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<br /> - The Fand.. shal! be held in an iauituti�t� �iM;ss�ctt�*:slg�:��t�5ur4�d hy a faie�ai agc�cy. ro.�rumentalnv. ur entin� �:.:.:;.
<br /> ° •- :;`' . tirtetudin Lecnles.if l.ender is such au imtitut tr�1►�ur.eht�; PP Y P Y t';_` ..
<br /> S t . �fiddcx:tl iHottt�:Lo;�n Bank.Lender�hall a I the Fund•tu a the r
<br /> .. ' ,.�;,,: fi��row Items.Lender may aot ch:u�e 8c�rm��cx;f�t,h�lti�3lt�t:�ttd�PDh'iTl�,the F�nd..annuaity:inalyzing th�escro�e:scrount.or ;:j`•.;
<br /> - . < <•erifying the FsCrow items.untes.c L.ender pay.<<�t���:yit)t��t.on the Fnnd.;uni upplicable la«pemtit5 Lender to make�tcch
<br /> : ' a char�e:Howe►•er.Lcnder may rcq�:ite Boit�qat;t�pdSi���t[�-iim`c.harge fi,r:!n indeprndent r�a!cstate rac reparting.cn•i�r
<br /> � � . u,cxi by Lender in connection H•ith this ter,e�t,:un6R�:5�.:�t�`titat�(a law pr���•ide+ othen►�se. t'nle>�. an agrecmrnt iti made or '4;�,
<br /> � applirahle law•requirw internt ta be paid.Len'3��t�e�1'4�;�a�l:.cet��t�ted to pay&�rrouer:en? inter+�t or.e:ernings un ihr Fund>.
<br /> Bnrn�a�er and Lende�may agree in��•riting..ha�c�t�!�r,..t�Rliesl;i��tf��i be paid un�he Fund.+� i.ender shsll�i�•e to B�erro��ec.
<br /> - .-., . ` uithout chargr. an annua[accounting of th:F�tv$�i:,�5kt1�1vi�,+�.cr�3tf and debits tu the FunJ+a�uf the purpo�c f��r�chich rach
<br /> • " - debit to the Fund.�ca�made.The Fu�iJ�ar�p�g;teS;t�i�.�l�'ii�t(ALl?A�i)<'!'J�fit��fOF 1II�11tit�K`�'Uf1.`�b6'IITh Sttitl�ti�ln.trumenl. �
<br /> . . � ' If the Fum1s hetd by Lender ex�f tfo�,:utv.�!riiN�:tt1!"sl��t:tts t{:held by appfiwbte ta�.•. l.c�dcr,hall:uc��unt[u Bnm>i�ei
<br /> _. --- for the eac�s Fwtds in acmrdance«ieh.the re��ifc�rtr•6tf�ut'i:►�1iitlte�t�law. lf thr amaunt uf thc Funda heid b}�Lrnder at an�• ;; ; ::
<br /> time'tsnot st�fficicnf�t�pa)•theExroK•Itcrn�.Hfhi(<�:�qt�:lik�'Ti�tt��nl��:u�.n«�t+f}•Bvrtu«er in writing,and.in.urh�.�,�8urru��er
<br /> f ;.� ...:.i:.. ..�, t1e- • $L+:lts1»C' +�t:i�!:lt�:C !!��`!lti•_n�• ;n��i n�.�� Ilt:�q �' -
<br /> — . _i.'- S�iSt�jfdj it7�.C'fft�2i t�bC�dtiii�iiii icc'�Ci�...^t,:a.,.,r+n....ii� .i�tt rY.�°=�"'j. •ZF � -
<br /> n+elti�e m��mhh pa}�ment�.at L.ender'��nttrdisc.��Mr, � �
<br /> . Upon payment in fult of all��umi.+�!��Y�(�}c,trl��Ff,�`FxaT19s•'.in+trumcnt. L.cnder.tuiti:pnnnpil+ r�fund to &+rnn►er ans• .,
<br /> - . Fwid�held by Lxnder. If,under pacae�i�'���i:[1��1t���'f1E��"str►:ur setl the Property.[.citder,prior to the aryuititi�n or.ato ,�.:;;,
<br /> -- ---4�-�'-- P nY• �A Y Y �lf:. � �9 S
<br /> , of the Pro e shall 1 an Funds helc}: �e�Y�tt�s:r�:( �tim:of uisition or sate as a cr�iit a QinsE the sums securied b}
<br /> ; '. this Security Instrument. � . �.�:?: .:. �:." I
<br /> • ; 3.ApplIratloa ot Pay�rr�etrts.Unl�s ap��itp�i����t��•;��41v��ts athencite.a!!payments�eceived by Ixnder under Qaragraphs �i�_,,;
<br /> � _ `��,;F. 1 and Z slwIl b�applied: Cr�t.ta atU•.preg:syn�r3rtSt4hl�,y�C�c(,�n u,?tr3t�ti►e 11�ote• scrnnd.to amauntx pa��able undcr paragraph�: ;"' ,
<br /> third.to iipr.rest due:Founh.tu princi�ul due:_aruf lasi�tti�}t�9t�p..'tnrg�+due urnder the Note. � '
<br /> . 4.Charges;Liens.Borrow•er shall pa}•all�ttuces,asersStH:t��3:;���.�nes and impositions at[ributable to the Property
<br /> ,r �tihich may attain prinrih�over this Secunty Inet�t,arntattsiYeltaid�paj't�t�nis or ground rents, if:iny. Borrow•er shali pay
<br /> . tu
<br /> - � ,
<br />,�,•..i i<-,;:, ;�,,..�: thc,e abligations in thc inanncr procided in_{�ar,�;r.�ra,-�.or�#'.n:mpai�i,in,Ut�e�ueuuier.Bu�waes�hafi pay ti�aut an ume Jire�tix ,�, :
<br /> ���� �'; , to the per�on o�vec!pa�•ment. Burroa�.��.s�l.�.�i�:�+�;�mish to Lender uiLmt�ces of amounts to be patd under this paragraph.
