|
T��__��____.:.- _ _ _____
<br /> _ __
<br /> . .___ - . - - .. .. . < __L�-- ^'n. _ , .. .. _ .. . .. . . . . _ _ .`,. . � ..
<br />' ' _ . . �� • ) _ < . _ • , , __.
<br /> ; - . ��R��C���,��d��"�f� � . - � � � ` :��:� -
<br /> `�9: k�`iar+�er.Prc►gierip Insu�a}sae..Sarrouer st�ll.keep the imprnve�ts r,�w_c!�3saY:g�ir�E��!!�a ser c`��ra ���. 'di� .
<br /> pra�}�ertY insa�red�gainst.t�ss 6y firz. Gz�sds irr:Iadtvc��vi3his the tQrm°e�tded cavttt�twgc'. a�ttny'at�cr h�a.td9, incI�:dit}g. �
<br /> flsuds�r flu�nding.fu�wEiich Isn�Cr.�quit�S�nstt�e.This insv�ze�h:!1 Le m:'sz�I8i3:ec!itt t�t,'&r�t*�s��4 t�pe;uw�3,. ' , . -
<br /> . that Lecuiet r.,quires.,Thc'insnrraas�e�rier proirldina fltE 1PLTi31iSIh�.SI72I�HE CZI4SCXi�l SitiTTOn�er subjecs N�stder's ap,�iiu��1 ,z. ,
<br /> � r,�hich shaU unt be nrire�smnabty witFihei�: If Basrrowrr fai4s tu�aln ebverage Q��c�ibed�ovc�: Lea�der may. at F.ascisr'�
<br /> agti,an,�stain cuv:ra�e to pro2ect Ler.�er's,rights in tAe Propetty:in asconi�cce wit�p�rag�p;�7. , • .
<br /> . Af! iasuiaac�policies atW ra�ecvats �I!tse accegtabl�to L�ndet arid Shall insluste a siaadan3�ong�e cla�sc.�i.rti4es
<br /> s9alID Gave tPce right4�ha2d t��Qotic�an.d r�ae�vals.If Lea�rrequlres.8usrower sli�ll�ramptty give to I.�e�all r�s.�i�sts af � , .
<br /> � paid premi�ms anA reaatival a�tices.tn ti�'event af loss.Sorra�ver s�ai{�ive(mamgt aoti�•ta tl����iL�amee�3�: � � , _.
<br /> � LeQder may make proof of►ass if aot�pmmptty by Eurro�er. , � . . ` ,., ' ,
<br /> lTn4ess Leuder and Borrower at8emrise agr�,in w�riting,insnmace procoeds shaSl be gppl�i t�c�.sia:atitin QY¢epair af ilte �
<br /> Pra�ettY d�ed.if thc reswratinu oa r�air is economicaUy feasi'ble and��'s seavity is aot tessened.I�tt�e restarat�an gr. .c �
<br /> cepais is not eoanouacaUy feasibte or L�ead�er's s�rity wautd be t�d.the insutaace pmoeeds shatt be agp�cd to tQe�s ' ;�
<br /> 3EC:ured by ttsis Sea�iry I�eirt. a�heah�r or nai thea dus.witb aay excess pai�to Borrower. If So�roKer abazxlans tisr ,.
<br /> Pnnperty,or does nat auswer within 30 d�jrs a gatice fmm Ltatder Rhat the insuranae ca�iter has of�-r�ttl s�tIe a claim„tkkn .
<br /> Le�aier may collect,t�e iasnzaace procec�s. L�nder m�y use the prooeeds ta re�ir or restore ti�P�o�rerty ar to pay s�u ` ,
<br /> secured bp t�is SecuraEy Instruraeat,w6ezlzer or mt then dne.Tfee 30-day period wili b�gin cvhe*s t6e notice u pvea.
