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<br /> i �°yt-°lrahtioc�l fi C�1fli[�C. iln��lr.vice. t.f:P.t�t:I'li3:ty i�'f!U�tt��FII�dR'1'a'[f➢�/_ly 8t}liC•1�[iSJ 6�1:11�C Ilii'.tt{�illti G7 �11�."1i! 1't:•�t`!,�Ii f�x 1 j��,�t�nN u•�o.,. „
<br /> ---'-;Yxrt.:;,�Y USCI� �,Ij� �.Cil(�Cl' lil COIIIiCCIIu❑ �V11�1 ��II'1 �(::lli. UII�t;S? uli`1�fC.:�1�C �91:' �qOVll�:::i Ol�i!'itUl�:'. (�I��;:i'� ���1 P:;�i:;.�i.t11 t� 1'.����' �`6
<br /> w--.- t�pplicahlc iuw sequires interc;t te�be�'+�aid, iA�xier tihali oi��t be rcyuir�Yi to pay 43�tirrau�cr airy Int�.ir.s+►r i.n:.�iu5��v�tlu�•u�xi��,
<br /> n�` :�� 13ce�an�:i ancl L.eutlee'�}u�y i�;;h�e,: iu�;:ldo�.Ita:�evei•, th:�2 ii►teir�.t r:i�:�l4 iif�p.z��cF:i d�^ 6�uiaal,�. l c:ud�,r�►r.�p�.i��e•t�•l�,�r�,,•ivrr - --
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<br /> _ W1l�l0U�G�1�7i6C. wll i11tIlUHE 1cc:uuiiiing Oi Ii1C t'lLp(�S, S�lUWtl�g C�cYiu`�f�it� uw�i:.f.r lu� .U�.a.«.�" t..: � r __ . .
<br /> �� del�it tu thc runds wns rn.vae.'Thc Funds nre,�9ecigtd ati�K1dliio�ul Sccatity for alt sum9 tecurt�by thiv hx�curity IrHarumast.
<br /> �� It'dce l�uncis hcid by [.citdcr excecd the a�uuu�►ts pcimitted to be IYC:Id b}�aPplirabli iaa+.IAINICf ti;IdU BLCt!Utx ta ti�sm�wer
<br /> �-:� for thc cxass Fmxls in a�.orda��cc w�th thc rcquire+nonts ai uppliu�bic !nw.If thc.mwuul t�f N�c i�uixl��1icl�l by Lx,x3e��ut u��N _
<br /> -�� tintc is aot sui'iicicm to pay Utc�scro�v Icems whcn du�.Lcr�der may s�i notify�orr��tivca•6i writinp�,u�xi,iu ulcb ca•�: 8+irmw'cr „
<br /> •'�''i;'v�;� sliall pay to L.en+ier the amount necessary ta make up ti�e deficicncy. Borro�ver. s�i:ill nwk� up tl�c deii�;icucy iic na rn��re thuiti
<br />�M,��'y�'-�"�'�Q��� twclve montbly payments, at L,cncler's sole discb�e{ian.
<br /> ._.__ _._ -__=-�=:3 . .
<br /> �- Upon payment in full of all sums sccurcd by this Sccurity 1u,i�Ui���nt, 6�cn.lcr shal! prc:sr:rsly :cf'us:�l tti� �r���+v?!'�ny . , -
<br /> - ---�r� Fnnds hcld by I.�ender.If,under pan�r.iph 21, Lcncicr shall acc�uire�r scll the Protxny,Le�xlcr,E�rioc tn tl►e�ci�uisitnon or sak
<br /> �,�,;,,�tl,;,-;�,�y of tl�e Property, shall lpply any Funds helu'by l.ender at she tiiue of acquisition�r sale as a cr��clie againsr ti�c sums Mc�,urecl by'
<br /> ���`V'�� ` �his Sec:uriry Instrument.
