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<br /> --�"� ` �. 1.O�a�se�ct 6g�',,�cip�i,l�t�est ar��Gt[��ge 8�aav�r sh�ii paytvhen du�the p�tnclgal og.en�intsras4 on��- . �� , - -
<br /> -; �, � " � `tii�da �a���:e Ptote a�d i�b charges due un4ertha t�flie. �. ,�: _ _�_
<br /> - t� -
<br /> 4 � 4.; � d�s . otT�x�,lasm'a�c��Qt�t9�r �a. �otrower s�l3 dnciaide in eacte enrnttt�f payir.� ' ` � � -
<br /> � � . p
<br /> -�-� � ��� .__ •tog9�;a�� ..►, ea�d ErBerB�st 2s SeLfR�ftt tn iPts 1Yote ar ai►j f fa49 cttarg�'�,&3�tns731ira��fr�y►(�!'�a.nd i�.-���--. -
<br /> � spec�!�uss�+srrt�rt�. + . orw ioe[avied a�iatsr�t+te�roPe�@?ie^��sa�►atd p�ym..�Ls ar gsm�ms!re��ttr ttts .�r,�z� -
<br /> _ �� � ; Fropeitgt.an�(cj�r� for tnsurance reqaUed bY PeragreFh 4. � �z � .°r.�t� L: -
<br /> "`#K � ,: ESC�!1ItQTRh�'.�t`�"c����FLfOi�1,B4�tS(8).(�)6ttd(C)Sh3�!@Qtl�Oi16-N!�{�1�1 thB 0T1Atf81 fli�tC1U1�,flii f68SQ11�Y �,,a � _. _"
<br /> -�"` � �� eStIt�LBQ�3j►R81Fd67� �1!erttoUTtt&tlffiCfe[it LOltiSfrtidttt 8n Sdd�of3A1 lf�t2f#C8 of riOt RtOtA Ut8�10�'18-Sb�t 0!the ` ' -_
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<br /> °`� '` esilm3tgd ar�cttn�.��,�1 annual�amo�►t tcr ear;h ftem�haU be accumutated by i.�xf�r wRhtn a perbod erx�[ng ans � u�,� -,�
<br /> , - mor�h i�afo�a an Ft�rn v.��becoma d�i�quen2�n der s 9�a U h o i r D t he amo u n t s co�I e s�f Irt trusE to�y itarns(a).(b) � � r��.�,-
<br /> ' '-• `�` - attd(C)Cafarethaly b��tte deliriquer�t �: :���-;:-<`�v'^�-
<br /> - .t . •. If at any ttme t8�ot.�a!�t�e payme�ts�e�d`by Londerfar items(e).(b)and(c}.t�gether wfth th9 f�iure monttily .. :,.
<br /> :-:.�-�---=:,. �� ��stt�t t���x+"3f�'�����P�to it�dusd�tes st such�tems,�s by rtt9se tban ane-st�h tit� _ .
<br /> + �:,�..�r... . .Y _ 4�, -�..
<br /> ,,h. . estumist�amcus�ttt�7�ts�to pay sttcb QesnS whsn dua.ar�if paysrterrts fln�1►s iVote are cumert�tP�en .
<br /> :�;�,:. . , lsred�r shatl e'.t�er r�fts�rwi t1��Cess over ons-sbah vf tAe ssiimated Pa5►msrds or c�i�the excess ovef orte-sDdh ef the : � �` ' � =
<br /> -. � . ' .' @S1ItiC�t.°!3�AytI18ll�hJ 5�:�'lQ2ftt�l(!f{ftii2S by$OttOW81.SI tllB A�OR Q�ROfi01N0fi�tI1@ tQt810�th@�j1[it8i12S R{3d8 tit . '•- �; t�
<br /> ` .�4 .�.. ,�- . ,�: by Bcr�es for�(a).(b}r., (c)[s inst�cieM to pap tha�em when due.thert RA�qWBf.shail payto Lender any . ,. � :. . ��-
<br /> ti� a�-.-,, _
<br /> �.��;:
<br /> -- . ,�. � . amotmt nece�to ena� tha daR�ter�y on or defare th�date the ttem becom�dua. • ..` �:.:_,::.
