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<br /> . : ���t�y �� jf: - r `o t..t:�l� � -rAJ �:<. .. �,G� 1� 1_; r .. —_
<br /> - �.�_:...�.,'..:�.�+�..�1t1�NM7R1�Yi�ir�`a':�v.v.s�((.+u..�Scla w»w. +u.w.nwc�w�s+,.. _ ____.._ .. ... _.
<br /> �.l_,. - 92�.��ss�:�.
<br /> }. yy>�mcat of A�tnc�p�1�JMCrtu aMl t elo Cherga Rmrower sLnll pey�vhcn d�w rtw princlpxi of,a«!inhrcst ai,
<br /> ° thedfGtevidtnot�bythoAao:r,�2a�achnrgesd�iounderttroNao.
<br /> 2, MonlNty pNmn+�s ot'lMx�s,ln�:irance Aed Oli�rr Chnr�rs. Dorroa•cr s6e11 include In ex6 nwmhly p�ymene.
<br /> �p�thu wl�h tlw pdr�ci(�1 nnd imcrosi ns sct fanh in the Nao md any lata chnrgos,en Instnllnxm of any(�)tua anJ
<br /> qrocid asscssmen[s icvlcd or to lw]eviui ngnin:i the Pro�ny,(b)IaseLolJ pnyments or gramd rcms on�he Aropeny,anci
<br /> (o)prcmiums for in:uranu rc�ntrut Uy Pnmgreph M1•
<br /> P.�c6 monthl Insufimom tor ltcros(n>,N)and(c) shell eqn�l one•nvol(th of t}w annuxt amamts,as rc,xsaubty
<br /> --- _
<br />----� csllmnttd by I.tn cG p!ns an amount sntficicm to mahunln nn nddillonnl bpinnca ot not moro ihan onmsixih o t _,�„_,:.
<br /> ' esitmnW�moun�s. 7ta full annnel�mount for ench item shall Uo nceumutnted by i.cnder within n pori«I ending one =—_ °
<br /> moNh boforo r.n hom would Ixcome ddinquent. I.endeT shall hnld rho amonnts eollaud In trust to pay items(n),@)+nd _
<br /> -- (c)b:forotlroybscomoddtnqucnt. " --__,_-
<br /> If at any ttme ttn vxal of tho paymrn�s held ty Cendr.e foe[u:ms(aJ.(h)�(�>.�3��vri�h Jx:tuwr�monthly
<br /> payments for sMC in:o'a�YaLlo to f endper prior co ib�dme dnm of sirR Ur.roe.axc�oe4s 4y mnre�i5an anr.�sixth the �". _,r._,
<br /> _= Sh�x�<i�r�fvrri�'exce�a�fei o�nta�il�of�ho es m*Ad�a y���u?nts Qrtcml t tfia excess o•rer onr.re�svrh af4loe sq ated �a'� ._--_----.
<br /> ' payasets to s+�(�',r✓{�uut paynxms by Bonrower,et tkv c&tian ot Iffurrou�•ar. lf�Iw taal of ttae payn:e�s m:R.k Cy Dorrower ��,,,�_=__.
<br />. — €ur[os¢(a),(ry),cr(e)ts[nsutficienl to p�y tho hem wCen A:e,�:eu C3ortower sh�li pay to I.e�adee any am.aune necessary to � -
<br /> mahe vp chr,d:£xiency on c�r ixforo tik d3ic�Iw i�cm Oxoc>us d�s�. �r ,�,_q.,� ,,. �-.
<br /> -- As as.s!i.rt this Saudt lnstniment."Secnlar�+'m:ans tRe&xn:�ary ot itousing and U�Wn Elevetcpmx•ne or his or her l
<br /> sr!
<br /> d��n ea. [a any ycar in wh ch tho I.tadet must pay a m.act3a3a inv_rnce prcminm to�he Sccrctuy,ea:h ricn[.tly p�ynxm j ... .
