|
r�= _
<br /> l..��.�, .�._ -•. - -- ----__ -= -- -
<br /> � - --- •---. .. s .. _�_ _—=r?�ir+awk,:;�+r-�=._z__ _ - _ — -- — s—�=�c T 3-
<br /> ,r�.-,�.�
<br /> �..n�.�. _., -- . __—
<br /> • :-:z•.-
<br /> .....�.,re,r�n+,r,.....,..,,o.�.. .. . »_.. -,.--=��-�-_' s..-T=.
<br /> .....a. v4'i1,•n�tt'. — _ _ ' _ —__ --- ___ _ "_ _ _ _ ___ _— _
<br /> � g�- 1U�� �
<br /> S. ti�u�d ur [h�uper4y ta�w'w�cr. EA�rr�►w�e :h:ill kc.� tiu impro�•enxner �►►►w exl�th� ur tkr.:�flcr emtrJ o+� the _.
<br /> 1'n�{xn}� ins�r��l�rii►�t I��u. h} tirc. hscu��ls IiklwkJ MII{I{Il(Ik l�lill 'cxtcrul:vl �y,�•rrayr" r�Ml �+�tiy ��hcr h�n1s� iirlwli��� �
<br /> il�xsl�ur Il�w�li��, t�ar vvhleh l.r�xlc�rcyuirc�iiuurwwr. 1'his i�uur�uu�e�I►xll t+c i�usintaincd in tik wiNwntr�utiJ ti�r ttu{>cri�xls R
<br /> ttut l�t►Jtr royui►�.a. 1'lie I�uut�iuc c.urlcr pra��idin�tlx in►ur;uke rtull bc rtx�n hy Ii���ruw.r �uh���� tu l.rixkr'�u�(�n��-�1
<br /> u•l�i.l��.hal! iwt be unrC:wNUbl}• wlthheW. ]f W�rruaer faik lu �iwintxin�:uver�r Jexefbcxl uha►��. l.e��:kt nuy, ut lxixler'r
<br /> upti.Wi.�:bwie���ycruLe tu pr�KCtit lxixicr'c rights iu llk Pru�rty In u�:��rJatkc w•ith rarag�{►fi 7.
<br /> Aii in�ura��ce p�licics :u�l �s►�w�+ls�h:►tl be a:ceptnble tu l.e�xkr wtid �11 itklud,a startdsrd�`u���e u1��,e�{u��
<br /> siull ha�•e Q�:righ9 t��hc�ld ttu pcdicics c�d rcnew•als.If Le��iee cequirc�.Burcowec xi�ll pr�ny�tly s '
<br /> p�id prcmiumc�u�S ia►kw�i noticrs.iu tt�o�r�u oi loss. E.�rrnu•er shall eive pmm.c+t notiee ta lhe ituur+u�e wrrier:uxl Letrlet.
<br /> (,G�der n�y ntak�:pmof of loss if nw nu►de pranWly by Burrow•er.
<br /> Unlcss l.Gxler anci liarraw•er otherwise agrc�in wriUng,insur�e.e praceecl,shall b�.aPP{iui to restoraifan or repai�of the
<br /> pmpeny daa��ed. if thc rcsto�ation or re{►air is eea�wmically feasible and l.ender's securiry is nat lessenal.IP the restoraiiu��or
<br /> re}+air is not econamically feasibte or Lender's securiry would be lesset►a1,the insurnrue prcxceds shall be appliod to the sums
<br /> serurcd by this Securiry IrLStn►ment. w•hether or not then due. with suiy excess paid to Borrower. It Bnrrow•cr abandnn9 the
<br /> property,or dces nc�t ancwer within 30 days a��otice f'rom lxnder that the insurance carrier has offered to setd�a clain�,then
<br /> Lender n�ay collect the inwranoe procads• l.ender maY use t1u P��s to repair or restore the Propertl' or to pay sums
<br /> secured by this Security Instrument.wtud�er or not then due.The 30-day period will begin when the t�tice is given.
<br /> Unless T,ender anci Borrower oiherwise agtce in writing. anY aPPlication �if proceeds to principal shall noi extuid or
<br /> postpone che due date c+f the rc�onthly paymen:s referred to in par.�raphs i ancl 2 or change thc amounl of the payments. If
<br /> under para�raph 21 the propeny is xquirod b�•Lender. Borrower s rigiit to any insur.uvx policirs and proceeds resulting froro
<br /> dan�ge to the Property prior to tlx acquisition stsall pass to Lenuier co the e�te��°f�e sums secured by thic Security In�trument
<br /> uunaediately prior to the acquisition.
<br /> 6.Occup�ocY.Preswatloa.Maint��x�d Proteetio�n of the Ptv�a'tY4 Borrower's I.oAn ApplicAtfUn:Lc�aselalds.
