|
e.' '�.._ , :_t_._ ``' , . �...._ �----- ..�:-- �=•"" - + -'?�`
<br /> ,R—�--x�., : - . _
<br /> � t � £ . , x4Z F � r ' Y
<br /> i � �
<br /> �a,,.r��' `� ' � �Gy q t L . Y t- _ x �'r� u - s._ <,/'�`r N L� �� , �� � Y s .a ._ l'-is�Y-� ' _
<br /> -T � �� t r -d�d5 .C:� � `a 5 c� `), .-a �'"-O �' - - � '-.ti..�.:+` s ��
<br /> . .. .
<br /> . . '.c+ . ` ' '.L-.
<br /> . . ,. . . . � ' ' . .....
<br /> �Q� uc..- .. 1 ,k.
<br />.. 4,� . .�f.._�:.
<br /> ,-•`.`1�.��'S�'�''.r Y� . .
<br /> '=-�"`-� • The Funds shaD 0B hetd fn 8n tn5f3utton ahoss 4eDasBa ere msured by a tedsr8l aganaY,�strw�dll.or entdy(6icL�dtn9 � , .`•
<br /> ,` r<'.�,� ' Len�r.U LartQer Es sncA en�on)ar tn anll �e�e1 6iamo Lasn Bank.lender she8 ePPN the Funds to D8Y the Eserow � - -
<br /> � ' lt�ns.L�der+naY nat eha�Bot�ourer far ho�and gAPN�B the Fimds.s�mueBY enelntn9 the eserow eccoun�or ver�yin8 `
<br /> . -'�`��,�, •• ` ., - the EsaroBr fmms. un(os9 Lander OaYs Barrower H�ffitsst cn tlt9 Funds and aPPUCabb taw p�rn9s Len6er tc maks stieA a
<br />. v�..: _.`-,-:, ,, cliscge, Mowevei.L9n�r ma1►raqu�e Borrower to Pay a ane�ima ehaige ior en tndepan8ent reat estata tmc �eAmtfn9 se�vtc� � --
<br />_ ,_�� ti use0 by Lender M cann�tton vr8h tdLs loan, untesa eADlkebia taw pravides aL'�e��se. Unt�s an ag�nent is mada or a .
<br />- . ;�.:;.�.� app6cabTe Cu�r es�r+ires tnt�est.W Oe pa[Q.lender shaD not be cequUed to pay Bo�w�et►y tr�tewst or eamings an tt►e funds.
<br /> 8artower end LanQer maY e�e0 tn v�B.hbweuer.that�►tsrest s�aB bo paid an the Eunds.Lender shaU gNe to Barrow�. � -
<br /> :,� �`,, wRhout Charge,an annual acccunting af the Funds.shOw�g aeQ3s and dabrta to th9 Funds en0 tiie pwPoss tat whfeh eaoA • f
<br /> �-�� dens so sna fwas vres maee.7ns wnas are o�ea as aaaa�ona�securay mr en swns secured ay tn�s Seairay►msuume� � d���;
<br /> ,�: �'_. ,.. ,s `;�
<br />� �� ,��'��">} . It the Funds�etd by LendEr e�xeed the amounffi perm�fed t�be held bY aDP�ab�law,t�nder ShaD accowrt to Borrower
<br /> ---- --�--��"��=�� ttir tAa�FunQs k�s�atdance vrRti the�eWtremants Ot 6pp�bi�faw.It Ne amount af ffie Funds hetd by lsnQer at 8nyr
<br /> R
<br /> � �:_..f.". �• the EsCrow tiems wt�en dae.tenQer may so no6Ty Bortovrer tn vrm�g.ana,in sucA cflse Bortavrs� �'''`
<br /> ,. .,_... _ tuna ts not suffictent t�DaY
<br /> ,_.%�y�. shetl DaY W LenQsr the emount nm�l to make uP the QeRclaneN.Borrowar sfiaD matce W the daftoiencl►!n ao moie than --
<br /> ' : .:� ttiveive monthN PaY+�•at lendets soto dtux�tton. r-_-.
