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<br /> 1. !!��l.�11�t.eM.�.tM�e�M..��.tle CY�e. ea,nwar r�b.��piy wbeo ane me prinrl�l of.aaa i�aw oa ---
<br /> �Y drM s�fdo�o0d bY dp Nae�nd We cbu�es due dader�be Na1e.
<br /> — _ �Mb'PU���'�•�ws�ot a�i OeMer���, Barowet�WI iockde ia acb a�amhly P� �_
<br /> �o�etMer with the pdnd�l�ad��s ret(o�d�b tba I�ia�a wd�ny lat�e cAr�.�a i�talls�ea�of any(�l taua�nd
<br /> spcial�tsaano�lavled a w be levied apiitw tho PropeRy.(D)IeamhoW p�yateats or pauod raus on 1be Piropaty.aad
<br /> . (c)�iar ien�raooe requi�ed 6y Panpaps 4. -
<br /> �-�- — F.wcb moathly�far Ue�c (�).(b)�nd(o)s�n�l eqwl oae-�welflh oi the�naiW amo�uia�.�s e�ansbly _�_
<br /> `f- _ --� �by I.enda. p�us an�m wflicicet to m�inWn aa additbnal bal�noo of int mae tl�n aae-siRtb d the �.,.
<br /> - - atiom�ed aaouats. The fou aaanal �un rar eaca iuu�► �aau be ac�uoulawa by I.cnder wlu�in a perlod«�da�e ane �_=-
<br /> " eaoiMb bd'ote�n i�aa w�cwid brxome ddinquant. I�.t�thal)bold�he amoants oolbcled in nuct ta p�y itans(�l.(b)and °_
<br /> (c)bafae tl�y bec+o�oe delinquaM. with the futw�e momhly "..-
<br /> _y_, If�t any tima d�e 1an1 af tho(�s�hoW by l.ender fa itam Ul.lb)�nd 1c1. �, ano�a th�n ooe-siR�h �he �'`'
<br /> _ - p�yrnoNs far wcb ilm�s pay�bb la piar to�ho duo dates of wch item�.c �;`_
<br /> _ �d nnouat af p�Yma�w�equirod to pay sw:h itrnw whai duc.md if{ay�on�he Nde ue curtr�b�n Lrnder ��.
<br /> �iWll aill��efirad tbe exaera�over a�e�six�h of�he es�im�ted p�yments or cRdit tbe excus over oee•si�th of�he�ed 6;�
<br /> --a��i�.;��:��.:,�:� p�y�to wbcaquait p�Ym�is by Ba�wer.at the apim of Namwer. Utl�e mW of Ihe p�ymrnu madc bY Bon�o+�er =:-
<br />�#�� �'ar it�aa(a�(b),ar lc)4 inwfliciau to pay�he item when due.tl�Bartowm�h�lE p�r oo La�any amoum aeoa�rY� _
<br /> ___=— — mrco up tYe d�ie�cy m ar betere the d�le[he Nem beeomes due. aod Ufion De�e or!us or Ircr `"�
<br /> -- As ared in�Ais Sa�it�r�Aoatomoeat."SocTCU�7►"mnaia the SecMary of Ho�s+ng ----
<br /> u` �O tw M�1�C I��!!�Ifi1py��f��IIIOft$1�'IIISYQfIC!p1lrqlYb t0 i��Ol'�lfqY.��y Qf�JI�Cd -
<br /> �- ��x �� Rp bC� � �.Rilati'W tbC � ;
<br /> =Y_. S�A �D�oYi�C 111�: �1)�1 114Sti� p O�c 7�IOIli� mOf�C 1�IbtS �ItS�11mdM LS�1C� f�1C
<br /> ��' .SEL7�7f�.Of(N�i��f C�RC 1�i�U��WOf1Q�R't�IiDCQ p(pQNrD � � � _
<br /> �- - '.�,'�. ���f��IIIEfr O�OtIC��Y��n4rrai Yi►�iw'3.i w�'i��1'.!`..�!' S!!!!!'."--�•"S".�, �44!!'4!'!�!l��M*�h1! _--
<br /> ' '� � �i� !� ILL�W19110. �Ii1WRi�4R�OQ� RIOf�O�� [O 1�1C dfi[I�It�I1���qRYlilfl � � -
<br /> �i;•x,;,i�• • �IS WB W�'..SOCLRiW�l:Of If(�S$OCUfI �RSUIpAGfN 05�IGIO�1�1C.�LCIl10�.C#C�I IIIOp1���It�il ill
