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,��:;:'� .'K'"a�r�+►M��"'��*T,l <br /> .'_, . - :., <br /> .�.�-=_f,..,= <br /> � „�IdRM�II��,�.,�:•,.s..���e;�,:�:_ :__:�•�. �---------- - <br /> - �����.: <br /> • ♦ LmdN rtwy,�t my llrr�. colMot md hold �mounh 1a E�crow Itwns M an�pprpal��mounl not to aocMd tM trwMN�m <br /> �mo�M�h�t m�y p�nqulr�d fa Borrow�r's�scrow �ccaunt und�r th�FI�U Estd�SNtMmw►t Proc�cfuns Aat ol 197'�,12 U�B.C. <br /> 8 26p1 d��nd hepbmmtlnp rapu�tbns, 2A CFR PaA 3500, a th�y rMy b�am�nd�d trom tlm�to tYn� ('F�SPA"). wa�P� <br /> lhal lh� cushbn a r�sKw pKmkNd bY RESPA lor urvintb�i�led disbuia�nMnt� or dhtbunsrt�nt� bMor� th� BoROwM'� � <br /> p�YrtMnts�n�v�M�ON In tM �eoount rtwy not b�Wpd on�rtwunb du� lor th�mnAp�p�k►tur�nc�pnmUm. ' <br /> If lM�mounts Mld by L�ndK fa Esarow It�rt►a�xcMd th��mnunts p�rmkl�d to b���Id by RESPA,L�ndK aMY �aounl <br /> to lfarcwM kN th�Mie�s h�nd� as nquk�d by F�SPA. II IM�mounN of lund�h�W by L�nd�r�t�ny lYn��n not tutfieYnt lo <br /> pay ttf�Eserow Il�m1 whin du�,L�nOK rruiy notMy th� donowM�nd nquYl Qortow�r lo rtuik�up th�shoRapl�s p�rtnNMd bY a � <br /> F�BPA. <br /> TM EWrow Funds rn pMdO�d u �ddkiontl o�curily for aN sum� suur�d by thlt &GUrMy Inftrum�nt. If BortowK Mnd�r1 <br /> (p 1�11Wf(N� NN p�ym�ni ui.� :uch �om:, Bocror:er'S CC40U�t 6hl�11 ls�er��lR�d wkh th� balinC�rMn�hinp tOr �1 hs`U1»�nt W <br /> NMnt (U, (b), �nd (o) �nd �ny modp�pr hwr�nc� pr�tnium hst�lln»r�t Ihtt L�nd�r hss not D�corr» oblfpN�d to p�y <br /> 8�orslary.u�d 4�ndK shtN�xompty nNnd�ny wcc�u tunds to Bortaw�.Imm�dl�t�N Prbr to�lonobtun s�M o1 th� PropwAY <br /> or ks�oqukkton by Lindu, Barowws�ccount shatl b�cndR�d wMh�ny Eal�ne�nmahhp(or�u InstaNmu►tf to► kMns (�L (b)� <br /> �nd(o). <br /> 3. A�fpiic�tton of Paymenb.AN paymM�t�und�r P��phf 11nd 2 shaM b��ppiwd by L�ndM a�foNow+: <br /> FII'N,to lM morty�p� hsur�nc� pnmium to b�pald by I.�nd�r to tn�S�er�ary o►to th�monthy oAarp�by th�S1c►�t�uY <br /> hsb�d ol Ih�monthy mortp�p�Insur�nc�pnmWm; <br /> Second, to �ny fox�s� sP�akl �ss��smmtf, Iptahold p�y�t�or pround tMUs, �nd 11r�, fbod �nd ott►K Iwzard <br /> hfunr�w prwNum�,�s rputnd� <br /> Third� to ht�ntt dw und�r lPp Noto; <br /> FOUrlti,to �moRimtbn of th�prMoipal of th�Nob;tnd <br /> FIft11,to Yt�Ch�rp�s dw under th� Not�. <br /> 4. FIr�1� FIoO� �nd Othlt Hazsrd InauranCe. eorrow�r �hau h:ur• aM Mriprov�n�nts on tn�Prop�ty. .h�ttw► <br /> now h akt�nc� or subs�qumty a�ct�d, aq�hat �ny hazuds, casuaNln, and contlnpmcl�s. holudhQ Rn��or which L�ndw <br /> rpuir� Mau�nc�.This Insunnc�shaN b�maht�h�d in th�amounri aed for th� pKiods that Und�►nquYa. Barowr sAtl <br /> ako hsw� aN MnprowrtMnts on tM Prop�rlY�Wh�th�r now in akt+nc�or subs�quonty�nct�d, ap�lnst bst by Ibod�to th� <br /> �xant hquirrd by lM S�cnhry.AN Intunmc�ahaN b� curl�d wkh compml�s apP►owd bY Und�•Th�h�un��P°� � <br /> �ny nn�wafs�haN b�hNd by L.