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<br />UNIIttR%I('it%IN.%NIs Norrower and Lenderco %enantantfaert` ;i%fiollow% 89.102799
<br />1. Payment of Principal and Interest; Prepayment and late CAarges. Borrower shall promptly pay w hen duc
<br />the pnnr:i}>al ufaitd uiten.t on Ilic dcht c%uiencoM by the Note and any prepay men? and late charge%dur under Itic Note
<br />2. Funds for Taxes and Insurance. Subject to applicable la%% or to a w r +r ten wai%cr by Lender, Ilorrrtw er .hall pay
<br />to Lender tit) thr, day Monthly llaym -ena; are due under the Note, until the Now is paid tit full, a sum (" Funds ") equal to
<br />one- l%%elllh of (a) yearly taxes and as%cssmcnts which may attain priority uvcr this Security Instrument, (h) yearly
<br />leasehold paymenis or ground rent% on the Property, if any; (r) yearly bazar%! insurance prenuuma. and (d) %Carl)
<br />mortgage insurance premium-,. if any. These items are called -escrow items.'* Lender may estimate the Funds due an the
<br />basis of current data and reasonable esti mates of future escrow items.
<br />The Funds shall be held in an institution the deposits or account. of which are insured or guaranteed by it federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow• items.
<br />Lender may not charge for holding and applying the Funds, analyzing the account or verifying the escrow items, unless
<br />Lender pays Borrower interest on the Funds and applicable law permit% Lender to make such a charge. Borrower and
<br />Lender may agree in writing that interest shall be paid on the Funds. Unless an agreement is made or applicable law
<br />requires interest to he paid, Lender %hall not he required to pity Borrower atiy interest or carning% on the Funds. Lender
<br />shall give to Borrower, without charge, an annual accounting of the Fundy slit -owing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds was made The Funds are pledged as additional- sievuriiy for the sums secured by
<br />this Security Instrument.
<br />If the amount of the Funds held by Lender, togedycr with the future monthly payments of Funds payable prior to
<br />the due dates of the escrow items, shall exceed the anr(ttant required to pay the escrow items when due, the excess shall be,
<br />at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds. If the
<br />amount of the Funds held by Lender is not sufficient to p: y the escrow items when due, Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in one or nu *re payments a% required by Lender.
<br />Upton payment in full of all sums secured by (hi,) Security Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Lender. if under paragraph 19 the Property is sold or acquired by Lender, Lender shall apply, no later
<br />than immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by Lender at the time of
<br />application as a credit against the sums secured by this Security Instrument.
<br />3. Application of Payments. Unless apphcabtt; lase provides otherwise, all payments received by Lender under
<br />paragcaphs 1 and 2 shall be app ied: first. UA late charges true under the Note; stet *nd, to prepayment charges due under the
<br />'S;%,atw third. to amounts pay•ah9, under par;,paph 2. r outrtlr, to interest due; and lasm. to principal due.
<br />4. Cliarg"; Liens.. Wtrower shall pay all taxes, assessments, charges. fines and impositions attributable to the
<br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents. if any.
<br />Borrower shall pay these obligations in the manner provided in paragraph 2, or if not paid in that manner. Borrower shall
<br />pay them on time directly to the person owed payment. Borrower %hall promptly furnish to Lender all notices of amounts
<br />to be paid under this paragraph. If Borrower makes these payments directly. Borrower shall promptly furnish to Lender
<br />receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a)
<br />at-1- i^ writing tit lh pay.^.:ert of tltc rn ligatirz iR ur cu `t y ii c lard tit it manner auccpfabie to Lender; (b) cvntests in good
<br />faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to
<br />pfeyettt lire eitfor.ro►ci-a Lf tine lien or forfeiture of any part of the Property; oar 6c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security lnstrurau;nt. if Lender determines that any part of
<br />the Property is subject to a lien which may attain priority over this Securfty Instrument, Lcnder may give Borrower a
<br />notice identifying the lien. Burrower shall satisfy the lien or take one or more et the actions set forth above within 10 days
<br />of the giving of notice.
