|
.., _ . ' ' �� _
<br /> ..� , •i:
<br /> , r, , „ .. .
<br /> . .
<br /> .. .
<br /> �
<br /> ; .. , r. ,. .
<br /> .,�„ „ ... . ... ' „ . , . —
<br /> ..�y,y ,,,•:, � „ ,....n�•utliwv,�r��
<br />�rr.i.e�a��.�_:M-�t�".'�IR Yt�Wr'�t. . � .1 ' - ' . . i� � • ili��f�.•fryf��'..t.h'..I^.i=iq._'.'�."
<br />,.�.--.. ._..t.=iia.tzra'iciiisu�r.'�+�:iu�1.�Vi��7'7w.h':'-'"�'rfNl�.�,1`§��....., . � �n . .. � � . . .. ... ... ...i...,�a�.��}A�4k.rig,r.�,n __.. .
<br /> _ , . ,. , n .. -
<br /> „ �,. .� ;
<br /> r'--- ---- -.._ .. . .. ... ... . . .. ..... .. __..._...--_._... ........ _ _. . _ ----._ ....... ---— --_. ..___ ----•-—_ . .. -- , �_
<br /> �:, . � _
<br /> .. ��t�,m .�- :
<br />_ :F ' �,Q95�3 �r=
<br /> �. . , �. 5. Nutatrd or 1'ro�xrty Insurunrc. I3orrowcr shall kccp A�c improvcmcnts niiw cxititing ��n c�rcaRcr crcctcd on �hc �
<br /> Pr�iperty inyurcd againtit luss hy firc, hauirdti inclu�lcd wiihin chs tcrnt 'cxtcndcd cuverugc" und any�,thcr hirrards. includinb .
<br />-°��, •• • <; Flan�ls ur flnoding. for which [.cndcr rcyuires intiuranrc. 'fhi�insuruncc�h.�ll hc m�iintuinc�i in thc unwunts and fiu U�c periods '•. .
<br /> . �hat I.c•ndcr rc��uircti. 'fhr inyurancr riirrirr rnwiding Ilu in�nr,nwcc tiludl hc rlu�tirn hy Rurrnwrr u�hjrrt U� I.rndcr'� appr�rval =a+'y.-
<br /> 1 which si�ull not bc unrrasimubly wi�hhcld. If Ri�rrnvicr fuils to rnuintain covcragc dc,rrihcd abnvc. lxndcr m:ry, at Lcndcr's .. ___
<br />- uptiun,obtain rovcrngc tu protcct l.cndcr's rights in thc Property in ciccorduncc with par.igr►ph 7. � �`�
<br /> All insurcuicc palicics i�nd renew;ils shull he ucceptable to Lender and ,hall inrludc ii titnndcird mnrtgage clause. LenJcr �:,
<br /> shall have thc right t�� hnlJ thc pnlicie,,utd rencwal,. !f L.cndcr requircy,Borrowcr shall prumptly givc to l.cndcr aU rcccipts of --
<br /> � ° paid prcniiums and renc�val nnticcs. In thc evrnt o(los�, Borruwcr shuU givc prnmpt nuticc to thc in.uruncc rarricr and L�:ndcr. '
<br /> � Isndcr may makc proi�f c�f lo.s if not maJe prompdy by D��rrmvcr. � -�*�.
<br /> Unless Lcndcr and Borrower othenvise agrcc in�vriting,insur►ncc procecds shull bc applicd tn restoration or rcpair of thc � .. . �
<br /> � Property damagcd,if thc restoration ar rcpair is ccnnomically fcasihl�and L.cndcr's sccurity is not Icsscncd. If thc res[oration or ?
<br /> .,:�.�.
<br /> rcpair is not cconomically fe:ssible or Lender',�ecurity wouW hc Ieti,cncJ, thc insuranrr procccds shall hc applicd to thc sums ,,�,f
<br /> tir_cured by this Security Instrument, whether or not then due, with .uiy cxcess paid ta Borrawer. If Barrower abundons the � .�. '
<br /> Property. or docs not answer within;0 days a noticc from l.cndcr that Ihc insurancc carricr has offcred to setdc a claim, thcn
<br /> Lender may collcct thc insurance proceeds. L.endcr may u�e thc procccds to repair or restora the Properry or to pay sums ' � �
<br /> - tiecure�by this Security In�lruiuuit, whrther ur nut then due.Th� 30-day p�ri��d will hegin when the notice is given. ' .
