|
T , i `` �Y,��'' g ti ,.;. r. �5:�-.i��_'
<br /> ;,� " . ,•�` � �. .._? �-�z'±_ - - `'` -s ,`. '�; �.aaw��ry-%- - -
<br /> • , . , �.a• <' � r " i ' tr �.��. r. — -- �.
<br /> '� . i Z-� a . .�" " .5 ,'q-.f,in.i.� �� _ — - — _- --
<br /> — i �4�. � , . . � __ .
<br /> .� �. s , � � - _ � � . . � ,. �'��}�� � � _ -
<br /> �[ . .� �����`i�DRb��. • � _ . —_
<br /> ,�. ` • IsrtQ�mtY.u�Y t�caf�c4 and AoA Wn�s h an amnuc►t naE to�eeed ihe-�um ��. °- --- -
<br /> .4. ' :� ,.. . . L.��.,
<br /> ` b�n mey�quVa for San4wa�'a esc�ro�a accam►i under the ied�l Ree),Estu�Sottix�n!Woseduras/6ct.a!t974 es a�r+de�fgam 4#sw to. � _ ---
<br /> -�`:'� . i.-" •� , tino.12 U.B.C.�Ot.�t a�Q•(°�A"?.�nte33 anathes�ur thaf i�Les to tht Funds 6eis a isa`SeT amounL ff so.Lender msp.t!1r�Y t�s�, --` _ __
<br /> ; .=:- ',� co�ct and Q�otd Fitttds Q►� anount n�ai to ea�eed tti� 4ssR.�nauc►t tsrtd�msY e�t Y n e t!•t ha emaunt 4i NnQS Qn�on the trast�.ot � .i.,�..T- _
<br /> � . < .�rt�nt dRts ard�tsaaibt��attmat�a a�a�eadfinras o!R�tura Eacrow ltarr�ar ath�wi�a tn tccardenca w8h aDAA��faw. ��r _ --
<br /> i •�., � dR - —
<br /> • • TM FttqdL iM1 N.MW b ail h3t$tU7A W'h�W de0a=ls�6fiY�iO DY t�!Q/[[Cy�h371i14iNlta$Y.a�anUh,�(inaUdins LgndQr.B z�5 y� ; --
<br /> . ' . , TM k.: � � -_
<br /> r.' ., .
<br /> . .L�d1r Is WOh N inst�Alon)or b MY FeQaal H�Loan Btnk. Wtdst iMY appiy th�Furtds to PaY Qta Es��tow Et�ns. La�dsr nna71 not . ��s ��^�. -_ '
<br /> - ;. .�� . % � :�. . .
<br /> . ChWr Barrow�r Por hotdhp vtd�pptyin�'tfia Wnd�.�nrwdl/�0 �'�w azcaimL er wr@llhg ths Esaow Itsin�7.ur�lesz Undf� ,� r�ig_
<br /> � . • � paya Barrower 6ntusat on t3�s Funda er+d eppQc�bfs law Pe�Laaider to makR`auCh a cNsrgw tlowaver.L�cd�r maY�e4aYs Bc►ro�rer to ;�� � j�� �=
<br /> <�, . � . . RaY a an�ttmo eh�rfla tar an(ndspenQ�t raat 65ffita t�r�eDorth9 senA�used bY i.eadar tn Cannacti�n wkh Nts toan.unisss epy6cabb faw� . =- ,:<� .�.
<br /> provi6�as athenvtse. IJn18s9 A11 8gteesrsn!is ma6o A� N,py6C8bT� t8w wquiras tniecast to tie psbd. I.�tPe► sha�not be �equhd m �1► ,:� - � 7'.
<br /> - � 8ar�a:�a aa���ar e�ntnQs Qa the Funda.8arrow�ana Lendsr may�pree h wr3tnA havsrever.that htarest sha0�paid aa fhe Fun�a -.
