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<br /> ,.,�..v.a.e�.ows� '���,.'��.�ril�� �� t��1t�17bNC7I�ilt4 Q�SPI 6T �E,� 0�S`F.�OA t�I`Y'r�Q�r.'W!Q���IB.,ft$�7'+, ` _ _ — -- —
<br /> - �F � ugpiiivsnRaa�s,i�ts,ray�t�es►.�;�3,+�id acg3 g�s rig�ts aud:�Fa�ss,wsztt�t�1,�t�is er`,�t etactc ar.c�a�l flxt�r�noav o��s�°ait�a�...
<br />-=----------- _I Q�ct af��„�tiYlpe�ty.A��repIaceafents a�d edslitinns shall�,be caver��y this S�uritSr Tnswm�n�.�U�P t�fot��ai�i�:, . ,
<br />�''�"��� � 'c2ferc+e�ta i�i tBis Sec�ttntg xnstru�nt�t�e"�{aIxrt�.•, _ . � . . . , .
<br /> - � ' . Bt�ItRbWER Cs�V6NMi1'S thnt Bosro�ver 1s law[i�tIyr s�s�uf t6e essas+:t�ertby c�nveyed.�nd has��lze rlgt�t td��2e s�ad ` . -
<br />_- ; � oo�lvey tJie�io�erty aa�.th�t t3�e P��tettY is nneacum�reu�;eac�epi far entvffib�aases af i�rd.`�irawer w�s�assts tir�l.irn'il
<br />_- f ¢efend.geneialty tS�e citte w the Pr+ap�ty s�ir'st all clnims and ciemands�s�s6l�ci to aay encutahran�'of rzrord. . . �
<br /> - . i a . � - . .f�_ im�a¢�I�ci�t a� *.�� �'ctrmcucrsttalk r�d�-tI� ofr sac!iatetest ct�r.a�e - --
<br /> , -_ ��;"Y; � �Y. ' , �-� �� i�Y i+�� . . . _ _
<br />-�: °_��r;�,.j� . debt evidenced by the Note and iat�charges dan�ttder tha Nads. � ,.
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<br /> _ ' �. Mmnth9y Pay�euts bf Tages.dn4a�rat�se;a�:Qt�er C6r�e�. �orrawer siiatt iacl�cde in eacH month�y paYc�es►t■
<br /> " � together wit�t�e.PrinciPal and inte�si as set fort6�in tlw I�imtc cind any taze cbargea.aa i�tstaltmeat o€any(a)taxes aad sgeciat
<br />- :.�y ' ,,;�;�,;" a�s�ts tevigd or,�,:6e levied the P�rog�rtY�.t6� iCasret►ald payc�entao�grQnnd rents an the Fraperty. attd (c�
<br /> .�.t�'� i ;`:. ''�Fremir.ms for iusurana�-st�ited by para�gtaph 4:..
<br /> - r w�:'�<.''�'`..`�'�,. { . ' F.�ch Ynantbly iastallment for items{a),lh};and(c}shal��qusst one-Lwetft9 of tha annual anmuats,as reasanabiq estim�ied
<br /> '�"s�'�'�"`"' , by Leader.plas an nmount sut�icient to maintain an�udditionnl Uaiaace of mot�mare tban,m1e-s9xt�of the esteamted amau�as.The
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<br />_, ,�'�u�`'��'z�`-;-��. � full annaal amaQnf fcsr eaci�item sliaall 6e accmut)fated by Lender witain a peziod.ernding one momb @e�ore an irem�rmild
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<br /> Y::':�•;- - - j 6ecome deliuqaent.,�ender shaU hold the amoiints•coUecxed in trt�st to pay items (a). (b):and (c) befoze they became _
<br /> ` , delinquent• ' . ' , . ' : -
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<br /> �-��::w:.�::.-:��..�•':�,��=.• ,If at any time•the wtal of thc paymeuts hetd by ixmder,for items (a},(b),an,d(c), together wiitz tho futuie ata�tly
<br /> �. ' ,.::R`.: . -..__ .....__��n�ts for sacli�ite[ut�-ls�YaMo resL�xd��`priarto the dti��dal�ofsuch items:exoeedsfiymo�-than.nas-sixth-tfte-estimat�d _... •.
<br /> '�y'<,� , :�� '�.•."I�; V: autonnt of payments;tqutted.to PaY,such:items when due, and if paymeats ad the Note are current,t6eta Iender shatl either —
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<br /> ;.•`•��,:; �:�;;} .••. refund,,��fi6 escess over oae-sixtht'aSit�p;estimated payments or credit the excess over one�-sixtte c�f t$e�ated payments tp '
<br /> � '?;'-•��, �•�;`,.`'_, subseg�tia[1�ayments by Boirower;,at�i1+lt:opdon of Borrower. If the torai of t6e payment��by Sottnwer far item(a),(b), -- _
<br /> '• '"`•�'....,� �. :, _ . . ar (cy,is'insuff'icient to pay the ifamy�t�ken due..then Bosrower.shatl Ray to LenQer aaX:�n,mt necesSaTy�to make.aP.tho ._ � - i � -
<br /> '�.�,.''�":,�' �. . deficiency on or beforc the date the iteui becocnes due_ •
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<br /> �` ;:`;����. ','.,'. As.usad in this Seeurity Iamvment, ••Secretary"means the Sec�etary oEHousing and Urban Developmeat or his or her '
<br /> ''". ,=,t ,I � d�i�e4`��Y Y�*�n which the L.ender must pay a mortg�ge snsurance premium to the Secretary,each momhly gayt�ent
<br /> .: �,' ` f �'' sA'ai!��a�c.ctude either_(i)an installment of the annual mortg��:s��tuance premium to be paid by Lender to the Sec�eiazy,or
<br /> "� � : " '`�..°`'(' ii a�. t c e instead of a rrtort a e insurance remiu�.�'f this Sec�ti Instrnment is hetd li�.'i��S Faeh• . ,
<br /> �'�ith ., ecrzta�y.
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<br /> � � �• ���'monihly installment ri�r`�h�mortgage insuranoe pnzarium.chall be in an ama�.�sa.�cient to acxumulate�+f�1 aanuat martgage
<br /> :�:. •,:�;:.:ti�::; • • ',�`. insuiance premium wif(i'tender one rt�nntfi,prior ta th�date the full annual m�'�e insuranc�,Premiu�vs,�{'..e to thB SCcoetary,� . ' �' �`
<br /> V ;,M�� •-- . � or i�;�:Security Instrument is hatd��by.,tha•Secretary. e�sh monthly charge shall be ia arr;�ou(d'eqval to one-rivetfth��of _ }
<br /> onc-�ff�'p�rcent of the outstanding priicuippt•6ntance due on the Note. � �.:�, .
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<br /> � ' � i�$arrower tenders to L.ender the futGpevrs�'a.t of all sums secured by this SeCurity InsHument.Borrower's.account shall '•�'�~+ �_
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<br /> ,. " 6e c� with the balance remaining for alb iristallments for items(a). (b),and(c)and any mortgage insurartce premium - _,.t,.���_�
<br /> .. instal'�c:xthat Lender has not becoine obligated to pay ro the Se�`tary,and Lertder shall promptly refund any eacess funds to -''���`°��
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