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<br /> . � . ,, 91--10 214 5 --- -- ----_
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<br /> UNIFORM CovsdANTS. Borrower and L.ender covenont and aBreeua follows: when duo �,.._
<br /> �,,'!:,`�' 1. P�y�eat ot P�incipwl�ad Interau PreWYmeat and i.�te Cbarae�. Bc�rrower sholl pramptlY paY --- --
<br /> ; , .' ' ' the principni of and interest c►n the debt evidenced by the Note and any prepnymcnt nod latc cha�Qc�due under�he N��te. —W --
<br /> . �:..�.� • 2. Fued�(or Tue��nd Insurance. Subject tc�applicable Iaw or taa written waiver by Lendrr.Born�wer�hAUOI ta
<br /> ' � ' � to l.enderan the d4y monthly paymrnts Are due under the Note,nntil the Nole ir�puid in Pull.a xum l"Funds'1 eq
<br /> . . '` ,. � ono-twelilh aE (al Yeady taaes aad u�sessmems�wrtichif nn �Icl Ycu��Y hpu+�d in�urunce premiumsmand (dl yea��Y _
<br /> � _._.•, � , '
<br /> ieasehald pnyments or graund rems on the Pr pe y� Y
<br /> • � mprtga�e insurance premiums,ii any.These items ure called"escmw ilrm�."1.endrr may esnmute 1 he Fund�due un t e
<br /> ��• � " • b�sis ol'current dota And reasc�nabte estimates oPfuturr escn�w iiems.
<br /> ' � � The Funda�hall be held in an msnwuan tho depusiis ur uccou�u�uf���hich arc insured�►r guuruntecd hy u frdrrnl or � .
<br /> ' state agency(including Lender if I.ender is such an insu�utioa)•I.ender shall npply the �unds�a puy the escrow uem�. �-�- -�'�-'�
<br />_ - -__ ��:�+:bw.1• ,, [.ender m�y aot charge far halding and applying the Funds,analyzing the uccount c�r venfying the e.crow items, unless �:
<br /> .. � �,.,W�.
<br /> I.ender pays Borrower in�erest on the Funds and upplicable law permits Lender to muke such a churge. �►�iCUhle law _ _ - _
<br /> J"'�° ; � � I.ender may agrce in writing that intGrcst shall be puid on thc Funds. Unletis on ugreement �s mude ar app _ __V`_��
<br /> • � � � � rcquires iaterat to be paid.Lender shull not be�equired to pAy �rrawer any in�erest or earning+����the Funds. Lendrr � ���.;.��
<br /> ri.. • f ..r:-��'''L:')1}F.M�{,�.-.r.—_—
<br /> . � ,,; shall giveto Borrower,without charge.an annuul accaun�ing of the Funds�As addi�ional xtiunt nfor�he sumsnaccurc'd br �--.,� `�
<br /> � . , purpcne for which each debit to the Funds wux made.The Funds are PIe�i6 y
<br /> . thisSecurity lnstrument. � •T . .'. ` �
<br /> ' , unt af Rhe Funds heid by Lender,together w�th the future monthly �yme�ts of F�nds pa�a�tr ha�!be. "'�"��-.'�"�'°
<br /> If the amo the esrraw i�ems w hrn du �*;-
<br /> ' the due dates oi'the escraw items,shall eaceed the amount required to pay �.';��=���=
<br /> ��f�,-Y_—
<br /> --� . • at Borroarer's option,eit�cer pmmpNy repaid ta HorroRe�o[�e�i'o 10��M hen ducmBorrovver�hall pa,to Ixnder a� *•:� - __ �
<br /> amount af the Fu�ds held by I.ender is not suRicient io{►ay �""°`�"
<br />, � - ' ' ' amount nerec�ary to mnlce up the deficiency in one or more payments as requi�ed by Lender. �';r;;;;�•
<br /> -a,:�—
<br />:i . . Upon pa}men�in full oP all sums secured by this Secunt;�Leu,�tument.Lender shaU prompdy reia�d Ia Bc�rrower -
<br />� �'' .r . a�y Funds heW by Lend�:r.lf under paregraph 19 the Propen}•is v;�:i�or acqunred by Lender.Lender�hall apply.no later ,�N�� ,• ' �
<br /> ,,?`.• .-_•.:.
<br /> nur to the sale of the Propeny or ils acquisici�n by Lender,any Funds held by Lender at the time of K,�,...���_
<br /> tht►n immed�ately p � � x-;_
<br /> applicauan as A c�edit a�ainst the sums secured by this Securi�}•In�arument. °.ti , ;W..�
<br /> ' ' 3. Applicallon ot Pwymeats� Unless s►pplicable law�*�:�t i des��her"'���A��Payments re�:eived by Lender under ;
<br /> ��.�� ,.
