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<br /> Borrower's eserow account undsr the tsderal Rsa1 Esmte Settisment Pracedures Aet of 197a as acnended from time to t6ne, 12 U.S.C. �-4. . ��_ ..
<br /> . .` `, 2601 et seQ•('FI�SPA'�un�ss Anothfu�w thal eppties to the Funds sets a tesser emaurrt. If 80.Lendar may.at eny time,ecRact end .
<br /> �� �\� v ' hold Funds fi an emount not to�d the tesser emount LenQer m+�Y�e the amouni of funds due on tha besls ot current data . •
<br /> ----���� a�d rassanshla ssttrnates of e�end'm,res of NWre Esaow Items or otheavise�accordance w�n aBAUcc�D�taw_ _�--Y-�`'--4=--�
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<br /> The Funds shall be hetd in an inst3utlon w�ose dsDas�s �re Insured by a teGerai a8e^eY�Funmstru��y�Uie Esecow�i��s. ,
<br /> ` , . Lender. it Lendsr is sueh 8n insffiution)or a�any Federal Hort� Wan 8ardc. Lender she9 aPPN .
<br /> ` ' ' ,Lender may not char$0 Borrower for BotGo�g and ayPMp►9�Funds.annuAity 8n8lYainB N9 esc�ow atxoun�ar veritying tAa Esuow ` . .
<br /> " ` Itsms.untsss lendet paYS Bortovier mterest an tAe Wnds end appGcabte law petm@s Lender to maks suth a cAarge. Howevet.tendsr •�� . , .
<br /> ..` t ,`.� may requb6 8arrow�t0 pay a onaitrne charge tar en Indep9ndent mai esffite tex t8portlng 58rvtce used by Lendgr tn conoeetion wiUt
<br /> . , this toan.un�ess aDPGCaEla taw provlQeS otherwise. Un�s9 an agreement is made or appticable law requires tnterest�t°9 e owever,thet " � . .
<br /> � ":..•,.�«� shsU not be requced to pay Bormwer eny c�ts�est or eammgs on the Funds. Bortower and Lender may a9ree , -
<br /> ' ` � inLeiast sheA be patd on the Wnds. L�der s1�D gl+re to Borrower, w3hout charpe, en ennuat eccauntln9 of tAe FunQS, shovrmg _ __ , _
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<br /> , cred�ls and Qebas to Me Funds and the D�Dose tor wttich each QBbR t0 tha ftntds c�as maQe. The Funds ere PteQSed as 8ddittOna! � , :-
<br /> � secur7ty far aD sums secured by this Secutliy lastrume�t � ,-
<br /> • It the Wnds hetd hy Lender�cceed the emounts permitted to be�e►d bY epplir�h��aw.t.ender shall account to 8artnwer for tne j�:t;;`
<br /> excess Fuods in accordanee viUh the requtrements ot appGcab►a �aw. If ths emaunt of Me Funds hetd by Lender at eny Ume 1s not ;,'
<br /> sufficent to pay the Escrow(tems when due,Lender may so not�y Borrower in wr�n9� end. c�sueh case Bortower shaU pay to Lmider� ,, ,.
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<br /> the amount necessary to matce up the deficiency. 8ortower sAatl make up t1�e defieiancy in no moce than tweive montl�y payn�ents.at� :�;'ri:.;`,
<br /> . . Lenders sol�d"rsaetton- •<
<br /> , � . .i Upan payment in fu0 of a0 sums secured by this Secur�y Instrumsnb LenQar shatl prompttyr reiund to Bortower any Funds rtetd Gy� ... ;. .�
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<br /> � • LenQer. If,under parag►aph 21,L en del S h a U a c Q urce ot 580 the PtoPeriy.Lender.Prior to Me acquisdion ot 6a�9 of the Proparty.shall� L,i``�,��^__�
<br /> � . ' � � BPV�Y�Y Funds held tiy Lsttder at the Ums of ac4utsttion or sate as a cred3 e8��the sums secured bY this Secu�itY InsOumen� , . �_
<br /> . 3. A p pHeatlon ot Paymenta Uniess apPQcabb�aw provtdaa atherwtse,aD Cayments teceivea by Lender undsr paragraPhs .
