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<br /> UNIFORMCOVENANTS �mowerandl.ende�covenrntand�greeu+fiiUoW.. a� ,R:"�i
<br /> �;., 1. P�y�t of Pri�ciPtl u�d I�terctti�Y�t u�d I.�te(.l��ryler. Nurr��w•rt�M pr��m�d�� pw� whe��Jur �`r4_._..
<br /> :``.a���•�•,; ;�'?� ... t h e p r i rt c i p a l o t'�n d i n t e r a t o n t h c d e b t ev i d e n��ed b y the Nate And An y prr p a ymrnl Aod Iwtr cl�u�g��dur unde�Ihc Nutc. �`�"��'`��'°°�`�
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<br /> - � � !. Fw�dsto►T��e�s�il�Mr. Sul+JxltoappUcablei�wortuaN•�iuenMAi���1►Yl.rn�tc�.l��rruu•e�.hull��• �-.-- ._._. _
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<br /> �t .n. :^�f;�,+•:;�,�' to Ixnder on�hc day monthlY payment�Are due under the Natr,unul�t�r Nrnc i.E+aid i��full.a.um I"I'und.•'1 ryuul�o ,�:R_��. --
<br /> , wx-twelflh uf:lu) yarly taxeti and a�sessments w•hich ma�� atimn pri�►n�y ����rr �hi� S.tiurit}• In�irumrni: Ibl>���rl� ����-�-•__
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<br /> i. ,�,y,.�... .; (easehold payments nr grouad renl�: on the 1'ro�xny. if uny: Irl �•turly hurrrd m,ur�ncr prrm�um*: :uid Idl yrarl� �^4. �-_
<br /> mortg�Qe in,u�ance premium�,ii any.Thrse ilem�Are called"e+craw item�" i.cndrt ma>•.wbmute Ihe I�und►due an the
<br /> � ':.;j�,*�r' .:.''";,'..,',yL��.�, bacizofcu►remdatuandrr�nablcetitimat�wufiuiurcr+�mw•nrm.. • -p �
<br /> '���� �- ���-�"�°""`���' The hunds shall be held in an�nxututtan�he depoc�ts�►r u��:uum�uf Nh�ch ur�iowrrd��r �uarrnteed b .�fcd�r•rl or -"�"�"
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<br /> �'.�.••;•• •��� ,� "''"` state a ncy(includin l.ender if l.ender is cuch an ins�itutinnl. Lendcr�hall u ply ihe i�und+�u .�� �hr ewr�uw itcros. �"'�"��`'=�'``
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<br /> � • ' � l.ender may not charge for holding and applying Ihe Fund�,analy�cing�he acrount or�enfying thr�y.ruw•qem.,unle++ �. �• ��> ��
<br /> Lender pays Barcewer interest on thc Funds und applicable luw•perrnitx I.ender to muke.urh u churge. li��rr�►urr and ��,
<br /> �i�y��'''�� � • ' } .� Lender may agree in writing that interat �huQ be puid on the Fund�. Unle�c�n Agreement i�made c►r applirabte IaW �"
<br />°'L,'!��•�� ' uires�nternt to be aid, 4eoder shall nat!ie uired to Rc�rroWer an intere�t or earning+un the Fund�.Lende� -
<br /> ' c•. i ,� ,� �I P �1 Fu►Y >' �1���-. � .
<br /> ° .�p;.� � .+�. ��_ .�� shrll give to Borrower,v►•ithout charge.an annuul accounting of the�unds shawing credits und dei+itti w�hr Fund+�and the
<br /> �,� {� . •. purpose for which each debit to the Funds a�as made.The Funds are pledgr.d a�additional�rcunty for thr�ums�vcnred by ; ,� 3;;; �„
<br /> -�r,;�;� � .. . ' �-^_x r�
<br /> ,�,� ; � thisSecurity Instrument.
