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<br /> 2. T�ynstnt of Prindywi,inlemt�nd Gwle CAnr�. Horcower stinll pay when duc�tw pdneipal ot,and Inlereet on,
<br /> ' �heckMCV[Aencadby�hcNo:eamttaiecharge:dueunskriheriae. ,______ _
<br />= ;t. Monlhly pwymcnts ot7Yxts,fnsurones and Olher Ch�r�e�. Bonnwer shnll indudo in cnch momhly paymcnt, �
<br /> tognhu wiih tiw princip�l nnd(n�ercs�as sn fonh In the Nae and any in�o charges,nn im�nllmom of any ta)tazes and =,,,
<br /> � specl�I asussmcros levied or w bo Ievied ag�inst tha Ropeny,N1�euNmld payments or ground rcnts on the P�o{rcny,a�d �r,}
<br /> (c)pnemlums toNnsuranco rcquired by Parognpb A. 6k}.x'Rt,a'B`�`—_�-..
<br /> }iach mont6ly inst�liment for lums p),(b)and(c)sh�ll ap�al one•twelftb of the+nnu�l nmoums, ns rcnson�bly
<br /> ° cs�imntcd 6y I.cnder, plus an amoum sufflcient to malnloin nn nddhionnl 6alance of not morc thnn onasix�h ot�ho ,f :,
<br /> estimeled emounls. 7tw full annual amamt for exh i�em shell bo ncemmiloial Ly I.enJer wOLin n p:dal endiny one F�, r �ty'�� ,�v--
<br /> moNh bcfnro en hcm woutd bccome delinqurnt Lendcr shnll hold t6o amoums collated in trusl lo pny ilems(a).(b)aid �, 1 „;.i�, v« �
<br /> - -� (c)br.tarolheybxomedelinqucnt. , } i� °
<br /> 'j (t at nny tfmo �ho mtal of�hc paymcros hclJ 6 I.cndcr Por itcmc(a).@)und(c),�ogcihcr wI16�ho fuWte momtdy ��� t _'r�;=,� n"
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<br /> �; �ynxNS for such itcros payabic ro I.cnder prlor m tho duc datcs of such t�ems,cxcceds by moad than o+r.-six�.4 4hc �f� >t ,>��F � ._
<br /> u�imated amonm of paymems rcquirc4 to pay such Items wlren dno,ud if pz mems on�he Note arc eurrera.tFen l.er.der £ +< <. _� �.t t =
<br /> Qsi sha11 d�hcr retur.d iho cxccss ovcr orsaslx¢te c£t�`.�estimated paynxnts o:c�t t�eaczss over e:a-sixch a3 tM cr.im::cs8 .,.4 _ ..
<br /> paymenis lo subseqcr•at Qayment%by$vrtower,at tCc cp:k�ct of IIwrower. If u`�::ctat c[ttc Faym�ees xvY:by Berrox�er �_ .- -��` '._..
<br /> .;Y`��,y for Item(a).(b).ar(e)is insuf£ucient io pay tY�imm wtr_n d:e,tt:ert Bcrrov+et u*ail pay eo Leee.'er a�y ame»::nt n:cess�ry w ?ti i 1 a�z�, '
<br /> so- ve� meko up�ko dcFirYUxy w�ce befae ti:e d�te rhe item Gccorxs d��e. � ��
<br /> �.?;� As iur,�(n r'ara SecnritY lnstn�ment,'Sarziary"mcans�M Secreiuy eFtr,xising nnd Urban De�r�o,�eent w his ev M1^r s�� r`.+a ,�
<br /> ��?� desigrtee. ia zny}�ear In whicR tiw Lena:r must pay a mertgage insur.�r.ce p;��ium m�he Sarctary,e•r.a1 monthly pa)mm �i a,.-���if.Y'ov«i;.'
<br /> � ,�� s[�tt .ilso i�cled: either. (i)an instaltment of�he annuxl mortgngx ixsursnce prcminm lo be pahl by I.cnd.r aa ihe µ - -_�, cr,.r.rsr����--�
<br /> 9urc�ary,w(i9 n monthly cbarge ins�ead of a moaga�e inmrance prcmium if�his Seeud�y ins�mmem is Sr34 by i�e r ` 't7n}'. �r„�,:
<br /> f - Secroiary. L'aoh mauhly instx!RmeN of the mongege Insmm�:e pttmium shall be in an amownt snfOdem m e:cvuinlnr.aY.2 Jy�,i '�a �=
<br /> ' full annunl mxtgyze Intueuxx prcmium x'e.S I.endcr unc month pd��� �o tM1e da�e thc full ar.m�v?�:ngs^r e.^.suc:aa: �"'O1 ir' . _ .
