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<br /> � . , � - � . � ; _ , ` � 90,."i044$4 � ,` , , `�
<br /> � ` < . ���K�.�iM L�k G'1r�e.Borrawer shali pay whm due tt�e princiDa!of.aad int�rst on.tRe de6t � ` �
<br /> . e+ddeaoed bl►t1x Note and Istr char�es due under thE l�otc. � � , . ,
<br /> � �•�t/M�f 1�eaM�alTi�q.t�w�ce ai Q�er�.Sorrovrer sh�ll iQClude ist ac6 monthly prymrnl;tosettrer with \- �
<br /> .` tbe pdeeipd and iatrrat as set fortb ie t6+e Nateiad aay 4ce char�es,an insWlmeat of anY t�)ta�e�aad s�eci�l essessmeats .
<br /> �: kvief!a ta tie ievia!a�ainit the!'ropeYty.ib)tasehotd .
<br /> - - ��� - -- --P�Y�ts or Fauad reats an t�s Frotxngt attd�c)Premiums tvr . -- -- . . . . - . -
<br /> 'F.t�re�4- --- --
<br /> . Eaeh moietbtl ie�talFment for items(a).tb)and(o):hai1 oqwl one-nvelfth ot tDe u�nu�l amaunes*as rrasorutbTy estimrted by � - .^ .
<br /> _ t�de��!�aa�neount suffKiaM to�aintafn�tn i�ddltional baTtnre of aat�are than one•sixtL of thr estimated�mounts.The � '
<br /> . fua anewl�tnonnt for acb item�u11�e�cumntated by Leader anthin a Pu►ud eadi�ane manth before�n iean.wo�tid . .
<br /> _ . . 6e�oa�edeiiaq�t,I.ender�boid the amouna calkcttd in trust to p�y items fa).i�)and(c)befon thnrbeeame detiaqumt.
<br /> . If��qy timt tbe totat of the ptymeats 6dd�y Lender far itaes(�).(b).tnd tr).t�Eatui�rtt�t[te future mont6ty p�yments �
<br /> • . fa wd�items pays6k to[.cnder pr�or to the due dates of sach items.excao�s Ey more than ane-sixth the estimated anwuat of .
<br /> : D�l�+te4uired to IIaY such.iums whea due.�nd if p�ymeat�on the Nutc are curreni.tlien LenQer s6�}I�either refund�he .
<br /> ,. ; i exoeu�oba one-sixth of t6e atimtted paynxnu or credit the ezotsa aver oue•sixth ot the atimsted payiuenu co su6seqQent , .
<br /> ; , P���bY Bocra�.at the option ot Botra.ver,if the wal af the psymcnu made by Barrowrr for item(�)�(b).Qr(c)is
<br /> �alt'ieieat to p►Y die ftan�rheR Eue,thee Borrawer shaA pay to Lender any tmaunt aecessiry co ms�e up ths dettciency on or
<br /> . # , beftxe tba dae tLe itea�becAmes due. -
<br /> ' • : 'As u�e�in this Savrity Iastrument,"5ectetuy�*t�pns�lt�Secret�sy ef Nousin�aad[Jrban DercloQmens ar his or het .
<br /> . � �.Most Sesuriry Instrumtnts ins�u,ed gy th�Secraar�;are insured uader ptop�ms�Aich require advance payment of ihe
<br /> ; eattre nart�e insu;ance preaainm.[f this Sesurity Instrument is or was insurcd u�der a pFC�ram wlucA did�roe reqttite�dvaace
<br /> • ' pymentof tl�entire raortp�e insura�ce prrmium,�hen eac6 monthiy payment sMll slso include htAer:(7 aa instalinrent oP the
<br /> j ���i��premium to be p�id by t,e�Wer to the Sc+crts�ry.or r�i)a montAfy chargs.instead oi a rnortga�e '
<br /> iwsutst�ce premtum if thi�Sccarity Instruraent is hetd by the Serrnary.Ea¢h moruhly instWmtnt af the mortg�ge ipsurance '
<br /> : �e+e n c ium sbait be in aa aa�uunt sa fficient to�ctvmolate the full annual mongsgt inaorance premium witfi 1,.ersder one month
<br /> ? psiat to the�t�e the full innwl mortgage insutancc premfum is due ro the Secretary.or�f this Se�c�rity.Instrunt�nt is held by the
<br /> ;, Secretary,c�z manthly charte sfwll[x in on t�mount equal to ane-twrelfth ot onahatf percent of�he outstar�ding prirtcipal
<br /> �.e d�e+�the Note. ,
<br /> . . ��Bor:a�rer trnQers to Lender the gull payment of atl aums'secorrd by this Security Instrumenf.BonowePs�ccount shall be �
<br /> ctadited+� 16e balurce remaintng for all instaltments far items ta). (b)aad(c) and ang mortgage ittsur�nce premium •
<br /> , ins.atimcat�,.st Lender has not become oblig�ted to pay to the Secretary�and Leada shall pra��tty refund any excess funds to
<br /> Hortvvtu. C�.tdiatety prior to a foteciasure sAle af the Praperty or ita acquisiUo»by Lender, Borrower's acwount shali be �
<br /> ; cssdited w�T��y balaece rem�inin;Por aIl Installmeats fo�items(a).(b3�r►d(c). �
<br /> 3���ita�s et h��etb.All payments urtder para�raphs 1 and Z shall be apDlied b}Lca�a as follaRS;
<br /> , ��ta t3e mort�e insurance premium ta be paid by I,ender eo ehe Secra�ry or co the ir,:�mthty cbarge by the 5ecrecary
<br /> iastqd ot tht rtsonthiy morty�e insuratkx premium,unless Bunower paid the eatire mortgag�i��surance prcmium whrn tliis
<br /> � Socudcy/asrr�ttenc�vas s��;
<br /> 'SLCON- p,to any tazes.special assrssm;rits,IraseholQ payments ar ground rems,ar�d fire.fTood anA pther hazard inturance ��'�-�
<br /> . premiums,as roqpired;
<br /> • .to�nterest due undcx the Nate; `'r`
<br /> .ta amonlxadon of the principal of ihe Note;
<br />: �,to l�tc chu�es due under the Nase. :;.
<br /> ' 4•F�.�7��a�ee N�as��iwwr��ee.Banower shaU lnsurc all impr�vements on tt�e Property,whether nuw in e�istencc •
<br /> ' �aubsepuenily ereeted�a�atnsE any hazuds.cuu�ltity�and contingencies,including fire.for which t,enQer ra#mirea insurance.
<br /> .; �Zfs Insurutee aha11 be mstutained in.the nmounts ar.� far the periexfa that L.e�?�r requirq. gorrower sTtai3 also insure all �_
<br /> •� frnpravrmenta an!he Property,whnher naw�n e�[is;e.,ce ut sub:sequenAy erecsed.a�t;ns�toss by t3oods ta the ratent rcquire�by
<br /> � thr Secretary,Atl in�ttrar[ce shal!be carnal�+vith camDanies approveQ bv l.cndtr. 7'he iusurar,tc��licies and any renewate:;:;;J
<br /> ' be hdd by L.endet and sfial!inetude loc.ry.r�bte clauses in favor Ut. and in a f:ar:n�cceprable ca. I.�nder.
<br /> , , . ln the event ot loss,$orrowe►shat!�ict£.endcr immediAte nut icc by mai1.[.er,�c•may make ptcu�f af toss if nct maCe prox^pt-
<br /> ly by Bortower.F,ac11 insurance company coneetneA is hereby authorized and d�rra d ta make p�yrr�ent for such tos�directty m
<br /> Leader.instead af to Botro�er and ta l.enckr jointly.All or any p�rt nf the insuranie proc,�eds m�y be epplicd by l.errcier,at ic�
<br /> aption„ dthet(A)to the reductian of the indebtedness unQer the t�a.�e and this Security Instrument, fir�t cn any Ce>ir.q,�crt "
<br /> amounts�pplied in/he order in Patagraph 3,9ltd then to pupaymene of princip�l,or!b)to!hC rectoratiad or rcpau cf��e
<br /> dam�t�d properiy.Aay applicatian of�he proceed9 to�he princ�pa�:n�ll no•t cxtend ur ps�stpunr thc due date c f:1r sr.�:Mt;ty �•
<br /> payments whi.-h arc referred i.o in Paragraph 2,or change lhe amount of 4ucb p�ymrr�ts.Any excess�nsu�anee prr;�c;ed`ov�r an
<br /> , at�Ot�et teqtured to pay al!outstattdic�g inQebtedness und¢r the Kate an�1hi�Secutity Instrument ahall be paiA i�a t�:e entity tegut• ���
<br /> � , ly c�ti.tled the�eto.
<br /> In Ide ereztt of foreetosure of thls yec�tity lnstrument ur othcr trnn+fer of title t�Ih� Property �hat extingui5hes �hc ,n- '
<br /> • debtednes�,�fE rijTtt.�itfe and lnterest cf Borrowtr in and to insurauce�x�hcee�m f�nce shall pas�to�he�utcha4er.
