|
:�'...�',jji'^� ;t;x:.. '"' � ' . -- •--
<br /> ,. .� � „ , .� . . ., . ...�.-
<br /> ���` -
<br /> ,,� , _.....�a���'��.� .. a .. , . .. . � ��+�-�A..
<br /> . :.. � . . ��w.....a...y..ei.:-,�'
<br /> r:. .. . ,, � i..� � . � : - ,f " ' � , • _...- _.
<br /> .. .d.� . . .. _. ._ . . n ... , .. „ }�`.r' '1- .
<br /> . .. . ... .. . . .. � . ' - . . .'w".ip..'�1,.•'. ' __
<br /> . /'17 .'1{�'� . . . ;,�li . r._.. . "_"'_ __' _. ..� �) .. !� �' ... •):�'.k'�'.�tin(�YL-^_:"—_.
<br /> ni€ _ 'S rn
<br /> . � �� . _ �. ., � . , - ��. ' - "t.�'
<br /> ' � } � . ' ' I.. ., . .. .. ' -'•�.--...:-_
<br /> . ��'
<br /> , � ,
<br /> .
<br /> .. ' � � ' - - �� -
<br /> -, ' �� - . .. ......u_.._....,........... . ."' " '._..._....,._... i�
<br /> ..
<br /> �. . .
<br /> , __._t
<br /> , '. :`,--
<br /> .. �;jt . _ _. .. . , ::t
<br /> ��l.�i.: ' �'.•.
<br />- ��;Lt'
<br /> ' '�' �s 1���� �
<br /> • �
<br /> ,u;-�::� . _
<br /> ' .':Cf - S
<br />_ R"'� �.:��-.
<br />:^-r°^;�:"�� abandoned Propeny. Borrower slaall also be in default Af Banawer, during the loan application process, gave
<br /> 1_.i!..
<br /> , matcdnlly falsc os inaccurate infonnation or statements to Lender(or failed to provide Lender with any matedal ._
<br /> ., � .ti?;' infotmation) in connection with tbe laan evldenced by the Note, includins. but not limited to, representations _ --
<br /> � • �.;; conocmina Boirowcr's occupancy of dm Property as a principal r�sidence. If this Security Inscrument Is on a ; '�y-
<br /> " °'' lcaschnld,Horrower shaU wmply wiU� tbr,provislons of the lease. If Botrower acquires fec title to the Aroperty,the
<br /> ..,:�: '.;..
<br /> '' lerschalcl and fee tide sl�all not be rner�cd unle�s L.ender agrees to the merger in writing. s
<br /> �'�. 6. Coudemaatlou.The proceeds af any awazd ar claim for damages,direct or consequential,in connection with
<br /> �p any condemnntion or other takinII of any part of the Property, or for conveyance in place of condemnation,are -
<br /> � _?� herchy assigned and shall bc paid to L.ender ro¢�e excenc of tha full amount of the indebtedness that remains unpaid
<br /> �� . un�ler the Mote and Wis Secterity instn�ment. l.ensier sYiall agply such proceeds to the rerluction of the indebtedaess
<br />''`�' �". under the Note and tbls Securiry Instnunent, 4irst to azay delinquent amounts applied in the order provided in ��-•=
<br /> . i..
