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<br /> .� " UN1Ft►RMCovE:vAwrs. Borrawer�sdi.eaderco�enancandagreeasfollous: - '
<br /> . ` t..P�yAtnt oP E'H�tlpal.iad lateses�Pe��y�neet aed I,at!C6uge�. Barr�aer shall promptl}pay where due ' `
<br /> • ,tlte princip�t oi�ttd int�ctst on thc�bt errid+enccd tiy thE Note bnd�ny prepayment and late rharges due under t�e�Iote. , , ,
<br /> � � � a. �iq�ds toe Tiu�a�Iatarssce. Subject ta�tppiirab�fav�ar to a written w�aiver bv Lender.Borrauer shall pay , - ` ',
<br /> � to Lendc�on the t�y monthty psym�nts are due un8er_the Note.uati!the Note is paid in full.a sum("FundS")egtial to .
<br /> � ' one•twelnh of (a)ye�►dy taxes�nd assessment�. Rhich may attain priority over this Sccu�ity Instrumeni; (b)yearly� � �
<br /> ; kasc�c�ld ps��ts ar'ground �sr as�tlie �rope:ty. if a�y; #cf 3eartp �iazard insuraasr ps+�niusas: ans! td)yc:erly . .
<br /> , , ' mort�e insutanet premiums�if any.°Thtse items art eaIted"escraw items."i.ender may estimate the Funds dae aa the
<br /> basis��cunentdataand�asortabkestim�tesoi'Eutnttescr��riterns. � �
<br /> � . Tht�unds shall be held in an institution the deposits ar aecounts of which are Ansured or guaranteed by a federal or
<br /> ' � sute a�ency(including Leader if Lender is suc6 an 'sestituann}, i,ender shall apply the Funds ta pay the escrow items.
<br /> . Gaider Auy nM cbarge Fni.boldin8 aAd apptring she Funds,aaalyzing the arcowu ar veri�'ying tht escro�items,unless . .
<br /> , � Le�dtr pays Borrawu interat on.tlx Fu�ds and appliabt+e law pernuts Lcnder ta maice such a charge. Barrower and � .
<br /> I�ender t�sy aara in arritin6 that interat shsli 6e p�id on the Funds. URless an agreement is made ur applicable taw ' �
<br /> � tequires intetrst tp be paid.Lend�r shall not be required to pay Borrowet any interest or'eamings on the Furtds.Lender '
<br /> . - alfa}t�ive Eo Bomnwrr,w�thout rbarga an annual accounting oPche Funds showing credits and debis to the Funds and the . ,
<br /> �, purpose for��rhich each debit to the Funds wa5 made.7'he Funas are pledgad aa additional security fnr the s�ms secured b} � �
<br /> �` � this 5ecurity Instrummt. < .
<br /> . If tlir amount of the Funds hetd by�.ender.fogeti�er with the future monthly payments of Furtds gayable.prior to . ,
<br /> . ' the due dates of the esctow items;shaU excoed the amount required to pay the escraK items when du�tt*.e eacess shal!be,
<br /> ! � at Bo�ru�ra's oplian,eitber prnmptly repaid to B6trower or ctedited to Borro�xu on monthly payments of Funds.If tke
<br /> ' � , �nt of'the Funds hetd Isy;Lehder is n9�su}licient to pay the escraw�items ahen dae.8otrower shall pay to tender at�y
<br /> , uaouet aocasary ta ma�Ct up the dsf cicrtcy in ane or mnre payments as r�quired[sy Lcnder. ` �
<br /> ; Upon payment in fult uf all sums secured by this Security Instrument,I.ender sha11 pramptly refund to 8onawer ,
<br /> • any Funds held 6y Lender.If under para�raph 19 the Praperty'is sotd or acquired by Lender,Ler►der shall apply.no later . �
<br /> - tl�art irr�med'uttdy prior to t6r sate of the Property ar its acqursition by Lsnder.any Furtds hetd tsy Lendtr at the time�of
<br /> . apptieatian as a cad�t against the sums secured by this Security[r+strument. _ ` ,
<br /> ' � 3. A�pticsttoi�of Paye�eets. Un[ess applicabte law p'-ovides�therwise.af!payments receive�6y I.ender under
<br /> paragraphs 1 and Z shall be applied:first.ta tate charges due under the Note;secand,ta prepayment charges due under the
<br /> Not�third.to amounts payabte under paragraph 2;Paurth.to interest dur,and last.to principal due.
<br /> � 4. Gtwr�et;I/a�s. Borrower shap pay all taxes.asse�+sme�ts.charges.fines anA impnsitians attributa6le to the .
