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<br /> ` - � ; :'� 'the Fum9.r xhafi be hefd in an in.timti�u� «hu�e Jepo+u� are in.umi ky a fc�+rra? agc�c�. imtr�mentality. or rnuri �_. :
<br /> � •Y 4 (ind�ding lAtiider.il t.rrtder ic wciti an in.tituuarol ur ia;►ny f'c�r,il H„me l.uan Bank. L.erot:r.h:i1!::ppiy the Fur�:to p:,�tPr _�;� �
<br /> ' _. . . `•5 �.�t�K3 Iteu�• lxnd�r�tw�not�fi:vgc Bi�►rnN�er t��r h�,lJntg and a�pt�ing�he�uttJ..sr�r��ls[Eti a.nii�ring the e.cru�v:u.Y�unt.�,r :t ` t.
<br /> . �. i �•ctif�ing thr�.craw Itrro..un1��v l.�e�+3}s B��tfv�vcr inte�cst on thc Fundti and a�:�s�,�i�Eas�pC[mtkr[Rn�s tu rtra��us�
<br /> � • � `` ^; u.�har�.c.ll�a�r�rE.t.�ndcr m:►y R��;}uim B.u�rc>acee t.•�.a} s,�n��-time ch:irge tur:u►iiyd��t+dens rea!r+tite rrx nportin�t xn•i��e ;'; :':% .;
<br /> � ti:ud hc l�nder �n cunne:ti�,n �zith tt�is E�un. uni;+s a�+ptieahtr ia�� pru��dc. tuheat.��_ t's�ir�. an agr�tia:cnt i, made ar
<br /> . . ,.,'•<_.'� ap�lic:ible!au r�ywr�.ir►tcR��t�Ek�+u�i.l.cmt;r,.�a�41 siut t+e rcv�aiccd tu pa} E�Um�k�rr an� iFit:sY.s ar�;arnis�s rn thc Funds. °�:,•, . •
<br /> "� ' ' Ei�vn.�rcr:ira1 l.�aJrr utiy �Lt�t�►ti urisin�. houc�rr.th:u intecr+i.t�:�ll I+r�is an the Fun3s. i.ersd:r st�nll give a,Bumtwer. ;:, , �. .
<br /> . •:��, ' _ ��itha�.�t e�c. :Ifb 3F1t14::lI:tl'lV�tt3Uit�s V1 Itll' Fuiuis, 4hu��ing�nrtit�and d��t+tu ttw:teuni�and tD:putposc fi�r�chich r.uh � ' =� ,
<br /> .- cfi:bit h�thc�'ur.J:aa�madc. 'i'hc Fu�ut:�re plwigrd a4 a+i.titir:�:3S�.a�sunn� fus s!i cumr.�►YUed bM thi,S�vnt}inMrument. • -
<br /> ' .. If tfr:Fu�ids lxid h� ixad.t e<cectil!hc:unounc.pemuite.i t�.t+c hetd hc�plicahle laa.Lrader shall ac�nunt t��&�r*m�er `...�;i�
<br /> ' �' � fi�r tt:�enre�4 Fu�tti.in ua»sdance�vah the r��yuireaienc.of��+lirahte lau.if the anh�unt of tht Fuuds heW b} l.ender at any _
<br /> '--� ..�t tin�c i+nut,uflt�i�i tu Qa�the Eun���r Itcm��+het�due.l..en+fer nw}�o r.i�zif?Be►tt��a�r in��ritin__:►nd.in utch case Burn�H�rt .. ;�;�
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<br /> . :",;' , :l�all p3y to lxnd.r thr anx��►m utiti�saary� w mzt:e up thr defe�ienc}. Burrcnr��shati�rr.�ct up ei�ctefiri�nc} in ia►u�are th3n
<br /> • :•"`;; a�elr�montht�pa}�nems,st I.emitt.u�le�3iscn�ion. - ,, , +-`..