<br /> .y,�� prcmium is duc ro c:he Secrc��y:or if ihis Sco..+iri Instrument is held Lq�?�e Secrcl.vy,each momhiq ch�rge s�a)1 M in an .� ��`rkb _
<br /> -; r�� emountequal�owx•twel(Ihofone•hai( ccemofdieoinetandln rinci dWlancedneont6eNot.. r9 �Sn;:,`'-_.
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<br /> If Dorrower tenders to Lccdtr�he PoII p3yment of a{E mms securcd by this Srcurity Instrumem. Bortoweri account ;iv��t£�w;w;,.-•
<br /> shall bo ctedit.d wi�h tlie L•alan:e rcmaining for all invatl�nents Por Items(a). (b) anQ(c)and any mortgage inwronce Y�y1't��;��t��rt�,
<br /> premium ins�ellment tha�Ler.der has no�6ecome obliga�ed to pay m�he Secrc�ary,and l.ender shall promp�iy refmid any ������
<br /> �� excess funds to 6ortower. Immediately pdor to n forcdosure sale ot tlie Ropehy or i�s acqulsition by Lender,Qorcowert ��tW �Ji �� --
<br /> � accounl shall beercditrd wI�L any baianee remalning for all inslal�menis for itcros W).(b)and(c). �'� - �:t zx
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<br /> ��-'� 3. Applioatlon of Pwyntenls. AII paymcros undcr Par�graphs I nnd 2 shall bc applied by Lendcr as ol ows: ,� �- .;,�,. �'��
<br /> �:,,i{k� T[B$T.�a�he mortgege insunnce prcmium to b�:paid 6y Lender io die Secrclary or to the momhly chargo by�he t �,-�3 _-
<br /> ; -.-� Sce�n:�lar�ins�cadofllicmonthlymongageinsuroncepremmm; ' �'�"w Ezi++�'_
<br /> b >ii� ;412C{p,to nny lucs,spcclal azsessmems,IeaseLolA paymems or ground rems,nnd fife.(looJ and mher hazan3 f, Y% '
<br /> b�� � l3�t;'i�;. "ar.' _.
<br /> qF,�� nsumnce preminms,as requlrcd; � � _ _
<br /> . T171z?.w-a:�:tstd�ei:r.c�.:fl1.L:`!'JlC: s_r— n n
<br /> =r���: [Q I�1RTy,io nn;oni'u�ticn of thc principal oi�he Notc: �r`rnvt ;}sY�t
<br /> t i�l. J�j��.�ola[esr.ar�udacundcrlheNotc. }�� �'``��`�
<br />�.-3�`�t�cf��� 4. Firs,Tfo«I anC Q�thcr 47azard Insurance. Dortower s6all insure all improvcmems on�he Propeny,whciher now F�.+f��f�%,. �N =
<br />�`�!A�%[S�} in exisleneC o!SubRtquen:I emcrzJ,agalnsl an ha�ards,casuaities,nnd eontin encies,includin firc,for which Lender �' 3 �.,-�,��,-
<br /> �;.`�� s Y g g tff ft'�t..%�7,?;,���^,
<br /> �r.� rcruirts Insurar.ce. 7'h1s inxur.�acc s6a11 bc maimainM in thc mnouNs and for ihc periuds�hat Lcndcr rcqulres. Dotto�vcr t�
<br /> shell also Insureall im.provemems on�he Property,whert�:r now in ezistence or subsequumty emcted,agalnst loss by(loods p, ��. �i �;��.
<br /> ;--� lo Ilw exlem r�tuired by ihe Secretary. All insur.lna shall be canied with comp:m�es approved by Lender. 'fhe insunnce , �t s }��,� �
<br /> t�`sx{` policles nnd any renewaiF shall be held by Lender nnd shall includo loss payab:c clauses in favor oL and in n fomi ��,.+�`?a;a�„t x
<br />. V��'�`-f. acceptablelo,Lender. s.,� �irtau� t__ -'
<br /> �?•`-� In the event of loss, portowcr shall give Lend.r iiamcdiatc no�ice by mail. Lender mny makc proof of lucc il not ,�1;• � -:
<br /> - ;g.� F •r nt€r�i:.�.
