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<br /> � ��� '�`' a��' '�. 71�o Fu�xiw shall ba hald in wn inatiwiion whace depcisits are inaured by a foderal agency, inslrumentuUty. or cntity
<br /> „ . . ,��„ .•{��. (including Lcndor.if Lendar ie such an instiwtion)or.ln any Fcder�l Home l.oun sAnk. Lender shc►II ppply the FundK ta pay thc
<br /> »wr..1� °- Escrow items�.Len�lor may nat.chnrge surrower far halding and applyfnQ�he Fund�..unnuAlly analyzing the escrow�crnunt.or
<br /> � ;,., . 'n'� verifying�ha @xrow I�amr,unla►s lxader paYs 8urrower Mtere�t on the Pund�and ppplicabie Inv pem�it�l.emler w make wch
<br /> :� ` .,.1.:� o charge. Nowcver.L.endor mpy�equlre Barmwer to p�y�anc•timc chw�ge for.An independent m.al estatc tua rcponin�service
<br /> .��"-`��^^'""�""""� usai by l.c�xWr in rnnnactinn wi�li lhis I�wn, unlexg npplicable luw. provtdeF otherwise. Unlsss an Agroement is made ar
<br /> t A�II�CAhIe luw requireF lntorcrt w be paid. Lcrxicr shall nc►t bc reyuirbd ta�ay Borrawer any intarsst or earnings an the Funds.
<br /> � �.� �' -•�' ' �' Bnrrower ami l.ender mpy agrea in w�i�ing, however,thut intere.rt ahull bo paid an the Funds.L.ender shAlL givo ta Barrowcr.
<br /> wkhoul clwrge. ,�n annual acrnunting uf the t=undr,, rh�iwin$ credit9 and debits�o the Funds and the pu�c�so fnr which each
<br /> ';" ` ;-- . debit ta tha Fun�ls wus ma�ie.Tha Fu�dx arc pledgad w��Idiuunal�urity for ull sunu saxured by this Sccu r[t f instrumrnt.
<br /> ,;.•_ . . if thc Funds hoW by Lendae exreed tho armiunta permi�ted to bc held by applieable low, Lender shall acawnt to Bnrrowcr
<br /> for thc excess Funds in accardunce with tha r uiremonts of upp1icAble luw. If ihe Amnun�of'the Funds held by l.e�xler srt wty
<br /> cq rem
<br /> � " tima is nM sufficient to puy tha Eacmw Itemx whea dua. l.ender may co natify Bnrrower in writfng,and,in such case Borrower
<br /> ;,• ,�,,, . �. ., .. . shall pay to L.ende�tho amnun� neressury tn moke up the deficiency. Borrowar shall mwke up�he deflciency in no mor�e Uuut
<br /> , ; ��: � • , twelve manthly payman�K,at l.endcr's sole disernion.
<br /> �� �� ., ' Upon paymeot in full of all sums secured by this Securiry Instrument, I,endor shall promptly refund [n Borrower any
<br /> ''�"'�;, s.. Fun ds ha 1 J by L en dar.I f.u n d e r p a r�g r a p h 2 1. L e n d e r s h�l l a��q u i r e o r s e l l t h e P ro p c rt y. L ender,prior ta the ac quisition ur sale
<br /> ' of the Propeny,shall apply any�undr�hald by l.ender a11ha tima oE acqui�ition o�sala as o c�cd i t againu the suma socurod by
<br /> '��'�` : : thia Security lnstrumant.
<br /> 3. ApplicAtbn of 1Mymoatri.Uol�s applicebla luw ptn<<idas othBnvise,all paymcnt�recelved by Lender under parographs
<br /> �,.. • I and 2 shull bc uppliad: Brnt.ta nny prepayment cha�as due under the Nota; secand. to amaunta payabla undar pars�raph 2:
<br /> • third,to intercst duo:faunh.to principal due: +uid lau,to any lata charges due undar�he Note. ':•�: .
<br /> ' ' 4. Ch4rges; LHsos. &�rrower siwll pay ull taxes,assessmenta,charges.f nes and impositinns attributabla ta the Property �'�'
<br /> ' _ � ' whicb mny at�ain priorf�y over thic Security Inslrument. and leaseh�rld payments or ground nantR.if any. Bo�rower�shull pay Y;.
