|
',;i�r'., , �,.. :� .s. �• : . '� . ..
<br /> , ;,�;.;.�`' ;� ti' .
<br /> � ���ry, `.
<br /> ,
<br /> ��Gl.- aQriil�°�
<br /> '�. �f�rd or f'rr►pexty l�urt�ncc. Borrower !�ti�li keep the lmpravcment,g naw cx'�titing otn c�rea�iter arccted an the
<br /> Prupeny i�isured ogainst luss by fire, hu_+,�u�iri fncl�ded wtthin th�term "extsndcil caverage" aaQ any utt�ce ha�aeds, iacludi�iy
<br /> flu�xls or f1�xxlinB,fur which l.cndr.r tcyu{rcr iu�;uruncc. 77�ia insurcincc yhall bc i�iaintninsd in the nmourts uncl f�r tt�a pc;ri+►ds
<br /> lliui I.ender reyuirc�. Tt�e i�►�u��ujke eiu�ficr��i-���Iding tho ic�surunce tihail be chosen by tk,rruwer eubJcct t��Lcrs�cr's epgmvat �'
<br /> wl�icb sl�nll not he unrc:�uuiably withhc�d. if I��rrowcr fa�ln ta m�intuin a�veruge dc�crjbcaf nlx�vc. l.cndcr msy. a! [.ctxlet's •
<br /> optian.obtain covcmge ta protect I.ender'x right�in thr Property itt ucmrdsnce with purapraph y.
<br /> All insurunce pnlicies und �rnewnl� ehuU he uccc:ptublo[u I.ender t�nd shail inctudc u stnndurd ntar4guge cluuse. I.cnder
<br /> shull have the right tn hald Ihe policteti und renowuta.�f Lcmicr requires. Banower shuli pmmntly givc to Lendet utl rcceipts af
<br /> pnld premiums und renewal nntice�.In 4ho event��f luss.Borrawer shall give prompt nadre ta ths insurance currler and I.cndec.
<br /> Lender may m:ike praof of loss if not made pramptly by B�rruwer.
<br /> U�less Ixnder and Bonawer otherwise c►gree in writing,insumnce prorerds shidi be appliesi to restoratlon or npnir of the
<br /> Property dartwged.if the mstoration��r repair is cronumtcAlly feaslble und I.ender's sa:urlty ia not Iesscned. if the restorat[an ar
<br /> repair is nat economicuUy fes�ible ar Leniler's secudty would be lessened,the insurunce proceed.g shnll be Applied to the sums
<br /> secured by this Security Instrument. whether or not then due, with uny excess paid to Bovrower. if Borrower nbundons the
<br /> Property, or docs rtot answer within 30 daya u noticc from Lender ehut the insumncc carcier has offered ta s:ttle a clafm.then
<br /> Lcnder may callect the insurance proceeds. Lender muy u�e the prcoceed.s to rep�lr or �estore the Aroperty or to pay sums
<br /> scxurod by this Securiry Insuument.whether or not then due.The 30-dny period wiU begin when the notice is givcn.
<br /> Unless Lender nnd Barrower otherwlse agree in writing. any applicution af praccxds ta prit�cipal shall not extend or
<br /> postpane the due dute of the monthly puymentx referced to in paragropha I and 2 ar change the umount of the payments. If
<br /> under paragruph 21 the Property is ncqulred by Lender, Barm�ver's dght to�ny insurance poticies und procecds msuldng from
<br /> dpmage to the Praperty prlor to the ncquisition Sh;ill pass to Lender tn the extent of the sums secured by this Security Instnunent
<br /> immediately pr�or to the a�:quisition.
<br /> 6.Oocupancy,Pneservation.Muintenunce and Protection of the Property; Borrower's Laan Application;I.easeholds.
<br /> Borrower shall c�ccupy,estabtish.und ure the Property as&�rrower's pr�ncipal residence within siary duys nfter the excxutian of
<br /> ihis Security Instrument and shall cantinue to accupy the Property us 8arrower's princtpal residence for�t teast one year after
<br /> the dute of occupancy,unless Lender othenvise agrees in writing,which cansent shall not be unre�sonably withheld.or unless
<br /> extenuating circumstances ezist which are beyond Borro�ver's controt. Borrower shall not destroy, damage or impair thc
<br /> Prnperty. altow the Property to deteriorate, or commlt wnste on the Property. Borrower shall be in default if uny forfeiture
<br /> ;, action or procceding. whether civil or criminal,is Ue�u.n that in Lertder's g�ood faith judgment c�uld result in forFeiture of the
<br /> Property or otherwise materially impair the lien created by this Security Instrument or Lender's securiry interest. Barrnwer may
<br /> cure such a default and reinstute,as provtded in paragraph I 8,by causin��he action or proceeding to be dismissed wlth a ruling
<br /> that. in Lender's good fuith determination, precludes forfeiture of the Borrower's interest in the Property or other matedal
<br /> "�� impairment of the Iten crrated by this Security Instrument or I..ender's securiry interest. Borrawer sh�ll also be in default if
<br /> �`' Bomower,during the loan applicadon process,gave materially false or inaccurate information or statements to I.ender(or failed
<br /> to provide I.ender with any material information)in connection with the laan evidenced by the Note. including.but not Iimited
<br /> to,representations conceming Borrower's oocupancy of the Property ;�s a principal r�esidence. If this Security Instrument is on a
<br /> ieasehold. Borrower shull oomply with all the pmvisions of the lea�e. If Borrawer acquires fcc title to the Property. the
<br /> leasehold�nd the fee titte shall not merge unless Ixnder agress to the merger in writing.
