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<br /> rI'hc I��ir�ds sha��be held in an instit��ti�n ti�r��osc d�posits are ins��red by a feder�l a�;c��cy, in�trumenta�ity,
<br /> or entity tinc���din�I.e�ider, iZ Lendcr is a��institl�tio�-��vhos�deposi�s are sa insurc;d)or i��any I��d�;ra�
<br /> ��um�L�an�3a�ak. LendGr shail apply the���znd5�o pay the Lscro�v Items no latcr than the time spe�ified
<br /> u��d�;�•1Z�5P1�.. Lender shall nc�!c��ar���3arro�ver�ar hold�n�ar2d applyin�the I�un�is, annt��lly analy;cin�
<br /> t���Gscrotv a�.�co�Xnt,or�t�erifyin�the l;s�rc�w�t�xans, un��ss Lendcr pays 13orrowcr interes�on the�4��n�s
<br /> ai�d�1pp�i�G�b1G�.�w permits Le��d�r#�c�mak� such a char�;e. �niGSS an agx�emei'lt iS m�[�C �n 1Vi'itii7�Ur
<br /> ��p�l��;ablc t�ar�r re�}t�ir�s int�rest t�b�paic#c�n the ��unds, �.er�dcr Sha�l not be r�q���rcd��pay�3orro�ver
<br /> any tntcrest�r e��•nin�s o�� �he �y����cis, �3�rro�v�r a�zd �..endGr t;�n agrc�in�t�ri�i��;, ho�vcver, that inte�est
<br /> s��ill bc paid or�t�he X���r��s. �.���dc�•s�a�l� �;iti��Ic� �3c�E-ro�vcr, rv�tho��t char�;c,aia a������al ac:�uui�tin,�ot the
<br /> ��i�t�ds a�reut�ir�d by IZI:5�'��1..
<br /> �f th�rc is a s��rp���s o#~��t�nds hcld if�cscro�v,�5 dc�inGd ��r�dt�r I�LS�'A, Lcndcr sha�i ac.•co��nt to 1�orra�vcr
<br /> to�[t�c;cx��5��t�rxds ir�ac�ocda�ic.•e��vitt��Z�:S�',I1. It't��cre is a shurla�e uf rur�ds�i�ld ii�escrorv,as defiued
<br /> undcr�ZL�I'�, L�i-�dcr s��a�l notify�3o�1c�r�cr a�rcc���ircd by�LS�'A, and L�orrowcr shall pay t�L�;nder
<br /> th���nu��i�t����L��sar�t�rr�ake�t� ��ie s��orta�;e ir�acc�rdarl�e with 1��:SP��,but in��o more tha�� 12
<br /> monthly paymcnts. It thcrc is�i dciic�i�nc;y of I�unds h�ld ii�cscro�v,as d�fincd undcr�LSPA, Lcndcr
<br /> ���all uc�ti�y�3�i�•c��vt;r a5 re�i�ir-ed�y �I::�����, a�ic�13orr�w�r s��all pay�v I.cnder t�ae a�nor���t r�cce�sary to
<br /> �nak�up thc c�cf ici���cy in ac,�c;ord��nc��:��r�t��l�l�S�'11, br�t in i�o marc th�n �2 �nonth�y Pa��mcnts.
<br /> �Jpon payment in ti�ll c�t~�I�Sl�r�iS SGCItI"G� by t�liS�L'C��t'lty IrlStrLl�nCnt, L.ender shal� �rUi-�pt�y ref��ixd to
<br /> �3Ui-ro�ver a�7y ����nds he�d by 1_.c;��d�r,
<br /> 4. Charg�s;L[�ns.�3orro�vcr shall pay all taxcs, asscssincnts, L:h��'�CS, finCS, an� i��npositions�tlrib�Yta.b�c
<br /> �a the�'roperty which can�ttain priority��t�er this 5ec;��rity�nstr��rricn�, �easehold payments or�;rour�d
<br /> rcnts�n thc Prc�per�v, i�'ar�y,�nd C�c�mm��nily 1�ssociatio�a�]ucs, ��ccs,and.�.ss�ssmGnt�, if any. 'i'a thc
<br /> ��c�ei�r fihat the5e items ar� Lscroti��terns, 13on•orver sha��pay�hem in the manner pro�ided in Sectio��3.
