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•��IC` . . ,v..;r .6r 4�'c?��i � - _ t l>>. ��`� <br /> -���� . _ �. _r_ ��_ (�E:ii,. _ . ' r,`!} �}T�ss��y c�j��x T _ <br /> _ .� _. ... - s- i�'_ _ _�� _ __ r.�:�..� ' _� ro3-� r }.�- t'-. <br /> . .} _ ,. _ _. . .. _ __ �FfiC c_ <br /> -�f� .. . .;�.,v . . <br /> =��:::- . . . 91--i�o��0�1 <br /> � � � . , . . . . _ _ <br /> �=' r• �� L �. 'i-.�Rd�i�u/YSE���C�ar,• �IOwer s1saU pay wHee duc tl�t prinaptl�ofi�1��� . <br /> � � t2re de6tsv�deoc�6�the Nae sid lazc a3�uges�ne�usder tbe Note <br /> �t a M�y p�ymeatr o['llu�e�Im�asc�aad Otbes Cha�es. Boaowar sAaO tnclude ia each ttwnth{Y WY�� <br /> '= to�er�a���ana�nc«�sc as Su fo,n��n�rroc�e,�aaay Eate cdarga.�o i�alUrt�e�►t nf�ay t�)wce,s usd <br /> - ; spcci�assessrt�nu kvied ar w be tevicd against tttie Propeity.fb)leauho2d p�ymaits or groutsd�tss on the Pto�paty,�nd <br /> . {c)pnmiums for insur��e niNired bl'P�Bmph 4. . <br /> -- ""`�" . F�ch mmt�ly instatImait far items(a}.(b)and tc)sbaIf equal one-tweiRh oS the annwt au►aunu.as neaso�6tY <br /> ai <br /> - �� cst�ms�d�Y Ls����!us an amnune su�"iciede to mainttia ao addidossai balacxe of�wt more thsn ax-sW6 ai the <br /> =ti.. <br /> � moath bef�itan womdfullbecom�e det�uen�t�nder��sm�all�h�A tEie aunoants�coi�u�mr[nut�co WY��tx)��� -.. . --— <br /> � (c)befone they become delinquent. �-------_ <br /> � If a!any timt the tatzl af the p�yrtxnts held by I.ender for items(o�.(b)and fc),tagctAcr with the fuAUe mess+�hly _ <br />'��'`<'" pymeats fa sucl�itcros payabk to.Lende�prior ta tl�e due date.s of tivch itrms.excaed� by moce th�n oae-s�x.tb the -- <br /> awnu+ed amount oi psymeats requind topa�y such iutns when due.and if pa, on t6e I�ote are tuneM.tfien Leadet _ <br /> '� ah�Il eitlxr refurtd�t�e exccss ovcr one-s�ath af the estimata!payments ar �t thc txass aver ane-sixth of tAc estim�cad _. <br /> � -_ � Qayments to subseq�ent pay�by Borrower.at the option of Mrrowtr. N thc totai of ttse piymerds m�de by Bosm�vet R.a.� <br /> � • f�itertt(a�.tb�oc(c)is insuffirient tu pay the ttem W+hen due thcn Bortawec shaU pay to I.ender anY am�ount t�ocessauy to =_ <br /> m�lct,a�the dcfidencyr on a before tt►e datc the itcm beco�nes due. �his ar hec � <br /> ' As�eQ ia this Savnry insaumen�"Sec�etarY mtans the Sa�etsry of Housing and Utban Orveloprneat �__-_- --. <br /> . .. 'ddFi$�ea�.ln any year u�whirb ehe Lender mast pay a martgage insurance pcemium to tbc S�ry.���Y PzY�� <br /> sball also include cithe►: li) ar�in.�taflmene of the annual mortga�e insur�nce p�emium to bc p�id b�y txnder ta tt�e �;�y_�_! <br /> . ,. Secretary,or tii)a monthly charg�e iastead of a mortgage insutance pKnitum if thss Security[nsuumer►t is held by tlte 1:;£��. <br /> ` • Sat+e�rS►. Fachmanthlyinstal'.�mce►EUfNemortgageinsurancepremiurtst�altbeinananvosmtsnfficteastooccumWatetI�e `•��_;.�;'_t. <br />- Y�• <br /> ' fu11 aruiu�l rtio�tgage iru�rance Premivm arith Lender ane month pnor to the date the fa�'annual mottga8e insurance ,::;'_:._,_.