|
.� v.�' w.�...�-.+►�..� ._ � ..o _�_
<br /> -- ��� . . ` - K ..iH..� ..� � ..s. , -- ..,:�;r=� - --�_.
<br /> _ , :`��t�+f�C �,,�?"�x..
<br /> .�.�lf��"`'`�...__.. -- — —
<br /> ::� �
<br /> :e=...�:.��"��� --- -
<br /> --_--T =�=� 92— i ��on 7 ---
<br /> ------ =�y-.� 4.Fire,F1ood and Otlier 1lpznrd IncurAnce. tiorr�wer shall inaurc ull impravemems nn �he Pm�xrty, whcihcr now in
<br /> -_--__- _ exixtence a�aubsequendy eratal.againtit any huxurds, catiuultics.nnd ci�mingencicr, inrtuding tirc. Wr whicli l.�nder rcquirew
<br /> Msurun��c. This insuranre shall t+c mafmained in �hc um�wm�u�xl fo�the peri��Js thut lcndcr rcyuirc�. &�rrowcr vhull ulw�
<br /> - — _ - insun:all improvements cm�he Propeny,whelhcr n�iw in ezi�tence�►r+uhrcyucnUy crectcd,nguintit I��+.ny Ikw�l�tu�hc rztcm
<br /> ;;,�.ti���- - requireJ by tlx Secretary. A 11 Insurnnce �hull lx�carried with companics upprov��d hy L.cixlcr.Th� iu,urunrr�+liric� •rnJ nny
<br /> "_ -----_-,�,� rcnewcds sFwll be held by t.eisder and slwll incluJe k��s payuble cluuse.in luvur of,uixi in a fiirm iuceptable�o. l.endcr. _' -
<br /> �'�ti±'��'a�i��.. •
<br /> ;�- ----_,-..� In the evant of loss. Borrowcr shall givc Lc�xier immediutc notic�e by muil. I.ender muy make prcx+f ul'I��„ if not madr �--
<br /> t�� =� promptly by BoROwer. Each insurnnce aimpuny canremed i�hereby autM►rireJ vnd din�t�Kl to m�kr payment ti�r.ruch lu�r
<br /> ''�"��y���:� direcd ta l.ender, instead nf�o Borrower und to Lender oinU All or an an nl'thc insur•rnce nx�rJs mu he o licci b
<br /> ������:. Y .1 Y• 9 P P Y PP� Y
<br /> ����'���;: Lender,at its optian,either (ul to the reJuction of the indebtednc�s undcr thc Nrne und�hi�Sea�urity In�lrumcnt, fint Io uny _
<br /> ' ,�r deli uent Anu►unts u Led in Ihe order in �ru rn h a.�nd then tn r� a mem c►f nnci al. or Ibl tu the re�torrtiun ur re uir -�
<br /> °�:'.; , .. .,� , �l PP� P 8 P P 'PY P � P p —_
<br /> �;�iw._.,��;,;,� � of the damnged Pmpeny. Any upplicution of the p�oce�xiti to �he principal sh+Ul not ex�eixi nr p�►r�p��nt:thc Jur dutr oF the -- _
<br /> -� ����=�.+ monthly puyments which ure referred tn in purugrnph?,or chunge the simount ot'such payments. Any exce+�in�ur�nre prixe��ls �-----
<br /> -'+�'��'��•�*'T over�n umount re uired to —`-�
<br /> �� ���t. . q pay ull outswixiing indebtedness wxler tha Nme und thi.r• Sc�urity Insirum�m shall be Ewid u► the
<br /> - ----�--- � entiry legully entitled there�o_
<br /> _ ..�x.i �'x:�
<br /> ..__:'":P:.?T4iri'?t�;TiF� R�r•_''
<br /> __ _,��,�rtr.,�,�Y.' ,�� In the event of foreclosure of thi� Security Instrument a� ather tranafer of �idc to the Pmpeny that cxtinguishes the �.�.__
<br />___ - --, --,.�-,gew�� indebtedness,all right.�iUe and interest of&�rmwer in and to inwrance policies in 1'orcc tihall patis to the purcharer. _=Y
<br /> - - - . � 5. Occu{wncy� Ar�rvatian. Maintenpnce and Pmtection of the Property; Bo�owe�'s I.nAO Application; -- --
<br /> "� �-••�=� �» l.easehdds. BoROwer shall accupy, establish, nnd use the Property a�Borrawer'ti principal residence within �ixty Juys after
<br /> �-�"'�`s "� '�.��� ���"" the execu�ion of thi�Securi�y Instrument und shAll cominue to�xcupy Ihe Property us Borrower'ti principal residence for ut least � '
<br /> =% "';; •�� � }., one year af�er the date of uccupancy, unlesx the Secre�ary determines thi. requirement will rau�e undue hordship fiir&�rrower, �____
<br /> :':s ;.�•�j`;.;z�,,;..,�,.'"f�i .._..
