|
71�j M JY'df{{iW�(WilifAi:.��N:• _ ......� �.u.:.�..�,f7�79�i..rr�—_ ._.... _- ... -.. -
<br /> '._
<br /> �il�}��..._.�.._..__— - .�_.0__—_ -� — . _—.
<br /> t,M►d4r nwy,�1 any tYn�, coMct�nd hold Fundf h �n�nwunl nol to�xcwci ttM m�ximum��'+ou^�� M^d�ror s Nd�nNy r�MMd maq�0�
<br /> � �Y �yr�pr �qrow�ft«eraw �ocount undM tfa NcMr�l•FIMI�f1aM 9M1Mn+M+t Prt►cAdwN Act of 19f4 u anNr►cf�d kan tlm� to
<br /> tNw, 1� U.�.C. !!Ot M�iq. ('�A�'A")�w►IN� �r►otl+�I�w tf+�l� to lh�Funds �lt� 1KNK amount.If�o,I.�nd1t rlMiy,�I sny tYrw,
<br /> ooMcl md hold Fund� In �n �+uni nol lo wawd th� IwHr �rn�wnt. I.�ndw rr►�y �tYnrM lh� srnounl of AxMs dw on ttw t�i4 0l
<br /> t�urt�nl cMt��nd nuon�bM NIYn�IM of«q»ncWvns ol luk�n��orow IUms or oth�rwk�h�eeadane�wkh iy.+plkabb Mw.
<br /> TM Funds �h�1 W Mld h an halNulbn wh4M drPOakf w Inwnd bY� hd�ral aqN►cY, In�tru�t+rnt�►kY� or MIMY(hcludh9 L�ncMr� M
<br /> Undor k I1uCA lut YnttNulion)or In N►y F�NnI Hom�Lan Dar.k. UndM'�h�M �ppy Ih�Fundt to p�1y Ih�E�Crow It�m�. L�r►tlsr rrwy nol
<br /> ch�rq �arorwr Por holdkp �na �pp�yY►p Ih�Fund�, �nnwMy�n�y:inp th� Kerow �ccoant, or wrMylnp il»EsCrow Ilemr, unlqs L«�d+r
<br /> p�ys HarOw�r Inl�n�t on tFN FunW �nd�p{►MO�bM Mw pKmlli L�nd�r to m�k� �Wh � ch�. How�wr. Und� may rpuln BorrowK lo
<br /> pey a oneth+e c►+arps Iw�n IncMpend�nt nal at�l�!Mx nporthp tmr{c�uo�d by L�nd�n c�onr��ctbn wNh lhf� losn, unNs��ppNeabM Mw
<br /> prov{� oNwwlN, UnIM� �n prMrmni k rtyd� a �PDNabN Mw nquinf Ntor�t lo b� P��� Unda �hal not W n4ukW to WY
<br /> Opnpw�r�nY InNtMt pr Kminpl� on tM FuncN.BOrtowK�r1d 4YntNr rr►�y�pr» In vr�MNq,hov+ww,th�l Mt�nMt sh�N b�p�ld on fh�Fund�.
<br /> l.�nda ahaM ppr�to ltarow�r,wMhout cMrtp�,�n�nnwl�ecaunthp ot tM Funda,ehowinp endN� �nd MbN�to tM Funds�nd th�purpos�
<br /> 1or whiCh Mch dM�k to fM Fundf w�s nwd�. 'flN Fund�at�pMelp�d u�ddklond s�eurky la�Y wms tkurM b�thN S�turky In�Wm�nt•
<br /> 11 IM Fundt hNd by UndOr �oeeMd tM nmountd pslmklNf t0 b� h�ld bY �pP��y kw, Und�r eiNIN rCeount to BartowK fw t11�
<br /> ����Fundt in �ectxd�na�wkh tM roquir�nM�l� of oppMC�bM il�w. If th� 1lmount of tM Fund� h�1d by L�ntM►�t�ny timt N not suiliCMnt
<br /> to p�y th�E�crow INms whm du�. L.�ndK rrwY •o �o�MY SorrpWw h '�rllinp� �"d, In suCh CaN BMrOwM th11M p�y ta LortdM th� �mou��t
<br /> � n�cNary lo m�k�up IM dMlcbnoy. Bo�ow�r sh�M rru�k� up th� dMfcbncy In no mnn than hwfve monthy p�ym�r,lx,at�.and�r's soN
<br /> � ditcntbn.
