|
. . . .. � , . . � '.. '... . • '. .�..-.
<br /> � ` .. ; ' . ,<i =`: _ , ' .. . ` . ' ,. , . � ` #_
<br /> .. , . � � , . � . � . • � . � .
<br /> .�..-._.�_U:....- - ___�.r^�__._:�____�_._.__�__. __ `y�:.��.�..__��....—..----,�_.� ' - ---=; � � , : �_
<br /> ,; .. :
<br /> ! �°' ',d��1.�� . . .' �
<br /> � ' : " ' .�.,
<br /> S.H�d or Aro�rty IInsu�ttnce. Boaro�ver shall ka�t!�imqsovezaeats naw exispnB or�aftQr aected oa rAe Praperty
<br />` :i ins�ued t+ga.insc loss by fire,haazscls incladed within tM.tesm"eateaded cove�age" and any other hazards.inctudi�g floods or ,
<br /> � ftaodi�g,fnr wGisb Leader mqt�es iasurance.'IUis insmance shalY be maintained in the aarounts ansl for tl�e p¢riods thai I�der , . ; __-
<br /> , re�luiaes.The instuance canrier paovidiu8 d�IDsuranoe sha11 be chosea by gormwer subject tn Lend�'s appsoval atuch shall aot
<br />:..� M �easonably withheW. If Baimwar fa+ls to manata� coveaage d�nbed abovz, Lend� may, at Lender's option, obtaia , �
<br /> 3 cov�,ge W pmotect Lend�a's rig�ts in�.Ptaperty in�rdance wit�p�sgtapb 7. - - -.-- --
<br /> d a' ri
<br />'. i pn insuasuse Polici�and renewals Qha}3 be accePtab2e to Iaa�er aud s5a11 inclade a standar�ffiortgage ctanse.l.eader sl�ll , ' .
<br /> � .
<br /> . 6a•re ti�righs to ho2�tt�policies an�rew:v�ats.If Lender requsre.s.Bosmwa shall gmmptly give tu Leader all receiPts ai paYd
<br /> 1'c es � � •
<br /> � � �rniums aad aemewal aotises.tn the event of Mss,Barrower shaIl give prompt notisx w ii�e insu�mtce cazi�an�I��er.L�ad� - - -, -_::_�_:--=-
<br /> .; m�y make pr�f of loas if nat made promptty by Bormwea. . . . ._`,'�- �"
<br /> �; Unless Lx�drx and Basmwea otherwise agree in writing,�s�raace pmeeeds shaIl be agplied w resmiatiAn or repair oF�he , .,,:v: :,.,_:• �
<br /> � �` �P�1�'IIed,if t�e mstoiation ar m�a�is econom�saDy feas�'ble and I�n.der's sec�rrty is not t e s s e n e d.l f t he r e s m i a r i on a r .
<br /> mpaa is uot economica�Iy feasible or Leur3�r's security wonid be lessened,the insura��e proceeds shall be applisd ro the somv .�=
<br /> • �"Y�,N�1�'+"v.'.�
<br />�`:., se�caued by this Secauity Ins�umens, ��or not then due, wit��Y ex�ss P�to Boaowea. If Banowea abaadons the _ : .:-r:;:�.
<br />'"'�•` Property,or does not ans�c-c��i��1?�is a notice fivm L.eader t1�die ir,.s�amse�hss offeaed to�a ctaim,thea ' :.:-_:: •1•����
<br /> ' Leader ma coltect the insc�pmeced.s.Leudea may use the pioceeds to rapais cL ce.stare the Piope�ty or to pay s�uns sei,�aced �,�`: , :.
<br /> Y . 4`7�rs _���'�'.�
<br /> ': by this Security I n s u u ment,w h a h e r o r n o t t�e�dna.The 30-aa y p e r i o d w�71 i�w�ea the notice is give�. . . . _=�,�.� -�„
<br /> • U�Lreader and Bmmwer orheiwise a�in writmg,anY aPPlication of psooeeds m prmcxpal shari nat exteud or pos7poae y.
