|
....� ...�.. .,, ..
<br /> . .. .
<br /> ,. ,.. . , ... ...� . ,::
<br /> . .::�.
<br /> �
<br /> , "�' : -
<br /> , _..,� . _
<br /> -.... . . -- -
<br /> , . . ,
<br /> _ . . �.,....,.......�...,,,..,�..r�. . - �--
<br /> • ±'��II� • .�rn�=_
<br /> . ,,.r. .._. ... _.— -_- —
<br /> ,}..`;CtLL."_.�'by.._- - —
<br /> ��ti�.�4���'�'id�l�,`�.'�-tiifit�l7i4'i�tiik�:'��ax__...��--- --_
<br /> ------------^=-'r.gnm:-�r;.�----^�-^-'-.._ , r . .._ . _ -�S� . .. . . _. .. �....,�.-.,..'......-.,__.--.._...--------
<br /> . . ������✓�� ----
<br /> S, ilor.ard ca� 1�'r�p+�rt�r in�sur�noo. 141c�mower shAll kap the improveener�te nox e�iatin�or hereittar arected on
<br /> tho Prn�K•rty im7u�ad eQa,nnt lues by tir►�.Pyh7.��ds incladfr:i within the teem"exter�dod cover��e"and eny other h�zerde,
<br /> includin�Ft�x►rf�i a.r t�i��rdirt�,for�rhiah I,ra��r roqturar anatuuwe.'fhis inatu�nae eh�l1 be m�intainod in the amounb
<br /> �n�14n- rh��F���io+4a�thnr.l,�a��r mq��itea 7`t�o insuranr��caxrier�providin�the ir�ur�nca shall be chooen by Borro�rer
<br /> eubjxt tu I.�n��r'��p(x�vAl whiGt,stlxll mnt be unsaa�anribly�Ithheld.lf�rmwer i'ule to mainui�covera�e ae�cri6�l
<br /> abave, I.�n�1ur.mn�,et L,on�k:r e aptinn,o��sein cxiver��n ta pratect Lender'e ri�hts in tP�e Ps+nparty in�000td�noe with
<br /> Par�graph 7,
<br /> All incuran�a pc�lir..ir.e�nd ronawtam Fxi�11 te�coepsablo w L�oi�dar u�d ehall includa e st�nd�rd rnortg,��e clauee.
<br /> Lendor sl�nli h�+�o tEto right t�tu�td ttw policia►�nd rtt�sewde. If Londerre�uiran�, Bornower ehall promptly �ive tn
<br /> Landcr ut!nocoi�ri��t�toid pa'�emium9�tyd remew�l tu►tio�i,In tho ovont ot loee,Bo�rcoMer ehtll aive peompt nutioe to tbe
<br /> tnsurrna�r aur�h�r Arr�[,,�nck�e.l.aru�;mAy.makc fr�i nf loaa it not made promptly by Borroxec.
<br /> U�.►f r.n.9 I.�n��r er�d Bor�+oxet att►�rwito�groo in writ�n�,itusuranc�procood�stull be sp�liod to reataritioa or repair
<br /> ot the��t+tf[�ert ji ditAYegod,it the raaior�,tian or t+�ir i9 acrotsomically Caelble Rnd I.enber'e becurity ie not leeeened.If the
<br /> resto►�xtir.n crr nupsir i�n�st eeonamicalty teasib�e�r I.ont�ar'e eeeurity w�ould be le�ned,tttio insuraixx praseede ehall be
<br /> appliRc�co che�suinn eovured by thi9�urity InstniKnas►t..�vhether or not then due.with u►y aicrae pid to Dorrower.It
<br /> Bnm;ar��r uhancl�n�tha Froperty.or ckrxo not u►.9vrcr wit@Nn 3Q daye�aoiice trom 1.ernSer that tho ineuru►ce c�rrIec h�e
<br /> o[ta�trd nr sc�tttu a cinim.,than Londcr m�y collect tt,o ii�nuranoe proceede. I.ondat m�y uee the,prOOOeede to re�r°c
<br /> .:�ict�u t:�a:Ps w.�riy ar:��y Eums e�?t�it.►3 t1Y t}!4F�4l�lIS�IEy IpRtfUtllEIIt�M}1C�C[Ot IIOZ�!1!di10. fh 30�daY P«'� _
<br /> �11 N'�IC:iI LhR AQ�$1G31li$IVCJI.
