" ' _ ., ��. . ' . - '! . .. , _ ' � . . f . .. . . .. . . .. ._.,�,...Z. , , (`• .. ' ' " _
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<br /> � ��� ����� < . ,` ��'=
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<br /> - 3 G,,...i�m��.st_ny t�+q, eoBect and ho{d amounts tor Escrow Items �n en e99repate amount not to exeaed tne mexMum ; ..- --,��--J � _ --
<br /> � —
<br /> am0unt lhat rtwy bo�ufrod tor Borrovr�s esc�w aee0un!uaQer!h9 Re81 EStite Setttamant t'rocetfures Act o� iffJ4, S2 U�.C. �,---,-- ------,----=- -
<br /> �'cb01 ¢s$$$�Snd ImW�nt6+9�a�uStfiOns.24 CFA PBTt 9a00�a8 th6y rttay be erttsnded frOm Ume t0 t6n9!'AE.4pA�1�ex�sPt i • ' •. ` ,_;,� _
<br /> thSt tho CuIIhlon ot r�sEwe G�mkted DY RE�A tor unantielpatQd dlsDurBiunents or disbursements bofor0 the Borrowere , r ' ,..
<br /> paymenq ere aus[kbie in tho aeeound msy not Do basy d on amount,�dus tor th0 martya9e insurenee R�nium. • _ ' ; <•"�
<br /> If the amaunts hatd dy Lendas tor E�csow I�ns mcoeod tno amo�nt8 O�mltted to be�etd by Rc'SP0.ie.�dCt shaU CccauM ,
<br /> to Bcrtowat for the sxcess fUnds as requl�asf hY �0.It the amaunts ot tunds heA by Lendar at any t�nw are not sufflc�t W
<br /> f
<br /> pay the Escrow Itertis when due.Lendar may natBy tha Barroww and ra4utra Banower W malce up tho ahorta�as DsrtnBfod by . : -_.
<br />` �A' Instrument If BOrrower tend�s � . ° � .
<br /> Tha Escrow Wnds ero ptedQed es elSdBional aocuurTY for aU rums sseured by NLs Secur�tY , .
<br /> c
<br /> tc Lertder the fufl payrtwnt ot aD sueh sums. Bnrrow�s account sha�be cred3ed w3h thB ba��e�hg�r ail insffi:iment �
<br /> tt�ts (a�. (DI, end (c) and eu►Y mortpriQe hsuranca Dcemlusn insta:ment that Lcr►d� has noi becwrta ab�txd tA R3Y to thg i. _._. _ _ ._. _
<br /> ...� Seccsqa�y,and Lendor shidl P�mP�Y retund any es�ess tunds to Borrouar.Immedlatey Prior to a foroClosure sa[�o}Me Pro�ty ,. ' II.•=
<br /> or xs acquisdion by L�nQer.�ortows�s tCCOUnt sheA 69 e�ed�ed wi4ff 8ny bslBnCe rem8'atiny far t�7 nst8(tnenfs tot R9mo(e).(D�, h . . ?�,
<br /> and(c} f . • , �-
<br /> � 3.App1ICa1�0if O}Ps�Tfi@D18.AB DaY+nents undar ParnpteAhs 1 end 2 shati be aPP�by Lender es follotvs: t . ; • . .
<br /> FUit,to tAe moc4page tnsu�P��"to be Deid bY Lender to the SeaetarY or to the montfib charye by ttie Sec�t�Y .. . ,°-'y,�:�,�;;.�e
<br /> instaad of tha manthry mortaaQo insuranca p�nlim; und rents� and flre. ftood and othsr hamrd .. � �� _,_°�
<br /> $l3t�Ilt�� t0 eny t�tBS. SD�hI ess6ssm�►ts. h_8sehoid psyments Ot g�o "' � .
<br /> `
<br /> tnsurance premiums.es re4utred; . . ����-
<br /> Thi�d�to intarast due under the Note: . � ��
<br /> FOUrth,to amortiaUon of the pfictpal of the Note:end �.+��=
<br /> . Fffth�to iete char�s�e undsr t�a Nata k°'�k`�� :�
<br /> .�:=�''--��
<br /> 4. Ftre. Flood an� Olher H�rd lnsu�ance. Bortower sh&ti tuuie aD trrt�'aven'ients on the PrapeRY, wnesner <: �. . ....-
<br /> now h �ce or subse�uentN e�acted. �st enY huards.easualtJos. and ccntinpe+'�, i�c(�dtny Hre. for which Lender ._..:1. ;:;r: ��""��_�
<br /> , -r,--s--�-
<br /> requtas (nsuret�ce.Thts fnsw�ance sAaG be mahtahsd (n tha amounta end tor the perbQs tha2 1�:��9�+� fiooda to tlia � _.-. ;�-_},'��_.._
<br /> ' atso inaun au tmpravaments a.T'!�e ProPenY�whether now in existence or subsequentH erectad.e�s�
<br /> extent�squtrad by th�S�`r•.tiY-:a0 Insurance sP�aO ba carriad wfti+companSes aPDroved by Ls�r►der.The insusance po0otes and ,�_ .�_;�•"
<br /> S e s it favOt of,s�rrt(n a tORn accePtebi9 to.1.6n�er. ' '•t":. ,'a�'`�` �,:
<br /> any rer►ewa�shaU be held by r�nder and sha9 hciude toss payeble ciw . : � : �( .
