|
. . . . f� . �'o�L��1�� �� . ���`�� � • '�(:;���•�� � �i�fftii'.�'$�ridl+':{,"I.�,,�F . ..
<br /> :)..t: r,; f} �;1. ' 1 ,. .. ..l
<br /> , . `./� . .
<br /> . . .,
<br /> . ;;' ' : . ..,. _ ___.__._.__...�_.--
<br /> . 'il. � . •� '-- � �' . . � '�Y��:3'�L.___
<br /> .
<br /> . - .� •' r�.. � � ___ A_���- .
<br /> �! • � ... . - ., ♦. 1.�,��� . .. � . -_ _ T{et'L.. ——..._�_..-.
<br /> ., : • ` .. , __-
<br /> . ����.,. .,,. . , ...,.- : j�v''F�' '� ��7 �!1'9�4LSe��.:'-::.:..
<br /> •: ' � ,r,�l y�.V�4��''}, ^4•• ,. ,�� . ' r !'�y�'�� ....,...w�..,w _
<br /> 4 .y _ i.
<br /> _-""`Ma� iAI'J!�N'17.7iFIDiEM1� ` pg�y�y� _.��-- .�._•• .. .•�-:-••�r. '.. _ ASt)1Csf�van-avau .-..
<br /> wrww����vr. .�...s�.n-az�.,�� -,�»v. ... _
<br /> �- ..__...,.._.._..,,. . . . .w..,�-' '-�—_-r--.l...�,,,i, •• -. "Y••��i" � ____- --
<br /> -. ....,..,. ..,.,�J. '-.��. _:._i+.�.rww �'+•:arC"ri�'..Ti.LZY..x."-.�7.'�va7��r�c-_ _.r.
<br /> =-•-'arfi:Jalg:�'9rSr..[7�""_ """a'a�'"�� ��� .. . ' _-. -
<br /> .-_..:-`_-`-:__�iii_i%i�aii�i /� ' —
<br />�i�;.;;�=.y���-:��r�.��,' _ . . (��.q�.��'I�i� ,
<br /> S.�Y�zerd ar Propmr8y Iueure�so. �a:ruv�er chnl! t�eep tho iniprovements n��v exictinb or her�elter crGCtGCI ai -
<br /> tho I'rn���ty in.ured o�;oin:�t tora�y firu,hazned:� incl�ded cvltiiin 9he scrrn °ox4cnded covcrab�°rr►d c�ciy a4jic,ji��.:,su�, �'�•-
<br /> " inelteciit��fluar9�o► Q1ar,di�iP,Qa,e!{IlEI1 I.CiI(�cr rc��ui`c� ia�ur�nco.1 i�in i�e�uraiieo r:S��ll i» ���nmy:�ir,,::�in 4h�('�fidtiti,u'i �_. ,
<br /> � � and 2or th���siocla thnt L.cnder rcquirca,'�'ho ic�curQnc� ca`�icr pr�viclln�;eiio iusucanc�%S�nll Ua �.;ha::�n F�y l;ax,;�..:,:� � _
<br /> . , ° ��' Qabf ect to l.cndee'e approve!which rihall not bo unreaconebly�vithhol�l.It 13arrower�ailo�o�neinteia�cczvera�a ci��rrjherl
<br /> °, ' ebnvo,I.ender moy,�t l.ender'a optlnn,obtein coverege ta protect I�ndcP'o righta in tho I'rnpertv i�w ncc�rdtnco with _
<br />=;:� �;•t�,• paragraph 7.
<br /> All 9nourance policies and renewals ehall bo acceptable to I�ender and r,ha11 ir�clude e etanderd mortg�ga el�une.
