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<br /> � • 96-��„t�'�'��� � ' ! -__ ,�
<br /> Borroxrcfs essrotv eseount under Yhu t�fsral Rea�Estnts Sc3U�ant Prozedu�os Act o4 t974 as amended fr �»to L»�, 2 US.C. �', �� �( ,.�
<br />� . ,.� Z601 et seQ.(`F'eSPA'1.unle�s r�other t�v tnat eDp�es to she Funds ss3s a fe3ser amounL If so.Lend�mav.at dnY Uis�.eo�et an� �: : l �`` . �;
<br /> s hold FiR�dS Yl Cn BmCWit not to�l(C�.."d th�L.'"s�El�J�10utlL LP21dEf fI18y eSf�R9�8�ha flmaunt of tunQS�t3 on th'-J C[iSL4 of cu1T6Sit d8L'i ! ,�� ^3
<br />;�, ; nr�d r�sonab�esUmams ol axpend3urss ot tuNm Escrow(tems ar ot1�:.nftse in eeCOrd3neo w3h e�Dla�bi9 13w. {" ; ,..;_..
<br /> ,: -s��,
<br />'� The Funds shaU ma hald in en tnsA'tuUon whose depos$s are �sutsd Dy a tederal agency. c�ssutrrmentat'dy. or entiry(incbdhp j . ^
<br /> 'f
<br /> a . LenCcr,ff Lender b sush an lnat3uttany or b any Federal Home Leen Bank. tcnd:r shao aPPN the Funds to pay the Eseroar ItertRS- i •�, � .�.
<br />•fi `�� A trt ttt9 Funds.8nnuaRY�h�9 t!►a escrow 8teount, or vsritying the EsCrow • � . . .. .
<br />�� Lendar maq no4 charQa Bonousr tor hotd�p entl syp/ p �: � ,--
<br /> Items.unTess Lender pays Bortowar ntsws!on tt�s Funds and ayD���w Pe����to make SaCh a chzrge. Howrever.Lendar �
<br /> �,.
<br /> maY requtre Bortovr�at ta pay a anstim�ahupe for en independmt roal estats Lx rePortieg seniics usad by Lend2r in conneeUon w�h i � ' �.- ...
<br />� �
<br /> -- thIs�oan,unless 6DpC�b�taei pravIt�ot��nrL�a lHt�sn a�t�cr�3 or qpUcebl��w requkms intQSest to bo Daid. Lendai �___ .. . .;, �, �
<br /> st�li not Ee requlred to pay Bortowsr any hte�w^t ar a�mhIIs on the Funds.tlarrawer end L�d�may aqree In vrrning.howa�er.that 'r -�,.,.�'.,r ,�,;;,� ;.
<br /> intetest shae ba paJd an the Funds. L�der she� qlve to Barrowa. w@hout charQs,en eMUal accounting of tha FunEs, sAOwinp I: ;, _�
<br />." ; � ered�s and debls to Uw Funds ond the pwposs tor�uhieh e�Q�dsb@ to the Funds�vas mada The Funds are Pisdfled as adddlonal .,� '�` , .
