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<br /> • l,ander mo►y�at any Wr�,oof�oot arid hotd amounts tor Bserow Itoms tn an aggropato amount noTro 1 a't�iit m��
<br /> `" tmcunt thet may bo r�quteei for Borrowofo oscrow axount under the Roul Eetata 8otttemont Procedurea Aat a}19t4, tp U.9.C.
<br /> ' �2fi01 Sj ggq,and Imptementhg rapulntbns,24 CFR PaR 3500,es they may be amended irom time to time('RESPA•),excipt
<br /> � �, that tho ouahbn or rese�ve pemittled by RESPA for unantbipated dlsbursemen�s or dlsbureerr�ents before the Elorrow�e �,
<br /> � paymento are avaltabie In tho tcaount may not be based on amounta due(or the moRgege Insurance premtum.
<br /> • tf the amounts hold by Landw tor Eacrori ltoma oxeeed the amounts psrmktad to bo hetd by RESPq I.andar aha7 aeoount
<br /> � to Borrowsr tor the excese tunds aa requirod by PESPA. If tha amounts of tunds hetd by Lender at eny ttms u�nat auttloUnt to
<br /> � , pty t110 EBCrow IterttB whM du6,I.ender msy notiy tho Bortower and requke Borrower to make up ths ahoriepe as pem4'iod by
<br /> ° �':�J f��ll =
<br /> t TM Esorow Funds ue pledgsd as addkionat sewrHy tar aA sums seoured by thb SecwRy Insuumant, it Barrower bnden
<br /> �°"'� to Lander ths tuil payment ot at1 auoh eurr�s,Bortowers account shali ba aredked wfth the 6alance remainirtg tor tN(natulYnent =
<br /> . _ hems(�). (b), and (o) nnd any rnoRpepe insurenca premtum hamlimant that Lender has not beooma obl'Rated to pay to the
<br /> Sicr�tuy.�nd L.onder ehail prompUy refund any excesa tunda to Bo�rower.Immedfatety pdor to a toroolosure tsab ot Me Property _
<br /> •, or ks aaqubkbn by 4ender. 8ortowars acaount shatl be credfted wkh any balance remetn{np ior ali Inctalinvnts Mr kcina(a�lb� _-
<br /> 4�_.
<br /> ?s, and(o� ��:.
<br /> , - '� 3.App11ClIUOIt 0�Pay1rl8111�.All paymer►ts undet Pt�rBgraphs 1 end 2 shalf be e�pped by Lend�8s tollow8: F�e
<br /> FU�to the mortpapo haurance premtum to be pald by Lender to the Seoremry or to the monthry oha�e by the Secretery �'"
<br /> , �=--
<br /> Instead of the monthy matQaye Insurareee premium: -
<br /> � � 8econd� to any texas, special asaessments. teasehotd payments or ground �enta, and flre, Bood and other ha�erd _
<br /> • .. . -�, h►surance ptt:mAima�aa rcqufrccd: __
<br /> Tht[d�to hterest due ander ths Note: �'_
<br /> - �' FOt1lth�to emoRlmtlon ot the prinotpat af the Note;ans!
<br /> � ' Flith�to late eharqes due under the Note. �-`
<br />` � 4. Fire� Fleod nnd Other Hezard insurance. BoROwer shali Insure ail Improvementa on the Propert!►,wAmner _
<br /> n ;' now h existence or subsequently erected. eflainst enY ha�ards. casuaRies, and aonUnponc�es, hoWding Rm,for wA�h I�rlder =
<br /> reputres heurertce. This insuranea ahall be malnt�ned in the amounts and tor the pedods Mat Lender requUes. Borrowvr ehatl =
<br /> fliso t�sure ali improvements on the Praperty, whether now k1 existence or subsequentty ereoted, epahst iose by Rooda to the
<br /> axt6�t�equY6d by the SeCtet6ry. All insufenCO sh811 be Certled with COmpenlB9&pproved by Lender.The hSUtartCe poYCi9s Ynd
<br /> � . � • any renewats ahaY be heb by L�der and sha0 include bss payable ctauses In tavor of,end h a form acceptabte to,L.ende�r.
