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<br /> . iJKt�pltt�t Cov�vA1�7'5. Bomowar�ttd Lai@er`ca�renant and agree as foltaws:
<br /> . . � ` i. Pa�e�t ot Pelaclw aMd Ltaest;_�reM�t md Lte«arges. .B�rrawer shaU promP�Y PaY When due. • � ` �
<br /> � + � , the princdp�l of and initre3t on the debi evide�r.edDj�-�hc Nott and any prepayment and l.�te ch�rges due unda the Nott.
<br /> ` � . � 2� Fui�s inrTiia[a�nd�a�ra�ce. Subjict to ap�licablt!aw ar tp a written waivu hy Lender>Hanower sl�aU pay •
<br /> ' , to Lender o�tha day Euontbly paymenu are deu under the Note,w�al the IVote is paid in fiill,a sum("Funds")equal to , , .
<br /> ont-iWeifth of_(aj yearly taxes and assessments wltich may attairi priority over ttris Soeurity Instrument; (b) yearly ' ` ,
<br /> - - ;:k�tlMlc�-Po►3nnat�s or:gmund-rents_ort.�the I'ropert�+: if a»y; f c)�gearly hazard insnrnnce gremitims; and (8�3�nr1� - ` - ' --
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<br /> • . .. �—.__�_.. .—--- .�ii�-'��rowificros�-"-�ncic�'°mayisfiraa[ctic�fum�suue c3n Ei't�-
<br /> 'T � . basisofcnrreutd�taandrasoaa6kestimat�so€futurerscrowitems. � �-- � � - —
<br /> ' T'I�e Fu�ds shall be keld ir�aa institution the dtposits ar accounts of which ar+e insure�or guarantad by a federal or , � •
<br /> '� % 3tatq a�ency`(inciudn��I.ender�'I.endet is such an iastitutianj.Lender shat!apply the Fnnds to pay the acraw items.
<br /> t.mder may not cl�uge for hol�ing and appjying the Fuads,anatyzing the accaunt or verifying the escrow items,unless '
<br /> _ ; . � � i.ender p�ys�orrokes intecest aa the Funds and appficabk law piermits Lmder ta make sucb a charge.8orrawer and .
<br /> --- _--.- � - : L�er t�y a�ree i� �it�ng th3t snta�sball be.paid on the Funds. Unless an agreet:cent is made or�pPlicable la'w
<br /> ; . : requires imerest to be pud. Lrnder shail aot 3�c.required to pay Bonower any intetest or eamings on the Funds.Lender
<br /> ; �. aha31 Eiva tb Horto�errwithout cl�args.an annual accaunting of the F�ucds showing credits and debits to tht Funds and the ' .
<br /> " pur�puse for which ach debit to the Funds was tnade.The�unds aze pledged as aiidiaonal security for the sums secured by '
<br /> { thisStcutity Instiument. � � � � .
<br /> . . If the amount s�t}ie Fuuds hetd by Laader,together with the future monthIy payments of�unds payable prioi to '
<br /> • j tlre due date4 of the eserow iteass,shalf exceea�?he smount requirod to pay the escrow items wlirn due,che�xcess shaJl be, ,
<br /> st Horto�ver's option,eith�r promptiy repaid t;?Borrower ur creditod to Borrower on,monthly paymtnts of Funds.If the • .
<br /> , ' � - � str�v;ji of the Rus�ds t�eW 1ri Lcs��-is not sut&cient to pay the escrow items wh$r.s�_�8onawer shatl�►ay ti►Lender any
<br /> � � amcwnt naeess�ry to make up the defieieney in one�r more payments as recyuired t���cler. � ,
<br /> � " ` Upon paymmt in fult oF a11 sums stcured by this Security Jnstrucaent,€Rrs�er shalt promptly refunc�[o Bonower
<br /> , �' f � any Fu�}ds held by Lender.Iiundet paragrar�I9 the Property!s sold or acquired by L.ender,Le�dcr shall appty,no later
<br /> , ' ►� � �•• than immedir�telg pri�or ta the sate of the P.opesty os its acquisition by�Lender.any Funds he;c�by Lender at the time of• :.