<br /> ;.'� �.�' !f Ihe amount oP the Funds held b Lender,to ether with the future monthly payments of M'unds puyable prior to ���,
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<br />'y' �.;�,i•,".�j'��:,;��±`r the duedates of the acrow•items,sh�ll exceed the amount required ta pay the escrow items when due,the eacess shall be, • a.„ ,
<br /> , ,.;aff�.:;:::.cr. �,
<br /> , .;��.�� at Bonower's aption.either prompdy repaid to BoROwcr ar credited tu Barrower an monthlY PaYments oP Fund�. If the �s---
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<br /> `� ►� � -?.�Q,a' , amount of Ihe�unds held by Lcmder is nat sufticient ta ps�y�he escraw items when duc,Borrower shall puy�to Lender any �".r`��;'�
<br /> ,� '°� �t,�}"��'� �''`'�'�• ' � nmount necessary to make up the de8ciency in one or more pa�ments ac required by Lender. °
<br /> •°�'�"•"''�S rom tl r e f l m d t o B c�r r aw c r - --
<br /> ;.. , ' 'r•.�;,�;;�.�r�, Upon payment in full af all sums secured by this Security Instrument, Lender shull p p y ._;;;;�,_;,,�,�:
<br /> �y�"^' ,'1�3 ' '�'� any Funds heid by ixnder.If under pangraph i9 ihr F�uperiy is sufci or ucquireei by Lencier.i.encier,nall appiy,u�.iulc� � ,
<br /> .�:''; +���,�„`•.y „:.� th�n immodiately prior to the snle of the Properly or its acquisition by I.ender,any Funds held by Lende�at the time aP .'
<br /> �� � , „- ,, „ . �`,�$ applic�tion us u credit against�he sums secured by�his Security Instrumenl. ^�
<br /> '''• ' � :•r;.:•.'' �'' V'��h 3. AppNcatloa of Psymeatc. Unless applicable law provides othcrwise,all payments recei��ed 6y Lender under � �
<br /> .,:,,;r, •:., !� . . ; �.�...�._.�.
<br /> =,�.; j�'•,; � ,� . , paragrephs 1 and 2 sholl be applied:ficst,to late charges due under the Nrne;second,to prepayment charges due under�he ,
<br /> ;��;'����r� ' Note;third,ta Amounts Able under ra ra h 2;fouhh,to interest due;and last,to nnci I due. t�a�—
<br /> a:.. � "� ':. . Pa> W B P P PA �t..�
<br /> ` �. quirQes;Uean. Borrower shall all taaes,ass�.4menta.char es,Hnes und im sitions att�butable to the '�'�`�'
<br /> PsY B Po •:��;:�,,�_
<br /> " Properly which may attain priority over this Sceurity Instrument, s+nd kasehold payments or g�aund rcnts�. if any. ��, �t;`L;s
<br />. �, • Horrower shall pay these obligatlons in Ihe manner provided in psragraph 2,ar if not�wid in that manner,Borrowcr shull �; i�t41'=.=
<br /> them on time directl to the rsan owed a ment.Borrower shaU rom tl Purnish to I.ende�all notices of Amounts ��'`°_—�
<br /> . . , � PeY Y P� P Y P P Y 'y 1`i4s;
<br /> � � .�;; ��: �''� tobe pnid unde�thisparagraph.IF Borrower makes these paymeMs directly,Horrower shall promptly furnish to l.cmder �-,.�s�,.«.•
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<br /> ,..f • ' ,l:;:;'� ��IpI�CYItiC�IGlllif�IIC N71y111C11Ib. ``
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<br /> y.�,,,;;�� Borrowa�shall promptly discharge any lien which has priarity over this Securiry Instrumen�unless Borrower.(u) 1� :.;t;,r:,.
<br /> . • agrets in writjng to Ihe payment oP the obligation secured by the lien in a manner acceptable to I.ender;(b)canlcsts i�w good • �
<br /> � . � ' • � faith the lien by,or defends against enforcement of 1he lien in,legal proceedings which in the Lender's opinion operate�o ' ���.
