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<br /> _-- =. - - - � , ^ - _ �1=� _10�123 . :
<br /> _ . . � :< vxn�c���►xr� �eor�ma r,�a«�r,u,a,��fou�: ���y P�Y Mhen due
<br /> - � 1. lbrt�f Ri�etlr a�I�e��Pe�Mt a�i I�Me�.7�s. Borrwv
<br /> _ . ���.�u����������y�y�ytandluechugesdueuadertbeNctd .
<br /> .2. Firs pirTiss M Lwra�oG S�bJecttoap�lia�bk 1�!N asto a�rnttm Ma�vtr by L�der,Bori�rar s�il ixY .
<br /> ` t'o Leeder ca tbe dsY��Y WY�u�due u;Wa tl�e NotG unb'1 the l�te is paid in fuit.�wm("Fwids"1«luai to
<br /> `anNt�fth of:�,fa)Yeariy'tszes and�s�smeats�rhicie may attain prioriry over tbis Security lnsuument:(b)Ycar,Iy .
<br /> 1a�eLo�f P�Y��6��!cs on tbe P�opa�tY,d any;lc�yeu�y ba�ra ms�ce prem�um�s;a�Ea>y��. __-
<br /> morty�e ia�wraxa premiwas.�f any.Thae iums ue caikd"escrox items.",Leader may estimue ttx Funds due on ti�e: �
<br /> __ , basisaEwr�reacdatafondtr�som�eestimatesaffotore.esccawitmas. ` . . ,
<br /> - � '['6o Funds sball be bdd�m inuituti�oa.fbtdepostts or�ccounuof wltich��re insused osguarantoed by s feefeixl or .
<br /> �,�.q C���g���g sucb an;t�sritation).Lender s�ll appt�t1�e Funds to pay the escrow itaas.
<br /> t� � ��nsy nat�harge for hoidinE and apptying.tbe Funds.analyzins the accoan;or vciifying the Gscrow itams.untess .
<br />- - �.Pri Borroxer inu[e3t oa thc Fwids aad applicable ta�v permits Lendar to maico sucb a cLuge. Borrower and
<br /> ,�. L�dSx.msY sgroe in writing.that,iatqest s1Wi be p�id on tiu Funds.Unkss�n agrammt ic a�ade or applicable 1aw
<br />-'`-`: reqµires in�er+est to be paid,�.sba11 not lx roquircd ta pay Horro+�er anq mc�st or amings on tf�e Fands.Lendcr. -
<br />- - s�ll=ivc w Barro�ru.witl�ant.charg�sn sonual accoanting ofthe Fn�lsshoaring c�edits and debitsto tbe Funds and thc�
<br />--� purpoce for wt�ic6 ach d�bit to tbe Funds Nas made-The Funds areptedgad as additional seeurity for the sums���bY
<br /> . - tlusSect�tity►Instiument. ..
<br /> � ' if the amount of the Fwtds hetd:by�r.together with tLe fiiture moathly paymenu of Funds paya6le prior to
<br /> .;•.� tbe due dates of thc escrorv itans.�ha}1 eRCeed thc aniount roquired to pag the esctow items wben daG the exces.s sball be. _
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<br /> - st Borra�rer's option,ather prompQy s�epaid to Bortawer or creditod to Borrower on monthIy paymaiu of Fancts.If the _
<br /> ��� anwant of tl�e Funds bel�6Y�.es�drt is not�t tv paY tha escr4w itec�s whm due,Borrower sha11 pay to Lender any - °_--
<br />``:r .."` aa�oantneccssarytomaicSupthtdd�ciencS'inonebcinorepaymentsasra�,uiradbyi.eader. �--
<br /> UP�P�Y�t ir[t6lt.at'aIl sn�secured dy this Sacurity.�astwment,Ler�d�shafl promPtly refund to Borsow�r . �K
<br />, s . - �ny Fu�s held by I,ender.I�ut�der p�agraph 19 tLc Property is so7�ar acquired by Lendei.Lender shall apply.na tate�•: - � ._-=
<br /> :..}';•' than immodiately prior tq the salt of the ProPerty or its acquisitia�b�I,�nder.any Funds held by Lender at the time 6f_. �"-�
<br /> <<I`:�, . ppplicatianasacredita�tliesc.�socarodb�thisSecariry�insuammt.. .. '_ - -
<br /> Sec
<br />-`�,,;�• n .- f.:s 3. A/�lie�tios��le,F�b.�•UnJess appGt�bk Iaw provides othecR�a11 PaYments receivod by Lender under � -
<br /> • '•�''�' t�ragrsphs 1 and 2 shallbeapplied:ti�st,to tate charges due under the Notr,secau�,to prepayment charges dae under the tr, ��-
<br /> se .�.�
<br /> ��'��'. � -"•s,��"�,f Not�third,toamountspayabCeunda�ragraph'2;t'duttb,toiaterestda��nct�toprincipaldue. - - -
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<br /> -,_:�:�;�:. ,' 4. Gsr�Lie� �Orro9re+r�Sa11 pay a11 tazes,assessments.charges,fines and impositions a[tributable ta the`:.. . ;A.<<r:
<br /> � �::..°:'= . Prope.cty whieh may attain priority t�w�ths Socurity In�trument, and leaseholc{ paym�u or ground rents, if anY: - ., -
<br /> Borrowu shall pay thae obligations in the manner provided in paragraph 2,or if not paiditrtliat manner,Bonower shall , , �
<br /> � -: .:;u.`, �•', ��• pay them on time directtg to the person awed paymen�Borrower sha11 promptic fi�-raisb t�.�ender all nati�of amaunts . , . .�'„ r _
<br />:;;.;::. �� � . ��:�r�,: to be.paid undtr this paragraph.If Borrower makes thae pa9ments diroctly.Ber,orier�[promptly fur�-�to Lender ��•:-. . _-
<br /> , � �-i,. :�. : ' ' � - . : .:. _-
<br /> .:� �•�%, receipt�evsdencingthepayments. � � ,.. �
<br /> ' � :� Borrower shall promptty discharge any Gen wbich has priarity aver this 5+�ccr�tY instr!iment untess Bonowee:(ay . , •_. -
<br />•:�;::;`�_ . :. 1;;., •< .c;.!
<br /> ,�.;. _ ` ."�.��= , agtea in aYiting tp thGpayment of the obligatioa se,C:xced by tttc 1"ren;.�s a maarce�adcep�able ta Lender:(b)contcsts in good
<br /> � 'i;._ faith the iien by.or deFeRctsagainst rnfareement cfthe iien i.�,tegal proe�n�v�+�icb in the l.ender's opinion apera,te� :• j:.,;� : , `.
<br /> • . prevent the enforcemeu�of the titn or forfeiturt af�scy part of the Property:ar(c)secur�from the halder of the 1'reic i�.*n ►: ,� '. '
<br /> �. agreement satisfactory to Lender subordinating the Iien to this Security Instrument.If I.ender determines that any par�af � �.;:'{�R
<br />'''�`' the Propeny is sub}ect ta a lieri which may attain prioriry over this Security Instcument,I.endcr may give BorroKer a � . ;,�:.:;� •. -
<br /> • .�� ` notice identifying the lien.Borrowec shall satisfy the lien or take one or rr�ore of thc actians set forth above within t0 cfays , .�;:,,,•,.� .
<br /> ���`.�' ' afthegivingofnatice. �, � ,^ �-�_:� - _
<br />' . S: H��d lnsurance• Horrower shall keep the improvements nnw eaisting or hereafter erected on the Property { . ,'JL:.�
<br /> ' insurod against Ioss by fire,hazards included within the term"eatended coverage'and any other hazards for which I.ender � •, ;_-..
<br /> ,.,,;� .,� ,` ;` ' roquires insurance.This insurance shall be maintained in�he amounts and far the periads that l.ender requires. The .� ` . ' '' ��_;:�
<br /> �t � " �� insurance carrier providing the insara.zce shall be chosen by Rorrower subject to 4ender's appr�val which shall not be � . � "�"'
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<br /> , . � • • unreatonably withheld . , . ..:: -_`s
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<br /> - AA insurance poliei�and tenewals shall be aceeptab!e us I.ender�nd ShaA include a standard mortgage ctau�e. k ,. : ,�•�,. ;'._�-_:
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<br />� � •� • Lendes shall have the dght'to hald the policies aad rdi:wats.If g.ender�equisc.s,Borrower shall pramptly give ta L,en�es.. !`,', -�.,: ,;_
<br /> ',:. � ' atl receipts oi'paid precaiu:ns and rene►fal natices.In r�re e�er.i cE�ass;BorroKer shalt give prompt natice to che insatartce' !':•;;, :���•�,�k` �;
<br /> , (,;. . ,.;s;,�;�r�;'s. -: :�!
