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<br /> � r:.' t�'"�;=�;_�� ,.� T'ne Fundg shal!b� [a�ld ia an i�sjituria�.v�has�deposits ere+ir�s�ut�isy a�edera! s�r;�`instr�m��le °,,���� , - ---
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<br /> (t�etuiPWg�.cnd.e�.4f Le�dei is suth an tnsiitution)ar,t�any�ed�l�omc.t,a�n Bank:i..�tisr shall ay�Iy,��;��Y��tiC '
<br />_��� -.:,��._�.; ' �SCm$r ite►rs:T.ender m��not cha.rg��wsr.far�aidiag tu[�APP�Y�3 the�au�ds.aan�lh►�l.Yz�ng tho �'.�At,ur ..
<br />,`�" �•- ;a�-�'��'� , v�siYyimg e�e,��v Iteans.UOI�59'LgAS�'G3`�}(S�S)'lt�UW�°T iJ��[e5!OA t}IC FUS�S:�SpplICBbIt'.���ts�dee tt�fizake such ,._
<br /> =:�,4 �,:�` .' ,. a ch�ge.I�Eem��er,Lender muy req�iait Burr�ti��er.to pay e o�t�IIiAZ:i�e furr,an Indeg�din+�� E �s^i�ta t�uc ee�oitiug 3esv�cc °"� 4 .
<br /> �.;- f•> by�d�r 3n conste�.lon with tFus laan. un?rss appliCa6te �iw�g�ovtdes�ot�smuise. Ur�f�tua agre�aeai i madb�`r ' '
<br /> ' �:l�a�;� , ns� ,
<br />-�t.' . . �� ,e�plic��e tsw seqvirs i�t'+�st to 6�p�d;L+e�°r slsall s�i 6e se�nired tm pay�or2'ower�ag it��ss m an�e.�u�ds. _
<br /> _ "'.:<-,�;:`��'�`��_`�= � Banovier and Leader m3y sagr�in writing,Isacvever,tl�i�interest�ttll he p�.on tis2 Far•.ds.Lend�r at�i ve to�rrotv�t.' � --
<br /> ' �;;;.�':.,°,� ��:y '.: ^' _ withmu ctrarge,an annuat�ooauating of the��ufs,shuaing a+�dits amd debi3s ta t�e FLrt�s an�t6�purpose for wh�cfl'�ch , '.
<br />-- - •::.`:�;�,'�`' demii w the Fuads vYas made.The Fuwls ac+e ptedged as xddition3t s�utety for ai}sums s�red by tIus Security Inst�umeni. > . _---
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<br /> :-_- �_ --- -If the�uuds hetd by iamder exceed t�e amouats�w�he2d by iicable taw;Lender st�aoc,�uns�tci reow�r -- __
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<br /> . fo�tlt�eacess�nads in a000idanoe�viib the neqai��uf a?�plicaTote la�v.If e amomnt of eitc Furtds tt�td����s+�
<br /> - ' - time is nat suffcc�ent to pay the Fsciow Items when dt�.I�ttez may so nutify Hflrrower in watins,and.in such�8airov��,Y. -
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<br /> . . ,. . . .: �, . shatt,�y to I.ea�er dre amourna�c�y tu m2k�tr�r the de5��Honawer sHall mmke up.th�defec�en�y!.in uo�
<br /> � .� r , ,e ,F:,�,_� �u�;mnnttil.y.�Day,mca�ts,:atT+.aendr.t's:s�ledi�ian. " ,; .,:., . .. , . . � -
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<br /> ;`�' s, � Y r~{ � j�A�E��J�.71I�fUI�'0�AII:9t1AIS SL�1�:�j'�'�11�.��7f1I.�,1 EAS1Tt1A�GILt.1c.Gld�f`3}J2��AF.06�� 'F.�.1JAt�[YC BAiRSWR1."Afla( � �, .
