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<br /> . �` �pOg. BOINNPrt&b8�IIOt OQ�lt W83[6 Ot�eSlIOj�•�� F.,•. .
<br /> . pt�j121�! t0/3�tP.$OI8t�. I�C8S�118�1@ WE'8l.8II�t�8t C80�if�. �IIdCf IDap�ASQ�t t��p�#thC ptOp�iyl 33 V808ffi . • -
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<br /> • ± ��S �;',�. or abmidoned or the toan is ia defaui� l�dcr may teke reasonab2e ac�ion to pmtect and p� .
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<br /> � abaudoned Prnpecty. Borrarurer sLall a1s+o be ia defsait if Bormwer.durlag the�oan epplication pmoess.gave ma�iallY
<br /> . ��°���� w Leader (oz failed to pmvlde Lender with a�Y mau�ria1 informativa? ..
<br /> • � faLs+e or�naocaiare i�fo:maaioa or statem�uts ns wno�oing Borrower•s �. ,,.:
<br /> " ' ' ~ `�' in oaaaee#on with the loaa evIdenced hY tIIe Note,Inctuding,bnt uot 3li�ited m.rep�eatatto -
<br /> isoa a teasehoW. Borrower shall wmp1Y ' `'`%"
<br /> . - uc�anay af the PcopertS►.as a princ�pal resid�ce. if thfs Securitl+Insaumeni --- --_
<br /> .� . with the provislons of We lease. If Borrower acquaes fee dtle w tha Propezty.the teasehold and fee titIe shaU not `'•°:;. �
<br /> t0 t$B ��3II Wiitvlg• � �r M:
<br /> be mer�ed ualess L,eader agrees in conaecdaa witb
<br /> '� ` 6. ��- "�$e greceeds of aay sward or daim for dama�ea.dltect ar mns�que�tial. < -
<br /> °f s u y�ad�natiun or other taking of aay part of the Pcopeny,or for coaveyanoe ia place of aondomnatinn, ate heceby � � '.
<br /> , agsi g n e d and sLall be paid:w Leader to tne extent of 6es f u i l amn u n t o f t h e i n d e b t e d a e s s t h a t n e�n a i n s u s►Patd u�de� �' ,,..`
<br /> � t h e No t e a n d t b i s S�n r I t.7 1'1ns�at• Leader sbali aPPIY�Pm� tu t h e s e d u c x[on o f t h e i n d e btedaess umde� � �,,
<br /> Le ��p�g�h 3.
<br /> .� } � the Note aad tLis SecurIt3►tns��, fiist to any delinquwt a�� BPPlied ia the otder p m v l d =__ --
<br /> ' : ," '� �d tIIea w prepay�at of princiPal. Any appli� of the praoeeds w the prinslPal s�al�not exEead or postpone ___._..
<br /> ;°;. '. . �<� wbich a:e r�efeeied w ia paiag�b Z,°r cl�aaSe tBe a�mo+mt of surh pap�nis-
<br /> • . �� Bie doe date of the montbly Pa7►m�� w ait outst�din8 indebtedness und� the Note aad tbis S�► —
<br /> pny eace�pmoxeds over sn amoimt r e i l u i�d Pa7i __..--
<br /> - _ - _ � shall be paid w t�e eutity Iegally entitted thet�to. Bouower sball PaY alY 8aveta�l -- _
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<br /> _, .. �, ��Boaa�ra�d Pmo� o�I�der's RigRts in�Pcapest9- these oD]igations = -- -
<br /> ::,".: impusitFans ibat are not incladeQ ia p a r�a g h 2. Bo�sl�a1�QaY �
<br /> - or mmnic�st�cbat8es'�� If failu:e to pey wOUId adversely affect.Lendgr'8 intereat in . e���.,.�
<br /> � � _ . ' on time ditectlY w the�itY Q+l�icb is owed the paymea� �w Leader �ecetPts evid�cciag th�e QeYments• � -__.--
<br /> - ��;.:� tt�Fmpem►.t�1��8� Honower shall ptompttY h 2,a�t f�ls td per6oim afly athes � - =
<br /> � � • .� •� if Soaower fails w� �e P�Y� or the paSmaents �vY P�P �t�3+��Y -__ _
<br /> ,_ . _•_�_�,�,.,::: ` oav�aats aad a�co n t�a e d in t h i a S e r�u i t Y Y n s�t, o�t h e r e i s a l e g a l P�$ -
<br /> .^��:' ',�:. : ,. � affect Leud:es's ra�hts 6a t�°PmperiY (s�cb� as a proo�g ��• for condenmation or w enfora lawa�s _ __
<br /> _ ° ;``;'�' .. ��pay al�atcver Lsne�sa�►to�:s��the vaIue of ttte PcupectY���$�� -_-- :-
<br /> . .: `!�.,.•,.:� tegul2tioASpn i���Y h Z. --
<br /> .��i;;..`�: ;.;.i�;;;;�� � ia d�e Pm�g;��PaY�t of taxes.�"iasaranoe �.ot�er i�os me�uon�d ta para�ap --_-
<br /> �.,�, ` sbaU 6eoome an additicsnal debt of Borcower and b�
<br /> ''�� � :�_ �nY a�°uats disls'�d bY Lender undet th�s t�s'�interest from the datE of disbuzsea�ea�t at the Note tale, —
<br />. . � '>,`: sewced ts�t�is Secu:ity�asuament• �Se amommts sball ----_-
<br /> '�%r ;��'' and at the optton►of Leader shall be immediately due aad payabie. � ��Boaower. (a) ---
<br /> . .. '`;;����� Baaowes shali promPtlY d�s�arge anY lie�which has p�ioritq over this Secarity Ie w i�er:_(b)contests .
