|
_ ':���>;� , . �1;: }\�. _.}r .., . . .__ ._. ��+�r..��-• ' . T ,`,.,�+:.::: . . . . ... .. . .
<br /> . ���rd-. ' �.Ir'�I
<br /> ' - • :i . � � � .
<br /> ��'_--.--='.µ� •• , . `_ ---�---•..... _.t,. `}f�
<br /> - ... .. -. ,;. ,_ ..
<br /> ��
<br /> r - ---y-- ` . �. _ _ " . -
<br /> 1 --.-v.�w� � �
<br /> 4t�� -� t ,
<br /> 1 " . . . _._.._3 _ .
<br /> .. ,� ' . � . , - . . - ___ -��:i�3c�'-�_-_
<br /> ; .
<br /> ;:.� ��..._ ti `' . __ _ -- _-
<br /> ..; ,_.__ ._ -,�;:�._—.,.....r
<br /> .!-Y-. _ •r,�Y��--��nr:. _ �_'_-_.Z=i' � n� '������
<br />...... �,�..-_._.._._-._._..,o.�S._a ,� .,:�_.:.._.�.�+'f� _" .,. .._..� ......_.-�"_—_— .._._. ��
<br /> ��:.,. ������
<br /> 9. H�or�l or P�ancrlY Q�«u�c�nrc. fiarr���r�cr �hnll kccp Ih� Impmrcn►cntR naw er1�,t�nt; oi h�m��Ncr cr�ctc �n thn —
<br /> Peaperty intiurc�l c�+dn�,t i�►�r hy Nco. hnri►rdv tncludr� �vtihin�hu tcrui "cXlC�tdcd C�rict.�tjCu nnd ai�y �dlicr hnn��dq, including �.
<br /> fluuJs�rr fluu�tin�;, ti+e t�hi�:h l.rmlcr ec:uu{�cv inti��rnncc. '!'Itl�Imuca�he htu�ll hC mainitdnrd i��Ilt�u�uuuniti�►itd ti�e 1lte perlad�t __
<br /> �t�at l.��nticr nyt►frcv. Tha in�umi�ee eurrlrP pf�►vldinp Ihp imuramrc yiwll hc churen hy t�urr�rt�•c�� .ruhirrl t��Itinder's n�►pnrvul =-
<br /> �ti�hirh �hutl nui he unn:;rouoiut►Iv �vi1l�Gcid. IP It�ttioa•er fc�ily ��►nmi���tffn rovcran;�a�,��n� un��Y�, l.cnde�r ut.�y, ut I.�adce'a _
<br /> apiitm,ahiuM e�wern��ta{fmtcc9 t.t�nteF�N tIh{H�.(tt IItC 1'f��CilY lR pccUEtltittCC ts N{1�?a���i�rr��►!�7. ___
<br /> All lu+umnce palicicv ua►t re►io�vats Fhatl h��c�c'e{�:thE� t�►t.eR�41�r u� !+�w11 I�utu�lc u htun�lur�9 nmrtEtago rlause. Gettdcr --
<br /> sh�ti huvC ti►e iivht i��holc!tEu:�,tirlL�e��!rcne►�r}�1+�. 11�l.e�xler rcqn irc5. l l�trrua•���lu tl l�n n n p d y��i�e t u[.c n d c r��I I r c r c l p W ul' _
<br /> p:dd prcnilumw und rrnc�v;d nutl��cs.In thc evcnt af luss,liurn+wcr tihitll t;l�•c pr�,�upt nati��r h•thc in5ur,-�nc�carrfcr und i�cndc�. �.
<br /> I.cndrr uiay mnkc pn���i'oi'lury iYm+i�padc pnnnp�ly hv Ha�'tu�ccr.
