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<br /> :.<`�<<:...;`. :,�..: . ���y �eny tSme..coQec3 end hotd emowts tor, £sexuw ltens In art eggreg�t . ` " 't;:;e
<br /> .,��`..-5<• �.�F�'�;.:.� ` amouttt that maY.4e recN'�tor Borrawets�exaw eccowi4 under the Reat Es�te SattIement Proaedures Acl ot i9?4�12 US.C.
<br /> .'+ . . �Z�01 et e�[,and ImDieas�►�n9 re9W�s.24 GFR Part 35U0.as tAeY rtm1►6s amesded ttom tims to Wte P�PA`}. mrc�t ,.
<br /> . ° . TM..°��;��- e�Ed by RBSf'A tor �ma�tlsipated QisbutsemeMa or dIsbursementa betore the Bot�bw�'s � .T
<br /> k f ;• � � �that th� cushtan or �rre p etRSUrtv►cepr�ntrun ,',F -
<br /> paym�eds ere svaAabta tn the ae�eimt ma7l not ba tras�1 on amotmts�e tor tha mofttgaS
<br /> �
<br /> . � � s d to Oo hatd by RESPA.LendEr stia7�count ;.`., ,..:
<br /> . � � " '` It the amotmts held by Laider tor Esaow ft�e�cceed!he amounts pem�kte 4. ..
<br /> � L� . <
<br />," :;�:1' :t:�<'.°�.',• ` to Borrowe tar.tf�e�ccess fimds as requhed bY RESPIL(f the'smout�ot tunds Aetd b7f lanQe�at eay tfnro ete not sufl�ient to � _ . :-_
<br />- . '`��f. ° paY the Esaow ItFans wh�di{e.Lender maY noti7�the Bono�+ter`end re4uire 8ortowet xo m3k6 uP Ehe ShosfBgo 88 pe�d�Y, ,._L',..
<br /> � �_ �r.
<br /> . . -�_����� . —--- --p�p� --— ---- - � as eddiHonal securftll fior aU sums secur�A b11�SBCU�7tSl�nSW�t�tR.it Snrtavrrr u+�de�a-� � —
<br /> � _ . _`�.rr�fi�_ --
<br /> Tlte Fscmw Funds eta Pted9ed
<br /> f to l.eerider tha tUD PaYm�oi eU sucb s�����'�m����erthas Ro�be��b^f�dtto D8Y q� tl�a }
<br /> ° �ems tek f�+A�(�3�sd atg► �9 k-
<br /> � Secretary.and Lender shaR Pmrt�til►�d arry�ss tunds to 9orrawer.tmme�atei�/A�r to a��at ttta PYOperilt
<br /> ����
<br /> � � ar fts scqu�n tiY lender,Bomaweta eccaurtt sh�6e�ted w�h any baS�ea remaln'�n9 tor a!!tnsta!lmet►ffi tor ftetr+s(a).@}. '` ,�`
<br /> 4 � ��i��: � , . . ::,��:
<br /> . �`;;',.. • CenQer es ta�otv� _ °
<br /> -. '�1 9,d�pplit�an of Payme�s.Afl a��er P�regc�hs t end 2 shatt he app�ed by , � .
<br /> or to the montidy c�iatg@ bY tha 88aetarlt *•. .`_
<br /> � �, • FipBt,.to the mortga�e hisurance pre�aWm to 6a pa[d by Lender to the SeaetaRf �
<br /> � ' tnstead af ifie monthhl mo��e insuretice P�: _
<br /> . 4 SeCOftd, fo enY mx�, sPer�l assessments. teasehold paymeMs ar �ound rads. �t0 ifre. flooe end otfter I�emtd , .r`•,� -
<br /> } ' y � : Iastugnae prertdums�.es[aqui[et� Y�1 -
<br /> ' ,�� '.�.�� • . � ` _
<br /> F, . ... :r . , 'Pftird,to inierest dite und�tAe Not� . . . ,
<br /> foq1�9►to amoAYtatlon of the PdndPa!M the Notff; end
<br /> .Fiftlf,'to l�ta ch�9es due under the Not� . . , �"�.--
<br /> � `' . '`'. , 4. Ft1'8, F100d 8rid �1er M8a'drd,til9tirdltCB. 8orrawer sha0 Inau[e ad i�r�Y�ma on the Property.v�het • } �_
<br /> rt. .
