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HomeMy WebLinkAbout0977 - ~ `~f~~~t~°Cov'~N~N"TS. Qoiirowa~ an~ ~.?e~~Z~ c~v~na t a~~d a~~follows: ~ ; ~ .p w..~ ~ ~.v . ~ ~ ~ r ry -i~uc ~ 1 N mrnt ~1'~ Pr'~i i 1~nd ~ teres~ ~'re ~"t rtnd'~I.a ~ t x, . , - te; ts ~ _ 8o~cow~ ^shnll ~a : 11 x ~ ° , ~n~. r. . ~ ~ ~ ± " nd I~t~e~'`ch~" ~ t~'~~~1~11C~I1~1~ the {~rirtcip~l f~it~d t~f~'rCst. tib'~debl ~~tdcncc:~~ . te.a~i `d 'ymer~i a g Fun~s fo~~'Axq tnd I~s~i~Ance. ~~ub~ (~I~I~ ~~N~ ~S v l.cn~~~~v~'~!h'~~~ - v to t,cnd~rt~tti~~h~'c~a~'"~o~ch~~~tt°a~~'`a~~~~a~~. ~o;~~?li rv Nai i , s'ti~ . ~'t~ = one=~w~lflh~~1~~'~). '~`I~''taxes and'ass~ssmcnis~which m~~ ~itai~? iit~.~ec1~'~t"~I~lii~"`meni~~ ~ly~ ~ p i" ' ~ , , leaseho~`ci pa~m~ ts. ~nd ~nts~thc ` P~~ty; if, any _,""~~tly~h~iz mo~t~a o 1n'~u~~;~~~'"~i'`~iUims, if ahy: Thcs~`it~'~s,`~tc ~~Il~if "esc~oi~t"iteins."'?:e~`~ `"'~~~cstimatc'i~~~~s"dur'~~~he ,`Pc ,~i4 data a~1d feaS6tt_ bIC esU~fiates o fi1t~ csr~i~w~tr~its. _ - _ . ~ : ~ k., ~ . u, , . . ' . _ 4 _ . ~ _4~ s~s a ~ ~.d ~ - ~it~ i ~~'~'lts f'~v~~ . , ~ ~~~v ~ral a T h~ F~` d s 3 h a l l~ b~'" l i~ d ~ n i n~ ~ i t~ u t l i~ d e ~ ~ Lendc~'~h~ I~a~~i i he Funds, ~ a~~ ~ fede'iems. ~ - P ~ > state a~nc~~l~din$1.l~~de~`if L~fd~`t~ such an~ in~ti p~t~o~j,.l iin i~ie ar~~i~~t'~~u"~"~fjit~?'~ t c esc~rd~`i ei mi~`iiless Lende ,ma o '~h~~gc ~oi ~~Idin a'i~'~ ~I~mg th.c ~~rtd~ a~~ ~r ~ ~ . a r. ~ p W ~ _ ~ • . . ~ ~ ~ . , Le~de~ `~'8i~irc~wti~ interesl on e F~inds and a~ IiCabl~~iaw ~t~'l.~d~~ td`'~akc ~~h a charge cr 2~~1d Lcnde~ a a ~eb, in w~tin ~ th'~t `~'n~~`'~'s1 sh'~1~ b'~` Funds ~ U~1, 1 ;~Y $4 ~ ` ~~ciat a FBo''"i~"rv~1r a e~s ah a~tecment`i~ mac~c o~ ~calil~~~aw. ~ . ~ tequ~res ~ntc~est td bo: paid lender'~hfill ribf bc ~~d b~hcb ~teresL`~i ca~8s'~1'~1~~` ds ` L~~~ ' ~ ~ ~ e. ~ , e . shall give td Bo'~w~`~`; w~th~t ~ha~ge~_an a''~I~l ~CCc~uiiti~if h~F~ds~h~'C~6fifi1 ~r~~ts ~nd°debits 1b`t~~ E~`ds ~~'d~N"t . ~ ~ 8 . . putposc for which ~ach'd;eb,i f~`"Ih~~'i1d~~v~s'~i~de.