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<br /> i�s�r omount. Len6�r�y e�t���aN thg dr.ount a4 (u�ids fu3 0� t1a �asi� 09 eur�at da4� crd r�w_on:�h�� c�4t��;:.::a of r:,:a:�::�;a� c9 «x�,
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<br />_ " ' [utun Eecrow It�mf or oth�wke h accard�nc� wflh a�pti�:zbM iaw. . .:
<br /> � _,�.. , .. �,x TM F�nds eh�M ts�hNd fn an Instkutk,n whoa� d�pasR�ar��isurad by o tedoral sgcnoy,InatrumontnfRy, or entky(�noNdhp Loridur,N r�; = .
<br />-,�.,. `- . l.s n d a N s u a A a n h s t k u t b n)w b�n Y Fsdml Hom�Lo�n Elenk. I.,�rtdw ehaM�PON!hs Fundi to 9ay tM H�crow ItOm�. I.�ndu n►fy not ��:,�,�;.:"t�"":::�.-�.,
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<br /> • �s:i.;;� Cc::o��:.r tor Afl:1'��crtd c;aR�ht3 lh�F�mds, rnn��lly eneyrh�the sscrow aceoanl.or �wifyln� ttta Eacrow Iteme,unks�len�far ..._ ,.�_�,_
<br /> `•� � ' p�ya BurrowM hNntt on th�Fund��nd�ppYe�bi� yw p�tmk� l�e�d�r to mak�such� oha�. HowwK�L�nda may r�squirw Bortoww to ,� --
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<br />- -. ..� pay 0 on►tkM Oharp�for ui hd�(l�ntSMSt rNl�sttl�l�x reporthp NrviC�u0id by L�dts Yl ConMCtlon wXh thM lo�n.�N1!appNt�bk�iY�w _ . . `'�,,,;;,-,,�i:
<br /> provlda othuwba. Unl�a� sn �prese'�ant M m�d� a appMC�bM kw requlrN interwt to b� p�b. landsr shaY not be nquaad to p�y :�,� �`--_
<br /> Barox�r eny ht�rat or saminps on lEh�Funde. Borrow�r�nd L�ndK m�y e�r�h wrltln0,howwAr,th�t Int�nst�haq b�p+b on tt»fundo. ;,�;�;,;-_,- , -
<br /> •• �� I.,dnckr eA�ll plw to Borrowwr,wkhout char�,an u+nu[I occountinp o1 lh�Fund�, ehowlnp crodRs end dabke to th�FUOt1s NS1 llf�Rllt'�1GS� , � ''° '�:c`+=_
<br /> ., ter wbl�h�ch�-!�q to Ihe Funds wes made. '1'M Funds u�PM��a addltbnal secuNty tor aN�ums sacund by lhi��wrlty IneWm�nt. . .... � _-
<br /> H tt» Funds Mid by Und�r excad lM amounta p�rmkt�d to W hotd by �ppNcaby kw, Lende ahaN �ccount to DotrowK tor ths �
<br /> roccsse Funds in accordu�c�wLh tf» nquYem�nle of�McabM Mw. II q�e amouot of tha Funds h�ld by L�ndee at any tirn�Is not suHiabnt � _
<br /> - to piy th� Eecrow Itant when due,L�ndK mwY tto notffy BorrowK in vrtkhp,�rtd, In euCh casa BorrowK sh�q(►�y to Und�t the BmDUnt . °=
<br /> n�csaaary to mako up ths delialency. Bortow�x sh�ll m�ko up the dNicbncy In no moro than twsive mortlhry paym�nts��1 L�nd�r's soM • :�,;
<br /> dbcnibn. ty?Y ZI r---�
<br /> Upon p�frm�nt In tuM o1 aN aum� eocund by tht� S�curky InstrumanL Lender shaN promply rsfund to Bor►ow�r any Funds hNd by .- r"^
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<br /> Lqndor. If,undw par��nph 21, Le��r shap c:.r�ulro or c��tha Prop�ty. Lend!r, Prlw to the ea�ubRkn or eab of th�PropKty,shaM epPN „ .. - _
<br /> any Funds t»W by Lendw at the t{me o!Rcqulskbn or sab ns o credk epalnst tho eums seeured by this�ecurky Instrumsnt. � • •�=.•�°.�
<br /> $. Applicatlon ot Peymsnts. Unbsa applit�bl9 N�w providss otherwlss,sN psymente r�ived by Lender under pllrapr�phs/and ":�'�•�,;.
