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<br /> f_=� � i A.�[a��p�.��sc a�a t.ce car� s�ares s�t wy.�n�ue Ne�inap�or.aaa i�ao.
<br /> tLe`deDt�videac�M by thc Nae and tate charges due un3a @ee Note. shall iactude in r.a�monthlY P=Y�.
<br /> 2. MmWY V!Jreets d Tast�.issurance aed Utber C�r�es Basra�u att instaUment of an -
<br /> '�.,,��' togbtba arit�tbt p[�ncEpat atsd mu�st as set foNr in the Nare aad�y tate c�s$es. Y(a)tasa sid • _
<br /> - sga;ial assess�eats ier�rd a m be tavkd s+gainst chn Pcapeity.(b)feasehoiA p�ayments or pvund t�etrts an t�C P�i►PeitY•�c1 !
<br /> .,.,} Ic)P�'aiu�slor insisrar�ce te4uiRd.bY Faragaph 4•
<br /> _ •j F�manihly installment far iitms(a).tb)aud E�)staU•eqa��onc-svretRti of We annttt�ramounts.ag re�onabTy �_ __
<br /> ;:i` estunatal by Isnder.pius az��t s�u�"icient to maintain aa.adthdcxsai bata�Ce af,ndt,�:tUan ono�siati� ot t6e a.�—..
<br /> _ _-.�,,� ----
<br /> - -�� � estimatcd amaumts. 'il�c foli annuaT amount far esch item sh�i!be a�avutiutase3.by:�.e�€�s,�t3th�n a F�iod u�8°� � -_
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<br /> < <;' montb befon ea item aoutd 6ecome delinq�ea� Lender s6a1!hold t�e amnuntt�a�llt�tai in,ccust co pay items ta}.(H)aad �� ��
<br /> (c?befaetheylxcamcdeliaquent. • 6;F �.._,.
<br /> — If at any,t�tl�e total of the payments beld by i.euder far itemF(af�t7�Fratcf�[a)�t�ttti:r,with the funue manthly �,�; �;_-�-
<br /> - WY��far s�items payabie to Le�der prio�to the due dat�.ctt�ss���nfz�t►s..enia�3i�.b}t:mo�thaa oa�si�ph rhe - =�_..
<br /> �tsd arna�t of paymeats reqvind ta pay such itea�wheiu c(t�a,:attid'if;.px�^.it�t�at1 thb Iksitu aae curteat.ttx�uncier
<br /> sbalt`either refund tl�c eacess over ane-sexth uf the estimat�•p��SS+os ci�ctit�t��a ax;R�s�:4�uT,ns1.'�ixth of the� � �� —
<br /> . , . PaYm�nts to sabsequent�Yments hY Hosmwa at tJ�;aptsan v �$c�rncSr;s,.:i�`t�1�ttttt►��af t1�A�Y�u�by Boimwer t *-.�4-� __-.-
<br /> �nan s
<br /> . for ium ta)(b�.ar(c)�s cas�icient W pay tI�e iteR►.wh2a da�.:th�,BtnT�t�rr"ssfi�sil!A�3ts4 t�en3cs.auy.�na�m neressary w �'- =
<br /> �J L:_'..,.. . maico up tlte defuieacy an or 6efaie the date the item 6ecosssss.dua.: , ��=�`�:
<br /> � :;t: AS it5l�!I1 t11i.S$CCOT11y/lISTfUTAClU.�$CCI�TaJy�QlC3I15 tt1°J�iJP�.41f.('�plSflilg•ESIt�•�.ifli[tl-�CYCTOj►Ii12Ili Oi(1LS df�G( �'_'�-;�---- .
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<br /> ' _ -;;, , : designee. tn any year in wluch the L.endes must pay a mart�idi�m�+nCra"�mitian�tp.shA 5amct�j.eac.h monthlY P�+Y�t�_ �� R h- -
<br /> ,'�'� W'�.' � s6� aiso incIude eitt�er: ti)an inssta{lment of the annual�trlAif�t1 ihtt�roa#�mittiis;cA.b:paid by l,eoder w tb� �.4 �--
<br /> ' ;;�.r�'*� or(ii)a maMh�y cha�g��of a mtnt�a+n�atpn�_p�4►'silfi�ifiRli�-.SP�iKttnsuument is hetd by th: .;:�r`,�;,':`�'£�::—.
