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<br /> — �ach mantrly iast�t for itaas ta},lb�and tc�shaU Mwl ak+twdfch of the amwal amounts.sts't+atson�bly atimatad. �
<br /> bY�-�•P����Q�°t sufficknt to maintain an additional bai�acr of aflt more thap ons-siaah of ttie atimucd�amounis.
<br /> baome deliniluent.Lender s6aU hold che amo��inyaust to pag�it�ems ta�),a�c()be ore t6ey ba�ame�tddia4ua�t. _
<br /> If at:oy w�e the wtal of the paymrnts held by I.eadec for items(a1,(b),and(c).togethtr with the fut�ue monthlyr paYments
<br /> � for suct�items paYable to Lendtr prior to the due dates of such items,exaeds by more than ono-sixth the estimatod amount
<br /> - -�'uf�yments requsrc�ta isaY suck itr.ms wkea dae,�i�F�Y��oA�Nate arc cucreat.lhen I.ender-st�allsith�r ssfvnd=- -�
<br /> - the excess over ono-sixth of tde estimite�payments.or�redit the excess over one-sixth of tde estimatcd payments to subsequeat
<br /> payments by Borrow�r,at the optioa af 8orrower.lf cbe toral of the payments�ade by Borrawer for item{a),{6),or{e): ` - -
<br /> is iusufficient to pay the it+dn.�+vfierr,due.thett Harravrec s6at!pay ta Lender a�r�rn�wit n�°TM tQ make up tttedeftc'icney _
<br /> on ax before tfle da.t�tft��itera b�?pii�:du� , � ' •;� ' --_
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<br /> ,�,.:. :• - mean�ti�e�ar3'oF Hiaa�in��fJt73au.Qeveioptrtetti nc iri�ar h�
<br />. As us�ed in thfs,5ecurit�I��:"��Y'��
<br /> ;� : _ . . . . � arc insured nnder��l�!�9uSr�ad.�attc��gy.mem°o: -_-
<br /> �iy,: ��A,����'. wHlsfidid�noEtequire
<br /> des��.R�Sfi ���. -- --
<br /> `ss"�- tGc eatire�cortga�e insacari�,�r�i4:'3i�ts.�,rt�s�`eGUrity Instniment is or was insured shall also� an instaltment - _
<br /> '``""''''°' -- -sdvasceis�Y��a��:�ntirG�si�,aBe�F�,thcneachmomhiypayment (�1 �_ =_��-- - -
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<br /> .of the anaual mortgage insutanc�pice�uum to 6e paid by Lendar to the SecretarY,or('u)a monthly el�arge instrad af a mort8age R_-
<br />� �'� -�� ias�uancx Premium if this Sxuritir tasuument is hetd by tbe SecretarY-EacA monthly installmeat of the mortBaSe insurance :s;,-.--- _
<br /> ` p[emium shati be in an amount sufficieat to aavmWate the fuU annual mortgaga insurance prcmiwa with l.euder one momh - __—__
<br />- • .. priar to the due the tlill aaawll mortgage insuranct prtmiun►is due to the S�retary.or if ihis Secudty Iastrument is heTd Y:--,__
<br /> by ttx Sectet�ry,exh m�atht�r char�e sl�all be jn an amaunt rqual to oae-twelfth of oyx-half perceat af the outstanding principal ` '.�,��x--
<br /> b�iance due on the Note. � �� '�-
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<br /> �� If�otrower tonders to l.ender the full paymcat of aq sums sccurM by thlsSecurity tnstrument,Barrower's account shali "�"�ti
<br />` . � 6e credited with the f�tAnce rtmainia�far ali iastatfiments tor icems(a1.lb}�and k)aod any mong�Qe insurance premtum �T�-.:r
<br /> �' � installmrnt that Lendet has na become obG�ated to pAY ta tlte Secrctary�and I,snde�shatt promptiy rcfund any cxcess Punds _ .t.-.,,,.'.
<br /> to Bo�rowe�.ImrtKd'atety prior eo a foreciasure sak oP the Propeny or its acquisitian by LenAer.Sorrower's account shali �-$�_
<br /> ' � be credited wtth any batana remaining for att instaliments tor iiems(a),tb).anc!(c). _
<br />- " . . 3.A�/Natla�o!tsJ�ts.Alt payments ander�aragraph�1 and 2 st�aii he apPlied bY l..crtder as foltows:_ ,;�.,.�_.. --.-
<br /> , f.�, �irat.to the mortgage iasurance premium to be paid 6y Lender to the Secretary or to the monthty charge by the SeecetarY � . -_
<br /> , ,�-W.:;�. ' i�utrad oi the monthty mottgage insuraitce premiutu.ualess Bonower paid the ent"ue moctgage insurance P��iurn when this -i-�
<br /> .'.'�---:•,:'-- Sectirity tnstrument was signed; ! � `------
<br /> . t':_�.}- �:• Second,to aay taxes.special assessmeats,Ieasehold paytnents or grannd rents.and fire.itood and aiher harard insurance � '�4 �__
<br /> � c�,• premiuuas.as requireQ; �_
<br /> �;�_<� Third,to intaat due under ihe Natr. i'-,'fat� - ' �
<br /> `;�;�� _t FowrtA,to amortizatioa of t�[.principal of the Note; �!�"�;:,�'�`^�',t)7y'+-�.ira
<br /> .!' �.5 �7e�h�l _
<br /> - _ ,s�:�:: �fth,to late cisargss due{r�der.:Q��.�ote�, ,[f. Y�tti{� _-,
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<br /> ;, � 4.Fire.E'bad�sd OUur$a�'sd tw'psjwre.Borrower shal!insure aI�impro�e�e�bs oa the Property.w�Cethet novrr in y.::..,�r•�� ;� �n�.