<br /> - In the eYent of loss. Bartower sha6 9Ne Lender knn�ediate nottce by ma�. LenQer�aY make proof o! bss i not mada ..- - .:.`.•pF... :__-
<br /> '.`"� Drompty by Borrower. Eaoh fnsuran�eomDaoY concemed is h�ebY authotfxed and d�d co make paymE�t tor suCh 6oss , �� .
<br />' . .� direoty tp I�nder� tnstead of to Bortower and w t.ender Ieintty. AO or enY Part of tho irs.:ranee Procesds ms� he aPPBed bY µ_ . �' F:=�:,.. �7
<br /> � I.ender. at Hs optton,eRher (�io the reductfon ot the Indebtsdisess under the Note¢.�:.'�:s SecurtTY Fr.strument, fMst to anY 't' ,
<br /> �-y t ot pnc�l�r�i.'a ib)to Na wsMratlon or cepair ot ...��:�'� � :� • ��
<br /> .! QBBnquent am0unt5 apP�ed L-r+"so otde►(n Perastaph 3.end then to prepaYmen II;�e th9 due datB O} the ...' s,'�t���.;`�..•i..:`.-
<br /> f the dart�ed Propc�rty. fu►Y r�sfslf�•an of th0 pmceeds to the pnc�pal shall not e�a� �r postp ' '�'a ;i1;,,�„�,•f,, .
<br /> . ., f4
<br /> monthb DaY�� whiah are �4¢m2d t� �� 7flra�Cph 2. or cAeng9 the emount of su�.� PaYmen�- Aay e�ess Insuranos r ...��,,,�: :�� �
<br /> ! proceeds av+�►an amount requtrsd to�r•d3 o-.rtstandhp hdebtedness under tha Note end this SecurRy b�uur�ni sh�il be pala ' ,: : 'e,l�;';�.
<br /> t0 the erttYy Iay�11Y entitted tlte[�O. �f is,.-;��'.r a�� �:
<br /> _ `,: �7�:,:—
<br /> In i4w erent of fomcksua of thls SecurRY tnsuument or othu frar+ster of t@fe : the Properhr that e�n0ols-hes the .� •. `
<br /> hQabtodnoss.a0 A�L t�ta aad inteiest of Bortowar In Anc1 to insurartw poYCTos in torce s3a0 Dess to th�purcbasw. ',: t�: ��; �
<br /> ..:r�:`'�' • .'f. '
<br /> b. Oeeac�ancy, Presarvatton, Matntenanee and Prote�tion o! the Property; BoROV,�er's Loa� ,;;�
<br /> APPltcatton; LEd3Eh0ld8.BorrowR ahal oceuPY.escaecsn. and use 4he ProPertY es Borrowera P�b�r�sidanr�vrRhin ',�: ., ,- .
<br /> ' sbRy deY$atter the�xecution ot thta SaaursY Instru:raat(cr wfthin sbcty daYs of a later sale or Uanster ot th�PropeRy)attd sha0 �� .Q,....;__'�"�'�.�
<br /> , •'5�.� '�z_'��-�_�
<br /> ! ecnthua to occupY the PraDeRY as Boaowefs prir•cya� resldance br at feast one .,;a�atter ths date of occupan�y uniass *.� , ` ,_�
<br /> ' Wnder detsrmines that raquYanent wi causo undw hardadb far BoROwor.or unless�uatinp c(rcums�ncos sxis!wt:iah N _;:.- ,
<br /> � beyond Bortowa�s controL Barow�r aha9 natiy l�ndar of any atanuaUnp orc��s►�fanc�s• B°R°w`ar sha�not com�3 wasta or � _'_��
<br /> ` �� desCOy. dama0o ar Bub�tanWY�l chanpe the Proparty or a6ow the ProRe�c�y to Qeteriorate�reQSar+a��i ar�r enO t�c eoa:epted. ��- --
<br /> `�. � f.r�:der rtry inspect th�Property N ths Property b vaaant or ebandonsd or the ben �a m Qefwtr.Lende►may ts��esonabt� "�;�. �,;.. . .,
<br /> r� - ���
<br /> � m�:nn to protect�nd presEUVe sueh v�cant ar ab�ndoa�ed Propedy.Bortower Bhaf1 als�me%�detit+$H 8otrow6t,d�r'c�9he ioan :�t �'-�
<br /> uve
<br /> r
<br /> ' appQoat(on prooass.pave matertaQY fa(ss or haccurate Infarmatbn or s4temonts to Lesi�er(or faDed to Provide Lender w3h anY ,,.��:�.il..=�' � �
<br /> ' mat�ti�l intormatbn) b connaoUon wRh th�b�n av(dencod by the Note.hcWdiny,but not limited to.roPreswitat(ans canc�mbD : �,z<,,
<br /> ��. �� ��-«i��,—.
