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<br /> ' � ; The Fund, .hall hr het� in an institutinn w•ho.e depo.it. are imured by a fideral ag�� imt►umenudit�. ur entit�� � . ,,,f;` .
<br /> � --- -- ' �--i uncludtng l.rndcr. if[.rnder i..uch:u�imtitutiuni�tr in;ui� fc�iera: Hame l.��an Banl:. l�nder shal1 a�+pl} thr FunJ.tu pay the _,�'�,�._.r.:-.�.;_==
<br /> . :< 4 s, , ,� Exrou Itrm,_ Lrndcr ma� n�K charcr&�rnn�er tor holJing and appl}im�thc Fund..annuall� anahi:ng dir r,rnne urcaunt,or ' ., ' .
<br /> �erifcinc the E.�nsw Itrn�., unk��L.rndev pay.&.rr�n.rr imen�t c�n thr FunJ.and applicahle law pernut+L�nder���n�;+kc,uch �``•"� �" `
<br /> ' . ' �• '• a ch:u�r. HuN�cer, l.�ndrr n�y r�yuire Burru�►er tu pa�� :�„nc-time chargr ti,r an independent rial c,tate tax repnrttt�g un�ir `"..`� '`�•'. ..
<br /> � � _, <i ,• :
<br /> � . .� u.+etl b} Lend�r in ronn��-ti�m «ith thi+ lissu. uttle» �ppl�cable 1'a�� pn.��tde. uth�rnt.r. �n14�+ att .��2rctm4uS t+ Itr,ttie uC :;_it� <
<br /> � ' ' i ;�Plirablr laa r�qwn�intrre.� to Fe Fuid. Lender�h•ril nnt he r�yuired to pa} gorn�«er am intc:rc.�t.�r r�rnin�!•�rn thc Fu�uis. . .
<br /> Bum���rr an�3 l��ui�r ma� :urc�c in wrinng. ho�ti<<cr, that intcrr,t.h:�ll be paid�m Uir Fwzd.. Lxad��r>ltut)grvc t�� Flurn+���rr• `°.���� •
<br /> - - ` ' ` f «ithuut rhar,*e.an �nnu:�1 :u.•�,tmime „f the FunJ.. ,ho«ing a�Y1it,anJ Set+tt,ti�the Fund,�nd the p�t��f+e ti�r �ch���it c:u� `'E''•.<<;, ':. -.
<br /> dc�i�it tu the Fund.�tia.maJ�. The Fund+ar�:plydg.ed a.additiunal+ctiurit} ti+r all.um.�crurat b� th�r��+:untc Im�rum�mt -T;�;��: - �
<br /> If the Fund.hrld b}�tA�ndrr rrcc�i the amount.permitteJ ta hr hrld b� appG�able 1���. Lcnder�hull arcuunt ta&���+���rr 'r,:. ,:%_��[ .
<br /> ` - ti�r the rtcc�ti Fund. in aa��rJarrce aith the�cyuirement+of appticabte law�(f thc amuunt�►i thc I�urtd�held h� L�m�rr at.�n} "�;:�,s:�',• � .
<br /> , ' � time i+rn�t.ufftci�•nt to pay thr E+cr��w•Item-ti when due.i.�:nder n�� .a n��uti Sorr��ucr�n u�ftm�. aiid, in.uch ra+r Burmarr
<br /> ' ..z. • .hall ps� tu lxnder[he am«unt nec��.ary to make up the deficicn.�. Burru:�rr.hall mal�e up thc dcti�irnc� in n�� ttu�rr than _ ___ _ :_
<br />. � _ ` ' r���- t«ehr monthly papmentti.at Lrndrr'..nle�G�cn:tiun. "�: r�_ ,� -. _.
<br /> � Upun psyn�ent in tull uf�II ,um+ ,e,:ureJ by thi. Saxurit�� Imtrumrnt. Lendrr +hall pn�mptly neFund tu Burn�Nrr .�m '' �' E .
