|
, . . , : .
<br /> .. '.�1;�i;:1� � ... "s��::i;� , .�«:
<br /> , s, .. , .rt-+
<br /> n
<br /> _�h,�\ •
<br /> . t��:.:
<br /> . 9�!-���4 - - - -
<br /> S. lHt�atrd or Pmperty I�urance. Borrower Rhail keep tho improv�ments now cxisting or hereafter ertctod an the
<br /> Nrolxrty insured ngciinst luss by firo, hu�nrds included within tho term "extended coveruge° mn1 any otliar hazards, including
<br /> Elcx�da or tla�ding, for which Lender requires insurancc. 'fhis iusur�ncc ehail be maintained in the umounu und f�rr the perlads
<br /> that I.ender requires.The insumnce caMcr pravlding the insuranac shalt be chaxn by Homower subject to.�.cnder'rc�pproval
<br /> whi��l�shuU nut bc unreasanubly wlthheid. if Honowcr fnils ta maintain cavcrAgc dcscrlbed ubovc. l.ender muy. at l.,sncter's
<br /> oMion,ahtain caverage ta protect I.ender'A dghts in tho Property in uccardance wlth paragraph 7.
<br /> AN ins�ernac� p,nlicles and r�enew�ls e;hnll t+o t�eceptnblr,to Ixnder und shaQ include a swndard mortgttge cictuse. L.ender
<br /> shull huve the rlght ta hotd the poficlea und rencwalA. IP Lender requires,Borrower shall pramptly give ta Gender all receipta of
<br /> puld p�emiums und renewa�noticcs.In the ovent of loss,Borrower shail give prampt notice ta the insurance carrier and Lender.
<br /> Len�er mny make proof af l�ss if Rot mAde pm�nptly by 8unower.
<br /> Unless l.cnder and Barrower atherwtse agreo in writing,insurnnce proceals shull be npptied to restomtion or repair of the
<br /> Pruperty damagal, if the restorntfon or repair ia econom[cally feastble und I.ender's securiry is not le.csened.If the�estarndon ar
<br /> re�.�ir ig not cxonomicalty feagible or L.ender's securlty would be lessened.the insurence praceeds shall be applied tA the sums
<br /> secured by this Secudty instrument, whether ar nat then due. with any excess pald to Bormwer. If Borrower aburKlons tha
<br /> Property. or does not answer wtihin 30 duys a notice from Lender thut the insuronce carrier has offered W settle a claim, then
<br /> L.ender may collect the insumnce praceeds. Lender may ur�o the procceds to repair or restore the Property or to pay sums
<br /> secured by this Sa.�udry Instrument,whether or not then due.The 30-day perlad wil!begtn when the notIce ls glven.
<br /> UNess Lender und &►irower otherwise ugret in wdting, any application of proceed4 to principal shall not eatend or
<br /> postponc thc due date of the month{y payments referred to jn parn�rnphs 1 and 2 or change the umount of the payments. If
<br /> under parasraph 21 ihe Praperty Is acquired by t,ender,Borrower's right to any insurance polfcies and pmc�eds resultiag frora
<br /> damage to the Properry p�ior to the acquisition shall pass to L.ender to the extent of the sums secu�ed by this Serurity Instnunent
<br /> iaunediutely pr�or to the ucquis[t[un.
<br /> G.Oocupancy,Preservetion,Maintenance and Protection of Ehe Property;Borrower's Loan Appiteatton;Leasehotds.
<br /> Borrower shnll occupy.estabtish,and use the Property ns Borrower's principal residence.Within alxty days ufter the execudon of
<br /> thfs Securiry Instrument and shull cantinue to occupy the Property as Borrower's principal�resldeztce for nt least one year efter
<br /> the date of occupancy.unless I.ertder otherwise agree.s in writins. which consent shall not be unreasonably withheld.or unless
<br /> extenuating circumstances exist which are beyond Bomower's conuol. Borrowec shall not destroy. damage or fmpair the
<br /> Property. ullow the Property to deteriorate.or commit waste on the Property. Barrower shall be in default if any forfeiture
<br /> ucdon or proceeding,whether civil or cdminal.is begun thut In Lender's good faith judgment could result in fodelture of the
<br /> Property or otherwise matedally impair the lien created by this Secur�ty Instrument or Lender's security interest. Borrower may
<br /> cure such a dcfauli artd rei�sstaic.as pra�idcd ia�Srsgraph t8.b;rass:fng she sctlon or procee�ing!o!se dEsmissed w':th a ssiliag
<br /> that, in Lender's good faith determination, prccludes forfetture of the Borrower's interest in the Property or other materla!
<br /> impairment of the lien created by this Secui9ty Instniment or i.ender's secudty interest. Borzower shall also be in defauit if
<br /> Bonower.durin�the loaa applicatian process.gave materially false or inaccumte informatton ar statemenu to Lender(or failod
<br /> to ptovlde I.ender with uny material lnformation)in connection with the toan evidenced by the Note.includi�g,but not limited
<br /> ,�,,k, to,representations concerning Br�rro�ver's occupancy ot the Property as a pr�ncipal residence. If thts Security instrument is on a
<br /> • �:;s;'.';• leusehold. Borrower shall comply wieh all tha provislons of the lease. If Borrower acquires fee title to the Property. the
<br /> � leasehold and the fee title shall not mecge unless Lender agrees to thc mcrger in writing.
