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<br /> f. hrirrN�1 M�eiMl.I�Mn�N�1 l.�te CM�ryt. Borrower sha�l psy when due ihe princip�l of,and intrrest on. tAe dcht
<br /> evidtaad!+y the Note�nd late cfu-�rs due under the Notc.
<br /> � _-lNaN�h�t�e17'�.1�ee aM Ol�er C�aryt�.Bc�rrawet shall include in exch�naatl�ty pxymrnt,tc�etfle�with
<br /> tde prieeia!�ed interqt,�s aet fartb it►the Nota and any tatt chu�es,an lnst�llment af iny(a)ta�es and speciai uses�mrnt�
<br /> iwiwt vr ta be kv3ed�st Ihe Ptoret�y, (b)fr�setwW papnents or �ound rents�n the Praperty. �nd(c1 prcmiums iar
<br /> inwrlu�ue roquired by BarKraph�.
<br /> E.�th aaati�i�tWmeat fcx itenu(a),(b)artd(c)shall eqwl one•awelRh of[he�nnud amounts.�s rcuonably estimAted by
<br /> Le�da,piw�a�nt wttkknt to mdnta�a�n additiona!balance ai cwt more than cne-siath of the atimtted amou�nt�.Thc
<br /> fWi�aud�toust for e�cb itaa ihaQ be sccu�nuated by txnder withirt�periad endinj ane mantA beforc�a item wauld
<br /> b�oo�ae Aelbnaue�t.tRnder thW hola the amounts collacted in trost to paY item�(a).(b?and(c)befarc they become de'Jinquem.
<br /> If�t�ny ti�e the toul of tl�e p�yments held by 4rndu for items(s),(b1.and(c?.to�her with tht f�ture mont�ly p�ytnent�
<br /> , for wch ilems pay�Aie to Le�der pdor to the due data of such items.eacccds Ay morc than one-sixth the atlmated amoual at
<br /> p�yflleM�f�qlti(ad t0 piy iuCb itqes wAC1t dul,and if psymenu on the Note�re current� then Lender�ail either refund ehe
<br /> � ��ava oae•�th uf tAe ati�ated p�yaKats or credlt the escas over or�e•siach of the estimated paymrnts ta subsequm�
<br /> � e+�r��by gono�rar.at the aptlon of Borro�rer.If the total ot the psyments m�de by Borrowet for item(a).(D).or(c)is
<br /> ; iatutAeknt to qy the itero when due.thrn Bortowtr shall pay to l.ender any amount neceuary ta make up the deficieocy on or
<br /> 5ctorc the d�te the iteen becams due.
<br /> As wed in tAls Security icutrummt. "Secretary" mans�he Secretary of Housin� and Urban Uevelopment or hu or hsr
<br /> daisnee.Most Security fns�rument�insural by the 5ecretu�are insurM und�r pro�rams wAich require advance payment of�he
<br /> entite mortjye insutanes premium.l i this Serurity Inurumem is or v►a.a iosu�ed undet a pro�nm w�ich did nat require advsnce
<br /> . qymen�ot the rntia mort�aae insutance premium,thrn eacA monthly payment shall dso include either:(i)an instaliment ot ehe
<br /> �onual nart�ye insutaoee premium to be paid by 1_ender to the Secretary, rr Iii1 a monthiy chu�e instad oi a mort�e
<br /> inwnna premium it thi�Secu�ity InstrunKnt is held by the Secretary. U:,:.�rtx�nthly inctallmrnt of the manja�e insuranrc
<br /> preo�iu�n sAW be in�n amouat eufficient to accumulate the fu11:1nual mvr<gsy�e insur�ncr premium with Lender one month
<br /> prior to the due the fuq�naua)mwt�ase iasur�nce prem9um i�due�o�he Secmary.or ef this Sccurity►nsirumem is hcid by the
<br /> Seeretsryr. each monthly cAu�e sha4�.4x in an�rtu�unt equtl to airc•tw�elieh sf ont•hali�xreent of iAe outstandinj priflcipal
<br /> ' b�lance due on the Nota
<br /> �. 1(8otto�rer trnders ta l.enda�he fuli paymcnt of�lf�ums cec�ircd Dy this Seti�unty Instrumenl. Borrower's account shall t►c
<br /> crtditM with Ihe balsnce remainin� fnr alt instaliment� for itre�,� (a), (b) �nd �cl and any mortgate msurance �remium
<br /> irtftalhnent�hat I.ender ha�not txcane obtipted to pay�o thc Scc�cettry,and l.ender sbail promptly refunc9 any e�ces.�fu►x1�to
<br /> Bo►tower. ImmMiatet�r ptior t�■ foreclosure ss�le of �he Prope�y or its r;quisition by Lender. Hc�rrow�er's account �!t�ll be
<br /> credjted with any b�t�noe amainin�far all in�taUmenis far item+IA),(b1�;��I d�1.
