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<br /> �����:....:�- � - _ . . . . - - _.. iQ31�� - - ---
<br /> . . . _ 3 --
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<br /> E�ch maatdly iauaW�t fa items ta).@),aad tc)shsll cqutl one�tvrdith of t6e az�n�rts�amauats.as reasonablY�' �
<br /> b�r Lende�:O�us an aNOUOt suffiaem ta msiat�aa additional bilance of not morc thais c•ne-sixt6 of che estimacod anwunu. ,
<br /> �TGe fiilE aenwi amcwnt for 4ae�iseoQ sLal!De accumWated by Ltnckr+�ith�a a perid!eadia�uo�montt�beEorc aQ iceen rraald.
<br /> .. beoo�c deGn4ixnt.l.eader s�aH hotd.the za�ouncs caiiacud in tnut to pa}items(a),(b).uvd(ci Defor�t�ey becom�delin4uent.
<br /> --- — --=----i#�tr�ime�tAe�otsl�Ettse fc+�it�ns(a�.lb�an�tcl s�tba�it�tht£cu�uc
<br /> . ��[�Y��
<br /> for wc�►etems QaYabk to Lender prior ta the due dues o�sr�ct�icems�exaods by more lT�aa onase�h the e�timue�� �T-- -
<br /> _ T
<br /> �� .t...�.c.:�!
<br /> i ��_�.. __._.—__. . . (�(�Y�itCBiS�-�itt.�II$�EQd,�iR�CRL3 CR�t�lt��4t�8iGCt!!!lQti tRl�! 8 a��«��.v..< < -�-- �
<br /> thcrxa�ss over aa�th af etK atimated paYmmis o�crodit th�e�toaaava onasi�h of t�s estimaied paymenrs w subscquent
<br /> papmeuts by�Bo:rov�a.u ths opion of 8a�rrawer,if thE tocal of tt�e p�ymenu madG dy Boirowa far item(a}.(b?,or(c)
<br /> ;s insuttiaent to pay tee tcem�rben dtie,tLsa eorrowar shaU pay ca teader any amounc t�ooessar�►co:natce.up cne derxieecy
<br /> on ur befoce tbe date thc item Eacomes due. . ,
<br /> As nsed in this Secoritg Insttument."Secncary►••meanz t1x SecL�4arY of Housing and Ur6an DevduPment at E�or 6dr
<br /> daisoe�.Moat SeanitY to�pmnt�;ius�ued bY the S�craarg are iasured uad�pro�rams wLich rsqrrin advaaa psyment of
<br />--_ - thc ewiire mertp=e.iaaranv��fiemitiht:.:lf tlds Satitrity Iastrument is or was iusured unda a proaram wl�icb did aot�aluire
<br /> F�' e i t�eae�steosttAt�izt�uencsha!l�t�►i�,ciu.te�t�:_{�2ninstaUmmtT.-- ------- �-----
<br /> �ri-�oey�3ta�aft�:.c��ir,s�r�p�• -"- r_--. _ . __ .
<br /> r.�,� -- fn,1� Lender w tbe SaccetuY,ar(i�a�aoiithly�C�i�.ias[cad o!a moitEa�e
<br /> of.thesuutwimortQ�insutatrc�premi� ._ paidbY
<br />"��-- iasiicyttc�Pcesrnnm if th�s.�_',instsuaiertt is hdd by.tde SaretarY.Facb mantbl�t ibsfaUmeaz of-�ttt�mot�$��
<br />-:-���> �premium shall t�ia��(autLLsttfficiaat to�triat�tii+e.full annuai awrty�fnsu�premiiun•w1t#i:tptA�anr mautb �___ -
<br />:,;.s`_ pdot:to tUe_d�tike-f�1L`armitat mort�e insa�a�2c.Ptenslwn is due to the Se�sar�F:.or if:this.Swu�itSr]nstraiaent is h�1tE -
<br /> ���.,.
