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<br /> 1'he Funds shdl ►x held in su� ins�itution whoac depoaits Yre inxured by u federa! u�ixy�l�+irur�x t�li , M r ity
<br /> (including Lz►�der. if I.�MiCr ic such an in�titutian)or in any Falern!Hc►nx l.uan B;►nk. [.�nJtr�hali apply the Fui�s to pey ihe
<br /> F.�Crow Ittm.ti. I.etxkr nuy �x�t chrrge&►rrowcr for h��IJin�and up�lying tho Fuixls,unnu�lly:+nalyring thG ekruw accvx�nt,or
<br /> verifying�F� F.scrow Items, unitss I.en�fer pays E�rrower ir+tercsc on the Hun�l�uixi a{miicuhlc law prrniits Iancltr to nukr xuch
<br /> �char�e. HoN•ever,I.e�xler may requirc Bnrmwer to pay�une-timo charge for un i�xiepe�xlent itiut e�wte tAx reportinp serv{ce
<br /> usal by L.en�er in connectinn with this IM►n, unless appSic�ble ieH' pnivives whtrwiu:. Unlcxr an ugrcement i. mude c�r
<br /> rpplirablc Ixw rcyuirc�intercst tu be paid, l.�iufer shall not be tcquir�cl to pay &�rrower uny interest or carnindr��:� t!u Fundz-
<br /> Barrc►wcr u►ai l.erxkr mey a�oe in wdting. iwwever, thr►intercat sh�ll be puid Un the Funds. L.enJer shxll givc to Hc�rn�w'er,
<br /> wid�ut eF►�r�e, �rnnutl aca�unting oi lhe funds, shawing enYlitS anci debi�s to�he Fu���uncl the Ex��x�� fi�r which eacb
<br /> debit to the FunJs w��.s rnrde.The Funds sre plalgoci as additional security ti�r�II�wii..c�ured by thi�Suurlty ln+tturrunt.
<br /> If the Funds held hy I..endrr exceal thr amounts permittod to tx hcld by applic�ble Irw. Ixixie��hrU uccx�unt to Borrower
<br /> for the exe�ss Funds in eccorda►xx with tF►e requircments of a}mlicablG law. If the amaunt ot'the F�unds held by l.eixier at any
<br /> [ime ix�K�1�uiGciet�i io priy the L'scraw Items►vhcn dut,Lender mny so notify &�rmwer in w�iting,u�xi, in such case Hormwcr
<br /> Ehall �y to Lender the�nxwnt necessnry to make up tl�e deficicncy. Ii��rmK�u shall m�ke up the deficiency in no nx�re than
<br /> twclve nx�nthly�►wymenis,�t I.c�xler's solc dlscrction.
<br /> U�C►n payment in fuU oL all sums secured by this Securiry Iostrunxnt, L.ctxlor shall promptly refund to Iiorrowar w►y
<br /> rU��a�n�i�t�y t.���. tr,uncicr parnrn�mph 21,I,ender:��all acquirc or scU tl►C P�ti�peity,l.eixler,prior ro thc i�cquisiticm or sele
<br /> of U�c Pm}►eny, shall upply any FunrJs h�ld by l.e+id,et:�.iho iame of ncquisition or tinlc us a cr.edlt against tl�e sums securod by
<br /> this 5ecurity Ins�rumcnt.
<br /> 3.Appllaitlon ot Paymeots.IJnless ap{�I.i:cahl.e I.a�x pr.�uides�rbcrwise, all puymcnts r.eceivccl by Lende�under parag�hs
<br /> 1 and 2 shall be applied:first. to�r�.�r pm.pc:yir�+T.c cl.TarRes rJur unrlrr.Ihe Note; Secenxl,tn aanciuncs po}i�h1e ucKier paragr,»{�It 2:
<br /> third,to inteast da; founh,tu prin�cipal cLM�e;ai.xa�f[asi:.�v areY t�J.e c�t►�rges due uncler Iht N�te.
