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<br /> ` � � . L�a�t.t ref■et�weeew a.t Iaar.cr.rsa 8o�!�ra ab�ft pay wpq��Sf��� . . .
<br /> tbe deb�cri8a�ced 6Y d�e Nae amd t�ch�rtes due und�r the ,. . . • �
<br /> - . Z �!1�J�f����ar t)t�er n�b.�i;4nck+lAF�4�.m�Y P�Y�
<br /> — . �, Pcinc!pri and intecest as sa forelr irt the N��Y Ine c .�� :�a���; _,�►l�N)wces nd .
<br /> apecial asscc�s ranea ur to.b��wi�ea ag.insc ax Ptepeny.c�►�I le�5ebold v�Y�7!�4�F�..�'_ .�i���Y•'"d -
<br /> t�)Peemiams for����Y�4• � �'�"` � at crs�con�bt
<br /> _� F�ch mmWy i�aWnen�for�lerns(�).@)and(�f s�l�;4�.a�e-tweRti�t;l�f���an�ik.���s. Y .
<br /> ��7► �P�yn �sa�Cicnt ta msir.Isia<#�additia�l�<4f:�4�i•�.. ��of tbie .. .
<br /> a�ed aaiouns.c '!l�e,fult arrwat amount far ract�item �s1�1 De.accumt�ta�-b}';t�,wl��#fi P.��a°°'� .
<br /> � mon�h Lefo�t�e ite�wauld.Decane deliaque��
<br /> Lender shall__ . .tde am�cu11�,'Ler#�at,S!ust+�sr1Q!���s(a?.(b)�nd .
<br />_�r ' (c)bef�.theY became delinquau- " the fu�ue momhly
<br /> If at any time the�otat of the psyureots beld by l.a�dec.faG.ite�ns(a1.tb).aad.(c). 1�,�t�
<br /> oat �������
<br /> - , paymears for such ioans p�}a6k to Lende�Priar to tbc dud�d�ies of such•i�s►s,,e�. �. . tban t,endet �
<br /> esam,�ea anw�ox of par�s mN�t.°��sucl,�tems w�du�.ana if pay�4�an.lhr,.Nc���•.
<br /> - � s�Il eNba�efu�W We euceu mrer aoc of tl�c es�n,a�ced p1Yma�ts Qr credit�d�eacess avR{glrCss�Kd�of tljc�ted` �
<br /> �`` • . - p��to�beoq�Pry��Y�rrer.at d�e aQtion q£�ortawer. If�tqp�l.Af.ti1��+Y�S#i!!i�bY Botiu�rer ,
<br />- •� fa itan ta),(b).ar(c)is u4wf�rc�snt w p�►Y the item arhen duei tfien 8aaawe�s1�Jl P���a�l.��?�J44,�to
<br /> . m�k�e cq►the deficien�y an ot beface the date the rtem becoase.��ue. � � !
<br /> � . As used in dus Security Iasam�en�°Soc�et�Y"meaas t(ra Soc�+e�u1►of.N�and.Uat�n•�t��P�,his,!���F,,.�; ° --
<br /> : �� desi�e. la sny Y�ia which tde Lender must paY a moic8a�insar�nct pe�ntiV�A:L4:�:�F�S��t�mand�Y�S�t<.. =�,------
<br /> - s�il aLco inciude e�iher: li) aa itwallma�t of the annnal•m!ortSaBe iaauan�.P�4ARt��Q,iae.p�d bY���lit1�;�: . . ��-__
<br /> � - - Sat+etuy.or{ii}a mmthly c1�r8e ir�tead of a axm8�84���P�uµ�tt,ff�d�is�Scpqit�'�insTnimen[�s GeM:AS!��ft�
<br /> S o c r e l�r y. F�ch mon t b t y�installment of t p e moct8�ge iasw�Pm��iuea sAaJl;bG i�.�o antc�tmS.N#�lcae�t ta�eeumulat�tis�r _ �)�:4
<br /> � - ? fuU aaat�al matgage iasutance pamium with Lender one►,noRnh pnor.w:th���,tAe f u�i�;unR{}1 mort8age i n s u�c�
<br /> �'2"= p�emium is due to ttie Serne�cy:ot if thts SecasitY Inu�is,Fs,lletd Dy tde.Se�ecetaiY..eBdl;{11c�►ShSS1 chazge.shall be in aa s ::; _
<br /> ` • �wua alual w ax-nwelfih of ane-Iu�tf perceoe of d�e au�in�Pm�c�P���dua ai,th��1Qt�,. �; :�{;..�
<br /> - - I f B o m ower t e n d e�s to t.e n d e�t l t e f u ll�y a�e n t o f a l E�s e c u c e d b y,�h i s�S e c t�r i t�'�U t i t�t 4 fi�1.i�4n4l��'s accouat - _ ,�--„_-
<br /> � s1�1!6e crodited wi�h�he balance�emaining foc�11 in.aall�n�,4 for items:(at.;i�s}.�nA,(.cl a���°,�� ,�asurance , . -
<br /> ' um instalinxat tliat l.ender has rat 6ocome obligated 6s pay to the Se�reRaiv.,and.l.�nci�st 5�l. I���f�d�Y�
<br /> �� or,it.�acguls�ftPl�,bY�t•���?fi��`ers `�' ��
<br /> - ' ,exoes�fwids w Batrower. Immed�ately prior to a forectosut�:sate of the PtupfRyi .. —
<br /> - ._... ..F_,:: . accomit shall be crcQited xritd any balance remaining for aU t�tallmet�ts far_it�taT.!(�)�(��.�. . ° ', ._ .: :'.. . �--� _ , .
