' .. '71N.P8','!"Y�4j,..rY ' �1 � _1���.'y„���:4�;.":,r ;{� �i '�li�� �. : _. . .�..:"1;'�i :�•�`t�:. � . . .le. ���+ii}i�[rtw^�+'es'.. .
<br /> . rt7{L �,G.'�' � � ��7L�� -
<br /> .,_._ .. .. .dMr..�.._.ry9r . •• t.wr: �.. . . - . . . "Y•��1�,'u �a�°� . _ . . _ . . ..�.�,iw.. .{1�iM�M1 �� •
<br /> • -* - �i:::�i'r+�:* 's. :�. . i.� .�r . • .. �.�z . -•. .. Y�:..�
<br /> . -� , . � ...L- .•! , an. . . .i . . -�sr t , a:�
<br /> ���'.'
<br /> � �� . .. `.�. .W ._ .. . . . . � - . ,+l•j�" ���.'iC . ..:i__.
<br /> S� � '�
<br /> 11��. .qp^� � � �h��i� �
<br /> � ,.aP1..17 . . . � . ..y,.._ . R -•3�_.
<br /> ( i,' �. .. . ' ' . •- �H,, _.�.._ . _°. R
<br /> �1i1�+�..�--- _ ..__. '"'""""'.�.�.r.., 1;:_.-_
<br /> ��
<br /> �_._
<br /> f#! �.. �'""_:' —
<br /> � � ��p �.�. - 91— � c�g5�+� .,�.�::;u .
<br /> �r I���� ��. - �
<br /> �e.. ' -- �`�:•_:__----
<br /> + l. PpymenR�A Princlpal�InlereRt And I.ate l'bqrRe. Barruwer+hull puy whcn Juc Ihe principal ol.unJ mtcre�t�m. �
<br /> � ihe dabt evidanced by�hc Nwe und lule charger Juc under�hc Nntc. Y p,y ��---
<br /> •, � ' • 2. 1lfuntbly pr�ymenls of TAxew lnsurAnre und Ather Char�ea. Barruwr�+hvll in�lwic in rarh mamhl .� mcnt. _ r�
<br /> u�gethcr with�h►+pd�cipal and inlema a+ tic�t'�mh in ih�:Notc und�ny laic chur�e+, un imtallmrm ui any lul wxr�und �I:.;-'�r�N_ _
<br /> special uscch�m�nlh Icvird or t��t+r levicd u�ain,t thr Pro�xrty.Ih�Ie�urhvl�!p•r�•meM+�u gn�und rent+un the I'r�,(u'�y.u�J '� '", �.�_,..,�:,-�
<br /> Icl premiuma fu��nnurancc rcyuiird hy PrrA�rrph 4. .`;��t;'�#--
<br /> ,.�-;"_
<br /> Each manthly installmem f�+r iiem. (ul. Ihl +�nd Icl +hsdl eyu•rl unc-twelfth i►f Ihr annual umounl�, a� �u����uniy �s.�,.{n,x�,�.=.
<br /> � .. , ,. e�+�imat�d by Lender. plus un umaunt +ufficient lu mninwin un u�litianul balance �►1 na morr �hun 1111C•ti1�1�I1 of the � ' ' .
<br /> 1 esumptcd amaunth. The full unnuul amoum fnr rurh item.hull M:arrumulai�d by Lender wi�hin u �rial end�ng unc
<br /> mon�h t+efi�re an itum would txxue�u dclinyucnt. l.ender.hull huld thr um��un�s cullrcted in tru,i t��puy it��m+lal,lbl•rnJ ..�....�.�; ,..:-
<br /> , ( ' (cl before thny hecame delinyucnt. , . .,; ,�. �,,,_,, _
<br /> � If at any�imu the�otal nf�he paymrnt,hcld hy l.ender fur item,(u�.Ib►und(r►• tu c�hcr with the I�uwre monthly .. ' ' -
<br /> 3. pAymaot� fi�� su�:fi ilamti puyLble to l_enJer pri��r tu tt� duc d•r�c,��i+uch itrm+, exrerds by mom �hun unc-sixih �he � '�� r 4.,"_
<br /> s ' chnmat�d umc►unt nt puymemti requircJ tu p•ry.uch items when dur,unJ if paymrnt��x�thr Notc urc cuRent.�hen lAnJrr ���:�r��„..