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<br /> . � prevea�the enforcement of�he lien or forfeiturc of nny pan of the Arope�t ;or(c)secures from the hoWer of the lien an ;.'�T'"••�•
<br /> Y •c k�.s_._.
<br /> .. ' _ __ . egreement satisfACtory to Lender subardinating�he lien to this Securitv I�strument. If Lender determines that any pan af j. ,...c,�,. _
<br /> the Propeny is gubject to a lien w6ich may attain priority over Ihis Seruri�y Instrument, Lender may give Honower a '
<br /> �, � . ndice identif�ring the lien.Borrower shall satisfy the lieo o��ake nne or more of the actions set forth nbove within 10 day� --•
<br /> oithepving ainatice. Wr
<br /> ,�;�• S. H�zard lasuraace. Bnrrower shall keep the improvemants naw rxisting or hercoRe�erected on�he Propeny 3t-�"
<br /> "+.� • �. � inwred againat loss by fire,hsv.ards included within the term"eatended cnv�rage"and any other haza��s for which L,en�rr _
<br /> �• ' requires insurance. This insurance shall t►e maintained in the nmount� and for the periods that i.cnder recgu��ec. Tha� `,i ,;;.., ,`�--
<br /> � '� � insuronce carrier providing the insurunce shall 6e chosen by Horrower subject to 3.�-;�:er's approval wfiicb s6aa�1�cu br • �
<br /> '� '' ' unrauonably withheld. '��f7�t+n �`-
<br /> �'� '. All insurance polkies and renewals shall be acceptahle to i�n:lrs and shall include a standard mongagr c�aase. �
<br /> � • .�< • � Lrnder sh�ll hAVe tfie right to hold the policies and renewAk.li'Ler��ef rryuires,Borrower shall promptly gi�•e to L.ender ,__. y_ -
<br /> : �, • •• all recaptaof paid premiums And renewal notices.ln the eve�as c6i.�s,�,�rrower shAll gi�•e prompt notice to the insura�e ,Y_�,���-
<br /> . ������ , . carcicrand I.ender.I.ender moy make proof of loss if na tr.a�e pra�ro��+�7 c h�Borrower. ' ��,t?,:
<br /> r��;,';'� „ ' ' Unless Lender and Borrower otherwisc agree in w ni��i�g.in�urance prnceeds shall be applied to resiora�ion ur repair �, ::�`�'�is'r"
<br /> '�,��:�• , of the Property damaged,iP the restoration or repair is econ�mically fesxible and I.enc'.�Pfi securi�y is not lessened. If the = �� =-
<br /> "' '�,, ., ,,;a;;.. restoralion or repair is not economically Peasible or Lender's securi�c uould be lec,cna�l.the inseiran;e proceeds shall be _-
<br /> , ." ;f� . � ' �f epplied to the suores secured by this Secu��'ty Instrument.whether or�c��;then dut. aith any rxcess;aid to Borrower.lf ��'��-"_
<br /> '�''"�'�''" ' ,+��" Horrower�bandcros the Pmperty,or do�s not answer within 30 days A notice from Q.ender that the insurunce carrier has -
<br /> ,. � ,te:„y1�K�,.••, , ,
<br /> � ����,��t;,:':�'T.;�� t�`;;� ot�ered toxttk a claim.thrn Lender may collect the insurAnce proceeds.[.ender ma}use the proceeds tu repair or restore ; � � .
<br /> :;�� ��,'•�"�/ � ' �'l• the Pro e or to sums sc�.ured b this Securit Instnimrnt,whether or not tlhcn dae.The 30-day period will 6egin ��r `•
<br /> . , rh,�r �,,,r� .,� Pe Y PaY Y Y
<br /> � � wben th�ootice is given. y�`�•. .
