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WR t rtgpWt7• 6 trsIT# JWJ trMW7 tea ■m+tarJW VFWnu , � lal IrMWry 11RwVJWJa sli{AMMO *RW. 1% 0 Mg. .sw t His wa,+,�aa "asavw nun. landr ray valirtfrfs the Funds due on the basifs of current ddb and ressoft" eslkietsa of fitlureataow sum The Funds shall be hM in an hst«ubon the ftoslts or accounts of w kh are insured or queranteed by a • kdm Lor stab agency (irroMnbtg Lutdsr / Lsrider M suit art UtatlMrlforr). Lehr sftaN apply the funds to pay the escrow Name. Candor cosy rest cJt�rga for ' haiiq and .appyiq file tFUtdn. wrafyttrtg the a000tmt or varFylrp the eeaow Neetna. unless Lander pays Borrows: k tweet on tine world,and sppk*b law pwnib Lander to• inch such a dwoe A charge sseessed by P ender in ea cflon with. Borrowers wder ft - - - itaa Vft saarrty batiaeertt to -pay the cost of an shd not ba a d+rpa tor-purposes d the prsce ft - sawlenaa: booster and Lander may agt+ae M wlfBtg brat intarsct shot be paid oa tfte Funds. Unseat an a¢esment la made or applcsbM -- law rsgnrYles fniwwt.to be Oaid, Under shag net ba• ragntirsd to pay Borrower any k4enest or sanntngs c n the .Rinds. Lender shall give to 5 Baroww. without charge, an affront aeeoungng of the Funds stm tg eredta and dd is -to that funds and fire purpose for whirl oath debit to the Furnds was made. The Funds are pledged as additional sscuNy for the suns wooed by this Sera,rily insaumarrt ' If the arnau nt of the Funds held by Under. together with the, *Me monthly prynwtts of Funds payable prior to the due dates of the eeabw NNr* stud wooled the amount required to pay the escrow itaas when due. the excess shall be, et Borrowers option. sither pmenpily ro isiti for Borrower or aarlil to Bornwrr on monfhty paymerds of funds: If the omorxrt of the.Ftsrda field by Lander is not • : f suMdwit to pay tine eeaow iprrrne when due, Borrower shag pay to t ender any amount necessary to make up the deficiency In on" ! more payrne nts as ragntred by Lender . Upon pay cord .h #A of All sutns secured by this Saw* Instrument. Lender shall promptly refund to Borrower arty Funds held by LsnOw. N under paragraph 18 the Property b sold or acquired by Lender, tender shag appl% no later than finned * prior to the sob j of the Property or its acquisition by Lomfcir, any Funds held by lender at the time of application as a credit against the suns secured j by this Security Instruawnt. 3: AppllcOm of Payments. Unless applicable law provides otherwim all payments. received by Lender under paragraphs 1 and 2 shag be apptleed. first. to late dirges due under the Note. second, to prepayment charges due under the Note: MAW amounts payable under paragraph 2: fourth, to interest due: and last, to principal due. 4. Charges; Usns. Borrower shag pay all taxes, assessments, charges, frees and impositions attributable to the Property which may attain priority over this Security insftn"ent, and kesehold payments or ground rents, If any. Borrower shag pay these obligations In the manner provided in paragraph 2, or if not paid in that manner, Borrower shall pay them on time directy, - to the person owed payment Borrower shall promptly furnish to the Lender all notices of amounts to be paid under this paragraph. iI Borrower makes these paymarts directly. Borrower shag promptly furnish to Lender receipts evidencing the payments. j Borrower shag promptly discharge any He which has priority over this Security instrument unless Borrower. (a) agrees In writing to the payment of the obligation secured by the lien in a manner acceptable to Lender. (b) contests In good faith the lien by. or defends againnst eniorcatnant of the lien in. legal proceedings which In the Lender's opinion operate to prevent the enforcement of the Ran or forfelture of any part of the Property: or (e) secures from the holder of the Ran an agreement satkf story tot ender subordinating the Ran _ to this $@aft Instrun L If Lender determines that any part of the Property is subject to a Ron which may attain priority over this Security Instnxnwnt, Lender may give Borrower a notice identifying the Ron. Borrower shag satisfy the lien or take one or more of the actions act forth above within 10 days of the giving of notice. 5. Nazard insurance. Borrower steal keep the improvements now existing or hereafter erected on the - Property insured against loss by fire, hazards Included within the term "extended coverage" and any other hazards for which Lender requires insurance. This insurance shall be rnsintshod In the amounts and for the periods that Lander requires. The insurance cooler providing the insurance shall be chosen by Borrower subject to Lender's approval which shag not be unreasonably withheld. AN Insurance policies and renewals shag be acceptable to the Lender and shag Include a standard mortgage clause. Lender 'shell have the right to hold the policies and renewab, if Under requires. Borrower shall promptly give to Lender all receipts of paid premiums ? and rwtswal nollose. In the event of lose. Borrower shag give prompt notice to the insurance carrier and Lender. Lender may nuke ? proof of loss 0 not made promptly by Borrower. Unless Lender and Borrower otherwise agree In willing, insurance proceeds shall be applied to restoration or repair of the Property damaged. N the restoration or repair Is economically feasible and Lender's security is not lessened. If the restoration or repair is not econamically feasible or Lender's security would be lessened, the Insurance proceeds shag be applied to the sums secured by this Security Instrument. whether or not then due, with any excess paid to Borrower. If Borrower abandons the Property. or does not answer within 30 days a notice from tender that the Insurance carrier has offered to settle a claim, then Lender may collect the Insurance ...._ __..._. proceeds. Lender may use the proceeds to repair or restore the Property or to pay sums secured by this Security instrument. whether or not then der. The 304y period will begin when the notice Is given. Unitas lender and Borrower otherwise agree In writing, any application of proceeds to principal shag not extend or postpone the due date of the monthly payments referred to In paragraph 1 and 2 or change the amount of the payments. If under paragraph 19 the Property Is acquired by Lender. Borrowe's right to any Insurance policies and proceeds resulting from damage to the Property prior to the acquis" shag pass to Lender to the extent of the sums secured by this Security'instnument immediately prior to the acquisition. 6. Preservation and Maintenance of Property: t easehotds. Borrower shall not destroy, damage or substantially change the Property. Mow the Property, to doteriorate or commit waste. It this Security Instrument is on a lessehold. Borrower shall comply with the provisions of the lease, and N Borrower acquires fee title to the Property, the leasehord and tee title shag not merge unless the Lender agrees to the merge in writing. — — 7. Protection of Lender's R14hts to the Property; Mortgage insurance. it Borrower faits to perform the covenants and oweenimts contained In this Security Instrummi. or there Is a legal proceeding that may . signirictiy affect the Lender's right In the Property (such as a proceeding In bankruptcy, probate, for condemnation or to enforce laws or regulations), then lender may` do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. Lenders actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys' fees and entering on the Property to make repairs. Although Lender may take action under paragraph 7. Lender does not have to do so. L Any amounts disbursed by Lender under paragraph 7 shalt become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shad bear interest from date of disbursement at the Note rate and shag be payable, upon notice from lender to Borrower requesting payment (Ili F UiCTt �02I>