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<br /> U!vIFOR�1 CtwE:NAVTS f3orrower and 1_cndcr m��cnnut:�n�laKicr a�f�dlrne. °O�'° 10256 3
<br /> • 1. Payment of Priflcipa� and Interest; Prep�ymcnt rnd i.�te t'hWr�;cs. H��rr��uci �t,,�li ��i,un�,�i� p,i� ��hrn�lur
<br /> the principal�,f�ind in►rre�.t an Ihe�IcGt e�•icienced h�•the Uc,te and auy��+rcp:�}nient.�n�1 I,ur�t�,irier,�lur uiulrr thr Nntr
<br /> 2. Funds tor TAxes wnd Io�ut�tnce. Suhjcrt t�,ap��licahlr I.�a���r���,i a rinrn���in rr t�� I cn�Irr,11�a��«<r��h,�ll��a}
<br /> � to l.endrr on the day m��nthly payment�nce d��e unarr th.- N��Ic. um�I the N���c iti ��,,�,I iu fuiL a 4��m 1"1 wul�"1 ryu,�l tu
<br /> one-iwelPlh of: (i�) yeurly taxes and asccs�mcnts ��•hirh n�iq� t�tt:un �n��ruy u�ci �I��� tir.uiii� I�,.i�l,�i��ilt, !l+! yrar!}�
<br /> leaschold payments or �round rrnts �n ttye 1'reperty, if any; Ic! ycarl}� h:illf�_I i���urant� prruliuuz�, iu�d !d! �c��rl�
<br /> martgagr insuranre premiums.if�ny.'l'he�r itet�i�ar�•�atic:d"e�cr„w a���m." t rn�ic� n�,���•,im,,�tc �hr i�wuts�iue nn the
<br /> basis afcurrent data and rrasonable e�timntcs ot fu�ure cscruw�itcmr.
<br /> The Funds chal!be held in an in�titution the de}?osits�r:;cc:auut�uf r��h�rh nrc m�urc�i+�r gu;�ranl�c�t h� u Icstrr,�t ur
<br /> state agency (including I.ender if Lender is such an insiitulion). i.cn�lrr tihnll npply thr F�����i� te� ��,i� thr c�cru��� iicn�..
<br /> . Lender may not charge far holding and applying the Funds,nnalyring the nrrnu�u ��r �cnf:��nEt�h�•l'+Cf1�N Ifl`ill�, unlr�r
<br /> L�nder pays 8orrower interest on the F'unds und npplicablc laH• �ermits l.c�dcr ��� m�il�c �u��li ,i o liarKc H��r���N•cr ;�oii
<br /> Lender may agree in writing that intere�t shal! bc paid an the Funds. Llnlrsr un agrecmcnt �� madr „r i►��pheahlc I;iw
<br /> requires interc�t ta be paid. Lender shall not bc required to pay B��rrow•rr an�• interr�t ar c:�rnmF��m�iir l��mdc I.cncicr
<br /> shall give to BorroKer,without charge,an annual accounting oPthe Funds�hu��'lll�l'fl`tlll�ilUl)1IChu�ti►Ihe I�undr nnd�Ite
<br /> ' purpose for which esich debit t�tfi�e Funds was made.The Funds ure pledged i�s iidditiunal.rrurn}�G�r Ihr rum�<rr�ired h�•
<br /> this Security lnstrumeut.
<br /> , If the amount af the Funds held by Lender,together with the future mcinthl�piiymcnt���P I=und`pa��at�lc pru��t��
<br /> the due dates of the escrow items.shall exceed the amount required to pay t he rscrc�w urm���hcn duc,thc cxre��shall bc,
<br /> � at Horrower's optiun,either promptly repaid to Barraw•er nr credited to Borrow�er cm mnnthly�pa�ment�rf{'u��ds. If the
<br /> � amount at'the Fands held by Lender is not sufticicnt to pay the escroN•�tems whcn duc, Harr��a�cr�hall�,iy tu l.rnder uii�•
<br /> amount necessary to make up the deficiency in one or mo�e payments ns required by Lender.