<br />-_'ur ` . - . Fi�da;b�b ;i�d�x.:�•vnderpara�iaQtt 2t;I�ader s6a[I�•nr,sel1:tltee;Prageri� y�T.arde�r,j{{�'pr:3ar:t�r.��if{e��ya�cqu��f��i��.�.�a�r.�}s,a(.l� , -
<br /> ,; • .a: - :;�'tfie�;;.�1l�ap�Iy any Fnads 6eid by�endEr at the ti�o��nis�e�or�le as aCL�NJY��%�w�L17iYl�i1�X� J � l��Jll�+w�Fk ��H••-��'-- •
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<br /> �,. ,t�����.` s � , .:rk;;;`� �ip� •�asfs.Unless appllcable law provides O t�SJi�3�1TS�s` ,�`t.�q� ��7 y�; „`�"a•�••"--
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<br />�,,.. ` ;: <, �,y ,��:�ii3��l�i�:��'�'e:a.,�f4`'�;�;��'�y P�Y��8es dc�uad�t�.���b�:"��'bS.ai��.�?�s2�ti�-� . „��!" ' - - - -
<br /> .: , �,�to"`�c�ae;fma�-�i::���i�.�pat due;au�l last,to any iats ct�.��ti�e uader the Note. •• : ."� ' ` -
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<br />- _ :,�,.� 4.Cl�ug(s;Liens.���r she11 pay all taues,assessments, chaiSes,fines and�mpositians attn'butabie w the PioptrtY
<br /> ' : �� •° ��,•;- :' : � �v8ich may attain priority ovei�this Security Iastrumeat,ancl l�old payments or grannd rents,if atry.Bonower shall P�Y
<br /> ,•''';''` . `:`; th�se obligatioas in the manner provided in paragraph 2,or if uot paid in ttiat manner,Bflrcower shall�my them oa.tiute dicertiy --—
<br /> x�,:.'�;'�� f; ,,` •` to We person owed payuo�t.BflmoNer shali pmmpity fumish to Ignder ull aatiaes of�uaounts to be pr�d tuide:ti�s paragraph. �� ' --�—
<br /> � . .:. :`� If 8orrower makes these payments direcdy.Borrower shall pmm�dy fumish tn�.eader reoeipts evidencing the payments. �_ _
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<br /> � - .�..�. .. ..;,��,;.: ..:• Borrow�r sbal!Dmmptiy discharge�s;sy l�sa which bas pnofity ove�this Securlty Instn►mettt unless Borrower:(a)a �in !._.r _
<br /> �. ., -� �-..;-:°�an�:°-':-: - . . .. . _-wriang-to-tRe�pay�aeato�theobligation�secuced-by-the-lien-in-a-r��erascepusbfetoLender:-(b)-cantests_.inscwd.�atth h�lien►.--.------.—�-.
<br /> �'�'� ���'�s�'�`-} tiy, or defe�s a�ainst enforcemcnt of the lien in. tega! proo�dings which� in the I.endex'6 apinian operate to prevept the �=,--
<br /> enforoement of the lien;or(c)secures fcam the holder of.the lien un u�reement satisfactory tu Leudor sub�rdinating the Iten to �_�.''
<br /> : '�� . this Security Instmmem. If�en0er determines that any pan of ihe I�openy is subjert t�a licn�vhich may att�in priority over ."�
<br /> �y this Securi Instrument Lender mn �ive Borrowcr n notIce identifying the lien.gorrower ahall saUsfy the lien or lakc one or � ��'=� -
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<br /> - -- . ��` - �rrore of the actions.sa-forth at�ove within[0 day�ot the.giving of notire: �:-��=��----
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<br /> �� � ' � S. Hamrd o'r Prope�ty [asnrunce. Bonower sha11 tcecp the Improvemnnts naw eaistins ar hereaRer erec+ed-on the ��.�%' ;ii-
<br /> . . � . Pc+operty insured against lass by fire.haTards inctud�d tivithin tl�e cenn"eatended coverage°uM any o�r t�azards. Inctuding ' +'`; -;
<br /> � � �.. .� :: ..: Ruods os ilondin�.for which Lender requires jnsurardce.This insurance shall he mAintained in the amounts and for the pedods � -,
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<br /> ..; Y ,a��:;?;�;�`., that Len�er reqwres.ltie insurance canier providing the insuiance shall tie chosen by Bornawer subject to i.eader s approval : ,.>s�'
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<br /> -� ' ,•i;, � . , wAich shall not be unreasonabty withheld. If Borrower fails to maintaia cove�age describ$d a�ove. I.ender may.at I.ender's � ��'�
<br /> . ' ..-��`; option,obtain�verage to protect lander's rights in the Ptopeity in accordance with paragraPh 7. .
<br /> � ` "�� ,'� � A11 insucanc,e pol(cies and rertewals shall beaccxptabte to Lender anA sfeall include a stattdard mortgage clause. Lender `.,';�.�'� '`
<br /> . . '��," `. shall have the right to hoId the policies and renewats.If lender requi�es.Borrower shall pmmQUy give to l.ender ali receipts of :��.`:�
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<br /> ', � paid pnmiwns and renewal notioes.In the event af loss,Borrower shall gnre prompt notice to the�nsuranes carrier and I�ader. ;•.;,,<�;�,.>-
<br /> ---.-._-. :-'-�:;:,'.. _ Lender inay.matce praof of loss ii noi made yromptly by Borrower. �:���,�,�.. .
