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<br /> . ' v�,�o,�Mco�„►�: �e��.nac�,wa�,►��.,�a 94�--� �0�1f 6 . „`, ` . . `
<br /> ` �.,Fit�eN of �as folW+vs: •
<br /> Pri�et�t a�tMMw�Pe+ps�t�1 Lte Au�n. Borra*►er shall F�Pt�Y D�Y when due
<br /> � �P�P�af md iaterat on tbe debt evida�ced by tbe Note aad any preqlrestnt�ad!ue cb�r�es.due under the Nata � .
<br /> ` ` 2. F�It f�Ta�s ri�weart� Subject to�pplica6k Isv a�to s�rritten wrtiru�y l,eada.Borra�rushs!!pt� - � -
<br /> to teader oo the tLy aiontbhr P�Yments ue d�ie under the Not�until t�Note is p�id in fiilb a sum("Funds")equal to . -
<br /> � oae-twdhl of(s}ye�rtyr tua �ad aw,�ments wldch may auaia priority ova tbis Srcurit� lnstruteent: rb?yadp
<br /> ' � ` , .kaehotd p�yments or�r�ound ra�ts on the Property, if anY; (s) Yarly 6arsrd insunnce premideas; and (d)Yatiy . . .
<br /> . �i�uram aemiva�.if�ay.Tiiae itoms�e qilkd•.perowr i�arts."Lender msy estimate tbe Funds due an the �
<br /> braoiCtutestd�budrea�ona6ke�timstaoffutureacro�vite�ns. �
<br /> �'beFwids i�W be�dd inas i�stitution tbe depo�itsoraccoiiatsof evhich ue iawred ot�wnncoedby s federalor
<br /> � , �tste yewcy fiu�ciudi���t.e�der if LaWer a suc6 an institutian).l,ender shali appt�r the Fuu�ds to psy[be acmw itans.
<br /> I.ader may not clur�e fos taldin�aad appiyin j the Fuads.anaiyz�na th�account or veri[yin6 the escrow items.unkss
<br /> , L�er Pilr�Borcowu intenst on the Fuhds�ed appiicabk tsM permits I.enda to make such�chu6G Bormwer and
<br /> �_ . 1�der io�sy sjtee in�vt�tina tbaf irttetat sball be piid un the Fuads..Uakss ar�agra�na�t is�sde or tpplicable faw , .
<br /> ' req�i��utenu W be ptid.Lender shalt rwt be roquircd to pay Borrowu any interat or earni�s on the Funds.I.ender' �
<br /> ' �11 pve W 8amo+va.�vitbout�c�r�aa annwisccouniit�so[tde Fundsahowist�crcdits�nd de6iis tothe fu�sand the
<br /> parpat fcrwbich qch debit to the Futds was mad��Tbe F��p�����ditionat socurity for the sums securod by . .
<br /> ` , tT�LSecuritytastrwnea�:
<br /> ; tf.tLe amount cf tlje Fwards beld bp Laider,to�ett�er�ritb the fitture monthly PaYments of Funds pays6k prior to '
<br /> , tbe due datts.of the acro�v Iteaos.shalt eaceed t6e amonnt tequired to pay the acro�v items when due.the eacess sh�ll be.
<br /> � �t Honro�rer's option.eitber promptly repaid to Borro�rer or crodited to Borrower on monthty psyme�ts oi�Funds.If the
<br /> , . amouat oPthe Funds held by Leuder is nat tulficient to pay the acrow items�rhen due,Borrower shall pay to Lender any � �
<br /> , aa�ount nocasary to�aakt ap tbe de6ciency in one or more p�ynients u roquired 6y Lender. . .
<br /> . Upan psyment in futl af aN sums secured by this Security tnsirument.I.ender shall promptly refund tQ Borrower
<br /> --- - _ aa9 Funds hefd by l.ender. lO�nder paca�rapb 19 the PrQperty is sold or acqaice�by i�endrr.-l.�-ncfer sbzll apgiy:ao t�ter
<br /> � ti�srt immediately prior to the�ale of'the Property or its scquisition by Lender.any Funds held by L,ender at the time of
<br /> � � applicationia a etedii i6a:�st the sums sccur�by thisSocofity Instruraent.
