|
t• . '_'�'.' r'� .. . ., y�.rar .,•:� .t. � •� ••.x,:.�� .Y ��
<br /> _ `I_' r . � i , '{��j��. . ... . i-; _np,r � ��,:�' � �� � f ':;:�'vsi..� rsn�,�.
<br /> ��"'µ'� �`. :, �. ,�..�. .,.a.':��'.: �,dt�f
<br /> . . .ti{;•. . f rm* . . . . , " r�t=1� . Y •�s� � Y��
<br /> '• �r y,•.A.."J!�Fl :^l.� r1.Yn�h{- if�/��,�y{ •�•• rOlq7���� • � :..��
<br /> J � . .�. f • �t• an�ii .Yt11.. . , •�fr r .t. . - S.s6x."(�r.iLi� Tti.i'#�J ':.
<br /> �I . ...:`,.��t. .. •.� 1.:1`2?�, �FF" '}6 . .. . r .wv .. ..�.�41i��F `�'�... . . /u►�
<br /> �II� .: .-y,.r:iw c�wc►..a�iilr��S��i�►.'re��s�y..�' .... .. , .�������t4�. 1 . _ _.
<br /> •.St7�5 1 )t�6llif:'4 :3.��!
<br /> .1• �.)•♦ p� .
<br /> L . ^ . . .. .:�. .ri._�JY, . . .
<br /> e . •. —
<br /> � w�. � . _..._ � _
<br /> Q�.� � . . ... •.
<br /> 5 �'l�-_ -".- •�.
<br /> �;� 4 f�.: '+.r 1'.... —�._,�..
<br /> ���I n'r� ' 9lw.i l)B�Jg� . � '"+..,...�R.'
<br /> ���:", •o nrr iw¢r,iwll • wFu:n e�c�iu: rin.i ul nf.unJ ml�re+l un. �—.--__�.'�"�
<br /> �j�i 1� W t y a a�e n/o t P v l M C l p a l.l n l e r e s l w n d I.p l e(h a ry�e. B � {+�Y P p �,�,__d,_,,,,--
<br /> 1• • tha�M e�ulaawcd by th�NMc und late churgc+dur undrr ihc Notr. � • .
<br /> • � •�'•� � � 2, Montl�y p�Yt�nls oF Tarew Insurance s�od Olhcr CharRaw. Hannwer�hall includr in r�ich muMhly p�yment. •' �_
<br /> ,• ���� t��etber wiil+ Ih�t prin�:i�v�l and interc.�u,+et fonh in thr Note and any I��e rhartie,.:m im�allmrnl i�t'uny lal luxeti and � n
<br /> . , xpecial us�unvmrntw l�t�'i�d or lu I►e Icvie J•rgAi n,t I h e P r o p r h y.l b l le u�c h uld pu ymrntr nrµround rem,un Ihe Pn►�ny,cuiJ •.;•r._.,��="-_-'--_
<br /> , �� Ir)premium.r!'or in:,ur�rn:c rcyuirrJ by f'�ragraph 4. �{:"."�u�',�";�.
