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<br /> Borrow�r'� �icrow scoount und�r lha hd�rtil fNal B�trt�&aHMrtwr:t Prx�dar�e Aol 01 1D71 te an���ro���1iit1R�U.B.C. '
<br /> 2601 N a�q.('RF5PA"),unk��tnoth�r rw lhat e�pR�e t0 th�Fund� 8oU�Neaw amount. If ao,Lender mny,et sny tkna,col:¢ct and
<br /> hold Funds In an unr�unt Rot to�xcwd Iha M�t�amaunt. Leridor noy esibnale t�e arnount of funda dus on tho bnal� oi ourrent data ��
<br /> and reatnnablr�rih�ata o1�xp�ndituros of Putur�Eecrow ItMn�or oth�rwlye In accordanco wkh anplfcabk law.
<br /> Th• Funda shaN M hob h an Y�eticutbn whofe d�poiN� �r� ineurod by � tedwnl epenay, h�tNmentelfty, or eniNy lfnobdtng
<br /> L�nd�r, M l.Mids� b su0h en hetkutlon)or Yi any F�d�nl NartH Lo�n B�nk. Lender ohall eppry the Funds to pay the Escrow Itema.
<br /> � l�ndw m�y not ch�r�Bortowa lor hobinQ rnd �pptyh9 lh� Fund�, annualy anny=hp ih� �scrow �r,count, or vaNyhp lhs E�Crow
<br /> It�ms,unla�i L�snd�r prye Borrowar Interest on t�e Funds�nd appik�bb bw permHe Lender to mtke suoh� charpe. However,Lendar
<br /> rr�y rpuire BonowK to pay� on♦tbn�oh�rp�tor on hd�p�nd�nt anl�atnt�t�x reponlnp eervbe used by lender In connsctbn e�Ith
<br /> thls ben,unflfs �ppRC�bN tew piovides othervvisi. Unkss+�n eprNrrNnt Is mede or�ppNeabN I�w r�quku ht�rsat to!»patd,Under
<br /> " ahtN not be rsquYed to pay Bortowsr any Interost or e�mhps on llie Funds.Oqrrower and Lender may apree h wrklnp, however,thAt •
<br /> •�"^'"''� ht�nst thaN be pold on thR Funda. Lender shaN pN� to Borrower, wkhout chupo, an annual acaounthq oi the Funds, ehowhg
<br /> . ��
<br /> � cndRs and Gbka lo the Funde tnd 1ho pumos�tor whbh �nch debk to ths Funds was made. The Funda uo Radqed as additbna
<br /> eecurity for�A aums secure�by thts Security lnt�trument. �
<br /> II the Fund� h�4J by l.endsr excsed the e�mounte pormRted to be hetd by�ppifcable law, Lender sh&A fl000unt to Borrowr:r tor tha
<br /> oxceu Furtds h �coordanco wkh the requiremenri o} appHcabN lew, il tho amount of the Funds hefd by Lende►at any thN b not �Mr;�
<br /> suBiCkc�t to pay th� E6Crow Itoma when dlie,Londee maY ao notily Bortower In wrk{np,nnd, in suoh case Bortowor shaA pty to Lender � ,_;;
<br /> the amount n�cessary to make up the deficlency. Borrowqr shaU make up the de8ctenCy In no more than twehre monthy peymenta, at ��,-
<br /> � Lender's soM discr�tbn. � �
<br /> Upon paymt+nt In 1uA of aU sums eecurod by thb Securky Instrument,La�nder shail prompty refund to BoROwer any Funds held by „4' -
<br /> ��R�,-=�
<br /> LMder. If. �mAor pAraQnph 21,Laid9r shaA acquiro or sNl tha Propwty, Under,prtor to the aoqulaRbn or saie of tho Proparty�6h8Y :�.i�
<br /> tppy any Funds Aefd by Lander at the tlme of acqulsRbn or sale as a credR opahst the suma secured by th(s Securityr Instrument. ;.FT
<br /> _' � 3. Appllcation of Payme�ts. UnMss appliCabk kw providos othawlse,aN payments racelved by LMtd�r undet par�yraphs f�y.;
