|
' ,�s.�:,;� ` f z�.' :.'�1��-':Y:r1:;::t�. - .. < x .. .. � ` _
<br /> .. . ,. ,
<br /> . •
<br /> — . . -: ,�.,. - • -
<br /> .,.,
<br /> .= . � e
<br /> . - . _ � ., � i x
<br /> �: : a . - ... __ ..._ _
<br /> �''� . ' I•7S t l ' F•��� . .. '' ' .. , . . . _ �. �.
<br /> - . ( E�- fl ..F - _>`i_ .�.. .
<br /> . . ` ,
<br /> � 'fo � � ___ -'.-`,.
<br /> .���_ .�—J.�_'�' ' "i. �zt—.tc�_...c.. ...._-.._..� • - .. ___ �f� r , . .
<br /> '--��".._.. , `- '�--°--.
<br />. . -�- . - . . , _ c+.-.
<br /> < ,- ' ' ' �
<br /> _. , .. ', �.r _ fi��� �V��� . ,�. .. �t .
<br /> . � `�. . • cina�mstaaces_ �or��vet sha�t:�tpt��t waste or destray,,dama8e or suR�stantLy c�ge tfle Praperty or aLaw tise -_._ _ �-.�`�=
<br /> , :; , . . �-"•..T,_:'.�
<br /> -.r i Propett�� t�:deteriotsta. r,GU9ottAtll�:t'v.r�t aud tear atceptod. Ler�dsr may inspect the Rr�Bctry if the Fropetty is va��ttt .- '�"`y''";�'.:
<br /> � or abaadoncd. or the lo�n:t��dKffttttttc Lender u�y►take reasonable artioa w protect aed preserve such vacanc or ;:;:;,:�r§',��.
<br /> ' + the toao applisasion procest.gave muerially `,` �� ;.�• ..:
<br /> . . ; ' abandaaed Fcaper�,�.. �ostpivs�st1A�t;�Iso 6e ia defauit if BorroR•rr.duzia3 . -
<br /> ` ' � ::._ F. ._ .
<br /> fatse or inascvrate infqmm3lart nt.�ts to Lender (ar failed to provida ixnd� with any material informatio�) ..
<br /> . . ' . �•`.<� m.curu�ect�on anW Wc Wan.evtd�c�,bythe Note.iuctuding,6nt noc timized to.reDrPSentations aar�ceraiag Sonuwe�r'a .,..� - ,,:",�.,'•
<br /> • � , ;,i arc,vpancty� of fhe Ptopttayt'as A P�nsIPa1 residenoe.If this Seauity tastr�} is oa a ieas€iiold,Barmerer sba12 cou►�aip , �... �.��. '`::
<br /> • • : with��h�pre�n�ians �f the t�at:.1P 8otrower acquires fee atle to the Propercy. tfle leasehaEd and fee title shall aot �. ,.`
<br /> �- : i be raecgcd nniuss [.,eadat a�t�ers-to.the taerget ia writing. .: --
<br /> -' —"::� 6.. �A• Thet�af aay award oi c1aIm fcsr daraages,direct or�a,�_,,,�.�� ia eonuection with , ;._ .
<br /> `� .` . �`_ ; � an�raad�ntauan. aa cthet mis�g�R aay gart of the Fropecty:oa fac eonveyamce ia place of c�nde�atzoa, are heceby -�?< 4
<br /> . ' � assiguea and shall�De psud ta�Leadtm to.the eatent of tL�full amovnt�of tbe itdsbiedness that carains u�aid��uacset , ����1 :.;.
<br /> � " � � tlus 1►�tts mnd thit�Sccucil�l.•Li�ument. Lea�der.shall apply.s�uU_pioceeds to t�e reductioa of the ir�h�rd�ess.uadei :. �,f��r...;
<br /> th'
<br /> ' :�e? the'Dtaat aa�tht�S�ru�•It1.,�ttnmait. fust co any,dElinquens,a�nua�s aP?liad in the ord�r provided"us p�agragh�3: ,. ` � ;�
<br /> � `}` i < . and�thea,ur p�epay�sen� aE��;slQipai. AnY aPPlicetion of t��prasee� w tlsee princlpat sLaIl not e�mead or pasqxinc J
<br /> ,
<br /> i;: i, ..� � t�duB dat�q�"f�ranatbl�t�:A4i'�ts-whizh are iefemed w.in para� 2{os c�ge�t�e attsormt:a�soch payt�ents. ,. _
<br /> .. . y,`• . q������pic"sr.ah;immuat �equited to pay a}1 aussta�dfiag in�debtedcess.vad.�r�tt�e Nate aud this Sea�itpr• .. s
<br /> . k.d -� � I�Iyfi�sh�i,6e gd�d"ib;t�'ia eutitY legallY�titled tize�: � n
<br /> � �y� /��■�..,.�,,� ��p�p
<br /> f! --��Ji A .`i'. �fY�.iK����N� �� `��i11ii������rj�. Sonctivier s$alH pay at�-gavemme�tat �:. � .
