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<br />' hotd Funtt� ht en Anwunl�ot to oxcea9lho mmlmum emount e le�ic�w t�e a taderaYy�tecl mnttpt+$o toom m�y nzquiro lor 8or�owr�'o - - -_".�6.,._:_-°
<br /> o�crow�ecaunt under Ihe factetal Rcwi Eatata��tttcmcnt Nrocedure�Aai o�107�en emM�e.Wd(�o��tlma ta tima,t2 U,9.�. 2�-0t e� a�. �� *„ _
<br /> •� ��' �(•R�JPA'),�nteso anathrr Mw�hat n��pNaa lo the Functs eate e leaea pmount. tl oo, lc+u:cr►nay,ai any tlmo,coRcct nnd holA Funde • . � •• ' �.�.� ,.;,;:_-
<br /> � ln en e�noanl not to�xeaed the lesnc�amaunt. lcnder n�ap eatfmute the emounl 01 Nnda duo an th� bAfll3 ot cutte�t ct�ta end `_��;;s
<br /> .- �ea�s�able eelimate� ot e�mcltWWrea o1 tuturo�acro�v ttema a athenvlea tn eccordane�+with p�ic$bla l�w. : ' -
<br /> - T T 5'he F�Rd� eh�ll pe hdd In en fngtlt�et2on whnse dep�atlo n►o b�aurcd by a fedtl,-nf epency,I�etnimante��ry, or er�ttiyy¢ncNdk�p leader, '
<br /> . .. ,i !!�-°�w••!• •G�^!!�t Ft•Lau��+r►�tv k►any�F�tlard Hame l.��n 88tik, 4er�dar ohaN�ppt�y the Funda to p�►y Ihe �acrow It�ma. londc� C _ `_ f -- -• -�_,
<br /> � �I (fllSy Rpt Olfc�p� 8otrower to�hoid{ng and eppryMQ tho Funds,annualy m�ty,tlnp the e�a'c�v+ aocount, or vaifying tha Eocrow Itama, ` � ,. ,
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<br /> untene lenda paym Bo�rowar Intaras!an thn�unde end appHc�t�te{Aw�emale L�nder to awlce c+uch a charpm Hatvi�u� lES� r:�.y - ._ . -
<br /> , � rcqutra►�oROerer to pny a onettme aherpo tor an indepnndont real estete taw�aparilnp eavko uned by 4encfar In connallan with t�te [�� ` , '. .'
<br /> _�'` loan, unioys eppROnhle yw pravldas othawise. Unlosa�n edreement le mnda or�ppiMakle I�w�aqutres Intaraat to ba pald, Londer eh3N � , . ,
<br /> �� . no1 ba required ta pay 8atrasve.r ony Intcr�st ar eaminqa on Iho Funde. BoROwa and I,a�dor may aflran In writing, hawava, thet Inlcrost
<br /> °, eh�{1 bo patd on tho Funds. Lcnder aheH pNe to UoROwer,wUhaut oh�rge,on nnnua!AccounUng of tha Funds, ohawinp credlte and
<br /> ' dcblD3 ta tha Fuada end tho pumano tor which nsch dcbli to Iha Fund9 wao madfl. Tha Fund�nra p�adgcd ae sddUlanai secudty tor all .
<br /> 5um�SC:'�r;.'ci by ih!9 8Ct!!►�N Inatn�mc�nt. . .. . ..,..
