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<br /> • ' �lAUtN IIOW 0�h�tlr��ft 0111N QfO�Ry.�/t�1�RIR�illd/�Ofls f��O a 00'M�fb��11{yCl��rl�'I�IIM1�'
<br /> • �u or u�e tor.potn9 is netemea to rn mh�d Ms�ent a Mt-Ropa,y.• � : �G
<br /> � � B�tiFiOYYER CQIIEWANTS th�f 8ortowa is Irwh�lyl s�i�d of th� � h�nb1►ean'�yW�nd I�rs IM ri�t�to��nt�nd �
<br /> ' cpbvy th� Ptop�tf►and,tMt th�PropwtY ia t�na�n�M►�Q. �xapt Ior�a�s d noo►� 9onow�r w�nanM Md wr �:� �
<br /> ddw�d pnetiy the titte to th��Ro�rry�q�Uat.M d.ins and e�eynds.aubj�ct to�nl►�na�Er�ee�ot noo►d. �
<br /> < Ttits sECUHm �NSTa umbin.i uiatonn cor.n.na ror �.uonr us. .na non+�nxan� oo�rwrna wtl+ i�e
<br /> v�r(Woas t!Y�ufst�cUait to constldrte a u�filorm sa�vriyr tnstrun�enl c��g�proP�Y• � � �
<br /> UN�ORM COYENlIMS Bprrower and I.�ndrr oovuwit�nd�yna af fo�ows:
<br /> _ 1. PaYm.nt of P�incrp�t ana tnt.r.s� Rnpa�►nMnt and Lab ch��.s-e«rcw.�styf p►amo.�►vlr�►
<br /> - ——- --_ -- -- -__ �
<br /> �e tlw DcindpM d md me�est an 1he debt avide�cad Oy 1M Nae ma�Prep�mnt and I.b t�rpes dw urid�r fIN t�ta�4
<br /> _:g _ <2. Furds�tar Tazis and lesunnct.s�bJea to�p�te�w a�m a w�Nn w�b�LsnM.�Sarawr s!W p!r �
<br /> - — , -- -m t�rtd�rwrtha-�ry mostt�i�r pSYments are Que w►dar tAatdat�.-�usL:-L�s�Nal�1.s A�.In ►!�s a�+n�_!'Funda'}tor.. W Y'1�M!rj _.-�_
<br /> ' taxa �nd assessmen3s wbieh may main PrfaiSY over thla Seuui�yi instr�r�t as a Nn on th�P�opRty: lb)N�y���
<br /> , p�5�u a O'�Q�ents on the PtopeRY. if any: (�2 YaM�d orpropelty insurano�P��(41 If��f/���� .
<br />_-h— ' pnn�s.�anY:(s?1►a�A►mort9�9����P�s.��ny:and M any aums PaY�N b7l 8arwwa to I.�ndw tn�000r��a .
<br />;�- wilf�the provhions oe p�ragr�pn e. in fieu of the payment ot.morty�q�inwnnoe Onn�a�. ft»s�Iqnia ah rabd 'E�aow
<br /> M�ns.• Lender noY. a!anyr tima coieet a�d dotd Funds in an uno�x�t�ot to�+xyid tM m�xinw�n�A a IMd�ba�
<br /> - Nde�rrlyl yd�ted.nlortyrys fo�n m�yt nquYe tor 8attowar's esu0w sCCOUnt talder tlt�Nd��l Rrl E�1[��trwn��t F►oo��i
<br /> Ad d 19T4 as a�n�nded 1rom tirt�s to ti�ne.12 US.C.$2601 d seq. I'�iESPA'k�s anoU�r t�w Un!appM�10 thf fundt
<br />' r aets a tessar amo�u�t B w.leRder mry.at atry ttm�.eolect and hotd Fw�ds h�n snamt trof to�r�d thf lesta a�ouM.
<br /> � , Lender maY eat�te tAe amount ot Funds dre on ibe basls oi eu�ront dN�and rereon�bt��stirrta d�w d AA� —
<br /> ' Esaow Items a otherwlse in accordance witA�ppiable law.
<br /> :x.K l� � --_ - The WntJs shal be field fn an insGtufion whose deposits are fiwred by a fedeY sq�ncy.tnstrumenni�/.a�Y��
<br /> Lenda.H Lender is such an hsLlution) a in any Fedetal Home Lwn Bank. Lenda st�al appy the Fnnds to psy tM Eserow
<br /> - � � . 'items. Lender may not charge Bortower tu hot6s�g and spplyfn9 the Funds. annwl�l aR�9 the auow aeod+i�or YrifyY�O , —
<br /> ,-T-_,1{:.:.�, the Escxow ftems. unless Lender pays Borrower,irrtaest on the Fun�and�pplcabte hw Part�s Lender to nwk! wdt a —_-
<br /> _ �:- �' chmge. Howe�rer. Lendec may requfre Borrower to PaY a onttime charge ta an hQependb►t rad esbte ta�c nparnp saevke —
<br /> •• used by Lendes e� connedion w�lb this toan. tmtess appicabie�Faw provides athtcwisa lJnNss an a¢srnent it 1� a
<br /> appBcabk law�equies int�est to be Paid.•Lender shaA not be r�fred to WY B�a�fl intercst a e�miny�on t!N Fundr. _
<br /> .; gor�owu and Lender may agree in writing, howevef that interest shall be P� an th�Funds. Lend�r sha/� to Bortnww.
