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<br /> Boaower's esorow account under the fedetal Real Eslate 6ottlement Procedures Act of 1974 es am6nderl(rom tVne to tlme, /2 U.F.C,
<br /> � 2601 ot neq. ("RE�SPA°),unWss nnother law that npploa to Iho Funds soto n Waaor amount. H ao, Lendor may, nt nny Nrne,collact and
<br /> hold Funds u� un pmount not to oxcaod lho ta7acr amount. Lcnd�r m�y ost�rnato iho amount of fund3 d�to on tha baols of curront dntn
<br /> . and reaaonnble estknwtes of escpandllurea of fulura Eetrow Items Or olherwise tn uccordanco w'lih npp�k;d'uk,luw• �
<br /> The Funds ehttl be h�ld In an Inetftutlon who�e depoafta �tre hsured by a federal aQanoy, InstrumentalRy, or entNy (Including
<br /> Lende►, If Lsnder Is ouoh �n InelRutbn) or In iny FederAl Harne Lan Btnk. Lender eh��appy the Funds to pay the Escrow Items. �
<br /> , , y; I.�nder rt�y not oharp� Bortow�r for hokllny utd �ppyinp tha Funda, annu�ly antysing tho e�crow acr,ount, or verftying Ihe Escrow
<br /> Itams, unless Lender ppye BoROwer hterest on lhe Funds and oppl�able ftw pemiRe Lender to make cuoh e oharpe. Howeve►.Lender
<br />, moy nquY�Borrower to p�y e onFtlms ohary�for N FnGpend�nt real e9tote lox r,p�Rinp csNk:o uscd by Lcnd�r tn conncctlon wRh �
<br /> F�.�� thb ban,unMsn appl�abM I�w provldaa oth�rwhe. Unbse an�pre«n�nl le rtud�or�ppl��bN I�w raquke�Interest to bs pnld,Lender
<br /> -- "- shtlf rot be �oquksd to p�y Borrower any hterest or enminps an tha Funda. Borrower and Lender mey ayree In wrRinp, however,that�
<br /> '_� htKSat ehdf b� pald on the Funds. Lender shaN phre lo Bonower, wkhout ohupe, an annual accountlnp ol the FunOO, showhp(�
<br />,;;��� ' oredke and debks to the Funds and the purposs tor whlch each debR to the Funds was made. The Funds nre pledped es nddRl�nal� �.,
<br /> ?� securky(ar all eums eecured by thls Seouriry Instr,ement. —
<br /> , � If th�Fund9 held by Lender exceed the omounts permitt�sd to Ee heid by epplbabfe 4�w,Lcr�dar chnll eccount to Dorrowar fpr the �
<br /> �' excess Funds In acCOrdarsCe wkh the requlrements of app�icable Inw. H the amount o}the Funds hetd by l.endor at any►imo Is not
<br /> , � •� ^� suHb{ent to p�y►ho Escrow Items whon due, lendermay so nat�f'y BpnowOv h writinp,and, In Buoh CBSe 8orrower shell pey to Lender
<br /> the amount necassoryr to mtk�up the detiolency. Borcowet shall make uP thfl dafalenoy h no more thsn tweMe monthiy payments,�t
<br />:._R,,,:�...;�.' Lender's aole discretbn. —
<br /> ••?�• Upon paymsnt in tull of all sums�ecured by thb Security Ins2rument,Lender shall prom�try retund to Borrower any Funds held by
<br /> �'� Lender. If,�md�x pu�graph 21,Londer shail ecquiro or seu the Propertyr,Lender,prbr to tRO scquiskbn or sele of the Property�shtll
<br /> T ` � � appty any Funds heid by Lendor at the time of ecqubRbn or ssle as a credk apahst the sums secured by this Securky Instrument. �
<br />.�L'�:'r..; 3. Applicatlon of Payments. Unless appucabb law provides otherwise,all peyments receMed by Lender under parapraphs
<br /> � • .'��� 1 nnd 2 ohall be epplfed: tkst, to eny prepayment char�es duo under the Note; second,to emounts payebie under paragraph 2; thkd _
<br /> �,:°�b;?�,t to hterest due;fouRh,to prhotpal due;and yst, ta Ny kte charpes due under the Note.
