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<br /> tha debtev�denCeti by 4Y�e Nt►�e snd I�te cT�A��S fiiD tu�tSeerihe�tat�. ` � � U.,,:n ��'.. �� •� c ; -
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<br /> � • 2. 11'I/fd�31y pt1yQlCeta�7k1clas�1'Atlt��1ld OthCC C`611Yg�A BaTt�or�6�t�1 inCludC tf��?I itityqf�c�.�yli�tt,`` .. ;;...
<br /> - ` . t D g 4 t�W�1 t h C.P��F����t 8 9&CL�flLt�t dR i h$NBtC ab3 i!1 .�YtG C�$l S��371!IA�s'Il�iii Of iA�t,{tl��t�t Afid;". " .. .
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<br /> sp��tt�E�,�t Ievi�d ar tt►bc.tevi�d.u�ainst tha�toP�Y•@?I�I��Y!��!��t�it�an tbe�rt�tg,o t i d. � . ,
<br /> `� �; � (c)pn�mi,�s for ins�uaace�equiaed hy�gragb 4 . . �. , . , . ;
<br />__ -- ' � °��Ig utst�llmeat.far tsema(ttk.{�t}snd{c?�hhEU�ar�twt#�of•ti�s�cual'a�nta,.as �rtsataa�tfy'. .
<br /> - -- � � esoi�ted by Lea�er.gIus en�aunt su�Giani.w maintuin an�3did�:a�.bxt�e,af nat mare t�.a�s-s�xt�af.tIte . .
<br /> - - -- ' : � �stia�t�i ami�tss 1 i�e�u l!ann n a t t�aoun t.far e a�h i terti s 3�e l i b�a t a�s i�►�i 9�;�i{��,;Y,ender witk�n a�e 3 a A d+cr.d�n one
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<br /> ---_ .��th 6efafe an item Rt►nId�wme�1inc�Ben� LendereshaA tinI9�Fte�+a`�'ai���;Si�(�d -
<br /> _�
<br /> � _ , � (c)G��ozcth�ybattimedefs`iiqusn�. . _. _ : �,b - __ . _ - - -- -- _- ---
<br /> ue t�au�st m pugt items ta).tl�
<br /> - _ - : - r°_-"'�fit�;y ur�r-t�s�kss� �-�y t�dEr i'uc�ts{a���f:{���'�c},toga�er aratb�ka�'ut¢�amn6Qiy; ,
<br />_- - - payruenta for such isans papaUle to` dsr prior ta ifie dve�dax�:q�s�ite�os;eh�aeds by mm�_tttan one�ss�ctb�C .
<br />= es�Cated amamtt vf payp�enss re�to pay sgcb itssi}s,rvh:s►�dr�ds�.��+,��fpaynccuts oa t�e DIc�te aze cum�s��taen.lLender
<br /> � en
<br /> ' sTtalk either�famd tfle extse�over one�h af tha�td.g3S'�±�=���t tY�e earess over ane-sixtb of the es�ea�uted' .
<br /> _- _r: �t�t�a sQhsequent�^aYmeaets bY�orrower.'�a t��#�ieaS��'et: If tke tatal of the p�yr�ents ntade 6y Sta��rer
<br /> _ . . a3cm{a7..tb)tar tc)�s insafHcf�at to pay d�e ire�a�x�€at�.:di�ti�cn4o�ver aha�l pay m[.en3�eany art�ar3nt�c�ssa�y to
<br /> ,�'tT'c3����L�e&CyO1YOftfCfOSCt$Cdu�t��S8tT8iIi��S�+:�,'�.�;,�r'
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<br /> ------- -- As t�i�d t.�:�his Socatity Insu�''�e�tm9 iii�s ttr'���:�`�i.:a►f Hous�gaad liihan lfevelapment ordts or heee
<br /> - _---- ' ::: � desigaee.��ri�ip yeat in vrhfch the LendA:�,-t pay a�raattp�r,,,a' Iri��iritt���arn�the Sec�taty;�1s crzant8:p PaY�
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<br />- - --- ,.:, . shall aLso inei�de.eithee'z,'.:#�}�ah�ast�II�nt ot tf�e��pxrst���w 6e paid by i�b�'to the
<br /> =�'�.' ! " .:.:�e�iary.ar(v'j a mo�t�t::�'� � Iasmimerrt is I�e�ii 6y ttte
<br /> �istead of a m tn�$s�u���f;�S�i�r: me rt
<br /> - __ -- ' '.':�;�CretaYy. Each caanddy�i of the mrntga8�inswua'�a�wA�i�:ifi�,j�st.u�u suffieieat ta ac�[igiate the
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<br /> _ ____--: :;� , '� ,<�1 a�aal ma�t�in�u��wit�I.end�ims m�t�;p�ttm_ti�i�ia:�d��'i�.fa�#r�al mOrt �c�e
<br /> _° ";• - g�ernium is due w tLe Secretacy;or if dus Secwity Iasuumend�3f�t11i�,�ftF . �arg�be i�an .. ..