<br /> ` ' P,ash mrnrhly inn�allment fur item. lul. Ih� und Icl +h�ll ryu�l une•�µ�lf�h uf ihe annuul umuum., u+ nusimahly � .�;
<br /> ; ,' exijmat�d by L,�ruWc, plw an umuun� .ufficien� tu mainwin un udditiun•rl t+alanee ol nut more thun one-�ix�h of thr - .. •
<br /> � esumaN:J amc�unts. 'f'he Full unnuul amount for r�ch item +h�ll Me urrumul•r�rd hy LcnJcr witbin a periud ending unr
<br /> ' .. mor►rh bcfare:u�iutm Would ixec��mr delinyucnl. L.endcr�hall hold tFu:umount,co1l�r�eJ in Iru�t 1��pay item,1u1.lhl und . : r.,„ :
<br /> • ;' „ lef befcue Ihey becomG delinyurnl. ,
<br /> � � If at any uma d�w Ic�tul uf ihc payment�held h�• Lendcr fur itrm+lal.Ibl vnJ 1�1. �agr�hcr w�i�h thc future momhly _
<br /> '�. paXmcntw icv such.i�um, puyAblc �o Lendcr prior t��Ux dur date� uf +uch itrm+, cxrc�eJ. hy nwrc �h•rn anc-.ixlh thr
<br /> . ��•� . rtitimrU4d amr:+mt uf�►yment� nyuired to pay�uch ilem+wlkn due.und il'p�ymcnt.an�hr Nute are curnnt.then l.enJer
<br /> (�::.' whs►1�eitl+c�rrfumt thr:e�ce.+over onr•.ixth i�t thc r�tima►ed paymcnt�u�crrJ��dk rarc,.uver on�-.ixth af�hc c,timatrd I'
<br /> � i����, paym�n�a ua riuhneGu¢nt paymcm�hy Bort�►wer,at thc opiion ot Hnrn+wrr. If thr t�,wl af thr p•r��mcnt�madc by H��RUwcr �
<br /> n�. • • for it�tm.(�!.lbt,c�r Ic1 i.�n+ufficicnt tnp•ry thc ilem whrndur.lhcn Bi�rmwcr.h•rll paJ•to l.en�kr uny amiwnt ncc�x�ury t�� �� . .
<br /> ' m:�kr up�:e deficirnry on or i+efom thr duir tlx i�em t►ecomcr Juc. E , ,�.
<br /> � . Ac�ed in thi�Security In+trumrnt."Secretary"meam the Secrrwry uf Hou,inK unJ Urhan Lkvelopnu�t or hi.nr her � . .' , ..,,.;.,..
<br /> d�Klgnue. In:u�y yr:u in which thr I.�nder mu.t pay u mun�agc in+uruncc premium to�he Sec�r�ury,euch monthly paymcnt ;��: ,
<br /> �hnit al�o include either: lil an inr,tallmrnt of thc annual murlgage iosurunrc prcmium �u lx� paid by L.cndcr U� thN � ��••,f�'�'��-�•-
<br /> , ��`�� S�rretary,or liil u monthly churge in+te:►d ��f a mun�a�e imurunce prcmium if Ihi, Securi�y In.trument �s held by �he `;, ' }.;��:�••�;.°
<br /> ".�' ��,�� Secre�ary. Each monthly im�ullment of the monFage intiurunce premium,hull tx in un un►ount,ufticicnt ta accumulatr the , , •M..
<br /> , � � � � tull annual mortgage imur:u�rr prcmium wilh Lrnder anc month prior io�h� Jatc Ih� full unnual m�mgagc ir,,urance I .
<br /> �� prcmium ir duc to the Serrctury:or it'1hi.Srcority In��rumen�is heW b�•thr S«:m�ury,�arh m�mthl� chur�c tihufl br in an � `:.:,�.
<br /> �,., . umount eyual lo onr•twrlt�th of ime•half perrcm ot thc uut,lunJing principal hal:►nrc duc un Ihc Nn1c. ,, .�v-
<br /> �. -> If Bormwer tenden u�Lender the full �uyment of ull .umti ururcd by�hi.Security In+irument. BoROwer�arcount � ,
<br /> � �'°'� � shall ix� cmdited with the balunce remaining tnr ull intitallm�nt. fc►r itrmx la►. Ib1 uixl Irl unJ uny monguEe inwranre ��� -�
<br /> L: ...; "7�`::
<br /> i.'• •,.:',_•�_ . •, • premium in.tallmern tha� Lender hu�not i+ecome o�5ligu�cd to p:ry ta the Secrc�ary,unJ l.enJcr.hull prumpdy nfund an� ���;
<br /> ��• '�<' excesx funds[o S�RUwer. Immediutely pricir tn p ti�rccla�urc�al���f�he F'r���ny��r ics a�Wui.iti�m My LenJer,earrawer ti , _�
<br /> i ��,�� �' s�ccount shall!►e credited with any hal•rncr remuining fur ull in�iullmenh li�r i�em�lul,lbl unJ(cl. � '.��'
<br /> : 1+;.,;.,,;, . . : ' .
