|
1'r''-di ' y'�S� ��..+t:4't};' ' �'i �'�x � � '•t � '5,�i'.�°^�.N;S, `;t;'>
<br /> i�a�:,S.1�31j��(.�!�. ,,.�"., ' _ � . . '�I�nt+,✓d�u'
<br /> . ,. °�; rt�----
<br /> _ .. . �� z.-, �
<br /> . . _ .. . .. . ,� .. . ..`.. .. . . .,.. � .. .. . � . ..
<br /> � � , . . , . � � � 9� i�..35 . ., � �t
<br /> S. �wurd or l�+aperty Ineunnee. 9n�+rawer eh�ll keep the irr�rovsn►ent� naw exiaing a heriwft�c a�e�eled o� tM
<br /> pra�x;rty insurcd���atnst Inss tsy fire, hay�a��fy includeci within the tcrm"cxtencfeQ cavrrage" e�i qny cNher h�xa�d�, includina
<br /> ftu�ls or ilcx�ing, fi�t whieh i.cr�der requires insurqnce. 'This insurence shx�l be muint�i�xxt in th�amcwntn rnd fo�the periad�
<br /> thxt i,endor roqairev.'i'he insurAnce canier providin�the lnuurrnce Fh�l1 lx chosen by�onnwer eubject tn 1,��#r'r Hppr�vtl
<br /> ; whieh xhwl) �1 ba unreawnab�y w(thheld. If Bnrrower fiile to m�intain caverage dacribeci�bc►ve, l.a�der mry, �t i,ender's
<br /> bpion,obtain coversge ta ptatect Lenaer's rishte in the 1Proparty in rccnrdsnca v►itri pnragroph 7. ��
<br /> All insureuke policies and renewAl� eh�ll be sccxps�►te to I.�endar ud ehall includ�� st�ndf�rd mort�a clause. 1,a�der
<br /> F{i2II�i�lVk�lli�l��ji1 1Q Il(tlil IIiC�3tlIiC�Ca Ai1�TCA.a�als.If La:ader rc*;ti�inw�F3nrrn�vr.r chAtl j�nimjnly Llve t�.i,rrHi.•.a n{E recri;�9s ef
<br /> paid pnmiums and renew�l nocicae•In the event of lo�s,Horrawer etwll�ive prompt trotice to thC insur�e c�ier+u�d I.eoder.
<br /> Lcndcr may maite proof of los.s lf not made promptly by Borrower. ��
<br /> Unless Lendcr end Borrower othcrwiso egra in wdting, insuranca procads ehall be applial to restoratlon qr npair of the
<br /> Properry damaged,if the restoratlon or rcpair!s economically feaslble and Londer's security is not lcssened.If eho rest�ratfon ar , •
<br /> - repair is not economteally feasible ar I.ender's ser�sdcy would be lessened.Ihe insuranct proceeda shall be Apptfad to the etemt
<br /> securod by this Securtty Instrumant, whgti►tr or aat t}!en due.wIW eny cxeess paid to 8�rrowet, 6f Ebrrower sbamlor�s ilts.
<br /> Property,or does not answer withia 30 days a notice frnm Lendar that tlk insurnnco caMer has afferal to settJe a cl�im,then
<br /> Lender roay collect the insurunce pr000eds. Leuder may use the pmceeds ta repair or rcstoro the Froperty or to psy sua�e
<br /> secured by thia Secudty Insttument,whethsr or not then duo.Tha 30-day perfod will begjn when the natic�Is given.
<br /> Unless Lender and Bonower oiherwise agree in wrIt�ng, any application of prqceeds to pdncipal shall not or.tend or
<br /> postpone the due date of th�monthly paymenta referred to in paragraphs 1 wui 2 ar change the amount of the payments,,tf `�'
<br /> under paragraph 21 tha Froperty is acquired by Lender,Borrower's right to uny Insurance poUc3es end pmocais ncsultIng from
<br /> daznage to the Property pdor ta tha.acquisitloa shali pass to Lender to the extent of d�e sums securcd by thi�Sesurity Instiwne�rt
<br /> im�n�iately prtor to the acquisidon.
<br /> 6.Occupancy,Freservation,Nlaintemacece and Protectlon oP the Property;Borrosver's Loan Elpplicatlon;Lcasedoldv.
<br /> Bocrower shaU accupy.establish,und use the Property es Borcower's prtncIpa(resIdence withia slxty days after ths exxudon pf
<br /> thia Secur�ty Instrument and shall condnue to occupy the Property as 8orrower's pdneipul residence for et least one year after
<br /> the date of accupuncy, unless Ixncter otherwlse agree.c in wrtting. wh9ch consent shall not be unreasonably wittilield,or unless
<br /> extenuuting oircumstancrs exist which are beyond BorroWer's Sontrul. Borrower shall not destmy. damage or fmpair t4e
<br /> Praperty, �lluw the Property to deteriarate, or commit waste on the Praperty. Borrower shall be in defaalt If any forfei¢ure
<br /> aiction or proceedin�,whether civil or criminal, is begun that in Lznder's good faith judgment coald result in forfe3ture of the
<br /> Property or otherwise materialJy impair the lien rreated by thIs Securit}�.Insuument or I.ender's security interest.Borrower may
<br /> cure such a default and relnstnte,as provided in paragcaph 18. by cuuxing the actian or proceeding to be dlsmissed wEth a iuling
<br /> that, in Lender's gaad faith determination. precIudes fvrieitun ui ihe Bvrn,wc:'� intc��.,t iti tlic Fru}ic�iy ur vthcr inaferiai
<br /> impairment of the lien created by this Securlty Instrument or Lender's security imerest. Borrower shull also be in dofault If
<br /> Borrower.dnring the loan appllcation process,gave mater�ally false or inaccurate informatton ar statemen�s to Lender(or fgllod
<br /> to provtde[.ender wtth any mater�al int'om�ation)in connection wtth the Ioan evidenced by the Note,includins.but not limite�
<br /> to.represenwtions concemin�Borrower's occupancy of the Properry as a principal residence. If thIa 5ECUdty Instmment ls on a
<br /> leaschald, Borrower shall comply with alt the provisions of the lease. If Bonower acquires fee title to the Araperty. tho
<br /> leasehold and the fee tltle shall not merge unless Lender agrees to the merger ln w�lting.
