|
. . .... � . _. _ _
<br /> .,, • ,... -�,.. -
<br /> , . . , :. � �
<br /> ,. , , .
<br /> . ..
<br /> .. .. �.. . : : . . . ���
<br /> �-._-1, ---
<br /> ��r�:
<br /> .
<br /> . ���,�r:.
<br /> ' � ��
<br /> • '�� �/����.� ����� `�:"=--
<br /> >�.� Asst �m�@ 04 f���� ��-_...
<br /> � 9 R•�-r :-.
<br /> THI31�FA.UtILY RID6i is msde u'�15 i . � "�Y��R� . 14 8 and l� incorparated lnto and sha9 be �;c'��,_;;.
<br /> daemed to amend snd oupptement the Martg�ga Oe�G 01 TNSt OT SECUIIIy OEBd (U10'8ecurEiY Insw!nenY)of tF�e same date g�n G}r� �^�-:;.�.,_
<br /> understgned(the'Bortawe�)to s�cure 8orrawer's Note to Th9 O�Bf�sfld NstiO�g���) m�ha a�an:e date and covai�sg the
<br /> _;`1_ v�
<br /> �p�71 desalb¢d tn the 8ewrEkY tnstrum�►t attd�o�ated N: �
<br /> . q�i3 Eas!H II St Grand Isq�md e Scs 8 �81 �'�°'' .
<br /> f� [ProO�Y AQ�es9] �^n�•r.�
<br /> ie
<br /> �{ 1-4 FAMILY C�VENA[�7'S. In add'itl¢n to the covenants end agre�zmenis tn�de in the S�udty InaUument. 8ortower and I.ende► .�".`".
<br /> � ��x_�v,.
<br /> further eoveaattt and agrea as toL'ows: desc�ed In
<br /> 0. AQD1TlOE�IElL PaO�EATY SlJ9JECT TO THE S�CURi7Y IMSTRtJAA��YI'. tn addrtion to the PropertS!
<br /> .. � the 5ewrfty [nstrument. the foltaviring itesns are added to tho Prag�riy desatpitooever nwv or her�after located tn.onaor us�3, ot�trttc�►�+d y`L:T�
<br /> w ats �=_=�'
<br /> 3ec�rfyl Instrum�6v3�ng materta[s.aAFQances and goods of evary nature or distrfbutng heating�eooQng� �'°�,:.
<br /> " , ,� �� to be�sed in carr.ectlon wRh 4ho Propeqry/. incNdin9.but not Urtdted to.titose tar the Purpases cf su9D�9 lumtsing. 6utt�W6s, f�_._
<br /> � dectrlcfty, gas.�ru'�r air and pgfit ifre pravertttore snd e#�gi:ishin9 eAParaWa, seeurity and aceess controf aFParatu9• P ` '
<br /> •� � water h�tera.�cesets.s;.*.k�, ran9es. stoves,reflfgaar-..rs, dishwashers. dfspo�sis, washers, d�Yers, avm(ngs. stotm windows, st9rm 1�..:�
<br /> doors. saee�s.�'i+:fa, shad�. �h..=zis and wrtffin rads.�ed mirtois.cah(nefs.Pan�On9 and attached itear caver�gs r�w or h�t� E+�+�-
<br /> aita c h e d to B sa�e n l/,al!of,w'*a 5.Essdu�:g re�:sera's sad ad�ilens therew.sha assWad in the�Sew�fi�/ ���.^�:'t{�ttia leasehc d `-`
<br /> wyerr.d by tke�:rit�► (nstrumeist. Ni of tl!s:`�rE��s-g t�y�ther w�h the Pra��ty+ '�:.LL�
<br /> .. estate H the Ss�^...a+�Y insflument ts on a leasu�:�3�sr�retat�t!t���tHs t3 Earrr�t Rida end the SecutEty Ins�s..'-r.�t es t'ha'Prnp�M'. �<
<br /> B. USE OF PROPERTY: COl1A�r�.083�3+13� 1NfYH L�W. Batsav�sha�nct seek.egrea to or ma.Qe s d�ange tn u�e�:sa a5 ---
<br /> tha Property or(Ls mning d�ssiRea�on. unless L2�rder has a�zd 4n wrfi�g to tha eflang� Barrower sftr.�comp'•Y vr�h s7 tz►vs. or�rt:..��s. �� *'`°��`
<br /> � �ons and tequicemP.rtts of enyl govemme�l bodl►epF�fala ta tne Pro��tcy. r"` '
<br /> :;,yc� G SU80AD1t�1A7E U�i�SS. ExcePt as P�d�'��taw.Ba;rowar shen nat s�taw any Be��r'sar ta G1s Smaity tnstrument �
<br />`':r:;�; . to he p�fected agaYist the Proper[Y wbthont Lender's prfor w�itt�n pe[mfsstnn.
