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<br /> � _ ` -.. " "f� �' �y�• * - •-•--�`_ , ' .. -...�r�..� ._i -' __
<br /> �: __:�._ � -�� �_ __ _. t. :`� _- � � 92-- �a " � � � �-
<br /> . - 'll�a Fw�.s�u`ti�t�da iri.an im�nau�n wLose�are ic�ea by�=�r«sm1-�8�Y..��t�me�l�cy. of a�tr
<br /> Cmchrdia�Irender,if l�adec u sacf►aa idsatadan)a`ie anY Foderai Hoene Lrao`San7i.I.�der sha{I apptY t6e Er�ta pty the
<br /> Fscro�r Iuois.It,ader auy mt rl�rge Borio�er fQr haidinB�ad�PPiY��S�Fw�d`s.ao�lly ao�lyzing'the esctow acoount:ar
<br /> �-� ` verifyirtg the F.sc�vw Itaus,unkss L.ender pays BormMer InteRSt oe the Fuads w�d apQUcabk Iaw pertnits L.sndct t�mrice such ,
<br /> ' a d�ge:•Huwi.wa.Eeoder wy reqoire Bonaxu w paY a oe�ame.cbatge fa an indep�dent real estate tax repo�dn8 savioe
<br /> asod by Leader ia c�omextian with this loaa, unless 9ppliqQJe law proy�des ot�erwise. Unless an ag�xment is made or
<br /> ppptic�blt law toquiies inut+est to 6e paid.I�ender siiali aat be tequired to pay Bor�wu any interest ur eamings on the Fu�ts. .
<br /> ' � Borrower�rd I�er may agroe in writing,Mwever.tE�t irnerest sh�lt 6e paid on d�e Fuads. Lenier shal!give tQ Borrower."
<br /> witha�t c6arge,an amwl a�000nffiing of the Fuads,s�orving c�edits u�d debits to the F�ds and tQe putpose f�r which each
<br /> debit to the Fwds was made.The Funds ue plodged as additioaal security for a11 sums secuted by this Sccurity It►SwmrnR ,
<br /> - - iP tht funds held;by t.endes excood t�c wiouats pe�miued to ba hetd bp apptipble 1aw,Lemer sha(!ucaunt ta Bormwer _
<br /> for the exass Faads in accordurce with the�sqni�nts of appircable faw�lf the amount of the Funds 6eld hy I.ender at any ; �°�n�--�
<br /> time is aot suf�cient w pay tbe Eccrow Items wheu dne.Leadec may so nadfy Borrower in writing.and.in such qse Bonowrr
<br /> shaU pay w I.endcr the amamt.neoes,s�r9 to m�ice ap dx deficiency.Borrower shall malce up the defic�ency�n m ma�t tAan
<br /> -tweive aiorxlily i�aYments,at i,a�der�s solc disccetion. • •
<br /> uP�WY� in full of all sums savred by this Sauriry Iastnunent,I.ender shall promptly refund to Borrower any
<br /> Fwds hetd by I.eader.if,under puagr�ph 21.irender shall�oquite or sell tl�e Pcopaty.l.endec.Fr�or to tbe acqulsition oR sate
<br /> - � of t6e Ptoperty.stuti apply any Fnnds i�e1d bj�.Ixn�kc at the time of acquisition or sate as a c�edit agtinst the swns saucod bjr
<br /> _ tLis Seauit}1nu�t�ent.
