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<br /> �::..:.� 91-100079 ����_._----
<br /> � •��`�"��'i��-k���"��C UNIPORM CQVENANTS. BOROWlf wild LttldCf COVell�ttt aild igfeC As(ollOws: '
<br /> . �- ;�� - `''x'i"�"�''��• l. P�y�at of PriMdrl�d l�t�t;Prtp�f�qent�d L�k C�ar'R� �rcower sh�ll promptly paY when duc ���-='�-
<br /> ment and late chargrti dua undcr�he Note. ��=_-
<br /> . ,.�_ tLe principal of�nd interat on the debt evidencxd by tha Note and�ny prepsy =
<br /> � •• " '�' 2. Fupd�for Taxe�a�d Innra�c�. Subjeot to applicable Ipw or to a written warver by Lendcr,Barrowrr xhall pay ____
<br /> fi�'� �. �v �� ta La�der on the dsy monthly payment�ue due undor thc Note,until the Note ia paid in full,a�um("Fund►'7 equol tu �..—__
<br /> �n,r�_, , _
<br /> ,� ',�.�y.,;. onatwdflh ofi (�) yearly taxes �nd �ssasmcnts which may auain priority over �his Security Insirumenr, Ib) yca�ly �Y__
<br /> , �,"�•• � , �:-.,.--_
<br /> • � -�•'- • {p�ehold psymenu or grouod rrnts on the Property. iP aey; (c) ywrly huard insuronce premiums; und (d) yearly
<br /> • '��Y�,. ��.i:_:'..,��_'
<br /> ,.,•r.r�•;,� . •' m o r t�aQe insu r�n c e p r e m i u m s,i f�n y.T h e s e i t e ms are called"cscrow items."Lender may estimate the Funds duc on the
<br />.....___ • 61�:�'...''._�.._.
<br /> ._.. .
<br /> barir of current data and rasonable estirtwtes of fucurc escrow�tcma. _____-
<br /> ��1'� ��F`.`�•'� The Funda ahall be held in an institution the deposits or accaunts of which are insured or guarunteed by a federal or ""-
<br /> "' �'.� • et�te egency(including Lender if Lender is such uo iastitution).Lender shall apply Ihe Fundr to pay the escmw items. °�'
<br /> �! ' � I.ender mey not cherge ior holdin�and applying the Funds,analyzing tbe accaunt or verifying the escrow items,unlesti �� ��,.
<br /> .�.i�.. �•• -�- -,.;. �-�
<br /> w u� � I.ender pwys Borrower interat on the Fu�ds and applicable IAw permits Lender�o make �uch n charge Borrower aud � ,,,,,�,,,��-�,�;,;
<br /> „�F;x�,_ ;, _ " Lender may agrce in writing that interat shall be paid on the Funds. Unless an ugreemen�i.made a�upplicoble law ^ 4
<br /> ' _; s requires interest to be paid, I..ender sh411 not be required to ps►y Aorcawe�any intere+t or earn�ngs un Ihe Fund+. Lrnder -;r���{7f��. ., �j��,T.
<br /> _.-';'; . d y;3ws���_�'_....
<br /> �__ ,_,. 1 � ' . slull give to Borcower.without charge,ao aonual accounting of the Funds showing credits and debit��u the�unds aad the :,.,., . ; :i, _
<br /> - � purpose for which each debit to the Funds wxs made•The Fuods arc pledBed as addi�ionul secu�ity for�he sums secured by ':�• .. •f<<���'==�::
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<br /> v • ' .. ��1IS$OCUfII��IISlr11111�11t. �`,,
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<br /> li'Ihe amount oi'the Funds held by Lcnder.together wiafi arie future monthly payments uf Funds payable priur t.� , .��j;,;:'���",T
<br /> ' tiu due dates of the escww items,slwll eaceed the Amount requored t�•pay the escraw items whLn due,the excess shall be, t' �`�.�;°(��Fi:�'
<br /> • � � at Borrower'9 option,ei�bee promptly repaid to 84�rroK er or credited ta&�m,wcr�n monthl��payments af Funds.If�he ,- �•,;,<. 1��;
<br /> ;;,:�. !.„ ._ , amount of the Funds held h Lender is�ot suf�:ie�aa u�, the esctow items wh�n due,Borrower shall pay ta Lender any j5-
<br /> y �Y � , A�.-
<br /> "•"� �` sunount necessary to makt up the deficiency in one or more puyn,cai�as requircd by lxnder. ,��+��^�••.__ -
<br /> • w���;=
<br /> '�'�` � " ` ''���t ment in full of all sums aecured by this Secucity lnslrument,L.endar shall prampdy refund to f3orrower � S�'�"`--
<br /> , ,�.�.i:;•�. Upon pay •' t•,�:��_.T.
