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<br /> � rtp„re{s gsaow eseount under the tedora�Rea� Est�te��ment Pmcedures Ast ot 1974 as emended irom ttme to time. t2 U.S.C. . ; ,____
<br /> Ba ` • . ;�
<br /> ZSOt et scq-l`�Pa•),unless anoiher�w that apD t�s ta t h e F u n d s s e t s a�t s s e r e m a u n 4 if so,L.endat msy.at enY time� coitect and ' . . ' . T-
<br /> . r ' ' ' :
<br /> hoM Funds tn an emount not to exeead the bsser emount Londer may est�.te the amount ot Nn ����w e bas�s of current data , �..
<br /> i anC�easanaDfe esttmates ot mgsand3uws ot tuture Escrcw ttems or oit�erwiss in accordance�vth aAP . ;'��a_-
<br /> 'R�A Futids Sh8(1 be hetd in an InsU'4ition whose deDOSRS are insur¢d by e t2de� �S3ncy. �Strumente�I�I'. ar entity ('c�cluding , , _
<br /> ��. ��i�� �p p,n �onl or in eny Fe6ora�Hom.e Lotin Bank. Lender sha(1 Bpp�Y the�unds 4o pay the Escrow Items. � ,: < =
<br /> ° �n ttie FunQs.ennuelly anatyzbn9 ths escrow ae�ouni, ae vasayiu3 Uss Escro+r+ _
<br /> __;�---�:- — .—
<br /> Len6er may not charQe BorcorYer for hotding and appN� 8 • > -
<br /> Items.untass L�reder paYS Borrower Intarest on the Funds and app�cabte taw Pe�+�s��ta make sueh a ehsrge. However,Lsndsr �.•�
<br />� � maY�+ire Borrowet to pay a onattma chergs for an independent�t���a��p��"��qubes tntarest t be p di,ol.ender , .. .
<br /> thts�an. unlsss eAP�abte{aw provides otherwise. Un.tess ar►aQree �,,,�;�9,howevar.that , � ..
<br />= shaD nat be�equdred to P8Y 8arrow�any tntsrest or eammys on tha Funds.Bormwar end ILendar►naY a9ree � . .;
<br /> ' ��
<br /> vitscest sAall be patd on the Funds. Lender shal! giva to Borrowe4 w�hout Char{{9, eti ennuet aCCOUntEng of the Funds. showing �_ __.__; _ _ ,-�.
<br />� " �xad8s ans d9bfts to the Funds end the purpose tor wh�h each debft to the Funds was made. The Funds are Dled9ed as additionai
<br /> � secur$Y tor aJ sums s2cursd by this Securdy insWment � � � � -
<br /> M tRe Funds hetd by Lertder excead tha emounts perm8ted ta be hetd by appLicabia law.Lender sha3t sccount to Bonovrer for the
<br /> e�ess Funds fn e�curdsn�e w3h the requaements of appl'�cab� faN• If the amount o!the Funds hetd by Lender at any tane is not . _
<br /> , t' SufiiGient to psY the ESCrovi ftetns when ti�t9.Lertd 8orrowersha make�e dof�i�r►c(n osmore tt��et►relve monthy paymantstlat • '- ---
<br /> :: � the amoun!ne�to meke up the defciency. '
<br /> :'��;�—•,"_
<br /> Lenders sole d�'ae�• reiund to Borrower any Funds held by - ��;;r~.
<br /> Upan paYmsnt(n fuU o!�9 sums secure�J by thts Securit7l Instrument�Lender shalt PromDBY ,,,,:,�..'���__`_�-
<br /> ' � Lender. If. undmr pesaSraPn 21,LenQer sfiab ac4uUe ar seil the PropertY.Lends�.P�or������n or saie of the Property,shall + ..: �.-,..,.:
<br /> . eAPtY�Y wnds hetd by Len�r at the ti�r�a of ac4uisition or saTe es a cred3 epains!the sums secured isy thLS SecuritY Inswment -..�,o __-
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<br /> 3. Appltcat[an of Paymenta. Unless eDPlkable law provlds5�.:.erwtse.elf P&Yments recei2d by Lender under para6raPi�S �;=:_
<br /> h ' be 6ed•first,to airy Prepayment chargea dua under���ti�fe; second,to amounts p'���d under paragraPh 2;third ,,.�,s?�� , _
<br /> . t and 2 s e,l aPP • �, �+ ---�-
<br /> t0 fit018St dUB:lGURh.t0 Df61C(pe1 d118�flnd 13st,to eny late charges dua u^�N th9{VOte. � „�•r�� :r`����-._
<br /> 4. CihBPQfA'i LL@Its. Botrower steaU PaY ail �. �sessrt:an'�. cr.a.-05s, friss und YnDos'.�rs aw.�"i'`.�ra':� the ProRertyr ;' ;' . . ..�..._.�~_=
<br /> _ ._ � over this Secur�lY insuument���W �aseho�i pa�.-r,ents or g�e:md rents. I� anu. Ba-�vra�snall pay these -
<br /> • • whtcb rtwy ettafn D n'tY ,�••"� � �
<br /> ' ObGpations fn ttie manner provtded in paza4raDh 2,or if not paid in that�.�nier.Borrower sh8tl PaY tt+am on 2�$y�Bo ower makes --�..���--�-
<br /> owod paYment Borre'ver shau promptN fumish to Lender ell notk;es of amounts to be paid under e*�"rs��-�-�•• - ? ;_�-•.----..
