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<br /> - Tho Fund� �11 be Neid in�n irqtitution �vhare depodt� rta I�surtd by �wi.��t�� . � � �'ass�ly
<br /> (inctudin�l.ondar.it Lendec i�wch an itrtiweion)or in�ny Feder�l Home Lo�n Hank. l.aider�iull apply tMs�to py tbe
<br /> B�crow ltan.I.�tder may twtd�r�Hort+cwer fw holdini�nd aPD�i'�+t the Fud��nnwlly wlytin�the aicraw�000wlt.ar
<br /> wtityloR tbe B�row Itaea,�wnlw Lan�e�Itey��attowst�Marat oo the Putri� ad ic�bk uw p�enk�I�ndet w eMlo�wd�
<br /> �ch�rye. Naweva�.l.encier rrnyrequGie Bonowar ld p�y �onc�tiaao drrse fo��n f�rat eawe wc nporUy�avloe
<br /> wed t,ander in oommeaion witf► thi� lan, uale� p�ptic�bta I�w provWcn aikrwi,o. Unlau �n yroemaK M mtle a
<br /> ea
<br /> appl lo I�w roquirea interat w be pRW. Leader ihall nat be ra.�ulred to py Bornowcr�ay fnterat or ami on tho Futd�.
<br /> Homnwu+n►d Laider may�roe in writin�,however. Uwt intet�at�hull be p�id on�he Funde. L.ender aFWI�ve to Barrowm,
<br /> withoutc!�e.�m m�wl wcoewntin�ot tha Funds, �howln�crodi� �nd debisa to tha Futd�uxt!he purpa�e for whkh e�d�
<br /> -- —�-��-�--- debit to thc E�wds was made.71te Funds arcptadtod as addltfnrin��erurlty for nll su�n:�a��rc�d hy�his Se�,�ity Imtrumiern.
<br /> !i the Fuidi held by Lender cxuaod the amae�nts perndtRal ta be he(4 by�pI�cAble Itw,Lender�lull axoud w Burmwer
<br /> far the excess Funcl�in�ucatdauce with Iho i�r�nls oP applkable law. If �he arnount of the Funds held by Lend�r�t a�ry
<br /> �u
<br /> Ume is�wt cuf�icicnt to pay the Sscmw Itcnn n due,Lender may so notify Borrnwer in writin�,and,In wch c�se Borrower
<br /> slwll p�y to I.encfer�he�aiount_ ryto�mke up the daflckncy. Borrowar�II maka up the deficlency in no awre th�n
<br /> twelve mo�qhlY P�Y��•At l.eride�'�s sok dircrotia�
<br /> - -- - Upon payrt�ent in �uli of all surti.g sexurod by �his Secudty inKtrumsm. Le�w)rr slwll pcwi�ptty t�fwk{ W Buu�wrr w�y
<br /> Funds held by Lender. lf,urMer pxtxgmph 21,Le�der shall aaptin or scl!thc y� Lender.prfar Io thc xqui6�lon or sale
<br /> of the Praperty.shall apply any Fundls held by Lender at.ths tima of wquisitbn o�r wlc �s a crodit�ainst the wma�eairod by
<br /> this Securiry Instrument.
<br /> 3.Appliaitlon ot Awymeats.Unless applica6�ta�aw pravides aherwlse,at!pc�yments receivod by Lender under parAgraphc
<br /> 1 and 2 shall be applisil: first,ta AnY Prepsiyment c}au�ea due w�der the Notc: sccond. to suriounu�p�y�blo under pa�r�ph 2:
<br /> thiN.tp interest due;fourth.to principal due; and Inst:ta any late churgea dua uider Ihe Note.
<br /> -_ 4.C6iugea; Uens.Borrower ct�ll pay all wxes, ars�essmsnta,cha+�gca.f7oes and iroposiUons attritwwble to the PrapenY
<br /> °�%�` which may attain priarity over this Secudty lnstrumtnt, and.ltaRehvld payme�ts orgrcwnd rents, if any. Bortnwer shali p�y
<br /> _;I' these obligations in thc manncr provided inp�agraph 2.or.if not paid in Uwt manner,Borrawer shall p�y them on tlme dlrc�.�tly
<br /> to the person owed payment. Barrawer slwll promptly turninh to Lender all notices oiarnounts to be pnid under this para�raph.
<br /> ��� If Bomawer makes these payments diroctly,Borrower shull pramptly fumish to �ender receipts evidencing the p�ymenta.
