|
- - = � . �
<br /> i _�_ . .� _ _ �r�" �_ "_ , ' 4 ` .` `. � � _
<br /> �� { , "�� � �� , � .. � _ �•_ .� _ _ - F --
<br /> - ` - - -- �_ .... ..-_�..� - ..
<br /> — . . ¢ . ' �
<br /> _ � . . . - � c : .
<br /> __ -_ ---_`, � .. - ; .. -� _ , . , � - . . . � . � ` � . �2--��Q48�1� �
<br /> � periods t�t Lender ceqaira-•'�c inwra�tce ca�rier ptnvkting t1�e insur.mee s6a1!De t�ho6en by Boisowec subject to I.enders .
<br /> ` = apQmva)ysrhich sf�il no[bc unra�soeu�bt�Kithl�et�.'if Barrov��er faits to maintain roveragc describe�above.L.endes aaay.at
<br /> ;. I.enAeshoption.obtain covet�gt tQ pcutax Lendei:s rigl►ts in the Praperty iu accotdance with Enragraph 7.
<br /> pll in.�e poli�ies�ynd tknt�r�is si�all bt accepta6le to[,ender and shail aclude astanda�d matg�ge cla�e. l.ender
<br /> es� +ive co Exnder afl t�s
<br /> � shaq inve tIrc dg6t to hotd tl�e poIfcie�and nnewals. If I.ender r�quires.Bormwer st�a11 pcampttY b .
<br /> • ��d���nd�ewal notices. In tt�e evrnt of toss.B�wer shati give prom��eurice to the iosur,rnre c�rrier�nd
<br /> l,eqdec l,ecder mas mat�e�oof of toss if nw made prompdy by Barrower.
<br /> .__�.� .� --•� -- - . � lied to cesiorrti�or repair nf-- .
<br /> �Tnkss Le t er�BottOtYec�i=e�in v►Titi�-tiitsut �--�.-�-.�..�.—
<br /> tfx pr+op�rty d�mzged, if thc t�stoiativn or repair is economicallg feasibte and Lendec's security.i�rtot Iessened.�1�
<br /> restoruioa ar�epur is not econamicatty feasiDk ac Lender's securit�.x•ould 6e lcssened,the insurrnce pro�eeds _---
<br /> applied ta thc sums secared by this Security Instrument.v+hether or not then due,with any excess paid to Borrow�r. !f =—-_
<br />- Bo�rmRer a6�rsda�s thc Prape�ty.or daes nat ansa,er utithin 30 days a notice from Lender that the uuur.uue carrier has - ---
<br /> - offaad to settte a claim.then Lender may rnttax the inauance pmceeds. �mag usc the pmceed��zepair�� -_-
<br /> � the propeity or to pay swns secuted by this 5ecurity lnshumea�whe[herornot thert due. 'Fhe 30-day pe _
<br /> thc nacice is given. i_=
<br /> F'; Qniess L,ender and Bo�ruwer ahenwise agree in writing.�any appiication of procerds to princ�pal shall not extend or �__�.-`-�-
<br /> � . �ne the due date of ihe:tt�anthty payments tefeaed ta 6t paragmpfis I and 2 ar citange the amount of the payments. If. __ —_ ---.•-
<br /> t -�
<br /> m�puagraph 21 tAe Propetty is acquicsyi by i.ende�.Brnmwer's right to ar�y insacance polieie.r-and p�oceeds resuitiag --.��- --
<br /> ` fro�a�amagc to thc PrapeRy paor to the acquisition shal�pass tn Lender to the cxtent of the sums secured by this Secutity+ --:�<-
<br /> �-.:.._�_=�-,---
<br /> Insttunxnt immediatels prior to tfie acquisition. �-��.- "'�
<br /> ;.�;r�:
<br /> . .. , i� p�pwcy. pYeserratlon, MaigtenAncc and ProteaKion flt t6e Property, Barro�er�s l.aaa Applicatioo; ,-r�-
<br /> I,e�Iloids..B�mwer shaU prcupy.est�bCut�;anQ use the Prape�ty a4 B�m+nw•er's princigal�esideqrce�arithin sixry days after r '�'�-��
<br /> r.. -� Y.r��::�.r_---:.
<br /> t�e�aa,of thu Security 11�sttumer►ranb'shalt continue to accupy the Pcoperty�B�crow�ec's ptit;cipai tie5idence for at r;,.,��sn_•��
<br /> - ; [e� ii�e;��r�after the date of accup.vtcy. untess Lerxier othetwise agtees �n R•re�a. w6ich consettt shail aat be ��r=:n•::_�..
