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<br /> _ ap�pisrtea�vea,�aats�roY���.mynerm}.oil a�3 gaa sigh�aM prniit�.c►retcr cigl�ta iad sto6�And all#iit�i�v_v�. �. _
<br /> - �'� " herEaites�a parto8 dr�pmporiy.Ali tep2acemeat�and ad4�ti�ns shsll nlso vo cover�bq t�us Sec+iretY I�strumcri2.Alt.Q4 =__—_
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<br />'�4 �:.+�:=�:-, � BORROF�►BR COVBNArFI�S,tP�at Borr�rer ts lawiully€e3scd ai the cstete hereby`canveyal aAd tsss the right to . _ __--
<br /> _ ; ;�:��<^ '�.:� graot e�xd o�nray th�Progesty oad tblat the Propes'ty is uziencumbered.eacegt for encumbremces o4 record.��nower . ��„„ __
<br /> �<. � ' ,. ti'� �e+am+nt���F�ill drfend ge4eraJly t9�B tatte to the Propert�r agaiast afl�taims end doman�sob;�eat ta�as�p ericum6raucas. _
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<br /> �� � t<, ` � �• �.�►syment at P�mcipai.InB�s�sst snd I.Qt�Ct,ar�a.Borrotiyea sha1J�ay when due the priuc#�al 04,end i�t � �- ���-���
<br /> �y`, `'�>� •< on.tTiedebt�videnood bythsNotaand l�chargesdueuaderthe I�tot�. . , . ;, �y-��--`�` �
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<br /> � �° " 2. Mm�thlp Psymenfs of Ttsgss► H�a.;�s-�za ssd Qthes L�r�ea..Bonower sbatl iaclude ia each mantt�Y . .� `°� —
<br />`�� �' paY�terit,to8ethzr aitli the princiga!aftd�it�terest as set forth"in tt�Note and an�lata changGS.s�i�ilmts�t of,as�Y(ay � � �
<br /> :� ' taxes ensl specisl ass�ments levied mr t�iae tav�ed against the Property.(b),I�Iiatd�tr�►Ym�nnts ar ground�tm►tg:on tho _ �� •'
<br /> � .. Properiy.an�{c)Premiums for iflsur�tce required bY P�S�Fh 4: ' . , ���'"� -
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<br /> - ' '� Fs�h:�eqntbly instatlment fmr item�(a?��b)��.{cj shali e�rysi on�-twelfth of the annual amounts,as rcasot�abiy ,�s,����,�•��„� _ .
<br /> � ' s ` i '��!1�93��a.Plus aa ammuu�auf�ciens tn maiatain an addiiional Balanoe of xot more than one-siath of the � ,*'�
<br /> S ��,`' :;,. "�p�'�:�`at�nnts.Tt►s fcctti aa�ual asttaunt far each item shall,be accumnlated by Lendet aiitl�in a petitaal,fnding oae s � —
<br /> ' ' ` �j�'�: t�1�3�:S.;T�eiote.eq�itetri tvattS��b�conte d�ssl�nquen�Lender shall hotd the amounts oollected in trust to payi��a}:(6). . 4 x�'�-'-�-_
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<br />- , pgys�tents fas s�h it�s�s bla to L'eade� �:'�.�' . :<,:: ;�¢-...r_
<br /> Y � � Priar,to the due dates oY such i4z�s�a �tore'tl�n otte'siath the ,. ;' _�:��.�-.
<br /> _ � � � eatimated amoua4 oi pa�ime�ts requic�to pay such items when due.and if:�#.�en��oi�4he Note are etmen�then -.."�:w-'°"—,
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<br /> - � _T� Leseder s�sa11 eithes refund tha esce�s mvec one-sigth oi the�stimated payments L~E'+etedit the�over oa�siath oi the .~,. -���--_
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<br /> . estimated pnyrre�ts to subsequent Fay�na'iits by Bomnwer.at thea ion ot Borrow�r.Ii thetua«�10!the paqmeats made «.;.�. �.
