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<br /> ' , �Uw1FoRM CovEN�Nrs. Borrower and Lendcr cavenant andagre�r as follows: �O� . . �
<br /> ` . 1. P�y�t of Pri�ctM1 aed Ieteres��y�tnt and Lte C6�trges. Bonpwet shall promptiy pay when dae ,
<br /> _ ihc princips!o�'and interest on Ihe debi evidenced by the Note and any prepayinentaad latecharges due ander the Note. �
<br /> - �2. Fit�l[s far'�'a:es aad Ies�aece, Sukject to applica6le taar or ta a writtert aaiver by Lender,Borrouershali Qay � �
<br /> to I.ender on the day monthly payments ar�due under the Note,untii the Nate is paid en futl.a sum("�unds")equal[a � ,
<br /> �, onatwelfth of:�(a)yeatly taaes and assessment�s which may �train priority o�er this Security lnstrument; tb)}eatty �
<br /> teaseh�ald payr�aus flr �round t�nts on thr Pen�crty. if aay, #c) Yearfy ttsiard 'auurartee premiums: and (d3 Y��S � .
<br /> , martgsge insuranct premiums,if arty.T6ese items are caltW"escrox items."Lender may estimate the Funds due an the � � .
<br /> baslsofcurrcntdataandressonableestimatesoffucureescrowitems. � . �
<br /> . 'The Funds shall be held in an irrstitution the dcposiu ar accounts of which nre insured or guaranteed by a federaS or �
<br /> ; state aaency(jnctudiag Ltader if Laidet is sucl�an institutia�n�. Lender shall apply the Funds to pay the essr�x items.
<br /> , . � Lender eiay not charge for holding and apptying the Funds,analyzing the account or verifyring the acraw items,untess
<br /> �, Lender pays Borrowet interest on the Funds and appiicable law permits Lrnder to make such a cAarge. Borrower and �
<br /> Lender may agr�c iti writing that interest shatt be paid on the Fands. Unless an agrcemerti is made or appticable taw
<br /> requires irtterest to be paid,Lender shall not be required to pay BonaRer any interest or earnings on the Funds. Lender
<br /> , slull give to Botruwcr,withoui charge,an annual accounting of the Funds showing credits and debits ta the Funds artd the . �
<br /> ; purpose for whicb each drbit to the Fuads was made.The Funds are pledged as addiuc*�.4 security for the sums secured by � �
<br /> . thisSecurity Instrument. .. � �
<br /> �. .: � IPthe amount af the Fands hetd by Lende�r�.;Qgetber with the future monthty gayineets of��sdspay�atsIe priar to
<br /> � - .��.�:�r due dates of the escraw.items,sha!!exceed c'fiie s�ir.aunt cequired to pay[he escrow�items whea��t6e excess s'6att be. :.
<br /> . ' ; . �e4�i3trovves's agtian,either promptty:;r.�s�aid to&s�rower oa cse�ited to Borrower on mcont6ty pa}�ieats csf Faa��.�.�f the - � '
<br /> � a���r.t�€tt�::;�unds held by Lertdez a��±��t su}ficitnt to pay the�rctow items wher�due,Horrower shall pay to E,�-��i any "
<br /> ains�unt nev��iy to ma:e�;s€�e�3e7ic.zney i»one c>r more payds�ts as required by LeRder.
<br /> . : , . --. t±pon payment i�a ifi;L��oial!sums secured 6y this Security lnstrument,Lender shall promptly cefund ta Borrower
<br /> , any�unds hetd by j,ender.Tf under paragraph 19 the Prnperty is s�td or acquired by Lender.Leader shall apply.na later �
<br /> tl�n imsnediately prior tn the sale o�the Pr�perty or�ts acqtmition by E.ender.any f'unds Aetd by Lender at the time of.
<br /> application asa credit against the sums secured by this Secunty lnstrument.
<br /> 3. ApDlieatton ot PAymeep. Unlesti applicah[e taw p*��idec otherwise,_5llpay�nents received by_i.ender under
<br /> paragraphs 1 and Z s6at)be applied:first.to tate charges due under rhe h'ate:second,t�prepa}•ment charges due uncler the
<br /> Note;thi�d,toamounts payabte under paragraph 2;fourth,to interest due:and last.m princip�t due. � �
<br /> � 4, t?iar�e�I.itRa. ��.�w�r tinau ray�u�x�,_us��mlentc,chnrgeti,fines and impasitions aurihuiable to the
<br /> Property which may attain priority aver thi� Cscuriey lm:e:umrnt, atte Ira:ehatd paymer�t: ur gnivad �-ent�, �f ahy.
