|
•� ,i_�—.
<br /> T'_
<br /> F�=
<br />, � .., � ' ,� ;�}�f
<br /> .. . .. ._._. .... . �� ... „ , �_
<br /> 1 � ,. �
<br /> .. ; . . y 5�. ���€���n , �����_
<br /> ' not to �xo�sd th�n�uditwm amount � hndv tor � fed�nly �tad mort�pt ben maY re�tb tor Bwrowere eaaaw account undrr ihe � ,r
<br /> � t�Rw E�t�8dtt�on�nt Proc�rn Aa!of 1874 ae �mandad irom tMr�to tYn�,12 U.S.a.2601 et aeq. ('RE8PA•),unteao anaiha Iaw I "°r
<br /> thnt tp�Yss Yo th�Funds eeto �lna�a tmount tt so, Lender mey. nt eny Umo, coHcct and hotd Fund3 In an amount not to oxccad tho ,��
<br /> leaex amoutri. Lends� mny eatYnste the omount at tanda due an tAe basla o!aurtent daLS end aueonable catfinetes of e��endtures of �
<br /> - r•
<br /> tutun Eaorow It�rrea a otheiwlae h aocord�nc�whb apAkc�ble kw. '
<br /> Ths Funds ah�bo hetd in m heUtuUon whos�depoatte ore k�aurod by a tedaml apaecy,hstrumentaltty,os enUty(heluding lenda, 11 ' �
<br /> I.�ttdw is wch�n „ttitutbn)or b�ny F�a!Ham Lo�n Bmk. L.�nder ehi9 apply the Funde W piy the Esarow iteme. Lcndor may not �==°
<br /> charp�8or►aww Mr hoMiM►p and�pptyhp th�Fund�,annwly�n�tysLq th�escrow tacount,or ve�iryk�p the Eearow ftana, unieaa Lender ,
<br /> poyo 6orrowra tntcr�t un tho Fund� rnd 'app:a:blo l�el pamxn Lrnder to m�tco sueh n cherys. Howwcr. Lender msy roqutro BaROVnr to
<br /> i ��
<br /> p�y a on�cha►p� tor�n hd�ndent nd estaU tax rpoAb�a�rk� uaed by lender b cainecUon with thla loan, unteaa�ppWoabb law '�
<br /> provWee oths�wka UnMss �n apreement is mtd� a �WP�� 4w roqukca Interost to be paHl. lendu shaN not bs requirod to pay �.
<br /> , , Bortow��ny htK+at or w�►tnp�on the Funds.BOR01illf Nd L�Idlf tN�/R�kl W1I11119,hovave►,thn intaest oh�l be pNd on ths Funds. �
<br /> Land�r shal�N�to Baro�a�r,without chuQ�,�n atu�wl aocamtlnp of l�e Funds,nhowhp ere�ts and debite to ths funds�nd the purpossc ^
<br />_ for whlot�etch d�6A to th�Fundt waa made. The Funds aro ptedQsd ta ad�NNonB aecudry for aY euma aeaired by thfs 3[�ourtty Inatrumen�
<br /> tf tho Funda ha{d �y lendor exeee� the ameunta penrdttad to be beld by applieabb law� lender et�Jl account to Barower ta the ' .'
<br /> - " txeess Funds In aaoordinp wkh ths nquiranent�ot ap�bk Is►v. B tt�e amount ot th�FunAs hdd by Lender�t tny tlms is not ButAoteM
<br /> -� to piy ths Esaa�v Rma wAm due, I.�t►dw mty so eoWy Baroww in rrr(tlnp, and, In sucb e�ee Bortawer ahW pty to lender the�nwunt
<br /> - n�ary to m�c�up tM dNloUnry. 8orraa�►�fwN m�ks up th� dMcimaY U no moro thm tweNe manthN P+yrn�nts. at lender'e eole ,
<br /> �cr�lion. , .
<br /> _ UP� P�Y�►�st h fW of at wm� s�aurod by tl►� 8ecurlly Inabun�nt, I.end�t ehaN prna�tty refund to Borrowe►my Funds held by .
<br /> � ' tAniM►. it�undu qn�r�pA 2t.Undr sh�l a�ut�a s�M the P�opaly. tandr.Prior to ths ioqulatUon or a�te o!the Property. sha�aPP�Y .....
<br /> any Funds MI9 by l�ndK a1 th�tMns of�cqui�ltlon or�aN as a cre�t��inu th�w�m secur�d by ahb 3ecuriy inoWm�,nG ,�.,tr;;:+:
<br /> -. 3. /l�pUce31� �! Paymetete. tk�se a�pec��e tew prorid�a othMwtse�at paymanb neceNed by��uisdr puagRpha 1�nd ' '�• �
<br /> �;•
<br /> 2 e!W be applkd:lr�f.to ar►Y ProWY�r�nt eh�rp�e dw undar the Notr. eecond, to�mouRte payabb under pars�eph 2c thtrd to htereat .." . ,�.�„
<br /> ��� ..
<br /> � dur,touM�to pindpd dur.�nd last.to any IaU chvaa duo undn dn Nots. ' �.
