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HomeMy WebLinkAbout0994 Y . ~ . ~ ~ p Y ~ ~ . SbjllhisSeCiitity inst~u' ent: l~n 8sst ~ s~w~t And l.ende ag e~ to t~'Cher t~ii~'°o AI~ menl~ihese am0u~ sf ~~i~ll~bea~ nler~sit~~~i~~~he date al ` disburseme~l atih~"N~tb r~i~ ~i 8"§tiall b~ payabla, W1ih''~`'it~te~t,~upo~1~``~?~ttc6'1~'bt"~i'lende~to`86P~oity$~"~eqtieSif~~~~V~he~t. , . ~"~t~tl~ice as A`cdndiiion'~t~iaKi~"~ttie loan sQ~ured b~'~Fiis Secu~~[~In§l~`tTi'n8`~~;`~~'~Y`bw~~h~ip ` Ii LendeTr~qoirgti~rYd"1t~~ge fn . .L « ~nce't~'etfe~i~[if°s~Y~fi"liiiti~'as th~ i~q~iitetine~~~~~he ~n"siitanca t~~rmin~tes in , pay lha premvt~~~fiYbwe~s an~d l,nt~~~_is w_ 1~t~"~~~ner~ll~i_~'~'°piicAble i~~,. ~ acco~dance Q~der ~it 8. In~pectlo~. Lend~rbr it~~a~je~1 ma'~tak~`r~aswj~bte'e1~tY~~s~~07fitiispecCt"bns 6I~~h~ F~~~~ly.~~ena~~n`~i"~rv~~alr~we~ notice at~ih'~'ltiin~ ~i'2~Y~pTt~r'"f~ ~~i~inspection specityi~i~~eas0"n~tsi~"~~`Us~'f0~`lhe~i~specuon ~ nAl~on.§~~~h`~"~`~ceeds~df a~y award b~~'~I~ifip i~~r damages; d~rect°~br ~8nsequenlial, in ~$1~"'rieciitin"~~~`Ifiy e. Condem condemn~tl~i~'~`o~li~P`t`~ki~t ~t ~`~~l paft~~`F~i'b~i~ty; d~""f'~`C~'iiVe`y~itice~i`II~~t~diidemnatlt~ri,'ar~ hAreb'y assigned a~t'd `shall be paic~ 15"le~d~r. ~n~ even~ ot a fot~ i~a~i~~ ~M~;~ ~~~~~~i~;"ti~rbce~as snan be a~~irea «me sums s~~rea b~~~i~ , . . ° ~ fs . , _ . - ~ . ~ , - Y ~ . . ~`S~~u~it~in~t~Shi ~~t, . M ~ e ~ ~i taktn~'~~ ~ or`t~~?~ ~Q`e;<witn ariq ~xcoss a~~~to B~ I~ th~~8ve~t , f~~ti } P ~ wnether or ~ ` . = l , , , t , ~ir~it ii~~liF~finent sha~l be"red ~ ~~~~.~~I~as'B~tiw~~ and I . . tn~ amo'~~t t~1~~li~ce~ds . Lende~ bih~i~i§~ a~fe~ in ~'ti1i~~"`~~~ S~h~ secC~l'ed ~"fh `s Sec . mulUplie~ b~t~l~'i~ruin~°~~A~t~`n~(`~ th"'~`~I ambU~if b`I"~i'~ seCUfBd . 6di~tely be(or~`th''~`ta-fC1~g;~t~t~t~d~8~b'~1"(i~'11i~`'I~ii~ marke! ve~ue (~~'Ch~`F~~~i"itii~P~~'di~tet~beiti~~`th~ taKf~tg~An~`balancb ~~ia~tb~`~1~"t~8~''bwer. ~ . - ~ s ' settle4a cl~tiFi'"to'"'~i~tn gesaBd~ b~~ta~~i8~~~ ~t"~'~`L~d~'~v~;i~`~ aft~~'Ch~ ~f~~h~'"~ti' ~m~n~i~nf~'i''~" dt'~i'~It~ iFi~t~z,etf _ to cotlect`An~i`~I~'th`~~~dS;'~['~tS bpttCir~; ei~h'~'I~i`te~l~i~tii5'~`b°~ rAp~t~`$~h''~~~~t~'"t~"t~ th~ ~~Fi~ s~~'~8"~'~R`T~ SeC~ity ~ Instrume~t; V~?h~fheY~'.t~i~~i ~i"'~~e. Unless}L`endAr a~i~~av~i~l`b'th`~wise~"~ee ih iN'nfti~tj; 8ii"~i 8~i~l~~~t~i'~eAds~i~n~~~~~~'~i~~xce~a~~~~~~~~e the due date ot~i~~i'~iiil~'~j~~ n~g~~~t~~red~t`6'tn p~ra~~~hs ~1 and`7~~~i~~~Th~ a~5b~ii`~ts?br p n~ay~r?