<br /> ��}'" Borrower shall promptly discherge any lien which has priority over this Security Instrument unless Borrower:(a►agroa�in
<br />•- w�iting to the payment of the obligation secured by the lien in a mnnnar accep�ceeble to I.ender;lb)rnntests in good faith the licn
<br /> ; �•� ` "` by, ar defends against enforcement of the lien in, legul proceedin�s which in the Lender's opinion operate to pre�veM the
<br />-. , enforcement of the lien:ur(c)secures from�he holder of ths lien an agreement satisfxtory to l.ender subo�dinating tt�e Ikn to
<br /> .� this Security lnstrument. If I.ender determines Uu�t any ptut of th�Pr+apony fs subject to a lien which may atWin prk�rity over
<br /> ,, this Security Instrument, l.ender may give Borrowe�A notice identifying ttkt li�n.Bortower shall satisfy the lien ar tolce one or
<br /> • mora of the actions set forth above within 10 days af the giving of notice.
<br /> ` "` .�l' S. Nazard or Property Insurance. Barrower shall kaep 1he improvemene.,� now exi�ting or hereafter eroctod an tha
<br /> Propen� insured against loss by fire.ha7ards included wi�hin the term "extended covemge"and any other harerds,ineluding
<br /> floode ur flaoding. for which I.ender requires insurance. Thig iawurutce shull be muintained in the amauntx and (ur U�perfods
<br /> -, ihai L:ndcr rcquires. 7'!ic in:arasue carricr pra�•iding che insu;�nce snaf! bc rtsosrn by BOlTOlYC!StlF?fCCI l4 I.lIld!'TS H�lP(lYQI
<br /> ' ��-•,�� r which shall not be unreasonAbly withheld. If &�rrower fuilg lo maintain coverage deccribed ulwve, l.ender may, �t Lender's
<br /> ' �``�`'��.�„`� �,��•�t, op�ion,obtain coverage to prrnect Lender'1 righ�s in�hc Praperty in uccord:�nce with parugrnph 7.
<br /> •.�t•:a:.,,.,.,..:.
<br /> ✓ All insurance policies und renewals.rhall bc.accep�ublc to L�ender and shull in�lude a �tandurd monguge cluuse. l.ender
<br /> ?..i; � �:''� .. •� shall huve Ihe right w hold the policies and renewalti. It'Lend�r reyuire�,Bnrruwer�hall prompUy give to Lender all receiptx af
<br /> :�,�,'' . ° "�' paici premiums und nnewul noticeti. In the event�.f los,,Borruwrr hhull giv¢prompt wtice to Ihe in�urnnre canier and l.tnder.
<br /> '�''� ��•'���•• Lender may make pmol'of kis�if not made prompUy by Born�wer.
<br /> � ��' '�� � Unless Lendcr nnd&�rr��wer uthcrwise n rec in writin insurance rc�ceedr shnll be a t�ed to restorution or ir of the
<br /> ` - - !';,:� R !�• P PP� *rP�
<br />-- . • Pn�peny dam�ged, if the rest�iratinn or repuir i.eri�nc�micully feusible und l.endcr'r:+ecuri�y i�not les,ened.If the res�oratian or
<br />- � �'� •�`"" ' repair is nat economicully frarible ur LenJer's+e�urity w�wld b�: Iessened. the insurance Proceeds shull be appliud to the sums
<br /> -- .., --�-•.,;'.'�;{eeq-iit
<br />!� , ;,,. secured by thi�Security Inx�rument, whether �K nat then due, wi�h uny exre„puiJ tu p�rrower. 11'Borruwer abu�dons tha
<br /> • PmpertJ•, ar d�xs no�an.rwcr within 30 Joys u nu�ire I'rum I.cnJ�r thu��hc in�urance currier hu+oftered to,etNe a cl�im,then
<br /> 1� ' , ,, ; I.cnder muy coll�tit Ihr intiurunce pr�x��d,. Lcndcr in•rv uNC thc pr<xceds ta repuir��r re�tnrc lhc Propeny or to pay sums
<br /> : .t?...c-,..�. :.' ,.,'. secu�ed by thix Security Inx�rumcnt.whclhcr ur n�t Ihcn Jue. The i0-d�y�xri�xl wiU I�g.in whcn th�nutice i�given.
