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<br /> Tl�e Futxls shall be held in an in�titution N�Itoce deposits ure insured by a falcral agency, inttrunxn�talu�. o
<br /> (including ixnder, If I.ender is sucli nn instiiutioN or in uny Fecleral Home I.��un Bank. I.cixler�hull upply the Fu�y tu pi�y d�e
<br /> [?uraw Tlcros, I.endcr rn�y not chnr�c flormH�cr fnr holding und wpplying the Fuixl.,unnuuily unalyriuy thc escrow•rc.ount,or
<br /> ve�ifying tl�e�:u�row ltcros,unlr.sr Lendrr pnys 13�rrmwer interest ot►ihe FunJs u�Kl applicaltile law permits IAixleno +n+►ke Fuch
<br /> a chnrgc, lio���ever, I.eixier muy�rcquiro 13urroH�er to puy nmie•Ilme churgc for;m inQe�x�xlenl rcui e.lutc inx r�pnrtin�urvice
<br /> u�al Ny I.cndcr in connccdon ���ilh �his loan, wilcss applicuble lu�a pru��idt:s otlu�r�visa Unlc�s un agrccnx:m is muilc or
<br /> appllculilc lu�v requires intcrest t��i� pnid,I.end4r tihull not he rcyuired to pay [3urn����cr uuy intert�l ur eurnin�;�nn the Huixl�.
<br /> I3urroH�er nn�l I.endcr muy agrcc in writinH,h��wtiv�r. �hut interest shull I�r: pni�l nn ihc ruixls. l.�ixlcr Fhull µi�•c m liurruwr,r.
<br /> without cl►urgc, �in +mnunl uccounting uf thc I�unds, .howln� crccfitw ui� dcbi�x to �hc Purxl,+uxl Aw pui�N�K fur whlch.u:;h
<br /> dehit tn Ihe FunJx Nvw nu�tc,Thc Fuixls ure ptr�lge�1 u�iKlJluunrl.rcurity for atl,um.�ecurrd hy Ihis tierurhy lminanknt,
<br /> If thr I�wxls hrld hy Lcix�R�rcrcrctil �Ik ankwnt��xrndttctit�o tw h�IJ by up licablu law. Lcixlcr shull i�:c��um t�� 144�rrnwcr
<br /> �01' lI1C CXIYrti I711fKIti III 71CCURI11tkC WIII1 lI1C I''C4UIRI11CIllh 1��:1(1pIIl':IhIC IYW. I�l�ic unN�unl�►0'thc I�uixl:. hcld hy IxixJcr u�ui�y
<br /> Un�i�iwt xuffirirn��u puy�Ik Ci�cmw Item�wh�n dur, txixler muy r�c►+x�Ufy&n�r��wcr In writing. ui�l. iii�unc�uK N�►rmwer
<br /> �hall p;►y tu t.crxlrr If►c unMnu�t i�ccwiry Iu mukc up d�c Jcliricncv. 13��rrnwcr�hall n�:ikc up �hr dcliriciky in iN+ nw�rr Ihun
<br /> iwslve nwnthly{wyrrKntr�,ul l.c�drr'c w�ly dl.creti���i.
<br /> Upnn paymcm In I'ull of ull �um� utiural hy �hi� Sccurity Instrumcnt, IA�x1cr xhall prumptly rcl'ui�l ti�H�►rrowcr nny
<br /> I�uixl�IecIJ hy IxnJcr.If, uixlcr pnragrnph 21, l.endcr shull ncyuirc.or scll thu Propcny,l�:�xlcr,prfiir�ii thc uryul�isi�m ur�ulc
<br /> ut�the Pruperty. shuU upply�u�y I�iu�ds hcld by I.,:nder ut ihc timc of ucquihiUun or s;ilc ai+;i cnvlit+i�aina�thc tiiuny sCCttm1 h,y
<br /> Ihls Sccurity ln�Inimcnt.
