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<br /> -- —-- � � !��y�tcn!ei Pad�c�g�1,I�terts3 a�Latt�a�rg�.�orracv�s�1F p�y wtc�n due tt�e�r,mo�al�a��ttt+ess�t,� •
<br /> - • • _ .rhe detx�±�*a����r�a Hote�nd t�:cfiarges a�u�.ts�S�e Idaie. �-Smir�we�stt�i IricI�e in��,#. y�vr�,�en.:
<br /> - - • `�. Mo�4t�!►��►YmraC�o#'����tDiItec��&�'s,�• '�"-�<< � . _ -
<br />�� . . . `taSe�kr wi���rimci�an�ia:erc5�as-set€t��6t t��3�To't�arcd r�ay I�ch�e�,�aii i�e*°..,�.t�s..%�i�ssf��t:)3���,. ` --
<br /> . sp�ai assessunents.tav€ed a�t�be tevial�a�d#e'�tC►p�Y:Eb)`teasohe Q'p�yt�en t�r$reu�d� ��. > .
<br /> i ts, an�t� :
<br /> ' � tc)buemiums fur insuauace cz�ui,ce3 hX�l�4. � � .. ., ...;; -�,: ..':, . � . ,
<br />��. �h,monthly instal�m�t farr it�:t�..(b�aad(cy sbnll.equai an�twe�'th uf�ihe�rstsva!az►to�sats. as�:.saldably
<br /> .. .. _. .' . .�u�afed tL�i� .
<br /> , ..�. , �' by �t�..^k gtu�an utaount su€�cclemmt ta maiAtain aa ad ' aai ir�lanoe of n�t t� th�s a�rstxth'mf t#� .
<br /> -_ °��� •' .� � �m.�a�ts. '1�.fu1! _� �souns far e�s icem sti�?1�e accuznuia.�by Y.eiader wi�}n�a er�diz►�.oae
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<br /> �s�:�::ry,,�,. } �onth befaie an iitm watc�6erntae deliaque�..Leader s�ali hald t�e amounis'caIletfed'u►pust t�s p�y,iT�tsT�).f�3�-�• . —
<br /> = - (c)befon they bzcume deiiaaiueat � . . • . . .
<br /> Y'-� t If at s�►dme the tntai of t�e�aym�s hctd�r a.eeuude�r for items(��.tbl and(c).to r�hes vvid�llse fata��tfi�y . �
<br />- pay�metrts for s�ch items payable to I.eades Esrior tu tt�.due danes of st�6 itenas,'ex�bY ms�re tflat�one-sihth the . . .
<br />-= esumate�amann3 of paya�cais�quued m pay sii�it$ms wfien du�and�pa ts:tm @ e Afota a�cumete�ih�i.e�d�t
<br />=- . " s6all either ref�the excess over one-sixBz of the�sKmntW paYments ar 't ttte cieetss cnveron�-si�lb vf the estimated= .
<br /> " payments w subseque�t paym�ents by Boaowei.ut tha aptioa af Bouawa. Vr tLa��otal,nf Q►a pagmeats m�leby,8o�ower , ..
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<br /> , for item(a),{bk ar t�)is insuffc's�t to p�y the item when dne,then Barr,awer shall p�►y to Leader sap a�t necessazy to. ;.,'•;•;'
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<br /> _ ,, �� '.; .. I make ap t&e deficieacy on o�beforet€ta dnte ttte ite�m bECOmes dne :. � � . .. : � ,: .t- .
<br /> _ .'• � -t• . ,4s a�esi In thls Serunt3►Ins�wna►t,"Secrztaq►"means the Sec�urY of Huusing•an�l Urban:Da�r�e26'pmeitt ar iiis.cs,,ltcr' : .. �:
<br />- ��: In any year in w�ieh the l.end�must pay a mor�age m.°�aace pse�'dumto,itse Ssctetary.each mqa.... is��+�t �+,�..,
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<br /> _ ��ll also inch�d�either. (i)an instalhnent of the snaual mortgage msmraa�e premiwn w 6e gaid by�.ba,:@�e
<br />- .Sect�rary,�C�) a ms�Y��iastead of a martgage ins�ance,p�Itun iF Qds 5a'tmty Iastri�s"'�s 3�t2@•bjr�ti(ic .
