|
. . . .. _ :. . - �.{1�61• 'r"`]
<br /> . 1
<br /> �,,` ',.� ..' '1r''"_".—____.._ . �-..r.�t'.a:�ta�s!f't7nlW�KN�,�i','1
<br /> . . . ' . ..,.rc...._-_._.=:?-.�:.
<br /> • ` .ti.,..�y, r �;��� � - --�-'
<br /> ..� { f��;` '� +, f}�f . r . -. . �r` -
<br /> • >
<br /> �wr+u�r.��tiW+�fi.vJ.'•.a-..aw..v,r'oidl6�l.�f. ' i��4�".,,�.,. ., t.,...v+ .
<br /> . .
<br /> .�.,.�. v��.�...._.. ..... _�,. .._. . . �:- - .. ..-...�-.�.�:._ .,_... .__?__ _ . --.__.
<br /> i�fi fJLY1YW -�.i��MYd �Wua...:
<br /> .. ..�....�. � -.���. ..
<br /> -.��;..��.i.4p�� ��R'DR}s'���wMT...r�......�....—��T�i'��'�^�!!•J";. .... w __
<br /> �._.. _.�. z_" ����_�.�r........�:�_�.���_.: _..- ..1�,.�:ert.re.�C�.��T.Zi:�'-^�'r(;?f. "{`" ".3v� 1 . .. . .. ...
<br /> ���rw��� wrr�rr�
<br /> ����� —
<br /> — — - —
<br /> .-a..��TiT.ii.T'�WJT"-..aw.ii�_e.i - -�i�`ri'..r•�^ - - _ _, -�_._.__._.��—_
<br /> � ��' �.Q➢���� �-:
<br /> S. Hrazard a� I'�operty Insurnnce. Borrawcr shall kccp the improvcmcnt� now cxisting on c�rcaFtcr crcctccl on thc
<br /> P�ap;,rty in:ur�:;gainst lo:;s by �re, haz.�rds includr.! !��ithin the term "extei�ded ��,vers�ee" and any other ha7urds, including
<br /> Ronds or flcoding, for which I.ender requires insurunce. TI►is in,nrance�hall be m,�intained in the amounts and for the periods
<br /> thut Lcnder requires, Thc insurancc c.�►rrier providing the insurance shnll be chascn by Bnerowcr subjr,ct to Lcnder's iipprovnl
<br /> which shall not bc unrcasonubly withhcld. [f Horrowcr fails to maintlin covcragc describcd abovc, Lcndcr may, at Lcndcr's
<br /> option, oUtnin coverage to protect Lender's rights in the Propeny in accordance with paragraph 7. `�
<br /> All insurance policies and renewals shull be ucceptu6le to l.ender and shall include a staadard mon�age clause. L.ender
<br /> shall have the right to huld thc policies and rencwals. If I.ender requires,Borrowcr shnll promptly give ta Lendcr aU re.cipts of
<br /> paid premiums and renewal notices. In the event of loss.Borrower shall give prompt notice to the insurance c�nier and I.ender.
<br /> L,ender may make proof of loss if not made promptly by Borrower.
<br /> Unless L.ender and Horrower othenvisc agrce in writing, insurance proceuls sh�ll be applicd to restoration or repair of the
<br /> Property damagcd,if the restoration or rcpair is ewnomically feasible und Lender's security is not lcssened. lf the restoration or ^
<br /> repair is not economically feasible or L.cndcr's security would be lesscned, the insurance proceeds shnll be applied to the sums
<br /> secured by tl�is S��curity Instrument, whether ar not then due, �vith any excess puid to Borrower. If Borrowcr abandons the
<br /> Proparty,ar dnes not answer within 30 days n notice frum Lender that the insuranee carrier has offered to setde a claim, then
<br /> Le��der may collect the insurance procecds. l.,�nder muy use the proceeds to repair or restore the Property or to pay sums
<br /> secured by this Security Ynstrument,whether or not then due.The 30-day period will bsgin when the notice is given.