<br /> '° by tbe�';.acir.inoath�y c6uBe siwll6e in aaartsowu:o4!�I.m ms�twe[fch o�on�Aalf`pac�a�c of the outstaodins P�i?� —::---
<br /> � ` balanoe due oa.tt��tot�-� ._ � , � ' . ` ' '.. . `=M ' �--
<br /> . ., . �:.., - -
<br /> r lf Borro�rer te�ders t�v Cersdu tbe full paymedt o�ali:p�tlii�seased by tt�is se�uity Insiivraess,Borrowsr's accouut shal! ` ""� �-4
<br /> ers -
<br />_��°_ 6e srtdited�vith the bal�ui��E fo����.�'��ems(a).N).and fc)ancl ai►Y mart8agt insaranoe'preanum � :�;� --
<br /> i a s t a l l m e u t t 6 a t L e n d e r A a s tr o t.�abit$A t e d to W Y tQ?�SocretuY.�nd I,erjder sball�promptty refvnd aaY excess fw�ds a��r
<br /> � . w Bomn�rer. Immediue►l►Prio�,t��a�bnedos�m sak of�he ProperEy or»s acquisitioa by I.euder,Borrower's acco�uit s h a t l '��,.,-
<br /> be credited wlth w batance for aU instaUmenu for items(a),(b),and(c)• ' �` � _ _
<br /> z� s:
<br /> Y �
<br /> � . 'r.'.. ' �` `i:'
<br /> � , .:�;..A�atio�nt rpr,i�;AU payineau unaer para��pbs i ana z shai:6e ayptioa bj►l.efldet as foltoqrs:-- � -- =:�-�_.. _
<br /> {ist,to tbe mortg,age Jnsucarice prea�iwn to be paid by Lender to the Secre[arY or to the monthty charge by the Secretary M1_ ,�;�;'
<br /> .. .:�.,
<br />_ � inste�of,thc:mara�IY mottga�e insnraaoe Premium,unlas Honovher paid the eatire morcgage iasurance,pc e m Ium w h e n t h i s, :.t;=T: :. .._
<br /> _.�; �� Sucucity Ins�tiiAtait'�es si8ned:� � �.= �`'�-:-:.-.`__-
<br /> . ` �.- Second,to suy�axes,sFccialassasments+leauhold paYments or�round renis.and fire,fload and other ha�ard insur�m�c�, ..y,:_ ,�_.__
<br /> ::,:�, asx ��_;�_
<br /> . , _ premiwas,as roqaiced; .: , ���'�y_-
<br /> � � 71�ird,to Iatere.0 due�ahe Note;
<br /> ��;�:;�-;':
<br /> ;� Foarth,to amortttatio�a�L�3�.e,prineipal of the Note; ��-�a',''�-
<br /> � ` Fifth,to late ciaarg�es 4ti�, .�n,d'.je'E the.Note. ' :.,:. � ., : y �.r=:
<br /> ,. , . .. , f� ,r�.
<br /> ' �;. � 4.Fhe.Floo�sM Ottier Halu���i�ocs Borrow�ec shaU insure aU impra�r��tss on t�e,FcopertS►.�rpether now in t;�� `' : __
<br /> sr� t?� n.,
<br /> � ;.. ,
<br /> � . existenoe or su b s o g uently ereaed,against a�y'bazards.casuaities,and oontingeacl�:�a�:luding P,re,for afiish Leader requires ".;i,`,,;;_; ::-y�
<br /> ' " .' ' inguraaa.This insuraace shaI!be maintain e d ia t he amounts an d for t he peri a i�i s 2�L e n d e r r e q u i r e s.B o r'�K�s�a U a l s o ::t��•�: ., L_
<br />`�4;rr,,�,;;,` :. insun aU tmprovemeats on thr Property,whsther now�n existence or sabxqueuctk.c�e.cia1,against foss bY t76a��r uh►�eatept .�: .. ' .���;==
<br /> � " �
<br /> ��;.,.,< t requirod by tUe S a c tetarY.A l l insurante s h a U b e c ar ri e d w i t h c o m p a n i e s a p�r av4�b y Lender.77x insuraace D a��i�anQ�p; . . z 1 F°;
<br />,,".;.':�.,_;,r reaewsds shall be he�d by Ltader and shatl inctude toss payable clauses i��avmr of,and In a form acc�Wabk to,Lend�s. . : ,� _ -
<br /> ..� . . . '.JxF....