~n~s ~ ~t amoniBzatiBn ~'~~1~ s~`i`~~~~ Sec~{i~ iS n~a~$"~t`+''t,~t~i6"~'l:8'~i~~'t~ ~?~'~'~ess~r~~t~~e~rC~t ~~riw~ snalt~at operatetto'release,the~li8tiil~t~t'the~'btiginals6$'~`awer"ot~~7~'~t'Ower'~ sUf~~~s~~~"?~i~i~it~rest:~le~d8~`§ti~ll"~~t~be~`teqU~red~t~_ commen~e'~~"~~e8di~i~sa'~'~irn5tan~Ys"~C'~i~ess~~t~b~r~~flfs~f~exten''t~~t~h"~i~"~yme~~'`f51h6rvGis~'i1`i`(itli1~`~'i~ltz~ti~f~f - cne sums s~ct~r~~c~ bjT"t~ii~ Se~YI"~iC~l~i~i'~'~l~~fb~y~'ea5bi~'~t'~'`~d8'~~i`~1~'d~`"b'~ th°~"~t~~i~f~~bwe~~v~i~r'95~ces§ors in ~ nterest ~b~1'~''i~ie~t~nc6 b'~'l~"~d~tfils~X~~`~1's"fi~j ~n'~lit`~'f•rerti0d~l~tiAll~b~8'a w8iV~5f ~'~if~`LI1Td~ th~ eSte~ZisA"~f'~lr'~i~r remedy. ; . . . -.4 _ _ 11. $u~,cessors~and~Aaslgne B~~nd;"J61r~~~a~~ Several'Ll~btllty; Co=Slqn~fs.~fh~'`~~v~n~"+iit~=~i`i~t)"#~'P`~~menls bt tF~i3'S~~u"`~iry instrumerit`'~h~~l'tii~'~"~i~tl b~nefit t~e s~~ces~~s a~1d~~ssi~ns'~f L"~n~1~r ~it`f~B~wAt; s~bj~~i'~"`~~`bvisibn'~`~i'~'~~t'~17: i . . . Borrowe'~`~4eiia~Is~`~'d`8gree~n~ntS~li~~Y~b~~jbi?~ta~idseV~~al~"/~n`y~B~"owe~who`~~-`Sign~ff~isS~`~~it~litsfi`~I'fYi~~iC~Oesii`~t . execute lh~~~~tA:g(~~iS~~C~§i~ning thi§ Sec~itj~~l~is[~G"irt~~t'~it~"t~~~i1~i7SYtg'~je';"~`f~`i~1~8nd~(in've'~"th~l~~'~bw~r'sfi?~t~~e~t'i~1'~i~ - . _ . p Y Yk ~~j°t . ' nrst~umen ~~tt~'(L) A~~"e°~ tii~i Le d~~~r~d'8`ii ,~th~~YY '~t~8i~s~nallj?"~bli~C~~'t~"'"`pa~ th~ 9ums sec~~ed' b~'1hts~Sb~ ry i ~r`'; ~f~`bw~`i"`~ha~y~~Y"e~t~'i~extend;~~'dify~f~tie~fbP`inake'~n'~'a~~t~t?1`fi'~~'d~~t~ns ~ w~th rega~d`t~'it~'t~7ms'`~f"'~hi~'Secu~it~hln§ltG~~'i r~i 'c~i~"th`~Nbt~ w~1~it5`~#fi8t~9~'f'bvt?~?'s~`C~nsAfll. ~ sSecl~`it~`fn"st~~it~t~`st~ts~e`'~`t~'~'IauvvVh"i~hsets'"~Ylaxirfi~"~i"1~3"a71"~h~l'ges ~'fll'~`~li~t 12. Loa'~n"~G~h~fges: ff Che'loa`~i'~~c~~~f b~ti~i ~ ~aw is tin811~~1t~Y~`~~F~~1 ~~h~ ~h'~'~tltefe~C~th~t'fda~tti~r~es'~It~~~teti~t$b~ ~oll~~teillTi"~15~i"nACii~~Si? wiit~ifi~ lis~~i exceet! Che permitted+lf~is~fhen`(a)-any ~F~'~iS~A'~h~i~g8~~hall be'~"~d~~d b~ithe arritiui~t ne~ess~~ji~~'r~~~`ce~tFi~"`~fi~'g~"fb'~lii~`"pe~fi'itt8d i~m~t; an''~~~ij`~`ri~ suiri~s ~i~~idy~`~'olle~te`~`tto~"8~~owe~ wht~-exce~ded th~`p~°1~i~fiit~d1fmits~llti~'~~t~`d~"~t~8b'~7ower ~L'~~d~r _ may chtio~~~l~~ke this"retund ti~iTf~d~i~~n J'~'tti8°`~f`~~i"p~fl bwed u~ti~'w'`fh'~: N~te 01`"by~rrtiaki~ a`di~~~t''~3ay~enl'-t0~~~i'oWe~: ~t a - • _ . ! retund red(~'Ces`~°~i~i'Cip81; ih~1~~~ti~~l w~ll b~ti~e~ted as.