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Home My WebLink About0970 __..r , ` a ` ~ . ~ , ~ ~ 1 _ _ ~ . ~ ~ 1NIFP ~~i! `~~`i'~1CIpN an~ t,ntKe~l Prfp~ymMt snd Lw er Ch~liry~.~ Qortowp+ shaN ~ran~iry pay whGn ~lt~o 1hc? ~~xmcipal ol and~intbl~sl on thc~ dabl ovidanccxf by lhe Ndta and any prepayit~lent antl lato ch~ryc3s due unclct~ Iha"No1o ' 2. ~~'Ff~iidi tq~~`N1te1~ lind iniu~a~c~. .SUGtac~ (o a~ptiCeblo lawt~ to a wr~len watvor:by'loncisr, Sorrower shnll`pay to . , . _ Lond~"o~~theda~i'montt~ji-paytnentse~e`duc3~i~k~dt~f~It~iNole.un~il~lh"~1JtitbfspBPdin~iu~li.asum("FU~hds")equall~o'Ono•Iw~t4h~l:(a) ~ ~ ycarty taxos antl aSSassmenl5 tirhich may alta?n'pilolily't3v~`"this-Se~u~+'tyl~strumcx~i;~(b) ya~rly leasc~ht~!~d p~i~ir'int~ls a ground rants on tha Property;~it any; ~c)"yeary ha7~~d iAsu~a~~ti (iremiuma; an'ti'~i)ryoarly mor~flege insuran~a ~remtums, it ~r~y.~ThosQ ' - , ~tems arQ catlcil "osC~ow ilems." Lendor'rin~y`oslim8lcs Ihe.F'~i1ds ~iUO`ori ihe basis o~ cut~~rii ~iala and'reaSOnabl~ t~51iti1aies~o( tutu~e esciow items. ~ . . ~ : Th~`F~l~lds shalf ho held in an'institutWn`the dQposils Or accounts ot w~h arQ°tnsurs~~lpi guara~tecil by a federal or slate agc~c~? ~incladi~t~`l.onder i1 L'~ntler is st~~h a~ ~siituf~ony: L~"~der shall appl~t ~unds t~s ~8~i ltia escrow ilems.~lendor may ~ibi ~ cha?go far hoiding and appiying iF~Q`~i~siiis; n~~af~ztng-th~ ~~cc~unt ot verify ,!he ~sC!e~?i i4c~r?s; ~~~~s LQndt3r pays F3ott0YV~ mterest on th~'Funds and'~"~~GcabPe la~'pe?mit's"l.~ilQi la make such a charge •E3arowar and Lende~ ma~r ~gred in wrilin~lh~t I ~nterest shall tu3~aidn~llh~~unds. Unless an agreemenl is made o~ a~ptic~bi~ I~w~r~qUi~os inlcxc3st't'~b~paid l~e~tier stia~l nol ~c 1 E'Q P Y Y . accoundting of 1~~3`FrUfncls sho~tvi~ig cred ,~r ~~ni~gs'' tin IFils' Filffds. ~L~'fider shall givo Ib''BaiowQr, v+iithoul chargee, an annU~l ~ its ai1t1 d~bi'1`s t8 thb Rt~nds'~nii th~°p~tposci toi`~rTn~h'oa~~i~i~bii ld lho Funds was m~d~ ~The Funds are p?~tlged as addi~ional'secu~ily fbr'tltQ ~Clfhs Sect~ted by"lhis Sucutily°I~sl'f~lti~nt. ~ , "I(thf!"~nr10i1~1i0Ilh~'~UndS'h~Idb~l:~~ldCr.Icigelhe~wilhthefiit~rc~ti~`~fi~Chfy1~"~iaymenfsaf~'undspayaWfs~?ri~rt~thetlucdatas j ~ , ot the"esc7ow iiems, sha11 exce~'ifi~'~rn~runt ~equir"~d t~i~i8ytf~ ~CroW detris W`iien duc: the e'~cess shatl be. ~t 8arower's option. ~ eilh~f```~1fdn1~11~"t~~iaPd t~i~r'tow@r 07 ~t~tlit~ilei~~~~owF3r b~`~rrionthtyi"~~i~fe~1~~SI Fiinds; I~IfiQamol~lM b1 fh~ ~u~ids hettl by L~r~der i _ - ~ scroW`~iQlfilsWlf'~S'~~'~~r4~~rshal~~r~~i' _ _ _~,_k~~~lhedehciency~n ' oric or'mare a ments as"°r t~irei! b ~Lender. ` ~ - - .i41~c~1de,r~any_amtPPtlnt~~le~ossa 1~7na _..~_.s,,-. PY ~4 Y. _ _ "Upon'p~~i~'f~nl"ti~°t~ilt`i~f ~ll s~ms s~ct~~~'tl by this Sc3cunty'ins~C~i~line~lt. l:Qndar ~ha11~~~oii~~ll~i~ref~dt~SBd'r~~Hi~~ ~n~'R~inds ` heid b~i'L'en~ie~ li ui~~n~~agraph~~9`ihePro~erly is soldor ac~T~'~eii b~'L't~'~tie~,lend~r sli~ll appy; nolater lhenimmedi8tely p~ia . , . to the's~~e'~511h~'Pro~rty~or`its a~uisition b~i~Lender, an~l'F`iTfids held byll.end~ a1fih~"fifti~ oi appiicafi~n as a ciedif Against ihe - sums secured by`lhis' Security`Instrtiment: ~ ~ ~ - ~ '~~-3.