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F <br />UNIFORM COVSNANU Rcxnowrr and Lender Newsman% and agree a% follow% 90---105245 <br />1. l"MO of Pe1■eyY iTeW Lndaresq hWytl" OW Late • UMIdn er %hall pnMrnpily pay when due <br />the prWoW of and interest on the debt evidenced by 1 he Notre and any propayrnent and late %harKts due under the Note <br />3, !toads br Tssiep trio litsweeell, Sub *t to applicable law of to a written wan%er by leader, bit timer shall pay <br />to Larder on the day monthly payments era due under the Note, until the Note to pail In lull, a sum f"1'uimW) equal tn1 <br />owtw M of: (a} yearly tatdis and aamessments which may attain pthprsty limn this ldaurny I11►1rMtrtent, (b) yttuly <br />hodwld payreantr or gtvoad ronits on the Property, if any; fcl yearly haeard inatance premium, atW (dl yearly <br />morioge iaaurauoe premiats. if any. Tbtleti -I jam are called "aacraw Ilms " Lender tray eauoate the i'ma k dui us tM <br />bobafcurrsent data and remonabl t estimates eiffuture escrow imms, <br />The Funds dM be bald in an institution the deposits or samnis of whKh aft insured %ir guaranteed by a federal Car <br />am* ages%) (Including Lander if Lender fa such an instllutionl. !.ender shall apply the Funds to pay tone %saes% teem% <br />Leader easy act %hero% for roldinp and applying the Funds, anatyring the ayuuest or verifying else escrow stoma, aisles% <br />Leader pays Rormowsr Islam on the Funds and applicable law permits Lender to nuke t,uch a .harp B►tistmet and <br />Undolr my ague in writing that interest shall be paid on the Nundit, Unless an agreement n made Ica applicable law <br />regents iasantsl to be paid, finder shall not be required to pay Borrower any ineetest tw oerning% to" the FUMU Larder <br />shell $We to oosrost ai. withow charge. an mutual esomonting ofibe Funds rshiowitig credit% and dA41% its Ike Midis aa@ the <br />pwpoaa /nor which each debit to the Fusida can made The Funds arc pledged as additumol summy for the wins secured by <br />dais LSawky leatrumse t. <br />if the amount of the Funds heM by Lender, together with the future movithly paymeno% ttf 1 *ustds payable ptkx to <br />else due data of the,aacrow items. AM exceed The amount required tit pay the erwraiw items w hen due, the euvu shall be, <br />at Bou w Ws option, either promptly repaid to Borrower or credited to llttrrower owl nionchly payrtaenit tit Funds If the <br />amount ofthe Funds held by Lander a not suglcieot to pay the awrow item% when due, &wiower shall pay to Leander any <br />amouam necessary to (hake up the dellcsency in one or mow payments as required by 1 alder <br />Upon payment in till dell sums secured by this Security Iii%Iruirient, Lender ►111111 pt.M►ipily refund lei Btxulrvtr <br />say Fused% bald by Lander. If under paragraph la the Properly is PA44 ve enquired by Lender. I ender %hall apply, no Lester <br />!Linn insaaediately prior to the dale of the Proptnty mor im► wgwWmv % to.v Leader. any Funds heW 61 Wider of Ilwr tune of <br />appiiostiois m a credit againu the suns secured by totes Sas:unts lmuutntrt <br />3. APPIleaden d L%ayiewsb. Unless applicable laws pa vrtdin .liherw►rve. all payment% iete1%ed 4 !sender under <br />p�tagropus 1 and 2 shall be applied: iru. to late charges due under the route, monwo . tit prepayment charges due tender else <br />Note; d&d. to amount► payable under paragraph 2. fourth, ti* interm due, aunt Law. to pesoc ipal due <br />4. ChrgRasi Umi . Borrower %hall pay all taxes!, eawwanestis. %barges, fines sad itttyo.xttwns attnbutelAr to ohs <br />Preporty which may attain priority over this Security Warusamt. and Ieawltiold pa)Avient% %Ir grnured stale, of any <br />Borrower shall pay thus, obligations in the manner prtwmkd trt paragraph 2, ►ir it not paid tit obat manner, Bormaw shall <br />pay tires as erase directly to the person tisva+d payment Boirt-i,er shall pntmptly furnish (t. I r •.net 1111 iitMKe%.If aiMluflTs <br />to be paid under ibis paryroso. If Borrower stakes these payments directly, Norrowet shish oratompiiy furntth to Le%ider <br />noaipea evidencing the payments. <br />Borrower SW promptly decharp any lien whk h has priority %net Flu% Smunip Io►tloumrni unles• Harrower (a) <br />apes in wiri ft IO the payment of the obliption secured by the lien to a marsner "vpubtr to lxWer. i hl. ,mirut to pica d <br />faith the Nan by, or dafands easiest eaforcri nest of the Irm u%. legal prtk: drip wharh ut the Landee's sn"n •ot aprr.1101 t,+ <br />prevm the enfol on e d the hen or forfeiture d any pan .if the