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<br /> '=� � E . � . . �d.� . . .S ` . . . .
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<br /> • ���titiaS S�t bC��A��fl 1�IA'M11106C��OSIfS `tIW1[C��f}I 8 ����dCjt. + �I��Q�� . .
<br /> <• IE�111$Z.dIdQ.If�IS'S�1 ali pl�l11t10t1�Or lt!�►FOd!li���+OSII�llllc T.CII�S���1i�ZO Qi��k.'`
<br /> . �r Items:Lradrr may aot chargt�Omower for hol�ng a�+pptying We Fuads,armualiY amtyan,6 tbe es�mx,anrnodt,oF <
<br /> � � verifyittg t6c I�scro�v It�sns,tmlaas L�ender pa}�s.8orcowa•imerest oa d�Fands and a�pplicabie laar peii�its I.eader to make sofi
<br /> a cl�arge. However,i.mder maY rd4wre Borrowgr to p�p a mte-�me d�arSe fPr�n�d�e�t�eal esmte ta�c�eportin�savioe . .
<br /> . used by I�eude� in oounedion witb dus I�n. anless�r,able taw provides otherwise. Uniess an agieema���made oa..� .
<br /> - ' applipble law req�tites.inte[est tn be paid.l:endex s4aI1 rnctt be reqoi�d to pay Bom�wer a�iatetest or earnmgs vn,t6e Fnnds.
<br /> ` � Sorroarec asd i�da may ag�ee ua arripng,ha�vever,that interest shall b�Paid on the Fands.IxndCr shall giye w Bortovrar.
<br /> —.— _--- - • �id�g�a���:�f t!�1�tds.shos�ng�aud debits ta th�Funds and ttte purpose f�qrHich�
<br /> - debit to tBe Fnads was�de.The Fimds az+e pledg�d,as additio�l stcur�ry far alt suaas saaired ky this Seattity Tncttn�dt. . �
<br /> . If the Funds hdd by,La�der excoed the aa�o�nts permitted w be held hy applicabie tawt t.aidea sdall a000um w Botte�wer '
<br /> _ for the eaass F�inds in�coottianee with the teqnirements of appiax�bte law.If the amo�uu of the Funds f�td by I�ender a�airy
<br /> _=_-- time is aot sufficient w pay'tbe Escmw Irem�when due,i�maY so r�ifY Bormwer in wcidng,ard.in sucfi case Bomower
<br /> ,_ - shall pay�to Im6c.�r tfte amomfF t�ecessary i4 matc�.�p tt�e deficiency.Bcmower shall malce t�►tLe da�cie�cy in ao tAOre d�� `
<br /> - tw�tve man�Ig¢aymencs.at i.a�dei s sole disc't�etion.`�
<br />--- UPw�PaYm��n full uf ali sums secvrec�bY d�fis 5'bauiry Insuua�ent.Lender shall promptly rtfwsd to Borrower any
<br /> �9.
<br /> �F�mds hetd by_Iender.I�onder 21,l�ender shar!acquire or sell We Pmpetty.i.ender.prioF to tGe aoqnisitioe or sate.
<br />=_�;:, � of tLe P�nperty.s6a11 app[y any F hetd by l�endet at tt�e,time o�acquisition,or sale as a credit agaiast the sums seaured by r.,
<br /> ='` • d.���t. ` . .
<br /> � ~ 3.Appliation o�Htya�ents.Ilntess s�pplicable law provtdes aat�erwise.ail paymems received by[.ender und�r paragtaphs
<br /> �:- 1 aati 2 sliatl be lied:firsc.ro an� due uader!he Note:sPcord,w amoe�nts payable uader paragraph 2:
<br /> - aPP )P�Y���8� due under tk�Note. '
<br />:,s;' � �third,to i�due•foucth,ta principal dae:and last,to any late charges • ..
