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<br /> , ;�'� ��v��iRe�th��y s �+'Nr'k tp(V�i l �op� i, itb�er ►t�C t� Atna�Ft " � —
<br /> � bnvxar � � _ 1��
<br /> �° r ���� �,I ��3°�'�"�����,��u �`� xi�� w�'�' '
<br /> t�ctuimrmsmena VI 91to riIl'd 116!(fie � �tpte o► ti ltlrr+vy�4Y*w � '
<br /> to)pRmtm�forin#utpncottqutrt4tipP� �DhA: ' r ^ ?`�
<br /> �• ' Sic�it�q�A1 puliUme+}t for iiqmi.�)lb)�y�.E(c)y��1t fqa� bqe mrol 'Of�y�nn �yt�4u�i �iu����Y, , �
<br /> ' eatlmued 6Y►��r,.plus.en�indunl�u�cj�n�tU mdnt�tn tn �d�il on�t bA��r�pe bf aol�aur��i�tl �011� � �
<br /> - otiTinEtop'qrfflunU �7Ti5 tut a�nna! qunt. ot cpsA iteai t a11 bn mulet�y iApQerwl ��A p�d a (� ._ . -= .--.
<br /> 1nqnUepetpie�hitemwoutd�me�el�nquenr, teneor�Asi�homtho o�nt�ootwttAtnln��t npeyliemi(�)��+�nd
<br /> (o)6etote.tfleYbeoomed9�9uenL ,• ., .
<br /> t t.ac bny timp�ho to�al ot me me�fu He(d bY��er tar ltemi �@)�4(ob toae m�r.w 1�R�he(ut u i d m J n i A ty
<br /> td for sucry ltem� nbio t�cnder priot to the.due daa�ot�eh Ite exotWs by moro d��i aw� tl�f�h4� '
<br /> p m� p m o u nt ot p a y m�ete�u�icd ro pe y euct�Uemswhen due,�nA tt enw on tho No�p ara cu r ro�it,1U� Aor `
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<br /> k U a ll'e t t hu roNnd t�o oxocse ov e t ono•iix t�o t�he esi imei e q p�Y mep 1�4� �t h a o x a a s o r e r o n w i�t t i o t t h e u i l�ry�e d .
<br /> W to bsequeat�xyment�6Y II ortuwer,et t h e op don o Bo rt o w o r. l f e t o t e l o f t M p a y�n i�n m e d o b y D o t r o w e r
<br /> 0 1 (W.�yXor(c)UtnmfilCi�twpaytAeltemwhenduo,then8ortower�h�ilpay�oLenderenyertwuntneaasazy[o. .
<br /> mnkeapQ�edeflcirncy onwEefotattwdeulhoitem6ecomesduo. -
<br /> ps use4 in t�b Sxudty�nswmwt�Suretery"mew t he S c e r e tuy o f H o u s i n g e n d U r b a n D o v e t qp m e n t o r h l�o r h a r
<br /> ��p, In�y ycarinwMchNeLendermnstp�y emort;agotmwancoprc+e�umwtheSutetary.eecfimorthlypnyment
<br /> snAf dso inelude ehher: p)m instellmem oT the anmwl mortgege Inauruica pmmlum ro be oald 6y Ltadtt to IA8
<br /> Sa�etery,or qi)'a mon�hly ehurga Instead of e matgage tnaurence prcmium If Ihis&cudry InaLument le reld by iho
<br /> Surctnry. Heeb montNy installment of tLe mo�tgago Wunnce promium ehell be in an�un4unt sutfleient to aocumulate tlie
<br /> fuU aimual mortgege Insuronoe pranhim wicfi landu one month Vdor to�ho daro �he ihll ennu¢I mortgage insurence
<br /> prcmlum ia due to tlw Sarcrory,or if We Secudry imwmmt Is held by the Secre�uy,each monNly ehuge ehall be In an "' °°"-
<br /> anwwt eQuW�o onatwe0lh ot ono-heltperant otthe ouutenAing prtncfpal balnnce due on Uw Note.
<br /> U Borrower tenden to Lender Ne PoII paymem of ell ium�«cu=eA by�hla Secudty InsUVment,Bomower6 eaount
<br /> ahdl be credlted wtth Ne bnlanca romelning for ell instailmena for ircms(a),@)and (c)end any mortgege truurence =
<br /> prcmium InstelLnen[�hat 4mdu tw not 6ocome obilgaud to pxy�o the Suretary.and I.ender�heil promptly retundeny =__ _
<br />�- exow tunA+�o Bomowet Immediarcly pdor to s[orcclosuro�ela ot thn Ptoperty or iu ecquIs(tlon by Lenda,Dormwcr`a _ -
<br />- 80DOWt 6M1i7�1 bC MAlttd W{Ih Ny balence«malning for all ins�elimonu for icem�(e).(b)and(c).