<br /> .i�= .- <�.: If S urroa•er ma kes th�e paymenu s�.�ti�•�i;.L�ic's�+i�i�:^:�a11�p�i m�sl y funsish to Lendec r�eei�rs e�•idencing the pa�•men�ti.. �.
<br /> "��'F�' �::,��� ='� Borrouer shall promptiy diu-I��j�p;.i�a�:u�s��i hac plri�rity,over this Serurity[n.4t" .nu;:►�:t unle�s&srr�►o•er_(al agrees in ��;��
<br /> ,'.•<; . �� �critirsg to the payment of the obligaii�m secuc�3!?a'�;,��;.ieen in.a m2.aner ac�epiable tn Lenc��;I�►contest_.in�oi�faith the lien �'';'
<br /> ��-°rs' b . or defends aR '�•Qnforcement of the t"' ���;a"�al r�ceedin s which in tIt lender's o iniun o rrate to rer•ent ttie _ . `;,"J:
<br /> Y � �'. � � P S � A P P. .
<br /> • �• -.— - enforcement of the 1"t�ti;•nr(c)secures fmm_t[i:T��'ts:.-r��f the lien an agrec:ment+atisfactnry to Lender sutx�rdinating the lien w �:.
<br /> :..-:.'�_ ��'"� this Securiry Instnur,�:f;4: If Lenderdeterminta:tC;.�:i�s+_�ari oC•the Prupen)'.is,uhject to a l'+en which may attain pnarity u�•er :'"�;�.�:
<br /> '�;���'.E this Security Instntm.ni.,Lendgr msy give Borrirh�.���nouc��ei�,�tifi�ing th�li�n.Burroaer shall+atitiCy the lien ar take ane oc ' t `
<br /> �`f{,�'r.�`' tttore af the action+set t'orth abavc within.l0 dayc of the gi��ing��f,-natice. •
<br /> `;.i����;. � -`� 5. 11a�atid or_Peoperty in.sutattce. 8orro�ver'shali keep,thc impro�•ements now ezi�ting ur.hcreafter erected on the � _.
<br /> ` ' ''`�' Pnrperty in�ur�rt:�f}asC.to�.s bg tire.hazards in:,-tt��dec! t�ithin the term "ertended cocerage" and'any other h:vards. including.
<br /> r .
