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<br /> L�ndw m�y. at mY t��ooA�at�nd hotd Fund� In�n amouM not to�co�!th�nwdmum Wnax�t�bndn fa�I�da�r rMd�d morfq�p�
<br /> ' lan nn!►nqdn br 8arroww'�warow�000unt und�r th�NiM�I RMI E�B�tWn�d ProontirM Aat M 1Q74 u m�ndrd M�aat tM�W
<br /> Hro�� tQ U.9.0.Qeot �t Mq.('RESPA•l�ur���nouw Uw th�t�ppYN to th�Fund��Ns � 1�rnounl.H�o�L�nd�r a+�Y��t my tlm�.
<br /> ooba.nd had Fwia.b m .moum not a ao.�a uu t�s.0 .moun� LM,e.r m�►..uma.1h•unount a lund. aw a,uw b.�l. a
<br /> aunwrt d�L�nd nuotwbM�stlm�tw ot wp�ndWr«of AAun Esarow k�n►s a oth�twbi�in�000rdmo�wMh aPpMa�bl�law.
<br /> Th�FwHM�hd b�hdd b �n Mutllutlon whow d�posR�w Inwnd by�Md�r��p�noy. �WIY.a�tlh►(Noludnp I.�nd�� N
<br /> L�ndw h wch�n kutNuUon)or In �ny F�da�l Honw Lan B�nk. Unda s!W�pply tM funds to p�y th�Esaow It�. I.�nd�r m�y no/
<br /> olwp�Ba►aMw 1or hddln0�nd�pplyk�p th�Fund�� �nnu�N�Y�Y th� Maow �ocow�b a v�tyk�p fh�Etarow It��uniw� Lwidv
<br /> a.:.r:. WY���'�bt�t on th�Fund� �f�ppYcabM Mw pwn�ib��nder to m�n wah �ahvp�. How�+r�.I.�ndn mry nquk�8arow�r to
<br /> r c ,y-"f "d �N 011l1bIM Cf1YQY�Of N b1d�lMIl�M1�fM)MT�U Wl f�Q011MIQ N1YIC�YMd by LN1dif MI OOIN1�01�011 WI1h 4hli 10M1�IMdM��1�YO�bi�rM� �
<br /> 4� ptovldM othMwM�. UnNss �r1 �y1wn1M1t Is rt111d1 oI oppYO�bN Mw nqukM Nllwpt t0 b� p�td. LM1dN d1Y Irot b� nquk�d fo Pn►
<br /> , „fiK ° 8oiroww�ny ht�nst a wminps on th�Fund�.Bortowu�nd Undr m�y�p►«in wdtinp, howwK.th�t b1wNt shY b�p�d an th�Fund�. �
<br /> 1,..: ��t•. <. � L�ndu sh�M piv�to BortowK. wilhout nh�up�,m �nnu�l�eoountinp o1 th�Fund�, showNp andRs�nd d�hitt to th�Fund��nd th�purpoq
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<br /> ' ta whlah Moh d�bit to th�fueAs wa�m�ds. Ths Funeb u�pwdp�d as�dditlon���owtty fa aN wms aa�nd by thb S�awltY In�L
<br /> '.�_.:,,;, , ' If tF��Fund� h�ld by L�nde► exasd ih��mant� p�miq�d to b� hMd by appNa�bb Vw, Und�r �h�N �aoauM to BortowK tor 1M
<br /> "" �xass Funds in accord�c�wqh lh�hqukwnmtf�oi appYoabl�4w. tl th��mount oi thr� Funds hdd by L�ndw tl my IAm k not wfAoNnt
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<br /> p�Y th�Esarow H�ms wh�due. Unda m�y no no' Bortoww in writlnp.�nd.In wah as�Bortowa slu�p�y W L�ndw tM amouM
<br /> .,�.�.:•. . ..•.,�: n�apwrY to m� up th�d�y. [iomowr sh�M m�k� up tIM dMolmay In no mo►�tFMn tw�lv� monthN P�Y��• �t L�nd�r's wM
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<br />�S ' �,`. . : _:�•+�•�s:'. . Upon P�Ymsnt h (uY of �M sutnt s�cured by thb SeourNy In�ttum�nt, L�nder sh�Y P�P�Y n(und W Bortower any Fund� hatd by
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<br />� , '�:i,�'...:��,,,i'l�i.,,�r,�: Lmda. M,undr p�rpiaph 21. L�ndw sh�p�aqu(n or tW the PropeAy.L�nda. Pdw to ihe�oquisitlon a�aN o1 th�Propwty. �hY�pp�y .