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<br /> �-*..' a�o��M equ�al w ane-tv�elflh af ane-half penoa�t the ou�ndin8 P��P�bvlance due on tlre Note. �
<br /> w:' � `.�' U Ba�row�r ter�das ta l.ader the fuU pa oi a�r�s seawed by this Sawity It�suumrn�Boaow�y un�ouat R-
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<br /> t sla�U be crodi�ad wid�the baW�ce rcmaining or all instatPrrnrnts fa items lal.lb!�d lc) and pny matgage uawance
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<br /> .:�'� ;,_��'� � , ��d�at l.endtr ha4 not ba�ome obligatod to pvy Ro�he Sectetary.atd l..ender shall prompdy rcfund an --
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<br /> ,'�;•��'��•' �' ' e��tnn 8anow�er. Imobdiately priar to a fureclos�►�e s�le af�he PbnpcAy or its acquisitian by L.ender.Bortowrr� _
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<br />':�;��i,•. :`.!r�.�,..;. , . '.y� . a000��t shaFl 6e credlt�ed wi�h any balanoe rcmainin$fat dllauallments for itans lal.(b)and(c). ,.�;
<br /> : �'` �'`�'�' 3r A d P���e�ts. AU payments w�der Pa�gaaphs 1 and 2 s6aU be:Sp�►lied by l.ender as fdlows:
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<br /> r,� N� ,. :�� � a. �o d�mon�e��+n�w��o��a t�y t..�aM w�sx�Q a��y�tw�by ur
<br />_-,,��{. �',',,��,..` `, �of the mo�uhlY�+B�B��P��� and i`ue.tlood aod aher haTard ��-�
<br />_ ',, .::>�:;�'�'��J,�;�^,���-�' w an taxes. ial assessm�ts.lea�ehold paymaus ar�ound rents. wh -�-
<br /> `�`�.. �:« -_•;r'�� :+'+ �` Y sPx
<br /> ��,:, � : � ,� �MCIIqYIIIg�14requ 11l�:
<br /> V_ _ " ,it�int!�t due w�der the Note:
<br /> ��7`� ,�+;�•�"`��"�,.. to atno�titwtioo af the principal of the Note:
<br /> ��� �h"�•����1,1�� '� - � ro lue chuges�We under the Nate. _-
<br /> '-' �;�'� �° �_ __ ��'• �. FYre.Flaod Aqd Ofliet Horard lasutsace. Borrower shall insiue�II imptuv�menls on the Propeny.whetd¢r now .__:..
<br /> ��y��- ia e�xe or w uendy eracted. afnst any hwu�.cyw�Uies.w►d uunliugr.ncfes.including fve.for which Lenckr
<br /> .,.,,:., . �seq �g
<br /> '�?�;Ett;r:l;`� r•Y/�!'�':�r. ''• `;� n9�insur�xe. T6is insurance sh�ll 6e maintain�d in the amounts and for the periods that l.ender rcquircs. Barowcv
<br /> �Y• ,'•',';•� • • .��:..�.. slWl dso insu�+e all im vements a�the n .whether now in existence or subsoquently erccted,ugainst loss by tlood, "A'�
<br /> _ �.,,�ti��, .;;,: •�:.?��,. r P'o � Y �t"';
<br />�)'�•', .�,;,�A^�_;. �� to the extent toqui�ed by the �ary� All insuramY shall be cartied with compames approvod by l.ender. The insarancro
<br /> � :��* � •- -� ° Poficies and any rcnewals sFwl�be held by Lencler and shall include loss payable clauses in favar of:and ia a tiom� �r,,'-
<br /> :•.••.:;,,;,;�.. aoxpnblt to.Lxnder.
