|
_. ._ ,,.; _,
<br /> , . . . � _F._
<br /> 1��.J•. II",� �5� � :, � �. r -��5+ i�i-- '-
<br /> ... �. ,-it . . i.��% � L . . /i:;t��' , � .... . . �5�.
<br /> (1�-•� � � l`: .. •-�
<br /> ... . ., . -. . . ... .A'-.��'-YS ilr,Z+r�--
<br /> .. w� • ' u w'� w, ..., � .� . .. , � . . , . ♦�...� ......�. + ,� . .�. �.... a . .� , ,.,..-.'.. �••'"_�il�,q-..;',qVa}k�'arn J ___
<br />�.:
<br /> .w....NPO•H+��Wfw'%df�. 1�lCA�C!��,. w��r.i.Fltlhwl.aFf�ti:.t.- .a�.- .�. _
<br /> T .rr�r '_..__...-..._ . ..� .. ._. _. ....._..._.-.�._-._.._ ...._.. .. .._,..,.. _..... .. ._ _...._... ..,..__.. _
<br /> .._... . .. .. .___...... . .� .
<br />�"'�...� �- - .::.,- Rr�ci'�'-� . _ � - . -'" '- - — _ _ - - --
<br /> ..t"" ���..._.s.� ._...��.as� ,L:a._=. __�.� - 5 f�H i i�r
<br /> �....w ....�.Y -trii�. .n. '� M _
<br /> _._.__,�_.._...°�. _.v-:�_-r-�..,.,tnvr��:5° . " , _- , . , .��'�` "�. • .. '�"�s' -.�.�z. .irT"�.bY�PRI*°_m"' if�
<br /> _. . ... . .. ' � " .. � . . � .. .. . .. -.F•..�fl.�.... J. ._.. 1'
<br /> a� .. -' � ' �� . ''�:..
<br /> .... .................."""'""""._....._ ....._�;._"" ... ..!!....__:�.. ............__....._.. .... . . ..,... ....._... _ .. .. .... . ._ .... .. ,_. . '. � =_
<br /> ' _"..__..-��.""' _"_"._..__ ., .. . �-. ...
<br /> �el)l
<br /> . .. .�,y-, '
<br />'F - . `��� i0��.d{D/61 f :'.� �. . _..
<br />� . . . , �: ;9ql�,c;.';-_—
<br />.;�, . , 5. Ht►i.�rcl or Property Insurnncc. Borrmvcr shull kccp thc improvcmcnts now cxi�;ting un c�rcaftce crected an tht �.;„:;�:_��{,;';:-_'�
<br /> _ , Property insurui ngninst luss by tire, t��:eardti includeci within Q�e term "extended coverage" cmJ :eny othe�hai.�rds, including � ��r'••
<br />_ ..;,.: ,,,'�,.
<br />-= --:�r,.• . `���>�-= Floods or tlonding, for tivhich L.cnder rcquires insurunce. This insurun�c shall bc maintained in the amounts and for the periods --=`'`
<br /> � that Lcndcr rcyuires. Tl�c insurancc carricr providin�:thc i��surancc sh:dl bc rhoscn hy Hurriiwcr subjcct to Lendcr's appr��vid ��..��_„'�:;`"'-�`___
<br />'_�.•.•: • : „� which shall not be unrcusonably withheld. [f Borniwer fails to n�uintain c�ver,ige dcscrii�eJ aluiv�, L.ender may, nt l.�:nder's �'='=��`i'"===-==--
<br />"�� ''�� � ;"��� option,obtuin caverage ta protect L.ender'�riglus in the Property in acccrrdunce with paragrnph 7. �:���;--=°�°-.�_
<br /> , g""a�':_":- --
<br /> ' ' All insurancc pulicics and renewals shall bc acccptablc to L.cnJer and shall includc a sttIDdurd mortgagc clause. Le�tder �,�,.�,;;,:;;;�;��_
<br /> .�� sliall have thc ri ht to hold thc alicies and renew�ls. If l.cnder rc uir�s,Borrower shall rom tl ive to I.cnder�dl recci ts of •�.--
<br /> ., � P A P P Y�� P ��;,�'2�^�^'{',�.
