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<br /> �3 ' �L�. 4�0070 — _� ...
<br /> Fundr In�n�mouM nol to�w�d tM n�Mn �+nt�Mnelw lor� UdrYp�Mt�d Matp�p�IoN n�Y►�quY�br Bortow�r'�aorow `—
<br /> �000uM W�da th�Ndw�RMI E�U 8rf11wrrrN Roo�duiw AaA af tY74 a�n+md�d�om tlm�W tNN. 12 U.B.C.260t M��q. ('R&SPA'), .a�-�v�.----
<br /> ,�. uNM��nWINt Mw ttNt�pplw to tON Fundr s��IMUr�nw�ri4 q w�Lr�dv mtI►.�1�nY tlrt��ooM�t�nd hWd Fund�In an�mo�nt .�. -
<br /> " nol W�owd Ih�I�r rnowM. L«�np►�tIN�M d M�nd�dw an tM Oals W arrmt dW�nd naon�bM NL'm�tn W __._
<br /> �p�nd4rr W Adu��Etorow Itrn�a othwwM�N�000td�na wM�pio�bt�Uw• ----
<br /> � � Th�Fund� dW b�Mtd fn m N�tkullon whoa d�pos�b�In��wd bY�NdNY�aY.YwUwn�nl�lY�or wqty►(M►dudl^9 L�nd�r.N
<br /> " '' ,:'%;�5,:•� � l�ndw M woA an kaf�Alon10►h�r F��I HortM Lan Bn�c. L�nd�sIW�ppy th�F�w�ds to p�y th�E�aow Uwns. lw�d�r m�y nW �',�
<br /> � ` oArp 8anowr lor haldnp�nd�ppyk�0 tM Fund�,�rKU111 w�Y+'�9 IM�saow �000unt, a wrNyNp tM Esuow lums,�wdn�L�ndr►
<br /> .;.'?� � P�Y���htwwt an tM Funds and�ppMo�bw{aw P�� Und�t to moke wd►�cM1�r4e. Howeva. Lande►m+iy nqu►►�� ��_'"_ -
<br /> �•=,,:_ ��-
<br /> y. . p�y�o�Wrr dwqt lor an�d��I WW rin roportMq swvla us�d b1►UndR N eonneelbn wNh thlt bm� ��,;_.,...
<br /> bw povldu oth�rwt�a UnNss m �prwmnt M m�d�ar�ppio�M Mw nqutns Int�nst W b�pNd.Under shaM nol be rnWl�d t4 WY
<br /> .7 ' ...•�.,uh•:.. Borrown riI►UquMt or wdr�on Ih�Fue�. BomwM�nd lmdr mry agM b wruMW. howrv�r. thal tn1�1 fh�M b� paW on th� _----
<br />��? =,i Fund�. Lw�dw�ha1 d�u to[3ortowK,wKhoul cIMr4���n Ywwd�eeounikp ol th�Fwd�. shm�lny cndits md debll� to th� Fundt �nd _-�—_—�
<br /> r*�i�, . �h�purpow tor wMcl�Moh d�bM m tM Fund� was m�d�. 1TN Fund�� pbd0�d u�ddqbnd��a�itY tor �0 wm� ucund b'Y IhM � , :y;:"`i�'-
<br /> .•.Yritila . ��0111�(II{trlNll�l�' Id:'£�F�vi.p'=-j,,_
<br /> ' ' n en.Fund.n.a ey L«�Mr.oco..d ui.unowas v.m�Wd a b. h.ta ey�pplbabw law, �.ndK.h�ll.ccounr lo eo+r9wvr wr th. �,;;i.}�`•°.�'��
<br /> i,��.�e_t:u
<br /> � ;,,:�• , • �ocwa� Fund� in �cord�+a wNh 1M tiqulr+�n�nts d�ppio�bM Mw. N tlN NnouM ol th� Fund� hdd by Lmder st my tlm� Is nqt `�_
<br /> �; � . ` �u�cAnt W p�y 1M Etorow k�nw whr�dw� L�ndR miry�o natlly 8artowr b wrMYip. md. h such as�BoROw�shW paY to l�nder :;,::_.:,�
<br /> ln no ntoro th�a� lwohrv mnntlNy paYmantq,�!• _". ;—`"--
<br /> _ Y� � ' �' ., th�amoad n�a�wY to nNlc�aP th� d�OM�wY. Bortorwr s!W nwk�up tM d�Aoi�xY __—
<br /> -s," �' a �r�r's�oM�cnYon.