<br /> Fund�hetd b�� Lender. If.undcr parsgrapfi 3).L.ertder,hall arquirc��r,ell the Propeny.Lcnder. pnur di d�c aryui>inun��r vtc •�4
<br /> � uf the Pmperty.+hall apply �ny Fund,he1J h� Lender xt the time of acyui�ition or wle s.a rr��tit rcuinu thr.um..cwvr��i h}
<br /> � � � � thi�S�tiurit�In.trument. ��� • . _
<br /> � � � :� '� 3.Appliptlon of Payments.Unless applicable la�c providn otherwi,e.ull pay mentti rereiF o�f h�• Lcnd�v undcr par.igraph. �;:5�,°�•r��_ _
<br /> �::.,` ! ,u�J ' .te::ll ha:g►plicti: tiroi. t��any prepa}ment cher�:��dur unJ�r the\utc:xcond.t��amuums pa�•ahlc undrr par.�graph': � .,
<br /> . . . ;:s:};, �h�ni.n�int�rc-.t Jur: tuunh.w pnn�epal Ju�:and la.t.co any latr char�e�duc undrr thr tiute. �_�,;yl;.,.. �•
<br /> . �f, �1. Cha�4�: Lienc. Bi�crunrr,h:ill pa} .tll taxc�+.:�+�e++ment�. ch:irge,. fint�,and tmpu�ilian> at�nhutublr tu thr Pn,perc� .�:. ._
<br /> y., .I:h ' . . . ....
<br /> . •.._�:, �tihich ma� attain priurity uccr chi� S«-�x.-in In.trument. and lea,eh„Id p3ymentti ur=ruund rentti, d .im•. Burr,,«er ,halt Eu�� ;.r:•..�:;�� = .
<br />- ':rj-�< the,r abligstion.in the m:u�aer prm�ded in para�rsph'_.or if nut paid in that manner. Burru�ver�t�ull pur them an timr Jire.tl� ���'�:��:'�: .•s.-
<br /> ` • �,,<,'� tu the prrwm .���eci payment_ BoRnwrT,hall pmmpih� fumi,h tu LxnJer all nutic;..��f,:unounts to he p�td undcr tlii,p�ra,rsph. - :�"'F,.'°'=
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<br /> . r1: t � If B��rru�cer makes the,e psyss�n�,direcd}.Burr�+wer,hall promptl��furni.h tu L�iter receipts evidenc►ng tiic pa�•mrnt,. '��c;t•�;.;;:.;<<:,:;.
<br /> (':v;' �� ��i ::.� Barcrn��ershail pn,mptYc 3i.charge:in}• l�en�tihirh ha+priorit� utier thi.Se�vr¢ty (n�trum�rn unle.�Bonu�►rr. �a�agrc�c,�n -- � ..,s:,<,_�,
<br /> :CY� 'i't."'t�'d::/'•,
<br />_ `��:`�: �riting to the payment uf th���hlig:uiun,e�ur�d b� the lien in a manner rcc�-pt:ilile[u Lender.ib�cunte�t�in;uud ta�th the litn .;k.:.j;,'
<br /> � - .4 by. ��r defend.against enforcement .�t the lien in. tegal pmcceding+ «hi�h m che Le�►d��r's upmiun uperat� tu pr�wen: [he .f`'.;,�'' r�F•
<br /> ' ,`.�;. rnforcement uf thr lien: ur�cj,ctivrr,frum the hutder��f the lien an agreement.au�.factun ti�Lendrr .uhurJin:uing thc li.n to , .c._.�-},.,..;
<br /> �� � �hiti Secvrity Imtrumeni. If Lrnder determiner that anc part uf the Pn�peny i..:ibju�ti to a lien��hi�li m:iy att:sin priunt}� u�er ;�. ��- :�, ;+'
<br />" ; �i.Scrurity Imtrumcnt. Lxnder ma� gi�e&►rroti.zr 3 n�mce identifying the lirn. Bamrw��r,huU .ati�ty the lirn ur tabe une or '<--•r,-: •
<br /> , ,. , , . more of thr actiom.et tbnh abwe�vithin l0.ia��+of ct<< •iti in of nutice. ` f �' •
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<br /> - � • ,`�:,..r_.' S. Hazard ot Prnperty Intiu�-ac«�:_ ��m�wer tihaU kerp thz impnnement. nc��v rxi�tinL ur hereatier rrcrtrd �m dv. � . r
<br /> . ; � Pmperty in+ured agaimt lusti by firr. h=.:_::tx��mcluJcd aithin thc tc-nn "extendc�i w��e�age" anJ am• other haG►rci,. inrluJmg ���'`• .
