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<br /> 1`: ' -• . . Ft . } . .. . . . Y . C� , dT. U �_
<br /> �v -.. i' - 6` � �, •. 4 '� ' 4`' , _t . , F_ • `:- . . a . .�t- ' �m.+ . � , t; .e a�yc� t c �, • .. _.
<br /> , <; ��� �-b - . . • ;s; . � � ' t` �'" r'_ `� - ;r " ,
<br /> -�� 'f 1. ��' < . ,( . . .�.4 . . c�.—
<br /> ---:k 44 �:-'.��u:s�: ..� '`� � o-.
<br /> .Z �, �' �.�: . . _..,L, . . ` . •�-'� . --—
<br /> `,ti� � c y . 2� r � . � �. . � __-_
<br /> -. .. c.`K - . - ' � � ` Q'� --
<br /> - _ . - � . T&e-Funds shali bz Eceld in an i�ssitution.�whose d:posits ase omc I.oanyBank.[_.�c►t�icr ah��ay�}�!y the�l uilti�to p��hc ' . ;� ,.� �`'
<br /> _ _ _ ('mctucfing L'ender.if Lender is such an institutian)Qr in nay Fedetal�H tt�c!'un�s.unflually a�ta!}a!r!;�I�IC Cth�liSi�l��ljUnl,ur • :�:.� . --
<br /> - •w4`: '�. Escrow Itea�.i.eczder may aot c�a Bomrnver fot 8olding at�d epp Y�1R Y `. � -
<br /> .e
<br />-- . • �, • verifyia�the Bseto�v items.unlesg Lender pays Borro�vcr intemst un!hc t'unds tut3 applic�tdr la���s'ia►t�a iac�uler tn n►;�e Fuch _
<br /> ', � �� � a charga However.Lertder rts�y reyuise Sorrocver ta pay�one•tit�te rt�arge PEir un inJcpcadent tc,d c�t:tte t.y��rp��rtfn�t ts�vi�r ��
<br /> ,;�• �, s used 6y Lender inires in nt�erest•t Qse aid:tLemfcr sh:ill aY b$�calu au�d p�p�Y p��rruvMr+c►!tnii�c���"e r�mimc�u»+l�ic f`d dv. , � •� . �
<br /> BFPUcabte law requ P, .
<br /> Borrower.and Lettdet may agree in wntin�.howcvst.that int�mst�hull he paid un Ihc'[�un�1;. i�:itittr�haal gi�n t}►ttnr�iwct. . ._ �. �'..�-.
<br /> �h
<br /> - � � witt:oue d�asge.an awnal accaunting of tiie Funds.stiowin�cre�its and dc�it+tu�hr i'at�si�niu!�ke�tut�zis� (��r«tei�h r.�ch • . , . ;'_
<br /> w
<br /> � ' debii to the Funds was m1de.'Che Funds are ple�fged ns uddit�onat sccurity[or all li�:►hl�tu k�liii Icr.i atl:e�i�,unt ia�it,�funscr . . , �'_
<br /> � tf the Funds held by txnder cxreed the amounts prrmittsai to be het�Uy app ' - __
<br /> for the excess Fimds is►accor�las�ee rttth ifi�c cet1��;��ef c�pllrable Inw.If the tlmt�uut��t'Iltr f�u�kl�hcW t►Y i.ctt�tar at uny ��
<br /> ; � . dme is rtot sufticient io pay the Fscr�.s�Itcros when duc.Lender may so notify ifurm�rcr in«rilii�.uu�i.I!1 Rtl��)f:c15L��it4ftltYCt Y
<br /> S -
<br /> shail pay to Lea�r ehe amount ne�ary to make up the d�ciertcy. Q+►rru�+•er+huli nktke►tp 9itc�tcii►trn►y iri tHi nmc��h:�t • • J- �
<br /> . ' "� c � twelve mnnthfy payments.at Lender's sole disctetion. , • "� . .�'°=
<br /> - r 1�'�?` Upon payment i�r fuil of a1I sums socured by this Security instru�ncn�. (.ct�dcr�ttuN �ttn�urtlgr r��+uni t�►It�itr�n�cr anq :„�:z., , , .:: �',._�
<br />-��,. ,�s 't Funds lutd by L.eadet.If.undar paragmph 21.Lender shall ar�ui�or seU�hr t�to�cdy.tAaidcr.��rlut to Itta nrc�utriti�►tti ur�nlc ,G. � r`
<br />`�• �� . � of ttte�ioperty.shall apply any Ruads hetd tsy E�r�st t��time E,�'ucquisitfun nr�;►Ie nx u credit��;ain4e�ti�:�e�rng s�iu��`d hy _ t ' i
<br />- � � ' this Sewrity Ipsttu�nt. . r �.