<br /> - =-°--� � � amauut equal to one-twelfth of ene-half pe�ent of the outs�JB�.p�q�! ��..,`._�?It�:;;:�. -
<br /> -�.-_ .�.
<br /> - _ . aocotsnt
<br /> _-.-._.. _� . . If Bonower tendeas.ta Leader the faII paymant of,all s�.e��b)ti:�. �5�3.4�«�
<br /> � - -.`.�D�e.c�ed'tted_v�nth_tbe:b�lanoe � .
<br /> ------------- < fos ali� �nts far'� t�:�t����`��� ���
<br /> .---- .._ �°a�°!°g-----:�.. � ....,-
<br /> _ - �,�eeinium installment d�at_Lender has not 6ecoms otib��tti pi3�:tu��sr Se�'t�,��niteir s� }?�_�uad aay ._... ._
<br /> - .� ,
<br /> _- '�'� �� �- , e�icess finids w Brnro�rec Immedia�ly prior co a i�ivzae,�a a�chb'�r. ar�rs ivadi � 1#s�mwer 3
<br /> � � �. � �;°.
<br /> �--- ---�{ ac�ouat shall 6e creditea w;th�y bal��naming far au�ins�,�1M��oiii�ms ea),N)�d t�)-°�'��:.,.
<br /> _- °:;�''� �` 3. AppliratEfln oiPayanents. AU pxg�inents uader Pazagra}�t�#,.�.;a�t';�sTii�ill:he ajsplied by I.en�er as fouows:
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<br /> ,� 7I�R�tothe mortgage msu�anoe premium tn be paid�y�L�dGS:�Ei�S��t9r�r.Ar w the mantl�ly cl�atg�by t14e
<br /> ��,;.�,zzr:,�; ,.. . .
<br />�_� t .�.�v; � , -- insteadofthemor�hlyia ittsutance luwu; - ,.. .� -...,.__ . __..._. �-.- -
<br />_ �-�-�`����+'`R�. ����ny ta�ces.special asses�teasehoW�paymsa�tk arig��y.ri�s�if�:artd fire,flood aad other�azam� . �
<br /> k�;:-�l:t?��:�`5��•'i t' lASflI3IICR�3�'�TI1IUtC6S.8S t�jt111Y� ::,. ' � ,
<br /> _ !�'� -.'t=;,ri � .. �
<br /> �;,��:v j.;��,.:�.,}. � �11s t,�interest due uader thei�t� . .
<br /> x ;� f�;; O J�.to amortization af thv�at af the Note; . �.°: �. � �:'' . _ , . .
<br /> '' �,w Iate charges due under i� �'ute. .
<br /> a�s��h���i�„� .. � _;;::::'. A. Fire,Fla�d and Otites%u�i F.u�ranc� �arro�vet sh21f�insuse a14,�mp�rovem�ts on t5e Pmpe�t}+,whet�r ciow - _
<br /> �r�t?{ .:.i�z.existeuce or subsequentt�°�cted,�nst any h�rsdY:casu�Eties,an�c�irtiqri��;*�irs.including fire.for ahlch Lender _ _
<br /> `��h'�'�,�,�� . mquues insurance. 'lt�is inst�r�`�'sTs�l1!�maintain�•�ii"tlr anin�ncs a�far t t tr���vds tlia[I.ender reqai�.��u�rro�vier. - -
<br /> � '�: .� 'c;,,�',�'} • shall also insui'e all improvemenu o�l tii� .��Derty,whet#�er na�r.�n��sist��m sutc�ec;t�ndy erectas!„a$ainst ler�lsy�floods• • = _
<br /> ;��`'� + ' s �� '' 4
<br /> ' � to the extent ces�uired by ttie S At3l��suiance shall he c�titrl:lvi[fi�companies appmved byf:�er..'I�se i�su�aac� ,�
<br />� 'f'`�� �" � , policies and any renewals shal�=,��,1i� Lender and sh2ll�itr.�tta'..�•�ass payable ciauses in Cairor'of. arid in a fotm ' ' R �
<br /> : �t:�:,:.�.•r� socepta6le to.Lender. . . :- . . � ��
<br /> , �,'�E�;�f In the event of Ioss.tirn�rviusr shall give Lender immtdi2se notice b}��m�fil��Lender may make pmof agldss if not �' :_
<br /> {�1�¢����z ,-. made pmmptly by Bomower,,..l�ach ins7►rance oompany cor.xm�d i�h�.^eby�•a�al3r.ai�d and directed to make p&yment for __
<br /> ��t��, � t�,. . such loss ditectly to Lender.instead ofto.Hoirower and to Lea���J'ca�s�l)ti•,AtlEar�any�paR of the insusance proce�is may be � _.
