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<br /> L P�loeat otlh'i�e�l.Lteswt a�d tate CVt� BotmR•er s1�sU paY v�ene�;t�aha��A�1 of.aed intae.�t oe.
<br /> — � � tbc debe eMideac4d 1ry tbe Nas and Iste c�rges du��mdar tha Nae. ,-
<br /> L Maetb�l P�7��d 73�u�,[nsvsac�aed Otbtr Ciar�a. BottoR�er st�atl,i��F�in tseh a�aot�i9 PiYmen�►
<br /> !— — �y��p�pai md'wter�t at stt faRh.in the Nooe aod aay Iau c�u�.s,.�s utYtt�ima�t of aay(a)tax�es�ad
<br /> � • special ass�t��viad a to tx[evied agaias�th�Qfrap�r.i6}[ase�old paYrne�'t�'vrs���1ents on the PtoPeitY.aad �,:.�
<br /> �y �C)P[EQllUfiS fO�SISI1Y�Ce tEQu1lEd by P�18gTd�14.•
<br /> -= F,�ch ma�thly iost�limeat for items(a}. (b)�and(ci shall equat o�o-i�rc#th af;tt�c�ut1 �n� as�as�b1Y _-
<br /> estimatod by Leader.l�tos aa amwQ►t suf�iciant to maint� an addit�uu�!b�snc�a a�r,atYt;�th�ua�e-stxth of the �
<br /> - - — estimated antotmt�. 'ih�fuU acmuat emannt far sach item shall 6e�c�nu4�d d�SsL�r.h�,s v�d i a a p e r i o d e a d i n�atre = - -.- - ,_----
<br /> aiaaW befae an iiem vroaW beoome delinquent.•Lender s6a11 lwtd t6e amovats am'Adx�d�nrtut ta pay items(a).(b)and . ----
<br /> ..�- (�)befae thty became detmquen� with the fucuse matthly �.�wr.
<br /> � � ' If st en�tune tht tnui of ihe pa beld 6y Lertder for itens ta).(b�.ad�(cta�tt�tthsr
<br /> , � P�Y���sut��itmts psy�le to�priar to tlte due dates of sucb ite�ns..e,u�by a►lotc tl�an one-sixib the �-��
<br /> esutt�od antatmt af paYrria��ts reWued to pay suds tttms when d�ce.aud if pay�mu�v�a,�i+A ATote are cuReo�than 18ndes -- �
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<br /> - ' sh�ll�eitt�tr rcfund the sacess overa�aasucth�of thc rstimated payinenu or cr�t•t!�ezcas�.nveron�sixth of We�ted � _. —
<br /> 1;;� s ll nen —
<br /> to b Bomuwer,at tIu option of Botrawer. If tba tdGtd�f�tht PaYm���b'S"$°�O� �_--
<br /> - Pry�is whto4qtnt�Ymeats Y ���-----_—.,�
<br /> for item fa).N).or(al is,insuS�cieni to pay the item when due,then Borrowes sb7t1 pcsy.Lp3:cndtr any�tt nxessary w ...�.,�� -
<br /> = maYe up the deficicacy an�hefare the date thenem b e c om e s dua ,�;y�_�._--
<br /> '.y As iised in ihis Secuciip Insaumcai."Secnet�9"means the SeccetuY ot NaL:3it��►�'Utban Devetopnaent ar dis or her �.: :�.:,�.�
<br /> :�r_' desig,noe. tn any year in which the Lender mast paY a mortgage ins�aance�emttitm t�a tirn Sa�etarY.eac6 montltiy PaYm�t ',�-
<br /> • sTsxll��lsa inctude either: (i}an instaLiment of Wt annual mortgag�mst�:�p�ium m 6e paid by t.ender to dbe `•= ;�*---
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<br /> • , �: Sesretazy.or(ii)u maathlY c6arBe inscead of a mongage insaianve p.aemium:tf:t�it:5ecunty Tnshument�s hetd by the '.j J�,"��..��_i,-�"'�`
<br /> � . Seccetuy. Each manthiy untaitment of the mo�gage insurance pre�nium shaU br in,9q amwrt su�cien�ra accamutate the .-,�,.�-
<br /> � . • .'�." ' full aanual most s it�uunce p[emium with Lender on+e manth priaa tadhr.d�.tt�fiili anaaal°mactgage insu:ance 7;w,�`°_
<br /> ,..�__, g�g . y c.,s,,-..�
<br /> . - ptemi�un is dae w t6t Secretary:or if thls Seciuiry lnsonaztent is hetd by.tbc S��y,each manthlY chage shalt 6e in an _,_ry_
<br /> amar�a[oqual m ono-twelfth of one i�aif pwcent of the outstand'u�g princi�l�t�:�due oa.tt�Note. � '�.,`^W�_.
