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<br /> . �'_ 33 � Bwtawer's esaovr eaoo�mt�der the tedeiat RaN Fstais Setfiemeat Pmcet�re.a Ad at 1874 es amended fioin tune to ttme.12 US.C. , ':� r„a..,,,-.
<br /> � ., �# . 7F01 et seq. ('RESPAy,uatess anoth�faw tl�at appQes to tAe Fwds sets a tesser amo�nt. If so.Lender may,at any tima eo�ed erid � ` - ..
<br /> Zhoid Fa�ds Us an amaunt n�to exceee!the Iesset amount t,e�der neay esttrtmte the amouat W hmds dua on the basts ot aurent data
<br /> . . �� and rasscrta6Te estimates ot e�en�res of tuUire Escow a�or atliew�a in aaarQance wRh appdcaDte taw. � �
<br /> .. � ° Ths Funds stta9 be heW in en tnsU'hrtfon whase depos�ts aie insiued by a tedera� egency. tnstrmnentafity►. or e�tiry (m��4ng , ` � �t.
<br /> _'.f Lender.it Leader is suct►en tnstitWon)or(n any Federal Horne loan Bank Lender shaa aPPry 4he Fnnds to pay !he Eacrow ft�s. . .•
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<br /> ' � ` # Letder may not ct�arge Bortower Tar hol�g and aPA h►�9 t he F u nds.e rt n u a 7 Y a n a y d n9 8+e esaow aoeowrt.ar��r i y U�g t he E sauw � .
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<br /> f Items.uniess ie�der pays Bcrtower InieRSt on tl►e Fru►ds end appQrabte tzw pertn�s lenQ�tn make sueh a eharga Haweve.Le�der �Q :�� � ;
<br /> ` . � . �, maY require Bortower to pay a one�mne chaige tor an tndepertdent�estate tsx r�oetng seevtce used by Lender h►oonr�edton w�h � . .. . ..•-. •
<br /> - - -. :�_ thls toan.imtess appQceEte Iaw pcovides atherwisa Unless an sgreema�t is made or app6eaEle taw requ9es tnterest!o be pa10.Lends � `. ' ;-t�r } f� �.�
<br /> ; ..._e_� shsD not he cequtred to pay Bo�m�y Ufieest m eatnings on the Furtds. Bartower and Lender may agee tn wdting.howaver,tfiffi �,, :��"`;=,•—•.,. ���;3,
<br /> .:-,_�.... . ,
<br /> +;•-�r-•�: fiterest shaD be paid on the Fcmds. l�dsr shaJ give to Bortow�w�thout cfiarge, en annusl a000untiag of the Wnda.showfng . . -.;�,i;":
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<br /> �•; .. �ed'ts+ end debds to the Funds and the purpose tor wNsh each debit to the F�mds�vaa mada The Funds aie ptedged ss ads�onal ' : . .� .
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<br /> � f �trfty for sIl siuns seutred by thts&eam'ty tnsWm�t t?:' r :
<br /> ' - fi�� ff the Evnds hetd by Lend�exceed ths amou�p�mitl+�t to be heFd.by appUeab:a�w,Lender shsA suoount to Horrawer tor ttt� �s?:`
<br /> i`.�= expess 6Urtds ta ereordance wdh the t0qulreR►eMs af appQrahte Isw. IE tfre amo�mt ot the Funds Ftetd�tiy Lender at arry Gme i�aof ;. '� : ;''� • `":..``�";
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<br /> �� s�fiderri to Ray the Esaow ttans wherr d►c� f.eid�may so rtactify 6m►mner tn►m'tim�em�tn such cams 6onower sheU pay to l�d� � r' .
