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<br /> � � UNffOItM C�C#YENANTS. &��rrawer a�Lendu covea�n�and agree as fo2tows: � ` ��
<br /> � . . � . 1. Fxy�t ot Pei�cual a�d I�terp�preRayaeat�aud Late C�rirges. gonoA�r shat!promptty pay ulien du� �
<br /> � � the principaf af and interest an the de6t rvidenced 6y thc Not�and au�y prepayme�t aad late charge�dcce urtder tfee Note.
<br /> ' ' _- F�adt�'or 1`�zesasa Iwsar� Suh,;ett to applicable I�w or taa wriiten waivet by Leade�..gorrowershall pay � �
<br /> � - � to Lender on thc day monthly payments are dae under th�I�iote.unsil thg Note is paid in full,.a sum("Funds")eqisaf to
<br /> om-i�velfth af:.(s) year�y ta�ses and assessments�r,,hich may attain priority ove� this 5ecurity Inst�ament: (b) yearly
<br /> - . lasehold �tymmts or ground raa�c cm t�e Ptoperty, if atay;(c�,}�rarty bsz.�rd insurartce pre�n�ms;and�d) yeariy�` � -
<br /> mortEaje�nsurance pretniums�if any.�'hest items are ralled`escrow iteri�s."l,ender may esEimate thc Funds ue9n ihr ' �
<br /> �� � basisofcurrastdataand�euona6k�stimatesoffutureescra�ritems. � � �
<br /> � , The Fu�ds shAll be held in aa institutioo tbe depo�its or accoants of wh'tch are insured pr guaranteed by a federal or ' �
<br /> S�G�=�Y f��I�E��if i.endtr is sucb�u institution).Lendel�shall apply the Fuads to pay thc escr4w items.' '
<br /> � � � L,entiermay.not charge for holdina.mdgpplying the Funds.analyzing tht acca�nt or vcrif'ying the esctoW items,unless
<br /> �eeder pty3 garrawer inierest on tlie•Funds and applieabis !aw permits Lenda to mafce sucA a charge. Honower and �
<br /> � : E.eederm�►y��in w�titing that interest sh�1�be paid on the Funds. tJnless are agreement is made or applicable�law ` �
<br /> . reqn'sres initrest Eo 6e ptsd,Lender.sball Rai�re rcqu'ued to pay Borrower any interest or eamings on the Funds. Lend�r ` �
<br /> stull sive to Borrower�without chsrgq an aanua!ucauntinE of ihe Funds showing credits and de6its ta the Funds ari0 thc
<br /> putpose for which each debit to the Funds was madG The Funds are pledged as additionat security for the sums secared by �
<br /> tf�isSccudty lnstrumrnt.
<br /> If the amount of ttu Funds hetd hy Leader,together with the future monthl��paymrnts of�unds payabte�prior to � �
<br /> , the due dates o�'the escmw items,shall exceod tbe amount requued tu pay the escrow items whea duG the excess shalt be,
<br /> ` at Hoirower's option,either prompUy repaid to Borrower ar credit�to Borrower on montht�payrttents af�unds.Yf th� � �
<br /> . amaunt ot tbe Fnnds held hy Lender is not suthcient to pst�the es,�:tems whrn due,Borr�n•ei shaJl pay tu i.ender any �
<br /> , amo�nt neceasar���akt up the deficiency in one or more gayrnents ss res�uire�by i.endes.
<br /> ° ' Upon pa}zt�ent in full o�a�l sums secured by this�utity irssii�imeni,Lender s�tiall promptly refund to Borrower �
<br /> � . � ' any�usid�held by I.ender.IP under paragraph 19 the Pu�tgerty is sold or acquire�by Lender,Lender shall apply.no later �
<br /> , ' 4��m�diately prior ta the sate of the Prapertyr or its geqaisition by L`ender.ar;�Ftmds he2d by I.endes at the time uf ' �
<br /> ' ' applic�qtsn as a credit against the sums�ecured by this Security Instrurnent. �
<br /> 3. AMlkadon ol.Payments. Unless applicable law�•ovides oiherwise,all paymtnts received_hy Lender under '
<br /> paragraphs!and 2 shali be app)ied:flrst,to late charges due ut�der the Note;second,to prepayment charges due under the.
