. ..S;}_ .: :- � �� .. .. _
<br /> •: � . --- -= _- -
<br /> -_..,�:s...•,�..-�-- -•--=�_._._. ��... -- ----
<br /> .lRY• _ _. _� ___. _
<br /> ��
<br /> . ..,.. ..:-
<br /> • - - -�- =--- --- -- -
<br /> .. '�'"°---�_��:-�_---
<br /> - - _ _ __ _ -
<br /> _ - ._ _
<br /> 9$, 1('i638�
<br /> �+rcum�t�es, porrower �II not oomnic wWe or cieatmy,da�e nr�ut�s�u►tially ch�nfie the Pm�x.rty or�low�t
<br /> pro��ettY to deuriorrte, re�wnable ww��nd tcar exr.epted. l.ender mwy iaspect the Ampe�ty if tht PropehY
<br /> or �t►�uxionod or the laan h In def�ult, l.axier rn�Y tuYe nar°n�b1e �ctlon to prplact rnd pceitrve wch vacrnt or
<br /> �bandnned Pmprsty. Bo�rowar ah�ll alsa Aa in ckf�ult if f3ormwer,during tha lo�n ap{►fication procta,�{rve m�taidlr
<br /> tdK or in�ccur�te intomu�tioa or ststrntcnt� to i.ender (o� tailed co provide l.e�der with �ny rnaterid inforautioaa
<br /> In connection wltb the Iwn evidenced by tho Nata,includin�,but not llmited to,reprarnutiaa conoaains Bormw�r'�
<br /> oc�:up�acy of the PropertY a�a princip�l caidence. If Wu 5ecudly lascnunrnt i�an w le�ehold. lk►rrowu ctull comgly
<br /> with the provi�iona of the Iwss. !f Borcower �cquira fa tltle to the Propeny, the ic�uehald Md �a title th�ll not
<br /> bo�ncr�ed unlao l.endcr a�roe3 ro the merger in writiag.
<br /> b, C�ad�r�ion, The pmceod� af pny r�w�rd or cldm for dun�ges, dln�ci or eansequentiel, .in connectioa M+1th
<br /> ,w.�r c�da�;irnn� or other tdcing of any pen of the Property. or for convey�nec in piaoe of ocmdemt��t3nu, �re bec�bY
<br /> aas'r:gr.� ar�Q��,tt be pt�id to l..cnder ta tha axtent of�he fldl �utxnmt af tho indcbtodncs� that'rar�ino unpud u�der
<br /> rhe I.�r and: r,�is Sccurity Inctnimr.nt.. l�cnder sh�ll �pply such prc�occdp to tha rrxiut:ilun of the indebtodness �ic�da .
<br /> tbe i.Ywe arx1: ibi.s Security Inctrument. first ta any d�Unquent ar�wunte eppllod in�ha ordtr provlded in p�r�t�ph 3� .
<br /> ��, �pa�nyr.aent of priocipal. .h.r�y applic�tion of thc proco�ds ta tbe prinal��l shall not eatead or postpraae
<br /> t!�due dat�wtl ttrh hwnthly payments�r�A.%G#.m�e refernd to in puAgn►ph 2,ar chw�e the �cwunt of a�ch p�ymenq,
<br /> M,�a�as pro;���d� ove��os au�cx►ne rccyu,��red to pay all outstu►ding indeMatnes� unckr the Note aad tt�ie Security
<br /> Em�,n�mmt ahaU he oaid Ea�Uhz mtity klUlly ecirit,f� tlA�eto.
<br /> 7. � to Aarows;i s�-a�Pmlectlaa of Y�sdtm'�s 1.Qi�ta iu tl�e H�nQacty tioTlowu s[utii pi�►y i�il j�u-ru`l'n���l -
<br /> • ur mmicipsl cbar�es.fina ap�i..iin�wsitio►� that ue not iutluded ln paragr�ph 2. 13orrowa shall pay tbae obliguiom
<br /> oq time directly to tiu r.ntity �i!1�iG1+�cewe�the WYrr�t. If failu�"'ia�*�y wattld xdve�nely atYect I.aider's lntemt in
<br /> the 1'copertY. upon I.endec's sequi:s� �r•Y���•er sh�Jl prom�cly Ktr�itsh:�a.S1��rJZx ra'eipu evlde�cir►a tl�ae P=Y�q.