<br /> 1 and 2 shtA 6e epptied: frst, t� any prepaymenl chu�es due under tho Noto; second, ro amoimts peyobte under parapr�ph 2;thYd ,.4'
<br /> to int�r4st dw; tourth,to pnc�ipnl dur,�nd Inst,to�ny kto chuqos due undw the Note. � �'==
<br /> , �. C11ifgC�; LIERa. Borrower shaN pay eN Huces, 85E8£9(I16f�i8, aharqas, rines and Imposkbns attnbutabfe to the PropeRy , -„�r__�_
<br /> '� whtah rtry tttaln prlorky over lhfs Security inatrument, and kasahald p4ymonts or qround renta, H any. Bortower shau p�y these _'-��---
<br /> abliynibns In the munner provfded h puapraph 2,or if not psid In that manner, Bo�war shail pay thom on tYne dMeoty ro the parson �.__
<br /> owed paymont. Borrowor ahaR prompty tum�h to Len�er aN notices of amounts to be pald under this parapraph. If Bortowe rtwkes E__
<br /> these p�yments dYecty,Borrowar shall prompty tumish to Lender recepts evidenchp the paymente. _
<br /> Borrower shtA prompty dfscharae or►y Iten wh�h haa prtority over this Socurfty Insuument unioss Bortower:(a)aprses In wrillnp to
<br /> � tho ptyment of tho obNpation seCUred by the Ilen in a rtwnnar dccept4bk to Lendx; (b)Contosts In yood fakh the Iiw� by,or d�Q�nds
<br /> �• apahSt enfO�C6ment ot ihe Ifen N, layal proCMdinps whbh In th�Lrr�der's opinbn oporato to prWwtt trte enior�ertwni oi inir iiw�;u: i�i
<br /> aacuros from the Uoldar of tha Ifen on Wyreon"snt sntts'�ctory to Lender subordnat�np the Ikn to thk Security fnsWm�nt. If Under
<br /> determinss that my part of tAO PropertY is subJaot to e Iian wNfch m�y nttain prio�fty ovar thk Securky InsWment, Lendar m�y p1w -
<br /> BoROwer a notice Iden[Iyhy the Ifen. Bonowtv eh�Y setbty the Iien or take one or moro of the�otbne sot torth above wkhh t0 daya W
<br /> " � ' of the qlvin0 ot not�e.
<br /> _ 6. Ha:ard or Pro�perty In�urance. 8orrower shaN keep the improvsments now axlstin4 or hBreafter er�cted on the
<br /> ~ ' , � � Property hSUred IqalnBt bse by tirA, huards holuded wkhh the tertn'extended COVDra�" and�ny other hnurda, Inaiudhp fbodF ot
<br /> Boadinp, tor whiCh Lend�er requYes heuranCe. ThMs he►!rance ohnll be mafntained In the amounta and for the perioda that Lendw
<br /> • rsqutes. The Insunnce cartier provkJhq the k►surance shnA be cho�a�� by Borcower eubJect to Landor'c approval whbh shaN not be
<br />_ '+ unrasonaby wilhhefd. If Bonower faifs to mahtah aoverape descr�od above,Lendor may,at Londor's aptbn, obtain corer�la to
<br />--�� � W�� � protect Lendws rlphta in the Property h accordance wNh parapreph 7.
<br />—`"���� �" ' � IUI hsurartCe polbiss bnd�enewafs ahaq he ecceatabb to Lender end shal� hoiude e standnrd mortpape clnuse. LendK sh�Y hava
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<br /> th� tipht to h�td ths poNcles and renewals. If Lender nqufros, Borrower ehell prompty yHo to Londer oN roceipis of p�id premluma _
<br /> i`�,:;.�:;.5::,, u►d ranewal noticos. In the event of bss,Borrower shaM plvs prompt notfce to the hsurance cr►rrkx and Lender. Lender mey mR1ce
<br />�:;.,-�,?;: prool ol bas k hot rn�de promptry by Oorrowac.