<br /> .: ^�'�'�' . L*Erm payment in/'ull af all aums x��ur� h� tfi�4 S«usity In�ttument. Lendrr�ha�l prumptly refund tu B�.rmwYr anY _ . . ,-:-
<br /> ��`s;':;-'. Furt�i+h.ici fny Lertder. ll.urtscr p�,us�raph 21.Lentier.ha11 actluire or�cll the Froperty.l.es�der.QttOi IO IP1C 3C(�Ulti1[26R qi b3lt '�;.'i'. .';
<br /> of thc Pm�nrt}.�ha1l:�pp1�an� Funcls hetd by Lender at the time af acqai�ition nr saie as a ritdit acain+t thc sw�u secured by . ,' , `
<br /> this Sctiurity ltutrumem. ` : ' `- :
<br /> ' <� i.�pplication af P��meut�. Unle�.�appli�ble la��pn»ide+othe�ti�i�e.all pa�-menu recei�e�1 by txndcs'undcr par''�'r'+Ptrs r : :
<br /> . . . !and 2•h31i tsc applieJ:fint.:Kt as1Y pr�e�ray,ment rharee.due under�he!vote� �cond.ta amoun�c Ray:i6[e under paragrstph 2: c, y. r` ,3 y�; ::.
<br /> z third.to intcn5e d�e:fi�urth.U�pri�it9pal due:and 1�-t.tn an}•late clrarg�due ue.ier Me 1nte. �; ";��rv�T"'i°f.-
<br /> . �.C�arges: Lleus. H�rnsvrer str,ill p�y all [a�es.assessments.chartrs. lines:tud impo+ition�:imibutable ta d�e PmPertY �.,��, f�s r.r;
<br /> . , +�hich may atrain.prior�ty over this 5e�-urit� In.,trujnent. and tea�eho}d payme�us or gruund rcnts, if ana. Burrowes shall pay %;[� F,:,� �,
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<br /> d�c,r obkgatinm.ifi the mairrter pm�ided in par.��raph 2.or if nat pai�i itt c3�nt��er.Hom�wer�h:i1J pay[t+cm oa ti�d��} j �'
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<br /> , :;��`.,;,. : to thc pcnun o��cti payment. B��mn�er.hall promptl�Cumish to Lender:�l)tu�tices af sunounts w be paid w�der thi� ars� h. � �".��-•
<br /> �� lf Bom�a<<n�es thes�:paymentti dir�ectly.Borcouer�,haU pmmpt!}fumish tn Lender�ipts e�•idesl!a��r��e pa}ment�: , '..<',�:�---
<br /> " � BormKer�haU promptly diyc�e an} lien«hich ha.priunty c►ccr[his Scti7►rity I►�stiument arr�,�,'*.l��t�m�cer:�a►a�"'r'i� `` -
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<br /> `�s• uritin,to the pa�men[uf tf�c obtigatiun sc�w�i 6y che li�:�in a mu►s�r r�-cept:�ble to F�rufcr.(bl cc+�(k�yti{i�good faith the lien : i��
<br /> .,�+•,>. ��.���:
<br /> . ; .�,-,; by. or defends agaimt enti3neuient�f tiie iieu in. lega! pmceedin��hich in the [.rnder s npinc«�1�.��:erate ta prevent the
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<br /> � ."-.-:.�_4 .: enfonemert of the ii��n:or fc►�ures from the hofder of she lieo an agr��ement satisfactory ta Ler.�r ell:i�ordinating!he lien to _ -- ��
<br /> • thi�Se�vrity Instrument_ If Lender detertnines t�at:u�}par[of the Property i;subject tu a lien uhich may anain priority��ver r::.,,... : �N
<br /> ' _� this Security Instruenent.L.�:nJer r�ray gice Bortc�wer a r.�ecce iden[ifi;ing die Iien.Borrower+hall sati.sfy the lien or take one or t ,•{' __
<br /> . '.�± more of the actions,et faitb aba�e�cithin 10 day+of the g��ing of nutice.
