|
y c�a� 'h •� . ' . . �S'+yy-�. c� ' �' �.TS....�. .L��.
<br /> ... C.. ..
<br /> �•- _ ... e ._... ..� .._ _ _
<br /> .. �
<br /> . ___ —tT —".____ .
<br /> �..
<br /> - _.=�.-GT'r, . .T:'T . . " _ _._.' - . _— . _ -_
<br /> .`... . l . . . � � -yr �
<br /> . � i� . . ,
<br /> �
<br /> ..� i a
<br /> ♦{ c.. � . . . . `. � ♦ C l
<br />� � - _ . •` c � ' • ' . �- - _ Y C � , - (. � . ' � -r , r r ..
<br /> . �
<br />- ;.
<br /> 4 .. _ _ _ ,.... . .c ._ 4'. .... ^•' ' _". ' " _'. '_ - " ' " . `.'. ", t. . " __. . ,.. ,� _ ��t_ .. .�'::�
<br /> '� , : _ .r_. , . � k , . ` � ` _ r . `t^�" . , �`' .`
<br /> . �.r- . �. , ��
<br /> � . - • .. ' � _ ; . .,<' , . • . . .
<br /> . . . , t .. � ` , ` .� . . �^. . • • `, � � . , _' .. .,� r C. ' . . � a �• .c _ � __ `�. - 4 .
<br /> � . .a -. . . � . � • • . ♦ . t. . .. .
<br /> ..� . -�. .t.. `.` ` •` ` . �' �._ -.` , , k. `� ` ,f . , . • , � ` `� .. � , ._ . `. . � �' . '.�_ . 1 ` • �• • - �• • a, ��
<br /> • ' ; � � ' ` . . � ' <` „ °. ` .__.. _ .. --._ ..._ _�_ . . .�� — < . ''.� :��
<br /> ` " _.ti_.._._..-1---..�_--�---�----�.__. . .__ . . .. _ .__ . �_.�.._ ._�_.�_.____�. ....._ ,
<br /> , . � , �,` . ,� • . ` `
<br /> k .
<br /> `Y
<br /> 5. Ha�ard or Anpe�rtp Iasmance. E�rrower shall keep tfle impmvements now existing or he�eaRer emted on tt�e , . - ,
<br />_ � ,.._ p�P�y�against 2oss bq fue, hazaids included wiWin We term'estended coverage'and any othsr Hazar�ls.iac1ndinS `_,`',
<br /> `��? � floods or tlaoding,for which Lsnda req�ires ins�dnce.This insurdnoe shall be maintained in the amowits and for the periods CD � � -= ;-- � �
<br /> _-� - ' that Lender req�rire�s.The insa�ance canier praviding t h e inswranoe s h a l l be c h a sen b y Borrower s u bj e c t t o L e t i c l e r's a p p m w a l �., - ` �
<br /> F�`' � . , whic�s6all not be o�easonably withheld. if Borrower fa�s w ma;nra;n�verage descn'bed abwe, Lxuder may,at Lend+er's °
<br /> :�,, �.. • � oP�an,obrain coverage w protect Lender's righrs in the Prnperty ia accordance with pazagraph�. � �::` `� ' .
<br />,•;.:,. � . - All insurance po3icies and renewaLs shari be acceptable to Lender and sball inctude a standard mortgage clanse. Txnder A _: .
<br /> - ' � . . . sl�all have the righi to hn2d the policies and renewals.if L.ender req�ues,Bomower sl�all P�P�Y�e W L�encler aII�eceipts of�g ..
<br /> ;f` . • ' ; paid premimns and zenewal nodces In the event of loss,Boaower sdall give pmmpt nntice to the iasorence camer and L�ender.� . ' � . ;
<br /> ,:.