<br /> . ..�____ .,Y._ o... .�tia�t�� A1t�axes.assessmencs,charges� fines aixi in�;rositions altri.hufahl.e ta the Pr,r.�eCty
<br /> y.a.uwaKw� aw�m..+...7L`:Y.°.. ...�_r-� � -- L_1 __. .
<br /> which �n�y at�ain priority over this Sec►trity Instn►metN. �ux���s�ehold pryments or groucxi rema,ie",u:r.y. ,,'3�.,��i�w�. s���!N..�
<br /> thsse oM�;Ations in the rtwnner pm+-ncbe�f in pxcagraph 2,c�r eC not�paid in that manner, 8orr.mwer.s2i�lfi p�ut��x:i�t an tir:te dimtly
<br /> to the persoa owed prxt�nt.Hortows�sluill promp��y furexis�e ta P.,ender all nocices of anx�unes ro be geic6 rurµfer this p�rngr�ph•
<br /> If Borrower m�Icc.+tMetie paym�nts d'erectly,Borrower shalt pnxn�tl'y Purnish r,cr�.ende��+oceipts eviclencen,�cl�o�Ymerns.
<br /> Borro�wK shal! �mmptly dischuge any licn wtach has prionty over thi�Security Inurunknt anRess lY,�c.Tr�tiwer:(a)rgras in
<br /> writin�g tcr RUxpay�t of ihe ubligatioo securea by thc lien in a munner aaeptable to I.eixler,(b)cor�cest:*�in�qod fAi1h the lien
<br /> by, or d:rf_��i�lb�agunst enforament of the lien in, IegAI prvcre�c�l+ngs whici� in the l.cnclec's opinion e�}�c��s�te to prcvcnt thc ,
<br /> enfo�rccr����ic o(the lien;or(c)secures from the holder of the��^i�am agroement satisfactory Io[.ender sulwrdinating the An�n to
<br /> this Sor:�ti���y i�;Jnstrument. If'La�cler deteRnitws thnt any pan�af,it-�t�Propeety is subject to a lior�which mAy attain pr�ox�e�'•,:cer
<br /> this Socuriry' Instrument, Lender may givo Bomowe�A notice iil�rrcifying the lien.Bormwer stwll satisfp the,liex►or ta�;F ui�e'9r ,,
<br /> rtwre of the actions set focth above witltin 10 days�r6 S�he giving uf twtioe. . � `
<br /> S. Has�rd or !'mperty Iasursince. 8orro��r��::r sh�ll kap the improvsments now exiuing or laener.•t:cr ereciod cHi the
<br /> property insu r e d agunst foss by �m,.l n c r,x a u d s�mc'Ih�sl�d•within the term "extended rnverage" and any ot�;vc l+��u'd3,.i�1ud'+ng �
<br /> fl�,�,dc nr fl�ndina:for which L.end¢v���;outcs.irr.�iva:awcti.'1'his insu►uice shall be mainnined in the srt�o�t�1�,�•for ihr.���zrlods
<br /> that C,ender roquires. The insurance citkkier prav�iai�rr,-the insurance shall be clwsen oy esorrowcr suoja:i iv.},cai�ie:'s.��rto�=!
<br /> which shall no� be unrca.conably withheld. If&rr:�;�;rx��e�fails to mnintain coverage described abovc. I.GrKirr'•1niy, at Le+der's
<br /> option.obtain coverage to protoct I.endtr's rights i¢�.i;�;v Property in�ccord�nce with panigraph 7. ,
<br /> All i�wrance polwies u�d renewals shall bc,:ae��eptxble to Len�ier And sluxll indude a standard mu'r;�Eige clause. L.e�+er
<br /> shall hm�a thc right to hold the rolic�es and cenewals.'If Lxnder rtquires,Borrower shall promptly give to Y.encier all 'te�eipts of
<br /> paid Frcr.r.e.ivnm and renewal notioes. In the event of bxs.Borrowex shafl give pmmpt�wtice to thc�nsurana carriu�d.��.rtoder.
