. . . �3- ..� 5T; ; • ., .- .tti 2?r� C 4�.�...�-- i'�: ��1iN'3.{.�- ..dY.
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<br /> •• . -�'.�"�� ' x..o � a�rr�� F '��.+*��'.�.1,�uac` — �.—_ __.�_^...,_«_ -__. __.. _—_ ��—. .
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<br />�~1 _ �,�t� .i::ifMiSF��—_�.�v.�.�.m.s�....�. --- _ --— —_ — _— _ -___
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<br />-- - -.cT-..`t� r jt��' a fc�cF'�i! '` -"y+ �1k�i;�S'n:EZ�4«'y9 ��..t. — --
<br />�-i�-�:��.sr�-:�' � ..�te��tids sh�il b��eid in�Ir,s�:stscia,n_���sw d�'�o==_gs �3. � w ``��'� '' 1 ttt�F;�ndstp tS�. _---
<br />- _-_ ..,..F..:..,_r�..�� - -- - -=Cuucfud �t n��r_if I���L�.4.Sltt�k��#eiQi1+�J�oF�14�I1���tF�i0u3C I�It$�ri�•.i kY�GI��Y• ,� �� <
<br />�•6�'� :� Estraw Ytems.Le�ep'tuay�tk�t ct�rge`�t�er.ior �_ . . _�. --... -:, � ••° `� . . r_ _
<br />�� �, verifyio�tt�,�sc�viv Ite�s:.unle�s Lcr�er�grs S�+rr�wer�nr�rest an tFie F�un�#agisrsablt ta�v�e�mit�Y.��to m��.suc�
<br />`��.�;.�;:,.� s d�ugc.gfuaeeer,�der maye�ire Burnn�ver w psy a a�e-tiu�,chasge f�an iiui:�c�t rral esqate saac.reppr�In,S�wc�sricc:• � �
<br /> ;rs�;��s�. �.dsed 6sF Ixnd� �.ean�actE�n arA't!e this [oan, uat�ess.aPPiiCSule ta�r pro��des ath�eiwis�. �Tntrss dri:�t.ig i�ar
<br /> ----- ",�° .�!:�ble F��:��ii�'�«t€�+t tt�iee naid..Ceflder sI�l!�ise`r�q+iind t�a Q�St��=u��riszu,t��.�*-�s,.'�,a.-�,-�'�g"—ect�;� -
<br /> =;��•�= ' => B�raaw�r and Lcns�gr m writing;h�rveves;t�t iptar+�t s�lt bz p��d�on t!u Fu�s.�X'Iitl4t.&�I'g�Ya fa BQlfBRCT, . .
<br /> - __". LY? IDII'�1�.
<br /> .. � ���` ivithaut ct�atge,sm�attaua!aceou►�iin�of e3te�ur,ds.s�tow�cre�iis sv�deb�its ro t�.e�irixSs s�th�.[iur��foa�w'h�td3 eae�
<br /> �.,, ., s.: ..`� h , . .
<br /> ,• ,-: ' ° �,:�.: : ' debet to ttce F+inds�vas msds.'i��r,.x�ds ere pledped as��aona!�xurit�fac s111!su�s sccnred py th3s��ty�nz�r�tmena• �
<br /> '�.. � � �'�_ � Ii.��uur�ds[�ekt b�r�furer excc�d tI*,e�umcsun�s�rmEts�d t�v fr heic9 8y appl'ss�a3�ta�,L�ar�1!arc�c�.tfl Br,nrowex �f --
<br /> . y ;, fcY�ise-eacess Fuitds m�tuee�itic#� ' ssf a 1s�.#�ltia�.�.�-thP S�h?t��he1d�r Is�er:a2_t�- . ', _ _.. .
<br /> �; ..�.F , �%�' tcme is�ot saf�cie�to�Y�e��'�Icems w�d�ur��Li�aMe�nntify$nrrQtiver�in.wrttin�,,�xi,in en�tr.csz�e Bc���r . - --
<br /> : ., .`�,:<:..._�;_ ' ��'st�a!!Fa}�w Lender tit�amoum�sess�ry m urdTce up tlie deficie�acy+.8urro�rer sbali�ma���ap the.dcfic{ers3*in.r�nmcm.4 t�sa' . .
