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<br />Co..., 105467
<br />A, Bmowe' and Lender covenant and agree as follows.
<br />;;. : : : :_ :: ±iejtrj tti ttf`Prirreipd awd:IKtetat; Prepytaeat sad e t;;Itmtl{es. Borrower shall promptly pay when due
<br />.ofai.4iriterest on the de tesiidrttad by the Note and any prepayment and late charges due under the Note.
<br />anti Imaraat°.tsi Subject to applicable law or to a written waiver by Lender, Btrrower shall pay
<br />tntsatMy paymet wiM due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to
<br />" r`; 3mssiy taxes and - asrAsinents which may attain priority over this, Security. instrument; (b) yearly
<br />_ „ y _rt�sev,,, � +tt� t 4111 PCOPMY, if Any;..(c).vcar }v._huard insurance nrtmium% and (d) vcarly -- -- —
<br />toh Fermium%, if any..'tUse items are called "escrow items." Lender may estimate the Funds due cNr the
<br />!i<aii' slreasorishkestitriitesoffuture escrow items.
<br />..,be held in arc insililution the deposits or accounts of which are insured or guaranteed by a federal or
<br />tmvdff if-L;z t is such an institution). Leader shall apply the Funds to pay the escrow items.
<br />; . C, for. Mointand4pplying the Funds, analyzing the account or verifying the escrow items, unless
<br />I,en&ir;,' ',`►�s`Bortc eriatciK Yi ;i*•t e)Fundsand applicable law permits Lender to make such.a chart— &rrrower and
<br />Lein y- agtreq.;;ii ; rstu :; %n MMI: shall be paid on the Funds. Unless an agreement is made or applicable law
<br />requ re terest.iu :mod: L .4ball not be required to pay, Borrower any interest or earnings on the Funds. Lender
<br />shoo} gs% t•�orrly�wthpit('kx{ an annual accounting of the Funds showing credits and debits to the Funds and the
<br />putti*' ;W vhicfs; r i9tebii tti t I'prids was made. The Funds are pledged as additional security for the sums secured by
<br />thi>il nst st r' I," "
<br />. >"?tgri?ta'e;zho_1;ttrt ib3 by Lender, together with the future monthly payments of Funds payable prior to
<br />the dtt3si¢rvr items s3?at the amount required b pay the escrow items when due, the excess shall be,
<br />at Bo zS og+fit ; er p?OCrtp)iji;+tr t W ep Borrower or credited to Borrower on monthly payments of Funds. If the
<br />amotti iltrrl t hrid by L4sttdt'i ii riet .ku$&ent to -pas the escrow items when due, Borrower shall pay to Lender any
<br />Amount, tt ty. n cctip,t 44 iencyid one ormerepaymentsas requ ired byLender.
<br />3ti'Rr'isct full ba?si? 3;uns sei� by this Security Instrument, Lender shall promptly refund to Borrower
<br />any Fundq'ls : , +;; itgi ir. If u paragraph .y,� the Property is sold or acquired by Lender, Lender shall apply, no later
<br />than imiui�ay jttgir.t`ti tfse sue: of the Property or its acquisition by Lender, any Funds held by Lender at the time of
<br />applicatir',iiikrt..,gainst hire %earns secured by this Security Instrument.
<br />1 ?fit Unless applicable law provides otherwise, all payments received by Lender under
<br />paragrap .i� ati 3 fi sp ►1+ : fiitst. to Lane charges due under the Note; sex-rid, to prepayment charges due under the
<br />Note; third, t: a tV ai %pafabie.L nder paragraaph 2; fourth, to interest due; and last, to principal due.
<br />4, char j :.(r%tiit. Bc iwer seal l pay all fazes, assessments, charges, fines and impositions attributable to the
<br />Property whkh c* itain par 06ty_ over Obis Security Instrument, and leasehold payments or ground rents, if any. Borreswen sltal. pars;u seobl:igat>bom in themanner provided in paragraph 2, or if not paid in that manner. Borrower shall
<br />pay them. on, Britt 40i iy to the'pwwn owed payment. Borrower shall promptly furnish to Lender all notices of amourris
<br />to be paid, under tbd;ipwagrapb: V, 13orrow.trr makes these payments directly. Borrower shad} promptly furnish to Lett& r .
<br />receipts evttr :cncrngr,3hcle7ttymer_'s: -• ;
<br />Borrower any lien which has priority over this Security Instrument unless Borrower: (a)
<br />agrees in Wmalg to i tar ^ayms n' or die obligation secured by the lien in a manner acceptable to Lender; (b) contests in good
<br />faith the lien by. ot�4W mcis agatft s( "force:rrent of the lien in. legal proceedings which in the Lender's opinion operate to
<br />prevent the enfdre mi: of the lien or fmf lure of any part of the Property; or (c) secures from the holder of the Lien an
<br />agreement satisfaerrart,'•rr- Lerdei the lien to this Security instrument. If Lender determines that any part of
<br />the Property is subs w, a.'is�azi; �;ibsch may-attain priority over this Security Instrument, Lender may give Borrowe; a
<br />notice identifying'; t�I!''iii- $T :a, e:r iball'?sicfy the lien or take one or more of the actions set forth above is thin 10 days
<br />of the giving of notice.... .
