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<br /> L hy�t dPri�lciptl.Irttrat 1u1d Gta Clwr�e. �arowtt�h•rll pay,w't�en+�tta���, �:" '';� ,�,..;,,-.
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<br /> tise debt evidenced Ey.the Notc and tate charges due wtder the Nntc. >�;` �:.:;';:�s.;';;;;��':•,-,.i�`�::.,•_.:
<br /> Z. Moat6iy Osrmeet�dTaYes�,iewra�a aNd tKArr C Horruv►cr�1!'icr'..�t���'������`.`='':�.
<br /> mguha wish t6e prir�c�pal a�d iexerc�e as�fonh in N�ta�y late ch�c�.�c:,��it�stSditt�tiof�y:ta}taXts;au� -�. ...
<br /> speciat us�ents kvied or to be levied against the R�i�erty,lb)karchuld�Sments ar,gmua�k'+�t�a�t��sc�y:`and .
<br /> .. (c)Piemiums fm iasurance requtted by Puugmph 4. 4 :;�� �.=.=•:�:�;so�ty .°
<br /> Fac;h montitty.inst�llmcnt for.item.r' (a).(b)and[c� shall e ual ore-twetftb,a€:th.�taR1iY��t�iamai�}�;;"..: .
<br /> --- - -- - —e,stimatio�by .I—enc ep(iis ati-�11v�[:suffrc . • I;t�k'�ui"t�tti#4'K�re-fttas=ti�e-'snu�i:ct�::� `:;-- - — -
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<br /> esamated amounts. '[1x folt.annuat amaunt for exh ite�t Shait 6e acce►mulaccd;b3,�Ls�tt�j`�•iihin,a pea�ui��et�;�•�: .• .
<br /> — montL ixfore an itan wnufd becort�e delinnucnG Lcader sfiatt hold thc amnuats c�zt�t+�+.t±d�ie��E�M�4:PaY,„��($��'=:[�?��,`::�';.:..
<br /> _ (c)before ttxy become delinquen� ;-,•: ..�_.:.. ;; -..:. :: ;
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<br /> _ lf�t any ume thE:totat of tM payments held by Lender for items fa)�tbl arx,�[e1y,t4C�heF:with��xi�,�are�iw�i�u1�::... :. •
<br />-� P�l�ts for such iums paya6le co Lender prior ta the due dates of sucf�,ir�s... �3f�.by mare�.onesi�tl�.;tt��,�;: .s': ,
<br />.;,. . estimatod amount of paymrnts reqa'ued to pay sach iteRts whet�due.�if p:iy�tents•�'l�ote aQe c�;tl��,e�ote�..=.��::.•: _
<br /> . shall eitlxr iefwid the excess aver auasixth of the estimated paymentc or.c�i�1[��e over one-suctit of?![e�":'>' :,' ".
<br />-- :-.. PaYmmu to subsequeat paymeats bg Bonower�at the opti�x►of Bortower. If_th.�ictalk�tho paYments mait�e by Hc+n'nr`ves::�,:"'.:: . ,..
<br />. _ � � far item(a).th),or(a)i�insufficient to pay the item when due the�8ortcswes ak�li p�itp I.ender�any amoi�?�cessary E�n�..�. . _. -----
<br /> - _,• � ��°+malceupthede�iciencyoaorbeEcxe�hedatetheitembecom�cdue. ,.,.; �;r;:: ,-:- . ,,:: • -
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<br />,.E.'. • _ As used inthic Securit�Tnsuumen�."Secretary"means t b¢Sc�cretasy�o f Hc c�s i�7{i�L'r b u i O�w e l o p m c c.�m i�a s t�f��r -.". `- . __
<br /> ,.,. _.,designee. In aay year in which the Lender must pay Q mortga�e insurancc pc�c�iurll���.t��-���€$7�'� _----
<br />.:��: .�, : shail also mctude either. (i} an ins[alhnent of the annual martgag� in�ucers�:� ium to be paid bk•�;ender c�.;�ie:-.. .. _
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<br /> � - . `�;�,�. �. Secretary,or(ul a moathly charge in5tead of a mortgage insurs�nce pcextw�u��:i�� is��Security.[nsmimem:�3�e��r'i�'' ' :. .,� �'=--
<br /> : _� Secretaiy. Eachmonthly�statlmentuftlumortgageinsu�rncepremiunirosh;fllt�X,ihanampunt:sufficienttn� ' .acec�'�'ti�':' ` _-
<br /> ��° � fiill a�muaf moztgage insurance p�emium with Lender one month,�cx;t�,�rl{t��ate the fu11 annual ma�gage.��ce �' !
