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<br /> IIUtiRt)�VL:[2('f�V[iNAN7:��h:�t Rc�nY+�vc�i+ !�«�i�ofly r:eitcd uf Il�o es�nt�ha•cby a�nveycd nn�l hnr tl�n rl�;ht t���;rrmt �
<br /> nnd enm•cy th�:Pmperty c+��+i ttiat tho l�rope�ry i�wiencunil�crcd,except torencumhrwices uf rccu��d. Buf�u�vcr�vutrw�ty nnd - .
<br /> �v itl.t�fillll a�RCI'dI�thC htlC tc1 ihC E�i't1(iCYiy pp0I85t 3II CII1�1119 t�Jtl)I�CItlQii[Iv,suh,�t'CI fO ltil�Cti6U111�tr;tqCC3 t1F fiCQftl. -
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<br /> L!N[I'ORRR CQV�-IV�1V'1'�<
<br /> t. 1'Nymeni o!Princl,pal.In4crrst aad Lqie CharRr. uon:►�ecr sh�ii��ay wtten eiuo Iha principni u1',��TUi(uic�e,t.�ii, _
<br /> the cicht ovidencc�i oy tltC{JtItG 11ti1�Ittic�Il`mhci ittii:Liilt�s:i 2it'v A:C.��. _
<br /> Z. 111anthty 1'�+yment�i Tuxe�,lruura!ioe.Nnd Othec Chargr.s. ll��rmwer ni�all include in cach ntonthly pnyment, ..
<br /> tngethcr tvith tfic princ�ipul�u��1 i�ite�ist nv set tarih in thc Notc an� aay Inte charges, n tium fur (u) ta+ccs mid ���;inl _
<br /> nsscsvmcnGv Icvicd or to bc lcvicd n�;ninrt d►o t'ra��xrty. lb) Icnschold p.►yn�cnis ��r grutmd reniv un thc 1'rap..rly, nnd _
<br /> (e:)urc:ntlutns fur insurnnco requlrc�i undcr Pura�r:�ph Q. In uny�rcoe in which thc I�cndcr ntust nny a nrort�;o�;c �nyur,m�o =
<br /> iC111jU01(O lhC.slECfC�111'y OI tlUlisillb' tUll! �R7W1 �tlYl'111��utl�i l��u��,�cuur��1.�ii s��«��y y::S i:S:�iltv:t ;�t:,,".Frc*.mitm�v:nt+ld =_-
<br /> P�vc Ucun requircd if I.cnctcr stiU h�ta thc Sccurity Instnmicnt,cach manthly p�y�ncnt nhall nitio include clthcr: (il n sum fnr
<br /> thc nnnur.l m��ric���;;��n�ur.1���4����»►►����,<<�n�p1t�1 by Lcndcr u�thc Scc�-cinry,oi(ii)n monthly chargc:in��tead ut m m�rt�n��c �.
<br /> insurnnee pr�m�um if �his Sect►rity Ii�stn�nxrd is hetd by tho Sccn:tnry.in n maspnnblc� uninunt to ne cletemiined by t�ie
<br /> Sccntnry. Bxccpt fa�•Ihv mwiQt{y chtvgo by dto Sccm.tury�thcsc itcros m�c cnllccl"Esc�v�v Itcm�i"n��d�lic sums pntd ta Lendcc
<br /> n►Y:cnllcd"C�;crow Funds." � �ir atc:unount nut ta cxcced Q►c mnximum
<br /> l.cn�tcr mpy.nt►viy Unt�.caltcct cu�d hold nmuanw fnr F3scro�v Items in.+n u�b �
<br /> nmatnU ths�t may trc�rquireA Cor Rorio�vc�r's cscro�v nccount�mdcr Uic Hc.a!Utitnte Sctticmem Proccdurcs Act of 197Q, 12
<br /> U.S.C.9 26Q1 C� S({�. nnd implcmendng rc�ul9tluns, 24 CfR !':urt 3500. ns Q�cy niny b., nntoitcicd Prc�m timc ro timc
<br /> ("RBSPA"),exccpt that thc cushtan or rcsen�r pcnnittcd by ltGSPA for unandcipatcd disburscnu�itv or disbt►r�cnunts b:i'm•c
<br /> the Uurro��cr's paymc:nts nrc availnblc�n thc acrount mav�tot bc bn�cd on nmoim�v dao far ttic mo►�gngc i+�surnncc pmuru:�an.
