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<br /> � ❑Gi CD C::��_:I (�:J 6:_].(:�;lCfl C'i�1011t11 (l ��;1Ce�1 (JP (1 (�(S.'�Tp!:/fC',�I�t� fdOT�.".n7 l'J,".Il fil:ly fi,P,!J�iO (C9 nORG::.:�G C�CfO:J C^,CfE!i�i CliIfTCP li�
<br /> r, . f3G�F�.I R-:1 GGt^_r��:a.il:��.COI G'�QCC�iUfC:, O.sB of 1�J74 4;7 c:�i:nd�d f�ora t���� to tt��, 12 U.�.C. E�DI G2 C�^�.("�?�?A°)� un:'��es9e,1��L':� ,.
<br /> ' thal epp�bs to the Funds cets e lescer am9unt. IF eo. Londx may, Qt any tknc�, caltocl nnd hok! FundS 4i ar+ emuunt nol to exse8�I�a �
<br /> ' ' bsSer amount. Lendvr m&y estknato lho amount of funds Gue on tho basl� ot eurront dnt�and reneonnble�9tMrt�tYa o}r,epa�dkur►�a G!
<br /> "�-.. - ..•.:,,::i.' (uture EbCrow Ilsmt oP olb�nvfse In �CCOrd�ntY wHh applkot+lll�w. • �,ti;.:_:
<br />�`.. �.:. :�: ' �
<br /> Tha Fund� nh�B be h�ld tn an hstttutbn whosa dsposRS aro heured by a tedorat apency, inetrumantelNy,or MtMy (hC�udirp L�nd�r,M
<br /> � Lendw h ouch rn fnstiiutiujn)or w► any FedGai Hnra L�an O:n:a. {.�r�ci�ri�aA appP� th�Funds to p�y th� E:fro:� it�rtt^. L^sid°f m�.y nnt ,
<br /> �i�+^�..•;,�,.� rr...:'"��'-��
<br /> �:�•.•�, � { �' • charp�Borrow�r for holdhp�nd appylnp Ih�funda, �nnuay an�yztnp tne escrow �ccount, or vKKylnp th�Earow It�nf, unMt�I.A�ndK �,,.��.-
<br /> '•� � pAya Bortower fnterest on the F�nda and eppll�abta yw permlts Lender to mnke such e charps. Howw�r,i,eisdu rtMy rpulru Ba�rCxrwto ,�,;z
<br />�����•: � pay�on�tln�chup�lov an hdopa�dm!roel�stat�t�x reportkap aervh�usod by La�d�n c�onn�ctbn wkh th6s loan,unMse�i!cWM Yw �''�"='-
<br /> � . provtsi�e othervv3a�. Unbaf an epreernent b mada or app6cabq law raqukes htoresl to bo ptld, Leadw tt►iA not b�nquM�d to p�y t#,�:_---
<br />:1 , Bortowa any ht�osl or Qamhp�on the Funds.Bortowor and Lender may apree h wrkinp,Aowevar,lhat ht�nst thaN b��Id on t!�Funds. ,�^-
<br /> �..:�.--
<br />�-,« • Lende►ahQN pka to Do rco w,a, �v l t h a u t c h n�ya,a n c n n u a l a c c o u n t hp o!t h a F u n d s,e h o�v i n p c r e c 1it e�nd debke to th�Fund��nd tho p u�poso [�;._�- __
<br /> for which awc?�debk to the Funda w4s made. The Funds ctre piedped as odditional s�curi�r iar RN cums NCUNd by thb S1CUrRy Inttrummt• _--._-----
<br /> �.',� 11 tha Funds hefd by Lendar excoed tha amaunts pstmltad to be held by epplicabte Mw, Lendir �h�l iccpunt to Bortow�r iot lh� �"'
<br /> � ^�� • excess Funds In acCOrMnce with the requirements ot eppl�able taw. il the nmount o}th0 Furtds hYid by Lw�der�l�ny tirrN Is not suMicNnt `
<br /> � to pay lhe Escrow Items whan due,Lender rtuy so nottty 8orrowet In wrkinp,end, h auch cas�BotrowM ehaM pay to Undsr lh��mount ---
<br />='�- �' necassary to make up the deficlency. 8orrawer shaU make up t�o tki{clency In no more than twolw monthy p�ymw►tt.�t UndNs totr
<br /> Irh. ' . �� . •�
<br />-:� .. , . dlscratlon.