<br /> -�,`f i� . 3 Applie�tion d Payments. AA payrtier►�s under Fdrdgtaph.s.l and 2 sh,�!be.app�ied!►y.Lact4fe��Fs t'q�1S�w�4.:. .. -
<br />- '°.��.`�:�;; ���.coihemongageinsura�x�eprem�wricobepaidbjrLender,coche.Sec�sarrar.m,Lhamnatl{I�t�S�•�S':��=��.:..° _ - ,• <_= .� .
<br /> . �.. :s.: �'. SecnetarY iastead of the manthly mortgage insurance pc+�inium: � �. "��'
<br /> . - � �Q�,Q to any taaes,specia►assessments.teasehold�►ayraents or gmund.cents.and fit�.l��F�d aad atder hazard,, -
<br /> `� insanaue pKmiums.asreq uired; . . . ` .
<br /> �> �,m mteKSt due under the Nate; :' . ,' ' •
<br /> ` - �, i�,to amoitixation of the�rincipal ofthe Nate;,_ :r:` .
<br /> — �; - �}.to tate charges due undc�i�e Note. �, rt whether now : ' ,,
<br /> 0. F'ir+�t�lood aad Otber I�a�e�d lasuranc�. Botrocver$hall instae al!�im ema+ts,na.th�4�!�p4,�• , �'. �,;`:`:± .
<br />. .;;r: . in e��iumce or subseqaendy erected.against any fta�ards:�asnatties.and cantitl�+cxc.s.ine�s±dl�����f�t,which Lender :�„r
<br /> requires insurance. 'f'his insurance s6a11 be maiut�u�d in tf�ar�zoun�s and lnr,tht penncts alw:i!-�M�t�1t�{f�R�s• Sorrower . . :.•,
<br /> �. ,, ' • � • � whetherauw ia eaistence or supsequ�nttle ec�stoi,.�3�`:�Toss by fTaads . �:
<br /> sha11 alsa ins�ue a1!impmvert�ents on the Ptoperty.
<br />�.� � ,. . to the eatent required by the Seccetary. All insurance sha1F be carried with camp�ni�appfi�ved.h�<�.en� 'i'he msur,srt�e : ;t";
<br /> � , , .. policies and any cenewafs shall be held by Lender and shatt insLlde loss p�y�dte�,cla�ses in�fav�l af. and in a fami
<br /> � �".` .. . acceptabte to,Lender. .
