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<br /> J'.��aet�mo�nth�`i!WaIImeat for icems(af.tD>.an�!ft}slwl{cqwit w,rtv►YIRh of tlK anauat�moun�.as rriwnaWY acimuad
<br /> : ' 6y E.endee�.Ftus.sz�ut�unt suEficimt to m�at�atain an additianal b�tanc�of not mare than c�ae-wctA of tt�e atimued amou�ts.
<br /> � � Tpe fu11 aruawl t�enount fc►r a�cb ican sh�li b�ac�umWurd by Leadu w►�tltin a periad endin8 onc moeth before an item vrouW
<br /> bpcome dd�nctueat.l.ender shall hotd the adnnunts aotkaed ia trust to psy itea►s ta).lb),aad(c)6efpre tixy bccome delinpusat.
<br /> � I�at any titne ti�e totat of th�PaYma�tsbdd b1r l.snd�r for itaas(a�,tb?.and(c1.togethe�witb the faturc monthlY PsY��
<br /> — for such itetqs y�►yabta tc+L�ender prior to the due dat�s of such iteans.exeads by motc than nnr-sixth ths estin�ated amount
<br /> . , rh�v.�.n.�er d,�l)c�tt�er refunQ __ -
<br /> . tbl.HQ[t.
<br /> ----���:'Wcsue�iQ�ay s!!£[l�Ett!l�s-vxh�iFdue:snd-�t-PaY�°p ����`-- - �
<br /> ' . the excess av or�si�tit of che e�mated W►Yments or crcdit the excess over one-sixth of the atimated payments to subsequent _
<br /> yia�-ments by Borrowef,at tlie option of�orrovrer.if the totat o�the paymenis maCt by Borrowtr far itaa tij.tb).or(cf
<br /> - u insuit'kient to pay the item w!�►due,then Bonower st�all pay to Ltndtr aay amQUat neassuy ta make up the defcienc�►
<br /> i s on or before tQt date tise item 6ecoraa due•
<br /> -1-�.' As used in t2ns 5ecurity lnstcument,"Sacretary"means tl�Sec�et�ry of Housing and Urban Developmeat or his or her
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<br />»�_�; daip�ae.Muat 5ecuritlr tastrumeats iasurod by the Soaetul►are insuced under progams vrhich roquin adw�nce paYment o
<br />-:�', tb�rntire mortsa�e insurA,nco premiuio.If this Security lastrument is os was insured uader a program which did na require
<br /> _ ..,.,.
<br />_.;;�:"- - ---�cepaYataetnfthteatiteReott�ase-insur�!!ce-P�t�=thenachmontt�[papmmtsba11a1so�ad�dedther:.C��aai�tallmer�E- -- ------------.
<br /> -- of tho annwil taortga�e iasur�ttet'P�ium to be pai�l by Lender to t6e Secrctaq►.or(�)a montWy cdarge insteadof a mortpse
<br /> ins�uanoe prett►iwn if tLis Security Instrument is held hy the Sa�!..Each mo�thlY iasta�meat of t6e mor�Insuraaa �--
<br />`��''-.�� rcm�wo stiall be in an amourH sufficienc to aa�umutat�tht fi�aeai�-nio�ge ins��+�Prrmiam�vith L�ader m�misut�:� _--- - -
<br /> r;;'._,_' P ncernment�j�,►[� '_.�
<br />-- prior to t6e date tIK fuU annuat mortgage insaraace prmsium is dua ces t8�Sea�a�y.cr if this Securit9 I �;:"��.--_
<br /> .' by the SecruarS►.esch moail�lY char�e shall b�in an 9rnouat atnal w ane-twelfth af one�hatf paceat of t[ie outssandlQB P�D� .;-�._-=_
<br /> � balance due on the Nate. ' • `�� ---
<br /> • . �:. • '` � ;��
<br /> If Borrower teaders to l.ender►fio full pay�ncat of alE sums sa�ued.bgzt�s SecnaacY iastrumem,Borrovrer's acxouat shall �;:'';_---
<br /> , ' uffi[f it4tu[aace [!AliWU ,�_:�.�,
<br /> t be.craditod with the bat�noe amainiaB for aU iaaaUments for iteflns E�fl,�i�►1::��,���d?�, . . 8++8� P , � f ,.-
