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<br />UNIFORM COVENANTS- Borrower and lender covenant and agree
<br />1. Payment of Piriscipal acrd Interest; Pettpitiyrnent and LateChargm Borrower shall promptly pay when due the
<br />peincipalof and interest on the debt evidenced bytheNoteandanyprepaymentand latechargesdueundertheNote.
<br />2. Furwds fat Taxes god liastttraaee. Subject to applicable -law or to a written waiver by Lender. Borrower shall pay to
<br />Lender on the day monthly payments are due under the Mote, until the Note is paid in full, a sum ("Funds *) equal to
<br />one - twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument. (b) yearly leasehold
<br />pctttscstt the property, i €any(c) yearly ha zard insurance premiums; and (d) yearly mortgage insurance
<br />sc itettts are csiled "est raw itetos " Lenkr may estitrmalletheFundsduecnthe l,"r -of curtencd*_ta.nd
<br />of facure escrow hints.
<br />The Funds shalt be hell in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />stateagency (including Lender if Lender issuch an institution). Lender shall apply the Funds topay theestxow items. Leader
<br />may not charge for holding and applying the Funds, analyzing the account or verifying the escrow items, unless Leader pays
<br />Borrower inwreston the Funds acdappficable law permits Lender to snake such acharae. Borrower and Gender may agree in
<br />waiting that interest shall be paid on the Funds. Unless an agreement is made or applicable law requires interest to be paid;
<br />Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, w+ithoui � .
<br />charge, an annualaccountingof the Funds show ngcredicsanddebit stotheFundsandthepurposeforwhicheachdebittoihi
<br />Funds was made, The Funds are pledged a*.&Alitional security for the sums secured by this Security Instrument-
<br />if the amount of the FundshOd by.L =fer, together with the future monthly payments of Funds payablI prior to the
<br />due dazxsraf the eactcaw items, st td3si idl;te arwunc required to pay the escrawr it when due, the ext o l be, at
<br />sictoiriKi � optioe,,,"tit;her promo2y►"�paid: V3. Borrower tit credited to Borrower W swath ly. payments of'Rit . If thii .
<br />amt: am, -,nf the Fu:3 ,, held by Lender is noi.5u !,kient to pay the escrow items whendite: 13 ermw w 01all pay to Jt ertder.anir .
<br />an motijAxtssary cm make up the deficiency, -none or more payments as required 41-inder.
<br />:.$fpi�in payment in full of all sums secured by this Security Instrument. Lenders!; ll promptly refund cis Oidrrower any
<br />Fundv"16 by Lender. If under paragraph 19 the Property is sold or acquired by Lender, Lender shall apply; m, later than
<br />immediiiety prior to the sale of the Property or its acquisitkin by fender, any Funds held by Lender at the time of application
<br />as a credit against the sums secured by this Security Instrument.
<br />3, Application of Psytttaents. Unless applicable law provides otherwise, all payments received by Lender under
<br />paragraphs 1 and 2 shall be applied: first, to late charges due under the Note; second, to prepayment charges date. under the
<br />Note; third, to amounts payable under paragraph 2; fourth, to interest due; and last, to principal due.
<br />4. Charger; Liens. Borrower shall pay all taxM.iL�;°sessmenrs, charges, fines and impositions attribt;table to the
<br />Property which ns)tp4gain priority over this Security less ccn ment, and kvsehold payments or ground rents, if any. Borrower
<br />shall pay these obl owz0- its in the manner procr,+.k' d in parsfrr rilr,2;s� a;finr._n paid in that manner, Borrower shall pay them on
<br />timectarMly to the person owed payment. Borr6wier shai:-m4nf; fly fitrnish toLender all notices of amounts fal?cpaid under
<br />this pr:6f2raph. If Borrower makes these payments dirw-i`y;, {fi;irower shall prompts} furnish to Lender receipin:evidencing
<br />theiireertts.
<br />6otrower s$=11 promptly discharge ar:i, Lien which has priority over this Security Instrument unless Borrower: (a)
<br />agrees in writing to the payment of throbligat ton secured by the lien in a manner acceptable co Lender; (b) contests in good
<br />faithi)40.ien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to
<br />preve7v.,drie enforcement of the lien or forfeiture of any part of the Property; or (c) secures from the holder of the lien an
<br />agreement satisfictoty toUnder subordinating the lien to this Security Instrument. if Lender determines that any part of the
<br />Property is subtttfower lien which may attain priority Over this Serririty Instrument, tender may give Borrower a notice
<br />identifying the shall satisfy the lien or take one or mown of the actions set forth above within 10 days of the
<br />givingaf notice.
