|
., . .,. .
<br /> , . _ .. .
<br /> ��� ..
<br /> , � ��� .
<br /> • ,, V �� (p�W M�•� � "_ _
<br /> .
<br /> w.� a�r
<br /> . ,. • ' ---.�
<br /> ..r, �+n -
<br /> ��� ^ .,. ��, � _ _._____ —..� �----------
<br /> . . � ._: ; z ..,. :_ •. '___
<br /> .. . . �� P`�.� - -:�•.,u.vs��--�� ��
<br /> _
<br /> „ _ _ �.� �.� - _ .. __
<br /> 94� ioss=5
<br /> �""'""''�"" ' cdodn thnt Lcad�r ce uirer. The insurartco curr3er rovidin the insurunce shall be chosen by 8omower sub ect to Lender!s
<br /> p 4 p 8 j �;_.
<br /> _ I � approvnl which shall not be unreason�bly withheld. If Aorrower fuils tu maintnin covemge dessribed aiwve.Lendet may,yt �v_
<br /> I.ender�i option.obia6►covemge to protect Lenderb rightx in the Property in accordance with paragraph 7.
<br /> - ---� ' AQ insurancc policics and renewnls shall 6e ucccptable to L.ender sind shnll include u sturtdnnl mortguge cluuse. Lcnder
<br /> _�'°`� ehull hsve thc rfght w h�ld the polictes c�nd renewuls. tf'I.ender reyuic�.w,8orrower shall pmmptly give to Lender all recelpta --
<br /> - of paid pnmiums and rrnewul natEces. In tho evemt uf las+,Berrawer shnll give prompt notice to the insurar+ce cwTier atd
<br /> — r� L,ender. Lcnder may m�lcc pnnof of loss if not made promptly by Harrower. _�
<br />- -�----�-� U�tless Lender end Eorrower atherwlse Agree in writing. insur.utcc proceeds shall Da applIed to restotatton ar repalr of �-=-
<br /> - — the Fmpeit�r damssged, if the nestoradon or repair is economically fe:�sible und Lender!� recurlty is not leasened if the
<br /> i. restoratfon or r�epair!s not economicaUy feASible or I.ender's sectuity would be IesSened.thcs insurance proceedg shall be _
<br /> , ± appUed to the sumg secured by this Secudry Insqument. whetder or not then due.with any excess paid to Borrower. If
<br /> Q�
<br /> •� . Bomower nbandons the Pmperty.ar does nat answer within 30 days a notice from I.ender thnt the insumnce c�urier has "'
<br /> offered to senle u claim.�hen Lertder may coltect the insurance proceed�. Lender may usB the proceeds to repatr ar restore
<br /> ' the Property or to pay sums secured by this Secur�ty Insuumen�whether or not then due. The 3Qilay period wlll begln when �_
<br />'�.� the nodce is siven. �
<br /> �?�:
<br />:�r"� Unless Lender and Borrowzr othervise agme in wriiing. wiy application of pmceeds to principal sh$il nut extertJ ur �-
<br />"��I'; P�� Y P Y P 6 P � P Y �'
<br /> s ne the due date of the monthl a menta neferned to in ara ra hs l and 2 or chan e the umount af the a ments. If �;v..
<br />'j . undet pamgmph 21 ihe Prvpert�is acquired by I.ender.Borcower�s right to any insumnce policies and proceeds resultin� .. :
<br /> from damage to the Property pnor to the ncquisttlon shull pass to Lender to the extent of the sums secured by this Security
<br /> �� � ��' ' instiument imrnediately prior to the acquislti�n.
<br /> � 6. Occupattcy, Preservation, Maintenance and Protection of the P�operty; Borrowet's Loan ApplicatIon; �".
<br /> Lease6olds. Botrower shall occupy.establ[sh,and use the Property ns Borcower's principul resldence within suty days ofter
<br /> the execution af this Security Insaument and shall cont�nue to occupy the Property as Borrower's princtpal residence for at
<br /> least one yeur efter the dnte of occupancy, unless I.ender othenvise agrees in writing, which cons�nt shall not be
<br /> ' ��- . unrepsonubly withheld. or unless extenusang circumstances exist which ac+e beyond Barrower's contrul. Bocrower sh�ll not
<br /> `''' � d�.wtray.dumage or Impair the Pmperty.allow the Propetty ta deteriomte,or commit waste on the�toperty. Bomnwer shall
<br /> be in default if any forfeiture ncdon or proceedin�,whether civll ur criminal,is begun that in Lender�good fatth judgment .