<br /> - d��t a!sn earlude etther. (i)m insullnxnt of �he anr.waF rc�tBage insumnce prcmlum to ts pa!d by f.ender to tlM , � - -:
<br /> — Sr.rct:vy.ut OU a monih�y chuge instead of a matga,qe insurom,e premlum If this Security Instmment is txld by�hc 4i,}, 'a,t ,,.,::
<br /> — Seactar5. Ench montGly instullment o(�he mortgags insur..rr.ro y�emium sM1�ll bc In an amonnt suf£'xiem to accumul�te�ho ; f �',,-°_�
<br />�� '� .-.�'... �
<br /> tetl annunt moMgage insurance prexnium wUh Le%cr rne month p;ior lo Ax dete Iho full annuil motlg�ge insurance ,. .—
<br />;_� prrmtum is Juo to�iw Secretary;or it this Saurit9 lnunimen�is held by�be Secrc�uy,ench momhly charge shall G:in an , i _. �
<br /> J aimwnt cqual�o ono-t�ve[kh of one-half percem of ih:ouutar.ding principal balance due on Q�e Notc. ��q _� .r__ _
<br /> �� If Ih..�owtr terders to Lendcr tLe full paymeni of all sums mvzd by Ihtc Sr:ari�y Instnement.Oottower4 accoum __
<br /> .-� � shall 6e etc�m:.!with tha baianee rcmiEning tor all insiallmems far iu:rns(a),(�)aixl(c)a��f any mongage insuranee Tl�+�ry�z�ji _
<br /> - prcnuune wv>rlt:szm th��Lender hns nm bccomo o6ligatcd�o p�y w die Seerc�ery,and 4c�r.?Y sh91 promptiy rcfnnd any , ,�y�f��, _ _
<br /> - -`! exttas fien^s•�o DvroY�ec. iromediatcly prior ro a foreclosu2 sele o1�iw Pro�rp•er lis o«�ui.orivn by Lender.Rorrowcrh ;��.,1, �_ .
<br /> �e ncecums`nllksemAiudwi�hanybalanceremainingfornillnsialimentsforitems(�o.(b)and(c).
<br /> �- 3. ApP���bn of Pnymenis. All paymcma unJzr Paregraphs I and 2 sLail bc npplicd by 4ender as fol lows: ��t.fa� '
<br /> �.� �$�T,roitwmohguCCinsumnapremiumtobesaidbyLenderio�heSecrciaryono�hemomhlychargeby�6e �Yn� }�,_-�
<br /> Sec7un InsteadoFthomonthlymongageinsura�ceprcmium;
<br /> ;;.`� ,��,j��,w any�aacs�special auessmcnts,Icuehnid paymcros or groun d rcms,m d f irc.I l o o d an d o t h e r h a z a r d iY�;,{s _._
<br /> .=- Insurancopremiums,asrcquircd; '
<br /> - romuresiduvu��ic�.he�:�c: i��� � �-- -
<br /> '�; ��� ,to arnoniiatton of thc princtpal of�hr��ic�;r; ��`trh3� n :�
<br /> : �{,tola�echargesducundcnheNuta ti l�i�,Jr��r ���--_-
<br /> 'r 4. Fire,FloodandOlherHarardlnsw•nnee. Dono�vershallinsurealltmprovemcnuone.el'ropeny,whctlierno�r ,{�.,� �X=
<br /> � r;� in exisienco or subsequenUy erected,r.z.+�:c any hv.nrds,casualties,nnd rnmingendes,inc[ud�ng fire,for which Lender J � p�f �
<br />..?;;};; rcquircs insurance. 77ib insurance shait te malm:dned In the mm�urts nnd for�he dods tha7 Lmckr rc utrcs. Qottower -(��'� i- '����.
<br /> � sAall also insure all improvcments on�he Pr.�ny,��.`ti�hvr nmv in raistence or sub cs quently emcrcd,against loss by Iloods rs ���`�'�x ,:z�;�A
<br />._,i5;9 to tlw exlent required by�he Secrctary. All nsurauce shall he carried whh companles approved by Lender. 'I7x insurance „x�`��`��F�_ -_.:
<br /> '�,'� policles and any renewats shall be held by 4ender mid shall Include loss payable clausea In favor oL usd 'en a form �� ;�YY: __
<br /> -_si! eccepa6lew,Lender.
<br /> ia ln�he evenl ot loss, 6orrower shall give Lendcr Immcdime aadcc by mail. Lcndcr tnay make proof o(loss If no� 4 x 4 ��
<br /> �,�7 madc prcmp:ly by Oorrowcr. Ench tnsuranco company conmmtd i�hcreby amhod�sd and direcvrd lo makc paymcnt for �?„ �>>9Xxv� -
<br /> '%� such lus.v�7ireetly ro I.cnder.Imtcad of to 6orcower nnd�o Lendcrpindy. All or any pan of lhe insurnnce proceeds m�y bc U��sf�� r_.
