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<br /> =y:� .� . � . . ' . _ . . � . _ . . .
<br /> ___ -- t -- -- . - z . -- � -= �1�' : 3.07�5:�_
<br /> , L h��ilpd����.. ' �Laie t-'M�.Bono�ac_sb�PY w6ea dye�e priQCipt d'.�nd ia�eseu m.—
<br /> We debt endq�l4eQl�tbe NQeR.���sdue uM�r tho Note.
<br /> — qRs�' taf�ra�oe a�d Otier�s, Bam�rei sba11 iociudc iu e�ch P�Y�+� `
<br /> _ ��'����a�;� �s se.t fa�tb in the Na�c�c at��y l�e dn�es.s��a�e af any(s W�es�d
<br /> �lev�m�� ��S�dse Prcpeity,(b) p�y�eaeMS a t�t'amd reats an thc PtopenY.aod;
<br /> �� ' fo�ia���Y��►4•
<br /> - _--- ������►,�,;�y�;��a ta?,(h)aad{c)sha11 eqwt 000-twelfth�`of t6e�mml��moa�rs.ax�rssan�b�Y _
<br /> — �b�.;,doder.��1us�t.:arr{�mt sufficien�w tn�innin aa ad�itwnal bat�ooe'of oot moc�e dmE aoe;sixth of t6e =
<br /> � ��. 7iss fiiti!�frt{�E�nouna for eacfi item sball'bF aac�am�bY k�der vrithin s period adinE aoe,
<br /> — month befqt�aa item.w4utci.b��1�- Ladec shatt hoW drc amnaets collocted in tnr�oQ pa�r i�ems(a).(b}�nd —
<br /> (c)befuce�Y.boc�ma delinqueptri: ��,l.eoder far�ems ta).tbr aad(c):mgdhes.wiih the fWu�e monthlY
<br />� — - ff aL.Any.wtte thc total of.'�� to tne duc d�tts of.such itemg.cxoads by mote t6�n ono-sucUi tlx --�- --
<br />= p4yme�s f'�.such�tcm�.�Y�hiai�m p� .
<br />;:.,� ��a�mE of.pay�nents sq�oiced rop�y such items wirn due.aad if payinaus aa thG Note ate cur�em.t6at l.arda
<br /> _ sb�1t sit�t����onosunf►of the e.stitnated PsYmrnts ar cadit the exoess over.a�ae-siath of.tl�e�mat�
<br /> . , payments;Xo su6sc�ent,PaY��,q bY Bortowe�at the optiat uf Bonow� If the total�tbe paymeots m�de b�r Bonowa
<br /> far itan fs��tb1..a.(ct is sn��c w PaY ti�e ium when dae.then Ba.�+ower sh�ll paY tn I.eades anY atnauut aece�sary 40 :
<br /> ��P!�e defrci�t�cy ol�e.ar, the due tlte ium bcr.a�es due- .
<br /> � Aa�ed�ttus Seau�fJ►:[x.� "Secreta�l►"rne�ns the S�xtetary of Housing a�d Urb�r��Y WY�� ---
<br />� dai�eeii In any yc�u in,r�rbic�e'.��L�et�de�must PaY a�SaB��P�ium w the Seczetary. �;--
<br /> in.sruance um to be paid by L:wder to the -'��'-
<br /> � sha11 sals4t inclstde eith�:�� tit;.� installment of the�nw�1 mort8�8� P�'0� �;:_
<br /> Sec�ci"t.,ar(ii�a•mandityticJ�►1�8�iastead of a�no�ga8e in�txe Psem�um if tbis Savricy Tamutneat is-beYd by tbe ��-____
<br /> xra of the mo�t8a8�insuraxe premi�sl�Il be ia an a�t�aunt sufficient ta a�uaoutate tAe �°.
<br /> ' Sxtetaqt..F�ch monthiy�.in�A,7i�j un t b.L e i d c r o n e m o n t b p n o c t o t h e d a t e t 6 e f i i ll a n q a a l mat&�inswa�e
<br /> fufl aap�Va1 mKxtSsB��.� �i-
<br /> .�;
<br /> �`' . �._ p�aniuqcl►is due ta the�Se�retat�"or if ttsi�:f's�„eutitY In�me°t is beld by the SenetarY.exh ma�hty ctiargcshall be in an �:,,;;,'
<br />� - �mo�u�'�pquai tnane-twelfaEa.afEf7ne-Uaif�of the�!tstaadin8 p�inciP�b�lsn�e due oa the Note. �`,�=--
<br /> -•: cf all sunps secuted by this Serurity InsGn�menb Horr�o�er's accouat �;.,:
<br /> 1ft�►'er u►dets ta l.r�er the t�gaprca�irt: . � .,�,,.�,,..
