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<br /> . . :. ; � � � �2 � . 90--�Q�431 � � , . �.
<br /> ; ` ��$�M N�.I�fees�t W LMe CMe�a B�sower sltsll pay Mhen due the`prindpal o!.aad interst on.the dtbt � '
<br /> by�he Note and tate cflar�es due under the Ntste.
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<br /> ���` ' Z,�[Mlii,�l�W 7a�s,I�YK�e�Otier C�ey.BorrO{lv![ch>ll IiICIUdE j11 EiC11 YIIOIIth�Y WY1El11L�IOjdFIQ wiiA � � � � . ,
<br /> � the Dr�aCiD�1 sad iataat as sa farth ia the Mote aitd�ay!ue chu�a.an iasu4mtt►t o!aaY Ea�taaes affd speciat assa�eats
<br /> le�tl ar ta be krkd�the Pragat�.l6)la�boW ptymarits ar�aund cents on t!u Prapetty.and{c)�rn"__±�€or ` - - . .
<br /> -- .-- ---_ _ta-�rsax resieirid�tyr PrsagrsD��: . ' _ - � . - .�
<br /> � � P.at1s moathy ln�Aalhaeot for iteens(a3.(e)�4y sMil Wuat oae-t�Nfth of tde annutt amonBts.is reuonahIy eatima�d 6y `
<br /> ' ' �tader.plus an atnouac aufficidtt to m�nuio an�ddiBonsi ba�aace of nnt more than one•�af t&e estinutcd amounts.The , ,
<br /> . tu��m�l amount fcr ach kem�h�1!6e�ccamuLted bl►1.endef�t�im a paiod mdia�onc montb befaR aa itam wroWd , �
<br /> '� : 6�rccme de6equsnt.Leoder:hall hold the amounts w1lat�d in trnst to D:y item�ta).tb)and tc)beforc t�y become ddiaqueat.,
<br /> -� If at iuny tiwe tbe total of the OI�Y�u�dd 6y L�eada for itans(a),(b).and(c).to�ether with t�e future monthlY PRY�ts �
<br /> tor s�it�s pa�rabk to l.ender prior to t�e due dat�r af auch items.eaoeed�by m�e'tHan ooe-siantt the atimated amount of' . ..
<br /> � paymeab roquired to piy auc6 items�vhen dne.and if paymeaU an tht Note are cunent.then Lender shall eithar nfund Ws �
<br /> _ � . , ex,oa�ava one-sixtb of We atim�tcc�payments os ciedit the exce.ts ovrr one-sixth of she atlmated psymatts to subsequent � �
<br /> ° , pa�tt by Borto�er.at the optian of Barra�v�r.it the tot�l of�lfe paymenfs msde hq Borrowra for itan(s).(b?.or(c}is
<br /> ,. t imufijoeut tQpiry tbe�tcm�a due,then Barro�st�bpsY to Letsdee any amount neoessary to t�alct up t6e defxieacy oa or
<br /> � 6efort tDe date t6e item boQUma due. .
<br /> ' IU�ed in tl�is Sec�ttityt Lastrumeat. •'Secretuy• means the Serretary of Hausias aad Utbaa Development or dis or ber �
<br /> . dai�ee.Ma�t SecurIty Imtruments insured by the Secsetaty tre insured unda pra�raft�s�rbich roqairt advaace pakment of the � �
<br /> eatire mort�sae iawrance prcmtvtn.lf this Security Instrnment is or�ras msared under a PraFam�rLich dfd aot require sdvusce �
<br /> ' pa7�at of t6e eatite atat ja�e iasnranae pceminm,then eac6 moetlily Qayment s6a11 als�inciude titDet:(7 an installmeat af the �
<br /> . � wtud tsortp�t taw�anoe prdnium to be paid�y Lender to the Secretuy, or('d)s monthly chuse instad of a mort�e �
<br /> . ' iewraeoe preeatum if ti�L 9ecaurity testmmeat is heid by tlie Secretuy. Fach mos�thfy insalhnent of tfie mortpjt finsanmce �
<br /> : premium ahall be in an sn�ount sufficknt to accumul�te the full a�nriu�t mortpte insutaece pranium wtth�.erWer one mantl� �
<br /> priot to the date tht fult annuat mort�s insu�ance premIum is_due to the Serretuy.ar i!tt�is Security Inmumrnt ts held by the �
<br /> : Saoretaq►.eaeh monthfy clatne shai!be ia an�noant cqnat to one-txeifth of one•Lalf percent of ttie outstaatding pcindpn! '
<br /> , ; 6alance due on tHe Note.