<br />- Serce Each�arrt� �TM��tmPnt ge gr�ntipm shaU be sa an amauni suffn�',-iea�w aa�mnlat�tix
<br /> c1f the mo ga en�ance m
<br /> _ f.�.f'.,' � �3l' a�� �' withrtl.cnder ane ma�pribr to the�ate ti�fuli amn�l m m.�p
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<br />- - �i.:'-'%�':�y ����iS�1SC LO��, s ET���'��ty�t 1S�2t1�1 t}��0LT�1�s edC�l t110![t�CZI2Ip� � . ,
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<br />-- ;,�' _ - ! ..:; of dte ouutandinS P��pai aur.e dsse oat6e Not� � ..
<br /> �nteqaa}.mone-�we�at�a��at p
<br /> � ..���:;� ---. . .-�:.=. � ff Barra�wzr t�s�.�i��1 Q3ymeat of all sums secured by '�Security Inst�eiR.Baimwer�s a0000�,'�`� - . . . .
<br /> � �i = . ts for it�ms(a,�(b) ( ) anY cno�gaSe msu:attc� .
<br /> L . �;shall be credi�d with Gtrr��.�e•��us�g for aIF� ) aad c and , .
<br /> • pcemium in�tallme�t tii���xxal�Isetam��Q3�Z��PaY to the Seciemry,aad Leuder stmIl gmmptIY�fl�d at�y;,::.
<br /> ' ;g, '' � ce�s to BmYO ' � �ior m a fd�eci9sate�of the Pcopetty or its oa 6y I.ende+r,.$asrov��'�:,:,,.
<br /> •'�'�°`"*',•'s; ` ,accoimt sbaU�e cledited witb au����far all instaai*�ts for items<e�@�� � � �`"j;;='��'; _ -
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<br /> c,r < ' n,� � ��ODO1�8"dyNf�L9. 1�i�f�D'[CUISIIIIdCiPAiBg["dphS�l8I1(12S�f21E�7C3�112db�f��S�D�O9VSY '.�' ` .. .
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<br />_ �>� ,�� � ,��.. '� ` S to the mortgage msmauce premium to be paid by I.eader to the Sec�►or to the moxtthty charge tsYd�e .
<br /> 'Y`�tis� 'a� , . Secietary instead of the momthty mostgage ins�ce premiwn: , . :.,"� ttaoc!and other haiard
<br /> �v%,.+;":°+ ',��`�t , � 2�iold a ts ar ia�!�ts,and fiie. ha ard
<br /> ;°�t;;.., �,i ; .S.CO D,to any taxes,sge.ctal assessm is; , P 5+�� � . • . .
<br /> ;;;,a,.,. / ,. �ee�n : , :
<br />_ l.ka �.t ) ( CL . ' �0 Ll1ViWis�� �+.�i.a.�if^I . .� • . � • :�1' �•.�
<br />_ c:.�. _�; r�t� . r.. Ti.iID �[�` ' :h;�� . ' .
<br />- -;, , �j�`�" . • , F UR'I�,w amorti7auon of t� »�£Pal of the Note; . �..,
<br /> _ ,,;.;r� ��� :�.,;::. _; .::.: . ::;�:�
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<br /> ` - _, ;;' , �;�;"'•� � F� CH,to Iate ch�a�r�ss dn�und�rl�,�bt.� _� � ..•, .. --
<br />_ �'�:�1`�-� ,: ,;�, , � � .. 4• Fke,F[ood a�'`j.f..�,�?�}.'��-`�''�z�casuahiea,d��u on thg Ptopes�;;�{L+ether now
<br /> - � .4�',� -:1. , �fiu.�.3.s�nre or subse4ru�il�,'•;�d�-� .�fi:-. . ineludin fu�e.for.�l�,iH Lendei
<br /> ,, , ia the amoa�and for t�e'}�iods tRat I.eader zequires Bo�+aare# ,
<br />� {;X�"�c"if:'•r.' ',+;�r? � "3�i�s:;in���rdace. 'I'hi9 ia�itr►sT�;�iitd_.��'�'d
<br />_ �,. ,�a� �y�• �riir�ali' ���Ii��!_�,whetlter now ui�istence or sQ�queatly erected,against toss by�:'.`.
<br /> • -. .. `;`s�, �'`.. � Pani aPPr� Y �[1F'¢!�?;`[. '
<br /> "r:s` .;:..€�� to the eat�att��equi�ed by the S�ref�t,��•:�i�J1IIi�ce shtill be casiecl`with com es ved b Lender. The
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<br /> .`�` ��. �;.'::; policies and any renewals shall be held�by Ixuder and shall inclade loss pa�abie clauses in favar of. an�.tiju!it•'�'v�:.,
<br /> . ..,•,,,:..,.':•„ ::�'> acceptable to.Lender ' •� 4'��:
<br /> .., , . ;.,,•�•:r^.
