|
tr-- — —'` c —_—' — �-' -_ - -� . . - --— - J-' -- - , � � � - ----_ — �_f.,�
<br /> � :' . " ,. . . . . ; _ ,. . • . ' ,. '�y .�,�_�`-.�_ .
<br /> � - � - . . , .. . � . � ' '' . . _ .. ' � � ... ., : �... �<�� - _.
<br /> . . . . .
<br /> --- - --�.�._ �.— ' �
<br /> ..
<br /> . w..�.. . . _ . . . -• '--"-' .'' -'-�� - ..� .� -- - - -- - ' - --_-'-- ------ -- - �
<br /> . . .--•r--c------• -.--.._...__.._' -- ' - - - .. . _
<br /> � � ..`�_.....�...__._.�_
<br /> ���
<br /> .
<br /> . . - .:..:.:.__..».:�_r�-: ._-. ..':,ti:� :r- -
<br /> . F . _ -
<br /> � � V 1� �V���� ' ' �. , ' u � •
<br /> 5. �1;s�.uPd or Pruperi� la+prance. BurtuNrr ,hall A�tip thc impru�ement, nu« rri>un� ur hrr�ftrs crcct�d un 1h� �• ,.�
<br /> �{ Prup�n� �n,urctil .�g:�in.t t�,,•h} ti�r. haiarJ, �ncludrd H uhin the trrni °rxtendc�i ��u�erazr" and am ather h:s�sref�. mduding - � ��=_
<br /> ' 1 flc+aJ+ur IlouJmg. ti�r whirh l,rndrr rryu�re��muranrr. Thi+ �nwranre�hall hr mamta�nrJ in th� amuunt,sud fas the peri�xi+ " �
<br /> . [ha� l.cnd�r rcyurcr.. Thr in.uranrc rarrtrr pru�iJmg thr m�ur,►ar�+h:ill hr iho.rn h� &�rrouer.uhjrrt t.� Lrnder'+sppru�:il • ... j`
<br /> ;,� ��hirh .hall nut be unrra,unabi� wuhhrid. il Burr�,�►rr fad, tu nwmta�n ru�eragr de�rrihcJ abuve. L.ender m:��. at L�nJrr', , � ,. , -�
<br /> ,� upUun.uhta�n�u<<ra,�c tu prutr�t Lendr�',nghl+m th�Pruprrt� m arrurd.ince w��th paragraph 7. . , . ' . . .�
<br /> --� All m.uranrr Fx�lirir. snd rene��al, ,haii hc:trrrptable [c� IAndrr and ,h:ill mrlude a ,l:indard mortgage clau>e. Letnder ,,
<br /> =:i ,hall har�c the right tu huld thr pulir�e�and rcnc«al,. if Lendcr n�ywr��.Burruwer shall pmmptly gite t�Ler�r a!!receipts of -.-_-— --�_ _ . •..._ :
<br /> � paid prcmium.and ren�wal n��uce.. !n the e�•rnt of lu,.. Barruwrr+hall gi�e pmmpt notice to the insurance carrier and I.�nder. ;� . . ' '�
<br /> � L.rnJe�may malce prM�l uf l�7„�t not madc pmmpdy by Bnrr+�wer. � s���- -�.'��:� "'�
<br /> � Unle..ti Lendcr and Hurru«er othenvi+e agrer in wnting,in�urance proceeds shall be applied to restontion or repair of the - -•- - . =rt-._
<br /> � pn3perty dsfnaged. if the restor.�tion or repair i,cxunom�cally fra.,ible and Lender's security is not tessened.If the restoration or _ ` _� �-�--"�:,�_.
<br /> � repair is not cccnomir,►lly fea.ible or [.ender'.�ecurit} wuuld be Ie+�en�i. the insurance pmceEds sha11 be applied to the sums • , �'�py; •-
<br />'.'`� scrured b y thi� Scxurity Instrument, whether or nnt then due. with any excess paid to Borrower_ If Borrower abandans the ;.
