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<br /> '�•� Bonowors escrow ncoount under the tederel Real 8etate Settkment Procedures Aot ot 1974 ae amended from time to tYne, 12 U.9.C.
<br /> ° r 2601 et seq.("RESPA"),uniesa another law that appfiea to lhe Funds set8 n lesaor emou�t. If so,Lendor mpy,at any timo,aotlact and
<br /> ��� j hqid Runde In an amount�ot to euceed the tesser amoun4 Lender mey estimate thfl nmount ot Nnda duo on the basi3 of au�rad datc C� .��
<br /> and rensonnbte oslUnatea ot exponditures of futura Eecrow Rems or othorwlso In accordanco wilh nppllCable I�w.
<br /> �� e;;::..
<br /> The Funds shnif be hold In an institution whoee dsposls ere Insured by a federai apenoy, Inctrumentni►ty, or entity (InOU�inB
<br /> . Londer,If Londer Is such an institution� or In any Fedsral Homo I.oan Bank. Lender sholl epply ihe Fundo to pAy tAa Hsorov�Item3. "
<br /> °� Landet may not charge BoROwer for ho�dinp end apptyln9 the Funds. annua�y an4tysho the asorow acoount, or vetUylny th�Escrovr� ,
<br /> � Itoms,unbss lsnder gays Barcower tnterest on the Funds andepplkabla law pertnit6 Lender to mako suoh a oharge. Howaver.Lendir � �i:=
<br /> moy require 8orrower to pay a onedMe oharga Ior an Independent reat estata tau reporting servlce usa�by Lcndcr In ccnnCCtlon ritth �_
<br /> t,�� thig lo8n,unless appllCabie Iaw provides otherv�ise. Unioss ae agrsement ia made or appl'�oabie law requtres bterest to be pa�d.lend�r � _
<br /> ' � eASU�ot be required to pay 8ortower any Interest or earnhgs on ihe Funds. 6orcower and Lender may agroe h writh0. hovrever�
<br /> „�,�p�� Interest 6ha0 be peid on the Funds. Lender shetl gNe to 8or�rower, r�fthout aharge, an annual ecoountlnp of the Funds, ehowin9 —
<br /> :,:_�---�� �redite und debfts fo the Funds and tne purpose tor whkh euA debit to the Funds was m8de. The Funds ere ptedp2d as add�cnRl
<br /> - ' R sxurity tor ali suma secured by this Seaurity instrument.
<br /> " It the Funds heid by Lender exceed the amounta pennitted to be heid Gy aPPikabb bw,tAnder shetl aGSaunt to Bormvre�1or tha ._
<br /> excess Funds in accordance wfth the requirements of applfcaDg law. 1f the amaunt ot the Funds hetd by Lendar at anY tOne is np1
<br /> sufflelent to pay the Escrow items when dua,Lender may so notify Borrower in wrftin8,and, in suat►case Bortowpr s�sl!pAy tp tbstdEt'
<br /> the amount necessary to make up the deticlenoy. BorroY�u snell make up the deficienay h no more than tweNe mvnth�p8ym9nt�1,at
<br /> • Landera sote dtscretion.
<br />.- ���' Upon payment in tull oi aA sums seeured by thls Seauity InsWment,Lender shali promptty refund to 8ortower eny�Fonds hU1Cl by
<br /> , _ tsnder. �f, under Dara9�aph Pt,Lender shatt acquire or sea Ne PropeAy,Lender,prior to tha eaquisitlon ot saie of fh�PrapTal►t Sh�fl
<br /> � epply eny Funds held by Lendar at the time of acquisRlon or ea�a as a ctedR against the sums secured by this Secur��y lnStNs:ra�t. •
<br /> •��"{c'�, 3.Applica�on of Pt�ym�nta Uniess applicsbl� 19n q�rovides otherwise,au peYments�ecelved by;Londat arstitv C��praPhs
<br /> t and 2 shali be appl'�ed: Arst,to eny prepaymen4 char+ges d�e undes the Note;second,to amounts pay�bb undet pere�aPA�third
<br />- ` �` to hterest due; Murth,to princbat due;and last,to any �ete cherges due under the Note.
<br /> �-'-�s�!.
