|
� .
<br /> - �- 37' --_- :,�j -g-- -.. � -xc- _`_,°- - - ---- - - c f . ` - . .
<br /> j"` 'Y. .Q� 3 �+" -47''0?3' � < - ,x. e+s-$
<br /> r y .,... �±�,'y � `�3' :. �•. i S� ,J } N,`3`�c r�c5 •£° r r `�"�"�7}'� � r`�1' , +
<br /> � _1.- lS�� � . t�4 3- �a�f ���. � ��.� r '��,`�t�k . t9J�1�� -''�FY�,r;. i( i i „`�r S t iY��{?�.ti ..
<br /> a '� 7.. �...:� ' i'��� l v� �Y•. t S,x. +�, :.,{��1 i :v�; i .P��. .7jt� Yy"`. f� S t'.�
<br /> t�J f ,)� ,�ua�'r Y .?Yye ) i'- '�i. � ��el�k �
<br /> '' -�°4t�`R `i.. . _ � , ' i �� .�s Q�� �e � . ,t7hSyyf` � � � s�cb.: -
<br /> ��a'i��,.--.� ai v:�u 5:.�.r Y,��, ' ff:t1 �..:�`. • ,(-!'.rl�` I ( 1
<br /> L.L.!�:t `S.-�1. �.fl�N' ..�..5.�!:TL^'�°. :'f7..L�if"-.c�[..,.r. - -.__.
<br /> '_____.
<br /> "_ ---' ���-_-�
<br /> '. .. .,:.:.-� ...�_—_
<br /> „'�^lf�� .__'. ._:_....
<br /> T'.-�T' ___ __ _.
<br /> �,'�!'�R . _ — —__ __._ .... �
<br /> i..�.�1a11d�'T'- . . —__.. . ..
<br /> _. — —_._��_�.-- 1 � :. _ -.._...
<br /> .- '�'MM��=j'9���Rt'= . ..Ipw' .. _ ..__
<br /> � y}� >'1 .� .. � _ "_.".
<br /> . � •RC•, ' 1 .. ...;^�s,+��.. . _.��y _.. ..
<br /> . . ay.,p. '__
<br /> ..�.�.....:... '' � �c,. ., ,._.:
<br /> ._.. .._....,.�._�>-
<br /> °�--...
<br /> —..�...�i.t�i . . —
<br /> � 94��.o�4e �
<br /> �, '. Nu�ard ar�rruperty �r�n�u�r�ae. Borrower Fhall keep the iip�r�vemente rtow cxtstin$ or hereaftcr erccted or� t�e
<br /> - Property lns�arod �gainst loss by flre.hazards inctudcd within the tcrm."extecxted aoverngo"und any othcr fis�.ardso including,
<br /> — flonde or flaading.for whic�Lcnder req�ilrcw Inscrunc�.Thia insur�ncc shall bc nu�l�etafncxf in thc anaunts and for thc per�ad5 �
<br /> _ �� thrtt Lender requ�res. The insurane�c�urier prrniding the insuranee shall 6e chus�n by 8urr�uwer�ubjert tp l.�ndbr's uppruvul -- _
<br /> _---° whic4�shall not be unreasonnbly withhel�i. IP Barrawer fnils to nwintain eoverago describcd abave, Lender inDy,at Lender's —
<br /> � uption,ahtain cavernge co protect Lender's rights i�the Pmperty in acwr+dance with parngraph 7. ,
<br /> -- - -"°"°�`=-, Atl insurartce policiev and reneaalt shnil he t�oreptnble to Lertder and sh�ll include a standnrd mort�e cluusc.l�ender �
<br /> -- shsili have the dght to hold tha policies nt�d rcnewuls.If Lender requie+es, Hnrrower ahall pramptly givo ta I.ertder a11 mcefpts of
<br /> -��___= patd premiums end renewal noti�s.In the event of loss. Brrnower shttil give prompt naticts to the inFUmnee currier artd Lende�.
<br /> - .___--- Lender may mnke pmof of toss if not made promptly by Borrower.
