impair the lien created by this Security Inswment or ^, . "'
<br /> . ��-
<br /> � ' � " Lender's security intec+est. Bo����er may cu�e such a default and reinstate.as provided in paragraph 18.by causfng the action . � �-����'
<br /> _ " : or proceeding to be dismisse�with a ruling that.in Lender's good feith detennination,prectudes forfeitur�e of the Borrower§ ' •�. ,..�lfi.�.
<br /> interest in tt►e Propeazy or other material impairment of the lien created by this Security Instrument or I.ender's security �� ' , -
<br /> " ° . ' interest. Borrower shail aiso be in defauit if Borrower. during the loan appllcation process, gave materially false or . , �- -
<br /> . inaccurate information or scatements to Lender(or faited W providc Lender with any matedal informauon)in connection with �;,4�� �
<br /> the loan evidenced by the 1ote, including, but not limited to, �epnsentations conceming aorrowers occupancy of the �r"�:. ��
<br /> ' � Fru .iu a rinci ai residence. I�this Sccurii In�trumeni i�un u iCasclwtd,Suuuwti aliuti wni 1 �tth a!!th., ravisions " °�-_ -
<br /> •
<br /> , �.,, P�.' P P , Y PY�' }� , ._
<br /> of the��ase. If Bo�r�wer scquires fee title to the Property.the leasehold and the fee title shall not merge unless Lender agrees
<br /> ° .��;�;;` ;. ; to the merger in w•ai2in�.
<br /> ' �'- " � 7. Protec3��on of Lender's Rights in the Property. If Borrower faits to perform the covenants and agreemenu , •• ��
<br /> � t.r,��;F ,u�,
<br /> ,. contained in this Secnriry Insuvment, or there is a legal proceeding that may significantly nffect Lender's rights in the . •,;4..?,, ,
<br /> ;,;:.., ; .
<br /> ,..;,;�;�. �� Property(such as a proceeding in bankruptcy,probate,forcondemnation or forfeiture or to enforce laws or regulations),then �;�,.�,•ri •_
<br /> '.•}'�}�•t • Lender may do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. . ���`� .�?;�Pr,
<br /> . •• , I Lender's actions ma}•mclude paying any sums secured by a lien which has priority over this Security Instrument,appearing �� � '• � ,!�-
<br /> . in court,paying ae.�:��nable attomeys'fees and entering on the Property to make repairs. Although Lender may take action "���'�'k�
<br /> . ' under this paragca�F',Lender dces not have to do so. `i�'� �y
<br /> �;..',; � Any amoan¢s d;sbursed by Lender under this paragraph 7 shull become additional debt of Borrower secured by this � ., ,�
<br /> �;,..., ,
<br /> •;,:.?� _ 5ecarie•. �rt�strum�en3. Unless Borro.ver and Lender agree to other terms of payment,these amounts shall bear inrerest from the •�.:t.; .:;,,��_
<br /> ,.j:,;;.'ti date or disbursement at the Note rate and shait be payable,with interest, upon notice from Lender to Borrower requesting , • • ��
<br /> payment. . � �����,
<br /> � 8. Mortgage �nsuranee. If Lender required mongage insurance as st condition of mnking the loun secured by this ,.�� '.
<br /> ' " Security Instrumena.Borrower shall pay the premiums required to maintain the mortgage insurance in effect. If,for any , .. " ' .
<br /> �;�,'; �• reason, the mortgage insurance coverage required by Lender lapses or ceuses to be in effect. Borrower shatl pay the ,,�..; �
<br /> P 9 g Y 9 � B S P Y . L:�;�:,,
<br /> remiums re uined to obtain covera e substantiall e mvalent to the mon a e insurance reviousl in effect, at a cost ,;.:;;.:,•:•..
<br /> � ".!,i;ti`'.���"� substantiall uivalens to the cost to Borrower of the mort a e insurance reviousl in effect,from an altemate mort a e ' �''
<br /> %�.' •�-ti•����,' Y� 8 g P Y g B :�;:.���„ ,
<br /> ,,�...- , insumr approved by�Lender. 1f substantially equivalent mortgage insurance coverage is not available,Borrower shall pay to
<br /> '��" " Lender each monih a�um eyuaf to one-twelfth of the yearly mortgage insurance premium being paid by Borrower when the .
<br /> insurance coverage lapsed or ceased to be in effect. Lender will accept,use and retain these payments as a lo�s reserve in lieu f ,..
<br /> of mortgage insurazece. Lose resen•e payments may no longer be required,at the option of Lender, if mortgage insurance ;, �:�•%%��'��,� �
<br /> � � covera�t(in the amount and f�r:he period that Lender reqa�icesi provided by:ut insurer appruveS by Lender again becomes ` �' ''• �
<br /> .'%t: ava�lable and is obtained.Borrower shall pay the premiums Qe�zc:cred to maintain mortgage msurance in effect,or to provide a � ' '}���'
<br /> " loss reserve,unai[ahe requirrment for monga���^,ursnce enets in accordance with any written agreetttznt between Borrower l .�.�.
<br /> • and Lender or ap�licablz law. t '
<br /> „ ,,,y,��;' 9. Inspectiaro. Lender or its agent muy make reasonable entries upon und inspections of the Pcvperty. Lender shall i . � �'
<br /> , ��:f�� �� give Borrower notice at the tirr.e�''ar prior to an inspection sgecifying reasonahle raus�t��r;1e in�pection. j ' '
<br /> j. .: ;:�r'; ��� 10. Cundemnat[on. The p�:•ceeds of any award or claim for damages,dir�ct e:;u::.:quential,in connection with any I .�'' '
<br /> <,':,;.,''`
<br /> ' Sing:r i-amily-•Fannie M1fae/Freddle�tac I�tiIF'QR�11�c'p'4tu 5��:��'-l m;.�mi Cu�en;mt. 9I90 qhr��?�f A�gesi ` ' ;. ,
<br /> Grcat letea BueUrg Fartu.Inc■ • .
<br /> ' �, io OrAet fall 1�800'�'10-9393� P�V(61dt9f-113t . .
<br /> ;5:s. ,y , 1';:_..
<br /> � . i.� �<�'��-_
<br /> ��.. .�
<br /> . >.: .
<br /> P•�f�- .. . .. � .- .- - ' ' . _'- - -- -- — .. ... . . . ,S�-,
<br /> ,., . _._�_�.._.. ...._ . .
<br /> ��..�__�.T..� .•;�:;iTr" ^' _. ','•_•�r�. _ . _ . _. ' __ '___.___.•_ . —'S'f�]�.�i.` ��� . .11
<br /> 1 t . : `1t Y��v t.� . • 1•�:�� �
<br /> . . ,. • . .i ,, • • .
<br /> " '�i � .. ._.._ ' `: � .. . ,i. _ .
<br /> i
<br /> :e ' •
<br /> � . . ;
<br /> )
<br /> �, .� ^ � ' . . i
<br /> � .
<br /> ` , `
<br /> .
<br /> .
<br /> . �
<br />
|