•~APpllcatlo~l ~f'Paym~itt~ "Unlcss applicablc law~~p'rovft3eS'o~herwise. alN°paymeMs r~ceivei~'by ~ende~'ur~der . - , _ . _ . , , - . _ naragraphs t ai1d~2 ~ha~i'Ffe ap~lied' tirsl:~'1~ laic3 charges due und~~`th~`Ndte; s~COri'd,"td`p7~aymeni chargc~s d~.ieur~tiei ii~: Note: ' third: to amounl5 pai~I~Me v~der paragraph 2: fourth; to int~resl ,d~le: ~+nd lasl, to p?i~ticipal due: ~~.'4.` Char~~s;"~Liens: Barower shall-~5ay'~11 iaxes."~asses~menls,°~`ha"Fges. tines and'f~inposiliors altfibut~'bte to°'Ihc3 ~ ; P~operty whicn may"altain'prior;fy ovei lhis Securit~ifii'~i~Cli"rtent. anii le~sGhold paymenls'r1~§tc~iiildY~1C~: it any: 8arower'Sh~ll ~ay ~ these obli ations'in th"e'1ifi~triner ovide~d in ~r~ h 2: ar.~'na' ' ~ g ~ ~i ~ p' ~ai'Cii'~tli~ti~anner;B"oi:r"ow~r~hallpaythem_o~timedirecly"t~ilhc . - . _ . . , . . person~wedpaqm~nt~`BdYtovs?et"sh'a11`pYb'P~lptiyturnis~tl(~L~r~der~tl~blices~ta~ourxst6b~`~aidunde~fhisparagraph t(80rrzwet_- - makes°'tfieso"payments directry: Boi~ower°shall~~ro?ri~11y 1~Trn+Sh ta L'end~~"feCeipts evid~ncing'Iho payme~ls: ` Boirow~~ shall'~i6inpily disch~f§e any lien viihiC~i`h'as EStiofiiy'over this Securdy~fn'strumenC~iritess Btir7ower. (8) agrees in , , ~urii[n~Cdih~ipayrtientotttie'~ibligalionsecur~dtiyl'ih~lie~inamannata~CCe~fabt~t~'1.~~icler;"(t~)'~o~leslsingod"dta?Iht~Uen;bya ~ delondsagains[entorceirientd~~Cti~~fien~in;Yegat~tbcec~i~igswht'~ii~~~tri"~th~~lender's`bpinion~bperati~lo~~prev~nt'IFie~nltircemer~lol ~ ~ Y"' 9 orY tt~ L~~i ' the lien ar torfQituris of a~y~parf ol°the`Pr ~rt , c~r''(c) sec~res lrom"tri~t~tftder ~f`1he`lien an a'reeiri~nl satislact der ~ subord+natir~~'!he•tien !o this' Securily lnstlurrtent: II ~ender~tl~leimine$1Fial ar~y n~rt ot thi3 Property is subJeci to a lien which~may ~ ' attain priority cweP"Ihis Securily InSlrumeM,° Lende~'(nay giv~ Bor'tow~t 8't~btice idunUfyiit'~ thti'licn`: BO~rower shaU satis(y Ihe Ger1 a tak~ one of "more ot thQ aCtions sel''Ib7th abooe w+thi~ 10 ciays ot Iha giVing Of notice. . ~ 5. ~'~iaifrdln:uranc~. Bofrowei";hallkeejilheirnp~ovemeaits~ow~exisling'8'r'Fi~~e~it~rere~ted6ntticRrt~erty~nsured against loss' by tire.~hazards included wilF~ln` Ihe Itr"m ' exte~ifell coverage" ahd ~ny other haz~irds far whiCh'Cander ~cbquires ins~rahce.'This insucance'Sh~ll'berft~ainlain~d°ir1'the amounts anif (c3t'th~'peribds'th~1~L"~nd~i~req~fres.'The i~lstrt~rice~carrier ; provid~ng Ihe insurance`sFiall be'chasen by Bortowe~ s~bjecl to°lenciQr's ap~oval which sh~l! nol:6~ unreasonably wiltiKeld "Att insurance poticies anilt~newals shal! be accrtpla6lQ to LeniJ~r'~Aii sha11 iiicludQ ~°standar"d7'~"ri`gage clatl5e' lender stiatt have the'rtght'ta hoftllhe policies and :r~newals. it Len~f~t~requires:~6&`rower shall promplly g~i~ ti~Lender allr~cc~pls ot paid ~ prefiiums ~r~ii ~enew~l notTces: Itiit~e event oi loss; 6orrower shatl giv~ ~SromFil notice Id Ihe insurance ~aiii~~ ~fitlLender-Lend~ may makQ pr~af