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<br /> , ��?�ir;�,?�r, . nof la �rc�cl !he m�uirrx►!n �ur►ouet A Nnd� lor R hrdatl�y roht�d nx�rtq� b�n rnKy r�uin hx �oww'a aaaw wo�ounl w+drr M►r
<br /> _.� f..:_:.�3 I;:�:�t C::: :�C�':':.;:°:�t�';��:��'..:::a l:^i C!t":9 ra r::�-���39 tsorn t;�n�s eo �,r�� 1?.115.f:..".v0i e1 Ceq.("F1��A"?,u+?taes�'s:st!�ar taw --
<br />�, 1 1�::.1 C_:;'.�..] F") t�;'l���::'�l Ci::3 (1 �:....,-7 f:�::..:::7. O Cf.9.I!,i:�:3 f�::'y'� C.i Cpj� L�.�:�� CO:�::�1 fRfi hf,�:1 {�t:;:L�� Li c:� C.`�:m[:9t fl:.?fh F"•:�'j lt:�V �=r---:
<br /> �.:::;:7 C:.:;:'1'.°,. �!.l:�:l 6:::;J C�w�i:�) (i:� (:G�:ful G}C�!:iC3 C;::� Cl (it7 �:::;!J G�C!!fii::it(•..,1 C�f� f��"_fi::.`�J C::��.::..•::� i:�C:�::..:;.�'� i) Li
<br />_-=��_;_.�}y:-':'.�;,;^ tuture Esrrow Rxne or otho�wk�In accordancs wRb oppi�c:�fr 4�w. _ -
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<br /> °_:;-",�;�.��•-;^�.°�f Tho�und� �Ai�l W MW M �tn Inttkutb�i whas#�PosRf cr�insun+a by�Md�rol ay�nuy,IncGUrr,�ntrWy�ar Hi 1 Xy(I n c i�^c li�y L�ri d i a.M �
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<br /> — I.�ndK N such �� Nttkutlon)a in�u►y F�d�rt!Nort�Lan B�nk. LmdK�h�9 eppfy th�6undt to pNy th�Eacraw ItFr�. L�nda cn+iy nai
<br /> `_:=���� chtr�Borrowar for ho0dk�p er+d appyiiq th�Fund�,snnu�a� an�y�(np th�uscrow �ccounb or wrifylnp the[acrow M�rta, unMw L.�r►dw —_
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<br /> -_;:ru��;,_—_-.�..� �1i7�8 6fii7dWw {�iiwwi Cil�ii��lii{4i bi3{(�L�j�jJ�.«.:i)�i.:•.'I�,�.:u°:�I.tnd�r to m`.!`."f Cl'Gh tl ftR�l�!!. H6WM/&!'��Ml(�81 fYi�Y fAQU{fA OlYOW�f � ° -'
<br /> -------�� WY� on�tkr�a Charp�fOr an hdspind�nl nal�ttab tax nlportlnQ IM�fio�utad by LtnAM M COnMOflon wkh fhl� l0on�urtt�tf MppNoibM Mw
<br />-•-air�y�°fi^,�a�l�°�� pro�ld� olhwwlN. Unins �n a9nen'Nnt w mad� w 1ppNcabM !�w roqnk�+1 hten�t !o b� p�ld, Undw �hr.N nol b� nqulnd to WY
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<br /> -°.°'. �s.•t BocrowK ainy kriKSSt a�mhQs on th�Fund�.BorrowK�nd l�ndK may c�pn�b wrRfnQ,t�ow�wr�lh�l ht�mi shtN bo paid un tM Func}a. --
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<br />-_;#;,�n{4;�-.�a�,�;�, Lander fhap phr�to BoROw�r,wNhout nhups,�n�rnual occounting of lh�Funds,ehawMip crodke Md dsbilf lo tM Funds�nd th�purpow
<br />--'��'-��"•_'���; S '' fa whfch aach dobM to th�Funds was mads. 7he Funda�re pfadq9d aa aQdNfon�l e�curity tar aN�um�sscund by thh 6�cu�ity tntWmMYt. _ _
<br />-•_""���`�-:-����.r lieabw �w, L�ndK ahdl teeouM to Rorrow�r lar tM �
<br /> :.::a.:-ra"es�;^.�:,a�; 10 Ii� FunG3 hc�d by Lr�r►dar r.:c:cd tha cmnunis p�mRted to be he4d by �pp ._--_
<br /> ;;-'�i:�h�y..ti�l��+!;�_ �os�Fund�t in�ccordanc�wkh th�r�quirenwrsls of�ppMCwbb kw. If the�mount Of th�Funds h�fd by l.�ndM'�t�ny tim�M no!�u(ffnMn! _
<br /> �Y ''``E'�+r`•�'J:•'•.':, ta pky the Escrow Ilwns whon clue, Lendor mty $o notly 9otrowv {n wrkhp, �nd, h auch ota��ortowsr oh�N pay to I.mdK ttN�mcwnt
<br /> ~'f�.���� �• '��°� necessuy to mak�up the dMicbnay. BOROMNf 6fIBfl flUlts up lhs de('�cbncy in no more th�n twsAre monthy peymx�to, at Und�s soN __
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<br /> ;:�:�;;K��s+�;'�;-�rs;�;� Upon payment h tuN of �A eums socurad by thFs &eeurity InsWm�nt, I.snder ahaW nrompty retund to Borrowet uty Fund� hdd by
<br /> r 2� ,=`- ,;��•=`, �: Londer. 11,und�r puapr�ph 21, I.ender ehaB ecquke or seN the Property,Lender,Prbr to tha ecqutskion or stle o}the PropKty,ch[N q►py ---.