<br /> Upon p�ym�nt in IuM of �M sums acurW by thk S�curky Insln�m�nt, I.�ndw shaN prompty nfund to Borrow�r �nY Funds hNd by
<br /> LK►d�r. If undr PwWnph•xt, l.�nd�r s1u�M k4uin or tMl th�PropMry.�M+du'�prbr to lh��c�ukkbn or s�M a►tw�PropwtY� thil�PPy
<br /> �Ay Fu.edit Mkt by[.�ndu�C ine iinw oi iwyii�.k:�� :.����;�4•:'�:.'!�„�,�t"•.��!••'•-',•!"! '!'!'�urnd hY thM SM:urNy InsE[t►MM�t.
<br /> 9. A��k'�Oil Of �IIy1Af1Y111i. UniMS�pP�CWii ii�provl�'iwC GttsatwlGi,s��?iy�rnttts roCeMed�y lxr�tl��W�Phx 1 �nd
<br />, 2 sh�lt b��PDIf�Nnt, to anY PnP�Y� �h�+�s dw u^�r tM N,W�: e�cond� ta �naunts WYaI�W uncN�p+�rqr+�Plr 2: thkd la inMrat
<br /> d,w;1a,iry+.to pcinC��l dw;and kst.t0�ny 1ab Cha�s ciu�w+dK tM Hab.
<br /> 4. ChM'�Si U�M. BortowNr sha�p�y aM Wo�t..saKSrrwnK,ch.�s.w►.s.nd rn�osK�ons .�rrnu�wo.� en.P.op.rtr wF,��M.y
<br /> attRfn pMOrky owr thk S�u�ity Instrummi, �nd INSN+oY� Rayrrw�b w prau�d r�ts, i1�►�. Borto�ww sM1 p�Y thaM obNp�lbns M tM
<br /> m�nn�r povW�d in pu�pnph 2, or IF not p�ld h that m�nnM, BorrowK thaN pay tlwM ort tim� clincty to tM y�son ow�d p�y�rwnt.
<br /> BpROVrK �h�1 promply lumkh to L�nd�r �N notic�s of �mounta to M pdd und� Mk p�r�pn�ph_ M 8arow�r mat.tu tAa� Wyrn�nft
<br /> dYrCtly, @otrowK tl►�M prompty hxnMlh to L�ndM hCNptt wk1M�CInO�P�Y�n.
<br /> Baro�w�r shaA prompty dkcherp��nY N�n which h�s P��Y ow�r Mis S�cudtll �snunwnt unbsa 9oROwK:U1 �� in wrlthp eQ tM
<br />" �IlytrMnt M tM iDbMp�tbn s�CUrW bY th� Y�n In � mfnrMr �ct:�M�61� to lM�d�r:(b)eont�sts In yood iakh th�fIn bY� or dN�nds p�inst —
<br /> 3 enlorc�nt at tM Ym fn,Mpa�procMd�nqs whh,h In 1M Lendw's opinion opMaM to p�ant tM�nforoM►bnt of ih� Wn;ar(c)s�cur�t kom =-
<br />� tht ho1dK of the N�n�n�pr�am�nt qtitNCtOry l0 LMIdK �uboronalnp mr wii� iv ii�u.zl:iti�i �RG�'�i7i..~it. !!�.�,'.",�'«,.";L!!!!!�!� !A!t �!y ,
<br /> 4 prt of tM PropaAy Y subJ�ot to�Mn whbh may�tt�in priorlhr owr Mi5 S�xilY k�skum�nt,L�ndMr muY 9� �Q'�'a nollC�IdmtYylnp
<br /> - the IMn. 8a►ow�ah�N atbfy tM Nen a tak�or►�or mor�ol th��Ctbns eM 1oAh atlOv�within 10 clux9�i th� pMinp ot notic�.
