|
� 1
<br /> 4
<br /> +�
<br /> '1Ml'�P� - ' i ' .. . -
<br /> . �/j.1l���a . ' . •� • . t..�if�
<br /> ` _ .2�c�"i? ;� ° , n � . �� .,.. 'a+iy�f10V�:
<br /> .,...,,,,. . .. .•, '`_ ., . o . � '. ; .
<br /> . .
<br /> . - ,,.....-. ,� � .�. a ... "'• ""_"._P..._..�. ...._._...-'_.--'� -.._._..
<br /> . .�.... .__..._._._...... ..... .... ..-.- •.-. . �
<br /> —_.._"-'—..�.__.—"' _�-_-...�_._.—'---'-_.__..��_... _ �_.
<br /> �"
<br /> � . , �.
<br /> � g9m����� �:
<br /> � � .
<br /> . ..�. c�_
<br /> ' be edded w the ptincipal balazece. Upor�ceiastatement by Horrower,this Security Insteument and the obligationa __-
<br /> � :, that it secures sholl rem�In ia effect as if Lender had not required Immedtete payment in full.Howevcr,Lender is __..
<br /> ��.-='� not required to p�rmit reinstatement iF (i) Lender haS acca�pied reinstatement nRer the commencement of
<br /> .:�w�' foreclosure proceedtngs within two yestrs immedta4ely precedin�the cammeACemeat of a curre�t forectosure _
<br /> �-,"'"�`u proceeding,(ii)reinstatement will preclude foreclosure on different grounds in tho fuwre.ar(iti) reinstntement ---.
<br />- ' # will edvers�ly affect the prlority of the Secivlty Ins�rument c
<br /> � � � 12. I.lm Stata�s.
<br /> ' {a) ModiRcatton. Borrower a�rees to extend this Securiry Iast�ument in eccordance with this Pata�rap6
<br /> � 12(a).If Lender determines tbat d►e od�tnel Uen stams of the Securlty lnstNment is jeopardized under state
<br /> . ,. law(Iacluding but noi limited to situations where the amount secund by the SecurIty Insuument equals or
<br /> ' exceeds the maximwn prtncipai emount stated or the maxlmum period under which loan edvances retain die
<br /> . _ samo liea�pr�ority initially g�anted to loan advances has expired)end smte law perrnits the originai lien status .
<br /> to be maintained for ftiwre loan advances thmugb tha executIme and recordatlon of one or more docuaaentg,
<br /> . � then Lender sdall oMain tttle eyidznce at Borrowet's expense.If tbe tItle evidence indica�s that the Properiy
<br /> is not encumbered by eay liens(except this Security L�stiuraent,the Secoad SecurIty Instnament d�e�in =
<br /> - Paragraph 13(a)and any subordinate Uens that the I.ender deterntiaes will also be subcrdinate to anY t�me
<br /> ,. , loan advances), Lender shall requ�st the Bomower to execute any documents nece.ssary m RrutecY the lien
<br /> , �1., status of fuwre loan edvances.Bm,mwer a�ees to execute such docwmeais.If state taw�ues not permit the
<br /> :..� � orlgiaal Uan staws to be extended to tbwre loan edvences.Botrower wiii be deemed t�➢nave failed to have
<br /> .;,�.,�;; � . perforcned an oblig�Yion under this Sec�rity Instrumeat __
<br /> .�l:`;'�: (b) Tea Deferral Progrnms. Bomower shall not participate in a i+eal esmte ta�t deferral pmgram,if eny lieas
<br /> ,;,,,;
<br /> ���i�rt; , cteated by tha tax defeirel are Eot subordiva4e w this SecurIty Instrument
<br /> • .��....�_ S..i t�.inr �.iens. Borrower shaU pmmptIY discliarge any uen which has prlo:Ity over this SecurIty ,
<br /> "''•' ' ` Inshvment unless Bomower.(a)ag�ees in wdtin�to the payment of the obligatton sECUred by the Ifen in a
<br /> ;�:EX';�F' —
<br /> "�• `� manuer acceptable w I,ender, @)contests ia good faith the Gem by,or dafends against enfor�cement of the
<br />-,�:i-: �;,�`>��R llen in,legal Pr�oceedings which in the Lendets mpinion operate to preveat the enforcement of the it�n nr
<br /> '�k'�:;:�wr.. ,
<br />"-:;'::•;,` forFelptte of�ny part of the Pmperty:oz(c)secua+�s from the holder of tho liea an ageemeni setisfact�ry to
<br /> ,•��.:�.,
<br />`��'��:uci4'�.- _
<br />.. .:�::;�;`s;; Lender subordinating the lten to all amounts secured by this Securlry Instrumen�If Lender dete�atines that
<br /> :��...m��u. any part of the Prcpe�}►!s subject w a Uen which may attain prIorIty over tWs Securlty IInativment,I.ender
<br /> ,�;r....,
<br /> °=.,- may gIve Bomower a nottca idendfytn�the liea. Bomnwcr sha11 s�ts$+thB 1Ien or mke one er mare of e
<br />';�i`'�;:�;� ,
<br /> .;c�;.:;t,_„ actIons set fo�abuve wtthta 10 days of the giving of notEce.
