, _ . . • _ � . . . f . . �.. . .. .. . . .. ;.
<br /> _'l- . •'` .._ " _ ., ___ ' ♦. . � . . . . ' • .. . � . , � ' . ' i . - . . . .�.r1 �'; , , i,`.� . •' _
<br /> � 9�"����o�. ,2�5.�. � . - � ,. `�
<br /> �orrowets BSCrow ese0unt unBet the feSerel Real ESffite����t Protedu[es ACt ot 1974 es ,
<br /> 26Qt et s6q.(���'�►").un�ss 2n0UtCt L2w thet E�6"�'s to the Funds aets a bsser emoun� !t eo.Lettd9i may.et tinY t6�te.eolbCt and . (�� ,, _
<br /> hatd Funds h en amcunt not ta Eac�d tP�o t3sser amaur�t Lt�^d��Y e�t�the amount ot funds dua on th3 Dasb of current data :, i
<br /> � E3 f
<br /> and reasonab�estirts�tos of s�en�7Gus.s ot fu�ro Escrow Itemst ot otherwtsa in necardancs with eAA�te taw. F �. . ` Y-
<br /> (n,lrumantnidy. or �nt�y (hcUd'ng
<br /> �e Funds sh� be heid In en hstRuUon a+hose �pos8s are hsurad by a faCsrat s�eY. '' � ,
<br /> 'i Lendsr. t4 Lend�r is sueh an Inst�tion) or In anY Fe6er�i Home Loan Bank. tartd�r shall s�Dty the Funds to pay the Escrow Items. f .` ` _
<br /> f th�escYOw nseoun� or vaRtytnp the Etscmw
<br /> Lender rt�sy not cAar�e 8orroarar for holdtr�p and epp�Y�9�e �ds.annuaUy anaty�n0 � . _
<br /> Items,un49ss�ender paps 8ortower hYerast on ttee Wnds and epP�b�w�����mak5 suth a chargs. However.tsnde� ,
<br /> may requir�Borto�wQr ts psy a on�ttme charge[ar an independent nn1 estate tyc reParthO Servico used by Lender In coru�ectbn w�A .
<br /> ,, � t ts made or eAABCable taw�siros hterest to be pPJd.LenQer . .
<br /> ' this Wan,unless eDP{ieable Imw provi�as oUn�o. UnBess an eyreer�n !n vm�inp.Aoweuer.that ..
<br /> e
<br /> — , sha9 nat!�a re�u�ed to PgY Bartower cny inte�est or s�mt�p.s on tha Wnds.BorroWr and Lendor may a�a _ __ '.
<br /> interes! shau Le paid on the FundS. Lender shail ylva to Borrower, wc'tt�out charye, an ennusl axountinp ot tt+e F�ut�. sho+��9 : ,
<br /> c�ed3s end 8eb(is to the Funds and the Durpose (or rihieh each debR to the FunQs was made• Tha w�6s e�e������dd?Uana1 , ,
<br /> SecurEt�►tor ai!sums saa�red by thts SeauriiY Nstrumen� Qqple I�w.Lender sha8 acc0unt t0 Bartower tot tt�e .. ;
<br /> 14 the Funds ha'.d by Len�t e�eed tha emounts pe�miied to be h5id DY 8AP l � -
<br /> exeegs Funds in accordanee w3t� v►e raqu��ot appBeabis�w. If ths emaunt of the Fuads heid by Ler►de►at ar►y time ts no! � , ;. .... _
<br /> sufftctent m pay the Escrow Items whsn Bue,��or�rower hai m�ke ua tAs defictencY in o mrne�Bt�ra�+ra man�N RaY��%•� � • • - --�
<br /> t h e a u�o�t n t n e c e s s e t q t o m a k e�e p t h e d e fi t�n c Y _ --_—
<br /> Lc+rtd�s:og discre3lon. retund to Borrower anY Fund�P�efd by . � �� 4 --
<br /> � �. S!�DaY+�=h fuB of aC sams s�cured by thfs Securaf► Inswment,L.en68r sha0 promptry . , � ' .':
<br /> r�y ;
<br /> .�� tand�: 9�under Parapraph 21.Lsrtd�r sh�D acqute or aeB the ProD�Y.Lender. Prbr to the ac4�is�ion or sale ot the Frc�sesty.sha8 ' .d�.'^'-
<br /> SDGh any Funds hsid by Lsnder at Me�me ot acquis�ton or sab as s ctcd3 e8ahst tt►o suma set,vred by Nis Secvr3Y(nsfiimen� ��,=My-=�__.,.