<br /> Rnrrnwer shal)�ray the�e ubtigatiunc in�he ma�mer pt�ti•tdcd�n paragraph 2,ur�r nnt�a�d�n Ihat manrter, Hc►rrower shall �
<br /> � pa�y them nn time direelly to the person�►wed payment Harrcrw•er shall pr�mptty fatni�h lu t.ender aU nnt►eec nf am�untc
<br /> . tn he paid undet Ihis paragraph. [f finrrou•er maketi these payrnrntti duectly.Rnrr�wer�hal1 promptly furnitih ta[.ender -
<br /> � receipt�evidencing the payments.
<br /> Qorrower shall promptiy discharge any lien which hac prionty rn�er thrc Securrty Instrument unlesc 8orrc�wer:(a) �
<br /> agrees►n wtiting t�the payment�f the c�bfigat�an secured by the tien m a manner acceptable tn l,ender,(A)rontrsts in good
<br /> faith the lien by,or defends against enfi�rcement of the I�en in,teg�i pracccd�ngc wh�ch in the l.encier'���pinion operate ta :
<br /> prevent ihe enforeement of the titn or farfeiture of any part c�f the Property; �r(cl secures frum thr hotder of ihe tien an
<br /> ' � agretment lsatisPnctory to l.ettder suh��rdQnatmg the lien tu�hu Secutity ln�trurnent.if Lender determine�that zna•parf nf ' -
<br /> the Prapert} is!.ubject tn a lieo which may attain pnor�ty .eti•�r this 5ecur�t�• Instrument. Lender may give iicerr�wer a -
<br /> notice identdying the I�en.Nnrruwcr�ha�t sat�sFy thc licn or ta�ce vnc ar mnre�f'the acs«�;4�Set forth abm�e�tiuher_ :�}dayti —
<br /> ofthegivingoPnolice. �� .=�
<br /> S. tfszsrd Insurt�tc+e. 8arma•er shall R�r�itte�mpra�ement�n��u ex��ting c�r hr.rcafcer crectcd nn the Yrc�perty '
<br /> ir,sureci against t�xs by fire,ha�ards mc::�cted with�n rhe trrm"extended catierage"and a�ti �,tl�er I�a�ards for ah:ch(.ender
<br /> requires �ns�,�zance. Thi•, in�urance sb,�:. br maintamed !n t':c amnunt�and fi�r thc �-e;:�uiti that Lrndcc rr��c�ru� The
<br /> insurance c�r�er providing thc intiura^:;e shall he rhusrn hy �§��rrowcr sub�ect tu t.rr_�:r'�a�►pr��vaE ah�ch cha:k�n��1 he �
<br /> unreasonably withheld: �
<br /> All�ns�ranc�{wl�ci��and renewals shalt:."+�.ac�e�►lable lo I.ender anci shall�nclude a ti!ar:;��.i martgage clautie.
<br /> Lcnder shall have the r'rght to hotd the pcalic�e.;�r,�renewal�. If l,endcr requ�re�,f�ntr<►wer rh.�fl prornpdy givc tu Lender �
<br /> all receiptsa�paid premium�tmd reneua{notcce5 ic�the erent nl't�s,I�r�rruw•er�hall g�ve pr��mpt nnt�ce to tl�e in,urance ,�f�
<br /> cAr�ier and L.ender.l.ender may make pnx�P��f lu�ti�f nut madr prumptly hy NEtirr��wer. ;,
<br /> • Unless l.cndcr and li��rrower otherw�.c agr�c�n wnUn�;,iutiurauce prruc�a.,n�»n�;�ppSicd to rc�torattnn�rr rcpair
<br /> csf the Nroperly dama�ed,tf tht re!�torat�on ur repa�r i�eec+nom�r��lfy feati�hle�nd tA�uler'.�ecurity�� n��t letirenrd if the
<br /> restorati�n��r repair n n��t er�momically feariblr or I,ci�dcr'��ecunty wnuld be Ic�,ened,the uttiututtc�p�r�cccd��h�ll bc
<br /> applied to Ihe sumti�ecured by Ih15 Se�urity Imtrument.�.t�e�h�r�.c ������ne���i���, uuh any c xcc��pan}tv Hurr��wct If
<br /> Borr��wer ah�ndcmv thr 1'rnperty, ur dcx�r1�t antiwer«��th�u i(►da}�u m�tice f�um Lendcr th,�t thr in��uan��c carnet ha�
<br /> ofCered t��etde a ctaim,then_I.e►�c1er may ctillcct thr�t�rurar�cc pr�,recd...l cn�tcr.m:�y.u��•.Ii►e.prca•eed�t��re�+:��r.ur-rr�t��re-� --- . . -�---�-- ..