<br /> : �,, ��_ 3. Appliralfon of Paymenls. All puymrntti unikr Parrgraph.r• 1 anJ?.hall tx upplird hy LenJrr•r�fi�lluw,: i
<br /> �J,@��'� to Ihe mongagr in.uranrc prcm�um to he puiJ by Lendcr to�he Secretury ur w thc momhly chur�c by Iha ' .,�
<br /> '� ' Secrc�ury intitead M'�he mixnhly m�mguge inwrunce prrmwm:
<br /> � SECONp.�o uny iuxr...pccial a.,cs.mem�.lcusehold paymcnts ur�raunJ rent+.and tin.llixxl und other hwurd { -��
<br /> i,�.urance prcmium�.as tcquircd: � T.
<br /> THIRp,to intcrctit dur undcr thc Notc: �+ -
<br /> �g�{.to amonitulio�ol�ihe principal ol Ihe hute: � � `
<br /> �.to 1•rtc chur�!c.Juc und�r Ihc Ni�tc. ; � �
<br /> 4. Fire.Flood and Othe�Haiard Ingurunce. Bi►rtuwcr.hall in.urr all impruvcmentti un�hc 1'ru{xny.whethcr nua � �� :
<br /> ' � in exixten�:e or.ub�cquenUy crerteJ,aEuintit uny haiard+, cativaliie..und r�mtingencie�. incluJing lire, tor which l.enJer i. •
<br /> , reyuires imurunce. Thix in+uruncr+hall Ix mainlaincJ in�hr anwunt.und fiir Ihc�xri�xl�Ihut(.cndcr rcyuirc�. Borruwrr ; �
<br /> shall alxo mtiurc ull�mprovcmcntti on ihr F'�u�xuy. NhrU��� ►���w in:�i,t:n::cu�.uh�.cyurnt!} �rcct�J.:igsinyt In..hv��Nwl. . .
<br /> � lo the extent rcquirrd hy the S�crcturp. All intiurance,hall ix rarricd�vith rump•rnic.uppruv�J hy l.cnJcr. 'Thr i�i�urunrc .
<br /> �licic+ :md uny rencwul� rh:dl Ix hrld hy Lcndrr anJ ,hall inrludc lur. payubl� clausc+ in favur of, unJ in a li�rni �
<br /> ucreptuMle tu.L�:nder.
<br /> ' In the evcnt uT lo�ti. B�irruwer �hull�icr Lrndcr unm�diate nuticr h� mail. l�nder may mal.� pnKd'i�l'lu�.if nut
<br /> mack prnmptly by Borruwrr. Euch in,uruncr cumpa►n ronr�mrJ i,hrnh� :mth�m�rd anJ Jimr�rd tu makc payment for
<br /> �r' I ,uch losx dirrcUy tu Lcndrr.in.kuJ uf tu Normwcr and tu l.rn�lrr juintly. All�w an} puh ul�hr in,urancc pnxreJ.muy hc -
<br /> - upplied by Lendcr.at ih optian.cilhrr I+u tu�hc rrJur�iun uf Ihr inJchiedne..undcr�hc ho�c and thiti Sccuruy In.�rumrnt.
<br /> ' fint to uny dclinyuen� umount. upplird in th� urder in I:uagr.�ph ?.anJ then �n pr�p:n•mrm ut'prin�ipnl, ur lh�lu Ihe
<br /> . , restoration or repu�r ol Ih�dam�gcJ pru�xrt�•. An� upplic;�tion af�he pr�xrrd.a,�n�����,��ral J►all nul�xlcnJ ur Fx�,tFxmr
<br /> the Juc dotr uf thr m�,nthl�•paymentti wh�r�;ire rrferrcd t��in Para�raph ?.��r rh:m�:r�he:mu�unt„1'�urh p:�ynxnt+. Any .
<br /> I exce+s insurance prrxeeJ�ovrr an :nn��un� required�u pa� all�,u�.tand�ng ind�Mrdne.. under�hr N�ite anJ thi. Srcuri�y
<br /> i Instrumcnl�hull tx paiJ to�hr cntit} legull�•rn�iUcd�Ix rri��.
