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<br /> �•.,. . . UNIFORM COV[NANTS Qorrower and Lender covenanl end ag ree a4lollows: Qr,______
<br /> :;'`,f4tt.�::,,3,•��,h , 1. P�ym�nlolP�Inelpal�ndiMmsl;Pnpaym�nt�ndLd�CA�rp�s. Borrowarahallpromptlypeywhenduethe __-
<br /> �,. �, _ p�Inolpal 01 end mterest on the debt evldenced by the Note and any prepayment and late charges due under the Note. —
<br /> � -• �= Z. FundslorT�NO�andltfauranc�. Sub�octtoApp��ceblelewortoawntlenwawerbylender.8orrowershallpfly ___ �
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<br /> '���i;, �•`;.�� � to lender on the day monlhly payments are due under the Note.unttl the Nole�s paid m lull.a sum("Funda")equal to _—_
<br /> �'' cA"'�'"�"'�`'� one-tweHth ot. (a)yearly taxea and assesaments which mey ettam pr�ority over Ih�s Secunty I�strument:(b) yea�ly —
<br /> .�+a:�'�
<br /> � �`��': leasshold poymeMs or�round ►enta on!he Prqpe�ty,II any: (c) yeerly haierd insurance p�emiume�;�nd(d) yearly �.� _.y � _ :
<br /> "'`" ' mortyaga�nsurance premwms,�f any These dema are called"escrow items" Lender may esUmale the Funda due on ihe
<br /> :i:14-�1'f-•�•��t.1 �� '. . 1'� y .
<br /> basis ol current dete and►easonable estimates olluture eacrow items. �,�„�„�-_----
<br />= - " • �'�'��{;: TheFundsahallboheldmaninstdutionthedepaadsoraccountsolwh�chare�nsuredorgueranteedbyaledeialo►
<br /> � ,� ' ` stale agency(including Lender it 4ender�s such an instiluUon) Lender shAll apply the Funds to pAy ihe escrow iteens. m_ _ ____ _ _: �.__�._.
<br /> '' � ' Lender may not charge to�►+oid��g and applyiny Ihe Funds,analyzing Ihe accou�!or venfy�ng the escrow�tems.urtless "`
<br />'_•�'.���'•',�� Lender pays 9orrower��terest on the Funds and applicable law perm�t s Le�de►to make such a charge Borrowev a�d
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<br /> "• lender may agree�n wnt�ng that�nterest shall be va�d on the Funcls �.l��ess aR agreemenl is made a�app��cabte�aw .��-
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<br /> - � - � requires�nterest to be va�d.Lender shan not be requaed to pay 8orrowRr any�nterest o�earmngs ore theF�nds Lender ��=,.�.'_ , , .
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<br />-_ .. . shallgrvetoBarrower,w�ihoutCharge.a�annud�aCCOUnt��gO�theFuedsshOwingcreditldnddebitslotheFundsa�dth@ fr;;.,+.,;. 1,}?:,..:,,,,:. , �.
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<br /> �� ' , ,,:. . . . putpOSe for wh�ch BeCh debrt�o the FundS w8S made Th@ Funds arp pl@dged as eddil�Ondl SeCttnt fo►tne sums secured � (�i�•�f`••;'� • � „
<br /> , . � by Ihe Security Instrument �F�t��li{j,�i��-�'��;��7"' -
<br /> ... �';��.�� 11 theamouM ol the Funds held by Lender_togcther wdh the luwre montnly paymeMs ot Funds payab�ev n o r t o t he �t.�eti4rj�. ,1���.•ri��.,;��,�,p?y
<br /> .:'{�, rw+�•:•� ; due dates ot Ihe escrow�tems,shallexceed the arr�e��nt requ�red to pay the escrow items whendue.ihe excessshall be.at `�:�� `�Y�����it%a="'
<br /> . ' , .:,.� .... ments of Funds.Ii ihe ''•'•�f�};t,4��*`,<;`•::
<br /> • ��?1)!`.`± :' '• � Borrower's opt�on, Either promptly repa�d to Boir,;ver o:rr�d�ted to Borrower on monthly pay ;;+� .�-„�tt,:,,...