<br /> aid remiums and renewal notices. In the event of loss, Bormwer shaU �ve rom t notice to the insuranee carrier and L,ender. -*�•" !�"��
<br /> _ . P P E� P P `���;,M��"'i:`;:—
<br /> `� L.endcr may makc proof of loss if not madc prompUy by Borrowcr. ; :-,..�i-��-._
<br /> ` ' . Unlcss Lender and Borrowcr othenvisc agree in writing, insurancc procee<is shall 6c applicd to rcstoration or repair of the r`�r�=a,�"�
<br /> � ,• , �u��.�-.���_—
<br /> Property damaged,if the restoration or repair is ecopomicully fcasible and Lender's security is not Iessened.[f thc restoratian or ----�-�-�~��--• -
<br /> '� � re air is not cconomirall feasible or Lendcr's securit would be lcssencd, thc insurance rocceds tihall be a lied to the sums � .,.-�'"-'=�-�
<br /> . P Y Y P PP :.�'�'"`-?�?�.���=
<br />_�, � secured by this Security Instrument, whether or not then due, with any excess paid to Borro�ser. If Borrower abandons the ••^`•-�'•�"�`;+�
<br /> ..•- t�,..,.,�:,.,•;--=-
<br />�� . Propeny, or does not answer within 30 days a noticc from Lender that the insurance carrier has offered to sttdc a cl�im, then �;�_t�s..��,_;-�
<br />� � l.endcr ma collcct the insurancc rocceds. Lendcr mn usc the r�cceds to re air or restorc thc Pro crt or to a cums �"'��'"`''"¢"��`�-'
<br /> Y P Y P P P Y P'Y � �ti�a�ac�;�a��r.:,
<br />� secured by this Securit��Instrumcnt,whether or not thcn due.Thc 30-day perind will begin�vhen the notice is given. —
<br /> Unless l,ender .uid Borrower otherwisc agree in writing, any application of procceds to principal shall not extend or �.���=
<br />�l � ost one thc duc date of the monthl a ments rcfcrre;d to in ara r-� hs I and 2 or chan e the amount of the a ments. if --
<br /> T P P YP'Y P' B �P � B pY , - ---
<br />� undcr paragraph 21 the Property is acquired by Lendcr, Borrower's right to any insurance policies and procceds resulting from .:..':�"'_=:--
<br />. Y
<br /> damage to the Pruperty prior to the acquisition shall pass to Lender ro the cxtent of the sums secured by this Sc;curity(nstrument �'^-" __
<br /> �. ' immediatcly prior to thc acyuisition. �'`���s,
<br /> . , �z:�!_��
<br /> _. ' ' 6.Occupnncy, Preservation, Maintenance and Protection nf the Prc�perty; Dorrower s l.oan Appficutton;I.eusehol�is. r•-•
<br /> Borrower shall occu establish,and use the Pm ert ati Borrower's rinci al residence within sixt da s after the execution of . ��'�''���
<br /> PY. P Y' ' P P �+ Y .
<br /> � this Security Instrument and shall continue to occupy�he Property�., Borrowcr's principal residence Yor at Ieast one ye:tr ufter �'''�"==—
<br /> �� ��' the date of occupancy, unless Lender athenvise agrees in writing, whinc�ansent shall not be unreasonably withheld, or unless `.�,,.; ' •
<br /> „ extenuating circumstanccs cxist which are beyond Borrowcr's control. Borrower shall not destroy, dutnage or impair thc
<br /> � Pr�nrrtv allnw ►hr Qr�nrftv tn�Intnrinraln nr �nrr2mit w:�ctn nn thn Prnnnrtv �nrr��wnr �hal1 hn in �Infnnit !�'anv fnrf'�ih�rn _
<br /> � ��
<br /> • ----' .."'•-" �—s�rr�r--�
<br /> ,._.., . ..._ ,._ ., ... .._. ,....,- ...•,
<br /> � � ' aetion�ir proceeJing, whether civil or criminal, is begun that in I.ender's good faith judgment could result in forfeiture of tne ��' '
<br />_ „ .,,;. Property or othcrwisc materially impair thc licn crcated by tl�is Sccuriry Instrumcnt or Lcnder's sccurity interest. Borrowcr may �
<br /> ' cure such a de;fault und reinstatc,as pravided in paragraph 18, by causing the action or proceecling to be dismissed with a ruling � �'
<br /> • " tha[, in Lender's good faith dete►mination, precludes forfeiture of thc Borrowcr's interest in thc Property or other mutcrial ��
<br />_ . impairment of thc l�en creatcd by this Sccurity Instrument or Lendcr's security interest. Borrowcr shall xlso be in default if ;.