<br /> Unless L.endcr and Borra�ver otherwise agrce in wrlting, any application of proceeds to principal shnll nat extend or �
<br /> postpane the due clutc oi thc monthly payments re1'erred to in parugraphs 1 und 2 or change [he amount of the paymcnta.!f —
<br /> under paragraph 21 the Property is acquircd by I.ender, Borrower's right to any insurance policies and proceeds resulting from
<br /> d:�nage to the f�roperty prior ta the acyuisition shaU pass to Lender to the extent of the sum�secured by this Security Instrument
<br /> immcdiately prior to the acquisitian.
<br /> b. Occupancy.PreservuYioi�,Malntenance and ProtectIon of the Propert,y;Borrower's Lonn Applicatlon; I.e.�sehald9. -
<br /> Horrower shull occupy, estnblish,and use the Property as Borrower's principal residenca�vlthin sixty days after the execution of
<br /> this Security Instrument and shall cantinue to occupy the Property as Borrower's principal residence for at least one yeur afler
<br /> the date of occupnncy, unlcss Lender otherwise agrees in writing, which consent shnll not 6c unrcasonably withhcld, or unless
<br /> extenuuting circumstances exist which are beyond Borrower's control. Bonower shull not destroy, damnge or impair the
<br /> Property, Allow thc Property to deteriorute, or commit waste on thc Property. Bon•ower shall be in default if any forfeiture
<br /> action or proceeding, whether civil or criminal, is begun that in Lendcr's goad faith judgment could result in forfeiture of d�e
<br /> Peoperty or otherwlse materially impair the lien created by this Security Insuument or I.ender's security interest.Borro�ver may
<br /> cure such a sief�utt and reinstate,as providecl in parugraph 18,by causing the uction or proceeding to be dismissed with a ruling
<br /> thut, in Lender's good faid� determinution, precludes forfeiture of the Borrower's interest in the Property or other ntaterial
<br /> iinpairment of the lien created by this Security Instrument or Lender's sccarity interest. $orrower shatt also bc in defnult if
<br /> Horrower,during the loan applicntion process,gave materially false or innccurate information or stutements to Lender(or failed
<br /> to prov{de Lender with any material inform�tion)in connection with the loan evidenced by the Note,including,but not liniited
<br /> to, represcntntiuns conceming Borrower's occupancy of the Property ns a principul residence. [f this Security Insuvment is on a
<br /> le,gsehold, Bonower shall comply with all the provisions of the lease. If Bonower acquires fee title to the l�roperty, the
<br /> lcasehold and the fec titic shall not merge unless L.ender ngrecs to the merger in writing.
<br /> 7.Protectlon of i.�nder's Rigfits in the Property.If Bonower fails tu perform the covenants nnd agrcementfi containc�d in
<br /> this Security Instr+�ment,or there is a legul proceed�ng thnt may si�nificuntly affcct Lender's riohts in the Property (such os n
<br /> py�oceeding in bankruptcy,probute, for condemnation or forfeiture or to enforce laws or regulations), then L.ender ntAy do and
<br /> pay for �vhatever is ncxessary ta protect the value of the Property nnd Lender's rights in the Properry. Lendor's actions mny
<br /> include pay�ng any sums seturca by a Iten wntcn has prtnnty over tms �ecuray �nscnim�nt, appearin� in wuu, puying '
<br /> nusonublc nttorneys'fces and entering on the Property to make repain. Although L.endcr mny lake action undcr thia paragraph
<br /> 7,Lender dces not have to do so.
<br />� Any amounts disbursed by i..ender under this paragraph 7 shall become additional debt of Borrower secured by ihls
<br /> Secu�ity Instnrment. Unless Borrowcr and Lender agree to other ternis of payment, thcse.amounts shall bcar interest fro�n the
<br /> date of disbursement at thc Notc ratc nnd shall be payable, with interest, upon noticc from Lender to Borrower requestln;
<br /> payment.
