|
�i_ � ���,,{ � �^z�t.�_.__�— s �c.� �.t�$��.�'�c�a. S�^`'a`�,;_�
<br /> �.` � Q� 1 � � � r � ����1t��s���'� �� - Lk ti .--
<br /> � ; . - -o- f : � � .!t �����r,i2 � 4 ��n �'f�, y � _ �':�
<br /> . �_ ..,.,�,....:`5•-;.a. �....: Q :�'�` " -_1 ..q .�, �c . .n- .iti .1 ..�Kyr `�:
<br /> • 1� '. f�Y f Fi�' P
<br /> •y�.� .,._ . :'�i ' . .� ...n .
<br /> � .
<br />, ' . .v •.�.•.1_ , .•. •-.. ' �: (... .�-. ..t�..a'._ . . :? � .;
<br /> I I' l.yo t
<br /> �Cl h�
<br /> Z'"
<br /> _: ��`��: . 9�_�e�z S�rI ����y`r:,��
<br /> 14�_.. ... .. :�:_. . .. .
<br /> ' " ��_-.:a.'��'' • L�dar maY.at any time.coil2ct and nntd amcurts toc Escrow ttems m an aggregata amount not to exeeed the m�dmuttt .,,,�•� .
<br /> ..<._ .. _ �
<br /> �.:..�,:' 8mour�t tha!may be tequhed tOt Bortowers escrow acCOUnt under t1�e Real ESffite SetUement Ptacedures Att af 1974. t2 US.C.
<br /> `�. "; `�`:5a,.. �26�1 fl.t�s and�AlemeM�s9 �B+i�ns. 24 CFR Part 3500.as tueY �Y Oe amended ttam Ume W wne('F�5PA`?.exceAt :r..;i:
<br /> ' '.` . �* ttfat trte eushtan Ot �essrve PermRted Dy AESPA for unantic�ated dis4ursements or diSDurssments befoce the 601rawers
<br /> . `�`,; peymen�s.ere 8v8Bab�tr►tRA eeaount may not Ee bflsed on amounts Que tar tAe mortgase a�surance premtu�n• �f;�} ' .
<br /> r`,``,`" � `v' -`�' [t tti9 em�unis hB(Q Dy lettQet tot Escrow items exCeed the erttounts Dennitte4 to be held by RESP0.lender shBU e=COUnt , �.4'._
<br /> . <:",,;.:-` to Borrower tor the aacBSS(unds es teqused by RESPA.11 the amount�of tunds Ae�d by Lander at er+y time a��ot suftic�t� ,,�::� .. ....
<br /> ' `,�.`��.^���' �;°:°' pay the Escrow ltems when Quo.tender may notdy the Borrawer and requ'�re Bortower to make uD tne shormga as perm .
<br /> �-.t �� ��� a�a �
<br /> . � ' Zhe Escrow Fuads ate D►eCSaO as addittortal security!or aU sums secured by ttiis See�tr�Y tnstrumant It Borrawer tenQars
<br /> '��� � t uf 81! SuGh sums. Borrowers aCCOUnt ShBU be CredAed wdh the balanee iemainin9 fat aU insmIDmer►t ` � �.
<br /> �_',� tp L�t�r tlta fu�QaY� .�
<br /> . •., ' Qems (ab(b}. and(c)and enY moR9�4e insurance p (uedsm0o o�roexerthimm d t�hr Pdoc o a toreetos re sste af�ProPertS► '� ='-
<br /> � -. :�'}q' Secretary.and Lender SA811 PromyUY cetund anY exeess "•`' '°
<br /> - _-' � :�...y-�,5- ar ds acQuts�ion by Lender.Bomowe�'s accoun!shaD be aed�ed with any haiartse�emammg tar aU mstatiments tor itesns(a1.(�). -.s� � `
<br /> �; �
<br /> anC(ab ` ,a�.�
<br /> 3.App1�C8fI0e!Ot P8y�11Ei1t8.All PaY�nts under Para9raDhs 1 and 2 shaU be aDPf;ed by Lender as taLbws: ,
<br /> • F(fgt,to the martgaBa lnsurence Prem�um w be paid by Lender to the SecretarY or to the monthry cha�ge by tAa Secretary• }�,'v
<br /> ' �~ .'' tnstead of the mantt�tY rt�c�t9aSg�surance premium: ���:_. •-
<br /> � ' SQCORd� to anlf t�es• specta= assessmmrts. �sehoid payments or ground rents. and fua. ftood and ott�er �8rard . __;,�::
<br /> �N Nsurascce Dremtums.as requtre� . . �_, �-
<br /> ., �• °:• ' '�i jtd�M Utt8t0Sl dit8 UAdET t�tB NOIB', . ��.�_'`
<br /> ,�'-
<br /> ��'' � ��"'' �dqf4�1,to ertwrtiralion of Ne prfncpat oi Uie Note:en� � � =" -
<br /> �'t:� . , ; . • RRh,4o Iate ol.R�ges due under the Nota �., .�--
<br /> s � { ,t.�, � �¢
<br /> 4.Fire:Fiaod and Other Na�rd Insurance. Bomower sha� insure au 6nRro'rements.on the Properiyt.wnecner
<br /> �`4#4�
<br /> :h'`:.``': '"` ' st any haards.easuau�s.end cos�ttn9eneles. m�iuda�9 fQa,tar.whtch tender • �__._c -�
<br /> ` now B�e�dstence or subsequenLy erecte0. � c�.=-"r=.
