|
. .. ;;:.;:;;;;;,; .
<br /> ..-.� .. ,. . . '.+,`
<br /> �.�:..u�z-f�
<br /> . � � .., �. . ...,,..'. _ . .. s,!s.�llii�A�!i6F7L'!R""'.-
<br /> . •
<br /> .., j � . . . ,�.�
<br /> - r.�w.Y- ,�,�, . ' ' , � .4T
<br /> �fljr� •
<br /> �i re,e�._,....r.i ���.....-.., ,_ .c%sr�a, .ro� ._
<br /> , ,. __.:
<br /> ..41M �� (_—'�.�-�....-� .i .
<br /> . .. . .. v� i - ...l. � -
<br /> . . b '•.va}11Wf� ��4 - . .. - . _ �4-.-•l,.� ... ... .... . ... . . ..r" � �
<br /> ,3.
<br /> .. . ..
<br /> ^ ��-- "
<br /> ' . " . •"RTr. __ ... .,.�.. . ... . _. . . . .. .
<br />� �i:4'1���: ..
<br /> .i.^ � , —____
<br /> � . �Y!"„-
<br /> Lendor mpy, �t �ny tNna,ooftect end hold amounte tor E4crow Itoma In un �pprepsto amounl not to excQOd tha maKimum
<br /> nn�ount Qhat m�nnd tmpl�rnontlnp0cputalone�2A�CFR PcR 3 QO,Gaohlhoy3Anny8boecmnndadnfrom�ttrno o9dmo ('RESPl1�) o c ni {.
<br /> f�2e,o� �1 a4a, ��,9
<br /> th�t Ihe cu0hlon qr resarve pstrm k ta d by f i E&P A t o r u n a n l b f p a t od disbureYmunl9 or dlaburucmanto GCtoro thp tinrrnti�•ra's� ��
<br /> .. _.•.. paym«�to tro avniMhle In the�caount may not be bssed on amounta duo lor the mortpape hsuranco��r�o�Lender shetl daal w;th
<br /> ' � " If tho nm0untd hekl Ay Lender for escrow it���9 Gxc"a'rd tha amaunts pcmiRtCd t0 k9 held by d �"_
<br /> G ths axcssa tunds as requlred by F3@SPA.If the amo�nt�o!tunda held by Lend�r at any tlmo cro not SuHk�n1 to pav tlio Esur�w � '
<br /> ��;ri:� �i It�ms wh�n dw, !.�nde►may notily lh�Bortowor�nd roquY� Borrow�r to mika up the ohortapa or detblency ao p��m�d by � �.�•.
<br /> FIESPA. � �`
<br /> 7he Eaorow FundS ara padyad a�nddttlonal cccurky lor all o�ams secured by thl3 Sxurity In3tnimont. il Bortohar tflndarr� �' "Y'
<br /> , to L�ndK th� NN peymmt of ali euoh eum�ae�es promlum hst�h�t thatdLendorNhanh not�b�com� oblipAtedrtaflp�ytt`fpn`„� -_—
<br />_-,H"�, gsma (�), (b), and (o) �nd any morty�pe rbr to e foreobaure enla ot the Pmp�+m' �
<br />`_� Secrotery,and Lende�shall prompty roNnd any excese fund�to Borrower.Immedhtey p � ,}�
<br />- .. - or R�aaqulsRion by L�nder,Bortowers acaount ahatl bo cr�dRed wfth cny baknce ramahhp 1or ell hstalhnento tor Umms(n1, (�l� .,!
<br /> .._. _,�. and (0).
