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yy 4 r L 1 UNtIVIt" CbMANTS. Borrower and Lender covetsant SM agree as follows: 89--104351 >1`l1slNt a<liriaeylsi anad Ialantat; Pfre/sysast and i�te C9amp. Borrower shall PPt1Y PaY when e the prin*ipal eritul interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. 1 Fads fir T'axaa aM lu raim Subject to applicable law or to a written waiver by Lender. Borrower shall pay ta<l.0der on the day monthly payments arc due under the Note, until the Note is paid in full. a sum ( "Funds") equal to attebtt�►i� of (a) yewly taxes and assessments which may attain priority carer this Security instrument; (b) yearly fietisef I, nisjrrttants or pound rents on the Property. d any; (c) yeady bazmd itautrawe premiums; and (d) yearly ae0ttpgr itKttttittCe pr+dnitsa m if any. These items are called "escrow items." Leader may estimate the Funds due on the . hypit►syfcatrent dsl:std reasonable esdioates of future escrow item. IUt Funds shag be held is ss ietttitution the deposits or accounts of which are insured or guaranteed by a federal or anal:agency Wading Leader if Ixtider is such an is sutvd=). Lender shall apply the Ftmds to pay the escrow items. LitAdesr way not charge for holdliag and applying the Foods. aodynq the account or verifying the escrow items, unless Leader pays Borrower mtennt on the Funds and applicable kw permiu Leader to make such a charge Borrower and LmsdW away agree in wetly that interest shall be paid on Ike Funds. Unless an agreement is nude or applicable kw ;t>tptlit�ed3lttetitst to be paid, leader shall not be required to pay Borrower any interest or earnings on the Funds. Lender iisWl dliIsori ewer, without charge, an annual scam ing of the Fundsshowing credits and debits to the Funds and the par 7wre for wbloh each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by thisSet�rrity 1'tattttmmretnt. If the ansasmnt of the Funds held tsy. Lender, together with the future monthly payments of Funds payable prior to the doe dates of the escrow itms6 sea lkeim d the amount required to pay the ear row items when due, the excess shall be, at Borr+owrees option. either paaoptiy repaid to Borrower or credited to Borrower on monthly payments of Funds. If the ansownt ofthe Fads held by Lender is amsutacient to pay the escrow items wigsue, Borrower shall pay to Lender any ansowntnecessary to make up the dediciency in one or more payments as required by Lender. Upon payment in full of all sums secured by this Security lestrpmerit. Lender shall promptly refund to Borrower any Funds held by Leader. If under paragraph 19 the Property is sold or acquired by Lender. Lender shO apply. no later L%6 immediately prior to the sale of the Property or its acquisition by Lender. any Funds held by Le>sdei at the time of appiiatioes as a credit against the sums secured by this Security Instrument. 3 Appiiead n of L'aymaaem. Vuless applicable law provides otherwise, all payments seceded by Lender under parapaphs 1 and 2 slail be applied: tints to late charges due under the Notr, second, to pretoagmxant chit jet due under the Flirt, to amt mats payabie..rrmdar paragraph 2. fourth. to interest due: and last. to priacilW due. A Charim l3aau. Ilarm+irer siaell pay all tun. aases:ments. charges. Roes and impositions attributable to the l pate y which- may attain p6arity,owr. this Security Instrument, and lessehoW Syr icnts or ground renm if any. Borti�wer siatGi:tltae abliptions in tlatmanner provided in paragraph 2, or if crest:l� iii; tat trsaaner. Borrtnwa shall pay them cuss tie nerdy to the persoa owed payment. Borrower dhallpromptly furnish co£&Wa all notices ofamounts to be P* Older this pantgrapk. If Barown mattes these pyeneata directly, Borrower sh63' ;.romptly famish to Lender rixieiig6evidencing the payments. Borrower shall promptly discharge any lien which has priority over this Security Instru --.