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<br /> :� ;,�.;...,.::.;�,,,.'^' In the evmt of loss.Bornower sl�ull give Lender immediate notice by muil. Lrnder may make pro�f af 7�a�v if not .,,,t-•
<br /> •-�� }`:,;,,�,vs,r�r �� e�le promptly by Bonower. E�ch insurenca canpany concemed is hereby awhorized and dbectedl[o m�ke payment for ,
<br /> '.�y*�. sYCh loss directly to Lender.instessd af to Bortower orid ta l.ender jointly. All or any part of the insur�nce p�ooe�xis may be � �-�
<br /> �_•:.,• �. app Ited by Lmder.at�ts opuon.e��her IaJ�o�i�e raiuc�iun ui die in�cb�c�i�Ka+wuir�ti�e �L'uta:mwi iSt�s S:.ctuti'�:.'�ttt:steat. c�._
<br /> ' ' '� fust m any dclin�uent amounts upplied in the order in Paragrn��r 1. w�d�hen to prcpuymenl of principal or�!bl wr the �`;��
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<br /> ��n� �::,,,,.;�';�:4::.•�� �`.`: nsto�tioo or r�ep�ur of the damoged property Any applicolion ot'at2�,pr���.�.�ds to the pnncipal shall na ezmnd or postpone :�r_�.
<br /> ��,�,�,;�;, : ��;, ?r�'�' ,,:.•f., tNe due date of the monthlY payments wti�ch are referned to in ParuLera�h 2.or ch;uige the amount of xuch payments. AnY �_.--
<br /> , l�nrp •,,';•�•� `i ,��,�; eY��u�ce proceeds over an amount required�o p�y all ow�,tar�rn�indebtedness under the Nate ud Ihis Security �
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<br /> '�,�'�'r.;��-;,;i , • �{�•:..: �nstzument shall be paid to the entity legally entitled thereto. t��v
<br /> ;"r+�:' ° � - �".�'�X,r,� � In the event of forcclosure of this Securi�y Insuument or o�her tr,�n�fer ot'�itle to the Propeny�hat estinguishes the ° _
<br /> ' . o-•'"° '' nde�ss,all right,title and interest of Borrower in und to in.urance policies in force sholl pasx ta the purehs�.ser.
<br /> ' ,. • �`""' '' Preservpdon. Maiateoance aad Protection of the Property: Borrower's I.oan Applkatloa: -
<br /> s. o�r, ,_.
<br /> '�4�,:�.Y' ,�::'���.�e; y,q�se6old.�. Bc►rmwer shull cecupy,estublish,und use the Pr+opehy as Bomower:principnl retiidence within s�zry days �_w=-
<br /> •• �+ � �' r :�•�• after�he execution of this Security lnsttument ond shnll continue to a�YUpy the 14openy us Bormwer�principnl rcsidenee
<br /> � ''�� r*~ °•+.�' '' for at Ieast one yew'nfter the dnte of occupancy.unless�he Se�:retury determines�hi.r reyuirement will cause undue hardship -
<br /> ''���'I�:•�''.�� •' 7:.��i� �. `V ___
<br /> -. 7{F�. , J.:t firc Bomower, or unless ex�enuuting circu►ristnnres exist which ure beyond Borrawer's control. Borrower shall notify
<br /> :;•:,;,�;';; �•'',, . � °�.°:�� ti Lenders of any extenuntin�circumstances. Bomower shall not commit wuae cx de�troy.d:unuge or substantially chunge -_
<br /> "' c '��'t:::s�, J4�.',, the Property or allow the Pro�rty to deterioratc,reu.wnable wes�r und�eur excepted. Lendcr moy m,pect the Properry if the
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<br /> `� � °''>°' .�.''� •�;';'` P r o p e r ty�s v u c e n t o r a b a n c k-+r x d o r the loan is in Jefuull. Lender ma wlce�ru.sonabk aclion�o rotect nnd reserve such T
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<br /> �, t .. .���Y�- ;k v a c a n t o r�b a n d o e c d 1'r o p c r t ti•. T 3 o s r u a•e t s h a l l a l.u b e i n d cf�ult if Dorrou•cr.duria g the lo�n a p plicntion proccs�.ga�P = �
<br /> � `+ � `�' materially faGse nr inuccurate informaauon or stutemem. tc� Lender (or 1'aileJ to proride Lender with any muteriul ,,�,
