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<br /> - - ���; = h���`°' - �ach montAty ins�alhi�ent ioi itMn.s tat.i�1:an�!tcl shalt eqwt onc•t�ttflh of tl�e onn�ial a[�wuats,�s ct�sot��tty c�timtt4d ' �:_��; - ---
<br /> �_:��_' 6x1.e�k+r..Qt1►�11��lOtitltSltEE�tlfEtblt1�I111�IRAA��1i�O11i1�I1114`COtQQtt[lQYC11liDrrie-sia��hoi�hcestimx[�amaw�ts.° �` ,:,�,,{��'� ��_ - ---
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<br /> , i�iii�i�� s�ttCt+�month�lfnreanl[Ct�1KOt���-__�_;'�—.— -
<br /> . . � . .�. � _ The fuli annu�farnount Cqt���fi-icern siiaitfie�niurued�i�yt�nc� i� �
<br /> '�� bocome cktie�uent.t,eede�sha11 hold the unouatscoik�ed in trtw ca pay iten►s ti).tb�.and icl betorc theY�me�d a�queet• -- t, '��
<br /> tf at any[ims the total of the pay-ments held by t.enda for iteats(a).(b�,a�id(cl.together witfi tf�e future monthly payrmmu � . : "
<br /> � � � �� � for snch items payabk to Lender pdor to the due dates of such it�ms,exaeods by mon than one sixth the esttmatod amoum �; • :
<br /> of payments roquired to pay such�tems when due.aad if payments on the Not�are current,then L�ader shatl etther refund (
<br /> � the excess over ono-sixth of the estimated payatents or credit the eacess over ano-sixth of the atimated paym�nts co sa 6 s e quent #�°� :;,:_�.
<br /> _ -_ ... _.� paya�ts by Borrower.at t h e o p t i ea o f S orrowe�. [f't h e t o t a t o f t h e p a y m e n t s m a d e b y B o n o w e r f o r item ta)+1b 1,nr(c) --- - - _--- _- --
<br /> � �'`'``�`:•r:`n; is insufficient to paY the ttecn when due,t[iea Bonower shaU paY to Leader any amouat necessary to make up th�det�ckncy = .
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<br /> � � �". ' � oa or t�efocc iha date the item b e c omes d�c e. : . .'
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<br /> � � %'� A�usecE in ebL��'ac�uitY 1 �_ea-. `SecnctazY" of Eiousirs and ttf6an QevefaPmeat or bis or tcer �
<br /> " . . n ►rn c_� means ih�Secretatg � -
<br /> -cy;- �,::�r;,;,;;;,,,;;,�' �: - �' uttder ptogratns tvhicit aeq�ite ad�-aace pa��neat aE , ..
<br /> �;� %�. �'=:; U�� ii`;�Y,,���Y'� - �� ,desf�Mese Sa�urttY tn��bp�che S� �� wbicb did naf i:. '
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<br /> i.'R's �, :<;���y� Ff`�rE�'s• q�' �[RG[W1t..!f chLs S�Y Yt�strttment is ar vw�'v�sumt wad p 8►am �� �: '
<br /> �.ir ic{ '<<.;,� 3 t'•' _���.� i�»:�a���►�� �eacbm�thllrFa�t¢s6�a(soi�Iitdeather_(3au�� �:: .
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<br /> `� <<" � �'`r s' ,.�`::^�� ;�3�'taI's�.. .,mea�.��e�4 is�3..I�y'E���ta�''��'fe�istintl�Eg is�stalfinen6 off¢�:��aitgage iasu�anee '. ..:'�,>;��{
<br /> -i.. j j . , insntsis�:��i�i�A , �� ath '• i�;ti::=:'��.
