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<br /> s��T�°`""�"�"� � � TO�ETh1ER WRH d th�knprovpn�U oow a tNnaltN enat�d on Na proprty, �nd aY MswtiunU,
<br /> ° bduns now a h�RK�Wr1 01 th�proprty.AI rrphoarMnto�nd�dditions thW alw b�cawnd b thM�rt�na�� and
<br /> � A11 al tn.lonpoM�o k►M�rr.a a b uil.9.a,�ly In�wm«,�u th• �Prop«ty,• r �+h�^•wnw►R
<br /> BOqROWER OOHENANTB ihat Baiowa a Mwluly tMt�d of th� �aLt� hM�by lsonvy�d�nd hu Ih� dpht to ynnl and
<br /> ' owWry th� Prop«t�r �nd thd Ih� Prop�ty k un�namib�nd� �xwpt ta �naumbrsnas of r�cad. Barrow�r wananb �nd w�
<br /> d�lnd p��Y th•tMM to th•Proprly.pNn•t N oWms and dMrwnds.wbJ�at to amr�naimbr�ncN a nco�d,
<br /> THI9 SECURRY IN87AlNNENT oombYna unMonn aov�nts for mtlocd ua� �nd nan�unNorm ow�nts wMh IhNl�d w
<br /> r.dwon.by wrisdation to oonseNut.�w�lram•.awily in.wm.nt aov.dnp r..�proprly. S„
<br /> - UNIFORM COVENANTB. Barowrr�nd L�nda aav�n�nl�nd�pns�s loqows:
<br /> 1. Pym�nt oR P�inaipv �nd Int�e�s� Pnpayon�M and Lab Chu���. eoRwv�sho prompqy p�Y wh�n ~
<br /> du�th�p1ndp�l of�nd htan�t on Ih�d�bt wid�nad by th�Not�md�nY pr�ymrnt uM Mt�clwqb dus und�r th�Not�.
<br /> ° Z. Funda tor Taxos utd Illsvranc�.3ubjeet to eppde�ble lew or to a wdtten waNw by Londr, Barowar sha0 pay � -
<br /> ;� to Und�r on th�d�y monthy p�ym�Ms an dw und�r th�Nat�, unW th�Not�Is p�ld in tW.�sum('Funds')Tor. (�I ywy
<br /> --.-.-��.:��� t�and�aa�m�nit whloh m�y �paY� prioiity ov�t thls 8�ourity Inahum�nt as �N�n an !h� Propwty;(b)ye�rly IMtN�old =
<br /> _.. j���,-+_-�_`r__.i.�sc' �q PaYn�q or praind ronls on th�R'op�rtY�n NY: (o)YMrN hwrd or props�ty Inauruiae prmYume� (�YwnN flood Intw�nos w
<br /> �,,�,�,i,:s.i: ..;.�,t`�.�� pnr�ium�.H my;(�1 Y�h►�WO��sur�nw prwnium�,H my;and(f)�ny suma p�yr�bls 6y 8arow�to Und�r N�000rdma�
<br /> - - - w!!h Ihe prbvislona of parapraph 8, In Na� ol the peyment oi modQege Meu►enae premhem�. The�e Neme ero eaNwl •Eaaow
<br /> ���..;.,�,;,,,, Ita�m,• L�ndar m�y,�t �ny dm�, coMct and hold Funde In an omouM not to excasd ths m��lmum amount a lender for� _
<br /> —_,�•�_,u. -.-�.-.� led�py retuted mort�p� lan m�y nquin la BorroweYs e�c►ow �eoount unclr t!u tedenl Rs�l Est�b 8eltlemeel ProoM�ree _
<br /> __.. --- _�"��.�`�.w`, Aol ol 1674 u�nwd�d trom tkn�lo tMn��12 U.S.C.�2801 et �
<br /> �!; � sq. ('RESPA"►. unMss �notha I�w th�t �a to th� Funcb
<br /> ��"-"��i.�=�'�• sN�• lpser�roarM. It so,L�ndar mny,�t �ny lirn�.odNc.i and fiold Fwids in an emount not to excad 1M lass�r �NN.