<br /> _�,�:��,: shall De creditod vrith,:tha �P�e remainino fur.a1L,ursallments for items(a),(b)and(c)and anyP��Y }' u
<br /> , .. .,�. premi�m itutallment thAt�+�r has tat become aC1i�Eed w pay to the Secre�rY and Lender shall cefund an ?<��i�.-'_;_
<br /> - to a forec(osute s�le of the Ptoperty ar its acquisidon by Lender,Boriower s '�� '_:�''--
<br /> �:� uatt�FnEot�v�ver« ��eEg1� . ��'`;.=`=�; .
<br /> .�_�-•.:..,,. exces�f
<br /> ' aceoqttt�aJPbe em.dit�wilh��nY balazt�em.snainin8 far a(1 insrallmrats for itetns(a).(b)and(c). ,�.:,
<br /> a�1RaSRRAtf. Al!��a�rnts under Pgragrayhs 1 and 2 shall be applied by l.ender a�folJows: �. ..'�-� �`_
<br />� ,-- <,. 3•; to 1be mntt���iie�surance ptemium to be Qaid by lxnder to the Secretary or to the momi�ty c6ar8e bY the `�:°' �-
<br /> x,_�.,�.: ,�
<br /> . ` `�''L 'Secnetaryinstead�af.tfi�m,nn[hiytnortgageins:�caf�xpremium: `"� -
<br /> ��� �- ts os und rents:and fire.f2aod and oiher hazard " �;`
<br /> �ta any t�ex���eciab a:s�s.ments.I..�!'a�id PaYtnen 8TO , - _ -
<br /> i st'.�,� ; , u1AtfAticC pIC�1t[tt118._A.S� Yi1+�' •::., . . :..,��' -
<br /> ��. �-'.;37�, � �Q,ta intet+est due.���"`' • . , .. = —
<br /> of the Note' t�� Y , �
<br /> :��r-,' :;;:� . . . �.toamart's�.lnofthe�-�=�' , .,. °; ; �;
<br /> '-�^_ �''<;y. �toiatectw�ges:�iaettndtrtf�l!F:�... . .. ,�fiethernow ,�.;��`�= �a��.
<br /> • :r;�.� 4.:F�irG Fluud atuu�Rll�tr NAZt�d�� �'�wer shaU insure all improvemenu or%�.'.�ie�perty.�• .:. --
<br /> .���.- �• ,��,f;�,^� � an.e�ustence or subsequan[by:Ereece�,againsi au�i#��.casualties.and contingeneies.includ�fue.far�ciife�Lender `:<:��_� ._' �;�_
<br /> ' tec�uues s[s.:ranae. This uttitrance shal!be mai.*.r2:��3;�r the amounts and for the periods that l:..!:^der nquiies. Borrower . �,.-
<br /> , . � `�j �! sh�1!aisa cnJSte all imp�av�jnents on the�'raperr9.ri.:'.�ier now in eaistence or subsequentiy erea'�aSamsi loss bry floods ,, ,�;-
<br /> ' '' � � °�`' � to.the ext.�.t uired 6 th�,Seccetary. Rii i�sur�1�shall be carried with companies approved:t�-�k Lender. 'Il�e insurance
<br /> ._ .,;: ,, �ea y .
<br /> � •� r .� ppli�ics and any ret�ev�aiq:.afial!bc held by Len�s and shal! include[oss payable clauses i� favar of. and in a form :,��1�;;. �-�i,
<br /> .L 'a�` ,� � c ac�eptabte to.LCndel. ` , t—.
<br /> � � ` >:% `��r=�`� �'�' • In the event qf tass.:H�nawer shall givc Lender immediate noticc by mai1. L.aci�r inay make proof of toss if not `�'`�';�s.• �-
<br /> =-•.:�i,:.;.' . ,n-, • _ -
<br /> . r..�,r - �da Pmmptly b/Btirrow,pr. Each ins�._.ce company concemed ic hereby authaiz�3:;rrnf�i:ected to malce paymeat fbe ' �' }
<br /> , ._. _,.•�°.:.;;.: .