<br /> � ELs usad in 4hts$asxt�l�ins�rtm8�°Sac�f inears�ths Sectetary af Haustng and Ur1�an Oev�epment oT ht3 ar �:�� �r ,' _
<br /> _�-.. + F r 5 .. � hes desigr�ee.lrs�rsyr y,�ar[n whtch the L�f�must[�ay a mortgage inswrat�ce premium t�the Secreta�r.each rrrotnPtty . ,�� .- .�'' _
<br /> L _
<br /> .:.. , payrr�,r�sf�aii aFsa tn�Ir�da e�her m an i n s i a ll meat o F t he arm u a l ma r t g age tns u r a�c e p r e m t u m t o b s p a€d�►l s n d e r t o ' :.-,j ..rt.. -
<br /> � .; �c. '� �.,,,�5�, tlts Secretary,or Qij a����le instead af a moitgaga t nsurancQ R t e m i�t t n f f U�i s.S�c u r?t y t n s i r t a n e n t�8 h�cct�unula e 9 � � �:'��`ti "��:�,s:t.
<br /> »---
<br /> `- Sec�esarY Each rrto�fity,{nsm(tmert ot the mortgage tns�trar►ce premfum shaU be in an arriaurn su�9derd M •' . ��°--- ,
<br />�"� " ` E ��� thef�illanrivatma�tga�atnsuraa�cepremtiunw�hl.endaranemomhprtortathedatethef�lannuafmore�ge. ' � ��,�"a--
<br />-�� insutance premium�ts du�to�he Secretary;or�this Security tnsttt�fneM[s hetd by the Se�retariG�monthty d�arge � � - -
<br />�� s1�aU t�e tn an amouM as�t to onefinrNfth af one�haff percent af the oi�ndi�g prindpal.balance d�ae cn ttce Nata. � �`,��=' -
<br /> r .�.� ;.
<br />�� � � - If Ba�rower tet�dars ia k�nd�r ths fuit paymeM of aU sttms secured bythia SeqnRy InsWmeitt.BorrawePs account ' � -. ��, _�
<br />� �� ,., � sr,at 5a c�a�ea,n�me��a�e ren�t�ro�an�+s�:tme�ss ro��ems�a).(b}�.(c)a�td enY mortg�ge Insu�anoe .,,,,. � =
<br /> : s.:'.. ,,, .� �,�.-
<br /> ,--:;�,:�...,;:�. < pretntum in�ailmar�ttt�t!��'isl��Rot foecome oWi�to pay t�the Secretary,.snd Lendet strall pPOmp�y retund . �,',:,,- ,._,,�-�= -
<br /> � ` ,.k.�u.._�--
<br />-_� � airy ex�ess f�rrtds��a��«�mmed�ately�rior to atasectosure sa[e of the Prope�ty ar iLs acquisRt�n by Under, ,2 .��.�h c�
<br /> 6R
<br />=�'�'�. C':�� . �.,,'�,i., Borrowe�'s a�►�t s3�Sf iaa cn�ifted u�fith any bafance remaUnng for ail tnstaltmertsfor items(a).(b)and(a)• .,`-r.:�-
<br />-�.� .� 3.A pptit�ics�o!Paym�[Rs.M paynserds under Paragraphs 1 and 2 shatl be applfed by Lender as totlows: .��.�:.
<br /> � . �.� .��;� .� F�RST.to ths rnortgaga tnsurance premium to bs�d�y LendEr to the S�cr�tary or to the moMhly dtarge bythe ` •�
<br /> � • m e tns�t� iBmfUiti; � ""'����
<br />�_ ':`....�..... _. :. SeCretazy i�Qf thp enqrithiy► o�Sa9 P . :.
<br />�.,-' , �. ' �ECON[7•to any I�atc�sg�aia!assessmartis.tea��Pcatd payments or grour�t e�nis,and fire.ftood artd c��ter ha�ard� . ' ,".
<br /> � tnsurance premluerts,es requtred: , • �:
<br /> D.to Intesosa dua�nderthe N� �,' =Y
<br />� . .• �.;-; • �� OU- �to ama�tiaatian cf tha prin�t�at of tir3 f�tute; .
<br />�� ������;. _• JFTN.totatacharSesdue�rssiderthaNa�. . : : .. � .
