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<br />105165
<br />UNIFORNCOVENANTS. Borrower and lender covenant and agree as tollows:
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<br />1. fty w 91Prhdp wAlnMnst ;PlepsynrrjrtttrndLalaChar9m Borrowershatl promptly paywhenduathe
<br />principal of and interest on the debt evidenced by the Note<and any prepayment and late charges due under the Note
<br />_ 2. FeedsforTerteswW1- r4urprrcie. Subjecttoappti —hte law, ortoawrittenwaiverbyLender .Boriowershalipiay•
<br />to Lender`ba She day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds") equal to
<br />one- twelfth of; (a) yearly tuxes and assessments which may attain priority over this Security ln�. ment; (b)F yearly
<br />Is(rNtoW poymants or ground rents on the Property. if any; (c) yearly hazard insurance premiums; and (d) yearly
<br />mortgage insurance premiums, if any. Theie items are called "escrow items". Lender may estimate the Funds due on the
<br />basis of current data and reasonabie-estimates of future escrow items.
<br />The Fundsaltall be held in an institution thedepositsoraccountsof which are insuredorguaranteed by4 federal or
<br />state agency (including tender if Lender is such an institution). Lender shall apply the Funds to pay the-escrow items.
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<br />Lender may not charge for hotdingand applying the Funds, analyzing the account or verifying the escrow items, unless
<br />Lender pays Borrower interest on the Funds and applicable taw permits Lender to make such a charge. Borrowerand
<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 be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender
<br />shall give to Borrower, without charge, an annual accounting of the Funds showing credits and debitsto the Fundsand the
<br />F purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sumssecured
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<br />by the $ecur Jir strumer.L= -- -
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<br />Ifthe amount ofthe Funds held by Lender, togetherwith the future monthly payments of Funds payable prior tothe
<br />due dates of the escrow items. shall exceed theamount required to pay the escrow items when duethe excess shall be, at
<br />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 riot sutficient to pay the escrow items when due, Borrower shall pay to Lenderany
<br />amount necessary to make up the deficiency in one or more payments as required by Lerider. I
<br />Upon payment in full of all sums secured by this Security instrumenit. Lender shall promptly refund to Borrowerany
<br />Funds held by Lender. If under paragraph 1 gthe Property is sold oracquired by Lender. Lender shall apply; no laterthan
<br />immediately prior to the sate 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 applicable law provides otherwise, all payments received by Lender under
<br />paragraphs t and 2 shall be applied: first, to late charges due under the Note. second, to prepayment charges due under
<br />the Note: third. to amounts payable under paragraph 2. fourth, to interest due: and last, to principal due.
<br />4. Chases; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the'
<br />Property which may attain Oricrity 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 timedirecttytothepersono viedpayment Borrower shai( prornptly furnish to Lender all notices ofamountsto
<br />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 />agrees in writing to the payment of the obligation secured by.the hen in a manner acceptable to Lender; (b) contests in
<br />good faith the lien by, or defends against enforcement of the hen in. legal proceedings which in the Lender's opinion
<br />operateto prevent the enforcement of the lien or forfeiture of any part of the Property, or (cl secures boric the holder of the
<br />fienanagreementsatisfactorytoL endersubordi nati ngthelientothisSecurityInstrument If Lender determines that any
<br />part of the Property is subject to alien which may attain priority over this Security Instrument. Lender may give Borrower a
<br />notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above withers 10 days of
<br />the giving of notice.
<br />S. Hazard insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property
<br />insured against toss by fire, hazards included within the term - extended coverage" and any other hazards for which
<br />Lender requires insurance This insurance shall be maintained in the amounts and for the periods that Lender requires
<br />The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's approval which shall not be
<br />unreasonably withheld
<br />All insurance policies and renewals shall be acceptable to Lender and shat! include a standard mortgage clause
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<br />Lender shall have the right to hold the policiesandrenewals If Lenderrequ: res. Borrowershal 1promptlyrgivetoLenderalt
<br />receipts of paid premiums and renewal notices In the event of toss. Borrower shall give prompt notice to the insurance
<br />carrier and Lender. Lender may make,proof of toss it not made promptly by Borrower
<br />Unless Lender and Borrower otherwiseagree in writing, insurance proceeds shall be applied to restoration or repair
<br />of the Property damaged. if the restoration or repair is economica,ly feasible and Lender's security is not lessened If the
<br />restoration or repair isnot economically feasibreorLender' ssecuntywoutdberessened , the insuranceproceedsshatibe .... _
<br />applied to the sums secured by this Security Instrument whether or not then due. with any excess paid to Borrower If
<br />Borrower abandons the Property or does not answer within 30 days a nonce from Lender that the insurance carrier has
<br />Offered to settle a claim. then Lender may collect tne insurance proceeds Lender rn.ayusetheproceedstorepa ,rorrestore
<br />the Property or to pay sums secured by this Security Instrument who'iner or not then due The 3G -day period will begin
<br />when the notice is given
<br />' Unless Lenderand Borrower otherwseagree inwri tiny^, any application of proceeds to principal shallnotexterrdor
<br />postponetReduedateoftRemonthly paymentsreteire' dtoinparagraphsIand2orchangetheamour ,tofthepayments If
<br />under paragraph tgtheFroperty isacquired by Lender. earro tier s right to any ins::r ancepoliciesand proceeds resulting
<br />fromdamagetotheProper typriortotheacqu+ sitionshall passtoLendertoMeerte -itofMesumssecwedbytnissecunty
<br />fnstrument tmmedtatety prior to the acquisition
<br />6. Preservation and Maintenance of Property; Leasehotds. 'Borrower shaft nc, destroy. or darn age or substan-
<br />tialtychange the Property. allowtriePropertytodeten7ra teorcorrim,rwaste tft`?isSecun•r[n; to -ament sonaleasFhold.
<br />Borrower shall complyw ,inthepro•risionsoFthelease. audit Borrorieracqu !resfeeVtietotheRoperty Ineieasehc:ctand
<br />stile 5#a4 rret r`rrei4t7 rJ rh-:vi Lerrier durees'ta trrc m¢rcer rrrVMtrnQ
<br />T. Protection
<br />of Lender's Rightsin the Property; etortgagetnsurarice. ItGorrar ,erfa:,stoperfJr}r, the co'lenaws
<br />and agreements contained in this Security tnstrurnent or there isal2 -21 pr cc_edtoyt ^at ma< Si3 ', '.c ant,yaff ectLenders
<br />rights in the Property( s::: t' Tasaproceedinginbankruptcy.prob te.to,cord •rn: ate? ^G 'tje'iforcelaass orrequia,ion;i
<br />tnen•Lender tray d'oand pay for whratever is necessary rc protect tie �al::e o` tie arop�rti any Len,ya• s r'3nrs i- the
<br />Property Lenders actions ^lay irciude pajir,g an; s::r:- secj•ed bk a I'er. r,r „ -r nay pr,o',:ot o +t:�r tn;s Sec iw,
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<br />tn,tru. ert a RR eanngi- :cojrt. p&png reasonati:e wtorne t, fees anc A'; .srt f r7 r* p�'s
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<br />Lender may take act,on. tinder this paragraph 7. L ender does - )t -a.= d� s -,�
<br />firs' iarriou nt sdisb- irsedbyt Len der u-detthigiJaragrap ?37 Ht' C 'T =:'1'7
<br />S'`curitylhstr._. men'. un !ass Dorra- serzindLe ride, agre-f'Jo:nert rrc Ea�;re nc; a— -
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<br />tn? date Qf d 3�Ur ia"u t a, rile Nc to ra'e and a`'a-i blF,
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