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<br />UNIFORM 0OVWANT!1 Borrower and Lender covenant anti argtpe u follows:
<br />1. Pa =t■aat of hineiMl aM IMer� Rims• tart? LMp lCittr�r, Borrower shall p�ptly pay when due
<br />the principal of and interest an the debt evideaacad by the Noteand any pn�sjiripnt and late charges due under the Note.
<br />L Feeilla for Taataa and Iawte+asea. Subject to applicable lttw s cup s *A'Acrt waiver by Lender, Borrower shall pay
<br />f' to Leader on the day monthly paytttemsts are due: under tha Mott , urifiP'titt iit�is paid in full, a sum ( "Funds ") equal to
<br />oae4weitth of: (en) yearly taxes and asanKnei is whin blMaj?'a'ttsib priority over this Security Instrument; (b) yearly
<br />leasehold payments or ground rats on the Property, if any, (c) yearly hazard insurance premiums: and (d) yearly
<br />rtaortow iawnutarr pnemiumo, ifsay. Theses items are extl+titi "escrow items." Lender may estimate the Funds due on the
<br />book of swtrat t data wW rertsaaubk atwttates of futu to escmbw items.
<br />Fswda aigrll be held in an institution the deposits or accoMits ofwhkh areinsured of guaranteed by a federal or.
<br />start! it cy (iocluding Leader if Lender is such an iuetittitiion). , Lender shall apply the Funds to pay the escrow items.
<br />Leif ilif"J" try nat:eharge for holding sid applying the Futi4- attalyging the account or verifying the escrow itetns. unk"
<br />;, •,Ife eta" interest an the Funds; and spplltab* Hew-permits I .atdRr to matte such a charge. Borrower and
<br />Letidcrr titky::a W outing than interest shall be paid on the Funds. Unless an agreement is made o t apocable law
<br />paid, Lender. shall not be v 'jut* d to pay Borrower any interest or earnings on di #'+ors. Lender
<br />s(tatf:8ie.8o . witbaitt eb an:anaital t: bun of the Funds s
<br />iitBe. ttng howingcreditsarsiidek�itst6flit ndsandthe
<br />ptirpoiikfdrss hkfi iwh deltic to1hei Fuudtiwiae tirade. The Funds are pledged as additional secearity i'oa .tb Ms secured by
<br />thin &temerity Instrument.
<br />the amount of the Funds held ilj(Le#dw a then with the future monthly paymenu z F 'pip able prior to
<br />tlsq ei[i t i> Pates of the escrow nitres shall eac;.4 rite *mmnt required to pay the escrow items when due, th- vPAaL'3s shall be,
<br />at A **errs option, either prassptly repW to Bow or credited to Borrower on monthly payments of Funds. If the
<br />arrtoom�t of the Fttls bdd�by Lander is not dent bee trey the escrow items when due, Borrower e�lnali pay to Lendet'.ao3,
<br />ssanount neosaset2?: i oaten up the delkinky r�a�ete or more payments u requifed by Lender.
<br />Upon pa)Stiscrtt in fall or all sums eok;d' .by thiy Security Instrument, Lender shall promptly refund to Borrower
<br />any .F ads bell by P.eader.. Un.04a pnrsirapb 14 the .1?t"..rty is sold or acquired i+y Lender, Lender shall apply, no later
<br />than �aiinediate ly prior to the siale of the Property or *acquisition by Lender, 2` Funds held by Lender at the time of
<br />apphisfion as a credit against the surf* secured by thi&%6curity Instrument.
<br />�. AppNeitiaas esf ftymeoW *Am-applioabk law provides otherwise. all payments received by Lender under
<br />psaagt* s 1. and 2 shall be a it�rta. f0tax-charpaadbte under the dote; second, to prepayment charges due under the
<br />Nowt tltliA to sinounts ��cler grin h 2; k%WL to interest due; and last, to principal due.
<br />Llrtgw theta. ` Bwriower sW! ay ell t � : assnsmunts, charges. fines and impositions attributable to the
<br />Property: whkb may attain priority over +3idv; SftWTj instrument, and leasehold payments or ground rents, if any.
<br />Borrower d afiLpef tsefe obligations in the serener provided in paragraph 2. or if not paid im- tfhst manner, Borrower shadl;s
<br />pay them on time directly to the person owed payment. Borrower slag promptly furnish to Leloder all notices of amounts
<br />to be paid under this paragraph. If Borrower makes these payments directly, Be rower shai5 promptly furnish to Lender
<br />receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Inst,ut» ent unless Borrower: (a)
<br />agrees in writing to the payment of the obligigkm secured by the lien in a manner acceptable tr_l Fwander; (b) contests in good
<br />faith the lien by, or defends against enforceimm: of the lien in, legal proceedings which in the~ L mdees opinion operate to
<br />prevent the Cubcremeat of the lien or foefdtare of any ,pan of the Property; or (c) swures tram the holder of the lien an
<br />agreement satisfactory to Lender subonlinatdnj the Ilea: taw Ibis Security Instrument. If Lender determines that any part of
<br />the Property is subject to a lien which may fit"atin pri'UC9*' over this Security Instrument Lender may give Borrower a
<br />notice identifying the lien. Borrower shall W p the lien a take one or more of the actions sets forth above within 10 days
<br />of the giving of nofk:*e.