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<br /> %',;�.�,'� 11�wdi ur fluoding. For afiich Lender rcyu�res in,uranre. Thi�inwrance+hal1 be maintainecE in ihr amuunt�and fur the peri�xlc •�'` . ��;
<br /> ?` ,s�, � .- - that Lender requires_ The imuranrr wrrier providing the in,ursncc tihall h�:cho,en b}• Bnrru�cer.nblesrt tu L.ender'+approval � •;.�,;,;_ ..�>
<br /> . '....
<br /> • ` w�hich ,hall not he unrea�onably withheld. If&�rruw��r fail� tn maintain c����ragt deuribed abovc. Lender may. at Lender', :;L':f:,<<,;.f.';-..,k,�
<br /> � } .'� �, uppon.obta'sn coverage to pratert Lxader'�nght.in the Pr��pert}• in accordance uith parat;raph 7. �
<br /> t�`-�'� All in�uaance poliri�w and rea�:.;�:.,hall he acceptafile to Lendrr and .hall inrlude a,tandserd martgaL:e clau�c. l.�nder � ;, r �
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<br /> 1 .,�•�,;,,;;�':3�•-; ,hall hace thc right to holJ the p��Gci�,.�.s:;z:i rene��als. If l.endcr reyuire�.B�irrower�hatt prnmpriy�ei��e tc�Lendcr all reccipu of �,;r.4.:y..�s �,t
<br /> .:U �.. �....,..�,,•..• '��
<br />_ ':::�;` , paid premiums and renewxl n�u►c�ti. Cc.,;u�evem oi lu.,.Borrouer.(�all�ive prampt mnice tn the insurance�:arcier and I.c:ader. •�,�y, 1
<br /> :..,�..;,
<br /> - � ;', � • L�ndcr may make prouf of Ic,..if not:n�.f,prompth '+c B��rr��w�cr. .;,i}.��;+�:`_:
<br /> ' ` l:nle��l.ender and Barz��er��ti��r.�ise agree:c: u:�iting. insurance procec�l�.sliadl-he appl'ted tu re.�+turation ar repair vf the • • ."'�`°``��
<br /> .. �, �` `� 3'toperty dama�ed.if thr r��-.uratron.�:r�•oair i,cconur.u.::,ll}• f�,i.,ihle and l.ender'�,tieurity is nut la��c:neJ. If the retitoretiun or ' '.',�" ;�^�_,���
<br /> 7 � '.':;;,%: repair i�tiae c:canumically fea,ible��r Le�3er',,ecurity w•ould hr«..cneJ. the imurance pnu:r;:t�.ltull be applied to thc,um� ' ,t'•�.
<br /> ,.- • •°�F�%•: +ecureei by�this Serurity In,trument. c,t;�cher ur not then dur. ��itA an}• exre..paict in 8ur.<,u:T. If &irs�+wer abandon•th: > �,��f:
<br /> r•. ':.::;tir.� _
<br /> ` . r Property,ur doc. not an.���er aithin ?��da}•+a notire from Lendrr th•rt the inwrance�arri�r h:�s�sffered tu��ttle a cla�m.th�a ,, . :i?,p,,
<br /> . + "� Ixnder ma cnllec[ the in�::r,znrc r��cee:d.. l.�:nder ma u+e the ruceed� tu rc au or re.tore the Pr� en ur to e .um. �' k`.�;:
<br /> . y p Y P P P, Y P'Y c, � '. . ,
<br /> �:,�,;;;,,�. ' . ' ye�:ured by this Sccurity In:�:unrent.ahether or nut then dur. Thc 3(Wa�•period will hegin when thc n�nice�s given. '':'-�:' �',..'�;:.
<br /> "`'�''� . Unle�� Lender and &�r.nNCr .ahrrai.r agrcr in «nting. anp appticati�in u1'pmceeds to pnttc�pal �hall not ertend or f'��'�•��`:•�•��'=°�
<br /> `;i�''.•7:yir r�. .. _ :'�•�'• � � � � ,•;'J-`� _
<br /> i�'` pu�tpone the due dste ��f thc munth<< �*aym�nt. refcrreJ tn in par.+graph, 1 and .. ��r chunge the :unuunt of thc paymcnts. lf �.�;.��l.;:;f�r;.�-._
<br /> ,/1; :. •�•x'`%
<br /> � ' '�'•`"t'y5�• under paragraph_'1 thr Proprny i.a:�aired by L.ender. [3urr�n�cr'.right to an}• mwrance pul[c.-itw and prncceeiti rc�ultmg !mm •�- �• •`r•:%;�°� ��;,
<br /> �� ` �..°'�rt��i,5;,�..