<br /> S. lnnnv�Uos.�e Mai��n.ce ot ik p�o�enr. Le�e�olb. purn+wer �hall not commit woctt ot dcsuvy, damage ur
<br /> substAntl�liy chanae the Property ar a11ow�he Prnpeny to dcieri��nte,tcatunAbtt weu and;ear excepted..t.endtr.may in�pec�
<br /> � � - �hr Droperty it the�rope»y is vaunt or abzn�ionrif br�hc loan�e5 in drfuult. 1 endei niay eake reasonable uctron ev pratect and
<br /> pteserve such vaGant or aba�l4oned proptrty. !f thds Security fastrumem is an t�leasehuld.B�rrUwer cha71 curnply with the prov�-
<br /> sions of the fase. If fbnawer acquires(ee t►tle ta the Pruperty,thr tea�ehotd and fee title shall not be merged unlss+ i.ender
<br /> asra�to the cneraer in ariting. �
<br /> s•[%�a to folttowt��►ra�teelb�of t.r�On'��Yts ts Ihe P�nreHy. iiurrowct shall pay ull g,civcrnmentat csr municipai
<br /> char�.flees�nd impnsi:i6ns that are not incfuded in f'arr�roph Z,Ilurrower ahaf!paY thesr a6ligatio.ns un li4ne d�rectiv tn the
<br /> entity whkh�s owed the payment. It faalurc ta pay would adveruty atfe;c Lender't�u►erest m the F�a,perty, upus+I.cuc3e�'s re
<br /> - quest Borruwer shall promptly furnish to I,ender rece�pcs evidencu�g thae pa;mem�.
<br /> • IC Bortoxil f,�ils to�naiie:t�c�e payments ur thepaymtnts reyui�ed Ay Paragrbph t,ot fdi11(U perfnrin any plhc►Cu�en;�rlts a�td r..__�:-.-__:
<br /> asrament�containtd in this Securily Instrurttsnt,or there iy o tegel prnceedirtg t�at may s�guili�a�Hfy af(ec� 1 cndcr's rxghrs ut
<br /> tl�e Ptopetly(such as a praceeding i»6�nkruptcy,for condemnatiun e�r to enfertce taws or regul�huas),�hen I,ender uiay�fu aiuf
<br /> p1y W}F;L�Y�i�9 ft('�CS$�jy(O j}IOI[CI IRC V�{1C U�fI7C PfO�fIY 811E�I.QII{Iff's rights�n Ih:Praperty,�nclusling payrtieid�s�ta�c<,
<br />. hatAtd insurance and oiher items mentiontd in Pa�agraph 2.
<br /> _ . Apy am0IU1t9 disbutse�by lendet_uttder Ihic pnr��;�s�a!!�:�ar.a:,�iti�z�a{�E;:�.�fivsrc*wrr at[cf iTc�f�i TTytT�: '- -
<br /> . Security (nstrument. TAese amounts shr�ll beai interest fram the daie ut cl�sh�rscmcnt,aE che N��cr r��c,an;f ar t he u�t�on ut ��
<br />: Lender,shal)'be immediatety due anQ p�yabie. � �
<br /> �� 7.Co�dtetUtloa.'1'he�+rweedsutan�raKaidot cl�in►larcfanzu�e�,d�re�.t c�riE±ncequential,�n�u�:;r�tt�}�f»�th ar,s«.ndttz;
<br /> natian o:o�htr�aking of any put�l the Ymperty,ot fpt evn�tyarce�n place e,f cnnclemncuiart,ate h:tri��a�y�gtled and�tia�t h;• ,i►
<br /> p3id to Lendet to thr tatent Af the full umourit uf theindehteJness that rcrr�air;;unpa�J un;fr:thc f�totc and irti.Sr,ur,« [n�trt, tw
<br /> menl.l,rn�er ahaIl aDaly such proeerds fvlhc eedu.4�on c�f the indet�tcJnrsS w�Jet Nre Notc ucid thtic Sc.uru�in,uur+.fent, iir�t+�• ��
<br /> sny detinqutnt amovttts appliEd ia the otder pruvi:ted in�'aragraph 3,arid thrrr tv c+repa�mes�t��t t�r�u;�p�1_A�iy a�,�,l:.,se�<<n<<t _�.
<br /> thC prOCeeils t�r tht ptifreip2l sfisl! nU: t�[enf3 trt �ostPvnc tht �#uc datc r�Y cne r��nr,i�,tv GY:�4:ncr���, kfF�.be are t�terrt�. t+. .,. �-
<br /> - �dfilgt$jbt71.ar change[Ji��madni afsueh p�yment3.Ary care<�prfscee�+.c�,trt�tr.am�-�ilnt !Ci�1r�tCtt iC�jL� ,llt f�tli ci.l(��IE'1�!�t -
<br /> de�i:edntcc under the�vute und rh�s 5ccuri[y tn.ln�:i�ent chati he r��d c«+t:e:a,f�±: tceattc e+�i�i!�,; tt;escr,�
<br /> �.fees.le��dar inay cul►rt-t fees and�hargcs authart�cil by'�h: S:�rer:;r. ��
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