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<br /> UNIPOIIM COVBNANT3. Horrower and l.ender covmuft�nd��ree� follows:
<br /> 1. p�ym�uut d prlaciql wd Inte�ati�P�i'�pt���+Ra, �nower�hdl prompdY paY when due
<br /> . the princlpal of ud intere�t o� 1he deM evldanced by tho Note�nd�nY PnP�Y�nt u�d Iate char4es dua under the Note. . ..;:;�,.:��,,. .�
<br /> � . ]. Fw�tor Taaa wd la�ur�ace. Subject ta�pplic,�ble I�w ar ta a written wiiver by Lender,Barrower shtll • .
<br /> p�y ta L.ender on the day monthly p�ymenu aro duo under the Nao,until the Nate i�paid in fWl,+�ium("Funds") for:
<br /> (U Y�Y��e����srment�which nwy AnAin priority ove�this Secu�ity instrument aa a Iten on the Pmpeny;(b)Yearly .� �.�
<br /> ' k�ehold p�yment�or Qrou�l �eau an the Propony,if any: (c)yearly h�zaM or property inwnmce prcmlunu;(d)yearly �;+��,�
<br /> ' � Piaxl imurance prcmiumr.ff�tty;(o)yoady mnn��ge insu�nca prcmiums, it any;and (�w�y sums P�Y�ble by Borrower ',�•'',�,:''_�
<br /> ' lo l.embr,in rccotdanco wiih tho�►mvl�ians af par�praph 8. in lieu af tbe p�ymant af mortgage in�urance premiums.TIIlSE •'r- F:::�'°.
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<br /> ilem�aro cdlod"P.scrow ftans."I.eMle�nwy,ot�ny time,coUect�nd hold Fund�in�m amount nal to excad the trtwcimum • ;�.,, , .
<br /> �unount�Icndcr for a foder�lly rol�tod mohgAgo la�n may requin for Banawet'�eacrow account under the foder�i ltaal �'.:�-:"�".'.t;:f.
<br /> Fatate SenlcmcM Prc�oodure�Act of 197A As Ametbed from time ro time, 12 U.S.C,� 2601 tr seq. ("RESPA"),u�less �_.,::.,� ,,,,�,�,,;,w,,re;:,`
<br /> „ . �ndhor I�w that applieR Iq Ihe Fundr setr A losser amount. If so. l.ender nuy. at nny time. collect and hold Fundc in an , , ..'•'• . �i=:..:
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<br /> •mount aot �n exceed�Fto 1�ltett'wmaunt. lander moy ostimate ihe iunount of Funds due on tho bsisi�of currant data wid :;.,�;i;�?�:T7'�'� %;��r
<br /> , teawiublo es�immea of ex ncfituroe�j n� w�Itema or otherwlce in accard�nce w�th appl�c�b,o Iww. �,�� ,.*: :c �:�,,
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<br /> �� The Funds th�ll be hold in Md�M:�ihitleh��ise depasiw ue in�urod by a fafeml�$ai�y,'instet�mentWity.or entity ,,,,i.:�;',:-� � �
<br /> � qncludinQ L.ender,if Lendor i�such an inctitutian)ar ln Any Federal Hame La�n B�nk.Lender�hal)apply the Fundc ta � �"�•
<br /> • p�y Ihe Pacraw Items,L.ender ttuy oM eh�rgo Ac�nowar for holding wnd applying 1he Fundt,annuAlly enalyzing tho escrow , � '��
<br /> �ccount,or vc�ifying tfie Escrow Uom�,unlesa I.ander pnya Rorrawe�interest on t1�e Funds wnd applicabla IAw pornnits Lander ��:`���:
<br /> � to nuko wch w chrrge. Howaver, t.onde�may require Baerower to pay a one-time charge for un independent rea!estate I � ::;;�.,...„,� ,
<br /> lu RpatinQ�ervke uiai by 4eMer in connection wilh thia loan.unless applicable 1#w provides dherwise.Unit.ss en agnxment • . • ", :;,.
<br /> i�m�do or spplicable liw requires interest to be paid,Lender shall not be required to pay Borrower any interest or eamings !, •�••};,,
<br /> cm�he Fundi. Borrower wid Lender may ogrce in wridng,howevar,thwt intereat shall be paid on the Funds. Lender slall � "''�"1'�' "�� '
<br /> give w Borrawer,without clutge;alt wMual accounting af the Fund�,shawing credits and dobita to the Funds and the purposa ; .;� .��t„ �.
