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<br />27- 101060
<br />U*�tFOt±�i CnvF*a.A'sa "rs Borrower and Lender covenant and agree as foIlows
<br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
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<br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Leader. Borrower shad pay
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<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to
<br />one - twelfth of: (aj yearly taxes and assessments which may attain priority over this Security Instrument: (b) yLarly
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<br />leasehold payments or ground rents on the Property, if any: (c) yearly- hazard insurance premiums; and (d) yearly
<br />mortgage insurance premiums, if any. These items are called "escrow items -" Lender may estimate the Funds due on the
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<br />V The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />state agency (including Lender if Lender is such an institution). lender shall apply the Funds to pay the escrow items.
<br />Lender may not charge for holding and applying the Funds, an ah7 ing the account or verifying the r'crow items. unless
<br />Lender pays Borrower interest on the Funds and applicable law E�tit.;a> Le;dcr to r.,a:.e such a charge- B., :ewer acrid
<br />Lender may agree in writing that interest shall be paid on the Funds. Unless an agreement is made or applicable law"
<br />requires intere t to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender
<br />shall give io Borrower, without charge. an annual accounting of the Funds showing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds was made. The Furlsare pledged as additional security for the sums secured by
<br />this Security lost-ument.
<br />if the amount a the Funds held by Lender. together riih iiiz faiure monthly i- vinetsts Of Fur,ds payable r <,RZ to
<br />the due dates of the escrow items, shall exceed the amount regturod to par the escrow items when date, the excess shall br-
<br />at Borrow'er's option. either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds If the
<br />amount of the Funds held by Lender is not sufficient to lay the escrow items when dice. Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in one or more payments was required by Lender-
<br />Upon payment in full of all sutras secured by this Securtry Instrunicat, Lender shall p roniptly refund to Borrower
<br />any Funds held by Lender- If under paragraph 19 the Property � soi(d or acquired in Lender. Lender shall apply. no later
<br />than immediately prior to the sak (A the Property or its aequisatiaati by Launder. any Funds held by Lender at the into c*
<br />application :is a credit against the sums secured by this Security Irstrutnertt.
<br />3. Appdieatim of Pa) ments. Uniess applicable law provides oeherwne. all payments received by Lender under
<br />paragraphs I and 2 shall be applied: first. to late charges due nearer the N-c4c, second. €.t prepayment charges dire under the
<br />'tote, third, to amounts payable under paragraph 2: fourth. tot* interest dui-- and last. Io principal due"
<br />4. Charp m Liens. Byar(iwcr shall pay all taxes assessments c-hareim fines and impositions atinbutothic to the
<br />Prtgicrty which may attain priority over this Security Instrument- and leasehokl payments or grrnmd ream if any-
<br />Bo rrow�er shall pay these obligations in the manner provided m pares :_ c r if not paid in that manner. Borrt -mer 4mB
<br />pay them on cede directly to the person owed payment. Borrower shad prtirnptly furnish to Lender all notices of amts
<br />too bC paid under this paragraph If Reviewer makes these pry is dtnsxl4_ Ba'sttttier `]tall prouiptlt furnish lot
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<br />rztripts eatdtaoy7ng the payments
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<br />Borrower `]tall promptly discharge any iren w'ha-h has priority ctytr this Security Instrument unless Boirr,wer to i
<br />Agrees is writing ro the payment of the nNigat€(mi secured t•t the lam in a manner ai ceprabic to Lander_ tbl contests m ayntd
<br />faith the Ito- hy. of deferred, agauast enforcement of the Len an, legal proms w hick in the Lender's opmu?n aepteraw t.
<br />resew the eniorc-erneN of the lien or forfeiture of nay part of the Property, cx (c) secures from the holder of the iom am
<br />agreement sansfacton :,, Leader s br - 4drmumg the berm rat the Socumy In`trsamerst . If Lender determines that any parr a
<br />the Property n went'l t,- a teen which array attain p riortty over this Security Iwart urerrt.. Leader mat give Bornmer a
<br />uayttce identifying the tiro Borrower shall san-,6 the hen x take owe or m,-c .x the MatOm set forth alwwc within Mf dda ,4
<br />of the give ug a$ norax
<br />5. Hazard dasararet. RwT,,w,-T shall keep the mipra>°ycmeats mow existing of hereafter crta tcd ,a the Property
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<br />eastired against tt4c t» Ore, hazard, tnclttdead wither tiro terser "esteem ccn;?age -:not! asy t +thee lazrartts fast w�e�dr Etr�cr
<br />reepare5 Insurance This inwrsnce shall be marntamad an the arncautrrs and lax the peraatds that Lender regsntcs The
<br />trtsieraince :arrwr -,iroytding the insurance shat he chosim by B*raiex suhiect to Lender c approi,a! ahich shag awl be
<br />uniea%miaNy withheld
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<br />All imc:tan. r ps +hole, aitd renewals .!, tl a.xr_eaa4>i tai LemJcr and � _ :mcitwiC x ctasu3ard etaxtga_w eli`t`e
<br />Lender +hall have the right to hold the poiretesand renewals. If Lender requires- Wrroawer shall plompitly aye to Leader
<br />ail rompts 4 f paid pretrrums anel renCwa�l dot idle a +era .af Hex s�cc smell z r ps npu tsoxr x tk+ tlir s_sr rot e
<br />_nto�tices.
