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<br /> � . ' j �.rs,f..n.r�h.er�i„r.�t.ar�I.ve c�.Ae.9oao�►a:eaU p.,�v�en ave t�e prInctpl ot�.na in�erest oa the asbc ,
<br /> . z , . erl�eaeid b�►tbe l�ate ard lau cbs�ei due tinder tbe Note. . � . � . , � . . ,
<br /> i � . � . , . .
<br /> � �.W�lf►�KTs�w.Ii�ea�s�i O�i�r(i�:�orrow�sha11 incTak 3a acb�monthh►psyment,to�ether.vith -
<br /> j tibe p�ncip��!�a�aet foct6 i�the Nae aad�ay tate cts�es,��t oi aaj►fi)ca�s aud sp�eci�i as�ents �
<br /> __� _= . ,. .�'Ieile�ar to 6e leried_api�_!tie-Pro�esty:4b�[ra�e�o�d p�ymeat�a��msend reats on the �Prapen�r,�rad{c}premto�s for � . =-��
<br /> � � ' ���►��4. � ,
<br /> r . Eac�aw�e�t7 L�aAs�e�t fa tcaos(s).(b?aaa(c?�Ld1 aival�e-twd�th of tbe anawt amoants,as reason�bh►aaimated by � � �.
<br /> • � ; ��de�D��wma�et wffi 'c�nt tamaimrais an�ddfafa�i baLnoe of aot mare tHan one-sixthaf tbe e�tinLted ara�ats.The ,
<br /> ,fi�l�w�l'a�E fa s�i itaia�be aa� Leedes�thin a Oeriod eadiat one moatt�Defcre aon item�vould °
<br /> .'- <:�' ; � '6eaaoe ddbq�t.La�dei d�II hoid t6e�moanta�rollate�in uu:t to Pap items ta3.N}aad(c)before tie9 6ecomeAdiaquent. �. ,' ! `
<br /> ;. ��� � � � Ii�t ay►tiwc tlu total oitbr . , . .
<br /> ' � fos ss�s�s �hdd by l.eader for itaoos{a).(b).aud tc),w�ether�vith tLe future monthtSr payments .
<br /> ----.} ;_ p��bie tc�.ea+der�soc ta ilse d�diie��f such ittass,rxeced:by��at tbm v�sixtb tar�.�oumt of , -
<br /> � ' � P�7���to psy�ach itm�s�rhea du�and if pa�raients on the Note ue cument,�ea I.ender sh�il dttxt c+e�the " � .
<br /> - ; t , � � . ercr�ay+et aersuit6 uf tLe atimsud ' ' �
<br /> g�yme�n or aro�Gt t.�e ae�ova ant-sixtb of.the�ted g�pn�ats to snbdquent . .
<br /> : �` . DU'�b!Barawa.at tbe opBon of Boirower.�U tLe taC�of i1�e payments made vy Borro�er fa��em{i}.(bl,a(s}is • �
<br /> � , im�aK to p��ei�wl�a du�tHm Bo�a+�ers�li pa�#a#.esdet WF��ocusary W�nP tl�e de�r on ot
<br /> befolr tbe dMe tLe iEn�t beoo�es dne. .
<br /> ;. - . - ° As n�ia ti�k S�it��lastrum�t,"••Se�,rnans tbe 5ecretary of Hotuin�aad Urb�a Deqebpmeat or hia or her . . _
<br /> . � de�ee•1�SoK Secvrit�Imtrnmmts imurcd by the Samsry ar�e ins�ued ander Dro�a�s�rhich ro4nire advaace payment of the . . ,
<br /> --- ...---` � ��i��Ae�um-Ut1�is SeCUt�t�t iust*�+�'++��S ot was insated under.a pcoacatn wbid►.did not rcquirt�dva�soe
<br /> �- , . . pa7A�t of t6e eatire miutii�e inwraooe premion+,thm acb mouthty P��ent�all tlso tacludedtDu:(�aa insta�neat of tlu .
<br /> .. a�l maqye ntaumoe prsmiom w 6e paid by Lmder to the SecceturY.or fd}a montiilY chuye iastpd.of s mortpje
<br /> . � F �wr�sa pcweiam it t6is Security ImErameat i�betd iry the Se4Tetary.Each montht�r iastaltment of the marty�e inutnna ' , :;
<br /> w �, � �emh�m s6a11 be in ao amount auft3dmt to aavmWate the fuU aunusl aiortpjt insuraoce premiwn w�th Laider one moptD . •
<br /> ; Otior to tLe d�te the fuU aimaat mortp�e Luur�e p[emiuia is due to the Sec�retary,or i�f this Socaiity Instrument is held by the �
<br /> � � i� . , Se�retary.each a[6uthty cl�trZe aita�be In aa�amount eqnal to one-tweiftb af one-h�1i percent ot.the outstandta�pdnc[pal �
<br /> � ; b�l�noe due on the Nott. , ` , ' , .
