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<br /> � .�: . � ���-�.Q4�15 �
<br /> � � Ur�t�oxM Gbv�rr�rr�'s. Borrowet and Lender eovenani and agree s�follaws: ` � � �
<br /> . ' 1. P���ot Pri�aiiµ+���st;Pt'�ep�Y�ewt aed Late i','barges. .�arrower shall Rrpmptly pa�when due '
<br /> � tt�e principat of attd interest on the debt evidepced by the Note aad any prtpayment ani�tate charges due unde�the Nate. � - ti
<br /> , 2. �Fia�[or Taxes asd Ltsrtriece. Su13�e�t to applicabtt faw or to�written�aiver by Lender,Borrower shal!pay • �
<br /> , to Lender oe tha day monthly payments ate due under t�e Note,until the Note.is paid in full.�sum("Fpnds")equa!to � . '
<br /> r . ' one-tirrlRh of: (a) ytarly taaes and assessments whtch may attain priorety oeer this Security lnstrument; (b)yearly ' �` �
<br /> .:�_ _`` -,— � P�Ymenfs or grauRd_rents_on the Prapercy,�if ar�y; (c)yrarly hazard.inwsance.Dr��ms:r.se�-(d��esrly_ - �-- -
<br /> - -- ° `ntdrtp;e iASQt�rnet ptErt�iums,i�any:�hese itans afe sailed escraw items. Leader rnay est9mate the�'nnds�ue on the � � �
<br /> , � b�sis of edrrent data su�d rqsonabk�stimates of future escrow�tems. . ` � �
<br /> ` ?6p'Funds shali be held i»an irlstitution the depos�ts or accaunts of whic�are insured or guaranteed by a federai or `
<br /> _, � , •at�it�rfency CncTyding Leader if I.ender Is such aa institution).Let�der shalJ aPPty ihe Fun�s 3o pay the escrov�items. � �
<br /> � . � � �ea*y rtot slrar�e fot holdiaE and apptying the Funds„analyzing tht accoUnt oi y�rifying th�tscrow items.untess . , �
<br /> . L�+tider p�ys,�orruwer intenst an the Funds and applicabk tiw'�+errnits Lender tn niake such a charga.Borsvvyer and � �
<br /> , � '. _ - Le:�dtr msy sgra�i���►�tiag tiut ir�tercst s6ai#tre paid on�fit runds. Untess an agreement is made or applicabk law -- - - -- - -- -- _ -
<br /> � �� '_ a�cqulres inierest w be paid,Lender shall not 6�reqvired to pay Borrowec any inter�st or eamings on the Funds.Lender �
<br /> , sHal!aive ta H o r rnrver,wi t hout c harge,an annual accounting of the Fuads showing eredits and debits ta the Funds and the . �
<br /> ; , ` �rpose foc which each debit to the Funds aas made.1't�e Fnnds are plodged as additeonai security for the sums secured by
<br /> _ ' � this Secnrity tiutrument. ' . • ' .
<br /> � � ' If ti�e amotcnt of the Funds held by Leada�,tagether,with the future monthly paymenu of Funds payabte prior to � � .
<br /> tf�e due'dates af ttie escrqw items,shall exceed the amuunt requitod ta pay che sscraw items whnr due,the excess shali ix, � �
<br /> � � at Borro�res's optior�.either promptty r�aid to Bartower or credited to Borrawer um m�nthly pay7rcents c�f Fua�s.t�the- --- - --- -- ---- —
<br /> - --- --- � u�-aftfi��urt�s-i�efid�yt.tnder is noi.suff-icient to pay the escrow items ahcn da��rrowe�shall pay to I.uider any, �.
<br /> • amount necs�sary to make up thc deficiency in anG ar more payments as rrqu'ued by Lender, ' �
<br /> � � Upon paymrnt in fuN of all sums socured by this Security Instrument,i.ender shall pr�mptty refund to Borrower
<br /> � any Funds held lsy Lender:[f under paragraph 19 tfie Praperty is sold or acquired by Lender.I.ender shall apply.no tater
<br /> � thsn im�ediately prior to the sale of the Propecty or its acquisition by I.ender,any Funds held by Lender at the time of .
<br /> � , applic�tion as a crcdit agaiast thesums secured by tbis Secdrity insrrument. `
<br /> 3. A�Ilqtfou ot Paya�eats. Unless appficable law p�ovides otherwise;alt payments received by Lender under � . '
<br /> . par�gtaphs 1 and Z sha116e applied:firs,t,to late charges due under the Note;second.so prepayment charges due under the � �
<br /> Natc;third.to amounts payable under pr�ragruph 2;fourth,to intcrest due;and last,ro principal dae.
