|
� . - :i. _ .. - - ' - . _' ---. -"' -"-- - ' � -. � - . . - - - -- - - c- - _. _,... . � . .. - �- .
<br /> � -, .- `- --_'- - -.— � - � - � . , . . . .. - �-- --' - _ �' . .. - . } . . - � - [ �'-- .�-i�: fy . ' �c �_ -.
<br /> 'Z . . ..� , - .s . , . . . � . ' . \ • ` . .� . ( ` . .. . _ �. . . . . .. . ' �._-
<br /> _ , . .. . ` .. � . ' ' . � ` . " ' '` � , .. � � - , . .....__.. ` ' . ' .` . , ��;'�
<br /> ' _ ' . _ � _. ,. _ .. , .._ ... . .. � ' . ._,. .. � . . � , . . , "_ , . . . . _ p�- .
<br /> _, � .... .c . � . . .. '_'_ " � i. � .• w.
<br /> i . . - .. .�`.
<br />{ i . � � ' . , '_,
<br />; . � 9� �,U`���°�.e?. �. < . ..
<br />� � . . _-
<br /> iC " .,.'
<br />� If the amonnis held by Lender for Escrow Items exceed die amounrs Pernuaed t°be held by RfiSPA, Lender i _ __ __,_ "__._.___ _ _`
<br /> i sha1J acco�nt to Botrower for t h e excess f u n t L s a s r�d b Y R E S P A. I f t h e a m o u n t s af funds held b y Lender at any i ' .
<br />•� time are not svfficient to pay the Escrow Items when dne.L.ender may not►fY the Barrower and require Borrawer to I `
<br /> t
<br /> i
<br />� make up ttte shortage as pemritted by RESPA. I�.s�ument If , ' ' ' , -.
<br /> The Escrow Funds are pledged as additional security for all sums secured by this Securiry
<br /> ! Borrower tenders to Lender the full payment of all such s�ms.Borrower's account shall be credited arith the 6alance , ` • _ _
<br /> s �nd(�)and any mortgage insuiance premium installment diat Lender bas .. '
<br />, remaimng for all installment items(a).(b). � ,:`'� y ''`�;_
<br /> nnt become obligated to pap w the Secretary, and I.ender shall promptly refund any excess f�nds to Borrower. : •, . ''��,
<br /> � imme�l±s�ly prior W a foreclosare sale of the Property or its aWuisition by Lender, Borrower's acconnt sha11 be �,:�..,i.�--�
<br /> credited with any balance remaininS for all installmenrs for ite�s(a).(b),and(c). ��'"" .
<br /> 3.Application of Paym�ats.All payments nnder paragrnphs 1 aa�i Z shall he applied by Lender as follows: �,:�_`=..°'-:-��-
<br /> �rst.to the mortgage insatance Premium to be paid by Lendei co the Secretary or to the nonthly charge by ti�e , �''�`•_�,�
<br /> Sectetary instead of the monthlp mortgage��,ra„�premiam: , �' j :_°.'s
<br /> ', Y: .� _
<br /> S n w any taxes.sPec►a1 ass�sments.leasehold payments ar gmund rents,and fire.flood and other�zard T
<br />.� _ ��-. . -- ���-.��`�'.J---
<br /> insurance piemiums.as ceqoired; �
<br /> �co interest due nnder the Note: ,t� �'�,,,—
<br /> Fo ,ta amortiradon of the principal of the Note;and . . ,• �--•__� -
<br /> � 1—'_- -
<br /> � to late charges dne under the Note.
<br /> 4.F9re,FYood and Oiher Hazard Insarance.Borrower sha11 insure all imPTOVements on the Property,whether F�:
<br /> � es,inctndin fire.fi�r which ,�.' --
<br /> now in existsnce or subseqnently erected.aSainst anY hazards,ca.tivalties,and contingenci S , _ t ,
<br /> Lender requires insnrance. This insncance shall be maintained in the he��w fin eustencne odr sabsequentlY �.. +���c-��;`:,.; _...
<br /> requires. Borrower shall also insore all imProvements on tl�ee I'm�zty. ,.. - .r� ;:;
<br /> �rected.a8auut loss by floods to the extent reqnired by the Secmrdry. All insarance shall be caaied with companies _ �,;�� ,•
<br /> apPraved by L e n der.T he i n s u r a n c e p o l i c i e s a n d a.n y re n e w�i s s�b e h e l d b y L.ender and s1�a11 include loss payable �. - ;
<br /> Lentler. �;°.:�:.
