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~- TM[ ~n o•~1+~ ~o ~~otact ~+w~e lu~ty ene s~cw~t~ o~ in,s mwty~~~ tw~ MJ~t~a~~• tOy~"~r• ~n tA ~n.f ,~ ~d4~t•O~~ t0 Ihf mJ~~'.~ly payme^tb u~Jl~ tAt te~mf OI t~~t wte xw•rd Mro~r o~ !M Weu~~ld p~Y~^r~t d~tf O/ fOCA n~u~tn u~b~ ene sa•d ~u~e ~s -uny pa~d w.n pay w tne Assuc anv~ ~n~ io'~ow nQ sums 1~1 M~nttallmtn~ Of IM t~~ls i~d ass~ssm~nls ~e~~~d W to De ~w rd ~Qa~nst the Wen~.ses co.r~rd Dy ~n~s ~+u~t~aye s~+d s~ :nua'~ny,.t ol t~r Wr^ ..^~ , a ae~~wms tnae w~~~ Deta*~e due u+d V~Y~t~~e to re~cr- t1+~ ~~w~a~Le o~ t~~e p~e~~•sas covr~d hs•e~~ aya~~st tcss by h.~ •~~d w~dstWm ~s Wo. Cr~ ~a Dy Da~ay~~o~ ~ p~ced•~y a wcn otA~• nara~d as mar «sso.,ar,~r pc rtpu••!d Dy IAa ASSa:~at~o~. s~d an ~ns~a~'^~f~t O~ IM p•e~n~un~ inae N~! betorhe du~ ~~+d DaY~~I~ to r~ntw Me ~++o~tpa~e ~~s~ra~ce ~~ ~~r SucA MStJ~lmtnif ~A~II ~~Qu~i. r~svecnve~y to am twd}~n 11~12in1 0~ t~e ~s pmued y~n.wm a p~m~ums ~o~ suc~ u+sura~ce. v+d t~.ea snd ~ssess~:e~~ts ~e•t due las tsu~+ated Dy th~ Assoc~~t~6~1 t~ss a~~ ~~sca'~m~~~~s a~~e~dy pad there~o~. drvnfed D~r tA~ numbar pl rrwntAS t~at u~ to d~DSe a•a monil, p~u• to tM Catt MAen sucA p~em~um a pem~umf s~+d t~.es a~ ~ssesune~ts w+n o~can~ dehrWu~~~ TM Assoaar~on. v.~~t~ spp~y~~ sucA pa~me~ts to ~nsua~ce pemwms ta.es ~nd ~ssessm~n~s D~~w~ tM sr~e Ot~o~~~ det~nQ~ent. f-~~~~ ~ot D+Y ~~taest to tM Matpa~ o~ suc~ runds irxl i~~ such payme~ts m~y b~ COmm~n01ld pY tM bsoc~~twn vr~tA s~y WM+ wc~ hu+da a w~tA ~ts o.~n h~rds Te~ 1~nds a~~ D~edyed ~s ~dd~hu~~~ secu•~cr b~ the su~~s secu~~d by M~s Mo~t~+~r a~d ~~~ w0~ec~ eo ux e~ ~ tM Assocwewn ~n paYm~nt o/ ..4h e~a~pea" ~nd Oank eo~lectron en~~9es (b! AM payma~ts m~ntro~~d ~n tM p•tced•np subse~t~a+ o~ eMS ps~ag~aph ~.W ~n pay~~e~es to ba made u~+de~ the +a~e uc~~W ~+e~eDy fl+a~ Oe added tOqethlr ~rb th! 1Q9~fyit~ a~++ount tl+ere0! th~~~ be O~~d OY tne Mwtyapo. eacn mo.