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<br /> - -_ - - - - �•�7M�M rel�clpli I�I�eep Mf Lde C1�e�e.Borto�ver sball psy whea dae the•principai ot.and�terest o4,the debt _ ` .
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<br /> � ?. lb���Tn�s.�att�Otier t7�rs.�onoRer shaU inctude in ach monthlY P�Y�eat,to�etha witb Y '�
<br /> n�
<br /> c6c�aed jncrreH u�et[arth in tbe Notc�rid aaq luc cMr�es,aa iaataliment of a�r(a)texa aad specirJ assaaoeats . ' �
<br /> _.� ' ievie�a to be iev�3ad a�istt t6e PtoQerty.`(b)ka�dioid paymcnu ar sr8uad rea�on the Propaty.and(e)premitmes far
<br /> � ,���lrP'as!�b'�. , ; - . _.
<br /> • ' F�soae�tYidtf�me�u!or itcros Nf.tb)�nd(�?�6a9i aqua}oae-tweftth of the aQatW amouat3.u rason�btY e�imatM�y ' , �
<br /> ' l.�ber.�a�aro�u��itkiatt co m�a��ddjtian�t b�l�cr of na more t�m a�-:IaM af the atiatated amouau.?he � , _
<br /> M1 au�rt a�o��t for a�li kp��be accurnutated bg g.teder�rithin�period etMiej one month beforc an item.rosiid '
<br /> , , . Oroe�t idi�w�M,t��N�MWO�e�at�coYaeted fin trust ta pay ite�ns(�).(�)and(c)befone the�be�o�ye deiinque�t. . • `
<br /> , . ' . �!st My tlwf tlte W W ot t`c p�yee�t�lKtd 6y L.tnder tat itans(a).(s).and tc).to�nhet�riW the futute atoat�lY M�� ' •
<br /> . ,` for Nd►it�al�s �bk to 1.e�itr pia to the due daca vf such itemt:exceed�by asae c6�n o6e•si�lrthe e�ttmated aolouec of ' � .
<br /> , ` , yaxe�e�t�c�i0 ta�aldl it�u wLe�l Que��Dd it p�yments ort ihe NOte ffe cLr[Crf1.tlien Lendet sAan eitblr re[u�tbe . '
<br /> , e�t�t ova a�t��ixth oi el�e estiroate6 paqments or credit the accas over one-si�th ot the ettiatated psya�enu to subsequent �
<br /> pa}s�wau b�r Sa�rto.ver.�t 1hc qption af Hottow�r. it the totai ot the paymenis m�de by 8aro�ver for itam(a).(b).ar(c)is � � �
<br /> ` , ._ iswftkjwt to qy the itae►�hen dua.cbea Basrawn shail ps�to L.ender any amouat n�ry to mate up tt�c deficiency on nr . �
<br /> � befae tMe d�ts tbc iteas becouKS due. . . .
<br /> � , M u�e0 in tl�Secarityr Inurumrnt. •'Secretary" rtxans ihe Secretary of Hausins and Urbaa Deveio�nent or his or her .
<br /> dai�oeC.Most Se�utitr ttntrumrnti insu.�ed 6y t1�e Saretary arr insureQ�uWet pra�ss�rhich require advance psymrnt of thc .
<br /> . eet�e matp�e ieiur;�nce pretdium.L[tltls Serudtq tnstrommt is or�u inwrcd uader a projt�m vrhicfi diQ aotrequire adtance
<br /> , . pa�m�e�ft oE tfre eAtUe muRp�e insuraece ptemium.tbeu each monthlY pagnient shaU atso include either:(i)an insqllment af thc ' • -
<br /> � � aeswl mntqye insyrmce preniutn to 6e�id by I,enAer�a the Secrctary.or(a)s monthty char�e inste�d of�mortp,a�e �
<br /> iaw�aaca 0[emiam if thls Security Instrunxnt is heid by the Secre[sry.E�ch manth{y instdlment ot[he mdrtp�e insurutce
<br /> p�ium�ha9 be in an amaunt,sufficiene to acxumuUte the full annual mortpse insuru�cp premlum vrith LenQsr oae month • ,
<br /> p�ioc to tlie dste the fi�annual moRSase insuratue prtmium is due to tfie Saxet�ry.or If this Sesutity[nstrument is he�by the •
<br /> Secrettry,each monthly chuje sh�ll�be in an amount equal to onatwNtth of csne-hali percent af[he outstanding principal
<br /> bit�ace d�e od tAc l�tae. . . . . ,. .
