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<br /> .�StL�i.,.x�a..F�w:.n[+.I..JR{d..0 n�i.i.n..a�.l.t. ".w,ls-.s-dF..v.uw/rac�,r..r+w. . .
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<br /> !. �pmant af Printipxl,inlsra!wnd Lntc Cherga Aonower xhnll pay whcn duc�he pdnelpal ot.�nd imcrcst on,
<br />- the ckbt oeldeoccd Ly�Iw T7oto pnd Iete cL�rEes duo unLer�fia Note. --------.. .
<br /> 2� Monthiy prymenls ot7iixa,lnsnrnnca nnd Othee Chugs, �onowcr shnil Inciuda In eceh mnmhly paymen6 -- -
<br /> �ogahsr wi�h�ho pdncipal end Intercs�as set fonh in tl�e Notc and on Into clmrges,an Ins�allment ot nny(n)mxcs and �rr-
<br /> specinl nssessmems Icvicd or to be tevled ngninsi�ho Propehy.(b)IeaseXold paymtms or ground reau on�ho Propeny,rnd �?ti`.;-;____._ .
<br /> (c)prtmiums for insurnnce rcquired by Pzngmph M1. �u��`�
<br /> Cnch momhiy Ins�alim¢nt for itams (n),(b) nnd(c) shall equal onc-twdf�h of tlw annual amounls, ns rznsonably � �� ,,,
<br /> esqmnttd Uy t.cnACr, lus an amonnt su(Itdcnl to m�intnin an addf�lonai bilancc ot not mora Ihnn onc•sixlh o(tho � !�;
<br /> esiimn�ed nmoums. T�w fult annual amounl for onch Item shall t:accumulated by l.ender wf�hin n pedod ending one � r �i {�Ft 3
<br /> month beforo en i�om would bewmo Jelinquent. l.endcr shnll hold�hc amounu collccted in ws��o pay Items(N.(b)nnd i J�,,y r;,_.`
<br /> (e)ixfaro�hey lsuome dciinquent. �
<br /> 1f nl nny tlmo�60�otal of�ho p�ymcros held by Lcndcr for itcros(x).@)and(c),togcthcr wiUe�tie fumra¢ootiily r,_r'� � ;r '
<br /> paymeNS for xnch Items payablo to 4enJer pdot�o the dce dates o(such Items,exeecds by rtwn Nau onr-sixch iAe .xyJ1;`�� '� ._.
<br /> estimaled amoum of payments rcqnircd ro pey such ixmv wheu de.,azM If payments on the No�e ue aimne,dvvi E.eed�c 1 # ,
<br /> shail tlther rctund tl�o excess over one•stxth ottCz esCvr�ate�d pa�ttxars acr,dil Ihe excess over oa:-sude ot th^estimatxF -�-._ ,,_
<br /> pa7rmr.nu to subsequem paymrn�s by Axrovrcr.at tF.a optinn nf tEonvxee If�hc mial of�he paymcr.ts ma�3:Ly 8oao�her . ;{i,u.�v}T�-�
<br /> fer itarce(a),(b),or(c)is InsufCster.t to pay tCe item�rtnn Jne,then Ucrmwer shall pay�o I.ender nny arr.ount recrss3.ry to �_,�;,�;,r�,,;;_,,-;-
<br /> maiee up t2:e c@ficier.cy on or before t�e da:e the item beco�nas dire• ��; -
<br /> As used in this Scruritp lnstmnr.n�.'S:ttatary"means th.Secrctary af flousing and Utban D�:vctopRr.nt or his or her „ - , { " .:
<br /> desi�e. In any yaar In which the 4cr.d:r miwp.ay a motigxge insurafrce ptemfum ro Ihe Sttrctary,each monthlyp�ymenl {` vli � �y(�x ,
<br /> ' 6I13I1 0150 IMI6^S.W CIIIICC (I)M I0518IIt1:Mrt Of the annunl mongage insorance premfum to bo paid by Lender �o �he �? -:•.��_' ,�4�
<br /> Secrctary.a(iU a momhly ch;ugo Ins�en�1 oS a mang�ge inaurence Fm.mium if this Secud� Insw�rr.nt is hetd b the ?>���% •+J'
<br /> Sertclx*y. Pach monthiy instollment of ihe mungnge insnrance prcmi:un sha11 be in an amount su(fici:m to accumulalc ihe `�:,k � �Yx�' `
<br /> !uU annual mongagc insuranm prcmium with Lend:r cc�e +:irnl0 prix�.iho datc Ihe full anm�ai murtgage iasuran[e i� -�{�Y�r}+r�.______� �
<br /> prtmium is due to tlx Secremry;or if thls Secud�y Ins�r.nirnt ic Lrld b}'��Sare�ary,each momhiy charge sh:dt b_in en l�.��,���
<br />' aaiwmtcquxltoone4welf�hofonahalfpercer.tof�heou•_•r,andingprinc�palbalancedueoniheNma � „-
<br />- If Oonoucr rcuders to Lender�he full paymem of al:sumc securec by ihis Secumy Ins�mmen4 Dortowert r..coum ��r�c�t�_X;;,_:
<br />' shal�6e ered�ir.7.vi�h�he balanco remaining for ell im�n'.1r.iemx far ierms(a),(b)and(c)end nnp m.�ngage insuraice �t.�.� �{; ;-_
<br />- prcmium insta!Imem fha�Lender has not become obligamd tn pay in ihr Saercinry,mid Lender st�tl smmp�ly rcfund nn� S t u�� :.:
<br />= excess funJs to Borroaer. Immedinteiy pdor to n foreclrou�e snle uf�he Propeny or i�s ncqutsi�ion by l.erder,f7orrower '�,'�`� �,,�s r '�---
<br /> - accoum shall be crcdl�ed witS u�y ba�ance remain6ig for all inswllmenu for items(a).(b)and(c). -�� r`R,ef§
<br /> 3��._A��pIicatlon of Puyn:enu. All paymcnls under P.�ragrephs I nnd 2 shall be applted by Lender os(ollows: - }�+{�ss�q?
<br /> ����t�'"�;to�}c mongagc insurance pmmimn to be paiA b��4enc'�r io ihc Secrctary or m thc momhly chuge by�ho �_;�S{{�a
<br /> �Scercla •in.iead of�he moNhiy morigaFe Insurance prcmium; -�+;_11 c`��1�` � �.;
<br /> ,m ony iucs,s�clal acvessmams,Icaschold payrc3nu orground rcms,,ndlrc,Ilaod and olhcr hazard f1 �„ `�_����w�_-
<br />- insu2nwprcmiums,narc;mred; }�!�;�'f �"°""
<br /> ��I�J7,IO1NCrCSldueunderillCi'ioic; - �
<br /> _ ���,to atnortimlion of the princtpal nf�hc Notr; ��Jj��`f �f+ u -
<br /> p7�)j.lo lale chargcs due undcr ihe Noie. �f{i�J.f� L��Z -
<br /> 4. Nire,Flood and Olher Itaznrd iusurence. 6oROn�cr shall insnrc all improvemems on ihe{'ro{rny,whe�her now � x :t{e!y -
<br /> In exlstenee or subsc�uendy erated,again�i any 6azards,casoaVies,naJ coniin encles,Includin fire,for which Lender ?��`e'ft i Z��� �
<br /> rcqufrcs Insurance. 71iis Insurance shall be maimalned In the nmoums and for�hc periadz�hat Lender rc�ryGes. Rorrower `�t':� ��wJ'�����
<br /> shall also Insure all improvem.nts on�he ProFen a�he�h:r nmv in exisience or subsequen�ly erccted,ngninsl loss by Iloods �-����'•�•t':_--�_--
<br /> Y� :. '1-:t:rr^.�ry� .