<br /> f�-�y could oesult !n forfeiture of the Property or otherwise materially impair the lien cieated by ehis Secunty Insqument or
<br /> . Lenderfi�ecurlty interesG Borrower may cure such a default and reinstate,as provided in paragraph 18,by causing the uct[on �
<br /> �'��= ar procxeding to be dismissed with a ruting that,in Lender�s good faith determinuaon,precludes forfeiture of the Bormwer's
<br /> �,�,.. e
<br /> ' �'•"' interest in the Property or other mnterial impaiiment of the lien creuted by this Securiry Instrument or Lender's,ecurity �
<br /> . � '' �;`��'�� interest. Bonower shall also be in default if Borrower.durin the loun lication racess, ave materiall fulse or ' �
<br /> . .�.z.��_. g nPP P g Y
<br /> ;ti,� �•+;t�.': ����:;��� tnaccursue informatlon or statements to Lender(ar failed to provide l.ender with any materIal information)in connection with �
<br /> M��:'��> the lo3n evidenced by the Note. includin�. but not I�n�ited to, representat�ons conceming �omower's occu ancy of the }�,
<br /> - °. = Ps�gerty�a priacipa!residence. If shis Securisy I�uument is�s s le�:ehQlsl.Bom���r sha!!r�mply with a!I�E Ft4Yl�l4RS
<br /> �,,�z1�Zy,,r�c��, ,{ of the lease. If Borrower acyuires fee titte to the Property,the leusehold and the fee tttle shull not merge unless Lender a�nees
<br /> �� .1 �,,,, to the merger ln wridng.
<br /> �"� �"° " 7. ProtecUon of Lender's Rights ln tde Property. If Borrower fuils to perform the covenants and aereements �'
<br /> -.��.�;::�t:_i��•�-:.i�:k,.• ..:
<br /> 7.•-�:•.•�,�� contained tn this Securi Instnimen� or there is a le al roceedin that mn si iGcantl affect Lender's ri hts in the
<br /> s,=r'�'.''•��.Y.;`��r: Pro s �Y S' P �' Y Sn Y € ,�`•:'"
<br /> ... �; ;��. .•.�•.. perty( uch as a pioceedin$in bankruptcy.ptobate.for condemnation or forfeiture or to enforce luws or regulntions),then
<br /> �� �•••f �•- -� �"�'-� Lender ma do and a for whatever is necess to rotect the value of the E�o and Lendcrk ri hGS in the Pro �t�
<br /> .r.,.'�•..f r^,,:5•�" Y P Y �Y P penY 6 PenS''
<br /> ' S•.����:••:�f +.:>> Lender's actions muy lnclude paying any sums secured by a lien which has priority over this Security Insaument,appearing
<br />-}� ' '��''���'{`�j`�: � in court,paytn�t�sonable attomeys'fees nnd enterin�on the Property to make repairs.Atthough Lender may ta[ce acdon
<br />- -"��'"''`�"''"`�' �" under th[s parsgceph 7,Lender does not have to do so.
<br />- "'�'�'"""�' My amaunts disbursed by Lender under this par�►graph 7 shalt become additional debt of Borrower secured by this
<br />-.. w; .14,:,ae�u,:iN
<br /> r�._;::=�:-�...e Security Instrumens.Unless Borrower and Lender agree to aher terms of payment,thesc amounts shall bear interest from the
<br /> �j =� �,'�''A;�-4�1�, date of dlsbursement at the Note rate and shalt be paynble,with interesG upon notice from Lender to Horrower requestin�
<br /> . �,•'-� paymen�
<br /> .. � _. ...
<br /> "�" 8. Mortga�e Insurance. If Lender reqoired mott�age insurance as a condition of making the loan secured by this
<br /> ' ' •' •� Securiry Insaument,Boirow�r shall pay the pmemiums myuired to maintain the mortgu�e insurance in effect. If, for uny
<br /> i��'��~ " ICIISOA� the mortgage insurance coverage required by Lender lapses ar ceases to be in effect, Borrower shall pay the
<br /> .�`.'^1'% 1Y�s. .
<br /> ' `�c,:;,,���.,� premiums required to obutin coverage snbstandally eyuivalent to the mortgu�e insurance previously in effect,at a cost .
<br /> �J?c�+:�.:h{!1;: substantially eqnivalent to the cost to Borrower of the mongage insurance previously in effec�trom un ultemate mortgage •
<br /> .,�., .