<br /> ine :.�.r.�-�-:._
<br /> 3. Applqca4Ion of Payme�etss. Uniass eOA�fe Oaw R�s othe�w�e.aY DaYm�►t�recelued bY I.ert�ier un�r Ra+"aQ+ePhs ` .,:-�,,;__-
<br /> eL�e uctdr�r the Note:second.to emeunts WYabl�under VaraQscVh$thYd . -,, �+�r-
<br />. ' 1 and 2 shall be sDD�:first.to a�(�'oPBY�t charqes •-''�-:
<br /> .i� ;,�..:�..—
<br /> m nte�est�s;fourth,to pnc�tpa�arr��nd k�st. to any late char�s due under the IVota
<br /> tin�s and imAosftions attnbutabia to the Froperty ` '�..�'`':�
<br /> . 4. Ch�ges; �.fetts. eortawc�snaD Rav as �s. assessments• char�. .
<br /> .� �- wBkh may attat► prir�f� over thls SecuritY InstrumenL u►d teaaehold p�yrt�:ts ar pround rants. � any. Eomower ahall pay t4�ece r
<br /> aer rovided in par�+graph P.or ff not pald in 2hai rt�enner,f�rower shaU DaY tAem on�rt-��ect�7r W thn Reraan :����„_..
<br /> upYyations In the man P tf Barrecxc,�c�akes .
<br /> �', ow�d FsY�t Borrowar shao G�omD1N fumBh tn Lender eD noti�cs of artiounts to be 0�under th(s�a4rsCd* •.s
<br /> these G�Y��d�'!•Bortawer shafl DromPbY tumtsA ta LenQ�r�eefpts evldanchp the payrtna�ts• ,
<br /> �. Bortowst sha9�-yr,�='aUly d�chnrye any Wn wh(cA has D*torRY over this S�curitY Instrument unioss Bortower:C3!nC��'�-'�tO _ . ... ':� .- <:.:
<br /> . ,�'3 the Psqme�4 of t�e�tfon secute0 bY Mo Qen h a manner accapmble to Lender,N)contosts h qood faRh`�'e tien by.or detw�ds r
<br /> ,•� apntnst entorcement d 23e 6en tn.I�gal Pro�i��9��hich b the landers cPhian oDerata to P�t the anto�t ot tha�Sn.ar(c) . � '.f�.�,?��
<br /> tnst(u►nenL M 6.andet `����.•� . ,.:/•�7'.1��, .
<br /> secures hom the haider o!the 4�en u�a�e�r�art�ory Da fuz�fler subcr�'sathy the Qen to fhia SecurBY ; ^;;•�:� >+,,� .:;�;.��;�..F
<br /> ..-�.•a#; '_' �%' �,r. ;.`':_
<br /> =.t detem►hes 4hat eny Gart ot the��lr is su3ai&et to a Aen wth�n:ney aitah RriorQY over Lh.w SacurRf►(nsbvment, Lender�ne��:s7�e .� �.•
<br /> .�'f' � '.�
<br /> Barower a�otice tder.�ying�e t�. Baaawar sr.n3 satis�y tria�^+ar ta:cs eas mr more ot�sra�ttons set tor¢h above w82:c-�II�l�s r �,ar. ". ,�}� .