<br /> �� H tha Funds hold by l.onder nxcoad tho amounta partnitted to bo hdd by upp�cable law, Landor ehaq uuaount to Romowar tor 9hm •
<br /> oxcose Funds ln eccordanco with tha raqulrementa oi c�ppucable law. If tho amount ot Iho F�+nda hetd br lendN et any time ls nn1 ��
<br /> ' .; sutBctont to pay tho Fecraw Itcma when duo, Lcndcr may eo notiy �orrower in wrlUng,and,in such r�se Ba��iti�:+'hall pay to Lnn�tcr • ��'.;\.�'�
<br />� tho aunount nece�sary to muko up tho doflolancy, Bartuwa ahall maka up th�►deticloncy in no moro than hvr�ve m�alhfy paymente, al i •
<br /> Ler►der'o soto diocrt+iton. � °. ,•
<br /> ,� Upon piiymcnt In tull 01 i�il suma oocvrad by ihis Socuriry Inatrumant,scnder ohall prompty rotund to dorrowar t�ny Fun�9 hal�i by j . � �. . • ,_�
<br /> � � •:+�;:;;�. lender. II, und�r parepraph 21, I.ender ohall acqulro or aall tho PropaKy,londer, Pdor to iha acqulsiUon or sato nt 4no R•�pi`fi, shall ,•
<br /> ' � - �.'`� appy any Funds huid by l,endcr et tho tlmo 01 acqulsltion or ealo as a crsxili a{;�Iast iAO auma aacuwd by thl9 6ecurtty Ina4n+menl. ` ;.;:�),,
<br /> •• � 3. A p p l l e a t l a n a f P a y m e n t e� U n l o s e n p p l l c t i b l 0 l a w p rovidas othotwlse,flH pt�rnente roceNttd hy Lendar under pflrnpmpt�a ` : ;;,
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<br /> �,.�� 1 and 2 ehaA ba appliad; flrst,to eny prepaymont aharQes du�undor the Noto; aocor+d,to Amotmle payablo under n�raQmpl�8;ti�hd ta i ' ' •
<br /> �";;�„ Interest duo;fau A h, to p r tnc t pa l du o; a n d l a e t,t o n n y t,9 t o o h a r p e a d u o u n d a r t h o N o t o. i
<br /> • •' �'� 4. Ch�rgee; lieflA. Bortowor t�n�tl{xry ail taxos,aenosamonte, ahorflos,Mes and Impositlona at3ri buts r:v to �To P ro p a ri y ;
<br /> whlch nwy attain prlodty ove►this Socudty Instrumont,and leasohotd paymonte or Qround rento, ft any. BoRO�cw sh3il ��ty thaso i
<br /> �AUQations In tho manner providod In parepmph 2,ar H not,vald In that mannor, Bo►rower ehall pay thom on time dfracty to tht+ porson
<br /> �� owed payment. Oonower ahall promptly tumleh to Lendor flll nolicos of amounts to t�pald undcr lhle paragraph. li Boirowor mukos ;
<br /> thoso p.wy+nents dlraclty, DoROwor ahall p�omptry tumish lo Londo►rocelpls ovldoncing thu paymenis. ; ;
<br /> porrpwer shsll promp4,y dlschsraa nny Ilen whlah hae pdodty over this Secudty Instn�ment unl��s Buno�va: (a)upreos In ti�eiunp to F . „ �
<br /> the psymenl o41he oblipqtion a�curod by t�e Ilen In m m�nnor acceptab:a to Lendor; (b) contosta In good lulth iho Il�n by, or dotonds i . , . �,
<br /> qgolnul on(orcemont a)tha�lion In, IQC�aI ptocaodinps whloh in lho I.end€r's opinlon o�a�.rflta ta prwenl the eaitorcemmt of Ihe Ilen; R►(oa . , ..._
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<br /> --- - - -- -• - � - �s�t:tr�s:t. !! lr;ss� '---- ; .
<br /> sucuro3 hom tho holder o11ha ilon an flpreemeM antiafactory to i.ender subordinuii�g iiam iiim io th{s oa�:urtiy -- —': ;
<br /> dotmminrs that any peh o1 tha Praperty la aubJecl to A Iien�vhich may flttaln pdodry o�+er lhis 9acu�ity InatNment, lender mny givo � � !-
<br /> � Banower a notlaa Idantitylnfl tho Ilon. Qartawcr shail sptisty tho Iien or tnke one or morv ol iho uctfons sol torth eDove wRhln 10 d��•s ot I
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<br /> — _ tn�Gmng o1 notice. . .... ..�
<br /> 6. Hazard o�Prog�orty Inourmnep. Bonovrer shnil keep tho improvements now oxistlnp o► hereaftcr orected on tha , �
<br /> Property Ineurcd aQulnat losa by iiro, hazerda included wlthln the tartn'oxtonded aovarago'a�d eny othcx hAmrds, tnCiudinp Iloods or
<br /> ilooding,tar whloh Londer�equ(ros Insurenco, This Insuranco aholl bo mpintolnnd In tlio amounla end for tho porlods thet I.endor
<br /> raquiros, Thu tosuranco caMer provlding tP�v Insuranco ahall bo ohosen by Bortowor subJoo! to 4e�dea�'s approval whioh shnil no1 bo
<br /> unreasonabty withheld. N Sonowor inlla ta mnintaln covemqo doscribed abovo,Lender mey, at Lendot'o optipn, oht�ln covernpe to
<br /> protent 4under's tlphts in tho P�oporty In accordanco�vith pprogreph 7.
<br />: M Insurenco pollcioa and roneuv�la shall bo Aceoptabl4 to 4onder and ehall Inctudo a standard mortgago clausa. Lender ahall hava �
<br /> ihe r1gh1 to hold tho poltclos and renowflte. I1 I.ondor roqulro9, sorrower shall promptty giva to Lender all rocalpts of pAid premiuma and
<br /> '�` rono�val naticus. In ihp ovent of ioas, Borrower shall qlvo prompt no�ce to iho In3uranco cenier and lender. lende�may mukv pmot
<br /> oi loss ii�ot madv promplly by BoROwe�.
