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HomeMy WebLinkAbout0939 ` ~Hl~tu~~NiCi~`s. BoYrowo~ and I.cndo~"~avcna~t ~n~l a " .k . ALL..~. ~ - p : - } • ~ e~ay~m~~ t and~i.ate$Ch~~~es,1~ Ao~"ower"~h`~11 `hi~1~~t ly'(~aY ~h ~ 1 Fa me~~'"~~~fi~i ~1 and In~erest~ Pr ~ .rr' ~ ~ ~ , n due the ~i~~i i fi~f'i re~C ~bt'~Dtd~ffic4~i , „ , . , : ~ ~ b t~, otc and an ~ ~ ~ ~ h ~ ~ ~'tc.~ ~ ~ _ N, ~ p 2. ~111ds ~pr'Tax aa asuraace, Su~jeaCt bl~ la ; 'b ~i'~~i~'~ ~?~tV~~ ~l.~ncic~ ~~w~r shall ~'~y , io Len ~~?~"~i+~ ~ p~~h c u~d ~'~~tc; unt~l;~tie~~~`is~~~~° i~ ~ sum C~ F~fs ) eqi~i'1o ~t ~ly- ~ ~ ~ onc t'~ ~ ~ vvc ~'~A~ : e~1~1 -taxes and ass~ssm nts whicn~~~~y attain~~l~t~r~v~r'~tiiis `Sec l~ Ing~~~t~~' t~) `~efi~°ly ~ ~ ^ 0~(~ A ' S'"~i. fq ' , ' - . leaseh ~~p w und te~t~"~~ih~ P~i!1"~y,°~if a~yi~~~)`~'yi~tY~ti~z~~d ins~lrar~~c '~r~fni~s; andF ~ye~ly moh a~~fti~ ~~'i'~c ~'r~'~1iCi~s~ if a~~, Thes~'it ~s Ar~ called'"es~i~~tv`itcros.`~`~`ndc~ ~Ay estt~~te tii~;°"1~"ds`tlu~-a~"`the ~ W .k i ~S~S P " Y asona~lc e~~liri~tes ~ !~'t~ , , N . ; t ~ . f~`d~`~fi~11 b~b°iicT~~i'~til~t~lt1~ ~ es~`io~iC~s. ~ deposits b~~c~cb'~Hf~`f ~h~ch ar~'1ns~te~l'dr gct~~anteed by a fedci~~l°~r ` i ~ ~ ~ . ~ ' ~•~r .i .F stAte.a enc ~ ~ii a re '~i`-'L d t~ s~ ` t 1 t~ r h~ll a 1•the R~?~`ds t~"~' a~'th ~ c~s ~ow'=•itcins. 8 g~~- ~ ei~ t~i' h`"~'` Lehde ~S P{~ Y P Y - ~ ~ , 8 , x 8' ~ , F , Lertdef~ina" ~~t ehfii e f ~est or'~h~`~f~i"d~~~"ftd ~ li~~l~'i~~ itn ~l~L n~~fv~~lt~g~the esei~u~=1~s: unless . ~ w! Le~'der 3"B~~ivcr inte F~' ~ p~~ er~41S make such a ch~~ge.~ B~"o~r ai~d ~ ~d~ti~"Fi~°ds:-Unless~an ~a reemerlt is~ m~d~` d`r a 1~~~ Ir.cn ~e~'t~c.~st~l~tb~ ~ i~~ erfde'~ sh est ~ shal~P ti~"~ ;_B . ~ ~ ~ r $ ' ~~t 'i~ he' ~u~s: ble law , ' t,~ ~p . ~ I, ~~'1~t~~~~" t~'P$~Gt~~r ~j~f~ ~ t b t "L'et~`der shall' iv~ ~t~; , g ' ~ t ' ~ ~ s sho~inn.=~~`ifits ai~''~~~"'t~li~'F~V`tts~he purpos~ f6t` ~li~~~'~~$~i~"1~~~3~tV`~s rli~ e~i'~e~~ds'~~1'e'``dget! a"s'~~~~il sect~r~t~ for'~h~ su'm's's~c1i~ !sy th~s Scc~tit It~t~itA t~t ~ ~ . . . th'~d[~"""d~~tes~~'o'~~Ii'~~~~it~s, Stiall~yexceed liie ~ togeth~~~itli'~h~ ~~~"~e`~f't~ii . t~ ot~~"ri'~n~ds p~"y~til~~~r l'b l~"tvh~'~c; at Ii'$'f~~'~Ct~~~~he~!