<br /> • Lend..°i may make pmof of�if nnt made P�A�Y bY Burrower. � �' �.r�,s'f:
<br /> Unless Lender an�BaIIawer othe:arise agcee in wriring.insnrancx Ploc�ds shall be applied to�asinn or�paa a�ttie� :`:t "r��..t:
<br />�'> . Pm ed,if the iesWretion or�epair is econom�icalty feasi'62e and Leader's secarity is not lessened.If the restorarion or �`�`'�.��°
<br /> .c;:" . . . ,. P�iY d��ma$ ,, :-.,`�:-
<br />,ryF,. • - repair is not eoonamicaIIy feaslble or Ixnder's secaritq wauld be tes�ened,the insuiance pmceeds shaU be applied w the sums ,:r,.'
<br />_'" ,.: .: secnced by t�is Seamty 1mst�ent, vvh�er or not then due.with any excess paid w Boaower. If Bortower abandons the , ��,�-
<br /> :�,[. . , .. �
<br /> ,; pmperty,or does not aaswer witbia 30 days a notice from Lender tbat the iasvrance carr�er has offeied to setde a claim,then . .-,
<br /> . . - . - I.ender maq co�tect the insivanc:e proceeds. Lender may use the pmceeds w repair or reswre tfle Pmpertq or w pay sums �• : `�- •_
<br />'" . secaied b tt�is S Inst�nens.whether or not then dne.The 3Q-day period w�l begiu when the aotice is given. ." �. —
<br /> �'�' Y ec°°r9 - -
<br />`��;: �,:: , Unlesg Lender and Boaower othetwise agcee in writing, anY aPP�Ication of proceeds to principal sLall aot extead or
<br /> -. postpone the dne date of the monthly payments referred ro iu para}�aphs 1 and 2 or ct�aange the amount of the payments.[f under �-.`` �•. .•;':�
<br /> �` pawgraph 21 the Praperty is acquired by lxnder, Borrowet's right to any insurance policies and pmceeds resulang fmra �;�,�
<br /> ``s� , damage to the ProPertp Prior to We acquisition shall pass to Lender to the extent of the sums sec.tired by this Secwiry[nsuuraent '�° `.:�- .;_,.
<br /> f� '
<br /> -.- _ immediatcly prior w the acquisitioa •. ��.-�_
<br /> ,:.: . .
<br /> • 6.Oecupancy.Preservation,Malntenance and P►�tedton of the Prop�ty:Borrower's Loan AppW�ttod�l.easehoId9. , ;,"-'; --
<br /> •. .. Borrower sbaU occnpy.establish,aad use the Property as Borrower's principal residence arithin sixry days after the�ecution of _-
<br /> '..<. � tbis Sec.vrity Instzument aasl sLail continue to occaipy the Propertyr as Borrawer's princIpal ressdence tas at least one year after • =_
<br /> . the date of occupancy,untesc 1-ender otheiwise agcees in writing.ahich caaseat s6aU nnt 6e„n*�-�+nably withtteld,or nWess � . "_
<br /> ..,`. - exteuuatiag cin�stances exist ah�ch are beyond Botrower's control. Bomow�er shall not destroy. damage or impair the `� ,. , ;:_ --
<br /> �..y � • . Propezty,allow the Property to deteriorate, or commit waste on rhe Propecty. Borrower sbaU be in defaalt if aay furfeitate � •�,�t:
<br /> ;. acdon or pmceediug,whether civil os criminal,is begun that in Ixnder's good faith�dgment conld result in forfeitare of the ' '•�" ��'
<br /> .,�-
<br /> `:_'�, . - � Property or otheiwlse materially impair the lien created by d�is Security InsWment or Lender's securiry inte�est.Bomnwer may . `;*�~-.
<br /> • .: � cace sach a defanit and reinstate,as prov�ded in puagraph 18,by causIng the ac�oa or proceeding to be di�issed with a niling . _ .,''�.-:�:
<br /> '';.. � . tbat. ia Leader's good faith detem�inadon. Piectades forfeiuue of the Bonawer's intecest in the Propeny ar other materiel � .: � �: -=
<br /> . i impairmeni of the lien cceated by this Secarity Insuument or Leader's security intesest. Boaower sLall also be in default if =
<br /> , .� Borrower.d�uiag the loan applicadon process.gave materiaUy false or inaccarate infoiasadon or statemer�s to Lender(or failed � +'`
<br /> . W provide L�ender with any material info�aarion)in connecdon with the loan evidenced by the Note.inctnding,bnt uot 1 l m i t e d , �, :.�
<br /> ri
<br /> � to,representations wnceming Boaower's occupancy of the Property as a principal residence.If tbis Secaiity Insuome�t is on a ; : '::�_.
