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<br /> l�der may. at any time. eo�eq 8.tid ha�d e�nounts fir Esaorr ttems(n an ago,�e�+�amov:+:noa to e�Ts�a1���um
<br /> ' `� �..`� amount that may ba requUed tor Bortowels esacw 8aount urtder the Reat Estaze Setttement Pcocedures AGt ot f97o,t2 U.&C. '
<br /> ,� �2B01 gE se�.,and Imptem�sting regutattons.24 CFR Fast 3500.�.s t�ey may be emend�i from time to G�re('�A'}. acoept �
<br /> , .' :-_+ that the cushion or reseve permttted by RESPA tor unantccxpated �sDursementsc c� dasbursements Detoce the Borro�ner's , , +, �-;
<br /> 'pat
<br /> .. . . s paYm2nt9 ere avaifable in tre aaouni may rtot be based cn emoun�dne tor the moRgage a�suwnce Rremw�. ' �•..,�.;.. '.�.;,.?:.:�
<br /> ' " � H the emounts he[d try lende tot Escrow Ii�ns exceed t�+e a'smcv+ts Dermitted to be Retd Dy RESP0.lender sRaD eccocmt � � ' � '��`
<br /> J`�'� - • 't' to Borrower tcr the exoess tunds as requbed by RESPA.p tAe eawucLS ot iwds hetd Oy lender at any tlm.e era rtat sutfic�ent to ��., <.. :1��.`;.,'_,,,::.:
<br /> .. :� � ~
<br /> pay the Escaw lte�ns wh�due lend�may aotity ttie Bortawer aad re�uire Borrower to make up the s:+ortaga as pemitted by
<br /> ., •'i RESPA .'',.•. ,..;,;: ;.
<br /> - -,' The Escrow Fun1s are p.`edSed as addiitor�at seaufry tor ell sums secured Dy tt+is SeairitY R+saumeni H BaROVrer tenders -- --.-i:'.=":_ '' :
<br /> - --- ~:�� to Lend�ttie tu�payment at a9 such susre.Bo�axQr's exoaat shal!Es cred�ted+�the Da'ncsce remainin9 tor aU(rtstallment ---- ���_`.;'- -��
<br /> , _. .�.'R _�:._-_<_,.
<br /> ` �. ;y �ems (a). (D),and (c) and eny moR�ge ins�aazice Dremium inst�nFni that f.end�r has rtot becocne obQ�ted to Da!to tr� ?�.._.,W�, ��.
<br /> . � .
<br /> � � • Seaemry.and Lendzr shaU PromDBY refund any e�ceess hmds ta Borrov�er.ImmecBaz�,y priur to a tace�tos�ue sa'e o0 tRe Roper�P , �
<br /> • � or @s aoqti�lon by Leidet,Bortowers eaatnt sha7 6a credde0 wftT►eny belat►ee�ma.'ting tnr al instr.'Drm�its tor itc�n3 Ea).(fl?. '"' ' ' '
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<br /> � �° 3.!�(1[�/�Qtt.Q�(?�IfSiBMS..A0 peym�ts und�Paraga,phs 1 end 2 shaA be ap�d Dy l��r as t�S4ws: r a3 � �.:•
<br /> �6eS�tb the mnAga9@�rysurano�Pt�1�.to be Patd by Len6aF to the SEa",.�.+Y ar t�the aa��t.3'�cna.�o�p the SFas�-ry • • :.;'��s,`r:�-�:_,.-
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<br /> , �1. ais�d ot tAe monihi�mottgs9�insureirCQ premium:. � °
<br /> -- �z° SecORd. to•at►Y texes. SPec�► ass�ssl�nfs l�sehotd paym�nts a �ound �ts. and Ure. ftaad en� oth� hazard � .�,�. : -
<br /> ——...— _-'�� —_ -_
<br /> . �,•y� '.y;, . i(ISUl811CB pt2II1LIIIIS.8S ieQllQ2t�
<br /> � �' , Third.to interest due und�the Not� _-
<br /> c.;�;���.;f{y�� :. FOisrth.to acoart�tion of the prinoipaf ot Ute Note:end .. .
<br /> ` F H t hs t o I a b a c h a r 9 e s d u e u n d�t h e P[o t e. .�
<br /> �F c .:.,.�.,�?�f 1 � , _
<br /> F`� `��},;r�cs�s'. 4. F1fe. �l�s ltRBB �QC.ti�lerd IttBqrattce. BoROwer shaD'u►sure afl impmrenents on the Fropecry.whetha _--
<br /> �..,��;►'l•�. . • :tav�n.iti'er3stence oi•a�st�eq¢�s a�ted. 8�ir+st ar►Y hazards� c a s u a R tes.en 0 c o n tl ngen des. i n e f u d i n g f u e.f o r w h i c h L e n d e r � �;:r��
<br /> . '�(�i>�'�': � �e�dtr�s Insurence.Th� insurr�:ce shf�l be mair►tained fn the amaurrts and for the periods Ut�i lender requires. Bortow�sfiaU :. ��,�
<br /> • �' also insure a0 improv�nerrts on Ute ttoperty.whethet now in e�dstenee or suDsequenU�►erected.ayainst loss by ftoods to ifie �•: _ —
<br /> < e�Qent required by tfie Secretary.NI fisurance sheD be carzied wiU�eompan�es apptoved by l.ender.The inswance pofides and
<br /> ...��.