<br /> ::-�" 4.Fire,F[ood artd Q�t�t�tt�rd fnauraace. Ba�er shall insure a11 impnc°3�emertcs on the Properry,��er � . � :� :
<br />� �` ,•:, ° . ��r in exlstence o7 sub�dty��rected,agatnst atry F�ards.Casuatties.artrtot�ingencles.tncladingfic�:��rwhtch � :' n,.;
<br /> .. i.er�der rec�utres tnsurancs.Tfiis.i�+sura�ca��a11 be mair�fied�n t�a�rrrourtts and tor tP►s periods Uv�t Lender requ�res. . ! � :`
<br />= � $an�awer sfrr�l�iso irt�p.�Si.tl�p e�e�on the ProReRy.wh�er r�ow in�xistence or subsaqaerniy erected. . . :�;,.°'t. �
<br />�'� � . . � � eg�resR toss by ftoads tatha�equtro�by the Se��eiary.A!im.�srance sha11 be carrted wi#i companies approv�. �. . �:�` �
<br /> Isy i:erxier.The inseuanc0 p9nci�s and any renewals shaU ba h�id by Lender arid slrai!tncfude toss payable dauses irn�;. , '��=����
<br /> ;,..;,. � � .,
<br />�. „ � �vc�af.and in a form vx��taE,�'.stu.L.ender. � �; �
<br />� • � � tn tha eveM of lo;s�Borrm�ershatl give Lender immediate nattce by ma�.Lender may make proof af toss if noi ,-; �•�;
<br /> -<� . '• m�de�rompUy by Borratives Fach Insuranoe com{ra►►y cancemed ts hereby authariaed and directed to make paymer�t .. . : ,. ��"
<br />�� . , : br such loss diret�tly co Lender.tnstea�of to Borrawer and ta Lender jolmty.All or arry paR af Sfit�insurance preceeds , � . t';,'
<br /> may be appiied hy lend�r,at�s option.efther(a)to the reduction of the Indebiedness under t�Note and thts Secur�y � ;.;;�:' _
<br />� � ' InstrumeM,flrst to any d�ltm�u��t amouMs appiled in the order in Paragraph 3,and then to prepaymern of princlpal,or '•"' . . _
<br />--��� � � M ap It P Fal st^��nat t;��';� .. _
<br /> • (b)tp the restoratton ar rep a',r pt the damaged property. y A �on of the proceeds to the rinci :_,�;:�:.,; . _ .
<br /> � ,.. • r.~'r. eMend ar postpone the dua dat�af the monthtY PaY►rteMswhich are referred to fs�P.aragraph 2,or change tfie aanount : �fi'_�3�,. • . _ . .
<br />'� , , : . ,., , of such paymsni�.A�y��iss tnvurance pnoceeds over an amaurn required to pay all outstartdfrtg indebtedness untie� I � � .,',;:
<br /> .,,,�, . �. . :i � the Note and M�S Secur+ty te�.Krumerit shall 6e patd to the ertity legalty entttled thereto. � ,,��':.'�.
<br /> = — .::.i. (n the eve�t of fore�ta�trra,o f th is S ecu r i t y Instrume M or o t her t r an s fe r o f t�t e t o t h e P r a p�t�i y t h a t�c t i n g u i s h e s t h e � . ,. • �
<br />=;�� � , � ";, ir[debiedness.all r�ghi,�ltl�and Interest oi Borrower tn and to insurance polictes in force shffi!pass to the purchaser. �� - � � �:��,. `° .
<br /> .. , 5 O c c u p s n c y.�e a�n n t i i o n�M a i n t e n a n c e a n d P�r o t e e t i o a o tth e Rro p e r t y;Borrawer's Loan A p pitcatton; . _ .
<br />� � t.c�s e h o f d a. B o r r�w�v s h�l o c c u p y,e s t 2 ti l i s h.a r t d u s e t h e P r o p e r t y as Borrowe�'s princi p a l residence v�ItO�in s b c t y days ��
<br /> � • afber the exec�rtion ot this S�curity fnsirumr.sft and shali continus to occupy tha Property as Barrower's pdneipal ; . � � ,: :5,>:.;. .
<br /> • �. . . res i dence for at least ona year a f ter t he d a t 3 o t accupan c y,u N e s s t h e S e c r e t a r y d e t e r m t n e s t h i s r e q u i r e m e�rt wiA c ause ;.. � , :,.}�;:'
<br /> � undue hardshtpfor BomD�v�t,or untess�erruratlng ctrcumstances exist which are beyornl6orrawer's ca�mcl.Borro�ler - �:.�;;�:,�,
<br /> - ��,�,;-. shaA notify Leriders of aP►yt�xGenuattng ctrcumstanaes.Borrower stiali not commSt waste or destroy.damagY�.flr ; ;
<br /> , su6s1ant1ally change tha Frqpttrriy ar aflow the Rroperty to detedorate.reasonabla�nrear and tear excepted.i.ender may � `.':� .