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<br /> � � ' amounicr�'1heFundsheldbyLender�snotsullicienttapayt�eescrawdemswhendue.BorrowershallpaytoLenderany ;��};�,�;��t�:;.�:
<br /> �;����`�'�-'f, ��'i amouM n2cessary to mdke up ihe def�aency in one or more paymenis as �equired by Lender ;'���;•. ,,
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<br /> •l�'�"���u`•�� ���� ' Uponpayme�t�^1a11otallsumssecuredbyth�sSecunfylnstrument.Lendershal1prompt1yretundtoBorrowerany
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<br /> ���„!' � � Fund8heldbyLenderl9,�nderparagrnphl91heProperlyiSSOldoracquuedbyLender.Lendershallapp�y.nolaterihan y!, , '�'°_
<br /> • ��, ° ���u`i� ..�. immed�ately pnor to the sale of Ihe Properly or ds acquis�UOn by Lender any Funds held by Lender at the Ume ot i:tr�'�;!;�__
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<br /> . • y f�.:;,;���, A�pl�cal��n as a credit against the sums secured by this Security Instryment
<br /> :':,•, • '�1�{"{•�.';� 3. Appllulion ol P�ymQM�. Unless appl�cable law prov�des o�herwise.all payments received by Lender under ! ��..,
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<br /> '',� .� � • � %�;�4`��• paragraphs 1 and 2 shall be applied t�rst.to late charges due unuer the Note:second,to prepayment charges due under
<br /> � ����'�if�` '�'�"a'•"�E j the Nele:Ih�rd.to amounta payable under paragrnph 2.tourth.to mterest due and last.to prmc�pal due � �:+===-
<br /> ,�'�F~"`T�""" t"' � �. Ch�rqes:Llens. Borrower shall pay rill taxes.assessmencs. cnarges. imra and+mposdion�att;ibutable!o the `.:_ —_,-- ��
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<br /> �� • �'�.�f,��,� . Property wh�Ch may atlain pnonty over this Secur�ly Instrument, and leaseho�d payments or ground rents. d any. � �.��.�"
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<br /> •, • �?r���'��';.;. • ��i�; Borr�we r sha11 pay these obhgabons in the manner provided m paragr�ph 2.nr it not pa�d in that manner.Rorrower shall -
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<br /> + � t, ���1��`• a lhemo�fimed�rectlylolhepers�nowedpayment Borrowe�sh�IlpromptiyfurmshloLenderallnot�cesolamountsto i � , .���}.
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<br /> •,..f�. be paid unde� th�s paragraph If Borrower makes Ihese payments dvecffy_Borrower shAll prompUy lum�sh to Lender t, ,,;. •:�:•.� �
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<br /> `• 2 • �ece�pts evidencing Ihe Dayments � ''
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<br /> Borrowersh�l' pramptly d�scharge any I�on which has pnorilyover th�5 Secur�ty Instrurnent unless 8orrowor(a) `��rr,�
<br /> , " agrees in wnt�ng to Ine payment ol the obligat�on secu�ed�y Ihe I�en�n a man�e�acceptable to Lender.(b)Contests in
<br /> � good laith the lien by.or defends against enforcement ol Ihr I�en�n. iegal proceedings which�n the Lender's op�mon
<br /> •� operale f o prevent the enforcement o!tli�ben o r lorfPiture ol any parl of Ihe Property.or Ic 1 sec ures trornlhe holder o1 the � . , „ ,��::
<br /> IienanagreerttentsaUStaClorytoLendersubordmatinglhchontoth�sSec.untylnsUument IfLenderdetermmes�hatany 4 •qr,;_'_
<br /> , � - perfoflheProperty�ssub�ect!oahenwhichm;�yattainpnontyoverthisSecw�iYlnstrument.LendermAyglve8orrowera ;� :
<br /> • . not�ceideMifymgthetien Borrowershallsal�Slythel�r.nort�keoneormoreollh�fltliOnSSetforlhabOV?Within10d8ySOt �`� �' :`
<br /> ., .';.�.i�', the giv�ng ot noUce � , ., ,..'' �1�..� :
<br /> ,•��.,: ,.. , �4r,•. �, _
<br /> : .,;":,.,„ 5. Ha2ard(nsu�ance. Bor•ower shall keep the improvemenls now e:�sting or hereaite�erectetlo�I�e Propp�t•; i . /.,. °���-.