<br /> - i',:'•�.':������•>7,;�,�,��i._:� �tly Fund�hMd by Undar�t th�Um�of aaqubNion or s��s�aradit apldntl tha wms s�cun�d by ihb S�arily Insbunt�nt.
<br /> �;�!',(��,;;?:,;:.'tr. Y �s 3. AqpllCatlOn Of Pay111Ytttf. Unte�a applcabN law provldes otbawise.dl p�yrnenta►aceh�ed by Land�r und�►puapraph� t and
<br /> �'" �, "".�•'�r� 2 shd bs�ppYsd: 1kst, to+My propayment oh�rpei due unda tha Notr, seoond,to�rnount� payabl�und�r Pu�praPh 2c thk�d to Int�r�s!
<br /> 'v � . � dw; lourth,to principal due:and k�at,to any lete ch�rpet due under tha Note.
<br /> y� �. `,. �.."'`_''-. • 4. Cha�p�s; L.I�ns. 8ortower shall p�y all tucQS.�sseismenta.chuyes.Hnes and YnposHione athibuttbk to ihs P►o�ty whloh m�y
<br /> 1': � � � , �tlaln prlairy ov�► this Security Matrument, and buehoW pwyments or qround renta. N any. Bortower ahW P+ry thes� obYp�tbns In th�
<br /> % .. ' ,. . m�nne► providM in p�ragnph 2, or N not pdd In th�t m�nne►, BorrowK eh�ll p�y ihem on Mr+�e dMrcGY to th� peraon owed paym�nL
<br /> � Borrowar ahd prompty fixnish to Lender �U noUaa ol amaunta to be paid undw this pvapraph. Ii Bomaw�r m�lcu thfw�WYreMnU
<br /> ' � �Yr�ctty, 8ortowar aMq promptly lumish to Lender noeipt�widenakig the payma►ts.
<br /> .. ; t� . Bor►oww�h�N PromPMi dlscharqe any Ii�n whbh h�s priodty ova►thls 3ewrity Inikum�nt wdess Bor►owK: (�)�prMS in wdthp to th�
<br /> • p�ymmt oi th�obllpNion e�cured by lha Nrn in a m�nner aoaptable ta Lende►: @) cont�sts in qood I�IIh ths N�n by, a d�fe�ds apdnst
<br /> - - ---� aniorc�rt�ent oi iha kwi In.1��i�roaae+iin�s whtctt in ihs tsnd�'�op�r+:apaate to prevsM!he enlarce+net+t ot thw p�n; o►(o)a�aw�s kom
<br /> � • ihe holda oi Ihe Oen on �pnement satislaotory to Lender subordindkig the Ilen to thls Seourily InsUum�nt. If Lendu detKmir�thtl�ny
<br /> ` � ,,,_;,�:��j� put ol the Property Is su6Jeet to a fien which.mwy�tlaln priorfty over ihia Securily Madument, l�nder may�hre Borroww ■notk�Id�ntayinp
<br /> '• �• ,.�;' �, Iha Ilen, 6oROwK ahal saUsly the Ilen or tak�one or mora of ihe acdons set tarlh abov� wilhin 10 daya oi the glving of ootlea.
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<br /> ` �� •• • ,�v:.:',•. S. Haza►d or Property Insuranao. 8orrqwa sholl keep tha ImprovemeMa now e�istinp or haeoRer encted on the Prop�rty
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<br /> •i �'„�;, ;,,.; Ineured ayainsl tose by iln, hazards hciluded wfthM the term 'exlended coverege' and any other huards, indudlnp Ibods a 1loodlnp, for
<br /> � , :j'�': � ;' „ which Lander raquire�inauranca. This inwnnee ahW be maint�lned in the amounta tind tor the peiiods ihat Lenda►requkes. The insuroncs
<br /> ��� � � curier provldM�p ihe k�sur�nca ah�ll be chosen by Borrower sub�ect to Lender's App�ov�l which ahap not be unre�sonably wqhheld. U
<br /> :�' Borrower faNa to mrintaM� coveraye desulbad obov4. Landar rray, at LQndx's opUon, abtaln covaraye to proteot londar's Nqhts in ttw
<br /> .'`� propaty in accordantx with paragraph 7.