<br /> �� , i`, , ::_ ',, tlood+nr flooding.,��c;�hich Lender requin:s ilsqz�.:nce.Thi�insurancz shalLb�m:untained in the amounts and for the periods ' ;�, t
<br /> I "{;�1's '�`��l�.�� that Lender reqmn.�a:.,t;'z�:iasurance carrier prrs7.�5..-�-;.o the imurance�liali�be eiu�sen b}• Borro���er tiubject:o Lender+approval . f:,
<br /> D i' �':o�'� �
<br /> k�fti ��, r��, �� �vhich sh:ill nat be uraeasPnab�y wa�hhetd- If&:-U��►'er (ail�.tn maintain co��erage d�ycr�,�)ab�ve, Lxnder msy.�at Lender s ,� �
<br /> :Aff� ��'f,"':�_f;� , optiurti.o�tain coverage�to protcrt�.�a¢ei s T��rsy in the Propem in arc«rdun�e with parr��t�,.7• �"..»' ;,`
<br /> , ' �`�f ��`-�`'.;?� •'.'' ':.�I,�qsurance policies and,�ti.�� ��f�.;�++�acceptablv to,Lender and ,hall in�t�`�.��:.'��ndard martgage claav�.�.eader ..�;
<br /> � ' ,,j .,�r . shai�;ta�zse[he right fo'zpld the p�U;�.w-'��;�sC�i�iv.:Es. [f Lender��.�uire,,Bocmtver�r.a�4'�rry;',��:y"gice tp 1�.ender atl e�ipts of
<br /> s '
<br /> . � ' �acS��.?�um�acni`t�a::lal nou�4� [u;.ft�si�t a.x''.asti.Burrui�.:r�hall gi�•e prt� ,,,riatLa.ax;'he ens4r^,.,^F.e carrier and�I.ender. ';
<br /> •+ ' •>.' ' :' �}.'���r,s;•4�natcc}��'..^+.,1''•of los�it��r.rtadz g�c��v;'by Barr�s��er. � ��• '� - , ,r>
<br /> ,tAt�, :+•: . • :`9_mi-�i 3:cndei�arcA Burro«•er fliS�:rrwise'��'�:�ti writi(tg:insurtutce.pro��34 tir.}!I L+���°i'"sed ta re�'rit��i:m�or*-�s pf the • _
<br /> ,�
<br /> - -� . �. '_� prc�.-�'�maged.if the re�turatia�c�t repair is c�.�nomirall�•Fe'asiblt and[.d� ��:4:�:�1�:>+�t te�sened.lf dte r�r.i�;�n or �U:_,-
<br /> � repair is'not ecanomirally fca..ible or Lender'S;�.'arity «�nuW be lessened,tFe��r��wrr..,fi�;Y�`eeds sha11 be applicd;��r,!�;x:;;ums , ••
<br />- �' � - seeurcd by this Securiry Insttument, �chcther or�nt�then due.witb anp exa;ti_�i�.N'�onawer. If Borrower a�;w;t7i�r's the� � . ,
<br /> '� Propert�•.or does not answ•er within 30 days a�ui��z�e fmm i.ender that the insuc3nce carrier has offereci to settte a c:u;�t, then ''�`
<br /> f � � ' Le�er may colluc� the insuranre proceeds. L�n�ee ma�� uhe the proceeds tr�s�sir or rgstore the Property or tv�� sums • • � �
<br /> : l t,������ `r t i, secured b�•this Saurity Instrumem,whether or ne�9 then due.'I'hc 30-day peric+��tll bcgia���s�.•u the notice is given. �, ;
<br /> f ^,�`�F. Unless Lendcr and Burro�rer oth:rai�e agree in u�rieins, any applicatio:���f�;���i��to principal shall av� c:�:.nd or
<br /> �:��t'�' postpone the due date of the mnnthi�� paym:nt< *cferc�J t�� in paragraphs ! :nd:�ar,:.��e�he amouac,of the pu}�ents. If 'x'°
<br /> � ' under paragraph 2i the Prapeny i�acquucd b)'�:��er.Bunotver's right to 2iai: i:'��::r'.:t��tt�c�:;ies ar.�;�:n,,�:Peds re+u:ting from �,.:�=
<br /> damage to the Propsrty priar ta the acquisition rE�SF.i pa..s[o Lender to lhe extent��"�,;;�.s=n'�:ured bw d:ii�•S�:c'uritY Imtrument
<br /> • , � ,. . immediately prior to thc acquisition. : • '.. .
<br /> ." � �.Q�ccupancy�.Prc�servatton,l�laintenance and�Protect(on of the PPOFe�:.�+¢cu+�ss��en"s Loan Appl�wi�on:4.r�i��olds. . .:"
<br /> �. � :`a �• � ��•;,.�:: Borrn�c�shall occupy,etitablish.and u�e the Property as Borron•er's principaf re4ide.;a��-�n sixty days after Qie e.�ew'��n of ••
<br /> • � .';�.:�: this 5er�.rity inswment and rhall continue tn occupy the Pth�2y as Borrouer's firi:�.-.��:+1 re�idence for at lqst o��,�sfter `r"• -
<br /> • _��•.; ' � �,f: the date of occupartcy..anless Lender otherv�ise�,s;reey in wr.ting. which atas.°r,�hall not be unreasonably�vithheld,o�untes+ .:
<br /> ' t•; extenuating circum�ar,a:ec exist ���hich are be}�an�•Borra�ver's coetroi. �e+mn.�•a��er shall not destrny. damage or impair•the
<br /> • '�� '� Prnperty. allow the Pri►pcny to deteriorato. or�vmmit watite on the Piv Sorro�ver yhall be in default if any forfeiture '�� '_
<br /> � �y'�S'- '.
<br /> '...,a';�!: .
