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<br /> " Bortowar's escrow&Cecunt undar tfw tedacC!Rial ESffiti SGttL'�crrant Proa.dLr�3 Azt of 1974 na¢mcndsd����12 U.3�C.
<br /> � 2601 et seq.('A�A'�,untos4 anaU:er taw tAai sp�Sea ro tn�F�mds seta a less,.�r amourtL If so,Lsndar may.at eny tUn9.Co�tt end , , �
<br /> ho�Funds�n en nrnount not to a�ocoad tho tesser a�r�ounL Ler�dar may esdrtsate tne emount of fua�a due on tRe hasfs of curtent dst� i �<° `
<br /> • and reasaeabia estYnates o4 ax�endlhrrQS ot Pua,n Eacrow ttsms or oth�aw�sa h acecrdanca wati epy6oabb faw. � � • . '"
<br /> TI:o Funds StiaD ba heid fn an hst�utton whoao d�os�s ara h.,ured by a fed�al fl�cy. b�ruc�ntaRri ar enttty (he1�d(nA '. � . =_
<br /> ` Landor. B lender b aueh an hat�ution)or h any Federal Hortw Loan 8ank. Lrndo►shaD apAry tAe Funds to pay tAa Escrow It�ms. . . , `--
<br /> � Lender may not chcirpe Barrowar for holQ�s�and appiyhp t�+e Funds.saletf�j enary�9 t8a escravr Ac!�2�� � or varif�r�g tha Escrow . _ _ _ _._
<br /> � Itema,untesa LenQsr pays�crro�var htet�;t on the FunQs ond oj►pQcabla taw partn�s Lend2r to ma�se such a charpo. Howsv2r.Lendsr ' �_ -
<br /> - may require 6attowsr to pay n onsthw charga for an hdepsndertt raal arits tmc rspoRtnp senice used by Lender fn connectton w@h �•, • _
<br /> this bat+.unhss eppQecble faw prWtQes otherwiss. Unless an a�aenr3n2!s made ot aQgIICabta lew wquires hterest to be pald.lendet , � . '
<br /> _�; sAatl no!bo requted to pay Borrower any Interest or eaminps an the Funds. Borto�va end LendFt may eQres L� �g,hawever.that . • , .' �
<br /> .�� ht�852 SAa9 0e p+a_.id on the Funds. Lsnder &haU glva to Bortower. wRhout charQe, an annual eCCOUnUny of tho Funds, showhy _ '____.__ _-
<br /> —_.<._,_�
<br /> ered�e and debRs to th9 Funds end the purposa far�rrhbh sseh QSbtt to tha Funds was mada The Funds ere pledged es add8lonal
<br /> ., security for ati Sums 59CUred by this Securif+InstrumanL . _ .
<br /> H the Wnds hetd by leader e�xeed ths amcunb per�n�tsd to bs Aetd CY aAPlice4te�sv.Lonater ahaU flCCaunt tv 6acmwer fot tho � -.c_:�;;�
<br /> ?'.:-. �; _ .�..
<br /> , �,:�.: e�ccasa Funds fn accordance w@h thv roqu6�.�tc a?epBG�l�ta�aw. U fh¢G.�rt�eu-�tt�Sice Fttttds heid by!t3-tdss at etty�Lt{rt9(S aot ,;__,.. _ :"" .,
<br /> � }'. SuFt'�clBnt W p8y th9 EsCtotN lt6r�+S vrPt6n dtt0.Lr,nd s tstay�Q[teffiy Qa��ce Li v�a'�'t�,�t21.h':sut�cus�3 84rt4r�git+i'G�to l�atdMPS a ft � ;
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<br /> ,�hf,�'i1 th8 BtAaUtlt�8C0598tY t0[ftflkA C�Q S+s d6G''yi�Ltieq:. BCCfOttEV 811tFA rttGk�tt(i 1!i(��i�tT.'rCy rT st:.�if�S9uC�r��YfC'Rh'�ly y7EJT%s�'S.�r r n��rf;rµ i�.t�y�r�f_;"il ;:,
<br /> '>`��.'� lendar's sole disc�tion. �,j
<br />. s±�f4' �.����i�s>�k s:���,y'�2 1�r f�.
