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<br /> 90� 1a��.68
<br /> i. P�ynlwnf of Prinalp�l. Int���iR ��d Lot� Charp�. sorrow�r ehaB p�y wt�en due tha prk�clpd oi,�nc!Inlesc�t on,
<br /> tha ct+�t N�cnGrd by ths kata and tate cher� due us�er the Natr.
<br /> �. MoMhiy I+�tn�nt� W Tua�. In�u�N1CS Mfd �i1f�r Char�lp.eor►ower.ha�w�c�,cb k� �:t�mont�,N vam��,
<br /> � M{�Ihar wMh Ihs p�r+WpM�nd inlKNt �s u!latA in tM Not�md�ny Mt�cMupe�, �n in�taNrnent of�ny (�) tuas �nd sp�cial
<br /> �..a.�,«,i. �+a�a a w��.d Mq�r�.t in. �ra�«N,(b)iMS�hotd paymKits a qrou�d�ents on th•�roP.�sy��nd�c) pranium� for
<br /> i�ssx�tt��raqulr�c!bY Nhuspr�wh !.
<br /> [ach ri�tMy k+q�ic+i taa k�fi W. (�)wM!(W ahM p�atttMrilllh of th��ncwN�mounts. �s���on�bly�ttlrtrLSd�y lmder.
<br /> pAn�n �►+a�►t wl�irrN fo m�Mbin �n�ddMor�al b�Mna of n01 mon tlw�on�-31xth M tha�st(mat�d�moWN�. TAa IW u�wi amounl
<br /> lar a�l� �ure�b��oou�r�fad�y lencMr rrM1�U a pNla!�n�ar►�ma�th t�a��n N�wauk!brc� ddn4r�1. ��ndes ah�1
<br /> hok!N►�Iwn�a�l�ooNqN!in Irusl to p�y N� {a),(b��rtd(e)Mfor�thy beco�TM d�llnqwnl.
<br /> M M �ny MnN IM Mi�l of Ih�p�ynMnt� hNd by LmdK ta ItMna(�), (b1, and(c), toqMhK with th�IUWn monthy p�yin�ts 1c�
<br /> Woh MMN pMy�bM b l�ndw {xkx W iM duo tWM ol suoh N�, �toNds �y mor� th� o�tsbtth th� atinMt�d �nwunt d
<br /> M�� ►Mqui+d b pht woh Ih�r�s wh�n dw. �nd N p�yn�N�on th�Not� an curtant thm l�nd�r shM dlhr Mu�d the ao��
<br /> owr ��Erth ol IM «w�.a�+a a «.a� a,..p...oY«o�,.•.aa, a�h.Kum.aa o�r��•�•�«+� ar�«�ti by
<br /> aeirewi►� M IM t+plion ol8oaow�. M 1M toMl ol 1M p�ynMrMa m�d�by BorrowK 1or R�m(a). (b�,a(c)b bsu�cl�n1 to pa�th� ,
<br /> M�wMn dw, NNn darow�►ihM p�y 10 L�ncNt�+y rnoutM n�o�swy to mMa up tM dNfdmcy on a l�Ias tM d�t� Ih� Kem
<br /> bwfon�dur, �
<br /> M ut�d In Ihl�d�ourky Mfhue��t, "S�a�lwy" n+w�a tM B�arNwy of Houtln��nd Urb+m Oevebpn�nt a IKe cx hw dtsiyn�e.
<br /> AAat 9�awNy Infkum�ntt in�w�d by ths S�aNary�n Ns�xrd undw propr�ms wh�h rputn advaoc�paynNnt of th��ntin mort4ss,� .
<br /> hlwnne�pnn�iu�n. M Ihi� 9�xxlty MtlrurTtet�l b w vw�Insuhd under� pro�r�m whkA did aot requin �dv�no�p�ymmt ot tht entin
<br /> , morl�hsu��nc�pnrnium, th�n Mch moniMy p�ynNnl shM�No indud��ilher.� an inslaNrnent of th�arx�u�l matpps hsunna
<br /> pr«ntun+ �o b. o�+d M► l..nd«�o th� s.cr�«y.a (�)�monn+�y chup�Intc..d ot �m«cy�� insixano� pnmium x enh securi�r ,
<br /> Inskt�nl b hNd by Ih�9�aM�ry. E�ch moMMy In��M ol th� rtwRq�iniu�nc.�pnnaum shal b�fn �n �nou�t au�t to
<br /> �pqxn�iMN�h�IuN�nnuN mo�1�q� in�tx�na pr�n�m wIM L��cx�� maith qbs to the d�t�th�tu1�ww�i tnort� hsuru�p
<br /> prNnNan N du�ta th� S�crMary, or N thb S�owity Irolru�naH i�MW by th�S�aKary, eah monthy cl�ar� tAV b�in �n amount
<br /> ptwl lo dt�-twrlHh ol onth�M pwc�nl ol tf+�ould�ntlkp piM�opM b�no�dw o�the Nots.
