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<br /> � 8acb monttdy iaspil�tia►s tn�itana t�t1.tb1.ead kl�ha�1!�qwt a�e-ewelfth at.tho annual amouace�as rea�onably�timated
<br /> b9 Leada�plw s�aa�a�ert:uf'�oieM to maiatain aa addiuoaal bateace of no�asaro ihan oac-aixtM of the�stli��ated amouats.
<br /> _._._.....-�.__.�._ �tuli Aaa�wt amouat far Mo It�����►�sM by L,enda within a pedad endiag oAe month befote aa itan would
<br /> _—_. �como deUnquom.l.andar�iwid t!w a�nouats callectnd ia trwt to paY icem�(a)�Ib)�and(c)6eParo they bxarae deita4ueaa � .�.-----
<br /> ___� lt at anY time tf tc tatal of tbe paYn�ta heid by t.eadet tot ttans(a1,�).aad(ol�togetha wItl�tbo tuture moathty PaYm4nts --
<br /> tar�tuh itaaa payable to Leader ptior to the dne datas ot auch itenw. ex000ds by mare tlian ona-sixtb tho e$tinutted amaaat
<br /> — p{�y�ts raquired to pay auch ice�as when due.ard ii payraanU o�the Note are aurrant.then t,aad�sh�ail etther�etund
<br /> � �thQ OxCOt�dYCt OAl�Sllp�l O�lhO ptIRlSti�I�fAyAf0A15 O[OtQd�t tIf807�Cpf OVK OAC-81�1h Of t h0 Q8tIA1Atld p8y1110f1t!l0 8UIf8CQ11Q11t '! ''�` -°�J
<br /> -----—°-=y� pa ta by Qonowar,at tho optioa of Borrowar. t�the tatal ot the paymenta made by Borrower for hem(a)�(b).or(a) �_�v_
<br /> —�Y��� i s nsuftiofent ta pay t b e itaaa w h e n dua�t h�►8 a tt o w a r s h a t t p a y t o L e n d e�e n y s m o u n t n a�a e a r y t o m a k e u p t h e d o i i o l e n o y �.Y--
<br /> �'.=,---
<br /> -- ==r;;,_��= on or betore tbe date tbe Item becontes due. _`s�.
<br /> �'j �� As uaed in thfa 9audcy liutrume�t.••Sect�etary►'meata tho Seo�etaq►af Hausing and Urban Developraaat or his or ha � ����r�•�• - __._._
<br /> �f4_!E� Yy'. .
<br /> �^W-+��M'��$ deaig�►ea.Moat Seau�ity I�utrumenta ituurcd by the Se�etary aro insured under programs whiah requiro advaace payment of ;�� _ �_
<br /> �hi`�'y��,r�}} the e�tiro mortg�tmu�a�e p�m.If this Secudty Inarumarn is or was inaurad undor a program wht¢h did�ot mtuiro �r� ' C7}F-
<br /> '?��'�{�� .��If�1� m �T�5' 1WE... -_`
<br /> �;,� ��i,y,'C��;,,,�,,� advaaa pay+�t of theepdro mortgage imuranoe premium�then aaod monthl9 P�Y��shaU aiso inalude eltha:�i)an lnatallca�et . r�^
<br /> � � a�;,,f�`� ,� 04 tl�e anaual aQOttga►8e i�esura1noe 11�ium�to�e paid by L.ender ta the 9ea�etary.or(ii)a monthly chargo ioetead ot a makc�e ;• r , �,,�
<br /> �''�`�t' ;��'• � f n s u r a a o e p r a a i w n i t t A�s S e c u t i t�►t a�s u u m e n t�s I�d b y tho SxretuY.6aab�nonthly inatalE�aent of the mortgage lnauceu�oe _i�;t; �{ {,` r,�"� -:
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<br /> `;'„�`a>�;'��'T �5 prior t�,e h NU annuai mort�ipge iusuran e�premiuzn anauai mortgage tasuraace prea�ium vritb i.emler one mo a t d � - -
<br /> �B dUB t01�1Q�'CfeIQTY.Oi iS lh1S.�CCtIf�QY�RIS��{IipG1t�B�l@� `.; � �i� i a...}���SL.�K
<br /> _ �j� + by the 8ec�eta�►.each atanthlY cda�e sliaq be in aa amauu oq a�a l A o o�twelQA a�f oac�halt p e�a c n t ot tAe o�ia�P�iPal `}'��,a;:�r't��;;::'.=-. -
<br /> �,, , ; ,� balance dua or�tAe lVote. { , �t _ Y. _
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<br /> � .�.•..:;:..:;5: If 8orrower tenders to[.eader the full paya�ent of all aums sec�ued by tlds Securhy instrument�Borrower s eccoum s� ,. f�,,,,,s � ,
<br /> re, ;..,...; .,�..,. be c�edited with the bal�noe remaini�g ior all lnstaliments for it�ms (al. (bf. aad lcl and any mortgage insurance premdum , �S„ f�^'��h�. �w�_._
<br /> � �'� ,'�� iastallment that Lenda h�not beoome obligated to pay to the Seaetary,and Lender ahait promptty refund any excess Punda � 1�� ���. s r�•=_
<br /> �:�..••::�.�.,. : to 8orrower.Immedtately prior to a foreclosua sale of the Propetty or its acquisidon by i.ender�Aurcower's account ahat! J, �� �_
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<br /> �` �. �� be credited with any balaace reu�aining far all installmenu for itans(a).N). and(c)• �°' �" ``�1�
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<br /> �x�-�: F���� 3.Appltc�tloa ot P�d�eata.All payments uader Para8�aP1n t and 2 shall be applied by Ixader as fpllows: ° , ' '" „
<br />_.;���:;v;';�.:'r�;,.;. ��to the mortgage insurancx premium to be paid by i.mderto the Socretary or to the manthly ctea��by.the Sgcretary ' •;�`';.� ''.;,,�-`:,L��%sz'`.
<br /> ;«^ , `F ; instead o the rnonthly mortBeSe i�aurance Premium,unleas Borrover paid the entin mengage iosuranoe premium wD�en xhis '�'". " ^•��, q} , ,:;
<br /> , ;o,.'�e' � � SeOUrItY 1nStctttlAant aas dgned: . .
<br /> -� _ gecopd,t�aay texes,speciel aeseasments.ieasehold paymenes or ground r�nta�and firc.fload and other hazard insurance �f " ;_ �`:����.
<br /> 1_`A'n��'__.. .; � � ,n _.a stn ;.
<br /> ,, prem�;as eequiredt � �^ °, ' "° �* '``.
<br /> ;.'. � Third.to iatereu due under the Note; �Sti�. , :�` �� '
<br /> .�r,^�',�,,' , � F rth�to amonisadwn'of the prtncipal of the PMte; )t, �� t ' : .:' ;
<br /> _" ,,:.;�. . ,., , F tt . to late ctiargep due under the Note. �'a .', �l�;r� �, t�,'i,
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<br /> ` ',��t ,n,�' 4.Flre.I+'laod aed Otder Hwp�od Iasnrance. Borcower shaU insure alt Im rovements an ufis)'ropetty,whethe�now in •;% {;�s � �';,' 1`,.
