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.. � . �r.�. , <br /> _ _ , ., ,.. .. _ <br />--+M` _ n r- __ _� --- - _:. . __ .. ... . _----- --- ..._._ <br /> - • --.:.�:-'i -' _ Y .. _ __ <br />-�--. . _ _ . _ —. ... ._ . . _ .. - . .- _.-r-�-_...-__-�--'-���_.. .---- -- - �_. - . _ ._ _. . .. _._.- . <br /> � <br /> � � <br /> 90--' i0350� <br /> l.P��10/!'ri�c{�!,I�tereal�N I.Ne CiaRe.Borrower�hall pay whcn due the principal ot.and Interest an, �he debt <br /> eti•kkncrd by Ihe Note asxi(xte ct►,a��cs�ue under the Note. <br /> � 2.Mw1M!h7wr+�a�t Taa.l�w�wsee�01Met CM�n.8orrawer shali include in e�ch montt+ly payment.co�rther with , <br /> the qfneipd and intrnst�s x1 tartfi in thc Note�nd�ny IHr eh�r�.ae inst�Hinrnt af�n�(nl ta�ca srxl�ciat�asessmems <br /> kvied of to be kvied s�inst the Propetty.(D)Icaxhold psrment�or �raund rents on tAr Praperty. snd (c1 prcmium� fot <br /> inwtwnoe requlred by ParaaapA�. <br /> Each wonthty tnttalbneee[or itemf(a),(b)aed(c)sh�li equal onr�twel(th ot the annual�mounts.w reasanably estimated by • <br /> Lender.ptus�n�nwunt:afficknt ta maint�in�n additkr�l balance of not more tMn onr•siath of�hc atlmatcd amaunt�.The , <br /> !u!!annwl�moune for each item ahW De a�xumulstcd by Lendec within�yeriad endinj one month before an item wauld <br /> become deH�qtKnt.Lender chall hold the amount�colkcted in trust to pay ittms(a)�(b)and(c)betarc thry become delinquent. <br /> 1f��aeY clme�he�aal ot�he p.naeni�held by Lender�or ic�ma(.),(b).and(c).co�ether wilb the futurc monthly p�rments <br /> tAr wc6 itena p�rabk to l�ender prior to the due d�ta of such itertu,eacoed�by mote than one-siath the estimited amount of <br /> Myment�required to pay wch itenu w�hen due.a�d if paymenu on the Note�re cutrent.then l.e�ekr sMll eithe�refund the <br /> eaoaf ova one•�iuth ot the atimated paYe�ent�or credit the exces�over oae-sbcth of the estimated payment��o aubseqnent <br /> p�ya�ata b�r portwrer,at the option of Borrower. If the totxl of the payment�made by Barrower for item(�). (b).or(c)is <br /> iaptfffda►t to pay the item w6en due,then Bonower sMll pay to l.ender any unount neces�ary to m�ke up the deficlency on or <br /> ' befors the due the itea�aecomes due. <br /> � M wed in thit Sawrity Iaurument. "Secretary" means the Secretary of Hausins and U�ba�o Urvebpment or his pr htr <br /> desi�ee.Mat Secu�ity Insttumrnu insured by the Secretssy are insured under pro�utt�whicA tequl�e advinre psyment of the <br /> entire nwrtrpre in�unnce premium.lt thi�,5ecurity Instrumene is or wu insured under a pro�ram which did rtot requirc advance <br /> , paymeot of the entire mort�ye insur�nce premium.tl�rn each monthly p�ymrnt shdl�Lsu include either:(i)�n iastallaunt of the <br /> �ual taoat�ye inwranoe pranium to De paid by Lender to the Sec�etary. or (ii)a monthly char�e inucsd of a mort�e <br /> inwr�nce pree�ium if thi�Sauritr lnstrurt�ent i�held b� the Secrct�ry. 8ach monthly inst�llmeet of the monµ�e irourancr <br /> premium shall be in tn�eiwunt suttkitnt ta ucumuLate the fuU annual mott�e insurance premium with I,ender one moetA <br /> prior to the aate the(uU annwl mortdase insuranee premlum is due to the Sccrctary.or if thls Scrurity In�trument is Aeld by the <br /> S�crctary,ach monthly chuRe thall be dn an amaunt equ�l ta one•twelfth o!one-half percent at the