<br /> _ . , 3,Ap�eation of payments.UNess applicable ta�v provides other�vise,nll Q�yment.rcceit�eA tiy �.en�l�t undsr���ahr�!p��r � `� -
<br /> � 1 and 2 shalZ be spplied:first.to any prepayment ch:erges due undLr the Notc:eccund,tu untnutu�payutslc auQcr p:�r��raph 2: p<> "_���_
<br /> t
<br /> '; ' d u r d.a o i n t e r�t d u e;f o u r c I�:t o p r i n c i pal due:and last.to any latc charges duc undrr�hc N��tc. "` "`� -
<br /> �" 4.Citar�es;Llens.Borrower shalt pay all taxes. assessments,c h atgcs, i 7ncs a n d i m p u�i t i��n r u t t s i h u t a t�t e t�r t t�c��r u�C ri y � � _ _
<br /> D�Y `��<.:,�,._s=�__-
<br /> auain riori aver this Security Instcument.an d tea+c ho t d pay m$n t s o r g n�u a d rents, if on y. Ii+�r11�'���1�i�tl '-��
<br /> ,• which may P tN ..':'�-�-�---
<br /> .� ;;,;,�,;; ..:�, these obligations in the manr►er provided in par.�gr�ph�.ur if nat paid in that mactne�,florro�ver shalf pay thcm Y .•� , `,_��_I=-
<br /> ' ilTf:: . __
<br /> �' to the person owed payment.Borrower shall promptly fumish to Lender aIt noticcs of amnunc�tu hc paid undc�thl+paia,3ro�h. _
<br /> �.:�:-':::�,,,.� . • -
<br /> ` _...:;�����_.: `• ig gorrowu makes�hese payments dicecdy:@orrawer sha11 promptly fumish tn l.cuder rereipts eviQeaci�g!Ge p�y�tcctt9. ---�=
<br />>.�-'�� `=��="'��� ' Borrower shall mm d disshasgeany l�en which has prioritY avcr titis 5eturity Li,trusiie�i ut�trss!{.�sn�ts°r:l�!t!�rec.r in � �: _ Y,�,
<br /> � � , wr:ting to the payment of the o6ligation secured by the licn}n a manner itcceptable to Lender:lbf��ntcEie iii�tant faitb thc licn ���—,�-
<br /> �,°, f::"- `�w � P P Y ---
<br /> -:j � c�_,�,r,y-,.<..,,.•'.� ' , 8
<br /> .;�,;,�;�;.f., r. by. or defends aga�tcst�nforce�rtent of the lien in. legaS proceedin s which in the lxnder'K apinion u��t�ta te►preccet Ihe 3 .... -----
<br /> � ',"T#���4�� enforcement of the lien:or(c)secures from thc holder of the lien ar agr�ment satisf'actury to l.ender�u�»rdinatin�tl�(icn tn .._ � .__
<br /> ..'',.�.�;�;�`'r� : ,r:,Y...r.,,.
<br /> .'�`•=r�s.�t.` this Securiry Instniment. if Lcnder determines that any Qart of the Property is subjcct tn a licn w3�irh may aitatn prtatity a►vtr ,. . .���
<br /> ����..�,<,.,�::.
