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<br /> � ' ,UNtEbRM CQVENANTS-6oao+war�u►d lender covenant and asree as ioltows: � � .
<br /> ` � • 1.'.f�Nital�neiWandtiN�ns�P�pqnNM�ndL�MCl�s. 8ortowershaNpromPUYP�Ywhenduethe� . ,
<br /> prfncipsl ot and interest ort tAe de�t evid+enced b�the Note and anY Prepalyment and tate cMrge.s due under ttie Not� ' .
<br /> • Z. FundalotTa�taandtnu�ne� SubjecttoapplicabtetswortoawrlttenwaivetbyLender.Borrcwe,rshallPq
<br /> � to lender on the day monthty psyments sre due under Me Note,untii tl�e Note ts paid in fuil,a aum("Fynds"}eqwt to
<br /> • an�tweHM af:U)lRa�y texes and assessmenis whicb aray=ttsia�iortqf over this Seuirity It�struinen�(bj f►aanY: _. .
<br /> UwAWd paY�Mnts or Oround rer�ti on ths Property.t!�nY.(a)IM�fi►hazud insuran�e premianis:and i�1Nenh►
<br /> mprt�a9s insurance premtums,if any.These items are calkd"escrow+tems"•�-ender may estimate the Funds due on ths
<br /> basis of eurrent dataa�d�easonb6te estimates ot.tuture escrow items.
<br /> The FundsstiatlDeheld inan institutionMp�depositsoracCOUntaotwttiChareiasured argusranteed Olt�teder8lOr
<br /> stateagency ti�cluding_Len�ier it tender issuch���,i�stitutian)..Lende�ahAtl appty the Funas to payr the esc�ow,items.
<br /> tender may noe charg�for fiatding.�itQ appfying the�wnds.anatyzinA thasccouM or verityinglfieesc�v�►,items.Unlas�;.
<br /> !ender psys qorrewer interest on tha�u�ds;and.appiicahle law.�ermita lender tq make sucb a charge��$o►r.awer ar�-•�;.
<br /> �` � LgndBr may agree in writirig that interest Shait t�p�id:on,tAe Furtd&Unles�ao agt�ement is made or+8ppftcaDle fara : "
<br /> �equires interesi to be paid.Lender snait not 6e requicHd to pay 8orroweraoy inte�esi or eamings on the�unAs.Lender. `
<br /> � shailgiveto8orrower.withoutcharge.anannualaccounting�ftheFunQssh¢wi�gC�edif5anddebitstotEi��undsandthe ` -
<br />- - purposeforvrAicneact►debfttothaFandswasmade.TheFeuY�s"areptedge4�saddttionatsecu�ityforthesumssecu��
<br /> — by the Security tnstrumeni. :._. , �' . . � ...
<br />-_ ' IfMeamountottheFundsh���bylender.togetherwitt�L�fi�uti,{e.maRthtypayrterl�5.^.fFunQspayablepriortotte
<br /> � duedatesottheescrowitems.si�a!?ex�eedtheamountrequice�la�ayt[zeescrawitems�Ee�due.t�eexcessshallbe,at
<br /> _ - Boaowrer's option,either prnc±r��i't`v repaid to Borrower or cr�:�ta Bc����..�a��►'�Q�t;�?Y�Yments ot Funds.if the
<br /> � amou�toftheFundshetdbylen�`a''�snotsufficienttopaythe�s�::owii�rr;��:�ndue�`��e►shalipaytolenderany .
<br /> -v • artlount necessary to make up�°�°liciency in�one or more Ia�.^�+e�ts as requ�red bg;��3�• _ .
<br /> �, Uponpaymentinfullotails�.�ssesuredbytAisSecu�tr�?.rumen�Lendersha�tya�s,ptlyrefundtoBorrowera�7e . ,
<br />'r f? Funds held by Lender.if u�der paragraph 19 the Property is�sre�C?�r acquirea by Lender�fi`��er shall appty,no Iaterthan _
<br /> - ;;,,.�.: immed'+ately prtor to the sate of the Property or its acquisition by Lender,any Funds held by l.ender at tne time of , _
<br />�'.-i,, � - application as a credit.against the sums secure0 by this S�curity tnsfirment•' �� __
<br />'`��� •` 3: Applicdion of Paynients. Unless applicabte law provides otherwise,aU paymsnts received by Lender urt�• ��--
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<br />__,�.;; paragraphs 1 and 2 shatl beapptied:first,to late chargesdue underlhe Note:second,to prepaymentchargesDue ur� _ _
<br />������� the Note:third,to amounts paya�t�under paragraph 2:tou+'Ji.to jnterest tlue:and 1ast,to principal due. � _
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<br />,�t� � _ �, Chsrye��.£drit. Hasrower shail payall taxes.assessments,ch�-ges,fines and impositions attributabte to the
<br />,,�,,, Property which nay;att�tn�pfiority over this SgKurity Inst�ument,arsd�F��SShold payments or grmu�:sd rents, if any.