<br /> � •..�.�..,
<br /> � �hull ei�hnr mfund�ha excey�uv�r une-.ixth of�he c,�imotrd paymenu ur crcJu Utic e�re,�ovr�onc•�ixih oi'�hc r,�ima�rJ . Y_.�,�._••
<br /> pnym�nln tu+suh�equ�nt paymcnt,by Borrowcr.u�thc nption of Si,rn,wcr. li'�he a�tul of thr paymrnt,mudc hy S��m,wrr , ; . ,� .�Y,�,i:.
<br /> ,.;�..,�., ;,
<br /> r: f���num I�).(b l,or(c)iti m.u f fi c i�n t a�p•r y t i u:itrm wh4n duv.then Bun��wrr�hall puy tu LenJer uny umoum ncrc,wry tu ,� � ;:.�. ,��"''
<br /> muke up thu dutiwicncy on or t►efore thr d•rlc�he ii�m h ecomen duc. " ���
<br /> . ,,,�...
<br /> �� As une:d in Ihis Secud�y Im�rumcm."Secn t:up..mcun�Ihe Serre�ary o1'Hou+in�anJ Urban�vrlupnicm�►r��r her , . �,,�,��_..
<br /> t � dasignue. 6i.uny ycar in which thr LrnJcr muti�pay a mungu�ec in.uroncc prcmium to thc 5ccrelu rucb munthl r mem :���---
<br /> F .r•hnll u1Mr inGlud� either: lil an in.wllmcn� of' thc unnuul mongagr insuruncc pr�mium to bc pnid by Len�kr io thc " �
<br /> .���.
<br /> } SecrPtnry,or (ii1 u momhly ch�rge insteud��f a mortguNc imuranre premium if�ihis Security In,trumen� i�bcld by Ihe _ •
<br /> 5ccrctory• Euch mnnthly in.tallmrn<<�f�he mungage m+ur:►nce premium.hull Ik in an amount xufticirnt tu urrumulu�r the � . ' � �_,_ ,.
<br /> ;, full unmu►1 mohguge intiun►ncc pmmium ��iih Lendcr ixie mnmh prior�o thc daie �hc full unnual m��nguFe in.urunce `
<br /> , pr�mium i.due to�h�Secrelury:or if�hi.Sccurity In.lrument is hrld hy�he S�rre�ury,rarh monthly rhurge shull tx:in an , --
<br /> , amnunt eyuul to onc-twelfth of onc-half�x rccnt of th�out,�suxlinE prmcip:d bsdan�e due on the N�tc. • ,i•n—
<br /> If Borrower�endrn a�Ixnder the full payment af ull sum��rrureJ by �hi. Seruriry In�inimrnt. Barrawrr;ucruunt __ �-
<br /> �� tihull he rrrdited wi�h the balancc mmuining lur all in.�ullmcnt, i'ur itrmti la►. lbl und lc1 •rnJ uny mungage in�urunce , --:��
<br /> ' prcmium imrrllmem Iha1 L.enJc�ha�rx�t t�c��mc obligu�ed u�pa)� to�hr S�rrcwry,anJ l.endrr+h�ill prampd� rrfund:ui}• __
<br /> � excess funcls to Borrower. Immrdiu�rly pn�x u�u toreclosun.ule��I'�hc Ro�xrty��r it�ucyuitii�ion hy Lender.Horn►wers �
<br /> Accaunt ahull l+e crcdited wi�h any halunce remi�ining for all in,tullmenn f'ur ilcm.lul.lbl unJ lrl. '�,
<br /> 3, Appllcation oP Payments. All p•ryment.under PuraFr.�ph. I and 2+hull Fx upplicJ by Lcndcr s��fullnw�,: °��--
<br /> FIRS1' tn 1hc monFa@c insurance premium ta t+c puiJ hy LcnJrr tu tlx�Sccrc�ury or to thr mornhly rh:�rgc hy Ihc
<br /> • Secreta in+tcud nf ihc monthly mungugr in+urancr prcmium: ,
<br /> �,to uny tuxes,,�ciul u��c.sn�nt.,leuschold puymen�x or ground reMs.unJ lire,fl�xid arnt Mher hazunl i L��;
<br /> - • mhurance prcmiumx,u.reyu�red. ; . ''` �'
<br /> '�D,to mtere,�du�unJcr the N��le: ' ' '� �
<br /> � ' . 'EO�IRTI�,to um��niralion ol'thc prin�ip�d��I�h�Notc: ? � -
<br /> �• FJ,�,to I��c charFc,duc undrr thc Nu�c. " �
<br /> �1. Fire.�luod and Olixr Ha�ard Insurunre. Ri�rtowrr.hull inwrc all impruvcm�nt�un thc Pro�xny,wh�Ukr now• ,
<br /> ' in exixtence or xub�eyuemly crcc�eJ. a�enin,�:my hoiard..ra.uahie,, a►xl c�+mingencie�, incluJin�lirc, for��•hich Lendrr �
<br /> icyui�rr iu.u�ancc. 'I'hi::in�.uranec•.fial!�•nt:tin�air�,.���n�hr mm�um.and titt thc tk ri�xt,Ihul LcnJer myuirc�. Bi�rrowcr �!' .
