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<br /> 98�1(�'7�750
<br /> 7'he f�uixls �huU lw I►�ld in un in�tituUon�vhi�so dc�tiits un: insurcd by a fciicnd agcncy, iiihtn�montntity. or entiry
<br /> (In�ludi���:l.�n:lcr,ii'I.�mder ih nuch nn in4�ituti.tinl��r in a�ny f•alcrid li��mo l.�nm Runk. l.endcr shull iipply the I'uad.ti tn puy thc
<br /> G+��»w itcmti.I.e:ndcr tm�y�n�it cl�urgc &�rruwcr for hnlding und applying thu I�undh.nnnunlly unuly�inl� thc cscraw ii�tiount,ur
<br /> vrriiyi�o�ti��;i:;cr�-�c�•ttcm:,ttnitx� !.:!u!^r rN�� H��rcou•cr intc:est un dic}'wxlr+t�nt)up�U�tiblu It���� {xrmit�l.cndcr tu mnke Fuch
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<br /> u chur�;e.Huwc��r. Lc»dcr muy�kyuirc&�rrowcr tu pay i+onc-timc churgc fur an ini cpcndum rcul c+u�ic i.u. ��Fr������r;.,�•.•��
<br /> ur,�J hy l.e�xler in ce�nnecti��n with thls fuan. unles� upplirablt law pmvides otherwi�e. Unlesti un uFreenwnt i� n�ade ur
<br /> uprllcublc luw rcyuims intcrest t�� t�c�+aiJ. IAixlcr nhull nut hc rcquirtivl to ps�y Horrowcr uny irtcrrst ar curningti un thc Funds.
<br /> tiurn�wer u�xl l.e�xlrr may ugre� in wrlUng,h��wevcr,thut incerest�h;dl tw paid cui►hr �undh. I.xnder tihuU give to Aurr�nvcr,
<br /> withnut churgc, un annuul acccxmting nf thr Fuixls, showing ctalics und drhits to thc Nu�xis urxi thc pur�x�sc far whi��h cach
<br /> dcbi�tu�l►u Foikl�w'u�uwdc. Thc i�umis arc p1e�1�;c�� Ns�eQdiii�m:�l+ecuriry tur all sums sccur��i hy Q�in Sccurlry InAtcumcnt.
<br /> 1f thr. Fu�xlr held by l,��xler uxeCeQ the unxx�nt�perinitt4tii w tx;helJ by upPlicuhle tuw. l.ender shall uccount tu Borruwer
<br /> fi�r d�c tacess Futxl+in aca�tdunre�vith the requiirnxnt�of applicablc luw. If the um��um oi the Funcis held by Lender ut uny
<br /> tinte Ir:ix�t,uflicicnt tu pay tnc k�crow Itcros whcn duc, l.zixlrr m•ry so notify 8nrrmvc�in w�idi�g,uixi.in auch casc Bnrrowcr
<br /> hhall pxy ta l.ender the unx�unt necessury to make up thc deCoienr,y. pc�rmwer shnU maku up the deficlency in nu mor�c thnn
<br /> twclve nx+mhly puynxntn,m I,cnder's sal�dinrntian. �.
<br /> Upon payn�ent in full uf at! sums secur�i by tlii� Security lnstrument, Lender shnll promptly refund to Barrower any
<br /> �unds tuW by I.enclsr.If,under purubrnph 21. l.endcr�hull uryuite ar sell the Property.Le��der.pn+�r t��the ucquisition or wle
<br /> af'tl�e Pmpeny. hhall apply i�ny Fun�iti held by I.cnder ut the tlnx of+icy�l.i.sicion nr wle u+u credit i�gainFt�he sum+�ecurcd b�
<br /> thisSccurity[nstnimcnt.
<br /> J.Applt�tiun af Paymen�s.Ueiless up�Ji.c�ablc law pruwid.cs�r.hei�+�i.se,;iJl�aymettls rcceived by l.cnder undcr yrr��t'a�hs
<br /> ( and ?,shall be upplied:Pirtit,to any pmpay�ttent ci.r,uges Q�c rxndc:r.tl�e Nr�r.e;seca�ixt.ea:t.tnaunts paynble undc�y:�"�rxph 2:
<br /> third,to interest due:faunh, to princip�al c�ecc::a��d[:s.u,r,w a��N Ence r,t�arges cf�i�uncter th�Hc�te•
<br /> 4.Chary�es;Liens.Borrower shall�pay aRE t;aces,:sssessr.nents, ch;rr,&e�s, iines and impositians at�rit�utaDte to tl�re Prr�perty
<br /> which may attain prlority aver this Secu�ty Ins�rnenent, and' fe:uel'�old �a�+rr�nts or ground rents, it any. �onrower shall pay
<br /> thcu c�bliguUuns in the nwnrrcr pracided in par-�.,.;rs�rh?• a�r i.f�t��id in ttw¢manner.Borrowcr shull p:�y Elt�:m on ti�i�Y
<br /> tc�tbe penan owed payment.Bonrower shall prumptly furnistti:r,o I.ender a!D nutices at amounts to be�id ueeder this �
<br /> 16 Bonrower mulces these payments dir�ectly,Borrower shull pn�mQtly fumish tn I.ender receipts evidene�ng the paytr�nts.
