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<br /> " `�,:�<,`.r�'. dseumstaaces. Bom�wes ebaU uat commic �vaste ot destcoy.�e or subst�►ttaltg ctiaa8e� � ,
<br /> ..�. . �e tftAe Prop�tY �s vasaos: �..�
<br /> °.�;.`:: �rogc:tY w detcrlorate. reasoasble wear omd tcar exoepted. Leader m,sy inspea �►D�4Y�. ���.
<br /> .".' take mas�ble eat9n w pmt�ct and,presetve sucb vacnas or
<br /> �� 'F,::` Of f1�1�Qf1C0 Ol f�f t03II�S�i1 Q��E11�1. I��L � ��F<;
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<br /> �`.�:• � .� abandoaed Ptope�ty. 6nnower ehall alsa 8e ia defaolt ItBamnwer.dtuing the toan epgllcas�on pmse�,gave m�teziauy �:�-�.
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<br /> false os inac�uate tnfa�atioa or st�nta to L�der(or faiZed co pmvide Ixnder with anY ma� �w�r s �,�
<br /> ;:;, �- = ia c�na�Eon wi�h ths toan evideamd bythe Note.iactudiog,but aot limited to.rep�es�ons oonoetntng -
<br /> :F`::� : � h Tna�rn.,,�,t is oa a leasehotd, Borrower sbaU compSp �--
<br /> <: oocupaacy of ttte Prop�ry as a prinsipal resld�uoe.If this SEauItY , the ieaseho2a aad fee dde shaU aat �'�.
<br /> , ;: .�;,�� wtth th�p:ovIsions of the lease. if Borrowu aoqui�es fee dUe to the pcoperty
<br /> �-'='-�' be mesged �mIe�s 1� agees tQ the merger in arrldug. ��an � �Y-�
<br /> :�. .«. 6. Cenr'�- '�p�o f any a w a N o r c t a i m f o r d a m a g e s,�i�e c t o t c a n s e q u e a t i a t. �__,
<br />- `'�`•° °^`�,� suy coademnasioa or ott�r ta�dng of any pact of tiae Frop�ty or far�nveyance in pIare of oond�on.�are 1�Y
<br /> . a�d uader E:�,.
<br /> '`�`,�:=`�`=-�`` assigned aud shall 6e paid to I�eader to the exteat of the fuil amo�mt of the.indebtedn�ess that temains aaP � �,,=-
<br /> . ":`'��.,��: �� . the Not�ead tbis$�aritp Tu�- I�euder s�ll app1Y sud'►Proceeds to the ieduc�iou of the iadebted�s und� E_r
<br /> th�Note aad this�rl.ry T�. 5ist w�y deliaqu�at amaunts applied in the ordet pmvided in parag�aph 3, ��_
<br /> `` aud tt�m� af gr�g�t. �Y aPP��a °f���� to tho.gr�i sh2!!not ext�nd or pastpone _
<br /> _�,�";`�'i r ,�; ,the due da�r.e of t�ce a�F�.�pay�vr�sid�are tefene� to ia paragcaph 2.or change the amonat of sara PajRat�s- _
<br /> r akn`rt ` `� � :pny eaccess pm�eeds c����auat � to PaY aU ou�8 .iadebt�Quesv und�r the Note aad ti�is S�rtt9 _ .
<br /> } ` i�'the�aty legallY entitled there7n.
<br /> '� . , s,; Insunment eh�12�p�... 8omawei si�all pay all gove�ental _
<br /> '``.°�•';�'':���' , 7. t�ges u��a�d P�on of�adec's E�i�ts in�Pcvg�i9'� _
<br /> �i;�'.,: ,,;.t�r�,� ,�r�����,y'g���qiqsiaons thaz aze aot iaciaded in paragrapb 2. Borruwer shall pay these obligations _
<br /> "` t,r.;j.c. r �:Vri tim�dise�tlY to the�enti2Y a'h�d3'iaAwed t$e g3y�nene. IY fa�Tute t0 oayL���+�Y �8�s.� �.
