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HomeMy WebLinkAbout0936 i~tJii t~~tM C'~3`i ~`N,~~'`fS ~ 13c~~~t« ; ' , S ancl1~.ende~`c~'orc~~~nt tmd s~~~g «~c a~ t~l1~Ny _ . : 1 1 a~~ment o~ I~~~~i~i 1 and lnt~rest= P~R~me~t1"and~l:ate-Clie~ cs. li~i~rn~c~ ~h~ll " ro I~° ~ H~licn~~tur ~_._.i & h... t 1~ ~ ~he priitLitF~1~f~ t~hF~ti t~ 2.° ~Hl~nds "~`~k~~ ~Wt,h'~~tlelit°~videnc~f t~~''th~`N'~te~hnd ni~5' j~~~pa)~i?i~~~~~ ;~i~tl late rha~ge~~iue ui~der l~~e Nt~ie. ~ . ~~nd Insqra~lre, ' Subj~~i~tr'tfi~pl r`~ibl~~l~w~ <~r~"~ t?.S~~i~ w;~ive~ by t:t~~nder; (l~r~'~N~er ~h~ll ray one tWe~ ~~~~~~hy ~1~ti1h1 ~ t~entt arc`°~~cit~' ti n 1"a.~`11~[h~~`Fl'c~l~ i~*`~'~~"tl'ti~~'Rlll;`P~~ tiur~j ('~f`~`~~fit'~1 equ~l to , Y~P S~ ~ h~fkC~~~t'e~tty~t~xes ~i~d att~~ssments tt~ll~tt~fi~'~n~y `a~ili~in}t"sPi"t~'[p"~verlhis~Se~~'3~~~I~i+~~'I~ii~~~R~(b) yca~ly~ trasehol~~'~~!~ts c1i i~~tinct`~c'r~~s~~?tf' Ihc'°1~ ,~pe~lya if a~~;~(b>~'yc~ly ha~:~~cl im~~~':~cq;~~ren5t~r~rti:.ani1T(~11"~?~~~Ij, c i~~ ~ t~ a, if an .~eti~, itcros , r~`c~lfc~i~ c~ci`~c~`ilc~ntis. l.cndr~'°`~rn; ~stim~t~r`1h~ 1'~i~tl~tfu~`nn the ~ l~~U~~ ~l • ~ ~1 ~ • . . c ? i^. . ~ . . . ~ ' cr¢ 4~ ~ ' `C 1 a 'c~ ~ '~ea~'~m~bir ~~S~~m~tes n~t~l"~'e es~~to~'1t~~~. . ~.s~;~ r i'~~1~i~r~unci • . . ~ ~i x . y fi sits bt i~~i'~~fl~~r5i•~~~hic1~ tuc ~Iiiil`~~il~~~ gt~;i~antc~rii'~S'`:t`IC'fl~~Pi~IF~~ , b h~i~~ l~~It~+~liC~ll~ ~~i°ti~lil~?tch~n~t~~)a`t~l'~Ic~slia~i ~`p~j I~~I~i"~1~t7~iiic~~~~~'l~i~`CSCftlV1'1lC1115 I'~A"il~r .tat~ a e~c (i~clilili l.'~ii1c~'ii~l:~iie~ ts~s nia~~ nM'ct1~~~'R~`r h~ld~f~;l~lf :~°~11f'i'n th~"!~l'i~ilx;`tllk7l I~c":iC'C~~~~er~t ~iit ~11~`c~cri~~~~'ttcnt~;~filts~l~`i~de~` `.,~1 ~ . ~ ~ . ~ ~ fk ) liurro~irr i'i~"tc~l T`3~'ll~c 1'unJs'`tt~i~l~nppl+c;ihlc i~a~ ~crMits~1~~1~Y~i~S'~rk~ ~Ciclr n{rii~ifg~. A~`~h~'tg~ ass~~scd h~ I.c~f~`i1L'~'~~ ronn~~l~i'1~"iihlli•1~'~(?`~~~cn'rnt~~ i~il~1~'lliis ~I~1y Inslrunirn"C`~~j~Thc'`~r~~t~Ci~'~^~'indc~+~itidC~fi1~:~°'t~!~~i"~;i~fvice.. .hail `~~1`ts'e ~lifi~`g~ ~i~~`~i~ ~e~ ~11t~c~~trrc~'tlhi~ li~~ov~~nc1`1 ~l~~lc'r'~it;~~ ~ ~ _ ~ - - . ~ . ~ ~ ' ~iCPi~ 'ili;i` ,r ~~t"tiff3lftx paid t~n 11i~`i'fifTtl~ l~~fl~ct tiii".