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<br /> -- ; _ . � wr� �u ei�;��"�►_« e�.� �`���o�cy, .oa_au �.`�w. ° - �
<br /> ' ` .ppucteaiooes:emb.noyaltia•�aa�•oi!aoa p's�ts`�oa pror�.t,�v�ter ri�is aoa stod�aoa au 8xaues,�►+or baea¢e�_ �
<br /> �p�t of t�e pioperty.AU neplaoe�ls and additiaes abalE alto 6e oarvetod.l�y tbis 5ecurity Insttument. AU of�e foa�oln��s .
<br /> refe�d w ut this Sacvrity L�tnm�eat#s the••Piope�ty.•, ` ' - . ,
<br /> BORROWER COVENAr1'1'S:�$�wac is lawfWlg seised of tfie est�tc 6eKby aanvryed aad t�the tigbt ta grmt and
<br /> �mre�r thy p�e�tY aa¢t]�t t1�;,�pp�Ftp;is unax.v a,e�u:ept for a�umbrances of rornid.Bormwer warran�s xad wUl
<br /> dsfend S�eee�alty i�t sitl��4 tbe•Piop�tyr.again►st a!1 ctaims apd demands.s�tbject to u►y mcuminanoes af mvrd.
<br /> ; i.Pi�a�eat af�dp�1�istereat aed Late C6aRe.BarroF��l pay wtKn due the principai of.and i�on,d�e
<br /> ; deM�vide�ed bY W�,Note aM late d�r8es duE wider the Notc.
<br /> ' 2- M4�tj�y,i.�af Taxes�, lawra�ce aod 011iqt.L�4�'�ea. Bomowe[shall include in each manthlY P�Y�•
<br /> j togethe[. t�t,t�C'r��tM;�P��nd it�u as aet forth in t6e Note aod mry lsme d�arg�s.an it�slAitnx�t oi any(s)Co[es�d spoci�l
<br /> issessmnMSy feyied"oc.to be kvkd-apivau the Pnnpecty.,lb?.�a1d:�aY�or grnand te�s an,the Property. atd tc)
<br />_- - ' p�emiau�sforinsutancet�madbY�caPl►4.-- _._ _ . .
<br /> ° . Fach montWy�i�ment for items ta?�tb),aad tc)sl�q oquai oae-twelfth of thc anni�al umuats�as�onably a6matod
<br /> by L.ender.pTus�an amqnnt sufYicirnt to maiatain an�dd'i6ami balame of not more thsn oae�a�t�+�stimuod a�pounts-Tbe-. :: .:::
<br /> _ - full_atuw�l amownt fni�ex6 item shall be aoattmil�tod by Ixrxiet within a period endi��a�����r f�efore an item wotctd:�' :'� :
<br /> , �O►pC d�ItlQOplf.' �.EII�Ef S�1 �fOb t�1E �IWI►(5 COIZCC�� IR ti05t ta p0.jl !tliRS(5;.:�'�$�;:a"t�'����� �-..
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<br /> �__� , . .�.�-�.ai any�:�x�.taal of the payments beld by Lender for items ta). (b?.�d(c). toget.�;�er.�i tbe futun moMl�ly'�.�:.•.:-.�':
<br />- . � :.` paja.i�.sfos sis�r�.eq�payabte to Lender prior to the due dues of sucb itea�.,eaccceds by more ti�`�-bne-siuth the estimatod =--
<br />- F a�iio�;�t�af payrr�it��eqniied to pay such itemc when due,and if payments on the Nace ase cumpnti tl�n►Lender shall eittx�' �—
<br /> refund�tlie eaces.f ova w�o-siath at iLe.euimared paymmts or ctQdit the eacess over.ai:�sixsh of the esiimated�ayments to �..,.�
<br /> , . subsequent payments{ry Bomawer.at the option of Borrower.If the total of the paymer� `�F
<br /> - ts�ade by Borrawer far item(a).(b). �--�-_.
<br /> ; or(cy is insufficie�.t�pay the item wlxn due. tbea Bonuwer shall pay to[.ender any aitwunt rtaoessary to malce up the ;;;:•.. --_-
<br /> . deficierxy on or befare-Ehe date tNe item becomes due. - � . : � _-
<br /> :.'� : ,.. - --_--
<br /> . �s ased in this Serurity T�ru�iinent.•'SecretarY••meari.s:�e.Socretary of Hausing and Urban Developm�mt ar his ar her '.:;... �
<br />-. � ; designee. In any yrds in whid�:i�r l,ender must pay a moitgage insuraace pnmium to the Seaetasy. each mornhlY MY� "��"
<br /> �` � shal!alsa include eit,4s�:.fi)an z�cailment of the annual mortgaga insuran�e�r�nium ta be paid by.iea�r ta the Socretary.o�.. ' ' �
<br /> � ti{}a monthty ch�rg�aactead.e�:a mortgage insurance gnmium if this 5eeuriry i�strumrnt is h�fr,by tlx Secretary. Lach,� _-
<br /> mant�S}F instalimeh��fi�te�i�;..insu►ance premium shaQ be in an amount sufficient to accumu{ate the full annual mortgaga =-_—
<br /> ' insuranca premium with Lender�n;iiwnth prior to the date the full annual mortgage insurance premium is due to the Secretary, `t�;y.
<br /> � ar if this Securitg instrument is,hetd by the Secretary. each monthly charge shaU be in an amoant equal to one-twelfth of., �;;:_�
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<br /> one-hatf percent of the outstanding�rincipal balance due on the Note.� '.` :
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<br /> !f Hoaower tenders to Ixnder the full payment of all sums secured by this Security Instrument.Horrower's sccount shatl� ,�,:_:;�.
<br /> • be credited with the balance.re�aining for aU installments far items(a). (b). and(c)and any mottgage insurancc prcmium ; _
<br /> instalimeat that Lende[has not becpme abligated to pay to tlie a"ecrctary.and 1-eader shall pramqly refund any eacess funds to. •,x
<br /> � Borrower. lmmedia�eZy prior to a fareelosure s�e.of the Praperty o�it�,�^.quiaitian by txnder. Borr�;�rer's account shaft 6c ' • '�`'
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<br /> 3,.� credited with any b���e remaining for all inssat�r�nu fos items(a).(b).ar+��o). � -
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<br /> • ° 3�lppli�atiar ot Paymee�.�.Al!payments under parag^��hs 1 and 2 shall be app!ie�t�y Lender as foltows: ' �__�
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<br /> '� ' � �irs�.to the rc�c(��ge insurance premiuro ta be paid 6y Lxnder ta�he Secretary ar ta�t�c meMr.`;°.��ge by ihe Socretary� ,. ^=�r=�
<br /> � . . inst�of the r.kY�`;�tortgage insurancc pr�.:J.�m: ` ' �
<br /> �. - � Seeand.to�}��zes.special asse�sme,ra.fi�sehold payments ar ground rents.aad€��.t7ood'aiid ather hazard in�uraat�., .
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<br />- �. premi�rs.as cr,c�ice�: �
<br /> �t:rd.to i��.°st due undec�.`r;Note: � ° . '� �
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<br /> - � 1':: ,' Faunh.ta�ar�o�*tiration aF�al'te principAl oP the Natc: � .
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<br /> ��`« - � 'Fifth.to iate c:�argcs due casier the Note.
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