<br /> I.encier Aiisll i��va the righ2 ta Swld ticc�:alieic:. cnd �::s�er:nlr.. It Ir�ndcr re�uice�. 13artoti�er eh�+ll�t'nrrantly Eive to _ _
<br /> _:��' •� �, � Lender ell teceipte of petd promiume end renowal naticea,b the evant oi lose,Borrower shnll givo prompt notice to tho
<br /> ' ' ineurancn cerrlor end L.endor.Lcndor mey meke pmoi of lasa it not made prom�tly by&�rrowar. —
<br /> , � �. �-� Unlese I..ender and liorrower otherwiso egrea in wrtting,insuranco procceds shell bo applicd to restaretlon nr rep�ir
<br /> � ot tha Property demagcd,it tho restaretian or repatr ia ecanomically[casib:o end Lender'e securit�ie not lcseenect.It the
<br /> restoretion Ar ropair ie not economieally teasible ar I.ender's security would bo lessened,the insurenca procoede shell b�
<br /> "., applied to the sume secured by this Socurity Instrument.whother or not then dua,with any oxc-ss�id to Barrow�r.IP _
<br /> Borrower abandons tho Property,ot doea nflt anawer within 30 days a notica from I.ender that the insurance csrricr h�.9 �
<br /> � oftered to r,�ttle e claim,than Y.ender may collect tho iaeurance praceeds.Lender may usa the ptoceeda to rapeir ar
<br /> restore the Property or to pay eume secureci by this Security Instrument,whether or not then due.The z0'dny perFod wi{l
<br /> " "' � begin when tha notice ie given.
<br /> Unless Lender end Bonower otherwisa egcee in writing,any applicet�on ef proceeds to�rincipal shall n�t extend or
<br /> } postpane tha due date of the monthly paymente r�[orred to in paregraphs 1 and 2 or change tho emount di tho paymente.
<br /> � . ; It under paragraph 'll the Prope►Ky is acquired by Lendcr. Borrower's right to eny insuranca polIcica and psoce�ods
<br /> � • • resulting from demaga to the Yroperty pnor to the acquieition shall pass to Lender¢o the exiezt oi the surae sccur�:,d by
<br /> �� thie Security Inetrument immediately prior ta the acqu�s�4ion.
<br /> �� . �• 6.qccupancy.Preservatioa�M�intenaace ind Pratection Q!tho Property;Borrower's Lwn Application;
<br /> � �� LeayohoYds.Borrower ehall occupy.establish,and use the Property ea Borrower's principal r�,�idence within sixty days _.
<br /> nfter the execution of this Security Instrument end ehall continue to occupy the Property es Borrower s principal
<br /> residence Por at least ona year etter tha date o4 occupancy,unle�I,er.der otherwise agrees in writing,which con�ent shall _
<br /> � � not be unrensonably withheld,or unless�stenuating circumeWnces exist which ere beyond Borsower's contral.Borcower
<br /> shell not destroy,damaga or impair the Property,allow the Property to deteriorate,or commit weste on the Praperty.
<br /> . Borrower ehall be in default if any forfeiture action or proceeding,whether civil or criminel.ie begun that in Ixnder's _
<br /> � � , - good faith judgment could result in forteiture of tlie Property or otherwiso materially irapair the lien created by this
<br /> Security Instrument or Lender's security interest. Borrower may cure svch a default and reinstate,as providal in
<br /> parnpraph 18, by causing the action or praceeding to be dismissed with a ruling that, in Lender s good faith
<br /> dBtCfillil1St10A,precludes forfeir�re oi the tsorrower's�nteresc in ihe Froperiy��r ou�cr me¢��iai i��iyxi:�«<e;d uf i�iv:i..i+
<br /> created by thie Security Instrument or I.ender's security inter�t.Bonower ehall also be in default i[Borrawer,during
<br /> the loan application process, gave materielly fnlse or inaccurate informntion or statements to Lender (or failed to —
<br /> - � provide Lender with any material information) in cannection with the loan evidenced by the Nota,inciuding, but not
<br /> ' limited to,represesitations conceniing Bonower e occupancy oi the Property es e principal residence.If thie Security p""
<br /> Inatrument ie on a leasehold,Bonower shnll wmply with all the provisions of the lease.If Borrower acquires fce title to ��-
<br /> the Property,the leasehold c►nd the fee title shall not merge unless I,ender agree.s to the merger in writing. '=-
<br /> � � 7.Protoction of Lend.er's Righta in the Property. If Borrower fails to perform the covenants and agreementa �'
<br /> '.'��;j: wntaiined in thie Security Ittstrument,or there is a legal proceeding that mey s�gn�ficantly affect Lender's rights m the .r
<br /> �:",'ti�� . Property (such as a proceeding in bankruptcy, probata, for condemnation or forfciture or to enfnrce laws or �-=
<br /> reguYetions),then I,ender r��ay do and pay for whatever is necessary to protect the valuo ot the Property and Lender e
<br /> righte in the Property. I.ender's actions may include paying nny sums secured by n lien which has priority over this
<br /> � Security Instrumant,appearing in court,paying reasonable uttornays'fees and entering on the Property to make repairs.
