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<br /> , f.. , 'aot ts accee�tite mardrtmm emsuM a te►der tor a tederaLy re�ed ntartgaga tann may �equiee ta� �mro�va's�escro�w eca�imt ands the ` `;+. •. .
<br /> _::, i , .. , ftd�!Real Es�te S�tetaent Fraeeduses Act a!18T4 89 Etsts�tQEfl Qasrf L'me to ttm� 12 U.�C.2609 d s�q.(`FtESPA7.ttai�enotltat fsw . �<Y� , ::<<: .
<br /> ,_ . <• 4hffi eDP� to tho Fmda seta�[asst�emmmt ff eo.tend..•r rnay.ef arry��v°�t�d Ao:d Fund�tn mf�nss�t,noi to exeged tha : � `�;;.:�`•�;�:
<br /> _ � , ` - (�yaer amau� Le+d�may�e t�e artiasmt a!flmds due un thv Q3.ig af aa�t dam m�d�easann6:a e�-n�es of m�a�diurAs ot -
<br /> • � Y �Eaeraay{txma w cthe�vrtse ln eaarQan�e wM dppEca�'e tav,. • . � �'���::
<br /> , : � The Furtde ePts�tia A��en tns�ution vrlase depos:to era tns�zd by m tadue!sIIenry.fnstnnnm►�iyr.ar eitTdy(���g Lm�dar.B .. �<�..:,.��`.,?�,.�;..
<br /> - .. •, I.endet!a sueh en Insi�rttan�ar In arry Fed�nt Name Lain�fc. Lssdrs ehe9 appty the Funda to pay tRe Esaew ttam9. L�Qa not ' ." �`;�:,�, '`�-
<br /> , nt m . m�y ;,'�-;.,
<br /> ' •. . charga 8artaw�tor,hof�ng and a�iy€ng th�Fiu��.ennus9Y anaty�n9 the esna�a �n� m ve�8�n�the Esaro�v(t�a unJesa_lend� -- :.�_=
<br /> _ � . ' ' Pgl� Ba�rawes Intaest an tha Wrtds and p .JMp ..,,k', ,',^��1'_
<br /> H�QE��(flW �.4(.01QQ tD�11ditD 81lC�I 9 G�I_.a_� HoweYU R�tQ�s may R�q!!19 BOffOw�to ��
<br /> ,� f�'.` , �. .�. ' pay a erte�me W�arge tor an tnd��dt�a!rPal eststa tax Rpo�ng�seMca used�yt LeiQer t�eonneetla�with thls tacn.w'E:ss app�cab:e faw °''�```}�=��"���;_..
<br /> - - --- _ pso�tdes oth�qwtsa Units� An a�settt is maQe ot��#rrbie!aw �e�sthes �i�est tu h��ai9. l�r�&!�9 n4t Gs tE�stre0 Ls�. �='"�_--
<br /> . ,,..• � Batro�r�eay hdee.st ar�sm'ngs on tha Funds.6orraw�end t.��s�ay a�es tr�writtng.Aoweve thffi lntetest alsaG De paid an the FurtQe. �_`Y`�%�'`:�'�
<br /> ` ` . . < � Le�6er shaD gNe to Borm�u�.wRhovt diargs,en�nuat aeso�g at the f�mds.ahowTn9�and debfts to tiia Funds and the�wpase r':�°;-
<br /> ` tar wAicA e�d+�R W tha Wn�s was mad� The Funds are ptedged es ad�onal seo�8y far aD sums se�ed 6y thfs Sewcfly tnstr�ut�i . ��<�•�
<br />- - -.'. • .. , ` � if the Ftmds hdd Dy Lenda�ccsed Me omo�ants parn�a!to be he2d bIl QPP��e taw.LendeP aha9 se�rt to Banaw�fnf tfts �,%"--���—
<br /> � . . e�ccess Funda tn eem�danc�w8h the�e�ts o!ap�CaEia tanr. H the emo�mt a!tAe FunQs hetd by tender at any t�ae ta not a�Rdent �---_ -
