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<br /> .. .L!�7►�t etlrYB�l,I�Ie�at aiM LNe Ci�.Borrow�sba11 pay when dna the,prinapal of.ana mtereat oa.tfie debt ` . `
<br /> . evideoo�hy tbe Nae and!ue`char�es dna�undet ths Noce. _' , , . ,. .
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<br /> ' 2.M�NM1f!lpie�b�f Ti�a,4wrs�eeiud p0a�a:Boaorrer shaII indude in each moattilY P=Ym�nt.toyetlur�rith . ' .
<br /> ,; the PE3adPV aad tnurat as set forth in the Note!nd aay Iate ch�es.an iau�immt of anY(a)tau,s aad apecitl�ts � ,
<br /> � ,. � - � � - - .—
<br /> l�+vied oe�tQ bs.k�risQ apiaat ths Propest�r.{6j�hOM paymea�is os�onad reats oa tkc PraPettY.�as��F��e�ainms�or
<br /> , . _ inauraece re4uk�ed.6�Par+Qaph 4. ` . . • , . . .
<br /> . F.arJ►maantLdY i�qa�ene fa items(s).tb)aad(a)sml!aN�f one-twdftb of�he anuutl unaunts.as reawnablSr atimated by . � ' - �
<br /> ' L�eader,i�aa�uat wiGcieat to matntatn ae additionr!b�taaoe of not mort tlun oae-sixth of the estimated amamta.TLe � . .
<br /> .. � fuH��nl amouot.for-a�cL itan abal!ba acx�unutateQ bj►t.ender pithm a perind eadiaj one�onth befara an item waluW ' .. -
<br /> . .j ' ` ` 6ewo�e ddio9amt=Lea�ler sbali floid the amaiQu colkcted�n trust to DaY items(s).N)and{c)lxfofe tbeq 6ecome ddiaquent. . .. � .
<br /> i. ` tf u�ny time tbe tota!of t�e PaYmeata Leld by Lesder for iteats(a).(b),}nd.(a).ta�wItb the fuwre montlily.pynteatt , -`
<br /> __ ------- - -ter��.rr�r�r�t�.�.�..�t...w�Ma.�ngs��i�raeeedf�y.ama�tzi�txr.ae=�:tts���cls.��af -- - =—
<br /> - �-����.�r�- -------,.�_...�,.1,.. - — - -
<br /> � , Ml►meau r�t�red to WY:uch iteao�when due,aad if p�ymean on tbe Note ue curc�,t�m Leader aIia}i eitber refuad tbe �
<br /> _ � e�cest ov�a one-siaKh ai the atimatcd psyments�creQii.the e�ccas over one-aixtb af t3�e.estimttcd papme�ts tu st►biequent ` ` ' `.
<br /> . � �t3�#s bT Borrasa,u the aptian of Horto�r+er.!f tIx totat of thc paymer►ts atade b9 Barro�ver fot item ta).tbb or(c)is
<br /> . .�aie�t ta.�r t�e itsm wrhm due.thm Harrawa shall psy to Lenda aay amount n�cessar�r to make up the dcf�Cicacy on or -
<br /> ;. . 6e#'ose tbe date ths item becames du�e. - . : • . � . . , . , '
<br /> < �As utad in tlds SaesritY�Nment, "3eatitssY"meaas the Seeretuy of Hatuing an�Ucisaa Ue�rrto�eat or�is or tier - � • .
<br /> . d�c Mo:t Serutity Insa�menu trsured by tb+e Secretary are insnred ander P�8���ieb require a�tvance paptaeat af the �
<br /> ' entin mbctp�e ia��remium.If this SavdtS►lnummeat is or.vas ins�sed ander a proat�m whkf�did a�raqnire�dvaace �
<br /> • OsY�t:�f Else eai�s�.ost�ette i�sa�e gsrmitim,thsa each moaih-IY FaJ�ts�a1 aiss�i�ud�eiihs:(i')za ias:�a�.�t'ot the , .
<br /> ' . annuat mottsa�e�traact pt+emia�to be paid by.l.rnder ta t6e S�tetary,ar("u'�a nonthty cb�qe iastad of�afortq�e.
<br /> � i1�ar�aae Dremhtm ii tbis SecuritY Iastmmeat is heJd 6y tDe Sr,c��tary.Eadr ataathly_iustaltmeni of the mortg�e inswiu►oe _ � � �
<br /> - ,psrminn�shtD be Ia�t�amo�snt auffuient to accwnutata tl`�e fu13 annwl mort,g�tse insurance premiura r�ith Len6er otse month
<br /> � • prlor to tIie date the ffnii annutl murtp=e tnmrance premiam is due to the Se�etary;or if this Savrity Inmiiment is lie2d 6,y ihe
<br /> ' Sescet�ry..acb manafi�r chaqe shail be in sui amount cqual to ane-twelrt�'i►f one-hali pe:ceat of the auatanding principal
<br /> . batanee due oa the Note. � • � •
<br /> � It Botrnwer tettdere to Lender the fuli ptymer�t of ali sums sceursd by this Security tnstnrment.Borrower's accaant shall 6e .
