|
_ __ _ _ _ �__ ___
<br /> �._;__ �. _� __ __ __ _ ,..
<br /> - - - --— � � ` `.� • •. . , • . '.�.. Z•` :' '. .� � >._ ' _ ----- -_
<br />- _ �� _ �``_" - T; --�4 . , ' -" . � _. �t - — - -z���-_.-_- - --- - , � - �_,-. _.
<br /> - - . . '` s ntkr �r�. '�e in:..�i�itca s�r v �!be iristtrattet sh�1E bc C�wezt�y Serra�s j '.,�,a�dc�'s ,j , t ---
<br /> cn�
<br />_ - -- --- -=�r=s w �— �:;,�,...� -'-- - '�
<br /> � �� � �} ��,:....�e.x� - ' ---'._`_.',
<br /> - �t .L-.�-- ��-°-�'--e�...,..�.._..�.�-�.�,,,�-,' .----�=
<br /> -----_---__ . ` � LEader�cigtion.o�ca�!era�e to giot��c�cr��ig�ss in t�e�Operey ir,ac�o�daaoe�xitb paragr�pla 7. .
<br /> ---�-- .� ESIl ins�aace policies�ienxc�aL�¢hall be aoc�Ptable to I.ender arr��hali i�sla�Q��n��aortga��e CI$t�c.��.Le�3tr� � _ . :.�
<br /> ---- • i e�l!1�ave'th�rig8t tn tzbId We polic�es and tenCwats: ff�.cnt�rrol�tiies,�&�gres s�tail pm�pdY gFs!e to d�erltkp��F�, `.
<br />- _ . -�of'�aid p�$ad r2nowa?t�Wices. fa the ev�ut df Ioss;Bcannwer s5a11 givt�upe'natia to t&insar�ce;cacriee�sd'.. .
<br /> - _ Le��ees:.�.e8derm��r mak�psaof_uf Ca�s.tf nat:made g�tiy Dy Sbaniuer. ' ` � `. -- _-
<br />` � fJntess�.e¢�er anfl Bcurawei atherwise agn,�in writing,iasi�ice gmcxe.�s shaII be agpli�tu restQra4i�i ortep��of • ' —
<br /> the A�op�rtY dama�d,if tt�s�sts�on or'.tepadr�s�feasibls s�t!l.et�'s stctirity is nta Iess�cd:. If t� ,
<br /> ' restmation ar.repa'v is aoi econamicalIy f�asi�Ie c}r l.�ndsf�s s�curity wau2d ts�tes's�tf�insc�pmretds 65nik 1�e
<br />- -�-_ - - ___� ' BR.sr�s,� - _ .. _. _ . __ __.
<br />- � x4.�, Y � a�e8 ta faa sim�securCd'0��t�is Secrisity��;���€uot#t�-�i du��+�it�-�oxa��t� ` •� _ _ • --
<br /> Bor�a�er sbazfduns tke FcYiperty.os�nes aroi nnsw2r�v[thin�30 d�ys a ttotIc��l.et�d�th�.t�the•ir.��nc�ca7t[e��s
<br /> . .�ere�tn s�ttte a claitn.thea I:e�der map cal��t tise fiosurance nioc�eds. I.eader a�Y��P�g?�,�P�or cestare ;" .
<br />. ' th�Pmperty oz to pay sums sea�aed'by o�is Se.�e�uity TW.,�°m whethef or not tH�due: 7tKS 30da�r�od wtf!begq wgr�u��
<br /> the aatise is givet�. � � � ` '� ' ' ,
<br /> . .Untess I.�ader and Eorm�rer a�cewise.agee in wiiamg,anY�?Pli�ian af pmc�eds to principal sfi.all uoi exten�rnr, .,;,,
<br />= postpnne tT�e dne daie of the�mc�shlY PaYmems Tefe�r�to ia pazagt-aphs t aad 2 or cha�tgz the araauttt of the paymsass. .�f .
<br /> - ' �P�S�Pb 21 the Ptope�ty is ucquired by I.euder,Saaawer�s n�ht ta any insnrance pvlicies aad giaoxds t�suldng
<br />�� . r - &oen c�a�ra3e to the Ptoperty priar w.t�be acq�sition shs►U pass to Lender ta th$oxtent of ike snms se�cnred tiy this Security �
<br /> P -�:�",a>. Lm-�r�neat immediately ptioz to the gs�sFsitian . . .
<br />� �----',•---�.�- 6. Ot�upsII�Y. Yr�'v�o�r Bd�ntwau�aad Pratettion aY t�e Prope��ty; Bce�wer's Lo�a Ap�li�,iun;•
<br /> '�'-`�`�"�'�'�� Le�ebolds. E�cov�er shall occupy,estahlish.end use th$�nepetty as Bwrowds psi�igat resideaoe withjn s�xiY daYs e8er.
<br /> -`-:%�r,�� � the executaun of das$ac�uity Instmme�t aad shaIt cantin�to ac�vpy tke Prnpetty as Bonrower's pzincipat resideace for at
<br /> �'';°"'.�° IeasE oae yeaz aftet the date of oocupautcy, untess L.ender otherwise ag�ees in vmiing, whic� cofisent sbalI Qot 6e
<br /> --�"S_'�. . .
