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<br /> t,� yt ( . . '. �.- . �.
<br /> .�� LsnBsr rr�Y.at any Urtra. eo�ct fand ho[E amounts int Eserow itsms h an aQqre4ate emaurtt not to mccsed tAe max�wm (� ,,.? .' `
<br /> � emount that may De re�Wr�d for Borrox�crs escro�r cccaunt undsr tha Raal ESmio Sott�ment Proceduros Ac!of t974, 12 llS.C. � � . �'�y'
<br /> �2601 �r�q,end trtplementlrtp reputetlona. 24 CFR PaR 350C.as tfiey m3y be amended fram tjrtw to Wne(`HESPA�). ez�ePt • `��< '� --
<br /> thst the CushSOn Or res�tve parmSd� Ey RESAA fat unsnUcbamd dLsbur�ements at d'sbur68mentB Deforp the Bormwers �' . . �' '
<br /> • DaYmeets ue ava�Db fn the scecunt may eo3 bs based on amounts daa far the martgape hsurance promWm. � ` W���
<br /> (f the amount& hald Dy Lender for Escrow ftEm.3 o�csed ttie emo�nls pa�m�l�d to Da hxd by RESQA,Lcndet sh80 account �
<br /> to Bartowar tor tho aesss funds as cequYad by RESPA I!the amounls of funds hed by isnder at any ttn6 are not oufficient to � � '�, --
<br /> •� pay the Escrow Items when due,Lender may eoL3y the Borrower end requtw Borrower to maka up the 8hartays as permRted by ' . . `
<br /> �a � , ' ��'
<br /> - The ESCrow Funds era ptodgod es edd�iton8l seCUr�yr for eB sums s�ured by thts Sacur�y Ins4rumcnL lf Bartoarer tendors ' � •
<br /> - to LEndsr the tu0�sayment ct a�such sums, Bo�ror�efs account shaD be aedded w[t!i the balsnce rematne�g tar a0 InstaPment r '�'—
<br /> { 9erns (a). (b). and (c) and any maRgage hsurance prsmium hsTaCrr�gnt that Lender has not become obliQated to pay to the --;��-, _ - - -_
<br /> � Seaxeffiry.and Lendtx sha�!promptLj rotund eny s.�cess tunds to Borrower. Immsdiatey prior to a foreclosure IIate ot ttie Property � . � �
<br /> ' or @S 8cquts@!cn by L.ender.BamDwers acCOUnt ShsA be ctod�o�wkh any bafanCe rem�tnMp tor al1 instal'mants for a¢ms (a},(D). E ... -
<br /> ' � und(Q}. � . � .i�Z.
<br /> 3.AppllCStdOn Of P�a�i18P148.!W p�xymants unda Paraqraptis 1 und 2 shaif Ea eDDl�d Dy Lendor as follows: ..` . .. ";;
<br /> Fl�t,to tha moRpage hsuranco p�nWm to De patd t2y LsnJSr£4 tha&tcretary ot to the monthty charpe by tAe Secretary ' � �i'.-�-,�_ ,�
<br /> " instead o!iha monthy rtwrtyepe hsur�ncs prsmbm; .,, •::f'�:�y` .
<br /> SCCORd, tp ltny f�s, spectal essessrt�ants. [�� x:�^snts or�ound ronts, nnd f4e, fbod and ather ha�M . f.�. - -
<br /> t�surance pnsniuros.as roqated: .. .'�'�'°��
<br /> Tht�d,to tnterest�a ander tha i�tot� ": ,_� ��.�;�.`,.�,.
<br /> �Oitfiif.G�smartiatfan of tho Ortncipal of Ma No4e;end �
<br /> � • .7�t�.ij��. ..-
<br /> • FiftB��ir��te eharQes dae under th�Nate. ,', ':,1�°�:�--__��
<br /> . . e:. �-�-3T.'5.::`.�—
<br /> 4. F(fe. FlCOd end OtheY Htlzeld let�ti�t�s. 8o�x�sha0 tnsure a7 fmprovements on the Properiy, whether � ��'� -.�..---•
<br /> now in e�tence or SubsequenUyr eracted,against em.' !m�."�.casuaRies.ar+d contti p .";�'.�.�_.•�=�^A�;..
<br /> qencies, hck�din ftr�e, for wAich Lender �•..,;E_. � ��;�
<br /> � requires Insurance. Thts hsurance ahaA De matntahad t��e amount�and tor the pertoAs that Lender raqu�res. 8orrower shatl � ` -
<br /> ,�� aso (nsure aB tnyroverteents on tM Propa+tyr.whather now in ex�tgssce or subsequentiy erected.apaf�st bss by flaods to the ,. f'<�";-
<br /> •Z , '.. ;. ;;?y:`�n�:�:�::
<br /> �, e�dent required by the qBlxatt�ty►.IU bsuranCe ShaY bo t�triad wrih o�mpanps apptavEd by Lendet.7tt0 insurunCe po��is and � ,..•.' ' . y �f ., _ �.
