|
.='��_'�'�`�'_"rr.�. _ _ __ _
<br /> -;i. - . , r - � , =�.�_
<br /> `:f ' -. --�� - -- ---- --,� -_ '....1sL��� -
<br /> _��`� . . F.. _ _ _ .......�_._.,..._.:.._ - - _ - " __._
<br /> -'�;`; _ - � ... ; - . � . .
<br /> _, . _ . . .9I-- 1�6g4� �
<br /> . 'fpQ�THFR: w�rH; ,u�tbe �►em�s.aa�x:.ct�;herafter en�tee on the property. aaa au asemaas, rishcs,
<br /> �ppAt�tpwcices.cen�;mya�tles..�'srN�1.oi!�18as�t8t►�q:aad�rofits.water rigl�ts am stnck aid al!fixture.s aaw or�a
<br /> - �t additiot�s sku��atso�cavertd bg tbis Secarity Instrnment. Al!oY the foregaing u
<br /> _ ptt of,the prapett�!. AU:tep�acem�s
<br /> -_ tefecrad tQ.iQ.t,hi�SecurItb'�trument�c the"F�ape�;`': .� . ' ` .. .
<br /> — BQIi�tQ'AI�R.C4YF.I�fANTS tbat Bonrowtt is�avr(r1�t�,se�sed o�thc estate txrehy canveyed and iras We�igitt to graut and .
<br /> _,__. co�tYelt t1iW�_pcu�t}r and W�i the Prapeit)P is anencur�lb!:�t��for encumbrdnas of necotd Borrower warrat►ts and wil! - -
<br /> ` defend gect�atlY the ddF ca tho Fta4�nY agsi�t all:clairm��aar�demands.snbject co airy encumbrances of reoard.
<br /> - -= l.�ltyaqR�f of,Riq�ip�t.Iaterest aAd L9te Ct�#g,c.H�ar�xarshitlb pay wl�a due the principat of.and imerest on.thc
<br /> � .�° dcbt cvidence�bl'tha Nate and tatc char8es due t�ler ihr.�Nvtt.:; . .
<br /> :�:i. -
<br /> ': .t�� Z. MnntblY P�Ymeats ot Tases. [nsot�aee an,��Itfi�i'.Ct�Bs.Borrawer shali inciude In each�lY FaY�i•
<br /> -�-•.�>-
<br /> ;�.. tog�et6er�vith the principzi and"unterest as set faNa.a��th�.N4ta�aad any late charSes.an instailment of aug.(a1 taxes anb specisl
<br /> •:-� _ aue�utnepts tevied or to.be t�viod against tifee PFro�iY.��l;ieasehald payments or graund rents an tha Praperty. and(c) e,,,._�e
<br /> ��.''' pnmiums faf instumsce cecNired bY P�B�`�- ' -- ---_
<br /> F.ach montbiy iiutaUmeat for itcros(a?.(t+?,��:ca sbu��'7a1 one-cweifth of the aQUSUa!amounu.as reasonabiy estimated -
<br /> - - 6}�.lender..Plus an aawunt sufflcient to maintain an addi��a�1.isrel��re.of.not more than one�sixth of the estimaced amaunts.The --
<br /> - full:anmeal aataui►t fur rrcFs item shalt 6e axamut3tG�:DYf,•L�det�wi�itA,a geriod ending one month before an item woaTst . ��=--
<br /> 6ecomr de!'st�qt�eaE. l,end�es sh�ll hald the aznaaats,.cali�te� iii;diu,sl�:��...pay�i�s;(a), (b), and (c) before tAey become- --- -- -
<br /> � Cetinc�eai, � � - �� _=_
<br /> + -
<br /> � -`• If at any tin� the tota!o€the payments held:bl��L:adex,fa��itet�s(a}, (b?, :�:•tL:�.::•z�=!�:,�r with the future mont6ly.. _�,�.__---_.
