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<br /> — � _ '_` � ��O �V���V .i:C _"— "_
<br /> -- --- - .._ _ The Fund+ ,halt br held in an inuitutiun wh+�x: depo.�ts are tn+ured h}� a federal as:en�•}, in.trumentalitq, ur rntin _ __
<br /> �. �incluJm�lxndrr.if Lrndrr i..u:h aii imtiwtioni ur m an} Faicral Hume I.oan Bank. L.ender.hali a�ph tt►e Fund�t��pay the .
<br /> ' � E,rru�� ltem,. Lander m:,� not rhargc Banu��er t��r holJin�:tnd.►pph ing the Fund..;umuall}anahiTng the c�+ennc a�tiuunt.ur -
<br /> �enf�en�thr E.rru�+ Itenr.unlr++L�ndcr pa�+K��rrut��r inteR�t i�n thc Fund+:uiJ applecabie law permit+Lrndrr ta mahr�arh
<br /> � � a chargr. Haar�.r. Lendcr ma� r�•yuirc Burruwrr tu p�y :��mt-time�hargr tur an mdcpendent r�l��tate tac reponing+cn�r� ,
<br /> u,cd b� I.rnJrr in ��mncYti�,n �tinh thi� lu.in. unl�.. rpplicabic lau p;•u�id�w uthen�i.e. l:nles. :ui :�gr�timcnt i. maJr ur
<br /> . � spPli�.ihl�laa n�ywrcti�nt�rc�t tu hc prad. LrnJrr,hall nut t+r reyuir�Yl tu pa� Bi�rrourr am intem,t ur r:uning.<m thr Fmuf�.
<br /> Burruuer and(.enJrr ma� a_ree in+�riimL. hu«c��r. [h:st inter��.t .h:Jl he paid on thr FunJ,. Lendcr,hall gi.•c ta Burruwrr.
<br /> � aithoat rhargr. an.u►��u:il,zi��,utit�iia,.tii ttn E'u;t�l,. �h��King �ra3it� anJ dch�t, tu thr FunJ.snd thc purp�xe tiir which utch --
<br /> • � dehit u�the Faeui.ua+made_Thc FunJ.an pl�tl�:cx1„additiunal>c�►unt} fc►r�11 wm.,ctiurtJ h�thi.Sc�iurit} ln�trumrnt.
<br /> " � � ; !f the FanJ.he1J b} l.rndrr�t�Y2tii the amuunt.pertnittaf t��br[kld b�appl��ahte la». Ixnder,t►:ill aca�uni tn&,rr.n�rr � '
<br /> �, . ' `• ti�r thr cxc�w+Fund.in a.curd:a�r��cith tfie rcyuirement,of applir3bic la���If thc amuum��f ih�FunS,hcl.l h� Lender at:+m �
<br /> 3 tmie��nut �ufficient t��pa� thr E.rru»Itrm.when due. Lender may �u n��tefi Burn�«�r in«nun�.and.ire.u.•h cs+�Burruti�rr
<br /> �� _�--- , _ ' .hsll pa� tu LtnJer[he;im�wnt ne«�� tu ntake up ihe d�tirienc}. Burru��er,hall n�l.� up thc drticun.� m n„mure th:►n --
<br /> '�r• - � ' n��rlce monthly pay ment..at L.rndc�r,.�tic Ji.rcrctiun. - -
<br /> •?''. ,' ' i l;�m payment in lull of a11 .um� .c�vr�ti b} thi+ 5erurit� In.irumcnt, tanSrr tihall prum�tl� r�turxi to Burmurr am �
<br /> . i FunJ�helJ h� Lender. If.undrr psragrsph'_I. lAnd�r�hall acywrc ur ull the Proprm_ LenJrr, pri�u tu thr acyu�.ui�m ur.alr
<br />,;, � ��F the Prupert�.,hall .ipply:u» Fund+h�lJ hy [xndrr at the um�uY aryw,ttion��r.alr�>a�r�dit a_•:+�n.1 thr,um..ecur��.i h� .
<br /> -t�• �� � 4 ihi+S�cvnty Imtvumem.
<br />-�: � -" - -� .
