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<br /> •� 'BOrcowor's ascrow eccount under tho fedatel Fi�al Eatato &ettlament Proceduroa Act nt�974 as emonded from timo to timo, 12 U.S.C.
<br /> 2601 ot aeq.("RE&�'A"),unbsa nnathor 41w lha4 nppl'ss to lh9 Fundo aota u bsoor pmaunt_ II so,Lende� msy,at any ttme, colbot antl � _
<br /> hotd Fundo In an amount not to o�cccad tho I�aocr amoun;. Lcnd:,r m�y oatirnato tho amo�sntot fund�duo on tho baals of Curront d�tn
<br /> ' and reasonabta estlmatea of expondkures cf future Eecrow Items or otherwise In accordencv Nft1°i eppl�abb law.
<br /> The Fund9 shail be held In an InstRutlon whoa� deposks are Ineured by a federat tpency, instrumentalfty, or entlty (Inaludinp • ,
<br /> ' Lender, ii Lendor Is auch sn fnatkutlon) or In any Federal Home Loan Hank. Lendx eha[i�pp iy Ihe Funds to pay the Escrow Items. ..
<br /> ` Lender may not oharpo Bortoww tor holdinp�nd appyinp tho Funds, annutly antyztnp tht escrow eccount, or vorifylnp tho Escrow
<br /> Items,unHss Lender pays Banowar hterest on the Funda md apFlioabk Ww pertn9e Lendsrlo mlks euoh�oharpe. However,l.ender
<br /> . I may r6quke�orrower to pay B onstlr.ro ohupe lor an widependsn►rezl G�tcto tau rCaoRlrtfl 6Cre�ko��sod by Lender In conneotion with �•
<br /> this Innn, unleas apnibnbb law provldea othawise. Unleas nn agreement I�mnde or appiie�6b Mw roqukos hterest to be paid,Lender
<br /> ghall not be requked to pay Bortower any Interest or eamhpy on the Fund�. t3ortower�n d lersda rnaY aqrsa 6� wrkt�p, hovrevr.,!hat .. -
<br /> :••�'"� Intarest shall be paid on tha funds. Lender ehali QMe to Ba�rower, wflhout oherqe,an Nnual accountiny of tho Funds, showlnp , , �
<br /> • r ` crodits and debke to the Funds and tha purpoae for whbh onah debit to tha Funda wos mtd�. The Funds are pledged es addltionsl
<br /> seCUrNy Tor all sums s0oured by thls SaCUriry InsWment.
<br /> It the Funds hetd by Lender oxceed the arnounta pfxmitted io bo hold by epD�!cc�ble tarr,L�ndaf ahall acaount to Borrower for the . :..
<br /> excess Funds In accnrdance wkh the requYements of applbabk I�w. lf th� amount ol thi Funds held by Lender at any tkne Is not „ • °;",��;:
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<br /> suftlolent to pay the Escrow Items when due, Lender mny ao notfy Borrowar h wrfthq,and,h such cese Borrower shall pay to Lender .. . _�;,,__
<br /> � tho amount necessary to make up the dei�lenoy. Borrower ehall make up the dAfbtency in no mora than lweNe monthly payments,nt ;s--=y"--
<br /> � � Lenders sote disoretlon. _ "^��:-_-_—
<br /> Upon payment h NII of ail sums secured by thls Security InsWment,Lender ehall promptly refu�d to Borrowor any Funds held by • .,;�;�-_
<br /> Londer. It, under peraytsph 21, Londer shall acquka or sell the Property,Lender,prior to Ue ScqutsNbn or sale of the Property, shall „ --
<br /> . * apply any Funds held by Lendar nt the tfine o4 acqulsftton or sale as a aredR apainat the sums secu�ad by this 3ccurky Instrument. -- -- -
<br /> , 3. Applicetton of Payments. Unless appllaabie lew provtdes otherwise, all payroenta receNed by Lender under parngraphs "'4'��;.
<br /> ' ' , 1 und 2 shall be applied: tirst,ro any prepayment oharyes due under the Note; second, ta emounts payabie under paragreph 2; thlyd .��'�
<br /> -, to interest due;fourth,to prhalpal dua;and last,to any Inte oharyss due under the No1e. ��,�1�1.,�_-
<br /> N ; 4. Charyce; Ltena. Bonower ahau pay all taxes, asaessments, oharp9s, fhes Nd ImposRbns attr'�butable to the Property ,�,.'',-,_�
<br /> � �+,._ whloh may attah prbrky ovw th� Soourfty IniWmont, nnd leaahold pnymente or pround ronia, M any. Barcower shali pay these .;.u�-,�;'
<br /> abilgattons h the mannor providod In pareyraph 2, ot R not pald h that mannor, Borrower ehnll pey them on tkne dkeotly to the person ;;.}�,;,;
<br /> owed payment. Bortower shal!prompty lumish to Lender all notfces ot amounts to be PaN u nder thls parapraph. If 8orrower makes i :�„s-.'�'
<br /> � . � �. Y;�;'"_- .