--- <br /> ` pcemium is due to t}►e Sa�tasy:or if dus Seeurity Instrumeat is held b�r the Se�etasY.e3cd monslily cts�rge shall 6c in aa �,„��_„�;.._. <br /> � �.,ti- , amoant equai to ane-tweiftb of one-half percent nf the outstanding Pri�Pai balance due am ahe No�e. ��.:: <br /> If Bormwer tertders w l.ende�tbe full payment of all sums sec�ued hy this SecuritY IasW�n�t;8u�rawer's account 9r��-�,.�- <br /> � �t� shall be credited with the 6alaace remaining ,s:.-��,-�`: <br /> a .� f�al!u�stallments far ite�(a).@)and tC)and �sy r�sa�8a8�.insw�tce ,-r���ys=.-=�-�,F_ <br /> �.r : ptemium installment tttat Lender has not become e6li ated to Qay A���•{.� ._ <br /> -.:�;. g to tlse Setaztary.ar�d 1.eM�r sl�all pso�.ptlY refund anp °<rt`> :: ,��... <br /> � `'•-`'` ' c x c e s s f u n d s t o B o t s o w e r. ]m mediatei y prior to a f�ractosure sa2e of ihe ifiaPertY as its acqui.9iaan by f.ec�.�r.Borrawerg <<' `= .�:�:•�,r <br /> • ' a a c a u n t s h a 1 1 6 e c r e d i t e d w i d�a n y 6 a l�c e�t s r�for all iattafhnents for items(a�.(�)and(c). ' . =''";' ': <br /> �r'�;t_ '� � � Appfkation at Ptiyments. All Qayments a*�der Parag,aAhs 1 and 2 shall be apptied by Lender as�i t��nws: . :� <br /> ' =- � = FIRST.to the mortgagt�nsurance pcemiacu ta be paid by l.ender to the Secretary or to tAe mcssnthl�r d:.�e by the ,.:;� <br /> . Y�:.:' , Secr�tary instead of the monthly mortgage u�arance pnem�um: .. __ <br /> . � �j9D w ara�,!taaes.special assessme�L.�teasehold payments or graund rentg.an�fire,flaod ac;�4�.�er haznrd ',,�� <br /> . °- �:�-t:' insurance prer�i�s.asrequaed: ,`, .: <br /> ` "�:•.�= <br /> .;` ': �'�`.: • g�$Q,t o i n t e c e s t d u e u n d e r E�e N a t e• :;�!�a'.%.= <br /> � '• '.:�3�'` �Qj�,to amortization of the princigal of the Note: _ ;`�;y " <br /> ,� ; �--_ <br /> . � _ ` r='; Q�,to late�arges due under the ihntr. . ,�`=s,--: <br /> �_"�� 4 FUe,Ftood atad Other Nazard I��i� Borrower shall insure aEl iraprovetaeats on the Praperry,whethcrnaw '=�•-'�; <br /> ` . ,�;�.'=,:u:. ir�extsience ar su�ss°.quently e;ected,against��.I�.�:zards,casuaitie.c.and c��encies. inetadi�eg fire.for which Lendc� , � -t�:.T=; <br /> ;' � ' ;.. ` � ' re9vires insuranee. This insurance shall be m�?�:�ed in the amounts artd iros the periods thae Lendec requites. Brnmw�r � Y, . _.��: <br /> * '� ; shall also insuse all jmprovements on the Propet�'.�:whether now in existe�ce ot su6sequently erected,agamst loss by.!]tiods� �° �:� <br /> • � to the eatent required by ihe Seccetary. All ins�r..::ce shall be carried with wmpanies aPproved by Lender. Tho i�nmaca �v ;�_. <br /> . �; �a s�:� -�� policies and any renewals shall be hetd by L,a:�r and shall include loss payabte clauses ia favar of. and in a fonm � ' , :':T <br /> : fi,:�a,' � � • acceptable to.Lertder_ , , <br /> •4 t X,... V . :.i���. <br /> , ;�.,,k. In the event o�loss.Borrawer shall gi��:l�der immediate noticc by mail. L.cnder rt�ay make�ssnof of tasr4 if�nM� - <br /> � ` �t� made promptty by Bonower. Each insurane:•sa:npany concemed is hercby authorized and directed�o st�aka p�yment�t`m . , ` �.. .