<br /> if Borrowes tenaen to Lender the fall payment of all sums sernred by thl+Secudty lnstrumeht,Borro�•ec's�ccouat shaU be �
<br /> � credited wkh the bslance remaininj fpr �11 inst�ltments for isec!rs(a). (b)and(c) and��y mortgaae insuranse �remium �
<br /> inrtaUmrnt that lender hu not.became oblI:ated to pay to thr Se�ctary.and L.enda shall promptty refund qny excess�'unds co
<br /> $orrower.Ima�edLtCty prior to a foreclosure sale of tht�roperty at ita acqufsItian by Lender.BarroRer•s aecovnt sh�l!be
<br />' , credited wItb anY baltnse ra�ainfnj for all installments ior itcros(a),(b)and(c).
<br /> �.A/we�W�M la�Y.All paymenta ut�der puajraphs t and Z sh�ll tre appGed by Etnder as lfalbKS: � ' �
<br /> �• ,
<br /> ���,r:cr�the inort�e 4nsur�nce premium to 6e peid�y Len�er to the Secre[ary or�o�he momhty charjo by tAe'�ie�ary
<br /> in�te�d oll�+be nfonthtp nx�rt�iasuxance premtum.unless Bc►nawet paid the entire mon�e insurance premtum s±�fz�en this � � �
<br /> � �+��Y tt�sttumeet w��isned; c
<br /> '�Q,to�ny caxes.zpecial susessmrotv,IessehotA pay�u�ts ar ground rmts.anQ fire,tload and oiher hazarA insurance " �� '�''
<br /> premiunu.s;requlre0: • . �'+
<br /> j��.•ca interest due unAM�he Nate; . - '-
<br /> _�-;—
<br /> . - fOUR�.to�moRft�ltion of tlte�incipal ot IRe Nnte: � , . . .._ • -
<br /> �,f:o�ate char�a Que undr_;rie Note. -
<br /> 1•�7nt.47�M�s/OIMr Ha�n1 i�wesree.�n,rrrcr shall insure a11 impravement�on the Property.v.fiee:hec now�in e�iscence •
<br /> or�ubrer�ttiedtty erected.�ainu any huuds.casua�ues.and cenunaencies.lndu�in��re,for wAicn I.er.c�er rrQufres insurance.
<br /> This inQ�ratnce sMll be mRintsiROQ c:'the amounts and for t�ic;�criads�that Leader requite�. 8ona�crr �A�ti a'sa��ute al{ 'fi�
<br /> Imprort+a�►'ts on 1hs Propeny.whar.e�naw in e�istence or c�4 r�ienity erecte0,against t«ss by tlooQs ta the extes:;�i:ied by
<br /> the Se�cruuy./111 insurancx aMt)t�e tarried with companics at�=vvrd by l.ender.TAr insunnee policr��.z�any rrneuata shaii '
<br /> be he7i1 bY Lender at�d�hail includt fass payable clauses in favur�f,�nd�n a form acceptabk�o.l,er.�u'�. ,
<br /> , 1�theevent Af bss,8orrower sh�G3glve i.endcr i�nmcdiaie n�,►ice by m�il.l.ender may mal�e pronf of toss it not madc prampt-
<br /> , ty by��ver.Earh insuranetco�y concerned is hereby aw:horired and direc�ted w c�atr p�ymens inr sucfi t�ss d:r.sclly[o
<br /> Leeder,li�tad ot to�xrowte at�d:�1',urnQer joindy.All or aA7s�Can��f the insurance procc:d�m�y be appticd by�ev.��,At it�s �
<br /> pptio�„�fher(�)to lhe reductbn oF t7�t indebttdness unda�:7r you and this 5ecurity tnstromtnt. first to any�snQuent � �
<br /> � �trtaun;��lpplied ia the orQet in P�tytraah 3.and thrn to pr��ayment ot principal,or(�b►to tAe«stor�sion ar repair of the .
<br /> , Q�naa�ed proaerty.Any application ul she procotA�to fhe prirtcipal Fhal!not eicend or pastpone the due date at t�e manthly • �
<br /> , pa�►:a which arc referre0 to in Par�r�Dh 2,ar ch�nje Ihe amuunt af aurA paymrnts.Aay excess insurance proce�t pver r�n
<br /> �lteoat¢er�uired to Qay aU dutst�ttdlns i.idebtedness under the:��ate a.,nd Ihia Srcunty Instrument shaU be Gaid to the erc,;ty Icgnt- '�
<br /> , ty ent��ahereto. �
<br /> • ' In Ibe erent of(oreclosure of IAI�5erunty Instrumcnt or��;�cr uun+ter of atk to �he Propetty th�t cximp�;:is�es thc in-
<br /> � • debterines�.ali ri�he,thk�nd interpt of Horrortr in tnd to insurance pnlicies in farce�naU pssR to r:�r avrchaSer. .
