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<br />_ r /i • •. f 'T'r{._ilt i�'��i;``��i}i�,F��r . -`l�•-7. ' � f r` _.
<br /> 1 1+ .«..daf.b-.._i�F:2c\�' ' �� �,���'L:....F.SX:ie4:��.iiive�YA1CAl'kiii+iC'�Gll.:'"" ____' __- _.°--� _..-- .
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<br /> .. �Zw1� ��YV�.RRI
<br /> = __ !. i:+1•msnt of Prtrtctpaf,inlem!tM L:tr Ch:rge. Ootto«•tr sh:ll pay�vircn due the pdncipsl of,and inierut on, -
<br /> the ddx eviAenad by tho Nae u�d laie chugcsdue unrkr�he Nae.
<br /> � _. Monthiy p�ymeats ot7kxes,Inwr�xe and Olhtr Chor�es. IIorto�+�cr shnll incluck�n encli moNh1y p�ymen�,
<br /> (oaahet w(ih Ihe principrl ud In�erest u sel tath In tho Noio nM xny Iato chargcs,nn Insiatimem ot nny U)tuu nni
<br />:-_�+� spcci4 assesmients Ievitdot to be levlal agximl iho Property.(b)IeascholA paymems or ground r�ms on tho 1'ropeny,nnd
<br /> (c)prcminms for insuranco rcquimt by I:�mgroph M1.
<br />,,z;,�; IIech momhiy Insullment(or items(a),N) nnd(c) shall ccp�al one•twdflh of the annual smoums, �s nasonnbly
<br /> _- esdmeled by (.tnder, ptus an amount safiideni to maint.tn an adAitlunal hllance of r.ef mom tLan onmslxth of ihe ,-
<br />-���-- eslim�lod emounis. The fu11 annupl amoum Por e�ch iicro shall bo nccumuiatul by I.ender wlthin n petlod ondtng one
<br /> =— momh bcforo nn Ilom wadd bccomo dclinquer.i. L.ender shall hold tho nmounts colltt�ed In wst to pay hcros(n),(b)nnd
<br />,'.,f,�_s�� (c)beforutLcylxcomedeifnqucm.
<br /> -- If aS any timo the taal of iho paymcnts Cetd by Ler.der fa icems(a),ry)nnd(c),rogether wi�h tho tmuro monNiy
<br />��`��;;�i papmcnts for snch ilems payable ta E.er.der F+ior to�he dve dues ot sudi i�ems,oxcceds by moro�hnn ona•sixth tl:e =
<br /> cstinwzod au'wunt of paymcros rcqutm!ro pay suc[i ikms wF.en d�:e,xnd if pa mr.ms on�hc No�o aro cumeN,thcn 4cnder _
<br />-'�:%c.�ai shatte[ttRrrefnr.dtt✓�excessoveror,�•sixUeottheestimatedpipm.•n[sor��b.eezccuoverono-six�hofthocs�imated
<br />.--rt.�as p.yoteats to subseqaent paymer.0 6y Eforcowtt,at[tr.optlon of IIo�»�ee Cf tCe v�tal ot the paymenu mado by Dnrtou�cr �
<br /> �_� fa trem(a),(6),or(e)is insaffectcn[to pay tha itedc2 when due,Uxn IIortower s3:iA[piy ro Izcder:viy amouN nccessary ro '
<br /> -_-�--�,'y makeup�hsckficfeccyonorbeforetheda:ett,ei�embecomesduz.
<br /> ,�; As used in this Sccurity Ins�mmev,r"Sare�ary"mcans the Sttreinry of Housing and U�6an FJeveloyment or h(s cr her
<br /> eb-,slgn^^. in any year in which�he Lr,�Ar.r musi pxy a mongage insurence pmmium�o�he Scerc�,ry,each a:on�7ily payment
<br /> '�� sLall .�Iso iaclndo eittx�r. (I) an installmeni of tCee a�nual motlgage insur2nce premium lo be patd by L<r.der ro tM1:
<br /> �y�Ji Sr;rctary,o�r(iU a monthly charge tnstead ot a ram-�age insurance pmmium if this Security Inswmem �s held by tM;
<br /> . 'Y# Secrsmsy.��.ach momhly Ins�allment of the mongngr.im,uynce pnmium shail bs in an amount sufficicnt to aceumulalo th: ; :
<br /> i",`•i? Poll niu.uM:�cngoge insurance premium wi�h Lender one mm[h Prbr ro [he date �he PoII annual mortgage Insurenre �`-.