<br /> M BonowN t�s to l�nd«Ih�tuA p�ynwnt ol a�wm� ��tx�d by ihh S�cNity Insttument, Borrow�r's aaoc�nt shall be aeditad
<br /> wilh th�bN�nc� ��q iot �M In�t��tt Ior N� (i), (b) �nd(e) and�ny mat�9s insunnce Fnmiu�n imtalR�ent tMt Lender , . ,
<br /> Mf not baom� obNqd�d lo pay lo th�S�cxN�y, md L� ihaA p►ompty nfund�ny excesa tunda to 6oROww. Irtwnedidey p�io�to � " ,
<br /> a lor�dosw�u1� 01 th�f'�npwty cr Ib�cQui�ition by Undw,8ortovrer's acxoci�l ahall b�cx�:ea with��y bwne�romainNQ to��II •
<br /> insWnMnls ta N�ns(�), (D)�nd(c). r
<br /> �. Aoplication M Pavm�lltf. AM WY�ts undrr p�rnSXaphs 1 ind �thaM be�pplied by t�nd�r at ioiow�: • j�.`�'
<br /> Flnt to�h.m«sy.q. fnwr�nw prsmlum to b�qid by Lmd�r to th� s.aes�yr o�co tne mo��ny cnaro. �y�n• s�e�y --_
<br /> hstMd ol th�monlMy matp�Q� insuanc� WKe�ium, ueNKS Borrow� p�fd the Mtin rtwRyage Insuraoee pnrtium whm thb Sewrity
<br /> - -` in�k�ia�ni w�i�ign�d; _
<br /> S�COf�d, to�ny taices, apedal ��seaemenl�,k+�s�Aold p�yme�b or 9round renta. �n�fire, tlood and dha Aazatd hSUrance -
<br /> � pnrtikxns,�s nqulr�d: . •
<br /> Thtrd.to int�r�tt du�undar th� Notr,
<br /> FouKh,to �mont:�tloo ot tM princtp�l ot tn.Nar, �
<br /> FHth, to Jat�chupa due unda. th� No1�. •
<br /> 4. Flr�� Fiood and OtM� H�rud Inwranel. 8atowR shaN insure all fmprovements on th�PropKty,whether naw in
<br /> `�� �xitt�c� or subspu�nty e�ect�d. �p��nst any MzarM. caswMiK. and contingcnciea. Mcludin� fire, for wNch Lender requires
<br /> hsuranc�. Thia inwranc� sMN M maw�tained in tM arta�xris �nd la the pKiods tha! lender requke�. BorrowK ahal aiso hsure aY
<br /> � improwmants en th�Property, whNhM now fn e,�st�a wbspu�nNy e+ected.�9ai�s1 bss by tAoods to t!�ext�nt rcquired by the
<br /> S�Ct�Sary. A!I hsunnca shaN Ae carried witA comp�ni�s�pprov�d by L�nda. The Insvr�nce policies and�ny renewah ahall be heid Dy �
<br /> � l�nd�►a�d shaM includ�loss payabk cwusn in trva nf.�nd in�tam�cupubie lo. lender. �'
<br /> In th�event ol bts, Bortower shall pi.�l�nda Y+�n�liN� no4u by ma�. Lender rt�y make proot o1 bss if not rttid� pranptly by �
<br /> 8ortaw�r. E�ch insurMC�cOti�ny concrrn�d I� hK�b�l wthori�t�d�nd dir�cted to make payrnent ta sucA tos� dreetiy to Lender,
<br /> instMd o1 to BarowK �nd tv lersder tok�ty AN a My pwt d th�Inwrance proceeQ�msy�o�pplied by lanar, at fta op6on, eilhe�
<br /> (�)to th�reduttfon ol lh�InMbt�dr►as�untla Ih� NW�I�nd tt►i���Ny Mshumie+�t,first to any detinpuent�mounis �ppGRd'n the order
<br /> �n Parapraph 3, aRd in�n�o a.p�yn,�er+�oe pr�nc�.i, o. (b) �o �n�resiont�on or repUr ot the dama�ed prop�y_ My�pp6iutbn of the
<br /> proc�ds to the prM�cipai sha� nol axtand a pasipcx►�IM du�A�tt ol th�mo�ihy pAyments which are rdur�d to in Panq�ph?, or
<br /> Chan�th��mount el such paynxnts My e�Ct�s dmwanul proCeM1� over�n�maunt requked to pay aN oulstandiny indebtedness
<br /> under lhe Note anb Ihls Secwity Inst�unxy�i ehay b�pa►A to Ih�Mlrty iepsNy ent�tkd thereto.
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<br /> FSOIdCT�rOJ/90) �•���4t,
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