<br /> �''}• :. . . this Securiry Instrument.Lcnder may give Borrower a not�ce identifying the licn. Bonnwet shatl e:►ti�fy thc licn ur t��ke onc�tir� -_--_
<br /> y� ;�;. : � • cnore of the a�mons set forth ubave witMn 10 days uf the�iving oi notccc. � ,r
<br /> � r ^ � � S. Eis�ard or�+ngerty lnsurance. Borrower shall Euxp the improvements no�v e�istin or i�crcat�rr cm.tcd nn the _
<br /> .. , � �, � ,- .r;ll� ��.._
<br />:_�-��cc.-ar^�-�=r:�w::: .:..:, - - : -�rv�c��iy�-�a�:�3 agai�t:c�°�y fac. A�a_s�^,.,�jsttle!!�iiltf�the tecss�°P�rPn�i���vor�sec" .viy nitur lwl�rJy. nch�dio -- _ -
<br /> .�.:{, i•.�!� rM> i
<br /> 4 �l('���y��..1;�l�.�')j �. floods or Aooding.for which Lertder requires insurance.'[4�is insurance sh:dll be maintainrA i.n the ancuunls u�tJ fi�r il-ic per u�-- -,. �- - T�:�
<br /> � )i�l�rrr���'I�tSJ�r�fY, ' , • +� ,
<br /> �: :. ..Y�, that Lender uires.The�insurance carr�er providing the insurance sh�ll be chosen by�ortower subjec►W t�nder's nppr+�tia�
<br /> , ' '•t�"���'�'�'��� � which shall not be unmasonably withhcld. Ii Borro�ter faits to maintain wverage descri6ed nbove. Lcrtdcr►ruy.�t {.ciuicr'K •_��-:
<br /> y�' °�»Y�,•``;�.?'"°�•'.`� �. • o tion.obtain covera e to proteci Lender s rights in the Property in accordancc wuh RaraEraPh�•
<br /> %� '� �;'� .'>• .. p Ap insurar►ce policies and renewals sha11 6c accepqble to Lender and shall include u standurd mnr�gage clause. I�nder .:�; �
<br /> ;,:, , �
<br /> -�' ri;ti' • .
<br />'� n,.r •.,;,, , shall have the right to hold thc policies and renewals. If L,ender requires.Sorro�vcr shall prompOY 6�ve to L.endcr nll Pcccipts nt
<br /> :;: :•.�,j,,;�j�z �d p�u�and renewal notices.Ia the event of loss.Borrower shall�ive ptompt notice ta the insuruece earricr an0 Lcnder.
<br /> ���r. p
<br />_' �' �'...:�t:ra:�3.,.. � Lender may make proof of toss if not made promptty by Rorrow'er. y ��•
<br /> "�`' ' -'����'.l' ��� Unless I.ender and Horruwer otherwise ugreP m wnting,inwrance praceeds shall be upplicd ta restnmtion or rcpair nf Qie - •
<br />�_,: ,�.�•'..: .•i�:�... •• . . .;
<br />-_Y` •ar�� " Property damaged.if the restoration or repair is ccanomically feasiblc and Lcndcr's security is not lesscncd.[f thc rrstnmti�tin ot
<br />-�;���;�;��' . ; �. • � repa�r is not economically feasible or Lender's security would be lessened.the insutance proceeds�hall be applicxt tu tNc�un�v �.,.:�,� „
<br /> _ ;';s,' � : •r;.<.` � secured by t his Securi ty Ins t t u m e n t. w h e t h e r o r n o t t h e n due, with an y eaeeess paid to Bnrcowcr. ii Bod'u�t'er nhandon�the , 4,
<br /> . .ti,. . ,.. i;,J:�r;' `
<br />�' � ��� Property.or does not answer within 30 days u notice fram Lendec that the insurance carrier has r�ffered to seu le u c laim, t he n
<br /> 'I'�"f�''`�" ' I.�nder ma y collect the insurance pmeceds. l.ender may use thc pracerds to rcpair ar restore the Ptnperty or tu p�y Aumr =
<br /> -� , ; .._ ,...,, .
<br /> r. �.,;� �'4�;;>;t •- � secured by this Sewrity Instrument.whether or not then duc.T he 3 0�day peri o d w i 4 1 b e g i n w h c n the notice is g�vcn. ,
<br />_�` �' �•' �` "'''"'` • Unless Lend2r and Borrower othenvise agree in writing. any �pplication of pracaeds to princip�l shall nnt extcpd nr �,,,l;.f`.�;_,
<br /> >.; :fi�t�..;��.�..: :', - ---
<br /> �; "•��-.7_:`. �' �'�_ � os ne the due date of the manthly paymenu:efened to in QaragraPhs l and 2 or changc thc amount uf Ihc pnymcnt.r. If - ��-.