<br /> ' t. �.. ' • • /n the event of loss. Eorrower shall give L.ender imrqcdiate notice by mail.� Lcr.d:r mTy make proof af loss if nat
<br /> � ''�' �� made pmmptiy b}Borrower. Each insurance company coitaerned is hercby.authv.rixecl atnsl,di��d to make payment for
<br /> � :3.e�:���� . such lass d�rectly to I.endcr.instead of to Borrawer and to!cndcriointly. All.t�r uny.�rt of the;irt�uranc�proceeds may be
<br /> `= "�f•�ra:�• app�ied by Lendes at iu option.either{a)to the redurtion of the indebtedness un�ea the�:h��t�!'a�'�this Scturity Inswmertt, ,;�;..� �
<br /> . ''�• �:'��� fust to any delinquent amounts apglicd in the order in P.uugraph 3.and then ta P�+�Y�a'±t,Fit.Qrincipal.ar tb)to the ,.•, • . --
<br /> �`�'���., restoration ar repair of the damageQ isr°Pe?ty. Any applicatian af tfie praceeds:ta the.PrirtrnF'{!.1h,3��1 nat extend or postpone :,�,,::,;•;•, ., �
<br />. . . .k';.:, �. �_ � . ,, i��r�':'7 ��••f=
<br /> . t �•, ,,� • • the due date oF the monthly paymeats wh�ch arc refened ta.in Paragraph 2,or aha,n��h��amqttni of tiuch paymen�s. Any
<br /> :i`,.;, , .,.. _
<br /> :� ��;.'..; ; ' . excess insurance procceds over an amount ccqui��i v pay,s�il autstandin�.indshteda:s�ua:i;e��he Notc, and Ifiis Security ., . ,._�;_,��
<br /> " � t�.�:' . ' ,. lnst�ument shall be paid to the entity tegally entcr►ed ii�'ivreta., . '•�` '` ��•.. +�:��:`
<br /> ' •ef'�'���'� '`� �.: • ln the event of forectasure of this Secudty Snti:ramcnt or othrr trunr�feR�f titl�,ta�tihx�E'r��pe�ty that extinguichec the ,.,.;,r,.; •. � -;,,��
<br /> a� .-:, .;. :f',t . � ' ':. ..,::;'r.-{=�_-
<br />• . _ � ':��y;�`y��?t;T' indebtedness.all righ�tit[e and interest of Bonower in and t�irsnr.��ce Qc�liei.s in�arc:tiha)t p�-hs to the purchaser. _
<br /> .:t,,i;��F'. ' `,� S. Occupancy. Pr�serv�Non, Maintens�nce and Pcot�:tEos� ot,.th�,Propertl�i����er's Lo�n Appl�;, � } ,�j'�� _�-;--
<br /> , .f�:'., .;i�Y.�,,.,�,; l.easehotds. Bortow�shall occupy.establisb. and u.se the,Pr3yerty as.$otr+t:l+=ty.p(�n4ip,J rc�idence within�ixty d::.��+ . . • _
<br /> ' after the ex�cution of tfu:,Security la�uumem and shatl continue to occupy�ht(irt�+ett.�»y.f3arrc�wer:pnacipal residence �::::,
<br /> 1� �•• �'( •.�i
<br /> • ;�,_ ;+'�•�•��.�t � for at least one year a�r the date of occupancy,unfe+.t The S.uretary deiesmiM�+lhiS���uitAmeN a'�11 cau•e u.ndue hardship , .. _
<br /> • �+': , �t'�,�:' � for Boaower.or unJcss extenuatind circvm�tan:cw cxi�1 whech arc.beyo:id:Bart����ce's�:�n[rol. Borrowct .rhap notify ;i . .t,:.: . • . . -
<br /> �`f;;;f'�:, � Lenders�of any eatenuating circamztznces. Borrower shatl nc�t commi�:wa�;i�.or dewtcpy'.�ti•.�na�e nr subtitantiaily rhange � .
<br /> • the Propeny or a11ow thc t'roperty to dcteriorate.rca�anabte wcur:+nd tear czcep�ce�J. t.�r.c4'a'may mspcct�he Ptoperty if the i
<br /> ' Property�c vacant or abandaned er t:�c loan is in defautf. l.ender may tak,re�snn::.h{:�aciion to pr��tect and preserve�uch •
<br /> ' ' • vacant or abanQaned Property. Borrowcr�hall also be in dofault if Barrutvee.•ctutin�:dhr�daan application prucc�s.gave (
<br /> ' ' . materialiy fattie.ar inaccumte in[armation or st;:temcros'in Lrndc� (�r.�faila! tu�pjm•.ide i.cnder with any matrna! ,
<br /> � informatton)in connection with the!oan evidenced by the�nte, inrl��ing�hue tte�t Iim�Sst�u+.repra5entations conceming �• . .;,.
