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<br /> •� j�OQTit�l WIM y MM M�{+i'ai�NMi naw a MnMr ��Md an IM �ProP�br�d M�w ��� �' .S.-
<br /> • ' NMir.w �er hM�ir�pr!d Ib�pOplrly.A�ii�pho�wMt aw��aM Mi�Mo!N ooMUOd bl11MM.�a�►M�M�M. ..�.;,,;,�,
<br /> - --} :.. iH�f 1!N torpoi�M M,�rlM�rd b N Mi�Q�aw�ll IwM�11�M M�'PhOpMty.' � " � • . Y'
<br /> � *OMIaMIl�1 001I�NM1'f� MM�p1awM 1�N�/�►�11�d d IiN MIM���oMM�'�! ald hq th�dpht b�nnt�nd, •' :
<br /> oo�nwy.MM!�b�nd tl�M t!�PMop�r r�rwnou�b�nd� �a�pt b► ol raoad. Oo+r4uNMr w�IMIt.aNd • ,?:
<br /> . . w�d�Nnd tM�b tM l�roprb��l ddi�and�r�0�.��+t to�q►�nar��d�waid. '
<br /> T111B � 11r97111NY�NT o�rt�YMS u�MonN oovwwNs tar erWlori(il w� �nd poa�oew a�b wMb.� ^
<br /> IrMMa wiwlon.M►�.MdaW+n to ooe.0u1..u�on�aa.i�►Inwir�M aov«+iw t�l P��1�4a � ,.
<br /> � tlti�qf�l CpVE1�Ati18�' !le�aw�r�nd��ndrr oovw�K�nd qr��lo�ow C�� 8���p'�P�y P�N�
<br /> __ _ _-M1,�_-�,----�..-.-r.,.------�� 1.Paiy��vQ PrM�oipal�nd Inaew� P�M��
<br /> . aw u�.ar�o�.i a ana r�a�.a on a�.a�a .ra■�o.a e�►en.Noa .�a.�►�.p.�wa .na w. on.�. au.w�d�r a�o � .-
<br /> �.Funds �T�ocM�nd tnwr�.9ubMa so�pp�o�bb ww..�w.w�l.n w�ww ay L.nd�r, eonoww�h�1 a�+
<br />:u;,;�- to Lrndw oa 11�dq►maiMlk�a�dw��ndw thr NoM� unl! th� Nob M p�id b fu1���n('Fund�'y iar. (�1!�Y
<br /> fv(M�Id�iNi�lllrk� 11dl�d5lYlq �f�h �I�OINY dB�f iFiM S�OIr�MIiY1r11MN p��M1 Ofl 1�1�P�Mti% (�� �y�
<br /> _ _=r {I�yRIM�df�N��0l1t 1� �!0(��.M�lY; ���ly�����{WMIO��f�M1�IMpi ���My�004 Mlfl/YIO�
<br /> .. n�.*.m,r«n►:w��+a�.�.��..u.nr:.na m.n�►.wn.w�r.w.a�►eon�w.�a i..ns.r�n.000�d.�o.
<br /> --___.—. u,lp,eh.pn„Wo�.w p,,,,v,pt,6►t�e Wc ok a�.w�ymna a mats.a��a�nk�n*. Thae K.m .h oN.a 'E�o�ow
<br /> It�.• l�nd�►�1►. d�f Mw� coMc��wd.Aokl Fund�in �n��nt not to�xowd th� m�xYn�n �t�Mndr tor�
<br /> Ndnvy t�Ntrd rnaap�Io�A w�pt�p�r�1a►8art°�s «orow�000wN undn d1�f�dw�l RMI F.ri�U 8dtl�nNlt P�'awdiwrt
<br /> Aal ot 107+st Mwid�d Iio�NqN Lo Um�.12 U.8.C. ES01 M sq. l'RLSPA•�. �Ndu� �notil�Mw th�t��ipAM to tlN FtW1A�
<br />_-_:.:� s�q�M�swr�narM. 11 w�.Mr�dw nrY.�t y9►1�. aoNo!�ad haW Funde,N�n Mn�uM rwt to�ocowd tb+Nsar rnoaM.
<br /> - ;ir L��n�f►e�wrN tl�s �mou�R d Funds dw on tM bRSis of eu�eK dM��nd r�abMWt�1M ol�qindNt�aA lu4rs
<br /> -= Esaow Rwrw a dlwwia b�000rdma w�h �ppYo�bM Inr.
