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<br /> eorrowsr'� �acrow�ccount undK th� I�daal RMI Esbu S�ttkn'»nl Proadur�s Act ol 1�74���rtwncNd kom tirn�to drrw, 12 U.6.C.
<br /> 2b01 M sqq.("RESPA"),unMt�nnolh«I�w that�pplfn ta Ih�Funds Mte� MtNr�maunt. II ro,I�nd�e rtMY,I►t�ny Ilm�,o0Mo1�nd
<br /> hold Funds in nn unount nqt to nocMd 11»I�t�a nrnrwnt• l.�ndw rrMY K�Mr�a tM�mou^�of wnd�dw on Ih� buk of ourt�nt d� �
<br /> �nd rwconsbk Ntlmata of��ndkurn of futuro E�crow It�mt w otMrwM�h�oorxd�no�wNh�PP��� �'"'
<br /> Th� Funds �h�M b� hMd in �n hstkution whoN d�po�M� � hwl�d bY � ��� �by� h�tnxr�nt�Mty' a �^tNy (fno4dY►0 �
<br /> L�ndK, M lindet k suCh lu� Inatkutbtl) Or h �ny F�dM�I HOrtN Loar1 Mnk. i..nd.r�►ur �paN� ��^� �o ar ���w IIMM�
<br /> L�nd�r may not Chup�BorrowK lor holdiny lu�d oppNlnp th�Fund�, �nnu�My �naN�O tho�crow �ccoun6 or wrMYhO t►N E�crow M
<br /> It�ms,unl�st L�nd�r (uyt Bortovwr InNrM! on th�Fund��nd�ppMCOGM i1w p�mlt� Und�r 10^'Mk��uoh 11 oh�rp�. Hpw�vM,I.�ndM
<br /> may royuko Borrower to pay a ono-tkne r.hnrpe for en Indspend�r►t rMl aub tax nP��+O ��s u�sd by Undu In conn�ctlon with r
<br /> thf�loan, unbts�pPWc�bN I�w provkiK othwwfs�. Unla�an�prMn»nt M rrwd�o►�PPMCabM kw nquM�s InIMMt to b�pald,L�ndK �
<br /> sh�M not W nquP�d to pay Borcow�r�ny IntK�t w MmhO�on �h�Funds. Borrowu�nd l.�ndw,rtNY�prn h wrkMp� how�ww,N►�t
<br /> Int�st �haN b� pald on th� Fund�. Unda •haN plw to BaTO�wr, wRhout chup�, �n �nnu�l �ccountlr►p of th� Fundt, showhp vi
<br /> cndNs�nd cMbN�to th� Fund� �nd th�purpoa�lor whbh ach dM�k to th�Funds wu nN1d�• Th� Funds�n pM�O�d a�ddMbna�
<br /> cecurily for�N sums a�cund by thb S�curky Insqum�nt.
<br /> II t1�e Funda hald by LondK nocwd th�omounta p�rmkbd ta b�h�id by appAc�bM kw, LMd�r sh�q axount to Borcow�r tor tM
<br /> �xc�s� Funds fn�ccord�nc�wkh th� nquirMrnnts of�ppNcabM iaw. II th� amount of tl» Funds hNd by Undor �t �ny 4im� M not
<br /> aulflcfNit to p�y th� Etcrow Ibms whan du�,Lund�r rrwy ro notlfy Borrow�r h wrRiny,�ncl,In wch c�s�Barow�r th�N pay fo Undw
<br /> tha�mount n�c�tsary to mak� up Ih� dMlcMncy.Borrowu shaN mak� up th� dN�cwncy h no mon tt�n twNw monthy payrrwnt�,at
<br /> Lond��soN dbcntbn.
<br /> Upon Wymmt in NM of�N sums s�cund by thb S�curky Inatrum�nt,UndK sh�M prompty rNund to Borrow�r�ny Funda hNd by
<br /> LendAr. If, unWr panOnPh 21, Lencf�r shaN�cquin or aN th�Propwty,I.�nd�r�P►'ior to th� �cqukkion or aM of the Propwty,thaM
<br /> appy any Funds hokl by Landar at the time of acqubRbn or s�M�a a cndk�qainst th�sum� acund by thk S�curky InshurtwnG
<br /> 3. Applic�don of Peymenta. Unwsa applic�bk Mw provkNa otherwla�, �N payr►Mntt r�c�hrrd by UndK undK pllrapnphs
<br /> 1 rnd 2 sh�N W�ppNW: first, to�ny prKiaYr►b^t charp�s dw uncMr th�Nob; Ncond, to�mounts p�y�bM unda p�npnph 2;third
<br /> to Int�nst dw; lourth,to principal duo;�nd lut,to�ny I�t��h�rpM du�undK IF►�Nob.