<br /> � . 1 and 2 sha0 be appQeQ first,to anY GreAgY���5�due under t he No t e; sacan d.t o e m o u n t s p a Y��u rt Q e r P e r a S t a p fi�ffi t r d
<br /> , ;,r. to tnterest dus: fourth.to O�ncipel due;artd tast.b eny► tate charges due under the Note. � - -_.
<br /> . , , 4. Chargea; Uens. Borrowet shall PaY all taxes. assessme�cs. ener�s.rmes and �mvos�roas em��,mnr�m me�ooerty ;"�
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<br /> , . ` �.�.<. which tnay altBEn pr(ecity over this Securiry Ins�umen� and teasehold payments or ground rents. d any. Bortower sha0 pay these ;�.s�-
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<br /> obligations in the manner pravided in paragrePh 2.or if not patd m that manne,8ortawer s h a 0 pay t h e m o n U m e d h e c t i y t o t h e person �• ;�,,�,. _.
<br /> • owed RaYmen4 Boaower shail promptry fumisb to Lender atl natiees af emounts to be paid und�r this peragraph. If 8ormwer makes " �;�-�_.
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<br /> . • � thesg�gyments dQeollfl.Borrower shall prompUy fumish to Lertder receipts evfdencfng the paym�ts. ..� ��.;.��4
<br /> " " Borrower shaU pcomptry discharge any Iien which has priority over thEs 3ecuritY InsCument unlass Bortower.(a)agrees in vv�n9 to ..i�..t
<br /> .� � _. - the paymant of tha obIIgation secured by the t'�n in a menner&cce0ffible to Lender,{b)contasts in good faith the tien by.or defends . __�='�'"
<br /> , �• - � agafist entorcement of the lien In.fegal Droceedings which In the Lenda�s opinton openate to p:avent the entorcement of the t�n:or(c) , �_��•?.:
<br /> sea,res trom the hotder ot the Iten an agreement seUstactery to Lendat subordinatlng the �an to thfs Securiry InsbumenR. tf LenQer �:, .•�,�i��r
<br /> � dstertnines that anY Oart of the Propertl� is subject to a Gen whlch may attain p�loritY ovar this SecurnY InstrumenL Lender maY 9�e :;�1u�`i�.;
<br /> � • ' -.�- Bortawer a nottce identitytn8 the 6en• BoROwer sY�lf saUshr the�en or taka one ar more of the actlorts set forth above wdhfn t0 days _i;K�;.
<br /> • '�:', ot tha givNg of notke. . ��'��'.'-�i,
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<br /> ' S. HazaPd or Property tnsurance. Borrower shaA keep the 6�rovements now existing or hereaftet ereC�sd on the :
<br /> � PropeRy insuted agaa�st loss by fire. he�ards inctuded w3hin the tertn'wctended wverage"and any other hazards.�cNding ftoods or • ...�;�'
<br /> , ftooding.�or whicA Lender requires tnsurance. 'itds insurance shali be marc�ta�ned In the amaunts anC for the perio0s that L.ender _ `='�;-
<br /> r�q��gs, The mgurgnoe carfiet provlding the msurenC9 stlsll 09 Chosen by BoROwet subjeCt to Lendsrs epproval whiCb shBD n0t Ea _;_�.
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<br /> � unreasonaby wfthheld. It Hoaower fails to maintaln coveraSe Qescr�ed abava.Lender may, at LenGer's opUan,obtafn coveraga to �_���:,
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<br /> • protect Lendefs rights(n the ProDen]/N�rQance with paragraph 7. • . -��
<br /> Alt�surance poCeies and wnewats shail be acceAtabt�to Lender and sha8 include a Standar0 moRgage ciause. Lender shaD have ..�.�_.
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<br /> ��: � the right to hatd t�e PoliCies ena renewais. tf Lender requires.8onower shall prompty 9�� �ender all�eeeipts of pald Premiums - ` .�sr:
<br /> �. • } an0 renetival noNCes. In Me event ot loss,Borrower sfltlD give prompt notks to the insuranCe cerrie►entl Lender. LenQer may �g ;,^��
<br />_ ' proof of loss if not maQe promptry by Borrower. �` •� ��.