~1~'~ aiti'i~~i~e~ ~~edit~~'1~~e 4 ih~~itcess sh~ll'be, Y ` . ' ~ '"~I~~til~a~i~i t~'~f~I~ls:`i~ke artiour`~'t°'~~`~~'f~d~'ti~lf~°.tt~Lende'7"fi~"~""s`~ffl~fe`~~t"f~S'~li~`esc~oW ~tems When due; B~7$C~rer'sh~ll~p~~•~b L~ndcr'~~y amount i'iien ~d~flLfi~ ~'~11i~~'~~~ ias~~'~-1.~r, . L~der ~'~J n'"~~~' }~"~f~~°all sums`s~r~.~b h~s Sec ~~~~t~~Lc~dershall ~~rtl 1 yief'und"'C~°Bt~'1`8~r~r : ~ . i ~ ~ ~ y . an`~`~~iid~`h"~1diS~~~r~ Ii`~i `d~~°"~°ia~~'~h ~l'4~~h~ ~ ~q"i~s~ld`~f°~itite~i by'.Lend~"ry Lehder~S~~11°~ly~n~lfi'{`~r . than ini"~cii~~l tb ~iFi~ s~l~"~t'~ti~' ~~5~~ t~'~~ is`i~l~`''ts L'~tler, y L~i~der at~~tie~ii~e `of ~~tt~i"~F+~`~is hei~'~S'~ ~ appl~c~~Ci~"tas~`~'iedit'agairi~h~e"~+~`iFi$sei~t'~9 b~~t~`S~'ity'~Y~~i~fi'~iit. 3 Aj1~li~~tib~`~~y~i`t~~1ts. °~i le~"s al~'~li~lela~~'ovides~~~h~r~ise, allYp~a~ier~t~r~~ived by°Le#~`d~r`'~"d~r pai~a~r~~'hs'~l arid~~`sh~'~~i~slt~d~fii`st,`~~S'l~t'~°~h~~g~i~'~tle~h~~V~te,sec~'d;~t~r~`~t'~~~t*~harges"d~1~d~~"ttfe N~te~fiira;'tb`a'~l~ts~'~a iabl~und~"i~~`i~`~h:2; fot~ ~h~t~~t~rest due; an'~la°st; t~rt~i~Efite. ` ~ . . . ~,4 aCliarges;~L~ec~s. ~B~`i~v~r shall ~r~a11°fa~tes; assessmenis.'~harges. fii~es-~t~d'iitl~~iti~ns`~a~~if'~[a~l`'e"°t~tti~ Prope`rt~' wrht~h'°1sia~r°a~tai~i'``p"ft~i`iCy'o~e~=th~s~-S~"l~~it~Iii~t~`~`~it~~r"~`d~i~aseho~d~payihe`~s~'~r g~~if~'~its,' if'~~tiy. B~'tiw~r `sli~a~l`~~'lhe~~o"~iig`~tibi~s''rh*ih~'`~i~ittfi~~v~d~tl~"t~ag~a`~h'2: "~"#fx'~'~C~i~`ftl`i~`th~t~r`~a'Y~t~~f,"'B~o~i~ir~ti~ll pa~?"th'~'1~~i`~ifii'~di~l~`t~f`Yh~~r~~oWed ji~~te'~it~Bb~''ow~"r°sli~aiU'~a~l~'fi1~r°itsh~'t~f'Le~1~`~<~11~`i8"~ices'bf~~r~ib~it'Fits to b°"e"~Sa9d'f~d~~'tliisT~3~r~~te'~h:~f~Bb'~fower it~akes~these,~pa~~Tit~dtr~tl,v; B~o~vec shatl p~~Stly~f~iSt~'tt~iLe~d~r re~~i}~ts e~idet~~n~"th`~"~'r'i~ts. - . . , B~t`'`iovv~r~sfiall'~~~tlq"dis'~ti~rge'anyfiefiwhich`has~}~~ty"o~er~Hi~S~c~i}~'Ii~~t~ifltet~~°~iil~ss~B6?~o~~~`(a) taitfi `~H~iienf~~~~~~'payment of ~h~.~fbligat~o'fi'~ii~`e'~~by''~h'~"lie'~"in a'"r~"~Pih~'r at~c~t~61~0°Ler~~~er; (t3)`~~'~tests ~i~rgot~d g` ' by; o~ defe~'d~"again"st`enfoi~c~~nter~t~~1~[h~"'11eh~in~l~g~1`~itd~c~edings whi~h"~~r~`1heyLe~"d~r's~'~ihiC~i'i"~"~t~t~`to ~irevent~the'enf~iceme~t'~~~~h~lle~°~s~f6~f`eu~ire'`~f an~=}i~rt~bf~~h~~4P~d`p~~rty;~o~`(~) se~[I'~'ess~t`frirr~*tN~'lit~lde~`of~~he li~n~an agfeti~ie~t s~ti~sfact~"i'y tb L'e~?d~T sulit~d~i~tin~'the lien~ tt~~thisS~curity'I~S~it~nt $If=Leride~"d~l~rrttt~`e~if"~[ ~tiy:'pait of . -the~P~~"~rt~,~i~ subj~~~1~`a`I~eli•~h~Ch~~~fiay aCtdir"1~'~"ti~~`tit~i''~ov~r ~i~ts~Se~~iC~~I~fg"fY'i7~rl~nt;`Lendei`~may~give Bd'~'tower'!a noti~e`~8erit~f}rir~`g~`th`L~`li~ii:,$~"~~ovi~er`slt°~~i'sati~fp~th~ li~'tl"t~~take arie ~i~~C~te`~5t`the ac~tit~ns se~`fb~h!aliove w~thirr~i0`days ~ ~f ~fte grvm~ ~f ~ioti~e . -5 Hazard~Insurai~ce Bar~o~er shall~kee~5 th~ i~~i'ovements no~°existriig"~~' h~fieaftef'~re,ctc~d tin§ttie'Pii~`~ty insured ag~~nst'lOS~by fire; liazards°i~~lti`~e~ v1~Sthiiii~""~li~'t~~rli "exter'~`c1~ti1'~"dverage" and~`anybthe~`ha~`rds~fbt whit'ti'L'e~`der a.._ requi~e~~t~is~~~~e. 'Chi~ inst~~`e[c~' sh~1~l~"'m~i~tain~`d~i~~the artlou'ilts and"for~the~pc~zids•tli~t"°L"~'ftiler~requires. The ins~ii~$r`f~~"t~i~`ri~`r~~owdmg tH~°ir~tsu~2itice`shail'tsc~~hosen by~B~~roc~i~r ~ubje~t'~a'~Lend`er's"apj~Yoval wh~h°shall'~°ibt~tfe ~ unrea'~~til~ ~~thh`~`~d. ~ . ~ ~ ~ ~ ~ ~ ~~All~ins~i~~thce pbli~i~es ar~d~r~t~ev~al"s sh~l?~be``~~~~ptable"to~Lendef'~f~d sli~ll'ii~~lt~`de'~ siandard~md~tgage~l~use. ~ t L~'i~d eistsbf aarb ~e $U~s r~dae~it'eW~'"~f'8 ices.In'th~e ent'o~~il~"~'rgqUires; B~rro~er~h~ll`}~i`oir~'~ly•give~to`L'~~fder "~lass.'Bdi'7oweT~sfiall iv~ ~brt1"'ir1iltfi~e~t~~hc~'ihst~ra~i~e ` all rec' p g~l p°~ car~ie~ ar~~l~I:e~"def:~ Le~d~~ii~~~i `ttt2~tf~'~r~f ~fllosS~l~rr~dt`made"p~'S~i~~tly b'~'Bd~l'biver. . ' Unless i;endet arli t~B~3~'rowe~~r'~~i~rwis~~agre~'i~i wctting;:insti~~iicc ~1'YO~eeds~~li~TTbe"~~i~lied~tb rest9rati8ri`b~~~p~ir ' ot``~tre-Pr~"p~~ty~damageil~"ifi~~heare~t~~~ltais`~t-t~`paif is°~~~brtiicall~'fpasiblesandYl:ci~`der's sec~`17i~iy-isr~bt'~lesser~~~ ~~f~tt?e ' rest~ration'~o~~repai~~ist"it6t'e~tir~b~#t~lly'~feasi6le~iS~'Lende~`s~se~iiy~would€t~°les~t~Pd;'"th"e insu~"~rice"'~~b~eeds s1t`~Il~be aPP~1~daC~`tti~"SUrtis se~~ire~~by~~his Sei'~'~i~yYY~l~t~f?lent; wt~~tt~e~"br'n8~"~'th~ti~"due,}-with'~ny`e~fcess paid td*Bb~rawer.`If I B6r?~o~~`t•~b~t~dons°tke`P~ii~tty;'o'i`~'does t~`~ft`~(i~sW~r v~~thi"n ~0''days ~'~notice` fi'bm~L~nde~°thai°'th~''tti's~i'~~~e~~Yn~i"l~as oR~r'~~tb set`tle'~i ~taim; thet`f"L:~nde"r "~a~C~l1e`~`t'~~ie`ftl~u~nc~`p~c~e~`ds: L°~nder'maj~'use ~tie°}1"~e~ds"i~'re~i~if ~~~st~~re thewPrb'pt~rtpr"di~`t~iay sums st~iT~'bj?~ihi~ Se~~l"~Ity-ln~t~erit;"wH~tti~~ri5't''r~Ot~tti~#?