<br /> �� Aq ineurance polides and renewats nhaR be acceptabte to Lender and shell Indude a standard mortgege clause. Lender ahaY have the
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<br /> , dpht to hold ifw poNc�ea and renewals. fl Lender r�qulrea, Bonower ah�ll promptiy ylve to Lender aA recelpts of pald premlums and►anewal
<br /> i i noUcea. In the evenl ol loaa. 8onower shall yNe prompt notfce to the insuronce cartier and Lender. Lendar may make prool of bss H nd .�•
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<br /> + : , , m�d�promppy by Borrower.
<br /> ' ' � Unless Lender and Borroww othenvise agree h writing, insurance proceeds shaM t�e epplled to raatoralbn or repak of the Properly
<br /> : y: dr�rwyecl, Ii the raetontion or i�p�ir is economic�Ny teusible a�d lender's security Is not tessenod. It tho roa2oratlon or repok Is not '`'
<br /> economicaNy leasibte a Lenders security would be lessened,ihe Insurance proceeds shell be oppAed to ihe sums aecured by ihla 3ewrity
<br /> � � Instniment. whether a not then due,wfth any excess pold to BoROwer. 11 Borrowtr obandons ihe Praperty, or doea not answer wRhln 30
<br /> ,� days� noUce hom lender thet the Inaurence carrier has oHered to setlle e ctaim.Ihen Lender may coNect ihe Insurance proceeds. Le�der � '
<br /> j m�y use the proceeds ta repair w restore the Prope�ty or to pay sums secured by this Securlty MsUument. whether or twt Ihen due.Tha
<br /> 30•day pe�iod w(II begin when the notice la given. ,� �
<br /> ' Unlesa lmder and Borrower othawise agree In writing, any appUcallon ol proceeds to p►i�cipal shall nat exlend or poatpone the due g
<br /> dete ol the month{y payments referred to In puagnphs 1 and 2 or change ihe emount of Ihe payments. If under paragraph 21 ihe Properly
<br /> . Is aequired by Lender.8ortower's rlghl to any insuronce policles and proceods resulling(rom damage to ihe Property prio►to the acqulsition �
<br /> , thqN poss to lender to the exlent of Ihe sums secwed by this Securiry Inatrument immedialely prlor to the ocquisilion.
<br /> 4 ,� 8. Occupancy, Presarvatio�, Maintan��co and Protoction of tha Proparly: Borrowor's Loan Applicatbn;
<br /> �;., Loasoholds. Bortower shall occupy, establlsh, and use the Property as Borrower's principal residence wMhln slxly doys after the executlon
<br /> � , ; 01 thls Securiry InsWment and shell contlnue to occupy the Property as Bortower's principel residence for al le�st one year after the date ol .
<br /> ; • � occupancy, unloas Lender otherwlse ogree3 In writing, whlch consent shall nat be unreaaotuibly withheld,or unless exlenuatfng elreumstances
<br /> � + � extst whkh are beyond Bonower's contral. Bonower shall nol destroy, demege or Impair the Property. aYow the Property to deterlorete, or
<br /> ' � eommlt w�ste on the Propeity. Bortoww shell be In detaull II eny forlelture actlon or praceeding, whether cNU a crlminal,Is bequn Ihot In
<br /> ` .� Lender's yood hfth judgment could result In IoAeiture ol Ihe PropeAy or othervvlse m�terlaWy Impak Ihe Ilen created by thls Security
<br /> ;� � � Mstrument or Lender's seaxfty Inte►est. Borrower m�y cure sueh a delsuN and relnstate. as provlded In parayraph 1B,by causlny the acllon
<br /> or procaeding to be dfsmissed wNh ■ ruling Ihat.In Lenderb good falth determinallon.precludes IoAeilure of the Bortower's Intereat In the
<br /> � € � Properly or othe► material Impal►ment of the Nen aeated by thls Security Instrument or Lender'e securfty Mlereat. Bonower ah�p also be In
<br /> :�• delauM N Bortower, durfng the Iwn appllc�Uon praes�. gave mste�fally lalse or inacuuate Infomwtbn or stetements to Lender (or tailad to
<br /> � � ' provlde Lender with a�y m�teA41 Inlormatlon)In eonnectlon with the loan evldencad by the Note,Mcluding,but not Ilmfted to,representatlons
<br /> + concemfng Bortower's ocapancy ol the Prope�ty�a a prinGpal resldence. 11 thls Securiry Instrument Is on a leasehotd. Bonower sh�N
<br /> f� comply wlth aA the provlelons ol Ihe te�se. II 6arower acqulres lee tille to the Property, the leasehold and the 1ee title ahall nol merge
<br /> � � � unless Lender�yrees to the merqer fn writfny.
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