<br /> . � e�
<br /> ',�• ''�' or miwfr.i�SAri;abitr�qs:,•f�as�and imgositioas that are not Irst�in pazap,raph 2. Bormwer shalE pay.ti�se obkgaanns ,
<br /> .� �< < r` '•? � •�� � �whicb is owed the L��u.'�e w��Y aroutd advetselp affec[II�er's iaLe[est in .-.._�
<br /> . ,� ; ott,ti�m.di1�2,�°.fji�lha:eotity. PaY�• . � � -
<br /> oti
<br /> ` tha Btqp}}(t on�e�fs c�cst Borrower shaU pra�'��to I�eudec ����� PaY�� .h
<br /> �� - � I �}� .�.!-� \' �t' ti ..0 . __
<br /> �,,4�fi�Gf`�� £ Y�'8iti�+�'ieE.fails ca tiralcee fit�paymears Oi t$e Fay�.""'��'t�y A�� �:tiss fazs Ca pEtfOrm auy othet . ��
<br /> , . g�+�`:�- � _ co��p�:�a��a��'m this Sec�uity T,��^�.���a���.�saY s�Sn�firaatlY - }` -�-
<br /> , ._:��.� . —
<br /> . �''.' affect Leadeir a�� in ttie prageRq tsu�. as a P�S �,��'� for coademnadon aa�eaforce laws or - —
<br /> . -.,
<br /> , ti�ulatione). titeu F�atter may da and pay w�C..'vec is necessary to ppat��value of tiae Proper.g'��L�ender's�ig�►ts ��:
<br /> . . . ..;'; _ ; � in,the Pt+operiy, including PaYu�euc of taxes,ha7ard insnraace aud otia��tems mendoned ia parag�h 2. �' .. ��^
<br /> Am�amounts disb�used by Irader ua�ter this Pa�a� shall �ame an additional debt af.Eoaow�r � 6e � �
<br /> • , a4t
<br /> . 3 '` ;.�<.Y-�_
<br /> .� . . -�= � secvtvd±�l►this Se�ijY[asmimwt. 'IT��nts shalt Dear i�ec�� fsvm the date of disbtetseteeaf�at the Mcr,��
<br /> �,.; <�i � aud at c�+e optiea of Lender shall be i�at�IY dut aaQ paya6I�., '.. � .. `
<br /> • .:_i ' wer� r� e an lien whic6 has pxiority o�s�Security a�t'r�s Bas�owe�� (a) '�°�`,
<br /> �� � �Y � Y i.,�.......�. � ��.__
<br /> � ���,,� ..�� � a�ra�¢�wtItia�aQ,tfl�Pay�of the obligation se�vted by the I�Iea��maaaec ac�piabte to Iir�er. (bj�cQ�a�Sts _.
<br /> r':"��''� • ia g�i., x.�faith the li�em bY.oi I�is e8ainst eafo�ement of tL�i liea�a.l '*�hich in the�,ender's�ptuu�'.�< <
<br /> �P�' �, ,en ���,�,�_
<br /> �'�;',!��� {'` operate to pr�vei�.t*e enfor� of the liea;or(c) secarea fta�u tAx�tte:�ec c�;P6e l uas an agcee�ent �` sr��c9� � t � , _
<br /> �Y�Yf'', �: .� i - �} of the Propz�te� is 4f,^ _ --
<br /> !_: i to I.eader suEet�3U"Tt#nng the Iica to tfiis Seruurity Instrumt�t. If I,��:' .��?� 81sY pamE•. .. . i r;,�.,��„�;::
<br /> s
<br /> •, .� ° su6ject.walie��l�fi�"smayattaia prioriry oversHis SearrI�Y.tnsuamee��-�r�s...qr maygiveBarza��cwttce ideatifyiag .���,,,�, .
<br /> attai
<br /> r�; � . � tbc d�a: Barmvc��ra]I satisfY�e lien or.tak�one or mor�uf the actions set forth ahove w?�Cm�.IlQD�of the g�viag ..�...�
<br /> � ... ,. ,..
<br /> .•. , :; .� o�ru�:t�. � ' , , �Na�=•
<br /> • �Y�: �. Lender �aay oollea fees and charges authd:�ud by the 3ecretary. .� ' _
<br /> 9 Gro�ds foQ A�oe]e�ion oSDeM. . :- .: � �. t � .:`:�-�-
<br /> - (a) Dtfa�tLm: Lender may,excepi as limited hy regulations issued by the Secr��Airy s�i�ri,'-case of paytnent � ��
<br /> • defautt�.require im�ediate payment in fuU,o:aU sumc secuted Dy this Security�s1= if .. �.�
<br /> . ,�� �t.,�. Tc �ty Insuument . . � .�, s�o:
<br /> yt, t ,•. (i) Bornower dBfao[a by faili�g to pay ia fuU a�►y moattilY P� re4 ""�i,�. ��� �r: ..
