|
.Y�.:�' ..i. .- � . - ' - � . ' .. .
<br /> � Y�:�i ,i' .s: :iA< '. :`;�f°�' �. _. . . ' �.'t�" • ' �..� 'r� o e�wi. —. ....1.I. _.
<br /> s I •.- ,,. ,...,,;, .. y " I� �ii�il��lk.��! �%���tC!`�'?�1�1 rc+�. ..�,;,.+�,�: ---�_ � _,.
<br /> ��1� .k'�M+��'•� k`rj �y w�l�.� ��r..r.x.i. --
<br /> - ( 3�� ������ A �`�i���A������� .. ".--
<br /> - 1.��..,...M��Y�lM�•... .... ;7.'J>.`�^'.�rF iM�L �)�. , ,-
<br /> � .:'
<br /> . � . I^Y��y,��Y:`r' f:r• _�_!��'.
<br /> � ��.' '� �
<br /> _ . .__.___.SI" :' , "-lir_�_ _� _ .. - .
<br /> -. _'__
<br /> __.'-- ... . __ - _ .,..
<br /> _ ��4 � .: ___. _ - 92-- 1o�19s -----�--_ _
<br /> �l j:�i.;=,::;s�,�.:�.*^� •
<br /> �� •�;�:'� �`� �• • s. HaLUrd or P�vperiy I�ew'anc�e. liurmwcr �iull kcep �he impruvetncnt�nuw cxi��ing nn c��caf�cr crcctod un the
<br /> _ .�.)1�'�-'L'� ''r.fi'.
<br /> .-;�Y��__� �.aP� : �_',.,. � Property insuml a�alnrt Ic�s+a by Firc. haiarJ� includ�xl within thc tcrn� "extrnJ►xl c�►vcruge'uixl�ny ii�hcr haiurJti, irkludin�
<br /> ��r��-��nr�.�:�. floods or Ilcxxlin�, for which Lcn�ler rcquircr in�u�an�r.Thi�in*urancc�Iwll hc muint�mcd in dx unw�um,un�l Inr Ihc periods
<br /> �,q__rr• _..
<br /> ,- ,..�e��'�'";":,` tlu�t l.,enJc�roquirc�. 7'hc in�wrsuKC curricr providinyt thc iawrs�ncc vhull Fn rhu+cn by I�►rr��wrr.ubjcct u� IsnJcr'�appruva
<br /> .�- :"` '�"'�`'�� {`� which �hall not F�unieownably wi�hlx:W. If Burruwcr fuil�tu nwimuin c�►vcrug.:dcKrihul utMwc. l.enJ�:r n�y. ul L.cnder's ._
<br /> �i• � . ° � c�ption,obtain coverogc to protect I.cnJcr'r,rightR in thr Pruperty in urrurJancc wilh par•r�r�h T.
<br /> �'�►' ';� ��''�� All inwrancc polirics am! rc�w�ly �II hc ucrep�Ablc�o L.c�xlcr u�xl !�h�ll inrludc •r,�ar��d rrairtgugc cluuK. l.cndcr
<br /> '.�'. •., .: ..:•`•.' ..'. shall havc thc flght to hnld Ihc{w+licic+nnd r�ncwalw. lf l.�txler rcyuircc,Rorrowcr�hall pr��m!►tlyµivc to Lciulcr ull rccciph�if ,_ � -.
<br /> ""�9` ij�o paid premiums nnd rencwal nuticc�. !n thc cvcnl uf lo�.v,&�RUwcr shuU�ive prum{x noti�w to�hc inxurymc crrrier and I.crnlcr.
<br /> ���r,• .�M.....
<br /> °:�:� I.c�dcr m�y makc pnwi uf lo�K,�t'nqt!nuJ�P�pmp�ly by Bonowcr.