<br /> 7.�tectton o!Lender's dtip,hts in the Pmperty.If Borrower fa�ls ro perform the caveaants and agreemenu contained in ;
<br /> this Security Instrument.or there is a legal proceedin� that may si�oificantly affect L.ender's ri�hts in the Property(such us a
<br /> proaed9ng in bankruptcy,probate,for condemnation or forfeiture or to enforce luws or regulntions).then Lender may do und �;
<br /> pay for whatever is necessary to protect the v�lue of the Property and Lertder's ri�hts in the Property. Lender's actions may �
<br /> �.
<br /> include payin� any sums secw+ed by a lien which has prioriry over this Security Instrument, appearing in court. paying =�
<br /> �+easonable attorneys' fees nnd entering on the P'roperty to make mprsirs. Although Lender may take nction urtder this puragraph ^:�"
<br /> 7.Lender doels not have to do so. '�-'.-
<br /> My �unounts disburse� by Lender under this paragraph 7 shall become additianal debt of Borrower secured by this �'`�.�:.'
<br /> <:-,:.
<br /> Secur�ty Insuvment. Unless Borrower end Lender agrrx to other terms of payment, these amounu shall bear interest from the -�r
<br /> date of diabursement at the Note rate and shall be payable,with inte��est, upon notice froin Lender to Bomower reqUesting .�..`"
<br /> PaY�e-
<br /> �,lNlmrtgsge I�surartce.If Lender required mort�uge insutvme as ss mrtdiGon of makin�the loan secand by this Security ��
<br /> Insm+ment. Borrower shall pay the pmmiums required to maintain the mort�age insurance in effect. If. for any reason. the •
<br /> mortgage insurance coveru�e required by L,ender tapses or ceases to be in effece,Bomower shall pay the preauums required to .
<br /> obtain corrern�e substantially equivalent to the mortgage insurance previously in effect,at u cost substantially equivu(ent to the "
<br /> cost to IIcJrower of the niortga�e in�urance previously in effect, from an altemate moRgage insur+er approved by Lender. If •
<br /> subswntis�[ty equivsilent mortgage insurarece coverage is not avai(able.liorrower shali pay to Lcnder each month a sum equai to �
<br /> one-twelfth of the yeady mortgage insurance premium being paid by Bonower when the insurance coveruge lapsed or ceased to
<br /> be in effect.Lender witt accept.use and retain theQe payments as a loss t+eserve in lieu of mortgage insurance. Loss reserve
<br /> w.m ao2s srso
<br /> ,`� Pepe 9 or e
<br /> I
<br /> �• `+1' --_.. _ - . . _.. . . . . .. . .. .. • . „ _ti:.�. ,l. _ . ..:r !. .s..� . •.n� —�s-�-�
<br /> i.x° -
<br /> a �,/q, �- ��' ,� ' • • ' • � • . rs ,.,.�' ,
<br /> 2'� .'Ji, ..T�q''.Ypn v' - +5 � .. � .�+h� X�' .�5 i,. ' . .. . -� q..
<br /> .j".{g► � -o- � . - ' � .. - v - _ '��,� . 2F_ � - _' ., � .
<br /> �` �.. ' :`�M1, �[y�r-, w �\
<br /> ��7at��T- ';�. '�.. � . ' . . .. . ,.` '� . }r I����� _ . .. ' .. ,
<br /> .r•wwi. �-�w, Q�
<br /> •-�r' ' .. - - � ' . .. �' . .. .. .
<br /> .�yy ,
<br /> y1%3i' . .1• t0 �_. . .. . . _ .. �:� e ,
<br /> n r..'� ;Y.w. . . . .. �:.�
<br /> . . r�
<br /> .f�� \_(� . _. _ . . . ._ o . . �..5 �{� i . .,
<br /> �'i7��•"��. �� ` F , ' '� • V � •� D ' " � ' . . .Y.�l`xJi�' . ��:�'i'�.;; . ., '
<br /> .� .i !l'.
<br /> �y.ZF:�f-.u'���C �. . . ' ' _ .... . ...'C'� ��.U'Y � �
<br /> -:� , .?�'�.'+.t'r.c�.�...., ... ... :i' � . � .. � . . � . •� �
<br /> � � „ m"';.t".'�� �Al
<br /> �Zja' .� . r.. . . .. . . . . ° • :: . •�'' '. .' .
<br /> .�.`.� ...� - �.•-r ♦`
<br /> � �
<br /> .� . . : o .. . ��" .
<br /> .
<br /> ti. 1. :i-.s i .. � ... . . ,
<br /> i
<br /> �� • ..L.i ., .... .. . .. -V :� 7'�:� ... ..
<br /> �•� � . ., � . i' '�1� ..
<br /> f r�j.,-f,-t �. a > •a .� . •,• . . . . „ .� . � j . , . .,
<br /> 'r� ��s'°��� rti"'• 4yi)�� � �'' . • �.i� f�s y., <,
<br /> 4� �tY.M�Y`I4�\l`w >4�l��L ]�!'�� : . ��.<� _ � i . ...•y ` V .
<br /> ��.�T� �1
<br /> ..f,•�. �.1���•. v'y.� .. \'i.� `�..� - . RA. . , '. .�� � ' �'{t•'a - . .. ' ,
<br /> ,'�� �Y J• . .. . y+ ' y -
<br /> :�' ,iv'.'. � ., �� •` / ' . s, , K . .. - n ����7�y'a.' :�S .r ,� � .. .. �
<br /> •,�'.�'�':i.-'����wY F��•�.L � . . . . ','• . «�S,IiI..A 'a:�ti:sr...ti'• . ... � . .. .� .� . v1lJ�sHS�^�.� �;l��l t. . .. - . ,. i
<br /> 14 -
<br />
|