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<br /> -:: � . � 91"'., 106744 .. ,
<br /> (,IN!{�RM CGYENAfiiTS.BaROwar ana Lendet covenant and agree as totlows:
<br /> 1_ R#�IolRrinclpNandlnM�sC�p�nyandL�M�Mr�. 8o't�cwarshallprompttypaYwrhenduatM
<br /> prirecipal Q�:and interost on the debt Ov�denced by tt�e Note and any prepayment and late cRarges dus unQet the Note.
<br /> � F�n�4tor?�cN�andiMUr� SubjecttaapA�iqEtefaworteawrittanwaiverbylender.�orrowershal�psy -
<br /> to Le�sn lite daY monti�ly ptymen4s are�ue unaes tAe Hote,until the Note is pai4 in tut�,a s�m("�unds'�equal ta
<br /> os�e-�1ftp of;(a)yat�rty tases and assessraents wAich may attain priarity oYer tfiis Secu�ity tnstTumenk(0)yeaNy
<br /> - - iwM�oia�ynw+tits as sran�rants cu�ths Pra�a�'t�t.tt snY:tW S►ear�Y haur�inauranee pnmtums:a�0{41 S►��71 �
<br /> �-' mpttgtqsli�aunncepremiums.ilany.Theseitemsaracatted"escroriritems".Lendermay8stimatetheFundsdueont�e ___
<br /> dases oA c�1,nl�ent dan and reasonabte est�matespt tuture esc�aw items_
<br /> _ = TM�undsshallbehetdinanirt3titutianthedepasifso�accoantsefwhichareinsuredorguararneedbyafederalor
<br /> = shte egEn�y[ti�duding lMder it lender is s�ch an institution).Lender sBali appty tt�e Funds to pay the esciow items.
<br /> ` _ �ee�6er m�ynot cAarge tor�otdirig arM applying the Funds,artatyzing theacc0unt or varitying theescro�items.�niess
<br /> 'A''=� l.eader p�ys Borrower inierest on t�e FunQs and appticatiie taw perinits Lender to make such a cha��e.Borrorrer and
<br /> = Lender may agsee in writing tt�at interest shail pe paid on the Funda Untess an agreement is maEe or eppficabte taw
<br /> -_:=''! require5i�terest to be paid.Lendershali nat be required to pay 8onower any interest oreamings on the Furtds.Lender
<br />-=„R'• shatl g�retaBonower,without tAarge,an annual accoantingolthe Fundsshowirtgcreditsand debitstotheFundsandthe
<br /> -°=- �urRpss(¢rii+rtfith each debittoMe Funds was mad�.TAe Funds are ptedged as additional security tortAe sum�sec�red
<br /> _���+, tsy tbe Set+i�t+�►tnst�ument. .
<br /> -_- Nthe�mountoft�eFundshetdbyLender.togetherwiththefuturemonthtypaymentsotFundspayabtepriortothe -
<br /> �.4ft-
<br /> - •duedatesqdtAeescroviritems.shallexceedtheamountrequiredtopaytheescrowitemswhertdue,theexcessshaUbe.at _ _
<br />__ Burraw+erl�;aption,eithe•r ptomptty repaid to Bonower or cre0ited to BaRawer an mcnthty payments of Funds.if the
<br /> am�uni ofiheFundshetdbyLe�deris notsuiticientta pay theesc�ow itemswhen dus.Bor►owersAaq pag toLenderany
<br />'�`���F amauni neESSSarY to make up the deficiency in one o►more payments as required by Lender. . -
<br /> ��`��" -_
<br /> •� �•� UpOrrpaymentintultotail5umssecuredEytAisSecuriryt�strument,LenQershallprompttyrefurtdtoBorrowerany �
<br />_-.-,'_'_.., �_—� -
<br />_.;;�;-',;,.� • WredsttelQbyRender.Ifurtdetparagraphl�thePrapertyissotdoracquiredbyLender.LendershallapptY.aotaierthan
<br /> ;?';�.:� •.. immed"aatefy prior to the sale ot the P�operry or its acquisition by Len�er,any Funds held by Lender at ttre time of °�����.,
<br /> �`"1�� '': �'�;�;� aapteqt+ori as a credit against the sums secured by this Security,tnst►ument. ��=__
<br /> - s,�•,r;.r� 3. ApplkaUo�oiFaprtront� Unless applic�lst�taw provicies otRerwise.aU payments received by tertder unde� '�;�.
<br /> �3��s
<br /> � j�:u<<.y parag�apt�1 and 2shatl beapplied:first.to`late charges due urtderthe Note:secortd,to prepayment cha�ges due under ���_y
<br /> ���`a:- ttt8 NptO:�ird.to amounts paya6fe urder paragraph 2;fourth,ta interest due:and tast,to principal due. ' .=,�-v_,_
<br />,;,,.. : ' ,�,.t',/�,� • '` �`�`,_-
<br /> {,� .;�< 1. 4Ta�Liens. Borrawer�hall pay atl taxes.assessments,charges,fines and impositions attnbutaDte to the " ��t°
<br />��l • • � -� P�operty Whicb may at4ain priority over this Security Instrumeot. and leasehold payments or ground rents. if any. , =
<br /> ?4:t,t� • r,�
<br /> Bcrrow6r i�atl pay these obligations in the manner provided in paragraph 2.or if not paid in that manner,Bo�rowe�shalt { ~.
