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<br /> 9.i�ny�r�nt af�rinctp�l�In4eraat and L.efe�h�r�e. Bonoveer shall pay whon dus tho princlpat of,and Intarest on, �
<br /> tho dobt ovidonr.od by tha Noto and lat�r,Nnr�no c1►eo undor the P�oto. �-
<br /> 2.Munthly paymenta o1��'liXQB�(Y{aUl'ip11E6,llilt�fStIiOP CCD(Gi��uB. �OTPO.IQP El�all ICfCIIlC,�(f Itl tlAC�'''!1Q11iilly C__
<br /> paymerd,tngather vrith 4iie ryrinr.lpa1 arxl interest ae set forth In tho Noio�nti eny la4e Ghargc�s,a eum for(e�4exes anti ���.
<br /> epeclal esaessmonta loviod or to be Iaviacl agalnst the Prop�tty,(b)�easehold paymente or p`ound rante on the v
<br /> Proporty,and(a)pr�mlumo tor Insurar�ce required undor Pareprctph�.In any year In which tho l.,endor muat pay a
<br /> mort�afle Ineurnnce pramlum to the 9ecretury at Houaing and Urt�an�ovofopmen4("Secretary�'), or!n any ysnr In which
<br /> such prsmlum wouid have beon requlred M Lendor stRl held the Security inairumeni,each mnnthlypaymont eh��f afso
<br /> Inr�ud�e!th�r:p)a�um far th�e�nn�!p!rnnrt�+epe IneurencA ramlum to be pskl by Lencier to q�e 8earetary,or(if)�
<br /> mc�Mhty cherfle Ins�e�d o�a mo�Qafle Insurance pramlum�thfs Security i�etrument le held by the Searetary,!n a
<br /> r�sa�abie amuunt to he date►miraed by th9°�rstary. Except tor the montMy ctx�rqe by the 8ecrttary,theso keme
<br /> nre cellad"Eecrow Itsm�"snd the euma Id to L�der ara cABed"�scraw Funde"
<br /> LendK rneiy,at my►time,cdloct a�hotd amounte 9a�ecrow ltems In an e�preflete emour�not to exceed the
<br /> meuchnum amo�M thut nu�y be required icx Bnrrowur'e escrnw eaecount under tt�a Real Esta4e 6ettlemeM Prneedures
<br /> !►ct of 197�,12 U.S.C.�2601 ot atq.and ImplemeMinp repeAatlona,24 CFH PArt 3b00,es they rr�y b��mended ftorn
<br /> tli�ia to 1(rn�('R��PA"),except 4lmt tha cushlon or rMerve permkted by HF,SPA tor�+neniicipatesf dlsbursnmema or „
<br /> diatxneemence befa'e tP�e Bonawer'e pe�ym�ntA are aveMeble In the ncc�um may noi be bnsad on emnunte due tor the
<br /> matgags inaurence{xc�m{um.
<br /> N ttvB amrxims trold by l.en�ier tor Eecrow Itsms ascaoed thn amcx�Ms pnrml3ted to be h�t1 by RE y�A,Lander eh�il
<br /> de,ea w?�M tMo excess funda�e requlrcid by FiESPA. It tt�amauTrts a?fu�xls hskl by Lendot at any tima aro i�ot saffir.fen4
<br /> top�y tfm Esc�a+v ttrrm:9 when due,Londer may n�Hy the B�•rrmvar and requlre Bor�ower to make up tha shortage or
<br /> deflclen�ay so parmkted by RESPA
<br /> T6�e Escrow Funds�re pted�ed as add�tto�ial s�scurity Eor a1�sums sECUred by thls Security Instrument. If F3orrower
<br /> tende�s to Lender the ful! Yrt►s�tt c�e31 s�rch sums,BoRd�vsra accounY ahall ije cPectit�v�i�th tP�e bafan�a remalnln� �
<br /> forN1 fr�stellment Item�(a�(b),snd(c)and eny mwtga90 fr►5trranca premlum Instal�merrtthat I.ender has not bscome
<br /> 6bl(gated to pey to the Secr9tary,arul Lsnd�r shati promp�ty rofund any excess funds to B�nower. Immedlately p�l�ta
<br /> e foredosure�sale of the Rroperty or its acqUlsftlon by Lender,Bcxrawer's ac:ouM sF�a11 be crodKod wnh Rny balance
<br /> rematning tor eN inste�finents tor Rems(a),(b),a►xl(c).