<br /> � 4. CltafgEB; LlEtle. Bonower shall pay �o texes, assessments, charpes, lines and ImposRbns attributabb to Ihe Property __.
<br /> -,q=.�„��.�, w�bh mny att�in prbrity over thls Securiry Instrumant. �nd M��ehofd psyments or pround rente, H any. Bonower sP�ep pay t!'ase
<br /> -�- �� abi;al!^ne!n thN mp�ner provided h ptregrnph 2.a If not pnid In that manner, Bortowor sha9 pay them on 4kne dkecty to ths person
<br />-=`�A.�;�:,�� owed payment. Borrower chatl promptty Nmish to lender atl notbes of amounts to he paid under this parapreph. If Borrovver makas _
<br /> '�`""'� these payrtsnts direaty,Bortovnr ehall prortrpty fumbh ta Lender recelpts evidenoh�the payments. -
<br />_-Y���� Borrower shall promptly dischupe tny Ilen whf�h hee prbrity owx this Security Instrumont unfess Bortower:(e) n9rees In wrkhp to
<br /> -- the navm�nt of the oblipatbn socured bw the Ilen fn a manner acceptabte to Lendor; (b)contasts h pood takh ihe Iqn by,or dsfends
<br /> ----W-.�, ep�lnst eMorcert�mt o}the Ilen in, IBpal proCEidkiUe whiCh fn the L6nd9re ophbn Opsrate to prEVent the enforc«neni oi ine iia�;'v�iGj
<br /> =�""�'�`,�, secures hom tha hokfer of the Ifen an epreernent utisttCtory to Ldnder subordinfltlnp tha Ilen to thts 5e�urfty Instrument. If Lender
<br /> -��j�"�'��� detsrmhea that any psrt o} the Property IS sub]ecl to a Iien whbh may attaln prbrNy over this SecuMy Inetrument,Lender may plve
<br />—�---�==9- Bor�awer w not�e IdentHyhp the tien. Bortower shlG satlsty the Ifen or take one or more of the flctbns set forth abova wRhln 16 deye
<br />__�,.�� 01 th�qlvinp ot not�e.
<br /> � _'=— 5. Hazard or Prop�rty Inaurance. Borrower shall k9ep the Mnprovomente now oxisth� or hereaiter ereCtod on the
<br /> Property Inaured apalnst loss by fke, he:ards holuded wRhin the term "extended coverape" end any other henrds, hctudh� tbods or
<br /> ---- floodinp,lor wh�h Laider requMes Insuronce. 'fhb insurance shall be mahtahed h the amounts and!or the porbds that Lender
<br /> requfrss. 7he Insuru�ce carriar Frovldhy¢he hsuruice sha11 ba chosen by BoROwar sub}6ot to Lendcir's approval whlch shaN not be
<br /> --- — unrs�son�by wkhhsld. I}Bortower fails to rruhtah co+�erage descrbed above,Lender maY, at Lenda's optbn, obteN aovenpe to
<br /> protect Und�r'e rfphts h the Property h accardanco wfth panpraph 7.
<br /> All Nsurance poitales and renewats shali be aaeRtnble to Lender and shsll Inolude a standard moRgayv cMuse. Lentllr eh�R htve
<br /> � th� rlQht to hold the polbias and renewals. If Lender requirss, Borrower shatl prompty ghre to Lender cli receipte of ptld prembms
<br /> ----- and renewal not�es. In the avent of bss, Borrower sheN qive prompt notba to the hsurnnce cartler and tender. LendDr may rrNke
<br /> ---� praot of bss H not made promptrj by BQrcower.
<br /> ° — Unless Lsnder and Borrower otherwfse egree N wrrilnq, Insursnce procaede shall be applbd to restorntfon o�repoir o�the Property
<br /> - __ dtmapsd,H the restarntbn or rsp�t Is economiceB�teesble and Lenders securRyr is not lassened. If the restoratbn or repaY is not
<br /> eaonomfcally leasfble or Lendefs 6eaurky would be lessened, tNe Insurance proceeds ehRil be applfed to the sums securad by thL
<br /> — Srcurity InsWma�t, whether or not than due, wNh any excess pnid to BoROwer. If Borrowxr sbandons the Praperty,or does noi
<br /> tnswsr wkhin 30 days a notice hom Lender thal the hsuronce certler has oHered to sottla a akkn,then Lender mey eollect the
<br /> ''"�� hsunnc� proceeds. Lender may use the proceeds to ropak or restore tha Properiy or to pay sums sec�red by thls Security
<br />—�--�+m�.:, Instrument,whether or not then due. The 34day perlod wlll begh when the not�o ts qHon.