<br /> � 01 tne qh�np of noUca '�.„v;:• • , ,,.,:,,rj "<
<br /> te now existlnp or here�ftw �nct�d an ths ' :,.���';.;
<br /> � 5. Mezard or Praperty tansurance. eorrower shar ksev me rnv.-aveR�n •� -
<br /> � � and any ather haarda. tnc�dhp rtoods or , .r.i � -
<br /> . P(p�lfty hSUBd YQi1(1'.it b9R by fiPe�hiZ8fd9 UfC1lQsd WRhil t11s tlfrti"A1dMided COV!(i� �Ki��,�.
<br /> ftoodin�,for which Lendar roqutis Insurana. This inauru� ahaY ba mafntatned tn the emounts and(or th�pertods that Lrndw �:. �; ^"',.
<br /> to Lender's apRroval wfitch s�.�Y not ba • � ,�`
<br /> tequir6s. TM ht�rtnCa Catifer Dravidinp tM ktsut�tra shtY b�Chosan by Bo+rowYl subpCt .,
<br /> � ' unreasonlbH wRhheld. I!8orrow�r taBs to maint�ln cav�ra9s dstcnb�d �bow.Landar maY.at L.enders oDtlon. obtain cov�t�to •���'��
<br /> ��.
<br /> prptaat l�nders Aphts tn the Propetty h icCOt�nC�wNh Patap�ph 7. ��=�-. .
<br /> A/hsuranC�poBct�and�nawols shd be sCCePLbb to LsndYr and shtf hCltd�a sUnQud moR0�0o Civusa. UndR tttd hM �� s��irr'-�'�!'• -
<br /> th�8pti1 to hoid tt+o poQekn and ren�sts. If Lmdor requins.Sorrower sAaD PromDU/Qluo to I.�nder W rsce(pts o!paid pc�cTMlums .. --,,.,—�
<br /> �
<br />.. .....� Nd n�+v�t nottc�. tn t�e era�t o/bss.Borroww sha0�No promPt nottce to the bsuranee arri�r and lsnder. Le^der�'S'�° ry�._...�' . -
<br /> p ro o f o t b s s Y r,ot made C��'�DVY bY Borra+vK- .�c3'.;::
<br /> " Untes�Lander and Borrovrat othwwise apri�a h wrAino.hsurance D►oceed3 g c s3 9 b��p 0 o d t o n s t o r a t i a r���p a i r o i t h�P r o p a r t Y ��Y;�:.v,.
<br /> ,' '� -^:--r�' ---„ -
<br /> . �ruped, 8 the restoration or repat ta economtca6y feasbte and Lendefs sec.�:=Y is not kssened• H 11re restoratbn or�epaU
<br /> �,:+���'�::�. `.
<br /> economkelty teas�te or I.enders secur�y woutd be Isssensd.��� hsurance Procoeds shaU be ePD�ed to the sums sa�caC by th1s 4 -�3'''-
<br /> �rgy Nstrumen�whatt�w or not thm du�. wRJ� any ��IA�to Bortowar. H Bortower ebandona the Prapaty. �df� not .:.�;,t..�:�F�;,=�:
<br /> anawa w&�h 30 Czy� a noUcs from I.�ndr that tM tnsura.ca carrier has o4lerod to settle s ct�lm, than �nEer may eoiect th� , .. - u-v,��i 3
<br /> insuranca P��� Lander may use the prae�de to � or rettora rte PropKty or ta pay suRS �cur�d by thi� fi:cur�1► ��.. ....... ��_,-
<br /> _ . .< . h'N._
<br /> . Instru�n�whatt►er or not thon�:s. Th�30�day P�rto�wfY 0q,i.�when tM r.:r�is ph�en. . `.,�`�:';�-s',.�„-
<br /> ta wfRinQ.a:<y aDp�n o!procwds ea rA�t�:P�sAaD noi e�ctend or�a�1Dnn�th� t.�;;;,;,�a•^�;_.,:....
<br /> °; Unl�ta Londr�nd Borra+��+":arwic�a� �%{�`�''r-�-
<br /> dw dat�a!fha monthy payrnen�n(Rr�d to in par�raPho 1 and 2 ar chon�e fM imo��t th�paymw►ta N undR p�t�faDh 21 ;'.y;d. „�.7,,,:-.