<br /> .;.:r'. a_ �, _.2 .;.r stt�h ioss directly ta Lend�3ra instead of r6 ua.�rower and ta Lender jaintly.'All or any paic of dse�rance ptocee�d Y ; << -'
<br /> : - _ , `- ;.::i.. apg�ied by l.en08f.at Et�t�ion.either fau r�z"�e reductian af the indebcedness under the Nac��f.i�s SecuntY Instrumen� ±. . t� .
<br /> ,;;' � - • ., t i t s t to any deHnquent atr,AUn�g app{=e�;r;s a r d e r i n P a r a�ap b 3.a n d t h e n ta pm pa y i n�i��sl:�z"s nci p a l._or(b}��st�e ', r •.
<br /> �;'c.r. _ ...r'..-:��
<br /> ; tGStoratiun or repptr o6chs2cdAmaged pcc�:. �'-�.t licatian of the praceeds ta the pnne�yaI:ri�.�csoi eaterra at postpdne i:�• ;;����
<br /> '` the due date of the montf�i:y paymenc���,�T:�n=n.'f:�r.'�to in Puragraph 2.or change the aa�c�.r.�Qg such���ents..Any ; •.�;�;r
<br />.,'.,, .';— . f�-is==__.
<br /> eacess in.�.rancc p�oc�t4 aver s�n a�rc:,.��.-;f7.:ir�t!��ay all outstandmg indebtedness unde��:;:Note and thi�Security �;, R �,�r ,
<br /> n
<br /> instcument��'�ell iw psii�ta the entity te�'�1:;:•.; �f T'''
<br /> .�::�` � „ ; , i . r n-�.^.ted f.:ereta. , t���•,
<br /> i.-; ;: r . ,
<br /> r:':�°� ' � '' in+t�e t-�ent�oE•i'S+terlosure of thi.s�:unty Instrument or c;i��ansfer of title to the Pt�cqa:Yiy that euinguishes the �: � .,; 4�
<br />_ '-,, •. ' indelxedne�s,nll.rightali:tte and intecest of gnRflwer in and t�insucan:��licies in fc�e�it�Il��rd the purchaser. ; r ,. .�.
<br /> , . ..,,..:. �r, p�cupp�y�,�,pteservatlan. Maintenance and Prottction ot the �*: �U�'er's La�e AppUcaUon: s� _ '��_
<br /> ' . :�,�s l.eayehold9. Banov�rr�tih�ail occupy.establish,and use the Property as Borraxe���?cipal residcnce within sixty days �, --
<br /> . �'•o�` • . aftar tho executian of�th'ss Security Instrument and shali cantinue to occupy,the Pv_�*.�ay aw 8orrower's prineipal res�dence ,r,
<br /> "''�'� • far at lea�tona ycar:uft�r the date�f acrupancy.untesti the Secretary detcrm�nes this requueme�:i will c�use undue hardship ,;_, ..
<br /> ��� %� • for Boaawer.or�untahs c,rtenuating circumstanccs exist which are beyand Borrower's corrtr^.�: Borrowcr tihall natiiy ,..
<br /> �,;;,�� • � I,Cnders of uny.entenuating circumstancc�. Bnnower tihaQ not commit wa�te or de�troy,d;:m;a��:or substantially change �.
<br /> ' • { the Plro st nr alUSw the Pro to deteriorate,teasonable wear and tear ezcepted. Lender ir.�,��sFect the Ptopeny if the
<br /> ,,,:�.•... . . .
<br /> `':• Proper yeis vucurtr,�or abandon d ar the Ioan is in defau:t. Lender may take rrawnaB�e acticn n��;psectan�p+'4serve surh ;
<br /> �..,. .
<br /> . vacanl or ahund�ned Praperiy. Hormwcr 4halt atv� l"�in�ciaull ii'f3orruwer,duriag the loan r�.Fl:catian Frucess,gave
<br />• m�teriall� fal:ce�nr inaccumte inforrRation or ct�t�-.:ent� t�� Lendcr (or failcd'co pravi�ie �.�.�rder.with �1� mateaal .