�nda and sAa�k+oludr bss pq�bN okutK in hvor of,and In a torm�cc�pUbk to,Ls�d�r- <br /> In th� �v1nt of b3s, Botrow�r shaM pM IM�dK Ynm�dyt� notic�by rtkA. L�nd�r may maks proof of bss M nd rn�d� <br /> prompty by BarowK. Each bsuranc� company conc�m�d fa h�nby aNhorix�d �nd dPactad to m�k� paymM�t far suCh ba <br /> dinoty to L�ndK, hste�d ot to 6onowsr and to unWr johtry• Ap or Ny p�ri oi ti,i :�sur:nca�rc���Y � '�.^"�'—�!'Y <br /> UndK. �t its optbn, eRhK (a) to th� reduCtbn Of the hQebtsdn�as undor the Not� �nd thfs Securit�r Inadum�flt,fkat t0 my <br /> drNnqusnt�mounta�pp�Md in ths order in Pu�yraph 3,�nd than to praprymrnt of pnc�pal,or(b)to ths rasloratbn or npalr of <br /> tM d�m�p�d P►op�rty. My �pplic�tbn of tho procaeds to th� prfnciptl shtN not sxtend or postpone th� dw dat�of th� <br /> monthy paym�nts whiah �n relerted to h Par�ynph 2, or ch�nps tM amount of such paymmts. Any �xqss inwranct <br /> proC�sds ovrr an�nou�t nquk�ed to pay aN autstmdinp indebtedness undK th� Not�and this S�cutNy InsuunNnt thaN be�Id <br /> to ths�n►It� ►qa�N�ntltMd tMnto. <br /> In tM awnt of fonobsun of this Srcurity Instrum�nt or oth�r Innshr ot titM to th� Prop�Ay thet eatlnpuitG�s �M <br /> Ind�bt�drNSS,�N ripht.titN�nd ht�ntt of Bortow�h �nd to hawanc� PoticMs h torc�ehaN pass to th�purohasa. <br /> 5. Occupsney� Pre�erv�tbn� M�intenanae �nd Pratectlon of the Property; 8arrow�r'�Lan <br /> ApPlictllon; LlN�hOldi. BarowK ihaM ocCUPY.�=��h.�nd ua th�PropKty as 9omowws pnc�lpul r�tldKxr wMhh <br /> •6dy dayt�fMr th��oaCUtbn of thk 3�aurky InatrumM�t(or wkhin sbdy d�Ya of a�tM saM or UansiK oi tM FropMly)Yid thaM <br /> conthw to occupy tM P►opwty as Bortow�s pnc�tp�l naid�nc� tor�t M�at on� yNr aftK tlh d�te of xcup�na7,unN�s <br /> Under d�t�nnh�s that nquirKnent wiN caus�undw hudahip tor Borrow�r. or unkss �xtanwttnp cVcumthnces akt vAi�h w <br /> bepond Borrorr�s controi. Boaow�r shaM notiy L�r►da of any abnu�t�0 circumat�nces. 8ortow�r shaN not aommk rastr�► <br /> d�aUOy,d�mWa w substanilatry Chars�o tha Prop!rtY or �Nnw th� PropKty to d�briorate, reasnn�bw wMt and tw ��DMd• <br /> l�nd�►may hapeet ttN PropMty M th� Prop�ty Is vac�nt or abandon�d or th� ban Is in cNlauk• Lw►d�r m�Y trc� rMaoMDt� <br /> �atbn to probct and pnt�rw suoh vacuit or abandon�d PropKty.8ortowK theN alao b� t�dH�ult il Bortow�r.durir��tl�lan <br /> �pplattbn procns,qaw