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<br /> _�.�s�� -•� ._ . ��:-
<br /> . mcl�mooWtjr iastalimmt for itans(a):tbb�tCa sball alusl ooat�rdRh of tl�e�iaat�naunts.�s re�aom►61g'atin�ated' .
<br /> by Leader,Plus an amouat wfff�ient to maintaia aa additional t�lanoe of`aoc mo�than ane-sixth of ttic atims[ed amounts. `
<br /> 7sr iWl amu�l amount for�sch ita»sMal!bc�ccumuTued by Leada witiun a period sndins one mapth before ae i[an waWd
<br /> 6000nK delinQuent.Lender sis�ll�Aold th=amauats cetlected in tmst co pay iteau ta);t61.aad(r)before they baca�a�e ddin4uaK-
<br /> tf a�am►�me�he cocd of�h�paymeacs txld by t�eada for rtaas t�?.tb),and tc).to�lxr wiih�ihe future n�ontbty Wim�ts . ,
<br /> fa such items psYsbk to�.eader Drior w the due dates ot such ttems.exceeds by saore than ont-sixth the cstimatai a�unt .
<br /> - ,--- -----� _.__ „��ts-rcqeiir�ltsr�aY sNClsicem�i�ttue.�ad.if gaymsntS.Q�.�_Note ue current.tbea Lcarler s6a11�ithe�rtfund
<br /> - ' " tbe-excas over ono-sixt�of che estimued payntents ar cadit thee�ccas ovu oae=six�of tite esuinate�papnneiz�s fvarnfis��-:_ --T- - -
<br /> payments by Boirower.•at the apti�n of Boriower-if the total of ttx pa�u su�ds bY��wu€or itan t�l.!b).or(c1 -- .--- .--
<br /> - is Zatufficyetu to pay the iteat.when due.ttie�Bortou�er sNall.p�Y to Lendes anY�°�°c necassir!►to matce up the deficiency --
<br /> ;a on or before th�due ttK itaa b�coma d�re. . "
<br /> .._r.
<br />_'�-- As used in this Security lnstcua�t.•`Secretasy•mesns the Secreta�►of Housin8 and Urban De�elopm�at or his or her
<br />_"_= des�aca Most Security Iastntauats iqsured by the Secr�arY arc insured under Proarims wfiich raluirc advanoe payment o!
<br />�y"�� the en[ir�mort8ata insuraacc preffi�ua.lf this Sacurity Instru�nxnt is or wu insured under a pro�am whkh did no�require
<br /> advsnorPaYm�toft6ecntiremoti8a�cinsuranapremium.thateaehmv�dhlgpaYmmtsb�llalsoinctudeeithec:(ijaai�Ilmeat -_
<br /> ._,`...=. --
<br />:�`,;�;s�. of the annual mortgageinsuranoe premiut�t to b�paed by Lender to tt�S�cY.dr CB7 a monthiY cha�rSe in��f��---
<br />- lasuraaoe Pnautua if t6is Security la�suument is held by tba SecretacY�Fact:monthty instaltment of the tuonS�ge Insuranc�e --- ---
<br />_ -- prs�niam stuil be in an amounc�deat co aoe�mntace she fult armual nmetga8�tas�uanr�e pcuniun�wuh teaster a�c m�nttz __===___ _
<br /> prior to We dau the fnII annuat mort&a8e iosuranee Pcmiium-i�dice to the SeccetazY.or if ti�is SecuritY tastrt�menf ts held '�. __
<br /> by tise Sam�rY�pch muatWY c6u8�shall be in an amount equal to oae�tvrdfth of Qtx�IIatf pe�ent of tht ou�andiaBP��P� . __:=-
<br /> balancx due on t6c Nota ' � . " `.-- �-�
<br /> ' � Bbir?DNet's aCCOOn[sMall �i;�.<=.°-
<br /> If�orrower tenders to Lende�the full paymtnt af all swns secuced by this Seairity Iustrumeat, ��_=
<br />.;' � ' be cre�ted�vith tbe baianoe cemainiag for aU instaWnents for items[a).(b).aad tc)and any mortgage insurance pmmium '4_�..`=-=:�
<br /> �:; � insmIIartrnr tbat I.euder has aot become obligated to pay to the SecretarY.and Lrnda shall promptly refupd aaY ezcas fw�ds .,: .�;;�::
<br />- t�:Borrovrcer.l�nmediately priorto a foreclosure sak of the Propa6�'�ir iu acqnisition by Lendu,Borcower's account sbaU ��%�'`���'�-:
<br /> '' .�.1 t:;jd�-.`1-�`.
