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W. 100170
<br />UNIFORM COVINA,r^ TS Rorrnwet Anti l,endct tovctioun and ague its 3-d —t's.
<br />1. Payment of Principal and Interest; Prepay mem: and Late C harges. Borr-wet shall Farron, tilt IV I>sy when due tilt-
<br />prihctpal ill and interest on the clef evidenced byFha Note and any F ?repaytraerat and late charges ride tint][ r the N,ite
<br />4. Fund far Fates and Insurance. Sublev To appiu:abie I A w or r a "11111 elf waiver by Ixndet, No hewer sftall pay td,
<br />1,enjef ort the[ day monthly payment,, tiro due under the Note, until tilt- Alone is plaid in full, A sut9't ( Funds , cklnA; no
<br />tug- twelfrhof. w pearly taxes And assessments which mAy'atiain pe rriryowar the curity Fnstetur ttr� b� e' rl; 1xasfilrtald
<br />payments orgrciund rentson the Property, if amp; oil yearly hazard insurance prennurns: and (d) yearly mortgage tnsur,imc
<br />premiums, if any- These items are called "escrow items", lender may cstmuua the Funds duv on the basis of cut rem data and
<br />reasonable estimates of future escrow items;
<br />The Funds shall be held in An institution the deposits ter accounts of which are insured or guaranteed by a fca$a°rAi
<br />state agency (including ].ender if Lender is such an institution). Lender shah apply the Funds to pay thews row items lr rta9ar
<br />may not charge for holding and applying the Funds, analyzing the acom int or verifying theescrow items, unless Lender pays
<br />Borrower interest on the Funds and applicable law permits IA Cider m make such it charge. Borrower And Lender may ztgree in
<br />writing that interest shall be paid on the Funds. Unless an ;agreement is made or applicable law requires interest to Ix p4rd,
<br />[enter shall nor b €: required to pay Borrower any interest or earnings on tfse Funds Lender shall give to K)rrowe=r, wrhs,tst
<br />charge, an annual accounting of the Funds showing credits and debits to the #=ands and the purp,tse for which each dc-bu To Oic
<br />Funds was made- The Funds are pledged as additionsi security for the sums secured by this ScLuray Instrument,
<br />If the amount of the Funds held by Lender, together with the future monthly payments of Funds payable prior to slit,
<br />slue dates of the escrow items, shall exceed the amount required to pay the escrow items when due, the excess shall be, ar
<br />Borrower's option. either promptly repaid to Borrower to credired to Borrower on monthly payments of Funds. If the
<br />amuurat of rile Funds held by Lander is not sufficient ua pay the escrow nerns when due, Borrower shall pay ao Lender any
<br />amount necessary To make up the deficicney in one or more payments is required by Lender.
<br />Upon payment in full of all sums secured by this Security Insrrument, Lender shall pit,mprly refund to Borrower <any
<br />Funds held by Lender. If under paragraph 19 the property is sold or acquired by Lender, Lender shall apply, no later than
<br />immediately prior to the sale of the property or its acquisition by Lender,.any Funds held by Lender at the tine of application
<br />as A credit against the sums secured by this ,security Instrument.
<br />3. Application of Payments. 1'nless applicable law pro%ides othterwise, all payments received by Lender under
<br />paragraphs I and ? shall be applied first, tit late charges due under rile Note: Second, 11) prepayrnert charges due under the
<br />Nore; third, to amounts payable under paragraph :.t fourth. nt imerest d-: a1,t3 last, nt printipal due-
<br />l. Charges; Liens. li,,rro, tr shall pay ,ill tuxes, assessments. diarges, fine; and impositt.tns aur,butabie to the
<br />Prupert5' which mac attain priority uvcr rhisSecurry I fist rument,<irtd leasehold payments _tr grist ;d rents, if any. Borrower
<br />shall pay theseobhgArnxts in the manner provided in paragraph =.or if not paid in Char manner, Borrower shall pay then[ on
<br />rimadireetly u, the person owed F�ayn�cnt Borrower shall pnnraptiy furnish ro Lender alt r,uticeS of arnoutus rube paid under
<br />this paragraph. If Borrower makes thii-se Pay Merit I directly_ Rurrr1wer shall pntmptlr furnish to ;_t nder receipts evidencing
<br />i lie payments.
<br />Borrower shall prompriy discharge any lien which has priorttc „veto this �ratnh Instrument unless Borrower. tai
<br />Agrees in writing to the p iymerit of the A- lityaritxt secured by the lien in a manner acceptah!c nt Lender tb; cornesrs ingt'�od
<br />faith the het by, or d0crids against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to
<br />Prevent rile enforcement of the lien or forfeiture of amp part of the Prop, rrv; or ic) secures trorn the holder of the lien an
<br />agreement satisfactory to Lender subordinatIug the lien to this Security lnstrumens. if Lender determines that any part of the
<br />property is subject to a lien which may Artain priority aver this Seturny lnstrumens, Lender ;nay Faire Borrower a notice
<br />identifying the lien. Borrower shall satisfy the lien or take one aor more of the actions set forth above within 10 days of the
<br />giving of nerve.