<br /> Upon payme¢t?in htii of 6,9 m:rm_a�s�ttrdr��fltis S''�u�y Itti�9utrn3t�f.r�'✓i��;ura'fis�fi�'e';'.�nd t��,;,ro�ver ar.y�.:s���3'S ;`�' � �'�l'.�ir`.
<br /> r t!r� 'ir,.�.. Y� ^ .
<br /> � -�.:.� . . . ....
<br /> Lt�ed�r. �f,4:�s��arsqr��h 21�,Cre.disr sSts9��ie or:,�tfse Propartyr.tsrtdar.Ptiiar trs L'te acqutcftton or sete o!thfl Ptopetty.s ha 0 •.:•°`""
<br /> . • r�--
<br /> aPp•Y anli FunBs Aeld by Lendor at tna ttrw o4 acquis�lo�ot sale as a cred@ ayahst the sums secu�ed by this SecurHy Insbumen� _=--
<br /> `� 3-APAlicatlon o4 Paymenta Unless ePA4cabl�I�w provides othetw�s0.eH Paymeats received by Lender under PereG►dP1� ��,_�_-.,=
<br /> 1 end 2 sAall be apDb��.��Y P�ABYment charges dua undas tAe Nots;svcond.to unounte payabk under parayraph x tf�Ird � . , ¢
<br /> 5��� �
<br /> ro hterest dua:fourth,to pr(ncip�l tlus;�nd tut,to any at�charpfs du�unQK t�o NoU. "' '�����
<br /> 4. Char�PA: Uena. eortowar�tW DaY � �s. asaa�mrnu. o1�Wa. fin�s �na tnPosBbn� atb�utebt� to ths Prop�ty - �=-=�-��"
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<br /> whtch rt�y attatr� Prlor�!► av�r thta S�curRy Instrumm6�rtd haHhoid payrt�nu ar QrounO nnU. N�nY. Boeroxrw �Aa�O+Y thn� �'-.rs-__ -�"-'Tr�,-
<br />� obliyationt h th�rtsann�r provid�d in per�rtph 2,or 11 not pald h fhat mvxiw.�8artowrr sh�tl paY lR�rn an ttre�dreaty to lh3 p�.roon ---- s�,,, `�'_-�`
<br /> . owad payrtwnL Barrow�r�ha9 prompty wmt�h to Lsndu oD aat(�s ot��nour�p to W patd und�r thb psraQrsph. 11 Bar►awu mekss _
<br /> � t�as�WY�to dir�cUy.Barrow�r�ha4 PrornD1M Nmbb to L�nd�r�bt�av'd�nolnp th�PtY�'►1s• � �, ..• � „�v�---
<br /> �:. .: 8orrower shaD prorr�ttyr dltchar�any Qan wt��h Qte prbrRy ovss thb SecurRy inaUument un�sa Borrewx: (�)�yrM�in xr�U+Y to `'4� .`-' F�-'�' .
<br /> th�paymatt o!tho obCaatlon aceurad by tho Can tn o rn�nn�eeeeDtn�L�to Lcnd:r.(b)eontasta h pond f�@A th�C4n by,o�def�tJS ��
<br /> o,paNtt anforcwn�nt ot tha ean h,lopal proCWdEnas whkh In th�t�n�s optnbn oprat�to D�t th�enbrcarnent of th�U�n;Or(o) �'�" ' �'�' �
<br /> securos irom the hoider of tha fkn 4n ��r�nt satfstactory to Lenda subordinatiny the Q�rt to thls Secur@y instrumen4 It Lender ',-`�:. . ;� :
<br /> Qetarminos that eny part ot tha Property b snbject to e f�en whlah rr�ay atmUf prtor3y ovar thb SecurBy Instrumanl, LanQ4r may OF+e 1.
<br /> � h n aot foRA�bore wRhh 10 da s �• - �'�`
<br /> B o r ro w e r a n o f i c�i d a n t�y h y t h s f i e+f. B o r ro w e r e h a 0 s t t t s t y t h�6 a n o r t a k a o n�o r m o r e o f t e a c t t o s Y � ��
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<br /> • Of UIa pNhp of nOUCa. i� . -
<br /> b. HttAlyd Or Property InsttranCe. Barrowor st�aY kaap th� tmprovem�r►ts now �dstinp or hareafta► �ata0 on eha ,�`r �.
