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<br /> tJHtPoJ1�O�vaN�tv�s, Borrower and Leador aovan�e�nd• ,a tbilowaf �� �
<br /> - � 1. Pa�eM Ot PNnotpi�ad Iaae�p M��uM t�tt�a. Aarrower ehuil pramptly pny whea daw �t. ,�,t�; '
<br /> i_'�� tbe prhaip�{ot�nd interoat on tiro debt evidenaed t Noteand at�Y Prepuymenc ond late ohu�goe due undor tho Nde. ,. . ,�tA �;� -_� -- -
<br /> --= ,M �. Fuatb tor T��nd iaw�e. 8ubj�t to�pplioable!aw ar ta a wdtten wAlva�by t.ender,Aattowar ehull pa� , ', , r r,�� � ,,
<br /> -�—�:�"�"��� a Lender an ehe da monthly paymeeta a[�e due unde�the Note�untit the Nate ie paid in tl�ll�a sum("Fundd')equal to '���� ` ''-��' } °
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<br /> �"�" o�•taelttb ot�(a)yrty e�snd a�semante wAioh may attain priority over thie 9eaurity taet�ument;(b) Yaarly '��,�:, , '�, �- � °'
<br /> U�- �����1 1 leesolwW paytaent�or ground reuts an t he Property� i f aoyt (a)year l y haca r d i rt s u r a n c e p r e m i u m d i a n d(d) y e s�l y t j�
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<br /> a►prtg�ge lnstuance pt+emiuma,if aay.Thaae itenn are cailed"aeorow items."Lender may csiimate the Funds due on t ln � �. ,
<br /> ��'� Da�sototl�iaatdatsendre�eaaablaeadenstesoltl�tureasomw iteme, :. ^ � '� '� .
<br /> '�s,�'' The i�'undssha116e hatd in qn insNWtion the depoaita or aca o u n t s o f w h i c h a ro i n e a r a d o r g u a�a n t a a d b y a f e d e r a l o r -.�.' "' r w'..��f •.
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<br />__���'� ' �'' � slate�cy(inc�udia8 Lender if t.ender is suah att lnstitution).Lendet shalt apply the Funds to pay the escrow iiems� !t�",, .. <'��,;r_..,:`,:';�_° `�
<br /> -+�`�q{r • � 1 L•�. ..-
<br /> ^,n;��`���. t' Leadar may��at charger tor haldi�g und a p p l y l a g t he F a n d e,a n a iYrang t A e accou n t o r v e r l t'y i n g t h e e s c t a w i t e m s.n n l e s s ,,� `
<br /> Lea . �
<br />=��,:.,� � L+ender pays Barrawer iMe�eat on the FLttda and applicable law petmits I.ender ta malce such a charge.Sorrower and .:s
<br /> � l.ender maY ag�ee ip arlting that interat shell be paid on the Fands. Ualess an eg�eme�t is made ar applicable la� �'LL.: , � _- � .-
<br /> .�„�s�:J,,, ra _����.� .
<br /> x.,��:ry.; �+� requi�.�ptera�t'tu bv paid�[.ender�hall riot be tequirid to pay Borrower any 9nterest or�arninga on thc Funds. Lc�da ,,.,�
<br />�:�=�`':i�'`°� ,.!; �a�li�t to�onower wf�tfiaut charge�an annual ac�ounting of the Funds showia credita aad debita to tAe Fumis and t�C "�';:.,f�ay� +'•=�ti:';�. :.
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<br /> .�j.'j�Ri`.`�'��! .�{, � �,�oh deblt to t h e Funds was made.'f I►e Funda are pledged es additional secu�ty for the sums securcd b t;�,t,�",',�.t�� - . .
<br /> :�� �,:. � :•:..� t'o��r r �,i.'.��i' �fur`,{y'
<br /> �+,�Ja ar�. 1"'�0.�0 . . _ ?'1;;'il' •K' �,-.
<br /> '`j�n1�,�;�'ie%'ur�/j L�1�580CYT��`�lISOf�tT01C�It. Bb�C fjOT 10 �i7>t.:�� :s'r'If'�'�j��G�•�t�„ .