<br /> ---_- Unbss Londer and BoROwer othervrfse epree h writin�.enY�PP��atbn ot prxeeds to princpal 6he4 not extend or postpone lhe
<br /> _---=— due dale of the monthry payments reterred b t� peraflroAhs 1 and 2 or chenge the ernount o} the payments. If under parepraph 2t
<br /> -- �,_.� tho Property Is acquked by L9nder,BoROwei's ripht to eny hsursnce polbies and proceeds resulGng trom dartupe to the Propatyr prbr
<br /> �"�"-"�y��°`� ta the eCquiskbn shell pass to Lc�nder to the �tent of the sums securod by thls Securi¢y Instrumont Mmediatoly prbr to the
<br /> - �i�liW �.�.
<br /> --;"����1+�,, ' ecqutsftbn.
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<br /> ;.;.;,�,h,�,rN 6. Occupancy. Preaervatian, Mbintenenea end ProteCtton of the Pr�perty; Borrower'e Loan
<br /> "`-`�,� �� Appllca�ton; LQd44.'h0��8. Bortower shell oxupy,est�b55h, and use the Property Qm 8orrower`e prk►Clpol residence wkh4t sbcty
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<br /> :�,���+`•,•�'isf�� deys �efler the executton oP tA!� Security Inswment and BhaA continue to occupy tNe Propnrty as Borrower's prholpni rositience tor at
<br /> •. .a..,;,.,-�_
<br /> •"l-.� '-:: Ieast one year attar the date of occupartcy, unkss Lender othervvise eyreet In wr8i�g, whiah Consent shtll not be unreaeonably
<br /> .M„��:....'. •1.
<br /> .���.>..:. wfthheW,or unf�a extM�uatiny circumstlnces 0xtst whbh are beyond Barro+rer's conVOl. Borcower 6hall not destroy,demsQe or Mpafr
<br /> `'�•�'•��' , the Property,albw tRe Property to det2rios�a'n,or commR waste on the Rroperty. Borrower ehali be in defauit M any torlekure actlan or
<br /> -;.-. '-� - ..-•.-- -•-°-- -�.._� �._........��N .e,,,w.....,,w r.xh ��vo,nw�►�m�tn ran��k h tnrfAkurA of the Proneriv or othetwise
<br /> proc.'eeanq. v�mm�m vnn v� ..�.�..�o�, .o.,���....�... _....�.-�___._.. - - --- .
<br />- .'..,�,�� matertauy Impak the Iten creeted by thts Securky Instmment or Lender's securityr fnterost. Oortower mny cure such a deteuR and
<br /> ' '� rehstate,as provldod fn parayraph 18, by cau�Yp tho ectton or procsedhp to bu dismissed wRh a evlhg thut, In Londer's pood tatth
<br /> determNetian, preoludes (orteRure of the Bortowefs fnterest h the Property or othef materhl knpakment o!the Ibn created by thts
<br /> . � SecurHy Instrumont or Lender's security Irtterest. Bortower�hall atso be In defauR H Bortowor, duri�g the ban epplicatlon proCess,
<br /> �� pave materiely falso or inaccurate inlormatlon or 6tatemants to Lender (or failed to provlde Lender wRh flny materiel hformntbn) h
<br /> connactbn wRh the ban evWencod by the Note,hotudhp, but not Iimked to, represontations conceming Bortowers occupancy of the
<br /> Property as e principal resldence. It this Securiry InswR�snt Is on a leasehold, Burrower shali compy with ell the provisbns ol the
<br /> � � lease. 11 Bortower aCqutres 4es t�tls to the PropeAy, the leflsehold and the tee title ehell not merpe untess tha Lender agrees to the
<br />_ . ., �.�„ Wf�„�. Form�02E Y/CO
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