<br /> � „�� tha fttrt�t a!m!!se h�d In sn tns�tosl tYleose de�r� ere t�r.err!b!'e Ibdwd*s�qr.iatr�rn�►1�Yq�or w�t�dno -
<br />=-r � L�.N LwKIK M such�n i�flpAion)a b.m► F�d�l!4�t,o��k. Land�r a!W�pp�►r the F� b p�Mn,`Ei�xnw
<br />'-=•°,� It�ais. Lw�m�Y not ehrp�Bonow�Ia hot�ny�nd�ppry��'1M Fund�,+uxwWy�nMy�9 tM�w�ow�ocoa�A..w�;'�rl�q
<br />-- _ tM Esuaw It«m. unbss Lender p�ya Bortoww fntwtt on th� F�s �nd �PPMabi� Mw P�rt+�t ��tf�r Zo aqita,woh •
<br />_�� chrp�.How�v�►. L�ndw mry nquk�Nanow�r to ptY� anatMns ah�r0e.lar u►ind�p�nd�nt rMl�s1�o f�ut npe�jt���rvla
<br /> ' x.' -�n" � w�d by Lwidw b oo�rMCtlon wMh tl�is lan. w�Nss �ppMabls law PtoYlcl�s t�th�+��. Unbss�n �gralm�d ie � a
<br /> .q�c.a.i.w r.�ut.a rn«.a io a P.w,i.«�a.r sh.�not n.�.y�,r.d ro Na�v eorrower smr int�t a�fot�tM Fund�. ' .
<br /> , , +°�;� • �, •;� Bortow�r �nd L�ndr mry a�rye b wdtlnp� howww, ttKt bten�t shaN b�pald on the �unda. Un�Mr st�l pN� to�dAow�.
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<br /> ^^,t, ��' ' .. witho�d oA�rp, an�nnwl�dnp ol th�Funds. �howtnp�x�ils�nd d�hits to the Funda�nd ths pupo�� lor whkh woh
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<br /> �,..,��' •p�;,;N;�.,� ��:.��� d�bit to the Fund�wss m�. Th�Fwids w pMd�d as�d�tio�Ml s�auMy ta�N aums aecw�d by M�S�aulty ImOti�neni.
<br /> : • Y . •��rt�'.•�'.,.� B IM Funds Mid by LendK ao�! th��nwunu p«r►'dlhd to b�hetd by eppikable qw. Und�r sIW aaoant W 8drtowK
<br /> :;�• y�i� .r;2t� ����i F� „��u����ts of�ppNo�bN Mw.q ine amount of ihs Funds hdd by L�ndar u ory
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<br /> ' ° " ;:?�;•i`.:�." '! . tkw b not wl�cNnt to pay th�Esaow Ibna wh�n du��Under may so noHty BoROwer in writfn0. and� b wcA oas� 8oltawu
<br /> ' �'. ,� �C::' : sfW pay to I.M+dr tM nnount n�swY to nala oP 1h�dM�ncY. 8arowa aha0 make up th� d��q N no mor�tMn
<br />= .��':��,:. iisikc�f►gayrt�nb.s�lsndet'e eele dhea.�bn.
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<br /> ��'�i.;, '.r, .�•.-� Upon pqnMnt h NM o1�N wms s�and by this S�owiry Insbume�+1, Le�da ah�l proropnY nlund to Borroww anY
<br /> . 1}� ,,. .:. ' Fwbs h�ld by��. B. und�►p�n�¢aph 21. Lwidr shM acqutra or eell the F4opeAy.Land�r. Prbr to it,�acquisitlon a saN
<br /> ",�„�,�r �,. '' �. Funds hNd by Lwid�r�t ih� tim�of �don o►wle���arodlt�painst d�� sums�ound
<br /> � , ,. y, of th�Ropwty, ehM+�p�Y�Y
<br /> . n �:�..;� :: � '• by thlsg�urNy Inakummt =.