<br /> � � ^ Untess I.e�der and Bomnwer otherwise agme in wndng.insuranoe pioceeds shall be applied to reswration or t�air o€the i� •:�, ,
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<br /> property damaged,if the reswration or t�pair is economicatly feasib2e a�d Lender's security is nat lessmed.If tbe�estoralion.��. � -'`'��"'•
<br /> ' 'f r�pai�is noi eoonomirally fe�ibte or LendEr's seeurity would be lesa , -
<br /> -�I.the iasurance prnceed.g sfiali be a}sp}ied ca the s�ii?s�:'.�, ��;;�
<br /> } . , . . � : secured by this Securiry Instrta�te�nt. whethPr or not then due. witfi at�excess p��,.id ta Somorier'Ig,$4rmuier r�isandarr�'f1j�:;:' i;_5, �s°
<br /> � , ;; Property.or does not answer wid►in 30 day's a notix br.wcn Lender that the'ins•��,��rarrier tu�s fiffcr�trs.�#�1��'�cla[m;then ,��t� . 4-- "_
<br /> ' �,r����,tr::::i�;s;:°�:�;';:;., Lender rn�a}tallect the insuranoe praed�ds. Lend��a�:�use the proceeds t� :�+r or cesu���.�i��Property dr to pay su�s .��� ��, - -�_
<br /> . , ,1"r, , v5•.�::,,,. sewred by 4`�.�s�eeuriry Instrument.��tfi:r oi not the�i due.The 3t3-�Y�esiod cc::,''9�in v�lu�1lie norice is given. . , f��
<br /> �� „^,', ',�s+�i;� j;�;:1 Unless'fi,�n3er and Borrower otharivise agne in writing,�?;.�pslication�f procee�f�b�.�srincipal shall not exh�a�;� � ; ° ..
<br /> . ��;�;.;�;��,;x�;,.;;::4:�}i;.�'',` postpone tt�e.�EwE•date of,the monthly payments referred to in�p:�s I at�.-�or change�n�amount of the paymaq��'Ef. ,.., :�-�. �, __v
<br /> r. .�,;4�'�,, ;:... ,,,,,.;,_. under paraSt�P�31 ihe}?r�ro�rtp is acquired 6y l.ender.Borrow�s..nght to an��.u�;•arance polic►es and proceeds resultrog.�� ' ss, .�-P:-�-'-
<br /> :�'� ' r ��'r� damage to[1�e�sopem•p��s co the acquisition shall pass to Lend��to the extent oP the sums secured by this Security Instrumint ''; '' �*��°'
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<br />:;�,�5 :�;,,,.: immediatrit�nor to t�:�:a�iisition. . .f�'�_-
<br /> ,;�,;�} ; �; .,_ 6.Ocs�n�cy,Preservutton,Maintenance and Protection af�►e Propeety;Borrower's Loan Application;Lease�ds. - -
<br /> ,..�,.:..__
<br />- � � Borrower sha�accupy.establish,and use the Property ac Borroti�•zs's p€iiicipal residence within sixty days after the eaecutiv�s of •'-:,. •: ....r•..
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<br /> • � ;'•-.;'� • ..•� this Securi��+�z�strument and shall continue to occup,y fne Propeay as Botrower's principal residence for at teast one year afCer
<br /> ' ''' -' � • the date oi'yccupart:.y,unlecs Lender atherwise agr:.�s i�wnting,which cons�ni stxaall nol be unreasonably withheld,or unless ,: " �� - .
<br /> ' ' • eatenuating.oircumstances exist which are beyon� Bn:rower's canuol. Bu:-��+���x,shall not destroy, damage or impair the ..