~The F~ds~~ i~d 'eci a3~ad~itional secu~t~ fc'~~'c"'~'~is s~~kiy ~ ~ thisSectl~t~instf~ent., ~ ~ ~ ; - - ~ . s..,,-,. Y., R .t~. , . . end~r, to e"f1ie~ wuh`th'~'"tYit~°n~~l ' - ~ , S~' 6 ~ , x ~ ~ ~'Ra~t~i~nts~~"~'ds'~'y'~~l`' . to i I the due`dat of` hZ t~te~s. shallex~eed the'2~'rr18'~nt r i~~Ci tc~''"`"`~'~? th~ esc~ow"itcm~ when duc; th~ ~a,,~c~~~ess sha~~c. 'a: ~i "~'~r~i Y. Po-, ¢~`r"ow~~~dited p~' B~row~f "o~i`"~nthl ~ ent~~f F~tis: If`~`he at R~ii"`ow~r s.o 'ti~~:'e~th~r I ~r~ ~i~f t~' B . : , . ~~j r , ~ , ' . . ~ amount of lhc ~ui~ds he~d b~' I.ender ~s~i"ot s~fficient to pa~the es'~~'"ow'item3 when`due,~ ~o~itiwer"shall paj~'t~ LLhider"any - amo~i~t_ne`c~ssar t~i'ake~~ e~efi~i~i~c ~~ne"~m"~~~p ~nts as rE7j'~ired b~ L~der. s y Y v. U~~i~a ment i~ f~ll ~f all ~s~im3 s~ccUr `by ih~s y., • an Funds~l" , S Y~~' ~~t~' ln'~tram~'it~ L~`1i'de;r~~shall pr~tly'~~'~fUf~`~'~~ovv~~ y b~ Lender ~ lf ~nd~~'p~cagiaph.l~ th~" Pfbpfrty issold a~iied b~i' Lcnde~ l.~nde~h'~I'~p``~ly. nb' I~ttr - , tha~ immed~ately`pii~ to tli"e sale"`~f the Pro~rty or~its;a~'z~'~i's~t~`bn b~Lendt~, an~j F~ds h~~i~ ~iy Ler~der at 1he t~~~~f " ; ap~icai'ibn as a ~"~'tiit against th~'~ms se~'~'~d by,this ~cunty ln~trument. - ..w~.. . . _ ~°3. ~AppliEation of Paynients. U'i~l~ss appli~able law p`"~bvide~""bthei~wisei all pay~ients"fctceive~ b~'l.et~dt~`inder . j . _ y para~r"aphs 1 and 2 stiall be'appl~~d:'first, t~ latc`~h'~i~`ges duc'~der the"~lc~te; 'sc~i i1; td~"t`"epayrYfent ~li~~ges`due unde~ ttie ; _ - . t'am~f~i~lts payable"~nd~r"~ara~~g' ra'~h 2; fd'i~"nh; to'inter~st d~c; ~nd last i t~~''rin~ipal due. N~~~~ ~ 4 dCharges, Liens. ' Bd`trbwer sh~il '{iay°all taxes: assessments.