~ ~~itc~~li i~ii~ itr ~nr n ti~hhtc l'~~wr r r~*~ ihtC~rc~C~t~r~t?~ ~rs~ ~I 1~~reqriirtil ~t~ ~a~~ lio~~'o~~rr.•in)'''~if~f~~C~S~h`!t~ I~iiiitc. ls:cnder SFi:~ll'~h~''I~~t"it'~~rt"t~'i~1~1`~1. `a, an ~ti'~ifi'ii:~l:~~~'t~~~i~'fin~nf tl~c iii~d~` sli~~`S~'~ri~litrt°nnd JeMt~'`t~l`li~ I~ftlt~ri~l~ili~`~1~`S~?fi~ fnl~~t'h~~~t eacli'ilcb`i~`it~li~ f~ii~lc ~1;~~ i~;'~t1c. ~~~te 1~ "itritl~ an~ pltil~'ii'a~:illifrlfi~C~il sChti"Pit~~fi~r=titr stiii~s u~ht~c! hj~"~liis~.ticcurit~~ lntiti~untcn~. ` - s , ~ ~ : ~ : . I~t ~ ai~~it c~l~~ht ~undc held b~ L~i~de~;l~~~e.`the~~~ h~~i~ '~ly~rat~`~it~dt~`F~tis~~~~~bIC~"t~11 ' the due date~of~he esc~ow items, sh~ll ~xteecl"th`~ ~ ~i't~w ilems w~heo'~iie: ~he C~cesS 3tiaT~'tie, at Borroive~ t~'Cf~1f;`L~Ith'~~:'~"i~'9~l~r~~~"d"~~' I~~~i~5e~r ~rfi4iiti~l~t~'t3c3't~~it~`~`di1`~r~f'ffll?!y*~'~'ft~1t~*~~``I~d~l~f~Fi'c _ amaY~t~~Ti~t'~Iti~`F'~l's,held~ti~'l:~r~dt~'i~#~t~t°~~flicicfi`if}I~'"~~~`the'csc~aw°~fcin~~h~Ue;~13t~Ti~we~ sh~ll`j5'~~~'l~'+l;~~de~ any. . : amouiiTne'cess3°r~`'i"~5k~`"l~C1i`~°,11~fi~iency in att~o~ mbrv~iyfit~nts~~req'~~1bs='l:~hcler. ~ ~ . ~ ~ . ~1{1~i~"~~a~y`r~i~~c{i~~full'bf'~il°~CtAtis`si~~~y~thi~~Secd~7"tly~lriti~iS~t: Lc~i~e~ sfi~ll {~~'~'~i~'flq~'i~~f~d~'8'~li~wer . , any F~'i~`ds~h~ltfi~~~`l:endCr: lt'~dAr `p~C~egt`~~iii~'~'iti~~ N~ti"~I~is sbW~Y ~~~~`by`l.end~r`:`i:e~liiC~~sh~il~~p~ly; no•I~it~~ thao~fimi'fieiii~tely~?~`i1Df~t~f'rthe"s~l~"8f~'ih~`R' iy~eiir its~:ii.rt~i~isi~it~'~`by` t:en`der; a`ny f`tY'rlds~held b~~Le~`~"d~r~~i't~Yti~"'11~~`'t~f - . - a i ~ appticatio~i`a3"~`~~~dit~g~~'r~s"lt`~h~~rt~c'~1`~.~b~1hi!t~5~i'fi ~~17~ hYi . ~ t~ `~3. Applieation'~f Paj•ments: ~~lnlesstapplicabl~'~law j~~~~des~o$fh~rwise, all~i~~'mc~fils'r~~eiv~ci by~l:~`~d~r"under paragr~`~fhf~l~'ilil 2 sliall~ti~ ~~~I~ec1: 6rst; t~ I~t~~li~`'gi e~di(~ti~l~ler~'th~N~Ste; sccdiid: th°~~~~+'r~ierit cha~ge~'~1u~"~~tdi~`~ke ~ '`ote; thi~cl~t~b ~t~c~ants~p~?'~?