<br /> �. �aZard or �rapert� lasurance. B�rrower �h:ill k�ep the impro�•ements now existin= ar her�fter eiected oa the " �'-,•�-�°-
<br /> •...��::'-�: •-
<br /> � . • ,' P[opercy�iiuured againaZ tos+By fire. hazardy included�ithin the temi "eztended mce�age"and any other har•uds. inc[udiub � . .,��`�
<br /> � �F?� .� ttu�or floodinc.for��hicfi Lender require_c insur.snce. Thi.in�urante siiall be nuvntained in the amuunts and for the perimts .;',� = �
<br /> .�''�=;.. .�' '' '' that Lender mquir�. The insursnce carrier pnn�iding�he in.urance shalE 6e�:[�asen b} Borrower,ubjzct to Lenders appro�at `;;_' � ��`�',
<br /> � -:" ::���i� � �vhicb:�fiail nat be unrea.wna6i� withheld. If Barmti�er fails to maintain aroerage dercribed above.'L,a►d��Y•��nder's `{�:::_:, , ��
<br /> �1�' '";r �ff��:•1,i�tain cuvera�e to pracers�ender's rights in the Property in accordance�cith g:� ,' ��"h 7. : .�` ��'
<br /> '• r�. .r•,:�:�,�l�„�,nwrance policies art�•�s:i#�ats sfiaU be acceptable m l.endeo�nd shall in�:fpdk•.tu��icls�s�.e►1on�e ctause. Lender .�' �� . ��;_:-„�a�r.
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<br /> ' . �f, ��'� ;;;�;��,q?ii�ve the righi to hold the po����ses attd rzrtewai..If L.ender reyuirc�. 13�crow'er shall'°'�trti tl ie��p:I.endCr s8i ce�ei ts of ' ��,�,�-�g���
<br /> ,�.- s��. ' "`�� , •icaid premium.y an d rene�ca l naticeti.I n t h e��e rt o f l o s s.B o rt u«�e r�h a ll�ire prom pt notice to tt�e i�te;r.��cander:ssid Lender ,.; �_--
<br /> ..;j�•'`� � ,,�,,�,,, ��Lender may make proaf af loss ef�et m�ade pro:rptiy by Borro��er. "� �' " _-
<br /> , ..• ,� �..• � Unless Lender and&�rroe��r��hernisc agrcr�n u�ritiag.insurance pmceeds sha11 be appiied ta is.�ara�v�t.��';�?�7r of the � , , �.: �
<br /> � ��`� . . :, _
<br /> -�'��`a`��:�' -::�; Property dama8cd•if the restor 7ls�iror repair iy c�wnumiral!}• Ccasible and Lcnder s�ecutit�:is not lessene8.7i t�h�y�q�T►;uti�m ot
<br /> � � repair is not ecunomically fea�D�l�:�7r Lender s security Noutd be tesseneai,ihe insurance procestiis shall be appli���i�ir stuns _
<br /> � � secured by this Security Inhtrcar�it. ahcther ar noi then duc, with an� ezcess paid to R.�no«•er. If Borrower ai.�'dons the �� '��;:;�_.i=
<br /> ` � . ,.,�.��� , pmperty, ar dacs avt';ri�a�+�:x i»thin 30 day�.a notice fram Lender that t➢ie.imurance carrier has affered to aettle a claim.then . �
<br /> ' .�....,; �,� . Ixnder may colle.�:.t,tr�:il�su{artce proceeds. l.ender may use the procee��i5�i� repair ar resa�re the Propeny or to pay sums � `'� . .�-
<br /> �,,� —
<br /> �,.,i��• �i, �ecurcd by thts Sec'uriiy hist��x•wheiher or not then Sue.The 30,iay��eciod uill beSin when the natice is g�ven.
<br /> "r�������`�� ±. l)ntess Lender :utd�Bcvr'v��r.'othen�ite agrcc in �vnfr,��. anY �PPlication of pnv��ds to princiDal slwll not extend or . �T j
<br /> . at +
<br /> . ���,f�'�., � F postpone the du�date of tf�e ri�st�ly' �"Yd b} l.ender B+�mn::�r'.��nL-'F�ec tn'any i sur��iiich�s atT'�procceds resui ng from �" �-----
<br /> ,. . �r�;.�. . under paragraph_1 the Prapert}. acqurce '`
<br /> • •;,''.;`` �,��• =� damage to the Propeny prior to tne�acqui.itiou.si�li pass to l.ender eu t[7r exu:nt af the��`a�,ecur�i�h��ite�Security Inetrument •n,�.�-,
<br /> e ,
<br /> •,,,; `. ,; 1 >� immediately pricxr ui t�e a�quisitiv4. , ' . ,
<br /> �( Bo aer s Loau Ai 9ication:Lease�olds.
