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<br /> 8orrovrer'o oIIOrow aCOOUnt undar tho (odaral Roul Eatnto&orih.ment Procoduro3 Aat ot 1974 a8 nmondod hom timo to timo, 12 U,A.C. �
<br /> - -� - 2;�pt ot naq•(°�BPA"),untoso anothaa la++thnt appib3!o tho Fundn aoto a basa►umount. If oo, Landor may,nt nny timo,cotieot and �,.
<br /> nold Funda in an amaunt not to oxeco0 lho k^,�uor amount. Londet ms�y eatinmto thv m��ount ot tunda dus oTM the br!s�? A1 auRSnt dnm � _.
<br /> nnd reaaanabin entirnntaa of o�cr+dlNros o4 tuluro Eaarow itema or othorvdso in acaordanco viitn appuoubW Iz►v.
<br /> " Tho Fundo ahntl bo hold tn an InslUutfon wh000 dopootts aro tnaurad by u lodorat nBo^a tho Funda to`'pay tho Eoorowoltemu. �
<br />' Lond�r, It Londer la ouah nn Nstltutlan)ar In csny Fadornl Homo Loan Bank. Landtu ehall npOb �
<br /> Londor may not ahnrgo Bortov�or tor holding and nppryln� tho Fundn, nnnua►y annlyxNg tho oscrow usCOUnt, or votlying tho Encrow =,
<br /> Itomo,unbsa Lnndsr pays Bortowa k+terest on the Funds und app�bnb{a law pettntto Londer to maku auoh n oharpo. Mowovur.Lcnder ,1 ,
<br /> ' �liN'
<br /> nzay rc;quUO Borcaerer to pny n onalirno ohurgo tor an Indcpcnd�nt rc�l�stato tax raportlnp aon�o uaod by LCndUr•In oonncotion with
<br /> t" tAts loan,unles�MA��b �W Provldos othonvlse. Unbso un a8►oamant is mndo or npptbabto law roqukes Inieroat to bo pnld,Lcndcr
<br /> ahttll not bo roquirod to pcly 8or�owor any Mtcroat ot ettmmh90 an tho Fundss. Bortowor nnd Lander mny agree In w�Iting,howsvW,that
<br /> �"'`�"� Intorest shatl be pnt�on the Funds. Londor ahatl gNO to 8orrowor, without ohargo, nn nnnunl acoount�g ot the Funde, ahov+ing
<br /> .a.�.�
<br /> crodlte and dobits to tho Funds and tho purpoae for whbh oach debit to th0 Funds was mndo. The Fundo aro pbdgod na uddRtonai
<br /> security tor ntl sums socurad by thb Sscurity InsWmant. , ..
<br /> !f tho Funds held by LondESr w�ec�ed the an'�ounta permittod to be held by apptleeb�s taw.Londer she��aecount to BoROwar lor tho r.`,"
<br /> oxcesa Funda in ecaordanco wlth tho requUomonta ot opptbabb Iaw. If tho amount ot tho Funcis hetd by Lcndar nt any time�s not `. -
<br /> auNlabnt to poy t�o Heeto'a Itoms whon duo,Londcr may ao notify Borrowor in writing,and,in suoh cnsa Bortowor ahnll pay to Wndar
<br /> n thp amount nocossary to mntco up tho dotioktnoY. Bortowo� shAp msko up tho defialnncy In no more than hvsMa monthry pnYmsntn�at -_
<br /> Lendars sab discrotton. -
<br /> Upon payment k�fuii of aA aums seourod by this Seoutity inswment,Lender shaq prompty retund to Boaower nny Fund�hald by __
<br /> .��' Lqrtd�r, If,undar paregraph 21. Lenetw shsll acquire or seli the Properiy,Lender, pdor to the aaqulsitton or eale ot the PropeAy,s�ali
<br /> � Qpp1y nny Funds hetd by t.sndas ot tPea tlm9 of ncqutsRlon or safa as a credft a98hst the aums eecuced by this 8eaur8y InaUuman�
<br /> � 3. ApptiaeU�n ot P�ymenta. UntesB apDlbt�b�e I�w providos othonvise,alt paymente recetvas!by Lender under paragrayha —
<br /> ;� 1 and 2 shall bo aWpl�d: fkat, ta eny PrePeyment oher8es dua ur�der the Noto;second,to emounte payabla under pareAreAh 4; thkd
<br /> ' to lntorost due;fourth,to prM�oipat dcco;and last,to any u�te ohargos due undor tho Note.
<br /> (Ines and Imyosittons atUibutable ta 1ha� Property —
<br /> „ .�• 4. Chnrgee; Ltena. eo�roxv�r shau pay au texes. assossments. c►�ar9ea� BoROwer ehRll pay these �.