<br /> f.'_ p�eminm is due tu the S�y;or if this Securicy•Instrurnci►1 is hatd ,sGi; '�etary•e�ch manthly charge s��:in a� .� =___-
<br /> amount equal to one-tweifth of one-half of the aut�tandin n�. � : • ' - —
<br /> � g pca �pb��ku�ce duo on tha Note.
<br /> � If Bartowec tatdecs to Lendec the full of all sum+eccue�t�z�c4�iis Sacutity[nsttument,Bosruwe�'s a�� �°
<br /> :�:�� shall 6e credited with the baiance�maining or ap instultmenta far�iu: ,�:CA?.(bl and(a)and any rtiatgage arsr,rtsa'ee ���;_
<br /> r..�• ." � premium inctalia�ent that Lendec has aot become obligated to pay,to tf��r���etasY.und Lender shall promptiy�.'ariY-, ': �,,�r�r,�},�,�,.•_
<br /> - - - • � • excess funds to Aaanwco. Immediately�priar to a fore�tosure sat�a��tt�i��i?►�ercY.nr its acyuisltion by Lender.Botr����s . . �;?tf!.��•
<br /> r��`i''" ` ' . account shall be credited with any 6alancc remaining far alt imtalh�r.at�r.R�ft��items fa).(bl and fe)- .. ���F:,��•,t='
<br /> - _ :<- '�•�.• � 3. Applicatlon otPayments. AA paymenta undar P.uagrap�.r I nrtd���ha11 be applied by I.endcr�s faAows: ', �t�{r'�,`�,��
<br /> �� . �,to the raortgage insurance premium to b e pai d by L e n d ar.t a e k i t 5ecmtary o�:tc+tfie manthl y cbar ge.6 y eT� � ;��,n ��
<br /> � td,�;- � � u�stead of the monthl mart a e iasurartce r<�n�iu��. � � F�';'r f„��f�t <
<br />' �:=:� a.:=�' Seert.'tarY Y S S P T ,
<br /> • ��i '�;�.- .-..�,�. � .;�C ,�p.to any taxe9.Specia!assessments.lea.sehnld paynr.GNy�G;,u�rund rents.and fire:ilcx�d and uther fiaz.arct, ' ,r;"j.F,,,�.__;
<br /> Rr-:`} i�.surance Premiums.asreq uired: ,
<br /> • . .'��,��� • �, T�iIRD Wintetestdueur�derthe+Note: • ,���i'''�
<br /> . - �}t,to amortizatian af the principal of th�Nate: ` � 1 P'�•�'�j ...r,
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<br /> �"�`.�:�� ., ._ ; :, ' �,�to late charges due under the Note. _
<br /> ._x_-,-. . �i r�F t o a d�n d Other Hazard Iasurance. Borrower.sint►fitriiiu:tia}1 im rnvements on the Pr n whethernow . - .����', ';n��
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<br /> , in.eacisieaoe os subscquentlg eraeted.agatnst any hnu+rdw.�:a„uWiriisi�t,�contingencie�.including fice,far which l.ender 3,•�,.;
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<br /> ,--''-�'"''" ._ �.'�; � recTaires insurance, This ir►surnnce shall be maintained�n.ch�am,nurft3 an�f�rr�he periadh that l.ender rcquires. 8orrower 's;.lrj;;,�?;;�.,-
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<br /> _ . ._ . � : shall also insure all impravemenu on the Property.whnthar�nm+r•ini'c.ugtencc at tiubvequenQy erecteQ aguinst loss by ilaods ;� .
