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<br />L NI FORM 01?% f V*�: Ind Ltmdc, ..
<br />1. Pa) mml of Principal and Interest: Prepay men- And Ijte Charges.
<br />the rrincipzd of Lind mterz!,i oil 111V jvh: .-%I Lteu l-," lht \,,:,: urict �m'. 7;'- , "as 'T.
<br />2. Funds for Taxes and Insurance. Suiiicict iz I - ;7t„ icz:Ne �.!`%t -Ir ri11:11 1% :1;t 1:I 1-t 1 B, T IIIJI: I
<br />io Lcndcr on the day monililly rat me ill I,, are dLic under ehe ort I i� 7� 4- I, naid -n h11!_ j ,.-,r i" I 'I!
<br />Xle-iwelfih of fal, Aeaflv take,, �mcl assi,;srriert?s chi Tiiat d,!_'w -J-ri.!ritt 11• S � T-o-, 1 u7nwr'. lil) Nark
<br />leasehold payrn!mz, or ground rent, On, the ProperIV, I," arn. i.,; 11!,UT;CILC PrC`11;11 (J)
<br />.mortgage insurance pre-miums, if any. These items art called ILCM� 1}1. F11TIJ, _4Ut: 111 !he
<br />basis of current data and reasonable esurnatei, of!ulurc ccmw :Ionis.
<br />The Funds shall beheld in an insintirion the dirp-,%iis or accouril, I,! which are insured or gu:irallieecl by i federal or
<br />state agency Oncluding Lender if Lender is such an institution). I 'hall apply the Funds It, p.1y Ow es,:roi% iivinN
<br />Lender may not charge for holding and applying the Funds, analyzing the account or N erif\ ing the escrow' nerns. unless
<br />Lender pays Borrower interest on the Funds and applicable law permits Lender io make such a. charge. Borrower and
<br />Lender may agree in writing ,hat Interest shall be paid on the Fund,. 1 nless an jzTeernew is made or mpplicahle law
<br />requires interest to fie paid. Lender shall not fx- required to pay Borrcv•- 11y ITIIeI'eSI or earrlirrpi ori the Funds. Lender
<br />shall give to Borrower, without char ing credits and Jet,.i; : it, the Funds and the
<br />ge. in annual a"ounting ofiheFu I I
<br />purpose for which each debit to i he Funds, was made-. The Funds are pledged a, acid it ional sec uri I % for the tI rrls secured by
<br />this Security Instrument.
<br />If the amount of the Funds held by Lender, together with the future month! payments of Funds payable prinr it)
<br />the due date,, of the escrow iicris, shall exceed the amount required to pit the escrou items t%hen due. the eyctrs shall 5e.
<br />at Borrower), opfion, either promptly repaid to Borrower or Credited to Borrower on nionihi% payments of Funds. lfthe
<br />amount of the Funds held by Lender is not sufficient To par ahe escrow i:cm,, when due. Borrower shall pag to Lander :im
<br />amount necessary ;o make up the deficiency in opent-more payments as required by Lender.
<br />Upon pavritt in full ,)fall Gums secured by I'll, Security InIATUM-CrIl. Lender shall promptly refund in Borrower
<br />am Funds held by Lender. If under paragraph 10 the Property I, sold or acquired by Lender, Lender shall apply. no later
<br />than immediate]% prior to the -ale of the Property or its acquisition by Lender. any Funds held by Lender at Orl e time of
<br />application as a credit against the sums secured by this SCCLMIy Instrument.
<br />3. Application of Payrnents. unless applicable law provides otherwise. all payments received by Lender Linder
<br />paragraphs I and 2 shall be applied: lirst, to late charges due under The Note: second, to prepayment charges due LInd--i !fie
<br />Note: third, to amounts payable under paragraph 2: fourth, io Interest due: and last. to principal due.
<br />4. OnarRes; Liens. Borrower shall pay all taxes. assessmenis, charges, fines and impositions attributable To the
<br />Property which may attain priority OVICT this Security Instrument, and leasehold payments or ground rein,,. If any,
<br />Borrower shall pay These obligations in the manner provided in J-131-agTaph 2. or if not paid in that manner. Borrower shall
<br />pay them on time directly I(,, the person owed payment. Borrower shall promptly furnish to Lender all notice, of amounts
<br />to be paid under this paragraph. If Borrower makes these Traymenis direct]. Borrower shall promptly furnish to Lender
<br />receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this SeCUrII\ InSIT'LiMeTIT unless Borrower: (a)
<br />agrees in writing to the paymeni of the obligation secured by the lien in a manner acceptable io render: (lil contests in good
<br />faith the lien by, or defends against enforcement of the lien in, 'Legal proceedings which in the Leiidei', opinion operate I,.,
<br />prevent the enforcement of the lien or forfeiture of any part of the Property: OT (C) Secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating be lien -ir? this Securitv Instrument. If Lt:ndt., cicier—mme., *hai arv, part o!