<br /> �oesower shall prumpdy discharge any lien which has prionty aver this Security Instrument unless Borrower.(�)aerees in
<br /> writing ro the paymcttt of the obligation secured by ttie lien in a manner uceeptnble ta Lxnder;(b)cuntrrsts in good 6aith the l�en
<br />� by,or defend� agumsr, enfunru�ut uf the li�ri in. Icga!proceedings which in the Lender's apinion operate to prevent tt�e
<br /> enforcr_ment of the l�en;or(c)secures from the holder of the lien an agra:n�ent satisfactory to I.ender�¢bordinali��g the{ton to
<br /> this Sccurity Instrun�ent.If L.ender determines thut any part af the Property is subject tu a lien which n�ay uttain priority over
<br /> this SESUrity Instrument,I.ender c►�a,y give Borrower a notice tdentifying the licn. Borrou�er shall sutisfy the lien or take one or
<br /> more of'the actiuns set forth u6o,wc E�i��'i-�� l0 days of the giving of nutice.
<br /> S, tIazard ur property Iny�•r�,rr,�. Borrower shull keep the improvements now existing or hercafter erectod on the
<br /> Property insureci agninst loss by tir. d�axuds included within the tenn "extended coverage"and uny ottier hazntds.including
<br /> tloods or flooding.fnr which Lendea erquires ensoxance.This i�surance shall be muintaine�ln the amo�unts ancl for the periods
<br /> �i�at I.rncicr«yuires.The ins;.:,�r.� :urier pratiQ€ag t4te f���rnnc�shalt be chasen by Borrower subje�n a<<�l.ende��e�Iar�d i�
<br /> whic!m shaU not be unreasonab!}r w�::hheld. If Bomawer fsils to maintain coverage described above, I.e�xRer�nay.•
<br /> optie,q�,abtain rnverage to protect Lcnder's rights in the Praperty in xcordarcce with puragraph 7•
<br /> A!1 insurunce pnlieles and renewals shall be acceptable to Lender and shall include a stendard martg�,e ck�usa.I.ender
<br /> slull have the rigfrtc eu+hold the palicies and renewals.if Lender requires,Borrower shall promptly give ta E.cnaler all e�eeipts of
<br /> � paid prcmiums an.t r�,nawal notices.In the event of loss.Borrower sha1G gave prompt notice to the�nsur�rzr�-�:carri�����r. '
<br /> L.ender may make proof of loss if not made pramptly by Bot�uwer.
<br /> Unler.�5 Lender und Borrower otherwise a$roe in wntin�,ir�urance procceds shall be�ppliod to restoration or r�pair of the!
<br /> Prop�rty dat►iagsd.3f the rcstoration or repair is cconomicalty ticasible and Lcnder's s�xurity is not lessened.If the reston►tion or
<br /> repair is not ernnomicapy feaslble 4r Lender's security would bc tessenod.the insurance proceeds shall be appfied to the sums,
<br /> scxured by this Security Instrument. whcther or not then due, with any exass paid to Bonow�r. Tf Borrower abandons the•
<br /> propeny� or das not answer within 30 clays a notice from [.ender that the insurance carrier has offe�ed to settle a claim,then
<br /> Lender may wllat the insurance proceeds. Lender maY ux the proceads m rcpair or resmre the ➢'e�operty.or to pay sunu
<br /> securecl by this Secudty Instrument,whetlxr or not then due.The 30�day period wi��be8tn when the notia is g�ve�i.
