|
, _ . �� _ . _._. .. _
<br /> . �t�.i._F r � �A �. ... " c y ` - [. � . ... Y .. .L . .�Y E YS- 'y.:.r'+ �� � 4` ��-..
<br /> .a. ,�` � r `,� s 4° ,". ' �
<br /> � ' � `F . )y _ � - � ,.t r ... . - . � � . . 'r • ' � - � Y , ' . `c
<br /> ' �i . 'i'.. :t' ' . , . , , , , . '.�, .. . , ! „M�w,:� _
<br /> <
<br /> .. �" . � . r. � . �r � ��g�!-� . . . _
<br /> � . . �.4��� . -
<br /> �� Y. k`..` r. .= ' . . _, . --
<br /> • • • � .�.: , npt to �d the ct�6num aaa►aunt a lendar (or a te4acaCy raSated mo�e to¢� msy�equtra fbr Baaoxre�s eserow eecaunt under th0 . _
<br /> �'; t .. h • � fe63ra!Rsal Estats S82tJemenl Pcoced�res Act ot 197rf as amsnded lram tirrta to tiae./2 U.S.C.2601 ei seq.l°�A'?.unieas enotfler taw • ���' ,.� :,; :.'�
<br /> � that apy3es to the Funds sets e te�sar emoun� �t eo.Len�mcy.at a�r ttna,eo5on!cnd hof0 Fun6a h sn emaunf not to�acaed fha , < < < �
<br /> ..4 `- . � � tasser mmounL L�der rr+ay esthtata tho emoune o1 Nnda dua cn tlu O�stt af cvrratt Qtffi En0 rensm�aLta eet�nate3 0!exp�ntt�ures o4 . � ' � . -
<br /> . . . Niure Es�ow(tems ar o�enxiss 6►ecoQrQas�e vr@P�eppticaDf�law. • ' ,
<br /> . . ` � .� - Tks Funds vAaB 6a hetd fn�tn Mat�tion whosa d�pasBs m hswod b1f t hduW�a1t.��Y.ar�ent@1►MaLdInO tander.B ,
<br /> �. •
<br />- �• , lender ts such an tnst�utian)v L�anll�O�cma t,asn Hask. L�+Qer stuf aPRh tho Funds to paY��F�cco�Stertu�. L�csQer rtuy�t ''.�,; �F .
<br /> . ' `. - charge Barroerer Por hotdtnp arad eDD��t�d Funds.annuaRY�eNsirtQ tha aserow ecccunt.or ver�ytny the Esarow Itema.unkss t�tdet '.
<br /> � • . pays @orrower 6►tare�st on the IFunds end a�pQcab�a taw perm8s Lendu ta mak�auaA a cha�s. Kavrsvar.Lan�r may raqutra Borraw�r to' � -
<br /> . ..'. _.._ � � : pay e ano-ttme c4�scpb tar en�d�pendent iaal estata ta�c raporNng se�vk�used by L,ander in conrteoUon v}M th�s to¢n,vnless aDWlcabFe faw ° . . `_.
<br /> -;�-���---_��-- praviQss otRenvise. untesa en epraar�ent is maGe ar eypa+;ebta �aw��as t��sst to �p�d. �s sAS�noi bs��tred ta D�Y -- _
<br /> - � . � Borrower er►y�iterest ar eunfngs cn the Wnds.Borrowar end LsnQer may aq�tn w�frtQ,howax�.tAmt int�rest stiafi ba patd on the Fimds. .�� :: � .