<br /> �,_.: , -
<br /> � � secur3y tot a8 swns secutad by this Sacur3y tnstrument - • � • � � r •
<br /> If the Wnds treid by Lend�c�ceesd the amounts pam�tsd to bo t►eid bY apPGcabb taw.Lender sha7 eceount to Borrower tor tho ,: .. �y "` � ..:= , •:
<br /> � . e�ess Funds in�ccordene�wih th�requYarnonts of appfic;abfo taw. (f tts amaunt of the Funds hatd by Lender at eny ttne Cs not ' #�, !� �.,_ �
<br /> � s!s�.�. . . . . �
<br /> suffiela�t to pny the ESCraL+INms wh�dua�4t�der rt�Y so notdy Bortmvsr in v�ng.an d,tn such case Bortnwer shaU pny to Lender :s-. '.: . ` ,,`
<br /> the amcunt neeessary to meke up thv da8cf�e7. B�rraxrer ShaO meke W the deficfant,y h no more than twa�ra monthty Paymerits�ai , . �� ,
<br /> + �. .:i�--' =`�
<br /> Ltiltff�5 5618 QISCiBt10i1. I r'��i_ f, . •.• ,
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<br /> Upon paymanf b NB of ell�rims sewred 01►thls fiac�t fr=sCument,Landar shaD prcrtq�Uy retund to Barmwcr any Funds held bn j ° � .:- -_Y� :�.-�`.,
<br /> " . Lender. Ik under psra�aph 2t,I.c�s�tar shaU ecqu�e or seY the Properry.lendo►.pr�r Uo tho aequts@ion or sab of the PropertY�shnit • �; � {��
<br /> :� . �' aDDM�Y Funds hoid by Lsrtder et the tlms of aequisRion or sala es a c�¢dit against the sums securad by this Secur7y Inswmen4 �� '�+�:.,.�
<br /> i-• . .:_ . • �
<br /> 3. Appldcatton o9 i��yments. Untass aPP�ab(e law provtd�s aNc�Se.eH DaYments received by Lsnder under parapraPt►s ;�.,_-;....�rew�'—
<br /> •� , p h thhd '� ���:__
<br /> � 1 and 2 ShaU he a�+A�:frs�eo anY D�DaY�t et�atQes due under the ftct�saeonC.to amounts DaYable unde� fuapiaP $ � � �
<br /> ? _• _ .�,��, .:=- ,,__
<br /> # '
<br /> � _-:. to�teresY du9:tOUAh.to pr6tc�tal.due:en0�ast.to nny t4ts Chatpes dua undx the Not9. i , ,
<br /> 4.�'i�( �eI{$. I;aczower sheD PSY a0 t�es+ essessments.CY'•StflBS. Fil°w" 2ilL� inrne�innc atfri���fahb tn th9 OR7nRAti1 ` . �'�__�t�-- —_
<br /> � : S�'�s . .. ��,-. ... `�::
<br /> :x whdch may attat� prforAy aver this Securttyr t�r�tument, end ieasehaSd �^ym�is ar qround renis. if any. Bartoisca sha0 pslY thess
<br /> ��s
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<br /> %�• ob6yaUons in ths manner pmvtdad in para�l��,or U not patd tn that mmr�ms.Barrowar shnY pay them on tt�ne dVaGfy to tho persaa �� �. �yr�:��,�,.
<br /> t9
<br /> ' uwed p�ymw�t 8otrow6r sABB Pm��S►�ur�it:o lender a4 nouces af smaunls to bfl paid under thlS D�47mPh. it Bortowar rttIIk88 �'f: • �.?,��;:,.0:;:
<br /> �` � tlsc�a psUm�ts dUea"�t1►.Hartcuer sha0 PromAi�Y(um�h to�rc��u��ts evidancinp the paymaaits. s--•-';��,T. ` -
<br /> � ; �j!.•+. i j�.,,. ?,., .
<br /> ° 8ortow�sheD promD�Y��`�anY Gan wt�ieh has t�'rnitq.cver this Secu►RY tnstrum¢++t untass Barrower:(a)ayroa�h w�h0� ,L.,,��r�, ._ :�. r;..
<br /> the paymer+t o!the oDitpatEon secured by tRO 6ien h a aunner�eD'��to lenEzr; @)conissts h qood fs`th tha Ban by,or defenda �'�. . , �r.:. �F' , �
<br /> � T� y �
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<br /> aQainst entorcr�r�t ef tlie Ren tn.teyal P��B�hQg whbfi in tha Lender�c,�t=bn operat�to P�'.rent tho enforcar�ant ot the Qen:or 4a� �� u.
<br />� i sser.ras t'rtlm yeo noidsr ot tPw ¢an on e0�"•ent satGtaetory ta lsn,d�+ail4ra:tnat�g the lien w thks Secur�Y fnsuumant If Lnndar �•��'.'. .'
<br /> � �- ; . � `r> F^y
<br />; � da(ramSnos that any paR o!ths Propzrty (s subJact to e lL�n wt��h map�ttt�r.'�prfor�y a�re-r this SecurttY tnstrumant,Lender may�ti�w i�,.•, ��: .T._. .;;'• .;�-
<br /> f, tti�'•i�.. � , � '► '
<br /> � : �crroMer a notice tderttttyHD thB Iten• 8o�rower shaB satls.ry nt�5en cr tef��ne ar mtlrt����tss actlons sei forth abova c:sEfiln 10 days k;l'°' ` ' +�
<br />_ �_,;�_ o!tho q�+inp o!not►ce. .�°.