<br /> .. 4�Cl�es; �,ia�s..Horrawer shait pay a11 taxes.a�s�s.c�rSes,fin�smd impositiem attnbutable to 11►e Propecty : -
<br /> ._ ' •° which may attain priority ovei t6is Security Instnunent, ard leasehold paymeuEs or grwnd nmts,if any.�arrower shaii pay _ -
<br />-= ' th�se obli�tior�s in the mm�ner p�snvidod ia p�aph 2,or if�t pa�i�d in tdat maaaer:Borrower si�alf pay d�em an time di�ecltY ' � __-----
<br /> �. .to tt�petson owedpaymerrc.Borrower shaU PromptlY fumish to Leix(er ail naaas of amannts to be paid undef this P�S�P� __-
<br /> If Borrawer makes these paymedts diraxly,Borrower shaU praii�ptiy fumuh co I.ender reoeipts evidenc.ing the payments. _
<br /> Borrnwer sl�all promP�Y��8��Y lien wbich has pr►anty over this�avrity Tnstnunecu u n l e s s.B o m n w e i:(a)aSte�s in � _----
<br /> =� �' f writing w)he payment of the obligatian secured by the lien in a manner acceptable to Lenctcr;(b)contests in good faith'the lien y_.,�•
<br /> - `�,� ,��,-�:,;::.- ' b y.o r d e f e n d s a g a i n s t e n f o r c e m e n t o f t b e l i e a i n, l e g a l p r o c e c di n gs whi c h in dee [�ender's o p inion o p e r a te,to pmvent the -��_
<br /> pe at
<br /> -i` --=�--� -ertfora�+m,m of the{ien;or{c)secures fro�the twider of-the t�eaan agreemeat satisfacwry ta Lender sub�rdinaunS the lien to -- x
<br /> �� � •
<br /> _� ���-., °�` � � this Securiry Instrument. If 1.renderdete'm�itus that 9ny part af the Property is subjec[to a lien which may attain priority�ver . , `.'_
<br /> ��'�''•$?:j�"y�� this Security Instrument,l.ertder may give B orrower a notice i demi f ying t he lien.B c�rnow e r s h a l l s a t i s f y t h e l i e n o r t a k e o n e a r 'L�-_ '`';
<br /> �T�:..:,._... �ii'�.�..s~�. . .
<br /> . •�..,�-�s;_�_: �` more of the actians r,et fmth above within!0 days of the pving of aatice. _.
<br /> �• >" S. Aazard or Property Ir�urat�oe. Bocrower shall keep.the impravementc rtow.existing or hereafter crected on the , . .
<br />- .,`.,�,..-:.,,G`..,,�_ Property insure,i a�ainst tpss by fire.flazards included within the term "exteaded cotieragc" and any ather hazard�, inclaating , :^+ -.:,�-_
<br /> � '•�.,>�. � ' floads or Aooding.for y,vhich Lender requires insurance. This insurance shall be maintainea in the amountti aad for the periuds '���. ,. �-�
<br /> . •� ���`�:� .= � that Lender•requires. TTie insurance catrier providing ihe insurance shalf be chosen�by Borrower subjtxt to I.ender's appraww.�ll' � �:�.:�,',.:.,
<br />� ' �•�����. ✓•"'�' w r f 's ta maintain cove e desctibed abave. l.ender may.ai l.ertder s •�-
<br /> which shall not be unrraw�bly withheld. If Borra e ail rag :-�
<br /> - �_��=`� .; �ption,abtain coverage to prouct l.ender s rights in the Propeny in acmrdance wrth�raph 7. •���.''=
<br /> . t'•.. : -�•.:-:
<br /> � � All insurance p.�licies and renewalti tihall he acceptable to Lencter at�d shall include a standard martgage ctaa.e: t.ender . �.
<br /> __ - •`�.'" ' . - sfiall have the right ta hald tiee policies and renewal+.ii Lender require.F.Bnrrawer ahalt prompdy give to I.ender all rrceepts of , '` -
<br /> �..
<br /> ' �, paid premiums accd renew�l nouces.In the event of lens.Borrower shall give prnmpt notice to the in�urance carrier and�,erul��r. `�� ��
<br /> '. • • • Lender maX make praof of lenti if not made prumptly by Borrower. ' �.
<br /> - f�- " � Unless Ixrrcter and 8orrower othenvirc agrcc in n�iting. imurance pmcced.�+h�ll be a�plic�l to retitoration or rcpair�if thc : .
<br /> .- .. „ . - . . propeRy damaged,if the re�toration or n�p:,ir is economically feasible and Lender'�+erurity i,noc Ies+eneci.lf the re+toratii�n ar i _ ,: . -. ,
<br />= ,_. • � tepair is not ecan�mirally fea.,ible or Lendtr's.recuriry wauld be Ies.rcnod.the in�urance procceds.rhaU be applied to the sums � �
<br /> - � ' �- . • _ secured by thi.ti Seturity lnstrument, whe�her ur nnt then due, witl�any cxcesti p�aid to&+rrower. if Borrewet ahandon� the t • � �--
<br /> ~ ' Praperty,ar daes not answcr within 30 days�notice frum l.��nder that the intiurance carrier has offered to umte a claim, then . .•
<br />::,� � ,�: ` , , � Lender may caltect the in.�urance pruceeds. Lender may u�e thc pracee�lti to repuir ur re.rt�re ihe Propeny or to pay �um� �
<br />;_�,' ` " . secnrect by thi�Security]mtrument.whether or not then duc.Thc 3U-�y pen.od�r•ill begin K•hen the nntice���i�'en. � ' . .