<br /> ,. . � LenQe�stsaif ghra to Barro�.wahoat charge.en annual aceounti�g ot fha Fvnds.shaWh9 crad8s end dsbRa ta N9 Funds 9nd the purpaaQ _ �' �' ." - �
<br /> ' _ .. ` �-• (or whiCA esch deD9 lo the Funds w8s m8de Ths Funds are P��IIed es aQd�asU securBy far as sums secured Oy this SeeurR7t fnstrumonL ' .-._,•�;~.�..��z=:z_
<br /> � :; ��� -=
<br /> , If the Funds.het�by Lender e�ccaed the emounts psrtn�ted to ba he�Dy agp�caht� ta�v,L�der eha9 account to Bor�awar far tfti � t'{=,=;;�;.,g}����.�",
<br /> • excess FunQs tn accorQance vr�h t�e eequirwnents o!appRcab�law. li ttee amaunt at the Funds heid bY�+►Qer at enl/tN��eot�uffie�S :��� �:.-
<br /> . .: ,� .:: to OaY the Escraw ttems when dua.Lender cn�►so aot�1►Barrower tn wrtlnp�end,h sucA cesv Borro�rar st�aH PaY ta tAndar t�a�mount -���-g----
<br /> • � . '• . .. rteCesaery to make up the deficlencY. BotroWer eha9 meka uP tha deticTencY(n ao tnflrA ihan tw6be mOnthry PaYmenU.�t Lrtt�s fOb � --
<br /> , . �;,�u_ -�-�-_.
<br /> ' dlscretian. —_--
<br /> �� . . � �'•, UPon palrmenl h Nll ot aU sums S9curad by this 3ecur�f► fnstrument.`lender sheD promptJy �efund to Borrower eny Funds heid bY =--
<br /> • . � � I.ender. if.undar paragraph 21,Lender sheU aequUe or ss0�the FroPerty►Lender.Prior to Ma acqu�kion or aaf�ot tli�PraD�f1,ahtN appty - -
<br /> � ' � • any Funds heid 6y lender at trie tlme of acquisRlan or safa es a cred�eQalnst the sums secured Oy tA[9 3ecurRY tnsbumenT.
<br /> , ' � 3-A¢PIICBtiOD O!BBytit@Rt3. Untass sOP&rebfe faw prnvldes otherwts�.eB payments receked by�l.ender undar Pu�Phs 1 acsa
<br /> ' �. 2 shaU 6a eppQe�tirsst.to eny prepayment che�ges dua under the Not� secaa�to emounts payaDt�undpr psra0tapb�UttrO to ht�t! ,
<br />_, _ � du9;fouRh,to prfnCipel dne:eitd tast.t0 any lat�CharQes du8 urtder the Nota �� —
<br /> - - --i._._.—_ . . . .4��ChBfg@8;�EIBIIB.-8o7row��stt�Q�Pay aD texes:essessments:"Ch�r�s: fines et10 ir�p08@tOns stb'9�f8bta to tft9 RtDO�Y wh@b _
<br /> -. " . mayeuaU�+priorHy o��sr c.his SBCUr4y tnsdumen�and�teaseho(0 payrt�enta cr�aund wncs.g arry. 8orrowar sha�pay these obBpttions�ths
<br /> . ' , manner Oravtded tn p�agrapA 2,or H noi patd h thfll manner. Barmwer aha�R�f►them on ttme dYectht t0 tf►e paraan o.+rb pty�nL ,
<br /> � . @ortower sfia0 Prompty fi�m�sh to Lender aA notices ot amouats to bo Paid under this Pare�aDh. It Ba�row�r rnakas thaw paymants ,
<br /> .. . ' N ,
<br /> � • dtrecttyr.Bomower sha0 promptiy lumTSA W Lender�eipls eulCenctry thY paymYnts. '
<br /> -- _ .' • Bortower sha8 p�m�Uy dtsofiarga enY Hen which has D�orRy over thts Secur�l►Insta►ment uniess Barrow�:(a)aQ�is b wr3i�p ta tha �--�
<br /> ; � , . � � paymant of ths ob6gaUnn seoured by tA�Uen b a e�wnnet eCCeptabfa W Lendei;(b)aontests h aood t�tf thg Ben Dy.ar 6�lrtQs apfhst ��
<br /> • � enforcer.sent ot the 11en h.teyal proceedfngs whkh i��LenQera osTnbn operate to prevent the ento�4 aL'Q`_e Iten;ot(0)B6CUns h�Om
<br /> ..� , . � the he:���o!the Itan en eQceement s�etory to tsnder subordhatiip the lieen to triis Securiry�.strumenW �B�nde�Eef�r�s that�ny • _
<br /> n
<br /> •. , part ot�a Property (s subject to a C�c;whic�may attetn pdordy over tAts Securfty InsUumen4!�'�may phra Bonower a c�i�J tdenUtytnO �-..�
<br /> � , � � the Cen. Borrowar sha0 satTsy the 11en ar take one or more ot the aCttons se!fORh ahove w8hh t0 days ot tAa 9Mng of n¢"�a. � ' �
<br />-_ ' ' b. Haz�rd or_1�raperty Insu�ance. Bacrower sha0 kee➢ ihe �nprc:�ents now existing ar here�i erexted on GIa Prope�:yt : �;,-,'�
<br /> • • insured e3ainst tass Oy EYe.bazerds IncMcded wIIhTn the term '�den6ed cover�age'ertd eny other harard9, (nciudfne Raods ar tbodlnQ,fot =
<br /> � , �� which t�ccler wquYes(nsuranca TRLs insurance sha0 be mahffiined in th�e�mounts and tor the peAods that I.ander reWUa�. 'iTas haur�nCa �
<br />� � � cartter provIdtnp tha hsursnce sheII 68 chosen by Borrower subject to Renders apptov8l whiCb s1uY no! Os unnason�Dy withMt?. If :�'=_
<br /> . • Bormwer taBs ta mahtatn caveraso descnbed ebove. Lende►may.at LenQefs optton,obtatn covara� W protrct Landars t$Rt�in th� .
<br /> . .: • Property fn eaCOrdane9 wRh pat8prapb 7. . ":•,
<br /> •_ � . , , . AII Insurance po�ales an0 renewats shaU be aceeptabte to I.ender and sha0lncWda a s�nQard moRpa�9 etause. LsnQar sAql hnre th4 _ _
<br /> � � ' dght ro rotd tAa poiktes and renewats. It Lender�equtes.Borrower shaA promptly�[va to Lender eH receipta o!patd ptamlum9 utd ren�wwal �
<br /> re
<br /> � ' " notices. tn the ever�t ol toss, 8orrower shaU giva prompt notice to ths Insurance cartier and Lend� I.endor rtuy mtic�proa/01 btf w nol - �=
<br /> , , . . � maQe prompty by Boaower. � __
<br /> ` � - Uniess Lender c�3 Borrower otherwtse egcee in wr(ting. hsurance procaeds aha0 be apy�ed to restoration or ropaY ot tha Propart3! °'°--
<br /> � ' ' Qamage0, if lhe res:�atiqn or wpat� ts economiaaly feaslbte end Lenders seturtdy ts not (ess¢na0. If tha restaration or fepeY Is nCt �.�-^— _
<br /> �• � . econo�r'saSy feasble or Lendo�a securiry woutd 0a tessened,the hsurance proceeQs shaY be epplled to the sums secured by Ihis 8ecur8y =- —
<br />�� ' • � . insWrrs�,whathor ar not then due,w8A eny excess psid to Bortowar. tl Borrower a9andons the Prop�rty.ot daoa not�nswor wRhin 30 ;� •=�-'•°. —
<br /> - � " '. QayB 8 notice iram LenQer that the hsuranCe carrTer Qos oHered to sett1�a cffitm.then Len�r mey aodeat tha haunncs proCeeda. l�aar •'��'�•^�=
<br />' • • � • ' `' may uso the proceeds to repaY or restare the Prs�r or to pay suma secured by th�Secur�y Insbumen�whelhei or not tfien duo. The • ��• �:,:,, '_
<br />,� � . . �._ .