<br /> '"'`• ' • • any reneuvats shaD ba Add by Lender�d sl�0 fn�ude ioss payabte clauses in�avtsr of.and tn a form aorx�taWe tn.Le�d�. ,, , � '__
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<br /> � ' ' tn the ev�t a1 toss. Bortowv shaD give lender 6nmedf�a•c+at�e by thml. i.�d�may make proof of�oss B not made . -�;'
<br /> _ ' pmmpfry by 6crraw�r. EacA tnsurance comp�y coneemed fs.tfcr�y authorized and d�rected W make Fayment tor sucA toss �-__
<br /> - � � Etrectly to Lertder,instead of W Borrower and ta�,end�Io�IfY.DLh'.or any`DaR of the insuwnce praceeds maY be gPP�61l .
<br /> .. , ,,}. ':.
<br /> .. . _ Lend� at�s opUon� either(a)to the reduc�tcrt¢f'il�e i�d�iea�n�ss uc�der ttra�yote and this Seatrfry t�Tci�ment ftist to eny • _
<br /> . . . deQnquent emounts aGDlled in the order in Parag�jpit 3.and tt�y to WeR��m3 p�dPa1.cr(b)to ths�e'sCOra![on or repatr of _
<br />� � the damaged Property. My apps�tian of the proceeds ta.qi��rdnxtpal shall rtot ext¢nd or�postpone the due date o!the -„:. __
<br /> exoess h1s�t�rlce '�' •-
<br /> ' �, ' . mms}iit� paym�nts whicb aie cet�ds b m Paragrapl� Z,�,ss�uf;tacs9e the amo�mt af such paym?.rita. Any _
<br /> • � p�a$s aver an amount requfr�T rf��aY:�1 0���08�a'�f��ss urtdet the Note and th}a�aauxFty I�siru�tt aheD be patd '. ,,,R�
<br /> _:_ __— � 'tv the e�liry 1e3�1!e�tled thereta,'. '. .'� • ' . .�. , � � �, �
<br /> �' � �,�:;} In the event of toredosure d(:.�lr� Secuy't�� �li�ivment or other Uansfer o} title to the PtopeAy that eiRtngutshes tha � -,_
<br />� �Jj d�f� fidebtedness.all dghti title and�r�S oP Barrow�'(n a�d w insu:ance poRGes ln torce shaD pasa to the purchaser. , --
<br /> l��F,�: i � .
<br /> ; ,:;,t�'�i?� 5. Occug�ancy. Presoau�5on. Mai�en�cs �£'�'rotection o! the P1���erty; Borrawe�'s L+aan --
<br /> ;��r' ' AppltCBtiOt1; L+0388hOlde.BoROwer shail ota��;.�J�1�pt�d use the Ptoperty as 6orrowcvs prfnc�al.r4sidenoe within . �
<br /> ,N }�{.,;+5:;, sycty days after the�on of tfiis Security Inslr�7�ra.t:a�r•xc�Rirt sixty►daYs of a►ater saie or transter o1 the�+Prage�end shali • . r �
<br /> +�i� �r�/f�.. (Ijl8I1�►• Ufl�B$8 �r .
<br /> t;. �,�ry�y��;f cor�tnue to accu�F'alm�Ptoperty es Borrowei's polirJ�!estdence tor at�eas1 one year aft�the date ot aac ;
<br /> -. ��}�{f•.: :� � Lenaer dete,rmines d�"?��er►t wiU eausa unQue hardst.[��ri'dalerower.or untess�d�ua!(ng chcumstances exbt whfch.ar8 , ,�; v°—
<br /> +/ v M ,,r��r;r�_
<br /> beyond Bortowefs,�r:troL 8crrawe►shaD notity lertder of ea���cfC�a3Un9 cUamstances. Borrower shall not eommit wavtg ar
<br /> - d�y. �naga qr.es�.yst�tiafy ohange the Rroperty►or aIla�i1i���roperiyr to deteriorate. reasonaDte weal and tear�ccepied. ".` __
<br /> "� �¢nder may inspc�:flira PropeAy fl the Propary is vacant or a�arrloned or t�r.Laan Is� detautt. Lender may fake reasonable : ���Y.
