|
� . � . ` � �` " . . . ' ' � _ . � . , � _,` ; •
<br /> ` , c. ` ' ` ' . � . ' � . . . � � ! f � , .
<br /> , � � C � � ` ' ,� ,
<br /> , i . . . ` � , . . , � . a . .
<br /> 5 .` _ ` . � . . , ' . .
<br /> _ , . . .. ' � � _ - '
<br /> .
<br /> . . ..
<br /> . , � `
<br /> � . � . .. , ` . , • �_' � . ,
<br /> � - -----_- 102'782_ _.
<br /> -- --_ -,�-
<br /> , - =- -- ==.-- -- �---_ � _
<br /> ,-. -- -- t.lh�aNt�t�tl�tl�t„Men�t�f�e t:�t.8otro�rcr ih�1J�aY wht�n dus the principa!of�and intesesi eti.tQe Qebt � �
<br /> . evide�d b!tl�t Nae aad Lce c6�a dae uader tht Nae. : � _ �.
<br /> , ` . . . .
<br /> , � f.lM�IMfr��Tt�w.Ir�w�s�Ot�er�r.Borrowa ahali iactade in ach moathlx WYmrnt.tojether�rith �
<br /> _ �"" tOt prieclyrl u�d iatetat as�et tvcth ta the Not4 srtd any i�te cdujQS.an Iasta�t fli ut�r ty t�.sa and sQeeFal as�ts. - - �.
<br /> � : teried,cr to i�e ievfe�a�ioit tI[�Ffopttty.ib)3ease6oi8 D�ymet�is or�totmd renta on t6e Ptoperty,aad ic)premsums tor � �
<br /> iewraeloe ne4�rcd bT Para�api�4. �
<br /> �" Ea�mo4tfit�iwtaffiaant!or ifems p).(6)itl(cY�al!eqaa!one•twrdflh ot the an�val amauaa,as rasoniblq atimued by '. -
<br /> ; eqa ! _
<br /> Leadet.dw aa aaonAt wlSdeni ta m�intain�n addtional i�lance of not more thau nae-xixtb of the atimated amot�ts.'�'he
<br /> n
<br /> : ht a�twt�ooet tor acA i��6all bc�ecumW�ted�r Lender+vitbie a peiod eadin�onc month before aa ttsm�roWd . ,
<br /> cum
<br /> �. . ' aeo�aedd�eqoe�t•t.eader 1�A�6old the amouats oo�fectal ie troist to ps�items{y,@}aad(c)befm tlx�r besome deliequeu. ' .
<br /> ..,.� � , � if�t a�tLne tie Wtalof�Le Pt�rmmtsle�tlQ by Le�W�r for items(a}.(b).aad tc).to�ether with tire futur+e montlily payments
<br /> . .; ta�icsie�P�Yabre co La+de�pcior co tUe due dacea oi scrh icems,ezc�eds fsy mart gtu,n dne-sixth ihe atemued amount of
<br /> ' �� p3'�ts requic+ed to pap such ita�tt wrba�d��and if WY�is on the Na[e are ca�na,then Lender shall eitber rcfund the � .
