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HomeMy WebLinkAbout0088 (,iNIVURAi ~ U~Ilh~AIIS ~)Ift~M('f .~(1~I i Cll~i i~~~C11.111) .Illl~ .tKICf J? Ii~II~~M? - ~11eM ~ tf11MlM1 M~ ~leletnl. li~ai.~~er ~h~H ~,r.au~~il~ Mhcn ~i~K ~hi• ptin.l~~~1 +~1 rnJ +nlcrc~l ~~n Ihc incleMcdrxss ~~e~1c~cJ bY Ihc ti~~Ir. prc{+a~nxo~ an.l I.~~c .h.~r'r~ ,n ~~~.•~~Jc4 ~f, t~N• \,~IC .~nd thc pn~.~pal ul a~K1 in~crc~' ot~ any FWurc /?d~ao.e..ecure~f b~ ~h~n M~.r~K•~c ~o~i IM' Tet~ aw~ I~MfMCt. Sub~ttl t~• ap~+li.ahfr I~w ~~i a ~?n1~cn MJIYI'f h~ 1 rr?~r. Ii~~tt~~Mrt ~h~ll pa~ to l.crnkt un ~he Ja~ m~~thiy m~~allrt~c~~i~ uf pnitii~~~i .inJ ~nirrc.~ an• ~,.~~aMlr unJai ~tx ~~•~c ~~nt~l Ihr iu~c panl i~ fulL i fW11 (~1tft10 ~~FUhJl~~) tVW~ 1~~ Vtlc 1N~~(Ih t11c ~~atl~ t~1ca ~na) ~~~c~~11?cnl~ wh~.h ma~ aU.~M (~t~.~~N) ~~rCt Ih~? Mcui~a~t. snd ~ruund ~e~ta ~u~ Iht F'rt~pctt~. ~f rm ~lu+ ~~~h twrhth ~•1 ~rrr11 prrrn~um m~~rUn?r~H~ (~~r h~i~rJ ~~?~ur~~kr. plus o+~e-toel(ih ttari) ~xesn~4elh rr1+1a!lttx*~r• r,,• }*:,,*!};~t s.:...._.... ..:el 3~~ .i: ::3=a°:;sl+lti r:::r.ia!::! s;ut:.?t:r ai:e! fsi~m tlmt to Urtte A~• ( e~Mkt ~~n t11c hati~. uf a~~es~n?rnl~ .~~?J I,~il~ .~nd •rcr..~nrhk• e~~unr~e~ Iharc.•t Tl1t Fund+ shal) he' heW ue rn imhtuli~~~ Ihc Jc{kh~i~ ~a ~.~~,un1. whi.h ~re inwreJ ~~r Kuar.u~trr.l h~ a I~tiler~l ur slate sj~Cnc) 1 u?cfud~nR l.enJer ~1 1 cnJer ~uth .~n ~mt:~u~i~+n i 1 rnJ~r ~hrll .~p~+l~ tMr ( u~xl~ t„ ~.nJ t.s~~^~. aa~r~~mcnl~. i~ffutaM'e prem~um~ arwl ~tM~nd rrnh 1 cu.icr ~n~~ n,,~ .harKr t.,r h,~{~l~nR .~nd .irrl~~n~ rh.- 1 ~n?,h .~nsl~nn~ ~,~iJ r~«~unt o~ ret~O~n~ anJ cum~linR w~J a~x~~ntcnh rin! h~ih unli•~~ t rnalrt ~w~~ H,~rt~,v~rr ,~~~~r~.~ ~•n Ihr I unJ~ ~nd ~ppl~ca~•lc I~v? petm~ts I.etxler 1~. ma?e ~u~:h a ch~~Rc M.~tr~w?cs anJ I~~?.Icr n~.~~ a~;rrr ~n Nr~tmg ~t ~hr ~inir ,~t r~r.uu~•n i?1 th~~ Mottpje lhal ihittdl ~n? Iht hunJ? .h..ll hc pi~J t~~ N.,~t•~v?er ~nd !inl~~~ ~u.h .iKrccnnn~ rn.edt .~r ,r~.i~.~r~lt Irv~ teywtd su~h tnlete~f M ht p,a~d. i ttxlt~ ~h~l! m•t hc rc.~u~rrJ <t~~ N~~rr.~v?rr .~n~ ~n~ctr~t ~~r r.~rmn'. ,~n thc I ur~J~ t cnalrr ?hali pve l~ &~rr.?wrr. witFx~ut ch~r~c. ~n .