<br /> �f���� �; 6.�ccupan¢y:�crrzl3ii�r�.?Naintenance and Pratectioa of the�tiiperts: r,r� ' i:� . �
<br /> ,i��}����, �. gc�rroaer shall rn�cupy.esc:�fr+�Rt:snd u.e the Propert}+a�Burro�cer'�ptemipal residenc�within sixty d�ys after the tiz,�cution uf _ _
<br /> !:','�.�{}�;�''��•.. ��. � this Securit�Insecurttent and�i�al�•ron[inue to�ccupy the Praperty a�Bum,�wer s principal residence for at l�ut±�m;:r�e�st after �..,._
<br /> �::r,.�•.r,, ��,.,
<br /> �� ,�;,-1n��i,`�`_� :.: :;�..,, �. • tlu:date of occwp��cy.unle�,�Lender��therni�e agr��in a�riting. ��hi��-r uun.ent.hail not be unreasonably�cithRv.�'dl.�.t;untesx,:;� ...�. _
<br /> F r,°�`' E � exeeauatin cirr�u�t:uices exi+t �;•hich are IKyu�►d Uurruwcr's mr,ucsi'._ ��rro���er �hall nrn de.iroy. damaec br impair e[rc ___� _-
<br /> ; �L;'b���'tc`�.`;,-.��1'�, � propeny.allo�v ti�Pcopes�s to dMeriorate.��r commit �ti�a�te nrr the[�tuugcrty• &�rro�ser shal{he i».default if any forfeiture ' . � ;�
<br /> ��,+//,�t��-v��d .,;:+,''J;,�,' �ction�r praceeding. «hcahet�:ivil or cnminal.iti hegun tha[in l.ender'�biic�d faith iudgment cout�result in forfeiture of ihe , ,t . _
<br /> �:;lr��,���'��;f�i}�1;�;(,•' Pt�,peny�ot othenvitie mate�ialG�i."nPa�r the lien created b}�this Security Imtrument ar i�i:.rtitet s sc�.vrity interest.Borraaer ma} ��.
<br /> . ;`.a;�t�s��ri'��"t}�;''•�rc`� . cu�e such a default:►nd rein�tate:ay pmvidcd in paragraph 18.hy causin�the acti��n.��nr�tx�din,tv be dicmitised with a ruling ,
<br /> :.� :,..'dlti',4:�•'�Fi�t '� y:i�.
<br /> -!C;•�.:;��„�,c! ,,. . that, in l.ender s F��ad fai�h detcrminatior.preclucie� furfciturc of lhc �rro��er�'rmc�.�i•ire c#��.t�ropeny or uther matcrial Y _ +T:,ti,`.,
<br /> *. �' s='?''�,'�;':}'{;�', impairment�}f che fsen cr�a�u! by th�s��uriey In�trument nr l.ender'� x�vrity inten.�i.. �ami�w.ar���tll alsa be in default if '>,�.,...
<br />- { .: .,;..�;;�'. � Bormtiver.Juring Nie toan appiicatie�n prou:s.� gavc matcriaUy falce or ir�:v.ti�rate infumi:uiun ur'ss:�wo�nts to Lcndcr lnr failed �° „}, ;,°.i.�
<br /> �.?•,',�;��i'• w pravide 4ettder�vith any m�trri:il informatian�in connection�vith tlte toan eVidecru3d 6y tlis l�iate:iii�'luding.but nat limited .,,e;.;c..;, . �>
<br />.- ` �o, repmaentations concemin�I3r�rrvwer'a ek�u{+ancy of ttre Property a��prirtcip�.tl n_�dra�«:.if this.5ecurity lr�tamem is an a ';�,ft�};; }�
<br /> � ;,i�.;:
<br /> � , •.t' Ira�ehold. Bc�rro�ti•cr �hall �nmpiy with all the prov��i��+�+ uf thc Ica�r- It Bam�v,�s a+:yuircs fee title to the pmperty�. the ;��;;}�,�,�,•�e;'.