<br /> ;z �,.ct:z�:M�,�.. ` l�ndrr nMy �tlNiriU tM�mount of Funds du�on Uw basfs of curtard daU and re��ombN e�tMn�l�s W�qirM o1 fupx� --
<br /> •. �'`�:•' °, •.�<,• Esaow MNns or othawis�In�ceord�nc�wNh ppic�bM kiw. ---
<br /> ;�;::Qi�- '� i.} `.�. .•.:,�.,�x. ~ —.
<br /> , y.�.k. ,.. . .. �r Th�Fund�shY b�hMd in�n irutlp�Uon whoss deposits�ue insurod by�lederal�yencY,inse�. or entity pndudin9
<br /> • ' ,'Y�'ti� ., . :� Laid�. M Lanlw b wch �n Inatilulion) or b any F�daai Home Lan Buik Lender sh�A appy tAa Funds to p�y Ih�Eacrow
<br /> "',',,'., . ��: Ran, Und�r may not charq�Bomow�r tor hold'np�nd+iPPN�O ths Funds,annwNy�nMytinp 1he esaow�ccou�t,or v�UyhO
<br /> �., ` . . Ihs Eacrow It«ns, uNus LMUM� pays Bortowu intwast on the Funds �nd �ppUable I�w p�rmGs lendsr b m�k� such � �-
<br /> �� clwpe. lbweuer. L�ndv rtry nquin Borrower to p�y � onaUme chups br �n Independ�nt rwi�atate tuc rcpoAhy aavlce �:.
<br /> � , � � . used by lender in connectlon wNh thls lan, unl�ss wppNc�ble q�w provldes othervriae. Unlesa an �greement ia m�de ar �,;.
<br /> • . �pplcabb law requires interost to bo pald, Lender ahW not be requ�red to p�y Borcowa ury intK�at or e�minpa an the Funda.
<br /> , . ,F::..' Botrower end LendK may �pree in wdtinp, howwx, ihat inhrest shaU ba pald on the Funds. Lender ehdl plve to,Borrower. �' .
<br /> ; ,.• • , wNhout ch�np�, �n annpd �ccoundnp of Ihe Funda, showinp cred8a and d�bfla to ths Funds md the purpoae far which wch
<br /> � �,°:;i�; ° , d�bM to ths Funds wa�mada. The Funds an ptedped as addfUonal aecurfly 1or all suma securod by the Secudly Inatrument. �,y;
<br /> � ��;�;-3��� •: �-� '~ If the Funda held by Lender exoeed ths�mounts permNt�d to be held by apppabls low,Lende► ehall�ccount to Bortower
<br />_ "�t'�� for ths exc�si Funds in acaordance wNb iha requkementa of appticaWe I�w, H ihe +imount of the Funrk Mld by 4ender et any
<br /> . tlm�Is nW su�fabnt to p�y ths Eacrow Items when due, Lender may�o notfty Bonoww In wddnp,and In such case Ba►owar �•:
<br /> ' � , shY pay to lw�dr►th��mount naceaeery to m�ke up ths dafldency. Bortoww sh�N mak� up th� dMid�ncy In no more ihan �'��
<br /> •• ^ tw� monthy p�ymenls,at lender's aole dlauetion.
<br /> , . Upon paym�nt!n fi,d of W sum�aecured by thls 3ecuifly Inabument,Lender ah�q prompdy ntund to 6ortower any Funda ��
<br />- hatd by Lender. It,•.undar pua�aph 21, Lender ehall acquke or ecY ihe Properry, Lender,prior to the�cqulsitlon a sale ot the
<br /> _ . ,-____.
<br /> ° • � Properly.�hd eppy �iry Funda hNd by Lender at 1he time ot acqulaNlon a sal��s� c�dt �gabst the fuma seared by thla
<br />' ', �� . . ' •:'s;,r. �y Inatrument.