<br /> these paymw�te dkoatly,BoROwor ahall prompty tumish ta Lender recelpts evldenchp Ihe p�mienls. �
<br /> ' 8orrower shall prompty discharpe any Iien whbh has prbrky over this SeaurMy Instrumant unlasa Borrower. (a)ayrees in wrkinp to
<br /> +�y the payment ot the obifpetlon secured by the Ilen in e manner accoptable to Lender. @) conlssle In pood fakh the Iien by, or detsnds
<br /> . eg811lSt 60fOfC6fI19lit Of thB IIBfI ID, �0p41 proc8e0nps wnnn wt ii�n�w�uoi o up'ii�0�0�:.�:4.=S::1O�!�hn NR(/1M_.AOIAfl� DI�F10 II9I1: 0��0) ---''-. .--
<br /> � , .°�.',.
<br /> seoures Nom the hoider of the Iien an aQreertient satlstQCtory to Lendet eubordinatinp ttie esn lo this Securfty Instrument. If lender <•..�. �'
<br />� ' determhes that any part of the Property Is subJect to a Ilen whbh may attain qriorfty��er thls Security Instrument, Lender may gNe : •
<br /> Bonower a not�o Identifyh0 the Ilen. Bortower at�flll satisty the Ilen or take one or mora ol ltie eotions set torth above wl�hh 10 days �.
<br /> of the ylvinp of notbe.
<br />- ' 6. Hezerd ar Property Inwrance. BoROwer ehall keep the improv�fi0nts now ex(sthy Or heteafter 6ro0ted on the . �,�
<br />- ; � Property Insured aqainst bas by Nre, hnrerds Inaluded wRhln the tarm "extended ouver�pe'ir�d lny other heiards, Inobdhp tbods or
<br /> .,���4.,, . _�,�� : fbodhp, for whbh Lender roqulres Inaurtnce. Thb hsunnca ehall bs mafnteh�d h th�asnounta!nd tor the periods that Lendor .;_
<br /> roqutras. The hsurenCe Carrler provldhg the InsuranCe ehatl be ohosen by 8ortower eubJoct to Lendera approval which ehall not be ' '
<br /> unrensonaby wRhheld. If Bortower taAS to mahtaln covora4e desoribed above, l.�ndsr may�et l.enders optbn, obteh oovarape to _
<br /> -`` � � "� protoot l.aedars riphts In ths Propaty h �ccordence wkh puagraph 7. �
<br />��<W���'�,� ' All Insurancs poibfea and rsnawab eh�ll be acceptabb to Lander Rnd shall haiudo� sundard mortpaye olauae. Lender ehaH h4vs �'-""
<br />-`;-�'�~'���V'�'� the rpht to hold the polbies and rene�+rals. It Lender requkes,Borrower shali prompt y p N� to Londer nll reco l pts of patd premiums
<br /> - ��'}"�� � '�`� and renewal notfcos. In the went oT bse, Bottower shall qNa prompt notbe to the hsuuiGecarrfu and Lendor. Lendar maY rtwk0 --
<br /> -��ia�°�." a,�.� _
<br />_�,_� ,.:: proof ot bss H no4 made prompiy by Bartower. _
<br /> - • • � Unl�ss Landar and Bonower otharwiN nqroa In wrkhp,Insurancc procoads shnll bo appti�d to roatoratbn or ropair of tha Prapwty _-_
<br /> i i. ' deurNQod, If th� ro�toratbn or repair b �conombslly teasbM end Lw�dera securlty I�nat Ms�Mwd. It the re3toratbn or ropnV I� not _-
<br />�`� ��" econom�alry feasfbb or Lender's security�vould ba leaaened, the hsurence proc�ds sh� be a�P�ed to the sums secured by thfs _-_----------
<br /> .��, - Securky InsWment, wheth�r or not then due, wkh any wcCest paid to Bonower. II BarowK 4bindons the Property, or doea not
<br /> �'.,•�,:�•• ;� '+ answsr wRhln 30 daya e notiCa (rom Linder that the Insurance oartter has o(le►ed to aetlb� CNM, then Lender mey Collect the _Y_
<br /> �?'t�. •�t�� '' ` hsuranco proceads. Lender may use ihe proceeds to repeY or restore the Property or ro pay sums aeCUred by this Sscurky �,��
<br /> �°��`�� � Instrument, wh9thur or not then due. Th�30-doY PBrbd wili bepb whon the not�e Is plv�n. ��°""'�°"`°��
<br /> ""„i e,.�;,+ ��,; --
<br /> _ '�� .•,F,.. Unl�sa Lender and Bortowor otherw�e apree In wrkhp, any applicatbn of proceeds Io pnc�ipal shall not extend or poatpone the ___
<br /> E:=—
<br /> � ���: due date of the monthty payments referted to h paraprephs t end 2 or chanye the amaunt ol the pnyments. It undar parepraph 21 w,.-��,m.._�
<br /> • � the Property Is aaqulred by Lendor,Borcower's rlpht to any Insuranco pol�ias and proce�ede rosuRlnp trom dsmaqe to the PropoRy prior �, �
<br /> '�;. ;�;�r�--
<br /> ' �, to the acqulsltlon ahell pesa to Lender to the extent o} 4he sums secured by thls Secur�y Instrument Immedtatety prbr to the
<br /> .._ -..�C���SY��-
<br /> �'.,r�' aCQulsklon. "`e -
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<br /> � t 6. Occupency, PreservaUon� MalnteneRCe end RrotecUon of t�e Property; 8orrower'e Loan :�:�;��; �rQ, f;.
<br /> . AppllcaUon; LCaaChOlda. Borrov+rer shaA ocCUpy, estabilsh, and �se the Property�s Barowera prhoipal residence wkhh SCRy •'•y�. _ �
<br /> �J; days atter the exeoutbn ot this Security Instrument and shall continue to xcupy the P�operty ts BoROwer's prhatpal resldence tor at �•`�U{�'���,:�"�`�
<br /> .p-.f.,- x'�"••y�,'
<br /> leaat one ywr after the d�te of occup�noy, unieae LenQer othawiso aqrees h writiny,whbh consent ahall not be unreasonably ,�,,,�.,.,.,,_��y;x}��.
<br /> �� wkNhetd,or unless extenuattnp okcumstances exist whbh aro beyond Borrower'e oonUo�_ Bozrower nhall not destroy,damaye or Impak ,�.�,,: ���:.:�1�,Y'•,
<br /> � � the Property,albw the Property to doterbrate,or cQmmR waste on the Property. Baro�rershel be h dotauk H any fodeRure aotbn or �;;;;;��,,.: :•,t;...�._. �
<br /> _ •,.,). . ..: ;:;�,-i�::
<br /> - -__---- -- -_ nrocmdlna.whether oNil or Crlmfnal, h+ bepun that In Lenders pood tflith Jud�ment Couidresullh todeRure o}the Property cr otherwise � ;�� .. •
<br /> _. _ __ . _. �-� •
<br /> �s,�•�,
<br /> — , matertaly Impak the IIPm created by thb Securky Inswment or Lenders security IntaresG Borrower may cure sucn n tlerauR ana - � �-� �=-�i;r•�`
<br /> reinstnto, as provided h parepraph 18, by ceusinp the actbn or proCeedinp to be dbmNsed wkh a rulhp thnt, M Lenders pood falth
<br /> detertnhat[on, preoludes torlelture ot the Borrow�s hterest In the Praporty or other �raleriel Ynpehe�ent of tho Iien created by this "
<br /> Security InaWment or Lenders securiry ht�rest. Bortower shpll also be h defauR N Barower, durtn8 the toen uppl�atlon process, �
<br /> � gave materlaiy islse or Innccurate Informntbn or statemants to Lender (or Sailed to prmAde lender wkh any ma.terlal Informatlon) in ,
<br /> connectbn wRh the ban evidenced by the Note, hCludhp, but not Iknked to, rep�esenieUons conCeminp Borrowers accupanoy of the
<br /> ptpperty qs o prinopal resldence. I( thb Security InsWment Is on a iensehold, 0orrower shall aompty wkh sll the provlslons of the "'
<br /> , , lease. It Bortower acqulres hae tR1e to the Property, tha IensehoW nnd the tee tkle shd n<+1 merpe unles5 the Lendor aqrees to the � . .,
<br /> merper fn writlny. Fa�m aose uroo .,
<br /> F�o:v.�MO�a�oe� ra9.x oi e
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