n►�1sr1�Ny hlt� or kiaccunt�htorm�tbn or sm�ta to Landar (or faiNd to provld� Unds►wkh�r►Y <br /> nxhtftl biomntbn) in conn�ctlon wkh th� b�n wid�nc�d by tho Not�,hGludhp,but not IknR�d to, npns�ntations aane�minp <br /> 6orrovwfs oecupuiay of the Prap�rty a4 a princqal ns►denc�. If thb S�aurky Instrumant Is on a qas�hotd, BorrorK ihaN <br /> cprtply wRh tlf� provitlons of th�I�as�. If Bor►ow�r acquins fw tRis lo th�Property,the leaaehotd �nd 11� tkN shtl not b� <br /> rt�rp�d unNu t�nd�r�prwe to the merper h wrRhy. <br /> 6. CondemnRUon.The D�oCeeds of Any award or Ctekn tOr dunay�s, dkect or consequentl�l, h conn�ctbn wki�lny <br /> cond�rmatbn or o1hM uktnp of�ny paR o(tho Proparty, or for Convaymce in plece o1 condemnatbn,are h�rat►y asaqn�d�nd <br /> aheN b� pald to L�nd�r to the �xtant of the tull amount ot the tnde6tedness that remalns unpaid undar th� Not�md thfa <br /> S�ourky Instrumant. lmder ahaN apply suoh procoeds to !h6 reduotton of the hdebtednvss undYt th� Nota ond thh SeCUrity <br /> Instnim�nt, flrtt to any delinquont smounta applfed in the ordw provid�d tn Parayraph 3, and th�n to pnpaym�nt of princbal• <br /> Any appNCatbn ot the proceeda to the prinopal shall not extend or poalpone ths due date ot the monthry paymmta. rrhich an <br /> relKnd to In Panpraph 2,or ohanpe tho�mount of such payrtwnls. My �xcess proceeds owr an amount raquind k pay aN <br /> — outttandhp hd�btedn�as undw tM Note and thfa&ocurity Inswment shUl bs pald to the entky IsOaIN�ntkMd th�nto. <br /> 7. Ch�r�e� to Borrower and ProtecUon of Lender'� F1lyhts In the Property. eorrovwr sn,�p�y aW <br /> ..........w ... �.�..,,Nw� ��m.c nn.e ond Imnoskbns that are not inoluded h Pareyraph 2. Borrowsr shtll ay tMss <br /> y;.............� _. .._.._r_. _.._�._. <br /> obNpatbns on tkne dinotty to the entky whlch is owed tAs payment. II failure to pey would adveraery aNect Lend�r'a ht�nst In <br /> ths Propsrty,upon Lenders requQSt Bortowor shaA promptry tumish to lender receipts evldencing these paymsnts. <br /> If Borrow�►faNs to make these paymenta or the payments required by Peragraph 2, or falis to paAorm any other covenonts <br /> and aproemints ContnMed In this Sacurky Inatrument, or thore Is a le�1l procendhp that may slpnNicanty afleat Londe�t riphte in <br /> th�Property(�uoh as a proceedfny fn bankruptcy,tor condemnatbn or lo enforce laws or repulatbns),then Lsnd�r rwf do�nd <br /> pay wh�tavlr Is n�Cnary to prot�at th� wlu� ot th�Proporty�tnd L�ndor's riphte k►tha PropMy, Inaludhp p�ymsnl of tuws, <br /> huard hsuru�C��nd othor ftema mentbned h Peraqraph 2. <br /> F6�1S.LMp(llYl) Pap�7 0�6 <br /> S2C <br />