|
. . . , t. . � .. _ . _ ' tt ' . . . .. . . . . .. . . ._ _..__ �
<br /> . —-.,_�..�4 � _.___... .. . � �.' � ` � .. _'�, �'�' ...
<br /> �74 0. yL�i��I t � , , ( ;�;.
<br /> � Any nmounts dlsbursed by Lendar undar this Peragrr.ph sha� becoene sn add3lonal de0t of BortOwer and be secu�ed by K � ` , �.: , _'}A.
<br /> thb Seeu�&y fnstrurncxit These amounta sheH 0ear htErest tmm ihe datm oi u'�sburs.�-:�t ot tl:e M�ts rn.}s.2nd at the optbn of ==i---_=;__-T'�,-
<br /> �� cxi � . -, ;;—
<br /> t,e�sder.anae ba tmmedt�tey due and paynbla. j *- -
<br /> Bortowm shaft OrompUj d�,eNarge any ften wAieh has prfonty ovar thb 3ewntY Instrument unsess Bormw�: (e) a�'eas in � . ` .�--�
<br /> wrd�np to Ne payrt�ent of the ob�aUon s�urEd by iho�n in a mnnncr etccptttbb to Lender @)conteste In Qaad fa�h the li�n t �
<br /> bY. at detenQs ayat�st entorcemsnt o! M8 i�r► in. t�al Ptoc�dEnGg ��h1ch in the Lende�s oAinSOn aperats to Drsvant ttse ! . • �
<br /> snfarc�•msnt of tha Cen: or(c)s�ures from the hofder ot tha ron an a9ree�ne�t sattstactary to Lender subordfiatfip tAs Gen W ' -
<br /> this SeCUt�y InsOUm6nt It Lend��tsrt+thes th8t eny OsR af th9 Propstty b sub;eCt to a fien vihiCh m8Y flttasn Prbr�Y over Mis � • . -_
<br /> Securhy Mstrument,lender maY awe Borrower e notice tdant�YU►II the Ilan•Borrawar shaD sat�sfy the Gen or tatce one or more of r . • -T
<br /> Y : . ,
<br /> the actlons sst torth above w�in 10 days of t�s givaip of noUee. , �r:�
<br /> ' S. FEP.s.Lender msy Co(tect fees end Charges authort�ed by the Secrelarfr• � . .
<br /> � �=:- --- - � `
<br /> 9. Grounds tor Accet�ratian ot D�bt � . � �J�
<br /> (�) Retaailt��r mQy� e�ceyt a.Qm3e4 by reguiaiions Issued by the SeaeterY h th9 caso of paymsr►t defauRs. . . .'�•:
<br /> raquire tmmedato paym�nt In tuD of aD sum5 secured by thLs Seau�Y Instrument�: ' . .
<br /> (q Borrawer deTauRs foy fa�np io pay in tuB any monthN PaYmmt reQuirad by thts Securdy Instrument prfor to or on ' - . —
<br /> the due date ot the next monthN DaY+��.a� • . ,' . ' —
<br /> (�Bortowet defauRs by ta[lhp.tor a pertod of thiRY daYs.to perform eny other obGgaUons conished�thFs Sec�r3y . ...-�.�.,�;,.-.:A,
<br /> __.r. .
<br /> Ins�tsument. , •
<br /> (b) Sale V�i4haut C+redit Approval. Lender shati, X pertn@ted bY gAA�� �Y+ (hctudin9�n�1(d�of the .� — , -_ -
<br /> QarrtS't pe�main Depos$ory InsliWtions Act of t982, t2 US.C. t701j3(d))and wfth the P�r BPA�ot the Secretary. :-" •�"'.'—
<br /> rsqutre Urtmedlate PaYment�fu0 of a!l tt�e surns seeured by thES Secur�y Instrument iF. '. _ �'*��. .:_
<br /> (q AD or part o! the ProAerq►. or a beneftciel hte�est in a truss cvmh0 ell or part ot the ProPeRY. ts sotd ar c_� ,, .� . •�_
<br /> ., otherwiso transtert�d(other then by dovise or descent?.an0 • , t.��:�.:
<br /> {iq Ths Propxty is not ocCUpied by the purehasw or�ar►tea es his or her prfncipal resfd�ce,or the Dureheser or r . : _�. _
<br /> priirltes do�s so oeeuDy ttta PropeRy but h!s or her cmd@ Aas not 6sen aPproved in aCCOrdar►t� w9h the . � •�4 �ta =_-
<br /> ..3�,'
<br /> � requfenfsttls ot the Secretarll. ..' !''���.-
<br /> . :�;� �.,.,,--s -
<br /> � (C) NO WaIYCJ. It c4cumstances occur that woutti peim� Lendes':z re4uiro immad(ats payment tn tu0. but Lender • ;..c ,.
