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<br /> �ORRd1VER�dVEN1�M'S,tlrt 8onnwle�ii Ma1WTp�ei�ed ot d�e WMa�►cave�e�fMd 4�������--'--,-- `-
<br /> � : .�a oc�+rea�tM�P�e�Y�.a�u�a Pr�aey Ys�rra�e�be�ed,except l�n�e�oes�a reooad.�s«rcw�ac wm�l.�a . ` ,
<br /> wilt i�itl ra�ilg!Ae dde a l�e�opary+t+i�t�lt cki�.ed�earnd�.s�bjea w�r�of recoid. � � �,
<br /> • '(1�15•S�C[11U1'�'IIVSTRUlHFM'oaiabihes wdtocia arre�;tar�rtionN me aod aon-w�ifatm covenairti 1�r�h .
<br /> - -g�--� - a�toRar�ity-�mva�aS��-=- . --..- - - --
<br /> t1N1E�M G�OVEN/1N'TS. Bmower a�d Irendec covauot�sd ap�ee a�fdlo�rs: . . 4
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<br /> �rrprcip�tl d aad interest ate the debt evide�ced by the Nde aod�nY poePnyma�t aod late c6f�es due uader the Note. --- _ f
<br /> Z I�iiMk fir 7laa rtei t��e� S4bjo�K to aRPlir�bie la�►or to t wdria�wi�ver by L,a�dec.Borrower sb�tl;p4y to
<br /> '�1xn�a.oa�a dtY�Y P�Y��c�e due w�der Ihe No1e.wiW the Nae is p�id in fuU,a s�nl t"Rnds")faG��I)�yar19, '
<br /> = wta and�a�asmeats which may ait�in p�totjty ovet th�s Sa�Qity inu�nkr�t u a fia►oe tbe PtoQe�ly:(b)yaulY ,
<br /> p.��.�a�a���rroQe�cY;�t��:.t��y�y �Q�s►��u�: c���x�
<br /> i�ut�noe p�duma.if u►y::(e)Y�Y�8��e p�emiuni�,��utyrt a�d(�a�r swr�P�Ys�e bY Barmw�w
<br /> Lrn¢er,ia acoo�tlsooe with"tl�p�nvisions of pQagr�pb 8.ia lieu of tbe�a�mient.of,�ma�t,gsge lnwr�nae p�wubms. 'tlnse
<br /> ` � i�eaK aoe alkd"Escmw Itams:° i.eaWe�ntay.at my wne.coDect�nd UoW Puods l��n:�not ta exceed the maaimum . 5
<br /> � � amo�un s lender.far a fed�eraUy.oelated mortgage lan may trquize for Botmwer�s'csata�v sccaint under the fedarat Rea1 `
<br /> Fa�Me Settk�ment�A�ct of 1974 as�mended fiom time w tune.l2 U.S.C.4 2601 et s�q.("ItESP�►°).imless aoother
<br /> Isw d�t apQlies to the Fi�ods sets a lesser anaunt Jf so.l.ender may,u sny time.colkct and hoId Funds in aa amouat not tu ,
<br /> cacaed tbe ksser amoa�,:.iandei maty psti!'d�e�anaant of F�uWs due�aa the 6asis of carra�t data and n�soaabk ,
<br /> .estut�ates af expenditures bf liltun:Esciow Iums or ot�vvise in ac+r�rdanoe with applicabie ls�w. , .
<br /> . , TGe Fiu�ds ahal�be beld'ia act iastitu6ai whase deposits ac�insuted by a fe�ktal ageacY.inswmattaliry�or emity
<br /> Ctnclnding l.eader.if l:etder is such an'vutitutian)a in any Federal Home Loan Bank. I.��er sUali�pply the F�ds to pay • `
<br /> the Fscrow Iams. Lender may nac chuge Bormwer for Nolding and aPP�Y�B the Funds.aenaslly analyzing the esscmw
<br /> account;a verifyin8 the Esc�ow Items.unless i.ender Pa9s Boc�ower interest on the Funds and a�ptiable 1aw pemuts _
<br /> I,ender to malce suoh a charge� However,i.ender may iequire Barrower to pay a ono-time ch�ge:�;Ymt-�dent ieal ,
<br /> .�te px repo�ing y�nrice us�bY I;�nder in odnnecuon with this loan,untess applicable law provides c#�ew'r;x��:"�[Tt�Ieess an
<br /> •agceement is made or appli�5�aw requines inter�st to be paid.Leader shaU not be ceguired to paY Bomtiwe��c�:;u�terest a
<br /> camings on the Runds. Bor���Lender may agree un writing,ltowever.that interest sball be paid on the�'s. Lender
<br /> shall give to Bor�ower,withoi.��,z;an annual accounang of the Fiuids,showing crediu and debits to the Fun�s and the
<br /> _ — purpose for which each debit to�t�.��ctuds was made. 7he Funds are ptedged as additional security for aIl sums secured by
<br /> - thisSecuritylnstrument ,.,:°., ` .
