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<br /> . L ls��eat�T�i�i�i.L�esst ad Lii�Ci�r� B�oover sh�lt P�Y wlran due t4e paacip�l of.�i�est ao. � _� �
<br /> die dehtevideaoed b7►d�e No�c aM l�e chu�es�e�mder d�e No�e. '
<br /> ' 2.1MwM�r�feab atTasl�,L�ra�oe a�01ies Cl�es Ba�rower.ahaD iac(ude in ach moatNy payman.�
<br /> ° . to�er writh tbc p�cipd m!inoec�st i4 sd foAb in the Nae aod any.late chnEes.�inaaliaient af any(��tua aod
<br /> . spa�ai as�anaots kwied pr in be kvie�a8ainsi t�e PropenY•@)�WI��a Sx��s ao the P�opetty.aod .
<br /> t�)P�for i�aoa zoqaiiod bY Auap�pb 4. , .
<br /> F�ch mootWY i�m�fai iams(a),(b)�od(c)st�11 Waat ane-twelfih�of thc a�wai�amou�is.�s t�soeably'
<br /> �� �/o��jr l,ender,Ptas in amrnwt so�iriept ta m�an additiooa!Miaaoe af tsot more th�a�:af tl�e . - _, ._----- -- --
<br /> �od amo�s. The full a�al�namt for I��ader shaq 6oid the�col�kctad ia uusc to psy'�items(a��aM �_
<br /> maolh 6efa�e m itanl vvoa}d became delinqueot. __-
<br /> _� (c)befae dny bcco�oe deiiaqaent. iield Laxler far items ta1.(6)�(�).�►8�with.dje fwucr mont6ly �--
<br /> - - - - -. I���time_�he mnl of.ihc�aYmao�. -., bs!• - —,— — — ---
<br /> __ - paymmts far s�t liems pa}iabk w i.ader pryoc co tbe d�da�of su�i�ans.exs�oods Dy aare thau ____---_
<br /> ,� ! Gstim�oed amuunt af piyn�ts�oqaired W PaY such cte�ns vQ6m doe.ud i€payma�ts an d�e 1Vo�e ane cutmrt.tha��.endrt �-=�1
<br /> ahai!eehtr iefiuid tbe eaoess ares aid�sixtb af t��umate�p�yments or ctedu tf�easess aver oncsbctb af d�e e�nuced �e-:==-�—
<br /> ie
<br /> ��p�Y�.t�r g�nvre�?ct{t°ption of Ba�owc� If tli��otal,of tbe paym�ts m��de by Bortower �'--��_
<br /> pa ,..��1�:--
<br /> ota
<br /> for"nea�i(a).tb?,ar(�)�,��o.pap i�e r�em�d�e.then Borrower stiatI pag wl.endeF any aaeamrt neassarY w �_
<br /> matieoptLt�cia�i�th4cl�te�Eit�ir,beoomesduc ,,.. ' �_:Y ••,.-
<br /> a
<br />- - . As use�in duis�Se�.-mt�ti�us�eint, tneans tt�t Secretary of Auasiag aod Uc6�an DeveloQmeiu or his ar tr�r
<br /> - Ip aoy yeu in wLichtbc�ader�a nwngage msaQaace pcemium w the SeQetacy each moathlY PaY�n� �;{:}>'-.°'�g,�=
<br /> • � ai�-mctude eitbcr: (i)�n installment of the annual mortgage inwtadoe p�eminm w be ptid by i.ender w tde - - ,. -
<br /> of a e iaWUanca if Ihis Sawriry Instrument is deld by the � �'`-` -
<br /> , Sa�.�L'ach taonthiy'��.�a11�me��� ��p����i�.6e in an amauat safficieat ta�ocu�ul�e tt� • , c�v
<br /> � : ` �nwriace poe Qm an�ooe moath prior t�sfiie d�te t1�e fis1l�noal matgage insurance . - `'�.�:
<br /> -i;' � foII;a�twal mostgi8�� d this Securi Inst�ument is held by t6�Societaz5.each m�n�h1Y charge shaA 6G ia an � s• .°'-=
<br /> � ��' <� p�n is.due w the Saietary:o�� �Y . --`�-
<br /> y bal�nce due un tl�e Nope.
