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<br /> =��'z-'����+��- ' TOaETHER WITH ull tho impmvcmentn now on c�rcafter crected �►n Ihc propeny, And ull eu�ementv, rlght�, �..s=.-..----
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<br /> -- ��-����• pppurtetwnces.rcnts,rayaltiex,minerAl,OII Alll�etlf f18I11H Al1II(1fO�I5,wutcr rfguts und nt�►ck anJ aU fixture�onw ur hercafter o ���=�-=•°-
<br /> •_.;��:��=�:�x;z,;�';�''.} pwt of tha property. AU rcplacemcnts and addiUona Khall alca be covered by this Security In�troment. Ail uf the fnre�oin�i�
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<br /> �n��' referned to in this�Socurity lnstrument�the"PropeAy."
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<br /> 'a""�` """"'"'""'''* 80RR0«'ER COV�+NAN'1'S that B�rrnwrr ia lnwfolly vt�ised nf thr r.1a�e hrrrhy r�nveycd und hxy thr ri�!hl���gran�nntl ��- __ --__
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<br /> � '� ' ��#'� canvey the Propeny and tha� Ihe Property is unencumbered, eacept for encumbrancex�►f record. &irrowNr warrants and will _
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<br /> . . - -- ` - Qetend genernlly the title to the Propeety against all claims and demwnds.subject�o any encuo�Mran��eti uf rec�xJ. E -
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<br /> � ;,;• � • 1.PAyment of Principal, Interest And Late Charge.&irrowcr ghall pny when dur thr principul of.und interest on,the -.-�-
<br /> •-;�:r•`�::' � deM evidenced by the Nae and late charges due under the Nate. �"`�''��"'-=
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<br />�:"': < 2. Monthly Payments of Taxes, Insurance and Other Charseg. Barrower shull inrlude in cuch monthly payment, ':;,;,`4t�.;;,:�.�""'"
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<br /> . ...� ,�� .�� � together with the principal and inte�est as set forth in the Note and any lute charges, un in�tullmem uf uny (ul tuxes anJ special °� �
<br /> . � assessmems IevieJ or to be levied a uinrt ihe n , (b) leasehold ment� ar ground rems pn the Property. and lc) �r•�-�'---'
<br /> � B P� Y Pa3'
<br /> ,��; . ��� � ' � , premiums Por insurance required by paragraph 4. {�;»_;�-��
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<br /> ' Each manthly installment for items(n),(b),and(cl shull equ�l one-twelf'th of the annu�l aauwnts.ati reasonably eslimated ° ,,�,;�--
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<br /> ;;•� '^;�;�•',;,,;e;` �' � by l.ender,plus an amount sufficient to mainlain an additional balance af not mare thun ane-six�h at the e�timated umaunts.The =g ,�,_--_.
<br /> �`4 ""`�'<f3 i'ull annual amount for each item shall be accumulated by L.ender within a periad ending one month hefore un item would �s �,,��*+-�
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<br /> .��;��,�'•�,. :�� � become delinquent. Lender shall hold the amounls collected in trust �o pay items (a). (b), and Ic) before they become ':;.::ti-�;r�.':,
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<br />���;.�., � _• "� • •t:;'���. • If at any time the total of the paymems held by Lender far items(u), (b), und (c), together with the future monthiy ., ,,;
<br /> �'�',�.;•����•�, ����`'�'`��' payments far such items payuble to I...ender prior to the due dAtes af such items,exceeds by more than one-sixth�he es�imuted ���y�`�`-
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<br /> i:•• • �,,.i;,.;;•�;,.:-,<'•r,', •r;;:. amauru of payments required ta pay such items when due, and if puyments on the No1e Are current. then Lender shull either �;;r-,;{•;,•+;,�r�.
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<br /> .. �,n�;!''•.., i�, ,.•i,�,_,; refbnd the excess over ane-six�h af the estimated payments dr eredit the excess over one-�ixth of the csUmated payments to _�..��__�:=---
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<br /> ,,��,, subsequent paymen�s by Borrower,at the aption of BoROwer. If the totul of the payments made by BoRawer fnr i[em(a).(b), �r�
<br /> ' 'r�� � � '�'"'�' or (c) is insufficient to pay the llem when due. Ihen Borrnwer shall pay to I�ender any amount neceswvy to make up the
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<br /> � � ';..;:`:', deficiency on ar before the date thc item becomes due. - ---
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<br /> • • " As used in thiF Security Inntrument, "Secretary" meuns the Secretary af Houning and Urban Uevelopment or htri or her -� ---
<br /> ` ^ ' ' designee. In uny yeu� in which the l.ender mu�t pay u mortguge insurance premium to the 5ecretury,each mond�ty puyment ������-;,,�
<br /> ' . , shull also include cither:(i)un in�tallment uf the annual mongugc insuruncc premium to Ix puiJ by L.enJer lu the Secretury,or - ' �� '
<br /> . � � ° (ii) o monthly chargc in��cud uf o m�mguge insuranre premiwn if thi�Sccurity Intitrununt i. hcld hy �hc Secrctary. Euch
<br /> � �mmthly inxlallmem uf the monguge inxurunce pr�mium shull Ix in un unwunt�ul'ticient to uccumulute the full unnuul mnrtguge __ ---
<br /> .. " � insurance premium with L.enJer one mnnth�xiur to ihe du�c�h�full unnual mongugc insurunre premium iti Jur ta�hc S��rrwry, `'"���
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<br /> , . � �►r if thi+ S��cudty Inurument i� held by the Scrrcwry. c;nh numthly clwrge shull he in un umoum cyuul tu unc-�well'th uf ��� ,,_�.... '
<br /> � , ane-hulf percenl nf the�wtstunding principul bulunce duc on thc Notc. �"�'"'�
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