<br /> 3.Ilpplk�tkon o?IP�Ym�Ms. All paymen2s under Paraflraphs 1 and 2 shall ba appiled by Lender es idlows:
<br /> �g�y to the rtxxtgyage Insurance premium to be pald by Lend�r to tt�e Secretary or to the marRhty charyo by tha
<br /> 3fx:retauy Instead of the monthly mortga�e fnsurence premium;
<br /> , �' ,�,ta any taxes,speclal assessments,leasehWti paymente�r graund rents,[�rni flre,flood and other hazard
<br /> lnsu►arxx�premiuma,as required;
<br /> THIRD,to lrrterest due u�nd�the Note;
<br /> �,to AmortizaUon of th9 p►inclpai e+7 Ehe Note;
<br /> u�,i:,�.a t�x::'�slt�us�rr*he�!�ig. whe3hsr
<br /> •,Fir��Flood�nd Oth�r Nwrd In�tx�nct. Bwrower sha{I Insura atl improvam�riis an the Property�,
<br /> now in e�datence or subeequendy erected,sgalnst�ny hazarda,casuaities,end co�iingsnalea,Inducilnp tire,foe vsfiich
<br /> Lend9r�equtra9 h�.susar�re.Thls insurance sh�il be rnalntained In the amous�ts er►tl far tha perla�s that Lender raquhes.
<br /> Bortawer shall��r i�s,ure all Impraverno��on the Propatxy�wheiher nsr���n existence or subset�t�er�ly e�ted, .
<br /> agairest loas by f1�Dads rA the extent requlreci by the Secretary+.A►i Irr3utmnc�IIhall be carried wkh�c��panies apprwed
<br /> b�l Le��r.The Insurance pc�l�Cies and any rengwats shall�is hetd by l.�r�der and shail indude los�payable datls8s(n
<br /> faMar pQ,e�wd i�a form accept�tble to,Lender.
<br /> {m the e�veru of loss,Borrower st�11 gNe Lender Immedtate nd�ce by nnaN.l.ender may�nake proaf of ioss 6Y uaoE.
<br /> mede prompNy 4rj�a+lrowe�.�ach Insura�ce�ompany concerrted la hereby authotized end dkc�Ctedt to mak��paymeM
<br /> par suoh loss dir�ily 4o Lander,Insteac!d ta�arrawer and to Lender otmiy.All nr any peK dthe insur�nce{xoceeds
<br /> may be e�ppl{ed by Upnder,et Its aptbr..e�er(a}to the red�cctlon af t�e IndeStednesa undertl�NpY�and thta SeGUrity
<br /> Ir�etrumee�t,Nrst to any delinquer�t smcwr►ta applied in the order in Parag�aph 3,e.nd then to prep�ynneM of princlpai,or
<br /> (b)to ttw restorat{on or repAtr tif the damaged property.Any app1lcatlon of the proceoo1s 4i�ihe}arinclpal shr�N aaut
<br /> axte�d o►postpone the due dain oP the monthly payments which are reterrod to In F��r�agtaph 2,or change the�rotoum
<br /> d�uch p�ymerrta.My excess insurar+cepr+oceads o+rsr an amou�t req►rired to pay�II outstgnd�np Indubtedneas under
<br /> the Not9 xncl tt�Security In+�rument shail bo�xtki to the entky lepel4y em�led thereto.
<br /> In the evant of fae�iosure ol�thfa Securfty�nsirument or ahertranst�t d tltle to the Property 4ha�'l9cthtpulshee the
<br /> . Irxl�btsdrtess,a!i�pF�.tltlo end M�te�eat of Borrower tn and to ine�xnr�;a pdk9es M force eitieN paea tc�4he t��e�'.