<br /> ^ ' t '.��
<br /> °�;.�.�- `-A-i�° cweJvam�nhlY Fay nis,az Lencter's_sole.discnetian. •
<br />���'i'�a.;-�;�9Y; "�; UPon Asym�nt iaaCuU,of a�l sums sea�red by thIs$ecnrity.Ia�ent, [.end�r shal�promptly�����n or a� �
<br /> : - ,�. - ,. Fu�s hel�by.Leadsa.�lf:�u�dra�a�s�phi 21,la.n8er ss�ll�or sell t6�.Pr�iperty i.e�'*�ior a�si
<br /> �a�.:<'€;:,;rt,�-;E.»a"r",;-�
<br /> �:�€.�:�;;;s;�"'�.� of c1�e Pr�►gerty.stiall agP1Y any F�mds hefd by Le�dee ai the rime�acxNisition o�r sale as a credit agatrtst ttte sum�securt�by
<br /> T.4'Z,�_�;:��,�:h=.'*:I. . � .. .
<br />-'�'ty,;s'!.�t,t-'_:.r�''�;t�, t�ILS$CG[►41��CIl�$„UQ1�S�1��E 13�It�OVI�P�gi13E1W15C.B�.,Qay�IIIS 'Ii.CC1tCd�.�.C�IIiId2i�Q31�i3��S . .
<br /> 3�"Six._:.:,., ..;�-. ,;, ;�� � s �72: .
<br /> - : ,,�:�:,;- r•:� 1 and 2.s'ha11 be.agplied�fuxt,co an3+Pregayment c�aTga due ucuder tde Nbte;secoa�,w a�uLt�payable under para�rap
<br /> —�' - �� ":, <; thitd.to irtt��est dae;fQuat2t,to princ'spal du°..:and lsast,ta anY iaie cl�arges due nadex�TJote. .
<br /> _ -`' .r,�,,:`,':�`"."z 4.��•��.��wer sl�ali pay all�axes,�t��c�, ���siaons atuibutabte tu t6e Prope.�ty
<br /> - :�` :f ' !�n or rents, anyti Borrower s�ali payr �
<br />�>'-, :�'`?;";�:�'. . wluch may attais.priority aver this S�xurity �Tns�umenk an�1 �d�y�us. 8r°nnd if , . ,
<br /> � xu
<br /> �� ` '�'•t,'�:':�y th�e ohligatiaa4 in the manree pYavided in paragraph 2,�r if aot paid in that maanes;Borrower shalL.paY t�etn oti time direcaly .
<br />�'.- �r:. �,`` �`, , t'
<br /> .:.,�,�:.,. � fumish to LendeF ell notFces of astauets to bs paid aader ttus p3ra�ph.
<br /> �;:.:i=�';,:�...,. to the on a�wed paynien�Boirower shall PmmFUY .
<br /> - .,°.:�;ti�;',�; ' i,°Bmrower inakes these paymems dimxly,Borravrer shall pmmptiY fnmish ta Lender ftceipts evi�cucing the paym�s..
<br />--- ,';�,'_ � Bnrrow�r s8all pmmgtlY discharge ax►Y lien which has priari3y over this�eCauitY�nstrument tinle�s BbrroRr�er:(a3'ag�ees ius
<br />_ -._�'.,' - .:_-- ... _.__._�og��pay�aF the abligation secured by the tIen_in,a manner_acce�a6le m Lender:(b)oonte�s in good faith the liea
<br /> --- �•,:��� .� ' °' or defeads enfdreem�nt of the lien in. legal praceedings whic'n in the Leader's opinion opetate ro prevent t3�
<br /> .....;<,,,s��.,.� bY, � . .
<br />_-- . ;';r;,,t;�'-�. '��, �• � �e�e�t of th�;or(c)secures frnm the holder of the lie�an ageemeut satisfacxory w Le�der subordiaaeing the 1i�n W
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<br /> ,�,���`�,g ' . tbd�S�c�trity Inst�tent.If Lender detemiittes that any part of the Pivperty is subject W a lien whieb caay attain priority over
<br />� ` ''�;::`�r.• ; � this S�curity Instmment,I:e�der cpaY g�'e Borrower a notice fdentifying the lien.•�rm�rer s6alt satisfy the lien or,hake one or ,
<br />� �4.55�`���•'...�.- . . . � .
<br /> > 3 �'�^-�—'`.
<br />-- �....-,:,.�r. ,• •, . .. .moreof.the actions sex fort�ahmve R�itlain 10 days of the giving�of notice. • - -
<br /> ';`` S. H�Tard or Pmperty�InSUraace. Borcower shall keep the,unpmveme�s now existing or hete��fter ec�ted an the •
<br /> ;."�;c•t•��'<;',..:,•:.
