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<br /> -- 1, Poqmmt otPtinclpal,lnterect enA Lab Chavge. Borrower�hull pay when d�Nio pdg'��ga Nunat on,
<br /> --- �7�a6eEtEV(denc:.dbylhoHateaadletechargaduew�de+�dt'Nota. _
<br /> - -- 9. Monthl�ppmente o14Lxea,Insuronce ond OtAe►CharQee. Rorrowar shetl lnoludo In cach monmly�ym ent, -- ---
<br /> '"`� togetl�a wW the pdne1D�1 end Interut as cet torth In�ho Noro and any late chary{c�,m Instailment of eny(e)taxes and
<br /> — epeclal easeumente IevIW or w bo levled agdnst tia Vrope�iY.N)iwe�otd peymxnu m ground rcnq on the Propeny,end
<br /> y� (c)pnmlum9 tor Ineurance required 6y Paregaph 4. _
<br /> - Bnch moaihly Installment for itema (U. @)md(o)ihall equal onatwelM ot the ennual emounp�a+rouunably
<br /> � esdmated by Lender,plus en amount sufiiolent�o maimeln an addldonal belance oi not moro Nan onaatxth ot the
<br /> t`� m na�thatb�etaa�itun would�beco e delliWiqucnt��r shell ho!he emouunu colce��In uusi ionpap Itema(e),�@)nnd ' " `
<br /> �+�a (c)Lofon�heybecomedeltnquen� �r
<br /> �"-.� 1 It et my tlme the rotal of the paymenee held by L.endtt for iums(a),@)and(c),cogether wtth the fumro monthlr , ,. , _M.
<br /> a � payment�toT�uch Uema payablo to Lender prior ro tho due data of such hem�,exceeds by moro than oaeaixih the � _�` _
<br /> :y;'- esdme�ed emount of paymeN�rcquircd ropay�ush iieme when due,and if pa ment�on the Nwe ere cwrcnt,�hen Lender ��yi� v� _
<br /> shall efthu rcPond tha exces�ovar one•sixth of the estMated paymenu or c�t the exuea over one-:Ixth of the euimeted
<br /> �"� prymsnu to wbuquent payments by Borrower,et the option of Bortower. if the total ot the psymenu mede by Bortower :J/A�r�.�.,��,;�:
<br /> �''� for Item(e),@),or(c)Ie Inau[ficfent to pay the item when due,then Bortower�hall pay to Lender any amomt necessery ro f� ;
<br /> k'4 �xa up me a�nci�,cy on or betorc the date the item becomea due. ` , - .
<br /> -�' As usedln thU Securft Inswmen6"Sxrctery'mean+the Secretery of Homing ond Urban Develo ment or Ai�or her �v s ,s o`i.,�.,s,:.
<br /> y a rvn0;
<br /> deai . In any year in whlcA the Lendor mustpxy e mottgage insmance prcmtum ro the 3ecrctary,eac monthly payment {5,ia�n..z _ -�
<br /> n� ;'t� ahal atao includo ei�her: (q an instellment of�he ennuel mongage inaurenee prcmium ro be pald by I.ender ro the - -
<br /> z„ ,r� Seerctnry,or 01)a monthly charge Instead of a mortgege insurenea prcmium if�his Securiry Inawment b held by �he , ��iF :� -
<br /> H�,;,� gare�ery. Eeeh monthly instellment of the mongege inaunnce prcmium ahall be in en amount wtflcient ro exumularo�he �,h� �� _—
<br /> PolI annud mortgege incurana prcmium wlth Lender one month pnor m the dete the PoII ennuel moegege Insurance ��y . ._
<br /> ',,.i pmmfum is due to ihe Secretery;or if thix Secudry Inswment le held by th¢Secretery,each monthly cl�erga shall ba in m .�� -.. ----_--
<br /> a,,�t� emoun[equel ro onatwelfth of one•helf percent of ihe ounlending principal balenec due on�he Nota '� rL��.� . -
<br />.��": lf Bortower tenden to Lender the fuil payment of all sume securcd 6y this Saurity Insaumm6 Bortowerl�ccount �r�,� � ,�; A
<br /> .---���� shdl be ercdi�W with the balena rcmeining for all insullmema for items(a),(b)end (c) end eny mongage insurance ,,,, 31� !:�� �`>�--
<br /> : ,4 prcmium inatellment thet Lender ha+not become obligated to pay ro tAe Secrcaery,end Lender shall promptiy rcPond any �`�!.} 4E10" -�
<br /> -�`;< exceaa funda ro Bortower. ImmWiately prior Io e forcclosurc sale of the Rnperty or iu ecqui:ition by Lender.BotrowerS }'�L"7 r�T`�`t _ -
<br /> .:i j account�Aell 6e oredited wi�h eny balence remaining for all instnllmenla for items(a).(b)and(c). � B < ,r`-,r —'
<br /> tr jA 3_�.�rsAsQ�p�.Iitetton ot Pgegymenta. All paymenls under Paregraphs 1 md 2 shxil bc epplied by Lender as follows: iI"" -ypF,if,s , ,
<br /> 5" Su ��instead of the m�onthly mortgage in umn ei Prcy Le�er w the Secrctery or to Ihe mont6ly chuge by the /i r�;S {t��$r��
<br /> ��. f aP, a +'�5:�•-..