<br /> :� ,�f , ...•- � in the event of Ioss.Bmsower shall give l�nder immediate notice b m�a�.�I.ender ma raake a�'��s if not
<br /> y y �f : ...
<br /> - �,:��.i'�.,,:". ;•:�f;,r made promptiy by Borcower. Eacb insvraaoe company cancemed is heieby authorized and dinected to raake�aymetoa fai -
<br /> `_:��:'�:�,T,,,_Af. " ;f:,,i suc6 Ioss directly to Lender,instead o£4ta%1Borrower sad to Lender jointly. All or any part af the insuiance pmceeds maY be
<br /> �n ��;�.�,. ,;.' ' app lied by Lender,at its option.either t�a�So the reduction af the indebtedness under the Note and this Seauiry Iastnuaent.
<br /> '� �_..•"�..-'�• .
<br /> �'r_"1=�;�• Nf< f�st ta any deWqueat amounts agplie�'is the order in Farag�aPh�.and then to prepayment of printipal.ur(b)to the
<br /> - ��,°`�; 4 :, Any appficatian of th,e pr�eeds t�die.principai shall not ext�tes p�s�►e
<br /> � '.�` .. �.. . restorarion or cepair of the damaged F�3� _
<br /> f�: .: ,..:{.;.,•�
<br /> �'��:..i. ,:- � ;�' Rhe due daLe of the mar�WY PaYmenu ahic�are ieferred to ui paragraPh 2.af'�. the amount of such��ma.ts, Any .
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<br /> �w'_#�'`' � 'v%�?•+ � ' excess ins�ce proceeds over an amotmt required to pay all outstanding in�►��ess under the Note an��r�Security , . '_
<br /> -sr�i•s.% .'��r,�`���, � ' ' Instrum�sbaU be paid to the entiry legalty entit�ed thereto. ": .� . J
<br /> - �f1 Im r�ir�vent of foceclos�re of this Security Insuument or ta�r��raasfer of 6de to the Property that exdnguishes�-�� _
<br /> . �. . ., � ',��;: .
<br /> '1 ' �•Y��t�` ���,,,. �iadebtec�.�s.�all rigM,at�e and interest of Borrower ia and to insvrance policies iq fo�e shall pass to the pu�t�aser. :.____
<br /> -;.,r. ;�"�1�{4]. ,` . 5. O a c a a n �e s e r v a t I o n, M a i n t e n a n c e�a t t d P r o t�t i o a o f t 6 r.t A:a�e i t q; B osrower's Loan A p pficuttod#•:. . _ _
<br /> -�.,. �y�'� � .. •,•��.t'/ •r•�'' ,' ",�f!'.,./ t��� i�-i-:"._
<br /> :E�+i •�,� �� LeaseDo ids. Bmmwer s h a l l occupy,e s t a b li s h.an d u s e t h e Y ro p e rt y a s B o m��Y�.�p r t n c i p a l r e s i d e n c e w i t h 9 n s i x t y d a y s . ..
<br /> ' �:`�;�.,��`r ` •, ` after the�xecutian af d�is Security Instrument and shall continue to occupy.tTte LT�aperty as Borrower's principal nsidence . Yy
<br /> • � + .. f , ��� i„� far at Ieast une year after the dadc of�ccvpancy.untess t he S e c r e t a t�d e termmes t h i s r e q u l t�e m e n t w i l l c a u s e u u d u e h a r d s b i p;;�-; ;'__
<br /> �`"' � for $ae►vvier,or unless extenuati��a�scu�istances e�tist wh'r�i-�uv beyond Boirower�s ccpitml. Bosower shall notify •
<br /> �•� � � ��;)� , Lenders of any extenaating cinwnst�r',�es• Borrower shaU not cGremit waste o:d e suoy,d i u r ape or s u b s t a n t i a l I y c h a n g e ,�;;
<br /> '�'�' � '�' � the Propeity or aliow tha propeity to deteriorate,reasonable wear and tear excepted Lender may inspect the Property if the `
<br /> .. S '_.',•1.�„:�,,�`' J3.�_.