<br /> ' "' existence or subsequentiy ere�ted,`�4ainst any hazards,casualties,and contingcrccies,is�siuding f�re,for whicA Leader reqaires ,�;rr,�;,'.�,` "� `��."-
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<br /> f y:'';'� ' ' insurance.This insvraace s�a!&:b�nraintained in the amaunts anc!for Fhe periods tbat l.ender requires.Borrowet shall atso ; .��:;f-;,.. _::.. �.. _
<br /> .;,;.;;y: inswe al!improvente3��s on ttie Pcpperty,whether now ire existence or subs:�uently erected,againsE�ass by tloods to the ement �•��`=;:;:; : ` .
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<br /> ;,::;!,•::: ;,� «quired by the Secs�ar3T.:Ad[insurance shal�be carried with companies ap�.ovec!by Lender.The insurance policies and aay � :';":�,'�� :.'
<br /> �:i!'y,tir<, - 1.K�n�� r,1r� _ i�..�„1;;"��.
<br /> '�� :. ' ; reaewaLs shall be heP�i�V.[:ende�:a��shal}inciude toss payabte ctaus�s ia�tavor c�E,and in a f o r m a c c ep t a b l e t o, l.ender. �{;j,,.:,;�, , .•' ,y
<br />,;,_:;:�. : � �.,a.,,£��:x..,. � � . rf� • -
<br /> �'�"`:t�� ' �;'�;'�"'�'��+.t;; Jn the eveat of lass,B4rr�o�er s'�aE�g►ce lxnder im►nsdiate notice by mail. Lg:ic�er may make praof of toss if not made s' �r �r,� '�
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<br /> „'�. ,����;,�,> ' pcomptSy by Bonower.Eact�:'in'susahx c��panY concemeci is hereby authorized an�di�cte�to make payment ior such loss ;{,�,.,�t� ' •
<br /> �.�. `�,. directly to t.ender,insteas4 of to Barro�res ant�to Lender jointly.Ait o�a»y part of��Fir i�.s�rar�a�proceeds may be apptied -;r•;� , y� �ry�
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<br /> by Lsnder.at(u oDtiors.eishc�s�(aT to th:;e��tion of t he in de bt e dne�ua der t he N o t e a n d t f.i�S�rit y lnstrument,�rst to •:`�R,��, , ;! f
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<br /> ,i •� L.�::,,' . �� any delinquont amounu applied in tAe order in paragraph 3,and ehen ta prepaymen,of principaF,'os(b}to the restoration .�;���,;y>;;.:, ' ,,.�
<br /> :�„ ,n�°••:."�`=.. or repair oi the damaged Property..Any application oP the proceeds to the principal s4sait not extend or postga��ala►due date ��;'i���:�;,;;�`, �•
<br /> �:,;Ys «?���?� ': . • of the monthly paymeats�ttteb are referred to in paragraph Z.or cdange�fi��amauni o1'such Dayments.Any e�co�s insuranCe' � 4��;���j;.�•� _
<br /> `�'s�``'` ' procads aver an a�a�s�t required to pay all outstanding indebcedness�nnd�r che Note and this Security Instru�tent shait b¢ • � � �`;;�''. __
<br />• �'�:=; ,�`���c��;'., paid to the ensity tegaBy entixted thereto. � � � ��'�" � � �,;.�.`
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<br /> j' �'^ ��_, . � In the eveni o�fmrsclosu�`e nf this 5erutiey trtstcur�ent or other.transfer af;�e�Ee to thc Propeny ihat extinguishes the . �r.:t,�:,.. • � _
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<br /> • ��:�:•�;z • ; � irt de bttdness.a11 ri g 3 it,teite ae�d interest of Borrawer in ari�,to insurance poticies in force shall pass to the purchaser. r';;;';:`,;';. .
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<br /> :�;,,,l;,: •:' `' .. - S.preservst�o��ad MA.IAtta9ace oF t6R IPropertY.l.easlhotd��.Bonower shall not comrnia waste or ctesaoY,damage or �;,;��;,,;,�,���: •.`: ,..