<br />the Property is subject to a lien which may attain priority ("ter IhI1 S11CUTII.N Instrument, Lender ina5 gi%c B,,rT(A%CF a
<br />notice identifying the lien. Borrower shall satisfy the lien or lake one OT more of the ace ions set forth above wiihin 10 dal s
<br />of the giving ofnotice.
<br />S. Hazard Insurance. Borrower shall keep The improvements now existing L)r I1CTCL1j'rCT _TL•Vled 011 !he PMPCT;y
<br />insured against loss byfire, hazards induced within the ierm "extended coverage" and any other hazards for which LCT!Cler
<br />requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. The
<br />insurance carrier providing the insurance shall be chosen by BorTower subject In I_Ltidcr's approval which shall nol he
<br />unreasonably withheld.
<br />All insurance policies and renewals shall be acceptable to Lender and steal! Include a ,andard mortgage clause.
<br />Lender shall have the right to hold the policies and renewals. If Lender requires. Borrower shall prompt]} giNc to Lender
<br />all receipts of paid premiums and renewal notices. In the event of loss, Borrower shall give prompt notice to the insurance
<br />carrier and Lender. Lender may make proofed loss if not made promptly by Borrower.
<br />Unless Lender and Borrower otherwise agree inwriting, Insurance proceeds shall he applied to restoration or repair
<br />of the Property darnaged, if the restoration or repair is economically feasible: and Lender's security is not lusselied. If' -,iie
<br />restoration or repair is not economically feasible or Lender's security would he lessened, the insillance proceeds shall he
<br />applied to the sums secured by this Security Instrument, whether or not then due, with any excLss paid to Bon-oucr If
<br />Borrower abandons the Property. or does not answer within 10 days a notice from Lender that the insurance carrier has
<br />ofFered to settle a claim, Then Lender may collect the insurance proceeds. Lender may use The proceeds To repair or restore
<br />the Property or to pay sums secured by this Securriy InStTUMeTIt, whether or not then due. The +0 -day period will hegin
<br />when the notice isgiven.
<br />Unless Lender and Borrower otherwise agree in "Hung. any application of proceeds to principal shall not extend of
<br />postpone the due date ofilie monthlN payments referred to In paragraphs I and _'or change the amount of the palnerii, V
<br />under paragraph 114 the Property is acquired by Lender. Borrower's right to any insurance policies and Proceeds loculTITI&
<br />from damage io the Property prior To the acquisition shall pass to Lender it, the extent c,f ihe .urns se: "red ht thj,'NCL U!"ll•
<br />Instrument immediately prt,,)T to the acqu!silinn.
<br />6. Preservation and Maintenance of Property; Leaseholds. 1110M1Afl NhaH r.Ilt LIcsTTOt, Jafjjj_OC )T ,Uit,,TJTIII.i;'11
<br />change the Properiv, allow the Property 10 OCICTICTaIC or commit waste. If ihis % Inctrurnurit i, •!. a
<br />Borrower shall comply with the provisions of the lease. and itBurrower a,:q uirei, feetitle !ot the Property. the lease :old itn,j
<br />fee title shall not inergr unless Lender agrees to the merger sir writing.
<br />1. Protection of lender's Rights in the Property': Mortgage Insurance. If fiolrtmcf 1-jii, t, 'Cr-olin 01e-
<br />coveliants and agreements contained In the Sm'urlIN Instrument, or there is a ICZLII j1T0,CCJMK 0!JI MWI
<br />Lender's rights in the Property (such as a proceeding in hankrupicv, proi,aiC, !"r :-1T1JCn1 OT iol,c i . J%t, ,T
<br />regulations). then Leyiderr ma ' t, dot and pay for w halc%vT IN necessary lo proic,:i The talus (0 Tht PT
<br />in the Property. Lender's ai.IIIIIII, •113y 111,:lude pjvmg any sUtil, seared i'�N :1 ;1,.F1 %Ahlh it.!, T'tlo;11t o", 1�1!'
<br />acrd t1ll Cri Till -Ill the PtIlll t repair . -11x!
<br />Ixridrr may take acu:an under this psi ti ' :il� i 1 ncicr ttc,rs spot h , ,• t .i s
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<br />So:Lirit; Ili 11.11curia -T%r Unle,-s, Hwr7:,u in I i dci
<br />the' tiai: of jicbijr'.vint-w i* oir %ik, '.A!i .1:4t!
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