<br /> � [end�s sAa9 g.h�a to Bcrrowor..w8hout ct�en snnua!a.cccun�Tn�ot tha Funds.ehawin�cred3s end debBs to the Funds dnd 4he purposa .-�: F - ;`_�:_��
<br /> � .' �. ,� for which eaCh deBB tn th�Funds wes rtsade Tha Fw�ds 6re Pkd�d as add3knet sacur3Y far aH sums secured by thls SeeurBY Nst�umenL .; � '.�`"�: -
<br /> unts Sted to�h� Astd �y aAA�� law. Lercd,�sha0 account to Borrower !ar the �_.:. t ° ' � f`.�_,-
<br /> ,,' �.:. . . i!ft�s Wnds heSO by Lend��eed th9 Bmo perm t� '
<br /> - � " � wccA58 Fimds fi ec¢ordanCa w8h tha repuYem6nts of aDD��law. U the emaunt ot Na FunQa haid OY Lsn�9r at�t►Y t�na Fs noi sufftCiant �":.��:. ._ �.�..�;_�:�:.--..�
<br /> ' ` tn psy tha ESCCtow(tems wh�due.i.�der rttay 8o notSy Bmrowet h vn�rsp.an0.h suCh Cass BOrrcwe�shaA pay to l.�der tha em0ut�t r:7�',t�.�-:�:.:�'.:,'�.'- s_
<br /> ,. s -, .:�
<br /> • �' tha daticten . Bartawer shsa mako uD tha defietencU h no more than twel+re mcnthN PaY�ts.a3 Lend�fs scie � K Sw . �,,,�_.�'."�
<br /> . • rteaes5=ty t0 m9Sc!uP �Y �' , •:,�_._ --,_�. -
<br /> . d�atlon. . '` ,i:���
<br /> ` ` Upon payment In N� ot a9 s�uns sacured by Ws Secur3f► t�shumen� tsader sha0 promDttY refund W Bortower any Wnds �ei0 by � � r.x..ar.
<br /> . h 21�.L�Q�shaD ecquire ot 5e0 the ProD�f/.Lend�.Ptior to the Bcqulsftion at sala ot the Froperty.ShaU ePD�Y �{ t�=;=�:��
<br /> _ .._ �d� �und�r P�D t'', b;:;;.�w�»�:�-:
<br /> �,�' . amt Funda QSid DN LsrtQer at ths t�me o!ac4uisBton or sate as a credb aga6ist ffie sums secured by this S2cur�y UsWrrten� � � `y . � __
<br /> � � 3.l l p pttcatlon ot Reymenta. un�ess apv�reab�e iaw v�ov�aes ocne�w�se.an varmenes cecen�ee by i.encer unaer oera�ravns��a � �:,�..
<br /> ' y � 2 sha8 h�s�y�e�fUS�to anY P�D�eM��'Ses due under the Note;second.to amounts paYahia under paraqraph �thUd to 6ite:est , . � '• �"-
<br /> . �'` .`.
<br /> • ' Que;Pourth,to princtpat du�and tast.to arry tate chargss due under tha Note. . .-• -
<br /> -" . `, 4.Clfaf$�;UCtI�Botraw�SheU OaY SB te�s.es5essments.eA8rQe5.fines an6 imPo58Ians atV�butabte to tha ProDe►tY whkA maY .._ ;,:''F:`i.-
<br /> .. ... .
<br /> .. __
<br /> _._,.-��=---.-.._ .__._.._ ..........---._...--....------�-- -- - -
<br /> '. : .. gtffi4►prtprRy over thts 3eeurIIyi tnsmiriien��end�teas�+otd�D�y�ie"t�or�qronnd-rents:B any:-��Borrower-shatl-pay-tT�ese--0btlgatlans.ln-the-..._.... .- •: `..+"° _
<br /> . � �. menrter provided tn paragrapb 2. ar N ao! paid tn thai �.�ner, 8arrawer shall pay them on tTme dtrecttyt to the p2ssan owed vaY�ent ,. ` ''1,.: �
<br /> • � � Borrower shaU pmmpttp hunLsA tv�ender eU nottces of emouats to be pStO urtdsr thts paraBreDh- It Borrower makes these payments -` �y...
<br /> ftu . ,;•�'�
<br /> � � � � ' dlrectlY.eortawar shaD prort�tt�►wmish to Lender�eceipts evtdencln9 tha oaYmen�. F.:.,.�f'�+�'- �
<br /> •. . . • h
<br /> . _ . ., ... . ..
<br /> �_. ___ �.---'-- Barraxrer s�a8 OmmAt�l dtscha�e enY Qen which has P�►a!I over tnts,Sec�crftS►kisCmr,ent uni�s Borrotiver:(a)eS►ees tn w�h9 to the
<br /> �•--��'��!
