|
��
<br /> -- _�_. ______. �; -
<br /> �.�....� _ _ - -_ - - , ----_--_ -- - __ - ----- _ _ - = - --------_ _
<br /> � ._ ... . .. _ - ---
<br /> ._ - -- — _-:---- -=-- --- - —`��----
<br /> __.__ _.�. .... ..
<br /> .... � _.r-._:.;.�,:,:.�_,�....,,�;�..... _ ��-_�
<br /> r_",___. ._. _. _
<br /> ._. _�_:� �q.r . .. . . ._ __...__,..._- -T- -_--
<br /> .. ..�; ' �'.. �.':o, .:'..:,p,s:;,,..:�.,,�,�.r...;�.s�.,.,....,�.,.�..,�'-= .� _ � ---.
<br /> � i �. . �:,.Y.S. � '�i-.�rw:�'��' :. ..,=` �.w. . � . ..... -` �-- 'r:'w�'re� -°
<br /> _ r- Vt~ _ _{-n!; �_..JL4" �_�FSU:l�c�.�lY'__ -ri . . .
<br />�y_—_' _ ' � .—.
<br /> �r ��� _..
<br /> S. f�siu+d or Pro�xrty Insur�xr. Barrower stall koep the improveme�us now exiuing ur herca!icr r.rtctod at� thc
<br /> Pro4xny insurod s��iasc locc ty fin„ h�zarJs 'scrludal within the temi "cxtendeci cm�er�e"w�1 any �vhar hii:.;►srts. icklu;lin�
<br /> floods ar 1laxlir�,for which l.endcr rdyuirrs insurance. This insursu�cc shall be maintainod in the�ur�.�unt:�aid f�;r tbc ptriais --
<br /> thal Lcixi+:r rcquitrs. Tbe insurxnce carcior pr�viding the insur�nc� sha11 be ct�oscn by&�►-row•cr sutyj�:ct t�: L��xi�t;:`r a�prov�!
<br /> whic8 Lhall noi t+e unreas�nably withheld. Ii'Borwwzr fnlis to m�iruuin wr•erigc cksc�'tbecl�wve. �:r way.:+k La�t's
<br /> option,obtzin coverage to protect Lender's rights in thx Pmperty in accord��r wieh PauBnph�•
<br /> AU insurance poticies and renewais sfuiy be aucept+u�l�to Lc.-�::�:.� it;J! ir�l:ido a sta.�ard mort�aYc clus+r. i�.endtr
<br /> �:hall hav�Q�e right to hoW the policies and ronGwal9.If Lender rcquires.Borrower sh�11 proroptlY give to i.wder�li cs..�eipts of
<br /> raid prciniums and renewal notices.In t4►e event of loss.Borrower shall�ive proaipt notice w the tawranca wrri�c�urL 6�encitr.
<br /> Lr.nckr may malce proof of loss if nat rn�de promptly by Borcower.
<br /> t talesc L.a�ckr�d Borrower otlyerwise zgrce in writin�.insuranee pr�oeads shall be apPliec!ta crstcusei�>n:cr r�4�tz:'of tho _
<br /> ��Y��Seb,if the restoration or repair is economically fcasible ana i.ertider s securiry is mi ks.s��u. ii cisr,r�ts'vs+`'s�+.�+'s ar
<br /> re.p�ir is not economically fwsible or L.eader's security would be lessened.the inwrance proceeds shat%Ce aG4J:r.cS s�ti t�a sumz
<br /> socural by this Securiry Incwnxau. whother or not ttun due, with any excess Paid to Bo�rowu. if axmwer uhurpc:�aas the
<br /> propertY. or cbes not wuwec withia 30 days a notico fmm Lender ttwt the incurance earcior h�s offered ua setg;�:a.uG�i:��.then
<br /> La�dec may oolloct the �asurance pmceeds. Lender may use the proceeds to rcp�ir or r�store the Praper�y cu u.•li+��xums
<br /> securod by this Security Irstnur�ent.whether or not t4en due.The 3��-day period will begin when the rxKice ia gc�e�i.
<br /> � Unless (,ender aad Bornower otherwise �tgre:ist writing, as�Y application of proceeds to principat. shat l;�wlfl oxtend or
<br /> . postQone the due dat�of tl�. monthlY PaY�� ce;�zs�i to in psu'agraphs 1 �.ul.2 or dwnge the acnour,�of t?�i:�;uXmenu. If
<br /> ucxkr pary,gnph 21 the PcopertY is xquired by l.t�zz.BJf['OK'EF's right to any insunu�ce�x�i,�.ics und pz�►�:�r•,si:ftEng from
<br /> damage w tho Property pri�r to the a►x�uisition shalt p�r.�to L.ende�'to the exttnt o£the sunas a�cuml by thi�5�ec:u�aic��lastrume�t
<br /> icnmediatdy�ior to tlse acquisition. �
<br /> 6.Qauponcy.Pre�aystion,Ma�n�wance a�G�'t�iat�oo of tLe Propa�tY:Borrower's l.ow Appti�cwkker,���da•
<br /> Borrower stWl oaatpy.c�blish.aad use the Prope�a'�8orrower's principst residet�ct witnin sixty d►ys a&r du tt��cution of �:
<br /> this Security It�,urummt ancl shall conti�we w accupy t..'se Fmptit� as Borrowet's principal raidence for at ka,t w;rt.��at aftet .