<br />_�,u'. , . � �••:::�,
<br /> ' � � ��'.i��� ,any Funds held by Lender.If under paragraph 19 the Propeny is cold ar acquir�d by Lender,Lender shall appl>.no later r
<br /> � than immediately prior to the sale of the f'roperty ur its acquisition by Lender,any Funds held by Lender at the time oP �•�; : ;� .:
<br /> '; , applicsttion as a credit against the sums secured b�•1'his Security lnslrument. '.'�'"'"`'"�
<br /> �i.
<br /> •�;�!�r:< ;:
<br /> • 3. Application o(Paymeata. Unlas applicable law provides otherwise,all payments received by L�nder undar , .;
<br /> �;."• � ppragraplu 1 and 2 shall be applied:fi�st.to late charges due under the Note;second,to prepayment charges due under the ,_;T;��.�`,_.,,,;�
<br /> " , `t�`�. . Notr,third.to amounts payable under paragraph 2;fourth,to in�erest due;and lust,to principal due. • _.
<br /> • 4. G1uvBes;Liens. Borrower shall pay all taxes,ass�sments,charges,fines and impositions attributuble to the ; r-.v,;.�•��-: -�
<br /> t '• � propeny which may attain priority over this Securiry Instrumtns. nnd leasehold payments or ground ren�s, iP unY• :,:�
<br /> ti;�� Borrower shall puy�hese obligatians in the manner�►rovided in paragrnph 2,or if no�paid in that munner.Borrower shall �:. `:
<br /> ,,,:;;: :, -.:,. , .
<br /> '�:��:�-�� �-��• - � pay them on time directly ta the per3on owed payment.Borrawtr.rnall prompUy Pumish to Lender all no�ires of amounts ,;�.,__
<br /> =� ,r,:•. eo ix paid undei this paragraph.St'Sor:oua snslces sltae pa�!+±ent��irectly,Borrower shall promptly furnish to Lender _,�;�,:,•__.�;;;•�,.�
<br /> �y..;1�� • �"'�'��' � rcceipts evidencing the payments. �," �
<br /> ' � Borrower shall prompdy diseharge any lien whieh has priarity over[6�ic Sccurny Ins�rument unless Borrower.(aD � .•.c: ,:
<br /> agrees in writing to the payment oPthe�bligation secured by the lien in a manner acceptable to Lender;(b)contests in gaxl „ �
<br /> ' � faith the lien by,or defends against enforcement of the lien in.legal proceedings which in the Lender's op�niors operuta ro f-�, . •_�:-
<br /> ,..�
<br /> `� � prcvcnt�he enPorcement of the lien or forfeiture oF any part oi the Propeny;or(c)secures from the holder oP the lien an „- ;
<br /> •'�'� . _�,jr�::, ' agreement satisfs�ctory tu Lender subordinnting the lien to this Security Instrument.If Lender determines Iha[any part oP � . . :�.�.:
<br /> � '."-��:�� the Propeny is subject to a lien wh�ch may utlnin pnority over this Secur�ty Instrument. Lender muy givr Borrower n •
<br /> . . -'':�;�-'��" notice identifying the lien.Borrower shall satisfy the lien or tnke onc�tt more of the actions set furth ulx�ve w�thm IO day+ � � ^M^•�
<br /> �'_�j„�� ofthegivingofnotice. ..
<br /> `•' S. H�rd lesur�nce. Borrower shall keep Ihe�mprovements now existing or hereafter erecled�n�he Property �•
<br /> insurcd against I�s�by Rre,hazards included within the term"extended coverage"and any othe�hnzarJs fnrµ•hich Lender • �
<br /> ','., •� ,� � , requires insurance. This insurance shall be maintnined in the umaunts and for the periads thnt Lender requires. T�r �A
<br /> � • � �,. ,, insurance carner providing the insuranca shnll be chosen by Bor�uwer subject �o Lendrr's approvul which sball nna @�e "�.�,,.:, ;
<br /> :"�; , unreasonablywithheld. � •!'�i;'�, .,
<br /> • • ., ' All insurance policies und renewal��hull be acceptable to Lender and�hnll include a�tandard mo�page clause. � �'`i+
<br /> ' Lende�shall hav¢�hz right to hold the�ol�cies and renewal�. If Lender requires,&+rruwer shall promptly F�ve to l.ender ;�. , ; ••• +i.