<br /> - - � j<'
<br /> - . �• paymant of the ob4Datkn seau¢d by the Qen b a maN►er a�ePffihIe to Lsnder.(b)contests in good fn@fi the�en by. oi Qefends agatnst " �
<br /> • ' enfat�ement o!the IIen(n,iegal proceedings which h tne Lenders ophion op�to prevent tha enfo�ement ot the Qen;ot(o)secures fram ":-� ,�.. --} �� :
<br /> , . - . . th9 hold�of tite Gen en egreemeM satisfaCtory to Lsnder subordfnatiRp the Gen to th(s Securfty►tnsbument [t Lender determtnes that enY � � : ` ,
<br /> ' • '�:
<br /> ..-- • - part o1 the Pro�CrtY Ls subject to a Gen whicA may aitain Gdo�Y ovar tAts S e c u R t Y instrumen t.L en der m aY 8 t u e B o r r a w e r a n o t i e e F Q e n ti f y t n g. �.' . _. . "
<br /> .. � the Uen. 8�shaU saUstyr tho Ilen or take one ar more ot the acUons set torth atrove wRhi�10 days of the g1�a�g of noUce. � '��,
<br /> . . en
<br /> - � 5. Hazard or Fropeary Insurance. 8orrower s"�a0 keap the tmprovements now extst►ng or Aereafter erected on the Property i. � _ .
<br /> ' insurad agatut toss by ftre,t�rds tncNQed wfthin the�"exiended Coverage'and�sy other ha�ards. inC9�dir.g f�ods or floadtng. fot t ' ,f�
<br /> , . . . �,;,�, .
<br /> ' � whkh Lender requires USUtenCe. This insuranc9 shBU be ma6►Tahred b t�e emounts and fOt the peAods tha!Lender raquUes. The Insur�ce . „ .
<br /> �, � ' oarrie�provTdNg the tnsurance ShaU be chcsan by Bortower subjact to Lenders ep�roval wrt�h shai not be unreasonahy wfthhet0. U � . - - � g.; � �: -
<br /> .;. f
<br /> .. • � � Borroxrer fa0s to maintah cm►�ep9 descnbed above, tender may,at Lendefs optlan.obtafi covera8s to protect Lendee's dghts In the f . .• .�: : ��
<br /> . '" • . Property tn aCCOrdanCe wdt�parayr�ph 7. •`,
<br /> - - � AO(n5urance poUcies Bnd renewats sha0 be accaptsbie to Lender and shaA inctude a stenQard mortgage ctause. Lender sha0 �ava the f' • ', �,�a
<br /> � �ight to hotd the poRcies and renewats. It LenQer requires,Borrower sha0 promptry give to lender aU recetpts ot paId premiums and Bnewal �� " " :4�%:;�
<br /> • . ,.._� .. .
<br /> notiaas. tn the event ot loss.8orrower sha0 gtus ptompt notice to tha insurance carrler end LQnder. Leader may make proof of loss H not , �� ' ..��f�� . •
<br /> mad9 pramptry by Bortower. I ' . .. �
<br /> • ' Uniess ienQer and Borrower othenx(se agrea tn wr�.�s�,Hsurance proceeds shaD Oe applled W restaratton or repab ot tha PropeAy . � � � - . �
<br /> •� �� ° • Cartiaped, H the restoratton or repatr ts ecanomioallyr t�� and LenCers securRy Es not lessened. It the res:arsNon or repair fs nol , �±
<br /> • ` '� . � eaonomica�y feasbi�ar Lqndets seeucttyy woutd be lessened,t�e hsursnce procesQs sta7 be appl(ed to the sums sacured by thts Secufiry � • � �f
<br /> t , tnsuurt�en�whether ar not then due,with mzy excess paid to Bortower. 0 Borrowar abandons the ProDerty, or eoes not ansv�er wfthin 30 �• • .� .. :_,a�
<br /> � days a notk;a 4rom tsnder that the insurence cartlar hes oHered to setti�a ciafm,then I.endsr may cc7ect the Nsu►ance Droceeds. Lender ' �' � �.
