|
� _��
<br /> � --- - --� -��r:= -_..._____
<br /> '� .�i . -'�.�.;._:_: �..�..�....w._.._:--_-- ...y..._. ...._.,__-
<br /> Q^-��„��,t:.�---__.,
<br /> ' BorcOVr�s�ow iCCOUnt undor t1N N�ral FWI Eital�`" 1rrt�nt ProCiduns ACt o! 1974 u�rtwnclod kom tfrtM to tMi, 1:U.S.C.
<br /> ' 2601 M tp.('RESPA"�unbss�nalhar I�w that�pp11M to tM Fwtds wt��WsM�nout'►t, N 40.Undir miY�at�nY fYrw.CON�;.t�nd
<br /> • Ao10 Fund�h �n arnoun!not ta acNd d►r Masar arnoacnt. Land�r miy M!lraM t1+�am0unt ot A�nd� dw On I�w bOw pf Curr�nt dui
<br /> o++d rweorwDL+�w:�ut�a ot p,,��ndiaua at btura escrow Iwrsu w� otttiww�i, acc�r�;w�wRn�I::aLI�4�w.
<br /> TM Fund� aMll b� Mk1 b an Yutkutbn whON d�p�DSkt aro Mtsund by � MdKa! �pM�oY� haHL•nwnt�litY� or �ntkY (inCLdYW
<br /> l.�nci�r�Y Und�x it suCh an inttkutbn)ot' In any F�daal Ftom�lo�n Bu�k. I.�n+l�r thaY�pply lh� Funds t0 paY t!►�Eactow INrt►s. �O
<br /> l.�nd�may not c1+u^p� Borro�wu 1or Aoldhp v�d epp►yinp tM Fund�,uu+wYy wMslnq tM�ow accounl,or wrifyhp th� E�uow �
<br /> It�ms.unMU L�►d�r PaYs Bartow�r hl�tisi on tM Fund�and�liC�bl�Vw P�nks Undw to m1k�wCh� C�ar�. HowM�r.4ndrr
<br /> m�y �.iquW Bocroww to piy a Orw�tYna c1+ar�lor �n hd�po+xiwk �wtYla t�ropwti+ip si-viai utY�d Dy I.ind�r fn C0+►iwCWn w711► �
<br /> t�.�$ .�'..'.'1. 49.�".^�'.:.MM:i"..'�.�`'a`3V:ptOYldii C:lC:.���'..'. Ut174Ci G'i:y;�:��wi:�i f1:u�0::.��°'.,'.bfi tiw t�:�YiL 'itiiti:i t0 bi�w, iw"i..�"�. ^y
<br /> {htM rfOt b�f�L,Lt' Ir'�d t0 CaY B�rtOwK�nY InIMNt Ot Mml1'►CS on t1N Fund�.BOtrGwK�nd lMtdlt mlY�N h wtiNfl(;. AOwww,t1�at �
<br /> no�u snw a aaa «, �n. Fw,a. �.P,d.r sna� o►w co aoRaw.►, Wr�w� ceuc•, a�►� .ocowu�w cn. Fw�a. ��oW�
<br /> cndia�nd d�bks to th�Fund�and tM p�upas�for whlch woh d�b11 to th�Funds was mad�. Ttw Funds w DMciWd ai addRbrwl �
<br /> i�CUrity lor W sum�s�CUrW by thw S�CUtitY Intqumint. �
<br /> 1!Ih�Funti�Mid by I.�nWr�cCMd tha I�mOUnl�p�rmkSW W b�h�ld by appiCibM�w� LM�du ohall aCCOUnt to Bortowr lor the
<br /> �ass Fw�di h aCCOrdanC� wilh tM nquinnw►ts oi�ppliCab4 I�w. I!tA�Ympunt ol lh�Fw�da hNd by Undar at�ny tiitr f� nol
<br /> wtGCi�nt to pay th�Escrow It�ms wMn dw,Und�r rtry so noUy Barrowr tn writhp,�nd,In such casa Borrow�r�hall pay to Land�r
<br /> tM artiount tNwtsary to m�k�up th�dNicMnCy. Bortowu sAall mak�up tM dNici�nCy h no moh than tw�Na montt�b P�Y���u
<br /> L�nCi�t SoU dkCr�tion.
<br /> uA�+WY�►t in A,Y ol�Y wms sacurb bY thM Sacurity Initrum�nt.L�ndK il+aY promptb nlund to Borrowu anY Funda Mtd by
<br /> L�ncisr. {f�uncMt ponpnph 21�Und�r shall licquln Or sW tM PropKty� LondK�P�ia W tha acqut�itbn 0� sW ot tT►�Propwty�shali
<br /> iRPb any Fundo Mtd by I.�nd�r at tM Nma ol acqukNon or sat�as�cndit�pahtt th�sums s�cund E�r thi�Socu�ity Instrum�nG
<br /> 3.Applicatbn of Paytltenta unwss applicahr kiw pro,ridac otnMwlc., ar wrm.ncs nc.lwd cy l.ndu undw parapnprw
<br /> 1 uui 2 sh� b�appli�d:frst.to �nY P��P+Y�t clwpn dw und�t ths Notr s�cond. W aiswunts payabi�untiK parwraph 2:thlyd
<br /> to hL�t dw;1ouM.to prhClpcl du1;�nd Ytt,W any k0�Clwp�s dua undu tM Nota.