<br /> �( � ap�licatian as acredit against the sums secured by ti�is Security Instrairrt�nt. `
<br /> � % 3: .A�lication at P�y�is. Unless applicabte!aw p*avid�s othecarise,a!1 payments received by Lender under
<br /> • t pangrsphs t an¢2 shalJ be appi:ed:first,to late charges due under the Nate;second.to prepayrnent charges deie under the � •
<br /> - �� , Natr,third,to amour.ts payable nndes paragtaph 2;fourth.to interest due;.and tast,to principal d�. -.
<br /> 4. Clar�es;I,k�s. Barrawer shall pay all tax�s,assessments.charges,fines and imposi3ions attribut$bte to the
<br /> � _ Praperty �vhich may attain pra��ry,over this Security Instrument, and leasehots!�ayrrtents or ground tents, if any.
<br /> ' Barrower shall�ay these obligati�;�s in the manner provided in paragraph 2,nr if n�t paid in that manner.Borrower shall ' '
<br /> , � pay them on time directty to the�erson owed paymer�t. Banawer shal{psomptly fumish t�Ltnder all notices of amonnts . .
<br /> to be paid under this paragraph. [f Horrawer r►.:�akes these payments directty.Borrower shall pr�mptly fumish to Lender
<br /> �. rtceipts evidencing the payments. ' � �
<br /> ; Borrowec shall promptly dischargc any tirn which has priority avet this Security Instrument unless Borrawer:(a) , � ;
<br /> � i ' agrees in writittg to ihe payment of the obligati�n secured by the lien in a manner acctptable to l.ender;(b)contests in good -
<br /> ' faith the lien by.or defends against enforcement af the fien in.legal praceedings which in the Lender'ti apinion operate to
<br /> preverft the enforesment os the lim or farfeiturc of any part of the PropeRy;ar(c)secures from ehe hc�lder of the lien an
<br /> ' agreemrnt satisfactory to Lender sulxirdinating thr lien to this 3ecurity Insirument. li'L.ender determines that xny part of , .
<br /> the Property is subject to a lien which may attpin priority over this Security Instrument, Lender ntiay give Borrower a �
<br /> � notice identifying the lien.Borrower shall satisfy the lien�r take one or marc otthe W�tians act forth abcne w�thin !0 dayc ' _
<br /> of the giving aPnoticc.
<br /> ' ; S. Hasud JASUnnte. Borrower shoq keep�he irtipravemcnts.n�w cx�c�ing ar hereaftc►erectcd on�he Praperty
<br /> ' insured against lvss by fire,hazards included within the term"eatended cc�veragc"and any othe,-t:azards for which t,ender �
<br /> , requirts insurance.This in�urance shall be maintained in the amountc and for the �ericxts �hat Lender requires. The
<br /> insurance carrier �roviding the insurance shalt be chosen by Rorrawer subject tc+l.ender'e approvai whirh sh�ll ae�t be
<br /> , unreasonably wilhheld. � ' •
<br /> Aq insutance pvlicieq and reaewals shall bc accepta�te t<�L.ender and sha;l inrlude a titandard mongage clau�+e. ;
<br /> l.endtr shall have the right to hatd ihe policies And rtnewats.If Lendc�r�:quires,Eiorr�wer shall prompfly give to Lcndcr
<br /> � ull reteipts of paid premium;artd renewal reotices.ln the event nflns�,�1rr�wer shall give�rampt notice to the i�isurance -�.
<br /> earrier and l.ender.t,ender may cn�ke proc�f aPtc��s if not made prompt;ti by tic�rrc,wcr.
<br /> �'nless Lcnder and F3�rrower otherwise agrec�n wr�tmg.�r►ru�aricr pr�KCed.r shall br applicd to re�torati�,n nr repa�r , '� '
<br /> ' � of the Prapeety damaged.if Ihe restoratian or repair iw ecanomtcally fcasible:�nd Lender'y security iti not lesrened.'If the
<br /> � restoratinn ur repssr is not econamicalty feasible nr Lender�yccunty a�r�ulcl be(etitiened,the msurance puxeeds Shal!bc
<br /> . applied to the surris sccured by Il�is Securi�y tnti�rument.whe�her or.�..t then due, H�th uny e�cesc paid tc+Ilnrrnwer. If
<br /> , , _ &�rrower abvndans�he Pmperty,ar dnes noi answcr�viihin 3U days a nc�hrc frUm Lerder that thc imurance carr�cr hati
<br /> � otf'ered rosetele a elaim.then l.er_c�er may crltert the.incurance prc►ceed�±. Lender may u�e the pr�xeeds t��repair c�r rcwte+re
<br /> � the Prop:rty or to pay�urt�s scti:.:ttd by this 5rcurrty Instr;�iiicut,whcthrr nr nnt t'�eii cfue. Thc�0•d�+y pcn�ct w�ll bc�iti � � � �
<br /> � whenthenoticeisgi�en.
