|
- - � ; . ���. _ _
<br /> - • -�_ _
<br /> •- � � :�-;��. •, r•-- •y. �� - - -
<br /> � . : ._,.
<br /> ,.;.,
<br /> .3d .b df� �.t'�r I' ' ��P.Va97� v t � - �:1 9 ' `i;:°.,�` } e�_ y t:V'r. --r:�`iq,`.. rRl•i:.,.�'.�:j7.7f°. �L v-'7� - - ....
<br /> „
<br /> t-- ���, i Rti� �r»:�m �• ..t cr ( . . ' /r '�i -:i� _
<br /> ,wt�: ��'t�w, ,r� ..� � {�1���t ';� ''{ri�,,;f2S., �x�_<+i�s�, �, t �,a,. ,., (:.�,yfi,.� y �' {�x r.��?:r.., .:,q�''.` a � � �Sk` o..�.�
<br /> � it.'���. - .ti5:i-4�1�� � T �' }{',�. ..i.��'v{� ' ��, �/� � 7'�}x•�{�v� .i 1�w ��c -
<br /> Ib. �. .ti Y-1/t..ll\r��" h � . � ��� .�u
<br /> � �V7 .� 1� '� f J:'- l. �
<br /> . .��+ .� ``,t.Mwp+,�s�}ti r,}�(� t 1i��} '+(�„�, '�i,• o•si .r.iil r��{�'`. - ^qv,+'�, . .� . �rA
<br /> . . ... .,.y.._.._� . �1M�Ir1Y1Mr1�l,c' �,!{jIJl:tr� .� ....._, _ .._.-�__�-.r � _ _—__ ...
<br /> - .-.-.vno.:r•a�.. i6...... ...�.- _'/i�;��_ . . _
<br /> ... u.-.. .. �y +.�:.,. . __ ..
<br /> - M�Nf�MM,i�r/Ui�rFiM► I _
<br />. - • _ �J ��a�t1d�:.i,•._..�• _ ...... . - � I .9; __ �'�
<br /> �! . ` . ��Iw6F�� _ . �. � ) ,_. --_- _. _
<br /> .. '--sr...z -
<br /> . r __ _ '
<br /> ' .. " � ___ -- ��.._.........
<br /> 1 � -�.,.��1.•.�....,...... . .. . _ .._ _ _ -
<br /> .. „
<br /> . ...��..-u�'.su.r�.�.�
<br /> --- . _ _
<br /> ,y.. ..,
<br /> . .. _ _...:..,,�:-- p -
<br /> ........._...._..r.i.._...,..,..>.._...�.�...�,.._._�.r.__...__.___.--_.._�_._..... o..K-�..—..._:^r_._ . __.__...-�..-...�__ . _ __. �
<br /> � ��11/ - -
<br /> ' . '�:....i • �A ___
<br /> '��`z��`.��� �• .' S.Hszttd or Propetty Insur�ace.Hormaer shatl teeap the tmprovomeate now e�tln�or henaiter ereated on
<br /> ,,<
<br /> :�.>��•R:,��.• .� - the i'ropetty tnsared agdnst loea by tite,hszerds inolud�A wlthln the term"extonded covera�a and any ather hazerda� —
<br /> :,,,,..,�._•.�M�,.� inoluding eloods or tiaodin�,tor whtch Iander raquirea;n�vrezcoe.This Iasuranw eha11 be maintadned in th9 amount� --
<br /> � and for tha per�ads that I.o�tder reqoires.The ita�uranca cerrler provldia the ineurance ehall be chosen by Horrocver = --
<br /> ' � �; subjeat w L.etidar's approval whloh ehall not be unressonably wlthheld.IP�rrowor taile to maintatn cavetega descrfbeid �;��---
<br /> � �� � � above,I.ender mey.at Lender'e aption,obtein coveraga to protaot Lendmr'8 righta tn the Prop�sty ite accardanc�wich �`�:.___--- - -
<br /> �angeaDh�. �:�._:�,r.. --
<br /> ��
<br /> ' NI fnsuranco poltcies and rertewals shall be�cceptable to L�tdes and ahall inelude a standerd mortgsge oinusa. ��:;�o:;__
<br /> . � � � Lcn�cr ahall Mve the rtgl�t w ho13 the palIdes und�normla lf Ipnderreq�tirev. Horro�ver shol! promp4ly�ive to .,:.;;�_�x"=°''_���=__
<br /> I.ander all e�cei ts ofp�d iume attd nenawal notices.In the evant ot loss�Botrower sAall gdve prompt nodce to the ����`��'-`�='���
<br /> P �m •s,�;:�::._--- --
<br /> Insuranco carrlsr nnd L e ndor.Lender rnay make proof oi loss it not mado pmmptly by Borrower. .,, �•. 'T:;�Y�-�-
<br /> ` "' � Unless Lender and Borroaer otherwlsa agree ln adting,insurence proceeds sha11 be appited to restoration or repair �•Y '�"` _-�
<br /> � oi the Prop$rty damaged�If the restoration ar repnir is ecanomically teaslble and Lender's seaurity ia nut lei�e,�ed.If tha >=� �„rt -
