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<br /> 1 e eecrow tccount under the fadeni Rbl ERtat�&ettbm�nt Procodune Act of 1974 ae amanded hom tMna to Iime, 12 U.B.C. . .�:'`�"
<br /> � , eortowar'
<br /> 2601 et eeq. ("RESPA"),unV��e anotnsr law that appllss lo tho Funda eote a lese�r amount. Ii so,Londer may, et any tlme,colleot and 5,
<br /> hold Fund! in an lmount not to excMd thY Nsaer emount. LMdw may astYnat�thY Qmount ol lund3 due on tho bnal3 of curront datn -
<br /> �nd rwtortabM�atlmaQ��of�xp�dkur�s of lutun Etcrow Ibma or othKVils� In accordonc�wRh appl�abb law. ��
<br /> Th� Fundi thtH W h�b h �n hstNutbn whQS� daposks �r� In�ur�d by � bd�nl �p�noy, In�trumantalNy, or tntity (inoludhp � ',;,_
<br /> L�ndN, M LsndK 18 such it�h�tkutbn) or h any Fedaral HonH Lotn Btnk. L.ender sh�H appy the Funda to p�y the Eacrow Iteme.� ' �
<br /> Undsr may not ohup� BortowK tor holdhp and�ppyinp th�Fundc,�nnuaNy �neyzhp tNe eacrow acoount, or varMyhp lh� Escrow ' •:'� y
<br /> Iteme, unM�ss 1-end�r AaYS Borrower h:�rest on th�Funde and appllCabb law permRe l.ender to meke euch a ohupe. However, Lender "
<br /> m�y rsquYe BortowM to pay t ono-tYne chup�for an hdependent retl estote tox reporthp aerv�e used by Lander in connectbn wiih ,�� �.
<br /> thb ban,unkss�pplfc�bla kw provldes otherwlse. Unlesi�n apreemsnt Is made or appucable I�w requiros htenet to be p�ld,Lender � �,�„
<br /> ehtN not bs raquYed to pay Borrower any htersst or eamhps on tNS Funda. Bortower and LenCar mey apree In wrkln0� howaver,that � •--
<br /> hterest ahalt be pald on the Funds. Lender shek qNa to Borrowsr, wkhout charfle, en annuat eccounthp of the Funda, showhp � •}•���: .
<br /> credNs and debke to the Funds and the purposo lor whfch each debk to the Funds was made. The Funds are pl�dped as addkbnai � ' ' �. . '
<br /> securky for all sums secured by this SeaurHy Instrument. ��` `
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<br /> � If the Funds hetd by Lender excead the amounts permktod to be held by applfcable law, Lender shatl ecaount to Bortawer for the -
<br /> � sxc�sa Funds h �ccordance wRh the reyulromente ot eppHa�t6k Ww. If the amount ot the Funds hetd hy Lender at any tlme is not _
<br /> � euftbtent to pay tha Escrow Items when due, Lsnder may ao noti(y Borrower in wrfting,and, in such case Borrower shail pay to Lender -----�
<br /> the amount necesa�ry to make up the delfaienoy. Bortowe►shpA make up the deficiency h no more than twelve monthy payments,at ,. -
<br /> Lendere ook diacretbn.
<br /> " Upon payment In tuA of�N auma secund by thfs SocurNy Instrument,Lender shau prompty re(und to Borrower any Funds heW by ,-
<br /> �,�y�r, �}, �n�t psreqrnph 21, l.ender sh�N acqulrs or seN th�Props�ty, Lander,prbr to tha acqulskbn or sak of tha Prop�rty,ehaN _
<br /> ` oppy any Funds hoid by Lendx at the time of acquiskbn or sr�b as a credk apahst ths suma secured by th►s Socurity InsWmant. `
<br /> 3. Applieatlon of Payments. Unless�ppliCtbfa law provtdes othatwise,eN paymer►ts reCehred by Lsnder und�panp�aphs
<br /> i and 2 shall be applied: flrst, to any prepaYment oharpes due under the Note; second,to amounta pe�yable under parayreph 2;thPd
<br /> to intarsat dus; fourth,to prinaipal due;and last,to any I�ts ch�rpss dus und�th�Nota.
<br /> ' 4. �'itlal'QCB� Llens. BOROwer ehflll pey 81I texes, esses6mente, oh8rpe5, fines end ImposRbns ettrbutabie to the PropBrty ' .