<br />��.f�tr;� 6c��ci�dited�with aaY halance remainiag for alt instaitmencs for iteai�(a),(b),and(cl. � :>i. �"_�,
<br /> �, `�,t;� ' :' t -
<br />,,3� �; . � ��� _ �t..;,�<3,.A�icattoR ot.P�y�.Atl payments under.F�S�Phs 1 and 2 shail be applied by Lender as follows: , .,-
<br />�.: p.� F'use;ta+'s�ttte mortgage insurance preauum to be paid by Leader to the Secrctary or to t6c momhly charge by the Secrctarlr
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<br /> _ :. �{. iascead of t€Qe:ii�onthly mortgage insurance premium;cualess Borrower paid the entire mortgage insuraAre pre�nium wNen this .� �
<br /> €e
<br /> . „� . SavritY Iustrumrnt was signld; ` ::.: . , .,�_
<br /> �r'T`` � Secoad.to aaY taies,speciai assessments,leasehaYd�ayments or ground rencs,and Gre,fload and other hazard insurance --
<br /> . ��=
<br /> �" premiwns,as requircd; " . ,,;�— -
<br /> , Tbird;r��tercst due under the Not�e; h
<br /> `�` t � Faurtfi;�t��amortization of the p�,al of the Note; ° r
<br /> - �` ��' Fifth.ts�ate charges due under rfr�c A�te. ` F` . -
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<br /> ! � 3: � 4.F irc.I�7 o o d a e d 4�����a'�c a B a a�i w e r s 6 a t[�u�:�a i t u n�t a�t�n e n t s.c��c�i e P r o p c►t y,w h e t her now in , ,� . . {�"�"„�°-
<br /> `?' '�;: ',�'�'�, ex�steace or subsequently e^��,a,�rsst..s�[Y fi���?��ties au�'':�r?�n�"�ii�clu��re.far which Leader requaes `w='�`� � .�
<br /> er�, �S'1} '` i�Y�-t�'' •� f ,; ' . - � —
<br /> f z �;� T.,�V�.�3 insurance.This insuranct shaU be iss�is��.rr�d in t�;��7+mts.an.G Eirc;C��erv�<g�ai Ler,�requires.Borrower shalE aCso � �---
<br /> " -,� -� • irisure all improvemenis on the Propertg."�ether mav�.�z exisien:����t�-�:3��ed.a8ain�t loss by Qoads to Ihe exaent ��- �
<br />- �l r,% ;� � � �re uiad by the Secretary.All insurancc shail be ca�ti;��r�h a.'�n�aD�?�by Lender.The insurance poltcies and anY . ` ��.i
<br />,� • � `t �._�;.��;.��L . c�ewals shall be held by Lender and shal!inclu�e Tes�;-f��Ya�te��ses e�i.i'a.�u�•of.and in a form acceptable to, Leader. � ` %•��",
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<br /> � '-� �� •°,-�����.:€'�:zider may make proof oP loss ii'not made -
<br /> , '�� S � ; +� '�. . ` 'fu the ovent of loss.Borrower shall give Le+'�r;ir.�sa..''iax;��u . �.' r-._
<br /> '` ��;��is�;« :promptly by.Bonowor.Each insurance campany co:tt�imed is��s��tr;.rtI�+ac�i.'.�.�cd directed to make payment for such loss . � ;
<br /> ' �3,y��t�` diredly to i,garler,instead of to Borro•w�r 3�d to l.ender joi����'�it�.n��a.c:�of the��ce proceeds may be a�ied . � �
<br /> �. �,..(yPrr:[i i�: � / j�4� -�—
<br /> ' �"• °t'.y:'t�, by Len der,at iu opt ion,e it her(a)ro r ti�:.r c�u c ti o n o f t h e i n d c{c�:.�,i i i�-�::�a r�e c,t�s�;V o t e��,c t r F�i s S e c u d ty I n s t r u m e n t:f i x�t o ;�•� �� ��� x ---
<br /> . . � �:'��� `: any delinquent amounts applied(n the iin3r.r`,ii�par�r,aph 3,andc n*�n to��;�t�ri{�at of principal,or(b)to the restoration �>. ., :.,�;.;Nih•;;?�r,�.;�:;..._,
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<br /> -�;.- or repair of the damaged Propeny.Anq 3��ii�iau'�a�'.ii�e proceeds to the pri�ts�:;;shall not extend or postpone the due date � ?' � ��'� ' 4�:'_
<br /> '�:•�-.J-. of the monthly Dayments which are refesr�iu+a?p.ar�g'aDh 2.or�hange the amcsant oF such payments.Any e�ccess insurance � � `'�_ ����,'f{� �_:.
<br />, .° Y;� p r o c e e d s o v e r a n am ount re quired to�'��ci:s'.a.�3�:ag indcbtedness under the Note and this Security lnstrument sh�ll be �•_ "�~ �t�:i:t'���� �� '
<br /> :n„���r c�,,
<br /> , ,. paid to the entity legatiy emitted theret�=::" � � . :'... ::.: , �'•�����'�-�-
<br /> � '��''•� �' : �+�i,r�ti;;;���.�wT�.;.
<br /> ' ' In Ihe event of foreclasuso of this Security Insu��meni or other iransfer oi'title to the.Ptoperty that extiagcisi(�i}f�e ; •:}'����"��.�:,:i
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<br /> ' ;�,..}� � indebtedness,all rlght.title an d interest o f B orrower in an d to i n s u r a n c e p o f i c i e s i n f o r c e s h a i l p a s s c c s e[�e�e r�}.'�a.',:� ; �•�r= .- .�:
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<br /> . ����+,� .. . ' ' . . .. a : .. . . - ;5 '�'.
