|
_ . . .._
<br /> �;,.r.^ .. ;_ . . .-- u ;�.�-w,
<br /> _— ---_-- - — -- - - --
<br /> ,.,,..:�:.,,�;,:-,�- �.� _..�..��---- _---------- .. ----� = — — --
<br /> __.�;�:�...�;��...Y...,�a�..;..:�,...._�..�,—.,.�:�.er..—s,�..��:.�.—._„�.�.:, .;��.-�r:.:�,�-_�___- .�.���w.w
<br /> -------��.��.s�_�_ .�--- —
<br /> -----_�---------
<br /> ----.--� — -----=-------- _
<br /> .,, , . _ . � . .. . � � ...�..�..� •: �,:.:
<br /> �t����� ,
<br /> S, �{ay�r�il ar E't�oprrty Iniwr�►�t. Bnrruwec shall kotp tl�c in�provements now ex�sting or hr,rcaft�r r�on tha.
<br /> Pmperty lnsurocl agalnst ioss by firo, haznniy Inclu�io6 wUhin tha tenn "exte►xied coverago° und any other ha�auds, includin�
<br /> flc�:!s c�r tleudf�i�,for rllur�►f Pnder rcy�!Ires ii��t�nmce. Tl�is inst�rancc shall bc i».zintuincd in the�,unrn�nls ancl for the pe�iods ,
<br /> that l.etxkr rcqulres, Tiie iosuraner.�rrier praviding thc insurunce shall l�chosen by 8orrowee auhje�:t to Lender's approv�l
<br /> which Fh�il nat be unrcasutuibly withheld. If Borrower falls ta maintain cuvera�e descrebed �bovc, C.encter mny. at I.ender's
<br /> option.obruin coveragc eo protcct Lcndcr's rights 1t�tho Praperty in:cccordancc with paragroUh 7.
<br /> All insurance poEicies and reucwnls shall be accepisblc to l.enc�er nne! shall include n standurd ntortgage clause. I.ender
<br /> shall have the rigiu ro hold ihe policies ancl rCnewals. If I.endcr requir�s,Barr��wer shall�pramptly give to l.ender�ill rec:tipts af
<br /> paid preraium9 wd renewni notir�.e. In ti�a ever�t of loss.IIorrower shall p,ive prompt notic�to the insurance carrier ancl l,erider.
<br /> Lcnder nu�y makc proof of toss if not madc promptly by I3orrower.
<br /> Linless Lcndcr and[iorrower othecwisc agree in writing, insurance procceds shall bc applicd to restoration o;repulr of thc
<br /> Pro�crty damagcrl,iF the restoration or repair is ewnomically feusible und Lender's s:curity is not icssened.If the restaration ur .
<br /> repair is not�canomicaliy felsible or Lender's security would be Iessened, the insunnce procr,eds si�all be applied to the sumy
<br /> secured by tliis Security (nstrun�enc. whetl�er or not then due, with any exc�ss patd to Borrower. If Boscower abandons the
<br /> Property, or dacs not answer within 30 days a notice fram L.ender that tl�e insutance camer hus afferai to scttle u claim, then
<br /> Lender may collect ehe in�uiuuce pro�eds. O..endar may usc the pracex�s to seg�ir or restnre the Pmperty or to pay sums
<br /> secured by chis Security Instrument,whether ar not then due.The 30-day period will6egin when the notice is given.
<br /> tlhle�s L�nder and Bvrrower otfi�rwi�,c a�ree in writing, any application �f Qrocceds ta principat shall not extend or
<br /> postpone the due date af die monthly pnyments referred ta in paragraphs 1 nnd 2 or change the amount of the paym�nts. If
<br /> und�r pv�a�raph 21 the Pro�erty is ucquired fo�+Lender. Borrower's right to any insurmice pc�lscies and proceeds resulting from -
<br /> damage to the Property prior to the acquisition shall pass to I,endsr to the extcnt of the sums sccured by this Securlty Instrument
<br /> immediately pr�or to the acquisition.
<br /> fr.via:u(tw+�cy� .F�`i'Ni:Z�fi►��i�i�i!�il�t:.�»:TCC oII�°:"i::t:�w e.°ohe w.�.i,,`o.rt�s R�r�µ•pr�c 1.pt!�A;tpl(catlon;I.c�sehOld9.
