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<br /> � � UNIFO1tM E70vENwMS. Bosrawu and Lcnder covenu�t and agra as fouows: 94-1��3 23 2 �
<br /> � 1. Paya�t ot PrindMl aM Lterq�Prea�eat asd Lte�u�e�. Bonower sha11 promptlY paY ahea due
<br /> the princip�J of and ieterest on the debt evidsaced by�he Nnte aad any prepaynr�eat and late chargesdue under the Note.
<br /> , • �2. F�tar Tues�4 I�. Su�ject to applicable taw ot to a written waiver by Leader,Borruwer shall pay
<br /> to Lender on�he�y montbty psyments�re due under tAe Notr.until the Nou is paid in fuA,a sum{°Funds")eqwl to
<br /> aart�el�th of:.(s}yprly taxes and asxs�sments wbich may sttain priority over this Secwity Instrument; (1�)yearty
<br /> �ota a��o��a�a ��� �� ��y, if any; !c)Yeuly hazard insurancx pEremiums; and (d) yearly
<br /> nartp�e insurancc pr�niums,if any.Thesc items uc called'escrow items."Lender may estimau the Funds due on the
<br /> b�sis af c�irrent dats and reasonabk atimaus oifuture escrow items. . . .
<br /> � � 17x Fusids abaU 6e held iu an institutio�tl�e deposits or accounts of which are insused or guarantad by a fedeea)ar
<br /> ` atate atency(includiaa LendeE if Lender is'such an institutian).Lender shall apply the Funds to pay the acrow items. �
<br /> � Laider msy not clusae fot hold'ma and applying the Funds,antlyzing the ascount or verifying the esctaw itetns�nnlas �
<br /> Lenda p�ys Bono�ru interat an the Funds and applicabJe 1aw permits Lender to maice such a cbarga Borrower and
<br /> ' l.ender a�ay agr�e in�vriting tl�at intrtat s6all be paid on the Funds. i3nIess an agreement is made or applirabl�law �
<br /> requi�a interett to be p�id Iknda sba11 aot be required to psy Barrawer any interat or earaings on the Funds.Lender . . ;
<br /> shs11 pve to 8orroaer,without chu�ea an annual scrauntin�of the Funds showing¢rodits and debits to the Funds and the �
<br /> purpase fot Mbich each deirit W the Funds was made.,T6e Funds ue plodged as:�itionaf security for the sums sec�d by
<br /> � tlus Security in�trument. . � ; �. ,
<br /> " � If t6eaa�n�uat bf the Funds heii�dn��.endsr,together witEa�r�uture cr��Iy ga��ts of Funds psyable p��to �
<br /> � thc sSue datss a�a�te escrow iit�nls.shall txcxad the ann��t roquir�to pay t�e�.�ow itesns�hen due.the eacess sha�be, �
<br /> ac l$arra�ier s option.e�tlie��rompuy apaid to Bor�aii►�r or credited to Borr�u�on rreonthly payrn�n;�af Funds.If the
<br /> aav.zc�nt ofthe Funds tcetd try Lendu is aot sutCcient��.�y thc c.scmw items when due.Horrowes shalff�.ta Lender any -
<br />: arnoimt necessary to maice ap the deficiency in ane or more ps�yments as roquired by Lender. � �
<br /> . Upan pay�nait in fuli of all sums socured by tItis Sec�rity Gutrument.Lender s�aGb�flmptly refuad to.Borrawer_.
<br /> _ . ��But�ls ttetd by Lendes.If urrdsr paragraDh t7the Yraperty is sold or acqu;red by L.en�rr..I.ender shall apply.no laur � "
<br /> t4ia¢�immediately prior ta t�hr sale of the Prapaty a�;�ts acquisirion by Lender,any Fuads hetd 6y Lender,�t the time of
<br /> � . agpT�catioa asa credit agais�stt�e sums secured by thisSecurity Instrumrnt. � " �.
