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<br /> .�� E.rNIFORMCOVENAN'FS.&isrowerandlxndercovenaaraadagreeas.fcY�tElv�s:�,.-_ . �Q�o�S�� - ,
<br /> � f � t.Payusenc oE Princip�i:nd lnterest;Prepaymeat aad,Lst�C6atges..BuitWwer shall promprl}pay when due che �
<br /> � principal ot and iqterest un ihe debt rvsdenced by che Naie and any ptKpaysm�st,�Cic��;�Fharges due under the Note.
<br /> � 2.FundsforTa:es and Insurance.Subjecc cu appficabie�lavr.c�r.w y'wsirrcct,�aar�by I.ender,Be�sower shall pay co
<br /> . • , l.ender on che,day moncaty paymencs are due under the Nofec odfi��th�,I�a���is;�s3i ;+q,(uU,a sum("Funds'1 equal co
<br /> • one-cavelhh of:(a)yearig ca:es and assessmencs ahich mayaccaiq�Ji�rif};av�;cth�;;�ecu��t»scrumenc;(b)yearly teasehuld
<br /> payments org�aund rents un the Pro�re�cyr.it any;tc)yearly hazard,in�r�n�¢rqmiums;and td)yearly morcgage insurante
<br /> � '� premiums.iEany.'Fheseicemsaretalted"escrawirems."Lendesmayesti���ti�e,�uAdsdueonthebasisofcurreardacaand
<br /> reasonable escimaces of Euture escroar iceais. -
<br /> The Fands shaU be hetd�n ao inscitucion che deposits ar,accqpni5o�.wluch are insurec�or�uaranceed by a rrdrral or
<br /> s[aueageacy(inctud'ue�Lenderi€l.snderissuchanus.uirucian).Lend.°sshu!lapgty.cli�Furidscopaycheescco�icems_Leader --
<br /> may nac tharge for holding and applying che Funds.analyting che attaunt±at.verifying cheescrow icems,unless txndrr pays ' ' •
<br /> . Horroarec intetesc on che Funds and applirable law permics irnder co n4aJce surh a ch�rge.Horrower aad l.ender may agree in �
<br /> wri[ing rhac incerest shall 6e Qaid on clze F�srids.Untess an agreemera is Enade or appiicable law reguir�es interesc co be paid'
<br /> Itnder shalt rtor be required�o pay Bosroarer any inrerest or earctings on"the Funds.Lender sha11 give co Hotrower.wichour
<br /> �charge.an annual�ccouncinguf che Fnndsshoaingcreditsanddebitsto theEunds and che purpnse for which each debic to che
<br /> Eunds was made.The Funds are pledged as addicioaat,secvtiry for che sums secured hy chis Secvriiyr Inurumenc.
<br /> If che amauat of che Funds held 6y Lender,together wicls the future manthly paymen�s of Fuads payabte prior ro che
<br /> dne tlaces of che escrow icems,shall exceed the amouat reqnired ra pay che escrow irems when due,ehe e�ccess shal!be.ar
<br /> Banow�r's oprion,eicher prompcty repaid co Horcower or crediced ro Borrower on moachly paymencs of Funds. If che
<br /> atnount of the Funds he[d by Lender is aoc sufficient t�pay che esccow items when due;Harroaer shall pay[o Ixrtder any
<br /> . asnount necessary co make ap che deficiency+in one or.more pay�nencs as required by�.eader . �
<br /> � . _ Up�m payment in.fullof all sums secured by this Securiry Inssrurned�,[.easres shal!prompcly refusd ro Borr. ��.ac�g � � • �.
<br /> . � . fiicds hetd by Lender.If ua�ec�a�agra�h 19 che Pcoperry is sotd ilr acquireri by I.ender,I.ender shall apptg,�o tatrer man
<br /> , � immediacety�xiar:a che sale of che.Prape�.y or iis acquisicion bg Le��er.any Fua�s heid by Ernder ar the rime of apgti�an,
<br /> as a credic�gaiersz cl�e sums secured b��c�Ts Securic}�Inscrumer.c � �
<br /> � ' 3.Apgiication af Fa}-ments. Clntess applicable law pra�ides achezari5e;.all paymer�es received by Lendec under
<br /> paragraphs 1 and 2 shall t�::pplied:firsc,ro lace ct�.a�es due under che Nore;�Ernnd,w prepaymenc char�es due under che
<br /> � ltfo�e;third,co amouncs payabie under paragraph�63anh,co interest due;a�u€lasc,ro prirtcipal due. � ' - • '
<br /> � � 4.Cliatg,es; Lieas. Barroaer.shatl_pay atf r�ces,assessments,cbarges.iines.and impositions atcribu[able co che � �
<br /> Property wh�c�may atcain priuricy uver chis Securirg�nstrument.and teasehold paymeats ur ground ren[s,if any.Bartower �
<br /> . � s!�all pay chese ubligations in the manner pruvided iaparagraph 2,or if not paid in[har maaner.Horrowershall pay chem on '
<br /> ' � ci�,:direcety co the person awed payment.Horrowes shaU prumpcly furnish w Lender all nu�ices�f ama►�cis:o be paid under
<br /> ' � cFis�atagraph.!f Honower e�eakes these paymencs direaly,Borrower shaU prumpily furnish to Lenderre-.�ipcs evideaung - • .