<br /> �,_� 13. IItelaflonshtp to Ser.�nd St�car[ty InstrumenA
<br /> `��'!!'� (a) Secoad Secnrtiy Enstrnmen�. Ia order w secure paymeats wbich the S�r snay make to or on
<br /> 1-""'�'�° behalf of Bom�wer pursuant w SxcKlon 2S5('j(IxA)of the Natlonal Ho�sing Act aad ttte i.oaa Agceemem,
<br /> -= the Seuetary has requ3red Bommwa to executa a Second Pto4m and a Seound Sec�uity Insonmient on the
<br /> --_— ��, .
<br /> _.._--_-V. (b) Re1�tEonshtp of First Aad Second Securtty Instrument�. Paym�ents mad�by the Secr�ry ahall not be
<br /> --- inctuded in the debt underthe Note untess:
<br /> -- – (i� This Seauityr Inst�ument is s�ssigned w the Secresery;or
<br />--_--- (i� The Sxn�Y�Pm r�imbursement by the Lender for all payments msde by the 5$cretery.
<br /> ---:-"°��'�� If the circumstaar�dGSCrire�in(�or(iij occur.then al!paymema by the Sec�aTyr,including Giterest on the
<br /> -'_-`�� P�Ym'�,�t e�celuding lete char��s pa[d bY tite�i�yr.sh:11 b:.iaclud�s!in the��.ine�r the Not�.
<br /> - (c) ERert on Borrower. 9Vhera there La no assig►ment or nimbwsement as desc;it�d ia�o�'i}vr iis'j aau
<br /> _-- _�= t���Y��PaY�ents w Borrower,then Homower shaU nox
<br /> (Ij Be required to pay amounts owed under the Note,or PaY a�►Y renm aad nvenues off vhe Propeny under
<br /> '�"��'� paragtapb 19 to Lender or a rcceiver of the Properiy,imtjl the Secrsts�Y b�ral�p$Yment in fuU of aU
<br /> `�_v°=`— outs�ndtn8 priucipal and accrued iaterest u�dev the Second Nou:or . .
<br />-'�--°�-'��' (I� Be obli�to pay interes3 mr shafed appreciatton under the Noto a3 any time,w er acciued before
<br /> -- �=s.i.-�a_�
<br /> �..�t,�,;; or after the paymeats by t�o 5ec�etaryr,and whather or not accrued interesc $au inclnded in tha
<br />.-_ ^:;-��r.�_': princIpal balauce uuderthe Nate. �,
<br /> _`..�Jft.�� OSItA:t119B Pagesofs �A�y
<br /> =:,"���tli'_`:
<br />-=y:,��::.
<br /> �,�::_
<br />. . �.
<br /> - _�� � . , .. • � ' " .� ,�-- . . r __.».. . . . ..� _ . .T
<br /> . 4' . � . �f �
<br /> . . , ` v „ . -"'r_ - • ,. . , .-': �'-.s.:_-.
<br /> , . ..;_ -
<br /> �`tcr4i:`�
<br /> .F . . , , '.. . -• ; ,. ; .:...-
<br /> ,. . . d " '.��.^��4n`.�w�+'!iMY��
<br /> . . ' �.. �1 „ . . . ' �. . :!':�:.:�^�a=
<br /> _ . o .. . V . � .. . • �-']�! *i•-
<br />. . ' . . ! .. .. .. " .�� . •• �" " �V�.�.:A.'
<br /> � �i ' � � �. , r C�J. � . . _ ����
<br /> ' .. it�~�i .���, !��• � Y� _
<br /> . . .. _ . -. .. a;r-�;'�,�.��iEae��\...1� F ii -�� � 1�^Alw'�
<br /> f7 ^ ^ . ' .. ' '�r�,��'+y�;1y1't C� `'�• ' -�' si1'�,�.�.+���k�'r�
<br />. . �l �i .. _'�:�:7� .i�.� •i4 a-t v�'��-�'-- � 1k.- .
<br /> g _ u� , C. _
<br /> ,. � . . . . �' .. � -'- -
<br /> . . �' � . . � - . � , '�I' ��`.`+?` -� f�.+'^{.yf U _.
<br /> 11 , � . . . ..�' , . .,�rl�' •, :,^
<br /> � . .. � . :� y t�1y tt•2 ,�.
<br /> � •
<br /> v
<br /> ; �� . , . :.�.� rx���-
<br />
|