<br /> Ureless Lr,nder and Borroc�er othecRr�se agme ia writinS,a�+ agplicatioa�of pmc:�eds to principal sbali�ot exfead ar
<br /> � Fust�one the due date of tha monthlY PaYmenu c�fe�cied to in pazagrag4ss i and 2 ar dtange thc a�at of the payments.Pf ' i=
<br /> �*P�g�Ph�'��P�`!!���aY�er:Borrowe�s right to auy t.��RCp policies au�p:ooee�ts res¢ttitrg.£�om
<br /> dauza�a�to t��mpeity prior w tiie�isision shall pass ta L�ader W tLe e.xteat of the sums sec�ued by this Secarity Iast�aetrs
<br /> . immediately priotto t6e acquisition.
<br /> 6.O�aPant9+I�vaf�o�+1V�siat�aaoe and Pt�ie�inn of 4he�ivperty;BonoR�s Loan A�tlon;LeasehW�.
<br /> �ar�n�r shall occayy.e.stablish.and use ths Peoperty as Borroaei's principal fesideuce within sixty dt�ys nRer the eaecutian of .
<br /> t$i,s S,e�rity Insp�u�nt and sball cuntinne to occupy the Pnaperty as Borraarer's principal re.cidenoe for at teast ane;e�aftea
<br /> the date of occ.�pancy.un2css i.eader othernise agees in wriring, cvhich canseat shal!not be un�easonably witl�hedd. or ualas
<br /> exteauating arcumstances exist whicb are bxyoad Bomower's eoniral. Borrowar shall aat destroy. dam�e or impair the �
<br /> �Frogerry, alla�r the Property to deteriorate.or comnut�vasce on the Property. Sorrower stra}1 be iu defaalt if aay far�ieiinre �
<br /> actioa or praoe�ding. whether cnnl or c�iminal;is 6egun that in Lender's good faith jad�tseat could c�uIt in forfeiUUre uf dzee �
<br /> PmpFny or athervrise materialiy impair the iien created Hy this Serurity Iasuvment or.Lec�der's securiry uitenest.Bamawer may
<br /> care such a default aad reuutate,as pr+avided ia pazagta�h 18.by causing the action or pnoceediag to 6e dianissQd with a niling
<br /> that, in �er's.good faith determination, pc�cIudes forfeitare of We Borrower's iaterest in the I>mperty oa other materiai = —__-
<br />: impaim�nt of the lien creat�by this Security Insuvment or Lender's sewriry intemst. Bofrower shall also 6e in default if i,-�-�:
<br /> Barcacaea-.during the lo�n applicz���pracess,gave materialty false or inaccauate infom�ation or statements to Lender(or failed
<br /> � to pm�ide Lender with any mat�4 informaaon)in conneCdon with the toan evidenced by the Note,including.but rtot fimited •�;
<br /> to.repre;seatatiuns concerning Borro�ver's ocacgancy of the Property as a principa!residence.If this Sc,�uriry Insuument is o�a :;
<br /> , [easeToold, Borrower shall comply with a11 the provisions of the lease. If Borrower acqaires fee title to the Property. the *
<br /> � leasehotd and the fee tide shall not merge unless Lendet agrces to 4he merger in writing. � _
<br /> 7.PcatecGion of Lende�'s Rigbts fn We Prnpe�ty.If Borrower tails to perform the covenants and agreements contained in ;;
<br /> this Sauriry Iastrument, or there is a legai proceeding that may signifrcantly affect L.ertder's righu in the Fraperty(such as a ,�
<br /> prareeAing in batilaupuy.probate.for condenuiation or farfeiture or to enforce laws os regnlations),then Lemder may do and - --_
<br /> pay for whazever is�nec�r to pmt�ct ttee vatae of the Pcoperty and Lender's ri�hu in the Pmperty. Leader's actions may
<br /> h , -
<br /> inctude paying any sums secuied by a lien which has priority over this Security Inswment. appearing in oourt, paying i��
<br /> r nutsxw attom 'fees and enierin on the Pr to make r 'rs.Althou I.endet ma take action uader this h -.=-�'�'��
<br /> � . � g �rtY � � Y P�B�P •—
<br /> 7.�etafiea does not have to do so;. • � . �_'=,�
<br /> Any amounts dis6ursed ('sy E.eader under this paragraph 7 sh�1 beoome additiorai,dets�.of ii�rmw�r sQCUred by ihis ?.::�•�=�"���
<br /> ..r..—
<br /> Securiry Instrumen� Untess Bam�cves and Lender agree to other temu of payme�t.these amastss�hulT bear interest from the ;�'��� '�'-�=.
