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Poe t�B 9 ►
<br />Leial r;' gat <lie raked to pay Borrower arty interest or earningi, on the Funds. Lender shall give to Borrower, t
<br />ebpge,;aa;tttutnL,atuotsaeLg of`ttie Fu m dmwiag,;eredits and debhs to the Funds and the pnrpone for rvhieh!each debit "to
<br />thi FA" was made. The F are pied/ed as additional security for the sums secured by tlils" Security instrument.
<br />1f for amou* of the Funds held by' [lender, together with the future monthly payment of Funds payable prior to the
<br />due dabs of the ew.ow items. AO emceed the amount required to pay the escrow items when: due, the excess shell. be, at
<br />sonewees option. :either ; promptly repaid to Borrower or credited on monthly payments of Funds. if the amount of the
<br />Fu lmk bead by Lender it am sidlicient to pay ° the escrow items when due. Borrower shalt pay to Lender any amount
<br />necessary to make up the daticieocy in one or more payments as required by [leader.
<br />theta payment i n fall of all sums secured by this Security Instrument. Lender shall promptly refund to Borrower any
<br />Fords bald by [leader. If under paragraph t4 the Property is sold or acquired by Lender. Lender shall apply, no later than
<br />inmeediat* prior to the sale of the Property or its acquisition by Lender. any Funds held by Lender at the time of
<br />appootioa as a credit agent the suns secured by this Security Instrument.
<br />3. AppNWAW , of P117 msats. Baku applicable law provides otherwise. all payments received by Lender under
<br />paragraphs 1 and 2 shelf be applied: first, to late charges dux under the Note; second. to prepayment charges due under the
<br />Note; third, to'aroowds payable under paragraph 2. fourth, to interest due; and last, to principal due.
<br />4. Cberpr, , l Aatts. Borrower shah pay all taxes. ssn"Ments. charges. fines and impositions attributable to the
<br />propnty`whkh may attain priority over this Security Instrument. and leasehold payments or ground rents, if any. Borrower
<br />shaA pay these oboptioos in the manner provided in paragraph 2. or if not paid in that manner. Borrower shall pay them on
<br />time directly to the person owed payment. Borrower shall promptly furnish to Lender all notices of amounts to be paid under
<br />this paragraph. if Borrower makes these payments directly, 'Borrower shall promptly furnish to Lender receipts evidencing the
<br />corer sMB'promptly discharge any diem which has priority over this Security Instrument unless Borrower: (a) agrees
<br />in writing to the paymaa of the obligation secured by the Ilea in a manner acceptable to Linder; (b) contests in good faith
<br />the lien by, or defeoda'sgainst enforcement of the lien in. legal proceedings which in the Lender's opinion operate to Prevent
<br />the enforcement of the Hen of forkitum of any part of the Property; or (c) secures from the holder of the lien an agreement
<br />sdafaetorji to Leader subordinating the fiat to this Security taprnment. If Lender determines the any part of the Property is
<br />subject to a Men which may attain priority over this Security Instrument. Lender may give Borrower a notice identifying the
<br />glen. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice.
<br />S. Raamd b»anaee. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />agatartloes,by, Gee, hww& induded,withio the term "extended coverage" and any other hazards for which Lender requires
<br />tnsurasice. i°his insusraace shall be maintained in the amounts and for the periods that Lender requires. The ins-urance carrier
<br />providiag the laasraat* skald be chosen by Borrower subject to Lender's approval which shall not be unreasonably withheld.
<br />�,imtrraaoe p�olieies ill ratewais shag be acceptable to Lender and shall include a standard mortgtK chase. Lender
<br />stiff.'hava tier rijAt tohoid the polieiwand renewals. If Leader requires. Borrower shall prom ptly' give to Lender all receipts
<br />.;
<br />of, paid'priwiasas ood; aft-i nodmAn the event of loss, Borrower shelf give prompt notice: to the insurance carrier and
<br />LSMWa Lerdtar may make-proof of bee, +if not nude promptly by Borrower.
<br />I $ r Usdess ".I:tader sad .11lart'owef otlterwiee1*119 in writing, imuruaa pr000eds shalt be applied to restoration or repair of
<br />the � fPropWy di asapsd, if the' restoration or repair is eoorsomia@y feasible and L eader'a security is not lessened. If [Ire
<br />rnomitioa or =reprir u not, economically feasibk or Lender's seem" wotiia be lesemed; the insurance- preow sha0'be
<br />appiiad to the som 'Was ed by this Security Lnatrwaeat. wbdker. or not then due, with` say excess paid to `Borrower. if
<br />� Bonowar °absaadoru the PtanPearty, or does not-etsswer wktdn" 0 days a notice from Lender that the iasuutance carrier he
<br />otlield`to;nettle -a claim, the ;Lender may cAkd the iasuream proceeds. Lender may use the proceeds to repair or restore
<br />the lrea ht t>t oreo ply sums,awored W this Security Instrument. whether or not then dux. The 30-day period` trill begin when
<br />sortie, s t� a. ,
<br />i.
<br />tlaias' %ender
<br />and Borcower'okbeMse agree in writing. any application of proceeds to pritxipai shall �t extend or
<br />posl)e0ee tt,'daiee of the awathif pa'sdirired ro a Dom' I and 2 or change the amount of the payments. If
<br />under parti ipM 1>t,.dse Propwy is "IM,so Uby Leader, Betroww's right to any insurance policies and proceeds resulting
<br />ftoee ',I, to the Property prior to the acquisition shag pass to Lender to the extent of the scans secured by this Security
<br />lnsttament'uamadia�lr prior to the aoq►dsitioea.'
<br />f: lenervalllar,
<br />"d,1- P "mij; lAmeb". Borrower shall not destroy, damage or substantially change
<br />tiro 1'sWpesty, °allow the'?r'opstty uh deteriorate or commit waste. if this Security Instrument is on a leasehold. Borrower shall
<br />Co ayilp width tYa prohfisivarJ.of the tmma 'asa if Harrower aoqu Res tee title to the Property. the leasehold and fee title sha8 not
<br />WARM," nsaiMa ttede[ °:a/eea ao the, m writiat.
<br />ilaletraa•.eig °ygrwa, t,lr%MS lr tbs.1 atiar1" lauataaee. Lf Borrower fails to pMorm he co+iduints and ';
<br />a�ee,taat a coa4iasd' 3a lids San t ttrtraraent. nee tine it a legal proceeding that may significantly affect Letbu'a'do" in
<br />aiee> rejig t'hrtdi,.:avoonsWag fa bMivaptcy, probase, forcaodemiaarioa or to enforce laws or tPlations), then Leeader
<br />taaay �:� gage for wbasa*rr, tt tnacaaearY to,prouct mho valise of the Property and Lender's tights is the Peoperay: Lermder 'c
<br />wdiamg snag hwlWde ppadiaig may ahem secured by a lien 'which. bas priority over this Security Instrument. appearing. is court.
<br />patybtp;seeenaakie agesaay's fan asn!'teissrisig tat the Property -to snake repon. Although Leader may take action tinder this
<br />parajaiit ? L.eader don not have to do so. Any amounts disbursed by Leader under this paragraph 7 shall become"
<br />ad&A" `JJ Mt of ,iia MM; :secured , by tads Security lrutnMMI. Lrnkss Barzower sad Lender agree to ochre uer a of
<br />,`. ya►tri,llt,� tt,sae asaotstes sia0 hart ihaterem ftehtua the date of 3isbursetxut au the Noe rte and shall be fisYabk, with inherent,
<br />upon notice ham Leader to itorrowet -vegw stint mment. ,
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