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<br />UNIPORM COVENANTS. BoltoverattdL endeicovensattandagreeasfollows:
<br />fig-- .14599
<br />1. ftytteest of prbWpd nand Ltneg8st prgWW eat nand late Charges. Borrower shall promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2. Ftnuda for Tun sad l<awraeee. Subject tv applicabdelaw or to a written waiver by Lender, Borrower shall pay
<br />I,ettder on the day monthly payments are due under t'he Note, until the Note is paid in full, a sum ( "Funds") equal to
<br />to
<br />-one-twelfth of (a) yearly taxes and asseuraenss Which imay allele priority over this Security Instrument; (b) yearly
<br />kaaebold pigments or ground. rents on the Pattipa'ty, if any; (c) yearly hazard insurance premiums; and (d) yearly
<br />W"tgsge insura,tice premiums, if any. 'These items at* called "escrow items.- Lender may estimate the Funds due on the
<br />basis ofeurront data and removable estimates of futttnreserow items-
<br />The Funds sMH.be held in in institution the ftosits or accounts of which are insured or guaranteed by a federal or
<br />state agemy (including Lender if Lender is shear 'an institution). Lender shall apply the Funds to pay the escrow. items,
<br />tat :ea may not ebArge for hol lire and appl}ri� the Fluids, analyzing the account or verifying the escrow items; ttinless
<br />)Leader pays Borrower interest do the Fun, arid applicable law permits Lender to matte such a charge: Burro dr WX
<br />[,ender may agree in writing that intermit. shall i lie, paid on the Funds. Urtl�s an agreement is made or applicable law
<br />rtyuira interest to be tftiid, Lender shunt not bt .r d to pay Borrower httertst or earnings on the Funds. Lender
<br />sun give to Burspwer, witttbut ehb . I.= ads►ual s6jh -v ttangof the Funds dw.wmg credits and debits to the Funds and the
<br />pttrpoae forsjriijCilea�tr.d� tct the ' ss friade. The Fun&. , *w pledpd as additionO sdcurity for the sums secured by
<br />thistSecuritisitumettt: ' payable -to
<br />if the tlmount ofUte.Funds held by Lender,.' ,0her with the future monthly payrucstts of Fu dsr pay s
<br />:. tart: dtae dates, of the escrow items, shall exceed the,arnunt r+i q"q.,d to pay the escrow iteras when ct , tit excess s .fie,
<br />At bOrrcriver`t+ option. tither promptly repaid to Borrower or. Vested to Borrower on Mcr bay payt �s of Fuit :`tf the
<br />Intiiount of the Funds held by 1L�endesrjs amt sufficient to pay ¢l* mow items when due, eb robwer shall pay to Lehr any
<br />tiatoount necessary to make up the deficy in one os mare payitts as required by Lendti.
<br />Upon pa<yment.in fill[ of all sulrns secured by this Security Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Lendi r. If under paragraph 19 4f� Property is sold or acquired by Lender, Lender shall apply, no later
<br />than immediately prior to the sale of the Propeatt toe its acquisition by Lender, any Funds held by Lender at the time of
<br />application as a credit against the sums secured by i;, n Security instrument.
<br />3. Applicadois at Peysseatrt. Unless applicable law pwa fides otherwise, all payments received by Lender under
<br />paragraphs 1 and 2 shalt be applied: fast, to late cJN�;ges due ut, &the Nc#= second, to prepayment charges due under the
<br />Nate; third. to amounts payable under paragraph 2.; f(mrth, to i. ^; :psi due .. aqd last, to principal due. .
<br />4. Charges; Liens, porrower shall pay art,rages, assessments. charges, fines and imWt�y.ice attributable to the
<br />Property which may attain priur£ti�- w`•er this Security Instrs=,:nt, and leasehold 0' around rents, if any.