<br /> ��t �� ^ � � �� any Funds held by I.onder at the tYne ol ncqutsNbn or sele as a credit eqahsl fi�e sun3 s�curd by thr r,:curkyr lrrtrurrt�t -"`
<br /> �' °' , •,•� 3.Appflcation oi Peyments. Unt95s appOCable IQw provides oth8rw159, all peymenta recetvad by Lende►undor parepraRhs 1 end QF:°�"�
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<br />- � " 2 ehaA be npplbd:Ikst, !o any prepayment charpes due undet tho Note; second, to amount� psyabb under parepraph 2; thkd to L�teres!
<br /> ,•• duo; (ourth,to prinoipal due;and lest,lo any late charpos dua under the Note. �-�:..`-
<br /> .�:��"?� � `�� .,, 4. Charges;Llena. Borrower ehpN pay all taxes, esaessments, ohAripos, (L�as and imposkions ultrbuteble to ih� Property whk:h �:�,;��_
<br /> ;�;:<<;-: •- �.,;;; may atlafn prbrky ou�x thh Sci�udly Inswment,and Isaseha�q�ayments or pround ro�ts,il nny. Borrower shaA pay thosu oblipntbns In lhe •,-,,;,;
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<br /> ,•.,,;�, manner provlded h puapreph 2, or H not pnld in tNet mannet, Bortowar shaN pay them on tlme directy to the person owed payment. ;`••}?i.
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<br /> " " ° ��::"� Hortower dhaN promptty h�mish to Ler+der all nptkes of amounts to be pab un�er this parugraph. 11 BoROwer mekes these pa�ments ::`��':.
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<br /> '" '"1"' dincty,Bortowrr shaq promp4y tumfsh to Lender receipts evldencinp the payments. .�x�F
<br /> 4, � " Borrowur ohaN prAmpty dlsaharqe any Nen whiCh has prbrky over thls Security Instrumont u��less Bortower. (a) e,qre6� h wrxinp to the ` � ��
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<br /> ` ; payment ot tha ob�lyation secured by the tien h e manne► acceptabts lo Lender; (b)conto�ts fn good ittkh the Ilen by, or dofa�ds aqahst �
<br /> �� ti o tio ..�o ►nf �ha uon: nr(nl securos kom t
<br /> ;...r•:' ,ti•_�,,;t... , QIIIOfC0rt10I11 m7 9�B IKfI �1�iepai proCeed'npe wiioi�ii iiw LoTi�m'o 8y:ie^i�v��':�20 pi..�.^..L...�'!!_�..,!!T�!.
<br /> ' • the h0lder of Ihe I�en an agraemsnt satisfeCtory to Lender subordhetinp thc lien to this Security Instrument. It Lender dotertnhes thet eny :,;;;?
<br /> ' paR of lhe Property Is subject to a Uen which may atteln priorky ovor this Security Insfrument,Londer may B�e Borrower�not�s IdentYytnp
<br /> the lion. Botrower ohall eatlsty the Iler►or take on9 ar more of the actians set torth ubove wRhin 10 days of th0 glvinp of not�e.
<br /> 5. Waurd or Pro�aePty lnaurence. Bortower shall keep the Improvemonts now exlsting or hereafter ereated on th� Property
<br /> hsurod �pahst lase by Hre, he�rds hClude9 wRhin the torm 'e.nended coverage" and any other harard3, Inctudhp fbods or flaodhp,tor
<br /> whiCh LendK roquYes InsuranCS. Thb InauranCe shaN be mahtained h the amounts and tor the perbds that Le�nder requlres. Tha Insuranc�
<br /> cartler provtdhp lhe hgurance ahall be chosen b/ Borcower subje�.t to Lende�s approvel whfch shell not be unraasontby wkhh�id. tf
<br /> , Bortower talls to mthtain coverap� descr�ed above,Lender may, at Londers option, obiain coverape to protect LMders riphu In th�
<br /> „ Propeny b acoorduice wRh parepraph 7.
<br /> AM hauruica policW�and renewals ahall be acceptabte to Lender nnd shall holude a stunderd mortgape ctuuse. Londor shaN have the .