<br /> - 4.Charges; l.iess. sonower shau pay en taxes. essessments, cherees. mes end MD°gkfo�ts atttmut�b�e to Ma Prop«ty
<br />- � � — whioh may attatn prtorhy over this Securtty Instrumen� e�►d Iaasehotd payments or ground rents, N eny :Bomower s?+al1 pt�y these
<br /> Tv,���-� obligatbns in the manner grovided!n paragraph 2.a tf not pald in that manner,Borrower Shsll pay them on t1�e dteatlK to theperson
<br /> '::.���� awed paymen4 8orrower shaA prompty tumtsh to lender sUnDt�Cas of amounts to be paEd under this Pe�88rePh• ���rtow8rmakes
<br /> '.;��;.,� these peyments direntry,Borroti•rer shall prompty fumish to Lsndas receipts evidenain8 the payments. h�8�
<br /> `-`�=''-•'•' BoROwer shaA promptry disaherge any Iien whbh hea p�ovet thts Securih► inetrument unless Borrower.(8)ap�eea
<br />_.°a-'•'�• the payment o!the oblk�atian secured by the Ifen N a manner acceptabte to Lender,(b)cont9sts h yood taP,h the tkn bu..t)r d9tends
<br /> '_-:�:�i apainst entor�ement:of the fien 1n�t�8a1 Procs�tl�t9s rrlsich is�iMs i.cnd�'S oDb-stosi a�"'.�•'.,;•'"="�"•►ftio rr,rnr�monr ot,ti�e Nen:or!c) ,
<br /> y�
<br /> secyres from the hoidar of the iten an agreement sati�faotory to Lender subordtnaUnp the Iien to this SeCU�Y �nstrunEOnt. tf tsnder
<br /> determhes that any part of the Property ts subjaCt to a lien whbh may attatn Ptiority over thts SeCUrity inatrumanl-tkmder.mpy �i� .
<br /> �_�� Bonower a notice identHying the Iien. BOrtourer ShaY SBUsty IA9 Iten or teke one or moc�of the acdons setfottfl��kb0vil�.�riti}tn 1G d�ys
<br /> ot the gNing ot notice. +'•
<br /> �'�'��� 5. Hesard or PropeKy I�aurnnce. earower sn�i? iceep ene tmDrovementa nDw m�t�g or i�eraa��r �cted cn tr�e -
<br /> -- - Property hSUred 8gatnSt toBS by�tUe, harard8 holuded wih�nlh0 term'extended COVer8Q9"and eny Oth�herard9.holud�ep fbods 0�
<br /> ��� tbodhg, for whtch Lender requires (nsurance. 'm�s �s��� $��� � ��^ed h the amounts and Por tha perbds thet Lender
<br /> ..--;;��� requYes. The insurance carrle�providing the tnsurance sha!be choSen by Borrower subjeot to Lsnders tpprovat ahich sh�l not bo
<br /> --- umeasonebry withhetd. If Bortower taits to mahtah cover+ege desc�ed above. Lender may.at Lortders optlon,obffih CmiM�spe to
<br /> ;,rs� prptect Lenders rights in the Property 1n accordance wkh perogrsph 7.
<br /> AII insurance po�icies and renewais shall be acceptehi� to lender end shall fnclude a standard mortQe9e eiause. Lend9r sl�n1 he►r�
<br /> the rt�ht to hotd the pol'�cias and renewats. If lender requies. BoROwer shall prompUy qNa to Lender 81l�e0eate Of Pnld 0�►� ,
<br />----- -- ond renewel notlees. In the event oi loss. Borrower s1ia0 q►� prompt notke to the hsutance cartier and�onder.Wndor mty mtks :•
<br />''� proot ot bss ff not ma0e promptty by Borrower.
<br />-s:•� Untess Lender and Bor►owar otherwise agree h wrltlep.Mwrr�no Pro��shall ba apP��re��n or nptt oi tM Propaty
<br /> °--=-- dameged, H the restoration or repair ts economiaely feasbleand Lenders securHY ts not lesse^ed. If the reatoratbn or wPtl'!s no!
