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<br /> qrttl�4RM CovBN�N'�s. 8otrowar�nd lmidar oava�aat a�d a as taltows: �• when dae =-
<br /> 1. pyr�t of iM�e1 0�{aud iatetoqi �td Lae�. 8orroaer�hall promptly PeY .;�;....,,,�,__
<br /> Note a�M nn y p r a p elrme�t attd fateaAsrgea due under tde Nota ---—
<br /> — t h a pdn s lpel o f e n d i a t e r e s r o n e b e d a b t e v l d e n o e d b Y Borrower abai! y �"� _
<br /> �. pp�t�Tiza u�d Ia��e. Sab�eat to applieabla!aa ar to a wdtten welvrr by i.ender. pa '����,
<br /> - �to Leadet on tt�e day mo�sthtY peymenta ero due a�der t1,a Note,uatil tho Note ia paid in fi�U.a sum("Punds")eqaa!ta �'�r.���uRL..� � _
<br /> � _ . pae-tw�tRb o!� (�)Yeuly t�uces e�d es�ssmeau whiah may attaler priority over chb 9aurlty instrument;(b)Ye�rtY �,s��',,,y�"��j
<br />�j ► if e»Yi (a)yaetly ba:ard imusaaca pre�piumsl and(d)YeatlY ;t�'�'tif'r i��-''c�,t,
<br /> �.ru��$ ��poyp�ts °r grcuAd t�a on tbe Prop4rtY ��
<br /> �g�insurence pmniums�if aey.Theae items are catled as�raw items."Lander may atlmate the Fands due on the yya ,�.f 1 ,r =r.
<br />° 6�sie ofaaaent d�ta and�areo�wble asNmaus of Ntuce eaorow items. Yti � ; �� ;
<br />- Tbe Fande sliall be beW in anlnstitutioa tbe depomits or acaounts of which a�a inw sal or guarante�d by a tale�el or ;��. :, y},�.���:_.�i�l :
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<br /> * etate�gataY(includ�g Londet iF I.endat is suo h he F tiu� nat�lyt��6 ttte�accou"t r ver�yt 8 th��araw i�t reme,uniass `%s,';�;'�:�°r�:`:.��;,..{,��.�
<br />- , Lende�nwy not oharge t8r halding�ad applyiag :._
<br />-�'��a s ` Lettdet paye AoKOwet iqterost un tbe P'utids and applioeble iww permits Lender to make sueh a charge,9onower and , ..' �'�,y���, ,'
<br />� y`��`: Le�de�msy agroe in writin6 that intar+est shell be paid oA the Funds� Unless an agrxmant is made or appliaable 1aw 'k�.: ,r ^ �u� .:-
<br /> �',,. __ :.,�+,.
<br /> •n', 7.-�y�' . rieqtdros intaiest ta be pa�d,Le�►dee�baii not be requftad ta pay 8otinaer any intetest os earnings on the Funda,i.eader- Q�.�i e�� _.,
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<br /> :S���R�f`''�{��4> ;.'j' �ba11 giva w Harrowae,withoue oharse,aa anauat accout�dng olehe Punds ahowieg eredies and debita to the Funds and�de , ,:- �,�.::_�p---
<br />_:r"�,:�+j�y��,�i`�''� pu�pose tbr whiah eaab debit to the Funde wae mada The Fumis are pladged as additiopal eecarlty for the suma seouted�+y� .
<br /> � -a ����4����} '� �� f
<br /> w tbis 9oet�tlty In8tnttrleAt. ,f �•
<br /> `�"r ;��.��,��''�' If the amount of the Funds held by Lender.together wlth tha fLtura monthlY paYments of Funds p�yable pi�ior ta s �..'� `i".' nw; -
<br /> ��:n::�;':�.1�:;::':t;s`;;. the due dates of the dsorow Itams,sbeil e�the amount iequited�to pay tbe esorow itesns when due.the escess ahs11 be, �,5,��`�a�';��r�;�, '`�$�:;;
<br /> `�' t' '� ``�--s,':, at Hortawer'sopt ion�a lt her promp d y t e p a i d t o H o r ro w�r o�a r o d i t e d t o 8 o r r ower on monthl Y P a Yments of�und$: �tthe � ;�;�f�� �•�7 a :
<br /> : �r� :
<br /> = a m o u n t o f t h e F u n d s h e l d b y L e n d e r l s n o t s a f N o i e n t t a p a y the escrow iteme whan due,Borrower shatt paY,,to Lel�er any (,wt,Jf,X�, , .�� :
<br /> t'''� e m a u n t n e r�s s e c y to make u p the deficies�aY in one,ar mare� . , nm ae r'equired by L.ender. '� "��x n
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<br />, ;.',,-�;:�'.�: ;.i . . . �Upon paym�snt in�tW�of•�11 aama.9eeuted by th�s S�.dty It�atruim.mt.Lender�ha�l ptomptly rePund to�otrvwet .
