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HomeMy WebLinkAbout0793~ i i ~ ~. : S • ~' 4~ ltia~ ~~ o~der to protect ~+w~e lu~t~ ihe secunh o1 t~n maipa~s. t~e Monyayo~ tuypllil~ N~th s~~d ~n ai1A:t~on t0 tne mO~t~ly piYmMtf u~dl~ 1~! terms o~ tne ru~re sew~ed ner~pr on ~hs sDeu~~~d DiYm~~~ date o1 exh ~~o~~!~ umd tne sa~d norr ~s fuu~ oa~d w~11 D~Y to tns Assouatwn tM ~W~ow:np sums ~a~ A~: ~nva~imem o~ ~M ta^~s a~b asssssm~nts ~~wW a ~o be ~e~~atl apa~nit t~e Wem~sas cove~ld Dy t~~t mp'lpip! snd sn msu~~m~nt o1 tnt W~mwm o~ tvlm~ymt l~~t nn11 DftOm~ du~ in0 Wy~D~~ t0 ~tMW t~! ~~sur~nce on tne o~em.ses cove~~tl ~eroby ap~~nst bss by ~~~~ ~nd w~nOStam ~s por~dld ta D~r parsg~~0-~ 3 M~csO~~g a such otM~ nus~d u maY ~NSOnabtY Oe ~equ„ad hv ~he Assoua~~o~ and ~n msunmant o1 ~M Memwm ~ns~ wd~ t~ecom~ due snd paraD~s to rs~ew th! mo.tpape ~RSU~~n~e ~~ anr Suc.n msta~~menu s~u~~ be eQua~ respecuvNy to o~s-twNhh I1. 12tM o~ the ss r~mared wem~um a unm~ums ~a suc~ ~nsur~r+c~- ano u~~s snd assass~+ents ne~t a~e ~as esnmatsd Dy tM Assocy[w~i Nss ~~~ ~Mtallments ~ke~dy pa~d tner~fa d~v~dad bv the numW. ol mpntAS ttist ~r~ to s~apsa a.e nan~t, pr.~e to tl+e Oat~ whM suth ~wfm~y~n a p~mwms a~0 u^es snd assessments w~n pecome.d~hnpu~m Th~ /~upaauc~ w~d! 2pp~pn{) SUC~ p0~mer.ts to ~~su~a~ce p~rm~ums u~~s a~+d assessmentt b~kr~ the ss~+a bet0~! dlhrquEnt Sh~ll nOt piY ~~M~lSt t0 tti! MortpaQo~ o~ suth ~unds i~tl a~~~ suc~ p~;ments m~y pe ~pmm~n9~~d py py Asfp~~~lqn yp(h ~ny othpr Suth tu~+dS O~ wrth ~ts own lunds Ths ~u~ds us ~edped as sadrt~o~si secu~•er ~o+ IRe sums SetwW by th~f MqtOiQ! ~~t! ~~~ Atb~lCl 10 ui! by ~ne~ 4ssoust~on m parme~t o~ 4t~ charQes a~+d bank col~xt~o++ cnarges ~~~ A~~ paymenfs menuoneA ~~ the preced~ng suDSecLO~ ol ~n~s Va~ayaDh u+d a~~ paymer;ts co :x made unda the note swund Mreby shs~~ os sddW rc.y~tn~r and ene aggrpgste smount tne~eo~ snsii be aa,~ Dv tne Mo.~ya~~ eac~, m~~,rn ~., a s,~~y~e var~*+ent to be soW~ed bY ehe Assoaat~on w ehe ~abw~rg rtems :n tne o~der Set ~onn 1 T~^es assessmems antl ~~sura~ce p~em~u~~s Z La!e cnsryes a~+d bsnk co~~ece~or c-ur~s unirss pa~d •n man~r o•~v~dea ~n pa•ag.ap~ 4+a~ 3~~tercst on tne ~ute secwed ne~eer • Amorttanu~ o~ ehe q~napa~ o~ sa~d note A~y clefic,e~cY m the amount o~ such agy~egate montnly parments shati un~ess pa~d by ~n~ Mo~tya~nr pr~ ro tne Aue dste o~ the neat suc~ payment con~ sUtute a~ event o~ defau4 uMte~ the ~no~tyage W~thout wa~ve~ ~~ amr nqht the Asu~c~.tbon m.