<br /> '� inst�llment ttu►t Lender h�s not become obGgued to pag'to the SoQaar�,aa�'I;e�de�r,shaU p�y refw�d any Cxoas fnnds ,�7� _:
<br /> � � ta Borrowa.ImmodiatdY pria�:to a foreclosu[e sale of the Property or��a byf t.encer.Bonower s account shalt , ,�.��.�r.�,;-
<br /> 6�ccedited with any batanoe temainin8 for ali instat�ments for items ta},(b).aa�i�cR �4v�rr�
<br /> .. : /,f4n; _
<br />,*,,.�.��.:` 3 A�/ir�tioa ut la�,rw�e�ts:Nl PaYmeuts under peraSrat�6s t acid.2 sh�tt.beaPPlied by Leader as foAows: . _ . . ��_�,,`,_,
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<br />- ° ,.� .� F'ust,tu tI�e aa�rtgage'_ ce ptemium to be paid by Leader t�38reSocreEaijF br to tht monlhIy chasge hy the Socret�y �
<br />' . • �`'�- insteact af the m�..+a�a�si��suraace Premium,anless Borrov�er�azd the entin mortga8e ihsurance premium when this �� .. . .'� �.:-�
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<br /> •��r."',s-. , Seat' �u�a9��le�zc�,s�a�3 assessmenu.leasehold payments or g�aund rents,and fire,flaod and other{wa�:ii insurance �,. . --
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<br /> . . '`�� <. 1'fti,rd,ta:�due�ine tvocr, ,. . ; ; -
<br /> ,:v :{f. - ��`�'`� Foutth,LO Tfl1Qit121t[4�4tf,the principal of the Note; � `` ' � ''. '
<br /> t �`" „ ' .`�fjj_y,to late charges d�xe maider the Note. � - . 'J .�..�;. '''',r' � f � `--
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<br /> � ��j+.. ,(' �. 4 _. . __.. .; ,: . ,. Pro �hethcr now in �'�`��: �=
<br /> . ' nF, �. ,� .,,, �':��' ���t7rs.Flood�d OtMs:�ard it�n�ca Borro�.�t�all impsava�enu on the perty,� l�.;���;,: ,� =
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<br /> - �€�`` �=:;'��, .. ; � �e�eis:enoe or subsequentlY erected,against any harards.�as.a¢-���fmgenai�s,na9cluding fire,for whicf�'I.cnder requira {� � ; _
<br /> • ,.. , . � � ;. Insuran�e.This�asurance sball be maintained in the amounis an���as,Ra�periods that Leader rcquira. Borrower shaU aiso (' ���� ,
<br /> ' r, =:���':''��;�.:'` insure aU imprc���aents on the Propeny,whether now in existence or sau�bsequentIy erected.against loss by floods to the actent. � ,. , � ��. ,'��
<br /> �� ��`� -:"�- ca;uirod by the Secruary.All insurance shall be carrted witb companies approved by Lender.The insurance policies and aaY f. : Y;�_
<br /> � `� �f�;'f ��a1s shal}be hetd bg Lender and shaU iactude loss gayable cisuses in favor of,and in a form acceptable to,Leader. �
<br /> ,.�.,,�. , . �.:�
<br /> ,���*y�� , ; � �jn ihe eve�af lass,Borrower shall give Lender�us,a�e�t.notice by mail.Lender may make proof of lass if not made � �_
<br /> � . �f`�`'r ifJ��'' �' '
<br /> �,�r,i{.,,, .:.�`, p r o m p tl y b y$Q i�i a?ver.Bach insuranca companY conce�tre�.�he;et�Y��thoriud and directed to make paymeat for such loss � r'„��_
<br /> • `"�������f °�� d�rectly to�.e�;xnstrad of to Borrower and to Lec�e�j�ain t ly.��l 1�oi anY D a rt o s t he i n s u r a n c e p r o c e o d s m a y b e a p p li e d �
<br /> p � .!. �fe,7-•':�-:��.