<br /> � �� ' Unks�L�ndrr and qorcowe�othenvise oproe h writinp,hsurence praceeds �hall be Qppl!ed to nstorntlon or ropalr of the PropeRy
<br /> - �='-'0'-,- dornipGd, M ths roatoratbn or repeir b eeonomicafy kesbb ind Le�dera seeurity is not fessened. If the rcstoratbn or reptY b nat _
<br /> �,����.r., '°� �conom�aNy hasbb or Londei'e aecurity would bs bsaened, the Insurnnce proceods shall be �ppliad ro tho sums securod by thb —
<br />��....;,;., � Security lnsVUment. whetha or nat then dus, wkh any pccass paid to Borrower. I} Borrower�bnndona th� Property, or do�a nat _
<br />��-•'f�'"""°'� �nswe� wRhh 30 dsy9 e notbe from Lender that lhe hsuranc� cartier hns offeted to sett18 a otaim,th�n Lendur rnny Colhr,t thY =
<br /> ��....�p..... _ _
<br />' '�r"� ° Hauranae proceeds. l.ender may use the prxeeda to repak or restore the Proporty or to pny sums secured by this S�ausNy __-- -
<br />�•.:t*�.,....,. =
<br />��,_,;,*�? ' InaWrr�t,whet8or or not tnen due. Tha 30�day perbd wUl baptn whan the not�e Is plven• _��—
<br />='"``� ' ' Unbss Lender �nd Hortower ntherwbe aprse in wrlthfl, any appl�atbn of prxoad3 to pr�olpnl shell not extend or postporte the �_:_-_._
<br /> due date o�the mnnthy payments reterrad to In pareqraphs 1 and 2 or ahenye the amount of thQ paymonts. If under para0nph 21 �•��-
<br /> ;`'--S-��:;:
<br /> • tho Properiy Is acqulred by Lendor, BoROwors ripht to any Insuran�fl pouofes and proceeda rosuRing from damepe to the Prope�ty prior ^•.��.
<br /> • to tho ocqulsRbn chaA pnas to Londor to the extent of the sums secured by lhts Security Inntrument fmmedlatey prbr to the : ',,�;`,.
<br /> - acQuisltbn. '��:
<br /> . .,:�°�•C;.=__
<br /> 6. Occupanay� PretervaUon� Malntenence and Protect+on of the Property; Borrower s Lo�n �.Y,�
<br /> AppllCatl0tl; LCeIiEhOld�. Bonower shnu occupy, estnblish, and use tho Proporty ee Bortower'6 prktclpctl rasldunCO wkhH ebdy • -
<br />- daye aft�thu exocutbn of this Seourily IosUument and shall continua to occupy tho PropoRy as Bortower's pnc�ipal reskiance tor�t �'�
<br /> katt one yoar nRer the dato of occupanoy, unioss Lender otherwfse aqrees N wrkiny, whlah consent shaA not be unroasonaby �k
<br /> � ' wkhhtid, or unless extenuatinp ckcumstancea exist whfah nre beyond BoROwer�conVOl. Bortaww ahaN not desUoy,dam�go or Impalr .
<br /> the Proparty,albw tha F►roperty to cSet�rbrata, or commk wasie on the Property. Bortower shnll be in dofauk�f nny torfekuro�ctbn or -�•�
<br /> .----_ - - � _—___.�_ .._- ---..�.0......L.a...� 1�Iu�u�n�hs�in�nnrl�a nnnd hkh ludarnent could resuk h fotteRure Of the Prop6Ry 0�Oth9fWf58
<br /> ---��___------=7 {nww�.ry�....�o.o. ..... ... ...�..�.�.. ..���.. _.__. �-•--'- �--
<br /> � materinfly ImpaY lhe lien created 6y lhis Security InsWmont or L�nder'e security Interest. Borrower mny cure euCh n delavR nnd �
<br /> • rohstate, ae provtded In parapraph 16,by caushy the octbn or proceodhy to bs dismissed wRh a rulhy that, h Lender's qood feNh �
<br /> determinatbn, preoludos turfekure of lhe Borrower°s Intorest h the Property or other metorial ImpaMrr�nt of tl�e Ilen created by thfs
<br /> � Secu�ily tnswment or Londers socurity interest. Bortower ahaN elso be in dAtauR M 8orrower, durinp the ben epplicntbn process,
<br /> {�ave materbly feise or In�c�urato intormatbn or atatamer►ts to Lender (or Iailed to provlde Lender wRh any matorial hfortnelbn) In
<br /> � aonnectbn wHh the ban avldencad by the Note, Inciudinp, but not IYnRed to, representatbns conceminp Bortowers occupancy of 4he
<br /> Property ae a pnc�lpal residenco. If thfs Securityr Instrument b on e lensehokl, Borrower sheH compry with ell the provisbns of the
<br /> - lease. If BCrrower ecquYes tee tkte ta the Property, the leasehold and tho toe titie shaA not merge unbss the Lender aprees to the
<br /> • , ' , mgrpe�in writlnq. Form sose oieo �
<br />� , R02O.LMa(Zi00) Pip�P ol 6 �
<br /> i
<br /> �77 ��
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