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<br /> 89-:i05"159
<br /> UNtPbRM COVENANTS. 80ffOwlf�Ltt1dl�Opvql/A!r11d ijt+00 ts f0�I01v5:
<br /> � �• �f'�+���4r wi I�he�Pr'iMy�t�/t�C7Nr/M. Bo�tower slull promptl9 P�Y whee d�e .
<br /> tbe�p�l�€�ttd iittcr+aE c�t�edebE evidenced by t�he Note and any prep�ymei►t�nd tate char=es due under the Note.
<br /> °� Fi�iti�irTt�saNLwea�ee. Subjxt ta�ppiicabkLw or to i written w�iverby Lenckr,Borrwve�shalf p�y
<br /> � to I,ender on tbe d�y manthiy pynnentx are due urider the Nae,until t)�e Nott it p�id in tutl.t sum("Funds")eqw!to
<br /> cnat�velRb aic (s}yarly ts�ces wd as�essments�rhicb rn�y �ttaia priority over this Sccurity Instrumeat: (b)Y��9 .
<br /> imdwid Ptymeats or iround reats on the Property. if anY� (a) Yarly 6aurd ins�annce prsmiums: and (d) Yar1Y
<br /> - - mort�e inwraeoe�pnmiu�if�ny.'Thett itea��e�••t�t�w it�ns."Lhtder may ts�i�rt th�Ftud�dUE tla t� ... .. ---
<br /> b�cf a�t d�aid re�ona6k eu�miates of futun acrow itm�s. '
<br /> � The Fw�ds sbaA be hdd i�m institution tbe depaiu or axauats af�rhich u�e insured ar guaruitad by a fakr�«
<br /> . wte a�ency(includins Iaeader if Leader is sveb aa inuitut�io�t).La�der sha11 apply tLe Funds so pay tBe acro�v items.
<br /> ' L�ades may not chacae for holdins aod aPWY�i�Fw�d+.w1Yz�E t1u account or verifyin�tbe escro�item��unkss
<br /> � � I.e�wkr pays Hormaer iutaa�t on the Fuads�nd appi'icable la�►permita Lender to malce such i chuae. Barower and �
<br /> � I.ender�ay aQ+a ia�rsitir�r�y;�b�i�ir�tarst shall be p�id�n the Fund�. Unlas an agament is made or applicabte li�v
<br /> requie�es insu�est.to be pii�,:�der s�ll not be requit�ed W pay BorroMer any intereat or arninEs on tlx Fnnd�.Leader
<br /> ; t�iaU�ive w Bosm�ver,wntlwnt cbar�aa annwil acoountirta of the Funds sho�credits aad debiti.to the Fur�ds and tlse ��-c::�;:;
<br /> " ; � pYrpoiC for ivb�c',�debit W tbe Funds xas msda Tbe Funds are piedsed as additi�onal sec�ity fot tbe tums seCUtbd by .i`�:.';'
<br /> � ��.
<br /> � . �`�'.'�th aiaouai af tLe Fi�ti Iidd by L.eader.w�etba�vith tLe futnre moat6IY P�Y�ts af Fuad��y�bk pcior to �
<br /> . �tb�t'....�'aLta ef tbe acro�r itpr�;;sball excead the araoiao�aqt�ired t+a pay the e�ero�►ittou wrhen due.t6e�cers siuil be. . .".
<br /> � at�va'=option,dtber Pi`?fmptlY fep+it�to Borra+�c or creditai so Bon+�wer on montAtY P�Y�ts of Funds.If the '�
<br /> . � ;. �ao�6Ktat of tbe F�nds hdd by Leader is not su�cimt to pay the e�v�w is�ms v,rhtn due,Bomo�vu shall p�ay to Lender any
<br /> � " �3 uecasary w mdce up t'ke de6ciaicy ia one or tixnr payme�s�ii�uired by Leader. ..
<br /> . .,�.�P�P�Y�t in futL.dr'i�U sums securad by this.S�it�:�sfx�e�t,�7:�es shalt promptly refur�d to Horro�va
<br /> � a�y.�beld by I�eadez:�'i�m.d�er Wrasraph 19 the Praper�tgr�s��a;��*�by La�der.Lender sbalj apgly.no bter�
<br /> ' tbait�:�ediateP��rn�:r to�sa}e of the Pmpetty or its.�ti�n f��tP�;aE¢�.Funds brJ�by Lender at thc temc vF
<br /> ,.... .,. . . .