<br />, ;,,;.�;� mado promPtly by Oorcower. Cnch(nsumnce company concemtd is hercby amhorized and dfrccted w make paymem for , ;, s; .
<br /> �t-�' � suc6 loss dircc�ly to Lender,ins�ead of�0 6orcower anA m LenJer Jofndy. All or.ny pan of the insur;mee proceeds may 6e 7�i�r�����F
<br /> - 'af•`{ ep lied b Lender,nl hs o �lon,e(iher(N�o�he redvciion of�he indeb�edness under�he Now and ihis Securiiy Insvument, ��4� -"
<br /> �f-�� fint to any dclinyucm an,oums npplicd in �he ordcr in Paragraph 3,xnd�hcn to pmQayment of piacipal,or(b) lo�he �� "y�F.�++ _:
<br /> � '--� n.sloretlon or rcpatr of thc damagcd pmpchy. Any appliraiton of�hc procccds�o thc pnncipal shaSl out extcnd or pos�ponc i7tr�� �i; t, „
<br /> ��; Nti due date otihe momhl�pnynxms whicli arc rofened�o in Pam m h 2.or change ihe amr.nn:oT such paymen�s. Any � 1�i• j
<br /> ��1._, ercezss Insumnce pracedx ovu an art:ouni required tn �uy all ou�csianJing mJebicdr,ra�undu fhe Nme and this Security f$ ;y�y�1�#�a�i�r+
<br /> ��r,�_ lrommiem vhall M paid to Uie emity Icgally eNi�lcd�hcrc�n. i��`Yf�#�`r „ "
<br /> )_.� In tlu evcm of forcclosure of�his Stcurity Instrumem or mher�ranzfer o(iitle io the Proye:ty� thz�ex�inguishu�he ,, t�4 --
<br /> l�s'� indtbtednecc,a':(righ6 ti�le nnd imeres�o!itnrro��rr in anA io insurancr pnlicies in force shall pass�u ihr purchaser. r �y%�t �iCl �'`<i ;-
<br /> ��.� 5. Occupancy, Preservntlan, Mninlennnoe and Protectlon of Ihe Properly; Qorro�rer's Loan Applicalion; ,. L 1- ,y� � .
<br /> >r Weosthuldv. Borrower shnll cecupy,esmblish, and�ue �hr flopny as Oorto�verk principal rcsidence wi�hin six�Y days :t�'i ri+>,t '
<br /> ,.w�, nf�er�Tr.exeee�ion of this Security Insuumrm nnd shall coa�inue m a:cupy�he Propeny az Qorta�verh princip�l rcs�Jrnce � . .� �..-��
<br /> -_ 1.i?4; fnr a�I�a��one year afler�he d,te of acupnncy.unirss�he Secrc�an d.�emiine.this reymrcmem will cause unAue hxrdchip � -�: ��� , �_
<br /> !or portuwrr, or unless ex�enuatin circuni.eir.cec rxixi uhlch riu hey�nnd Uortower's comrol i3ortower xhall notify �-'+ + �c :.
<br /> ���° Lenden o!r.ny ulenualing cfrcumiances. Donouer shali r.ol con:mit ��asle or deslroy,J:una�r.�:.ebslanliallq change 4 5�> -;� �"}2r�Y.
<br /> e--�� the Pfo}eny m al!ow�he Propeny w detedorare,rra.nnahle«rar nnd�aar exccp�cd. Ler.Ca m�y�.->puuhc Proyerry ihhc yyf,�}� `} ��ti:
<br /> :_;;�T,' �opcny is verem�v aLu��Jor.eJ ur Ihc luan i. fn JefaclL Lcr.d:t m.�c IaAc rcasor.�`�!:.s��:nn tn pmt.a�nd prcrerve such ��- � r�,:,,:. .
<br /> = i,r. : rn:anl Or eb..". L :� ;
<br /> ; r� d�ncd Prngc�c�. Dorro�ccr shall alco be in�i:fauh if 6ortmcce during �hc loan applieaiion Fc<•..��s,ga�•c �s;>, ..;�kli:�.��>,:.,.�>
<br /> �- ma�eriall�� faL<e in im.etvr.i.: informalion or �Ialru:en[. In l.tt.c:cr lor failtd m prm�ide I.ender wi11i nn) ma:mal 7��?:j.�/ ; .