<br /> If Bomuwer tenders to[.erider tht fuU payment of a11 sums s e c�u e d by�t h is�9 o c u r i t y is�stramem.8msowers acc�nt • _ ..,�,�.
<br /> ~ sball�be cnditod with the balunce remainin� of r all instad3ments foi iteats(r�l;�t(�)end tc}and any mast�age ins�a�P ":�`•:�=•'�`":-
<br /> � '- ��i p�cmium instaiL�rent that l,endrr has not became abligated to pay co tt�Secsrt.��and Lender sh�ti�mraptlY�� ,�. �.-�`a;;�
<br /> .,�;.:
<br /> ' � '`� "� excess funds ta Bna+�wer. Immediatelg prior tn a forectosuse sale of ttee,Pr�pp,�s'htim its ac9uisidan 6y Cr:�sder.Sdmiu�rs `:_':�y,:l,`_--
<br />-_ , - �:�..�::<• aoconnt.shall besredided_with any balaace remautingfor al�insta!l�m3 ftfritEnls�t$1.(b)and(c). , ,.,;;=�;:. _.
<br /> redida _ . .:s..•.•,,,:.:.
<br /> .... '' 3. Appliptian ot Paymen�i. Ail payments under P�re�6s t��Z�itt-d1!`be app�er!6}�Lender as ti�aws::-�. '.�,`�;-;G•�,_
<br /> �,T [o the mongage m�umnce pnemium to be paid tr�L.�rr�ta rfn�3ersatar7+or cu cfie monihlY ch�ge by�r;= �.c�;%;:�-�
<br /> - Secretacy instea d o f t he manthty martg ag e i n s u r a n c e p t e m i a m;. •" • . � . �.
<br /> �C9Nla,to sny taxts,special assessments.leasehotd paymen«5 org�wir�r3�:ents.and fire.flood and other haza�: -. .
<br /> :� insorance giezmums.as ceqwred; . `,. .��3"
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<br /> y% �gQ W inte�est due nader rhe Nute; , ��
<br /> :'�'ii�i�:'�! �,to amo�tizauon of r�e principal of the Note; . .. "�, '
<br /> �f.l �«it'�'.? �..
<br /> `- '�'`�`; F�,m late charges doe e�et the Note. .' `•. �
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<br /> s.;;�3�i:%:•:- - �, Firc,Flaod and Other Aa�rd Insurance. Borr��cr�3�cz31�irrure all:u�nprovement.s on the PropertS+.wheuterana rr�:lFS;:�'?;y�; �
<br /> �cz `. .� ,.t:..�}�,
<br /> .'.r;, ' in eaistence or�ubs S $ � .
<br /> eqaentfy erected.against an4 har.ards.c�t�ties,and raaatin enc�es,includin fue.far whicfi.�.eader ,.:.;r,• .._
<br /> ` •. �. , insutsinoe. 71�is insuranae shal!be cff�rr+;ned in tt�;•�.ounts a�kair the periods that l.ender ra�,ulres. Bar:ower �:,� . .�;.,�'i;
<br /> `�� •'.::�''���.�`�': '..�;:�,,`,;. :, hs�all�also insure att improvementsan the Pro�cy.whethecnpvr ir c�risten+cea:subsequently erected.u�tloss by�oods , ,: ,".,�,;
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<br /> -.:t�. ;':.���.::,':`' to the extent required by the Secretary. AU insurance shall5��:asried wit�p�ompaniec approved by Lender. The insur�x `.�,, ,j •. .,,- ;;;"::-
<br /> _ t , � poliries and any renewals shall be hetd by Lende� and st�aiS'inc�ullr:ltrss Qayable clanses in favor of.and in�fcr� � ` � ,='''.�`.
