|
, u �_ _ _
<br /> 'Y �`�-� �: . �tfA�ti '�:.S;a�i�n.T.,�.,��--�� � _. .__---
<br /> � :3.r_�����an�.��ac.,,-Y.c
<br /> . — . . .._ . . � --� --- —_ . .-_._--- ._. ._ _ . - - -�- - .. - �...
<br /> - .. � . . .. . _ ._ , .. ''- -�- ._._... � . . . � .
<br /> . •� ` � '. ; ` . . ' � t�tg,�.�t�� ' 1�i6�8� .
<br /> ` ' S. Iia�rd or FropKty I�ura�ce. �osrower�atd k$eP�:iinPmv�tntnts aa�v existing or hereatter erecud on the
<br /> ` � grogttt�i�vred against Loss by fue,haz�ira3�ded within the term�CXI���COYCIHaP.�and asy.other hazaxds,irclud�n8
<br /> flao:sas�ici�ing;�F�r�ri...�_.�-�a���:�.'�Ys�sis�ss^�sgs�:�a��"��_���?�-�-�.� - _-
<br /> thsi l.ender re�res.T6e insurance c:urier piwidi�g ehe.insutauce.shall be choseu by Burrower subjecti fo I.endar's appraval
<br /> � ,wh1cL sF�all n�t;6e uiu�asonab}y.withi:eid..if BoTmwer faik to maintain ooveiage d�cri�above, Leader may, aE Leuder's �
<br /> aptioa,cbt�cAVer�getog�te�,�.end�r's�i�int�ePto�rt}t iaascard'arcewitb para�aptz 7.. . ---
<br /> � Rli insura�t txa}icies and re�ewals s3�all b�aecegtabie w Lender and shalt include a standard mortgage cdanse_Leud�
<br /> • d�all have th@ right to hoid th��oticirs and r�new�..ls.If I.end�r i�qui�es,Borrower sball prompt�y ghe ta I�er ai6 . �.," uf , -
<br /> . �paid greminms an0�renewal aot�ce�.In the eve�of lass>Borrow�r shat!give�romPF no�s�e¢�the iusur'�ce caYrier ari�:,,���.
<br /> . L,ende�may r�3ce proof of los�s i€a�ni made pmntpdy tsy�orruwer: �'`��.: � ��:"'': :;as:.
<br /> l)n2ess t.ender and Barr+�wet 4thefivise a'gree In writiag,insura�c�e F�s shall be aPDlied tn r�,'�s�t.nt.r�of t�e -,;`,;,,,;
<br /> psoperty damagcd,if th$r�toxation as repair is�onomicaity feasi6le mtd t.e�.,de='s�secnritY is not lessened:If t�te�i�ip�,�in or
<br /> �repair is nns�nomically feasi�te or I�ter's securiry R+ontd 6e tessened..tl�ins►uance�iraceeds��ha11 be aPFliec�tc�`,fi�ae snms
<br /> sav�+ed 6y tbls 8ec�uiry �tsavment, wHether or nas triea due,with�acty,esaess Qaid m Eonrower. Ef Horrower abandans the ��
<br /> Piopetty.oi does no�,answea withib 3t!days a uotice from Lender tbas t�izsmranc¢carcier has offered ta settie�claim,t6en .
<br /> � '. Le�er may oofteci t6e iesarance proaeads. �ender may ase the pivc�s;;�i repair or �stare trhhe Pcapecty or w paY swnS •, ,
<br /> secund b�this Se�nritY Instruvment,whether or aat then siue.�te 3U-daY.PenPd will begin when�ha uotice is�ivea. �
<br /> Unle�s i.ender aad Hosrowe�J��'ise agtee in writ�,��n3+ aPAI*�aEion of�prac�eds ao primsipal shall nat.exte�d ar
<br /> ',"°�i;f�< Postpoae the d�e b�oi the mc��gaym�'�a.'T�.�.�;red tu In paragrapTis�;.�nd 2 or ci�anSe the a�x�tnt of the�FaYments•ff :=c
<br /> " s-.' under par�21� "�f,�ape�4y;`�;i�'�G�r�er*Borrower's ri�t,t�:�.insurm�ce Palicies a�;�'ace�ds r�vi#ng from - ,
<br /> " `' �� �`. ���� s to L�}�er to f�b�s&�'c of«he samc secnred tY���' , :�SJ.
<br /> �':.:,i�'s 5ecuri .<.
<br /> . . ' 'cTan"��'"�j�,i�a t�Pcn�i� or to�k+::`q�:�Wsm P� �,�, , �;�.� . .
<br /> sDtcr�+fif��[h'i9f tt�thC�(1$si�.. , �`� " • ` ` c.'
<br /> '� f.r.'' 88T1'09YCi'�8�.A18D A��ZiO�a���
<br /> , �:, -.,�ncy Pca��rva �atezranc�and ProteblAtuf�`td�7P�P?�RY: .
<br /> ;. � �►� s,..
<br /> � ' Bo� ��al!occapy,e�tablish,and�i5e the Frapert5+as Boit��;•c^.i's�t��?�tesidence avithin sixcy�da�,fi.s.�ft�r t'�,a'�c�on of .::::;}`.,;
<br /> � ��� the PevyeFtp as�e�a�.cfzf's principal residence�'��as least�'.�ar aRet;�: �
<br /> in��t and shall Contiriue Lo,�??�iapy .� ,�'�.
<br /> the'[�z�,��ocx�uPa�'.�'�'•imless Le�`othe����in writing,wtur�'v��x shall s�t be���t ivit�9F,or untcss ,'�,.