<br /> ' � .ti;,�t., ar unless extenuating circurnstances exist which sue beyond &xrower's contr�il. Borrower shall nutify Lendrn uf any
<br /> - , i1;•...��: � �-j,,=-
<br />` ;.y .>>•.. ;".,� extenua�ing circumstances.Borrower shall nnt commit wus�e or destroy, damage or substanti�lly chungc the Properly or ullow =
<br /> _-� • " � . �he Propeny tu deteriornle, re�sonuble weAr und teur excepte�i. I.ender mny inspect the PropeKy if the Propeny is vucant ar -----
<br /> a' . e �
<br /> ' abandonod ar the loan is in defuult. Lender may tnkc reasonable �ction to protect and presen�e such vuc•rnt or ubandoneJ �� ''
<br /> • �::_,
<br />;:.�'+� � ; "� . Property.Borrower shull also be in default if&mower,during the loun applica�i�►n process,gave materiuUy ful�e or inuccurate —_=
<br /> •;r.� " " '° informa�ion or statements to l.ender (or f�ilcd to provide I.ender with uny ma�criul information)in c�mnection with the loan =___
<br /> �L;,.�;' ': ` '_ �. evldenced by the Note, including, but not limited tn, representutions rnncerning &irrower's occupancy of the Prope�ty ua a
<br />--- � u�'�`�'``''�'•�'� ., ilikl al �caiJc�ke. If tiiia Sc:w�ii iu�tim��rui i�uu a Irt�aclwW, &�rruwer �Luii ruui i witii t{�c fUV11101i1 OI IIIC IC1UC. i(
<br /> �. P� F� Y F�Y F� �M`�`}a a'
<br /> ., , BoROwer ucquires fee title lo the Propeny, the leu�ehotd and Pee title shall ncit be mergeci unlesx Lender ugrces to tlw merger in --
<br /> � writing. ---
<br /> __ ' � �`��� � 6. Charges to Borro�ver and Prnteclion of Lender's Righ�s in thc Propert�•. Burcuwer ,hall puy ul I govcrnmentul ur --
<br /> ! . municipal rhargcs, tine� und impasitii►n� thut arc not inrluJeJ in paragruph 2. Borrowcr shall p•ry �he,c��bligati�n+ on timc �-'~:�°'
<br /> "���"" dir�Mtl to�he entit which i� owed thc .� ment. If tiiilurc ��► u w�wld uJver,el�uffect LanJer'z interest in the Pro n ,u n �•^_
<br /> .. Y Y P'Y P Y ) P� Y P� --
<br />_ �,�,;,, l.ender'h request Borrower shall promptly fumish to I.c�xic�rcceipt+evidencmg these puyment�. r_F.
<br /> • It&►rrow P i x o s �ii � � � _..
<br /> e r u I � m n l:c i h e e p a y m e n l. r I h e p a y m e n t s re q u i rc d b y p u r a g r r p h.., o r t u i l. t u p e r f o r m a n y o t h e r c o v e n a n t s
<br />- ` - und agreements ront�ined in rhir Securiiy Instrument,or therc is a Iegal pnxr�ding Ihut muy significandy uffert Lxnder's rights •``'
<br /> . � ' � � in the Pmperty Isuch us u prciceeJing in bankruptcy, tix ronJemnation�ir�o rnii�rce I•rwti ur regulatiun,), ihen Lcnder muy do �-
<br /> °� � . und p•ry whatever is necetisary lo protect the vuluc uf Ihe Pro�xny anJ I.ender's right+ in�he Prnpeny, including payment of �=-
<br />_ • • taxes. haxarJ insurunce und oeher ilrms mentioned in parugruph?. ��p�-"°=
<br /> , 6wr „ �.
<br /> i �;,'�_ � Any;�mount�JisMurkd hy Lc�xler undcr Ihis paragr•rph.hall hcr�imr•rn aJduiunal dcht ol'li��rrowcr und he sccurcJ by
<br /> • � . �his Security In,trumcnt. The�c amoun�s xhull t+eur imerest 1'mm�hc d•rtr ul'Jisbur.enunt,•rt thc Notc ra[e,und ut the optian of ��' �
<br /> "; � I.r.nJer,shull be immcdiatcly duc und payublc. �;°_:-.
<br />: o
<br /> �'��::=
<br /> . �_
<br /> ' ., 7. Condemtultion. The pr�xeeds��t' any aa•rrd or claim I'or d•rm•rEcti, dimrt ur runscyucrniul, in c�mnection with uny �+�"
<br /> � rondemnation or other IukinF of uny pan��f�he Pro�xrty, ur for runveyance in plure u1'cunJemn:��ion,arr hereby ussigned und •'.���
<br /> , � xhall bc prid to Lendcr to�he extem of ihc full am�wnt ol'thc inJrhtcJnc+�thut ranain.unpuiJ undcr thr N�KC and thi.Sccurity
<br /> j� � " �� Ins�rument. Lendcr�hull apply cuch pr�xccds�n thc reJurtiun nf the indcht�tlnc"unJrr Ihc N��IC anJ thi�Serurity In.trumont,
<br /> � . tint to any delinyucm anx�ums upplicJ in die urJcr pn��•iJcJ in paraEr,iph 3. anJ �hen tu �R�a>�„�„� ��f prinripal. Any ,
<br /> uPPlKation of tFte prixec�ls to the prinripul +hnll n��l extcnJ ur �xut��nr thr duc du�c uf thc �iwnthly payment.. whirh ure 4 ,.. . .
<br /> � � �-4RINE1 v.,h,.,,,�a
<br /> '� ,
<br /> , •
<br /> � ' . . ;
<br /> �.
<br /> '��':I .. ._ „ _ .
<br /> :, . . . , �
<br /> � .. , , . . .
<br /> —.-_ .. £ _--- - •
<br /> ,c .
<br /> � ,,. �
<br /> �
<br /> , � �
<br /> ' � I �
<br /> � - - _
<br /> �.l
<br />
|