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<br /> Borrowor's escrov�aooAUnt undor tho frdAral lieai Eatsto BattNmont Procadure9 Act ol 1974 ae amended(rom tlmA to tlme, 12 U.B.C.
<br /> 2601 et�ceq.("RESPA'),unl�ss nnother law that eppl�3s to tha Fund�6ote a Iss Jr.s emount. II eo,Lender msy,si eny tirno,cotboi and •
<br /> hold Fund� ln sn emount nat to or.cecd tho ti�sr.er emount. Lcndcr m�y ostlmnto tiio emount ot funds duo on tho baols of ourQnt datp
<br /> pncl reasonable ostimatos of oxpondituros o}tuture Hocrow Itorn9 or othonvls� h accordance wlth applbabl� I.iti��. „
<br /> • The Funds shall 66 hold h an Inutitution who88 depo8118 ero Inaured by e tederel apenoy, lnotrumantallty, or enllty (I�oludlnp
<br /> Londar, N lsnder l9 suah an InatRutlon) or In nny Federtl Home Laen Btnk. Lendw shall appty tho Fund3 t� pay Iltio Eecrow Itoms.
<br /> , � Y� Lender may not charpa 9orrower tor holdhp and applylip tho Fund�, annuelly analystnp tho escrotiv account, or veritylnq lhe Encrow
<br /> items,untesa Lendar paye Bortower hterast on thc Funda 6nd 4ppl�abb la�pe►mks Lender to m�kr auoh s oharp�. Howwar,L�nd�r
<br /> msy rr,�ulro 8onower to pey e one�tlme otiarfle(or nn hdopendont real ostato tax reportln0 Curvico used by Landor In oonnuation wNl�
<br /> ,,,,.•,�, this ban,unlass applbable Isw provWea otherwlss. UnMs� an�pr�nont W mada or�ppl�abk law roqukoa hhr�ft to bo paltl,l.�nd�r
<br /> ,;°��'� 6hnll not be requked to psy Borrower eny htwast or wminpa on lh� Funds. Borrower�nd lmdw may epre� In wrkinp, howrrK,IhNI
<br /> ,;wa`w"�"� hterost ahall bo psld on tha Funds. Lendor shall pMa to Borrowx. wRhout ahnrpo, an annusi acaountinp of thp Fund�, �ho�vhp
<br /> '`�""""�� credfte and debks to the Funda and the purposs lor whbh oach dobR to the Funds was mflde. The Fund�en pNdp�d�ta �AdRloml
<br /> tY , �
<br /> sscurRy tor all sums seaurad by ihis 3r,corityr InsWnwnt.
<br /> • if the Funds hsld Hy I.ander exr.r,od iha amounts pamRtod Pr,a t� hokl by appllaabk taw,Lsndor shtll acoount to Borrowa fur lh�
<br /> �•%' ' uxoose Funds h aoo0rdanco wRh tho requkemE�te of ep9l�coA's t�•rr. If the emount ot tho iunds held by L�ndK at �ny t1m� H not
<br /> � ,. �; �.�.;�.:.
<br /> �''• ' ' su8bfent to pny the Esorow Items when duu,Londer may so notify Borruwer In wri;lnp,Rnd,h such oase Borrower�h�ll pay to L�nde •�-
<br /> � .;1�;'
<br /> the amount noceseury to mat<e up the dof�bnoy. Rana�rror sha11 Rs;ce up the 'cta"!cicmoy In no moro than tweluo monthiy pAymante,al i;;:.
<br /> ' .� � Lendefe eob discretlon. *�"•+;;
<br /> Upon peyment I n f u i l o t a A sums 6rcured b y thls Seour i t y In�?ti•�r;snt,Lender shall promply �efund to Borrow�r nny Funds hpld by _���;
<br /> � � l.ender. If, under parflqraph 21, LortQor shall acquYe or sell the Property,Lender,prbr to tho aoqulaftbn or eni�of ths Propirty� Ihtll �.F
<br /> - - '�. h I b �cndcr at tho tim�of acqulsftlon or eflf9 ee a credR e�einst the sums eecurad by this 6�curfty Inet�um�nt. -__
<br /> , .' sPPh dny FundB G d y
<br /> -,-.