<br /> ' . ' lt$orrower tesQets to Lender the fuU p�yment o!alt suma aecurod by this Savriry Insuument,Borrower's account shail be � .
<br /> credited �vith ihe balsna rem�tininj far �11 finstaltraents far items(a). (b) and (c)and any aiartg,aYe insuraace premlum
<br /> ir�•� ��^t t!W l.endrr hts nat�erame o6lipted to p�y to the SaTetuy.and Lendec ehall promptly re�'und an�r e�ccess funds to � '
<br /> • Borco�vet.Immediatety ptior tu a[omlosure s�le o!the Property or�ts acquisition by Lendsr, Borrower'�account shaA 6e �
<br /> creditmdi�tb any bal�ace remainit�tos all instilimeata fot itetns ta1�(b)u�d(�?• :
<br /> � 3.AMieaWa�t*a�ae�b.All psyraenta under paraRapRs 1 and�s�aU be apPl;ed by Lend�as toltowa: ' .,
<br /> �,J�'Y.to the m�tp�ye insvrance premfvm ta 6e paid by Lender to c1►c�Se�rttuy os to the mor.cit[y chuge 6y the SaRetary ` , .
<br /> tnsLaW of the m�fy tvonpse iasurance premium,uNess Basrower pa;�ttce cntire mortg�ge�nsurance premium whei►this
<br /> Savety Instrumen��vas aip�cd; �
<br /> ��Q'�Q.w aay tua�special a.ssessments,la�ehotd pa�ments or ground rents.a:�fre.itood and ot{ter huud insurAnce ' t
<br /> pr�iu�.as tequired; ,
<br /> ' ���o iaterat due unda the Ndte;
<br /> .to amonlzatlon ot the principai of the Idote; _
<br /> �.to 4te chu�a due uader the Natc_ , ,_-
<br /> I.F1nt.FMe/�M 01�r H�aei I�wnace.Boaovirer shall insure aU improvements on the Property,whether aaw in eaistenc�
<br /> or subsequently ere�teA.a�aiaat any huards.casuxlties.And contingencies,includin=fire.for which Lender requias insuranee. '��
<br /> ThSs i�uurance sh�11 be maintairaed in the u�c�:ats and for the periods that Lendn require�. Borrower ah�U alzo insure alf i
<br /> ' ' imDrovemes�ta on tbe Propaty.wheiber naw i-.castence or subsequentiy erected,against toss by Roods co the extent repuired by
<br /> the Secretary.AU iruuranre shaU be carsied w:��companies approved b�:�.snder.The insurance policies pnd pay renewxls shali
<br /> ' �be heW by t.enda�d shall include loss paya��e ciauses in favor of,�nd in a farm zcc.-ptabir to.l.ender.
<br />. � In the etmt of[os.�,Borrower shall pve LenQer immediate�tia by mai1.l.ender msy make proof of[oss ii not made promp[-
<br /> Iy by Borrawer.�ch insurance comp�ny concerned is Aere�y anthoriud and directed to make pa}ment for sucb to�s Qirectly ta
<br /> Lendet.iestad of co 8onower aad to Lender iol�tly.AU ar any part of che InaurAnce procads may be applied by Lender.at its
<br />_ � optioa, dlher(�)ccs the reduction of the tndebtednes�under the Notr a.�d this Securtty instrument. Grat to aoy Qelinqucnt
<br /> amaants�pplied in the order in Puyraph�. and then to prepayment of princtpai.ar(b)to the restorotian or repair af th+e •
<br /> ��:
<br /> dam�/e�d pco�erty.Any aypticat3on of thc procaQs to the qrincipai cha1)not extend or postponc the due date of�be rnonthly .�
<br /> payme�ys which ue refared to'sn Paragnph 2.or chsnge the Amount of sucA psyments.Any exces�insuronre proceeds ovu an �"
<br /> .> �awunt ropuind to pay a11 outstandina inQe�iedness undet the Note and Qhis Scrurity Instrumcnt shal!be pud ta the entity tcgat- .
<br />, ly entitkd thereto. '
<br /> 1n the event of[cszectosure of�his 5crurity Instrument er a�he� transler vf Yicte to the Propeny�hai eatinguishe�the in-
<br /> debtcdtfes�,all riahs.titte ana intece�t at Borrower in and to insntance policits in farce shalt pass to the purchastr.