<br />���' �'<<�''�"�t� •�,��'-. ' unde�paragrapfi 21 the Propeny is acqu�red by I.ender.8orrower's right to any insur�nce pnlicics anJ procecds retiutting fu�m „ - „r
<br />-,�d ����k�';s':�r`-:��;��'• '� o the Pro riy rior to the acqu�sition shall pass to Lender to the cxccnt of�he sums sccvrcJ hy th�s Sccurity Intityumcnt .�sj'r�4:�;
<br /> .,._ � .S ,. � damage t Qe P '� �-�.
<br /> '� .1. .,::`...r:_i:,;,... � . - � ;-�� .
<br />';�� --;.,Js;:,:. �. immediately prior to the acquisition. • . . • .
<br />--. •:-,;,<� ,� � 6.p�p��y,preservatlon.Malntena�ce and Proteciton ut Ihe Froperiy:Bore�o�vee'�l.onn Appltcntlan:l.rn�ehnldv. _ J=�-: �.
<br />�;:� .`�,'.�:;°.,� .
<br /> °,;i� . ,, �,%��� •;. �.". Boaower shall occupy.establish.nnd use the Properry as Bortower's principal rc�idence within tiix�y days after the exccuti��n��f • � '-'�',� #
<br /> � � '�• �• •'� this Securiry instrument and shall cantinue to occupy the Pmperty ati B�no�ver's principal residence for at Ie�..t�+»c ycar aRcr '� �
<br />�'): ^'F.?- � �• :!.' , �
<br /> - ������'����_• �" [he date of occupancy.unless Lender othenvise agrees irt writing.which consent shall nnt be unrea�onabty�vithheW.nr unle+ti
<br /> ;•. � ,� r.;�,,:.. . .
<br /> ' s,•�.� '. ' <i<�-• ',;< � extenuating circumstances eacist which are beynnd Bottower's cont�ol. Borrower shal� nat destroy. d;unage or impuir �hr „' �'`�
<br /> , •_ ' 1': '.:.r'I:;:•:4�:J�:::�i. .. . ' '
<br /> �c,• .:�.�• � Prog¢rty. altow the Property to deteriorutc.or commit wa5te on thc Property. 8�,nnwer�hall he in default J uny furf��ture .
<br /> !.1'-�4:.:�IC,:��l��.' ". ' . .
<br /> _ f,.�.,�.,,,;.._,�;�,�„";�;� ' action or praceeding,whether civil or criminal,is begun that in Leruler's gaud Paith judgment could rcsult imToNciture af the
<br /> , ,: pro�rty or othenvise materially impair the lien created by this Secairity In.rtrument or Lender'S secnrily intc�eht.fiomiw�c�may,
<br /> �':":';•:,:,;;�,'��,:,�.:. ' cure such a default s�nd reinstate.as provided in paragraph I8,by causing the action or procceding to be dismi�SCJ aith c�ruling ..
<br /> � n
<br /> °,''� �; '•:�'.:��+.�:�'��.�� that. in Lendcr's good faith determination. precludcs forfcitu�e of the Borro�vcr's intcrest in �hc Prnperty or uth,.r nuucrial
<br /> :�;,;,;?'�>:�%,;;':;L�".: impairment of the l�en creutod by this Security Instrumens or l.ender'ti security interest. 8orrower shall ul+u be in Qetiauh iC '
<br /> ,, �����j` 4t`���:�"';;�''� •' �orrower.during the loan applicatian process,gavc materially falsc or inaccumte inform�tion or statement�tu l.cndcr lur failccl
<br /> ?��°"�(,.`?tc�ili;":•i_� . .. , .
<br /> �.:.;;. ::r-�.�•,,�...� , ,: to provide I.ender wit;i�any material infortnatinn)in connection with the loan cvidence.�f by thc Natc.including,hu1 i�o�i�mitcJ '
<br /> '.;����;::',-��: '•,..y�;.:s to.representations concern�n�Borrower's accupancy�f the Property as a princiQsl residence.If�his Secutity Imtrumcnt i�un u
<br /> "`�� �• - '•�,�'�'`� Icaschold. Borrower shall comply with all the ptovisions of thc IeASe. 1P Borrower ucquires fcc titte ta �hc t'roperty. �hc:
<br /> '�`.` �" `�'' �� � �' leasehold and the fee titte shall not mcrge unless Lendcr agrccs to 1he mtrgcr in writing.
<br /> ,;.:.�, : •. . .,.� . . .
