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: � � 89-- 10 614 5 UNIFC�RM CI�YkN�N I5 i3nrrawer c+nd L�nder cavenant s�nd agree a�fi�U��w.. 1. P�yment ot Princlp�l a�id Interest; P�eps►yment And l.ete Chnrges, l3c�rrowcr shall promptl� pac �ti�hcn due the pr�ncipal oPand�nterest cm�h�deht evideneed b��the Nt�te and Any prepaymrn�and I.itc�harges due undcr�hr Note. �. Hands for T�xes and Insurance. Subject to applicable I�+w•ar t��a�+�ritten u�ai�-er hy l.ender,8orrowet.rhall p:�y to Lender an thc day monlhly puyme�ts are due undcr�he Nutc, untii the Nate is paiJ in full,u aum("Funds"J equal t� `. onc•eweif'th c�f: (a) y'eariy iaxes and ascessments �hich may attain priurit,r• ov�r Ihis Seruriiy Instri►me��t; th) y��rly teasehold payments ur ground rents on �he Pra�erty, if un�; (c) y�rariy hnznrd �nsur�n�r premiums; aud (d) y�arly nmrtgage insurance premiums.iP any. Thcse items are callec!•'esc�aw items." Lender may estimate the Funds dur cm the basis af current data and reasonable atimates af future cscrow•items. The�unds shaU be hald in an institutian the dep��sits or accounts of which Are in�ured or gunran�eed by u fecier�l ar ' state agency (including Lert�ter if I.ender is such an institution). Lender shall apply ihe Fund+ta pay the oscmw items. Lender may nat charge for halding and applying the Funds.analyzing tha accaunt or veriiying the escraw items. unless Lender pays Borrower intcrest on the Funds and applicabie!aw permiG, l.e�der to make such a chnrge. Sorrower and I.ender may agrec in writing thAt interest shaU be paid on the Funds. Unlesss an asreement is mude or applicable !aw requires interest to be paid, Lender shall not be required to pay Borrowe�any interest ar eArnings on tha fiunds. Lender shult gi�e to Borrower.without charge.an annual accaunting of the Funds sho�ving credits and debits to the Funds and the purpose for which each debit to the Funds was made.The Funds are pledged ua additional t�ecurit��for�the sums secured by this Security lnstrument. If'the amount of the Funds held by l.ender.tagether with the future mvnthly payments of•�unds payable prior to the due dates aPthe escrow items,shall exceed thc amount required to pay�1he exro��•items when due.the excc�ss shaU Uc:. s►t Borrawer'�option,eithcr promptly repaid tp Bonower or credited ta Horrov►er on monthlp pa�•ments ot'Funds.lt'the amount of the Funds held by Lender is not sufficient to pay the escrow items�vhen due,Borrower shall pay to Lender any amount necesssiry ta make up the de8ciency in ane ar mare payments as required by Lender. Upon payment in full oP all sums secured by this Security lnstrument. Lender shaU promptly ref'und to Borrowcr , any Funds held by l.ender.If under paragraph 19 the Property is sold or ncqui�ed by Lender.Lender shall apply.no later thsn immediately prior to the sal�oP the Praperty or its acquisitian by Lender,any Funds held by Lender at the time af application a�a credit against the sums serured by this Security lnstrument. 3. Application of Paymeets. Unless applicable law procides otherwise. all payments received by Lcnder under paragraphs 1 snd 2 shall be applied:first,to late charges due under the Note;second,to prepayment charges due under the Nute;third,toamounis payable undcr paragraph 2;fourth,to interest due;and last.ta principal due. 4. G�rges;Liens. Barrower shall pay al!taxes,assessments,charges, fines and im��ition�artrtbutahle to the Property which may uttain priarity over this Security instrument, and leasehold payments or ground rents, if any. ; Borrower shall pay these abligations in the manner provided in paragraph 2,or if noi paid in that manner. Horrower shal] ; � pay them on time directly to the person aw•ed payment. Borrower shall pramptly furnish to Lender all notices uf amounts to be paid under this paragraph. If Borrower makes these payments directly. Borrower shall pramptly furnish ta Lender ; ; receipts evidencing the payments. Rnnnwer shaU pr�m�tly discharre any lien which has prinrity over this Security lnstrument unless Borrower:(a) ��'-' agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lendcr;(b)contests in gaod . ;,- faith the lien by,or defends against enforcement af the lien in,legai proceedings which in the Lender's apinion operate to ` prevent the enforcement of the lien or forfeiture of any pan ot'the Property;or(c)secures