<br />- If the Funds held by.1x�;3er eaceed the amourtts pem►itte�to be held by ugpticabte law. Lender sha11�accaunt to
<br /> ^ Borrower for the excess Funds�accordance wtth the;a;n�rements of applicable�3aw: If the amount of�Fund�hetd by
<br /> �^ Ixn�kr at any time is not sufficient to�ay the Escraw[tems when due.Lender mm}so notify Bo�ower m writ�ne.and.in
<br /> such�case Bortowet shall pay.to Lea�,�3x amount nocessarY to msrke up the deficiency. Bomow�shall make up the
<br />_ deficiency in no more than twelve montY,G�gayments.at Lender's sole s�creGon. ' : _
<br /> - [7pon Paymcnt in fail of all sums secured by this Security Insuutnent.Lender shall promptiy refund to Bomower any �s._�
<br /> Funds held by i.ender. If.under paragraph 21,Lender shall acquire or sell the Property.Lender,pdor to the acquisition or ��4,
<br /> sale of the I3vperty.shall apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums =-:;::----_
<br /> � ='� secured by this Sec�crity Instrumen� �r r��Kr T„W-
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<br />':' '` �"=' �'�^,"� 3. Application oP Pgymenis. .CNess applicabte !aw provides otherwise. aH paymenu n:ceived by l.ender under .. •;y�;
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<br />- � r-�R paragraphs 1 and 2 shall be applied:�n�t,to any prepayment charges due under the�lot�second,to amounts payable under _
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<br /> :�. ; p gcapb 2;third,to intere�t due:fourt:�,to nnci ai��e;and last,to an late char es�due under thc Note. f,.,,: , _,�_:
<br /> '' �. ��;'`,+�; 4. Charges;Liens: .Somower shall pay aH tax�s.assessments,charges,�fines und imposidons attributahie to the • �,n� .��{,a.:
<br /> :;,�;.,; ,. �`� �,r:`��' PropenJr which may attain�iorety aver G*.is Security Instrument,and leasehold payments or ground rents.if anq.�,Horrowec ''�,�'.,��nr'.
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<br /> ..',�;;'�;.r, �. :. �.�� shall pay these obligations ia ct�e mar,r��sovided in parag�aph 2.or if not paid in that manner,Borrower shalI Qay them on_ �'�,1�/1 r� � -;
<br /> ,y�,ra � time directty to theper�on ow�ed pa}:�'.�ar:.:Sorrower shall promptly fumisb to Lender all notices af amounts to be paid ande� . '�- . �.
<br /> `•�`-'-�� � � •�� this If Borroaer makes tte:ae�ayments OirecUy.Bonow•:.�s�all prompity fumish to Lender receipts evidencin� � '
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<br /> '�} �i;<t: � Borroa�er shall promptsy discharge any lien which has prionty over tfais Sec�ri�Inctrument unless Bonawer(a)agrees iy„. ,
<br /> `!` �+':-� • , in writing tv the payment of the obJigation secured by the lien in a manner acce�cabie to Lender.(b)cantests in good faith the , � '
<br /> - " lien by,or���nds against enforcemedt of the lien in,tegal proceedings a•hich'r:e i''rie�I.ender's opinion opente to prevent the �
<br /> •�-��� �' enfoccemeQana�f the lien;or(c)secures from the holdei of the lien a��c�ement sa:isfactory to Lender subordinating the liece�
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<br /> � to this Sec�ue'�ry Insuument. If Lender detertnines that any part of tt;e Propem;is's�bject to a lien which may attain�riority - �- � _
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<br /> ,'•� over this Security Instras��.Lender may give Borros��a a noticc identifyinm¢fz�;ii:n. Borrower shall satisfy ttte tien or take �{,,;, . .
<br /> one or more of the actiords s�forth above within 10�ti•s of the F:ving of notice. • ��;�;-,"� .
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<br /> u:..;:� , : 5. Har�rd or P�y Insuranc� Bonower shall kcep the improvemerr.�na�w existing or hereaftcr er�Cted on the t�•.�• _
<br /> :.s , . Property insured against loss by tire.4��-ds included within the term"extended co�exs�a�"anr�uny rnher 6az.�rds,including ��':.:-��•� -_
<br /> - , . . ' floods or ftooding,for which LertSec a�q�ires insurance. 7]�is insurance tihall be maintain,°,d�in the amounts s�nd for the
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