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<br /> � UHIFORM CoV1ENAMS, HOerowet aitd I.ender tavensnt utd�SnOe as follows: , • , � ` �
<br /> � ., I' ����jM�1'��i�i Lts�s- Ho:ranrsr sball ptatnptlY P�Y+W�dut � . _
<br /> t�e p�iecipt otan�intereu on ti�edebt sv�datced by t�l�ateaad u�Y Or�WYmrnt a�rsd tate chugts due under thQ;�l�:e. - ,
<br /> n ,
<br /> � �. Fir�i�l�e Tu�a�/I� Subje�ct to sppticabfe�aw or to a wr6ttrn wuver by t,ender,8orraxcrsha[I p�X �. ' ' � �
<br /> � co�o»�e�.y mon�,ty p�ymettu u+e dua ueder tAe Nate,uretit the Note is p�id in fu11,a sum C'Funds")a�uai to ' ,"
<br /> � . ono-trrdRb d!ay Yarly-tasa aAd s�psmeats abicb�msy ansin priority over this Sacurity tnstramenr, tbI YeutY �
<br /> � �� p►Y��a t�� rents� on tl�e Fropaty. it any; (cj Yarty habad insarance premiums; and(d) yeatly `
<br /> ,�.. . r�o�ti����emiun�if�ny.These items tte cai�ted•'earra�v itea►s."Lendrr may e�timate the Funds due on the, .
<br /> bp�oleur�eatd�tsaadrwaiabkauiaa�te�oi�atureeicro+�iterns. . �
<br /> ` . T6e Fuads s�it�hdd isi�n institutiou the deposits or accounts i►j'wttich ue insured or guirmteed by a f�den!or
<br /> � � �te yia�Y(inet�La�det if Lmder is suc&an institutiun}. Ld�da sbal!apply the Funds t+a gay tlu et�owr itans. .
<br /> Lestlrr msy not cf�ar�e for�j�e,d apptyin�tbe punds,a�a�yrina the account or verifyins the escro�r itans,urilas
<br /> �PiYs��'a�nterat on tlte Fands and sppliabk 4ar pnmiu Lrnder to m�ct such a chacae. Borra�ver and �
<br /> Lendtr nuy ajnee in�rritinj thst intaest s6all be paid on the Fnads. Untess an aareement is made or sppticsbk iaw
<br /> roqvira iatet+est to be p�d,Lender�Itstt not be raquirdd w Qsy S�rrv�ver�ny interesc os arninas on the Funds.i�ader
<br /> � �uil Sive to Baro�ver.wlthout chu�ae anaual acoouatin�aFe�e�ds showi�a credits and debits to the Funds and the
<br /> , pw�pa�e for which pcb debii to tbe Funda wu mide.Tbr Fued.s are}�]bdEed as additionsl secuaty tor the s:�ms secured by .
<br /> t�rs�cu�ity Iratrnmen� �
<br /> � . If the amount of tbe Funds Aeid Dy Lendes.t�pt'�er s-it�r��,nyK m�nthlY paytteaca of Funds payable prior to
<br /> tbed�e dataa[�e pera�v itatWr,�h�tl exFeed the amaw�t req�reft¢a pay the escraw�Items+��ten due�the exca�sh�11 be, �
<br /> , � aY�ot:a�►�'s c�ptian.dtbt�ptornptly repaid t4 Botta�v�s os¢tadiied w Bonawet un mantbly paYmeats ot Funds.If the 1
<br /> .• �oP 't1��ttads Mad DY 1.�sder is not su�icient tn pay the escrow items whea due.BorroMer sta�ll pay to Lender any � �
<br /> : �motu�t r�ary to mske upthe dedciency in one otmote p�aymenuas rtquired 6y Lender.
<br /> Upon p�yment in liill ot�11 turns seeurcd by tbis Securiry lestrument.t,.enQer.�hsU promDtig r+efund co 8orraMer
<br /> tny Fund�he1Q hy Ler�der,tf ut�der p�rynph�g the Property is sotd or acqutred by Lender.LenQer ih�ll apply.no tater �
<br /> • . �6�n�inftneQi�ttly prior to tile s�le of t�e property or�its acquisition by Lender.�ny Fund�Ae14 by LenQer�t the time of '
<br /> �p�iiCition u a crodit tytinii the sums securrd by chis 5ocudty[nstruirient.
