|
. __ -_-..-......_,sMMMl���_..-,�...,,-..�.�,....,., ,_ __ �t�v r�,_...m�,..�...r.,. ..
<br /> . J�.�..,,n.-;;,,,.�� . -.._. �.�t I�qIpMNr�N9M+p�"+�w+wrw.r: . .,
<br /> . �:a'�'?�MN�Al1�9 iM�laf�ti'1��'- , I '
<br /> . � . s'ir:C.°Y�i.�� .'��1� L�.'.:li. . , .
<br /> � �. —'
<br /> . . � . ..�� �,, .. . ,�. _- _._
<br /> � I➢AI �'���'�kl+tM1��: . � =- - -
<br /> . '"' _:.�'�ai.r._ --. ---- - — - -- _ __--=
<br /> . -�t -I --- --- ---- ' _ _ _ "'"�' _
<br />— �,� ..
<br />. s= : '-.___-_ �,..
<br /> .,v�.�-.,...�.y� -,ytrw /� �
<br /> ��,qt;�•�7�:���,
<br /> `i,)��,%,��'.� ��r;lYi eG<�1,!t, �
<br /> _ ° �. 8�t:,>.a�ti ot• 6'.agi�,�ay Ht���tab•i:eu::. t.+nrc��vcr !,iiull l;ccp thc imt3rovc�uu:n��� nnr� cxc�dul; ur itc�.;aficr �rcr�c�1 «;i tiic r_
<br /> _-=_-=-_ _- Property insE�rcd nr,ninst lo,s by iirc, i�osards incluclal within Iha:tci•m "extendcil c��ecr�Fc" nnd �ny ntitcr 6nz:irJs, iuclus�ing
<br /> - --- - t�focxls oe iloodin�, for vrhich I.endcr rc��uircY intiurnncc. This in�urancc s:hall hc m�intaincJ iiti tlic nmiiunt9 und �'ar tl�c��s:ri�ids
<br />� � that I.e;nder requires. Ti:e insurance currter E�roviding tho I►isurnnce ti1i�11 he chos�en !�y �3nrrower subject to Le�ader's np�roval
<br /> —="'"'-��'� �vhich sli„II not be unreasonab�y withitield. If(3o►•�•u�vee fniir� tti ni�intnin coverage ctesrril�ed iibave, Lci�der may,e!t l.en�ler°s
<br /> . , optian,uhtnin cavcragc to prutcc;t I.c�zdcr's rights in the{'ro�fcrty in nckor.lmi�:c wiih paragra�fi'l. r
<br /> — All insurimce �licies nnd rene�vals shull bu ncceptable ta L.ender tmd shnl! include n �tnndnrd anoitgage clause. l.ender
<br /> -- --- -= sliall ituvc�hc right to hold thc policics iind renew.�ls. lf I.endcr rcquires, porrowcr sliall promptly givc to I.cndcr all rccci�ts af
<br /> --- paid premiums iinJ renewal natices. L�the event cif loss, Dorrower sl�sll give prompt n�ticc ro the insuran�e canir_r nnd I.ender.
<br /> -_-—_ [.endcr m�y makc proof of loss If not ntadc promptly by Bor�'owcr. •
<br /> --- Unlcss i.e��der and Horrowcr othcnvlsr,ngrce in wrftins, insurnncc procccds shulG Hc t�ppflcd to restnrntion or rcpair of the
<br /> _ _ _
<br /> -=---
<br />� --- -= Property damaged, if the restoration or repair is econamically feasibie and Lender's security is not lessencd,�f thf.;resturatw�i oe
<br /> ����:• repair is not economically feasible or Lender's security would be lessened,the insurance proceeds shall be Applied co tle sums
<br />����=�_� sccurcd by this Security lnstrumcnt, whether or nai then duc, with �ny excass paid to Borrowcr. If Borrower nbandons th�c -
<br /> -_-_____�';� Froperty, or does not answcr within 3U days a notice from Lcndcr that thc insurance carrier hus d[fered to scttle n claim. the�
<br /> -- ---"'� Lender may colleet the insuranee proceeds. Lender may use the proceeds eo ceplir or restore the Property ar to pay sums
<br /> --�_.�-= sccured by this Security Instrument, whcther ur not thcn due.The 30-dny period will begin when the notice is given.