<br /> ' lA tIlC�1fC(1t Of IOSS�BaECa�er shall give Lender immediate notice by ffi�'� �����►y�e proof ot loss ii not made � ;., .P•
<br /> � . promMlY bY Boaowe:.F.a�r:: ,�ce campany concemed'u hereby suthont�.tut��dl3eeciod to make paymant for such Ioss ':�'�`._e`' �� ..-_.-_
<br /> �' .t
<br /> . . h' ! hj�:�.�� : '... .-.
<br /> -� directtY to Lender.instrad oP�ws i��a�wer and to Lender iointly.Al l or anY pa.�i��..�2 insutanCe Dr o c e e d s a n a Y b e a D p ll e d �b,.},�(. y. :.:-�Y:�--
<br /> . � .. by Lrnder.at its option,eithes yati��t?�i r¢���tion of the indebtedness ander i}3��v��e and tl�Sscurity lastniment+first to. ;�;;�lk{� '�rf�,__-
<br /> •, .��� sny delinquent anwunts ayDti�d i��3tr'�na Parag►aph 3.and ther�to pceDa�x�;of pda�ti�.or(b)to the restoratiow'. 7,;u)r,�; ,,�f r _.,
<br /> � � i�n, or repa�r of the damaged pro�y,,A�}'a�'��tian of the proceeds ta ih2 p?ta�,stiaU not extend or postpone the due da�e, �. :,�l�f���'��;.�.� `_` -_
<br /> ,,,�:
<br /> �� of the�nontlily payments wt�ch ant rrferrtd fo in Paragraph 2,or cfiang.ckas�or�c�c:�ff such payments.Any�xa�s insuranoe r;r��.,;,:;;;: �� .
<br /> � • ��� pr0oeeds over an amount toqui�d ta pay all uutst�nding c�delitednes�uri�2.��?ti€?tild'�and this Security ttjs:�!u�tt shaU be �.'�,�� : �`3 -_
<br /> �, • ,�_ • . , �:
<br /> . paid to lht eatitY 1e8a11Y entitted thertto. , � " ,.�;. . � ., :. ,� •-- '�a�+
<br />' ��, Ia the event ot forectosure of this Securiiy Instrument or othei i�rt,r�`fei a�title to the Propmy that extingtdshes the : � " :��:�.:
<br /> r,.
<br /> indebtedness,aIl daht.tit1e and interest o�Borrower in and to insura�potici�.a in force shall pass to the purchaser. •. ;;'`"'�'"`-
<br /> � � ' '` S.Presenalio�a�Mai�tetasce of tiie Property.I.ea�eMoid�.Bonower shali n.ar commit waste or destroy,damage or "
<br />�:�;,�.. r!,.�'�' substantially change the Property or allaw the Prtiqerty to detedorate.reasonaGl�,W��r;s�ud uar exceD�ed•1.ender may ins�ect
<br /> '� the prapettY�f the property is vpcant or abandoned or the toan is in default. L':ennticr U�ua'.c��rea.wnable actlon to pratect
<br />°';,�-� and preserve such vacant or�Wndvned pra�ra4ty.It this Security[ns�rume,nt is on a i�.-3�#.iii�li�;!Rorrower shall comply vrith ��'�
<br /> • .t - the provisions of the Icase.lf Burcowcr acquires fec tidc to the Property,the leasel'iolil s�i��f�tlil�:sfiall not be meraed unless
<br /> � �;��- l,�ndu agees to the merger in wr.itin&• . . � . � �`:+r;;' .