<br /> � � •Y 3. I►pp�iu�tlon of Peymenta.Atl p�yments undar pare9raphs 1 and 2 shall be npplbd by Lender qa tplbws: ';`:
<br />'"-�,.;�..��� _Firat to ths mortflaQe hsurance premium to be pa:d by Lcnde�to the Secretery or to Iha monthty chnrpe by th�3ecrc�tn�� �a_,,:_
<br /> ��6toad Of tha monihty moR�P.�+ „su►enc�premium:
<br />_°=�'t;� ; SQC071d,to �nY tuces, speclal nssessments. leasehoki Poymonts or praund ronts, and fire, ii�od a�d athc�r hnr�rd --
<br />__•'3r '•. , __
<br /> -t���^ Inaurtnca prombms,as requYed; ---
<br /> �t�}''�"�, ' Th6rd to ht�rrsl dus undsr tha Notr, -�
<br />'��`._y..�,aln �
<br /> - �;� F06ilt , to amortiutbn of th��rirtolpal of the Note;
<br />`�°'--= _ ' FIKh, to kb charQes duo unde`tfio Note.
<br /> -�:,.:�.�.�
<br /> � � 4. Flra� Fl�d ��od t�ther Ht�zard Irta�re�nae. BOrtorar shaN irtsare all knArovertr�ntfl on thfl Proporty, whc�t ifl7
<br /> '�;��`l��
<br /> v.'^��k•;_AC� now h xxbtencs or s��DSequer►ty eract�d� �Oahdt �ny �wtrds,aasu�hles. and cnntiripenoias. LicArd�sg t�3. fi�P evhhh lAn a7 a=_
<br />,.��4�°--' nquhs hsurWZCO. Thla ir.surc.nq ehtN be mahtah�d in the �mounin and tor tN� po�lods thet lender mquk�s. B�rrawar sh��! �
<br /> _���� elsn hsuro aH Mprovemente on the Property� whethK now In a�ce or aubeoquenty at�ated.efllhst bcs tDy �bfla� �Q th�
<br /> „�'�� �^_
<br /> _-_-��_. extent requfrod by the Searotary.A�� hturance sheJl be ao�rled+vG3��cerpanles approved by Lendur.Thp Insurenne Ao!'��=a nnd
<br />,,,�y;�� any ronawsFs nhaN b�held by L�nder Qnd shall Inalude bsa pay�rblon m�ausss h favor ot,and b a bmi acaeptsibt�to,L�ndor. `
<br /> �ur:�vv� In tfie aw�it ot 'k�as, B6R0��r sh�!! �Ne lend�v knmedinto �oisre by mall. Lendor may m�ke prool of ��a II npt mrJa
<br /> _ __= promptly Dy Borrowarr. iEa�h k►suranc�oomp�u►y cnncwnad ts h�x�bY authorlpcd and dkeated to mAke peYrnEnt eor suui� �t�&�
<br /> � dincty to I.�ndar, In�onzi ot to Bortower�nd to ��+�ar Jokrty. Ad ar any peet of th� haunnce procoeds mtty me nppl'ad�Y
<br /> �:w��e LpndK. at ks optbn, eRher(a) to the roduCttan Ce S10 Indebt8dnazS under tha Note rnd Ihls SetsurRY Instrurnnnt, fYst!a �nV
<br /> --- dolNquent amounts app��ed In the osdar k�PAraarxfi7�9� and then tn pr�pnyrnent M pnc�pcl,or(h�Ao tho restorali�n or rtroca�f
<br />--- -;_;=_�j th0 ��y�J p�opar�y, Any appllCSYYm oi tha pmti'tads to tho prinelp�l eha8 not extend Or Pnamonu thA due d�ln of 4ho
<br /> monthry payments whbh pru rotxrfld Cv :n P�caf7r.aph 2, or chanpe tfia unount of euch pnymonts. AnY �tsass Incurnnce
<br /> — ru
<br /> - = �nr�ia ovw an�unount roquked to RAY n0 outs,unSnp hdebtedn�sa un�3er tha Nat�ond this�nou+kY Uatnema�t ehra bfl Aaki
<br /> ---_ = to ths M�tKy kO�NY�ntafxtl th6�oi0.