~bl~'ir'der patagr~"~li•2; fiit~"r~h';1~"i'~'r"~~~iFc~i~i[~e, anc~last; t~i 1'~f[~e. - ~ 4, C ar es• I.lens. Ii~~~+tr sha _ _ ~ y R, ` Ili~ay~~ll~taxeti,'assessmi'~'ts;~ch~~ges; fines an~i`i~~`tiosi~i"tYfls at[~t~1115b1E±rtt~"~Nc = [ ro~'~rty~ Wht`rh°"may :atta~n- ~i"~ity='~1~r' , ~ . , µthis ~L~1"i~ly*!n~'[tiiini~~il:~`aii~i~leaseh~ililfl~~~st~tswY~~"~g~b~n"d"~~~~ts; ~f-°~'1tij. . ~ F)orrow~hall'~ay~lhese abltgaYt~t~n~lR~hC`r1~5`rYiic~`~1Ft3v("ded~fa~~5j~h 2: ~r`1~('~`~5t'~fiU'PPP ttt'~1~'ili~ii'ner~I3i~r~rou~2`~haU ~ pa} them bii~t~fie°diP~11~11'~'°th~rsoi~nti~fi'j~y~ri~~ ~13~b~~`r"sFi~ll'~ir'f1~~~tly l`d`rnish'+iZ`~'!1_'~~tf~'r'~Il-if~firc~`'~f~~'~fi~ts ~o be pa~d'~i~~`Ihi~p~~agra~ih: II~~f3l~'c?v?~~~~~it~ikc~s thest~~iay~ent~`~cli~'f1y,~IidFi-o'~~e~'ttf~ll~t~'~fj~-filfr"hish to'~1;~~"d"tr rec! ~3''~ 't ~ ~~r~bnCin `lh~° i~ients. _ ' . ~ ~II ~"~Ti'rtl`~ly~flisr~i~rge an) licn:t~+hfrh'h~s r~`~~tt over=Jhis - ~ ~ ~ wer ~h _ E3 ~ ~ , ' ~ ~ ~ ~ , SE~~"ity~lrlsl~~nt~unless°E3~ir~~`ower~(~) g g pa~in `~bb :~ti~cn xecuree~ b the.lien ~h ~°~`~i`fih~r a~~ fabl~ tc~' l.end~r`; a• iees ~n wYil 1~`Ih~' ~ g~~h~fotcerrt~i~I~l~lt~°lsen•~n; legat ~~t~r~erciings-a~h h~fii~ih~"l:tntier's opi' ~~~^(r~t~ ts h~li~n~b o~i~R~tlds~a a~nst en ~t~"Ct~ ~ lh~nfi5tc~~te~iF"af~'th~ I~en""t~~if~"i`tMt~'e-t?f~an ~ 3~1~~ff`'~h~~P~'~i pre~+ent' . 4... Y~`p ti~1'ly: or'(~ scti~tc~friirt~~ThP h~l`tlt~ C~t~'the tien~an agreeme`~i ~'tisfaCf~ry t~ l.i~rtder s~`itib°~ii`tt~iing fhr lierr~t~`tF~r"s Str~t~t~}tn3t~ii~t~~t ~1~~ [.e~'der''dete~minerth~tra'n~4~i~C~f . ' ~he Pra~'~~i~~subj~~~"io°a°titn~whi~h~miay ~`~f~ir~~~it~"i'itj~`ovhr~this-Shc~r~ly~alnslru"me"~it. l:ender~i~`ay gi~~e Bo~Fi`ow'!ir°a S_ t~tit~°1 ~ usf ~hc lietti or~.tak~ of the gv ~$~1f~tteti~lien. i3lftr~`~~r sh~l! sa } ~ ~ 4"~i~~r or n~~ire nl" the 3~ti"t~ns sct fc4i~~h'al~~e wiihih~l0~d~ys : . ~ . - , . t a7.~~dP[ns~iranee. i3ori"ower shall ~.~e(~.,1he tm{~t~c~~er~~ent~r~dw~ ~x~~tittig t?r hereai't~~~ectecf-Cih~ihe'i~~~5'~~ty insu~eKi aga~nsl'ldss by:fire: har.~~ds rnclutl`~ ~fithi~°"Fh~ te~tie "~`~ci~ci ~overage" an~tt`~~y othe~jh~~~~ii~ fbr ~t~h~2~k G~~riier requires~in~f~~"~~ce.T~'~hls i~~ti~`~nee'shall be mainfaint~tii~i~~lhe ~2~~'f~?