|
__ _ - �:: -
<br /> _ _ .., � �`�: ... - . . � � �
<br />`_ _ .�� . ' ' ` < .: . � . . � : ' .. - -
<br /> : t�tilFOqkt COVFNANTS.8orrow�'tnd lend�r cowr�tM`and a�rN�a�tolh�!�!:: ��" :i���'f�� -
<br /> t. l�4�MN�M�k��LaN�i1�1�.. BoR�OM�!#!MH �#�:�
<br /> ainc�wdk��inMrs.�oneh.a�.,r��eyens[�oe�uw€u�:a��•�d;�sr�:e�ergr�.aw:w�!�r���r�. �
<br /> _��,.f�f�Taas�IMwase�: SuW�cttoappli�bhfU�aMi2s.wtitA�rf+x#!!f�'�ltle�d+�,.8a�'q�►11!.qrN�P�S►
<br /> ---- io Lindsr��-mon�i Pm�++�ua eue�iF�r-t�fa�a;=pn�itt�ttiota�ir�3�sfF:°�E'�tp�t�"!!�k'---. — -�-
<br /> � aie�waifth-oi;,{s)y�artY tax�s and as�essn�ts�filct�msy;attal��!�t_�,�sts:fi*eur�il�r;thAttKAflfR�;(b)fl��h► -
<br /> I�Maid RaynNeMs o�a�ne�h a�th�P�tY,iE any:•.(q Y4erh�`�t��inMxaneit PAini�ril��td1�1Y
<br /> - n�rg�rirq�n�noe prerniums,itany.Thaae it�ms ara ca�tae:epc(cw�9ems".tanaer mny eatim�IR.tl�e,F�dA�iw on th�
<br /> � b�sia ot Curront data and rea�onab�s astimstes.ot tuture�scro�:it�m3i.. • �
<br /> � 'tM�iundsshalf4�twldinaninstitutionthsdePcsitsoracGUUrttaat�icA�retnaut�Ma.gV�f�!�e4A�b1�!fsdKator
<br /> sbfa aQenry(iecluding Lende�ittet�der i3 such�a i�stitutioA}.'�i.pnd,erstwNl appty.fh�,F�nds to:p�tY�U[le.ip�I�O!r ibms
<br /> Lendsr may aoYcharyeiorhWdin9��Ph�!��Eurtds.anaryt�ii►�iheuccounE.or.veFifyi.n�t.thR.eu�fC��lS.untsa
<br /> -- �ender pays�arra�rer ictffir�t,On the Fundsand ePPlj�bt4 la�Pelmits lender t�m�tK�.suCh:�chq!g�i.B�9/F�wer and
<br /> lender may a9ree irt wr�:�ng that iMeresE shali Eie_p�id.oR7h��t�+d�:.t��$���������!!������
<br /> , requiresinteresttobe�i'�.LenderahaUnatbarrlquiredtv:p�YB��ef�Y)nterestweamings,ar,thj�F1J1!d���e�.
<br /> -3iialEgiveto8otrowe�:,�t�outcharge.8n annwtacCOUnhn9:0�m�fe�[►dssftt3wir�GtldstsRS�deR[t;lt�thR�unQs andMs
<br /> . D��D��swhich4=eRdebittatheFundswasmade.'[heEun�lsare�PtedgeQasadQ�i4Raf�d�'jfClt�i�3uRlsaecursd
<br /> �:.;; bY the Security fnshunien�` . , `' `; �'�.•���
<br /> ;-��:;'��:;� I�1h4amountof�EundsheldbyLender.tugetherwith�he,fuf.�`emqatNx:p$�rt�4'rs(.�v1�FuAA$�3(BpfaQ�Q►tothe
<br /> ?,.;�;.::`:'�;_-4'�dateSOfMeesCtovwitems.shattexceedN►esm0untrequi►edtqpAy:?1'$.escr¢v�►_tf�Ir►�j��puetA�sxces'sshaltbe.at
<br /> .��s�:ti;lr"�:,
<br /> .:,�„;.:•;,;:.��BoRdrr�s option,eiMrr pramptSy�;�d to�orrower or c�edii��:t�i BG±�qri�►��cA;�ntli4y;p�ymer�ts of Funds.if the
<br /> ;.��:�:;.�• . . �e�itiirershallpaytckenderany
<br /> , �`_:�.�..:>..1�ntpuntofitheFurtdshe�dbyLendexi�s�otauflitienttopaYtheescfo�.it9i�1������e;
<br /> �-�S�`:,;:��.;-:,:;;�mbunt necesssry to make up the ifeticiency in one or mere paYcrmqnf,l�d��fl�iqd,b�s.�fF�;,r��
<br /> -` ° tlponpay(nentintullofalisumssecu�et#byttii�Securiryln}�tr,prttA(r�;R4�i.....ct���t►yretur�dtoHorrowBr��Y
<br /> �.�:;•���snds held byLender.If under paragraph/9th�Pr�ertY issold Or��f88,��!��BnQer shatt appty.no taterthun
<br /> '�:�_�;�;_�}tinmec!'rat�Iy p�ior to the sate at the Propert�r o�.its acquisitian,by�t.�(���i��!?',!t n-���$�d by Lendei at1hF�time 01,,
<br /> - -- .. .��PPliraitFRiiasacredit�gainstthesumssecur�sclbY�lAisSecurir�;iRStrumen4;=��'.:��, ..4_ <- ,�, �..:.:__
<br /> g,` Apqpeatlonpt pryminb. UniessappiiCa6te Iaw provides otAer�vi5�a'.}pay+riet?LS received 6y Lender un�a�;.•
<br /> .' paragraphs 1 and 2 shA�f be eOP�ied:first.to lateaharges due under the Note:�n0,to prepayment charges due urtQ��
<br /> ' tAe Note:thirA,to amoaqt�payatile u�der paragr�t��:fourth,to interest���:►�fasi,toprirtapat due.