~n~iual •~~~~unlit~K ul ~ht 1 unJ. .M~NU~K .tcviu~ .~nJ Jri,~l+ t~~ ihc 1 ui?J~ ~nJ !hr PufPutt t~?r whkA exh .kbn t~~ the 1 uttth v?r. rn,e~k Ihc {~~nJ~ a~x ~N~tilKrJ a~ e.l.INi,•na( ~c.untt 1~~? thc ~ur~i~ ~e~+?ra'~1 1?y tAn Alutlsa~e ' Iht allwunt o( Ihc f~untl~ hrW h~ I cn~kr ~~.~Ihci N~il~ ~t~r lulura tn~~nlh!~ in~l~llinrnt~ ~~t 1':mJ~ ;1J~d~1~C pte~~? t~+ Ihe dut djta u( la~es. as+ca~~~xni~. ~nsur~n.r ~+rc~uium. enJ Kr~vi+~.i ir~~t. ~h.~li ~~~rr~) 1hc atiti~u~N t~yu~tr~) lu ~a~d I~tC+. aueas~MOt~. ~nwranct prtrn~utns arxl Rr~a~rK! scn1~ r. ~hr~ Irll d~K .u.h r~.c.~ .h~il hr rt Fi~~rr.•Mrr'. ~~~~~„n r~~hrr ~~11O~11~)' ttwtd (0 ~tfPV?tf ~N C(~'t~~ICt~ I~t ~~ff~~r?tI ~M ttlt~nlhh in.t,~llnlinl•. ~~I I~~nJ~ ~1 I~1C .~~ll~~ttnl ul ihr ~ uh~S Atld by I.Cixkt thall rx~! ht wflKleol lo pay taic~. a~v~~ntrnh_ m.w~~~c p~rm~um. an~i Kr~+urtJ irnt~ ~a thrt fali Jur. ~Of'Tl~lf (fi} ~P {.C(hkf ~n> ~n~.~un1 nati~c~~ar~ li~ t11J~C 11(+ t~la ~~Cth ~rrh \ Mifh~R ZO .1.~~? It.~t~~ Ih{ ~a~C ~~~~h~f t~!.1~~c1~ br lender to &~rr.wer reyucs~,n` pa?mcnt ~hcrr.~t U~~11 pa~mtnl in [uU ul all sum~ scwtrd M Ih~~ ~I,atK.~Kr I cnJrt ~h~ll ~t~a~~~li~ rciu~d t++ Fk~?r.~Mrr an~ 1 un.ls htid ~ I.e~xlet. undtt p~tajraph i!+ hrrcul thc {'t,~prrt~ u,ld ,n tlh• 1'i.~~ri~~ ,qhcrv~~.a• ?.y~nrcd h} I enJr? 1 rn.ler shall ~~Mr. i~«r than ~n~mcd~+trl~ praN w ihc :ak ,~I t1?r !'~~~{nrt~ ~+r u. r.yu~.~t~~~n t,~ 1 rnJco. an~ 1 unJ~ txld h~ (-t~er at 1he hme ut appik~tK~ a~ ~.rrJu ~~ai~?u the +utn. .e~urcd h~ fh~. ~f~•rt~~~Cr ANlica~low d h~Merh. l nic.~ •p{•I~.aMc ~aw pr~~~~~k-~ ~~tthrw~.r all pr~mrnl+ ir.r~~~Y1 h~ I cnJct t~n.kr Itx NtNt ~t1t1 pa/~~raph~ i iod : hctc~d ih.~ll hc appLcd h~ 1.n~l.~r hr.t ,n j~.~~mrnt ~n~,~unl? p~~..t+lc 1~~ 1 rnJc~ h) li~rtru~+rr undt~ paltj~aph 2 t?crh~l. lhcn tu in~rrc~t p~~~hk ~~n Ihc \,~tr ~hcn t~• tln ~ r~n~ip~l .,t 11?c \.Nr, rn.i thcn 1„ irilr~r~1 prinr,ipal ~~n an~ Futurr Advancr. _ ~~Wftt~; ~.1e/~s. ~~rtuwt~ ~h~ll p.~~ all t.icr~ .~..c~.n~r~il~ .~n~1 ~~~h.•r .I~.~r~i. (+~x. rhJ im~x++U~un~ ~tir~biilrh{e 1~+ ttfe P~apcrt) which may aitain a pnuni~ ~~v~r ~h~. ~i~~r~g~Kc ~~xl {~iKh~~{~1 i,.