<br /> . Note;third,to amounts payable undet paragraph 2;f�arth,to interest dae;and last,to principal due.
<br /> ' 4• �:Uehs. 8otrower shall pay ull taAes,a5sessments,charges.fines and impositians attribulabte t�the ' � �
<br /> ,. Properiy which may Attain priority over this 5ecurity instrument, and leauhold paymenl� or ground rents, if any.
<br /> Borrower shall pay these abligati�ns in the manner pmvided in par��rapli 2,err if nnt paid in:��;manner.[iorrower shuli �
<br /> pay them pn time directty tu the person owed payrnent.8ortower shal!prc�mptly furnish tc�Lettder a11 notices o1'amounts '
<br /> to be g3aid under this paragraph.li&�rrawer makes th�;e paymentc direcUy.Borrawcr st�nli pramptl}�iur�ish to txreder -
<br /> recei,zs evidenc-ing the payments. �
<br /> Borrower shail promptly discharge any lien which has�riority aver this Srcurity InStrusnent unless Iiorrower.(a) I .:'
<br /> agaes in writing ta the paymcnt of thc obligation tie�;ured by the lien m a manner acceptablc ta f�c�der;(h)contests in good {-
<br /> faith the l'un by,or defends ugainst enforcement nf the lien in,tegal praceedings which in the Leader'c opinion�perate to ` �
<br /> prcvent the enforcement of'the lien or forfeiture�f any part af the Property;ar(r►securc�from the h�ldcr of the lien An •
<br /> agrament satisPactary ta Lender subordinatirtg the lien to thiti Security lactrument. If l.endcr determine�that ar►y pan nf
<br /> . the Praperty is subject tp a fiert which may�ttain prinrity nver lhis Security 1n5treemen4, t,�r�er a�ay give 13t►rtowee a
<br /> notice identifying the lim. Horrower shal)satisfy the licn or take c�ne c�r more aP the acfi�ns tic�t�;�rth abc►ve within lA dsyti `
<br /> af the giving of nolice. •��
<br /> S. Harud Insuranee. Bnrrc�wer shall keep the improvements rtow ex�sting i�r hereaftee erected c�n the!'ropeny
<br /> irtsarer�against tcnc by fire, hazards intluded within the aeam"extended caverage"ar.�any other haz.ud�fc�r whirh I.endcr
<br /> tequires insurance. This insurance chall be maintained m the amnunts and f�r sD�c peric�cic that I�nder requirzs. Thc f
<br /> . insu�ance carrier drrniding the insurance shall be chc�sen by Horrnwer wbject tc�i.endcr'�at nr��val which shall not he
<br /> � unrcasQnablywithheld,
<br /> All insuranee�wlicies and renewats shall he ueceptable t��l.endcr and shall inciude a ctandard m�tirtgage clau�e.
<br /> , Lender shali have the right ta hotd the nnti��P��n�±•en��l.k lE'3�c,Edes rci{�srcy, f3,�v:.����r.Jia{!prc.m�rt�y gtve t��i.CT1dCl
<br />� aIt rec�iptg of paid premiums and rertewa!noticec. ln the evem o1'loss,Bnrr�w�er chall givc prnmpt nc�ttcc tn tbe inrurance
<br /> ; carrjer and Lendet.Lender may make proofof tu5s�iu�u madrps��mpily hy I3orrr�wer. �
<br /> Unless Lender and&�rrawer ntherwisr agreein writ�ng,�nhut:�nce pr�rceeds�hal)he uppLed t�r retit��rciti�rn��r repa�t -
<br /> of the Property damaged.if the r�u�ratian ar repair is economirally fca5ibte and Lender'ti security n nui le�tiened. lf thr
<br /> restnration ar repair is nc+t ecc�nnmically feasibtr or i,er�der's secunty w��uld he trc�ened, the�ntiura�ece pc�ecds shall tk
<br /> applied to the sums secureci by Ihis tircurity inrtrumcnt, whelher ar nut then dt�c,uith ar►y excctiti�aid tn Flarrc�wer. If
<br /> . Borrower�band�►ns�he Prc�perty,nr daes nnt amwer withir� 3h days a n��tire fu�rn Leneter�hat che incura�ce earrtcr hati
<br /> offettQ t�cettlea claim,thrn l,endr.r may rnllec�theintiurnncePr�xecds. l,endcr.may.use thr pu�eecl�tu rep:��r��r-reti�nre� �-- �� �
<br /> ' Ihe Ptaperty ar tu pay 4uins secured by tht5 Se�urity Intitrurqcret,whether r+r n�it thrn due f he �b•,i:�y peruul�v�ll hcg�n
<br /> whea Ifte notice is givcn.