<br /> Unless Lender and Borrower cxherwise egree in writ3n�, any application of pr000eds to principal shall ar�t¢�nts. If
<br /> postpone the due date of ths monthly payments refemed to ia paragrnphs l �nsucar►ce polt�ti s�untroc�s re.sul�ing from
<br /> under paragraph.2�tS�e Property is acquired by I.ender.Butrower's right tc?a�►y �p
<br /> d�magt to the�o3�e�rsy prior to the acqu�sition s'eall,pass to I,ender to the�r.v;•nt of the sums secure.��y 2����u�t3'Instrume�t,
<br /> ' � imn�iatFly pd'or to the acquisitian. • � •,• . • ,
<br /> cG,{jCCUPancY.PnservrHon,MaintenaMr auad 1P,'ir�olec;tla,m oi the PropertY,Borr�m�w+��rss LoAn t�pplkation:Leaqefw�ds.'��
<br /> .1}�a�,ower shall oocupy.establish.nnd use the propc�ery- ns A�rr�w�r's principal residenoe���i:hin siaty days after t6e�r,�cutian bf
<br /> �`� uR�i�5ecurity Instrument and shall continue to oa:upy �t�e�oPenY as HorrowePs principal residence for at least or�a year after
<br /> ,stte ctale of occupancy.unless Lender othenvise a+�R�cs sa�,w.ritmg, which consent shall not be unreasonsbly withhe�d,or unless
<br /> � 'eater��iating circumstanas exist which are bey�mid B3qm�wer's control. Borrower sh�ll not desttq�1r, damage or imp�t►ir the
<br /> pm,�hty, a�low the Property to dcteriorate. or comnn3Il wxiste on the Property. Borrower shall t►e i� Jefault if any forfeitum
<br /> acti��m or proc:eeding. whether civil or rriminal,is begwa a�hnc�n Lender's good faith judgment wuld nsult in forfeiture of tlx
<br /> p►�ercy or otherwise materially impair the lien createai L���a�h;s 5ecority Instrument os I�ender's se:curity interGSt.Bocrower maY
<br /> cure such u default end reinstate.es provided in paragruph [�,by causing the actton or pcanceoding to be dismissed with a ruling
<br /> that. in L.etxler's good faith determination, zazludes farfciture of the Borrower's intetr,st in the Property or other materia!
<br /> impaimxnt of the lien created by this Sixu+�r�ay :I�nsuument or I.ender's securlty interest. Borrower shull also be in default if
<br /> . Borrower,during the loan application process,gnve r�nateri�llv false or inuccurnte information or statements to Lender(or faii�xi
<br /> ¢u��rz�tide Lender with any muterial infurmationl �in c:�r.r.���Yit�m with the loan evidencod by the Note, lncluding,buoR tat lintitod
<br /> xn,R.c,a:.sentations coRceming Hottower's oc¢up�nsy n,�t���'��,i�nY�a princlpal residenca If this Security I�t�r�ur+e�t�t is on a
<br /> �psmST.hd��t. Borrower shxll comply with �I the �.�z�*b�ng�:�-� cr(.the leasc. If Borrower xcquires fee eicle to the �]Pt�-�,�e�ty. the
<br /> Ieasi�haid and ti�f.ee title sh�ll nat rt�erge un➢es�1Lz��'.ev ua�:�eP's to the mcrgcr in writing. �
<br /> 7.protertiom c�f I.ender's Ri�Ks ioa tQ��3�mp+trty.if�Borrowtr fails to perform the covec�ant�•�:Y"�:*'�a►nents contair�ed i«.
<br /> tris, Securiry tascts�ment. orth�re is�PegaC proceeding Q�t may signiCcandy affect Let�der's r.igkr.i�r:'sr,ii�ie PropertY(such xs�
<br /> �roc�alifl�in bari�rupcey.pcabnte. far cortdemnattort erc f«r�.'�iture or to enforee(uws or n.•guL3tzonsl.then I�eadec may do urd
<br /> �xip for whatever is�ectssar�+ co protect tho valne o� riie iP����xRy utxi Lender's re�[�ts itii cl�e Property. I.en,der'�xtians may
<br /> include paying :u�y sums sccured by a lien whicR [tas I�j:.srity over this Securic�+ F��stivmeru. appearin8 in court. paying
<br /> _.�_n�. .e........Lo r.+noirc Altluu�oh I QrtdPS IlliV t:�ce a�et�on under tMs paragraph
<br /> (qSOIIAQIC 9ROmeys iCCS anu coici in�vu u�ti a..,p...,T..••....-•�.•.�.--__..»...__o. . . -
<br /> T,L.ender docs not have to do sa.
<br /> Any'umounts disbursod by Lender undcr this �r+ragr.aph 7 shall become additional del�t of 1�umower secured by this
<br /> Sctiurity InstrumenG Unlass Borrowcr 3nd I.ender ag�a:t����ther tcrms of payment. these amounrs siiall bear interest from thc
<br /> date of disbursement ut !hc Notc rate and shall bc puy�d!�!�e, wtth intcrest, upan noticc from T�nd�r ro Banowcr requesting
<br /> payment.
<br /> 8.Murtgs�ge Insuranee. If Lc��der rcquirod mongage insurance as a condition of making the laun secun�d by this Secunry
<br /> Instru►r�nt, Borrawer shall pay the prcmiun�; required to muintain the nwrtgage insurance m effect. If, for any reason. the
<br /> martgage insurance cover�age requind by I.erxier lepses or ceases to be in efiert,l3arrower shall pay the premiums requinxl tn
<br /> obtuin c.�ovcragc substanteally cyufvalent to the martgagc insurnncc previously in effect,at a cost substantially cquivalent to the
<br /> mst to Horr�wcr of thc mortgage insuranrc previou,ly in effect,from an altcrnate tmirtgagc Insurcr�pprovcd by l.e�xicr. If
<br /> � � � P,q.,o�. Fonn 3029 ar90
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