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89-- 105370
<br />Uttmtitut OMMAMB Borrower and Larder oovamt and agree u fellows:
<br />L
<br />�SMINWOMPIWYNMMdLmftCMrom Borrower shall promptly pay when due
<br />thepewpal ofandiaterrst ea thedebtevidenced by the Note and any prepayment and late charges due under the Note.
<br />F"* tar Tastes ad Iwri am Subject to applicable law or to s written waiver by Lender, Borrower "pay
<br />to Leader on the day moat>fly payments are due under the Nate, until the Note is paid in full, a sum CIFoWI) equal to
<br />M -tWe*h of (a) yearly taus and asseasnsaats which may attain priority MCI` this Security Instrument; (b) ytaarly
<br />- - — Maaeiold of gtrwnd teats on the Property, if soy: (c��rearly- haz, rd .�in_a!*� pit -,d) i'y- - - -- - - - - - -- -
<br />P "- y:'1LVae items ate acted "ncrow items." Lender may estimate the Funds due on the
<br />tbasitt
<br />MU M& ad ra moaable artiasata offittur c eadx+ow items.
<br />MWFuadtsilali beheld iin so iaatitntion The deposits or ac paw ttofwhich ate insured or guaranteed by a%deral or
<br />anent dsgstacy (tiaeltrdasg Lsssderif Lassder is;>trd[
<br />all iaotionl. tAot d" apply the Fwr* to pray the escrow pews,
<br />ha p bob � er r karat the "am hates. is SM
<br />fa der My sa>tetwt an Ilse .Fish law pdtrpiits #a. wcia a clWga Borr+owa and
<br />twlttirers Lta� to bed titrf�;intaat sAa1t be the FussilL U ' �s made or applicable lax
<br />Pad. Ieieil1 not be y+ei! t4
<br />pay Bartves snyY t:E an the Ftuadk. Lender
<br />dtall gi+re to =ii nrer, without e`it * aiE l accounting Of the ids showing credit; i tid'ziebits to the Furnda and the
<br />psrepaeforwhich each debit to the Fu nds*46ade. TheiF -*dged as additional seeuh
<br />ay
<br />forthe sums secured by
<br />this Saab tyiwstrast ofthe Funek held by! `Lender, sow' with the futpra rtna ' %�a,paymertaof Fun pyabk prior to
<br />the cup es of the escrow items, thrill excee ,t3ie says` „,%Mquired to pry the a s"'iMa� . %Mjw the a :teas shalt be,
<br />Y ms's opttpa. either promptly repaid iam.Bon,6*04.or credited kei Borrower tit? aiorit guests of Funds. If the
<br />amoma or;; FuuidthR-,.b d by Lersder is not niivsrient ter"i -tbe tsetse.06mis when due. Bottftwt~tr shall pay to Lender any
<br />astsonnt aecaauy f0make up the dd iency ii$!argie. for testate Inayanaats as required by Lender.
<br />Upon payment in full of all auras securead`by tbfs purity Instrument, tender shall promptly refund to Borrower
<br />say Fonda held by Lender. If under paragraplt.l9 the`F:-n)erty is sold or acquired by Lender. Lender shall apply, no laW
<br />this is ondiatel
<br />y prior to the sale of the Pmgid•'ty or.its acquisition by bender, any Funds held by bender at the time of '
<br />appGestioa as acredit against the sums secamW,by Ibis Security Instrumatt.
<br />S. Apaligtioa of Piste Ua� appli"bie.(sw provides otherwise, AR payments received by Lender under
<br />paragraphs 1 and 2 shall be appliedt:lairst, to late chats tribe under the Notr, seconFk thl prepayment charges due under the
<br />NOW bo4 to amounts payablesperd grpenigraph 2; fotcatk to interest due; and lad. fiaprincipsildu.t
<br />C Clam ;Iiw� Bete Shall PRY all bic%'saaasm mt% charges, Hoes &nil is jm attributable to the _
<br />Property which may attain priority over, this Security.jastrumen% and leasebold paymeM «s'groued rents, if any,
<br />Borrotwer tisU pay i hpe ohliggatiow is the Mutter provided in paragraph 2, or ifrwt
<br />pay tium on time &racily to the person owed ish to l ' ashalt
<br />co wader this payment. Bairower shall promptly furnish to lender all herniae of amounts _.