<br />_ ''��'•�•'r'''"�: '�,• ` 7.ProteeNon of Lender's Rlghts tn the�'roperiy.lf Borr�t�•c�r fails to perfi�rm the coven:inn and agreemcntr c�+nt:�incd i�� �
<br /> ,d•;a .�.iit�,�;�..�� n •
<br /> �l�i;i.._.., .s� .
<br />=4 �",�;, tLis Seeurity Instrument.or therc is n legal proceeding th;st m�y sibnificantly affect L.ender'ti riFhts in the Prupeny (�u�h u+.�
<br />=',� •.�:,�•��:,�.
<br /> , ` <<''4` � ' . proceeding in banlwptcy.�probate. for condemnztion or forfclture or t�o enforre laws�►r regulmin�t.thcn l,cnder n�y dr►um� �
<br /> �1��'��:,�����.��..:'�. :�:'j pay for w6atever is necessary+ to prutect the value of the Property and Lender's ribhts in 1hc Propcny. t�ctodcr's it4'111�11�(llay �
<br /> ���'+ � '�� jnclude paying any sums secuted by a lien which has priority over this Securiry In1trwnent, appeutu��t in c��un, �aym�;
<br /> -•� ��` �'�==-- ° r:,�::.s�ab2e.�!tomeya'fees and enterinF on the Pruyerty tn makc rcpairs.Atthough Lcndcr m�y take nctiun undcr�hi.���rag�,�ph . . ' ._-
<br /> .. .,�;'.;)�,�. ..,,: � T.S�nder does not have to do so. t _,_. _ ..
<br /> :�.�'���.� -• ptry amaunts disbutsed by Lender under this paragmph 7 shal{ hecume add�tion:J dcbt uf[lnrruu•cr �ecurc�l by �tut �
<br /> " �' .��.:,� ,,. ,�,�;miry inctrument.Unless Borrawer and Lender a ee to other tcrms of � ment.Ihcsc wuuunt��ha91 hc.,r mtere��fr��m Ucc
<br /> � �i:`,''�;: ': . .�'�;� •
<br />'"'' `�"��' � " Zate of disbutsement at the Note rate and shall be payablc, with intcrettQ upon no�icc from I.cndcr co 1luruu�cr rcyues��np; ! • •
<br /> � � ..,i;��: •'•��r:;: ; .
<br />_ ; ' .;.�1�.:� :�..•,t,, payment. g
<br /> .+�:••:' •:'�.; ,. S.Mort�ge Insusattce.lf Lender reyuired nto»gage insuruncE�a.9 o conclitiun of n�akinb Ihe Inan xv,urrd hy il�i�S�cunty
<br /> � '`�:`.'���<�•• r':'�.:' E>��trument.Eorrower shall pa�y the premiums rcquircJ to maintain Ihe mun�agc insur�nrc in cffcct. If. fut any rcu�.�ii�. tlur
<br /> . � j;;;�;.r'., �.; � .
<br /> , .:�:�rgage insuranoe covetgge required b�+Lcnder lapses��r ceascy[u bc in cffcct.Borru�vcr shal!p:�y��u p�emiuui�rr�iwrcd t�� ',
<br /> '. tt'':'��;+'��'.;�.:,•: . c��c�in r.overage substantially equivulent to the mortgage insurunce�reviously in effect.:u i�cutit�ubtiWOtially c�uiv:dcin tu Il�c :
<br /> -- �`::;;,.`:',`�-=-. - - c��s to-Bcfrnsuer aF i2se mn � Qe in�,rance greviously m ctfect. Itum an ultcrn:►te mottbagc�utiurcr approvCd hy I.�ndcr If , -___--_-
<br /> •. ��, � ;�
<br /> >,�,��•,t��;� . � ' , . Form 80a0 0�00 � •
<br /> . C:M�G1• �.. .
<br /> j,::;�_�.S�s � � • • ; .. .
<br /> -. ,• , ��I�;r;..i1.•".',��,' • ' ' �' .
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<br />_,(... i{f '_.l ()4� ,�..e�..�.. . . •ww�-.T.^_._"'„'�_I. • _..: .. . . _ ' '
<br /> � ^—..^`---^"°_"_"' - --_..__ _. _ _. ..�_.i_._ . ... ... _._ . ._____... . .
<br /> - -- . .. ��2� .- - - - - --. .,_.. � . . � . ' . . -- -_ � , . _, . - -- �' '- - —
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