<br /> �' ' ��:�.�F,r 9. AppUcatton oi PaymoMs. Unleaa apppcable law providea otheiwise, aN prymonl� received by Lende► under _-
<br /> • ; ;,,F���� �:,::;�;;7;"� pang►apha 1 u�d 2 ah�p be�ppN�d: flnt,to anY prepayment charges due under the Note; aecond. to amoums payabb under �'"��y
<br /> ' ���;`��•• . pangraph 2:ihird,to Intereat due;fourlh,to pdnclpal due;and last,to any Nte chargea dus under the Note. ;R=
<br /> ��' �' � 4. Cha► oe; LIY11a. 8orrower ah�p all taxea, asaeaemente, ohar es, flnea and I
<br /> . �;.ie.���;. Q PAY 9 mposlqone atlribulabte lo Ihe L:.
<br /> � ;.'y:"•^ ' • property whioh may etUdn pdority ova thie 3eaxily Instniment. �nd leasshald•paYments or g�ound rentt. q EI)y. BOJIOWBf 6hdO �t",'".
<br /> ';f' • „ pay Iheae obGpatlona In the manner provided In puayraph 2, or B not pMd In ihat manner, Bortower eh�Y p�y them on time
<br /> E� :::
<br />:•�•' • dirody lo ihe penon owed payment. Bortower ahall promplly(umlah to lenda aA noUcea o1 amounis lo be pald under ihls '
<br /> ��,', panpraph. If BoROwa m�kes thaee poymenta direoUy, Bortower shaU promptly (umish to Lender reedpta evidenclnp iho
<br /> )� paymente. ' ..:
<br /> Bortawer sh�U r discher e an Ilen which hae o over thle Secu Instrument unless Borrower. � ��'�
<br /> :� 1 P�PUY 9 Y P� �Y �Y (�)a9rees In ;, .
<br /> '�'� � wrflnp !o the paymant of ihe obqpetlon aecured by the Wen in a menner acceptable to Lender, (b) conteata In good hqh the '
<br /> {� f ., , qen by, a d�l�nda aq�hat entaeement of the Aen In, legd prxe�dings whleh in the lendw'a apinlon operate te prevant ihe
<br /> eniacernad of the Nen;or(c) seaures(rom ihe hddar o(Ihe Ifan an ag►eemeni satlaiactary to Lende►subordlnatlng the Nen to
<br /> ''r'��,�r ihia Secwity InsWment.If Lender determines that any part ol the Property is subJect to e Ilen whlch nuy ettain prlorily over ihls
<br /> �..,,f;
<br /> �;,�. ��;._•;, Seaiity Inatrument Lender rtNy gNe BoROwer a not�e identilyyin�ihe Ilen.Bortower ehaN s�daty the Ilen a take one a more oi
<br /> ••'^ ' �t ths�atione sel IoAh above wAhin 10 days of the giving ol not�e. "
<br /> ' 4'�I.• '1� 5. Haz�rd or Prop�rty Insuranc4. Borrower ahWl keep the improvementa now exiatbq or hereaiter erectad on the
<br /> '��' ".'�' Property Inaurod �peinal loaa by Ore, hazards included within the term 'extended eoverege" and sny other haxards, Ineiuding �
<br /> •-� • fooda or Iloadny,fw which Lender requlres insurance. Thia inaurence aheN 6e meinteined tn the amounn and ior the perlods
<br /> � thtl Lender requlres. The inaurance cartier provlding the insuronce shaA be choaen by 8orrower aubjeat to lender's approval �
<br /> . , ' whlch �h�A not be unreason�bly wfthhetd. II Bonower (aila lo malntain coverage deecribed �bove,Lender mpy, �t Lender'a �c
<br /> optlon, obt�M cov�npe to proteet Lender's riyhta in the Property In accordance wqh pa►agraph 7. �`
<br /> � - f . A!1 inauance poNdea end renewals nhaM be ecoepteble to Lender and shep include o stendard moApage clause. Lender �
<br /> ' ah�have the ripht to hold the poNclea and renewels. II Lender requtres.Bortower shall promptly give to Lender aU receipls ol
<br /> c'` pald pramiuma and renewal noUoea. In the event ol bsa, Bortower shaN ghe prompt notke ta the Inswance curle►and Lender. i
<br /> '' ' ••.,5'� Lander m�y rrwka prool of baa H not made promptly by Bortower.
