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<br />,161 105460
<br />UNIFORM (YWFNANts flprrnweranti Lender enVrnant ant) agree a %tolh,w%
<br />I. PaynnrRI of Principal and Interest; Prepayment and Late CharKrs. Burrower %hall promptly pay wile" title
<br />The pnn'tpal of and interest on the debt evidenced by the Note avid any prepayment and late L hargrs due under the Note
<br />2. i lied% tar Totes aRnl Ieaaranee, Subject Inapplicable law or lose wrote •., a by Lender, Borrower shall pay
<br />to Lender on the day mnrtlhly payments arc due under the Note, until the Note is pwil it, full, a sum ( "Funds') cyual to
<br />one-twelfth it( (a) yearly taxes and atsc%smerem which may attain priority over this Security Instrument, (h) yearly
<br />,"$emu Iwymenls or ground rents on the Property, if any; (c) yearly harard insurance premiums; and (d) yearly
<br />11110411 SW 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 firms
<br />The Funds %hail he held in an Institution the deposit% or accounts of which arr insured or guaranteed by a federal or
<br />Nate agency fiincitdmit Lender if Lender is such an invilutsond. Lender shall apply the Funds to pay the escrow items.
<br />Lender may nrit charge for holding an3 applying the Funds. analyzing the account or verifying the escrow items, unless
<br />Lender pays Hotrower inlerml on the Funds and applicable law permits Lender to make such a charge. Borrower and
<br />(.ender may agree in writing that interest shall he paid ore The Funds Unless an agreement i% made or applicable low
<br />requires interest to be paid, Lender shall not be required to pay Ilormwer any interest or earnings tat the Funds Lender
<br />shall give to flrxmwer, without charge. an annual accounting orthe Funds showing credos and dchils In the Funds and the
<br />purpose for which each debts to the Funds was made The Funds are pledged A% additional %ecurily for the sums secured by
<br />the%Security Werumenl
<br />If the amount of the Funds held by i- ender, together with the future monthly payments of Funds payable prior to
<br />the due daleii of the escrow items, shall ext ml the amount required u, pay the c%ciow• tocros when (life, the excess shall he,
<br />at Btrrowrr'%oplain, sillier promptly rcpaul to Borrower or credited to lorrower tin monthly payments of Funds If the
<br />amount of Ibe Funds held by Lender is not wfficient to pay the c%crow ncnn when tic. Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in note or mfrs- payments as rellutrtd by i ender
<br />Upon payment to full of all sums secured by this Security Inorument. I ender shall promptly refund to Borrower
<br />any Funds held by Lender It under paragraph 19 the Property is sold or acquired by Lender, lender shall aptly, no later
<br />than immediately prior to the safe of the Prnperty or Its actInmioon by Lxndet. any Funds held by Lender at the time of
<br />appltcalitin as a eredil against the sums secured by this Secunty Instrument
<br />3. Apptlication of Paytaeats. Unless applicable law provides otherwise, all pavmenis received by Lender under
<br />paragraphtl and 2 %hallheapphed. first. to ataounts payable under paragraph 21 second, to interest
<br />due; Rod last. to principal due.
<br />a. Clio WK Liras. Burrower snail pay all taxes, o%.ses%menis, charges, tine and impositions attributable to the
<br />Property which may affairs priority over this Security instrument, and irasrhold payments or ground rents, if any.
<br />Borrower shall pay these obligations in the manner provided in paragraph 2, or if not paid in that manner, Borrower shall
<br />TOY them on firsts directly to the person owed payment Borrower shall promptly firni%h in Lender all notice% of amounts
<br />lobe paid under this paragraph. if Fkrrower makes these payments directly. Finrrnwer shall promptly furnish to Lender
<br />owe pis evidencing the payments.
<br />Borrower shaft promptly diwharge anv lien which has pnnnty over this Security instrument unless Borrower- (a)
<br />agrees in writing to the payment of the ("itearion secured by the hen tit a manner acceptable 10 Lender. (b )contests in good
<br />failh the lien by, nor defends against enforcement of the hen in, legal prncerdtngs which in the ( ender'% opinion operate to
<br />prevent the enforcement of the hen or forfeiture of any (tan of the Property. nr (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender %uttordmating the lien to this Security Instrument If Lender drferminc% that any part of
<br />the Property is subject to it lien which may attain priority over this Set urtty Instrument. Lender may give Borrower a
<br />notice identifying the lien Borrower %halt satisfy the lien or take tine of more off he actions we forth aM,ve within 10 days
<br />of the given fl of noose.