<br />��*�^i�� �.Applicaflan uf Pa�n�enB�.Unlcss a�plicahle la�v{�ruvidcs atherwise,a11�ayments rrccivcd by� Lincicr wxlcr para�r+�hs
<br /> _=�-��------ 1 and 2 shall bc upplicct: f�r�t�to any prtpayme►�t charges duc undsr titc Note; sr,cund. to aanau►tts payaUlc uncler paragruph�;
<br /> v..:�:��� third,to interest due;fourth,ta principal due;and last,to a:►y late char�cs du�under Qio Note.
<br /> a=�=-*-q� 4.Charnes;Lleus. Barrower shall pay all taxes,a.ssess�r�nts,cS�argES, �nes nnd impasitions attributable to the Pnnprn7
<br />� ':s:�;,�•�vr.�c!az��r .. _...__ , t �J _ ... ...
<br /> -`::r.;'��"�� which may nttain priority over this S,zcurity Insta►ment, and leasel�old p�yments or gmund mnia, ii:,,�y. oo,.�n�� ��:.. ""'
<br /> �°-��� thae obligations in the manner providcd in paragrnph 2.or if not paid in that manner,Borrowcr shnll pay lhcm usi tiine directfy
<br /> '�`���1= to the[r+'*snn nwed u3yment. IIorrower shall prom�tly furaisl�to Lendcr rell notices of amounts to be paid mrler t4�is pusug�oph.
<br /> ; �... �sx,ii�;;;�,� If Bonowcr makes thecc paymcr.ts direcdy.�orrow�r shall prom;�tiy iurnish tn i.encier icxx;�ts eJid�.r�.irtg tl:«F,,�n:°_n?s, __- -
<br /> ;,y,•y.
<br /> _ - "'�,;�-- Borrowcr shall promptly d'ascharge any lien which i�as priority ovcr this Security instrun�em unless Borrower:(u�a�rces ia
<br />;,�;f,.;:',:n,:ti'�:•.� writin�to the payment of the abligation secured by the licn in a nianner nccept:tble to L.ender:(b)contests in good faith tiic licn
<br /> �.r�E���F.� bX, or defends a�ainst enfarcement of the liPn in, legai proccedings which in Qie l.ender's opinion operatC W px�cvent t�ic
<br /> `?�'��"�ti��'� enforcemant of tP�e tien; or(c)secures from the holder of the lier�an ag�ment satisfactory to i.�ndcr subordinating the liem t9
<br />:-:e�.°�..;.f•"
<br /> :•, .,`� .r�, , this Security [nstrunient. If Lend.°.r detern�ines that any part of tha Property is subjat to a lien which may attain prioriry over
<br />�*"' • '`" " this Secaa��t Instrument.Lxn�er tnay give Bornower a notice identifying the lien. Borron•er slrall satisfy.thc lien or t�ke one or
<br />:=Aa'.,•:�,:�,:�:t;°.i Y
<br /> :_ _�f'��•-�.__� mote pf the acti�ns sct forth above within 10 days of the giving of notice,
<br />-- �"-,��—'� -� $. Nnvard or t�roperey lILSUI'aRCC. nurruwCt a�iitii �i.i.j� u C :::j.:":•�.^•%=nra ru_..y ovictino nr FtQiC:lftCC CtCCZCd 0[1 tf10
<br /> ,,:>.t,:S:�` '' .'.�....
<br /> , .T�.���� pm�rny incured a�inst loss by fire. hazards included�vithin the term"extendod covc:ragc�' and any atlier hazards, including
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<br /> .._..,,,. ., _•. fYoods or flooding. �'oT+vhich l.ender requires insucance.This insuranr.�shaU be maintaine�i m�he amwr.-,s ami iur iim�n,u�
<br /> that[.cnder requires, T�e insurance c;arrier providing the insurance shall be chosen by Bono�ver subject to L.ender's approvat
<br />�"F.:';i,;.���, which shall not be unreasonably withhcld. If Borrower fails to maintain covemge described abovc, l.ender m.�y, �t i.cnder's
<br />-���'��:-'.,::};''��� ':�� option,o�tnin covernge to protect Lender's rights in ti�e Propr:rty in accordance with pangraph 7.