<br />S. Haetarel Utiaraaee. Borrower shall keep the improvenw',,y s now exiss.�ny ve hereafter erected fwi the Property
<br />insured against low by Are. hazards included within the term "extended coverage "';udo'by other hazards fox ,which Lender
<br />respires insurance. This insurance shall be maintained in the amounts and for. she perkrds that Lender requires. The
<br />inMsranre carrier providing the insurance shalt be chosen by Borrower subject to Lender's aWoval which shall not be
<br />wtressoteably withheld.
<br />All insurance policies aix9 renewa$i,sitail be acceptable to P.ender and shall include a -; andard mortgage clause.
<br />Lander shall have the right to hold the pgW1,cs and renewals, if [ender requires. Borrower shalt promptVi give-to Lender
<br />all receipts of paid premiums and renewal +ya ces. In the event of loss. Borrower shall give prompt notice rim, the insurance
<br />carrier and Lender. Lender m4 make pr(W of loss if not made promptly by Borrower.
<br />Unless Lender and Bormwet otlert m agree in writing, insurance proceeds shall be appbed r.::, rest, ration or raprdr
<br />of the Property donaged, if the restorattoaor repair is economically feasible and Lender's seeu: rt-s is ry . Jimsened. If the
<br />restoration or reptur is not eci%wmic!ally xasible or Leader's security would he lemned, the insuraue shall be
<br />spplised to the sums secured N y this Security Instrument, whether or not then dtae. %pith any excess paid l o-13;orrower. If
<br />Borrower abandons the Property. or does ant answer within 30 days a notice from Lender that the insurance carrier has
<br />O&M to settle a claim, then Leader tttay collect the insurance proceeds. Lender may use the pr -k,.% ds to repair or restore
<br />the Property or to pay runts secured by this Security Inst:umcnt. whether or not then due. The 30-day pc ^od will begin
<br />when the notice is given.
<br />Unk-se Leader ader and Borrower otherwise agree in writing, any application of prmeeds to principal shall not extend or
<br />postpone the due date of the monthly payments refereed to in paragraphs 1 and 2 or change the amount of the payments. If
<br />Wirer paragraph 19 the Propert~yr is acquired by Lender. Borrower's right to any insurance policies and proceeds resulting
<br />from damage to the Property prior to the acquisition shall pass to Lender to the extent of the sums secured by this Secury y
<br />Instrument immediately prior to the acquisition.
<br />i 1'rrMtnatioa aai lvlaisslanntt esf Pra/asty; Ysaaetsaiia. Borrower shall not destroy. damage or substantially
<br />change the Property. allow the Ptoperty to deteriorate or commit waste. if this Security Instrument is on a leasehold.
<br />Borrower shall comply with the provisions of the lease, and if Borrower acquires fee title to the Property. the leasehold and
<br />fee title shall not merge uctlew t nder agrees to the merger in writing.
<br />7. Prral/edes of Let's ah" in the pftpwty: MffgW Iastsranee. If Borrower faits to perform the
<br />cnveaassta nerd air.Yw..wr -sro-nr.: is •hisse urity lrss:rvinc .t, Of there i3 A ife0l Pfikeevueg that may significantly affect
<br />[.ender'% tights in the Property (such as a proceeding in bankruptcy. probate, for condemnation or to enforce laws or
<br />regulations), then Lauer may do and pay far whatever is necessary to protect the value of the Property and Lender'~ rights
<br />in the Pruperty. iJerrdar's Actions may include paying any sums secured by a hrn which has pnomy over slits sccurrty
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<br />instnent, appeatrng in court, paying reasonable attorneys' fees and entetrrtg on the Property to make repawe Although
<br />Ltndet may take sc tnon under this paragraph 7. Erecter does not have to die see
<br />Any amswntstInbursed by Lender under this paragraph 7 shall become addstuttral debt of thirrowcr %ccored tsv thtc
<br />Secunty Instrument Unless ftwouer and Lends agree tee other terms of r3yment. thm amounts Shall bear sntereit frow
<br />the date tAdMutxtteent at the Note rate and shalt be paVabte. with enterco. upon rtt+tscc: from I.t 1dVI t,• rt,.rr,Iucr
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