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<br /> • � BoROwer's esotaw account undsr the tederd!Rcal Eatnto 8..^tticmrnt Proosdurcrs Act of 1974 as umendcd hom Ume to Ume,12 U.8.0. a
<br /> _ ..«.
<br /> Z601 et eop.(°AE3PA'),unlese enolher taw thet agpUso to tho Fund�acia n lesaci arnount li so, Lendcs msy.�t nr►y timo,coUoct and �
<br /> - -
<br /> F-.
<br /> ' h hoi�Funds in an amnunt no2 to axcead tho te�ner amaun�. lender may usUmsto t�e emouM of iunds due oB tiiv irsats af cv�r-�d da.ia
<br /> ; ond raanonMlo eatttmates of mcpendrtures of tuturo Euer�w ttema or othEnvlso In cuardance with ag��!}an�l�I�w. _
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<br /> � Tho Funds ahall ba hcld In on InsQtuUon wh000 dcposite uro Insured by a fQ�eret agency. Instrumentaliry, or antity (tncluding �
<br /> u'�� I.ander, tt Lender!e auch en Instltu8on) or in any Federal Heme Laan Benk. 4ender shatl�ppry the furtds to pay the Eacrov� Items. �
<br /> Lendcr may not ohar{�o Borro��cr tor holding and eppy[ng tho Funda,annueliy enelyttng the escrow eexount,ar vedtylrtg the Eacrow
<br /> r� E�:.
<br /> "..�,� ftems,urttess Lender psya BoROwet tntesost on tho Punds end�E+u�'�+a 1:'ti�P'�''�'� ��dcr to malco sucfi n ch^r�o. Hewever, Lender ,
<br /> may Bguire Borrower to pay a ono-time oharga tor en Independent real estate tax repoRinB sstv�ce used by Lender in cpnneaHon xrith � `
<br /> �����.��y th►s toan,unless appilcabte Iaw provtdas othenr4se. Untase an egreement!s rc,ade or applicabte Iaw requlres tnterest to be peld, Lender
<br />,'�� ahall no!be requtred to pey Bortower eny IMereut or eam�nge an tho Fun�a Borrower end Lender may¢gree in wdting,howover,that
<br /> In4c�xest shall be patd on the Funda. Lander shail gtve to 8orrawet. wlthout chergo, an anmcat accoun�ng ot tho Funda, shawing
<br />--�""",' eredite end deAtta to the Funds end the purpose tar whiab each deDit to the Funds r�as made. The Funds ere pledged as edd�tlonai
<br /> , �,� securiry tor all sums secured by thls 3ecurfty Instnement �
<br /> ii the Funda held by Lender exeeed the arrtaunta permtttad to be hdd E►y aRp9cable law. Lender shat acoount to Borrower far tha
<br /> ° excess Funda tn aecordanee wtth the requtrements o4 appUcab�e taw. It the emouM of the Funds hel�i by lendet at enyl tl�ne Is rtot `-
<br /> suftident to puy the Escrow Items when due.Lender may so noUty Bomwer in w�tlng.cin4 tn such case Bomo�ver shaU pay to Le��der
<br /> the emount neeessary to maice up the deftctency. Bamower sha11 maka up tho de9clen�y In na more than tweNe monthry paymenta, at
<br /> `'�" '^-"� Lender's sale diuixetton.
<br />-R---` -�". ' Upon payment fn fuU of a0 aums seatred by this 8aeu�(ty Instrument,Lender sha0 Promptly retund to Borrower eny Funds held by
<br /> ��� ' Letid� M, under paragreph 21,Lender shaU ecquke or sell the Properiy,!.endet,pdor to the acqulslUon or aa►a af tlse Nrop..^�ty,shali �
<br /> =��••'`�'� eppy any Funds held by l.ender at the Ume ot acquisfNon or safe es a cred�4 egalnst the su►ns secured by th(s Securlty Insltument�
<br /> .:;�;.,
<br /> ;� 3. A�lpllcStiOn �PBytitBtltt9. Uniess apP�le taw provides o4heiwtse�a11 PaYmm�s roceNaal by L�der under paragrepha
<br />- 1 end 2 ahsll be appAed:fltst,to am►prepaYrtrent charges due under the Note; second,to emounts payebie under paragraph 2;thtrd
<br /> -?��;s� - to Ntarest due;fourth,to prindpat due;and la�t,to eny late chazges due unde�the Note.