<br /> _ -r3�;=`';,�:ie.`:�i` ' �anahiy wit6held.o:antess extenuabing cusnrast�ces ea�ist wiuct�ate treyand�nrmwra's�aunprol. Horra�er shall aat
<br /> -��'-``� � .� desuoy,damage or impaia the P�oyerty,aiIow the Pregerty w det�rinrate.or��ommit waste on tke Piroperty. B�wer s�a1L`
<br />- "-'�'�'-•`3.•'<<f r�-•-`���'°��.� be in.defanit if auy f�eeimze aciiaa ctr.pmceeding;w�ettter civ7 flr eximinal.is beg�ip thai in I.ender�s good faiui jndgmeat.. . .
<br /> �,-;=s:�;'':�.:'.�..:;w+�, . . --� cauld resuit in forfeitare of the I'tapwty or othecai!�matetielly impaQ the tien c�d tg+tJiis S�ritY Iastru�ae�t os
<br /> ....�;'• ..,�_ �::: Lenders secwrity interesL Borrower may cure sush d,c�aalt a�d!teinstaL:;as Pmvi�ed m Parag�aFh I8.by causing the�ctian -
<br /> r tr..,:�:...:�, g�a
<br /> �•i":f�.;Y,�:.�:',t y�5"'+ '0r pro�ding to be d�m,���with�a ralmg that,um�s good faifh d�erm�a;.�sectndes farfeiture of the Borrower's ,
<br /> ::Xri`.',.`•`° ` •. intet�esc ia tEae Prupeaty oi other matetial impairmeat��lien cneated by tT�s��iry►ncn„m�enr or I.eader�.seauity. — .
<br /> ,... ,�;�.....,3
<br /> - . . .. •r:�.
<br /> - �. 6�rawer shail also 6e in defautt if Barnuwer. d�.tt�•Ioaz►appticat[on ptur�, gave mat�iaQy faLse at
<br /> -__ii�'��.'.�� •
<br />-_ :.,.,.... __.°'-i ' •, ' ma�urate infom�arion ur sta�meaus to l:enti�.s(ur fa�ed to grrn►i�fu�er wiih any a�aterial i�emat�nn)ia camc�ctiam wtib� _
<br /> :;;,�:�,-= :,;m;�• �he loan<evidenoed bv the Nate:iactud'mg. but not Iimited.t�;:�senta�vns conce�vng $arrower's oparpancy di ths , .
<br /> _.c:.;..',���. , C'�op�rty as a principal residenoe. If this Secauity Insuw�at is on�{leasehold.Barrawer shalt comply witb all the provisions
<br />_ ;f;;;.�. . • '�o'Fthe lease. If Horro�uer aequses fee tids w the Prog��;t�e teasehotd aud the fee title shail aot meige unless l.ende.�agrec.a.
<br />-- =:.5 .. :. ;,;:,. to the merger in writing. • .,. � .. � .�.,, . . ".� ..
<br /> � " .;.':;:�,;h- ' 7. ProtecOFoa of Leadee's Rights in the Prc�iei�ty. If.Ii�a�uwer fa�7s to perForm.t�ie'covea�ar►ts and a�� '
<br /> . ���' `^ cantaiaed in this Securi Ins�men�or Nere is a I at In that ma si canil �'ect l.enders ri m tir�,
<br /> ' • tY � P�. � 'l &� 1�' S� �. .
<br /> %•t"±;'' ' ' Pcoperty(sucb as a procecding in banlauptcy,probate,for condeinn�tion or forfeiaue or to enforre Iaws or regularions),tiiec�
<br /> .�,1�,.. r .. •
<br />_ :�<:�f�'`'_, .,.,:'�� �. E.ender may do aad pay for whatever is ne,cessa:y t��tect the vatae of the P�perty and Lender�s rights in the PtopeRy. :
<br /> � , g.ender's actions may include paying any sums secc�ec��y a iten which has ptin�iiy�nver this�Secunity Instrument,agpe�aring� ` `•':
<br /> .. - � in crnut,paying teasonable auvrusys'fees and enter`m�on the Aopetty�to tba.ke;tisspairs.Attiut,iagit Lender may take aarata..�,
<br /> • "' • under this garagrapb 7.Lender�ces nat have to do so. � `.'� � ��
<br /> , • Amr aar.�aunts disbwsed by Lender under this parag�aph 7 slzatl become additional deht;a�'Borrower secured by t�r,`.�
<br />_ � • ., . � Securitg 1�s�[un$nL Unless Aort�wer and Lender a�e so ather terms of payment,these amounts shall bear inteiest from� .
