|
._— �` i-K-' C���t _ �Q�l — 1 i 2 ." _ . < ' � _ __-_—
<br /> . . __
<br /> _.— �. . x . . . .G�. . . �
<br /> �i
<br /> � � �,
<br /> . •.s� �...L...__'a . _ '. C_`.__—'___.___._....._ ____ _ ._(a..'� .
<br /> — ._. .._. _ ,_ �..�...� _—__—.—._ � _�.�.- � i.'{' Cl� __.C � ...
<br /> ,c�.._.c.£�c` .. ,m..t`1_ .. . ' '` _ � . c ' ._'._ < , �._ . cc_. . . ' '`. .._ . . ' - - .� . _ � 4.- . ' . �_ ' _` .. ' . f'
<br /> _ ' � . � <<` " , � . . � ._ . __ ` ',/3� c1��7�3 ,� • '-_� ,
<br /> � . i. ry�r�e.c o��ei�l�.t�a�e�t asd l,st�C�r� s«mwer ahan p�r,ween a,r�tbe p�C;Qar�na�r ao, _
<br /> ` �e debt evidenad by tLe Nae smd I�4a cLaiBesdoe mder the Nate. � ` . � � ..
<br /> ca
<br /> ' 2 Mo�tlilJ pia]�esb aiTi�es.�nuoe�1 Ot�er C6ar�s Boimwer s1��inctude a`t ead�mmtbTj(psy� :
<br /> �o�dtl,er«ria,t6e p�oap�l�e,a ic�er�t�seE ca�h in t�e rrae aoa tue c1r�gGS,�n ms�tlme�of aay t�)taxes�a � ° '
<br /> �n
<br /> ���E1[IC�O�tO tfE�EYtCf��t11C�.[b)�(11jR11CRiS UI$f0Uf1d IId1S5'O�I�1C�kU�Clty,� .
<br /> _ --- ` . te�pceaeetimsf�x�eereq�edt+��$�4� . • _
<br /> . .,FacD tnont6lx"�for items(a),(b)?ud(c),sl�ti dquat ane.tpielftL of tbe annwil`�mom�.��re�sapsbl� ��
<br /> E,end� �n amou�u�t oo rt�n �n additiaml balanc�of not mane tt�n ane-sixth of t6e
<br /> C •'�' ed a�noud�. �fult aontal amoumt for r�ach ioem slra]t 6e ac(�inla0ed.tsy 1Jeuder.aridria a period eadng oea '.
<br /> . ' month'6efae an it+enrwoald b000me de�nq�ie�. l�ender sb�!!hoid the�nowus coliocttd in ttitst ta pay ioeats(s?.t1�� ,
<br /> - �.Ec3�efe�+e b�eeemadeliaq�nt. . `� '-' .
<br /> = _ • If st�iune tbe tonl of tbe pi beld by Lenda for i�ems(a).tb)aod Cc}�togetlkt.wi�h tbe 1'utune�o�tY r • ,
<br /> paymass foc snc6 ivais gayable to�pr�or to tbe due dues of s�rcb ite6is,eaoeods by mo�e d�m aoe-sixW tba�- .
<br /> � eswn�tod amoont�psymeats roquuaa to s�fi rtea��rhen dpe,pnd if��� au,�s�•the Iva�e s�ne c�unmt,than I.endet �
<br /> ` s�U eitt�a.�efund d�e e:as.s over aae-�q�tbe�pa nr the excess oirer aa�e�e�e�eA �
<br /> �a
<br />_—-- — � � ,paympus w�t�ayments by Boriawe�at tbe optiat Barmwer. �f the wta!of tbe paymeots mule by Bqnower=
<br /> . ��„c�f.rof�c�l u���u���a�.�8�����c����►�
<br /> - mal�e a�tbe�efic'�ucyr on ar before the datc tlie�tan b�+oome.s doe. : - • � - —� � _
<br />- ' As used in this Sectiriry In�umeut."S�oc�etazY"means d�e Socretaty of Haisirtg an�U�6an Oerelap�ent a t�is a t�er
<br /> ` desigooe��W any year ia wh�h th��.ender mtrst pay a moct�age insurance p�emimn ta thc Samaey.each montUly PaYm�t, . _
<br />- ,�sfs�p atso ulcltide either, C?an it�smllmrnt of!he awmaI a�t�e iasurancat p�elaTwn to be Paid bY.L.eader to the
<br /> '. ' Sa�e(�y,ar(n��moat6iy cha�ge�of a�osrgage irtsurance premiuen�if this Secuntp Iaswmmt�is�6cld by the .