<br /> tf;;f-� the amount n�cessary to make up the defic�ertey.Bomnwes slraf!ma[ce uR the deffdmcp fo rto mc�e that►�ralre mocrtMY P��� �r � .•[ � �;��`
<br /> `-r.t_ Lendar's sota dis�retion. �
<br /> �'�, -;rrr: .,.,�a;
<br /> . •f�� upon payme►f In fuU o9 alt sums seau�Ry this Secv�tyr inshurnent.Lender shaD prort�tly re6md tc Horrower any►Funds hdd B� Tl•,�;;I4 r�x:`�>
<br /> . r;�''� Lender. It.under paza�aph 2f.Lender ehffi, cr s�the Rmgely. f.�►d� rior to the n or sate of the � ` '� ���
<br /> . r. �quG� P �a �P�lI.SRell '.<<�;�.;�� 6tAtfi��
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<br /> r� = aAAN�!I Funds hdd by Le�d�at the ti+ttQ isf�qr s�te as a a�fd agah�st the sums secured 6y tAts 8eatriry h�shumerit � ., ..,!�..s,,,-
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<br /> =. , ..� �.. 3.Apptic8tton of�aymet�t8. Urd:ess e�G^�k,a,.provides othawTs�ea payme�ts rec�+necE.l��Leid�urtd�parsgtephs . , . _
<br /> � • ; �II;�tt4 2 shaD be aPAQed:frrst,to anY P�FaY�'$��ofa unQer the Not�second.to amourtts PaYa�1c�unda paiacgaph 2 thUd �,�: � •. =.�---
<br /> �.` .•. `'". 1z�s�t dm�,tourth.to princlpat�t�'ettd fss�:i�ta�t�'�y�s G�under tAB NOta ; . . � , '��•,`-�
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<br /> . .� 4.�'7�G�s:Liens. Bortow�shzlfl����eas:�sa2�;�cAsrSes. fines and imposiGaas�ibutabte to tha Prap�t.j9 ,' . � :� -
<br /> +�1iit�i��+�it+ Pdor�y ov�this Sear�Ty aj���4.+�sehotd paym�ts cr�ound �ts. ff asry_ Barmw�shaD pay tt,�".�
<br /> ,�.: �af�,a:;,�r:!tl�a manner provtded fn pantgrap�2.er�,p���in that manner.Banoww sAaO pay:them cn tlme d�rec8y to the Perso:x� • `,��.
<br /> `. hr:�4-ga}�nl.. Bortower�haD Qromptty tumish to L��i�•�sotices oi amau�s to 6e patd und�this para�aph. It Bortow�makes —
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<br /> ��, -. .� ,a.a;: p,�,i��P�y�rep►y Botrow�►sheD Pram�tY��h Zv terider tecr�pts etttQendn9 the paymarts. ' �+,� ' ,-
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<br /> �� � �, . .' 9omoWet:stlBD ptomptly�schffige�ty.6r��a!�Iet►has.pttority over thts Securiry(asLUmertt uniess H�aaower:(8)acyees In wriUng to r ���
<br /> ,;, ��� .. :�i►,e payrt�ertt ot the ob6�tfon secured by�qiaz in`a mac►c}er aooeptable to Lender. (b�eantests tn gazc6 k�h the 0�by.or detends ;��r_�
<br /> •.-; . ,.` .•:�.�ainst edor�nent oi the!G�in.legal ptoo�in46 wltiw't��fn�Yhe lende's opinton opesafe to preve9tt .tna�a+tfs,r;emet�t.of the Har.or(e) .��°-.i�
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<br /> :, ��res from the hotQer m'6,'Jtr�6en en e�eettt�tt s�t4n.i io lertder subortlbl8ttrtg��;va t�W t��aa�m�i1 fi��enL H Lender .