<br /> "�;;.�� In th� wsnt of foreabsura ci �h1s Fiacurky Instrur.ront or other tranatsr ot tHf� to th� �'ropertY thct exinqti�bht+s ttir
<br /> --- hdobtsdnsss,aM ripht,tkb tnd hlero�l�n7 BoROw�r In�nd t� hrttrn�re polbNS In to��ehe9 p�as ca the P��O ar'� �.Q�n
<br /> � 6. Occu arecy. P�e�rv�tlQn► M�Intanence �nr� 6�rotecUon of the Pra�xerty;
<br /> App11C8t10ri; �CMEhOIdi.Borrowar aht.R o:cn�uy. �stablish, �nd use th� Properly as Bottowefe princt��►1 lcrsltJtnt+a wilttin
<br /> sbay day� aRa th� va�cutbn Of thia &�ourY.y In.fLm:cw��l and shtN conthue to accupy th� Property �e Bom)vr�'� Ptinclpel
<br /> — rN{d�nce(or�t f�st o�e Yeu�fl�r th� dtte ai areapuicY. unl�sa the S�cr�tarN dlt�hos thts roquk�rtNr►t wlli oaus� undue
<br /> hudshp tor Borrowsr, or unMaa eatenu�tfnp oY+cumstanas �kt whfch ve b�yond Bonow�r'e c o usubst�nt�lty ahnnps tha
<br /> �,�� p} My �oR�nuatinq circumata�-w�e• Borrov►w sheN not commk wait� or d�froY. ct�^�gs M the Propatyr
<br /> Prop�ty or tNow tP��Propaty to dsterlorat�,n��on�bb wMr md tMr�ocCMr�.�^��y�^aPect ths PropeAy
<br /> fs wcant or abandanod a th�ban b In deh��IC. L9ndx rn�y t�ic� rw�son�bM�a�'°n to pratoot and pres�rve auoh veoant or
<br /> — �Wndqn�d prppKty, 6oROwsr ah�q tleo be In dbhuk M Borrov+K, ��►wnhlo�a�n� �P�4�iormsetbn) h eoans�ntbny kh�the -
<br /> h�ccunw htortn�tion or �tat�b to I.�ndK(or flllad to provid� --
<br /> b�n oyid�ncsd by th�Not�, Ncludinq,but not Nmk�d to�npn�e�utlon�aonc�min9 Borrow�r's occupanoy of thn Froperty tt �
<br /> — principal r�esidonas. I} thb fiecurky Instrumw►1 k on a Mas�hokl, Borrorvr sMN compN with ih� provbtons o} tho kas�. It
<br /> Borrow�r aaquine ho tkb to th�Prop�rry,th�Mra�hoW�nd le�tkb�haN not M mxp�d unlsae Lender epresa to tho merya in
<br /> - wrltlny. -
<br /> 8. Char�e� t� Borrower and Prmt�et[am of Lender'� qiqh4s In the Property. Bortower eh�R pey .p
<br /> gav�mm�nfal or muniCipal chupes, flnef end (mpoaitbns thet are nat Includod In P�nflnph 2• BorrAwK Sh�N p�y ih�ao
<br /> oblklatbns on t�irw dMect!j to tM enilly wh�h la owed the paymmt. If tallure to psy would�dwrs�N 4Neot �e��der'd�nterost In
<br /> —_.. ---= the Prop�rty�upon Lendore nsqusa9�Borrow�r ahaq promply wmish to Lendor ncaipts s'vldanoh7�hes�pnYments.
<br /> -- - It BoROw�taiia tc m�ka th9se ptymM�ts Or 4hY pl�ymsnb frqutnd bY PanpnRh 2,or taNe to p�orm any s�thK oownanu
<br /> end 1rae�nwnts cont�ried In thb S6CUrky InaWmont,or th�n Is a kpil prces�din9 th�t may sqnitic�nty eMwY Lenda'�ripht6 In
<br /> th�PtopeAy(such as e p�ocAedhy In bankruptoy.for condamnatbn or to aiforce kwa or repuktlona), then lendor maY do and
<br /> ,,,,�� p�y wA�toy�►b nec�s�nry to protect ths value of th� Prop�ty �nd Lenders dphts h ths Property,Inok,dhp peymont of texea,
<br /> =�= htnrd haurance�►d other Rems montton�d h Panpnph 2.