<br /> , S• 1'rwerrafiM�111WIewef dt 1re►►o�etty. I,q�tt�W. �ONUKtt �hi�I ROf GP7lifllil WiSIC Ul Qt5ft6ji, dyma,gr c►r
<br /> subst�nliaUy cts�n�e tbe I�opefly Oe dlibw the Property to dtteriafatt.rcasonable wru��d teu ex►�epted. t.cndcr may inspccc
<br /> tlte ptaaMy if the propetty is v�car�t a�r sbanQoned c�r the laan ii ir+de/sult.i.ender may tate re�san�bie a�-�ion tv protcct and
<br /> prtletre wCh v�t ot at�tt�doaed propetty.lf this Stcutity[t�suumcne iv an a tea�efioid.Hn7ruwer shall comply wiih�he pruv�•
<br /> sioiu at the k1ue.lf Bntrower�cqulrts ier titte to the Vropeny,the Ie�sehotd and tce u�te sh:.l1 rtn�be meaged un1e��l.ender .
<br /> yrep to the rttet�er.ib wtitinj.
<br /> • • f.Gl�e�w M/�rswer�N tnleetlM�t I.t�wk►'�Ript�li I�e In►�etty.W�rrowu shaU pay aU g�vcrnmentat ur ri�unicip;�l • •
<br /> ch�r�a.fines a�ad tmpositians tDat ut not includ�+d�n Farapaph t.iturrower shall D�Y thesc c,bligatian;on time Qirectty tu thr
<br /> � eetitywhicl�N awed tht psytnent. �t r��are eo ay��nta.a.ersery rffcct L.ender's incerrse in the Prope�ty,upun f.en�ler's re- ' �
<br /> qucst 8orrorrer sh�11 promptly furnish to txncler r�►eipb evidrni�ng ihese paymeiu�.
<br /> I�Bnrrower f�il�tn make lhesr p�ymenta or the psyments reyuUrd by Paragraph 2;or feils tu pcttorm any othet cuvcnznls erid
<br /> � alrtem�enU cunt�lned in ihis 5ecur�ty Instrunirn�.nr there is a tegai proc�rding that nwy�rgnifican�ly alfect t,ender's ri�lsts�ri ' - �� -
<br /> , • the Propettty(sucl�u a ptoatdla�Fmbantroptcy.tor canderonatlon s�:tn rnfurcr l�wq or��ulations),then�ender mey do and '
<br /> � pay wlultevet is aeCessarg to prote�r.'��vafue df�he Yroperty a�Lender's righis�n th��r�_�ecty,inctuAing payrnenC c�f taxta, �
<br /> , huard in�ura�and othrr itetn9�s�odni f-l�xra,�raph 2 ,
<br /> . '. Ar.y�eunts disburscd bY Iender�,�der:.'��s�',��}rapl�s�hecvmr r+n add,uonal deD:c;'i3urrow�;;and pe st�;:a:c�!by this
<br /> --" " s�sir�i3sRammt-'i�hE3��maoli��37f[it�i ipi�iesi frvri3�3t dafe of di96urscmeni.ai t°:e N�te rate,ansi er%1:�npicun uf �
<br /> . Lendrr.±�d)!te immeCuteiy dne and payab.e.
<br /> 7.Ca�/�M1M�.The proceeds of any awatd ar ctaim fur damagts.Cire�t or:c�r�scyurntial,in connectinn with any co�rdcm
<br /> L � n�t#on or ott�tt takin�at AnY patt of the Proptny.�r fur ronveyance ia pface ot cc�ndemt►ati❑a,are hereby nS slgncd end shall 6r
<br /> pflid to Lendtr to the e�ttent ot the full arr.aunt of 1he ir►dchtcdncss�hat remains unpaiti under�he Nvie and this 5eeumy Instn,- �,,
<br /> �tstnt.Lteder ahW appJy suct�proceeds ta thr reduction no the�ndebtednrss under che Nc�te and this ti.cutity Insttuinrnt.€�ryr te�
<br />. • • any deUnyurnt amounl�applfed in the orAer pravidcd in[�arnaraplr;.pnd thtn tu�+teQaymcnt uf principai.Any anph�t�ta�n��€
<br /> ` the ptacttids tQ tde�tsnci�il ehal!not dtten�or ��tpnnr ihe dac s�ate ut�he manth{.�ayme��t�, wfticit �tr refetttd ta ir� _
<br /> . . . • Patt�taph�,at tftu:ge E�t ast�ttE�R4 of suct�pa}ment,.#ny�et.e,r t�r�Arrtf�a��r an am�ms�i r�qvrred fc��S�p aif�irsrari�fi�g ir� � .. .
<br /> QrBttJness uhder the�crse and t6is 5e,.ura�y(rsttu,nent st,alt be pai�l�c��hc er,liey Iegafly cnt�tt�3 ehere�n. �
<br /> " d.i'lt�,l.Cndet may rallert fees nnti chatgss i�uih��r�re�!t+y�hc 5°cfCFAts. � .
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