<br /> �. A/Nkatfe�o�P�ywb. Unku�ppliabk law�pravides otherwise:ali piyments recr�ved by Lender under
<br /> p�ryrapht 1 and 2�ull be spplied:A��to lata char�es Que unQer the Note:second.eo prepsYment charies Que ander the
<br /> � Not�thitd.to amounu payabk under parynph 2;tourtb,to�n►erat due:and last,to pnnciQal due.
<br /> 4• tl�e�1� 8orr�+ver�ihtll pry all tases.assessments,chArscs.fl�es�rtd�mposition:attnbuubte to the �
<br /> , Property which msy �tuin prionty over thi� Secunty lnstrument. and 1aseAold paymmts or �round rents. �f any. �
<br /> Bano�ver�full pay thae abliptwns in the�nanner provided cn psraaraph 2.nr�f not paid in tht,t msnner.Borrawer ehali � -
<br /> p�y�hem on time d�ractly Go tNe perton oxed payrnent.Barrower shdl promptty turn�sh cp I.ender all notices otamounts
<br /> _ ta be pid under this qngsph,j(Bprroxef makp thae paytnents directly,Bnrrawer shall promptly furnish[a l.ender .
<br /> re�'eiPt�evidarcin�tbe psyments.
<br /> HormMer�hall pr+�mptty di�chuae any lien whish has priority over th�s Secunty Instrument unlas Borro�rer:(a) �
<br /> ycees in�►ritins to ehe p�yment oithe obtiption�ecurvd by tht lien in a manner acctptsble ta Lertder;(b)contests rn aapA �
<br />. fiith tlse lien by.ar 0eftttds asainst enforceitxnt af thr tien in.kpl proctedTnp Mhish in the Lmder's ap�r.ran aperare to • � �
<br /> pcevent the enforc�na�t ot the lirn or todriture of any paR c�t thr Praperty;nr{c)sesures fram the hotder o!the tien aa a
<br /> �ent estisfsetary to Lende�subordinatinj the lim to this Secu:�csy instrumtnt.If I�ersdcr dHermme�that�ny psrt af
<br /> - ' the te'�operty a tub�ect ta a lien whicD miy atta�n pnvnty avtt tl�u Secunty Q�strumrne. Lender m�3�:ve 8utrower a
<br /> aat�t�idmtil�in=the lim.Bae�'a�rer�hYll�ausfy ehe lien or take one or mora uf�t he acdons set torth iba�e within 10 days
<br /> of t�e�ivin�of r�W'tce. � �, ,
<br /> S. Hat�n/I�wie�■ce. $orrowcr�hall keep the�mprove�rirents naw�ex►st�n�ar here�fter etected on Ihe Prci�resy ;
<br /> imureA qainst�by Are,hsrards�ncluded wuhin tbe tertn'•exttnQed caver��e"and any othe�hsaards for whtcb Ler,Qet
<br /> raqwra insuratue. TAb insur�n¢e�hall be tn��ntamaf in ehe amounts�,nd f���the peread� that Lendcr «�uires The
<br /> inwrancs cartier providin�the insur�nee shall be chosen by Aorrower sublut tn l.ende�'s appraval which shall no1 be �'
<br /> unrcawn�blywntAhefd. , �.
<br /> AU inwtsace policia and renewsls ahall be arcrptabk ta Lender and sh�li�nclude a 5tartdard mor�aaEe elause.
<br /> l.ttWer�htl)h�ve the ntht to hold the pollcits and rentw�l�. if Lrnder rcqu�re�. Hotrawer�hAll promptly�ve�u Lender
<br /> �II teceipt�atpaiQ pretniums and remwal rwtices.In thr event of lass,Borrower�h�l)g�ve prompt nntrce to 1hr�nsurance
<br /> , carti�r and Lender. Lender m�y mai�e proofo!loss�tnot m�de promp�ly by F3�rrc�wcr
<br /> Uatess t.endee aed BonoKerothtrwise igre ro wntma.msuronce prnceeds�hal!he Appl►ed to rn�on9ic�n ui repa�t'
<br /> ot9he Propeny damsEtd.�i Ihr rcstoranon or repa�r n tconam�cylly feasttite ind Leiedii s securrty i.v�ot Irssene6 �It the �
<br /> ratpratian or rep��r��n�t e,+conomic�lly feu�ble or LenQer's secunty woald he tcsknal,tA��tts�ltltiCe�rcKCedf 5h�ll 60
<br /> �. applied to the sums secured by th�s 5ecunty tnstrument, whether nr no��hen due,wah any e.RCess patd eci UurrUwer. !t
<br /> Borrowtr ab�nQons the Ptoperly,or does not answet wuhm 36 days 8 notice frc:m LenJrr that�he�nsurrnre carrcer ha�
<br /> bRered to eettk a clum.then Lender m�y coUect the�asuiancr prnceeds.t.ender ma,y uce ehe prc�ctaf�tc�repair or restore
<br /> the Pra�ptny or to p�y.�ums securrd by thu Secunay tnsirument,whether�+�nnt �hen Aue The 3il�d�y pertnd wdl beg�n
<br /> Mhen the notice n�iven.