<br /> 3. A�liatlo�of P�y�esb„ Unkss spptiqble iav provides otherwise.�II psyments received by l.ect�r under
<br /> � p�rynphs l uKi 2 shs116e spplied:C�rs�to lste chsrges due qmc�er the Note;second.ta prepayment ch,arga dae�der the
<br /> Nd�third,tccamounts psyabk under pan6rap6 2;fourth;;�ctz�erat due;and l�sb to principsl due. '
<br /> 4• �I�ea�. Borruwer shalt psy a11 tsaa,usessments,charga,frnes and impositions sttributable to the �
<br /> PrepeAy Mhicb may atuin priority,over tliis Sta�rity Instrument, an�.l�aiselrold payments or ground rmts� if any. " �
<br /> ' Bomo�ver sb�ll p�y these obli�tiona in tbe manner provided en p�rogrspb I�or if nat,�aid in tbit manner.Baaower sh�ll '
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<br /> . . psv t oa time di.es!ty s�tlsee�s-.os�a�,�t�t ptyn;�i.$�r��;f�a{i pn�mptiy�ur�s3t ta Lertde��ll notices of smounts
<br /> to be p�id under tbis pan�raph.lf Borroxcr mslces these pxyments directty,8or�ower shall promptly furnish to Lendet `
<br /> acapts evida�cina the ptyments.
<br /> ; BacroMer shall promptiy dixhsrte�ny lien which!�u priority over this Securi�y[nstrument untess Borrower:(a) � �
<br /> , sjraetin w►ritinj to the p�yment oPthe oblisatioo securod by the lien in s msnner acceptabk to Lender.(b)contests in good
<br /> : fiiih the tien by.or defends apinst eafnroeaient of the lirn in,kpl proceedin�s wrhich in the l.ender's opinion c�erate to -
<br /> ' .� • pavent the mforcement of the tien or fnrt'eiture oiany part of'the Property;or(c)secura fram the 6older of eL;.e lien an � � _—
<br /> ajreement sttisfactory to Lender subardinating tl�t lien to this Security Instrument.IP i.ender determines that��sy part of ��,—
<br /> � the Property is snbject to a lien which m�y sttt.a�priortty ove�thit Sxu�isy Instrument.Lender msy give So�trower a •
<br />• notice identi�yins the lien.Horrower shs11 s�tisfj�a}ie lien or uke one or mate of the actians set forth above within f0 days
<br /> oPthe�ivin=of notiee.
<br /> S. Harua I�an�ce. Bortowsr shsl!Icap the improvements now taisting or hercatter erected on the�hroperty �
<br /> . insu[od asainst loss by fire,hs�rds included withln the term'•eatended coverage"a�d any other hsz�rds f�r wh�:tt ILender
<br /> � requira inwrance. This insuriu�ce ah:ll be maintained in the amounta and for the periads Ihat Lender requtrd. Thc
<br /> . inwr�nce curier providin= the insuru�ce shall be chosen by Horro�rer subject to Lender's approvsl which sha:1 not be•
<br /> unreasnnsbly wilhheld. �
<br /> A�1 msurance policies srtd r�val�shs11 be acceptaF�ie to Lender and shall inctude s atandard mongagc ctause. : �f
<br /> Lender shall have Ihe ri�ht to hold�he palicirs and renewals.If Lender requires.Borrower shsp prumptiy give ta Lender
<br /> sl!receipts of p�id promiums and renewal notices.ln the event of loss,Bora�wer sh�ll�ive prompt nutice to the insur�nce �
<br /> �arrierand Lender.l,endpr may malce prooiof lassiPnot madc ptomptly by Borrower. '
<br /> Unles�Lendet snd Barrowe�otherwise�gree in writin�,iasurance procesds shall bc applied to restoration or repsir
<br /> al'Ihe Prope�ty damaaal.if thr restoration or repsir is ec�nortsically ieasible�nd Lender's security is not[essened.tf the
<br /> ratontion o�repair is Aw economically feuibte a;Lender's�ecurity would be tessened;the insuranc"e�ptoceeds shaU tie . -.. . _. ----�- -- .. ..