<br /> � �• C�arges�i3e� Borrawcr�hall pay alI taaes,assessments.charges.fines and im�sit:�;�s anributable ta the
<br /> �rt�perty which maw at��priority over lhic Sec�rity Instrument, aa�� leasehold payments or graund rents, if any. �
<br /> Barrawer st�af�pay thece o�ligati�ns i�che manner pravided in paragraph 2,or if nc�t pai;;a that manner.&�rroaer sha)t � �
<br /> pry thaa��t�r��direttD}-sn thc�crs;:r,�Ked payrzent. &►rruwcr shaii prampzfy furnisn a�t,ei�Qer al�nauces af awaunu ` :
<br /> td be paid und,.°�t this paragsaph. [f Bnrrawer makes these payments directiy, Bt�rrov►•er vhall prompiew fr�rnish to Lender �
<br /> rc�ceiptscwidencingthepagrnents. � � -�.
<br /> Borrower chalt pmmplly discharge any lien which h�a prionty over thiti Sccur�ty Inserumcnt unfer�Iinrr�wer:(a) � ._
<br /> agrees ia writing to the payment of'the obligation secured hy the lien�n a manner acceptabie to tender;(b)contests in gcx�d ' �`
<br /> faith thC Iitn by.or defends against enforcement nf thc lien in.legal pr�icecdings which in thc Lender'c��pinic,n aperate ta
<br /> prevent the enforcemtnt of the lien or forfeiture of any pan c,f'the Propen�•:ar(c)secur�es frnm the t►alder ni'�he lien an
<br /> agrameni satisfactory to Lender subordinating the licn to this Security Im�r�ment. If Lender determines that an�pan of� -
<br /> ihe Property is subject to a licn which may uttuin priarity aver �his Secun[y Intitrument, lxnder may give Hntrnwer a -
<br /> notice identify�ing the lien. 8orrower�hall satisfy thc lien or take nne or more�f the.cct�am set farth aix►ve w�thin lOd3ys '
<br /> . of the giving t�fs�otire. '�
<br /> �. Huard Iesuraqce. Anrr��wer shall kee�the im�+r�:.emcnts no��cx�stin�ar hereaftcr erected on ihe Proprrry
<br /> in�uretl against toss b}firG fi�ozards included a•ithm thc term"extended c��rer�.3e"and any othcr haiards far w•hich t,ender
<br /> rcquires insuroace. T�,.anwrance shall he m�intamed in the ainnuntv an�i `c�r the {�erit?cis that l.ettder requtses. 7'he ' -
<br /> , insurance carrier provrdtng the insurunce shaU bc chn4cn by Bormwer!�ub�ect ��+[.enilcr'4 apprcn��i which ybaU �iot bc �
<br /> unreasonably withheld.
<br /> All insurs�nce {�Itcies ond renewals shall he ncceplab3e s�:� t.cndrr and shall inrlude a staaef�rd n�ortgugr claus-e, f
<br /> Lender shap hrve the righ;to hold the pohcie�:and reneNals. If l.cnder rec;;:.�rs, B�rruwcr�h;�li pr��mntly g�ve tn l.endcr .
<br /> ali receipts oipaid prem�u�:as and renewal no��res.[a she e�•ent of In�ti,llr�rrc�a•er chai!g�ti�e prompt uc�trce to the�n5urance
<br /> carriet nnii l,ender.�l.,ender rnay make prex►f i�f lo`�r�f nc�t inade pr+�nt�tly hy Bnrrouet. �'
<br /> Unless L.ender and Ik�rr�w�er�therw•�+e Ugrre in wnt�ng,e�4Mrancr prr�reccic�h:�1���•appl�ed te►rert��ratinu e�r rep«t�t ��•
<br /> nf the Pr�iprrty damagcd.�f the restoratiar�ar re�a�r�s ecouomicaUy fc�tiible�n<i I.rsidcr.�ccuruy a Eu�s letirened if thc
<br /> , restorntian ot rep�ir �s nut rcunomically fcasible nr le�tder'�sccunsy wuuicS he t�wrencd, thc iusttsan�e pr�xee�t�ti�a11 he
<br /> applitd to the 5unts sccure�hy thi.5ecurrty Instrumcnt,whether«r n��s r�es:due, with any cxces�paid to 11nrr�+«er If
<br /> Bc�rr��wet nbandf,nw the Pmperty,or dcres nut unswrr w uh�n 10 day�a nc�tuc frnm I.cnAcr th:�t Ihe�ntiurartcc carrtcr ha�
<br /> o1�'ered tt►�eltle��cla�rn.thcn l.cndcr�:;y�E,lle:t thr m�urancc prc�ceedi �.en�lrr rr�a}� c:.c th�prcKCCdS tn rrp�u u� re�tc►te
<br /> the Yr�sperty ea e��p:�y�utt�r�tcurcYi�;� tt»r Serur��y Inti�tutncnt. u hcthrr ur nnt thce��ct,�e 'ihc�U-il;�v rerii+if w�iJ hr�ui .. . . .....-- - --
<br /> whcn the natice ic givrn.