<br /> - ; 1rgt:._��,;;��{�•� wnhout charg� an annual accounting of tAe Fwds.ahowing crtdits and deb�s to ths fun�and tha pupot�for whieb MeN �
<br /> ��',;��' j�,�f J� � debit to the Funds wes made. 1'he Funds are ptedged as adF.rtional'aecu�ity ta a/wms seauad by tht S�aaNy MsYUrt�en/. �s_
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<br /> _ _��---=--�.. Htde-Funds hdd by Le�der�exceed the amouMs perm'ited to be hdA 6y pPp���•��'s�����eo�« 4�-_-=
<br /> -- `�,'��T� `" . - for the excess Funds fn accoMance witfi the requicements ol applicable Iaw. N the�nou�t ot tAe Funds hetd by Leeder at any
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<br /> ;•,��v:: � .'�'`' tkne is not sulficie�nt to pay the Escrow ltems when due. Lender may so notify.Bortawa tn wrRhg.And.b sueA ease Borrorra �`,,..-,=c-�:-
<br /> _ _;.•�� .�, stia�pay to Lender the amount necessary to make up the Qe6ciency. Bomowe►shat meke up the deRdeney In ao moro thrn �:.
<br /> twdve monthly paymmts,at Lenders sote disue�on. • �� ,� ��"� �
<br />_ ..' . Upon payment in fuU al.a0 sums seuued by thts SBCUritY�nstrument,L�ende►aha�promptl7►�efur►d to Borrowa�ny Funds :_.__:_._:.�
<br /> `-- , �.. , held by Lender. If:under pa�agraph 21,Lendd shaN acquke oi sell the Pmpdry,LenQe►,prbr to the acquisdion or sate of the °
<br /> 1� . � � PropMy.shaM apply arry Funds hetd by Lender at ihe time oi acquisitlan or aa(e as a txetfil ag�inst the sums ascued by fhb �• '-• _
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<br /> ,�c°?,� . . � � ---8ecurity InstrumenL (" �:.< ==-
<br /> • `;:�ti+^� . - 3. Application of Paymonts. untess ePAG�6te Iaw provides olherwise, all payrnents received by i.ender unda �• . . • ::� �_�
<br /> '`45�:''-i,:_: __..._..��.. _ .�-.._�. �--
<br /> <,;,•,s,,•,.. •• .-, paragraphs 1 and 2 shaN be app�ied: first, to any��epayment cdarges due under Me Note:second.to art�ounts payaWe tmder } .�-
<br /> `:'�c±�`(r-�;: ' �:,;r,, pa�agap h 2•i h ir d,to i n ter e s t du e:t a ss rt h,t o p r i n c i p a t d u e:a n d t a s t,t o a n y I a t e c h a r g e s d ue under the Note. -�•��
<br /> ')";;��'�i��; ;•�,;���Ft; 4. Chargss; �iens. Borrawer shali pay a1E taxes. essessmenis. c118rges.ik�es and �clpositlons altribudWe W tAe -- - ^'°•��
<br /> `,"'`<<'�:.���,•�''�`'`''�� Property whkh may attain priority over this Security tnsbument,and leasehofd payments�or�ounff[eMs.H any. Bortowa►sA�1 ..
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<br /> �:...;,r. . ` • pay these obligatians in the manner provided Tn paragraph 2. or�not paid in that mennd, Borrower shat p�y them on lime
<br /> • "'�� ` , d�recty to the person owed payment. Borrower shall promptfy tumish to Lendet afl notice� oi amounts to he paid.unde►this
<br /> . - � ' paragraph. 11 Bortower makes these payments directly. 8ortower shali prompUy tumish to Lender receipts eviCendng the _ .. . .._ .
<br /> - ' "•�, ';�, paymerds.
<br /> �' 6aa�wer shall promptly dscharge any lien whicb has pAarity wer this Securiry Instrttment untess 8orrower: (a)agrees b � •
<br /> • � • � ' writirs3 Sa the payment o1 the obligatian secured by lhe tien in a manner acceptabk to lender; (b)contests tn good failb the , . _ .
<br /> • `•?;<-`�'� •� � lien by, or detends a�inst enforcement ot the lien in,legal prnceedings whiefi in the LendePs opinion operate to prevent tfie
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<br /> •.:,. �•:' • enforcement o1 the fi2ni or(c)secures hom the holder oi the lien an agreement saGsfactory to Lender subordiaattnq the Yen to �-
<br /> � �� � � ' � ' ihis Security Instrument.H Lender determines that ary part ol the Properfy is subjett to a Qen whTch may attain pdoMy over this ����•�-�:- . .. -
<br /> � • , � " . Security Instrument.LeRder may give Bortower a notice identitying the lien.Borrower shall satisty the.lien or take one a moro al � .
