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<br /> . . � 4` a Thc Furni, ,h:►I! he held m an in,nwti��n ��fiu.e depu,i�. �re �n>ured b�• a fe�k'rai .�rnr>. imtrum��ntality. ur entit} _ , ,-
<br /> " �• , , . � (melu.ting L.�nSe�. if Lrndcr i..u.h un�n�uwtiun)ur►n atn F�tilcrsi H.*me L��an B:►nlc. Lctitd�r.ha!{applr tltr Fund.ti�pa}the � .- -- -K
<br /> . ; E.�vuw (tem.. Lxnd�v m�} nut�hsr�:�&�rnn�rr F�,r huldin�:uid apph ing thr Fund+. annu:e{ly anah��ng thr c�+rruw arcuunt.or �_, ,
<br /> - . �� i verif}i►L the E,rru�� Itt�n,. unlc+.LrnJrr p��,Borruu�r inter��t un thL Fund,and sppli:rfilr law prrnut,l.�nJ�r tu make�urh . :•. �..
<br /> ' - t a char•*e. H�n�rv�r. l.rnder n�a} nt�uirr 8urru��er to Qay a�mr-time�-h:uge t.�r an ina�'�+rndrnt rwl e.tatr tax rr�x�rting .en�ice 4 ' ..
<br /> • utiul M lxndcr m cunne�tiun ��Uh tlii, tuan, unle•, applt�able lare pro�iJ�� uthrn�i.r. l;nl�».� an aLrc�cment +, madr ut
<br /> • � '� appiicable IaH n�{u�r��iutcre.t ta hc ra+d. Ixnder�httili..�ut br rcyuircYl [u p:�> BuRU���:an� intcn.�t ur�arnm�ti on the Fundti. ` '
<br /> Bortu��rr snJ lxad�r nui� :urn�c in aritim:. hou•r�rr,th►p iotLrc�+t,h�!{hr paid un thc Fmid.. Ixndrr�hall gne to&�rn�ucr.
<br /> -- ,• � E ; without ci�rrg�_ .in annual arcuunting �,t ihr Fund�.. ti�tiis�aztng cnylit, anJ dch�i, w thr FunJ,and thr pur►w�e li�r ��herh r,�ch = - -_-
<br /> � ' drhit tu thc f�uuJ.«;�.madr.Thr}�und�ar�pl�d,�c.i u�:�.i�1t�i�ma1.crunt� t��r al!�um.+cti�ured b) thi�Sctiurin�Imtrument.
<br /> . '; � 11 the FunJ,h�ld b} Lrnd�r ru�tid thc amaunt:�p4r.�itt�xl w h�h�ld M appliwbte la«. Lcnclrr±halt arwunt tn Borm���rr
<br /> ti�r thr e�c��,Fund.in a�rorJanr� •�ith the requir.:p��hite���f.��tpt�r:it►Ie: la�v. 11 th�an�ount uf th� FunJti hcld by Lrndrr at a�t}.
<br /> - - ..� un�:i�n��t.uf'IicirtH tu pa} th�E,rm« Item.whcn duc. L+:rulu�nci} x�nuuf} Burra���r in��riunL. anJ. in,u�h�:ar Bumnzc•r :. .
<br />;:'' - -- --.- -_._ ,h•rll pa�• to l.endcr the ams�unt ncxr++ar} [o make ep ihc:let:,.t�n�'Y. Borruwer.h:tll m;� up th� Jetirienc� in n�v more th:tn >.•,.-_- ,_�=_. ,-
<br /> . ,. . [wcl�c m�athl� rrymenth.at l.e�ulrr'.•ule d�Y.retinn.
<br /> Upu�t pry�nunt in full uf:ell +um+��tiunJ h� th�> 5:xun:.i.fn�tsument. [..ender +hail pannpU� rrtund tn &�rrower:iny _ .
