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<br /> - �TO(�:1'86R �iRl'H dt��e.'aia�inPai�mes aDw of�`�Ed 00 �C p��y. a0d att �eae�i�. �. ,
<br /> �e�r�ca.re�s,toyaltiny mioaal.oil�d�s ri�ts aad Pen6br•�ra�eF ri�s aed�tod�a�d alt��a�►ar 6enedl�ii
<br /> ' p�et ot�e pirogeity.AU ee�taap�aii�a�1�a�sLdIF i(w be o�raed b�r d�Secarity toW�aoeaE:Al!of�tbe 6aesai�ii
<br /> ' tderra��o ia t6is Seauity Ia�la�oeot is tl�•cF�ope�ty.,• - � � � ` , • . .
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<br /> � HL�RAOWER CUYFNANIS ti�t Horm�war is lawful�y�eised of tbe antC h�eby oonvryed and fMS�bc-rislt w p��at a�d ,- �
<br /> opnvry the PwpKrty aud tMt thc Propaty is wia�armbecod,�axoept foc�of nooid. Hona�va�aod Mn"II ,
<br /> dtfmd�ena�lh►the titie to the Pioputy a�it�at all cpims�nd d�s,sub.lect�anY�of re�ord.- , .
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<br /> � ��.ti��pit otlt�ci�i,bletr�t a�i LWe t,'i�rlc Bormartr shalt pay wl�due the prinapd of.a�l iarsiest ao.she. -
<br /> . � debt evidenced by the Na�aad lue cluraes due w�der ihe Note. ` ` ,
<br /> 2, M�IY� !l�t�ails o[Taies,�Lwea�oc a�i Oil�er.CI�1pes.Boa�nwet'sl�tll includa;�►.exfi moathiy pry[oe�,; .
<br /> . ,��t tbe priecip��id�est a4 set tioith ia N�Note and any late•ch�rgss,au inr�llment of aog(:i-tn.tes aa!�-: _.
<br />_ � a�rs l�vied o�ca bc k�riod�gain�t tbe Penpe�tY• N).taaei�ld p►Yme°ts°_r Brau°4 �s an tbe PmpatY. �od {c)
<br /> - - . ,. _ - -
<br /> p�foc in�urauct nqaited by paragr�ph 4. ' . . _- _ - --;.-- -
<br /> • � F�ch moath�ty installment for ita�as(a),(b).aod(c)s1W1�1 o�twelflh of tl�am�al atnauKs.ss�oa�6ty atim�tad
<br /> by L,ender,Ptus an anoount safficient to m�intain an addiHat�!balante of wot more thaa one-siath of d�e e�in�tod anAOUas.Tbe
<br /> fu11 ao�l aaoaat foc es�h item shpli be accoawlrted 6Y Le�der withia,a period endiag one month befrne an ttea�waWd
<br /> -`` ' �� �lA!�1='� I,asi'�sb�l�;5413 the arr�tats ooUectod 'ur t�tst to pry items ta). (b). ud (c) b�fon thry bacume
<br /> - - • - - -- -
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<br /> ` � �f:at.s�y tirt�c d1C total o�tLe paymeats�.bi'-t.�r far items(a);(b). and(c).together.witii;ifio fiRa�t niorxhlY .
<br /> ` _ Pnympr�ts fa�aicb,itk+ns p�yable w Ltnder prior m ti���dat�s of sucb itemc,cxaeds by more tls�a o�t�tht� .
<br /> _- �!l�,�P��rrd to pay sucb iums whea dae,,a�E.if paymeats an the Note are current. then I:end�x_t,i�[t+�ither
<br />- � nfuud.tl�G e�o�ss over o�sixth of tbe admaced p�rmcnt�or,cradit the ea�cess aver one-sixth of tbe�stl�ated.payrrrents to .
<br />` �4���7C Borzower.at tt�e option of Borrbwer:If the�otal oY the ts�Ymca[s m�de by Bnm�es fot iUe��.@); - --
<br />- or(c) is incufficiea�;4r.QaY the ium when due. tben Bormwer s6a11 pay ro�.ender any amount n�y to make up ttje,..',:•..
<br /> _- _ deficiency oa or befarr�tbe date the ifem bec6rnac due. .
<br />...�73. . . .
<br /> -= F_ As usod in this Socurity I�strument,"S�creta�y„means ti�Seca�acg of Housing aad Uifian Development or his or her
<br /> - designoe. In a�►y ye�r in whieh the Lender must pay a mortgage ia�uc�nce psrmium ta["re Secxetac�►.each mantlilY PaY�
<br /> E'� sh�li�lsa inc[ude eitber:(i)an installment of tbe annaal mortgage insuruxe ps�mium to be paid iry.ixnder to the Soc�etary.or
<br /> __ (ii) a.monthly charge i*suad of a utongage insurance prcmium if this 5ocurity lnstn� is[�h}� �e Secraary. Each
<br />:9',` monthly i�tlment of ttie mortgage i(�surance preminm shall bt in an amount su�cient w axumutate th�f�l anrn�al mo.rtga$e .
<br /> insnraROe premium with Lrendes one taonth prior to the date the ft�U annual mortgage insucance prcmiura as dne co tl�e Sectetary,
<br /> or if this Security lnstivment is betd by the Secretary. each mQnthly charge shall 6e ia an amourn eqaat to one-twelfth of
<br /> one-ha1F perant of the aatstanding principal balatsce due on the Note. .
<br />� 1f Borrower tenders to I.endec the fWl payment of aQ sums secured by this Securiry Jnstrument, Borrower's account sha11
<br /> be credited with the balance remaining for all installments for items(a). (b). and (c)and any mortgage insurance preroium -
<br /> -- - insfalltnent th�t Lender has not become obligated to pay to the Sccretary.and l.ender shal!promptly refund any oxcess funds to t
<br /> :;,', _
<br /> - Borrower. Immediauly prior to a foreclosure sale of the i'roperty or iu acquisidon by Lcnder. 8orrawcr's account shall 6e
<br /> - crodited with a�ry bala�ce remaining for aU installments for iteras(a).(b).and(c). - , F
<br /> - .• 3.Appli�atbn ot pi�ymtnts.AIl paymencs aander paragraphs 1 and 2 shall be applied by l.ender as fa:Iaws:� €-
<br /> �_�.,, --
<br />,�W���- First.to the mottgage insuratrce premi�m ta be paid by Lender to the Secretary or to the monthly ci-.arge by the Secretaty
<br /> __ instead of the monthty rnvrtgage insurarx�e prcmiar:�: � . :
<br /> =-- Second,to arry taaes.special assessments�i�sehotd paymenu or grouad rents,nnd fire. flood aT�d���d inwranoe
<br />_=. � ' pnmiums.as required: �
<br /> '"'`• Third�to interest due under t1��:
<br /> •'� Pourth:to amortization of the grincipzl n€t�e Note:
<br /> '�+,� Fifth,to tate charges due under the Note. .
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