<br /> , PtopYttyl tnSUrGd ipafis4 bss by fir�. tlamrEs IrtCludsd wthh th�taml'�dtirtde0 Covem.ge'and any othK huatde.irwbdinq fl0ods O► �f�:,..
<br /> �y i•
<br /> � fiaodlrtQ. tor which l�nder �rylr,� fnsunnc�. Thts inaurnnco ahaA b�m�i�m6�ezi ts cLto r�nnounts and for th�partcds t hat L.a�d a r �:��!�: .
<br /> 0
<br /> . reruires. The hsuranca aarrkP provfdinp th�hsuranea sh�Da chosan(sy Qmr¢ur��l�sC to Lw�ds+'s aB�^a��l�rRi�t uhaD not bo S
<br /> unra�sonaby w@bhe:d. If 64r.�owar fa1�to m�fn� c� Qsseri'nad �IIrn.�a 6rsrdces�mr�.e2 L�dda a�ssa.cC�tr.cavecg�ta �_--°
<br /> . ,��..: protect Lender's riyhb In the PrapeRy tn acco:�ae R�Fa,�qaph 7. �7•�-
<br /> ,` . .."�i�.:�.
<br /> '�'�' AY hsuranc�poYCfos and roc+owata sAa6 ba eccap��►t�1.9ndw aRC!dsai7 tna4ide a 5�dasil�rwt�c a�ausa. f.ar.d�r sF:eD A�re , =�,o•�a�,,
<br /> t�Apht to hold the Do1'atq mr.+�renewaSs. it Lendsr re�,�m.BoROwar atwo P��+�Cfh► tih+$ta Lr�dru c�raeef��aJ.iiNst Premlums t:.-,��,:;:
<br /> ,.� (�.;•• -:- � ,�..�-
<br /> -i,�;;:�, �r�ranowaJ notlCes. In tha�t of(oss. Borrovra sha9�+a prompt natico to tho���uranw c2r�"a�+S Landar. L�r�r may m91ce t`,... .=U'w
<br /> ��,i;;,r��yi;:�
<br /> •�)`;`'=if plaof o!toss if not mide Dro.'�+by Borroww. ' n �
<br /> �"��J�`} Unta�s 4nGM ana 8o[roxwr otharwl�apr�h wrZinp.hsuronw prac�d�sh;U 4e aG3'dW to�.stion or ropalr o!th�Propwty _..�u 1,.�::r��,. .
<br />:.;1:1�5�Y•'a; M+ARli-_."�.�'��'o
<br /> ''" ' Eanupod.M tho r�storation or rbpair(s�conomk�Dy f�ubv�nd I.�ndare ar.,�cuy Is Rai dws�ned. H tha rastoratbn or rspttr is not = .��_,.��,,,,,
<br /> � oaonomTc�lry Ntsbt�or Laidds tacufity woub bo tac�nod. ih� incurmca procmda ctrG�ba i+PD�ed to the sums sQCUrod by tAts '�,—:. '`-
<br /> SacurRy Innuumrnt, whathsr or not thon du�, wRA any�oxas pNd to 8otroww. It [[Sr1�rw abanQons the ProAeRf�. or Qon not 'i�•:'�,-..,,;�-----_
<br /> m ,y;s,;
<br /> ansvrer w$hin 30 daye e notiCe hom l.endor thot ths insuraneo eanir�.as offa�rod :� :� a eWm. than Lan6er may eoAect tha y�,.:: .._"'' �
<br /> . Insuranco Oroc�de. Lendar may us9 ths procaads to npatr or r��a �.�� ProRSR'1 ar to pay au�ss secured by th(s Secufiy `-,�
<br /> - Insbumanf,whet�er or not then Que. The 30�tsy period wfD beph when�'��aat�e(s��. , . a�.�._,.
