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<br /> _- -- _ . _ � � � � . : . . � � . _ . g1-- .�o7.9g2: - -� � �
<br /> � L h�t d Pri�cipMl,Iatertst aiW LatC�.'bu� Bc►ctti�v�t.r;sbpllpr�J�.'w'�4�e thc Principni of,aoa ac�c op. `
<br /> the de6t eviaenced b!'the Not�aad t�ctqtges�+c�wdec_the�'tuo�. ' . � .. . ". : :
<br /> � t:Madtita pa7sn�d Taxes,tmun�aad Othcs�6ar�a..Bcxtav�ar.,'s}�U;�ri�cTC�1e in ea�ch mait?►IY PaY��
<br /> ' togetber witIt tlie p�ciPa!and iaunst.as set fath in t6t Natc anA 2�4«�8�:�►,i�taltmeat of any(a?taxes and.
<br /> spxr�l usessmeats tevied or w 6e ttvied�tbo Pnapedy.(6)�1r��'�xnts-at.�ou�tenis an thc PmpeitY.awd
<br /> (�)PR�ms�'or.ins�uancarcq�ued by.Paea�aph4.
<br /> Eac�monthly instalhn�nt for items.(a)„(b?aad.(c)sha11'eq�l,a�twei��ofCtlr annuai aaiwonts.as seasana6tY
<br /> �bY Lender. Qius an amoyaf:sntficirnt w maimain,aa,a�litiaa�al,balur:e�afinot.aare than oao-sixth of ttje
<br /> �tir�ted amounts. 11x full anaaal�auaant foc��� �ra�����st to pay ic�(a����
<br /> iffonth befoie an item woutd Became dClulqueat.
<br /> (c)before t[�r became del'mquent t r vrit[�.d�fatute monihly.
<br /> - If at.any.ame the total of the payments hel�:bryr Lesider�fos,iteaas�(a):.tbl;and�(Cl,.� ` __
<br /> _` n er
<br /> paymems for such items p�►yabte-to i.e�kr priar-to�ti�dse dat�c ofcsm:3a�it�ns.;�ceedg.by;mose tl�3a.ona-sixt�.ttte.----
<br />-=i �s q p�a t e d�a a o n t o f p a y m e n t s t e q t t.s o d�Y soch iums w�ess dc�,attid if paylsxt►tg°ou:th:t NtnC ate current.t6en I�tdec.
<br /> shall eitl�nefimd the exoess ovar of ti�esmm�[td p�yfia�ts or�rodil�tho�.�,qvai•oae-sixtb of t h a e s t i m a ti�.� —
<br /> PaY��s�bsequrnt Pal!ments bY`,8aruwer.at the flprina�af�:HaErawer, ifl�ta►�al iaf�tY�payrt�ents madc by Borrm�.
<br /> P ta l.ender any amoi�tneces.sai'�':�
<br /> -- for rtem(a},(b),ar(c)�s msuffrie�tt to pay Ne etau wt�a dua,thqv�3c►ssowersh�llp3}� amo�_ .
<br /> �'.y II1�cE Itp t�1C dGfiC yd1 O�bCfOtE t11C daLG t�IC itClri�%'OOtA2S hciC.:
<br />_.`::� �Sectaity Insts�ent;"Sa�ta�y.".meaas ti10 Sec�t�!!�u4:Hc(ksi�tl��Ui6an Ikveiopn�:;i�his os'{tet .
<br /> As used in this each r�ta�'�S'�"��'•
<br />',`�� � designa. In any year.in whicfi thG L�der mast pay a mortgageis�ause pte�tiAmi[p,�e�Secne�arY•
<br /> � sh�ll usciude eitlxr: f)azi:iastaltment of th�atmual��`a�S�p�lium;w,be paid.6y��`�?-?�.'
<br /> � � �._ �3et��.7�te.
<br /> � Secreta�;.�a(ti)a manthly.charge u�stcad.of a raoMg,age ins�?=�s�s.��•if�this•Securiry[nsuum�;� _--
<br />- __- Secretaiyr:"'Each�5m^��,installment a€the mortgage insmancepc�"..�::,�r.s�3t��in an amount sufficieqt;sn'a�vmul'�'r?�. ` __
<br /> fult annual��.�i.�a P�u��witb Le�aae.m�m�''�''fi�i�i�date the fu1l annual�� uiswa�cs _--
<br /> - premiwn is cive��S�sret`asy;os if�s Sccusity,Tnshacnen��is_�?'i��`°,3a��3►•��hiy c�.ac��ali be m ar} _`-
<br />- . . a r n a u n t e q u a t i o o n e�-x�:T t t h o f o a e-I�f�e r�:e a E of tb�auutandi��,��1..'-�,��due q�t�> ate . _=--
<br /> ' If Bor}�wer ts�Crs[o Le�dec the fuli.paytstiene o��aU�sum��y,��y�.�S�'�n.�tnen�,B o�rowe r��+. - _
<br /> � shall be+cisdited a'.�...:�c baiance r�rtwinu�g foc.all:insEatltn���'���''.�'1��={6):�. i�.�',�d any ma4$ag __
<br /> �; .�s3�3er shall pcot��dy refun�aay "u �; .