<br />- . ; .t � to pay tho Escow ftems arhen duG t.�rtdes,Pnay so no�iy Berrower Fn writtng,�d.�n sac}�cssa Bartawer shal pay to L,�sd�itre amatm! , _-
<br /> : . � necess�y►to make up tAe deSdcnay. Berrawer shs➢m�Jae�ths Qe�teaty!�no mare thu�t+,reNe trtarilhy psymerts, at Lend�r's aoh —
<br />_ ... ` : � �sue�on. . . —= -
<br /> Upon paynt�t 6e t49 ot a8 swns aeaued by thls 8cemtty tr�sfinnenl. Lc�Qe�sh�ptats�Hy.rellmd ta Bortawri em�Ftmd�hdd try
<br /> .`. . (� I�nda. tf.under paragaph 21,Lr�da sAn9 acqutro or aeY tne Ptop�ty.lind�pdor Ea ths acquis8tas or ade ot ths Pl+e�eity.alf��qpty •
<br /> �� any►FunQa hetd by Len6�et U►a t�ne of
<br /> . . eequisRIan or sai�as a as�a�nst the s�s seaued by tht�Seair�y(naEns�rS.
<br /> ' ..', � - 3.Applic�an of Raymst�ts. Untzss aPP6�sbts taw pravldra o9�eswls�a�paymaRa cecdvad�l/Leadei'�utder p�ha 1 sed
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<br /> - - , . 2 sfia9 6e ePp�t 6rst.te anlf F�Yment eharges 8ue und�the Hote:s�ortQ to arr�owds payaLte�mdes p�ra�apfi�Wrd tn hterast
<br /> � • du�fauRh.to pr(rtc�at du�and fast to�3/Iate��gas�a undFt the tloie. • �
<br /> � - . ` � . ,ek�p9:Ltests.-�-Bamnw��sha9 RaY-a9.taxea...assessmerts.�eharCes,fnes-�nd-Urg�osfiHons �st�b[e to tAe RopaRy afiid�
<br /> '� . • � ' rt�ay at�pBofi[y ova Slt�Seautfry lnsKwne�snd teasehaid paymsrts or�amd rerts.N any. B�owel ahei pry thess aDipt�als h tks
<br /> � � � . . rrsann2r pmv(ded tn pa.��b Z. or if not paid fn thai manner. Barrawer sM9 pay them on �ne�yr to the psson anrod paymnt
<br /> • . '' :r:�`. Bartower shaD pro�ptiy�n3sb to Lotd�e0 nagees of amoimffi to ha paid�md�tt� p�a�!►.�if B�ower m�ices th�ss prymnb '
<br /> ; ' , ,i4;r:, .. �t�/�amawa sh�9��►ity tiurv`sit to I.e�der�b svfden�3ng the pnynxrita .
<br /> . `•'=,,f;�•' �airovrer shafl prarr�y�6srd�arge any Qen which has pdor@y►mra thts 3eau�y Instr�unertt�mkss 6artawc�r:(a)a�ees b wrltlrf�to Me
<br /> . . , � � payment of the ob��n seaued 6y fhe Ren in a m.anna acceptabie t�Le�der, (b) con4e.�ts in gcsad fa3h tM1r�tien Jsy.ar dp�ettds=ptlrciY
<br /> , . . . ' . enfarean�rt of tl[e Eai i'rr.k�!prat�eedinga whtcA�i the LertQa's opinian operate to prerert tlae a�t�nert�afttPua Qen:or(c)u�etxss 4nat
<br /> . . ..�;:; � �.' Yhe hmtdr�af the Q�a�agieemeret�sfaetory to I.�der s�sbord��g tne�en to Ws Sea�i f�'lumait �.i.�sd�de�art�es Urat� .
