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<br />09 103920
<br />UNIFFOrtt CnreNAN`fb Borrowrr and Lender covenant and agree as follows:
<br />I. Payment of Principal and Imemts Prepayment rod Late Charges. Borrower shall promptly pay when due the
<br />principal of and interest on the debt evidenced by the Note and any ,.repayment and late charges due under the Note.
<br />2, FoWr for Tatter sad insurance. Subject to applicable law or to a written waiver by Lender, Borrower shalt pay to
<br />Lender on the day monthly payments are due under the Note. until the Note is paid in full, a sum ( "Funds ") equal to one-
<br />twelfth Of: (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly leasehold
<br />payments or ground rents on rite Property, if any; (c) yearly 'aazard insurance premiums; and (d) yeariv mortgage insurance
<br />Premiums, if any. Thew items are called "escrow items." Lender may est ma ir. the F an& due on the basis of current data
<br />and reasonable estimates of future cwrow items
<br />The Funds shatl be held in art institution the deposits or accounts ,,t wtaich are insured or guaranteed by a federal or
<br />state agency (including Lender if lender is such an iryritution)- Lender :hail applv the Funds W pav the escrow items. Lender
<br />may not charge for holding and app!ving the Fund., anak!mg the accntint or .erifving the escrow items, unless Lender pays
<br />Borrower interest on the Funds and applicable law pe-mits Lender to make such a charge. BorTOWer and Lender may agree in
<br />writing that interest shall be pai;i on the Funds_ Finless an agreement is made or applicable law requires interest to be paid,
<br />Lender shall not he required !ti (say Rmrower any: interest or earrings on the Fund'. Lendet shall give to Boirower, without
<br />charge, an annual accounting of the Ftartds clawing credits and deisits !o the Funds and the purpose for which each debit to
<br />the Funds was made. The Funds are pledged as additional 'et:uros for the sin is secured by this Security instrument.
<br />If the amount of the F a n,; 's,: lender. !c?gelher wnh ,he future monthly payments of Funds 'payable prior to the
<br />due dates of the escrow Items sha;! ,ecd the amount required to pity the c,cross Items when due, the excess shall be, at
<br />Borrower`= option, either prom, tiv repaid to Borrower or :redi!e,1 en rrronth!y payments of Funds. Jf the amount of the
<br />Funds held by 1-ender is net stfEcier. rca pay the cscrcw item hen clue Borrower shall pay to Lcnder any amount
<br />necessary to make up the dchcienc. it <yne cur no,. panents ;l< a .ui °ed L, render.
<br />Upon payment in foil rf all sup secured tic this Secu ty lu m •nt. 1 enderr ;hall prompt!, refund to Borrower any
<br />Funds held by I ender If and ?r paragraph 19 the Proper y i. ,old acquired by Lender, Lender shall apply, no later than
<br />immediately ,rot to the salt of the ! roperty rH acqu+uuon by i_Crider, arty Fume heft by Lender at the time of
<br />;a, plication as a credit against the sums -cured by this `;erari[v !n truinent
<br />3. Application of Payments, l'ekss applicable 1;11.s provided .,the %,i%c, all cayntcn', received hy Lender under
<br />paragraphs ! and 2 :hall be applied f',.....) ;ate :harges due tinder the N cute: rcond', [a Prepayment charges due render the
<br />Note: third, to amounts pavahle under paragr3;.n . rcl-th. N, intc;ent due. and lair. :u prmi :ipai due.
<br />4. chart": Litl Rorrnw cr shall play all taxes a- .latent charges 'one. and 'imps noes atirilswable to the
<br />Propr_rty which may attain pnu•!ty over This Secu, !v incur ,.cr.t, and Irasehold rayments :a ground rents. .f any. Borrower
<br />shall pay these obligations it! the riaannr pro—iidcd lit !sarsgraph 2, of s ,an[ paid ;n that planner. Boirowcr shalt pay them on
<br />time directly to the person „xrd paynx Borrower shall promptly trn =.h is I r,det If[ rat ;ccs of ;mutants to ice naid under
<br />This paragraph It Borrower makes ihe,c ^a}ments d!rcc ?lv, Borrr`wcr daall prompliv tarn ii to Lender receipts evidencing the
<br />payments.