<br /> •an�r.�nds hetd�r�L.endef.Yf under para9ta�fh.19 tlx Ptrapetty 1s sald ar acquired by�T.endec,�Lartder shdll aQpiy,na later ,� ��„,:���'� �� g;__
<br />,`'z,�t`;;�-'�%��;�"�� than immediat!►�t.p'�iar tol�e:eaic of the prqper�y or its aoquuitian by�Len d e r,a ny F u n d a h e t d b y L e n d e r at the timne of ;; ;;•.•� .��`,� ,
<br /> ' 1ri�' app1kAtion ae a credit against the$ums s�pted�by t his 3eoudty Inatn�ment. , t ';':; .���'��, '
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<br /> z�,� ,..,,�:�� , . ;8...Appliatqon ot�l►sya�enb. 'Unless applicabh 1aw�provldes otherwise,aU paytnents reeaived by Lenck�under .x, ,�r ' 6 ,,''
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<br /> ,�- ��� pa�pAA 1 iwtd 2 ahall be upptieds Arst.ta late charges due w�der the Nate;second.to prepeyment oha�ges due uqd�et the w ;;:,��` a .f�.;:::--
<br />�'�"'���'� �Not�'third,to amaums payable under pataBr�tPh 2;fautth�to intetest due;and last,ta prlmipal dae. �� ;;;'':�'{���t•'���Y°_
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<br />�1lr`��'��(*�'i,;��-� �,, , ' 4. ���e. Hurroaer ahaq pay a11 taxee�ea�sme�ts�chargea,flnes and!m}�itions att�ibuta'hk to the �'r�'�.«,,�f ti; r:,�=-=__..
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<br /> 'p�qperty which ma attein pr�ority,aver tbi��Security�Inauumant�and lea�ebatd paymenta or ground'reniu if any., :,g�,��;+�, �+it��, `�F'•
<br /> y�di fi� � � Horrower ahaU, '�t, ';�r��R�, .�r�.m��
<br /> ,�,,,,,,r,,,�,�,���' �.Aprralwror shalt pa�►t !se d+1i tiona in,the manneT provided in peragraPh 2:ar if�ot,�sid in th8t maunet� ��',.�;� � ,}'��r�
<br /> "" '"'"�'�-����' pay!litn�on t�me d�re�t/y to the penon owed��aYrnent.Hot�ower'shaU promptly flirn�sh ta Lendtr ali natices.af$taounts . �y{a����` � -„
<br /> Borrparer ahali rom tiy furnish to Lrtm�r . s` '��`
<br /> �A ` � to be lpaid under thia parag�apfi.If Horrowk�r makes these�payments directly. P P ;l��s��'�i�rith�f�,fs�` `•
<br />�F;�Yi t'_'t ; �avidencingthepayments. ,,�:�° �`��° ,`:. °
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<br /> ��;. r i�:Yt�,1�,�. 8orrower abaU promptty discharga any Qen which has priority over this Socudt I�erument antess Honower.fa)
<br />_�.,,,,� -�•,.: , ,, �(b)contestaingoad i�'i;��:,,..;�ft���� (,�z�:.
<br /> - • �• �` �� sgrces in wdting to the payment of the obUgation seoured by the lien in a manner acceptable to Lander; ti.�..., ,,. .�.n�;,�.�:,:'.��,.
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<br />�',l';�c,;h`,:;�:.;.,' �:}; flaith the lien by.or dafends ageinst enfoccement of the lien in,lagal proeeedings whieh in the Lender s opinion operate to ,�;,�,51:Y_,.,.. ._�,,,;i..
<br /> 3������;.3'r`;'',��`�,;�•�', provant the enfbe�cenant of the lien or forFeiturc of an pan of the Pro rty:or(a)secu�+as f�om the holder af the lisn an , ;;:5<<..::. . . : .. :..
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<br /> „,•. ,,. + v�:,,��,. agreanent eatisfaotory ta Lender Rubordinating the lien ro thie Security Inetn�ment.IiLendar determinea that�ny pert ot , '�`:;'''i�+'a+•�;; �, ._
<br /> �^�� tha Pro �s subjat to a iten wi�ici� �udy duai��priodty over this Secusiry Instrument,I.ender enay give 8orrower e ., t��,, �i.. :,,�;�t�;,��.,:,�.
