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<br /> Bortowere escrow ecoount undx th�tederal FWI Fauts &ettferna►t Procedurea Act of 1974 ae amendod from tkna to tlme, �2 U.9.C.
<br /> �� � 2801 ct a�q.("FLSPA"),unfese anolher law th4t Qppli�s to tho Funds aet4 a loaser amount. II ao,Londer may,at any ►Imo, colk�al and
<br /> hold Funde h tn amou�t not to wcCMd th�Mfu►tmount. Lendar maY oslmate lhe emount of funds duo on tho ba�is of currcnt data �
<br /> end raosontbla sstYnatas of�endlturas ol tu4un+Escrow Itams or otherwise h sccordance with applfcable law.
<br /> 7h� Fund� st+ttl h� h�W h �n Insfftutbn whoa depoaR� an Inwtod by o (�al ap�r►oy, Inetrum�ntollty, or ontfty (Inoludhp
<br /> �end�r, M Lsr.du b�uah an IntlRulbn) or h any F�derel Hume Loen Bank. I�.ender ahall �ppty the Funda to pay lhe Eecrow Item�. Q
<br /> Lend�r may nol ohuy� Borrow�r fa holdinp �nd �payhp�h�Funda, �nnu�ly anty�p th��soroN account, or verNyMq tho BsCrow �
<br /> Itcm�,unrae �e+�d'+p3Ye Bortowa hterast on tho Funds and appVi�abk 4w p�rtnfta l.e►�der to meke auoh a ohtrpe. Howsver, Lende►
<br /> �' i may rrquin BorrowK to p�y ��nrNm�CAsr��or�n Ind�Rettd�n1 ts�l ptat0 tex r�porthp aervlce ueed by Lontfer In conn�ctlon wUh �
<br /> i� # this ben, unwss eppVlc�bM law provid�s otha�wk�. Unl�sa�n�DrMrMnt b mad�o��PP«���w requlres Interes!to be pald, Lender
<br /> ���± ahaA not b�roquind to pay Bor►aw�r�ny htKat or oamNps on th�Fund�.Bortowar Qnd lender may a8ree In wrkhQ, howwer,that yQ
<br /> ����e�,, hUnst s1uN b� pt►d cn th� Funds. l.�ndK shaM pks to 8ortow�r, wRhout ahtrqo, an �nnual accounthq of the Funds, ehowhp
<br /> cr�dits�nd debks to th�Funds end Mo parpos�tor which Moh dobh to th�Funds wes made. Thm Funds are pledyed a9 ndtiAbnal
<br /> „ � sxurity tor aN�ums s�cur�d by thk S+�eurRy InsbumK►� ��gW���ghYq 6CCaunt to Borcoti:ror for tha
<br /> � If ths Funds t»Id by LMdK�ox�sd tM urwunb pormRted to be h�td OY iPP :;
<br /> exces� Funds h occordonc�wkh tM wquWrtrnts ol appNcaba Itw. If tM�mount ol th�Funds heb by Lsnder at any thw la not f;-
<br /> . auf(icient to pay th�Escrow It«ns whan dua,Lendor m,ny so notNy Borrower h wrklnp,and,In suoh cttse BoRO��r�ehe�p���eede+ _
<br /> tho ussount nocassary to mak�ua thv cl�ttctency. Boe�orwr ahap melc�up the detfcienay b no moro then tweMe month - :
<br /> ,� • �� Landws sob discrotton. �`
<br /> Upon pay�r►ent h 1uM ot�A sume s�und by thh Secu�ity Instrummt, I..or►dor ehaq prompty ratund to Bortower any Funds held by �
<br /> LenBer, If, undcr par:Qraph 21, Len�r eheN ecc�u�a or seN the Property, L�ndK�Prfnr to the acquRskbn or stle of the PropoRy,ehall __
<br /> ' • :: appy any Funds h�b by Lendor at tha tina of ocq��fskbn or sab as a crsdk apahst th�aums eacured by tf�b Securfty Inswment.
<br /> z 3. AppllcsUan of Peymenta. Unf�ss appOaabM I�w provid�s othwwis�,aq gaymaite racaked by Lpnder under perBflrephs =--
<br /> 1 �nd 2 ehall be eAplied: Hrst,to my RroQaYment chary�+s due undar the Note; eecond,to amounts payable under paragraph 2;third Q
<br /> to ht�r�at du�;tourth.to prfiC�dw7 Md I�tt,to u►y I�u ohW�s dw unda'ih�hote.