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<br /> r` :�-,�;`' r,t .- •":the Pcppert�y?rRupon I.CIIdCr's'Ie�:,H?srrow� s3�al4 QmmPtiY fumish r�ei�ts CVId t�se
<br /> ,-�X�' ; '.��° . . . � w maloe tl�. ; � . or the pa9meu�.r�q�r� bY P��Ph Z..cr�.�s ua perform apy othet
<br /> , . , . If�,�4 •--��- ,im t�is Seauiiy Tnstct� i$$�F�� tIIat maY signi&c�a�;�
<br /> t„ � 'iar diere
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<br /> � �'i� ��,'� ��.��� � ,�; txs���� or w enforoe.Lzws+as'
<br /> 1 1 :fx. .�:. ��;� z!: tsnch as a pmc�ag ir�t,�F�S►• and I.�ndec' ghES: .
<br /> % :affecx Leud�t's tIgffis� �'��� x�eof fhe Fmpetty s ti
<br /> �,.t` �; ' ' - � `' whateveT is 1lcres�dry tv piote�� _
<br /> �.�os� =�. ,`�;`a: :ne ns}������4aJ► ar8giaph 2. - ,„ ___
<br /> a <1�^,� �° ort�� ��,y,t�3p�.a�bt��'�� ia p
<br /> � �= `tI!i�IC �lO��^��V+�p�{� �}�,�. '� 4uw.. �L4 ��p�.t�°:" .�`y�j`��� $�2�[�l73�.�1t Uf�OIT{O�F�l6�CT 8i���r =—
<br /> - .l'�, . �L� �aYiYYiaW �[J�.��V� ' LFYJL4����M�7�� �Y.G l�lVi�F fa�Wik' `
<br /> « '� < '` � •secimed by this S�"1��i��'�ese�p�s �b�� �t at . . , .
<br /> tlon of��<ls���'S�'�J:st�e aad payable. • . �
<br /> � ��ti;�y4� �� , �` :;aad at the op �� ' uule�1�'smower. (a) __
<br /> BSimwea sball prau�pti�r ��anY 1L��s1i hAs p�ioslty over t�-R*�"i�'Y�1�N)��
<br /> t1 t t'-Q :��4. ' !j'.. .
<br /> � ,'S�� � Q�O� S�UI�����Il R�2t 8 ..�, ,t�:.
<br /> : �- ^:�.:, � a�c+�ia wtIting ta the payuiewt'-''..... , � wis.�in tue I.euder'�opiidon�
<br /> ;:`.� ia gdad faiah the lien�7►,os defeads�st enforcement ofthe liea in,legal.D c�ings .
<br /> . � � opaate tn ptevent the eafaaoe,�nt of the tlen;or<a)seau� from the ho2der-of the liea�agiceeimeut satisfasxoiY
<br /> � � � " .. :�_.`,` . to iread� sttbordm�in8 the liea tfl this SeruritY Insau�aen��, If Lknder determiaes tbat any part of the.Ptaperty ia:
<br /> � � sabj�t to al�en whid=may atta3a psiortty over t6is Sec�trFtY Ifls�u�ent. I�nder maY BiveBormwer a notice ide�Eifytn$
<br /> . .� • the liea. B�urovrer sball satisty the tiea or t�s one or�aurt of the acxions s�farth abave withia t0 dapa of the givi�g
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<br /> - �'- ef anti�. • - - ---_
<br /> ,. � �,.i;.�..' 8. �. Lender may coltecx fces and char8es•authorf7ed bytb�e SecretatY•
<br /> . `', ' : � ;;..5 9. Gm�uds fos Aood�ati�n of�L '
<br /> ' ��' ons issued by the Secretary ia the case of payment
<br /> •; . • .� �, (a) �11. Lscdet may.excePt as limited by regulad .
