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<br /> . � � ..UHt�oltMC0�Exwxts.� �ar�o+i►au�dt,enilercorma��iaadaseeesafatto�vs: � � �
<br /> . � �. !a4'■�t�t�rl■e(M1�M INSn�pt�pqs�pit aMt t�e� Borrow�er sir�tl promptlY WY whtn due , ` . '
<br /> _ . t�eprn�Cip�iaf�di��erataetl�edebtrvidrnoedbytbGNoteandanyixep�Yn�entaadJstechuEesdi�eRmdertbeNae . ` �
<br /> _ .- •� ... ' ' �. i�i Rit1'�s ri L�� Su6ject toapplic�bie t�t�►otia a written n►sive�r by I.eader;9orraxer shalt pay
<br /> �to t.r�l�er on the�ay mo�rthly prinients are Que ur�dcr tka Pt�t��tit the Note is psid in fu1l�a sam("Fw�ds^}eqwd to , � . „ � �
<br /> aae�ttrdRk t�fe (sj yewrly�,taxe's a�.�ts•�vhich may iutaip priority over this Securltq [nstrument; (b) qeu1Y � � ...
<br /> �-�_-. - �.le�u�Id pi��r�a ra�tt:aa�e rraperey; s�u�y;t�1.Ysar3g hu�ra f,mua�c pr�niva��amt.fa) yenry � � - �
<br /> � a�orq�je�aarraae ptee�wljr,it�y.l7�e itam*re c�lled.�•escrow itern�."Lerrd�er msy e�timste tht Fw�s due,ae the . . .
<br /> 6�cta�rt�wEd��iwdti�o■�k�affnturcescrowitans. � .. . . �
<br /> • ' -.Tre Fna�s�i!b�b�d�ia ne iesti.t�tioe tlre depo�i�a'arco+ints of rwhi�h�r+e irtsurcd a�us�intad_by:feden]or ' �
<br /> . . ���a�CI►C�4 Len�ler if L�nder�s wci�ie in�itution.).Laades sbal!•pply tIu Funds co p�y th�e acro�r itenn. � .- .
<br /> ' ��■de��Y�ot�6�r�e tor�oi�aad�pplpit�tl�t Fueds,.a�aTY�et the acoouAt or vaifyin�the acco�wifems,nnLess � : � ..
<br /> � f� � "� L�der pa��erevRer i�it on t6e.P��nd�pplie�bk IaN pereiits�I.ender to u�Ice sueb a ch�r�_Bnrrower.and = ------ -
<br /> � - ��r s�ih-wridnt tt�iiik�tt sfiali be qid on�eFunQ�s.Unkss an a�rament is msde ar applicabk bw . .
<br /> .° ro��iatfrsst ta be pid.Lender stwtt ud be required ta psy Hor�diver s�ty interat ot arnin�s on�he Funds.i.endtr� ' - .
<br /> tiW!�e to 8orrv�rer.'�viti�out�Iar�e.;a inaa�sccauptin�at'tbe F�rrs�sf�o�vina credits urd debits ta the Funds and t8e � � � ` .
<br /> p�]fae fa�vI►ich r�ch�ebit ta the Funds w�r pnade.The FunBs ane pted�uadditlona!secwity t'or thesumssecured by . �
<br /> . . t�seaaity 1'a�roant. , �
<br /> . � , � ,�f tbe�unonat ofttie Fued�hefd b]►Lender.tc�ether w�eth tJ�e future n�oathlY EuYmenu of Funds paya�le priot to -
<br /> � ' 'tlre d��Mea o�'Yhe esct+ew Itam,si�lf d�oadibe tmwmt ttiacpeised to PaY,t1�e escrow itat�s�rhat d�tl�e excas sha116�
<br /> -'� at 9o+�trw�e�s option,e�tb�r P�Y��to Borro�rtr ar credited to Borrower rx,monthlY P�Y�ts o�Fi�ds: It t�--.- . - -- _---.___.___ ._
<br /> ' a�o�d'tl�e Finx4�eW fiy Ledder is twt sulreient to p4y the acmwr atems whm dae,Borrmver sh�li pay to Lender tng
<br /> ' �'� " an�o�At qeoewry to malce np the de�c�picy ia one or more p�yme�ts ss required by Lender: �
<br /> � ' � Upo�e�payro�nt in fult af`a1J aums aecured by this Security tnstrummt,I.ender shatl prornpdy refu»d to Borrorver �
<br /> � 1 : � any�hdd by I.ender. If under parsssaph 19 the Froperty`is soid or acquirtd by Lender.Lrnder s6a11 sppty,no later
<br /> : . .. tluin ia�edist+dy p�ioe ro tLe ssle M'tl�c Property ot its acquisllian by Ler�der.any Fa�ds lr�tQ by Lender�t the time af ' . �
<br /> . �pptieation ss a ciedit spinst the suri�s secund by this Secutity InstrumenR. � �
<br /> . 3. A�ilpf{e�W Psyunb. Unle�applicabk 1a�►provides�therwisG all psymrnts-receired by Lsndtr under .