<br /> � � , .'' f` " 6;�'�a der,at i�a�t ion,e tt her(a)to t he r e du c�io�e¢��t r�i�i�e b t e d n e s s u n d e r t h e N o t e a n d t h i s S e c u ri t y l n s t r u m e n t.i l r s t t o ; � � :,,�;�
<br /> Y,{,�`i •: , ,. .+,.,. ���
<br /> rt„�c. au�.±3t�quent amounts applied in the order in PaF-.g.�i�n 3.and then to prep�sqnt o f princiDa l.or(b)t o t h e r a t o r a t i o n .f.,,. :..� +•�f���;'��`�
<br /> � :.jd ! '��
<br /> �'' ' ' � dc���zr of the r�aged prc�par�y.Any appliration q��+a:�^Yceeds to the D�n�l�^����not extend or postpone thc due date ,�5 ry�; , ��'�,_
<br /> �!tr��'r�t,
<br /> �. :�-}�.:; .' ; of ti'�e mant�'1?��nts wh�:1�aie refersedtu in Par��.�l�,�,,or cDpange the a�u.a��of such payments.Any excess insurance r�; 3c r , �_�_
<br /> , . J �;' prac�eds avea.ar��aunt requlted to pay all outstandiiRg nt�E.�'•a�a¢ss�tnid:i'tp;e Tvote and thls Security instrument shall�be , a . -
<br /> . } ��;>� P�;'A the eakiti�l�tegally eatitled thereto. :, ; .:' .: . ' . E . _ '�-�`'
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<br /> � 'sC �-`��i'u;the eveal of farec�o�tire of this Security tnstrwzzeat or othtx'transfer a`�.uile to the PropertY that;�.i�gu3shes the . ;�t�r . ";-�' �-
<br /> 3�'�- �� r�tedness,all right,ticCe�escfi interest ot Borrower ic�a�d.[o insurance poliCce��n force shall pass to t��rchaser. ;,�r,�;�' .�;.
<br /> .. . �. f�ttr ���E�{�i�: ; , . � . . • :.:. ...::. , , .. . ���± ', ..
<br /> ,;:;r��,.,rFr,'; s,p��b ly�s��'1�.property,l.e�se�olds.Borrower sfiall not�omm;���aste or destroy,damage�r ; . �� :�f,'�t,,
<br /> �. �•`.;�'a�.I±.,.•. ' .'� substanllaUy c�ra�ge the Pcog�rtx°:ar a�u�r:Tts Propeny to deteriorate,reasonable weai ar�d te�,�cxx�r�,�,l.ender may inspect � , ;'.i;;?';�i«;%��%r
<br /> ,�y+��,��;�,_ �� � �•, t b�prope r ty i t t h e p r o D e r t g i��a c a n t o s a b a n d o n e d o�t h e t o a n i s i n d e f a u l t. L e n d e r m a y't a i;e r r•,�;+�j�l e a o tion to protect ,�,�;�;�;��:t���?��;r}�,
<br /> '�sati�� - • • � au�d�res�ve such vacant o��doneA property. [f a9b�Security Instrument is o�a�teaseh6r:d;:�3i;sroae"r sha11 comply with �.j`,t�s�,:�,;�`;?�;����i�ti
<br /> �4 �r�';'�'_ �i : � n the Pro rt the teasd's���and t'e{e i�'t]�'v3t�11 noG be merge d un less t,'ti¢}''� t;�i r�l.;�:l,�;,. �,
<br /> ., � , �r,l?��prvvisionsofthelease.lf�Borroworacquiresfee,c'l����: P� Y. � � �4����5�j'�`,;rt ,3;`. :,
<br /> . � _ . ,. °1L��agrees�to the merger in writing. '. • � . . f�:�s;t����' �.��'V��t7�1�N
<br /> . � , :�,. ;
<br /> . '�, , . _.. . , •,. . ., 't�j � Eti
<br /> .,r:;r�; . �� t�ie Ire .Bonowcr shalt a aJ3 37a1 . _ �'�'�f/",;'""."`.
