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. r ` . .,t.., . �F ....ii� .{� �` .�;. .. . -.. ..Y1ilF.17Y.:�77;:" _... <br /> d� . . �c-. '+�i�—��= <br /> .:�`ra,�,wnw� .y ,:,.,E:Ja:��Y�r_. — <br /> - � '�..MSe•ia:._ .�::• ,�•._� —_----�-r� <br /> - �""�r . <br /> V� � ,:}• .. �...a.� - ... .—_ . <br /> r -- -'-' ,�:.11Yr01�-- -- -:' � 'r_ . <br /> • � " .��., r_�IY.�+t�::•. �'�''- <br /> . ,.c�,.r �5��� y. — �-- � - --,,._.. <br /> . .. �..�+..- _. _ . . __.. _-- -`-` .. <br /> � 92-10��e - - <br /> .:.... . - . ,,�. <br /> �� - - .r. _.. <br /> . �����:. . ��-. � . <br /> _ �rt",'�►�'��x;.'*r." TOUETHBR WITH all tho improvenKntc now or Nereafler erocted on thc Pmpetty. and nll easements. d�l►tr� <br /> . *-��°° •'"�{"�./��`��.�� �ppurtenancer.rcnts,royalties.mineral.ail�xi ga�ri�ht�aid profiw.water d�h�s and xtock and all Fixwrcs now or her�eafter� <br /> S�r.tr.��'�uf;. � <br /> ;r.,,.. �. � part of the pruperty. All rcplwcements and addiUons stwll dco be covered !+y thi�Sxu�ity Inauument. All ot�he fore�oin�b <br /> _f. �...� <br /> ',�'•"�„_:�:.,�...'�t`'. '<` mfemed to in thi�Security Instrument�s the"Property.•• <br /> ,�.. .� <br /> ��``�°'��'�"�""'�`�'r`'} ' � BARROWER COVBNANTS tlwt Bomawer is lawiully seised of tha astate hercby aonveyed and has the dght to grant ud <br /> .:j';'�z �`•'^.rj��:! <br /> . •.� .�• ..• . convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrawer wanant�and will � c��� <br /> ;{�,;.:�; ,,••:�,��. ° defend gcnerally the dtle w the Property n�ainst WI cl�ims w�d demands.aubjact to any encumbtancss of reoord. - -- <br /> . a., -'- _ <br /> �� " . , 1. Pnymant ot Principol. Interest and[.ote Char�e.Borrower sholl pay when duc the principal of'.aM intenat on.the <br /> 4��'4.�:�.. . <br /> - ' debt evidenced by the Note and late chorges due under the Note. <br /> � �,� . 2. Monthly PAyments ot T�ea, lasurance and Other CbaRes. Borrower shall includa in each m4nthly payment, <br />�° . .. together with the principal and interest as set forth in�he Note and any lote charges.an installment of any(a)taxes and speciel ;�,=---- <br />''..� A�-��--•-�%--=:�� ; � a�ments ievied u� to be Icvi�xl agaiu�t the Property, lb) leasehald paynecnta or ground rents on the Property, ard (e) � _-__=z_ _ <br />�.,%,� • ,. � prcmiums for insurance�cquired by paragraph 4. <br />:,� T • . � <br />��� •` ' �� Fach monthly installment for items(a),(b),and(c)shall e�ual one-twelfth of the annual amounta,es t'easonably estimated ""�" <br />� � '� by I.ender,plus An antount sufticicnt to maintain an additional balance of not mare than one-aixlh of the estimated amounta.The <br /> • . , full annual amount tor each item shall be accumulated by L.ender withi� a pedod ending a� monih before an item would H.�. <br /> ': .. • becom�: delinquent. I.ender shall hold the amounts calla�ted in aus� to pay items (a). (b). and (c) befon they bocome y �t�T <br /> � _`- <br /> � .;� .. � .��a� delinquent. -- <br /> �� <br /> • If at any time�he tatal of the payments held by Lender far items (a). lb), ancl (c). tag�ther with the fuwrc monthly '���'-`"';.'"_-- <br /> • " • � payments fbr such items payuble to Lender prior to the due dates of such items.exceeds by more Iha�one-sizth the estimated ��_--° <br /> • ' � amount of payments required to pay such items whea due,and if paytnents on the Nate are current, then l.ender shall either --� = <br /> '`,' t � refund the excess over one-sixth of the estimated payments or eredit the excess aver ane-sialh af the eslimated payments to �L.