|
- �:r ��.,.�.._�':- - - `��.� 4 _
<br /> � . . .
<br /> � _ . . . . — - - - - °
<br />_ —�—r^---- - <�— - —- ---- - _._.,- —�-- — — -t - - - ------ -- - -� �--- ..._-°- -
<br /> , _ ^� ' .. . . .. - . - ` - . • .t.'� ' - '
<br />._ - ` ' . 'h . .._. � ._ . . . .. � �c _ ' L ... . . ' . .. .. . �i - ` _.
<br /> � .
<br /> _ . . - � ..
<br />�. ._ ,_.. •. . :.. � : '- . . . ._. ., . . . . _ . . . . .. _ ... . ' ` ' '
<br />. . � . . ... _ . . . . . , .. . '� -.
<br /> . . . ' ' ' . . ' , `� . ' . ' - , . .. - + . � .. . , . . • ' . ` . k• `' ,_ . ..
<br /> � . . . .. . - l. . �� i , ` � . . . , . , .
<br />. . . ' • ` . . . . . - �� � . . � � - . . ..'s. . ..
<br /> . - - . �. . , , `t . . . - � . . . c
<br /> . . _ . ' . ` . - - ' �. . . . . _ � ` - r � � � ' � . . � '.. � .
<br /> _ ` .: . _ , x- ---— � • . . . .... --�-- -- .--�- ...._�— -- .__ . � . .__.._._ .. �. _._ ___. __?_>.�..�._�..�_ r • (`n c
<br /> _ � �. g����i���s � ? �'� . �_`
<br /> . t . .
<br /> `' ' � " � 5.Harard or Propeity IasuranoG Boaower shaII keep the improvements now existing or hereafter erected on the Pmperty ' �
<br /> �i. .. Ha ar sha _
<br /> � '��,; in�tted apinsK ioss by fae.ha�ards nnciuded w�hin the t�rm "aRended coverage"and any other ha�rds.including floals or .
<br /> ar'h
<br /> f�ooding,for which Lend�reclu�s ins�uaace This�uaace shall be mainm�ed in the amounts and for the periad4 thFU LaWer '� `
<br /> . �:� � requites.'Ihe insu:ance c�rier P n o v i d i n8 the ms�uance shali bs chosea by Borrower subject to Ir.nde�s a�pmval w6icd s6all noi �
<br /> u an
<br /> � - 6e unmasonably wit6held. If Boimwer faiLs to maiatain wverage descnl�ed above,Leuder may,at Lender's option. obtain , •
<br /> . -. .. cov�rage to grotect I.ender's rights ia the Pmptaty in accord�ce wut►Pa�agraPh 7. -_
<br /> -- ° -- - AIt insarance poliaes and reaevvats shali be axeFtabie w Lender and slra!!include a staadazd mortgage ctause.Lender sha11 — -..---.`s`-:_
<br /> �;_�a� � . � � have the right to hold the policies and reuewals.If Lender reclnires.Ba�rowea shaIl pmmpfly give ro Leuder all reoeipts af paid ,r• ,
<br /> . . � , pm,nninnos and reaewal novces.Ia the event of loss.Boirowea sLall give prompt aotice m the msoiance carriea aasl Leader.I.endea
<br /> ��•` � may make pmof of loss if aot made DromPdY bY Bormwer � •
<br />:�2': . : Unless Leatder and Bosrower btheawise agree m wrinin8,a�a��Pro�shail be appfied w resmratinn or repair of the -.- `` .
<br /> ';' '� ProPaty da�maSed,if the reswiatiun or repair is economic�lty feas�b2e and Leader's secarity is not Icsseaed if the reswiavon or ' ,��.,
<br /> sj;� re.p�is not eoonomicaily feavble or Lender's seauiry wonld be tesscmed.the in.s�u�ce pmceeds sha11 be applied to the sums . ', .• :� .
