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<br /> Bortowars c:.craw acoount under Ihe faderal Raai Ectate Sottiamsnt Procodures Aot ot ip74 aa am:,nd�d hom ttm�to lhne, 12 U.S.C. �
<br /> 2801 ct oeq.("FESPA"),unL,sa anothcr I�w that appl'.o� to tho Fund� sets e k�sser emount. il oo,Lender mey, at any tims, colieot and
<br /> hold Funda In en emount not to cxcc�d tho I��ccr nrnount. LCnd�t may c;,tlmato Iho nmounl o} fundc duo on tP►o bnol�o}curcant data R4
<br /> . and reaaonabb osiknates ol e:cponditures of futuro Encrow It�no or otherwlee In eccordnnce wRh t�pibebl� aw. �
<br /> ��� The Funda ohnll,b� hob in an hstkutbn whose depoafle �re Inaurod by a federal ayenoy, InetrumentalRy, OP entRy (kloludhp �
<br /> � Lender, M Lender is such en hstRi�Non) or fn any Federal Hom� Loan B�nk. Lender shall �pply thv Funde to p�y th�Esarow Itwns. �
<br />-•; I.�ncter m�y nat chuQ�Bortow�r tor hoWhp ond appiylnp th�Fund�, annualy �nayxlnp the escrow �coounl, ar vsrNylnp th� Eeorow ,A•!
<br /> �"� Items,unlesa LendK p�ye @orrowir fnt�rset on th�Fundd and�pplbabM I�w p�rtnke Und�r to nuk� w�h �oh�rp�. Moww�r,L�ndor ,,._
<br />,:;�;�� mry requk�Bouoww to �ay P on�t��» ch�rp�4or Cn ind_�cnd^nt re�l e�tnte ta+c rep�rth� aervfca us�d by lundu in conna�tbn wRh
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<br /> - . . » . . . ---..�..-- -.�__..�._ ��.,i,... .�....o.....m a�narf�m aonllnahi� (lw T�GUIt�a ht�fNt t0 W P�Id� L�fIdM �
<br />___-,.--_' 11N::JGII�unr_ee e.�p,�r.v��+w Niuvow� uu�wnr�. .��n........���...�..." _" .. � '
<br /> � }i� nhall not b� npuk�d to p�y BorrowK any htsr�t! or uminpo on tha Fund�. 8orrowa and LMd�r may tprM In wrkhp,howawr,Inat � __
<br /> ���� Intx�st •htll b� pdd o� M� Fund�. L�nd�r ehall pk� to 9orrower, wkhout oharp�, �n tnnwl accountlnp of th• Funds, ohowlnp -
<br /> cr�dk��nd d�bRs to th� Funds 1�nd th� purpot�tor whbh Ntah dobR to th� Funds wao rtud�. Th�Fund1�n plsdp�d u addkbml �_
<br /> : � ��aurRy for�11 tum�a�curcd by ihls S�aurRy Inetrument. ''°
<br /> `" I7 lho Funds hold by L�ndar oxcrad tho amounq permfttad tu bs hald by apptbable law,Lendw th�ll �coount to Borcow�r lor th� __
<br /> � '*.'.'� �� ucau Funds h accordanc�wkh the nquk�msnta of applbabM law. It the amo�nt ot the Funds hNd by Lsnder at�ny tlm� k not ,�___
<br />�-. ..:�� ' suttblait to pay th�Eec�ow Itemi when due,Lender may so notHy BoROwsr In wrklnp,and,In auoh ateo 8orrow&r shzh pay to Lcndor �'�-
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<br /> ;_,,;;,.,,, tho amount necessary to mtke up tho defblency. Bortower shall make up the defblenoy in no more lhan twaAre monthy ptymenta,st
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<br /> ,' .-��:-"• Lsndera soio utac��iWr�. --
<br /> __",� ,� ' Upon payment h NII ol all�um�60ourdd by thls 3eourityr Inswment,Lender shalf promptty retund to Borrower any Funda hefd by
<br /> i.--
<br /> .� ��':;� Lender. If,unrWr parapraph 21,Landw shall ncquko or sell the Property, Londor, prbr to tho acqufsRbn or saw of th�PropaRy,�hail R-
<br /> ''T+'"�� �' apply tny Funds hNd by Lender�t tho tima o}soqulskbn or nafe es a oredii QyeGist tho suma �:cured by thb 8!autNy In6trument. _
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<br /> -�-•�• • 3. Appllcatlon of Psym�Ot6. Unless appl�able {aw provides otherwfse,ail paymenta reaeked by Lendev under perepraphs
<br /> � 1 and 2 shall be eppll�d:1'rst. to any prepayment oharpes due under tha�Vote;aecond, to amounta ptyabM undor ptrapraph 2;third `-
<br /> .y;.��in�� to hterest due;tourth,to pnc�ipnl dur,�nd Iast,to eny lats aharyes due under the Note. -
<br /> • 4. Ch�rgea; Liene� 8or►or�er shall pay ell taxes, assessments, oharpea, fines anA impoakbnB �ttr2�ubtbfe to the Propatty
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<br /> �_�„ whf�h may attnh prlorRy over thls Securky instrument, and leasehold paymonts or pround rents, H any. Borrower shaH pay t ase
<br />'_,;.�:4?�ti:,•� obifgatbns n the manner provided In parayreph 2,or M not Rald in that mannsr,Bortower shall p�y thNn on tfms dk�cty to ths pKeon
<br />��,+����;� owed payment. 8ortower shall prompty(umiah to Lender all notices of amounts to be paid und�r thle parrpraph. If Borrower makss
<br /> ��+� these payments dkaaty, 8ortower shgll prompty itimish to Lender reeeipte evidanohp tho p�ymente.