~~h~ges. fines: a~d fiiFi{~~iti~ns att~'b'~t~~bl~` t0'~tFie - . , ~ - PioEi~`fty which'm~y att~ih~ pri"~fity' over~thi~~ SccUrlty~ l~strQ'~ni ent. and leas~hold ~~tiayments `dr'gf~ind t~i~tsrif~any. ~ ~ ~ , _ - a hes~'bbli ~tionsin tls~t~ar~~~r~' rdvided ~in` p~r'agra~h 2,° pr yf not ~faid i~~ that ~ianri"~r~ Bo~iwm~~'all P Yrower sha _ rt . p Y ~ a a th~m"~ii t' ~'~`d ~tl~° t~' h~ rson"c~weii ` a r~st~t: BOrro~e~`'shall `~m,~,d f~t~h td L~. tl f~`fr~ish'~i~~ ~ts to b~ paid;u~d~r this pafagra~h. ~`~~wer m'~kes th~ p~`~rtt~ts d~rc~`ctly, R~awer s~hafle~~~all~~tices~f ~nder x . - ~ 8 'r~?~Y . , ~ receipts•evtd ~~r'~11"~11 p~c~iri'ptlysdi~char e'~n li~i`wh~~h'has pn~"i'ity'Fovc"~.thi~ Sc~C~t Ii1~tn'lm~rlt ~1~si~B$ri~wtrt(~ ° - Eid~o ° 8 ~ agrees in iv"r~ti'~~ t~""th~`~Saymtnt ~f ~he~bligat~~~t stc~ir~ii b~lie 1ief~ if1 a rri~'rl"tie~ ~~cE~t i~t'~' Ltt~det;(b) ~~r~tetts ~n ~`id . - y ~ { t ..F µ , , } . - , ~.y .~a . ~ ~ * , eeding3 wh`f~h~Pi~h~'~~e~dt~r's DPfi~ii'b~i°~o~r~te to : prev nt~ihe e~'nfb7`ceii~'1'~nt he Inen tirfet ~ e bf a~ty'~ `rt`'~ff~h~ P tipertq;~8r C~) seCtT~`e~' ffai~`ih~`hhldt"~'1~i`~ht`l~en an ~ # . agreement sati~f~~tc~"ry to l.~d~r~~b~di~~i~n~"lh~`lien t~ thi~t Secunty 1r~~tfrttii~r~t:~I~Lendef'''dett~~nes tbaf'"~j'~.p~t~f the'~~~Fk~t~~is subjtct t~~a"'lien wfiiLh`=may'•a~ttain~~ibrity`°~5v~~~th~s~Ste~i~ity~ir~struinent~~~Lend~°~=may givt,Bdr~"ow"~i ia ~ '~ider~tifying~'~h~`'It~n:" I3~~i'bwe`~~ sh~ll sati~fj~~tli~'li~~rl~''~'~'`t~k~"br~t'or rri'c~r"e`~f.'ihe actianr~et fd`Rh abdvt ~~fh"~~?~1`OYdays naU~~ - - - ; giving t~f ncl~tice. ~ p ~ - - . . . k.. . 4 . of the : _ ~r~~enls,noV? exis~i"ngr~f~° h~r'e~`Rti-~~ected o.n'1he~~P~bpei~y shat ~ ee i e ~ ro S. N~zard Inst~rs~nh~i~tdi ed with`i~th~'te _ g 4~, p~ ' -dtr ~ L ~ov~ra e. ar~d~~n 'oth~~ h~~'a~ds fdr ivh~~h' L~ii_ ins u~resa~nsura1e~ Tf~?seinsurar~~~ 'sh II , ittt ~~~~tE~ldtd ~ f ~ ~ ` ` au~~d in°~he a~d~ts ya~'d fd~ the ~tods that Lender r t2s. The i feq ~ ' be maint ~ insurance~came~"'~~i~v~ding~iHe ini~~ance shall bC~ehosen*by'~BB~ower.sub~tci~tc~Le~td~r s app~oJal-~vh~n~sh"~il''~fi~t''be unreasonabl w~thheld ~ ~ ~ , nsut~ic~e ` liztes and• . ~ # , . .y ! : i ; • , I ' -AII i ~ enewals §h~~l°be`~~cept~bl~ t0 L~ndtr and ~F~`$ll*i~~l~'dt'a=st~f~dard~rnd'~tga$e~tlause. ~ LendE~`sh~ll hav~k~~t~ghl`i~h'dld lh~~"~(ioli~ia and rentwals.Ali`~Erlde~=r~c~`~1tts; Be~fowEr shall ~~'6~~5i1y give't~PLender . ~ Q.