<br /> If th�imu�unts hetd by Gender jiir E�crow ltems exreed the mnut��!s�c�mittc�i ta be lield hy kNSPA,Lendcr tih��G�"enl
<br /> with tha ex�•c.��fuRds nv rcquired by R�SI'A. (f thc nm�runt�uF funds hcld by I.endcr nt uny lime aro ttat sufGcicnt ta pay thc
<br /> Escmw Itcros wlhcn duc, l.cndcr r�1ay noufy tho llarrowcr nnd�rr�uiro 8u�rowcr to ma}:c ap thc shortngc ur deficicncy zL9
<br /> pcnnitt�.til by RPSPA.
<br /> 'it�c L'�crow ELnds tuo Nlcttga{ tt9 c�ddidcrnAl s�curity for all Fums sccured by this 5ecuriry InspunKnl. If Uoirowcr
<br /> tcnckrs ta Lcndc�thc fuil paymc�u oF ail such sums.fiannwcr'a nc+�ount ohall bc crcclitcd with iho Anlimco rcmaunins for all
<br /> installmcnt itcros(a),(b),�n�l(c)und imy nx�rt�efic insuranco prcmium installrt�cnt thnt l.,cndcr h1v nat bcconw obligahxl ta
<br /> �y to the SccreLary.und icndcr shall prnmpily rcluud iiny exc�.ss fUnds to Qocro�r•cr. (mmrdiatcfy prioe to o Foreciasute s:ile __
<br /> nf tAe i'raperty ar �ts nequisition by l.endcr, Rorrowcr'K nccaunt fih�ll bc cmdited with nny balnnce remaining fos nll
<br /> irtsuillnxntv 5or�texns(a),(h),anQ(c).
<br /> 3. �lp�ic�f.ic►n of P��snenty. All k�ay�iknts uitde�Para�pbs 1 c►rid 2 sA,.11 tk;�ppllecl by I.�nd�r as Co)ln�+s:
<br /> ��,to thn modRAgc iALS�rt�nc�premtum to he paid by Lcndrr to thc Sccrctnry or tu the mm�thly chnrga by
<br /> thr Soc�xtaqr in.tcad of th�uwnthly nwrtgage uisur�ncc�rcmimn;
<br /> SEC�Np, tu m�y taxcs. Fpccial a�scssrncn45. Icaschnl4 paymr+us or gmund rcnts, nnd Crc, floocl uncl athrr
<br /> huairct insux,°,.^r;d prcmlums,s�g res'�urEnd;
<br /> .iyuia.i�C.'.°�::..�v`-°.v�»s�::��...°.�..�"sl'�Ynt°; . -
<br /> '[�,1�,,to atno�tizatiai uf thc princi�l c�f tde Not�:
<br /> ��,to late chuges due unckr thc Notr..
