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<br /> '1'ti� E'u���f5 �l�:tU h� hcic{ in �in In411ti�ii�q� 4vi�asc �irpnvit5 ura i���m�:�i by u i�i��n1 ub�it�y, ��ti`;i�t�nr.ntc�lisy, :�r ;.nttt� _-
<br /> (Includin�,:G«idcr. !f i.c�}dcr ir• su�G nn imUtutluu?��r in nny�'ciRcr;d H��►�►v t.u�u Dank. I.C11tICY 1{1�1U Q�1�1Iy�Ili`I't�itt�n(�t�tS1Y IIt:' __-
<br /> T141'111i9 UCm�. I.rndi'P�n:�y aut churbo ti��rro���ei�i�e�iuldin�m��i c��y�lyl►x�tit� 1'und:�, unn��nlly an:dy�i�n��hc esciu�v ui�uuul,u�' _-
<br /> vei•Il�in�s tho 1?scru�v Itcn�y,tud�rvv I.ender��ayy Iturru����r interest�m tfi�: I�utnls und��pplic,�blc inw perii�lls f.cn;lec Ie�ntake�such =__
<br /> �rti�+�p,e. llcuv�:ver. Leiuicr�u:�y��quire U�►�iuwc�•t�►p:�y u one tluir rhnr�e ti�r nn indc��cndenl re;Q l'tiltll0 It1K 1'C��utllnt;�,crvl��c �;:.
<br /> usr�l h i.endcr In ciinnecNnn �vi�t� Ihis l�+:u�, u►�Icss aE�pllci�hic la�v pmvtdc� utl�rrwi�c, lhdcsti un n�,rccntent is �u;s�ic ur �,.�,..
<br /> n��►Itca�le lo�v reqifirr�i��icm�t to 1►r pald,l�cu�icr sluill nu!bc iryuired tu�t.�y liu��ru�vc�•uny,intcr�st ur c;irnh�l;s on Ihc i�undv. �_
<br /> tt���,n;•cr cui�l Leitctee i�t�y tt�tr�a in�vrlti��k, h�ft:�s�4e,tlial lut�rat�f�al! lie paid un Ihc I�unnv. l.�uder tilmit t4iv�tu l3or:o«�cr. _ -
<br /> wi#Auut cl►nr�;e, ut� n�inn.d�tcauntin��f"tiic Fuuds, si►owin��, c�cdiir;�nd debits to the Fu��l.r��xf tt�i: �su�pu:c ti�r tt•i�ich cach ��'
<br /> debit to Ihc+l�unda wns mnJc,Thc t'unds m•o picdgcd iw ndditi`�nui;c�lir+ty ir�r�II�.�u��;:ecar�t�y d�i:&c�x�rity I►►4trunient. � -
<br /> ii'the ruiut,r iicld Y�y t.��:ter��«<.t t!h as�cseur.t�{�ernil�tM���+1u,1�e1�hy upuNcubtc lu�v,1.eiider shuli uc�uunt ta liurruwcr L=-
<br /> fhe thc cxccss ru�lds in uccu�Yl�iiicv �vlth �hc rc�uircmcn�s uf upplicnt�lc luw. (f ihc mm�unt of�t�e I�tntd.r•hclQ Gy I.cn�icr at ttny ��•
<br /> time is not suiticicrit W p�y Ih�lisri•���v Itcmv w�rn duc, I.cndcr mny s�►n��liPy Il��rr.�wcr in writin�;. «nd.In such cu�o t�arru�vcr �
<br /> shnll pay to L,ender ti�e nnte�unt ncc�ssnry to ntntie up Ihe deQrlency. 6urrower nhnll m:►kc up thc dciicicncy in nu nii�rv Ihm� �'-=
<br /> hvclv�monthly p;►ynients,nt I..encter's s�de discretian. �_
<br /> U�n,;i �,ay�sic�t in �Y�II r�f:it! :unts :,tcurr:! !�y tids Ses:urit�� l�tslrL�u^nt, l.en!I�r �h!�11 ��•��mptly rcfund tn qurruwcr nnv _-_
<br /> f�unds hcld by l�cncicr. !t.undsr parc�graph 21.l.endcr shull acc►�+�rc ur�;cll thc I�m�+crty,l.en�cr. >ri��r to th�ncquislliun ur sule
<br /> of'thc Pmp�eny,tiludl upply any l��nulr Ilcltt by i.cndcr at tltc tim�uf«ci�uisitian��r sidc us i►crod�t «g:dnst Q�c sumr•ti��urcd hy R.