<br />' ' ... .'..,. ;� � damage to the Property prior tu the s�yui�itiun,h:�p pas.tu Lender tu the�rteni i�t the�um�,e.�:r�d by this Sccurity ln,�n►mem •:,..,.;: ;et��
<br /> ����; .
<br /> ` ;�,, .. r f` '►mmediately prior to the acquitiit►on. ,`;` * °
<br /> °k � ` 6.(kcupancy.Prese��ation.tilaintenartce and�rotection oP the Propert}: Sorro�ver's l.oan Appliratton; Leatiehotd�. �;¢s .�
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<br /> �°;, �'�t &irrowcr shall orcupy. e.tablirh.and u.c thc Propertti a.Borruwcr'�principal rc.idencc within��xiy day�at:�r thc cxrcut►�+n.�i ° ; -,-
<br /> r !'� , nrJ;r�•',� thi�Se�urity Imtrument and.Urll rontinu�to occupy thc Proprny a,B��nrncer'.prinripr.l re.ss�za:a ti�r at lui.t�1nc)ws afler + , � 3:�
<br /> � �!;;���: the date of urcupsnry. unl�M+ I.�nder��[herwitie agree.in ��nting. w�hich�oment,irall m�t hz uncw.�mably �vithheW.or unt�c. • �''.:�:�,r;
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<br />.:�E,.•:� , `:.,;t`:�';i extenuating circum�tance� exi�t whirh ure beyond Bi►rro�ecr'� rantrnl. Burco�ver . all n�u d:.�.tro dumu•e. or im a�r �h� :'.'�t�����
<br /> �•�,.•. • h y• �'' p .�_ ,,.,:,,�i°".•,.°
<br /> �'�-i����'=' •� Pro ert aU��w the Prn crt ta dctcrior.ttc. ur r��mmit wa�te nn the Pn�pcny. Horrowor +hall he in defuult if any forfcilure
<br /> '�,"�ri!1,, r P Y• P S '
<br /> :� ,.,, . action ar procecJing. whether c�vil ur crin�inal, i�hegun that in Lender'�guuJ�fuith judgment roul� re.ult in fi►rfciwre uf the • ;�,
<br /> `%:�+�+�!�;•:, . � Pr��perty or�itherwitie tnateriallJ impair th�lien creatrd hy thi,Scrurny In�trumcni i�r I.cnd�r',�ecunty intere,t. Bnrrrnvcr ma�
<br /> 'i�'�f • ' .: � rure sueh a default and rein�tate.a�prnc�ded in p�ragraph IK,bq cautiing the actiun or pro�:ding ti�be<li�mi��ed w•�th�ru6n� � •
<br /> ''�•� � ' that. in Lcader'. gaod faith Jctrrminatiim, prcrlude. fi�rtciture ��1 �hc BorroH�cr'. intorc,: �n �he Hr��peny ar uther m�tcnal ! .
<br /> ' • impairmem ��(the licn created hy thu 5erurit} In.trument or Ixndcr'. tircurity interc.l. Bu.:ua•er�Uull al,o hr in Jrtiault if �
<br /> �.?; Bnrn,a��r.during thr I�+an applicati��n pm�r.�.g��•c m:urnally tal+r nr ina�curatr infimnauun ur titutcmcm�to Lrudcr t�rr IaiI�J �
<br /> R,,,. . t��pr�n•ide Lender w�th any tii.iterial infurm:�tion� �n cnnnrciiun�ci�h Ihe lu;�n c�•iJeckrd h}�the Nu�e. includin�. but nn�IimueJ .