<br /> pars�raplr�1 and 2 s6a11lx applied:lirat,to late c6sraes due ander the 3Vote;second,t�prepsymrnt chuges due under the
<br /> Not�thlyd,to smouets py�►bk wider pngaph 2;fourtb,to interat du�and lut,to pri�cipsl due.
<br /> " ; F . �. �7Mr�r,t.fe�. HorroMrer sh�ll p�y.aQ ts�ca„as�essments.ctar�es„tinn�and impositions xitRbutabk to the
<br /> Prnpaty which nwtq sttun priarily' aver thes S+e��ity Iastrument, and teaseiatd p�ymmts or sround rents.if any. �
<br /> Borra�er sitall py ti�eseobliptions in the msnner providad in pan�pt�2.or�tnat psid in th�t manner.Burrower shafl �
<br /> • pay thete�on tinu Qircctly ito the perean owed pQyment.Barrowrer sha}i promp�ly fumish to Ltndes�I1 rtopces of unounts
<br /> to be pid under the��r�rsph.!f Barro�eer�sukes theae p�yments direcHy.Botro�ver shal!promptly furnish to I.ender '
<br /> teceipb evidencin�the pymptts. . , ,
<br /> � Borroa►er ihall promptty ditchsr6e any litn�vhich hu priority over thia Security lnstrument untess Borrower.(a) �; `�
<br /> � asrea in Ndtio�to the pyment of the oWiptioa securod by the lirn in s manner acceptabte ta Lender(b)contests ir�6oad � ;`;,'�"
<br /> faith the lien by,or ddend:spinst a�foreement ot the liet�in.kg�l prace�edinp which ie the Lender'e opinion operite to r '
<br /> preveat the enforoen�ent of the tien or forfeitura of�y part oP the Property;or(c)secures from the hotdes of the!'set�an °-'
<br /> ' a�neanent atisfsctory to Lender suburdinsting the tirn to�his Security lnstrument.If t.ender determines that any pan ot '
<br /> ' the Property is wbje�t to R liea�hich may��ttsin psiorit�r ovet ihis Sautity Instrument,Lender rnty give 8u�rrorver a � `
<br /> ' n�tLic�e idrndf_y(i�nj the li�.n.Borrwver sha11 satisfy the lien or talce one or mare of the actions sct forth abave within 10 dsys
<br /> �tlK.���U��� , � • � ' %4.
<br /> � S Ha�N I�wn�ee. 8orrower shilt kap the improvements now existing o�herrafter erecttd on�he Propetty � -
<br /> insuredspir�st Ic�by fire,hszsrds includod within the term'•excendod coverage"and any other hazards fo�whirh Lender , _
<br /> rqui:cs insn�anc�. Th�s insurtutce 9fi�aiJ be m:intainea in the amounts and far tt�e petiads th�t Lender requira. The
<br /> : ir�snrana carrier providins tlk inwnnee sA�q be chasen by Rorro�rc�subjoc�[o Lender's approva{which shall rtot be • .
<br /> ' wrraaonabty witl►be�d.
<br /> � Al!iruurance policies and rerte�v�t,s ahall tie acceptnble tv l.e�der and ahall include a standatd mortgase cfause. �
<br /> Lender tbsl!hsve the risht ao hold Ihe policies and ree�ew�ls. IP Lender«quires,Bonowu sliall pr�mpt�y give to Lender -
<br /> � sli recdpts d'paid premiurt�s and reacwal notices,in thc cvcnt of toss.Borrower ahaU give prompt notice to the insurance .