<br /> = �: .,:���
<br /> ••'�;:,.: , re�6ss(nsuranee.This�surance sha11 be maintainad in the art:curs an0 for the pertods that Lender requ6e�.Borrowe si�l� , -.
<br /> . ��''F� also tnsura aD impravements on tAe Pmpeet�l.whether now m�ee or subse�uentry erected.against toss by ftooQs oa t�'e � a;����
<br />' , .r• .( • e�Qent requttad by the 3eCretarY.M insuranee shall Ce canie0 wBh eompen'�es ayproved by Lendec The m�u�sce OoCt�es and '�,�.. �`
<br /> • i. . •:�, ' ..•.: te c(auses tn favor W.end a�e tortn eeceD�1�ts.tenQert p�--
<br /> .w•f z;�:�.:•.i.:>�. � any renewats sha0 be held by LenQer an0 shall tnctude loss paYab �
<br /> CF`:..��'
<br /> , .:�- • M the even! af loss. Borrower shall gi�+e Lender immediate noNce by mau Lende►may cnake OroOf of loss H rtot a�►Sde @,:,-.T
<br /> '.�..�„ • -� �prompt►Y bY Bartower.EacR insurence campanY concemed is hereby suthori�ed and dtreated to make payment tor sw��SSS, �`-E'='.
<br /> • •' ��
<br /> • � �.� , directiy►to L+ender. tnstead of to BoROwer and M Lertder IctntN.au or anY C�af the tnsurance Proceeds maY be eGP�?.�1r -- --
<br /> ,}..;:-•. , ;r: � ° ;
<br /> '', ,, lenQer�at Rs opti�rn eDher(a)ro Me�eductton oi tfie tnQeLtednass under C►m2 Nota en0 this SecuritY tnst�uumen� f�st to anY
<br /> ° . - . . deQnquent smounis aAOCed in Me orQer in Pera9�'•'=3.end the^to prepayms�rnZ af principal.or(b)to the restorotion or wDair ot �
<br /> � � .'� • the Qarnaped ProOehN• �9 aDD�tion of the Gra�=eCB to the p�Cipal shali not extend or postpone the due date ot Me �..�.�-�
<br /> . maza73sf�payments wA1cA ere ret0rrod to b� FSra�h 2. Ot change the 8m0unt oi sucA payments. My excesg tns°��e �s =
<br /> -� ° procesds aver ari amount�equired to pay ail outstand�9�Q�"�"�s under the Note and thtg Security tnsuument sha�be pat0 a =
<br /> ... ;: w Ma entfty tegatry►entdted thereto. ., " �
<br /> In the event of �orectosure of this Secur�ty +�rsUUment or other aanste� ot tftie•to Ne PropertY Y�Ex�t9�ishe� �e �r
<br /> . ' `! c�d22ttadne5s.aD rlghl,tdte ana Interest ot 8orrower in and to fisurance pono�s tn torce shao pass to the v�cAaser. F,^. . -
<br /> . �� . �. Oceupancy, Preserva t i on. Ma in t e n a n c e a n d Frotecuon ot tAe Property; Botrower's �n , .-�.�.,_
<br />- ' AppBcation; Leasel�olds.eorrower snan occuay.essanrsn, ane use me Proveny as eor►awers nnnc�oa�res�aence'�+m , �:
<br /> � sDay daye efter tns aecuUon at tnis Securriyr�nsb'u�ant(or wRhtn sbcty days ot a tater sate or uanster ot the Propertyr)and shaU _ __
<br />- Contfnua to occuDY tna Property es Bortowers princtDal wsidenee for at teast one year aftes the date ot occupaecfl.�� ----
<br /> . t�.determ�es tAat requbemcat wiU cause unQue hardship tor 8orrower.or unteSS erRenuattng etrccumstances e�dst wt►icA acg
<br /> �,:�nr�8orrowers con+.�ol.6ortowsr aAalt notHy tender nf any extenuating circumstance9�. BoROwer sha11 aot comm9�sta o► -- _
<br /> ' .' Ces7oy,damaSe or substantialty change t�e Property or allow the Prapeny to deteriorate.reasanabt�wear ena tea��4• _
<br /> ' ^ .'' � lender may Inspeot the oropeAy U tAe Property is vacant ar ebanQoned or tAe►o8n Ls In detauR.lenQer maN teke.re�s�m�b� -.---
<br /> � action to protect an0 Oresenre euch vacant or abanQaneQ Properry•Borrower shaD a�o be in Oefautt H Borrov�er,durm9 thA toan -�_-_ -
<br /> - ' e�;;�atton process,gave i►iateria�ry talse or tnaccurate Intormat�on or statements ro 1.en0er(oi ta(te0 to provtde lendet�+ldb anY �;.^„_
<br /> ,' �'`•�• ��.� r.�`+q!intortnetlon)in cannecUon wfth the toan evtde+ice�by the Note,NcOiding,but nof fun�ed to,teprese�taUons conCBmirt9 �,,,,
<br /> . ! __._.