���•°� <br /> � �:�4�:l��1, subsequent payments by Borrower, at the option of Banawer. If the total of�he paymenta made by Borrower for item(al.(bl. , ' <br /> � •. � �: .,,;,, � :au - <br /> - or (c) is insufficient to pay the item when due, then Horrower shall pay to l.endar any s�muunt t�es9ary to make up the s ° <br /> �:.--..�.� <br /> : deficiency on or before the date the ilem becomes due. -- <br /> �•- • .. .� <br />�_ _ <br /> � As used in this Secu�ity Iostnrment, "Secretary" means Ihe Secretary of Housing nnd Urban Develapment or his or her �;��._._ ` <br /> � designce. In any year in which the Lender must pay a mongage insurance premium to tf�u Secrelary, each monthly paytnent <br /> " � shall also include either:(i)an installment of the annual mortgage insurance premium to be paid by L.ender ta the Secretery. or f, • <br /> , . �.`•�:' 'i a monihl char e instead oF u mort a e insurance premium if this Security Jnstrument is held by the Secretary. Each ,�'�,���;;,�. <br /> U) Y � S� <br /> ' manthly inst�liment uf the mangage insurance premium shall be in nn amaunt sufficient to eccumulate the full annual mongage ML��� '�-,"����' <br /> ' � insurance premium with Lender one month prior to the dete the full annuul rn�rtgeg�insurance premium is due ta the Secretary. � ��''_ <br /> ' or if this Security Instrument is held by the Secretury, each monthly charge shall be in an amount equul to on�•twelRh of �------_-- <br /> ° ' one•half perrent of the outstanding principal balance due on the Note. ��'�����°,�� <br /> � ' "� • _ <br /> If Borrower tenders to Lender the full payment uf s�ll sums secured by this S�.�curiry Instrumant, Borrower's account shaJl �, <br /> • be credited with the balance remaining fix all ins�allrnems for items (a>. (b>, and(c) a�xi any mortgnge insurance premium � <br /> � instullment th�t i.ender has not bernme obligated ta pay to th�Secrctary,w►J L.ender shall promptty refund uny ezcess funds ta <br /> Borrowcr. Irnmediutely prior to n far�rlasure ade of the Property or its acyuisition by Lender, &�ra►wer's account shall be ,-�.- -��� _" <br /> • _ � •• credited with any balun��e remaining for ull installments for items(u1.lb1,wxl(r►. !;�;�`.i�iz�' <br /> '.�,�'S?'- <br /> ir <br /> �-::„_•�.:_� <br /> 3.A IicAtfon of Pti menl.4. All a menls under ara rn ti I und�slwll be a li.�b l.rnder us follows: - •"`-�` -- <br /> PP 7 P Y P' g Ph• Pp Y �� <br /> .-,: <br /> First,to�he moRgagc insurunce premium to bc paid by l.ender to thc Secre�ary or�o the manthly rhargc by rhe Secretary I x <br />' � . instead of the monthly mortgagu insurunce prcmium; <br /> t . , :,''•.,� Secnnd.to uny taxes..�xriul a�+es.ments.leasehold p•ryment�ur ground rent�.und lirc.flcrni u�d other ha�ard insurance ,:._��,,��g- <br /> ' . . ' � • premium�.us required: . . �;� <br /> ,'.1��;• ,o-- <br /> I ' �t'��� �` ,,. Third, to imcrest dur under the Nute: • . '' � <br /> '.� . Fourth.a►a�m�ni�•rtion of thc principal uf the Nutc; � <br />, . <br /> FiQh,to latc chargcs Jue under the Nute. <br /> MC.9020�NE12 v�:o�s •. •+• . , <br /> r <br /> � I <br /> . y <br /> ' � . <br />. _d___ . _ <br /> � . , <br /> 1 <br /> . <br /> f ' <br />