|
� . .�--, . _ :'_ _ -_—�
<br /> � • --���-_.
<br /> �"�,"`". a. ..
<br /> . . _ . , -�..�-�.
<br /> J
<br /> ..�w
<br /> :��._ca: ._ rrrwwa:a�irYOa�waMn�JY�i7ir -- --_�•..•_.�-,�+-•rti•°�^�-••--�°� � ' �tir`.`--
<br /> VV� ��al�
<br /> . S.Hs�rd�r Property Insuraaoe. Bnnrowc;r shall iceea thc imp:ove,ma�u now cxisting or h:rcaft;r cncic:i on the Prapaty
<br /> insaucd a,Qainst bss by :"ve, ha�r�s inciudod wi�hin the te�rm "catuidc�cavcrago" and an3�otlxr hazar�fs.including floal�or
<br /> flooding.f�x which C.cnaer roquires ins�uance.'Ihis insuranc:,shall be maintainr.�in the anwunts and for thc periods tt�t l.cl►dcr
<br /> roquires.The ins�uance carrier providin�the iaSUtanca shall be chosen by Barrowu sub}oct to t.ender's epproval whlch shall nat
<br /> be unrcmsonabty withheld. If Barower fails to maintain covePage eiescribod �bove. t,ender may. ai I.e�d�r's o�ti�on. a0t�in
<br /> caverage to prottct i.�nder's ri�hu in the Proputy in accordance with pan�raph 7.
<br /> Ail insivaaca poticies and r�►cwals shail ba�btc ta I.encirr a,ui shall inctudc a acvsdar�l mortQa�e eL�uise.l.e,-uSe�s,'ia,ll
<br /> have thc ri�ht to twJd tho policies and rrnewals. If Lcadcr roquires,Barrower shall P�P�Y 8ive w I.ciuler s�l!!roceipts of paid
<br /> premiums and renewal notices.In the evcnt of loss,Bo�rower atwll give prompt noticce to tha insuranco carrier aad Leackr.Lender
<br /> may malca proof af bcs if not rtsadc prwt►ptly by Borrower.
<br /> Unkss Lender and Bwrower other►+ia;agree in writing.iruurat►ce ruoceedc shall be appliod W resu�ratioa or tepair of ihe
<br /> Pro{x�rt9 damaged,if the restoration or repair is eoonomically fcas�le and Lender's security is not lessened.ff tho cestoratioa or
<br /> rcpair is nat c�conomicaily feasible or I.eadu's socuriry would be{e,ssened,ttu insurat�a proceeds shali be applied to Ihe sums
<br /> secured by th3s Security Insaunun� whtthtr or not then due. wilh any wtcess paid W Bomower. If Botrower abtuulons the
<br /> Propaty,or does not aaswu withice 30 days a notice fnora I.c�uler that tho insurance cairia has offurd ta seuie a claim.Uun
<br /> L�Wer may oWle�.K tAe ins�uance pra.,eeds.L,ender may use tue prooeeci�s w rcpair or restore the Property a to pay swnv socurod
<br /> by lhis Sec�utity xtt�rwne��wbetha c�r not then dt�e.7be 30�y Ixrbd will bcgin when tho notice ic given.
<br /> Uakcs Lender and Borrower cvbawise�grce w writu►g,eaY+FP�'��P��P��{�shall not ea�te,nd or postpone
<br /> tlso due date of the moatblY P�Y���errod to ia paragraphs�aa�2 or c6ange the amount of the paymentr.If oa3cr paaa,graph
<br /> 21 the Pc�opaty is acquirod by 1.e�4�.Borcower's right w aay aasaranoe policies and proeoeds resuItinB from d�na,ge W the
<br /> �Y P�w tbe acquisition st�aU pass to L.c�r�o tLe e�sesu�f tae sums secured by thi�Socuriry InsWmetu immedi�tely
<br /> prior W tt�e acquisilio�.