<br /> date of disbwsemenR at the Notr rate ansl shal! be payable, with interest, upon notice from t.ender 4o Borrower requestin; `•� .:�','��'�'--�
<br /> payment. � . �°�'' � --
<br /> B.Mortgsge tasnra�c�If f�2nder required mortgage insurance as a condition of making the toaa secvred by tlns Secarity � ,..;..:��. ;
<br /> Instrument. Bmmwer shei4•pny eAe pretniums required to maintain the martgag� insurance in effect. if. for any reason, the ,
<br /> mortgage insurance csn��t�e required by Lender lapses or ceases to be in effect.Borrower shall pay the premiums required to � '�
<br /> obtain coverage sufs��ntially equivatent to the mortgage insurance previously in effect.at a coss substantially equivatent to the � _
<br /> oost to Borrower of the mortgaj,°e insuranoe previously in effect, from an altemate mortgagc insurer approved by Lender.lf ' " ¢-;
<br /> su6�sialiy equivatent mortga�insuranee coverage is rtot availab2e.Eotrower shall pay 40 lxnd�r each manth a sum equal to . --
<br /> one�eC:�of the yearly mortga�;e insurance premium being paid by Borrower when the insurance coverag�e lapsed or ceased to �. � � '
<br /> be i�d�ect.Leuder ariU aecept.use and netaia these payments as a toss reserve in lieu of mortgage insuraicce. LASS rescrve �. . -
<br /> frorm3d28 9f90 . "
<br /> oamao►o .. •
<br /> � " i • � ;'�
<br /> r...`.�..
<br /> ' ---__- _- _—_ �_--°_ — --- - =- . .-, :�- ,. _ . . .. � �'.
<br /> - —. - . - __-- ..�..,.....�..7 - �.:. . _.' . ' ,
<br /> , ._..,_-
<br /> ,�q^° . .. ..- • """ : � . . .
<br /> -fy ,'i - . • ' . _ _ - r"�� ��_���� _•� ���.~ . ' .. � . •
<br /> � y�::-��'-... . .. _ ' ' . . ' . . � -a:�lr.q'� `�+�rl'i�� , . . . . - • . . . .
<br /> � .. . ' . �f'-. � �, . ', . _ . + ' . ' _ �. . ._ . . . . ' _ � , '
<br /> - F.��. :�'. ..� ., � � '- � ' . '1' . ' . . . ' :+J,i., _ . . . . - . . �
<br /> .�Iv.d:-}+"t.v.++.-��
<br /> �a St•- � .'1Y. , . . �Y� " ' , ,' . ' . . _ �. ' lr.t:d�',y��`y4' - , •, . ' , . y��
<br /> :� 5, . • � . 4v,s.4ijL �. . ..
<br /> .. . � . ..-... . • • . ; . . ' �� ` i x-r . ; „ � . .. ` '. . � ' .
<br /> _ ._ � . _ . ,
<br /> . , . .
<br /> , ' , . . • ,-
<br /> .�
<br /> .
<br /> . .: . ' - �
<br /> .
<br /> . •
<br /> .'
<br /> , ,_ .__. . . , `
<br /> �
<br /> ___ _ - ---- -`- - - - _ _ - - - _ --- __ _. .
<br /> � '
<br /> - .. _ . .. . � . -.. �,: - ._ .- . . '�e._.,_...i_..._.., . _ .
<br /> . . . . . . � • - . • . . . . . -•se �.>+;45vtt'3.. .. . � '�
<br />. . . . , ' , .. . . - . - � ' . • ' �*,�... . . . . . . � . ..
<br /> • ^. i ' . .. , .•a ., �... ' ' . ' •�� � . .. . . . ,_ .. . . .,_.._, .� �{ _..._. :�;i.��_.. __. ._. ._ _�—' . . . .- �. .
<br />
|