<br /> �,'.�� applied b}'3.tnder,et I�s op�lon,cither(a)to d�e rcdu:vion of thc indcb�edncss under ihc No�e and�his Securi�y lnsuumcN, b +-F � __
<br /> fiut to nn delinqucnt amoums ¢pplied In du order ia }limgraph i,and�hen �o preQaymem of principal,or(b)�o�he �S�T Sk��n:^
<br /> �� resturaiwA or iepalr ot�he damaged propeny. Any a��,-�!+ca�ion of�he proceeds m�he prmcipal shall not extend or posipone �` �;;y_ �•ss� r..
<br /> the dut dntz of Ihe momhly paymems oh;eli nrc rcfarred�o In Pne:.e+eph 2,or cl�ange�he mrr.+nc of such paymenis. Ars� '��f��fa1}-r�r .
<br /> ,�1 exeess Inaumnce procecds over mi amuunt requlreJ�o pny.11 out.aanding inAeMrdness imdzr thz Note and this Securi�y )r!SyL[ �i�ysp����,_
<br /> _:.;� Inslrumcntshaillxpnfdlo�hecmllylegallycNnlyd[hc�cln. 2 J�(j�5�-'k+�.*^.�
<br /> � << � �
<br /> ._ ;� In ths evenl of 4u:cclusurc of�his Securi�y lostrumen�or other unnsfer of iitic m the 1'roperty�hat exlinguishes lhe ry � � ;�
<br /> - indebtedmys,nll rIF66���1e and interes�of Dova���.c in.nd�o insur�ncepo Iicies in feme shall pass to the purchaser. �' �y � _
<br /> az`�! 5. Loccuponcy, Reservatlon, Malntennner rmJ Protcction of Oie Proper�y; I3orroe�er's Loan Appllcation; a 3 ; _
<br /> - LeaselK[�s. IIurro�rer shnll acupy.es�ablish,nnd u.0 �he Propeny as Oorto�eert principal rcsidence wi�hin six�y days U�+ +_n? r ��.
<br /> -�� after thr execntion of this Security Inswment ond shall continuc�o occupy ihe Propeny n+Ilottou�cr§prineipal re+fdrnce {� � '--n"� ;'
<br /> for nl lu�s�ene year eftv�he da:e of acupaney,unleca�he Secrc�ary detemilnes this rcquvement�vill cause undue hardship w y � v„'
<br /> -'? (or 6orrowcr.or unk>c eztcnuating circunisiar.is c.ais� �rhich nre Ix)rond RoROw�crt comrol. Dorroarr slull notify �{��y. � (a, ,�-:
<br /> ,'-;� Lenders of any ex�enuaiing circunu�ances. Rorto«�er shall no�commit wasir or Acs�roy,Jamage or sub;ianci:diy chan�e fe �,��_���,��;t `
<br /> -.i Ihe Ropeny or nllow Ihe Prcpeny lu detrriomte,rensmiable u�ear and tcar excep�rd. Lender ma�inspect�he Pmpeny if t�e ; � -
<br /> - Propeny�.�ac�u or nhmdoned or t��Iear.Ic iu drfault. Lender may tnkr rea.nnahe.mlirr,m pmiecl nnJ prcsen•e suth �i i4S��aF�;'4A� ;:
<br /> - ' vacant.r e!�ar.doncd Prop:ny. Uore.�wer sAall nlw be in default i(Uorco���cr,Juring thr Inan applicaiion process.gnve ?l�tl fR�,_{ta,,.-_:�
<br /> -j? materiall� falsc or inr.xofate in(ormaiion or xta�cmrnt. W Lcnder (or faikd tn pruvii:c l.endcr wi�6 �ny matenel ,{ � �E t ;.