<br /> � ��f� � to any�azes,apeciel easessmenu,leauhold pnymems or ground�enta,end firc,flood and aher hanrd u �>f•�+ .-
<br /> , ,�: Insuranapromiums.eareqmrrd: �j��r�L�s{' "` ';
<br /> �IRD•�oinuiatdueunder�heNote: J T��tyr�����i��i.nni..
<br /> - ��- Fi]UKllf•toemortiza�ionaf�heprincipaiuf�tR�:aiz: rr�� .'-��ct � z5+a.-.
<br /> -I" p(gg �o late cMrga due under�he Nota r� � { � ti-
<br /> t�z �,}� �e,Flood and Othtr Hazerd Insurence. Borrower shWl insurc all improvemenu on�he Propeny,whether now tie a�2�-j� Z�iy�;
<br /> r In existena or subsequenUy erected.ageinst eny hewrds.casualtia,and wntingencies,including flrc,far which I.ender �iRS� � ,;t��,� �:
<br /> ��-�'_'yg, aquires insurenee. Thi�insurencc shell 6e mnin�amed in the nmoums end for the perlods thet Lender requircs 6arrowcr ?.1.�_;;,,v K
<br /> -� ` shall elso insure all improvemems on�he Propeny,whether now in exisrcnce or subsequently erccted,agaimt loas by floods ���,�y�,e--S 4�'E�};� �. .
<br /> ---ir 4: to the extent rcquircA by thc Sccreiary All in�umna ahall be cartied with companies opprovcd by Lcnder. The insumncc �) ,h� �i �
<br /> .• .t-! polidex end any rcnewels xhall bc hcld by Lender and shnll include lou payable clausen in fnvor of,and in a form �' �.-� 3��]li
<br />=.. 1•� acceqabk�o.Lendec 1'�4�' -in t'ia€e'�.
<br /> -;r��. In �he event of losa, Burtuwer.hall givc l.ender immediutc nu�ia by mail. Lendcr may m¢ke proof of loss if not .f:�-,;t,,..� ,�(��j
<br /> -,�„ mede prom��ly by Darrower. Each Insuronce mmpmy cancemed is hemby outhurittd nnd dirccted�o m�ke payment Por � � -� ;�T ,
<br /> euch loss d realy�o Lender.In+tend ot�o Oonower ond lo Lenderjointiy. All or nny pen af�he inauronce procceds may he .���,ly _ �� ,`¢�`t a;-:;�
<br /> �.- ��� �pplied by Lender,ut its option,ei�her(n)w ihe reducUon nf the indeMedneu under the Noie end this Secumy Insuument.
<br /> - " fint ro en delin uent emounu npplicd in ihe order in Paragmph 3,ond �hen to prcpuyment of pdncip�l,or(b)to the --,�'` � ��`���--
<br /> �(�p.,�: �eatorallon or rcpuir of the demnged pmpeny. Any applic�iion ot the proceed+to the pnnapal xhall not ex�end or postpone , t. ;� �i��4�N�{ 14'
<br /> � #i-° �he due da�e of the momhl mems which are rcfertcd io in Po�agmpM1 _.ar chnnge ihe amuum of such paymenis. Any ,�,_;,�.,y,.;���y,;.,;;�-�:,_�-
<br /> ��. . Y WY '
<br /> excess imuronce procecds over on amount rcyuircd w pay oll oWslondinF mdcbicdness unJer ihe Note and�his Security + �y,� ;�;..
<br /> . v;�; r .ejfi) �i5 �F
<br /> -.j. „_ Insuument shall he paid to the cneity Icgully emitled�hercm. . . .$) , i:--.
<br /> In the event of torcclosurc of this Security Inewmem or ather uan+fer o(�itle to the Propeny�hot ez�inguishes the . - -�_,,;, ��,., y,,.:"
<br /> �'+) indebtedneu,all rigA6 tiUe und interest of 6orta«xr in and to imumnce pnlicics in(orce thall pa.�tu�he pumha+ec �'p , ;;�j�j t--,"-
<br /> --=a S. Occupency, Prwervntlon. Mnintenence end Protecllon af the Properly: Darrmrer'a Loan Applicatton; f ..zfk �,��..