<br /> � ' Property which may attain priority,over this Security Instruinent, and leasehoid payments ar ground rents. if any. � �
<br /> . Borfowtr shzl!�ay these oblig�tions in the mannef prnvide�in paragraph 2.or if rtot paid in that manner.Borrower shall �, �
<br /> payihcm an time directty to the persnn owed payment.Ilarrower shall promptiy fumish ta l.ender aU nutices af amounts '
<br /> ' to be paid under this par�graph. If Horrou•er makts ehese paymea.s dirertly.Borr�wer sb�t promptly iarnish to l.ender . � �
<br /> reeeipts evidencing the paymenta. �
<br /> -. -- $orrnwer.ahap ns�►m�+tly diccharne any liPn wh�rh h��pr.��rity_,vPr*.h�s�cari:;t:;t:s.�r.s_^s:i u.^.!�:Lcr.sae:•er:tsj � � - - -
<br /> agras in writing tn the payment oPche obligation securcd by the tien in a manc�e�acceptable to l.cnder;tb)c�ntests in gaod �. �-
<br /> fai�h the lirn by.or defends against enforcement nf the lien in,Iegal praceedz�,s ahich in the l.endet's apinic�n operate tv
<br /> prevent�he enfor�:emcnt of the tien nr f�st'eiturc af any part af th�Frc�peny;ar(c)secur��s Gbm the haldcr of'the lien an �
<br /> ` agreemtnt satisPactory to Lender subc�rdinating the lten to lhis Security Instrumcnl.!f l.endcr dotermine!�that any part af ,
<br /> . �_ � the Property is subjeci to a lien which may uttaio�rionty over thiti Secur�ty;G::,.ctrument, Lender ma�give&�rrower a � ��
<br />, ' a�ce idrntiPying the lien.Barn�wer.shall satisfy the lien at take one ar mare cr�the arunns sct fortb ats:s�e within 10 dayg ; _
<br /> a�'..he giving of notice. ��
<br /> S. Hmrd lesNrance. Bnrrower sha11 keep�he im�rnti�;i:nts nnw ex�shng ur h�eatter crected un the Pruperty -�
<br /> � insured aga�nss,ir�ss by fire.ha�ards in�ludeA within the term"exrended c��verage"and any utTicr I�aaatds for which Gc::�der
<br /> � cZi�,cires insurance. This insurance shall he mainta�.�ed in the am�unoK und Ec�r the perindc that 1.����r requires. 1'he •
<br /> �r..ti:;rance car�ier pravidir:�yhe insurartce shall be�.t���seo by I3arrower��ablrcl to i.ender'ti appr�v;�i.�.t:fch shall nc�t be
<br /> . unreasonably withhctd. � . �
<br /> AU insutance policics and renewat�chali bt acceptghte ta l,ender end�hall�nclade 5.tandard mimgage�:taas:.
<br /> ; � l.endu shall ha�ve the right ta hold the��?�:ctes and renewals. If l,endcr reqmres.13orroKCr shall promptly give ta H.c,.�^sdcr �
<br /> , a31 rteeip;s of paid premeur.;�and reneaal ncrtices. t�the event af't�ss.ilarrower shall F�vr p�ompt not�ce to the m5urance
<br /> �irn-ter and Lender.Lcndefr.*_zay make pr�f��f lnes:�i c�:�e made prc►mptly�y Nnrr��uer. �
<br /> � Uales.g I.ender and 1�}rrawcr rstherwire�grer cn wri��ng,intiuran�e prucred�tihall he�prl�rd tu retitornl�an ar repair .
<br /> 01'Iht Prnpetiy-damaged,if the restvrauon or repair i�crnnnmically feas�ble ai�d l.er�der'��:cur�ty� i�not testirned !f the .
<br /> � restoratian nr crpair i�n�+t ecc+nc►micallyfeayiblc�+r t.�ndcr'�:�erurity woidd bc Ir,ticiird,Ihr in�urance prcxecdti 4r��:;he
<br /> ap�alicad to the sumq�ccured by thtx Secutny Imtrucaoent,whe�her��r not thcn ciuc,w��h any ence��pa�d t��li�rrrowec. IP
<br /> B�rrawrr abanetnns the Prv��crty�or duec nut,an4�s7 wuhin 30 ciay�a n�+tice Pr��m l.cnder that Ihe ir:��ranre carner ha�
<br /> � o!ftred to se��le a clmm.thtro t.cndcr may collcct the�nsurancc prexced�.l.cnder ma�utie the prc►cer.Qr t:�rep:+ir or restc>te
<br /> the Nrnperty ar to{►ay cums 5eeurcYi hy thic Secunty Intitcutnrnt,whether e+r n��t then due. "the?U•d��K pen��d ai11 hr�i�i
<br /> when the notic��s givcn.