<br /> ttiess pnyments dlrectN,8oncwer shall promptty fumish to Lender recetPts evldenctn0 the paYments. . ,�-»�` "'�` ::T-. �:-
<br /> Bortower shaU DmmDUY GtscharQe a►sY Nen which has prio►itY over thls SecuritY Inswment untess B�.Yer-�ei E3reas in writmg to _�.• .i ,. "s '�,_
<br /> -• �:4 •
<br /> (b)contests in ga.d 4a�"'��=�3•j$n by,or detends ._ ; , o�
<br /> � ths payment of the obQpatbn secured by the 6en� a menner accepteble to Lendar: ... ` ,,I �
<br /> •�,•. apntrist enforCement of the Gen b. te�al Procesdings wh�h In Me Lendefs opinbn operata ta Prevert G^.�e:fr:�^�omenL'�ti,Lender • ,*�stF.;�•f.• �.�
<br /> t catisiactory to Lender eubardinat�p the Uea ta t�.��u�Y '�':,'• _
<br /> p .. }�e�4�.f,•l;�
<br /> `, socuras trom tho hotQer of tl�e Oen an ngeremen instrumen� Lender may gNe v*�-� ci,, e:�•,::c;. .;�
<br /> •��` Qetermtnes that any Darl of the Proyert1l ts subject ta a Ilen whl�A may ettatn P�tariry over this Secxrrrityy r" x, �'��+i;:' -
<br /> Secx
<br /> �s
<br /> �5��. '
<br /> , 13orrower a noUce tdentlNinp Na�en• Borrovrer shall satisiy the tien or take ona or more of t�e actbns set tanh ah�ve wnhln 10 days � �� �kpd 4
<br /> rf'; � i ru�R � _.� �'C '
<br /> :,:,,y;i ot tfie qfifig o!notfee. r,,• .�•�1}cr):�,f,' `� . , :.
<br /> I'�`�� 8. H�zerd or Property Insurance. Oortowar shatl keep the tmDrovamonts now e�sfzt� or hereafter erected on the •-vy+���I�fF,F;;) •,��;
<br /> ��'li...µ. ��1��.
<br /> Z•h�"` h �t tosa by tfre�haTards included wfthin the term 'extended coveisQe'and ers' c��r hatsrds.tnciud'mg ftoods or , 1 -:�
<br /> property aurb aqeln..
<br /> EQOd1n�. for which Lender re4uires f nsurance. Th t s �surence shall t�e mahtatned in u►e emounts aad tor tAe pertods that Lender . r .',,_
<br /> r a n c e c a�r i e r Provid�p the fnsurenco shaU be ohosen by Borrower cubject to Lenders ePDroval v,hia�o V��a eto - `'�.��_
<br /> ' c3GUYYA Th8([!5U
<br /> unrwsonaby w�hefd. If 8ortower fau.s to matntatn coveraQa described ebove.Lender may.at Lenders opUon. obta ��.�
<br /> . ,'�.•�,•,t�"�.�
<br /> � prot�ct tand�fs riphts h Mo Praperty In accordance vrRh paraSraDl�7. .;R:_�=`: : ;`,
<br /> AS hsurenca podatas and renewus sha0 be acceptnbie w Lender ea�ahall incWde a a�dar4t�r�9 receiPts of paid pm.�r+'r,uc�s <<•�✓�a,L?r�::_�_:-..
<br /> t1w r(pht to hotd th�poQctes�nd �nswab. tf Lender reQutres�8orte.�ra;shatl promPt�l Q "�`,�i.+, r,m;
<br /> . . end an�wtl noticas. tn ttw�uent of toss.Borrower shaD sive pm❑ws:wxa to Yt�e ir,�:,:�x+�r and Lendc�s. v�.ider may :�ce • ��.:..,..r.
