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<br />� ---=-- -— ,`�,`�iarsi m EYupe�tp �'��ce.,Etnrrawec s�t fceep tha improveatcsits,no�e�ig cs�r��r er�ted an�the' .� ---------
<br /> �` _— �. � `Pm�insa�ed ugainsE toss bg fit�.,h��tastudeii"�vithi�tht cem+°exfeitde¢coe�re�e°an4'e�y o�er.�aruds,.iucta�au,g ,
<br /> ----- � . Roei[�or#t9ading.fqc wtiicit Lez��reqnit�s fnsuranse.'1'�i"s'�risumnc�e s�afl ae msint3ined ia the amotaats aad�or t�he perindg .
<br /> --- - _— thas I.endar requirea: T�a insuranp�c�sier p�ovfdingthe insma`�'shail 6e tQosear by BorroR+er s¢bJect€o LEndeT's aqprovs�ll - �'
<br /> �'ryfucl�sGali nu3,be un�as4nat►ly witlihcld. tf Bose�tiver'Eails �o malnuiisi oovetf`sge descn'6e�zliove, Len�rmay�.at I.ecsdet's � .
<br />_ . optibn;abt$ta a►verdgv`��m'Dect f:ender's rlghts in tRe�t�iperty In u�rdatsta with para�rayD 7. ` �� ., �
<br /> -- --_-- — ' '. Ail�risuraao�.Policies st�d'rgne�vals sttall b�acoeptahie to Lendet Md r,ba�inslud�a s�tandaid�rtgage ciau.e.�L�nder --
<br />"- -----— sha1S�have the eight to hold;the pa�icie�and cene�wa2s.IP�,end�r requires:Borrower shali pnonipuy�give to L+ende�all'r�pis of �. -- ------ _
<br />�—_._ aid�iemeums uad.renewat noti�es.dn the everQ of loss.Eoreower shall give prompt notice ta the insumnce carrizr an�Lender.� . ' _- - ---
<br /> -_ __ . ��ay make p�roafnf ta�s if aot t�de pmi�tly,by Earr�wer. . . , . . .---.
<br /> ,. ' U�tess Lender and Borro�trer atherniise agre�in wciting. insurane�proceeds shall be applied w restaraYion or repair af the - = =-
<br />- . Froperty damaged,lf the r�torat�on pr repair is eoonomically feasible and l.trider's security is nat tessened.If the restorution or �::����=�-_-�
<br />- repair is aoi eeonamicaliy feasil�te crr i.end�r's s�►riry svoutd 6e lessene4 the insurance pruceeds shall be appfied to tke`suras _=---=_=--
<br />- se�vred�by this,Secuery LutNnntnt,�arh�har or not then due,arith any eucess paid to BoFroarer. if Boraower abandons the - -_==-- _--
<br />- Prope�ty.or does noi ans�ver aatbin 30 duys a c�vtice from Lender that the insurance camer t�as offered to settte a ctaim,then: �=_�--�_�_-_-.---__
<br /> � Leader may coltect the insura�oe groc�eeds. i eader may use the prosxeds to repair or mswne the Praperty or w pay sums _-- ---i
<br /> epa
<br /> sl seca�d by t6is Security instrument.whethes or aot then due.1U�3l�day periad wiU be�in when the n�otioe is given. �-"=��- �
<br /> Untess Leader am� Borrower othetwise agree in wrida�r,�any aQplicabion of proceeds to princig�l shal! not extea�or �;;���__-=�---
<br />_ - _- posusone the due date of the montlily paya�referied m in parag�aphs 1 and 2 or chaa.�e the.amount of tPce paytnents.lf ���`,,_=.r�-=---�"-�'-'��"
<br /> ---= under ParagraPh 21 tite P'toperty is acquired by I.endQr.$orrower's right to any insurance policdes and prooceds resWting from =- _ -
<br /> �---a,�,�� damage to the Progesty prior to the aoquisitiou sIi3I1 pass ta Lertder to tiie eztent af the sums secured by this Securiry Inswment '��'"`=
<br /> __.�_--__,_ _ immedia2ely prior to tfie ac�quisition. , ` �"`
<br /> ��� 6.Q�upp�ucy,Preservatlon,Nlainten�u�and Pnote�etion oi the Iko�ecty;Eurrowei's Loap AppIIcaKon;I.easedaidg. �; ----
<br /> . '���„,,.� Bomower svall occagy,establish,and,use the Property as Eorrower's priacipal residence aitbin sixry days�fter the eaec�tion of ���_�- ---- ---
<br /> Y �� this_Security.Instrume�.and_shalLcc�iunne.to.eccupy the.Pioperty.as Borra.w�'s�.princiPal re5idente for�t least:bne_year.after . r�
<br /> - ,''€��'�� . -. the date of orcupancy,uatcss Lender otherwise agrees in writing,which consent shail not be�ueason�bly withheld,or unless = a
<br /> = i��=� extenuating cinvmstances t�ist witich ace 6eyond Borrower's control. Barro�ver shalt not destray, damage or impair tlie �-� - vf
<br /> _ iC a
<br /> ��r - Fcop , , allow the Property fo dete�iorate.or commit waste on the Prope�ty�Borrower�shall be in defaul�if any�farfei2ure , :���
<br />�.��'�'����.�,,��',� . .-_. �f. y...� .� -
<br /> • 3CtlOII#IF'j}lOOBCdIIIg.arhether civil�or criminal,is begun tt�at ia Leader's gaod faith judgment oauld tes�lt in forfeiwre of the •�-,�����1�•:
<br />�' �,:�".� ' S.>` Pro qE°atherwise materiall i�n air the lien cicaie�b this Secu�i Instrament or i.ender's seeuri int�est. Borrower ma :�':;`'
<br /> ,;• �,,. .y Y. P Y �Y �Y Y :�5�::?�.-
<br />'�������'�%'-' . cure�a default unst oeinstate,as pmvidec��in�gaiagraph 18,by causing the action or proceeding to 6e d�missed with�a ruling .-�'��-'>'''.�
<br /> j�� �K:`. . .� x A !_�.