<br /> q, Firt,�7aod�xi QtAer}i�nd It►surnncc. Iiorrotv�r shall insure�11 in�provcments on thc�roperry.�vhe�her now
<br /> __L___.r.L_ �..._a . �.e....b .01�:.0 .,.1 �w.ttnwv�lau inrLuiinu �rn fnr which It.u[1Cc
<br /> mci�isicrii�or awovoa�wwm� c..w..ws !��:�.:.:j .a.w.v.�.�..--, °..» �.--^�c+------•------v --- ------- ------- - ---- -
<br /> rcquictis tn�uratice. 'mis iavurxn�e shati ba maintainai in iiia u�ri�riiiiis ratx! i'or ii�c jtci��s i.'-.at:.�,"r�r r�ulr�. :to:�::rr
<br /> shxl!pl�imure nil unprovement5 on Ihe P►��xriy,whether�iow 1�caistenrc ar subsequently crectecl.A�alnst los9 h�+tkx�cls
<br /> tQ d�extent reyuired 6y the Seeretary, All iasura�ce shall Ise c�u�ried with companics�a���roveci by 1.e�xkr. 'f'tw 3nstvunoo
<br /> pc�l�;ics ancl any�tin�wal;�:hall be held by Lettdcr and shall in�:ludc loss pay�hle clnuses in fnt or o!;nnd in u forni acce�tablo
<br /> t�.l.endcr.
<br /> In the event aF tass.Ilorrower stwll gice Lender immetliate natteo by mail. l.�nckr may n�akeproof of loss if not nwcie
<br /> �rc�mppty by B�►rrvurr,t. E�ch insuranco company concen►cd is hrre8y authorix�d a�id clirect�ct tp r�u�ke paymcnt for such loss
<br /> ticeertly ta l cntkr.ft:�scad of to Bormw�cc nnd to l.��ckrr}c�intly. A13�or any A�an nf tt�e insurana:proccMls may bc applled uy
<br /> tM��HbI�N\i�:C�.i:�lb�t:l::{�)►�.,�.,_ �nMrl�u►..s►1�w indriues�v_cc un�Sc:r thG I�IoIC atxl lhls SCCUritY Illstriw➢tuL fIYS[�Q�DY
<br /> clelinquent amounGg�liecl in the o«ter in 13u�grrph 3.t+�tl tBcn ta�repayment of principul.or(b)to tho�storation or r�epair
<br /> uf tho drnu�ed propcny. Anyu�plicatlan af thc procceclS to tho principal shall not�xtcisct aa�x�stpone the dua ds►tc a.f tho
<br /> �nanthly�yments whkh a�e re4'emcl tA in Par�rapA 2..or ehungd the amamt of such payn�eait�. Any excess in!uri�►nee
<br /> pror.c�xis ovtr an auiwunt rcY�uittd�o p�y nll uut5twxling�ndebted�xss��xler the Nate wntl this Security Iristn�nx�nt shull bc
<br /> pa,3d to�he cntin kg�lly entlt{ad thercta.
<br /> [n t4�e event nf� for�k1�ure of thls Security Insaumenc ar ather transfcr af title ta tAe �ra�xrty ihat cxtin�rul.chcs the
<br /> incl�Me.ines.v,al!iight,�itk�nel inttrcst uf i3arrower in and to ia�surance pol�Ciev ij�forcc shatl pacs to►ho purehsuer.
<br /> S. E)ccup+inry. Pt+e�c�'ra�n, MAk�tenRnee n�rd Fhr►tcctioa of tt�e Proptrty; lbtravre�•'R 1,�►a9 Ap�ilcatiaer
<br /> � �orrawer Rhall a�vc:upy.est�blish,wwd use thc Prapatty as Bo�ti�w�ar's Qrmcipal resldence within 5ix�y days�lter
<br /> 1he execution of thls Seeurity Insuuuxnt and Ehall continue co occapy tho Pro�►c�ty us�icxrawer's principal resicknco fix�t
<br /> le+►u one yc:ur after ttse Qate of occupancy,unkss the Secrekvy dcacmuncs this rcyuisenxnt will cause wxtur. hxrdsRip foc
