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<br /> < '� � � I�C �fpY�.110�► Cf � lI�C� OII.1bC �[�C[[9. �.l�•E�. ZI��
<br /> ' � �MI�Oli•1�i'•f�i�+�������ffi pCOf1El.�T�IIA����fIlW1ES�C</Of�i
<br /> � ��[����,��'`�i�It101LS�r�SO bt OOVlIE��t�L SOCY11ty�.�OE(�tO!ljOtllj�i.
<br /> t!�W 111 mlf SQCIa3Ly��Ll11G"$[O�Gt�.•• � �� . � •
<br /> f �90�CROWFJt C�UYENANTS dpt Banv�er it kwfi�qy sei+ad ot t6a eshf�Ue�!ooaraYed aod 6s the rigb to�Ot aad ,
<br /> • �� ooavey Ibe Ptapan!►�ed IWt the Pt�upe�ty is w�aami6e�d.eau�pt for enauebianaes o�r�eootd.�Bo�+va w�ar�nts add«riU ;
<br /> ` .�te��eae�Y tbe tiwk to We F�npe4ty apieu�etaitns aatt�,�m aasr�c►�reoot+�:' .
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<br /> �. ' I.�t�f�tl�eirl.Iatacet Ip�[s�e Ci�rza Ha�m�wer sh�U py wlxa diuC`d�e pincipal of;�nd,i�tt�ssc on.tbe_
<br /> deb e�rideaeed 6Y t�e Ndt aod late cha�s dut anQdr tbe Na�e. ' .
<br /> -- -— - --- -----.. . --- - - --- -
<br /> 2r 14�wit�►lj�wers�[Ti�a,Lwr�r�e a�i Otrer Ci��es. BormWer stull inctudt in each.morxhly p�Ymmtr. .
<br /> `{ w�tl�+w�nh We piaip�l sd iaa�st as set fath irt ihe IVate a�d aay Ute char�es.ao installment of aay(s)taxes aod speciat
<br /> �-��a��uE-r�a� me e�y:ro� �w�a�oana � � a��r. �a cC�
<br /> p�for i�uraoce roqui�ed by paraarap6 4• - , - � �
<br /> i:� Fad�monddy i�talCmaM fvr iteeu(a).(b?.ard tci sd�il'oquat aae-twelft6 of the�eWat amou�s.as tr�ssombiy�m�d � .
<br />-_- ;,' .. 6Y�,e�der,plus�a aoaua sufl'xient[o m�i�ain an addition�!b�i�noe of not mane tl�an oorsixth of�i�e atim�[ed�ooaats.The .
<br /> --- freii�nual mnouat for ach item slult�e aorumulatad 6Y Lrende�witAia a period ading one uaad►befa+e an item wuuW
<br /> --- �`� bacpaie delinq�xat. i,erder s1�U Aold ehe atnou�ts rnitxted in m�st w pay itans (a). (b). aa�(c)befac�e d�y beoome
<br /> ddiooquent-
<br /> - � U at any time the total of t1�e.payments heW by ltnder for itdns (a). tb1, and(c),to8ether with tha fuwne afootbly
<br /> - i paymrnts for such itert�s payabte to i�kr prior to tAe due dates of such iums.excoeQs by morc than one-sixth the atim�ted
<br /> " ! . �nourn of paycnents c�equir+ed ta pay such itans vvhen due.aad if paymrnts on the Nae are arreat.tbea Leader sh�tl eitbee
<br /> ; �efiud the excess aver one-si�cth of the estimued p�yments or�t the eactss over one=sixth of tAe estimated paytne�s to
<br />--' <�. � subse�nt�PvYmrnu bY Bortower.u theop�ian of Bo�ruv�er.If the total of the payrnait�made by Borrower far item(a).(b).
<br /> � ar(c) is inwfficient to paY the itan wi►tir due, thea Bortuwer sh�l! pay ta LeMer any acnauru naoessary to mate up the
<br /> . � deficier�cy on or befor�e the date the item be�ame�dne.
<br /> '�` Asit�od in this Sacvrity itutcurtknt��..Soc�etary•• means the Sarctary of Housing and[Jrbzn Developmeat or his oc her .
<br /> '';"'�, desigaoe- (n airy Yeu in which the L.ander must pay a mortgage insuran��e premium to the Secretary. each moatWY�nt
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<br /> �f;��: sf�all also include either:(if�n installment of the annu�l naKgaga insuranae premium to be paid by I,ender to the Secrctary,a
<br /> - (ii)_a monthly chuge inupd of a mortgage inssiranoe ptamium if tbis Securiry Instnunent is 1�eld by the Sec�ary Each
<br />° monthiy i�tallment of the morigag�insurance premium shalt be in aa amoun[suffrcient to aocumulate the full annua�n+aRgage -�
<br /> : iasuratxe premium with lxnder ane manth prior to the data the full annual mortgage insurance premium is due to t�e Secretary, �-=-
<br />_ �' or if this Security•tnstrument is held by the Secmtary. each�monthly charge shall be in an amount equal to one-twelfth af �_
<br /> _ y�Y:;.''� - onefialf peroent of the outstanding principal balance dice on the T1ate. ,�_-�•,�y. _
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<br /> a ta er[he fu11 ment of all snms:;e,cured b t6is Secu�ieu Incuument,Bornawer's ar�ooarit sfiall � --
<br /> • ,ti'Baara �rtende taLend PaY Y �`- ------
<br /> � � �' �credita�.R�the balance remvning fdr all instaliments for items (a). (b), and t�ce and an mo e insar�o�.premium x �f-- •
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<br /> `;.:;•;;.'s,; ;3`' instalfrrcnt tt�Lender has not become obGgated to pay ta the Secretacy.and L.endeo shall promptty feCuad.a�excess funds to °�..�:�*- -
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<br /> �"' Borrower. [7uumodiatel nor to a forectasure sate of the Pro or i¢s a isition b Ixnder. �aaa�:rtr�:�r s a�count shal) be `��`-
<br /> ;i;r�.��:;�� -x�l. Y P� P�l' aN Y , . , . . ,f``"'=-
<br />' •�.`�.''';�' ' crodited with��balance remaining for ali installments for items(a).Ib�.and fc). . ��--'_=�-���-
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<br /> :!.�• �� 3.Apptic�tion ot P�}�.All payments uncler paragraphs 1 acx13 shall be ag�969d by l.ender as foltaws:. :•• =<<f
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<br /> .' : Frst.vr�is;��i:aortgage insurance pc�-�.to be paid by l.ender c+r cTe Secretary or to the maniJ�.i?�charge by the Serretary ;'�=;�y'�'
<br /> � '� �! instead of itt���:�a'�`�ly mangage iasur.uxe�sr�m: . .� � "'�-'%'��-
<br /> � '��,.. . `'w�any taaes.special asscssmcitts.teaschetr��z;;7s�ent�s ar graund rents.and tire, fland and other ha.�rd insurat�oe - ;, �,T;",�
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<br /> %;�°'�`' .'r.;%>A��' Four�i:'t;o,urtortizatton of the principal of ihe Nate: .i:�;��ir�r� �
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