<br />- '� ? -," �<-.r�mines that srry part c���rrd Property is subject,ta'a�%x::.:�.�tst� may,azmb�pdority�m�x thts see�,����i�r�t.p��+s may gtve � . a�—
<br /> ' � .�`�' ' �$rtaowet a x�ce ident�i�.P�.e Ren. Bor�s��shaU���El'1�4i�m ar��ne or more ot the actic�set,'Pecffi abave�i�iRhS�f0� . �"'"�•'�
<br /> �'�hr� � Cf th8 giY�►pf�?��,�" � .. • �- �. �-
<br /> ���� t� • „ S.H�•�I�uA�� lnsurtltt�'o.•�8orm+r��`s�sat! keep•�birr moiptovemerna now e�dsting.or h�� erected on the♦ ~ .�._--
<br /> prop�ty tnsurezS t��fc�s b�j Nre� hazards incA�Qed we�rs�tfie term�t-:�:ded wverage'and any otA�hazards. inetudtng ftoods or
<br /> ,,:r,,;;.'. 400dtrig.tor v,�;u�s L�cer�i�uhes insurance. This irtsurence sha0 be�a6►�ined in the amounts and tor tAe palo� thaf l�d� .,- �-
<br /> .. "`(�;,,y�jf requtr�. 'fie�aanee�cazrter pmvf�ng the insurance shaD 6e ehose�'I�,y�Jortower subject to Lenda's ci�provsl whlat�shall not 6e `_ �—,�-��-Y
<br />.. ... ._ .;.1 orr.,: unreasonabty wr�l�l�etd. If Bortow�taIIs to m��tatn ooverage desc�'�t rsl�ve,LenGer may.at 6ert�opUon. obtafi cwaage to '' ',�,��
<br /> ,��� , >.�' protect Lendete dghts in the Pra�erty in 8eeot�ance witb para�aph� �., ' _—
<br /> �i.�s,+?I��., = M tnsur�ce poQetes and renewafs shalt be acc�tab(e W LenQer end.shaD indude a stan�rd martgage cisus� L�der sha0 have „�;,,� �--
<br />-�;1J„�•� .�.�t,,•o� :•.� ' ' •_�_ -.
<br />``;,i�t�{f�:'•/;tt4i;ta.:.:' the dght to hotd tha pcQde.s end renewals. (i Len der wqu U e s.Bortowes s h a U pro m p U y g t ve to l e n d e r a D�t s,a l p a i d p r e m i u m s
<br /> � iE(��;•: end renev�af.c�.�itcea (n tpe erent ot iq�s;.'Bc�ravrer shaD give prompl.mu�e,e to the tnsurance�artter and lender.�lenAer may make . --
<br /> '��`� '1��,�s; prool M los�il(mat made promptty by Bctr.�ar�ras�. , �-._ .•. ,` _.
<br /> - . � . Unteas Letttfer end Bortawer otherw(se;:af�ce in wriUng.Ensuranae�rcirie,�s sha11 be aPPAed to re�;zr,�'don or re�ah a!the Pr�i@g . `"
<br /> . � ' �� damaSed.it ths�estorauon or repatr ts economica¢y t¢as�te end Lende►'s searlly is rcick�.lessened. I!the resWr�;arr repaU(s not . . '*-----
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<br /> � ;;� , eeonomlcaIIy teasibte or Lendet's serarrity would be t� the tnsurance proeee��hr�ba appQed to the sur.�r,i�ured by this � �-;.
<br /> .. ' Secudty Instrumenl,whethv or not then �a. wtth�y�d�ss pafd,[o.;Bortowe►. ii t�a,•rbwer abaadans tfie Prop�rly. or does not y�.-�.°
<br /> � answa withT� SD dayra e notice from Leoder that the msuranee e:anier has oftered to seule a d�,�hen lender rt�y aoDeq the � •• �r �_
<br /> • ... Insurance proeeeds. Le�►d�r maY use the proceeds �s;o�ralr�ot�res�,}ra the Propa�;+.or to pay � seeured by this Securfly :`.`����,�;,�,;;;r
<br /> .•,�i; :,� . � .it�Wm�t.whether or aevti�lt�o due.The 90day perlad i�G�►�3(ri when t!�nodee Is�ssmr: . . �"J�'�,3c:
<br /> y� . .„y:.• `. � UNess LenQer anQ Ia`�c�,+rer othervvise a�e0 fn w�p:+ar,�ap�a�c�tten ot p�asz��ftu�xrtnrdpal shaD not eMa:�?�r,postpone the ' � "�.
<br /> t_ � ;,.i ;:� iStie date a"•rhe manthh►P�errta referred to tn paragra�'�.c..��.��c�ange�h4 a�nr�ucc nf the payrneMs. H:iT�T P��Dh�
<br /> "+ ,i,'J1i,�' ; .,2k8 PrOpert�:�i�.aep�red by Lender,Borrower's dgM to erry tnscctanes'I�L�diu2'and pro���1t�am dama9s Lo the PtoPertSl l� , '.,. � (pibr ,
<br /> ,: � :•,'�.''1�+�(`�. "M'1Dfe acquisi9on aheD pass to Lender to the �ent �f �e eam�s�dir�ad Dy tM¢ �m�ci�iht Asr�bu�st �mmed►dt�1ll Pdor tg't!'�•� • : .