<br /> ,;, ` t�bi?withheld,or unless extenunting circumstances exist whi�b are 6eyaad 8vsrtrwYr's conual. Bomnwer shaD!not . �, �:'':+�?'_
<br /> ' �e s t ro y,d a c n a g e ar im p a ir ttte P Y o p en y.altow the Property to deteriorate.or commit waste on the Pioperiy. Borro��er sftaJ't .. ..:;�':'. `:-�=...,__
<br /> �_ 6e in defa�dt'i€sr►y forfciture action or praceeding,wbetrie�civil or criminal.is begun that in l.ender's good faith jud�:c:��' ., - ---.-
<br /> - could re,ult in forfeiture oE the Properry or aherwise materially impair the lien created by this Secunty Instru�i;cz •;�-�::_
<br /> 4 .• - .. .. . _
<br />---- l.endes's securiry interest. Barrawer may cuce sueh a def�it at►d ieirtstate,as pravided in paragraph 18.by causiag Ctvr`.cu`tion �
<br /> • •'��'• �� or praceeding to be dicmissed witb a ruiing that.in Lender's gaad faith determinatioi�,.pceciudes forfeiture of Ihe��rer's =.---� ��_
<br /> ' intetest in ihe Property or other material impairment ot the lien created by this Secunty lnstrument or Lcnders�curity ,
<br /> ' Y�`' interes� Borrower shali alw be in defautt if Bormwer, during the toan application prcecss. gave materiafly fai,e nr � _
<br /> � �� ���+:'�� • ' •�•�• inaceurate infarmation or+�tatementy to i.ender(or failed to provide Lender with any material infam��csl,in cormection with _, �_ - .
<br /> �`:�=':';:: ` ttrz toan evidertced by �he l�tote. incladins, bue not limited to.r+zpresentations carsceming Borrc»�.��aceupancy of the ,, ::: : ... ;� .
<br />, ' tt ' -=
<br /> � � . ; t��ty as;a principat residence. If this Sccurity Instrument is on a te�sehbld.Hoao�cer shall compT}�a+ith ali th�prqvisiar,s:,•.:: ' .: ,;.::•'
<br /> ;
<br /> ,_�;.. � ✓t" lease. !f BaRawer acquirea fee title to the Propecty.the l�sehaidand the.fee inl����_�i�at merge anless Len�sa•�� • ' .fi�t�:`-�_
<br /> •: '����<<'�,s`' � _
<br /> '• .x� •. � '�at+�e merger in writing. � . .. . ° _
<br /> - � _ ,. � p�ectbn of l.ender s Rights in the Property. If Borro�+�c faits to pzcf�rm the coveaanGc and a�r�enrs ` w _
<br /> ,.� ,���:� �rt�;�•,';�:• •'" ,�tatained in this Security lnstrumenf. ar them is a le�l pmceed'uig�i�may�ign�ftcamly affect Lender's rights in ihe° `,�-_
<br /> • �'� �"',�°�;;�;:%��''''�`����• � :t�eperty(such as a praceeding in bankcuptcy,probate.far condemnationarfort'eiture ar ta enforce lawc or regutations).then '., . . . '�:_-
<br /> � '�'='•` �� �ider ma do and for whatever is neces�ary to protect the value af the Pro and Lender's ri ts in ihe Pro rt . •�'� _
<br /> ..:,�. ,:.;, ��; Y PaY Pem F� �.Y � -
<br /> ' :"=.f,":"•`'•. � . `C�nderc actioas may include paying any sums serured by a lien which has priority a�er this 5ecurity Instrument,appeanng _ _
<br /> ' ''7'�`:'°'':�; in coun.paying rcasonable attomeys'fecs:uid cntering an the Property to make rep�i.sy.Althaugh Lender may tak�action _
<br /> �. ,;, . , �'.
<br /> � � ' � under this paragraph 7.Lender doey nat have ta da sv. • ' � •-
<br /> ,<�ar:,�,a.07;.;::n , .;. � � amounis disbu�ed by Lender�mder thir pacugraph 7 shal{became additional debi of Borrawer secured by this •-:=z;r;_
<br /> , ��'.�,.::�: • Y . .
<br /> �- ,,� �#�' ;`���: Securiry Inurument. Unlesz Sartower and Lendcr agr�x to ather term.y of payment.the�c amaun�s shall bear interest irom the _;.l:•_.,
<br /> • f��.Y:� ' -
<br /> '�=�:� r � c�te of disbur.r•ement as ihe Nntr ratc�nd shall bc payable.with interetit.upon notir.:`Gr�m l.crtder to Borrawer reques ti ns
<br /> . �:�:•;-�,• ' �`� :
<br /> ,.�� z _ -
<br /> . �:;y�<.c,.,: � - �a:yment. � • . � -_.
