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<br /> The Fuixis slw�l t+e ikld in �u� inwtitutis��� wb�►+� Jc�w►�its are Insurcd h �,rncy, i,c.::Y"�;,tkitc, c�r �r.t�!•
<br /> (ir,clu�iins l.ender, if l.eruler iti xu41�un inHt(tudaul ue in uu> I�t,tcral Ilnn►e la►an Dank, i.cixier sh�l!�rl� t4r�•un�ix to pay the _
<br /> Eccrow Itenu. LGxIC�nuy ncu chtu'�c Fi�+rt�ow•�r fur la►{dli►y;AI�t1 appl�•1n�!Ihc I�utxls,am�ually analylinti �:tir rs�r�w accaunt.�r i
<br /> �•e:iCyin�the Escraw henu. unlr.►s.Ixrecter�uy�Hrsr�+wr'v 1��Iu�'+1 ��ii iii�1-uiti:lv and a�splicahlc law �rr.�it��nde! to mai:e s;;,� _
<br /> �clu►�g�. iiow�o�•�r. l.citi;lcr neuy rcyuirc F3��rr��wtr��ti ry}�a anr�link rhargc f„r an indr.pciuicnt ecai esca.�;ar rep.:ting sc;,i,,r _
<br /> used b,+,� I.endrr in com�cttinn with ihi� l��n. unlr�� �pll��a1�lr INw �+r��i�kc utl�erwise. Unles� ��n af;rcernenx �s ma,:: -.::< <
<br /> upplicai�lc iuw rec{ui►•cs inte�e�t to t+c p:�iJ, lxiwkr J►all iu�l l►r ��+�uirtxl t�+paY 13�irmwsr any intcresi or enrnings��n thc Fur�:::.
<br /> BorraK•r�anci Lcndcr�uUy ugcee iit w�i��iip. F��w•���cr. U►w1 b�trrc�l�hull F+c paid��n Uir. Euncis. [.endei sh�11�i�•r tn Borrower, ^
<br /> without cha�•ge. �i�annuul :u:countiog of thc f'unJK. �IM1N'IIl�i ��retlil► aikl d�bil� ta the Fun�lc utxi the rur�x�.e 'i:�r which each
<br /> deb�t t�the Fund�wus nuutc.Tlte Fu�uis ure plc.t�u1:►c uttdill1�n•ri scrurity G�r wll:uiii�hetur�:rl by this Sccur,n�Instrument. _
<br /> If th.,i�undE.hcid by lx�xler e�cc*cd thc znxwtUs Per��itlat l��Ix'IuW b}�sppli+:ablG ��w. ���'shal't u.c+�-+unt ta Sorrower __
<br /> fur the excess l undt,in sueucdu[tce w�ch�he�e uir�n�;.iuc iif wppllcxblc law�. If th. u►nuunt uf thc Fard:hrtl by�..ender:�::ny
<br /> eimc i��xu w�ficien�eo puy�hc E.�crow Itcnls w��en dur, I.cniier i�wy w r►�uify Borrowef�in writinfi,and, m su.h:.su:.BUm•wer
<br /> shall pay to Lender die anuwnt necess�ry tu nule up IFw dei"icic�tay. Ba;iower shall make up the stefi.i�ncy in nc�emre t�au __
<br /> twetvo montRly payma:nts,at l.endcr'�sote discreticu►.
<br /> Upon payment in full af all sum.e socurcd b� �hi�Ssrurit�' I(1��1U�tklll. Lender s�h�ll promptl� reY"un3 m�rn+�w:r:+�J��' _
<br /> Funds hcld by I.�nder. Tf,uiuicr paragcaph�I, I.cnde�sl►all acquirc or�cll the Propcny, Lender,pnor to tA:ncqu+siiic�n or :.J:e
<br /> of�he Propeny, shuU apply cu�y Fwxls hctd by Lcnder at tt�c�ime af�uyuisition o�.alc as a credit uga�*ut tha su��vrua ib f
<br /> diie Seaurity�Inst�ununt.
<br /> 3.Appltcatian of Pvymeuts.Untess upptirable law pro��idec otlurwisc.all paymGUts received by Lca�l:,r nn�le�parn:"??'h�
<br /> 1 nnc12 shuU be applial: first,to any PrepaYmen�ctuugt�duo undar tt�c Note: second, to anwunts pav�b]:a:nur.r�aS�=:
<br /> third,to intcrcst dua;fourth.to principx!duo,w►d last.l0 A11)�61C ChHijC9 d4C��W tI1G NOtC.