`,�"< <br /> .:1:;;� ;. <br /> � '`=�' •` �<;s;�{����, ` sucb toss directly to Lender.instead of ta 8orrawer and ta L.ender jointiy. Alt or any pars of tt�e imsurancs proceeds,m�}1�be , : . ,__ <br /> .:;:��ir.�'ty�.;,�,� .. , applied by l.ender.at its aptian,either(a)to the reduction of the indebtednesv urtder the?�cru a.�this Security inst�umenl, (�..;:x;;�:,;;t;�,;•'�-- <br /> ,.G<<.c. ,,_ .,� first to any delinqaent amounts applied in t`p�arder in Puragraph 3.and then to pmpa3��'�t.c�f'p�i,-�cipal.ar•(hI-tir the ,.ir��;,;.iji��;�f___ <br /> ' � `•'` ' `" restoration or repacc of the damaged property. �=�+�y application of the proce�y to the prinmpttb s[:sEl r�•:.�:�.�tenct or•pnstpane . � � .; <br /> � ,+='� '�'�,;°�''•��}*3 the due date of'the�nonth[y payments whuh�w�czferred to in Puragraph 2.cc chan�e the arraouMt af�:�g paymvni:: Any , .• ,.: <br /> � ���,r,'�:'::Fi 1'''..��' ` ' eacesy�surance proceeds over an amount mi.7�.�r,�1 to pay ali out5tand:r�ir.debtednes4 under the hu-:�e anA•t11i�5ecuriry , <br /> ' '�'��" � [�tat�^�..�-�znt shall be paid ta ihe cntity legally ent«�thercta. _ '• <br /> '� �,,•.� • In thc evcnt of fareciasurc of this 5ecurity lnstvumecc�sc othcr transfe�af titte ro the Plroperty that oxtinguishes the • • <br /> �� - ' indebtedness.all right.titte und interest of Barrc�wer in and Io iasurance pe�licies in force�:hull paLS to the pu�ch€��r. ` . .. <br /> • �;i:'� ; : 5. Occupancy, PreservaNan, MaintE��ce and Protectton ot tQe Property: florrower's i:oan•ApplicaUon; : • <br /> � ' • � l.eASeholds. Borrawer�+hall occupy,estaMti.w"s:.and use tha Property aa Borrvwer's prinoipul resid.��:witldn�Bixty days • <br /> �:'�,.�,, <br /> � ' • after the eaecutlon of this 5ecurity(nstrumc�:»nd shpll cantinuo to uecupy.thu Propeny.a�BorroH•e�-�ps3n:ipst restdeace " � ''•.;�;t <br /> �y: • ' for at least one year After the date ai orcu�r�.�.unlecc the 5ecretnry detertnrnos thic mq::ceement will cau+e unAue h�rdship . <br /> far Banower. or uMcKV extenua!�Y c���,.�"�tancev exi�t which are be�yond Bortawer': ca�trol. Barro»�r shall notify • <br /> � � ' � Lenders of any extenuating cinur�s:r,'::t:. �:+rrower.rhall nnt rammit wu�te ar dv�tr�;.dzma�e ar sub+t�tially chango <br /> ' the Property ar allow�he Praperty td���`��yh.rcacaa,ible wear and tcur cxccpled. tea��r�tay ansp�r_t th�Ptoperty iP the , <br /> . ;;,.., .; ;� Property is vac�nt ar abandoned or�:�e :ca.n it cn deP�ula Lcndcr mi�y take rca�onuhle ac:ioh�o p�:��:�:�an�prescrve�uch <br /> ' �j� �� vncunl or abandoned f'roperly. Eaaower�!:::tf al�o He in defuult if Banower.durin;ttte toa� c��,��aitinn prncess.gave , <br /> ;. ,,.,�';., ,rir,i� '„ <br /> ' �;�°�'•'�•�� - mnterially false or inurcuratc information c; statcment� to l.cnd�r (ar failcd