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<br />S6-- 102717
<br />UNIFogNCOVEN,% %'s &- irrlwerandl.0 i tO +enantand agreea, ,
<br />1. Payment of Principal and Interest: Prepayment and Fate Charges. Bcorro%%cr .hail pr•ni-ptly pay wheat due
<br />the principal of and interest or. the debt evidenced by the Nate and an• prepalrnent and 1 e; ?ear es due under the Noie.
<br />Z. Funds for Taxes and Fasuranice. Subject do apphcAllle Caw or to a %%rmen waiver by Lender. Borrower shall pat
<br />to Lender on the day- monthly payments are due under the Note, until the Note n paid in full, a sum i "Funds''! equal to
<br />one - twelfth of ray yearly taxes and assessments which may attain priority tier this S-ecurity Instrument; ON yearly
<br />leasehold payments or ground rents on the Property, if any; (cl v lily hazard insurance premiums: and td1 yearly
<br />mortgage insurance premiums, if any These items are called "escrow nem, " Lender may estimate the Funds due on i he
<br />basis rf current data and reasonable estimates of future escroyv Items
<br />The Funds shall be held in an institution the deposits or a,-cnunts of which are Irnurcd or aetaranteed by a koleral or
<br />state agency (including Lender if Lender is such an insittunoni lender shall apply the Funds to pay the escrow items
<br />Lender may not charge for holding and applying the Funds. anal% zing the account or verifying the escrow Items, unless
<br />Lender pays Borrower interest on the Funds and applicable law permits Lender to make Stich a charge Borrower and
<br />Lender may agree in writing that interest shall be paid nn the I !inns Unless an agreement is made or applicable law
<br />requires Interest to he paid, Lender shall not Ise required it: pal B(,rret"c•r any interest or earnings on the Funds Lender
<br />shall give to B)rrower, without charge, an annual accounting of t!ic I !Ind, showing credits dnd:ieh;l% to the Funds and the
<br />purpose for which each debit to the Funds was made the Funt.s arc pledged ;:, additional sec urn% t.ir the sums secured h_.
<br />thnticcurir Instrument
<br />if the amount of the Funds held by Lender, iogether with the future m,mthly payments of Funds payable prior to
<br />:he due dates of the : s; ryw items. shall exceed the amount required to nay the escrow arms w hen due, the excess shall }e,
<br />at Borrower's option either promptly repaid to Borrower or credited to Borrower ,tit monthly payment, of Funds- If the
<br />amount of the Funds held by Lender is not su:ficieni to pay the cscr'." items when due. Borrower shall pay to I ender any
<br />amount necessary to make up the deficiency to one or more payrttenis a', required by Lcnder
<br />Upon payment to bill )fall sums secured by this Security Instrument. Lender shall promptly refund in Borrower
<br />any F=unds held by Fender It under paragraph 19 the Property is said cis acquired by Lender. Lender shall apply, no later
<br />than immediately prior to the sale of the I'rc,pert% or its acquisition he Lcnder. any Funds held by Lender at the time of
<br />appiicatton a, a,:redit against the sums secured by this Secunt) Instrurneut
<br />3. Application of Payments. Unless appllcabic law pray ides attherw]se, ad p dyments recoiled by i ender under
<br />paragraphs 1 and 2 shall be applied first, to late charge~ duc under the Note. second, to prepayment charges due under the
<br />Note. third, to amounts payable under paragraph 2. fourth, to interest due, and last, it' principal due
<br />4. Charges; liens. Borrower shall pay all taxis. JllCssnlents, charge,. fines and imposition, attributable to the
<br />Propertv which may attain priority user this Secuml Its trutnent. and leasehold payments or ground rents. if an,
<br />Borrower shall pay these obitgation, in the manner provided to paragraph ' for if no! paid in Chat manner. Borrower shall
<br />pay them on time directly to the penscorr <-Ahld payment Brtrrit,v of shall p•rornptl furnish !n Lender all motet, of amounts
<br />to Ise paid under this paragraph if Bairmwer makes these payment, dtrcitly, Borrower ,hall promptly furnish to Linder
<br />receipts evidencing the payment,
<br />K,rTower shall promptly discharge arlV lien which has prioii,,v [`err [fits siecuritl Instrument unless Borro"rr (a)
<br />agrees in "'sting to the payment of the ohligation ccurcd hv the 11cti In a inanity ac :eptab!•` (c, Lcnder, t h1 conte,i, in good
<br />faith the lien by. or defend, against enforcement of the lien in, Ygaf pnccedmgs which in the Lcnder\ opinion operate to
<br />prevent the enforcement ;,f the hcn or forfeiture tit ally part it the• Properto or I,:) ,cl-urc, fit in the h,)ldcr of the hen an
