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<br /> 98— ��.ze43
<br /> Boaoww's �ncrow iccount undar th� Mdenl Ft�el E�tato S�ttkrrwnt Procedures Pct of 1974�s �m�ndsd Irom tims to tYrw, 12 11.S.C,
<br /> 2601 ot s�q. ("RESPA"),unktt anoth�r kw that applia to tha Fund� sNS R Masw amount. II ao,L�ndK may,�t�ny tkn�,coMoct�nd
<br /> hold Funda In an amaunt not to eacesd ths MsNr�mount. I.aid�r maY sstfmate th� unount of lunds dw on th�b�ab of currNit d�t�
<br /> and reasanable asthiatea of expendAuroa of futuro Etcrow Items or oth�rwfaa h accorduic�wRh�ppNc�bM law.
<br /> The Funds sh�ll a h�ld in �n NitRulbn whos� deposNe an Inwred by � fed�►al �p�ncy� If16lNfINf1UIRy, or �ntky (hcludinp
<br /> Lender, M Lender is such an hstkution) or in �nr F�d�ral Homo Loan 9ank. Lendar ehall�pply Iha Funds to pay th�EsCrnw It�mt.
<br /> Lender may not chup�Br�rcowar for holdfnp end �ppyfnfl ths Funda, annuaty endyzfnp tho sscrow �ccount,or wrKyhp th� Elcrow
<br /> It�m�,unbss Lend�r p�ya Borcower int��at on lh�Funda�nd�pplbabM kw PermAa Undw to m�kw euch� chup�. Howw�x, l.md�r
<br /> may requke Borcower ta pay■ onrtlrrN chup�ICr �n kld�pendMt rMl Yst�t� tlx r�porth�tKVIC� usW by LKIJM In cOnMOtbn wkh
<br /> this loan, unloss applfcehte lew prov►dee oth�rwia. Unla��an �prMrtwnt la macM or �pplblhM Mw nqukn �t��khy�hoaw�wr«tiwt c
<br /> �h�N not W nquk�d to pwy 9or►ow�r any Int�rMt or NminOs on lh�Funds. Bortow�r and I.MtHr m�y WrM
<br /> int�rsat sh�ll 1» pdd on th� Fund�. L�ndK �haN plw to BorrowK, wkhout chupn, an �nnu�l �ccamlhp of tM Fund1, showYq
<br /> Cr�dR�t�nd dWRS to tM Funds �nd th�purpou for whbh�ach d�bk lo th�Funda wu rryd�. Th�Funds �n pMdO�d a��ddMbnal
<br /> securBy lor aM tums skur�d by ►hk S�eurky In�trumint.
<br /> II th�Fund� hNd by l�ndK�occMd tl»�mount�p�rmkt�d to b� hNd by app�cabN Mw,L�ndK�h�l�ccount!o Barow�r 1or tM
<br /> �xc��1� Kund� In accordu�a wNh th� nquir�nts of�ppNc+�b� Mw. If th��mount ol th�Fund� hNd hy Und�r�t �ny tim� N not
<br /> •uHbhnt to p�y tM Ekrow ItMn�whm du�, L1nd�r m�Y to notMp Borcow�r h wrAhy,and,In such c�s�Bartow�'�haN p�y to NtMr
<br /> !h� �mount n�asu�ry ta nuk� up th�d�ficl�ncy. 8orrovwr ah�N rr�k�up th� dNblancy In no mors thRn tw�Aw monthy peyifMn
<br /> Und�r'� toM dlscrNion.
<br /> Upon p�ymenl in IuN of�N nums s�curW by thM S�curRy Instrum�nt, L�ndar 1hRN prompty nlund to Bortow�r�ny Fund� Mid by
<br /> UncNr. If, und�panpraph 21, Lendsr shaN acquk�or sNl th�Prop�rty� L�nd�r,prbr to th� �cqufsNbn or s�b of th�ProMrty,sh�M
<br /> �ppy�ny Funds hNd by L�nct�►�t th�tim�of�cquNltbn or �AI� �s a cndit apdntt tM sums s�cund by thM S�curky InaWm�nt•
<br /> 3. AppllCatlon of' Paymente. Unbse appNC�bb law provfd�a oth�rwfa, �N paymw►ta nc�N�d by l.�ndK und�r p�n�pr�ph�
<br /> i and 2 shaN bs �ppib: fYSt, to any prepayment chupes du�und�r ths Note;acond, to amounts payWl�und�r p�nOnph 2;thtd
<br /> to IntK�st dw;fourth,to princlpal dur�nd ia�t,to�ny kn chupa dw undK th�NoN.