<br /> - - � ' � - - Unics.ti l.ertder:mJ Bnrruwer nthenvire agn�e in writing.any appli�alian uf pracccds to prinripa! shall rtot cxtcrtd or _._ _
<br />� � ' � �' ��, ._ ._�:;` . pc�stpmc the due cl;ue uf the munthfy paymenty rcfcrrcei tu in p•rragraphti 1 anJ 3�ur changc the amuunt u1'thc paymcntti.,If �
<br /> _ : . under paragraph 21 thc Propc�rty i,acqu�r�til hy l.cnder.Burro�vcr'�nght to an}•imurancr Qulirieti and punecd�re�ul��ng f�rom . '' -;
<br /> • .. . damage to thc Property priot tu thc acqui�iip�n+haU�.s to Lcndcr t�.thc crtcnt u11h�.um..�wur.xi h} thi�Sccurity In.rtrumcnt . �� � �
<br /> • ' immediately prior to thc acqui�itiun. .
<br /> . .�;.
<br /> . . . 6.O�up�rtcy.Prtservation.lfaintenunce and I'micction nP the 1'ropetty:Rorrmrcr ti�.�wn Appltcation:I.eaSehutdc. • ,
<br /> �- �;� .:. . : ..._ � ..:. . .. 'g;
<br /> � • � &�nawer shall accupy.etitxt�li+h.a�xf u�c thc Pr��peny a�t3urru��er'�principal a�iJence«ithi»,ixty c1ay�afttr tfie exe«rticm uf _, .
<br /> � � � thiti Sc,�vaty lnstrument:u�d�hall cantinue ta�ncupy Itic Yrup�fl�• a+Burruwrr'�principal re•idence tot at tt�a.•�um ycmr rfter �._ . _.._ -.
<br /> � . .. .. __.. �.._ .'� ..:..3.
<br /> . .. . . the datc of�.ccupanry.untess l.ender rnhenvl�e agreeti in writing. �vhlch c��n�ent,hall nnt hr unreatiunahly�vithhelJ,or unle.r. E•� .
<br /> . ';�,�;:�.. . . eztcnuating circum.+t:uia� cxi,t which a�rc hcy�md I3��rrua�cr'ti ron�r�►I. t3urr�,ucr .hall n��t d�ti�r��y, damagc ��r impair thc f . .
<br />_ . Pmpe»y.•rUc>w the Pmp�-rty tu deteriurate. ur rommit uu�tc �m th�Pr�+�ny. t3�+rrn�cer .hall he�n defautt if any fi+rieiwr� i �
<br /> _- `�' '-=- ._� =�..:` uction or procccding. whcthcr�tivil ar crirniir.d. i+h��un that i�i I.��idcr'ti g�hxl faith juJgmcnt rnuld rewU in farfciturr af'Ate ..
<br /> `.� _ • Praperty or othcrtvi+c tnutcriully impair thc licn rr�:,tcd by thi�ktiurity In.trumcrn�+r LrnJrr'..rrurity intcrr�t. Rurr�+wcr m:�}• � -
<br /> _;; . . . . , �vre surh a dcfault and rein.rtate.a.ti pm�•id�Y!in paragraph 1it.hy ruu.iitg thr acnun„r prucccding tu hr di.mi,rc�i aith u ruling � ` . _ .
<br /> �. • � that, in l.ender'� g�Hx! faith dctcrniinutiun. prccluJ�ti fi��feiturr ui th� Hucrouer'� unerc.t in tlu Yroprr�} ar �+th.r �t�t�nal ` .
<br />, � . ' . • • imyairmcm of thc licn rr�at�til by thi� ti��urit�• {n,trument ur l�ndcr'� .c��urity imrn�t. &+rruw•cr.hall ahu hc in�kfault if �
<br /> ,. . $otrower.during the lu•rn upplicution pr�nc+..�avr ur.�teri;tUy fal,e i►r inaccur,nr mfurroatian nr�t:deiucnt.t„Lender��+r lai�rd
<br /> - _• . °, "'.. . -� • t��provic{c l..cmtcr with uny m;ilcriu!infumrntion►iu c�+nncc�ion tai�h thr tuan c�i�leurcd I�� tf�r���tr.includin�.b►�t nu� limit�wi ` .
