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<br /> 'i'II� F'U1MIK GIfM�I bG f�CIiI in �n insNtution whoce deQcx�ts K�� insuresf by a falerul agency, in�friflSientN�fii�, �� �r C�tY
<br /> (Including L..en�lrr,if I.tnJer iR auch an institutionl�r in�ny Falcn�l Hume��an Bxnk,l,crxier shs►II apply tf�c f�uix s lo pxY tha
<br /> �i�crc�w Uerns,lxnder inay n�+t chYrgc A�►rmwer ti�r holding and applying thc Futxf�,annuaUy�nulyzing the esc�c►N'uccvunt,c�r
<br /> vcrify ing ihc f?srinw[t�ms,unless 1.K�x1or Ik+yx Barrow•ar interest�m tlie Furxls und wp{�1lcable l�w}+r,nrotc!x►d�r to nu►kr such
<br /> acharge.l��e� in �n►xi.rtic�nYwithu lhi.c�loan,�uni��a�p�i Wbic�w pgovides athtrw��c.eY�lnlesscun tagn.-Cnw�ni+lb»k'��
<br /> u�cl by Borr�tiwer an interest or errt�in �c on the Fundx.
<br /> applicoble law req0ircs irotercst to tre paid. L.e►�fer shxll►Wt be requiroci W�+►Y y va to &�m�wer,
<br /> Aoirower ard 1-enJer nwy agra i�ti wr�ting, howcver, Ihat intere�t shull tx puid��n Ih�Funds. l.cndrr sha11 g
<br /> u•i�hout chur�e. �n annuai neecwnting uf Iht Funds, �twwiag cralits und debits to the Fwxf.arxl thc puRx��e f��r which euch —
<br /> dehit ta ihe Fundx ww madt.The Puncls are plydga�u�+�1d����na1 securiry for ull sumx securcd by�hic Saura�y Inxtrumen[.
<br /> !f thr funcls held by Leixler exceeci thn rmuums �xnniuui to he held by ap IicHhle I�w. I.cix9cr shull u�count to&►rrowcr
<br /> for ths�i�+affi�ent to{+�y tho�Eccmw� It hmsrw�hen duc,�t.e�xl,e�rpn�Y so'ixxifYf Horcawmccwr nn�vrit n�,encl,n!uch ca:u;&i n�w�
<br /> lin� i
<br /> slw�� pay to I.a�xler the uu�uu�it ntx:es�ary ta m�kc up thr defsiency, Borrower sh�11 makc up the deticicncy in n� nx►rc than
<br /> tWClve rn��rnhly paymeo►s.ot i.cncfer's snlc discretion.
<br /> Uporz paynknt in full nf all su�ns secured hy this Sccuriry Instrumem. I.erKicr sha11 pmmp►ly rc(und io Hon'nwer nny
<br /> Fnnds held by Lcixler.If,under puragraph 21,L.cider shalt acquirz or ccll the Pmperty. L�;ndGr, prior to the a�quisilion nr xale
<br /> of ti�o Pmpeny, shall apply nny Funds Ixld by l.ender at thc timc of�scquisition nr G►le as a eralit ugninst the sums�ured by
<br /> ihis Securiiy Inxtn�ment.
<br /> 3.Applk�tbn of Payments.Unless aQplic�Ma Ilaw n[ovides otherwise, all paynxnts receivexi by I.e�ul�er u.ixlcr pAru�rrp2s
<br /> I and 2 stiall be applied: first, to uny p►.epayinerN c�arges�ue uncl.er the Nnte;secoiYi, to a�mxmts payaba:=ur�i�r parab ph
<br /> ihird,ta i:Yurest duc; fourth.to prin,�r.Raf cfu.�:;ar.x,t ta:s�r,to any L:�te cf�ar.Kes duc under tha Notc.
<br /> a.C1h�es+Liens. Bortower stia[I paX ald: tax�s,assesser.►�nts�rharg�e�. fincs a g impc�iei.�n:>�:uriMa:t:al�le i:�tl�,ee 5�Y
<br /> W�;.�M.�,a.W att�in oriority ovor this SocunkY Itts�truntoerx. a"�'��°I�: m�nts or roarxi: r�'nQ�oif.�y���cxi time direcllY _
<br /> cf�:+�e�+�lFga��►.e in the mauuxr proviciad ica pac�gnPFn furnishkiu'�.�.r�a!!�ces or amo+��s to be paid w:nder. this paragrnph•
<br /> to ttee per.:�ao.�aM�ai pxyAx�ent.&tirrawsr sRatt poc?mpt•�r
<br /> If Be�rrox.erm�a�,Ices these paym,eMs dinoctix,HornoM•er shall pmn�t6yr ftirnish to 4�nder recei�ots evidenci�,t t�Fiep+iyments.