<br /> 6.OccuWne7.Pfreservatioa,Mainteaxnce aa�Protectioa d the Aroperty: Borrower's l.aan Ap��irntion;LeaceBolds.
<br /> Batrowu slall occupy.cstab]isb��►d use the Propaty as Batz�w�t'c priocipal nsidence witbit�sirry dnys after the executioo of
<br /> this Socurity Instrumau aad sh�ll ooaUiaae to axupy tlfa PropeaqA?as Bomower's p�incigal resideace far at least oao year after the
<br /> date of oocupancy. tutless L.etukr otherwis�agnoes in wridag. which cott�ent shall twt be un[easooably withhe3d, c�a unksa
<br /> eattraivaw�g circuautaaces�xist which at�e beyond Botrower's controL Barmwer st�all not desuoy�dart�c�im�air th�PropatY�
<br /> allow tbe ProQa�ty W deteriaate. or cammit wasie m tha Pm�ty. Ban�w�st�ll 6e in def�ilt if aay farfds� actioa or
<br /> p�ceeditig,wtsether civil ot criminal,is begua that in L,etsdePs good f�ith jtu��ment couW t+es�ilt ln forfeit�se of tlse Pt+qpaty ar
<br /> otbdwi9e m�taiaUy impait the liea created by tbis Sxurity Insuument or Leadet's socurity intarst Borrowa way cure sncb a
<br /> defa�tt and ceinst�te,as provided in p�ragraph 18,by causiag the aciioa a p�rocoodiag to bo dlsmissed with a iuliag tt�su,in
<br /> L,tada's good fiith cietamnination,pta',ludes forfeicure of the Bamwa's inu�ia tlu Prnperty or ottKr at2terial imp�rtneot of
<br /> the liea crcated by tdis Sxurity Instru�a�t or L�'s security intuest.Barawer shall also be in defwli 6E Sornnwu,durin�tZ�e
<br /> ��PP�P�•8ave a�ateri�lly fa19e or iaaccura�e infoanarion or statana�ts to l.eada(ar fa�ed t�provide L,c�adcr aitb
<br /> aay matai�l iafo�atioa�) ia ooaaxtioa wit� tho ta�a evide�ced by tl�ee Note. inctudiag, but not limiWd to, re�c�atatioa�
<br /> -------- --� ---- ��...:-�---_-_. _�._�.�_---�---- , „ .� .
<br /> ------�--^------�----�------- -�-�-^-----� ' ' �
<br /> w�w�auw�j nuuvwa s twn:ty�w.y va tuG ravy�aa�as�t y�u�.yr�aca+�Ciaw.u u+u�o�.tuny -••n vu a w':�'i"wa,.
<br /> sha11 oo�mply witL�11 the pmvisioos ot'the iq9e.�f Ban�owrr acquires fee o�le w tbe Propeicy,dtia lr�se��od tlse foe tittle shw
<br /> not mage unkxs LRSider�,grees w the mager in wtidag.
<br /> 7.Proteetisa a�Leoder'a Ri�lus is tl�e property. If Ba�rower f�s to perfacm the coven�ats aaa�coamined ia
<br /> d�is Se�ritY Instnunmt.a there is a legal proceecling that may sigaif'xautly affect I.ender's rights in tbe Pnapa�ty(sncb�s a
<br /> peoceoding in baakcuptcy.Probate.for oondemnation or forfeinu�e a to eafocr,e larvs or re8nlations).thea I.tader may do and PeY
<br /> far ah�cvv i4 necessuy tio pcotect tbe value af tbe Pcoperty aod I,eader's�ights iA the Pc�operty.I.enda'9�etiaas raay ineL�d�e
<br /> pyiog any sums� by a liea which I�s priority ova this Socurity F,�uma�� �PP�S � c�.�Yu►S�ti
<br /> at0oro�ys' fees aad auariag oo tbe�y b make tepira Ait6ough I�eader may ta1c��ctioo under this parag�aph 7,I�eoder
<br /> does m¢have to do�.