<br /> ______-�� Uniess i..ender and 8arn►wer Qthenvisc s�rce in wridns.instuancc pmreeds s�hal! bs npplied to r�stamtion or repair of fh� --
<br /> =- _ PropeRy dnmage�.if the restoration or repair is eronomicnily fc,�sible und I.ender's secudty is not lessene�.IP the�storattan or
<br /> _ -- �;��a repair is not economir.ally feusible or I.ender's�ocuriry would be lessened,the lpsutance praceeds shal!be applied W tbe sums ----
<br /> -=E�H;�, � socurod by this Security Instniment. whether or nat then due, with any excess paid to Barrower. If Bbrrower abundons the
<br /> ,�±i;k��.:.�;;��;:,.�;. Property,or does not unswer wlthin 30 days a notios from Gender that the insurance carrier has offered to settle n claim. then
<br /> � �`���i.���; I.ertder may collecl the insurance proceeds. Lender may use the proc�eds to mpair or restone the Property or to pay sums
<br /> • `J�"� '"''•'''�`j= secured by this S�utity Instrument.whether or not then dae.The 30-duy petiod will begin when the zr�tdoe is Qiven.
<br /> ' ''' "� Unless Ixnder and Bomower othenvise agt�a in writing. any appllcation of pra�eeds to�Srieecipal sL•►all aot externd or
<br /> `"�� '���"•�r���`� s ne the due date of the monthi �s
<br /> -_ � ,�;,,i, po tpo y payments r�efemad to in paragrephs 1 and 2 or change ths anR:QUrit o�f tFce pa4yc�a�ts.Hf
<br /> ; :-:���':-�=� •��. �" under parag�aph 21 the Pcoperty Is acquized by Lender. Borrower's rIght to any insura,nce poficies and R�aads cesu[eing from `
<br /> ��� :''�� f''���° : damage to the Properiy prior to the acquisition sha11 pass to I.ender w the extent of ehe sums secured b this Sqcuei 9nstniment
<br /> '����. � � �" tmmedistely prior to the acquisition. y �
<br /> ' . 6.Oacupancy,Pt+eservatton,Maintenanae and Pro4e�t6�n of t�n2�a+u�er¢q;�o�a o�ver's L��A�O�SdrmAlon;Leaseholds. —
<br /> • ". : � Bornower shall oocupy,establish,and use the Pmperty as Boffeower's primcipal residence within sixey days aft¢r tlte execution of
<br /> � this Securi Instrument and shall continue to occu the PaT ert as Borrower's ner�i al msidertce for at least ane ear after �4�`�
<br /> � IY PY � Y P� P Y �;;_-
<br /> .. • the date of occupancy. uniess I.ender othernise agrees uun��•r�;;,:L�,which consent s4�alE �rot be unmasonabiy withiheld, or unless
<br /> _ extenueting circumstances exist which are beyortd Borro�4es'; wntrol. Borrower shalt not destroy, rlamage or impair the ��-«_
<br /> Properry.allow the Property to deteriora3e. o�r commit �vact�an tlte Pr�perty. Borrower shall be in default if any forfeiture �%��:—
<br /> action or proceetti2�, whether civil or crnnninal,is begun that in Lender'S good faith judgment could result in forfeiture of the "�"��
<br /> „ ° Pro��rty or other.xise materially impair the lie�a cceatod by t6nns Seeudty]nsuument or I.ender's security interest. Borrower may (; r�:=
<br /> - - �e;.,.MO�..;�.,M, ....:«:: :.,...�• � �o O;lf.,,:--
<br /> r - - - :.'.'.'�°,°.C.. .. � .. w 2:°.:�.o ..'.S pmi.......ar�iu�id}au�a,.�,y i,diiSiiig t�lc u►ni�ue cn r,-u�xxiiug io bc di�c�u�e�t with a ruiing iCl�r'r.ii.-:
<br /> �.�:� ' tha¢, in Ilxn�er's good faich�e.;rcninatiom, p�ccludes ff4��teiaure of the l�r�wer's icn�erest in the Pro rt or other m$teria! ' '`
<br /> PQ Y �S�.i��:���
<br /> � � impai�ment o6 3tae 1:�createtl by this Securi¢a Instrument or L.ender'>sa.anrity interest. Bornower shaU also be in defanit if =,__
<br /> ., Ror�o�eer.�uccng e�e loan application process,gave materialty false or ina.curate information or statements to I.ender(or faita9 =—
<br /> • ' to}nmvide Lender«•ith any material information)in rnaiiection with the loan evidenced by the Note,including,but not limitod a.=-
<br /> to, eepresentations coneeming Borrower's occupancy of the Property as a principal residenee.If this Seeurity Iacnmenreent is on a `"�
<br /> . leasehold. Borrower shatl comply with all the provisians of the lease. If Borrower acquires fee title ta the Pc.�eRy. the - :_°_
<br /> • " leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. �r.�
<br /> . 7.Protection af Lender's Rights in the�'mRetty. If Banower fails to perforrn the covenants and agteements contained im �'~=-
<br /> this Securit Instrument,or there is a le al rocecdin that mu si nificantl affect Lender's ri hts in the Pro °''�'-
<br /> Y F P R Y • S Y S perty(such as a ��,:_-.
