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<br />—•_•� � TOGC-THER WITH �N ths Improvanente now ar hereaRer ereoted on the propnrty, and aN eesemente, �ppunenanc�a, and
<br />°—° }Ixlunt now a herNhM�part of ihe property.All npNtc�n�nte end addfUona ah�ll alao be covered by lhls Sxuriry Inetrument.
<br />.;;,,;;,,_�� ' All 01 the torepoinp I�rMerred to In thia 3ecurity Inotrument�a lhe'Property.'
<br /> B�IORROVYEp�Ct.yAVENANT9 that Borrow;Iun���H��c�opt tor entcumb�i cas of yr�o d a Borrowerrwarrents rend wW s�°�°
<br /> TM�•�, conv th� Pro �nd that ths Roperty
<br /> �.�5 d�fend p�mnliy th�iMl�to the Property agtlnst�N cl�kna�nd demande, eubJect to any encumbrencna at recnrd.
<br /> .,'„ THIB 9ECURI1Y IN9TAUMENT combin�s unMorm covm�nts tor n�tiond uaa �nd non•unitortn covemnte with Iknited _
<br />� " vari�tlons by Juriadlotlon to con�titut��unlform t�curlly Inttn�mmt coverinp rwl prop�try. _
<br />�"=-;` UNI�aflM COVENANT3. 9orrower�nd Lender covenmt�nd�pree en foAowa: P P� P y F
<br /> �,-..$� 1. P�ym�nt of Prinalp�l and Int�r�st; Pr�p�ymmt md L.�t� Ch�rp�s. Borcower ahdl rom . when
<br />�,_,�� duo tho princlp�l nt nne lnte+est on the debl evldenced by lhe Note nnd any prepeyment and late cherges due under the Note.
<br /> °_�_ �. Funds for T�uas �nd Insuranes. SubJect to�pplicable law or to� wdlt�i walver by Le+�der, Oorcowcr shcll pny �
<br /> to Lmder on th� dny monthy p�ym�nts�re dw undM th� Not�, until ths Nots It pald In IuN, � eum ('Funda') for. (�) yeuly
<br />_`�..� taxe� �nd �ansaements which may �tt�ln prta►l►Y over thla Security Inatrument �s a Ilen on the Propertyr; (b) yarly le�aehold �
<br /> -- paymmts or pround renta on the Property,M �ny; (o) ye�rry hazard or property Insunnce premluma; (d) yearty Aood Insurance �
<br /> , „ pr�►Aums.M�rry:(�) yMr1y modg�pe insunnce pramlums,H my:md (Q any aum�payabl�by Bortower to Lender In eccordanca 1
<br /> �+ with the �rovinlona of pangraph B, In ileu o} the p�yment ot mortgege inaurance prertdumo. These Items aro caAed 'Escrow
<br /> " �tem�' Lendar may, at any tkne, coHect and hold Funds in �n amount not to exceed the maxlmum �maunt a IendEr tor e
<br /> `=:�_ tederaMy rel�ted morty�ye Ioan may requke tor BoROw�ie escrow account under the irderal Real Estnte 3etUement Procadures O
<br />-°�a� Act o1 187��e amended hom time to tkne.12 U,B.C.�2501 et aeq. ('RESPA'), unlese another law that appYes to the Funds �
<br /> ,�,�� aets� lesser amoun� if ao, Le�d� may,at eny time, coMect and hold Funds In an amount not to exceed the lesser smount.
<br /> �_�� Lender trMy eslknate the�mount o1 Funds due on the bants of curtent dat�and retaonable estknatea ot expct�ditures of tuture
<br /> =--- Escrow Itans or otherwise In eccord�nce wNh�ppNc�tila I�w. �
<br /> Tha Funds sh�N be held in an k►etkutbn whase deposRe�re Ineured by a fedenl agency,fnswmentality, or enlity (Inciuding
<br /> Lsnd�r, N Lander Is such m hstkutbn) or In any F�denl Homs the Fund� snnus�anaN inpthehescrow acc unt,torve��g
<br /> — ftana. Lender mRy not charqe Bortowar tor holdinq md�pptyMp NY � �
<br /> �,� the Eacrow Items, unleaa lender paya BoROwer tnteroal oii the Funds and appNcable law pmnite Lender t� mi+ke such s _
<br /> chupe. However, Lender may raqulre Bortower to pay o onatime chuge tor an Independent ral est�te tax reporUnp nervice
<br /> us�d by Lender In comieution wNh thla loan, unlesa appNc�ble law provldea otherwise. Untesa en agreement la made or
<br />�� appYc�bb law requkea Interest to be pafd, Lender shatl not be requlred to pay Bonower any Intereat or eomings on the Funds.