ot Ioss fI`rro1 matJ~ prompty~b~Borrower. Unless L~htibr'antl' Borrower othe~wiseagr~e in wiiltng'insu~an~~`piroceeds shatl be apptied ti~`rc~lbr~tion or repair d! ~he Properly damaged, if 1he reslor'BUon or ic~~ir i5 eco~anically t~aSiMe andfiarlder"s-security 's not tessened if therestaatiore or repair, is nol`acori4mically teasible ot. Lender's ~eciitity woutd'be lessened;'the ins~UrancQ~~iroceeds ~shaMl be'a~i~itted tolh~ soms . _ seCUr~.1b~IthisSecuritylnsU~ment,whethert5rnoi~th~riri~e;wilhany'ex~ess`pai`tlttf8b?iow~.'1~$a~~w~r~bandon'sth~Prd~lerty, . or,d0es nOt answer within ~0`tl9ys 8'notice hbm'~endCr'th~f'the ~nsut~nce ca~iiethas'Otf~redlo Sellle3 c18im: lhen Lendei'may coqect the`s'n~urance pr~~~iis.'Le~der may usef`lh~ ~'~o~~~ds !d'repair d` reslb`~~'tNti'Ptbp~t~iN to pay stims°securedby Ihis Secu~rty Instrtj?r~en eth`^~r a' noi'lhen d~e. The 30~tlayy'p~riod witl begin when`~lhe ~i~lllce i5 given. . Unless Lend~-Bo~ower' blherwise agree in w~iting any:application"tft ~iioceeds tb`~rincipal~shalf no( extentl or postpor~ th~ da~ tiate 8t thc ma~thly ~~ymet~ts'retetretl to in p~ragra~hs 1 and 2 or`change the ~mor~nt o~ih~#"payments. It under paragraph 1~`Ihe Ptd~ny is acqurred by C~nifer; 8of ~ower's rigtil to any ~nsuranci~'~oticies atitlproceeds resuiti~g ~rom damag~ to Ihe Pftiperty ~Xi~i'To fhe acqu+s~tion 5?~au pass to~lender to th~ eXteril id~'Ihe sums secu~ed by ihis Securitylnstrument immediatety . prioa"t0'the aCquisit+on. 6. pr~ervettan en~`Mair~tenance of pr'ope[ty; temehalcb. Borro+Ntr sna11 no1 destroy, dainag~ or subsla~t~ally ~ n ^ ~3 y ~ his SeCUrdy Instrumc~tt is on'a leasehotd, 8orrowc~ shall cam g~w± h~h~ e ov~si'v s t11 thQ eas~, and~r~ w~ a p~n'm~w~; tle~to 11re Property, th~leasehoid "an'iTte~iitleshall not merge unless l.ender agrees to th~-m~l`ger in wntinfl c . - ~ ~ , . , ~7. '~r~tectlDrt`o~"L`iitde?!~`Hghts f~ th~e'p~'d'~rty~ MOrtg~ge Insurance. "II Borrowet'tads ta pettbriti`1h~ covenants and ~gr~ements con?a~ned i~'this Secur~tylnslrUment. c)r lhere is a leg~bproceeding I h2~t may signilicaNly a(tecl Lander's rights ~n the P~operty (siKh as a prc~ceeding in bankruMcy: prbba~e, tnr cohdemnalibn ot id`enlorce laws or reguletions). then lc~nde! may P Y 9 Y hY fx. Y ~ y ~ 9 ct~ons n?ay nc ucien a`nr an~'su ns s~tl~ed arYaUtien which has'u aM' ovEr h+s Sectir~rt ~rtsl?ame i.tappetlr ~ra n court p~m ' reasonable a~1 ~~rneys' Iees and en~enng orY 1ha PropLtf~ ta mak~3 re~~irs Allhough le~de' mayr lake ar.l ~on under ltus pafagr aph 7: t~ender cioes ' r~l have to do so _ 11mr amounls disburst~l tiy Lende~ und~rlhis par~graph 7 shal(bec:dine atlHitional debt df ~orrower secure~i by this Secunly Inst~menL U~less E3~`tow~r and l~ntler agree to othc~ ferms tilpaymenl: those ~~i?twnls shall~t~ar intetest lrom Ihe date ot dishursant~nl at the No~e`'rate and shall t~ payahtQ, with int~re5t; :upon nWic~ KtN~'i.~nder'1~` Bo~fo,~ver requesting paymenl. 0 . . . $ooi~`fi$4 ~ ~-3~ ' ~ w«~o+.. eaao„ d.~,~ e~ ~iy a w.e oe~~ r+.. s~v e+ ~~eoQ? pc ~ ~ ~,Y.-~.,~ .F~.-~ _..,....m.....~. ~ - _ _ . ,