<br /> ;���J��-t°` Unlcs.r Lcndcr and B�xruwer ���hrn+•iu agrcr in w�iling, uny ur�i��:�u��n������.,�.r�. t�� principut +hall mit extend or
<br /> '�;• ;��"'"0'"`'.: .."""� potitpone tlk duc Jale of thc nu�nthly paymcntti rcicrmd I„ in p.uagraphs 1 a�Nl � nr changc thc um�wnt �►f thc payrncntr�. 11'
<br /> � {''�"'`'' • " under pnra@ruph 21 �hr Prupeny i,acyuirrJ hy LenJ�r,13��rrc�aer',right tu uny in,ur�iu�p��licic.and procc��J.retiulting from
<br /> °. damuge ti�Ihc Properly priur lo Ihr aryui.ili�m�hall pa.•t�,l.c:nJcr u��ho rxlent��f�hc.um..rrurcJ h���hi.S�tiurity h�snument
<br /> ' : immediAtcly pri��r to thc ucqui�iliun.
<br /> '�t . . 6.(kcupuncy. Pn�urvuNnn.Maintenunre s�nd 1'�•otectinn of Ihe Prupr.rt�t BiKr����rr'�Loan Applii�lion: I.ea�x6nl�ls.
<br /> � � &►rmwcr shall�xcupy�. c+labli,h.and u.�thc 1'ru�xn� r.o N�irruw�r'��rinrip;d r�,iJ�m•e �+ithin.��t��day�afler�he e�e�u�Hn�uf
<br /> .'kr�, - tbi� 5ecuriry In.�rument anJ �huU rantinuc ia �kcupy thc 1'n,prrt� a� liurr„a•rr',rr���,�r�i rr,id�ncc thr al Ir•r.t unc�•car atler
<br /> '::�;``.`�-:. thc da�c oiocrupancy. wilc.�LrnJrr otlxr��•i.�agrcc. m ariun�:. ��•hirh ran+rni.Irdl nal hr unrca��mahly �rill�hcld,ur unlc.y
<br /> • `' '• " �i:�".',,:',. c�tenuating cinum�luorc� rxi�l a•hi.•h arr h��nnd B�xroµ�•r's runlr„L &�rra���rr d�:�ll n��i Jc�tm�•. Jantagc ur in►puir thc
<br /> �+�_.. a •�..:� ,Si°,;�1'.:� Properly, alli�N• Ihe Pru�rt�• tu dct�riuratr.��r rumrnit��•a.rt�un Ihc Pr��pcny . H„rrmvcr.liall hr in Jrfault il'•rtty ti�rlaiturt
<br /> ���' urtiun�>r pr��rceding. whcthcr ri�il ur rrimin:d. i.hrpun 1hu1 in I.cndcr'�g�Hxi lanh ju.fEmcnt«,ulil rc.uh in li�rf'�iuuu ul thc
<br /> , ,!�i. ' ;.y Pp►perty �x��thcrwi.r mairriullg imp.�ir thc licn r�•�ated I,� this Srrurit� In.Irunxnt �,r Lcmlrr'..c�urily intrra.t. B��mr�►•cr mu��
<br />..� '„�' , . curc wrh u Jrfault unJ rrin�taic. a,pr�rvidcJ in p:u;igr.�ph It±.hy ruutiing thc a�•u�m ur�,rnrrrJin�:tu hc di>mi>xd��•ith u rulinE
<br /> ; ; thut. in L.cixlrr'� g�nnl fai�h drtrrmiva�inn. ��rrrludc� I�,rlciturc o(Ui� Harrn���r'. mtcretit m �hr Pru�rly ur atlirr mutcriul
<br /> , � �� . ' impairmcnt��f thr lirn rrcatrJ h� thi. �rurit� In.�rununi i,r I.cnJcr'� .ccuri�} �ntcrc.t. F3ixm��cr .hxll �I>�,hc in�ief•rult iF
<br /> Rurr�n��cr.Juring th�luun.�i,�i�,:,�u„�����k�,.. ��.���,�n�����u. i�i,����� ��,:�.«��;�<<��,���w��,alinn��r.1atr�mnl,lu I.cndcr 1 or IaileJ
<br /> ; t��pra�•idr I.rndrr��ith am �nairrial inti�rnr,ui.an in�•���inrrii.m��uh thr In:ai��•id�nr��d I,� th.•1ut.�. in.�wfin4. hut n„� limit�d
<br /> -. .�.�- tu. r�prc�enlutiunti roncrriiing li�ino��rr'.�,rrup:uir� ��f ihr!'mprrt� :�•;��t��,��r:d n.iifru:r. II thi.tir�•�nt}� Inrtrurnc�n i�un a _
<br /> - i; �. IcatiehnlJ. B��rroµrr ,h;dl runipl� ��itli all thr Fir�,�i.wnti ut ihr Ira>c. II B��rn�n,r arquirc. lu tiUc tn �Ik !'rupert}•. thc =
<br /> . ± Icu�chold auJ thc I'u tiNc.hull n���mcr�r unl�.,I.�n�l��r a�itir,u�thc mcr�cr in ��rit�nF.