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<br /> ;, ;,;,.;,��,; exIstence or subsequently erected agalnst any haaarda casua tt ies.�t d con t ingem ies.i n c l u d i n g f i n�f o r w h t o h L r n d e r��u i r e s ,�,1 s�,�t.,�:t:ti, •.,,: :
<br /> iasurance.T h is ineuronce a h a Q b e m a i n t a i n e d i n t h e a m o u n t a a n d f o r c h e p e r i a d s t h a t L e n d e r r e q u l r e s.B o r row er shal aleo l;7 ' �'���?t�'',��:4 , �
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<br /> ;,_ H,..�,.,- instue all improvements on the Propecty�whether now in existenceor subsequently erected,agatnst loss by floods to the extent .x., -"�'`•��. r
<br /> r `,.:' required by the See�etary.All insurance ahall be carried with cornpanies approved by Lender.'t'he ineuranee policies and any °-� ;� , ,� »"�� ( y<
<br /> .?; �. +�,,',,;•„�, renewals shall be hetd by Lendec and ahall inctude los�s payabie clawea in favor of.and in a form aeaptabte to, 4ender. n � r .;r„ �{��
<br /> . . ., �.'-:.�q� t�.��_�'_
<br /> 'f ���` �''=�� ' In the ovent of toss�Borcower shali glve Lender immediete notice by mall.Lender may make proof of loss if not made � - ,� '�;;,;,.;:_:_�_
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<br /> ,�..�:. ., „ .��•; .promptly by Borrower. F.ach insurance company concerned ia hereby author[zed and directed to make payment for such loss , , . ', L ,��
<br /> �"�"��•� . -1. directly to Lender. instead of to Bonower and to Lender jolntty.Att or eny pan of the inaurance proceeds mey be applied ,ti . �,�"r
<br /> '���`��"��' � by Lender.at Ita optbrt.elther(a)to the reduction of che tndebtedneas under the Note and this Security lnstrument.8rat to , ,; :;.. �-,.���;_:-�;..
<br /> �' j�yA�'r��y���� ' � any dolinquent amoudts applEa+ in the order in Paragraph 3,and thea to prepeymeric of princlpal�or(b)to the restoration �' ; '�'�����::��'�:_��
<br />: �•::.`._.:;�y. � 'p_..r'..��.i�:_=_.
<br /> � "w�, 1 r ,, ` or repai�of the damaged.property.Any application of the proceeds to the principai shall nat extend or postpone the due date . �,-o� N—
<br /> _°..{:��;;.,`�,ti`:;;� ut'the monthly payments whtch are referred to in Paragraph 2,orchange the amount of auch payments.Any excess insurance ' .;5� ` `
<br /> �
<br /> � � proceeda over aa amowmi requtred to pey at3 outatanding indebtedneas under the Notc and thia Security tnstrument shaff be ; '�°� rn=
<br /> �at;�,';:� 4�,.�:�y,v� paW to the entity legaq0y endtled thereto. „., '�' '� � ' � -
<br /> `� "?������.'J+� In tl�e�vent of foteciosure of this Security lnstrumcnt or aher tranafec of title to the Propeny that extinguiahes the � `.',
<br /> 'lr �� lndebtedneae. atl right.'ahle and lnteresc of&�rrower in and to iasurance policies in force shali pass ta the purchaser. ' .
<br /> �'�'���`�'�%''�s�• ower �halt not commit waste or deat y. 8 , , , �' � `��.� -
<br /> d��,r��i' :,;s�l S.PreaervaUon a�Maipteaance ot the Prnper1Y. Leasehoid�. Ho�r ro dama e or . "
<br /> °����.�• �•1 s . �� ' subatantia{ly changethe Property or aUow the Arapeny so de�criorate,rea�onubie wrar and tear excepted.Lender cnay inspect _ •� , •. . �
<br /> �'it:�`,,f(k���, ��a the property if the property Is vacant or abandoned oc the loan is in defuult. Lender may take reaso�able action to protect . . •.��,� �•�
<br /> •{trs: •;1I�,.;�t,� �,a,,, .� , .
<br /> �� � � ti� and preserve such vace►nt or abandaned property. lf this 5ecuritY Instrument�is an a leasehoid� Borrower sha11 comply with :I,r,��
<br />-_:.,•),r.!F•, ,}%,.:;, � , -
<br /> °'j'� ���.�`��'"'t��;• the provisions of the kasc. If Borrower acquires fee titic to t hc Propcny.the icasehotd and fce titie shall nat be merged untess .r;. , ,. .
