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<br /> . � Borrowors escrow account under the tad�xel Real �state Sottbment Procadure3 Aot ol 1flY4 as amandacl hom 4lrrtv to tbno, 12 U.&.C. t
<br /> 2u01 ot eoq.("RC&€'A°),unlaao enothcr t�w thal appllas to tho Funds cG�a n �:secr nmount. II ao,Lcndr.:may,a1 nny t1.;a,cal:�ct end � .
<br /> , hold�untls !n en Emount nol Fo oxCC�d l70�:�cCr nraount. Lcnd�r r�iay catlr�iato lho am�unt of tunda duo on tho bosi�ot currc;nt df,4a �
<br /> , r.� and reasonabte a8ikn�tt�o}�.�pondfluraa o!Nturo Escrow Item9 or othprur{�e�n accordence with nppl:eble Inw. ��
<br /> Th� Funda BhaN � hotd In on Inal4utiun whos� doposii� arr Lneu��3 by � f�fl�iol ��5ray, L�btrum�ts�6'ry, ar cntr,y �,r,a�ci:�,l
<br /> �,'�`�,}'�• '��.� Lendor, H Lmdfr la aueN an InetituUon)or h en F�N Homs l.oan 8snk. Lender eheil =
<br />� �� .. -�� y ap�ty tha Fund� to psy the Eecrow INms. _
<br />-��•. Lendar m�y not ohup�BortowK for hofdlnp end appylnp th�Fund�, annualry on�y:hp tho oscrow acccunt, or vKtfyrhp Iha Eecrow
<br />' ' �'`� '' Itome,unlnss Lander peya Borrower hts��st on tha Fund�end npplicxbl�U�v permke Lender tu maka euah e cheras. Howev�r, Lsndsr _
<br />___.�,�.yi,;� F miy roquke BorrowM to psy�one�tkn�Charpe for an indepondent real eateto tax reporthp servfce uced by Lendw in oonn�ctlon wiih `
<br /> �� " thb btn,unf�s��ppb�bM I�w provld��otherwfse. Unias�an�pr�rt�snt Is m�d�or pppRC�bN Ww rnqukea hterast to b�ptid,L�ndu
<br />=_�_�'� � sheN not ba roqutrod to pay 8orrow�e my hternct or eaminps on the Funds.Bo�rowor md L�nder mny aprcta In wrRl�{t, howuver,that -
<br /> htK�st �h�ll b� pab on the Funde. Undor thpN qlue ta 9orrawer, wkhout oharp�, �n �nnuni acoauntlnp o} thn FunAs, ahowinp -
<br /> cr�dkt�nd debk� to th�Funda end th�purposa tor whi�h eaoh debk to ths Funda wae mnde. The Funde aro plu�ed ss additbntl ""
<br />�•�+�• :+;�.� eecurky for aN sums wcuwd by thb Sec�crRy InsWmenG
<br />.:;�s�'�=' ' If the Funds held by Lender excoed tha amounta pertnitted to be held by eppibabk law,Lartdor shail ecaount to Bonower Qpr tt�a �
<br />�°a;;.��,�, r oxcesa Funda In accordance wkh ths rsqutrorr�enta ol appihaba I�w. If the amount of the Fund� held by Lendw at any tkrw ts not
<br />-'�"���""�� suf8cient ta pny the Eacrow Items when dua,Lender msy 5o notHy Borrowor In w�Rhp,ond,In suoh case Borrower shall pay to Lender
<br />:�=�`•,-,.�:_._
<br /> _-}f_ th�amount necesstry to rtwke up the defi:bnoy. BoROwt�r shail mako up tho deti�►onay In no mpre than tweMe monthy ptymente,at
<br /> _��!�'�; Lenders solo dlscretbn.
<br /> _ - ---_ Upon qsym�nt in tull ot aii sums secu�oJ by this SeCUrity Instrumant,Lender sheN promptly rehmA ta Borrower any Funds held by
<br /> -��-�� lender. If, un;1�r pua9raph 2I, Lendev sP,sA acqufs�mr eo�l the Praperty,Lender,prbr ro the acq�dsitlon or oaia of thn Proparty,shaN
<br />_.�-�=�r�� eppy ony FunSs�?�ald by�on�iar at tho tlrno of ecqul.�9,on or sab ss a cndit�qahst the auma eoaured by U�t�3��uHt�Instament. �
<br />_ 3. App6���43�n o9 ��aymenU. Unl�s eppY,�nx?o dnxr provldes othMwls�,eM peyments reCehred by Lartdet�tnder parepr�ph�
<br /> ��e7��''°��f,� t and 2 sha!I 4e eppAed: f6at,to eny prepayment charQes due under 4l�o Note; second,to nmaunts payadte under paupraph 2;thkd
<br /> � to htweet due;4ourth,to p►inopal duo;ortd last,to�ny I�lo ahuQe9 due uncler the Noto.