<br /> 'aR.'x c:,� �'� ' If the an�ount oi the Funds held by Lender�together wlth the future manehly paYments af F'unds paY p � '<s�` �� �'fl' j 7>
<br />�A�' s•i, a; ; f >,,,r � y�:, ,rn".._
<br /> �, 1,�:y���: tlia due dates of tbe eacrow items.sbali excad the amount nquirod ta pa the escrow items whm due,the excess shelt be�, Y a r
<br /> �,�. > , . ents of Fuads.If she� r` • j �� �,
<br /> , �': at Burrowar s opNan.either promptly ropaid to Honower or c r e d it e d ro cwwer on manthlY p aym . f ��,� ,-
<br /> "' amount of the Fw�da heid by Lender i�noc su�cient to pay the escrow items when due,&►rrov�er shail pay ta Lereda�m ,� .�. ���1 ���,
<br />���"�,�'�`r� '��i� araount nec�ssBry w mske u the defto lan cy i�o n e o r m o r e paYm e n t s e a req u i t e d b y I.e n d e r. `°�. ,'"". '�!�;��Fi;�4s�'�t+'':'.
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<br />�`""� ;•�•� �•���, Upon peyment in fu 1 of alt sums secured by tbis Socurity Inatrument.I.e�der ahall pramptly tefund ta Harrawa Q�t1ti�rV����r�;:;.� ,�,�;�,;_;,�„�
<br />���'�""�j�';�"?�� •any Funda held by Lender.If undet peragtaph 19 the Proparty ia sold or acquired by Lender,Lender sha11 appy,no later j; ! t�; ��j'" " ° ,-�
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<br /> ,F�.,�t;:,,, ,� „' ,� than immediately prior to the sale aE the PropeKy ot its acquisition by Lendet,any�unds held by Les�der at tl�e time d 1 a� , ��.'� .,, r t
<br />����- �••���;� ��e{ appfication as a ct4dtt a�ainat the sun�a secured by this Security Inatrumont.
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<br /> "li'�;;;•.ita.;':ile{'� � . r� <�„ '.; ,�}-+
<br />�,� .:,.... ..,Y . � Applicatlotf•ot��hlymetNe. Unlees applicable laW p!o v l des ot h p r w iae.a l l paymen ts r e ceived b y_Lender unda ;;, �t�. .
<br /> � ,r• °:�ariigiaphs t and 1 ahall be applied:itrst,to late�haigas due tinder the Nate;secoad,to prepayment cbarges due under tbe :y�;{� ,'f; � ;, { ," ,�
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<br /> i��r J_� ` ; N a t e;t h i�d,t o a mo u nts p a yabk under p a t a gra ph�;"fourth,to interest due;and last,to principal due. �,(.��ti rtc�, , . , _
<br /> �, .q;'.Ct�arge�Ltcros. Borrower shaU.pay alII taxes,assessmenis,charges.flnes a n d impas itions at tri bu ta b le t o t h e.. ,� , ��, „
<br />�ri� w�;, ,!t, ����� ' r �t} . , � �,
<br />��,�� ;: ,;;Jr. ,. Propetty��wbich may attain prtority,ave�thia Security lnatrument, and leasehold paymenis or ground renta. if any.' .: ir �}y ,;w�4 -
<br /> r=x,�� . ,�,,t�' HarroWer sbali pay these obiigatiana in the menner provided in paragruph 2.or if not pa�d in ihut manneS,Borrawer ahaA ;f ��,���l�r4y��'a' f.�P �.
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<br />- ;��,,,y:i,,,��,�{, paY ihetp on time d�rectly to the pe�n aw��l puj�m�6 Borrovv�i shall prompity furnisls tu Lender n!1 m+lic-e�of emounn • : ��y 1 a����' �
<br />�w�n �<�� •;�=� t o b e i d u a d e r t h i s r a rn h. I f H o r r o w e r m a k e s t hese yments direct{y.Harrower'shell.promptty fumish to Lmda �`�;;��;�"";��1`a"` '� `�'.�k�';. :
<br />=�a,�'G�';'•: .,..,c Pa Pa 8 P � i;'�':;:���.,. .,,, �.:
<br /> .�+���,.�•�: ��.•: reai evfdencing the menis. :.��.�:,'.`" ;
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<br /> -.,`�„��4$ktyf"�'`� '.:� Botrower ahaU prompt{y dlechatga any tien which has priority over thia Security Inatrument unleas�oacswers U) •. . ,. 14��;�
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<br /> (b)contesta inge�ad �, . ' ��:7,':�_:�,,
<br /> •�;i;�;'�)y��i�'r''�/ f a g ith�t he liettt by,ar de fa�n d ega i n e t en fo�i r c m e n t of�t h�i ny i n.l e g a l p c o c a e d i a g d w t�'k h nj t h e L e n d e r s o pinion o p emte lo �' . ,�:"'�;`,����.'