<br /> :�"�1.��,�}:�_:�� insureu a)�in5�loss by hre.ha2ards�ncluded wdhm Ihe term"c•xlenAed coverage"and any othor hazartls tor wh�ch ' ',ti���::,'. ;>'�•,����-
<br /> : ;;,,�����.?�',.' Lender requires�naur��nCe Th�S insurance sh�ll be ma�nteinotl�n the.+mounts�nd for Ihe periDds thAlLender requi►es. �. , � �,��,. ::�, ., .
<br /> `�;.��'" - � +'�� The msurance carner prov�ding tha�nsurance sh�ll bechosen by B��rower sub�ect lo LendP��s approvel wnichghall not be ��.; ,'.,kr''�
<br /> i f. � � .
<br /> � � p�?<;�.;!{,�� .",; unreasonablywdhhcltl
<br /> �'. , �'k i�`�y• All msurance policie5 and renewa�s sh:�1i he acceptahie�to Lender and shau�nclude a slandard mortgage Clause. � + ''�'�`��'''�
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<br /> c�_.,�.,�•y'ri�;,.•.. LendershallhavetherighltoholtllhepohcieSFintlrFnewala I'Lende��eq�ures Borrowe�£.ha!lpromptlygivetoLenderall � t�••�„ , .
<br /> k•r.;i�vt+��';_�1. } -,,...
<br /> 5..�,.��,.. �eceipls of pa�d premiums an�renewal noUces ��the eva�t of loss Borrower shall grvP piornpt noticelo 1he msurence ''
<br /> , h• ' cArner and Lender Lender may make prool o'�nss d not m9ae prompUy t•.Borrower ���d to reslo�abon or re a�r ��
<br /> ��5� UnlessLentle�andBorrowerotherwiset� ItfP��Wf11if1 insuranCep•nCeaysshallbeapp P <<•� . '
<br /> � •• ,
<br /> • pf the ProOer!ydamaged.�f the�estorabon or repan�s econom�cally�e�asibie a��Lender s security is not lessened Il lhe ! . , '
<br /> rest0'a4�.^�o•repH�r�s not economiCn��y�t':�s�bleor Lender s sPt.u��tytivuuld bB Ip55ened.the in5urenCeproceedSSha11 be •
<br /> appbe:' ta t�e sums secured by Ih�s Securdy 1 nstrumr�nt.whetnc•�e� �nt t�r���u�.w��n an� eacess pad to Borrower It �, (�. �
<br /> ' Borror,��abandonstheProperf{ o�doesnot answp�w�lh�n:���f'Pd5 L�E'�tlF�maLestlthe aoceedst^�raa�rorresb?�
<br /> ,,�•t"':ti pfleredtOSettle�tla�m thenLe��Prmaycoi'��c••^:..�surarce� . Y P .