<br /> . ` any renewa►s shaB be h�fs5+Lender and shafl irtcwdri bss payabie clausas b favor of,and In a form acceptabte to,lender. �';"r�`���'� ., ,!�.{«' �:.
<br /> '•f•;<
<br /> _a��µ, .�- �_.
<br />' ^ � tn tne aven! of toss, 3ano+ver shal pHe I.�ncla Fnr�edfate noUce by maB. Lendsr may mako proo! of bss U not maQe ":,�i�'v�;'','. 1�.i:>d;; �....
<br /> . . trorr�ty gy Ba►row2r. Each insum.nca cort�ny concEmcd Is h r c.f�
<br /> erebp c�thorl�ed and d1r¢�ted to rtiake psymctnt for sur.t� loss � ;.9tt� rf;��?��r�;4�<
<br /> dirscdy to Landar, tnataad oi W Botrowx and to Londar jolnhy.AD ac�iy part of tfio Insurnnco proc�ada may ba t►pplt�d by t, r.���ifs rf ti� ,�:
<br /> i '+'l�17' �'L;��s, 1
<br /> L9(IdY�.at Rs option.Y21W►(e) t0 Me (OdUCtiQD 0}th0 hdeDtedi1939 i:71d�ffi� NOt9 Btid 1hIS S2CUfIIy IfISf1Ut11U1L tG5! t0 9rly � e .'r-a'%. ...::.�'�: .�
<br /> . de�nquent emounb c�ypQed L�th9 order tn Pa�aprapb 3.r�d th�n to prepayment ot pr�cipal,ar(b)ta tho restoraUOn or rapaY of �'�y�`;'1�. ::.
<br /> the damsQed Property. Cas:�appYcatton of the proaa¢:1s 3� the pfi�tpnl shaA not o�end or postpano the due da0a of the ;.
<br /> ; monthy paymer►ts which � �terr�d to h Pa�ay:� 2, or cAanpe the �rnount of such payments. My a�ccess insuranCe �' -'�•,i�'_. '.�_
<br /> � Droc�ds muer en amaunt c�ired to ps�eA autsttndinp hdebtedness under the Nois and thts Security(nstrument sha0 be paid ?c
<br /> •�„ �..>--
<br /> .E t0 the enL1y Iega,llyl alltiti�d L•"9cBt0. �
<br /> - -� m the euent af to�od�..� ot tAh Secu�ity rnstrument or other tranator o! tHia co the Property that e�hpuisnes the ` j�''•
<br /> hdeb:ednos9.all dDhL t3ta as�1 hWrost of Borrowar h and to fnsuronca po�cioa h torce shII7 pas:to tha purahasw. ,��� w
<br /> ' ,�+�F1'i�:.
<br /> , � 5. Occupancy, Preaervatisn. Maintenanze an� Protectto� of tho Property; Borrower'� Loan .�; Y��•�' .;•�"-=;:
<br /> APPticatlan; Lea30h0idi. earoww�ha�occuPY.�nb�h.�rtd sa�tM Prop�tY aa Borrowara prtnc�al►osWwice w@hin .-iA . .>.''•..�
<br /> h
<br /> Seay days.rter e�w axeeuvon Of en� `•,4�.. ,`r,. ..;, , "`
<br /> Sac�.�Instrumani(or wRhb a5�e�ya of a�tw s�or transfw of tf�a ProAarty)and sha� � ,;r ,,• � .�.�,,�
<br />' contlnu�tfl occupy tho Rmgw4y�s Bartawsra prhs�c!rnstdanco 4s:•r at kist ona yoar nftw No dafo of occupancy. unkss ,y. ,�,.�;�;""��
<br /> ' ;.'��k,,':.rt..
<br /> Land�r daLrmh�s ttwt r�:t wi�csusa un�R�f6'�tor Barow�r.a uni�ss�cmw2i�p aircumsYancas exist whtcA ar� ��� ���::..-. ....
<br /> b�yond Barrowers conbroL �ica»w�r,�hrl!noi3fy LsnCar ee�ry e�4e�nwflnp ciraumstancas.Bertawat sAaD not commR waste or :,- ' '
<br /> QQSbroY. damapa or snbstanttapy chang��fro Proputy ar atow tho R_�e�nyr to doteriorate.roasanabb woar and teor wrceptod. --- ---;,.,,�. �.�
<br /> LAndor rttay tnSpoCt tlw Proporty @ t1�[�'..erty IY vaCant Or abondonod or Iha ban b b Oot�uR.Lsnde►rtuty teko teasonab� �'
<br /> .:� �cUon to rotsc and "���������'�:!, k: —°
<br /> , p f preservs suCh v�cant ot abandoned Property.BOrrawer ShaO afso be fn defau$�BorrOwar,durhp ti�e Wan ;,.•� • ,�- a�° .