<br /> In Ihe cvenl ut torcclu.urc ul U�i. tierurit}� In.�rumrni ur uihrr Ir:in,fer ul u�lr���Ihr I'n��xm Ihut ex�ingui,iw, thc
<br /> . � indchtcdnc...all ri�:ht.titlr and inlcrc+t ut Hurr����rr m:md�u m.urance���licir.m lurr.•.h:�ll p;n,tu Ihc purrh�i��r.
<br /> '! S. Uccupancy, 1'rexervatiun. Muintenuner und 1'rotrctlon uP Ihe 1'roperl�; Borroacr's l.oan ApplicuUon;
<br /> l.eascholds. Borri���rr,ha0 �krup�.c.labli+h.and u.�Ihr 1'r�►�x�rh•a. Numn�cr.prinrip:�l rr.i�.lencc ��•ithin +ir�y day+
<br /> � ' ui�tcr Ihc cxrcwiun uf thi,Sccurity In.irunum and.h;�ll r��ntinur tu�ncup) �hr I'ru�km a. Burr����r�•:principa)rc,iikncr
<br /> ' fu�al Ica�l onr yrur aticr Ihr dulr uf�KCUp:mrq.unlc,.tlk tiacrrl:�n dc�ennmr.Ihi,rryuirrmcnl w il)rau�c und��h:udtihip
<br /> ' � � for Borci�wrr. ur unlc+, eticnua�ing circum,rmrr, cxi,l ��•hirh :irr Ix�anJ tiurr����rr', :untrul. liarruarr ,hull n��lii'}•
<br /> • Lendrn uf uny r�lrnualin�:rircum,��utrr.. li�ttr��arr ,h;ill no� :ummil ��:nlr ��r dr.iu�}.d:un:��.e nr ,uh.tanuall� rh:mEr
<br /> ! . .'• Ihc F'n��xny ur:dlu�� Ihr I'ropcn�•m d�trru�rat.,rra.nnahlr ��c:ir an�f ic,ir r�r.�,lyd. Lrnd.•r m:i� mtiprrt thr 1'rupert}�if the
<br /> `'• . Pm�xAy i+v:�r:mt ur:ihand�atrd or th� I�xui i, in drl:wlt. I.rnder m:i� lati��ira.un:ihlr:ii I��,n t��pn��crt:mJ prc.cn•r�uch
<br /> ' � � vucanl or ahunJuncd F'mprrl�. I�urm��rr,hall;�I.n hr m dctauli it�li��rru��rr. durmg ihr I�ain .ip��lir:�nun pnKC...�avr
<br /> � , malttially fz�h�� �n in:�rrur;ur inl�+rnudi�m nr .1:n��nun1. i�� L��nJrr inr t:ulrJ tu pr���idr L.nJer ��nh any ntulerial
<br /> , informationl in c�mnrrliun�cilh th�� luan r�idrnrrd h} Ihr Nnlr. m�lu�.hnc.hin n��� hmnrd i��. rrprr,.iu:itu�n�r��nrcrnin�!
<br /> ' Burrowcr',uccupancy�,f Ihc I'm�x�n� a�:i prm�•ipal ic.idcnrr. II tlii.tirruru� In•lrumem i.nn:�Ira.rh„IJ. I�urru�crr.hall
<br /> � rumply��i�h�hr pr��oi.iun�.��1�th�Ir�„r. It liun�,��rr ar��inrr,tr�•IiUr 1„ihr Ih�,�•�•m.�h� Ir:i.rhuld.ind Irr titlr,h;�ll n�u
<br /> � � Fxe mcr�;cd unlc„Lrndrr.i�rcr,t��Il�c mrr�rr m��nnn}�.
<br /> t 6. ('h:�r�ex t�Horruµcr und 1'rotection nt'I.cnckr's Nl�hl.in Ihc 1'ruperty H„nrn�rr.h.�ll p:i� �ilt Eu�rrnmrnt:d �.