Nraprrta. or ice sea Fes froom the 4,14eo ,.t the Ilan an <br />agreement sstwWory to Leader subordunati ag The Neil to this Saauruy lnstrunwo If I. miler determines that any part -if <br />the Property W subjad to a Bert wbkb may attain pnartty over this tictiunty Inu uawnr. I&tider nisi Site Burraar•t a <br />20*0 idanil'ying the lien. BorN~ "U satisfy the ben or take one or more of the a►;tkomo we forth such within IU do) % <br />same giving of notice. <br />L Hattrtl Borrower shall keep the improvements now existing or hereafter erected tea the Property <br />inumWatSsinat lose by ire. batsn k included within the term "extended viwerage" and any .tihea hriards far whkh Lender <br />requires iuwrance. This insurtrrwe abaU be maintained to the asn/unts and for the perwids that Lender ioquires The <br />iaserarioe carrier Providing the iswrauoe shall be chosen by Owrower sub) t to L.ewfer's approval wbk;h ►hell ate be <br />weaaM lily witbbeld. <br />All i esuream policies and nmewab shall tie aoxvpuMc to Lender and %hall tiscluide a standard nk%ngage %louse <br />Wider shall have the right to hold the pohaes and renowal% If Lender reywres. p.xr w rt sh+%1it ptrs►enptl> gi%e to l Braden <br />A seoeiptadpaid premiums acid renewal notices In the event of L•nr►. B►Mrtutf shall give piotnpr name art the msutantx <br />eareim and l Lender may make proof of Was if not made prampily %.y N..trowet <br />Unku Lender and Borrowcr shams% agree in wattling. insurance tmvjkeeh shame he appkw m reta.arimomi or repair <br />of the Property damaged. if the restoration or repair is ec.irt►nnr<alih kas/Nle and L tn%%tef s iow aniy tic asM lessened If the <br />motion or repair is not eoononskWly feWble ,or d.endet's wuniy %amid be k%wr,ad. see tawrewY prv.ad)s %hall be <br />niGOW to the suns secured by this Security irnitvetent, whether ar nits thm due. iamb awy etwrss paid to Ihltiower If <br />LiorTbwer attention the Ptupeny, or does riot an►wer within 10 days a nvike fetich I esnder than tk insurance Cartier has <br />tie vide a claim, then !.cinder may collen-t 1 he insurance pro.eWi, Lender Wray use rke pavueads to repiur Car remote <br />A Iliorclimy <br />netio to pay seems secured by the Security Instrument, whether or nm vOww Aw Tire %Way penad will balm <br />UWMLandeerand Borrower otherwise agree in wnting, any 8pp1t.111kM1411 prude b s.► prllklpal►hall"e%tttkdtot <br />p4.0porie Ow due dale of the monthly payments referred to in paragraphs I and 2 Car . hange the amount too the pa. nmrno% IC <br />Imdet parttl,wple 19 the Pnopehy is acquired by loader. Swr.wer's right to any in %utatice rol•lsvie► and peoweedt tesuhing <br />beeps itaati.ayr io the Property prior To the acquia rum shall pass to Lender to the talent tit the cam% swurwl by this keaursiy <br />Ka in aiiwl immediately prior tothe acquisition <br />L P twanathis and h1alntaaaattatProp ". Lsmolselb. Ihxr.wer %hall n.M,hslr. ►).,image tK vutistatnlally <br />a tuledce t)%e Property, allows the Property to tdewmstate or etmlmit %sue It thtt Sssurrst, Irt►truntent 1% oM1 a kaseMtW. <br />8eeritlwrr 4hall comply with the provsskm elf the lease, and if Weruwer a.qulres fir title to the Piupnty, the kawhold anal <br />!imt; litlettiautJ�ittlot ineroe unkss Lender agrees to the merger in r nitnS <br />'Prale:tlan of Lantler's RION In the Prager); Martgege Laaiirme. If Witr.wN Path to prif tt"I the <br />crrrxotiestfi and agraerrsaaCa oontatted m this Steamy Instrument, or there it a legal pnt%ctrding i hat cnay wolevsAcantly anti <br />Atydglire r*W in The Property (swh as a proceeding to tiankruptc). Iw►►llate. low ..tridern"atkin o%r to entoite taw% or <br />A+ 1at�. then Lender may doand pay for whatever is neceasary its protects the takue.�t the Prt jwny and L sndsr'% rights <br />ibs dna r._porty. Leader's actions may include paying any sums so turn! M a Iles whah ha► ptKwtik u►ri ihi% tie.urtiy <br />V.,m tlrtaeni, appearing in goitre, paying reassinmbk a11omey%' nee% anJ entering -tithe Pi gwiii to make ►epalt% Allh+,ugtt <br />1.sea 0may take action under this paragraph 7. L ender d%ws not We to ti., <br />• tw►ryatnountadishursed try Lttider under iha paragraph � %hall Mt.•►tee addila•t►al dens .d Ikaro.wer %RUrevf by ihly <br />SemOy Irrmument Unless Bonmw•er and t ender agree to osOwf terns% 1.1 tv%1new tl►e%a wn►o.uni% %loll ht&t 1111ete%1 It.•tr► <br />Abe ,elate 4 alabuntmeni at the Note rate and %hall M rv%able. with ►nirrtioi up►.n autt►r trim 1 ender 6' 1101t411net <br />"Wohns paytne I <br />:►,',:;,;. <br />"I <br />E VA <br />I <br />