<br /> � �, Ch��Lifi1R, Bo�rower shail pay a1tC#�ces,assessments,chargr�:��;ies and impositions attributabte to the
<br /> • . PropeRy which may attain.p�iqrityr�yer this Security l�strument, and te�se'�so1d payas�`r��,or ground re�ts.if any.,
<br /> . � 8orrowershail pay tAese obiigaSlQ�s��.l�e man�er provided in�2rdgraph 2.or if not pair#sri;7}�t manner.Borrnwer sh�t�,`:.
<br /> ,-•:
<br /> � paythemontimedi�ecitytothe�afsx�owedpaYmem.Bor�owe*s4.i�lipromptiy�f�urp�si}taf:s�aiatlnoticesotamounisx�s:: ,
<br /> • be paid under this paragrapb-tf;ETo'raawer malc�sthese paym�:itsdirectly.$i��;+s�!+�'�sY����irompt►y turct:sh.� .Cet;d�,',-:.� :
<br /> �.�.. :�:: _... . :._ . ., .:;:_..r. ,_. :;:' ::�.';:z: `.;;'_ ::
<br /> receipts evidenciog ii���ir.;E'�� �. . �, .., . ,. . .. . . . � �
<br /> . � 9orrowershalEpraanaESy���hargeanKiia�-q�*i;�'thaspitarityoverth?�a�}��fi�fnstrumentunte§��'�izia?�,i'���;'. .
<br /> agrees in wrlting to the pay�^.1��t;�f•th�Qbligation secased fs}:":t��(e�in a manR�c.��;Q7�"�1°to Lender.(li)�onte�l;+1��� ,
<br /> gpod taith the lien by.or Qel�iti�s agsinst entorc@menf ot.fri�F�b�<N'�.tegal proce2��','►�s�!��'�!�in the Lertder's opi�.r.�)::
<br /> opetateto preventthe enfarcement of the l+en or forteiture ata%t;tt�d�'t of the Pro��^!y�.':,�r:��;�restrom the holder oftY.�:�
<br /> tien an agreementsati�":�:t�ry to Lender subord"+^aS�Rg the lien to this Securit�en5�si[rri�^".'€t Leoder determinesthat ateq�
<br /> paAoflheProperty�isse�tn�esttoalienwhiChmayB��ptianlyoverthis9ecar+tyin-tivmenl.LendermaygiveBorrowera .
<br /> notice identityingihe lier�:8'nrrowz`Sh�ll satisiy tri�ti:�o�t3t�:One otmore otthe aCtions setfotth abovewithin 10days�f... . .
<br /> the giving of notice. - ' �'` �`
<br /> S, M�ard hnura�os: �$prrpri^�ishall keeplhe impravements now exi�ting or her.�`ier erectea on the�'�ap�rt�, �:..
