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�. , . ,. , � • �.e .;J <br /> . <br /> . .. . {,. <br /> ,. +� - . ,� , - <br /> . •. <br /> i. .. _—,._. � - <br /> ho1�1 funda fn Kn dmuunl 001 to cxasad tho m�x►mum�mount e tandsv tar a tad�ra�y r�atcrl mnrt��a loa�i mqy reqt+lre Iar Ga��vor'u - <br /> x <br /> ��crow ecaount unc�er tha fad�rcl ti�l Eeteta oant�ment('tnvsclucr�Rrt ot Ip74 aa er'�r,iidad trom t(rin to Ump,tk U,B.t�, nfl01 ut a��. � . " - <br /> ('REcBPA'),unlead�noti�er{ew t��l e�pp'laa to tho Funde oete a taster�mn+���!. It eo, Londar may, wt ony tima, aoL"oat anfl hni�l HundH �,�� <br /> M en emount no1 ta a�coeod the loaasr amount. landar may cat�mata 1h�emoa�nt af (und9 ctuo on tho baolo 01 aurrr�nt di+tn an�l 1� , <br /> re�sonable eeticnatea o)expent�ture�oi tuturo��crow Itcm�or othsiwlae In aCRard�nce�wlth eApllcabte 1aw. �,. : <br /> - �-- Tf1e Funcl� ennH he hNd U��n Inatltullan whodo dapoalte ere Ina�inr.d by�t�darai aqancy, inotrurs�^.ntai:qr, ar enNty(tnr,hrrihi� la�d+tt, 1 _ __ <br />_ . -�.-� U I.auler la auah an tnatiiutfon)or In any Fed�rai H�;m�l.asn Dank. Lr,ntf3r nhYH t�,^,'.�r ths FwKla tQ pay thn �aarow ttama. Landvr �_ - :---`— <br /> � mn y not chu�e Ootrowur tor holdfnp and epplytnU tho r'unds,enr+uni�y onu;yeiuy t���v.:��.r,: acca'.mt, �r vrutiyL�� the [scro+v Ituma, <br /> � � � unleae Lendw peys Qonoww fntcr�t or�tha�un��c�r�d sp�:�F.:ce�i�::p:�r+'�i�G���'►te m}±kn auc h e c h�r g a. h l u w w o r, l e n d n r m o y l <br /> r e q u b o F 3 o r r o w e r to p�y a onattme chergo tor an Intlopondant�epl eatnto tax�cparilnfl oervlco uaad by londur In aonnaotittn with thtn <br /> loan,unioea�pplicabi�{aw provldos othawiao. UNo�o an naremm�nt Ia mnd�or ap�Ucabto lnw raqulre6 Intaroat fn Go{snitl, I.onder ehn l t <br /> � not tie�aqt�lrod ta pay Borrowar any Intcronl or a3min{��on tho Funct�.t3ono�var and Londar mny nfln��!n wrlt4n�, hmvovor, thei intc�roal <br /> � shz'!ba pald on tho Funde. 1.ender ahnll pNo to 8onawor,�vlihaul chnrfl3, an nnnual acoounttnn o1 thn Fundu, ahmvinp cr�rtUn enH <br /> dabtis tn tho Funda and tho purposa tor whlch osoh dobll to th�Fund�wua ma�e, Tha Funds aro p�ud�ed ae edcRiinnal amoarity Gu ell <br /> �" ouma 000urad by tht9&ocwdry tnstrumant. <br /> � �T� tl the Funds hPict by Lcnder axcocz�tno amounta pmu�ictvd.o ha hct�by»Fp!'cr"!°!_w, lend"' ah�ll enornml to FToRmvor tnr tho <br /> � axcase"runds tn acoorc{anco with the taquire�na�ta o1 epplicablo �n�v. If tho eunount ot the Fund� held by 4andiM at any tiine io not ( <br /> � I <br /> eufli�:ant to pAy tho Encro�v Itcm��vhsn duo, Landor nu►y ao noitfy BoiTOw�r In�vdtlnfl,and,In suoh caoa 8an4wqr at�nll pay tM Lonriar ( <br /> �. tho nrnount necoasary to mako up tho dolicle�cy. Oorrower ahaH mnicu up tho daiietency In no maro ihnn twotvv mnntl�ly p�ymnnti�. ot � <br /> � lender's eo10 di�crotlon. � <br /> Upon payment�n tull ot all aumfl �ocurod by thls Socudty Inatnimqnt, 4undar ehal!�rompty rotund to Borrmvo�an1' Fu�dt� hetc!u1� <br /> , , p.� Gand�r. It,under parupreph 21,l.ender ohotl acquiro nr sell tho Propsrty, Londor,r,�ior ta tha ncqulsition or snlu uf tho Frr�parq�. ohnil ; <br /> °:,;ti ::, ' � s�p�1 eny Funds held by Lond2r c�t the timo 01 sc�utstUon or snt�eo a cradit�palnat thv auma seFUrod by this Sucudl�.