<br /> 3, AppllcnUnn of Puyments,IJnl�.tiq epplicuble luw provides othcrwiu�,nll puyn�cnt+r�tieived liy Lcndcr�mJcr parngrnph�
<br /> 1 anJ 3 shnll bc uppli�cl: rrst, to nny prepnyment chnrgcs duc undcr thc Notc: u;anxl, to unxwuts pnynblc undcr puragr..aph 2;
<br /> third,�o intcre�t duc;fuurth,to prinrlpal duc; anJ last,to any I�tc chnrges due���icr the Nutc.
<br /> 4. Chucg�; Litns. Aorrowcr shnll �Hry ull tuxes,.►ssessments,charbes, fiixs •rixl im�x>.itionti uuribuudilc tu thr.Pruperly
<br /> which mny uttain priority �ner ihic Securiiy fn�trument, and Ieusehold paynunts ur�rowxl rcnts, i�uny. l3orriiw�er�hall pay
<br /> IfIC\C ul�llguliini�ii�i'i�i��:iiiiiCP jn��V.:.�� lil h`�C«b:"3'Ca.T•? n!:f nn�n��jd in th:�t Itlanner. &vrower shall aay�hem on iinb directiv
<br /> to tlic percon owcd paymcnt. Barrowcr sl�u!!{ar.ur�rrxL; frr.r.ni�h.to Le�xicr all n��tic�.ti nf unx�muti w bc paid uncier Ihis puagraph, _
<br /> If Borrower mnkes these payme�its dircctby,Burr.uw•ec�f�adt pr4�i.T.i�tly furnish to l.eixier rccYipts evidtncing the payments.
<br /> &�rmwer shull pmmpdy cflixh;u:ge:any Lieee K•hich taas pr,ee�n..ry o��ec this Security Instrun�ent unless&irrower.(a)agrees in
<br /> w•r.�teug tc►the pr�yment t�f tlte c�lblig�r.i�tt�;�cur,ecf by the lien it�a rn�[�n�:c uc�ceptable to I.csnder;(b)amtests in g�x�d faith the lien
<br /> by. or clefends agsinst �ctforc�exnea4 of Rhe iien in. legul pnx-ze�ings aa:i�ict� in the l..ender's opinion operrte �o prevent the
<br /> cnf'orcement of ahe lir.n,�ar,(cb yecuees fe�vm the hotder of the lien aa ag��.:�titent satisfactary to[.etxier,suborcinnating tht litn t�a _
<br /> this Security Inst�i���lci�t. !f I.ee�der deterniines that any part of the Fra���n.�� is subjec:t to a lien�vhich m�ay at6ain p�nwr�R�u�er
<br /> this Security Instrument., Lerxier may give BurraH•cr a ncxice identif��ing the fien. Borrower shall sa�isfy thc lie�x or take or�or
<br /> morc��f thc actions sri forth abo��c wnhin 10 days of the giviaa�oF nutice.
<br /> • �. Hazard or Property Insuruncc. I�orrower shaU i;.�.ep thc improvenxnts now cristing or hrrcaftcr cre�.;rr.d on the
<br /> Property insurcd against loss by fire,h.�ards included w�itleer:a the term "extendod coverage" ulxl aqy olhC1'httdatr+.:�� including
<br /> flc►ods or flaxling, for which Lender rcyuires i�a,ur�nce. 'Phis insurance shall be nwintuinr.J in the acma�a��,ts arxl far the periads
<br /> ; that Lender requires.The insurance carner�ru��illing the insurance shzdl be choscn by 8orrower tim4�je.;;e c��i.erder's ap�roval
<br /> wi iCh s�a!! r�..�,:. G�T:.:.aCii1��,�S"l�:�:=�:� rs �:c�alTl1W/�!' f:11J\ fn n»intain c�oeraee dc�crebod abovc, L.:'1.�Lr m�v, s'�t�.tlldtC�S
<br /> option,obtain coverage to protect[a;n�lor's rights in the Prnqrc•r�y in accordance with para},raph 7. ,
<br /> All insurance policirs anc,?re�!:ewt�i��hail be ucceptable lo Lender and shall include a standard mortgage c1:,r,;;. Lender
<br /> shall have�he right to hold the ��ti�,;ies sqd,ti;nn�vals, If I.t:ider requires,lEsonower shall prompdy give to Lert�ct�ero9L,.-ri�ceipts of.