<br /> � iniom�al�on}:�rconnectian witb the[oan•��ider.ced by thc Note,including,but nut iim�t�af tn. r�resentations concemirtg � �
<br /> Burrowe��accupancy o4 ita:Pr�perty�•w�rneip�il rrsicfence. If thiti 5ecurity In•trumcnt is nn a'Icasel5old.Borrawer sha11 ., -:,, .
<br /> compiy withithp provi.r�vns of the Ieasc. if"8ottower acyuires fce title u�ihc Ntopeny,th�Ica�chntd:u�d fcc titic�hali nat ;, �:';;,...��r' �
<br />° ba merged unless Lercdee a�ev to ihe merger in writing. ` '`
<br /> .zy;.•, �,.,;`;. .
<br /> 6. 4ti�e$ta Nare��er anA PmtecHun ot l,cnder's Riphfs in fhe Pruperly. Burmwc►�hall pay u11 govcmmenta{ : - ; ��;,,,;;
<br /> ' iu muniaipt�l chargcs,fimy sind impusitiont that arc nat includcd in Paragraph 2. Bnm�wcr�hall pay thesr��bligations on , ;"f`� � ;� ;•:�:,,,
<br /> ' ' ' dme di�ectty ta tha enUly which iv owcd�he payment. !f failutc to pay�vauld advcrsciy affvct Lender� intcrc�t in�he ; ':�',r';:
<br /> Ptoperiy3•upnn l.en�ter�reques�Bortowet�h;dl pramplly fumi�h to l.ender rcccipts evidencin�the�c payment�. � ;�:�`,.
<br /> Jf�larrower i�ly t�make thc�e paymeni�ar�he p�ymcnty reyuued by Paiagrsph 2,or f:tils tn ped�rm any uthet
<br /> -_ . . � «rp�K�i agrcemcnts wnuti�icd in�hi�5ccurity In�trumcn4 ur thcre is a icgal pracce�ling that m:�y�ign�fic:mtly aifect •
<br /> l.erttlei's rightrti in Ihu['ruperty(such a�a ptaceeding in bankruptcy,fi�r r��ndemnat�un ar ta enfi�rcr taw<<u regulatiuny►.
<br />� • thcn Lknder may do su�d p�ay what�ver ic ncce«�ry tn pr�tece the valve��f thc 1'ruperiy and Lr.ndcr's rigt►tti in thc Pro{�cny,
<br /> includldg paymantnf tazcs.hara�d in�urance and nther items mentionrd in{�eragraph 2. .
<br /> - ._— — � - Any amounta disbursrd by LAndcr undcr this p.ua�;raph.ha11 t+ecnme an adda�on�!deht of$onua•cr.md Ix ucure�i
<br />. by this 5ecurity In.rttut►(ent. Tltesc um�unts shal�bear�ntcrest fram thr aate nf disbunement.at fhe lYdfc r�tc.�r3 st the
<br /> • pptian uf Lendat.+h:�ll bc Immrdiute{y dur und paya6(c.
<br /> �, Lu�den�eatia� 'I'he pror.eeds uf su�y aw:ud or ctaim fi►r d:unages.etirect ur cun�equentinl,iti conneetion��ith vny
<br /> canitemwtian ur nther tahing of:iny p:ut nf the Ptoperty.t►r,fur cunveyance in placa nf'cvn�icmnatian.;ue hen`by a.si�nrd
<br /> , ,_.-�__=__-...._:�_,:_ t�shnit�6c�dtu�mier tatke�.ueatcrf the fi�1l;�nu�une n(the indebtccincs�that remain.unpaid u�idcr thr Nute and tNi� __.__.._.-,-.-.--_-
<br /> •� . � 5cruriry inswment Lendrr shall apply�u��h procecds ta ih�rcduc�i�m oF th:ind�btcdnc�y undcr i6r?votc:�t�t thi�Sccuriry -��
<br /> tttstrument. fvst to nny dalinyuent �mounts uppticd in tfi� nrder prutiided in p�ragraph ;. :md thci�ta prcpayment vf _
<br /> princip�al. My uppllcuttun uf the prcxceds tu thr principal shall �iut extend��r Exislp�me the due datc ��f the monthly
<br />. ' . if,,,��_,q�r„�,•„ �
<br /> • � - . . � � -
<br />
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