<br /> � 8. Mostgage la4uronce If l.ender reyuind mc�rtgage io�urance as�candir,�yn�f making the laan secured by this
<br /> ` '� Security In�trument.BaRawcr shail pay the premiun�.�rcquired tu maimain thc mnngagc insurance io effecl. tf,for any ,
<br /> % � �� ` reason, the moAgage insurance caverage required hy l.endrr la�e.or ceutiey ta he in e(fec� Barrower shall pay t'�� ..
<br /> � 1��°'. .-' � pmmium.c reyuired ta obtain c�►verage yub�tantiaUy equiv;dent u+ the martgage irnurance previously in effec�. at.a,ca�s • � _
<br /> �J �;ubstuntially equivalent ta the cu�t tn H��now•cr��f the nsongage intiurance previou�fE in effect.fram an altema[c��:�.a-r�a�=
<br /> ��`�`'=;, ;��;zrer appmved hy I.ender. lf�uhslantia lly eyuiva lent mnngage in�ur,uu e co v e r a g e b�n o t av ailable,BoRawec cT�µ.��y,tc� _ �;•�-__
<br /> :, _~ •
<br /> x��..;.'r
<br /> ,:. �„�u� �u:iender each manth a�um cNuul[o nnr-twclfth c�f thr ycarly murtgage inrur.�nce prc�rni�;n hcing paid by BanoK•�i���s�t�P ;', ,� '
<br /> . =.'=-_=--;• ,in�urance covers�e lap�cvf ur ce���c�t to he in�ffict. Lrndrr will�cecpl.u�c and retu�n tir��e pa�met�,��.c a lays r�:z�e in i1.,s -
<br /> x�� ±� ;�: af mortgage in.rurance. L��.y re�erve pa}�ment+may na tobger he requind.a1 the opti�n ai'T�en�ar_iF morlgage s`:�:urencz
<br /> � '':..' , � , .caveragc(ia thc amaunt and far the pericxt th:�t l.end��r rcquirc�1 pravidcd hy an i��ure�a�pruvcd��;��?.ender rgazn 6ecortt:� .
<br /> . •�•`+'����''�' •"��" ` avuilabtc:uid ir abtaincd.Bnnutiv��r�h:dl�+;�y Ihc premiunx�rcquircd tv mainuiin mart�s�:in.rurancc in cffccl.or ta�ravidc a , {_,,,,.'.- ._• .
<br /> - ..�rtx.�: :.:
<br /> � :�;s rescrve.uatil thc r�yuiremcm f�+r m��rlgagc in�urancc cn�i�in accc,rdancr�vi�h an. .crittcn agrcemcnt t+ctwee�Bonower L; -.. _•.
<br /> ' � , ��� and Lcndcrctir applicahlc law.
<br /> � , , ' 9 Inspeellon. I.cnder ar it�a�,rnt may makc rca���i�ahle entric�u�wn and in•pectiun���t thc!'raperty. Lender.ha10 �
<br />'%``�,;•,;;!;' ;, . � �;iti•e Borrowes�uticr.�t�he ti�n.��f��r priur u+�m inr�c�i�.u.�xcit'yla�;r�a�unable cau�e t�,r the in��xetion.
<br /> .,;:�� . .` ' 10 Condemn�tinn. Thr pr�x;ccd.of:my a«:irA ur cL•iim(ur�I:unagcy.dircct or can,cqucnual.in c�,nncctinn�vith any ��• • .
<br /> , . Singlv F.�mily-•F'anni��tar�F��AQk�1�c('�i1FY11i�11%ti'tNl'.yE�l'•-t'niform C��ccnant. 9;911 rpu+:.•�.}n pr�cr�� �
<br />.. � -. . . tatdl L�tr�IMciarR�F�rtr�,':.0� ; .
<br /> . � Tu IhQef f A►1•fllUS:tatY.lD9 O 4At t:l6T9Ft 1 t! � '
<br /> . . ,��. . . i
<br /> � -:�.�. . . . �
<br /> � _.-_ . . . . . _..__. �.;,:,:,�,�:. . - _ � � � . . . .
<br /> :4!�..._ .. .. _ . ._ � .._ .. . .. . . � _ _ . ' _
<br /> . ny . '� � . . . . . ,
<br /> . _ • i : � � . � ' . . . • � ' � • , .
<br /> . . � � �. ' .. . . . .. ... . ' ' ' ' ' . . . .. . . �
<br /> _ _=-:--_-..:. . �__ ----__—__' __—_ __, ' — .. - _ _--_ _ __ _ _-___
<br /> ' � _ � . . •, ; , ' ' . ' • - . , _ - _ . � _
<br /> .
<br /> � . . . . . . - • � . .
<br /> . Z .:. ' I ' • . 1 .
<br /> ti
<br />
|