<br /> paid premiums aaa.rrnewal notices. In the i+�;��ni of lo�s, Borrower shall��i,a,:pmmpt notice to the insu�ce cArrier ariiti S.erde�. �•
<br /> lx�xler may makc�c�n��if of loss if not made�Ss�±mplly by Borcower.. � �' �
<br /> l�nless Lend�r,ixi Borro-�vcr otherwise Agxce in writing, insuranc:e�P:r��c:xds shall be appli��l to'.'s�estntation or rcpair nf t�li� ,
<br /> �a��y�:•riy den�eged. if the restors�tion or repair is economicaqy�S�asible aixi'Lender's security is not IesSC�ne'd•!f the rtstoration oY�
<br /> rapair is not ec�nomic�lly f�.asible or L.ender's security wo�xJa7 he lessenod, the insu►ance procreds sfit�il�l�be applial to the sums
<br /> securod by this Securiry Instrument, whether nc.not then xluc:, with any e.xcess paid to Bomc►we�i 9i�rrower abandons the
<br /> Pmperty, or does not answer within 30 days �no{i�x fmm Lehder that thc insururx�e carrier has o+'tzc:,-�:cl�o setda a clum,then
<br /> Lerxier may collext tke insurance procecdv.'7-ender may use the proceeds to rcpai� or restore UTe; Pi•ni±erty or to pay sur.0
<br /> - � sa:urod by this Security Instrux+nent. whet�xr nr nnt then due. The 30�iay period will begin whcn the q�x>'�itr is given.
<br /> Unless Lender and Borrc+wwr nth�aw�isz ngree in wr�tasg, any application of proceeds to pri��cipal shall not extend or
<br /> pastpone thc dua date of tht t�i:�;ut�ly,jr�avti�{;nts YeferrGd;tn in paragraphs 1 and 2 or chango the amount of thc peymenu. lf
<br /> - under paragraph 21 �he Property�is�ytqui��! �+y 7:tncter. �orr�a�er's right to any insuro�xe policics and procee.is resulting fron�
<br /> damage to tho Pn�pa;::ty prior to the acquisitiq�m shnl�pass to L.tnder to thr rxtent of the sums socund bY tt�is Security Instrument �',...,
<br /> - immaliately priy�r 42•�he acquisition. . � �
<br /> 6.(ArupNncy,Preservat[on,M�intenAncc;.�zec1 Protecdion oti�s J�roperty; 8orrower's l.oan :�la��lk�tion;[.es�ebnlds.�'.
<br /> Bc,rc�rwer shall oceupy, eswblish,Afl(j U5�(IIC P1YaJ1�S0y,i►�Dorrda�er's ptiincipal residrnce within sixty clays after the executicx�of
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<br /> ' this.Security Instrumrnt and shall continue to a;eu�+��.1h�Pru�eirty as Borrower's principal residence for at lesst one year after
<br /> - the date of occupuncy, unless [.tnder otherwi�e ag�re�in tirriting, which cunsent�hxl! not be unreau�utbly wittiheld,or unless
<br /> "�� oxtenuating circumstances exist which are Leyont� Borrower's control. 8o�rower shall rwt cSrstro��. dunage or impair the
<br /> Froperty, allow thc Propeny ta deterioratc, or commit waste on the Pruperty. Borrowcr slwll bc o❑ ckfault i(uty forfciture'
<br /> actiun or pnxcaling, whether civil or crimic�:�l, is begun Ihat in Lendet's good faith judgment c�ru�C:;.•;��sult in fodeiture of the �
<br /> Pruperty or otherwisc materially imFair thc 7,ieR created by this Security[nstrument or I.ender's scrurity intcrest.Barrower mey
<br /> '; cure such a default a►Ki reinstate,as provided�n,',paragraph 1$.by causing the actiun or proccxdinR to be dismissed with a rulinE
<br /> ;s, thut, in Lendet'g ,Aoai faith dcienninnE�on. �re,ludes forfeiturc of tho Borrowcr's intcrest in the Propeny or other [twterial
<br /> impainixnt of tt� lien crrated by this Scrv.�rity ]nsttivmene or Lenckr's security intercst. BorroweK sF�all alsa b� in dcfault it
<br />-.., &�rrowcr,durdng chc loan application procts�,;���1t maxerialGy false ov inaccurate inforntation or scatements to A.cnc!'�r(or faeled
<br /> t�provide Lerudcr with any material infomwtinn�in tt►r�nation with the loan evide�x�od by the Note,including.bua not lirteitod
<br /> '�f`"•' t���ps�esrntations�oncernmg Borcower's occupancp ot'the P�operty as n principal rcsidence.If this Security lnstrument is on a
<br /> Icaschold, dorrowcr shutl comply with nll thc provisiuns uf thc leasc. If E3o�rc�W�cr acyuires fec titic tc� t1�c Property, thc
<br /> ; Icasctiold und the fec tide shull iwt mer6c unless Le;ndcr agrces to tNc mcrgcr in writing.