<br /> F, '-:� '; . , rrow tn existenee or subsec�u�►t1Y erected.a�tnst enY hamrds. casuatttes, end condnget[das. tnetudtng ifce.tor whiel�LEnd6T
<br /> e!
<br /> :`�:•�: 4. p/��(+ {�.y��p�Thls tnsuran�e shaU be maintatned tn the amourrts and br the PecWds that�.ender requttes.Bmrowd atm9 � ��'-
<br />-f._�„�`� :' . .�"'1�UES UNr��u+v�.' � �"'L�,s_
<br /> � ,': also inaure.aU MP��on tfie ProPeRY.whether naw(n eoistence or subseQueM1Y erected against tcss.Al/flootfs ta tha
<br /> � eniea epproved bY Lenda.The tnsutanee Doflcdas end � =:. _
<br /> �• � ` e�ent requtred by the Secretery.M Insuranc:e shail be�arr(ed wfth eomp 6 ,
<br /> . • . ��;r`°�`'`'. . eny t a t t e w a i s sttaA be held 6y Lender and stisfl irtdude tass DaY�te dauses fi tavot ot,and in g totm aeGapffible to:4end�.Y. - � -
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<br /> � ;' , . ' tn ttid e v e i t t o f 1 v s�. B orrower shaD�tre Cenda Iminediste noUca by m a A. l a i der m m y�m$k e Proat ot lass�a u ch�Iass ' _
<br />--- ��;i`�Y^ prnmptt�t bY Borrower.Eacb Insurence comparry concemed is hsreby aulharfzed and�rected to m�c e'9��'6e Qnd ' '__---
<br /> . dUecHY.to Lender, ins�tead of to Borrower end to Lend�joirNy.Ali oc any PaR of the tnsursnce prone�eds a►aY ��D dY _�
<br />_.', �� � Lectder.at fta aptton.efther(e)to the reducdion ot the indebtedness unQer the Note end thla Sewtf�f tnstrumectt�tftst to any ��=1
<br /> � '�``:.{. ';-,�'•• : � del'inQuert amouMs ePPttad N the order tn Paragrdph� the t dnc�at shaA n m�de��id or P'�Parte�e due Qat of�the �. —°
<br />— �� � ' the damaged ProPertY. N►Y sPP6�Uon ot the procee P � �y �y� �s�ce —.
<br /> b ar change the amm�nt o! such� Paysn �'=-...-::'
<br /> �' • ' moMhty Payments wh(ch are reterred to Tn Parayap 2. --�,---
<br /> -� � � � ,� � pcoceeds over an artiouM�equired to pay a11 outstar►dfcu�Indebtedness under tHe Nate end tdis 3ecurity tnstrume►ri shaU b0 patd . E�:u-Y_.
<br /> - � to the ertU1Y�ES�enti#tsd thereto. .
<br />- tn the evenC o1 toreclosure,ot this Secu►fty► Instrume�t or other transter of tiile to tfie ProAetiy that extlrtgutahe9 the ��_
<br /> inQebtedness.a11 Aght,dtle end tnterest of Bo►row�in end to insuranee P�����ah��a��e D��� ��i_
<br /> � ��',:�'.. 5. Qacupancy� PPaseroatton. Mai�tenance an d R r e t g c t t o n a f t he Pto periy; Borrowee's Loan ��
<br /> ����__
<br /> '� ; . �. , ppP1dC84ion; Leaseh0lds.8orrower shaU occupy. e3tebQsh,and use the Froperty as 8orrovrer's pdncipal tes[dcnand eha7 �,
<br />_< .:, ' .. � • -9.--
<br /> - � - . . • sixty days•after the execuUon of thts SecuritY tnstrument (ar w�hin sixty days af e later.sate or b�ansfar at the Property�
<br /> � : � conttnue to occupy tha PropertY es Borrowers pdnciAaF resldence tor at teast one year aRer the daie ot poc�paruy�unSass ��','-
<br /> - . . . Lender determines that�eq�i�remeM wN cauEe undue hardship for HoROwer.ar untesa extenuati�9 dreumsfaz►cea�dst which at0 , ��- �
<br /> . beyond 8orrower's ceMml.Bo�mwer shell notity lender o1 any extenua�ng dorcurnffiance3.���tehw ar and t�r wexc�tnd - -
<br /> _ .. � d�ffoy, damage or substantTaiN che�ge the Property or aRow the Property =�
<br /> � ' Londer may Tnspect the Roperty H the PraperiY Is v�c�►�°r ehandoned or tha Taan Is tn detault �eader maY ���p lo�a�n� - -
<br /> � � . action to proteet an�preserue sucl�vacani or abandorted Properly.8orrower shalf atso be in Qefautt tt Bortavrer, �-..-
<br /> �� �� . appOc�tion process,gave materlaltY taise or inaccurate tntortnatlon or smtementa to Lender(or.teilbd to provldo Lend�r w�th et►Y �
<br /> ; •' � . ` matedal Infomiatlon)(n connecUon wfth the loan evldeneed by the Note.lncluding,but not ItmBed to,reAtasentatlons concemTnB �T v,
<br /> ± � Bartower's occupancy o1 the Properly es a pdncipal �esidence. 4f thls Security instrumcmt !s on a [easehotQ. Bom�wor sAaO -�
<br />''�r, �' . •• the(easehotd and te0 tlUa at�ail rtot Ee
<br /> -- . � .' � compry with the provfsions o1 the tease. It 8ortower acquires tee t[Ue to the Ptoperty►. �;'_;_;-
<br /> • � merged unless Lender agrees to the merger in wr1NeA• C.--�'''�
<br /> , .. • ., .. ` .
<br /> '� � � � 6. Condeannatlon. The proceeds o1 any award or ctaim for damages. ��ar consequemiaf,in eonnECtton wftR any F,..' ,--�.
<br /> G
<br /> ;.�,,. .
<br /> eondemnatIon�or other teWn9 ot enY PM o1 the Property,or tor comejrance In Dtace at condemnatlo�i.ere herobY aas�9�ed�d [`-..::;.
<br /> .'�° '� . ., • sha11 be pald to Lender to the extent su he roceeds totthetreducUontof the tndebt dnesa naerthe Note ttnd th Se�urlty .
<br /> �; � Secudty Instivument Lender sha0 aPPN p ent af Odneip�l. ..
<br />- 'S ` . � � Instrument,flrst to any deUnquent emounts appNed tn the order provided In ParagraAb 8.a�d then to prepaym��,�icb sro '
<br /> :5=� �.. • • � �. •. �. '. /�ny appIlcaUon ot the proceeds to the pdncipal shatl not eMend or postpone the duo date o!tAe menthy paym
<br /> .' reterred to in Para�aPh 2� n►change the amount ot such payments.Any excess Proceeds over an amount requlrod to pay atl
<br />';x� '�.. outstanding Indebtedrtess under the Note end this Seeudty Inswment shall be pa►d to tAe enfitSt legalty entiued thereto• J .
<br /> � . ` • • 7. Charges to 8onower and Protection of Lsnder's R19h4s 1n the Property. Borrower eha0 p�j►eU
<br /> . . ,. .. ,govemmentat or munlclpal charges. fines and ImposiUons that ere not Induded in Paragraph 2. Borrow� ehal! pay th4se
<br /> � • ,� . ' obligaUons on time directty to the entity which Is owed the payment. It tallure to pay wouid adversely aN�ct 6endefe Interest In
<br /> - • ' �• . the ProperlY.upon Lender's request Bortower sAall promptly tumish to Lender teceipth 2�o(n�9to peRortn eny other covenanb
<br /> , � . B Borrower falls to make these payments or the payments required by Pera�rnp
<br /> � and agreements contatned in this Se n��strume for condemnaUone or't r enbrce Iawst or�regu�atlons,�then Lendet�maY Qo end
<br /> _ � • the i�operry(such as a proceeding I P�Y ent at taxes.
<br /> _ • ` ° � pay whatever ls neeessary to protect the vafuu ot tbe Properiyl and lender's rights in tAe Properiy. induding payttt
<br /> •! ;. .. • � hazard insurance and other ttems mentioned in Paragraph 2. •
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<br /> , FSa13.LMf3(8I96)
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