~y ._d~ect a iate charge as powded m the Note 5 Tndt ~I t~! t~td~ o~ [he pdymMts msde Gy 2he MorepiQpr u~de• ~sl of par~yraD~ 4 D~eced~ng sn~~, e^ceed fhe smount o~ WY^~Mts aCtu~lty m~d~ by the Assoc~atan ~d taaes a~d assessmcnts arW ~nsurance D~em,ums ss the case m~y be such e~cess shan be c.ed~teu by tM Assaa~t~on on subspuent psvm~~ts to be made bv tRe Mongagor 11 Aoweve~. IAe montMy pay~*+ents ms0e Dy tAe Mmtgago~ unda rs~ of Duag~ap~ 4 prsc~d~nq shs~i not hsve been w~ficMm to Par fa^es a~d afsessmeMS and msurs~ce O~+mwms as the cau may irE w~en thr ~me s~a~~ t~e..on•e d~e aM paY~b~e the~ the Assouatron m~y ~~ ~IS op- tbn ~mm.d,ate~v ~av such ta•es a~d assessments s~d ~~sws~ce Wem~um a~+d the Monyayu+ s~~a!~ paY 2o f~e Assouauon aMr smount eecesssry ro mske u0 fne Aehuency dntl Suth piYmint 5~~~ DQ Cu! ~~+d piYD~~e ~h~in~~ t~utY ~~0~ tl2yS a1tl~ ~be daee o~ ~+a~~~ng o~ noe.:e by tne Assocyhon setU~y ~wth tne sR+ou~t c~ Sut~ dr1~c~ln~Y 1f at anY t«++e. Ue Matgsqor shatl tlndlr 10lR! ASSOCUt~o~ ~~ dCCO~AdnCP w~th t4E prOV~S~O~i O~ l~! ~OT! SlCUred hl~Qby fu~1 p~Vment o1 ~ne ennre ~~~debtednesa ~eD~eSented ~ereby ~the Assocvuon sha~~ ~~ comp~,nnp tne an:ou~t o~ s~ch .noebeeancss ued~t to the sccouM o} tne Monysgo~ anr Da~ante ~cma~mny ~n th~ fu~+di aC[umul7tld undN tht prOwS~O~S O~ li~ Ot p~rie~iDh 4 ~ 6 To pe~m~t commrt o+ suNe~ ~o waste ~mpanmMt M dete~~wahtx~ o~ sB~d D~operty b• any ~art therco~ a~d upan the ~a~~u~e o~ tne Monpaga ro keep tne buddmgs on sa~d prpperty r~ good cwW~t:un w rep~~+ snd ma~ntena~ce tne Assouaf~on may OemanA proper ma+ntenance a~d the ~mmed~lle reD~~~ O~ Ss~d ~,~~d~cqs o~ a*+ ~ncrease ~n tne am~nt o~ secu.~ty w tne ~mmrJ~ate ~epaymen! o~ 2r.e de0e ne~eDy sec::reA ane tne fa~~c-~ o} tne Mo~tysya to comply vwth sd~d demanA O~ the ASSOC~AI~On /o~ a per~~ ot tA~.tY ~301 daYS sf+at~ ~onst~tute s b~eacn Q1 fh~s mo~tgaqe and ac tne ovtron oi ths Assoc~sta~+ ~mmtdr~tNY matwe rhe ent~~e amount O} D~~^~~W~ a~d mtltQSt h!rlby Sttwld. And t~! ASSOCeat~^n ~mmed~atNY ~^d w~thOUt ~ODL! ~1iy mStrtuM procsed~ngS 10 falCIOS! t~~S mOrtgagtr antl applY f0~ [he aDpWntmM! O~ a+ece~ve~ ~s hero~~aher p.ov~ded a~d ~n case o~ tne ~c~usa~ negtea or ~nab~!~ty o~ ~he Mohgagw to repa~• sM md~n!d~~~ sa~A rnoDe~t~ tne Assoc~aGO.~ mav at rts oDbo~ make suc~ •epa~rs o~ cause tne sa~~e ro De maae and adva~ce moners m thst benaH 7 TJ pe+~o~m cornv~v w~tn and atn0e Or Ncn a~ eve~r ~~! st~p.