<br /> ,:..� . �� izcs�ulsN[on. ���. ,. ; ., ` .„ � , �' �
<br /> ' �. , .`,,� � �. , ,.:.� 6. Qacupane9P. i�c�a�vatton. Matr�an�v and Proteattaw 'ai�`�1338 i�r�teRY 13ar+usi�¢c9�e Loan ,` �}�� �
<br /> .. � �,. �pppUeatton; L�88AhOQd'�. "BoROwet shs9 OCeupy:�iGd�2lsh.and use the P�opeRy as Borrawef3 pfrtcfpal i�d(le�sc7a wtthTn sUdy ��<< � , � 1;.
<br /> ,� Syf.: :,t.;.:,, f.�i. :
<br /> - ' ;., .��t�°���.� dayy aft�the execuUon ot this Sewci[y insfnunenb and ait�l eonUnue to accupy the Property as Bomowds prfacqaah'I�idence tor at ;•,,ti'.)f;�a,�`;}::
<br /> , �ly�n�ti ��i��p
<br /> - .:•,".;f•�?�c(tRS,(:} , least one year after the.date.of avc�zn�y; uniess i.�qiitsr,athervNse agr¢es fi writing, whlcA eonsent si�aA rmtll� unreasonabiy ,� .;,�r,, � k.�
<br /> _ .• :r:;�'��: withheld.or unless ext�nusiln e�rrcumstenees mGst whtdv.aro{o ond BorroweYs eorrtroL Borrower sha0 nn!d . . ,yt�<�r�-tivr
<br /> A ey estra�g.dhnaage or Impatt ,v,ti�;-'+
<br /> estra
<br /> -;: ', :• •.. . �.<;• �•r� .,
<br />. -- '• ,+;.;, : tfre Roperty.eUow the PropciKy to detalarate,w eommN�,�+nrste on the Pmperiy. Bonower shaU be ln default H�rty+tul�:uce actlon or '�:, �:. ,......,,•�...
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<br /> '..;�r�"��s���. 3 procea�ng.whether�ril ar crtmina4 ts hegun that Ui L�du's goad tailh jud�rte.nt eoutd result fi forteiture of tfie Ptvqusl�l ar othenvfse ..� , :
<br /> �•::'�Y;,;,•4�'�;��;:'� , matertaUy impaU the Ilen areated 6y thls Sea►rity tnstmmeM or LenQer'e seautry irrteest Bcutower may curo suetf e deteutt and , .�4� �i�'. .: .
<br /> ����.,{ t `' retnstat�as provlded In pa�egraph t8:by esusing the acdon ar proeeeding to be disMssed vrfiih e rulMg that.In lander's gand falfh . ,;''�;i.;�%`'• .
<br /> - . . �.Ir�,��;'lt.'' h �
<br /> detettntna8on, preeludea indekture of the Bmrowds interest in the PropeRy or other metedal trnpatmient o1 the Ilen crestad 6y thls ' '- `
<br /> � . � SeauRy tnstrumeM or Lend�r's sec�utty interest Borrawer st�f aJso be in de�tt if Bortower.during tAe toan appltoaUon pmeess. ' - .
<br /> . . gave matetaQy tafse or inaeturate irdormaflon or st�mn¢nts to lender (or talfed to provlQe Lender with eny rtmiertaf tntatmaUon)'In - . -.-� �
<br /> conneedan�ith the toan eutdeneed by the Nate,fia�u�ng.aut not Gm�ed to.c�resentatlons aoncerning Bartower's aca�naY ot tfia . •„;.,.., �.
<br /> ` ! piraperty as a P�nc�al restdenee. Ii tiJs SeamiSr Mstnunent is an e leasehotd. Bortower sha0 compy witb eD the provislons o1 the ':�-:,;;;_
<br /> • tease 11 Barrawer ee�Ues fee t�1te ta ths Prop�ly.the Ieasehold and the tee title shaA rtot merge unfess the Lender a�to tAe '` •�`•�` •
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<br /> _:, . 11'1�4gCt ID Wt(tIt18. Form 30ZB 9/90 . ,. �.�.. .
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<br /> .� - ,� - .� F1029 LMO(10/9'h Pago 7 of 9 � . -. : ..
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