<br />'���=•� prcmimu�.ctce w�he Sureiary;or If this Stturi�y Insuumen�is Eetd b the Secrctmy,each momhly tharge shall be in nn _
<br />���'�'" amounta7»iroon�iwd�hofone-halfpercemoftheoms�andineprinc�palba]ancedueoniheNota -"
<br /> -.'.;� If�mvwer tenders to Lender the PoII piyment of ail sumz snund by eL:s Securi�y Insirument,Dorcower§accoum �,-
<br />:[�.;F-7�. shall be eredited wiih ihe balance rcmaining for all Installments for ilems �xr.��)end(c)and any mongage inwrance ,;=-�
<br />-.�.:�,�,. prcmtum in:ialiment ihat Lcndcr has no�become obligatcd to pay b the Secrrta�,znd Lender shall promptly rcPond any �'
<br /> 9i>�;� excess fu�t,i to Dorcower. Immedintely pdor ro a forcclosure snle of�he Ropeny or iis acquisition by Lender,Dorrower�i *�_-
<br /> nccouN shxR be cmdited wiih any b:dxa:e remaiaing for all ins�alla:m�s for Items(a),(b)nnd(c). �,.
<br /> -�� 3. A�ppIlcallon otPnymenls. Alt p�vmems under Paragraphs i and 2 shall be appltcd by Lender as follows:
<br />,.:rs�:��, _-
<br /> j�<,- �}7;,�o�he mongage insunmQ Q.emium m Ue paid by Lendet m the Secntary or w�he monthly charge by ihe �
<br /> < ,� Secrel insta�d oE�ho mon�hiy mongagcinx,cs,:ce pmmmm; L.-:
<br /> �,, ! STCON�,lo any't��Res,spccial assessmen.s,�ea�yotd payR.ems or groc.at r ms,and fim,flood and o�he�hazard �„�
<br /> *::'?,�?7 insuranmpremh:ms.asrtt�ulrcd; �-.
<br /> �c�`�.' '�}Jj'yc.3_,tamicns�3ucw�de�ih2i.oic: . .
<br /> I�`�_ � U[4"di ,m x:no:�ixadon of ihe priacipalo(the Rotc; i-�
<br /> 1 A�,m Um whn:�es Jue under�he No�e.
<br />.:�;t;,j?j, 4. F3re,�Inad an�?01her Ilaurd Insunnca 6oRmrer sh�ii insure ntt i�mvemems on�ho Propeny,whc�her now
<br /> � ' in exlstmce or soYsa�p:mly ertt�ed,n�ains�x�y harards,cuual�iea.nnA au-eei�ecics,incluAing fire.Por whieh Lendrr :,-
<br />:°;`�i.�: reqnlrca insmwue. 'Ihis insuranee shal be maiatnined in tlic amoums nnd(a�h:periods tha�Lendcr requircs. Dorrower =_
<br /> "`�^- shall etso in:ua all impmvemenu os ehr Propeny, whe�her now in exis�ence or suhsrquemly erccted.against bss by Ilaodc F'�:-.
<br />"':'J{i.
<br />::;alr�� to tl:z ex�en.rsqutred by�he Sarein:9. All Inscr.�nee shall be carricd wi�h companirs n�proved by Lender. 7Tie insuran:e �r`
<br /> -rs`� policies xn3 nny renewnls shall be heid by Lender and shall include loss payab!c c,uses in favor of, and in o fo�m ��
<br /> ros ecceqabte ro,Lender. t��'
<br /> �j In the event of loss.Oorrotver shall give LenA.r Immediate no�icc by mail. Lender may make proof o'loss i(not �
<br /> ..,,,L��. made prompdy hy Dorrow�ee Fach insurancc rompany concemed is herchy nuthorizcd and dirccted to make paymcnt to� _._
<br /> such loss slirecily lo Lendcr,tns�ead of�o Oorco�ver nr.d�o LenA.rjoinily. All ornny pan of ihe Insuranee proceeds m�y he �.--
<br /> �';-�i� appI1cA by LenJcr,a�its option,either(a)ro ihe reduc�ion of the ia.46md�css undcr�hu Ko�c nnd�his Scturi�y Ins�rumrm, j. -.