<br />-;��y Bonowershalipay�2i2�eobUgatipi�Sinther':i�nnerprovidedinparagraG�2,:a'�lnotpaidinthatmarenax::�Borrowershall
<br />''•�±�: p�y.them on timed'itectty,jAthe peta�A owed p�yment.Borrowershatl promptly turnish to Lenderali rtc+:J::esof amountsto
<br />• �.�°`�• be p�id under this pa�gr�prt•ig Bocrower makes these payments di�ectl�,9onower shaD promptl�iiimish to Lender
<br /> '°° reCeiDtseviderecing,(h��►�Yrpents • ��
<br /> =; ,�:,-- '• Borrawerst►�Slptqncsp�tydischargeany�iertwhichhaspriontyoverihisSecuritylnstrument��+f��sBorrower.(a) �.-�
<br /> 5 � . ' agrees in w�iting ta tha payment of the obligation secured by the lien in a^►anner acceptahle to Lender.(b)cantests in .,�=:;_.
<br /> .c°,, good faith the lien by;or detanQs against enfarcement of the lien in,legal proceedings which in the Lender's opinian �-`-�--�
<br /> ' operatetopreventtheentorcemantofthelienorfoAeitureotanypartoftheProperty:o�(c)securesfromtheholderofthe �:��
<br />� r-' " Iie�anagresmenlsatistactoryto6endersubordinatinothetientothisSecuritylnstrument.ItLenderdeterminesthatany ,
<br />- �''= p�rtolthePropeRyissubjeettaatiertwhichmayattainpriorityoverlhisSecuritylnstrume�t.LendermaygiveBorrowera ��,.._,
<br /> y�:u' .
<br />•• � ' �' noticeidentifyingthefen,8orruwershatlsatisfythelienortakeoneormoreoftfieactionssetforthabo�ewithinl0daysot __
<br />: '. ' thagiving of norina:� `''� ''��-
<br /> t`.:; . . `: , 5, H�ifxfsvi�nce, $orrowershallkeeptheimprovementsflotiy2xistingarhereaftererecte@onlhePropeny 2�.;�.v_=.
<br /> insura�a�ainst 1o5s by fire,hazarQs�included within the terrr+'e�ctande�couerage"and any other hazards for which � `• .'__�--
<br /> a
<br />- � �� � 1e�,1at�aquire5i:�uvrance.Thiis 6nsurance shall be mainta=�e��-n the a�roi+nts and for the periods that Lender reg��r��.
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<br /> The insuranCe Ca"�ar�roviding the�nsurance shall be chose��y o�rrc��zr s:�bject to Lender's approval titi��ich shall isoe be
<br /> . :�, unreasonabty w�+l��'�ei�. . _
<br /> AII insura��c�olic�es and renewa's s�aa�:�5:accep���.at�Lenc=r a��shau include a standare rnortgage clause. •
<br /> . 4:,��f Ler.CC 5hallhavetherighttohotdthe:.o°�c�esaa�renewa:s ����L'enderrequires.Borrowerst�atlpromptlygivetoLenderall
<br /> •re�e`��,af paid premiums and re�e:tal not�ces.tn tne e�enz�`�oss.Borrower shau g�v���ampt notice to the tnsurance =_
<br /> ca~�+p'and Lend?s.:LenQer may�^:ake proof pt tass if not made promptty by 8orrower- •
<br /> � �`� ' �. !:n►essle���sand8orrowerntherwisez;�eeinwriting.insurance��oceedsshallbeappliedtorestorationnrrepair �
<br /> �,. ; � o$c�3 PropeC,y�::�,aged.it the reatoration o��2��u�s economical�y feas.5°�and Lendet's seCU:ity�s r 5t tessened.M the ;'
<br /> ��.,.. .
<br /> ' • res:o��:lon or r2���s�s not economicalty feas:b:°or Lendei s Secur�tywoL�f be lessened.the msura,:r�aroceedsshail be � .
