|
-- -- — _- -- - - - - — - --
<br /> F �'!
<br /> _.�,.�.�._ .�..._--. k�i. rrr,r*�+.�r -r�^r 5ifl� ., r S . .,.r.., �.-�.e-�T_ _ __ - ---
<br /> ' � •..�
<br /> , � ' . t-w:';,;jlr,� . ' ''� ' 3,:;,b: ° ,
<br /> l. ... ,,..,,..�rn.. - . . . __.. �.�i�-• � • --
<br /> �._.,.� .. .. . : `�.� .�,�....�_ ,.., �
<br /> f'.. _
<br /> �l ' . i..tt.. .1:a••AiM.�fl'"' ...
<br /> , n.. .. . Y
<br /> , r.
<br /> , ' .. . _ . _ � . ' ..•1_ ' .� _ ' . "_ _' ' , '"_ .Q...M�� �:.i.��::IG•e�__-- . .
<br /> .., . . . . .. t . .... . .:A'3M::•;s. '.�`�,►7YK'1N�N�lb��w t. ..:nni . � . . . . .. � . .. -.._��..._..-_____"..__ �
<br /> ...a�-r�,-.�.
<br /> _ �.�uM�l��i._.. yj.�� _ , ��._ � __ ..
<br /> •'�d' f r '�1
<br />. •
<br /> • .t9��la'755�4 -
<br /> perlods that l.cnder rcquire9. Tho insurance currier providfng tho insurmire ehall be chosen by Barrowcr subject to L.enderk -
<br /> uppruvul which Rhnll not be unrcn�annbly withhcid. If 0orrowcr Pnilx ta mnlntain coveruge described abnve,Lendcr mny,at
<br /> l.enderk nption�ubtnin cuvcra��e tu��rutect Lenderk rfpht�In tl�e 1'rciperty in acca�diutcu wl.h parugruph?.
<br /> All inxutnnca pulicics ond rene�vnin nhiil!I�e ncceptc�blo ta I,ender iutd x6ull bulude ii xtundiu�d mortgnEe clnu�e. L.ender _
<br /> xhuli huvc tho�igh1 ta huld tho p�►Hcics und rencwalx. if[.cnder rcyuircy,Hurnuwer xhidl pron�ptly�ivc ta Lcnder ull recciptK =
<br /> af pald premiumx nnd renewul nuqicek. In tlte ovent uf insy, Horcawer ehc�il Qive prompt notice to the inxumnce en�r[er i�nd =
<br /> l.c;ndcr. L.cndcr may mulce praof nf ta4sti If nut mudc protttp�ly hy�p��rr�►wer. =
<br /> Unlexv l,ender unA aannwor atherwise agrco in wrinn�.inAUmnee ppaceedw ehali be applied to csstoration ar repair of
<br /> the Property damaged,iP the reKtnrntian or repulr in cr�onomicaHy feu.gibie and Lendcrk security iR not Icasened. If th� -
<br /> restoratlon or repAir ia r�ot econamlcully fec►�iblo ar i.ender� eecurity would be leasened,the Insurance proceeds shull be
<br /> applied to the auma secured by ihiR Secur[ty Instrument,whether or not then due.with nny excess paid to Borrower. If
<br /> Borrower abandonR the Progerty.or daes not unxwer wtthin 30 duyK n notice from Lender thut the insurnnce carrler has _.
<br /> offered to settle u claim,then Lender muy collect the insumnce proceeds. Lender may use the proceeds to repair or restore
<br /> the Property or to pay sums sccurcd by this Security lnatrument,whether or not then due. The 30-day period will begin when -
<br /> the nodce is given.