<br /> -+- -•� Leeseholds. Borrower shall occupy,establish.anJ use Ihe Pn+peny as 6orto�ver's prmcipal rcsidence within six�Y days .r�v(i� �
<br />,. ;._,._.f, after�he execution of this Security Insvumem und shal I cominue m��upy�he Rupeny m Bortower's principai rcs�dence �5 ,
<br /> forat Ieast ane ywr aRer�hc date of occupmcy.uniea th.Sccm�ary dc�emiinec thix nymrcmenurill cause unduc hardship . � ;,`ti,r=< <'--�:
<br /> for Bortower,or unless extenuxting circunis�ances exisi which arc l+eyonJ Romm�crm m�tml. Dorto�ver shall nolify � ���'�� _'
<br /> a.__
<br /> .'.���i Lenders of eny exlenuating circunnlances. �orta�nr+hall nol rnmmil waqe nr Je.Irny.Jamage or wb�lunliolly change %`;i_..y_
<br />.-."�`.-7 tht Propeny or aI lo�v Ihe Ropeny lo dctcrionlc,rcmanahle wcar and Icar en�cplrJ. Lcndcr ma�'impect Ihc Propeny i(lhc �-
<br /> .�"i Roperty�s vacant or abandaned or the Iwn i.in defau h. Lender muy takc rc1 onahlc adian�o pm�ec��nd prcurve such f �
<br /> ! vacnn[ or eWndoned Prnpeny. �ormwcr shall alm i+c in dc(auh if 6nrroxcr.during the lo:m applica�ion Prcxn.. g+�r t ,
<br /> -�.;4j� ma[erielly falu or inaccurale intofmalinn or �Ialen�em• in I.enJer (or B�iled lo proride Lender e�ith any mncenai
<br /> - in(ormolion)in eanneclion wilh the loan evidemxd by Ihe Nrne,including.hul nol IimilrJ ln.rcpm�enla�ions coneeming ,
<br /> �,:u.� Borroweri occupmcy of Ihe Prupeny as a prinary�rc�iJrncc If thi�Stturily In+lmmenl i�on a Ieaahold.Bortox�er shall _
<br /> mmply wi�h�he pror�mon+of�hc Iea.e. 1(Dartnuer ucyuirc+�ce�l�k�o the Pn+�anr.�he In�.rhnld and(ee utle.hall nn1 ,
<br /> . he merged unless Lcnder ngrec�lo�he mcr@cr in nri�ing. .
<br /> 6. Charges to 6orran�er and Protectiun af t.ender'x RlRhis in Ihe Pruperh�. Nnrtnwcr.hali p:ic all goremmemal
<br /> ur municipal charges.fina and imprnilianc thai:uc noi incWd.d iit P+raEr�ph_'. Bom+xcr.hall pay�hc.c ahligmiom nn
<br /> timt dircctly to the enti�y which i.ox�ed�he paymeut. If failare�a p:n ��nu!d aJren¢h af(ert LenJer: imrre.� in �he
<br /> Property.upon Lender i rcyu.�l 6amiu�enh�ll promptly fumi�h�o IrnJer«ccip�.eviJennng�he.e paymem.. _.
<br /> • If Darrower faila lo makc Ihe.c pu}mcnh nr�hr paymcnM rcymrcd h� Paragraph 2. nr fail.tn pcdnm�any o�her
<br /> ��'•:Sr wrenw�ie md agreement<contained in thi.Secum��In.vumem.nr�herc i.a Icg:d pnxeeding�hal m:n�.ignificamlr afkcl
<br /> '�-'�i" Lcndcr's righ�c in�hc Pn+pcnr nurh a� a pnx'rcJmg in hanAmpk),f.,r amJcmnation nr to aiforcc la��.�+r rcgul:nion.�. _.
<br /> - -� - _.��._.�...: ....�.�. .,a,.v...�.....
<br /> ',:j I�en LenGer may do nnd pay wna�cvcr i>nc�c..aq iv F.fawZi:uia::::::a::.:C:�y.:;:6.....:...._._..r..._:....'""_"�__:.
<br /> - - including paymem of�axea,h:vard inwrance and other item+menunneJ in Paragraph?.
<br /> �� Any amounis di:.bur.�cd by Lcnder undcr�hi.P�mgraph•hall Mcume;m aJJitinnal JeM..f Bom+wer and M�erund
<br /> "'.:#'. by this Securily Insirumcnl. Thcu amnunix.hull hcar imcreu Grnn ihc daic of Ji.huncmcm,at Ihc Nmc ratc.and al�hc
<br /> oplion of Lendcr,shall bc immedialcly due and pa)aM1ic.
<br /> -- '' � 7. Condemna�lon. The p'ocecd•of any a��:vd or alaim(ot Jamage..Jirec�or camnryemiai,m rnnneciion�oi�h am
<br /> -�+'±'�:'" mndemnation or a�her laking of any part of Ihe Rapcny.�r for come�:mir in plaac of ronJcmnation.arc hcrchc a.�igncJ
<br /> - and shall be paid to Lcnder m Ihe exient of Om PoII amuum nf�he inJeMcdnc+��hal remain.unpaid undcr�he Nme and thn
<br /> '�''?;^' Saurity Inswment. Lendenhall appiy wch procecJ�toihe¢duc�iun n(Ihe indeMednn.unJer�he Note anJ Ihi�Se.ur.ly
<br />-�=��f����:;� Ins[mment, firsi Io any delinyuenl amounis appliod in Ihe order pmrideJ in I'araFmph 3, anJ Ihcn �o pmpaymcm nf __
<br />:�°i,a-"`"• principal. Any applicauon ot Ihe procccds to thc principai .hall nnl czlcnJ nr pnlp+nc �hc duc dalr of Ihc mamhh
<br /> ..q. .9
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<br /> �L� i��m:..���wtr•i
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