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<br />0.00 106082 R
<br />87 874"U30"S
<br />2. Funds for Taxos And Insurance. Subject to applicable law or to a written waiver by lendar, Borrower ishal I pay to
<br />Lander on the day monthly payments are due under the Note, until the Note lit paid in f till, a sum ("Funds") equal to one-twelftb of-.
<br />(a) yearly Woo and iumments which may Attain priority over this Security Instrument; (b) yearly low-whold paymontoor ground
<br />rents on the Property, if any; (c) yearly hazard insurance premiums; And W yearly mortgage insurance premiums, it any, Those
<br />items are called "escrow items." Lender may estimate the Funds due on the basis of current data and reasonable ostimatca of
<br />future escrow items.
<br />The Funds shall be hold in sin Institution the deposits or accounts of which are insured or guaranteed hv"federal or state
<br />wgeocy(iwclwd|nc Lender if Lender issuch an institution). Lender shall apply the Funds to pay the escrow items. Leader may not
<br />charge for holding and applying the Funds, analyzing the account or verifying the escrow items, unless lAndor pays Borrower
<br />inwmestvmthe Funds and applicable law permits Lender m make such x,h*re. Borrower and Lender may agree in writing that
<br />mterestabal/be paid on the Fvwh.UnIen an agreement ixmadwor Applicable law requires interest mbe paid, Lender*hal\mothe
<br />required to pay Borrower any interest or earrings on the Fuida. Lender shall give to Borrower. without charge, an annual
<br />wpnunUmumythm Funds showing credits and debits m the FundoumW the purpose for which each dwui*m the pondwwawmade.rh^
<br />Funds Are pledged As additional security for the sum secured by this Security Instrument.
<br />If the amoumof the Funds hold uv Lender, together with the future monthly payments mFunds payable prior mmmauedates
<br />^x theme escrow items, shall exceed the amount required m pay the escrow items when due, the excess shall be, otBorrower's
<br />option, either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds. If the amount of the Funds
<br />held by Lender is not sufficient to pay the escrow items when due, Borrowershall pay to Lender any amount necessary to make up
<br />the deficiency in one v, more payments ^a required uvLender.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds
<br />held by Lender. If underparagraph 19 the Property is sold of acquired by Lender, Lender shall apply, no later than immediately
<br />prior tothesaleof the Propertyor its acquisition by Lender, any Funds held by Lender at the timeof application as acredit against
<br />the sums secured uv this Security Instrument.
<br />m. Application "x Payments. Unless applicable law provides otherwise, all payments received h' Lender under paragraphs
<br />I and o shall u^ Applied: first, m amounts vxvuWeunumnurunr^nxm°m^,o.wm*mmav,;^na|ist.m»rin"ipu|uu,.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the Property
<br />which may attain priority over this Security Instrument, and leasehold paymentsor ground rents, if any. Borrowershall pawthwse
<br />obligations inthe mannerprovided in paragraph 2. or if not paid in that manner, Borrower shall pay them on timedirectly tothe
<br />person owed payment. Borrower shall promptly furnish to Lender all notices of amounts to be, paid under this paragraph. If
<br />Borrower makes these payments directly, Borrower shall promptly furnish wc°"u,, receipts evidencing the payments.
<br />Borrowvrehwx promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees m
<br />writing to the payment of theobligation secured by the lien in a manner acceptable to Lender: (b)contestB ingood faiththe lien by,
<br />or defends against enforcement "f the lien in, legal proceedings which m the |°"x",'q"v/"/"o operate m prevent the enforcement
<br />vf the lien o, forfeiture m( any part m the Property: v,(")secures from the holder "r the lien xo agreement satisfactory mLender
<br />subordinating the lien to this Security Instrument. If Lender determines that any partof the Property is subjeetto uo,nwh},h
<br />may attain priority over this Security Instrument. Lender may give Borrower a notice identifyingthe lien. Borrowershall satisfy
<br />the lien or take one or more of the actions set forth above within 10 days of the giving of notice. '
<br />m. Hazard Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />against loss by fire, hazards included within the term "extended coverage" and any other hazards for which Lender requires
<br />muurumaTmmio,u,un,eoou/b,mu/otu/nox/nm,um"vm"unom,m,p,,/oo,m^t/xou,r,^uu/no. The insurance carrier
<br />providing the insurance shall |m chosen bn Borrower subject m/,e"o",'s approval which shall not bu unreasonably withheld.