<br /> 4.Ch�r�ea� Usru. sorrow�r:nar pay �r wye. au�ssnw+u. ctwow� �+as �r+d trroow7on+ �tubut�bM w th� Proa�ey
<br /> which rtry�R4h orlorlty owr tA1s SaicuriN {nstnurMr►t, and Ira�hold payrtrnta nr ground nnt�, Y any. Borrow�r shall o�y th�s�
<br /> oOYpati0rls h tM minMr provkkd in paqproph 2.Or Y not paid In ttyt mmn�r. BOrrowu ShaY WY thYm on tim�dMnCtly t0 th�p�rson
<br /> orwd p�ymmA Borroww shall prompty fumkh to L�ndr all noNcac of amounta to b�pafd u�d�►thlc panpr�ph. N BortowK m�kss
<br /> ttNW aYrtwtits d:yct►Y.Bortoiw�r shall PromAty tumlah to L�ndw ncaptt wid�ncnp tM1�paym�nu.
<br /> Bartawr shaY PromDW dktharpa ony kn whbh has prioriry owr thk Sacwiry Inswm�nt unt� Bortow�:(a)aprws In w�ithp to
<br /> th�paym�nt ol th�ob+G�tion s�cund by tlN wn h a m�nnK accopfabt�W l�ndr; (b)cant�sta h pood taith th�f'w�by.cK dMmds
<br /> �pllnst�r►tor�c�nont o!th1 1'w� In, Ipal procNdinyi whlCh In t1N L�nd1r's ophfon op�rtto to prwMit th��nforcMfwft of ttN li�n;or(C)
<br /> s.cur.z uom tn. no�a.r a tho ran an.Oro«ew►t sauer.ct«S►eo Und.r wbordr�acr�p en.w�n w 4hi� s.cu�tty tr�swrtMnt. n �«idu
<br /> dWrtnYt�s ttfat�nY aart Gf tM Prop�rty ic fubJ�C2 to a 4M� wh1Ch miy �tfah priority owr thii S�CUr�y lnitrWnril. Und�r tn�y qlw
<br /> earow.►.nocb.�d�nNytp uw wn. eort►�w.r snar satl�ry tn.lisn or taw on.or mon o�u�.actbns ae roRh a�.wYhln to days
<br /> W ttw�pMinp of notia.
<br /> 5. Ha:ard Or PfOp�rtyl MMUaRCl. Borro�w�r ShaY kwP tt» imProwmmn r+ow akti�p or Iwnatlw �ncT�d en t1N
<br /> Prop�rh i►s�.x�d p�Y+st bss by Cr'�. ftwrd�InClud�d wkhtn tM L�rsn'�d�d cC�'and any oth�r hanrds.hclt+dHp Aoas ot
<br /> ---�°-- -- ....._. .--�-- --- •--- •-- ----- •- •-- �---- -�...�. _.._.... . . .�. -- •- --. .._ ..- -- ._._ .._.
<br /> - .ww:u.�y, wn�w� uwwaw .w�u�w nsw�w�. Tiio ■�swa�� s+r�w n��w+�u u uw�i�w+us rw�w us yw�xw N� i.iiw'w
<br /> hqufrw. TM lntunnCi wrW Provi�Y�O tIN ttsunnC�shaN b�Chot�n by Borro�w�r wbJ�ct to iandirs�pprOVal wh1Ch sfW not b�
<br /> w+nasonaby w�hMtd. u Borroww ta;tc to mainutn cowrap� dsscrb�d �bow.1.�nd�r m�y. at L�nd�s optwn.obtain cov�r�to
<br /> proE�ct Und�s Mphts In th�Prop�ty In accordanca w�h parapr�ph 7.
<br /> Iul Ins+rar�Poi�cioe uW m�+wak shall b��ec�ptabM to UnWr�nd shall inck+d��tt�ndud mortp�p�cYuw. L�nd�r shat haw
<br /> . tM NpAt to hofd th� Policbs and rwww�ai�. Ii t,.�ndu nqutrw, Borrow�r th�Y aomptN qlur to I.�ndK�11 r+�C�iptf of Wld pnrt�lum=
<br /> .na nnwwl notia�. In tA..va,e w au. eorro,w.r sn.r a�•a�+ot nodc.to u+.tnwr.nc. curw.aa�.ea.r. I.�r►a.r may m.x•
<br /> ptoof of iott if not matN prompty Dy 8arovwr.