<br /> this Sccurlty lutitn►mcnt.
<br /> 3.ApplleWtlon oe Puyments.llnicss u>>pNcuble Inw pmvides ntherwitie,nll pnyments rccei��ed ny l.ender ui�der pnrn�niphs
<br /> 1 i�nd 2 sl�all be opplieci: tirst, to tu►y prcpaymem chnrGes due uncler the Notc; sccund, to i�maunts pa,aGle under pariig��apii 2;
<br /> tiiird,to intcrest dac;f'ourtl�,to principal duc;nnd tns�,tu i�ny lata chnrgcs duo under thc Natc.
<br /> A. ChA�cs; Lleny. Dormwcr sh�iil pay ull tnxcs, nssessments, chc�rges, lines nnd impuslti�ms i�ttributablc ta the Pro�erly Ry
<br /> �vhlcb may uunin �rlotity rnce this Sccuriry lnstcumcnt, nnd lcaschald paymcnts or tieound renis, if nny. l3arrowcr shal pay _
<br /> thcsc ot�Ngittio»s in thc tnnnncr providc�f ln pnm�raph 2,or if not pnid in thnt manncr, �3orrci�v,.r shnll pay thcm un timc dir�rtly
<br /> to Qic persun o�vc�l paymcnt. i3urrawer shall promptiy furnish ta I.ender all noticcs ai'i�mc�unts to be pidd�md�r this parn�i�apli.
<br /> If Qorrowct mukcs tlicsc payments dircctly,Ilorm�vcr shnll pmmp11y(urnish to Lcndcr rcceipts evidencmf;t{tc p:rymcnts.
<br /> 6larr�wcr shrdl pramptly dischnrge nny Ucu wldch has prlority over this Secut•ity Instniment unless Tlorra��•cr: (n)u�rces in
<br /> �viltin�to ttie pi�ymcnt of the obligntion sccurcd by thc Ucn in n mannr.r ncceptnblc to Lcndcr;(b)rnntests in gocxf fnith thc Iton
<br /> by, nr defends ng:►inst enfnrcement af the Hen in. Icgail praccedings �vhich in tha l.ender's opinimi operate tn prQVent the
<br /> cnfurccment of Ihe licn; ar(c)sccufcs Garn thc haldcr of the licn an agrcemcnt sntitifactory t���endcr subnrdinatinfs the Uco to
<br /> this Sccurity insu•ument. If I.ender determincs Ihnt any part of thc Property is subJact to+�Ne�a ��'hich m�y attain prio�ity u�•cr
<br /> this Ser.urity Insirnmcnt, I.cndcr mny givo Anrro�vcr n�ioUcc idcntif�rin�thc Ii.^.n. i3orrowcr tihtiN satisfy tho licn ar t«kc cin���r
<br /> morc of thc nclions sct far�la at+ovc within 10 di�ys of thc giving af noticc.
<br /> 5. kim.nrd m• Pro1�a��' I�Lyurnncc. aorrowcr shidl kcep iho improvemcnts no�v cxistin y� on c�rc,�f'tcr crcctcd on thc
<br /> Pm�C:rty insured against I��ss by fi�c, iaa�:►rds includccl �vlihin the tern� "extendea coveeugc" nnd nny olher hnzards. luclucling
<br /> tlucKls or flocxiin�. for which l.ender rt.�uires insur,�ncc. 7'his ins��rance 5hcdl he maintalncd in�ho nmounts imd ibr the�crecsds
<br /> thnt l.ender requires. The insuranco c.n•r+er pr��viding ttto Insur:nue shnll bo chosen by E�urrowcr suhlect to Lender's a�prrn�al
<br /> which �hall not tx� unrc�st�ni�bly wiilihcld. if florruwer Palls to mnint�ia covcrn o dcscribcd iibovc, I..endcr muy. at Lcndur's
<br /> aption,ohini�t covcrpgc to pratect Lcndcr's tights in thc Nroperty In nccordnncv w�tt►pnrngrnph 7,
<br /> A} l�,u��,mce�cilicics�wcl cenewals shall bo ucceptnble to l,cndcr nnd shnll include u tit�indiird m�rtg��c ctause. l..endcr
<br /> shnll hnvc thc ri�;ht to t►vid th�palicics and renc�vnls.If I.cnQcr ret�uixes,itorrc��vor shnii pinmpi�y ei�o ta L.-�l:r�!!s�!�t!°�
<br /> pald premlums aixl rene�vnl not ices.In t he event af lass,13orrowcr�l�t�tl givo prnmpt nodce tc�the ins►irance circr+er nnd I.�nder.
