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<br /> � app�rterooes.�ts.ebYal�es.miaer�i,uil�[g�ri�hls�pnofies.�r�la ri�aad�acic�nd ail fixwt+es aow gf:.he�allli�;i�=,o
<br /> pR of tbe ptopetq.All npl�ce�ata a�d additiors�Ii d�tit covend by ILu 5ae�rNq ier�e�ee�t.�![af 11�;€o�e�oi�1�3��:��
<br /> , :efaied to'in�is SeauitY I�haana�t a�tLe"Propaty.•i . . _ � ^-..� � �
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<br /> Bff3i�ROWER QO�iLN1A1�11'S tbd 8or�orrer is 6�rfolt�r aeiaed a�f tbe a�t�te Ik[e6y c�ort�reyed aud lr�the ri��r�t�R s��,`
<br /> - - catviy�the Pt�ty�d ti�iR t�t Ptape�r is�baed,e�iaept for ar�r�noa oE tecoN:$nimw�er wariiVnf,��a�irf�,�.' :-"-
<br /> . ' defqd�9 dre tide m the�apaty ap�t alt ciai�s�d dam�is.su6je�t tA aaY a�mbsat�s nf zeeatl. ;, �� �=
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<br /> l.!ln�eU�t�,Lflr'e�t a�i I.afe(.'1��e.Bo�mwet sh�tl pap_whp�dne t6e priocipd of.�nd in�[qi on;.,q��: -
<br /> debt cYideticed by d�t Nott ad late cMr�es dae undes tbe Nore. — �:�- �::_
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<br />_ � �W7 AY�ot Tasa. L�aac�e.stl OIiQ Ci��.Bono�ver�11 iuclode iu.ac�moed}�r�pry��=;;:
<br /> to�ether wit6 tbe princip�l aod incerest as seE focth'in.the Note�d any i�e cb�rges.an ins�i�m[oEayr(a)m�add ,;
<br /> �eatc leviod or ta be•!ev'ce3 a,gsinst tt�e`FtvpMy, (6) teasehold psyment4 or gn�end nen�s a��he Ptop�ttg,,���.
<br /> p�for i�aace nquieed 6Y p�Pl►4• � �
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<br /> F.�cb multth[�i�liment for ite�s,(a).lb)�atd(c)shal!equ�l ooe-torelfl6 of the amwal amaqt�.s,as n�oo�IdY�: .
<br /> 6y I.mder.�plps,nbc�ocwnt sufficientto maimata an additiot�l balance of not more ti�an ooe-sixtA of ibe e�tad amo�m►s.•'t�tii;
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<br /> _= fu11-`fi?R!�=�for ad� item sh�ll be accun�tattd by I.ender witbin �per'sad ending one motuh 6efore aif�item,wq�it.
<br />_ b�t�e'�CI'u�qQert. I�der shail iwid tbc�s catf�ted in t�ast to pa�•iten� {a), {b),and (c) 6ef'oie;`'tijty,bocoRiifi
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<br />° � if-��i�`Wr�J�e iotal,of the payments`�i�id,liy LeMer for it�(a), (b). a�d(c), togetl�er.with the �ttlttrG.mooathiflE
<br />� Pa!!�i�s for��items payable to Lender p�r'tir tii the due dates af sacfi items.exceeds by more than one-siaththe esoiao�3�:
<br /> a�ius�Of payriients requirod to pay such items wheu dae,.`and Yf payiiieiits on the Note an c�mnt,tik.m I.end�;siialY:eitt�- •
<br /> tsfuni£i�e excess over one-sixth of the estimated pay�,air cnedi�tUe eaass avtr one-sixt6 of the eAimatad,paymeuis�;�q;
<br /> . �E px�inrnts by 8ormwer.at the option af Bornawer.If t6e tat�l uf the paymmts.m�de by Borrowrer for:jtem.(A)..(.E(�l,;..
<br /> : ar(t3--is ir,sliffici�nt to pay [he item when due, ti�en Borrower shall.paY w I.ender arry amauat rtocessuy to.:-make,uF:tP�p_ •.�.
<br /> � - detirii�gr?aA aF&�foze the date the item becomes due. " , .
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<br />� ' � ''As�asod;a this'Socurity Insaument, "Secre ' opmer�or bis.ar„�. �
<br /> �� tazy' �the Secrctaryr of Ho�r�R and Urban Devel
<br /> ,-��• ,designoe. Iri any.year in which the I.ender must pay a ci�ci�age insurance p�emiwn to the Santaip,each ma�ithlY P�Y���
<br /> .. sAail also.indtide either. (i)an instaliment of the annuai a'ti�rt�ia�xrrce premium to be paid try LeQde�ta the�Se+ecetaxy,,�ai � '
<br /> : � (u)a.month.ly'�cf'rarge ir�stead af a mortg�e insurance pceutium if tBis Security Insuutnent is held.by tlse Secretacy. Fai�ts: _--
<br /> , maattiiy��anstal�ment of the mortgage insurance premium sha11 be in an amount sufficient to accumulate the full annual mortg�gp �;;.n__
<br /> •; � itnalt�soe premium with Lender one month prior to the date the full annual mortgage insutance premium is due ta the SC�reLaty: ��t,_=
<br /> __ , ar if:his Security Insaument is held by the•Secretary, each monthly charge shafl be in an amount equal to 4ne-twelftti;Af �
<br /> • • one-Iialf percent of the outstanding principal balanc,e due on the Note. ' . •'-�..' r
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<br /> . � , `• if Borrower tenders to Lender the full payment of utl.sums securrd by this Security�astrument. Borrower's account,s+liitt! •,,���:'- -
<br /> becr�dited with the balance remaining for all insta!lmerst�:for items(a1 (bj, and(ct atxl anY mortgage ins+�taz�ce p{ern{um � -�=
<br /> � � tn�.tnene that Lender has not 6ecome obligated to pay t�d�e Secretary..and L.ender�hall pmmptly refund arrv,exce�s fuac�.�tn `::;:�%'-%3;
<br /> Bor4o�ver. lmmaiizlely prior to a foreclosure salc uf the gr��periz: �r its�acquisition by l.cndcr. BnrfnWCi's qcCOilnE::,1t2i.�Ii�C -
<br /> , .credited witli a�s:CHlance remaining for all instatiments far rtea�5 ra),Iry�,LLr?d(c). ' ',�
<br /> � �3.Application ot Payments.AU paymcnts under paragraphs i snd 2 shal!bc appficd by Lender ac foltavtis: � � � � '_
<br /> First.to the mortgage insurancc premium to be paid by Le�der tv the Secretary or to the m�mthty chargis by the�SecaQtary •
<br /> �'�' instead of the monthly mortgage insurance premium: ' ; , � �
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<br /> . . Second,to any ta�ces,special assessmenls,leasehold payments or grauncl renty,arxl fire, fl�x�d and athet hazard in�umtloe • •
<br /> � `� . prc�siums.as rcquired: ,
<br /> . ; " Third,to interest due under the Notc: , ,,��.��
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<br /> � Founh.to amortization of the principal af the Note; � ,. • .
<br /> . . Fifth,to latc char�ewdue,under[he Notc.
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