<br /> � • tipht to hold the poNCias�nd renawaFS. II Lender requlres, Bortower shall promptry gNe to Lender aU racaipts of pald premluma and renewal �°
<br /> ' - notices. In th�event of bss, �orrower shatl glve prompt notfce ta the hsurance carrler and Lender. Lender may mske proof of bss M�ot
<br /> � � rtude prampty by BoROwer. �
<br /> �� Uniess LBnder and Borrower otherwse nqree In writinp, insurence proceeds shall be npplted to restoratbn or repaM o! the Property
<br /> �� d�maped, k the restoralbn or repek Is esonomicely leas�fe and Lender's security Is not bssened. If the restoretbn or repak b not �
<br /> � eCanomicaNy (ensbk or Lentklrs security would be la3sened, the InsurnnCe proceeds shall 6e appibd to the sums secuted by thFs SeCUrityr
<br /> � Instrum�nt, whetP�e�or not lhen due, wkh any excess pa►d lo Borcower. if Borrower flbandons the property,or does not answer wfihin 30
<br /> '-�` ,. days a oot�a trom Lender that the hsurance Car►ier has otfared ro settle a cialm, then Lendar may colbct the hsurance proceads. Lender
<br /> .. , mny use the proceeds to repa4 or restoro the Property or to pay sums secured by tP�is SeCUrity Instncment,whothor or not tAen due. The
<br /> _�' �day period wHl bBph when the no41Ce I�Qhren.
<br /> f~'� � Unless Lender nnd Borrowar otherwise syroe In wrrthg,any npplkat{on of proceods to prfnclpal shau not extend or postpono the due
<br /> d�te of the monthy paymaate re(erred to in peregraphs 1 ctnd 2 or change the amount of the puymento. 11 under paraqreph 21 the Prapsrty
<br />,; „ �" bs aCpuired by Lender, Borro+ver'8 ripht to eny hsurance paliclas and procoeds rosuking Nom damaqo to tho Property prbr to the acqulsiltan
<br /> � shaN pass to lsnder to lhe extent of the sums socurod by thts Socurity fnstrument Ynmadlatoty prbr to the acquiskbn.
<br /> 8. Occupancy� Preservetlon, Malntenance end P�otectton of the Prap�rty; Borrower'a Loan
<br /> � •• � A�I(�IICBtIOdI; Leaaeholda.BoROwar shaA occupy,establish, and use tho Proporty na Borrowors principnl residenae wkhh sbAy dnya
<br /> flfter the execution ot thfs Secur'Ry Instn�mant and sha�Contk�uo to occupy the Proporty as Borrower's princfpal rosidonco tor ut least ono .
<br /> � yeu QRer thA dute o1 occupanCy, unlas� Lcndor othcnv�o aproos In writing, whtch consont shall not be unreasoneDy wkhhold, or unbss I
<br /> a ` extenuniinp CYcumstances oxtst whbh ere boyond BoROwe�s Control. BoROwer shull not deSVOy, damage or knpak the PropeAy, elSow the h'
<br /> � Propaty to dete�fornte, or commk Naste on the Froparty. 8ortower sha�l be In defauk N any foAeRu�e ectbn ur pro:eedhp, whether cNit or
<br /> •• " " crimhal, b beflun that h Lende�'s good fakh judgmant coukl resuft In tarteiture of the Property or otherwtse matorlalh� Impak the I'�en created
<br /> �' , '. by th� Securihr InsOrument or Lender's sacurky intoreat. BoROwer may cure such a default nnd relnstnto, as provtdod � peragmph 10, by I
<br /> - -------- -.- �- ' �n�e1,n �t� ncrla� nr nrnrm�+wa tu 6e dtsm{ss3d wRh n rulin0 that, In Lender'8 pood taith determinntbn, proCludo3 toAekure of the
<br /> -- — ---- . - -- • i
<br /> � DoROVrcir's htorest M the Proporty or other matorlal lmpahnent of tho Iton crc+atad by thls S�ecurity Instrument cr Lcmder's security hterost
<br /> 9 � BoROwer shau aLo be In dntauft M Bortowcr,during tho Ioan npplication procoss, gnve mntor��ly felse or haccuatte Infortnetbn or sWtements i,
<br /> � to 48ndor (ot fa{fed to provide Lender with any matorlel informatfon) in connection wiFh the loan evidancsd by the Noto, incad'ng, but not !
<br /> F` , '��,.�'�� limked to, representattons concemhp BoROwor's oceupa�cy of thn Property ns a pmclpul rosldenco. If thls Securiry Inshument I� an a
<br /> �.�� leasehold, Bortower sheN compty wkh ell the provlsbns ot the lease. If BuROwer acquires loe title to tho Proporty,tho Icasehold and the �
<br /> tee tdb shaN not merpe unless tho Lande►agrao3 to tho mergor fn writhg. i
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