<br /> '' • `' `�� a�cees in writing w the paymem of the obligation secu�d by the lien in a manner ��in 8ie L��ec's opin�on
<br /> �';'`''`''�;;,` • I�t` in good faith the Ueti bg`s�c de$euda aga�nst eafor�t of the liea in,legal P�
<br />.�:`��}�: .�`,.;.,. ,: �o e�ate W prev�t t�e:�forc�ment of the llen:ca:(c)secauues froin the hoLDa¢ of the lieas an ag� �� . . _
<br />';���`'��:. �. � '`'�` P If Lmder �:aa�es tflat a�►Y P
<br /> ',+,.:r� .�� to Len�rr.suhordina�ir�g� the lien w tbis Securiry �t. ve Bormwer a no4�ce ideniitj►in� . - -�
<br /> . � =� sub jerA tn m�se wh�c�maY�F�ority over tfli�Se�vriry G�+ Ler.der ma�►BI �10 d a y s of the
<br /> � Se vr
<br /> � � the llen. Bflr�wer s�ll sat�Fq the I�ea or take oipe;ot�af�a c t ions set fo r t h a b o v�,, �� ..
<br />., ' r• ;� of notise. eollect fees and chac�anthariud by the Secretazy
<br /> � . ,� g, Feev. Lender may ��
<br /> . : } , :,��l,}. 9. �for Ac���� as limited by regWations issned by the S�9 ia the case of payment
<br /> , �••,� `.'�. () In iiill of all sus�s seaued by this Sa�ity'`lus� �
<br /> � ;:,::. ='. :,,.� . , dcfauIts.reqa�e ir�� paYm� tb9s Secusity lnsnum+ent
<br /> :.,_ ; (� Botmvaer defautts by failing ta pay ia fiill ea�y mo�Y P� ��Y
<br /> �'•������ . .+ .�: prtor w a��tA the due date of the next moatt�lY Payment,or .
<br /> .:.,°� � (iiy go�ra�er defanita by failing.fo=a perlod of tbitty deys.to,�perform any other oDligatians obarained .
<br /> �. .. ' ..� ...�:;�. ia this Sea�rinty Iflsu�• —
<br /> ,,. . •_.
<br /> ea ' licable law(iactnd€n8 sectioa 34�(�bf
<br /> ��' �' • al Lr�►der shall,�f petmitted �9 ePP
<br /> . ,�:� - �,. .. , (b) S�ls W�taat 4cedit Apgiov •
<br /> . . ,; : tae Gam-St.�1maln Depasiwry InstitWions Ac�of 1982.12 U.S.C.1701j-3(d))aad wlth the p�io:apProval
<br /> .�;';�,�;�' �mediate paym�nt in fall of all s�seaued by tbis Seauity 1nst�ument if � __--
<br /> . � of the Secreta:y.re4uire � is sold � �
<br /> � � � - (I) A11 or patt of the ProPertY.os a b�ea dal o�eent), and���all or patt of the PmpeRy.
<br /> ' � � � � ar othe�vvtse uan.4ferred (other than b}► 4'vis --.
<br /> . � (�? '�proPerty is a..�.oaupied 6y tfie puccitaser ar$�antee as tsis or hpr prjnclPal resldeace. os the . -:--
<br /> � ,' pumbaser or grantee �oes s o c o c u p y the p m PertY, b� h9s or her credit has nas been approved 1n --
<br /> ��;.;'. � accordauc�e witlt the requiremenis <�the Secretary. m tirll,Uat
<br /> (c) No Waiass If circumst�ces occat t:uu would permit Lent9bt to teqtti:e imm�ediaze_Vaym�Z � ..i�
<br /> .��:• � ts wlth tegpect w subsequgnt events. ,
<br /> � ' i,eaQer does aot req�ire sacb payments, Lend�r daes not waive�s righ ����� S� �� _.
<br /> . • . (dj ge�at�e�s of HtTD Se�9. In ma°Y c�s� �� in fa13 aad foreclose if not patd.
<br /> � Leader's rights�in the case of paym�t d�Yaults.m ce9uire���.�P Y� _. _
<br /> .`: acceleration or fore�t�se if not p�rrmitted Dy re8olatioas of the ,,_-.
<br /> • . : � 'Ibis Sepuity Iasunment daa aot a�rize p m
<br /> �� F,�::-_.
<br /> ;`,,,� +�::,_��
<br /> .'...�. . ' . ;� .SCCfCtBt�� s�._ .
<br /> that if this Security Iasuument a�01he Note ate not d�od �t:!=`
<br /> � ' � (e) 1Mattgage Nai InE�d: Boicawer�'ees fmm the '
<br /> . ;,..�_�� to b�ellgi'61e fo:lnsuruuc� uader tg:�National Housing Act wlthln 60 �AYS �•:.-
<br /> ; . , date hcKeof►.Lender ma3►,�3 its a��n rc�uire immediate payment ia fuU of a�l�secuted bY this Sewrlty �_.��
<br /> � Instrumeat. A wrluen statemeat of any mithariud agent of the Secreta�y► dated subsequeni w
<br /> . � DAYS fmm the dste he�o�., d�llaing to insure this S�urtty Insttnment aQd tbo Nate.�� �-�:,,
<br /> 6� Notwltbstanding the foregoing,tl�s option may not be e g -_-
<br /> � ' deemed concluslve pmof of such inelig�bility•
<br /> , � by Lender when dce uaavailabiliry of insnsance is solely due W l.ender's failure to remit a mortgage igsafnnoe
<br /> � premium to the Secre�ta�►-
<br /> .P,�: : . . L� �
<br /> � • . t�I6Sgl�3=9A Dffi:D OP'jRUSC page 3 of 6
<br /> . � r. pp�sytp�,Ooc.lF�l 61y136t �
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