|
f!1'; . 'i �,�,8 � j'•J:�Su�t�� ''Y" . . , .,�,:Y
<br /> ,-`. ��i�?r' .
<br /> 's i
<br /> . . _ . , � a .. �:ti�!!'
<br /> _.. .._.-. .. .. . . . , . � ._. .. - ., " .. .' .. .._ . °-- - - � .-�����c--�------ ,��.�
<br /> ' �!,l�lra�Flun9�nd(�thxr II�z�rQ Ineuranco.}3armN�r eheU tn�ira nll trrrpmvemGnta on tha PmpRrty,�rhathar
<br /> • natv in o�et�enco r�r mrbeoqucntly Crected,A��inat�ny haxerde���eualtioe,�nd cantica�OncIao.irtnludin�ti%i�r Mhiah
<br /> -I.�mdor roquirae inaur�mx.This ineutanve alull ba m��ntaiuod in the�moun2a.�•tor tbe�ertod�ttut I,�and�r�nquirw.
<br /> • HorroweK ehatl dpn ineure all lmprovemanta.oa the Properh►.whethor nux in esietonoe or eu6Nquently a�esd,yriairt
<br /> law by fl�ds to the exteat required by the Secretary,Ali-laeunnca etuill ba o�rrled wlth�comp�niar�ppravMd b�r Loai�'.
<br /> The insu:�noa polioIee�ad�ny renawale e}ull be held by La�de�r�ad elull tacluda tow payabie cl�wie�in favar ot,�nd i�
<br /> n form t�c�gtAblm to,Ltader. , �
<br /> In the evant oi laee, Bcrrroxer ehall gIVe Le�nder imraaliate notice by mdl,i.ender m�y make proo�ot larr li aat
<br /> rtade promFtly by Borrower.E�ch iasoranc�s comp�ny cancaraal ie hereby authorized and direotEd to tta�lco�p+►Yment
<br /> fot euch la�s dtrectly to I.onder,inetead of to&irro�rer and tu Lendar jointly.All or uiy prt o!the ineurance ptc�ooede
<br /> m�y be app�Iod by l.ouder,at ite optian,either(a�ta the reduatton at the iadebtadaeee undsc the Notc and thls 3ecurity
<br /> Instrumaat,fltst to any deliaquent asnouatg spplied ta the order in paragraph 3.and then w prepaymeat ot principal,or
<br /> (b)to the reatontioa or retxir of tho damaged Pmpertq.Aay appllcatton oi the ptoceede ta the prlacipal etall aut
<br /> extead or postpoao the due data of the montWy paymeate ahiah ue r�iened to ia par��raph 2�ar change tho emount ot
<br /> such pnymente.Any e:cese iasurauce praxeds over en aaaouat t�oquired to pty all outBtanding tndebted�raee uuder tb.e
<br /> Nota end tbie Securlty Inswsaent ehall bo paid to the eatity legally entltled tharato.
<br /> In the avent of fora:losure of this 3ecwItq In�truanent or other transtor of tttie to the Property that ortiaguieh�e t�e
<br /> iadebte+daese,aU right�title and iatetest oi Hon+ower in aad to ineurance policIes ia iorca shell pa�to the pvrahtse,c.
<br /> S.Occupaaoy�Preservallon.M�iateaance aad Protectioa oi the Proporty;Hortower'a Loaa Application;
<br /> Laas�holdar.Borrower shall axupy�establtah.end usa the Property es Horrower's prlaclpel residoace wIthIzt et:ty daye
<br /> after the exeaution of this Sccurtty Ittatcument uad shaU contiauo to occupy the Property es Borrow�er's priaaip�l
<br /> residoace for at least oae year efter the date of oxupaney,unless the 5xretery determiaes thie requiremeat w�ll cauae
<br /> undue hnrdship tor Borrower�ar unless extenuatlAg circumstanas axist which aro boyond Bonower's coatrol.Borrower
<br /> ehall notiiy I,auder af anq extenuatiag cIrcumetencos. Bornuwer shaU not cornmit westo or deah+ny. daa►cge or
<br /> subeteatiallq change tho Property or ellow the Property to daurlorate,neaaoaable wear�nd t�ear exceptod.Lan&r xnay
<br /> �aspeat the Pmparty i�tj�e Property ie vacaat or RbaadoAad or the loau 9s in default.I.endar may take reasoasble action
<br /> to proteat ead prese�rva such vacaAt or abaadoned Ptoperty.�3orrower ehell etso be in defeult�f Bartower�durtag the
<br /> loan applicattoa pmcess,gave materlally fels�a or inaxurau informatioa or etatsmaata to Leador(or feiled to provido
<br /> I,eader�ith sa��saL�s!�fQSmation�ia cQrsa�ti�n with th_r.l�►r�evidenced by the Notq inaludiag,but aot limited to.
<br /> • rept�antations concerning Borrawer's occupancy nf the Propecty ae a prFacipal ra;ideace.It this 3ecurity Instrumeat Is
<br /> � on a leasehold��We�'ehelt comply wlth tha provieioae of the lease.It Borrower acquirea tee title to tha Property,the
<br /> leasehold and fea title ahall not be merged unless Lender agrces to tha mergar�n writing.
<br /> ',- 6, Chuges to Borrower aad Protectioa oi Lender's Rights ia the Property. Borrower shall pay all
<br /> � `' governmeatul or inu�ictpal charges,ftnes ead impositions that are not included in pacagraph 2. Borrower shall paq
<br /> these obligat�ons on tima directlq to the eatity wluch is owed tha paymesit.If failure to pay wovld advcrsely affect
<br /> �, Lendar's Interest in the Pmperty►,upon I.ender's requeat Borrower shall promptly furatsh to Leader re�caipte evtdeaoIng
<br /> these psymante.