<br /> �' i � ieasehold. Borrower shal! comply with aU the provLsions of the lease. If Borrower acqnires fee tide W the Property, the . _
<br /> -, ; , leasehold and t�e f�ede shall not merge nnless g.ender agtees w the merger in writing. � :•_
<br />.;�:..: `:.
<br /> 7.Peatectton ag Lcuder's Ytights ln We P¢�rty.If Borrower fails to perform ehe caveaauts aad�eementg conraiaed ia _. �
<br /> � . tbis Security Insuumeat.os there ts a legal proceeding that may significandy affect Lender's rights in the PmPertY(sncb as$ �. < ' -_
<br /> " ' ,. � , pmceeding in banlauptcy, pmbate,for condemnation or forfeiture or w enfosce laars or regulaHans).then Lender may do and .• : _-
<br /> = , � .� pay for wbatever is necessary to protect the valne of the Propeny aad Lender's rights in the Property. Lender's actions mey ,
<br /> _� .. inciude paying any sams sec�ued by a lien u�ch has prioriry over this Security Insuument, aPPearing ia court. paying . .. .
<br />• �. - - reasonable atromeys'fees and entering on the Property to make repairs.Although Leader may tatce aaron under this paragaph : � � •
<br /> �• �.Lender daes not have to do so.
<br /> • . . � . -� Any amounts disbuzsed by Leader uwier this paragraph 7 shall become additional debt of Borrower secar.°.d by this .
<br /> ' ;.; Secarity Instmment. Unle�s Bonower and Lender agree to other teims of payment.these amounts shali bear interest from the � . ,
<br /> . � date of disbursemeat at the Note rate and sl�all be payable, with Interest, upon nodce from Lender to Borrower reguesdag � . ,- _
<br /> ,�:-_; :� pa�� ,
<br /> � 8.Mortgage InSUraace.If Lender required mortgage inse.*ansp as a condidon of ma�dng the loan sectued by this Securlty ,..
<br />. ; InStmment. Borrower sLall pay the premiums required to maintain the mortgage lanuance in effect. lf, for aay reason. the
<br /> � '. . ; mortgage insnrance coverage required by Leader lapses or ceases to be in effect.Borrower shall pay the premiums required to . :
<br /> • • . • .{ o6tain coverage snbstaniially equivalent to the mortsage insvrance previously in effect.at a cost substandalty equivalent to the .
<br /> ' � wst to Bonower of the ffiongage insnrance prevlously in effect, from an altemate mortgage insurer approved by Lender. If . •
<br /> • ` substantially equiva�ent mortgage insurance wvetage is not available,Borrower shall pay to L.ender each month a svm ey u a l to •
<br /> � one-twelfth of the yeariy mortgage insurance premium being pud by Bnnower when the insurance coverage lapsed or ceased to .
<br /> 6e in effect.Lender will accept. use and retain these payments as a loss reserve in lieu of mortgage insurence. Loss reserve
<br /> �. • � Fotm 3028 9
<br /> ' . + ��BRINE)�est2�.o� vye3o►e wuaa•
<br /> . , I
<br /> � ,� , , ,
<br /> .. . �. : . . . • .
<br /> .
<br /> :..__�. .. . .
<br /> . .
<br /> { . :.. . . __ . ..
<br /> �.. .' • • . . . � ..�—r-•�,.�--..:..-J—=-`a----__
<br /> ; �� .
<br />�--T: . . � n. -- - .. . . .� 4'. . . .v:_.. -.. . '-.��.�� -. ." . . . \'_�' _. .• � ..._..:.._ ..�. .."'_. _. _��_. _. .._.�r. _ .._�:�L..�.t._ .` __.�'_�.._�
<br /> .._ . ' . .. . . . ._ ��f �� •`L.
<br />
|