<br /> � � ^�� aU recaipts of paid premiums and rer�wal notices.In the event of I�n�,Borrower+hall give prampt natice to the insurAnce , • .;,� �;,=.. F,"a�',.'s
<br /> :i.� :..'.'�.!>'��
<br /> •• . � camer artd Lender.Lender muy make proof of loss if nat made prompU�•by&�rrower. • .; ;'4;,,i; •�
<br /> ' � � Unless Lender and Borrowrr otherwise agree m wnung,mwrance pra:eeds shall be applied to r..�tornhon or r�p:.ir
<br /> oithe Property dam�ged,if the resturutwn o�repair is economically feasible and Lender'�secunty is not les�ened• If the ;
<br /> ' . • restorntion or repair i4 not cwonomtcally feasible or Lender's+ecunty would be�essenecf. the insurance pra:eeds shall be f�
<br /> � applied to the sums secured by this Security Instrument,whether ar not then due,with an�excess paid to Borrower. lf
<br /> Borrawer abandons the Propeny.or dcies not anawcr within 30 duy+•r nutice 1'rom Len�€r that the insurance carri�r ha� � ,'
<br /> ' ofl'ereil t�n srttlr•r cla�m,then Lender may collect the msurance pr�eeds. Lender may use alhz Aroceeds ta repair or r�torr
<br /> Iht Pr�nve�y ur ta pay sums scc:ured by thic Secunty In�trumen�,whether ar not then due.The 30-day penod w���beRm .
<br /> '. whem ahe noticr is g�ven.
<br /> Cnless Lendcr:►m1&irrow•nr othera•i�e�grc�m wnunti.�n�•appGca�ion��f prcxeeci.tu prmc�pal shall nut eztenc!��r
<br /> i��,';��� postpt�r.e:he due Jatr uf�he munthLy payme�us rePerred to it��rzr.agtaphs I;+nd 2 or chan�te th�e amiwnt ot thc pa�'mror,.If
<br /> ' •����"�'�� ' undrr, , a ra h IQ the Pro rtc a�x: uirr�by Lrndrr,R��r�.nwer'�mFh�to am•inruranc�rn7s�ie�and pr�xeeci�rcwulee�g
<br /> . '.i,.';. ,� T:-•� P Pe 'R
<br /> from damage t�,the Property�pri.c�.,;he acquiriUOn�hall p��•���1_��:��r t��the exicnt af t7:t,::m�.x.•ureJ h� ihi.Sr.unt�
<br /> Inslrument�mmrJ�:�r,<t�prinr to t'.acaryuisition
<br /> 6. Prese�vpd�t�n and'�tyintenance of Property;lxace6olds. B,Tn:c+�ce-.hal1 not destroy.dame�r��r wbstanually +
<br /> ' changr the Pro�xn.. �;;,w► the Fn�.peny� �o detenorate or commit a'utitr. Gr th��Sctiunty Instrumette r���n a le•r.ehold, •
<br /> �• Borrower shall comply w•�th diz�r�°L:�;ians��f the lease,�nd ii Bnrtower acywrc�+f��e utle[..the Propert�,the leaseha►Id aaad
<br /> fee mle shall nrn mer�e unlcw.Lrr.�r agree+to the mcrger in w nnng. •
<br /> 7, protectia� of I.ender's RiRhts in the Property: 11oft{ZaRe lnsur�nce. IF A�urrowrr fa�l. tr prrfrrm rhz •
<br /> � cavrnants and agrrc�n.�utti contamed m�h��Secunty Imvumrnt,ur�hrre��:+[egrl pro�erdmg ihat m.i���gn�6��nth sffrr�
<br />. ..nPnr.•.+ 1���ut .
<br /> . . �--_--====-.. .'.---_...�. ... «..
<br /> Lend�ers rcght,en�he Pr��peny (ruch as � F1rt1CC�d10R 10 b7O�fU�ll'}. �n�i*aic. ia•i �.��..sc.�........... .. .. -•----- ,
<br /> regu[:atc,ns),thrn LenJer rriay d��and pay fiir u�hale�•er is necr�wr��1��pru�rct the�a{ue or rhe Propett} �nd Lendar'•nght. �
<br /> . . m th�Prnpert}•. Lrnder's acn,ma mry indude paying am•.um+.r:urrd by � Iirn wh��h ha� pn�,ru} u�rr Ih��tic�:unty ,
<br /> Instrument,appearmg m�ourt,paym�t reawnable attorneyti fi•e+and entrrtng�m th�nn��ert} tu m�kr rep�in Alrh��u�th
<br /> Lender may t�kr ucuan under thi�paragraph 7.Lender dur+�ot ha�r to do e��
<br /> Any am��unl�di�bur.�Yi ha Len�er under th�s paragr�ph 7+hall br�ume aJJivanai drht��f Hurc��wrr.e.ur�d h� rh�.
<br /> , Secu�tity Inxtrumrm. Unlcy�&�rmw�er and Lender•rgrer to other term,of p•ry ment,th���maunt..hal l F+r.�r intrr��i i r,�m
<br /> ' • �he dna of d�.NurKmrnt at ihr Nole r�Ie and +hall hr pa>ahlc. wnh intcr�yt. �z�x�n n��tiir (rrm I rndrr b� H��rr���.�r
<br /> , . rcquanng payment.
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