~UtWns ap~eeme~ss. co~tl~UOns and core~~antz m Sa~tl Wom~sso~r nOte and tMS mCrtyiye S!1 !orth ~ H To COm;~i~~ wdh tht Sub[1rv~5~0+~ !QStnCbOnS ind Ih! mu~+Ccpi' lU~l~ny Wtl~~a~ClS a[pf•CJLIe IO t~! mO~tydyCd p~QyCrty nOt t0 NlCI O~ pe~mrt to be t~etted ir.y new bu~lA~ngs on the p~em~ses here~n mortpsped o~ to ~dd to p permit to De idCeA to mdkt O~ pl~m,t t0 ~e m~! A~y St~uctuql e'tl~~t~Ont ~O inY Ol th! !a~ ~sn..g ~n,provements ~hereon w~tnout the wntte~ co~um o~ tne Assoc~ae~oi+ a~d ~n tne evem o~ any v~o!anon or atteTpr~o v,o~ate tnese snpu:sta~+s. or s~r o~ t~em tn~s *~o~!gaqe a~+d a~~ sums securoA ~ereDY s~a~~ •mm~d:atelr betome due a~W UaraL+e ai tnr oU'~on ~r ~.,e Assouatw~ 9 Thdt m CdSC O~ d dEieu~t m anY of t~+e termS O~ lh~i mortgaqe and t~e ldm0 of a b~fl to }o~ec!OSe th~s cr anY othlr rnprtg2g! lnCUmbinnq if~! wdh.~,~.~Cnbld p•7.~C•ty tne Asso!~at~o^ sr3Ei p~ e~t~t~ed to app~y st any t~me w~t~ou2 not~ce oe~d~na sucn f~rec~osure su~t to tr+e cou~t ha~nng ~un~C~ctwn t~+e~eo~ 10~ ih! ip pcr~tme~t of a~ece.ve~ 01 au a~d s~nyu~ar ~ne rno.tpapM p~ope~tr a~C oT a~~ Me renrs ~~comes vo~,es ~swes a~tl .efe~ues the.eo~ f.om whatsoeva sowce t7e~~ved dnQ tne~euno~ it ~s ne~e0~ e^p~esstv cove~a++ted ana ap<eea fnac tre cow: s~d~~ !crt^n~Th a~po~~~t a rece~ve+ o~ S~~d mwtyiped pop!~ty ~II i~d S~~Vu'd' dM O~ SJCh r@^!S +nCOmtS. D~Ofi!S. ~SSUlS dnd r!vl~utS t~ErlO~ }~Om wAdtS(~E~.C; wu~re ae~~~ed wdh ihE uSUB~ pOwlK 7~1d duL~lS O~ ~!Ll~~'!~S ~r hk! cases J^d SuC^ 3PD0+'~tml~t S~d~~ bE made Ay sucn court ss a ratte~ e} sh~ct ~~g~t to tne Assoc~atu*~ a~~d n~tnOUt ~l~Erl~GR t0 t~E d0lOWCy O~ »idQpuiCy Of ~~P ~a~ue o! tne n ~pe~tti ^e•e~r mo•tgaged o~ to the so~vency o* :nso~vency et !ne Mo•!gago• a~tl mat s~~ h.e^ts pro}as ~ncomes ~ssues a~d ~e•:enues snau txr a. o~~ed Gv su-~ .ecrve~ !o the vayme~t o1 tne mortgage mCebted~ess cos~s a^a ~~a•yrs acco~d~~~g !0 2~ _ orCer o~ sucn cou~t 10 T~ac ~^ ~he eve~• c~e o~e~+~ses nerebv ~*wr~gapetl o~ any Dan rhereo} sna~~ Oe co•+aem~eo a~d ta-en „nae• ftie povae• o} erm~ne~i doms~n. i~+e AssouaPO~ sna'i tiave r~P ~~phe to ar~+and t~a~ a!~ da~ages awaraee ~o~ cne cak~.ng o} o~ ~~;u~y ro sa~d prPm ct5 S~a~ Ar oa•a 20 :ne Assoc ~at~o~ ~ts succesw•s o~ ass~g~s. uD ro r^e a~~o~~! ~ne~ u~na~d on tn:s mo~igage and mar ~ anp ~ed tc a~r s~ms ~ast va.acre `=•e.,~+de~ i 7 *na~ •,Te ~a o~ +~e essenc~ ~~ tn~s contrsct a^a tnat nQ wa~.e• o+ an~ ob gat.o^ nere:.~r.e• ~• o' ;tio o.