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<br /> the Prnpeny r�r t�,p:�y �uim tie,;ureJ I�y th�ti 5rcur�ty 1n�Uurncnt.whrthrr c�r iie,t then due 1 he a(�•Jay p�t u9it u�ll hcR��r
<br /> Wrhe��Ihe nntice ic gt�en. .
<br /> ' Unlecc I.et�Aer and Nurrc�wer nthcrwt�c;�grer m��rumg.au} ap�+lir�,u��n��t prn.ee�el�t��pt uic�p�{,halt nc�t e;tend nr
<br /> post�xmc thedur d�/e�►f�he m�nthly paymentti refcrred tu u►par.�graph+1 ancl 2��r chau�;c�hc i1111(�Ulil(�f Itlt(/J}f11�11(ti. I`
<br /> . under pavagraph 19 thc i������y►���qu����ny t.rn�t�. t3�,rr�•w�cr's nFht ta an� m�utarirc�y,t�rccs and CreKrrds rc�ultinK
<br /> from dam:�ge to the!'ruperty pnur ar�he acyufti�tic»i�h�►U pati�t��l,endrt tu�he catcut nf tfl@ tiU1/1�4('CUf4�d hy tl�iw Secunty
<br /> . latitrumentimmrdiatcl}pnort�+thearyui�ihun.
<br /> � b. Presewatian and'�faintenance otP��,perty;l.easeholds. k�±rnn�cr�hall uc���ie��ray.d;�njaFe nr suh�iar►i�ally�
<br /> chauge the Pns�►erty,allc�H the!'ra�tty t�•deter�orate c+r ce�i:►m�t ua�tr If thi��ecur�t� In�tvument i�c�r, ;, teatich��let,
<br /> � ' E3orruwet'�ha11 campty c�ith tl�e pru�i�iun�„f ihe ic.LW:.and�T 8nrruacr:kyt�itcti fee titte t��Ihe 1'r<�per'v,thc le.ireh��ld.�t►d • _-_ -
<br /> ' �'�e tnle shall not mcrge unlesti Len�9er:�grees t��t��r•:.•-g�r ir�c�r�tm�; ,•
<br /> 7. Frot�ctlop o! IkndCr's Rigbts In the �'topeoty: ~tutf��;e Insur�nc�. If N��rruwrr fa�i� t�� �•,c��••-rn thr
<br /> ct>venantc ac�d agreemet�ts cont��ucd�r�th��Securf:4 ;nst-;sn:c�:�. ��r thc;rr n�le�a!E+ta.cr;.'��i�t1��t rne: si�;n�ri,.,:.t:. a`fe�•s
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<br /> , �.a�tcirf: r1g,:r;�cm fitc#rttsperrv(�:��c a�i+��ec.ifi�iri F�:ii:�,�:�:irt�1. pri�b;rtr. fi�r ���r::;:r:�n.�ti�,n��t t��rnf�,r:c ,:��� �,r - . .
<br /> ' feFulattanv),then l.en�er,:na�cft�.�t�d;.s�fi�r aha;,:,cr i.ne►et,.tr}t�+�r„ce.t thr i:�luc a>i;hc Pr���*er-; :snd I.e;,�32:��n�h�ti � �
<br /> ' tn the Yrc�pert}, [.ende:•'�;:ct�um r►ta} rnclu�e Pa}:n�;�n� �umti�ccure�i h� n !ie•n «f�t�h h:i� F�r,,�r:tt ��ticr tti�• wc.urity �'�
<br /> t tnrtrument,appr�ring cn court,pa�trg rt�sotiahle atte�r�icyC fee4 ati�ei e�urr�r.����T tlTC 1'ro{rrty r�-�f��.:�.�• r�q..:�-. �t'=h�iugb
<br /> [�, Leaderm�gtakeactionut►ilcrthu;+a.atraph7.f.euderJcserr.c:tha�et��.li�c<<
<br /> At�y<smrunicd�shtuscJ hy l.rn:::r uuder th�s�,ara�.rop..��hall hrc�rn,e i1CiLI1l1E�T.a:. ;T:'P•I��' ts:rr.••.a,.r.�•,,;r_•,�E,�th�ti t�
<br /> ' Secuntyinstrument.(?nlessl�arrowerdll/�It1tll!'td3:itf1tiD1}TC�iC.mc��fp;�yr:�cnt.thr�c:ms��u;:�-,t:::�; t�•.,r ;nrfre�rtr�u•, �
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<br /> te�ueefirtfi pavmenf. �
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