<br /> . _- ` ----� . to.rcptc�cntatian�cunscrmn�43orru��•cr'.uerupanc� uP thc 1'r�,1xr1� ur a pnn�7�;t1 rr�id�tiicc. If thi.Srrurit�• hi.lrun�cnl i.un a � . .
<br /> ' , I�+ehold. F�+tr���vcr �hall cumply uith ull thc pruvi,iui„ nf Ui. lra�� l! I�ura���ar ttcyuircti fec ti�lr tn the I'rupert�. Qte '
<br /> ' .�-'':'"- � ' leasthold und thc fee tiUc�hall rtut mcr�c unlcw.l.�uQcr ugree�to tho uicrgcr m«riting. • �.'
<br /> ���'' i~.' �� . 7.f7otectlon ot l.cnder`9 Ri�ht�in the I'mperly.If t��rra«i�r iaiti to prr(orm the cuvcn;mt.and ugr��cment�.enntaistcJ in '� '
<br />-_=-� ` . " • ' thl.r 5ecurlty Instcument.or therc is u tcF�l pr�xccding 1�ia1 may�igiiificantly affcc� lAndcr'�right,in thc Pruperty I.rueh �y.� . ! .
<br /> --= ';:,.,. ;,.: - pmceeding in banlcrupt��y.prub:ite.fur condcmnation„r ti,rfriturc ur t��cnfi�rrc lu�•�ur r��:ulatiun�►. thcn Lender nwy d�,and ;.
<br /> � �' • `�. . �ay far whsitever is n���essary tu p�+tect the valuc��f the Pwpcny anJ tsndcr'.right+in the Pru�rty. lwnder's:utions may �--�-- --
<br /> `�� - `'� iaclude paying any sums sccurcd bX � licn which h�.ti pri�+rity u�-cr thi� Sccurity ln�trumcnt. apprarine.in court. paying �, .
<br /> -_�;.•r...: •r';';� 'ti':.;: rcauinablc sttamcys fces uad cntcriii���n U�r Prv�+cr�y t��makc n�ain. Atth„ugh I.cttdcr»i•ry tukr actiim unJcr tfii.p:�ragreph . � .
<br />=_ � '. °'��'- -'�:`::° :' 7,Len@cr d.x�nut huvc t«do M�. . - ' - -
<br /> : �� - ,�..__ .
<br /> _.*_-:� . Any :�mnuntx di�burseci by Lcndcr undcr �hi� }raragrapi� 7 .hal� brcumc sniditionaf debt �+f &�rr�»vcr'�ccurrJ` by thi+ ;
<br /> � ��'�:�:•:; 5ecurity Instmment. ilnless &►rrower aiul Lrndcr ugrce.tv�+ther�trr�n��+f paynknt..�hc.c amuunt�.h�ll he:u inur.wt from thc •
<br /> � ' ��="_� ' date at disbursemert ut the Nate rat�and shafl be payable. �citlt imcr�ht: u�+n'nnti�r frum I.cnJer ta B��rn�u•cr rcyuc�ting �
<br /> ; ,� - -c ::i''r_:�' .0�►Yment. , � � � .
<br /> f, . ' -•��°`=...- • 8.Mort�ge Insurat�ce.if LceKler rcyuinvl mongagc in.urancc ati a c��ndition of m:�cin�,thc Itrun.rc��urc71 h�•tlii�4ecurity , .
<br /> .�• �� s- :.: :
<br /> t. . Itr.,ttume�� �atrower�h�ll pay the prcmiumx rcquirc�l ti�u�i�u�in thr nnmgage insurancc�n.rffert. If, fi�r any nau+n, thc �' . ' •
<br /> ,t;. ,,.�,�,.`:—' - - mortgu�c ntsmanc�TC�vera�ce re�qt�ind by ixtnt�w i�r�:�.�r tYS�r.tfti h�ia e€fect.�rfxtcx�i�a��xy-shc�see�iax!tN ;=_�._--_—_
<br /> - obtain roverage wbstantialty eyuiv;ttrm t��Ihe mortg:�e inwratuc prc�inu�ly in cffiYL ut a c�nt�ut+�tsuttially cyuiv.dcnt to thc ,
<br /> h� . c�st to 8nrrnwet of the mart previ�wsl• in cfPecl. fn�m un:ilternate mon • •�inwrcr a rave+i b l.encter. if ; .
<br /> - � � gage insurance y , t�t-� PP Y .
<br /> �t ' �- . . • ,` � ',
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<br /> � � • a�,t�e a � fann 3QZS 9t90
<br /> . .-,, � • , ,
<br /> �. .,�i�:�. ' � � . . � � .
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