<br /> 9onr«v��R shall pro�iptly discl�arSc a�r.p lien which has pnont�r over this Socurity lnstruLr.iea�t unless Bo�rrow'er:(a)�r.r,es�in
<br /> writing t�r•9,�s•TPaytne�a c�£che obligat6Qeh;.��aa#�ci by thr Ilen in a an`n�rK h h in'thc lxrxier's�op nion�opera�f prc�t Ithe
<br /> by, or d�fe��i;.s�gxinst tmfarcement oYt.ull,y�lien in. legal proc+ee.E'iTc:'.^'.
<br /> rnforcemo���f thc lierk,�o�r ticj secures from the ho��der oC the lisn�r,�r�,yceernent satisfectory to Lender subcxdirwting tho lien to
<br /> lhis Security Instn�rr�rn4•. 1;'�.ender detcrtnines th�t.s�rrX part Qf��.}'�oP��y is subject to a licn which rnay aC',a�ln priority over •
<br /> ihis Sauriry I•nstrunxnc.,��,^;ixler may�,ive BomoWex;��n�titt.ident��v+ng the litn. Borrower shall satisfy tllnel6m.n,or t�ke one pr '.:
<br /> more oF ctic octions set forth above wi������-•�0 days uf thP�ivip$a6 rnitrtice.
<br /> 5. ��� or pro�y j��i ,�. Borrower shall ke�F�c[ae improvenxnts naw existing or a��e��s, inc��. .
<br /> Property insured again�1nk55 bY fire. �ds includal�'This nsun�ice shalu�c ntainod in the aymounts and fos the pariods � '
<br /> Ilcroclsor fluoding, far±x���r'Lender raluires insue.wnss,
<br /> :�s. ����r rrnuires.�'iEr'e'irsurance carrier provldir�f;r„�� insurance shall be�@en�by B�rt'Ower subjec�: to[.ender's npproval
<br /> which,sh,alk�,c�t be uelr�st�bly withheld. lt �iornq,cce,�fwis iu r��:izta's���v,.�o� ._sA!?hHi ebove. Le�a�e:xnaY, at Lender's
<br /> uptiop,cn�,�.rh`w.,v.+�r.�ga'to protect l.end'er's rights in tTn,�Property in�er end shxllt�i�x.�lud��►.an�ard mv��n(�c d�►use, .l,ender .
<br /> Al,R ir,slrran�a';pblieies and renewals shall be acc�cptable.l�,�, '.
<br /> shall havetl}�:xight,�ta hvld thc palicies and rcnewals.lf L,e�nd,et'r�(';��:iresBBorrower ih otP�oothe n u�rs�x.^�c,r,nq���r'nc�rr �.
<br /> paid prcrniuMS��.r4newal noticati.In the event of tox�,•1'B�,isr�6v�r$hall ivr�pr.qmp . . . ., .,. ,• ;. ,
<br /> Lendcr may nwtce prodf og loss if not made promptly'.b�r�ore�otiver.•.� I�ed to nstorntj�n:�r,uep+ii�i'of fhe
<br /> Uniess Lt�der anci 8orrower otherwise agra i�i wnuang��'�is�ur,��x'.�p�dS st►all be app' .I• .
<br /> ' �ny dp��,if�rPCrnrarinn nr rrp;+ir is eu�nomi�plly;.fe�'�i��e����cr's security is not I�I�T1 1►od to°tlfa sums
<br /> tcpair�s r�{t�^o�xN++�'Allv feasible or Lender's sxltriry.�V'v4ulc�be�e�.t¢na1, the insunux�e pmcaods oPP
<br /> secured hy this Security�lnstcument, whethCr .ot qot t�Ciliclub;�v6slx smy exo�s paid to Born�wer. If Bortower ebandons tha
<br /> PrnpeRy.or dvrs not answer within 30 days a►�4t�ce i'rorn��l;ei�le�•t6at the i`.ocu�na cacri�thas the Propertytor to'PkY s� ,
<br /> [.endor rn�y oollect the insuranoe.proceeds. i.end.�r may;ure•tlie praccal {► 1:�
<br /> securod by this Security lnstrument,whcther or raa fhen,due. 'rtw�aY P�ri°d will bcgin when the notiac is giveo.
<br /> in wtitin an �cntion of praoeods to principnl•shall not extad or ' ',�:t1.