<br /> amotutt oqaal to ono-nveifth of aae�z�if p��ut of tbe outsta�n8 P�P� : :?;�;�
<br /> u
<br /> ` �` ` If Bomawer tendas to I.e�Y:i�full payment of all s�s securod by this Se�uitY ln�mrnt.Bamwer's acca� '. <•_•�:___
<br /> .. • , shail be c�ted witb the baluk��a�ini°S farr atl msialtmaits for iiems(�).N) Cr1.-�any mortSag+e insurauv� •;�;rf:
<br /> - p�emiam instaldnent ihat Lender his flot LKC _u�,d, obtigated to pay to the SecrcCUy.'��n�°s shalf prampiy tefund�Y ��•
<br /> � . exass funds w 8o�m�-I��iy ��.�i:'�:�losura sale of the Pr or its aajuisidon Dy Ixnder.Barrowet's , � . .
<br /> , '�`_'` acccount s6a11 bt ciedited with any���-�for all iastalUnents for��a),N3�(�)-. � ' `�-�-----�_`
<br /> c �
<br /> • � ;*�� � 3 A atPfi►ymests..+�p�.;`•R��'�nderParaBraphsland2shai'f��eappliedbyLenderasfoItows: . . . __
<br />. . :y:-� � to the mortg�ge ins�r.�,,��To be paid by l.e�cter to ihe Secnetary or[n the monthly charge t}y tlie ._ '�
<br /> �:` Secrqatyr iRStead of tAe�'Iyt'�a'ditgat�asurattcc premium: tIond aud at6er hazard . ��
<br /> 'A'�-x` • SECOND,to any taxes,s�al as;essrn��;:feusehold payments or graund rencs.and fir+e, • �-_
<br /> .£� �d to�due�the Notr.' ,.., � � , �'r::- � '-:;�
<br />�� �,to amonizatian of the principal of the Note: ' . � < '-�
<br /> '�* �.to late chuges due r�c'�S the Note. - • ,
<br /> ::�". ° a Fi�Eba1 snd Other Sarard IaSUrancG Boaower shall ir�ue aIi impravem��the Pioperty.whether now i--t �, ;';, ��'�
<br />_. ���ti�.5�r;` ' •
<br />, . • '-�:'I:,::� in existence os subseqaently ereae�.against any haTards.caswllpes.and co�tingencies,asrtuding fu�for which t,ender �,fii,i";s'.�•.�`
<br /> {r:..�f.A.: H:' ' :�� -.�
<br /> , f nquires insurance. 'fi►is insurancr s1�a116e mu�ned in the amounts and:�_r rhe peciods that Lender'�`[rites. Bmrowec .� .
<br /> • '1E� `, �' : . shail also insure all impravements on the Propec��;,whether now in exi�ctenc��:r sut�seqaenily erected.a�loss by tloods � .
<br /> ''�:. -.,�'%,�;�'�� � to the extent requimd 6y the 5ecretasy. All insurance s3ia11 be cacried with compames approved by Lender. The insuranee •�-,".'� '
<br />� � .�,".��;f;f, poheies and any renewals shall be held by Lender and shall include lass payabte ctauses in favor o�anA in a fom� . ., . _ ,
<br /> •-;;;�' , acceptable to.l.ender. , '�� '.
<br /> ;,-..�., .. .. �
<br /> '�: - �.?�.,. In ttr event of loss.Borrower sha11 give Lender immediate notice by maiL Lender may make proof of loss iE�r,3C . �' ��
<br /> '�;; "..� �� . made pmmptly by Borrower. Eaob insurar►ce co�pany cartcemed ic hereb�.authorized and directed to make payment f.�r� �a
<br /> �, such loss djrectfy to l:ender.instead of to Sorro�.�r and to Lender jointly: �%JJ:ac any part of the insurance pcoceeds may be ;' . ' , ';,
<br /> ; -:r�;�- applied by Ltnder,at its aption.either(al to the reductian of tt�e indebted�s�under the Note and this Secunry Instrumen� . ., • _ -
<br /> �r,..sr .. __ :-�
<br /> �� .���.;;; first W any delinquent amourttc apQlied�in the order in Paragraph 3,and�:�itii to prepayment of principal.or(b)to the � � . ,� ".- _
<br /> ;. �•�.,.�'t�;�... restoration or repair of the dama��i�inoPen3+• A�Y aPPticatictt.r_�,`r�e p(ceeeds ta the pnnc�pal shall not extend ot postpane �r,'�;��.`: . , ..