<br />,�;;�� 4. Ctt��ss; Llena. Borrower�t�.n0 pay aN cexes, asaessmenro, oherpea, M�s and Imposkbne attrbutabte ¢o ths Pmti�vrty
<br /> - whbh may attatn prbrky ovor this Socurit�r lnatniment, and Ieasehoid paymentn or pround renta, cf any. BoROww ahaG pay th�s�
<br />-= _�' oblqatt�ns h tha manner�r�e�!tcsd In ��rts�raph 2,or M not pAkt h that mennAr,Borcqw�ghall pay them on tkno diracty to ths psrson _
<br />__ __ owed paymonL Bonowar shaA prom}ttly ihamish to Lender afl nof�ee oI amdunts to be patd undor thls parepraph. If Borrower mekea
<br /> -- these payments dk�cty,Borrower shaY grrompty lumish to lender recefpta evkiencfnq the pAymentn.
<br /> � Dortower shaH prompty dlsoharye any Nero wh�h haa priortty over thl�3ecurity Inat�ume��t unF�ss Rorrower:(a)aprees h wrklnp to
<br /> �—� tho payment of tha obOpatfon eecured by the Iien In e mfnner accoptabk�to Lencfe+; (b)contestc in good faRh the Iien by,or detends
<br /> �palnst�ntorcarn�nt of tha IWn in,kpal prxoadhgs whk�h 4�tha Londe�'o ophbn p�erete to prevw►t the enforCemen4 ot tho Nm;or(C)
<br /> s a�cuns trem th� holtler of tha Iwn en epraer►►ent satl�iaalory to Lendbr Eubordhetiny the Iten to this Socu�ity tnsts�mK►t. If I.endar
<br /> - detertninos that�ny pert of th� Proparqr t�s sub�ect to • Wn wh�h rnsy ettein priorky ou�th� �ecurity Instrum�nt, Lendrr may ptib
<br /> -- Borrowa a notic� WmtlfyinQ ths Nai. F.or,awar shaM tatisfy the Ifw�or fako ar,o or mon ot tho�ctbns set torth Rbove wkhh 10 duy�
<br /> • of tha pkhq of noticw.
<br /> 6. Hazard or Pc�x�rl�l Inawe���e. BortoYS�r shall keep the Improvements now wctsany or ne�atcur enct�d on tn•
<br /> _,'� Propary Inaured aq�hst IoaY by ne, hnznrds Naludad wRhin the tertn'�adended coveraya'end any other hnrnrd�, holudinp rtoode or
<br /> fbodlnQ, for whbh 4ndar roquiroa (nso�rmca This hsuranca shall ha matntalnod In tho omounta nnd for the perbdo that Lendar
<br /> nquiros. 'I'he haunnc�carrier providhQ tho insurance shall bo choson by BoROwer subJect to l.ende�s epprov�l whbh tAaA nOt bo
<br /> unre�sonaby wRhhatd. If Borrower falls to mahtein coverafle descrbed above, Lender may,at lenders opUon, nblafn cownpo to
<br /> - protoot�.and��riphts b tha Property In accordanCe wqh parepreph 7.
<br /> Ab Insurnnco poNcWe and ronewata ahnN be acceptable to Lendar and ahap tnolude a sWndard m�rtQape claua�. Lendar ehaq hnw
<br /> �_• �•�• .°.8�.»-.. �;,� �►• � �� �^n�ia eM ahM n/�wlrl �rsmN� o
<br /> .._— IfiP�f�[ [O f10�Ii IIiY POI�GIYy Mtlu �Mtewwa, it i.'m�uw ivyu�w� L'iui u:io j.:S'.i�'..j...� �.!^: f°!'- _ In-
<br /> �nd roaswai notices. in the aver►t ot bsa, 8orrower shaN phro prompt nottce to ths Insuronce carrter and Lender. LendK mity make
<br /> �a proo}ot bae R not rt�d�prompty by 8ortow�r.