<br />Porrower shall promptrs It cha:g :. w, !!zn which ha, -- i:n ,: r',! '�r u,ti tr,irn,:n:nt agrees
<br />in writing to the paytncnt of ,h_ r hhgat n :ccire:.f h, !fie hcn m ., mr.nrrr r :btr r,+ 1 er :dam h) ._,.,teal; ;n good faith
<br />,he lien by, or defends: against e tforcenie ion !h ri un, legal pro ,ding, w111-1 In ,Fr t under pit !on c .e ate to ptco-ent
<br />the enforcement of the lien o, forfeitur any pia ',, r, .per.s, tlT f.i : is 'N'(11 the frskl_r of .lie r, r:. art agreement
<br />satisfactory to Lcnder sulsordinatinc the lirn ! 0'!', Sect.r:! fa l.umcnt if Len ,r, dc: rrtnarace {had .} ,art of the Protsern is
<br />subiect to a lien which ma.. attain ;:nr r Secu.. r,.rrotnrn'.. l c us. ..;as nr ti ±rr. xr r:c,a;ce :den:ifv;ng file
<br />!icn Borrower shalt satrsty the lacy o ale, ";c of " :e q;,t a .c! t amass of the cawng 0, n (ice
<br />5. Hazard insurance. B Iris wcr hzIii le r a c r a t xc li t w car t p e,. r etc t+ on !hc r t.l -en r ,:d
<br />against loss by fire, hazards i i sd wii r is rcr i cm ends 1 ca (rage 1 a . .,het ar A,:{ Lender ende etlu!r s
<br />insurance. chic insurance ,hail Ise n; gat as .c.:, .r c anu,ua end ht <
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<br />. e. .t i it -e. The lIS :7anil Cif r.,t
<br />providing the insurance shall e chosen ' Boils we ubivc ? cn tc. app > . h ;ch hat! a he :anteasonah1v withheld.
<br />Ail insurance Policies and renewal hall be a,.rprable o 1 elide, and , hall include a standard mortgage clause. Lendet
<br />shall have the right to hold the policies and rercwals If i ender require,. Both wer =hat. pr,r.,priv give to Lender all receipts
<br />of paid premiums and renewal notices. it I'll! went of loss, Wlltoez sl :lall gi,e prompt n :.epee to the insurance carrier and
<br />Lender. Vender may make proof of lo_5 i, rot made prnmpfiv by Bsrower.
<br />Unless t..cnder and Born•wrr of herw isr agree li3 r i tg, ,osuaa a a. c,ceds shell Ie app.:ed resat 3[icn or epair of
<br />the Property damaged. it the estorat{c n of re air as ^.eoncanacally easih.1t and tender's ,c"mte a not aessened. If - e
<br />restoration or repair is not economicalis feash!e of Lenders Sr.uriav would he '.esscned.. !hc insirr,ncc pr screclt 'hall
<br />be
<br />applied to the sum secured by this rtecuril, )n,trumeut, whether of not theta due, sv!;h ant excess pal r , Borrower. If
<br />Borrower abandons the Property, Of _ °nit answer wythin l(j days a not c �roatt !rude; tr,at the m,suranse career lags
<br />offered to settle a claim, [hen lender ma} _ohec! !tie :nsura ;r ;e proceed, 1 ender may ice the proceeds to repair or restort
<br />the Property or to pay sums sect :red be his Sccuritq instrument, a'Icfhtf e r ,. lhen r:ue ,c 0 -day !?criod will begin whin
<br />the notice is given.
<br />Unless Lender and Borr wcr otherwise agrcx iii art ntz :::. apphcaawr.
<br />xct t!
<br />Postpone the due date of the rt sn hie 1a }n city t.t..,t.d To i ara t t ,.
<br />p B P at t t s n u ! t s n c 7r !
<br />urger paragraph 19 the Ptc7oetty is acq fired by Lender. ltd r ,er s;h ass
<br />! cc u{ tut.
<br />from damage t;. the Property prior r ,u iht asquic,t,ct ;hall pas; ;,, 1 erc,e, „ , -< , s ani : fie s, r
<br />Instrument ammedaatdy prim i -. ;Le as<,..uh,ta.
<br />6. Pretaervation dad Maintenance Of Property; Leaseholds.
<br />s ',t pr t •ut.. nt!a!!s 1atRr
<br />the Property, allow the Properly IL, detr orate of rontrnit waste If !hl,
<br />comply with the ptosastons of the lease, ,fi( it Bcsr.tsuer acquires !cc tali the i ropo? %. Ow 'cast ,ui arc: .cc 'n :e .hall nth
<br />merge unless LCndet agree, It, [he me-gel ! ; wr::ing.
<br />7, Protection of l.;eader•% !tights in the Property. Moriga!te Insurance li B,..... c,
<br />agreemenl5 t[,Fitaitaed in. thi, tie nCitY Ins 2 l.riti, r Ir`t' !CKai l -4e rtrrg
<br />h
<br />The Property (such a s k ;na :eedt ae �❑ h r � upr s i c( ,uc. t �nde nn o n o r nli I a
<br />may d., and pry far whalryet i i - lr �( .tc -
<br />aCtitans may ins rods t a u;x ins tutu rot 't h as, t h' s.cr i I t is .
<br />a t
<br />paying reas.txhe atom-0, ?e• -tcl on tic ,. r s t- n.rakr
<br />paraKral1a (,,der 1 t r u ha,t, a 1
<br />a [uli,na; 1cb o i r wc! ., i aY. r, :all ;utr cl 11
<br />pagarrent. ths^sr amc+urtts eha?i e :a.
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