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<br /> Borroy+K's ncrow account und�r lh�Ndxal Rsel Esut� S�ttkrr�enl Prx�durea Act of 1974 aa�m�ndsd hom tlme to tMr�, 12 U,S.C.
<br /> 2f,pt o�soq.("F1�5PA"), unMss anothar law th�t appib�to Ih� Fundt tats a ksrar�mount. If�o, Lmdar may��t�ny tYn�,colMct�n�
<br /> .hold Fund�h on amount not to axcN�d lhe Nsser amaunt. Le�cNr rru�Y satfmate the�mount o1 Nnde du�on th�baff� of curr�nt d�t�
<br /> and ro�eon�bla estfmat�s af exps�dkures of Nturo Escrow Itema or otherwlse In e�coordance wNh RpPNcsbl�Mw• � -
<br /> Th� Funds 1hYA b� h�kJ h �n httkulbn whos� d�pofit� ar� htund by o f�d�rl� �G�Y. hatrum�nt�WY� or antky (Inoludinp '
<br /> L�nder, M Undsr Is euch an Instkutbn) or h any F�arRl HorrN Lo�n B�nk. L�ndK ahaN C.ppM th�Fundi to pay th�Escrow ItKnt.
<br /> Lender may not Cherp� Borrow�r for holdhy tnd�ppyhfl the Funds, annuaYy an�yZinG th� sarow accou��t,or wrMylnfl th• EsCrow .
<br /> Items,unless Lender paye Bonower Interest on th�Funds�nd app��C�bN law P�mK���� to mnk�sucn� chlrp�. HowwK�
<br /> L�nd1r �
<br /> may raquk�Hortoww ro pay �or��tkn�chupo lor on hciopandwit roul astate tax reporthp senl�0 ueed by Lancl�n c �onnoctbn wNh w �
<br /> this b�n, unbse appNCabM law provfdsa oth�rwite. UnMss�n epnemenl is ml�d�or�Pp11C�bM I�w requkes intK�st to bn plld,Lend�r p
<br /> shall not M rsquked to pry Borrower�ny IntKeat or w�minps on the Funds. Bonaw�r�nd L�ndK miy �9rM In wrkh0, howw�r, th�t w
<br /> fntereat ah�Y b� pakl on ths Funde. Lender ahall pNe to Bonower, wkhout charpe, an annual rc�ounthp ot th� Fundt, ehowiny
<br /> credRs and debRa to ths funda and lhs purpose for whbh each cNbk to tha Funds wee made. The Funda ue pbdOsd as�ddKb���
<br /> sscurky forall sums sscund by thb S�curky Inswm�nt.
<br /> If tho Funds hNd by Lend�r uccead tho amounts permitted to be held by�pP��abw kw, L�ncMr eh�ll�ccount to Bortower for th�
<br /> ezcess Funds h accordanca wRh the rsquYMnenle of spp�cabb law. If the amount of the Funds held by Lw�der at eny tYne fs not
<br /> suMblent to pay the Escrow Ilans when duo,Lendsr may ao notMy Borrow�r fn wrklnp, �nd, in such case BoROwer ahaM p�y to Und�r
<br /> the emount neceas�ry to rrwke up the defbMncy.Bortowar ahaN m�lca up ths delbbncy In no more th�n tweF» monthly paYm«+ts,H
<br /> Lender's sola discrelbn.
<br /> Upon paymint in full of aN sums aecund by thls S�curky Inctn wnt,l.�ndx thall prompty relund to Bortower�ny Funds I»Id by
<br /> I.ender. II,under panpnph 2t, Lenda sh�M acquke or seN the Property, Lender, prbr to the�cqubRbn or sl�b of the PropeAy, shnll
<br />= apply any Funds hold by Lender at the tkne ot acqulskbn or s�b�s a crsdR a0ainst the sums sacurod hy lhls SscurRy Inctrummt.