<br /> 3. A/�pdos o!Payiseub. Untess aaplii�bJe taw pravides otherwise.all paymenu teceived by Lender uader
<br /> p�rs�sphs i snd 2 ahall be applied:first.to IAte charges due under the Notr,second.to prepayment charges dae under the
<br /> ` Not�third,to amounts psyshle under paragraph Z:fourth.to interest due;and las�to principal due.
<br /> �. Gtiae�e�Iie�s. 8orrower shall pay all taxes,assessments,charges,fines and impositions attributable to the .
<br /> • PropMy which may attain priority.oves this Socurity Instrument, and Ieasehold payments or ground�rents, iP any. �
<br /> Borro�er ahall pay these obliaatinna in the manner provided in paragraph 2,or�f not paid in that msnner.Borrower shall `
<br /> psy them on time diractly to the person owod payment.8onower shaU promptly fum�sh to Lender all notices os�mouats �
<br /> to Se p�id undes this para�npb.Ii 8orrawer mskes thae payments duec�iy. 9orrower sha11 promptly fumish ta Lender
<br /> . receipts evidmcias the paymeats. �
<br /> HorraMer shall prumptty discharge any tien which has pnonty over this Secunty lnstrummt unless Borrawer:(a)
<br /> at,rasin�►riting to the ptymer�t of the obligatioe secured by the Iter►�n a mmner Acceplable ta l.mder:(b)cc►ntests in good r
<br /> � futh the lien by.ar defends saainst enforcemrnt of the lien�n.legal pracoedinas which in the Lender's opinion aperate to �.
<br /> prevent the mfarcement of the lien or forfeiture of any part of the Property;ar(c)secures fram the holder of the lien an '
<br /> aareement sstis#'actary to Lender subardinating the lien to this Security lnstrument.lf Lrnder determines that any part of ;:
<br /> � the Propetty is subject to a lim which msy attain pnorisy over this Secunty lnstrummt, Lender may give Bvlrawer a ,�
<br /> notia identifyinE the�ien. Borrov�er shall satisfy the lien ar take one ot more of the act�ons set forth abc�ve within 10 days
<br /> oithe�ivinaof notice.
<br /> � S. H�rara Iawn�ce. Qorrawer shaU kap the improvemcmts now ex�stmg o�hereafter erected on the Propeny � •
<br /> ,' inanred aaainst loss by fire.hazards incJudad wi�hin the term'•eatendod cover�ge"and any othet ha�rds for wh�ch l.ender ' � ���
<br /> roquira insurance.This insunnce shsll be msimained in the amounts and for the periads that Ltnder rcqwtes. The t���
<br /> . ' insur�nee carrier prav�ding the insunnee shall 6e chosen by Bonower sub�cct t� Le��der's approval which shall�et�i be
<br /> unreawnably�vithheld.
<br /> All insurana poi�cies and renewats shall be acceptable tn Lender and shaU include a st�ndatd mortgage clause. ' �
<br /> [,eoder shall have the right ta hold the paliriss�nd renewals. tf Lender reyuues,f3orrawer shall promptly give ec�Lender
<br /> af&ctceipts oP paid pamiums and renewal not�ces.ln thc event of 1oss,ibrrower shaQ give prompt natrce ta the�nsurance
<br /> carrier and Lrnder.Lender may make praof of tc�ss if nat ra�adaprampdy Ay Barrowrr.
<br /> ' Unless Lender and Borrawer othecwise agree m wnt�ng,insurance prucceds shal)be apphed ta restoratian ar repa�r
<br /> 4f the Ptopeny damaaeA.�f the restoratian or repa�r�s economicatty feas�ble_and Lender's_serunty�s nmlessened. !f the.__ .