<br />-� ro�he exteni rcyuUed by�he Secrctary. All msurnnce srail Se r.vried wi�h companles npproved by Lender. 'ILe(nsurunee :�:rE,;:Z":� -
<br /> - policles and eny renewals shall be I�e1A by Lender und �hall include loss payab!e clouses in fnvor oL nnd in a (omi '=��rzi„��f+��`.';'�
<br /> _ aaep�able lo,Lendcr. -""-� ` '� '
<br /> - In�hc evem of loss,6ortowcr shall giee Lendc�immcdiate nu�ice by mail. Lendcr may m:izc prmf ot loss f(not - 5; s H�t� L-
<br /> - made prompdy by Dorcower. Eacl�Imurnr.cr companp ro�xemed Is hercby owhorized and dirteted�o make pq�mem for - �!tf` f R� _
<br /> - sueh loss dircc�ly to Lender,ins�ead of to 13on�wer ar.d co Lender jatmly. All or any pan of�he fnwr,�nn prcee.dc may be ;r �.1 T:.i�._ _�_
<br />--' applled by Lender,m its op�ion,ef�her(a)io�he reJuclwn of ihe indebtedness under�he No�e unJ ihis Securiq•Ins:mmem, „;j��,y t ,�-
<br /> rrst�n nny dciln<�ucm amoums applied in�hc o�dcr in P.�ngraph 1,and thcn to prcpaymcm of principll,or(b� �o�hc (�;�� �f�� y„L, •
<br /> rcstorallon or repa r of�he damaged pro�xny-. Any applicntion uf the praecds io�he principal shall not ex�end or pos�pone ;.>�r ���
<br /> - t0c due datc of ihc momhly paymcmx wh�ch arc rcferred�n in R+�atr.+pS?,or thangc ihe amoum of.uch paymrn�s. Any `s»�,.?t��},�� '
<br /> - exccu insurancc proceeds over nn nmount «quircd to p;q nIi mrts�an,ting indebteJness nndcr�he Ro�c and this Securitv �'r�,;-,�, �,�� -•;
<br /> -~ InsuumeNShallhe paldw�hrcmi�y IcgallyrntiliCdthcrctn. •.r3.?,�.;E.;=��•y,_.-::�.
<br />_'�� In i}x evem of(oredosurc of�his Securi�y Insmnttn:o�other v:msfer of iiile�o�he Ropeny�ha�exiinguixhrs t6e .y ,�L 5q
<br />-= imietmdnecs.nll righL ii�lr nnd imeres�af Uortower in nr.d a incunnce policies in force�hail pass�o�he purchaser. ;,;_t�,1 r r.���
<br /> S. Occapnncy, Preserrniian, �talniennnce mid Prolecllon of Ihe Praperly: 6orrowcls Loan Appllrnllun; i �, j,�iit
<br /> Lencehold�. Dorrmrer shall acupy,e.�.�hish,nnd use�he Pro�wnq ac 6orton�ert pnncipal rexidence within six�y days - : �e
<br /> - atter the execnlion o(Ihis Security In+uumrnt anA 5ha11 cominue to occupy ihe Propeny ac Ilurtuu�crt principal rcsidence a�, r �
<br /> = for ai Icas�onc ycar alter�he da�c of occup:�r.ry,unlec.ihc Sccrc�ary dcienninca�hi.rcquiremcm�eill causc unGuc hardship ; °y�i�Flr;�;;.,er�:l
<br /> for povower, or unias ex�cr.oaiing circunisiances rti.: which urc I+cyonA Ilurtnwerl comrol. 6ortower xhall notify ji.4;t;.yr.:...-
<br /> Lenders of any exlenuating rircums�ance< Dorto�ver xh:dl r.nl cnmmil wm�e ur Jn�roy,damage or subsiantially change �` (�
<br />_- �he Propeny ar allow the Propeny to deterior:fr,rca�rnr.�blc��ear anJ Icar.zcepteJ. LenJer ma��inspec��he Ropeny if�he �e��-.,{:u. - .
<br />�- 1'topeny is��ar.:m m ab�ndoncJ ur ihe I.:m i.in Jcfuuh. Lcndcr mn} tal.e r.awnable actiun�o protca m:d presen•e sech �"�t•';;ii<i:-"�� . .
<br /> = vacant or abacdoncd Propcny. Uortmccr.hill idvi M in Jcfaui� i(Ilnno�arr.Juring �hc In:m :r,�p:i:a�ion procc.s.6ave �t:;_y:p��}�_;'
<br /> = materially false or inxcun�e infonnation or ci:n.mem. to LcnJer (nr faileJ ia prnride La:drr niih any materi:J t"»�yf',�;ti�-.- "
<br /> infomia�ioN in connttlion �.iih the loan eeidenced b. �hr No:e.induJing,hut nollimiteJ lo.reprc+enlavinn,cnr.cm:ing (,>.. .' ::r. . "
<br /> - IIorrowcrkaeeupancy ohFc E'mFctly ac a +rincipal n.iJrncr. If�hi+Scruril)�In.tmnunt ic on a Ir.uehold.Gonm�rr shall �i � - -
<br /> eomply ai�h�F.<provis�ons oi�FA Ica.c. 1�Borroxcr acynire•fcc ti�l.Io Ihc It���nq.Ihc Ica�chold anJ frc Iilic shall nni +�}..�...,;., .