�inns�umant <br /> �.Applluatlon o4 Paya��a�°.e• Unlose oppllcablo IA�v pravldao othonvlso, all pnym�nts cecoNQd by lcnda undur (r�unlgraAha ; <br /> , 1 ant4 E sfiall b�spS�lled: fUot,t�a►ny�prepoymant ohurflaa dua under the Nota; sacond,ta smaunta payablo under ps�rtsgrey�h 2; thln! to <br /> ,' In4esasl cit�a;taurit�,C�ptinc!pal due;arid last,to t�ny Iflte a�nrpes dua�undor tfi�Noto. i ' �„ <br /> 4. �Q�a7'�]8p; 4�18r18. Qorrowo►shail pny fl11 tcucos,assaaam�nto, chiir�as,flaoa and imposlUons A11riDuYabiu to il�a Roperty . <br /> • ��: l n"�Ia'a znay t�4tafi prio�ipr over thls 9acudty Inatniment,c�nd Icnaohold paymonts ar flround �onte, II sny. 6�rr�war ahall Ftry theaa , <br /> �.`,,. : � e'b9l�ntiions In 4:�e mflnner providod In puraflroph 2,or 11 no!psld In that manne�,8ortowor ohail pa►y thom on iimo c�iroctiy to thv parflan ., ,��.., <br /> � �`� awed�tmen� 6�nower ahall promptry fuminh to I.andar All notico� 01 nmaunis to ba pxid under ihts pttragr�ph. li Bonvwer ma1<es ,;�:�� <br /> � .,i,�;.'••' tnase pAymma9s di:vrnb�, 6oirower ahall pro�ri'�ftiwn!ah to Lendgr roealpta avidoncing the paymeats. � <br /> � � � 8onower��nil pramptry disohnrpo�ny Ilc�w'hwh haa pdority ovcr tiil�Soaur!ql InstnimeM unfass,Borro�var. (o)t�grcus in wtltlnfl to <br /> tha paymanl of tho obllpaUon secuAad by tho Ilon In o ma�ner accapt�blo to Londer, (b) eentasts in flood falth tha Ilon by, or datonds ' <br /> apainat eMorcamont o1 tho Ilan in, It�yul proceadlnpa whloh In tho Londor'a apinlon opernto to provent tho entorcomanl ot Ihe Iion; or(oj i <br /> _ �����s�.,��o���n uun en aa�enment aetlstactory ta 4oncior eubordlneUnp tha lian to thls Sacu�iiy InatrumonL II Lend� ; <br /> d�tertnina�thAt any pan o1 tho Prop�►ty I�nubJoot ta a IIE�n whlah mQy nttaln pdodty ovor Ihis 8acudry InaVumont, 6cndc�r msy givo i - - <br /> Botrower e notica Idantltylnp tho Ilon. Dortowar ehall oAlloty tho Ilan or tako ono or more o}tho actlone sot torih abavo wRhln 10 daya ot <br /> the alvino 01 notlao. <br />-- - � - - - <br /> � � ti, Hts�rd or Prop�rty insprpnCe. BoROwvr ehall ko�p lNo Ir��provements naw oxtapnfl or hereaRa erected on the , , <br /> � Ptopaty Inaured s�c+lnat loss by tiro, hnxnrd�Includod wllhin tho lam� 'oxtundud covurafla'and n�y othor hnzurds, Inctudinfl flooda or <br /> I Aoad�np,tor which Londor raqulro�Inaumnco. Thl9 In�uranca ehell be malntelnad In tho amounta and tor tho pstlodp that Londer <br /> � roqulrea. Tho Inaurenco Gtrttar provldin4 tho Inourflnco ehnll be ohoson by Bortower subJect to Lendor'o approval whlch ahnll not bp <br /> i unretseonnbly wllhhold, If Borrower}alls to malntoln covempo deacdbod a6ovo,Landor mny,at Lender's nptlon, ob1N�� coverape to <br /> n <br /> protuot Londer'a dphta In tho Proporiy in accordance with pamgraph 7. '� <br /> All Inaur►znco pollclo�end ronowals ehnll bo acceptnh:o to Londor and shall includo a standsrd mortgupa claueo. Lend�r shnn have �, <br /> tho dflht to hold iho pollclos and renoweln. I1 Lendar requlr�s, Bortower uhuii prompty pNo to londor nll rocoipte o1►�uid premlumo end <br /> renewal noticos. In iho ovent o1 lose, BoROwer shall gNo prompt noUce to the Insurunco c�nicr and Londer. Londer may make proof , • <br /> 01 loss II nat mado prompty by Sorrowor. � <br /> UNosa Londer And Borrowor othoiwlso aflroo In w�tU�i�,Insuranco pr000ada�h�ll bn applled to reeloraUrn or re���r o1 thc, P►��+any �, <br /> damnpnd, it the restoratlan ar repalr Is aconomlcaly toa�lble nnd 4endar'e