<br /> . . parrg�aph� 1 and:shall be applied:first,lo iate c harges due unc9eQ tfir Note;cecond,to prepayment ehnrgec due under the �! "�y�s::-:
<br /> ��ti� ;:�°���,---
<br /> �, ,..�;. , Nwt:third.to amau�ts payabk under parugraph 2;fiwnh,to io�erest due;and lust,to principal due. ��.,.� : y {_
<br /> q. �,�y�es�[.lerw, Borrower shall pay nls taxes,assessmen�s,char�es,Bnes ond impc+sitions ar.r.ributAble ta the ,
<br />- �•� �. ; properzy which ma}•at�ain priority over this Securiq� ln�ttument, And leasehold payments nr pr��r�:! rents, if any. '�,��� `
<br /> ' � � , Borr�wer s'hall pay these obligationc in the manner provided in�.�+aa�grs+ph 2,or if nut puid in that ms�nmtr.Bnrrower shall t,
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<br /> ', •�• , pay thcm��a time directly to the{+eruin��wed payment.Borrowtir��}:all promptly furnish t�Lender all notices of nmounts �f
<br /> to be araid wndcr th�s►+aragrapb. If Borrower makes these pAyrt�a�a�d�*ecNy. Bormwer shail pr�mp�ly'furnich to Lender }^. .,. �
<br /> I�
<br /> �{<:��;?- ' receiptsevidencing 1h,payments.
<br /> .. �r:���� ' Borrou•er�hall prompdy discharge s�ny lien which has pnority over thi•Se�:unty Instrument ual�s�Han�w��r���� . '�:�:'; �
<br /> �•.,:
<br /> , �}.'��� u rees in writing lo the payment af the obligs�tion secured by the lien in a manner acceplAble la Lender,ft^�>comests in gand t�;:.�.,, ��
<br /> 8 ., .•.;,�,�
<br /> fai�h thc lien by,or defends s�gamst enforcement af the licn in,legal pr�xcedinRs which in the Lrnder'ti��ninian operate to }:.�.' y `1`,1..,. ��
<br /> "''' �� pre�ent the enforcement of the lien�nr forPeiture of uny ps�n�f the Property:Ur tc)+ecurcw sr�nm 1he holder of the lien an �: �: --�s,
<br /> .+ :�.�,; � .. , t � �.
<br /> an uf , �c,�t ,
<br /> , ngrament wtisfactory tm l.endec s«M,+rdinuling the lien to thi.Jecunty Instrument.If Lcn�ler deiermineti�th�t�ny p ` . �:
<br /> t he P m p e rt y is sub jec^. �:c a 7ie*r: u'hich may An�in �riority over thir Secunty In+trument. Lrnder may ive &►rrawer u � '� }. -�
<br /> . ' notice identifying the lien. Borr.,«•er,hall�u�isfy ti�r lien or takc one or marr of'the act��ms se t f o n h nhove w�ithin 10 days ',. '{`�:� -
<br /> of the giving of notice. _
<br /> � S. Hazard Inwrance. Borrower,hall keep�he impnwemrntr nuw existing ur hereaftcr err�:ted on thc Nro{+�ny �
<br /> 4: insured ags�inst loss by firc,huzurds included withm�hr term"r!ctenJcwl a�vcrage"s+nd uny�ther haz�rdr�for which Lender '
<br /> ,,, requires insurance. This insurance�h•rll be maintainrd m thr ami�unt� anJ fiir the�nods that Lender requires. The
<br /> insurnnce carrier providing thr insuronce shall he cho�en hy &►rr��wer�ubject t� l.en�er�Apnr�vpl which shall not be
<br /> '��� �•� 1 ' unreawnably withheld. ,
<br /> All in�urance p��licies and renew•rk�hall f�acreptahlc ta I.rnJer an.:+hall include a+tandurd morlgaRe cluuse. ;
<br /> ' I.ender shall huve the nght to hnld the polic�es and renewal�. li L�ndcr requirc�.&�rrc*wer�hall prnmptly give�o Lender ,,
<br /> , ; .. �II re�eirts�f p�id premiums and renew�l notic�w. In th�c�rn¢of:osx.&�rrow�r.hall Fa�e prompt nntice�a the msurpnce ! .�.,;.�'.,`;}. __
<br /> • c�m�r and Lender.Lendcr may make proof af lat�il'n���made p�ornptly h�8.rrnwer. � •�!�iti(,,�`�;�,�
<br /> ' ��'.,� �" , '. Unl�ss Lender and Rorrowcr athcrai��agre.e m wriling,m�arance rroc�ed��h�dl hr apphed��`reKaorutiun ar repa�r ' •
<br /> . . of thr Property JumageJ,if the r��toruuon or repair u ecani+m��ull}•f�as�hle anJ Lender'++rcunty i�r..n le+tienecl. If the 1;�
<br /> ;,, : restoratinn or repair i, not ewanomically fratiible or Lender's:ccurit+• wuuld he Ies+�ncJ.�hr in�urance proceeds�hall be
<br /> .. _ ' upplied�o the cums+erured by this 5ecunty In.trument,wi�et'�ar or nnt ihen duc.wnh•rny eace+�paid to Borrower.{t
<br /> ; ;'. �•,;� ' Bonower abandons th�Pm�xrq•,or d�xy nat an�w•er a��hin ?::1:���s a nut�ce Prom I.ender that�he in+urnnce c:�rnrc"i.�h
<br /> ;�;f��:�' ,. � offered lo seltlr a c9�im,then Lrnder muy callrrt Ihr�nrurancr prtx:eeds. I.rnder may u�r thr pnxre�l�Iu repuir or rcwe�•re
<br /> ��.i�, � " the Property or�r pa)� �um�u�urrd My th��5ecunty In4aeumtnt.wheiher��r nui then due.Thr 30•day period will heF�n
<br /> ' ' wMen 1he nolice is gi��en.