<br /> Borrower shall accupy.establish,und use the Property as Horrower's principal residence wi[hin sixty duys after the execution�f
<br /> this Security Instrument nnd shall continue to occupy the Property as Bon•ower's principal residence for at Ieast one yeAr aRer
<br /> the date of occz�pancy. unless I.ender atherwise agrees in writing. which consent shall not be unrcasonably withheld. or unless
<br /> exieuuuti�ib ci.ca�sia;��.r:s �zts. ;chich a:� �s:yos:�+ Esttra::�er's sontr�l. Lorrow�s �hnll nnt deciroy; cLv��e ar imQair the
<br /> Property, allaw tlie Property to deteriurate, or commlt wnste on the Property. Borrower shall be in defnult if any forfeiture
<br /> action ar praceeJing, whether civil or criminal, is begun that in Lender's gacxt fAith judgment could result in forfeiture of the
<br /> Property or othenvise materially imp�ir the lien crcated by this Security Instrument or Lender's sccurity interest. Horrower a�ay
<br /> cure such u default und reinstate,as provided in pnragraph 18,by causing the action or proceeding to he diamisscd with a nding
<br /> that, in L.ender's good faith detemtination, precludes focfeiture of the Horcower's interest in the Property or other materlal
<br /> � imp�irment of tl�e lien treuted by this Security Instrument or I.endcr's security intcrest. Borrower shall ulso bc in default if
<br /> Barrower,duting the loan application process,gnve m�terinlly false or inaccurnte information or statements to Lender(or failed
<br /> to provide Lendet with any material inforrnation)in connection with the loan evidenced by the Note, including,but not limited
<br /> to, representxtaons concerning Horrower's occupancy of the Property as a principal residence. If this Security Instrument is on u
<br /> . leasehuld, Borrower shull cumply with all the provisions of the lease. If Barrower acquires fce title to the Property. the
<br /> leaschold and the fee tide shail not merge unless Lender agre:.s to the mergcr in writing.
<br /> 7.Protection of Lender's Idlghts in the Property.If Bonowcr fails to perform the cuvcnants and agreements contained in -
<br /> this Security Instrument, or there is a le�al proceeding that may signit►c.lntly uffect Lender's rights in the Property (such ns a
<br /> proceeding in bankruptcy, prohate, for condemnation or forfciture or to enforce laws or regulations), then Lender may do and
<br /> pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. Lender's uctions may
<br /> include payin� any sums secured by a lien which has priority ovcr this Sccurity Lnstrument, uppearing in court, paying
<br /> . reasonuble attorncys' fccs und entering on the Property to make repairs. Although Lcnder mt�y takc action undcr this paragmph
<br /> 7, Lender does not have to d�i sa.
<br /> Any amounts disbursed by Lender undr,r this pnragraph 7 shull become additional debt of Bono�ver seci�red by this
<br /> Security Instrunient. Unless Borrower and L.cndcr agree to other tcrms of paymcnt, these amounts shall bear intemst from the _
<br /> datc of disbursemcnt nt the Note rate and shall be payable, with interest. upon noticc from L.ender to Bonower rcquesting
<br /> payment.
<br /> $.Mortgnge Lnsen�unee. If Lender required mortgage insurance as a condition of making the loan secured by this Security -
<br /> i Instntment. Borrowcr shull pny the premiums rcquircd to maintain the mortgagc insurancc in effect. If, for uny rcason, thc _
<br /> i mortgage insurance covcruge�•equired by C.c:ndcr lapses or ccasc.e to bc in effect. Borrower shall pay thc premiums required to __
<br />-� obtain cover�g�e substuntially equivalcnt to the mortgagc insurance previously in effect, •rt a cost substantially equivalent to the ="
<br /> � cost to Bonower of the mortguge insurance previously in effcct, from an ultemate mongage insurcr approved by Lender. If �
<br />_i su6stantiully equivalent mortgage insurance coverage is not uvailabie. Horrower sh111 pay to [.ender euch month a sum equal to
<br /> � one-twelRh of the ycarly mortgage insurauce pretr�ium trcing paid by Bonowcr whcn the insurance coverage lapsed or cease.�i to I
<br />—: be in cffcct.I.endzr will atcept,use and retnin these payments as a loss reservc in licu of mortgagc insurance. L055 �eSCNC
<br /> Form 302E3 9/�J0
<br /> PaOO 3 0l 6
<br /> ,i
<br /> �T,—=—.�---�-r--�s�,7:r_'�'>'iZ�'�: .::�c..-�'�.�C97FR: t„ --- . —. -----_ - -.
<br /> „�iYFF7:r3v r�F-, — . . :�. . �:f.� . „ �"'7� . .. , ���y' �a�'yx�....
<br /> .i .. �i^ rj Y .'x' . . .
<br /> . . . �� ,� . � .. - ' ' '�r -.•i��ci• .'
<br /> . . . .. . �. . ':s.�i''t y,it�^•.,M1�1i c}; ;'•:r' �.
<br /> ..� . - ' `. „ .. . .. - ,� .i . . ..•.�.F .! - . � ..
<br /> , , .
<br /> . . ... .� .. . . .. , . ..
<br /> . � .. . .. -,�.. ... .. � ' .
<br /> ; .. .�r-:�`•,t' , , .
<br /> "'E� -.:��
<br /> , , . �: „ � •,x•�'�'!t'•.` � '
<br /> ���w�� , „ . , �. . • ,� . ' ., '• •'x:'�,.. .�'��'. '' ..._�
<br /> � . „ � , � .r, •1,�.: .
<br /> � , . ' ' • �, „ . . ��y�i�`.t2�;;,••,�.' ,� ..
<br /> . . - .
<br /> .,- •. .
<br /> . ,
<br /> ., • }
<br /> „ �
<br /> .
<br /> _...._I.
<br /> . , „
<br />
|