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<br />`� .(� • ��� �id�s��0� '1` . . � ..
<br /> ' t�dsr may.a!any tima,cntssst and hoid amowtt3 f�r Eswaw Itana h sn at�pcagnt� amaun4 rtot to ezeeQd the m�dmum • .. . .` �° �-
<br /> ' amount tnat rr�y be�4uted tar Barcav�efa�sraw seeount under the Rsai Est�ia Scttl�nant Proeedurss Aet of t474, 12 US.C. . . -
<br /> �c6f11 gj ��end FmA}�r�►t�n�!rc�utattsns.24 CFR Frrt 3540.ss thay maY�a csrsrid�d trom tirr.o to ttrna PRESQA7� exc�Dt ,,�! ` s. ,.:, ( � v
<br /> thst tha cushion or nssn�s p�rtn&ted.bY �PA t,�r �mant�t�aird dlaburs�er�nb or disburswnants �atare the 8orrowsr's . . ; '�.t.
<br /> RaY+'nents eta �lla h th9 ecccunt may not 0�Dised on amoweta due far t3�a mortpaq�hssuanse premlum. _
<br /> -��....; I}14�s amount� hatd bp Lendar for Ettxow Itams Wx�ad th�amounts R�d to�o he!d bY Ft'"e�h Lendsr sha0 sccaicnt -
<br /> to 8orrov�sr tar tA�n�;ss tunds as rsQuirad by RESb�A If tne amounta�of Ile»ds hatd Dy Len�ir at any thw ua not sufticieni W . , _
<br />. , � sr . . .
<br /> � Pay th0 Eserow It�xrhao due.Lender esvy notNy tt�6arrower snd raqute 88rtoK�er to make up t�e shortaQe es permSied by
<br /> { Ft�SPA • �
<br /> : J Tho Eccc�w Funds ate pt�d�ed es addcl:anrs!s�ftiy for oif su�.��CCUrCd by thb S^..cw�y tnstrum^nt I(Bortoerar tendars - �:
<br /> �• ,h
<br /> -- W l.ender th9 fui paytt�ent af aB saCh sunzs. Boaew�s account sha0 Da aedP.ed w@A the�aianea rema�nhq for aD 6�steri'nsrtt ---:--�-----'
<br /> � @ems (ob (b�. �nd (�)�nd asty mort�0� insuraru,� R�am3m� instaBrnent that Under Aas nat becama oD�atad to PaY to the ...�.,: �:
<br /> Sec�etarlr.and lsnder shaW promPUll�aMid any�ceaa Ne�ds w Bartower.Immsdirleiy Drior Oo a forecbsuro sala of ths Proparty �;.�, • ,��
<br /> � or fts ecGuL�@ton by Lender.9orrowers aecount sha0 be crea�ed w9h any Eatanee rert�aininp 4ar a9 hstaltnents for aems(a).(b). ' . ',_ °:._.:
<br /> and(c� . `�'
<br /> . ,'} � 3.AppliCa110t1 04 PByf'►t@f1�.AY p4ycnints undor Para�raptis 1 and 2 etw.7 bo uAPGed bY Lender as ioC�ows: , �;�-`,�:_���.--_-_
<br /> .;r:rt�"—"'_� _
<br /> .�. Fifat,w the ma�tpaye hsuranc�P��n►��D�aN�ender to tt►e SacramrY or to ma mamhry chsr�e by ths�eaetery► - _-
<br /> > . • �f*
<br /> tn,tead ot tha monthry maRpaaa(nsuranee p�em5un: � _,,,, .�..�•�r
<br /> •, Second, to any Uxss. sD�1 assessmanls. teas2,'tGSi payments or gtound rents. end f*a. flood and other harard ,x�=_�.;�„-,,,,,,.,.'
<br /> insutanCe pnmiums.aa tsqttko6: '.--
<br /> . Third,to(�t�est�a undar tha Note; -
<br /> �a�- FOUft11,to err.orttratbn at tha pnc�ipcl of ine Not�r�r�f -
<br /> Fitth,to i4ls char�s t�e under tha Nota �r• -- _ .'" .
