|
, " " . . . ,a- - , �t�. � ' . .� . . .. . . . . . . _ < .. ' . �..�„�,�:__v�.
<br />. � • • _t+�'. ` _... �� `_�_.L., ,�; . . •r_.y__ ' _ ' ' .
<br />_.1� �— __..
<br /> ����� �v
<br /> � � � 9�- �. .
<br /> . ,� �.
<br /> _ . S. �i�rd Qr Prop�rty tasvt�tre. Bormwer shall keep the improvemenu noiv existing or hereafter erected on the
<br /> . �, Property insured against lass by fire, hazards irtcluded within the tem� 'extended covcrage" and any ather harards, including �
<br /> Raads or flaoding, for which Lender requires insurance. This insurance shall bc maintaiae� in the amounts and for the periads �
<br /> � _ that I.ender requires. 'i4�e insuranee carrier providing the insurance sh:sll be chosen by Borrower subject to Lender's approval .
<br /> which shall not be ua�reasonabty withhetd. If Borrower fails to maintain cover�,e descritied above.ixnder may, at Lender's
<br /> option,obtain covera�e to protect Lender's rights in the Pmperty in accordance with psragraph 7.
<br /> _ All insurance policies and renesvals shall be acceptabie to Ler.der and shall include a standard mo�gage clause. Lender —_��
<br /> ' .�, shall have the right t�6old the poiicies and renewals. If Lender requires,Borrower shall prompdy give to Lender all receepts of �.
<br /> �-�� paid premiums and renewa{notices.In the event of lass,Borrowrr shall give prompt notice co the insurance carrier and Lender. ��
<br /> • Lender may ma4ce proof of loss if not made promptly by Barrower.
<br /> • Untess Lender and Borrower otherwise agree in writing,insurance proceeds shall be applied to restoration or repair of the �p�-�==
<br /> Property damaged,if the restoration ot repuir is economically feasible and Lender's security is not lesserted.If tde restoratian or R`' •�
<br />:i,,.' repair is nat economically feasible or Lender's seeuriry wauld be iessened,the insurance proceeds shall be applied to the sums �'�.
<br /> • secumd by this Security Instnnnent, whether or not then due, with any excess paid to Sorrower. If Borrower a6audons the �"°
<br /> Propzrt�r,or daes not answe�within 30 days a notice from Lender that the insurance carrier has offered to seitle a claim,then �"-"
<br /> . I.ender may ooilect the insuran�proceeds. Lentler msiy use tlte proceeds to repair or restore the Pcoperty or to pay sums c�
<br /> secured by this Security Instn�ment,whether or n�t then due.'fhe 30-day period wiil begin when the norice is given.
<br /> [Jnless Lender and Borrower otherwise agree in writing, any application of proceeas to principal sh.�11 not extend or =
<br /> �'.�� postpone the due date of the monthly paymw.� referred ta in paragraphs 1 and 2 or c6ange the amount of the payments. If —
<br /> under parag�aph 21 the Property is acquired 6}Lender,Horrower's right to any insurance policies and proceeds resWting from —
<br /> � damage to the Pro�erty prior to the acquisitiou�all pass to I.ender to the exte�t of the sum�secuied by this Sect�rity L�strument ��"
<br /> , immediazely prior to the acquisition. �`•
<br /> 6.Bceupaucy,Preservatioa,Mai�t�aad Protect�on of the Rvperty;Borrower's I.oa�a�pplisatiop;i.ease6olds. �
<br />- . Borcower shall occu estublistt.and use the -`_`:`
<br /> py, Property as Horrower's principal residence within sixty days after tttr�rcution of ___
<br /> '__ this Seeurity Instrumem and st=�;I continue to occupy the Prc�perty as Borrower's prine�pal resideuce for at least cc:rz year after �'-~•:
<br /> the date of accupancy,unless Lender othenuise agees in�+riting, which consent shall not be unreasonably wi��tlE..or unless �;�:�.
<br /> .. extenuating circumstances exist which are i�e:.•ond Borrower's convoL Borrower shall not destroy. damage c. impair the
<br /> Ptogerty. allow the Properry to deteriocate.,<<•r. commit waste on the Property. Borrower shall be in default if any farfeiture
<br /> action or proceeding, whether civil or criz��.?a b oaun�in Lender's goad faith jadgment cauld resutt in fcr$sture of the �';;
<br /> �.�
<br /> Froperty or otherwise mater.ally impair the Pi�rreateci(az��;s Security Instrument or I.�der's security interest.bbaower may �-'Q""
<br /> cure such a default and reinstate.as provida{i,n�ara�L�?F,Ly causing the action or��cz�ceeding to be dismissed with a ruling �T�-
<br /> that, in Lender's gaod faith determinariQn, �:cludes fe^S��z�of the �Borrow�r's interest ia the �roperty or oiher materia; -
<br /> impairment of the lien created by this Sea:sty Instrumer.s-�:Lender s sxuriry intsrgst. Borro��r�-,�all also be in defauit i�i !�' �'
<br />' Borrower,during the loan application process.,gave mater:aLl;�fals�e or i�accurate infoc�+ation ar s:.a2�ents to Leader(or faile�3 __
<br /> to pmuido Lender with any�r-.�a:rial information)in conne�ci�:�with the loan eviden:s,U�bn the Nate.including.b�:aat limited 6kr':"..