<br /> .'t £:;;� � , �� � , premium`sfiai!li�ia afoiama�51?�L:�a'Lt��ceu�Saie�'�nIi aua�,cd��tgag�insu6a�ce�eauw�s d�'t;ane�a 4 =;`.:;`
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<br /> '` jt`�F� � prior to We date the fnit acu��R i�g�ge���wrca�e QIe�+I�n�s d�ee co�e�eereEaRF'es�if tfies,S'�aistq�In�[�s i� vtr���
<br /> ?�°'_. � � } i�Y�S�Y.pchmonth�y�sballbe�a.ansai#ovrt+a�3l;t�oa�-id�elithof�s�at�panqis�ic'�au�SF� ' °: _y t' r`
<br /> � ' 6alance due o�t6e Note. • • ,. .. . .:. .: , � ' �_ ,� i :s �;,��;
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<br /> � : ��.: = : � '. .•,� , yii� � ��� :.,r���v��
<br /> � ! if Barrower,�qp�crs to Lei�der tix full pay�nmt of a�is,�as.. :.se�-�i .�s�. Secusity lrss�rrzrii�'�onav��?.ecaant. , ��;:` . .
<br /> � ' b e creditod witb the�alance remaining for atl instaltm�r.c�:��s���?Y:F�?�;:�lA,t��.�d any enbitgage sts,..��cce piedz+u�n r , . �f�
<br /> - '.'�`;"�� , i t tbat Lender has ot bocome obligated to pa�i�i����-���.��'•���a 1 I p r o m p t t y r e f u n d.�+��f u n d� ,•;' . . -, .
<br /> ` %f;r k ( ta��r.ear.Immaliately��aforeclosuresaleaE?��i�'.?�.�y'x��-a:.'^�3i ��Lenda,Borro��,'�a�rt1:ntsS�a� ; ,c,�;��• <.., �f,�
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<br /> .,�`•,:���� �:"�"`;»;t FouRh.ta amort�Zation`of t6te principal of the V� � , • . . � - , . �•'`^'•` • •
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<br /> ` ���� Flfth,to late charges due under the Nate. � ' . : .
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<br /> d,�K�Fluod��d aMer Husnl lawaace.eorrower shall insure all improvements on the Property,whether now�n �
<br /> � � . � fpr which I.ender requira -
<br /> � ± e�istence or subscquentiy erected.against any hazards.casuaities.and contingencies,including fire,
<br /> '�,r: insutance.This insurance sfia116e maintained in the amounts and for the periods that Lcnder requires.Borrower shatl also
<br /> � � r � _ insure all improvements on the Property.whether now in existence or subsequently erectCd.agaiast lass by iloods tQ the extent
<br /> � required by the Secretary.All insurance sha116e carried with campania approved by l.ender.The insarance policies and aay
<br /> � renewats shal!be heid by Lertder and shaU inctude toss payable clauses in favor of.and in a form acceptabie to. Lendar.
<br /> f ' !n the event of toss.sorrawec shall give l.ender lmmediate notice by maii.`Lender may make proof af loss if not made
<br /> �, • promplly by Borrower.Fach insuranee eompany concemed is hereby authorized and directeA ta make payment for such los4 I
<br /> � "'���` ' ' ditectty to Lender.instead a!ta Borrawu and to I.ender jointly.All or any part ot the insurance proceeds may be apDlieA (
<br /> >'' � by Lender.at its option.eithsr(a)to tho reduction of the indebtedness under the Note anA this Security lnslrument.(iist to
<br /> � any delinquent amounts apDlied in the ardcr tn Pa�agraph 3.and then to prepayment of'principal.or(b)to tt�e restoration ,
<br />' � ' � or repair of the damaged praperiy.Any apptication of the proceedc�o�he principal shall no[ea[ertd nr postpone the due datc i
<br /> ��: pf the monthly payments whIcb are referred to ln Paragraph 2.or change the amount of such payments.Any eaccss insurance �
<br /> y proceeds rn►er an amount tequired to pay all outstanding indebtedness under the Note and this Securily Instrument�shall be
<br /> , �`�`,;.;:;;;. . ...
<br /> paid to the eatity legally enNtie�l thereto. ;
<br /> :��; ::� . . :.. . In Ihe event of foreclosute af thfs 5ecurity lnst�ument ar other transfer oi/itle to�he Property t6at extinguishes the
<br /> � " '_';:;;,�;;, indebtedaess.alt right.iltle and iaterest of Borrower in and to insurance policies in torce shall Fass to the purehascr. i -
<br /> . ,;�.;r,i„ I �
<br /> �� • �r.�{:��� 5.Presetvalioe�ad Md�ttu�of the Properly.l.aseMolds.B9�r�a�er shal)not cammit waste or desiroy,damage or �
<br /> ��� ���: ' '�;��'' substantialty chango the Properiy or altow the Property�o deteriarate.reasunabte«ear and tear excepted.L.ender may inspect
<br /> � ��' '���'�'�j ihe propeny if the property is vacant or abandoned or the toan is in c►efanit. Le:2d`er may�ake rcasonable action to protect
<br /> `�`��� � and presetve such vacant or abandoned property. If this Security Insd�ume�L i4 a^.�:teasehold.II�orroweo shall comply wifb ; , •
<br /> . . �.,,�.