out+taedin�principal <br /> balance due on the Nate. <br /> I(8orrow�er tenden tu Lender the lull E+a�tnrnt nt all fums aecured by this Secunty Instrument,Barrowe�'s account sh�l)be <br /> etedited with the balanc� remainin� fat a!1 insaliments for items�a). �b) and (c) and any mortpae it�sutuuo ptemlum <br /> instaUment tAat l,ender has nd brcame oN�ted to�+a�to IAe Sec�tt�ry, �nd l.enQer ahall promptly refund any excesa tunds to <br /> 8onower. lmmedi�tely prior tu a toteek�.tvte�ale of the Proprtty or it�ac�wi�tlon hy I.cnder, Borrawer's account shall he <br /> c�edited w6th!nM b�l�ncr retniunin=tcx a�anstallment�for item�ta?.thl�nd(c!. <br /> �.A�ta1M��t r�y�elN�.All p�yenent�under pa�yr�pt�s 1 utid 2 chtll be applied by L.endet a� fnlbws: <br /> F�j.to tl�e mal�ye in�urance premium to De p�1d by Lender to�he Secretary or to the mon�hly char�e by the Secrttuy <br /> instesd ot the monthlr mas�e insurance premwrn, unles�BonoM•er paid�he eet;.re mart�e insunnce.premium wAen this <br /> , SeeuNty tnsttument rra�sissed• ;. <br /> ��Q.to�n)t�xes,specia!assecsmer,:a,leareh�id paymrn��or RrounQ rent�,an�fire,tlood and other huard in�urance ��� <br /> ---=_ �il�:a�R�YI�RI: - _ <br /> �'�(�Q.to interat due under thc Nae; <br /> �Q�'„�. to unonir�ation of the princ,M!o��he lVote; <br /> , �.to late chu�d�under the Nae. <br /> 1.Flee.i�M�OtMr Ha�ti I�wesse+e.&.rrovrer ihaJl�n�ure all imprave�meat�on tAe F'ros+erty,whethet�ow�n ex�stencc — <br /> ac ayM�epuentlY erectted,spinst��y hustAs,ca�usitit�,�nd c�nti�Xtar�es,inciudins fire, for wAicA Ltader sequirts insuranee. <br /> Thi�itautance shall be mai�tair�ed in the amoums ond for the periods that l.en� re��ires. Qonuwer shaU alm inxure iEt '�'�� <br /> improrsmenu an the F'ropert�,whether oowr in ex�stence ut suAstyuently erected.a�ir�st Ieis by Itoods to tht extrnt required by <br /> the Secretaty.All inwrance sTaO be curiN�:sh campanKS��provea�t hy Lender. i�e�nsuru►ce pc►ficocs and any renewab shall <br /> �ve held by r.erWer�ncf shall include Ms�psY�bk:laux�in f�vor ot.�na+n a fom�acceptaDie to, l.ender. <br /> , In the eveet af los�„8orirowtr shal!��re l.ender�mmtdiue noace I+y mul.l.ender may make ps+x�t of loss,f not msde prompt- ' <br /> !y by 8ortower.Uch insunnee caes�Dany c�ncerned�y herr�+y autAorued and 4irecteA t�mtke�yment for such lass directty tc� <br />,' l.et�Qer,insttad ol to Bonower snd to tendet jointly. All or any part of ihe msurance pr«erds may t�e applxd 6y l.cnGet.�t its <br /> optiott. tillfet (il to lhe ttduction o( tl�e indr�tcrinc�undcr t!u Note and this St�cueny Instrumtnt, ti�st ta aay delinquent <br /> anKwnt�ap�piied in �he otder in P�io�rsph l,and�hen ta prcpaymcnt of prmc�pal, or(E�1 u>tht rrnnruion or «pair of thc <br /> QaA�od ptupetty. Any�ppl�cation of the proceeds to�he princ�pal shall nos tic!n�nr post�me tht dut date of ihe monthly •� <br /> paymeait whkA ue�eferred tu in Narasr�ph 2.or chan`e the amvunt of such�ymen�s. Any eact3s msivatxe�xc�emis o��tr un <br /> �mo�nt rcQufrM to pay aq aut�ttnd�nj iadcbtMnese under tAe Note�nd�h�s Secufsty Inssrumrns ehaU he p�d to�hc cntity tc�aG . <br /> ty entiNed thereta. � <br /> tn /he errnt of foreclosure ut thts Securuy lastrumtnt or uthea r.�nsier ni ntle to the F'mQerty �l�at t�unywshes �he in• <br /> debttdnts.