<br /> U�1� 4ender u�d Bomowor othervvise sgroe ' S,. Y �
<br /> postporw�he due datc of che monthlY PaYn�erts rofsrred to in pi+ragrophs 1 ar�d 2 ar ch�►81ic ea,+ud pntrocoeds!+ewltin�fi�omf
<br /> undp�p�hgrar►h 2 a the Propeny is acquitod by Lender. Bon'olyer's.right to�ny insurance po
<br /> da�r�e w�he p��puty prior to the acqwsrtw►�.sh,�ll p�.ss to L.enit�T to the exta�t of the sums securod by this Socunty Instnimau
<br /> immedis�ely prior to the acquisition. gwruwa'R Loan ApQlka�tfon;i��
<br /> f.Om�p�ney,Prese�'�'�tion,Mainte�unce anrt��B�ormrwer s pn �re�idaxe within sixty drys yfter the execution of
<br /> Bortowershall orcupy.establish�and use the Prope Y
<br /> this Securiry Instrumenun�s T.ender otherwise ogna hn wntpng�hic�h consent hel�l n x be un�rcasonab y with}�eld.ot�u dt�s
<br /> the dHe of occupancY•
<br /> �xta�uaxie8 circumsta�xtis ex9st w�hich nre beyond Borrower's oontrol. Horcowsr shall txx destroy. dunage or impur
<br /> propaty,allow the Prq�eny to deteriorate, or commit wasce on thc Property. Borrower shall be in def�uit if any forfeuure
<br /> �ction or pc�ocading, whtthe�civil or criminal,is begun that in l.ender's gooci faith judgm�nt c�wld resul�fo�i�We� �;�
<br /> properey or otherwise rnaterially impair the li�n cccated by thfr Socurity Instrument or Lcnder's security �
<br /> cure such a defaulc arKi reinstete�as Provlded in paragraph I8,by causing the oction or proceeding to be dismissod��h mnten'�I
<br /> that,in Lender s good faith detertnination, praludes forfeiturc uf the Botrower's interest in the Pcope Y
<br /> impeirrnent of tbe lien creatai by this Security Instrument or �nder's stcuriry intettst. Borrower shall also be in dr.faUlt if
<br /> gortower,during the loan applicatiw�process�gnve matcrially false or inaccuro►te infomiation or statanents to�.eoder(or failai
<br /> to provi��t ons coneemin�Borrower's occ�upancy of t�tiPtope Y atPnnc�Pal►�e dC� if this Secunt�y�ins�me�t is ona
<br /> to.re[►
<br /> leasef►ald, 1Horrower shall ogomply with all the prov�s�ons of the lease. I[Borrower acqu�r� fo�title to the Pn�penY. the
<br /> �rassehold u9x1 the fec title shall�wt merge unless Lcnder�f��We`�1 giu pedorm he covenar►ts and agrecments rnnteinod in
<br /> 7_protatbn of Y.ender's ltights in the PropertY• ,
<br /> �h�s S�CUdty Inst�ument, or ther� is a le�al� ��n.4+-�:rSing that may signifr�caniiy a.tfaK L��r's rights irn ahe I'roperty (such as a
<br /> prc�exctjng in bankruptey.P��e•�eac[�tt e�sdt�irr�°!of the�eit�, u��.�u�°r's�rigfit�iri iLe��m�h�Londeres acc'�yons mrp
<br /> paY q�r•whetever is naessa�Y 1� ia� c�u:rt. i
<br /> irnb+i:i_z�r`a�yu�B..L��� £��_c�vd:c��er��RnM�unithe Pro,perty to�ix�rnJi�ircpairs. AlthoughnLendl-r maY take ec�n t+ndes tJsr.s��mragryph
<br /> �,:..�..�..:.,.,. �.....__,_ .
<br /> 7.[,es�et does not I�n.w c���i�o su�
<br /> �qny arnoun�y ctistiurir.�i�ls�� 'Lcnder unckr ihis paragrdph 7 sh�1� be�ome additional debt of Borrow�r socura�by.rfii,��
<br /> :�'s�:u��iny in�trument. Unlcss Bi�n�owr.r and Lender agrcc ta othcr ternis of payment. these a�nounts shall bear intercst frvrn�i�^
<br /> cdc�re ca�f Aisbursemcnt at the Ncxc rate and shall bc payable, with intcrest, upon not�ce from Lender to Borrower rcqucsting
<br /> ���1�•ns�.•rll'.
<br /> B.Motlgaqe Insuranet•If Lender ra�uircd mort8age inwrance as a condition of making thr Iorn ucured by this 5ecunty
<br /> Ynstrurn�nt. Borrowcr shall pay the premiums reyuired to maintain tht mortgaBe insurancti in effxt. ���nmiums req ��u rod to
<br /> nwrtgage insurance coveragc rcquired by L.endcr lapses or ceases to be in effect,Botrower shall p�y ��p ����rnt to the
<br /> obuin covcrage substantially eyuivs�lent to th�e►nortBaCe u�surance p�V1OUSly in effect, at a rnst�ubstan�ialml vo�d b Ixnckr. if
<br /> cost cu Borrower uF the nwngage insurance previouslv in e[fect. fmm an altemata mortgage insurcr npp P
<br /> Form 302t �I9Q
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