|
-�
<br /> �_ '� -
<br /> -__�._. . . . , :. . . -
<br /> r,:.�...__ -,. ,
<br /> .
<br /> i�. � . _. �. 'S y�, 4''.y_ � _ . _ . . . _ . -
<br /> � _ .
<br /> .. . . .. � .-� - . . -- -
<br /> .� .. .. _ _. -� -. -....
<br /> ._� � - - � s`_' — - 't: ' ' --- - c.. . _ —... -` - . . �
<br /> .;����' . �r, J . .... . . �.._ _ _ - � . .--
<br /> -_ -_ -�- _= -� 1 . _ � _ . � - _ _ , _ ._ � 92—.i oia�s:
<br /> '_ _ ' _ . . . . . '. . � .... ... . .. . .._. -. . r . - . .' _ .
<br /> ' . •� ��r p�opeeiy tiwrwo� Bonower•s�ll l�eg dre`impmrSments i�aw esisang or baraRer ecected on tQ�.
<br /> p�op�ty�ucnd�gaiitst loss by fire.I�atds indvded witLia thF term�exkMed om'er+Be'aM any atlxr huazds,iqcladia�
<br /> ' tloods ur tlaoding.for which Leeder tz�eires ir�wrance:This inau�noe sl�aii�6e�in the.itmoums and;for tN�periuds` .
<br /> -_ 'd�t l,eoder�quires.11�e iasararce ear�ier providing tGe,iawtanoe sls�tl be cdosen bY Bc�mnwef subject to l�eecier's approyal.
<br /> -7-''- ' wl�h s�at!not be�nnesso�hiY withheld: If Eormwet fuls to tnait►t�in covenge descn�sbove.txader may,at�der'S :
<br /> =_�— �-'���-- . apdon,obtain covetage to pcotoct L�ader's rights in the Pcopetty in accoiduso�v�rith pa*a8*aPb?:
<br /> -'-� :. AU ingd�nce poGcies�nd r�wals siraali be acoeptabte to Lender a�shali a�ude a st�dud moRgage clauso. lenda .
<br /> - = --_:=-�� sinti 6ave the eight to t�ot�thapolicies and s�rals-If l,ender coquire�_8ormwt�shall promptt}give to"[.ender all receipts of , �
<br /> ' -----� � ' . P�P�nituns and tenewwal notias.In the event of loss,Bomower ahall giva prompt notice to the iacuran�x curier and L�ender.
<br /> --��';� Lead�es mry makc proof of loss if ua!madc pmmpty by Bomower.
<br /> U�����nd gonower atfxcwise agree in writing,insuranoe proceeds shalt be apPlied to mscoration or repair of the .
<br /> . .r, ' ptnpeRy damaged,if tir�nestor�tion or repair is ecanomicaLty feas�te a6d t�s seauit;►is not lessesned.If the restaration ar .:_:.
<br /> =-'`- tepair:i�rot econo�ic�y.fcas�ie or Lender's saa�rity woald be les�e��.ti�e"s�r�ice Fiaooads stiall ba appliod to the swns ;.
<br /> ,��;'�# ' senusd b�dt�s S��Y Iagcumr.nt.wi�etHer or not tha�due. witi�aaY e�c��•ita Bcicfower.,.If Borrower abandons dse
<br /> eZ i•f!r ..� •. .� - '
<br /> _ - J i1., axd�oes not answerWithin 3Q daysa mtice from Lende�ilnt dse-i;ss.a?aee carr�ec has offered.ta setBe a cfacm,�en- _._::'--�-
<br /> - p�t'°Petty�.'.. or ta 'sz�s..
<br /> - ' ��' _� Letx�er may wAax tbe insuiaaoe Proceeds. Irender m�y nse the pcac�s r�;:;e�air or rescure the Frapett},c pa�: .
<br /> ` ,�`. . .'secured by this Sa��Inst�ument.wbether or not tha►dae.11�e 30-da�p�?�anil begin wl�en the�doti�.'is g�vea�.;;;.;, .
<br /> Untsss lendes ae�i Bomnwer atherwise agne in Wriaag,any aPPtira�iao of�prooeeds to principa4�s�3•'�at��� .