<br />Borrower shall pay these obligations in the manner provided in paragraph 2. or if not pail �:Clt i ,,..anner, Borrower shall
<br />pay them on time directly to the person owed payment. Borrower shall promptly furnish to Lend-z.- 41 notices of amounts
<br />to be paid under this paragraph. If Borrower makes these payments directly, Borrower shall pro~:I+ti,W 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 lien in a manner accept2rd . to Lender; (b) contests in good
<br />-faith the lien by, or defends against enforcement of the lien in, legal proceedings which ;irk the Lender's opinion crate to
<br />iQ:event the enforcement of the Tien of forfeiture of any part of the Property; or (c) Sirl.4iin.:s from.+tbt holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security instru . -' - lif ii,e '':, �r�= .,uses that any part a
<br />t ' the Properm, is subject to a lien wh;zh may attain priority over this Security insti; r ,anti. ���� -nay give Borrower a
<br />".`. notice identifying the lien. Borrower r IWI satisfy the lien or take t»te or more of the ate ;r4nz set forth above within 10 days
<br />dthe giving of notice.
<br />S. Hazard iostteaeee. Borrower shall keep the improvements nGiSF : ? :risting or hereafter erected on the Properly
<br />insured against loss by fire, hazards included within the team "extended c(r rpr3ge 'and any other hazards for which Lender
<br />' requires insurance. This insurance shall be maintained in the amounts �,d for the periods that Lender requires. The
<br />insurance carrier providing the insurance shall be chosen by ge:rrower Subject to Lender's approval which shall not be
<br />unfeawaably withheld.
<br />All insurance policies and renewals shall be acceptable tc' L' oick ' ,and shall include a standjA mortgage clause.
<br />Lender shall have the right to hold the policies and renewals. If Lerc .r r0juires. Borrower shall prtttttptly give to Lender
<br />:all receipts of paid premiums and renewal notices. In the ever.; of loss. Borrower shall give prompt rictice to the insurance
<br />carrier and Lender. Lender may make proof of loss if not made promptly by &)rrower.
<br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to ri:5toration or repair
<br />rf the Property damaged, if the restoration or rgmir is economically feasil* and Lender's security in not lessened. If the
<br />restoration or repair iv rust economically feasible or Lender's security wettiiir be lessened, the insurance proceeds shall be
<br />applied to the sums s&,�;red by this Security instrument, whether or not alien due, with any excess paid to Borrower. If
<br />Borrower ttttw Wons the Property. or does not answji within 30 days a notice from Lender that the insurance carrier has
<br />offered to sixtilt a claim, then Lender may collect the insurance prxeeds. Lender tiny the the proceeds to repair or restore
<br />the Property or to pa , xrtms secured by this Security Instrument. whether or not then due. The 30Aay period will begin
<br />when the notice is givers..
<br />Urwiass Lender and Borrower otherwise agree in writing, any application of proceeds to print {sal shall not extend or
<br />postpone raters due date of the monthly payments referred to in paragraphs t and 2 or change the amount of the payments. If
<br />' under paragraph 19 the Property 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 Security
<br />instrument immediately prior to the acquisition.
<br />i Preaerratian and Maiateaaace of Pro/ertl, iemeholds. Borrower shall not destroy, damage or suhstanttally
<br />change the Property. allow the Properly to deteriorate or commit waste. if this Security instrument is on a leauhotd.
<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! unless Lender agrees to the merger in writing.
<br />7. Protection of Lender's Rights in the Property: %IcwtgW insurance. If Borrower fails to perfomt the
<br />eovtnants and agreements cuntaaned tit ilits Security Inmrumcnr. or theft is a legal prAu-•retilttu [hat neap sign ificant1) affect
<br />Lender's rights in the Property (such as a proceeding in bankruptcy. probate, fair condemnam;n or to enforce laws or
<br />regulations), then Lendermay do and pay for whatever is necessary to protect the value of the Properly and Lender's tight.
<br />in the Property. Lender's actions may include paying any sums secured by a lien which has prnuil) crier this Sccunty
<br />Linstrument, appearing utcourt, paying reasonable attorneys' fees and entering on the Property to make repair Although
<br />Lender may take aceon, under this paragraph 7. Lender dim not have todo so.
<br />Any amount9 disbursed by Lender under this paragraph 7 shall become additional deht of Borrower secured h) the%
<br />Security instrument Unless Burrower and Lender agree to other terms of pa) merit. there amount shall heat uttcrot from
<br />the date of dasburwinrnf at the NOW rate .and shall be payable, with irtterc+t, upon nott x from 1 ender to N,ur,•ucr
<br />requesting payment
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