�,all tiYM.title trtd mte�at cit Hotro+.er in and t�uisurana poLnr in force sh�ll pau so tht purchaser. <br /> S. hwer'rMis� pt Mli�lt��e of tfe rto�ertJ. It�o1�. 8onewer shall nni cornm:: tia�tr ��r drsUOy. Aamage rr <br /> subsl�ntiaqy c.luttje tAe Nr�perty c�r tllaw the Prc,qerty ta ctctrt�ora�r,reawnahk weu ar�d ie.ar e.�cerced. Lender may�nspe�� <br /> tho�xoperty�f tl:e ptopett���s v�iYn�ar aban4oned or tAe tcun is in default. I.cnder msy take reasnn�Alr actian to p!otect and <br /> �tytivt suth►estst rr eba.c�'tontd pro�,+estt. If!!us���t�.r lrsuutsrnt�g�n�leauhe!c!.8nsr�:.rr ehai!�:.m,:;ws:A ahr�rns;- <br /> iiC„-��ttf ii�E icwi�2. iP Bvfic's.ct µuuirc• iR irfk fv fita�rc�srty, the ira�chc�td and fice rnte si�ii r.ot he metged unless Lender <br /> ' ytrets to�he mer`er �n+�ttiung. <br /> f.(�Ysts to�Mt+o�rt►u1!'�olttUo�v/l,eMer's RI�Mb I�q1t 1'ro�er/y.F3urruwcr shatl�r all ga�ernmental e�r mun�ca�a! <br /> Chu�es.fints and impositicnns ihac xre nut i�ticludrd tn k'�ta6uph 2 F3orrc►wer shall�+ay theu r.�bgxt�n:i�ori ume ditectly to tbsc <br /> entity which►s owed the�+asmrnt. If faiiurc to pay wou;Q�Q�ersc{y affe.t 1 rn�er's int�rest m the i'roperty,upon t.a�der's re- <br /> Quest &�rroarr sAaU prorn,�:ly farntsh !0 1 tndcr tcrespu ev�der.cing I�ine paymems <br /> If gorrower fis'�to makr thrt piysnenis pr the pa�mrnn�equ��ed�s PAr�saph 2,or fa�lc to�rfotm any othrr�o�enants as:d <br /> a��eemeals rantatned in this Secur�ly I::sscemc¢it,ur thrre ��a ttgr: proceed�ng thai may s�g�uf�,ancly a[fccl I.cnslcr's ngt;ts ca '" """"'""�- <br /> �he Prvperty fsuch�c r prtK;ceQing�n btistiruptc}.tur vundemn�tivn c�r tu�n[vrce I�ws ur regulat�uns►,then l ender may dr�and <br /> pAy wDate�et is necexsac�e«protC•t the LKI«e of the k�r.?pesey and[.tndt�'S nghts ui the a�ropert>,�r�cludmg paymerd�f ta�es, <br /> h�t�rd msurancr and att�x►�rems n�cnt��ned in F'aragraph 2. <br /> ,�1ny amo�ssts d,st�ursrd by lender uncirr thts�"aragc�Dh�..h�ll btr;��mt an addrto�na4 Jeht o( Hnr►nxer and be recured hy th�s <br /> Secutiry ins':rw:t�tat. 1hr�e Qrtivunt�strall t.eat �nccrest frnm the Qate o( tiisburstment, at thc '�otc rate, anJ at�hc oCt:,�n�f � <br /> 1 cndtr,s.hai�sc immcdiatety duc and payahte � <br /> 7.Q'o�detiutb�.The nf�KCecls e�f enr•uward or cla:m(ur damagrs,dire��vr cun�.e�uert�al, in iunne.�n�n tiuh arn�undern• � <br /> � nat�on c+r o7htt t�kiag c�f�r.g t��rt vf thc i'ar�rrty,ur irn rcmticyan�c :n pla�e uf cunQemr�a��on, are hcrch.a���Fne� and Shall hr ��,� <br /> paid to l,rr:�ct to thr extcnt n!�hc full amount�tf thc�ndebtednesc ttaat rerua�nc un��s�J un,9cr t��c �,�t�enJ it��,tir.su�t� In�tru <br /> rnem. t e�ze�KT r'��WII n�ply cui�i�+ns.rtdc t��the�Ctiluci�ttn u(tlte�ndch:ednetit unefrr�lTr'`c�•e and�f�,��,.ur�E. In�.irurr;en�, t�r.t�c� �# <br /> uny delmq:;en.:anioi�r�ts apt•4ed�n thsrcder pri+���lcd �n�'�ragr::pl: �.atiJ then t����te�a�nunt „1 sr,u.��aE ,1��y a�rlua����r���t �tpy� <br /> Ihe protee�s ;o the principal tihal! riot ri�end or N�::p�ne it�- Juc date ��( tfie rn��r�tt,l� ��a�n::•�II4. K�II.I� .�ic irterrrJ �n �i, i'^s <br />. F'nrt�gtnrh 2.��t iha�tge t�.^ a�uoune uf�u�l� ��a�mrnta Am ei�ess�r���ce�t,����r :m.im��.�i�r rc.�.,�+e�S�„ ;•.i.a'�,�,��•.ianJ:nis�n <br /> �ichtednes: ur;Srr �l:e lute t�nd �hi•: ti^.�ir�t� In•frumenf rh�ll hc ��a�.1 in :he cnr�tti 1�,•sl•e ^nr•+�,tl ���rrri,, <br /> ll. 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