<br /> , � e�+ear ara ope-sixtb ot the�e,d P�rinara as credit�e e�ova flne-sixt�s ef ihe asumated paymmts co su6scquenc -
<br /> � p�ments_blr Hoa�nrer.at the opdon of Bonro�a.It the totat of t�e paymenss mads'hy'gortowa for item(s},(bj.or(e)is
<br /> � • f npnitldest to pAp tbe item wflao du�thea Bertmwa!,haU pap to Lender any ama�:n4 exes,wy to malce np ths detideacy on or
<br /> , � before fbr d�te tlfa item bticoma due. ,
<br /> ' As s�aed�In th�Secnrity lnsuua�t.'`Sect�xar3►"rneass ihs Secrciarg:of Housiaa and Urban LteveIop��;�r his ar hrr � '
<br /> . �� deti�atee.M0�5[ebtitY Instrumrnts insnred b�r tDe Secte�,-�ara insured utsder pro�ns whicb reQci-a�vauce papment of the
<br /> ���i+�»r�e prenlium.if tTiis�ty TnstKUekat is'or w�s�rtd under�t proarfla a�.�}t d�d tiot Requiie�dvusce:
<br /> � � p�oeat At tbe epttte mort�e enwrance ps�pr,n�;thea'a�i�monthl�e��ent sAsp�lso includden;�r:C?��ust�flrne�tt of tLe '
<br /> iu
<br /> } '. ' . a�nuai a�oe!{�e i�wrance premium to 6e;�p�C!bY Lcader to the Saq`s�rY.pr[ii)4 mOetflly c�e ins[tad s�f�alortpit •
<br /> .�=s` iawcance pcea�iuutpg thi�Security JxsstFUesenr is 6et�b��e Secutars*. �arh maa.Ct�y�instaWnem at thq mortgaje•insuraace '
<br /> Pt���11 bo in ar�+unawi[�:�futisnt co Accumutstr sF��c full anrtua�mort�e i�ce premium�vith t.end:r one month ' �
<br /> . . '., pdor so the date ttse f�II�r.u�;�#���insurnnce pr�si�.�t due to t!u Se�crsfar},ar•Ff tfii�Searritlr lnmameat i�hetd Ay Ihe . � . � •__., , .
<br /> ��4'.ac�e ,f�..-"�,'�ge s�i1I be in za amount eqv�l to one•twelfth af one-l►alf ptrc�.���1fe outstandinj pcincipar :. �
<br /> �bWace Que oa e�ie"�'e�et: � ,.
<br /> �.. � . t0 Bono�-te�sders co LenQGS;he foil p�yissent of atl sv�,s secured by chis Secur�ri,:�r�:..�ttyt..�s°rower`s a�nnt shall be : •
<br /> • �TeAi��`w�ieS� ttis bylance rcmuaitt� far atl instalJmen¢s.4"�F items tz�.(b)and fc3 a»0 nzs�.ra�s�gage insuraua premium
<br /> in�a�sc�t t3�t l.�endtr has not become obligattM to pay to tHe Secretary.and l.ender�fiall p:amp�:�y exfnnd any exsess funds to
<br /> ' 9otrorrn. Immod'uteiy ptior to a foreclosure s�le o!thc Property or its acqaisition by Lcndu,�atrown's sccount shall 6e
<br /> � cradieed with u►�r b�lae¢e�emunins for�It insallmenu tor items(a),(b)and(c). ;
<br /> � �.A�/reMiy of h�e�b.All psymrnts u�sCer paragraphs 1 and Z shall be apptied by t.rndet as fottoa;s: ,
<br /> ; ' @j$$T.to the mat�a�e insurance premium to be paid by l.endrr fo the Secret�ry or to the mamAty char�e by tha Se�cretary '
<br /> inpad of the rqanthtp mon��e insun��ce premium,unfess BonoWer paid the rnure mortgale insur�nce premium when this '
<br /> i S�curlt Instrument wss siane0; __,.^
<br /> ��O AAy 1���ipC'Cli{��iSCS9!l1ClIlS.ICaitht►!A na}mfn�..nt�^.��:tti�.CiriS.oiiss,ifC.�QOO QfI�Ql�lf�liDZLJQ[i14Q�jICt
<br /> - ----—yR1�ty���(�YlflQ� � �'''��
<br /> .tA interest due urtder the Note:
<br /> ' ,to amortiyttfon at the priacipnf of tfie Note; _
<br /> F1�T�,to I�te chu�d due under the Noee. -
<br /> �.�.FMM�M 0/1�+r Hu�till�n�ce.B�orrawe�it�sli insure all impravcments on the Piopeny,whether naw in exutence
<br /> Os Wbsequenlly ttected.Mytinst sny huAtdy.cuualties,and cnntingrnries,inctuding fire.fot whirD l.ender requires fnsur�nce. �
<br /> ' 'i°ffls uuurance stu11 be m�int�insd in the amounts and fur tAe pe►inds thn l�ender requlre�. �ortmrer shal!also insure�li
<br /> # imptavtmenn an the Proptrly.wBethrr naw in eaistence or subsequently erecKe4,a�aimt tass by iloods to the e�trnt requireQ by
<br /> theSerretary.All lnsurarke ehall be carried with cumpanie�appraveQ by l,ender. 'fhe insurance policies and any renew�als shall
<br /> be held by Letx,kt and shdl inctuQe loss ti�yable rla.uses in tavor o!,and in A torm aueptablr to.l,cnder.