<br /> • Unless L.endcr and Horrowcr othenvisc ugrce in �vriting, uny uppliru�ion ci( prucccds tu princip.� tih 'I not c �end or ,�
<br /> t ° pcntponc thc duc da[c of thc mon[hly paymcntti rcfcrred tu in paragraphs I and ? or change thc:imount of thc payrncnts. If ' '� •� �-�,;:;_
<br /> ," • under paragraph 21 the Propeny is acquired hy [.ender. Bc�rrawer's right a�any insurance policies and pruceeJti resulting from �-�* 'LJ°�
<br /> damage ro the Property prior to the acquisition shall pass to Lender to the extent uf the�ums tiecurecl by this Security[nstru►nent - ' �"��- -=
<br /> . immcdiatcly prior to thc acyuixition. _
<br /> ,._;
<br /> ;;. 6. Occupnncy,Preservntion, Riaintenance und I'rotection uf the Property; Borro�srr's Luun Appltcution; I.easeholds. ,,,. . • ���
<br /> �' � '��� � Borrowcr shall occu cstablish,and usc thc Pro crt a,Bcn•rowcr's rinci d re�idencr within.rixt Ju s aRcr thc cxccution o( �' ` •
<br /> � , PY• p Y ' P P� Y Y . .
<br /> • ' � � ., this Securiry Instrument anJ shaU rontinue to urrupy the Property us Bnrri�wer'� principal rc.ridcnce for ut Ieust one year ufter ��
<br /> � the date of��ccupancy, unless L.ender c�thenvi,e agree� in writing.�vhich run�ent �hall nol be unre:isonably withhelJ, or unless ' �`�`'
<br /> ' ��� ,
<br /> „ cxtenuating circumstanceti exist which are beyund Borruwcr'ti cuntrol. Hixrowcr tihall nut Jestroy. Jamage ur impair the ..;,
<br /> . -. .- n_..._�.. ..n_... . n ........... ... .1.......:......... ��i �i�ii7iiiii �+:ISu i:�i iii� ��. �,i� ii::iiGw�i ..I...II 1... :.. .l..i...J. :C..«.. f...C..:...�., acl' -
<br /> . _ . � �iiNcity. autuw t�i� � iuNa.��y .�i ua.��uv�ai�. �`"'Fi""�. .�nuu v� �u u�,��aun u auy �v���.�wa�. _ ..
<br /> action or procceding, whether rivil nr criminal, i.bcgun that in I.cnder'� �uud taith judgmcnt could result in forfeiture of the r, •k� .
<br /> Propeny ur otherwise materially impair thr lien rreated h��thi� Security lnstrununt ur Lcnder's srcuriry interest. Borro�ver may � � � � .
<br /> cure such a dcfault nnd reinstutc,as prov:dcd in paragraph I 8,by rau.ing thc c�rtion ur procecding to hc Jismisscd with x ruling �
<br /> . � � that, in Lendcr's good faith detcrmination. prrcludes ti�rfeiwrc ol' thc Burn�wcr'ti intcrcyt in the Propcny ur othcr material �'y; �
<br /> ' impairment of the lien creuteJ by this Sccuriry Inscrument ur Lender'a scrurity intcrest. Borr��wcr shall nlso be in default it' , y°�.: ''
<br /> � Burrowcr,during thc loan upplicatiun process,�avc matcrially fal sc or inaccuratc infi�rmation or ztatcmcnts to Lcndcr(or failcd • '� ••°
<br /> • to provide L.ender with any material infivmation)in ronnertion wiih the loan evidenced hy the Note, including,but not limited x��' �'� ,
<br /> , ' to,rcpresentations conccrning Bc�rruwcr's ucrupancy uf thr Pmperty ati a prinripcd rrsiJcucc. If this Scrurity Intitrmncnt is oi� a ,.'=f;
<br /> leaschuld. Borrowcr tihall cumply with aU thc provisi�ms of thc Icasc, If Borrc�wcr acyuires f'cc tidc to thc Property, thc �• r
<br /> Icasehold and thc fcc tidc shall not mcrgc unlc�s 1_c��Jcr agrcc�to thc mcrgcr in writing. '<<'r�1
<br /> 7.ProtEYtton nf Lender's Ri�;Bts in the Proprrty. If Burrowcr fails tu perti�rm thr covrn:uux und agrecmcnts contuined in " -k ,
<br /> this Securiry Instrumcnt, ar therc iti:� Irgal prucccding that may signiticantly affert [Andcr's rightc in the Pre�perty (such as a ' `
<br />' procccciing in ba�ikruptcy, prcibatc, for rondcmnatiun ur f��rtiiturc c�r tu cnti�rcc law.ur rcgulatiuns), then Lcndcr may do and _ � �.;;_:_=_-
<br /> ►�� �,. �
<br /> pay for�vhatever i+necessary tu protect the value of'the Prnperty ancl Lender's rights in thc Properry. 1.e�nder's actions may • .