<br /> ,: ;�y��'.,.;.. pmperty insu�agzinst loss by fire,hazards includad within gh.e term"extended coverage"at�anS►other hazards,iaclading
<br />'�:. `����°`: ., ' tIaflds or flooding,fur which Leader requires insuran�:T6i�insurauce shall be ma'ma`n�m the azaawus aad for the periuds_ _
<br /> .��,.�,`�}��`' �,f'�';t;
<br /> ..�..r �a�" that Lender requires..The insurance cazrier pmviding tbe in6+��ance shall be chosen by Borro�wer su6jext to l,emder's-aPPmva{
<br /> '`,:�>y1�;z�.'�","``.,.- ,z..r,,,�:..�.' wiuch sha11 not be unreasonably withheld. If Borrowet fails to maintaia coverage described above. Lender may,at�nder's .. . —
<br />- . . }`;.;:..`�:;�;:: optio�obtain cover�e to pmteet[.eader's rights in the Pr�perty in accoridance with paragraph 7.
<br /> i 3R
<br /> ''•.� �` . . . All insurance�.*itl�:tes and�newals shall 6e acceptable.to Lender ass�Shall include a standard mortgage clause.Lender ---
<br /> '� • •,.•y�;' ` � , shall Lave the right to'hold the policies and renewals.If Lender requires.�csrower shaU prompdy give to i.eader all receipts of e-z--
<br /> � •+r..y��•.�'.i . .
<br /> : �.:<<p��7ti�°'� ":�� paick p�t►tftuns and renewal�tices.In the event af loss,Bottu�»er shall give prompt notice to the inswance carsier and Ieuder. _
<br /> ,. ����r:�••''•� �..� I.en�;maY.�Proof of toss if not made promptty by Sor�ser:
<br /> :'��',{:`,. :� • �tfriless•Lender and Barrower otherwise agree in wriung;��lrance pmcee�s shal!6�ttpplied to resto�ation or r�air.af�the �-
<br /> � ��r ., property damaged,if We restoration or repair is evonomicalty feasible aad Lender's security.is not lessened.If.the r�stord�eon or `_�_
<br /> repair is not econonsirally feasible or[xn.�ter's security would be lessened,the insurance proceEds shaU be applied ta the svms ��=='°v-
<br /> 4�.--,:
<br /> � secv�ed 6y this Securiry Insmunent.wheiher or not then due. wieh any.eacess paid to Barrower. If Borrovrer abatcdoas the �,w_=�—
<br /> � . Propeity,or daes not answer within 30 days a notice from Lender that the insurance cxrrier has.offere�to settle a claim.thet► :;�����
<br /> ' � ' Lender may collett the inswance pmceeds• Lender may use the proceeds Co repair ar restore the Properiy or to pay sums ;,<<�:
<br /> secvre�6y this Security Instrument,whether or not then dae.The 30-day period wiU begn when the notice is given. :�.,.,�'��__'�
<br />__t • � •• Unless Lender and Borrower o�therwise agree in writing, any application of.groceeds to principal shall not extead or ;.:,�,,:s��--- �
<br /> . - postpone the due�.of the monthly paymeuts referred to in paragraphs! aud 2 or change the amnunt of the paycnenu. If �� ;_ _
<br /> , - nnder paragrapf�2I:d'�'s.PropeRy is acquued by'I,endet,Borrower s rigki tn tny insurance policies and proceeds resulting from ;. _ ____
<br /> - , . . dai�tp�to the Property pnor to the acqwsiriau•�,'�all pass to Lender to tlie exCeat of the sums secured by this Security instrnment •.•:�,`i`*==
<br /> . , imm�fz�tetY Pnor to the acquisiti�. . . .,, ,;..:;;.-�
<br /> . � . 'tF,,pccopancy,Pr+e�servatta�„�9ai�¢+°�3ace an,d PraY�ba�of..We Ptopertyi I�rtncqer's Loan Appllcat[on.I.easeholds. � :.F,:�d;;,:,
<br /> ��•:� •• �orrower shall accnpy.establisb,and use tfie Froperty as Borrower's princlpal resid�zcr.�+ithin sixty days after the execution of ,:x�f:
<br /> ���
<br /> ' ' . �this.Security Inshument and sh211 continue ta uc�cu�Y the Property as Borrower's principal residence for at least one year after '�.;,::r:i:��`,�,,'y:�_;;°-_
<br /> � • . � � the date of ocxupancy.unless Lender otherwise agrees in writing,whrch consent sliall not be unreasotiably withheld.or unless �•.':;;•;i-,,�,`;r��;:,��--;4
<br /> � ' ` eatenuating cirevmstances.exist c,�hich are beyond Borroweis control. $orrower sha11 not destmy. damage or impair the :,,y;x,]'',y��:,.�., :`•'�,;i,:
<br /> ' , Property. altow the Property ta ii�teriorate.or commit waste on the Property. Barro:i.�r shall be in default if nny forfeiture . ,',•';;�f�Y�;��;''.' . .; ,,:. ..