<br /> whbh may nttain priority ovcr ct+ls Sacurity InsWmont,end 4easehold paYmenta or grounA mn4s, B enY•
<br /> obtlgadona in the manner provtded�n peta9raPh T.,or M not patd h that manne►,Bortower shali pay them on timo diroaty to tho person
<br /> o�red paymen4 Bortowor ehall promptry fumtsh to lender ab notkes of amounto to bo patd under this paragn►ph• It Bortower makes
<br /> theso paymenls directy.Bortower sha8 promptry tumish to Lender recelpts svidenaNg the payments.
<br /> � 'f` Boaower shatt promptiy disoharge nny Uen whtoh has F�or[t�r over thls Security InsWment unlesa BoROwor.(a)a8rees In wr�h0 to
<br /> tho paYment of the abUga4ion seeurad by the I�an tn a mannor ecceAtebie ta Lender,(b)oontost3 h good tatth the Ibn by, or detends
<br /> - �+..t��', :r - &��s��nn4°t the Uen m,t�at procesdinps whbh h the I.ondera opinbn operate to prevent tho entorcement ot tht� llenc or(o)
<br />` . - � �, .�� ' soauros ham th� thotdsr of the �On an agreanon4 satlsfaoton whbh nmaY atinm yrlorfty ovorrthis�3eCUrity Ins'uument�Lendo� mA pNe
<br /> ":�.•�:��.a s of the Property ts subjoot to
<br />_��t,._.,,,_,s datermhos thet any pmt
<br /> J•;!�?;.�r°:� 8orrower u notice idenNlyinp tha tien. Bortower shall satisry the Iien or tako one or more of the eotiona sat 4orth�0ova withh 1� ay8
<br /> 55 �
<br />�� �•���, �1i of tAe gNhp ot notke.
<br />=�17;�4_",�
<br />�+:�+�k•,+•�y, 6. Haxerd oa�r�perty Iv�sueanee. Bortowet shali keep the Improwm�tts now existing ar hereafter ereotc+d on the __
<br />'-��`��z�.��. p�aperty insured a9ahst Wsa byHre.hozards Inciuded withln the torm'extended coverctge"and eny othet ht�aurda,inaludktg iboCs ar
<br />_�.,,��.,.
<br /> " ibodhg, fot whiah Lendc�r roquYes Inaumnce. Y1►IS insurance shatl be malntalned In tha emounts end tor t�e pertods that Len
<br />_�:; .., _
<br /> ;�+t'�T+��''�"� reqoireg. The inauana9 cerrb�provldhe tho Insuranao shatl bo ahosen by 9oROwer suOJect to Lenders app�ovat whlah aheU not
<br /> -���':��.�'" unreasonaby wahheld. Ii Bomoxrer taqs to maY�tatn eevera6o dssor�bsd abovu,
<br /> Lender may. �t�enders option,obtah coverepe to
<br /> --�_:`���: ` protect Wndet3 ri�hts In tho PropoYry h eeoordanco wRh pamg►ePh 7.
<br /> __�� --- All�nsurartce polbbs end renewab ehati 6e acceptabte to Lendor and sP►aA tnolude n atendard mortgago e6suso. I.endnr shali hsve
<br /> '�'����� the right to hold tho.poibies an0 renewa�s. If LenQo►re4uUes�Bonowet sBnnli prompty pNe to Lender aq r�ecelpts of patd P��+ms ,
<br />=:'s�W"`�'�P`�°',�
<br />_m= e�na ronewat notices. ln fhe e►�nR of toae, Boaowur shoU gtvo prompt notl�to the Insuranco oartier c�nd�dnder.Londor may �rsake
<br /> j;�.�� proot ot bs8 It�ot rtutda Otom➢1�' bY Borrowor.
<br />�`,` �,���_,. Unlesa Lendor and Bortower ott►erwise eCree b wrntn9�in8°�e�ee proeeeds shuli bo aPDlbd to restoration or repair ot tho P�opertY
<br /> s_��y;�
<br /> =,.,,� damepsd, H tAO rosroiatton or roprsir Is economtoary foasibb nnd Lendars securriy Is not lessonod. If the testo►aUon or repaY s not
<br /> -�>�'�.S&� aoonomlcaiy teasibia or t eodsra ce�urnY�yould be iesaened.tho Inaurance D��►da ehep be 4Pp��d to the sums sasured by thb
<br /> -'"�'"��°� Security tnsUument,whetha or not thon due, wNl► ony exaesa paid to Borrower. It Bortowor abandonc tho �roperiy, or doos not
<br />_-�-��= enswor wkhh 30 duya a notico irom Londer thot the Insurance aartlnr has otbred to cottb n oiatmum �� by this01S�curtty -
<br /> �**!�'+�'��f"'�# Insurance proc�. l.ender maY use tho Proceeds to repaM or restore tho PropeAy or to pny
<br /> _-m_*� e ,eartod witl beqh when the not�ce Is gNen.