<br /> 4. GIf��Oi; Llen�. Borrow�r th�N pay aN taxe�, I��qs�m�nH, ChupN, flnM �nd YnPosklons �lbtKMWM M tM PropMty
<br /> whfch rt►�y lttah p�iotky owr thk Sacurky InsWm�nt, and Nas�hold paym�nK a• pround nnts. M �nY. 9amwa th�N pay tl�
<br /> obNpatbns In tFN rtNinMr WovkMd In P�rapnPh 2,or M not p�id fn that rtrnnK�BorrowK sluiN pay th�m on dmi dinctl�to lM�PM�on
<br /> ow�d p�ymant. Bortow� sh�M prompty fumkh to I.�ncMr�N notfca of�unount� to b�p�id undK thh p�r�p�ph. H 6orrow�r m�k�s
<br /> th�paymmts dincty, Bortow�r�h�N prompty lumbh to UndK raaipt��vld�ncinp th�payrrwnts•
<br /> Borro�wa sh�N prompty dischupe�ny N�n whbh h��prbrky owr tha S�curky IntMUmmt unlns Honow�r: (�)�prNS fn w�ltlnb tu
<br /> the paymsnl of th� oblipation secur�d by ihe Ilsn fn �►twnnu ecceptabN to Und�►6(b)contats in Oood hkh tM Nm by,or d�Nnth
<br /> =�5�.��Inrr_.wnnt nf th� Ifen in.foosl Proceedin0=whbh In th�Und�t opfnbn oP�nb t0 pr�vM�t tFN�nforoMl'IN11 of tM wn;OP(o)
<br /> securn kom th�hokNr of ths Wn �n �pre�rtMnt satkf�ctory to Und�r subordinatirp th� N�n to tnM Saicuriry insAUrn.ni. ii i.w��iw
<br /> determhes that my p�rt of tha Property is subj�ct to a Ilen whlch may att�h prlorky ovrr thft SecurNy InibumK►t, Und�r nMy qMr�
<br />- BarowK a notk�{dentMyinp Ih� liwi. Borrow�r�haM uthy th� li�n or Wa on�or moro ot th��ctbnf Mt loRh�bow wkhln 10 d�ys .
<br /> of the qHfnp of notfce.
<br /> 5. H�ie�d or Property In�url�nce. 9orrow.r srNr k«p ►h. Improv«n.n�: now eocuttny or h.ro�n+r .►.ot«f on a»
<br />- Pro{x�ty insursd q�hat bts by Ilro, ha�dt fnclud�d wkhh tM t�m "e�MncMd cown�"�d�nY oth�► hwrd�,hcludln0 11ood� a
<br /> floodlnp� for whkh Und�r nqulrn Inauru►c�. ThM fnsuranc� sh�N b� rtrinfaN�d M tha unounb lind for th� PMbd� tl�t LMld�t
<br /> roqufns. 71� Inwnnc�cartNr provldM►p tM Insur�sh1�N b� choMn by Borrow�r�ubj�et to L�ndM's �pprov�l whbh �h�N not b�
<br /> unre�sonaby wAhheld. If Barow�r falk to rr�Intaln cowrnW dacrb�d �bow� UndK may�at Und�a optbn� obtaln covMfO�to
<br /> proteCt L�ndx'�dphte M tha PropMy In�ceordu�c�wkh pu�ynph 7.
<br /> AN hsunnc�poCicw� �nd nn�w�l�3h�M be�cc�ptWM to Lend�r�nd shaM InCluds�atuidud mortyeQ�ckuN. L�ndM sMil hw�
<br /> tha rqht to hold the poAcles and renawak. If Lender requfres, Barow�r shaN promply 4�to I.�ndK aN nc�pts of pald pnrt�kNns
<br /> and nn�wal not�as. In th�ev�nt of bas, Borrow�r thaN plw prompt notfC� to th� Insurane�c�rrNr�nd UndK.L.�nrMr may mMu
<br /> proof of bss if not rrwda prompty by BorrowK.
