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<br /> UNIFl1KNCUY!•NANfS I3oirow�rrandLcridercu�en:�ntund�+grer:��fnU���«. � ��7�" ���1V�
<br /> 1. NApment at Principal�nd lnterest; Prepayment and I.Ate�hargcs. fiorra���rr�hall prc�mptly pay when dur
<br /> �he prmcipal��f nnd interetit on�hc dcbt cv�denccd hy�he Nc�te ai�d an}�prepn}ment und latc�charge�due undr�the`ote.
<br /> 2. Fund�for T�xes ond Insur�nce. Subjert to Applicnblc la���or to;e«•rutrn wa�ver b}•l.rnd�r,Ho�row�cr�hall pay�
<br /> � t�l.ender on the day monthly pnyments are due under thr N��te, un�i) the N�te i�pa�d in fuU,a sum("I�unds')equui t��
<br /> ane•tweifth nf: (a) ycarly taac5 and assrs�mr»ts which may att�in priority orer thi� Sctiu�ity instrunient; (b) ycarly ,
<br /> leasehald paymen�s ur ground renis o�i the !'roperty, if nn��: (cl y�enrly hnr.ard msurance premiums; and (d) ��ea�l��
<br /> mortgage�nsurance p�emium�,if any.'1'hese items ure called"escro�v ttems." Lender may estimate the Funds due�n the
<br /> hasis ot'cuttent data und reasonable estimates af future escrow items.
<br /> The Funds shall be held in an institutian the deposits or accaunt��f which are in�ured nr guar�nteed by a fcdcrai ar
<br /> state agrncy (including Lender if Lender is such an inctitutian). Lender shall apply the Fund�to pay the escra�v ilems.
<br /> I.ender may nat charge for holding and applying the Funds,unalyzing the uccau�t or veriPying the escrow items. unless
<br /> Lertder pays Borrower interest on the Funds und applicable law permi�s Lender to make such a churge. Borrawer and
<br /> Lender may agree in writing that interest shall be paid on ihe Funds. Unless an ugreement is made ar applicable law
<br /> requires interest ta be paid,Lender shall nat bc required to pay Borrawer any interest or earnings on the Funds. Lender
<br /> shall give ta Bc�rrawer.without charge.an annual accaunting of'the Funds showing credits and debits to the Funds and the
<br /> purpase for which euch debit ta the Funds was mude.The Fuads are pledged as additional security for the sums seco�red by
<br /> thisSecurity Instrument.
<br /> � !1'the amount of'the Funds hcid by I.cnder.together with the fature mnnthly payment�vf Funds payable grrior to
<br /> the due dates of the escrow items,shall exceed the amount required to pa?ehe escrow items when due.the excess s�Cat!be.
<br /> At Borrower's option,either promptly repaid to Sorrnw•er or credited to Sonower on manthly payments of Fuctds,If the
<br /> amount of'thc Funds held by L.ender is,nvt yuff�cicnt to pay the escrow items when due.&�rrawer shall pay to Lec��ee any
<br /> amount necessary to make up the deficiency in une or more payments as required by Lertder.
<br /> Upon payment in full of all sums securrd by this Secunty InstrumeRt, Lender shaU promgtty Qefund to Borrower
<br /> any�unds hcld by Lertder.If under paragraph 14 the Property is sald ar acquired by Lender.Lender sttall apply,no later
<br /> than immediately prior to the sale of the Propert�ar its acquisition hy Lender,any Funds held by Lender at the time of
<br /> applirativn as a credit against the surtts�ecured by this Security lnstrument.
<br /> 3. Applicatioe of Psyments. Unless applicable la�s p*ovides otherwise, all payments received by Lemdes ucsder
<br /> paragraph�1 and 2 shal!br applied:first,to tate charges due under the Note;second,to prepayment charge.�due uc�der the
<br /> Note;third,ta amounts payabte under paragraph 2;fourth.to interest due;and last.to principal due.
<br /> 4. Charges;Liees. Borrawer shall pay all taxes,assessments.charges,fines and impositions attributahte to the
<br /> Property whtch may attain prionty o�•er this Secunty In�trument, and leasehold payments ar ground rentc, e£any. .
<br /> Barrower shall pay these abligations�n the manner pravided in paragraph 2.�r if nat paid in that manner.Borrower shall : .
<br /> pay them on time directly to ihe person owed�uyment.Borrower shall promptly furaish to l.ender all natices of amounts ' �
<br /> ta be paid under this paragraph. If Bc�rrower makes these payments directly, Barrower shall promptly tirrnish to Lender �.::r�..`
<br /> receipts evidencing the payments. i '
<br /> _ Bnrrn�•er shall promptly dischaz¢e any lien which has Qriority over this Securitv Instrument unless Barrower: (a) t_�r
<br /> agrees in writing to the pay ment af the obligation secured by the lien in a manner acceptable to Lender;(b)contests in good ���
<br /> faith the lien by,or defends against enforcement uf the lien in.legal praceedings which in the Lender's opinion operate to ;;
<br /> prevent the enforcement of'the lien or forfeiture of any part of the Property;or(c)secures from the holder of the lien an .