<br /> I .rhull ulxo inxure.�II improvcmcnt,un thc f'�•uprrty,whethrr now in cxi+irncc ur+uhuqurntly rrcrtcJ.ugwnst lu.s by Ilixxi�
<br /> ' 1 to the extent required hy thr SrcreWr�. All in�uranc�+hall Ix carrieJ w•iih�umpanir�appruvrJ hy LrnJcr. Thc in+uran�e �,
<br /> :'� Exdicic. and uny rcrnwuls .hall ix hrlJ hy LcnJrr and ,hull incluJr lo,. pa)•rblr rlau,.. in tavor al', anJ in u forni �.
<br /> urceptable to.Lendcr.
<br /> In thr cvcnt uf I„��, H�ttrowcr .hull grve L�ndrr immcdiam m�tirr hy m:ul. Lrndcr mny mul�r pn��f'af 1��,+ii'nat
<br /> mudc prompUy hy e��rrawcr. Fach in,urunrc c�mip:m> r�mrrnxJ i�hcrcby :iuthariicJ:md diRrted lu m:�ke puymcnl ti�r . .
<br /> '� wch los�dimcUy tu LenJrr.in.lcixl uf'a�13��rn�w�r anJ a�Lrndcr j�nntly. All ur an� pan��1 Ihr in.ur•rnct pr�xecd,muy tk .
<br /> " � applied by l.end�r.ut it,uptiun.ci�hr�lul to Ihr rcductiim uf the inJehlcJn�.,under Ihr Nutr anct Ihi,Securiry Imtrumem. ,,�,'
<br /> first lo uny dclinyurm amouniti applird m�hr urd�r in Pur:i�.raph ;. :md Ihcn lu pnpu�m.n��,t'prirKip:d.ar IM�o tlk
<br /> • rc�lorutinn or rcpair af 1hc damagrd pru�ny. Any+�ppli�uiinn ul�hc pr�xcrd�a�Ih�• pri��ripul,hall not rrtrnd��r�x�.t�►nr .
<br /> ...�•r the duc datc ut�hc man�hly pa��mcnt�wh�ch arr rrtrRCd to in I':iragraph'ur rh;m�:�•Ihr:muwnt„f,uch paymem.. Any
<br /> . . cxccs, insuranrr �nkccd.i��•rr an annwnt rcyinrrd �o p:��•all nu�+iandin�! indrhi��dnc.. undcr Ihc Nulc aixl�hi� Srrurily
<br /> Inxtrum�nt�h;ill Fx p+iid tu tix enlily hEull�•�nlnlyd durrlu.
<br /> In Ihr rvcnt��f 1'nrcclawrc of thi�Srcurily In.lrumrnl ��r uthrr Ir;m,l'rr nl ullr lo thr I'rupeAy Ih:u crlingui+hr. thr
<br /> indcbtcJnr...�ill righl.tillr:md inlcrr�l uf liun����er in und tu m,ur:mcr puli��r.in I��r.r,h�dl p.�"lu thr purcha.cr.