<br /> __ ''��{`���;;t53!'�5,; l.ender agrees ro the m�ergec in writing. `. � � �
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<br /> ,r �i�.�,���r.,,�;�5;f«;, �.Chargeato�ower and Protection of l.ent0er's�htsin tEe Pcoperty.�fflorrower shatt pay att govcmmenta)or municipal ,
<br /> .�, .'.r���•s i��; iihes and impositions•1liat are not incinded in Paragra�h2. Borro�vcr xhall pay these obligations on time di�ectly to i �•'.;',��;,; �'�., ,��;ti�.
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<br /> �' �;��•. ��rS 3•.• � � �}�e tity whbchls owed the pavmeroa•If failure to pay�vould uc�versely affc�t Lcndcr'x inte�est in thc P�operty.upon I.ender's , . , , ,_
<br /> ; yiu:... ��n;�
<br /> ����...t t�;� ���f requeat �orrower shalq promptl��fur»l�h to Lender recoip�s�evickn�ing these payments. +`', ,;,+,,1; �' ,
<br /> � � , �t . .. —
<br /> � �•�' If Bonower fails¢m make these payments or thc PaY��rots required b�•Pa�ugraph 2.o r f a i l s t o pc r f o r m a ny o t h e r c o v e n a n t s .
<br /> ,
<br /> , ` �_____ a•«d.se cw..ur:w Inate�� nnt „r�h�l��c a I�oa1 p.ecerdina�fiat may siRnificantty ePfcr:t Lender's rights :', � .
<br /> �.= � � ,- _ _ . ___.:_.. ;.
<br /> c „f hf,` - mw ugtert'tici'u5wm3.a�:..:,..��.�..�.......y !I!_....-- ••-� .-
<br /> ���� �i�t�r+;�-;',, in the Property(such as a proceeding in bankruptcy,for condemnation ar to enforce lawq or regulations).then Lende�may �' '.•',}�.;,
<br /> ���'� ;��7fi�ti�� �t do and pay whatever is necessary to protect the�•aluc of�he Peo�erx}•nnd 1.ender'�rigt�ts in the property, inciuding pa?�ment ' . ' .
<br /> �:.,;.
<br /> �?;:t�,��;���`�'��:'E� �' o[taxes� haxard insurame and other{tems mcntioned in�'ara�ra�oh 2. � ' � • � '��
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<br /> ::••.�,•<,�'.-�1��: Any amounas d�slba�sed by l.ender under this f'uragraph sheit beAOme an additionttt tlebt nf Bnrrowcr and be serured �
<br /> ��'� `" ' by this Security les�rauonent.Thesc amounts shati bcar intcrKt trorn tfir daae nf disbursement,at thr Nntr rnte,and at the
<br /> �� � option of Lender. shaii be immedtately duc and payable.
<br /> ,�:. :. . . .
<br />,;,t . ' 7.Condemnation.The proceeds of any award ar daim ticn Jlamages, dircrt or �ons��quentiai, in ronnec�iern wieh any
<br /> ' � ' ` ' •��.-•� ` condemnatton or cxher taking of any part of thr E'roprrty. nr fa conveeance in place of condrmnation,are her��y u�.4igned
<br /> ;;:,.;'",��, ".•�.� end shail be pafd to Lcnder to ehe extent of thc fuli amount uf t�e indebadness that rrmains unpaid undcr che!�ote and this ! . �
<br /> � Security tnstrument.Lendet shall appfy su¢h prore��ds to the redu�tion of thc indebtrdnes�under thc Note and tAi<Sc�urit�• , .,
<br /> '� `+t�Y'����� � Instrument,first toany deHnyuent amnunts upptied in theotder providrd in E'nragruph 3,und then tu prcpaymenr�o(�rrimcipnt. ;
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