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UNFORM COVEMM& Borrower and LW4W COMWA and was as follows: . 89--a 10 t PRrW* Of PAWW MKI 31*W@* ft*PgPnW* and Uft ChWWM Borrower shall PMMO/ M when due the principal of and iNasisf on the dnebt 'evidernoed by the Mob and any prepayment end late charges &* under the Nola Z. Fund: for Taxn &W Inwirme. &Mea b appk*W %w or to a written weever rbyLender. Borrower shallpsytoLwift on the day maelfily pmpwft we due under the Mott untill the Note Is paid in full, a sum (ITUM6-) equal to on&bmmh. of (a) yearly tam and - assesernents width nay atta% pr-ftily over this Seanty Instrunwrit (b) yearly leasehold payments or ground rents on the ftparty' N &W,(C) yearly laasrd inuxatm prernlurns; and (d) yusly mortgage insurance prardum. N my. The" items we called "escrow iterm" Lender msy setinals the Funds due an the bulsol curare due and reasonable wirlaus of k0ure vacrow %wns. The Funds shat be held In an kwOullon the drpoasks , or arum- .s r-4 wNch are hts—red or guanigad by a fad" of slob agency (including Lander 9 Lander is such an liuMullon). Lander shelf apply this Fur.1s to pay the escrow {tarsi. Lander may no dWW Wr hoiding and app"* the Funds. an lift the account or vsoft the escrow illerne. unless Lander pep Borrowe inlsnet at Vw Funds and Applicable low penes Lander to nWo such a churga A dorgis assesset! by Lender In c m din - with Borrowers entuft kft this Secuft - kwhurnent t* pay the cost of an Independent tax reporting senrics shelf not be a charge for purposes of the preceft -nwdsrww Borrmer and Lander coney agree in writing that Inawrest *W be paid an the Funds. Was an agrearnent Itmade or *Pk" law f"WM interest to be p" LwAr shell not be required to pay Borrower any ittwed or awnings on the Funds. Lander shag give to Sorimm without charge an annual accounfirig of the Funds showing credits and debt t* the Funds and the purpose for which each debit to Funds w" rnwhL The Funds we ptedgad as additional smelly for the wins seared by this S6curity-Instrumaint.. Nth* aramM of the Fwxb held by Lander, together with the futurs moaft payments of Funds pay" prior to-tha due does of the escrow J!"116 aheg escceed the arnawt required to pay the escrow Items when due, the access shall be.. at BorrawWs option, a0w pmw43* rapdd to Borrower or cmdW In Borrower on monthly prpTwft of f=iends. if the'unourd of the Funds held by Lander 1.8 not Borrower AM pay to Lander. any amount necessary to make up 9w.dallciency in.ons or.: WM pftWMft 10 IKS*W ft*�tdrtdff. tipon peffiv" in full of d vim smrad by this Sisawky Inalrurniont. Lendw shall. promptly refund to Borrower any Funds hiddt" twidw. If wrier paragraph 19 the Rxgarty Is SM or acquired by Lander. Lender shal tvis, later then imirnedistaly prior to lhti'alb d the Property or its acquisition by Lander, any Funds held by Under at the Umviol appic9fam sea as 11 against the sums sacixeidby t% Stably instrument 3. Applicaiden of Payments. Wess goo" law provides otherwise, am payments r'ec6W,4 ftY Under under paragraphs I and 2 shall be applied: first, to late cftr6vs dw ix.dw the NaW second, to prepayment charges due ranter the Nate: third, to Mounts payable under paragraph 2: fourth, to ikftm %t &4-, aid Imst, to ptd�W due_ 4. Chw9w Uens6. .Borrower stud M aft *ws, assessments. charges; trM and IrnpositIons aftUbble to the Properly vvMch may aulin priority am Tft.seauty liftw1enk and 'moshold payments or geond rents. it any. Borioww " pay these obligations in the manner vxw4ed in parapaph Z gr. ,it:nest paid In that manner, Borrower them: an time directly to the person awed pr~ Borrower st,#A', prompkV furnish to Lwdw @111 notices of onowts. to be pW un'der this paragraph. If Borrower nukes these payments directly. Bdrioivir shall pornift funfth to Lander receipts evidencing the peyrrwx, Borrower shall props" discharge any Ilan which has pdorky over this Sew*j Insbunont unless Bamwer (a ' ) agrees In wdft to the payment of the obligation soared by the Van in a manner acceptable to Lander. (b) contests in QWd faith the Gen by. or defends against enforcement of the lien In. legal proceedings which in the Lender's opinion operate to prevent