<br /> . �'� <.;.�,,''. �`::_c.::�-"'
<br /> '.'-`° 4'. F[re. �la�.+�J and Other H�d Inauran�e. easower ahau haure nr inyrarern�ts on me P�oaech.wnath�r �•� � ;_--� -
<br /> •-- � now h exLSte+►Ce or sub5�ucntFj ancc�0. epatnst anY hamcGS. casuada�s,snd Cc�tCi�r,.E�t. k�sl..�►di�g fs+o,sor w;�fch I.ender .' :,�'_:-'�-:-,
<br /> ��� ` re4�+tres tnsurancv.Thb iGw�ana aha!b�mahtahad b tt�amounts and fa ttw pertada that Lend�u requLa�. Bamewer shaD — .�
<br />��� �- a35o hsure atl Nnproverncnts an tha Prop�riy.whQther now b o�cistenca or subsequentiy erected,apat�st bss by ttoa�s to the �• _—
<br /> ' e�Qent requUed by the Sec�etary.AY issuranco shaY bo carrtad w�h com.panles aDArowd by Lsnder.The hsuranca pc�3as and -J-'=�`;' -- .-
<br /> - - any ranewats sha�b�Mb by L�tdar and shaY halcda bss payabfe ctousas in favar o�ind tn a torm ecceytabte to.Lender. `
<br />• In the eva�rit of bss, 8ortower ahaY q!w Londor hmwdi�to noUce by rea0.Lendar may make proof of tosa il noi made
<br /> promptt�l by Borrowcr.Eact� Insvranca compar►y concemed ts h�by authorhsd end dirocted to mako payment tor such bss . _
<br /> d'recUy to Lartdar.In�taad oi to Barowar and to Lcndcr I�¢�y►.AO or onyr part o!tho insuranco ProcCads may Co e9A�d by _;�_�,.:
<br /> I�nder� at Ys opUan. ofthar (a)to fhe reducUan of Ms 6sd�dnes.a under the Note and tt�s Secur@Y tnstrumant Best to eny ��,
<br /> daGnquent amounts�pp�d L�ttw order tn PaTaqrapfi 3.cse�'�to prapaymant ot priscfpat,or(b)to tho wstoraUon or rapair o! •:`R:"
<br /> . � the dama�d PmpsRy. MY aDP�catian o? Gva aracao4s to tho pMcfpal shaB not mRend or pas�or•ea Ghe due date at the ..;�•.;,,:
<br />• rnonthy paymmts wl�ich ors retorted to irs (�qrapb � � chany� tha urnount of sa:sh pay�rtie.�- &r.y �acess hsurance •� `-;,;`:,.,
<br /> ,`'zi..�'r:::
<br /> procaoda ouer an amaunt re�fad to pay a0 outsten6np���Cness undsr the Nate�.W¢��s�CS.:�j ishumant sha0 ba patd ,�: r`�. �-".`:;�:':;�
<br /> to ths entRY��Y ontRLd thereto. `t ',�.,:
<br /> <e_r�:.:,:�;,,.
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<br />; In th0 Qusnt of forectosu� o! thls &ecu�r3y lnSCUmeni or othsr transfer o! 4iW to Yhe Prot�j that �ctYnputshes the �'�� � `'S�'..
<br /> � hdebtaQnasa,a11 rt�ht,ttto and htWast o!Bo�arer in and to hsurance poQobs In forca shap paas to t'�n 3�hssa. ' • -�°
<br /> „., yrl.:.',,
<br /> 6. Occupanoy, Pre�ewation. M�lntenanc� end RrotecQlon op ths Rroper�; �3rvower'a I.�an ..��`�`°�
<br /> ' � G4ppil�tlan; I.�esehotd�eoam�wr aha9 oecupr.ast��,ih, ar+a uae tt+s Proputy aa eorrowers D�c�d reatder:ca w9hin j ''�;_..
<br /> IW
<br /> sDRy daYs aRer tha execuUon of tAts Sacur�y Instrument(ae aa�Etsln sORy d�Y�oi a War aaia or h�nstar of the ProDertyD uc�i shaD ���',_.�-- -
<br /> • conthua to occupy tN� Propwty as 8ortowMs pAncbal rqldrr►a for at fe�at orw ya�r attar bho dat� of occupancy. untess .-.
<br /> • WnOK daDUminp that nqufrWrwnt wYl quss r.:.dw MrQsATp tar Bortowsr,or uni�se mRamattnp ctrcurr���e�ds!wh(ch are --�-�- -�-�-.'=�s��:
<br /> . ' � Oeyond Bomsw�f� controt Borrawrr eMH��� Lender of arry�ctenuaUny�cfoumatances.Bartower stra�u Cpt COfMI�WIIS�B Of ,r 'riJf,S`
<br /> . �1'1
<br /> /(�f. .
<br /> ' ' das7oY. d�at substar►tL'tC�/efittn�tha PropWty w oBOw th�Pro�to 6ta�Aarata.reaQOneQt��'ra�t cnd tecr mu;tptod. �,:�f-��<<;_:.*.;;r.'!,_-.