<br /> Uniess i.endcr an�1 Etnrru��er otherwi.e vgrcr;n wrutn�,any t���pt��:i�:��n��E pr�,�erdi t��qr«ci�+a!tih.�ll ni�t cxtend c�r
<br /> ' pvstppnc the due�ate af the mnnthly payment�referred to m rarngrarhs f anc!���r�h:�upe tFte:�mnunt��f thc p;►y ment4 If
<br /> under paragrnph ly the Ymjserty�is aryuired hy l.eiider. 1l��r�rwer'.r�gh1 tu any ►ntiurance{zolic�e�.�nd pnkeedti resutUnK
<br /> � • f'rum damage tn ilte P���pe�ty�+nar tr the acyuri�u���e ri►all�+a+ti tu t.r�tdtr ru thC rKtcnl r�f the��in2r�.ec:uted h�thi�tiecurlto•
<br /> fn�t�umeFtt in�n�ed�ately�recrrt�►�hearywsttt�+n ' ' '
<br /> 6, i'�cscnfttanettdltainte�nccotP�upcoly;i,c�seholdy. 11�titro.«eetil�aftrirt�fL�tr��.+i�smaFcnr�[�F��tai�uafly
<br /> rhange the �'tt�petly, :lll��u Ihe 1're+�nr�y t�.detena.r;tte ��r r�rnm��t etiaste If th�.5c.:int� In�E!utr�cu! �+�m d tce;eh��ld.
<br /> ETcir�aNer sliallc�r���pf�uUh If�e prr�itisur►�uf ehc leas:e,snd if 11��rn+c+rr u�yuireti iee tt��:t«�he k'se���sty,.t�tC IEJSCflE"rlt�3�11� `-- -�---
<br /> _ � �Plllf�P¢1t�����e�:m�."`i:.:�;:� itisi'iri ice�n {� '
<br /> • �. ri h = rrr rrrcrgcr m n•rrtin�
<br /> 7. Prate�t�on �t t.cndcr`s !ti};tyls in thc Mraperty; 39ortg��;� Insutance, it F���rr���ucr fai+.� us �e�f��si�ti rt�c
<br /> . caverrnntc arid a�rcemcnt�c��ntaircrc!u�th��tic�•unt}�In4uum�•��t.��r thcrc i4 e Irccaf pr�•�ccdcnE.th:it n�:�� �i�:��ili�.�i��fp,�ftc�r
<br /> _, _ - - �X11L�ff'+r�ghts iu�I�c P(i��tCtly /e�r!}! 3.4 3 :yl:_'i'i'd3:l:�' s:i�ssi:�Cri:�:l;s:nm�tij__,f:�.c __.�.:jC!_esl,�!e;':S Jel '.o:t+tf:::6C :0:4.<-s - �
<br /> regulati�msl.lllCli I Cfilll'f li1:y�tvai,J p.�v G�r«h;�le�cr��ne�cc��.:uy i:�pr:�tr,t the�al�c��f th�I'rF�;�rr;y:tr�e31 ei,tlre'w nklrt. � .�
<br /> tn th�.1'ro}�crtr. Lrudeei.crtu�,m Ina�� itrrnliit�e (�aystrk:«ec .utn.,cce�teei n: ,E l;en ;�i�i:h �ra�R�:f„n�y �,�ct th�ti S;.�uns: � �
<br /> L lns�runicnt.i1��Cd1ih�!III C(IUT�.(1:1�1(I[�,'fCJ�utl.l�'��Cift1{�[!tl'}4��!'C�dt1E�Ctt(ClSltt't��l�F7C��(t��`YEit 1i�II1,f�C ICj�:tfl� ��i�lt���✓�i
<br /> �es�der niay t;�kc.�,t�.+�t undcr tl►�s p:�r:i�ra�•fii',F rrT�fi�r tfz•:r rT��t h.ne t���t;•����
<br /> e- Any a�a�»ima ci��hi�r�rd h� 1 cuscr ufutcr th�•`�*�r.+hte{�ts?�h:i1t k��4:�t���;.i.tttr�.�:.:?�i:i,t„s FS.+t rR��.�rs �i•i�frt•;i h�th+t `'r
<br /> • ntUClf1��lii{fpRi4ltf t�fl(Cc5�l tt(tRFI.IfT(��i'i'laf�'f.d�:if'.'. ;t��•E�dff lt'fftl��•i ��.ti1t:^iit.T�tC�l',1R:.�U'�T�tT').1�f T�:.![IiST!'fl���[��tll �
<br /> . ,ihr d<�tc ��f tit�h:ih�t�rrf�; �, tl�t �t�ic t.itc:xnit ���;i(I !_:• p.�z.ir�lc :�ith anttrrtt u�- �,. ri��;+..:� fr�:iit {r�!�ier !�} fi��tt��«�`r �
<br /> - req�t�tm�€:es�r�ie:�s _ ��_
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