<br /> � � U�+an paymenl In Nil of all sums socurad by this Securhy Insuument, Lender shaH promptiy refuh6 Qo 6f�aw:v ur'�y FunG: t�::�b�
<br />_•??�. Lender. If,under panpraph 21,Lendor sh�W aCquira or sall lhe Propei4y,Lender, Prtor to the�cquiskbn or al�of tts�Ptoperty,sn.r appy
<br /> } any Funds heb by Lendor et the tima ot acqulsklon or sele es� credk egahst the sums secured by thFS Securiq/InaWmsn� `T�_
<br /> :��.• � 3.Appliaatlon of PAyments. Unies�applicabia taw provkles othervvise,nll payments receked by Und1r urtdw parapntphe 1 ind
<br /> . 2 shaq be applted:first,to eny prepayment oharpes due under lhe Note; second, to emounta payaCM und�r p�npr�ph �Mird to i�brKt
<br />•.� , ' due: fourth,to prfncpal duo;and lest,to any lete aharpes due undor the Nota.
<br /> � 4.Charg�s; Llens. Bortowor ahall pay a�l tar.as, cssessmenta, charpes, tines and Impoakbno �ttri�ul�bN tA tM Ptop�rty whbh
<br /> . � may attah prbr7ty over lhts Securlry Instrumer►t,and taasehold�syments or pround ren4s,H�ny. BOnowM shtM ply thYt�ObYpotionf in tlt� �
<br /> . .. menner pr4vided h petesraph 2, or M not pald h that manner, 0ortower shall pvy them an tM»a dMacty lo lh� paaon flw�d p�yment-
<br /> Bo�rower shali prompty fumish to Lender all not�es ot emounts to 6e pald under this parapraph. If BorrowK makae th�ss p�yrnnnts
<br /> direCtty,Bortowor shall promptty tumtsh to Lender recelpts evidencing the payments.
<br /> ..._. . _ . .. _ o�� � • . �..� �ri. w �ivra�
<br /> , ° Eionower ehau promptry disCita�po anr iien wnici� itn5 yiui iry vVoP 2=iia .�o�.Uinj �ASfiiSii.r.Ci�LSS..�� �1.`.7L`..�.{��.�._-.. - ••----'�4n� -
<br /> �nyment of tha oblpatbn aecured by the Ilen h a manner ecceptable to Lender; (b) contests In pood taRh Ihs Oen by, or dMK�ds�hst _-l=--�—
<br /> eniorcemont ol the Ife+t h, iepn�proCeadhps whlah fn the LandE�s ophbn operate to pr6vont the ontdreement of ths N�n;or(C)i�cun6 kort� �..
<br /> � the halder of tAe Gen en flpreement saHsfactory l0 Lendor subordhathg tho Iien to this Se�;urity InsWmant. If Lender dltermhN Ma1 enY
<br /> .,�t paA o}the Property is sub�eCt to e Oen which mny atta(n prbrft3r ovor thls Socurity Instrument,Lender may pive BorrowK l nutfC�identlryhp
<br /> qha Uen. Borcower shal satfsfy the Ilen or take one or more d the actbns set foRh abave v�rkhin 10 days o}thY pNinp of notica.
<br /> � . „ b. Hazard or Property Inauranc�e. BOnowet shali keep the ImprOVenlents now eoclSthQ oI h�tEaRM ArYCtYd tJn ths Ptopi�ty
<br /> �. hsurod ogainst loss by fire,hamrds Included withln the temi "extended coverege' and any�ther haruds. In�ludiny Hoo�b or 1loodh9�to�
<br /> � _ which Lender requfres hsuranco. This Insuranco ehall be maintelnod In the nmounts end tor the poriod9 thet LsndK raquin�. TM insurtn�e °
<br /> „ carrk�r providhy tha Msurance shail be chosen by Bortower subject to Lendw's epprovat whtch ahefl not ba unrwsoneby withheW. If � ---
<br /> � � ` BoRnN•�r fails to maintahr coverage descr�ed above, Lender may, at Lender's optbn, obtafn coveregs to protect Lend�s dphb tn th� �
<br />- Property in eccordance with paragreph 7. �
<br /> � � AII hsurence pofkles and renowals ;thall be acceptnble to Lender and shall Include a standard moRpaps afeuse. Lend�r shaN htw th� N�'°
<br /> � ripht to bold the policies end renawels. If Lender requtres,Borrower shall pramptty give to Lender e11 recelpts of pnld prembm��nd nn�wal �'�''t
<br />_ � ;:•�� not�es. In the event of Wss. Bortower shall ptve prompt nol�e to the insurnnce carrler and Lender. Lendor mey make proof of foss Y no! �=
<br />_ � made prompfy by Bortow�r. -�
<br /> . •� •` . Unless I.ender and Borrower othervvtse ayree In writinp, i�surance procesds shall bn npplied to restorotion or rep�lr of ths Property -
<br /> � , darnaged. N the restorfltion or repaV ts eaonomicaly feasDb and LendePS securiry Is not lessened. If the restoratbn or repaY b nct �'���:';,
<br /> economlcaliy icasible or Lender'6 securfry would be lessened,the hsurance proceeds shail be appiled ta the sums secured by this Secunty =�_-
<br /> Instrument,whother or not then due, wtth any excess paid ro 8orrower. II Boreower nbandons the PropeRy,Or does not enKwer withi�39 �=r oi�:�
<br /> "..� ' -
<br /> days a notfce t►om Lender that the hsurance cartter hes ollered to settle e Clakn,then Lender may colbct the InsuranCe praceeds. Lender
<br /> �,•,�� may use the proceeds t� ropaU or restore the Property or ta pey sums secured by thls Security Instrument,whether ar not then dua. fie :
<br /> _� . . 30-day perbd will begin whcn the notbe Is piven.