<br /> • �� r� •. �pon p�ym�M tn IuI ol O wrta s�au�d by Ihit S�awMY Instrumw�� L�idar sh�ll PromPW nlund to Bortowar�ny.Funda hskl by �f�?;�-===--��
<br /> � L«idar,Pdor to Ihe aCqulelUon ar solo ot tho Propatqf, abdA v �"-A,'�: --
<br /> � L�nd�►. q, undv P�rph 21.L«� shv ��a sd th�Ropwty. ��i -
<br /> �.: „� .
<br /> ���, n �ppy�ny Fw�ds hNd by L�n��t sM ttm�ol�cqubltlon a saM�s�a�it ag�st the wm�seawtd b1l tt�e SecudN Inaqumant, -
<br /> � •� � 3. ICatbn of P Unlas �ppMc�bl�I�w Provldei Whenvls�, d paym� r�eceiv¢��Y lender under paraQnPha 1 < <5� .--
<br /> , APP� �b• h 2:thb�d to �`. ,`
<br /> . •J . �.. �nd 2 shd b��ppN�d: 1kaL to�nY PnWY�t ��Y� dua wider the NotP a�cond� to�mounte PeY�a unde►Pa�QrnP _-
<br /> btwat dw:loutA,co pinctp�l du�:uid I�st.to �ny IW chupa du•und�r tht NoM. __,
<br /> '.� , ' 4. Ch�Pq�s; Wns. BarowK sh�ll pay d wus. useam�nts,chupes.Mes �nd ImpoafUona ntttitutabls to the Ropeity whkh �:�;_
<br /> . :' . • m�y atfaN prbrMy w�►thls Setprky Instrument. and INSthold p�ymanta or yround hnta,B any. 8arower �hoY pay thes�obqy�tlon�In ry_�
<br /> ,,� ,. . p� t �<i;°`��'_-_
<br /> Ih�m�nnu provW�d N pv�prsph 2.or N not p�ld in th�t m�nne►, Barow�r sUe�p�Y them on tlma dtncty to th� on aw�d p�ymw►• ti 4�-�:_-
<br /> . Borrow�r slwM p�cmpW lumish ro UndK sN noUo�s ol �moum� to be p�td under thla perapnph. It earoww m�lcos t�s� p�ymanta �i'.�'.:L_�--
<br /> ar.oay,eoROwK sn.�wo�ay ami.n a i..nder n�a�s.via«��no a,.o•ym��e. -__
<br /> •,•:� ' ' BonowK�h�M promptty dbch�r9�+u�Y N�n whbh luis pdo�lty ov�r thie Security Inahumant uM�ss 8orrow�r: (�1�qrees In wdUn9 to Ih� -- ^
<br /> � .� ., p�ym�nt ot th�ob6polon acund by th�M�n N a m�nner�Ptabw to Lwda: (bi�aoniwite In�aod SaliA the 9en by.�r detend��g+h�� �'��i��,:_
<br /> -.;,�,_.,�,�.,T
<br /> a�fac�nwnt o1 th�Wn In, M�I Proa�nGs whbh k�the I.onder's opkdan oper�te to pnvant th��nforcam�nt oi th�Ya�� or (c)sw:uns , .,,,�,,.._.