<br /> 3.A�oa ot Yxyateats.Unless applicabie law pmvides othenxise.all payments meived by I.ender uader parr8raphs
<br />_��' !and 2 shaif be apptie�first.to aaY P�Y����8a due.un�s tLe Note:secoM,to anaants payabie ander p�ragraph 2: ____
<br /> :� thind.to in[etest dqe;forutb,w principal due;and last,to any late charSes due ander the Nate. _ - _—
<br />__=� 4.CM�I:ieas..Sorrower shall pay alI ta�s.assessments.c6�ges,fines azd imPositions ataitxitable to the 1'ropaty - =-= -
<br /> - �;: which may qtt�in priarity over this Serurity L�stnurcnt,and leasehotd payments or ground rents.if any. Borrower sh�il paY , ��,._'
<br />°- __ tbae obligauons in,tbe mwner providod in paragraph 2.or if not paid in that�r.Bormwer s6�ll pay them da time diroctty �.,�.:��
<br /> -- to the petsoa owed paymea�Bomnwer shali prompfly fumish to Lendor all notioas af amoar�ts to be paid anderthis p�r�h• �_'-�"-_-_-
<br /> . If$orrovQer�dxse PtYments�Y,Borrower sliall PmmptlY fiunish to I.elxkr ra�eipts evidencing the payments. _
<br /> er '
<br /> - • ����P��Y��3►�en which has prioriry over this Seturiry Iastnm�ent nnitss Borrower.ta)agiees in ;�� -
<br /> ` - writing to the payment of the obtigation savnd by the tien in a m�nner acceptable m Le�der.�(b)rontests in gcwd faith the fien = - - _
<br /> _ - by. or defends ag�inst enforamrnt of the lien in.lega! Procced�nSs whicl�_in the Le�der's opinion operace to p[evau the �=-,,;�_:_
<br /> ' enforoem�t•of the lieo;or(c)sa�ures from the holder of the liea an agrecment satisfactory to l.ender subordinating the{ien to s-�-�_
<br /> "this Sac�i-�Iastrt�men�If Lender determines that any part of the Ptnperty is subject to a lien which may attaia prioritl?o�er w-
<br /> 've Borrower a nobice idesuifyiag the lieg.Bormwer sttall.satisfy the lien or taice�flr. �`�,�_.�,"'�
<br /> - this Secc.�rrcy�nt,1.ender maY 8� , . .
<br /> , p: more of the actions ses ferth above within 10 days oft�e giving of notice. ,'`- -
<br /> =�'': ' S. pszard ar pt�vty �uranca Bomower shall kcep the improvements now existing or hem�fcer erected on the . .'
<br /> v�: ;.. ,5..._. .
<br /> ' prop�ctY insured�in,.v;,�ossby f�,hazards inciudod within tfie term °exteadod coverage' and arry other 6azards, i�tuding :.:'*,��.�: --.--
<br /> � floods o r f l o o d i ng.f c r r s v h i c h L e n d e r req u i r e s i n s u r a n c e.T h i s i n s u r a n c e s h a l!b e m a i n t a i n e d i n t h e a m o un ts and for the p e r iods :r;,,;=`,--
<br /> ' that Lend.:.r�quires_'F�e insurance camer providing the insurance shall 6e chosen by B�rnaaver subjece to Lender's ap�raval __ •,:�;�.-—
<br /> � ahich shaYI not be u�rawmbly withheld. If Bonower fails to maintain covetage desec6�above, Lender may.at C�xrjs .,.. . x ,
<br /> �-• option.u6tain coverage to protect I.ender's rights in the in accordancr sa�th paragrapl►'7• . ��_
<br /> :F Ail insurance polrcres and renewals shall be accepta��I.ender and s�aJt include a standard mortgage ci�vse. L,ender . - .° ` .
<br /> _ f- ; shall have the right ta hold the policies and renewals.IdLeMer reguires.Borrower shall promptiy give to Lerder a!1 rereipts of '{,;.
<br /> , ' .ti � �aid pnmiwns and renewal notices.In the event of loss,Borrower shall gwe prompt nodce ta the insurance carrier and ff.eade�'. �� .