<br /> ' , craUted MiW tbe bal�nce remalninj f�s all installments for items (a). (b) aad tc)and�ny mort�a�e insurance Dremium .
<br /> ` insWtment that Lender Au not 6ecome obli�ated to pay to tbe Secretary.and Lender ahall promptly refuad any excas funds to � �
<br /> Barrower.Immedistety prior to a forectosure�aie.ot the Property or ita acquiution by Lender,Hurra�er's account ahall be • �
<br /> , � ctedited�vviW�a7r balaace remsiNn=!or all instsIInknts t'or itertis(�).(b)md(c). '
<br /> 3.A//ifatlM�t r��snir.All payments undtr pu�rapha i aad 2 shall be appiied tsy Lendet u follows: '
<br /> } '�.to►he mort�e it�ureuce psemium iQ�p�id by Leadcr ta thc 5ccretary ar ta ihe monthSy rharge by ttu acactary ' ,
<br /> Instad vt t h e mon t h ly p�o R�e i naur�nce premium.un tess B orrower p a i 0 t he entire mort�aae insurance premium whrn this
<br /> � � � Secutlty Iastrummt wts si�ed; :
<br /> ��j�Q,to any tues.apecial usessments.leasehotd payments or grwnd rents,And fire.tlood and other hazard insurance
<br /> " premjums.at rtqui[ed; ,
<br /> �j$Q.to inurest due under the Note: , �
<br /> �g,'�.to a�nortiratbn of the principal of the Note; ' _
<br /> �jj�„to luc►pu�d due under)he Note. � ,
<br /> , 1.i7ro.I�l�a/Y/Otrer Hane�l Iwra�o�Bosrower aha11 insure all improvemes�ts on the PraDerty,whether now in e�istence ' � � y�
<br /> , or subxqueetly eracted.a�ainat any hwtrQ�,casualtie.a,and contingMdes.includlns fire.tor which Lender re�uires Insurance.
<br /> This insurarice sha!!be maintained in the amounta and [or the periods th�t Lender reQuire�. 8orrower sh�ll also insure all
<br />. improvementa on the Property,whether now in existrna o:�ubscqnentiy crected.a�ainst loss by ftoods to the entent required by
<br /> a
<br /> the Secretary.All insuranee shall be canied with compank�approved 6y Lender.The insurance pot#cies And any renewats ehsll � �
<br />' be heW by l.ender and shail include►nss payabk cl�uses in favar of.And in a form acceptabk to.1.enCer.
<br /> in 1he avrnt of loss.8arrower e6a!!pve Ltnder immediate no�ice by m�il.Lrnder may matce proat ot tass ii�ot made prompt-
<br /> . t y by 8nrroNer.Eseb insntNnce comprttp coacerned is hereby authotized ond directeA ta make payment for such toss dira�tly tn
<br /> Lsnder,instad of to BorroMer anQ[o Lender�ointJy.Al!or any part of thr insurana proceeQs may be applted by Lertder.at its. '
<br /> option.eithet(�)to the aduction of the indebtedne�s under the Note and�his Security fnstrumcnt. fir9� io any detinguent '
<br /> ittfounb applied in the order in Parajraph 3,and then to prepayment of pdttcipal,at�b)to thr restontic►n or repurof the ,
<br /> damqed property.Atly ippliCallon ot the ptoceeQ�to the�.+*incig►J a�no!extess�t►e CoSlynlse tA:dar d.te at thc nanthfy '.
<br /> . paytnmu which are relenM to in ParagraDh 2,nr chanas the amount�f s�h payments.Anq eacess insunnce D��eca�aver an ��
<br /> �tnount required ta pay aU outstanding indebtedness unQtr the Note anA this 5ecurity Ins:rr:;nent shail be paid to Ihe entity tegal• �j�
<br /> ty eetitk4 thereto. ,
<br /> I�the event of Porccb�ure of this�,,'ecurity tnst�ument or other errnsfrr of title to tAe Praj►erry thzt estinaui�bes thc in• •
<br /> debtedaes�.tli ri�ht.titte nnd interest of�otrawcr in and to ingwanct pa;:nes in torce shail pass ta th:purchaser.