<br /> UnlpsA LandK�nd 9arrowar othsrwisa�prw in vrrlthp,insu�mc�proCMda ShaN be I�ppli�d to rastor�tbn or repaU of th�Prop�ty
<br /> dam�ped, Y the rostontbn or npaY k economlcaly f�sbla and L�ndefs s�curiry k oot Nsssned. ff th�rottoretlnn a np�tr t�nqt R
<br /> �conumtcpl�r htebN a Lender'a securR�v�autd ba Mas�ned,ths hsuranc�prxeeda shaN b� applled to ths tums a�cund bq thW
<br /> 6�cunly Instrumau, wt»tha� w no! th� due, wkh �ny wccaas pald to Bortowx. If BoROwor o8andons tha Prop�rty, or doos not
<br /> �nsw�r wkhln 30.d�yi a notko irom Undu thet the haurencs curbr has ottered to ssttM a al�kn, then Lvndsr rt►ay coM�at tha
<br /> Y�sunnc� procsad�. ler.�ler may uso the praceeda to repeY or restoro th� Property or to pay sums secured by tAis Soou�7ty
<br /> Instrumant,whnher or not then due. Th�30�day p�rbd w(q bepin when th�not�o is pHen.
<br /> UnMss Lender and Borrow�•otAerwlse apree in writhp, any applk:etbn of procoeds to prhatpal shaN nut extand or poatpona the
<br /> due Eate ot the monthly paymenta rete�rad to fn p�r�prophs t �nd 2 or chanpe ths amount of tho,payment�. If undur puapr�ph 21
<br /> tho Proparty i�acqulrod by Londer,Borcow�'e ripht to Any Insuronce poNCks md pracsads resuRhp(rom dam�e to ths Propwty prior
<br /> to tho acqukkbn �hal p�aa to I.endar to tha eo4ent ot tha suma sacurod by thla 5a:urRyr Instrumant (mmedta4ay prior to th�
<br /> acquisRion.
<br /> 6. Oacupanay, Pre�rv�ii¢�� Metntena�ce end Prote�tlon ot the Rr��erty; Borrower'� Loen
<br /> -- App11Ct6iG�!�; Letseholds. 8oimwm e!�xA occupy, �stibliah, ond uso the Proporty ae Borrowe�a prhaipal reskNnce wkhin sucqr
<br /> - days aRe�tt�e oxscution oi thls Secunly tnsbuma�t�d shaN continua to occupy the Property as Borrower's prinatpal rostdence tor et
<br /> - �tat ana ysu aRK th� date of occupuwy, untesa I.onder othenvis9 apreoc In wnRinp, whlch cons�nt ohali nat be unreavonabty
<br /> ���f;,�„� wkhheld,or unMss�danu�ting cPcumstanc�s aocist whlCh�ue beyond Borrowe�'s aontrol. Bonower shaN not dosuoy,damago or Ynpair
<br /> - =�=�"�•°�'� the Proporty,albw tha PropKty to detertante,or commk waata on the Proporty. Bortower shtN be In dehuh if nny fortekure aatbn or
<br /> ..—° ...,......IL... ...futAar n►i�n�n�LnLui to hnn�n Iha►h 1 nn��nnnA(n4lf hufmm�n�nn��W rd��Y{n Inrfn4.un nf fhe PrnnMv nr nlhew3cn
<br /> �_
<br /> -�:�'�`�iS�a
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<br /> - == matertalry Irnpalr the uen croatod by thla Security Insbument or Lenda's securfty htorest. Borrower may curo such a da�auR and
<br /> `- - -- -= refnstete, as provfded (n paraflraph 18,by aaushp the 4ctbn or preceedhp to be dlsmissed wkh a rulfnp tt�at, h londers pood takh
<br /> --����� dstertninatbn, preoWdae foAekure of tha Borrower's IntQrest h tho Prop�ty qr other rtu�terinl tnpakment of tha Nen CrNt�d by this
<br />-__ _ - ? �curily trtswment or lend�fa securiry htensG eorrower shaY etso be h defauk M Borrower, durhp tNe ban appNCOtWn process, _
<br /> _=---= p�w m�tO�iUty faFsa or Inaccurate hlortn�t6on or sLMrt�nb to Londar (or ttGed to provid� Lender wkh �ny mtteri�l hfom�atton) In
<br /> - ��� connectbn with th�b�n evidrncsd by the Not�, haludhp,but not WnR�d to,repnsent�tbna Qoncominp Borrowix's occapu�oy of the =
<br /> �-�ti��• Property as �prhopel resid�nce. If thls Security Instrument Is on a besehold, Bpnower sheB Compry with aA tA�provhbna ot d�e
<br /> -:i".t��arr�r�
<br /> �"•?�" u ` 10a69. It BOrrOV�rBr�CqUitYS 19B tkl¢t0 lhq Pr0
<br /> perty,the teasehold and the teo tRte sha!i not morpe unlesa ths Londor aproes to tho !
<br /> -="'`ir'' '�,r'• marQer h t/�rRinp. �orm sOT�v/oo �
<br /> - --�..v__��f F1040.LM0(W96) Pap�4 of 6 -
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