<br /> , Lender may maice praof of loss if r�at made promptly by Borrawer. • , ` `�,��.=
<br /> '�°`•:A"'� `' llnless Lender and Borrower atherwise agree in writing.msurance psaaeds sfiall 6e apptied to mstorarion or repa�of the
<br /> 'j�. - � � �� propotty damaged,if the restoration ar repair is economically feasible and l.ender's security is nat tessened.If the restoranon or
<br /> �;�s.�''� � -' repair�s not eaonomically feasible or T.ender's security would be lessened.the insurance pracee�ls shall be applied to the sums '
<br /> . :�;:�';;�'•;� ", secured by this Security lnstrument. whether ar nat then due. with any excess paid to Borrower. If Borrower abandons the . ��
<br /> _ -�K Property.or daes tx+t answer within 30 days a notice from l.ender that the insurance carrier has offered to settle a claim,then ,',
<br /> • Lender may collect the insurance proceeds. l.ender rt�ay use the proceeds ta repair or restore the Praperty or ta pay sums ,':;'':�, �-'
<br /> .. r,�.•:; �:
<br /> ' f secutod by this Security lnstrument.whether or not then due.7'he 30-day periad will begin when the aotice is�ven. ••";;,r,`�r;.� -
<br /> '� '• Untess Lender and Borrawer otherwise agree in wtiting.any application uf'proceeds to principal shali not extend or
<br /> _ • postpone the due date of the monthly payments refcrred ta in paragraphs 1 and 2 or change the amount of the payments. If ., . '�`. .--
<br /> °;:�;;�:=`�= P�S�P � Y q Y S� Y Pp P S
<br /> . under h 21 the Pr rt is ac uired b Lender.Barrower's n t to an insurance licies and roceedc resultia from �' � • ,
<br /> �`�'�"`- � • e r:u L'�e Pro R rior to the� �isition shall ass t�Len�F ta the ex[ent of the sums secured by this Security lnstrument - . �
<br /> - ,��;.•. �8. Pe �D �' P ;_
<br /> � ' '�:' � immodwyI�:�prior to t e acquisition_ _ . --
<br /> % 6.Oa�pancy,Preservation.Maintenaace and Protectian�i the Property;Borrower`s�a�ApplicaNan;Leasel�otbs.
<br /> . �._
<br /> _ . • y- Bomowcr shall occ�,r:..�tablish.and use the Property us Borrower's ptincipat residence within siz�v��s�fter the eaecution of •��_
<br /> r:�. this Security instru�r:m and shall a�ntinue ta occ�y the Property ac Banawer's principal residence foralleast one year after :
<br /> : �
<br /> :..,,,�`��:'� • � the date af occupancy,unless Lender otherwise agrees in wdting.which ccrosent shall not be unre�asanably wiihheld,ar unless - .,; �
<br /> 3....:.�.
<br /> � -�_�,;- • eatenuating eircumstances exist which are 6cyond Borrower's control. Earrrnver shall not de�uay, damage ar impair the ;� -
<br /> � �`'�;,.� Property.allaw the Propeny to deteciorate. or commit wa�tc on the Property. Borrawer shap be i�default if any farfeiture �;;,.,,.• .
<br /> ��'�=���*_'� , action os proceeding,whcthcr civil cr criminal. is begun that in Lcnder's auod fuith judgmcnt wuld result in forfeiture of the �': '
<br /> ;;� . .
<br /> "' .�:� Property or otherwise materially impair Ihc lien cr�tcd by this Sccurity lnstntment ar LcndePx security interest Borrower may
<br /> -- � ' cure such a default and reinst�te,as provided in pauragraph 18,by causing the ac4ian or procee�iing ta be disrissaf witl�a tuling
<br /> - __-- --:_-= that. in Lender's gaad faith detcrmination, prcx:'�dcs foriciture of the Borrower's imerest in the Prapcmy or oth:r material • ,,_.
