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<br /> ' UHiFrDltt�tbvFav�rm. Horm�rer and L.a�der covrnant and agae u foiloivs:
<br /> 1' Fay�e�t ot P�i�1Mf n��PrrMr�t a�i LKe Que�es, Bomower shsll promptEy oaq�vben aue -
<br /> �' ' tl�e pcmcipl of�d iaterat an the debt evidenced tIu Note and an
<br /> �. F�i fe�Tu�r�i��. �y bY Y P�Y��ut and tste ch�rses daa und�r[he Not� �
<br /> _ bjeci to applicabk Iaw or to a Mrri��r��vsc �,et�der= - - ---- --—
<br /> � to I.a�ec aa tlie dr�ii�nf�J- - - � ��°!��i�Y
<br /> Y y p�yuia�ts ue due under tl�e Notr,w�til the Note is pud in full,�sam��"Eunds"3 eqwl to
<br /> �tt�vdlth ai:(s�7e�t1�r ta�et aad aesentaents wljich a�ay attain ptiority over ti�is 5acurity tnsitvm�ent: �b�rearly
<br /> � wY��or Sroue�d renes on t1� Propecty.if�uy; �a) yarly hatarrt-insvnncx - .
<br /> . pnemtumr �atd (d)Year1Y -
<br /> °�0������P�+�,if an�.T�ite�s ar�e ca3kd'•acm�v itans."I.�dQr rnay.e�sim�te tbaFpns�s due or►ihe . . .:...:
<br /> b�duarsstdr��id tw�soe�bie atmata oilutureacro�r itana .
<br /> � 1'�e Fimd�siu11 tie bdd in�rr im�itwioa tbe depo�its or accouats af Mbich sre inturod or�uar�nta!d ti�!?r;fi�daral nr
<br /> ; �ste a�eacy fmc�adi�I,endeF if I-ader�sucL�n i�titutionl•i�ender sh�1l spply tUo FAnds to qy the c�crpw�ita�.
<br /> I.aaler inay Aot cLu�e tar tioidin�srd aPPIY�t�Fw�,ansiyzing t6e acoount m:.v. ' -
<br /> I�aidn'Paps Borrower inteciat oa tLe Fnad:aad applic�abk Taw ��1°a the aeronv i�ems,unle�s .
<br /> ' �der msY a�ne iu w�ritia�that intemst sball be �its Lrnda`to.mai�e sueB�charsa Aorro+ver aad
<br /> r�q�r�inta�st w be p�id,I,eoder stiatl.not lie �on tl�e Funds. Unlass.an��sreanent is made or applir�ble!aM
<br /> requirod�to paY&�n'a�►er say intcrCSt ar earninas on the Fund:.I,ender
<br /> � �U Pv�e ta Bormwrr.�vitbout cbar�e,�a Ynnuat a�couaring af 1�]'t�;�unds showing cr,edtts�nd del�its to the Funds and the
<br /> i tar�rb�iC6�dcu6 tkbit to tLe Fur�ds�vu auda The F�mr�siie�pledged as sdditto�sni secur�ty.fbr tt�a�ms securrd by .
<br /> ' , . -.����Y��l'�. � � -�� . '�':i,4� . _ ...
<br /> ; ,, If the amovnt af tlx Fuads heW Leader, , P�Y�Prior to
<br /> , t�e due data of the acroa i � ��'�'�s�'t�qt future monthlY MY�ts of Funds :
<br /> ' tam►�all�es�c.eed the amount requii?hc�;�PsY t6e�scrow it�m�when due,the eacas sbalL b� ;...�
<br /> , at Horro�er's npt'ron,atber P� to ci�#1� intmthlY P�Yments of Fanda.If the '� r..
<br /> ; �ou�t of tbe Fu�ds beld �Y.�� Barro�ver or to Borro�ver on, ..: `�,�':;:
<br /> by Laedtr i#rop�c aulBcieat W pa�tha e�w►items wt�en du Borro�ver shall �`�' • �
<br /> ' amouat necasary to make up tlie °► WY W Lender any ';�;:��``�
<br /> de�icie�cy ia one ar more P�9�it at requited by I�ender. . .
<br /> F� UP�P�3�t in fuH of all sums secur�by this Security Instnunent,L.ender shall promptty tefund to Horrorver , . .
