|
. . .. . . ....;r.
<br /> •-' .naM .. .. � . . �.
<br /> . �d,.r� . .. " . _��_.
<br /> � ..a1ll� . . • ,. , a
<br /> �• ' �tif ,. ' ." . .. � .. �Jl1fS�i�tf� � -- � ' � av.
<br />__ • 4r` _.w�� . . , . _ .. . 5l�: ��.. ,� -, . . n , .. . .. . .. .. .,..SV.N�3'.l_. .. k.F. .1•'�- . _ _ ._..
<br /> .•. x.._: �.
<br /> �u,mF ���uk...r �crpu. t. . � � ��r . .. .. . - ,.., •--� '
<br /> • ' _, � . . ' . _
<br /> •- , �_.�„_. ..... _. .. �.-..: . .. ..r_ :� -
<br /> . A �1�.�-� w�.�t
<br /> u�..��v�.n�.�� - � �r� w ._ � . .
<br /> – _•ts.��.-tlssliY'7�:�.,7'kr;;'�',S"�" . ,. . . , �. . , . . ..., �.._
<br /> . :. . .. . ,
<br /> , � ,; , - -
<br /> ..
<br /> • ,. �
<br /> , ----------....---� s.___..__._.. _...._..._ ,, , .
<br /> , ----�_��_�..----------------------------------- --
<br /> . ,,,. � . �%��+;
<br /> . n
<br /> :� • �f��� ',Q���� ,. ,. .
<br /> periods thut I.ender requires. 7'hc insurance carrier providing thc insurancc shall bc chosen by �arr��vcr subjcct to Lender's
<br />- - . npprovnl wtifch shall not bc ur.reasonnbly withhcld, If Burrower fnils to maintiiin cavcra�;c dcscribed nbove, I.cnder may,iit " -
<br /> � • Lcndcr's option,obtain covcragc to protect Lcndcr's rights in thc Propcny in uccordnncc witb purngraph 7.
<br />_� • All in5urance policies s►nd renewals shall be ncceptnble to Lender�md shnll include n titnndard mortgnge clnuse. Lender ' ` `b '-''
<br /> _ .. shall hnve tBc right to hold thc policics and renewniti. If Lcndcr rec�uires,Bm•rower�hnll promptly givc to Lendcr�II rcceipts ' � --
<br /> ., of paid premiums and rencwal noticcs. In thc cvcnt of loss, Borrawcr shull givc prampt noticc to thc insurancc cnrrier nnd ' - _�_
<br /> ; Lendcr. Lendcr may makc proof of loss if not made prompdy by Borrower. ' ' ' ' -
<br /> Unless Lcnder and Borrowcr otherwise agrce in writin�,insurancc procecds shall be applicd to restorution or repuir af �:'<
<br />' die Property damagcd, if thc restorution or repair is economic:►Ily feiisiblc and Lendcr� sccuriry is not Icsscncd. If the �� . �—
<br /> , - restorntion or repan- is not economicully feusible or Lender'.s security would bc lessened,the insurance proceeds shull be � �+
<br /> , applied to the sums secured by this Security Instrument,whether or not then due, with nny excess paid to Bonower. If , '_'"`
<br /> Borrawcr al��ndons the Propeny, or docs nat answcr within 30 days a noticc from I.ender thcit thc insun�nce c�rrier has "�
<br /> ° offered ro settle a claim, then Lender muy collect the insurunce proeeeds. Lender may use the proceeds to rcpair or restare ��'
<br /> �, the Property or to pay sums secured by this Sccuriry Instrument,whethcr or not then due. Thc 30-dny period will begin when � �,_
<br /> the notice is given. � . � �"��:
<br /> Unless Lender and Barrower otherwise agrce in writing,any applicution of proceeds to principal shall not extend or "�
<br /> postpone the due date of the monthly payments refermd to in paragraphs I and 2 ar change the amount of the puyments. If .� '+'�
<br /> _ under paragrnph 21 the Property is acquired by Lender,Borrower'.s right to uny insurance policies and proceeds resulting ��,�.
<br /> :,,,, from damage tu the Property prior to the acquisition shall pass to Lender to the extent of the sums secured by this Security .. .. .. �,.z
<br /> : • Insu umeut Luuiedia:ely prior to the acquisition. . ,,,-
<br /> � 6. Occupancy, Preservution, MaintenAnce nnd Protect[on of the Property; Borrower's Loan AppllcAtion; - .,�: �:;^
<br /> � I.easeholds. Borrower shall occupy,establish,and use the I'roperty as Borrower's principal residence within sixty days after �;,:. •�°__
<br /> _ , the execution of this Security Instrument and shull continue to occupy the Propeny as Borrower'.s principal residence for at ,,, ,�'-=
<br /> . , least one year aRer the date of occupancy, unless Lender otherwisc agrees in writing, which cansent shall not be „ .. --
<br /> unreasonably withheld,or unless extenuating circumstances exist which are heyond Borrower's•control. Borrower shall not '
<br /> , destroy,damuge or impair thc Properry,allow the Property to dcteriorate,or commit waste on the Property. Borrowcr shall �
<br /> ' ' be in default if any forfeitum action or proceeding, whether civil or criminal,is begun that in Lender's good faith judgment " �� ��u=
<br /> could result in forfeiture of the Property or otherwise mnteriaUy impnir [he lien creuted by this 5ecurity [nstrument or •i,v;^� -�"�
<br /> , Lender's security interest. Borrower may cure such a default and reinstate,as provided in puragraph 18,by causing the action � ,q, t4°,�.:-��
<br /> •� or procceding to 6e dismissed with n rulin�that,in l..endcrk good fnith deterntinution,prccludes forfci[ure of thc Borrower's • IE`�"� -
<br /> , interest in the Properry or other material impairment of the lien created by this Security Instrument or Lender's securiry �;�-"��
<br /> • ��' interest. Borrower shaU ulso be in default if Bonower, during thc loan upplication prceess, gave mnterially false or W' ---�
<br /> ' inaccurate infotmation or statements to Lender(or failed to provide Lender with any macerial information)in canncction with ���'�'�' :;
<br /> „ the loan evidenced by ehe Note, including, bu[ no[ limited to, representations conceming Borrower ti occupancy of the i ?'�•.`ti '�
<br /> Property as u principal residence. If this Security lnstrument is on a leasehold.Bonower shall comply with ull die provisions "'`
<br /> of the lcasc. If Borrower acquires fce titic to thc Property,the leasehold and thc fcc titic shall not mcrgc unlcss Lcnder agrees � � , �
<br /> ' to the merger in writing. .