<br /> Unlexa Lender end Boirower othenvise agce in wddn�,any appltcatt�n of pmceeds to prittcipal shall not extend or
<br /> postpone the due date uf the monthly pnyments refetred to in puragraphs 1 and 2 or change the amount of the payments. If
<br /> under paragraph 21 che Propecty is acqulred by L.ender.Borrower�s right to any insurrince policies and proceeds resulting
<br /> from damage to the Property pdor to the acquisitton shail pass ro Lender to the extent of the sums secured by this Securlty
<br /> Insuument immedlately prIor ro the acquls[tlon. -
<br /> 6. Occupancy,Preservauon, Maintenance and Pratection of the Property; Borrnwer's Loan AppRcatlon;
<br /> I.euseholds. Borrower ehell cecupy,estabUsh,and use the Property as Borrower's principal residence within sixty days afler
<br /> ttte execution of this Securlty Insuument and shall continue to occupy the Pmperty as Hocrower's principal residence for at
<br /> least one year after the date of occupancy. unless Lender otherwtse agiees in writi�►g, which consent shall not be
<br /> anmasonably withheld or unless extenuating cinumstancea exist which are beyond Borrower�a control. Bocrower shall not
<br /> destroy,damage or irapair the Property,allow the Property to detedorate,or commit waste on the Frnperty. Borrower shaU
<br /> be ir►default if any forfeiture action or proceed[ng,whether civil ar criminal.is begun that in Lender's good faith judgment
<br /> could nesult in forfeiture of the Property or otherwlse materiaUy impair the Uen created by this SecurIty Insliument or
<br /> Lenderls security intens� Borrower may cure such a default and reinstate,as provlded in paragraph 18.by causin�the action
<br /> or proceeding to be dismissed wlth a ruling that.in Lender's good faith determination,precludes forfeiuu�e of the Borrower's
<br /> interest in the Property or other materlal Impairment of the llen created by this Secw�iry Inswment or Lender's security
<br /> interes� Borrower shall also be �n default If Borrower, during the loan applicatIon process, gave materiaUy false or
<br /> inaccurate iaformadon or statements to I.ender(or failed w provIde Leader with any materlal information)in conr►ectIon with
<br /> the loan evidenced bv the Note. 3ncluding but not limlted W, t�epresentations conceming Borrowerg accvpancy of the
<br /> Ptoperty as a principal residence. If this Security Inshument is on a ieasehoid,Bomower shall comply with all the p�nvisions
<br /> of the lease. If Borrower acquires fee tIde to the Property,the leasehold and the fee dtle shell not merge nnless Lender agrees
<br /> to We merger in writing.
<br /> 7. Protec�ton of Lender's RigLts in the Property. If Borrower fails to perform the covenants and agreements
<br /> contained in this Securtty Insuumen� or there is a legel procceding that may sigaificantly affect Lender� rights in the
<br /> Pc+nperty(such as a praceeding in bazilauptcy.pmbate,for condemnadon or forfeiture or to enforce laws or regulations),then
<br /> L.ender may do and pay for whatever is necessary to pmteat the value of the Property artd Lender�s rights in the Properiy.
<br /> L.enderh actions may include paying any suma secured by a liea which has prlority over this Security lasuument,appearing
<br /> in court.paying reasonable attomeys'feea end entering on the Property to make repairs.Although Lender may take uction
<br /> nader this paragraph 7,L.ender dces not have to do so.