<br /> 3";._'"`:.._; .;: 4 P�Y
<br /> i;....:..'-.`�`�'.,'�:.'.:;, notice idetltiEyirtg the lietl.Barn�wer nhall eatisty the lirn or take one or more of the acNans set forth above wlthin 10 daya �, ,.. ;,.,.. ,.
<br />�:': '°:�i;;;,"!r.;: of ehe giving of notiea ,, '� ''.�±�
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<br /> � ;�„ � S. H�ard�awrance. gorrower shalt k the improvements now eal�ting on c�ereeafler ereated on the Property �� '�
<br />�t:':`'`:,:":;;�',�`,��".''� iesured againat tosa by Rre,haxarcisincluda!wlthln he term"estended coverage"andany aher hazards for whi¢h Lendar " ' '�:, ��S,'
<br />�1' h ��i� ,(,i�� �11 • � � 13��1�1\���
<br /> 7r�17J'��1 V.,���. ro q u i r a s i n a u r a n c e. T h i s i n s u r a n c e s h a l l b e m a irt dnad in the nmauntx and for the perk�da that L�ender nquires.The "' '°� '��9t�!�i tu��:�_..
<br />�,�� i i�„�4�•�,;,yr +,b�� j ' PP .- .';;;,.�;ai'� , �:;�+�
<br /> ,y, .,�:r; ft, insurence oaerler provlding the inwrance shal l b e a h o s a n by S a r r o w e r s u b e c t t o I.e n d e r s a rov a l w h ic h a ha i! n o t b e
<br /> � � r'.,;,`�;, .�:.�',t; unreasonably withheW, . ,.
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<br /> ,, ,r:,,�. r,��•�.;{;;1 A l l i n s u r a n a a�o l i c i e s A n d r e newa ts s he{I i x ar e e p t a b l e to L.ender and ahali inctude a standacd mort a e clause. ,i t.,t� �,
<br /> v:rf�'��:'';�'';;�'�'�,if•'rj} Lender shali have the right to hold the policies and renaweis,If Lendar requirca,Bo�w����p�ampt ly�lve to G en det 45,,;., �,f�f;�� i,,4�,�� _
<br />_���.�;;�,�•�`:��'.;�".t;,�f$,;�; all rec�ipta of paid pnmiums and«newel naticas.In the event of foss,Sorrower shell give pmmpt notice to the insuronce r ;.y,�,r:.J;..,�..,, .r.,..i:
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<br />'"`��'�-�'� {4 I`L:�.-. ' carrler and Lender.Lendor may make preof of toss if nat made pramptly by Borrower. ��.���:. ,�d��' '� ti _.,
<br />�{"'}Y„''s'�',•..•`,.. �� UnlesaLenderand&►rrowerotherwisea scein wr(tin ,i�suranceproceedsshell beeppiledtor+eatorettonar repair r?,' t;, ..; ,;�� ,�r,,�r::
<br /> �`�il�'j'�'c'� °i.;i�, of the Property dameged,if the reatoration or repalr is eoonomicatly feasibte and L.ender's security ia not Iessened. If the c�?,:.i�: �,y',t(�;jti��, ;..
<br /> �'��:��•;;ti �,,.��,:�3 reatotation or cepair la not eeonamkaliy feasible or Lender's accu�ity wauld be lessened,the insurance praeeeds shaU bo f'�;!.;:.:,��!i��n�'1:,;� i,,.
<br />���'{�'�'�� '" a lied to the sums sccuted by thfs Security lnatrument,whether ar not then due.witt�any excesa pafd to Elorrower. lf , ;r ,,r �
<br /> ���'� `M' '� "�� , SoprrowM abandona the Property.or dcea not aoswe�wtthin 30 days a notire from Lender that the insurance carriec hes � •�,;.� r,
<br /> "�+'<����i:ft,,`' ':._ .. � �
<br /> xt,,;�Y�.�;�.��,:.�'� : ottered to settle a elafm.than Lender may coliat the insurance pmceeda.Lender may use the procaeds to sepair or restoce ';�'. .:• ;::`;';,;;»�'��;��
<br /> ,�1 ss.;�:, tii . :,,s,(r��•�� `
<br /> �' -.�•�, •�sr'=':� thc Propetty or to pay auma eecured by this Secudty Instrument,whether or nnt then due.The 30�day perfod will begin f. �� ���• t;�;r..;:�
<br /> ec :� • .