<br /> -;�� Unless Leroder and Bortower otherwise aproe In writhg,any applicatlon of proceeds to princfpal shall not oxtend or postpona the due
<br /> � � � date of tho monthy paymonts reforted to In parngrc►phs t und 2 or chanpe ihe amount of the pnymanta. It unKa paragraph 21 the P�opaty
<br /> , � • Is s.cqufred by Lander,Bortowors right to any hauranco pofici0s nnd proceeds resukfng hom damage to the PropeRy prbr to the ecquhftbn �
<br /> � shall pass to Lander to the c�tant of the sums securod by this Socurity Instrument knmodiatety prbr to the acqul9Hbn.
<br /> �. 6.Accupancy, Preaorvation, Allalntenence and Protection of the Property; Borrower's Loan
<br /> . Appllcatlon; Lea�ehold�.0ortowcr shall occupy. establish,and use tho Property as Bonowers pnc�pal resldwice wRhh sbRy days
<br /> , � � aRa the ezecution mf Ihis Security Instrumont nnd shall conlhuo to occupy the Property as Bortower's pnc�pal resldence tor at teast one
<br /> '" year aRer tha date ot occupariCy, unless Lender otherwfse agrees in writing, whfch consont shall not be unreasonablj wkhheld, or untass
<br /> � � • Oxtenuathp circumstancas exLst wh�h are beyond somowere control. Borrower Shall not dostroy, damapo or ImpaP tha Property, allow the ��
<br /> : � . Property to deteriomte,or commk waste on tho Property. Borrower sheli be In default 8 any forfeiture actbn or proc�nding, whother�tr�or i�.,..�
<br /> — - - �----_,- crmtna� Es hoaun that h Lender's aood ta�h lud4ment coub resuh In toAeiture of the Proparty or otherwise matertalry tnpaP the IfEm created �
<br /> ____, : • - -
<br /> �" by thf9 SecurBy Instrumenl or lendc�'s securily htorost. Borcower may curo such a defauk and reinstato, es p�ovided h parag�gph 18,by �
<br /> caus�np tho action or praccadfnp to bo dl5missod with e rul'ng that, tn Londer's qood IaRh detertnhntbn, prealudes foAoiture ol the �
<br /> � � Bonowors IntcKest h tho Proporty or othor matorlal �rnpnirmont ot the lien created by thls Security Instrument or Lenda�o security hterast. �
<br /> { , Borrorror shaY niso he h defauR H Borrawor,durhp the loan application procoss,gave materinly f�lse or ha�cumte Intortnatbn ot�tetements �
<br /> :4 � , to Londer(or talied to provide Lander wRh nny m3terial inlOrtnation) In wnnoctlon with the lonn �ridonced by the Noto,hCluding,but not �
<br /> linked to, ropresontolbnr,concemhg Bortower's oCCUpnncy ot tho Property as a pr�ncipal resldence. If thts Security Inst�'ument fs on n
<br /> • 14 leasehotd, Borrower s��all compty with all tho provtslons ot Iho hase. If Borrower ncqufres fee titb to tho Proporty, the Ieasehotd nnd tho
<br /> •� � teo ttlle chuu not me�pe�enless tha Lender ngreos ro tho rteerg2r In�vritEng.
<br /> . �
<br /> ' - Pap�2 al S Form 90YE C/00
<br /> ',` , . .. FtO:V.LMO(E/0�1
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