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<br /> -�:-.,'i,,�`:; � BoROwefs�aeCOw�t under the tederat Reaf Estate Se�t�rinm�t Pcoce�Act ot 1974 as e�ded irom tima to tH�12 U.SC. -^-
<br /> �• .r� •.:, 4� °.::� �^ap1 et Se�1'�A'�.un�ss enoiher(aw t[mt a�AQes to the�u►d4 se4s$�Ser mnount. If so.Lender msY.at any tl�.cuR�ct en0 ':"f•.�,
<br /> �.`"-,r� RaIB Funds�f Qin etmount nQt to mccesd tR0 Lqsser emour�t. lsndar maY esit�9t8 the amourtt ai funds due on the basis ot eurtant Qata �::s
<br /> �`�n�°' .' � and[e�anea�a3tfr►attts of w�enQftu�es at iuwre Fsaow 1te�rt&or oit�viEse�eecosdance wRn eQD�xabta Faw. -
<br /> ` 11t9 Funds ahetl ba Aeid in en �st�ution vrhosa dsp�s are Ensutatl bY a ted�&t aBeeaf. ins0umentat�6 0*��Y(���8 . '
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<br /> .• , ' I.end4'Vt.H L@nQOr L4 6ueh et�UtSt�ttDn)ot(n&nY Fedsra!tioiita Loen B9ii�1ti. t8nder sltalt aPA�Y the Funds to paY tl18 EsCtOW ttem9. _ "� -,
<br /> len4et m8Y mft ctt�c90 Bottower[or hoidfirtg end aADying tA9�dds.aqnt�lty snatyztn9 the e�o�r' asxour►�ar var�yffi$the EsCrow • °
<br /> .. • ` It9m8.t�Pass LendOt pay8 Bflrrower fnterest Qn th�Funds and 8pp6�abta.t3�ti p�mBs i,ettd8r OD m3�such a CRBrg� How�ver.LEndsr � ,
<br /> - ' �� �..r�°=�^-m—°�a►e��gy�w onedbno charw fas on tnd�dstd�aat ast8�tmt tepaRfi9 senrice used by Lertd�(n ComteCtton w$A .
<br /> - , r.��, this toen.taatass a�i�eb�l�e ProvMes othsnniss. UnSaSS en a8t��t is m8�8 or ePC�eeb�taw raquues fnterest to 6e paid.len6ai < ."
<br /> ' � .,: �: sdaD not Qo requkBd to P�Y Borrower anY�t�rest ar s&n(n9s ci;.the Fimds. 8mmvrer and Lendar maY�in w�tn9.Rowever.that , �
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<br /> � � : �r^�" tnterest shaU tre !�6 an ths Funds. Ler[dsr shafl 9Ne to Bosmwer.vifttiout cl�erSs.ai� ennuat aCCOUnt�B oi the Furtds.shawfig . '.','•`�..
<br /> �=w�. crod�s and dsbtts ta iAa Frmd:ar�thai pusAose tor v�AkA�deb@ ta:Ahe Funds was made. The Funds aie ptsCged as adQRtonal
<br /> .' % . ` soc�r3Y fav aQ e�m�s sewrad by this Secu�Y InsUumeni <' .
<br /> ' � tt the Funda hstd bY Lender e�saA tAe amoemts Pemu�tad.4o ba hetd bY eAPfaab49�.v,Lender shaD aoeount to Bortowar fm t�s ,
<br />- .' , �acess Funds tn aaemQance wftti qes�eG��nfs of eppQaabia(aw. U the smaimt of tha FunQs hefd bY Lender at a�ry tlm9�S not ... �
<br /> ` - ` ,... sutficiant m pay the Escrow[tems when due.lender maY so not3y Botrgw,�6�w�ding.art�tn suet►case Barrowet shall Pa9 W LatQer - �•''_?'
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<br /> , . � ;'� tAe amount ne�sssarf►to make up the�eftctenaf►.Borrow�sha8 ma�ce up;?ihs deACiency�no mnre than flveko mortthM vaYmants.at , .
<br /> :..' � .. _ `. l�dds sota dlseretlon. `' � _
<br /> ��,'� '� . '' Upoa payment in tU0 of aD sinns secured bY tn£�Secur�►tnstrumen4 Lsndar st�A 1�tarnPUX�e�md W Borrower ar►yR Furtds heS4 bY -� `
<br /> � �: ;.`�,: " LenQ9i ti.urtder p8t88�Pt1 21.4end9r shaD accWt�e or 68ll tha PmPeRY. R,eMer.Priat t�.3ha acquis@fon ar saLa ot th0 PraRe�iY.SheU . :.�z
<br />-- , • ' eAAN enl►Fusids haid bY LenQar ai the t�+e of acquls�ton or sats as a cre�l�agatnst tAe sums secared bY thLs Secur@1►tnst[umerrL ;`,
<br /> - , 3.Appll�ttom o!Paymenl�. IJntaSS ePDRcabia law provtIIes.:o,i�itse ati paymants�ecehrad 67l tsnder unQer paragraDhs . .
