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t FURDE D
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<br />_ 100737
<br />8?- 10415
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<br />UNIFORM COvENANTs. Borrower and Lenderco%enant and agree as follows
<br />Principal and Interest. Prepayment and Late Charges_ Borrower shall promptiv pay '0-,en due
<br />s'
<br />t. Payment of
<br />the principal ofand interest on the debt evidenced by the ;tote and any prepayment and late charges due under zh_ , 'e
<br />by Lender, Borrower shall pay
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<br />-Z. Funds for Taxes and Insurance. subject to applicable law or to a written waiver
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<br />due the No te. until the Note is Paid ;n full. a sum CF'and+'t equal *C
<br />to Lender can the day monthly payments are under
<br />ane- twelfth cif: (at yearly taxes and assessments .which ma_r attain priority over this Security instrument: (b! yearly
<br />E
<br />Ieasehttld or ground rents on the Property, if any, (c) yearly hazard insurance premiums: and {di ,rly
<br />payments
<br />insurance premiums, if any. These items are called -'escrow items.- Len=der may estimate *.it_ Funds due on the
<br />mortgage
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Fund-shall be held in an institution the deposits or accounts of which are insured or guaranteed tali a fee °etas or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow sterns,
<br />Funds, the account or verifying the escrow items. unless
<br />Lender may not charge far holding and applying the analyzing
<br />Lender to make such a charge- Borrower and
<br />Lender pays Borrower interest on the Funds and applicable law permits
<br />Lender may agree in writing that interest shall be paid on the Funds Uniess an agreement is made or applicable law
<br />n the Funds. Le
<br />requires interest to be paid, Lender shall not be required to par Borrower any interest or earnings Lender
<br />shall give to Borrower, without charge. an annual accounting ofthe Funds showing credits and debits to the Funds and the
<br />puIMost for which each debit to the Funds was made. The Funds are pledged as additional security for the stirs secured by
<br />this Secunty Instrument,
<br />if the of the Funds held by Lender. together with the future monthly payments of Funds payable prior to
<br />amount
<br />the due dates of the escrow items, shall exceed the amount required to pay the escrow items when due, the excess shall be-
<br />Funds, If the
<br />at Borrower's option. either promptly repaid to Borrower or credited to Borrower on monthly payments of
<br />when due. Borrower shall pay to Lender any
<br />amount of the Funds held by Linder is not sufficient to pay the cs."mw Steins
<br />amount necessary- to make up the deficiency in one or more payments as required by Lender.
<br />Sec Intrurneat, Lender shall promptly refunds to Borrower
<br />Upon payment in fuel of all sums secured h} this
<br />Funds held by Lender. If under paragraph 19 the Property is sold or acquired by Lender. Lzridtr shall apply, no laic
<br />any
<br />than tmmediatelc prior to the sale of the Property or its acquisittort by Lender. any Funds field be Linder at the time of
<br />apphocatican as a credit against the sums secured by this Security Irrstilirnent_
<br />taw otherwise. alt payments received b} tttder under
<br />J. Application of Pa }-meats Unl ss applicable proltdec
<br />t and 2 shalt be applied: first, to late charges due uncles the'Note. second, tc Prepayment charges due under the
<br />paragraphs
<br />Note: third, to amounts payable under paragraph ; fourth. to interest due. and last. to principal due.
<br />citargm ftties and impositriitis attributable to -- tie[
<br />d. Charges; Litnis. Borrower shall pay ail taxes. assessnietsss,
<br />Pinapeny all$in over this Security Instrument_ and leaschold payments or ground rents, if any
<br />which may priority
<br />BIG shall pay these obligations in the manacr provided in paragraph -2, or i£ nort in that nianner, Borrower shsti
<br />- _ pay them on rim[ directly [Q the person owed pa }- tntrnt...BarrowcT siia;l protnPifv foriaish to- L.ender'AD no4XXs -Of a�n u�i`
<br />$orrnwer these directs?. &±rrez°'rr shall prstnptly ?xitn =s ?} -m I -.ear
<br />to be id under this paragraph, If snakes payments
<br />receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien whach has priority raver tbis ScCunty Instrument unless Borrow fiat
<br />agrees in wrating to the payment of the obligation secured by the Lien m a manner ancepiiabk to Lender: (b) contests in 900
<br />to
<br />9xl
<br />with the lien ay, or defends against cnfarcement of the lien in, legal proceedings which in the Lenders op tan rk 0pe*atc
<br />the enforcement of the licti or forfeiture of any part of time Propettk; or dc'? xcusts from the Imttler s £rte Fcir vie
<br />prevent
<br />a¢ ieiit satisiactorc to Lender subordinating the lien t:^ this Scur.t instrument- If Lender determines that any part i�a`
<br />er"I
<br />Agri £+n y i5 acid C to alien which may attain priority over tIrts Sectirrt� Lirstrumerd- Lender' inky give Bc�^+►vr_4
<br />the
<br />a the actions set fortis abotie within 1.0 days
<br />notice idenfifinig the lien Borrower shah satrdfi' the lien or take i%W or fame
<br />of the gi4 ing of tiotirr.