<br /> S.l�e�stlos.M M�ce�ee of �.�ro�r. t.earrl�iN. ttorrower sha{l ^.c=. commit wjute or destroy, dam�ge ar
<br /> . autsst�tnti�lly chtnst the Property or�Ilow�hc Property to�cxeriorate.rruanaDte wrar and twr eacepsed.Lender may inspect � -
<br /> . th�propetly it the propeny i+vac�nt or�bandflned ar the Ivtn is in defa;:�t.�.cnCer may take reason�hte nction to prota�t and
<br /> pre�erve such v�tat Ot gbuidontd Dropetty.l f thi�Sccurity lnstrurntru i3:;o a leasch�l4.Uorrower�hvi comply with 1he provi•
<br /> bioa9 of the lc�se, tf B�rtu:vc��cquirc^, fee i�tie tv tNt i'ro�er�y.N:e(eASehotd and fee tilfe+hall aat bt nurg�d unless Lender.
<br /> a�ress tb the merger in writina.
<br /> i.t�to/orrower aN troteclbo of l.eNn•s W�bt�J�IMe Pra�erlf•I3�ta►wer shall pay all gpvernmente!or municipaf
<br /> char�.Qnes and impositioes that aro aat in�;ludcd in P�tasaph 2. 8orr��rer sheif pay Ihtse obli�tians on fime direcqy to Ihe
<br /> entity whlch is owed the pqymea�r. !f i.��.ure tn j�ay�e�?�1�:.�4Ct.iP.IV AIf�'z�.cnder's interest�n 1he Prapeity,up�n I.ender'a re- , .
<br /> ' qurst Borrower ehall ptampily iu�ioist�sc•t.ec:,;r�se�e�pfs evidencir�g these paymrntg. ,
<br /> If Borrowtr�ails to make these(��yrrient s c:r�he payments tequued by Parag�D�7.ot fttit5 to pttfvtm atiy viher coven3nls aud ��- -_ --
<br /> �seement�coniained in tAls Sceurity Instrument,ot ehat is a legal procceding that moy SignifiranUy aitcct i,cadet's righ�s in •
<br /> , the�Prc��t�ty(sucb as a pt�xeeding in h3rt�tuptcy,fpt enn!!e!nnntenn or tn entorce laws ot regulatient},!yen ixnd:r may aa and
<br /> p�y whateret i9 nK�e9sa�y t(►ptatect!Ae�a1ue at the i'roperiy und Lendtr's rights tin�he Property.inctuding payment ot taues,
<br /> haurd insuuncr and otheT items meatinned in Pu�groph 2. ,•
<br /> � - finy�unia dis�nsed�iry ien�er mr�er this�ra�f�si�it brcu�rte�a�ditiarru'r�ebt�af itorruwtr arta t�e�c�tre�f tsg tfi�s . _
<br /> . 5ecutity Insiwment.These aaiounts shall bear intereat from the date af du6utsement,at the Nore rate,�nd ne the opt�an of �
<br /> Lender.shai!be lmmed�ately due ai►d payable. �
<br /> �L 7.(;osft■��Ib�.'Ctrc presceeds ot an�r awurd or ctaim far datnagrs,dire.t or conseyuemial,in t�mne�t�vn wiib any cundem �
<br /> nation tfr other laking tif bny pazt uf tSta Property,or f�r c�n�epance in pl:cce of cundemnatinri,are herehy a•�cigned at�d sh�0 br
<br /> � pud to�.tnder to the eatent nf the full atnoutu df Ihe indetriedrtess titnt ren�ains unp:ud under the Nute and this Secunty inctru �
<br /> ment.�.eaAer shatl appfy s�ch proceeds tn the reduc�ion of rhe indehtednes4 under�he N��te and�h,y 5n-�rfip(ns�rumcnr,fi:s�«+ �
<br /> any detinquent amaunu applied in t�e ardet rovided'u�t'cu _ �
<br /> p agtaph 3,attsi then tu piep�yment�i�ti�ica;.a! Any sr�.IECatF€+a u( s.�
<br /> the proceedg to tba priacipal sha[l�a�t extenc! or pustFc�ne the�!ur dat,uf�tse nzanthl� �sayrr�rs;e•.; wt�ic�•. �trf retefir�4 c�:r�� `c.. L
<br /> Petagraqh 2.vf�fi8ng�th!amuuht of such paymenfc. Any c�cess procced�o�er ar�anwa�i[rc�uire�l t�p.►y aft�,utctar��,rr�a i»
<br /> debiCdness un�ter tht Nvte ar�d�hic Sa�rily Instrument chall br pa�d fn the entity tegaUy er�titied thc�rtv '
<br /> , �.ftt�.LcnQer may cnitc.t fecs and rhargcs autt�orited [+y thc�:uc�ary
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