<br /> Borrovmre oecupancy of tha Property as a prtncipa rosidence. It thts Socuriry Instrurrsnt is on a leasehotd. Borrower shnll ,,. ��. .. �.
<br /> . . ''�d����. .
<br /> compy wRh the provisbns ot tha leass. If Borrower acqr�Yes fee titl�to the Prope�tY. ths teasehold and fes titte ohaY not be , :.,, ,ti.
<br /> . r„qrpW unNss Lender ayrees ta the mec�er b wr3Yip. `�;��?'T�, ,, :,�
<br /> . , -��.,.._;,� . _-
<br /> 6. Cor�demnatlon. Tho proc�ds ot any award or ciaim for dartyy�s. dir�ct or consaquantW. b connoction � any • . ... -
<br /> �' i conQemnatiasa ar otha fakh0 of any pnr4 0���e Propertfr.or for eonveyance h plece ot cond�matbn.are hereby assip�sG�c'A —
<br /> - .�,�:..:,�::.. :f r;..;;•.
<br /> ' � shsp p� ptirJ y L�ndar to tha e�Rent of tha tuB emount of ths indebtednas8 that recnahs unpab under tha Nota �nd U�ts : .. —
<br /> 1 . .
<br /> • g��f�y �nstrumen� Londc+r ;J'.ai)appy such proceeds to tha reductbn o1 ths hdebtedness under th� Nots�nd this SocnrRy .
<br /> Inshumanb N�st to any dsitr:�eni unounts opp➢od in ths order provided In Parapraph 3,and then to prepayment of qflnc�aL � � �-._,
<br /> Nr ,
<br /> Any apy�aan of ths proceeEs to the prinepal ah4B not exWns or Qastpona tho Que date of tha monihty payrt�enis.vJl�ich ere � . .
<br />. - rN�rr�d to in Pudpnph 2. or chenpe the amount oY aueh payments. Any oo�cess proceeds over an �����to pay e1! . . ----
<br /> - ouLStanding Ir►doDtadness undar the Note and lhb Security InaUumant s�3l1 bo paid to the ontityr 19gally► .�-.
<br /> '�' 7. CharQe� to �¢�rr�nwer erod Protectlec� mt �ender's Rights 1� tha Property. eorrowar ar►au oay �n : . • F �
<br /> � :' qovemmenta� or mun�!pa� cfsorpes. ftnes aod Imposftions that aro not inc�ded �n P�rnph 2. Borrower sP.:.� pay these : . . �.
<br /> . is obOg4ttcns on tYne directty ta the ent2ty whtch is oNnad tAe payment If fatA�re to pay woutd advorsety ettect Lend&�a htarest b • .
<br /> ' .�; tho Piroperty.uDon��s request Bor.W�car shall promptty fum(sh to lmn�or recelPis evideneinD thero Cayme�►ts. � . . . .
<br /> a�
<br /> ' ' It Bonower f8iis to m8ke these p8yments ot the p&ym0nts naqutre0 by PRt&groph 2,or raus eo a�o�m any o�er covenants
<br /> �,� flnd agreements contairtod in thls Scscurityr instrument,or there is e legal proceodhg that may slgnlHCenty eHeot LenC9's righta in 1 . � , '
<br /> � • � the Property (suCn as a praceodh0 b benlwAtcY,for condemnatbn or to onforce laws or regutatbns),thsn LenGer r.+ay da and � : _-
<br /> � pay+�+fi�tewr b nacessuy to protoct th�valua of the Propwry and tanda�a righte h the Prop�rty. hciudlnp paymont of Ux9s. ; • � . . �`=
<br /> he:ard ineuranee snd other Rems monUoned h Paragraph 2. ;. , �
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