<br />, 6. Hwrd or Property Inwrance. Barrower shaN kMp th� imprownwnl��u�,�a��n�o-r fi.namr eneHd on n» �ra�
<br />� innund �fnst bta Dr frp,h�r„�rds includ�d withi� the tsrm "exhnd�d Cown�p�" ens£�n��r otl+�haards, Noki0lri� floodt or fbodinp, la
<br /> a : wh14h LM1d�►rol.�utK k1ulr�IpCO. Thk h6u�tnC�shaN bY 1n�intllrNd In 1M YnOU�ts and 9or tM p�riOd!th111 Ulndlr�eRUbM• T1M h�IMarM.`�
<br /> - � Qart� provldhy tM hsur��.thaN b� choan by BorcowK �ubjoct to lend�s approv�l which BNeli not b�unrMSOnaby wkhMld. M
<br /> 8ortow�r Mf1s 7o r►NMtah eov�nQs d�scrb�d �bove� L�ndK rtKri �I l.9nd�s option, obtah coverapa to proMOt Und�s riphn N th�
<br /> PrapwtY k►:Accvr�na vrkh perw4nph 7. .
<br /> ' qll hµ�ranc�ppNcht and rw►�w�ls shaN W�:c�pt�bb to LendK�nd shaN htluds�sUnd�rd morlp�p�ci�uN. UndK shell h�w lf»
<br /> 1,.•rlyhl to hold th� polfcMs�►d rMNwak. If Und�r r�qulnit,6orrow�r sh�N prompty plw to UndK sN nc�pK of paW pnmYims�nd nrNwrl
<br /> noN�w. In th� �va+t o}bs�� Borroww�haM pNe promPt notb� to th�infuranp cani�r�nd UndK. I.�ndM'nuy m�k�proof ol ba M not
<br /> _ ,n�d�prpmplly by BdrovrM.
<br /> - Unbs� L�ndK �nd Bonow+r otMrwb� aqrw In wrkin9� inaunnc� pra� shaM Es applMd to r�slaatk�n or nprM of th� Propatr
<br /> � aiat�rp�d, M tM r�ttontfon or r�ir b �conomlc�lN �eas�b�e �nd t.�nclw� s�curity Is not btansd• If ths r�ttorallon or npair k not
<br /> :
<br /> ', oconom!cay N�sbM or tando�'s acurky would b�Wsar�ed,th�hsunno�procwdi ahnti�appN�d ro th�su� securnd by thi�e�cwRfr
<br /> kfsMurNnt, wh�thK or not thsn du�, v,lth �ny ac�s� pnkl �0 9orrower. It Bortow�abandons ths Pro(�Ay, a dw�not�ns+vK wlhb 30
<br /> -- day�a net�e from 4�nder tl►�t th� �nsunnce carti�r hat of(rW to aottb a clalm,tMn I.�ndrr may aolwcl lM Iniunnc�procNds. t-�ndM'
<br /> � may utW the ptocMds to �epaM or naton tM Propwty or to pay sums socurYd by thb S�curity tnabum�nt, wMtMr or not tMn dw.Th�
<br /> : 3ty.day qYrbCl wpl bph when?ha notiC�k piwn.
<br /> y � UnNa.s LMd�r u�d BOrrower oth�rwis���a h wrkk►q,any �ppNCation ot proCOt�ds to pnc�lpal thaN not �d or postpor�tM du�
<br /> deN ol the monthy paym�nts nternd to k�pu�pnphs 1 and 2 or che►q�the unount�ot tM payrtwnn. If undu p�npnp�21 tM Pro�ty
<br /> � Is �cqufnd by Lend�r, Bortow�r's rqht to any Insunnc�policl�s �nd proC�Ws resulthy hom d�rrw�p�to th�PrapM�iy prbr to the�cquhRbn
<br /> � ahaM p�as ta undK to th��odent of the sum�ucund by thk S�curity Insbum�nt imn��tsy p�b►to th�acquMklo�.