<br /> 4. ChafQE�; LIO�fi, Bortow�r shaM p�y �M uucrs, assesaments, chuqs, tin�a �nd knposkbn� attrbut�bM to tM Pro(»�ty
<br /> which may att�fn priaiy avrr thk S�curky Inttrummt, ond N�sN�ofd paym�ntt or pra�nd ronb, M any. BoROw�r �Iwl p�Y th�
<br /> oblpatbns In Ihe mannK provW�d In pu��4Ph 2, or R not pald in th�t mu�n�r,BorrawK�haN pty thKn on tlm�dfncty to tt�p�non
<br /> owed paymwrt. BonowK �h�N prompty tumfsh t0 Undu all notksa ol art�ountl lo b�pald unda this p�raart�ph. It BofrowK rtNk�t
<br /> these payments dir�cty,Bortoww ahatl prompty tumkh to Lander rscai�pts wklancinp tha p�ymants.
<br /> Bortowx shaM prompty dfscharp��ny Il�n whlch h�s prlorky ovar thls SacurAy Instrummt unl�ss Barovwr: (�)�prMS In wrlHnp to
<br /> the payment ol th� oblpatbn securad by the Wen in a manner acceptabb to LBndM': (b) contests In pood fikh th�M�n by,a'dM�nds
<br /> ey�fnsl onforCwnait ol lho liwi In,fapal procwdhfla whbh h tha Landx's opinbn opont�to pnwnt th��nforc�rrwnt nf th�Wm;or(o)
<br /> �pr.��rna kom the�hold�r of the Nen an npnwnent c�tKfactory to londw subordfnatNp th�Yan to this S�curky Instrum�nt. ff L�cMr
<br /> determhes thot any put of the Property is subject to a Ren wh�h may attah prbrky owr tnd�curiry insinm�w�i, i.w�uw ��:i �i�`•�
<br /> Borrower� notic�kknifyinq tha lian. BonowK shaN satlsfy tha Iqn or taka one or moro o}th��ctions Nt forth �bow wkhh 10 d�yt
<br /> of th�qNfny of notice.
<br /> 5. Hwrd or Property Insuran�e. earow.r sheN ka�p th• rr+provsm.ncs now aktt�p or t�..it�r a.cad on th.
<br /> Propwty insurod o0alnst b�s by Hro, hwrds(nclud�d withh the term"extendod oovinlAe��nd�ny othlr haartls, InCbdinp floods or
<br /> fbod'np, for which Lander requfns insunnce. Thfs InsurAnce shall be maintahsd in th� amounts �nd tor th� p�rbds tlut I.�ndM
<br /> requfns. Th� fnsurance curisr provld'np the hsunnce eha:l be chosm by Borrower subJect to l.�nd�� aipprowl wh�h �h�ll not b�
<br /> unrs�son�bry withhald, If Bortower hYS to rtKhtaln coverape desari»d above, Lmder may,�t Lendws option, obaln eowr�to
<br /> protect Lender's rphts h the Propaty„ �ccord�na wkh panyraph 7•
<br /> AN inaunnca pokbs �nd renewak ahaM bs acceptabM to Lend�r�nd shaN includ�a�tandud mortqps clwN. Undw sh�N f�v�
<br /> the ripht to hold the policMs and r�nwv�ls. If Lander roquiras. Bortower ahaN promptly pHO to l.�ndr�M nc�iptt of p�fd pnrt�kwns
<br /> and renawal notkes. In Ihe ewnt of bss, Borcow�r shaN aNs prompt notfc�to tM hsunnc�cartlK�nd Undrr. La�dK rtyY �
<br /> proof of bas M �ot rnde prompty by Borrowa.