<br />S�, Haztud Insunttce. Borrower shall keep the improvements now existing or hereafter erected ore. thm Property
<br />inure., against loss by fire, hazards included within the term "extended coverage" and any tither hazards fo) W&'xit tender
<br />requires insurance. This insurance shall be maintained in the amounts and for the periods rhat Lender requires. The
<br />insurance carrier providing the insurance shall be chosen by Borrower subiect cu Iknder'.,�,ipproal wZ,ic'h shall not be
<br />unreawnably withheld.
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<br />:ill insurance policies and renewals shall be acceptable n, lender and shell inclure a standard murtgpg<" F use. Ixnekr
<br />si•,atlufrs��rc the right to fold the ixil cies and renewals. If Lender requires, Borrower sluill.,ISrompely give m 4mii0r?all receipts
<br />of pa4 premiums and rentewat twlrices. In the event of loss. Burrower shall give prompt noricc_ to the insui'2 w1 , carrier and
<br />Lender. Lender rn ;iy,make prciot of loss if ntoi trade promptly by I) ormwer. ;
<br />Unless i ender and Burry wer others %. %,fee irz writing, insurance proceeds shall be 4014t41 to restoration or repaii
<br />ii tlixi Property damaged, if the rescoraniili P w, ep; it i4 tvonomically feasible and tender's security is not. i&sened. If the
<br />tas:i,rsrion or repair is nut ecesnumically fe�o blei-w U-nde� s security would be lessened. the insuranca.lif it,rds shall be
<br />applied to the sums secured by this Security: Irorrument, whether or not then due, with any A m n paidlin; Borrower. If
<br />Burrower abutduns the Property, or does not answer within W days a ntitice from !.ender that the insurance carrier has
<br />offered no settle adaim.then Lender may ceollect the insurance pnxeeds. Lender may use the pn)5&,% stir repair err restore the
<br />Property or to pay suntssecured by this Security instrument, whether ur nut thendue. The 3U -day period willbe.gin when the
<br />notice is given.
<br />Unless tender and Borrower otherwise agree in writing, any application tit procmds to principal shall n;►t extend err
<br />postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amour.: of the payments. If
<br />under paragraph Ica sire Proprsay is siiyuited by Leader, fiorrowcr's right to nay msurance policies and prow t2Is resuloro-g
<br />from damage to the Property prior a, the acquisition shall pass to Lender to the extent of the sums secured by this Security
<br />Instrutttent immediately prior to the acquisition.
<br />6. Preservation and Maintenance of Property; Leaseholds. Nirro er shall not destroy, damage ttr substantially
<br />change the Property, allow the Property to deteriorate or commit waste. If this Security Instrument is on a leasrhuld,
<br />Birrower shall cumpty with the provisions of the lease, and if Borrower acquires fee tctle to the Prulxrny, the leasehi,ld and
<br />fee title shall not merge unless Lend" agrees to the merger in %filing
<br />7. Protection of Lenders Rights in the Property; Mortgage Insurance. if Borrower falls cu perform the c %triants
<br />atsd a(trtemenis contained in this Secuaty Instrument, ar there is a legal pnxeeding that stay sigmhcantly affect lender's
<br />rights to the Property iwc h ass pruteedirtg in bankruptcy, pitibate. fur it tndentnrt cull ur te, enforce IaNS or regulations), then
<br />Lender may du and pay for whatever is necessary w protect the calue of the Property and Lender s rights in the Propettp
<br />Lender`s amass may itttlude paying any sums secured by a lien x huh has prtnrity t tsct this Security Inst ruinem. appearing in
<br />Wulf, paying rein inshk attorneys' fees attil entering urn the Property rot mike repetrs Althea ugh Lender niay tike actrun
<br />urwkr this paragraph Y. Lender dues riot have to der w
<br />Any ainuums disbursed by 1911der under this pwagraph a stroll become additional debt Alf HarrwAer secured by this
<br />Securiryinsttunmsti t'i de- of: uirw*o ranJLcnitcr ,igurr::iaherterfnsfitr3yn licit, illei' JtiUtrlllttilFt .311L►LJ[intl'tt:Stfti�ltr
<br />the date iif disbursement at the Nure rate and "hill he p.yaltle. With usterest, uptin mitice fro im Le•ndrr tit Nito-er rewt %t" A
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