<br />� • �•' .. .s. =
<br /> • .� ::. .�3: Upon Payment tn NA ot aD ssans s�ured try thts Securdf►tnsUUman�tender sAaU Oromptt�r re�r+d to Bmrawar 8rry Funt�s _
<br /> _ . .�.��..- ..
<br /> . _ � S` he��Y Lend�{f.unQer D�S�Pn 21.Lsnder shaD ac4utre or seD tRe PtoDetiY.IBnder.Pttor 4o the BC�Nts9ton or Sa1a of the . ��-
<br /> - - PaoDeris►.sha9 eAAAI e►�Y Furt6s t�eid Ol►tende►at tNo t6ns ot acquis&Ian or sa�es a creda egah�st the sums seCUrBd by thts , -
<br /> . " = gecu�gy Gnstrument , _
<br />- :` '..' �-�•'.� 3. Appltca�on ot Paymenta unress e�pucae� �v v�s ou�e�wrse.an aey�+�s c.�elvea br i-enaer und� _.
<br /> ,: `� � - ''- parg�aph8 1 ettd 2 SABD be aPAtiatk f�t0 enY DnaD�'�t���$�mte Wder thB Not�sesond.to emawus PaY�bie Ynder
<br /> - -�-��.:,.�� ; psss�DK�B�ud.p hie�sl du�fou�.ta pnc�ipat du�srtd tesf.to eeN late charg�du-a under the Note. • . --
<br /> .-- -:=\-'�� ,
<br /> � 4. ChaT8ES4; Ll�lis. Botrow� shaU PaY aU fe�s, e5sessmBMs. Ct�Bes.f� end imPoslNcns s�b19 t0 Ns
<br /> i:: . -�
<br /> ��� �,:�� ..�� : ProDertY afitcb may etffi3i D�► over thJS S�ufdY InsOurr�enL end teasshotd paym�ts or ground rents.B any.Barrowe�sha0
<br /> . ._ . • -: .�` pay tMese ob�tn Ms manner Dmir�ed 6� Qaza�aP� 2.ot�not paid fn Mat menn�.8orrower shaU PaS►tt�n on t6Re
<br /> , . � :!�5• dU¢cty to the pmsan o�sed ps�Imeni Burtower sha0 PromPt�►fmnlsh to L�dar s0 nottces ot em0unts to ba De�under tAls
<br /> ��'F� para�rapA. If Bo� makas .these PaY�� d�Y. Borrow� sha0 Orort�tlf► fumfsA to Lender c�ce�ts evEG�ci�9 the.
<br /> � ��: ��8nts'
<br /> - +�' . . Ann�a►Rf1lY 01�lrtD11Y diSCh8190�1Y OBit WhTC1) hSS DI�O[$y'Q��(S$�Ct1�Ryl 111S�U111011t 71t1(BS8 BOrtGLYBI: (8�Q$88g G1 ,
<br /> . '`',.� '�-' ,';�`� w�tng to f�e payment of tde obiiga�on s�anod by the Uen 6�a marmer acceD�aD�to t�der:(bi w�U�er.:=•'.�-"'-•�°c�► -�- -
<br /> ' .���`:� : •�s �y. m �fends a�Tnst eniorcem�t of Ne Oen tn fegaf Pmc�edln9g wh�;h h the Lendefe opinfon cDe� to pre�rent the •.
<br /> .;�.:.- '�a.`=�. to lender subordirtath8 the Q6n to
<br /> ' ,:.:.,..':._: `,:�4� mNOtCement.01 tha Qon.m�c)seCnces Er�m thB hG�el Ot M0 Iten en e9reament s�ciOry► --
<br /> Y , F.�,�� � .th�s S�rftY ItiSUumBnf.ii fi.e�'ider��!�Y Oeft of the ProDeRY fs subjeCt t0&lien whiCh m8ll 8t�in Prtor�►over t�is . . _
<br /> `:�:. Secur�y►,trtstrumen��enQer ma�91ve Bcrrpwe►a noflae tdeniH!►�8�e�.Bortower stieD eat}sN the lien or tatcs ons m mpre at _
<br /> . � the a�t►ons set f o rt h a bove w 8 h t n t 0 d a p s o f t h e 9 1�9 of notk�
<br /> e:_ �y}."" .._�:�..:'..� .