<br /> � ; � p�emium•in�taltraer.t�at Lende`'r has not become o b l igat e d m p�.t�'.1��a..., ;y, . �;.
<br />. : excess fpnds m B��ei Immediately priar ta a faceclasure satadf;tt�:P��?;�:v+.'�aeguisitian by Le��,Borroarcr's ,t,�;
<br />- - - � to�a�t����f.��;��i�dt��. . � � `�' . —
<br /> arccb,uxt` be ccc�'s�,Mnh anp rernaining _ : ;�;��•�=�=:,_�:.. _
<br /> � Z , � h Lender as f6llows: � .•
<br /> � �• 3:�igiic�t�is�rf'paymenis..AtlgaymentsunderPara�,tap;�s i'�a� �• �i� Y . � _:
<br /> or ta t�momh c e b the ``
<br /> . t. . �jg�,so the moitgage inSU�ance piemium to be pa�d b�y�:i.er�t ta�t�e Secretary 1Y � Y . ;.�. � ;�r�'`r,��i!
<br /> ., .� . Secictat�,iastead vf t}je mortLt►ly moatgage inscua�vice p.t�cmiw'��►s: ' ..-. ._ " � othet hazard ' <;�:y
<br /> !; t e al agse.s.smenu.Ieasehald payzsi�t4:mc,�'��'�ss.ad�fi��flaad acedF� �;, ;�,- ,
<br />� ` �.�. a�'t0 a¢j t3Jtes•SQC�! . . . . . � #Fa;;: •r;s�s
<br /> IIlSt1T 6 t�C1iC:�Jii as i ICdS t,. �:_,
<br /> : , .�: ' �,to intei�str�e u de�r ti�e Note; ' . , 'b`�'.v��::•
<br /> c ,' r, :, :k.'. • �.to�an af tl�ptiticipat oE ti�Not� ,,t�"' tr@ �
<br /> �{� ,, f ;;� �,to late efr�rges d�ur�the Note. • .
<br /> ) s � �
<br /> ",�? 4. FirG b7ood�Otl�ec HaFard Insuranea Hc+rtauer.shall tit��r�1�improvementc on the Propeny.whether naw , .�: ' t rL'.
<br />. °^�:: �- in existence or su ,xntty erecxecl.against�sl'�.ia�z�dr:,c�s!i�l*it�i,�°°`;ingencies.includfiag fire.£or.which Lxnder . .- -
<br /> � �*��r.,� . ' reyuires inswrance�uuurance shatl be mai:�u,�e�in th:am�ust:s�ar.,d•f,dr tt�e periods that l,ender ceqr,��es. Borrawer ' ;.w .' . .; ..
<br /> �. • � shall also insure all improvements on the Pcoperty:µis�tt�r naw in exisie�ice or subsequently emcted.against lass by Roods .
<br /> '��:�?��='I � to the eatent cequired 6y the Secreta.�y. All iasursu�re shsll 6�canie�ct.with companies approved by I.ender. The in,urance
<br /> . '•`• � l�cies aad an renewals shall�be held�by Len�:r.arxa�sh3ll+inciude loss payable cl�uses in favor of. and 'm a form . :�'"
<br /> . -�s:�, P�� Y .. .