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<br /> � . by�orsovrer for.�item(a). (b).or(c�is insufficient ta pay the item wtien dua.theA Berrosr.�shall pay 3o Lender arz,�: � ,._.
<br /> - a�oumt tt�sary to mslce up the defaaiency on or bef�.�e the date ths item beoonA.es due. . , . �` �;;i.
<br /> � 1�'s t t s e d in�h is S e c u r i�T n s E r uman t�"Secre t�r�°",i�a s t h e S e c r e t a ry o f H�.�g a n d U r b a n D e v e l o p r l^��q t o r.h i s a r j� ��'r
<br />�{f; � j,` , :::;�� �.��esi�nee:;lf�u�aq year iri which�the Lender miist pajt's inortgage i*.ssurance premium to the�acre�r.eaGh monf��iyi :�,' � ;; � �;.:':;, � `
<br /> �,• , 1, ;�aa���inelude either.�i)an:ia�3lment o4 the annuaf ixr.�tin'�ge insurence premitnm to be paid by Lender�'trx: . ; ': ;
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<br /> , ��ac:n..�,vr ri�)a monthly charge ins�sadof a mortgage insur�ri��remium if this SccuniL��nstcumentis held Bp�.he ,
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<br /> ; . '���'ary.�cfi�monthly instellment�Btfle mostgage insuraaca premium s�aU be in an amount suificient tu arcur�ud��: ,,� �,�� s
<br /> _ ,_ �'_. '; =;. �&ae�vfi aanual mortgage insurance prsmium with Lender one montb prior to the date the full annual�mort$age insurarc�rr � - � ,�: -
<br /> ' '"' greinium is due to ths Secretary,�r i�tius Security InsErument is held by the Secretarq,eaeh mutnhl�r cha*ge ehall be� .
<br /> � : � . . : an amoutriecryal to one-twelfthof ane-h�i�'�,rescent of the outstandiu;��rincipal balanoe due on the I�?ote. ";�''''
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<br />- � . -• - .- . Ii Hosrovrer tendera to Lender ti�a fut!papment of all sums sea,-i+eS by this Secusity Instrumen4.BorroHet s account - -�� ���;,__'
<br /> . �� sl;ncl�be credited with the balance t+smaining for all installments ior items(s):(b}+ar�d(c)and any mortgag�insurance ' k. �'%°-_
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<br /> ' , �-- = -. - _ �iaaium in:statlment that Lender ht�not become obligated to�pay.to the Sesratary.aad LereBer shall prompily refund • . `��°�'�
<br />��;�r' ' . 'r�� •e s o e s s f u r►�w B o r r o w e r. I m m e d i a t e l ri o r t o a f o r e c l o s u r�s a l e o t t h a P ro r t y a r i S a�a c q u i s i t i o n b y L.e n d e s.� . �"�, •'��� ,
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<br /> �;� j,• : , ��� . Bofrower'saoa�xcntshallbecseditedwithanybalanc�re�nainingfor�t�-instatlmentsioritem;s .��.(b).and(c). : , '��r:
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<br /> .. . ' 3.AppliqtiaA of Pa�ee�eaEe.A11 paYments un&��aregraphs l and 2 shall Cze applied by Lender as follnw� ,�l.c�,�..; . .. �- � � �.
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<br /> Pirat�to the mortgage insuranee premium to be paid by Lender to the Secretary or to t1�e monthly charge by the �,1,�;•. `�,r �}-�ift}ut�'f;;;.>
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<br /> - - . . - .. Secretary instegd of ths monthly mort�age insurance premium; . �;:'::,��;:���,�•.�
<br /> - � - Stoond,to any tases.special asse�ments,leasehold payments or groUnd rents,and rre,tlood and other hazard , t��``'�
<br /> - ' ur�unceptemiums.as*equired: . • , ,' �. - :;..- --.
<br /> � ,;:";�'. � . ` Third,to interestdua under the Nate; � � � �
<br /> �o h,W nmortization of the pr�ncipal of the Note; � � � ,.: .�. :;; `
<br /> . .: ,. �ift6,�t�1�Lecharges dus under tha Note. . � : ,.
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