<br /> ' ,�•n postpape tt�du-d�:of tlte monthiy.paymtats referred to��graphs 1`and 2 or c6ange the amaunrflf;���?3�-�-'�: �'�-•
<br /> ' �, .. � x2 � und�r{�agrapFt 21 a�Propetty,is acquirod by I.ender.Bocrm��s rigirt to�ny insu�policies and proceacts t�?Ti�r3�ivni _
<br /> < ; '�` ;�' ui tLe exteat of the stuBS secured by this Secunty'I.''�n� ---
<br /> ,:� .� dama8e to"the�rop�.'rty:prior to tbe xq�sitioa si�aA passto�q's�'
<br /> �- . . :,
<br /> iauncdiuety priar ts�the acquisitiol� : , ` :: '�; : � ,
<br /> � �. � 6.Ooc�cy.Pt�+Msinte��pd Rv�t�edua��at,fie Ptn�aRy:BorroRCr's Loan Appiicatioa:��ea�elidds.�_ --
<br /> ; . �• :� .
<br /> � ' ' - 2�,-��° Borra�ecstwll flcc¢py,establish,and use Me Property ac Sa�����iacipal residence within siaty days after the executidn oE�` ,'�:` _---
<br /> ?,."=�'` "' this S�sainy Insqument and shall contiaue to axupy the Prop,��as BOrrower's principal n�sidence for at least ar�,�i�� i
<br /> . . .� � .
<br /> .,.: � ��df occupatKy,unless l.ender atherwise agrees in writing.which consent shall not be unreasonably withfiets�.or^�-ntess + �
<br /> ;-...:..-
<br /> , '.. _ exteauauin ci�es eaise which are 6eyand Bocrower's control..Rotrawer shall not destroy, damage or i:r�pair.the . ���"�`,�
<br /> � , g -;-.
<br /> ,' ; r" ' pcapertj�,'�llow tt�e Propeny to deteriorate.or oommit waste on the Property. Bocrower shall be in default if arty forfeitu�e ' .: .,--
<br /> ` ' action;or��soceeding,whether civil'or criminal,is begun that in I.ender s good faith judgment could result in forfeitµre of the , �' ' ,�-;��
<br /> ���:,;;�::t�;,�; p��rty'��rwise materiallyR impair the.lien created by this Security instrumenE or t.ender's security intetest.Hc�rrawer may ::;.:' _ _
<br /> , , ;.:,,•.,. � ' ; ._,
<br /> "' cu:e such a de fau tt a�reinstate.as prm+i d e d i n p a c a g r a p h 1 8.b y p u s i n g t h e a c t i u n o r p r o c e e d i n g w b e dismisseA with a ruling "
<br /> • ,�,�::,;,� , or other materiat: : ..� - r� -
<br /> .�,;f�,:, ` that, in l.ender's gcrocl.faith detecmjnatian, Precludes fadettnrc of the Bo�wer's interest in tlK Pmpsrty , .ur� c
<br /> '`,?,,� . � impaimxnt of iha 3ia►created by this Securiry• IRStnunent ot Lender's srcuriey iriterest. Borrawer sE�t�`also be in default if �'�� :`
<br /> . Bormwr�,d�in g the loan a Q plication proces.s,gas�,r_taterialiy false or inaccurate inform�tian or statem�ears4o Lendcr(ar failed �._.. -.
<br /> r� ,..
<br /> - .�� to prav�fe Lender witb arty material informltion)in cmi�ecic�n with the loan c.widenced hy the Note,tci�wuding.but nat limit e d :;�3.. _ __
<br /> • ta,s�;esentations conaerning Bamqwer's occupan..^y of r�a�1�.5perty as a principal residence.If this Secur:ty Ins�tnsmient is on a , ���--�
<br /> � � . - I�old, Borrower shall comply with all the provisions�f the lease. If Borrowee acqui�es fee ae[e-to tt�e Propecty. the ' ",��-
<br /> �� • ��ehold and the fee title shall not merge unless I.ender agrees to the merger in writing. ;���
<br /> � •7.Protedbn o�I.ende�'s Rights ln the Property.If Bormwer fails to perfartn the covenants a�.�_c'�nents contained in �� � �
<br /> _i,,y�`
<br /> � � this Sevuity Inswment,or there is a legal proceeding thu cr�a� significantly affcct I.ender'g rishts in�e'P*ape�ty(such as a . • �.