<br /> _ _ acceptabte to.i.ender. '+��'�'_•�
<br /> � ln the event of�loss,Barrawer shall gi�•e Lend:r.imm�ia��:notice by mail. Lender may moke proaf of tuss iC nat I : _
<br /> ••i �:�.,.� made promptly hy Bsaaawer..Eacb insurance wrciparsy.,;o�v:esnr:d�is hereby authorized and directed to mnkke payment for _ ._ ::�_
<br /> ..:;'r
<br /> � • such loss direcdy ta Lender.ins�t e a d o f ta�anawer ar'.�d ta l:e n d e r j v i m i p: A l l n r a n y p a r t o f t h o i n�ti u r a n ce praceeds ma y be , __
<br /> • ' app�;ed by L,e n d er.at i"ts opf►.�.eitbcr(u)tp t 1 u��r e dwc t itve4��t t�i n d e b t e d n e s s u n d e r t h e N a t e a n d t h i s S e c u r i ry lnstrument. �:�
<br /> .x ''` - fi r st to any delinquent amavrt�s�PP�d�in the�or�Y:r in�P�c'�i r 3.and then to pre payment o!principai.ur ib)ta the • ,�=--y
<br /> ;, .Y,�. , restarau�u or tepair of the da�d n�►Deng. Any:apr^•t3:anon rsf chc pmceeds to the pnnc�pal shall nat extand or postpane ;`;�.;.�•__�
<br />... "�,ykr��'' : u� ri'l�'J'i'W(1fGI13l�/�FrtT�IO'si�t�ra h 2.or change the amount of+uch payments. Any ; t � --
<br /> �,�-:., � the due date oF the�r�arhlY P?5" 8�P �. - . �,;:s�r,_'t.,:�:_.�.--
<br /> . ��� excess'rnsurance proce�.c over an amauru:.rer��;���t�yay.atl•outstanding inde6tedness under the Nate and thts Secntiry �:. ' ��-- ..
<br /> • '�,`-f.�`i : , Instrumentshallfie���totAeetni -tegaltyen�atE;dtta3saro., : • �y�.~�.
<br /> �} �.:
<br /> � '" '` �� . In.the event e.E frxcctosura ol t1119�SCClJ7t�'�.i��:tau.ztene or ather tra��.sfer af titic to thc Praperty that eatinguishes thc � ����-
<br /> -��y"'��` inde6u�ess,a11 rigise,title an�ir�erest�f:Ausravret.in an4 tc�ii��mnce poficies in farce shall pa.cs to the purchaser. . ,� _��°
<br /> m
<br /> ° •;:;.,:`.. pre�caNito„Muinten$�e antliP�tion o� the Property: 8orrower's Loan Appliratlon; .',��._�
<br /> 5. .Occupaacy.
<br /> . . ' - �'��r�;:'� ' L�. Horrawer shal�toccupy:��abie+t�:.arrdiwvc thc R:�aperty uc eorrowcr's pnncipal residcncc within siaty days � :::;;;',,... :�.T_ _
<br /> : ,;�; h' °Y af(er�'`s e'eaecutio.�of t h is S e c u ri t y I n+u u n.�.�n r,i a r r x�v h�U�a n tinue to occu p y the Pr o p eny ar Bocrower'.s principa!rc��denre ' ..,�;;i,;.,,:�.°-�-,°- 2=-
<br /> „�,� ,�� for at feast one}�ear�r the date,oi�cc«�ccy:,+in:,�kv ttw Secretary dctermtr.es this reywremcnt will cause ondue hardship �; �
<br /> F{ •,.�_�r�' � for Bc�uer.'or unle�s extenuat�i�:•cirruc^�.awcce�.exist which are bey���t i�orrower� rantrol. Hoirower shaU nmify •
<br /> •�.,:;hj• ;;;{,F';:;.,,, Lenct�s of�.?y e�'tr.uating,cir•:unataeces,,Bcy,rav�er sfrall'not cammit ast7r ur deyaoy.damagc�r�ubstantialty change �� ��
<br /> ':�• "•'°`;ti`ti ' the ora;�ewthePrts rt .tudeteriozate:�reasonab?ecti�raadtrarexcepted. I,1mde�rnayin~peetthePropertyit'thc �. . . .
<br /> ,;,.n:
<br /> ' '"� ' Yro�vacar.tor abanda�d�r�tF.�s I�rc,iv,i�r defaule� L.�r3er may takc reasanablc a�Ki�n tn protcct and preserve sucb '
<br /> ,t. _ . . �Plt"�,,. f
<br /> � ' ` '' • vaca.:t ot abandoned Proparty�:Hnt�awet�shal'��alvo he in c�;fautt if Harri�u•er,during Ihe lrran upplicatian pmce�s.gave ;
<br />� � �`''�,*-•'�• � materialf false uc.inaccurate� ir,fbrr.a�icn��ri vai�menty ;�� 1.rnder !�r failed ta pu►vidc I.rndcr with any mutcr�al � .
<br /> :� ��..,.:�.... ' �' .