<br />S. llaaard lRarranee. Mirrower shall keep the improvenirnt% now canting r,r ttereafler ern ted on the Property
<br />insured agarno loss by fire. halards included within the terra "extrndrrl cnvcragr' and ativ nflicr haiartls for which I ender
<br />requires insurance This insurancr shall he maintained in the amount% and for the prru,tls that I critter rcgurres The
<br />insurance carrier providtmj; the insurancr shall he sham by Borrower %uhtec t to l endcr's approval which ,hail viol he
<br />unreasonably withheld
<br />All insurance policies and renewals shall he acceptable to Lender and shall include a standard mortgage clau%e.
<br />L.efnder shall have the right to hold the podicrr, and renewals If I ender rrqurrr%, borrower shall promptly give to Lender
<br />all receipts of paid premium% and renewal notices in the event of loss, lintrnwer shall pave prompt notice in the insurance
<br />carrier and Lender Lender may make proof of teas% if not made promptly by Borrower
<br />Unless Lender and Ikarower of hefwi,e agrtt in writing, in%ur,uicc firer eeads shalt tot. applied Iii resforahon or repair
<br />of the Property damaged, if the rnloratnm or rclsa :r t% eotininically Ica%ihlc and Lcnder's uturtty t% nor( lessened If the
<br />restnratx,n or repair es not eLonomtcatly feasible Of Lender'% %ecuruv would he lessened• the insurance proceeds shall he
<br />applied In the wm% secured by this Security lnstrurstenl, whether or not then tine, with any excess paid to Borrower If
<br />Borrower abandons the Property, no, does twit amwer within t0 days a notice from i ender that the insurance carver ha%
<br />offered it, settle a clan, then Lender may c.dlel the insurance prticcels lender may use the proceeds to repair or restore
<br />The Property or to pay sums secured by this Security Instrument• whether or not then due The MI -day period will begin
<br />when the notice is given
<br />Unless Lender and liormwer rnherwise agree in writing, any application of procrcd% to principal shall not extend or
<br />poseprme the due date of the monthly payments referred to to paragrapbts I and 2 Of change the amount of the payments. if
<br />under paragraph 14 the Property is ='led by Lender, Borrower's right to any msuratit a pothcir% and pre%creds resulting
<br />from damage In the Pmpeffy proof i the acqunuion %hail pa%% to Lender in r fie rlienl of the sums secured by this Security
<br />itWrliment imrnrdtaiety prior to the acqunnijon
<br />G. Preaernill" anrtil Mainfenewe or Prryerely; 1. *wknkk. Borrower shall nor dr%trov, damage or %tih%tanrraliy
<br />eh"Ot the Property, alkm the Property to deteriorate or commit waste if this Security instrument is on a Iea%ehold.
<br />Borrower %hall comply with else prmtstnns of the base. anti if Borrower acquires fee title (o the I'ropenv, the lemehnld and
<br />fee tole shall exit merge unless Lseeder agrees to the merger in wn"ng.
<br />7. Preteelisa nor (.enter'% Nitek" in Hie Property; Mnngajtr Insurance. If Burrower raft% In perform the
<br />Cowen MI$and agreements contained in Ihr% Security In%Irumenl. or ihrre is A Irit.tl pr,kredityt ihat ttvn %ipn.fi, aptly affect
<br />LtnderPa rights in she Property (such a% a proLmlintr m hankrutacs, pr „(+air, io�r i ondrinnainn or to enforce law% or
<br />riegttlatwMil), then Lender may dri and pay for whatever is necr%,ary in prrrlere the value of the Properly and Lendef'% right,
<br />d the Pn,petly. Lender's actions may include paying any %urns witted by a hen whith has priority over this Security
<br />FlitstruNem. Appearing In CfMfl, paying frasuMable alinrneyt' fee, and enirring on the Ptoprrly to make repair% Although
<br />Len%lef may (eke *cows” tinder this paragrapb' I rouser dose% nos have in d.•,n
<br />Any arrtrssinis de%buraetf by Lender under tin paragraph 7 %ha0 I,enme adtfira,n : +l olrM r•r Il,ur,•wer setuietl M ihn
<br />Caruy ImtfUlMllt Untie%% Wier rower and I -rotifer alms toolhri (elms of pit% men i fhc %e ernerylrtte :hall hear "11Prh1 Ipr,m
<br />the daft of dolibursemertl A edit Nine rant Aod shall he panatilr. *fist ntK.r•.r •,t*•.. ....n, v Ir,y,• 1 -0vt on 11- -vier
<br />tgtNresltng jsarment
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