<br />. ��•:'� first to any dcilnquent amounts epplied in �he order in Pnr�grr�h 3, and t6en �o pmpayment of princfpal,or(b) to tte
<br /> .Si;t;:: ^�
<br />-:,.;�t�� ms�oradon or mpafr of�he damaged propeny. Any npplirntion o�th.ptaeedz to�he principal shall noi extend or pos�}+oce f,;.
<br /> '!-;„+'t. �he duc date of ihe manenly paymems which xre rcfemd to in 1'.�r�graph 2.or chanqe the amaum of such paymenis. Any
<br /> /„�;j exeess insurnnce praeeds over an nmocm n�Gaired tu pay nll owsianding i�kcbredaess ender�he Ro,e nnd this Secnriry� y`;�
<br /> -�.! Insuumem shall bc paid�o�hc emi�y leealty enatled thcrew. _
<br /> �� In t4_evem of forcclosurc o£�h+.Security Ini�mment or o�hc��nnsfer of title�o�he�o�eny that exiinguixhrs thr
<br /> `="'�-'# indeb�e�laess,all right.tide and imcresz of�ortoncr in xnd to imnnn.c policics in forcc sh�il pu<m thc purchsser.
<br />-"????Yt 5. Occapancy, Preurrntlon, D1alnter.ance and Protecllon of Ihe Praperly; Uorrmrcr's Loan lppllnlllon; -
<br /> - �'� IRA52IIOIAS. OOROWM SA3II OCCUPy.051�I]IRh,RR:I Cti Ihc I'ropttly ns Rmm�ucrk principal rcsidCncc���irhin xixlY da)'s
<br /> - i aller ihe exeeulion of�his Securiry Inswmem and sh.dl cominue ro occupy�hr{'ropny ac 6onou�erY princi�zt ruidence -
<br /> '' for al Itast une ev a6er Ihe date nf cecu �nc unless Ihe Secrcta detenninea this rc wnmem�vill cause ur.due hardchi -
<br /> '.�Y,�� Y P• Y. 7 4 � ' P -
<br /> for Dam..er, or untess extenua�ine cinunis�ances exist �rhich are be��ond 13orcm�cri control. 6ortower �hdl nnliiy � -
<br /> -.-i,;rr.e Lenders o(any cxtcnuating ciiaam>i.u«n. Ourtoae�ahall nu1:ommi�uaqc ur da�m}t dainaFe or subslemially ch:n^e
<br /> ��•.i��):.t) IhC Propeny or allo�r Ihe Prapeny lo dcleriora!e,rcasonabl.���cu and Iearexcepl.A. I.ender m�y inspeci Ihe Propeny if Ihe
<br /> "`s^`°�1 Propetly is vacanl or ahmdoned or Ihe lomi is in default. Lcnder may lake mxv+aabic�nion�o pw:ca and preurve such -
<br />':?1i��i! vacanl or nbandoned Itopcny. Uorto�rcr shall also M in dcfauii if 6nROwr:.2.iring �hc Inan applica�ion pratss,ga�c -
<br />--;�;r�)'�d ma�erinlly (alse or inaaumle infnrma�ion m sla�rmrnls In Lcndcr lor t:e.'..•s Io prucidc Lender x�iih :v�y maleml _
<br /> y infortnavon)in[onneclion wilh Ihe Inan e��idenred Ay Ihe Nam.i:,lnding,hW noi Iimi�eJ�o,repmema�iuns conttminf
<br />�'.`�;�'i� Uortm�eri aceupancy of the Propen).is�principal n 5�,tcnce. l�:�.$ecuriry�Im�tument i.on a Ieacehold.Uorto�rer chall
<br /> � i�ij�,��� eomply wi�h the prov�sionc of�he Iea�r. If 6aROwer aa�uirc>Lr':::c In Ihc 1}o�rtr.�ht Iea>ehuld and(c.�itle ihall not _-
<br /> Y=^`�'� Ixmergcdunlessl.end.ragmnlothenmrge�i���rivaF. -
<br /> -c"� G. Charges to Borroxrr and Yroieetlonof 9 rndrr i Rights in Ihe Pn,perl�. 8ono+.cr.hali pa� all goremmcntai ,
<br /> --:->.� or municipal chargcx.finn and impo�ilfnns ihm:�n nni inrludtA in P.+ragnph_. 13ortowcr tih:�ll pa�ihc�c obiigaiimm�n �
<br /> "';'i`'`�{ lime dirccll�Iu Ihe enli���«hich i. m�r,1 the piyma:t. If fad�:�e 1., pa? ��ou1J aJcenelr affea� Lenderi imerea in ih.
