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<br /> ,. . � :�: 8omowre'a eacrow aacount under the tederat iieat Eet�te SetUement Procedaros Aat ot 9974 na emended from tlme tp tinK►,1$il.$.C., -
<br /> ��.f� 2601 et oeq.(•FiEBPA'),unlesa anothx kw thst eppllea to the F�nda eete a teaser amounL U so,Londc►may,at any tlm�.aa@oa3 and -
<br /> �.•y� • hotd Funds h an amount not to exceed the tesaer amoun4 lender may estlmate the amount of Nnda due on the basio ot aurrsnt dat� `
<br /> � � and roaeoneble a�timataa of expenditures of tu:ure Eoaow Items or otherwise In accordnnce with appilae6!e Iaw.
<br /> , ,� � The Funda shall bo held In en InatltuUon whoae depoalta ere insured by e tedere! agency, instrumentt�lily, or c+ntYiy (tnaSud�p.�±� �
<br /> � o. Lender,if lander ts euch an InstlMlon)or In any Federat Hane Loan Bank Lender shstl appry the Funds to pay tha Ecarow ttama.� �
<br /> ;,t� Lender may no2 aharge 8oaower 1or hoiding and 4pptying the Furtda,ennunity enayring the esaow aaaount, or voriryAnfl tho Escrmv � '
<br /> � Items,unteea Lender pays Borrower tntaest oo the Funds and eppllcabio!ew pertnits Lender to make suah Q eharpe, hlawovm,Lendar
<br /> may requtre 8orrower to pay a onaUme ahergo for an Independent real estete tox reporting servlca used by Lendar in oannaoUan wllh. �
<br /> _ •,�wi� this loen, uniass appltoable law ptov�des othatwise. Unless an agreement is made or applicable Inw requires intareat to be pNd,lmndm -
<br /> ;;:,_ � shnt�not be required to pay Borroxrer any Mterest or eaminge on the Funds. Bortower and Lender may agree In writing,hawwos,thnt
<br /> ��'� Intereat ehali be pafd on tha Funds. Lendet shell glve to Bcrrower,wfthout charge, an an�ual acoflundng of the Funds, sbq�vMg. ►�
<br />'-�'^"^s e�edfte and debits to the Funda end the pu�sosa tor whtah each debit to the Funda was made. The Funds are pledged as addi3lonut,
<br /> �;� aeoudry tor nll aumn necured by tNa Seardry Inatrument
<br /> �. ..� It the Funde hetd by Lender exceed the amounb pertnitted to be hetd by eppUcable law,Lender ahall accou�rt!0 8omow�r f4r tha
<br /> • exceae Funds tn acwrdanca witA the requltementa oi appltceble I�w. It the amount of the Funds held by{.¢nd�+•et anK tlmd i��not
<br /> '" � su�fl�lent to pay the Escrow itema when due, Lendsr may so no2tty Borrower in wrtdng,and,tn such case Qmrativt�ahAli ppy to•t;mnde�
<br /> : ��� �• the amount necassary to make up the deftclency. Barower ahall maka up thA deflotency In no mam thsn twoivo mpnit��t p�}�11�1ta,at
<br /> .., ' .r Lender's sote discretton.
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<br />'��'� Upon peyment in Np of aU suma ceaured by thls 3eoudty leatrument, Lender sha0 promptly returtd to 8ortowqr enN•FundB held by
<br />-�.�i:.�..°: Lender. If,undar pnragraph 21. Lendar shali acquire or seli ihe Properry. Lender,prlor to the acquls�ion or ssie of�tha fhaperry, shall ,
<br /> �'t '��'`"` appy any Funds hetd by Lender et the Ume of acguisNton or eate as a credit agatnat tha aums secured by ihb Seaurfty Insbument.
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<br /> ';':'�Y• S.Appiteatlon of ihyrnents. Un�ess app�cable kw provldea othervrlse,all payments receNed by lend�under paragraphs
<br /> �„,,� 1 end 2 eheH be applied: ttret,to any prepeym�t chargea due wder the Note;second,to amouMa payebia under paregraph 2; thtrd
<br /> -"`�� to tntae.st due;burth,to prindpal due;and Iaat,to any late eharges due under the Note.