<br /> th�DroO�Y���tb by Landar.Borrowrfa ri�'=to�nY Inauranco PoGciPS and proceeds�asuRir►n irom danaya to tM PrcPN1Y Prio� -,!•.,.,�:..�.�P,j
<br /> t0 the tc4�(slNon ehaH Peas to L�nd�r to tM �Cent of the aums �cursd by ffiIs S�curlty tnatrumer.2 Ytenedf�tM► D� � � �-,'•- ._s--��,�-... '
<br /> eCWiekbn. , °.;,.r�,. .,.:�:..: '
<br /> Msintenance snd Protectlon of 4ta� Pro arty; Borrowsr'a Lroan "•;�,+�`�->��• _ ��
<br /> 6. Occupancy. Preservatton� p .��;'`:;,., .. -.
<br /> ,.,
<br /> �' A��91CtU0if; L��Eh01d�. 8orrowat shaU occuPY. esta'�11gT�.end usa tha Propefty as Bartow�fe D��PaI�sslQr�Ce w7�".b 8ba71 ..;:•t:r�^,.:, �.
<br /> � EQys afta the eocecutbn of thte S�eurdy tnsuumen2 end Sh�e�nthue to oeeu8„h��0�h cor.sac:t{hatl�not�be ur.:a��sortay`.y . • .;''„.
<br /> Ie�! ons year a?cer th� dat� of occupincy. ur.0�a LOndet att�erwise �ess . .,,;...;
<br /> w�Jfrlr�td.or un�.•s exbenuadnp ctcumafancos axlst whbh ere tieYond Barow6�'s control Borrower sGa��ot mestroy.darr�De or�� : • •;.r,,.._
<br /> � Borroxrar sr.a9 be in 6�la�rR u ony totJ�ituro actlon ot I..'i-.. ,�: . . ,' -
<br /> the Frope�ty.albw the Propwhr 4o deterforate. or cammR was�on the PropertY. � ,,. , • .
<br /> � prpCp6Qhg�whOttlOt CNtI Ot CdrtthYl.!8 beQtln th6t it L�pdsrs yo0d t+�il judyrtlenf COUb reL�U in fC�feitu�ef ths Ptoperty of othRwW �,i:s;,;;:'':"'• �
<br /> <<.,r�..
<br /> � ,nateAaly imyat �s Ren creatod by this Secu�ty Inatrument or Land�s a�curAy tntxes� Borrower m.ay Cure such a defauk end r•,;i.�,�;:• •. : .
<br /> :.r. •
<br /> •±a
<br /> ' reinsUte, as Or�d h p��Ah 18.by�aa� the�otiOn or pracMdinp to be d�missed wRh a ruNng that,h Lendefe pood taNh , .• ,
<br /> Cec�rmhatbn. Or�cbdes foAeRuro of the Borrowers htsrast h thA prop�Ay ar othw material impa�t of the tien cro�tsd by this ;;;:;i. ' . . ,
<br /> �hy InsUument or Lende�s seeurdy hteresL Borrowcx shail also be In de f au ft N Barrow e r, durin p tho ban aAAlicatbn Process, ,;r.�.��� ,. r
<br /> !•'•• ,:� .
<br />. �;� rnat�tatip fafse or inaccurate hfom�ation or statemer►ts to Landsr (or faitotl to prov(de I.ender wkh enY �at� h�ormatbn) tn ,
<br /> •,;� .onnectlon with the loan evidenced by the t�tote,IncWdlrtg, but not Bmfted to, representatbns conceminp Borrowe�s occupanay of tta
<br /> Propsriy as a principal residence. It this SecuAiy Instrusrt�nt Is on a kasehoid,Borrower shaU compy wRh aH ths provbions ot t�� ' r
<br /> � � Ieese. if Borrower acqutes tse title to tho Prop�4y,tPte [easehold and lho toe titb bhall not marge unf�ss the lertd9r agrees to 4ho
<br /> Form�02E 8/80 �
<br /> � � merger b writtig. � �
<br /> --� —.�=� P:go z o!s ` ---�_--- � . �f.._
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