<br /> jor municipul rhar�;c�,linc,:uiJ m�p���inunti ihcu.uc n��i m�ludrd m I;ir:��:roph _'. I��,rrv��rr.h;dl��a. ih.�,r„hh�:uwn.un
<br /> 1 , lintC dIRtU} In Ihc cnlily ��•hich i. ua�d Ihe p:�)mrnt. II I�iilurr n,p:�� ��nulJ .id�er.rh .dlcil Lrndrr', mtrrc,t in �hc
<br /> � ' !'ri�(x�rty.upun LrnJcr�rcyur,�I��,rm��rr.h:dl prumpll�lunu,h iu I.rndri reii•i�+l,r�iJrn:mp Ihr,r��;nnunt,.
<br /> ' ; If�Horru��rr (ail� lu ntnhr Ihe,. p;��•nxnl.�,i dir pa��mcrn.rryunrJ 1,� 1'ara�raph '. ar I:ul. i„ prrt��rm .m� ��Ihrr
<br /> � ' " '_"_.. .....�................... ......�..:.....1...M:. C..•or:�� In.�nm�rul ��r thrrr �..�I�•v:i�IXiw�i•i•��IIL�1�1:11 t1L•1\ ♦IL`Ill�li:llll�\ :I��l'll _.
<br /> '- ' N.•u�au�n...n�uf...u................�........... ...�.....� ... ............ . . . . � . . . . _..
<br /> 1 l.rndcr+n�.ht. in ihc {�f���Kfl\ Uui{�a� a �'n�ac���lli�: ili��.iii�l:1��1:}. �t:i .UI7:!i'l:ll!:ih!•11 !•! !^!'�U�ar�• �.���.�N IPI•U��dl��ll�l.
<br /> then l.rnJrr may Ju;md pa� wh:nevrr i.nece>•ar� in�ttu�e:l ihr�:�lue�,t�h.• I'ru�nrlc:utd LrnJrr'.ri�ht.m Ihr I'm�mm.
<br /> inrluJing pa)mrnt of tatr�.haiarJ in.ur:uur:inJ uthrr dcm.mrnu�mrd ui I':napr:y,h'.
<br /> Anv amuunl.Ji.hor.rd hti• Lcndrr unilrr�hi.I'arn�r.�pl�.h:ill hra�mr an aJdiUun:il drht��1 li�nm��rr.md hr�ccurrd
<br /> by ihiti ticcunlv In.lrumrnt. '17�r,c .unn�ml,.h:dl I+c.u•mlrrr.t In,�n Ih��dalr��I di.hunc•mrnt.,n Ihr \��tr �:nr. and.►1 Ihr
<br /> U�1111111 Pl Ll'llt{l'1.HIJII iK n1uU��n.d�i.uua .u�.i�n�..u��.. �
<br /> � 7. Condcmnulinn. 'I'hr pnxrrd�nt.�ne a��ard urrlam�lurdam.i�r,.dnrcl�x.�m.ryucnti.il.in:nnnrrh�m ��ilh:m�
<br /> c�mdrntn:uiun ur uthcr�akin� ��I an}•p:u�nf Ilir I'ru�x•rt�,i�r I��r rumc�;mrr in pl:iir ni cnn�kmn:�ii„n.:itr hrrch� :i..�enrd
<br /> ��• unJ�hall Ix naid tn Lrndrr i��Ihe r�lrnt nl Ilu lull.mu,unl ul Ih�m�lrl�trdnr..Ih.0 rcmum•un�,.ud u�iJr�ihr\�qc:m�i Ih�.
<br /> �} ' tirrurity In.trumrnt. L►nder.hall uppl�•.u.h pu�rrrd.�u�hr ir�lucu�m��I ihr mJrh�.�dnr,.undrr ihr y„�r,ind ihi.tierurn�
<br /> ', In��rumrnl. tir.� �o am� Jrhnyuinl auwunl. ap�,lird m Ihe nrdrr ��ru��drd in Pc�r.��ra��h ±. .ual ihcn i�� �,rrp;i�m.�nt �,I
<br /> principal. Any :�rrr�:�u„�, �d Ihr pnx•rrd. tu �h. prnh•ip;d .h;dl n��t <<irnJ ur pn.q,�,nr thr dur d:i�c uf �he nu�nlhl�
<br /> 4
<br /> �. ���.11� _..I 1�•�1�� �
<br /> . �I , ,
<br />
|