|
.� , k4 •.rt. • ..q .li�
<br /> `;;�, ��� .� ,., ��•
<br /> � � ��•.. _,�.' .
<br /> i
<br /> ��� ,.
<br /> '�. .. • � .�.
<br /> � 94� ��'�
<br /> '� periods that Lender rcquires. �'in�inst�r�nsc carder providing the insi;rat►cccss shall Ee chosen by Borrower subject to Lenclerl�
<br /> approval whicU Rhall not be unrea�onably wlthheld. 1f Worrowrr falls to maiatain covemge dc�crit+ed abovc,Lender may.ui
<br /> L.ender�option.aMefn covera�a to protect Lxnder�dghtx in the Property in accardance wilh paragroph 7.
<br /> Atl insuru�ce poticiex and renew�ls shali be acceptab�e ta Lender und shall inrlude�fi� iY����i Q���R
<br /> shali have 1he right to hold the polkies and renewats. If Lender requires�Harrowcr shail rom y g P
<br /> of pa�d premiums and m�ew+d notices• in the event of loss.8ormwer shdi give prompt notice W the insuranco cxRlea and
<br /> Ltadcr. ��r muy make pmof of loss if nat etsdde promptly by Botrowcr.
<br /> Unless Lender tnd Sotmwer otl�erwIse agrce in wrlttng.insuranco pc��j��l lti::uppli�;d to r�sioration or trpsir nf .
<br /> �t�e �ruperty damaged,if the restoratIon or rep�ir ia economtcaily feASlble and L.ender� securlty is not lessened. If lhe
<br /> rest tion or ap�r is not eeonomicnlly feasibie or Lender�a secudty would be l�ssened.et�e lnxarance Proceeds sha�1 b°
<br /> applied to the sums secur�ed bY tl�is Stt:urity InsuumenA whether ar not then due.with any excess patd to Rorrowar. If
<br /> Bosmwer abandons th�s Property.or doc.w not answer wtthin 30 duya a nodca from I.ender that tha�nsuraaice can'ier has
<br /> offered to settl to claim,m ��by this Security[nsntrumen whethe�r or n nthen due uThe 3ada�rtad will�begin when
<br /> the Propaty paY-
<br /> the natice►s gIven licntion of to rinci shaU not extend or
<br /> Unless Lender und Borcower otherV�ise ugrce in wr�tin8•�Y aPP p�s P �
<br /> postpone the due date of the monthly payments referred to in Qaragraphs i and 2 ar change the amount of ttte paymants. If
<br /> under paragraph 21 the Property Is acquired by L.ender.�3omnwerk dght to any insurance policies artd proceeds resultinB
<br /> from damage to the Property pdor to the ucquisItEon shall pass to Lender ta the extent of the sums secured by thiA Security
<br /> Insuument immediately prior to the ncquisidon. ,
<br /> 6, pccupnncy, Preservatlon, Malntenance and Protectbn ot the Propertyt Borrower s I.aan Application;
<br /> l.easehotds. Bom�wer shall occupy.cstablish.sued esse the PeopertY a.c 8orrowerh principal residence withG►sixry days after
<br /> the eaecudon of this Security lnswment nnd shsiU continue to occupy the Pmperty as Horrowar's princtpal e�+idence tor ut
<br /> least one year after the date of accupancy. unless Lender otherW'jse ngrees in wrIn°g. wh[ch consent shull nos be
<br /> unreusonably withheld or unless extenuating circ�mstar►ces exist which nre beyond Borrower�s control. Bomuwsr shall not
<br /> destroy�dsmage or impair the PropertY.pllow the Propetty to deteriorate.or commit waste on the Pmpeny. Borrower shall
<br /> be in defuult if any fo�feit�tte action or pmceedln8.whether clvil or criminal.is begun that in ixnder�goad fatth judgment
<br /> t UB
<br /> could r+�:sult in forfeiture of the Pnoperty or otherwlse mutedally impair the lien created by this Security tnstrument er
<br /> T
<br /> I.ender�s security i�ureu. Bornuwer may cure such a default and reinstate,as pruvIded in paragrsph l8,by causing the ciccaon
<br /> ar��B����issed vvith a�ulin�thac�in Lender�s good faith detem�ination.precludes forfeiture of the Bonower�
<br /> iaterest in the Praperty or other niateri�l impainnent of the IIen created by thls Securtty Inswment or Lender� security
<br /> interest Borrower shall aiso be in default if Borrc�wer. during the luan opplicndon process• gave materiaily ialse or
<br /> inaccurate infonnudon or stetements to I.ender(ox failed to provlde Lender with any muterial infonnadon)in conaection with
<br /> the loan evidenced by the Notc, includL►g, but not limited to, representarions conceming Bortower`s occupancy of the
<br /> ofthe Ietue a Bormwer acqucues f dtle t$o t�he Propeity.the leasehold d the f$�e sholl no me�e unless Lende agr�ees
<br /> to the�nerger in writing.
<br /> �, pr+utection oi I.ender's Rights in the Property. lf Bonower fails to perform tlie covenanu and agreements
<br /> �'"�;` con�uined in this Security [nauument, or there is a legal proceEdin�thcu may significandy affece Lender's rights in the
<br /> ''s�=' ' pnoperty(such as a proceeding in banlwptcy,probste,for condemnation or forfeitare or to enforce laws or reguladons).then `���
<br /> �•�,_-..,
<br /> Lender may do and pay for whatever is necessary to protect the vulue of the Pcopercy pnd Lender's rights in the Property.