~tn ~n ~ s~ng~~ pa~mtnl to M ~DW~~ Sy t~ Assoc~st~on to the b~brinny ~te~*+s ~n M~ o~Cer ut ~atA 1 T~ata. ~61nSimt~tl i~d u~SUr~n~;! plmwmt 2"l~te c~a~yei' a~+d D~~~k cdttcno~: cM~yes. u~is pa~Q ~n ma~ne• prov~ded ~n pa•a9.sph ~ Isl 3 Inte~~s~ on tMe nole sewred ~e+eDy 4 Amanrano~ o~ tM p~~apa~ o~ sa~d noe• , Any de~~w~+cr M tM smou~l o~ suc~ ayy.egste ma~tMy paymnnts s~a~~. u~~~ss pa~1 by Me Ma~yago. pa. to the due Aate ot the n~at wcl~ Wy~ne~~. c«+ sntute ~n tvent ot detauh uede~ Me matyage W~lhout wawa of ~ny npAt. tbe Assoaanon may coi~ect ~"bte ci+uy~" ss poY~ded ~n tM Note 5. Tn~~ ~1 t1~ tutat ol tM Darm~nts mad~ pb tM MatQapa u~de~ 1~1 OI p~raprapA 1 peced~ny fhait ~ateM tM ~mOU~t o/ Wym~~ts ~ctu~W mad~ bY tM Assoaat~on br taies a~d assessme~ts af+d ~nsurs~+ce pnm~ums. ~s the cise ma~ be such e~cess s1+au pe ued~eed by tM Assoaatan on subsevw~t paymants tp pt made by thC Mo~epayd I/. Aowerer, the mo~Mty payme~ts made ~y the Mo~tp~pw under Is10~ paray~aD-+ 4 p.eced~n~ s~s~~ not hav~ been wM.cKnt to p~y t~~OS J~d ~ssessme~tt i~d ~nturant~ p~tm~umS as tn~ case may D~ N~M lA! SJr~! ih~tl DtCOm~ dut ~nA DaydDt! lht~. lM AltOt~anon may, at us op~ tqn. ~mmrd~ate~y D~Y suM t~~es u+d ~ssessments a~d ~nwn~ce p~em,um, snd tne .LlortQaqo~ s~a:~ D~Y ~o tAt A3sotjahon ~ny ~mpuot neCtssary t4 make up tM d~~~c~l~Cy. in0 SuCA piymint SAsn De due ~nd p~y~Dlt w tR~n tA+~ly I~O) d~y5 ~fte+ tAe dite Of mad~nQ o~ ~ohce by tM Aasoc~sbon sett~nq 1o.tA tM srt~nt Of sucA deGue~cy tl. st ~ny dm~. tA~ ~1atQa~w shatt te~ ~der to tAe Assoa~t~o~. ~n sccwdance w~M the pov,s:ons o~ tM ~ote secur~d Ae~e~y. fuM payme~t of t1~ s~nre ~~debte0ness r~o•esa~ted he~eb~. tM Aisoc~stwn s~a~~. ~~ coR+uunnQ ine smount o~ sucn ~ndcbted~ess aed~t to tM s~cou~t o~ tM Mortpapa a~y b~~ance r~.na~rwnq ~n t-~e !u~ds accuRw~sted under the prov~s~a+s o~ (s1 0~ Daray~ayh t 6 To Derm~l. comm~t or wHe~ no waste impa~~menl d dete~~O~at~on Of Sa~d p~ope•ty a a~y Oa~t tne•eo~ u+d upo~ the ~a~+u~e o~ t~e Mort9aqo~ to tecp tM pu~te~~.9s y, Sa~d w~~hr K+ poal co~d~uon w~eo+~~ ~~ ^~a~~tenance t~e Assouaro~ mdy dem~rd p~tpe~ ma~nte~s~ce srtd the ~mmed~ate .eoi~~ o/ sa~d Du~:d:~ge o. an mcrease m t~e u++ount o~ secur~ry. d the ~mm~d~ate ~epaym~nt O~ t~e de0t A¢-e^y sewrcd s~+d the b~~e-s o~ tAe Mortpago~ ro compty w.tA sa~d dema.