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<br /> : T(l�f3T'Fi�R't�rr�'II'H elf tho isstgtuvttaeass��w as 5�ea�tar erxt.�az�tfie qnm�Yr ar.d�a2�esse���ii�Tntr,-- .. ".
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<br /> a��.�ses.taAt�mgaTt�ts�tsturral._o�t and gps�8hts±uid Prozrts�v�a�r ng0��:s�,�s����#i.=tcix�r��:�:..�:. �__� �.�-
<br /> � hers�'ter a pnrt oT tlie pr�pertg.11lt rapf�cm'cAts a��`e8d.itloAS shall slsa be cavet��p t�#e wec�ri�In�struu�aeut:��a�
<br /> � � t�e fore�oin�is se€�!o ist thia�urity Ia�tranaent a�t�"�'t�perty:' ' . _ , . . .
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<br /> ,, �BORAt?WB.R CUVENl4I�TTS thst Hamawcr is 1sa�Wy seised aY tb:c estate hsrc8y"convopt�i at�d h�a t'he r�ght ta � .
<br /> � . �ant�r.���ey the Ftogetty an3 tBa4�thc Ftagersy is uncucvmbere�.�cspE ior en.`'um6zaACZS,nf rt�ard.BarFe�xc� .
<br /> < � ivan�es�FS aad witt d:fastr3 g�craltY E�e title to the Prap�rtg a8ai�ss ati ctaims artd c3esn3ads.subj�ci.t�any��braneea, , "
<br /> . of rer�rd. . , ' ... ,_ _
<br /> �-: -, �- � � - - ..- _ . .
<br />_ . , F:Paqaaeat nf F�€uei�s�:I��..-rtsE rs��I,at�Ch3sgs Borrower sha�t pap whea d�ae the pri��ipat of,a3td intanesc
<br />- on,4hedei�t�videacxdby tlie��Totqaz�latochargeadusunder tBeNute.
<br />= 2. 14ienthig Papmeats af..'�ues, InsAt�}�R and t?tl�S� Char�qa�. Eor.ro�rrr shall jp�lude i�► es+ch moAthl�. . ��`-
<br />- .P�Ymeni.tagether with,the prin�ig�t aad;��ttet±�aFt set farth ir�the Note��ul anY I�te ch�rBes.e�n installm,ent af an�r.�a}. ..
<br /> tsaes and special s�samesit�s iev,�e�c1 or�o fae tevizd against thr Pns�rty.(b)ltasehold paymeat�,S?r�gFOUnd r�ents or�the. .
<br /> •Property,aad(ap Promiums for is�}rouce r�bY��S�Ph 4. ' , . .
<br /> . . �h r.��nthlp iastaUment far items(s?,(b).and(c�shalt equa4 on.e-twalfth ot`th�annuat amotrata.as reasa�abSy`
<br /> estimaud by I,eadu.Pl�an amount suff?cieat to maintaip en edditimnal tialausz�of nnt aaore than one'si�th of�h.e '
<br /> estimaud amo�rn�.The full anaual a�ount for eassh itesa sl�sll be acc�mulated by T.eadsr wit6tn a perind endsn$one
<br />= mQnffi br,fore an item wovld beco�ne deliaquent Lessder shall hold the aa�ovats c�ll�in tnrs�tu pay items(a�.{by.
<br />= . aac}(c�be4orathep�came deliaqu..'�at. ' � . — --
<br />= � . If at any time the totel of the payments�eld by.Le�der for items(a),(by,aad(a�,together witfi th�future monthJ�l:;. --
<br />� paymeata far such iteais papable tfl I.euder prior w t�e due dates aP euch ite�ns.esoaeds by mare than�ne-sistt�tii�;:`�.� .
<br />- eatimaud amouat of paymtenffi required�icf f2aY s�ch items when due.aiid if payments on the Nata are,c�atf'ti�::.,` .
