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<br /> TO�ETHHR WRH eIi the improvementa now ar hareafter ereoted on the properyl, ned ali easements, appuRenances, end i
<br /> t6c4uros now or harearter e part of th0 O�oP�1Y•A��rePt¢eeme^ts snd addBions shap a�o be covered by this Security InsWment.
<br /> • AO ot th�loregoln8 ts rc,te�4 to In thls Securtty tnaUum�t as the"Proge►yr.' �
<br /> BOfEiOWER COYENAMB that Bo�rower Is InwN��y seized of lhe estate �ereby conveyed and has tho rlght to grant snd
<br /> � oonwy tAe property ond that the Property ls unoncumbuCd, t�'Rt for encumbra�uea of recorC. 8orrowar wartent8 and w(0� .,
<br /> depend yengraly the tft�i to the Prop`rty eQstr+st flll etaHns and demands.subject to enY encumbranaes ot recotd �,
<br /> • TH19 SECURITY IN&TRUMENT combinos unNOrtn covanants tor natlortel use and �orrunitarm covav�ente wkh Iimited�
<br /> varlatlon9 by�u�tsdletian to constlNte a unitor*n securtty Insdument coverhp raal propeny.
<br /> " UNlFOAM COVENkNTB. Boaowar and Lsnder eovenant mentee^d���Char ea.Bortower shall promptly pey when �
<br /> 1. PayJment ot Prtnefpal end Interest; P�epay 9 .
<br /> duo thep�holpai ot and inierest on the debt 6videneed by Me Note and any prepaymenQ end tata cflarga:�duo under tho Noto.
<br /> 2. Funda tor Taxea and Inaurance.�,bleoe to aoa�� nw or co a�ce�+waroer br�enaer,�orrawet shal!pt�y
<br /> to tsnder on the day mqnthly paymen4s ara due under the Note,until the Note Is paid h full,a sum("Funds')tor. (a)yeady
<br /> t�eg and nsspssmgnts whbh may attaln Priority ovsr this 8eeurfty InsUument as e Uen on the Property; (b)yearly leaseho►d .
<br /> .,� ;
<br /> � � paymenta or ground roat� on tha PropeRy, i!any: (a) YearN Narard or properly ie+euenea premluma� (d�YeartY Ebod hsutBnCe i:
<br /> � premiums�H anYC(e)Yearh►mQrWa98 hsurertce p�emiums,if anY:aed(�eny sums payab�by Bortower to Lender h accordanee �� .
<br /> wtth the P�vi�fona o1 pare3reph 8. !n tieu ot the PAf►me�t of moRpape Insurence premiums. These kems ere caued 'Escrow • •
<br /> , � �t�� Lendmr rnay,at eny Ume,eoltaot and hold funds U nn emount not to ezcc�ed tha maximum amoan4 a tender for a ',f,,;<`:y
<br /> ted�l�y related mprt�g� �pan nuiy rgpulre tor 8ortowers escrow axount unde►the tvderat Rsul Esffite Settien'�ent ProCedures .
<br /> ,_�,a:?
<br /> qct pt tglq pg ame�ded hom tYne to ttn9,12 U.SC.�2601 et seq. ("HESPA"),unlass another taw that eppues ro tAe Funds �; :_-
<br /> seta a leggqr emounL If eo,Lendet may,at any ttna, cofleot and hold Funds b an amount not M e�u�ed Me lesser amount ,-;�,_
<br /> LEnder mqy estYnBte the emount ot Funds due on tha besis ot curtent dafe and reasonable estimates of expen6RUres o}h+wre :i_-
<br /> fiSCrow IIBmS or otherwise In eCCOrdenCO with 9ppGCab19 Iaw. .�^tivi�
<br /> . '.'�� ?he�urtds ehali be held in en instNutbr�whose deposits 8re hsured by�lederal Agenay.MSbttmetlWlRy. or en�r(hCUdhg 9 =_
<br /> 6snder.q L,ender Is such en instkutton)or in eny Federai Home I.oen Beek. Lender�hali e�DN the Funds to pay tRe Escrow --
<br /> Items. Lendar may not cAarge 8ortowar for hotdfr�g onC upPy1np the Funds, anouaa anay�na tha escrow BaconM,or varityhg ---
<br /> the Escrow Itema. untess Lendet palfs ��TOw�h�t on the Funds end app�.ibia law �etmRa L�nd�r to rtw•e euch e ^
<br /> ehaBa-Mowever� Lender may requfre Borrower to PaY a on�tMe aharpe Ides otherw els �Untess a�eamsnt Is made o�r ��'�-
<br /> used by�ender in connecdon wiU► this toan. unbss ePPlkebte law prov ,�
<br /> � q9. uppoanbg �aw reQukas hterest to be D�, Lender shalt aot be re4uired to Pay Bortower eny hterest or eamMps on the Funds. i-',:_.