<br /> . , Ihe Properly a to pay sums secu�ed by th�s S-�;,. ••,InSt�ument.whc�thp�o•^-'mc�n due Thr 30-day C F•���wdl bo9;� �
<br /> when the nqUCe�s grve� •
<br /> ,.�� •' •�:°�'.� ,J"�essLender:tndBorrnw�•�rn.�nv�seag�ee�nvin!�rn� e'•tiVPl�c�jt�unotproccF"s': :'nc�palsha��nOtext�r:!�• ���`'
<br /> :� ' �� � mPn�=reterre2t� �:a'+qraphs�and'1orc.rar�,::�•�amountofthepayme�'F. .' . .
<br /> posxc: -F1he due date ot me mc t�i�pdY -
<br /> unde�paragraDn�9rneProprrty�s.�cu�nre�r w�er�7��r Bo•rcNrr 5��qhlt:a����suranCeFcuc�esando�oceedsresu�bng y;� , �;
<br /> � •-T�•-�?wtento�theSUmSSr.cureQby�n�SSBWnty '
<br /> ` , :� Iromdamage tomo�rope�ly F��wr to Inr aca"�•;�n,-.n-;n,�n p.qssto Lond�'
<br /> Ingtrument�mme�7�alely pnur to th�acqi:�v��•���
<br /> 6. P�e�ervation and Mafntenance of PsepertV:�easet�ot�9. Fi:"'''�''r sh,��i not ctestroy or aam�ge o�substan-
<br /> • � � r��u,.�nannc•thnPrnnrrtv :111owIhtP�OperlyT�)Q�'t?��•)rdnFqrc.)^+•n^�tx��5tei�th�55�•wrrtylnstrume�t�SnnaleaSCnold.
<br /> -� . ...� -' ' - �- ' - ° � � nq,y�?rd,:ry�uresle��htlptotnrN���prrtym�ieasei�vivai�u' -.
<br /> i
<br /> 8urrowershallcomplywrththeDiov�yionso�t'�� ���as? .tn],`9,.
<br /> lee tdle Sh811 not mi�ige unl�•55 L�nqer,lqrr.�•: ta 1•^^mi�rqe� �n w���^ .
<br /> t 7. Prol�etlonolLender'�R19htsinlh�I�ropeMy:MOrlyigelnsW�+1tQ ItBc�rrowor4�dst�)4��'rf.,rn�tn�cov��n,�nts
<br /> dnd agreement5 COntamed�n this S�cunty Inst rume�nt rr�he�e��s.��ra a���'���-,',��y,�4�h.�t r^.ay 5���•'��:�j^'�v a��rct l.ender s
<br /> rightS�ntheProper�y�SUChasdpioc�'�'dmq�nbankruptcv prob:tte�i�ico��emnat�C^':r'•��'�<<�n=�'id�Snrr�qul:it�onSl
<br /> then Lender may do and P�Y for wh��tevei�5 nperssary to p�otrct tr�r�a�ui�ot tn�Pr.^���:�ty.ind L enAe•r s r�qhts�n thr
<br /> Property Le��der 5 �1cUOn5 may �r�Clude P��V�ng dny Su�»5 Si�CWP�1 h�� .�I�e+n �yhn.h hd5 pi�ui�ty ovl'r �h�s S�'GUrlty
<br /> Instrument.appeanngineourt pay�i�g�easonab�Pattu�n��y� IPPg:7ndPnienn9Unth�+penpertytq�ttakerrpaus Although
<br /> . Lende► may take act�on under In�s paraqraph 7 Lender does not nav��to ao so
<br /> , ' � � AnydmOUnts diSburSed by Lender under th�s pdrdg�:tph 7 shall become add�hun,ii di�bt ol Fiorrowt�r srcumd bv Ihis
<br /> Secur�lY��strume�t Un1es5BorrorveiandLenderagreebothert��rmso�pavmenl the5e�m��unt5r'�l'i1bli;'�',t�'sf`Wm
<br /> Ih@dateol d�SburSemi�nl dl 1hP N01P�dIP dnd Shd��C�t`pdV•lhlr� W�th �'i1r��•5t ul����� ^��bt ��
<br /> i requestng payment
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