<br /> Botrower shall oc�`upy, aiablish,and use the Pzvpeny as Borruwer's psi�n:ipal residence within sixry days after the executian af
<br /> this Security Instniment and shall continue to uocupy tha Property�Borrower's principal residence for at least one ywr after
<br /> the ci�of occupancY• unitss Lrender ot�etwise agrees ics wridt�. which consrnt shali twt be unreasonably withheld.or unEess
<br /> txtenuati�g circumctances exist w:tich are beyoad B+.}cro��'s conirol. Borrow•er sGaU not destroy. damage ar imptir the
<br /> pc,operty, allow the Properiy to deteriorate. or commit wsy:e on the ProQon}• �arc+�wer sha11 be in default if�.z}fodeitutr
<br /> accion or proceedint.whether civil or cciwino:.is�gun that in 1 a�der's ic�ai fsith�udgnr,nt ceula �ul�in forfeiture of the
<br /> proputy or otl�e�ase materially impair the liea created tsy this Securlry Iu�nt or Lender's secw�ity inurest.Borrow•er msy
<br /> cure such a defacls and ninctato.as pmvidod in paragra�h 18.by causing the xdon or procoodin8 tu be diunissed with a�uliqg
<br /> that. ia Lettider's good faith detecmination, Prxludes forfeiture of the Borrower s inurest in the Pcoperty or ott�a��ri�i
<br /> impaimunt of t2� ['un crtatod by this Securiry Inurument or t.ender's securiry interest. Borrower shall also be iri dt�iE
<br /> Borrowu,during the loan sppiication process.8ave mauriallY false ar iaaocurace infom�ation or swten�ts to Lendu(or fiila�
<br /> to prnvide L,ender with any material informstion)in oor�nectior►with the loan evic:arcod by the Note. incIe�ding,but not limited
<br /> to,te�rs�tations oonoemin8 Borrower's occup�ncY of the Pr�opertY as a Principal residence.If this Secwiry Incuument is on a
<br /> k,asetwld. Bonnwcr s1v11 oomPly with all the provisioas of tt�e tease. If Borrowa acquires fce utle to the PropertS'• tl�e
<br />- -= i�i�i mu'u;t:Q�:��:J•::w�'.�'^� •°��-,`�""'�"�e,�u►the mc��er ia writiag. . .
<br /> ?.Protectloa ot I.eader's ittthi9 in H�e PrW�rtY•If Borrower faits ta paform tlx cova�nts and 9igreemmts oo�lt�it�d ia
<br /> this Socurity Inst:ument.or Were is a letd procoedin,C ti�at maY significantly affcct L,ender's rights ia che ProQertY(sucb as a
<br /> p�c�di�g iu bankru�tcy� probate,fcu�ndannsdoa or forfe�ture or to enforce laws or regulations), Lend�er's actioaa m�
<br /> P�Y far wHatevtr is neassary W protea the value of the Pn�perty and I,�nder's rights in the PropertY- �a oourt. PsY�
<br /> irnlude paying aay sums socured by � liw which �PQ�t�iu ���nLer�der ma�y tslce� sction undt�'this P�Pb
<br /> reaso��able attorneys' fas and enter�n8 oa tbe Property
<br /> 7.Lcnder does noi have to do so.
<br /> Any 9 �n« disbursed by I.eixkr uader this pu�tgnph 7 st�ll becane additional debt of Barrowa socured by this
<br /> Saurity I�saun�eat. Ualas Borrower�od La�du�ra to other torn�s of paymeAt, these aawunts sltill bcsr incuest fraa the
<br /> date of disbursesneat at the Note rau and shaU b� paryable. with interest. upon notia from l.eada to Borrower znquesting
<br /> wy�.
<br /> S.Mortga�e Ins�vanoe.If La�dtr roquirod awrtgage iawraoce as a cadition of mpldng the lwa socured by thjs Securicy
<br /> r.,�,.,..�,��•� Borrower shall pay itu praniums ro9uired to maintain tbe a�ortgage insuranoe in effea. If, for�ay reaso�. the
<br /> mortgage,insura�rx oova�ge required by I.uder lapses or c�.ases to be in effxt.Botrower shall pay the Praai�ass raNu'°d�°
<br /> abtain eovecage�.•!'�•9^�:'�ty�quivalent to the mottgage uiwraoce prev�ausly�n effoct.at a oost subatartiially oq,c::valau to cLe
<br /> cost tu Borrower of the tnorcgage insurance previously in effect, from.s�a altereu►te mortgage iasurer s�pproved by I.ader. If
<br /> - su�tially a�u.i�lGnt mortgage��*��roverage is not available.Sorrowa�slull pay to i,ender each moath a sum equa!to
<br />— a�ae-twelRh of t�3t yearly cnortg�ge iawra�cr psnmium being paid by Borrower whai t}se insurat�oe coverage lapseei or a�ced w
<br /> �ae ie effect.L�d�er will�capt.use and raain ttsae paymenSS as a loss reserve in lii�tr of mo�tgage insur.uue. Loss tnseree
<br /> 6oa�w 3� 91�0
<br /> /ip�9 d 6 '
<br /> . .�t, � i � � _
<br />
|