<br /> I.ender r�;��,;id.lc�:proof of lnss if not mada promptly by Borrowex_ ���
<br /> u�a�:�.��.�na«��3;l�arrower otherwise agroe m writing,inyu��xx proceods shxll bc appliod to restoration or�N���r;F the
<br /> propeny danpigod,ifc:v„�r�.restorution or repair is oconomically fea�ible and Lende�'s sa�urity is rat lessened:If the t+eatbrb�cian or .
<br /> u
<br /> rcp�ir is not eoonomi•i:n�;�f'easible or I.encicr's sxyrity would be less�nod, the insurxnce pro�ef¢s shall k�e {iad to the sume
<br /> securod by this Securiry instrument, whether or not then due, with any excess paid to $orrt`i�+.�t, If�,r,r�abudona d�e
<br /> property, or does not�wer within 3q days a ne,tice from Lender that the i�uuranre c�rrisr,�if�,;�•���L'fercd tb'�u�_ ��m��
<br /> Lender may collat the insurasree pc000eds. Leider nuy us� �he prr�ceods t�wrcpair om whe�f the rnxip�yiva�. �� sums
<br /> �ewrod by this Sauriry Instrument.whether or not ttKn due.The 3Q�ciay pen beB� ! 8
<br /> Uniess Lender and Borrower dhervvise agroe in w�iting, any applicatiQn of procroals to princi�'��hall not eatend or
<br /> postppne the due d�te of the monthlY pRYments ref�rrod to in par�graphs 1 and 2 or clwnge the amouhy m�t,;th paYments. If
<br /> urlder pwr,�graph 2t the Property is acquirod by Lender,Bocrower's nght to any insurance policie3 ard prc�oi.^ads��d.!��f� , ��' .
<br /> datnagc,uti�a•t�e P:r,pe�ty prior to the acquisition shall p�w to i.ende,r.�o tt►e exteM of thc sums sa.t►rod 6y th�a Savrit}��iptili�eeeret ,
<br /> immodisr�:fl;'�;prior ro the s�cquisition. ',; ` , f;e�i,vtrhuJds.
<br /> 6.O�ditiupwcy,Preaay�Eion,Maintenanee�nd Protection aT�he ProPertY;Borrower s Lop�Applicadou:
<br /> Bornower s1W1 oavpy,cscab�ish,ard use the Property as Borrower's principal rcsidence within sizty days xlter the exxution of
<br /> •� this Socurity InxtNmrnt and shall continue to occupy the Prorerty is Bortnwer's princi{►al rGCidence t�r.•,nrleast one ywr+ifter
<br /> ' tt�e c1Ate of occupuicy,unlas Lender otherwise agrces in wri�ing, which consent shnll not be unreasp►ya�b'fy,Vvithheld,or unless
<br /> extenuating circumstynoes exist which are beyonJ Borrower's contml. Borrower shall pa des�r�y;���nma8e or imp�ir the
<br /> property, allow the Property to deteriorate, or commit waste on the PropeRy. Borrowca�.s'�.:iri be in dtf�ult if ac�y forfatun
<br /> action or proceedln�.whethor civil or criminal,��begun that in Lender's�a�f foith judgriunt could ts�ult in forfeiwre of the
<br /> Property or otF►eiwi�;��s+terially impair the lien c'.r,�;:,it�d by this Sxurity InstRU�:cte�t or Lerder's sec;unty;+nteresc.Born►wer maY
<br /> cure wch a dcfsult:��p�:rcat�swte,as providai ir��,::v;s�raph 1 S.by causing thG'tta!ir+n or proceoding to l►�u?i�missed with�ruling
<br /> that, irp,f�:�:md►:r's goiSu�aith deter�mation, pr,ey;»Qes forfeiture of the Borr•ri�4�r's interest in the Pt�erty or ottier nulerial
<br /> imprin'rptie•t:u mf t1x lien created a�`,'[hi.s �tcurity•�nstrumcnt or L.ender's secutity interest..l&xrower shi►3�also be in defwlt if
<br /> Burnow•u;;,.uwring the loan ap�lic���imr.•�Zt�nccss,gave materially false or inaccurxte infornu��iaara.�c staumenu to Len�u;r,(,oc failod
<br /> to prowida [.encicr w ich any mtiteresu erfmmu�ltion?in connoction with the loau►ev�denc�d��;v 1�`�e'I"lutq including,bud'rl�+t�imited
<br /> to, rcpres�ntuiom d-ancerning Borri?ti1�dr's cx���+:r�incy of the Property as a prio�icd��,�iicsi•tl�ai�.�c.'!�this 5eaitj;y.InurunfrnY i�on�
<br /> leasc.�lwld. Borrowrr sh•rll comply.�,i�1�5 a'Z;�iit.v�;;':r.•visions of thc lea.u. df�lY<y;;r�rr.tr,�tct{ulres fct�i�tflle'ir_T�•the Property, the
<br /> teasehold and the fx title shalt not�g����. �'4c•nder agc�oes to the merger i�r;���a�a:s't�pg;-;';,, , ,•. .