<br /> +�`�'•s• tu. repr«entatiom cunrrm�ng f3urru�ccr".urrup�nr� .,1 Ihe Pruprrl} a.a pnn.tpal rc.idenc�. I�llu�tircur.ty In�trununl i�nn a
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<br /> ;•„ . � lwtirhald. Hurru«rr +hall cumply aith .JI th� prm i�tutt� ut th� Ica+e. II Hurru��ar aiyu�t�� ii� t�[le �+� tltr F'ruperly. tlte .::, :
<br /> ' `� ;::; '. Ic:i�ehol�:ncJf:�he fec tiUe,hall nnt mrrge unlr.•l.c:nilcr�gree.s«titc uicrgcr in writing. ���•;z''�� .
<br /> ...!'�t�:�:.'.
<br />`;�.: �'� i,.`" 7.P.��1:c�ion of l.ender'+Ri{�hts in the Propert}�.lf Burraa�rt tailr t�i pertomt thc rt���,�n�ma�and agrccmrni,cuntairu�i ia , ,c:,.;�..
<br /> f;�.` thic Security (n.truateat.��r thcrc i.a Icgal prnrccJing that may �ignificantly affcrt I.�nJcr'�r.ght�in thc Prap;:n�• ��uch as a , '
<br /> ;�±���{<<; .,. ' ' procc«ling in t�:�kn�.�t�.. probatc. ti,r cunJcmnatiun��r fi+rfeitur�or tu cnt�,rc;lu►r.��r rc.;ulutiom�. thcn Lcudcr ma�•J��and
<br /> ,'. . pa)' for uhaie�er is r:�;��ary•U,pn�tat thr �:Jue uf the Pri�prrty �nd LettJ��'� r�!hI� in the Pmperty. Lender'. actium may ,
<br /> ,;.:,rr.,�• , inrludc paying att� .u��. +erurc�l bp a Hcn «hi�h ha. pnurit� uvcr �hi. Sr,;urity Imtnmt:m, appctirin�: m �•nurt. paying • : ,
<br /> . ,,,..,__
<br /> %' . ::;.,•..: - .rea�anable sttnm:�•; 1'ecti and emeriag�,n the Propcn}•to uiakr repair.. =11th��ugfi Lrnd�r mu}• t:tk�artion ontler Ib��p:tragr:�ph . .{•,',"•1.
<br /> i•��° •�• • � 7. I.�ndcr d��c,n��t havc tu d��,o. • :,:r�• :
<br /> . An} amnunt� di.hu�rcJ hy� Lrndcr undrr thi, paragraph 7 ,hall hcr�,n►_ a.Wnusnal dcht ul Hurr����•a� ,rrured hy thi� .
<br /> .~��� � Sccurity In,trumrnt. litilc..$urro�.rr:mJ landcr egnr u,�,thcr tcrm.�,f p���n;.m. thr�r:unnunt��tudl h:,u mtcrr•l trom thr
<br /> ��' • date of Ji.buncmen� .0 th� tiutc raa anJ .h.Jt hr pa��:�hlr. ��ith intcm.t_ up:�n nuti�c from Lcndcr �i� I�um��ver reyur�Ung =
<br />�`�� '. paymcnt. .
<br /> ' . - - , t3.11or't��C Itt�ul~ancl•. If Lrndcr rcywrcd m��rlLaLr�n.uran«a,a rundilion uP m.iAinL th� lu:ui.r�•urrJ h� thi.ti«unt�
<br /> k;. In.lrumrnt. &ttr�ncer �liall pa� the prcnuunn rcywrcd t�� m.,inta�n thr murl�agr in.ur:u�r� m effec� fl. Inr am rra,nn. dir - •
<br /> �•: mun¢ag�in.urancr rovcral:r rcyuinJ h} lxnder fap,r.��r.ai,r,tu h�fn�Ifrrt. Borru��rr ,hall �a� Ihr prcm�um. rrywrrd w
<br /> ��' � ' uhtain cu�rrag�+uh,t:inti:dl} cyun:dent t„thr murtgagr �n.ura»rr pre�wutilc m et(ect.at e cu,i .ub,lantFally ryw�alrnl m Ihe , . ,
<br /> � , � ro,t t�� Hnrr��«cr ul Ihr nwttg.igr in,urau.c prr��uu.h �n rtl�rt. tr�nn an altcrnatr irn,rt,_.iLr in.urcr :��pru�;�l h� LrnJcr 1� •
<br /> •t'`.
<br /> ' • ' �,; ; ., Form 3028 9 90
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