<br /> 1lakss Letukr and 8orrflwer olherw�sr agrte m wnt�ng,eny�p�rl�eet�cn af�pn�ceeds ta pr�nrip�l shall npt r�tend ur
<br /> postpvne the du�date of thr monthly payments referred to in paragraphs 1 unA 2 ut chenge ths amuunt of Ihe paymenrc If
<br /> under p�naraph 19 the Prepeny is acyusred by Lender,Aotrow•er's ngt�t to arsg:arurAtrte pnhc�es and proceeds resulting �
<br /> ,.. ,�.,__.-
<br /> tam dam�e to the P�openy pnur tothe acqutisit��n sha11 pass tul,e�der tr�the extent nt�he wmc srcurcd by th�s 5ec.:rzty
<br /> Instrument tmmerf�tdy ptior to the�cqeai�yuon. �
<br /> 6 P*atr►stfoe asi!Ndntew�e otPrn�er�;IaattMo{M, i3otr�we��:y�ll rrat de�troy,damage nr suAstant�ally
<br /> ._ eh�e�t tAe Prnntrty= allr�r4rr F�_�*et*; ia��sa:°:r r-;ess�ssrss. xassc :.:L���►triY irnfrvrrrenr tc cm a �eas�.fiofid.
<br /> Borrnwer aha1J crsmply w�th the praviswns uf�he tr�se,ancf tf�rtnwet acymres fec tdle tn!!s�f'r�prny,the leaseh��ld and
<br /> � fer titk shdl na:rr:etge witess Lencttregrees to the merger�n wri��rtg �
<br /> 7 Protectto� of 1,tuQer's ttight3 ta thr Prodtrty; :1'lort�pge Insunnce. If t�t�rruwer fa�ls ta perfi�rm thc �
<br /> covtnantsindagretments containrd in this5eeurny instrumene,or h ere ie a trgrii rn�ietdi�e that mey s�gu�ficantly nRect �[
<br /> L Lender's tight��n tRe Properry (such ac n p"rnreed�ng�n bankruptcy, pmbate, fe�r et�t�denmahur� nr tu enfutre lawti ut �i�,y
<br /> reaulitions).then Lettdermay�aandpay fnrwhatevrris necessaty toarutect tiie��lue ofthe Nrnptrty r,r�d lender'�r�ghts ►`�
<br /> in tht Propeny. i.endets acnons may tnelade paymg en� sums secared hp ,�I�eh wh�ch h:st pt�utely ��Ler eh►s�Srcuvil} �
<br /> tnstiumeni ►�
<br /> .ttpptaring in caurt,pa}�ng tet�.4Uhable�ttatneys'teesa�tr!et�tesir�g tjn th��'rr�r,rrtp t�,ma3�c tcf*att-s_Aith�vgh �,_
<br /> Etnder mty tekt setton urtder this p�tagta�h�,Lender dues no�have tn da srj °
<br /> Any amaunts d�sburxed by L.ender under th�s paragraph 7 shall hosc�me add�����r,�t deh:��!HE�rs�,a�er s�E t�red hy shw
<br /> Secutity lnsttument L'nless Hc►rrowerencf l,ene{Er a�ree eo c�thet tetmc�.f���mer�t.�hetirt asnuu��s��ha1t f+ear,r�tere�r frE�m
<br /> /he datt of d�ch�rument at the N�Ie rate arid sha1J t+e payabte, �+ith mterrtit. u�k�r� trntrac fr+�r:� t rnder +,� N��n,,.�er �
<br /> rquest�n�t payment
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