<br /> . •,;,,,. . ,,,.�:. .�. .. 3.Appticallon o! Pi�m�Mt. unless arpYcabte ww provides otherwise, all uoY�ts ►�odv�d by t.ender und�r
<br /> � ,,,�„�,; paapraphs 1�nd 2 shd be applied: Ibst,to rnY pnpayment ch�es du�unde►the Note: seaond.to�mants p�y�bN u�dr �,:__
<br /> ' ° ��r%,�e��`�����"" .= pra�raph 2;thkd,to interest du�:fourlh.to pdncip�l due: and aet,to�ny�ts aheupes due undar the Not�. _
<br /> ,;;r�-tiy{l+�'`�:'��'� 4.Chaf�t; UMS.Bortow�r shd pay d toas. �saaamente� oh�rges� Mes and impoaqbna �tblbut�ble to the -
<br /> �'+^- '��'� .�,�• �oP�Y --
<br /> i�h,�� � whkh m�y att�n pdo�ity ovw this Sewrity Inatrument, �nd leasehold payments or qround ronis. H u�y. Barower
<br /> , �''_',,, f t�a �� � ahd p�y tha�01�11ons in!he manner provid�d tn pwa�aph 2, or i(not pold In that mannw. Bortowa shaN Wy thMn on
<br /> � :��••:_�� f'� fumfsh to Lender eq noUca o1 amounts to be paW under �_
<br />- y • •,.�' �P?k UfrM dkscty to th�peroon owed p�yrtient Bortower sFwM promPUy
<br /> -� �°`.,'�t�z+ �,:':5��� � i � thb h. If BoROwer makes thes� t�dir Bormwe► shall rom tumish to L�nd�r naaipts evldondnp —
<br /> , �.'�, ,..1.;,:;.7�� P��P P�Yrnen �ctlY� P pW `
<br /> �;•`' � � � • iM PeYment�. �
<br /> , .i. t,•�.,;��k�,.-;;�:� Bortowx ah�Y prompty discharye any Ilen which has priorlty over ihle SecurNy Inetrument unlens Bomower. (a)�grees �...
<br />" .•�-r;..•;„��,;, .,, � in w►idny ta tfie payment of the a611paUon eacured by the Ilen in a mannar ecceptaWe to Lender. (b) contesb tn goad hNh the r:,r_
<br /> �:E{�• � '••= s whloh in the Lendera ent� to prevent
<br /> y: . . i� t,•�;, , Il�n by,a deienda apalnst enlorcanent oi lhe Uen in. lepol p►ocaediny �b^ aD -
<br />""' ,�t �� ':i;r '�";• ' th�vnlo�Celneni ol,the Nen:or (o)aewna from ths holder of th� Ilen�n�yreement eaUshctory to L�nd�r subordnatlnp th� r,
<br /> -- ° .;�� .','t'�1 ' lien to tMe 3eeuiAy Inshument. If Lende►dNerm�nes that any part of the Property Is sub�ect to a Yen which nwy tltain prfodly o-
<br /> ..f •r � � .�r?Si�; aver this S�aKity InsinimenL Lender may qive Borroww� noUce IdentUying the Ilan. 8orrowar shrY s�Uaty th� Mm a Wc�
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<br />�;;�it�;,, 1,.'.:.:.'-,a'},t`ti••.;,,;���. om or more oi the actlona set torth above wrihin 10 dnys ol the yhinp o1 noqae. ��-
<br />__�::�,�;',:;. �. . „ .�.,r, 5. Haxard o� Property Insuranco. Bortower ahaU keep the Improvements now wdatiny or herctlter e►e�d�d on ths
<br /> �;_.`'�' " � ��,,, —
<br />,�L,,��j;;,;� +, '�� q• �•;�.. � Prope�ly Inaurecd aqainst bss by&e, hazarda Included wRhin the temt 'extmded covereye' and any Mher haz�rds, Ndudinq
<br /> . , .,� .��.
<br />'�'l'y:��},::� ��;, . ,•�c;f�(y�' Ilaoda w Ilooding,lor whkh Lendx requir�s IneuranoQ. Thls inaurence �haG be mafntaNied tn tho amounts�nd for tho periods ��
<br />,��, ,�,�! '-u�{,,. �r,:�;�„ �:- th�t L�nder roqutree. The inaurance crrler providing tho inaurance shaY be chosen by Borrower aubJect to land�r'a approvN
<br />.�.".�.,< <, � ,�* wNch sh�ll not be unreaaonabry wilhhetd, ti Bonower falls to malntain coverage described abova, Lancf�r m�y. ot Landar's _
<br /> •.. ���„ _.,��.,. '.;: opibn,obidn cov�rage to proteat Lender'a rights in the PropeAy In eccordance wfth paragraph 7.