<br /> • � thcxe obligutians in Iha manner pravided in�ar�grc�ph 2,ur it'nat•paid in�hat manner.Borruwer,hall pAy them on time dinxtly �. :
<br /> � to the persan owe�i puym�nt. Burrower sh�ll pmmptly furnish to l.endar all notices nf umount�to be paid under this para�raph. ��,:y,.
<br /> � ' � 1(Borrower muker+Ihase paymems directly,Bormwer shall prompdy furnish ta l.endar receipt�evidancing thc payments. �.,;,:
<br /> � &�rrower shull pr�mptly die,chorge any lien which hati priority over Ihis Secut�ty Instrument unless Borrower:(A)�grea jn .
<br /> � writing to thc payment af ti�a abligation secured by the lien in a manner acceptubl�to Lendar; (b)contes�s in gond faith the lien � �,�
<br /> by, ar defends aguinst enforcem�m uf the lien in, legul proceedings which in tho Lendar�opinion operate to prcvent the
<br /> enforcement of tbe lion;or(c)�+ecum:. fivm the h��IJer of the lien an ngrecment satisfactory tu Lendor subordinuting the lian to ���
<br /> ' thiti Scrurity Inxtrument. If I.endar duterrnines that any purt of the Propeny is subject to a lien which mey atlain priority over
<br /> lhis Securny In�trumant. Lcnder may give Borsower u natice identifying the lian. Borrower shell satisfy th�lian or take one or
<br /> mnre uf the actiann set forth nbove wi�hin 10 days af the giving of notice.
<br /> �• �'•� 5. H�xard or Properly Insun+nce. &xrower shall kcep thc improvementx now existing or hereaflar ercctod on the •
<br /> Prop►:ny in�+un.•d againtil lo�.ti by fire. hnxardti in�luded within�he term "extandud caveroge' aml any ahar h�wrds, including �i
<br /> _ . - _ _ Mad.ar flcx�din�. fur which Lender reyuires insuranee. Thi�;inrurance shall bc mAintuined in Uie amounts and for th�pedods (�,
<br /> • �hut l.ender requir�s. The in�:urance carrier proviJinp tlie inr�urrn«�holl be chosen by SarruW�er .ubj�x�t �u i.�t�ter'�apprcva! i�,—
<br /> �.�;, �,.�, which shall nnt bc unn:a.wnubly withheld. If &►rrna�e� f�ils�o mainwin roverage describod above. I.ender may, at L.ender's A,>�).�;
<br /> . . ., . op[ion, obtuin coverogc a�protcrt I.ender',righlti in the Prupeny in nc:cnrdance weth puragrAph 7. '�;;;:�r
<br /> '''������ . , ��;,., All in�urnacc poliuiu�anJ renew'UIl: sIU1II Ik` :ICCCpl�ble �o L.enJer und tihall include a �tnndard martgage clause. Lend�r �r,�`i,
<br /> � .` �.�- • shull huve tl�e right��h�ilJ the p�liuie�An�Rncwuls.If Lender rcyuire�,&ircowcr shnll promp�ly give to L.ender all receipls of ��!�
<br /> „ , paiJ pn:miumr und renewal rni�iccr. In tha evem of lur.x, &�rr�iwer�hAll give prompt notice�o th�m►urnnce carrier and L.ender.
<br /> • l.endor nmy make pmnf of los.it'nnt mado prnmptly by &�rcower.
<br /> f ' Unln�, Lend�r and&�rrowc��nhan+�ik a�enrc in wri�in�, insurunre prcxeeds xhall he npplied to rastorntion ar repair of the �+R
<br /> - �ruperty dumageJ,if thc re�aim�ion ar repuir i�,crunumically fc•r.ihlu und I.cnder'ti ururi�y��nnt Ie�uned.If tha rextorution ar
<br /> . •' . n•e nx��d�shull bc a liad a�thc+um.
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<br /> � uir iti nut c�oiion►i�ull I�.�,ibl��►r I.rndu
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<br /> ,; �un.ti1 hy thfr� Se�.uri�y In.tnimrnt. ��•hethrr ur nul ihrn due, ���ilh am� rxrc„ paiJ to Burro�rer. It'&�rroa�er ahandonc the .:�
<br /> � Property.or duc+mn•rns�ecr within 30 da��� a n��lice 1'rum l.cndcr th»I thc in.urunr�ramer h�• ali'or��!to zetUo a claim,then
<br /> � Lrndcr muy collurt tho inwrunrr pr��rceJ.. l.cndrr mu�• u.c ihc pr�+cc�til� a� repuir ur rcmtorc thc Praperty or to pry �ums ,. •
<br /> .�..' � ��un.�!hy thf�Sccur+�y h►rtrumrm.�vhethcr ur nat thcn dur. Thc�11-Ju��periud u�Hl bcgin w�hen the notice is gi��en.