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<br /> s3%, k�� 4.Ch�rges; Lien�, Bortower shail pay ciU taxes.assessments, charges, flnea and Imposidons attn'buteWe to the Property
<br /> ��- whiah may rttain pdortly over thb 3earliy lnsWment, and leasehotd payments or ground rents, H any. 8prrower aheli p�► these
<br /> AF��'�� obagaUons in the manner proHded(n paragraph 2, or M not paid In that manner,8orrower ahnt!pay them on Sme dlrecUy to the pereon
<br /> =a;_� awod paymen4 Borrower shall prompUy fumish to Lender ai notirss of emounts to be pald under thts paragreph. it BoaoNer mskes
<br /> ---- these paymer�dtrectl�++.8artower ahail promptry tumbh to Lender receipis evldendng the paymenta
<br /> -��""a"r� 8otrowor sha8 prompily�sahergA eny Ilen whlah has prbrity over this 3eoudty Inatniment un�eas Bomower:(a)egreea(n wrtttng to
<br /> - ffie peyment ot tho obligdtian secured by tha Ben tn a msnner axopteble to Lender; (b)coMesta in good felth the Uen by,or dofends
<br /> ._ ��� agafnat c�iforc6ni�uit 3f the qen Fe►,legal ptoceed'u►ga whtch tn the tend�r's opinion ay�rate to praratt tho c�bre�nait ot ihe Hc�; ar(cj
<br /> _�"'�'x� sxures irom the hotder ot the Aen an agreemeM satistsatary to Lender subordinating the pen tn thfs Security Instrume�. H Lenda
<br /> -- --- decemihes that eny part ot the Properly is subJect to a Uen which may attatn pdorNy ove►thia Seomity Instrument, Lender mny gMe
<br /> -_ ... .._.._...
<br /> Bomowa►a noUCe t�entny+ng me aen. Cortower snan saNaiy uia ucu tn u+iw utta v� ttnnv in iitc fii.uvi�o ooi iwu�uww w�um�iv iwjo
<br /> -�.,.�� at the givh�g oi notke. , �
<br /> ' = 6. Hm�ard or property lnsuraneo. Borrower sha0 keep the tmprovements noNr e�d�dng or hereafter erected•t►n fhe
<br /> =y�=�=--- PropMy insured aQetnst Ioss by Are. hnmrds fncluded within the term•extended coverage'end any other heserds,IrtcNding�floas�s or
<br /> ---------- Aoodfng, tar whkh Lendef requires insurance. This tnsurance sheil be malntained in the arztourrts end tor the pertods that �ender
<br />-� requkea. The tnsurance Cartier provtdtng the Inau�shei be chosen by Bonowar aubjeat to Lender'e appmval which aha8 not be
<br /> unreaaonaby wtthhetd. It.Borrower feils to malMaln ooverage desaibed above:i ender may.at lertder's opUon, o�L�;n Ewvn�aya to
<br /> protec!Lendei'e�fghfs.irt,the P�opaiy�n aaoordanca wfth paragraph 7. �
<br /> �:+� A1 Inaurenee poltdas and reneW�la ahell be aceeptable to I.ender and shatl Inc�ude a slertd9rd mortgage clause. Lender shat! hsve
<br /> - the eipM to hold the pOAdes end mnewals. B Lender requires,Botrower shatl promptly gire to lender an�ceipta of pald ptemiums
<br /> - -� - end teneweJ notices. ,In�the event ot loss, Bartawer ahall gMe prompt no8s�to the Msurance cartter and Lendor. lendar may make
<br /> proot of foaa B not made promptty by Borrower.
<br />::�ii;�.� � Unless lender and Bomower othervdse egree In wrtt(ng,insuranae proceeds ahall be applied to restoratton or cepalr of thq Rvperty
<br /> _-- demaged,(t the reatoraUon or repah�.�is eeonomtcalry teaslble and Lendm's seeurfry Is rtot lessened. It the restoretlon or repaU is not
<br /> economkxYy te�sble or I.ender's aec{iriry would ba lessencd, the tnsurance proceeds sheU be appqed to the sums secured�y this
<br /> 8ecu�r InstrumenL whettter or not then due,wtth eny excess patd to Bort�war. B Bortower abandona the Propaty, er does not
<br /> anawer wRhh 90 deya s� no�ce trom Lender Nat the tnsu�ence cartier has oflered to seltle a ckM, then Lender may ooAect tAe ,
<br /> insurmce proceeda. lertder mey use the proeaeda to repn(r or restore the Properiy or to pay suma eeoured by thb Seauity ', ;.
