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<br /> �` �.�reees,,mYslt�,mioa�t,a'1�oai��ied r�a,wa�a*i�ht*i:a seoc3�ana a2r r��4r I�+�iikr�t `'
<br /> .p�et of 16e p�opaty.�All `saa�d�il sho 4e soMe�d by�s,sec�rihr�n�at.1U1,at tl�e'fot�eauia�li.`. . .
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<br /> � . . � .H(�RSQwEtt�ODVgt,4rP�'s m�c aosrqwer i�ut�fut�jr sei�oa o�#he.�te b�by Qom►Qr�d aad�ts sha rl�it t��nl�!ud. . .
<br /> ..__- -avnvs�t iAe Pt�apat�aad-�E�C�r i���trq�t��am�oa s�f,�eocn�-�aie+�r:�-ac¢w�l=- ` : .
<br /> ifefeod�ly thc.titk w ihe Ytopaty a�qqmc all eWms�4d dem�oi�s,�utijec�to say,�oft�u[d. � � .
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<br /> ' " `, '�' �:�!7���Pr+���'M�d Lat�'�-Qornoa'es s6�U;pay whn due ibe pri�x3pd of,aod infaest an.tba -. ,.
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<br /> � ,. 2-�r Pl��r�eMs•�t Ta�s,I�c�awl Otlret t:lyc�.Bomowa'sl�all i�t4dc in tach muatWy paymeat, - .
<br /> - . � togdi�a��ri�the prioci�[aM inla�st�s ett fanb.in tlie Nooe aod any l�te cinrgac.an iaSWlment arF aoy(a)ts�css�nd spocial
<br /> ` as�asmaKS kvied or ta be levied�pid�t tbe Propaty. (b) k�Sd�Qld AzYmer�ts or gtaud�na�ts on t6e Pmpaty, �nd te?
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<br /> Fxh ynaKhi�r ii�stailmaiCfor itarts(u),(b),and(c}sdaU e�ual one-twelfth of the annu�l amatots,�s r�MY dtim�ed .
<br /> by I�eMer,P�au smoar�t su�icknt ta m�maia sw ad�tio�mt balap�ae of oot mone tlnn une�sixth of thc�ed,�naoarks.TI�t
<br /> . faU anuu�!aa�oaot fqr eacl�itom s1a11 be nocn�Oed by leuder adthso a periad endirg one month•befoce an item�wa�W .
<br /> ,. 6xume dal�n�nt. I,rndes s6ili tald tbe aieouHS o�tix6ed ire uust ta p4y items (aj, (b?� �d (c) befont dkY ba�at�e
<br /> �• ` . . • . • . •
<br /> � . .' If at miy tune•the wtal of tl�e p�ynnmts held 6y I�endeF�ar iu�ts(a). (b). atd(c�. to8dher witb tha fuWre mombly ,
<br /> pay`maxs for such i�ems PaYable w l.e�der prior w die.due dates of suc�items.eucoods by mpnc than ono�sixth the estun�tod
<br /> _ _ _�af�ryments r�qnirEd to pay suc6 item�when dne,�d if p�a�nc4 on�t6e Note�ce�r�ent.tben�iiersl�dl ei9�ec� - -_
<br /> sefwd tbe a�ciss rner onc�sisth of the estimated paymebts or crtdit the esass over one-suM oP tbe atiex�ted psymen�s to'
<br />_. subsequent payments by.8orrower,at tbe option of Bornower. if the taal of the paymenta made by Ronower for item(a?,(b),.
<br /> . cir<c) is inwfficient w pay tbe item whesn due. then Borrower sha11 pay w L�nder aay amonnt neoessary to makc ap�
<br /> - deficiency on or befon @ie dats the ium becomes due. ` ' � ' � . , �
<br /> As used in this Soe�rity L�strumrnt. ••Socretary,•means the Socretary of Housing and Urban Devetapaieat or hls or ber
<br />� , designee. In any year in which ihe Lcnder must pay a mactgage iasutance premium w the 5ec�e[ary.each moot619 WY�
<br /> sbalt aiso inctude eltf�er:(i)an instalGnent of tht annua!tportgage insurance pn7nium to be P�bY L�n�rw the Secnlary.or .
<br /> (ii)a moruhty charge instead of a awrtgage i�e�premium if this Seauity ta�meat is IteW by tGe Sec�xasy. 8�ch
<br /> . moirthly instalime�rt of the mort�age insarance premium sha116e in an amount sufficient w accumWau the full annual mortpge
<br />= -insurana premium with ixnder one mamh prior to the date the full annuai mortgage insurance pnmiam is dae to the Sernetary,
<br /> or if tLis Security Instr�noent is held 6y the Secretary. each monthiy charge shall be in an amourn equal to one-twelfih of �:
<br /> on„�-half per�nt of the outstanding principal balanae due on the Notc. � �
<br /> If Borrower tenders to Lender the full payment of all sums secured 6y this-Security lnstr�rment.8orrower's aa�ouat shall
<br /> �e credited with the�fialanoe remaining fot all instaliments for items la). (b). and(e)and any mortgage insuranoe premium
<br />. . instailmqu that,Lcmder has nat beaame obligated to pay to the Secretary.and Lender sha11 promptly refund any excess�fun4s to •
<br /> •Botrower. lmmediately prior W a fotectosure sale of the Properry or its acq�risition by L,ender. Borrower's accouM shall be
<br /> credited wi�a�ry bafance remaining for alt insta�iments for item.a(a),(b).and fe). . � •
<br /> . 3.Applkatbn n!P�yments.Ap payments under paragraphs 1 and 2 shai!bc applied by Lender as follows: � ,
<br /> , ' � • .
<br /> First.to t}ie mortgage insurance premium to be paid by Lender to ttie Secrewry ar to the monthly charge by the Secteuuy
<br /> instead of the monthly mortgage insura�ue premium: °
<br /> Secand.co any tas�,special�.ssesstnentq,leasehald payment�ar sraand rentr,��xi f7re.fl�wd and ather hazard inwtanc�e -
<br /> . .•;.,f Premiums,aa required: � - y - -
<br /> - <,;,�., Third.ro interest due urnler the Nate; , • _
<br /> - �'•_�:� Fourth.ta amcmiu{tion aP the principal af the Natc: � , , . -
<br /> ' - ~~� Fifth.to late chsu�es due under thc Notc. � -
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