<br /> - --�� date of disbursement at t3�P+rote rare and shall be ptyr{��,wid�interest,upon notice from.Lender to Bo}mc�er cequesting =
<br /> �: ,. �....• � .; ,. . , , _
<br /> �, pa�8.�Mortgage Insurance. If Lender requued mortgage i.�,trttance as a condition of ma?png the loan secuied by tki,s,.. �
<br /> � �:�;,` Sesnuity Insaim►ent,Borrower shall pa�.the premiums required�'trn�ainrain the mortgage in;nu;�..nce in effe�t. If.for aii�;,:•
<br />- ' �:,;�;• . rason. the mortgage insurrsnoe co���=.reyuired by Lender!a{�5� or ceases to 6e in eff�er. Bomower shall pay tfg.R�
<br />- ' • . premiams requiicd to obtain covera�r��bstandaliy equivalent to the mort�age.utsaru�ce previously in effect,at a cost �
<br /> - � substaniially equiv�lecat to the cost to B¢rrower of the mongage insurance ptevi+s�ily in effect,fmm an altemate martgage � �
<br /> ,_ insuter approved by Lender. If suiis�afu�ify equivalent mortgage insurance cavext}c�:is wt v�labte,Borriower sha[l pay to _—
<br /> �•'��, � � Lender each month a suin equal to a�twelfth of the yeazty mortgage insurartc�•�mium�it�paid by Borrower when the i'-
<br /> �- � �••� insurance caverage lapsed or ceased tn i'�e in effec� Lender will acoept,use and cetain these pajttneats as a loss reserve in lieu n��:.--_____
<br /> : �. . ,.., • :
<br /> " ' " '' of mort e insutance. Loss resenre enu ma no lon er be uired,ai the o uon of Lender.if mort e insurance ^'• "'`''
<br /> .. ��., •: . coverag(�ion the amount and far the p ne o that Lender requues)Pca��ided by an insuprer approved by l.ender.again 6ecomes .;�,�� t�„�
<br /> ''..,�,:.`.�`' . available and is obtained.Borrowet s�hall pay the preminms required to maintau�raortgage inswance in effect.:rsr to provide a .' � .°''.��'`��'�'���:°'"
<br /> t}�j �' ""'...'r:..:c: ,r..-
<br /> �,��,�;���;y,:,.. . . ,toss reserve,nntil the reqnirement for mortgage insuiance ends i�t�s:ordance with any writte»agreement�et�u�en Borrower : :'�r;:
<br /> ,.!�,�,� . . . and Lenderoz agplicable law. • ' . .
<br /> ' . � '::.;,':� 9 .�pectIou. Lender or its agent may make reasona��e.c-ntz3x.�s upon and inspections aP the ProPertY- Lender sfraJ.i .
<br />� . f . �, � •� � give Boirower aotice at the dme of or prior to an inspection specifyti:n reasonable cause for.the inspection. • , , °
<br /> ��•:�.. •.. •' �;:���•
<br /> • 10� CondemnaHon. The proceeds of any award or claim for damages,direct or consequential,in eortnection with any . � . • .
<br /> T��:�� . . . Sin�te FamiJy-fanale MaelFreddfe Mac UMFORM INSI'AC?StTs'1�'1'--Uniform Covenanfs 9l40 tpage 3 oJ'6 pagei)
<br /> yJ,� '
<br /> : •:� .:;:.;�� . �-.nl�m��vamma• . '
<br /> .t'., �,':;...���:::,��; , , � mnvm��aooraam�+o vnxara�e�-na� .. ..
<br /> •�: . . . . . . . .
<br /> . � . . . , . : ..
<br />. .�::•. .. � � . . ,
<br /> " . . '��t,ti,y�'` ,' , . . ,, • ::�: ;. �, • . ,�',. . , ...
<br /> .� . . . , . _ > . . � . i: . .
<br /> }. ' � 'a. . . _ . `' -. . � ' ' ; ' � , . - . , ` ` �. i: .. . , • ' : . . ' .' ` _ .. _
<br /> _ . �. �, , , '' � . � ' ��. . • . . � t_ . . . . 'A �p. .. �J , � , ' � '��. .. . .. . . •
<br /> ' • _. . _ . . ' ' - . ' : . . . . r�. � . . .. .. .. . . . • ' - ; ... ' � . . • � ,
<br /> ._ _ ....._ ,..._ __._ __... =-`— ---- — -- _- --_— --- - ---- - - - - � - -- -- ---- --- � -_--- �
<br /> .
<br /> ..� -_ �- . .�� . . - -._. ... _ _:.. . . . � . � .
<br /> . , . .. .. _ _..,. . .. ... _ .
<br /> ti . , . .. . . .. ; ....-. .. . . . . w .
<br /> ' jl'�. ' r. . . ' ' . . ,. . _ . ,. . . . : . '. . •
<br /> .
<br /> , . . . . .
<br /> . • . �• . . . . , .
<br /> . .., .. " .' . �,
<br /> .
<br /> , . . �, , . . . ,. •
<br /> .
<br /> . ., . •� . . .. , . . . � . .
<br /> .
<br /> �. . .. ., . �, ` ,
<br /> �. .. . ..5. , � .• . . . . . .
<br /> � � . � : ,_ . ,. -. ' . . . • . ,.r'
<br /> . -' •,.
<br /> ��
<br /> . .. il. .
<br /> - ... -_ . .. . . . ' '
<br /> .
<br /> .t t. ` ___ .. . - . �. .. _.... . ' . .__ . . '
<br />
|