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_t . 17 R r�� 103056 UNIFORM COVENANTs Borrower and Lender coven, 1. Payment of principal and Interest; Prepayment ai npily pay when duc the principal of and interest on the debt evidenced by the Note c under the Note llormwer shall pay 2. Funds for Taxes and Insurance. Subject to applica [� to Lender on the day monthly payments are due under the N , ("fund: ') equal to 1 one - twelfth of: (a) yearly taxes and assessments which mal trun►ent, (h) y'eady leasehold payments or ground rents on the Property, if an ims; and (d) yearly Funds due on the mortgage insurarin.. ptemiums, if any. These items are called' to basis of current data and teasonable estimates of future escrow The Funds shalt.tipl eard in an institution the deposits of nteed by a federal or state'agency (including Lestdtt,if Lender is such an institutic iy the escrow items. !scrow items, unlesv LOA -may ncK.charge for lidOttg ond.applying the Funds, Lemkr pays Bc�ra'ower interest on the fiw4k& and applicable arge. Borrower and Lender may agri* in writing that intese: kball be. paid on t le or applicable law the Funds. Lender ,requites interest to be paid. Larder shall �,O,he se? #fired to p t o the Funds and the slaarll give to Borrower, witbimt charge. an anhu4 a=unting t pity rfor !clutch each debikv* the Funds via$ laic. The Fun the sums secured by this Securit Irt ssziment. if the *wount of the Funds held K E. ider, together v nds payable prior to the doe dates 0 Rhe escrow itgns, shall �v Ved oxe amount rec at Borrowers option, eithea (wnriptly reraid to Berra uer or . the excess shall be, *nts of Funds. If the atamt iint of the,Funds held by Lender is not sv sFiciettt.ta pay th Il pay to Lender any amount necessary,to make up the deficien�p in ont or inore pa! Upon•=pmttent in full of all sums secured �y this Secu refund to Borrower ' any Funds, held by Lender. If under paragraph 19 the Propert shall apply, no later at the time of than immediately prior to the sale of the Property or its acqu ,ender aM. kation as a credit against the sums secured by this Securit; 3. AVOcistiba of Psyments. Unless applicable law ed by Lender under paragraphs 1.40 2 shall be applied: first,,t¢e late charges due u targes due under the Nate; third, tommounts payable under pa�raph 2; fourth. to ' attributable to the 4. ,,Charges; Liens. Borrower shall pay all taxes, as, Prgxrty which may attain priority. over this Security Inst is round rents, if any. Borrower shall pay these obligations in the manner grov6ded i nner. Borrower shall pay them on tie a directly to the person owed payment. Borrc Il notices of amounts ly furnish to Lender to be paid under, this paragraph. If Borrower makes these pa; receipts evidencing the payments. Borrower shall vromptly discharge any_lien_ which ha! unless Borrower. (a) agrees in writing to the payment of the obligation secured by tl : (b) contests in 13 faith the lien by, or defends against enforcement of the lien in 's opinion operate to prevent the enforcement of the lien or forfeiture of any part c holder of the lien an agreement satisfactory to Lender subordinating the lien to thi iines that any part of the Property is subject to. a lien which may attain priority a ray give Borrower a notice identifying the lien. Borrower shall satisfy the lieu or t, tbove within 18 days of the giving afnotice. S. Haxwd Insurance. Borrower shall keep the imps cted on the Property insured against loss by fire, hazards included within the term " rds for which Lender re�rii'.tes insurance. This insurance shall be maintained in t' ender requires. The insu ranee carrier providing the insurance shall be c�ran by I which shall not be unreasonably Wi dthheld. All iitsttrance policies and renewals shall be acceptab trd mortgage clause. Lender shall hkve the right to hold the.policies and renewals. nptly give to Lender all receipts of paid premiumsand renewal notices. Iii the ever itice to the insurance carrier and Lender. Lendcr,tiny make proof of loss if act made Unless Lender and Borrower otherwise agree in writin restoration or repair of the Property damaged, if the restora3ion or repair is econc s not lessened. If the restoration or repair is not econornica4ly, feasible or Lender's ice proceeds shall be applied to the sums secured by this Security Instrunrgnt, wh paid to Borrower. If Mirroawer abandons the Property. or does not answer within insurance carrier has b6med to settle a claim. th= Lender may collect the insuranc is to repair or restore the Property or to pay sums secured ,bythis Security Instrun lay period will begin when the nativ:e.ts given. Unless Lender and Borrower otherwise agree,in, w ritin al shall not extend or postpone the due date of the monthly payments referred to in it of the payments. If under paragraph 19 the Property is acquired by Lender. Bon td proceeds resulting from damage to the Property prior to the"acquisition shall pat lured by this Security Instrument immediately prior to the acquisition. 6. Preservation and Maintenance of Property: Lease nage or substantially change the Property, allow the Property to detefrwrate or c at is on a leaschold. Borrower shall comply with the provisions of the terse, and if •ty, the leasehold and fee title S411-not merge unless Lender agrees to the merger in, 7. #i4ection of Lender's R4*ts in the Property: fails to perform the covenants and agreements contained ire this SecuritAy Irtstrum ay significantly affect Lender's rights in the Prgperty (such as a prociVding.in ba )r to enforce laws or regulations). then Lender may do and pay for whatrver is neo y and Ixnder's rights in the Property. Lendei s action` may include paying any s instrument. appearing in court. paying reasonable attorneys' ty over this Security ike repair%. Although Lender may take action under this paragraph 7. Lender does t Any amounts disbursed by Lender under this paragral nw-cr secured by the. Security Instrument. t finless Borrower and Lender agree to n', all hear interest ftvun the date of d►shumcnirm at the 'Vote rate and shall he pa f ender to 14-t1 +kLr m4tieshng payment 17 R r��