<br /> . •. t�nder may bs�eet the Propery u the Property b acant or absnEonsd a tn�ban te h detauM. tan�er may take[easonabie l+'��.:.r ,�..:
<br /> oc6an to protect end prasen+s auch vac�nt or abandascd Property.Borrowar ahaA elso bo h defauR e C�wer.dudnp tho ban
<br /> �'::,<«�.
<br /> app�Catbn procoss.�ave materl�Ily tstta ar hiccurate InbrmaUon a ctatanw►b to Landcr(or hII�d tc pu�.9dv Lendar wRh any rg .,:-
<br /> hII d
<br /> . � materbl hicm�af3on)In connocUon wah the tt�evidenced by ths Note.hcludiny,but not fm�to,r�entatbna canceminp � ��"''���}����
<br /> iiv,�_
<br /> �i
<br /> � Borrowers occupanay of th� Prop�rty as a p�incpal rosWwico. 11 thla 3xurty tnstrumw�t ts on a (easehold, Borrower shail __ 1���
<br /> corr�y w$h tha provFsbns of th� Iwsa. If Borrow�►aCqutas fee tittta to tha PraAettY� the leatehold and fee tRle shaB no!be _ _ �
<br /> : merped unlase t.ender ayrsa�to tfie rt�ger h wrHhp. -.��_`- ��-?`�-
<br /> >
<br /> � 8. Condemna�on.The procoeBs of any awud ot cit�n for demapea,dtrect ar consequenils:. c�connectton wSh any : �.
<br /> cond�mnation w othar mk(rp of arry psrt of tho Propaty.or far eemrayance fn ptu�a of conCemnatbn,srA horsby assi�ed and ,,,^�����`'�'
<br /> sh�i 6o pafd to 1.�nQu to ri��dar►t of tAa NI amount of th� hd�bt�nesa th�t r�ms�in9 unpatd undar tAS Nota and this �`
<br /> � SecurRy fnsbumonL Lender s.�aAPH sueh proceedt to the reductton of 4Ae Indebtednesa un0er the Note and this SecurBy _ '------. . �.
<br /> � Insnument,flrst to srry de�nquent �nounta app6�d tn ths order pro+rided tn Panqrepfi 3.and than to geepaymant of pnc�ipaL ��'�{`�"'�'
<br /> „_�L'�.
<br /> qn D � ?y 03yments.which ere "`. "-
<br /> y appttcaUan o!the roceeds to the prtna d shaY not e,dend or pastpons the dus dats of the m;.^,2r ����'r^�;
<br /> ro.sared to h Paapraph 2, or chanQe ths amount o!auah payrt�enb.Ar.q�ccess proceeds over an��+sea.i requ�ad to pay ell "�� �'�
<br /> � •r�.} ,."��•-,�.
<br /> �a:�"3standlnp hdebtednass und�tha Nota and thts Sacur�y Onstrument sh�U Oo pald to tRe ent�y bqaLy er:".',igd thete:o_ _ ' „�k�,. ,
<br /> M
<br /> ._�;,.��_�:•..:
<br />� � � 7. ChsrQea to Borrower and Protec4ldce m4 tender's Riphts In thti Proper�y. Bortowar shaU pay all � : '`�
<br /> govammental or municbal charpes. ftne� aas ImpoaiUona that are not �cluded tn Parasraph 2. B�wer SheU p8y thes9 ":'�Y;,=,;�.�.,:��.`,�.;:',
<br /> obllgettons on tima direcUy to the erttity xI.".ixl�is owed the paymcnL If tafiire to pay woutd edvers¢"��,'t�ct Lenders hterest tn �: .�_� :•� „ •.
<br /> � . tha PropaRy,upon Lsnder'a requwt Bortower ahaB prompUy fumish to lendir recebts evtdencinp theso payments.
<br /> I1 Borrower fatla to mdce thess psyments or the payments roquired by Patayraph�sn 4afb to perform any ather Covenants s"'"`�"�'�"'•":
<br /> � and�Qreaments contahod tn this SecuYdy tnstrumen�or thare b a t�ai ptacaedhp tAat rsay si�iRCanty attact LenQers�iphts tn ' ' , •
<br /> tha Prop�rty(such ea�procaedinp tn 6an!��tay,for eendemnation or to enforra bka or rspuLltions),thsn l.end9r may da and � - :
<br /> pay whatever F� necessory to protoct tha vs9m of ehe Prop:riy and Lenderc righb h tne Property. Inc�dtnp payment o1 texes, ' . ' ..
<br /> • harard insuranCe and othpr ftoms m6ntbned h Peragraph 2. . ' . , - �
<br /> ,_ : �
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