<br /> agreement satisfactory to Lender subordinating the lien to this Security Instrumeni. If Lender determines that any part of --
<br /> the Property is subject to a lien which may attain priority aver this Security lnstrument, Lender may give Borrower a �
<br /> notice identifying the lien. I3orrower shall satisfy the lien or take one or more of the actions set fi�rth above within 10 days -.
<br /> of the giving of notice. �
<br /> 5. Har�rd Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property �
<br /> insured against loss by fire,hazards included within the term"extended co�•erage"and any other hazards for which Lender .�
<br /> requires insurance. This insurance shall be maintained in the amounts and for the peric�ds that Lender requires. The
<br /> insurance�rritr providing the insurance shall be chosen by Borrower subject ta Lender's approval which shall not be
<br /> unreasona6ty w�thhcld.
<br /> All insurance policie+and renewals�hall be acceptable to Lender and shall include a standard mongage clause.
<br /> I.ender shall have the right to hold the policies and renewals. lf Lender requires, Aorrower shall pramptly give to Lender .
<br /> al!receipts of paid premiums and renewal notices. !n the event of'loss,Borrower shall give prompt notice to the insurance
<br /> carrier and Lender.L.cnder may make proof of loss if not made promptly by Borrower. !:.�''
<br /> Untess Lender and Barrower otherwise agrec in writing,in�urance proc:ecds chaU be applied to restorativn or repair '
<br /> of the Property damaged.+f the restoration or repair is economically feasibEe and Lender's security is not lessened. If the
<br /> restoration or repair is no2 econamically feasible or Lender's security wo�[c�be lessened, the insurance proceeds shall be
<br /> applied to the sums secured by this Security Instrument, whether or not t[z�n due. with any excess paid to Botrower. If
<br /> Borrov►ec a�a.,*cdons the Propeny,oc doe�:not answer within 3Q days a notcce from F.crcfer that the insurance caGrier has
<br /> off'ered to�ttle a claim.then Lender cmay collect the insuranr�proceeds.Lender maf u�the proceeds to repair uc.restore
<br /> the PropeRy or to pa}�succss secuFed by this Securiry Instrument, whether err not then d�ie_ The?0-day period wiil begin
<br /> s�hen thc notice is gi�ecr_ .
<br /> Unless I.ender an�f Borrower otherwise agree in writing�any application of'praceeds to griRCi�I shall not extend or
<br /> postpone�ne dne date of the montE�C�•�ayments referred to in�c_ragraphs 1 and 2 or change the ama��Rt of the payments. if
<br /> under para�aph 19 the Properry is zc�uired by Lrnder,Borraa�er's right to any insurance poluces a�id proceeds resulting ,
<br /> from damage to the Pra�erey pnor,tr-�he acyuisition shal)pass to Lender to the extent of the cums s:c�red by this Security
<br /> lnstn�ment immecicareCa��cier to tFte atquisitian. ,
<br /> 6. Preservatiam uad'1��n�eaance ot Properfy;Leaseholds. Borrower shall not destroy,damage or substantially
<br /> changt the�C�ruperty: a[L'�v6• thr P'r.��rty to deteriorate or commit waste. If this Security Instrutnent is on a ieasehald,
<br /> Borrower�sltal�campiy with the pro�isions of the lease,and�f Borrower acquires fee title to the Yroperty,the te�sehold and .----- <
<br /> fee title shalf n�t merge ur�tess Lendet agrces to thr merger in wnting. i
<br /> 7. ProteMinn aE Lender's Rights in the Property: MortRaqe Insurance. If Horrc►wer,fa�ls to p�rf'urm �he i
<br /> ec�venants and agreemtac,,contained in this Secunty Instrument,or there iti a legal proceeding that may�s�gnifieantly aflect •
<br /> Lender's rights�n the LTroperty (�uch as a prc�ceeding in Q�ankruptry. probate, fc�r rondemnat�on or to enfnrce lawti or •
<br /> regulations),then Lender may do and pay for ahatever�s necessary tu protect the value of the Property and Lender'�rights �
<br /> �n the Property L,ender's act�ons may �nclude paying any sums secured by a lien which has pn�>nty o��er thi�Secunty ��
<br /> L Inst�ument,appcarin�t in court.paytng te�sunahle attorneyti fees and entet�ng an thr 1'rupertc 1��rn:�kr rr�airti Ahhuugh �
<br /> I.enc',cr may take act�rm undci th�s paragraph 7.Lender does nut have t��da so.
<br /> Any am��untti dwbur�ed hy I.ender�uidcr thi�paragraph 7�hal)bernmr:�d�iw�m:�l dcM��f N��rr�iurr�e�•ural h�ih:•.
<br /> !+�cur��y In�ltumcnt. l�nl�w�ft�rn�wer and 1 ender a�ree t�,other terrm c�F��iyment.thr�e:un��u�u�.hall hr;u intrrr�t fri.m `��
<br /> tlte e!ate ��f d!4h�!r�emcnt �rt the N��te ratr ��nti1 tihal! he {�n}shle. Krth in�cn,l. u��m nnUcr frnn� 1 ciidr� t�• H,�rr��wcr �
<br /> teque�unK p�yrnrnt � :�:
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