<br /> H�'Y� If Bormwer fails to make thesa paymenta or the paymeate required by paragraph 2,or faile to perfarm any other
<br /> covenauts aad agceemente coateiaed ia tbis Security Instrument�or thare is a legal proceediag that may eigniticantlq
<br /> efiect Lender's rIghts In the Property(such as a proc;eediag ln bankruptcy,for condemnatioa or to enforce lews or
<br /> regulations).then I.euder mey do sad pay whatever ia necesseryr to protect tha value of tho Property and Lender's dghta
<br /> �� ;{�,; in the Property,iucluding paymeat of taxes,hazard insuronce and other iterne mentioned In paragraph 2
<br /> .. .r.
<br /> ,���;,r'f• .�'^�-y AnY a:nounta diebursed by I.euder under thie paragraph ahall become an additionel debt of Borruwer sad ba ,
<br /> ^'��.�-��- :•� � secured by this Seourity Iastrument.Thesa a:nounts ehatl bear iaterest irom tha date of diabursament,at tha Nota rate,
<br /> � ���;;,.:�i` � aad at the option of LEnder.ahall ba immediately due and payablo.
<br /> :.-. �+°�: �'_..
<br /> �::;'t,r';:. �
<br /> �, ,,. .
<br /> • .�..V��.,:� ` 7. Coadeenaation.The prooeEds oi any award ur cleim� tor damages,direct or consequent{al,in connevtton with 5��,>
<br /> ��,�,':•:�'����' ;,.:' any condemaation or other taking of aay part of the Prnperty.or for oonveyaace in place of condemnatIon,ara hereby ;;;'.,,
<br /> a:-�` assIgned and shall be paid to Lender to the extent of the full amount of the indebtedness that remains unpaid under the r: `
<br /> .�,. �.,:.; �.. ::,
<br /> - - ,• • -r-:�--• Note and thie Security Instrument.I.eader shall apply such proccede to the reduction of the iade6tednesa under tha Note ,
<br /> , r�., •.:�..
<br /> .; ;, .s'�''�,�� aad this Seaurity Insttument,first to eay deliaquent amounta applied in the order provided in paragraph 3,and then to
<br /> � r��:�� ,::'' prepayment of principal.My agplication of tha proceeds w tha principal shell aot extend or postpone tha dua date of
<br /> �r. � � �
<br /> i r::: • .
<br /> . ",e'
<br /> :.,' �:'• . . ���d W�121 D�p�e1 e 1MNdr.�U✓
<br /> r."
<br /> .''�i• ~X�
<br /> ..`lr'���,f
<br /> :��.
<br /> :;.'. . �,'.�'+�3?_•r, _.� ..1
<br /> " ' — — �d?�y�.�up'1e.qlriiy��,_,�,.
<br /> t'� ~'��,.�'.. _.... ' .. . . � . • ' � . � rL� r ,�1.°. .. J .. . n
<br /> ,' . �r � . �' �� . � ' �+ ., . o . . , -�.a`-��i:�i�'_ S ., .
<br /> : . . . . - - t f.. n. _ .
<br /> r�p, `3 1., :
<br /> ,�- • :., �+ _ . „ - - � T ly�i f�.t•y;7rytT t T ' , '. �
<br /> �.y
<br /> {�`_ � `- . . , .. _ - � �• _ . '.., _ . . „ . . '�� ;i'�L,C�`t,.. . .. � ., ., -
<br /> ; - . � �.
<br /> � . � - .. :.t:��_ �- � - _ °
<br /> :�U_. •i •t.. • -u r .. �� � • •• � . . - �' '��'�:y �,. �' ..:.�.`� .. . _ .
<br /> :_�, .�, � ��' ,• , • • . �. : •. ,
<br /> •� . ,>:-
<br /> . . '�. ' „ ' ' " , ._.' ' ' , ,
<br /> _'�,�i - �� ii �� . .. •e��.I. .: ,
<br /> ,�.a�• .•_. �. . . 1 . - . ••-�\•�.•%w..i' . . - tl
<br /> .
<br /> . .. - .- . . .. o . . ,q j���fY ;L.�. :C�'
<br /> .
<br /> } . .. .. .. .. ,
<br /> . � - � - . ° . � '
<br /> .-
<br /> .,. � . . .. , .
<br /> � . � . � .. ., °� ^ � . .
<br /> , . . .�,� . �� � �� . . .. w _ .. . �y''". . .
<br /> . :i.i.ti'
<br /> ;.n
<br /> � �
<br /> ., . �3.�q. . .. � � .. ,,. a1,� .
<br /> .i i . - . . ' o ' � . ; �i��.
<br /> •4ti� ;d I �� Q � ., . . . . - , . .� . � - .� ' '=y'�S } .�}�;,d .. .�.. a .. .. ..
<br /> �i. �' r � � ° , .. • ,�' .... -�, . - ` ..v f t .- .,
<br /> „r�+�. �y\: .u. ... .. ' , `, " ' x � .. . . ���. �1....,. . ..
<br /> .
<br /> ,
<br /> . ..
<br /> . . �
<br /> , .
<br /> -� .. �- . � . .. � � � • '• � • � .. � .. � ` " ..
<br /> . � . .�
<br /> � �
<br /> - + ., . .. -� ` ` . .. � �. . .. . . � . i.,
<br /> .. _ �. ' . .. . � .. ' ' .' . . . ' .. • .. .. 'H . - .. " . .. �
<br /> . , ,�
<br />
|