<br /> appti�4o l�s s�:tt�ptiits�tba tums iacurld by this Sbc+rs�e.j��i. �-:� ��, .
<br /> ' �: A�iie�o���s. Ur�las applicabf�l�vie'pmovidks�ther�vi�.�iatt�O�Ymrnts raxived by l�ender ur�+es � <
<br /> p�r�(i 1 aAd 2 shall be appE�od:6nt,to late chargef,r�under the Nac�seo�e�.�o Prepayment chuaa due under che F
<br /> , No�t�+d,co amouna payabie vnder P.raPaPb 2;founlr,to inta+at due;ind las�to prinapal due. '��
<br /> 4. l,tit�r IieM. Borrowet s1iall pay all tua.sssasmeata�cliuges.fiaes�nd impositions attributabk W the ;
<br /> - Pnopert�r wrLich mRy sttsia PcioritY.ovet this 5atwity Iratrum�at,and taseho�d piynterst;or �raund rents. if�y. .. ,
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<br /> Bono�re=s1u11 p�y t1�ae obligstions in tha matmer provided in aussraph 2.or if not p�id in tl�at manner.Borrmver shall
<br /> P�Y them vn titae dir�ectly w the peraoa o�red PaYmai�Boau�rer shall promptly fumish to Lender all notica of amounts
<br /> to be paid uader t6is pus=nph. If BorroMer m�Ices thae paymaits directly,Borrawrer shall promptly t'umish to Lender
<br /> reoapts evideac�in j tbe payaxat�.
<br /> Horro�rsr s�ail promply dacb�r�e,�ny lien�bicb l�prioricy over th;s Sxuriry inurumens unlas Borra+ver:(a)
<br /> ap+oes iu�tio�W t6epsyaxnt aitheobiiptioa aecurad by t6e tiea insa�nner aocept�We to I.ender;(b)contats in sood
<br /> � faita tbe liea by.or deleod�apuna atfor�caeent of the liai in.kp1 prooeedicii:�vbicb in tLe I,ender's opinion operate to
<br /> pc�eva►t tlie eafoaxmmt of the lim or forfature d'aay�rt of the Property:or(c)secare,.f_•�xn!�•�►d��s of'ihe ti..-n-ss -
<br /> a�neea�ent utisfactory to Leader subondinating the lien to this Seaurity Instrumetit.If Lender detetmines that any part of
<br /> tbe Propecty is anbjoct to�lim�hich may attain priority over this Security Instrumrnt,I�der may give BaroMer a .
<br /> notioe idmtif�ins the lirn.Horravver sbaU sawty the lirn or take one or more of the sctions set forth above writhin 10 d�.ys ,
<br /> af thep.viias af uotice.
<br /> �. H�sn+i Lwra�ee. Baraver sball kap tha im�araveaknts aow axit�iag or hereafter erected an t�e Propaty, �. �
<br /> . itunt�ad`x�iinst Iwt by fir�h�rt3�incliWed�vithin the tarm"eate�ded cover�K"�it�any other harards fQr wfiich Y��r� .