<br /> . � ..-i�h:..., �':.7��'La� _...J
<br /> . ,., �!; hom the hotder of the Ikn �n a�aneM satlab�ctory tn Lander wbordlnadng ihs Aen to thfs Security Inewment. 11 Lender dRtennln�a th�t �,.,:.�,7,-r :_-
<br /> . :a;�;.-��
<br /> ',: .,.;, �ny put of the Piropwhj b subJect lo a IMn whbh m�y atlaln pdorily ovar thla Securfty Inatrument, Lender msy 91ve Borrowx� noUcs ^�;;.;•:t �
<br /> _r;..�,.. ,.--�-,., -.��•.
<br /> ,•.;�,:. , Identlykiq th� 11�. 8ortow�r �U �dsy ihe Ilen a tpk�ona or mara of ths aeUons set f o r t h �b ore w l thln 10 d�y a ot th� 9lvinp of �=--
<br /> �,��r; • notico. �•'�_
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<br /> ,� _.I�, �r,.;.�=-=--
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<br /> ' S. Hmrd o►P�oporty Insuranc�. 8a�towQr shpU kQep the Mnprovementa now e�JaUnq ot hareafter erected on tAe Rroporty ; k ,;r:,,
<br /> ' � Inaured aq�Mist bss by&e,hwrda Inctuded withln the tmm 'axtended coveay9'�nd any othar hazards,Includlny Iloods or Aoodln9.�or �,,�?,:'°�
<br /> � '� � whlch lenda requlras Insurance. Thls Insur�nce ahW be n►wNtak►ed In tho anwunts ond for tha periods lhat Lender requtres. The .
<br /> Inwranco cartiar prcvldk�q tho Insuranco ahaE be ahoeen by Bomowe► *ubJeel lo Lendar's app�ov�l whlch ahaN not b� unreesombN '�
<br /> . ��,i`; . withhald. It 8ortow�r lalls to m�htaln covenpe desaribed abov�, Lendor mey.et Lender't opqon. obtaln eover�pe to protaat Lender's ` �-.�;ur� _
<br /> • :';.;;i,��►�. dphle In Ihe Propary In aeeordmee wflh PuapraPh 7. -��.�.j,,
<br /> ,•�..<,aa�;.
<br /> U't'�� ., qp Ineunuroa poYoks md renewds ahaN be acceptable to Lender �nd ahtll Includo a alandard matysys dauee. Lender shall have ..". �„L
<br /> ���__',�:.:R_
<br /> �> '� the rl�ht to hotd tho poMdea �nd renaw�ls. N Lendar rQqWres.Borrowar�hoM prompUy qlve to landw aq rec�lpte of pald premlums md •. :;,.-�.;a,__
<br /> ' ranwval notk�s. In tlw ewnt N losa, Borrower ehall gb�prompt notlaa to ths Inwranca carrtar and Lendar. Lenda m�y mak�proof of �Ky_``
<br /> i '..�•° •� bsa H not nude prompty by 8arowe�. '°. -
<br /> ....t;, .
<br /> "�'•'���' Unleu Lender and Barower othwwlsa �yree In w�itlnp. �nwrance proceeds �haU be applled to rastoratbn or repalr o1 the Propeity � :• •,,;-;_
<br /> ..t�•�;,�tt, =�
<br /> t`"�'���"��' • dameped, II Iho reatoratbn or repalr Is ewnank.Wy leaslble and Lende�'s eacwMy Is not leasened. It the restoroUon or repalr Ia not
<br /> ' ��tx'��+� " � :: -
<br /> eeonom{qdly taslhb or lender'� �ecurity would be IQas�ned, ihe Insunnce proc�eda eheN be applled to the sums secured by 1hls �r°_�:�
<br /> ",'•,,._ � �,:.�r;,' „ Seawily InsUument, whelher or not then du�,wflb�ny exats pNd to Baroww. If Bortower�bandona Ihe PropeAy,or dosa not anewK � ''.f�?__
<br /> �;°} . wlth4� 30 d�ys • notloe hom Lender thal the Imunnce eufla has oflxed to setUe a elalm, then lender may collect the Inaurance �
<br /> ,,:.,::i. .