<br /> , r� �;; $�. E3C11 tilQIIt�l��.�ilSt�tllCIIt Of thC Il10ItgZgqlllit�Q�SlilT;�l.`1�l�tQ lt1��1�SIYIt111111�St1�1ClCIli t0�CCUn1uI8tC ttlC i; � !r r r_
<br /> �.:. t fuIf anuual mJ,�a,�rt��L,.�°��,�.��. with I.as�br opc r�tonth prios tdrt�(d ditA tdC fttU�e�a1.mQRga�e'^t.`�^-ce ��,�" �,
<br /> � "jt;°i, F JR�if , pIC�lIIIIl IS YYC IO Yt.n���w+�•�T�t�.�"s Security Iiuvumeat is hetd b�r tfie So�ri�!�.�sffi.�eatii�mpnWly charge shail6e in an ;���11�2� `
<br /> �.��i.., `*:�-`�:t.,�;,�;,i�;" � amount ua1[ooc�e-twelfthofane-BaIfperoentoftheoutscandingprmcrpalbal�duzon-th�lltot�. ':�°
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<br /> �NY�r�,-, If Ec$mwer tendets to l.endet th:.�"aIl payment of ari surtts secured by tlus Secunty�i�iem.l3omawer�s account
<br /> . _ �;�.> �r.°x, tend s �4 ��-"',---
<br /> . � °�3:`�`,?;�;� �`shall be eredited,witb the balanee rea�-��Q farcall�installments fac items(a):,(bl�aad(e)ae�3nY�ort�age u�surance _.
<br /> , :. � ,:gremium installrr�ent that Lender has n�r�ab�igated to pay to the Secceta*!.and�L,ender s1�a1i pramptty refund ar►y �.� .�'�:��_,
<br /> � .. • ;,.;��� �•excess fnnds to Borrower. Immediatetg'.�ra�a foieeiosura sa1$of the Property or its acquisition by Lender.Bomower's ."_-
<br /> °''�l;� account shatl be credited with any bala��+��=for all�ittstaQments for items(a),(b)and t�)• ' ` , .
<br /> - `~;�'•,��, 2 shali be a Ge�d i,c�i�t .-. _. _. �`-
<br /> _� • ; �;ir;f�;;{ 3. �sg9isation ot Ptiymeats. Afl�s:.,.s�eats under Para�1N�j�end PP �Y r as foltows:
<br /> ��`Y�;,��.��;� �to the moRgage insu��ium to be paid by,lsesi�r,to tho Secretary or to the aznmhty charge by the `�—,,;,g,���
<br /> ' `-�,��_. . `•:y'%�?�._ � Secce�'ary instead of ihe manthtg c��ztgage mwrance ptemiu� ' ' ." . "';
<br /> "•! ` al as�essments.leasettotd payments or graund acnts.and fire.ttood and other hazard ',-.�; '��
<br /> , j S�,t0 2tly[A7LCS.spCi'1 �.I,•y;;;�., ��.= '
<br /> ,���i� � '` ' ItlSli[aJ1CC ICIIIIU(1I5.aS t�QOt[Cd: . '?�,`'•.y'�'�. . %�. ';
<br /> ,: t`' � P �a �r:,���,:
<br /> .�,:.�.�� . �• �$Q,tv interest due under the 1ate: :�;s1'<<', - -�"-
<br /> ' ,��h;r $
<br /> :,: . . 1,� -.�-: ; � ; EQ�f�,to amottizarion of tt►e g�tcipal of the Note: ' , _
<br /> t ti'� � �,to late charges due undec ds�Nate.
<br /> .�i•,�<<; 'r�;sJ?};;��:: 4. Ftr�Flood aaA Other Haz�il:tizsuraac� Bormwer shall insare all improvemenu o�e r��Propercp.wkether now . >��'s._—
<br /> �:��::.:;: ,�����,:,:i,�.., �'m;�t¢ .
<br /> ;,�•. � ,�,t i n e x i s t e n ce a s s u b s e q u e n t t y e r e c t e d...y+--.--t a n y[�r a c d s.c a su aiaes.and contin gencies,inctw�����afr_ch l.ender �;���;,.-
<br /> °:, ` •:��t requires insurance. 7'his ina�uartce shaU be maintaused in the amounts and for the periods th�C.e��:r r�qcuTev� Ba�rawer �?�`��.�
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<br /> �, �',��``:. :•, shall also insure all improvements on the Properry.whetties naw in existeace or subsequentiy e��d:anairc�y�.,s 6y 8oads . �. �. •�`,,�
<br /> ' �1'. � ``�:{� to the extent required by the Secretan. All insurance shall be catried with compames apprrn�ed f`sv S,ender. 'f'6e insurance , '�F._
<br /> �� � �''f`"���' policies and any renewals shari be hetd b l.ender and �haii incfude loss payable claus:s irz f�vor of. and in a fasm � �
<br /> ��,�,.,:�.r Y . • t�
<br />. ,� � •.•,,,;,,; . ',. '�.,,�.:.. � a��ble m,I.ender. . � . . , : 't';,'.�:..;,
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<br /> In the event af loss.Borra�c�+haU give Lender immediato notice by mail. L.ender rry.iy:::ake praof of lass if nat '�.�r�
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<br /> �::;,.,,,; made promptly 6y Bomawer_. �ae5 incurnnce company concemeA is hereby auth��ized a�-�d�ected to make payment for ; . r .