<br /> ; I!Borro�rer tendni w Leader tbe full p�yment of W sums secured by ttis Sec�shy Iastrunaent,Borrowu's a,ccount ahW be �
<br /> � ! creditod�rith tlu baLace r�for W instailmenis tar furas (a).(b)aud (c) and any mort��e insurana prertuum
<br /> � inshWneut ti�t Leader has nat become o6lisated to pay to tlie Secretary,�ad Lender s6aU prompt/y refund aAy atcess funQ�to
<br /> ! . 8orrwwer. immediatety prior to s foroclaure s�le of the Praperty or iu acquIsition'by Lender. BorroMer's accoimt a6aU be _ ,
<br /> � credited�rith wY b�ce remaiein�for'W instaUments for itea�s(a).(b)and(c)- • -
<br /> � � �.A/�iia11�ot P�HIU All piyments uilQet putaraplu 1 and 2 ah=ll be spDUed by i.ender t�folb�ra: �� •�
<br /> ' ! � FIB�.t0 the awrtpje tasuraace premium to be paid by Lender to tlu Socr " � ` a
<br /> � ie�tead of the mantbly nfortpse ipsnrana premium.antas BarroMer �or to the monthly charae by the Saretan► , -�
<br /> ' Se�ur�ty Instrument�s ai�od: • P�the eatire mort�e ir�mcx prem3IIm wuen this ,�
<br /> � �,S Q�.to iny tues.apecW asseumeats,lasehotd pa►yments or ground rents,and flre.ftooc!and other harard insurpnce � �
<br /> E prsmiums,as re4uired; -
<br /> �$Q.to lataest due unda the Notr. � �_�
<br /> .� �.to�mortfntioa of the pdndp�l of tbe Notc; . __
<br /> $�.w I a t e ohar/a due ua6er�6e Note.
<br /> � '` 1.�'Me.FYM aM O�S�i I�wea�es.Bonowa ah�ll insure all improvsments on tAe PropertY,wIIether now in atisteaa -
<br /> '• � ot sub�equendy eracted;�i any Wurds,cawaities,and contingenda,includiqa fire,tor which Lender rcquires i�urance. �
<br /> 'i'his insaraace ahW be malntained in the amounts and for the periods thYt Lender requires,Barrower sh�ll atso isuure all 's
<br /> � imyrovements on the Praperty,Whettur noM ia existena ot subsequendy acctod,�ainst toss by flood�to the extcnt rcqnirod by
<br /> 4 be h We by�Lender and ahaU�ude l�����m�ies approved Iry Lender.Tt�e tnsuraace policies and any renew�ls ahall
<br /> , f psyabk c?au�sea in favor of.and in a Porm accepuble to, Leader.
<br /> � � � In the erent of lou.Bonowtr ahal!�ive Lender dmmediate aotice by mail.Lcndtr may make proof of Eoss it not m�de D�omnt-
<br /> , � ly by Borrawa.p,aCb t�uuranoe compay wacerned is he�eby authotiud�ad dkocted to make piymtat for sucb loss directly ta
<br /> � I.endlr,faitad ot to Borro+�rer and to Lender jointly.All or aay put of the insurance proceects msy 6e aDplied by Leeda,at its
<br />� 1 oqlon,dther(s)to the reductlon ot the indebt4dnas under the Note iutd thf�Security Instrument, first to any deliaqutnt
<br /> � aawueu�pplied ia the order in PuaQaph 3.and then to prep�yment of prin�ipal,or(b)to the restorat�on or repair o!the
<br /> � damyed propaty.Any ap�licatbn ot the procads to the principal aha11 not extend or postpone the Que date of the monthly , �^�
<br /> � WS�w Mhkh are referred to in Paryrap6 2,or chanse the amouat of auch paymento.My excess insuru�ct proceeds over an ��.`�
<br /> �unount roquired to pry aU outstandin j indebtedneu under the Note and tfils Security Instrument ahs�ll be naid to the entity leaa!- '�'�
<br /> i ly encicled chereto. .