<br /> tnswmaat.utactfsn in not thrm duo.Tl�..34+!�?Y.
<br /> ����{"�r'�J f r� Unies9 Lendet end 8orcower otAetwtso a�o�n w�Itin9, eny ePPlkudon ot �raCaCds to pr�eaEpt�{ehRh not exnx�d cr Fn+StGo�+B tha .
<br />,�u�`�:��,•� Qnte. If under pareprsnh 21
<br />-1;fi��•'- due dato of the monthty payments refer�od to in paragrapha t and 2 or ohflnav!ho nmount ot the pt►�rm
<br />�.' •'?• G�1 �
<br /> ?��i•'�;?,c. . the Proporty fs acQukt►d b)I�n3ur,Bortowe�s right to eny Insurance polbios enC Drocesds rosulthg trom dama�{o to Ne PropertY p ►
<br />-�f:.
<br />;�`:�;;�..'��� to tho aaquisftb� ahnU pa�� to dender to tho mdfm4 of the sumo socurea by this Socu�ity InsWment fmmediatoly prbr to e
<br /> ,.:;..,.,. ,
<br /> ' ; ��, aaqui3ttlon. BOTf�tYCi'0 LOdfl
<br />- • ��: 6. Occu�,a�n�/. PpFaervation, Maintenance and Pr�f��41on of the Prepev�;
<br /> AppQCatlCll; 1.+C�EChOlS3a �3ortower shall occuPY.establ�h. and uso tho Propcxty as Borto�+efa Drinctpal ro�fdtm�e�e ro�
<br />,fy.,.�+• � � {�r, day�pftor the exoeutbn ol t?rb L�iscurity instrument end ahntl continua to occupy tNU Property an BortoLVpr's�InclpA
<br /> ''' " '' Ipust one y&9t efter tPto Qu2�C? oeoupsutoy, unbss Lendor othcxwise agroes h wriNnB�whbh aoasant ahall not Co unranion a�
<br /> �` ' wkhhold,or unl�s Ea4onuat'�9 ctrcumster►eos oxist whfeh aro boyond Boaowefe controt. BoROwor sha►I not dostroy,dam48o knA
<br /> .-�. a�::r� tho PropsAy.n�nv 4mo Propvriy to deterlorat�t c1 commtt waste on the Proparty. 8orrowur ahnit bv in delYa�it�u�f►torfotturo aatbn or
<br /> "'s'� �. �. proceodhp,whaiher otvA or o�n:�a4 b bo6un that in Lsndors 800d faith jud{pRe�t coutd rosuti In torfoituro ot 4ho Praportt/ or otherwtse
<br /> -�-'�--��____ . .._ .._ -_- ... .�e �»� tr�atrumant or ic+ndnrs security interesf. BoRO�ver may curo sueh a dofauN and
<br /> y�p�y �J 4YV
<br />, . _-. • ��v�^+"/ ff�aT {IID nQ�t M�� �I �.� ��_ . _.
<br /> � � �ehsTato. sa Provided In pare9n�h 18.bY CuuBMg tho e0tion ot PtoCt78dtng to bo dt3mi3s3od wftn a�utang ma�,�a.endo:o�..�..
<br /> ��y�a�{pr. prac�dns ror�ot�ro ot the eorcowofa Intoanst In tho PropaAy or othor matertal�hg thof loan opplkutMndproe��
<br /> Soeurity IosUumemt or Lendors �ocuritp Interoat. 8orrowo* sha�� ntso be�n dotautt U Bortowor�
<br /> � • aavo mater►a�h tako or In¢eeumM hfom�tt�n orh���d t�not�umttodoto,�D�ontartb s aoccminp 80 0�o oeeupaney ot thn
<br /> _-- . - conrteccwn wur+ mo iu��a.:�.P.:.�3�;«� ..s�. wRn an tno provuAna oi t�re
<br /> proparty po a ptholpal ro3tdMCO• It thl� Socurt� lnabument Is on n ba�c+hold,8oaowor ahau comAb
<br /> teaso. It Botrvwor�iequlros foo titb to tho Rroperty, tha basohotd nnd tho too tftb ahnA nvt morgo unlesa tRe tAnda nD�ee�to th�
<br /> mcrgor W writhg. Fo�m ao�e aoo
<br /> .. P�p�7 ot 6
<br />' � F10?O.L�O(�/�)
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