<br /> Unlr.�,,I..en�Jkr an�Borxowar ottyct�iee�g�oo in writi�.any appliaiioa ot to princigal nlW1 uot e:taAd or
<br /> poet�;�nr.the a���dute o!the monthly po�y�nonts rofarnd tei u►pasx�nphe 1 and or chuage the amouat ot the pqenents.
<br /> I[un�k�r para�nptx 21 the Froparty iA.�uirod by I.cni��r. Botruwefe ri�ht to any i�euranoo pdicIee aod pnnceedo
<br /> t+raniit:ung Fsom daria�ga to thR Proparty�rtmt to thc ucx�uifatian shsll p�ee to I.eixler to the crteat of tho eums eochued by
<br /> thie�'e:curir.y Instrw+muat immediatoly pecnr to tbe�qw�i6pnn.
<br /> �.(lccupan�cg�.Pr�eeerv�tion,lltaihxcan�ncc�od lrrotecttoa ot the Propert�:Borroreea'w I.o�a ApplTicatioa:
<br /> LeKnehr�f.ds. F.�srmnuer shati c�ccuPY�acaEtbllsh,nxl tme t�tti Prnperty e��rower's�xir�cip�l reside�ce Ritlua ei=ty da�s
<br /> afLar tfir. e�;r.cun�sn oi thie S�ocaRr.ity 1nRsr�ument anA Ri�� continue to occupy the Propart9 ae Borrowa's pnncip�i
<br /> �+e�d�mr.c:fur at le�ot one yesr hifier tta di�to of occup�ncy.,.are�leee I�an�er othetwiea��es in writit�,wbich oo�t e�ell
<br /> not tte�unreascrnahls�ithhdd,or untts�a o�,-tenumting cirournetancce eaias Mhieh aro beyoad BorcowGr's coasroi•&xror►a
<br /> �1�;:s:.t:.'uy.�„�'�;m,°a^a�s i��r�A.,�n.rev;dlnw sS�e Pe�nerty tn detexiorato.�ot anmmit�raeoe on t1a Propert�+.
<br /> Bar.n�n�ur sh�U.be in defeult it�ny tortaiture action or��oeodinj.whether civil orr criminal.3e bep�th�t in La�dee's
<br /> �i�ini ch jud�mant could res:�f�t in ior[eitune ot tt�o 1?rrr�ercy or othenviee matacn�uf�g impair tha liaa crated by thia
<br /> So�uriny Instrumant or Lan�db�'�s eocu�ity interest. }3an.�uwer may curo auch � c3d�oult and raiae�to.� pe'ovtdod in
<br /> pu�grsph 1�8, by wusing ttie �,ction or pr�cooding,tu bo dismieeed Mith a r�ilit►� that. in Lerdx'� �od faith
<br /> dat�.v�m int�r.i�rn,�ce.ciucia�e toz�e;+l�ct of ttea&+tca+vice t��ntureet i�tho Propa'tY or other mattx�ial 3�paere�eat od't�e liaa
<br /> cne�tr.d by tf►i��Seaurity ingtc�it�u�!c�I:or�ticr"fi:�c�rrit�^�ntere�t.g3ormaer tiha11 dso be in daia�v�l#!it Borrowee,durini
<br /> th�z l�3nn applicatS�an pxncans.'.��ve m�rtori�lp.�ilao ar•ss3soc�as�ate iniormsxioa or ats�+tri s�.:•Lender (or f�iled to ,
<br /> , �•- ---. t __.:
<br /> p�tipvs+44t I.,ender wxth�tny.mazeaRnl iitturm�iivi��m wiaa�f�n�uv.�.+.th the Iout evidaxxd b�'tx►e�'3u0te,indtuSiai.but»ot
<br /> 1{�dniit�d w, repnwent��ione con�arning?knroxa's oocu�t�ncY o4 tho PropercY as A�?nincip�! ��idence.If this Security
<br /> Ittmrumc:nr.i�om a.ar,�aehald�Borroxor,Rhall wmply wit�1 all ihe p+nvieions o[tbe 1eae.It Hotro�►er�oqvirae�foe tidat°
<br /> tkih P'jm�pc�rty,thc�+casehold and iho toa titto ahatl not mcr��a unlaee I.a�det atroes to the rna�ar ws��t+►ritin�. .