<br />S. Lazard Insurance. Borrower shall keep the improvements now existing or hereafter eiccred on the Proper`
<br />insured against loss by fire, hazards included within the term extended ctrverage' and any other hazards fur w hich lender
<br />requires insurance. `This insurance shall be maintained in the umoums and for rile periods that Lender requires_ The
<br />insurance carrier providing the insurance shall be chosen by Borrower subject to Lender s approval which shall rnn he
<br />unreasonably withheld.
<br />All insurance policies and rerrewais slsall he acceptiable to Lender atnd shall include a Sta.adani rrutrtg ige clause. Lender
<br />shall have the right to hold the policies and renewals. If Lender requires, Burrow ur O all ptor ap.ly give tt Lender all receipts
<br />of paid premiums and renewal notices- In the event ul irss, Borrower shad; give prompt notice to the insura ncr carrier aartl
<br />Lender. Lcnder aaav snake pool{ of loss if not made promptly by Born_,wer.
<br />1'nlesc Lender and Borrower ,therw ise :,,t;rVt- in writing, insurance proceeds shall lie . pplied to) rc,n,r on tit repair
<br />of the Property damaged, it the restor.uion Ur repair :S e 0unaniw1ly icdsible.:nd 11-ndct s security s .,,.. ,served. It t11c
<br />restoration or repair is not eatnonucally feasibic ur Lender s ec,.ri'v woul.t arc lessenec .he insi. rt cr. ,''r: c rds sh:.tl he
<br />applied nt tilt s11ttl5 secured by this Secur'Ity lnsrrntncrtt, wr,crhrr or runt then { ;e, will: any e_xccss p—i r ,q,,r >ow :et if
<br />liwr<,wcr abandons tfre Prof, x-t.�, „r doe, nor answer wnhin >0 days no Ice ttunt Lender that t o i ilium: ,c gar -icr I,a,
<br />offered tosettic a lain . then Le [der Wray t,1ttctt the irtsueutct p,.ic�rds. ! ender n.a} use thrpnttec:,. to �epnir„r resod; lido
<br />Prt Fxrty <ro t., I'av sums sa•i urc.f l t tilts ci if it y lnsit urnent. %t herhentr not then slur The �t1 -rite pt, txi will hc� r when tlu
<br />ik.aF lC#` is F;ItCn.
<br />L'niess fender .ant# Butr„wer,'rhrrtvi , c agree in writing, any application o4 pr,uct r_ n homer, shall I!- root
<br />Fx vet Lime tilt dot daft: _ >f t13e mt dilly p"I'nients referred to in i'mat,rat,hs ;trill . :.rr c' : :r. t the :_.f tilt pata :v : -nr.. if
<br />iu;c4cr paragraph 19 the Ptt,per g ,., atyutred by Lu;dcr, liormwei s r ght nt at -y rI,,....,tte p,d c°s in_, 1-ro�at t� es :. :!irat
<br />cm amt e to the I'r. :1 >rrt} 1 +r,, r ..� the :.ccuisitifin shah pass to Lender to the extent ..f the ,,din. a cv *rd hr this
<br />instrument itnnicdsarelti preen t', cite aquisinun
<br />6, Preservation and Maintenance of Property; Ixasehoids. Nor—et 11, dl •t�,r +t'tt._%, , �hstauli ;tit
<br />chan,ipc the Property. allt,w Tile I'r +tpertc x, detenutate r ,mr =.t t wain 11 Uu. ciuntr Insrr ent�i, .., leas . .
<br />Bvrreswcr shall �..Pmpl ;' with the L ;oviswt,s sd the it"se. grid if limonite a:yutrr s it:, tI'ie to the 1'rn1 en }- tltc a,c.'i ,...toll
<br />ice title slot]! nc,t merge urtla>, Len :.ler lag -cos the ilmgct in wrs(utg
<br />Protuttinurt of Lender's Rights in trite Pri)F rty; Morigagc Insurance 11 ft •.,,,. t+ ..,: tor! =iris : r, *•�e+ .,..�
<br />, ±;td aa;zrrrt,rnts. ctorttAmed in tilt, `ierurity 'hete t•: a I :. -tl j t..•tt. -t - ,t.;.: tilt ,�rnr4i.ttalr ft-_t tan .c; •
<br />r €g;.sa Ill Tilt, 0,.nikttpt,a.pa,�l.a.e
<br />i,a -rt lee tnaq J" ,. t.'l F.a: cur whale oar ra t v <ecsmtI I ' 1 -r rn -:.t .` i `.a;ue 't 0. :e 1'; [', i �r_ a lid t., t. ;ic+ t.,�t
<br />1.rF'drT watt..t;wttasyn fit luilcp: atilt any 1.t,.1 ,tit. udI,r tart !'If 11 .,l t1— t,..1,,, l=,
<br />. Uff paying �i�IW�.,nt3t .E. !t!�Y'`. 3:'i`, tct,' and 2 i t1" iii. i.,a Y "i!p t. ..4,I F :t �1. a'..I1 I _ _nom .•.1
<br />_ao fe t
<br />?.ray ,.rn , rail buI a€a't h= ( titr ,
<br />�..,
<br />a fixr.,n n..�._ au ti,•atu ,_,. , ,. K ,..i ..
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