<br />'�1%�zi�,�� �{ '� themantimedirectl tothe ersac�awsedpaymenl.8orrowershatlprompityfumishtoLenderatlnoticesofamauntsto �-.
<br />;��'L;!?C�`, '•;�;�t:' PeY Y P .
<br />_ ��; ,:{.., pe paid under this paragraph_8 Borr¢w.�r makes these paymeroL�directty.Borrower shall prvmptty tumish to Lertde� ��-�-,_
<br /> �� ��_ receipts evi�encing the payments . —
<br /> �? %"`' ;, �?: Bortow8t shall promptly dischargn awy lien vrh�ch has�nr,;nry over this Security lnstru�nent untess Horrawer.(a) ��
<br /> i::
<br />'r`�5;�.;�.'•;r �}�' agre85 in W��ting to the payment of the obligatian sr_r_�lred by tE:�ti�n in a manner acceptabte to Lender,(ts)contests in �
<br /> ;�y:
<br /> � � : � ,�.,�.�!��, ' goas!failti the lien by.or Qetends against enforasm:rcr of the�3Eir�n.tegat praceedings which in the Lertde�'s opinion - ::��`-;
<br />"'�"�%��, ;'����'� operatet0�reventtheenforcementofthelienorfcit'r�d;�i•�iotanu��..��e`�tt�eProperty;or(c)securesiromlheholderoftQe _. . r °
<br /> � �s�t..li.. ..: =
<br /> • ' • '�r7x; IienanagfeemeMsatisfactorytoLendersubordina�ir�rnelientativssecuritylnstrument.lflenderdeterminesthatany
<br /> J;,�} '� , ��7b`i4� partollhBPropertyissubjecttoalienwh�chmaya;t�"naK�ordyoverthisSecuritylnst�umem,Lendermaygive8orrowera .
<br /> %�;,:;` ��tG
<br /> .- �utiCei�fentifyingihelien.8orrowershallsati5fythe�+f�ortakeoneormoreoftheaztionsselforthabovewithintOdaysot ,r,�,,_ :
<br /> � i'r � th0 ivin ot notice. . . ���,. '.
<br /> ' �t,;I.4�'. 9 9 t;�..
<br /> - �'�,I,i'�: . 5. Hazard lr�suwnu. 8orrower shalt kcetx�3�a improvements now e�C�»rg or hereafter erected o�the Property ��
<br /> ����f`� insured�gai�st toss by fire.hazards invuded�;-;�,+�'the term��extended caverage'artd aR�ather hatards far which 1` � . , -''•;
<br /> . ,.��;;�e - ` -
<br /> '� ��:f.� Len4et requires insurance.This insur.:r+��:s3�i�:rlaintamed i cr;:he amounts and for ihe per��:fJS that LenCer requires- •. _
<br /> ; .•_� : ;;:.,, Theinsu�encecar�ierpravi0ingtheir���.��zsr-:w���.-����osenby'���rrowersubjecttoLender'se�'provalwhichshallnot�e ,�.,.ti,,
<br /> ' unreasonabtywithheld. ';::�'�` .
<br /> t� ���!� All insurance pet�ra;:;�^�cenewats sh2�l 1r:���.atabte to l.ender and sh�li"ciclude a standard ma�n�si;e clause. �}•��:���
<br /> "�,��I'E'�„,, - '�' Lende�shallhavetharig:::�a:-:1.C:hepoliciesaz�n��;vals.IfLenderrequires.Ba:'owershallprompttyg;:��i»lenderall �_
<br /> �.;::8•���, � -
<br /> =��c;•���.' ' �eceipl�01 paid premiums an�rc-rE•,a,��r.otices.fn'fhe event ot loss.Borrowershall give prompt not�ce to the insurance `'�
<br /> ���.���;• _-.
