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<br /> a�sliuto�u6��enIp�ymeopEY Botmwer at�heoptfono onow�r. UthetotalqftSepaymenWmrQe6yQart8rrCr .. =
<br /> mUb(D�oreo)UinsutficlentaptytT,e�umMrcndua�HammrsillpaytoLeader�oYu�untneaswy�o :: ,.
<br /> meQouptheAe du+c�yonorEotoceUaQaty O�elum6eoome�duv. � ':��;:
<br /> Ai used In Jsle&adty Insuumeeb'8arctary'mtws tho&orcury otHousing�oC V�Dan PovelopmeN ar Ab9t�.
<br /> desf8nea, fnanyywlnMiichthoLendermostWy omortgogolnswsnotlprc+niumro�MBarcury.eaei�montNytAVAxnt-
<br /> ��I uso Nelude olther. (p aa Wt�lmene of Iha ennual mortgego Inswanco pre�mlum ro be wld DY I.ende+to tho
<br /> 8ecreury,or(0)o mon�hty ohargo instuaA of�mangego Inswanoa prcmium it Ws 8ea�tty Ins�ument 1�dsiA Dq Ne. •
<br /> BacRUry. Bac6 montAly Inst�lmem of tAe moegage Insurance premlum sfie0 De In on�mount tufflr.lent lo eocmnulue O�e •
<br /> ihtl mnu�l monao8o Inawance pttmium wiN Lendu ono mon�h pdor w tho daro the fuil annual matge8e insuranao
<br /> prtmium li due ro�he Seaetu�,or tt NI�8ocuriry Wuument I�heid by Ua 8ecretary.eech momhiy charge chail6e in m
<br /> omountequalroonc-twelRhoTono-haitperccntottAoomstendingprincipalbilmceduoonUallote. '
<br /> [t Oorto�ru tenden ro Lcndcr�Ae tullpeymeN of dl sum+eaurtd Ey�hla Saurity tnsnument.6oaowuL eoeount
<br /> �hdl be ercditcd wlth�ho Mrtence rcmaining for all ins�allmenee tor Ite.ma(ah(b)end(o)and u�y mortg�go Inwianoa
<br /> pecmlum Imtellmurt that Lcnder hm not become obligatcd�o pay to tha 3ecR�ary.and Lender shell promptly roWndony
<br /> excesa Nnd��a Bortoxxr. lmmediatcly pdw ro e foRelwuro eilo of itw Propeny or iuecqulaitlon by►.uWu.Borto�verY
<br /> aaow��hyll be cRdlled with eny�aienoe Rmalning tor nll Instellmmu for hem+(a).(b)end(c).
<br /> 3. A Ilutlon otPaymrofs. All paymenu under Pemgreplu 1 end 2�hall be appllW by Lmder a�followa:
<br /> to�ho mongage Insmance premlum a be pnkl byl.ander to the 3ecrctary or w�ho mon�hly charge by the
<br /> Rury instead oT the monchly mongnge Irouronae�romtnm:
<br /> SFSArlQ,w any�axea,specid nueumen4,leauhold paymw�o or ground rcnu,end flro,fload and otAu harard
<br /> �swanea prcmlume,es roquircd;
<br /> [o m[Ciett duo unoor inc riuic;
<br /> �oemonizs[Innofthopdnclpalotthallote:
<br /> tolatochvQe�duoundcr�heNote.
<br /> Flaod anA ONu 1larord Irtsurance. Dortower chell inwro ali Improvementc on the Propaty,whetha no�v
<br /> In oxiatena or wbrequen�ly ercctW,ogainst my hamrda,casualtia,and comingenci�,including Fue,for which I.endu
<br /> aqulrc�Insuronoe. 'fliis insurana�hall be melnreined in tho emounu end for�he perlods�Aat I.ender roquima. Bortowu
<br /> ehell al�o insu�e dl�lmprovements on�he Propeny,wheiher now In existenco or iubsequently erected.against loss by flooda
<br />- to the extrnt rcquired by ihe Secretery All insurence•hatl Ir carrial wi�h mmpaniee epproved by Lendu. 7La in+utence
<br /> policiw end any rcnewala shall be held by Lender and shall include lose payabie cleuuf in favor ot,end tn e fortn _
<br /> acaptable to,Lender.
<br /> In�he event of losa. Rorrowcr chell pire Lender immedia�e naia by mail. Lcnder may make proo(ot los+if not
<br /> made promPIly by BoROwec Cech insuronce company rnnttmed B heroby authodud end dirated w make p ment tor _�
<br /> wch los+d[tectly to Lender,instead of to Bonawer md to Le�erjointly. All or my part ot tAc insurnntt p�may be _
<br /> epplicd by Lcnder,ai i�s optlon,cither(a)to�hc rcduction of Ihe indebtcdnes�undcr�he No�e and this Secudty Inswmen4 `
<br /> fint to my delinnuent amoumc npplied in�he ordcr in PamgmPh 3,ond �hrn to prepaymmt of pdncipil,or(b)to tht _
<br /> rutomtlon or�epalr of�he dmiaged pmpeny. Any epplication o(the proceeds�o�he principal ahail not extend or poatpone
<br /> the due dete of the monthly paymen�which are rekrted to in Pemamph 2,or change�he amount of wch payments. Any =�-
<br /> excw insurenoe proceeds over m mnoum nquircd�o pay ell outs�mdmg indeMedness under the Note end ihis Seeudry =
<br /> Instrument shall M paid w the rntity Iegally cmided�hereia. _
<br /> In the evem nf forcclosure of this Sccurity Insuument or o�her trunskr ot�ide ro�he Prupeny ihu exdnguishes the _
<br /> inAebtWncss.all right,titic and intcrcst of Bortowcr in md to insumncc policics in torcc shall pass�o�hc purchucr. =
<br /> 5. Oceupancy, Preaervation. Me�ntenence and ProtecHon ot 1he Properry; Uorroaer'e Loan Applipitlon; -
<br /> I.eoaeholda. Borto�ver shall accupy,esmblisli,und ux ihe Propeny ac [torrowerh pnncipal rcsidence wi�hin sixtY daya =_
<br /> aRu�he execmion of�his Security Insuument nnd shall cominue�o oaupy ihe Propeny aa Bortowerh principal rcsidence _.