~aue. ~ch~~~a~aay=~i~~d will~tiegin ; wli~'#~`ili'~fi'~`e is'gi~`n. - ' M~JnI ~~~'~t~~hB ~t bth~rwise agre"~~iTt w°~iiih8;~anjr~~~~licait~°'~ff={~~t~e~ds 1"c~ jS~ti~i~'~l sh'~Ii~~ot~e~f~fid'br post~"tti' hly~'p~yme~~ts`~f~Pr"i~'d't~f ~t'~~~hs 1 ~~id 2 8~"'ct~~~rg~"tti~ ~~ftiSt~t ~f `the ~fayr~iehts ~If ~~~d~t i"a ' j ~ ~ ~ ' r ~ . k I ~ "~~a~h'1~~'~"iN~'~~~'~~ij~isacqtit~$~'tiji~Lend~~;B~`i~oW~r~`i~gtft~t2~"~"~yYi~~t~~"~r~Ce"~lf~iesand'~~eeds-rt~ltit~g f~tii~'if~riiag~ tri`'the~`P~Upt~ty~fi25'i~t~tlt~ ~cquis~tlb~1`~h~ll'~`a.c~~}$'I;ei~`d~''t~itti~"~fftttl't'7~f11i~ ~ur~~s~ct~i'eiI'by"ttiis S~c~i'ily ~ ~Ins~i~e~'if~i~i~t$l j~ ~'Ct~"ttt~'~~'q~ii~iti~`n. ~ ~ 6. `P~es°~#v . P~P~bp~~t~#'I:~asefiblds. Bd"~~`owe`"r"sh~tl•r~~t~de~Ti~y;d~"i~~g"'e~~substairtiaily , i ch~nge~th~ Pfb~'i`iyt allow ihe"iPt~~ :.t~~dtt~rate'~r ~~iit•dvaste.=lf~`this°Sec~l~ry°In~[t'~Fi~ltYis- ,n~a 1~a~PN~ld, ~ Bc~'r~'`o~i~i `31i~U I~lfl"ih~ i~tbns~f ~ti~'tease,~~l8~it~B~ti~bwer ~M~f~`e~ fee title t~`'the P"~~~fty~ the`leasehol`dt~nd ~ ~ • N ~ Yfee tfii~"~haU'~'~it~~~~`"t~Itss Lrndt~~°agre~"t~h~ft~~~gc~`~i`~ v~~ft~iig: ~7 P~I~t~l~`~1~8~~I:end~'s'Rtglits~in°tlie'Pi'bp1~f~';`M~°rtgage~Ins~ir~~te. ~~f~gi~r'~b~+er""t~ils'ro~`perfd'~~ri~`the ~'tfveh~'~ts at~~l'agreem~'~t~~"b~"ft3ii~iec~ ~i'i~Fii~iSecu~it'q~y~~t~~'ht; d~ti~7~i' `fs°a It~~l°pT~e~ciitl~"'ihat'rfiay signific~r111y afi'ect - Ler~d~r'~~~it~i"n~ik~~~'~~~~ty~(su~h`~as'°~~~~'c~ceeding in ban tc~y;'"~f~tS~ie, fcs~~C~~d~~i~'ti~n'~t~r~ ti~ry~~ffi~'re laws or ~ -~re ~lati~ri~~;~1~h~~~L~~dL~`~i `db'and" ~ g y ~l`'1'~ft i~h~~f~i i~'''r~~es~~~~'~tect th~~value o~`Che`P~~ty aii~..en~dcr'~`tt~Hts ; in~tli~`P , 1~1~~I:~~'~'s ~ti~""~~~~i~l~'d a ~ y~ . . . + y ; ~'P~i ~t `~"r"tsak~'"te` ~i~`s:~A eci~fity Ins~iR~ti~~ ~ H'~b~ ' t~~ e~°~le~d°~~rs t~es ~n~d'~t~~~g~o~'thc h~ch~~ha~` ~'fi~t ~ 8`r~P'"'tlt~~"~~`~h i~ft ~~f`d~"~ th~~ ~"ta ta h~7~ I:e~'d~~ dcs~s ~'ff~v~ t d~so. I.erfide~~ ~~r~t~ke ~W~ { . ~ ° ~ _..p . . . . ~ - _ . „ • " ~tif ~f`~~~v~~ sei~r~d by~ this . y ~ s dis~'~"rs~i'~'L~t~d~~1~1"d~``ttti~"~~~'~~r~6 7 sfi~~('ti~rrte ~dditt2~'~"~i tl _ * , . ~ e . ~ rr~`~t~~shal! t~~~"~ilit~tesl~fl'~rl~ Sect~~il~T`ir ~t~iti~nt. Llnlesi ~i"bVve~`~ L~~'der agre~tt~ cftheft~~af pa"~i't~1t, t~ese a the date of`~~f~sem~~it at 3he~i~t~-`~te ~nd sh~ll. tk'~ ~ ~ pa~y ble, ~ith"~'ri~t~test, ~rrotice' fr~ifl"''L°er~d"er`~Co~B~Wer F requestingr~~'rtt~~t. ~ ~ ~ ~n~~~~~ ~~x~ ~ . . . _ .:~w ~ ~ . .