<br /> � 6. Occup�noy� Preservatlon, M�Intenance �nd Protactlon of the �roperty; BorrowK's Lo�n Appllcatlon;
<br /> � � �QMOh01dr. Bortow�r sh�H occupy,Kt�bNeh,and usw th�Propwty�s 8or�aw�s prY+c�al nsklena wkhin skty d�ys�IIK tM�onCUlion
<br /> , o�thk S�r,uvhy Intwmmt�nd sh�1 continuo to occupy th�Prop�ty as Borrower's princpal noidenue fpr at IMCt OM yMr�ftK th�tkt�of
<br /> 3 pccupine.��arn'kas�UntNr otMrwls��qnes in�+�►kin0�wh{eh eons�nt shala a�ot be unrsasonaby wRhh�et�,ar unMse sxbnu�tYp airc�xratu�s
<br /> � pckt whfah:�nrs b�yond Bca'o�rw's G��• 9orrowsr shaM not dsstroy, ¢lnr+�a{�or fmpdr tht PtqQnrty, rtbw tM Prop�rty to dMrin,,a'm,or
<br /> 's ¢e�exnR wai�on ths Prop�str. 8orrow�r sh�!1 b� n dr.huk M�ny ie�'tun s�Ctbn ev 9r�eee.eFny� �aae�7[�r eivM or crin+kial,le b�pun;1hN In
<br /> i ',I.Mdh's G�d hkh judpnwnt Could nsuR in bewid�nt: �T'�� Pra�Sy.a atha�wdsD nn2ajMNiv, I�.py"r th� liln cnot�d DY this Srcurky
<br /> InitrunwnE'a�l.,�ndws e�CUdty Inbroft. 6orroww rewy Ct��e 6ueh a aYe71�uR ord rWn;Ra1e,ag Dn�sAete�3 in D�Dr�Ph 1e,by Causin0 tl+��Ctbn
<br /> • cr proq�d,iiq to b�dkmiss�d with � �Irr�tR�t, in Lsnd�s q�od fii�r tlotArmhstftrn�'Prscluolis�9��r�n�vn of tM Borcowa'a inMnst In th�
<br /> ' a..�.,..�„e�o�har m.wW Mro�hsNnt o1 the wn cn�wd bY this S�currty r,�erum�nt e�.��d�"� s��L:m; qnKSSt, eorrower shae�fso b�in
<br /> defauk M Bortow�r, durhp tM lou� apPlication proeess. �sw rn�evMMy tals+ u iroaier.�'n7•a N,Or.�9�SOn'or ShtM�M�t6 t0 LNfWr(or MNM!o
<br /> provid�Und�r wkh any rtwtKMt htomMtion) In conn�c!:�n wa�tM Io�rt w�nc�d h�.:,.*.e 4V�t+�u��tudinfl,but not MmN�d to,n�x�w+tatbns
<br /> concMnhp 8orrow«'s occ+iWncy of lh� Property u � principal rasidrnor_ tt cR[s Saurity Ina�r,yrnmt Is on� iwaN�old. Barawsr shW
<br /> comply with �N th� provkfons of th� Naas. If BortowM �equhn fes tifw to tAe Property, tM isasehoM �nd th� he tkM sha1� nat� merpr
<br /> unMss L�nd�r�ynM to th�m�rgK N wrRlnp.
<br /> Form�02e Y/oo
<br /> ��ouu.�MO is,a�) v�p�z of s
<br /> Yl)t 16
<br /> --- - �- - .___._ _ . .. . . ._.._ __ .- -- .
<br />
|