<br />� � to the extent required by the Secretary. Al1 insurartoe shali•�w curri.d wiitr c�smpanie�appruved 6y Lcndcr. 'Phe insurance .�s��:��:'-� '�'
<br /> °�i;�, --�` . - • , policies and uny renewals shali be held by Ixnder and��h�►1(+iine[ude lc�rs payable ctauu,w ia fuvor af. and in a farm - ::�;:,,.';,;::;�:;1; - •'
<br /> acceptable to.L.ender. � , ,`��;:. �.: ,;
<br /> ""-' � 1n the event of loss.sarrower shall ive t.ender in�m�dilifa�nosicc Uy mail. Lertder may makc pmaf af la�s if not :�;�';:';,�=.,� :'
<br /> " ��c'.s";''�'•'.r `:F � � �:
<br /> � ' � made promptly by Borrawer. Fach insurance camptu►y conccrc.��1 i.v hcreby authorized und dire�Kcd t��make payment for {', :
<br /> • •����', •=-`• such loss dltectl to Lender.instead of to Borrowcr and ta+t itn dur jnin t ty�. A l l a r a ny pa r t of thc inwr,u�ce pruceeds ma y bo ��,'• •'�'.�: �:`,=
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<br /> '�- , � � � applied b Len at its rion,either(a}to tha reductian�aF�.i�indeb[edne�ti under the Nnte and thi�Security lacuumen� I'�°�"°'=��'•,'.'��°''
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<br /> �'� ^ ,t. � first to y delinquene sunounts applied in sho ordor�in�Plrt3graPln,3.and then ta pr��payment uf principal.ar tb)to the !.':.;.= " .�..�' :;,�•
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<br /> '. r: � � restoiation oi repaif of the damaged property. Any uppli�;piiAn af the pracced�tc+�hc prmc�pal�hall aat cxtend or pastpone ,, �• - �. • � -
<br /> '°�' the due date uf the monihly payments which are�+efetr�d�tu�in�Patagraph 2,ar ch:kngc thc amuunt nf'�urh paymen�g. Any �i`1'',?`��}�:;�:;;,%`�,�
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<br /> " � excess insurance proceed�c over an amaunt requi�st.+:o����allouts�an ding�n debtcdnc.rv undcr the Notc and this 5ecurit y r<<t;,.(:r�:,•;:,;,:;��
<br /> '��'�.; lnstrument shalt be pald to the entity tegally entittud.lhutut��- � , �`� :�, � ,`i,�::.
<br /> '` 1n the evenf of forectosure af this Secutity.int:trmto���or,oth�7 uamfer oi�iilc ta�hc 1'rupcRy that extinguishes the iY;..rr!,,,.,.;;:�:,'�
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<br /> •� ;=��,����..'.. . ; indebtedness.all�ri t,titte and intcrest uf Barrc��,ul�r�mnnd,tainsurancc policics in furrc yh�dl pa++�u�hc purcha.r•cr. •� • :
<br /> �r 3 pc+cupyi cy, Preservatiaa, Maintennrtco:and�iPrbtection ot 1he Pruptrty: Horrower s l.u�x� Applicallon� �� " �%%r �_
<br /> �Y� � � �'�'� l.eaqehotd9.' Fosrawet sh�U orcapy.establi:3i;>andi�ti��ihtt:Prupeny�.ti 8nrraK�cr� pnncipai rc�i�hncc within vixt�days � :: + r.,:..
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<br /> � 'y"°' "'''�`` afteriheexecutianafihis Seeurit ln�[romoN.und�i�Ftt�tiil•antinue cocxcu thc Pr�� n a.Nurruwer� cirni al residence �, '
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<br /> `- ���°<''� '���'� fos at teast one e�ar efier the date of occu �ma�.unldv�iha•Secretary determ�nr�thi.rcquirenient witl caure unJue h;�rdvhi i •....
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<br /> . • , for Borrawcr.ar unless extenuatin� cirti:uttit�anans•ex�rt�which��rc t+cy��nJ N��rtu�ver; cuntrul. tlorrowcr shaU natify � �•. �
<br /> . ��:`,�... ' l.enders of�ny extenuating eircumstancsa:.Bam:a�.er•shall nat rommit �vs«tr ur dc�uuy,dauia�!r uc�ub�tantially change ..
<br /> the Prapeny or allaw the Property to detarinrntoi'fcu.umablo we�r and tcar cxccptcd. I.enAcr m;�y mr�xc�thr 1'rapeny if the !
<br /> . PrapeRy is vacant or abandan�ci or thn,ldm��iy�iq�dofautt� t.end��r ntay take rr.4�anable ac�ion�a protect:md prescrve such � .�,�
<br /> . �;�. ..'` �;:•, vacant or abandoaed Propetty. Bumuwer:rhWbt�lxa ho in dcfaull if Barn�wer.duriug�hr lu:o� :q�pl�catiu�►p(�xe��,gavr .,;. ,
<br /> . �. mater�alt� f�ls�rn inaccurate iaforn�idiunuor,statementw to l..endcr !or f;iitcd u. pn+vid�� I.�ndcr witB uny uiatenal �
<br /> � inforniat�on)in connectian with ih��ton��c��iddnccd by tho Nate.includin�. b�n uut�lirnitcd t�+,rrrraaCnt���iun.cunccmin�! { '`-��
<br /> • '`: �•�,.�'':'. Barrowcr�accupancy c►f th�Prnperty a5��a.pri�cipul restdancc. IP thiv Sccurity In.uumcnt i,on c�tcu�ch��td.Hurtuwcr�hall � ,_
<br /> �'-�'d:.�,: ; comply.witb she pra��sia:�a of tE�a lv�se� If��orrnwer acquires fec tittc t��thc Mrupert)•.�h�•(ruuhul�l,�nd fe.titlG tih;dl nrn ' ,
<br /> , bo margcd untcs.s Lender a�reG>tv thb mprgcr in wmin�. ; .