<br /> ���,��( 5. Haza�d or Property Inaurance. BoROwet shati keeD �' �rovem6nts now masc�fl � e+enzrt�r erecma an�enn "'tf.: ��.-
<br /> f`�r...�
<br /> � r. ��,:s�cy �s�ea�n��by nre.haretd� IncWded wAhin thA terc� �aaa�o,�aae�end eny other ha�ards.hcka��ip 7inoda or ..�.`�f';��� .,
<br /> �, ,; 1Rua,.'InQ. far wt�iCh lender re4i+� insurance. Th(s bsuran�i J�.� te maintahed in the unounts and ta ths P�m Ihat t�wufsr .-��•:,�, . .._....
<br /> �' �I re4utvs. The hsurance cartiar provklinp tho ins�uar►ce sha0 be chosan ty BaROwe►subject W Lendors eAProvaf whir,T sha9 not bo �Y.�'�'.
<br /> umeasonabN wlhhold. If Botrowar fa�s to mahtaln eove�a�e deser�e�t; �bovs.LenQw maY.at Lendsfs oPtion. obt[�cw�raSo`iC ._ �. --
<br /> � `,�. �;
<br /> � f 1 protect Lendefis rs-„his h the Proparty h accordlancs wiT�pora0reph 7. �%;i}�,�x,�F.
<br /> 1��: ?,. A1 hsurac:aa GoYeies errd c�rwwal4 at�Y bu oeeoDtabie W tandsr�nd shaY IneVde a atandard mortqapo ct�ur�. Lend�sha4�av�o � . :�.- - � :� •
<br /> 4 .i the rqtU to bctd Cca Ca�mnd nrwwa�. I!Landor raqulras.Borcowwr ahaY promp4S? �+e to Lender aY recelpts ot pold premLma ..-,-�F' �� -
<br /> a � ' . ;
<br /> � � and�nawai rtat�s. M�:��uugris ot bss. Bottowar shafi qlve prompt noUoe to tha r�:rma:e carrier and Lend9►. L9�t may mai�� _ _
<br /> ;.�.`�, proot o!toss iU amt madD prarr�ttj►GY Borrorrar. �-e�T.;�---��
<br /> ;�'�`s��'y Untess Lendar and Sorrowor o2harwlsa a�ra�b wrdlop.insurance prc�s sha0 be appIIed ro res::;r�n or�epafr ot Iho ProAortY '• '� ''"'��;�:����
<br /> � ���� M th�astoaWn or rapaY Is ecoaomiceYy fens�le and I.enQ�fe s�ecuriry b no! Iessened. if•�se testorntion or repaEr b not ;j`" � +` , ''>�'F a ,__
<br /> i�� , .� � economica6y twsbl� Or Landets sxurdyr wouid be Iessened. tM hsurarwe procaeQs shaD be app08d to the sums secured Ey t�tis . �°' _ --_
<br /> � Sacu6ty Ms�L whathar or no1 th� due. w�h any e�ccsss Paid to Borrowu. 11 Bortowar obandons tha Propert�/.or daoa not x.-.� � 9,�� • :�
<br />�r . . . . . y,
<br /> onswa wkhin 30 days a notica from Landsr that tho hauronca car�iw has oRwod to sottla a cL�im. then Lender may coflact t4to '._._.* � 4 ti'� �, :.�;:
<br /> ttl
<br /> � Insumca Proceed�. L4ndor rrtiy uss the proc�eds to r�1r w �estmn ^.he PropoRy or to pey sums seeured by this Secu+Sri,� � ' ' ',':�1;+?� .. . .
<br /> $-,E;+�.,. .• .,.
<br />" � • Instrument�wt�ath�r a not tTwn�e. ?ha 30dRy perbd wW brpt�wh�n If� ai�fico is pMen. 1.�.�-�•-��-�.�"".• --
<br /> Untass lnnder anA Borrower otherwta�pn� {?�-�i� •- _
<br /> b wR1np,any applccatle� of pracaeQs to pNncfpal shaY not�d or postpono Qtta .• �'�•••.:,; ;
<br /> dw Qato of Uw mOnthty DaYmants�lenod to tn perBgraP�s 1 and 2 or chenge tM emount of ths Oaym�►ts. If unQar perayaph 29 { -
<br /> :';.. ttas Propsrty b�cqutnd Dy I.�nd�r.BoROwafs dpPft to any insurance po�and proeoeda resutNnp trom d�cn=9�to tho PropertY Orior ',:....�:.:,�,�. ,,-.:
<br /> .';i��;'� to th� asqula111wn shaA pas9 to L6nder in qrs �Gent of th� sums 6ic�i�d by thi� Secufdy InsLV.~�ent Mmsdlatoly prior to thtl ,;�*-;�t:+�`;;.�,.