<br /> _�:J�'•V..�i.1L.Gt�4 �
<br /> a Property.or doeti not answ•er within 30 days a nntice fmm Lender that the insurance carrier has offered to settle a claim.then - _ _ �__
<br /> . :� Lxnder may rnllect the insurance pntcced+. Lender may use the pmceeds to repair or restore the Praperty or to pay +ums ;"' = ,`,. T,,._T--'
<br /> �4 secured by this Security laxtrument,whether or noc tt�^.n due.The 30-ciay period will begin when the notice is given. . , ��.�.��-�:
<br /> ��
<br /> Unless Lender and Barrower otherwi�e a�e in writing, any apptiption of proceeds to principa! shall not extend or •�•�::�-��' -'"'
<br /> i , ��--
<br /> ,� pustpone the dae date of the manthly paymenu referred eo in paragraphs I and 2 or change the amount of the paymenu. If -..�µ,T
<br /> `� under paragraph 21 [he Property is aryuired by I.ender, Borrower's right to any insurance policies and proceeds resulting from ��}�
<br /> damage to the Property prior to the acquisition shall pass to[xnder to the extent af the sums secured by this Security Instrument �.` � —
<br /> :.� immediately pnor to the acquisition. --f`-�-.•"��,���
<br /> � S b.O c c u p a n c y. P r�s e r v a t i o n.S f a i n t e n a n ce a n d P ro t e c tion of the Pro p e r t y;Horrower's Loan Application: Ixaseholds. -=;-�-r : -.' ' .. _�
<br /> t •-.:.:�......_.�::_
<br /> Bonower shal!occupy.establish.and use the Property as Borrower's principal residence within sixty days after the eaecudan of , __:�;;��
<br /> ,..� this Security Instrument and shall conunue to occopy the Properry as Borrower's principal residence for at least one year after � �;���� _ -
<br /> "'•�'�"'-
<br /> the date of occupancy. unless I.ender otherwise agrees in writing,which consent shall not be unreasonably withheld.or untess ..:�
<br /> 't;. extenuating circumstances exist which are beyond Horrower's control. Borrower shall not desuoy, damage or impair the �"� '- =-' • •
<br /> .�' �. ; ;.
<br /> ',� Property, allow the Prope�ty to deteriorate, or commit waste on the Property. Borrower shall be in default if any forfeiture ,,.
<br /> action or proceeding,whether civil or criminal.is begun that in Lender's good faith judgment could result in forfeiture of the ��;,.; •' ''�i
<br /> � Property or otherwise materially impair the lien created by this Security Instrument or L.ender's security interest.Borrower may . �;�:.�. ___
<br /> cure such a default and reinstate.as provided in paragraph IS,by causing the action or proceeding to be dismissed with a ruling �;�--u'�' �
<br />� that. in Lender's gaod faith determination, precludes forfeiture of the Borrower's interest in the Property or other material _ "' ���' —
<br /> impairment of the lien created 6y this Security Instrument or Lender's security interest. Borrower shall also be in default if °'��.':'„t
<br /> � Barrower,during the loan application process,gave materially false or inaccurate information or statemenu to Lender(or failed _:� ��',
<br /> P y Y g• '�:,�• �• .,.,,;: rl.� . .:--
<br /> to rovide Lender with an material information)in connection with the loan evidenced b the Note, includin but not limited ::ai� ;�
<br /> �� to,aepresentations concerning Borrower's occupancy of the Property as a principa!residence. If this Security Instniment is on a � ` "�"��'��': -
<br /> leasehold, Borrower shall comply with all the provisions of the lease. if Borrower acquires f� tide to the Property, the � '1""'�"`�s�� _ �v:
<br /> .�:�=l•.: :-�s•,
<br /> leasehold and the fee tide shall not merge unless Lender agrees to the merger in writing. � _
<br /> „f 7.Peotection of Lender's Rlgt�ts in the ProQserty.If Borrower fails to perform the covenanu and agreements contained in 2 ��_.
<br /> this Security Instrument, or there is a legal proceeding that may significantly affect Lender s rights in the Proprty(such as a :'. 1�•�_::-
<br /> praceeding in bankruptcy,probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and -----
<br />
|