<br /> . �:� ,...._
<br /> proot of bas Y not maQ�OromPUY Dy 8crrower. 'Y`
<br /> UnSese Lender and Bortowar ottw�wlse apree in writing. insurance:�ceeds shaU be ayr'�2 a cr��ratlon or repabr of the Fr�CeRY ��-r,
<br /> �..:.-;,.:,��
<br /> d��up,�d,N th�rostoratlon or repair is oconombalty teasbta end Lenders socur�ly ts not bsse�:ed- `n U►a restoration or repap �s no! _ .���_=-
<br /> �conomi�aiy iNSbw or �+snders s�cur�Y wou� be lessened,1he hsurence proceede sha0 po��to the sums secured by tn15 �� �� _ �
<br /> � SecurRy lnaUUmenb �e��or not then due. with eny excess P�d to BoROwer. If eorrower abendona the ProDertS►. or doas not �. ,,�r_ _____
<br /> ansyrw vekhin 3p days a notiCO Nom Lender Nat the e�surance corrier has o4fsred to saor�to G�;�u� S�� by th so Securiry .���'°
<br /> Insuranca Orocoeda �e"der may usa the proCeeds to rep�1► or restore the Property ,�_ -:.
<br /> ����.•.,..� •'",
<br /> � Insbumant�whather or not then due. TFrre�}Qay Oerbd wf�begin when the notke Is qlvan. �T�.—.:
<br /> ..,y;,
<br /> Unfos9 Land�an�BortoWe�otherv�;3e a�res In wrkh0� e"Y aAP►IrAUon of proceods to princf�l' shall not wcteed or postpone the , ,�
<br /> mants ref�t� In Fru�,"'$Phs t end 2 or chnnge the amou�of the p�ymente. If under paragraph 21 -...�::i: , .
<br /> dua Qtte of t1N monNN po9 rtor _
<br /> �. tM ProPMtY Is ac�lred bY�t������euteni�ot�the sumsosecurad b�th�usrfhl nSWmen��medla eNPP�oe opthe ���1 ', ""='-
<br /> - � to th� acqui�8ion eha9 paze •�
<br /> �,�.''�,'.,:.
<br /> acquistUon. , �i�c`;�::'.
<br /> 8. Qceupancy, Pr�senraUi�n, Mal�tenance and Protectton �� tit� E�operty; Borrower'e �.er�n �- ��r` �;f,;�. . �:
<br /> � � ApPltca2lon; LE�S.•.lts!ds. Barrower shal occupy,estab�sh.end use the PraAe�'f �s eo'rawe�s prin°ael residence wkhin saty
<br /> �'�"�w". �"�.,..'�.
<br /> _,,�:�xv�•�� . . _,.,.
<br /> ' �yg�fter ths eorecuUon c6�11s SeouritY�nsWment end sha0 conthue to occupy thre►'•'a,:aftY a�► Banowa�a principal re5idence tor at Y :ry�•� • �.,�
<br /> � ieast ona Ye� � �fl date of occupancy. untess lender othervvise aprees in wrlin0+ vA'�h consent sAatl nol be unreasonaby " : ., . . 1;�
<br /> �� .._.��..: .. __.�i'• .
<br />::ti�`•;;' � wRAhNd.or nnic�3a e�dmnuating ctrcum�.�ces exist which are beyond Bortowers controL Bortc��`�haU not destroy,dama9e or impalr ��� '�
<br /> the ProDutfr.�iow the Property to defaftorate,or comm�waste on the Propsrty. Barrower 3ha0 bo in defnuA B eny toAeiture actton or •,. V��,r, , -
<br /> � '� p�c�easdtnp�wAattier civD or erimha6 Is bepun that in Lender's QAOd taith JudBment coutd r4suft b foReRure of the Property or otherwise
<br /> �gy i��tir the 6gn croeted by this Security► Inshument or Landers securnY h�� Bartower rt�y cure such a default and _
<br /> • rey���,�s Orovfded In paragraph t8.by causing N0 acUon or proceedhg to ba dBmfssed wRh a ruihp that. h l.ender's good fafth .
<br /> • determinqNon. precudes torteRure ot the Bflrtowe�'s hterast h Ure PropeRy or other meterlal impatrmen! o}the tlen created by this . � .;
<br /> � Saeunly InsUument or Lende�s seeurdy interest Bonower shaU aiso ba in defauM N Bortower, durhp tAe ban appikation process. f�
<br /> ' Qgyg �� taf39 or tnaCCUrate htormaUon or stataments to lender(or fatted to prov�de Ler�der wRA any matorial intormation) in
<br /> r�—•
<br /> eonneetlan wkh the ban evideneed by the Note, Incad�g, but not limRed to, representatlons conCemhp Bortowefs occupanaY o1 tre , �
<br /> • • ��� � p���py ��eo, �f this Securrty Instrument Is on a IeaseAO�d, Bo►ravrer shall compty v+fth nU the provisions o1 the � . •
<br /> I�e, If Bortowo�acquUes fee tRb to the PropeAy, the (easehotd antl lhe fae titte shall not motge unfess 4he Lender agrees to the . �-..
<br /> Form 30�8 Bl70 � . �
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<br /> FtC'lO.L6S0 f2/861 {���.
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