<br /> ---- — oaonoml�al►y teas�te or Lenders seaurilY wouid be tessened,tAe hsurance proce9ds shaU he ePPlied to th�Sutne 6aCUtYd by thls
<br /> ----" - Secu�dy tnswment. whethor or not then due,wiM en9 e�ess PA[d to BOROwet. If Borrower obendona tha Prop�rt�►. or doas not
<br /> --— answe� withh 30 days a noUce trom Lender that the Nswance carrfer Aas of[ered to settte a ct�im, t�on t,endr n'isY coteat ths •
<br /> ,r� insurence proceeds. Lender may use the proceeds b ►eW►ir or restore the Property or to pay sums secured by thts Secur�Y
<br /> ^--i��� �ngtromen�whether or not ti�en due.The 30-day pertod wUl bBpFn whsn the�oUC9 is 9Nen•
<br /> �^-�:.-,.,. . ' . tlntess Lender and Borrower otherwise agree In wrih9,enY aPP�xstlon of proceads to prkectpal sheil not ex�d or po8tpon8 thY
<br /> --- ° ' 1N8 date of the monthy peyments referred to tn para9raPhs t snd 2 or chanpe the amouni ot th8 payments. If undet peaO�Ph 81
<br /> :_.��::i
<br /> _:..•��;�$:: the Properiy is ec4uirod by ler+der.Bortower's rlght to any hsurance Poiiotes end proceeds resultfnp from dnmupe to th�Rropwty pAor
<br /> � do the acquisitbn Shail pass to Le�der to the extent of�he sums secured by thts SecuRty �ostn+ment tnmedl�e�y D�to ttw
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<br /> ,�.��.l4.Cr... .ACQU�n•
<br /> :;,�.r.;;�,�d, " 6. Occupancy, �reservation. Malnteaence and Protectton ot the Property; Borro�►er'a Loan .
<br />-�-;��:w_•' ,.^.' App1IC93i070;��88@#I�I�S. 9onower shall occupy,esslerbtish,artd use the PropeRy as Bortowe�s pdnoipat residaitce wtAh sbdy
<br /> _�.�,;:..�:_'.:
<br />_-1.,: , - . days after the exacutlon of this Security tnswment and shat aenthue to occupy the Property as Borrowera prateiptl nsidaroi tor at
<br />°'�•.•:-"-.° • teasl one Year after the dete of occuPanoy. unbss Lender ctherwiso agrees In wrfth8. whtch cons�nt ahat not bs unr�aon�by
<br /> ����-=•�'� , wit�heW,or untess extenuating ciricumstances exist which ambayond Borrowe�s controL 8o�rower sha�aot dvsUOy,demd0o or irt�p8tt
<br />'��' `,•� � thg Property.altow tAe Property to deteriorate,or commt waste oe the Property. Borcower sh4t1 be in deffiuk U any forleRure toNon or
<br />:;'��'-��h eroeaedhp,whether civn or crimMal,is bogun that h lendete good taith judgment coutd resuR h fo�toiture o!tho Propeny or atheivcise
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<br /> _ ��'','�'�'y-. �tgt9�glly (rtIpBU tA9 IfBn Cf@8t8d by thlS SCCUrity I�ISbURtBAt Ot L@tlqBfS 38CIUiIy n16tBSi• oviii+wo� ��n� �iv.v ww.•. � ...--
<br /> ��:y:;..
<br /> :•,:�;.'�`.4•' refnstata, as provtded in paragraph 18,by causing the action ar proceedtn9 to bo dismissed wkh e rufinp Mat.in leRdM's Oood hith _
<br /> °���'� detertnhation, precA,des EoAeRure cf the Borrowets intaresl ti Ne Property or oMer matertal tmAstment of the Y1n cn�[bd by this =
<br /> " Security InSWment or lenders seeurily Interes� Borrower 6haG atso be In delauh if Bortower, durinp the btu� apDllCCaUon proc�SS. _
<br /> , ._ pava materatry tatse or inaecurete tntortnat[on or atetemeriu to Lender (or tatted to provide Lender with any rt�taiel Intmm�Uot�I tn _
<br /> � A " Conneatiotl with the loan 8videnced by the Note,haludhg,Out not llmRaO to,represe!►tflttOns Concemhp 80rrOwYf6 oCauptti0y Of thf -
<br /> Properly as a prinefpai restdence. it this Seaurity�nsbumd�t is on a Ieesehoid, Horrower shaU eompy wth aH tM prOristont o1 UN
<br /> _ taase. It Borrower acquUes teo tkle 4o the PropeAy. Ue ieas�hold end Ne tee tkte shail not rt�pe unbss lhs L�tder�j;na to th� _
<br /> • 1T18�g8t h wt(tUg. Form oOZt!!00
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