<br /> ' � � • Untess lender and BoROwar othenNtse agree b�wr�n9.�nsurance proceeds SheD be app�ed to restoBtion ot cepatr of t�9 Property °--
<br /> damaged,H the restoration or repaU is econorntcaoy teas8►te and LenQePa securiry ts not les:�aned. tt the restoration or n,..pair is not . :...:r�,-
<br /> ' ' ,� ' economicaUy teas�ie or Lenders security woutd 6e lessened. the insurance proeeeds shaU be epplied to tAe Sums seeured by this �
<br /> � ' Security Instrument, whetAer or not then due, with anY wccsss Daid to Borrower. If Borrower abandons the ProAeRY. er does not . , .::
<br /> � � arswer within 30 Eays a notice from Lender that the bsurance earr(e► has oNered to settle a ctaim, then Lender may cogeot the • . =..
<br /> msurenee proceeds. Lender may uss the proceeds to repa� ot restore the Property or to pay sums secured by this Securriy �
<br /> Instrument.whether or not then du9.T�e 34day perio0 wiil begfi when the not�e is given. .
<br /> Uniess Lender end Bortower o2hervvise agree in writhg,any apP��tion o1 praceeds to principal shail not extend or postpone the _ tr.
<br /> ;r� due date of the monthy payments referted to ai Daragraphs 1 and 2 or change the amount of the paymznts• If under paragrapA 21 .
<br /> - tha Woperty is acquUed by Lender, 8ortowers right to any insurance poficies and proceeds resuttfig trom 6amage to!ne Property prlor
<br /> . �. to the acquisitian shall pess to Lender to the extent of the sums s$cured by this Securityr Instrument immediatety prto� to the
<br /> ' . acquisition. ..
<br /> � ' 6. Occupartcy, Preservatton, Maintenance and Protecuon a4 the Property; Borrower's Loan
<br /> � � Appllcatlon; Leasehotda BC:rowet sh80 oCCUpy,estBbGsh,8nd use th9 PrOperty 89 BOROwer'S ptlnCip81 reSiQBnCe wfthU1 SbRy
<br /> days after the execuHon of this Set�.ay Instrument and 6hal!eontinue to accuOY the Property es Bortowers principal resid9nce tor at ,
<br /> teast one year after the date of occupanCy, unless Lender othprwlse agrees in writin9. which consent sh8i1 not Oe unreasonaDN ,, , . ' :
<br /> withhetd,or unless extonuatmg cucumstances exist wAicn are beyond Bortawe�s control. Bartower sha��not destroy.dasnago or Impab ,�,
<br /> � . � the Property. allaw the Prap�Ry to deteriorate, or commA waste on the ProAerty. Bortower shaU be in detault N any forteiture aetion or ,
<br /> praceedmg,whether civii or crlminal.is�egun that� LeedAr's good taith Judgment Couid�esun in tot(eiture ot the P�operty or oMervilse
<br /> � 'i materiaity imDau the lien created by th�s Security �nstrument or LendePs sscuriry interest. Bortower may cure such a defauri and
<br /> reinstate.as provided in paragraph 18, by causing the ection or ptoceeding to be dismissed with a rulfig that, in Lendels good faith
<br /> � determination, precluQas toAetture ot Me Bortowers interest a� t�e PropeRy or other mater 1 a 1 i mp a U m e n t o f t h e t i o n c r e a t e d b y t h i s
<br /> , � SeeuriSy tnstrument or Lender's seeurityr interesf. 8o�rower shell elso 6e in CeieuR B BoROwer, duriag the loan appi'ieetlon process. '
<br /> • gave materiaity Iaise or inaccurate information or stetements to lender (or faifed to provlde Lender vrith any material in}ortnationl � �
<br /> eonneCtlon wRh the loan evidented by the Note,nctudi�g. but not lunited to, reprASentations conCeming BortOwer9 oCCUpancy ot the
<br /> ' " �. Property as a prmcipal residence. �1 thls Security Insuumant �S on a leesehold. Bonower shall eompry wfth all the provistons of the i ,: .
<br /> ' � � lease. if Borrower ecquves feo title to the Property, t�e teasehold end the fee titte shall nat merge untess the Lender agrees to the ,
<br /> • merger m writmg. Fo�m so�e vreo I , •
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