~d o~ the Astoaatwe fw s pe~~od o~ thuty 1301 days s-+a~~ tonst~tute a b~ea_~ o~ th~s mortgage, snd •t tAt opt~on o~ tA~ Assot~at cN+. ~mmeduee'y maeu~e tnr e~urr amvu~t o~ w~~uva~ aM ~nte~est he~e~y ucu~ed s~d tne Assoc~a! on ~mmed•a~Nr a+~d v~rtnout nonce may mst~tute p~oceed~~gs to 1oro~!ose tlus mO~tg~ye j~+d iDUtY ~a t1~ ~ppo~n[men! OT ~ rtCe+ve~ +JS hr'e~nd'tt~ D'or~dM. arnf ~~ Case o~ Ue •e~~sa~ neg~ect o~ ~naMf~t~ o~ the Mo~tgaqM to ~epa~t a~d ma~nca~~ sa•d o+uu+~!v tn~ Assx~r.~o~ m~y at ~ts opc•u~ make such reFa ~s o~ ca.se ehe sa~•r to be maC•: and advanca m~+ers ~~ that be'+a~f 7 T~ per!u~m co~ndr w•th ~nd a~:de 0~ aacA s~d eve~r the s:~pu'at•o~s aQ~ee•Te~~s co.+d•ra~s a~d c6ve~a^ts ~n sa~d u~o~*+~ssu~r nott s~d t~~s me~tysye set ~pth 8 Tp CoR~4~v wth thC s.aDd~v~:s•e~ resn~cze++s a~d the mun:opa~ ro~~nQ o~C•~a~ces aDD~~'aD~e co thr ~~ortyigrd O~ou!tty. ~Ot to e~ect o~ pe•m~t to De e•ec:ed s^y new D~:~~A~^~s on tne v~~ ~•ses nrr~ ~~onyaged o• to a•.'A to o~ pe•m~t :a be added ro md~! O~ pe'~^~t t0 ~e mdCe. ~~~ S!*uctuq' a~tl~~UO~s to any ol the e^~ 4U~~J ~~~U~v~°^'~^'+ t~C'au~ «':~~~t i~! v~~KI!^ COMe~t O~ :nC a51 .C'dt O~+ i'~t1 ~n 1Ae [ve~t Ol i~Y v+O~d'~O~ O~ ~tte^`Dt SO v~0~7!O lhtSB S[rpufi!~Oni a a~r o~ tne^~ t~~s ~*w~ry~yr a^d a~} sums se.:u~sd he~e0y s`+a'~ ~mR~rd ate'y Ce•_u~~:e due d'~d DjY3~~~~ ~< <hr oDron o/ the ass.~oaro~ 9 T~ar ~n ,,as± o~ a J-~a,~t ~n a~r ot tnr 'e'~~s o~ tn~s mu!t~ayt ~~d the ~~L.,p oi a b~~~ co ~o.eoose tn~s o~ an~ o~ne~ ~~o~:~a~e e^•cum~_nng t~+e w+tMn descnbed ao,.~~!v t~e Ayso...~ro~ s'+~~~ De e^t~t'e: to aCU~Y at anr t~me w~enou~ no:~ce pe~d~~g sucn ~o•edos,*e su t to Mr cou•t nav ~g ~uns3•cro~ tbreo~ ~o. the aD p~~e^~c~~t o~ a~ece~or~ o~ a~~ a~d s•~9.:•a~ the mprtyayPd D'ov~'t~ a^d o~ a'i thr ~e~ts ~ncomes Wohfs ~ssues a~d ro.!~ues enreof ~rom wnatsoever so„rc~ ae•:.-d a~d tne•.-.,e~~^ ~t ~s ne~ebr e.:~ess'y co.e^a~crd a^d ap•.e:: tna~ :'+e cuu~: s~a'I 1o~~~,n:t~ aD: ~•~t a.ece:ve• o~ sa~d mo.:9a3'd a'oae°tr• ~7 ~"d i~~yu~r a~d o~ s~cn rt~ts ~~co~-~ac yo~~'s ~ssues a~~d re~.rue~ e~e•r~' hu~~ w~atsu+.?