|
,
<br /> . t � s : u—
<br /> � .. .e.-. - - _ ��._�� cz^_�t7 v--
<br /> � ` � . z �— . r .
<br /> .-�- . �: � � . c-
<br /> ..�. _t.u.c� � . 3,i�ti.�.� _
<br /> . L a'.K' , �� � � - .
<br /> ' f :4 R f �-• . - � ,_� . F. . - ��_� . - - , "� .
<br />. ",t.,��c.�. '�� � . - . ���.. t . . !". ' - .
<br /> .S �� :� .5:. .
<br /> t
<br /> _��l. h �c.L� Y``�,� • • .'�.
<br /> .�.�.
<br />_`_G�. ..�. . .' • �V���
<br /> ' .�..
<br /> �
<br />_. _ '��.� `` • cirammtaaoes. Barrower shalt not co�it vsraste or desnvy.damage or substan�l�r chaage the Pcioperty or allow the "` .
<br /> � � �F�Y w dete�iorate. reasanable �vear aud tear exaepred. Leuder may inspc�ct the P�tapecly if the Propen�r is vncant ` � �
<br /> . �y ,-`� ar a8andoned or the Ioam is in defautt. LeAdet may tal�e �asonable aaroa w piatect and pteseNe su�A varant ar ;'�
<br /> ahaadnnnd Pmperty. Bnrm�rer s'�all elso be in defauIt if 8oaa�ra.ducing tLe�an,a�plicat�on pmce�.�ave matedally ��.
<br />-:'`;,, .� fat�or t�auare info�ation er atatemeats to L�der tor[alle�to provide Lender with aaq matedal infor�uton) '�
<br /> ` ` ia oo�au�vtth ttcc Ioan evideare��y the PIote,iacluding.b�not lizaited to,rePres�tattons onaceming Somuwar'e �.`
<br /> _�:�. acxu�r of the Prop�t�r as a riadaat r�dQnc¢. tfe��y hun�+m,ee� is oa a tea�eantd,Soaoarer sual!omm�iv -
<br /> _ p s
<br /> „' `', wdm tbe provlsiong �f tlie iease. if 8orra�ver acquires fee tide to We Prop�ty.the tesse&oId assd fee title skal!aot �
<br /> ` , 6e ut�ged�Iess lend�agr�es to the �ia vnitiag. •
<br /> �-.�.-`:' � �
<br />-. _ ��� 6 �. T0z prouoeds of auy award or da�m for damaga.di�oce or con.sequeIItial, ta ooimectIoa alt� ;;;�,;
<br /> - =��' •�� aay aondar�adon or othet taIsing of say yart oY the Progeny.or fos coaveyaace i�plaoe oY oondemaat�o�. fue.�e�rby �'s
<br /> �.: .�._�,:�. a�Igrad sad shaU�gaid to Leader to the eatent of the tirui!aaaotmt of the iadebtednc�ss that remains uupaL! emdet ��.:�
<br /> . - £. !
<br /> . � , . .'';' the rlote a�this Securuy Iastiument. Lemdet s6all apply such pmccads w the seductiou of th� indebtedaess under
<br /> ,•
<br /> . ' . . . tae Note aad this Seaairy Insu+moent. fi�st w aay deliaquent amo� applied in t�e ordct pmvided ia patagr�D 3. °^`�
<br />-.' =� aad t2�en to pcepaymant af prinsi�pa�. AnY aPPlicatioa of the pmceeds to tbe prIacIgal sbalt aot,�or gastQone :=.:
<br /> Y.. � ':�N-fft�� f�C�dBiB Of tltC�IIi� --_
<br /> Y PaYu�te• �vhish ane�fecm� w inFaraBr�gD 2.ctr�aa�tlite amuunt:.o�s�ch gay�ts.
<br /> � � : '���.� � Any excess prooeeds over an amouat cequired w pay all ouatsading indebtedness uadet e�e�Nate�auil.tbis Seauig► __
<br /> �° Inso�umeat sLall be patd w the entiry tegally entitled t�eretn. --
<br /> . " :{:� . 7 �to B�a�a�d Pm'�iun of I�da's R�g1�7s�t�Pmp��. Eoaower sbaII pay all govei�tal k�
<br /> az mu�elpat �harges,fines emd bc�positioms tbat a:e uot iaduded ia para�aph 2.Bo:mwer sHa!!pay th�e oblipdons -
<br /> ,'. ; ° ; . ::.:� on tir�dineaIy w the eatiry wIIich is owed t�e payavent IPfa�ure m pay would advasely a�x.Leader's inrerest in :=.