<br /> Property is vacant or ed or the loan is in defaul� I;c�RQer may take reasonable aaron to pmtect a��.d yteserv�such rr :
<br /> • � s ��• � ' vacant a:aband�•��. Bomower shall also be in d�€�r1!�t if Horcower.duris�g the loan applic�tian pmcess.gave <��M1;
<br /> .,' ;:;,,..:.,,�;rr',�a�;�j materialll;-�faLse oF in�irate uifotmadun or statements ca;,1iGtder (or failed co provide l..ender wifh any mate�inl .
<br /> ;, i,� ..:. ,f;.v�� {<, ��,
<br /> . •�,:`:.,;:-;:•,?.;;,.����� ���1.�y c��a�with the loan evidenced by the Tiare;�liic•iuding:but not limiteQ.m�hepnesentations concemin&� ;::��;.
<br /> . .,,.���.,�,'tr��F�ti�� Borrower�s ar.ctapane�s e�e3�e Property as a principal res�dence. l�'ti�is Secunty Instiument is en t+leusehold.ammwer shaU � ..
<br /> , ` ;r��.:,:�,+,;.,�t�:�,i,;�, ,
<br /> ,ttr.�.s,,•.. ti,... . ; �ply���� v �o�the lease. If Borrawer acquires fee title to the Pruperty.the lessehold and fes titlo shall not ,.:'..•
<br /> ,•�-t;;r+���{;+`�::':; • be metged unless t�.en�%a�ees to the merger m autcUin�. : ;,�'�',�;
<br /> 1:• •:s s 6, to�Corrrower and Proteet�om aff fi.��der's Ri�ts tn the Pfro�c�r4y. �'c►r{ower shall y all' ovemmental r..
<br /> � L nis.,•:,.'
<br /> .�',�'`�';�:••�"'r�.�`',•'```;� or municipal c es.fines and imposidons thnt mc noi included in P�uagXaph B. Band�tc�;s#tall pay these obliguttons on 3;,,:�
<br />-- �, ".��•...,,:- • �e�¢�y��e entity which is owed the paymen� lf failw�e to pay would adverscY���u!i`ect Lendor�a intemst in the .
<br /> • ,. �� Property.upon l.eader's request Bornuwer shall pmmpUy fumish to Lendec receipts evidencing these paymenAs.
<br /> �:� `'- - •: '";,�` ' If Bmmwer fa�s to matce these payments or the payments required by Patagraph 2,ar fails to perform any other
<br /> , . ; .
<br />� ,'F _ covenants and ag�eements cantained in this 5ecuriry Instnunen�or there is a legal proceeding that may s�gnificantty affect
<br /> .' � . . , ' Lender�s�ghts in ttte pircrpeerty(sucb as a pmceedin�in banlwptcy.for condemnanon or to enforce laws or regulations).
<br /> Prop
<br /> ' , • ' then Lender may do and pay whatever is necessary+to protect the value of the Property and Lender's rights in the Property. ,.
<br /> � �`�` ' :. inctuding paym�nt of taaes.hazard insurance and other ttems menNoned in Paragaph 2.
<br /> ' • Any amounts disbiused by Lender under ttis Partt�raph shall ticcome an additionat debt of Borrower urW be secured
<br /> •� � • 6y this Security Instrument. 'i'hese amawus shall bear�nterest from the date of dis6uTSement,at the IVote rate;and at the
<br /> � ' . . option of LendEr.shall be immedisitely due and payable.
<br /> �l. Cundemnatton. The pmceeds of any award or claim for damages.dizect dr eonsequenrial.in connection with any
<br /> • ' � � cundemnation or other ta�ng of miy patt of the Pmperty.or for conveys►nse in place of condemnation,are hereby ass}gned
<br /> � � und ahall ba paid to Lender to the eatent of tite full umount of the indebtedness that remains unpaid under the Not�und tlus
<br /> • � gecutityr insUUmenL lxnder sclall apply such praceeds ro the reduction of the indebtedness under the Note and this Seecnut nf � -- •
<br /> . - � - - ` — � • Instiumen�.Fust to nny Qetir[qaent�omits appdiai in t�►e order�-rid,:d�Psssgsph 3.an�tts�to pr�+aYm --
<br /> ..`_ , ..,,__ . ��.
<br /> - ...�".. � „ � piincipal. My ppplicauan of the proceeds to the principal shall not extend or postpone the due date of the montiily
<br /> � . ' . I�gt2�0�Rt�►
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