<br /> •�-:. :��'�,:" .`�L . . a��y2e to.Leader. e� " � , � .,.�
<br /> tn the event of lass.Bar�ower shall give l.ender imanediat��ti:G bF inail• lxnder may.muke proof of ioss if not . ' 4
<br /> � '•.'•:< - �• �. w h ins�urnnce com an concern�d is br:�a:ichorized and dic�cieii co make payment for ��. �s'•-
<br /> �., .._� mtoide Pmn?Pt1y b, �'otro er. F.ac P Y -=:-
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<br />� .1';:%��`��' snch lass d�tecdy ta Lender.instead of to Borrower and to Leru!ec j�ti��t� ��11 or any part of the insurance proceeds y . :;;
<br /> i , " �`�''j���'`�`''" applisd by Lender.at its option,either(a)to the reduction of ttua ir.a�6r.tdness under the R'�te and this Security lnstrumenb �`, • .�,;
<br /> ,� _•;�;���`,�,:y�;, ..; �rr,entof tinci a! or(b)m the ' ',
<br /> . � �,�e+,r,r.•, , . first ta any delinguent amounts applicd in the order in Paragaap4��3.:and then to pre�.� p P . •:':�;!';;;: _
<br /> . �: �"'•.�'��' " • restaration or repau of the damaged prapeRy. Any applicatian o�ttu�p,�aceeds ta the prsr,,..pal shal l not extertd or pgsr�ane .
<br /> :.=;� �.� • th�due dute vf the manthly paymentsµ�hich are referred to in Para�-'�2.or change the amaunt of such paymeats. �ny � . ,,
<br /> � .;y.�'� ' � , • excess iruuranoe�raceects over an amount reqnir•�d to pay akD ourtatar���ng indebtedness under the Nc:e and this Sec�rity . . _
<br /> . �=�'; ., • Inswment shatl�yaid to ihe entity IegaUy er�,:�:d thereto. � ,, . .
<br /> �i�'„ ". ' L�t�a ee.:as¢of forecicuure of ihiy 5ecw-it! ir.stn:m.�:nt or.Mtu:r�ttunsfer of title ta the Ptopetty t:�exr,ngui.��the � . . .
<br /> . :.'`!-^`:.;'',,`� � •. ind��3nes�s.a".:right,title and interest of Bc,^-�•..er in�n�3.+r�i�x��r�rxc:policies in farce shall pass to the purchaser.
<br /> �.'`° ';":`�'',;�"` 3. flB^••epancy, P�eservattan,Maictc��ce aad prnit+Mi�en�of the Prapertv: Borrower's Loan Apgt��on; ,�
<br /> ''�''�'!�'�'`��''•'` i.easeboidst �r.xrower shall accupy,esta��ish�ascd use tt�r ('ra�+:�S'•as eorrower's pnncipal residence within s�aty days .
<br /> ,., ..,.�.
<br /> � �:;1�:� '' � .`:�` , aftes the exe���u�mf this Serudty Instrum�crt uL3 shall cantinuc,tci o:c:�py the Ptnpert;+as BuROwes K principal residenec . .
<br /> ''��'` �" fur ai least o��y�r�fter the date of occupan��,unSess�he 5ecr�tar���;te:m�nes this rewurrdment will rausc undue hatdship �
<br /> . _ .:f. '.3-.'. ,',�• '. : •
<br /> �: far Barraa�.ar uniesw exter�ating circuai�tancey exisL;u{z;ct��ura(s�;,uKd Barranrrs•control. Borrower shall notify
<br /> . '�.' �i;':�: Lc���rs of ar.�.extenuating cir�stances. Bortaae'r�h�ill'nra}com�nit wa.ta��r de+tret. dumage or substantiaHy elt:,�ye � ' .:�-';.•; � ��'
<br /> . . • �::r;; , �¢��-ts;ar allow the ptpyerty to deterioratc,re3.sc.n,�lle:w�t�r�ar.d tear excepted. Ler,dzr mvy mspcct thc Ropert�y if ihe I ' �';�.
<br /> prc3per;y is var:,.�t or nbandoned.or ihe Ioan"ss ir.�1et'r:r::w L�TUter may takr rea.tianuble actiun to protect and preserve such f ;;;�;:`;
<br /> vaca»i or abza��:d Propeny. 9orrower shalt aL;a�s:itt 3�3fauSt�if Barrowcr.durins the lusm applic:wtion pracess,gave i
<br /> materia2ly fa1� vr inarcurute infom�aticn or. �73i4�xtSii3!t�a�l:ender (nr failed tu prnvidc Lxnder with any ms�tenal :
<br /> inforr�ataan) iES w��nection with the lo.-u�evi��:ns:�3,9y��tu Ua!e. including,hut not limited ta,representations conreming j .
