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<br /> '� ' M . . „ RE RECORDEO ��� 1(�5 �3+� 1Q�aSQ
<br /> • . . TOfdETFiER WITM �I th� kprow+irNntr naw Kedbr rnaUd on tN�proprty� and�1 MswmM�� �PWrt�naM� md
<br /> • • • Ib�uwa now a hwMft�r a pa�l of th�propMty.AN nptooMn�nq��nd�drAtion�sAY aMo b�oov�nd by thM B�owNy In�G
<br /> AN M th�IaspoMtip M nlrr+d W N Ihl�BrauNy Ins4umNft��1h� 'PropMty.'
<br /> BORROYVER COVHNANTB th�t Baroww 1� lawlury �aWd of th� ut�h h�nby oonvy�d �nd he� th� ripht lo praM md
<br /> aonvy th�Prop�tty�nd Ih�t th� Pro�ty b un�nwmlMnd,ex�pt fa �noumbmoN ol noord, 9onowr w�mnN�nd wM
<br /> d�lw�4 p�nKYy th�IMN W 1h�PropMly�p�hd d d�m��nd dMrwnd�,wbJ�ot to�nY�nam�bnna�of noord.
<br /> ;, n+�s eEOUAm i�u�n� �a unNam oov�nta fa ndlond ut� �nd nomw�Mam aovww�U wNh Nmlbd
<br /> v�Mqpn�by Judsdiotbn to aanttlWts�unHomt��owNy Inikummt oovwinp nd prop�tty.
<br /> UNIFORM COYENANTS. Borrow�r�nd L�nd�r aov�nt�nd +�prN��k,llowr.
<br /> 1. P��nt o�Principd u�d Inhnst; Pr�p�ym��tt �nd 4t�Chup��.BarowK�h�n pranpuy p.y wn.n
<br /> � dw th��r�nWpd of�nd Int�t on Ih�Mbt�vWrnad by Ih�Not��nd u►y p►�p�ym�n!�nd wU oh�rpa dw undu tl»NoU.
<br /> . � .:t:-'. -� 2. Fund� ta Tax�� �nd In�uranc�. BubJect to�ppNo�ble ww a lo�w�INn wdvN by Lmdn.BonowM�h�N p�Y
<br /> ,; to l�nd�r on ih� dny monthN WY�U �n dw undK th� Not�. unUl Ih� Not�k paW In iull, •wm('Fund�') tor: (U Y�Y
<br /> - ;;- • �.. Wt�s �nd�s�a�ment� whlah m�y�ttdn pfairy ov�r ihls Saourity M�Uum�nt u • Wn on the Prop�ly; (b) Yary Nu�hold
<br /> +y. %r}> � .,.x paymmU a yraund rw►u on th�PropMty.n.nr (a)YMiiy h�zard a prop�rty Inwninc�Pr�mlwnr, (d) YwN 11ood In�ut�nc�
<br /> prwnlum�.q�nY. h1 Y�Y�9�0�fnsuronoe pnrnluma�H any;�nd m�ny wm�payabt�by 8ortoww to l�nd�r b aacardma�
<br /> � '' +s��.�' wMh th� provl�lom of puagraph B� In Ihu ol th� p�ym�nt of mortpap�Imuranw pr«nium�. Thes�ftwns u� c�Nsd 'E�o►ow
<br /> ,�:,e�u.. =�;°_ _:� , Ihms.' Lmd�r m�y. �t �ny Ilm�. wWot uid hotd Funds In �n�mount not to�ccMd Ih� m�xfrrwim amount �I�ndrr fa+�
<br /> � ;�:�" �`� �' •" t�dKaNy nUt�d mort�p�lan m�y rpuin lor Bortawer'a esaow �ocount und�r lh�IrdKal Red EsUt�Ssttlem�nt Proo�d�u�s
<br /> �iSc:.:.-aas Ad o1 1074�t ur�nd�d hom tim�to t4ne. 12 U.8.C.�2801 d seq. ('RE3PA'). unlen anothr Nw tluq �pplNa to th� Funds
<br /> , �1:��r • •.•. :' sMs �lasw unouM. 11 so, Lendw m�y, �t�ny tMns, aoNscl�nd hold Funds In wn unount not to aee�d Ihs las�r amount.
<br /> y�� • � Lmd�r may aUmat�the anount oi Funds dw on th�basis o1 aum�nt d�h�nd rMSOn�bM�stkn�ta o1 �xpmdid�n�of hiWr�
<br /> ,� '°`�' �- � ' � E�crow Items or othMwl�e in aecad�ncs wNh appliabls law.