<br />��"��a Unless i,ender and Bnrro�ver otherwise ag►•ee in writing, Any application of procccds ta principal shall not extend or
<br />--°�����.trt�"t,d� postpone the duc date of the monthly payme�its referred to in para�raphs 1 and 2 or change thc a�nount of the payments. If
<br />=�:,�rr����:,.,T;:,�.,� under parngraph 21 the Property is acyuired by Lender, 8orrower's right to any insurance policies an�l p�oceeds resultin� from
<br /> ;'��,;,:��;s,T.:�`; ;�.;•_:, damage to the Propeny prior to the acquisition shall pass to Lender to the extent of the sums secured by this Securiry Instrument
<br /> '��`�� immediately prior to the acquisition.
<br /> .�.`'°''�"a'a.`E�n�, ''
<br /> -�� �� _ • ,r 6. Occupancy,PreservstEoai,Mufntennnce nnd Protectiai of t3�e Property;IIorrower's L�,nn Appltcatlona I.easeholds.
<br /> _�,,,�,�.
<br /> =_--�=:;�'41�=� q��i r' Bonower shaU aecupy, establish,and use the Property as Borrower's principal residence within sixty days after the execution of _
<br /> �:f .. �'..�a;;
<br /> �!�=��`.;'�"" j� 'r :���' this Security Instrument and shall cantinue to accupy thc Property as Bormwer's principal residence for at leust one ycar after -
<br /> �'������ h � F,{� the dute of occu anc unless I.endcr othenvise a rees in writin wf�ich rnnsent shall not bc unreasonably tvidiheld, or unless =
<br /> �.�' _
<br /> 1�;'a;•��'.{`'.� ' ::'`:.• P Y� s �•
<br />__ 1 '�:i+,��4'; ��Il�.
<br /> ����F�r:. •.,�,t,; ..;, extewating circumstances exist which are beyand Borrower's control. Aonower shall not destroy, damage or impair dte
<br /> :.�.,��,j�3��4�z�:.• ': ; •'• PropciTy, allow thc Property to deteriorate, or commit wuste on the Property. Borrower shaU be in defn�lt if any forfeiture
<br /> ` << ' � � �ction or proceedin�, whether civil or criminal, is begun that in l,ender's good faith judgment could result in forfeiture of We
<br /> '�T��'�`;�'���'�`'':''``�k�'� Pro ert or othcrwise materiall im air the licn cru►tcd b this 5ecurit Instrument or Lender's security interest. Horrower may
<br /> ..:�,,:,;. :,� .:,, .• P Y Y P Y Y
<br /> '•'•' � •� a • • ' � cure such a default and reinstate,as provided in para�raph 18,by causing the uction or procecding to be dismissed with a rulin�
<br />'����; ��':. •'.,....�.' .
<br /> �sy.:,,;-,•.-. ; � � tliat, in Lendcr's good faith detcrmination, prccludes forfr,iturc of thc Bon•ower's interest in the Property or other material
<br /> -'T��,�w�•..�,;,..�-,'���� impairmcnt of the lien created by this Security Instrument or Lender's securiry intcrest. Borrower shall also 6c in default if
<br /> `''�+-"�•"��"' Borrower,during thr,laan upplication process,guve matcrially false or inaccurate informtition or statemcnts to l.c:ndcr(or fniled
<br /> �ti� '..:-:�:,,.�� . .
<br /> -,'••�':t:�:�,�?'Tl%•�< . to provide Lender with any mnteriul infarmation)in connectian with the loan evidenced by the Note, incluJing, but not limited
<br />-'�'�?"��'!�'"�K*�'•�� to, representations concerning Bormwer's occupancy of the Property us u principul residcnce. If this Securiry Imtruntent is on u
<br /> " °` leaschold, Borrowcr sh.dl wmply with all the pruvisianz of the lease. If pnrro�vcr .�cquireY fcc eiUc to tl�e Pruperty, dte
<br /> � � `�"'�'��'� °` Icuschold and thc fcc tiNc shall not mergc unlcss L.cndcr agrccs to thc mcrgcr in writing.