<br /> ;�. lf
<br /> ' ' ' may use t ha procee d s to repa Y o r r e s t a r e t h e P ro p e rt y o r t o p a y s ums s e c ured b y Nis SecuRy Insaument,uuhether or not then �due. '�Ne �,
<br />- , ,- --� �- 30-0aY DeAod wiY Depb when th9 notice�pNen. � .
<br /> � � Untess Lertd6r�d Barow�othe�wlse a�ee tn w�hg.anY eAP��n of pmceed9 to pnc�(pal sha0 not exten0 or postpona the due (
<br /> . � data o!thg monthy payments reterted to b para9raDhs 1 and 2 or ChanQO the amoun!of the payments. If under paregrapA 21 the Propeny I , • .
<br /> • . Is acquYed by lend�,BOrtowers rtght to eny insurance poUctes an4 p�a3eds�esuttinp Bom damaQe to the PropeRy prior to the e�.vis�ton � .
<br /> '.,`; sha0 pass to LenQer to the e�ent ot tAe sums secured by Mis Secur�y Instrument Immediatey prior to the acqutsRton. .
<br /> � � 6. Occupancy� Preaervatton, Maintenance and Protectton of tlse Properry; Borrower's loan Applicat�on; � . .
<br />- ' . . � Leaselwtda eorrower s�aa occuoy.esmnrsn,end use the Property as Borrowet3 prEncipat residence with6n sORy days aRer the execuUon i .
<br /> � � ' • p}thb Secur�yr(nsWment end sha0 contlnua to oecupy the Properry as Borrowers pnc�ipel restdence for at teast orre year after the date ot
<br /> � occupenay�unBass Lender otherwtso egress In vn3ing,whtch consent sha0 not be unreasonaby w�thhel0.or untess eutenuaUng C�cumslenc89 j�
<br />" � exlst which are beyond BaROwets contro! 8oaower shAO not desUoy.Qamage or impaY the ProDerty.al(ow the Proporty to deteriorate,or � •
<br /> • !� ° ' comm�west�on tAe Vroperty. Borrow�sha0 be in defaug N eny fortoiNre acllon or proceedinp,wtiether ctvU or criminab ts Dagun tnat N
<br /> � .. . °�. � ' Lenders Qood fattN judament couid.resu� tn (odeRu�e of the �rop�ty or otherwtso mateAaUy impatr th� Qen created by thts Sscurlyr j
<br /> �.� _ � . tnsWment ar Lsndets secur3y interest. Borrowa►mey cure euch e det�tuQ and reinstate,as provided h paregraph 18,by caustnp the acUon C
<br /> x, . or pr0�9edM►p to 0a dEsmPssed w8h a tuCn�th8�H Lend6le yood faith determNetfort.precl�des torfekur3 ot the Borrovrers tnterest tn the i
<br /> � � ' � Proyerty or othet mstedat impairment ot tha Ibn Created 6y this Secur�y fnsbument or Lenders securdy Intotest Borrower sl�ail atso ba in •
<br /> ° -� datault H Borrovr�. Quudeg tha laan appllcaUon process..gave matafiaty fatso ar tnaccurat�Infortna6on or statements to Lendar(or taited to � -
<br /> tau d
<br /> _ . provide lenQer wdh eny ma3edat htormaUon)U connection wiU�tne taan evidenced by the Note.IncNding,but not IUnneO to,�eyresentatlons � •
<br /> r �,. � �, concamD�� Borrowe�s occupanay ot the Property as e prU�cipal ras:denes. If thts SeCUn'ty tnstrument ts on e tessohotd, Bortower s�a11 � .• . ;, �
<br /> _ _ ____ _ __ , comyy w8h nD the provt�bns of tho fease. 1!Borrower acquires teo Utb to the Property.the•feasehotd and the fao tftla shaU not merge � . . ,
<br /> _ • ' uniess Lender aflrees to th0 merger in wr�9�g. • .
<br /> . . . i
<br /> .. . . I •
<br /> • co��+aaza oroo � .
<br />,:• ; ' : . _ .'. � . a�aov.t�en(slo�) • v��a oi s � �
<br /> . . . . .
<br /> . ;„
<br /> :'�.. . . . 13A78D � ..
<br /> , � C
<br /> , ,
<br /> '��, . f .
<br />
|