<br /> 8. Mortgage Insurence.If Lender required mortgage insurartce as u conditiun of making¢l�e lo�n secural by this Security
<br /> Instrument. Iiorrower shnll pay the premiums required to maintain t;��mortgnge insurance in effect. If, for uny reason, the
<br /> mortgage insurancc cover�ge rr.quired by Lender lapses or ceases ta be in effect, Borrower shall pay the premiums required to
<br /> ahtain covera�c substantialty equivalent to the mortgage insurnnce prcvioasly in ef�ect,ut a cost substantially equivalent to the
<br /> co�t to Borro�ver of the mortgage insurance previously in effect, from an alternate murtguge insurer approved by Lender.If
<br /> substmitially eyuivnlent mortgnge insurance coverage fs not avaituble,Borrower stiall pay to�.ender eacli month a sum equul ta
<br /> . onc-twclRh of the ycarly mortgage insurance premium being paid by Borrower whcn the insurance coverage iapscd or ceatied to
<br /> ' b�in effect. Lender will accept,use and retain these payments as a loss reserve in lieu of mortgage insurance. I.ass t�erterve
<br /> i
<br /> Foroi 3028 9190
<br /> , Pepo 3 010
<br /> -,�a�l1k i .' tr�:Tt.� . - . o -._ � ..�.� e. .��� __
<br /> x w r
<br /> `' `-�a�- iw it ��_.x'�1Ri.�a� c i � ��l tH !tl.tr - � m.�. _ _�.-,. -
<br /> '�,R .a�-xi-mc�a _�-.
<br /> ..-��t��r"G�+(,''Y �,.:r�`rs',-:7 1ti i �. n *�--�.a Y f5�r ���M'� - '---'
<br /> .i < S
<br /> _.'�'y�ti��t+k4k'l� [�7 y !1 P rS'i�L�_� �,,� � _
<br /> �"�Y: '"Y�Y��latV+ i~^.tl�.��� 3 R L _ . .
<br /> —�.I � ��yY}�.1.4�If�.x'f:��{f/�.Yr. ��� 'y�.'� 1 Ia - "�'1 �"'„ -_ - �ttc1R --. . .
<br /> A.1�JY�I N S' �Yjt'1^ ( { 'Y. _ _ I 1 - T f 3 .��y' ` 41��; _ _—'
<br /> * }y'� 5��'pp1Y�..,,{{ ry1l/1 -�� f �'l -4' .. 1t j4�=n 4T f�-!17u1{S a .
<br /> /+s�,{'\'�u� . ���1,A,Sv i��1,�5�.���•..� .�,.,. �.� :.. -��w .-�tit�q : �1���-=t.�_� t.r.a-1 �T'.r: .�.v�
<br /> ' ..�;�.. .t,,317� ` I li �Vr-,.�. -
<br /> ��7'1�� - y �'- . . � . . . �.:J . .. ,. :�'Y�- . � i i P;:4���+•�i�rA���`-
<br /> -.LtX� ���,i{.� � ' y,,,,.f � - • �:v' S�' � �� - ,'�.,� I � �ir��'[°S�L��F
<br /> 't��9���9� �.li�n�. r "'•x_I � y �.�♦�r � �� .} `�� lrn��e �i"i�r�,�r4 _ —_ —_-
<br /> ��,�� ��-ti.CS+l��i[�R'�,;.���i M nrJff,�`��` rh•.'�1'it���•,:{��k���#,���l�'�..�.v _ _
<br /> -- 11'. F,. :;ti�. .�-,+�. . ���..:.tk���R 1, ,` F.r•r � ;t,�r , �vt„N-�--•-° — —- --
<br /> �` i.. � • -. . . .. . . , .. ... ��....: � -. .. .�
<br /> �c� �� � . . �_ . � .� ., . , .�:� ' � ` .
<br /> J, Y:r,.
<br /> �3�} . � . _ . � .I ..i).�• �t., �,aS � G;
<br /> 1i��.• � , �� .. . { . . . ' • " aF1:,V.,[��'jyR�,�.�.r�,�}�RR ���7iF.�L;_
<br /> . , �,. �,,�y�.
<br />. . . .. . ��l' t.i�+dd,.�t� _L �����
<br /> . ..
<br /> -' .�-.r7_, _.. ' .. . � . .. .. -.1� t. . .....wL3k . .,._ �..
<br /> � � � _ ri..
<br /> .. #T . , '
<br />
|