<br /> •• � , , such loss directJy to Lea�.r_ir�.�ea�af to Borrower and ta Lender joi�dy. Al l or��,gr�t a:��e.insurance proceeds may be ��� �„ ,, y
<br /> ' � ' '"'• a p p]i e d b y L e n d e r.a t i t s c^�i o�.�a s l a)t o t h e r e d u c t i c m a f[h e i n d e b t e d n e ss undertne No"+:�this Securi ty Instrumen�. k��,'' � ' ��, � `..
<br /> `r 'R�ly:�i;, fust to an�detinquent amo�:-,��.�aL"a�3 in the order in PAragrap� 3,and then to PmpaYs:��t�sE priacipal.or(b)to ihe ,, . '�;,�:;�r..�r,•,;;�
<br /> ' •' . - . ,��•`< restoration or r air of the dam�c�i: rty. My application of ch.� toceeds to the principati e��f�not extend or postpone '�.:;`�.���"�`.�;�"':";;-
<br /> t,-. , � �,,� P � t.. � ��S,
<br /> ,.,;;�.�„ the due date nf the monthly payir.�x::�hich aze referred ta in Iy�,-raph 2,or change the ama�of such payments. Any ,r •.� F��5�'� �:f,,•,`
<br /> • • • � excess insurance procee,is-;,ser an a.'yaunt reguired.ca pay a11 ea cianding�ndebtedness under the Note a��cE tfi�s Securiry ''�;�.�:,,,,;:_�;
<br /> �' .. • . ,. lnstrumtnt shall he p�;,i ia�i:�entit}•tegally ent�ttc�i'rhrce:o. �.. ��.'':`?.��
<br /> �� ' ' �'sa. oF t(Z:s Securit Jtus:snent cs�al�.�r tramfer of titic to the Pro ee7 that eztin uishes the . �.�^• '� "
<br /> ..f. . . ln ttrr event of fvv:�q -e y.►r F Y S `'��„�i�;
<br /> . .. •i..T� il/4:"... 1.
<br /> ',i;;,°:;, .r;�;�,,,,, indebtedn�.�11 rigM,titi+tast0 ir.;e«ixof 8orrower in and to i��au-ar:e policies in force r�hall px�E cu the purchaser. � , . �y��;�.1�;�c';;.
<br /> :•�.:.�-i� , �;•:.,:if 5. O c c up a n cy,P r e s e r t a n a�a. 1 L�a l n t e n a n c e a n d P r o t a+c iiu m ol Ihe Pro p ert y: Bomuwe�'s Loan Appficatiem: i ;j,;�,.;;�r,;',
<br /> ' � ' ��:�° l.easeholds. Brnrower sha]}occupy.establish.and use the Propeny ac BorrowerL pnncipai r.+idence within sixty days ! , �',v;'
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<br /> � � after ihe eaecution of t'.r.5 5ecurity/n�trument and shall continue ta cu�upy�he Praperty a�:$arruwer's princ��sat residence '��,.�.� ,
<br /> ;`i,: �:��
<br /> ,,:,...• . for at least one year afterrre dute nf excupancy.unles�the Secretary de�ermines thi.reyuirement will cause t��sae hardshi
<br /> , � , `,;,;�f � . � for Bonower. or unless ezccnuating rircumstances exist which:irc beyond Bannwer's contral. Barruuer shall notity j. . .