<br /> 9.Protectton of Leader's Rights in the Property.If Borrower fails to perform the covenants and agceements wntained in
<br /> this Securtty Instnunent,or there js a legal proceeding that may significandy affest L.ender's ri�hu in the Property(such as a
<br /> proceedln�in bankruptcy.probate. for condemnation or forfelture or to enforce laws or regulations). then Lender may do and
<br /> pay for wi�atever is necessary to protect the vulue of the Property and I.ender's dghts in the Property. Lender's actlons may
<br /> Include paying any sums secured by a lien which has priority over thjs Security Ipstrument, appearinQ in court, paying
<br /> reasonable attorneys'fees and entering on the Property ta make repairs.Althou�h Lender may take nction under this parngraph
<br /> 7.Lender does not have to do so.
<br /> Any amounts disbursed by I.ender under this paragraph 7 shal! become addfdanal debt of Borrower secured by tt�is
<br /> Security Instrument.Unless Borrower and Lender agree to other terms af payment. these amuunts shall bear intcrest from the
<br /> date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Barrower requesting
<br /> payment.
<br /> , 8.Mortgage ir�surance.If Lender requirai mortga�e insurance as u condition of makin�the loan secured by this Security
<br /> j InsUument. Borrower shall pay the premiums required to maintaln the mortgage insurance in effect. If. for any reason. the
<br /> � mortgage insurnnce mverage reyuired by Lender lapses or ceases to be in effect. Borrower shall pay the premiums requfred to
<br /> � � abtain coverage s�bstantiatty equivalent to the mort�age insurance previously in effect,at a cost substantiaUy equivalent to the
<br /> V �' cost to Borrower of the mortgage insurance previously in effect, from stn ntternate mortgage insurer approved by Lender. If
<br /> ' "�r'� i substantinlly equivulent mortgage insurance covera�e is not nvallable,Bornower shall pay ro Lender each month n sum equul to •!�.
<br /> ��'�. :-.,: ;:.
<br /> ..,,�,;;�,,., one-twelfth of the yearly mongage insurance premium being paid by Borrower when the Insurance coverage lapsed or ceased to .
<br /> 'J`"`'��r'� be in effect.Lender will accept.use and retaln these payments as a loss reserve in lieu of mort�age insurance. Loss reserve ,��
<br /> ��`,.. .'�.
<br /> ' r��'.;•"�" Fotm 3028 8/90
<br /> - '*`y�. yw - -
<br /> g °��';� vogoaoea •'�
<br /> ��- �
<br /> y .. ,
<br /> ��i�.4.� (,"�'�.A..��' ,�.:..t ..... � .. , , . _ rtr�.. . � � . `_.:ii.y}c�C"� i<i.:;,. • 5 .' r—avV--nv�.�T...
<br /> 15..���- ��.. � . . .
<br /> tK'- .4� .!v . .. K u� k Y ..
<br /> �1'7: ' .. J, _... ' . .6 . . ' . ., . :ltY ' ..� . .� .-O .
<br /> ` � � . . .� . � • .. ;.l l�. �• ;n�±l•,T' � . o
<br /> •� [��� .� O U - - . . . . .. • ..��.,r��ji �'j�� t - .. ' - � .
<br /> ��r? U • ..,� „ . . ' . .� . �� �.�� S }ltS�1(IS��r. �•• . , • ... .
<br /> :��` -� „ - .. ��.:.��1_ `
<br /> ., o-� . Kx - . ...
<br /> yed 5 t 7�¢ ' +J.. . .. . ; ' ' .. rN °�yt ��.�,. . . � . " u ..
<br />- .-ti"''�i.^;rdV1°P , . �t. . . .. ..�.' � ..n �a�;. , .
<br /> `:\�,': r � �.�� " ' - .� .. - _ u >i,1�:�N,. �x �i Y .� . ..
<br /> , :,'��. , .. .. • ., . ,,;.;,r�w;:, r �+• .
<br /> 'e�`4T�Y.'� ' . - �t�' _• '- - o .. ..��' .. . � � ; � ... �...t Q:�. �.Y�+. - . n
<br /> ,L��. •i. ��Y.�' . . .. .. . ' �'�� _ .
<br /> - '�y,L .y �. ., ' e � ��- . - \l
<br /> Jat. ?' . ' • .. ' ... � . � � ::1� ):� ' � �,
<br /> �:,��'.�r „ . " •' ' -' ; ., . � •• ' ..`'�°' � .w ,� . -. . ,
<br /> �� , ' ',V 9. .. - .. , .' , t�a�� 4,C_.� � - . „ ..
<br /> r � ���. .l. ' ' .� � .�. . . . . . . - .. .. ' .. �'':�'' . .� „ 'i, ;� . _ . . 1
<br />' •-:.. . . ., � ,
<br /> .� : ,
<br /> .. i � . . �., �� ., , �
<br /> .
<br /> i.. ..' .. .,. ,. . .. . o . ' .. ' .. �. � )
<br /> . �' `�. .. ' - o • . .
<br />
|