<br /> . In the erent of lasf.Borrawcr ahal){ive l.tnder immedi�te nutice by rtiail.t.enQer may m�ke proat of toxs if not msde prampt-
<br /> , fY by Horrawer.F.ach insunnce cotop�ny conrtrnea is hereby�whorized�nd directed to m�ke p�ym,ent for sucA►oss directly to �
<br /> Leeder,�nite�d ol t0 Borrower aad to t.mdet jofetty.All ar any pan of Yhe insurance proceeds msy be aDplied bY 4ender.nt it�
<br /> opllon.N1her(a)to tM�e reductbh o!the indebtedness unacr the Note aad this 5ecurity I�trument. �rst to any Qetinpuer►t
<br /> amount��pplicd 9��he order irt Puyraph 3,anQ Ihen to pmpaymrnt�f ptitici�l. �r tb)to tht reater�tion or repair�t the
<br /> damqed property.My�ppiicati�nn�f the protecd�to the princi�l shalt no1 ewteaA or poup�ne tAe�ue datr�f the monthl4 �.�►.
<br /> �symenu which ue refesred ta in Pu�r�ph 2.or chanae the amount ot ssch payments.I1 ny excess lnsvranre•proceede��ver an
<br /> ' , unount roQuirM to p�y all outatandinj inQebtedrtrss urtder�he Nose an�tAss Seturity t.^�strtiment shal!be p�id t�the entity kgt�i• .�°
<br /> , Iy cntitle0 thtreto.
<br /> ; U the event of foteelosurt o! thi�Secutity Instrument ��r ather tranafer of�i�1e tn the f'raperty that ewtingw�he� tAe�rt
<br /> ` QeDteQnes�.al!risdi,titk md interest o!Borra+�tr in ond�o insurancY fsolicie.in force Sh�ll pass tv the purcAaur.
<br /> ' '•rnNr�ali� �M lM�kw�ce of iAe Ih/�er1�� t,ewe�olf,�, BOrrnwer shstll nai cummit wa�te ar destroy, damagt ut "
<br /> substamiWy cAanse tAe Properly o��ltaw Ihe P'roperty to dcteriurate,�easnaablr weat ond to�u eaecpred. I.enQtr may inspa;t
<br /> • ' the propltty itlAe praperty is v�eant ar�bu�daned ur the►aan is in defautt.l,endrr may�ake reuonabtc rutiot�tU prutecr and
<br /> prcsetve aueh+acant or aba0doned ptopttty.!t Ihis Sccuritx l�slrumem is on�feasehold,Botrawet shal!rcimpiy with 9he ptovi• '
<br /> „ nbes rif tht kue. It 8prtower acpuites ke title to Ihe f'roptrey,the Iex�ehold�nd ite tittr shall n�,�be rntrgcd untess t ender
<br /> . ajtces to�he mer�e►ln writlea. .