<br /> :' • Although Lender may taka action under thia paragraph 7,Lender does not hnve to do so.
<br /> ' '�ti�•;',;�t�;;�:', My amounts diebursed by Lender under thie paragraph 7 ahall become additional debt of BonoNer sFxured by this
<br /> "'''`•!:�°';��; �•� Security Instrumen4.Unless Borrower a�i�Lender ag�ee to nther terma ot payment,these nmounts shall bear interest
<br /> � ''��': from the date of c�isbursement at the Note rate and shall be payable,cvith interest,upon notice from Lender to�urrower
<br /> �� '` requesting payment.
<br /> � ,.. 8. Mort�age Insurance. If Lender required morcgflge insurance as a condition of rnaking the loan se�;ured by this '"_�.,
<br /> t Security Instrument,Bonower shall pay the premiums required to maintain the mortgage insurance in effect.If,for any ��'��
<br /> '� reason, the mortgage insurance covecage required by Lender lapses or ceases to be in effect,Borcuwer shall pay the (
<br /> 3 premiume cequired to obtain covernge substsntinlly equivalent to the mortgage insurance previously in effect,ut a cust �
<br /> �, substantially ec�uivalent to the cost to Borro�ver of the mortgage insurunce pre��iously in effect,from an alteraas� �
<br /> � ' „ mortguge ins�r�er approved by Lender. IY Rubswntially equivalent m.ortgage insurance coverage is not available, �
<br /> ` ' Bore�ower ahall pay to Lender euch month a sum equel to one-twe]fth of the yearly mortgage insurance pramium being �
<br /> paid by Borro�ver when the insurance coverage lepsed or ceased to be in effect.Lender will uccept,use and�tain these �
<br /> : " payments as a Soss reserve in lieu of mort�age insurence. Loss reserve payments may no longer be required,
<br /> :
<br /> � :
<br /> � Ferm 904! 9/90
<br /> . Q�—BRWqco:i�i aq�3 ar e Initl�ln:
<br /> _ r , i
<br /> r .
<br /> . � . .._.._._--_—_ _ .__......"_ . '.. ... .
<br /> '_'""'"'"'...._"'TM'......_.._..._....__....._ ._...... .... ` .. .. ._ ... �
<br /> � . _. .'.,. . . . . • . .. .. ..1i,..r. .M}w.\: iM• . - .. �.
<br /> __�_ _.._. .____.__ _. �' ..__...__. .. _ _ � � � _' _______...
<br /> _ ___.____. --�. .-�._"_-.- --.. ... _ _ ....... . .......... ..... .... _.___.._. ._.._. . .� —.— �__. _...__.- . ...
<br /> .'�.__"._ .. .
<br /> � ` ��
<br /> 1� .. .. .. � � .. .� " . .
<br /> r . .
<br /> � � � . „ „ ,, .. .
<br /> - � ,
<br /> � � � ' . " •_. . ..
<br /> , ' " , . ., -� �,
<br /> �
<br /> '� . " • .. <: - :
<br /> � .
<br /> � �
<br /> . . ..
<br />
|