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201602161
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Last modified
7/23/2017 10:36:03 AM
Creation date
4/12/2016 11:19:10 AM
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DEEDS
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201602161
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2� 1 ��21 � 1 <br /> ���Frior L1�ens. <br /> Ba�•1•�awer shal� pr����p�ly c��s�ha��� a��y lie��whic;h ��as p�-i�r�ty ��et•�his S��u�i�y Ins�rui�7ent <br /> ��nless Bort-owei•: �a}a�;r-ees in wz•it€n�to�h�pay���en�of the Qbli�a��on secul,Gd by th� liE��in <br /> a�x�a��ne�•accep�abl�to L�����r;�b}coi�tes�s i���oc�d f��i�h tlle l i�n ��y, a�defends a�aix�s� <br /> �nfo���e�nen�of�l�e li�n i��, legal p�c�c��d����s���l�icl� i���h� Le��d��•'s o���n�����opez-at��:o pre��en� <br /> �1��e��for�ement of�he���n or i�orf�i��Fr�af���y p�r�of�t��� Property;or�c�s�c�ir�s fro�z-��he <br /> ��aldcr of t��e li�n���a�,�•ee�ne��1.satisfacto�-y�o I_1end�r su�oz-di��ati���tl�e �ien�Q a�� a����u���� <br /> secu�-ed byr�l�is���urit� [ns�ru�z��;��t. If Le��dcr d�te�-i���t�es tha�a��y p�rt af t��e I'rop��•�y is <br /> �ubj�cfi t�a I�en whi�h�r�ay a�tain �riarity o��r tl�is �ecuri�y� Instrur���flt, L�nde�-���ay�i�e <br /> Bor•r•a���r a natic�iderl�ify�n��1��lic�n. BoY•r•ov����s1�a�l sa��sfy the lie��c��-�ake�ne�z•��o�-�af <br /> �h�ac�ions se�foz•�M ab���wi�hit3 t�n��D}daws of�he�ivin�of nc��icc. <br /> l5. Re��tion5hip�o Se�on� S�curi�y �n�tru��ent. <br /> �a�Se�vnd Security �nstrument. I��o�•de�•t�sec���•e payme��fis wl�ic��tl�� Se��•��arJ� r���������k��o�r <br /> �n bei�al f of�orrar,ver pu�-s��a��t�a�ec���a����S�i}��}�A�o F�l�e�Ia�i�nal �-�oiis in�Act ar�d�h� U�an <br /> .�gre�m�n�a�he Secre�ai•��-�as r�c�uii•ed Bo�•�•owe�-�a exec���e a Second Nflt�ax�d a Secor�d S�cu�•ity <br /> I��st�•um�nt�n the Proper•�y. <br /> �h)Re�a��ionship af Firs�and Second Securi�y Ir�s�rumen�s. Pay�nen�s 7��aade by th� Se��•e�a�•�f <br /> sha��not be ir�cluded in tl��d�bt und��•����hote un�ess: <br /> (i}Th�s Secu�•ity Ir�str•u�z��i�t is assi�n�d t����� ScG�•���ry;o�- <br /> (ii) Tl�e Se��•e�:az v accep�s�ei���b�T�•�ef���nt by t��� ��end�r�f'e�r a�l pay�nct��s�nade ����l�e <br /> Secrc�ary�. <br /> �f tl�e c�rcuinstanc��desc�-i�ed il��i} or(��}occ��a�,�h���all paym����s b�the S�c�•eta�-y�, <br /> �z��luding in��res�tiza�he payn��n�s, but exGl�idi����ate c��a�•ges pa�d by the Secre�ary,sl�all be <br /> i��cluded in the d���uz�der t��e N��te. <br /> �c) Effect on L'orra�ver. V�1he�°e ther� �s y�o ass i�n�ne��t Qr re i t��bu�•s�����7�t as described i n�b���}o�• <br /> ��i�and th�Se�ret�r�i�akes�ay���en�s�t��ot•�-o�����-, the�-� ���rav����•s�all no�: <br /> ��� Be required�� pa�amoun�s o��ed under��he No�e,ar-pa�any re���s anc�re��enues of�Me <br /> Property undci-Par•a��•aph Z3 �o Le��d��•�r a z-�;c�iver of�h� Praperty,uY�����he Scc�-�ta1•y has <br /> r�Quired pay�n�n�-in-fu�l of a1i flu�s�anding p�znci�a��nd aGcr��ed int��•��t unde�•th�Second <br /> N��e?or <br /> ��i} Be obli�a��d�a pay� inte�•�st or sl�ar�d i��3�I•�ciation �€n.e�e�-�he��at� ��any ti����, whe�l�er <br /> �G�r���d befor�o�r�ft��•�he ��a��2n�;��.�s by�tl�c S�c�-�:��ry,��nd w�e�hc;�•or l�c�t�c�rued i���er•est has <br /> U���� i��c�ud�d ii�tl�e pri�-�ci�al l�alai�ce ux�dcr�he:Nt�t�. <br /> �d�l�o Du���f the�eere�ar�.Th� Sec�•��a�y llas t�o duty�o Ler����-�o enforce�ovei��i��s a�'�he <br /> Se�ond S�curi�v�ns���u�nen�or to tak�act��ans�a p�,es�r�ve���� val���of�he P��ope�-t�, ��fe�� though <br /> Lend�r m�.��b� ur�abl��a�al�ect a���oun�s��f�d und�r th�l�rc�t�bec�ause�f res�ri�iior�s in this <br /> Para�ra�h ]S. <br /> P�i�c S of i�# H E�1��I I�irst I��eel��'"i"rtast-?��� <br />
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