<br /> ` procceding in bankruptcy,pmbute, for condemnntie�n�ir forfeiture or to enforce lawt a�r segulations), then Lender may do and "= -
<br /> v._nme+�:�
<br /> �:,,��i.;fi. � pay for whatever is necessary to pmtect the value of the Property and Lender's righis :a ahe Property. I.ender's�c3ions may ,t=`
<br /> " '�`"�� include paying any sumti secured by a lien which ha� priority ove�this Serurity dns:srament, appearing in c�uct, paying �`���f�
<br /> ��-
<br /> reasonable attorneys fees and entering on the Pmperty to make repairs.Although I.ender may take action under tNis paragrap?� `-'�"��
<br /> � 7,L,ender does not have to do so. •�=�._ �•
<br /> � ' Any amounts disbursed by Lender under this paragraph 7 shatl become additional debt of fiormwer securea� by this
<br /> :�i��';�� Security Instrument. Unless Bormwer and Lender agrcc to c�ther temis of psyment,these amounts shall bear intere t from the �
<br /> : date of di.bunement at the Note rate and ,halt be payahlc. with intercst, upon nutice from Lender to Borrower t+equesting -
<br /> payment. ° '
<br /> 8.Mort�a�e Insurance.If Lendcr reyuireci mungsge insurance a+a �rnJition of making the loan secured by this Securit�•
<br /> Instrument. Iiorcow•er shsll na�• the nremium� rr��tiirccl to maintain the mnrteage incur.mre in effect. if. for a�y reasnn. thP --
<br /> `�'��'�-:. mort a e insuranre co�•era �re uircci h� I.e�xier la +c. or ceai+e.t<1 be in effcrt. Borr��tieer shaU pay the premiums required to ;�.. `�, .
<br /> ��.ti..,_. �F €' 4 ) P �<_
<br /> . 1.•; obtain ttn•erage�uhstantially equivalent tu thc martgage mtiurance pre�ioi�sly in effnt, at a ro�t substantially ec{uivalent to the '..�;.j'�,��`
<br /> _�r a�st to Borrourr of the mortgage inwrance �rzviuu>I� in ctP4r1, fmsr..a:�altcrnate muttg3ge m,ur:r appm�•ed by Lender. Cg
<br /> substantially eyui�alent murtgagc in>uranrr�o..era�e i.mn available. &�rro�ver�hall pa} ta Lender rach month a wm equal t�z
<br /> ; s,� „
<br /> •,•'�i one-tWclfth of thc ycarly mongagc insur:tnre prem9um 9+�in. p;�id h��Barco�cer whco th,e in.uranre cu�erage lap.ted or rexsed to
<br /> : Ue in effect. Lender�►�ill arrrpt, u�c and retain i1���pa�r.::n��a� a lo�� rr>en�c in liec ��f mortgage insurance. Loss reserve
<br /> ''r' Form 3028 9�90
<br /> ;;s�,:�
<br /> •,''tr °aar 3 0�6
<br /> �
<br /> . • � ,i '
<br /> "t r� - . - . ::tfir,... .. ,,'r`51:!.: . :i�p., . . .. ,
<br /> t
<br /> i
<br /> . •
<br />
|