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<br /> � + Bonrowere aserow acoount undGr the tederol Fi�sl Hstate&etttement Proaedures Aat of 1974 uB amsnd��hom ttm3 to tlm�, fE U.B.C. E"
<br /> .�-�, . Qfi01 n saq,('a7ESPA"),untesa anothor I�w that applf�a to tho Funds sots�te�ser amount. If so,Lender may,at nny tlm�,colkot tnd ��
<br /> y� hoi�Funds In tr►amount not to�xcoed tha aas�amount. Lendor msy asGmate tho amount of NndB due on the btat�of cumant dtt� �:
<br /> . • .,,��y. 1nd rwsontbl� aslknates ol w�pendrturas ot tuturo Eearow Itams or otherwisa In accordertco rrtth npplbabb iaw. � R''
<br /> Tht Funda ehail be hnid (n an fnsttiutlan wh0oo dcpoatta nro Naurcd by a tederui ngsnoy, Inatrum�ntRlHy. or entfty (holudMp � �.:
<br /> „ � �� len0er, N �ende�Is suoh an instttutbn) or h any F�daa1 Hcr+a Loan Bank. Lenda snstl ippry the Funde to pay M�Esorow It�ma, __
<br /> �� Lender mwy no3 oharpe Bortower tor Aotd�y and aQptylnp tne FunCS,a�+nuaty anary�np the escrow eecouat,or verNyhp th�Eoaroui?'w _
<br /> . . „ �:, �� It�m�,uni�s�Lend�r pays Bonowor htonst on tho Funda end epplionbte aw p�mka t,ender tp m�I<o such a oharq�. HowwN,Lendar -
<br /> ;.�� may require 8oaowar to pay a onatirrte ohnrpe tor an hdeper+den!reai estete tex reporttng ssMoe used by l�ndsr M oonmotbn wkA � _
<br /> ,��,�� this btn. unlesa�pplkable law provtde8 othetvtise. Unb38 an nqreemant ts msde or epplloa0ta taw requtro:.fntcsc�t to bo p�td,LCnd�r �
<br /> _- _--_.-�f- tP�aN not b�►squir�d to pay Bortower any int�nst or eamhgs on tAe Funds. 9otrower end Lender may spr�e h writhp,how�wr,that�
<br />.Y�,�� ht�nst shU bs petd on the Funde. l�nda shell pNe to 8ortower, wMOUt charge, ao ennuml uccounthg af ths Funda, eAOwhp
<br /> - crad�s and dobRs to tho Funds nnd tho purposn tor whbh each debl!to tha Funds was mada The Funds are ptod�d as addktontl
<br />- � . securi�r tor tU sums secured by this SecurMy tnstruman4
<br /> � � �� , If ths Funda hefd by lender dxc�ed ths emounta permftttvl to be hetd by appLoebt� bw,Lendar ehaU account to Borrow�►for the
<br /> QxCisS Funda in necordanc0 wRh the requkemeMs ot appiiaabt�taw. If tha arnai+M ot tha Funds hctd by LenQe►nt eny tY+N b eot �
<br />`'�Y •':;'�� sutfle4nt to pay tAe Escrow items when due,Lende►may so notYy BoROwer h writin@.8nd,h suoh case Bortow�eheG piy to t�end�r
<br /> `1�`+' the orraunt necassery to make up the deftciency.Borro�rer st�a0 mvice up tho defiobnc�r In no mare than hreNe monthy paymsnte.at
<br /> ' Landlr8 sal�dlscretbn.
<br /> URon ptyment tn NU o}aU sums secured by tAb Security instiumont,La�dor shell promytty refund to 8ortower any Funds hald Ey
<br /> -�„��...,,... , • 1an0er. tf,under Pare9�eD�2t,Lender ahail ae4utre a se9 the PtopaRy,Lertdsr. Prtor to th9 flequlsttion or sgtg of tM ProprAy�shall _
<br /> ���_'� ep�y eny Funds held by lsnder at the ttme ot acqutsltton or stta as a credR ayatnsl tAp sums secured by this Seaurfty Insfiemenl.
<br /> '_�'_�•� 0 �wwlbu�inn nf Awumwnta. tlntagu annUca61�4�w provldes OtR6fwISB,id pitYm�tB r9C81v8t1 Dy LW1d6�iiitd:i p3iY.�GPRS '
<br /> � �r-._...._•- .• _�•----
<br />-;_':�,.:;;���' , t and 2 s1W be ippiled: tirst,to any prepayment charpes dua under the NotB;seCOnd. to amountb payabta under partpraph�tht0
<br /> to Intere3t d►b;taunh,to p�irtc�pat due;and last,to any tato chergos due un�a IhQ Noto.