<br /> , , 6 Chargesta Sorrawer$nd�P�'otu4'tiun af Lender•s Itlghts in fhe Yruperty: t���rcowcl :h;dEp.iy ul)���vrrn�ncnt�d•� k ..
<br /> �' or municipa)clr$Tges.firnes a�d impt�citlun�lhut;�re n��t includcd in P:�ra�;raph 2. Nurn►w�t�h;dF p:�y Ihcu��I+li�!ation�uu,� „
<br /> • time dimctly ta the pntity w•hic�iy�o�r�i thu p.�yment. lf failure tt�pay�c��uld advetsrly .di'ccl Len�ler; inicre�t iu�ho {
<br /> � � Property.upon Lendcry req����BVIfQ{l"I:Y Sh�Ui prnmptty furnish tu t.cndcr rccriptti cvidunciug�lir��p.�yn►cnt.. f
<br /> ��, " ' , If Bonawer Paits ta ma3cr th�e pay,tr�cnty ur thn paymcnts rcyuire�! hy �*.tru�ra�+h 2.ur fait�Iu�xri��riu any ���h.r i
<br /> � _ � ravenants and.agreement�a+ats.hn��n tit�ti 5erurity Instrument.c�r tlicrc i�.�te�!;d�+r�+rcrdin�r.Ih:��iaey+icuiiicautly nl(ect
<br /> ...'.. . '` - Lertdet's dghts in the Prc�ity!'sv�!S'us a ptucreding in hs�nkruptcy. fur cundcmnaliuu i�r tu rnPurce I.���y ur te�:ul:itiun�i, �
<br /> --- . .�.,,: � � thort Lender may dnan4qay wpit�tcirrtsnecestiary ta protcct thc valtw a�t�ho I'rajK•rt�u��d I.�udcr:�nhbu.�u thc 1'rupetty. _ ; .
<br />� ' inoluding payment af igxes,ha�az�,tnsut�nce:utd c+thrr items mcmiancd in�:�t:�gn�ph... f .
<br /> : r,. . Atty tunounts djsbacsed by��,cnder undcr thi�i'aragr�ph sha11 hrc�,mr an s�iclin�+n;d dr1+1 uf 1lurruu�w awl lw ticcurcd I
<br /> by this 5ecerity lnstrmnen�.�'6t?esc:tmaunts shttll t+e:tr intcrc�t f'rum the datc uf di.hwticmcitr.:n Ihe'�tutr r.�fc.and at thr
<br /> • ' ". ��:'.. optionoEl.ender.shnllbeiaun�i�!vlydue�ndpayublc. R
<br /> 7. CunQeronatbrr. Tit��t�wc�ds of:�ny�w:�rd ur ctuim for damagcs.dircct�u wnvcqucnli;�L�n cunnecho��a uh nny, ; i
<br /> • • caademns►t�on or other takin��of-uny p:ui nf the prnpetty.�r fi�r runyey.aice iu pluu of cuiidrmna��un.i�t�•Qcrclsy a,�i}�,��rd ?
<br />-' ''_;_�.-_—,=='_----.-__---- and ttlrtl!1te pald tn lxnder tcf��,e�ttent of the full tunuun{uF thr i�tJrhted��cwv tA:d tc�u;�ia.uupaid uudcr lhc Nutr und thi, ---_ -_
<br /> , � ; 5eCUticy tnstmmem. L.ender shall�gpply sucit prar,eeds to thr trJucdun�iP�hr imlrh(cdric..w�drr�fie tiuic,nid fTiiti ti(•iiiriry- `'� `
<br /> . - . , Insm�ment. fitst tn ar�y delstlqs�ent:amnunt�appueJ m the ur�ier pruviJrd iu f'.�r.�grapb �. und �hc,t t�. prr{r.►�wru� +�f
<br /> • .- „ � . ; prntcipul. Any appUcattiv�•dF>thepruceeds tn thr prinriral tihati nut exccnd ur pu.�p�n�e Ut�dac d.nr i►i�hr momt�lY ;; .
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