~ ~a; o~ sec.,~.o ^e~eb~ sha~. at a~v ume tne.eaher oe `~e'~ !~ t~ a vya~re~ ~ the te~^+s he~eo~ o~ o' !~e p~om~swry ~~ote sec„•ed neretr. 12 ~n t~+« e~~e~t o~ a~~~ de}au!t m~ny 01 t~! tlrm5 O} tM5 ~`Or1g28! U' ~~ t^e rcre se~ u~ea re•et~,, d^Q d=Ce~t`rdt U~~ DY [hg ~O~tlCt o~ anp otne~ s~tuat~on ~h~t wou~d ^a~se r~~ mte~es! oa~e o~ oaraD~e u~der t+~~s o0~ gaf•o~ to e.ceed tr.e ~~e~es~ ~aee auc~~o••rrs ey iaw c^.•r ~n suc~ eve~t s~~ escess ~~te~est tnerero~o~e ps~d s~a~~ :~e ~~Nd~ted tc ;~~~~opa' and a:~ acc~ued and nn~ae e~cess ~~~tr~est s^a~~ aLarP a^e] v~e .~. c+~ e• ~b~ yat~o~ o} t~e maie~ o~ ot ~ny othe. yerspn 13 ' ha! ~o tne e.tent or !rte -+4eGeeeness of the Mo~tyapo~ to t~e Assocuuo-~ desu•bea ~P,e ~ c~ sec,:~e3 re~eDV t^e Assovaua+ ~s nercDy wboysted to tMe :~en o• ~~e~s a~ef to the r~gnts o~ the owner s~d ho~de~ tne~eol o} escn and every rw*tpape ::e~ o. otne~ ec~umb~anCe on tf+t lind dtitr~bld M~t~n whec~ n ps~0 and sat~s~~M •~ wtio'e o~ ~~ nart out o! t~ p~oceeds o~ t~e ~oa~ desc•~bed herec., o~ secu•eA tie~eby :^C t^e .espett~ve ~~e~s o} sa~d ~+wtyipes. he~s o~ othe• e~ cumb~ances stia~' be and tne same a~d each o! tnem neret>y ~s D~ese~ved a~+d s^a Oass m a~a be ne'd Dy tne Assoaat~on nero~~ as sscu~~tr ~a the ~m deDredness !o T~e Asso-.~atr~~ nerom deu~~0ed o~ ne~eDr secu~ee to t7e saTe e.re~• T~a+ + v+o_•C nav« ~ee~ p~esen~en a~d wou~0 n~ve been passed to and t~ae~~. he'A b~; 2~r Assoc~at~oA r,a~f ~t bee~ du~y a~d ~ep~!a~+r ass.pn~ t~a~s'e~~ed set o:e• a^c ae' .e~etl ::~~e :~e AssovaE:~n by separ~te deed ot sss~g~me~t. -+otw.ttista~d~~ rne ~acr t~at tne same ~+ay be sansf~ed and ca~cei~ed c,~ rcco•d ~2 c,e ~,y ~he ~~~re^• o^ o~ s~~e pa~c.es ~e~eco shaa t!~e sa~+e w~u be sat~s~~ed and -a~-o! ra o~ •PCO•R Ay tne nc~de~s tne~eo~ at o• about i~e nme of ine ~eco~a~ng o' r^ s r o•tgege t S T~a• .• any o' rne su~,s o~ mpntY ^=r'!~n rl~E'r!0 t0 D! nOt D~Ompt~y 2^A ~u' Y Dd•0 wn~.^ ~~.•h 30 aavs ~n.• a•~r. :~e sa~.~e seve~ai~y Oecome d~e and psYaWe ~~ ! eacti a~d e:P•v t~e st,pu at a~s ag~eeme~ts co~Ort:o~s a~d co~e~a^75 O~ Sd C;'.%n•.Sia'ti ~..:r~ a~~a :hi5 mytgdgt r atne~ are ~ot du~r De~to~med com r.~-«r1 w•tn ~~~ aD~C?A hv the agg~egate s~~m unpmd ~~rfe. sa~d p~o~^ ssu~~ •~ote a•~o t~ s~^<~~tyage sna ~iPLOmp QJP a~+a paribte lannw~th o~ thereahe~ at !~e ua~ a>n o} 2^e Assouat•o~ as Fu!