<br /> ' • FuaJti helc!by Lend�r. [f, un�r par3ga+ph�}. Lender.halt ucquinL•��,elf thr Pruprrt}.l.enJrr.priur to thr acqui,itiun ar+at� ,
<br /> ' ` , uf the Property.+hall ap�sly;sm FunJti heW by Lxnder at:hc cun�uf.,icyui,itiun��r+ak:+.:�cnxl+t ag�+n.t the•um��r�vrrJ M '
<br /> � � thi,Sec:urity lmirumtnt. �:�
<br /> • . . 3.Application of Pa�ments. Unle+,applirahlr la+u�rc��.►des�tt�tun�iu.all p:+y mrnn r�ti�n�d h� [.end��r uruler paragraph, ; . ,�: �
<br /> ' ' f,. i un.! ��hali h�appluxi: tir,t. to any prcp:+�aicnt�hurYr>�luu undar tt►c tiutc:�cti�u�J.tu umaant+payc►blc undrr para�rdph 2: ..
<br /> thcJ. tu m;crc�t.tur:I��unh.tu princ�pai Ju�::utd►a.t.���uny !�t4�hur���Juc undcr th�YiitC. `:rt
<br /> �, ;.Chat^�;��+: Liens. Burru��cr �h:dl Qa� all tat��.3.+•s•+m�n►:�. ��ar�r>. tin��3nd mip�„itiun. atttihutabte tu the Propert}
<br /> _� ��hi�-h may attem priurit� ucrr thu �xurity In.trum�nt. �nd tcu��ivrid pa�ment.��r gruurtJ rcnt,. i1 any. &�rr•,w�r ,hall pay ;`°'
<br /> < :. th.�ubl�gauom in thr manner pn,�ided in paregrapb 2.ur if r.�rt puid in that muine�. Burru«cr�hall pay thcm un time Jir�cN�
<br /> u�th:pen�m uwecf paymrnt. 6�,rroHer,hatl prumptly furn�sh r�:•G:nder all noticea oti amount�tu h�paid und�r thi,par,�raph. ;: ��_>
<br />'� ' < lf Born��oer makr�the�e p�aymrnt,dire�Kly.Burruwer.h.�U prompdv furnish to L.cculer rctieipn c�id�ncing the payment+. •, �".�I;ts'.;.:.
<br /> ' ��' � &�rn��ver�hali promptly J�uharge am lien whi.:h ha>pr�r';�uver thi,S�ti�terity� in,trument unle..B��ttu�ccr. ��►a�:rce� in r`:. �
<br />--�' � writin�lo the ps}ment nf the uMli�ation,��urcyf by thc lien�n u munnc:r acreptsbte tu l.ender:Ih�ri�ntr+t�tn go�,d f•rith:h,I��7, r., "
<br />_- . ' � � ., b}. •�r defenJ� :►g:►in�t.cntiirc�mem of the lien in. legul prcu�ngs �chich in thc l.enJ�r's npimun ���xr�te u� pr:s,��t tice : ...-••,:'�. :_
<br /> ' enfnic�:riunt uf the lien: ur ir)�ecure�from the holJcr oC che ti�n an agreement xati+factory ta I..endrr.uburdinating ihe lieu u� ,.,�_..��._ _:-_:�;
<br /> � thir S��:urity In,trument. 11'l.�ndrr dcterniinc��hut am patt ::f ahe Prupert�• �.,F:.`_��.K tu a lien w�hirh may attain priorit}•over --- �-_ .� .�
<br /> ;`� � - thi►Sc�urit��In.trumrnt. Lender ma� give Burrnwrr a nntic�idenufy ing the lien. Eorru��er.hall .atiity the lien ur take unc�rr .,� ..
<br /> `�:�., � more of the action,,ct ti�rth aho�e�ti•ithin 10 day+uf thc�;�ving uf n�ni�c. �<'x=
<br /> . .{;'c .
<br /> � . :,%..., 5. H�nrd or Properh� tnsurance. Burroa•rr >huU�kecp th� improe•cmrnt� nu« exi.ting ur her�aftcr crexted un the ; . .:•{.
