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<br /> - � � -L �.;:t�t h+i.dr�l.�I�t..t t,.ie� Sa+�a aY�p�r�Y.are die�;.oipd a�.ia i�Mrac ar� , `
<br /> �,� ti�drbt�errnlMOba b�r t�e Nole ad Lre c[�drevndnt Ibt Nale.. . �
<br /> � �r+�T l,1����'!�i�s�ec aM1 OYYe� gon�wet eWll i�ci�de in ac��r0►�t.�. .
<br /> � ' Io�ed�et wi�tie pri4eipd ad wqe+t as�et foeM 1e i6e ATole a�y'iMe c�.s i�eat a�f aR!►ts .1�� =� ,
<br /> � s�ci�1�qe�wqprs kvied at a be.kvied apinq tbe P�g.(b) ,Ita�eioW p�y�le+�s.a P'a�d�a�IM lla�eY.�d
<br /> . � ta)peaMw�sfa�i�w+�x�eqwirod.b�tP��ph4. �. ` • aaatweltMe_oftEe:amu�l'�:_!��. .
<br /> --- - � f•�drmoiMWg�taa i�mt t;}.{b3 mc!fe)a6�1!�qn�t: _
<br /> : ��r;,e�e�plu�aa amoant.suf�ciept a m�intain�a.�d.d�tiodi b�i�oc� af aot aia�e ti�w d�e-su�wd�dE trc_ ,
<br /> .. taqj�ed�eoYats. 'ttie fidi�rw�l�p+uu� iar adi�iiem slrlt be soaueuLltd DY Ixoder wi1M a peciod o�e
<br /> mo�i betati�a i�am wwld becan�detioquar• I�endir si�lthoid tAe�n�oaats ouDecfed ie unst a p�y i�ia�s.t��tb �d
<br /> (c}Mfqe�g beeaae ddio9ue�M- . tor iian�(a),(d)�nd(ck �fie trwe a�oiM6[y� .
<br /> , .� U at�ty t�11�totd of�MY��,�.� ;
<br /> • fQ wcb ilems p4yable tu Itadri t�t�e.dne.d�les�ot auc6 ildns.e�mo[t tirt o�e- die
<br /> dt���a�t o��jnfi�ts ne�u�re�w p�Y s�,r ���p�s when due.�od if Payn�aKS�t6e Na�e�c,��d sxia�ed
<br /> �11 eilie��fu�d the e�oesc awa aoe-sistp of t�e' p� or crodit.tl�eueu ova
<br /> �ar oQAi4n��'� �!�.mnl of�Pa��naiat�n�s'�y
<br /> ----,_ paYa.,�t'ts± ,. �P�YinenlsbY:. ��i[t , nnde Bon�ir�es .
<br /> �far' f (bR uir c)�s i�1�Aq,�!X���° w�.dR4�.��'°q'et s�;!U P�Y A' y
<br /> m�e�'��'.Q�t'�cia�cy an orbdRhF,�r�°���,�'conies dae. etUis a.
<br /> q�od.�ttµs SecuritY SxR�Y_n�da the SeeretuY o��b�u�n�sad U�n D�vebpmCOt {�
<br /> ��,�'t�'�ny year in whishu�r mu�tp�►A a�aetgage insur�oe P�emium to tLe Soc�et�ry.each�1Y P�Y�
<br /> ai�inciude either: (� an inst�llment�1� �nnual mortB�E��P��O�� � � to
<br /> .SeaetsY,a(u�s maathty ch�r�e ia�d of�►mlxt�w�e�n,wtsnce Pim�un�if ti�is SecmitY��s lwtd by the
<br /> Secretar�r.�Etc�monthlY inst�llmau of tlie mwtg�e i�p�sbsU be�'p ao�su�t'icient to accumala�e the
<br /> _._ -------_-. fal�aa�ai_�ue�t.!�'in�on�cs_p�mium_�rithl�t_�mondi prwr to the dats tbe futi anowl mo�t�s�e inwnr�e :
<br /> - �u �tsal3l��Seaa—--- .
<br /> p�it doe w tbt Socrtt�y:a if t6is Seciidty Ia�nuiien[i'sTieTd tf�d�e�Y•eACh y�
<br /> � � , aowimt aNal ta oae-twelflh of aiat�lf pe�mt of the aitatpndinS,Princ�p�ll�nla�due oo tlrc Note.
