|
� _ .. ' ' -
<br />-� ,i . -
<br /> _� . .a� 4,•...- _�- •
<br /> '� �,„_j --..--- -- - - - - -- � _ -- -----
<br /> _ ���
<br /> � '' �v�►�� --
<br /> _ periods thnt Lender c+equirc9. Z'bo insurunce cunier nrovidii�g thc tnsuranca ehal{bo chosen by Bornfwcr subject to L�nderfi
<br /> - "�'°"�Y""�`'�°�' -- upprnval wh[rh shall n�t�e un�asa�ubly wJihttcld. !f�ionawer�f.qfis to maintufn sovcmAo dcscrihed above�L.ender inny.a2
<br /> -- l endcrh option.a�t�tai�covemgc to prr�tcct L cndcr b d�hts i��thc pruperty in uccordancc with para,greph 7.
<br /> — - All insunnce paluiea�r�d rcnewuls ahuU be uccsptablC w L,ender und shnU include n atondard mortgage clauso. L.ender
<br /> ah�li h�ve the rlght to liold the pQilcies and renowalx. IP Lc�xkr rcquincs,Bamower shall pmmptly give to Lender att rcceipt�
<br /> of paid premiums and rcnowal noUces. [rt tha event of lo.ga,Bamwer ehal!give prompt notice ta the insurance carrier and
<br /> Lend�r. [.ender may make pr+ooF of losy tf nat m�promptly by Bomowcr.
<br /> �__:-_---- Uniesg[.endcr and Romowcr Mhctwiw o�rae in writin�,insnmece procced9 sh�p be a�pited ro rr:toration or repnie of , _
<br /> theP�operty dunaged, if thc�cstur+�tic�i or repair is ecanomically feusible and I.endrrb security is not lessened. If tlie
<br />_ cestoratioo or rcpuir is not economically feusible or LenBec'�securlty would be lessened,the lnsumnce procecd.g�haQ b�
<br /> ', appited to the sums securrd by lhis Security Instcument.whether or nat tt►cn due.with any excess pafd to Borrower. lf
<br />- 8arower abandons dk Property.ar docs not anawer wlthin�0 days u notice from LendeT thnt the insurance carrier hss
<br /> -"� offer�ed to setde a clnim.lhen Lcnder enuy coficct the insamnce procee�s. Lender may use the pmceeds to npaIr or restore
<br /> ��,.; tlx Property or to pay sums recucM by this Secudry lnstrument.whether or not tir.n due. 'Ihe 30-day periad wlil begin when
<br />-r tha notics is given. . ----
<br /> " Unless I.ender and pormwer otttetwlse ngne in writing,any upplicgUun of prac�e�s to pdncipal shuU rtot extend nr
<br />-J postp�M the duc date of the monthly Qayments referted to in pamgmphg 1 und 2 or rhanIIe the amount of the payments. If
<br /> under paragraph 21 the PropeRy is acqui�ed by Lendep.Barrowet�right ta any insurance potictes and proceeds resuit�nQ
<br /> from dumage to tfie Property prior ro the ucyulsidan shal!pass to Lender to the eatent oF the sums secut�d by this Security
<br /> Instrument immedj�tely prior to the arqulsItton.
<br /> 6. Occup�ncr. Pnaerv�don, Mdaten�tace und Pratection ot the Property: Borrawer's La�n Appltcatton;
<br /> Le�sthold.v. Boaower sdap acupy,estnblish.and use the Property as 8orrower�principal residence within sixty duys after
<br /> tho eaecution of this Security insuument und shnil continue to accupy the Property r�x Bomnwer�s principal residenc�far at '
<br /> leust one year cttiter the dnte af oc�upancy. urtless Lender otherwise agrees in.wrydng. which consent shnf! not be
<br /> unreasonably withheld,or unitss exte�uutins ciccumstances exist which are beyortd Smmwer's canuol. Borrnwer shull not
<br /> destroy.damage or impair!he Y'toperty,�Ilow the Pmperry to deteriornte,or commit wn.ste on the Property. Bomnwer�shai! —
<br /> _ be in default If uny forfeiture actIon or ptoceeding,whether clvil or criminal.is be�un that in Lender�good faith judgmertt
<br /> could result in forfeiture of the Propeety or otherwlse muteriully impair the lien c�uted by this Securiry Inswment or
<br /> Lender's securiry intecr.st. Bosrower may cure such a default tu►d reinstute,as pmvidrd in y�grnph 18.by causing the action
<br /> . or pm¢eeding to 6e dismisseci with n rul�ng tha�In Lertder's gaod faith detertnination.�scludes forfeiture of the Borrower`s
<br /> intetest in the Pmperty or other materfal impairment of the tien created by this Securi[y Instrument or ixnder�s security
<br /> ° interes� Borrower shaq nlso be in defnult if Bomower, durins the laan appliration process. gave materially false or
<br /> . inaccutute infonnatIore or:statements to Lender(ot failed to provide Lender with any material informution)in connection with
<br /> yt*,:r°� the toan ovIdertced by the Note, including.bat not limited to, repncentadons conrernin� Borrower's occupsuicy of the '�7dt}"
<br /> ___ _ '���i�r Property as a princlpal•cesidencr. If this Serurity Insuument is on a ieasehatd.Borrou�er sNati comply with uU the pruvisions �' ::::
<br /> of the lease. !f Bornower acqu[t�es fee dde to the Property.the teasehold and the foe title sh�ll not merge unless Lender ugrees P�,,.