<br /> pr� � Y a0P1ICaUon of proceaw rm Grino °�="�'."''°•.::-"`":_
<br /> Unlesa Lender end Bortower othenviso a tn wfidr. en ipal s:.�.s not e�d�r�postpone the ,��,�r�,�,� _.,
<br /> � � du�dato of th�manthty Paymente refeaed to b parayr�A'na 1 and 2 or chanpe the a.rl�r-�of tAo payrrsnts. H urs�r parapraph 21 "• —'"'°"""-_--
<br /> � the Property ts�cqulred by LAnder,Bortowefs r�ht to arty fnsunnc�poYci�and procesQs�esu@np tr��n Gema9e t�the Property pAor ;���'�'� •���� �
<br /> _,-,-.�.., -
<br /> to tha acquEs@bn shail pass 4o Lender to ttio �dant of the sums securod by thb Secufiry tns'a"��&:? Irt1Ii18dI4t91y pdM t0 th0 '`'" �;,.r., ���
<br /> ;.
<br />� ' � acqui�kion. _
<br /> � � 8. Oecu ano , ��senrerli�n, Malntenance and Protecflon os the Property; Bovrower'a Loan �'�".��,
<br />.. A Y r��:�.�-=.
<br /> AppllCetton; Leazeh�►7,^�.�. Bo►rowar ch�u occupy,utibGsh,and uaa the PropKty aa Borrewofs princpal restda�co wP,�h tbdy �
<br /> days aftw tha�cutbn ot thb SYCUr�y Inftrurtw�t and shai!conNnw to occupy tho Property as Bonowara prtnobaf rosiQanC�tor�t �� ^ �^ •W�.•�.`�
<br /> ,�y.,.'.. .
<br /> Wat on� y�ar dtm ths dab ot occup�ncy, uni�ss L�ndrr othNwis� �Qren in wriUnQ, wh�h cans�nt shafl not ba unnaaonably • . � � -.
<br /> � . wkhh�fd.or unf�as�aer►uattnp circumsmncw�ckt whtcb an bsyrand Bortow�fe corrorol Borrower ahaA not destroy.damape or ImpaY �� '� ';'��' '
<br /> � the Property.allow the Propeity to deWriorab,or commx wasti on th�Property. Bortowor sht4 Oe h dafaut if any forh�ttn actbn or : . ��'�` , '
<br /> � praceedinp,whether ctvU ar cr(mtnat,b bepun thtt in Lendefa qaod fakA JudpnNnt coub resuR b toAeRure of ths Ptop�rty ar othonvtso : . . __
<br /> � � matodtky MpaY th� Aon cre4ted by thls Secur3y Inswmer►t or Lendefa seaurfry intarest. Borrower may cure such a defauR and , �
<br /> i•:
<br /> � rehstatv,a9 provlded In panyraph 18,by Qaualnp the action or proceadinp to be d�m�sed wPth a rulYig tha� b Lendsi'a pao6 tahh . '
<br /> � datertntnatton, proC�des forfe�uie of ttro Botrowe�'s hterest h t�e Property or other matertat tmpu:�nent of the Iten created by thls � . _
<br /> Socur@y Inshument or L.endera securfry hier�� Bortower shaY�kso bs b CetauR U 6orrauesr, dw:�p the ban appltcation process,
<br /> � gave materWy telse or inaccurate hfomutbn ot state+r�te to Lender (or failed to Rr�u�de l.r�rTS*:N:th any materinl Intortnatlon) In
<br /> connection w8h tha ban ev3Cenced by the Note,incUdbp, but not BmRsd to, repr�+t�uu�n�as�+r�nrr.� Bortowera occupancy of ttce , � ,
<br /> Propsrty as a a��cipal ras'.dence. If thb Secur3y tnstrument !s on a tecsehotd. Etm�ns�s,r���3�am:r,� :u�h afl the O�ovts(arts af tNcs .���`.� ��'�° �••
<br /> � ;r.,f
<br /> leasa. tf pasr�vr,r r�qut-�r,�e t�le to tho Properfy. the teasehotd arC�fi4 t`ee a:.'s sr..u� ��r. �ensR•r���a tns�nEer as�tn �tt� , . �,:,�":,�;,:
<br /> 'TST�iT UI YAYtiJII�. �-C9T 3C?D 6fUS 4, .' . :. ' ' � . _
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