<br /> � " lTnless Lender and�trnwer otherui�e�grce in wnt�ng.any a��;��cau�m e�f prurrcd�te.prmcipai 4haf1 not rMtcnd�:r
<br /> . � postpr�ne the duc datc nf�he tnr,:,thly payments referretl�n=n paragranc� 1 and?E+r chanEc�hr ami�unt c�f Ihe p�ymentti. tf
<br /> � uedcr paragrapb 191he f're�perty is ucquired b} Lentter, fst rrnwcr'ti nght t��uuy itiirurasur��lictc�,and prcxrcuti rrtiulUn6 •
<br /> ' Pram damage to thePr��perty Priur t��the ueyuisilian shall ra�c t<+(.ender t�+the extent�+f the�um�ticcurtd hy tn��5ecunt�
<br /> Inslromcnt immediatriy prir�r a�thc acyuss�tiori
<br /> 6. Prese�vation and:�1a.�ntenpnee uf Praperty;l.eA�eh[►lds. flc,trnt�cr sha�)n�+t dctitn�y.cianiage��r Substantially �
<br /> change the Property, �ilow the Yro�serty te+detennrate or co�nm�t aastr. If th�c 5rcucdy Instrurne�it ��c�re.a leacehold,
<br /> Barrower sh�ll comply with the procisii+ns of the IeaSe.�i►d if[3�rrc�wer scyuirc�fce t itte tn the�'rc�perty.the 1e�5eh�td an� �- °--
<br /> f�e Ii►1e chal�nn�ni�tg.e unlesc l.ender Ugrecs tn E hc ntrtget tu�tiFitu►e. '
<br /> � 7. Protcction ut Leeder'� Right� in the I'�operty; �furl��e trtsurnnce. If fic+rn�war f•.ititi.U� perfurm �he
<br /> euvennntsand a�reen�rnisce�ntai��rd i�►this Seceint}l�i�erumeiit,�,r ttiere��a le�.ai rrucceJi���t)ras m:sy .iguifir�ntl�afTect , '
<br /> - - �,errder's rights i� the�mpert� fsuci�as a prr*�zecFing m itanfin.�t�;. �►rainte, f�r c�mt�err.n�tTr•n rtr tt�enfarce ianz•r*r - -
<br /> rrguiatiunti).then Lcndcr nysy d��attd pay fi�r ahatc�cr iy nccs�!..�r}tc�prutect the�atur c3f thc 1'rnpert�ancf Lcn�frr'�ricbtti = �,
<br /> � in the i*ro�x,rty. i_ender�s;iCU(�qti f118S Ittt�tt(�C ��a�uig arey u�stst�r.urr�l hy .� Lcii wlir�ri t�<iti��ru,ru� e,ticr th�,Sece�rity �
<br /> � In4lrucnent.appeat�n�m enurt,pay�mg teasuu��+le attcvnc}s'fecs and entcniig��n the Pruperc� rv mak� rep:ur� A1th��u4ta
<br /> l.eacfcrn�aytakeactinnundcrth�s��aragra�+h7, Lti�der�tut�nvtha�et��d�����
<br /> An}�amouttts disbn�.cd P�y Lcuitrr uuder llu<<+aragraph 7�i�.�lt he�nr�u•.�d�Ltu�n�:i dcht��i�i�+rr�•u er�e�uird hy ehi� �
<br /> 5erurrty histvumeiEt Unlcsc}�areuurs and!rnclCr aqrec ti�s�thcr term.��l p.t4Fi�C1�L EfICiC a«�;�ant��t�ail t�c:+r���tcr.•.t!'r:�ii� �
<br /> the dttse i7f�l�sbi�scr«:eut ut the ti':�te c:►tc i11{i� 4Y},�l!t:e �;•:i�:st,!c•, �4�tl: :s:t:r::41, ei�::,�► :���te�e fr��:r� l �:,.l.r t.� 13;�xt����cs tA
<br /> . tcyu��li�r�,�;iyrrretit - - - :=�.,
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