<br /> � �`� . to the merger in writing. L��
<br /> . �:-. ; 7. Prottetlon ot Lertder•s Rfghts ice the Property. If Born�w�er fails to perfurtn the covennnts and agreements p�:
<br /> �yJ, �:�Y �•;�f�.'.`. contaLied in this Secwiry lnspument.or therr is a le�al proceeding that may significantly af�'ect L.ender� ri�hts in the u::
<br /> T�. �•`� ?;'`�.
<br /> _. t z + Property(sach us a proceeding in bankruptcy.probate,for condemnation or forfeiture or to enfocre laws or regulatlons),then i`;�:
<br /> �`�"' '� ?``,�� Lc�ader mai do suid a fer whatever is neces. ``
<br /> �� M Y P Y sary to protec[the vniue of the Piuperty:md Leader's righu in the Property. 5ti;•.
<br /> .,., .✓�1•:;.� "�" Leader�s actIons may include paying any sums secured by a lien which h�.s priority oves this Security Insaumen�appearing 4;�'
<br /> � :��C}���;�+etti��,�qr� i�coun,paying masonuble attomeys'fees and entering on the�roperty to make repairs.Although Lender muy talce uction * �:.�
<br /> - r� :`M'ikt�:_"�;�': under this paragrsph 7,Lender does rtot have to do so. �
<br /> ;',r.... . �• .
<br />-- �av. My simounts disbiused by Lender urtder this psuagmph 7 tihaq become additlonal debt of Borrower secun�by this
<br /> � .+`�s`;�'�'�'�'� Secwity Insuument. Unless Borrower end Lender agree to other tenns of payment,these amounGs shall bear inte�est from t�te '
<br /> '% � 't�'��`��:'���� • date of dlsbu�sement nt the Note rnte and shatl be payable,with interest,upon notice from Lender to Borrower requcsting
<br /> M..1'��.1.
<br /> .-li ��••-•.
<br /> ' �a 41,� payment.
<br /> - �A?.„ . S. Mortgage Insuren�e. If Lender rcquired monga�e insurance us a wnditian of makins the loan secured by this
<br /> ' °� Security Instrurttent, Bonower shull pay the premiums required to maintain the mortgage insurance in effect. If,for any �
<br /> "�•_ ,s''1^*.,'r;;•. ,, reason. the mort e Inwrnnce covera e uired b Lender la ses or ceases to be in effect. Borrower shall u the
<br /> ��.�. �°� S req Y P P Y
<br /> " _;�,�,��&s'�•=:��;; �remiums required to obtain coverage substontially equivalent to the mortgage insurance previousty in effect, at n cost
<br /> =�k;t��:e�;;._,;:�,;;���4��� subsaanHally equivalent to thv cost to Bomower of the mortgage imurance previously in effec�from un attemate mortgage
<br /> `:.��Y�;����. ^;c,,• insnrier approved by Lereder. If subswntially equivalent mortgage insurwice cove�.��e is not available,Borrower shul!pay to •
<br /> '`�• Lender each month a sum equa!to orte-tweltih of thc yeurly mortgage insurance premium being paid by Borrower when the
<br /> ;'+tti�; ",_;:�k',�ri insurance covecuge lapsed or ceased to be in effect. l.ender will acrept,use and retain these p:tyments as n toss reserve in lieu
<br /> -'�:, ' ,�,y;::.�=. of mortga�e insurance. Loss reserve payments may no tonger be required,at the option of Lender.if mortgu�e insurance
<br /> '��f � :�:<<;.�• � cuverage(in the amount nnd for the period that Lender requires)provided by un insurer appmved by Lender n�s+in become� .
<br /> , '�i:z�'' avuilstble and is obtained.Borrower shall pay the premiums required to maintain mortgage insurance in effec�ar to pnavide a
<br /> •�• � . � loss reserve.until the requimment for mortgage fnsurance ends in accordance with any written agneement between 0c+irower
<br /> '1! r1r�';•.