<br /> - �plied to t}K sums aocurod by this Security lnsanitnent�whether or not then due,with any eacess p�id to Borravrer. li
<br /> Borrower s6mdons the 8ropetty.ot daes not aaswer within 30 days a notice from Lender Iha�the insurance caroicr�as
<br /> oRered to aettk a�clsim.then Lender r:ssy collect the insurana pracada.Lender may uu the procads to rep�ir os�estore
<br /> the Property or to qy sums secured b�r this Security 1n�ttument,whether or n�� then due.The 3U-day period wad�begin
<br /> �hen the motice iiaivrn. �
<br /> ' Unkss i.enderaaa�orrowtcaxherwise agccs in wdting,any applicasion oPpruceeds to princi��1 shall not extend or
<br /> �ost{wee the due dau a€aF.e monthiy payments ceRC�red to in par�graphs 1 and 2 ar change thr atna�::::x of the paymeais.lf
<br /> . under p�rag�ph 19 th��'roperty is�equired by Lender,Borrower's right ta ar,y insura;�:e'polacus and proceeas resulting
<br /> � f[ofi damaae b the Properfy pdor to thr acquisira�t sh�l)pass to Lender to tht eMtent c;c:�e sums secured by this Secunty
<br /> Instrument immediately prior to the acquisitioa. � �'_ _—`---
<br /> 6. I'h'aen'allo�aN M�I�te�asce ot P�er�;Lease6olds, gorrower shall not Qr.ct�oy,damage or substan�ially
<br /> change the properly.a11ow the Propeny to deteriorata or commit waste. If this 5ecurity Instrument is on a feasehold.
<br /> .. 8orrotver sh�ll cnmplg witb the�rav�slvas of�he ltas:,sreQ 6�8esrsourt�cquirrs fcc�itk�a the i'rc,�erty.fltr#casehold and '
<br /> ta title�h�ll not merse�unless Lender agras►01he merger in wtiteng. '
<br /> 7. protecH� ot LetideP� Rf�Lb in the ProoeHy; MoHg�ge lnsunece. li' gnrrawer faits to perform the ,
<br /> caven�nts aad agreementa cantained in this Security lnstrument.ot Ihere is a legal proceeding Ihat may sigmhcaqtly affect ' �
<br /> Lt.endet's�ghts in the Property(such as a procecding in bankruptcy, pra6ate. for c�ndemnation or to etif'orro�aws��r
<br /> regutttions),then Lender may Aa an0 pay far wha�ever is rse�ressary to protect the valur nf�he Property and I,ender's tights ;�
<br />` ' ie Ihe Ptopetly. Lender's actions may 'tnciuQe paying any sums secured by a lien which has pnnruy aver th�s 5ecur�ty t�
<br /> � �' Instrumtnt,appearing in court,paying reasonabte altorneys'fees snd entenng on!hc Prapet�yr�<�m�ke re�+aits.l�t�htiugh �
<br /> I.etider may take acliot�under this paragrapb 1,t,ettdr,r das ttot havt to do s�r. _ �
<br /> Any amouats disbursed by Lender undes this p�tagra�+h 7 3ha11 become a�t�urona!de6t n1'�orrc�wer secured by this ;,.
<br /> . 5ecurity Insttnment.Unless 8orrawei attd Lencler agtee to other trtms of payment.these amounts shall bc�r�nterest from
<br /> the date aP disbursemem at the Note rate and shall be payablc. w�th interest, upof� nottce fram Lender 1a llorrowcr
<br /> , toquesiing payment.
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