<br /> "��? � � paragraph 3,and then to prepayment of principal. Any applicadon af the proceecis to the principal shall not eztend or ���_
<br /> gostpona Q�e due date of the montl�ly payments. which ar� refened to ia paragraph 2, or ahange the amount of such
<br /> � _ m
<br /> �-� :��r payments. My eacess praceeds ovcr an amount requised to pay all outstaudins indebtedness under the Note and this _'`�
<br /> Sesurity Insuument sl�all Ue paid to d�e catity legaliy entittec2 ehercto. �`_
<br /> 7.. Char�es to Borrower and Frotection of I.encAer's Rlghta to the Propee83�. Borrower shall p�y sll `•''=--=
<br /> "�' '` '�� ove�mental or munici al chnr es,fines and im sitioas that are not included in parlgTaph Z. IIarrower s6a11 pay �
<br /> ,:,� t..,.:, g P B P�
<br />• :�' '' '� theso m�ligations on time dirccdy to Q�c entity wtuch is owed the payme�s.If failure to pay woulcl�+dversely affe�.t --
<br />:':;'';�;;''�';"y Lendes's interest in the Property, upoa Lender's request Borrower shall promptly fumish to iLender rectipts _
<br />;;r;``!.,�r. evad�.cing thesc payments. _
<br /> �,-:��•� f�°t�orrower fails to malce t�ese aavmenus or the paymer.ts reyuired by�aragraph 2,or fails to perform any other
<br />-_.;,�;�,;7i•4. '
<br />.yy;,.��t�;t,, covenants and agrcements contaiacd In tl�is Securlry Iastniment,or therc is a legal proceeding that mny slgniflcantly
<br />'�''"•,�'+���' affat Le.nder's righGS in tlie Propeny (such as a proceeding ln banknipicy,for wndemnation or to�:nforce laws or
<br />.,;�,.r=;; '
<br />'�r.#y,x 'y', regulatione). then Lendet may do and pay whatever is necessa,ry to pmtect the value of the Property and I.ender's
<br />;�U,;';;:.,„. d�tns i.n the Property,including paym�nt of taxes,hazcud iansurance and other items mendoned in puragraph 2.
<br />;�;_ii�:_�'�;` kny amounts disbursed by Lendar under this par.�r�ph shall become an additiona! debt of Borrower and be -
<br /> --•:•-�1-:..• secm�3 by this Sccurity [nstrwneni. 'TGese amounts shall beaz interest from the date of d�obursement, at Ihe Note
<br />----z,or,;f� •
<br />.,;;.:�;;�� rate,aud at the optioa of Lendcr, shall Ue immodiately due and payable.
<br /> -::i,s�r Borro�ver sh�ll promptly dischar�;e any lien which has prionity over this Security Inssn►ment unless Horrower:
<br /> ,..�-�:;:,:�'
<br /> _.':'�;;;_;, '�.. (a) ��.^es in writing to t�e payrncnt of the obligation secured by the lien in a manner acceptable to L�ender; (b)
<br />-���'�''�'�''s conte�ts in good faith the lien by,or defends against ear�orcement �f the lien in, legal proceedings which in t'hs
<br />::,:::::�'.���
<br />_--��,;;�,•,� Lendor's opinion operate to prevent the enforcement of the lIen; or(c) secures from the holder of the lien an
<br /> _._-_��,-'�� agrcement satisfactory to Lcndcr subord3nating the lien to this Secudty lnsuv�ent.If Lender detecmines that any part
<br />—__;:.,.r�� of tbe Property is subject to a llen which may attain prioriry over this Security Instrument, Lrsader may give _
<br /> ,�;�_�� Sflrrowcr a notice identifyinB 1he lien. Donou�er shall satisfy the lien or take one or more of the acdons sei forth
<br />-�;;��t;;�}.� abovo within 10 days of tl�e�iviug of notice.
<br /> �::°'`:��; 8.rees.L,ender may colicct fces and charges authnrized by the Secretary.
<br /> `'`W"��' 9.Gt+ounds[or Accelcradono[DebE. -
<br /> _ -:�::�,� -
<br /> ,-,,;;,,;;�,-.,�Ry (a) Default. Lender may,except �.s limited by regulations issucd by the Secretary, in the case af payraent
<br /> __����+ defaults,requim inunediate payment in full of all sums secured by ihis Security Ins�rument if:
<br />:.�,--�- (i)Borrowcr defaults by failing to pay in full any monthly pAyrnent requt�ed by thi�Securiry Instrument
<br />=:_��i�iys� prior to or on the aLe date of the next monthly payment,or
<br /> �T'��''°�'' (ii)T3orrower defaults by failing,for a period of thirty d1ys, to perform any other obligations contained
<br />.-.T.t�q'R'aetr'+
<br /> '- =�� , in chis Securiry I»ecrument.
<br /> ��.J,��
<br /> �_,..-,�F,,.A...t. (b)Saic Withart Credit Approval.Lender shall. if permit4ed by applirable law(including Section 341(d) _
<br /> f�4l•' ,:; , of thc Garn-rt. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with the prior
<br /> ' '��J,�.� approval of thc Secrctary,require immediate payment in fo.11 of all sums secvred by this Se�uriry Instavm�t _
<br />-'s:};:�;.,,..,;. if: _ _....
<br />-�;��,.
<br />
|