<br /> � . ,'.�.' substantialty change the Proprns ar allow the Property to deteriorate.rcasanabte wear and cear e=ta.�rited.i.ender may inspeci Y�;,. � �. • , ;,
<br /> =,�.,��,;;;, the Property if ibe P,ropertY is varant or abandoned ot�he toan is in deiautt. Lender may take re•as�nabte action to protect ,,.� , ;�
<br /> aad preserve sach vaeant or a'�aa�doned Property.li th'r.s 5ecurity instrumen!is oa a.leas:hotd. BonoHer shat{comply with !`��'� `�'•
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<br /> the provisivns ot the teasff.l��anawcr acquires tce tide to�he Property.th.e leas:ho4�and tee titie shall not bs mrrged un�ess ,}��_.,;r;,.�.•
<br /> � - Lender agrees to the merger in wdting. ��;�' s�i ,,
<br /> . 3
<br /> � ' 6.(�ar�es to Bonower�ad Protection of l.eader'o ltiytUts in�he PrapeMy.Barrowcr shat!payr aIl gavernmentai ar municigal � •
<br /> � charges.fincs and imposittons that arc nnt incfudcd in paragraph 2. Sotrowcr shall pay thcsc obligativns on time dlrectty to �
<br /> � � • the entity W�hich is owed the payment.lf failure to pay«QU1d ad��crscly�ffect l.onder'v interevt in thc Ptaptny.upan Lender'4
<br /> . request Borrower shaU pramptty furnish tcr l.ender receipis evi�icncing�he.re payment!�. ,
<br /> � ' `r � . „' (f 8otrowcr iails to make these paymenfx nr thc paymems reyuircd b�parugraph Z.��r t;ifis tn perform�ny nther covenants ;
<br /> .�S' ,.; .. and agreements containecl in this Security Instrument.nr Ihere is a Iegal prnrceding that may signiPicantly affeci i.ender's rights �
<br />- - . •• • - in!he P ropectY(suc h as a pro c e e d i n g i n b a n k r u p t c y.f o l c o n d e m n a t i n n o r t o e n f n rc c l a w s o r r e g u t a t i o ns).ihen Lender ma y ,�
<br /> do and pay whatevcr is necessary tn prniert the valuc ai�hc f'roperty and Lcttcler's ri�;hts in�hc Pr��pert}.inctu�ting payment
<br /> ' nf taxes,hazard insuranre attd athcr itcros menlioned in paragraph 2. -
<br /> , ;� � Any amounts.disbursed 6y Lcnder under this paragrapb sh�ll bccome:+n u�dilianal debt ot 8anatvec and be secured .
<br /> .�;� �r�,j4,.* . .:.. ;,i;, by thls 5ecu{}t;Y;�}`;!'�!��ix;��se am41t��t��:sh�ll bear intcr�.s� f'�bin ih�:datc�P disbursement. at the Note r�te,�nd at tl�e,
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<br /> ` :,r �' '���.�};h'p.ptl��1��r�'tf.t, .� , qp�i�:rJ cff',i.en�itry;�+�f�i�I��i�.�an�+ifil4dv�tiu.,:at�tl,�ps��:�}�;�E:r . 'r ..,'::':,`" •. .
<br /> t .) ;{j,Sf fS tlst''Y.T� . - �� '� ,. R:�:- `�r�F.`•"r � ,.. i '•�:�
<br /> ry `t'. � r } �• . .;. .� , r,,�`� � , r-i .,t� ,�.. � �'S /!;>.1':t���i
<br /> �-i ,?�jL�il� '� ti1'�S�r{i 1�°l/!,• ���� � �i�.3.r#i�{� -i � t. � � . ���r'�%'',�';��`� r F�,I.
<br />,t�i P.t,. .�� `!1��.'�s:E.•}�N(n��,fr���r .� , } ".`��• �F�� " . Oi C011ti1tt�11C1IhpIt:/11 CQI11�L'�1At'1.1Y11�1�ilU� . � r.�r '
<br /> y, r, ;:S'ii.. ��,`�r. ���C�1l1�ic�diii���i:;`�Itt pi��:�s:i3i�:�i,tit�`,3.`�v�#���c�uim fnr dai�t�;ts.dir�.�t �" .:fisri ne i� �,,:;�•,.',,:;.�,1,��� ,
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<br /> � :` :�= ;.` ,r�, ,�-= cond�fitI3Tiait,�r:�lt2iz7takingof�,anYtrFtzt-at't�'sci'ruperty.css€ascon�cy�tiicc=ih-��ol.w�d��allu���r�tten:tsy�� . F. . _ . ..�
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<br /> and shall be paf�t�i Lender to the exteni��gf�ti�e full amount of the indebtedn��ss thut rcmufns unpaid under the Nncc and tf�is ��" r :�
<br /> ' Serudty Instrument.Lender shali apply such proceeds to the recfuc�ion of the indcbiedness under�he Note and this Security :
<br /> lnsttumeat,first to any dellnquent amounts applied in ihe or@er prnvided in ti�ragraph 3.und then to prcp�yment af prittrtpal. �
<br /> - . - ruee a ai�f �
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