<br /> Borrower ond Lendx mty ayree In wrUlnq� huwever, that Interest ehall be pald on the Funds. Lender eh�A Qhre to Borrower.
<br /> without chupe,an �nnual accounting o1 the Funds,showinp credtta and debke to the Funds and the purpose for which eech
<br /> -- d�bit to th�Funds waa m�da: The Funds aro pledged as additlonal security tor�N sums secured by the 3ecudty Instrumer►t.
<br /> I}the Fund� hdd by Lender exceed the �maunte partdtted to be held by �ppNc�ble kw, Lender ah�ll account to Borrowe►
<br /> iw ths exc�ss Funds Nt�ccord�nce wfth the requkementa at�ppNable kw. If the �mount o1 the Funda held by Lender at�ny
<br /> tMne Is not aufAdent to p�y the Eac�ow Items when dus, Lender msy so notHy BoROwer in wdtiny,and, In euch cise BoROwa
<br />---- nhaA pay ta Lender the�unount neceseary to m�ke up the deAciency. 8orrower ahaN rtwke up the delldency in no more lhan
<br /> � twaNe monthy paymenta,at Lander's aola disaMlon,
<br /> Upon p�ymer►t In tuN of aM sums securad by this Securfly Instrument, Lender nh�N prompty ralund to Borrower any Funds
<br /> ndd by Lenda., ii,�i��a�:nGr.�sh�!, l�dsr eh�!! eC^�!L►w or tseM the PropertV. Lender,prior to the acqulskion or aale of the
<br /> ___ prop�ty, sh�N �ppy�ny Funda h�ld by Lendx�t the Ume of acqulsklon or sale �e a eredit ag�hst the sums necu►sd by thia
<br /> _ SecurNy Inatrum�n�
<br /> 3. AppllCStlotl of Paytn�n�tunlesn appNcabl�cherrea due utnder�the Note�aeeond, to avmounte payable under
<br /> puayraphe 1 �nd 2 eh�N be�ppNed: Y P�Ym G
<br /> _____ paagraph 2;lhird,to Intxeat due;tourth,to p�kicipd due; �nd laat,to uiy kte chargea due under the Nots.
<br /> 4. Ch�rp�s; L.I�Ol. Bortowe► eh�M p�y �N tucea, rssessmenta, ah�roea, fines and knposltlona �ttrlbutable to the
<br /> property Wh�h may atWn prlority over this S�curHy InaWment, �nd letsehold p�yment9 or pnund renta,M any. BoROwer ehaN
<br /> pay these obNy�Uoos In the m�nner provlded In puayn�ph 2� or M not psid In that m�nner, BortowK ehaW pay them on time
<br /> direoUy to ths person ows�! P�YM�n� Borrower nh�M prompty tumish to L�nde►�N not�es of unounte to be pdd under this
<br /> par�gnph, If garoryer m�kes thess p�yments dkscUyr, Borcowa ahaM prompty tumlah to Lender recdpta eYidandng the
<br /> pllyments.
<br /> Bortower shNl promptly dianharge �ny Ilen whlch hae prtorNy aver thl�3eauity inatrument unlesa BoROwa: (�)a9reea In
<br /> wMdnp to the payma�t ot the obNp�tlon aecurod by the Nen In e manner acceptabie to Lender, (b� contests (n pood faith the
<br /> Nen by, or detends agahat enforcement ot the Nen in, lepd proceedk�ys which In the Lender'e opinlon opente to prsvent the
<br /> e�torcement of the Nen;or (o)securea from tlie holder ot the Ilen an aqreement s�Ustactory to Lendx subordinatNg the ilen to
<br /> thie S�curlly Inetrum�nt.If Lend�r d�termin�s that any part ot the Propertyr is subJoct to a Ii�n whloh may att�h prlo�ity over thi$
<br /> 3acurMy IneWma►t,Lender nxy pive Bortnwer a notice Identtfyinp the Aen. Borrower ahaM aatlafy the Non or U{ce ons or moro of
<br /> ths acibns set foRh above wRh{n 10 daya of the pivhg of notice.