<br /> _{1��� intnrmnlinr, in znrt.ttlion ui�L Ihc loan.eidrnccd M iL•r\n�t.ir.::nJFOF.bul nd limilyd lo.rcprcscr.ta7:on�rnnc.minp. � - _ •
<br /> - ,:� Itorrower's a.a.,^ar<y o(Ihe Rnperly a.a Fr.r.cipai tt±idrne II lni.S;:mrv 6n�mmem n on a Ir:o-eSn?d,t3onnwer sh_i)1
<br /> . _ " ecmply wilh i`r procisions of Ihe Iease. II I3ortumer:�cywcea frr iifir�n iE.Propem•,ihc leaarho:d arA(te fi�le�ha'.1 nrn .
<br /> �'�!S°;� t.mcrgcJ un!rss Lcnder agrccs W�he mergcr in�rrnie�. -
<br /> �.';S 6. Charqes to Borro�rer and Proleclion af l.endzr+Nigh�x in Ihe Pro�xr1?. 12orrm�er.hall pay all g:�..::-cnta:
<br /> �`,-i:.�'�. .�r municipal rhargcc.fincx anJ impi+itin:�s�hat arc nnl ir..I.dcJ in Patagrafdi?. F!.r.rvcr.�,�n��.�mr.�or:.;.�:�„r.�,�
<br /> �
<br /> �"'_�G' Iime dirccllr Ir,the entity �chich i.oxr�'. i4 �a)mr.n. If G+ilurr 1n pa• �.�n:l,l ad.rcelr a(fec: l.ec�!crti in;.rn� in Ihe .
<br /> V, Ihopeny.u�'r.Lender i rcyuni Bortc.�r'; :::prumpll��fumi.h�n L�•i:r:rcet��;+r�ider.ung i-:.•'.nnem..
<br /> - I( 6oncu�r faih tu maAc Ihc.e p+.:-:al.or thc pn��mcnn reyuu:d A. }7a�F�a;`. :.o::.i�� t. perfomi any mhcr .
<br /> 'ti;�.';��Se <ovenanis and agreemcnn enntained m thn Sccimq�ImwinenL or ihere r a Iega.rr,t'rcC:ag�}ai ma��+ignifieanlly affcel . _- . -
<br /> � �
<br /> .t�� L.h-min�nr.-c Lrt a'nnlem^�•.r^ •�la P�I��RCC I]\C\O!fRC11IJ11U0]L �. . .
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<br />'.;.y, {�- ttan Lcnd:r�my do anJ pa} uhalercr i.ne..ti+ap���.proia�rt:e��Ice of�hc Vr.qYr; aaJ Lender:ngh�>in ihe 1'nqeny.
<br /> im.ludinR paYrtr.nt of lucti.hvarJ imur,ncc anJ othcr�tcm.mrn�n.rsd m Nrtagraph_.
<br /> - Any xmounts disbuncJ 6y�LcnCcr undcr thi�Parag�aph.hall Fcaomc an aJJmm�:d Jcbt of Borto��cr anJ Ix u.ureJ
<br /> i;.,_`' by this S^cur.lp Inswnxnl. 'Ihex amam�..hall hcar micresl frtnn ihe Jale o(Ji4.unemen6 al ihe Nme rate.and�i Ihe �
<br /> eFtiun ef Lcndrr,shall be immcJinlcl.Jcc anA sa+�ble .
<br /> r � T. tondcmnnllun. Thc pnxc<C,af aay a•+a:d�c claim for Jamagc..Jircct or run.n�urntial,m cmmc.u��n wi�li an�� {
<br /> '� :� cr.nG.mn.x:icx�or olhcr laking uf any paR��!ctr Pa,(cn)',ar 4ir aom< ancc in plau•u(conJcmnation.dre hc�rl+c a«igncd � .
<br />.`'-r..;�';!: a:A sh:It�'r,c�aid ro Lcndcr to ihc cxccnr a(thc fnll mnoum of�hc inA.��trJnr..�hai rcmaim unpaiJ unJcr�h.Nme:mJ ihi. ,
<br /> �r:':k`'.%7{ Sccunry Irt�vument. LcnJcr tihall apply,��ch prunYJ.w ihc mJuc�inn of ihc indcLinlnc.+unJcr�hc�uic and�hi.Sccurilc �
<br /> �..��;��i� Inslrumcm, fim �o any dclinyucN amoum� applinf in ihr urdcr pro�-iJ.J m {nragnph i. and Ihcn In prcp:q'mcm uf •
<br />-;-tit�:' principal. An)' aPPlication uf �he prm�cedc lu �hc principal .hall not .ucnJ nr�x�.l�xnic Oir duc Jaic of�hc momhl�
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