<br /> Bortower and Lender may agree N wtitin9. however, that hterest ahaU be Pa�d an the Funds. Lender shalt qive to 8ortowet. __
<br /> wdhout oharpe.an eenual acaounthg ot the Funds, showhg cred�s and debks to th9 Funds and the pu►pose tor whbh each
<br /> ''� debh to the Funds was made. The Funds ere pled8ed as addidonei seourNy far a!!wms secutad by tAe Secunly Instrumen4
<br /> If tha Funds hetd by lender ezceed the emaunts permitted to be held bY aPP���'�����Bhail account to Borrower
<br /> for the e�ccess Funds M accordence wftA the requtemeets of appticable law• li the amount of the Funds hefd by Lender at any
<br /> tire is not sufftclant lo pay the Escro�r itsrns vlhen dua,lender may so notiry Bottower in wcithg,end,in suoh case Borrower _
<br /> � shUl pay to Lender the amoant n�cessery to make up the de8olenoy. BoROVrer ahall make up the detiatenay h no more than -----
<br /> �' tweke monthy paYments.at Lender�sole discretbn.
<br /> .... !!F'� F°Y^""'t h tuu of aD sums aecared by this SecurkY insuumenf.l.�ende►ahaQ prumplty cetund to Borrower any Funds
<br /> . -'� heW by Lender. If,urtd¢�Para9raph 21.L6�tde►shsp flCquire ot seQ the PropeRy.tanaer,Prior co ene acquisflio�w ew+e��t�ro
<br /> y. Propa�ty,shalt appy any Funds hefd by Lender at tho tlme ot acquisiHon or sale as e credk against the sums secured bY thb
<br /> . �' �u3�AppticaUon ot Payments. Untess apPOceble law provides ot�e�wBe' eU PaY�� ��d bY �� unde►
<br /> � � parepnphs 1 and 2 sl�atl be app0ad: fYSt. to any PrepaY►nent oharpes due under the Note;second,to emounb payabte under
<br /> . . L. D��Ah $thYd.to tnterest due:touAh,Do Prhoipat due:and 1ast,to any ksta oharpos due under!he Note.
<br /> --- '- 4. Chargee; Uena. eomower shan vay aii mxes. assessments. Ch9r�� flrtss and -6npoa�lasts t�ulebl9 to t1i9 �
<br /> Prope�ry whtah maY��p��Y�thLS Securiry lnatrumen�end leasehold payments or yround rents.N any. Botrower shap
<br /> pay these oblipatfons b the manne►provkled b Para9rePh 2, or H not patd h tliat menner. Borrower shatl paY them on time
<br /> dtgctty to Me person owed paymen� Borrower shail prompty fumish to Lsnder aD notices of emounta to be paid under this �t.,
<br /> , paragrapA. If BoROwer makes these paYments direcUy. Borcower shen prompty h+mksh to Lend� reoe�pts a�idenoh9 the
<br /> paymenls.
<br /> Barrowe►sAan prompty discharge eny Ilen whbh has prbrtly over this Securiy lnstrument unless Borrower. (a)a9rees b
<br /> � • wrthg to Me payrnent of the abiipatbn seeured by the uan In a manner aeceptabl� to Lender. N)cornests t�pood faRh the
<br /> _,_;.,,,. • Ifp�by,or detends a0ainst entorcert�►t of the uen h,Iegai proceedfngs whkh tn the Lenders ophbn opxate to prevant ths
<br /> ."�,."'":�� v entorcement of the tienp or(c)secures from the holder of the pen en ayresment aetlsfeatory to Lender subordhath0 the Ren to
<br />_ .: Secu�ly�n�strument,t,ender may p e�8omower a��b8�Y�en.Bo�row�er shna�the Iten or take on or ym�ore of
<br /> � the actbns set forth above wkhln 10 days of the yNYsp ot notice.