=u taviim Borrower: (a) sgtees in writing t4tbe paymaitef the obligation secured by the Bent tin a manner aoeepWAc to•La der, (b) contests in good faith the lien by, car diskads against catkin easent of the lien in. kpl proceetliop which in the Lender's opinion operate to prevent the enforsemust of the Iran ow forkiture of any part of the Phoperty. or (c) swures from the holder of the lien an agoematt satisfactory to Lawtr;wbcinha ittg the lien to" Security Itstrurtsent. Mender determine that any part of the Property is subject to a lift which may, attain priority over this Security Instrument. Lender may give Borrower a notice identifying Oc lien. Borrower shat? Lai js' - the lien or take one or more of the actions set forth above within 10 days of the giving ofaKAIm S. Llazaitl.lANwaaee. Borrower shall keep the improvements now existing or hereafter erected on the Property iruurd against bow t%y fire, hazards included within the corm "extended coverage" and any other hoards for which Lender requires insurance. This insurance shall be mamaitmii in the amounts and for the periods that Lender requires. The insurermv carrier }Y mding the insurance shall be chosen by Borrower subject to Lender's approval which shall rani be unreasonably w :itnld. All insurr'M*M Pe=,—_' aj renewals shall be sa..Y�sabk to :.der and shall include a s.a. ^.3srd macrtgage cLa:r.. Leader shall have the not to hAd the policies and renewals. If Lender requicts4 Borrower shall proaspcly give to Lender ap receipts of paid ptcaaiuutrtt; 214 renewal notices. In the event of loss. Born m4ril all give prompt notice to the insurance carrier and Lender L awls maY nuke prang(of loss if not made promptly by Borrower. Unless LaWttrwd 13iarrower othetvviie agree in venting. insurance proceeds shall be ap{ihM to restoration or repair of the Property darer A" if the restoration or repair is economically feasible and Lender's security is not lessened. If the restoration or repair is net rt:.osmomically feasible or Lender's security would be lessened. the insurance proceeds shall be appliiscf to the wins secured by this Security Instrument, whether or not then due, with any excess paid to Borrower. if lsorro+Mer absnik= the Property. or don not answer within 30days a notice from Lender that the insurance carrier has no -0 Cosmic- a ;claim. then Lender nay collect the insurance prs mxb. Lender may use the proceeds to repair or nxiors the Property or to pay wins secured by this Security instrument, whether or not then due. The 304ay period will begin whin the notice is given. Unlw lender and Bormwer otberwise agree in writing, any application of proceeds to principal shall not extend or ptatpawethe doe date of the monthly payments referred toin puagraphs i and Z or change The amount of the payments. If mda paragraph 19 the ltaperty is acquired by Leader, 9otroM►er'9 tight to any insurance policies and proceeds resulting f vm dense to the Property prior to the acquisition sDal1 pass to Lender to the extent of the suns secured by this Security instrument immediately prior to the acquisition. 0 Plwserratisa sad MalaNeasaCe stiPta/ergf; Lsaraho:Is. Borrower shall not destroy. damage or substantially thange the Property. allow the Property to deteriorate or commit waste. If this Security Instrument is on a leasehold. Borrower shall comply with the provisions of the kale. and if Borrower acquires fee title to the Property. the leasehold and fire title shall not merge unless Lender agrees to the merger in writing. 7. >hosetla of Landsr's KWO its date Proprty; %Iw%W iawraace. If Borrower (sib to perform the coveaw is and agmements contained as this Security tastrummt. es there n s leis! Pr bt!g th.t may sign4rn*ty a _r_t Leader's rights in the Property (weh as a proceeding in bankruptcy. probate. for condemnation or to enforce laws or rsgrlelmo). then Lender away des and pay for whatever is nectsaary to protect the value of the Property and Lender's rights is the Property. Lender $ actions may include paying any sums secured by a lien which hn priority over this Security imur atseat. appon" in court, paying reasonable attorneys' fees and entering on the Property to make repairs. Although Lender tray take action under this paragraph 7. Lender does not have to do so Any amounts disbursed by Lender under this paragraph 7 shall become additional debt of Borrower secured by this Seconty lastrument Unkss Hofftmer and Lender agree to other terms of payment. these amounts shalt bear interest from the date of desbursement at the ?Vote rate and shall be payahle; with interem, upon notice from lender to EkIrrower rsi1ucat tng,psynnent