<br /> ' include payin� any sums secured by a lien which has prinriry nver this Scrurity instrutnent, appcaring in court, puying .- -
<br /> reasonuble uttorney.' fees und entering cm the Pruperry tu make rcpairs.Althuugh LrnJer nwy take action unJer this paragr�ph �
<br /> 7, l,endcr docs not havc to do.o. +� �
<br /> , ; •,;�,
<br /> Any umounts disburscd by Lcndcr undcr this paragruph 7 shall h�comc additi�inal dcbt uf Borrowcr scrured by this � �,��
<br /> - • Security Instrument. Unlcss Borrowcr and Lendcr agrcc to uihcr tcrms ul'payment, thcsc amounts tihall bcar intcrest from thc �
<br /> : datc cif'disburscmcnt at thc Notc ratc and shsll hc payablc, with intcrest, upon noticc frum Lendcr tci Borr��wcr rcyucsting �� v' �;;
<br /> � paymcnt. ��`• ., A ;
<br /> -; $.Mort��Re lnsuriinee. If'Lender reyuired mot�tguge insuranec a�a runJiticm of makinZ the Ician sccured by thix Securi.y I {' °
<br />= Instrument, Borrowcr shall pay the premiums reyuired to maintain the nwrtFugc insurancc in cFfcct. If, fur any rcason, the � �
<br />' mortgage insurance coversge reyuirecl by I.ender lapses ��r reases to be in effect, Borrower ,hall pay thc premiunt�reyuired to � `;
<br /> - ohtain coverage substantislty eyuivalent to die mon�age insurance previously in rffect, at a cust substunually cyuivalent tu�he I "
<br /> : . . „ � cost to Aorrowcr of thc mo��tgagc insurancc previously in e(fcrt, fr�im an altcrnatr mongiigc rosurcr apprc�vcd hy L,cndcr. if � ' . x
<br /> substan�iully equivalent mongagc insurance coverage i� not available. Aorro�ti•cr shall pay to Lender exch month a �um cyual to � .' + ;
<br /> �inc-twclRh of thc ycarly mortFagc inxuranrc premium bcin�paid by Borrowcr whcn thc insuram:c ruvcragc lapscd or ceascJ to �
<br /> be in effect. L.ender will circept, use xnd ret:�in them payments as a lass rcxerve in lieu of mortgagc insuran�e. Luss reserve � �
<br /> � Farm 3028 9190 �
<br /> Papo 3�I 6 � �.,�
<br /> � ' I
<br /> . . ,
<br /> ' I
<br /> ,
<br /> .__. __.__ ._ ... .. ._
<br /> �
<br /> , __. _.-_ _.___� ; . . ._ _ � �� .
<br /> --------- -------- -- ... . .._...__.- •- - ---.._ ..___._ .- --�...._- - - -_.....___..__.. _ .
<br /> � I
<br /> _. ..... _ .. ._� _ �
<br /> ' � .. " � ,. .. '
<br /> �
<br /> � • . , ri
<br /> . S .i . . � - - .. - i
<br /> ' ,S . . " ' , ' . . . ' •1 "
<br /> I
<br />� ( ., -- . � � - � .. �
<br />.� - .. .. . , . �
<br />-'i .
<br />.-. � - .. . �� .
<br /> ` .., . .. .. .. , , � . ' � , ., I
<br /> ,
<br /> f . - „ ,. - . ..
<br /> .
<br /> .
<br /> � � �� �
<br /> , . .. .
<br /> � � .. - � � - , .. � ,
<br />
|