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<br /> �,. .'�, � ; 92- 100324
<br /> —��, Fuids In sn ornaxM eot b�xoMd th��wdmun►�rno�rN�Nndu ia a hdsrll►�d�aqp�la^�wf►npuY�1a Bortowls Marow
<br /> ",,�� ,�:i:: �000�ril ui�th�i�d�al iirl EsqU SNMrnuN P1oo�duns Aal of tq4 p�n�nd�d Man MnN W YnN,12 U,9.Q 2001 �t wq.('IEePA9.
<br /> unMa��nofhw Nw tl�t�pp�M to tM Fund�ah �I��r�a�t. N�o�L�ndw mry.M�n1►tln�,aolwl�nd hold Fund�b�n rnouiM
<br /> ;;=�s�•*�. �a w.00..a en.�.a...�ou�a. ��.�►«�.a�..mo�c a�a.�w.on M.e.M.a�aw.�a�rei..�w.a
<br /> � ;�;T:.. , �r�rN ot 1uAin Esarow It�a dA�An In woad�na wth�p1abN Mw.
<br /> :� ` � 7M Funds�hN M Mld b�n Ins1lMAlon whow d�po�b w Yuund bY�Ndrr pN�W.��ri or�r(hdbnp Lwdr�N
<br /> .. I '..^ ., Lwidw M woh n kidhAlon)a In�n1/F�dwal Hom�Lon B�nk. Undr dW�pP�Y th�Funds to qy dN E�orow 11�. L�ndw nMy not
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<br /> th�Morow �ooaxM.ar wAYYq tM Bsaaw N�nM.unY�s I.�ndu
<br /> , • �����,..�Rt�'• eh�r,p�Bw�oww 1or hoklnD��PPM��O 1M Fu�dr.Nu�wy wM� Ur�d�r nrY nquk�8enow�to
<br /> = - .�""a-T:L-' • p�ya Bonnw�r Nt�l on tho Fup►d��nd�pYabis law p�nriM�L�nd�r to nMk�woh�chr0�. Haww�r. �_,____.�--_
<br /> •��„�!� � V�N.a�.tlm�dwp�+a�n Nd�nd�rd nd.aa.ax�paW�o�Ao�uMd by I.�na.►b oan�oYon w�h thN lo�n� unMa.vpfetihM _
<br /> . . I�w pqikM�oth�w�o, 1lnN���n�pn�mnt N rt�a�ppio�bN hw nqufrM k�twMt to b�prd,Lwulw sIW o01 b�nquk'�d to Ph►
<br /> _ .,rsaµ;F=u3 . gprow�r�ny btan�t ar wnYips an tM FuncM. Bonnw��nd L�KW nMY�M b w�Nlnp, Iww�v�r.tlW Intwst thr b� p�id an ih�
<br />��7f -�..� , �, • Funds. L�shY plw to 8ortoww.wilhout oha►p�,�n �nnual�000untNO oi tM Funds.�howYW a�h�nd d�bltf to th�Funds �nd ��
<br />•r.:�•r tM pupou ta whbh Moh d�b�t b tM Fur�was n�i�. Th�funds w pMdp�d as �d�Yon�t NarMY tor d wns aou�d by Ws ��_
<br /> `� ''' ��?`"�� � Soowlry b�rur►wr►t
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<br /> 1H� ,. �� . . N 1M Fundt Mid b�l Lwldu �occMd tM�rtw+�nta P�n�lbd to b� hald by�ppMo�W� Mw� Und�r sh�l a000unt b Bortoww 1a th� _ - -_
<br /> .. � � �otau Funds b a000rdY�w wMh tM nquYwiMnts o1�pplo�bi�Mw. N Ih� �mounl ot tM Funds hNd OY Undu at my tlnw Is not
<br /> '� „ wAal�nt to p�y tM Esaow Itrms whw�dw. Undr nnY w natlfY Bort�ow�in w�ttlnp, �nd. in weh as�Borrow�ahd p�y to L�nd�► —
<br />��" ..•, �V . •1 b no nion tF�a twrv. ts�a
<br /> : �_. - .... - • tM rn0irll n�aswy to a��P th�dlAdnla�►. Bortoww'�hY m�k�up th�d�oUlloy ��P�I�� --
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<br />�'`;> °:: .�•.,. l�wlw's soN dk��Alon. __
<br />� ;� � , . :.. . , . Upon p�ymwn M �1 of N wms aouwd bY thl�S�ou�Y In�YUm�nt, lender thY promptly nfund to Borto�w�r�nY Funds Mid by
<br /> . • ,"r{j„ . : •A�.- �� I,wMK. a, und.r �apn xt. �«�d.r.nar.cqufra ar oa a�. Prapasy, Lanaer. F�lor to u�s �oqul.�aon or w. a u,.Prop�Ay, d,N �_ _--
<br /> '�Ff � ,r5.;i��'.'� �PP�Y�Y Fundt Mld by LM�d�►wt the tlm�oi�qubNion or sW a a endit aydnallM wms searrd bS►lhis S�u+�itY Intdwna�t
<br /> � ; 3.Applloatio� d Paym�llts. Unlas �ppYe�M I�w pro►ida oth�wl�e. d p�yn�nts naiv�d by lmel�r und�r p�ph� 1 �
<br /> '. �,;�'; � �nd 2�fal b��ppiNd: E�at. to a�ry pnp�ynwit chuq�s du�und�r ih� Note: eecond. to amoutds P�Ya6b witN► puapniph 2: thMd b �_
<br /> • �J= r's;i;�;,! �- ��t dur,iourth�to pinclpd due��nd Msl.to�ny Ut�clwy�s dw und�r tha Nota
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<br /> ',4:�^���• ,•,'` 4. ChW��:LIYns. Borrowar shal pry�1 t�cas. �swsun�nts� ch�ryeo,una and ImpoeMions�tlrlbut�bN to tM Prap�rty whicb "5;;�`,�.;,-
<br /> �.... �_-=,:�
<br /> •:. -e �• , may�piodty ovK thb S�ourity In�frunMnA and le�aahotd p�yrtwnts ar Round nMs� p�ny. Borrow�r sh�M pay th�u obNqdbn�In
<br /> "" � th�mmn�{�ovid�d In p�ng�ph Y, a M nW P�In that m�nnw�BoROw��haA pay th�n on tlm�dincty to tM prson ow�d p�ymwi� `,...�':�:�iD
<br /> . .� . Barow�sh�N prompty fuml�h to I.�ntNr N noticas W amounts to b� paid undw tF�M pra�raph. If BoROwv nWca th� p�ynwib �::--�'=�;
<br />� ., • ?• dr�olly,8artowK �hY promptly Tumbh to L�nde►recepts �vld�ndnp the p�ymwns. �•-.�---
<br /> i � Bortow�r ah�N prompty ditahWe am►Aen wh�h h�s priairy ove►this 8�curUy Imkummt unlas BonowK:(q apn�s In w�ithp to th� i; ._
<br />,�_ _ --- p�ymeni d ih:t�iiA�tion a�auaC by iha Ba� !n a mmfner aeaplahk fo Lender;(b?nentaa In good faith th�Wn by.or ddmdf a�inst �!_�s�=--
<br /> • ..�c • ' � �nforam�nt of th�Y�n in, MpN Proae�InOs which in ih� L�ndw's opinlon aperde to prw�nt th�wdac«mnt ol the N�n� w(o) ��au�s �-.
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<br /> • . Irom Hia hotd�of the Ua��n ayraemeM t�iMt�ctory to Land�r wbonYntlM�Ihe Aen to thb S�cunly IneWment. H Lmde►d�t�rtnln�s 1h�t «,�,
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<br /> ��� '� } . 'r1r`�'< ,f �ny Put of th� Prop�xtY is wbJ�ct to � Nm whkh m�y atWn P�1Y over Ihls 8FawNY InsbumeM, Lend� m�Y Owe BortowK a noila +�•�. ,�..;:.,
<br /> � � ''�r4�1•i , Id�nUylny 1he Y�n. Barow�r�h�Y s�iMY lha Yen a t�k� ona a mora of the aaHons a�t foAb�bow wNhln 10 d�y� ot ihe pNinp of �-r
<br /> ., noUo�. �'YM-=-
<br /> •. ' 8. Hmrd a Prop�rly Inw�a�. Barrow.r erw k th.imp►ovement. now .x�aunp or huedter o.eaed on th•Prop.ny '°`"----
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<br /> �� , „ Inwnd aqNnst bs�by 1k�. h�zard� M�dudad wNhln th�tam'�ctanded cown9e' �nd any oth�►h�zuds.NGudlnp 1laods or�oodnq�lor ,�.� ,,.': �-
<br /> s � ° whkh L�nde► nquws Nswrne�. ThI� Inwnne� shM b rnaNWnsd N the �nwuras �nd for th� pwiods th�t UndK nquirh. The - .=;.
<br /> insw�nq cartMr providlno tM Inaurancs �haM b� chos�n by Bartowar subjecl to Lender's approvd whbh �h�N not bo unrM�ombly 1
<br /> . � .. wkhhdd. 11 BarowK qNs to mdnWn cov�ape da�aib�d �bov�� Lend�r may� �t L�ndws opUon�obWn cowraqe to prot�i L�ndu's ,.. —
<br />'r. � .. � „ dphts In th�Propwly In aocord�na wflh p�npnph 7. +�J' --
<br /> '�.:st'�r!•c�/ -
<br /> . • AM Inwr+uic� poYeka �nd renewds shN b� �ccept�bN to Under and shAll indude�eLndud mort�pe dwuse. Lande� sh�A h�ve
<br />, " ."• 1M �ipM to hold 1M poMoNs�nd ron�wua. If L�nda►nqulrK� BoROw�r shall P��P�N OW� to Lmder aN recelptt of pald pr�miums�nd �,�
<br /> . •.';�`h• ronawN notkea. In the�v�nt of bea, Bortowu ah�l dvs prompt notla to the Inaunnc�c�rtier�nd L�ndn. L�nd�r m�y m�k�prool of L �-•..
<br /> �,..--�Le<��..��' .. ; r�?'� .