<br /> �.�:�. .. p�Ymeats far sucb items payabte to Let�der PROr ta�f;�dr�e:dat�n�,�arir�items.exce��i:�r�=a�t3ir�one-sixth the estimated �r•?s_�--
<br /> � t:
<br /> -- ..._ anwunt of.payi�nts cequired to pay such items wh�!l�i�,�#.��ppvcc�iits.on the h'a�are cuii�t:'then Leader shall chher ��:�r_
<br /> T• refund the excess over one-sixth of the estimated p�vtusiit�3•os Credit�tfrP exeess over+me-sixth of the estimate3�� ments to. ,•°'.:`�;
<br /> . FaY :�Sy�s,,`_:�.":��
<br /> �' r subsequent paymenss by Barrower.at the option o!E$a�vr�;If�tf►ee tota!of the payrr.+�ass made by Borrower fe�w�is(a),(b). { +'•':•,y=;:'"`
<br /> �•.:F'� '��``,,:�`'�_�
<br /> 4 .;'�. ''�"''�°` or(c) is itlgufftcieai to pay the item when due. tt�r,$�Imwer shall paY tQ Lender any'amount necessary to:�ce up the ;��ry,,�.;_ -s��
<br /> ` •�' '�•���-r:-. deficseacy on or befare the date the item 6ecumes d�e. • ��
<br /> �.,
<br /> �.:' ' '�h:.e.�..:'.- :�--.
<br /> �;n�;4:,'- ;, t�d�e;�t :;� �.
<br /> ':��. - �1 -
<br /> ., .:,� Aa used in this Seturiry�nstrumert. "Secretary'"mean5 ti���Y af Ho�t�i�:g and Urban Develapment or bis or her. : f�,4�:�_�.
<br /> designee. In any year in which.�he Lender must,pay��a tnnn�ege insuraase pretq�rim'tL�-..the Secretar�r.each manthly payment `'�:. �-°
<br /> " � '' ,.,'.'-° shall also include either:(i)an installment of the annusil:���tg�ir�suran�.�e premdurrtt�6e paid by Lender ta the Secretary.ar ,y w�4�—
<br /> ..%. �` 1 .�.• .; t;��'�. �,
<br /> .,,�:: ; � t,: ;:�;,:�f: (iif a monthiy c hacge i n s t e a d o f a m a ngtsg e i n s n c e n c e p r e m i u m t•i f i l�i 9 r S e c u ri ty �r.�.v m e n t i s h e l d b y t h e S e c r e t a ry. E a c b. ;;,,";;�:,,, `• �•��
<br /> t-�� ' '`�`"'.i - musthly installment af the mortgage insuracsce premium.shulb�e iman�amnunt sufficier.e to accumul�,e the fuq annual martgage �c;'<�,i,. :�
<br /> •4.f. �.. "-.�-�.'f'!
<br /> . .� ' : - �s.visance Qremium with I.ender one month prioc tc,tP,,i;,d3tc.U:e fr.15�ttn�tal mortgage•in<<rrance prezn;sm is due to the Seecetary. �;�;r(;,,; ; , r�,��t,��
<br /> ;:, ;`�:' , or.if ihis.Security lnstcument is hetd by [he Secretary;.c�ch m�nihly.charge shalt trr in an amount equal to one-twelfth of ��!t��;;;;';�... . :� .
<br /> ' one-half percent af the outstanding principal balancc du�an.tfie Nar.�.. ,I��.��` : ' ':: Z;'�,a
<br /> i'� �.�•
<br /> (:,': '_'ry4 ' . . . .:'� . . � '"..-tL1iV�`_
<br /> ; �.-° � If Bvrrower tenders to Ixnder the fia{t.�yni��.u±'�it sums ae�.tiy this Security Instrument.Borrower s account shali , ��: -
<br /> ,, ` �z�" be credited with the balanse remainin�for ait.in�talh�i�ts•for,it�m�`tu)i��by. and(c)and any mortgage insurance premium � ,��ty._
<br /> l•. . :.;�:••". . instalimene that l.ender has not become obii�,;.t�xt'c!��y.ti�ttC Secretai��.aui.��r�hail promptly refund any excess funds to '' -9
<br /> 1 ' '_ 'I:1r:.