<br /> llplc���l.ciHlrr und N��rra�vcr��then��isc nprcc in wriNn�;.intiurumc prurccdv hhull h�npplicd tu rcyturuti��n ar rcpai�af'thc _
<br /> p�urcrty di►n!a�«l,if�hc rc�.taruN�m��r rcpalr Ix rrunumically li�uvibic�utd l.rnJce'ti,rcurity i.nat Icyticiud. If Ihc�cat��rad�m�►r ___
<br /> rcpair ts uut�tiunumkally fcatiihie ar I.cnder'y securhy wnuld he tekwen��l,ihe insuratt�o praceedK hhul)tx:aq�pliMl tu the swuv ,—
<br /> ►,ccurcd I�y Ibis Sc�urii�� Inrtn�mcnt. whcth4r rr nut then �luc. ,�i�i� �►��y ox«�� ��i a ��� H�,rru�vcr. It' Horr���vcr iibmid���y tho _
<br /> Nrupcny.u�dae�nat an��vcr�vithin�0 dayr c►nutirc f'rn►m L.rndcr thnl tl�o Insuranre rnrrler hn�uffcrcd tu hcttic u�luim�thcn
<br /> l.endc� may c�,llcct ihc iusurilnre pracccds. l.�nder mny use tho pmeccJx h� npuir ur m�t��re the Propeny ar t�� pay �+umv
<br /> �ecurcd by Ihis Sccu�ity Intitn�nunt,whether ar nnt then duc.The 30-�luy pe�ii�d will begin whcn the m�tirr. is given.
<br /> Unicss I.cad�r und ti�+rro�vcr othanvirc o�;mc In w�iting, nny i►pplirutiun nf praccMlti 1�� p�inripal RIIAII Ill]t CXII`illl OP
<br /> �rtpunc thc duc dntc af tht neunihly p�yments rcFc�r��l tu in p:�n��r��phy 1 und 2 ar rhnn�;c thc ctmuum ��f thc paymenty. If
<br /> under pamgrnph 2l tho f'n�{►erty ie ncyuicccl by Le�ider. Bnrm�vcr'F rlght tu uny insurunre p��liciex i�n�l prncccds resultiog From
<br /> dm�ingc t�ihc Pruperty priar to tho acquisitian shull p�4�w to I.r.rKlcr t�i tho exten�uf th9 numr sccuoed hy thiti Sacudty Instnim�nt
<br /> immedintely prl��r u�tho acquisitiun.
<br /> 6.ikcupuncy,I�rescrwutinn.Mulntcnancc und Prntectlon oP Ihc Property;Boen►wcr•s L+�nn Applisatton;l.cuschutds.
<br /> �o�rower Fl�all urcupy.cstablish,nnd uso tho Praperty as Borrower'�principnl residcnce�vithin sixty�ys after th�oxccution of
<br /> this Sccu�ity Instrument i►mi echail continuu to cxcupy the E'rapeny ns Bcirmwer's priacipal r+e.r•Idence far ut least one year Nter
<br /> thc dntc i►f accupattcy.unlcss Lsader othenvise agrees in writina. which cansent xhnll not be unreasn�nbly withhetd.ar unlesg
<br /> eatenuating circumrtunces eaist whi�h nre beyand Boivawcr'x cantml. Barrawer shall not desuoy. dumago ar imp�ir tho _
<br /> Property. allaw the Property tn detcriarnto, ar rummit wnste on tho Prape»y. Hnrrower shall bo in detinult iP uny forfciture
<br /> t�ction or proccccling. whetho�civil or crimiaul. iw begun thnt in I.cnder's gaad fuith Judpntent cauid msult in forfeituro of tho
<br /> Pmpcny�r�thcnvise mutcriidly impair the licn creatod by thiy Cccurlty I��st�ument or L�cnder's security intcrcst. Basr�wer muy
<br /> cure such u defnuU�ind reinstnto,ay provided in purogruph IH,by cAUSing thc action ar proc�eding to�w dismissed with a rul3ng
<br /> that, in l.ender'y gand Paith determination. pmcludes forfeiture af tha 8c�rmwer'y interest in tho Pmperiy or otlier nwcerinl
<br />- dm�u►irment af the liea creutect by this Sccurity lostcument oe l.cnder's security interest. Borrc�wer shnll also bo in dcfault if