• ;o~•ce Qr•~ve~ w~tn t~e uz.:a~ Dov~e•i ~~~ Qut~EL O<<l.e~v~rs ~n 6Ye cases a~•~ s,c~ aunv~T'-ent s'*a'~ be ~~ade Or s~c!. w~•c as a r.ac2r o- s~~ .t ~ q'+e co tne As~cr.:a• u~: a~d w:t'+uut •e'e~ence ro tnC adeQ~scy o~ maCeduacy o~ the ~.a'~:N O~ th~ Dn~~t•'~ '+r•e^r ^~~~'g'y~•1 0~ to tne so re^r, o• n~o•ve~ cy o-+ne :!o~:y~y:~ aRd ,na! s~.~ re~ts D~o~ u~~comes ~ssues a~d ro~e~ues s!+a~~ b. a~v, ?: 5v s.,~~ •ecr.e• to tne Da.ment o~ t~e '*~o~'y3y~ n~e'~tr'"est costs a~d cna~ges acco~e r+y to the o~d•~ of suc~ cw:rt 10 T~at ~n Me e~ent t~e p~e~-~~ses hreDy mo~:g~~rJ or a~r Da*t t!+e•+_o~ sha~~'~e condzn-.~rd a~d tate~ ur.~e~ tf+e ~:w?• o} e~~~e~: doma~n. the Ass~: ~at~o~ s!+a'~ nsve the •~ejh~ t0 dt'^3'~d tAJ: a!~ daTa~es awa-drl !or tne :a: :+y~ n~ o~ ~n~u~y LO sd d D't'~~•StS Shd~~ es pa~d to t~e 4ssoc•at~o~ as successo~s o~ sss•9~s. up to me ar,u~~t tnr• u~pa d o~ tn,s mor,qa~e and mar ~ s~t~~ Pd to an~ s"~s ~as• parare AEro~r.dC 11 Tna~ ar~t s o~ [n,~ esi~^~e o/ eh~s con:~ace a~d tna: no wa .e~ of a~y uG ~pauon hrre:.~de~ o~ o~ the ob'~ya:~o~+ xcu•ed neroby S~+a« it s~y t+me :herea'te~ ~e ~e~d t0 Ae d wd~ue' O~ tRt 'e~^~S he•tD~ O~ O~ tF1G O~t1~''~SSO~y rtp;t it.ured !~E~rDy 12 fn tr+! Cv!~i Of anY Ct{J~h .n a~y O~ She termt O~ tA~i mOKQdye o• ~n tne Ro~e secu•eC ~e~eDr. a^u ac_c~er~!:pn Dy th! hO~dt~. M i~y O[hC' SrtWt+O~+ N~I v~o~~0 C~uSe th~ ~~;er~St Da~d O~ D~Ydb~E unQe~ tA+s ob~~pai~on ro e.cer6 sne ~~ures! rate aut~o~~aed by ~sw. t~e~ ~n Such ~ve~t atl e^cess mte~est the•eeo~ore D~~d s~a~1 pe =r.: ce 1 to a~~n~ pai ~~d a:' accrued and wpa d e•cess ~n2e•es: sna.~ sbaee a~d sna~! ~+ot Oe a~ o0+~ganon o~ t~e maker w o- s~y ome* pe•w~ 13 Tnar ro ene e.rr: o~ the ~r.deb:ed^ess o~ the Mortyaro~ !o the Assoc:au~~ desc~~Ded hue~~ o~ secwed f:e~eCr tbe Assovanon ~s Ae~eOr s.,e•oga:ed to tt+~ i~r~ a~~e^s a^d ~o t~e ~~yhts ot tne :;wner and ~o~ae. tnreol o~ eac~ a~e e.ery mo•tpa;;e ~~e~ o~ o:t+e* e~cumwa~xe on t-+e 'a~d Ces; ~~Ned 1+e~e~~. w~•c~ ~s pa~d a~A sar s' e<3 ~n ti*c~e o~ ~n pa•t oot o~ the p+oceeds of t~e !oa~ deu~.be4 ~e~e•n or secuaed t+e~eby ard the ~espe:rve ~~e^s o~ srd ~+w~tga j!s t~e~s o~ otna e~• Cu~^D•d^C~S s^a'? Do a~ the sa~^e a~d eac~+ o/ t-+er+ here~r ~s D~eae~~+e~ and sna'~ Oass co a~d Ge he+d by tne Assoc,st~on nero+n as secv.