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<br /> lu�u�:iaf_nB lo�ay f��t:::�i er��ca e�u�,th;:a Aazroe.ct chap p�y to L.cad�7 cny cr„nun3 n;tc�c;.ry fo r��_'co ua lR��::::'.:ar,y n;i o7 . --
<br /> bc'o:�lho dat�f1�l:c��i��cor�z_� du�. _�-�: -'",
<br /> � As usod M tMts Ser.urky Inetrument, 'SoerQiary" msstni QhQ Gocratcry o7 Houslnp rnd Uri�tn CJrirobpn�it ar ht� or �587 r__ _
<br /> � �. deslQnoo, In�rry y�usr fn whhh lho Lond�r mu�l pny�mo�tptQe hsututc�premluro to lhe Setr�tary,�oh monthy payrnMt OhpW „
<br /> ° � �bo Inobd�ikh�r: (I)�n httalh�nt o1 th�utnutl mart{)o�inturancs pramium lo be pald by L�ndar to lhr&acrotuy,or(�i)• v
<br /> � monthy cherp� �natoad o7 � moRpiQ� h�unuice prwnk,m M thls &CUrNy InstNm�nt k hob by tho S�cretary. Etoh monthy , ;�fiN:
<br /> I lnat�t!m°nt ol the moR���e Insurance premlum ehall bo In en emounl auNiCient to accunulaSe lho fuN annud mortap�b�euranca ��
<br /> prMntum wYh l.�ntfw ono month prbt to th� dots thte NII �nnufl mart�apo hauranco premlum f� duo fo Gi��r=:=N, aP��'•> �_, —
<br /> . Socurity Inewrt��nt If Aeld by the Sacr�tory,oaeh monthy oharq� shtN M In nn unount�qu�l to on♦hwfRh ot anfhtM p�nc�nt �.�<-.
<br /> ' �:;.:.;-
<br /> �� of the outat�ndh0 Grk�apal baknam dw on the Note. .
<br /> If BorrowM tmd�n to Lendu th�fuN paymK►t of KII sums tecurod by thls Socurity InaWrtwnl,Borrowere�ccount aht�1 b� ,. ----
<br /> credked wkh tho baitncs remahhp for�N Instnlln�nta lor Rerna(s),(b) ond (o) �nd any mortpeQ�bwrnncr pr�mium h�taMm�nt „ , ` '.�=:
<br /> that Lender haa not beoome oblipated to pty ro the StcroUry,�nd lee�der ehall prompiy retund�ny sxc�ss tund�4o Borrow�r. �
<br /> ' Immsdlntey prlor to a torecbaurs eob o}the Pruperty or k�acqubkbn by Lender�Bo�rowa�'s sccount sh�N be CredNed wkh sny ��„
<br /> batana reRUhhq tar eN hstellments for kema(o),(b) ond(o). ' `���
<br /> 3.A�pIIC011011 Of Pt1y111C11t0. AN payments undet parepneyhs t and 2 ehaR bs applbd by LenG�r ae IoHOw�: „ �
<br /> �' Firs�to th�mort�qe fnsurance promlum to bs patd by Lender lo the&ecre�ary or to the monthy ehupo by tho S�cretuy
<br /> instsad oi Ihe monthy mortsape hsurance premium;
<br /> �� Second,to any taxes, spaclai a�sessments, teasehofd paymonis or qround renta, and fire, P�aod end othsr hazard _
<br /> Inaurenca pr�rnbms,n�required; •
<br /> � Third�t�so Int�xost duo under tha Note;
<br /> E�teQUl, to emoRLttbn o�the�rinaipal of the Note; _'"'�"�
<br /> •� Flitit,to lete aharpes due under the Noto. �� •�
<br /> � 4. �IfC� Flood end Other Hazard I�surence. Bortower shell insure all ImprOVements On tha P�opBrty,wh�tbK �, ;,;,;::�
<br /> navi In mcbtence or subseguently ereCted, agalnst any hamrd3, ca6unRles, and continpencie3, Includhfl fire� fo► whbh Lendsr . .;s�'iw.
<br /> requires insurance. This hsurence BhnA be mahtahed h the amounts and tor Ihe perbds that Lender reQukes• Bartow�r BhaN � • •
<br /> alsa (nsure atl Improvamenta on the Property,whethor now h existence or subsequentry erected, agahst baa by Hooda to the �'�.+�:;_
<br /> � extent requYed by tha Secretary. Ali hsumnce shall be cartted wtth companbs npproved by Lender.The Msurance polkles nnd � . ___
<br /> � • eny ronawels shall be held by Lender end shali Include loss payable a{auses h lavor of,and In a fortn acceptabla to,Lendx. . ,.,. '-
<br /> In the event of bss, Bortower sha0 plve Lendar krmedlate not�o by meu Lender may mako proot ot bss N not made ;� �f,�n'�
<br /> ...�a....
<br /> prompty by Borrower. Fach insurance company concemed Is hereby authortzed nnd dlrectod to make payment for euah bss ••� :_-�:,,�
<br /> � � dkoctly to Lender, h8tead o} to BorrOwer and to Lender Jointly. Aq or any pait of the hsurance proCeeds muY be apPlbd bY ''�+�_-
<br /> Lender, al fts optbn, oRher (a) to tho reductbn of the Inde4tedness under the Note and this Secu�iry InsWmant, fYSt t0 eny .r,�• '�7.":.
<br /> " deltnquent emounts applbd k►the otder In Paragrnph 3,and then to prepayment of principal,or (b)to Yhe restOratbn or repaY of <�� : -
<br /> . ._. u., t.. � r a In thw nrhnbAl ShHll fi0! 0%�0(Id Of poatpone the due date of the �_ ` "l
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