<br /> 4. CU�u'Ses; Liecw.Borrower shall pay all taxes,assescttxnts, chures, fines ancl impasitions attribu:a'�:•r t�the 3'ro��
<br /> which may attain priority over this Security Inurumen�, at►t1 �easehold PaYmentc or�cound rents, if an}.��wer cEs�'+1 �}
<br /> these obligations in the munner provialed in paragrapb 2.or if nc►t{said in that man�er,Iiorrower shall�3 tMrn 4vn sime�i�..�G1.y T
<br /> to the person owed�ayment. Horrower shall promptly fumisl►ta Lcndcr ull notices af umounts to be paicl ao�r r:tii:�v-'�,.:�'�-
<br /> If Borro��er makes these payments direct{y.Borroa'et stu►11 pmm�►tly fumish to Lcnder rcceipts evidencing th:.13a�;m:'�•
<br /> Horrawer shutl promptly dischuge any lien which lutc�ric►n�y over this Securiry�ncwment unless•Born�µer:fa'��i
<br /> wridng to thu payment of the obligation securod by tt�e licn in a man�r acceptable to I.ender;(b)contests in�gc►�cc fai:.
<br /> 6y, or defends agninst cnforcement of the lien in. tcgA) prc�a�odinss which in thc Y.ender's opinion o�ra:�to Fse'��¢s�
<br /> eaforcement of thc lien:ar(c)secures fcom the holcier of�1a Uen an agrccment satisfuctory to Lender suborJinu�ing th:]iu.n ar
<br /> - this Socurity instcutnent. If Lender determines that anY�+at1°f�he Pr°�CnY is subJect to a lien which may�zw+.r+�'+ri�ti�
<br /> this Security Instniment.1-ender mzy give Borcowei A not�oo idcnNij�ing tho lien. Barrowu slwll satisfy the R'�'°� `4=+�°�w'3'
<br /> mom of tho actions sct forth above within 10 da)�s of 1h��i�inS oP notic�•
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<br /> 5, ��� ar proper�y Insut�nca Borrowcr �1wfl kap tl�c �n►provcments now existin� or hereafter e:ecce� ar rSse
<br /> property, insurod asainst loss by fire. twzards inclutk+d w�itiiin the temi "extendod caverage" and any other tuvy'c's.znclex�.�
<br /> flcxxis or flooding,for which Lender rcquires iruur.utice. 7't►is insur�nce sha�1 t�c n�aintained in the amoants a.�at ►�cv Z"��Cr`Ma's
<br /> ' tlwt l.endee requires. Thc insurarxe carritr Providins tf�.inwranoe shall be cfasen by Borrower subject to l,e�r'st F,�cr s
<br /> which sltall not be unreasonably withheld. IF BOTM1KCf tiUIS{O t11�itl�1A COVC7��G IIC�CYiI��OVC. Leader rs�3, '
<br /> option,obt:sin coverage to protect Lender's rights in the Fmpeny in acrnrctznoe w��h P�B��• ,,
<br /> All uUUranre policies and reneµ'a1s shall be accc�+s�bk to L.cnder and s1w�l include a uandard mottgage clsux. �`�
<br /> sha1Q iu���th�right to hold the policies and rcnewats.Ifi Lcnder roquins,Borrowcr shal)prompcly give to Lendcr ali�7��'�
<br /> , �d�p�y�ns and rznewal notias. tn the cven�of loss.Borrower shall givc pmmpt notice to the iasur�t�e c���� �" -
<br /> Y,eader snay maLr.ptoof of loss if not made pronspdY bY Bonower.
<br /> lJnless Lez�der a�s�Borrower otherwise agra in wnting.inwranoe prooeeds slwll be��not le~soaed.If the re.u�or,�utxe�e
<br /> pmperty datnaged.if'the restoration or repair is 000�omicaliy feacible wtd Lcncic�'s securuy �1��liod to tt�e sorax�s
<br /> n�lr is mt 000aonucally feasible or Lendcr's securily vrould be lessetxd.the i�uutAnoe pra'oeds .
<br /> s�rr.l by�thls Security lnctiumrat. wlssiser or noi ina�utiic. M;:.`�«.i:,z.�:.::�!Q !�'±!r_'"-!"-'�: tf Borrou�r�batYfc�os c� .
<br /> propest}r.or does nat�nswer within 3U days a noti�e fram Y.eatider that the inwra►x�e c�rrizr his offtra!W utt2e a cla'u+�,� - -� -
<br /> Lencier may collect the insusa�ce pruceods. Lender rn3y use tT�e praceeds to r:;�a;r ar r•.sWr th-, ��opertY.or to Q�y s+xnas
<br /> - stcurod by this Security Insciv�ent,whether or not tt,�duc.The 30�day Penod w�ll be�in when the t�otia is given.
<br /> Unless Lender and Ec�csv��u otherwise agree in writing. �nY aPPficuinn of proeeeds w prineipsl shall not extemd �c
<br /> postpone the due date of the r.,,�,�cl} paym;.nts reforrod to in parsgraphs 1 a�d 2 or chart�e the an�ount of the ps►y�er�¢s.-1f�
<br /> under paragraph 21 the Properry is ac��irod by Lerxi�;�.Borrower's right to any inwrAnce policies and procoods resulNrtg£rem
<br /> dwmaga co the Property prior to the�.�eiisition sha71 pass to Lender w the exteau of tbe sums cavred by this Seeunry Iasts.:r;�
<br /> fn�odiately prior to thc acyuisition.
<br /> 6.popaps��cy,pe+eservatfoo,MAlntenst�ce and Protectian of tlu Propcs�ty;,Bon�owp''�I.wa Appikatbn+L�s� .