<br /> `. - �". :4:.-=: • dte Pmgezty.upon I�d�'s reqaest aonower shalI pmmptty famisb w Lender�eoeipta evidencing tt�e FaYments.
<br />_ 'r:.;-:;.. ..
<br /> „ ' ',.:�... If Sorrower fa�is to make these P����PaYm� ���Y P�b Z,or fa�7s to erform
<br /> P anl►other ��,
<br />_ ..'1::,�:F:<_�n'�;: . . oo�v�anrs aed a�re�eors ar�ea in th�s s�,rlcy lnsua�c, at�tl�,;s a�e�l Pi'o� ��3►���Y =
<br />�i...:`,::,;;x�;,;=: '.:; ffiacc LEnde�s dghas�the Ptop�cty (suc� as a proceediag in b�tcy. for caademaatioa or to eafosce laws or _,--
<br /> .,...,,.,� ,`:,: :'� t�uta�ns3, then Lender may do ar.d pay wbatever is n�cessa�to pmtea the vatue of the Pmperty and Leuder's dg�us �,
<br /> .';�°;`.' —
<br /> ..,�..� in ths Progerty, iactudtng payment af taxes,l�zard insurance aad athrr it�s mentIoned in paragesph 2.
<br /> �. Any amouats disGuisod by Ixndee uader this�paiagraph shall beoams an addIHonal debt of Boriuwer and 6e
<br />__�_,;,.;�..�,:.���":' .seaued Dy tbis Seciuity Insu�maent. 1Lese amuunts s�aU bear interest from fI�e date of disb�us�at at tIIe Note rate, `
<br /> . . �,:,:;�, and at the optian og I.eader sball be immediately dce aad�ya6Ie.
<br /> � ' ti..'_ Bamower shall PmmptIl► discbar8e aay l�ea wbich has priority over this Seauity WsWmeat vaI�s 8orrower: {a) , -
<br /> . •`; `,; agcees Ia�g to tlw payment of the abli�Eoa sacaned bythe lieu in a marmer.acne�mble w L�der, @)oontests
<br />=:;'�Y;::.`•,,:;�.:�:.,''. ;;,: In good faitL the liea bq,or defeads agaia�s enfot�smeat of the tiw ia.tegal pr+oceediags wbich ta dse Leader's apiaion
<br /> - - -_`- ':`.�:-.:� ope�ate tn tuevem�the eaforoemem of ihe 1ten:or lcl secnres fmm•the holder of the lIen aa a�aement s�famanr _
<br /> " w Lender suboNlnattng th$ liea to this Sscurity In�t��.If Lendrr de� tbat any.part of the R�perty is
<br /> ""`�p '} '•.spbj�'malieavrhichmayauala prIorltyovertbis�S�auiry'Instr�at, Ixuder may�iveBorrower saotice id�g -
<br />�-�5%l�i�''�,, • •'. "
<br />-_sr�� ���• ` �f��im. Boxmwer sbalt satis�y shc i�en ar tak�oa$or IImre of�Sta�actions set fo�h.abuve wiWn 10 days of t�e gving
<br /> of'f�stice. '.
<br /> ::=;° - -„� . - . .,. _-._.-
<br /> `,�_,:�_�:,�::_��� � �. Fe�s�. Lender may collecx fecs aad �harge�amhqrezed b�t�t�a .Secretary. ,` _
<br /> . .� �. .- :,� 9 (ircmads f�r� of lJebi. . . . -
<br /> =.+j��it'�'y�;:sz�`(:;:�:,'� � (a) Def�IL Lender may.exrept as limited tr�t en�attbns issaed bg tYf�etary ia the case of payment -,
<br /> '��`�:ca;,.-:t:.__;;..,
<br /> ;� i �F r�'� .� defanits. tec�u�te inmaediate paymeai�ia fut!o�t�3�suans secured by this S�ity �ns�nmaeat iF °-
<br />- ". f,_'^t ,-... v...:i �
<br /> . `` (� .�ornuwer defanits by fa�in8�J�PaY In ti�U anY mo�'�T P����9t� by this Securitq Iasuumeut
<br /> ' .:� � prldr'to or oa the due date•M�uaxt munthIy Paym�:.,;aT ' .-
<br /> , .. •,�:{`;:.,'. � ' -
<br />.. '. ,,:...,, �rj•''.`:'� (ii? Bosrawer d�f�its'by faillag�f�'•a.period of thitty d�Ss.to perfoar�.any otber obllgatl�as aonra�aed �
<br /> � ia tbis Secauity Instrumen� �. � � .