~ry ~w the ~e- ~ebV S^t55 ro the ass~-~at.o~ hra~ desc<<De~ o~ ~e~eby se_::~eC to Ihe saTe e^;e~t i~at rt wou~d ~a~e Deen prese~.ed a~+d +tiou~d ~ave bee~ passed to a*~d Dee~~ '+r~ b~ tne ~ssoc~aro~ !+ad .t De~~* du~r a~C re~u~a~~Y sss~g^rd t~a^s`e•*eG ser o~e• a~a d.'.vred u~to tne Ass~~ aho~ bv sepa~ate deeJ o~ ass~~nme~:. n~re,•r~,;a^S~~g t'+r `act t~at t^e sa•-~e ma~ Oe sa•~s` ed a~d ~a^ce'o4 0~ ~eco~a ~t D~ ~y tne ~~!c~'ro~ o~ the pa~!~es he•e!o t~at the sam.e n~!~ be sat~sbeQ a^d car<_., ;.. ~ o~ •e _~.~5 ~v :n. ~o Ce,s tnEr.or a• a. aD•:,.• tre rme o~ tnr ~r_ :rc ^y of :n~s R.U~:ydgy 14 !nat } a~r o' t~« s..^~s o~ ~*o~~e, ^e'e ~ re•e..ee !o b~ ^ot o~o~'D:'r an~': 'r ::a a r. r^,> t^~rt~ i30~ ~ais ~e.r s'•~• C+e_sa ^e sev.•a'~Y beco^•se due a^~ oaytW! pr .1 .a :'+ a^~S !. ~!^e st~purdt ons a~jr~«~ne_•s co~C~DO^> a-d .o~~^a~•s o! se~C D•c~' s,c., ^.o,e a^A tn.s murtg!^y? o~ e•~!• ire net au~Y DrrOrmeV com. p~.e s v. ;ti a^d a^ ~}e~7 br the a^y~•oy~•• s.;.n ~npa•d ~rC•• sa:C p•or: ss;•, ~o'e ar~: c~ ,^~.oryayr s^a~~ tre _o~•e du! a~d pa. ~~ e'o~:nw~.th or tnveaRr ar the onru~ of ;nr Assa= i•~o~ as ~u:~y r~J co *•p'ece'y as ~! sa J a~3•=}ac. s..~ of mo~~e, ne•> pr•g,rd'Y S: ou~a~e'. :o A~ ~a-d w+ sucn day anycnmg rn ~~d p.o--+~s;~.,.y ~+ore u, nr,+n to tr.e co~tra~y nure,tns:e^C:~•y 15 T~a! ~~ o~~r :o a^cde~are r^.e ~~a!w~!y o~ th~ nd.~ce'^ess ~re~~ se.wel be.a;nr d t?+e'a'u•e o~ !ne «u~:yag^• ro oar a~*y a^ ass!s;me~[ ~~tb•~:ty oO~~ga Ao^ o• e^._,.•..b•.+.'c. u[^~^ sa.•; ~rpyo.ry as Rt•r.n pror~CH ~t s!~a'~I n0' GC ~e~.+s;a•~ ^w ~l~~..~s.tn M2r :ne au^_ atOn sna'i firsS Ddy Lhe sa~*~e 16 Tnat t• r a':.r• i:c o~ a^,•~a_r; of eUe co~e• ~•y tnr mo~ty~3g~,: D~~Cr-ty s`a~~ a! a'~ t r~> ~u~ ^y t!+a '~~e o~ [h.s mu•tga~• re~•a -+ ~n the poss-is o:~ oT ine Ass~.~_ ~• o•~ d~4 ~~ e.r.• ~~ :^e `c~e_ os,•o ~r ~ti:s ^~c•'gaa. o~ o:^er va~~'••- of t,e'e ~o cne -no~~~e~e : p•OCe.•y .nl~t -y:.,s"~••~t pt•he ~nC!Lte!^ess se~,••~.f n~~~bt a~~ •.gtit t•:!e a~~: n'e-es: ot tne M:.::~..30• m a•C to a^Y s,:c!