<br /> 5. Uccupunec. Presens�tlon. �1a�intenunec und Protrcdon ��t'the Nrnpert�•: Horro«•er's Luun Applfcatiun; .
<br /> LC��chulds. Harmw•rr +haU�wcupy.r.tuhli.h. and u,�thr I'ro{xn} a+ lii�rro��cr: princir:d rc.idencr ��ilhin ,�xlp Juy.
<br /> .e
<br /> at�tcr Ih�cx:cutiun ul thi,Sccurily In�lrumcnt :uid,h:dl ronunuc 1����c.'up> thr 1'ro�urt��a.liornn�rr;princip�il rr,uhncr
<br /> for ut Irc+�t one year aftrr Ih�Ja�r��f�x:rupunr�.unlr„thr tir:rrt,u�dr�enn�nr.thi�rryuiremrnl��•ill caux undur hard�hip
<br /> .. ti►r Hurru��cr. ur unlr�, extcnu:iling cirrwn.t,�nrc. rri.� ��hi.h ;u� Fx•�und li„rru��cr'• r��ntnd. Ii��RO��cr ,hall nn�ify
<br /> l.�nJrr.�,I:uir ratenuulinE rirrum,t:ux•r.. Rnrru.�rr,h:dl n��i��,nunit ��:�,a��,r dr.u���.d:�map�ur,ul,�ianti;dl�•rhanEr
<br /> thc Proprny ur allu����hr Pm�xnr t„drtcriur.ur.rr:�.un;�hlr��r.re:mJ�r:ir r�ir���rJ. I rnJrr ma� m+pri�thc F'ruprn}• �f�hr .
<br /> pruFxrly i�v:iranl��i ahamduncd ur Ihr I�xm i, m drl:iuU. Lrndcr m:�� r.d,r rc:i•�m.�hlr a.u�m iu prnl�rl :ind prc.rnr .u�h
<br /> varant ur uh�mdon�d F'ruprrt}•. N„rru.�rr.h:ill ul,��Ix• in Jrt,iult d�li„rcu��rr. Jur�ng Ihr luun applir.iu„n pnx���. g.��c'
<br /> mWcri:dlr 1'als� nr ini�rruriuc mf�,nnali�,n ��r .t:urnunl� I�� L.•n�lri �or I.ul�rd i�� ��i�xnk L�ndrr ��uh an� malrnal
<br /> inti>rnt:ui��iu in c�mnrrtiun ��ilh Ih.• I�,.m r�iJrnrrd h� ihr \�n.•. m.•IuJin�. hul nnl hnui.•d 1�,.rrprc•�ntauau,r��nrrrning
<br /> Burro«•rr;��.•rupnnry uf�hr I'n,�xrt� ,i•a pnni ipal ir,iJrni�•. II ihi,�r:unl� In+UUmrnl i.uu,� I.�;�.rhuld.R��rru���•r,h.d1 .
<br /> CU�11�1�)' N'llfl l�ll•pra�•i�ic�m of Ih.•�l':1��•. �l���tff��l��'f.1�i�Ulli•� h•i Id�r 1��1�1�'��!����Pf'11. 1�1�'I�'.I�P�1V��� .Illi�lCt'111��' +�I:1�� U�N
<br /> tk mrr�cd unk..I.rnd��r:��rer.tu thr m�•reci m��nun�
<br /> .;S , 6. Chur�;e�In Hnrruw�er and 1'ruleclion oF Lender'�Ri�;ht+in Ihe Propert�. li�nn,��r� .I�:dl pa� :dl Emrmm.•nt,�l
<br /> 'a ur municipid char�r,.linc.and roi�,��•i:itm.Ihui arr nnt inrludrJ ui I':n.igi.�ph '. liuir�,��ri ,h.iU p.i) thr•r uhh�:au��n.on
<br /> f linu dircrtl} a� ihr rnlity ��hi:h �. uµrJ Ihr p.i�mrnt. II I.�dw�� w ��.i� •,�uilJ.��t�rr�rl� .dir�i LrnJri'� inlrrr•t m Ihr
<br /> Prnprrty.upun 1.�•ndcr'�rcqur.t H„rr„��cr•hall pi��mptl� lunu,h 1„L�•ndci ir��q�l•r�idrn.m�:dir.r��.i)mrni�.