<br /> r:�w payments. � . . •
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<br /> � ' Borrower shall promptly discl�arge any lien ahich has pri�3cry over this Security Inscrument unless Berru��:��a) • • . . ; '
<br /> agrees in wricing ca[he paym:nt of eh;.s�bligacion secured by ehe lien in a manaer acceptable tn Lender.lhi canresc4�s�;sod
<br /> faifi che lien by,ur defettds a.�x�nst�tlforce�nent af che lien in,legal pr�ceedings which in che I.ender's�Fia:en upeca:e cu , , �r�%�':
<br /> prevent che enforcer►zenc nf c�.:Pien or forfeicure uf any part of che Property;ur(c)secures tcum che he!�er of r�ae Len an i-��,�`:
<br /> agreemenc sacisfaccory tu Lender subordinating[he lien co chis Security Inscrumenc.lf Lender determines that any parc�€che �•
<br /> Property is subject to a lien which may atcain priurity uver chis Security Inscrument.Lender may give Barroaer a natiee
<br /> idenrifying che lien.8orrawer shall sarisfy the lien or cake one or more uf the actions sec forrh above aithin l0 days uf the
<br /> giving af nutice. . -
<br />: S. Huard]nsurance. B�,rrower shall keep che improvemencs noa exiacing ar hereaher ereaed on che Proper�y �'_„
<br /> insured againsc luss by fire,hazards included aichin che term"excended urverage"and any u:her hazards for whic�I.ender ,. -
<br /> rrquires insurarlce. This insurance shall be mainrained in che amounes and f��r ihe periods �ha� Lender requ'ues. The =
<br /> insurance carrier pruviding�he insurance shall be chnsen by&�rrowrr subjecr ru Lendefs appr�,val ahich shall noe be ;._
<br /> unreawnabJy withheld. ,
<br /> . Al!insurance pulicies artd renewals shall be accrptable tu Lender and shall include a scandard murcgage clause.lxnder �
<br /> shall Have che righc to he,ld che pi�licies and renewals.If lxnder requires,Born>wer shaU prumprly�ive c<�Ixnder aU receipcs ' ' �
<br /> uf paid premiums and reneaal notice's.In che evenc uf li,ss,Borrower shall give prampt nutice t��ehr insurance carcier and ?
<br /> I.ender.Lendcr may make pux�f uf luss if nuc made prumptly by Hurruwer. • � �
<br /> Unless lxdder and Burn�wer utherwise a�ree in writing,insutance pruceeds shaU be applied cu resce�raticm ur repair � �`��
<br /> • uf�he Pa�perry damaged,if the resturation ur repair is ecunumicalfy feasible and I.ender's security is r.r;a lessened. If th� � �"`�
<br /> resruracion or repair is noc rrunumicalty feasible ur Lrrtder's securiry wuuld be lessened,the insuraes¢e pr�cerds st�all be .:':�'
<br /> applied tu the sums secured by this Security lnstrumenr,whether ur nut then dur,with any excess paid tu Burc;:acr. lf . �'
<br /> ' Burruwer aba�duns the Pruperty,ur dues nut answrr wirhin 30 days a autice fn,m lxndrr�6ae �he insurancr carr�-,r has � ' '
<br /> uffered tu setde a claim.rhen lxnder may cullrct�he insurance pruceeds.lx�x3er may use thc prurceds«,repair ur rNSa�re the
<br /> ' Pruperty��r to pay sums secund by�his Srcurity Instrumenc,whecher ot nuc chen due.The i0•day prriud wi1)begin whrn chr '
<br /> autice is�iven.
<br /> lJnless l.ender an��Hurrvwer urherwisr a��er in wrieing,an'p applicatiun of prucrrds t��principal shall n�rt Yxcer�i c�r
<br /> Fx�stpune the dur date uf th�munchly payments rcf�rred n�in rarahraphs 1 and 2 ur chartgt c he amuun���f thr paymc�zs H
<br /> __._..... under paragraph.l�)_thr.Presperry.is acq�;cred by I.cnder,.Hurruwer's ri�h[.tu any�insurar:se pulicies�and prucrcv�s resuftin�;�- �� � -� � �� -� - �
<br /> kum damage w the Pruperr�,prior tu thr acquisitiun shaU p�ss tu lxndrr w rherxernt�>t tfir sums cr�ared by this Stcuricy
<br /> . Irt4ttument immediately pr:ur�TO tI1C:IC(,Ut51[tt)Il.
<br /> 6. Preservatian�ad Maintenaace of property; Leaseholds. B�,rtowrr shall nut dt�suuy,damagr ur substantially
<br /> cfiange the Pr��perty,allow �he Pruperey eu,drteriurate ur cummi� wasee. lf �his 5ecuri�y Instrument is un a leasch��ld.