<br /> ;�;yr_;�-,;� � �.° that. i�:�ider's gaeid�faith d�emunation. precludes forfeiture of the Borrower's �terest in the Pra��ar other material =��,
<br />- :Y�.x;., ., �' impain�s�of tAe lien created�bry..�I?is Securiry Instrument or L,cnder's security interest. Bp.ctoarec s�;�.lt',�t,+w'be im.d��fault if `"�
<br />- �i�' `��r� Botiv�ra�'during the loan apptic�ti:�t;.procESS.gave material{y false or inaccurate inforrnatinJS or3tafe�si°�'.�i��.e�►ert�ir.�ailed t,�.
<br />" .f.. .� • t .`: �.. .tr��h
<br /> +� �, =. •, . to rovide Lender with an matc�s-ai-ftrformation)in connection with the loan evidenoed h �i�ote, i ' €��"s�r-t1Y�ited � f . ���'
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<br /> j�rt� . P y 3►• {��[II�r, �. . ' .�, r Si�i�
<br /> F ;,,. �., • : �. to,representations conc�ming Borrower's accupancy of the Property as a princigal residenoe.If this SecariF.�•lisa�.:°�,on a �: _�f,
<br /> f�,'.,;-�"1°� : .leasehold, Bormwee'slc�3�comply with all the pmvisions of the lease. If Hursower acquires fee ti���t�,r l�i� . �� • , y ='";
<br /> �rr�s:p�, the ;., . . r�
<br /> �',x,:+."� ' �' ' , leasetwid and tha fee title shali not merge unless Lender ag�ees to the merger ii�wriang. •� � . ;. f ,��
<br /> -.- , . :.��.�
<br /> �;•.�': "t Tti�utertton of I.ender s Itights in the Properiy.if Borrower fails to perform the cavenants and agreemenis cdntaired�� ,
<br /> '., , • • , this S�u.nty Inswmen4 or tl�ere is a tegal proceeding that may significantly affect Lender s rights in the Pca�erry(snch as a --- ' �`���
<br /> .'.•*;,�•,;•.- ' ' proceed�ing in bankruptcy,pmbate. for condemnation or forfeiture or to enforce laws or regWations),then Lender may do and :'�__�'
<br /> -, � .' ' ,.� ��`. pay for whatever is nocessary to protect the value of the Property and Lender's rights in the Property, Le�tder's actions may �"
<br /> ' � �;s.��, . �� . �
<br /> i , incl�,paying any sums secwr+ed by a lien which has prfority over this Securiry Instrument. appearing in oourt, paying '���"
<br /> reustii%fite attomeys' fees and entcring on the Property to make repairs.Although Lendcr may take acGon under this paragraph � . •�,�' :
<br /> ' ���s�:�-":.': .:'o- . 7.Lender does not Aave to do so. . �'�:: .,
<br /> )�te.fi-.:_ca. . . :. .. .•::.,� ; :; .: . ` :i "'y�-�..2�:.�;.
<br /> °.;''"t�.r�;...:;-.�_�..,--:• ' My amounts disbursed by Lendes under this paragraph 7 shall become additional debt of Borrawer secured by this � � ,.f-.ti_,..:;
<br /> �� � •• � � �Security Instrument. tlnless Borrower and Lender agree to other tertns of psyment. these amounts shall 6ear interest from the t��• ���.;° •�r .:
<br /> - "�� ` �i,, ` , � :date of disbursem�+sr��al the Nate rate and shal! be payable, with interest;��?���notice from Lender to Borrower requesting "''
<br /> �'' ��'�ti, ,�� , paymenz.. � � . . � ,. � � _
<br /> . •• •��4;:,'.:.:'?.:�.,
<br /> ' - �:�.F�(.fi1�i�i}�e Insarance.If Lender required mortgage insurance as a condition of making the loan secured by this securiry ' �-, -, �..
<br /> ` � •�. Itt{tiui�xlir,?3arrower shall pay the premiums required to maintain the moRgage insurance in effert.If, for any reason, the ' � .. .`' �''��
<br /> ` �'�` � � � ` �'', mortgage insurance�aoverage requireA by Lender.'f�pses or eeases to be in ef.i�r:t. Borrower shall pay the pmmiums required to , • . •
<br /> ,`'' �'�'�" ' � obtain covetage subst�ttially equivalent to the riwrtgage insurance previousty''sn effect,at a cost substantiaUy equivalent to the . . '
<br />- ��� ��;"{''•' ,-� cost to Borrower of the mort e insurance reviousl m effect, from an altemate mort �e insnrer a roved b Ja;,Jnder. if ' �
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<br /> _'• t.;.�;.�9�a�4'. ' subssanGally equivalent mortga�e us�sance coverage is not available.Boaower shali.p�}?w,�.ender each month a su►tt,r�qual to � ' • .
<br /> .4
<br />_f� ;; t�'� '���s'" one-twelfth of the yearly mort�a}�e i ns5rance premium being paid by$orrower u-hea tire,;:c::cu�.Rce caverage lapsed or ceased to ' . �
<br />-y� , 6e in effect.Lendet will aooept. use and retain these payments as a toss r�,��.�;an:.fi�r v�.rrtartgage insurance. Loss reserve
<br />=4 �. �,:�i..''r��i.�l{�`,�iY.` ' � , , ' . Form3028 9/ep •' . . ''.'
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