<br /> ' 7.Prot�rtion of Lender'ti Rights iu thr Propertv.If I3orrowcr fail�to�xrfurm the rut�cn.uns;►nd ugr�emcnts c:untuin�d in
<br /> this Sccuriry[nstrumcnt, or thcrc is a legal prcxccding Iha[ nuy significunUy afTect [.cixlcr's rights in thc Properry (such as u
<br /> i� pmc��eding in bunk�uptcy,probate, for rmidcnmution or(orfelwre or to enforce lawti „r reguludrnis), then I.�:nJer may do urxi
<br /> �ay for whatever is necessury to �ix�tect thc viiluc of ttk Prn�xrty aixl Lcixl4r'a rights in U�e Propercy. Lcixler's •raions nwy
<br /> includc paying any sums scc:urec� by :► Ilcn which h:►s priunty ovcr thix Scrurity In�trunknt, :i�ryKUnng in a�un, �wying
<br /> n;uwnuble atrorntys•'fees aixl cntcring on th�Prop�:�ty to makc repain. AlihuuEh I.cixicr nmy take�tinn uixlcr Ihis paroBr�ph
<br /> �f t__'�__�____ .L....�• .1.. .,
<br /> � �� t.GIRIS�utn.l Inn��w.a.•v vv w.
<br /> Any anwunt� disburacd hy I.e�Kler wxler this parugraph 7 chWll F►cromc additiwwl deM of&�rrow�r sKUn�t by this
<br /> S4rurity 1n:;Yrumcnt. Unlcss Borruwcr.uxl L.cixler agrcti:io other�crm�of p;+y►ncm, thew�mxxmts �hall bear imcrest fnmi Ihe
<br /> dute of disbursenknt nt thc Noto ratc :ud shall bc pn��nhlc, wfth intcrcst, u�wn ix��ico I'roro I.cixlcr to ��rruwcr rcyuc�dng
<br /> pagment.
<br /> 8.111ottgaqc In.suran��e. (f Lcnder reyui►icd nx►ngiigc insur;�ixc as a coixlition of making�hc luan sccurc�f b��this 5ccuriry
<br /> ' Ins�runxnt, liairc►wcr shull puy dic pra:mfums rcquired to malntuin tlie tnoiiga�c insur.utrc in effc�:t. II', for any rcau�n, thc
<br /> nwnguge inswance coverade nyuired by L.�ix1e�I�pxs or ccases to be in efft�:t. Iium�wcr sludl psi��tt�e prcmiwns reyuirecl to
<br /> obtuin rov�:mge�substuntiully l:yuivulent ro illt nwrtgage ii�surance p�cviuuxly in cf(cc:t,at a cust sub+tuntinlly eyuivulcnt t�i tho
<br /> cii�t to Uirrua•cr nf the mortgngc insura�x� previnusly in cf(�rt. I'rum an:dterna�c nx�rtgage insur�r a�rnvcd by l.c�xier. If
<br /> . • P.oe t 4e• Form 3028 9190
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