<br /> � ._� i Unlu�,. landrr anJ &,rru���rr uthcr��i,c agr�r m a�riting. am� •rppUcatiun �,f pmr��cJ, to prinripul �hxll nin extend or ,�
<br /> ���tpime�he due datr �,f thc monlhiy pu�•n»nt+ rclorreJ 1�� in paragr•rph. I anJ : .rr chanpc th�amoum of the puymema. If ,
<br /> ' . ; under pttru�r:�ph 31 �he Pr�,perty i.aryuir�d h�•I.�nJer. lk,rru��•rr',n�h�1��am imur:uxc p�,licie,and pr�rce�i+re.uliing from •�.�
<br /> . :� Jumagr t�►thr Pn��xn� prior ta ihr:t�yui,i�i��n�hull pu.ti w l_cixlcr ta thr eti�eni nt'�hr.um.+.tiur��l b��Ihi�.S«uri�y Insttumern �',
<br /> immcdiutc{y priur t��tt�c aryui,itiun. �
<br /> ' • 6. (k�cupunc}�.Prc�rrration.lfaintcnuncc and PM�t��atinn oi thc Pn�prrt�: Borroucr'�I.���n Appli�tion;l.ea.5eho�dc.
<br /> , &�rn���•er�h•rll ixrupy.e�tahli.h.and u,c Ihc Prnrcny a>d��rru��er'.principxl iL�idcncc uilhin.ixty du►•.a1'ler theex�YUtirnt uf (
<br /> ,. � , � diir Sc�urin• In.trunurn anJ+hall c�,minur t�. �x.•ur�•nc�Pr�,�xn.� i�• Hurro���cr', r���►.�r�i ��.�a���.� 1���at Ira.t onc ycar af'tcr t
<br /> . Ihc Jutr��f.krupanr�•. unlr+.Lrn�k r u�hrr�►•ix acr�c• in��ritin�.. N•hich con,rn� .hol) nu�hr unrraumuhly wi�hhcld.or unlc�s �
<br /> . � • :,� cxtrnuuting circum�tmirc� rtitit ��hirh ar� hcynnJ B��rcu�vrr'. �y�mrnl. 13nrroN•�r .hall nnt dc.tr��y. J•rmug� i►r impa�r the �
<br /> Pt��perty.allo�v the Pmperty 1a Jcicriun�te. ur rotnmit ��:�.t�un thc Pr�►Fnny B�irrua�r ,hall hc in Jefnult if um� tixtciture
<br /> . . ; xti�m ar prurcrJing. Hhethcr ci�d .►r.riminal.i. h�gun U�at in I.enJ�r',g�nxl li�i�h�ud�m�ni r��ulJ rc�ul� in li►rleitur�af the �
<br /> , �; Pm�xny�►r��thrn�•i�c mut�riall� impair th�li�n crcat�d h� Ihiti S��urit} In•trunhm or Lrnder'..rrurity intcrc,t. &irruw�cr muy ;
<br /> ' � rur�+uch u drl'aull und rc�n�tutc.a.pr�,��deJ in paragr:�ph I it.h� r:w.mg thc a.nun��r pr�xr�Jing ta Ik ditimi..cJ«•ilh a roling .
<br /> Ihut. in I.rodrr'� grnxl I'ai�h Jct�rmin•ru�,n. pmrludc. turlcuurr ul' Ihr Burr��arr'. intcrc.t m dx Nropcn� ��r uthcr m•rtcrial
<br /> � impairmcn� ul'thr lien rrcutrJ h� thi. Sc.urit� In,trumau ��r Lendrr'..��urit} im.r�,�. Burr�,H•�r .hall aho Ik in JrfuuU it �
<br /> &irruwcr.Juring Ihr i�,:,�,�rrr�:�u���� ���,k�••.E�•����:���r�•�ll� I:�I�r ur inarrur�tc intiirmalian��r .�atrmrm.tu LenJcr lur fuiluJ
<br /> In pru�•idc Leixlcr aith am Ill:lll'fIJI mli►rmauun� m:�mn.r�i�m��i�h Ihr Inun e�i.lrnred hy the N�NC. inrluding. hw nat limilcd
<br /> � to. reprexntatiun.r�mcerning F3nrnn�rr'.�kcup.mc� ,,I the F'n,p�r�� a.:�rr��►���:d r�.�.lrnrr. I(thi.tieruril� In,�rum�nt i,an a
<br /> Icu,rh��IJ. Barru��rr .hall r�mipl� uilh all Uu� ��n���•u,n, nl th¢ lea.c. II Nnrnm�r arywrr. Irc UUe la tltt Pruprrt�. Ihe
<br /> Icakh�,ld:�n�!1hc ler 1i11e�hall rna m�r�c unl�..l.�nde�:��r.•r.t��eh�merg�r ui aritin�:.
