—_ _"C . • [:4.S1•]° .
<br /> - i
<br /> --- --�y;v, -- --. -_--`T—f `�Y}, ���-:�� ....
<br /> - • �S . .. � .. .. _ . ' _ ' . ' . . � , �k4� .
<br /> , . .. .. � . ` , , . ' �� � .
<br /> � ...��2C.kC�FLF4'f-Y - - -- ,1 --.r_._..__.....__.��--.�..�.��—._.�_. --'----' .
<br /> ;
<br /> t.
<br /> , �.
<br /> � ' �gml+�g4�.4 �
<br /> ,�
<br /> " � • cireu�nstaaoes. gorrower sha11 not cummit waste or desa+oy,damaSe or sub5tantially change the Progerty or allow the
<br /> ' property to det�riorate, reas�naable wear and Eeat axozpted. Leuder may insQect the Pragerty if ths Prop$rty is vacant
<br /> or abundoned ot the loan is in defauit. 1xnd.T ms.y tu'se n'.asonable action to pmtect and presen'e such `�a�nt or .
<br /> abandaaed Progerty. Borrower shall alco he in default if Eorm���,fi:ring the loan application piecess,gave mazerially <
<br /> false or inaccurate information or st�rents to L.ea3ec (or fa�ed to provide Ixader with aay mazerial infotmation)
<br /> • ia conaect3on �rith ttte loaa evidenced by the Not�,itacluding,tsut nat limited to,rePreseatations co����OnO�"�T's
<br /> # oscupaacy of the Property as a principul residea�. If this SecuritY[nstrument Ls on a learehold, Borrotiver shall complY .
<br /> _ . 1, wi�lt ths provisions of the leas�. If Borrower rs�quirrs �ee citle to the PropertY, the leasehold aad fce utle shall not
<br /> - - -' be raergbd uales3 L�der agtees to t�e mergee in writu�g.
<br /> . . - � '` ` 6. C� '�Pt� of 2ny awa�d or claim for dama$es.direot or consequential, in connection with
<br /> . � :
<br /> . . any condemnation or other taking of any part af the Pmgerty.or far conveyance in glace of condeamation, d under
<br /> . ` �i� �d shaU be paid to I.ender w the extatt of th.�fvll amouat of the imdebtednsss thas remvns unP
<br /> . . i the Note and this SecuritY Inst�t. Leader shn�agply s�ch p�os�s w the reduction of the indebsedaess uader
<br /> � ! the Note aad this Securiry Instnuaent. fust to zay delinqueat ansonats a�plied in the order pmvided in pamgraph 3.
<br /> � � aad thea to prepayment of priacipal• AnY a�Pli�ion of the pmceeds to the Priacipal shall not eatead or postpame _
<br /> � ''�i i the due date of the anonthlY PaYments. which ane refenzd w ia pacagiaph 2,or change the antount of such paymen -:-,
<br /> . � Any excess pzoceeds over an amount requued to pay ail outstanding indcbtedaess under the Note aad this Seturity �,'-_
<br /> ' InsYtnment shall he paid to the entity legally entifled sItereto. E}=
<br /> � ' �• 7. �tn Borca�and Pcsr�i�n of Yxadet$�s in Yhe P�apec�q. Sorrower shall pay all govemmental �
<br /> h 2. Borcower shall pay these obligarions �-`;
<br /> . " ', or�micipal chazges,fiaes and impasirions that aze not iacluded in paraP�F �-
<br /> � . , � on tim�directlY w the entity which is owed the pd�ment. If faiUue to pay would adveisely affact I.end.r's i�^�es: 'n �
<br /> the Property. upe� LEader's r�uest �orrower shall pivmptly fumish ta Lender ceceiPu evideucing these gs��rmr�.