<br /> '� � '' �•r;;��. AN inau�nce poRdes and renewals eha11 be acceptabie to Lender and ahall Include a aundard moRq�ge clause.Lender �=
<br />!�e } �`' ,` ��'f sh�p htve the 11pht to hold ihe polides and renewals. It Lender requlres. Bonower sheN promptly give to Lende►aB reoelpta of �I
<br /> .!-�'• i+^�.�.L!ia ::t`f � ���s end rwnnw�l nnfir.ra In iho event nf IOR9. BOROW@I 6FIYII JIVQ �NOIflP! notlee to ihe fntunufco cartNr and L_-
<br /> �� �_--"`' "'� ' ' L�.Lend�►nwy maka proof oi loss M not made promplly by Borrower. =�-
<br /> , . � � � - ;t -
<br />-:� � �. , . ,. ' Unleae Lender and Bortower othenvise agree In wrlling, inaurance proceeds shall be applled to restaatlon or repafr ot
<br /> .i .; '"��;, the Property dertwged, H the reatoratbn or repair is economically teosible and lender's aecWity Is not lessened. It ihe ,�'.:
<br />:"4 ;;5;°� �� , � '�'.,1i��'v. �estotatlon or rapalr la not economically leaslble or 4ender's securiry would 6e kasened, the N►suranee prceeeds ahall be I• ;
<br />"'SV�`' `f ' �t�'.�J epplied ta the suma aecured by this Securhy insirumenl, whether ar not than due. with�ny exceas p�id l0 8orrow�. II t�' ;
<br />-'"f=�;:?::'' � ' " :� ; 6onpwu abondons the Property, or does not anawar wilhln 3� days a notice hom Lender that the inauronee eertkr has ���•
<br />�=:;;i�;y� ,i4;.�:•(;},�•,�4''. olkred to aeitle a claim. then Lender may calleet I�e Insumnce proeeeds. lende� may use the ptoceeds to repak or '•�.
<br />�� . , J�,��i?;�;t�";•` ,:� ralon the P►operty or to pay aums sacured by this SeaurUyr Insirurnent. wheth� ar not then due. ThQ 30�day perbd wiU 'C���.
<br /> �:;y,�,,•;: ��.. 4�� r��S.r.. .. S�'��
<br />«,,t•r�;4�' . 'ti��.�,. Wpk�when ihe noNce ia g'r�en. ton of proceeds to prindpal ehall �ot eMtend or `
<br /> •�,j.;. � l'.:.�.;: .. .�.;,., . UN�ss l�nder and 8omowr othe�wise agree tn writing, anY +WP�
<br /> ��.�4J2' �;; postpone fhe due date oi tha monthly paymenls reterrod to In paragnphe 1 end 2 or chanpe tM amount ol Ihe �
<br /> _1 t��ti��'�.-N �i..—M.�. N....��,-�,�� o� u.. a.��n.iR .mutrsd hy Lr�der. Bonowar's rioht to anY Inaurance poYcleo �nd proc�eds
<br /> ��t ��� rawNNp irom d�pe to th�PropMy pdar lo tha acquisldon sh�Y p�ss to Lond�to thQ�xtant of th�swns�y this S�uity �
<br /> xt ,
<br /> ' ,�,•, ..�;�;., tntdumsnt NnrnedMtely►xior ro the acqulsltlon. �f .
<br /> - � ' ''� 6. Occupancy. Prosorvatlon. Maintonanco and Protectlon of the Property; Borrow�r's Lasn ,
<br /> '.,.:,�_ -
<br /> ,.;,�,, ; • •. :" � Applicatlon: Loasoholds. Borrower ah�U occupy. estabAah, and use the Property aa BortowQr't pnc�ip�l �aidtnee i
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<br /> -- :. ;a���;,�. , wNhin s(xty d�ya�Rer the sxacuUon of thie 3ecurfty Inswment and shal eonUnue to xcupy the Propety as 8ortowers phcipal !
<br /> �a.._�� , nildence lor ai le�st onQ ye�r afler the d�te of ocwpancy. unless Lender otheiwlse syrees In w�fdng. wfw�h consa►t ihW not
<br /> _,�.��,.. ;,,�,�� a uora..awny wnnn�a, or unleas exlenueting d■cumstoncea exlat which are b�yad Borrower'a cantrol. Barowar shatl not
<br /> �,.. , d�ttroy, dnnsy�or Nnp�k Ihe Property. dtow the Proparty to deteriorate,or co+mrf waate on the PropeAy. �onower ehatl be I
<br /> i - in dahufl H�ny torfalture acllon or proceedlnp. wheU�er chril a crqnlnd, la bepun that fn lenderb qood Idth judgmenl could
<br /> � .: ..s-'r.;`��•,r result N forhRun of 1M Property or othenrlse rtwtenaty knpak tho Y�n crwted by IMs 3aouiily Imfrument or Landar'a eecwNy i,
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