<br /> � bas N not m�de promptly by Borrower. .>. _"--`
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<br /> • ' UnMst L�nde►�nd 8ortower olhwwis��qrae In writinq,hsunu�ce procaeda afuA be �ppY�d to r�atoraUan or repaY oi ih�Propwly - -•� r__
<br /> � ° durMy�d, fl the roetontlon a repdr Is econaNapy tevaibN and Lend�rb eecurily Is not less�ned. 11 the reator�tbn or rop�r Is not ' '�^ �,3•:-
<br />. I ,, , '. �conamfe�y te�aibk or lenda's �ecurity would be feaaened, 1M Inwnncs Ixocosds ahY b� appllad to 1he aums a�euted by thls E . •.,r�"':-_,_-
<br /> . . S�cudly Inqrument whMhr ar not th�n du�,wflh�ny exaas pdd to 8orrow�r. II BortowK abandons th�Properry,or doa not answ�r � . -��,�
<br /> .� wkhin 90 tMya a noUce irom Lender th�t 1M Inwnnce canie► hss olfered to sdW • cl�M, then Lender msy cotl�ct the Inwranas � ��
<br /> I'i y , ° � pmaeds. L�nde�may uu the proos�ds to np�k or naton the Propaiy or to pay aums ��cund by thla 8ewrly Inahument,whNlw a t : -
<br />� not then du�. The 30-d�y pedod wW bsyin wh�n tha noUce la yMen. 1
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<br /> • UnMas L�nder�nd BoROwar othe�wisv apree In wriUny, �ny apppa�tlan of proceeda to prindp�l alau not e�ASnd or postpone tho due r
<br /> ;��'' d�te of tha monthty p�ymenta releRed to In par�yraphs t �nd 2 a ch�nqe the unount of the paymenta. If under p�raqraPh 21 the '
<br /> '`'+� Property b�cqulred by Lende�, Bortower's dpht to�ny Inwnnce polides rnd proceeds rewlNng hom dam�ye to the Piroperty p�lor to tho �• ,. .
<br /> •. � ' �cqulsidon shd p�sa to Lender to the wA�nt of the aums secured by this 3eeurNy Inatrumant immediriely pdor to lhe ecqultHlon.
<br /> . 8. Occupancy. Pr�wrv�tion. Mal�tan�nc� and Prd�ction of tM Prop�rty; Borrow�r's Loan . .
<br /> � �, AppNeNion; L4�ihOldt.8ortow�r sh�N occupy.eaubtleh,uid ua�the Property�� Borrow�►'s p�indpol rosidence wkhin slxly d�ys ,
<br /> ' ��„ aRa 1he aaeWon ol thb Sawrily Inatrum�nt�nd sh�p contkwe to ocapy lhe Propety�s Bortowar'a prineipal rosidence ta�t le�st one
<br /> , yera Mer th�date of oocupanay, untas Undw olherwise�yrees h writhp, whkh cona�nt shaM not be unrM�on�bly wqhheld, or unteaa ��� �
<br /> udenwtinp cirwm�tanaa e�i�t whlch�n beyrand Bortowar'a conUOl. Borrower ahal not destroy,dam�qe ar irnp�k th� Ropery,aMow the ,
<br /> �... Proprty to debNonte,a eommk w�st�on Ihe Properry. 8ortower shaN be in dslaull fl any torleRun�ctlon w proceedf�p,wMthar dvY w
<br /> aimYial, la bapun lhat In lender'a �ood hqh �udyment codd resuR In lorteiture of the PropeHy a olherwiae mate�i�Ny knp�ir the Yen _
<br /> —�-- •` - - erMbd by thb 3acurity InsLUment or lendar'a aecurny�nterest. e7orrawa may are au�n a dei�ue�nu�dns�.i.,aa j,�v.R;n±.� �+aiy�iy+i�
<br /> 18, by c�uslnp ths axlon a proc�edinp to b�dlamleaed wlth a ruYny that.In Lender's yood lalth det�rt�utlon,predudea IalNturo o1 the
<br /> Borrow�r'�Mtrast In th� Properly or dher nntl�riN knpairmant of Iha Ilan awted by thb S�curfty InsWment or Lender't e�cutity Intanst.
<br /> . Borrawer shal �lao ba fn defaull N Barow�r, durinq the loan �ppYadan procaa. y�ve mtlelNy Ials� a Inaxunte Ntomwrion w
<br /> ' ahtement� to Lendx (or faYad to provfde l�ndv wRh �ny m�teri�l Inlomwtlon) In connecYion wlth th� Iwn wldenad by the Note,
<br /> hdudfnp, bul nol Ymited to,ropraent�dona concamhp Bortowei• occupuicy ot tM PropMy aa � p�indpol resldenc�. Ii thb Searity
<br /> InaWment b on ■IMSehold,Barower shal eompy wNh aA ihe prmrlslona d the le�u. N 8arower acqulrea lee titk to Ihe Propaty,the
<br /> Iqs�hold and th�IM ipN sh�ll nol mMp�unMss the Lendar�praes to th�tn�9e►in wriU^9•
<br /> Pap�2 ot S Furm]02B 9I90
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