<br /> 3. Appllc�tion ot Paymenti. Unlsaa app�oabk law provid�s otherwise, aH payments recshred by I.�nd�r��dK P�mOnPh�
<br /> 1 and 2 shnll be epplfed: fksL tu any prepeyment chuyes due under the Nots; second,to amounts psyabb undx parapnph 2; thlyd —
<br /> to htxest due;fourth, to princfpal due;and�st,to any late ch4rpes due undor the Nate.
<br /> 4. CIMfqli; LICl1s. Borrower sh�N pay atl tax�s, ass�tsm�nts, oharpea, fhas and Impo�kbnf attrbuLbM to th� Pfop�rty
<br /> whfch may att4h prbrky over this SecurRy Instrurnent, and baseho�d p+�y�ts or pround renta, M any. B�owsr shsN p�y thp�
<br /> ohlpatbns in the rrunnor provkled In paraynph 2, or Y not paid h that rtwnnar,BorrowK shal pay tham on tlm� dincty to th�pKton
<br /> owed peyment. Borcowx shall prompty fumfsh to Under all notbsa of unounts to be paid under thls par�yraph. If BoROwa mvca
<br /> these payments dkecty,Bonowar shaN promptly lumbh to Lender receipts evidenofnp the paymenta, „ W��Q to
<br /> Bonower shall prompty dfscharpe a�y ien whfch has prbrky over thls Sacurky Instrument unlecs BortowK:(a)�proa
<br /> the peym�nt of the oblipetbn s�curad by tlw lim fn a mannsr�tceptabw to Lvnd�r; (b)contsts In qood fakh th�N�n by, or d�fond�
<br /> aqafnst enforc«rwrn ot the ii�n in�wWii N�iri:sd���o'^h��=� �����•'-�"nnfnbn onsrata to DrevMlt th��ntofCMiMnt Of th�IMn� or(c)
<br /> ser.ures hom the holdar of ths Ilen �n aarernmt s�t{sfactory to LendK subordinatlnq the INn to thb S�curNy �natrumN�t. H LMidK
<br /> determfnef that any part of the Property b subject to a �Ian whVch may att�h P��kY o� �� �urity Inswm�nt, Lsnd�r rtry plw
<br /> Barcower e notfce Identfyinfl the Ifen. Bortower shau satbty the Ilsn or take one or mora of tM aClbns aet forth �bov�wkhin 10 cNys
<br /> of the ph�iip of notka.
<br /> 6. H�ZiY'd or Property In�urance. Bortowet shna ka�p lh� knprowmentd now exbtiny o� hMMhM' �t�Cted On �ha
<br /> Property Insund ap�hst bsa by fke,hwrds hckid�d wNhfn th� t�rm '�at�nd�d cownqa" �nd �ny athw harudt, incksdhy 1bod�or
<br /> fbodhp, lor which lender requires hsuruice. Thb inturance sh�A b� malnt�lned In the Mnount� �nd fnr the pKlodt th�t Lender
<br /> requ'res. The Insurance cartler provkhfl ths Inwnnc� �haN b� chown by Borrowa'�ubj�cl to Undsra�pproval wfiich sh�M not b�
<br /> unreasonably wkhhokl. N Borcower hi� to rruilntain coveraye d�scrlbsd ebow, L�nd�r miY� xt Le�d�s optbn, obtaM covar�to
<br /> protect lender's rqhts in the Property h accorduice wkh parapraph 7.
<br /> All hsuranca policWs and rwsawak sh�Y W accoptabw to Landar and shaN Includ�a at�ndard mortp�p�cyuN. Undrr ahaM havo
<br /> the r'pht to hold the polbbs snd renewab. If Lander requfrss, Borrower shaY promptly 9Iw to Lender�►11 rocolpts of pafd pramkxns
<br /> end re�owal notices. In the wont o} bss, Bortower sh�ll pNa prompt notiCO to tha hsuranco cerrfer and Lontbr. l.and� ►►wY m1k�
<br /> ; proof of bss M not made prompty by Bortowor.