<br />All insurance policies and ,eue°u),nha||x, acceptable : Lender and shall include uomnox,x mortgage clause. zenao,^hm|
<br />have the right m hold the policies and renewals. /f Lender requires. Borrower shall promptly give m Lender all receipts ^,paid
<br />nremiumo^vu renewal notices. loth,,veoto, loss. Borrower shall give prompt notice m the insurance carrier and Lender. Under
<br />may make proof or loss i, not made promptly x'Borrower.
<br />Unless Lender and Borrower otherwise agree /" writing, insurance proceeds shall be applied m restoration or repair ^fthe
<br />Property damaged. i, the restoration v, repair /, economically feasible and lender's security io not lessened. Ir the restoration ^,
<br />repair m not economically feasible v, Lender's security would be lessened, the insurance proceeds shall m applied m the sums
<br />secured ov this Security Instrument. whether ",not then due, with any excess paid mBorrower. If Borrower abandons the
<br />Property, or does not answer within 30 days a notice from Lender that the insurance carrier has offered to settle a craim, then
<br />cende,m^vmxo,t the insurance proceeds. ze"o^, may use the proceeds * repairer restore the »mpe,*",w pay ,"moao,ureu
<br />by this Security Instrument. whether ", not then due. The x0-duw period will begin when the notice i,given.
<br />Unless Lender and Borrower otherwise agree in writing, any application v, proceeds wv,/oapu|oh^|)ommt,nav,w*tn"no
<br />theduedateof the monthly payments referred to in paragraphs I and 2or change the amount of the paymenti. If under paragraph
<br />19 the Property is acquired by Lender, Borrower's right to any insurance policies and proceedings resulting from damage to the
<br />Property prior m the acquisition shall pass m Lender m the extent ", the sums secured »r this Security Instrument immediately
<br />prior oo the acquisition.
<br />6. Preservation and Maintenance "r Property; Leaseholds. Borrower pou// not destroy, damage ", substantially change
<br />the Property. allow the Property muete,ivn^teormmmitnu^te.r,mi,Seco"tyzov/,vm~otwou^|uwmhvm.gvrro~oruxu||
<br />comply with the provisions of the lease, and if Borrower acquired fee title to the Property, the leasehold and fee title shall not
<br />merge unless Lender agrees m the merger mwriting.
<br />r. , Protection ox Lender's Rights /u the Property; Mortgage Insurance. o Borrower fails w perform the covenants and
<br />agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Lender's rights in
<br />the Property (such mmw proceeding io bankruptcy. nmu*m. for condemnation v,w enforce laws vrm«u/vuvn*. then Lender may
<br />ooanm pay for whatever w necessary m»,vwetm, value vf the Property and Lender's rights io the Property, Lender's actions may
<br />|nmhule paying any sums secured by a lien which has priority over this Security Instrument. ^nwm,inm in mvr/. paying
<br />reasonable at*sn=x's fees and wmteri"wvn the Property m make repairs. Although Lender may take action under this paragraph
<br />r. Lender does net have mdo so.
<br />Any amounts disbursed by Lender under this paragraph 7 shall become additional debtof Sorrower secured by this Security
<br />Instrument. Unless Borrower and Lender agree w other terms ^r payment, these amounts shall bear interest from the date "(
<br />disbursement at the Note rate and shall u, payable, with interest, upon notice from |e"u,rm Borrower requesting payment.
<br />If Lender required mortgage insurance as a condition of making the loan secured by this Security fristrinnent, Borrowershall
<br />pay thepremiums requiredto maintain the insurance in effect untilsuch time as the requirement for ,/n".°v,°v,~ terminates ."
<br />accordance with gon°ww/"and lender's written agreement v, applicable law,
<br />m. Inspections. lender v, its agent may make re^soouN^mo`ru" upon and .m°/"ru""°"fm, Property |,V"/.r shall w.,,
<br />Borrower *ot^,mAt the time °r^, prior mmvinspection specifying reasonable ,vus, for m inspection
<br />*m � mn u umvumr In c oe"tAon wuno u"r,"w,r'° °xt"ru/� I.^ou, "'"^. / " y .m,. ,r�i,wt, 0m�ovot to cbsuvf ^^ Inuen"mo"vt /^, ,"p,ru"w °°w",
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