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<br /> � UNIFORM COYfiNANTS Hcirrawer and Lender eovenan�and ngree i+s f�iio�«:
<br /> � !. Peyn�ent at Nrincipal�nd lnte�at; P�epayment and i.ate CharRes. Borr��a•cr shall promptly pn�� w•hcn duc
<br /> thc principal oPAnd interest on the debt evidrnccc!by the Note end any prepnyment and latc charges due undcr thc Note
<br /> 2� Fu�fa�'�'axa aud lnsu��nef. Subjtct to�pplicablc taw�or to a writte�w•aiver by Lencler,Bareuwrr�ii�dl�.�}�
<br /> ta I.rnck�on lite�iwy n�:thl}pa}n�ent4 s�re due undc�thc No1c. until ehe I`�tc is paid in full.a sum(•'Tunds"��quni to
<br /> � ant-twelflh aF. (�) ye�rly taxes and 9sses.�mcnts which may attain pr�ority over this Securits ln�c�uinent; (h) �rarly
<br /> teasthold pay�ents Qr gmund rents on the Pra�+erly, ii any; (c? yearly hnzard insurance premiums; and (d) yev�ly
<br /> mort�a�e insurunce premiums,if any.These items are callec!"escrow items."Lrnde�may estimatc the Funds due an the
<br /> basis of cutrent d�ta�nd rrasanablc eseimatcs of future escraK items.
<br /> The Fands shall be held in�►n institution the depos�ts or accaunts of which are insured or guarnnteed by a federal or
<br /> � state�Eency(including Lender if Lender is such An institution). Le�ider shall apply the Funds to pay �he escraw items.
<br /> • L.ender mty not charge for holding and applying the Funds.analyzing the account ur verifyi�g the escrow items,unlesc
<br /> + Lender pays Borrowor intercst on the Funds and applicable law permits Lender to make such a charge. Bonower and
<br /> � L.ender m�y agra in writing thnt interest shall be paid on the Funds. Unless an agrecment is made ar applicable law
<br /> : requires interest to be p�id,L.ender shall r�ot be required to pay 8orrower any intcrest or earnings on the Funds. Lender
<br /> � ' shall give to Borrower.without charge,an an�ual accounting oPthe Funds showing credits and debits ta the Funds and the
<br /> � ; purpnse for which ach debit to the Funds was made.The Funds are pledged a�additional security for th�sums secured by
<br /> ; this Sscurity Instrument.
<br /> � If the s�mount ol'the Funds held by Lender.tagether with the future monthly payments oi'Funds payable prior ta
<br /> � the due dAtes oF the escrow items.shall exceed the amaunt required to pay the escrow items when due.the excess shall be,
<br /> � at Borrower's option.either promptly repaid to Borrower ar credited to Harrower on monthly payments af Funds.if the
<br /> � ; smount oi'the Funds held by l.ender is not sufficient to pay the escrow items when due.Bonowcr sha!!pay to Lender any
<br /> amount necessary to make up the deflciency in one or more payments as required by Lender.
<br /> - �Ipnn payment in Pull of a11 sums secured by this Security Instrument,Lender shal)promptly refund ta Bercower
<br /> any Funds held by I.ender.lf nnder paragraph 19 the Property i�sold or acquired by Lender,L.ender shall apply�no later
<br /> th�n immediately prior to the sal=of thc Property or its acquisition by l,ender,any Funds hetd by Lender at the time of
<br /> application as a credit against the sums secured by this Security Instrument.
<br /> 3. Ap�lidtioa oi Pay�eenb. Unless appiicable law provides otherwise, all payments received by I.rnder under
<br /> paragraphs 1 and 2 shall be applied:8rst,to late chnrges due under the Note;second,to prepayment charges due under the
<br /> Note;third,ta amounts payable under paragraph 2;fourth,tu interest due;and last.to principal due.