<br /> '-,,,,�_;;�+;w:�::�w�`';�' insurer approved by Lendet. If substanttally equivalent mortgage insurance coverage is not available,Borrower shall pay to
<br /> �-'.+ _ ;.•:: Lender euch momh a sum equul to one-twelfth of the yearly mongage insurnnce premium be'sng paid by Bomower when the
<br />--� insutance rnverage lepsed or ceased to be in effect. Lender wili accept,use:uid retnin these payments as a loss reserve in lieu
<br /> .��. "�" of mortguge insurance. Loss mserve puyment�mny no longer be required,at the option of Lender,if mortgage insurnnce
<br /> • '��' '�`� covemge(in the amount and for the period that Lender requires)provided by un insurer npproved by Lender again becomes
<br /> ' .'.' available und is obtained.Boaower shall pay the premiums required to muintain mongage insuuuue in effecG or to provide a
<br /> ,�,-0:;,;� �: loss reserve,until the nequirement for mortga�e insurance ends in accordance with uny written agrcement between Borrower
<br /> ' �.,..:.;:�,••... ' und Lender or uppl icable lnw.
<br /> `' 9. Inspection. Lender or its ngent may make reasonnble entries upon and inspections of the Property. Lender tihall
<br /> � ' ti;;:.: . •.:>+=�
<br /> ' ' glve Borrower rtotice at the time of or pdor to an inspection specifying reasonable cause for the inspectiun.
<br /> � �:" '�' ' � ' 10. Condem�aUon. 'IUe proceeds of smy uward or claim for damages,direct or consequential,in connection with any
<br /> � '•'.'. .
<br /> '�.'T.,.:: .
<br />- .,�:i.����': : �� Singlc Funily-khnnlp Mne/FY�.�ddle Ma[7NIF(DRM INS'I'RUMLNT••Unitocm Covenann 9/90 !/xtge 3 njA prtgtsJ
<br /> _ . .1i 41p1�atta Bushiaa Fam��DC.■
<br /> o-:
<br /> �:�..'�.. �.�w.;r tbpdeCott:t800S3�B3D00YM81B781d13t
<br /> - ��,�{�ri''�'1rj1�
<br /> .:��„�;:
<br /> • r '
<br /> _. ,
<br /> .. . .
<br /> . —r..�-�.--�� ,.-.,�.. �,..._--- . .... . . . - �».-_--r— � .._..___.._-.. ----
<br /> ._�,_��
<br /> .� :• .. . . - ' .....r'r..4:'� I]Y _. .. � � . .
<br /> _ '�. �.... _ . ' _� . .. . � , . - . . .• �.:_. � ' . •
<br /> I! .. . ' . , •�-
<br /> `�.��•. . - . . . ' .. ' .. . . . . ' . - . ' � .
<br /> . . _� - .. _ .-__-__-_.-"___--__ ______.__ __.-._--. _ ___._ . _.__.-. .._ __ . ___."_ _ -_-r- . -_.___' -.� - 1'_._-_ ._--- .. _.-__ ] __. .__._"__ _:._..
<br /> � . ' � . .. '� . .. . . . . 1� '
<br /> ._ 1 . •i . .. .1 � .r .. ' .� .. . ... ` . .. , . .
<br /> .� J.. . . - .i . .. . �. . .� -� � � . ' . .. .� ' .
<br /> . : t .. . �. . �• . _ �1
<br /> �I . , . � ` ' . , , .. . . . .� : .. • .. , .
<br /> ' . . � .. _ ` . . . . .. .. u . .� � , " .�
<br /> ll .. .. ♦ • . . � � .. �. J.. - . . .. `� ..
<br />,f . . .+�+ . � �� ,.! .�. " .. . . ' �� .�,Y' �;, ' . ..
<br /> . h 1 .. . .. �� " ' ' �' ;�+' .�T �l SKf7 . . ,..
<br /> _ . r�7 9�5 . - � - . . .� . .. .� � . ^ � '� [�!?i' _6 . ., . .
<br /> • -�r•.• � �M,� .. . .. � . . . . „ . - � . . - .. . . " . . �
<br /> �
<br /> n - .. - . -. �:
<br /> . - � i� ' - �- � ' �
<br /> .
<br /> � .
<br /> 't .- ;. .. .�-� .: ., u - , . . " .. �
<br /> , t1 . . - . ' .. - i
<br /> .� ,. .�
<br /> `��
<br />
|