<br /> : • ` eC���•��.� ca�rier�nd Lende�.LenCer may m::�<2��'�of ot loss ii not made ptomptly by Borrower. � R �
<br /> + "�"''�' Untesslenderan09orrowerc�a��:-wiseagr�inwriting.insuranceproceedsshallbeappliedtorestorationorrepair ,,
<br /> . i� . "� 01 the Property dlmageu'.it the restC ":on or repa�r�s economical� feasibte and Len�er's securit is not f��,sened.lf the "��`� �
<br /> �.:::
<br /> �:,. Y Y t,r;,,:,
<br /> ' t�igi� restorafi0nor�epairisr,oteconom�:ti:��;;*sasibleoFtender'ssecuritywouldbelessened.theinsuranCe�rCr�.�_+3dssh811b8 r;!v;,;i� '
<br /> ' ' �>�,�y�/;:�. � appliei!to the sums secured by th�s�sc.:ity Instrument,whether o►not then due.with ar.;:c,rc�ss CG:�`ti3 3orrCwer.1f ,
<br /> -i�'�s;,:.,.� �'•t�: =-�I:j��i�i BOttotverabantlons the PrOperty.Qr y��as not answer withirt 30 d:�ls a notice lrom Lender tr;�:+in�:^��.;:,;r::e Carrier h�
<br /> .�,-._•. .�.,
<br /> .-.,�;,,,��,: - ., ., .� �t��'�,� �, � ,�_ � �. A ,,�irorrestor�
<br /> cc��,°;r� ,���., •..�i=��'�r����� offerCsfto.:rrileaclaim,thenLenderr.-^fcoltect.,�•�su�anceF����-Eds.Lendermayuseth.,�r:aa�=.,;'..o:�.'�
<br /> ��'�;�� ^ :x�r ' ' the PropeRy or to pay sums secured by th,s Secun��.��strumer.t,whether or not then due.TF:e i�1�r��c�"c%�witt beg=^ .
<br /> �r�:Y'd:;��,+".`-:+.: . •
<br />'';;l:. , ..ts:.,. , ;. when the notiCe i9 give�.
<br /> '� ,'y��;r17 � F�.-� . UntessLender�rd�orrowerotherwiseagree�nwnting.anyapplicat�onofproceedstopr^.�tcai5:����!�.%�textendor �
<br /> :ti;;�,�:•� {sOStponethaOueQdt9otlhpmonthlKp:a^,c�^entsreferredtO�npara�►aphsland2orchartgeth��-�-.,u:r�';:4_payments.lt
<br /> �;� ���.'+t- ��`, �'';_';{'��� underparwa��z::'h19!he?roperty�sacqu����dbyLender,8orrowersnghttoanylnsurancepc�����:�a-��r�ceedsresulting {
<br /> ':�,f�.�'. ": fromdamw3atothePrc�e�typriortali��:�cquisitionshatlpasstolenderiotheextentottrsesa.r:sy_e.�eC�ythisSecur�ty � ::
<br /> - a , � tnStrumeM ImmeCiateiy��.rtotr.�;�sauisilion. . �`�'
<br /> l�..�',�`:"'.� ,
<br /> , :�-,:�t�• 6. Preserv�ttae��s+!Mainteru�tee ot ProperEy;les�ehold�. 8orrower snaU not destrcy.::r d:=m^.�r-��r substan- f"�:�
<br /> �';;�" ";'' ���Y�:?;, '� fiallychang?ffieProperty.allowtneFrCae►tytodeteriorateorcc^^�itwaste.11lh�sSecunty�n�rrwr��rtiscraleaseholC.
<br />'t1�?`�'.,i' . ' �:4`� ' `"'� �' �nrrowers�allcomptywiththeprov�:a;��solthetease.and+}Bcrr;+:s.racquiresteeUtletotnePrc..-_~ .;r._�aseholdarrd . �
<br /> ` r� � �,_ I
<br />•:�'�"�'��<< ' �'�,.'�.s �'�`!t'�:'4� tCg fitte sha;f no1 merge unlo8s Lender u rees to tr.e mer er�rs•�,r�ttn � �
<br />.::r..;,,, , . ,• ' , a�,: . . 9 9 9•
<br /> �-� • �'�+T.•� � ,��•,,r�. 7. ProtectionotLendePsRightsinth�Praaerty:Mortgaqelnaurenee. NBorrowertaltstoper`crmtr.ecovenants �.
<br /> _' , _;.'=��_�' ! , *�,�,: 8adagreemeMscontainedlMh�sSecuntylnstrument.orthereisalegalproceed�rtgthatmaysign�fccantiya+'ectLender's �
<br /> . �' .`.�'"� .� . '' tighlsintheProperty(suchasaproceedinginbankruptCy.probate.forcondemnationortoen!orcetav�scrregufafions). +
<br /> n' � ''��!'� : 1h�n��nder may do and pdy tOr whatever is necossary to protect tfie value ot the Property and lender's rights in fhe �
<br /> ��'i� ���r���-----='-i�:•:--. •� .
<br /> i��operty. Lender's aCtion9 may include paying any sur�:� secured by a lien which has Rr;ority over ihis Secunty •
<br />' �..�,;,,. , . Instrument.appeaNngineourt.payingreasonabteattorneysfeesandenteringonthePropertytory�akerepavs.Althougt►
<br /> � �".� lende�may fake act�pn under this paragraph T,Lender does not have to db so. '
<br /> � �� � � � - Any amounts disbu�sad by Lender under this paraqraph 7 sha11 beeome add�tional debt of 8orrvwer securss�Uy tnia ` '.
<br /> _-.._____ ��•`_`��:,`_:��_'�--�:- �estrZtylnslumentUntessBoaowarancfl.enderagreetoothertermsofpayment.theseamountsshatlbearinteresUrom •. _
<br /> �� the date o1 disbwsement at the Note rate and shall be payabte,with lnterest.upon notice lrom Lender to Borrowe� i°°--._.�._..-
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