<br />-?��;'�:"�`.'�- A�� insurance olicies and renewels shali be acce table to I.ender and shall include a standatd tnortgage clause. I.encicr
<br /> �;e,.... . P
<br /> ._ ,�;,,: � shall huve the right to hold the policies and renewals. I Lendcr reqaires,Borrower shall promptly give to Ixnder all rcc;eipts of
<br />_:=r,°��"'�•:;�;�:; paid premiums and renewal natices.In the event of loss,Borrower shull give prompt notice ta die insurance carciea and I,endr.r.
<br /> .: �,. _.� .
<br />- �-..-�,�:�;;•• L.endcsr may make praaf of toss if not made prompily y orrower.
<br /> � +��=.� ���•�� Untess Lende�and Borrawer othenvise agtce in�vntmg,insurancc proceeds shall bc applied to n:storation or repair of thc
<br /> -.r�:•��:�• property damuged,if die restoration or repair is economically fe.'�sible and Lendcr's security�s not lessened.If the restoration or �-;._._
<br />=-- � ��'�'+,�" rep�ir is not economic;atly feasible or Lender's security would be (essened,the insurance procceds shall be applied to the sums ,�s. -
<br />�°�= ' secure� by this Security Instnunent. whether or not then due, with any excess paid to Bo:rower. If Borrower abandons the �:�=
<br />'--`'=_;;,a;,.,,„�,' Property,ar docs not t►ns�ter within 3U days a notice from L.ender that tlie i�asurance carrier has ai�'ered to settle u ctvm,thcn �'��
<br />-.- •-%'�"� C.ender may collect thW insurancc proceeds. Lender may use thc procoeds to repair or restore thc Property or to pay sums �,,;_
<br /> -"'.�'===��*•��+' secured by this Security Instrument,�vhether or not then due.Thc 30-day period will begin when the notice is�iven. �-.�•
<br /> "" �=:;:;�ta'�a,�� Unless Lendcr and Aorrower athenvisc agree in writing, any application of proceeds to principal shall not cx�end or �;.:,
<br /> .�:. �:'�..�..:.
<br /> -T=�,�;:.;,_.':�-�.<. postpone the due date of tlie inontht y payments refermd to in pnragraplzs 1 and 2 or change the amount of the paymenu. If ��:,:��
<br />`.�r_ , .• � under pazugraph 21 the PropeRy is arquired by I.ender, Borrower's right ro any insurance ,p�licies and proceeds resulting from �:_��=�
<br /> - - �ia�nage to the Property prio!•to thc acquisition shal puss to L.ender to the extent of thc sums secured by this Security Instrument � �.
<br /> immediately prior to thc acqwsii►on. "���
<br /> � _�� ;, 6.Occu�ancy,Preservatton,Maintenance nnd Protectfon of the Property;Borrower's Loan App➢ientiou;Leaseholds.
