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<br />-_'�``���z�. �, �`�: erty. Atl rep1�+a�addidoas shall also 6e covered by tbis 5eauity tasuument. Ail of the foregaing is' ,±�:�`
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<br /> ' �' �` ``"'� teferced to ia t63s Seturity ImZtnment as the"ihopeity 4..:,;`.
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<br /> � t� i * s�_`� BORROINER COVENA�iTS that�orrowes is IawfultY Se�d of the eslate hereby waveyed and i�as the righi to graat aad -
<br /> N°� -B , coav the PropeAy an�tlrat the Pmperty is uneaarmbered.eaccx�t for e�aneib:anoes o f r e o a r d. B o r r o w e r w a i r a n u a n d w i ll
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<br /> _ - defend Seae�alfY the tit�e to the Pmperty against all claims snd de�naads.sab�ect to suy euaunbranoes of�ord. <:"x°.
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<br /> - � 1.P�ya�.nt of Pdndpa{,InLeregi and Late C6arga Bo:rower shaU pay wtien dae the Principal of.and interest an.dte
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<br /> - ..�.;ti;���#;A�, debt�videat�e�d by the Note aad Iate chaiges dae under t�e Note. ;,<:-<�
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<br /> ~ 1 �y '- t` jKQ]l� �OY T87I(Bs �81I�O1tl� Ctlffi'$�9. BOItDWCf SZYdII IAC�lIdO I!i C8C1! �IO�S► g3�+ _-. t-
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<br /> -- �f�'`� ",� toge�r adth the 'pnnpp3i and intetest aS s�farth ut the Notie and aay late charges..a sum fos(a)taxes aad spe�ial� 4.'r�
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<br /> �.,{�- �. �= c_t tevied or to be tevied again.�t the i§upercy,(b)tea�hoid'paYmeats os grnaIId�uts a�the Pmpeny. aud(c)Pnemdn�s for. . `F-�-
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<br /> . ,,.�,- ins�uance requ�red Wute* P�S*�?�a. In any year in w6ich ibe Leader �st pay a mortgage iusuzance premium w tde
<br /> , � r� � ; : �1+of Houslag and Urban Devetopmeat('S�Y").ar in aay year in wlud►such p�am wunlA have been�reqtnred if . :`
<br /> k rX ,, shall aiso inclwde either: (i)a siun for�the anm�af�murtgage . . .�€'?_:
<br /> :� �-,� t�uder still tieW die Secn�tty Insuum�rt,each moathly payment y�,stead of a,��a�arance priewiwn ef _
<br /> .. r �i� �,i�,, �pie�[IIwD W 6e�lazd hy�:eader to t71e�'eCte�BTi►.m(u7 a moiuhty cl�arge ��-
<br /> _...�._.::�t�.�._,!<�_,=: this Secv�ity'InsCr�¢i�tteW by the S�tarY, in a reasoaabie amount to 6e determined by tbe SeQetary. Facaept faz We ---a
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<br /> -•�;"�;<;�'�:f•., .� ..,,, tnontht the ,these items are caQed"Escmw Itrans artd the s�s aid ta lender are eal2�'Eserow P .�::;
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<br /> , �; r� :� i.�,a��y.at eny time,eoUect and ho2d�amwmdts for Bscraw Items in an sgg�gate aucotmt not to ezoeed tke� -_ - .
<br /> �,.r ` �;� amaunt that taay be required for Sorrower's escrow aaaunt tusder the Real Fstate Seulemeat Pmoedaies ACt flf 19T4.�12 ��-'�;'
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<br /> �=�_;�;�.•;::`°':., U.$.C:Sectian Z601 et seq. aud implemeaang regulat�ons.24 CFR Part 350d.as they may be ameude�t frorin time m ilme -____
<br /> .� , . -'"� .� {"ItE$PA7. �pt that tt�wsbion i�s�senre pemri�ted by RESPA for uaanticipated disbussemcats or disbu:semeata be�ore =_-_-
<br /> �'� ,,k�''�` the Bo:mwer's paYments are available in the aocouut may uat he bas�d or�a�taa�ts dae for th�mortpge insarance premtmn- , i�;.L,::
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<br /> �- :,- , if tbe amounis 6eld by Lemder for Fscrow Items exoeed tHe arnnuats pennitte�W be hetd Dy RESPA.I.ender s$aii�¢eal _
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<br /> , ,r ,,� arItt�the eacess furtds as�equi�6y RESPA. if the amounts of fnads held by I.ender at any time are�uE saffictrait t4�pa3►rhe --
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<br /> -r._r . _� .�-_� Eserow Ites�s wbeu dus.�Lendei may notify the Bormwe.and re�re Bornawer W make up tfte shortage or defictency as
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<br /> .h " � ,- � . The F.scrow Fuads are pied$ed as additim�al securicy for atl saras secured by tbis Secur�ty lnsuuute�u. If$om�wer tendas � _-
<br /> Y;°� i-f ; � ; � : 'w ixnder tke futl pa}�of ail such snms.Bomaaer's account sba116e cmdited witb the batance s�mining fur all instaUment . _
<br /> •`,�,a` �� � icems(a). tb).aad tc)�ad any mortgag�msurauo�Pr�um instaltmenc that L�ender haas�t bocome obllgated co�a9 aa the . _
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<br /> _ • �,t' � Seaetary. and Lender�shail promp�iy�fnnd any excess fuada to Bormwer. 1m�ately Prlot w a foreclosare sate of the . �___
<br /> r�''.,`' .property or its acqnisition try Lender:$omuwe:'s ac�aat shnli be cr�itad with any bataa�remaining for all instaltments.fat, �' �''
<br /> � .t; ' items(a).(b).and(c}• . . � . -
<br /> � : � . . �i hs 1 aad 2 sUall t�e l�ed by Lender'as foltows: . —_
<br /> - . '�.Appticatian sP ft�aymer�ts.AU Paymeats ��P � . . ---
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<br /> _ - a� . Fu�,�to the moitgage insuuance premit�m to be paid by l.eader to the Secc+etary or to the monthty chasge by die Sec�etary
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<br /> �,-Y,s.r,,� : Seaond:to aay taxes,speciat�asse�nents.teas�lsotd paymeinsa�grav�ients:and fire,�RonB and other da�asd insniancc
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<br /> -- ,;:;�,..t FauAh,to amarti�ation of the principal of the Note; , , � _
<br /> �2:,;; ; - , Flfih.�o Iate charges Jue undet the Note. � . . .
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