<br /> r
<br /> whfah may attaln prbritY ovK this Security Instrument, und lensehotd paymenta or Qround rents, M any. Bortoww shaY pay these r- _
<br /> obNprtbns h tM manner prov{dsd h pampraph 2,or M not peid h that manner,Borrower ahaN pay thom on tkno dkeotly to tho person y'==
<br /> �, cw�d payrtMnt. Bonower ehaH prompty iumish to Lender aN notbes of emounts to be p4id under this parapraph. Ii Bortower makea "�
<br /> thass paym�nri dt�aty,Bartow�x ehaM promptly lumish to Lender receipto evkiaioin9 the payments. ;-��
<br /> B o rt o w�r s h�1 pro m pt y dtseherpe�ny Aen whlah hae prbrRy ovar this Socurky InsUument unless Bortower.(s) agroes In wrkhp to
<br /> _____..__ �.n.ym.nt of tha obNaatton sacured by the fien In a mmner acceptabM to L�ndw; (b)oonteats N pood takh the Nen by,or dNsr►ds . �•��..
<br /> .�...�
<br /> ayihat entorc�►�ent of the N6n h,Iepei prxsedlnEa whkh h th�Lend�s ophb+►opent�to prsvsnt the entorcune�t ot tne xan;or(oj ,-=r-�=-- _
<br /> aeaurss hom th�holdK of ths Nen an aprMrt�ent satiskotory to Lsnd�r eubordinetinp ths Ibn to thla Seourity InsWmant. If UndK ?
<br /> � drtwminss that any part ot the Property is subJect to e Iien whbh may nttah prbrity over this Securiry Instrument, lender ►naY fl�
<br /> • � Borrowe�a notice fdantMylnp the Ilen. Bortower shall sotlsty the 11en or take one or more ot the actbns set forth above wkhh 10 days
<br /> ; of the plvinp of nat�e.
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<br /> • � 6. Ha:ard or Property Insurence. BO�TOwer shaq keep the Mnprovernente nOw 0xistlnp or heredite� 6re0led On the
<br /> `� Prop�rty htund�pninat bas by tlre, heruda Inciuded wRhh tha term "extended covernQe' and any other he�ards. hcludinp fbode or �:_�
<br /> � � dpodirp, (or whbh L.�ndw roqut�o hsuruice. This hsuru�ce BhaM be maintalnad In the amounts and for the perbds that Lender '�`
<br /> nquiros, TM haurance c�rtbr providinp ths Intunncs ehaN ba ahosen by Borrower aubject to Lenders approval whVCh shaN not bs
<br /> unnaaon�bb wkhhNd. If Eorrower fafts to mahuh cownps dsacrbed above, Lender mey,et Londers optbn, obte�h cowreps to _.
<br />: protso!Lend�s riphts h th�Prop�ty h accord�ncs wkh pu�praph 7. �—�'-
<br /> AN insunncs polbNs �nd ronewals ehtN t»�eeepvbls to Lender and ehaN inoluds a etuidud n�ortpep�ayuoe. LencNr shaN haw �,_ _
<br /> � tM ripht to hofd th� poKelos and ron�+rtie. It Unda roqutns, Borrower ehaN promQty pMre to Lsnder�N rocNpta of paid pnmtum� ��-
<br /> �r►d nn�wal notlas. In tM�vw�t of{oaa, BoROwa►ehaN qhro prompt notbe to the insunncs carrfer�nd LendK• Lendor maY m�ke
<br /> . proof of bs9 M not rtMd�prompty by Bortow�r. ��_T
<br /> � Unbss Lertder and Bortow�►otherwise nprw h wrkh9,hsurance procesds ahaM b��ppNed to reatoretbn or ropaM o4 th�PropaRy �,
<br /> - - demsued, H t�e r�etoratfan or r�� � �onomlcaly lasbb end Lendere securky Is not bssmod. If tho natoratfon or ropatr b not E _-���a
<br /> �conomfcay te�abN or Lan�s sxurky would be bssened, the hsuruice proceods shaN be applfod to the sums aocund by thie �;�''"-��'"°'�"`
<br /> F�
<br />_;b S�curky IntWmmt, whatMr or not then due, wRh �ny �ouc�as ptld to BoROwer. I f BoROwer o btn don s t h e P ro p e rt y, o r d a s n o t .__