<br /> carrier anQ Lender.t�tder may make proofbf lass iinot made promptYy by Borrower. ' ,;;�;
<br /> • � � Unlas Lenderand Borrower othetwise aaree in writing�iosurance procads shal!be applied.to restototion ar rep�ir ���
<br /> : of the Property dsmajod,if tbe nstoration or rtpsir is ecunomically fessible and l.ender's security is not lessened.tiihr �� �
<br /> re�toratian or repir is not eronomicatly feasibk or 1.ender's sccurity wouW be tessened.the insurance proceeds shsll be
<br /> applied to 1he aums socurod by this Security In�trumrnt.whether or nnl then Aue.with any excess p�id to Borrower.lP
<br /> . ' 8orrower�baadon�the Fropeny,ot does not ansxer within 30 dsys s rtotice Prnm L.ender that the insuranee carder has
<br /> oll'ered to settlE s claim.then Lender may colkcs the insu�anct prcxeeds.l..ender may u.ge the procgeds to reps�ir or rcstore ��� �
<br /> the 1►roperty or to pry sums secured by Ihis Security lnstrument,whettrer or not then due.'�'he 30-day pericrd wil!bcgin
<br /> when the notice a�ivet�.
<br /> Uoless Leade�arsd 8orrawer otherwise�gra in writing,any application uf praeed��n principal sha!!not extend or
<br /> . postpone the due d�te af the monehty payments rcferred to in paragrephs 1 and 2 or change the amount of the payments.If
<br /> under p�nanph 19 the Yroperty is�cquired bq Lender,�orrower's riaht to:�ny inwtance poticies arrd proceeds rtsntting
<br /> . , f�om dam�e to the Property priar ro thescquisition shs}l pass to Lender ta the e�tent of 1he sums sccured by ehis Sccurity �
<br /> Instrument immed'atriy p�or to the acquisision.
<br /> � 6. PKaef��tiat a�Mat�te�aweeatPro�eHy;t.t�lel�olda, Horrowershall not destr�y,damage or substanually
<br /> ' changc the Propetty.�)tow the Ptopetty to deteriorAte or rommit waste. If this Security �nstrurreent is c,n a Iraseh�ld,
<br /> Borrower ahall comply with th�•provisiuns of the leasr.and if Borrower ucyuires fce tule tu tfie Yroperty,the leasehold And
<br /> , fs±�ilk�!�.a!!r.�t saesga::nl�i..°nd,,r:arcfs:�;rc�„c,���,�wriiing. -� -_-
<br /> T. Protectia�ot Lendtr'� Ris1b in thit Pm�erty; Mort�e I�wnRCa If 8orrawer fails ta perform the
<br /> wvenantsand agrcem�entscontained ia lhis Security instrument.or Ihcre i9 a legaii prc,ceeding th3t maysi$n�6cantly,affect
<br /> -- . _t.ttK�CR'R T1l�ER�t��lE4�ifSr�.,�tC� �s s nit�!}:3a•it��33�L�.;�:;. �S��a:.3:.fvs �s:ndcmna:ion ar to eni�►tce iawr or -._ . . _.. .__...
<br /> � rtaulttion�j,then LenQer m�y do ond�ay�or whatever iq neccssary tcr protect thc vatue of�he Ptaperta and l.cnder's rights
<br /> in ehe Property. Lender's ections muy inclede�+ayii�g any sums secured by a ti�n which has pn�r�ty u��er th�s Serunly �
<br /> InstrumCnt,nppeating in court,paying reason�ble altc�meys'tees and entering em the Prqyrrty to makc repairs.Although �
<br /> , � Lender mtiy take aclian unQer this paragraph 7.Lendcr daes nat h�Ye to do sa . ,. �
<br /> Any amountsdisburse�!b}Ltncier uf�der this paregraph 7 shal!becarttc ad�ineonal debt nf tiorrower serurc�i by this
<br /> Security tnsttument.Urtless 8orrower and l.ender agret t��ther ferms nipay mcnt.these amvunts shaU bear�ntcrest frum t�
<br /> the dYte of dicbursement et the Nbte rate And shall be payubte. with intertsl, u�+rn not�ce fran� iender tu $c�rrc,a•er �
<br /> -T��BPaYment. • �!!
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