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86--- 105089
<br />U\ I FORM CCA ENAZt's Borrower and Lender covenant and agree as follow,,
<br />I. Payment of Principal and Interest: Prepayment and Late Charees. Borrower shall nromr,111% t^ay -wben du
<br />the principal of and interest on the debt evidenced by the Nate and any prepayment and late charges due under tlie'a OC
<br />2. Funds for Taxes and Insurance. Subject inapplicahle lain or to a written waiver by Lender. BaIrower Shall ray
<br />' to Lender on the day monthly payments are due under the Note. until the Note is paid in full.:: solo ( "Fitt" "'i equal :s;a
<br />one- twelfth of: (a) yearly taxes and assessments which may attain prionsy over this Security Instrument: (hi realty
<br />leasehold payments or ground rents on the Property-, if any; 4c# yearly hazard insurance premiums: and td) )tarty
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due on the
<br />basis of current data and reasonable estimates of future escrow items
<br />The Funds shall be held in an institution the deposits oraccOunts bf which are insured car guaranteed by u federal or
<br />state agency €including Lender if Lender is such an inmitution). Lender shall apply the Funds w par the csmow items.
<br />Lender may not charge for holding and applying the Funds, analyzing the account or verifying the escrow stem-, unless
<br />Lender pays t%rrower interest on the Funds and applicable law permits Lender make such a chage- Borrowim and
<br />Lender may agree in writing that interest shall be paid on the Funds. Unless an agreement is made or applicable law- .
<br />requires interest to be paid. Lender shall not tae required to pal Borrower any interest or earnings ors the Funds- Lender
<br />shall give to Borrower. without charge, an annual accounting of the Funds showing credits and dchits IQ. the Funds and the
<br />purpose for which each debit to the Funds ,has made` The Funds are pledged as additional securks feu the sums secured by
<br />this Security Instrument
<br />If the amount of the Funds held by Lender. together with the future mcinihly payments of Funds payable prior to
<br />the due dates of the escrow items, shall exceed the amount required to pay the escrou iietns when duo the excess shall be-
<br />at Borrower's option. either promptly repaid to Borrc: wer or credited io Borrower on mombly payment'—of Fonds. If the
<br />amount of the Funds held by Lender is neat - ufi::tern to pay the escrow items when due_ Borrower shall pay to Lender any .
<br />amount neon, ary to make tip the deficiency in one or more payments as required by L.cudcr.
<br />Upon payment it-, full of all sums secured by this Security Instrument, Lender shall prompdh refund to Bmrrow--T
<br />any Funds held by Lender. if under paragraph 11l the Property is sold or acquired by Lender. Louder shalt apply, no later
<br />than immediately prior to the sale of the Property or its acquisition by Lender. anv- Funds held lsy Lender at the time of
<br />application as a credit against the stuns securedby this Security Instrument,
<br />3. Application of Payments. Unless applicable law provides otherwise, all payment; received by L.eniler under
<br />paragraphs I and ? shall be applied- first, to late charges due under the Note: second, to prepayment charges due ttndes the
<br />Note; third. to amounts payable under paragraph 2, fourth. to interest due: and last. to principal due.
<br />4. t largest Liens. Borrower shall pay all taxes, assessments, charges, fines and irmposrttiins, attributable to the
<br />Pmpert an
<br />which may attain pn ti over this Security' inurument, and Ieaszhold pai°mem v*r is griLmod rents, S any.
<br />Borrower shall pay these obligations to the rnanner provided in paragraph 2. or if teat paid in that mintier. Bcatrcaav °e shall
<br />}ay them on time directly to the person owed paytmcm. Borrower shall promptly furnish to Lender all nmicrsa of am ourr".
<br />to tae paid under this paragraph. If Wwrower makes these payments directly, Borrower shall prc?mpdy furnish to Lender
<br />receipts evidencing the payments.
<br />Borrr?wer shall promptly di- charge an} :ten which has priority over this Secuirty Instrunwrit unless Borrower fat
<br />agrees in writing to the payment of the obligation secured by the her in a manner acceptable to Lcndcr: that coutestsin good
<br />faith the hen by, or defends against enforcement A the lien in. legal prcaccedings which in the Lender's opinion Operate to
<br />prevent the enforcement of the lien or for%=ttire of env par*_ -if the Property; or (ti- see ures from the 1KAdeir of The lien an
<br />agreement satisfactory to Lender subordmating the hen to this Security Instrument. If bender dctterr=aes that any part Ease''
<br />the Property is subject to a lien which may attain prKway .over this Security Instrument, Lender may gmc $miry a
<br />notice identifying the lien. Borrower shall satisfy the lien to take one or more of the aetiomsset fcxth awe within 10 days
<br />ofher giving of notice.
