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<br />� �s'�95—1(}��41
<br />� "t'OGETFtl�.[:V��;I H all�hc imFOVema6 ncw or hara(tu aa(ed on tlro propcny, ali tattmcu.rzRhtq,upgur�,enanus.
<br />( rrne, ro'raltics, nine�al, o�l mid yas nghis end �rcof�tc. w�e righu end smck aMi all fuueea irow or herea[mr v pazt of ihe
<br />� c.cp_M.� N:repir.cincnts and a4ditia•.ss �Aa11 aLso bc n v�yM by Wis Sawity Ivstlumm�All a(LMc�rngoinq a rUc.rM m in
<br />� O�is Secw tv Inau�uc�en[a�he"ftvpe.y."
<br />( RO�FGIJER COVENA}J7'S{hat Bo�cswa is Ia�Kuily s,.tiud of.the estate h�sebY convey�aM has de right m g(ant and
<br /> icaeve� ihe i'ropetty a�d ihaz h�e Propaty is vnacum6aed,ez�zot for ra�cumbrances af resoN.Hrnowa warrenu and srill
<br />� deteed yu.eaily Ne hUe m:he Pmprr�y agaw2 a➢claim;;and dr�ro:nds,subjax m a�p encwvb�mtts af rernra.
<br />� 3.Pa�merzt nf Rinctpal,Ia4resl and Late Charge. 9qrower shall pay when due the¢irtapil of, end imaest on, Ne
<br /> EGe:wt ev;dencM by�he No2 and G.ic chagr�due wda tl�e IVOm
<br />� 2.D7enthip t?�ymenls of 7'xca,Icsnrantt xvd Ot6er Chargec. Hcrcmwer sh�tl i�ciude in ezcA monfily paymert,
<br />: bEcthc:nnh the pn..<iCaJ and in�e:ese as sU:oxuh in ihe�'o:e:md aiy IaL^chzr8es,m� 'vistallment of anY(a3 la�es a�d special
<br /> k . u:escm:nts.r+icd cr m ba levirxl¢psiest the PmTaty.@)L>iuho3Q paY��a gvund rrns on the Propa[y,and Cc)praniums
<br />� for insur.�ce reauimd hy F�apaPn d. �
<br /> iLach no�tnl>'u4,z➢ma�¢toc iwn.s(nl.@).2nd Cc)shaL'eqwi o;otwdfih oP tlw arnv�:,eaoimis,ar reaw�bly estimaled
<br /> by S�nd�,pWs a�ameur,t m(ficirns W mwn¢in an additional baUCrc°.of oot matte ih�m!rcu�o(the zaimaicd amowa.Thc
<br /> pRP
<br /> j fuil:Nnua1 amoum,fec each i4m shall b acc�mulated by Lm�ur wirhi�a pe�iod end'e.y�c;apntN.hefwe a�im�wauld pecome
<br /> iiclinquc�t Lerder shal7 hotd the amnwt;w�a.[ed ir.aust m�ny irerns fyj,(p),�d(c)hefrne tEey 6ecome delirv;urnL
<br /> IC az enY N^c�hc mtz of ihe paynenis he!,i by I.enda for items(a).(b),end(c).tuguhv with Lhe:_�nve inonihly psymrnts
<br /> fo:s;en items �:.yabie fo Le�der prior io c5c r„ue�ares oi such imms,ezcaua by mrne thvi c�suih�he estimaud anouoe of
<br /> �avments ru;vc:6 !o ga;� auch items whw du::,xnd if paymves on the?��x aze curten4 �:� Lender shall vthv rclund �he
<br />� exccu o e o :-s!.:th of lltc rs�imahd psyrzw_rrs o: credit IAe�xcess over ono-suN ef ihe estimnin7 paymens W suSsequent
<br /> payrt�cnts by Aer.oemq et�he aptlon of Bocroaicr. i(Lhe mul oF�he ps�mc.Is meAc Ly Bonowr ior iicn (a)�, (b), or(c) is
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<br /> 'v+suflicun!a psy�he rtem wnen do<.t�en Bmro�.ver she;:ieY m I.vdrl anY cmount necessay to erake up�he deficienry on or
<br /> be[o�c tY,o dz�c�hc i+�m be.amcs due. .
<br /> \s used in �his Secvnry Ir.strumcrt, 'Secretary" means Ihe Smreury o! Ho!uing and Urban IY_velopment or his or her
<br /> hcsiFr� te sny ye'tr in whi:h 1he Lender must pay a mortgage inswance premium �o Ihe Scretary(or any year in which such
<br />. pmmium mcidd have been requireQ if�ht i.endcr sGll hcld IAe Smuriry GsCVmenQ,ach mm:Itiiy payment shall eko incWAc
<br />- rse::!i)an insta!imevt o£�hc a�nual mortg:,ge insurance p:e:vium ro ba-yad by:zaCer ro the SarGary.or(ii)a momhly charge
<br /> insiezd of a no:t�agc insurnnce premivn if Ihis Sauri.ry Instivnren[is heid bi tl:e Sumtary.Fach mon�hly installment oC�he
<br />� mong:.ye csaan:e premium sh�l be in an amcunt suffieimt m acevmWate iM1e full annual morigase insurance premium wiih
<br /> Lender onc mnnth pam Ic Ihe dare 1he Cull annual mongege insuana pmmium is due w �M1e SmGary, or if�his Securiry
<br /> Inswment is hdd by ine Sx�cwy,each monlAly charge sfia.l%e in en amoun[equai b ono-tivPJ(�of onuhalC paceut of ihc
<br />�. ouCSmn3m{,pnr.cipsi ba:ance dse on�he No�. � � '
<br />� 1,`�o�ower tc^.ders m Isnder�fie full paymrnt of aIl svns sxured by tAa Sec;:r..y Inslmmrnt 8mrower's amunt sha'i bc
<br /> ::eG::cri wi�h�he'�-�^nce remzining tor aIt instailmenls Cor irems(a).(b).er,d(c)and ane rtwngage inswance premium L�slallment
<br /> ;h;t!.•�der haz nat became obiignled b F�ny m Ihe Secrclary,and Lenda shall promptly rcfwd zny excess Ponds m Borrowcr.
<br /> Im;nvli��..'y pior te a.'oralosur2 s21c of the Proputy or its acquisi¢on by I.enda,Hormwei 5 xwunt shall be aedi�wi�h ar.y
<br /> baLuce zert��ining for a0 insWlmens Ox ilpns(s),@),end(e).
<br /> J.AppGatioo ot Pay�eois.All paymcnts u�a pa,giaphs I and 2 shzJl be app4ed by Lendu¢s(ollows:
<br /> I � FirsL w L`�e morcgage inswance premium m be pa�d bv Lendu tq�iLe Secremry er lo Ne monlhly charge by fhe Secretary
<br /> icsicodofihemomhlynongagcinswenrzm�^.nam; �
<br /> � Sxon3.t� avy uxes. .�°sial acvsvnev�s.IeareMW pa)mrnes w 8��c;d rentt.and Cve.27a�d and otAa luard'uumm�ce
<br /> p:emians.za rc4ui:ai:
<br /> "ihirC,to in•sresc duc unda�he Note;
<br /> i E<�unh,to amon'vefien.of�ie p�incip;�oF�he Note;
<br /> Fi(�h,m late chages due vndec Lhe No�.
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<br /> i . +�Q"<RiNE7isxnt �.v.�are inin.x:
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