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<br /> , � tr'N[FOItFt C�ovErr��75, Burrorver and Lendercovenant snd'agree as fallows: ��
<br /> . - ' ' , . 1.�Fyraeat ot Pci�et�t iid I�hre�PreM�ae�t aea t.ate C�a�es. �rra+�er shall procnptig pa��►hen due , �
<br /> , _ !6e�rincipol otand inierest on t�e debt evidettcedby the Note aad any prepayment and tate atiarges�ue under the Note. � ` . '
<br /> , . 2.���o�tor�'ue�s�Id I�eesuce. Subject toapplicable faw or`to a written waiv�r by Lender.Borroaershall pay � � ,' �
<br /> to Lendct on ehe day monthly pafinents are due under the Note,until tht Note is gaid in Pull.a sum("Funds")equal to , �
<br /> � o�tw�ellt�i of: (s) yearfy taxes an�f assessinmu whic� ma}attain priurity over this Sccueity Inserument; (b) yeady � ' ° •
<br /> _ _ . le�� psy�ent4 at_grouncl.raus on the Praperty, if any; (c)yearly �azard insurancc premiums; and (d) yearly
<br /> , " � ,,mo�t�e insutance premiusas;if�y.Thest itans att called"escraw items."Leadu�nay r�timate the�nnd�due on the , , `
<br /> . ` � . E�sisofcurrentd�t�eandrasona6lFestimatesdFfutureescrpaitems. � ' � • ' ° �
<br /> ; ' � TGe Funds sha1l be P�eld in an insti.tuuop the deppsits or socounts of which`are insnred or guaranteed by a fcderal ar
<br /> , state sgency Cncitidin8 Lendet if Y.tnder is such an inst�tution� Lender shall apply the Funds to pay the escrow it�ems.
<br /> t.er�der ma�not cbarae for hoiding aud applying the Funds,analyzing the acCOUnt or vcrifying thc escra�;itcros,untess . .
<br /> Ix�der pays Borrav�er interat on the Funds and rtpQtica6te taw pemnits Leader to in�lce su:h a charge.Borrawer aad
<br /> = � I.er�der may agee ih ivretin�thas interest bha116e pai�on the Funds.Unless an agreement is made or appticable taw -- - -"-
<br /> `; requires intere�t te be,pRid,Lender s1saU rtot 6e roquired to pay Borrower any interest or ea�rnings'on the Funds.I.ender - •
<br /> : sb�lt aivt te Borrowar.without ehargt,an�nnua!xccotuiting afthe Funds shawing craiiu aad debiu ta the Funds and the.
<br /> �urpose for Mhict�cach debit to the Funds was made.The Fu�nds are pIcdged as additionat security for the sums s�ured by,
<br /> ' ci , th�s Sacusity Irtstrume+�t. � . .
<br /> If the amount of the Fands heid by.Lender.tagcther with the future mc�nthiy pa�ments oFFurtds payable prior to �
<br /> ` � • ti�due dates aPthe escrow iterris�shall ea�cxrd t�e amount rrquired to pay the escraw items wh¢n due,the eacess shall be
<br /> at Bonower's opdon.eitlxr promplty repaid to Borrower or creditcd to Borrower on rnonthly payments of Funds. Ift,t�e
<br /> • • 'amount oi the Fvnds hefd by I.endet is not sulFcient to pay the escrow items when dae,Borrower shall pay to Lendersr�
<br /> � amount nccessary to make up the de8ciencyr ia one ar more payments as requirecf iay I.ender. � '
<br /> . Upon payment iin tull of all sums secured by this Seeurity Inst�ument.i.ender shail promptly refund to H���av�er `
<br /> an�r Funds hetd by Lendet.[f under paragraph 19 the Properiy is sold or acquired by Lender.Let�der shall a�+p1y,no tater ,
<br /> � _ ' t1�an immaliateiy prior tp Ihe sale of the Pmperty or its acquisition by Lender,any Fun�iS hetd by Lender at the time of ,
<br /> , � .app1'scatian es acredit�rgainst the sums sequred by thi�Security Tnatrument. � � � ,
<br /> . . . 3. 1�/�Itatfion ot P�y�ents. Unless applirable ta�v p►m ide�otherv►ise,all pa}rnents receiti�ed by Lender under
<br /> potagaphs 1 and 2 sha}�be applied:first.to late+:harges due under the i�ote:seean�,tc►pcepayatene charg�due ��.�er thr .
