|
, . . . . . .F ::;��:
<br /> -. ... , '.. . ..� . . • <• � �, ' � . . . , ' _ ' c" �
<br /> , . . .
<br /> y.. . . . J . . _ _ . . • . . :•�,� . � . � ., i - .i
<br /> • ... . . ' , ` .. ` . - . « . . . . � " ' . . . . . . . � � � t�
<br /> •, ,�' _ _" _', '
<br /> ' i''
<br /> l-.M
<br /> .�F • . � 'tP1�G.
<br /> �(-�•y
<br /> !.'�:_1"�'
<br /> � S.Nazard a�r Prap�ty ar�•��= Baaow�shaII ice�the improv�m�ts nnw exissiag or heeeaftar � on the�opraty .:�`;,�;;�,':
<br /> ' iasared against Lass by fire,�ards iacW�ed witd�en tLe term°a�tgnded c:ove�e" aad any other hazards.iactadmg tlonds or �
<br /> Qaading,far a�ich I.ender reqaues ins�an�.'lhis iassirnuc�shall be a�ains�me�in ehe Emaunts aad for the peaiods t6at Lee�d� .�`�'
<br /> requinz.v,'It►e insuiance�psoviding ttte insvraace s6ai1 be c�as�by Bormwer sub�ect to Leader's a�rpmval whicb shnD aot
<br /> be im�,�onably cvithhePd.If Borrowea fa�s to maintaia cov�ags d�above,Le�dea may. at I.endea's option,obtaia ,.
<br /> � ouve�w pmrest I.e�dea's ri,ghig in the Property in acarrdauce with pa►a,gYaph 7. �"��
<br /> pll;,,�„-��^�polici�s end�aewals shall 6e acce�St�Ie to L�ader a�u1 shaaD indude a stand�d mnrtgage clanse.Lender shall
<br /> J have d�e right to Qatd the policiss aud renew�tu.IfF Leu��qaues.Bmrower shall pzomptlp give m I�drr stl receipLs of gaid - �.
<br /> pmmiums sad reaewa�no�oes.Ia the evr�t of Iasv,Boaower sh�ll give pmmpt notice tn the�suran�e cauier and Leade.r.Lender �—:,:.
<br /> may maYe praof of Ioss if aot�F�PUY by BomQwer. � F�..
<br /> � Ualess Lend�r aad Basower odterwise ag�ee ia wridng,�praceeds shatl be applied to resrvrauon ar repaIr of the
<br /> . Ptoperty damaged,if tl�:sest�ation�r r�pair is ec�ua�aity feas�Te�d T.�d�z's sec�uity is nnt tess�c:Q.If t�e resmiation aa .
<br /> '."� �+epair is noi eo��amicaIIy fea�ble or Leuder's seauiiy wnuld�e T�,s�e insmance gm�ecis s�aII�applie�tn the s�as —"""�
<br /> s�aued hy this SeaQi�y Insaument,whether or nat thea due. with aay access g�t�Boaawe� 1f Batmwea a�dons tha �_��`_;':-;
<br /> ;, ' Ropesty,ae doe.s nat aasarer within 30 days a notice fm�a Leruiea ttuu dte in�ttano�ea�a bas offe,red to setde s claan,d�ea ";`
<br /> , Lmd�r may cott�c�he ins�aace groceeas.I.�dea inay ase th�e proce�ds w�3abr or res�ate PzopeatS►�to p�ay s�ms se�attea �,
<br /> �'-�Yr:.. .
<br /> by this Seeucity Insuu�aent ahethci ar not theu due.'il�e 3MIay peiiod wiit Eegi�whe�the natice is geve�. ��,.
<br /> "`` UWess Lcmdez and Boaawer uthe�iise m e�rida .aay apglicarinn of to �rnII not exte�d or stp�� -
<br /> �� 8 D�� P�� Po �.��.`__:
<br /> the dae dat�of tbe monthty paymeats refa�+ed w ia parag�aphs I aBd 2�ct�ange the�raflmit of the g�am.lf u�er paQagraph F--=.=--
<br /> an
<br /> ��:,_:.