<br /> J� Borro�vee. I�liltCly QilOf(O a FOfCCI05Jf�'�IC,O.f.,�f:� P�tti�ssrty-br.it$-acx�uiar.��L�y ixnder. Barrower's account shall be �s''�'.� -� . � z_-._:
<br /> . � ,.�;�� � _T
<br /> , : .° � .,• creditod with aay balance teraaining for.atG i:n�t:�ft:�ient9�fo-.icems 1ap.(i?}:,atd�,w?- � �!`�''' '`, .. :• .``
<br /> ,:i �: .�.; ., :f;,':;,;�tN
<br /> t � �
<br /> t '', � 1 r � '�x�?� 3.Appliration of Paymeats.All paymenta under par3Braph��i and���halt h�:�pi c•�f by I.ender as fallows: �� •'' �;� �'
<br /> , � ��. � :
<br /> r;
<br /> ,j}, , .. ' ,f.. 1a;5f,`,f ._. ..'. �`,y _-i A
<br /> ,,�, . ' •� First.to the mort�;age insurance premium tc�t�paid.(�y�:nQer to ihc Secrc�c-��tn the monthly charge by the Secretary �f;�,�, -_ �.
<br /> ;f' i �y.,. '.' i�tead of the rrwmhly mongage in�urance premium.:, . . a f;,� ��`�
<br /> ��'�'�" � ''��� " ' S e c o n d.t o a n y t a x e s.s p e c i a l a s s e s s m c n t s+.l e u s s h ut d�p;�y m c N:��r.g tt ti m d r e r.c s,a n d f r e r fl a od a nd other hazatd insurance ' `a"''�-
<br /> .
<br /> ��� .. , '. , .
<br /> ��:,•,- . ;_ti . - �- - . , ;. • ,
<br /> . , premiums,av roquired: E.•:.. ' .
<br />� � Third.ta interest due under the Note: f�%''�.•� . . .
<br /> . �...,, .,
<br /> Faurth.to amoriization oP the ptincipal of r,huN�t�:i r;i}'�'•"
<br /> � Fiflh.to late charges due under th�Nutc. ' �����'� '
<br /> , �'�,';;i`9 �•dH(N£1 vaso2d� . .. . �' ' .
<br /> .��'�• , . ° ' • ��';�";,.';, �, ',
<br /> � _;�,;;;.•s
<br /> , �.:,:;. .
<br /> :.. ' �
<br /> ;�rr��� - ' �
<br />.�.�J.�: � � ' � -
<br /> .,, w- _ . ...
<br />. .- .__""_,.. ... ... ,.� _.'_"___'_.._,.r_— .._ . . -� . ___ _ ... . _ _•" '-__ . _'.-- ... . __—._--__ ., � . .
<br /> . -- . .. . . . ,.,. � • . _ . '��:.':1:
<br /> � . . ,;;�:,�>,�:� .
<br /> • . , ., .;�.<, ,
<br /> , ;:. : .. . � . . . . ,
<br /> q � . .
<br /> . _ -
<br /> - - -- ---��- - _ _ - -
<br /> -------
<br /> _.--_. - .-�-. -`- - - - - . . - - - - - --
<br /> �. �-- _. .__:... - --- - - - -- -- -- - -- -
<br /> ... . ....1_._�.__.-_.�.. . .. _. . _ . . . . '. _ _ _ _ ___ . ___ _ . __ _ _. _ _
<br /> • , ti �. .
<br /> t
<br /> . . . t � .I . , . •
<br /> • . • y� •
<br /> . - ' . . � r � - ' . 1
<br /> � _ ' . . � r:�.
<br /> . �
<br />
|