<br /> � Note;third,to amouc�ts payable under paragrnph 2;fnucth,u►interest due;and last,t�principai due. •
<br /> - 4. CMa►Res; Lk�. &►nawer yhall p�y all taxes,_�ssessments.rhatges,fiacs and im�+c�s�tions attnbutab}e�to the �
<br /> • Property wbich may att�in prian�y nvrr this Secunty Instrument, and IeaiehoId payments<�r ground rents, sf any. • ,
<br /> &lrtaaet shall pay th�r esbligations in the manncr prnv�ded in parag�aph 2,c�r�f not pa�d m that mann�r.Borrou•cs,shall
<br /> ; prn�'t:lrn iat tifltr�iircciiy tu Qiie perxm��cii�r.�ymeuf.i3nr�c�rs,hatl prn•��tsgtly ftsm'ssts t:�l.cndcr a!!saitcec c�mtrt.�unts - -
<br /> , � ta t+t pa��•�det this_paragrapb. If Ikitmwer makes these pa�n-�nt�directty, Horrnw•er shall pramptly fusnish t:��.�ndet
<br /> � receipts evidenring the p:rymentc. ;
<br /> &�irowcr shall pr�mptly d�scharge any I�en wh►ch has pn�rity o�er thiti Scrunt}• ln�trumcat untes5(iar���w•er.(a) :
<br /> � agrees in writmg ta the pa}ment of the�btigaunn�c�ured A}[he t�cn in z manner�nceptahie tc►l.cr►der:(b)contestc�n g�od � ��.
<br /> � Faith the iien by,ar dcfendti�ga�n�t eniotccmrnt uf�hs l�en in.lchal prcxcedmgs which�n the I.cnder'�,npiniun��ate to �` •
<br /> pFevent the enforcement uf�he lien or fnrfeUUre nf uny p;�rl c+f ihe Pr��perty:ur tc)�ecur�from the h�+telrr of the l�en an
<br /> agrament satisfaetory tr►Lcn�ter tiutx.rrdin�tmg thc hen t�+�hn Se�unt} Incuumcnt. if I.endcr ctctesm�nec that aoy part of . -
<br /> , the Pro,perty is sub;eu ca a teen wh�ch may atta►n pn�r�ty c=�er thir Secs�rity Intiuuntem, t.cnder may gn�e E3otr��x�er a • "t�
<br /> notice ident�fying the ltett. fk�rrpN•er shal[satisfy Ihe tten or ta{te one�}r mcsre i,f the actmnc yct fnrth ab,�ve a�thin l0 days , ,-`•
<br /> of thc giving of naticc. ' ; —
<br /> . • S. liszara te�arance. Rntrower shal{bcrr thc imr-��r emenh uuu�x��tmg cir hrrcaFter crertcd on the Property ;
<br /> insuredagainstl�nsbyfire.ha�.ard��ncluQcdw�lh�nthete�m' cwcendedcocctage";�nd;tiny��ttEeeh�zard�f�rwht:hLe�det
<br /> requires msurance. Thi� �naurar�ce +ha11 he niain��iriect m thr�m�niutr and f�;r the pen�ulr that t.enQcr rer�uire� "The '
<br /> � �nauronce camer ptc�viding the �nsuranrc rhett t�:Aoccn hy �3ti.rf�+1�'C( tiuh�LY'E [o I cn�ler'..�rrr�;��: ,�h�.h�h:,tt �tt�� ne
<br /> unreasanabty withheld. f �
<br /> ' Ap insurance��hc�es and reneRalv thail he c��ceptz`."�.+-ar= Lcn�lcr.m�1 4t�a1{�ncludc a tit.�ndard mitttga.c.cla��c
<br /> i..ender shal)have thc nght t�i huld ttc{xdie�cr:iric�renewai�: i4)ender rcywrc�. R«rri�wrr�halt rrvmptl� g�ve t��i.ender �
<br /> nll rece�pts oi paid premiu��s�nd rrnewal nut��r,-+ In thc c�ci�t ai fc�rr,Hnrr��u ir.haU K»c pr��mPt nnt�cc�n�he�n;�zrance ��
<br /> . catncr und I,e�der.l,c-�►L•:r may nt�kc�t�x�f uf lc•�,•+:f siut iria�ic pr���n�+tly h� H��rn���cr �,
<br /> , Untcs`t.endet att6 Fh�ta�wet ntf�erw��e.��rce en a nn:.;.in�ureiuc�rn�e•ecl��ti:il!he��rfied u�re�l��rihe��►nr tep.uc
<br /> �f'thc Pro�crt� �lamagccl. �(thc rest�uutioi�ur r�:pau ►rc���ut��:;�c�ffl�fcasihlc 11flll I Cl14ICf�ti\C6UlIl� ��IIU1 If���s:rd if the
<br /> ' resturat��r���r re��ir iti n�►t ecunnmically fear�hte:�t Lettcler<<�,.uruy ����ul�!hr lr,�enr�f: !he ati�us�n4r�re+�ec�fs�hal!hc
<br /> upplied 1��the sum�sccurccl hy �h»Sccuttty I��atsument,w��cther ur n��t then�tur, ��ith any ra�r.�pe�d t��H++rruuer. If
<br /> - biorr�iwcr ab�tt�tuns tlte P�opert�,cN tZtK'►qul 'sG►u:[ NltFI1Ji �Od:ty�a u�����•r fr��n� 1 criiler that tt►c�nwtancc�arncr has
<br /> � t+fferet)tt►�e1�le:�et,�tnt,thcn!enilcr may:��1tcr2:';e:n�uran.c pr�h•ee�ts 1 eneter m.s�uEe thr�+rn�,ced+h�repe�r��r rerture
<br /> the Pn+pert;. ur t�,p:�y rum��.er�.irril�►y thic 1e��ni�y In�trc•;�,•nt:ti�hetlter rr n+�t thrn ctur� [hr��!i da}"[�rnini�«ill hegui _.. ....._. . ..
<br /> whe��the r.�,t,ce��gi�ru
<br /> 1'�tl��e�►1.tnJt't.�r��!H�,rr�+wrr,+thctu��c::��c�et►uriti:��,.:iriy a�ti�iiiatu�tfe,f�•a��rrilttE•pm��.��?d�tilt:lllflnl NU�114�1�P
<br /> . � (xnlpunclheducdaie�.fshem��nthlypa�mcnt!.:��ic�red�<,rrriyJ(;tcttafll�� I:rniE���t�h.�nF:rtl�ctn�tnu��tc;tthe�`:1kfflCtit�. If
<br /> under p�t�gt�p:t 10 i'.;��'�i��tty�ti ucyuired b} i c:icter.[iE�lre,uet'�tir.trl k,stn u��.u�.n�cr En�i«i+-w p�J p:�4cca1.rrtiulbn� � �
<br /> , f�amti;tmage fc►Ihe 1'rc�Pe�ty��rwr r�,the;�ryu►rjeu+n.l�,dt��a��io t cn�tcr���thr etitcnt��f tfie�u:n4<<y urec3 h�tF���5c�t�:uy
<br /> ►nsteumerit:r�sntrct��tely�+ru�r t�theacc�ucaman
<br /> . 6. Yte�cervaticiaasd�tAintena�rr��f!'r�t�crey;leageholds. Ltt:rr<,«��r�t►.�tttr�.E+tr,te-�r.ctrmr,��:t<•r,c:#xte��tr,�lla
<br /> rhange�hr i'r���+ern, ;tll,ia the Ntc+{�erl� e���'r'ern,r,+te��r ���mn�rt �<<t�.tc (f !1+���r�urity Irr�tturr;rr.t.i; ��i�:: �c.itic}u,ld.