<br /> '�::u. D REI�i'If LOSS IPISUiiANCH. eortawar sh�rte�+tsin Insurance eganst rent toss tn a+c.d�:as!m the athP-�ha�rds for wr�IcT �.
<br /> �,.%y. insurance ts req�aited bN UnHorm Covenant 5. . �� ;.�:,.
<br /> < E. °BOA�+t01$tER'S Fi1GMT TO REIi1QSYAT�°OELET�D. unitarm Covenant te is deteted. �s;.��v`
<br /> • �. �OW1a�L°�Pi'$O�UPA�SC'1P. untess L�d� ts del�d� Ari renutnNg�venants a d a��ntsas�rtb tn unHarm "-
<br /> ' Cavenant 8�rt�`.in9 Bortawer's acapancy ot the Property � .
<br /> Covenant 8 sh��in eRecl. � �`�
<br />" G. ASSI6NMENT OF L,EASES.Upon Lender's request. Bocrower shaD asst� to L�nder aU leases af Ne Fraperty end eQ �. •.
<br /> �ecurity.daposiis made in canneclton wfth {eases ot the Ptoperry. Upon the assi�menl.Lend�shaA have the dght to mo83y.e�Rend w f+,.;r
<br /> t�ate the existfig{eases.qrtd to enecute new Ir,asw. tn Lender's sole dfsaetlon. As used tn tflts�nra�h O.tha word 'teass• s6�a0 s�`�;
<br /> •, c,m�x•sut►fease' H the SeauHy/lnstrumeot Is on e leacehafd.
<br /> �,�''�- �. ASSiGNMENT OF REN'1�: 61iPPOli�67'6'�=:�r'f OF RECE(i/ER; LFI�DD�Fi IN P�SSESSs ot Lo6 hom tit Rses[Y2�F."• • "y-
<br /> � ���'t'� aad uncon6flonaJlY assigns end tianste�s to L�ncrara e0 the rerrts ana rev�ues(•Ronts3 of the ProP�Y 9� ---
<br /> r.`q`T,�.
<br /> �a Prcperty.are paya�la Bormwer authorizes 2.�der or Lmder's ageats to coflect the Renis.and agees that etch tenant ot the Frop'�j �
<br /> s'�a9 pay the Rents to L.ender or Lenda's ageesis.However. Borrower shaY receMe the Rents unt0 (�I �►der !►as qiven Borrawer notke di
<br /> _ �t=3autt pursuant to p�a�raph 21 af the Sacurity tnsWment and(�Lenda has�lven noUce to t4�a te�snt(s)that the Rdfb are to be paid to
<br /> ., . tendw or Lenda�s�qen� Thts asst�nunt of R�rts consG'lutas an absoMe aaslgnmant and na!an assignment for nd6t1on�1 sac�uiPl ontY•
<br /> B Lender givas noUce of broach to Boriowec n a�Rmis reoelved by BoROwer sha9 6e heTd by Bortoww u trust�e for ths ben6Gt af � �
<br /> Lander onty.to 6e appYed to tP�e sums seare� by the SeauitY Inswma.r�(�i.�ender sAa9 bs entit{ed to t����s ga�ts apa► ---
<br /> . ' ot ths PircP�Y• f�)Borrower e9rees that each tsnant oi tho PtoPerlY ah�WY e8 Rents�e artd unp�id _
<br /> t.endds w�ten dem�nd to ti�e t��!�I unless appBrabte law Provtdea atheiwlse.eY Renta cotected by i.ande►or Lender's agenb shail be �
<br /> ePP�ed fiat to the costs of t3klr►S aontrol of�td mw9�9 the Propety�nd co4edinp tha Rents.hdwfnQ�but not Binfted to:attamya ta�s. _
<br /> � redeitrers taos. P�miums or►receFrera 6ands�wD��►d matntenance cosU�bs�r►ce ptar�ums�t�uca.ast�saments and o1h���es� �
<br /> � - ��V�Y•and tt�en to tie suma��wred by tha Seouttl�►fnatrumer� (�)Lander.L,en�er's sQents a�try Iu�CWfl� , -
<br /> be�te to acco+u�t far ony those Re�ach�vtY roc�ve�k en0(n�Lender aha0 be�titied to have a�hrer appoi�ted to take possesstan _�
<br /> . '. oi�ttd rt�r►r5a:ne Piroa�ttY end co8ect the E�and pratds defited imm the Propetly wRhaut stty ttitowin9 ts ta 4he(nad�quacy of ffie -��-
<br /> Property as aeeufity. �
<br /> B tfie Rents of the Pmpaiy are no4 sufF,cfi�to cava the cosb of teking conWf of and merta�fn9lhe PtWeRS►�nd of colecitn� the
<br /> . Ra�rts any (unds e�ended by Lendar for �:� puryose� sF►�b beeome indebtechess of Bortower to Lendet secu[ed by the Secutity
<br /> (nstrument pursuant to Uniform Covenant 7. —
<br /> ' BoROwer represents and wamnt,�tAat Barr�wa has not ewecuted eny pfiar a�t�m�t at tha Re�to enQ ha3 aot�nd xrGl nat pe�tam �_�..
<br /> • any act that word�l�revent lende►from exe�d:sits�i.its Aghts unda this paragraph. • � __
<br /> Lenda,or i.�mdsr's agents or a�dMJ1�'��!?;,olnted receiver.shaA rtat be re�Yed to�nter upon.teke contrd of ar mihLtn the Rropeity ��,
<br /> ' Detore or aRar g7�Stta notke ot detauit to Bonc�rer. Hawever.lende►.or Lendsr's ag�ffi or a ju6cia2y oPDohtad recdver�maY do sa at�rry !T—
<br />. Ume whan a d��Qt oewrs. Qtr��aPPiation ot Rerrts shail not cure or walve any detatilt a tnYSYdtte otry otRa dqF�t ot rcmedy of l.ender. -
<br /> ThTs assi�mertt of Rerts ot the Properry sh�Y t�ate when sJ the cuma sEC�ued by tha Weeurity InslcumeM are paid tn tW.
<br /> '�;,.�};t. 1. Cpp$$-pEFAULT PROVISL�'t� Oortower's defauS ar braecb under sn'f�rr�rce or egreenent h whieh lender has en Interest
<br /> �•�.
<br /> . :��•+;' , ahaD be�broach undor the Secufity Inshumert�and Lendu m�y irtvoke artY ot the raRedes Pem�ttsd bY the Seaufty Instrumen�
<br /> � '���(#:' 6Y SIdKiNO BELOW,Barrawer accapts end agrees to the terms and G�'�s�!���thb 1-4 FemYy Wdw. .�
<br /> �•
<br /> ' r.e:.•-.
<br /> • �'Yd�.'�. .
<br /> .'� ! �• �
<br />, �pt�����:
<br /> :,����;:;�% + f�Conroy
<br /> ; ��'�'� �, � �
<br /> �� Ba�rmver Mg� CpJih'iy c-=.
<br />`A?:, � —�
<br /> :,i'.`�.
<br /> �
<br /> Bo � E . ��
<br /> `... �r � �/J�AA.,�h�C,.=ddt.f_�9�' __[Setl1 _
<br /> e�o tower ,�g=oII L. COIISO]
<br /> _ : �:_
<br /> � MULTiSTA?E 1-4 FAMILY RI�FA•Fannto MaeJFreddte Mac UnHorm(nstrument Form 51�0 9(DO ��,_
<br /> � Ft342Wfl(11/94) �
<br /> �. �
<br /> !.�_
<br /> �-;
<br /> . ' Consumer �h?�
<br /> . ' � ' .. . . . , . . , . , ` • ' ' ' • :;.
<br /> . . , � . . .. ,_. ' - . ,. . - . .�.' . '�'. .c . . .. . , ' � � ... , , ' . . ,
<br />
|