<br /> 7,.Plrotectian�►t I.enda''s RIi�U�t6�n t '�rti�pe�tY.If Borrower fai�s��pwti"tcasi��,Uir��:+�tre,e�ts tin��st��xmaits wn�ainod in
<br /> ehis Ser.a�ity instn�ment. ur there���legal proceetling that may signi!'iraer�eay.('f,ta�;:r l'u�nile%'s rights in the Pmperty(such as�
<br /> pnrx,00di�,g in bankraptcy.prc�a�u`,for co�tion or forfeiture or tb csr.fcr��.L;<«+s:'�:f.-,ir�:s�.ti�lations)�,tb�en��e+der rnay do ard
<br /> fa�wfiolevex'e.s� rra:essar�+Ra protoct tht v�lu�e of the Property and C.exai4ur�s^�gtits in�t�e Propeer.y i.eQder's �ct�cxis maf . ,
<br /> �i:.,w. .._„�,.., „t., ��,,,.� ..�c�,rnci�bv a liem witich hos nrionty over ttu;s ;.S=Larity Instnrment, ap�nng•in eviart, pa5+�ng'
<br /> rc,..,..r,.� �,..�...o —+ -'
<br /> as�c,�nabla�ttonKy�"fc,ts an►i enr4•ring on thc Property to make rcpairs.Although[..ender may take�cK�on unaer cnis Ewuag�
<br /> 7,Lender das iat have to do sc�.
<br /> Any amowits disbursed b,y L.erxier unJer this paragraph 7 sk�all becomc additional debt of Bornower sa:uraf by tlii�
<br /> Security Instrument. Unleu Iforrower arxl [.ender agrce to other terrns uf payment, ttxse amounts shall bear intzrese from tt�
<br /> date af disbursement ut thc Nobe rate u►d shali be pnyable, wi�h intercst, upon notice from Lerxier to Borrower rcyuesting
<br /> paYmrnc.
<br /> 8.MorlRage Itrwrance.If L.ender requira!�rwrtgage insurunce u A co:xlition of making trie loui savral by this Socuriry
<br /> Tnstrunxnt, Borrowcr shall pay ttte premiums reyuiroJ w nuintafn Rhc m,ort�tage insurance in effecc. if, fnr�ny rexson, the
<br /> mortgage insurance coverage rayuircd by Y.cnder lapscs or ccaccs to be in effaK,Borrc,wer shxll pay the prcmiu�rcquirtd to
<br /> ubtuin coveragr�wbstuntially eyuivalent ta the morigage inwnnce previously in�tfect,at a cost 5ubstantially eyuiv�lent to the
<br /> cost to E3cirrower of the mortguge +n�urancc proviously in effect,from an uttcmate mortgage insurcr�►pprovod by Lender. lf
<br /> ..,.<o�. fo.,n acse sno
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