<br /> , . .r�;.�,,. �� part of tha Propery is s�ject to a 6�which may ai�mtn priority a�a this SeairFty tnstrume� �r�x maY 9t�►e Bosrvere►�ntstba�td�fyh9. �
<br /> . � :°',�r'}� • the Qen. Bomaw�st.aIl satLsfy tho Qe�or�ke os►e or mo[e of the ecHons set foRh above vrlth���dsys of the gMng ot nadca. .
<br /> -," �: ` , . • 5.Hamid ar tr'�'pe�ty InsurlrtCe. Bor�wer shaA kec�the trt�gsora�b naw existing or ha�e�it�aractod on tM Ptop�lyt �
<br /> . . , ' ` • a�staed a�inst loss��q P.re. hazsrds Irt�uded witAm tne t�m •a¢�ded eov�^�srtd arry ofher hazitds. �clud�tg 4oatb ar woodtnQ,for .
<br />.. - .-' '. ... • afi�h L�+r'a req�res insu�ce. Thts tnstuance shaD be rt�a6�flFi�d•in the.amounts and tor tAe patods tha!lender.re�. Ths(nar�na
<br /> :,:,�.:;�;; � ran(��oxtding ffie tns�ce shafl be ekosen by Bomowa subject to t�td�'s appraval�..� �hai not be tmrasonaDly wNhAdd ii . �—
<br /> . � � Bortawer ta�7s tn maU��in coveraSe desarmed abcve.Lenda may.at Latde's oytton. a4bta8t eoverage to proteet LcnAera rf�hts(n the ' —
<br /> . �P�Y tn eceotdanee v�itA pffia�apb 7. � - :
<br /> " . AA irtsuranee poY�es and renexrats sheD be acc�tamfe to Lertder and she9�lu�s a stendard mortgwge dwaa L�ruda ahal Mra tM �-`
<br /> . . Aght to haf�the po0des and re�ewal�, if lenQ�requtres,Bortawer shaB�RromP�ll£�e to I.a��s z�9 reoetpta ot paid prerniums ind renew�S —_—
<br /> •• . . nogces. tn the evc�nt of loss.Bortawa ahaB gNe prompt notice tu�:e tnsw�ce cazRer anQ L�td�: Lertder mty m�ks praaf af bss N not �
<br /> �.. � made Pmn4tfY tiY Borrower. . �"
<br /> ,�'�� .. � UNess L.e�Q�� 1?orrowe otherwise a�ea fn vrtit�t tn�utunee roe¢eds sha0 be =`• -
<br />_;•:�;. , 8. P ePPQed to re,a�n ar tep�tr a!the PropMyl . ;; .
<br /> '`': � . damaged. tf the matai�t!an or repafr ts economlcaIIy f�asmie and LendePs sea..^[1y ts'r,ot cessened. H the r'sstarattan a rapalr �S rtat • '�
<br /> � ecanoMcsBy feasibte or Lender's seeur4y woutd Ee tessene0,the tnsivance proceeds st�Do a�ed to the sums seraired�yr t�is Sepu�y i:,�
<br /> ': � tnsl�umeit.wh�ther or not tha�due,with erry exoess paid to 6ortower. If Bortower ebendacs�tP'ta Pmye�ty. or doe�noi answer wfth(n SD
<br /> s � . days e noUee trom Lertder that the lnsutance cani�has oft�ed to settte e daim.then Lender moy coQect the insurance proceeds. Lmder :�_''�:�`_
<br /> - � , may►use the proceeds to repatr or restora tho PiropeRy or to pay sums aea�red by thts Secur�y Instrum�t,whether or not then�ce. The � :�em.�-�„a.-
<br /> �'�: . '" ga.day per(od w0 6egT.n when the no8ce ts gNen. '.`_ _-
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<br /> • Uefess Lender end Boreower otheMAse agree tn wrtttng.arry�;,qQcaUon ot proceeds to prfttd�a)sha0 naI e�Rend or at�lpaira tho dtre , ,%;f;�... `., �,'
<br /> , , date ef tira mo�rthh Daymerrts refer►ed to(n peia�aphs 1 and Z ar cRange the emo�mt o!the puynse�ts. H under para4Fapti2f�S:e Propaty '°=`F ' �
<br /> ,. • ,. is acqi.�ed by L�dcr, Bortow�'s dgM to eny tnsmance poflr�es and proceeds�;ufdng trom dairtage to tha Ptopary prtor cv Yh�.acquisitton � _
<br /> � . � shaA pasa to L�nda ta tha e�Rent ot tAe svms seswed by thts Searity lnstrument lmme�atety pdor to tno acqutsftion. �� : .