<br /> Unlata Lend�r and BoROwar oth�rwls��prM In wrkh9� Inaur�nc�procMd� shaN W�PD�to r�ratontbn flr nptlr of dM PropMty
<br /> d�rtwp�d, M th�rostontbn or �p�k M �conomlcaMy hubM�nd I.�nd�s s�curky b not Nso�d. N tM nstorntlon a np�ir M not
<br /> - �conomicaly tMSbM or Lendw'a s�curky would W bssen�d� tM hsunnc� D�a� shal W �DPMW to tM �xra secund by thk
<br /> Securky In�aummt, whoth�r o� not tMn dw, wkh �ny poc�ts pald to BortowK• H Borrov+K ab�ndons lM Prop�ty' ar doK not
<br /> �ns�we wkhh 30 days a notic� kom UndK th�t th� hsunncs carrNr h�s oM�d to �Ntw • ohlm� tM^ I..MidK maY co� t�
<br /> InsunncA proce�da. Lenda rtry ua fh� proc�sd� t0 ropat or roslon th� Prop�tY a b pRy turta �cund by thk S�curky
<br /> In�trum�nt,whMM►a not tMn dw.Th�30�d�Y P�d wIN bpfn wh�tM nottee ft piwn.
<br /> Unl�st LindK �nd Bortavwr othwvriW�p'N „ writt►C��nY �PP�'tlon Of proCMd� t0 p�Clpal �haM nOt �ecE�nd or postpoM tM
<br /> due dab of th�monthN p�Ymsnta rskrrsd to In panpr�ph• 1 �nd 2 u cluinp�tM�nwunt ol tM payrtwnb. M undK pwpnRh 21
<br /> tha Property is ocqu�wd by Under, BoiTOw�s ripht to �ny fncuru►a pollcf�s�nd procNds nsukinq hom Omw�p�to ths Prop�ty prbr
<br /> to She eCquhsitbn sheN pess to l.ender to the extent of tht suma sacund by this S�curky Msbum�nt Yrrn�di�bN Prtor to th�
<br /> = acQuisilion.
<br /> _ 8. Occupancy� Preaervatlon, M�intenance and Protectlon of the Property; Borrower's La�n
<br /> AppllcaUon; Lc�iEhOldi. Barow�r shaN ocCUpy,�at�hlfah,�nd us� tl» Propaty �� eorroww� P�M�����r+khM ciKty
<br /> � days aRvr Iha eooscutbn of thfs Securky Instrum�nt �nd sh�M contlnue to occupy tha Property aa Barowefe P�nC�WI►'�skf�nc�1or�t
<br />- IMSI w�e yMU lhw lM tMl� ol oCCUp�noy. unMss Undu otMrwft� �yrNS h wrkirW� whlCh ConMnt �h�� na b. unnasoe.by
<br />-� wRhhskl,or unMss at�nwthp cPCUmstu►c�s exbt wh�h�n b�yond Borrow�r'a control. Bortoww sh�N nof d�atroy,d�nwp�o�M�par
<br /> � the Property, abw the Property to detsrbnte, or cart►mk waste on lhe Propecty. Borrow�r sh�M b� M dMeult M�ny forf�kun�Ctbn or
<br /> � procasdiny,whilh�cNN or crimhtt, ib b�pun that fn L�nderc�ood taKh�udprtNnt coukf ni�k h fo�l�kun�ot tM Prop�rty a otMrwW
<br /> -- ....�� �... �MI� C.r��r�u InNnirr�ft O► Ufl['l�I'ti SlCtlfky M1�K'�ft. BOf'fOYMK �My CUf� {UC�1 � tlMruk �nd
<br /> «wiiaiiij CT�r:: C`: �W.. ........... ..� ..... �_..., __�_
<br /> rehstete, os provided h paraflraph tA, by causlnp :h��Ctbn or procwdlnfl te W dismfssed wkh a ruk►p lhat,h UndM'� pood iaRti
<br /> detertnhatbn. precludes forteitwe of the Borrowers Hterest h th� Property or oth�r rtwt�Y� hip�im�nt of t1w liw► cwMO�d by thk
<br /> � 5ecurity Instrurtient or Londer's security interest. Borrowar shaN also be N dMault M 8ortowsr, durinq th� bN �DP�� Ix�=�
<br /> � qave rtwt�rintry fnlse or haccurate inlormatbn or suternents to Lander (or faYad to pravkk I.vndvr wkh �ny rtwbrid Mla.rtrtlon) fn
<br /> connectbn with tha ban avlde�ced by tha Mot�, Inc4d�y, but not k»t�d to, npns�+�tlons conc�nh0 Barow�� �u?�y��
<br /> ProFerty �s a pnc�lp�l resklena, If thk� Sscurity InstrurrNnt fs on � Mas�hokl, Borrow�r shaM comp�y vrkh al tM provblo�t of tM
<br /> leas�. lf Bortoww �cquiras h�t'RM to th� Prop�rty, the N�sahold and th� Iw tAw sheN not m�r0�unMss tl» UndK�qws to tM
<br /> rtl9fqqf H wrkhp. Foren�Ot�Y/io
<br /> F1049.1MO(10/97) Mp�9 0l 6
<br /> eos
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