<br /> ' i 7. Prot�tition uf Lcndcr'�Riy;ht�i��the 1'ro�xrt�. U li�mrn�rr Fail,to rrrl��rm thr ru�rnant.:u�d a�tLtimrnt.rumumed in
<br /> ., � �hi.S�curit� Im�rumem. ar�hrrc i• u lecal �.r�krcJin� ,h:it m:i� •�eneli.:uul� alicr� Lcndrr'.ri_hi. in�hr I'ra�xn� nu.•h a. a
<br /> prixecding in hankruptc�. pn�hul�. li,r runJcnman�,n„r ti�rt.iiur�ur t���ntim.la��. �,r r��uluuun.�. ih�n Lrndrr me� Ju und
<br /> � ; p•ry tiir«�hatc�rr i, nrr�+wn t�� pr�,t�rl Ih. ��lu.� u(thr 1'ru�xrt� :uiJ (.�nd.r'. righh m thi Pr���rt�- I.cndrr'. aruun.ma�
<br /> : � inrludr n:�a�ine :m�� WIIN .rcwrJ h� :l �I�II a�lli'�l �l:l+ prwnt� iNYI' l�ll� tiiCUI'll\ IO�lfl111Mt11. �1��(k:lf111L IO i��Ufl. (1��111�!
<br /> � � reu..mahlc au�irnry.' tcr�:mJ rnlcnni nn 1hr Pr��prrt� ta maAr rcpair.. Atthuu�h l.�ndrr nui� ta►,�.�rnun unurr ini.pa�agr�pi�
<br /> � 7, l.rndcr J�m.nai ha�c ti�Ju���.
<br /> � I An}• umi�uni, Ji.hur.�til h� LriHlrr un.lcr N�i, r:u:i�:r:iph 7 �hall hr�„mc adJ�uunrl dcM uf k��rmarr .�YUr��I h� thi.
<br /> . � � , 5��urity In.ltumrnt. l�nlr.• 13��nuarr anJ Lcixlrr �grrr a� „thcr t�nn.„f pa�mrn�.thr.e anuwnt••l�nll Ikar mtere.i frum Ihc
<br /> �a ; Juta ol'Ji.hur.cmcnt a� thr Nutr ratr anJ .I�all F+r p��ahlc. wilh imrrc.�. u�ni noUr� fn,ro I.�n�lrr ta H��rc��arr r�yu�.un�
<br /> ; pa�•mcnt.
<br /> 8. �IoHUa�;e Inwrun�Y. II'l.rndrr rcyu,r.�l nwn�:agr m•ur:u�rr a.:►runJ��ian ut n�ling Ihr Inan.c�ut��l h� thi.ti�tunt�
<br /> I In.ttument. &�rn�N�er ,hall pa� �hc pr�rniw�i.r��yuu�til tu 111011118111 (Ill' m�.rt�age inwr:mrr in r11.:t 11. ti�r a�» reavm. tlir
<br /> r m��ngagc insunmr�cuicr;►gc rcyuiRd h� Lcndcr lapK.or ira�c.1��he m rltitit. Hurra��rr .hall pa� Ihc prcmium. nyumd la
<br /> � ! oh1•rin cw�rrae�,ut+.lan�iully ryunal�nt tu ihe m�,rtga��in.uran:�prr�iuu.l�• m�flc��.a�a ru.t .ah.�.�nuall� �yui�alrm tu U►r
<br /> � a��t N� &�rn�wrr al'thc murtgugc �nwran.r prc��i�wJ� in rll�tt. fram an al�crn��e munguk� �n.ur�r�ppra��d h� Lrnd�r. If
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