<br /> . 21 tha Raperty is acquired by Leader,Baaower's rigdt to mny mssmsnce policies�u3.p�^aceods r�g fra��e tn the �.,,�:,
<br /> � Pmpe:ty�taor ta the acquisfti�n shaU�c�I�des to the extaat of the sams s�h��.is Sea*�i:��as�..-^�,.�nmediarely �!'�:_.
<br /> . pri�r to the srxing^itian. _�
<br /> 6.Oacup��2rvaS�a�iddaEmtenaII�e eatl�4rote�D o!the Psop2rtyi Borrawea's l,o.��'+plit�tio��Lwse� �==
<br /> Baamwer s�ali c�apy.establish,�d usa the Pmperty as Bonrower's�rrficigal re�deuce aritL'm stxty days aftes the exeaminn of =`�
<br /> .,� this Security Insuam�t�nd sHall cantinne tn accapy Yhe�'taperty as Boaowa's�resideaoe for at leact�e�r aRcr the �. .
<br /> date Qf oocapaucy.miles9 Leader othuwiSe agrees fi�writmg, wbich canseat shall aat be wueasonably�, or�Iess �.�J
<br /> eataauating catu�stauces exist avt�cfi are beyand Ba�mwer's controL Basower shaU not desbnay,damage or uapanr the Aogelty, ��� ������,��
<br /> '�:,� a31aw the Pmpe�w det�irn'aie.or cummit wa� �the Pcopecty. Botrawet shali be in det'auit if any faif�e zc�an oa C.a�='
<br /> . pmecedin8,�dval ar cc�minal,is hegim thai m Learler's goad faiih judgmeat canld resnit in fmfeitmue of tl�ee Propaty ea � _--
<br /> �.`�' otGe�vise mateiialiY Impair the lieu ca�ate�by this 5ec�ity ins�ni ot Lendes's secutiry mtaest B�rowcs may a�e soch e w��
<br /> ` � defauit an8�einstate.As proti+ided'm pa�agiaph 18.�7►causing tba acdnn or pmcee�id'mg w be dismissed wuh a n�Ing thai,in ---�-
<br /> ..:;cr. I.aoder's good fauh de�mina�on,Pnxludes forfeiwre of tLe Borrowds inte�t in the P�pe�ty��material imp�i�meat v�. —�
<br /> � ir' � the liea creeYCd�y thia SeGttity IASUUmeat�Lendds secarity inteiest�Ct¢rowet shall atso bt�iu d�aa�i if Botmwer,durin8 tba �:'.;
<br /> :.''�;>, tazn apPlicarion��cess.6�ave m�alIy falsz c¢Inaa�uase infar�annn 6r at�ments w I�eades(or f�e�3 m grovide I,�der wirb �=
<br /> �sy maurL�l�)ia connecti�u with the 1aan�videaoed by the Noq2.€�luding.but noi l.�mited t�. r��itions
<br /> , ���.;`• aoncaaing Boaowet`s acaipancy of tGe PanpeRy as a�aioci�pal residence�.If tttis Seauity lnshutne.nt is au a 1�,Batmwer ��—�'''-
<br /> . �:` shaU eompIy wt�all ttje pmva�ans of the leas��Harawei acqaues fea�tIe to tha ptogeity,tLe lcasdwld and the fce title shaD �
<br /> `i��. °ot merge uatess Icadct Rgtees tn Qie metgPt�t wrdting. �
<br /> :,",��,ti 7.Protectbn of Ltade�s Ri�ts in tbe�toDeriy. 1f Ba�mwes fa�s W pe�form the coveaants urtd ags�emeat�conta�nEd ia --
<br /> . . tbis Saauiry Insaom�a�a thae is a legai paooeed'mg thai may sgm5c�nfly affcct Lendes's rights in the PraQerty�(such av a �'
<br /> ,--.{: p�oceedmg in bauo�cmgicy,Wob�e.fo�r cond��ar fasfe:mre ar to c�i'asce lawa or regWatioets).ti�ea It.�d�may tW sad pa}+ �--
<br /> . .'� � fot wbatsvPt Is�eeess�yr to pratset the value of dse pcngeaty and�'s rigt►ts 9a t9e�co�ty.�.eade:'s aettans may iaelude =
<br /> !.'��'` F�Y�B�Y�ms ee�od Dy a liea wNcD tt�s prbriry over this Secur:Ry IasmimeaL appe�rm8 ���S��.�
<br /> '`" oliameys'fas�»d cnu�i�g an tLe Progesty aa�Ye re�ai�s.Alt6oug���r�ier may tal�e ac�a�n anGer thiv pata�sapb 7,Ieader. �_..__.