<br /> Tf Borrawa f�lls to mtica�thec� paipmn�nt� or the PaYmn►ta reqt�J7eci 'h't'.L"'�����9� 2,or fdls to pafonn ar�y eN3�er
<br /> cxiven�ota wd a�reements coataiand i�•lfiis Security Inatnimeat� or't?�e•rs.a��'IYiga9 procaMin� that mzy siga•i'ificiu►tly
<br /> et'fect La�der's d6hw in�de pmpeny �ana�i� as a pmaedins in b�oScn�p�ay� for cvndemostiou ar w saforce �aws a
<br /> [e�ul�tloa�)� tbai L�der m�y do and pRl�"�!hatever ia oecesiuY to protc�:� the value of the Pe�operty u�d I�ender'a rigUu
<br /> ia tbe Prnperty. iacludiaa WYmau of t�u.s.hazard insunuce and other item� mentioaed G� �wragq�h 2.
<br /> Any amouau di:burud by l.ender uuder this pa�r�ph shdl bocor��e aa �tdiUaul debt of Harowa �od be
<br /> �eau+ed by thit Sxurity liuttument. 'Il�eae unount� sb�ll be�r intereu fium the date of disMtrsamn at tbe Note rate�
<br /> . . �.ti.�e� �f t��_r.r �ull be i�t,'vm�ediuelY dut and Pa9able.
<br /> '. Borto�vet t1Wl P[�uptlY di�Ctl��,�:tn.r�;i:ia�which iw priorlty�,ucr this Socurity �K uniess �owa: t�j .
<br /> Kroa ia writLq to tbe paymenc of tb��ro'b1,is�uioa sa;ured by the 1'we.n in a mauner �oepqbl� rtn L�eoclerc N) �� .
<br /> ' fa tood f�i�6 d�e liea by.or cprfren4a �g�inu atfu►ama►t of the lien ln:��eBd Prooeedia� �vhi�h,}n e.�x Leoda'� opiaiioa ..
<br /> operr��tte Go prevau the enf�r�cement of the lient or(c) secuoa frnm the laldec of tbe lien rn�raaaxnt e�titfKxory
<br /> co I,mder pibordiaatia� the liea to this Security Instcumrnt. If 4.�tier detem�ina tb�t my Put of tbe Propaty i�
<br /> • tubject to a lia�whkh any�tt-ia priodty over thi�Socurity[astnun��... Leo�ler may�ve Bornnver t�rotioe idwtityia� ' ,
<br /> tbe lien. Bo�mwa :hall s�t�ty the�ien or talce one or more of tbe activa� ut fatb above witbin 10 dap�otthe�ivta� ;;,
<br /> of.c�otbe.
<br /> i�. 8. Fees. i�eader �aay cullax fea aad chuga �utho�i�oed by the SecretuY• .
<br /> ,`. 9. l',�arda ior Aoodatition of Debt. �
<br /> ` � (� �lt. l.endet nuy.exc�'�s iimitod by cegWuions iaual by�he Sax►x�tY in tbe a� of p�yiaaf
<br /> defAUl�ls', tpquiro imnodlate p��ment ia tull uf all aunt t�et�urod bY thit Secutlty Lra�Mne�t If: �: . �.,,. .
<br /> - (9j�;;�1;trow�.��'ault� b�.��1s��;Jin�to pay in fuli uiy nMti�rik,'sy WYmGat tequi�ed b1F��i�.�eauity Ic�ttnunent ,,,,:; .��,. �;
<br />= prkk•;ta�':�6a'.ir�nt i�he�d,da�(i��s�f t�be aext moo�thlY Ml+��'1: a ' �
<br /> . (ii�;�lF�iminr�e�r,�e�n��t,�Xff�Ul'u�.fa a period ot.�!�%�aY:,w ped'atn �oY a�at obli� ooWue�od .