<br /> Atty amounts disbursed by Lender under this paragaph 7 shatl become additional debt of Borrower secured by this
<br /> SecurIry Iastrumen�. 1Jnless Borrower end L.ender agree to other terms of paymen�these amounts shall bear interest from the
<br /> date of disb�usement at the Note rate and shell be payable,with lnterest,upon notice from I.ender to Bomower requesdng
<br /> payment
<br /> & Mort�age Insurence. If Lender required mortga�e insutar►ce as a condition of making the loan secured by this
<br /> Seciuity Instrument, Borrower shaU pay the premiuras requii+ed to maintain the mortgage iasurance in effec� If.for any
<br /> reason, the mortgage tnsnrance coverage required by Lender lapses or ceases to be in effect, Borrower shall pay the
<br /> premiums required to obtain coverage substanaally equivalent to the mortgage insurance prevlously in effect, at a cost
<br /> substantially equivalent to the cost to Borrower of the mortgaga insw�ence previously fn effecf,from an altemate mortgage
<br /> insucer appmved by Lee�der. tf substantially equivalent mortgage inswance wverage is not available,Borrower shall pay to
<br /> Lender each month a sum eqnal to one-twel8h of the yearly mortgage insurance premium being paid by Bosower when the
<br /> insnrance coverage lapsed or ceased to be in effec� Lender wiU accept,use and retain these pnyments as a loss reserve in lieu
<br /> of mortgage insurance. Loss reserve payments may no longer be required,at the option of I.ender,if mortgage insurance
<br /> coverage(in the amount and for the period that Lender requires)ptovlded by an insurer approved by Lender egain becomes
<br /> available and is obtained.Borrower shall pay the premfums required to maintain mortgage insurance in effect,or w provide a
<br /> loss reseive.until the mquirement for mortgage insurence ends in accordance with any written a�eement between Borrower
<br /> end Lender or applicable law.
<br /> 9. InspectIon. Lender or Its agent may make neasonable entries upoa and inspecaons rf the Property. Lender shall
<br /> give Borrower notice at the time of or prior to un inspecdon sgECifying reasonable cause for the inspection.
<br /> lU Coademna8on. The proceeds of any award or claim for damages.direct or consequendal,in connecdon with any
<br /> Single Family--Eannk MadFYcddte Mae UNIFYIRM INSTRUMENT—Un[torm Covenanm 9l90 (page 3 of 6 pages)
<br /> mrm t�ce eo�es Fama tm■
<br /> To p�drr Ce0:1�00d�O VN[0147t1t•119f
<br /> �" -- - �- - _ �: — -- - - -_ - _ _ -
<br /> ' '1'•• _:tr�!.leSS �` Y �4I��'�4'i3���� -.__ __.
<br />. .. : _ — -- .�r _�_ _ , - _ _ .'w,rt Y' �� . ,`. f 4�il-.�� �.r
<br /> � �� . .
<br /> T _i .1 . . . ..'. _ .--T-. . .3.- -:: _
<br />_. . ' . ' . ' . '_ . .Rx��, �� a.rS,'.• -_
<br /> .. � . � .. .. . . . . . . '��qI,YT-'� �A✓:1 .~'T.r u�.T.►: -ii�w�y..--:
<br /> � . ... .. . (' .. . .. . .�...t���• , • I Y• � . t ��t�:
<br /> , , .. .. .: ���1`,t�qi?. ,-Y•y. ,ti ���
<br /> a� ��"
<br /> ;r...: .. . _. .. .. . . . Yo.� .
<br />. _ . - �t��y �y� �f- Y.s , �y J'
<br />.. , ' ' .� .s i � .. ' ' � -ZIl.'�R5�1��I+�YWILV.�T 4. '�C - � .�d'
<br /> . ..t C'�,K' ..
<br /> .. �G ' , � , �� - �^�:��fil. �� : ... •r � �'_
<br />- - .. , . .�. ."r,wyt.°ti.�¢ ��' _ . . - .r
<br /> ' .. .. � _ ,�L':�sL^'..� j`• �• ' .
<br />. y .. - � � _ . � ' _ "qh' o . ,
<br /> . , •1�.' � :;+j: �' aR. :�°'v.
<br /> . . . • . ' 'v�,:� ` ,r•'.�?_c::. 's, - � 'Qr-
<br />:l . '. ' . .�`, �;� � •- • . _
<br /> 't' l , , ' '' .
<br /> � . , �1�u,�o.:-� . .
<br /> ;. o • , •%:� asc c;• , �:., . -'•1:...�-Y�.
<br /> . ° .. •. �.i•. .. o • . - .. �1_�«:�i�� .� ,. ' �� .�r���~
<br /> t�' ��.�`-� - - -�--
<br /> �. ... , ._..
<br /> � r. .. . ..-.... �
<br /> , o . _ . . . . ... ' -
<br />
|