<br /> = bc mergcd ur.'e«1.enJer ngrces to�6c n�.rrcr�io�r�iling. -���'°� ' _ �
<br />- ' 6. Charges lo Uorro�rer and Prnieclinn uf I.endrr'.s fGghts In tF.e 1'roprrq. 8ouuxc�.i all p:re all Focemmen!al ' .
<br /> bJ n:n:uniapal i�hergcs,fincs and im�xrsflinm ihat arc no�indudcd in 1'ar:,t�aph?. Ilorroxc�.haq p.n ihesc oh)iga�inm on
<br />�•" �kn:e dircaly to Ihe emiry� which is o+ceJ �he pa)n:c�A. 7f failure In p.�y aoulJ aJ��encic af(ecl Lem'a•r: in:treti� in Ihr
<br />'�.� Rcperty,upun Lcndcr4 rrq�:..:�nrta�rcr.hall prnm;tiy (m::i.h�n LcnJc�tcatiph c�idtm'fng ihc�c p:q�mcn7�.
<br /> � I(6ormwer L�ils Iu n:akc Ihcse pa)�mcm. nr it.�a�mems r.qcited by Y.u:+}r.irL 2.or L�il>lo �rfnrrn a;:� mtrt
<br /> mrenanlx m.d mgrcement.ecmaineJ in�hi�S�ruriie Ir.>uunznL ur Ihew•i.�Ic}�1 pnreeJfng�h:n may��ignifican:} :�7(ecl
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<br /> = LcndcrS ng.•.a m Ihc Yrupcny cauci�n�a pnsccuing i:.i:n��iuj:iaj.�,f.�.[v':.-.�F.aG:a a:::::.-.::-._, .......... .:�J.........-.. �
<br />. a thcn LcnCcr r..q�do uid�hi;49alrvcr n n��cncvy m r::�c.�iF.c e:dnr oi thc R'n�r:� :mJ Lrndcr i righh in ihe Prtq:.•n}.
<br /> :� irr.luding paymenl o(la�es.I�.rzid iumianrranJ olte:i[::r.mcntiur.cd in Ruagraf.`.'.
<br /> My amoums disburxcd Y� l.r�dcr an�4r ihi>1���::�:a;a.hail I+ccumc an aJJi:n;vd dcb7 uf Ilmn�xcr and tc uicc.: r
<br />..-.� by�his St<umy Inswmcm. '.hc-_-�rums a1a�11 tc�':-:�c�1 Gum�hc daic of di.buncmcni.a� �h. ti�ttc race.n:d a�:::; I
<br /> 'i opia�u(i.crdcr.shall Ue immcd:... :::::.r,.'.payab:c.
<br /> �.7 T. i:ondemnnlion. 9hc pnx�cc�,r-rY:nra�d nr cl:um for Jam..gn.Jh..i or romryu.r.c:at.m a,nnaa�n�A��h a:. �
<br />�:'� eo:�demnalron or odur luking uf any pan o(ihc Propcn��.or far cnm�c��anc.in pia.r of.naJrmn-m.m.arc Mrch.s..igr.c� �'
<br /> and s6sll bc paiJ lo LcnJcr lo�hc cxlenl uf Ihc full amounl of�hc inJcl,ICJnc..lh:n rewain.nnpaid i:r,Jcr ihc hmc anJ�hi.
<br />-__.� Searity Insuwnent. LenJer�hall appl��wch prtaetd.�u�he reduc�ion af�he indebieJne.unJer ihe M1oic:mJ�hi.Securit�� i
<br /> Inswmcm,fi�u io any delinyucm :unoums applied in Ihe urdcr ptoriJeJ in N�ra�r:q+h t. :mJ ihcn In prcpa��mcm of
<br />--+r principal. Any applicaliun uf Ihc pnrccJi�o ihc principal ahall na1 cx�cnd ur ry�.ryx+nc Ihc duc Ja1c o( �hc momhl).
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