<br /> _ --- inaWment,whether or no!then due.The SO�dey perlod w1U begin when the notice la yken.
<br /> _-';;� Unles�Lertder and Bortower otheiwlae agr�e tn wriHng,cny appQadfon ot proceeds to p�lndpat shap not e�dend or postpone the
<br />—:���� due dete of tha monthy peymerds retetred to in paragrapha t end 2 or change the amouM oi the paymer►ts. If under paragreiph 21
<br />-_'_�,�:+��
<br />--.;�;��o;;�� the Properry is aequTr�d by lenda,Bonowm's dgM to any►insutance poitolea ertd proceeda resuitlng irom damage to the Property prlor
<br />'�s�;':�:« -
<br /> , � ,, to the acqulsEtlon aha9 paae to Lertder to Ne �.tent ert the suma seoured by this Securiry Inshummit hrsmediatey pdor to the
<br /> �'r";1y`��
<br /> -^,r.S<<�,3,., aequls�lon.
<br />-_;;;��;:�- � 8. Occupanay� Pres��vatlon, Mat�enanca am¢9 Pro2ectton af tha Property; Borrawsr's Q�an
<br /> �==��;'�y��,. APPlicetion. Lsasehotds. sorrowe►snaA occupy.esmbush,�eeid use the Property as 8ortower's pdncfpal►estdertce wftfit� s&ty
<br />�.Y�:ai.���� days�ter the exscUilon of this Seeurfiy InstrumeM and sha�wrNnue to oxupy 2i�e Propedy as Bortower's p�tndpai residence tor� '
<br />-T�`' "'�" ' leest one yesr aRer t�e date ot ocaupanay, untesa Lender othcYwise agreea ta wrktrtg, whl�h consent eha8 not be unreesonebly
<br /> '_�•T�..,
<br />_��::••:�y.-=; withheld. or antess exienuatlng c�umstances exi3t which tw bcryond Borrowets coMrol. 8omower shap not desiroy.damage or Mq�afr .
<br />:>7,��`" the Propedy,ettow the Pr�operly to daterforate,or commft waste on the PropaRy. Borrower shaail be in deTautt H nny todeiture�c!}on or
<br />.�—.x-� ^+_` �- p(Q'(.�1g�WR@QICf QYO Qr 4TIRIRI�,t8 OB9tItI m8[UI Leti�is gwo tmut jiiu'yn�a�i iawiiiu'idbuia u`�i�i�aiuiio"vi me nv�ij iri 6ciscwrso . -.
<br />:-: ����:' -�
<br /> ,t,�,�a�.. Y, m�2erleUy 4npatr t0e Qen created by thls 8earfty Instrumerrt ot Lender's secuttly tnterest Borrowe� may cure such a detautt end
<br /> _=;t� : , i refnsicte,aa P�ded in paragreph 18�by causing the aaUon or proceedU�g ta be dlsmissed wRh a�uUng that�tn LendeYs good tsRh =
<br /> � � _�. determhaUon, precludes fortetture ot the Bo�rower'e Nterest In the Properry or other metedal hnptilrtnent of the Iten created by thts
<br /> 8ecurRy tnsAument or Lender's aecucfty trrterest. Bamower eha9 also ba t� detnutt B Borrorver, dudrtg the toan appllcaUon prooesa,
<br /> gave materlaRy talse or tnaoou►ate Inbnna8on or siatementa to Lender (or taUed to provtde Lender wiih nny materlat tn4om�atton�In
<br /> eortnaoUon wRh the toan erldenaed by the Note, Irtduding.but noi Urt�tted to,represadattons concerning Borrower's oc;cupenay ot tAe
<br /> PropeAyr aa a pdnclpal�sldence. If this 3ewrfy Instrurrtait Is on e teasehotd. Borruwer shaA compti wlth eq the provlalone ot the
<br /> • taeae. It Bortower ecqulres fee tltle to the Progerty,the leesehotd end the fea tkle ehaU not merge untasa the Lender agrces to the
<br /> ". .�k° merger tn wRting. Form aose erso
<br /> r.�„ .T_ �•: �ose.uno po�s� aago 2 m s -
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