<br /> ''•' �":f��t;��'�. the due date of the monthly payRt�whuh aze referred to i:s:��raph 2.orchangc t�e,a�ount of sucb payments. Any ` ``�tf;'F� . ;`'
<br /> -�t �tjy�•\%� . . � . .
<br /> . _,, . eacess insutance proceeds over an amount required to pay all o�;�tartd�ng i:�de bte dness�n der t he No te an d t his S e c u ri t y Y�,
<br /> • � °'�= �• lnsirument shall be paid to ihe entiry tegally entitled thercto. ,: � •��•
<br /> ' � �� "�`'�• fn the event af foreclosnre of this Security lnstrument or aiher tr.ir.:f�uf titte ta the Property that eatingui�hes the • • '���"`
<br /> .'I;'.i:l�• ��Il .c�i��_ . : . 'i��:it:��!�•f".��.;'.
<br /> ��,. ..�,��,;�; indebtedness,alt right.title and interest of Botrower in and to insurance palic'res in farce�hall pa�+s to the purchaser. „�;.;1�, .;_�
<br />"-ii;':r'`' . , � , >,:;- .' S. Occupancy. Prestrvation. Maiutenance aod Protection of the Property: Borrower's l.aan Appliaulion: , � '�',�� ��;.-?;�
<br /> - i ;�z��r�' � I.ease�oW.�. Borrower shall accupy.establish.and use thv!?n:a�*erty as Eortowerc principal res'sdence within si�y:tj:'�}�w �{'�`�'," �'"r.
<br /> ,,•;: • •� ?.. � oW ,
<br /> ' �-;:.., ::' . aftet ttie executicxi•ef this$ecurity Instrument 2.rr+3 shalt c�Tr.:,;:�:ia accep}.he PropcAy ac 8orrowcr ti principal res"r3en�e � . . . .._ .
<br /> •. � }�A
<br /> � . :�:;• � for at least one�•�ia-�r the date of occupanc►.u:J�ss Hi��S�o:,::tary detemtires thia reqwrement will ca�c,e endue hardship `
<br /> . '� +:;; ��`�•. . ' � ' for Borrower. or�rk�-ss extenuating circutn�k::�'�xcst'��;��:;� are �:r�Borr�wers control. Bor�ow��r shall natify ! • � � .
<br /> be}' �
<br /> '`� '� �`' l.ende�s o6 any extenuating circum�tance�. Bomswer si�w`i rs,�.�ammit watite ur de�tray.damage ar�ub�tantially change �
<br /> ' • ` ;�'���'�� the praperty or allaw the PropertL r.cc►dcteri�rate.reasonabSe•�urand tcar cxccptrd. l.cnder may�nspect thc Property if the
<br /> ,.. ,..• s
<br /> ., . �i,��:' ;
<br /> , ,i . p�p�riy�s vacant nr abandoned c�the toarr is in detaull. i.erf�S:r may take rca�onable actian tu prutect:uid preserve�srh ,
<br /> ' � -;'j''iY'�{.�14 ' vacant or abandaned Ptoperty. Horrawer sha�[::t�o he in defautt.if$orroucr. during�hc lv:u�appliwtian procecs.gave p .
<br /> `f;,,•.;.;�,
<br /> • :'. ;;�,�•.;.; ,
<br /> ,..,',:l,-ir�,.,,s•'.,�y+„ materiall�r fal.se or inaccurate information nc �::temeni� ta Lcnder lor failed �o�pru�•idr Lc;nder w'rth any matenal
<br /> • � .; • .;-�(�t;:.,�. infortnat�an)in connection with the loan c�•ietenj:�ai by.the I�ate.includin�. but nut hmited tc�.repre�entations cunermin S
<br /> , �•.,r�.,i.:, P�Y D� Y. Pr'a.=�- .