<br /> 4. C o�Uoneb Ba�rewr shY pay all faxe��aa�eaarnante. cAapas� Mes �r►d hpoatUons atBfbutabie to ths Prop�rly whtch �,�ti
<br /> �' m�y at�ain prlodty aK tNs S�axllY N�nur�nt,and IMS�haid paymenri or pround►eMs.tl any. Banwar shal pay thea�obYp�tlais h the . .�
<br /> rewKN► provld�d in p�rpapb �, a M oat paid In that rtwmar. Bortoiwr�ha� psy them on Nrne dnoty to th�peROn owd paynxnL ;�,�r.
<br /> , .. Bomaw�r �ha1 pnomptly Mxnkh to L«�dv at t�otlon at una�ntf to b� p�id undx thb pwnproph. It Baroww ms�kes tha� paym�nu •�r�r�
<br /> �nt�►. Ba�ewrr sh�t parptly AxMsh to L;�ndit nafpts evidmcinp th�payrna�te. � ',��'_
<br /> goROwK tha�promptly dboAva any Ii�n wldah hse piodty over this 3�cwMy Msbumeet unieaa Borrower. (a)�praa b writlnp to th� ;_ ,.iP)��
<br /> p�ym�►t ol tM obip�tion s�au+d b1►th�Yr� M a m�rw�a ta�P�to Undw;(b)aoatata h pood h� the Yen by�a deta�da �p�hat , p'" ' ,i ;
<br /> .- adacNr�nt d ti�im in.i.p.i p�::�:�ii�wf�ii Sn 2Aa tsst:.�'z a�st ap�!a�sasL !I��a!t!��ss�as(a)s=sxxes tresst
<br /> --. -- �-- _
<br /> tAe Aoldn d 1M tn on ag�wn�d�ctory to Lendar subardN�atND th�Y�to this Sxuity instrwrient B landor deta�mY��s that my _ „ : ,
<br /> w ��;,, pnrt ot th�Ptoprty a wbj�ct to�Ym whtelo m�y sttatn D��Y ovar this 8�auNy InaVUnwnt,lendsr may pN�Borrow�r a noUce tdenUryMp , ', .
<br /> . �p�. g�q�rR th�/tatlsty th�Wn a take ottt ot trwn o!the actla�s e�t torth�bore withY►10 days ot th�ytvkip ot rtMbe. �r'�i.•- .� ,
<br />_ �' •�:•�.' . � l- , .
<br /> �" S. H�zard a P�oporty Inwrana�. eorrow.r eh�t �u.p ths improv«nents now txiadhp or haeaft�t �sctad on �h� �roperty ��`. • ;.
<br />° (naund �pYrn!bst t+y tn.h�ards irwl�td�d withh tM t�rtn'�d�nd�d covKtp�' and �ny othM har�rdt. hdudfnp Aoods or Rooinp�tor `r4`. .,�,
<br /> whloh Lw�d�r nqt+trw intunna. TAM hsuatx�sl�b�mwY�Wrnd b th�meounts�nd ta tM p«iodt th�t L�ndr n�tis. Th�bwma► � ��� �
<br /> . car�M►poridnp tM{nsurana �hY b� ahosw� by 8orrawr subJ�ct to L�nd�s appnonl wh�fi stW oot b� w�nason�N wkhMrd. M ,�,:. ', � .
<br /> , 8artoww�Ie to mhtain eov�np� d�saib�d above� lendv may,�t I.�nd1�oplbn�obt+b cowrape to prot�ot Undar'a dphts h ths
<br /> . j Pto�q b a000n�nos wYlf p�raQaph 7. . '�,.-i��
<br /> ` ,1 At inwrana poiakt and m�wais s!W b�acoqtabM to L�nd�md th�hdud� a starKYrd rtartp�p�eJw� Lendr sIW har�the ''�''X��'"�
<br /> .�: � dpM to hotd th�poioYs and nn�wal�. U Lw�OK nqutres�8ortow�r ehv promPltY ph�� to L.���n�ipts of pald pramtums and rm�wai
<br /> c:.. �.�`�_
<br /> - � , .; aofloM. In tM wnt d loss� Barroar�r shU pN�pranpt naUa to ttu hsunnc�ani� md Undr. L�ndr may mtlw proot of bss 8 not ..
<br /> '� �p.�►� � . . ...�,R,,...:..,�
<br /> �r� �, :_
<br /> :� , {Jnt�t 1,md�t ad 8ortowr oU�a� h vrritlnQ,hsurana prooe�d� �hW bt �ppYed to reatorafion or rep�r ot th�ProMrly ,�
<br /> ._,: �...,: d�np�d, i tM r«forWon a np�U M �oa�anY�a�l ta�albM�nd Unda'i s�ouiyr Is not N�aw�d. It tM ndor�flon a npBr ie not v�
<br /> � �.:.. � „ eoanorNodyy tettiioN a Undw9 e�ourNy wauW bo test�nod.th�inswtee�pcocMds stu6 be�p�Yed W Ns sums esc�u�d by thb 8eowiry ��...,..--,�
<br /> eoanorN
<br /> � � insfirn�nt,wMfh�t a not thm du�.with any�ro�as Wdd to Batowr. If Borrowa�bandom ths Roprrty. or doa not�r►sw�t wkhh 30 �� �.