<br /> : , ��,•'`' ` a�yion nr prncecding, whether civil or criminal, is begun that in Lender's good faith judgment rnuld rewlt in forfeiw.rc of the �-,.
<br /> :.�)'��d;;' �•'�� ' Propetty or otherwise materially impzir the lien created by this 5ecurity InStrument or Leader'ti security interest.Bam:•�r:s may ,,,-;,..
<br /> � '?'��'"���'-��"�' cure such a dePault and reinUate.a.ti pro�•ide�1 in paru�raph 18,by«u>ing the actian ar pnK:;oding to bc dismissed v�irL^.�z_tuling �.'`:.-:
<br /> . ..,�'"�:l�i:` : ��:;�' � roctcvles forfeiture of the Bnrro�ser's inten.ht in the Prop:ny or atlier cr.�!criai . , ,
<br /> •<�.... • F• �` that, in Lcnder'+good faith determinati�n. p "`'
<br /> .....• tn;�, ; , .
<br /> � � • ��i � impairment of the lien created by this Securily Xrr�crument or Lender s secudry.interest. Borrow�er shall a1�o be in detault if
<br /> .��_,'.,'',,^'.'-.. :v.�yt..� ' . �
<br /> '����r. .�..�±i� , Borrou•er,during the toan applicatiun proeas.�a�r.materially false or inauvraie mfi�rmntion or statements to Lendc�(esr failed
<br /> "':;:��,�v.i�:-_:�:. ,
<br /> ��„'r ftH i��;�w,'.:�' , to provido I.cnder with an�,materi�l information►in cannection with the lo:in 4�idenced hy the Note.including.Nat ruit limited
<br /> , tn. repreyentatian�concemmg&±mn+er's ocevpancy of the�mpeny�a pnnr�Qal rcsidence. IP this Security la�tntment.is nn a
<br /> "'"'� ' '� - Iraachutd. Borro�ccr +hall comply w�ith all the provisions uf the lease. !t Borro«•cr acquirct fee titl�s a� the Propcny, the ��
<br /> � .: , '' lea�ehuld and tho fee title�hall not merge unl�rs l.ender agrees to the mergcr.in writing. •
<br /> � . 7.['rotertiom of Lender's Ri�6ts in the Prope�ty.If Bnrrower fails ta perfurm the c�ti�enants and�greements umtained in
<br /> . - thi.Security lnrtntment.ur therc is a Ie;al�pmceeding that may signi�camty affeet[.ender�right�in the Propeny I+uch�s a
<br />- ' , proceeding in bankruptcy.prabate. for amdemnation or furfeiture ur to ent�irce la«ti or regulations�,then Lender may do and
<br />` , , pay- for whatcecr i.nece+wry to protect thc value of tl�e Prc�perty and l.ender'�righiti in the Pr��perty• Lender'�actions may
<br /> . � include paying any sumc ,ecured by a lien whicb has priority over this Security In.rtrument. uppearing in roun. paying
<br /> . - rca�nnable auomcys' fce�and entecing on the Property to m:ike repairs. Although l.endcr may takc act�un under thi�paragraph
<br /> • �.Lcndcr docs not have to do u�.
<br /> = -- - An�� ;imounts di�bpraed by Lenctrr under �his parugraph 7 shall become additioaal deb� of Bmm��er �ecumd by �his ;
<br /> .. :� • . Security Instrument. Unles�Burnnver and Lrnder agrce to other tcmis of pa�mcnt.�hea+r amounts shall bear interest fn�m the
<br /> � date of disbunement at the Nrne rate and shall be payahle. �vith inter�t, upon notfce f'rum i.cnder w Borro«'cr req��sting
<br /> :,�.,#,;;=:r, _ a ment. �
<br /> . p•y
<br /> ."- � - fi�Aiort�e It�surnncr.tf Lender required rm�rtgage iruurunce:�s a conditiun oi�mking the toan secured by this Securiry
<br /> • lnstnt�nent. Bnrm��•er shall pay the premiumc reyuim.f to maintain the mortgage iasursnce in effert. If, for any rcason. the
<br /> ' � m�mgage insurance rnverage reyuircd by l.ender lapses ar c�ases to be in effect.Bnrro�cer shall pay the premiums required to
<br /> ' ' _, ' ubt;u�f roverage substantially equivatent to Ihe mottgagv inwrance previousty in effect.at a cro�t substantially eyuivalent to Ihe .
<br />= � � � cast ta Bnrm�ver of th�mortgage insur.,nce previoucly in effect. from an altemate mortgage insurer apprnved b�• Lrnder. If .
<br /> -:...... ..._I�_.��_.�...
<br /> i ... - - - - va�a of a farm 8028 9180 :.
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