<br /> ��� i.Appliration of Pa�ment�. L'nle..applic3ble lau pruvidr,�ithrntii�e,all pa�mtnt.ntit�<<J h} L�n.irr under paragraph.
<br /> i_, , � I anJ ' .hall b�:�pph��J: lir,t. tu an�•prrpa�mrnt charg�.dur undrr thr riute: .ecunJ. tu am�,unt.pa�ahir und�r para_ranh L , .
<br /> thirJ,t.�inter4yt du�:t:�urth.t.:pri�n-ipa(Juc:and ta,t.ta sn} tate ch:uLz+due undrr ihr Nutr. ,.
<br /> `` .`!,� �.Charg�: Ltens.Bornncer,hall pa}�all ta+ce+.ac.e.5n�ent�. charges.fines:uid imp�»itium attnbutable tu the Propeny ,G . • ,.
<br /> ;:' �vhich ma}• att:�in priuritq ucer this Se�vnty lastrumcst. and Ira�ehold payment, vr�ounJ rrnt.. it am. Burnmer�hall pay .
<br /> a
<br />_;3� ' �r ; the.c abiig3tion�in the manner prm�ided in paiagraph 3.or if nut paiJ in tint manner.Barrow�r,hall pay thrn�un time d►re��tly .
<br />_�°< - to the pen��n u+ceJ pa�ment. Bi�rco�ver�h,ill promptly fumitih tn Len+��:ill notice�uf am��unt�to br paid under thi+par.is_raph. , :`
<br /> "£� � • `'� y If B��rrnwer make.thr�e payment,dire�-�1.. ►.� -owrr�i •0 prom�+l} `'umi,h•�Lxndrr r�Yeiptti e�•idencing thr p�.+yi�xnt,. :� r. �
<br /> �. '` "j``��� Borruw�er,hall prompih•diuharge an}� l�en�vhich h:i.priorn� u��r thi...:cunn G►,trument unle.�.Borr�mer. �a►agr�e+m ; _
<br />� 5�?. ' . . . • .
<br /> '_�.� • � w�nting tn the payment of the ubligation>c�.vred by the lien m a manner acceptaMr en Le�nder:ib)a�ntc-�t>in zU�HI IJtIII llll'lirn i�;-:-: ��.'
<br />,;s . ` `' hy. ur Jefend+ against enti.rctment uf the lirn in. Ir_=a1 pri�ceeJings Hhich in the l.ender'+ ��piniun uperat� �a prr�rnt the ,,'[::�. . :
<br /> �;::,.f, enforcement of the lien:�tt Ic)x�ur�t fronz itte hi�ldcr��f th�lien:u� agrcxmrnt+:tti.fa�KOn•to LrnJer,ub��rdinating thr li�n tu `
<br /> thi,Scrurit� Imtrument. If Lender deterrru�c�that anc pan ul thr Propen}� i++uhject to�lien «hirh may attain priurit� wer `":' , __'� '`'�
<br /> �•� [hi,Scrurity Imtrument,Lcn1�r mav gi�•c G•�r.ou•rr a nuarr identifying thr lirn. Burruaer�hall wti.fy thr I�en�+r tskr unr or .�;.�
<br /> _.i.;� '• = more uF the actiun.ut li�rth ahu����•ithin IU�}�uf ihe gi��ing of nuiicc. . : ��'``�'
<br /> �i �. Ha�ard or Pmperty Insuranee. Borrnur� J�rl kc�p [he impr����emerL� ,u�v rxi+ting ur hrresfter ezectut un the ."�=�:
<br /> Pn�prrt�• in.ured e�aimt la.+h�• fire.hatsrd� inclac�::: .��-3�in the term "ertendr.� ��••zrragr" anJ any uthrr haiarJ+. inrluding y .��'a�=
<br /> `��; ..• , .� floods ar tlu�afing,ti►r nhich Lrnder r�yuire.in.ura�:a: :hi.in.uranre shall be r.�:untained in the amoun[.and ���r thr px:ri�Hi4 _• �--��.�*d
<br /> ..,..,:.;