<br /> Borrowcr,durin�;th� loan application procctis.Favc matcriaUy falsc or inaccuratc information or statcments to Lcndcr(or failed . � i;,
<br /> ' ' to provide Lender with any material information)in connection with the loan evidenced by the Note,including, but not limited �r`
<br /> •�'' to, representations concerning Borrower's occupancy of the Property ati a principal residence. If this Security instrument is on a y �� •.
<br /> leasehold. Borrower shall comply with xll the provisions of the Ieusc. If Borrowcr a�:quires fc� tidc to thc Property, thc ,�y,��.�f �
<br />� Ieasehold and thc fec tidc shall not mergc unlcss L.cndcr agrccs to the mergcr in writing. ,� ''"",��
<br /> , ' ' 7.ProteM[m�of Lender'�Rlghts en the Property. if Borrower fails to perform the ccvenants aixi ugreements contuined in : �_�;'��
<br /> '.' • this Security Insttvment, or there is a legal proceeding that may signiticantly affect Lender's rightti in the Properry (such as a S 3 „� _ _
<br /> " proceeciing in bankruptcy, probate, for candemnation ur forfciturc ur to enforce laws ur regulations), then Lender may da and ' '�"��!?'�
<br /> . , ,. ; �: .
<br /> pay for whatever is necessary to protect the value of the Property and I.ender'ti rights in the Pn�peny. L.ender's actions may � - -
<br /> � include paying any sums secureci by a lien which hns priority uver this Security Instrument. appearing in court, paying y"�
<br /> ... rcasonable attarneys' fccs and entcring on thc Property to makc►rpairs.Although L,endcr may takc action undcr this paragraph `� �
<br /> ... .. 7, L,cr.dcr docs ncit hnvc to do so. .� ��`�3�
<br /> ..p._-
<br /> F Any :tmounts disbursed by L.ender under this paragraph 7 thnl I become additional debt ot'Borrower secured by this ' � r:--..
<br /> . � _
<br /> -� '�,:� Sccuriry Instrument. Unlcss Borrower and Lcnder agrce to athcr tcrmti af pxyment, thesc.�mounts shall bear interest from the ,�,-�
<br /> i date of disbursement at thc Notc rate und shall bc payablc, with intcrcxt, upon notirc from I.cndcr to Borrower requcsting <<��
<br /> : , .� '�... �f ��.
<br /> ' payment. ��
<br /> • S. Mort�a�e Ins�rnnce. If Lender reyuireJ monga6e insur.�nce as a rondition of makin� thc loan securrd by this 5ecurity ' 'r��
<br /> � Instmment. Borrower shall pay the premiums required to maintain the ntortgage insurance in effect. If, for any reason, the ��;
<br /> � mongage insurance coverage required by Lender lapses or eeases tu be in cffect. Borrower tihull puy the premiums reyuired to ' ,�:
<br /> obtain coverage substantially equivalent to the mortgagc insurancc previously in effcct, at a cost substuntially cquivalent tu the ° � `� '
<br /> �� cust to Borrower of the mortgage insurance previously in eff'ect, from an altcmatc mortga�e insurcr approved by I.cnder. if ,
<br /> � , substanlially eyuivalent mortgage insurancc coveragc is not avuilable. Borrower shall pay to LenJer ea�h munth a sum cyual tu � ,
<br /> , one-twelfth of the yeurly mortgage insuranee prentium being paid by Borrower when the insurance covera�e lups�d or ceased tc� � • � °
<br /> , be in effect. ixndcr will accept,usc and retain thcsc payments as u I�ns rescrvc in licu of monga€;c insuranca Loss reservc ' � :
<br /> Form 3028 9/90 ' �
<br /> � ./ Pot�a�0•0 ; i �
<br /> ` � ., � � . ��•
<br /> i
<br /> R—_._.__ _---� "___ .
<br /> .
<br /> t �'—______ ..... .....-._.. _. _.."'""'_""_'_"�'_'�'—_'_ .--_" `_"'"__.. ... .. .__. � f 1
<br /> . -._-- - - . . r
<br /> � .. . ., � . . - . �� . ' . .,... .� ' .. ,. ., '1
<br /> � . , I
<br /> � . ., 1
<br /> �r. . - . „ " . -. .
<br /> �,
<br /> ,
<br /> - ., .. .. ' .. -1
<br /> ' .' . ;� " .. " - .. . . . !
<br />_ ., - . ' . - .. ' .. " .' -- I _
<br /> . �
<br /> � ., . . . �. . � �
<br /> �. .
<br /> � �� "
<br />
|