<br /> �owrr.or Nnkss extcnuating cir�uun5tance9 exist whirh arc beyoixi t3orro�•cr's control, flonow�r st�all notify l..eixkrs of
<br /> tu�}r cxtenuatmg ctrcumctvucs. F.T,�ti�w•er sAall not co►nmit wnsto ar destroy.damaFe nr subsr.uuially ctienge►he Ptoperty or
<br /> ••,.;low tLe Propecty to�ictericxaar� t�:L�na�le wear und te:tr excegr.ed. Lencke may �nvpect tlw Prc*,erty Ii tAe Property is
<br /> ' t srca.�t or abar►daatd or tRo luan is in def�uU. L.erukr may take re.zsanabfe actioR to�rotecl eaul prtscrve such v�csnK ar
<br /> AbwKbaal Pri►�rcy. F�rruwer sh:�l a1�Do in ciefAUh if Itorraw�cc.du�ing tR�laln appltC�iiam p�ss.g�ve msxrialty i'a}+e
<br /> or in�accurate infonnation or staten�ents to L.ende:r(or f�uled ru provide Lenclee��iYh m�y n�atci9al inforn��don)in com�ection
<br /> v►rith�Ae kau►e�ictxneed b�r the i�t�xe� iiuluefin�,but nat limited t�, tepresentatians co�ceming 13orro�ver's oce:uptu�ey.oF tho
<br /> ['r��Ctty as e pr±t�.i�!t�ul�itc.�. If this Secemt�C IusUVmeut is on a[eascM.iid,Horrower shalE compty witA�Ae�vi.�wns of
<br /> LRe�C�SC. �1��Iit7wlT ALZjll11'C9 ICC al1C[C�lIIC�R�C(�x.U16 tSSCi16R�i ict�i Icc�iitc"niiui=ili+i cwn^s i�ti�6�°'S iffii��'a�.P'vT.t�w�'::�iwo°:3
<br /> the merger in writing.
<br /> 6. CM�to Bw�ruwee wnd ProtMbn o[�,e�t{ee'a Ri�l�ts tn tAr Propeirty. Elorcuw�:�r shsll pay ull g�►vemmental _
<br /> . o�muaicipal charges,fines encl impositians ttut wc not inetuded in P;uagraph 2. Damawer shall pay�heso obl�gations uh
<br /> cime ciireetiy ta the entit� wAicA is owGd t;�c payrnent. Ef fuilure to pay wuuld at►vcrsety uifecl l..etider's inteoast iti� Ihe
<br /> Prupec[y.upon LencSe�'s request EPorrower shall prAn��tty fuenish to l�enckr�eceipts evieiencing tt�sep�y���ents.
<br /> If Borr:nvc.~ fhiis to m:iicc tAcf:.;�aytircnts or thc paynicn�+ rc��uirccE by Purpgr.��A 2, or i'aiLs tu �x�Rfu�m any oihcr
<br /> G�vcn:►nt.mtd a�rceinents cont�incd in thiv Sccu�ity InStnnncn�,c�r thrr�i�::►[cg;sl ptoccccting that m:iy significa�tiy uff:ct
<br /> t.cncicr's right� in th�Prc�perty (sach u� u pracccting i�i b.mkn�ptcy. f��t conJcnuiahun or tuci�Furcu I:��vs ox rcg�iladon�;), _
<br /> i then I.cnct.,e mnX do nnci pay tiY�1AIL"YCi li ucecss�uy tu Rrot.ct tltc vahi�ui tRc f'totiu�ty .incl�..crtct�c's rights i��thc Pcopertg. -
<br /> ir.ciuding papn�:.nc ot taxes,h:uarcN insurancc w�d oth.�ttcnu mc�tioncd in k*:►ragr.��h 2.
<br /> Arky amcunts cfisAurscd by Lcnd�t u�ider thiy�'�agraph sh;ill brcurnc a�n ucidit�ona!dcbt oi Ciorro�tcr nnd hc sccured by
<br /> thi5 Security Ins2�ti�nxn�. The.se mnountti shall Mar interest fram the d.�t�:oP dist�urscnKiis,a� Ue Nutc rute.ctnd�at the o�tion =
<br /> ot Lcud..r.shall Gc iiruncJiatcty duc cu�d p:►yable.
<br />_ ' (Yd;;�t 2 uf 4 puge�l -
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