<br /> ;;,:,,�,,: Bnrrawer's occu of the Prop n a�a �:ro�idtncc. Ii thit Secur:ty Inttrumrnt i+o»a leatiehold,Borruuer slta 1 ;
<br /> � � - camply with the provtsions of the tratir. If Borrower acyuir��fea tiAc t�thr Ptupeny,thr tra�chold and fee t:ttc sAa1t nm ; �
<br /> � • be merged nnlcss Lcnder vgre�rr,r the merger in ariting. � .
<br /> 6. Chuges tv Sutro�res aad Pratectioo vt Ixnder'_s 9ti�hts in ihe Qi�operey. Hurrnacr�hall pay all govcrttmental ;
<br /> , • ar municipal char�e�,finex artd impasitions that 3re ne�t include�l in Farat:raph 2. Harr��NCr�hall pay �hc:+r obli�atinrsm on
<br /> . time dicectly to the eruity which is owed the�.:��ment. If tailure ta pay v�outd adve��el�� affect IAnder s intrmst in the
<br /> � • Ptapetty.upon Lender's reyu:��Banower sha`{prvmptty fumi�h ti�Lrndcr reccipt.evidcncing the.c pa}mem�.
<br /> . � lf Burrower fails ta make the.yc pay�mcnt�o►the payment�reyuireri hy P.tr�s,r.iph:,��r fail�t���+etf��rm un����thcr
<br /> � • � • � covenants an�i agreement4 c�ntained in thiti 5ecurity lnstnimcnt,c�r lhcte iti 3 Ic�l prcxeeding that m:sy vFnitic uttiy affert ;
<br /> � ' ' • � . Lender's rights in th�Pra}xrty(such:���pruceeding in banknrptc}�.fnr cundcmnalu+n ur tn enf�srec I�wv��r regul�tiansl. •
<br /> - - . tt�ett Lender may dv artd pay whatever i�.nece.ks:sry tu prutect the vulue ot'thc{'�aprrty and�.ender:right�in the 1'rvpetty. ,
<br /> � including paymeat of 4'�xe9.hauud invua+ncc and other itcros mcnti�ned in i�.uagraph Z. ',
<br /> '- :- --_- .�. . . � - At�metounls disbnrsed hy l.eader urt�ter thi��ara�ra�+h�tu�ll tkcu�ttc:sn:uiditiun:il dcbt uf gurcna-er:uid t+c acYUted . � .
<br /> � . by this Secuaty lnstrurt�en� The�e amount�shaJl hear�ntrrest fn�m the dat�af disbur�cmcnt.at th;Nute ratr.and:u ihe •
<br /> • • • • uprion uf Lender.shall be immediatcly due and payable. . �
<br /> � � 7. Candemaallo� 'fhe proceeJs of any award�+r elaim fesr damages.dire�i ur ramcyucnti�l.in c�nnection�f ith anr •
<br /> ' � �� : condemnaitian or other taking nf:u�y part of the Pn�perlp.ur[ur cun�•eyance in pl�cc�+f cimdcmnati��n.:ue heteh}a5si�ned
<br /> ,
<br /> � r. � and shall be p�•rid to 1,ender to the extent of the fuil:zmcwnt uf the indebtedne�s tf�rt re:maina unpaid under thr�ntc and thi�
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<br /> ' �eutity(nsUUment. Leitder shalTappT}such pnxeeds tc.tf�e reifitictfitin�sf�fte irtdebtt�irte�a urc�crthc���:ut3 fiii.tircnti�v .
<br /> ' tnstrumenl. firs! tn:u►y delinquent amaun�s applir�! in the urder prn►ided in I'.�regraph ;. :utJ theu ta prrpaymcnt of • .
<br /> • . � ' yrinciyal. Any:+pplicutinn of thr praceeds to the principal ahall nut ertrnJ «r p�+�tpune the duc datc of thr ntonthly �
<br /> . . . . � _ (!'uRO2��d��Jirfi- - - - - ,
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