<br /> l.,axlcr may n�.�kc prouF af'loss if nat uildo promptly by Dorro�vcr.
<br /> __41�;�a;�ti„�L�.,�o=u�.war nllu!rwlcn n�t'CL'lD W�1LII11T.�1LtiUf�(ICC pf(1CCCt�S�fIl1II h0 11j1j1IIC(I[O[CSIOIQ1�071 OT��(IUIY oP tho
<br /> �roperty damsgcd.if t6n rcriu�oti��or vcpnis is tronamicaU�ft���ble�lncll.rnci�r's isecurity i5 noi icssCne�i. ir iRC n;simaiaro�
<br /> rcpaie is not cconnmically fcasibic or I..cndcr's sccurlty waulcf hn Icsscrial. thc iusurnncc proccuts shall bc nppliecl to Uio stuns
<br /> sectaed by this Security Instnnnont, whed�cr or not tlicn cluc. �vlth i�ny excevs paid to i�orrower. ]f�io�ro�v�r ab:►ndons ti�e
<br /> Property,i�r doe5 not unstivcr within 30 dnys n nc�ticc from I.cndcr that chc insurancc cnr�•icr h.►s aiferod to sMtlo i�clnlm,tl►cn
<br /> I..e�sder mny collcct the insurance prex:eecln. Lcnder mny use th� praccalr, ta re udr or restore the I'raperty or tu �uy sums
<br /> sec:ured by thie Scctirlty Instrtimcnt,wiuthcr��e nat thcn dao.Thc 30-dpy�crlad�v�ll begin when the notico is givcn.
<br /> Unlcss I.cndcr nnd [iorrowc� otherwisn ugrcc in writing, nny app1iu�tiai �f pmccctis tc� principal shnll nat oxtcncl or
<br /> �stponc thc duv dntc of thc mc��ithly p�ymci�ts rafcrrcd tn in pnra�ra�t►s 1 nnd 2 or chnnge thc imiaunt s���ho pa,ymcnty. if
<br /> undcr par:��aph�1 thc Pro�rty is acquircd by I..cndcr. Horrowor's r���u to nny insural�co pplicic.v r�nd prur.�c�ts resulUng frc�m
<br /> dmm�ge csr�^��Pmperty prior ta thc i�c��u���tiu„e�aiil�ra;.i;ti l�ndcr ta Yha exteelt nf Rlln 4l1!nv crr�ire�l hy�hls Secu[IlY Illsli'tihlCllt
<br /> immcdiateiy prlar to tl�o ncquisitian.
<br /> 6. [kcu�ney i'rescrvatlon. MAintenaure and I'rolcction of the Nroperty:itarrower's Las+n Apiillcation;IRASCIf0ItL9.