<br /> fur whiab oacM dtltiit to the Funds wa�rtwde.The Funds qrc pledged w addition�l secu�iry for all sums zecured by this Securiry ' ,, •
<br /> Inu�ument. I .• • ,
<br /> 1 Ii�he Fun�is held by Lender excaed�he amounts perndttod to bc hcld by applicable law,Lender shall accamt to Barrower t , . , -
<br /> for�hp e�ces F,4pd�in Acca�daace W�tp 1he requircm�nts of applicnble Iaw. If the amount of�he Funda held by Lender at ; �
<br /> my Unie w nW wflivknt to pay the Escrow uerns when due,l.qnder may so not�fy�orrqwer in wdtjn��,an�.,i cues �
<br /> ; potmvYS{Wull pwy to L.eMer the amountn�e asary to�wke up the deficiency. Boriower shwll malfa,up fha�1s�ney in , c ,�'r�.
<br /> no mara thKn�wolv�mon�hlY WYt�nl ��t'Lender'� va➢e titi�v�etion. .. '�, ,��
<br /> i i3�ro�Yi��i''sn`tuit at�l1 s��...;�,...^-t.'�;�.`as Srco..�y l�.�r��t. i.tndtr shall pr�m�tly rofund to Borrower ; _ �,,.��:
<br /> , �ny Fundy hrW a�l.cnder.Ii,under pars+g��h:�.l.ender sha11 acquice�xe➢I the Praperty,Lender,prfor to the ecqufsitinn �'� ��
<br /> or ti11e df Ihe Wt�erty. fi�11�pp1v Any Fus¢8�O�rld by L'ender at the time ns arz�visi�ion or sak as a crtidit ageinct the sumc � _ �p� ��
<br /> �ecuta�bK th�s S�urny la�str�wmcr��. � ;+ ��
<br /> , • 3. A�plk�t��oLpaylwa�ts.. Ualess applicable law provides o�t}ierwise,a1!�►�ments received by Lender under � � ,
<br /> ' pN�raphs I.ar�d 2�s�fq�le be�p�lkd:Pitx,.to anY Propaypne4tohgrge;due uader�the Mv�:�o�.��a�►ouMs pnyablc undcr � j . �.
<br /> , pArw�aph 2:thud, to in�crcst Ju�e: fau�th, tei principal due;end last, tn any late ctwrgea due under the Note. !
<br /> i 1. ('Aa�es:I-len�. Ba�rowcr sh��]pay ell taacs, assessments, charges,Fnes sinnd impositions attribuwbk to the � �
<br /> ; p�opcMy w hkh�my attaia pri�•riq•over this Securiry Inatrurnrnt,and leas�hold payments or ground rents,if any.Borcower
<br /> • ehdl pay thcr�e ot►li�eatiun�in td+e rrwnncr pmvided in par•rgraph 2.or if not paid in that manner, Horrower sMell pay them ; � j
<br /> � nn�Ime d�rectl� to thc person u+►•ed payment. Banow•er shall pr.imptly furnish eo l.ender a!0 notices of+unounts to be prid �
<br /> urdcr lhfs p��rap�h•I(&xrower rr�akes these p�ymcnu diroc�ly.Bortower shall pran�ly fumish to l.ender receipts cvfdcncing ,
<br /> Iho p�ym�m�. '
<br /> &►rrowcr.lail pnxnptly Ji«harge�n� fien which 1us priority nver this Security Insirument unless Borrower:(a)
<br /> r�ree�in wrn�ng u�thc pa�mcrn af thc�►t+l�g�tinn secured by the lien in a manner Acceptable to 1.eoder;Ib)coetests in gaod
<br /> fai�h�he I�en hy,ur ikfenJ�++��in.t enfurcemem of Uee lien ir�,lega!proceedings which in tf�e Lender's opinion operate to
<br /> prcvcnt�hc cnHK�cmcm�d ihr licn:nr Ic)secures from it►e holder of the lien an agre�me�t satisfactory to L.e�dtr subor-
<br /> 1 diruting the Iko�o thi� Se�ur��y In.rtroment. If l.endcr determines that any pan of the Property is subject to a lien which
<br /> � may onrin pn.K��y u�c��hu Savri�y Inatrunxnt. Lender rr�y gi�e Brrrower a notice idrntifying the lien. Borrower shall
<br /> i aWUfy thc IKn�x��kc �mc o� mi�rc a! �hc a��ion.set forth at+oce within 10 days uf the giving of notice.