<br /> t end 2 sAaD b0 eDO�first,to anY Prs�faymeM eh�r88s Gua undor the;'.#1'a't� secons.to emmmts PaYebTe unQer paraSrBPA�thir0 _
<br /> ,: .� � r �. to htter65t Qu�tCURh.i0 prUtCiDel�t�et1�tASt,to anY(a�Ch3tgbs duB iasdet thB[qote: ' .
<br /> ` `� : 4. ChS��ti:l.ten8. Bortowet sha0 peY au f�css.assessments. eharses.Mes..srrd i�osfttcns ettr�umbia to the P�psrtf► -
<br /> � whicll atay et�in prfOt�fl Ov�fAts S6CUrItY Instrument, and teaSeholA pa,y�r�nYS or �uad rents.d any. Barrower BhaD pay tnese -
<br /> � abtig�tions tn tlte manne�provide0 tn paragrapA 2.or N not patd fn that ai�n�r.BorrOwer SheD pa9 thsm on tLrre QireCtt�t W the Rerson • ,;-�
<br /> ` T��� owea payment Bonower sheD DromPtN firmish to lertdet aU naNces ot am0unts lc Oe t��nder this para�aph. if Bomowes makes �s
<br /> " these PaYmenta dUecUy.Borrower shafl promptly tumWh to Lender rece�GZ c;Y�nCfi9 ths Payments. �`'� �
<br /> � �:���.,: •� f�';�, Boaower s8at1 promAt{Y disaher8u enY Oen wAECA has pAority over this Sec�r3Y Insfruniant un�ss Bartower:(e)agrees N+Hr@in9 to -�
<br /> • tAe PaYment o!the obQgallon secured by the liren t�a manner ecceAtBbb to i+ender. (bl eoMesLs Tn gaod taitA the Qen bY.ar def�� �- �,:_-_
<br /> � . ` agak�st enfareement o!the�sn fi.�gal ProceedNgs wi�ich tn the LerMefe oA1�`��A��O�nt ths enisr�mant W Me,Uen;or(a)
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<br /> �' .�.:.'�,.� • secures trom tAe hotder of.the lien an e.g�eament saWtactory to lender suboM'matinp!he t'�n m thTs 8ecur�Y Ins�trument I!l+�Qer :�
<br /> : ;: . '.. detarminas that any part af the ProaenY is 6ublect to a Qen whicA rt�yr atta�t P��+Y ava�tAis 5ecufitY InsOument.tende��Y 9�
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<br /> � . .•'.•;;, 8orrovr�a nottee tdentitying die liert. Horrowar aha9 satistY the Itsn or taim one m mo�H:of tha ecHons set fartb ebove w�h6��0 daya -___
<br /> .� . • .. ot the ghrTng ot nottce. ' . ,:.:��;�
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<br /> , S. Ha�d or Property Insurarace. Borrower s�a0 keep the Improvemems eow e�dstl�g or hereefter ere�t80 On the
<br /> . Proyerty tnsured egatrist toss by ffre,ha�rds fncaQed wiihin the term'exmnde6 coverag3°and eny oih�r hamrQs.(naS�dEng tloods or �, I,�ii�
<br /> ' ..��`t. -• ' HOOd+ne, for wh�h L�ndBt r8qu7es fnsurBflCe. T1ii� msurance shall he e�intatned 6►ttse amaunts�d tor the aadoQs that Lendet �"-"
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<br /> .. ;��; requces.: TAe tnsurancs cer�r provtdirtg ttre g►svrance stiau b�choaen bY Borrower su�ect to I.�nda�s apDm���h shaD not be ��___
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<br /> .. . �� unreasona6ry withhelC. If 8ortower faIIS to mah+tatn coverage Eescraed above.Cendar a�ay.at Lender's optton. obteln coverage to �__�_
<br /> - protect I.endefs rights tn iha PropeRy in accordance w�P�aS�Dh 7. -
<br /> r �; . AQ insurence OoOCtss and renewats ShaU be acceptebb to Eender anG shaR�c�a�C�Q mOttgaBe c�usa LenQer eha0 have
<br /> �' ' the r(ght to hofd the pol�cfes end renewaLs. It LenQer r�equires.Borrawer shait prompiy�to �ender eD tecc�lDts oi paid premlums, __ ' ":
<br /> � -
<br /> A.. ,• � end renewa�aoUces. tn the event Of loss.Borrower sheH give prampL notica to the Insurartco carcler end LenQer.lender►nay mekA ' � _.'