<br />' , :��tn�?�:., qrrierar•.�#°i.ender.l.endermaymak.p:ootoftosssf�otmade�rar^pllybyBorrower. _ � ,,y.�f.,. _
<br /> . , � �, �,;, tJr.fess L�mdcr and Borrower o�herwise agree in writing,ins�:rance praceeds�+hall be a�p!iec!to restoratian ot�e�.ir . { . _�
<br /> oPthe Fiopeny damaged.if the restorarion or tepait is ecor.os�s�s�z:�y�teasible and l.ender's se�:rity is nat le+sened.tf tEte � � �,'' `S,s�7 �
<br /> • ` '1.` �� � ' restaration or repair i�not economiCalty feasibte ar l.ender'b sec::rity wawld be 1�sencd,{P,e i:ssarance�rrneeedc sbali be ! . - ._
<br /> ' � �• �•'�':, . applied to the sums secured by this Secuaty Instrurrteni,ahetl�er ar not then due.with any eacess paid tn Satrower. U � . ,-
<br /> � "�;�. =: •_*.�;~:��' Bonowet abandoas the Property.or does not ans,�et within 30�fayS a notice irom Lcndcr tF.;;t the insursr•.ce carrier has . ;
<br /> =:',:.- . . .
<br /> • -:� '����'�;;,� oSered to scttlr a claim.then I.ender may collect�he insuraace gni:reds.Lcnder may use the[�r�gcteds to repair or restare
<br /> . ' , " �'.'�;.`.;;;;`' the Property or ta pay sums secureQ by Ihis Security tnstrument..whether ns nnt then due.T�:�30-day{�eri�d wi1)begin . . , '
<br /> .;,; ' �' �';:�' when the natice iy given. : - .
<br /> ' � �`+,�: L'nless l.ender and 8nrrower athetwi5e agree in writing,any applica�ian of proceedr tn Fr,ncipal shall nnt eatend ar ,
<br /> � ' . `•���•• ' postpone the ducdateof the monthly paymems referred to in patagraphs 1 and 2 or change the�r..cunt of il:c payments.If.
<br /> , ° � under p�rap,raph 19 the Properly is acqnired by Lender.Barrowefs right lo a�y inwr:�nce pr.;_cces and prexeed�resulting
<br /> . t'tom damag.ta the Property priorto iheacquisrtion shall pati.r to I,endrr Intheextcnt uP�he•um.r.recured b}th��Sccurity
<br /> ' ' ' Iastrusner.timmediatelypriortotheacqsiiyition. � � . ': -
<br /> � 6. Preserration aed Malntee�ece ot PraOttt);I.easehdlds. Borrc+wer�hall not destra}•.Jamage or�ub�tantcatly � , .
<br /> . � . � change the Propeny,allow the Nropeny tn detex�or�tc ur commit wastc. If th��.Sccuritp In�trument iti on a learehoJd. � ' � .
<br /> , ' ' Borrower shall rumpiy with thr pravisivns hPthe lease.and iP Borra�vrr acyuirc!�fce t�tle to the Yropeny.the t�a.�chold and
<br /> fee titte shal!not merge unless Lender agrecw to�he merger�n writing. _
<br /> 9. Protecttoa u! 1.ender's Itlghts in t1�e PropeHy; �tortp,age lesurance. 1P Bnrrawrr fa�la tu perfi�rm thc -
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<br /> � covenani�and agreements cantained in this Serurtty lnstrument.nr therr i��lrgal prc+�:cedmg that may signific:�ntly affc�:t
<br /> � ' - • Lender's tights in the�Prnperty(su¢h aa a praceeding in bankruptcy�, probate, fi�r condemnauan��r ta enforce 1aN�ar
<br /> ' - reaulauoas).then l.ender may do and pay fos whatever is necessary tu protrr�the�alue of thc Property and l.endei�right� .
<br /> � •� � in the Pruperty. I.ender s aetions may �ttrlude paying any sums securrd by �lien which has pni�r�t� vicer tfiic Secunty -
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<br /> - --.- _-- - tnstrument.appearing in caun.paying seas�inablc attnrsse�s lees and�!!!erir��m the Yrapertv t�.make repau�_Althuu ^ _-- __ ,
<br /> � ' Lenderm•ry�akeuctianunderthisparagtaph7.Lenderdi�notha�etodosi�. .
<br /> � ' Any:�mountsdisbursed by Le�det under this paragraph?shall becume add►tiun:�l debt nP H+m<•uer�ecureci by tNi.
<br /> � . .' Security lnstrument.Untess liotrower and Lender agree to other tec�.of ra}�mem,the�e ami�unt��hall he�r mterest fr��m � .
<br /> • ' ' ' the datt o1'disbursement at the�1ote rate and shap b�p�yable.�ith mterett. upuu nolt:c from Lendrr t�� Hnrruacr ,
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<br /> .___.-__ .-`�._�._—____,_ requcstingpa}r�senl.-.. . � . .
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