<br /> � '� applied by Lender,at its optIon.either(a�.f:o the reduction of�tlrt i#►�s.�,tdm�s under the Note and this Sec�nty insuument, �
<br /> �.f�'`°,'=��r -3�.�_
<br /> ''..r:'.' . fust to any delinquent amounts applied in the order in:Psra���3��a�d�then to pnpaymeni of p�incipal,or(b)to the =__=—
<br /> '"• �. • , �
<br /> � �'�, -;�. , • , testoration or repau of the damaged pmpertY• AnY aP�licaUCm at',tttu p�c�eeds to the princ�pal sh2[t nCS eatend or postpone �'�:•�--
<br /> -r�;.;(�" ri!- , �d.
<br /> ,.,••:, y t�e due date of the monthty payments whuh are refasr+�dfi.,aa��Riaa�tapts�2,c�r change ttcE amount qf'�icch paym�ts. Any _
<br />_ ='ry���Nr., �,; �a-sess iaswance pmceeds over an amount requiral�tu�4iy�'all�0u!st$nding indebtedness�der the I�t�te aad tfai.s Security � :::
<br /> { � £ststrument shall be paid to the entity legally enutIed tti�retar. �. : • ; � '�'" '
<br /> Sr�a�� r :�,� � �� ` N the event of foceclosum of this Securiry Inswment�os�oct�ar�ttt:tisfer oi tide co the Pro�Il+�t euingutshes the =-
<br /> �`<�.. .::,�; �: indebiedrtess,all righ�d8e and interest af Hoaower in and to irxitr:u+i+apnlieies in forre shall pas�ti�tii�purchaser. -`'•��`•:w=—
<br />- ...{�,� ..,,. ,, �:'v:--,:h..
<br /> - ,���ht�� •.� .. • . 5. Uocupancy, PreservaHon, Maintenance aad Prot�cssk,c��o7�¢he Pr�opPrty: BorroEVt�'�`Loan Appltwtion; ;,.:r:,;�'';;,;-'.:
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<br /> �' �4.: .� ' Lease6otds. Sorrower shall F' p tY ' �R'
<br /> •..;. • � � occupy.establish,and use the Pmperty as Borrovrers nnci al cesi�rnce within s�a days r;��:,,;.', �.,�
<br /> -„���• �'�t:,, :: .', aRer the execurion of this Secunty Inswment and shall continue to oocupy.zh�x Ptc�pesty ss Sbrruuers principal residence <�;:,;�;,„�.: :�:`�• .
<br /> � ��° �� r for at teast one year after the date of accupancy.unless the Secresary determirses thi3 c�{tiimcir�t�iEl cause undue haidship •
<br /> �. s;.' , � . . ' for Borrower.or unless eatenuating circmnstances exist which are beyond�BorroK-��'carumf''Sorrower shall natify ,
<br /> - �.., .
<br /> j""�'�` '' � L,enders of any eatenuating circumstances. Bomower shall not commii waste or desuoy.dam;3�+:��r,substantially ehange • ._ „
<br /> _ .•� :. the Property or allow the Propemy to detedorate.reasonable wear and tear excepted. Lender m's,jr im�ect the Property if the � �
<br /> + �'�'r.;�;'•r. :�' Property�s vacant or abandoned or the toan is in default Lender may take reasonable action[o�mtect and preserve such
<br /> - ''�'•:��t.;':�� vacant or abandoned Ptoperty. Bosower shal!also be in defauit if Bolrower.during the toan application process.gave � � •
<br /> '"N^;ii�� � materially false or inaccurate u�formation or staterraenu to Lender (ar failed to provide Lender with �tug material . �;; .. , ..