<br /> •� � 2 BhaN he appHed: fLst, to eny prep�yment charpes due under the Note; sencnd,to tmounts payabbe under parupre,ph 2;third to hterest , •�, _
<br /> I . .. . :�
<br /> dw;lourth,to princaal du;and Inst, to eny rte charpes due urtds►th9 Nots. , , .�;:._
<br /> A. Char�ea; LICiI� BoROwer shan pay ail toxes, assessmon�, churpos, fnes end ImposRions aMibu4abie to the PropeAy whfah „-
<br /> rnnq pttain prbrity ovsr thls SecurKy Instrument. and lensehold payments or pround rents. N any. �orrower shaN pay thsss cbfipttions tn tha .='.���'_
<br /> - . rnenner provlded In pucpraph 2, or N not patd h thnt manner, BaROwer sh44 pay them on tYna dtoCty to the p�rson owed pafrt��4 ;,• ����- --""
<br /> Bonower ahaM prompty tumfsh to Lender �M not�as of emounts to be pald under thls parepreph. If Bortowor makes thess paymenta � . �=-
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<br /> dlrectly,BoROwn shaH promptly tumish to Lonr3a recelpts evldenoinp the payments. '
<br /> 3er
<br /> 8orrower shaB prompty disCharpe any Ibra wh�h has prbrky over this Seca�rity Instrument unbss Borrower: (e)apreas h wrkN�to tho . . •��
<br /> `';=�=---J paymwii 6i i�� �+�+�ir�r� �"L'� �. :�� � h= n'°Rn°r =rr�nt°bl�to Lender; (bD cmntesta h pood(ekh the Ilen by, or delends aytlns! �..e,�
<br /> • entorcem�►t of the N�n h, lepsl yrcce�dhp3 w?�fch h the Lendars opinbn operate ro pre�vent the ento�cement of the Ifen; or(e)aecur�e frorn - +�?' .��
<br /> tho hobsr of the Ilen an ayreament stttsfactory to Lender subordinntfnp the Iien to ths Security InsWmenG If Lender d�termines that or+y ��� �
<br /> �.�. .
<br /> put o!the Property fs eub�t to a lien whbh may attaln prbritY over thFS Socurity Instnsment,Lender rr�y gNS 8orrower a no2�s IOa�tMyhp .. ,
<br /> �� the Ibn. Borrowar shaN sat(sy the Iian or takb one or more of the actbns set to�th abov�e wkhin 10 daye of the pNinq�ot notlse.
<br /> ., �";�> ;�'
<br /> 8. Hezard or Property I�sure�ce. Borrower shall keop the Improvements now exFsthp or hereafter er�cted an the Pfoperty t ¢ . � �
<br /> �• • tnsured a�tnat ba� by fire, haiards holudod wRhin the term "excended coverape' end eny other heurds, hcUdhy fbods or fbodh�, Fur
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<br /> �� wh�h Lend�r rnquiros Insuranco. This hsuruice sheY be mahteinad h the amouMs and tor the perlods thet Lender requfres. Ths Insuruice ,. . G.
<br /> ^ � • cortilr providhp ths Insurance sheN be chosen by Borrower QubJaat ro Lenders approvai whbh shall not be unreasonabCy wRhheid. It „ , :,
<br /> Bortowat hfle to mahtth coverege descr�bed above, Lender may,at Lende�'s optbn, obtah coverege to pro2ect Lt+ndors riyhts h the •�.4
<br /> , PropKty b accordance wkh pare9r�nph 7. • � .
<br /> AN hsunnca poliaies nnd renewals sha0 bo acceptable to Lender and shall Includa a standard mortpapo oinuss. Lender ehatl haw tRe . � %�
<br /> ' ; ripht to hold the policles and renewals. It Lender requires, Borrower shaG prompty pive to Lender nll recelpts of peld premlums end renewal ��,== �
<br /> �oilces. tn the svent of bsa, Bor►ower shel glue prompt not�o to the fnsurance canier and I.ender. Lender may make proof ot bss H not .,- '�
<br /> rt�de prompty by Bortower. '�4�,:
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<br /> UnMas Lender and Borrower otherwlse ayree In writhq, fnsurance procee�s shall be epplfed to restoretbn or rep�ir of the Propxty _
<br /> domup�d, R the restoretbn or repflit Is eCOnomfcaly teas{bb end Lendera security Is not lessened. I} the rostoratloo o� repet Is not ; • ��
<br /> .. up d ;.