<br /> . Unte�s 1,enAcr anci B�+rrnwcr c�thetwtie�grce�n writing,anc ap�+luanc.n i�f pux•�cd+t��prmcip�f�t�dll not c�.tc���3 or
<br /> postpone thc due datr of ehe mnnthly paymcn�ti refr���,�d ta�u��aragrapf�s 1 a:�a�,�.�+f CIt311�;C IFtC Jlll(�ilt:�t?f:�tl`(1J�"fllfilf S. IC
<br /> � u�der paragiaph i4 Ntr Prupet�p is acyuired by l.rr.u:�`.�3utti�wcPr n�h3 tr+�ny mtiurance pnlicieti:�n�p�r+ccCds rc;ultinF
<br /> fram damage tc�lhe Yro�xrty pnor to thencyws�li�m shaU pasti!;���r;��x".'�.r t��thc cxk�U t�f li:t�un�+tic.ur:�!!,y t4�s����ar�t} � .
<br /> Instrwttenl immeJiatcty pri�r w ihraryuiv�tcrn. .
<br /> 6. Preserv�tiun nnd ntaintrnanee ol F'roprny:l,eayehotds.. H��rrowcr shall nnt dc�v��y,damage��r�uh�tw;:;��sU�� •
<br /> c��ange the t'roperty. aNnw the 1'rc►�rty lo deter_,�;ate�+r cuu�m�t uarte.6:a',t�4 Srcurily It��truntrut is ut�� Ica�ehi►!d.
<br /> FA�r�awer shall cc�mpll•w�t'�:he pruvi�iun�nf Ihe tea>c.un�!�P Hurra�uer ucyusrcS fcc t�ilc t+�thr Pruperty,the lca5chuld and �----�
<br /> fee tide shall�mt merge tenfsts Lcndcr�grcrs tc�the merqer�a a r�tmK . ' .
<br /> • �. i'�otectian nt I�cnQ�r'�► Ni�tht� in the Property: '�turt{�Ke Insurenc��. :` ��:.rr����er L»t� t�� perf��r::i the
<br />" covenants�nd vbrcements�nnta�nec!ir�this�ecunty i�i4trumrn�.nr tt►crc wa Cegat�,rv��<;::::i�;thet may��g���ticar�rfy s:Tcct
<br /> . .. _. .. . -�:'4'TT��9 f1�IIS(i11t1C �ilf'���(�ClC�I JS����T�Kec�.'��R �n tia�ikru�fcy. rrnt;;itc. }/�t I.<+tl[j:(tllt:l�l(111 <�i :`crifii�cc I��ti� ��r � ' - � ' ' �
<br /> stirgul;fttons),thei+I,cf�Jer n�sy duand p��fur�hat_x,a isnccc�wry t+.prE�tect tt,e�afuc��Fthr t'rurx:rt�:��;:1 l.cnder';rrgl�t� � :�;
<br /> %t thr Property. l.ender'�,actiot��m�a� inrha�e p.��:r•F:�u} vam< <ccurcit hy a hen��hr.h h��c pnr�rit� n�rr th�� Sec�►rttp � '
<br /> 1ns1(utt�Cnt.up�C;�t�u�iti court.r:,y����t[eart�nabte a.t�c}rneyti fee�aud entenng a»tl�c i'r��prrtti t��rt�akr r��.ur�- •R.-!�,c.�:h
<br /> � lxnder may Iaice:ecU�m�nder Itn�p:�ragraph 7,l.rr.cf.r doe�n�,i h.ne ta dcj�c,
<br />: • A�sy amountvd�sbur�cd by Lcrcdcr w�dcr ih:�Nut:�gr�ph 7�hell hE�e�rnc ad�l�i���n��l clehr�+f fi��rr��ti��•r Sc►urr�t h� tl,s� �,
<br />: Se�ur�ty Insttuuieu�.Unlc^�.�tt�ranuet�ttd I endr�'u�r.;:'ee t�•nfhet termc e�f pap•ment.thc•�.airinut�t��h:+l!he,�r�ntcrc�t f►��rii ` �p
<br /> {he d5te e�f dts6utsemr�rF as thc �Vi�1E r:►te antl+°.i'�he �,�y.ihte, t4f��t lfil,��t�t sFp��i� tfc-tt,� ft��+;f i rr�dc•[ h� I;�rrn�tticr ' M�
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