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<br /> � T006771RR WlTH �II tbo impovanaNs now ar hem�tler aa�ted an 1ho Pm�aty. +�td �11 oaeaaa►t�� d�l►1�.
<br /> �pptutaanoa�ta�ls.roY�itba.minenl.o{I md�riaM��nd pmfiu.wwer�i�ht�aad Wack+�nd�11 flature�naw ar hen�Aor•
<br /> � 'prt of tho prop�eitY.All�vpl�a�anaia and+idditbro shdl �Na be oovaed by t6i�Saarity lntpuman. All aP the fom�ai�i�
<br /> nl'oned a in�hl�Seauity Inu�uaxnt w We"Propmty'" _"
<br /> - UARROWBR mOV8NAN7'S thn 8ormwer ii I�wfLlly�el�ed aP the e�ute henebY oonveyod md h�s�he�i�M ta 4rant uid
<br /> _,_ :..— _ .
<br /> oanvry Iho Propaty and�hu ttie Proparty i�u�mbered. exapt tor encumbnu�ca of r000rd. Borrower warnmN�nd wiU -
<br /> detaad�cna�all9 the dtle w u�a�rapmty w�inot�II ciaiau�ud da�aawl��rubJuci a wiy e�xaunbrances of roco . --
<br /> l. P�ymeM ot Petacipd.lntereAt aad I.wte CMe�e.Borrowar�II p�y when duo the princip�l ot.�nd inte�at on.�be
<br /> -- debt ovidanced by the Nate atd IMe aht�as due under Iha Note.
<br /> � 2. MaMidy PayaiaW ot 7'ap, in�uraooe ard Othet' Cbiu'Qea. eorrower�hall includc iut eacb a�ontldy paryma�t.
<br /> __--- -, to�ah�r wW��he pri�cipd and intercct��:t fonh in the Na�te�rd any I�tc charges. �n 1nstWlmemt of a�ny(a1�xe.s and spxia�
<br /> s�rs teviod or to be levied �gaina �he Pnoperty. lb)Ios�Jwld pwyme��t� or�raud ne�an tho Praperty. ad (c)
<br /> pnnoiums fot imunnoe roquirod by p�ra�raph 4.
<br /> E�ch momhly inctallment for itans la).(b).and(c)sh�ll oq�W one-twetfih of tA�e annwl amou�Ms.�s rc�sonubly astim�ted
<br /> � bp Lender.pluc�n ainoww wflicient w a�aiotoin an additio�nl balanoc oi not more t1�an one-aia�h of�he�timnted�nounts.Tbe � ^
<br /> ��i ti�tl an�wal ,mount for�item�6a11 6e aoc�w�wlated by l�der wilhin a perlod ending one month bcfore an item wauld
<br /> . t�.�oa�c delinyuent. L�ender st�ll IaW the atnowns oolkcta� iu diutit w p�y iteim (a)� fbl. �pd (o) befom ti�ay bewnue
<br /> ,-_.__. . dcliaGuast. .
<br /> If at any time the tatal of tho paymrnt� held by L.a�der for ituns (a1. lb). aid (c>. toge�her witf� tt+e iWuro manthly
<br /> .._.�
<br /> - payme�ts far wch items payeblc to Leader pr�ar to ttrc due dates af such items.exooeda by morc than one-cixth the estiwnated
<br /> -----�� amount ai payrtia�ta requirod ta pay such items when duc�wnd ii payments on tNe Nou arc current. �hen I.ender sh�10 eitfier
<br /> rcfurd the eaasr over one-six�h of the ectimated pay�or credi��he exoess over one-sixth of the estim�tad pnyments w
<br /> � subsoqwait paymeots by Borrower.at thc option of Borrower. If the towl of the payments made by Borrower for itcm(a).(b).
<br /> -- or (c) is insufficient to pay the item when due. tl�en Bomower�iwll pay ta I.enda any sutwunt nece�sarY w mpka up tbo
<br /> -=—= defickney oa or befa�e tdo d�te tt�e ius�u 6eoomea due.
<br /> -=::=�:±�� " , � As used in this Secunry I�trumea�t. Secrctary means the S�cre�ary M Mausing ond Urban Development or h�g or i�r
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<br />"--�---` -`°°°''-"�� dcsignce. In any year in which the I.�ender must pay a mortgage inaurana pr+emium to the Secretary.each monthly peyment
<br /> -` � 'i , shall Wso include either:(i'+��e inytAlGr�nt oi the annual mortgage insurance premfum to be paid by Lender to the Secrctoty,or
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<br /> j (ii) a monthly charge instead of a ae�ongage insurance premium if lhis Socuriry Instrument is held by the Secatary. F�ch
<br /> "x�f�� monihly instaliment of the mortgage insurance prcmium ehell be in un amount sufficirnt to accumulate the full annual mongage
<br />_ __ ---"�'"'` inRUnnoe prenuum with Lender one manth prior ta the dnte the fu11 annual moRpwpte insu�nce premium is due to 1he Secr+etery. _
<br /> --"��� or if this Secu�ity Inatrument is held by �he Secnetary. ea�ch monthly chor�e sl�ll be in an waount equal to one�twdflh of
<br /> a�„_�-..
<br /> —�=,�a���� one-hWf percent of the outstanding principal twl�nce due on the Note.
<br />,::�c:.� -
<br /> o =,�'��� If Borrower tenders to Lender the full payment of all sums secwed by this Security Instrument. Borrower's aocount shrll -
<br /> __-:.��;f;�, -
<br /> ____. -- be crodited with the balance remaining far all ins�allmenw for ieem, (a). (b). a.hd Ic) and any morcgage insurw�ce premium _
<br /> �---- insuJlment tlwt Leider has not became obligated to pay to tha Sccr�etary.and L.ender shall promptly refund any excess funds to _
<br /> �� "- . Borrower. Immediatcly phnr to a for,eclosure sale c+f the PrapC�ty or its acquisitian by Lender. Barrowaf s aocount WwJI be -
<br />--_�-,�„�,„.,�,�;' pndNod wUh ony balance rtmninin�fc�r ail in►wllments for itenu(a),Ib).ard Ic). . _
<br /> �1 -";:-- � 3.A oi Po ments.Ald aymentc under h, I and 2 siwil be �ed b Lender a�follows: =
<br /> ,,�-' PM�� Y P P�S� � �� Y
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<br /> -- 'ti��--- First, to the morR�ags insurnnce premium to bc paid by l.ender to the Secretary or to the monlhly charge by the Secr�etary
<br /> - � inwead ot'the mon�Q�ly mortgAgc inaurume prcmium�: _
<br /> �°'`';�:_,�., Secand,ta gny t�xes,spe¢ia!t�sessments.lwsehold payrt�nts or�round rents.and fire.flood and olher h�:erd insuranoe
<br /> ��',��p;�'= premiums.as required:
<br />--��rs;t�; Third,to interest due under the Note: _
<br /> --- - Fourth,to amonBza�J_an of the principal of the l�ote;
<br /> �__ :R�/I��f e j'
<br /> FiRh.w late chargcs due wtder the Note.
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