<br /> S. N�r��d or 1'irapeay�lnwrance. B��rroNC�sh�ll keep Ihe improvements now existing or hereafter erected an
<br /> ' Ihe ptuperly inwrcd ag�ia�t I�n► by lirc,h�zards included w•6thia the term "extended covemge"and any other hazards.
<br /> ' �n►lwf�ng� fl�wda�w fk�c�tfrip. for wfiwh I.eoder require.inau�anee.Thls insurance shall be maintained in the amounts and
<br /> ' lut Ilw;peru►J��h�l I.c�Jer rcyulrca.7 h,r��surrn�e rarr�er pro�•iding the Intiurance shall be chosen by Borrower subjecl to
<br /> 1.nJer'.M�+�+r��vwl whirh.Iwll m�t+c unrca.+»uM1y withhrld.If&�ru�wcr failx to mninuiin coverage described above,Lender
<br /> mry. rt I rnJe�'.u�inn, ��M�in.•��verugr a�pnHCrt l.ender'<rightc m the Propeny in�cordance with paragraph 7.
<br /> All mwran�r pdi.•K��nJ rrtxwul.+hall Ne acceEiwhir tu L.ender ond shall imlude a standard mongoge clause.L.ender
<br /> • , �all lu�c�lu r��th�a�huld ilM• p�h.ic.and rrlNN.II� It IAnaier rcyu�res,Bonower�h�ll prompUy give to l.ender a!1 receipts
<br /> ��1�aNl prriu�un�.ral re�wMrl n�+t�cea. In thr cvtm uf I�nr, &�rrowrr�tu�11 give pNimpt notice to the insuranre camer and
<br /> ; I.��rM•r 1 rikk�� ���.y ����i������� �d lu..d nui �nrJr prumpNy M &�Prnwcr
<br /> I�nl�•�.1 cnd.•r.mJ I���r��+.rr���hriw i..rgrec m wnun�.. mwr��.c�rckecJs+hsll be appl�ed tu restoration or repair
<br /> ��t ih�• Puy�r�t� ��,�m,�ycd. ����xr r�e.��,r�u�xi ur np�ir u c:.,TMxaw�U� fe:��ible�nd l-ender's security is not lessened. lf the
<br /> ���bN�n��n��r r.�u �� ma c..�wc���•rlly hr�ihlc�w I,cm�ko�. Kcuray x•ouW be-0e�.,ened, the insurance proreeds shall be
<br /> y�lreal ln�hr�uim+.yurcd hy du.ktiurn�In.tn�ro.�ro.rYriher�•r nM then due.v►+th��.�!exress p�d to 8ortox�e�.!!��rrower
<br /> ���n► the Ih��rl�..n J��•�n�N rn.NCr wi�h�n 3+y d.ot i M�we (r+Ma�l.eio.�ltr tYo» the �a�s�aranc�e cartier has offered eo
<br /> �t �rulr r.l�un,ih.ro I.rn�k�r nw���dlcr�ihr m,u�aixe pa�r-ecal. Lendu map uie t0�e�raeeds co repiir or restore the Property
<br /> �N Iu�wy wm�.r�ure�!hy Ib�+.k.unt} In�trunkn�.�rto�cabrr rw ias�Yrra due �7�e 3�d�p per►a�K�016egon w•hen the notice
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<br /> , I�nN►. I.ciMkr ��wl kM.�n�v►er�MhciN�.. .�µrer �a wnt�ng. uny •rpplic+��c.m�•�praeeds to principal shall txx extend
<br /> HI�MMI�MNM IIN•Juc�4t.�d dN�m��mhl� �ynknh rcicrreJ to in�rugreph� I atxl 2 or change the amcwnt of the payme�us
<br /> • It unJer�uK�r{�h :1 tIN•Vu.�xn� �.�cyu►a•d h� I r�xlrr,H�rrruv►er'+nght ta any insuranee policies end pnxeeds resultcag
<br /> ,� It�xi�J�uw�c�u Ihr P��qw•Hy pnu�a��hr*�yu�.�u,m,hull p•r���u L.ender tu Ihe extenl oi U�e suma uxured by this Secur�cy
<br /> IeW�umcnl �mmcd�rlrly p�uw l0 1fk xyw�d�un
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