<br />S. Hazard Insurance. 1 Borrower shall keep r.1 -tea impro%emeni% now t xmsiing or hereafter erected on the Property
<br />insured against los %by fire, tidzards included within the term "extended coverage" and any other hazards for which Leader
<br />requires insurance. This insurance shall 'be maintained in the amounts and for the periods that Lender requires. 'the
<br />insurance carrier providing the insurance Mall he chosen by Borrower %ubject to Lender's approval which shall ttof be
<br />unreasonably withheld.
<br />All insurance policies and tertewals shall be acceptable to Lender and, shall include a standard Mdrtgage clause.
<br />Under shall have the right Co(,,old th licies, and rcncwals. If Lender regwnz,,.11orrower shall prom} dy give to Lender
<br />alt reeceipts of paid premiur,.t.s ia.'td renewag notices, in the e%ent of i rot "Ilcrrrseazr %hall gi%e f ,,amps notice to the i sr rarce
<br />carrier and Lender. Lender may make prrooftif loss if not made promp!l} YSy: Ida. rower.
<br />Unless Lender and Wirrower otherwise agree in writing, insurance prazi.:eds shall be applied to restoration or repair
<br />of the Property damaged, if the restoration or repair is economically feasible•Lnd, lenders security is not lessened. if the
<br />restoration or repair is not economically feasible or Lender's security would'be.3es%ened, the insurance proceeds shall be
<br />applied to the sum% secured by this Security instrument, wheth:r or not then due. with any excess paid to Bo; rower If
<br />Borrower abandons the Property, or dots. not answer within 30 day.s.a notice from Lender that the insurance carrier has
<br />offered to settle a claim. then lender may collect the insurance prtx-m yids. Lender,tgay use the proceeds to repair or restore
<br />the Property or to pay sums secured by this Security Instrument, %lati her or rya %hen due. The 30 -day twriod will begin
<br />when the notice is given.
<br />Unless Lender and Ekrrower otherwise agree to writing, any.: pplication of proceeds to principal shall not extend or
<br />postpone the due date of the�monthly payments referred to in paragraphs I and 2 or change the amount of the payments. If
<br />under paragraph -19:the Property is acquired by Lender. Borrower's right to any insurance policies and proceeds resulting
<br />from damage to rife Ptoper.tvptrior to the acquisition shall pass to Lender to Ofe extent of the sums secured by this Security
<br />Instrument immediateC, priorro the acquisition.
<br />6. Preservation a m;£Nlaintenance of Property; Leaseholds. Borrower %hall not desiro%. damage or uibstantially
<br />change the Property. alb ;`�c• t>ye Propt-vy to detenorate or commit waste if this Security Instrument ►% on a Ica%chold.
<br />Borrower shall comply wet} 41 pro-, -5ii- s of the lease. and if Borrower acquirc% fee title tt' the Propcity. the leasehold and
<br />fee title -.hall not merge un't., Lender agrees to the merger in writing
<br />7. Protection of Lender's Rights in the Property; mortgage Insurance. If Borrower fall, to perform the
<br />covenants and agreement %contained in this Security Instrument, or there is a legal proveeding that may %tgntficantly affect
<br />Ixnder'• right% in the Property (such a% a protcced+ng in bankrupt%y, prohate. fitr ttnulrmnatujn r`r tt• enforrc laws or
<br />regulatit >n%), then. I ender may th,aircf ray for whate%er is neces%an to 'Protect the %aiue (,f the Property :errs: Lcnder'% right%
<br />►rt the Ptttperty 1 endcr'%at:nan% ma) include paymg any sums %ccurcd h% a hen wht�h ha% prr`n :y tact the% SCt Urii%
<br />!r,%trunrrnt. appearing in en;irt, paymg rea.onahte attorney-' fees and emcnng on the Pr „pert% i,, rri.ike repair. Althtnrgh
<br />1 ender may take action under this paragraph 7. Lender t14+c% not ha%c ttodv %t,
<br />Ar1,6 at-nrrrri%di%hur%edhy I coder under the% r ,trot:raph'shal)hciotmc :rtitltt tonal , :eht, f ktvrrt. rr %c. tr. rt! h% tin%
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