<br /> ?`� '� sec�ued by this Security Insoivment wheiher or not then due,arith any exc�ss paid w Boaower.If Bomawer abandons the ..'•.t,.. :
<br /> ���'. . proPeKy+.or does not answer widun 30 days a uotice fr+om L.endea t6at the insmance carriea hav offesed to settte a ctaun,�hen .�� , .. � -
<br /> fr+
<br /> Lenaer may couect ene m�rance vmceeds-1.enaer may orsee the groceeas w repau or re,gtare tt�e Propeaty or w pay sums seanred . � .: ?.,':-�'_
<br /> a
<br /> 5�,' � wiIl wl�ea the uorice is givea. . �.
<br /> ��. , by tbis Seraaity instroment,whediei or not then dne.Tbe 30-day periad � �not extcud or ne ,
<br /> •�; Unless Lettder and Bortowea otharwise ag�ee m�8�gAI and 2�chan8e the amount�of the paYments.If under paiag�aph _
<br /> '�r " `. the due date of the montblY Paymeaus redeaed tfl ia paragraphs �g from damage ro We � �.v
<br /> =�� . < � `� 21 the PropeJty is acqaimd by Lender,Boimwer's right w any ins�ance policies and proceeds . ;',. �
<br />��+. ' '. • �P�Y Pnor L�the acquisition shail pass to Lende�tn the eatmt of the s�ns secaned by this Security Tns�unent inunediatelY •<.� _ -
<br /> ,E -�: prior to ihe SCqUisition. � , � 's�
<br /> :'�=: . : '� 6.Oocapancy,Pceservatton,Maintenance and Protect€on of the ProperaY► Borrawer's Loan Appticat�on.Le�sehotds. � ,_
<br /> •`'' • . , Boaowea shall accapy,establish,and use the Pmpeny as Borrower's pr�ci�al residence within sixtY daYs aftca th$execution of .�.�.�''��.i.._
<br /> ,; h , :, ..,
<br /> "" �,► this Security Instn�ment and st�all continue to occupry the Property as Bonower's principal residence for az least one year aftcr the � :;.�:;_
<br />:�:;_._ � � wiuch consent st�all not be unreasonabty withheld,or unles� _. "_ .�
<br /> , daze of oaaipancy, uniess Lendar oth�wise agrees ' w�n8, :
<br /> agre s
<br /> ' p�n�ng c¢�mstances exist which are beyond Bonower's conuoL Borrower shall not desdroy,dama8e�unpair the Roperty, :,_`.-
<br /> `„'', . ` :; allow the Prope�ty w detcaiorate,or commit waste oa the Propearty. Bmmwer shall be m defautt if any forfeiwre ac�on or . .---
<br /> .� ' •`` ��=.
<br /> ' �-_—
<br /> . pmeeeding,whether civil ar ccimmal.is i�e8un that in Lender's gomd faitL judgme,�t conld resutt u►forfeim�of the Aupe�ar . , ;�i:_.�,:..
<br /> " ' othclwise materiaIIy impair the liea created by this Se�ritY Ins�'�'t or I.ender's seaaity intecest.Basrowea may c�e s�a .5"�...`� :,,,-� s=
<br /> . default and neinstate.a4 provided in patagraph 18.by causing the aaron or pror�eding w be dismissed with a mling t�aa, in _ :. ' '
<br /> � lndes fodeiaue of the Horrower's interest m the Propeaty or ot9�er mate�+a3 anpaament of � �'��-
<br /> � Leadec's good faith deteammation.prec , _
<br /> � the lien c�eated by this Secauiry lnstrmn�t or I.ender's seauity►intec�s�.Boirower shaU also be in defaWt if Buaaw�,ducing the _--
<br /> - • � loan app&cation pmces.�,8ave materially false or inacauate infomiatioA or statem�is w Lender(or failed to provide Lend�with '"1.�.•
<br /> � ,' � . . �ny mat�ial �formaiion) in connettian with the loan cvidenced by �he Note. inctodu►g, but not lunited to, represenmtions . _;-
<br /> :.`�.� ' � c oncemin g Bomnwcd's accupaacy of the Propeaty as a prmcipal residence.If thiv Security Instrument is on a leasehold.Borrower • • �;-
<br /> � ahall compiy aith all the provisions of the lease.If Borrower acquires fee 6tle to the Propeny,t he Ieas e ho l d an d t he fee t i t l e s h a l l ..�?�:`
<br />. , � aot merge anl�s Leaider ageos to the meager in writing. • • ..�.-
<br /> . 7.ProtectIon oY Lender's Rtghts in We Property. If Bormwer fails to peiform the covenants and agreements cantained� �.