<br /> � Liorrowcr hhnll occupy. c�tnblisli,z�nd uso thc C'�apc��ty ns Aorrawcr's principal residcncc�vithin sixty d�ys nftcr�hc�xGCUtian of
<br /> this Sccuriry instn�mcnt:u�d shall continuu to cxcupy thc Property as florrawcr'x principal residr.nca for nt lc�st�no yc:►r aitcr
<br /> tl►e date of c�cupanty. unlcss L.endcr utherwlec ngrccs in writing, which�:ansc�tt st►all nnt bc unrcason��bly �vithhcld, ar unlcss
<br /> c�xtenuating Gircumstunces exlst which nse beyoucl U�rrower's cantml. 13orro�ver Ff�nll nnt c1esU�oy, dnmage ��r impair tho
<br /> Propc�ty, allaw tho Property to dctcrloruto, ar cammit wAStc on th� Property. IIarcowcr sh�ll �a in default lP any forfeituro
<br /> � nciian or pracaxiing, whcthcr civil ar criminal, �9 VCsUQ lI1Al IIl L�CIlC1Ci'ti good fuUh Judgmcnt cauld result in fnrfciturc af tho
<br /> kroperty ar utherwisa matcrially impair tho�len crentui by this Security Inslrument or l.encicr's�securi�y interest. Sorrnwer mny
<br /> cure such n dcf�uilt nnd�cinstnte,�s pravidcclln parngraph 18. by cnus�ng thc nction nr proccc�ling to bc cNsmisscd with n ruling
<br /> thnt, in I.,cnder's goal f�►Ith dctorminaUon, prccludcs torfclturo af tho Durrawcr'v intcrest in tho 1'rupc���� c�r other matcriul
<br /> imptiirment of tho lien crentccl by thi� Scc�r�ry instrument or L.endor'r security inteecyt. Horrowee• shnll elso tw in ue'fault lF
<br /> Borrowcr,during the loun c►pplicatlm�procesx.g�vv ir�:Ucrinlly f'also ar inticcuratc lnfnrmndan ar statcmcnts c�I.,cnder(nr Pniled
<br /> to provi�b l.crxlcr wittx uny mutccial infatnk�tion)in rnnnccdon with tlio lum�evidcnccd by the Notc, inclu,iisg, hut not Nmitcd �
<br /> � to,represcnt�dlnny can..�rning�orra�ver's occupancy�f the Property ns n hrincip�l residc�icc. lf this Secur+ty lnstrument is nn n
<br /> � Icuschold, Sorrawcr s7�a11 comply with nU thc pravislons �f thc Ic�isc. lf l�orrc�wce ncquircv fcc dAc ta thc Praperty, the
<br /> Ie;ischold�.nd th�fee titlo sh�ll not mcrgc unlr.ss l.endcr ngrees to�he morEer in wridng.
<br /> __ 3,.s�:�+M„�t y Q„�1.+r�a RiQhtv In thu 1'rnueriv.If Dorroirnr falis to perform the caven�tnts,md iigreements cantnincd lu
<br /> lhis Seci�r:ty Inst�•ument, or there is�Iegnl procecding that may sib��iPic��ntly eifcct [.ender`s cights in the Pmperty tsucl�z�4 t� -
<br /> proccr,ciin b� in bsuikruptcy,probntc,for condcmuuUan or forfclturo or W cnfarco Inws or rc�ulations). �hc�i I.endcr mny do und
<br /> ruy fnr whntevar iti necessary to protect tho value�f the Property and I.enc9ec's rights in the Propetty. I.ender's actions muy
<br /> mclude �e�yln� uny sums secured by u lien which ht►s prinrity over this Securi�y instrument, e�ppearing in caurt. pi�ying
<br /> rcasona'�.:e attorncys' fccs fmd cntcring on tho Araperty to mnkc rcpuirs,Although l.endcr tnny tuko ucdon undcr this pnragrnph
<br /> 7,l.end,:r docs not h�►vu to do�o.
<br />— Any nmounts dishurscd Uy Lcndcr undcr this pirengri►ph 7 shall bccomc tulditionfil dcbt of k�orrrnvcr sccurecl by this
<br /> � Recurlty Instni�nent. lJnlcss Iim'r��wcr und l,cnetcr ngreo to nthr,r tcrmv of payment. IFICSC A1110U01ti tif1t1II hC��r intcrest from Iho
<br /> '° dnto af clisburscmcnt t�t thc Notc rntc nnd tilusll bc pi�yublc, with lntcrest, upun nndcc from Lcndcr lu Dorrower rcc1ucstinr
<br /> payment.
<br /> 8. Mnrtgu�e lnsurnttcc. If I.cnttcr rcquircd mortgngc insuri�ncc as n condition of mnking thc loan sccurccl by this Sccurity
<br /> Ins�rutncnt, I3nrrowcr shull p�►y thc prcmiums rcyuircd to muintuh� thm m�ngfagc insur�mcc in effcct. !f, liir nny rcason, di�;
<br /> m�rtgi�GC insurancc cavcr:►gc rcyuircd hy Lei►dcr li�pscs or cc:�scs to bo in cffcct, Darrawcr shidl pay tl�v prcmiums rcquircd ta
<br /> obtnin cavcr�►ge substundtdly cquivnlent to t�e niortgn}•,e ins�rr�ncc praviously in efFCCt, nt u cast substantially cquivulcm to thc
<br /> cast to llorrowcr af thc mort�;ngc Insurnnce previously in effc;ct, from an nitematc mortFaBc insarcr t�pprovcd by I.endcr. (P
<br /> , nnUo a oi n Form�020 9180
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