<br /> " . • Property. :�H•aw the Property to deteri�raie. ar commit waste on the Proper.:•.: �fvrr�wer al��al1 be in default if any forf iture �. .••;,.,;��;:;�:
<br /> ' � action or�n:�u�eding,whether sivil or•rr�.,rainal,is be un that in txnder's �fi�iuc'ud ri1:nt aonfd rosult in forfeiture.s�Fihe .��� •�'`;-'"
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<br /> < ,.; . � • • Property or otherwise materially impa"ir aPia lien created by this Sccurity Instrvmzn3 or,l.er.ster°s security interest.Borrower rnay ' . �=!�•�
<br /> � cure such a default and seinstate,as pravided in paragraph 18,by causing the a�ti�n or proc�eding to be dismissed with a iul'ang �':--.�,.,.•,'`:.�!?'?1�-i��.;;•`. '
<br /> �� � ' that, in Lender's goad faith detertninatian. 4reclades forfeiture of the Borroe�er's inierest in thc Property or other mater+�D; ' .;,;`t:' ' . '
<br /> �. i impaimr:nt of the lien created by this Secunty lnstru�neot or I.ender's sxurity interest. Banower shall also be in dePault if ,
<br /> Borrower.�iuring the loan application process,gave materially false or inaaurate�nformation or statements to l.ender(or fa�led
<br /> � to provide H.ender with any materill information)in connection with the loan evidenced by the Note,including,but not limited ,,;,;:�. ,
<br /> ' � r. to.tepresentations conceming Borra��•er's occupancy of the Property as a principal residence.lf this Securfry Instn�ment is on a .
<br /> , ,i teaschold. Bnrrower shatl camply �sith aU the pruvisions of the lease. If Borrower acquires fce title ta the Property, the , ,
<br /> ' ' leasehold and the fee titic�hatl nai mcrge unlesy Let�der vgrces to the mergcr in writing. ,
<br /> � -• � ' 7.Protection of Lertder's Rights in the Proprrty.if Bormwer fails to perform the cavenants and agre�ments cantairted in ..
<br /> ° ` ' this Security Instrument.nr there is a legal procecding that may sisnificanUy affect Lender's rightv in the Pmperty (such:�s a • ' .
<br /> _ �; � • . . �, , praceeding in bankruptcy.probate, for condemnation ar fi�rfeiture or to enforce laws or regulalii�ns),thcn Lender may do anJ
<br /> " .�.�.i,. Fay for whatevcr is nccessary to protect thc v:�lue of the Praperty and Lendcr s rights in the Propeny. Lcnder's actions may
<br /> `� • ' mclude paying any sums serured by a licn which ha� priority uvcr this Sccurity Instrument, appearing in cuun, paying ,
<br /> � .� '''• �. "reasonable attomeys'fees und entering on thc Pruperty to make repairs.Although Lender may take action undcr this paragraph •
<br /> ;c � .�. • 7.Lender does not have to do so.
<br /> •,'� Any amounts disburscd by l.ender under this paragraph 7 shalt bea�in;:�dditional debt �t'Borrawcr secured by this
<br /> 5ecurity Instrument. Unless Borcowcr and Lcndcr a�;rce to other u:a�u.,��f p�3�n�:t.these amounts shall bcar lnterest from the
<br /> . ,;f date o.f dli,sbursement at the Note ratc and shall be payable. wid�:,ii,r.4a�:�:;��o;c�i��otice from Lender to 8orrower e�qu�»tis�g
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<br /> . ..�. �' �;��a��,T.g,age Uuu�ce.if Lender requirui innr+ga�e insurs+��ac';�:,,��axic��i��ii.i�f making tE�e ta�n secun:-�Gl�r:iiirv'S�c�emr�y;i
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<br /> b.�.. ; '{ �FL.�[f�111)1:7)1'::�'qlf4W�CE•ii73i71'��13y�Ilv[�TCMIURIS I�Qll1T1'�IO [11fl:11C�7➢S I�ol� d'1.._.it_�:{itcurarce in effe�. ��.��?'ii�;!�.Re��'.1Sc.��rl f:;.I t l � �• �`;��r q� ��'f
<br /> .�fi` •'j.�';�ir,,`';` mart�a��iii�tu;.�►cg,�,itti:rig�e ri�luir�U�� i.endc.�r Iapses nr eeax�,��tSi:.'Tl��t:ltl�:i..','&;rrau•er�Jxill,�'!ti�.'i:1.i�:r!�9's�ll}r�it T�'])��E�,:I�� . '.5P r
<br /> ; ;� ��`,1:� ����-'�?dr;' ObFdlIIi.ii,WlXi I'�:rii� �ut�ly�t-qai�:�31�t1 t��.the mortgaQe insura�tii�:i�i"•S`t+e LLSl`�• :it�tfi3:t.al:i•,�:�5}:t,.�ill�':Tai,:?'Y�`R��e.:.:l:{t'ilAL`T1.'�i.���iN� ,�`'�� .;�P.�� r+'
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