<br />5. EiaZard Lnsunnce. Borrower shall keep the 4•apr€*. ^cxiieiirs txisit g <xr sse�, eaftr erecIec on the PrCZ' -.y
<br />irtvured against jc%s. by fire. hazards Included within the term >. >exterl'l?e�i c�EiM1tt+'ig�� and �n4 Either haza.dC ti'r w RH`
<br />-,
<br />Ttsis insurance .hall be maintained in the am-uns and for the periods that Lender segtu rr<
<br />acquires insusaati:e
<br />lnitrranCt carrier providing the insurance shall a e i "tlttStit ay Iki rrnwer S ti Leader's, 3IT r val wt?scn St 3I#
<br />¢
<br />unreasonably wnhheld
<br />All insurance policies and renewals shall be acccptable it, Lender and shalt Include a standard rrtrxxrtg ge .;t -a --
<br />i ender shalt have the right to hold the policies and renewals. If Lender requires Li rTrtw[r shall p nnipily gt* e t i t
<br />all receipts of paid premiums anti rtnewat notices_ In the event m loss„ I3ctrs ri cer shall giye prompt. refit [ to lilt .n rate c
<br />carricr anrd Lender. Lender may make proof'of kiss if nit rrsadc prosiptty b,w fl Tower
<br />L`, itless Lender and Borrower otherwise agree in writing, msurartceproceeds shall be applied to rest oratil n t., .: c�,
<br />of tilt Prt�perty anal. if the restoration err repair is ea- mornicaiiy feasible and Lender's secianty is iM lessen,, _, if the ll
<br />restoratatxi rr -e ai€ is ii�T; economically feasible or Lenders security scluid be lesscrieri rise nisurimc proceeds shall
<br />Instrurnient. whether or not their clue. with any.exeess paid to Bor€owee V,
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<br />applied tas the sums secured by this Security
<br />- Borrewcr abandons the Property- or does not ar wer withtrt 30 days a t#ol-w.r from Lender that the Trmurattce carrier has
<br />offered to scitl- a . °laim- -heir Lender may collet *.Ire insurance proreds. Leader xnay use the proce[ds TV repair t �- .are
<br />dale the 3f i w i t
<br />the Propeny .r . ;ay sums secured M to . Security Iris =runner t. >z te£her mswt then c -' period
<br />- -wlirn the nr`itrlt tS ga.en. - -
<br />'Unless Lender and Borrower etherixtse agree in i wr mng. any am itcat-n -4 prc>cleeds to prmc.pal shad not eTKter-:f t`a'
<br />- .
<br />pesttxine, the due elate of the monthly paymcros referred to in paragraphs y and T change the amou £ a.f the paste s Is
<br />under "Sara h the Pr-per S s a` ui cd Li`£'dcr, flKw vii �F s nghl! rJ .3nF msur$iu:r y - iC7e� 3ntl
<br />€ ap p i `
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<br />from damage ,3 !he Property- nnor to the a :;u:sttxs -n shall pass in Lendie cafe s =� it [,� n,
<br />Instrument ir;rredtate:y priers rJ the acq::sit on.
<br />b. Preservation alai Maintenance of Property: i sasetaiids- BtrT BLS Sh ll tiff[ I?Si+ D?. damage 'F t tit$21ri3t €t
<br />change the Property. allow. the Property to deteriorate or commit waste. If this Security Instrunicint rs 4141 a
<br />Bt rrwersltali ruin 1}' wsth the ctyrsi ?s r the .,and if Boi rextr uires fee t.tlt *li the Pros3 [stv. leas t tai s
<br />P Pt
<br />fe[ till[ shall not merge unless Ltr d[r agrees t E
<br />". Protection of Lender's Rights in the Property- Mortgage Insurance_ sf Borrower a3is r? r—,et-f , ,rm 0�
<br />covenants and agreements contained in th:s Se Linty Insirunient, tit there Is a'legat proceeding that may rmifcani off c.
<br />Lender's rights in the Property {such as a proceeding in bankrupicy} pro bate. for condemnation or to entt ne iawr or
<br />regulatioli,). t hen Lender array do anti pay for whatever is necessary to proteLi thcvafue f the Proper tt and I.tndr t r,
<br />in the Property Lender's sits *n- may m,,lude pa }mg any sums secur[3 bit a tiro which ttasTrritanty :3ver r � v t.
<br />instrurri[nt appeal {rig an cesut+ MITI r asrtrable situ tiey* t[ -sand enteri- g.= he Pror,eric txx.aaat e spa.
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<br />I coder may take action under tilt, paragraph', Lender domes tuff t haver d-
<br />Any amt~uri t, disbursed by Lender under this paragraph 1 hai> tlt-co nr ad 3.t,z na t[bE .. i €3 w ' ±r _ x
<br />JEW
<br />s.o-urtty Insin,mer,t UnlcIis Borrower and Lender agree t other tr^n t yt `cse a tha s tF '
<br />chili 'fit• pall -...
<br />i lad +`t � uz,t`;i ".+eFr:Crrt 8: the ''h.:�!.0 laze %3i;, ,•1.-
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