<br /> .,'���;itz` ` Barower's oCCUpancy of the Prapeity as a principal residen�. !f thi�Secuatyt lnstrum:r.l�ls.r�n a lra�ehuld.$urcawcr shaU �'
<br /> •n
<br /> • .. :.��1;r"•� : canply with the prov�s�nnr of die 1�<c, lf Horrowct acyuiri.�fei r:tic ta:th.�Pt�rt�r�iht�tea.�chold:u�d.kc titic+h;dl nnt :
<br /> • ""'��`�`i'� be mergM unless Lender agrecs to die r.tetger in writing. -
<br /> � .. . o�„�:. ' t
<br /> `'• • i. ChA�es to Barrower and Frotection af I.ender�s Rigitis tn th�l'tv�t}��•.K�tnrncer.h�!!pap ali gavcmmcnt�i
<br /> n
<br /> . ; `' . or m�nicipal charges.finec:�nd impo�itiun.that are n�,t inctuded in Pans�tupli«: .l3�ttrrnt�,��hail pxy ihe�:�fil�gati�in�on : �
<br /> � • time directty tn the entity which is owcd thc paymcnt. If'ic+itur�tc�.p�y.�wcut;i�ud��c�Gl��:iffrct L�a:d�tr�intere�t iu ihc: �,
<br /> . ' . ptopeAy.upbn Lender ti reques�8nrcowcr�hall prnmptiy fumi,h ta l.cndcr rc:ripti��cti�S�t�Stti�;thr.e�+J��.c;.tti.
<br /> " It Borrnwer faiis ta m::lce thcwe�aymeniti ur the payinrn�,reyu.ua�!N�•��["dtuc�'srC�iM.;+)r Pai14 tu perfi�nn�ny vth:r I
<br /> � � covcroants and�greements contained in�hi.Sccatity Imtrum�.nt�c+r th:rt�i..0 Icra4 pf��+�cc�ding that may.�gnificantly affcc! ;
<br /> . ,. I,endet�dghts in the 1'r�perey itiuch:�ti a pru�:eeding in bankcup�cy.inr cc�.-ut��s�tuJiu�,��r,tu enf�,rcc I�w�nr regui:dum++,; i
<br /> - - - •-� , .. lhea Lender in.yy dq:u�d pay wh•rtcvcr i.�ucce,wry a+proteet the�•atu�:•vf ihs Pta�rl�:and L�'ndrt�ri�ht�in Ihe t'�ruperty. :
<br /> . including payment of taxeti,h:�:►rd in��urance;snd athcr ttcros menti<<ncd i n i'en►cn�o!��7�
<br /> • Any:ur�ount�dist�lrsPci hv�ndct mutcr thic f'.uagranh�iwll F�ecos�r.••:ua.�id�lit►;s�b.ttcb!ot'garn►wcr attd t+c.c�urcd . . - _
<br /> � �� � ' 6y this 5eruriry insuument. 'fhesr:unuunt��hall bear intece.rt fran�,ths�aiWeorn�f dis6:,,:qf4i�znL a1 ttie�Gte ratc:uttd at ih�-
<br /> • option af Lender;sh:ill Ix.immediatcly duc:u��i payable.
<br /> 7. Coademaatlon. 'f'fte pra�eeds oi any award ur rl�lm fre itain:sg�y.:�itt�.ta�t.ec�.tis4quential.inc�rnnectiun��ith cwy
<br /> ' � candemnation ar ather taking nf:uiy pait of the {'n,prrty.E,r:far enmeyam:�in�u;v�f�,{�,ndrmnatiun.arc hrrcby ac�i�;ncd
<br /> ' a�shialt be paid tn Lender to the extent of thc futt:un��unt uf thc+n�eb��irn::+y tha1�tcs�vhr�unp:iid und+rr thc ti��te and th�.
<br /> • �------ -_'-
<br /> _------- - 5tcutii}fnstrmrtem. Leaderstait�►Ry,a��r{rrercez�cl.ic►th�trd�u:[sc��a!'-tlo:=?�5*.�l.*3.�+s�sa�u�.lcrlhc Natr.:m�lfhitiSeeurit� - ---- - ----. _-- .---
<br /> ' fnswmenl, fust tn any Jelinyuent tunnun�c applicd in tha order�rure,i��•iro�issra�,�'�i:�. :ui�i�hen to prep.�yment o1
<br /> • • prinripal. Any �ppliration oP tho pmcce�ts t��the prineipai sh�llntcat•c+ttrru��iir:pt+�t}�w�tfie dtte datc af the mon�hly
<br /> � ., . _ ` , rN�P���I.TFuzr,�.� _ _ , . _ _ . _ �
<br /> , � . .. � �. . ' ' � . --- - �
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