<br /> aqy Fut�Ldd by I,ender.ff under pxta�ap619 tlbe Property i��ld or acquired by Lender.Lender s�ll�pply.Ra later .
<br /> t�°�mmed�f�.�i Prior W the s�le of t1�:l�iepertY or its sc�c{ui�iPio�by Lenda.any Fuads held by Ler»der u tAe tima of
<br /> . �p�iavaa'�aet�redit tbesums �'0 .
<br /> a�ainat s+�tod by thrs Seturity Iri�tivmen� •
<br /> �. ���7�b. Unkct a Iicsbk ls�► ,
<br /> PP t��«b�ise,all p.yments mmd�fay t,a�aer uaaer
<br /> F�fihs��d2 sl�ll be applied:&sb W late chsc�.due under the Not�secatKl,to prep�yment di�,nes due und��he � ,<..`
<br /> Nc►r��7�b�d,tqa�nauat;PaYable under par�papl�Z;��a�rth,to icrs�st due;and last.to principal due. .. � .
<br /> ':.: �: Cii�ie�I�„ .Bara�ra s�1i P�Y��w.�nts.char : '
<br /> Property MLirBa msy�attaia pcioritY.uv:'e�this Securrty instru�t, and Bes.fines saa urr�osmons amibutabt�.rr��tbe ;
<br /> k�sehoW p�ya�esrts.or� taits, if any. , ._,:
<br /> - . ���P�Y���tior�ia the manner piaav'rded in ParagraPh 2.or if�ot paic!in tsat iaaarnr�s.Borro�ver shall � '
<br /> pay thaa oa time diroctJy to the person owed paymeri�Borno�wer shall promptly furnish to Lender aU notites of amounts
<br /> . , to be paid uader this parKrapb.If Horro�►er makes these paYax�cs directly.Botrowa sha�l promptty furnish to I,mder �
<br /> ra�aPb evideociqs t1u paya�ents.
<br /> . Hom�ver�hall Praa►PdY dWChuse ar�y l�m Mhicb ha�priority ava this Secnrity InsCa�:s:�a�i ua.�sss Borrow�ar:�aj
<br /> aa�,s in wrltina w tt�e p�yment of tLe abligation sxuraf by t6e lian ia a m�aner aaxptabk to Leadar(!is>},�ontats in Soad ;
<br /> faesTis the l�by.or ddead�against enforcement aF the lien in,k�l Pr�oe��s Mhicb in the I,ender"s�a ' ion ':
<br /> - -- � , �+bat the adeioema►t oP t6e lien or forfeiture of any part of tbc�r � ��to
<br /> opecty;or(c)securra fmm the lii�t�ir.r nf�t�r 1&M�n an
<br /> s�aanx�t u�etory tv Lender subordinanng t6e lirn w t6is Sec�trity Inswmea�If I.ender determina thst any pwrt of'
<br /> � tLe propKtY is:subject to a lien Mhich n�y attain priority over tt�is Sxurity Instrument,Lender ms�give Ho�tro�ver s ,
<br /> ! ���ni the lien•Barz'orver shall satisfy the lien or take one or more af the actions set forth�-�ve w�ithin 10 days
<br /> ' of tbe�ivin j of ndice. �
<br /> � s• H�sr'�Irira�a• BorroMa sball kap the improvements now existing or hemtf�tr erxted on the Property �
<br /> • � inwred apinu lorby5re,haur�inclvda�within theterm"exte��d�+d wvenge„and any r�I�:r hazards for which Lp�kr '
<br /> � reqwnt�nsu:a�ce.Tltis inwranoe sball�e nu�ntainod in the amout�ts and for the oer'sad�s thst i rnr��f..�r����r�. �h. � �. . •" ;_�..
<br /> _ — uw�raa�ca�nier pravioims tne insurarwe sIu1I be choeen by Borro�v�r subjecl to Lerider's ipprovil wbicb s'hall not be - . .�'�'�
<br /> u�newooabiy�vit6beld. �
<br /> � w intunace Poticid a�d rene�vals aha116e aaxptabk to Lender uid s1aU includc a atsndard mortgaae ctause.