<br />5. Hazard Insurance. B arrower shall keep the impro%ements now eiistrag a heceaftev rectted an Ube Properis
<br />insured against loss by fire, hazards included within the terns `ettendrd coverage =.arid any other hazards feu wInch Lender
<br />requires insurance Thi. tnsurance shall be maintained in the amourats and fear the pemids that IxrKk-T 'requires- The
<br />insurance carrier providing the insurance shall be hosen by Ik rre wrr subject to Lrrnier's a}-�rolal which shah not b?c
<br />unreasonably withheld.
<br />Ali insurance policies attic renewals shall be acccpta't±le to Lender and shall include a Standard mi-KSgagr, clause:
<br />lender shall have the right to hold the policies and renewals, If Lender requires, Burrower shall promptly ei3e to Lender
<br />all rec tipts of paid premiums and reruaval notices. In the event of loss, Borrower shall give pry iscttic ,iii t'uc irimtranc
<br />tamer and Lender- Lender may make proof of toss dnot made promptly by Borrower.
<br />Unless Lender and Borrower othemtse agree in writing_ insurance pnaceeds shall be Applied io restraatkin or reparr
<br />e)f the Property damaged: if the restoration or repair is ectamomically feasible and Lender*!- security is moo lessened- If the
<br />restoration or repair is not econornically frasrlak or Lenders seccunty %ould be lessened, the insurance proceed- shall be
<br />applied to the sums ,4 ured lsi this Sectinty Imstrumem. whether cm nor then due, with any rux� p tw Iicirra +v er- If
<br />Borrower abandons the Propens, or does not answer wWain -It) days a notice from Lender that theinsttrarsce orrice has
<br />offered io settle a claim, then Lender may collect the insurance proxeeds_ Lender may use the proceeds to repair o rt-Ame
<br />the Property or to pay rums Secured by this Securitt Instrument. whether or our then due The = t) day' period W1111 begin
<br />when the notice is given.
<br />Unless Lender and Borrou et Otherwise agree in writing any application cif prvxeeds to principal shall not extend m
<br />postpone the due date of the im ntlily paymt nth .referred t o in paragraphs I and 2 or change the amount ottere tit- y meaty. If
<br />under paragraph 14 the Property is acquired by Lender. Borrower's right to ant in surance pohcics and proceed, resulting
<br />from dinnage to the Property prier to the acquisnkm shall pass tia Lender to the eaitem of the hunts secured lac this 1-k-cunt}
<br />Instrument immediately prior tvtheacyuisition.
<br />6. Preservation aad NIaiinteoance cif Property. I ettst+m4&. Borrower shall not destroy, daranaat wr s nbsta ttally
<br />t:bimge the Property. atlom the Prtaperis to drtcriorate ear €omtnn waste: if this Set writ} Instrument L, on a 'to' ,
<br />, 3TidTFaAX£a I -$L "i�iiiCS ii'Csi3lCiii l #sci i. -F "aC - a�rnu'
<br />fee title shall not merge unless Lender agrees w the merger in tvrtting_
<br />7. Protection of Leader": Rights is the Property NfurtXW Iwarano-_ If Bcitxower fails to pe€foriu the
<br />covenants and agreed ents c antamrd in this Security Instrument, 6r there is a ' gal yeti reeding that spay° ea csii an =1a aflec i
<br />Lender's rights in the Property touch as a procrcdrng in bankruptcy. prcdiatr. fot i odem nation or to ri&rsr c .arts or
<br />regulations :), then Lender ma} do and pay' for whatever is ntcrssar) to protect the +slut of the ProIv. rt> and Lc€i&s', rights
<br />in the Property i cridet s actions may mclude ;%%}trig any sums secured lay a her. %hi h has pea :only ,vet his se uric'
<br />Instrument, appearing a c auri, paying reasonable attc rruy`s` frees And entering on the fli.j et *y to izixl e a «rs. :s ..hc.ugl
<br />Fender ntay take ot�tapxn utrdet this tsgtaph I ender Jocs not iiaae ;e: =dosa.
<br />Any ati =7us,ischstwriwdb; Linder umlrr this paragraph '.sla €lbocerie si3 :t ar€tidrF rtFi +rx -aec, t- rile±
<br />Sea unt o lnstrunicni i.'nless Rl rx.,wer and Lendei agrcr iv onct. ter -.ic „+ pa niei.,, the rants unto yl i?1 mss .., kr,, i
<br />,ht, dmw ;af : !,,, e zsr.,. ;v ;hc No-.e sate And flail to -4 at -
<br />� , u ,:cast, ups ;t.,.c , a .r it.t.a ce,
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