<br /> �3�rrc�r�ver shal�pr�rrtptiy disc�hai�;e�ny licxz�vhich�as priori�y ov�r ihis Sect�rity Znstrti�men�unles5
<br /> �3Urrt��v�r: �a�a�r•ees in rvriti���;to th� paymex�t�f th�obli�atic�n s�c��r�:d by thc li�E�in a man��er
<br /> ac�cpt�ble t� r.�e��der, bt�t U��ly sU �on�;a��i�x-rUr�v�r is perxox��iin�;s��ch a�;reGment; [b��ont�sts the lien in
<br /> �,c�Uc� fa�th by, U�d�l�nds a�;aii�sf cr�x�r�c�r��rit��'t��c lic�� ir�, �c�;a� prU�cedir��s tvhic:�l in �.endcr's c�pinic�n
<br /> c�pera�c;ta�revc��t thc���torc:cii�c:nt of�t���li�:���v��ilc�hus���occcdin�;s arc pendi���;, but c�n�y until such
<br /> prc7�cic�ir��,s ar�c����;�uciGd; or(L��ccurc� trorn thc���lder�f thc licn�n a�rcement satisf�ctory to I,cndcr
<br /> ���bc���c�i���ti���;t�ac ii���tc�this Scc��rity Y��str���ncnt. Ii��c��dcr dct��mines that any p�rt at thG �'roperty is
<br /> s��bjcc:t ic�a ti�n rv��ich can att�ii�priority ovGr t��is �e���rit:y l�nstrumcnt,Lend�r�n�y�ivc: �3c�rro�vcr a
<br /> not�c;e id�iitit}�ii��the Iiex�. Witl�in !�days c�f t��e date oYa which that i�oti�e is�;ivca, �3orra�vcr s��all
<br /> satisty the lien or tak�an��ur mc�rc;ot�hc a�.•�ions 5�� lorth ab�ve in this Sect�on 4.
<br /> 5. Prope�ty Insur�nc�.I3t�rrc��vc:r 5��a�1 kGc;p t��� irriprc�vc�i�r��nts i�U�v cxi5t�n�c�r her�aft�;r erc�ctec�c�n�he
<br /> �'rc�perty instrred a�;air�st IoSs by��re, ha�ard5 inc���d�d��rit��in thc; tcrm"exter�dcc�c;o�era�e," and a��y
<br /> c�ther ha:�arc�5�r�c.�l��c�in�, but r��l lirr�it�cl �c�,carthyuak�s ar�� f�c�t��i5. f�r►v��ich Y�crici�:r rey��ir�5 insuran�;c�.
<br /> '���iis i�-�st�ran4•e shsi�l�e maii�lai��e�i in t�ac ��Yn�E�n15(irtc��tidin�d�dt��:tibl� te�et5}and for th��p�r�c�ds th�7t
<br /> I.cr�c�Gr rey��irc;s. �hat I.lei�ic�cr rec}���rt;��iirS�E���-�t IU t�it; pc�;c;etiira�Sentt;nccs�:a�i cr�a�-����«�����tr��t��rrri Ut
<br /> t��c L�an. '1`h� iiasuranct�c��r-ricr p�ovidin�;the ins��rance shali bc�hosen by�3o�-ro�ver sub�Cct to Lend�r`s
<br /> Ci�hf tU t�iS�lp�3i•c�v��3c�r�c�tivc�r's 4hoi�c, rv����h ri�ht sha�l nc�t bc excrc;ised�Yivreaso�-�ably. X_.�;x�dcr may
<br /> rcc�tiirc;�3orro�vc�x to p�iy, in�onne�tt��i�vith this I..oan, cith�r: �a}a one�time c:��rtr�;e tor i�o�d�one
<br /> c�c.•Icrrnir��xti���,t;Grti�icatic�n ar��trac;�ir��;�t;rviccs;Ur�b3 a�r�L-ti�rie c:�iar�c; fc�r f��U�i�c�i��c��t�rrri�r�atiUn
<br /> Y and c•�rt.i�ki��ttiota�er�ices and s��ascq��cnt�c,�ht�r�;es e�ch�ime r�ma�pin�;s c�r sir�ni�ar chan�;cs occur which
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