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<br /> I ��.. ` '1'O�FR W[1'H all. l�e�i�prormle�s a�n►► ar hare+�tes eiealed.oa tht pt�a�ptit�►. aed alI aK'mel�ts. t�ltt* . � <
<br /> �, . ��wmfr,my�itie�,a�inaal..oii aod y�s ti�aod pofits.water ri�ts aad�lodc aed aU fi�r�aolu ot h�s�t ,-
<br /> � :. p�t ot tbe p�opqtY�A!1 repi�oaneats�od�dditior�s s6�1 also be aarae�by tlds Sacurity im�nmml.1111 of th;foer�oit�;'�t;:':.`:,
<br /> referred ea in this Sawrity b�meot a�tht"FenQM�:,: . . � . ' � . �
<br /> i `BORILOWER t�Dri►EATANTS tt�t Sormxer is lavv[ielly seised oE the esqte beteQ�oamreyai 3�W Rts tht ri�t t�paae�ad � .
<br /> � oanvey the F�ope�tY aid,th�t tbe Pmpett3`is u�4da�baed.s�apc for encumbwnoes oF tdOAi�d. $ormRer vr�r�a�c�od 1vil!
<br /> � .`� defami�aalty the tittt w tbe P�patK a�i�t at3 ctsims aod�kmends.sWgo��t�to ao��of cpmc�- _ -. �
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<br /> : t.���e�of lti�pip�,I�e�+at�ad I.ate C7u�e�Bnico�vcr�!1 pty wl�m�te tAe ptiacipal u�and inre[es[on,thc
<br /> deM evidet�+oc!by tbt Note aad.late c�ges doe nrdcr tlie Note. �
<br /> _ ' Z,�Mj��wewts at Tsw. 1�a�ce a�i EItMeF��es. Boerowpr s�l�tl�indude ia.each mauhlY �Y�•
<br /> wget�er�vitb tbe priACipA)aod.irtmst s ses fatb in the Nope�nd any iate charges,aA i�t af any fa)taxes and�pecisl
<br /> �s�s�n�s kvie� or to be:teviod agri�'st tLe Propectg. (6) te�seliold PoY��B�!���s oa-the Fnop�e►ty,and(c?
<br /> _ : p�ium�fo�i�e�bY P�S�'�-
<br /> 6di m4n�h1Y.instaiimrnt for items{a).(b),.rod(c)slwit ary�t ane-twetfth of the annual�nts.as crason�bly esum�oed
<br /> by:L�dcr.Wus an amount suflicieat w maintain an sddit£ooal�e of not�m�e t)rin oae-siath of the estim�ed unaunts.7Ue
<br /> fo]!adwal amouat fa each item shai!be aoaimalatad.bY imder within s��aiud eming oae month 6ofare aut itan �auld
<br /> 600urnc ddinquent. I.eadar s6ap IwW the amoiu�ts aoltected in tnut to poy iteats (al. tb). and (c) befae t1�ey 6aamc
<br /> �- � • .
<br /> If at a�}titne ttte Wtal of thc payn�eats detd by t.ender far itaas(a�, (b), atd (c). to8etbu with the fidvre m�omht�
<br /> _-- paymrnts for snch items payabte to I.ender prior to the dne d�es of sucb iten�s.excxods by mone than oaasiath tbe estim�ted .
<br />=:�r- �- ac�roount of paymeats req�ed to pay such itrms wben dae.and if payrtrcnts on the Note are curna►t.then i.erder shap eithef'
<br /> .�;;ti'= - _ `:,-:itfund thc e�over onc-sixttt of the estim�ted paydseats or crodit ihc excess over oae-sixdC t�f tlse�ed payments to
<br />_°�::�, subsoqueat paya�ents by Barrower,at ttr�aFtian of Homuvrer. If�he tdal of tbe paymeats rnade by Eorrower for ium(a).(b).
<br /> �.Y. ar(c)is iawff'uienu co pay ttu item�"dii�. tbea�ocrower shail pay to Lepder arry anniuu necessuY to make up t6e
<br />�:°.�, �ciency on or before thc date the itan 6er�r�es due. '
<br /> _- ��. . :°` A�ased jn this Secadty Inststunen�''Sec�tac�"mea�u 1Le Sa�etarY of Houstng and U�n.!)eveloprt�A or his oc het
<br /> -=:rs ,
<br />__'::%.•,: — desigcKe. Ia any year in wluch the[.ender.�st yay a mortgage insurance pranium to 4�e Sa�etary,exh moatlilY PsY�� ,
<br />_��' 'si�ll also incinde eitNu:(i)an iastallmcr�t uf ihe annuai aattgage tastuance prcmium to be paid by Lender to the Secrttaty.or
<br /> :..:,.;,
<br /> ;�;;;�,; (ri) a monthly charge instr�d of a moctgage insurance premium if[his 5ecurity Instrament is he10 by thc Socrctary. Eac
<br /> -���=��; monthly installment of the.meztgage insurance premium sbal!be in an amount su�cient to accumulate tf�e fvll annnal maatgage
<br /> '', insurance premium with 2.�nder one morsth Qrior to the date the full annual mortgage insurance premium is dae to the Secretary, -
<br /> . or if this Security Instrument is held by Ghe Secretary. each monthly cl�arge shall be in an amount equal to otsatweifth af =
<br />: one-half percemt of the outstanding principal balance due on the Note. -
<br /> �
<br /> -,. • If Borrawer tenders to i.ender the full�ayment af aiJ sums secured[ry this Sewrity Inst�umene.Borrowe�s acc�ir�strall -
<br /> b�crodited with the bafa�.rx:remaining for all iastaUments for items(a). (b). arrd(c)and any mortgage in.�utanoe premium
<br />'''•T<<, �; i�staliment cts��tr�not become obligated eo pay to the Secrets:cy.and i.ender shall prompttg r�fund ar.��xcess funds to
<br /> :';;-,::; : Borrower. �mmed;�e1} prmt ta a farecie_v.s.ce saie of the Propertp nr its acquisidon by Lender. HorrawePs accaunt sf�ll 6e _
<br /> ,.,,...,.,
<br />- croditad vv�il�aml SaTart�e rptt,�ining for aiI installments far items(a1.'{ti1,;2nd(cl.
<br /> ._�` , 3.AppliqUbn ot�h�irients.AIl paymenu under paragraphs 1 and 2 shall be a{�lied by Lender as follows: _
<br /> � � First:to the mortgage insurance Frv'�uum to be paid by l.ender ta the Secrewry or to the rtrar,thly chatge by the S�� . _
<br />, " " instead of tlre ittonthly martgage insura;u:-��remium; : ' , � °-
<br /> , ' . " Secand,to any taxes.special ass�ssments.teasehat�paymen�c or graund rents.and fire, flood and other hazard im�u�;ce� _
<br /> � . �a^emiums.as required: . ' _
<br /> : �,` Third,to Interest due under the Nofe: �
<br /> �� Faunh.r>>amortizatian of the principal of the Note; -
<br /> : ','�.:. Aifth;t�s iace charges due under the Note. , � -
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