<br /> ..*:;�:;• -_-� Leaseka�iik„�orrower shalt not ca�cni�:"dfaste or destroY.da�n��.aT `�
<br /> . �p,�". 5.Pkl�+stbe aed Matete�asce dt-�l1e Property. .
<br /> '�'� �:'iti�C:;�'� snbstantiaJly�:I;tange the Property ar all��i�i.hc Property to deterirra��:�.rcasonabfe wcar an�c,�ur.e.ccepted.lcnder m�a�ia�pect : .:`1�.•;�'
<br /> �•�,.�•, .. .`
<br /> ?�� -.� �;'��j,','�� the Property iP the Propeny is vacant-��r3bandoned or ihc loan i5 in defauEt. Lender may:�,ke reasonable action to protect i , '�'';;��:s;��.� ,., ,
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<br /> � �' � :.�y,: �� � and yreservc such vacans ar abandn�cx��'ropcny. If this Security Insuumerrt is im a leasero!dl Bo�roa•er shall romply with ,':-.,�,;1�;�.,,, ;,:
<br /> �i;.� � ';fi'1 �.ty•• ' � '.'
<br /> � ;;�: 1��'�i�?�,: ; the provisions of the teasc..Lf Botron��cquires fcr tiQc to Ihe Praperty.the Lr��s+.i?old and fee titte shal(not bc merged unless f ,.�;,,';,_�...-.�:.{'
<br /> I �4.;fl i
<br /> ,1 �?�� Lender agre�es to the mergrr ie a�iri�r�:� , • .; �
<br /> �f;�� �,t ,
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<br /> •' . , , };'�;`}i, . ', ;,. � , � � _ .�; J,�,. .
<br /> ;_,;,4',`�{y,:;?.,' 6. to 8orroxer asd Protrcifiaa at IReder s Riy�bls in Ihe PropeM}.Barrowcr shali� a5�ail Sacemmental or municlpal
<br /> �It�l.s, ,�;u,
<br /> � • � .� .'ci�tge3.f�ies and imyositioes that are ttot induded.in paragtaph 2. �orrowcr�hall pay thes�obli�tians,an time direclty to � '
<br /> _ � . th�enttty which is awed the payment.If tailure to pa);u'ould advrrsely affec�Lcnder'c interest in the Pr�p�rty.upon Lender's �
<br /> - . � . ' ';:►�equest Rartower shail promptly fumish ro Lendrr..ra:eipts e�4dertcing these payments. ', . , ) �
<br /> �,� : ' � If 8orttrver faits to make thesepaytnents ur 1he paymelits refjufred by parngr�ph 2.or f�is to perfarm ariy�ther wcenants i . ',�. �
<br /> "' � and agreeincnts contaicted in�his 5ecurny lnstrument.or thete is u ic�al proceeding thac ma>�sik:tti�cantly aifect Lender's rights '�"•-`�:'
<br /> r ,;'.;
<br /> . ,�;���_,:._ . in the Proptrty(such us'�proceeding in bankruptc}.for rondctrination or to enforce lawsor regulatiQns).then l.ender may
<br /> At .
<br /> � ��•.. • • do and p�y wtuucver is`�le�:essaty to�rotcct the�d1uc af the Prapeny and Lcnd�r's rights in the Propeny.in��luding paymcnt ; . .
<br /> - - - -'- -- . - af taaes.haaard=ipsurts�:and other items mentianed in pata�aph 2. . _ � . ;
<br /> ';.� ,' , . :
<br /> �' - . . My amoants tt'isbursed by Lender under this paragrapb shall brcome�n�dditianal debt af gorrrn►er:wdbesecured i
<br /> . �. • , by tt�is 5rcurity lnstrument.Thesc amounts chali bcar interes� trom the datr of disbursement.at the Notc.rute.:untl at the ,
<br /> � . option o!Lender. shali be immediately dur and paya6tc. _ .
<br /> � ' �.CoNerplio�.The proceeds a1'any award ot rlaim Por damages.direct��r conseyurntial.in cannection Kith any
<br />�- - ' �----==- - ' �trs�drter�ti��as.osher salcing at aay part of the i'm�+erty,ac Enr cnnvekance in place vf condemnatian.:►te heteby assigtted
<br /> _ _-_ _:__..
<br /> � '-�' ' snd shall be pa�d to Lendet to�he extent of the iull�mount of the indebtednrss�hat remeins unpaid undcr the;Vbte and ifiis � `-" --""-`--- -
<br /> � � �`t�`� � Security trutrument.Lend2r shall appty such praceeds td the tedurlion of�he indebtednrsy undcr the�ote an�i this Secutit�
<br /> � � � tastrument.�irst to an}r delinquent amounts apaiied in�hc arder provide�!in�asagr�ph�.and thcn ta prepaymcnt of princip�l.
<br /> _ `, ' .. . • - - - -- - /'uxe1�:!f � . '
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