<br /> 7. ProtQCtfon of I..cnder's Ri�hts in the Property. If Borrowcr fails tu perform thc covenants und agrcements '
<br /> contuined in this Security Instrument, or them is a legal proceeding that may significandy uffect Lender's rights in the " �•
<br /> Property(such as a proceeding in bankruptcy,probate,for condemnution or forfeiture or to enforce laws or regulutions),then � ,
<br />_ . l.endcr mAy do und pny for whutever is neccssary to protcct the valuc of the Property nnd Lendcr's rights in the Propeny. �"'�,+�
<br /> • � Lender�s actions may include paying any sums secured by a lien which hus priority over this Security [nstrument,uppearing ' f�+
<br /> �� • .,. in court,paying reasonuble nttomeys'fees and entering on the Propcny to make repairs. Although Lcnder mny take action , ^ '
<br /> � ;+� under this paragraph 7,Lender does not have to do so. i� � • ,�
<br /> Any amounts disbursed by Lender under this paragraph 7 shull become udditional debt of Borrower secumd by this J
<br /> Sccurity Instrument, Unless Borcower ttnd Lendcr agrce to othcr tcrtns of payment,thesc amounts shull bear interest from the �'P ��;,,:_�
<br /> � . date of disbursement at the Nute rate and shall be payablc, with intcrest, upon noticc from l.cndcr to Borcowcr rcyucsting ` ' "`�`'�` :y.�
<br /> payment. ..
<br /> �, S. Mortgage Insurnnce. lf Lender requircd mortgage insurance as a condition of'muking the loan secured by this .
<br />_ ,. • Securiry Instrument, Sorrower shall pay the premiums reyuired to muintain the munguge insur:mce in effect. If, for any
<br /> ' reason, the mortgage insurance coveragc required by Lender lapses or ccases to be in effect, Borrower shall pay the �, c
<br /> remiums re uired to obtain covera e substantiall e uivalen! to the mort a�e insurancc reviousl in effec a • s � " •"�'�
<br /> p 9 S Y 9 s b p Y t, t a co t � f�„�I
<br /> , substantially equivalent ro thc cost to Borrower of the mongage insurance pn:viously in effect,from an alternate mortgage ,.,. ._
<br /> -, . insurer npproved by Lender. If substantially equivalent mortgage insurancc wvcragc is not avail�ble,Borrower shall pay to I "' +. _
<br /> � Lender euch month a sum equal to one-twelfth of tlie yeurly mortgage insurance premium bcing paid by Borrowcr when the z�� fi�i
<br /> insur.uice coverage lupsed or eeased to be in effect. Lender will aceept,usc and retain these payments as n loss reserve in lieu � �' • ��
<br /> of mortgage insurance. Loss reserve payments may no longcr bc required, at thc option of Lcndcr, if mortgage insurancc i
<br /> coverage(in thc amount and for the periocl that Lendcr t+cyuims)p►uvided by an insurer approved by Lender again bccomes ' +° �
<br /> , ;�vailable and is obtained.Borrower shaU p�y the pn;miums required to muintain mortgage insurance in effect,or to provide a � .'"; �
<br /> � loss rescrve,until the rcquircment for mortgage insurance ends in accordance with any writ�en agrcement betwecn Borrower � :'' i
<br /> and Lender ur applicablc law. I � �
<br /> R 9. Inspe�tton. Lendcr or its agent may make reasonablc entrics upon and inspcctions of thc Property. Lcnder shall �
<br /> - give Boi'rower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. ; �:�
<br /> 10. Condemnatton. The proceeds of any award or claim for damages,direct or conscyuential,in connection with nny • ':_"'
<br /> Single Fvnily•-{•Y�nnle D1ne/Ireddte M1tnc UNII'ORM1t INST[tC1fF,NT--Uniform Covcnanu 9/90 I/�uAr.f�J o�mxe.�l i
<br /> , � r,rcat latca 6uamc:a Pams.Ine� - � .I
<br /> __ To ONer f,oll:1�600b34'b99 O PA%0167Bh1171 I
<br /> • � '
<br /> i • �
<br /> ; . ., `_ �`��
<br /> . .-__ _._ _.— __._ . .. _ . _ _ _ _ . .. . _ . . -- _
<br /> , � - . � .� . ' .� , �� 'I
<br /> ° . I
<br /> � , • - ' _ .. . .. ii .. . .. -- '�1
<br /> �
<br /> �1
<br /> it � - - .. ' . � I
<br /> � • : , ' i
<br /> � �
<br /> . . . . . . .. .. - �
<br /> �. , � .. - �. �� . . i
<br /> .. � � - .. , .�- . . � .� " � I
<br />,.� � ... . . . �
<br /> . i
<br />
|