<br /> � 'to.repretsentations wnceming�'�.nrrower's occupancy of the Property as a principal re��uace. If this Security Insm�ent is on a
<br />�' leasehold. Boaower shall comply with all ths provisions of the leesa. If Eorrower acquires fee.6de to the Property, the
<br /> teasehoid and the fee atle sh�ll not merge antess Lertder agcees to the merger in writing.
<br />. 7.1Protectlon of I.ender's Rl�;hts tn t6e Property.If Borrower fails to perform the covenants�n,i a�eertcents contained in r�
<br /> . ., this Security Instrument,or there is a tegal ptoceeding that may signiRcantly ttffect Lender's rights in the Pro�t-Ey(such as a ■`::'•
<br /> � prooeeding in banlauptcy. probate,for condemnation or forfeiture or to enforce laws cr regWubons),then Len��ay ao and
<br /> F pay for whatever is necessary to protect the valus of the Property and Lender's rights in the Properry. I,ender's aciions may �
<br /> •� = include paying ac�y sums secured by a lien which has priority over ihis Security lnstrument. appeazing in caart, payins�.
<br /> �•.�S masonable attomeys' fees and entering on the Property to make repairs. Althaugh Lender r►�y take acxton under this paragraF� r
<br /> ..: ', ?,I.:nder does not have to dv s�. � � �
<br /> � =;� 4in,y amounts disbu�c+�zv,� Lender under this paragraph 7 shall become addirional debt of Borrower y;iaa�d by this u``•"F
<br /> •��:
<br /> Se�mi:y Instr�ment. Unless�iy�:rwer and Lender agree tu other temu of payment,thess amounts shall bear interest fram th� •
<br /> : ;��. date of disbnrse�r�t at the IVote rate an�,s5a11 be payable. with interest, upon nodce ftom Lender to �orrower reqaesting --
<br /> . . ��_:
<br /> Qayment.
<br /> .•: �� S.Mortg�ge Insarance.If Lender reyuired mortgase insurance as a corcditlon of making the loan secured by this Secority —
<br /> " Instrument. Borrower shall pay the premiums required to cnaintain the mortgage insurance in effect. If, 4'or any reason, the ��."'
<br /> • �origa�e insurnnce cove�age required by Lender lapses or ceases to be in effect.Borrower shall pay the premiums required to ,_._,
<br /> � obtain coverage substanda�ly equivalent to the mortgage insurance previously in effect,at a cost su6stantiatly equivalent to the �'
<br /> . �', cost to Borrower of the mortgage insurance previously in effect. from an altemate mortgage insurer approved by Lender. iC '(�?•._
<br /> '� �.'�Stantially equivalent mortgage insurnnce coverage is not avaitable.Borrower shall pay to Lender each month a sum equal to. S�
<br /> �.'•{! ccia•swelfth of the earl mort P S P Y S P .�� �
<br /> y y gage insuranoe remium bein aid b Borrower when the insurance covera e la sed or oeased to i
<br /> , be��effect.Lender will accept.use and retain these paymenu as a loss reserve in lieu of mortgage insurance. Loss resenr� ��
<br /> . '
<br /> .,V�;�, Form 3b28 913FA
<br />. .i� vngo 3 ot g �7:�.
<br /> .. �..�.. .. . .7�.yr,_
<br /> �Vl1U`�;c,,:
<br /> ���( ��,hijp:.
<br /> .�: R�'� �
<br /> . ��y�sp^Yr. .. � ... ,• . . . • .. �: . . . �a.`"'' •
<br /> �)41v . . .
<br /> :, . , : . • . , , ,hE��1: ' ' • ,'( . . , • . .. � . : :. . '..
<br /> . � . . . � • .. . i�S7f7�x • . . . . . • .. . , . • �_ � . .. ..
<br /> .. . . ',t4�d;. . . . ' , : � .. .._ . . .
<br /> , ,. . ' , ' .. ',f �. .. , , .. :� ' • �: � . . • . � , .
<br /> � . . . . • . . . ,:
<br /> � ��� • . . . ,
<br /> � . _ : . . ._ _ . .. _ . _. , .
<br /> . . . . , . . . .. _ . . . ' - _ •. . , . ' •. ��. • •
<br /> . • ' . . . � • . ' . .. � . . ' - ' . • n
<br /> , ; : . � • • . , ... , . . • � - • _ . ' • '. . . .
<br /> — — - _ _ _ - --•• ,- -_ -- - -- _ --- • - __
<br /> - —-- - -- ---— — — - -°—_ - = °—" --
<br /> _ ._ _
<br /> . . .
<br /> • , .. `. . . . � •. ::<' . � ' . . � .
<br /> . ' . . ��._ • � .. . , . , : � - � : . . ..
<br /> . .
<br /> . . . . . _ ._ -- - • �
<br />. . , . ' ' ..n . .. .. .. _ . .� ,. ,I • 1 , . - � . . . .
<br /> .... . � . �I ,;�;i . . . , .
<br />'_ .l.�t�. .. . ' . . .� . . , - . ` .. . ��. . . . - . -' ' . 1 . � .. . _e . . - ._ . . ..
<br />
|