+ ae~•~arrs o' ntte sna`j pass :u ;~e o~'~"es±• ~r ya•~:ee 1 T S~vu'A tne ,a' ~i cr ~~ ~,e : o~ th~s -.,o.,:y~gv o~ :~e -,o~e xc...e.; :t e~rb. De co~trs~rd by '~t ga: o° or a!nt~ Y s. tne Vlo•tgago• s~~ees to ~ay to the Assoc~at,~~ th! COCt of Qr!yr..j.,~y •h. Sa."t ~nl:,~Q•^y B redsc+ a~~~e a'tU...~~ s•~~ • 18 To pay a~t a~C s~.,~,~,~• che cos!s cha•,P; an , o^pr: :~s .n~;,,4~~ ,~ a••o~-:e~ z!ees ro.i~ r,~h+~ .rw~~e•S w Da d a! an~ :~rr,e b~ the Assx:anon b:cauv o~ !~ h~'~.! o! ihe Mor:ga;o~ •o pe~`c«~ co~+~V~Y +~~~h a^4 ah~~:e 4y ea•.`~ a~h e~e•v the st4~,~.~•~o~•s ag•o~:re::rs cc~d~i.ons a~~C ~owra~ts o~ sa~d prpm~SiQry n0!! a~d ch~s mo~~yay! a e~ch.: aRd e.e•~ wch ~e.cec;r 'o• Me ~.+.~ e~c of ihs~ nion;`[y •ns'a"~^e~•t 35 ~eq~"e'1 by t~e Prum~ss~vy Not!1 s~a'I S!a' ~ntt~est frpm ddto d' thM •dtn pf ~~~3hte•n pnr Cer.t i18~.1 P°r annum unfd fuqy Da:`~ ~ s9 T!1~ Azs x a~•:,-~ s`a~t ~+ave :~e ~~ght at a^~ :Ir*1C d^d tfOT [lR1r IO I~rt~~e a~.d w•thGut nUi•CC LG O~ CO~'SO": C~ d'~/ QC'50~1 SO ~~) ~~•[diP J~/ (30~L O~~ O~Th!'J~lT~S?S fror: t~t i~l~ O! ih,5 mOrr9a.~~ ~p~ •e'eeso anr v•son ;~aD~• to~ pa~~^,r,s of any ~ndepte:l^~ss ~ec s~ed 1+e~eDr ~d er._-d t^e tmr o-Day~,e.~c o• a°te- tne te•ms of nati^ ~-~t o~ at; o~ a^. oa~t o! tne ,ru'!~re~~ess w~tho.~t a~!ec:my o< <reas,nQ tne pe'so~~a' ;~aG ` t~ nT ~ny pe~w~ t~ac-'o qo~nr tna~ anr pe•s:~~ re'eas~d p~:. wr^• ~±•~co~ ~o~ t~e pa~~-ent o! ~:,y s~~+ w~nterost setv•e1 ~e~lfly a~C n~[hout ~n a~r W~se a~~e~•rg va•r:^g. o~,~~,~~~~a*~~9 tne !aces e~4~~z a br~ o~ t~~s mo~rya~;~ o^ a~~ t~e o«T~s.s ~+ot s;.ec~f~ca ~y I~'l758C (~Gm tne ,~e~ o{ th~s mo~tgage by the Assoc aru~ 20 Any a~•ec.• ~.,c fie.e~~te.•nr'• Dr Na~t~a~or and Ass•~c~aro~ py•SU~ItI ~O IIhS TOI~(~dy7 s`.a'~ br s~~c~^o• to tht ~~q~es ot th~ ho~de~ OI ~ny ~nie'ven~ny h~~ p~ erCUmura'~i~ Z t Gpnn ~e:~n: o! ~~or.ga^yo• the Ass~..: ar o^ T,aY at ds so~e on•.o^ (rom t~me :o ume be'o~e ~u~i paymen: of att ~nde!,t _c:ness se_u•ed he•ebr maie ~urthe~ aC~ vr~c.s to Mo•rya~ro D'nv,ded nuwew•• :na: the to;a~ O~~RC~pa' x_u~ed here~y s~d rtTa n:ny u~~pe C~nclud~^~ a~Y s~cM ad~a^ces sha" rwt s! an~ Umn e• ceed the o~•g•~a~ p••~c o~ su^~ se:~~~^. ~e•eDr