<br /> -'� � that L,ender rea�ire+. Th�inwranc:ramer prutiiding the►murance ��?all. he c6usrn h Borri�wcr,ubjc�t tu Lrnder'.a rucal '+�'�� •
<br /> ... y pP �: .. ... �j:•:n,
<br /> .� a•hich +h311 r•,:r h�unrea+cmahh• «�ithhei�f !; &�rruutr PJII1 Gl m:a.:�:��. .:ocerage dr�erih��i ah���e. L�nder nu}. at l.rnder'� r ,.;; ';_
<br /> �. , ��ption.obtain.ucerage tu pmte�l Lender'.,-.gh[,in thr�rt�p�m• in s::�•':.ance»ith ara ra h 7. r'"+ `
<br /> . P € P �i,���,,;:.,.f�'% :,;
<br /> -�:=;:;r.::r`:; AU intiurance policie. and rrnea•al�.,hall be acce�table to Lcnder and,h.:..�t �n.lude a ntandard mong:�c clau,r. C.�nder :)Ft�:,,..„•, .,...,
<br /> �;'"+,����`;.. .. �hall have the right to hold th�poficie.anJ�enrwah. If C..znder require�. Borrow�:-s:._'!prumpdy gi�•e tn Lender nll mceipts ol' �_�";,��.;.;��'�,;�;`�
<br /> r£����`Ji�j` .r. paid premiums and rene�at n:�ucr.. In thr e�ent of lo,.. Bnrcua�r�half gi�e prn.�;t�.-�:tire u�the in+uranc�rarrier and I.ender. a�:�°t ��
<br /> �, ,t � . '�' �:
<br /> ,:,;•:^,..� '�:E; L.ender mac m:�i:e proi�f uf lo„if n�n made prumptly h�• Borro�ccr. : "�"
<br /> ,...,.,,. . ;"".[i::
<br /> Unle++Lender and B��rrower nthenvi+c agr�e m writing.imur��.::.i:occed+tihall be appli,�i n::rr.tnratiun ur repair of the ,_•i.v.
<br /> �`t.`',V,',� .,'�n, Prrperty damaged.if tfie retitc►raticm ur repair i.�onum�wlly fea.ribl.-..:.�4 Lender'.�ctiurity»not ic.yeneJ. If the restoration rr • . :%s'�
<br /> r «`;ry '. _ ;�r�ti not econamically fea.�hle nr Lendcr'„e�urin •�,.�uld he le�,�:sc.a-. thr���.�:u�p��x:ced+,hall hr ap�l�.�•.f to the,um. ti= `"
<br /> �+�:�.. ,�.;�ed b thi� Sccurit in.trumrnt. «•hrthrr ur nut ti:.-n Jur. with a^.} exre.. �+-�= a+ ii��rru«er. If Borni�ti�r�andc,nti the
<br /> ; �,�: > Y -�';.
<br /> . �:m�Clty'.tiC�:ti.-'�not an,���r«�nhm�0 da}•.a n��tice fram L,enJer th,;.t'_'� in��-=..e�arrier ha.u!'fer�d tu�etti� a CL'q1D. tHc;ll
<br /> `� .. L.end�� may c��!:.�t the in.urunrr proce�ti. L.cndcr may u�e the pr•.3::a:. to repair ur r�wa�rc Ihe Prup�rty or to pay �,�*�-� •
<br /> ..::�, , , ..�r:
<br /> �'1,, ; . ,ecurctl by thi,Scrurity Imttument.whcther ur nnt thcn due.The 30-�a} perii�d will hegin when the n��uce ts given. ` .
<br /> Unles� l.ende� and Burr�neer athenci,e agree in �eriung. :uiy apPlicati��n ;s proceed� tu principal .fiall nat eatend ur . ��r�;
<br /> i;�;,,�':�.:t po.[pone the due date uf dt;:mnnthly payment. refcrmd to in paragraphti 1 and :��r chattge the am��unt o(the payment.. 1f J�;. , -„ _
<br /> �'�r=<:�����?h � � under ara ra h 21 Ihe Pn�-gcrtti�i�ac uired h L.cnder. N�irrower'. ri ht to an �::��•�ncr ulirie�vnd ruceed+rc,ultin from -.