<br /> V Unless Lender end Borrower otherwise agree fn wrRhfl, Insurance proceads chall be appied to restoratbn or npak of the PropKty
<br /> _� damefled,if the restoratbn or repek Is economicalry feasible nnd Lendar's securRy Is not lessened. If the reatontbn or rvp�fr b not
<br /> xonomic�liy fwsible Of L6f1d9f 6 SiCUfky WOUId b9 1966M1Yd, the Insur�nc� proCeeds 6h4tl bH lipplkd to ths sums t�►cund by thls
<br /> Security instrument, whether or not than due,wRh nny excess paid to Bon�wsr. It Bortower Wandons the Property� or dwa not
<br /> - answer withh 30 days a nottca hom l.ender that tho hsunncs carrMr hae oflarad ta sNtls a ckkn, th�n Landar may coN�ot tM
<br /> fnsurancl prxaeds. Londx n'iay use ths prxMds to npaP or r�ttoro th� Propwty or to pay eums R�cur�d by thk S�CUrRy
<br /> - Instrument, whether or not then due.The 30-dey perbd wfll bepin when ihe not�e is pHe�•
<br /> - Unless Lender and Borrower otherwls� apree fn writinq,any applicatbn of proceads to princpal sh�ll not exund or postpon�the
<br /> - due date of the monthy payments relerred to In puapnphs 1 and 2 or chanpe tha emounl of ths paymentc. If undar p�npnPh 21
<br /> the Property fs acquked by lendor, Bo�rowers ripht to any hsurance polfcVe� end proceeds resultinp irom ciama0e to ths PropKty prbr
<br />— to the acqukRlon shall pass to Lender to the extent of the sums secured by thfs SecurHy Instrument imm�d�tey prbr to th�
<br />= acqufsitb�.
<br />" 6. Occupency, Preaervetion, Meintenance and Protection ot the Property; Borrowrr'� Loen
<br />=-� Applicetion; Leaseholda. Borrower shall occupy,est�blish, and use the Property aa Bortower's princpal nakianCe wRhin sbRy
<br /> days aRer the executbn of this SeCUrity Inst�ument and shaN Continue to occupy the PropaAy �s Borrowera principal re8kia�ca !or at
<br />.�� �easl one year efter the date of oacup�ncy, unless Lender othonvfse eprees In wrilhp, whkh consant shaM not be unnasonWy
<br /> withheld,or unless extenuatinp circumstances exfst whfcf�are beyond BortoMers cBo ower haiWbe inadehuk M�any,fo�rfeRure ct o�r
<br /> the PropeRy,allow the Property to deteriaate,or commk waste on the Proparty.
<br /> proceednp,whether cNll or criminal,is bepun that fn Lender's pood feilh judpment could ue;uRQ forfe�ur�ol�h�a�Pro�cpwty °�U�nd
<br /> � malerit�� Fmpak the lien created by this SeturRy mswment or i.unarr'o ae�.����i ^•a�-° ^°-°-• --•
<br /> rehstate, as provlded in paragreph 18, by ceusfng the ectbn or pruceedinp to be dismissed wkh a ruk►p that, h LendePs poad ItRh
<br /> � datermination, precludes torleRure oi the Borrower's hterest h the Property or other melerial imPekment of the Ifen created by this
<br /> Security I�strument or lender's security hterest. Bortowor shell ulso be in defauk if Bartower, durinp the byn eppucYtbn process,
<br /> gave materielly Iplse or ineccurate fnforme.tion or stetements to Lender (or felled to provide LendAr with eny materfel hfomtatbn) fn
<br /> connecGon with the loan evidenced by Iha Note, hclud'nr�, but not I'mited to, representatians concemin0 Borrower'S occupanCy ot tha
<br /> Property as n prncipel residence. II thls Sucurity Instrument Is on a leasehold, Florrower shall compy with �II the provhbns of the
<br /> � feaso. II �orrower acqukes fee tRle to Ihe Property, the leasehold and the 1ee tRle shall not merQe unless the Lender aqreBS to the
<br /> morger in writing. Form aaze oloo
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