<br /> . tha actions set toRh above within 10 days af 1he giving of notice. , •
<br /> . � � 5. Hazard or Property insurance. Bortower shatt keep the improv���naw r.xtsting or hereaRer erected on ffie . �j
<br /> - - , . PropeRy tnsured against loss by fire. hazards incfuQed within ihe term'extended covemge' and any other huards, tndudr+g
<br /> _ ' 1loods or Ilooding,for which Lender requires insurance. This insurance shall be mafntatned in the amounts and fOr the pedods . . .
<br /> �,;
<br /> ' that Lender requkes. The(nsurance cartier providing the Insurance shall be chosen by Bonower subjeCt to Lenders�pptovd -`+'�' - . .
<br /> � �% �-•. . � � which shall not be unreasonzby witfifietd. H BaROwer tails to maintein coverage described abave, lender may.at Lender's .
<br /> opUon,obtain coverage to protect Lender'3 dghis in the Properly in accord8nce wilh pat�grapn 7. ''� .+.
<br /> • ~'�r • lUl insurance poAcies and renewais shall be acceptable to I.ender end sha11 Include a standard mortgage et�use. Lende► «
<br /> ,, � � shaN have the Aght fo hotd the poficies and renewate. tt Lender requbes. Borrowei shaR promptly give to Lender a1 receipta ot - _
<br /> � "'�;�'•' .7 - paid premiums anm renewat notiees. In ihe event of toss. Bortower shall qive pro.mpt noUce to the insurence carrle►�nd L.ende►
<br /> ,'}�' - Lender may make p��ol ot toss if not made prompVy by Bortower. � .
<br /> �.`,;:• ': Unless Lertder and 8oaower otherwlse agree in writing, insurance praceeds sfiaN be applied to restoration or repak of the � , � _ � �
<br /> >.:;_.�.,?-.,,""" PropeRy damaged.il the restoretion or repair is economicaly teasible and lender's security ts not lessened. H the restotation o►
<br />_ �.=�,`:ISp•?, repak is not economically teasibie ar lender's securily woutd be iessened,the insuranee proceeds shall be appAed to the aums
<br /> ` • �N'""''�<. secured by this Security Instrument, whether or nol then due. with any excess paid to Bortower. If Bortower ab�ndana ths
<br /> i - Property, or does rroi enswer within SO dafs a n�liw from Lender that ihe Msurance tartler Aas oflered to settle a dum.thetl .
<br /> , I,�ndR mry caNed the irrsunnce proceeds:'le��Cer may use tho pracesds to repair or restare the PropMy ar to p�y sums
<br /> -�-._ sevxed by thh Sewrity tnsUumenl,whether a noi then due. The 30�day perbd wi bepin wAen ifie nottes i�91ren• , � -
<br /> � • Ck+kss Lender �nd Barower btherwise agma in wri0ng. any apppwibn ol proceeds to prk�dpW ahal not extenA or �
<br /> - • pos�tixEe the due date of the enonthiy psymerAS reterred to in paragraphs 1 �nd 2 or ehange the amount ot ths p�yn�RL B ;
<br /> -- --- = under�paragraph 21 the,Property is acquired by Lender. Boaower's right to arry insurancs poldes end praeeeds nsultlnq tra�r►' i
<br /> � d�9e to the Property prior to the acquisiUon shaB pass to Lender to the exhr►t o1.the sums by this S�curky InsWment �
<br /> iwnbl�tary pdw to tfro aequisiUon. • ` r: -_- --==_ .-
<br /> 6. Occupancy� Pr�s�rvallon, MaiMensnc� and ProNMion a�f thr Prop�rly; Borrow��'s Lro�n . ; �
<br /> - AppliCation; Lesseholtls. Bm►ower shall occupy, estabGsh,and use the Ptopetty as Barowefa prhelpai tesidenes wRhU � ' ' .
<br /> — sixly days efter ffie execuUort ct't°�is Security InsUument and shail conNnuo to oxupy the PraAerty as Bortower's prindpal .
<br /> residenee fa at le�st one year a!ter the date o!ocapancy, untess Lender�otherwiss a9rees in writY�9.whieh.conser't shY not � :
<br /> ba unre�sonably withheid.or uniess extenuating ekcumstances e�st which are beyond Barowv's controt. Bortower ahY not . •
<br /> . . destroy.d�n�r�or impair tAe Praperty.aUow the Propesty to deterbnte.a eornril was1�en tfie ProPMf►.8orrower�hd be h .
<br /> dM�+N M any forkilure action a proceedin9. whether•civil or��I.b begun that M Lmdrra pood hNb�+d�t eoiAd nwlt. �
<br /> • in taNiMxe of the Properfy a otherwfse rraterLy hip�ir the Uen ae�ted bY�SeaxllY Msln�neet a Lender�spemMy htwat � ,
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