<br /> ; ��. informatian)in ca�n�ction,with�tha toamevid�r.ced by the ti�:�c,including.but not lim�ted tn.reptesentations conceming
<br />, ' ;..t�;•.,;. .• Hotro+�c:t's oecupancy of thu PYopntt}•��.ti a principal rt�idertce. (f chiti Secunty in�irument iti em a leasehald.8o�rower sh311�
<br />- •• ,`;;`s;�<t comgtg'a�::h the ytt�visiaaa•nt.:iP.+s���utic. 11"�Harrow�r suquir�f��titl�t���hr l�rnperty.thr l�sacchald and frc titic�hail not ;
<br /> :;;_ '`%�'��'?�' ' be me!�i unless l.ender agrcrv ta�hu•mcrger in writing.
<br />' ��!�'! '�. 6. C6u�es to Horrower�gnd Prnteclion ut Lender's Bi�irrs in Ihe propeoty. &yrrowcr shall pay:ill govcmm�:.ral �
<br /> �'h y;. ar municipal chatg�s.fine�and imM+vition�+ihat arc nrn inrtadcd in Parugrapti 3. Bom�+�'cr shall pay these ubiigationx�n j -
<br /> ;e., '���'�' dme directiy ta tP�,e 4�ntity which is awcd Ihu paymenl. If f;�ilurc to p:+y�wouGi advcrsely affecl Lender's intcrc+l in�he ;
<br /> " `;r;,;;<r,,;,.; Yrop�ty upon Lehder's re�ucst Honuwer�h•rlt p�amptty funiitih ta I.cndcr���.�:iptv�videnc�ng ihesc p�aymrnt�. : :
<br /> �:"'��t`"`� - !f:'Qonower fails to make thu.c paymentv�r the peymrnts nyuirrd by {'ur:�graph 2.nr fails to pertann:u�y atArr � ,
<br />.� � �`f'�:�''''!�� co�e�sarlis and a�reement9 c�ntuiucd in�his Security In�m�meiit.ur there is a teg�l prtx�eeding�hat ma�signifiraruly�ffi�ct
<br /> f
<br /> _ . ._ 1,ende�s rights m the Property Isuch ac a prur�,�rding in bankruptcy,for cundenmatinn or ta enfarce awv ar regulauuns). ,, • �
<br /> ' ^ then Lender may do and pay whatevet ir neccssury w pratect the valuc ui�hr i'rup��rty anel Lender:ri�htt in tQr Prnperty. ; � •
<br /> , ' - •��;: � ,- incittding payment of taxes,hayard insurance:utd other�temv menii�ncd in F�s��gt:+ph? . '. _
<br />. My amounts disburscd by l.ender under thi.r•Parsi�raph shall Mecomc:ui additiunat dcM��f Hona.�cr aud be ucurcd
<br />- - - - __. .. ' by this 5ecurity Insirument. 7ltese amautl(s sh31I i�ear tntercst i'mm IhQ date uf disbuncmcnt.a�ti�tior ratr.�sssi!:�t!he . '.. ----- _ ._ . __..
<br /> ' • , nptinn of Lender.shall be immediatety dtte and payablc. � �
<br /> ' ?. 4andtmn9tine. 'I'he p»�ceedv of uny aw:ud nr cl�im f�r dr�ttages.direct or comequcmial.in eunnection with�ny �
<br /> � � � �• � • � edndemnatian or oiher t:ticing of any p:ut of ihu Pruperty.ur fot c�nveyunce in piacc uf condemnamm.:tte hrteby:us��rted , ,
<br /> . ,"� • . • and shall be paid ta Lender to the rztem c+f th�fuU mnount�f the in�iebtedness ilwt remains unpaiA under the IVute and thi.r ;
<br /> = ' ` Scwsi�e;�.slt�tsneat l.cader tha�t� 1 wch _.eeds to the mdw;tinn af tha indebtcdncsx under thr Nute;�id this 5ccurity
<br /> ---,..�.. �y ' Qrac,- ,
<br /> -- __ _ 2 aftd�thcn fi pny�yntcwft�►f -- ���..---- - ----_-__
<br /> Inswmen� fust eo any dclinyuent ucnounts appleed �n t6c urdcr pravided in P:�r�Lerruupti ..
<br /> . ' , prinitipaf. Any applicaHon��f thr pr��ceeds ta the principal tihal!nat cxtcttd�,r poytpoar the dur date uf the monthty ; . .
<br /> - � - .. . _ � j , _ . . . . _ . . _ _ . t�M1RP�i�.�(hlXF't) . . . . _ _ � _ ' .
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<br /> . .. .: - ..F. 4 . [ .
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