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<br /> UNIFORI�ICOVENAMTS florroRera�idLenderca�•tnrnt�ndagrecusfbll�ws: �O"""�01938
<br /> 1. Pay�t of Pt��tipl�tl Istt�st;PreMya�eat a�d l.ate�h�r�. BorroK•cr s�al) pran�ptly pay when duc
<br /> the princip�l oPand inte�est an the d�t evidenced by the Mote�nd any preswymen!and l�techargcs d��c unde�the Note.
<br /> g. F�«a.r�r.�a�r�wraMCe, Subject ta�p�iicAbfe law or to a written w�ai�•:�by I,ender. Ibrrow�er shaU�ay
<br /> -- to Lendee an the dpy nx,nthly payment��re due under the Nntr,until the Note is p�id in full,a sum("Funda")equ�l to
<br /> � au�tweltlh ot (�)yarly t�x�c �nci �s�asment� which may attain priority aver this Serurity Instrument; (b,1 g•eAr1Y
<br /> kuehc�W paymentr or S�ound rent� on the P�aperty, et any; (c) ye�rly h�zard insurmce premiums: and (d) ��early
<br /> mortpje insurance premiums. if any.These item�sre caikd"es��aw ieems."Lender may��imeto�he Punds due an�he
<br /> bais oi`eurtent dxh�tid rea�on�bk ratirtuita of future escro�items.
<br /> 't!�Fu�sfuil!De heW in an institution th�deposits e�raccounts oP which�re insured or eu�ranteed by a federa!o�
<br /> stste�ency(includin�Le�der if Lender is stich� institution). 4endcr shap �pply Ihe Funds to pay the escrow itrms.
<br /> ���Y�Gh+r�fer holdlnj and appiyinj the{�nds,:nalyzing the�ccount or z•:rify ina thc escrow items.unkss
<br /> I.eadtr p�ys Bor�ower interat can the Funds and appNcabk I��v permits I.ender ta make s�ch a charge. Barrowe�and
<br /> l.ender rray a�ree in writin� that lnterai aludl bv paid es� the Fund�. Unkss an �sreement is made or�pplicai�le taw
<br /> requira intetat to be p�id.Le�der sludl not be requi�ed ta py Borrawer any intcrest or e�rnings on the Funds. Lendec
<br /> sb�l!�ive to 8orrower.wlthout chatRt.�n�nnu�l ucountins o�the Fund�showing credits�nd dcbits to the Funds�nd the
<br /> p�vpae for which ach debit to the Funds wu n�de.7'he FurMs are plcdjed as�ddition�l security for the sums secu�ed by
<br /> this Security Instrument.
<br /> ` If tbe amawpl of the Fund�heW by L,ender�to�ether w�lth the futurc monthly psymmt�of Funds payabk ptio�c tq ,,
<br /> the due d�oi the acroM items�xhall exaeed the�mount required to p�y the acrow item�when due,the ezceu sha11 bo,
<br /> �t 8ormw�er's opNort.dther promptly tep�id to BorroMer or crcdited to�arrower on monthly payments oP Funda. iP the
<br /> amouet of'tbe Fw+dt heid by Lentkr is noi tuRkicnt to p�y the esc�oM items when due,Eionorver shsll qy to Lender any
<br /> a�aouet tx�ry to make up the deAciency In one or morc psyment�as required by Lende�. '
<br /> Upon p�ymrnt in fld!of all sams secur�by th�a Securltg instrument,Lendrr shalt pcomptly rctund to Borrower
<br /> �ny�wKb he{d by Lender.if under pustr�ph 191he Property is sold ar acquirc�d by Lender.tender shall spply,no later
<br /> than imm�diately prior to the sak of the Prope►ty or its acquisitioa by Lender�any Funds heid by Lender�I the lime aP
<br /> spp8catioe u a ccedit sp�nst the sums aecured by this Security Instrument.
<br /> 3. AMIkallow pf Pay�b. Unks�applicabk lawr pravides otherwise.all payments received by Lender under
<br /> p�njniP�!�nd 2 ahal!be applied:Arst�to late chsr�p due under the Note:srcand,to prepiyment char�es due under the
<br /> NM�third,ta�mounts p�yabk under p�rajnph 2;fourth�to intere�t due;and last,to principal due.
<br /> 4• �fe�I.k�s• Borrower shall p�y all tsxe�.assessments,chsrges. fine�and imposition�a:tributable to thr
<br /> Prnpeny which rr�y attain priorily.ave� �Ais Security Instrument, and teaschold payrnents or graund renls, if any.
<br /> BormN'er sha��psy tAese abliption�in the manner provided in paragnph 2.ar if not paid in�hat manner.Horrower shsll �
<br /> p�y them an time diroctly to the penon orred p�syment. 8orrower aball pror!±r�ly furnish to Lender�II natices af amounis
<br /> to be paid under tbi�p�ra�raph. IP Borro�er maka�hese payments dircctly.Borrower ahsll promptly furnish to Lender
<br /> receipts eridtncina the p�yments.