<br />�.�'�,:•�;:c:e:."p.`..f;.;, ���,.,t�1.��,;:. ,
<br />�;•,:.,�-t;:,:.,,..: �..,,:�:; whenthenoticoiagiven. . , ,� �
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<br /> �,�. . •. .•,� ���,,, tlnless Lender aad BorrowKOtherwi�e agree in wriNng,any applicution af prcxeeds ta pdnc{pal shall not eaterat or �' �. .;..`�;:',,,•_�;�,
<br />���`::�' '`�"•��':�'-�r�•;:.��; p�� menta referred to in aca rn ha 1 nnd 2 or chan e thc amount of the peyments.!f '�.�'�� �•��'�� ,��,,�
<br /> �,,. .•�.,.,.;�.;�,��,<< netheduedateofthamonth1ypay P B P 8 �•�
<br /> �, ;;,� �� ����• under paragraph 19 the Property isnequlred by Lender,Borrower'�right ro uny insurance poticies and proceeds resulting �: ,.��.,!�,;;,,
<br />�.;.,,.`;�7?;L':`:;•..�f';�` tYom damagc ro the Property priar ta the aaquisition shail pasQ to Lender to the extent of the sums secured by this Security ,. �..,. �,
<br /> �����•,� ,,, � instrument�mmediately priorta theacquisition. ' �� '
<br /> ' � S ;��rlr � 6. Preservation and Matntenance ot Propetty:Leasehulds. Borrower shatl nc�t deatroy,damage or substantiaily
<br /> �'�����:�''� ��':�:;'�' `' change the Property,ultow the Propeny to deteriornte ar commit waste. If this Secusity[nstrument is on a leasehald, (
<br />� �`� `� �''�'•�+'�:s:;.�. Snrrower ahail comply with the provis�nns orthe ieuxe.and if 8urrower ncquires fee title to the Property.the leasehold�and !�•
<br /> '�- : ' '"�'i:,%;.'-;,..� �
<br /> A�`. •�'�'"�:�� fee tide ahel!not merge unless i.ender ngrees to the merger in writing.
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<br /> ; ;•; ,,:> 7. t'rotectian ot i.ender•e Rights tn the PropertY:MortRege Insurance. tf Bcnrower Cuils ta perform t e
<br /> , �' 1 � COVtI1Anl9 8f1d 8 iClRlCtltB C08t8111lIf iR IIIIS SeCUiily Inairuttictii.ui itici�i5 ai it�Cai p�u�.��:$:�:»:t'�7»)sieb«il{._nntlsr nfF'�t
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<br /> �-�1 `1�,�•'•'��' '. '• • Lender's dghts in tht Propeny (suoh as n praceeding in bankruptcy, probate,for condemnotion c�r to enforce lews or
<br /> ,� .,.._
<br />���:,:�•� • '•:";.+�;•',::' reg�dations).then 1Lender may do and�+ay for whatever is necessary to protect the�uiuc of the Prnperty und�ender's rig ts �
<br />"..,s�. ��� '''�;`,,,f•;,�'r� ;a the Propetty Lender's actians may inciude paying any Aum�►secured by a iien which hus priority over this Security �
<br /> _n�i':•.., r.••. '.
<br /> - �•• ''��••+ �i�1+,?h���YS tastrument appearing in coun paying reasonebie atturne}s'tees pnd,entcring on the t'QCmerty ta make ref+ai��.Altliough
<br /> -��;'-s ���3. � w . . . �
<br /> -" `,��1,?�1'�i��•�;��'� �L�emdrrmaytakeactionunderthisparagcaph7,Lenderdarunothaeratadoac�. •
<br />�rii�:i}::i. ,;;tr;,t ��.`.� .�,.• , •�
<br />,_;;,,�y;g.,;;�,���,;,r�,�,,�t. Any amounta disbursed by Leuder under this paraEtvap3o 7 ahal9 t�ecome pdt�dti�roal de8+t rf Bc�rrower secur�d b}•this .
<br /> �, ,,��ii;•,����+�;��;;,� , 8ec�oy•l.�ao�m.Unkas 8orrower and i.endar agrae to o�harr tetmc oi payment,the:�e amrums�hall t+ear interest from ;���:•; • ,. .
<br />��,'�',r:.�;�;� ��+�•���1;�. �
<br /> �,+•,,,�,,;�; ,,;.• thed�te of dist�ttsement at the Note raae a►r� xhalt be paf�ete� wnh interess. uprn notice from Lender tm•8c+rroa•er �,�;, , '',�;t.�'._
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