<br />S. Hazard Inpiruvoe. t : rower alt ik! keep the improvements now existing or hereafter erected on the Property
<br />insured against loss by f ni , i'� xw :�s.inclu3vQ wwi4hin the term "extended coverage" and any other hazards for which Lender
<br />requires insurance. This' te7Fa1tm-rov sbajL toe maintained in the amounts and for the periods that Lender requires. The
<br />insurance carrier providing thr.hnii,4cance i; all be chosen by Borrower subject to Lender's approval which shall not be
<br />unreasonably withheld.
<br />All insurance policies ant .rrw7icw:0s -.,A4',I be acceptable to Lender and shall inc Wde a standard mortgage clause.
<br />Lender shall have the right to the prs;i :.;yid renewals. If Lender requires, Borrower shall promptly give to Lender
<br />all receipts of paid premiums and rr s:Jl mmcns. In the event of loss, Borrower shall give prompt notice to the insurance
<br />carrier and Lender. Lender may ir410aprmf �_fi loss if not rn7ade promptly by Borrower.
<br />Unless Lender and Borruw p wherwi a agree in wraiaing, insurance proceeds shall be applied to restoration or repair
<br />of the Property damaged, if the rcw mt.i;on sore zepair is economically feasible and Lender's security is not lessened. if the
<br />restoration or repair is not ecuncxr.i,:::LI) r;4w )!e or Lender's security would be lessened, the insurance proceeds shall be
<br />applied to the sums secured by OT.ei.; StL u;rity 1'r :strument, whether or not then due, with any excess paid to Borrower. If
<br />Borrower abandons the Property. of doer; n:T-t answer %i;tih;n 30 days a notice from Lender that the insurance carrier has
<br />offered tie settle a claim, then Ler;i `meal co-.7---t the proceeds. lender may use the proceeds to repair or restore
<br />the Property or to pay sums secure3 by vhii; lleatnsMent. whether or not then due. The 30-day period will begin
<br />when the notice is given.
<br />Unless Lender and Borrower ctff.ert+w nenigree i- ., 'trig, ari application of proceeds to principal shall not extend or
<br />pumpone the due date of the monthly pal nick tv.:ferre d nvr -, paragraphs 1 and 2 or change the amount of the payments. If
<br />under paragraph ly the Property is acgV'rak1 y Lender., l &terower's right to any insurance policies and proceeds resulting,
<br />from damage to the Property prior to the pass to Lender to the extent of the sums secured by this Security
<br />lrrwutnent immediately prior to the acquisit 'inn;.. ,
<br />6, Preservtatlon mad Maintenance oV Frtsgerty; Lt:mseholOv. Borrower %hall not destroy. damage a ►r substantially
<br />change rite 1'rulxrry, allow the Property to �Sas aiorac� �rr,..�•r* ^'�.w.aste, if this Security instrument is nn a leawhold,
<br />fkirro%cr shall comply with the provisionsof1he tease, s d ig WrioNer acquires fee title tothe Property. the leasehold and
<br />fee title shall not atcrgc unless Lenderagrees is ti:s r �i"ttlitYr tae - irg.
<br />7. Proteetkuim of Lenders [tights fm lft>v ,Varpterf. t M". ' e insurance. if Burrower fails to perform the
<br />covenants and aereements contained in thisSfttiriis ni 0"re is a legal proceeding that may srernhLantlp affect
<br />i ramh•s', right% in the Property (such as a piwtc� ;;rg, t� t_✓d;,kc� rty, probate, for condemnation or to enforce lams or
<br />regulattonsf, then I -ender may do and pay for whas ever; "a.. rlwessz: y'to protect the valueof the Property and I ender'% rights
<br />tot flit Prtyxtry. I- ender' %acituns may includepiq,ir ;.icr.y+gumsseC.tred b) a lien which haq prutra) ester this ScLurity
<br />liniturnclit, apiwifing in court, paying fee% :j:t1dentering on the Propert) to manse repair% Although
<br />!miter tin) rake avNin under thus paragraph 7 ::1;.fow� �. does not h-av(eui do So.
<br />Any au►cutttt w dtsburscd by bender urrdet` r`i ±tis�l ?ar'tii�aplt 7 s:; ta!11�eCOme addtunnal debt of lic+rroucr se. ure•tl h} this
<br />%rctmt) Instrument l.'nle :c Itorrow•erand Lcndcr,aia'+xkto rr :i St •terms of payment, these anionnts shall he -ir n:tervo fr+int
<br />the daie „f .hst},tt�rutent at the Note rate and �tL :171. i:e:. 4 +c: <.thTe, with interest, ttlr n notice froth Lender to li:atvv%rr
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