<br /> Borc+owu sls�iB oocupy.esutblish.and use the Property as Bo�rower's principsd res�dence within sixty days after the exxuteo�cn oE
<br /> � ihis 5ecurity Insuumeat and stwll cauinue to occupy the Property as Borrower's principrl residencc for u least a�e yrar�r
<br /> tt�e date of ooaipancy,unless l,eader otls�rwise agras in w�riting. wfiich oonseot shall not be uttreaconably witUheld.or ua"�ss
<br /> extenuuin8 ei��s exist which are beyord Borrowcr's control. Borrower sh�l not destmy. d��a or inspair t�e , f
<br /> prop�rty,, �liow the property to deteriorate. or ootnavt waste on the Propeny. Bomower slull bc in def�ult �f any forfeiture .
<br /> xtion or pra�ding. wtKxher civil or criminal,is Ixgun that in Lcnder's good faith jud�metu could rault in forFeiture of the
<br /> ' Property ar cxtx�rvhse matenally impaii tl�e lien crcated by this Securiry Intuumenl or lxndet's sxutity interest.Borrower may
<br /> cure sttcb z defarb4 a�nd nin.uate.as pror•ided in paragtaph l8,by causing 4he xtion o�proceeding ta be dismitud�i��
<br /> that. in i.er,�i�r s ga� i::;u`►detean:na:iar.. p:x:�3� ffl�!it�re••f rtu Borrower's i�uerat �n the P�nperty
<br /> �m�imxat af che tiea e�ated by this Security Icutcument or l.esder's security interest. Borrower stW� also b� in d�fault if
<br /> Borrower,duriag t�e:oi�s aPplication process,gav�mattriafly false or inxcurate infornuttion or statemeNs to Lender(or ftiled
<br /> to pro��ia3e I..eadec with any material infornntion}in oo:nxxtion with thc lou�evidenced by the Ncuc, includin8.but not limited
<br /> to,repacse.�tations cvnceming Borrower s occupancy of t1►e Propeny a�a principal res'idence•if thic Socurity itutrument is on a
<br /> — leacchoid. Bn+sower shall eomply with all the pcov�swns of the tease. if B.�rrower acquites fee titk to tt�e PropertY. the
<br /> - [ease3�old aad che�x titk shaU not merge u�less Lender a8ras to the mtrger in vvritia�.
<br /> y.pe�tectjoo of I,wrder's Rtghts in tbe Pro�perlY.If Bo�ower fails to perfam the wveawts ond�greemaut e°"tai��in
<br /> this Sec►uity r^�„„�•'�,e6 there is a legal proceodi:ig that may significantly affoct Lender'c ri�h�s �n the PropeRY (s�ich as a
<br />= pr�r�g i�s 2»��lcru�c;.�;ohnte, fo:cor.dem�t�x�or fc►rfeiwre or to enforoe laws or resulatiau). tben Lender�rwy d°ud
<br /> -- �ay for wi�atever is r�e�cessuY to proceft tne v:it�,+>,oF¢tz^rat..,"ssy:s.3 l.ss�es's�wht� in che ProQe�tp. t.ender's actioas rr�Y . .
<br /> mci�3e �pay�ng anY sums secured b5 s uen wttich tus priority over this Security Inctrument, appeuin� in couri. PaY�nB
<br /> reasonabla auomeys' fas aod enteri�g on the Praperty w mak�e re�u�irs. Althou�h l.erx3er p�y take a��t�n under this paraBraph
<br /> 7,➢..endsr does not har•e t�o do so. �:
<br /> Ar�y amounts dis�iesact Erj Lzmder u�r ti�s paragraph 7 shall become additic�nal debt ai &►rmwer socurrc+id by this
<br /> Security Dnstn�ar�tu. i:c�ess ucrcr�c��� ;�s�c:���,.:.oJser ttms�f Myment. �t�w�xwntx s�haJl beur int¢rest from the
<br /> dato of d�sbursr�ccc zt tre 1�ote r�e�d �� � PayabLe. with interest. upon natice from l.axlet w &u�uwu roqutsting ,
<br /> PaYmeni.
<br /> S.Mortgage�+�ee. if Lender requirod mortgage insurc�rrce as a condition of nwdcin�the lo�n�c+eural by�hic Seeunry
<br /> Tnstrument. BorroK�er sf►:+1 PaY the premiums required to crsaintain the mortgaYe inw�yuice �n effet:t. If. fot any rcason, the
<br /> mortgage insuronce co��eraSe re9uired by Lender lapses or cesscs to be in cffoct.Horrowcr�ltiall pay tha�xc�niumc roqu«od to
<br /> obsain coverace substu►a�lly equivalent to the n:octgage insursu�ce previaucly 6n effa�t, ut u curt wbs�t�uuially eyuivalent to the
<br /> cost to Honower of[ht mortgage insurance prwiously in eifeu, irwu W��tcruat: m-��+'-';�p i!'W'rcr�pgrova! by l,catder. if
<br /> _ . r.a„�a+ /otm 302t �/�0
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