<br />::r e+:,,.'•',fr{'• • . ��. ; p• g P � 9 Y F Y � P P, F ,ii:� ,. �
<br /> •;;;�i:�L�r 'eFr�� damage to the Pruperty pnur�a:he acuci�,ti�m,hall pa.ti to lAnd�r t�►the extent ot i:.e.um��ecu�ed by th�ti Security In+trument ��<:!-... .
<br /> -:::.t.:�:.. . ;�;,�'�' . _ ;_ .
<br /> _�. r. ;,, . �, .n.. immediately prior to the av�Li��ti��n.
<br /> ;_ ,.:,�...� 6.Occupancy.Pre+er�:�tion. 14ai.���a.�re und Protection of the Property; Borro�cer�G�r���,a Application;I.ea�ehoid4. . ...�•'
<br />-x'':'�;��',_� ' @nrrower zhall occupy.c.v.:�'�•Si,and u,e c�:Propen}a.$nrrow�er'�principal revdu,.e within.�:.ry day+atter thr exeruuor.�•1 �,
<br /> �., .{
<br />-=:;,�;;>;';`; J•.i.5��curity Instrument an:t.ifall cuntinue tn occup} �;�e Propeny a.B��rr��«er'� r�r.ipal re+idenrr t��r ut '.cJ�i..me year ai'ter �....,,
<br />-` �t,•'i>'4� �• tl>e date ut'uccupancy. unle,. I.crtder otherwi.e agrez� �n w�riting. which con+ent .i:aii nut Fxe unrrasonably v.�•±.`•�i.ld. ur unle++
<br /> �•:;,,,,. . .
<br /> ;�•.;��••� �:'�:. Cxtenuatin� cireumtitanceti eri.t ahich arc hey�md Burrowcr'ti cun[r��l. Borr��wcr .hall n�n destmy, damage or impa�r thc ,
<br /> - - - • Propeny. allaw thc Property tu detcriorate. or a+mmit wa�tc�m thc Propeny. Borr�u�cr�haU he �n dctault if any forlciwre
<br /> ��,=; . � actian ar pri�reeding. uhcth:r rivil ur criminal. iti hegun that in Iwnder'.gni�d tauN juJgment couW re+ult in ti�rt�iturc of thr
<br /> � • ' Prupeny or uthen�iw materially impair thr licn rrratcd by �hi,Stcurity In�trumcm or l.rndcr'��c�urity intcreti�. Barmwrr may �� .
<br /> i`'•''�S"; ' cure.uch a default and reimtate.a+ rin•idrd in ara ra h IR.b rau�in th�arti��++••r rucectilin to hc Ji+mi.�eJ�vith a rulin
<br /> ', �i P P � P Y f' P F F ��;lr�,..J .
<br /> �:f��'•�';.. that. in Lender'.g�uxl (ai�h dctermin:ttiun. prcclude� furteiturc ��t thc Burrawcr• •-:teretit in the Property ��r �Hher materi�l �,.
<br /> -i':`�}"'' ` .� impairmcnt uf the lien rrcatrc1 hy thi. S«vrity In.trumcm ur Ixn�ier'� �ecurity ir�;crc+t. 8orruwrr �haU al,�+ he in default if
<br /> �`'" ' `�''��ti�' Borruwer. Jurin•Ih� luan a luntion rnrr... a�c matrnally� (al.c ur inarcuratc eafunn:+uon ur.tatcmcnt.tu(Andcr tor failed • ..
<br />=:�`5. _ .•�•, •;� b PP�.. P F.
<br /> _ . . tT'?,•;� to pr�,vide L�:nder with an� m.�terial in(nrmltiun►in c�uuiecti�m w•ith the I��an e�•idenced b>�thr Note. incluJing. hut nu�limited
<br /> , ( :;
<br /> '"'.,`t,�,:.� . � : '.. tu.repre�entatiom c�rncermni H��rrinver',uccupanc} �•f thr Pr��perty a��prine�ps!re�idencr. lt'thi.Sccurity Instniment i.on a
<br /> -, y:,:�:�• Ica>ehold. Bonuwer tiit:ill a,mply with all thr pr��.•..�.,�,:. uf 1he Ira.�. If Birrn��:.r acyuire. fer title to dtc Pruperty. the �
<br /> -`:;;".,�•?': .. I�;a.ehold anJ the fee tiQe,J-.�II noi mcrgc unlc��Ixnd�r��mc.tu thc mergcr in wniu:•�• ` .