<br /> clausQS in favor of,a n d in a form acceptable to, roof of lass if not �•:,,�"�'.` , �t _
<br /> I n t he ew-e n t o f l o s s.B o r r o w e r s h a ll g i v e L.e n d e r i m m e d i ate n�tice b y mail.I.ender may make P �•��. :; —.
<br /> made pmmpdy by Bonower. fiach insurance comPanY wncerned is hereby anthorized and directed to make paqment ; '' t.; ...;
<br /> for sach loss direcxlq to Lender, instead of to Borrower and co Lender jointiy. AU or any part of the inc�*ance `�, '°' , e: ...
<br /> praceeds may be applied bq Lender,at its option,either(a)to che redaction of the insiebtedness nnder the Not�and ;.�� :� __--
<br /> this Secariry Insteament,first to any delinqueni amonnts applled in the order in paragraph 3.and then to pr�gaymenc .'f,;, ��, .:
<br /> of principal. or (b) to the rescazation or repair of the damaged PropertY•
<br /> Any application of the proceeds W the •. �`�
<br /> princ;pal shall not extend or postpone the due date of the monthly payments which are referred to in paragraph 2, or .-: ,�—
<br /> roceeds over an amwnc recluired to Pay a11 ontstandin8 �:;:.... -*'-w'.'
<br /> change the ammint of snch payments. Any excess insarance P �. _ _:� j:
<br /> indebtedness under the Note and this Secnrity Insmiment shall be paid w the entity legally en6tled thereto. •':�_�` .
<br /> In the event of foreclosure of this Security Insarument or other uansfer of tide to the Property that c�gnishes . ",�,.F-
<br /> a ° _ _.. ,...
<br /> the indebt�s. a11 righ� tifle and interest of Borrower in and to in�uence policies in force sUall gass to the •��.�,,=
<br /> ' pUIC�13S2i. -`'���. �aq�ww�r,F`.r-:..
<br /> ,Borrower's Loan Application; ��-_,___-.---
<br /> g, pccupancg,Pr�servatton,Mainte�nance and 1'rot�ion oP the PropertY•
<br /> nan
<br /> Leasehotds. Bonower shall occupy, establish,and use ehe Property as Boaower's principal residenre a+as�in siat�+ _�°�=°t ,-..=_ °-
<br /> days after the eaecndon of this Seauity Iastzument(or within sixtY daYs of a later sale or 4ransfer of the Property) ���r�'"°'�"--
<br /> ; � ,.
<br /> a�d shall contim�e to occupy the Property as Borrower's principal residence for at least one year after the date of �Y,����'�'-: ____
<br /> occnpancY,unless Le�der determines that requirement will cause undue Uardship for Borrowe�,or unless e�ctenuating . ..�=�r,� �_�
<br /> circumstances exist which are beyond Borrower's conuol. Borrower shall notifY Len�..°I of �y or allow the `'��'-�
<br /> circumstances.Borrower shall not commit waste ar destroy,damage or substantially chwse the PropertY �,� . �_ •. " .�� �
<br /> property to detetiorate,reasonable weac and teaz excepted.Lender may inspect tt►e Property if tbe Praperty is vacant •• _
<br /> '��". �.-�.'. —
<br /> or ab2ndoaed or the loan is in default. Lender may take reasonable action to protect and preserve such vasant or � � �?�._. .,�!,��_�. '
<br /> • •;�-�-.,;�:�xr .
<br /> -,�...,-... . ,. _ .�...
<br /> '+`�..,..., �-e-:
<br /> ' '� L •"...-
<br /> - � 'i<ar.' .
<br /> , ��.4RINEl�soon V�ge3o18 wuais:�l�
<br /> ' �
<br /> ._. _._.._____.-- -. ----- - ---- • • . -" • . � '"�'`�"� . �
<br /> , . . , „ , , �
<br /> • . , ' . . ' ' . .. ' ' ' . , • . _ a,:�-
<br /> , . . , . . ' .. , ' � . �
<br /> � ' • . . . � . ' • • �
<br /> ' . . . . . � , . , ' _���'
<br /> � ~_.. ' .. � . .---�---�•._.'_. �. ,. � .._. �.. 1
<br /> -.� ^'-�— --V��T--- --------- -- -°.t=_ - -._-..�-.�; - -.—`;+.�.-�`-- ---- �—.--.—_' -' — --- — . _.-:-
<br /> - . �. � .. .�..�_'- . . • . . . , . .. . ���' � ' - . . -.
<br /> .... . . . . - . , --- , . � . . - - � � •� .� _ � . .l , . , . .. � . . . _ . i . . . . ... •�` : , . . .. ' . . „ ..
<br />
|