the enforcement of the Wn or bdsWm Of any part Of OW ROPW.Or (C) secures from the holder of the Ban an agraerneffl satisfactory to Lander subordinaling the Ilen to this Secuirify lnsMmmt If Lender detarmines UM any part of the Property Is Subject to a lien which insy attain priority over this SscurW h3burnent, Lender may like Borrower a notice identlyirtii the lien. Borrower shall satisfy the Van or tskw we or more of the actions ad Pith above wNM 10 days. clue the giving of notice, S. Hazarit Insurance. Borrower shay keep the Improvements now casting or heMONIF erectI16 •'n the Prcp" insured against Ion by lint, • ft=rds included within the tam "attended covwagW' and any other hazarft Ow w*4 (ArWer rewires Insurance. This kSWWK0 049 . 40. ffdMft%# Im OW amounts and for the polods that Lender r"". The insurance tau W I:mvMhg the Insurance shall be chosen by Sonroww adlect to Lenders approval which shell not be unreasonably withheld. AN Insurance polciea and tanewds shelf be acceptable to Lender and shall include a standard ftWrCWgp, IMUSS. Lander GW have the right to hold the policies and renewas. 0 Lender wpires, Soriuli4ar shall prorriptly give to Lander air receipts of paid pmrium and renewal notices. in the evot.. of Ins. Borrower shag give prompt jfolkam to the Insurance cornier and LenderJAnder may make proof of loss I met rrnede pnasPtiY by Unless Lander and Sornwer otherwise agree in willing, insurance prcrmft, &h011 be applied to restoralkm or rqmW of the Property damaged, V the restoration or repair Is sconorrk* feasible sod, Lnuidees seaft is not lessened. it the restoration or repair Is not eeonorrnieA feasible or Lenders security would be lessened. the lauumcat proceeds shall be applied to the sums secured by this Security Insitunwal. whether or not than due, with any eases paid to Borrower. if Borrower abandons the Property, or does not answer whin 30 days a notion from Lander that the Insurance carrier has offered to settle a claim, then Lander may collect tha-insurance proceeds. Larder may use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrurneot, whether or not then due, The 3D4%y period will bogth when the nodoe Is given. WAM LW4W 00 Borrower otherwise agree in wndng, any application of proceeds to pees*d shall not extend or postpone the din dale of the Monthly payments rafered to in paragraphs i and 2 or chow the amount of the payments. 0 under paragraph to the property Islacquired by Lander. Borrower's right to wl insurance policies and proceeds resulting from damage to the Property prior to the acquI441an SW pass to Lander to the srdsrnt of the sums by this Security Instrument immediately prior to the acquisition. 0 PnHWVMtIOn and Maintenance of Pro~. Laamehokkii. Borrower shag not davoy dwmW or utsmoveily change the Provarly. slow the Property to delakme or canva waste. If WO Security Instrument Is on a leasehold, Borrower shall own* with the PrOVISiOnS 01 the img. and it BOMMIM ac**u 1619 We to ft PWOPGIIY. the lassetwid and too title shelf not merge uns the Lender swear to the reneger In waling. 7. Protection of Lander's R%Ohb In " Property; Mort9W Insurance. H Borrower Ws to perform the covenants and agreStnents oorntainad In this Security linalrumird. or there Is a legal proceeding that may sigriffimlly affect Lender's riots in the Phn" (such as a proceeding in bwAruplcy, probate, Im condemnation or to enforce laws or regulations), then Lender may do and pay for WN_VWW 0% n—a-e-Sary to P-WCA-ftet- the ifahle of We ftop"_j r--.d L=dcez dghtz in tho P;oWy. Widies acUona may in"dar pr.Aig arty erns secured by a Ion wtfth has gW4ft over this Security InsWiment. appearing in court, paying fessonable attorneys' fees and entering on the Property to make repairs. Although Lander may take action under paragraph 7. Lender does not have to do so. Any amounts dk&XW by Lam* under paragraph 7 shall become additional debt of Borrower seared by this Security instrument. WAM Bonroww and Lander Was to other terms of payment these amounts shelf ben interest from the date of disbursement at the Note rate WA shell be payable. with interest upon notice from Lander to Borrower requesting payment 21082S477 7 I �q I-