<br /> ��µ , Unless Lende�and Norrurvcr utherwise ugrec in writing,inwraqcc p��wcccls�:hall he appli�tl tu rctitoration��r rcpuir nf�hc
<br /> • � - Property dama�ed.if thc restoratipn pr repair is cronumically f�++�+iblw,a�d l.ender's u�urily i�n�N Icsxncd. If tb4 r4+���rulipn o�
<br /> ""��� ":' " � rep�ir is not crunumi�m�ly feasible��l.endcr's sixurity wUUld bc tcsscncd,thc insurancc pr�kc��l�shall Ix: upplicd to thc�um+
<br /> �- �;� secured by this Security Inurument, whclher or nat then due, with any excccs paid to Borrnwer. If Fi��rruwcr aban�Juns thc
<br /> __�,,-���.:,
<br /> � • �,:;. Property.or does.not qn►wer within 30 ciays u nutice f'rum l..ender that the insurance curri�r hus nff¢re.l��� kttle p cluim, thcn
<br /> ,—s-�.• ..` ... Lendcr mny rnllei,�{ th¢ j�sufat�c,Pnx�cxd+.. l.eiHkr nuy use thc pracecds tn repair ar rc�torc thc Prn�x:rty or t�t pay +ums —
<br />•-����� •� �. ' cecured by this Security lnatc,p�►}.vyhc.tl�er ur not theq dqe.The 30-�luy penud will begio when the natire iti given.
<br /> '�� ' Unless l.ender and rrowcr othc i�c u rec in tin �,un A IICIIIlOII OP r�xecds u� rinci I �all nut satcnJ or
<br /> , ,•.�.�• �A n4' B WF� $ Y PP P P Pa
<br /> ^;3� ' ' �.' � . ' postpq�{�te dpe dpte ai the�aqth,N,paymcnts refcrred to in paraga►phs 1 urni �or change,thc umopnt p,(the paymcnls. �i
<br /> � . ., � under pqragraph�1 the P�operty is acquir�,bY I,x:nder.Borrower's righl Iq apY insuranCe.poli4ic�Ami proc4rocls retiul�ing.f(nm ,.,
<br /> , - .. -. , .� Janmge tu the Qroperty pi'ior to thc acquisi�jon�all p:�s to Lendcr to thc extent af�he sums secureci by this Scc:urity,lnst�nm,7}, .,, -----
<br /> - � ., ., immvdiutcly prior to thc�cquisition.
<br /> :���." .. . 6.Oocupancy.Preses�vatian,NlAlntenance and ProteclMn of the Property:Barrower's 1.osin.Applicatian=I.e�seholds.
<br /> • ' ° Borrower shall occupy,,cstnblish,und us�the Property as BoRawer's principal residence within�ixty dayg af�cr the cxccution al'
<br /> � ,;'� ' this Security Inst�me�t Aqd shall cantinue to occupy the Propcny as Horrower's principul r�idc�yce for at Icust onc yc•rr aftcr
<br /> � •• 1he date of occupa�c)�.unletis I.ender otherwisc agrees in writin$, which,cansent shull nut ix:unrGUSpnably wilhhcld, or unle,s _�
<br /> • ,.' extenuating circumaf,�ees exist which are beyonJ Borrower's contr,q'• Borcower shall nat destroy, dunuge or imprir the
<br /> ' Propedy, allow the Property to detcriarate. or commit wac�e on the Property. Barrawer shall be in defuult if any tii�iciwrc
<br /> • �� � ection or proceeding. whether civil or criminol,is begun that in L.ender's good f�ith judgment cuuld re.�ult in forfciturc af thc ,_ -
<br /> . • . ' Property or otherwise mate�ially impair the lien creatcd by thix Security Instrument or Lcnder s sccurity intcrest. &�rcuwer may �"n�
<br /> cure such a def�ult and�oin�tate,qs providpd in paragruph 18,by causing thc nction or pnxceding�q b�Jismiss��l with a roling —
<br /> '- �� • tt:at, fa l.�s�''s go�d f�t�,�Gter�inaX�Qn. QfCCIlI�CS ��t'kCllllfC ��f Ih�� li��rrnwr.r'c interest in the Property or other m•rteriul �` - _
<br /> =-, :. -
<br /> � imp�irment of the lien creaced by this Security instrnmept or Lender's security interest. &�rrower shall ulso be in default if � ,, ';
<br /> � � Borrower,during the loan appliCation pracetis,gave muteriully fal�or inaccurnte infe�nation or xtutements w l.ender�nr faileJ �i'=�'°-�=-
<br /> •� o .
<br /> .� � � to provide txnder with pny material inforniation) in cunnection with the loan evidenced by�he Note,irxluding.but nul limited = __
<br /> ,, . to,repr�seotauans rpncerning Rorruwer's occupancy of�he Praperty as a principal residence. If this Security Instninknt i,nn a ___.
<br /> - leasehald, sarrowcr shull comply with all the provisionz of the Ieas¢. If Borrower acquircs fee tide to the Pmperty, the .
