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Lender pays Borrower interest on the Funds and applicable law nee.... Lender to rttrrke suL[i�rVV Borrower �
<br />Lender may agree in writing that interest shall be paid on the Funds. Unless an agreement is made or applicable ia,,k
<br />requires interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender
<br />shall give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by
<br />this Security Instrument.
<br />If the amount of the Funds held by Lender, together with the future month) y payments of Funds payable prior to
<br />the due dates of the escrow items, shall exceed the amount required to pay the escrow items when due, the excess shall be.
<br />at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds. If the
<br />amount of the Funds held by Lender is not sufficient to pay the escrow items when due, Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in one or more payments as required by Lender.
<br />Upon payment in full of all sums secured by 'fits Security Instrument, Lender shall promptly refund to Borrower
<br />any Funds held by Lender. If under paragraph 19 the Property is sold or acquired by Lender, Lender shall apply, no later
<br />than immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by Lender at the time of
<br />application as a credit against the sums secured by this Security Instrument,
<br />3. Application of Payments. Unless applicable law provides otherwise, all payments received by Lender ur,cier
<br />paragraphs i and 2 shall be applied: first, to late charges due under the Note; second, to prepayment charges due under the
<br />Vote; third, to amounts payable under paragraph 2; fourth, to interest due; and last, to principal due.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, tines and impositions artribulable to the
<br />Properly which may attain priority over this Security Instrument, and leasehold payments or ground rents, if an v.
<br />Borrower shall pay these obligatmns m the manner provided ir. paragraph 2, or if not paid in that manner. Borrower shah
<br />Pay them on time directly to the person owed payment. Borrower shall prompth• ! urnish to Lender all notices of amounts
<br />re ci paid under this paragraph. If Borrower makes these payments directly, Borrower shall promptly furnish to Lender
<br />rec:e,prs evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower . (:I)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (hi contests in good
<br />faith the lien by, or defends against enforcement of the lien in, Icgai ;,mceedings which III the Lender s opunon operate to
<br />prevent the rnti rc ^.merit of the lien or forfeiture of any ,art of ? >; P; c
<br />agreement satisfactory to Lender subordinatine the lien to rills SeCLLr.Cy instrument. if J_ender determines that arty re' of
<br />c perry: or tc) secures iron) the hoider ,,f the ;ten an
<br />the Property ,s subject to a lien which may attain prority over this Security Instrument. Lender may give Borrower t
<br />notice tdennfy[ng the lien. Borrower shall satisfy the lien ur take one or ;;tore of the actions set forth abo.e within ! +. cs
<br />of the giving of notice.
<br />S. Hazard Insurance. Borrower shall keen the irnpr cements now cxi<tine or hereafter erected on the I'roperrc
<br />insured against loss by fire, hazards included `1111tn the term "extended co%erage "and arc other hazards tnr which i_erdrr
<br />requires uuuran::e. This insurance sitali he ntaintamed tit the amounts .:rid for the periods that bender
<br />nsurance ;artier pro• :,ding the 'r.•,urance shall I-e chc =cn by t3o,.,;x'er soh
<br />unreasonably vIthhrid. requires. The
<br />leer o Lender', anprotal .vh,ci; shall not be
<br />All Insurance policies and renewals vlt:ld'Ie acceptable r, Lender and shall incline a <.ta
<br />Lender shall have rile right to hold the policies :tad renewals if Lender requires. Borro +vet sh;;il pr tmpt!c ;,vc to Leader
<br />ndarci mortLagC viause
<br />a!1 ri e and of Lender premiums and renewal ponces. In the event of loss, Borrower shall g::e pn,mpt nonce to ti7e ,rsur; rcc
<br />earner and Lender. Lender may make proof cif loss if not made promptly he Borrower.
<br />Unless Lender and Borro_ wee otherwise agree in wnting, insurance proceeds shall be appli< ro re rr,rauc n .0 ; .•p:,,-
<br />of the Properh' damaged, If the restoration or repair Is economically feasible and Lender's security IN nri ies.cnrd. I; the
<br />restoration or repair is not economically feasible �r Lender's security would he iesse•ned. the insurance
<br />applied to the sums secured by this Security Instrument. whether or not then der
<br />t rc�er,!,, •,hall t +r
<br />Borrower ahandons the Property, or does not answer u e• wrt.t any excess ;
<br />offered [ settle a c!airrt, then Lender may collet, the insurance nrrcec,clsnotive from Lender
<br />list rile uisurar:cc :_trier !tit.