~~mcM. ,~r gtu~:nd rcnt~. i( ~n~. in ihc manner provKia! unJe~ F~ar~rapf~ 2 Ixrr~,( ur ~1 n~d p.uJ an .u.h m.u~ncr hti H.,rr.~Mrr m.~?~ny; pa~mcn~. Nhen duc. JirccU) li, the paYee lhcrc~~( &~rn~w~r +hstl pnrmpil) furm.h ~n I cn.kr all r~.~t~.r. nl rm.~~uih ~hK un~irr th~a pa~a~~sph. acx~ in ihe e~en1 Iiortuwe~ sh~ll tn~?t pa)mcnt d~tc.ti~ b.~rr~~wrr .h~tl ~~„?,~rr,~ furtu.h t~~ i r~i~kt tc.~~~i~ r~~dct?~~p~[ +u~h pa?nxnt~ Borrorrt~ shali ~r~rmpih .In~h~rgc any i~c~ Nhi.h h~. E,r~.~r~t~ ~,.:r it~,. ~1.~rtK.,gc. ~n•v~,IcJ. ihet li~~rr~~wrr .haU n.r, hc rtqwted 1~~ d~sch~rjc an) ?uch hen {unK aa Fk•rr~,wrr ,hrl! .~~~cr ~n wr~?~n~ thr pa~tnent ul Itx .+~+I~taUun ~ecured h~ .ixh IECn in a manncr xccpi~Mc i~• I rndcr. ~~r .hafl rn ~,~•d Ir~th .un~..r .u.h iirn ,tc(c~~i rnf~.rirmcn~ ~+f +~~ih Ircn ~n. kgal pntice~~n~. v?h~ch ~~pcrasc t.~ p~r~rnl Ihc rnt,~r~a•n~c:~t ~~t tt„• ~+cn „r futtci~~s~r ~~f ihc Pt~~pttt~ ~,t sn~ patt thcreaf S. Nasu+ Iwwtawce. Fi.~ttuMC~ .i~ell krc~~ t?x~ ~~npn•.rn~cs~~. r~i.t~n} ~~r hrrr.~l~rr crr.~rd ~Ki It~c Nt~~~.cr~~ ~murrd aj~auul {~n~ M 6~C. ha/ard~ in.lu.kJ with~n ihr Irtm :~Icudr~! ,,•.rragc an~f ~+r,h ~~thct h~ia~d~ a~ 1 rrxkt ma? rcy~urc ~nJ ~n uxh ~m.~~~n1s at~J t~~r ~u~h ~xra.J, a. ! cndcr r~~.~~ r,y:nrr ~~i,,.~drJ. that I ris.)rr .haU nul nyu~rc th~t tt?c am~~~~~t .~f «xh .iwc~~~c ct~ccd lhat amuun~ .+f .n.r»Kc rry~urrJ t~, rt?r .::n~. .r. urrd h~ th~~ ~1~~~tK~Rt Tht inturar~ie ~y~r~et ptuv~in~; ~hr in~urri~.c .hali he .h~~.rn h~ B.,tr~~wcr ~uh~rc~ t~~ appru,al h~ ( en.Ser. pm~~det1. , Ihal swh apprt?~al ~hxll n~?t t+c ~mtraw+~ah1~ N~~hhrW ~li ~,rcmi,mn .m ~murai«c ~x~l~..~ce +haN hr pa~d in the manrxr pruv~cletl u[~kr par.?~r~ph 2 1Eerrui ~~r. ~t rr~t p.,~,l in .u~h m.nnrr. t:~ F{~•r~~~wer ma?~nR p~yrnrnt. Mhcn d?x. .1~retiU}~ Ic, the ~nsurance curur. All Inw?an.r ~xd~.~e. .tn~) rcnrM.l~ Ihrrc,:t ~h.,I, t~ ~rr l.~rr~~ .~..i{~~.,hir t~~ I rnJrr .~n~l ch,~l) ~n.luJr ~~t.~n.l~td in~~rt~;egc el~u~e (w~•r ~•f and ~n t~•rm i..cp~~h(c ( cre:k~ I r~,J.r .h.~l~ h.~~e thc i~~;ht t~~ h~~id ttx• p.de.~r. .,nJ rrrn~w~l. tFx~c.