<br /> K�,�`.j �y ta Borra�a+�'Biuttcflaa a[l�e�er's Ri�ts ie We Ptoperry.Bonowes shall pay all govemmaifa!'br muaicia7al.' •�fit��!i�t`' ' . '
<br /> ti..�'e`���r?l.., b�C� � ;��,t����i.` .
<br /> � ;4���r'f`�;��`. cbaraes,fin�and impositions thpt aie nnt�included in Paragraph Z.Borrower shall*pay thesa obligations on time directly;a� ''..",;;,;;��.l,4 .
<br /> a
<br /> ....k�,.�.� • thc entity which is owed the payment.Cf FaiIute to pay xould adversety affeet Lender s mterest i�the Property,upott Geader si .;: ,- �;;,:.,.
<br /> « �:: . 'iti+y.t�
<br /> ==:;;*s�, . rcqut�t BoYrower shall promptly f itmish to Lendtr receipts evidencing these payments. ;f;.�.�:.
<br /> f _'f: . _ ' i;i..,,
<br /> yt.. �.. .-r.. "�'�.'� .
<br /> , 3 . If Barrower ftils Co mahe these payments or the pay�ents rcquired by Paragraph 2,or fails to perfoxm s�ny other cavaiants
<br /> � ' �`� and agrcements conttieed in this Sccurity instrumea�.or thete is a 1e�a1 procetdin8 ttt�t rttay signlficandy affc�t tgnder's ti8hts , ,
<br /> �,-_, .: ,
<br /> ° ' i��tbe Property tsueb as a proceedin�in i�tikruptcy.tos condemn,uion or to entorce laws ar regulations),ihen 4ender maY '
<br /> � �'�': � ,'- ... da nnd pay whuevec is ne��essarY ta p�tect the value uf the Propeny.and Lender's rights in�he Propeny,inctuding pa?�rnent � •
<br /> . . .�'r -• of twte�.hu�rd iasutulCe attd other items mention�d in Puragrt►ph 2. - - - � -. . .
<br /> �,..,.
<br /> My amount�d)sbtused hy Lender undes this pnra�aph s6uU�°become an additional debt uf 8orrower�nd be sccured .
<br /> � - ' • by this Security tasttument.7hese unaunts slrafi 6ear interrst fram tNt date of disbursemem,as 1hc Nate rate.aed at the �
<br /> . A.,-��.. '.' oplian of Lender.sbaU bt immed�tdy due and payabie. -
<br /> ... . . �
<br /> : :�, ,. .. ,
<br /> , . .. . ._�. .� ..
<br /> ,� 1`- ���.� ?.�.1'Ge.�roceeQ�o!any avrud ot ciaim for damaEes.direct or cnnsequentiaf.in cannectlon with any •
<br /> ---- --_- - . .. _ . _ _ • _ . �:. :.�.�':�:���—. .
<br /> '�'-�.- � . - coudemnalion or athei taieing oi any pan,of the PrapEHy:ot�bt cartccyanrr�n ptace�cmr�emnativn.a�r�erei�r�sh3� - r -
<br /> �� . � aed stuU bc paid to Lender to the exteal of the full acnounl at the indcbte8nrss�hat rcmains unpaid under ihe Nate aad�his I T -
<br /> ��V��`,-�=�� •!"� � 5ecunty tnstrumem.Leeder sh�li apply such praYMs to the redunion nf the indcbtednes�under ihe Note aad tAis 5ecurity
<br /> s - instrumen4 tirst ta aay delin4uent�aounts apylied in�hr order provided in paragraph 3.and tisert to prepaymtnt ot principal• _
<br /> - �,��'�': ....;T_� . - — . . .
<br /> .. rir' ±_i PrK.i2ej; ,_
<br /> . r,u�- t_�..4�.
<br />. �3�'� ��{y !•�' . .__. __ . ...__. —_-
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