<br /> 7� . Ica.�chold und the fcc titic.hall n��t mcrgc unlr�•l.rnJcr agrcx:+ta�hc rr�rg��r in��•riting. ' •'`� •�
<br /> �',. � y.Pmtection of I.ender'ti lti�htc in the Pn�pc�i�'•1(Bt►rrower t3t.1;�to perfi+rm�hc coticn�ust.�m�d agrecmem+cuntaincci in .
<br /> • , � S ... � ..
<br />- thi�Saurit}� In�tntmcm, ur thcrc i.a Icgal pr�x��cJiug that m.�y�ignificatUl} �fCe�n Lcndcr's rigGt�in thc PrupcAy lsucb ac n
<br /> _ ` j1f�MCC�l/1�!111 I►�dliTOp1CY.(�lUZ1dIC. tur cunJcmnati�m c�r fi�rfciturc ur tc�cnf��rcc la�c�ur rcgul�tinn:l,thrn Lcnder ma� do anJ . .
<br /> ,''�' � .. ' p��• f�,r +�hate�cr i� nea�sary t�+prot�rt the�.�lur uf thc hn�pert}'and IsnJcr'�n�lu. in the Pruperty. l�nder�actiup m:��
<br /> - • inclndc paying an) ,s�m� .�u�a n}� a licn «hich ha� priar�ty uvcr th» Sccutit�; In.trument. appcaring in cuun. r m
<br /> - - r�as�mahfe:UU�rne�+' fec,aud entering on�hc Pr�,r�rty u.mnke n�+ain. Al�huugh Lcndcr may talce a.�tinn under thi.pard�rJph .
<br /> •' . 7. l.cndrr duc�nut hr�c ta d��sn. . .
<br /> Any �ncuunt. Qi,l�w�a! b}� I.rnder umt�r thic paragrapb 7 .hsll hecf�me:�dditi��n:il debt uf Hurru��er yccured by thiv
<br /> � '"�` Srcunty In.ttument. Cnlc��lk�ma�cr anJ LcuJrr agr�ti ta�uhcr tcrms ui pa�ntcni, thc+Q am��wit�tihaH t+c:u inter��t fn+m thc .. . . •
<br /> ,�:i: .
<br /> -� "'`, d:itc ui di�fiur•cnzcnt at �ttc Nusr rate anJ•hall he pay:�htc. �ti�tb interc.t. up��n nulire from Lendcr t�� gnrmu•er rcyucsting .�;;;-.i � ...,
<br /> _- •;',:„ •, payment. . � _
<br /> ' ' 8.�tort�e Imurartce.lt lxrnlcr r.�yuinvl murtLa�;c inwnuicc a�a amditiun oi m�kin�tlie lo:u�sccured by this Security
<br /> _ , . Intitrument. &►ir•►ticet shall pe}• the premium�reymrcvl t�� m��nt:�n thr�nongngc imur.ui��e in effcct. (t. ti►r ac:y n�au�n. Ih� � :s�,;�
<br /> murt�;agc imursn�r�r,�cragc rcyuircd h} Lcnder lap�c.ur cra.e�tu br in effcct.Bomn.cr.h.ill p�ay thc pt�+�miumti reyuirui t�� ` .,. ;,+�
<br /> -� . � •• � .. ub�m cuser�ge.vt►�tam��11�•eyun�alent tu�hc murt�are imnrancc pre�inu.�ly in eff�t.:u a cy��t�ub.tami;illy�:yuivstcnt u►�he `.;•,: . , .:.,'';
<br /> �" .. .' .. raw u► Borroucr ��i ihe nx�tt=ncr in.vran��c prc�u,uti h� i n c f f c c i. f r a m:►a a l t�n�i�a t c m��n ga gc inwrcr:�p pror�xl'.by Lendrr. lf } "•r;�?'� .. .
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