<br /> � the dne date of t�e monthh+Faym�ats rafe�red to in gaiag�apt�s 1 and 2 ar change the amoimt of the payments.If uad�r p�b '.., .' .� .`..�U4�
<br /> :.`5 21 the Prop�ly is asqt�aed by L,end�.Boimwer's ri�t w say insurdaee�licies and pmceeds resvltiag fmm da�age tn the •--- ��
<br /> � __ .$..:M:-�-
<br /> � �: �D�Y I�oo the acq�.tcun shall pas to Lemds��he exteat of tha sums s�by this Sa�ity Inscc�.*�t imma�iatety — -�_�"�".=�.,;
<br /> r,l _�'R -i'[:,
<br /> " { !PIlOT t0 th68CQIIL91hl4L. •`. . •:,�'�.,•:�
<br /> �, pr M.�;-.•��n�stud Peo4edFaa ot t�2 Prog�dy; Barrawer's Laan Appttc�tio�;l.estse�oid�. .'�'�°
<br /> ��9� � . =
<br /> .,.} >:. , ; � tm�
<br /> �..� Boaower sha11 occupy,e._��.��se Yhe P�+a�erty as Bmrower's�cipel z��ace witi�ai�tY daYs aftr�r the e�u�u4ion of . a'i� t z • d�
<br /> :.� t h i s S e r u r i ry I n s�u m�t���1�'�s�m oa:upy the Aopeaty as�uaower's�1 residemx f�at t�st oae yeaor agter the ,�-,"�'� ti. ;�.:,:,,_
<br /> �� date of , �Q��',��a+ise agrces m writing, ahicb oons�i s�1 atix be uiueasonaUl� �e1d. ar �n l e s s ,�P`3'u�i t'�•x�s•�;,:F:,,
<br /> 00� desproY,dama3 �mPaia ProPettY • °,,
<br /> � � e�xteauating c�umsmnces e�;st w��s•se beyand Boxmwea's controL Bomawea sL�Il not •;<.� ' . •r.;:.
<br /> S e ar' the , •r < ;.;;s�:�::
<br />' �' allow the Pmperip to deteric�&»ca x�smit waste on the Prape�+. Bormwer shall be in defsult if any farfeilt�e actiou or •�j� ':�' , ���.�4',t,,
<br /> . x proceed'mg,wh�thtr clv�7 or a���tLat in I�eaAe:'s goca7�th judgmeat cflnld�suit in farfeivae of the Pa�� :�., :.
<br /> ' otherwise materiaily�pa�r che iiea�by this Seauity Insuu��at or L�eudea's securiry interest.Boanwet tnay cau'e s��a •.::. , .� �,��'
<br /> defeuIt ead reinstats.as�r-3ed in pa�a�aph 18�.� sansin8 the actaan ar�g w be dismic�ea�-n�a tnling t�a4 ln .r�,:,�: �•'''- :.,..;;°;;'-
<br />� Lender's good faith detr�^s��,P��fatfea.ca��f the Baanwa's int��n the Praperty�ot�er�.�panm�t of ." `y;"�s°"
<br /> the 1�created by this Sav�i:�r 3m"s'�w.t or I��'S�w.v�iry intaesq.Botrow��t►all also be m def�tc:�Telr�rrar�rra,dtsi�q tlte •„ '�}(�!,
<br /> �j loan appliwiion grocess.��'`.�G'ty�E��se ar e�te mfur�nauon or statcme��w Lead�(ar fa�7ed��rrm.8�I.en�w�h .�:--"'�� � ;'�r?::q-_��-
<br />;:. � any marrrial mformatian) fra coanetxi�� �dr�h t�e 1ra�evidenced by t4e Note, indndfig,but not limiU�sii�m,repre.seutsiflns � `,"`t..
<br /> ,•� . ,..
<br /> conceining Bmmwds�cY of the Pcopeny as��inc�pal resideuce.If tbis S�Insuament is am�u�sehold,BoAOw+zr . . . ��'
<br /> � shall comP2Y�arith aD d�e�visians of the lease.If B.�*r�we,r acquires fee titIe to the prope�ty,the leasehald:mu��e fee attQ shaII - .. ::,�--
<br /> . ; ,. _
<br /> .' noi me�ge�mSesg I.ender a�ees w the merger in writing. �.'�`-�-��-
<br /> � 9.Prot�tion olLender's Rtghb in the Propeety. If Bomnvrea fails w pe�rfo�m the coveaants and a�ts contaia�Y in ,i�-==
<br /> �,.'". "`,:-- ---..
<br /> � this Sec�ity I�ta�,or thece is a legal groceedin8 tt�at maY s�t1Y a�ect Lendea's rights in t�e Pm�erty(se��s a •�-��>�•--:,;;:;,,�,.