<br /> -�F;';�.��.`,:,";` % prevait the enforcoment af tfie Ilen or forfaiture of eny pan ot'tho Prapertyt or(c)aecures from the hotder of the Ikn M �,,,:,;;,:,,.,�;�`::_,. ti' , �
<br /> ;;�-•�,j� �_ �.� agoeement eatisfactory to Lender eubordineting ihe lian to this Securlty Inatrument.If I.endor determine�that nny part ot . � � � �..>� �;+� '
<br /> •,�f+��•�,��,�� ehe Property ia aubject to a fim which may attain priority pver thie 3ecurity lnatrument� Lender may give 8orrower� , �; � „,' �'•..ti�: �4�`'
<br /> �'�:�r�":, notioe identifjnng tha iien.Burrower shall sat1sfy the Iicn ar tuke cxie ar mare of the acti�na+oet farth above within l0 da�s .,-...'l�• �.
<br /> ;�.; '�,,.;,.;; ,�'.,.•; oftheglvingofnatir.e. �.. . s'`�
<br /> . �.';;' S. H�nrd Iawraetce. Bonower elwti kcep the impravementR naw caiating ar hereafter erectad on the Propecry ' .
<br /> �� .... .. , .
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<br />,s����$h��.�;_�• •�;, ; fpsured egainat Ic�by flre.hararda includcd within the term"extended covarage"and any other har�ards for wM�h n . •;:; ° ..��, .�,�-
<br /> S �� '' raquiras lnsurance. This insurance ahait be maintained in tha amountR and for the{�erfade that I.ondar requira. 'the ` . } �t,:
<br /> •...�l;'r����;`,,,°���,� insurnnce carrfer providing the inauranco sheli be chc+�en by Bonower aubjact to lander's approvai which ahnli not 6e �',. '�.•, „ ?:.
<br /> �.,,;.,:,�:.,.,�,..
<br /> �;i�;., unreaeonablywithhetd. , ' ,� ' :.`:}�t-.
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<br />��`�+:,;'���''�.���:�-,i,: AII insurance poticies and renewals shaU be erceptabie to Lrnder and shaQ inciudc a standard mortgage claarn. , .
<br /> :%ti.-.,,.•'��.::,ti, t� . , ' :'
<br /> �,��;��_t:, • •����:-,, Lender shell have the dght ta hold the polioi�and r�newals. if Lender requires,Borrow�r shall promptly give to I.enda ��� ��'�� -
<br /> , �,,,1:� „ . ' ,i';,;—.
<br />''';� '°'��i�;;�+"��' �� ali receipts af paid premiums and renewai not(ccs.tn the evcnt of lass,8orrawer shalt give prompt notice to the insuraeoe � � ;; ., ...
<br />�i���F�...'.�' .1����4�..i ... . � ' � ..S"-'".:
<br />�,����{ �,�" �;!� eattier nnd Lender.Lender may make proof af laus if nat made promptty by&+rrowrr. �'a :��,, :_
<br /> ,;�y�.�,{.,;vir, ,-r��,' Unlesa Lender and 8orrowe�otherwise ugree in writtng,meurance prarceda shall be applied to restoration or rep�ic ';�� �;_��-�
<br /> i,r`�E�:��{:•�i'�, � of the Pmpeny demaged.if the reatoration or r�pair Is c�onomicalfy feesibte and Lender's secutiry is not teaaened.If tk ' ' � "'�.}?;"f����;'`"'
<br /> '�;';,:,:�:.�,, :,.i�Ar�. . s. t:- ;�A�.
<br /> ,k.�,.,.,�,; rsatoratian or repair is not economicelly feasibta or I.ender s secudty wauld be lcssened.the insurarta proaeds shatl be �:n,`,�n!�,�-�,4;: •
<br /> ' ''���`'�� �`� • •��' applia!to the suma aecused by this Seourity Instrument,whether or not then due.with an excess d to AorrowerJt '.' • 2,�'t,:�.';
<br /> ':�':�"1%'; ;:.�r. : Y P� :r i;:2i's�:t;�i�1(�r,.--
<br /> Borrower abandons the Property,or dces nnt answer within 30 days a natice from Lcnde�that the i�wrance camee!m 4`�♦��,.;.
<br /> �:.,F �' � .�+in��,�, 1� IT/r.