<br />_S.L,.��,:eMy -..._; >..
<br /> �11�. �� • 7.Protection of Lender'y Rt�hts in the Property. [f Borrowcr fails to perform the covcn��nts�md ngrcements contai�ted in
<br /> �'r's::. .'. '�•;
<br /> _.,�;�;.:.'•�J�' ° � this Security Instrument, or there is a Iegal procecding thnt may significuntly xfl'ect l.ender's rifihts in the Propeny (such ns a
<br /> _,s.,=��•�-„
<br /> __ .�_-�4�� proceeding in banktuptcy.probate, for condcmnation or forfeiture or ro enforcc laws or rcgulations). thcn Lcndcr may do an
<br /> i,.,.�N:�•.
<br />===Td�r"°'"�� . pay for whatever is necessary to protect the value of the Property und I.ender's rights in the Property. l.ender's�ctions may
<br /> ="�':�`.�`'"�.`�"�`"'' �� include paying any sums securcd by a licn which has priority over this Sec:urity Listrument, uppearing im court, paying
<br /> ?'S�F'':�� ���"�"a � " reasonable attorneys' fees and entering on the Property to muke repairs. Although Lender may talce action under this paragrapl�
<br /> .:,:i:~.. � .::�a '. 7, L.ender does not have to do so.
<br /> __ �. . Any amaunts disbursed by Lender under this paragraph 7 shall become additional debt of Borcower secured 6y this
<br /> -�f Security Instrurnent. Unless Borrower�nd L.ender ugrce to other terrns of paymcnt, thcse umounts shall bear intcrest from the
<br /> date of disbursement at the Notc ratc and shall be payable, with intcrest, upon noticc from L.ender to L;orrower requesting
<br /> ..;�.-.- ..
<br /> - , , paymcnt.
<br /> ::,ti_
<br /> 8.Mortgabe Insurance.If Lender reyuircd mongage insurance as a condition of muking the loan secured by this Security
<br /> �'- lnstrument, Borrower shall pay the premiums required to maintain the mortga�;c insurance in effect. If, for any reason, the
<br /> ' mort�age insurance coverage required by Lender lapses or ceases to be in effect, Borcower shall pay the premiums required to -
<br /> __�"t � obtain coverage substantinlly equivalent to the mortgage insurance hreviously in effect, at a cost substaniially equivalent to the
<br /> � • �� cost to Borrowcr of the mortgage insurance prcviously in cffect, from an alternate mortgage insurer approved by Lender. If =
<br />___�� xubstantially equivalent mortgage insurance covcragc is not uvailable,Borrowcr shull pay to Lender each month a sum cquul to _
<br /> one-twelfth of.the ycarly mortgagc insurance premium bcing paid by Borrowcr when the insurance covcrage lapscd or ccaseci to
<br /> . � be in effi:ct. I.ender will accept, use nnd retain these paymcnts as a luss reserve in lieu of mortgage insurance. I.oss reserve
<br /> Farm 3028 9f9Q
<br />.. 1 . .. Poflo 3 0�o
<br /> -.,.,'�. , .. -
<br /> � 1 ,i>� � .. =.
<br /> �rl � � -- —___-�'---'-.�^r^r-.r.w..�r� '..�: —�,T�;• — --
<br /> .- ���
<br /> . . _.- _ _.-� _ .
<br /> -�- . _. .__._.__. ____��•i�..��.»-.�..�-.�:.:�o-�-�.v� � . -�' .; _ .. �. '_-__-,- _ __._ .- .._-__-_.- _._-__ ___-.
<br /> .....—,..-..,,�,�y�.�„�-r� •__'__ °_',J - , , .. �_ � ..
<br /> �. � , �, .• ' .. . . , .. " . . ' .
<br /> iR �
<br />-. l� . -.. _ ' . . . ' .
<br /> ��. , . . ' . � ' .i � .
<br /> - - . - . � . , . ,�.� , .
<br /> " �
<br /> � � .. .( �� . . : '� . � . ' . � .� .• - . ' ..
<br /> 1
<br /> _ • , t,
<br /> -j �� , .. . . .. ' . ..
<br /> � � " . _ �
<br /> � - c,�
<br />
|