<br /> ��"' I.ender's actions may include paying any sums secuted by n lien which has pdority over thts Securiry Inswmen�appeuring
<br /> � ti,. '1. ^_Z : in couR.paying reasonnble attomeys'fees ar►d entering on the Property to mulce repairs.Although Lender may take acdon ,,yf�
<br /> under this paragraph 7,l..ender dces not have to do so. ...:,�;,
<br /> �'�� . ' �' Any smounts disbutsed by Lender under this paragtaph 7 shall become addidonal debt of Borrower secured by this
<br /> ,=`{'; .
<br /> Sscuriry InxtrumenG Unless Borrower and Lender agree to other tetms of payment.these umounts shall bear interest from the :ir
<br /> date of disbw�sement at the Note rate And shall be payable.with interest,upon notice&om I.ender to Borrower requesting t�
<br /> paymen� �;"
<br /> � 8. Mortgage Insvranee. If Lender required mortgage inaurance as a condition of ms+king the t4an secured by this t,
<br /> , ,.. Secucity Insqument, Borra�er shalt pay the premiums required to maintain the mortgage insumnce in effect. If,for siny je.�
<br /> reason, the mortgage insucance coverage required �p Lender lapses or ceases ta be in effect. Borrower shall pay the ,����,,._
<br /> premiums required to obtain coverage substanaapy equivalent to the mortgag� insurance previously in effec�at a cost •:;s�
<br /> ;'�:��t�;� substuntially equivelent to the cost to Borrower af the mortgage insurance pr�evious3y in effect,from an alternate mortgage
<br /> ."�-r"� •W.. insurer appmved by I.ender. if substantially equivalent mortga�e insuiance coverage is not uvailable.Borrower shall pay to
<br /> 1a::'i ^`_ ,
<br /> ., ,�;,;�, Lender each month a sum equal to one•twelfth of the yearly mortgage insurance premium being paid by Botrower whtn the
<br /> r,`�'��� insurance coverage lapsed or ceased to be in effect. Lender witl accept,use und tetain these payments as u loss reserve in lieu �� `�
<br /> �•"�•'-%� of mortga�e insurance. Loss resecve payments may no longer be required.ut tlae option of Lender,if mort�age insurmtce
<br /> `�;;:;;�'•� coverage(in the amount and fc+r the period that Lender mquires)prnvided by an nnsurer approved by Lender ugain becomes
<br /> •rt:��; .� avnils►ble and is obtnined.Borrower shall puy the premiums required to maintain mortgage ins�amnce in effec�or to provide n
<br /> .°��,.. �}, loss retierve.until ihe requirement for mortgage insurance ends in accordance with any wriaen agmement between Borrower
<br /> r r � and L.ender or applicable law.
<br /> ' °�•�'`.'` 9. Itupection. Lender or its agent may make reasonttble entries upon artd inspecdons of the Propecty. Lender sh�it
<br /> �i�;'"� .,
<br /> C._:,:.._.r.�.;_�; t• .
<br /> • "� ;�w= :------ give Botrower notice at the time of or prior to nn insp�cdon specifying reosonable cause for the inspec on.
<br /> ::,;�:•.;Ys..
<br /> `,;k'; ,, ,,... 10. Condemnstion. 11re procc�eds of any awnrd or claim for damages.direct or cronsequent�ul,in connection with any
<br /> i;�`=�;"�• %:=,� Single Fcimfly--Fhnnte MadFYeddk 1►!ac UNIFORM IN571tiJAtENT—Unifarm Covenants 9"90 f paRe 3 njb paResl
<br /> ��. : . : ,.
<br /> .:��„�,�� t�t���ro�.taa■
<br /> �p��:� 07AX818�781•1f91
<br /> 0.e
<br /> o.•
<br /> "'if r'k•
<br /> �.t;;'. � —�—t---�--- , .
<br /> _ -a_i__: ••. . �. �� .. .. ��
<br /> `^ '.j. 1�' . .. ., .� . _ . ��:.' �t'�' _ . . . .
<br /> xr.%.. .;r � " . . . . .�j `
<br /> �t.,— .) . �i�l ` •�
<br /> '' _ . - . , . .� _ y . ; _.1`W _- ,
<br /> .� �. �
<br /> ,. . . _
<br /> �.;. -
<br /> ... .
<br /> ,
<br /> ,t, ., . .. ��. . ,, o . �.. r^r'.�i • • . . .. o ...
<br /> �{� ... .• . � ,5 ' � .. .. - .. . .}. , . ,r: _. _ ..''' - - .... ; ' V . ii - u
<br /> ✓ . . n
<br /> .
<br /> , ,
<br /> �i•- �n.'.,'':'')..-:'. � il - ' - . .. .. .� .. ..
<br /> ':�-.a�Y�'�Y'�' :. . 4'.�'• ,. .� .. . � ° _ t) ..� ..
<br /> "��. _ • r . ' .. . . .. , e . y o,. .. ,
<br /> ,.,^ ,r.q'''(S.;' ��f�' , ,� .. , � .. .. .� " � _ o .. . �.. � . . ., �. . . .. " .. .
<br /> `t ' ,�j� ..� . .� . .,. , '.. .. `. .. ' ' L`?'�`; ; .. .. . � .. ..
<br /> SI4 'Y
<br /> ;� . . . , o ' ° . . -� .. ,4. .`, . . _ .
<br /> �'f•wi. � . - ... . M ��, '
<br /> •x'� -�.�►:f•'jl�:{� ( . .• � . _ n . ., ' � �, � k.��•f , n
<br /> , . . ,, ,. . . _ i�. ��. . .. _
<br /> . il . .. _ .. ` - � �\ ��
<br /> � � I.�`1 �. � .. .. „ . .r ... . � . • ., ' . V . .. .
<br /> � '- .'�YI' . _ . .� .. `_ .
<br /> �
<br />
|