~t~tits aridsfhr*iFi~~Es~Yi~ds'Clf~f1?'L•end~rreq~ires. The . ~ un ea.sonatil ~w~ilh ~Id~~ing'•thc insuran~~`sit~ll°be chosrn'by#I3i~fr~~N~er 5eibjc~t` to`L~ndir s4apPr~~+al'R~hi'ch'shall t~of'tie ' Y ~ w ~ I:~`~tirrshall ha~e the'~~ghl~~tt~h6ld''[he policies a(n~ terieN~ls~'~~ ~hiie~req~Yif~s, ~3Ar~'owe~ sF~tl ~ibi~~~tly gi~eag~e~~lause. - Leiti~ier ~ all rt~°pipt~`6(`~i~d'~~~tn"~~ms•and¢r~ntvl~l'n6tires. In'ifhr°even['~$f71~st, 8~trt~t~~ec`shal!'givc~'~it~l~it"~i~ticr to Ih~ i~tis'~7tartCe carrier arii~ L•ender.~ I:ertder~may rr~ake pP~f'tif losc if~t~~dt'madc pror~~ltly'b~~ t3t~~i'o~~r. , ' Unless L~rhdf~-~t~ifiB6t~ower dihtrw~ise agtee in iV~[fng insuranc~'~Fc~e~~ds'~h~ill b~'~~~li"t~iJ t~s restoratibn ~~`'rc~i~ir . ~ of th~gi'~t~}~~I~`~dar~iaged d~'th~~r~3t~rati~i~`c~r rep~iir ~s ecCSfiBrt~ic~lly fea~ible~tl'~`l:phder's seci~~ily i~'ifibt`Itsserted ~It~fhe restar~fi8~**b1r~'r~'h~ir if° not e~Cfihd~?1~~~II~r=feaslbl~'cft I:t~rcie~ s 3~cU~ity~would be les~ipd; the-insuraric"e"'p~`ts~etiis~shatl°be appliecl~t8~'the si~~ns sec~rcc'~`by-this Se~U~ityfln'~f~tn~r?t: whe~he~`~rt~t~~'tnt~ft~'due; iv~lh~~`hy~exeess~~S~~ds18~B~bt'tower.~'It ~ BcSrrow~r`~ba+#cions the°Pr*~i~Fty.°6~`'does nbt'ancwer=wilhiri~~0~d~y`s'a nhli~~'li~t~m`Lert'~d~i*~k~t~~lh~ ~nstl~rar~ce earri~r h~s tl + a'rl~tfii: llie~'l.er~d~'rit~i~ ~colleet~~lhr in#~lrane~` ~C~i~t~is: [:~fr'd~i`"if~a/'us~ ihe'~~~aceecis to repair nr°resldre hee~tb~rt ~t~~'"'t~pay'sums secut~~i~b~ ihis Se~~t`ity Insyrur~ter~it, whelH~~ ~i~~r~itit~lh~ure. ~`~`he~30=da~~periud wi((~li~gin hen ~6e ~ibtice is g~ven. . Unless L~ttder ait'i~'~~i(fP~okEf ~thercvise agre°t~"~Vi'iiing; any a~i~ili~~t~oitt`t3t~jl~c~eeci~ lp ~t'~t~l ~h~ll'liot'e~tlc~~f or . .w . post~an~'"th'tciuedatE~f'the"rt'~odthly~aymr~it~tefc~~irc~tt~`i~°p~fagr~~hs l ar~rti'2'~t"~h~i~ig~'"theam~"'~t`1h~`p~yittents.