<br /> 4. CGargea;Liens. Borrower shall��all taxrs.assessme�tt�,.charges. fines and impc�itions atiributable to the
<br /> Properiy which may attain ptiarity.over this Security lnstrument, �nd leasehold papments vr ground rents. if any.
<br /> Borrov�er shal) pay these obligations in the manner provided in paragraph 2,or if not paid in that manner,Bc�ttower shall
<br /> pay them,on time directiy to the person awed payment.Bcorcawer shall promptly furniah to l.ender all notices of amounts '
<br /> ' to be p,t�id under this paragrnph. If Bonawer makes these payments directly,Bor�ower shall promptly furnish ta Lender . ,,
<br /> __ --_- - recsipts tvidencing the gavments. . �
<br /> Bonawer shatl promptly discharge aay lien which has priority over this Security InslruRFent unless Borr�wer:(a) �. °—
<br /> i =—
<br /> agrees in writing to the payment of the obligation secured by the lien in a manncr acccptable to Lender;(b)contests in goad , -
<br /> faith the lirn by,or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion operate to =
<br /> prevrnt the enforcemcnt of the lien or forfeitnre of any part of the Property;or(c}secures fr�m ihc holdcr of the lien an
<br /> agreement satisfactorb to Lender subordinating the lien to this Securit� Lnstrument.If Lender determines that any part of -
<br /> � the Property is subject to a lien which may attain priority o��er this 5ecurity lnstrument, Lec�der may give Borrower a :
<br /> � notice identifying tho lien. Barrower shaU satisfy the lien or take one or more of the actions set farth abo�•e a�ithin 10 days
<br /> I of the gi�ing of notice. '
<br /> i S. Hturd Insuranee. Barrawer shall keep�he improvementc now existing or hereafter erected on the Propeny
<br /> insured against loss by fire.ha�ards included within the term"extended coverage"and any other hazards for which Lender
<br /> requires insurancc. This insurance shall be cnaintaincd in the amounts and for the periods that Lender requires. Thc
<br /> insurance carrier providing the insurance sh311 be chosen by Bo�rower subject to Lender's approval which shall not be
<br /> . � unreasonably withheld.
<br /> All insurance policies and renewals shall be acceptable to L�ender and shal!include a standard mortgage clause.
<br /> Lender shall have the right ta hold the polic�es and rencwals. IP Lendcr eequires, Borrowcr shatf promptly gi��e to Lender
<br /> ' aU receipts of paid premiums and renewal notices.1n the e�•ent of los�.Bcyrrower shal!gi��e procnFt notice to the insurance
<br /> . carricr and Lender.Lender may make proof of loss if not made promptiy by Borrower. �
<br /> . Unless Lender and�ttowcr otherwise agree in writing,insurance prnceeds tih311 bc apphcd to rc5toranon or repair
<br /> af the Property damaged. if the rtstoration or repair is economtcal{y feasible and Lcnder'�sei:urity is not lessened. If the �
<br /> restoration or repair is not eeonomically feasible or Lender's secunty +�ould be les�ened. the insurance proceeds shall be
<br /> applied to the sums secured t�y th�s Security Instrument,w•hether�r not thcn dur,with any c���ss paid tc� 8orruwer. [f
<br /> Borrower nbandons the Property, or does not anca•er wrthm 30 da}�s a notice from Lender that the insurance carner has
<br /> offerai to settle a claim,then Lender may�ollect the in�uraRCe pr��ceeds. l.ender may u,e the procceds to re�air or restore
<br /> the!'ro�+eriy or to pay.ur�o.>cru��rt!hy thi>Sz�:ur�ty InstrunZent.whethcr nr nni thrn duc. Thc 30-day �ertt+d a•ill begin
<br /> whtn the notice is gi�en.