<br /> ^;. " � ' _. proot ot fnss H not tnad0 D��N by�Bonower. � •`.�--
<br />,r• : Un(ess Lender en0 Borrawer oMerwlss asree in wr�ting,(nsuranCe proeeeds ahaU bo BDDfied to res:Gtetfan or repair oi the PropertY �."::=�
<br />'� ���T.�'•��T.� damagad. N tne restoratton or repatr ls econom�cany teas�and Lender's_aecu�ty ts not tsssene0. !t tl�restora4fnn or rep3� ts not � '
<br /> � economfcalry feasIDta or Lenders secudty +voutd be�ssened, the insurence pmceeds shaD be appll04 to the sum9 seoured by tnta � "°_=
<br /> � ' -
<br /> �. "�: � , `� Seeurny► fnstrumenb whether or not then due, wfth any 0xcess patA to Borrower. If Berrower abandons ths PropERy. or does not � _.__
<br />" t � answer w@hln 30 days a notbe irom Lender that ths Nsurance eattier t�as oNered to sett� a ebim, then t e n c t a r may co i t e e t the ti^i
<br /> `� Insurance DroceeQs. .Lender may use the procoeds to repaG or restore the PropeRy or to pay svms seeured by tAb SeCUAry �� ;
<br /> � �� �� tnsUument,whether or not then due.The 30-0ay perlod wiil begfn when the notiCe is given. . �
<br /> ' � Unlsss Lender and Borrower otAOnvlse agrev N writtng,erry eDpuoetion ot proceeds to princtpal sha0,not e�aend or pottpone the .•
<br /> dne date of the monthry paymenta�efertad to in para9rephs 1 and 2 or ohenga the amaunt of the payments. tt unGer peragrapb 21 ;
<br /> � ,�,� the Property is acQutred by Lender, Borrowefs rtgnt to eny tnsuranco 0o�tc�s ana preceeds res°F�"9 Nam�a8e to ths ProDe�Y Dflor ��. � �
<br /> to the aequts@ton shali pass to Lendar to the e�dent ot tho sums secured by Mis Secufiry Inswment tmmedlatety Ddor to tho ...
<br /> � ' acqulsitMn. .
<br /> � � � ` 8. Occupancy, f�eesenraUon. Matatenance nnd ��oteetion ot the Property; BaxirowePa doan
<br /> ; ' Qpp1iC8110D; LBflS@hOldB. BOnOwe�Sh811 OCOUpy,estebttsh.an0 use the�ropartyr as 8orrowers principal re5idence v�Rh�sDcty � -
<br /> - � days afler the socecution of this Secur(ty InsWmenl end shall contfnue to occupy the PropeAy es Borroweta pfmctpal resieence for at
<br /> .�_. �',
<br /> � Ieast one year after the dat� o! occupancy, unfgsa Londer oihorv��o agrees �n wrNEnB� wh�b consent shall not be unreasonabry .
<br /> • � � � ,- wfthhetd,or untass exconuating atrcumstenCes exis!wh(ch erA beyond Bonoviers control. Bortov�er shalt aot destroy,demag0 Ot tmpaU •�
<br /> . � � ��. the Property,attnw the Property to deteRorats,or commil wasto on the Prr�perly. Borrower sha0 be In Qef�uR d eny to�feiture ectlon 9� .. ' ,
<br /> ._. . . proceedtng,whether cNU or edminal.ts hegun that In lendefs good tatth juQgment eould rosult tn forteiture of tho Propony or o2hamisB
<br /> materialiyr Unpab the tien cre8ted by thls Sacuritye Instrument ar LanCePs 6ocurity interest Bonower may cure such a detautt and • •
<br /> � . .. reinstate, as prwlded in paragraph t8.by caustnp the actton or proceadfng to 6e d(smtssed wRb e ruMg that,in tsnder's goo�fakh •
<br /> �� determinaGon. preCtudes foHetture o1 tho 8ortowofe Intere9t (n lhe Properiy or other materlal 6npabment o} the Uen cteated by this � ,
<br /> Y��": .� . Security Insuument or lenQera securriy tnteresl. Borrowm s�i��ntso tro In defau8 H Borrower. Our1n8 the toan apptxaUon procass. �.
<br /> . gave materialty taise or InacCUrate Iniormntion or stetomonte to Landor (or initnC to provlde LenQer W(th any materlal informallon)tn
<br /> � connecUun w�h tt►e toan evldanced by tho Nofo. Inc�ding,but not IrnttoO to,ropresentatiana conceming Bonowe�s accupency of the
<br /> " .� • PropeRy as e principa! residence. II this Seturity InsWmonE lo an e Waso�otd,Bonower sAaU compry with ati the provisions ot the
<br /> • . leasa tf Borrower acqutres foa tttte ro the Property,the basohofd nna tho fos titig ahaU not merge uniass the LenEar egreae to th�
<br /> _� , merger in writing. Form 3028 B/80
<br /> F,oao.�nno��oJe�1 vay�ot� .
<br /> • 620 � •
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