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<br /> � ,J Prop�:rty in,ured agaimt lo,s by tire. h:v-rnis includrd *iin�a thc trm►"extende�i cucerage" anJ :tny othcr hazard+. includinF :�i�`•>-`-
<br />�:�s " „t�.rt . ,,..� tleWds��r flcn�ding. tor��hich Lrnder rcyuire+in�urence. Ti�ir,in�urance+hull he maintaincxi in the amount�•rnd fur the peri�xia �`� �T_.�
<br /> . �:�.x, rt3t Lender reyuire,.Thc in,urance��rrier pnn•�ding the i»u�ranre +hall be rtt�swrt hy B��rr«��er tiubject to Lender'+ approval `...;�,�•�;
<br /> �'�;<<i�F;�i�t �•,` : •u;:::h shall nut be unreasonahly v►ithhelJ. 11 Burr.�wer tail»m nmintain�u�•�ra�. �rkTibeJ ahuvr. L.cnder m:sy. at l.ender'. `���i i-;.,.�,
<br /> �` ��_;', ,���+n.o`�tain covera �tu rnte��t LenJer'.right�.in the Pnpt^rty in:��curdance w:sh p�aragraph 7. �{' "
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<br />��.s;,'h., '.. ;s}.;�. A(i imura�:�:pulicie.anJ rrne�vul, �.h:sll be aca�►tahle.a�f.er�zr:uid +haU include a +tandarci morigaDe clautie. Lea er , �
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<br /> . . � �,,.. ;'..u�hacc�hc rr�i w hoW the pulirie+ur.i rcnea�ul�. If L:nder req�*-�:.�.Bnrm�ver.h�t!psnmp;l���ir•e t�Lxnder all receip.y af . -:
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<br /> �.�'. '.r-•. . p emium.r a:td rcnewal nutice+. In the rvent i�f lur,.i3��rrower,.7ali �i�•a tum t noticc tu.th��txvurunce r•►rrier and Lerafer. �." .i.:A'.. ,;,l,f:
<br /> , .. 6..zndcr may make proof uf losti if nat ma�e pn,mptly b�. Hurrowcr. _ • ..-.
<br /> � � • Unles.i.ender and Burra��r o�herwi,e agrc�m�uri.:ing.insurancc pre�crc�l.�+hal)hc applied to r�storatinn ar repair of the '.. {%=:
<br /> - . . Praperiy�lamaged.if the r��torstiun ur repair i+�un��rniwUp fca�ible anJ Lendrr'>>ecurity iti not le.sened.If ttt<<e�taration ur �yy,,
<br />'`'.:��• " .."�.; repair i,nut econumi�elly ie:�,ible ur l.cnder',,�.ur.cy w�uuld he lesyened. thr in.urance procecd�.hall he applicd to the+um, ,.'r,,.>�. ;-•
<br /> . ,e�:urui by thi. Sccurity In,trumcnt. ���hcther ur nnt th�n duc. witF� any �xc��+paid tn H��rn�wrr. If Burra����r abandon. thc '.�,'
<br /> ,. . P mpe r t y. u r d o e,not an.w•cr within 311 dayti a noti�e frt�m I..�s►der that th� in.urance rarcier has uffered tu+ettle a clsim.then � ::'
<br /> � Lende� may colltxt lhe insurana: prurc.�1�. L�:ndcr *n:r. u.e Qit praxeul+ tu rep:�ir or r�tiwre thc Pr<�pert�• or tn pay .u m+ ��,.a-
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<br /> •` � �• •"" .etured by thi+Security ln�trument.�vhcther ur nnt thc�.iur. The 30-c�ay periixt will be�in ahcn the notic�is gi�'.;n. �
<br /> :, "�-t��' � Unlets Lxnder and B�ttru��•er ��thcrw�iw:. agrce in �vriung. any applica[ion o1 pr�xecJ,to princ�pal shal! not extend ur •.�':�
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<br /> ' ,' � ",c,':�j pu.tpone the due date ��f the mnnthl)� pa}�nen[+ rcferrrd tu in paraaraph. 1 anJ _' i�r change thc amount of the pAymenss. If `"
<br />�'' •f��i,-,., .