<br /> _- �nsywr wlthin 30 dtyt • notfc� hom LendK thtt th� hsunr�c� carriK has oMKSd to a�ttls a oWm, thsn Und�r may CoM�Ct th� .;�_
<br /> ,'•.�•.:, hsurnco procNda• UndK maY use th� prxeeda to ropalr or restore the Pro�ty or to pay sums secunad by thb Security -e„p ��'
<br /> `' Inatruma�►t,wh�thK or not thsn due. Ths 30-day period wIN bapin when ths not�s is pMen. ��""=�_=- _—
<br /> ': Unteas Lender �r►d Bortower othenvlse �proe h wrRhp,any appNCatbn of proceeds to prholpal shaN not extend or postpone the � •t�
<br /> :�5:. ' •?:;
<br /> � due date of the monthy ptymonta referted to h pare�ephs 1 md 2 or chenpe the emount of the payments. If undor Dua�nph 21 ,, .�
<br /> '•M�y�+...�
<br /> ��.� • ' the Proparty b ac4�ired bY Lender��lorrowe�'s rqht to�ny hsurance poNcies�nd proceeds resultiny kom darrape to the PropeRy prbr • -_,_, ;,.,_--.� •-
<br /> " '� to the acqulskion aheN pass to Lender to tho extsnt of fhs sums aecurod by thb Securky Instrument immed�tsy prior to ths �.•��•;:•s:����r :
<br /> �,..,., .
<br /> ' � acqulsRbn. �
<br /> � = 6. Occupsncy� Preaervatlon� Mefntenence end Protectlon of the Property; Borrower's Loan
<br /> Appitcetlon; Leaaehotda. BOr►Owet ehaN OCCUpy, eiMbBsh, �nd usY the Property as Borrowers pnc�ipel reSldenCe wkhln sbctyr ;
<br /> daya after the execuUon o!thhs Security Inswment and sh�N oonthue to xcupy the Property as Bortowers principal residenc�tor et •
<br /> bast on� yaer �Rsr th� d�ts of occup�nay, unNSS Lend�r otherwk� apro4s In writhp, which consent shtW not be unreasonaby
<br /> wRhhsid,or unMs� �cbnu�thg alrcumstancss sxqt whbh�n beyond Borrowars conVOl. Borrower sheN not dosVay,darmpe or knpair .
<br /> � the Ptoperty�aMow tha Property to detabrcte,a commR wasb on tha Propefty. Bortower shall be h dehuR�any forfakure actlon or
<br /> l --_---_ - .. . .___ _.... __�.._� � �.....,u...r..�....�✓...,.,.d l�Yh ruiro.�oM enule rnsut h torielture of the ProoBrtv of othlfwlse - __
<br /> ----_.__ ----- r/fti[rlOf ctnw v�w....wa .o..q�........�. .......�.���
<br /> pfOClOUny� _._.....'-�.-".- - -
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<br /> matariely Ynpalr the Ibn crsated by thb Securily Instrument or Lenders security hterest. BeROwar msy cure suoh e deieuk �nd
<br /> rohatate, as fxo+ridsd h ptra�nDh 16,by causlnp the�atbn or proceedinq to ba dlsmissed wkh n ruNnq that,h Lenders pood fakh
<br /> � determhe�tion, proaludes forfefture of the Borrowera hterost h the Property or other mate�tal Impahnent of tha Nen created by this
<br /> - Securny InsWrtMnt or Lenders security hteros4 Borrower sheH also be In default M Borrower, durhp the ban �ppiiCttbn proCeaa, "
<br /> - yave materinlly hfse or fnecaurale htortnxtfon or stnt�ts to Lendor (or lalbd to prov{de Londor wkh any mAt�lni hfomutbn) h
<br /> � aonnectbn wkh thN ban evide�ced by the Note,haiudlnp,but not MnRed to, ropresentatbna concemhp Borrowere occupanoy ot ths
<br /> ` Rroperty aa a prhotpe� resWance. If thb Securky IndWment b on e leesehold, Borrower shtll compy wkh oR the provi�4ana of the
<br /> base. If BoROVrer aCquires tee tRi� to lhe Property, the le�sehob and the fee tkte bhall not merge unless the L9nder eprees to the �
<br /> . ' fllgf�lf MI WfRhQ. Porm JOYE Y/YO � .
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