<br /> _- --- •----- this Security E�strament,oi the,re is a legal praceeclin8 ihat may signi6cantly affect I.ender's rights in the PcoPenY (such as a : . •� `•,
<br /> ��Try, . , proceeding In banIauptcy,Probate.for oondemnadon or forfeiwre or w enforce laws or regulations),then L.ea�der may do and paY , . =
<br /> �-' " ' � for wbatever is necessary tn prote�t the value of the Propeaty and l.ender's rights in the Prope�ty.I.ender's acdoa4 may inelude . , -
<br /> PaYn►g anY sams secured by a Uen which has priority ove.r this Security Incuument,aPP�B u� cour� C..�aS+ing reasonab2e ..
<br /> � attumeys' fees and entering on the Property to make reQairs.Although Lender may take actioa w►da this�^.�ragraph 7,Lettda ,
<br /> .����::, . � � daes not have w do so. .
<br /> . � Any amounis disbmscd by Lea►der under this paragraph 7 shall became addi�onal debi of Barmwer secured by this Security .
<br /> ', ''�: ' Instrament Unless Botrower and l.ender agree to other terms of payment, these amounts sha11 be�r int�rest from the date of : , .
<br /> disbiusement at the Note rate and sha116e payable.with interest.i►Pon notice from Lender to Borrower requestinS i�YR►��
<br /> . � � 8.Mass.gage Iasnrance. If Lender reyuised mortgage insurance as a condidon of maku�g ihe loan secured by this Security •
<br /> Instrumes�. Botrower shail pay the �raminms required to maintaia the mortgage insurance in effect. If, for any reasa�, the • .
<br /> .:_ :,} , mortgage�sutance coveaage required 6y I.ender lapses or ceases oo be in effect,Borrowea shall pay the premiums re�aued tn ;.
<br /> obtain cov�age substantiaaUy equivatent to the mortgage insuiance previousiy in effect,at a wse su6stantially equivatem to the �: '
<br /> :�•��� cast to Borrower of the mortgage insnrance previously in effect,from an altemate mortgage insuma appraYed by Lender. If . ,,,.
<br /> . . � substantially equiva�ent mongage insurance coverage is not available.Bonawer shall pay to Lender each aaonth a sum equal to __ .
<br /> one�tarelfth of the yearly mortgage irssarance premium being paid by Borrower when the insurance coveragc lapsed or ceased co . .. •
<br /> �; ��: be in effect Lender will accept,nse and retain these payments as a loss rescrve in licu of mortgage insurance.Loss resenrc ,
<br /> �
<br /> � Form SOII�y$L�/�0 � •
<br /> • �-8R(NE)t82t21.01 Pape3of8 INtlala:��l(y�. . . .
<br /> ��
<br /> ...._
<br /> . .. �
<br /> . �.. � � .- '_.
<br /> ...- .. .. . . .— ^ .
<br />. . �.. . _.—_. .. .,. . .. _.__. __.. . . .,. . .
<br /> �. , . . . ' � . . � . . � .
<br /> , . _
<br /> .-a. ._ . . _ . . -. - " . . .. .. ... ... ..' - '-` - - - -- --- -�.� _,.--- .�. _._. �--- -v s , - � -- `- ------ ----.s. _ � �� - —� 1 _��,.
<br />
|