<br /> ,,��� ;;,�+�,;� ,'� and Lender or appllcable law. `i�'';
<br /> ;'�� "r;�;:�•`�"x; t•;i� :� 9. Ins�on. Lender or its agent mny make�easonabte entries ugon and inspoctions of the Property. I.ender shafl �
<br /> ��'��? ;'' , � ive Bomower nottce at the drne of or rior to ara ins
<br /> �';°.'�::�_"��` S p pection specifying reasaonable cause for the inspection.
<br /> • :.,w~', I0. CondemnaHon. The mceeds of an award or claim for dama�es,direct or cons uentiul,in connectian witi►an
<br /> .r. P Y b �9 Y
<br /> - . ,,:��•:.:�?''� '��.�<�� .
<br /> ..:. �. ; Singie Famity--Ehnnla MudFl+eddte 1►1mc U!VIFORM INS'1'RUMENT-•Unifam Covenant� 9I90 �page 3�jb rwxea►
<br /> ;a�; . . . iy -:.'V
<br /> r,
<br /> "y"�.t_ .� ',,1�:S ToOnbCOO:Int��Panee.loa�f•119f �
<br /> _ � �,..... _t:
<br /> r.-•�!o- ;' '�^`�
<br /> ,�,�� '.i.?:J:. ,
<br />� : : .. i�'r+'Q"�'-'�'1`�;F� , 7t}i���.^I��i 1's—T.���..ti . .�r'r-.-�-.-..._.-..-,---;-
<br /> • . ;�,' . . 1,}- F4.. �.• � � � . .S.;:v..v;'vr._ .Y ,."'1.. p . �r .. .. - �._.,J., .
<br /> �i���r�� c•� �,r - ' - . ' . �,�f5i.i:lt_n '+:. ' . •: ,+,,i f?('%�� ' "�!;l Y ii:,<Y.. �. . . �
<br /> ' • '�ttP. �'l:n'
<br />',:; ,_�. . - . � ' . ' . y!:±:p;`>( � . :�,- - . .
<br /> , _. �
<br /> .
<br /> ,.. ..
<br /> ,. .. .
<br /> ...
<br /> '-�.,��• �.. :,,; , ;::. . �; ,, �`�,��;` �;': '.i
<br /> . � .� .
<br /> .
<br /> . �:�. .. .. �
<br /> ,.. ,
<br /> " ` - - -
<br /> ._; c -- - ,— --— - .---- —�- � r °:;� ,s� — ,r u r �- - - —- - --
<br /> �' � •. .. , ,��� � , -�:. . �`s`��.— �
<br /> 1 '�� � �� , i. . , _ ��. . :f � . ,�: ,
<br /> .�1.• .`;f� - ' •4l,`J. . . ..4,4 � � � .• . ' ���'.i' � � ., ' .��•'���t: .
<br /> . �1 ^� y �. . .i .. . - . .. � .. . . . 't���,.. .
<br /> . �ll�;`,.a;�r'' ���r . ' . . ... " " „ . , . ' , .. ' � • ' ' .
<br /> M`.s �o t� L �.-� . ., . . �'::i: ..� � - � -•'1�' '. � .��ti���'�;ti„
<br /> .
<br /> .
<br /> � .- . .. .n -.. „ ''-- . �
<br /> v_fT, . . . :., • ' _ '. '1}`.,'.�4'
<br /> �.,
<br />� ,�J.-1.��t��i�.(.:'L_ .. . - . .� . � � .�..(. , _- ,. �1��!•,+• • . _, ' ,7 , �
<br /> � . .,� _r:_...r, .. . ' - ' . . � - t :h.•�,�5 4, ; • , . '1
<br /> m. . „
<br />- , �i . .��. ay ' . � .. , , ' .. - .T�r'� ^� 1/L • . . . "���,
<br /> °.'i.:.? i 1d.�� . . . . -' � .� •� ..� . � ... � . .r �;��,rT ,,.��r•:�i�jill�/�,,.:- . . _ ., �. .> . ..
<br /> �} �( t("�
<br /> �V4�t' y�'' i � . . v •• .• ` ' - . �, Ml1"i ���', .., . ' .. ..
<br /> 1 Ti� � � i` . .. . .. � . ..�ti�`•4 `' ,�4., ' . . � -.
<br /> � . ." . :1� ' ". „ d' � . .i��� .. 't� � �
<br /> . . .. .. .. ,. . . ..
<br /> n
<br /> ' ' „ , '
<br /> . - �� - - ' . ^ ..
<br /> � .-..:i.. �..".v,��— - . _.._
<br /> ...�_ _. _.._..-- -- ---
<br /> 1... _ _'_ _ . -4.__ _... __"'."_ __ . .. .. . _ .. ..
<br />
|