<br />--- • 30�day period wID begn whon tha notca is gtvea ' �'
<br /> � • .• ' Unfess landet end Bortower oth@tw15e 8gree in writfng,any eppikatko ot proceeds to pf,r:ipal sheB not e�cten0 or pc�ono Iha due : �
<br />-,` . � • date of the manthy payments reterr�.o in paragrephs 1 and 2 or chnnge the emount ot the��yments. N unCer paragreph 21 tha Property . �� ..
<br /> . Is acquVed by Lender.8arrowefs�y`i to any tnsuranc0 pa4ates and proaeeds�esurihg frora de:iaye to the Propertyr prior to th0 aaqulsRicn � ' , ��.�
<br /> � � . sha0 pass to Lender to t�e eMent ot the sums secured by thi9 Securftyr Insbum�2 i�^�madlateiy pdor to the acqufsiqon. , �� � . . '
<br /> • • B. Occupency. PreservaElon� MalnLenance and Frotectt�c� of the Properry; Borrewer's Loen
<br /> - � Appllcntton;Leesehotds.6CrrGaet sheil oCCUDY�esta�nsn.e�a use tna�openy ea ecr.c�rere ortne�a��es�enco wunh seny aays :
<br /> . . ° eftel the execuUon o!Ni9 Seaudty t�sYumen!and shaU conttnue to accupy the P�roperty as E_.z�svere prbfctytl rsatQenee for�t te�st one ,
<br /> , year after the date ot accupancy.uniess Lertder otherwtse a�reas tn wrft(np,whicb consent shSll not bo unreasonabty wfthheld, or unlass , .
<br /> -� � . � extenuatinp ctrcumstances exisf whkD ere beyond 2cnowefs conuot Boaower sha0 not destroy�QamagB c�r anpaY the Propeny, auow ttoa ,
<br /> � �. , • PropeRy lo deteAorate,or commD waste on the Property. 8oaawer shall be h Qetauk 8 any foRe�re acuon or praceeding,whathet ctuD cr '
<br /> , crimna� is beQun that h Lende�B good tafth judgment eaufd resuR in foReRure oi ths Property ar otherwise matefletty(mpaY the Uen created
<br /> ���( , ' ' by this SeettrUy fnsWment or Lendera sacuf,ty hterest Baaawei may eure suab e Qefauft er:d rehstate,es provl0ed b para9raph 18, by " � .
<br /> _ � ' � caushg tAe acUon or proceeding to ba dismissed wiib a ruQnp the� k Lenders goad faith determtnatton� precNdes toda�ure of tho � -
<br /> " �'��� . . Barrower's.Interest in the Proparty or other material 6npakmenl o}tha Qon cronted by thts Securiry tnsWment or Lendefs eecurtty Interes� •
<br /> _ �r� � � 8onowor sha0 elso bo tn defauil H 8orrowar.during tha toan cpplicatton procesa,gave materiaiy talse or tnaccurate Intortnstion or st�temants
<br /> � ._ , to Lendar(or taif�ed to provlde LenQer with iu►y,mater(al (ntormnttan)In connacUon wttA tho toan evidonced by the No2e,incNding,but not . . �
<br />- � amRed to. representaUOns concemin� Bortowafa occupanay of tho PropaAy es a prNcipal restdence. tf this 89curRy Instrument ts on a
<br />_.;' �, � ; . Ieasehotd,Borrow�sheU compty wlib a0 the provislans o!tha iease. I! Bortower acquir�s tee tttt�to the Prop9rty�th9 t9asehotd end the •'
<br /> �; .} �, fae Ut(A shap not morg9 untess the Leridar agreee to the msrgar�wrlthg. � ,
<br />_- • ,
<br /> .�� ' . . i .
<br /> --� : . � ----� ' aayo a�s c ' Foms au'� I.. - - - �.::
<br /> ,_- _. . .
<br /> .. ... ' F�osa.��ao��otw) r-.--�_.... .
<br /> � ... . I
<br /> , : ' I � •
<br /> r� : 't
<br /> 3` � • 61 �� _
<br />
|