<br /> Unless Lender and QutraNCr othcrw���agrer iu wnting,,�„y�,�,�i,���,,,,,„f pritceeds tu�,nn�i�,:�t s►�ail uc,t extcud or
<br /> po�tpone the due datc ot'the mc�ntk:y payments refetretl tn in p�ragraphs 1 at�d 2 ut ch.�uFe 1 he amotmt of tfte payments. If
<br /> under parpgraph lg the Property is ncyuired b� l.rndcr.{3orrt�w�er'.ra�ht t��any insijraucc Ea•i���e�aud pr��ccedc�e.�aul�m.�.
<br /> from damage to the k'snpe�ty prior tu the acqustii�i�m shaU pt�ss ta l.cri�:rr u,t ne extrnt��f thc su;t:s.ecure�f hy�his Ser�,r�ty
<br /> lns[ruttzent immed W tely pric�r tc�the acyuisin����.
<br /> 6. Presetvation ond M�intenance otPrnperty;(+easehotds. lluru��ver�t�a;!rrnt dcstruy,damage or.uh�tantially
<br /> • chuage the Yropetly. allow the Pruperty ta deteriorate�rr con�n�jt�varte. If thr� �ectinty Ir.�tr�imcnt �s uty a Ic;�yehuld. '
<br /> � �orrower shall comply with the prc�vi�iuns nf the lease,�ttd if Iit�rraaer acyuuc�:fre ht(r tu ttie Yrnperty,lhe Icti�cit��ld ani} '�""'`-" `
<br /> fee tidc shaU aot mer�e untess Lendcr d�rc�es t�thc rncrger�n a rit mK.
<br />' ?. P`rottcSon ot Lender'9 Rip.ht9 in the Prepeny; 'Nnrtka�e Insurancr. If liurru«rr Pa,t� ��r pert��rn� �hc
<br /> covenantsnnd agreement�cc►nt�ined in this Security In�trurtzcm. br there�s u k��,d��r��,�.•�f:n�tl�ut«cs;:s9cssli;;,s:►tty nfiect �
<br /> -_. . . � �-��I�-!!�lis�'sss�#s� !'F�s�tiy {5u��lr�n u pracc�rrtg in Is�niifu�t�i`. �ifc�h:dr: fi�s c<�udrmi�atiui� �,r t��ctit+�rcc law,r�r ' -
<br /> . regulatians).then l.ender muy duand pay.for�vtlatcticr�s ncces5ary tu prutert the��aluc�,i�he Nr<��s,:riq and l.en6irf'ti riEtiii. '
<br /> in the Praperty. Lenders actions m�ry mctude paying any sun�c Serurcd hy a licr� crf�irf� I�ati �nnr�t� ���er thit tir�•urity �
<br /> � Instrumenl,appearin�in ca�ut,pa}�ing re�.�si�nabie aitorncyk'fces�nd cntcru�g�m the Prafic�t} t�.makc re�`,�rr� Alth��ugi+
<br /> Lender rnay take acti�tt under thisparagraph 7. T.eudet d��es nut Fia�c tcs J��«s
<br /> � Auy ar�u�unts disburced hy t.cndcr under 11iiti r,�ragraph 7 sfial{h:curnr aditlsion�d dc��t��f Nurr����er.ec u�e�!h} th�� �
<br />' Secutiry Instntmenr.Untess�urrower and Lcnder��ree tnother trrm4�,Cp;FS mcnf.the�c arri��unt"h.�tt f�car►��tere�t t'rnm ��
<br /> Ihe tl�te af di�b�rscmcnt �t Ihe Ni�ic rate A11C'I tji.ill I`!C rd�"sfhlC. 141E�f lil�tEl"s1, ����orF h�att�e frr�ni !t��;,ie� r�+ I��Fff���t'(
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