<br />- 3. A IleaQon of Pxymenta All paymente under Pongrapfia 1 xnd 2 ehell be epplied by Lender a+tollows: —�
<br />_ �to the mortgege lasuronce premium to be paid by I.endu ro the Secnetery or to�Iw momhly eherge by the _—
<br /> S�e_c�rct�lnstwdoT�hemonthiymongegainxwmcepremium; __-.
<br /> $� �o eny tuea,apeelal cssesamenu,le�ehold paymente nr ground rcnro,md ftro,flood and other hnzird -
<br /> . Inaurenx p�emium+.a��equind: --
<br />.. 1yflHp,to inrorest due undu�he No�e; _ __
<br /> � lo emoni7aHon otthe principnl o(tne noiC -
<br />-= io late chmgca due under Ne Noie. -
<br /> F rr,Flood end Other Hezard Inaurance. Bmrower ahell tnsurc aIl improvemea�u on Ne Ropaty,whaher now :_--
<br /> in axistenco or eubsaquently erccted,agetnat any herards,cesueltica,end contingencia,tncluding fue,for which Lender � _' �—
<br /> [equlroa insurence. 71�b insurana chn1l 6o mainta[ncd in ih¢amounu end for the periads�hee Lender rcqutrea. Bortower ��_-----:_.
<br /> shell dw insuro ell improvementa on�he Propcny,whe�her now in existenco or subsequenqy erec�ed,egeinst lou by Flooda � �,�?`;°?,�_
<br /> �.;;.r
<br />'_- to�Iw extent mquircA by thc Secmary. All insurnnce shall be cartied with rnmpaniea epprored by Lendcr. 7Le insurance �„R:
<br />= policla end eny renow�s chall be held by Lender and chall inelude loss peynbie cleusa tn favor of, and tn a fortn -.;,5 �
<br />= ecap�able�o,i.ender. �;���1"�::
<br />= In �he ovent ot los�,Dortower�hall givc Lender immedimc notiec by mail. Lender may mekc proof of los�if not .,,i��__,_ ,_:
<br /> - made promptty by Bortower. Each insumnce company concemed la hercby�mhodud end dirce�W w meko pa mem for ,';,�:���,f,.�_
<br />' auch lata dirsctly ro Lender,instead of ro Rortower end to Lender JoinOy. All or eny pan of tAe insurance p�mey bo ,, .
<br /> - appIIW by I.endcr,et tu op�ion,either(n)to�hc rcduction of�he indebtedna.undcr thc No�e end thh Sccudty In:trument. �df it t�;
<br /> = Flnt to ony delinqucnt emounta opplicd in �he order in Pamgreph 3,and iMn �o prcpeyment of pdneipal,or(b)to�ho .
<br /> - rcslorelion ar rcpelr of the damnged propcny. Any application of thc prucccds ro�he principal shall not cxtend or po:tpono ;'�`�:4�"'' ��`'
<br />�- the duc detc of�hc monthly payments which nrc rekfred m in Pomgreph 2,or change�hc nmoum oi such paymcnte. Any •_,-;�ri;�e�.-
<br /> = cxtts+inaurmcc proceedt over an amount rcquired�o pay nll outxtandmg mdebiedncu undcr the No�c end�hh Savrity '��+��::s�'-
<br />- Inswment shall be paid a thc cnti�p Iegally enti�led ihere�o. re?,��°;._•-
<br /> In the event of torccbsurc of�his Security Inurument or o�her trons&r ot title ta the Propeny iha�ex�ingWiha the ��^'�:=�
<br />� indebtednesx all righ6 title end imercst af BoROwer in xnd�o insumnce liciex in force shell nss to�he urchaxr. ' "�"-`�`!"
<br /> P� P P i_Cr,:;�;,,,...
<br />° S. Oaupancy, Preservution, Mainlenance end Protatlon of the Properq; Borro�rerb Loan Applicatlon; t�¢�� _
<br />�= Ltaseholda. Bortower shall occupy,esiablish.and uce�he Prapeny as Bortower's pnncipal rcsidence within sixty days _ s:rf .
<br />-- e4er the exaution of thia Secumy Insirument md shall cantinue to uccupy the Propeny as Dormwerl principal residence %kkS.t!=..,�
<br /> ` for n leest one year efler the dace of occupancy,unless tM1e Sccrciary daertninex this myuircmeni will ceuse undue hardship `F2�;��'i?";}?-,�
<br />:' for Bortower, or unless extenua�ing circumstnncex ezis�which are AcyonJ 6ovu�ver: iromroi. BoROwer shall no�ify `�r.a?•,;..
