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<br /> . TOGE�HFR WI"(H all Ne im➢mvemrnu�ww or hereaftc axfed oo fic PoR'+�Y.mM ail owomts.righiv.�P�^R's.
<br /> �cnls, �ovalua. mia�al,oii and gas righ�t and pmfiU, we'u rights and srock anA all fixnun now m herv(tv a paR of thc
<br /> preperty.Ail rtpla.cmcna and addiGOns stWl aLw be coviced by Nu Seciuity IDsrovmrnt All o(Ws[ocegoing is refined b in
<br /> WsSauityinswmrntssihe�•Pmprity.•• � . . .
<br /> HOAAOIVGR COVENAN:S tlu[Bonowa is law(ulty xised of thc uule Aefeby cor:veyed atM M1as�he right m gant ea•t =
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<br /> convcy the�pem a�M NW t�e Pro�erty u v.iencum6erv7,exmpt for er.cumbxancec of record. Bmrow�wertanw end wW _
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<br /> d;ICnC 6"-r�e+�'ily rAe title m tte Yrapn!y agn'vui NI claims and d�nar.ds.subja[b anY mcivnMa�cev of recmd.
<br /> l.l'a.+nmt cf Prir,ipet,lcteresl avd Lete^ha:ge. Bom:wer shell pay when duc�M1e principal o(, az�d inuam oq Lx .
<br /> EcL:evidrnceAbyt}:eNemandla¢chagadueundrlhei:ote. � -
<br /> 2.\1enL:l�'Yaymenb of T�s,inmrnoce and Ofher Chnrgec Borrowa sM1ail include in pch rtron�hly �payment -
<br /> L�gethu a�iLh Ne princi�l and intast az s°f Conh in tlie Note and any late eM1a3a,¢n insplLncnt oi any(a)imea and.pxial
<br /> az:zs�nu�te levicd ur ro Se Ievicd againvt(he Property.@i�oW paymwu ce gound 2n6 ov tEe P+vpr+ty.end Cc)pruniums
<br /> fau�sw—„nccrmuimlby;:�graph4. � � �
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<br /> Each moaNiy msWh�en[for iwms (a},@),and(c)sLall equal one-tweff�h of the annuai emow¢,as rtasonably alimaied =
<br /> by LenCx,C.cs an amoum su�cient m mainuin an addifional balance of not more thsn ono-sit�of the atimaretl rmoun5.7tic _
<br /> fuil nr.nuai;mmnt[m cxh iwn shall�axwnWazM bY�tla wiNin e perio�i mding one month brtrne an item would become
<br /> C:lin9ucrz Isnda:hall MId tite amCwtl m11e.Ye8 in aua In pay'vavs(fl).@}.mM(c)betme tliey baumC deLnqiirnL
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<br /> ?f az:✓�y cmc the lotil of R�e paymc�G held by I.aMcr:or it¢rs(a),@),antl(c),tognha vri�h R�e fuuve monihly�aymen¢ _
<br /> for such imms oayaSlc ro Lender priot In Ihe due datu of such items,exceCx by moro IAmi on�sixih the estimated anoum e( -
<br /> paymens rrquir� m oay cuch i�ems whw dce,vW if paymntv on the No¢z�t curten4 J!� �da shsll d4ha re(unG�he
<br /> ' ex�ess ov:.r one�sutF of iAe utimaled paymrnm or credit Oie ucess ova onFSix(h o!Lhe awna'ed paymmts w subuyvent
<br /> peymenes by Boirowcr, a[ihe option of 8ormwcr. if Ihe mal o[Ihe paymenet made by Boxmwer Cm imn (a), (b),m (c) is
<br /> insufficien:w pay ihe item when due,Itu�BoROwu sfiall pay vi Ir.ndu any aniount nmessary b make up Ne deficicncy on or
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<br />� t�[ure�hedate!iieiUSnbecomcsdue.
<br /> As u::esl in ihis Secvnty Inswne�rt, "Secre.'ary" means the Seae!ary of E{ousing and Urban Development or h�s ot hcr =
<br /> �,� desiSn:e.In my ycm in whicb�hc Lender m�s["vay e mortgage insurance prcmium ro the Sxretazy(or ar.y ycaz in which such -
<br /> pxmiu- wocid have fieen required i(�e!r_nuu stiu uelA Ne Ssunty lnswr.�ent), rach monfiiy payment shal:,Iw includc
<br /> ei�cr:(i)vi uu4Nimrn[of the armusl mortga�e v!smance prt�nium ro M ptid by I.endrr m thc Sxalary,or(ii)a manfily charge
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<br /> i s:�zd e(a mor4,a�c irs�4zr.ce premium i(�his Scurity Inseument ta held by the Sarc:aty.Fach monNly ir.sla;imen[a(�he
<br /> mo;¢age v-surane.;oremium shall be in:,n amwnt sutLCienl b accumul2z Ne PoII annwl mottgage inswMte prmiium witl:
<br /> !cndcr onx mon�h pnar m thc dz�s Ihc PoII annual mortgage insumncc �rcemium is duc !o Ne Smc�ary, or if�his Saucry
<br /> rce
<br /> Inxwment is }cld by Ne Secmury,each monthly chargc shali be in an amount equel m ono-twel(th ot orwM1al(prrcent of�he
<br /> uu�suntli,ig prin:ipai ha7ance due on the Nom. �
<br /> tF Bortower�enders m I.ender tLe full payment o(all sums secwed by this Saurity Inswmen!,Betrowu s a�-ro �.. ..^.be
<br /> a^�litcd mi;n Ne ba).'v!ce!emtining fo:sli inslalLmenis for ilems(a),@),a�+d!c)ar.d any mongage insimu¢c p2m um vc`::;eot
<br />�' �hat Irndcr has ra:M-omc ob'u atM m a b�he Smc'
<br /> B P Y �Y.a^d Lender sheli pmmp�Y nf�nd enY^scese twds m Bortowa.
<br /> ImmeAia;ely prior ic a fon.:losure sale af Q:e Property or ita rcGuisi6on by 1<nder,Bortowtr'a�r��^!shali be acdited wilh any
<br /> belance rc-.n2ining for ell insullmrn5(or iNm;{a),@),and(c). .
<br /> 3.ApVlication af Paomentc.All paymenit under O�S�hs 1 and 2 sFall be apFGed bY unda as iollows: _
<br /> Fi�sL�o �he mortgaqe inswance premium in be ptid by Lendu In ihe Smeury or m che monthly charge by�he Sa�ctary
<br /> u��,tud o:Uic monthly mo+tgayc insursncc premium;
<br /> Seconp, m :viy races, �psiai azsesmms, Iezuhcld paymwts er growtl rcnu,and fve,Coed and o�ter hvard insue.nee
<br /> premiums,et mquirW;
<br /> . Tfi=d,m inlerest tlue w;da�he No�; �
<br /> Fnunh,w amorti aGOn of�he pricipal of ihe Noce: �
<br /> Pil�h,�n Imc chergcs due uvd�Ne�ote. .
<br /> �ly, .EPIkE) Icn¢I P.v.ze�c min.i.:. .
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