<br /> -=•4i InformatinN im m�neaion xiih�he loan evidencrd M�he Yote,including,hw nni timiicJ in.represrNa»nns conceming g}h���� '� { '_�
<br />_-x q Dotiow.r i acupux)of tYa Propeny at a Princi;.d r:.ii'.rnce. 1(this Securily lnnmmeN is nn a IeaieholJ.Rnrmu�er shall ' � ' ��- -
<br /> romply���iih�}.�prorisions o(thc Ica�c. If Oono•.�cr acquirc�fcc�iilc m�hc I'rop.n��.ihr IcasrhnlJ m:d fcc ii�le shall no� ���!4�>.;';,�,r �:-_
<br /> -�itiS 6e merv.:!unitcs LcnLcr ngrces l01hc metgcr in xnnng. 3 t�� - �" '�x.:'
<br /> ts G. f.harges to Oortox'cr nml Prnit•tion ot l.enderk Rayht+:n Ihe Properly. Uortr+cr.hnl]{t�)ull Fme�mr.r-r�l "t��a '�j ' -
<br /> .-7H�� or muni:ip.�:rtugc+.Gnes and itn�•.icnn.,ih:n are nm ir.duted i_!'.ttagr.�ph:. Borro���c�xh.Ji piy dicu nhligmirn. or,
<br /> ti,;�nl:.•�.
<br /> limc dinni} te IFc ei7iiy whirh is oued�ht p.r.=eri. If failun�r pay���oulJ adrersely affen Lcndrrk interes�in �h: :����+r({'c;(� _
<br /> --7t� Propeny.uFeo Ler.<4:-•:qceu I3vno«rr ahall y�.m;d��fumi�h to Lender rcceip,�evidencing these pa)�mrats. .i i�� •'�f -
<br /> .{,-`a I(6ertm�'cr foil> io m:+kc �heae fu�mem> rr ihe pa��mcma requircJ by� Pa;agraph 2.or failc lo perfnim an��olhcr � ; :;.,iK ..
<br />:-h�::;,,,rY " ' -:. -',
<br /> covenams und agreemm�s cemaina!ir.tfi�SecuNy 6nuumem.or iherc it a I.Fa!q�eeding lhaf may s�gnificanll}•a((ect - J '. �7'=' ;
<br /> .__ ..�.......... L.........1rm�.......n, �� (n(q�I�w'�nr R culalin110. i_±��'
<br /> Lcndcr's nQ.n�s in mc rmpcny i,.��i_�.,.�F,....�iog�r.`.:.......�...�..... ,_._....._ .. - -• .
<br /> t� �hcn l.cnd:r may do nnd pay aha�c�c:i,rcesup�m pwtec�ihc�aluc of ihc Yropcn� :mi:L�rd�ri righn in the Prop.ny. ..
<br /> �''rii. including p.ryment of�ucs.hvard imuraxc:+=!��ber ilems menuuned in Patagra�.`.2. '' �-. .
<br /> ^j,,[r� My mnoums d�+buned by Lender unJ.r c.`;P.va�.raph.hall l+ecum:an adeii:anal debt o(Uortoxrr and�.c.ured ����"�.
<br /> -•' s by�his Seeurily Insernmem. These amoums shaP,t�ar mtert�l fro�n Ihe da�e of c:s'.unemem.a1 Ihe�nle ra!r,anJ al the i��� .
<br /> ,.�:;x, option of Lender.shali tc immediatcl��duc and payablc. . _
<br /> i. Condemnation. 7he proceeJs of any aa�ard m claim(or da:nage�.dvecl or conceyvenlial,in connectien��i�h an.
<br />�<1?.��.� corA:rcJ!atioc�ot o�h^�taking of xny au�n(Ihc Yro�ity.or f.v or,rcyanct in pixc uf cnnd:mnalion.arc hcmb)�a.�igr.cd
<br /> and shail b:(vid to L:�dcr to thc<itcm o(Ihc full amoum of Ihe ind.Mcd�s��ha�rcmam�unpaiJ undrr Ihe M1ote anJ Ihi� -
<br /> ` Security 7mtn�m:nt_ Lcod^r�h�if a�ply wch pnxeed.lo Ihe mduaiun of 1Fi.��rdeb�rJne..under�hr hute and Ihis Srcurily �.
<br />�_�,�ti.ti2i� Inswrncne. �r.c �u �ny G='I�n{u•rr.l amounla applicJ in Ihc ordcr provideJ in Nvagraph i. ���� �hcn Io ��R f�}'i11C01 O( �, :
<br /> ,_�� principal. Any zEy[✓a��on of tt�e p�ocecds lo Ihe principal shall no1 exlenJ or M��Ipone Ihe due dale o(I��e mnn�hl�.
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