<br /> does not rWuYe sucfi PaYments�L.ender daes not wafu�Rs d8hts w�,1�sp0et to subsequent events. �.�rs�. '
<br /> �`�-.
<br /> ' (d) Repul�nttons of liUD Seeretary. �n many circumstancas reQutauor�s �ssued by ehe SecretarY � um�t ;�
<br /> Lendere r�8hts. in the case of psY►n�nt defauQs. to requYe inmedtate PaYmant ce g13 and forecbse tf not pe:�. 1'h(s . �:, � �
<br /> . Saeur�y Instumeni does not authortzs�eleratlan or forec(osure�not permkted by rs�+laUons of tiva Sgcretary• . ..,� ����_'f �
<br /> (e) MortQ��e Not Inavred. Ba:r.nn�r a8reea thst H this Secut3!' Insisument end the Note G�m r..ot detemilned to . � x � �,.,
<br /> .. .,!�3•:..�� •----
<br /> be eUp3bb tar insurance unde►the Ptatlo�wt Hous hg A c t w�A b�0 4�(9 0) fr o m t h e �►5 h e c e o� L a n d e r �'.,-R', ..
<br /> may.at fta aDtbn ro4�Ye tnmediate PaY�t tn fuA o!a9 sums secu:ad by thb SscurRY babumw+4 A wAlUn stat�n�nt ;:.,^.,,� � .
<br /> ' from the dato heramf. ��y � "a1-:a :.� . _
<br /> os eny autnori�a eIIene ot me secremn►datea s�cses��t to�of dara(�) -;,::;��. . ; �
<br /> t�ir,suie�his Securdyr Instrument and the Note, shaa�e deen�ed concbsNe proaf ot such inelfplbiRy. Notwi�.s'm�'i�:�p •,�:_,,..., �� �
<br /> the Po�:�3.4hls opUon may not b�sxere�ed by Lender when the unavatlabIlity of insurance is sc�ly due to Lecs�fa . � i} ` �„
<br /> � taAurs to ran�a mortQa�e insurance premlum to Ns Se�retary• ;�n 'c �'
<br /> #` r.
<br /> nas ured trs,meaiata aam1ene h mn dsc�sa ot ���� _.
<br /> - i0. Relnstatement eamcaer nas a rtant w be retnaramd tt te�aer �ea �
<br /> • Borrowers faAire to pay en a'°:a;�'d due under the Note or this Secur@y lnstrumsnt Thts tipAt applies e�en after ft2�+svta �:�,:`
<br /> ,� ��a-
<br /> procMdhOs aro inst�uted.To roinstata Ne fiecu�Y Insuument, Bortower sha9 tender h a lump sum aB amounts �equfrsd to . ..: ^,� .
<br /> � brhy Borrower9 occount curtent hcbdhp. to the extent thsy are obspations of Bortower under thfs Secu�y instrurtrn� .y ,�„ ; :T `__
<br /> fy,�actosure costs and re�sonable and custom�ry attomey�s taes and e�enses Droperhr assoaiated w�h th� to�tosu� � '.:�'
<br /> ' 7�'�.. .'--._..::�..
<br /> praoEadhp.Upon censffitement by BoROwer,thls SecuritY�TM�"�+�t and the o68paUons that B secures 6haB rwn�h in e�3� --
<br /> a i,xnt6K�aG not�ted(rnmed'�te Payment h tu0. Howe►�.LenGw b not reQuired to PertnR nhstat�nw�t�: (�Len�has 9��;r_-;
<br /> a�cepted roinsta'�nt �1Wr the commeneement of torec�s�re proceedhys wRhh two Yeus (rtxewdtatay P�� � . � .'�_j
<br /> ccmrrisncement ot a curtant brecbsure proceedinp.(t�roY+statsment w�F���torecbsuro on dMferent prounds tn the 1h�hue, _ '�•� � � _
<br /> cr�roinatatertnnt wt�adve�^.+�ty aflact the pdor8yr ot tho O�n�aicd by ttitc SFxur�Y In�umen4 i-�,fi�— ��,�:Y..�_r �_
<br /> 11. Borrower Not R�aased; Forbearance By Zender Not a Waive�.�stae�ot th0 t�ne o!paymeft or � ����i�~ `-
<br /> .ufk•>Iti r t•.,.'�.ki:�,- :�'.,_.::,
<br /> � madiRoaUon of Ymorti�Uon of the sums secured by thts 8ecuriry Instrument�anted by Lender to any succes�or h bterest of , �`➢''��-''-�. -�—m. -
<br /> ,,. 7---
<br /> � Borrowar shaA not oparats to reNa��tho Y�b�tY of ths oAphal Bormvrw or Borrowdfa succossor h htmst La�der sAal not b� ��"'�'""--��
<br /> •'�a��►��v+ . ---
<br /> ' requted to commencs D���g���Y successo►in Interest or retuse to mdend tYne for payment or oMerwits madYY ,,_,,,.����
<br />. a.^ioAlutbn of th� sums aeCUrYd by thb SsCUrRyr Instrument by rwson o} eny dernend madY �y tho oHpinat Bortower or ;.r�}�_. �
<br /> Borrowsrs succassors In interesi My to�bearence by Lsnder in e�corcisinq aaY rfyht or rertbQy sha8 not be a waHer at or ' .. �.�.: �,9. �
<br /> .1 prael�tla tlt�mntCISY Ot tny Apht 01 raMdY. _ . .�.:.,_,ses"..: �""'
<br /> mn —=�.s..