<br />carrier and Lender" Lender may snake grout ,f ens of not mA& pcomptdr by Be tr:,weer
<br />U a¥ss Lender any Borrower otherwise ague to a'mair- tans"can t par"cecd, shjR err .sppriesd to rest, WarxMR r rnttw
<br />of the Prnnerty damAerd- if the rest Rwim or real is ecemomacally ftmkk and Lxn de s security is nor lessened It tkG
<br />rm,4,rattoo or repair ll not economically few or Leader's sci rm woulrt be icssc ey:. the Insurance piri Ceeas she, tie
<br />applied to the sums secured t,y this Sn um% Instrument_ whether or ear then due. with any excess paid to Baxrwer. If
<br />Borrower abandons the Property. ox dace note anamer within ;l days a notice f° 1M Lenc3r• shat the n. anzit zj*racr has
<br />offered to settle a claim. then Lender may cc llez, the i:aurance procceds Loader tray use the i r coed .;° rs = of :cam. -rr
<br />the Property or to pay sums secured by this Securiny hrstritment, whether or ndx then dent Ire -'say perxid wt% here
<br />when the ncuice is given.
<br />i,nless Lender and Borrowrr.-4 herwtse rarer I %s tin g, any ap plicata.=c - pta+c -_r, _4� € :. —, un.; ItsiI -:v t t I .era,
<br />Post pone ibe dTic date of the atonthiy parrt me, rcferted to its parg€a s I =d 2 er hanre the are: =urn , -: the pa amt - Ii
<br />under paragraph 19 the Property is acquired by Lender - Borrowers tight to any tnstuancr p txwb'i and pr iced, resulting
<br />it= datmage to the Property prior to the acqutsat -a ., snail pass to Leader .,, Ive .ytpat =s * �� r. : fi ' l -h;s `ecum,
<br />Instrument ism cdiately poor to the acqueatioti
<br />S. Presereatioo and Matattmaaucrof Prepvt_r, Leasebalds Borrow er 'a=> t : e. Fro+ . - ds ^ igc t r .uttitari 'c ':
<br />change the Property, allow the Property tt deteriorate jCW rominit Wa--e, If atu. any l;i.trruni ;; s` Oc s
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<br />;'-`ter;? ar tote l-rs�- _ -s - -a as___-n__ — Y -- _-4- - ..- .<s.� --�'� _ .��R�-- �- --,���
<br />fee tale shall not merge unless Lender agrom to the merger :n w'ritnrq
<br />Protection of grader's Rights in the Property: Mortgage litsuraaet- If Borrower fn, to per ,a=` -he
<br />coycriaws and agreements contained in this Sccurity imtrwricra. or there i, a icea ^:c ceedmg that may siginticaniI% alley .
<br />Lender's rights in the Property (such as a prmcv ding in laankruptc�_ p r,*,arr_ t.. c,�detnnam:- . r u, endure =awe . r
<br />regulations). then Lender may doo and pay fax whatever is necessary to protcci the yiduc of the Proap eery and I enders izh=,
<br />in the Property Lender's actions may include paying any cuts secured by a lien which has prtorm oiet this Se dry
<br />Instrument, appearing in court, paying ICtscriat±k attortteyc' fete and entering own the Property : make rep air, Althowgh
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<br />Lender ties. take action under this paragraph '. Lauder dais not has e the di'. sea
<br />Any aowunis disbursed by Lender under !h" paragraph' shall become 3dditi.mal debt tot Boarriwer c, urc4 ±t% this
<br />Sec unto lnstrument l niess Rtarrtiwef and Lender agree t{i (thef terries of payment- these amotinis.,hall bear inncre -4 tS:tr
<br />I datC of duhuremcnt ar the \Mite tart end ,hall rte payatole, will sires-,*, uixm notice tr.`ni I ender ?to It `rt ?wet
<br />requestinjtpal r-ieni
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