<br /> � . .. . ...._:;:_. ro� s�te�i� a�ic
<br /> E , . . �� Appmval. .�,eadek s�;:if permiued by aDplic�ble law(includ"mg sec�ion 341{d)of _
<br /> a � �,•y;__':�. tDe Gata-SL tieimaia Depository��iit�oas Act of 1482.12 U.S.C.1701j-3(�)and wiW the prior apprnval
<br />�_;�� : .-. �fi- of the Secc�eta:y.require immediat� �ayment ia fWl of aII sums secured by tbis Seauity Iastrameat if -
<br /> � (7 All or pan of the P�operty,+or a beneficial iatcrest in a trust ouming all or patt of the Ymperty,i�sold -
<br /> �� .. . .. ��' or otDerwise uaasfemBd (othe�t than by devise or descent?.aad _
<br /> • ` th r
<br /> � . :. � :� �� ��; (i�� 'Ihe Pmperty is not oc�cupied by the purchaser or graatee as his or 8er piIncIpal residence> aa the • : . _
<br /> � ' :,� p�mfis�r or grantee doea so..uocupy the Pmpetty, bur. hIs or her credit has r.,oE beea appraved 1a -
<br /> � � aaar�.zdattce with the � of the S � . ` �s, -
<br /> , requireaaemw� ecretarY. � __
<br />,�, • '� . ;.•'�(, (c) Na`i►aiver. If cirasmstan�ces �at�or tHat would permit Lender w require imm��'��aYme�t tn fiill.but . �.,
<br /> � Leader does not reqaine snc,�paj�ments, l.eader does not waive its ri�ta with respect.to sdbsequeat eveats. �::
<br /> '" . (d3 Re�nt�s of AUD�S�y'-.. Im�many cira�mstanoes regWations issued by the Secreta�► a+ill llmit
<br /> . ' ,� �-_:.
<br />„•...:1 :. ,. : u � Leadet's rl ta,in the case of L�def�Its.to te �
<br />� .. Sh � 4uiie iumnediate�payment in flill and foieclose lfnot paid.
<br /> � } � '� 'IL�Security�insuumeot dac.s n�t��titdi�e accx2eration or fo�eclosvre lf aot pamiaed.byregtilaflnns of the ���.-
<br /> �o , ,
<br /> �. SE�(gfy ,,_•
<br /> • (6} E�g�Nat IaSUtad. BOTtOWed 8$c�ees that if thl9 Se�auity 1nStt7mient 3Ad thB PIutC 2re IIOL dCtetmin0d
<br /> �, . to be eligible for insurance uuder tPid�NuBoaal Housing Acs within 60 DAYS txvm the '`''
<br /> �' � . ..
<br /> � date �reof��l.ender -.,.
<br />�'; . . '� .� may,at ita�opti�tu�iEquire innmediate payment in•i3il1 of all sums sec�ued by�Ws Serurtty
<br /> ' : •„.'� . Ins�umeat��� A wriuen statemaut��o8�tay suthor�ed agent uf tIIe Secretary dated suUsequent co�• t�_..
<br /> �:� :... ---`-- 6d DAYS fros�ihe date he;coY, Cbxlining to im°ure t�s Serurlty tno�t :a�ttie Notc. .°.�11 � - .
<br /> .E� - t
<br /> �.;..".. . .:��'.• .�� deeme4 con�clusive prmof b9such ineligib�ity. NotwlUutanding the foregoing,�his option may nat be exelcised ���:.:
<br /> , �y�nder when�e una.avpitsbility of iasurEnce is soIely due to l,�der's failure to remit a mortgage Iasvrance
<br /> �' . . pm�i� to tfie Secr�ary.
<br /> �.% .
<br /> g � . ' - -
<br /> r_': ' � D�QP 781LS'i 6146 ''`.
<br /> � . • •
<br /> �.�;. ' : ma�ome tycam.m�.�omas¢i� Pege 3 ot6
<br /> �' � ; � _ � , .
<br /> �.... . .
<br /> �.�_ �..;-: --�:�1 1_, .:
<br />..�-:4._ -..,_- . .
<br /> __ . . �''� --
<br /> •- -�
<br />.-`ry',• . .., . . _ .
<br />
|