~~~ a~+d co-r~ eceiy as ~~ sa~e ag0~epace ,:,T o` To~:o~ nr•e n• u•.a. r sro.. aced to Oe pra on sucn dav anvtn~ng ~n sa~d orr.T.sv•.v ^o•P o• !1BrYm to t^e co- va•r ^orw~tnsta~am~ 7 5 •~ar ~n ~~. to ar.ce~e•ate tne -natu+ +ti ,~ t~e •nAebteGness ~e~eU~ sec ~:•ed ^e; a,.so ~' r^e'a ~•r n• r• P SAO~tyaqo• ro aa, a~*y ta^ assess~+e~t :~ab~hty oo:~qa !~O~* O• P^t~~^~b~d^CP ~.:hn Sa~d D'OO°•~V dS h@rt~~ O~av~dld rt Snd~• np; t.~P ^4:eSid'. '~c' ~eq.. s.TP •'d!'^t ASSOUdDO^ Sha~' hr5t paY t~e Sam! '6 T^a~ c~e ahc?~a:c u~ abs!•acn o' nre cove~~~g tne ^~o~tgaged prope~ty s~a•• at e*~• es a~:• ~ g~^e 'e o' *.~~s ~o•cgage .e°~a~r m~ne possess~o~ o~ tne Assoc~ano~~ a^n ~ evor+t o~ tne faec'osu~e o~ TM5 ~+o••paqe o, otnp, t•ens•e• c,, • c.r •r~. ••.P •- .••cydGrtl D~OCk"Y ~^ ~^t~^~.,~sh~ent ot tr+e ~n~tOtedness secu•rd ^e~eUr a~~~o~r nre a~n .~re•est o~ t^e Mo•tgago~ m a~+c to any w~~ ans~~acts o' . c e s^a cass ro !^e Du•:nd5t~ o. g~antee t T S^ou'd T^e va• d:~y o- e~ o~ !~ s~^o~!gage o~ :he note secureC t^e~eby :~t co~~?rs;eu ::+ • ge• c o• uY~e•w se :^e'~'o~'gago~ a~-ees to pav to the Assa:.~at.o~+ cnP ~nst o~ da~o~.1.~g i'+p sa~ne ~~c~~d:ng a~easo^aA~o atfo•~ey s~ee - 78 Tn PdY di: 3nd 5'n:jJ'd~ i: '•.n5S5 r.nd~9es ar~d E~persvs ~.':rd~nV a'!•~~no•, S L.n~ r.~co..,~~,~~.~ r.~ .,~;d~r1 d' a•~y •~~••g 6Y thg ASSOGidi:Ort bCCduSG O~ She fa~!urg n~ inp !'d:,•iqay~• •o c~•!a•;•• f0'^P~~ W~SF dl~~S d~):~SP h~ eac~ a~v1 P:P•y •n.. •,r p:~, ~,..~ .na ..o~.~. t~, ;.r.-y.nonc ana iove~anis o~ sa~d prom~ssa•Y ~ote aM !h~c r--n!tUa4° Or eqhor .an~1 averv such !o~rpn: ~Or tnE AaYmPn. ~,~ !htr rt~.nn.,.,~ :r c,,~ ...:~.~,+ d~ ,F ,. rtV: !,y t'~P Pr1m~s5WV NotN sba:i bEar tqte•est frt.m drtn a' ths+ rdto ,~f np~~,~BPn ~ior rnnT i 18'~ I;rc d~~rium ~inTJ {u~iY i~~"1 ~ 9 T'~P N55(1'_~dt.0'~ Sna"l t~aYO rho r~hf at an~ t~me and t~om t~me so nme a~ti w~iro~~ nOS ce !~: ~• cu*~se••~? ~' an~. pf~SC'~ to .a. •e~ease an~ po.t~o~ ot tne weT.s~s '~om rne i:en e' ~~~s n,o~tyage ~b~ •etease any perso~ ~~ab~e fo~ carmtnt o' any ,nQebtrJ ~etb st ~~eA ~e•rUr ~c e.:e^a :^e rme o} parmem o. a~:e~ tne terms ~' nar^e~c o~ ai~ o~ a~v na~t of t~e ~~web-s~ness w,tnout aHecr~rtp c• re~eas,ng cne oe~su~a• , at, ty o• a~v c»~so~ ~~ab~e ~otne~ tna~ any vaso~ .e~eased pur cua++t ne~~to~ !Or [he Pgyr-~Cnt Of 8nY Sum a~~teres! sec~~ed hereDV and wrtnout ~n d'~Y Mi3P d.St•~'~9 va~rng Q. d•m.n~sn:ng tne faces e~{ects o~ ~~en o} th~s mo~tpaqP ~ a~~ tne p•eT~sns ^ot spec~}~ca~'y rNeaseO from tnt ~~e~ o! th~s mo~tpage Gv Me Asvx~ar~o~ 20 Any avpr'*~er.. ~P~~a'b.