<br /> �, '+'���'��':� the pr�vtslons af ihe lease.lf Borrower acquires fee titte to the Properdy,ihe leas�fi�k aad fee rii4r sha11 no!be merged untess ; ';^� .
<br /> '" ��..;-, ; � l,ender agrees to the merger in writieg. �
<br /> ;._:'. .
<br /> � '"` � 6.C9�sr�q ta Borro�rer aad Protectioe o�Lemter's l�flts ie the Property.gorrawer sha11 pay all govemmental or municipal . .
<br /> � � ' charges,flnes and impositions that are aot ineluded tn Paragraph 2.Bonotiver shaU pay these obllgatlons on Nme directlY to �
<br />. , 4 lheeaNty which is owed�he payment.if failure to pay�ould adversely affcct Lertder'9 interest in the Property,upon Lender's
<br /> request Borrawer shaU prompely furnish to LenQer recetpts evtdencing these payments. ;
<br /> 1�Bonower talt�to make these payments ar the payments requircd by f'Ara�raph Z.nr tails to pctform any other cavenants �
<br /> , j and aaraments contatned in this Security Insuument,or there 1s a legal praceeding that may slgniCicanlly affect Lendei's dghts '
<br />• ,` ! in tho Property(such a�a proceeding in bankruptcy,far condemnadan or to enforce laws nr regutations),�hen Lender may
<br /> � do and pay whatever ls necessary to prutect�the t��fue uP,the Prc+peny and l.ender's rights in the Pmpeny.including payment .
<br /> + . __ .! oi taaes.har�rd lnsutance aad ather iteuis m�ltiane�i.in.Paragrapii Z._
<br /> :� � . � :. .. -
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<br /> f ' ' Any amounts disbursed by Lender�tiiicp:��it;;,l����arsaph sh�tt,a�c+:ume an�i�iitiunai dc61.�f�t'Borro�ver nrtd be secured ,_ ' :��-.;� �
<br /> � �r• �' by ttds Security lnsuument.These s�mnun�5*liull.'li;:�°:f�terest from;tli��te nl"disburse�ieait;:�t the Nare.rr�le�.and�i the ' " , .
<br /> ��',' '�`. apHon of l.�nder,shalt be immedintely dii���a;�a�ta: , � ,
<br /> , '�'�{'�:�;�i�f _ '.... � ' `�' : : ,
<br /> ' ' ��r��'��tf 1' ' ' ` T.Caademnattoe.The praceeds of tt��y awa;rd or clairn for d�m�;�.�s,;ili�.��{ri�cans�eqt�el�iiSil.in connection�vith unY .
<br /> � , . �,1 ;��r,:�,,: . , �
<br /> -`'.-!�,': --���1�.;��.�:..-- - .--.� �. . _.rnndemnatinn.ar oiher taking nf an>,part ut'the'Fraperty,gt for co�i'r,�ra�.in.pli�tif cpnd�lnnation.are hereby assig�ted : _ .-.•- - _
<br /> ��s;� r, _._..---..._ �
<br /> 3 ,:�� �snd'shull be paid to Lender to ttie cxtent°�f the 1`iilt umount oi`ttie indefiiedness tliiii��aius iinpaid under tfle N6t�an�this �.��
<br /> � ` � ` Security tnsim�aent.Lendpr stuill appty su�°. roreed's ta�the redi�ctian;nf tti�indebieduess tiudet�h�Note aad this 5ecurity
<br /> �� -- ' ; , Instrument.tirst to amr delinquent umaunts npj�tied in ttiearder pro��tded in Paragrapb 3,�i►d�hen to prepayment of prinrip�l, 1 ' �
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