<br /> � ' . �11'''{'`''�' � �'' informatIon)in coanecaon with the loan evidenced by cfte Nate.ineiuding,but not limited to,r�t:e�.;y�tatfany araceming � � `�; `
<br /> -��� ��` � ��;� � Bor�ower's d�aspancy of the Property as apnncipal residence. If this Sc+c�ary Inswment is on�,I�:�lS,otd.Ratn�aver shall . � ;'
<br /> �" .;�� ;, complY wi�is tfte�Qruvisions of the lease. If Bomuwer asquires fee titYerr�the Propeny.the[eas��l+i'11lIIl�YE'G'tlr.(e shall nor i;: �"
<br /> �. �;�.• .. , , . . . , ,...
<br /> ,:.f�,;,�;'di,.4_ ','. be mer�ed ua�s�.ender agrees to the merger in writing. , . ,. ;,.:,
<br /> tii>,�;�;.,� � 6. Char�to Borma�r aad Prot e c t ton o f I.e t i der's R i g h t s in t he P rape r t�z: C C E o i rowcr s t s a l.t p ay a l l g a�e rn m e n t a l r,�����,^'' ':
<br /> � .e �
<br /> : `y�`,�45?f�:;!',', ;•.�':�'':' • or municipat charges.fus�.�3nd impositians that cue not included in Parngraph 2. B+�tiinwer shait pay these oUligatians on �tt������; �'
<br /> '�`' 'fi:'.,:'. ,::•
<br /> _ ,:,;;.1�„ ;. ,,,•.,:.;.:�;;IJ .� time directly to tlte entity which is owed the payment. If failure to pay would�;.ii�rsely affixt lxadeT s irtterest in the ::{��.•
<br />- t 4'' r`�''��,�;�t;• : PmpedY,upon Lender's request Borrower shall promptly fumish to Lender receipt3 evidencing t1�r�,e payments..
<br />°�. ;,,,,;,;, �:,,;. ;.;�::.`,if If Brnmwer fails to make these pa�+rnents or the payments required by Paragraph 2.az�1"�iG�3 co perfarmany other
<br />_ ;�,;tt;riifl};.• :'";. . covenanis and agrcements contained in th�s Security instrument,or the►c is a legal pr�eeding t4�ui may sigmifeeantly affect �;.'�.•:
<br /> .,At,,,,', :,. ' ' Lender�s rights in the Propeny(such as a pmceeding in banktuptcy.for condemnasiun or to enfoi+oe laws or ngulahons). �.' '
<br /> '�%`:jj�",'�-°`���: •' `� the�Lerider ma do and a whatever is neces to tect the value of the Pro arld Lendet's dgt►ts in the Pro _ -
<br /> Y P Y �Y P� P�Y P�S'• ��:,. :
<br /> - . including payment of taxes.hazard ins�rance-and oiher ttems mentioned in Faragraph 2.
<br /> ' Any am o u n t s d i s b u r s e d by L e n d e r u nder this Paragrnph shall become an additional debt of 9orro�r�er artd be secured
<br /> ' by this Secmfty Insuumen� 7liese amounu sha116ear mterest from the date of dishursemeat,at the IVote rate.and at the � .
<br /> -- " � optian of l.ender.shall be immediately due and payable.
<br /> t.. T. Condtmnattoa. 'Rte proceeds of any award or claim for damages.direct or consequend�.in cannettion with uny
<br /> ,..'•;. . ` . ' candemnatIan or otGet talsing of any Qart of the Ptopetcy.or for conveyance in place of condemnadon.are hereby assigned • ,
<br /> �- _ . , and shaU be�faid to Lender to the extent of the full sunount of the indebtedness that remains unpaid under the Note and this .
<br /> � ' Security L�swment. Lender shatl appty sush proceeds to the teductian of the indebtedness under the Nate and thls Securiry '`�. .
<br /> '. ; .. " .ri ,�': Inswment.fust to any delinquent amounts applied in the order provided in Faragraph 3. and then to prepayment of •
<br /> •--.�_-_'�!--___.:_�__ principal. Any agplicanon of the pmceeds to the princiyal shall not eatend ar postpone the due date of tRe monttily :
<br /> ;� . r,.• _ . - -=:_
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