<br /> � � g�-�r�8 a�cupsn�y o}tAa Propertyr as e pMcipa�residence. If this Security (asM�menl b�on a FeasehotA, Borrowet shaU�
<br /> '' � • �' ' ; compy wfL's t,`r��ovis►ons of the tease. If Borrower ac4uUes feo titl� to the Property.t1+e leasehotd an0 tes U'1te shal►aet b» �y
<br />-- � msrge0 untess".�r�Qer agrees to the merger In wriUr.g.; � . __
<br /> � � • 8. Condenr�nation.The proceeds of any awacd cr:�i��or damages�dUect or consequentiaf,in eonnection wnh any �._;.(_,_
<br />..._ . i:�-'T:
<br /> • �� �'•�•;.,�.. ca.�Jemnatian or otAer teking ol�eny Oari ot the Propeny.a?"".�conveyence �n p�e ot ConQemnatlon,arD hereby asst�sm!sa� �__
<br /> � ' ' st�a0 be patd to Lender t0 the extent ot the NH amouat cf:�+e tndeDtedness t�at remains unpatd under tAe 1Y0t9�d thtS �_.__.
<br /> •� . •"� Se�urdy lnetrumar.t Lender shetl apply such prp�aeds to the reduction ot the o�Cebtemness under th��tcC3 en0 M�SBCU�iry �:�Yi�r_.
<br /> •• � Insuument, fust t�eny delinquent amounts ap;:�m the orQer prwided in PeragraAb 3.eed then to p�'tFaYment of pr�tciyat �,r::
<br /> • '' ,� � A,�:y[sfpliceCon o4 the proceeds to the D����P�s�0 not c��d or posipOne the due dace of the monthiy payments,vTkb 6re �:_
<br />-- � ` � ��. re4aTa0 to �n Par�g�aGh 2� ot C1'rnge the amount ol5uch Q�vmems. MY eYcess prOCe8c9s aver an amount requrt�a0 to pay aU ����_�..
<br /> ,„ entiUed thereto. �.,.:.
<br /> - " � � outstandfng NQeb'.edness under the Note an0 this Secur�yr[nstrument sha0 be paid to th9 entityr teg8�y►
<br /> -' � 7. Chmrgea to Borrower and Pro20Ctton of LendeP's Rights In the P�operd�/.e�rowe� snaD pay an
<br />:- . , � govemmentai at muntcipal eherges. fines and imposiuons that ere nOt incNded in Paregreph 2 Borrower sheU pay these
<br /> - . � obllgaUons on time d'e�actty to the entiry which!s oweA the payment. It failure to pay woutd adversety affect Lende►'s intarest ln
<br /> � the 7roperty,upon Lertders repuest Bonower shall pramptty tumisn to Lender recetpts evidencinp these DaYmenta.
<br /> - . :,� If 8arrov+ar ta�s to maka these payment3 or the payments reQutred by ParegrapA 2. ar faits to perfortn�tr►y Other Covenanta
<br /> - -- aisd agtEaments eonta�ed in this Securityr fnstrument,ot there Is e legal proCeeding thet may Signit�anty aftect Lendefs rigt�t9 in .
<br />__ . • the CropeRy�(suc�ss a proceeding in bankruptcy.tor eandemnatian or to enteree laws or regutattons),then tender may do and
<br /> . � • pay yvhatever Is necessery to protect the value o!the Property an0 Lenders rignts in the Propeny,incluC'mg payment ot ta�ces.
<br />- � � � hazetd insurance end otner items mentioned in Paragreph 2
<br />-.�, . . . . .. .
<br />-- . ��• . ibet9.tMO(e/97) vaye a ot s ... .
<br /> . .. . ..
<br />_.;_ � '
<br /> _ ""- .. .. .
<br /> , �
<br />__ . . . ;
<br /> ' . 66B .
<br /> ,< . : .. � '. .
<br />
|