<br /> !�,pccc��ncY�pn�rvrtion�IIA�i11tN�anCe and Prriiiw'iloi�04 th�Prop�rty�BqTOwnl'�L.�n I�riiar�;
<br /> L.�sN�ofdi. Borrower et�ell ac:cupy�establtsh�and us�tha Prc�perr�na�cKrower's prtnci�i reuide�►aa withir��l�dy days
<br /> altor the e�cacutton d thla Sacurity Instrument and aheU coMinue to oa.wpy the P►operty as&xrowa�"e prinClpN
<br /> reeld+erxx�tor a`t lesat one ymer after the date o�occupancy�udeea the Secre�ary de4ermine�t�ls reqt�ih0ment wii cauee
<br /> undue hardshlp fot Borro��+rcr,ar uMc�extenuating ctrcumstances�axtst whlch are t�eya�d Harr�wer's car�trol.Bormwer _
<br /> shNl no2Ky Lenders of any 0X�8f1t1AtItiQ CifCUt118WI1CG1.eaxower shall not commk was►e or destroy,da►reag�e or
<br /> subetaMieliy chanye the Property or ailow the Property to d�tQAwate,reasonable wear and tear excepted.Lender may
<br /> (napect the Froperty if the Properry Is vacant cx abandoned or t��e lo�n Is In detauit.L,e�tder may take reasanable actbn
<br /> to prd�ct arxl Fxeseive such vacant or abancioned Property.BorroK�er aha.'�also bo In defauft li[lorrower,du�inQ the
<br /> Ioen e�pNcatbn proc�sa,gave matertaftiyia►sg or�ruaccurate�ntormat�on or statemeMe to�endar 4or taMed to�nrovkie
<br /> Lenda wlth any mateHal Informatlon)in connection wt!h the loan evfdenced by the Note,Induding,but�at ifmRed to,
<br /> re�x•esentatbns concemtn�B�o�row+ar's oCCUpancy of tha Fropetty as a txincipal rosklence.If this 3ecurity Instrument la
<br /> c�a tee�eV�otd.8orrower st�a►1��crmpty wlth the pro�vFstons at the laasa.U�nrrower acqufr��fee tkio to the Pro�arry,the
<br /> � laasehold and fee titf�shall not be mer�ed anlea9 l.ende�agrees to tha rnar�tn wrking.
<br /> e.Clw�w to�onow�sod Fr�it�Ws�04 Lender'�afpht�In the Pro�wty. Borro�h�ar shnll pAy atl govommc►mel -
<br /> � or mt�n�Ip�I cha:p�.flr�s and kr�wsltlons that aro nat Inac;iuded(n Pareytap�2.Bor�owsr ehnit btny these obilgations
<br /> on tlme dincdy to ttt�eittity w?�h Es owed thepeymeM.if faNure t�paY would sdvet�ely e[tfect I.ond er's Interest In the
<br /> Praperty,upon Lender's requast Borrower sha!I prompdy fuml�h tn Lender receipts ervfdencfng theae payments.
<br /> If Borra�wer f�Na tn make these paymenta or the payn►ente requked by Paregrapl�2,or taNs to pedKn�eny other
<br /> covetants and aprsementa ca'itehied in thfs Secu�fty InstrumeM,ot there Is a lepat prc�cegdln�y that may el�nMicarrHy
<br /> ��-_i_�_��.�...��.. L..��d..�.�.�L.w.0�w a.J�ws su�s n�
<br /> d�((�t L���'4�[e�11�19 r�y�aUC(1 Ha E NYV4TJ0lillt�111 Y[IIItNY�Vlfl IV�Vv�NV�tnwe��v�tv.w v.nv.rv.�..�.n �
<br /> repulat(ona).then Land�r cnay do and p�y whatever la necessary to protect the value af the Properry end Le:�der's
<br /> eighis In the Propetty,indudln�payment of taxes,hazard Insuranco and other ftem�montioned In P�mpraph 2.
<br /> Ar�y emaurna disburged by Lender under thls Parag��shall becarna en addftbnal debCaf Bore�ower an�i be
<br /> �.�r�:i by thw S�cu�ty I��run��z.Tiic�a a�ou�.s shal t�s tntc��t t+�am the de!s of d4��x�.rsemer�t,at the Note rgte, -
<br /> e�x3 at ttieoption d Lender,shali be immedl�tely due andpayable.
<br />= 7.Corxll�rr�t�t�wt. Tf�e proceeds d any award or dalm inr dam�gns,direct or conaequerY�lal,t�connectlon wkh
<br /> � eny candemnatkm or other tak(ng of eny pert of t�e Prapeity,ar f�r corneyanco In n�a�e of condemnatlon,are 6�ereby
<br /> essigned and shall b�pa{d to Lender to the�x2ent of t�e full smount of tha Indebtadnoss that remains unpeid urxiar the _
<br /> Not�and thla 5gcurity Instrumes�t.Lerxier ahali apply such proceeds to the reductian of the Ir�ebtadne�s ur�der tho
<br /> Nae and this Security InstrumeM,flrst to ae�y dellriquent amounto e{�plled In tho order provided In Perasraph 3,and
<br /> then to prepayment af principal.Any�pplicatlon o9 the p�nceeda to tho principal shall not extend or postpone the due
<br />- f W1 NfiBMSCfA DL•ED OE TRIiST 6��
<br /> t ISCJFMDTNE//0691/(S85)•L PA(3E 2 OF 4
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