<br /> . �,� �.
<br />'�.',;�`�i� ae4uisRbn. f' _.:$�s•�,�✓_—
<br /> `��� 6. Q'�ra�yancy. Preservstlon, Meinte�� end F"�s'�lDon o! 1he Pro��:�/; 6�rro3nrer's La:� k.:;.��,,:.-.. �
<br /> � � /X�tf�+�3.+�t,�; Lanaehst�. eorrower snaa oecuav.amatwsn.end u;�9 the PropeRY r�BOrrowofS A►frtcsxS�s:G1',r:c�9 weZhb scQy ....r��.`� . .:r. .� oa
<br /> esy�ePar titcs�awUon of thi9 SacurRy Insbument an0 slsr�l cantinuo ta w^�pY ths F�arty as Borra��s �f�-�},�ni �a�Canca for et ,. .
<br /> tBast orte ya�'uf�r the dat� of occupancY. uniess Lendar othenxt^.,m nql�s tn wfithp. which co:�.liri: s°:s� n�4 �e unreasort�:ty �•�� '�'
<br /> I � .�y ^'>Y.-;.:�'1 t:�a?: 'j�..
<br /> `. w�ThhCtd,or unlmea eodmuathp circumstances�lst�vh�h ers beyortd l3artav�fa cantro6 Borrower slrs,'D�-ai dw^7oy,dranapo ar Lrtsair '� ' � �
<br /> trie Praperty.e8ow ths Prop�ty to deterb►ate.or commk wute on the Rn:pe�iy Barrower 8ha�be in deFauR H e►ny tarM9uto actbn rr �� i$'�`��-
<br /> " �,�: - �..
<br /> ;. � prrocsesdlnQ,whet4fer cka or cfmina�,ts beyun that In L.end�a pond tsHh Ju�t coutd resuB tn foAei�,re o!the?roGony or otharwL;c� �_ ..•
<br /> I�
<br /> materta�r ImAair the 6en craeted by thh Socurity Instrument ot LsndePs securty interes4 Bortower may curo such e deSiuR and ,i��,�:-;�y- .
<br /> reinstats.as provT08d tn perapreDh 18.by causinp the action or procesdhp to 6o dum�so0 with a ruCng that.in Lcndofe paad taRh ' r�+ � � —
<br /> � detelmfngtton, praoltdos 4orfadure of tfie 8ortov�cle interost in the Propcfty Ot otAcr materl�l ImDtiirment of th� L'�n Croltad by 4h13 � t'� ^',,,�.� --
<br /> rm •
<br />. � �.rl.i;,"�f' 'i:r_. ..
<br /> � Secut�yr Instrumenl a Lendefs seeurity hterci5t Borrower sAaB aFso be i�delaull M 8oreower, durhg the bsn eDpl'rCatbn proctts9, ;i,d _;.:.=�.-�;;-=,. _
<br /> . ' gayg materielly fats� or inaecurate htotmatE�n or stete►nanta to Lender (or fai(ed to provide Lendar wnh any ma2orial hiortnetbn) in �'• ..i �`'' _ _.
<br /> connoetlan vr4h tho tocn ev�dcnced by tho Now,IncNd§:g,but rtot 6mwed to,rapresentationa concemng Boaowefs occupancy ot the ,�• •
<br /> Property as o pritalpal te5ldence. If this Secuidy Instrument is on a �sehold. Borrower shall compry with aB the provlsions o} the �� ; —
<br /> ;� teasa It Borrower ac�efrss We tfite to the Property, tha festsehotd und tho t�o titla shall nof m�rge untass th�Lendcr cgra�to th9 "r�
<br />' . - -- rtiBl�9f�Iwfnil(�. Gorm 402d0lCO ��,.,-_.------_-- -: �
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