<br /> ° 7.Pruteeiion os I.e[tdar.'�Ri�htti in the Property.II Rorr��Ker f�il�tu pert.:r:�hr cu�•�nams:+nd agrcemrnt,comainrd in .
<br /> •�_ .e
<br /> ���.+° thi>Securit}� L;�t�ume�tt.��r there iti a Iecal procrrdmg tha� may >i�.r�t:cantly atfitit l.rnder'�n�:ht. in the F'r„prny �•urh i.a .
<br /> _- prucceJing in h.ar.krup:cy. prohatc. fur rond�mna�iun��r G�rlritum�•r:�, rn(urc� l.a�c,ur rcgul:uu,n,i. ihcn l.rns.cr may d�• .�,,�1 .,
<br />°= paY f„r whate�•er i. n_a��:3n,- tu prutrct the �alue„t thc {'tnprrt� and Lrndcr'� n�ht. m thc !'n�pert}. IAndrr',.�cUi�r� r.�s�� ,
<br /> . " . includc paying :m� �um� ��.�:�rul by a lirn «hich ha, pr�unt} �nei tht� Suu.nr. Im�rumrnt. appcarmg iu raun. pating :.
<br /> . rra,unablr au�,rnc}�' i�tiy�+nd rntcring �m Ihr F'ruprny t��m:�6c rcpair. Althuu�:li I_,nJrr ma} lahc artiun ui�dcr thi.paragraph
<br /> . � 7.L.rndCi duc�nnl hct�C Tu.���.u.
<br /> • `� Any am�,unt. di.hur.a.t by IAndcr unJrr Ih�. paraLraph 7 .hall hrrnmc addm��n:d drhi ��t Hrrn,arr .r�•urrJ h}• thi� .
<br /> _ • � 5crurit� In.trunknt. l�nl:�� Rurr�n�cr aud LcnJrt a�:rcr t��uthrr t�rm,of p:iymcnt, thr...mu,unt. •h,Jl hr:ir �ntcrc.t frum thr
<br />- J:�tc uf d�,bur.cn��ni at Ih: '�utr ratr and .h.Jl hr pa�aMr. «uh mtcm.t. upun nut�ce frum I.�n�rr In Hurro.<<r nyur�ung �
<br /> -' pay mrm.
<br />;=�=:,�.�.. 8.�tnrt�afie tncutu»re. U l�ndrr rrywrrd murtra�:e �n.uran�e a��iunJ�ti�,u.,1 mal�iut ihr luan u�ur�d h} th�.5�runt� �
<br /> = In,trumrnt. B�,rrow�r ,hetl p.�� thr prentiutm rryuireJ t�� mamta�n Ihr m�+rtga�c m,ur.mrr �n ctfrc�. !f. lur any rca.un. thc
<br /> ' ntnrlg:�LC in,uranrc �u�cra��rryuitcP ub Ixudrr lap•r�ur cc.i,r.t��he in cffr.•t. Brrr„arr.h:dl p.n� thr prrmiu�u.rryuirr�! :��
<br /> -. ��Mam r�,�rragr ,ub.tautta�l� ryunalcnt tu tlir mort�:�Lr in.ur.nt�r prccu,u.h m clfrrt. .�1 .�.��,t•uh�t,�nuaU� cym�alrnt 1�,th�
<br /> ��' • .u.� tu Hnrrnµrr„t th� un,rtiagr m.urancr pre�wu,h tn cllr�t. tnnn an :tltrtnatr nu,r�cair m.urrr appru�r�l h� LcnJc�. 11
<br /> -.- --- ------ . . . f��:a�zs s sa _---- -
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<br /> • .. . ... . . . .. ,. • :,.. , . • S�'�i.�i�.. . � �'•` .,.�t: �,r .��..+�..
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