•lf - fram d~itt~~~'t~h l~ tlic~ ~t~y is ~rqui~~f`~i~"Linder,P~l38f'i't~wtr'~fi~KC~ta~dt?y'insura~c~'~t51'i~ies ancl`~'~"~~~i1~t~st~lting g~`tti"t`~'~'c~ ~t ,~i~i~"[t~'ihe ~r uisilroh shallTy ass to' ~end~~"t~th~'extem c~Mti~e'~~r'tt"~Fsec~ted b~`th~s S+~cainty ~ Inslrument imim'~4if~i'~ly~ ~i'Pi~he`~°~'~i~tlt~h. . 6. E'r~.serration a~ hiaihtenA~ce~'of~P~perty~I:easeholds. ~ i3~`~~'ower~fia~ll''~~~"destrt~y; d3rrfiage`cir sub~t~~ii~lly chan fht Pi'a' ~j t~ ~ i. ` Y~: nt~is bn ~'Ita~h~irli, g 3~iy; atlow the`°1'~ t~t~'cltt~`d~i~t~"~i~>~(fiYfi~il~Nasfe. ~f`~ki~ Securit ~In~ti'irme BdTT'b'~vrr sh~ll'~dti~l~ ~itt~~ti~~t~v~isi~n~s~fl}t~"lease, anii ~f ~E~oV?~e'r ac~`fYf~e.tt fe~i~le~-t~"tlf!`Pi'~'~"M`1y; th~"~IeaseN'~ild ~~i~d g,.R , ~ ~ ' ~ 6 fe~"1~1`t'~1i~P ~~ion ~f~`i,+end~~ s rra rees„~'1 e:M`r~'p~r~t'~t~r; i1l~tgage ~ - ° ' `~~iglit3 ~ t[nsurar(~e ~If'I3~'f~owtr" fails° tt~rpr~fc~T'i~thc '~ctven~~ts~ifid'agre~rrti~~t+.~clYiT~1ii~1'fiY"ikis~Si~'~?~it~t~~t'fbY'n~"rli;~fif~rC'~s~~~t~~?1'~ttic`t~din~`hidl'~y~signiflca~tlly afTet~'t rs n hIs i ~eb~te, dr`[ri~en F , , 4 pe `~Y` ~ . g . r .v y , ` ~ fi~1"~'~"de~tnat~~on" y f6f'ce"'laws`r~r gndthd~i~)k~h°e ~~he P'~d ~t ~ii~h as a _ 1"&'red~n ~n b~nl~'".t~ . . . , . . F ~`~~de~r's~~i~Fits re ula d ~i Lei~d~yd~°an~f fbT wh~ftvc~rjS~ntcasar ~t '~~ftel~ th~valu~CiFf'~ i~ Ti ~a~?~d"L ;n the P~p~~ry: Le~"der s~ct~dt~s may ~r~clude ~C~i~rg an~sams s~'ured"by a lien ~vhi~h has.~r~~~lty o~~er~'th~3~Se~"l~tfy ~ , ' tn'sii~i"fnfilt~~~~~it~fing infi~~p~`'~h~'Yrastinablt~at~i~i'"t~~'S+s'~fees and entcring~tiP~"Ih'~T'~~'~1~"i~~~lk~'`ft~airs~A~~t(~I'gh - Lende"~'Y~~~`take aiiY~"i~d~~` this"p~~agraph='~i:cndf~`t~oes n~'f{~v~'t~i~~. ~ ~Any~~trTt~i~~itS"8~f~`~ ts~L°~~de~' i~~`di`~`f~ii3~pafagr~"ph~7 shal~ bt~6~ne adciiiion~i!'detit~~l~~$~'t~seci~tc~i'tiy~INjs SEc'ei"~ity~li~~i~tt: U~tless ~'i~ivrt and"L"et~`der-agre`~~ 1~'~ftht~~`r~t~`df~payhten~ ~nc~~Z~amo'~~ts"~half bea~lt~t~"f'2~t`"ff~i '~h~t~d~ai ~~dpais~rb~f.rt?eilt aC~hf~otr$rate ar~d°~k~ll~fs~`~'?ayable: with`i~t~r~3t: u~scin''ne~ifre`fi~°L~~dt~~~o'B~~r'~5wtr ~ ~ ~ 800k~'tJ~AU ~~ACf ~~"34 ~7c~ . ¦ i _ .~.'y'.A•+'~^~.!~'~~~~~~*~"'~+r . _ . . - , _ . ~ . . . . . , ...W -.r I • ~ _ , -