<br /> Tf Borrower tende�s to LeMer tht full pny�t of atl sums aecu�ed by this Security Ias�uataW.Harowa's accouRt
<br /> . sbtll be crodital.with the b�lsuice zernainiug for all instalhnents for items ta),p�)and(�)and a�Y���
<br /> _��.�e m__iu_m_� i�� altment tl�at I.erder has not becane obligated to pa�r to tite SecnetuY,and I.ender sd�ll ps�amPdY cefimd any
<br /> - ---_—___.. fu �snd to�onower�a(er-PrNr—uaf� -it�zcqaisuwa.by.I.md�r.Ba�ower's, —
<br /> a�oodunt sTu111 be cioditod witt�any balance mnaining for all insWtments far ite�ns(a).(b)amd(c)• � �
<br /> 3;• Applkado�of H�J��.�PaY����P�1 and 2 shall be ap�i�by Lender as fotlows:
<br />__ � .�g�y to tNe mortgage ins�uance p�+emium to be plud by l.eader to the SecretacY a to the mopthty charge,l+Sr tEaF
<br /> - Secntary instead of the as�1Y mort8a�e,insurance p�eminm:
<br /> . �,to any taues.spx►al_�ses�.Ieasehold payments or govad tents.and fie�.tToad and othcr hazud
<br /> - �oe Promiu�ns.as ,
<br /> _ ,to intenest diie.a�Nat�
<br /> - , w a�ria�4zation of the.ptinci�of the Note:
<br />_- , to 1�e.5l�ges dtte�ndtr tlte ote.,
<br /> a; ��Otier H�z�d I�t. Borrower shaU iusy��improvemencs an the Piq�e{43',wiretber now
<br /> - - in exi�tfr�ce of:�y• , Uy eactod agamst a�►y hazards c�uaities.a��pn8encies,lnctuding fl�r,�Qr wluch I.endet
<br /> "-_ u�, insura�x �s insw�nce shall be ma�ntained in'tt�.a�nq�nts a��pi t�e Periods that Lender requins. Botrower
<br /> niso uuure all unprovert►ents on the Ptopetty,whctDter n9w 3n e�Isknr�or subsequently enetea,against loss by tloads
<br /> exta�t rtquired by the Secretary. All ins�r�ce shal!�e carried witlt�oss� a�able cla�usesY�n fav�f and in a f�orm� `-
<br /> policks and any renewals shall be heli b�r,11,,�r�r an� s6a11 tnclude r Y =
<br /> aoceptnbk to,Lendar. of loss if not
<br /> In the eve��,of loss,Borrowet sltttil give Lender immediate nocice by mail. Lcnder may malcq�pof
<br /> t
<br /> - mAde pranp�lY by Borrower. Each Inswance campany concemed is iur�eby authorized and diacted ER�ce p�ymeqt fa
<br /> - suFh loss dinctly ta Lender.instead of to Borrowet and to L.enQer jalnlly. A11 or any put of the insura�Ce ptoceecls�aY h�
<br />�.�F� by Lender,at its option.either(a)to the re3uction of t�e indeMedness under the Note and this Sccurity Instrpq�en�
<br />':'ti`" ust to any deli�quent amouats applied in ttye order in P�raph 3.and then to prep�iyment of principal.or (b}to the _
<br />- _ �estoratIan or re�r of tho damaged P�nY•.�Y aPPlicatian of the proceeds ta the prisaciDal shall not extrnd or postpono =
<br /> �� tAe due date of t�manthiy payments whkh ar,e nferred to in Paragraph Z,or change the amount of sach payments. My _
<br /> =;:�; � eaass insuraoce proceeds aver an amaanc requiscd to pay at!outstaucliva indebtednezs under the Note and this SacutitY -
<br /> "F7'� . Inswment stwll be paid to the entity Iegally entitled thereto. -
<br /> - ln the evrnt of faceclosure af this Securicy Instiumenc or uther transfer of tiQe to the Ptoperty thu eatinguisixs the
<br /> - • ;ndebfedness.all rlgh�Ntk and interest ot Borrower ia and.to insurance policies in forae shall pass to the pttochaser. -
<br /> - — S. Oocup�ncy. 1'erae«�tion, Mslste�wnce and P'rotectiou ot tbe Proptstf; 8orrawer s Lo�a ApNicytian:
<br /> �n �t on,
<br /> . l,q�elwid�, go�sower�hall acnpy.establish, and use the Property as Borrower's•princlpal tesidence withln sixty days
<br /> = aftec the execudon of this Socurity lnstrumen►and shall continue to occupy the Property as Borrotver's principal residenee