<br />-- _ • • Sa,ictaty. Faeh mcmditY aistallment of the mortgage insu�nce psemium.shall be in�amoom st�Cime w acacu�ola0e We ..
<br /> �`.'r� fatl aaapl mong�t ir�aaz�ce Pi'emium vrith I.ender anc�ma�ath pdor tQ t6e date t6e ftt11 aattnl mortgage u�su�aqice
<br /> = piqnium is due to the Seaeta�y;�if this Security It�ummt is beld b�r the Secretary.weh monthlY char8e s,hail be iu an .
<br /> � amamt equal fn an-twelfth of o�-half�emem of the outstaadin8 P�P��due on the Note. � •
<br /> . �_ . If Borrowei tenders to l,ender the futlpay�rrrnt af all'svrr�s secu�d by tlus Securiry Ir�sw�rrent,Harower's acca�m
<br />_ � '' .�i;;, ' sha�!be ctedited with d�e balanae nemainutg f o r a ll irt.stallments for i�ems(a�.(b)and(c)artd an ��
<br /> ems
<br /> �.:y i.�„�':.. - - pnmium iastattmeat 16at�Ifas not becume obligattdttrpaty tP thcSeaeeaey;and t�:tMer sha! y ao�y = ' --
<br /> •�-� �� . e�[oess futjds to Botrower. Imme�iaLely prior to a fa�ectos�m sale of the Ptoperty or its acquisitIon by l.ender,Bonowers •
<br /> .. , _..•_��=_' . �shaU be credioed arith any balarnx ranaining_for a11 iastaliments for ioems(a?tb)and(a). . � �-—
<br /> `�;,�'�_ . . :r`� dAt�meet� All payments untkr Pa�hs 1 ard 2 si�ati be appl'ted by l.endet as follows:
<br /> � ('''`"-'~ to ihe mortgage insurance premrwn to be paid by Lend�r w the Secr�tary ar to the momfily ch�ge by the =--
<br /> 1-�. �K'`'�-� . . .;,5 x Soctetary instead of_the monttity mactgage insurarrce premiwn: _--
<br /> -� '` �.w anY�es.spocial atsessmeMs.leaset�oW paymeitts or grau�d rents.artd fire.tlood and ott�er hazard
<br /> � -��""`. ��. . - insurancx pce�iums,ast�quired; . � � � �
<br /> ;_ .t ` �j$Q,to interest�fue u�tler the Note: . , <. �`"��
<br /> .. . "�:M .-: - ` �,to amortizsaion of the principai of the Noc� ------
<br /> �:_::; ; , w late es due under the Note.
<br /> �� � �'�:�_.
<br /> • -- - „ . . � �E7ood and Ot6ar HasaN M�rr�noe. Bonowee s�aB�e all improvements on the Prapectx,whether now
<br /> aw��._
<br /> ' . . . . ' . in existen�x or subseguently ererted.against any hazardc.c�sualties,and contingencles.inclading fine.for whicb Lender , ,
<br /> . neyuires insut�ce. This insurance shall be maintaine��n the amounts and for the periods that Lender requires. Borrower :,;.:��'";--
<br /> �shall also insure all improvements an the Propeny.whetlier now in existence or s�ubsequently ettxced.against toss by floods . � +>:-.:
<br /> . . .. � ,. to tbe extent re�quized by the Socretazy. All in.curance shalf be catried with companies approved by Lender. 'I7�e iawtance �
<br /> ` r., � ` policies and any nenewals shaA be hetd by Lender and shall include loss payable clauses in favor of,and in a form •.
<br />_ •,.t y`. . acc8ptabte to,L.ertder. � • , , , ;� �
<br /> �''"f''• • ._ . In the evecu of loss.Borrower shall give l.ender immediaie notice by rnail. Lender may make proof of loss if not
<br /> ` ' ' n�ade pmmptly by Borrower. Each iacurance company concemed is hereby authorized and directed to make payrt�ent for `
<br /> P� � � � su�h'loss diratly to Lertder.i�.ctead af w Borrower and tn lxnder joindy. AII rnr any part of ti�e insurapce proceeds may be ,
<br />
|