<br /> � 12. S�scsssops an6 Asslgns Baund; Jolnt end Several Llabtltty; Co-st�nera. Tne cmron�rs� ene .
<br /> �ts o!this Sacurxy InsUument shW bad end benefit the successors and assl�s oi Lender and BorrowN.subJact to the � . �"
<br /> pmvLSbns ol Petagraph 9(b).BO(tOW6r!COVEftaflb afld II�JaBif10(Il8 ShBY be IOY11 Ylld Sg.�Otel.My BOrtOWlf WTIO COSI�SS 111�4 r. . - .. �•
<br /> Sw:ur@y Instrumant but doos not executa tha Nota(a)Is caaigninp thb SecurRY����1�ony to mortpaye,Qrant and cam6y ',;,:^ � `
<br /> � gorroyr�g inmrgst in tha Prop�rty undar tha terms of L�"s Secun'ty Instrurtw�k(b) is not personaty obllpttad to piy ths .
<br /> sums secured by thls SecurRS► tnstrumen� end (c� aprees 4nat Lender snd any othw 8ortowor may e�ae to wctend,modiy, . �'
<br /> . torbear or maka er►y accomrisodaUons wflh rs�2rd ta the term o}thfs Sec�y InsWment or the Nota aw1.'�out that Borrowers . ,,.;,,�1''�`�
<br /> consan� . _
<br /> • 5,• .�
<br /> 13. NOtiCEl.Any notk:s to 8armwer provfded for n"`fs SacurAyr Instrument sha0 bo phren by delluerhp�or�;��c�il'ny N
<br />' by ftrst Class matl unfass appticabb law rsquires use of enoiher method.The notice 6hS0 te directed to the Property R46:�ss or . ,� �.
<br /> any other ad�ress 8ortower destynatos by notice to LonCar. Any noUce to 4ender shal!be glve+i by tUst ctass mail ta I.enders � ; . --
<br /> • � adtUess atated herein or any address Lender dasipnates by notico to Bonower. My notice prav(ded tor h thts Security � � ��`�.
<br /> n �
<br /> FnsUur�ent shall be Qeemed to Asvo bE�p+gi�to Borrowar or Lendor when 9iven as provlded in this paragreph• � • _
<br /> � 14. Governlnp Law; Sever�bility. Thb Securiry InsUumestt she8 Os poverned by Federal law end tlte Etw of the ; •
<br /> ' Jurisdlctbn in wh�h the Property � foCntaG. In the event that any provisbn or clause of thls Seeurity �rstrument er the Nota �'
<br /> , I • . �-._-�
<br /> , .
<br /> ; ; f—a_.
<br /> � Fb813.LM0(9I80) P:.y�3 ot b ' �-'-
<br /> : i _ .._.__... - --- =�
<br /> I , � . �
<br /> � � . , �_::
<br /> � � �- - •- - -- --.�•--------..,—:-_,.;.:._�_.:r�._-. - - _� - _ ------- = .T�;"'- - . � . _� . .. . , . —. -
<br /> .. . ...; .-_:�.•.:-•.-...,.-.._•-
<br /> ..-,_...,_...,._....i-. .. .. �,...'-._,.� .'s---
<br /> . .... ... _.,..._... . ,..,_ . . .. . .
<br /> . r �
<br /> _w:r.^_......�.._,.....,--^•-- . - . . . . . .. . . , .. _ .. ..
<br /> ... - . . . . . � �• ' • �..�^ .
<br /> .,.
<br /> i„��— >
<br /> .. :.� . .-.' . . '` . „ . ' . _ ..• . . .�� . _ . � .. . +, . . '' .. . . � .
<br /> . .r. ' . � . . ,. .. .. . ' � � ' .. _ . ., �. . . .. . ' .� . ' � � _ ' _ . _ • . . ' ... , :' ' , ;. .. 1 ... ..
<br />
|