<br /> � Upon payment i�full of all sums secured by this Securiry instrument, Lcnde�shnll pr��mptly refand ti� Ro�ro��•er
<br /> � any Funds held by Lcnder. If under paragraph 19 the Properly is sold or acquired by l.rndcr. Lrndcr�hall app15',no latcr
<br /> i than immediately prior to the sale of the Property o�its acquisition by Lender,any Fund�held hy l.ender at thc time af
<br /> ' application as a credit against the sums secured bS•this Securit}•lnst rument.
<br /> 3. Applicatiun of Psyments. Unless applicable law provide�otherwice,al) puyments rcce��cd h�� Lcndcr undrr
<br /> paragraphs 1 and 2 shall tx:applied:fir�t.to late charges due unde�the Note;second,to prepayment�hargcv di�c�mdr�t he
<br /> Note;third�.to amounts payable under paragraph 2;fourth,to interest due;and last.to principnl due.
<br /> 4, Charges; Liens. 8orrawcr shall pay all taxes,assessments, charges,fines and im��itions attnhul;�blc tn Ihe
<br /> Praperty which may attain priority.ovcr this Security Instrument, and leasehold payments or ground rents, if any.
<br /> Borrower shall pay these abligations in the manner provided in paragraph 2.or if not paid in that manner,H��rm���rr�hal)
<br /> pay th�m on time directly ta the person owed payment. Borrower�hall pmmptly fucnish to I.ender all noticeti of amount�
<br /> to be paid under this paragraph.If Borrower muke�these payments directly, Hnrrow•er shall pmmptly furnnh tu l.cndcr .
<br /> receipts evidencing the payments.
<br /> Borr�wer shall pramptly discharae any lien whlCh h?S j+Ftorlly nvPC thic$P�p�ity I�ctr!�m�nt Na1NCC Rnrrnu•n!�(al �___
<br /> agrees in writing tG the payment of the obligation secured by the lien in a manner acceptabte to Lender;(b)contestc in g�xx1 �
<br /> . _ faith tho li�,r!1,y�.�*.�rP�R.i�«��:�v:�1(��:.��t a�i 1,ii:iiffl ii�.jc�Si N;x�,;;�����wi�i�n in ine iencier'c opinian orerate to -
<br /> prevent the enforcement of the lien or Porfeiture af any part of the Property;or(c)secures from the holdrr oP Ihr licn:m �
<br /> agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender detcrminex that�ny�pan uf =
<br /> , the Property is subject to a lien which may attain psivrity o��er this Security lnstrument, Lender �ay gi��c Hc�rrow•cr a �
<br /> notice identifying the lien.Borrower shall satisfy the lien or take one or more of the actians cet forth abci�•e�vithin 10 Juy. • --
<br /> of the giving of notice. �
<br /> 5. Hazard Insurance. Bonower shall keep the improvementc now• existing or hereafter erected on thc Propert�� . �
<br /> , insared against loss by fire,hazards included within th�term °extended coverage"and any ather hazard�fcir w•hich Lcndcr
<br /> requires insurance. This insurance shall be maintained in the amounts and Por the s►eriodc that Lender rcyu�rec. Thc '
<br /> � insurance carrier providing the insurance shall be chocen by Borraw•er subject to Lender's apprrn•al which �hal! �iot he ;�
<br /> unreasonably withheld.
<br /> � All insurance policies and renewals�hall be acceptable to Lender and shaU include a standard m�rtgage clautic
<br /> Lender shal)have the right to hold the policies and renewals. lf Lender requires,Borrower shall promptly give to Lendcr
<br /> � all receipts of paid premiums and renewal notices. In the event of loss,Borrower shall gise prompt nunce to the inwrance .t+ ,
<br /> carrier and Lender.Lender may make proof of loss if not rnade promptl�•b}•Borrowcr. �
<br /> Unless Lender and Dorrower otherwise agree in evriting,in�u rance pmceed�tihall be apphed to rest�rattm���r repair
<br /> of the Property damaged,if thc restoration or repair is economically feasible and Lender'�securuy is not Ic��ened if the
<br /> restoration ar repair is not economically feasible ar Lender's security n•�uld he le��rned, thc tntiurance pmceed��hall be
<br /> : applied to the sums secured by this Security Instrument,whether or not Ihen due, with any exccs� �a�d to H��rr����cr. If
<br /> I Borrower abandons the Property,or does not answcr within ?0 daS•ti a noticc from Lcndcr tl�at the inwrancc rarner hati
<br /> ' offered to settle a claim,then I,ender may collect the insutance proceeds. Lender ma}• u�r the rmreed�tn rep;ur e�r re�lt�r�
<br />: the Property or to pay sums secured by this Security Instrurnenc,whether or nat then due. The?0•da)•reiu�d ���II he�iu
<br /> when the notice is given.