<br /> , ;,:., ::,�. 3. AppUcall�n oi Paymente. Unbss eppUcoble la�v provides otherwise,all peyment� recelvad by Lender under p�npnph� ��`_-,r
<br /> � , 1 and 2 nhall be applled: fYSt, to any prepeyment oharpes due under the Nota; eaaond,to�mounts p�yAble undx ptnpraph 2; thkd -`��
<br /> � to hterest due;fourth,to prinolpal due;Qnd last,to any I�te ohargea dut under tha Noie. " -
<br /> .?:"'"t' «: :r: & .�:-_:
<br /> '�"+�7'•x!-.�a� 4. ChATQOa; LIBM. BoROwer shtq pay tN wus. �esesamanro, ohar�a, fhos and Impo�kbns attrbut�bN to th� PropKty �
<br /> :-•:f`�:� .
<br /> �.�•.:,� ►vhbh may aitah pdorNty over this Eecurky InsWment, Qnd Ieasehold paymente or pround rento, H any. Bortowe eh4ll p�y t �so __-
<br /> � ` � .�{� � oblpatlons h thH manner provlded In perayrpph 2,or M not peid in Nat mannor,Borrow�r sh�B pay thsm en tkne dk�otly to th�pKton
<br /> �=;.w..4f owed qaymenG Borrower ehall prom�ty tumish to l.endx all notices of amounta to be pald under thls parepraph. If Bortowe mlkos
<br /> -����� : thes0 payma�te dlreot�r,8orrowor shall promptiy fumfsh to Lender raCelpts bvide��Chp tho paymsnts.
<br /> `'' r,�� Borrower ehali prompty disoharpe any Ilen whbh hat prbr}.y ovar this 8ecuriry Instrumont unless Borrower. (a)aprM�In wrNhp to
<br />..-�F�'�,.f
<br />-.:r�i,:j�,,P. the puymer►t o}tho obtip4tton eeeursd by tha Ikn In a manner acceptabW to La�d�r; (b)conteats h pood fakh tha Ikn by, ar tMbnds
<br />-'°��•"`t � ��.::s!�f9r��m�n!4t tho Itin h, fnaAl oroceedhas whfch h the Lenders oAhbn Operete t0 prevent the entOtCYment 01 th� Iien; or(0)
<br /> '��jl��'�'�i sxaurea hom the holder of tho Ilen an epreomeni satislactory to Lender subordinethp the Ibn to thb Securky InetrumMt. If LMd�r
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<br />-;•-;;1(��� ;;�• determines that sny part of the Property Is subJect to o Ilen whbh mty Qttain prbrity ovar thls 3acurity Uttrument, L�nrkr may plw
<br /> .�-}�'�::��,f; Bortower�notb�IdentNyhq tha Iien. Borrower shell entisfy the Ibn or tak�ono or moro ot th� totton9�et fofth abovo wkhln 10 d�ys
<br /> _��,s�?'� of the p►ulnp of notta�.
<br /> ,�,�;,'t;'v.'l'...__�
<br /> =- - 6. Hezard or Rraperty IneuronCe. Borcowit ehell kwp tho Improvirnintfl now �xfsthp or haraft�r �rNtod On th�
<br /> �v�"-� Fropxtyr hsurod�puhet{aaa by Mo, huuds fnatudad wkhtn lhe lrm 'extend�d coverapo"and my oth�r hozarda, howdinp fbod� or _
<br /> ��'r,j fbodlnp, for whfch Landar roqulros hsunnco. Thls hturenco 9MII bi meht�InW Vn tho tmounts and tar tho parbd� thtt LMdK
<br /> _.;�._� requkes. Th�insunna c�rtler providinp th� htunnc��haY be cho�on by Borrowet subJoCt to Lentf�f� �pprovtl whbh shaA not b�
<br /> _-��-���� unraaeonoby wkhhald. It Borrower falls to malntein oovorape doscribod above, londor may. at l.aider�optbn, obttU covK�y�to
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