<br /> � ��,: �"!;� `" Epp".92 to the sums secured by this Security Instrument v^��:her or not then due.wntM u^-;�excess paid to 8orrowe�.tt
<br /> . ,�;-�k:. • � Bc:.cwer abandons 1hePrpperty,or does not answer w�ch�r's��aysa nouce from LE•����`hat the lnsurance carrier has
<br /> ' ' ''++'•� � , pffeiedtosettnacF.�'m.thenLendermaycotlectthe�nsurar,���roceeds t�fidermayus�ltig.procee�s'��epairorrestore �.
<br /> - _ ' the Property o�:�y�3�i sums secured by this Securdy Instrun-3rs,wr.etne�ar npt then d•Je.Tne 31-�zy r�riod will begin 4 �,�
<br /> �.. #.���`'" whenth@not�=��:�en. • �
<br /> Fw.::;•'.'` �£int�SSLe�n�Q�andBorrowerotherwiseagreeinwnt�r�.;^�j(�p�,:�s^gnolprocp�:s'bpnncrpa{5"';allnotextendor , .
<br /> � 3' '�•\.
<br />' -��;,' - posr,��.°��theduedateofthemonthlypayments►eferredto:n^.::�ruyraChstand2o►c'�arca�°heamour::Ctthepayme^:s.N
<br /> �n.•:. .
<br /> f •': .:`;•.'-�.:: undzr pa�agraph 19the Prope�ty isaeqwred hy Lender,Bc+'r.7��.``a ttgnl tq any insur�r,.ce��l�cies andproceeds res�fr.�r.g
<br />' ..���r�' ' lromdamagetot+reArope�lypriartotheacqu�sitronshanpasstotenCe�t��""eextento}Yhesums5e�urrdbythisSeC�:Fty f
<br /> �
<br /> . . ' �:- `�`� Instrumen!imm-.'�u*ety pnor to the acquisition. �
<br /> �';`'��� � A. P�eserrilton and M�intenance ot Propedy:l.easehoEC�s:,L��'�'�vor shall not destroy.or,:.,'x��ge o►9ubstan- •
<br /> � . ��.y:= � • � tiaRychang0lheProperry.allowlhePropertytodetonoratearCCmi*.i�e1�,:5te.NthisSecuritylnstrumentisonaleasehold. !
<br /> ' '`°' � � 8orrowershallcomptyw�thiheprovisionsoftnetease.and�f�r,,Y���r3CqWr8sfeetdletolhePropB�ty.theleasehotd8nd � .
<br /> :�;.
<br /> ' - -' '" � -"- tee t�tle si�afi noi merge unless Lende�a�spCS to!he merge�'i?�•y+/titing __
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<br /> '' _. �:�•_ .__:. . . � 7, proteetio�otLender'sRightsintheP�eperty;lNongagetnsuranee. IfBorrawertadstoperformthecovenants �.
<br /> � � •�et• andagreementsconta�nedinSfi�sSecunlylnstrumeM.oithereisateqatproCeedmgthafmaysigniticanttyaitectlender's
<br /> . .�..
<br /> �-_ ��. rights�ntheProperty(suchasaprocead+nginbankruptcy.probate.forcondemnationortoenfo�cetawsorregulatians). s
<br /> ---- --- �.�."`� -_= fh@tt L8rt4B►may dO anti pay ior wnairrvci�s r,ccassa:f 2�Fs�.�G:t^s.%3!u°��!ho Cmnart�arid lertder's�ighls in the �_
<br />, ��. . - Properly. Lender's actio�s may mclude pay�ng any sun:� seCwed by a lien which has pnorfty tsver th�s SecurHy � .
<br /> �� . Instrument.appearinginCOUtt.payingreasonabteattorneys'teesandentermgonthePropertytomakerepa�rs Although
<br /> � • Lender may take action under this parag�aph 7,lender does not have to do so
<br /> ,--.-- ���� ----_ _ . . q�a���,qglgpee�sesl�uier�detun.de�thisf�a*agraph7shalltrecomeaddd�onaldebfoi8orrorlersecuredbythis __•
<br /> set
<br /> �� - SeCUrdylnslrumeM UnteSSBorro�ve�andLenHaregreetoblhettermsolpayment.these0mounfsshallbea�interestlrorrf
<br />. • � . the date ot disbursem�n!at the Note rate artd shatt be payabte.with mteresf.upon rtoUCe}rom Lender to 8anawer �
<br /> ' ..' reauestng paymem • • ` .
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