- ~ 8= t~ p j ~a~~ntr an~`Ler~d~ Le d~7-rti~an m k2 W~~f~lo~.s~Cn i~~tad~ M~B~ ll~r~B~~~OV1~~fI ~v~~ r~ t. ~i~~f~~to'!he insurarice ~ ~ Y ~ P t~ _ Y - . ~~Inless Lendc~~ ai~~~b~rroW~f~th~rwis2~agfc~`i~t ~~iting~ ins~"f~i~c~m~~~t~'ds shall be applii~d t~ reg~~~~~t'~'~'~o~`~epair ~ ~ " ~bt°t~t~'b'~itorat~ail~"t~~'repai~`is-c~bti~itt~ft~Ilj~feasiblC`a~l'~Len'd~r`s sccurity is'~tot lessened.~fl'~'fhe of the P~o ~t dain ~ - restor~tibn°o~"t~ a~ragedr ~f the ~es~cally ~easiblt'd~' Lt~ti~d~i's s~t~`Pity~~i+o"~d'bt' lasenedr''tH`e ~r~ii~t'~~'~~~ ~drt~'ds shall~`be P • apPlied tA~'the'sums se~ure~"b~'`this Sec"u°r1ty~l~~t~itfe~t: wht~hf~~5i"~rbt~ther~'due; i~?%iih`~~y~eii~ess pa }(~Bd`~owtryr-~f ; Horrowe~`ati~`ii~itir~~ th~`P~b~ity;`~~~ioe3~fi~t answtt Within'~0"~days'~*f~bti~~'ffd~li~Lende~tti~i"'th~~rli~~~r~~~~r~~~has ~ h e~C~ s~'iUZ j t~ I~ifimr tk'~i~Le~idr?,~a~''~'~IIl~it"ihc'i~isurar~~~~OCeeds ; L'~~d~'t1ta~'u~se`th~;~1~~kEeds t~~~p~~'~i"~f~C~~"e p~ ~?ay'su~s"s~c~r'i~ef°b~ thi`s Sectl~r~ty Irist~eilt, Wheih~~'f'~i'°~i~i°Ihti~adue.~#Th~ 30~d~q pe~od`c~ili~tiegin hy~~~~tir~'i~1 ivein. . ~ - when t . . $ ,v _ ~ r Ut~lcss [.~i~"di~t ~nd ~iroGrcf ~~htrwise a re~ i~ v~`~ii~n an a` I~~~t~~ f"~i~red~"'t ~tr~ci` ~ . 0 . ~ . ~ ~~1 ~hh~dll~t'E~ttrt`dr~tr post~n~'iti~~itP~f~t'~"~f th~'~ii~~i~`~I~"~ayment~'' ~fE~`~red`"t~i'ii°f"p~ra~raphs 1~'d 2` ~~h~nge~ih~rti~ft~it'~f~?i`~~~'rti~r~ts: If d f~~a r~ h 19~ih'~°P~ ~t ~s ~~2d b L~~'d~r`, ~fY~owE~' hf t~ ar~y=tnst~rar~ee ~Ircies ~nd pti~t~ds~re3"~I~hig p ~ . P i~ ~ ~ ~ ~ ~ frorr~ti~iryiag~ t~"`the PfO~~t ~f~°'i~t~'ike°aF~~s~tian-~h~ll'pas~'`t7~'L~~de"~'t2~'`th~~ezte~tit"~f`~h~~'f"ms`~~d by~th~s Sec~tity InstrumeAt ii~i~l~di~tely~~~t