<br /> �4;�,•.r,*,i{� Bortaw�r shall promptly dkoharp�any Iian whloh has prbrky ovor thla Socurky Instrum�nt unwas BonowK:(a)aprMS In wrRhp t�
<br />^��� the poyment o}th�obNpatbn socured by the Ilen In a manner acCeptable to Lender; (b) uontasta In pood tpkh the ilen �y,or de(mds
<br />���=�"{�+� ��., i.. .IN In nrwruTa
<br /> y.jy_jr.�:�l� lQll�ift 611fOfC!(iN1i1 Of L(181IYn �1� irpai piv�wu.�yp5 i����.� �Ji=ti^v....^...° S o¢!'►.-n _,-_,— tn nra��t ths enforcement of tha 116n�Of(C�
<br /> _.,'.c:^��-- s�cures hom th� hoWer of ths Ilen�n eyreenwnt eatfsfaatory to Lender eubordhatinp the Ilw�ro thb Securky In�trument. It Under
<br />'__tic:k�Y�r4-.
<br />=�T.;;�, determinsa thet any part ol the property Is subJeot to e Ilen whbh may attetn prtorfty over this Seeurit�r Inetrument, Undu rrMy yiw
<br />"�°s' Barrowa a notfca IdentHyinp tho Iien. Borrower shell satisry the Ilen or taka one or more of tha Qotbna sat torth abow wkhh 10 daya
<br /> --- ot tho pHNp of notice.
<br /> 6. Hezerd or P�aperty Inwrance. Borrower ohall keep the knprovwltents now ucbtinp Or hsroeker K�oUd On th�
<br /> = Property hsurod egahst bss by fin, hanrds Inoluded wRhln the term"extended coverepe'and�ny olher hs�rds, Includinp fboda or
<br /> fbodNp, for whbh Lw�da raquYes Insurence. Thh Insuranc� ahall bo mahtainod in tho amounts end for th� p�rbds thtt I.�►dK
<br /> --== =-�-� requPes. The inaurance curier providhq the hsurance shsll be ohosen by Borrower eubJsat to Lendws approvd whksh ehaM not ba
<br /> - unrs�eonaby wfthhoid. If Bonower taits to mahtah coverape descrfbed above, Lender may,at Lender'e optbn, obtatn covonpe to
<br /> �v----- oroteot Lenda�s rlphtt fn tM Propaty fn acoordance wNh parepraph 7. —
<br /> Atl fnsunnc�RoNCi�s Nd ronsweFS ahall bs�cc�ptabM to Le+ider�nd shall hclude a atu►dard moApsp�cku�. Undx shaN h�v�
<br /> ���+� ths rqht to hold the poRCbs md renewats. It Lender requkes, 5orrow�r shtA prompty plw fo LandK tl rac�pts ot pald prwnbms
<br /> _-, md renawal notic�s. In lhe wror►t ot lass, BoROwar ehall plw prompt not��ro ths hsunnc�curMr and L�nd�r. L�nd�r rru�y mak� -
<br /> proot ot bas M not mad�D�ompty by Barroww.
<br /> --�—� Unbss Lsnder�nd 9arower olh�rwlss apres h writi�p,hsurence proceeds anall bs eppiied to nstontbn or roptlr of ths Propsrty
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