<br /> � If Borrower ::�to make t�ese pa�5 or the p�� �I��� �u'��Ph 2,or�s::�erfoim s.--�� _
<br /> :.� t, ` . y , is w�efl 'sa cL:;��urity Insuument, or 3�: :�a ley:.l�recee��-.,? '=� =-�3'���y
<br /> , . _ ..�."e��' covenants an3� fc,�-,r„�atio^ �'°�a enforce ��s ar
<br /> �:,�:�:.�; �� affe�t Le�tdeT's r,�::.ts in the c-�;.�tY (s=� �..�a Pro�� in banlm.�»9+
<br /> •,.->•::. ,�'� ►o mtect the va.�:°,�r�e Propecty and Le�a�'�'°�s�;�hts
<br /> `';�Srq��', . r d�ations), then Lender�.:: :�ad pgy�batever is n� P
<br /> `'��r'�." ��� in t h e Pro p e r t y, includin� ga}-�t of tat�.�ar�d in€:r.-r�ce and other ite�ns �:�r.�.�l ia paragraph 2.
<br /> Aay amou�� �isbursed by Ixnd6r ann;rs this p�spaph shalt become aa �;:=�=�a1 debt o f B orrower s:�d b e
<br /> u
<br /> . . secured by this�.airy tnsr„��e±_r These z�unts s�all�eaz intere�st �om the�Z:r c`d'ssb� at the Note rate,
<br /> ''•,'>�.'�' '�. �:�the apti�a ef Lend� �,' be imnsediately due�3 payable.
<br /> �• `.f. k .�; B 8IIj►ILEII�V��G:.c�10 tj/ T3f75$EC'w.;:, � CI�CSS BO�:�Q� �-)
<br /> •'1J':�'` s• Il OV� f75
<br /> .�;.i,:;.;,f44;. M ;y�vwer s71at1 promp° -=��8 r the lie�ra a�� :�artable to Ixnder, (�2•..c�'�
<br /> ':I.t'•.4:�a tr . Y •-,� :a writir�3:�die pay�i of the abligarion sc:cura�. 'Y „ , _ ttr whic�ia t�s Leader's��ion
<br /> • ...f�;, ..: . � �s�-
<br /> .�;;:,;r,.,; ia ood faith the Il��by.or defende against enforc�ent oi the lien i.,,.�al pro�3s
<br /> : •:!.:a:;;,;, � �' $ satisfastory
<br /> x' , o � �ye�t the enfo�sement of ths lien;or(c} secures from e�z holder of the llen aa�n�
<br /> '.:7d;��S;s�'""� ' to Lender subordiaatln� th�Iirn w tl�is Securiry [��umzat. If LQnder determines tbai aay p�. of the Praperty is
<br /> � subject to a lien which mny attaia pciority ov�r thi�Sc�urity Iastrumeab Lender may give Bornoaer a aotice ideatlfying
<br /> �'��: ' - � • th6lien. Bortower ahall satisfy dte Uen or take one or maze of the acdons set forth above within 10 days of the giv�
<br /> • � of uotice.
<br /> g, Faa. Ixader mF►y collect fees aud chfug�authorized by the Secretary•
<br /> r. . . 9. Crioaads fur Aoodassn� of DEbt.
<br /> �-�:�; .� ..' . (s) Def�l� Lender may�eaoept as liu�t�d by reg�ilations issued by ths Secmtar�+ in the cus of payment
<br /> '"„� •"�:� . defaults, require �ed�ute payment in full ef all sums secured by this Sec.vritY Ins�umeat if:
<br /> a�r�-s;`�:, .•.-_ iu full an monthiy payment required bythis Seeudry Insmiment
<br /> ,_.�,.:�„;�:.� (i) Bon�wer defaults by f�iling to psy Y
<br /> ,�=.�:w-
<br /> :,:�,;..z�;;�:. prior to or on the due dgte of the next moatlily paYmen�, or
<br /> — _..:T , (ii) Borrower defantt� by failing,for a period of thirty days,eo perfoan any othe�r obligdtions wntained
<br /> -:�; `.,- ... in this SecuritY T�suvnaent.