<br /> � WI;;t��is��eCf�'�ty"��.,. � ,�
<br /> _ (b) S�F�s';M/iWout �kedit A�p�usf,+'�euJ. l�emier stull,if penio�i�rrad by applicabk !aw(i�ludiuj sxtba 341(d)of
<br /> th�(i�tri-St. Cenmin Depositor'y liutitution� Aa of 1S82.12 U.S.C.1701j-3(d))�i nrkfi t�pci�x ap{w'a��l
<br /> of We 5acrcwY. �quire i�omedibe p�Y���n Poll of�lt uunt secured by thi� 5ea�city 1a�tn�axsttl. ��t:
<br /> (i) All or pan of che PropGSky�a�a ba�etcasi�l irut�at ia a tnut owaia�aU or put of 11�Aa�r�iq;�;•k aold
<br /> ar Qthet�wi�e umferrN �r�,,tl�er than by dav�te or daneM). aod '
<br /> (�) 'Y7� propRtY ir aot o�.au{�.ied by Wt put�.fia�er or Snntoe a�hif ar ha prcnea;.ipal �, oe the :
<br /> putdwa o� yrantee doe� �o atxvpy rttmE P�pettx, but 6is ut brer coodit lw ut�t bea �ppe�ovod ia ,; •, .
<br /> s000c+daooe winY the noquirar�aui of tlr� �arn�u�• m(Wl.but
<br /> (o) Ncr�Y'aiver. It circwt�staoas qoair that +�wld pannit Leader ta cequire iimmedl�tc p�ymaat �
<br /> Lendet doa not cequin wch p�ymeat�. lrender doa apt�waive iu ri�tt rvitb rc�pecx to rub�equd�t tvtab.
<br /> (� �l�tioe� o[HUD Soa�elary. In mmy curuoxt;�rioe� �1+�1au isaed b�►d�e Seaetary w�itl ljst
<br /> I,endet's tiabte�in ibe care of pr�c de�a�tsn w requirc iamediate paymeat i�n fio�G ad toreclore if oot p�id.
<br /> 7bi=Sxurity Q�r.tament das not wc�asi".co tm�er.{eratan or faecbwre if uot pern�aed bp rR�Wio� of tre
<br /> �Mpt�ye N'alt irrar�ed. Beerarer a�roa that if this Socutitr lmtnana�t a�d p�e Nwe re�e rott detamieed
<br /> `�' �a�Ibt Ciiaible for insur�noe r� ttre l�itioo►�I Hausiu¢� A,a within 6� II�YS 6roe��
<br /> dtNe beroof. [.eodet m�y.Ae its o�t5np. caqpirt iaime�iare p�rma�t in tull of�11 awamaR 9aeanom Ir!'t�is Sa�weit�►
<br /> - tnun�mm� A wrium staeatWtnt a��a.�p�a►tlioriee�t � of tbe SeatiwY_d� �+BMO�an em
<br /> � JL.�1L1 O�
<br /> 60 DAYS ftnm tlte ckx� G�nC> d�iuia[ ne nu�trre t1W 5ecurlty ta�a�na� .au.ot�� ..••�o••
<br /> doenxd conclusivo ptoof ot`swcH i�urii�ibil'ety. Notwi�U�andia� tbe fote�oit�,tbv�olt�Son mq►uot be aca�iiod�
<br /> . by l.ender wbea tbe uaivaif�il'icy of inwraaoe i�wlelq due w i�er'� t�ilure ta�anit a mo�t�e iaat�atr
<br /> pranium to tha Secretary.
<br /> HI`
<br /> lARAf�A�7111 L1�D OP 71�lIfT
<br /> an..r sp�.+.rr.IMSI w►ue !'a!e 1 of 6
<br />
|