<br /> �_. : .;,.:j,�,r,f under Paragc,�h 21 thc Praperty i.aiyuirL+i hy Lcndcr. Borcower'� nght tu any imurance policieti unJ procecdti rc,ulting fn►m � �.�•�;
<br /> �.., . .,, ..; dam:�ge w the Property Priar tu thc acc{ui�<<<�.,n�hall p•r..tu Le:nder tu the extent of thc.umr scrused by thi.Security Inctrur-.uit l. � �� �;,,
<br /> „ti � .. - , = �mineJ�ately prior to Ihe a�yu��:iva , � ',� `
<br /> fa�• � r 6.(Dcn.+�!r�,Pre�enaticm. �tuintenance and i'atiatection of the Property. Borro��er s lw>an Applicutton:Leaseholds. ; � _
<br /> � � ��_.;��.�: � Borrower,hall occupy,e�tahli�h,and u�c the Pruperty a.&�rrow•er'+principal retiidence within�ixt�•da}�+after the�xecution uf � � ,_
<br /> „'': � ��{': th�y Security In�trumcnt and�hall r��ntinuc to ucrupy the Property a+Borrua"�r',princip�l reyidcncc ti�r at leatit one year aftcr
<br /> �'.- � . • ' .,,,�F�'.;` ths date of occupanry, unle+� Lrnder��tl:�rwi.e agr.x. in writing. �►•hich cun+ent.hall nut he unr�a.�unably wilhheld, or unl�w> �_
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<br /> u�.� ';;<<i... " � �xtenuuting circum.ri�n�t� cxi.t which arr beyond Burrowet'� rontml. Borrow�r �hall no! destray. damage ar impair the ,+, �:,s -
<br /> ;;;y>�• ..' . •: 'v pr e�ert y. alloa th�Propeny to d�KCViuratr. or comm�t w•a�te on the Property. Biirr�nvrr tihall ne in default if any fittfeiture ��_;
<br /> aeuon or pr�x:ceding, whether civil nr crimina l. i,h c:��_n t hat in L rn dr r'.g o�H!fs i t l i j u d g m c m e u u W re�ul:r�. :i�t[CiiUtC of thC
<br /> �.- ', .s Property'��r othen�•t�e materially imp3ir thc licn cr�at��i hy thi�Skurit}�In+trument ar l.rnder'.,ecurity inter4-t. Bormwer may .
<br /> cun+uch a def'ault and rein�tatr.a.pru��.i�d in paragraph 18.by wu�ing thc actiun��r prucccding tn hc di.m:...��1 with e rt'-:nF :
<br /> i�.��: �;�� thut. in LCndct.guuJ f:►ith dctcnninav�ln. prcclude� furfc�tur� �•t dic Burru��cr'. intrrr�t in thc Pruperty ��r rnhcr r•�.�_�al ,�..
<br /> �:� .. :: i1�� impuirenunt uf the lien crc�teJ by thi. Security lmtrument nr l.cnder'�.ecurity intere.t. Bi+rrowcr +hall al�o he in dCfa.�ll if , ,,
<br /> r . � ��',,;�
<br /> '.�`i �• '•,��;�. /ft ; purruwrt.Jurin�,Ih� luan apptiration pnur,..ga�r ma:erially fal�c ur inac�uratc uifomiaiiun ar�tatcmcnt�n:�I.rndcr(or luiled ' .,
<br />. ±�}�rovid�I.ender«i�h an� material infnrm:iuunl in���r,-iecunn with thr luan e�•idenrcJ h��the Note. �ncl�d�.�_. hut not limitrd
<br /> :�"' �,,:` t��. re r�t.Cntution,cuncernmg Burn�wer'.uccuparn.} ��t ;he Pr�,pcny :P J(�iUll'IPBI re�iden�r.II tht.kr�nn Zatitrumenl i,�,n�
<br />�,7E�',y 'r .�� �,;�i.i; •, ICU-Sehold_ �x�tYt�wer �hall Cuntpl)' µilh .ill Ihc p::�:��u�m u1 dce lCa+e. If Bottuacr acyu�re� 1« I�FIc tn th� PrupCrty. th� , .