~'.p~`rli~l`~#'~payf"n~~tit witFib"~it°~n'y.'~r~`payrr~~t~~i~~ge"(t~de`iFCh~ fVote. ~ , . ~ . ~ , . . ~ _ . ~ ~ Flaws'ha~~h'~'~tte~t ~f'~~tid8~iiig Aiiy"provisio'n - t3.¢l tslation Afte~tln Lte~i~er""'~~RI ts. tt~~nacttrl'e`rit`~~'~x 'ti~tf~~`r~i fi~~ble'_ ~°ma~~r8~it'~"ti'1~ri~~di~at~`p~/iri8'~t : ~ ~ . ~ . _ , _ _ - ~ r nf tulel o a11 s"~U~is s~C~ ~~~bf~ h~ SeZ~t'~ ~ nst~ir~8~t~nd fi~~~k~~r~y t~h~tlies pb~fi~tt~`d b n'~~fi~`t~h~'-'~fi L'~de"~ exe~`cises~ . ~ y - this o~tii~n,terider Shall ta~'th"e'§t~ps spe~itied i~`'th~'s~~~`p~`t~~f~ph'~~t~`p~~fi~h`~t7. - > 1~ 14.= N0~ ~i 1~trt~7lnstll~f~rie~t~F~~`Ib~9lver°i b~i deliv~`fi~1~'Ci'~b~'1in8ili~~b~tt~§t- ( * ~ ° '~P~`bperty-A~d~ess~t ~n~tFi~r class rY~~11'~Ir~less pplic~bf~ a~ qu1r~ s~sedd ~'~i~th~!"tf~~th . addressBd~'ow~~"`design~teSb~'"t~tiC'~t~L`end~r:'Anq~ritt~~'t~L~°fttf~r`shallb~~ivenby`tir~~ ass'ma~I~t~L'`~'~d~r`saddres3st~ted ' herein"br~an~i°btFiA~ address l~nder design~te§ bjT~lt~~ tt~ B~~fow~r: An~i~l6iiCe ~~oi~ld~~fb'~'i~`itii~SeC~iiiy Instr~ititerit'"stisil~b~ ~ deemed``tti hav~been`~tven t~'~B~i'i`ornf~f d7~L~5^de~ ~l'hAr`'given a's'~'~fiWded!~f~"ftiis"'p~r~~jt8~h. ~ 15. t3ovemin~Law;Severablllty.ThtsS~~t~il~s~t~~n~~t~li~iTb'~'~ov6~`r~1~'~b~"tedet~TlawBiiii`ih~law~fi`~he'jG~i~`tl~~ft~n°inwhi~h _ the Pr`opeity~ is lc)CBted. ln lh~'everi~tli~t'~'ny'~`i`ovisions ~18use"~1 tNis S~~~it~'InstTllfinerit~`"tFi'e'`~fe"Cbnfli~ts v~iltfi"a`ppltc~ble " iaw, such-COntti~t'~halF"~At atle~t'~the~'{5'~ovistons'~t`thi~`'Se~~~1ly~nst~f~f~ne~t ~~°~Che~l~t~ which'~~t~be.~giden~eltect v~i~flt~'~C`the ` coriil~i~ting=pioVLst~r:`-Tb~:this`end.th~:~'1tcs~tlsl~~"~~s S~c~'~`itYl2s~u~te~ antf th`~"N~te:~re ~e~l~~e`~i'iti_b~'severahtP ~ 16. 8o~~owere"C~1py:88~`"o~tiA~ sh~lfb~`given di~8'con(~r~~'d'C6py'bf th~°N~tB"~~'fi`1~1'thi~`S~C~P~itq~InstruhienL - „ - 17. ~Y'~b~nsl~f:~f ~~i~"P~p~rly'~1`"8'BenellCta) lnlere~t'Ir~` B~"fr'bW~f:~ltT~tl'bt any.'p~~f~(#~h`~'f~grt~r'ar~y~interesl in`1t i~'~~It~ Or ~..