<br /> ;: for at teact ane year efter the date oF uccdFaneY,unless ehe Secretsuy determine.s thi�requirement will canse undue hardship _
<br /> for Borrower.or unless extenu�ting clrcurristances exist which are 6eyond HOrrower's control. Btsrrower sh�11 notiiy
<br /> Lenders oP any extenuating circumstances. Borrower shall not cammit waste or destroy.damage or substandally change _
<br />;__,, �he pnoperiy or allow ttro ptoperty to cfeteriorate,teasonabfe wear and tear eacepted. Lender may Inspect the Property if the
<br /> - Pio�perty is vacant or ab�Kfoned or the Iou�is in default. Lender sna}�take reasonabte�etinn tn protect and piesesve such
<br /> -�'��• vacAtlt ar abandoned Arapetty• Han'ower shall alsv be in default if B�g,wer.duriag the loan application proces9.gave
<br /> �Ft����y false or inxc�uat� i /ormation or statemen�q P, t,ender tor failed ta provlde Lender with any �paledal
<br /> i ��on)in connection w.� ,t��toan ev�denced by P:T�Q including,but not li�j�gd to.representadans cpt� i�
<br /> _ �qwet�accupancy of ttt�, , tty as►a principal resi .�f this Security in��}e��'}s p�a�easehold.Bor��t!�(s��
<br /> , . comply with 1he prov�siorts of leage. (f Borrowcr sicy�� ee tiQe to thc y ��lest�ehold and fee titl¢s�ia��p�t
<br /> - �, be merged ut�Jess Lender agr.ces to the mr.rger in writing.
<br /> l� 6. �to tforro��ap�.1'rot�ot Leeder's Itights in the Property. Bortawer���)paY�11 govcmmental
<br /> e���mp icipal c ges,fitles , ' posltidns t are not i S1,�ed in Fivasraph 2. Borcower shu�l pay ihese abligations on
<br /> . �c�tecdy to the entity rK�1��s owed tt�e paymen�. �f,,��ure tn pay woutd advcrscly uffect�.ender's interest in the
<br /> _ _ �ryqperty.upon Lender's reqli�5 rrowersh�ll prompity,�+,�p 5 tn Lender receipts evidencing tF�ese paymenty.
<br /> _ If Horrower fails to make these payments nr thc pxyments reyuired by Paragraph 2.or faits tn perfortn any wtrcr _
<br /> ' _ �ovenants m�d agroenxn�s contained in this Socurity lnstrumen�or tUere is a teg�l prareedin�thnt m•ry significamly aifert - _
<br /> ___ .._ Lender's rights in the Pruperty(such as a proceeding in bankrirptCy. for condemnation ar tn enforce taws ar rtguiations).
<br /> �:. : than L.Fnd�er mry do and pay whatever is neccssary to protect the vatue of the Pr�perty and Lendcr's rights in�he Property..
<br /> inclodLig p4ymettt of taxes.haxard insurance and othcr itema mentioned in Yarngrvph 2.
<br /> - ' Any amaunta disbursed by Lender under thi�Parr�raph sh�ll hewmc:u�additional debt vf Bvauwer:ind be secured
<br /> = . by this Savnry Inytrumee� 7'hese amauats sUatl be�r tntcrest from the date of disburscrtten�at the Note rate.and at the
<br />. opsion af Lsntk�.shatl be immediately dne and pay�bie.
<br /> 7� Co�dt�uafio�. The proreeds oF any s�ward�r cl�im far du��ages.dircct or conseyuenli�l;im m�nection with any
<br /> • caadetno�tion nr ather t�lcing of any parl of the Property.ot for cdnve�e of condemnation,are hereby:usigned
<br /> ' - _ -� �sf�lFbe p�drfv i.c,��cr tu Qie exten�flY sha€nt��sswunt ot sl:e i semains.tmp��uncfee the:Nn�snd tLi� _
<br /> • � Security Ir�swmerit. Lender sba11 apply such praceeds to the reducrion of the indebtedness under tt►e Natr;u�d this 5ecuriry
<br /> ' ` laserument.first to any del`u�yuent amiwet�upplied tn the oMer Pmvlded in Paragraplf 3, and then to.prepuytpent nf .
<br /> � pTincipal: Any applicauan of the prnCeeds to the ptincipal shall aut extend or postpone the cWe clate of the monthly
<br /> .. , /ynge 2 t f 4 pogn)
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