aocurity Is not lassenod. II tha restorallon or �apair Is nat : �. <br /> aconomlcc►Ily tenalblo or l.endor'e socurity wauld ba loa�cnad,tha Insutsnca procoods shall ba appllad to tha suma uecured by thls <br /> � 8ocudry Inatrument,�vhother or nat thon duo,with any oxcoas psid to Borrawer. N Bonower abnndone iho Proporty, or dooa not nnswer <br /> wlthln 30 dnys o notice hom l,�nndor that tho Ineuranaa carrlor has otforud to sorilo a clalm, thon Lendar may colleot tho Insuranca <br /> proceods. I.andar m�y uae thv procaod�to repair o�rostare the Properry or ta pny aums secured by ihls 8ecurity Inatrumont, whether � <br /> or not then duo. Tho 34day poriail wlll bogin whon iho notlae Is givon, ' <br /> U�loss Lander flnd HoROwer othonvlsa ngraa In wdting,any eppllcntion o1 procoeda to pdncipul ahall not oxlond or postpone tha <br /> duo dato of tho monihry paymenta rofortod to In pampmpho t and 2 or oh�nqa tho omount ot tho paymonta. If unda�par�flreph 21 thv <br /> Praueriy Is acquired hy Lender,Qarrower's�Iflht to any Inournnoo policlna and pr�coods reoutting trom d[►mago to ihe Prrporry ptior to <br /> th�acquloltlon ehal�pesa to londer to tho aMent of tho aums secured by lhis 8ocudty Inst�umont immodlutety prlor to ihn aaquloltlon• <br /> 6. Oaoupanay� Prosen►atlan, Malntonanao and ProtoMlon of the P�operty; Bo��ovv�r'e l.oafl <br /> Applleatlon; Lea89hOld9.Borrowor ehall occupy, oatabllah,and usa iho Property as �orrower'a pdnclpal realdenae withln eluty <br /> t3:,s alter!he e.+s�c�Uon ot thla Sacurtry Instrumum und ehall continuo to occupy the Propsrty as Borcowar'a princlpal rnstdence tor at <br /> Ide�t ono yoar aftor tho dute of occupancy, unloss Lendor othenvlso agreos In wdting,which consent shall not be unreasonabry withhofd, <br /> or unlasa extenuatlnp circumstanaos oxlst whlch aro boyond Bottower's control. Bortawor ehall not destroy. damapo or lrtipulr iho <br />- Proparty,ullow tho Proporry to dete�lorato, or commit woote on tha Property. B�ROwer shall be In delautt il any forloltura nctlon or <br />,. procaodinp,whethor civll or cdminal, Is bogun thot In 4endor's good}nith Judflment could result In torteftun�ot thv Proporty or othorwlno <br />, m�todally Impafr thv Ilon crentod by this 8ecurity Instnrmonl or Lander's secudly Intmost. Borrawer mny curo such a dafault and <br /> relnatc�te, as provitl2d In paraflraph iH,by cAUSing iho actlon or procaading to be dismissed wlth a ruling iho6 In LendOr's flood failh <br /> d�tertninntlon, pr,ecludos toAoltura o1 tho BoROwor'a intorvst In tho Property or othc�r mAtorinl impairmont of tha Ilon creatod by thto <br /> S��curriy Instn�mon! or Lender's aocurlty Intoreat. Borrowe.r eh�ttl nlso bo In dofAUll 11 F3orto�Ner, durinc�lho Iqpn npplicatlun �rpaooa, pova <br /> mr�te�!ty falsa or inaccumto Iniorniatlon ar statrments to Lendor(or lfliled to provide Landar wlih any mntorinl intotmation; In connoctlon <br /> `; wtth the lo�n c�vidanced by the Note, Inoludinc�, but nol IimRed to,raprosentailons conceming Borrawar's occupanay at iho Proporty as a <br />:� principnl rE�idence. i1 thls Sacurity InstrumFnl is on a IaAeohotd,Bortower sh�tl compiy wtlh all the provlolons ot tha leaso. tl <br /> , � <br />:�:� . � <br /> II i Paga 2 01 5 Form 3028 9I90 <br /> i <br />�• F102�J.LM(4/fl1) , ° <br /> 1. <br /> 1 I <br />:'1 i <br />`�_ ' <br />� ---.a . _.__. _. . _--------- - .. _ . <br />