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<br /> :;M�},' . ' :i� ,i�.. Icu�ehuld:�:J rac tcc tidc.liall nut metgr unlrs..L.cndcr agrce�to��,;merger in u�riting.
<br /> '=��•�• '����.:• 7.Prote�4ion uf t.ender's Ri�hts in the Property.lf Borruwrr lail.t��perfurni thc cuvcnaucv und xgra:mcnt+amt::[i,�i�n
<br /> ��.����•�:s;:�5.1. th�s 5i:rurity Imtrumcnt.or thcrc i+a legal pn,arJing chat ma}• ,ignitirantly .�ffcct L.cndcr'.nghtr in th,;Pm�crty I�arh ��a •
<br /> �;:: ' , �.. �. � • pno�eedin�in bankrupecy�.prubatc. lur cuudemnati�m or t��rlciwre��r to cnfurcc law.or regulatium►. thcn L,�r,der may d��.uid
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<br /> - ., pa�� for�vhatcvcr i� nerc�w�ry to prutect thr�:�luc uf thc Yruperty anJ l.cndcr'� ri�ht� in th� Praperty. Lcr,,�rr'�actiom m:ry
<br />` ''',�� .. includc pay�mg am �um� .rrurcd by a lirn ��hirb ha� priunty incr Ihi, Sccurity� (n,tnunrm. appe:iring in court. paying
<br />�_• rcu�unahle att�,rncy,' fcti,and entering nn the Pn�prrty tu makc repair.. Alth�,uch l.ct�drr tuay take a�n„n under�hi.para�raph ,
<br /> � � 7. 1.¢ndcr duc.nut havc tu du+a.
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<br /> ±`� . Any amuunt, d�•hur.rJ by Lrndrr unJcr th�� para�.r:�ph 7 .hall hrr��mr a�l�m�,nal d�ht ul K��rm�rr .crurrJ by thiti
<br /> �:.. • . 5ecunty In>trument. linlc., Burru���r :md IAnJ�r a�ree n,n�hrr trrmti��I pa}mrnt.the,r amnuuh.hall h�ar �ntcrc�t tram Ihe
<br /> s'"` : , . d:UC tif d1tihUM:�l1C111 :it thr ti�nc t:ur and .hall hr payablc. unh iut�rc�t. upun nuurr trutn I rndrr a, R��rr�iarr rcyuc,ting
<br />:�.;�" � p.�}mcnt.
<br /> �,: ,; 8. �furl�a�;e Insurance.N I.rndrr rryuired m��ngagc�n,uran��a.a cuudili„n�d n�a{.m,thc Ivan ucurrJ hy Ih�,tircunty
<br /> ' � Imtrumcnl. Bnrnn��r .I�:dl p�� Ihc prrm�unt. rcyuinJ i„ mamta�i�Ihn inurtga_c mwr.inrc m elhrt It. li,r an} rr:nun. �hr .
<br /> .�L" ' , OlUT1iJ=l tn.urancr c�ncragr rcywrcJ h} L�udcr I:ip.r,��r r�a�c. U,h� �n rftc.�. Hnrr�,«cr.Ir.dl pat tFr prennwn. rryui�ed tn
<br /> ohtam r�ncr�Lr wh.t�nualh �yw�.+lcut t��Ihr nu,rt_a�r u�,ur:mrc pre�u,u.h m rllrct. .d .i.�,.t �uh+tatucdh r��ui�at��d 1.�Ihc
<br /> ' � ��..t tu Hnrri,��cr�,1 thr rourttc��r in.ur:mrc prr�iuo.lr in rltrct. Ir��m .ui .�hrrn.it� n����t:.irr �n.urcr .���pr���rd hy I�udcr. It
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<br /> --.-- -- - . . Form 3028 9�90 `---.- --
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