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<br /> '�'OCi�THSR W1TH WI tho imprnver�ents now ur here�fter enectod on tho property.�and UI e�t.'�IR�t�;�iYht��
<br /> �ppu�te�►�nca, nnte�roydNa.mineral,oil�nd go d�hte and profits.w�tor rightr and rw�C u�d di Gxwrca now or h�Ru a
<br /> pqt ot Ihe property. All Kpl�csment�u�d�Wltioro shdl �a be ouvered by thi�Secur�ty Ia�tnuaeat. All of tbe fo��oin�i�
<br /> �ref'an+ed w in thl�S�curicy lintrumeiu�e the"lh�opaty.••
<br /> HORROW ER CQVENANTS Uwt Borrower i�lawflilly�isod of the estato hereby rnmeyal and has the�ght to�ru�t and
<br /> cx�mey the propetty�nd Uut the Prc�teRy i� rnencum6erad. eacept for encumbru�ces ofi'ncrnnl. Borrower ww�rmts �nd wfll
<br /> „ �.�„��_�.,.,� d�fend Renenlly ihe tido to tlx Property ag�inct all clwims wd denw�ds.wbjax to ony encumbrances of rx�rd. -
<br /> l.�ymeat ot Prindpd�Inta�est aod late C1ui�e.Barrowar rhall pay wben due the princip�l af.and lnten�t on. the
<br /> do6t ovidn�cod by the Noto and I�to cJur�er due unde�the Nate.
<br /> :-= 2. Monthly i�ymentA ot 71oxc�� Ins�nnoe and Olher Chwr�ge�. Borrower shall include in esch manthly paymem, _
<br /> togaher with the principal and interast as cet forth in tho Note and any late chorges, an installment of any(a)iuxes and spocl�l
<br /> �ssesxmrnts leviod or to be levied againct tt�o Property. (b) leasehald payments or�round rents an tho Property. +u�d (e)
<br /> prr�niuma far inwrance rcquirod by pat+�raph 4.
<br /> 6ach moathly installment for ite��e?.(bl. aed Qc)shall equaJr�ae-twelfYh of the annual amuunte, a�reascmahly e.cdmated
<br /> by Lender..p[us an anwunt auFticlent to mairnc�in an Additia�a0 6aUa�e�f not more then one-sixth aP the estimatod amouMR.Tho
<br /> fit�!rr�uwea� anwunt for cach item slt�ll be aaumula¢�i�by l.exr�rr a7thin a perlad ending ane m�n�h before an item wauld
<br />- �roiue delirwuent. Lender slwll hold t�e �mouats coflci� iai truct ta p�y items (a). (b). and (c) befnre they baome
<br />- de:inquent. . � �
<br /> if ut any time the tou►1 oP the paprnents held by i.ender for ite�aes (a1, Q�+?, and (c), to�ether with the fuiure monthly
<br /> ps►yments far cuch items pay,oble to l.ende�prlor to tQ�e due dates af such items,e�ceed�by mo�e[hen one-sixth �he estimated
<br /> --- -- Amount of paym�mts required to pay such itetm when due, end if payments an the Note are cument,then I.ender shail eiQ�er -
<br /> rcPond the exccss ove�one-sixlh oP the estimatcd payments or crei{it the exeesc over one-sixth of the estimoted payments to
<br />,__� subscquent pryments by Borrower,at the option of Horrower. lf 1he iotal of the p�yments made by Horrower for kem(a). (b).
<br /> = — or(e) is insufficient to pay the item when due. �hen Bc�rrower s9�a11 pay ta Lender any amount necessary co make up the
<br /> defic;iency an or beforc the date the item becarnes due. .
<br />� As ased!n this Seeurity lsssssusrx�ss. •.S�Pta.�,,mears lt�e Sectscary of flrusing ancl 4r�n I�e�ela�rnent or his or her
<br /> des{gnee. In any year (n which the[..eacier must puy a mortgAge insurance p�mlum to the Secretary, cnch monthly p;►}�ment
<br /> sholl also include either: (i)an install�nent of the annual mongage insurance premium to be paid by Lenclrr to the Secmtiirry,or
<br /> - (ii)a monthly charge instead of a mc+nBage insurance premium if this Secu�ty Instrument is held by lhe Secretary. Earh
<br /> monthly installment of the mortgage insurance premium shull be in an amount sufPkient to accumulate the fu 11 unnual mongage
<br /> insurance prcmium with Lender one month prior ta ihe dete the full r,nnual mortgage insurance premium is dt�e t�the Secrctary.
<br /> or if this Security Instniment is held by ihe Secre�ary, each monthly charge shdl be in an amount ex�ual �o one-ta•elt�h of
<br /> one•half percent of the oulslanding principal balence due on the Note.
<br /> If Borrower tende�to l.ender the full payment ot al! sums secureci by this Security Instrument.Barrower's account shell
<br />- be credited with the balance remaining for all in,talln�ems for items la), (b), und (c) und uny mortgage incurance premium
<br /> inslallment that L.ender has not become obligntal to pay to the S��cretury,ond Lendcr,hull promptly refund any exczss funds to —
<br />= ' s 'si ion b Lender Borrower's account shall be
<br /> B o r m w e r. I m m e d i A t e l y p r l o r l o a f o r e c l o s u r e s u l e o f t h e P r o p e n y o r i t a c q w. 1 y . r
<br />' crodited with any balunce remaining for all insullments fur items(u).(b).and(c►. -�
<br /> " 3.Appltcation of Pa�mentx.All puymen�under paragraphs 1 and 2 shaEl be opplied by L.ender ac followx: _
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<br /> " y,�;,;��„�:' First, tu the mort�age in:curunct premiurn d�I+e paid hy l.en:ler to the Serretary or to the monthly charge by the Secretary _
<br />-��. � �,�, inslead of thc mnnthly m�mgage in�urance prcrnium; _,
<br /> ���'' Second,t.�any t�xes,�pecial a4sessments,leasehc�ld puytnents or grnund rems, and firc,flaod und other huzard inaurcmee
<br />- �..;;��;� premiums,a�reyuire��;
<br /> °1r � Thi�d,to interext due u�der ihc i\otc;
<br /> Fourtfi,ta umortization of the prinri�l��f Ihe N��le:
<br />_. ����-��"'� ~' �ifth. to lule charges due under 9he Note. —
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