<br /> —= d�ya a notka tom Land�Uut th�hw�ta atudw has ot[ond W �eltls a d�h�,th�n Lx�der m�y ootect tht hsunnce p►oc�b. Lndr ` ��
<br /> ' � ,. • �:::.:---..::.._�
<br /> �-�,.,, . m�y ut�th� proea�ds to ap�r or�ton th�Proprty or to psy tuna e�wr�d by t1�is 8�w�ly Instrument, wh�thr or not th�n due. TA� �-.
<br /> � 3p.dry qclod wD b�ph wtan the ec�e It qivri.
<br /> ,�,_.::. � w�.a t«,a.r ae eomow.r�snawi..�..�,w,�a .�y �o�,o� ��o pMCSp11 ehaN P1W exhnd or Pas�ot►t t!n dtte
<br /> "•�;`� .,� • deb W tM montNY P�Y�b�M�rtrd to tn p�tpraphs 1 ar�2 a ehnp�U►e anawd of the payrr�w�ta N undK p�ragaph 21 th�Prop�rty �
<br /> ' � la aequU+�d b1►t�ndr. Ba�raww's�ipM to�r►y tneunnes po8cks and prceaed�nauMhp irom dunape to tns Property prlor to the aoqWekMn
<br /> - . , shot pass to t,�nd�to th��d�nt ot th�wma uwnd by this�satrfty instcwnae►t Ym�adl�tety p�io►to tho acquteJtlon.
<br /> : .M 'j Q. Ocaupanay. P��s��vatton� Matntonsna� and Pr�atton ot the Pvoporly; Bar►�war'a Loan ° .
<br /> .' � ApppCitlo�:La1��hOld�.8omowe► shsN oecupy, satibYeh. �nd us�th� P�oP�Y is 8ortower'e P�P� rosidanoe wNhh �ixty dryt ..
<br /> � � aRx tA��xroutlon ot thb Seou�tf►in=bumr►t ind ahoY corMlnue to oa�uVY th�Props�r as Bomower's prk�dpal nsidencs t�at ba�t one
<br /> yav dter the dtts oi ox�p�ncp, unbss Under othe�wtss�yrsa� in wrfvna, which oonant thaf not be unnasontbfy withl�eid. a uNese
<br /> a�d�nuatlnp draamWeea�dst whic!►�n beUand Borrowar's oontrol. Bortowar th�aot destroy.d�map�or Imp�t tlea Prop�Ay.aYow the
<br /> ~�= ftap�Ay to d�Seofotet�. a conrnt waate an tho Proparty. Bortower ah�ll br b defwlt i!mY 1ode�turo aWan or procesdinp,whetAa drY a
<br /> � c+imhd. ts bptn tN2 tn Lwtd�e pood takh judprt►ent eould roauG h fartaiWro of the P�ope�ty or othawbe mite�Y�r bs�peir the Yen arated
<br /> ;� �I by Wa 3eou�lll fn�umad or Lw�dd� soauity interoat. Ba►row�r mry cun such a ddauk md rdnstate,aa provide4 In patigraph 18, bY
<br /> �b� _� cawiaD tht �o► pcoeNdYfp co be dsmisaad wlth . ntfinp Uut En Lander's {�ood Wth detem�ation. WeaM+das tortetture ot the
<br /> �� ' , _ .— � Bon+owds tni�!h th� Properiy or oiher mzt�rW knpairtnent ot the Yen�reated by Nb Securtty lnatrument or Lander's aeauity htaest. _ -__ ___—_.--
<br /> en r{
<br /> ' 1 Baravrer tIW also 0�h defauit R 8onowR durinp the totn�ppYaHa��s.yar�mtteriay tatse or inacarat�Intonnatlon or atatemente I-.
<br /> '• 1 to Le�d�r(or t�lsd to pro�dd�l r t d r r w l t h�ny n a t M V N t o r m a t b n) N a o n n a c t l o n w B h t h e I w n e r i d e n c e d by t h�N o f e, h c 4 d hg, b u t n o t �
<br /> � ; , , IY�Nbd to. repntentittont oon�enanq Boaow�s oowpar�ay ot tA� Prop�rly a�a pnc�ipal nsldence. M thls 3ewrHy Inetrument b an a �
<br /> � � �aehold,gortow�s!�eompty wlth�ii the provisiona ot the teiae. If Borrowe►�cquPos lee tlUe to the Propedy, the IeasnAold�nd the �
<br /> � '' ' i fes tbi�stu9 not nwOe unMas!he Lond�agreea to the mer�{er h writlnp. ;
<br /> � �
<br /> . i
<br /> . •�
<br /> ,C., �
<br /> �` ' � Poqe 4 ot 3 Form 30Y8 9l90 �
<br /> .i..
<br /> 1 F,o�.u+�o r�ss�
<br /> , .. I ;
<br /> ,
<br /> ; ' s�szs � I
<br /> �� ___l
<br /> �
<br />
|