-s transie~~~d`(~i"it 3 t~~'n~ft~ial int~`esf'i~''~t3'~~owei is sotd'd~ifa`riste~red andl38'i~t`bw~r i~~~~ot ~r~~i~r~~t~er~'a'~~ w~~r~~~r~~~ae~~~~~~ w~~ttert"COnsent, L~nder may, ~it'its optPlYn; require imm~'di'~t8'payment in'ful('~i all Sums sel~i'~d l~~'"`this S~~'iiq'.I~i~tt~iMent. • Howev~r;`this•2~tion"~N~Il~ffft5t~'b~ ~x~i~i5~d by Lender"'if ~x8r~ise' is pic~FiiBiti~d'by~fed~tal Iav~IPas"~bi'~is~'d8te"~~f~'Ihis`'S~~ty tnstrurrient. ; _ It Lender'exercises this o~t~n;°Lender shall ~iV'~~~T'towe~=t"i3tiE~f'~~Cel~~Btion. 7h"e' rti~ti~~'3hall'~~d~`8'~~~~~1~!'7fi' I~'Cl~ss Inst ument iC~~bwe7`t~il~ to pa~`i the3`~ ~.t~m~"~3Ti~'~'"iF~'ele~tpir8tior~'~i~~Fi~~bw Le if~r'~ria 'a~vbk~ er m~di~SihiS~S ~~~ty ~i~~ityd', ~r y i~ Y this SeCUrit~'`~5~~[i'~ii'~te~tit inritti~t'ib7~hi~~"~Cl~ce'~'d~m~nd'6i~`Btl'~7oiN~~. ` ~ o'tr"ow~r shall haV~ih'~Tgli'~~ha~v~ ~nfofCemertt~dt~is B S cur`~ ~~ii$'wC~~1l~t'~~isrit~~l~4Cled~t'~~'ti~nA ~~"tttS~`t~li~8r~l e ~f arb'`d ~y's(d1~~~H'~t ~7'ii~i8'SBp~sflcablelaw'm8'~'speCitj~i6r ' , ~f~tie~~~t~pr,rsuant to a~~bwer`~f=s81~ ~~'nt8tit8d~i~ tht~ S~L~t~"It~3t~YneM.1ar=~~~eI~C~~Ue remstatemer?t)'be16rA se ` ~ w . . . . 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Y_ f . . ~ _ . - . r , . _ . , . . , ..r a > ~ ~ 9 ~ pay9 L~nder all svttis whiCii~h`~t1 ud mentenfOrc~n ihf§Secun fhstr~'ni er11.~'twseCb~t~iQ~'f?sar~ih d~`1"d~e~•C any€-detault~bf ~'h~"-`dth~'~"~"~v~t1a~lts_~r under this S~CC~`tily~rln~t~t1`h1~r~lt a~d°th~`~IJ~te had no'~~~el~f8tf~r~'°'`~`cCt~~red: (b)*~f~PeB a reemAr~ts; (C~) pay~ 811 e~Cpen9eS i~iC't~~~'~i`fifi gl~idr~'th ~ lil§ SeC`UritjfTft$l~meni;"t~t'~I~tl1'~li~t 11"~~f~it~2i fb~tes§°b~'~`eb(e ett~r~eys' ~ 9 ~ ~tnent Lend~YY~` d h ~Ci~tit ~ tees; an~ ~`d~"'t~kes su~h`actibh a~L~i°?"d9?''~~q'i`~a~s~nebf~`re~0ir~ tb`ess`~r~ th haI1;L~b~lf~ie"17i~:hAit~ ed ~~t~~~ the ~~"~i~Tt~ arid `~~`~`dwer s obligati6~~'~~'IFte s~m~ sea$red b~'f~1~ Se~t~rit~`'fn~l"~d~n~~t ~ A:~i7~F? , ,:ti_ r : . . , , y~ ~ b" I" ~'1~1°'f~lf ~etib`~'iive as`-if rio i remstatemer~l~b"~"~~`Ow~f,°this Sec~it~ Ir~~~~i'nent 9~c~ the o`i`ilt~8~t($~9 seC~`t~d~fisreby shal rem y ~ accet~r~Cror~°h~d`dCeuui"r~tf°However,-thi9 YigFtifl~`reinslete shall nbt~apply"ti~TFie'CasB Of ~cce~e°~~tf~n unde`~8f~~~A'~h'~`~3°br=17'= , ` ~ ~ ~ ~aoK~J~~~ °pa~E g~ <Pp~'~6~4 ' F1O111DA•fk~yliFr~Yy-iNM/u~lilMC UNIiORY INlTRUYdfT ' G~'~i.S002S~i~1 `Form~bt0 t2/S3 ~i -