<br /> • Unless Lendcr and 13orn,Wrr othrrwitic agre�nt wtd7tn.;,an>u{'Pli�•rhun al'pnxeed�ta Pr�nripal�hall ni�t rzlrnd��r
<br /> � " post�:we the due da�e uf the munthly pa>•mrntr refrrred za ar ��r:��traph. 1 and 2 ur rhans;!he am��unl c�f the pa)memes ➢f
<br /> und���ragruph ly the Pn�pert}•is acqmred M Lend�rr. &�•rnurr'.nght t�an> �mar:���..�I^"�����+and�nxeed�try�a��ung ',. •
<br /> � fro�damuge tu the PraExrty prior�o�hr acqw.a i��s�hrl�Fas,to I endec z.,�rhe ertrm af�hr�um.�ecured b>th�.Sza�rit�� ,
<br /> 1r�.+tCa�ment immrdiatcly prwr tu the aryui+inra
<br /> . •,:� ' b. Preservation und\laintenancc of PrnpNrv�:fl.cacehsdds. H��rruurr.hall nui dr.tra>.J.�mage��r.ul►.�ar.aiall�
<br /> cl��;a�:�:;he Pn,4xrt��. alloa•thc Pra r1y� ta drlertar�l< ;- :::rmn •�a.te. If ih�• tir.unt� In.�rumrut i.•,n� lrr�r�:a:�3.
<br /> ."ti r.;�.,,�•r;�, �,',�� , dorc�:w�mr.h:�ll rumpl��w•uh�hc pnwi.u�m af the Ic�•e.ae�a�°:B.�rr�,u rr:�cyu�rr•l�c u�Ir�a thc 1'n��cn}�.�hr Ira�rh��la acad
<br /> �'� �,• �. ,�.. fee Utk+hall noe rn�rFe unl��•I.rnJrr.�Eree�t�i thc mergrr m w rn m�
<br /> ' � •'� � �
<br /> , �'� ,' F 1. Protection of I.ender's Riahts io tre P�opehy: \fon�¢e Or�wurunce. U Hi�rmµ�r f�r[� n� prri��rm rl.�
<br /> `f co�rnartts aad�gr��rtienl.���nla�ned in th�.ia:ur�t} In�trumriu..•�tL�i�c r�.t 1�E:1I r�t�iCClI1I1F 1N;u nir��i�zncn:�ntl�affect
<br /> . '1 ..6 ._ wfino m r+�nkcuvt�c. t�r��h.uz. ��'r��'��2ff111:11H�11 N� Ill l'11�Uf1'l'Ii1K'�'l�f ...
<br /> _ -- � j.t�tq.tr�c ngnt�in ii�c'ri�'��RiS: :,:.... ..:.: i���=�°--- � � �
<br /> - � regulrnonsl,then LcnJer ma��d��:ind pa}f��r uh�t��er i�n.�:�K..in n�pn�te�r rP��..�lu.�:��F thr Pf��(�tfl):Iflll l.l'11UC1�i��CUaa
<br /> c t m the Pro�rt�•. Lrnafer'.arhum ma) inrludr p���n�;an} •um� •e�un�d i,y a l��n w hich ha.��riarm ���rr th�+tieruru�•
<br /> Instrument.appeann�:m cuurt.pa)�tng rea�i�nahlr a�t��rne}�:fee�an.i cnr�ring�,n�hr Pr��{krt� t��m:ikr repa�n. Allhuugh
<br /> ' • Lender muy takc�rn�,n undrr thi.para�raph 7.LroJrr dor.nu�ha�e u�.t���u
<br /> An}�amuunt�.fi�burxKl b>•Lcndrr undrr�hi•p.+ragraph'•hall t►c:i�tnr c�JJ�uanal drM�,f Hrrri�wrr.crured h�thi�
<br /> . the dule!f duburKm nIl a1�hr���aranJ.l.11llc�FIJIIlI1�`rJ):IhIC`NIIII�mI rr.tt�uphn iva�rr"tr�m1�llri,rr to I�'r��wrr
<br /> . • reyuesung�+ayment.
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