<br /> �`� ' . Th�Funds shwN b�heid tn an hatltuUon whose depoafta w Inaurad by�Tad�ral apenay.InatrumenUlily, or en1Uy(InoWding
<br />�` • � , � Lendw, B�BfIfJOf I� 61lOII N InetButlon)or b any Fed�ral Home Loan B+ink. lendx shdl apply Ihe Funda to p�y the Escrow
<br /> ` * • Itw�n. Land�►m�y not charys Borrower tor holdlnp and�ppt�My the Funds.�nnwly andy�np the eaerow �coount, a writyN►g
<br /> E. , • . ih� E�crow tt�ns, unless Landw pay� Borrowa InNnst on the funds �nd appWaabk� I�w pamfts Lender to malc� such w
<br /> . . - . aharp�. Howaver, Und�r m�y rpuln 8orrowx to puy a onatime ahrqe lor �n Ind�p�nd�nt reN �at�te Wc repaUnp eervlae
<br /> ;„ •' u�M by L�ndr tn conneotlon with thls lan, uMass �ppllc�Ws I�w provld�a otbeiwiss. Unlas an opreeme�t Is tn�de w
<br /> " - " �ppNaW�law roqukss Inta�st to M pdd, Landa ah�N not b�requlred to p�y Bortowu any Int�rsst a e�mkipa on ths Funds. r
<br /> Ba►owr► �nd Lander mey �pres In wridnp. howaver, thd Intwsat ehaY be pdd on th� Funds. Lender ahW ghre to Borrower. "
<br /> wNhout chup�, �n�nnwl aecountlnp o}th�funda, showinp aedit� and d�blts to the Funds and the purpoae for whbh Mch
<br /> " . d�bit to th�Funds w�s nwde. The Funds �n pledyed+�e�dd�ond aacudty tor aA auma sacured by ths Security Inetrument.
<br /> . II th�Funds held 6y Lender sxceed th�u�wunta pertniNed to be h�d by�pp4cable I�w, Lender eh�q�ccount to BoROwer
<br /> ', '':`� lor ths exass Funds In�coord�nce wBh iha requkanents ot�ppllcaWs law.If the amount ot tha Fu�da hNd by Lender at any
<br /> � � ' tim�{s not sufAdent to p�y ihe Es�xow Items whan dus, L�nder m�y ao notNy Botroww In writinp, and. M suoh c�so Bonower
<br /> , shaN p�y to L�nda ihe�mount necesauy to mrke up th� deflclancy. Bortowv M�N make up ihe ddidancy In no mora lhan
<br /> �. ,i�.,` .. twNw monthly pnymsnls.�t Lendx'a sds diaaNbn.
<br /> 1 '� Upon payrn�nt In (ul of aN sums a�uxed by Ihis 3ecwity Inslrument. Lender shaA promptly rofund to Borrower any Funda
<br /> � � � '�• • held by Lenda. II,�nder panynph 21, Lender ahall acqui►e a seA the Property.Lender, prior to the acquisNbn ar aale of iha
<br /> �.�:.
<br /> - ------ Properiy,ah�if�ppi�i any Fun3a h�id by La�da�i lia timr oi�yuleNlot� Oi i�I6 i6 i GiB�II i�3ltiGt NK GiMl6 58Wi8d by 1II�3
<br /> � �•�•'' r • ' 3�cu►ity Inatrument.
<br /> ,I,!�•• • 3. Application Of P�y1T16Ms. Unieao �pplicable I�w pmvldes otherwise, NI p�yments reeeived by Lender under
<br /> `,��; , p�rapt�phs 1 and 2 shtll be appllad: flrst,to any propayment charges due unde►the Note; eecond,to amounts payabla undw
<br /> �. p�rayraph 2; thkd,to inteteal due;fourth,to princlpal due:a�d last,to any 4te chargea due under the Note.
<br /> �, , 4. Char��l; U�ns. BoRawer shdl pey �U toxea, �ssessmenta, charges, Mea end ImpoelUona alMbutabte to the ,.,�
<br /> Propeity whloh mey attain priority ov�ihis Security InsUument and leasehold paymentn or ground rents, N eny. Bor►ower ehqll
<br /> •• pey theae obllpaUona In the m�nner provided In parepraph 2,or N not pald In th�t menner. 8onower shell pay them on time i
<br /> •�` � di►eotly!o the peroon owed payment. 8ortower ahall promptiy(umish to Lender NI noticea o1 amounta to be pald under this �
<br /> y� peragraph. If BoROwer makea these payments direethr. Bortower ahaU prompdy tumleh to Lendar nceipte �vld�ndny iha
<br /> .f�i} p�ymenta.