<br /> " � "�' � Ualess Lender and Borrower otlierwise ugree in writing,any opplication of praceeds to principa!shall not eziend ur '"�'"`''
<br /> � ��`. ' �
<br /> � � • postpone�he t�ue date of the monthly paymen��referred to in paragraphs 1�nd Z or change the amount of the pay�merns.U
<br /> '�' ��` under s ra h !9 the Pro n is ac uired b Lendtr,&�rro��er's ri ht to un insurnncr licies ond roceecls rec�dlin
<br /> .,�.4�, P �S P Pe Y� q Y B Y t'� p g ' .
<br /> �� . frnm damage to the P�operty priar tu the ncquisiiion.hr�t E+ass to Lender�o the eatent oPthe tums secured by�his Security
<br /> "'.; , ' � . Iencrument immeciiately prior to�he arquisiti�m. ' ;',��.
<br /> 6, Pr+eaervallon and MaintenanceotPropetiy;I.caseM+lds. H�ormu•er+hall not drstruy,dmm�ge��r.ub.tanuull� ,. .'�� •'
<br /> r,��.:,��;,,., • � ' H . ., .
<br /> :fy�;�.i. :� i'� �.� change the Pc.��1y,Allow the Pn��+ert��t.•deaer.nrate nr cmm�►�t �:i,^z. If this Serurit}• Insaumem is on a Ira+rh��ld. �.�•'•�� ,
<br /> :;��:;" � ' � ��` Borcowersh�rll c�mply wilh tlir provi�um.ri th r lease.:�nd if Harmwer.�.:;airey fee ti�le to the Wrnreny.the Iraseh�,ld and ;;:�,;;;;:!.: ,'
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<br /> :�,. r�t, , .. i-, ;r,,!���,�;,,. '..;:� fee tit1e s1ia10 nc:�merge unless Lendar agre��to the mrrger in w ritinN � ',`�
<br /> ' ����'� t� � ' `� •'i� 7. Hrotection of Leade�'s Rights in the Pr rt�. �tort � s��lrnusance. af &�rri�wrr f�il� �u rl'i�rrn the
<br /> ,..t��� {� �� .�• � R•a r�
<br /> � •�';. S `' � ��• � � co�en�ntsandagreementscontaincd in thi.Scruri�y�In,T:;,-ntnt.��r thetz i��leg:ft�^r•.�:reding that muy.igniflrnml�• alfcrt � _ �
<br /> .f�_ . I.ender's nRhts in the Pronerl�(such a.r a pn•ceedinR in hanl.rup�:y.�+enbate, fi�r candemna�i�m ur ti�cnfi�rcr luuti or �
<br /> , ` � regula�ions►,thea Lender mny da and pny fix w•h•rte�cr i�nctie+.an z���rata�the�alue of the Pru�r��und Lcndcr'�righ�s
<br /> . . .. ' in the Prapert�. Lxnder's urli��ns may include pa�•ing am�tiums srcu�;��.i M�•a lien which ha�priorit�� u�rr thi� �a:unt}
<br /> • ►. Instrument,nppearing in court,pa�ing reasanable•ru��rne}�fee�and entrring��n the Propert����m��kr repain.Alih�mgh
<br /> �,� Lenda rruy take ac�ian under thix puragraph 7, Lendrt d.�e.not ha�c to do u�.
<br /> � � � Any amountsdisbursed by Lender under�hi<�ragraph��hall bcrome addrti��nal Jrbt af Horm�cer,��.ured h�ih��
<br /> ' Security las�rument.Unlrss&ttrower�nd Lende�agree tu othcr�erm�uf paymrnt.the�e amnunt..hall t+car intenwt fr��m
<br /> . ' 4k the dn�e af disbunement nt the N��tz r�cr �nd.h�ll hr pr�aMc. ..ich m�crc��. u��n n�•t:.�• rr��tn Lrndrr ��� li��rr����er
<br /> '! requesling payment.
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