<br /> • • eCOnomfcalty teasbk or Lendor's seCUrity wotold be lessened,tAo insurance proCeeds shaN be applied to the svms seCUrad by thls S6CUrity � : ,:� , „.
<br /> InaWment, whether or not thsn due, wRh any excesn pold to Borrawer. It Boaower ebandons ths Property, or doen not enswer wkhb 30 ! . �.�-
<br /> �.�� � ,� .,
<br /> _` , . daya e notVCe from Lender that the Insu►ance arrler hns otfered to settie a otaim,then Lereder moy colfect the Insurance proceeda. Ler+dar i�
<br /> 4t��
<br /> � � m�y uss the proceeds to repat or restore tha Propertyr or to pay sums secured by thk�Securky InsWment,whether ar not then duo. The ..
<br /> �Y P�d wfA besln when the notice Is ghren. i'��; .
<br /> � Unless Lender and Borrowar otherwise aQree In wrRhg,any npplicatbn of proceeds to princpal ehall not eMend or postpane the due : °
<br /> � dete ot the monthy payments ro4ene�to h pareprepha 1 and 2 or r,hange the amount of the payments. It under parapreph 21 the Propxry � •
<br /> ' b eequtrod by Lender,Borrowe�s right to any hsurence poNcies and proceeds resuking hom damepe ro lhe Property prior tv the eoqulsRton f� � '
<br /> ' sheN pass to Lender to the extent af the aums secured by this Sacurihl Instrument knmedlatey prkr to tho scquHskbn. � •
<br />� F .. �••. 6. Occupency� f�reaervatton� Malntenanc� and Protectlon of the Prop�rty; F�orrov�er'a Loan � � -
<br /> , App1lCa�tOit; LeaaeF�IdA.Borrower sh�N oacupy, esw411sh, and use ehe Property as Oorrower's pnc�lpnl reskfence wkhh sbRy days ' ;' �
<br /> aRa►the e�xcutlon of thfs Securky t�shurt»nt end shall conthue to occupy the Properly ns Bottowers prinopal resldence tor nt least one i ��
<br /> � y�er aR�► th� date ot xcup�ncy. uabss Urtder otherwlse eproes h writhp,whfch conaent ahaY not be unreasonaby wkhheld,or unlass !
<br /> er
<br /> �� oxtenuattnp cPcumat�ncsa eoclst whlah w b�yond Borrowers control. BoROwer ehaH not destroy, dan�epe or knptk the Prop�rty,elbw the � •
<br /> • P�op�ty to deterbrate,or commk wrste on the Property. Bortower sheN be In defauR H any fortekuro actbn or prxeedtng, wh�ther cMY or
<br /> � crimtnel, ts b�0un that In Lender's pood faNh judpmer�t caufd resuR In toAekuro of the Properly or otherwlse materleky LrpiM the Ile�croated
<br /> ! __ ___ ___ __ by this S�curity Instrument or Lender's security hterest 8orrower may cure such a delauR end roinelate, as provlded In parepraph 18, by ;
<br /> �, _,,-,. _ _- ---
<br /> _� causing the actbn or procoedhg to bs dfsmissed wlth a ruMO that, h LenOer's �ooa raRn oetermnation, preaiucivs :odeauro in :��a -` -_-
<br /> Borrower's intorest �i the Property or othsr mat�l ImAattment ot the Iten creatnd by thls Socurlry Instrum0nt or Lendor's securly htorest.
<br /> ; •' BomDarer�hsM elso be In defQUR H Dorrower, clurin0 the ban upplicatbn pro�ess, gave mtterlaliy ffllso or Inaccurate htortnatbn or 6tetements
<br /> , to Ltx�der (or fafbd to provlde Lender wRh any materl�l htortnatton)h connectbn wkh t�o ban ovldencod by the Note,hcludhp, but not
<br /> t. IinRed to, represantetbrys concomlrt0 Bortow�fe occupanoy of Ihe Proparty n3 n prinClpnl resldence. If thls Security Instrument Is on a
<br /> F* leesefiofd, Borrowsr shaN compbj wRh aM the provtsbna o} the Iease. 14 Borrower acqufres tag tkte to the Property,the leasehold end tha
<br /> �F Pee t�b ehall not merpa unless the Lender epraes to the mergcor In writlnp•
<br /> i.
<br /> _ P�p��of 6 Form 909E Y/QO
<br /> . .. Ft026.LM4(6/Gl)
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<br /> ., " 60 1 . . .� _
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