<br /> -:=='° � Borrosver shall occupy.establish,and use the Property as Borro�ver's principal residenee within sixty days after the ot.acution of ,
<br /> ' . '�!�° ,^� this Ss:curity Instniment and shall continue ro occupy the F°.operty as Borrower's prineipal cesidence fo�t least om y�nr aRer _
<br />;f , „ tlie date of occ;i�pancy, unless L.ender othenvise agrees in writing, �vhich wnsent shall not be unreasonably withheld,or unl�ss
<br /> ' extem►ating circums�,�nces exist wl�ich arz beyonJ Bornxver's conteal_ �arrower sh�ll not destroy, damage or impair the
<br />• • ���'��''�`� � €�roperty. alluw the Property to deterierate, or commit �vaste on thc Property. Borcowcr shall be in default if any forfeitare
<br /> .�*- . - actiun or procceding.whether civil or criminal,is begun that in Lender's good faith jud�ment could result in farfeirore of the
<br /> • - �" ' Property or othenvise materially impair the lien created by this Security lnstrument or I.ender's security intercst.Borrower�rtay
<br /> • ' cure such a default and reinstate,fls provided in paragraph I8,by causing the action oP proceeaing to be dismissed with a ruling
<br /> � _ that. in Lender's goal faith decermination, prccludes forfeiture of the BorrowEr's ie�terest in the Property or othcr matcrial
<br /> • . . '� impairmcnt of the fien crcated by this Security Instrument or Lendcr's sccurity interest. Borro�ver shull also be in default if
<br /> � • Borrower,during the loan applicatian process,guve materially falsc or inaccurate information or stacements to Lender(or failed
<br /> � ? to pmvide L.endcr with:uiy n�terial information)in connection with the loan evidenced by die Note, incluJing,but not limited
<br /> - " , � to,rcpresentatious c�ncemmg Borrower's occupancy of th��'roperty as a principal residence. If this Security Instrument is on a
<br /> ' � � ' leaschold, Dorra�ver shali comply with all the provisions of the lease. If Bosrotiver acquires fce titte to thc Propeny, thc
<br /> leas�hold and the fee title shalt not mcrge anless Lender agrecs to the mcrger in writin�.
<br /> .. � �� T.Protectiole of Lendcr's Rlghts in 4hc Pro�erty.If Borrowcr fails to perform the covcna�ts and agreements cantained in
<br /> this Security Tnstrument, ar Uiere is a Ie�al procccding that may signifirantly affc�;t Lcnder's rights in the F'roperty(sudi as a
<br /> � .", proceedin�in bankruptcy,probate, for condemnation or forfeiture or to enforee laws or regulutions), then Lender may do and
<br /> .. a_...��.e..e.:.,..o..���.� e.�nr.,:art thc. val��n nf the Prnnertv and Irnder's rirhts in the Propertv. L.�nder's actions may
<br />.- ... .__...,.;�.:. �� fray am ....:s..-., w ....��....,_..� .,. -'--' "'_ _
<br /> " �, include paying any sums secum,�by a licn which has priority over this Securiry Instrument, appeariog en courc. paying E-
<br /> • . " rcasoaablc attomcys'fces and entering on the Property to makc repain, Although Lendcr may t:ilce activn under this parsgr�pli
<br /> 7,l.cndcr docs not have to do so.
<br /> Any atnounts disburs�d by Lender undcr this paragraph 7 shall bccomc additiional debt of Borrower s��curai by this
<br /> " Sa:urity Inserument. Unlcss Borrower,uid Lcndcr ugrce to other tcrn�s oF paymcnt, these amuunts shall bcar intcrest f►bm thc
<br /> j.: datc of disbursement at the Note ratc und shal! bc payablc, with intcrest, upnn noticc from Lendcr to Borrowcr rcyuesting I
<br /> � . - paymcnt. �
<br />:," .. . 8. Alortga�e l�ssurancc. df Lcnder rcauircd mortgagc insurancc as a cundilion vf making thc toan suurcd by this Sccurity `
<br /> •• Instrumc�tt, Bovrower shall p:ay thc gmmiums requireii tu maintuin tlie nsortgagc insur�ncc in cffcct. [f, for any rcason. ehc
<br />= ' , murtgage insurance cover�ge required by Lender lapses or��e:ues ro be in effect, Borruwer shall pay the premiums reyuircd ro ,
<br /> obtain coverage su6st;mtially equivalent tu the mortgage insur.uire pr�viously in cffect,at a cost substantially cyuivalent tu thc
<br /> °;±;._ ;;, . wst to Borro�ver nf the murtgage insuamcc pn:viously in cftcrt, f'rom an ;�ltcmatc mongagc iasurcr upprovcJ by Lcndcr. If
<br /> � a;po z��a Form 3020 9190
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