ta p��3:i�c Lc:+rrr. with any matenal • <br /> ,,•. „ . ,:,.,,., <br /> ' � informutian)in cvnncction with the Inan evi�:.zred by�he Nuw.inoluding.6ut no1 tim�rr=d tc�,rcp:�+vt.ta.tions concemin� <br /> 8otrower's occuppney of thc Properiy�w a pri5u:i,,ru1 residcnce. IP thiy Security tnstrum:nt:s on a tcati4-fto!d.Sarrow rrshnll � <br /> '"`;� , campiy with tho provislans nf the Ieas�. If 8e�•hrr.tcqnirc�fce�ittu to inc Fruper�y,the lea�c4i:�tci�rri t'ec title tih�+ll nut <br /> l .. bn mefged untesv I.endcr agrccs tn thc:mcr�er'+r�xritin�. <br /> ' 6. CharRes►tn Borruwer nnd Prutection uf I.cnder's Itipht�in the Pruperlr. Barc��wcr�ha{I p�y all govemmcnlal . <br /> • • or municipal ch�tgc�.finc�and impasiti�s��that utc not inrludrd in Pt�r,��raiph Z. iiom�wcr shall pay thrsc��bltgati�+nc on <br /> � � ' time direc:t�y tu thc entity which is awcd thc paymrnt. IP fuihuc ta{�ay«'c�uld advcr`cly affect Lendcr�intcrc�t in thc <br /> • ' . Ft�perty.up��n I.ender's reyucst F3un�wer�Imll pn�mptly fumi�h tu IAndrr receipty evidencing th�sr payme�u�. � <br /> lf Honawcr failv tv m�kc�hc�r paymcnt���r thr paymcntv required by Ps�r��raph 2. nr faiil� tn pctfurtn any nthct <br /> • covencmts and u��'eementti enntained in thiti Sreurity Imtrumcni.or Ihec��iv a I��gul pnxeeding that ma}���gniGc:u�ify�ffat � • <br /> I.crtd�r's ri�itits�»ihu 1'wperty�.ruch u�a prrxecJin�in biutkruptcy.f�►r cundcmnuuan c�r ta cnforcr t:�w���r rcgW�tian�►. � <br /> than Lcndcn may do sind pay whuwver i�nece«ary ta pr��tcct thu v;,tue uf the{'rupcny anJ t.en�tcr's ri�ht�in�hc P�uperty. � <br /> � � inciuding paymcm ef taxcs,htvard in.urance anQ u�ticr itcnts tnenti�ined in P'nragraph 2. • <br /> � � Any iunnun�y di�buncd by LrnQer under ihi�i�arapraph hht�tl brcuntu un udditinns+l deht��f Nunnwer und trr �ccured � � <br /> - by this 5ccurit�r lttsrtument. 'i'hrse umuunts shall hcar iiucrest(rom thc dutc uf di�hursc�uc�U,�t�he Nute r:�tc.and at thc j <br /> ' opdnn oP l.endec,thsll be immediatety due and Qs�yiible. ; <br /> �� � 9. Cbnde�tcrsti�n. The prareeds ef:�;'awa►d nr cla�i�n fnr duntagec,din:cl ar cott�:eµucntial,in c«nncctitin witb:ury ; <br /> ' _ •:'c � ' � condemrwtian nt n'��ea iaking of any p�rt of�he Pr��pen�r_ar fur conveyance in piarc of�:ondemnation.arc hereby assigncd t , ' _. <br /> ' ' � ,� � and shall be p�id tn P;�.�nJer to ttte extent of the full ttmaunt uf�he indcbtedncsti thxt mmains a�n4►-a�d uadcr the Notc anA�his � <br /> . __._ -_-� '---=^-���-._�_!:� Sr�ousity fsjstrumcr�s.--���cr�,�:1�ppty s:c�.�c�ren�3s tu the icducflc+n rf thr.in�ichtc�lnet�under ihe tiuce s,nd this Sccurity i'. _ ...- - -- _ <br /> . lnstrument. first to :�sy delinquent:�mnunts applied in the nrdcr Qrovi�d in Par��raph :�.and thca a�prrpaymcm of <br /> • ' . '.' : princip�il. Any apPllcuUon of`the proceccts tv thr prinripal shnll�nnt ext��ud ar pnstpnnr the due datc o!thr mumhly <br /> . , - � rru.epz,fiayu,��,, , <br /> , ' �,�; � . �� . <br />