<br /> unMss L«,dK and earow.r oth�w's..pro.h wnirp, �wrane.proewds snar a.ppp.d w e�sc«uion or r.p.'r a tn.P�oprty
<br /> d�n�qd, i�M r�stor�tlon or t1piM Is�OnOnfiCaly Ntsblr �nd Lendw's s�CUi�ty is nOt i1sSMMC). N tM nsWatton or npair ft nOt
<br /> �conon�ic+1Y iMSbM a L�W�� s�curiy woufd b� Mss�d.th� hwanc�procwdt shal b�appli�d to tM sums acund by Mts
<br /> S�Cwiy ktt0trnwit, whMtw or noi th�n du�, with any �ooC�ts paid to BorrO�w�r. M Borrow�t tbandoni ttM Prop�rty� ot doM not
<br /> amw�r withh 30 days a notY.w irom landr that tM hsunr� r.arrir hae otAnd e� � a r.rn.; th�n i ir+c.� �►+�;+ c�! ±Re
<br /> Inwta+�e� P��. l.�nd�r may us� tM procMde to nWir or nstoa tA� Prop�ty a to pay swnt s�cund by thia S�c�xiy
<br /> k�tKunwn;wMtAK or not th�n dw. 7M 36day p�iod will bpb wtw� tM notic�is plwn.
<br /> . u+�Mss 1.aad.r.�d soROw.r otAawlw.pro.h ,wr•rl�,o. anr•av� a procasdo w ptiricfp.�sNa�noe�nd «postpa»trt�.
<br /> dw d� W th�monthy paym�nts rM�nrd to in panpraphs t �r►d 2 or chanp�th�amount of th�paynNnts. M und�r p�npr�pA 21
<br /> th�PreD�r1Y k�equM�d by L�ndlr.Bonowar�Npht W�ny ifsuranc�pot'ichs�nd ptoCa�ds t�ta,tkip frOm d��W th�PropKtY Prio►
<br /> to th� �cquft�iot� =hall P�s W L�ndu to ttw �om�ni of tl» stuas s4cund by thk S�CUtiy Ia�fruaMnt hr�Ndi��N1► P� to th�
<br /> �cQuicilon•
<br /> 6. Occupancy, Preaervatlon, �ai,ntenance and Protection of the PropaKy; Barower's Lwn
<br /> Appitcatlon; Leaseholds. a«row�r st�r occuar� �+b`ct�. ana usa en. aop.rty aa e«row�rs prncrp��wx�n:oay
<br /> d�ys aR�r tM �cution a this S�curiyr Instn+m�ni and shall eontitiw to occupy th�Propwty as Borrov+ws prsticip�l nsld�r�(a u
<br /> fwit on� y�r aftK tM dat� of occupu�oY� unl�cs Und�r otl�wia �prMS in wrYhp, wttich cons�nt shY not b� utw+rson�b�y
<br /> tkltltlt..�.,�•u^•lq;.C...""iiJ02'."t�C'1cutA:Y•tiCC:a'wt t;th�.!ptv bayG'�d Gc�iiOw�i�L CO�wOI BOtiO�wi�SflQii tl0i G�uOY.GYfil�t�►iMpir
<br /> Mu Pnop�rb�abw th�PropKty to d�briorata,or carmit wast�on t!N Propaty. Bonoww thall b�n d�(auk Y�ny faNi�+w�ction a
<br /> proc�q,whoMMr civil or er'rnhal,ie b�pun that h I.�dars qood fa�h judpm�nt coutd nsuk tn bA�itun of etN Propwty w othwwia
<br /> ��Y MP+} tM Ii�n aaat�d by thls S�cauit�r Instrurtwnt or Londws s�ciuiry intxast Bortow�r nuy curo such a dMaut �nd
<br /> n�seati. ac provid�d in puapnph 18.by causiip t1w acUon or P►ocwdlrW to ba dicmies�d with a rulinp that in Undwt pood hith
<br /> . tlwrtnY�tbn, pncYidas tabiQin of th� Bortowars inbnst in th� Proparty or ottw rrwtxial irtpairma�t Of tha f�n ct�at�d by thic
<br /> Suurity Instrunwr►t or Laid�e's sactuiry intatost. Bortowrot shvl afeo ba in d�tauk it BortowK.durinp th� b1n �pplication proats,
<br /> • paw �itlly fatw or inaccur�W intormation u statorMntt to L.a�dK {a tailad to provid� I.�ndK with �ny rtwtwial nta�riaebn) tn
<br /> CoruNCUon wkA tha ban wld�nad by th� Nota. inCludinp, but not linitad to.rapr�sanWtionz Caicornin�BorrOw�ari OccupancY of th�
<br /> Proparty as� pri�cipal �. It this SocurRy lnctrurtwnt is on a laas�hota, 9orrowor�n compy weh tY th� proviebns ot t�
<br /> Iw=1. N Borrowat aCqui�s fao titf�to th� Prop�ty. ttw Wasahold and ttw ke tN� shail not mYrp�unl�c th� L�ndM aprMS W th�
<br /> ��h��• Fwia ao3�WYo
<br /> FtO�Y.LW(�/W) Paa�2 01 S
<br /> 011011liN
<br /> _-< -_ _- `-�----------- ----- -
<br /> --- -----
<br /> .._.aosca W�...,a.i� � . . . �- - �` . _ - _ _._ . .
<br />
|