<br /> Unless Lend�r and Borcoww othawiso apree in wrkinfl, insurance procoad�ahaN b� �pplNd lo rostontbn or np�Y of tM PropMtr
<br /> derrwpsd, i1 ths resta�tion or ropafr b econombaMy le�abb u►d Lendw's s�cudty fs not bssanW. If Ih� r�ttontbn a np�ir W not
<br /> economicaly leosbie or Lender's security would be iBSSen�d� the fnsurence prxs�ds ahaM W appM�d to tM sums =�cund by thli
<br /> Securily InsWmMtt, whathir or nOt then due, wRh �ny exCKS p��d t0 Dorrower. �f BortoMMr�b�nd0�s tIN PropMty, Or dOM not
<br /> ��svrK wkhN 30 d�ye a notia kom L�nder th�t the hsuranc� curix has oN�nd to s�ttb a clakn, th�n l.�ndK may coN�ct th�
<br /> Insur�nc� prxe�ds. Leiider rrwy use ths proce�ds to rap�r or restoro tM Propsrty or to p�y wms s�cund by thls S�curty
<br /> Instrument,whethe�' a not lhen dua.The 30-d�y p�bd wNl bapin wh�n ths notk��s plven•
<br /> Unkss lender Nd Borcowx othe�wfse �prse in writnp, �ny appicatbn ot prx�eds to prncip�l sh�N not�atrnd or poslpoM tM
<br /> due dato ol the momny peyments reterred to in pera9raphs t and 2 or chnnfle the emount of the payments. It undK p�rapnph 21
<br /> the Propeny�s acqu'red by Lqnder. Burrowe�'s rpht to ony insurance policbs and proCeede rosuRiny kan d�rn�p�to th�PropMtfi P�
<br /> ro the acquisition shtll p�ss to Lender to the axlent of the sums securod by thls S�CUrily Instrumsnt kwrndVtNy prio� to tl►�
<br /> — acquiskaa.
<br /> 6. Occupancy, Preservatlon� Malnten�nce end Protectlon of the Property; Borrower's Lan
<br /> Application; Leqeholcis. aorrow�r sn�n xcupy,ssublish, and use the Fropxty as Borcowars princba�nskl�na wkhh tkty
<br /> days after the axeculion ot thfs Securily instrument and shaM continue to xCUpy tM Froperty�s Bortowsr's principd rositl�nc�for�t
<br /> - least one ye�r aker the dat� of occupancy, unMss Lendar othawisa aprses fn writhy, which conpnt �haM not W u�rMton�by
<br /> — wRhhatd,or unbss wtMWthq circumstanCw exisl whfch an beyond Bortowere control. Bortower shal not d�sVOy,d�mps or MWt
<br /> -' the Property,albw the Properly to deterfarnte,or commit wasln on the Property. Barowa shaY be in dsfauk k�ny IorFlNun eCtbn or
<br /> �� proceed'nfl,whelher Cti��or crimfna�,Is bepun thal h Lender's flood laith judpmmt could nsuk In lorfsNure of the PrOpwty or oth�wiw
<br /> 'y� materially impair the I�n created by this SecurRy Instrumant or Lenders security Yiterest. Bo►rower rt►ay cun such a d�lwk md
<br /> - �..�.,...:., .,..e.,.e.,►, �a r,� nusho the aCt�of1 Of pfOC96dk10 IO b9 diSfn�556f1 with fi NIY1Q lhYt, in i.enciN's yooc! hkh
<br />--.� ro��Sidie. o� �...,.�...,.... „�._�.t" --' " " '
<br /> dete�minetion, precludes lorfeiture of the Bonower's inte�est h the Property a othw motw�l inpaMrn�nt of th� li�n crMt�a by tnM
<br /> Securdy Inswme�t or Lender's securily fnterost. Bortower shall e�so be In de�auN k BorrowK, durYp tho ban �ppMcalbn Prx�ts,
<br />- gave materi�ly false or naccurete iNorrtwtan or statements to Lender (or foiqd to provlde Landar wRh �ny nuteri4l Hformttbnl in
<br /> connectbn with Ihe ban evidenCed by the Note,Inciud'np, but not knRed ta,represYnt�tbns conCamhp Borcuwari oCCUp�ncy of th�
<br /> Property as e pr'ncpal res�de�ce. It this Securily Instrurr�ent Is on ■ Ieasehold, Bortower Sh�A compy with ntl the provbbn� ot the
<br /> lease. 11 8orrower acqu'res tee tftle to the Property, the leesehokl and the fee title shaN not rr►�ps uniess the Lender p�� to tM
<br /> mtxger in writing. Form ao2�woo
<br />� FtOTB.LMO(�0/47) Pafl�2 0l S
<br /> 940
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