<br /> 11 Hc>rrower t:iil. lu n1aAr Ihr.r p:�)mrnh ��i Ihr ��.i�u�rnl. rr��unr�l I+� 1'ar:��r.�ph �. �,r I.ul. lu �x•rinrm .un ��thri
<br /> 1� . . � ...�.. •�. .._... �..............i ...�h.•��•i. �Ir�•.�I�tnk�i•Pi�llll!(�1.111{l.l\ ♦I�'lll�l�.11ll�\ .1���'�1
<br /> •� � ravenarn.ana:igrccn,cm,.�nn.n���.� �������. �,...,,,, ............ ..... ...... . . `:...'.. .. , . ..:.. „
<br /> ..,. ...,.,,; i,. , ,_.,_��i,��„��.�
<br /> Lendrr�,righi, in 1hr i'�u�k•n� �.u:ii .i. :i �u���r���iin� ui i�.u�i.��q��.,. S„� ..,,�....���...,.:a ... .,, .
<br /> thrn l.rnder m:��du and pa} �tih.ilr�cr i� nr�r••.u� in�,iuir.l Ihr �,dur�d th:I'�n��r�l� anJ I.rn�lrr. irehl.m thr 1'i���x•n�.
<br /> in�lud�ng pu}mrnl i�l t:��r..h.v.�rd ui.w.�n:r and uthci it.•m.icrnunn�•�I m I'.nati.ipli'_-
<br /> An�•umount�d�,hunrJ h� �.CIN�CI Ull��i'I 1�11� ��.It:l�!IJ�t�I ��I:1����C���Illt• .111 d����lU��llil���t'hl��� ��ull����i 1 d0�����'�i�lA�•i�
<br /> �.. .�. o �.. ..� 1 i.. m��nu.�� .Ir�ll IM•u ml�•n•.t II��III t�IC��.IIC��1��I1�+III�t'lllilll..11 1�1�• \��IC Ld�'. .Ilb� Jl I�l�'
<br /> �.� � �i, ..::u:�:j ........... . . ... . . .
<br /> upti�,n ot LrnJrr..hall Ix immrdi:�lrl�Jur ru�l p.�),d,lr
<br /> 7. ('undemnutfon. �fhr��rni�rJ.ul.im .���.nJ�n�lamt lu� J.un.�}r�.�hirri�•�r��mr��u:nii.d.�n��mnr�u�m ��ith.im
<br /> rundcmn.uii,n��r�•Ihrl'(:IMIII�'���.1�1\ (t:lfl ���(�1C��tU�Mfl\.��1 lut i"UII\C\.Itl�t'Itl ���:li i'��1 �ull���'�IIII.IU��II .Ili•�1i9C��\ .�.�i�'llt'��
<br /> anJ.hall tk p�ud t�,LrnJrr tn Ihr c�lrnl�d Ihr tull.imnum��1 1h: mdrl,l:dnr•,�h,u i�•main.wy�.uJ uodr� ihr\,�Ir.u�,l tlu�
<br /> i� tircunl� In.lrumcnt. Lrndrr.l►:dl uppl� •uch pru.rrd.I��ihr�rJu.tiun�,1�hr in�kbl�•�hir••unJri ihr \���.•.wd ihi.`.•.ui�t�
<br /> � In.trumcnl. lir�� tu :IIIV 1�C�1�Il�Ui01 :I�II�tUllh U�����IC�� III I�IC ul��Cf ��I���1���'�I 111 ��dI.1,L'�J�t�l ;. .Illi� I�lill IU ��IC��d�inrlll �H
<br /> � r���,�,p►►i. n��. :�r�,i�.�:�u���� u� Ihc pnkrrd. n� �hr p�m��p.il •hell iu�� r�t��nJ ��i �w�.��amr �hc dur ,I.u.• ,�1 Ih, m��ndd�
<br /> � � .
<br /> � .,..,<. .,,,�,,,..
<br /> �
<br /> , �
<br /> • �� � -_ _
<br /> � __ -
<br />
|