<br /> " 4. Char�es; Liena Bo►rOwK shaB puy Il� taxis� as5�samWin� ah�pes� mes and ImpOSklone itUlbutabla to the Prop9rty
<br /> ti msntc or praund r�nts, M any. Borrower shaU pay these
<br /> whbh may ttUtin prbrky ovlr thb S�c�kY Instrumw�t, md MaaNtold MY
<br /> obMpRtbna h th�manMr p�ovkMd in pa►apr/Ph 2,or R aot pald tn thot mannsr,Borrow�shtM pay th«n on tlmo dkecty io the persan
<br /> + :.
<br /> o„wd poym�nG BorrowK shnN prompty tuml�h to Undor aN noticas ot amounte to be pab undK thb puayraph. It Borrower rtuikas
<br /> ..- .-- thoao paym�nts dhcty,BoROw�sha"■�iuu�,t��r ta�►Nts to!_.,.^'s�t0=!�N"-"lY1°^°ho th�DW�11lfit6.
<br /> " .J,�� BorrowK ahal promptty dkclwp��nY IMr►Whbh h�s p�IOrity ov°r thit Saaurky Instrum�nt unNss Bortow�r:(�)�pr�s b wrkNp to
<br /> ;�
<br /> =h���. n}►h.ntingation secursd bY th�Wn h a m�nna acc�PtabN to UndK;(b)cont�ats h puod faRh th�lien by,or de a
<br /> ^�r , �flninst ontorarrwnt ot th� �n In.leps�Proc�edhpa whfch In th�Un�ier�ophbn ap�nro to prww�t th�onfor�omeai oi iiie„w�;�i t�1
<br /> " s�cur�s kom!h�hotd�r o1 th� Wn �n aprwrr�nt utishotory to Lw�dK wbordinttnp th� ikn to thb Soaurriy InsWmw+t. If Lend�r
<br /> " d�tertnina thtt �ny pnt of tM Prc�e�tY is subj�ct to �Nen whkh may attain prlorky ovar thb Sacurky IncWmant� Lender may plw °
<br />-�•..�� •'.,:;, BarowK R notfca Ida�tYyiny tha Nw�. Ba�'owK�htA satisty the Ii�n or taks one or morp o}tha actions tet forth abow wkhh 10 daya
<br /> : � ...�..`� ot th�ytvinp of noUc�.
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<br /> --'�i��.h�;a�:�ti 6. Hszerd or Property hraaur�nce. IBO�►OMtM thaq ksYp th• rn�rowm.nts now e,�smq or ADreitRir e�ecua an tna
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<br /> �r..;,.r..� ProP�Y hsurad W�Inst bs�by ffra, ��rds IncMcd�d wthln t?�e term'�xtendod cownW'end any other hariuds,Incbdtnp fbo s or
<br /> ,.�o..�. _ .
<br /> - -.--�- fbodinq, tor whbh L�nd� nqul�a haonnc�• ThI� hsuranca ehaN ba mahtahad h M� amounts and far tha p�iods that
<br /> ..�5;•"i:'•.' �(r�y, 'Ph� hsunuia cartMr provldtnp th�haur�nce�haN W ohoaw� by Bortowa subJsct to L.onder's npDroval wh�h ehaN not b�
<br />-=�;���_.'� unroasontbly wkhh�td• If Bortow�r faks to malntain cove�eGe WsCr�d �boYe� ���y� at Lender's oplion, obtain covenps to
<br /> °.=t.�.::m� protsat UndJs�IOht�In t�w P�o�ty h�coadmc�wkh puntl�Ph 7.
<br /> ,�.`����� �EY Inaunnc�poNafa �nd nnswak�hap b��ccoptabl�to Lend�r ond�haN hclurfs�atandard mortps�ckus�. LonMr ohaN haw
<br /> th�Aght to hold ttw poYai��'►d ron�wt�s• �f l.�ndx roQuirea, BaROwer ahaN promptty pks to Lendar ap nceipts ot pald promiums
<br /> -- �'�"�� �nd r�wat notN,�s. In tt►�svant of ba, Borrow�r shRd piva prompt noti�to tha i�cur•n� c:nrkr end Lendar. Lender rtwy makr
<br /> =-�---- proof uf bss N not mad�prompty by Borrow�►.
<br /> "�""Y�'�� UnIKS 4and�r�nd BarowK oth�rwfsa�pree b wncU►o�ha�n�c�pro��s shiN be applMd to rostorat}on or npak ot th� Prape�ty
<br /> "'��:iG'� denwp�d, M 4h� ratoratlon ar roDaG i��ono+r►fcaly featbk ond I.a�d+rs sacu�tty I� not Int�n9d. lt tna ratar�tbn or ropaY b not
<br /> ' ,--'���� �conomicay basbM or L.�ndw�securRy woutd b� los�an�d� th� Insunnc� proeMds slul b� �Pplyd to tM wms aecured by thb
<br /> �"`"_;�;;�� S�curky Inst�um�nt, wtwth�r or not th�n dw. wkh �nY�� M� to Borrowx. If BoROw�r�b�ndana tTN Property, or da� not
<br /> =.-•'-�.°��—;� anawK wkhh 30 daYi a notic� trom LMtdK thtt th� hsurtnC� c�rtiK hw ot(et�d to eNtle a c�im, thnn L�nder may eolkCt the
<br /> ��� hsur�nc� proceeds. I.�ndu' mrY ua tM procNds to npalr or nston tM Proparty or to pay sum�s secund by thb S�curlty
<br /> ,-"'°�.��L� IntWm«+4 wh�fier or not thai duo. T1w 30�dtY P�d wiN bepin when th�not��b pNen.