<br /> � ' �" ' impaim�ent of the licn created by this Securiry Instrumcnt or I.rader's securiry imerest. &�rrmver rhalt zi�be ire det'auit if , ��=«�
<br />; � _=i't;�"y;:• : . BOr(OK'4G during the loan applicatiun prorecs,�ave materially fat�,e ar inaccurate mform�etion ur�tatements to Lend�(�u failed
<br /> �Y"°"�. �. ta provide l.ender with arry material informatir.nt"cm m�nectian with the laan cvidenced by the Note.incfudits�.bLt ctot iimited .
<br /> � • , � to.reptesentations ci�n�ming Bonawer's excu�-�cy of ihe Praperty nc a principal residence. If this Seeurity instrument is an a •
<br /> � �� - teasehatd. Borrowcr �t�ll comply wi�h ali Ihe �r��visions of the lc�rc. it Sc�rre�wrr arquire� fce fit?e tv ►he Propcny, the �
<br /> � tcasehold and the fcc tittc slwU not merge untetis Lendcr agrcc�te�Ihr merger in writing. �.
<br /> � 7.ProtecUon ot Lender'�Iti�hts in the Yrnperty.lF Bc�rrnwer fails to perfi�rm thc cavenunt�anJ ugreements contAined in � •
<br /> , _ ',��;�� this Serurity lnstrument,or ihcrc iy a lcgal prurceJing ihal may significuntly affrrt l,cnder'� �ight�in the prupc�rty (such as a ti •
<br /> ' • • prnceedidg in b;inkruptcy. prnhate. fiir c�mdemnation or forfciture or tv enfurcc laws or re�ulutium►,then Lendcr m�y�iu:�nd �
<br />. ' �ay for whutever is neces�ary to protect the valuc ol'the Pruperly and Lender'!� rights in the Pr��peny. Lrnder's actions may
<br /> • . mclude paying any sum� secured by a lien which ha� priarny ���•er thi�Securiry tnstrument. appe:�ring in court. paying f.
<br /> ' • re�wnable auorneys fecs:u�d cntering nn the Property to makc repain.Althuu�h Lcndcr may takr actiun under tfii��r.u�agraph J
<br /> ,., ' .--,-.=� 7.Lender da�s nnt h�ve ta do sn. • !
<br /> . _ . Any amaunts di�burscd by !}crtdct uudrr thi� para�raph 7 �hail bccumr udJitioita) Jcbt nf Bnrm�ccr sccured by� this !
<br /> , , . Secuiity lnstrumcnt. Unlcss&�nv�ti�er and Lcnder agrcr tu othcr tcrn�s o1'p�ey�ment,thcse amounts shatl t�car intcrrst irom Ih� ;
<br /> , tlato of�isbunement at thc l�fote mte and sh;ill he payrt+ic, with interest. u{��n notice fr��m LenJcr tu Burrutver requcsting ! �
<br /> , . • p�yment. ' ' i . �
<br /> 8.Malg�ge Insurnnce. If'Lencier reyuired mu»gage in�urancc a�a remJitiun uf making thc In:u��erun�l hy this Sccurit} . .
<br /> • � , instrumrnt. &m��KCr shatf pay the premiums nyuircJ te�nr�int�,in the mnrtgagc insurancc rn cfkct. If, fiir u�ia• rr��on. the • . ,
<br /> ' t»�,rt�rge inrut.uue tY►verage requircd by l.cnder lapsas��r crscea to he in effect. �nrn�wcr shall pay the premiuuL�tryuircxf to _
<br /> � � • nbtain mverage substantially eyuitialent tv the�nottga�e insursnce previ��u�ly i�j rffcct,at;�en�t wbstanlially cqui��alrnt to the ;
<br /> —=--�-•-- •
<br /> � -------- cost�n Hnrtt�w�er af the tnarfg5�c iri.5urarice�F�i�idU�fy in�tieet. frmn an aftrmace mart�e imvtrr:cppr��af iy �ntes. E€ ;.----___�_
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<br /> ' . . n,;z o�o fctm 3028 9I9Q � ,
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