<br /> . . l�(1lfQl�l'P�t13II l'/)II1�Ik NI1flITIC t1It1Ll��y�llv4'('thc�c.1�L'.:ItIkI lI��t�//'Ee�►Cf�reyu�rr.fcc o�t(r.�+•!i�:•P�f��•r[y.rr,�Ic.,,+�fi��t.3and `" """'�..-
<br /> fre ttUe5haI1 ne+t mrrFe s�uter:t.rndet a,r,rfrec t�+t 6ir rncr�er�n�ti n1u►�
<br /> 7. ���utectiun ot I.eizder'a Ri�Ats in the Nraacrty: �tort�Re In�arancr. li ttf,�,a,�.<�, �,�I�, t�� ;4�ft��crr: the .
<br /> �uretlantsuttd'JRffC'fttl'tit�c��ri1.117tCi�Itt(I11cSCt(ifll� If7�1EL1itl�'lll.��r th,tci+al.rsM�r�.cc�1�nF�lh�t ri�,�� .�F;uih�.futly .d}c�t
<br /> .. _ LCtti�ff 5 f!L'tlt�{f! fltC Pf!)�fitV lStt��! 15.3 41[�s��'c4liht•Nc h.fti�rctnt�•}_ �rc�:r�Er t:ir 2'ilfl(IlNiYtI_(tIlifF �,r s., .-r,f��r:r�.aa4�{�F
<br /> regutattuiic),�tien 1 es�der m;i}ct"an�l��:n ii,r wh.�te�rr�ti nc�cc5�:�ry t��{�r��lr�t ti.e�4nls,ec�f tf:_1'r��<<c�rt�an�11 c�l,.rr k rs;�t��� �'
<br /> th thc �'rc+perfy. 1_crcdcr�S .1L�I��I14 113J� iucludr ��.,��i��:ai►y �1i1115 Kill1G:J��S <i :iL'tl ttjll�[i �I.FS l+fii�fl{L !��!" lf:i+ ti:'C'EfFll}
<br /> . � , In�i�tttucE�f.;�ppe.+r�n�;ir►���urt.��d4t�t!1C:t}a�11:ihFcat!a�meyc' .`re�.nidcrltf•t��;Et�ut ti�c�'r��;�c�t� t�,rne�.e r�t•eu. '1N'i��u�ft
<br /> Lrndrt tnay take s�hnt�tsr:der 1Pi►:�w►t:t�r.t��fr�,�c•trti��dc1c5 tu�t ha�e+.ti it.•�:,
<br /> � A114JI�1c�iS:ilsd�_rbc�r�cdb�I�emier!�u�tetsht��::ira�r�i�i�':�E,iltt,t•,.,�,+.r.:�s�t��t�.;�:�1�1:.',t,�tft•�.r„«,..,_:�us�•�1t�: tl,iti� - `t
<br /> � t �♦�
<br /> �,^tiU�{�}'�t1�ltlnll�l►1 ��nie�cli:'Tf41ELfY'.f0(I I fflfS•:i dE'tCE f�*�*i�stt fe'1[t���.i�•.S�/Tti':. 9F�1•r.'tt� �t�`�;��i:a�!��.�s*1t,1CT;4I /(:'IT1 y/�
<br /> t[sc +l�ic �+f d��hursernrn� at tr�c �i}tc' r.�te• .��t�! �hafl t*r ��:tea►�Ic. :ti�sh mlrir.s. ,�+�. �: i�.•tr, r�.,.;. i���iir� t�� k��rs��ui•r it'!
<br /> t�t�Uf rtfir���:1!.t*ieltt —
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