<br /> .� Dj�B��,�'°bate.far wndemaatian ar fazfert�e cr w eaf�ce laws or c+egulatioas),then 3.�mil��y do s:��say .s_�,�:_'_ �.....sa_�
<br />•. . � for wbatever is ue�essar�'no�Otect the value af the�r.�periy and Lendei's ri�Y.^a in the Pmpeaty.Lend�'e��tan:ms may inclade �:-._..:.,�,,.�,��.�;-
<br /> � P�8 enY sums secur�ed fJy a liea whicB has gr�asy ovea t�s Sec�ity �snwneat,appearin8 in cauc�,�try�n8 reasanable �*°!���,���.
<br /> 'fees and eatering on the P�tY to maka�+epairs.AIc�r�Lender may taYe action imder this parsgrapb 7,� -------�.�!!,"�'
<br /> attaRnegrs m ���: -.-=v—
<br /> dces nothave to do so. --- _-- --
<br />� Any amount�disburs��by L�ender�sder this p�s�h 7 shall 6eeome additional debt of Bo�rower secured by this Securiry ���_�--.:-�:��.
<br /> . instrumeat Un2esv Ba��r aad�.e�der ag�w as^,�t�ms of payiaeat,these smounts shall bear iatc�t from the date of ""°'"��-
<br /> , ' , •.
<br /> disb�useanent at the Na�ct^.e and shaIl be payable.v.r��te�est,aT�c`n notice fram Leudea to Barmwer tequ�i�pal►men1: �:����'��.�=
<br /> ,�_:..,�..-
<br /> 8.14lartg�ge Iaqaran�. If I.euder required mortgage insuaz�x as a oondition of matcing the taau sec•.�a1 by this��� � ,- :,
<br /> Insaumen�Homrowea shall pay thse preaniunos required to maiQ� the mortgage�ce in e�'ece.If, far any�asc�, :�e < �{ •.,�. :.:°
<br /> � e insuraace ca� e r uind by Lendc,a layses or ceases w ise in effect.Boimwcr shall pay s�e v�i+�s requtred w �� '�`"'`-
<br /> mo�48e$ rsa8 e9 �.;�-�:.:;�';`:�-:
<br /> obtain cayesage ss�.�riaUy atuivalent to the mortgage insu�nce gneviousty in effect.at a oost su6c�.9uiiuli`,ry eqwvaieat to the -r.°, , ' � ..�;::;.:::-
<br /> inai nen �xt.-
<br /> cast to Boaower cf��ortgage *�..�previa�sty In e4fea,from an riltemate mortga,ge insamr u�gpr.rs�ed by L�eader.1f •� x�,
<br /> substanttaaII t a�ortgage ln�aaace cove:age is aot avaiS�te.Bomnwer shBU paY to I.eadea eac��th a swn eqiwl oo _ _—="°".°._=-.--
<br /> IIg .�ys�valen . .
<br /> on�twelftii a�the yearly mortgage insvrauco pm�ium�ein8 P��3+Barower when the ins�uanc�e covr�_laqsed or ceasad w -''�'�"f�� �;-�'".�.,
<br /> �e in effect. Lender will eccepb ase mW reu�inn t}�e yayments�a Ws reserve in lieu of mort�ge i��unce.Loss reseive ���.�.:.�'�y�i
<br /> re�i ,�±,�: k.,��
<br /> . ,.,,,....: �.'
<br /> -�_:�._�r:'�7:'_.
<br /> Form8 0/00 .." �
<br /> .�;,yt.:�,�:.::,-.
<br />. ��A�Ql�lY21�).Ot PR�,s 3 M 0 Inttl ' . - , ..x... � �'
<br />- � • .� ' �� , . ... . .
<br /> _ ��. . . _ . .. . . • . . . _ . . . ' - . .. , :
<br /> . • , . � .. - � . . . . , . . . .. . . . '. . .- �� :
<br /> . . . . , . . . . : . .. s-
<br /> � : � . . � � .. . . � r, � , . � . . � .:
<br /> . . . • , ' � . �.. �r
<br /> . , � . . ' r�
<br /> ._.._...._..�-.-r----��-,.----__...,. ...._-.-..,..._..____� �.._�� .. �.__ ..___... _.__ -- , -. _ .. .._ , ...
<br /> --- . � _ ,. .
<br /> �:
<br /> , . : . . .. . .. . . .
<br /> � ., .� � . . , .. ��' � � .. ' . . �. ' ,�.. .. ," � . ,
<br /> .
<br /> .
<br /> .
<br /> � � �t.
<br /> ..
<br /> . . . : .
<br /> ... .. .. . . �.. . ,.. . •
<br /> . ,. �
<br /> , ,�,. .. �.
<br />
|