S~onpago• s'+a" Day a°~ suU ~u~[~e~ adva~~es w~eh ~e[res: a~d :he sa°~e s~a'~ De xcurod he•eby A(1 prcv~so~s 0/ tMS ~'~or,~a;~ s~.a't acD''! :~ •a~n r~rcre• adva^ce as we" as to a!? ocf:e• ~~+deSteCrtss securo0'+e•eby No:h.ny~ he•e~n co~.ta~~eQ. ~+ov~e.e~. sha''tim~t tbe amou~! ss:ve' ar t^~s ~-o~:ga;e ~~ s•.c~ a~* c"~; s r.c~easeJ by a3.a•~vs made by the Assx ar.o'~. ~S h[~0"1 l~SB'N~1G'G O~GY~Ced ~o• io wo'ect ihe se=w ty j~ In the 2•.C~~t [ht V~•;rgd j•~• bC•e n W dny S.:Ltequt^i !1R0'!g,•~~rr O~ d~ry D°'snr O~ Cnr~>~dAOn Ovvnmy dny infCtesi ~nhd:50e+~• ShOO~C Or.c~mb!• Mt'>ro~erty Ae~r•n mo•t:;a;~.: br an msf•u^-ent ._nT.^~vn'y re'•_r.E'! to a~~! ~^~;wn ~s a w,ac a~o,:r.~ n;ortga,~' w,~nuut 6nt obra~n~n~ the wntt!n cons!nt of the Assa-:a tro~ then ai inr ooT~o^ o~ the As::~ ~at~nn :~e obt~ga•:o~ sea,~o~ by th,s blo~tqag! sha~t ~mmrC•ate'v be=om_ Au- a~+d payahie 23 To a~v ~o ~r,~ As:-~ ~•,o~ w:th ieorN} In>:,.a~-v Co.e•a;e ,f tne re3° o•ct~^•ty ~s now o• hreatrer Cece•m~neA to oe w~th~n s spec~ar ~004 hara.4 a•ea as sMv.~ p~ Ftoo! Nar-•'. B~~.~da*q 'Nap F~o~x: Ins.:•a• c. Rat! Man ac p;~A':sh.d by the ied.~a~ Insu•ance Adm~n~Sba' on 24 At tne ~enues; ot the Mo~:ya~o• the Assou~:~o~ ap~ees ro w~ vs the p•or~s~o~s ot pa'as•aph l re~suve ro the aea:~on o~ a ~aiard ~ns~~ance scco~^t. pov~dM. Aov`evr tnat t:~e Assoc:a::a+ nt:~~s the nyh~, ~t ~ts opt:on. !o ~~ ~r.state such pipv~i O~i Of SA d pa~iy~iDh 4~S ~~ OG'~p~bon o~ tM Mo~tpa~o. Ae•sl~de~ upo'• :he hat::.^'*.^g O! any o~ tM (O~IOw~np ~ ~ A fa•'u•e to make s~y pay:*~e~t r~~~red u~+d•• the te~ms of the ncte on o. be!o~e th. due date thereof. 8 fa~:uro !o co~*~D~Y w~tA tAe ~nsuqnce D~ov~s~p~s of pre~•apn 3 a oI s.+y ot the ot~e~ serms u+d co .~~~~pk~tpaps o~ no[e. or w+[!+ the ,nsura~c• r~wre~ e,,ts co~~a~ned ~n !h~ Oe-'~•a!~on o/ Co~do~+~n.um •~+d .~'ated docu~re~!s s++ou'd t~ rty b~ tomm~tted to ca+dom~rnum ~ ~ .. Ceve`oo^~e~t ~~~ -~ o,• ,. . 1 • + , . Q • _ ' '~ ~, ~ ~ z . . s • / ~i !"1 ~ ~ c • ' ; '' ~ Ji 0 ! ` f `~ (Cl•\I-i6 ~/ ' • ~..~. T/P-~ C/Y' ~ , _ . _ ,, MICA i7 ~ ~ ~ ~ __- ~.~:~~ .. _ : - ~ ~K 348 P~~f 2483 ~ L - -., ~ - ao~x