<br /> � �� ��"-' S. Hazard or Pr4p�Y Insurance.eorrowe�snan k�v t�e tmvrwanems now�e m n�aa��'•+�d on�e -
<br />�.� . �`}:�;'� PtOpsrty 615uted e�4tst tOBS by Rre.h8�mtdS frtetuded arTtTtin tetm'�ded Covet899�en0 efif Oth9!A9t9�dS.hCfitQhg f�Ods
<br /> ��..., :. . :.,_� or ttooafng.Por whtch LenQar reQuhes �surenoe.TRts tnsurance sha0 Oe maEntairted in the amounts and for th9 P�ds that
<br /> r
<br /> 1. ,. LenQer re4��The tnsurance aarttor provlQing the insurance shaD ee cAOSen by Boaower sub�ct to L6n68fa a�pretiral wMe�
<br />_.��.- .' � . ,:��-'i` _.
<br /> fr �4 sAaO oot 6e unreasonaby svRhhelA.if Coaower fa�s to m�atn cav�a�desc�ed abave. Lendat maY.flY Lendefe oDUan.
<br /> [•_»�_�._..:..._.'_.;L i Obtatn cov�e$s te Crobst.LfxsQals rfghts fn fhe PropailY In aecordance w8h paraSraAh t. �..__.
<br /> �` ;:•.., .. �. ;;���
<br /> � :: , .. �;: AU insuranee Po�las end �newats shaD be acceAtab�to I.enQer end shaU �,cLda a smndard mortgaSe cBtuse tsnder _
<br /> - - - `�'' sha0 have the f�h!t0 hotd ih3 Po�les end rar+ewab.H I�nder tequhes. Borrower shaII PrcmD�Y 96ta to t,�dsr aD rece�ts of __-
<br /> '.::^ � � pe�D�niumc end renewa�ncttces.In tt�A event ot toss.Bortawer-shall 9h►e Promyt notke to the fnswarice oanisr end Len�
<br /> ' t��r maY msice Proof of�oss 8 not rt�P��A�Y bY Borrawer. , -
<br /> `.�r;;: •. to�estoratton cu�atr ot the _
<br /> s r;f�:.;i:�'::.�_.��:� �� �"s =-
<br /> �:.� Un19ss Lender end Earrower otherwTse agto9 b�tvfdJng,�surance ptoeo�d9 sAa4 da eppUeA
<br /> ' �(,4 �PropedY Qartia�ed.H th�a�esteratton or repaV is economk�ty teasbb 6nd LenCefs v.auftll is not Iessened.t4�E�'�tora4tort or �-
<br /> ' }� • � �aY ts nat economlcaUY teasible or lendefs seouflty woutd be iess���t�o insurance procee6s�aD be aDP6qQ m the sums �
<br /> ��1'.`,..:.•`;..-�`���' �..
<br /> �, .: . SeCUt+ad.by this SecwfftY Insbvme� whatAer or nat then Que. wC`+.�:'Y exce�s OaIQ to Botrower N BorrOwet eb�dons Ne .-.-
<br /> - � ' Property.or daes not answ�wfthh 30 daYS e nottee trom LenEer Btai the insurance car�fEr has olfiae0 W settfe e cffiir►.th� . _
<br />� `.:'.;�� .; . �� tender may coft0at ttre �suraece PraceeQs.lsndar maY use tha Proceed9 t0 �or rsstore the�Op9rtY'or to pay eums �.-__
<br /> '::, ." secure d bY t h 1 3 S e c u r�l U�,ri u m e n�w t�e t h e r o r n o t t h e n dus.The 30�daY Oeriod v�b t�n when tt��noUcs is pNen. ..
<br /> -, , . ,•: • Ocatlon of flroceeQs to C�Cma! sha0 not eoRend or �-`.
<br /> I�" • -: Untess I.er+der ana Bortower otherwiso e�es fi wdtin9� anY eDP
<br /> "� -°--�; �. poslpane Ufe Que�to of the montby payments referred to in paragraphs t end 2 or clf�nps ths a�naunt of tAe ptymants.if • E:.