<br /> , �� �' ' ' Unleea Lender end Bortower otherwise egree in w►iting. Inaurance proceeds ahaN be appqed to restoraUon or repalr of the f
<br /> .;, '
<br /> ��} '�•':� � . Propaty d�n�0ed, fl the restoration or repak is economieeUy feasible and Lender's securqy Is nm lessened.If Me restoratlon or
<br /> r•. ,�.,; �:� .,:�,�•, ' rep�M is not ecanomiceAy le�elble ar Lender'a aecurily would be leasened, the Inauronce proceeds ehol be appMed to tha sums ,•,�
<br /> �i�, �;���.%� ' seared b thls Secu Inst�urnent, whether or not then due, wNh an excesa ald to Bonower. 11 Barower obendons ihe ,
<br /> ,. ,�;.4'.�, Y �Y Y P
<br /> ';��:•. •� ' , ," Property.or dona not�nswer wflhin 30 deys o nollce irom Lender that the Insurance caoler haa ottered ro setUe a claim, then
<br /> .��• ' • y;.,,.�, ,, Lender may collect the Inaurance prxeeds, Lendet may use the proceeds to repak or restore ihe Property or to pay aums
<br /> •:;}�.': . �S ' . •. ��,�,���;,;,� aecured by thk SecurNy Inslmment,whether or not inen due. 7he 9aday period will begin when the nollce Is gNen.
<br /> " '�� '����'�', , � Unleaa Lmder and Bortower othervvlae agree In wrfling, any epplicotfon of proceeds to pdnclpal ahaA not extend or
<br /> 'Z��� � ;I ri�;,:,t ,',.a;• poetpone ihe due dab ot the monthly payments referted to in pareprephs 1 and '2 a change Ihe amouM o11he paymmis. H
<br /> �,;ti�� • ���� . ' r perty qu y right ro any Insurance polkiea end proteeds resulUng ftom
<br /> � � undK pv�praph 2'I ihe Pro Is ac ked b Lender, Bortower'6
<br /> ;,•.,tit���,_ . 1, ' � . ' �ti:��•� danrge to the Property pdor to the �cqulsNion shaM pass to Lende► to the extent ol the aums by this Security Instrument
<br /> ;�. i�. . .�:':� irnmedlatey pda to tfiQ aequlaNion.
<br /> .�'�ti�-�• 6. OCCODi111CV. Prasorvation. MaiMenance and Prataetion o� tho Pree�eW� flnrrnu��.�� I..�w
<br /> - 'i�, ��:;,���.!• ' . AppHe�tion; LOi1S8hOldi. Bonower shail occupy. estabNsh, and uae Ihe Property as Bortower's�princlpal residence wNhtn
<br /> � "'1t'�,� siitdy daya �Iler the exeeuUon ol thls Secudty �natsument and a1uM continue to accupy Ihe Propnly as Bortower'a �
<br /> � .:"i . \�'"•. . . Y prineipal
<br /> �,���� ,:.�•` . reskena tw a!least one ye�r afler the date ot occupancy.unlesa lender othe�wise aqrees in wdWig,wh�ch consent sAa1 nol
<br /> �• •f!., .�'•, b�mrMSOn�b�y wilhfidd, or unless e�denuating ckcuma.ance�ezist wh�h ve beyond Bortower's control. Banower shar not
<br /> "'�t" ',� . � des7oy.durrge or N+p�k ih�f'ro�+erty. aWaw the Property to deterlonte,or commit waste on Ihe PropMy.Borrowe�ahaM be in
<br /> defwk H�ny forkdure acllon or proceeding. whethn civil w criminel,Is beyun thet In Lender's good 1ulR pdgmeni could resull
<br /> ; �• � , In lafeiture of the PropMy a otherwlse materiaoy rnpak the Ilen created by Ih{s Sec:urlty Inatrument or Lortder's ecurfry Mterest.
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