<br /> Aa�ama�ot�dicbiu�sal by l.eader iukler this pan�raph 7 shall becane addition�i debt of Bamowu 9ocured by t?�s Soaurity
<br /> Ia�mau. Un3as Barower aod I.eadet a��ee m other terms of paymeot.these amoan�r s8ai1 bt�r ma�from d�e daie of
<br /> disb�usemaot aC the Note taie aad sh�ll be payable,witb ioraest.upoa aotice finrom I.eades to Barrowv roqcne�PoY�
<br /> s.Moet�s�e Iaaira�oe. If I.eader requirod martgage iaau�oa as a caoditk�n of maiciag t1�e lo�a se�red bY��Y
<br /> Ins�uaaeat,Barowa zh�ll pay t�e pcemiums roqutrad to maiat�io tLe mortg�e iiisuranoe ia effxt If, far aay�.the
<br /> mo�t�a�e ms�ranoe cover�ge required by L�eades lapee�a cxasea b be io e�'oct.Bacrow+�s�11 PoY�P��9uired tn
<br /> . obtaio coverage�uisilly equiva3eot to tba mact�age iasurance pn.wiously ia effect.at a oo�t�11y equiva3au w►be
<br /> oost tn Bonowec of the mortga�e inAUance pr��usly iu effect,from aa�WT�mate mo�tgage iacura�Qroved by I.enaer. If
<br /> subs�ntiallY equiv�eat matgage iosurance covers�is not availabk,Borrcwe�stiall pay w I.etida zach moath a sum oqual w
<br /> oae-twraftb of tbe Y�Y�B�B��y"=="'"'��beiog p�ic�by Ba�ua•et wda�the insnraaoe covuage lApsed or ceasod to
<br /> be io ef�'ect.I.utider will acapt,use aad ra�in cbcse paymasc�as a bss raave ia liw of moet�e ins�uance.lass rese�ve
<br /> Forw iOZ� lJ�O
<br /> ��dA(ME7�oz�a�.o� vao.aa• �n.W.:_—.-- _
<br /> ,�
<br /> y . r..;i: �t,:�
<br />--_ -- _ _ — — - - -
<br /> --- ---
<br /> rr __ _ ..�..-....--- -- �,_ -
<br /> ° ' • t` ,,s'. :.rtr.�:S"• ' ,r.-c=�. ----
<br /> � " . . , . ,. a4:it.. ;i. II 'r�� . . - '�L�=�i-.0
<br /> . ,�,i:}.�~ � .a..__-_ -
<br />.. - . . , . � �. ` - •..r�f� ° ,,,y., i . � � 1�y.'�� Y=
<br />. . .. • /! ��r„��Y''wc�r,y, �;N.;^t �F-�7 y .. ' ,r.:� .[n^:.z_.
<br /> • _ ft�' . . . 1��?�(��<
<br /> i ,,'
<br /> r7. ��w � f" . . _...
<br /> 'L . . `�_ =1',a`-�•_
<br />- . . .. , ...• °,,v�!v ��l4 �i ,.r..R�. � ,. . .i.�3
<br /> r v if�
<br /> ' '"� - i •� ' ,..f5f::
<br /> • . . •",,��K ..I.'�:�:..
<br /> . • ` ';= f ,��� � 7 ' • ' �
<br /> � , . .e"h�.3'.#�fi '°jd_', .. . �` .
<br />.� . � � . • � . , . !, r.y .. �. . -
<br />_�# � - - ' . - .. _� ���r- � ' - �
<br /> � ��. t'....., -
<br /> •' ' • . U _ � 1.�, �IC.�i.fTJ�T.-^_
<br /> , .Y,: i]7•�1f�-•. •Jl'�•y-X�,�.�T.�7�ii-�i)ia�
<br /> ��_. -• .
<br /> -... ..... ...... ....u� _ _.��: .a.aA-.. ..�".lar_.._-..
<br />
|