<br /> ;:,.`;�.��'�.r i ,rr-
<br /> ' d0C9 00t AAVO�D d060. ��
<br /> � Any amoanfs disb�used by L�ender nuQe�r ttris�'�shatl beo�e sdditiaaoa2 debt of Bamnwea soauec!6y�Secu�ity ---_--
<br /> �U Iasunateat[Ja�s Bomawa aad I�des a�oe to atha¢�s of �x�-.,
<br /> � paY�en�tbesa aa�avnt9 stnU bear in�est ftom the daie of
<br /> .}.; ditb+usemeat�t the Note r�e snd shalt be payable.aitli intcrest.upan natioe fmm Lenda co Boaawer re�estm6 PaY��
<br /> , ,';;,��s i.MoiR�ge� Lf I�enda roq�red mart�ge�oe a�a cundidoe�of rqa:iia8 the Waz�seauoQ by tiils Sacwtry ��
<br /> .':4:� Iasuom+�t.Bo�sow�r shall pay th�p�iuno��ua�o� maintatn tha mort�age in�uance Ia effect 1f�for anY reuar�. the �",�-`:
<br /> maatgaga ias�u�sce oaveaage roqnired by Ieades tapses ar ceases co be in effec�,Bonowei sbaU�ay►@�e p�emimns tzqmrcd tu
<br />� ��. obtain wvera,ge subs�ntiaIIy equivaleat to the mortgage ins�ua�e previaugty w e�'ect.at a oost sub�►tialIy eq�avaleat tn tbe �.''_:,
<br /> ' ,;;;�,�.. oos�t b&x=owe�of Qte mottg�ge insvr8�uc�Bnv3ousIy In e�ect,ft�en alterrwte mortgage inr,uc�'approved by La�der.I€
<br /> `;:����. sabsta�►ti�lty equivaleat mortpge insur�ce ax�erage iv aot available,Bar�owu shall pay to Le�dc��h month a wm equal ua �
<br /> � '�'!'° aao-tvsrelfth of Q�e yearly mu�e insuraa�gcemium being paid by Baimwei whea the ins�aaaoe�•rve�age IapseA�oease�a► _—
<br /> � � :�`�� be in effxt Lao.da w�l eccept,use and r.�th�se paymeats ag a ios4 cesr�ve in lieu of mortgag� msura�u�.�ass cese��e —
<br /> :,;f: � �...
<br /> : �� —
<br /> �r;���; Raoe►aola 9;�s�L = --
<br /> ,. . . d.
<br /> ;,�;� �dR�NEpicz�s�.oi Pap.sofe mn�aa: ,�:::°-_
<br /> ';�;�� • �-
<br /> �,.. , � >:�.� .
<br /> •i� ��� ...1 �. ^
<br /> ��$�`.::
<br /> • . • ' . . ,.,, � ' � � " ' +'. ; ' . . ; : . . • .. . � �.
<br /> . ,
<br /> . , ' . . -• . • • , .. • • � . , .• . . . ., , .:.'
<br /> _.. ,._ . . , _ . .. - - — - - • _ _ ... ..
<br /> , � . � . .. • . . •. � .. ' . , . .. . �. . . • �. _ • � ' • ;�
<br /> ' . . . •. _ ; . , � . ' . . : . �
<br /> � . • . • ' • . . , . • .
<br /> ,. � ... � . � ,. ' • � �.. . ' . .
<br /> ,- � •. ' .. . • . . . .. . . ..
<br /> � � . . , .
<br /> . . � .; . �... •
<br /> .
<br /> �� •� !n �` � • '. ':�•3 . ,. . '�1 'i, ' � . . , ti _ .. .�� ., . .. .. ��
<br /> .. . - . .. . • � . . _ .. . . . • .'.. _ - , . . • - • .... ' . i . ' _.. � . • - ,.. �• . � .. .``,-,;,�r• .., _ . • a , � . ' .
<br />
|