+f. ~tu! Bcarr~~wet .n~li pr~~mpii~ (utn~~h t~, 1 cn.f.r at! ~rniMal nuine, .~i~d .ill rc.r~~ ~+I paid ~rctniurn. In ~hc rrn~ I~•~.. lMrr+~wer ~h.,l! pr~~uiE?1 u~~tti.r ~hr ,~nu~.~r,.i ..~r;:rr .~n~1 t c~~Jrr i cieJ~•• n~.~~ n~rAc pt~r~( ~~t i~~s~ ~I n~~t n~~Jc pr„rnpll) h~ &~rr.w?cr ~ Unit`at 1 cnJrr ~nd &~tt.~~+a•i ~,Ihitti.,,: ~F~rr ~r, ..nt~~i~; ui;,i!.~n,r ~•r,..~c.l. :f~rli hc ~{~(+l?cd tn tr~~~~t.~IH~n ~~t tepau u( ~ tht P(uPcf11 ~Irnt.~Rr~1 ~ r~~~i~k.l ~u:h tc.t~~rati~•n .~i ~~~~air i..~ „~int..+l!t •:.~vl•ir .~nd iht at~uf~f) ~i1 lh~~ Muligrgc ~t i twl Ihttcb) imp~~rcd It .;t.h rr.:~~r.~~~.,n ~~r ~c~~.~~r n~.,, ~.,~~;.,n~~..~?!~ l.,,.it,~r ~f thr u.uril~ Ih~~ \i~~tt~~gc ~?uuld ~ ; bc ~II1~a~ttt~ 1hc insura~~c pr~krc.l. ,h~U hc ~~~pln_•J 1~• ;hc ~i~n1+ .r.ntc~} hi lh~~ ~~~~f1ga~Fc w~ih Iht c~cc~s. t~ an). pa~t~ ~ w&~rn~wrr il thc Pr.~pcrt~ ~..,!~.,;~.1,•~~a.l ti.,i~~,+,r~ .,r k.~r~,.NCr l.ul. t~~ rr.~~n.i t.• i cnJrr w~thin 31? da}~ ir~~m thc ~p ~rlt rx~t~~c i~ maurJ h~ I cuJct tn y.~;r,:Mrt t!:.~r thc :n.u:.~n.c ,.~rr~.i ,,tlrt~ t.• .ct!Ir .l.,im I~~r i~»ur~n~n c~ncht~. 1 cnJct f t~ ,~UI~M~tI/Ct~ Jna~ .~~?(~1\ (ftt n~~Uian,~• i~.r,.~ce.l~ .~t ~ es:.l. [..,~•1~~~n c~ti')a'f i~~ tC~1~~taU«te .~t tC(Tilf thc F'rn~rn} ~ .~r tu the ~um. .r<u~eJ h~ ~h:. ~1~~rtR~gc ~ ~~n~~1~' l:l~~l( .~~~d !1~I~I~~NI~ i~(~IC~(MIK~ .1'll'l '.fly; .if!'~ i.i.~ .1~~`~11-..t'I~~f~ ~1~ `I~~~II:CU~ ~l1 `l~l(~llyd) \~1J~~ ~1i1~ l~~C~IU i ~khipurtt tFtc J~eC ~IrIC ~•f tfx• ru~~n:hl~ ut.7~~~n?c:~t. ;ct~rl~~1 1. ~:ar.~Rr.~~~h, '.~ri~) ~ hit~~~1 ~~t .hengc Ihc stn.~un1 ~~t } ~tkh ~n?t~!lnxni~ (t u~?Jt~ patr~r~ph ? x hcre.~~ thr 1'r„{+~tt~ .~~,~u,r~.f h~ 1 r~~vrr ~II r~ght. I~Ut atxl inicresl uf fiun~~i?ct ~ ~n ?tx1 Ir ~n~ ~n.~tt..n.c jx~i~.ct~ ~nJ an .,~~J t~, tha ~r,..crJ. :hcrc~~i :c:~~n~n~; tr,~n, J.un.~~;r I~~ !hr I'rupcrt~ prn~r 1~~ ttx ~rfc uf •C~Uisllu~n ?~~.eil ~f~ In ~ ~t1a~Ct Ic~ 1t1. C.i~nt ,~t I~~c .:~nh .i_u1i~2 thi~ \~,~rt~;.~~i ~n~~:~rJ~~irl~ ~iiar~ L~ .UCh ~rk ~~t ~cyws~tiun. € hesenaliuw aad 11~uw1~orme ~~I 1'ropr~t~: 1 ea.ri~ul~h: / ondom~n~um.; 1'laont~ l njl Ik~~luPmenh. R~aruw~r ~tt~ll keep Ilx F'r<<<+ert~ ~n ~~tix1 rrp~~r rnd .hal~ n.