<br /> Bonower ahell prompUy discharge�ny Ifen which hea p�lodry over thla Securiry InsUUment unlesa Borrower: (a) �prees in ;
<br /> i .t ,��•. wdtk�p to the payment of the obligaqan secured by the Uen In a manne► acceptable to Le�der; (b) contests In good falth the �
<br /> '� Uen by, ar defonda agelnst enforcement of the Ilen In, legal proceedings whiah in the Lender's opinion openle to prevent Ihe I
<br /> � � �" ento�cement af the qen; or(c) aeeures hom tAe holder ol the Nen an�graement satisloctory to Lender aubordinating the Yen to k�+
<br /> � �";' thla Seeurily Inntrument If lend�r detemdnes that any paA of the PropuAy Is aub�ect to a fle�whkh may�ttaln prlority over this �:�
<br /> �'� 3ewrily Inatrument,Lende►may give Borrower a noUce idendtyln�the Nen. Borrower sh�A sNisy the Ilen or hke ane or moro ot 4
<br /> the aetiona set toAh above within 10 deys ol the givbg ol notice. ,
<br /> S. Hazard or Proporty In�uranco. Bawwer ahrp keap the improvemenln now a�lslinq or hereafler ereated on Ihn
<br /> Propaiy Inaurcd ageinat loas by Rre, hazards included wNhin the term "exlended coverage' and any other hezards, Inciuding � ;�
<br /> . � floods or Aooding, for wMch Lender requires insurance. This Inaurence shell be mainteined In the amounts and fa the perlods
<br /> ' lhet Lender requlrea. The InBUrance cartier provldNig the Insurance sheN be chosen by Bortower subJect to Lender'a approval �
<br /> which ahaN not be unreasoneby withheld. If Bor►ower faNs to malntaln coverage desc►lbed obove, Lender may, at Lender's
<br /> . optlon,obtaln eovenge to protect Lendar's dghta in ihe Propeny in accordance wdh paragraph 7. I
<br /> AM Inauranae policiea and tenewels sheN be accepleble to Lender and shall include a standard mortgage clause. Lender '
<br /> � ! ' ��',' ehell heve the rlght to hold the poNciea and renewals. I(Lender requlres, Bwrower aheM promptly give to Lender ell receipts o1 �
<br /> ' • pald premluma end renewal noticea. In the event of loss.Bonower shall give prompt notico to the insurance carrier and Lender. ,
<br /> �1.,:�� Lender mey make proAf of bss H nol mede promptly by 8onower.
<br /> '`�� •� Unless lender end BoROwer otherovlse agree in w�ting. Insurance proceeds shaM be apptled to res►watlon or repek of the
<br /> � Property dameged,tl the reatorallon or repak Is economically leasfble nnd Lender's security Is not lessened. II the resteration or
<br /> � � . repelr Is not economlcaly feasible or Lender's secudry would he lessened. the Insurance proceeds shall be appUed to the aums
<br /> � secured by thls Sewrily Instrument, whether a not then due. wilh any excess paid lo Bortower. II Bortower abandons the
<br /> �' � PropeAy, or does not answer within 30 days a notice trom Lender thel the Inauronce certter hes otlered to serile a clolm. lhen •
<br /> , Lender may collect tho Inawance proceeds. Lender may uae tha proceeds to repalr or restore the Property or to pay aums
<br /> �' � eecured by ihle SecuHty InsWment,wfiether w not then due. The 30•day perlod wlil begin whe� Ihe nolice is ghren.
<br /> ' UMeas Lender and Bor►ower othervvise egree in writing, any applicaUon of proceeds to principal shall not extend or
<br /> ;:F: pontpone ihe due dsfe ot ihe monthly paymenis referted lo In parag�aphs 1 and 2 or chenge the amount of the payments. If
<br /> under panpraph 27 the Propeity is acquired by lender, Bortower's right to any msurance policles and proceeds resulling han
<br /> dom�ge to the PropMy pNor to the �cquisttlon shall pess to Lender to the extent of the sums by this Securily Insirument
<br /> - � i� Inan�di�tely pdor to the�cqufsiUon.
<br /> �___ _ 8. Occupancy,_Presarvation. Malntonance and ProtecNon of tha Property; Bo►rowor's Lwn
<br /> , � �� nppiieation; i.s�sanoids. Bortower snaN oecupy, estebASh. encl use Ihe Properly as Bortower's pn�elpal resldenee wnhin
<br /> •� aixly dsys afler the execution ol ihls Security InsUUment and sheU conUnue to occupy ihe Prope�y as Bonower's pr�ndpal
<br /> � i msidence for�t least one yesr aRer ihe date ol occupancy, unless Lender otherwise egrees In w�tfng. which conaent ahall not
<br /> • L`. be unre�aonebly wilhheld.or unlesa extenualing ckcumstances exist whlch xe beyond Bortower's cantrol. Bortower ahell not
<br /> �a desfroy,dam�ye a Mr�p�k ih�PropeAy. allow the Properry to detedonle, or commil w�ste on Ihe Property. Borrower sh�ll be in
<br /> 1 dehuh N�ny lorfeflure�ctian w proceeding. whether dvA or alminel, is begun thet M Lender's gaod I�ith�udgmenl could resull
<br /> in forlNturo ot th�Property or otherwise matwWl�r Impak iho Iiw�created by ihls Secwity InsWment or Lende►a sewrily Inte►est.
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