<br /> . ' � ;;'..�t�;�;:"�,•�' 7. Protection of Lrnder's Ri�;ht�In the Propert�.II'13urrnwcr failr t���x rinrm th�cavenant�u,id uLrcenxm+containcd in -
<br />- V� • •' ��� ,• thir Scrurity Intitrunknt. ur therr i. a IcEul pr�kr�Jiii� thsn ro:iy .ignilirundc aiflcr� Lc�id��r'.npht� in�hr Pm�xny I�uch a>a -
<br /> „ � . - , • . . pmcceding in hunhruplcy. ���,n��c. tiir runJenmutinn�a t'urf�i�urr ur t��rnt'orre L•���.��r rcgulutii,n.i. �hcn Lr�xlrr uwy d„anJ _.
<br /> , ..�'•• ' � puy tiir whulCt•cr is nerc„ary a, pn�te�l Ihe�alue ul�Ihr F'r.i�rty anJ Lendrr'.ri�:hl� in llic Pr��p;rt��. L.nder'� uctiom ntay -
<br /> - ;{i' :,' , ,, include puying un� �unn .rrur�J I,y a licn u•hirh ha. priurih ovcr Ihi. S�.urit� Iri.nunkn�. ap�xurin�: in ruurt, paying =
<br /> �-.-..-_ ''-,:'.'-_ _.. ._.�.. ...•_••: ':-• .•- ' ••-••-:•- •...�.. „---._. .. ...._� . .�.�.._..�. � .... ...� . � -- ••-'--•�' --'-
<br />_ --tiy .. �caaamqu�c uutnna'yi �a:c�au��nn�n��i vu ua �wFa��� w n�ani i�j.i�iT�. n�un•u�CU �.ain��i i�i:ij �aw� ii�iiiu�unu�� wi.�..iT:i�iu��u _
<br /> 7.l.ender J�kti n�►t havr tn du,u.
<br /> .' � ��,�,i���`�:" Any amountti Ji.hur,cJ In Lc�xl�r uudrr thiti p+ir:�gr:�ph 7 .hall hrcuinc adJiu�mal dcl,l u( Nurra��rr �ccure�f h�� thi.
<br /> _ .�:.
<br /> , I ' , Securiry In,lrununt. Unlc.+ Borr„��•rr cnxl Lrndrr aprcc tu iith�r Icrm.uf pa��n.nt.Ih�.c an�.vnt. +hall hcar intered fr��m thr
<br />=`- dul< <�f dizhur�cmcN ut thc N�►tr ratc wkl �hull bc pu}uhlc. aith int�rc,l. ur��n nniic�tmm LrnJrr tu H��rn►urr rryuc+ling -
<br /> .�� ,.�.�,; p;�yrrnnt.
<br /> - ��.� ' `'�� �� 8. AtortRaRc Insurancc.If Lcn�cr rc.�uircJ mu�y�ace in,ur,�nre a+a r�mditiun otnia{.ing thr tuan.rrurrJ h� tB�. tierurit�
<br /> _:.A�/�.i:t'l`:� . t
<br /> . �..,,.,: � Imtrunknt. Burra��•cr �hull pa�• thr prcmium,rryuir��t„nuiintam �hc mun�,�gc in.0�aih�r in rllrr�. It. ti�r am rcu,un. thr
<br /> � ' "� °'. mnrt�u�� in��uranc�r�ivcra�� rc uircJ h Lcndcr la ti�,nr r�au. �u he in rlfc�i.l3�arn�►�r �hall n thr i�mium.R uinYi �u
<br /> ;a. : �:;•,. !��' b' 4 > p• ' r�. r • y -
<br /> .; iit,tuin ruvcrugc wh.lantiull}�cyui��alcnt m �hr mnngagc�n�uranc�pr��iuu.h i n rll�rl. al a ru�t .uhdanti:dl� �yuival�nt la thr
<br /> - .,� ° ci►st tu H�xn�wcr of thr nwrtga�e in+uranre pre�•iously in ei'tert, fram un ah�rnulr m.�rt�;a�c in.urrr appruv�til h� Len�kr. II'
<br /> . I `'A .
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<br />-- " � • • Po,h�e�,�� form 3028 9180
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