<br /> . L¢n
<br /> • � attton to protee7:asd��U're3eNe sueb vacant or abartEoned ProDertly So�ower�J�aII also be in defauR H Borrower.dudng the�oan
<br /> � • .. epp�ticn prooe'ss.ga�►e r��tt;S,�Ise or fnaewrate tntams�in�"�r statements to Lender(or taited to provfde Lender wltb$►ry .`
<br /> � . �,,�iF ,'_ ,' r ^
<br /> ��,� ,•�, maG�i infortnatlortj.in connecQart•wltJs iha Iean evtdenced by�tTre t�iste.induding.but aot Omited to�represeatations con� .
<br /> � . BarrowePs occla�rr,�y o1 the Pm���Ry es a Fl.'1n�«sid��r�:."!h'ttds Seeurity Instrum�t is on a Iease�oW. Boao�ver�dh91: ,��+�. '
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<br /> . � � compy with th2 p�sions of the lease. tf Bxf?�vc�:'r�RU"ues��e title to the:P�operty. the leasehotd and fea•.�6e shaU rto�Cltrt ,
<br /> � , . ,:. merg¢d unless Lerrr�a�ees to the merger in wrd�lt�3• �. � � . ' A, f � • ,-
<br /> . � 6. Candemnatton.The proceeds of any award er es�m tor damages.d'Red or�onsequenUal. In coanectlan w�.��r,�o .'�'�? �r•
<br /> condemnatlon or other taWng of a�sq parl af the PcopeAy.or tf�e cc=nveyance in ptace of cemd�matlon.ere hereby ass3g�9 c►�t' � ��.,;{ '.," �� j,. ;
<br /> � � ��. sha0 be patd to funder to the e#ent of the 1uA emourt.ct tlia indebtedrtess that temalns�paid under the Nate and i'ds� � i�,,'. ,...+;:;• r�.`5 ;
<br />- . Secu�yr fnsC►�secst• I:mder shatl epD�Y sueh P.��to the tedue�on af fRe indeDtemness ander tho Na�and thls Sewrity � - � F.
<br /> •� � . : ::. , •',
<br /> Ustrument,first Tr�arn,G de`artc{�ce�t amounts ap�IieRi'�n the arder provided in Fsra�aAh 3. and tAen to prnp�ment of princlpal. , , , ,r . �,,: `
<br /> ,i•,
<br /> � t' �T�,� AnY eAP�ort ot tho proe�4b��he pdn�p�!sitizl�not c�deRd or postpene the due datc-+of;U�rct mor�ihty payinents.v,rhEch ate � .. ,
<br /> � ,., x�
<br /> ,,��`�t�.,� � h Z.or duu�g�the�r►aw+t of aueFe ¢xmente.M excess proc2ed$�ar�►emount required to g��y dl ;�� ,;��� '�
<br /> ; !;,'� ,•.1t�.`, re�red to In Pera�'ap G y ., ,,,,.;l%iti.�lr;�
<br /> ' • out�tend3rg indebtedt►ess under the Piote artd thi�5erxuit�l U�sUvmcmt sha�!ba pa'd to the c�j►I�gaSy�titicd th�reto. „ i . +:� .
<br />-_ �. , 7. Ch�n�tb �arrosnrar and I�rct'c�on o! Lsnder's �fgh4s tn tios �apertq �ar�cwe�shan pay a0 • .,f • . . . ,.'
<br /> govemmerrtel ar mun":clpat charges. flnes sna Empasitians thffi are not Inciuded c� FaragrapA 2 Bortawer shM pay fhase � . . .
<br /> - ' otiligaHar�s an tune�reay to a,e snriiv wAtst,ts oweert 6�e�paymen� n mm,re to�pay waae aduersey afrea lenaa's mterest tn _ ,
<br /> � tAa PropertY.W�on Lender's ro4uest Bome�ver shaU prompriy[Umish ta lenQer recelpts e+(��d�8 these D�ents. .. • ':
<br /> - � _ � N 8otro�cet 1Utls to make these payments er the paymenta requtred by Paraqapfi 2.or teUs to pedorm arry othe�covenants ..
<br /> -- . � and agreements contalned in thb Sewrity fistrumeM,or there Is e tegat proceed'mg that may signifl�anUy aHect lendeYs�igMs in , .
<br /> • E ths ProDertY(such as a proceed'urg 1n hankrupt�Y.tor condemnaUon or to enforce faws or teguTatlons).then Lender may do and -- _ - -
<br /> ' , • '� pay vfiat¢uer is neaessary to P�tect tde value of the PropeRy and Lendcr's dghts In the Roperty.inelufiing payrt�eM ot taxes. . ' " ... .
<br /> - i ha�rQ o+surenee ana other items mentioned in Paragraph 2. '
<br /> ':r-' :--- -. .- - - ��at3'.;:.:,i:.�: Papo Y ot 5 =----
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