<br />agreement sattslacton tot Fender suN,:.imanng the hcn to this Ntcuriry Instrument If i coder Sete•rnurc, that at-,% parr tit
<br />the Property is sublect to a Itch uhtch may attain nrioritl t,ler this slccurito In,17wticni. 1 miler may :tic Borro "en a
<br />noitCe identifying the !tell Borrower shall,ati,fy the hen :,r take 1.110 IT -n +•re of the a,i]ons,ct forth aN),r within 10 d.ly,
<br />of the gn ing of mousey
<br />5. Hazard Insurance, liorro "c•r shall keep the ompr: staernn nn" cx!stinv, „i iptteaftrr rrccied on the Proper,-
<br />Insured against loss by tire, hazards included within !Lit let tit rx lrndCd I "l Cfagr" And _InN ..l her halarlis for 'A hlch I ender
<br />requires insurance i his irnurame ,hall he rtlairllatried tit tine alm,i:nt, and I,,; ;ire prria,tf, that I ender requires The
<br />insurance carrier prny]dmg the in,u :an.r ,!nail Ie ch,'en hl B, r„ -wc! ,:Ihtcct I'l I r ;.der', appmlal uhtch shall nol he
<br />unreasonably withheld
<br />All Insurance pi,hcic, apu rcnc%; ik +bap `, _ ,:Vpiahic it' t crdCr and ,hall ln,ludr n standard rru:rigagc clatlse
<br />Lender shall have the right ttr hind the poi! "IC, anti renc.ak It I cmdrr rrquiics, !t•vr.,ur_r ,hall pr,,mpaly gile to Lcnder
<br />:oil receipts o; paid premiums and renewal notlees In the csrnt r1t loss, Bur -Cl ,hall c`nc prollipt note c to the insurance
<br />carrier and Lender Lender mad, make proof of loss it not rnallc pronlpth by Borrower
<br />Unless Lender and BcirTouer otherwise agree in uriring, I*l,urancc pros cod „!:.Ili hc• appheci to restoration or repair
<br />of the Property damaged, It the rcatctrauan or rVpatr 1, economically fcasihie and I e! :der ,security t, not ic„cned 11 the
<br />restoration or repair is not monranically feasible or I cnder's sc,.ural would ^'e icsscrrd the ny,ivance prxeed, shall he
<br />applied to the suns secured by this Srcunty Instrument, kheitiv! :. ;loi then, duc. with :lay excess paid to B mower if
<br />Borrower abandons the Propetl..,r does not answer unhin 41 daos a nrti ;c tr,irli I rndvi that the Insurance• carrier ha,
<br />offered [n settle a claim. them Lender may collect the msuran,r pr,o.ecd, I roger roily u,c the p!(I,!ee-ds it, repair of r,,iorc
<br />the Property or to pav ,tilt], ,eCnred hN this security Instrument. uhc:hcr :! not i!Scn due I he '`1'-;da1 period %%it! begin
<br />when the notice 1, ai, en
<br />Caless Lender and 1k1t1,'' "Bt ,otherwac a_rtc in wnttng. ,uiv app!I,ali -, „t pn><crd, in principal shat! not extend or
<br />postpeone the duc date u! the in oni hlv pay meats referred to In paragraph, 1 in,! ' it . hanl:c- !hc ernour,t ::f the payment, It
<br />under paragraph 19 the Property t, acquired by Lender. Borrower\ right t any rlr,urancc pr!hue, end pr<ocerd, rc,ulung
<br />from damage to the Property prior to the a: yulsition shall pass too 1 ender it: the evrcm A the suit, ,ecurrd hl this `e loll%
<br />instrument lmmctillatel prior to the acquisiti.,n
<br />6. Preservation and Maintenance of Proper; Leaseholds. Borrower ,h.ti1 11.11 dean,%. cdallia ;r u]h,ian!:dhy
<br />change the Property. alluw the Pry *pert% to deteriorate ,r COM1110 "slur It this sc. ;!llty Iti,rrUrnCnt 1 :1!1 Ica,ch. old,
<br />Borrower shall comply with the proytsu•t %of the lease, and if Burro"T. r acquires (re !lily to, the Pr"pertl, the Ira,efloid and
<br />fee titleshall not merge un!es, Lender agrees to the merger lr "ruing
<br />7. Protection of lender's Rights in the Properly; Mortgage insurance. It H <tri ;lwct tail, To per!,,rni dic
<br />covenants and agreements c mi.inw.t in this Se�unt% Instrument. "I there !,.! iega! p!—ccd!nt that tau, ,!¢n,hc.anlly aihv,!
<br />Lender's Itghts in the llrhperiy (such as a preceding to tankruptcy. p lot,ate. h f c:,ntlenlr,;ur. v t,I t„ cnf,one loll, ,.!
<br />rettulationO then I coder may d ind pay for whaitic•r is ncece Ir% o I r tt i th "flu of Oic F , pc h and I c tone •igh!,
<br />to the Property Lctider , acrlt I , May lR U1lV oan1119 MIS , t t, eon ,:d h\ ,1 lw %.h:, - } f I( I \ .'I if!!, \- illll l
<br />(t1N,rtmeni Appevtng ri 'tuft l a1,t1): rei,t .i,IhIC Itlorney, fee, Ind ll tl.!� 1... I !o ;sill 1:1 nlakt !,,pa,l, 1.,1 oileh
<br />Lender alas %ikc m- ti:, n i•.1de'r !h ,, lragrd l`(1 -. 1 cnaclr iii K', not has e t tI
<br />3
<br />"tins arnouitis dnhu nc'tn Ill I <. t 1e7 il'itlrr I his t.iray+aph ' ,hit!! h(t I ..lute .l 1 t ,l t f 0 It r. t! ,c I h, :1`1,
<br />"4f71b Instr nictii I r.tCN, fk l-ro r ;sp,1 1 ,'Putt agi,-c' ..I'iCt dirt•, -,t p,oi n,, _,c W,, ,. . !.a t—,, cic,; :r ,
<br />ihr. Italc 't 'tS,hir!ti•' :Stf •Z, y! The N,%!e Elie '-d 01"!; - < '.i\ Hitt' —t- ! :tk-,—I
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