<br /> �su
<br /> 'i�'.��N�tik� ' (b) S�le'Wilhoirt (Snedit Approval. Lem�er ahr]l,if permitted by applica�sl� law(iasluding sectloa 341(d)of
<br /> --�..:�iiAf��� -
<br /> _ -•�-�,;.� .. the Gam-St. Gemzaia Daposiwry Insritutiane Act of 1982.12 U.S.G 1701j-3(d))aad with the prior approval
<br /> .��, .-`� �, of the Secretary. m9ui� ��� P�Yment in fuU of all surns sec�u�ed by this Securi.t�L�suument if:
<br /> v"� `?�. ,.,: � (i) All or psut oF tltu Property,or a bencficlal iaterest ia a nust own3.ag all or part af ti:e Pcopetty. ia sold
<br /> �'`+�"���":,..�' or athEtwise transfetr�d (other thea by devise ar�lescent). eIId
<br /> - �:x.,�•.-! ...
<br /> �;r''•"�;:�;,�. (i� The Pcopeny is nnt occupP�d by tha p�uchaser or pautee as his or her principal resi�, or e
<br /> "t`�'i'�;'� .� �� pvtr�uter or granteo does so oar.npy �e Pmperty, but his or her credit has ¢at been a���vod in
<br /> - ��.... .. .
<br /> .: .� .. � aceordance wlth the raquirements of t�s S�ttetary.
<br /> � . ,. ' (c) No Waiv�r. If circumstauc�s occur that would permit Lender to re�ulre imme�;:uie �rayment in fiill.but
<br /> , .�'}`^;�'� Leader does aot cua,i;se such pay�ente. Le�.der dces not waive its xi�rs.�`:h resgea: :�subseq����l limit
<br /> � ,.� .,
<br /> ' `�14r�;�!�` , D�..,'.� �D mFF51}I C�ICIIIIISI3IIOC3 IE$1113£If113:4 Ii...,:I9d �3j�i'� .�,CCiCL23�
<br /> •:.(.:\pI . �� �b�'�"� Q���.ro SEQ�i•
<br /> ' , Leader's right�.ia ti:a case of paymeni de�'uutes,to requlre immediate pa}�.�t in fu31�foreclose i�not paid.
<br /> � '�;. 7his�ry�,,�u�nt dcses nut authorize accelerarion or fa�eclosure if not petm'mcd. by regulations af the
<br /> . .� �._ Se�retary-
<br /> _ � `� (e) Mortg�ge Not Ias�u�od. Borrower a3�s that if this Security Insuwnent and the Note are not determin�
<br /> � . � �' to bE eli�ible for insurance wtder thr RaYioazl flousing Act aithin 60 DAYS
<br /> date bereof, Lender may.8L �i8 G�tIG�7 =.aulrr i�liate paymeat in fiill of all sums securet!bY this Sec�uity
<br /> . = Insuumeat. A written atatement of any suthorized ageat a;the Secretary dated subsequent to
<br /> � 60 DAYS from che date i�°reoS. daclining to insu:= shis Security Insin�me�t a�al the Note, chall be
<br /> ' deemed r,oaclu�i�e rn�of o€sach i�EligibSllty. NotwiWstanding the fore�oing.tbis ar�.iau may aot Ce exercised
<br /> _ � . by Leadei w��.�i�r.unavailabiliry of i�uance is solely due to Lender's fxii�are w re�=:a�o�Fh."!°���� :
<br /> ' premium to tae °_e+:r•=u►ry.
<br /> . � .
<br /> T�� D���� L>a e 3 of 6
<br /> � u�..-� s�.ve.ceom ra�s� �
<br /> . . f
<br /> _ -- ._. � `�►
<br /> _: ' '.
<br /> «� .- . � - - - _ _ - - --
<br />
|