<br /> ; Uniess L,ender and Borrow•er otherwiseagreein wriling,dll�'i�1J1(1IICi1Il(lIl 41f(1fll�rCC1�Il�rflllL'lF1:iI S}13JI I1l�I C1llend,u
<br /> postpone the clue date of the rnonthiy paymcnis rcfcrred t�in paragrr.ph. i an�2 or rhangc thc amnunt of tF►r pa�rnrnt. it
<br /> ' under paragraph 19 the F�operty is acquired by Ixndri. 8urro�vrr'. �ighi tn uti)� u��uta�tce puitc�c�cmci pre.ceed� �r.ulhnF
<br /> from damage to the Property prior to the acquisition shall pa�s to l.ender t�ihr cttent��f th��um�.e��ured h� thiti ti�•�unt►
<br /> Instrument immediately priur ta the acquisition. '
<br /> 6. Preservationand Maintenanceof Property:Lcaseholds. Hornx�cr�hall n�v dc�tr���,danta�:c��r�uh��,u�i�e115
<br /> change the Property. allow the Property to deter�oratc c�rcc�mm�t watitr If' th�ti Sr;unt� In�trumrsit i� �m ;� Ic•,�.rh��l�1.
<br /> Borrowershallcomp{y with tlie�+rrn•isionsof theiea�e..indif Hoirr�►rr;i�ywre�ti•r ntic tnthe!'rn�rit�,thc Ie•a.ctiul�f an�i �
<br /> feetiNeshall not merge unless l.cnder agreec tc�U�c tnerger in«nhn�;
<br /> 7. Protection of Lender's Rights in the f'roperty; �tort�aKe InsurAncc. If li�nr��wri t,,�l� �,� rrri��nn il�r
<br /> covenantsand agreements�ontained inthi�Serunt��ln�trumrnt.�u chcrr i.,,le��al���,�,rr�hn�:tf�,n m,,t .�}�c�ili.,�i:�l} ,�11r,t
<br />' I,ender's rigi�ts in the Property (such(IS J }►iOCCk(jlll�; 111 h;{71�f11(�1�t, �I��h.1IC. I��I i.H1i�Cf111l.��Inli ��t ��� i'�����l�t• �Jl�� ��7
<br /> �egulations).then Lender ma�•d��and p�} for u ha�c�cr�.r�e�r��ar� t�,pr��tr:�t hc �,�l;�r��t thr Pr���,ri i� .�n�f I �•n�lrr .�,cl�i. .
<br /> in thr Property. Lender'a actionS ma} irtcluc�e pa�inF .��e} ��iiu. .c�urr�i t�� .� licn .�h��.h 1�.�•. �•r��,r,�� ����� �I��� ��,n��i. �'�'�
<br /> � Instcument.a�pearir.gmrcnirt,p���nFrra+niiahlcan��rn���' trc�,uuiri�t.•rn� ��nthrl'��• � �iti �„��„E._�� ur� �
<br /> � 1'� }�. ilt):••��,�1� �`,
<br /> Lendermaytakcacti�nund�rthic�,ar<�graph ',I.rr�drrti�•r�n�ah,i�c t���t.�.:�
<br /> Anyarnvuntcdi�bur�rdh}�l.endcr un�Srrihi.�,.u.�l:r.�F�h'.li.illbi.�,in� .�:IJit��•��al �I��r,t ,�• li, i� uci �r.�:i:,i ��� �i��. tJ•�
<br />: Security Jnstrument. C'f1�Cti� ROIfI�RET:IIIC�� C11{1Ct ;I�tft'C it�c(�li'f fCt� ����! (�.���i�, t.l r�,. . ii�,,..:,•t. .�� � I ��c.ct ni'r•� .I 1�, r�� ��
<br /> thc dnte of di�hurtirmcnt at thc 1:,,t� �.�tr .in�l �}i.�ll t�e p,��.���1�. ,� ih � �: .� .�� � �. i . � ,,. ! �,I� �.. 1< . ..��. �
<br /> teyuestin�pdt ment ,
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