<br /> _��",,M.,� ; Unl�ns La�dK and Borrow�r oiharwk��prM h wrNinp,any�Pplicatbn of prccwds to pdnalpai shaM not oxtend or postpono tho
<br /> ���5�� �� due date ot th�monthy payment� rN�r�d to In PenynPhs 1 �nd 2 or ohan� the unount nf tho payrtNnta. If under puapreph 21
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<br /> _l��,_�j,-�;,�' r''°4 th�Prop�rty ta�cqutrod by LendaG Bortowere ripht to�ny hsur�r►c�poticMs and proCeeds nsuRYsy kom dam�ps to thd Propaty prbr
<br /> ;'.;�;;_� � to tl� �oquf�kion ehall paa to L�nd�r to tM �oftwit ot th� sumt s�und by thtu S�eu�Sty Instrum�nt knm�dfalay prbr to th�
<br /> ;_._i�t;,;,•,r. • � ao4UbIN0►1.
<br /> ����`��' d. Occup�ncy� Presenration. MdntQn�nce end ProtecUon o? the Property; Borrawer's LAan
<br /> - �. �� Applicatlon; LesfllUOlt10. Bortowe► ahal oCCUpy��ttblis'n. �nd ua� th�Propaty �ts Borrowars prirscipal restdence wkhin ebRy _
<br /> �.. deye afte�tAo ec<acytbn of thb Securky Inahument and shiA aontinw to occupy the PropKty as eortowere pnc�►pal nsidence for�t
<br /> � lenst one yeas tftar tha dtla ot acCUpanoy, unNts LMSdar athwwfse �Qrwa tn wnthy, wh�h consant shaA not be unneasonably
<br /> �;''`� wllhttiW,or unless �octenwthy akaumctanca abt whkh era beyond BorrowKs controL Bortowsr shaM not destroy,dan�apa or MptP _
<br /> ;,�:„...,�,�s�' # s the Proper4y,aMow the Propxty to dete�bo►a��.or comm�t wasa9 on the Properry. Bortowar ahaN be h defauk R eny fortetture actbn or
<br /> ... ,- - -
<br /> w ..�.a.✓...,..,.a r.4h��ront r.nuld rasuit h forfeiluta of the PrOA@riY 0� OthPMk.A
<br /> . (' (1fOCAYdY1Q�WhY111ef OIYII Of Cfiil�i�y 18 o�Hii�uri�.. .,w...�..���._..'•_-�..- - '
<br /> �• � mata�ly hptlr tl�o Nw� croatW by thts Sacurky InoWmant or Landars sacurity hteresG Bortoww may cun such a datauk and
<br /> � rehstatv, as provided h parsOnDh 18.by caushp the octbr+ or procesdino to be dismfssed w�h a ruUrty that, In Lendef8 qoo� (efth
<br /> .�� � detwmh�tbn, pnolud�s foA�kun ot th� Bo►roww'a int�nst h th�Property or othK matartal Impaiemont of th� Ifen cnated by thls
<br /> " Sacuriry InsWma�t or l.�r►ders s�curihr ht�lnst BortowK shaY aho b� h det�uk M 9aro�rer, durinp th� ban applfcalbn proc�ae,
<br /> pava materkiy teiss or htccun!� htortnatbn or atnt�n�nts to Wnder (or lalbd to provlde Lender wkh any matsrlal Nlomutbn) h
<br /> oonnvatbn wRh th� Iwn wld�nc�d by th�Not�,hcludhQ,but not NmRad to,nRrtt�ntetbns conamhp 8orrow�s occupanoy of the
<br /> Property as a prhotpd �etld�nc�• �f this S�CUrky tnsWrt»nt b on a IMe�hold, Borrower ahtq compy wRh aA th� provtsiona of the
<br /> lease. If Borrower ocqulrea t�tkie to the Pro�rty, Ih0 IeaSehoW end the (e0 tRte shaA not morpe unless the Lender eprees to the
<br /> . ., � Form 909E Wi0
<br /> . ' motper h wrfthp.
<br /> • P�O��ol 6
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