<br /> �� •- � In the event ot bss, Borrower sha0 gke Lender Immedlate notfce by mail. I.ender�may make proof of bse� 40t nfede
<br /> �;� �
<br /> �" , --a� promptly bY eoaower. Eeah nsurance comyanr ov*�ammi ia iu�d+r autiwriaid anG �iE�aata3 ta msita psymsss! !or ax�s �S �
<br /> - . : ... __ direoty to Lendet,hstead ot to 8ortower end to Lender johth. Ali ot 8ny part of the(nsurtnCe P��88ds mtr b��ppUYd�y "
<br />"O''+��`,• ,' Lender,at Ita aP�n.either (a) to the reductton of Ne tndebtedrtess under the Note and this Secur�y,instrumen4 tFst to any
<br /> :�:,�it�;, .f ; deihyu0nt amounts apPlied in the order b P�ra��aph 3,end then to pre{►aYment of Prhoipal,a(b)to the rastoration or cmpair of �
<br /> ;a;i�'•'1;a��':' the dtmaped Propert�r. My applk�tbn ot the proceeds to the pdrtotpai ahall not eMend or postpone the due dete qf the
<br /> '(�i.t,�.,_ .
<br />�=��i::��.;.,.„ moMhy paymeeta whbh are referred to In Pere�raph 2, or chenpe the amount ot such pbyms�tt9. My excess ins�rence --
<br />"''-'•�'��'�` '' atl outaten indebtednesa urider the Note and thk Secu' Inadument shatl be aid
<br /> _�`::o,�,•r",,�� Procaods over an amount required M Psy dh8 Mft C
<br />-^ to tt�e entRY t�alN sntitted thersto.
<br /> r,-,:•�..��ri _ ,
<br /> In t7�a avwit of forocbsure of this Secur�y tnstrument or ather transfer of tkte to the Propetty that e�dinguishes,tha
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<br /> - � r, • Indebtodrt�ss,ali�ht,titie and Interest Ot BOrtower in end to tnsurartce polbtes M fOrce 6hail pass to the ourohaser.
<br />_'�''..°,��,'-,":°�'-
<br />�.�::a,;� 6. Oacupancy. Pre.servaUon� Mntntenanca and P�oteotton oi the Prpperty; 8orrower's Lrosn
<br />-�°�,�"'"'"` Applicatton; Leaseholals. eorcower s�i oxupr,essc�i�n,and use the Propeny as 8omowers prOnc�t rosfdenc�wlthh
<br /> ti—:;���f�:
<br />_��..:.�_��, sEdy dnys aR�r the�cecudon of 4his Security insW�n¢nt(or withh aMy days at•a lnte�sate a transtar of fha Propaty)�nd stuY
<br /> —; ` eontinus to oceupy the Property ea Barowefs prinepal residence tot'at bast one yenrr e11er ths date of oeaup�noy.unloss
<br /> - -�• a•":. �
<br />=°-�'i:;;� Lender determhes that requtreement wN cause undue hardsAtp tor BoROwer.or unte.sa extanuathp eircumstances eodst whtoh ua
<br /> —;�;.,,
<br /> �s:�
<br />=�1�:;--; -'� beyond Bortowers eontrol Bonower shaq aotHy I.ender ot any eoQenuattng ateumstences. .Borrower shaY not oommk wa�b or
<br />— dastroy, damaQe or subatenNalry chanpe the Property o� anow the i'roperty to detertarate. ressonebl�w�u ana tear azcepted.