<br /> �ppQcafbn Proc�ss. B�ra rtntarfaYY tai�a teaccurato tniomiatton or sfatomaits to Und�r(or fa0od to provlda Lendar wth any ''"} ,��.-_—
<br /> matarW tntortnatfon) h eannactton wih th�ban euWoncod by ttw Note.Incl�dhy,but not�n�d to.nPr�sritaUona conceminp � ,,•:;,;..�,.,.;.:�•�'� '
<br /> Borrowals occupancy of tha Pcop�rty as o pAncrpv residence. If thb Socur�r Instrument b on • btsehoW, Borrowur shan ��'�"` i�.-�-' —
<br />; compy w,Tti the provfsions ot ttu�as� If Bortoww aoquiros fee tRb to the Property. the leasehotd and fae tAla sha0 no!be ' �"=,�';¢x�:,,� :;
<br /> metqad unbss L.endsr ay.'t�to ths merpe�h wrRln�. ::;,�_���=�-____
<br /> . 8. CondemnaCkut. ts:.�proeaa�s ot any awsc�or ct�irn ror ��'''�=° —
<br /> flku dama�. C;r.�x¢ or consequanthl. b connectton w@h any ,� �±-
<br /> condirtnatton or other tski�y�f any part of tM Pmperty,or for conveyancs h pt�ca of conQa�m�tion,�re heroby ass�ned end �'` �"A��"�'::•,�---
<br /> ",�1q',,,...�. � .-
<br /> sMY ba paid to landot 0� tM �n! o}ih� (U1 amount o}tha hdobUdn�ss Mat rortrh9 unpaid und�r M� Nota end thb �. ,;, ,��-i;
<br /> 8rcurty InsWmant I.acsdw shaf�ppy such procMds to tho �ducUon o! Na hd�bt�diwas undr tha Naw anC thla Sccur3y ��:,� �
<br /> MatlumcnL ihst to any �Sir.r�tr.!�rno�nt�ap�Y�d h tt�a ador provided b ParaQrrfpb 3, and thon to P�Yment of pri�cbnL . " �'�'�'�'s:<"`""�"'�_
<br /> My tppOcaUon o!tho�caD�Qa tp t?w princpal sha!vrot a�ennd or postpon�ths dua date ot ths monthy payment�,whicb ers � � �r�"��'-•' �
<br /> rekrted to h Parfipnapri�or chanye!ho emaun!of susfi paymanta.Any excesa proceods ovw on arrtount�squUSd to pay a0 . ,. � .
<br /> outstand(np hd�bla�oss undar tM Nobo and thi�Socanty Instrumant snap W pald to tha ontiry t�alty�ntited theroto. • ; . : .
<br /> 7. Char�es to Borrovrer and Protectlon ot Lender'a Ri�hts ifl the �copsrry. Bortowm sheU pay aU � , -'-
<br /> • govanmontal or munle�pal ch�, 1�nas �nd Imposiuons that ars not hcl,ded tn Parapr�pA 2 8orrowcr ahaa pay thase � � � : :'�_.
<br /> Abugatlons on tima diraetiy to the entityy whfch ts owed the payment If tstLce to pay v�autd advarsay ettact Lendafs interost En �
<br /> t►w ProAortY.upcn Land�s�+at Borrowar sha�prompity fumtsA to LanQer racaipts evidoncinp thesa payments. • � ��_
<br /> It�omwer te�to meke ihosg Dayment9 or ths paymsnta requtred by Perapraph 2,or(a3t�to por(orm cny othsr cmrdnanb k � .. ,, -
<br /> • . ��:
<br /> and agre�.�rnents contatied in tnb SocurRy tnsbvmonL ov there L�e Ispal procoedinp thnt moy slpnUleanIIy afteCt Lendsrs ri�hts in . • � •
<br /> tha Propnrty(such ms a prac�ad'np in banlwptcy.for condertxiation or to aniorca Iaws ar rapuWttons),than Lender may do and � ' �
<br /> � PaY��►b neeess�rY to protect th�va1►o o!tM Proporty and Lendera riphts b tho PropKty. IncUd'np paymont of taxe3, • [.y'
<br /> j
<br /> hersrd insurance artd other�ems menUorted h Peragraph 2 �==_
<br /> �
<br /> t Fsa�a►M1TO te�e) veo�z m a � �w
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