<br /> �`�+��� My emount4 d'Abursod by Lnndrt undar this Panpraph �ht�lt b000rtw an additbnal dabt of Botro�ver and b0 s�CUred `ay
<br /> -- thb 5acurNy Inttrum�nt. Theas amounts�htll bsu Int�nit irom ths date of dhbu�ertNnt,at the Note reto,and at tho optbn o�
<br /> ---'— Under,shaM ba Immadlatey dua and p�yabk.
<br /> -__= 7. Condemnetion. The procoeda ot ony twurd or Cium tor dartuipot,dfnct or oonuquentisl, h connoctbn wkh �ny
<br /> cpncNemn�tion or othor tokh� ot eny part of tho Proporty,or ta conwyencv in plica ot oondomnatbn, aro herebY uel�nod nnd
<br /> -_;�;� ah��A be ppfd to lender to the snRent ot the tuN unount ot 4Y�e Indobtednese th�t rortKhs unpaW undor tha Note �nd thb
<br /> _:�:�� SecurHy Instrun�►t• Lend9r �hpll a�pph suoh proco�fs to tho rmduaibn of the hdebtednsss urtdor tho Note and thb SeCUrNy
<br /> - ��" �nsWment, tir6t to any d6lfnquont �mounts eDP��+d h the order providsd In Pnrapraph 3, ar►d then to prepayment of prMCfpal
<br /> .=�c;�� My applbatbn ct tho procaeds to th� prinoipal xheU not extcnd or postpone tho due date of tho monthy paymonts,whbh �ro
<br /> ,k�� nferred to fn Pamprnp0 2, or chanpe the amount of suCh p�yments. My uccoss proceer's over on amount �equlred to pey ell
<br /> u u t s'�I n d i n p h d s b t e d n o a e u n d o r t h a tVat�and this BeCUrRy InsWment ehaN hn putd to lhe entky IeOa�N entkied thereto.
<br /> _���� g. Feea.Lsnder meY coneot 4oes end ahnrpee authortx�d my the Secretary.
<br /> g. �rounds iQr Acceleretton of p�bt.
<br />_-r-i--�-y.�'�• (e) Det�ult Lcnder may, eacopt ae �mAed by reQutatbns Issued by thA Secretary h tha cxso of paymsnt dotauR6, _
<br /> ��"� " requfre Ynmed{atv pay��h �ull ot aH wums Eocurod by this SecurRyr Instrumont ff:
<br /> .�����:��
<br /> __ �==:�a� (q BaROwer detstuRs by faAhp to DAy h tutl tr►y monthy payment requMed by this Securky Inslrum�t pr r to or on _
<br /> =�':�;, tho due date of tha next monthry paymar►t,or
<br /> . --=�m S.� _�������wnr detaulta by felihp.tor a pertud o!thlrty days,to pe�torm anY other abi:Datbas contahed In ihis Securdy :
<br /> -;..ki�:,.-.., .'� InsWment. _
<br />,___�,, .��.`.9• (b) Sele With�ut Credit Approvel.Lender ehell,N permMted by upplicabfo taw and wfth tha prbr approvgi of tho
<br /> Secretary, requke knmed�nte payment in tutl nf all the sums secured by thta Sacurity Cnshum0nt It:
<br /> ._.�... - -,_�
<br /> — �'y F60f7.LM0(Gl�) Pep� 7 at• _
<br /> •�-•ed
<br /> �'5�;::.:.�=,ar.. _.
<br /> ��...
<br /> .h _
<br />- � Z60
<br /> , � �
<br />
|