<br /> tl�e date of oocupancy.unleu I.endu otl�erwise agrees in writin�,whinc�onsetu sfiall not be uc�rt�sonat�l.y wit`�heLS.t.�ualess
<br /> extenuaang circumstao�.� cacist which ue beyond Borrowei s conti'ol. Borrower shall not destaoy,d"�e ot imp�ir the .
<br /> property.alb�," the p«,�g�rty w deteriorau,ar coa�it waste on the Property. Bortower shall be in dcf•tulo if oay fadeitwe :
<br /> actio�n or prococding.a��er ci��il or crimin�i.:s bepun that i�Ztncie�'c g�w�d faith judgu�ent cuuid resulf;in�forfeihur of the
<br /> . Prqperty or otl►erwise m�tuially impair the lien creacod by this Securiry Instrum�u or Lu�der's sa:urity intarcst.Rr�-sawa'mry
<br /> ceue s+xh a defw�lt and reinuate.as pcovided in pars�graph 18,by causing the xtion or pnxaxiing to be dismissod vritt�l:.ru�ing
<br /> : tt�t� ia L,a�der's good f�ith ddaoaia�►iion. ProcJtxks forfeiture of the Bomower's inta�iir tlse !'�+oQe:ty or ot�sx rouk�ri�l
<br /> � . iaopairmr�t of the liea 4xr�tod by this Soauity Tnstiumnt or T.�nder's security inuc�:- l�mwer sha1l��lso be in dd'atilt if
<br /> , Horrower,.ctucin8 the La��aPP�ication procesc,Ss�e.maeerially f�lse or in�ccurst,e infot�iaa or ststea�eatu.ta I�aoda(or faikd .
<br /> to provi3;B.ender with any m�teria!informstion)ice coTU�oction with the loan eyi�f+eace�•���c Note, inctu3fng,but not limitad
<br /> - - •' ---•--n.� .���....�......e.,..F 1.. f�c f►Mif1[`IMI[ltidl�.ICILIT SOC1i[3LY 1�SfiL1��!I�t�� -
<br />�- -----� -���-�6txwl�T+tuy�vtnioT.�.r�sv....p.....T....l..���---r-� - - _ �- �� -- -
<br /> {eazelnW. Borrowtc shall coa�ly with all tbe prctvisioas of titie ie�se. If Su�ruw�r xa�uii�f� titZc to t�se Ps�r, �the
<br /> - basehofd and the foe title shall not tntrge unkss i.xnckr agras to the muSer in writing. :,:� .
<br /> ?.Protectio�o�I.eader'c Ri�ts ia the Propert9.If Horrower fails to perfiacm tl�e oovenants and�gr�ts wapia�ed iu .,
<br /> this 5ocurity Insuuanrnt.or therc is a kgal procadiq8 tivc m�Y siBNficantly af�ect lrenGLer's rights in the Pro�erty(s,uch ac a
<br /> P�8 in banfcruptey,P�d�ate• for oonda�u�ation or forfeiture or to enfora laws cr n�ulwioas).tben I+eader may��'ra aod
<br /> 8� ��y in court, P�1+�8
<br /> P�Y foc whatever is aoasc�uy to protrct the value of the Property and I�xder s ri nx tlu:: I�eadtir'c actiacs anY
<br /> � include PaY�B �Y suaas secut�d by a liw which t�s priority over this Socuaty instr,tw�ut, apppirr+� �
<br /> r,eASOO�b3a attw�o�ys'fxs an�d aKrring on the Property to malce rep�tirs.Although.t.eadtr msy t�e x�tt¢tm�a'ihis P�B�
<br /> 7.L,e�rt does uot have w do so.
<br /> An�r amouats ditlwrsed by La�der undcr this p�rngraph 7 s6a11 bxome additxxwl"dt�b1 of Borrowex saairod'b�r this
<br /> SeauiRy➢a�rumeot.Uaias Bocrowa aod Lender agree to dher temzs of payment.d�est acnounts s�ll bear inta�at fim�the
<br /> ' date of disbursemaic�t the Note rate aad s4all be payable, with inta�est, u;wn notia fiom I�nder to Hasower req�tio�
<br /> � � -
<br /> �Mart�qe Iow�naoa If I.eader required mortgage inwr�nce as a oaxiition of making�he tc�n seaurd bY tLis Seau'stY ,
<br /> �Strummt.Horrower stwll pry the pcemiums roquired w maintain the moctgage inwranoe ia�Pf'ed. If, for�ay rr�a, tbe
<br /> . mortgage insuranoe oovcr+�ge roquind by I.eader lapses or ceaus to be in effa:t.Borrower shall pay tl�e prcmiums ro�p�c�ed to
<br /> ,.,
<br /> obtsin oovas�e sabstanti�lYy oquivalent to the moetgage i^a,•�•+M prcviously ia ea`:ect,a: s��-••��aatially equivsl�^"•��'.
<br /> ���'� cost w�tawer of the mottgage iaSUruxx pc�:1a�uly in effect, from aa altunate mottgage iasu�r a}�proved bg I.eadr�.If
<br /> � saba�otially oquivakat noortga8e iawranoe oover,��e is tsot avail�bk,Bonovrroc shall pay w La�des rxh mon�h a su�n cqual tv
<br /> one-twdCth of the yearly mo�t8�8e iisuratke ptemium beiq8 Paid bY Bor��ower wLas the inwrauoe wveraga lapied or oersed to
<br /> • be ia eff'act.Leada will acoept,use and reqin these{xiymeots u a Io�s raerve in lieu of ma�e ina�umee. Losa rdrive
<br /> F.wn 30� �flo
<br /> r.o.aee�
<br /> 't ' . �
<br /> �
<br />
|