<br /> J. A�MM�o!h,��b.A!i pa>rr�trts undrr�:�a��apt�s ! and 2 o!►:iG�c sppiiea b>•i enQer A�falluwr . .
<br /> Fja$j.ta tht mon�ye in:ur�ncc premi�im t�br paid by I.ender t��he ticcret�ry or w ehe monthly chuRe by tQe�eetary
<br /> . inste�d ef the rtwnthty mon�ye imurancc prcmium, unle�s Horrc�wer p�ld the enrire mort���e in�ur�nce premium when this �
<br /> silCliflty tNltfL111tR1 wrt�3i�9iPd;
<br /> Qn��.to ufy tua.speci�l i�fessments,ic�►sthnid pa}mrn��c�r RraunJ ren�s, end firc, (tuod and othtr harasd insurancc i� �
<br /> a�tsnulted: �—
<br /> _----- �.!o iataat dur uasks t�r N�se:
<br /> �,j,�,to atnortlution oi Ihe�►nnnpal of�he Nate;
<br /> �. to late chuses dvr under the Natc.
<br /> �•E'Mt.FMN�N(1t�et Nas�IawrMe�. i{orrower shsll�nsurt a11�mprovernrnt s on the Yrojxrcy,whe�he nux in u�stma
<br /> o�wb�eQuee�lty ere+etetit,a{aimt�ny hazard�,usualtiea,and contm�enc�es,ItfC:u�Jfis fire,fur�hich l.ender requires imarsrtct.
<br /> Thit itlaltfanc! sh1�11 bt muntained in tht �tmuunts and (�r Tht �xnodY that a cndcr requ�re�. liorrower sh�U alsa insurc all -
<br /> improvement�an thc F'roper�y,wAtiAet now in r��+ttn�t or cub+cquenlly erertri.a�a:nsi t�KS hy/iacx��1�the extcrtt rtawrn!by
<br /> �he Secrtt�ta,y.All in�urance shall be curied wqh ci.mjwnirs aprsc±�rd by l en:ier The ir.�e�rau�,r pui��a+anJ any cenrwals shall
<br /> be held bp iacncter and sA�u inctude t�ass paYxDk clausr+�n fa�«r af, ond m a tam� ac�rp�;tY�le to. I.endcr.
<br /> . Irt the ev�et�t of los�.Borro�er shall�n-t I enQcr immai�atc nuu.c h�matl I rcicr ca�ay r.ute pr�wt ol(os.s�i nut made prompt-
<br /> ly by 8otrawet.E.ach insuranct mmpany c�ncrrnec!n hereh>;�uthorored and dercti:ted to make pa}ment tcr�euch io�ti d�re.tlp t��
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<br /> L.ellder,instt��of tp 8otrawer and to Lertdtr jointly.�►11 nr any part��f the in�ut�tort prc+cctets rnay t+e�pphed b}1 tndcr,at itc
<br /> option, tithcr(a) to tlu redurtion �t the iadeb[edne•s unAcr �hc `ote and th�s :+ecurcty Inarument, fi*st to�ny dci�nQuem
<br /> amounts appiied in the wder in Pu+Rraph ). �rt0 �hrn to prcpa>rr�em ot pr�nc��xl,or ib!to t�e resto:at'tan c�r repa�r��f�he
<br /> dan�a«ed r+toperty. Any�pplic;�suoa of the p�oceecls�a�he pnnr�pai shali noi ��ten�or ���tx.rtir Ihc Auc date�f the rnonfhly
<br /> paymetti�whkh�te tefeettd lo in E'�t�aph 2,ur r�an�t the amount of wch�y�mrnu 1nti e�.ess uisuss:zss procee�s o�er an �
<br /> afipun!rNquittd lo pa��B putstattidins�nde4+tedne:tv untler Ihe ti��tt ancl this Se,,-uris� In�irumeot sh�!!t+r�:�sd tu tAe rm►�c trgal �
<br /> ' ty rntitkd thereto.
<br /> ln the event o1 farecknure of th�� Sef:unt� (mtrument ar a�hrr trnnstei �f t�li� to thr Fr��pert> thut rinnKuishrs the in `
<br /> �ebiedMSS.al)r:�hf. litk anai u�ttrat af Ik+cruNes in�nd to irisu►Atzic�Lc�rs iu fnrce �hai�pass ti� tAt �Lr.hascr
<br /> , S. Ptae��i1M� a� lliWtt�a�c�e of I�e rro�ertY, I.tMt1�aW�. linnc�Krr thy:l aol io:�u�ut ++aste vr dcstroy. lauuge ur
<br /> suM�amlalty ch�n�e t1�e�'ropeny�r allaw itfe Pro�►crt��o dnercora�c, rcasrnaCle wcu and tear ex,.ented 1 ender m�y �n,�:t
<br /> the property if the�xoperty►s�au.nt ar abandoned or thr iosn�s ui lefsult i cndcr m�y ia►c rea«msbtc Adt�an tu protcct and
<br /> prticiveurct��atrm or ab�naoned prvperty. If tAa Sccutny Instrurnrni�c�n a leasetcald, Fiatr�wet shall cumpl}with the ptu+�
<br /> swna t�P l�te ltsse. ti$nrrmsr, a;.7-airC� t�r tKie tr. th2 (�toitrtlr.thc icisehoIsi and fr,uik ti..ali nn: t+E rr.�r�r����in. t tn�t��
<br /> �tcts tt+thc�mei{tr i!t ari�i�y�.