~s ,~.mrv~~ •a.~.~~ ,~r i•crnut ~~n~,.,~rinrnt ut .k~en~~tau~~r+ ,~I the P~~,~xri} and sh~ll tuntpl? .~~Ih U?r ptu~~ti~~r~ta ul an~ k~.t ~t th~. ~i~~r!l.~~;c ~~t; .i fi.~~rt:.~!d 11 ~h~~ ~1~~rtgaKe ~j un un~i in .~~n+kNmn~um .~t a plinrKd unil ~k~ci,~~,n~cnt H~~ri~,..rr .h,i! ~a•st.:=si~ .,II Fiur:~~w~r a~~hl~K~h~~ns und~t tlx Jc~lar~i«~n U~ IOVGQlIII\ i7l'J~1ti= t~t ~~~YCfll~(t`,' l~' .~411~~`7~71i11t~q1 ~~t ~~I.i71:f1't~ :~~~1t ~~ti~ti~~,~~lllCill !~1C hi ~IN? AI1~ IC~;II~III~~tN I~?t' ' llNlljllnUflfUfT1 Uf ~1~JIllltl~ Utlll a~ftiC{~+~(IlCtti. .~Il/~ .~~t~~!N~~lnf ~:~t::(IICr~!~ d~~~li.~a~'1I1111U111 tlf (~~.~I)IlClj t~llif ..{t'~~~u(~t11C111 n~k( c1ctiWCd h} 1i.+rtuti?tt ~~~.t t4.~~r~l~•~! t„~;cthcr .a,th ~h„ ~i~~rt~a~;r thc .~>~cn.,nl~ .u?d .~~trrtnrnl~ ~~I w~h nJri ?hsll ht irkOtp~ttalt~l inl~~ inai tttri{ .~mcnJ ~i~~i .,i~~~~lrnirr~t i!x' <<~~rn.~n1. .~n~f .~Ktrrmrnl~ ~h~. 111~~ri~C~gc r+ il tFx ti.lcr Ncre ~ part hcrcol 7. hWtcllow ol I.~wdrr's kaurlt~. It H~~rt~,..rr ,~;I, i.~ ~k,t,,:i:~ thc .~~~cr~.~nl~ ~nJ ,c~rrcmrnts ~~~nlr~nrd +n Ihi~ ~lNl=/~C. Uf 1~ lfl) J~i1lN1 ~H ~1f~Atl'~~111~ .~K1111f+~1.c.! '.~fu.f~ (11.~!i'(1.1i~~ .~I~i-~f? ~l'I~~~l'!~ il~lCi~'~I 111 I~ll' {~f~i(tt'tt\. uxludmK. bui n~w {irn~tcJ tu, cm~~~~~t durna~r~ ~n..~l.r~;.~ ,~~.k .~.!.,r.cin:~~i .~~~.,n~;.nxut. ~,s ~.r~rrrJu~~. ~n~.~1.~nR a h0.[lkrupl or Jt~r~lenl thcn I cnJtr ~I 1 cn~lcr .~~E~t„~n ~~E~~n m.;~:c H.~rr~•~+rr n,.~~ ~n.~?c ~u.h .~p~•rr~n.r~ J~~nur:r ~u.ts - fUlDS ~/1d (~~f !{X~1 a~ll~~fl J~ ~y tK~C..~it 1~~ ri~,ti.! ~Cn~~t'i. ~.t~trri~t ~n~~u,l:n~~ hul tt~~i I~III~IC~~ 1+~. ~~~+hUtlCQ1Ct11 ~~1 fl3i00i~! ~Il~rril~~~~ IKs ?Ilt) Ciilt} ~ijw~n t~x' ~'r~~~r~+~ h~ tn.~?r ~t~•.,~:. ~t I rnJtt rcyu~r~.) in.~tiF~~c inwrrn.c .e ` cuMluion o( mal~i~ thc {u~n ~c~urr:l h~ r?~~~ \t~~rt !S ~ t .~..~I~ +in ~~~crn~un~~ ~cyu~rr~i tr ma~nt~~n w.h ` IRlYI~(1C~ In Cf~ttt ut1l~1 ~u~h l~~ftr di •t~: r:y:nrrn~C~~~ 1.~; ..:,.l: ..~..tn.~. ~:•rri~.~. .~ti. ~i~ .~..~,tl~~~ha N~th ~~~tr.~MCt~. en.l ~ ; ~5E E ~ ~ t ~v- _ _ , Yc.~ T i~l ~c....~:: ~~73s_v~