<br /> g�crrwrr's occt.�a�cy of the Praperty as a pr"ini�ijl rc'b1�I4hu:- #f ihis Secunty Insttumcnt i�on a Ieasehold.RartaH•cr shnll ! •
<br /> caer�tY��vith Lh�provisions of the .eace. (i gcr_o•.uer nc�v�*r;.fce title ta�he Property.th�I�asehvid und fee title ahall no► �
<br /> , �':�� be u�e=ge�eaie�y 1.cndet ugrees ca tY,e mer��r im��rit:ay; i, :
<br /> .:,';:�;, . &�"6c�te�;�RoBorrowes ftt7c�Yrale�tiaaof!i.ettC4r's E2�ghts in the Property. Hor*ower tih�ll pay all�ovemmental .
<br /> • � or rctur�ciZ:�.' chi..�es.fines and imyosition:+ti�t anr not ir.ctuded 9n War��vxph�. Burrower shall pny thrse i�bl�g��lians o0
<br /> ' • '• ;;:i�;,-• time�ir�,lf ;a��ihe entlty which is owed ih�pay�r�nt:� It faiiure tn p��� �e.u1d ud�•ersely uffact l.rnder's intere�t in the ,
<br /> , :?�,S•,,.: Fr�:ty.upon Lender s reyuest Boaowcr Shulf prt��.�rtj•f�.rr:�+h to Leader reccipts ev;ef��ncing the�e p•ryments. {' � ;`
<br /> ' :.},�:;, , lf Botrower fails to make these payment9 a:,tP.0 Ra�n�:�ts reyuired hy Rarugr:��?t 2, or f�ils to perform:+ny other :�,
<br /> covenanu and agreements containe�in thcs Securitj ltstaum�nt,�r there is a legal yroc:��ing th��t may cignificantly�fFect •�.,..;,.� ;
<br /> � . ' Lender'.s rights in the Property(such ay a prcrycced:d•i�in bankruptcy,for candemnatian nr to enForce lawti or regulatiantl, ;
<br /> then Lender n�ay do and pay whatevcr iy necesst�ry•tm�rotert thr vufuc of the Pmpeny.usd Lender�right�in the Prupeny. •
<br /> � • - . including paymeat of taxes.h:,t�rd insurance-:w�i��tt�er itemc mcntiuned im P.�ragruph Z. • .
<br /> • � • • : Any umounts disbursed by Lend�r under tt:+P.+ra�raph shall t+ecome an addiHonal debt of 8urrc�uer:u�d br�ecuted . . .
<br /> . . ' � by this Security lnstrument. '1'hese afttounts�huiD hear intcrest from the date c�f disbunemcnt.at t;�����tc ratc.;uid:�t the , .
<br /> • � ' option of Lender.shall be immcdiately du�att�payaMe. �
<br /> , • 7. Con�emnatlnn. 'i'he proceeds�ot an��award nr claim for damageti,dirrct or re�:w.•yuemiul.;�connectian with any
<br /> ' � � � condemaation or other taking of any par�of the!'ropeny,��r for conveyance in place of rondcrosrs:iv�t.:ue hereby acsi€rted ,
<br /> -; -_- - � - - and shall be paid to l.ender to the e�tent of the fult:►mount of the indebtedness th�t mm•rins unpaid ehder ihc I�ote:,nd this �
<br /> ,_�_� _�; `-i.:� Securit�►InsWment. Lrnder shali•appty sucErpru�:cc�t�thc m�uction of thc indebt:�is�ess ender ehe Note:u�d this Secun�y .
<br /> - - -- - - - lnstrumeN. fr�t to any delirtqueni amounCs applied in 1i�e vreer pt�vide� in i�amgraph 3,�d thcn t„pre{Yaytiteni t,€ . . • . . -
<br /> , . ' . � principal. Any uppli�ation a€thd praceedc to the principal shaU not extead ar postpone the due datc af th�~.�>�thly ;
<br /> ' lpaLe2 i�/4 pueee� �
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