<br /> Unl:is l.ender and F3nrroa er otherwise agree ui w nt�ng,any apphcatwn uf pmceeds to pr�ncip.al�hall not exten�nr
<br /> past�ne thc due date of the monthly paymcnt�rcfcrrcd to�t�paragra�+h� I and 2��r�hange the amount of the pay ments.If
<br /> under p:�raFraph IQ the Proper�y�s acywred by i.ender.H��rrm�er'�nght t�any �murance polic�es and�+r��ceed�rewlting
<br /> fmm damage to the Property�ptinr to the acqui�iunn�half���c t��Lender ti�the e�tent c�f the�ums�ecurcc�h� thrti Ser�snt�
<br /> J�2s�rument immediatel}�pric�rt�thearquisitit�n
<br /> �. f'rrservotion and�taintenAnce of Yroperty;l,ea�ehuids. fi��rrc�wer�hall n�rt dc�trcrn,dama�;r c�r whtitant�aUy
<br /> change the Nroperty, allc•�� tlie Pro�er�? tn de�ennrate nr c�mim�t «a��e lf ii�i� Se�urrt� In�trument i���n u lea�ch��ld,
<br /> Harrow-er sh:�ll�ompl� �►ith the pro��ctonti oP the lea�c.:tind�f lii�rr��arr,uyu�rc.frr t�tlr t��tfie Pr��perty,thr Ica�ehold and �--'---- -
<br /> fee=title shall nat mer�:e untt�c l.en�ler agrre�ti�Ihe merger ui�cntmg .
<br /> 7. �'rotectioa of l.endc�'s Rights in the Pruperty: �tortE;a�;e Insurance. lf Hrrr���+rr faii. tc+ �+erfc�rm the
<br /> cu�ena»tsand agreemenl�r��ntaireed m thisSecunty Irititrursirnt. �,r thrrr�,d It'Lde rh��Ct'(Iltl�'t1131 Rl�!} tl€lltfil'.1ll1lt affecl
<br /> Lender'�nght.m the Pr�perty (�uch ac a�r�keeding m hank�uptry, prnh;,tc. frr r�+ndemnatu�n ��r t��enfnrcr la«s ��r
<br /> ecgul:�t�.ins).thcn l.indcr sriay ci<s<<tu!r�} fcu uhatc'L�P 1�RC:Ctti.ss�t�+�r�+te:r the�..tluc e�f the Yrt�E�:rt) at�d Lendcr'ti c�ghtti
<br /> �n �hc: Propert} I.cndcr'� aitinn� rna} inrludc pa��ne an� wm� ,c�urcci hti ,� tirn ��turh h�� �+r►i�nt� r��r thn tie;urity �y�
<br /> L intitriimrnt.appcanng in rourt.���►i���:re.��an.ihle.�tt��nie}�'(ec.an�1 er.trnnp� n the 1're��ert} t��mai�c r:,-�m •11th�+i��:h >�
<br /> I.ender tn��) tskcact��m�ndet th����.uagt.�ph '.1 ru�tcr dt��.nvt h.�►e tn�ir�:� ���
<br /> ftn} :�m�,t�nt�di.riur�c•d h� 1 endet �ui�ler thi.y��r.�er��rh-�h.�ll hr���im .i..i_im:�n�i il�►�t��t Fi;�rr���.eer .r�urr,1 h. ttu• M(`r
<br />- �Ctllr�f� II741(�.!11lC!!E � !)�:J:�ji��xf��ttt•{.�f+���< nr]!'t ��_fs'�•t„.�tfiGt t�•rm.��1(:.�ti�:c�.t tf•c�r.itni�i,t�h.f�s���caC :t�tcic�t f(��Ili 1 n_
<br /> thc�fat�• tS �i�hur.c:nrnt .,: Ihr \,�tr t.�tr .�r,1 �h.�{1 h� }.��-in:._ ui+� :,�•�i.�' �� •ti n�.,�,� tr� ,n ! �r,�l:� , . !i ,�•,,,e�.r #t[4�
<br /> reyuc•tiStiiH�.i�mcni
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