<br /> 7.Protection of Lender's Rights in the Property.If Barrower faIls to perform the covenants and ugreements contained in
<br /> thia Secur�ry Instrument. or there is a legal proceeding that muy significantly affect L.ender's dghts in the Property(such as a
<br /> proceeding in bankntptcy,probate.for condemnation or forfeiture or to enforce laws or regututions), then Lender may do and
<br /> pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. I.ender's actiona may
<br /> include paying any sums secured by a tien which has pdority over th{s Sccurlty Instrument. appearing in court. paying
<br /> ��� reasonable attorneys'fees und entering on the Property to make repairs. Although Lender may take acticn under this paragraph
<br /> 7.Lender does not have to do so.
<br /> � � Any amounts disbursed by I.ender under th9s paragrnph 7 shali becomc addittonal debt of Borrower secured by this
<br /> �'���+ Secui�Ity Insuument. Unless Borra�ver and L.ender agree to other terms of payment. these amounts shalt bear intemst from the
<br /> '�;�Ixi•
<br /> 5`'�?' date of disbursement at the Note rute and shall be payable. with interest, upon notice from Lender ro Borrower requesting
<br /> '" payment.
<br /> 8.Mortgase L�surtuece.lf i.ender required mortga�e insurance as u condition of making the loan serured by this Secudty
<br /> � � � Instrument. Borrower shall pay the pr�miums required to maintain the mortgage insurance in effect. If, for uny restson. the
<br /> �`�� , mortgage insurance wvernge requtred by Lender�apses or ceASes to be in effect.Borrower shull pay the premiums required to
<br /> ''�•7 , �� obtain rnverage subqtantially equivelent to the mortgage insurance previously in effect, ut a cost substantially equivalent to the
<br /> .,�.. <,,
<br /> ` cost to Bonawer of the mort�nge insurance previously in effect, from un alternate mortga�e insurcr approved by Lender. If
<br /> �� ;� �,, substuntially equivalent mort�age insurunce coverage is nat avaitable. Borrower shall pay to Lender each manth a sum equal to
<br /> '�• •: one-twelfth of th�yearly mortgage insurance premium being paid by Borrower when the insucance cuverage lapsed or ceased to
<br /> � �,�T, , be in effect.L,ender will axept,use and retain these payments as a loss reserve in Iteu of mort�age insurance. Loss reserve „i,�
<br /> � `t tz''�,+. Form 3028 8l80 :{.
<br /> ,;,_. ,�.:�
<br /> Pego 3 of 8 "'.',.
<br /> t'•'
<br /> ��
<br /> ;��Y':ast,,'•i"f�;.::'.
<br /> �t����}:6:��y.; �.� . _ _ . ._ � . . . .. - � . .� ;�..:, � .t:... .. . \ .
<br /> l.. .�di'1.. . . .. �..'.5�� ,V„-j4•.
<br /> ,�tna,s�r , a�,ti . . . ..� . ' � � . - -,r�. :,r,•=: ' :a' � :.i:�,. .. � ' ' �
<br /> �M+.'.kS�:ti�+.��� •�-;� i`ui • � � " ' �f2:..:'�-':`�:.Y :'•5". '
<br /> 'x�. : r " , t • � ;'., ,�J�'1}F� ' �1�� �w;'•. •
<br /> �`b 6 . .. - .. .o . . �t3 F, � �r . •- . � ' •
<br /> x'L!'xf , ., .. ,. . . . �t•h, t,: ' o
<br /> n '�Y aa�` : �, ,�� � �
<br /> '�x5:3'� 'i�i" ;•�.: , . �) � . .x,f�Mrr.t� 7�c�t . • . .
<br /> !ftT�.. 'sr_ • . .� ..t���' . �� � .
<br /> �1,r :.'r� 7. iY .. . . . 4 . .. . � � ' ',p 'a � � ' . . • ..
<br /> . .
<br /> �
<br /> 0
<br /> v�'M� '�'�:. �y1 , ��a�S��h:1+. ��.r' i .
<br /> . fiv«��...s�; . ;":.. . " � .. ' ,o . _ .: . ., �+
<br /> ��:����:�' "" � .. . , rt , q�; ':r"s• ..
<br /> :},._ r. f. �' -..�,. - . .. ' � „ �,�J 1�j' .
<br /> �'{�:'y';R:. ;. ' , . . + .. �: _ <� '
<br /> ,4 .�Vx' T� . . ' . ,.. - . . ' �� v.� �i� o ., V
<br /> � . , .. „ r� .. . ,. •> . . • ' .:.�� '� ' . „ .
<br /> , . . � . . .. �{� "�V
<br /> . .
<br /> . .
<br /> ``�,' . . � �i^
<br /> . ,
<br /> . .. .. _ • . .. �! _ „s�
<br /> . � . . . , 'i,.1 •L.�
<br /> .
<br /> ,
<br /> . .
<br /> . «'
<br /> . . �
<br /> . .. �� .
<br /> . .. . +
<br /> ..t ..
<br /> _�w. . ' d � i � . .. � , - - � ' - a ' .. � � .t t:-�' . . �. ..
<br /> . � .. . V . .. , '7^��� V .. � •� �s . .
<br /> _ '.`� . .� �' ' . . _' ' ' . �� ^rfIS�.L �' `1 ' , . . . �.
<br /> �� � ti'Y��1
<br /> .. � •. .. a _ .� ...
<br />
|