<br /> . 'e�ctc�{�;`ciri�mstances exfrsi�ii�a are����;ad Bortow�'s wutrol..�zrower sbaL,�,� c►�xr,;ir�page�s�ia���te
<br /> ' ` t if���� �eidue
<br /> � . ��r;•allow the f�coperty ta'i5�<e'td�ate,��'�ommit wasse on tt�e F�*'�3:Bofioc:rar�?.,.7 I�uR;,��1 F.�k?.
<br /> mrtd'c,'n or pioceed�gs W11CtEICd'_CIVII OI Cflilllfi3a. is Gegun tt�at ia Leader's �.�faith�uQ�it co ' 'i�tP�3 in forf�uf titG . .
<br /> . . Property or o�se materially impair the Lien created by this�5ecvriry Iuss�t�nt or l.ender'�secur�:e�if:eiesf.BarrowGr may .
<br /> cure such a default aad reinEtate.as provided in parag�h 18.hy causin$ttie action or proceEding to 6e�Lsmissed�with e n�ling
<br /> , that.ia itnde�•s gaod faith dete�minadon, preeludos forfeiture of tbe Boirowet's intensf in,the Propaty or other ma�al
<br /> .iic�pairnaent of.tAs lien etraud'by this 8oci�ridy tt�suument or i.ender's sa�rity interest.Barrower shall.atso be in.defau(t if
<br /> �oraocvsr,durin�&ti�e ioan�'a�p'ric�;;so«�,�.-ss.gavW casaks�:�Y °'�or is�xsuate snfs�nee nr�at�nts ta Lea�der lor fail�_—,-:
<br /> to pravide i.ender yvith any material information)in connection witi�the toaa evidenrod by the N�te,incIuding.but aot liauted
<br /> to.representaiioas coacemina Borrower's occupancy of the Pcnperty as a princip�l resideaa.If this 6aarrity Irutrument is om a :.
<br /> 1ra�ehold, Borroue��66all mtnpiy with s+ll the'provi,cions of t2i� iease. if Botrower aoquires fa titte to the PrapertY..thr
<br /> � ' Ieas�hol:d and the fet dtle s1�a11 aat merge aniess l.e�der 3grees to the merger in writing. �
<br /> 9.Protedios vt i.tadee's R�ts f�the��rapesty.if Bomnwer€ails eo pecform the covrnants aad agreanGats rnnmined iu .
<br /> this Security In�umeeE,as thsre is a teg,�)proceeding th�t may sygnificantty�'ect Lender's dgUts ia the Pno�ectY(such as s
<br /> • p�ding in b�otcrupt�y,Pcebue.far coAdemnatian or fprfeitun or co eaforoe laws or u.gul�t.ioas),tliaa l.erxlCr�QWY��
<br /> , pay for�wfi=tav�is nooessary to pmtect the valve o�the piapertY anQ 1�ender�s nghts in 3he Pra�xity. Lender's xtions m�y .
<br /> svm9 gecured by a liett wtuch t�as priority aver tIus Security Inutum�nt, appeui�� in court, QaY�E •
<br /> bactude p�yin8 anY A1 Lender.may t�ka xtion undet this�atagnplY
<br /> ausonable attomays'4'ees and entering on the l�roperty m matice repa�rs- thot►8b .
<br /> �7�.l�_�2 A^!g•�,i;A?v�tn.dn r�►. . ., . � , • . . ' . .
<br /> . Any �aouats;disbarrsed by Lender under this p�ragraph 7 st�a11 b�come addidona!debt�of Borrowcr seztu'ed �F tfis .
<br /> - -- �= • .,�-_ • .�r .1�i�s.F�sr��•ps pt!tl!�pt b�er to othst temss of�yment;ldese Qmrw�n a Sh�111xaT utittlest from 1�• .
<br /> dato of disbuiseme�t�t the P+1ate ratc arid sha9t 6e payable.w�th inure��. upon natice fc6m Lendcr to Eoriovi+er req�g -
<br /> � pa�nrum• . � . � � . ' �. � .
<br /> �, . 8.Niortg�je S�r�aoa IE Leuder required m�ngage iitwrance as a candition of�ia�ti�e taan secureci'vy�is Securty
<br /> � (nsu�ent.Bo�;v�t shali pay the premiums required to maintain the mortgage inwrance in effoct. If, for ut�ir�ssan,.tbc ,
<br /> . . mott�r it�wrnce covenge requir�etl hy Lender lagses ar oeases m ba is effect,Sorrawer sh�ll pa�y�e�p�roiams�quirod to •
<br /> . obc�ir;.r�sverage subsancialiy eq��ivateni W ihe mongage insura�ce pnviaasty in�eff�;�,at�o co�t subsiantialty cq�u.��I�ac to the � .
<br /> cost td Borrower oi the mongage insurance.previausly.in effxt;from an aJtemate mottgage.insani approved by���:ender. If �
<br /> snbstaraislty oquivalau mortgage insurance covenlge 1s nnt avail�Dle.BorroRxr shall pay to E.ender ea�h anosth a svm o�quai to
<br /> ,, one-taelfth of.tho ytulymortgagr.insuran�e premium being paid by Boreo�when the insuraoce.awc�rage lapse�ar eeascd to
<br /> '°'.'�� be in eifect.L.eaBer will � .
<br /> acrept,usc and retain these paymems es a loss reserve�iil li�i of mort $e� i�tsurarxe. iass reseNe
<br /> . • . • . ioTm 30z� 9t90
<br /> ._ Fi � . . . . . - '
<br /> � - , vs�3ot9. � .
<br /> . , ' • . ..„
<br />
|