<br /> ; Io tlfe erent of toretiosure of this Sccurity inatrumrnt or other tranafer of Btk to the Property lhat eatinguL�6es the in- •
<br /> ' debtedneu,all rLtht,tltk and intecest af�8arrower in and to irtsurance policies in fotce shall pnss tothe purchassr. �
<br /> ) 3� r�w�e��tlo�+�i Ma�wee M t�e�re�erty. Lt�etioW. �orrower sh�ll not cammit waste ot Qesttoy,dam��e ar •
<br /> � wbstantlWy chan�e the Propeny or aibw the Propertq to deteriarate.reuonabk wcu and tear excepted.i.ender may inspect �� � �
<br /> � . the property�t the property i�v�csnt or ab�ndone�or tAe loaa i�in default.l.endei may ake reuan�bte action to protat aed
<br /> , prextve aucM vaant or abandc�ned property.It this 5ecudty Instrumeet is on a kasehold.Borrower shill comply vr1tA the prori-
<br />. sia►i o!the kde. Ig Banawa acquire fee tiife to the Property.the teasehold and fa titk shall not be mcraM untas Lender
<br /> it�rea to tbe mer�er ln writlnj. . •
<br /> ' ' � i.CWt�es N i�mw[r aM�eMcIN�of iRNer'i Ri�d�Oe�n�My.Bonower sh�ll pay�I sorernmenW or municipai
<br /> ; ' ch�r�es.tines�ntf impositiv�s th�t ue not inciudM in Pua=rsph t.Borrawer s6tlt pay these abli�tions on time directty to the
<br /> . mdty whlch is o�red the psyment.U t�itua to pay woald aQvctsely atfect Lender's interest in the Property.upon Letede�'s re-
<br /> quest BorroMrer ahall promaly tumish to Lender receipts evidtncins thsse payment�.
<br /> 1!Barrrnrer f�ils to ma�e these p�yments or the payment�requlred by Puyraph 2.or fai.l�to periorm any other covenants and ;_�---�----
<br /> �yt0eutents conhirted in Ihit SecutitY lastru�tent.ar there is a(e�l praceeding that may significant[y affect Lendet's ri�hts in
<br /> the Propttty(aueh as a ptoeeedin�in 6mtuuptcy.for condemnation or taentorce I�ws or reguiadons),then Lender may do and
<br /> pay whatever i�nects�ry to prottct!6e vaiue ot the Ptoperiy anB Lcnder's rjghts in ihe Property.including D3yRSent at taxcs, �
<br /> ' haurd ituur�nce and other items mentidned in Puajr�ph 2. , �
<br /> --_ � �riy,aiiou�s d'ubwsezi`vy feader under this�asagraph shali become an addition�l deb!af Borrower and be stcured by this � '
<br /> � • Securtty instrumeM.1'6esr�mouitts ahall 6eu interat fro�the dau of disburaement,at the Note ratr,and at ehe option of �
<br /> • Lender.sball be immedi�tety du4 and payable. �
<br /> � 7.Cv�te��fio�.The proceeds oP�ny awatd at ctaim for damagcs,direct or conseyuential,in connection with any cdndem-
<br /> a�tian�r othu tai�itsa of any part oi ttte Propeny.ar for convey�nc,e ia plact bi coademna�iun.are hereby assigned and shai!be �
<br /> paid to Ltnder to the eatrnt of tht tull amount of tre indebtedness that remains unDaid under the Note and this Sccuriiy tnstru- �
<br /> • ment.Lsnder 5ha0 appty stech pracetds to the reduttion of the indcbrednes�under the Nnte and tfiis Security lnstrument,first to �
<br /> ' any Qeiinquent amaants apylled In the ordet provided in Puageph 3,gnd then to psepaymeni c�t priarip:il.Ar�y application of
<br /> •- the praeeedy ta the priacipai shttii rrot eatt�rict vr pastpoae[he dtie da�t oF 1�e montlify paXinen[s.wtuch are refened ta in �9
<br /> Paragr�ph Z.ot cltange th=etrtount oisuch paymtnis.Any excess piaceeds ovet tu�ttmuunt required to pay all vutctanding in " ��
<br /> debtedness nnder the 11to1e and this�''+ccuti�y lnsttument shalt bc paid tu the entily tegal{y rm►��ed theretv.
<br /> A.i'ees.Ltader mny colicq tees a»d Chatges authoritcd dy tht Secret�ry.
<br /> : reK�.s�,�� ------ � • ��
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