<br /> ' i.�er�tli b�:ve tbe ri;ht to hoW tlu policies and rrneMals,tf Leuder requires.Bonower shall promptly give to Lendcr 1.;� ..
<br /> ' aq reodpt:oF�aid pr+emiueu ar�d rene�val notices.In t�e evrnt o��,Borro�ver shaU g ive prompt notice to the insurarice t
<br /> � c�t�+er and I,encier.I.ender may mske proof'of loa iFtrac made PromP�ty bY Borrwver.
<br /> ' �` U°le�L�r�ermd Horm*'erwhenviise saree in ar�itin�,insurancc proceeds:hall he�pplied to restontion or repair
<br /> ����Y�a°d'if�����r�r�s eca�o�nically fnsibk and I.es�der's aecurity is not lessened. If the
<br /> . rataation or rep�ir u not eoonomicaAy fasibk or Lender's ae�surity Mould be ksrened,thc insurana proceeds sMll be
<br /> applied W the suna secuted by this Sc�ur�ty Instruma�t�wLether or not then due.�rith ariy escess pid to Borrower.Jf
<br /> �'a ab�°d°��t)x proper�y�a d�Aot ansrver�vithin 30 days a notice from I,ender that the insurance carrier hu
<br /> aEer�ed to uttle a�cl�im�then I,ender"tnay calloct the imurance prooe�ds.I,ender may ux the prococds�a�epiir or astore
<br /> tlie Property or to p�y:ums secured by thls SecuNty Instrument,Mhelher or not then dae.The 30�day period wiq begin
<br /> -- �rba�the aoti�e is pvea.
<br /> U�1�de�and Horr+�'er otl�erMise agra in Mritin�.aay spplication of proceeds to principd shall not extend ur
<br /> Paapona t'be d�te d�te of the monthl �
<br /> y p�ymtnts referred to in paragraphs 1 and 2 or change the amount of t6e psyments.If
<br /> nadet p�tajr�h ]9 the Property ia acquired 6y I,enckr.Borrovr,er's rijht to any insurance poliCies and proeeods resulting
<br /> _ fnoa�d�mase to the Property priar to tbe scqui:i1;on shaU p�to Lrnder to the extent of the sums secured by this Secqrity r-' -� -
<br /> Imtrument immed�tely prior to the scquisition. �
<br /> -' �' ��M�����l�'ti':1.aueiolas. Borrower shall not destroy,damsge nr substantially J
<br /> - �b�af��he Property.albw the Property to deterionte or cammit waste. IP this Securicy Instrument is on a ieasehold, � '
<br /> Borrower�all roo�ply Mith fhie provi�:oPthe 1ase,and if Borrowrr acquires ke title to the Property,the teasehold and ! l
<br /> . fe+r '�• •!r.s:s srw-r�,.os�:;�,�sysrea to the mergtr in writing. ,
<br /> - �• PrO�� °��'� �b V t�e Pno�ty: M°rtp�e tuon��t. If Borrawer faifs to perform the `
<br /> — ' cw'a�nts and s�reee�aits contained in this Security tnstrument,or thero is s legal proceoding th�t msy signiflcu►tly sit'ect J
<br /> 1�uder':rijLts in tbe Property (sucb as a ptocood;ng in banitruptcy.probate,far ca�demnstion or to enforce laws or
<br /> �t�).than Lrnder may do and p�y for�rhatevet u ne+�xsqry to protect the vslue of the Properry and Lender's rights
<br /> m�be propertY• Lertder's sccions may include paying any sums securad by a lien Mhich hu priority aver this.SeLVrity
<br /> instrumant,sppearin�in court,payina rpsonable attarnrys•feea ar�d rntering on thr Property to make rop�ics.Although �
<br /> _ Leader msy Wce ac6on under[his puagiph 7.Lender does rwt}�ave to do sn. �
<br /> Any unountsdisbursed by Lender under this pirsjrsPh 7 s}ufl become utditional debt of Borcower secured by this r�
<br /> � � Security In.strument.Unlas Bonoaei and Lender agee tb ather ttrms of payrttent.these amounts shnll btar interest from •
<br /> the dYte of disbursement at tht Note rate snd sh�ll be payable. with interest, upon notice from Lendet to Bunower....
<br /> ' taquestinE NYment. . . .. ;
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