<br /> .,,,',; � •� : :1`,.; l.enders oF any rxtenuating circumstances. Bonawcr.hull n�t c��:nit waste�sr destruy.damage ar substantially change �
<br /> � . ��.:,%.;:, the Property or aUow the Proyerty ta dctcrintate.rca�onable weu z�:�cear cxccpted. l_endcr may inspccllhe Froperty if the �
<br /> `: ' •�:'<,'�:'�,$ PropeRy is vacant or abandoned or the loan ic in default. t.ender r�ay take reaso�abte ac�inn tn protect s+nd preserve such �
<br /> ,--.e;� ' � ' `•f;,'.i�,•� vacant or abandoned Property. Bartowrr�hall also be in dcfault if 6orruaer. �i�ring the loan appliratian prncess,gave ;
<br /> � {'`'' materiapy false ar inaceurute infarmattnn ar �tatemem� to I.endcr I��r taded to rovide Lendcr with any matenal
<br /> � ;,,t�;:�,. ; . �..-, P, �
<br /> , �. .,,3.�',;? ` informatian)in cannectiun with the loan cvidenced by the t���te.including.but not limited tn,repre+entation,roncemin�
<br /> •� ' Borrower's acupanry af the P�rnpeny s�v a principal rc�idencc. If thi.5ccurity In�trument i��+n a lcatiehnld.8orrowcr shall ;
<br /> • ,;�i!`�;5�;•�.. ; .
<br /> • . ' � . �,.i�, , romply with the provisions of thr Ira.r. li Borrotivcr acyuirc�fcc sitlu to the P►apcny,thc lett�ehold:u�d fce�ille thall na�
<br /> ' � - •. �� • �:�; ' be merged unless Lender agrees to the mergcr in writing. ,
<br /> . j��,?� 6. Char�esti to Bucr�uv►er and ProtecUun at l.cnder's lii�t►ts in Iht Yroperty. H��noa�cr�hall pay al�guvemmentai
<br /> �;:!: or municipal rharges,finc�.and impa�itinn�that:ue nat included i��Patugraph 2. Hun�+�ver•h:+ll puy�l�ere ohligatinn�on
<br /> 4'-'° time ditectly ta the entity ahich i�nu�ed Ihe pa�•mem. (f failure tu pay auu1J advcr�:i�uifect l.ender�intere�t in �he
<br /> - Ptoperty.uQon Lender'x reyuest 8orro�ver�hall prumpQy 1'ami�h u�Lender�eceip�s rv idencmg�he�c p:�y�mrms.
<br /> , � . , If Burcower fails ta makc thcv:pa}�menls ur the paymcnt5 reyuired hy F'aragr.�ph 2,ur f:ulti tn pctform any��thcr
<br /> covenants an�3 agrcemen�s contsined in thi�Sccurity lnstrument.or there��a Icp;a!pr�xeeding thal may>ignificantly affect �
<br /> � ' � l.enderc rights in the Prnperty Isuch a� �procctiding in bankruptry.fnr candem�cdiun�a ta enfun:c la«'�ur rcgutadoml.
<br /> ' . then Lender may d�and p�y whatever is necet�ary tn ptntrct the value�►f the Propert}enQ Lendet�right.i��the�'ri�{�erty. .
<br /> - including Qayment of taxes.hazatd in.ur:utce:utd uthcr item�mcntiarted in I:li:l�t:lph�. _
<br /> • `. Any amounls disbunee!hy Lender under thir 1'aragraph •h:dl hrcmur:w additiun;d dcht of Hmm��er:tttd he cecured
<br /> • by thiy Sec;urity lnstrument. 'fhcve amaunt�zhall hear intcre�t from thc datr u1 di.hunrment.:it thc Nutr r:�tr.and at tlte
<br /> • '�. : aptian af Lender.shall be immediately dur�nd payablr.
<br /> 7. GoademnaNun. The prnceeds uf:u�y aw:ud ut claim(ur d;�ma�;cs.J�nc�ar cnn+cyurntial,in amnectian�vi�h a�n•
<br /> __ - cujtdeat�atian os other t�kirt�o€arty��t of the E'rn�eny,ar tin cunvcy.m�r iie pl.tce nf conde�nn:itiun.:uc hcrch�:a��i�:n�ii , _—
<br /> and sh:ill be paid to Ixnder to ttte extcnc[�f�he i'a}i amount c►i the inSrbtrJur,�thn��mai�z;vs��+.+id t;tt�lrr tt��*:s>.�:::r3 ahit -
<br /> �: �`____ .�_• _� 5eeurity lnsuument. Lendes shall apply such proeeedc te�the s��fucuun uf the indebtrdne«under the Nute;uie!thi�5ecurit}
<br /> . .. ...� [nsitUmeni.first to any delinqtt�nt amaartec apptied in t6e ard'er prmi�icci irT f'�r:,�•ra}+ti?. r��E�4itr r�i�+�Str�saqm:�t e�! . .
<br /> � � . _`� . " Princip�f. MY �pPliratiun uf the proceeds tn the prinripal �hall nut rrtrnd „r�xi,tpnne �he duc �tatr ui thc n�umhly
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