from the holder of the lien an '�� agreement satisfactary to Lender subordinating the lien to this Security Instrument.If Lender determines that any part of - the Propeny is subject to a lien which may attain priority over this Security Instrument. Lender may give Borrower a notice identifying the lien.Borrower shall satisfy the lien or take one or mare of the actions set forth abovc within ]0 days _ of the giving of notice. S. H�ard Insuranee. Borrower shall keep the impro�•ements now existing ur hereafter erected an the Property s insured against loss by fire,hazards included within the term"extended coverage"and any other hazards fot which Lender requires insurance. This insurance shall be ma�ntained in the amounts and fur the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Bo*ruwer subject to Lender s approval which shall not be unreasonably withheld. All insurance policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause. _ Lender shall have the right to hold the policies and renewais. lf Lender requires,Born�wer shall promptly give to Lender c°�; . all reeeipts of paid premiums and renewal notices. In the event of loss.Borrower shall give prompt notice to the insurance :.:�; carrier and Lender.Lender may make proof of loss if not made promptly by Barrower. Unless Lender and 8orrower otherwise agree in writing,insurance proceeds shall he applied to restoration or repair �. of the Propeny damaged.if the restoration or repair is economically feasible and Lender's security is not lessened. If the restoration or repair is not economically feasible or Lender's security wuuld be lessened,the insurance proceeds shall be � applied to the sums secured by this Security Instrument.whether or not then due,with any excess paid to Borrower. If Borrower abattdons the Property.or daes not answer within 30 days a notice from Lender that the insurance carrier has offered to settle a claim,then Lender may collect the insurance proceeds.Lender may use the proceeds to repair or restore the Propert}�or to pay sums secured by this Security Instrument,whether or not then due.The 30-day period�vill begin _ uhen the notice is given. Unless ixnder and Borrower otherwise agree in w riting,any application of proceeds to principat shall not extend ur postpone the due date of tbe monthly pa��snents referred to m paragraph�1 and 2 or change the amount of the paymentti. If under paragraph 19 the Property is acq,uired by Lender.Borrower's right to any insurance policies and proceeds resulting from damage to the Property prior to the aequisitiQn shall pass to Lender to the extent of thr sums securrd by thir Security ; Instrument immediately prior to the acquisition. 6. Preservation and Maintenance of Propeety:I.easeholds. �orrower shall not de�troy.damage or substantiall}� ehange the Property, ailow the Yroperty to deteriorate or commit wa�te. If this Security� In�trument is on a Ira�ehc�id. $orrower shaU comply with the provisions of the lease.and if Horrower acyuires fce titlr t��Yi�e Property.the]ca�ehold and %`- `_�- fee title shall nat merge unletis Lender agrees to t hc merger in writing. � 7. Protection o! I.ender's Rights in the Property: �tortqage Insurance. If Rocroa-rr Paih t�� perfi�rm thr rnvenants and agreements c�ntained in this Securit}�lnstrument,or therr is�yegal pmceedin�that ma< <ignifir.intly.�ffrrt Lendec's rights in the Property (such as a proceeding in bankruptcy, prabate, fi�r condemnc+uon i�r to enforre I:��. �+r regulations),then I�nder may�do and pay for a�hate�er iti nece«ar�•tc�pr��tert the valuc��f thr F'r��prrtp and l.endcr'�righ�� in the Property. Lendar's actions may include pa}•�ng any sums serured br a lirn afich ha�� rn��rit� ��<<•r thn 5cruru. � L lnstrument,appearing in court,paying reasnnabte attornec�'fecs and entrring�m thr 1'r��rert� t��makr re�air. Al�h��u�h Lender may take acttnn under th�s paragraph 7,l.endet doe�nat ha�c to di+�o Any amc�unt�cli�burtied b�I.cndrr undcr�lu�para�raph 7 tihall hcr��mc add�tum�l drbt��f Rnrn�ucr �rrurrd h� �hi. � 5cYUnty Inti�rument Unletiti Hnrmwer cind t.ender agree t��ther trrmti��f�ay rncnt,ihr.c.�rnnunt�.h.ill hr:�r nitci�•�t fr�nn �p the datr i�f ditibuncment at thc ti�,tc r.elc and tihall br r<tyshlc. wttl� uttcrr�t. ur��ii ni�t�rr fr�nn 1 <•n�i�•� t�� li�»r��.�•� �'f� rcquc�t�n�:p�tiymrnt i� � •- n.� • ..