<br /> � . 7. N'rutecticnn.oi Leadar'�lti�tlic io tt►o Propci�#�y.U Bomofia idle w perform t�e eov.eoente and a�reeirieats
<br /> cant�ined in thi�Socwity I��stt�rm�nt.os thcne 9e a lo�!prc�tinj ttut m�y dq�iti�andr dixt I,eader'i nthta in the
<br /> �'�+?}�erty (suaii an u proce�ai:.r.g in tankruptcy. Pml�sto, [or oondama�tion ac'�tvr[dturo or to eaforoe law� or
<br /> ra�ol�+tirvns?,thcn Lendcr msy cb a�S�poY ior Nhatovt��le neoeemtrY tc►lx+otect t�;�nelue oi the Propeety aod I�andar'�
<br /> . n�b,ic�it� the.Prop�rty. I.ender's acttosLS mk�^inGludo fixyin�any eumr exured by t liea which t�priority over tl.�u
<br /> Saa�itaE�.Instrumcnt,sp�acing in cwutt poixk*tr,t;r.�nble attorneye'ieee aad entocinj on tbe PropettY Lc�mske re�ia+�.
<br /> Alkhi+u�h[:encier may tnlce action undi��lh:a��tmgn�AU�'/.1.ender does not have to do eo.
<br /> '' �An y a m�unus diGtwread by l.cnd�.�urida'�hin�mt�,�aph 7 eh�ll b000me�dAitit�l debt oQ Horro�oer eecur�d by tAis
<br /> S�e;�uritp Instrvment.Unla�s H�irroxe�r�nd I.ender�gtde w othet torme of paYm�n�thae amounta ahail be�r intateet . .
<br /> ici►ain.the date ot dinhucsemont se ttra I�`t�ie at�v ar.d ah�1f be psyable,�ith intcrast,upoa notice irom L�rder to B�ortrnre� .,
<br /> ' tf�QUl2sti ng�Aysncni:. • �:., �
<br /> ' .8. �1K�rt=aae Inauraaae.,fi Lenclk�t t+equirod mo�t�ge insutance�e a conditicxi o!mtkin�tt�e loau eecured br tt�<<;;;'.. ;
<br /> •�pcu,riry�In:�crumant,Bornoa�fur�tcall�L�aY the pr�miurrex+rayuued tr�mainuin tbe tno,�t�a�e ineutat�x Ia dtect.If,foc any">:;`:.
<br /> s�►�a„the martgage insurun�a�r�ovtdtge roqu�rod b���.en3er bpeoe or cxaeea��Q�e in elfaCt,.Botrower ali�li..R�y th°
<br /> �;�amiums n�quiresd to obtausi c�vartg�o subeter►tiilly c�uivalent to tiuo mart�e i�surarxe pre�nouely in dits:;;;?it s caat
<br /> �ruii�Kunti,illy eyuivalent to the coss tr� �►rnaxer of fho mortg�� insutaaae previoue�y in elfact, trom si2�yltaraata
<br /> niortgn�;c inau�er epproved by �..`'c.;•I-f subst�nti�lly oquivalmt mort�o i�urance coveraae ie aot �vdl�ble, ..
<br /> •�,ix7�utvcr sh.►i1 pa�y to Lendor eac+h mw:�:r.t,�eum oqu�to ono-twelith of the yarly mortYa�e an�nuwxx pcemium beiqg .: �
<br /> uaid ti>� lfi�urrotti��r w1►en tl+,�s ir�sutan�cxa�iserago 1��1 ar ceased ta bo in eitxt.I�nBer will svicept,uee and'�'�tt+in theee
<br /> �1�nncnrs as a lu� rrscr�-w'{r iziti•c}�,mortBaE�o snsuranco. Lase n�erve �aymenta may no lcm�er t�� �quirod.
<br /> . , . ,.,i;. ,
<br /> • FKw;3�i&t..'� . :
<br /> �-BiitNL'Imx»r.o t r•n�•+• . Inkyl)ix:.•''
<br /> +�l.�.
<br />
|