<br /> , �r�;'f�; • • priot w or oa th@ due date o£the next monthly payment, or � . �
<br /> f t`���'% .` (u) Bor:awc�r Qefaults hy failing,.foc a period of thitsy days.w perfoa��.� '� abllgations cflntained
<br /> `�'���, ,� - ia�Seca�rity Iasttmnen� � . ," � . ' —._
<br /> �'��t����� � (b) S3t�� r�edit Appmwalr D�der sir�d,i8gccmiWx� r�r��plicable law�(ins;uias�,secdon 341(�of: ,
<br /> + 'i;���,�;�� '�r� . � the Ga�. Qenmin Deposiwry I�astt:.'�?,crns r�,tt�c�198�,1��:�.G 1701j-3(d))and'r��e prior�L�oal� ` ': `Irc
<br /> '�tk3q� ; 'i
<br /> n� ~� '`
<br /> . of We �Sta�}+. re4wre i�ed�a� �n1���ii�c�f all svms secured by t�ia Security mstrument if-.. 'tF, T;._<
<br /> (ij' A7��os part of the Pmpe.rty,�.a beaef�iaL��st.rest in a tiust owning all or pan o�.�*e Property.is sold � �..,� :_:--.
<br /> _ -= r�� �. or uxel�vrise aansferred (other �'nan.by devise ar dCSSent), and . .
<br /> :.� � , (ii) 'i'�e Property is aot occupied by the pm�aser ar�tee as Lis or her princi�al residence. or the
<br /> � � �'i put�cbaser or grantee daes so occupy tlte ati.,-�ct�r,'(un: 11L� or her d�3it has,not bcen appmved in �� � ,�, .�,
<br /> , ' ' ;� accordance witls the r�qoirements of the Seaurary. .� �: ^� �
<br /> � (c) No Waiver. 1i clrcum�tances acrue that woWd pencuit, 1:�co.seqc�.�r iamaecfiate payment�ia fiil1.but � �1;� a t .�:
<br />';i_ • : . _ .� Lender�daes not require svc�pay�. l.ender does�lot w�vt�rights with tespect to subsequent events. � •�-":;,t,':?�:„,;�:•:
<br />- - � .:1 . (� Regutatiana. oY H11D Seaeta� ?:� maaY �� �ations issued by the Secc�ary will llmit t; ',,z�S'',' -
<br /> ��;:��°
<br /> � in the case of a defauirs.w require immedlate payment in full aa0lorectosc ifnoE gald. ���.�S/t�'"
<br />-� � ..�,,1,:.; l.ender's rights, P Y��� '�;�:;53�' .,,.
<br /> ; •:��14<<;,; This Securicy lusuuatent does aot auQio�e a�at�aa or foreclosure if not permiued by regalations a�t�e ';;����; '
<br /> �ti'�:,;;;;; � Sect+etary, . . �;�
<br /> .. ; ,� :,.. ,�,..:,�.
<br /> _ , .. (e? �e Noi Ensmed. Batruwec zgc+ea�s'd�ac if dus Secudty fnstrument aad thc Note ac�not detes�ined ` `'.
<br /> � � ' �' � ' w be eli.gibte for insurance �mder tJre�National Hausing Ast withln 60 DAYS from the �
<br /> � date flereof. Leader mny.at its optiaa requtre imu�edt�t� psya�nt ia fiii!of all sunas secaeed by tlua Securiry
<br /> ;r :,,..�;:.� . m d21sd subsoqttent to ri:.:f:
<br />- - ;'��;;s',•:��'`' Iosaument• A amuen statement of any sutf�orixed agent of the Secretary • :�;.n,i:
<br />'�' I '.:i�.,;;�;;`�:' �.� &0 DAYS from the date hereof. decllaing to insnt� this Security I�t and tiie Nnte. shalt 6e .:`:,�;
<br /> . ..�,;� � 6 � • � '
<br />�. ' ` deemed canclusive proof of sucb ineligibiliry. NotwithstaadIng the foregoing,this opdoa may not be exe�ised E�. : r'��
<br /> i.; • } by Leader when the unavailability of iasvrauce is soleiy due co Leader's faiInre to remit a mn�4gage insi.uaase
<br /> a:.. � � . � premium to ths Secretary. � . •
<br /> . , _
<br /> - t . .
<br /> " � . � � [�c� n�oi+7'eUSr' � �' -.- -_ _. _ ..
<br /> - . '� nrmme�s�n.��scm xs�xs Page 3 of 6 .. .
<br /> T: .. ` .
<br /> � . .
<br />,._ . . ,
<br />;,, ��.�, .. �
<br /> . .
<br /> ,:�` : �
<br />:.:; .. --
<br /> _ _ . .
<br /> -� _
<br />
|