<br /> S.H��� or Property lasurance.Borrowet eh811 keep the ImptOVe�nBntB nOw exG9tM1Q 0�het6aftet eroGtOd On the
<br /> • � P(Op6Ar hBUfed 8Q91fISt 1088 by fl�8�hB?eld8 hCkldBd wkhN 1hB t9rt11'6�Reftd6d CCVB(88B"and any other hamrds, hQ1ldif1Q —
<br /> '� .i fbods or fbodlnp.tor whtah Lender requlnes hsurance. Thts insurence eha0 be"�t^tahed In the emounts end tor the perbds
<br /> . �fch shall no�be unreasonaby wkh�, pr�o�O+rrowher faAs maM1nN coverape bydes�r��ed above,�ler►der rtby�at L�en�dere
<br />._ •����_ � optbn�obteln coverep0 to proteot lender's tlphls h the Prope�ty h sceordanee wM pe�4�Oh 7.
<br />:�.,. � AY hsuranoe POlicies and renewels shalt bs ecceptabta to Lender and shet holuda a standArd mortq�pe olauae. Lender
<br />;_.. shall heve the rf�M to hold the polbles end ren�. If Lender requtres� Borrower shall promptqr ONe to L.ender aU receatu o1 `—
<br />-- � � • peW p�emtums and renewal notk�9. In the evenl o f loas,Bortawer s h U l g)ve p r o m At nottce to the Insuranee cartter end Lsnde►. .__
<br /> Lender mar meke proot af losa If not made prompty by 8orrower.
<br /> ',� Unless Lender and Bomower otherwlse a9res In wrUine�hsurence Proceeds ahaU be applled to restorstbn ar roPatr ot Me
<br /> f PropeAfr dertte0ed,N the restoraUon or repalr is economlCaGy fsaelbte md Lenda�a sewrity �S nat lessened•M the rostoraUon or _
<br /> repair Is not eeonomicatry faaslble er Lender's securtty woub ba lessened,the hsurance proceods ehaU be epp6�d to 4he sums _
<br /> . � seoured by thls SeaurltY Uatrumer►t,whBther or not then due, wkh eny exesss Da�d to Bo�rower• �t eortower abandons tn� _
<br /> ` PropeAy. or does not answer wkhtn 30 daYS a not6oe trom Lender that the Nsurence cerrler has offered to settie a ctatm,then __
<br /> ; 4 Lender may colieot tha hsurer►ce procseds. Londer may use the proceeds to repalr or restore the Propc�ttY or to pay sums —__
<br /> s a9cured by thls Securlty Instrument,whether or not then due. The 30�day parlod r8I be0h whan the noUce b�Nen.
<br /> � . y Un6ess tender end Bofrower othmwlse ayreo h w►khg. any aPPl�atlon of proceeds to primotpal shaY rto! mca►d or _�_.
<br /> ' :'�:•� postpono the due date of the montbly psyrt�enta retettod to k+ para$raDhs 1 and 2 or ehenpe the amount ot the ps�rtc�•II ��
<br /> . � under panagraph 21 th8 Property ls eaqutred by Lender, Borrowe�'s rqht to any„suronae pollcies and proa�eds resuhhg from _�:
<br /> ...., damapa tp the prcperAy Pr[or W the acqulskfon shall pass to lendet to tho �ent o! the sums by this 3ecurity InsWment c�,
<br /> r..��n�euinr te thA seauisklCn. �,'�
<br /> ----- --- _._ APPItc Uon;pLea�se�hotds�.sor�ro�'s�an�onctceuar.es��sn�drose t1�0pProDertY fls Bortowar's pfinclpsl tesldenCe�r�ln
<br /> sbrty Gays after the executlon ct thts Securny Instrument end shall contEnue to oecupy th� Propert�r as Bortowers pr(rtaWat
<br /> restdenae for at least o09 year aiter the date of occupanay,untess lender otherwlso egrees N writ�g,whbh con8ent shall rtot
<br /> be un�oesoneby wRhhetd,or untesa extenuating etcumstances exlst whbh are beyond Bono�wers control 8ortowe► shaU not
<br /> • destroy. dams0e ar Ynpair the Property,albw the Properiy to deteriorate�or conunit waste on the Props�ly.BamDwsr shaU bo h
<br /> detauQ ff any lortefture a�tlon or proeeed�g, wheiher cIrII or crtminal.Is be8un tAflt in Lenders good tafth juCgmont coutd cesuR
<br /> h foAeEWre of the Property at otRErwtsa materiaty h�paY the Ilen created by thls Securny lnsUUment or Lenders secunly interast.
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<br /> � cta+a.11AO(f/071 Pap�p ot 8 � .
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