<br /> •'�" 4. ChergsS; U9O8. Borrowet sheU pay alt te�ces. esseasments, charges, 8nes and impositlona rthibuteble to the Rroperiy
<br /> =�;,,:��_-- whlch may attefn prtortty ovrx th[s Secur[ty Instrument, and leasehol�8 payments or ground rente, tt any. Bortower ahall pay these
<br /> ���;,;;j� obQgattens tn the manner provided tn paragrePb 2.er N not paEd in tha4 menner. Borrower shali pay them on tlme dtrectly to the person
<br />_�-�;.�� oyred payment Bomow�shali promptfy tum�sh to Lender a11 naUcas of amounts to ba patd'under thia paragraph. It BoROwer matces
<br /> ___...__� thasa pay�s dlrectl!►. BoROwor shati prorr�ptry 4umtsh to Lender receipts evidendnp the paym�ts.
<br /> ��,:;.�,� Bonower shaU promptly►dlscherge any Ilen whtoh has prtorHy over thla Secudty•InsUumar�t unless Bortower.(a)agrees tn wdtlng to
<br /> --:--.�� the pa�mtant ot tho obOg�lon seeured by tAe lten m e manner aeceyiaoie io Len�. (�ij ur�� �t 6�t!a!!�!!te!lest�.�r!�!�! ,
<br /> "" � agAYist enforcemer�t ot the Q�In,tegal prorxedfngs whiah(n the Lender's opinlon operate to prevent the entorcemerd o!tha iten;or(o)
<br /> _--= secures fcom the hotd�ot tha I:en an agreement satlstactory to 4ender subordNttting the ilen to this 3ecutiry inatrument. tt Lender .
<br /> = detertnines that eny part ot tAa Property is aubjeot to a Iten whtch may edtatn pttodty orer this Security Instrumet►t, Lender may�tve
<br /> �;� Borrower a notice IdenUtytng the Iten. Bor►'ower shall sattsfy the It�or take one or rnore of ihe actlons set torth aboves wfthtn 10 daya
<br /> ;-`�'� of the gMn�oi rtoUoe.
<br /> _--- — 6. Ha�rd or Property InsurBeee. Borrower sheti keep the UnProvemerrte nov� exl�tlrtg or hereatce� ereated on tne
<br /> - --_--- prope�ty fnsured agatn�t foss by ftre,hemrds Induded wlthin the term 'extended cov�age• and an�other hex�uds,tnctuding fiooda or
<br /> Roodirtg,tor whteh Lerider require9 Insuranee. This insurence ahall be maU�tetnad tn Ne amourrte and for tho per�ode that Lander
<br /> nequires. The Insurance carder prov�ding the insurnnae shail be chosen by Bortower eubJect to Lender's approval whtch shail not ba
<br /> unroaaonably withheid. It Borrower falis 4o malnteln covere�o descNbed above, Lender may, at Lenders opUon,obteln coveragd to
<br /> � Vrotect Lendsr'e dgMs in the Property in accordence wfth Para9rePh 7.
<br /> Ap InsurerlC9 poBctES 8t1d fenewtil8 eheli be aeReptabte t0l.efldlr Md ehnli InCiude a sUu►C�d iit0�iydg3 Ciatca8. L�der alss9 R=+�e .
<br /> -- - the rfpht to hoid the poltdea end renewels. N Len�er requires, Borrower ehall prosnptlY Bh►e to Lender aN reeetpta o1 peid prem�ma �, .
<br /> and renawal nottaes. In the event ot loss,Borrowkr ahe11 ghre prompt notice to the tnsumnce enrtier artd Lender.Lender may make
<br /> � proof ot loss tt noi made prumpUy by Bwtower.