<br /> '�'�:p`=�-- 4. ChnT�CS; Ue�B. Bor►ower shalt pay a0 taxes, ossessmanta,chnrpo3,thes and Imposftbns attributsble to tAe Pro�ertfr
<br /> �;:�� whkh mary attah prlority over thts Security instrument, and ieasehold paym�►ts ar pround rents, B eny Borrower shal psy ttusa
<br /> - oh!'pitJons h the manner provided h parapreph 2,or ff not paid I�that manner.Borrower s�ay pay them on th2e dYeetry M tha person
<br /> -��r:��`��1� owed piaymn� 8ortawer shall promptty tumish M l�der at1 aoticos of emaunts to be patd under tAEs parngreQd. It Bc+ro�Ker mekea
<br />_:-`z""� thos�PsY�ts dlrecUY.Bomower shaU prompty t�misb to Lertder receiPis evidenaing tho paYmenie.
<br /> _�,;.
<br /> _--_>-�_'__��„� Borrower sAetl ptomPtN dlsaAarpe any lien vrhtch has P�MY over this SecuriQY Instrument unless Bo�roxar:(a)a�rees h wriUnp to
<br /> _=`-��� tRo ptym�nt of lhe oblipatAn secured by the lien In a manner aceepttittibl�to Lendsr;(b)aontests in gaod fa�D ths Sl�en by.at d�teltds
<br /> _:�',"��� apatnat enlorcement of the lien in.tega►Proceedhps whtch h!he Lendsrs opfilon operate to prevent the entercement ot tha Qen;a�(o)
<br /> ::,,y;^.,,�.: ,— s�ur� 4`+arn tlto t�0lt.,,W o! tMt !l�At 8n e�re�t se3�s�acio�'Ev Li.�cioi sus8rd:.6i�.0 :lsC°..�2C!!s� $�lsrLY Snafn�mw►t i!Land�r .
<br /> �'r'�.' detKmineBlhat any pAR Pf the Property is suhject to a Aen whbh may ettain D+brkli ove�this Secur@Y in&humertt. Lertder may QAte
<br /> ��`;r',:
<br />�._•.;��,;�. Baroiwor a notice identYyt►p the lien. Bortower shnu satisry the Uen or take orte or more of the aotlona ser?¢�above w�hb 10 dtys
<br /> --_�„� ot tM gtvig of notke.
<br /> G. H�zard or Properly tmsurance. BOtrower shE9 kep the �nsprove�nents b�w.extsttnp o* n�roat� a�'?o�.on tl+a '
<br /> -- - — PropBtty tnsured agahst bss by fUa,t�a�rds inatuded wRhh the term "exDended coverage prid orqr oU►ar��rds.inekt���cbds a
<br /> - -- lbodh0. for whi¢A Lender ce9ulres Msurence. ThLa tnsunnce sha0 be rt�htairsed h the afiounte end for th0 p�rbW th�at Undar
<br /> �Y — requYas. fie insurence carrier prov[di�p the insutance shaU be ohosen Dy 9orrower subJect to lAnders apQrove�whtoh sf�6 nCt bv
<br /> =`-u�'�""� unrelsonabty wBAhetd. If Bortorrar taUS to mednfah covetage de5cri0ed above.Lendet may�at Lenders cPUon.obSiYt cove�a0�t0'
<br /> -- pe�ot�et Lender's riphts h tha Prog�r in eceordance wRh paregraph 7.
<br /> —1 Ar tnsuranee Poibies end renewals shail be acceptabl�to Lender and shaU incUde e standand mortQugo clause. Londer sh�tl Atw
<br /> th�rtpht to hob the poliaies and renowats. It Lender requtres� Bortowe► shaD promptty gMe to Len�r atl reestpts M f�t[6 P�n4�tm
<br /> and renevnl ��ttces. !n tRe event of bss, Bortower shaN qAre prompt notbe W the insu�anco certtat and tAndv.Lmd�mny haelc9. .
<br /> proot of bsa il not made prompty by 8ortower. � .
<br /> U�lest Lender and eorrower otfierwise apree b w�ithp.insurance ptoceads s�ad 4e aAPtled to re3tora8on or repatr pf 11a Pto�sAy �, . �.
<br /> �ed,l the restoration or rapatr Ss economiaUly teasbia and tsnders secur�lr is�ot b5sened if tRO nsto�tioa a�D�'�S na! � :
<br /> eCOnOmiCetJ teasfbte o� tsnders a�aurh�►wouW be lessetted,the hsuranae proceeds shab be apWod to tM aums seam'md bY'tAia .