<br /> S. �nsenatlw� M�te�ue oi IUe trafertf. I,t�Noib, �iortowcr shali not cc:�mit uas[e ot destroy. d�m�ge or
<br /> � aubttaati�lly chat►Ze 1he praactty es al3ow the Praperiy ta dtte►iorate:reasonabts wrsu ar.d tcu ezccpteA:[.tnder may inspei.n � � � �
<br /> t6e property it 16e proprtty is vYCant�r abartdoncd or the laan i9 io default.Lender n�oy t�i�e reasc�nadte action tu protert artcf
<br /> ptete�ve.sucA vacant or abandoned psaperty.!�this Security Instrument is c,n a ltasehotd,Eorrower shaJ{compty witA the pruvi•
<br /> sivnf of the(ease. If Borrower acquires fee litie scs tAe Proptrty.the Itu�Ao:Q end fcr titte shall nae?+e merged unles�i,ender
<br /> - ¢�ra�to the mer�er in wrltin�.
<br /> f.I�Ier Mrr�wer�M r�e�tUow vf I.ts�[r'�!lINU t�Ire ho�erty.Elnrrow•er s"..:.:pay aIl governmenta!ur muniripal
<br /> Chtute�.lints and impos�dons tR�1t nte rtat inctuded in Perngraph 2. Bottower she11 pay these ubJigatiot�s un time ciirectly to the
<br /> tntity whieh is owed tt;e payfnent.It failure tu pay would r{dve�uly aifect !.ender'ti inletest in the f'rc�yeny.upo�Lende�'s re-
<br /> Quest�otrower phW grompUy furnish tn Lepder reai�tts evidencina�hcse�r�yrrcenes. ,
<br /> It$ottnwet faiLs�o make the�e pay�menu or�he paymtnt�ctt�uired by i�uagtaph 1,ai fai1S tv prrfarm any other covenants end
<br /> a�tetaunts aontainrd in this Security Irtsttume►tt,ar there is e Ieaal procre�ing that may signircantly atRc!l.ende�'s reRhts in : -._�-
<br /> Ihe Propeny(su:h as a proceeding in ban4�uptcy,f�r coademnation c�r�v ent�rce taws ar regulatiansl,then LenQcr may dn and '
<br /> piy wh�tevet is necessary to protect the v�tue of the Nropetty and LrndePs tigh��In�he Yrapeny,i�iduding payrtient t>f tiues.
<br /> h�tzard insucance and oiher items mentinned in Pau�raph 2. .
<br /> -- Risy aits61tnt3 ai4Giiis�dby icndrr undrt t1ti.9F�[tzgraph shaA bes;arr►e on ndditiunnl debt nf fforrouer:wd be se�ured hv�h�s '
<br /> ' 3srariig instrumrnt_'7ntsc amaurt�a sI�II 6car Intetrsi frvm trie d$te ot clisbu:ssmcas,at the tVu�e rate,end at the uptinn aE
<br /> L.endct.s�aif 6e immcdiately dur artd pavabte. � � � t
<br />' 7.Cotwtiir�itb�.7he prwr,cds uf any ac�ard�r claim f�r damagts.ditCet ut ronqer�uent�ai,n►cc�nnection witb anp cuudertr� �
<br /> E nntian ar athec takirtg ot eny pats rI the Prc�a_rty.�r fcfr cc+ttvbyancr in pl�ce of crr�den�natit,c►,ruc heteGp as4ignee!and cfrall he
<br />. �aid w Lroder to�ht extent af the foll am�.unt uf the indehtedssessthat�erriains uapaid undsr�he Notc and Eh�ti Se:.urrty tn;iru- �
<br /> mtnt.[,ender sh�ll npply such prucccds ca the redurtion c�t the mQebtcdncss undrr the iVo1e and this ti;�ut�ty lristrument,first ta R`"
<br /> any dcllrt;{uent amuunt�sypiict!in t#te urdrr provicicd ira Paragraph t,ar�d ther�tv�+xr�eyrrrcr,t fit rnnn��i. 4nv a�pir:rte�or:r.f �
<br /> • eF:e psa£�t(�S I{►EAC�3itfitijTdl ShBII tTOE C+lifft(}Cif bOSf�iOflC ffi�aaC�BTf C�f tITC{7:(3Tli}l��3�tRffTlii, ai��if1�e �eieiied fu iii �}
<br /> • f'ar�rePh 2,or chnnge the flntnunt oF sur��p�}ment�. Any ei�`cws nrucre�7y oLts�n amount reyuireci f��t�;1Y U�J(�LS<<YattclmK iu � ''�
<br /> dtblcdnc�s untf:r the N��lt ulyd IFt«tie�urity Instrumenl shall he p:�t�!ir_��hc cc�t�;} icgaliy ennfi,d tGe�ctu ' `
<br /> b,t'ee9. 1 encttr tn�►v coilC.;t fcC:dnd cl�arge5 avfhuF(ltl�bg the S�er¢tary
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