<br /> 6. H�zi�d or Prop�rty Insur�tlC�. Borrow�r ehaM keep the Mnprovements now exlatk►g or herafta K�abd on the
<br /> RopeHy Inattrod ay�inat lose by flre, hw►da �ndaded wfthln tha term 'extended covenpe' And any other h�rarda,induding
<br /> 1loods or lboding,tor whiah Lsnder requkea Inauruice. Thls Insunnce ehall be malntained In the amounts and tor the petloda
<br /> that Lender requkea. The Inaunncs cartlx providNtg the k►surance ah1J1 Ee ohosen by Borrower eubJeot to lender's�pproval
<br /> wh�h ah�M not be unre�son�by wRhhdd. II BoROwer 1�Hs to malntairi coverage deacrfbed �bove, Lender rtuy, at Lender'a
<br /> opUon,obUk�covuape to proteet Lender'a riphta In the Propaty In�ccordance wfth pmyraph 7.
<br /> AW Ineurance poNclea and renewals eh�l be tcceptsble to Lender snd ahaA Include a stsndard mortAnge clause. lender
<br /> ehNl heva the ripht to hold the policlea and renewda. It Lender requkes,Bortower sh�A prompUy QNe to Lender all recdpta of
<br /> --��-� Lt+idxrmay m�ko proof ot lo etiH not made prompty by Borcower�8h�n give prompt notice to the inaunu►ee cartler and Lander.
<br /> ---° Unieas Lender end Borrower othawise�gree M wrking, Inaurcnce proceeda ehsY be appNed to neato►�tion or ropalr of tha
<br /> '-=�y'-�`' Properry demaged� B the rostotaUon or repak la economicaly taasible and Lender'a aecurity Is not Iesnened.II the restoratlon or
<br /> __�� repalr Is not econamlc�Ny fe�sfble or Lender's�ecurtty would be lessened,the Insuru�co proceads shall be eppNed to the euma
<br />�z'�9�.'� secured by thls Sacutily Instrument, whether nr not ihen due, with any excess pald ta Bortower. tt Botrower sbendone the
<br /> '�����` Property, or does n�t answer wKhin 30 daya u nolice hom Lender that the Insunnce carrier haa ottered to sattle a claim,then
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<br /> -t•"_•`�•' Lender may coNeat the Insurence proceeda. Lender may use the proceeds to repdr or restore t e perty or to pay eums
<br /> : :._� ' aecured by thle Security Instrument,whether or not then due. The 30•day pertod wiY bepin wlien the notice Is given.
<br /> '"= Unlesa Lender and Borrower olhawise egree In wdting, any appHcadon ot proceeds to p�inclp�l ehaA not extend or
<br /> f��� • postpone the due date of the monthy paymente reterred to In parngr�phs 1 �nd 2 or change the emount of the paymente. If
<br /> � �y,.� ' under paregreph 21 the Property Is acquked by Lmde�, Borrower's right to any Insunnce poAcles and proceeds resuking hom
<br /> damage to the Propeity prlor to the acquisRlon ehall paas to Lender to the extent of the sums by thla Securtty Inatrument
<br /> •:";�____ Immedlatery pdor to the ncqulsltion.
<br /> __� n..���f� .i �1.� D...w�.a..� Anr��ui��'� 1 nfn
<br />','L4a�l;=`� 6. occupancy, Pt�s�rva[IOn� triwitninanci �na r�v......... . ...� ...r�•`s• — •_.�_•_ °--
<br /> ' �. Applieation; LAas�hOids. Bortower shell occupy, esteblish,and u�e tho Property sa Borrowa►'s principal resldence within
<br /> sixty days nfter the oxxutlon of this Secudly Inatrument end sl�all continuo to occupy the Property es Borrower's princlpal
<br /> �•, rosidence tor at toast one year after the date at occupanoy, unleaa Lender otherwise aqrees In w�iting,which conaent ehaN not
<br /> 'i be unreasonaby wlthh�id, or unlass extenuating ckcumstances exist whlah are beyond Borrower's control. Bortower shall not
<br /> ' destroy, damage or Impnir the Propeity.allow tho Proporty to dotetiorate. or commit waste on the Propertyr. Borrower ehnll be In
<br /> default it eny fortelture nctlon or proceeding, whether civll or criminal, Is begun that In Lender's good talth Judgment coutd result
<br /> In foAelture ol tho Propeity or otherwise mateitally Impalr the Ilen created by thls Security Instrument or Lender's aecudty Interest.
<br /> rj��� p�t� i< < .
<br /> . ' F,a,o.�nna c+�n Poq�i of s �-�'iJ' ,�-•---
<br /> 91170
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