<br /> ,'; ,j ' proeeade. Lande►mq uso the procoeda lo repak or reatoro tho Propeity or b p�y sums aecurod by thla SecurUy InsWment,whethar or �
<br /> not then dua. The 30•d�y pe�iad wIY beyln when Ihe notice is qNen.
<br /> � UnlQes Lender�nd Bortow�r otharwlee ayree In wdtlny,any appllcaUon ol proceeds to princlpol shell not extend or poslpone the due
<br /> ' dete of the monthly paymenta retened to (n paraqraphs 1 and 2 or chmge the amount of the payments. II under poreyreph 21 the
<br /> PrapeAy la aequlred by Lender.Bortower'a riqht to any insurnnoe poMclea�nd praeeds rQeulting from domepe to the Property prior lo the
<br /> �cqWeNbn sholl peas to Lendor to the extent of the sums aecurad by thls Secmity Inslrument Immedletey prior to ihe acqulsfllon.
<br /> B. Occupancy� Prosarvatlon. Malntansnco and Protoctlon of the Property; Borrower's Loan .
<br /> . Appllc�tlon; L�nwholds.Bortower ahaU occupy. eatabllah,and use the Property aa Bortower'a princlpal reeldence wNhin slxty days ;
<br /> �Rer the a�ocullon ot thls Secalty InsUument end sheA contlnue to occupy 1he Property es BoROwer s p►inclpal realdence lor at least one
<br /> ,, yaar aNer the dete ot oacupanay, unless Lender othenvlao apreea In wrHing, whlch conaent ahall not be unraasonably wlthheld, or unleas
<br /> �: extenuaUnp clrcumetances exlst whlch ere beyond Barowar'e eontrd. Bortowe ahetl�ot desVoy, demoge ar knpeir Ihe Property.albw the
<br /> '� Prope�ty to deterlomte.or commil w�ste on the Properry. Borrower shal be In deUuk Ii eny lorlelture actlon or proceediny,whether clvN or
<br /> .. _.�._�-� � �......... •�.� i.. ��.,�+..•. �+ �.an u��femant rauld re:uk In lo�falture o1 the PropeAy or otherwtae materiaAy Impalr the Nen
<br /> . _— -- -. � ,...�.��.... .. ..,.,,.... .._. _. __.._-•- �--- -- •- - •
<br /> created by 1hla 3ecurlty Instrume�►t ar Lender's aecurNy Interest. Borrower may cure such a defaufl and relnatale,aa provlded In poroyraph
<br /> • . . i 16,by coualny the�dlon or proceadlny to be dlamissQd wllh a ruNng thet, In Lender'a qood IaNh determinellon,precludea lorfefture ol lhe
<br /> �},:1; , , , Bortower's Intereat In the Property or other materlal Impalrment of the Uen ernotad by thls Secudty Inslrument or lender's aecu�ity InterQSt.
<br /> �• , Bortowa sh�U also be in delault If Bortower. durinq the loan appNcallon p►ocesa, qave meleilaAy felae or Ineccurate I�lortnation or
<br /> � stotemonta to Lender (or }alled to provlde Lander �vlth any mete►lel Inlomutlon) In coru►ectlon wlth the loan evldenced by Ihe Note,
<br /> I Indudlny, but not Nmlted to, representetbns concpmin� Rorrower'a occupancy ol tho Property as a princlpel resldence. If Ihls Secu�fty
<br /> . InaWment Ia on a le�eehotd, Bortower ahell comply wllh NI Ihe provlalone of the lease. II Borrower acqulrea lee t111e to the Property,the
<br /> • leaaehold and Ihe leo tple ehaN not merye unlass the Lender a9rees lo the merqe�In w�ltlnq.
<br /> �` Fo�m J02B 9/90
<br /> P�pc 2 ot S
<br /> � F1029.LM0(9N1)
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