<br /> ;,;r,,� !..�.�co,BorroMera�ProttctTia�o�� �4h p�P�!' P y Bavemm�'tai.ormunia . . .,,,���,ti;•':s:'
<br /> '' :�5�;��' �e9,fines and impositions that are nat inauit�:��pr:L�ragraph Z.Borrower sh�It pay these obligations a�r riine dircctiy to , , '/;;;:',`: :
<br /> � �:�.;�' pnid advcrscly affecc LeQd'cr's interest ln thr Prope�ty:-,upon Lender's � �..� , �;�. '
<br /> � thc entity which is owed tf�e paytnent.If faiture co t�av�� '�"":'',
<br /> :;(;�'_ ,_..
<br /> `"+Yr� . , ,�� 1Y'r., •�
<br /> ��:� • , request$orrawer shall prumptiy furaish to Gender re+ce�ipts evidertcing tNese p�yments. t , ;, �•
<br /> �tr' :i .. , • :/,�:4��;?�„�;�;e�,''��,;i��ii':
<br /> ''�;�.;;.. �`.°� ..', !t Borrower faiLs to make these paym��ls or the paymeats required by f'aragraph�.c�r faiLs.to per[orm any aher covenants �. �;��,n..,,;f;:�,:°� ,�,,�
<br /> • �' , ' , .. •1 • • �,d h;• , ;�,
<br /> ,,,ti ,,, andagrerments rnntainM in chis Security instrument,ar ehere is a ic�yul proceedin�thaE rnay,significantly atiect lender s�ights . �, ,a�f
<br /> .. , .�.-t_..._..�L:.•��
<br /> in the Propetty(such as a praceedin8 lre bankraptcy,for randemna�ion or ta enfbcce la�s at regutations).then Leeder may �� ��-
<br /> ' � � do and pay whatever is rteeessaty to ptotect the vatue vt the Propet�y and Lender's ri�ht5'in the Property.inciuding payment r�'
<br /> ,`;' � - di taxes,hazard insurance and other Items mentloned ie i'�ragraph 2. - - : � . � ` -
<br /> . � . M y a m ouats dis6ursed b y Lender under th�s paragraph shail becomr an addition�l debt'�f Borrower artd 6e s�currcd k,
<br /> . b y t hi s 5ecurit y Instrument.7hesc antounts shall bear intcrest from�hc date a!disbursement.at the Note�utt.nnd at t ht , . . �
<br /> � . � . a�tion of Lender,sAall be immediatety due and payable. �
<br /> � ,
<br /> ' • ?.Co�.The ptoceeds of any awud or claim tor damagcs.d'uect or consequeatiai. in connection wi�h any � ' . •
<br /> _---�_- -
<br /> ��.��=—_:_-
<br /> - - - - C7�l6fAZifitlti Ot 81her tatting of�anY Yart uf tiic f*tcs�ftY.of ftrr cos�scyattcc is:p�re a£�ssdE�sna!iotE.ate herc�+Y�eci ,- __-_--_.--__:--°_-------,
<br /> � and sLall br paid ta LcaQer tott�e exter�t oi the tull amount oi the indebtedne�s that remains uan�d under the Note and this •
<br /> ' • 5rsurity fnstrument.L,endep shall appi�.such ptocte�to�he rtdur�ion af the indebttclrcess under the Note and thls 5ecurity
<br /> � � . �
<br /> � � ` ' , 1'nsttument,fitsttoat�ydefiaquentamuuntsapptie�i�tlteardetDsovidedini'ardgtapb3.andfAeatoprrpaymentotprinripal. k
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