<br />.. far at Iw:t o�k year aMr ihe daie ot acuponcy.unless�he Samtary determme.�his nymrcmem�vill cnuu undue hardahfp -
<br /> for portower, or unless ex�enuming cireumsmnces exis� ahich ure bcyond Burniwer4 mmral. Borrower shall nolify =
<br /> Lenden of any utenua�ing circumcmnces. Onrtower+hall not commit waac or davoy.damage or xubstantially change -�
<br /> the Propeny or eliow the Propeny�o de�eriora�c,rcmanahle�vwr and�eur excep�cd. Lender may mxpec��he Pmpeny ihlie =_
<br /> Propeny is vacant or ebandoned or�he Iwn i.in de(ault. Lender ma���ake remonable a.�ian to pm�ect and preurve such
<br /> vecant or nhandoned Aopcny. 6ortuxer.hall abn M1c in Jefwh if Rortox�cr,during �he kun applica�ion process, gave -
<br /> malerinlly fal�e or inaccum�e infamixtinn ar aalemem� m LenJer (or failed ln pruride Lender wilh any me[eriel _
<br /> infamiauon)in conncaion ai�h thc Inan cvidcixcd hy�hc 4o�c,including.bm nm limi�cd m,rcpmscmaiions conreming =
<br /> 6orrou�ert occupancy of Ihe Ropeny a.n prin.ipul re.idenae. I!�hi.Scrunry�In.vum.m i.nn n leaschold,6ortousr ahall _
<br /> eomply�vith ihe pravi�inm of�he Iex+e. If Borta�r<r acyaire.fee IiOe In ihe 1'rn{kny,the Irauhold and(et title shnll nol =.
<br /> Ae merged uNexs Lcnder uFrce.ln Ihe merFer in wriunF.
<br /> 6. CharKex tu Borra�rer and ProtecUan of t.ender i Niµhls In Ihe Properh: Unrtoxer shali p.ry ail govemmental ..
<br />- or municipal cAargc�.fina and impai�iou.�hm urc nu� inciuJcJ in Hiragr.iph:. Ilortm�cr.hall pag Ihcu a6ligalionx an -�
<br />.. time dirally Io Ihe emi�y which i+mceJ Ihe pa)menl. If failnfe Ia p:rv irnuld adrencit af(eot Lenderi iniere4 in Ihe -.
<br /> Propeny,npon LcnJcr:myuc.t Aortauer:hall prnmp�ly fumi.h In Lcndcr rcccip��cviJcncing Ihc�c puymcnlr.
<br />�� I(6orroucr (aih m make ihc�t paymrnu nr thc paymcnl. rcyuireJ by Pamgnph '_or (ail. lo pednrm any olher
<br /> mvcnanls and agrccmrnt�comaincd in Ihi.Sccurily Im�mn¢n4 nr ihcrc f.a icgal prtxccding lha�mar�ipnificaml��atkn
<br /> _ . . _ . . ' ' . ' '_ . • _'_ .. . .._ ._'''_"".""...__c.__ �...... .........a_�:,..... -
<br />° UnOCfs nRnis�n Inc rn��Knr 1�uln a�u�q�nrcnmF m nnnuu�m..�v� vnma.....e....... ..........:�:......,. .��,_._....._... *.
<br />- Ihen Lender moy da and puy whale��er i.ntte.�ary���protca Ihc ralue of tAc Rupert;�anJ LenJer.ngM�m Ihe Ropetty.
<br /> induding paymeni of uxc+,harard inwrancc and othcr itcm+mcmiminl in Paragraph_. .
<br />' Any amountx d'u6unrd M1y Lender undet lhi�Paragraph�hall I+erome an addilional Jch1 of 8ortouer and 6e secureJ
<br /> by�his Saurily Inswmenl. Thex amounu}hall Ma inlerca fn�m�he Jalc of di.huncmen6 at Ihe Nole rate,a�d ul�he
<br /> opiion o(Lendtt,xhall 6c immedialelp duc anA payable.
<br /> 7. Candemnatlon. The pmcced.o(any award or rlaim(nr Jamagn.Jirttt or con�cyucntiat,in connection�cilh anr
<br /> condemnaeion or other mking of any pan ol Ihe Pn+perty,or fnt conveyance m piace of conJemnation,are htteb��m.igned
<br /> end ahall be paid to Lender lo Ihe cxicnl of Ihc full amounl uf Ihe indchicdnc•+�hal rcmain.unpeid undcr Ihe Nulc and�hi.
<br />�- Security InswmenL Lender�hail apply�uch proceede to Ihe rcduclion o(Ihe indebledne��undrr the No�e anJ Ihi•Securi�y ;
<br /> Inslrumenl, firsl ta eny dclinquent amouma eppiicJ in �hc order providcd in I'aragaph ?, and �hen lo prcpa��mcnl o( _
<br /> principal. Any application nf�he pmceed� �o �he principal �hall nnl ealenJ or pn.Iry+ne �he due dme o(the monlhl) -
<br /> S
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