<br /> � SBCurily Instrumen� whether or �ot then dae. w8h eny excess Patd to Borrower. II Boabwer eDlrtdcns tho Propaty. op daas R�x•' .
<br /> ., �� .�Ehh 30 days a �otice trom Lender that the hsuranee cerrier has oHaed to Settla a clatm,•thoc� lrnder may aolbp!!t�!
<br /> Ir�suro�nco Oroeeeds. Lender may use the Proceeds to repalr or rostore tfie Properfp or to pay sums securod 0�r tA1G S�cu�r�f►
<br /> Is�awmenl,whetAer or not lAen que.The 30day period wal bc�i�wNen the noNce Is Q1ven• .
<br /> Unless Lender end Borrower otf►erwise agree h wrling.anY ePA�n ot proceads�Za Wr�otp�l shaG��?.t�easd o�P��
<br /> ----- dw datg ot the monthy payrriarfts reteRed to h parapraphs t and 2 ar changs the amount of tho Psyr�iTS. if undR putpiaRn�A1
<br /> ------ — theProPer►y [s acquUed bY lender.8otrowers►ight to eny hsurance Poc�tes an�8 prccesds rosuttln0 trom L�utpe 4o tta Propalr ptt�lt�.
<br /> -- _= to Ns acquisRbn sha0 pass to Lender to the �Rer►t of Ne sums eecured by tA�s Sbesu'QY ���t r""��1► P� � �
<br /> acpuL4Rion.
<br />�-•-==�W�� C. Occupancy, Preservatton. Malntenanaa and Protectica o� t� Propert�l: Bu�ro�ve�''s l�oan
<br /> -=v���� llpplication; Lesseholde. eoROwer shau oceuAY.estabr�sh�and uso the Propeih as morrowers P�'►epal rostdertco vrRhfn sDc�t
<br />—��`:';,w:;_�,6�1 da�s afiet tlee exeCUtion Ot Mis SeCUrih fnstrum�0nt artd sAa/eonffia9 M oCeuPY the F'►'�CpirtY as BortOw�Ps pr(nepel nsidono�tOt at
<br /> =r�-°�_y�,�• least o�Year atter the date ot occupanc�r. unless tsnder otherwise ayrees h wrAing.+WNcO consent shall rtot be unnatonabH
<br />-'�'"r'`��%�'�. wRAteoid.a untess e�Renuattng ctroumstances e�st wMah are beyond 8orrowers contret� B�rawer st�all no!dastroy.damtp�a 1mWr
<br /> -�-�i,;:�'�`, tiwPropAY. altow tR0 Properry to de2eriorate.or commR waEte on the Properly. Bom�w�r sheit be h defauR Y u►y ta�talWn�ctlon ar
<br /> .,�.__ , prpopdip,v�rAether cMit or e�imintt4 is besun tNat h lender6 qoad tac�h judgment cou[t!resuk in torte$ure o!the Ptoperty ot oihanrisa
<br /> ,a--"-.L`_M.�� mttlrfab►tipaY the Gen created by this SeeurR�r tnSWment or Lender's �ecuriqr h6eiesG Bortower rtmy cure suah a dMtut�ttd
<br /> - �.---
<br /> _'�.�--� nhst�ta.cs provided in paraQrapA 18.by saushp tha aetian or proceaQmq m oe dism�sea wim.nr:ry w�:...`.:A...;..:...._....
<br />�,�i�'•`'�'w:. .�.-
<br /> :.::�•�^�:� -^ detarmtniyo�,procLdes fo�sfture of the Borrowers intorest h the Property or otAnr matertat impatrrt�ent of th9 Yen Cnabd by tt►Is
<br /> ' .:. � S�un1� Instrument or lender's securdfr interest. Borrower aAau also be H detautt tt Borrower.durhp Me ban apP�P��•
<br /> . - _� � �eve rt�abdaRy tatse or heaurate htormatbn at stntgments to Lendar(or taUOd to provide Lender wBh �ny mebYrtti hfortnttton) b
<br /> � epirtaction wih tRe bar�evide�eced by the Nom.ineMd'np, Dut not l;m3ed to.rep�euenffitbns concemtnp Bortow�s occup�ncY ot tM
<br /> � '. Propwty 1s a princtpal cesidertc0. tf this 8ecuri�r tn3Uum�nt ts an n IBa58hOtsi•Bamower eNY compy wkh at tM ptGViiiOns O!tM
<br /> '° „ , fass. tf Borrower aequires tee t�1e to tRe Property, the bnset+old ar�d the tea ttb ShaG rtot morpe uniess the Lertdr prMS to tlw
<br /> mMpBr it wr�np. Fo.m xr tNo
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