<br /> '. �<" :* �:.+::�.; dcfa�ilts. ieciulre i�m�ate D� in ft�ll of ali snms secur�d by tLis Securicy Insttumsnt if:
<br /> (n Borrower defautts by fa�ing w pay ia itili any mot►tb.tY paYment�ed b3►tLla S�ItY Iasuum�n���
<br /> �':.:,;., - ...' .
<br /> ' p�Io:tu o=an the due date of the neat montLly gayment, ot� donn aaY ottter obligatta� con�tir�ed'
<br /> . `�:�� (ii) Boirower defaults by faUtng.for a getiod of th�tY daYs► P� ,
<br /> � `�' in this Security insuum�-
<br /> ��'�:i`..�:., ; :''-' � (�) g�Wi�o� Ccedi3 Appiaval- l.eaQer sha11.if penoaiuod 69 BPPli�b2e Iaw(InctadiAB s�tton 341(��
<br /> '.�`��� ehe G��,ra-St. Germa9n Depository Instituttons Act of�198Z,1?!U.S.C.1701j-3(d)).aad wlth the prlor apPra�►
<br /> . imma�diace payment in fiill of all sumv sec�ared bY th�s Security� if:
<br /> . . .. } of the Sec�etat5►�ze9aire ,ar a beaefitial lntecest in a uast owning all or part af the Pcoperty.is sold ..
<br /> —. •� � , (i) All or part of the FrogeAy .. .
<br /> . , ar atherwlse transferred (other thaa tsy devise or desceat). and al resWenee. or�e �
<br /> -•.:; (ii) 'Ihe Propeny is not oavpied by ihe purcdaser or g�aaatee as his or Ler pYincip
<br /> �
<br /> . _'� .' purc�aser or glantee dnea so acaspy the Ftopetty. but his or�her esedlt�•has aot been apyroved in
<br /> '' �-��; accardanee wlth�he iequi,rem�ts of the Seccetai3►•
<br /> � • ��: (c) No�Iffinrer Yf� occu�that wou�d germit Lender w�t�equire �oediate PaY�nt in fuU�but
<br /> � ' ��" '� ' I.endet does not requite surL paytnents. Leades daes not cvaive ita,rig�tts witA respect to snDsequent events.
<br /> . r (dj g�atl�s uf El1JD S�ars�9• 1a many dtqiaasteuces te�i�ne is�ed bY the Sectetary m711imit
<br /> ' ��.�'��;r:�, ��` Leader's rights.in the case of paymem dct�uits.w req,v3�e immediate PaYment im fiill an�fo:eclose ifnas paid. °
<br /> � °�i�;���-.�:';.;'�3���.' 'lbis S�ucity ia�ttnmcur does not authorize aaxler�n or forectasure if not�rmitted byregatattons of�ite
<br /> � ���.:�<,��r. .:. . _
<br /> , . Soa�taty►. -
<br /> _� . :. �. (e) Martg�gR Nat imsuQed. Bottower agr�that if this Securiry Inst�ument aad the Nate are not detenmined
<br /> � ..'�,�. - to b$eli�ibte for�nsutaaoe under the National Hnnsing Act wtthln 60 DAYS from the
<br /> � date hereof. L�der may.at its opt�on requite imtnediate PaYmene in fiill of all sums secured by Wia Seauity
<br /> .. Iastcument. A wrttten statement of any�tho�zed agent of the Sa�et�9 dai� subsequent to
<br /> � � 60 DAYS from the date hereof, decliaing tv iasure this S�vrlty tasttument and the Nnffi. sbaU be _
<br /> . dcemed conclusive praoY of s�cb iaelig►�ititq. NanvitAstanding ihe fosegoiag.tl�s oPHon taay�not be exercised � -
<br /> .. by lxndet wHen the unavailability o!�nsuraace is solely due to L�Qer's faIture w remit a morlgage insuraace _
<br /> .. . Dremium ta the Sectecary. _
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<br /> �. . • � �� Pcge 3 of 6 -
<br /> . • � o�am s�+.ae-�aasuai
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