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<br /> ratontion ot rep�ir is not econamically ftasible or �.ender�secunry would be lessened,the�nsurance pracecds shall be �
<br /> applie0 to the sums seeuted by�his 5ecunty Instrument. whcther,or rtat then due.with any e�cess pa�d ta 8orrower. If
<br /> Bairrawer absndons tbe Prdpeny,ar daw aot answer witb�n 3p days a natice from l,ender�hat the msurance carner has
<br /> oRered to settle a claim.then Lender may ec:ilect the rosurancr prnceeds.l.rnder may uce the pmceeds to repair c�r restore
<br /> tbt Properiy or to psy sums secured by this Se¢unty Instsument.whether ar nnt then due The 30�day periad will begin
<br /> when Ihe notice�s�iven.
<br /> Unless Lendet enQ�v,�trower otherw�se agrer m wnting,any appluatiar.�7f prckeeds to pnncipal s�;all nat extend ot
<br /> pc�st+?,sone the due date of t!^-*.aonlhty payntents reterred t��n paragraphs i and�nr change thr amaunt cf�he payments.lf �
<br /> un�er parograph 19 the P:��er�y is acquired by Lender.}iorrawe:'x nght to any�nsurance�brtes and prc�ecds tesuthng
<br /> ' frons d�m�ce��:re Property prior to the acquisit[o7 shalt}�ass to€ender tc+the c�tent�f t�e cums securM by th�s Sed�:�:ty ----_-_.--_-,
<br /> instrume�t c^��:ately pnot to 1he asquts�hun. .
<br /> 6. Pre�terratiotiawitild'ete�ueceolProptrqw,i,tasehotds. i�rr�w�<<!�allnntcte5troy.dama:tsnrsubstanually
<br /> ei�snge the Ptaperty. al�ca►�,;he Praperty �a desenc�:a..or m�nm�t vvaste [f ti�_s Secus�ty Instrurnen: :�on a Ieaeehc�ld,
<br /> � Svssov:cs stta��ttxs��ty�i��`:ttc yf�+r�rsivns�,f the�eas�aadr�f Harrc�a-er acqa:rra fce titEe to tire Prcrptrty.tite teac�isa::antt
<br /> , fee title shall rtal merge unless l.tader agrees tn thr rr;-rrgtr m wnt�°�
<br /> 1. Protecdoe o! Lender's Rig6t� in tAe Properly: !�fartgsge tnsuraece. If H�rruwer fa;!s to perfarm the ���'
<br /> � cavtnants And ag�aments contamed in�h�s 5nun�y lnstrument,c�r there�ca iegal praeed�ng that ma�s:�n�ficantly aRert �
<br /> t.etufet's nghts �n the Property (surh as a procer�mg.�n bankruptcy, probate. fot rurtdemnattnn nr to enfarce laws nt
<br /> regui�tions),thtn[.ender m�y do and pay fut w6aterer ic r►ecessar�•to protect the�aiue of the Property�nd Lender's nghts ��
<br /> in tht Propetty. 'I.endtr's ncuuns may include aay�ng an� sums secured by a hen whuh hbs pnunty f��er thiti Secunty �"'
<br />: � inst�ument,appeanng.�n cnurt,�+a►>ing reasnnable attotneys'fees and et�tering an the f't���+eety tv rn�ke:epair4 �lthE,ugh �
<br /> Lencttr r�ay take act�nn andcr eMs paragr��rh�.Cencier dcyes nor ha�t tt��•c� � ,�
<br /> Any atoc�i+M�d�s6ursed by LRnder under thts rat�graph 7 chail ht�:�+me:sdd�tzvnal c}rhs��f B��rxa•wrt ceruted by thn �.
<br /> 5e�cur�ly Instrursfenl ilt�tesS Not►awec and�ender agrec tc.•cither rcrm�r�f�+aymeni,the:e am��uistF�haf t hear interest frE,m
<br /> � the datt c�t d�ct�utsement at the tiote r�te �nu xhr�lt be �•arat+te. sa�fh �nferrct, up�m nx�ti�e ir:�m C"��ider t�� !1<�rii��++�ct �
<br /> tc��esung pa}rnent
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