<br /> �. �. �._ "�.'�, � "
<br /> ,� , � ; under para�aph 21 M3 FroD�Y����d by LenQer. Baaowefs dght to mry tnsurenCe OoF�rs�d procasQs�esu�inp tomi
<br /> � _� _`...�: �rnage to Ma PraD�QY'D�r W the acquts9ton aha0 Pasa to LenQ� to the �1 of the sums secure0 bY Nis Seeurdff �'
<br /> I n s tr m n e n t i r u�a t�r r.��►t t o t t t a a c�uiaS�. • _.
<br /> ��T..�. � �_. ...i:; B. Aseupancy, Presan�atton. Ma9ntensnce mnd t�3e�tion ot the f�c�,�vty. Boa�ativer'a 4oen _
<br /> + AppQ�Oliori; Lea�Ehoitte. Borrrnva'shsu occwvv.esmeusn�eerrOvsetne Proverty►as Ba�s Pmetpaires�denca weNt� -
<br />�.;"•._.:....;...� . .', 5
<br /> � Strty Qayg Ot�r th9 e�9EUtton ot thb Sa.wr81+ Instroment and sha9 Cnritinue to ocCUAy tAe P.e�r31Y es Borrowars pMcip27 �-
<br /> residence tor at t2ast tne year efter the date ot accuDancq.un�iss Lertder ottaerwtsa e9�es tn,�r�,ig,wnscb consent ahaU not �
<br /> `�,� be untessanabty vlrt�Y�f. o*unfess maFmuating cUeurt}smnees mctst wAleh era baynNd Borrowefa oontrol. BoROwer shaD not ��_
<br /> ��'''�_:�,�:.. ��:
<br /> . . QBStroY.�9e.or ir:�atr the ProDeRY.etf�ow tDe ProD�Y to dafo�orate.or comr�v,8St9 on the Properh►. Botrawer r3haD Ea B� ::;�'.
<br /> �, . : .•_ .. . �'., Q�au9 B any toReEure ection ar procaedin8,whether chr�or cfbr►ha�.is begun tha1 in L,enQefa 800d fagh juQ�r�nt eouTd ra5u$ - . �_.:
<br /> .. . U foAeil+�of ths FroP�Y ar othsrnuff68 mat9tiaW ImDat the Uen cte9tad bY tht9 S6CUtaf►Instrum�t or Lenders ssCUrity hteresL �.
<br /> �.. .::•.. _•:.,.l�. � Borrawer may eure sucA a QafauR and rehsmto�. 89 P��d � P�9►8Dfi 18. by caus�g the scUon ar proCeedi�g to ba �:
<br /> - . � � dtsmiss¢0 v�fdt�a nit�9 M8L 8�LertQ�a Sood taHA detePrrifietton.DrscNdas Po+t�lure o!the Bortowefs interest i�the Pro�tyr or F
<br /> ' oth�mateAat tmpalrment of the Qen CrOatod bY����Y tnstrum�t ar Lende�s secufdy interesL Borrov�er ehM stso he� p
<br /> . • tefse a►fnacourata Mammtton or statements to I.end�(ar �
<br /> . detauD B Borrower.durtng tha toan aPPIIcatlan proc�ss.9ave rt�B!' �
<br /> . . fa4a0 tn D� Land�wHb �rry mat0r�1 hfartnatton) in eannaeUon wM th� foan ovtd�nced by the Note. Enoading, but not
<br /> Gmimd to.raPresent�n9 conc�n�ng Botrowers ooeuDanaY at the PropeRY es e P�c�al�tc�tae.if thb Secu�Bll InsWment ts
<br /> an s�asehoid. Borrower shaD eon�N w8h aU the OrmrLStons of the fease If 8omawer acqutres fee tT�to the ProAerlf►.the �
<br />� .'.., • isasehotd end the(ee t�ta shsU not merge uniess tandsr agrees to Ne me���9� �
<br /> �,: y . . Porm 3044 9t90
<br /> ` " tt890.LMO(t/89) va90 2 of s �
<br /> --
<br /> .�..- ,. ,_ .•.
<br /> �-.... -''-- �-`_ •,
<br /> �.. '. • �
<br /> :�. . .,�, s• � . Y7II44
<br />
|