<br /> -= UNesa tender ertd Borrower othe�wtso agreo m.wtitlng�lnsurance proceeds ehatl be appietl to 4estoretlon or repair ot the ProPeriy
<br /> dameged, It the roatoratlon or repair ts economtcnly imslbie and Lenda's securily ts not tessehed. U the ros?a�atlon or repaU Ia noi
<br /> economicaNy teesSbte or Lertders securtty wautd De•te�sened, the lnsuranae praceeds shall be eppited to tfie aums sea►red Dy thfa
<br /> Seourity Inatrument,whether or rtot then due. with anY exeess Pa►d to 8omower. If Borrowe► ebandons tho P►'oPerh►.or does not �
<br /> _� �nswer wnhN so days a noNce irorn Lender thet the Insurance car�ier has aftered to settlo a dalm, thon Lender may coUeet the
<br />°--.:—'�� tnsuran�e prooeeds. L�ertda may use the proaeeda to �epafr or reatore the Prope�ty or to pay sums secured by thts BecuPtty
<br /> tnstncment,whether or aot then due.'fhe 30�day period wN begin when'the notico Is�gNen. '
<br /> ------- Unless lertder end Horrower othetwtse agree te writing�nnY�PPUcadon a!proaeeds to pr(ncipel shail not extend or postpana thn
<br /> — _ -- due date of the moMh[y paymer�ts reterted to M P�+9�Ah$1 and 2 or ahange the amoum of the pnyme�s. if under pnrsgraph 2t
<br /> w�:=�,�i She i'tonr,rql ts acquired by Lender,8orrowers rigM to eny tnsurance Rollcles end proceeds resutt(ng from damege to the Frop�ty pdor
<br /> ---_:•���;�;,,;;�y to the.acqulsNlon shall pasa to i.ender to the e�dait ot the sums secured bY this Security InsUUment Im►�ediat�yt pitor ta tho
<br />---=_:-.��� acqulsfUon.
<br /> 0
<br /> - ="'.� 6. OccuR�nory. Pres��v�#tun� Rllafntenanco. nnd Prafis�a�e ef the P�operly; �orra�wer's L�an
<br /> --��.�`j�t d� /5pP11�elion; LeasehOlds. eorrov,rer shall oawFY. �'stebIlsh�end use 8?sa Rraparry sa Bomaweta pr4rtdpal reaMa►oe wtthi► sl�dy •
<br /> rtz:�=;�w'�'°�7 days tifter the executton ot this 8eattthr InstrumeM end shap corrtinue to oocupy the Propeiry a�BarroweYs prtnaip3t reaidcsnco tor at
<br />- ..-�;.;k...;
<br /> -�'"�+y.�.f-?,"_� tesat one year etter tho date of ocaupanoy. untess Lender othe�wise agroaa in wdtlng, whtch conaent sheU not be unrnaso .
<br /> .�:..: ..,.-
<br /> `-�T''�� wN.hhold.or untea9 e�Renuattng cGaimstanees extst whtch are beyond Borror�ePs cor�troi. Barower ahall not destroy,demnfle or
<br /> -:��r- -- .u�...�e,...�.e�tn d�arFn�ate.ar cemmti waste on the Prope�ty. Bortower ahe0 be tn dofautt H erry toAet[ure adton or
<br /> �_���:., - .��._..,,,o..,.�.._._.._�_„ -. or mrteewise
<br /> -`��"'.••-. proxeQtnB�
<br /> _z a, .�. + whefher clvU or Mminai,is begun that In L�r►der's good tatlh judgmertt could resua tn fodetWre of e
<br />- �����':$• r the Ilen c�ated bY thts Sucurity Insdument or Leeder's secu�ity tnterost Bortower may oure euch a default and
<br /> ��g'�~'� �� � h 18,by aaustng the eatlon or procoedtng to be dismissed wtth a ruUng that.In Lenda'a good tatih
<br />-:,:�..,•�.-.:.,�,r:�..:.:� reinstato, as provtded in psre9raP
<br />,."' �3 : .:,.�.�•
<br /> detc�rminatlon, predudes tortefture of the 8omowa's Gderest In the ProperlY a oiher matedai ImPatm�er►t o�the Uen crsated by th o
<br /> '•;, geeu�itg InstrumeM or Lender's securtty fMeiest. Bo�rewer shall atso bo in detauit N Borrower, dudng the toan eppl;aatlon pro�sa,
<br /> - •' ' gnve matertalry isise or tnnecsuate Intom�atton ar atatements to Lender (or taIlad to provtde Lender with erry mM�t infam�ntlon)tn
<br /> _ . _ connecUon wfth Ne taan evidenced by the N�e,Inctuding�but not IImt�'ed to.rePresemaLOne conceming 8omotver'e ecoupaaay ot the
<br /> . ° �" p�p�y�Q p�in�at tes�dence. If thla Sa�ur{�► tnatrument is on a teaaehdd, 8omower aha[I�mp1y�elth aD the pnvfs[ona at the
<br />� teose. H eorrew�ecx{uUes fae 1t�e to the ProperiY,the leasahold end the tee tt4to ehail noi merge untesa the lender sgeees to tho
<br /> -Y..�S.,�`_��..
<br /> . ..�. merger In wdUng. wrm ao2a eBo
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<br /> ' Ft02.9.tMa(31AS) Pogo Z ot s
<br /> . � 6990003
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