<br /> �4y%r: •. �: 1•t
<br /> ' '�'i.•'.:.� �. I� �7nfnrmadiono ia�connectian w�th�hr laun eviJenced by the N�He. imluJiag,bu�nw IimiteJ to.reprcsentntions conceming
<br /> !'s�f���u�% 8o�rrowet s acrupancy of tF.e Prnpeny ac a principal residrnre. If thi�S�runly Imuum�:nt i.un u Icutiehold,&xrower shall
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<br /> � � ' ..; . . .. conn,ply wioh the provisiaxas nf the leaxe. If Bortuwer:uyuire.fre tiUr to Ihe Propeny,the leutiehold und itx�i1lz�all nut �
<br /> 6e:raierged unless LcndeP ags�ecs a the merger in wri�ing. �'�
<br /> ':;'..u,, . � � " ..'+t� 6. Cl�r�es lo&�rowPr and ProtecNon of Lender's Rights in the Pruperty. Bo�rower.hall pay•rll goYemmentol ,��5,
<br /> ,.�`, `.,, ,•*., ' . l. a r�unic+�at cha�tes.far�s und impositions tha�are na included in Paragruph �. H�xrow�er sh;►li pay�hese obliga�ions on �'!,�'
<br /> . . �:`� ` I� ' time dirPC�t�w to t'ae entitg which is owed the pnymeia. If f•rilwe to�a� would aJvervely alTitit Len�r:intere�l io Ihe ti r�
<br /> ;C�;��t.:: � • , .� �3;;
<br /> <<��y. •l: ; ;R�E;.��. �;,�.<�. pro�eny.upcxa Yxr.r�tr t requrst B.irrower shall prompdy furni�h to Lrn�'er receiy��c�videncing�he.r paymems. i;f.,�;
<br /> Y + r.G+r�•t�' r• �vt),' lf 0orrower fafoti ac�meu:c �hcse paymenls ur the �}ment, r�a�u�rerl hr� P.+c�g�*a�h 2. or fuil� to perfortn any atfKr ( ..
<br /> ..'�Y.�t'11fj ��'i;i'!"��:1,�;�}}r.lr�.l•'y• .
<br /> ��,�.�. ,....;,: , „ y„ ,:';�.,� mvenanls and ag�eemenis�+c+�aamed in this Securily Instru�exn�,or tMre is a legai�ti�ec�eding thut may�ignifcand}:+ffect t .
<br /> -- ,kracsi�`�i9�w�.,�7�F,,,A..,_ Ip...ler4 rioh�c in�he Procenv(such us a aroceedina in bankruCtc�.ff�r r�xidemnution or to en(orce luws or re�.uluiion,►. (:`.
<br /> ° -�'��<< ' '� then l.ender may do anJ pny whutever iti neccxsury�i►protect�he va�ue of the Propert�:ind Lcndrr:n�ht�m the 1'roperty.
<br /> �,�:�.�,>.•- � �• �
<br /> . � . °��; . � r�"��;.r, including pnyment of wxes,haur�d insumme und olher i�ems mentioned in P.vaFra h... �
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<br /> � Any umounts di�bursed by Lender under ihi.Para�raph.hall hecome an ad itinnul�1eM nf Bortuw•er und hr+ecun�i
<br /> . • p •• •�9� V, by this Securiry Inswment. These wnounts xhull bear mterc�l fram the Juk of di.bur.rment,ut�Ix No�c rutr, und u� �hr �
<br /> ., "•''` =•" option of l.ender,shall be immediately due und payablr. ,
<br /> ��� �+ '�' 7. Condemnatba. 'll�e proceeds of uny uwunl or cluim f'or dumage,,dimct or conseyuential,in runncYlion wilh:wy
<br /> , 'Y, • '...
<br /> condemnation or olher ts�king uf uny part of�he F'roperty,or f'or convcyuncc in plare aF c�mdemnu�i�m,are henby a..itineJ
<br /> .� °•� �.c; ,',,. � m�d shall be paid to Lender to the extent of the full sunoum of the indeblednes�thnl rcmuin�unpaid undcr lhr Nutc;md Ihi. ,.
<br /> !.°'• •' �3. Security Inswment. lxnder shull upply�uch prcxeeds u��he mduction of'the imfehtedne+�under thr Note;mJ thi.5�tiurity
<br /> . �' � , �r.- � Instrument, fi�t to nny delinquent �unounts upplieJ in the ordcr pn�vided in Paa►gruph �, anJ then a� pn�w•ymcm ul� ��
<br /> , `� �" " principal. Any s+pplicntion of�he proceeds w the principal shull not eztenJ or pu�Ipoxe U►e Jue Ju�e of �he mun�hly
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