<br /> --.. ,�... � Lender may (nspeot tho Properly tf tha PropeAy b vacant or aAandoned or the loan ts M detauC.��s�:nay take �eflsonabk -
<br /> ='"'�����`�� eotion to proteat ond preserve suoh�t or abandoned Property.Borrower shaA also be In dafauR if Borrower.dudnp the bm
<br /> '��.,_-'...:
<br />�,�'-�-;,�,,. �PPpcubn proceas.pave mat�iatN tatse or haeeurate htormatbn or slat�ne�►ts to Lender (or telled to provlde Irender wRb arnr
<br /> .,W��`� mttarfti hformatioo)In conneotion w�h tho kan euidenced by the Note,k�ctudhp,but not OmRed to,representttions oonceminp
<br /> ,,,,�,� . _
<br />��"'"'�° 8or►owere occupanoy ot tha Property as a prtnatpal residence. If this SecurBy inshument Is on a Ix�sQhold. Bor►owx �har
<br />--- �'�*"�- •
<br /> �� `"�"+`�'+"�'�r} �' comph wkh the proviabns at tha tease.If Borrower aaquires tee tftle to the PropeRy,the IeosehotA and fe�tids shaY rtot�s
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<br /> _<����:?`;f{;' '.� me�Qed ttoless Lender ayrees to the merper h wr�M�.
<br />-,.�rz:;�i.., _
<br /> -'�:tis',�'°�,• , -� 8. Condemeetion. �rno a�s ot enr a.�ara c�omrn ror dameQes�d(rect cr canueqaenti�►,D��onnecUon with any e
<br /> °.:�`1�;+;;''� ,�
<br /> - ^��� • condemnaUon or o4ho►t�kk�p of any part o!the PropMy.or tor oomreYance h pince o}condemns�tioa.ere herabr ass�rtsd�nd
<br />-� sAaY bs pald to Lender to the e�dent ot the tuG amount of the indebtodness that remalns nnpald under Me No4e md thb _
<br /> 3ecurY�r tns0umen� lender shaU apPy suah proce�ds to the reduction oi the hdebtednesa under the Note and this SeCUtfly -
<br /> � � InBbument,1YSt to any deih4uent unounts applied in the order provided h Parayraph 3, and then to prepaymer►t ot prinaipal. _ -
<br /> ;7' Any epplk:aGon of the proceeds to tha prirtotpat ehaU not extend or postpone the due date of the monthry payrtienls.whbh ere N
<br />_- L� retemtd to In Pamp�vph 2, or chanpe the amount of such payments.My e�ss ptoceeds over en emoun!roquired to O8Y� _
<br /> �� autstlndlnp hdebtedn9sa under the Note and thb Seeurity Instrument shaU be patd to th9 entAy 10QaVy entiGed tharoto• =-
<br /> _ - . . . ��' 4--.
<br />_:. __..��� : 7. Cherqes to Borrower a�d Proteation of Le�der's Rtghta in the P�operly. �orro,�er enai par an �jW�
<br /> --- _-
<br /> 9ovemmonb! or munictpal oAeraes, fines en0 ImpoaR►ona tnat erA not tnaU� e+ Panaprapn z. eortower a�o pq irtese
<br /> - •� abll�tbns on timo dM9ctyr to tRe entUy whkA ts owed the payment If faltae to pay wauld advarsety attect L6nder[s htorast h _
<br /> � the PropeAy.upon lsndofs request Boirower shW promAUY wmish to Lender�ecetpts evMenohp thss0 pa�ts.
<br /> - If Borro►rer taAS to make these payments or the pnyments requMed by Peragraph 2.or fa�s to Dertortn any other ooven�nts
<br /> - and epreements Contahed h th(s Seeu�Instrumm�or there is a lepal precesdlnp thet may sipn�kently aNeCt Lende�'6 rt�hta in
<br /> '. tho Propert�r(sueh a6 a proceedirtp h bankruptay,for eon0emnation or to eMoree taw�s or reBulatlona).then lender mny do and
<br /> pay whatever Is necesaery to protect the vaue ot the Property and Lender's rtgMs In the Propeity,hcludhp paymen!cf�ces,
<br /> hererd hsurence end othe�Items mentioned h Pere��eph 2
<br /> „ Fas+a�MO��roe� Pao•p oe a
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