<br /> - � �. � Inspect the Properry Ef t�a Propeny(s vaarnt or abandoned ar the toan i�in defau9t.Lender may take reasonaWe ectton ,
<br /> � � ' to prasect and preservv sucfivacant ar aftandoned Propeny.6oRawer shall atso be tn detauft ii Bo�rower.during the . . �_
<br /> - � � � l�n appltcatton p�ess.gave matarlally f�lse�r Inaccu�ate tr�om►atlon or ste�temer�isto Lender(or faQed to provide . .
<br /> se
<br />_ � L,er�erwRh arry rtcatel�3f Infarmallon)ttscitnnectlon with the laan evldenced by the Note.tnctudfng,but ndt Iimfted to, �
<br /> � represernatIons ccncsani*{�F�onawer's a�upartcy ot ths Property as a principat residence.ff this Security tnswmeM ts ;::;:�;. .
<br />� . '� � � � . � on a teaseha�d.Barraw�r s�t�I1 cmmpty�vxth the pravlatans of the tease.Ii eorravre�acquires fee t�Ie to the Froperty.the =�;.;�;:;�
<br /> ti� . " leasehdd and tea titl���ati noi�s mergbc!uniess Lender agrees to the merget tn wdting. �
<br />��. . 6.Cliargea ta Batrai�et ent!Rra�cll�n af Lende�'�Rigt�In the Property. Bomawer shal)pay atl gavemmerna� � � . 'f•:
<br />= � .� . or muntctpaf charges.fineG and tmpost�ot�that are no!indttded in Psragraph 2 Barrovle�s1�a1!pay these o�ltg�ttions ' �
<br />,�� . � on timo directiy to thd�enttt�j,v�hich is awed thepaym er�t.�1 t a i iure to pay wo t�d a�ve►s�/e t ie c t L e n de r's I r rt�re s t in the
<br />- � , Pra�eny,upanleaxl�r�mirj2st Barrower shatf prampUyfumish to Lernder recelpt�evldanetng thesa�aymflnt�.�• .
<br />- . � tf 6arrowerf~�ato�Ic�these paymer►ts orthe paymenYS requtred by ParaQraph 2.ortaiistp pe�farma�aihet �
<br /> • . ca�t8na�;and agt�s cotdaUted tn this Security InSVUmstu,ot there ts a tegat�4aceedtn�tTm may stgniftcs�ntty
<br />_ . ; affect Ler��'s dg�tn tha Piroperty(such as a pmce�dfng in bankruptoy.tor condamn�tion ar to e�orce lavsrs or ; �
<br />����� r ans).theon 4or�der nr¢ay do and pay whatever is necessary to proie�t the vatue W tha Property and L+endePs � °
<br />- � . ,.� : rt�in Uco Rropsriy.[ndudin9 Pa1i'm�m of taxes.h�a&rd insuraiecs and aiher�ems m2ntioned tn PEragr�ph 2. .
<br /> � qny amcur�d i:b�a+d by 1.e n dar�m der t h i s Par�rap i�s h a U 6 e c a m e a n a d d�i�n a l d e tr t o f B o r r a w er a n d be
<br />-.�: �' • s�curai�,ttt�ts Sacur�j.IasWment.These amou�s ahaU bear irtterest from the date ai dishursemern.atthe Note rate.
<br /> s� and ai ths option adLe�+der.s!�b e imm e d l a t e i y due an d p a y a b te.
<br /> 7.Candcme�San fie proceeds of any awani or ctaim for d�ges.direct or cartseq�eritt�.in connec2ton v�ith �
<br /> � any co�ferruratic�or ather taWng af arry part af the Froperty.or tor corrreyartce in piace of cortdemrtatton,are hereby -
<br /> ` � �ssigrts�and shafl6o pad 4o tender totha e�deN oi the tu11 ammmt af tha indebLedRess that remains unpatd under the
<br />���"'`-�=1 ttiG20��thi9 SBCtm�j.it�tnurtenL Le�er sk�i aAptY sttci�pi�.�ta t�r�u�'J�i oi ii►e 3�n�ebt�::rss tmdet the __ �
<br /> � -�- ' .. . �- Nofo endf➢��s SE�unt�j Irtstr�urrerrl.f�t t0 ahy Qet�hqrtem amaurc[s apptt�id tn ti�e eTdarpraviaf�in F�iragraptn 3.�r�i -�----. -._._
<br /> �: " � tt�srr tn pr���3.y!Rvsd cf pftn�1p31.Am,►appi�fon of tRe pmcecds totha principal shait rtot eadead or postpnna tha�ue �
<br /> � " FQ�lL[i"eDCLl.s'"I'ubO.F��-DOF'tRUsT PAGE20F4 �fl� �
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