<br /> • `�•'`'' ''''.{;•,,`,'�r offered to aettk a rlaim.then Lender may collect the insuranre proceeds.Ixnder may use t6e prcx¢eds to repa i r o r r e s t a e • .;. �}{.,;.
<br /> '�Jr�;4�jv.�°�j;'�''� the Pmperty or ta pay sums secured by this Security Inatrument,whether or nat then due.The 3aday peric�d wi11lsepn 4 • �'..,���':�-
<br /> !.'., , ,.
<br /> "��'+�'���<<���°��t°� ;;� whenihenoticefagiven.
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<br /> ;�v��?.,;:�; '.;�y;:�,r�, Uatess Lender nnd Borrower atherwixe agree in writing,nny upplicat{an c�f pruceeds to principal shalt nat cxtmdor •
<br /> �,,,1�.:,:�.'�''„;3� postpone the due date of the manthty{+ayment�refcrred Io in parngruphs 1 nnd 2�r change the amaunt oP the paymen tslP � • '�'';;
<br /> ' ';;�`'`` under paragreph 19 the Property is acquired by Lender,Borrower's cight to any i�surance policies and prnce��ds rnulti�g ,
<br /> ,;.�..; . • '
<br />_t;:•��•�•,.:. :' ' . from damage to the Pmperty prior ta the acquisitinn�hult pass to Lcnder ro thc extent of the�ums serured b�•this Security � �.
<br />_,;.,�' ,1. � „ ,•- '
<br />_,�,;�Y,s,;;�,,.:•�.�;:.� Instrument immediately priar to the acquisition. .
<br /> r ''''``•'''•^� � ' 6. P�esenation and Matatenence ot Property;Leasehu�de. Horrower shaU not destroy,dumnge nr substant ially
<br /> ,�}�:�;c�;,:
<br /> ;1�.,.. ' .:.. .�i ' change the Property,aUow the Pr�peny to deteriarnte or commit w�ste. H'thix 5ecunty Insttument��on a lemehold.
<br /> ;,.;;;'i;'�,r�_�.;":, 8orrowerahall eomply with the pmvisinns of the tcnse.und if Borrawer ucyuirex fec utic tn the Property,the leasehold and
<br /> "�''�''' � • fee title shall not merge unles�Lender agrees to the me�ger in writing. .
<br /> ;.,r•l.a�, . , , .
<br />�5�:_._� 9. Pe»taettnn ot Lendee's Rtahts in the PropertYi MortaaRe lnsurance. If &�rrdwer foils to pe�fcxm the
<br /> =���:;:° :
<br /> �,�:;:•:• •; • ' eovenants and egreemcnts contained in thia Security lnstrumrnt,or there i.a legal pt�xeeding that may signincan�iy s+fiai •
<br /> ;` " ' � Lender's righta in the Propetty(�uch as a prcxrecting in Aunkru�+tcy�,rrobata. &�r mndemnat�nn ar to enforce lawsnc
<br /> ' �,��� regulaticros).ihen Leodtr may doand pat fnr whetever is nctiessar�to pmtrct thc�alue of thr Property and Lender�rigMts
<br /> �1ij�.,''�.'; ';.'; � it�the Ptoperty.i..endePs actions may include paying uny sums secured b}•a lien a•hich hati priont�ewer this 5tcumy ,
<br /> s�,:���..,.••� .,,.;;,., lnstrutnent,appearing in�wurt.paying reasonabte attorneys'kes and entering cm the Pr��pem•t��muke repair�. Althewph
<br />-.�Y.:�l',,:,.;�. • �'_",,{ Lender may take e¢tion under this{mragraph 7,Lender does not have todo xn. . ' '�.'��' '
<br /> ;�ze�.11•;��_ •,'i�''; Any amounts disbuned by Lende�under this pnragr�ph t shali t+ecome additianal drt+t of Aorrrwer secured b��his
<br /> ,'iiL!�.,'.•.;i•�.r;;::;'��,::� Securie�Ins�rument.Unless Borrow�r and Lender ugrre to ather terms of payment,these sm�unts xhall l+ear intere+t frmt� •
<br />.:::,�;`��+;;,r;.i',�?:�} the date ot diabursemene at the Nate rate und xhaft be payabte, w•tth interest, a�n �c�tur irom I.ende�to 13nrrawer
<br /> ..t;�J;;�;+;•• "t:`ti: requeatinBpaYment.
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