<br /> Lenden of nn eztenuetin circunulences. Uorto�rer+lull nol cammil wuae or de.irny.Jmnnge or wbstenlially chenge `���-�`•"--���
<br />._ Y 8 �'ir'tiy:i�::-,
<br /> - the Pmperty or nllow the Propcny to dererioatc,rca�nnable weu and�car exiepted. Lendcr may mspcct the Propen�•if tl�c _.,y,�5��`:_ _
<br />= {'ropeny ia v�cent ar abandoned or�he laan is in de(mil�. Lender may iakc rcawnnbic action to proicct and prescrre such ��.m`.'t,�):
<br />= vacant or aWndoned Property. Bartower+hall al<n M in defmd� if Aartowrr.during�hc Inan npplica�ion prottss,gavc �,:Y;d,,;-:`
<br />�= materielly tdxc or inacwrntc in(arma�ion or c�u�emcm. tn Lcnder (or failaf io provide Lcndcr with my matcrial -"p;{,"';':
<br />-- informauoN in connec�ion wilh the loan evidenced by�he Nnle.including.Fu!na1 limi�ed la,repre.umaiions conceming -;% '1-�'�-'-�
<br />- Iforrowerk occupancy of Ihe Propetly a•n Principal re�idrnre. 1(Ihi.Security Im�rumenl ia on a Ieasehold.Bortower shall °,:if�1;�f;-.�,
<br />'� comply wi�h Ihe pronsions of Ihe leau. I(Uort�wer acyuim(ec title to lhe Propen)�.the leaxhald and fee litle xhall not Y,i..'•;;.,.,,_�
<br />-- be merged unlesss Lender agrcex to�hc merger in writing. ;�`����� � .
<br />�° 6. Charges b Borrox�er and Prolecllon of Lender's Righ[s In Ihe Praperir. [fornmer.hall pa�•all govemmenml
<br />— or munieipal[hargcs,fincc and impMiliaro Ihm xm no�induded in Paragraph?. Uortuwcr shall pay ihcu obligations on +
<br /> time dircetly lo Ihe eniily �vhich i.owed �ht paymera. If(ailu`c to pay �cnuld aJrencl)�affecl Lender� imerc�l in Ihe s�-��,
<br />-- P�opetty,upon Lender\rcyueu 8ortower.hall pmmp�l)�fumi�h�n Lender rcceipl+evidrncing thne pa�inenh. .
<br /> - It Bortower(ails to make Iheac paymcnt.or�he paymcN. reyuircd M1y 1'aragraph 2,nr faih m pedortn any olher
<br />�- tovenenis end egmements conteined in thi.Securily In.ImmenL or�here i.a Iegal prnceeding Ihai may significantiy-aflecl �-
<br />.= LenderS riRhis in Ihe Propeny(such ac a pmeeeding in bankruptcr.fur conJemnalinn nr Io en(orce law�or reguia�ian�).
<br />= Ihen Lender may do ond pay whalevcr is nettti}ary lo pmlccl 1ne vaiuc uf ine Ympert�and�cnuer's rignn in�nc rmpcny, r_ __
<br />' ineluding payment o(laxes,hazerd inmrance and other i�ems mentinned in 1'aragmph... � �
<br />° Any amoums disbursed by Lender under thi.Paragnph+hall tmmme an addniunai dcM of F3ortoxcr and be�cavred E
<br />;� by this Security Inswment. Thcsc amoums.hall bear imercs�fram the datc u(disbunemcnt,m thc Noic ratc,and m�hc f _
<br /> - option of Lender,shall be immcdialely due and payablc. � .
<br />?�� 7. Candemnntion. 'fhe prameds o(any award ar ciaim fnr dumages,direct or cunseyuen�ial,in connec�ian with any �
<br /> �� rnndemnalion or olher taking of any pan of Ihe Propeny.or for mnvepance in place nf condemnntion,are herehy aa.igned
<br />"' and shall be paid to Lcndcr lo Ihc utenl n(Ihe(ull amoum o(Ihe indebledncw�IM1aI rcmaim unpaid under Ihe Nole and Ihi.
<br />�- Saurity 1nslrumml. Lender shall apply.ucA pmceed+lo�hc rcJuc�ion o(tlx indcblednr.>under Ihe Nole and Ihi.Securiq� �
<br /> - InsWmenl.fitst to eny delinquent nmoumx applicd in Ihe ordcr pmvided in Paragraph 3, anJ Ihcn to prcpa)�mcm of !
<br /> = principal. Any epplicotion o(�he procee& to�he principal �hall not extend or pcntpnne ihe Juc da�c of�hc monthly
<br />�.:i q+uxr 7 nJJ�nxrs�
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