<br />par�sgraph. If Borrower makes these payments directly. Borrower shall promptly fur`s to Lender
<br />receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Ezmwer. (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) eesstists in good
<br />faith the lien by. or defards against enforcement of the lien in. legal proceedings which in the Lender's opisaicM operate to
<br />pKevrrnt the enforcement of the lien or forfeiture of any pan of the Property, or (c) Mures from the hokkr of the lien an
<br />agreement satisfactory to Lender subordinating the Bert to this Sec"... instrument. If Lender determines that any part of
<br />the Property is subject to a lien which may attain priority over tt Security Instrument, La,9 r may give Borrower a
<br />notice identifying the lien. Borrower shall satisfy the li►.s or take one orator a of the actions seti"(vb above within iii days
<br />ofthegiving ofnotice.
<br />L HaraN Iasuartoe. Borrower shall keep the i Wrovements now existing or hereafter erected onnlJe Property
<br />insured against loss by fire, hazards included within the tens "extended coverage" and any other hazards forwhich Lender
<br />reequires insurunee. This insurance shall be mx stained in the amounts and for the periods uhiaj Lender requires. The
<br />insurance carrier providing the insurance sLal+5e chosen by Borrower subject to Lender's ip�rasLende r shalt not be
<br />unreasonably withheld.
<br />i111 rrattrance polacnes and renewals shall be ace+zprlole to Lender and shall include a standard mmtpge clause.
<br />Leader aliiall have the right to hold the policies and renesvals. If Lender requires, Borrower sw promptly give to lender "`-
<br />aU too OF 1 & otf paid 17eMiums and renewal notices. in the event of loss. Borrower shall give pronnriipt notice to the insurance
<br />carrier and Larder. Leander may stake proof of to" if na made promplIf t§y Borrower.
<br />Unless Lender and Borrowerotherwise agree in writing. insurance proceedst shall be applied to restora6 or repair
<br />Of the Property damaged, if the rtatoration or repair is ocenornically feWbIe and li ader's security is trot lessimed. If the
<br />restoration or repair is not eeostaetieally feasible or Lender's security would be kosened. the insursnee proceeds shall br_
<br />applied to the sums secured by this Security instrument. whether or not then due, with any exoaa paid to Borrower. If
<br />Borrower abaodors the Property, or does. ixst; answer within 30 days a nmice from Lender that n Ire insurance carrier has
<br />aliened to settle a claim. then lett+ia . may a,iTiext the insurance procea:iaC; Lender MAY use the proceeds to r".r or restore
<br />the Property or to pay sums secuxtd by this Security Insr:nveztent, whether or not,. Iben due. The 304sy pecaA will begin
<br />when the notice is given.
<br />Unless Under and BorroMcr otherwise agree in wetting, any apltL ation of proceeds to pttiaa►:ipal shall trot extend or
<br />pd>.tpoae the due date ofthe monthly payaientq;efesrad to in paragrapipv : and 2 or change the amount of the payments, if
<br />sander paragraph 19 the Property is acquired by Lender, Borrower's right to any insurance policies and proceeds resulting
<br />frons dMW to the Property prior to the acquisition shall ass to Lender to the Bate m of the sums secured by this Security
<br />Iastruarant kinmediately ii to the acquisition.
<br />cistage the Property, allow the PM a eK LaNdOW Borrower shall not destroy, damage or substantially Property to deteriorate or commit waste. if this Security lnstyvrasent is on a leasehold. r - Borrower
<br />shall comply with the provisions of the lease. and if Borrower acquires fee title to the Property, the Leasehold lease and .
<br />tae title "I not merge unless Lender agrees to the merge . lip writing
<br />7. Prstsetiea of I.sa/er'& itigits in the Proges^ty; Mortgage iasaraaedc; xi ;Borrower fails t4 perform the
<br />eoveaaaa and agreements contained in this Scedatity Ire merit, nor titer -re is a lrg:i ;�X MViA4 ifs may sigtrifiwntlyafrect
<br />1.assder's rights in the Property (such as a proceeding in bankruptcy.: probate. for cGnderr aart -in or to enforce laws or
<br />!�trdatioaal< then Lender may doand pay for whatever is necessary to protect the value of the Property and Lender's rights
<br />I m the ftoperty. Lender's actions may include paying any sums secured by a lien which has priority over this Security
<br />tasttusnent, wearing in court, paying remnable attorneys' fees and entering on the Property to make repair%. Although
<br />LOder may take action under this paragraph 7, Lender does not have todo so.
<br />My amounts disbursed by Lender under this paragraph 7 shall become additional debt of Borrower secured by this
<br />Security Instrument Unless Borrower and lender agree to other terms of payment. these amounts shall bear ir.-trest from
<br />the date of drsburwmtnt at the Note rate and shall be payable. with interest, upon notice from Lender ;�r Borrower �
<br />requesting pai+ment.•
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