<br /> �.(.'�..i t��!!ow�er u��'rWettion of I.t�Ne►'s R1��ls 1�t�e tro�erty.f3�r.or.cr 4ha11 par aU grncrnr�untel��s munr.ipai
<br /> ctlat�a,(iney and impaxihons thn axt not��zlud�d in Paragaph 2. N�irrower sLa{i Rs:��tt:rs:oD:igat�an5 on time d�rectfy to�he
<br /> entity wh�,:h i�owexf the payment. It la:ture to pav Mould ad.er�c?y affere !cnder's anttre�!�n tht 1'r��petty, ulxm !endrr's rc
<br /> ques� B�t�4�erre�shylt prpmpdy turnish co Icndcr re�r��ts c�iJeKV=ng th�e payrr.cnt�.
<br /> If Bntrowa i�ils ta myiit Ihese p�ymtrtts ur�ht p:s��tnts requ�red h� F'a�ityrart�2,vr istls rn prrfurcn any uther.utienar��,aud �____,____
<br /> �ttments contairitd in this Sccunty In�tromrn�.r:tt�trc i;a trgal prc.ircd�ng that m3y sign�fi,;witfy uf tat I cadcr'+riktrt.,�i
<br /> Ihe Prupert.V�sucN as a proceecl�n�t�n hanktu�icy,ti�r�undannatiun en•to enlor.c l:�ti►�oe rtEuZDtiutt:►,�hr»t eu9er rnay J..ar.J
<br /> psy vrhttt►et is ne�ess�ty ta rrc�terY tRr. Fo1ue uf the F'rupe�ty aud 1 c�:des'+r�Ftde in the Yri�perty,�n�ludmg paymcnt�! trnc�,
<br /> hsurd ias;2rancc and other items rneut�t�ned in pong►aph:
<br /> Any amc�unts d�rhurscd by Iender uncle��N�s Peragraph sh311 hr�.urnr un.�Q.li��ui�al Jebt ot pi�nuwe� a��d hc�r,.urrd h: ifu5
<br /> Securily Instrument. Thesr an�ounts shull txar mrertst l�i�m tht date +�t dicbursen�em,3I IhC 'V���f t.,tr. ,,nsf:u ihe a,�u��n c+t �r�r
<br /> t cn4er,�hdl bt inimcdiatcly due and payablc tMs
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<br /> L7.CoNt��lbN. TF�c pr�ketds i�f an�•a�are!i�r slamz!nr<famacr.,dirc:.t oc i��n+..Vucnt�el. ir�.���nie.r.vn �nh anr.��t�Qem �
<br /> napon or orher�aking aP any part�t the l�rapeny,ur(ur.c�me}an�.e�a��lacc��1 umdemnau��n,ori•hcrct+y a���gncJ�nJ tihaU h� �
<br /> ��aid tu ltndec ro the e�ten:uf st�r ful)amnunt uf the�rdeh:rJi:cti�that tenia�rw ur:p1.J under :he 1�+:c ar.4 11��.tin ur,r� lm�n, n.
<br /> ITIG(It l.cncter st�all a jV 54t�1 tUifo ds!�i thr rr �pf!(�I (7£I:::1Ch,.�tiC�utt�.,..t:i;,; 'tii'_ 36tS ltn, .uiit�iI�.U::t��rtil, tn�.l t�• w.
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<br /> ai�r dcisnyaem emuunrc yp�,l;cd,n�hcrrdsr p�e��idr:1 io Par,��r�rh �..�nd tt:cr� :��rr;p:w:�irn! i�f���,�:_�s•_,t ��n. ;y�rli.e�:.m.�i �
<br /> ttsf DtlTit'CtjS t(f thC Qt��tUJt�) ♦huU n(it ry1PR�1 �.�� �..��in.�,.. .1.� .1.�. .��.. :>� ;i,� yt:,-;,�;•. ��;F:;r:.^r:, sr� �1i:�i:7 ��� .
<br /> i':►rmp,raph 2..��r ehangr the arn:�unt nf�.u;h�a�rnet�;•. �nc re,^•. �r�•.red�.,�.c-,::,.am�,..��� rc��c, r,rJ +~;��� .�il , ,r.�en-i�,,: �:.
<br /> 3r►+led:tesc u�itSfir Ih.0 '�.,tr anJ thi, tic.ur�tt iii,trn�:�er�� .1�.�11 t�t• �•.i.! � ��t•r t• '�!� ic.:al:- ��,, . , i .r e.r.�,
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