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<br /> � . eot�v�y i�.c Frapbrty s�d thzi!t►�Proptrty i�e��s�eect3,�'+'�'�:f�aYai'����f��aid. t?oai6wer��ra�tt�t�wi1�.
<br /> dyf�nd ge'r�ratiy tt�dtY�t�tiie I�ro�ty���nst'sl!cLvms asx.��.lef��iifii�o►;�'�j�st t4��n�r tociim�r',�a€r�rti. � .
<br /> . . �t.payl�e�3 oi�i�lA Ltt2r�t�Bsite�ar�e.��rusxist-�c;�'is�.6uy�Zrial atue���{�s�at af:`ti�d�terc�a��+��c; -
<br /> . dc�t ev�cien�d b�r t�e PI�te aaA late cha�gc�.�a��t}��e rlcmr::;�. -.{t`.:< f,. . � `. � .
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<br /> ' 2. Modtht� 1�a�a?.T'aa�s, �ur�;aee�ttd€�rtl�_:�.Y�tf���.��4?`���i�ta�in�cis mamitlY D�Y��� � .
<br /> � ,.� tbgetber witts t'�e priacipal epd�inta�st as se3 fatth i�n t8�;1�t��I:���.3�t��i��((V;R���ii�aYim.�t of any ts��a�sgd3al
<br /> assess� tevi�d,or to he tevi,ed against`the Piropertp. tb?�:�c�sa.�ai+'�e�a�iw►ei�4s+�z,�grflurd rtms 6n the Pna�ertY. ar�d tc�
<br /> premi�uns for tnsurance c�by paiagaph� . . ,. ;,:..; ..
<br /> � B��atblY i�saiimena far it�ms Ea�.(b�.an�(c)a1ta1€i��,:���i`s',�Rh�nf ihe o�anal amo�nts,as reasanabIy�esi�srnt�l
<br /> byr'�.,ender.ptus`an�amannt seifficie�t to waantainaa additituta�i��.'{f��it"�SFi�t u�re thaa on�sisth of the�aaaau.ais:Tha
<br /> full:annual�mauut f0a each�tem s4a26 be�ucc�mn;ilated bY.�����isbia�p+x�iod e�fin�one�ntIr befare aes item wauld .
<br /> .� [�esa�ne deliuquent.E.endn s2�a]I holA the amunnts coitectb��u�,°-m�st tv,.�_�i#eais (a)..@}; �(c) befnn they bespme •
<br /> ' deiiiiqtte�t•� _ ' � '>'::�:` � , , __ . . " . : • ` '
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<br /> . � �1f at any time the totni of the paymenis Held by t.C�S�'1'?�ite:ns(u), (b).a�i.(cl. togetiterwit�tht firtrtue mo�shly
<br /> � paymer►;s for sach itRms payable co ieader priot•tt►tl�da�,�t tif sir�ir�„exoeeds isy�nr�t62a��-sixth t�ie e�nated : :
<br /> ' am�unt of pa�Ris recluind w pay such items.wt'�en.d�_m�;il��pay�s,�aa�t�te Naie are a�t,�n Leader shall eiiher �
<br /> refau�tt�excess over one-sixt�o€the�timazed payrbarits�ra�{t�tl�e excess over one-snxii�of`the esnmate�pa ._ymeais ca
<br /> ��PaaY���Y Eatrogrer.at the option of�ormcir�,�tEt$e tatal of t1�e payments made 6y Bmrowes for Iceai(�#9>N), _
<br /> , or(c)i�insuffiaenE to pay the item tivhen due, then"Borraw�c c�aD gay w t;ender azry amourtt�ar�to mak�:ti�p ttte .
<br /> deficiettcy on or befoie tha d�te the item becomes due. ' . , .
<br /> _ As us�iu this SeC¢rity Iasuwmeni. "Seae�Y„ �the Secreiary of Honsing and Utbarl Dev�C�or iu�or hea'
<br /> desi�ae�. in any yea�r iA tvtucft th�Ee�es mtast�pay a tuortgage i�mr.an�p�ium W tbe S�y. e��arithlp p�
<br /> shall also irulade ei�r.(i)an instxlimznt of the annual Yaortgage incurance Freniium to 6e�,aid by Leader co the Secf�fir�ty,or
<br /> (ii) a monttily c�l�arge fiastead of a mort�ge�insman�,premium iF t4�is 3e�c� Instrument is hels2�=�r t�fi'�n°�Ch ,
<br /> .. . .mdaihty Installmeni of t�e mortgag�i++a„a�pn�u�iii(��r�U be in an atnoqTtt[�aent to aoc�mulsue tYr��7::smcu�Ti�i��gaSe
<br /> insurauoe ptetnium wit�Y.eudez one mnmh prior tt�t�re'�a2a the fuTt a�nal�age insaiance premiam is dire to t[t��'di�haty,
<br /> or if this•Securiry 1n5tnsment is heId by the Secretary, eacti mtz�.hly c6arge shall be in aa ammsat eqaal to o�� of
<br /> on�UaPFFp�ceat of the outsrauding principal balance due on the N�fc. ` ' '
<br /> lf Borrovler ts�i�ts w Lsnder the full payment of all sams secnred by this Security Insunment,Sortower's accaouni shal!
<br /> be�eredited with the 6alance remaining foz aU installmenfs for items(a). (b),and(c)and any mortgage����nce p�eminm
<br /> instafiin�nt that t,endet has not 6e�pa obligated to pay w the Se�etary,and Lendxr st�aU promptty refnnd any+excess funds to
<br /> Botrower. Itumediately prior to s��fqt�closure sale of the Pragerty or its acquisition by t.endtr. Eoaowet's a000imt sT�U be
<br /> �cre�ited with any balance remaining;�oi all it�stallments for.items(a).Ib?.and(c). . ,
<br /> . '3.Applic�tton a$:T1'eymenis.�l11 Payments imder parag�aphs I aad 2 si�ull'��appli�d by Lender as follows: '`'`%`'
<br /> ' . •. ��e�;.to the ittartgage insuranoe premi�un to be paid by l�r to the Sec�ta�y or to the montLly charge by the�Seixt�aiy �
<br /> ,instead�of the msu►tWy mortgage insurance premium: .., ,•` �
<br /> S�cand.to�nny ta��es.special assessmen4s.leasehold paymenu or grouud rentg,and 6re. ftood aad other hazard i�swance
<br /> . � premiums.:asrequrired; ' ,.
<br /> • Third,tn intemst dne u�tder the.Note: �
<br /> � � Fourth.to amortiration nf tEte{,.�ncipa!of the Nate: ' . . �
<br /> Fifth.to.late ct�arges�ue undet the Note. '
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