<br /> � reswretion or rep�ir ie not economlcally feasible ot Lendet's seourity would be lessened,tha insurance procceds shall be E;..�, � �� ,;;%'�,,;;;�
<br /> " a lied to the aume securad b thia Szcurit Inatrument,ahether or not then due,wlth an e$cesa d to Borroaer.It ��•�
<br /> PP Y Y Y Pai , .,, . :. ^;�':s:;����
<br /> Borrower abandona th.o Property.or does not ans�ver atthin 30 days e nouco from Lender that the Insurance carrier hae a., ��;;:�X��,.
<br /> offered to settto a claim.then Lender may colle�t the Insurenca proceEde.Lender may use the ptaceads ta repair or �'. .�.,: :.'�'
<br /> 'c..•:.s,,.;.,,�.;�.
<br /> eesta�the IPro�or to pay suma secured by t�ti.s Seaurity Instroment,wl�ather or aot then due.The 30-dey perIod Nill ��,'$:�. ' ._
<br /> • � t+a�in wkarn the�otice ia given. , ",....`�:-:Y".:..:.
<br /> ' �Jnless I.eatder aud lBorrower mBA�rwis�a�in writing,any applicaeion of to principal shall not exter►d or , .. -;�,c,�'�:�,G_
<br /> • pas tpoae tfin�Aua daea oit tha montMy fpayneQnss Qe4erred to in paragrephs II aced oe c�ean�e Ehe amount of the paymente. ' ..;•;�;�;4,�,.�
<br /> � ., If unQer P�B�Pn 21 tRe Propertq is acq�wi� byr Ler�der� Borroaer's rri�i'�t �o any �asurance poiicies and praoeeds , ����^-�__..:�
<br /> a :,.,� ,�.��•
<br /> � sesulting trom damsge 8o the Property pna+�to E�Ce acquisition ahatt pass Eo I.e�.der to ihe exset►t oi E�ee sums secccced by - �:-.;°�...,�"`�y`
<br /> r,Eeis SecuriEy Instrument immediate9y�pnor 40 44►.e aoqulsltion, ��' ,"
<br /> � 6.O�upancy.Preservatioa.Maint�nmm«e aad Proteetion of the Fsoperty;Borrower's➢,oea Appliea4no�t; � ., .��
<br /> " L�as�k�alcR�.Borrower ahalt occu y,esteblish,snd t�se the Property es Borrower's principal residertce within eixty days � .• �
<br /> � , ` " _�„��`�•:,-
<br /> atter the execution of thia Secunty Instnsment arid shall continue to accupy the Property as Borrowers principal �, ., . ,��.��,
<br /> residence for at least one year after the date of occugancy.unless Lender o8�eeswise agrees in writin�.which consent ahall �„ r
<br /> • . not be unreasonsbly withheld,or unless extenuating csrcumetaacea exist afi�ick�are bayond Borrower's control.Bonower °
<br /> � shail not destroy,damage or impair the Property,allow the Property to deteriorate,or commiE waste on the Propetiy. ° �-�: '
<br /> ' ' ,,; Aorrower shall be in default if sny forieitureaction or procceding,whether civil or criminal,is begun that in Lender's ° ; _-- _
<br /> • good faith judgment could tesult in forteiture of tha Propetty or otherwise materially impair the lian created by this . ' -
<br /> Security Insttument or Lender's security interest. Borrower may cure such a default and reinstate,as provided in °,, ° � ti:
<br /> paragraph l8, by causing the action or proceeding to be dismiased with a ruling that, in Lc�sder's good taith a
<br /> �' - �e t e r r li n a ti o n.p c e c 2 u d�s f a r f c i t u r c o f t h e B o r r o w e r s i n t a s�t i n t h e P r o p s t s y a r o i h e r m s t e r i s l i n:p a i r m e n i o f t h e l e e n
<br /> created by this Security Instrument or Lender s security interest.Borroaer ahall also be in default iY Borrower, during
<br /> ��••�' the loan application process, gave materially false or inaccurate information ar statements to Lender(or isiled to �
<br /> .'���` provide 1.ender with any material information) in connection with the loan evidenced by the Note,including,but not `#
<br /> � . limited to, representations concerning Bonower's occupancy of the Property as a principal tesidence.If thie Security ;
<br /> � Instrument ison a leasehold,Borrower ahall comply with all the provisions of the lease.If Borrower acqiiires fee title to �
<br /> • �' the Property,the leasehold and the fct title shall not merge unless Lertder agrees to the merger in writing. f; , ;
<br /> .. ..`., �
<br /> 7.Protectioa of Lender s Rights ia the Propcsrty.If Borrower fails to perPorm the covenants aad agreements
<br /> •' � contained in thisSecurity Instrument,orthere is a legal proceeding that may significantly afiect Lender's rights in the .��
<br /> , Property (such as a proceeding in bankruptcy, probate, for condamnation or forPeiture or to enforce laws or � � '` ;, '•
<br /> regulations),then L.ender may do and pay for whatever is necessary to protect the value of the Property and Lender s ;;.. �
<br /> rights in the Property. I.ender's actions may include paying any sums secured by a lien which has priority over this �t�':r�•t,. �_•�•�]�
<br /> , .�. :.,.. •�-:��an �-
<br /> ` .. Security Instrument,appearing in court,paying reasonable attorneys fees and entering on the Property to make repairs. ;,: ;,�.,.,,rr•,�.�.,_
<br /> ���'�'�:
<br /> �• �'. , Althougr 1Lender may take action under this paragraph 7,Lender dces not have to do so. ;�, '� '.:';;;;,;,>';:�-�
<br /> �,; . . f:: . ..;��.:,.t,. . . .
<br /> ;;. . Ar,}aznounts disbursed by L.ender under this paragraph 7 shall become additional debt of Bonower secured by this . •..,}�,,�n
<br /> '�� s Security Instrument.t'nless Bonower and I.ender agree to other terms of payment,these amounts shall bear interest 4?'�. . . "
<br /> i from the dateof disbursement at the Note rate and shatl be payable,with interest,upon notice from Lender to Bonower ' .
<br /> .� requestinBPaYment. �'�'��, '
<br /> ', "� 8.Mortgage Insurance. If Lender required mortgage insurance as a condition of making the loan secured by this ! ;:s'S+;
<br /> Security Instrument,Borrower shal l psy the premiums required to maintain the mortgage insurance in effect.If,for any � � � ,
<br /> � '�• reason,the mortgage insurance coverage required by I.ender lapses or ceases to be in effect, Borrower shall pay the ��.`����-�
<br /> premiums required to obtain coverage substantially equivalent to the mortgage insurance previousl}�in effect,at a cost � •s�;,'�'"
<br /> ,.•„ substantiatly equivaient to ihe cosi io norrower oi �ne mortgage insurance previousiy in effecx, it0»t an aiiornaiC �
<br /> '' � mortgage insurer approved by Lender. If substantiall}• equivalent mortgage insurance coverage is not available, '
<br /> • .. Borroti4•er shall pay to Lender each month a sum equal to one-tnelfth of the yes►rly rnortgage insurance premium being . ".
<br /> '� ' paid b}�Borrower when the insurance co�•erage lapsed or ceasccl to be in effect.Lender will accept,use and retain these
<br /> '' ' payments as a loss reserve in lieu of mortgage insurance. I.oss reserve payments map no longer be required,
<br /> I -BR(P(EJ�0105�Ot Form 302a 9/90 .
<br /> � ��9�3 0•B �Oltial3._ .
<br /> t
<br /> ' _ ._.__ _ �. _____._. _ _ �J.
<br />
|