<br /> t�eQltit+et imu�•��+�• '�'Ais in'snn�c+Ea_r.t�.11 be�!itltsi�d ir. �h�asr.��tII a.ns!for 2ks�:.^:od:thsi Lends: t�;�is'r�s. Tfi�' ' =!-�'
<br /> u�uraxe canieF.�rovidie�tbe irnurancx abail be chaen by Borro�rer subject to I,ender's approval which:hall not Ek , F'i_
<br /> wttr�bly w�itbadd. ' �. '
<br /> All iasuranoe policies��ufi reneMals shall be sccq�Ca6le to Lrnder u�d x1uU include a standard mortgaje clause. ;—
<br /> I�ead¢r�U have tlie risht tu hrst�d t�e polieies and renawaLs.If Lender requira�8arrower shall promptly�ive to�.�ader "�,:'"
<br /> aU�aoeipts of paid.pr�emiums�ad reneMal notica.In the eeent of'lou,.�orrowrer siiall pve prompt notice to the in:u►anrx . °
<br /> carrier aad I.ader,T.atndes may m�lce proofoPloa if not made pmmpily by Bomo�ver. _
<br /> iJr�Lender�td Hcirroaver othenvise aara in Mtitin�.insurusce procdad$shall be appliod to restprxtion or repair
<br /> of tbe Propdty dams�ed,if tiie crstoration or tep�ir is 000nomicslJy fenibk and Ixnder's socwity is nat�l�ssened.Yf the �
<br /> re�tor�rion or rspair is aot econoraicaUy ka�ibk or I.enikr's aecurity�ould be{axr�ed,the insnranoe p�ar�eds sfiall be
<br /> �pplied to the wms securail by tbis 5ecurity Instrumait,whetlkr or not then du�writh any excas pid to Borroiver.If
<br /> BorroMer abwdon�tbe Property,ar doa not a�Mer arithin 30 days s notioe from Iyender that�the inwnnce carrier has
<br /> o�'erod W uttk s cLim.then I�ender may collect the inwrance ptoceeds.I�ender may use the proceeds to rcpair or ratore
<br /> tLe Pe�e'Petty or W pay wrm�ecuted by tbis Security Instrunxnt,M)xtber or not thrn due.The 34day period MiU beain
<br /> Nba ciac ootioe is awen.
<br /> 11b1a�I�ender�ed Ha�rm�ver othes�vise a�ree in�vritin�.any applicatian of proceeds to principd sh�ll nat extend ar
<br /> posipooe tl�e due d�te of the monthly pryments referred to in pusgnphs 1 and 2 or change the amount ofthe payment�,L�
<br /> uoder p�tajnpb 19 the Property is scquired by Lender,Borrower•s riaht to any ensurance po::caes and procads rssuiti�g
<br /> fteea d�nt�e to tl�e Froperty prior to tbe acquisition shal!pau to I.ender to the extmt of the sums secured by this Security ,=--_—
<br /> i�tr�eent immed'utely p�ior to tLe acquisition.
<br /> fi. Plrrerntio�a�i MafMawte d'Pta�trdr,Lauioli�. Hprro�rer sA�li not Qrstray,dam�ge or substan[Fai%� t
<br /> alr�n�e the FroQerty.dlo�v the Property to dtterionte or commit aaste. If this Security lnstrument is on a lase�old, ' �
<br /> Bprro�►er s1�f11 oomptY rvilb the provisions otthe lrase*aed if Ba�rn�rer ac4uires fae titk to the Prope�ly,the lt�uhnl�4�u! �
<br /> tee titk shW not merae unkss Lender yrea to the merjer in�ritin:. .
<br /> 7. PrKeetlo� a(I�e�irr's�ti�ts h tie Ptqerty; Martp�e Iwa�ce. lf Borrower fails to perform t?�e
<br /> L oove■�ets snd ajreements cemt�i�ed in this Security tnstrument,af there is�leaal proceedina thit may signiAcantty a}fect �
<br /> Lexde�s ri�es in t�e Praper[y(sucb�s s proceedinj ie Danlcruptcy.Drobate. for condemnt' or to enfarce laws or
<br /> rqrlatiaos),thm l.ender msy do and py far wh�tever�s necesssry to praed ehe vsJue of the Pro�erty and Lender's rsghts
<br /> i�tMe Propert�r. tena�rs a�z,ons�y�nctuee�.yinj any sums seeured 6y a lien�rhich hu priority ovtr this Security
<br /> Inqrw�t.ap�earins in coun,payirtj rusonabk attomeys'tees and enterina on the Property to make repa��.Althou�h
<br /> t.teder msy take sction under this p�r��aph 7.Lcnder doa aot It�vt to do so.
<br /> Any amnunts dubursed by Lender under thif p�ra�raph 7 shall become atidition�!debt af Borcoa�er srcured 6y this � e
<br /> SecuritY Instrvaftnl-Unle3s Borrower�nd Lender a6ra to a�ther temrts of payment.these amvunts shall bear�ntetest fram
<br /> t6e Q��e of d�sbu.rsttlnent at !he Note rate and shall be payabir, with�nterest, upon not�ce from Leader to Borraucr _. . .. . . _
<br /> �a4��i WY�nt.
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