|
- • ��'` : .._ . __'` �
<br /> --- . .""_a - - -_ -:--
<br /> .�r •
<br /> . � . . .,. < ' �,
<br /> c`��' , �
<br /> .. �
<br /> .
<br /> t � . i .
<br /> , . _
<br />� . . , ... ... . � �:r�-.s ' ' ---- — ..'.-- "---...'-'..._ ._— _.._._... . ...--_-_.'--_---- _
<br /> �y . � - - — .� ._..._..._. .— - -----'--'_'--`' �
<br /> ° � _.1 '
<br /> -...'-r- --- 3 .
<br /> �9a�IDQ�SO �
<br /> . . _ �:
<br /> � abandoaed Propeicy. Bomower sh2t1 also br in default if Eormwer. during the loan application pracess. g�ve �.
<br /> ' ' materially false or in2scurate inforinztion or statemeau[o LeASier(or fai2ed to provide Lr.nder v,ith any material
<br /> informatian) in soaaectioa �yith thQ loan evidznced hy the Idote, including, but aot limited co, nepresentations
<br /> caaceming Borroaer's occupanry of �he Prdgerry as a prinsipal residence. If this Sr.curiry lastrument is on a �
<br /> ` leasehold,Borro�ver stiall comply with the provisions of the lease.If Bazrower acquires fee tide co the Proper[y.the
<br /> ` ----�-d � leasehold an�fes dtle shall aat be�erged untess Learler agree.,to the mergxr ia uriting. Kti,
<br /> �
<br /> �► . � 6.Coade�a94Ioa.7he proceods of any award or claim for dama�es,di�ect or consequential.in oonisecdon with
<br /> �
<br /> any condemnzsion or other takIng of aay part of the Property, or for conveyaace in pface of coadema�tion. are ��_
<br /> rrma�inc -
<br /> h�y assigne�aad�ll he paid to Lender to t�e extent of the full amount of the in8ehtedness ttu�t unpaid _
<br /> � un�r tha Not�aa�c�is Securiry Instrnment. l.end�r s6ali apply such praceeds to the reduction of the indebtedaess -
<br /> uudes thW Note aa� this Se�unt}I �s�;• � �° �Y delinquent amounts applie� in the ordr� pmvid�i in =
<br /> . � paragraph 3,aad th�n to p�Paym�.'nt of principal.AnY�PPlirarion of the proceeds to the grincipal shaU uot extead or =-
<br /> : . , �'� postpaae ttte du�dzte of the monslily payments,which are referred to in paragraph 2,or d�ge the amount of sucb __
<br /> Pa3'ments. Any e�ccess Pmc�eds over an amount requind m pay all outssanding iadebiedaess under the Note ansf this _
<br /> Security Insnvment shall be paid to the entiry legaUy entitled thereco.
<br /> _•� 9. Cha�es to Borcowr� aad Ytotedton of Leader's E2Lg�ts ia �ice Property. Borrower shall pay all `
<br /> � ; 1 � gove��tal or�micipal chatges, fines and impositions that aie not iacleded in paragraph 2.Sormwer shall paY
<br /> ���` • these Q�Iigarions on time di�tly to the entit�l wfuch is otivc�di�payment_ If failme to gay would adversely affect
<br /> ....?�nf ' . 'l•� Txnder's inte�st in the ProFPrtY• upon I.eadEr's �q�est B9irower s�ill pmmptly fumish to 1�� reoeipu _
<br /> �5 �4� .
<br />-:,��::�r .
<br /> .;,���r� .' `�'�' evideac�g these paym:nts.
<br /> ,.`:: ?;:•�� . If 14oirower fa7s to make these gayaQents cr r!�gaym�ars asqaired bY P�Ph 2,ar fails to�rfara any othes
<br /> �. ',;Fi�� co��.�aad agieements contairYxt i�this Se�iuiry Iastr,��:�or there is a legal prac�iIIU tbat maY signifctantly
<br /> ' ; �:�-, affr�2��er's rights in the Pro�ty(such as a proc�lisi�i`ankiuptcy, for eond��icr�or to enforx laws or
<br /> ,.er
<br /> °��;:�: "`�'�>•'� regui��s),thea Leader may do aad pay wh�uzr is neo��?�...s;�to protect the value cr+i*z Properry aad Leader's
<br /> .;��:�,•:.•,.,=��
<br /> -:��(1�v,� ,. �.; � ` right,*a the Pr+ogerty,iacludiag payment of taxes.�azazd in..^.:rance aad ethc�items menaoned in paragra� •
<br /> �;��'��+`� �� !�y amounts disfiused by LeBder under this para�is �all becars�°an additional debt of Borrower aad be
<br /> ..;E•��:°� � ��� ; sectttr9i by tlus Securiry lnsm�en� These amouats st�[s�ar:^ceresc from the datc of d;sbut�sment, ai the Nate
<br /> :: � •:�:�r ,
<br /> ;:tf.;: . • �i, �� rate.an�at the option of Lender,shall be immediateSy���.�'.�;able.
<br /> .� � Borrower shaU pmmpily discharge any Iifu:.�Ts��ary o���iris 5ecurit}+Instn�ment un2ess Eomowtr.
<br /> . � _ . (a) agrces in arritmg w the payxnent of the alsi.y���a �.:i by the i:in a manner atceptable c� L�der; (b)
<br /> •�,' contests in gafld faith the lien by, or defends a�ainst�`a�aent of the lien in, legal' Proc�in8$�r3�fch in the
<br /> " " ,��f; , �'s op'unon ope�ate to p��s � �a�ment of� ��en; or (c) s�r� ���� holder of tPie lien an
<br /> , _� ' a�t satisfactory to Lender suirardinating the lien to t�a,s y�,vrity lnsuuffi,.'nt.If T.x�r��_eteimines that any paac
<br /> ,f ,• •" of ti:� �roperty is subj�t to a liea whlch may attain priority ovex this Securiry Iu.tirnmeat. Leader may give
<br /> � �7 ' Boaotiver a noucx{d$nufying the lien. Borrower shall satisfy the lien or take oaa or more of the aaians set farth
<br /> ' � above within 10 days of the giving of notice.
<br /> ' . � ',�� ; 8.Fees.l.euder may collect fe.�an�charges authoriud by the Secretazy.
<br /> �-'?��,;.:;,•':;;, 9.Grona�s for Aacela�ifon of Debt.
<br /> :�:,._ ..,, . . .
<br /> :�,,•:_:;,:��, (a)DetautG Lender may, except as limiced by revLations issued by the Sec�etary. in the c�se of gayment
<br /> ° -�_'��' defaulu,iequit�e immedi�te paym:nt in C7;�!1 of all swns secured by�is Serurity Instniment if:
<br /> -��-=�
<br /> --
<br />
|