<br />?fie Property or to pay sums secured h this S Lender ;nay use the •,rc
<br />y Securtiv instrument. ,whether or not tlu•n cl „�, !ttcxrrds m rchair,,r rr;[c,rc
<br />when the to rs given. day rri„ 1
<br />p d :v,l hunt
<br />st ' Unless Lenderand Borr,•vverotherwiseagrce in writinL• .t t ant,'” t' I, , re'. i,
<br />Ie tit ne the due date of the rnon(hiv payments referred to lit pa: p.ral,hs ' ,f :` , , t, I i :ct •rd : +r
<br />t r' .t,.i:nr ,
<br />under pars r t )lt l c +the Proper ;' is acgtnrrd by Lender. Borrower t, r v r c nr i,
<br />from dam, ke to the Property prior to the ac uuiuon s ht oar ; r,st r r ar.
<br />instrument unined,atel., prior ! q hall p ss n, I rcter :tie ev :, i I e ai'in:
<br />, theacqulsition. ciusti,,,,r ;t•.
<br />6. Preservation and Slaintenance of Property; Leasehnids. ll„
<br />change the Property. allow the Property ro deterroratc ,r commit uavc•
<br />Ftorrow
<br />re'' l ail empty with the provisions of the Iea,c. and rf Borro«
<br />i ,tr' , t ci.r ::- •.ill.
<br />tie rvt e shall rt t merge unless I.,-'rider agrees to the merger ,n wntir g cr i,: ,,, r> tee r t
<br />�tt:c. r�[rrt is e_'tc,ld,tnd
<br />7. Protection of Lender's Rights in the Property; Mortgage Insurance. L Borr,.•.vrr,
<br />cover tits and ¢regiments contained it this Security Instrument. it here ,, r e ^ai
<br />pill,
<br />Lender's n i t _. , ;;, pc r n
<br />a rn the Property !such is a proceeding to hankruntc v, ! dm; l : rc.t
<br />11z,
<br />,r,c.rnu ,t1r..
<br />•epu anonsl ,11_71 I.crder may do seta pay :or w lire +t c i,."ni.er , n r
<br />,r hate +er is iecessary h ; re' 1 rue rc, I n„
<br />In the I .nicety Lendr: ,act tins rimy include ,ayin .Inv s c e ca nr Prrpetty Inc Lc_nd
<br />6nstntmcnr t t B um,, sec ,;r
<br />h'. a Ire , t t rlt It „s pr, r•t} ,,r .nn 4.,f r
<br />Fpctring in court pay ing reasonahle attorneys fees and ertcnnr, ,m the F I,erty ;u m;:kc r <pairs yi r;,e�ii
<br />I cr „lrr rr,.r, ,ake acL,!n under this pai agrtt+h '. I ender doe's nor have Io d., ,o
<br />”; a ter tits disbursed i,v Lender under this paragraph 7 shall bccnrnr additu,nal .lehr ,,t 13cxcrNCr .c� nr ,l h, ;:n
<br />ScLurlty iris r r eerie Unless Ronower and L.e•nder agree to „;her terms of pityn:.•r,r, 'hr•,r: +ern , ,t
<br />the .late tf lis ;se tent at the Vole rate and shall he. ,,
<br />rc ues[In , t a'+;it le. rth ar nucr•,r
<br />q gtav:rrnr a nttrc.r. �.: {� „n n„u':• Irrrn irn,7_r r,
<br />If !- lair gnrred mnr Rage Insurance :Is a cnndltion o
<br />I3orr wee ,r s” t mahtn4; rile I ion ,cruird by this Security inur unrai.
<br />• to nrcr-norlis required to nranv:un the nisi tnn,.c It, crf'ect until •,,i_it r.r,tc i, the relttrr^ntcnr For tt•.•_
<br />trs,.tranve ter ,re' ors in , reel roc• "'lilt Ro • ,,ver'v,rnd Lender's ,vnneu ayerec rner`i or al rocs +,ic ;;tw
<br />R. ln"I)ection I Andes or its aguit •nay make reasonable
<br />sh;t'1 a e I9, ',lb crimes ,E, n aril nsl c tu,m •I he f' -, hr:i•, Lcr i
<br />er ;:.tic e at the time ()(,)r prior r ,n rnprr bon ,per i!eing re'
<br />y ('Jo” rnnation i' r t u,ai
<br />lki pn,cer, 1 oW .,tic sward re' -,aim t��r d trrr lie lirn•,.t r �r +ryir nil ii tit ,our•: h: „ „ ,;,
<br />.u± n -'mot t tt a ;�r
<br />'r taking ;( Ally rill c•r the Property, r,r t r . unv< ar.0 in
<br />t,;apnrcla :1 ' ,het udt'l:n.Jcr
<br />In ni. tit 4,1 t r,! liking (rh c i� �r'1 tt rty, I
<br />lie,
<br />ie, with any re<t ., t•;ud r , )nrr„wc•r fn
<br />i turn,
<br />q n r k,•,g I' i r e
<br />11e vi i�ie:rht urn: < °urril!'� i ;_ iiu- ,-
<br />+• 1d -d, trio) rU. t�... ,, ,n 'u:,1,:• ill ,
<br />F
<br />tit i
<br />_.__.J
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