<br />- Ixnder.ehal!either refund tLe esce�s over'��siath qf P,h��flted Payments or credit the esc�over c�::i�.h of t�:� _ - -
<br /> - ��, �
<br />- � estf mated PaFnteats to subse�eAt pnyme�;�t;a}Tarrpcver�at the aption of Bonuwer.If the total af the pg��nts mad,n+y,:. � __ _
<br /> = by Bunower 4or item(a). (b�.or Ic3 is i�#"cieat to pay the iteia whea due,then Borrawec shal�pap w Lender a�,y.;' _--
<br /> ' amountx�e�e.ssary to make up tLedeticienc�m or before the daie the itesn l�ecom�s due. . � � o_-
<br />- Aa u5ed in thie Securitp Instrument."Secretary"means the Secretary of Housing and Urban Develog�s�at rn'his or �
<br /> ue
<br />- her designee,Is►any yeur ia w�ich tha Lender must pap a mortgage insurance pre�nium to the Secrexary(c�'�Y peat in
<br /> = wbich such pr;mi.�un wovld have beea reguired if the Lender still�eld the Sec�mty Ifl.,ctrusaent�,each iaonthly payment . .
<br /> = ahall also imc2 �,.qithet:(i� an installr��t of the annual mortgagfl.insuranca premium to��d by Lender w t� �: ,
<br />"� Secretaty,or(ii a monthly cbarge insteaa�f a mortgage inauraace premium if this Security�ument is held by t� :. t
<br />'9 ` Secretacy.Fach monEbly installment of the mortgaga insurauce premium sha111�e in su amount sufficient w acc�ula�:,; _
<br />:� � the full annual mortg�ga insuraace premium�vith Lender one montb prios to the date the fuU anaual mortgage insuramce .r
<br /> premium is duq to the Secretary�or if ttus Security Instrument is held bp she 5ecretary,each maatlily cbarge shall be in ��;,�;.�` �
<br />._� an amoun�,�qua�,to oAe-twelfthaf one half pErcent of the outstandiagpriacipal balance due oa the Note. � �'-:--_-- -
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<br /> " Ii Bcr�wer tenders to Leader the full payment of aU snms secured bq this Securitp Is�strament,Bornower's account' �����__.—
<br /> = sY�1.4 he credited with the balanca remaining for all installments for items(a).�b),s�d(c)and any mortpge inaureace T--_ -
<br />- prpmium installmeat that Lezcdec has not become obligated to pay to the Secretaey,and Lender sha11 promptly refund �'' , T _ _ �.�
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<br />-- aay excess fun�to Bonower.Immediatelp prior to a foreclosure sale of the Property or its acquisition.hy Leader. -_��o
<br />�.� Borrower'E sco��ant eh2]l be credited with aay balauce remaiAing for all iastallments tor items(a).(6),anA(c)• ' �r��_°:� --
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<br />�� . 3..�1PPlication of Payenenis.All payments under paragcapbs 1 and 2 sha11 be applied by Lender as follow� :`:�{x�'�`� -� ,�;-:�"
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<br /> �� First�to the mortgage insuranca premium to be paid by Lender to the Secretary or to the monttily ci:,3rge by tb,a , .��''';.-�a-_£_r-;
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<br /> Secretary ins�.�er3 of the monthly mortgage in.,�utaace premium: . � �.. ':°��,�;��,�-:
<br /> .Second�ta eaq.taxea,spe�ial essessmet►ts.leasehold payments or ground rents,and fc*;,flood eu3 other At�zza.:rl . . ..:.a„
<br /> inc��rauce prerriivma�asrec�a':n-.d; ' ' ' . . . <�. ' .
<br />-'- � 'Third,to interest due�:ader the Note; � _
<br />_� �o�urth,to amortization of the pri�.,.��a104 tAe Nota; ' " . � ' ,
<br />;� i t .to late chur�es due under the Iti�aCs. . •� .
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