<br /> : � �, �.Occupanty, P�eservatton, Matnienance and Pratectton o! the Piropartp BorrawaPs Loan � � . � '
<br /> ApPI�a�On:LBasAh0lds.Bocrawa sha8 ocatpy. e,tabQsRy ar.e use the Proputy as Battu�va's prtn�res(dence within sCdy days
<br /> .;,, . ' '' �' . after MQ ecewUon of this S@eulity instrumaft end shaD certlnuQ to ao�cupy t0e Propaty as Bcttcwera pdndpaf restdence for at trest one �>,
<br /> ..,,,;.
<br /><,ti,�` ' � �. � year efta tha date of ocapancy, uniess Lender othe�wtse ag�es tn wdUng, wtJeh eonsert sha9 not be unreesonahiy w�Afield,or uniess ��.• '
<br /> '"�: '' � aRenuat6►g clramstanees exM whtcfi�e b estroy,darttaga a�hr�patr the ProAerlY.eIIow the .
<br />-•���;i•, eyond Borranrels co�rol. Borrovrer sRaD nat d � . '
<br /> . . • ProO�tY�d���• m��1 waste on Ne Rroperty. Batrower shaD be tn deta:dt H arry farte+�ue acUon or pTOeeedng,whethe dW or .
<br /> : � cLnina},Is he�m tN►1 tn Land�e goad fehh judgnerrt cauId restrtt In fortature o1 the Properiy ar othetwise matertaIIy 6mpar the Qen exeated .
<br /> , ' by thls Searrity fnstruraent ar Leid�'s securftyr Nterest Bormwa may qire suct�e ddautt and re�sfete.as pravtded tn psragreph 18.by � . . . . �
<br /> � nus�rg the ecUan or proeee�ng to be �smissed wfth a M'�ng thaL In 1.¢ndera good ta�h detmntnaSon, precfudes tor(enure ot the i �
<br /> � • . B�rower's UR�est In the Properiy or othFr materfal irnpaUmc�nt o!the Qe� aeeted by Nts Sccwily fnstrumen!ur Lendds sedm'ry tnterest. �
<br /> ' : � Bartower shan elso ba in defauft H 6orro��rer.diutnp the lasn apDIImUan pro�ss,gavg rt�at�iaIIy iafse or tnaee�ate rtrfcmiatton or statem�rds '
<br /> to l�der(ot faIled to pmvt6a lendv wtth erry matErtal intem►�tton)in conn�tifon w�ti th0 toan ev(denesd by the 6�ote,inctud'ing,but rtot r
<br /> : . . � C-mfte�to.�regrese�ttens canoerr,ing Botrower's ox�an�y of the P�o�rerty es e pAnc�at restdenoe. ti thts Seiwiry tnstrumait is an a �� • -
<br /> leas4hold. Borrowd shaD eomp.y wM efl tha pm�dstons of tho t�se. I! Bonower acqu'ues tee tiile to ihe Fropdry.the ta3s¢hotd and the � '
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<br /> • . � tee t�Ta shafl nat merg�un:ess the Lend�a�ee9 to thc merger In�m'ting. . • �
<br /> `� Pa¢e 2 ot s ecv,.e�n?4,�? : - _ -- . . .: ..
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