<br /> � .',�;i;:..;� actfeo or praceeding.whether uvil or criminal.is bagun that in Lender's good faith,lu��nent could result in fadeiture of the • ,;•i;:�'�.��'��•.. . ;; ;;
<br /> : .r.•. •,. �.,�r�.t� .. .
<br /> ; ,.;;-;;�•;,, .. Pro�erty or otherwiSe materially impair the lien cr�by t�is Security Instrument os Lender's security interest.Borrower may � ��-- • :;:�;;-s,;�,
<br /> . �
<br /> `• , '• � � cure sach a defau[t and reinstate,as provided in paragraph 18.by causing�te action or proceeding to be dismissed with a rulinn ' :,' ���: ,
<br /> �' •• ��� '-�'. • < thai,3n Lender's good faith determination, prectudes forfeiture of the Sorrower's interest in the Property or.other materiai �:.;, •
<br /> `���{'�`������' im �ment of the lien created by this Securiry Instrument or Lendei s securiay interest. Borrower shall also be in default if : •: ,
<br /> � " t;"';.�r, p�s m : �.t;,.., :, .. , ..
<br /> �� ''"'���: � Sa�wer,during the loan appiicaiion pracess,gave materialty false or inaecurate�nfarmation or statements to Ixnd�r(or failed ;•��;�:„
<br /> ���������-;��- '� to pmvide L.ender with any mucerial information)in connection�vith the loan evidenced by the Note,including,but not limited �`�'���'��•� '. :
<br /> • �. � • to,representations coacermng Borrower's occupamy of the Property as a principal residence.If this Security Instrument is on a �3';`�, : ?���
<br /> ° ." teasehold. Borrower shall rnmply with all�the,provisions of ttie lease. If $otrower acquires fee titfe.to the Propeny, the ��,��`�`'��;��� .��,��•~.
<br /> ' ` leasehold and the fee title shall not merge uNess�t,ender agrees to the merger in writing. �� �'�"'' � _ ,.
<br /> ' � ��•`� ��.��" � .1.Protect�oa of Leader's Rig6ts in the Property.if Borrower fx�ls t�perform the covenants and agreements contained in
<br /> • ' Utts'Securi Instntment.or thete is a legal proce.�dino that may significandy affect l.ender s rights in the I'roperty (such as a � �''��'.`..: 1� .
<br /> . �� . . tY
<br /> � . .. ' ' . ptoce�iing in baiilwptcy,pro b ate. for wn demn a tioa or fo r fei t u r e o r t o e n f o r c e l a w s o r r e g u l n h o n s).t h e n L e n d e r m a y d o a n d ��
<br /> _ �, : ,. ,,� •Qay for�vhatever is neressary to protect the value of the Property and Lendet's rights in the Property. i.ender's actions may
<br /> • mclude paying any stuas secured by a lien sifiich has prionty over this 5ecurity Instrument, appearing in murt, paying
<br /> '.�= �� .� • � � re�asonable attorneys'fees and cnttring on the Property to make rep�irs. Although Lender may take actson under this paragraph . ..
<br /> ;�; . � - 7.Lender does not have to do so. � �
<br /> • � • � Any amounts dlsbursed by l.ender under this paragcaph 7 shall become additiunai debt of Borrower secured by this � �.
<br /> .� •� �' • ' � Security Instcumcnt.Unless Borrower and Lende�agree to other terms of payment,these amounts shall bear interest from the . . ..
<br /> date of disbnrsement at the Note rate and shall be payable, with intQrest. upon notice fram Lender tn Hurruwer requesting � .
<br /> - �► � � ' .• pay�. ' . . • .
<br /> � •� � � g.btott�,age IaSUrance.if l.ender reyuired mortgage insurance as a conditiora of making the lu;ui secured by this Security '
<br /> l. '
<br /> . �+' • � • ' ' (nsuument. Borrower shall Qay the premiums requireci to maintain the murtsage insurance m effect. If, for any reason, the i , • . . �
<br />- . mortgage insurance coverage requimd by Lender lapses or ceases to be in ei'fect.Barrower shall pay Rhe prcmiums rcquitref ta j ;
<br /> . ; . . •
<br /> � obmin wverage substantially eyuir•alent to the martgage insurur►ce previous{y in effeet.at a cust substantiaQy equivalent to the , ! ,
<br /> --- - -= --,---;- wst ta garmt.•�og ih�mart��e ;nsur,�nc�previnucly �n effect.fram an ;iltemate murt age ipsurer a roved b E.cndcr. If
<br /> x .. . � PP Y --.--__--_. =-
<br /> . . �.. , - -
<br /> , . , i .
<br /> • • � caae i or• Form 3028 9/90 . . .
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