<br /> ' ' � � leasehold apd thG fGC tidc shall n�it merge unless Lcnder ugmr+to the mergcr in writing, — , �,
<br /> ' `�•';' • 7.Protectbn of.l.ender's Ri�h4v in the Pmperly.If Borr�►wcr fails tu perform thc cc�venunts anJ agrcemem�contuin�l in `°''�
<br /> _ ,r.�.w_..
<br /> _ . �� � t h i s $e c u ri t y l n s t r u m e n t, o r t h c r c i s u I c g u l p r u c c w l i n g t h u�m u y ti i g n i f i w n t l y u f f c c t L.e n d e r's r i g h t s i n �h c P r o�n y (�u r h�, u ��__'—,=��i,,- ,
<br /> . proateding in bunkruptcy,p�obate, for candemnatiun ur forfeiturc or tii enfi�rce lawti or regulations). then (.�:nder msiy do and �•�..;��-�:'_,
<br /> � •:.....:�...:-
<br /> b ' pay for whatcvcr is nccctiwry [o prot��ct �hc valuc�it'thc Property and I.cnder's rights in thc Property. Lcndcr's actions may. �--�_---j� �`
<br /> �� •• IncludC paying any sum� xcurcd by a licn which hati prioriry ovcr thiti Sccurily Imtrumcnt, appcaring in awrt, paying �'��="'���
<br /> • masanable uttomcys' fecs und cntcring on thc Pn�perty��mvkc repairs. Although l.ender may tukc action unJer this psuagr�ph F:?:�"°-'��`
<br /> �--- --
<br /> 7,Lender dces not have to dn,o. ' '4:, '
<br /> ` • Any amaunts disburscd by l.cndcr undcr this purugruph 7 tihall tx:comc additinnLl Jcbt ��I&ttmwcr sccured hy this t'_�'-- � �,
<br /> Security Instrument. Unla:ss Borruwcr und Lcndcr aFrcc tu othcr tcrm,of payment, tlic+� amuunts tihull buu intcrc+t frum thc F�����'`M1;;�
<br /> �� � date of disbursement at the Note rute ond shull Ix� payabk, with interest, up�m n�»i�ti fmm L.rnJcr to Horrowcr reyucuing !� �-�`'
<br /> • . payrnent. `....:,..��
<br /> �M.�-__-____--
<br /> , , S.Maigage Insurranee. If LenJer reyuircvi mnrtgugr imurancc a.a cunditiun uf muking thc luan xcured by thi:,S�wurity !,;:,_.,�.Y.,-;�r::
<br /> � . Instrumcnt, Borrowcr shall r thc r�mium, rc uircd to maintuin thc mu�i+u•c insuruncc in cl'lixt. II', (or an rraxm, the :'�---_-
<br /> p'Y P ' 9 6 t� Y ,-: :._.�--
<br /> mortgagc in�urnnce coverage rcyuiral hy l.�:nder lap�c+��r cca�e� to Ix in rfFcct, Borruwcr.h�ll ps►y the prem�um�rcyuired to j.,,w,;;:=='n'�
<br /> � obtvin covcragc substantiully cyuivulcnc to thc mongagc insurancc prrviuutily m cltrc�,at a cu.t.ubstantiully �yuivalent tu the ��:':�t"`�E'
<br /> ,;"�.,a�.
<br /> cost to Borrowcr of thc morl � c inwr•rncc rcviou�l �n clfcct, 1'rum an allcrnalc murt�a�� imurcr u mv��i b Lendcr. If t;''�� '
<br /> S B P Y � b'6' pP Y . . :f"
<br /> substuntiully cquivalent mnrt�•r�c inwrancc ruvcragc ia nut avuil:�hlc. Hurruw�r ,hall puy tu Lrndcr cach nwnth a sum cyual to
<br /> onc-twclfth��f thc ycarly monEag� in+urancc prcnnum 1►cing p•rid by Hurrowcr whrn thc imurancc arv�ra�.c lupxd or cc:4xd to :
<br /> ° „ be in effect. l.endcr will acccpt, utic and retain ihc,e p•r}mcm�a. a I�i., rc,crv�in licu ��f murt�atic imur•rncc. Lu,. rc.crv�
<br /> Famt�02� lI�O
<br /> � v�J.,�� '
<br /> � • . MC,3019-PfE/3
<br /> � •
<br /> `
<br /> i
<br /> ,
<br /> . . �
<br />
|