<br /> • inaured against loss by fire�h�a,Fds inCluded,�sritf�l;t,the term�'extende0 coverage"an�aa�:other hazard9:tor p►fi°r:fs _
<br /> Lender requi�es insuranaa-'i`1ri�.ihsuidnce sha'lpem?intained in the amounts anC for the pe�iods that 1.�E��r�`�:r�-�• _
<br /> The ins�rancecarrler pros�iCingthatn5urance sf►�!1be:chosen6y Borrower subjecttoLender sappraval wtFa^..►�s".^�;r.�34'.�: :
<br />- unreasonabtywithhetd. �'. � � ���
<br /> At�insurance poli�aes an�renewa�s shall be acceptab°��a Lender and shatl include a standa�rd mortgage�c(�:a�.;'
<br /> l.endershaflhaveth�rig�tlto hotd the poticies and re�ewals:lE1.e�iQ�r�eq�ireS.�orrpwershall promptlygiveto LenQe�;a'�•::
<br /> receipts o1 paid prexmumg and renewal notices.ln the event ot tC�SS,8orrowe�shall give prompt notice to the insurartce
<br /> carr�er and Lender.,Len�+er may make proof o1 toss if not made promptty by83�r�ower. =
<br /> Unless Lende�aa�8orrpwer otherwise agree in writing,i�usance prcv�.,�eds Sfiail be applied to restoratian or�epair
<br /> 01 the P�operty damaged,if the restoratiqn or repa�r is econarni.r�Ity feasibie and Le�der's sscurlty is not lessened.N the� _
<br /> �estorationorrepairisnoteconomicallyfeasibteorLender'sss:i;aitywoutdbetessened:t�:�irsuranceproceedsshattbe �--
<br />_ applied to the sums secured by this Security Instrument.wh�t`�?r or not lhen due.w�tr�a�n���xcess paid to Borrower.if ;=_
<br />- 8orrower abandons the Property.or does not answer withm 30 days a notice trom kenQ�:r:r.at the in�urar.Fe carrier has t..
<br /> otteredtosettteaciaiY^�s.thenlende�maycoltecitheinsurancep►aceeds.LerCermayusetngproceedgrarepairorrestore �•:
<br /> � the Prope►ly or to�/sums secu�ect by this Secur�ty Instrucr.ent:whetnerar rraf snen.due The 30-day period witl begin —
<br /> whentt�noUCeisgrven. � ' �
<br /> tJ�skssLende�and8orrowe�ottietwis0agfeeinwriting,anyapplicat�onotproceeds2opnncipalshaUnofextertdar- ��
<br /> postponethedueaaEeollhemonlhlypaymentsreferredtoinparagraph31and2orchangethe�amountattnepdymea�s tt
<br /> under paragraph�9ttt:Properry is acqu�re0 by Lender.8orrower's rigMlo arty msuranCe pot�cies artdpracc-ed3 resulting
<br /> IromdemagetOthe Property prror totheaCQuis�t�on shali passta lertder tv tAe exten!ot the sum95eCUreq tty thisSecurity
<br /> Instrument immediately pr�or to the acqu,s�tion
<br />- a, p�ry�����k��a}p�pp�r�y;���hotd�. Bonavfer shall not destroy.or damage o�substan- �
<br /> tiattyChangethePrope�ty.altowthePrope�lytadetenoratearcomm�twaste Ifth�sSecurltylnsirument�sanateasefiold.
<br /> 8orrower shall com�ty wdh the provision9 pf tfie lease,end d Bo�rower acqu�res t¢e tdte tothe Property,ttie ieasehotd and
<br /> fee titl�ehalt Aof inerge unless lender agrees to the merge�in wriUng. �
<br />:� 7. P�M�eUonott�eA�t°s8i�binihtPraptAy:MoAppNnauartc� �fBoreowerfaitstopertarmth�covenaMS �
<br />-' and8greementscontainedinth�sSecuntyln9trumentarthereisafegalproceedmgthatmaysignd�cantlyatte�tLenders
<br />� rightsintheP�opetty(SUChasaproceed�nginbankruptCy.probate.fo�condemnationortoentorcelawgOrregulations). �
<br /> then Lender may Ao and pay for whatever is rtecessary to p�otect the value of the Property and Lender's r�ghis+n the '
<br /> � Property. LenOeFS acHOn9 may include paying any sur�;� secured by a lien which has pHority ove:th�s Security �
<br /> = Instrument,eppearingincourf.payingreasonabteattbrr�eys'feesandenteringonthOProparlytamakerepairs.Although �
<br />— �ender may teke acNOn under tn,s paragreph 7.Lender does not have ta do so. �
<br /> . . AnyamauntsAisbu�sedD�EenderunderthisparagtaphTShetlbetomeadditi0naldebtnt8orroviersecuredhyth�s �
<br />= Securitytnstrument.Untesa8orrowerartdLenderagreetnolhertermsofpayment,thesaamounfssfiaft8earintere§fir6�f � �
<br /> Ihe date of Qisbursement at tha Note rate end shall t�payabte,with�nterest.upon not�ce Uom lender to Borrawer s
<br /> t
<br /> requesM9�aymenl. �
<br /> - . _ _ . - - - - -t.
<br />
|