<br /> Borrower sh�ll promptly di�clu«�e sny lien which hAS pricrity over tliis Securitv lnstrument uoless Horrower:(a)
<br /> a�roes in�rridna to the p�yment iof the obliaation secured by the lim in�m•�•n�r:srplsts:c tu i,az�e;;t�i 4�►r�tc�is io 8oad ' �' .�
<br /> isitn ii�e iien by.ar cle►etws apinst mforcemeat af Ihe lien in.leRal proce=dings which in the l.ender's opinion�perate to
<br /> prevent the entorcement af the lien or forfeiture ai'�ny p�r�of�he Propeny;ar(c)secures ftom�he halder al'the licn an � -
<br /> — atrament rathfiictory to I.ender subordinatinE 1he lien to this Security Inctrumcnt. If t.ender dtle�minss that oev a�art nf -
<br /> . !�°.w'f 3s�v`.�o�i io•��en .viricii m�y at[ain priotily over fhil5ecurily Instrumenl, l.ersder rnay give Hcsrrav�er a -
<br /> nWia itkntifyinj the lien.Botrower shtll sslisfy 1he iien or taQe one or mare of the action�stt fanh obave withiu 10 days -
<br /> of the tivin j of notice.
<br /> S. Hwri 1�e, Bcirrower sh�ll keep the improvements now existing or htreaRer erected�n the I'roperly «
<br /> ituurad apin�t loa by 8rc,haa�rds included within the term"eate�ded roveraae"and any other har.a�ds for w•hich Lender
<br /> requira inwnnce. Thi� inwnace shall bt tnaintained in thc�mounts and fur the �eriods tFat Ltnder requires. The
<br /> insurancr prrie?providlns ttrc in�uranee ahall be chosen by Horrowe�subject to Lender's approval which shaJl not be
<br /> unraswuibly withheld.
<br /> A���nsurance palicies and rcnewals�hall be acceptable to l.ende�and shaU include a standard mos���ge ctause.
<br /> Lender�hel)have the riEht to huld the policies and renew�ts. ff I.endcr requira, Horrower+hall pramptly give to Lender
<br /> a��reaiptp of pvid premiums and renewai naices. ln the event of Ivss.(3orrowrr�hall gide prompt notice to the insunnce
<br /> carrier aryd Lender. I,ender a�s}mske proof of loss if not m�de promptiy by Horrower. ,�
<br /> ���ess Lend�►tnd BorcovYer otherwix s�ree in wnting,in�urancdproceeds shall be applied to restoration�r repair .. '�
<br /> of tl�e Property dam�ed�if the restorntion or repair is economially feasible and Lender's sccurity is nat lessenrd. If Ihe
<br /> rcstontion nr repair i�not econwnicslly teasibk or Lender's security would tx lessened, the iresurance proceeds shall br
<br /> �pplied to the sums sccured tiy thu Secunty lnslrument,whether or nat then due.wi�h any excess paid to Horrowtr. If
<br /> Borrower abandons thr�roperty, or does not answrr w�thin 30 days a notie�from Lender that the insurance carner hac
<br /> oll'ered to settle a claim.then l,encfet msy colleet the insurance proceeds. Lender rttay usr the ptactMs ta repa�r or restore
<br /> the Property or to p�y sums secured by this Security lnstrument,whether or not then due. ?fie 3(�day period wiQ begin
<br /> when the�otice is�iven.
<br /> Unkss I,er�der tntl Hprrower alherwise agree in writing,any a�t�elication of pruceeds t�pnncipal shall not eatend or
<br /> P�P��he due dateof'the monthty p�yrrKnt�rekrred to in paragraphs 1 and 2 or change the amoun�of the paymentc. If
<br /> °�P���t�Ph j9��P�openy is acquired by Lender. E3orrow•er's nght Ia any in�urance�lic�ec and prncccds resulting
<br /> �rom d�rn�e to the Propecty+prior to the�equisition ahaii pass ta Lender to ihe eatent nf�he sunas secured�,s:sis Sccunty
<br /> �nstrumsnt immcdiaicly prityr tu the scqu�.itic►n_
<br /> 6' �s��M������/e�Y:�.ea�elwlde. Batrow•er shail not destroy,damage ar substantially
<br /> chan�e the Proprrty��Ibw the property to deteriorate or commit waste. If this Securny inslrument is on a leasehold,
<br /> Bonower ahall comply with ehe provisions oPlhe lesse,�ad if 8orroKer acquires fer title to the Propeny,�he teasehold and
<br /> _ fettitkshxllnotmesaeunlessl,encktaareesto�hemerger�nwriting. �-_ _-___
<br /> �• Protectlow of Le�der•s R{�ts l� �� pr�rty; !Nortgage Insu�ance. li Iiarrow�er failc to perf�rm the
<br /> eorenants and a6reements cantainrci i��this Secunty Instrument,ot t here�s a�eRal�roceed�ng�hat may significantly affect
<br /> • Lender's rights in the PropCny(such as a procecding in bankruptcy, probate, for condemnalion or ta enfvrcc laws or
<br /> resufationsp.then I.endtr may do and psy for whatever is necessary to protecl the�a}ue of�he Propeny and I.ender'S rights
<br /> in the propeny. I,er�der's actions may include paying any sums secuted by a hert t4h�ch has ptiority vver this Secunty
<br /> Instrument,appearing in court.paying reasonable astorneys'fee.and entcnng on Ihe Property to make repairc.Althaugh �
<br /> Lender may t�ke actiun under this paragrapfi?,Lender dcxs not hav��a do so.
<br /> t hny amout�ts disbarsed by Lcnder under this parag�aph 7�haU bccome ad�rtional deht of Hormwer�e..urcA by th�s
<br /> L Snurity h�strument. llnl�s[brrower artd l.ender.�grce to othrr temu�f�ayment, these amc►antc shal!bear intere�t from t�.
<br /> ths d�te af dichutstrnenl a� tttr NesSe tate ttttJ shail be payt�hte,wtlh itttcrect. :ij,c,n nonrc fn�m �endet to Bnrrouer �
<br /> rtquest�ng payment.
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