<br /> . ' B�;rre�w•�r shall rumply with the provisiuns uf chr leasr,and if Nurruwcr acquires fee�itle cu rhe Prnperry,�hc leasrhnld and
<br /> :•�. fcc citic shall nut mrr�;e ontess I:Nnder aRnrs tu thr mer�;r��n wricin};. .
<br /> � , '' 7.prvtecti�nuf.l.ender'sRightsincheNropeny;MartgagNlnsuraace.lfHuru.wrrfail�tu�+�rfotmthrcovrnants
<br />'. • aad��;reemen�c cuntaine�in this�;c4rity lnsrrumcnr,ur therr is r le�;�l pruct�Ylin};that rcray si�;nificantly affect I,ender's _____ ___
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<br /> rixMs in the Yn,prrry(such as a pru�e�:�ii ug in bankrupt�y.pr�ibacr,fur�undrmnaeiun ur tu enfurcr l,�ws ur rrgulatiuns�.then
<br /> lxnder may du and pap�fur aharever is nerrssary�u prutecr chr vatur��f�he Nn,prr�y aad Lendcr's ri};hts in the Pn�prtty. �
<br /> , . E.rndrr's a�tiuns may inclu,ie�ayinK any sums secered by r lien wl�i�h has priurity uvc r this tiecuriry Instromrnt,appearing in �
<br /> , ' ' caurt,pay�ng rrasunablR acc..ytneys'fees snd enrerinK a��the Pruperty tu make rrpairs. Althuu�;h Lrndrr may takr actiun � �
<br /> ui�der this para�raph 7,(xndrr dixs ieu: h�ve«��!u s�,. ' ;
<br /> � ; �Si�y amu�nts disbursrJ by f.endrr�under�h�s pera};raph 7 shall bcti��me ad�iitiunel deht of Hurrnwrr se�ured by th�s �
<br /> L 5ccur�ty lnstrumem.Unless H�,rn,wrr auJ I.eri�er axrec to uthrr terms uf p�ymrnt.�hryr rnw��nts sh.,ll be.+r�ntcres� frum �
<br /> �he datruf disburse�r�ent at ehr Nutc ratr and shal!br payahlr,wuh�ntrrrst,uEnm in�tne frum Lrndrr tu Hurr<�wcr rryur�tin�;
<br /> payment ,
<br /> If f.endrr tryu�red �nurt��t mtiut.�pt� .�r .� tnnditwtt ui mak�t�}; tl�e Is�.:u �c.urcd hy rhe. tircur�c: In h'
<br /> ' vttumeat,f�utn�wrr shal)pay tha•�frraufan�rryasttcl tF�tne�nGUn t1�r�irrrrr.rncr rtrrttecr ni�tii�nclr r mrr a�,i rcy!�trt me eir fuc �
<br /> Ihe ri�tutaner terd»natcs itt�u��r�}�nte«uh Run��wer'�.mai I.c•ndcr c wrutrn a};rc�mrn; �.�r .�����iu.�l,ic 3.�a ,y,�
<br /> H.tnspre���m.t e•ie�iFr nr itr`ey;t�n�u►.�� t�rJkt rratint�.ih}c cnteic�a�����f,tnd��rsE�c�u«�ts��t ri�t t'��,��e�ty t���,I�� .t�.�1; i�- � -
<br /> . . E,e�t' E4!�H}�t4ti ltertNP At l�lit' fttltt tit t�t i+tttrt ttt ,pl tttS�t'CTtr�t7 ��,{�I�tttll; tf.��•�fi.ttr�C c.ttt�e' �nt ff�f� t�ICF�E�tt��ii . .
<br /> t1.(.urtdcmn,►uun.�{'he-��te,ict�le E�f any,�w.itd��t E f,�wn h�r<I�in.i�;�,.�t�rt�F nt c��r�.r��urr:ri.�l,nc<<mnt�t r��ir�ti i:h.�i�}
<br /> ��uultrtnu,��iun��r��thtit.�ku�};:if.ei�}�!.�tenit'ttrt'tu�,t�rty.��tf��tun��c•y.uice���f�e!i�.f1��a�ieiFSi!.il:����..��t httek�y.i�}I�litsleu�.!
<br />.. . ;��3i1 iN� �re+��.ff� �1 IltfPi " �
<br />• t�� Il�t ��e nt <<f a t�.te( t.�k�n�;��f tl�� &''t�.���e sty. �lu ��r��t�t•f� tile.ill fK �������e�{ t.� �Ii� .��i;i. •.��_tni�l I,; �i��. ��.i:uu:
<br /> ����tr�f%trc�ve �njtit tht r nr 1�„a th�i�.�,�� �Ait►�.�r�a e r�t�.( ���tr���S:,it���s�� i�i ri« S 4.��r .� .� �. �EI�,e � �.�r��, i`....�.;..i ..��,.__
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