t~F~e a2~t(u~~tt~"1t. , ~ . . ~ 6 Prese~v~ttor? ~nd'~faintenanc~ ofPrO ~t~"•i:easeholds. B~~fow d 4#' , '[""~d~C`L?t'8t3[~'°'6t""~` ~~'?it~ waste: ~f~ thi~ SeC~~t t~l'f0y, d~~gFdi subStantially ' '~han~gt'1ht`p~p~'`tyr ~Ifbw the P~p~~`C~ o ~ ersfiap" _ . ~ leasehold, InstfU~litr~t iS drf ~ * . : ~ , . , ~ac a , ~ ' `~t~w~r~h~ll+c~i~pl~~with'~h~fcrit3i~n3t~~fi~'kas~~2~1~'~f~~ow~~~~t~~UifC~`feeii'UE''t~"ih~`Pt`~"p~~`ty~th~'leafrt~bldarld s feC tt'~I~}i~ll~~`~g~'il~s Le~der~~gr'ees~t~f'tt~t~tgc~~ti v~`~"tmg. ~ . ~ ' ` ` ~7. P~te~`tidii'`~f~t:~nd~'3`~Itight~~ tMrthe ' ~'~bpe~ty,r ~fi~`t~age Wins~~i~~e. ~Z`~~'bw°t~" f3ilf~"tci~`pt~f~?i~"`t'lie ~ °covenants and°agtecrtterlis~t~5"~ft~~~ieif'i~"thi# Secti"~ity;(r~fi~`~rif~if;~i"tt~~f~is3"Ic$al ~~ece~'din~~"IFi~t"~~y s~~niflcaritly ~fftCt " `.L`e`i~d~'s~'~ghts'~in~~tie`p~'p~~[y~f~h°~ ~"~t~c2eding"i~6anl~t~y,~~rob~te; f~r~~~d°e~~t~'t1'~~ ~`~r~t~['~e'~iaws ~sr _ . . ^ r f~r wh~te~"r~~nrFess~~t~f'tt~~e~C~N~ . : ~ _ . , s . ~ ~ . t. , It~~h'~~~~l2tty a~d°L'ei~~d~'s`'~ii~lits ~ ~rt~;s tn-~~ L~wa~~ ~ a~~~na~ '~Ti i ~n" I'p~1Y.~L•tndc~~ s~~t~~'n~ ~ts~yf~~~fd~ p~lt°~~ aiiy'~'~i~~tts `t~ttd~ lit~i`-wh~th'has~~'i4t~`ct~er this Sec~Tihi[y ~ ' In~h~e~t,~~ppe~~ng'~ ~ii~'ft~pa~Yng reasoiiable~atf~~~~!'~fEes a~d'e~nt~`~~'~bi'~Ih°~'~i~f~S~~IC~t`~iake`repa~n:~iA~th"~"Ugh ''Ltndc~~ iti`ay~f~kt ~~'t'rb"~u~'dt°~tifiS~'p'~t~g~3~fh~i, ~rnd~'~cfc~ if(~[ N'~V~'~"t~i~i"~o. . ~ ~An antb~`~Ct`disb'~rsed tiy~Lendef_u~1dl~'tiit~*~~"t~~i`~ fi'-7 ~ti~~l`be~~i~C ad~ition~T~ebt ~f'~8~'i`~'bwt~sec~lred`b~ihfs . ~y sed " ~ _ ~ - ~ Setrl~ity tnst~nr'~t.~~less ao~~bwe°r andf~er~'de'r°agree t~~t~ht~`~i~t`s'~f'~~i~~`r~~~ ~I~ees~ ~mdt~~~s;~h~i~ bear i~tc~ ~e~t~~'~ °-'the`'date df ~"disb'i~itsemtnt at the fildte~rate and shaU be•p~~6ie; wYtk!°~~:;'~i'~'r? n~ii~e°ft~ti~l:~~s~Et"~ts ~~r re~ue~~ing`~~tiAt. : - ~ ' - , '80~K~~~~ .(`AGE ~~~l~ ~ - . .s , . . . 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