<br /> �•�N Mm+rer*N rr�otectlo�ot I.tMn's R(Nv 1�IMe rro�ttr.iiorrnwu shall pay aU govstniatnt�l or muntclqal
<br /> , ' rhar4ts. ines�n,d impo�itions than are not lnetuded in patagr�pA 2, gorruwet ahali p�y these nblig�tiono on lime directty ta the •
<br /> � eMl�y whkb is owe�the paymeat. �E taiIute to p�y woutd�sQversety atfrce Lender's�r.Pucst in the PropEtty.upon l.rnder's re-
<br /> quClt 9orrower 6ha11 ptomptly fuxztish co l.ect�er rceeipts eviQenciitg these�paqmer.��
<br /> U 8otrwvtr t�it�ta m�ke Ihese psyaxttts csr ct�.s paymenis required try ps,r�,*�ph 2,or faits tb periurm any uther ca=w�ecr ti d;�
<br /> �smrtients cont�ined in thiy Se:urity tnstrument,or there is a te�al prac�e<i,ng chat r°�;,r s;gni�cantty affc.l l er_�.,:'s r,ghta�R '
<br /> , ��P�nY�fiucls asa Dtocecdict�i��anl�uptcy.fOl CUpdi�ttt;it�Of�Ot i4 C9CotCG:aa:;��trgutatiohs),thrn t.en�'rr:�tt�y dt�nnd
<br /> • �pay wh#teves i�necess�ryr to pra�trr;;the v�tue uf the Peup�.rp aa�LcMer's reghta�R cr::s�roperey,includirrg p�ymem of taaee�.
<br /> �lazud insutanct and other irtms zusntioned In Y�rrgqD�s�. •
<br /> � _ _ . .. .
<br /> � ' � l4nY�mauat�disbursed by Iettder under this Pat�taD�sh�ll�t�rvme z�^:additiarsnf"ebs u(Etorrow�r and be secured by th�4
<br /> ; Securfty Jnsttument.tAest atmouni�shall 6ear interrt fram che date uf diabr�rseener,;.ac ihe Note rate.tu�d at�tte upticm af ' �, S
<br /> l�tader,aAdl be immediatety dur and payable.
<br /> 7•��1Ae��fls�•1hs DtU��eeds at any award ar elaim fnr damages.direct or c�nsequential,�r�cnnnectiul�with any condem- � �
<br /> nation vr othcs tatcin�nf any part�f the propErty�ot tor conrcyan�e yn pIace ot cunctcmi�aiion.nre hereby assigned and shail br
<br /> . Raid to�.ender to the cxtcnt of tAt full amaunt of t6t iadebtrdnes�that rrntains unpaic!uncler the Nvte and this Stcur�fy tawtru• � h•
<br /> , mrn1.Lendtr shali appJy such proceed�t��he tedttction of the indebtedntss ander!he l�iate anc!�hi+5ecurity!nslrument,isr�t E�•
<br /> , Utly��I112f�Ueflt ttltOlitlts�p1SH11fi ihE(tiCtff pl8�ld�it1�'�gtgp�l 3,and then t[��re�af�ment ei princi�*:sl:�re}ap�sli.atif;n��t - '
<br /> -� f������ ►��F i��ciR�1-31i�Ii dol�xirtltl ot perstpon.e the da=date c�t ehe rnpntfify payn��flts. Ki�ic•h are refcrrcJ [c�m �;
<br /> Patagre�h 1,vr ch�t�tttr tuu¢unt af sueb payments. Any exce�s��vicee,ie orer en am�unt reyuite�f to Cay ait r�«+�t:rud�r.y rn ��� °
<br /> de�ted�t.ss urtt�er It�s Nbte tutd thi�5cs�urity In�vument sha11 be�aid«�sfie entity leg.�lly raiiitrd nc�rr.��.
<br /> d.ier�,I.cn�er may kulleti�1'ces andbhargec acith�reted t,y thr we,rct:�rc.
<br />. . .' I'JF_f 2 u{* �-- . -- . --__..,_�.._ _
<br /> _ . �
<br />
|