~ made Or Mc~!gago~ a~d Assoaa7~o~ Durwa~t to t~~s ~*o•tgaUe a^a~~ tw suce+~m ro•"e •~g~cs o~ rne !~o~oe~ of a~r ~~~e~ve~~ry; ~~en o• Pnr i~r.p•dnfp , 7~ ~t~^ ~P~I~~PS~ O} ~Q~~QJ~O~ T~ 4SSOC~ano~~ mav at ~ts so'c oot~o~ !~om r.~-+e to t~T~e be}c•o !~~ pa~mr^t o} a'~ ~^OeDted^.ess sew~ed he2GY •*+ake ~urthe~ sd Yd~~oS S? Mo~cga9o• n~~v.aeA r„~„„ev~~ that the tofa~ o^^~•Da~ sec~~ed he~eby a~0 ~eTa ~^y ~^(~d~7 •nrt~i.,9 a~v such advances sha~• not at snv !~.~,e e^~ cPM ~ne nnq,na~ ~^.~c~pa s,m 5e~ur@Q ~~rtGY Mo~!gago' Shak~ Day d~ SuC~ ~u'!~E+ aA+a^~es w t^ •^*:•:s! a~a t!+e same shau ne secu•ed hereby An prmr~s•o~s o~ ~~~s ~.o•sqaqo s~a" apo~y to eac~ ~u~th.• aAvance as wc~ as co a~' orr.~ .~arn•er7~ess se: u~e~ ~•e~env ko!n ~g nero~n conta n~d. hQweve~ sha~' bm~t !ne a^•~~,~t ao~v~v~ by th:s ~+o+tgaqe ~! wcn a'^ou~! a nveased Dy adva~ces made by the a.ss.~c af o~ as r.••m c sPwne~e ~~w~ded fo~ to poeect the secu~~ty : 7 i~ re.. ~.,~nr rno y1~.t,;aq•x wP•,•.,, or any subcequcnf Monqam• f' Tn'J ps+•tinr ~. , n.i.t .di.r.., , ~Kr:r,.~ dny .'nSi N'hd1c~YP.• shouk7 enwmber the n~op'•+y ~.•~m mort~agaf hy an m5trvmvnt CqrnmU~fy rP~>rrM !o and 4n~~~nrn ac a w~ai~ arnu~l r~rrqaqo w,.rr:,,in~,.v nh!a~nmq tne w•~tt-n consent o~ tne As~'_~a t~nn rhrn di !hp nph0^ nf T~a AGSM:~at~on Tho nb'~7d!:M~ Wr~pa~t hV •h~c ~~,.••~l:i~'So .n,-.~~ ~r....nr!:.~ra'y f~Omo quo aRA varatwe 23 ro ~~ w,~!o +~.o assoc~a:.o~ w~rn F!o~f Insu~ance Co.n,aqe ,t r~e ,~a' a••~rr,r~ ~~ .,f~w ~• •, _•~a~~P. do,e•~.•~,,.n rn nP w~t!+~n a SMCdI ftood haiaM a•Cd ei S~wwn ~.n F~~+~+4 Harr*A Ba~n~ary MBp'FIO;Nf lnswar.tP pdte Map ac puh:~~n~ h~. r~s~ ivA~•r.: f~.vna~~• AAm,~.strahnn y4 At rn. .oquest ni tne Monyspa. the Assoc~~t~on ~p~ess to wove t~e D~ov~s~o~s o} oa.aa~sp~ ~~e+a[~ve to t~e ueaLOn o~ a hsr~~d ~~wnnce account. pov~0ed. now.ve~ rnat t~e Assx~at.~.n rets~RS tns ~~p~t •t ~ts opUO~. to re msute sucn p.ov:s~o~s o' sa:d pa~ag•aph 4 ss s~ oD~~gst on o~ tne MortQsya he~sunde~ uoo*~ t~ ~aporn~nG ot any of the f~ltow~np A Fa~'~.re to make a~+y OsY'^ent reqw~ld unde~ th! terms o~ tr+! note on o~ bl~o+c tne du~ ~are inere0} B~a~~u~e to r_oTo~v W~tn fne msu+~~ce aov~s~o~s o~ w~epnp~ 3 or o~ anr o~ tne o~r.e• serms a~d r.ord Do~s o~ ih~s mpriqs9e o~'+Ot! Or anth !he msu~i~te ••au~•eme~ts co~+ta~~+ed ~~ tne Oec~u~t~on o~ Go~dom,n~um a~d *e~aced docume~ts s^.ou!d ~~e mo=tgaged Wooertv he commrtteC to condomm~um AavNCWm.nt eo'a'~c346 pac~ ?91