<br /> �orrawcr.durins ti�toan appl�n�m���RYE����1'�����'CllfQtC ItIfOpllAll0i10i stutcmcnta ta Lender(or fcailed
<br /> to pmvide l.endcr witl�any mntcriullnfarn�uttan)in connectian�vith the laan evldenceci by tho Nato. includins.but nat lirriited
<br /> ta,repnsen�atiany concerning Bprrower'x uccupancy af the Praperty ns a principal residence.if this Security irtstn�me�st 1R on u
<br /> ��,�, w,,,�l��� �1� mm�+lv wiih nll thc provislans af the le,�o. If Bonawer acquircy fec title to tho PrapaRy. tho
<br /> - IeaSehald und tho feo tltio sfialt u�t�uesge unt�s Lcndet agre�t�ths nz�rger in writ�ng. _
<br /> 7.Nrotectlon of l.ender•e Rl�httf in lhe Property.Ii'Aarra�vet fuile to perfarm the cuvenunta nnd.agmcmentK contulncd in
<br /> this Securiry Instn�ment. ur thero is u log�l pmcecding thut may significuntly affcct Lcndcr's rlghts in tho Propeny (such n.q a
<br /> proceeding in bankruptcy.pmbuto, for conde�nnatian�r furfelturc ar ta�cnfarce Inwa ar regulntions).then I�;nder ntay da and
<br /> pay for whutever iA necessary ta protect tho vulux of tho Prapeny und l.cnder's rights in tho Fraperty. I.endcr's actians nury
<br /> inelude �ying any sumy Fccured by a Ilen which has priuriry over this Sccurity Instrume;it, ngpcuring in cawt, puying
<br /> rca.�onca�:nttomeys' fecs and entering an thc Propc►ty to niuko rcpuirs.Although i.endcr may takv nction undcr this paragraph
<br /> 7.l.cnda�daes n�t huvc ta da so.
<br /> Any amounta c,"�stiuncil by 1.ender under thls pnrugmph 7 ehall bccrmo additianal debt of Aorro�ver secured by thia
<br /> Sccurity lnstrumcnt. •Z.`nless Harrawcr nnd l..cndcr ugrea ta athcr terms of�a?:�cnt, theso nmaunta shall ticnr intcrest from iho
<br /> duto of i::sbur�emcnt at tha Nato ralc and ahull bo payublo, �vith interest. upc�n notica�from I.cadcr to Earrower reqa�sting
<br /> paymcz�i.
<br /> 8.Mu�i�iige lnsuranre.if l.cndcr requi�ed mortgago insumncc��.v u condition af moka-15 tho laun securcd by this Securlty
<br /> [nsuumont, Barrower shall pAy tho premium.g requfred to mnintuin tt�o �r►ortgaga insuau�co in offect. If. for any reasan. the
<br /> mungt�gc insurance coveragv required by l..endcr[�,�scs ar ccavev to Uc in efFcct, HOifOWC�flI1LlII F1a�l lr:,��G111�U1119 LC(�U�CCtI t0
<br /> ahtain cuverngo subsuintinlly cquivalent to thc mart�;ngo i�suranco prcviausly in effect, at t�cost eubstni�iaUy cquivulent to tha �
<br /> cost ta B��rrawcr ai'tho mortgugc insurnn�ca proviausly in c�°R.t. fram an nl[cenuto mortgngo insurcr approved by Lcrxicr. If i
<br /> substuntiully cquivnlcnt mangogc insuranco coveragc iA nat ovail�blo. Barrowcr Rhnll pay to l.ender euch manth a s�:^�cqtu►1 to .
<br /> anc-twelf�h oP tho ycarly mortgage insurnnco prrmium bcinb puid by Horro��-..r when the in.vurance caverage lupsed ar ccASed to
<br /> be in eifcct.l.cnder will c�ccept,use tu►d retain thcse puymante as U I059 re��n�c ln licu of martgage e+�suranco. l.ass reservc �
<br /> Porm:�rz8 9►80 '
<br /> Papo 3 of 0 1,
<br /> ----___--_"-_;�:�
<br />
|