<br /> Unlo�s 4endor and Boaower othorwiso eproo In writing,Insuranca procooda shall bo appllod to rastoretion or regair ot ihe Property .
<br /> damaped, 111ho rostoretlnn ar ropalr Is oconomicaly leasiblo and Lende��8 8QCUflfy 19 1101 1896C�8d. If Ihp restoratta� or �e,pao is ao1 ,
<br /> economlcaty toasible or Lendar's secudty woutd ba lasaened,the Insurenco procoeds ohc�q be�ppllod to tho suma socure�cl by Ihlo
<br /> Socudry InsL�mont,whethor or nof lhen duo,wtih any oxcosa pAld ta 8orrvwor. N 8arrower abandona the Proporly, ar does nol an�wer
<br /> wilhln 30 dAyt� a notico irom Lender thnl tho Inauranco certier has otle�eti to setlle a clalm, then 4endar may colleat the insurpnce
<br /> Y .
<br /> pror,00ds. 4endor may uso ihe procooda to repal�or rastore thu PropeAy or to pt+y aums securod by this 9acu�ity Insln�menL whothor
<br /> or not then duo, Tho 3Q�t4�y pedod wlll begln when tho notice Is flNor+, •
<br /> Unloas I.ender and 8or►ower othenviso agrao In wrilinfl,any applicallon al proceeda to pdnclpal shall not erdend or post�ono the
<br /> due dato ot the monthty paymonta referred to in parAgraphs 1 and 2 or change tho smount ot lhe �ymenis, I1 under paraflmph 21 the
<br /> Property ia aoqulred by Lender, SaROwar's dght to c►ny lnourenca policlas and procoada �osulting ham domago to the Property pdo� to
<br /> ihv ac�uisitlon shall pt►ss io 4ender to tho oxtent o1 ihe suma securod by this BocuMry Instrumenl immadlaloly prior to tho acqulsHlon.
<br /> � 6, Or�ca�pa�acy�� F'�•oaorvatlon, Malntowao�ce and Proteatlon ofr 9ho Property; �aa�mwer's Loa�
<br />' _ Qp,�7a���On; L68J��h�+l�9.8o�rower ehall occupy, astablloh,and use the Property�s Bonower's prindpn! reslQenca wlihin sixty
<br /> days t+fler the vxecutlon af thls Sacurlty Inatrument end sliall continue to occupy iho Properry a9 norrower's principe+t rnyltjCnca iv� ai
<br /> � least une yoac atter the date o1 occupa�cy.unless Londer otherwise�c�r�es In writing,whloh consenl shall not bo unreasonabty wilh'held.
<br /> ( or unleae oxlanuatinp elrcumotAnaos oxi�t whlch Are beyond 8ortuwer's control. �oROwar ohnll not dostroy, damago or Impak tho
<br /> Property, aqow the, Proparcy to dete�loreta, or commit waste on ihe Properiy, Bartower shall bo In de}ault II any farleftura actlon or
<br /> procooding,whother civfl or cdminal, Is bo4un that In l.ender's c�ood}eNh Judc�ment could rosult In forfefturo 01 tho P�aperty or othernise
<br /> mate�lfllty Impalr the Ilon created by thla Secutity Instrument or Londer's security Intarest. Borrower muy turo such a dofaull and
<br /> roinstato, as providod in pumgraph 18, by causlnp the actlon or procaedinti to bo disml�sod with o ruling that, In Lendor a pood faith
<br /> dotcrminptinn, prectudos foticituro oi iho Borcower's interost In iho Property or othar moterinl ImpAlrtnent o1 iho Ilon ae�ted hy thls
<br /> � Sacurlry Inotrumunt or lendor's security inierost. Borrawor ahell Also be In dotuult 11 Bonower, durinp tho loan npplication proceaa, gnvo
<br /> materinlly falso or Inaccuratv Intartnutlon or slatements to Lender(ar tailad to provldo l.ender with uny mate�inl Infortnatlon� In connoction
<br /> with tha tonn midonCnd by the tVoto,Includinfl,but not Ilmitod to, representetions conceminp 8orrower'e occupancy o1 iho PfOpEt1)I A9 a
<br /> � prncipsl rosldanco. 11 ihle 8ncurlty Instrument Is on a leasuhold, Borrower ehall compry with nli tho provlslons o1 tho leasv. I1
<br />• p�9a 2 0�� Form 3020 9P.0
<br /> F1022LM(dFJ1)
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