<br /> � � procseding in bankruptcy.probate.far condemnation or fo�'e""�re or to enfarce laws or regulatlons),th�i.ender may do and , ;; �'�
<br /> ' pag for whatever is necessary to pratect the value of the Pro�ie�ty and Le�der s righu in the Pmpeny. �.ender s actians may ':
<br /> °.�. i�ctade paying any sums secured by a lien which has pri�rity aver t6�is 5ecuriry Instnrment. appearing in caurt. PaY��B , • '�^:__.-
<br /> � ,���"' '• ' reasonable attomeys'fees and entering on the Praperty to makc rep�irs.pFthough Lcnder may takc action under this paragraph , . x Y�
<br /> � ,!;':. 7.Lecder dces not have to do sa. ' ' �. '
<br />�� , ,��;;''�,�;,;: •Any amounts disbursed by l.ender under this paraga�._7 shall becomc aAditianal debt af Borruwer secured by this � ,_
<br /> '%�'='�' � Security Instrument.Unless Bonower and l.ender agree t�o�:�i�r terms af payment,thcsc amounts ahall bcar interest fram the ,� ';-
<br />, ,�t.„
<br /> �"i';���;';'�' • date of disbur.sement at the Note rate and shall b�payahte, with intcrest, upnn notice fram l.ender to 8onowcr requc�ting , , .
<br /> ,� ,�.. a � � .,_ :�.�,
<br /> • ��� p yment. , �
<br /> • �•�,`..i;�`;�ti;r,:,. 8.MortgaAe U�surance.lf Lender required mongage i:isarance as a c�nditian nf making the toan setured by this Security � . _
<br /> ,..,.:�,,.. .
<br /> •;i,�:�'�?. ; .� Instrumer►t. Bonower shall pay the premiums rcyuired ta r-,�'�tain thc martgagc in.r•arunce in effect. li. for any reus�n. tht , :.
<br /> . mortgage insurance caverage rcyuitcA by Lcnder lapscs oa c:�es ta bc in eifrc�, &�rrawer�ha11 pay thc premium�rcquircd to [
<br /> • ' • • �, � � : o�ta'sn coverage substantially cquivalcnt to the m�ttgagc imurance prcvicru,ly i�cfic�:�,at�co�t cubstantialty cquivalcnt ta ihe ( .
<br /> . . ' casl to$orrower of thc mortguge insurancc previnusly in cffcct, from:a.�altematc mo�gagc insurer approvcd by Lcnder. iP i
<br /> substatstially equivalent mortgabe insurance coverage is nat�vaitabfe,Bnrrower rhall pay ta l,ender each manth a si:m equat to � �
<br /> � ` one�[welfth of the yearly mongage insurdnce premium being pz:i�by Bovrhwer when the insutance caverage lapscd�r�scd to � :
<br /> � � be�n effect.Lender will accept.usc and cetain thcsc paymcn>S as a tosc rescrvc in licu ��f mortgagc insurance. Cr� rescrve �
<br /> � jO1!!f�OZS �/� Y '
<br /> � f '
<br /> , � DaOe 3 a�B � ' ,
<br /> , . , . . � . .,.
<br /> - � � �t�� - .�
<br /> ':. :,.�.;*';�;. ' . . . . .. . .. .
<br /> . '��,. � .. ,
<br /> � ��!' �. . � , � - . � . . ,. ' � . �. � . . '. .. . ._ - -._.
<br /> • ,. . .�r,' .. � . . .!, . . , �:, ' , . .
<br /> , '.<'' . , .. . � . . . . .
<br /> �-.r . . �. . � � � � . . .
<br />� � _ � . -' -.. ._ , .�. � _ ... . ._ ._. . -�—. - - -'- ----- - ----'-..—._....__ --------� ---�-- -. ._. ... ----- -..._:...- -- ---
<br /> , .
<br /> ,
<br /> .. . .._��___..—.___..._ . _ �._ _. .... _.. . . � . . .
<br /> � � ' t . . � . ' ,
<br /> �--.. .� . _ � _ _ ,.,. . . � . - ---...__ _ � .--- - - - --- - -- - - � --
<br /> �_ . :.. "� .� . - -f-- - . . . - -_ . . • . _.. . - - .-. -. ------ _- ---- . . . . � . . . .
<br /> �.i .�,J � {. . . _ . . . . .. ' . , - + , .
<br /> , �,s . .. _- . '' . . . • � � � "
<br /> _
<br /> .
<br />
|