<br /> ..lt�'� Propcn��.uponLendcr:reyuniR„c:..�rnhallpromp�y�Pomi.hc,,t.-„a�-<««���..,�a��„�����ire.��,�,n<„n. I
<br /> _ .:r It 13orto���cr fails�o make the.e pmmcr.n nr iL•t pa)�mcm,r.ywrN M I'.�ragraph ?.nt faih lo pcffonn am o�ker
<br /> eorcnams and agrccmcnn comom.d in Ihi�Sccuriq�Inarumem.n:ilkm n a I:gal prurnding�ha�ma� �igntG�ulih aRrn
<br /> �_ = Lcndcrs ngno in�nc rtopcm iwci�a.u�m�ov:ng ni n..n�] �+., i.n..an -tlafnri vi i��c�u`onc ia....n�rgui..i�r�n;. }
<br />..:�-.i';�^ Ihrn Lendcr may du and pap uhate.cr is nccaury(npmlcc��6c�alu,of�hr Rnpcn��anJ Lcndcrl naht,u::.`: !':°x�n. '
<br />-�`••..`� including pay�mcm of�ucs.hai�rJ m.uraacc a�d othcntcnx mrnvm.:d�a 1 ang�aph?. ' .
<br /> '�4yi;? Any amoums di.burseJ bi LerKf:r under�hi� 1'aragraph�h�ll hromr an addi��onal deM u(Uurrn�+rr acd`:•�:_:.: �
<br /> ,,i,�,; by this Sccurily InsWmrni. 7T^�c arniwnls.lull txar imerc.t(rom iF+:Jn<�d Ji.M1uncmcn6 a� lir. S�xr�n�: .- �::.ti
<br />- •_-�- oF:ai c:Lender.�hali lx immcdiatel?C•a:�M(..�zb!e .
<br /> � 9. Condemnation. The prxecC.�4 s.0 ra+rd�:a lam�(.a d�maFc..Jucc�u�cunvr�ucnlr.J.m afm����on��nh am
<br />. � conY�mnaliai a ah:r taking of anp pan of ck fR:i{cns.r.�Grc a�m.cran�c m plaa nf oanJcmnaUOn.arc hcrehy a..ignnl ;
<br /> - '' aM shall tc Qad m L<rhr to tt..catem uf IM(ull ameum n(ttr inJcl+ndn...�tw nmmn.unp:ud miJcr Ihc\n�e ar.d ihn ,
<br /> ` s�" Seccrn imtmtr<n! l.crfi.r.hil( h wd� nrc.d.w�hc rrduciinn ul ihc mJcbicJnc..undcr Ihc Nmc anJ ih�.Sauni�
<br /> -�.��y Y h^P." P
<br /> - �=y.. InatmmonL lr.s m xay d:(�ryrnc amoum.applicd in �hc onicr pruriJnl in {?�ra}raph ). :mA �hrn In pnpa�ment n!
<br /> . -`F+i>> principal. Any aFQtzmon ot Ihc prcKrcd.m�hc prinripal .hall nul c�icnJ ur �e,ap,nc Ihe Jur Jat. of�hc momhh '
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