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U `IFfIRNA C'0% NAN i ti Borrower and Lender coyerima and agree a, tollow,: $5. 00219'-?,
<br />I. Payment of Principal and Interest; Prepayment and We ('barges. Borrower ,hall pr+,mpll\ pat e\ ilc!i tithe
<br />Me principal of and interest on the debt evidenced by the We and any prepayment and late charge% chic under the \;,te
<br />2. Funds for Taxes and Insurance. Suhiect to apphcahle law or to a written wait er by Lender. Born cr shall pay
<br />to Lender on £he day monthly payments are clue ►meter the 'slots, until the Note is paid in full. it suns ( "F untls ") equal it
<br />one-twelfth of ta) yearly taxes and assessments which may attain priority titer this Security Instrument: iii yearl\
<br />leaschold payments or ground rents on the Property, if alry; (c) yearly hazard Insurance premiums: and id)
<br />mortgage insurance premiums, if any. These items am called "escrow items." Lender may e,titlr. ►re the Funds due on the
<br />hasis ofcurreni data and reasonable estimates of future escrow items.
<br />The Funds %hall he held in an institution the deposits or accounts of which are insured or guaranteed by ;a federal oi-
<br />f state agency (including Lender if Lender is such an institution)• Lender shall apply the Funds to pay tlic escrow nem,
<br />Lender may not charge for holding and applying the Funds, analyzing the account or verifying tine escrow items, unless
<br />Fender pays Borrower interest on the Funds and applicable law permits Lender to slake such it charge. Borrower and
<br />Lender may, agree in writing that interest shall he paid on the Funds Unless an agreement is matte or applicable law
<br />requires interest to be paid. Linder shall not be required to pay Borrower an\ interest or earnings on the Funds. Lcntler
<br />shall give to Borrower, without charge. an annual accounting of the Funds %h;,auig credits and debit, to the Funds and the
<br />purpose for which each debit to the Funds was made. The Funds are pledged a, adtlttiond %ccurrty for the sum% secured by
<br />this Security instrument.
<br />if the amount of the Funds field hyr Lender. together with the future monihh p;ayn►ents of Funds payable pnor to
<br />the due date of the escrow iteitis. shall exceed the amount required to pay the escrow aver!►-, when due, the excess ,hall be,
<br />at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly payment, of fund,. if the
<br />amount of the Funds held by Lcntler i% not sutlicient to pay the onwmw ,recce% when clue. Boo ro%%vr shall pay to Lender arty
<br />amount necessary to makeup the defie iency" iii one air nume paVrnent, a% requirml by Lender.
<br />Upon payment in full of all sums sec fared by this Security Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Under. If under paragraph 19 the Property is mod w :acquwcd by Lender, Lender shall apply, no later
<br />than immediately prior ft) the sale of the Property or its acquisition by Lender. alt\ Funds held by Lender at the time of
<br />application as a credit against the %urns secured by this Security Instrument
<br />3. Application of Payments. Unless applicable law provides corherwa,c, all payniclas received by Lender unifier
<br />paragraphs l arid' shall he applied: first, to late charges due under the Nora. se :amid. *it, pmpaynlcnt charges duc tinder the
<br />Note, third. to amounts payable under paragraph 2; fourth, to interest due .such last, to principal duc
<br />4. Charges; Liens. lionnwer shall pay all taxes, as,c,smentv chat;.uc fines and imp-3no , attributable to the
<br />Property which may attain priority o %er this Security Instnlnient, and Fraschold payments or ,mound rents. if any.
<br />Florroower shall pray these obligations in the mariner provided in paragraph 2, or d nest pad ill that tnanncr. Horn,wcr shall
<br />pay them on time dirocit to the person owed pay went. Borrower ,hall promptly furnish !o Lender Al notices of amounts
<br />ro he paui under this paragraph. If Borrower makes these payments directly. Borrower shall promptly funuJi to Fender
<br />revcipt% evidencing the p,aymcrits.
<br />Wiraower ,hall pnimptly dr,charge any hen which has pnc:anty over this Security Instrument unhcs% Borrower: is)
<br />agrees in writing, to the payment of the cobligatfcon secured by rile: lien m a manner acceptable to Lender, (hl etrrltesr, m gtUXI
<br />faith the hest by. or de(rnds agamm enforcement of the hen in. legal pro,aredirly;s which in the I ender', opiniom operate tit
<br />prevent the clif;orccmem 4 the hen air forfeiture cif any part cot Me Prepeny or tc) secure, trout vile holder of the lien an
<br />agreement satisfactory to Lender Subordinating Itie hell to this Security I list rutnern If Lender detcrmure, that ar ►v part of
<br />the Property I% sued to a An which may :i£lain pnomy over ilia% Yrurity Itimniment. Lender wa; 4i %e Borrower a
<br />notice idcti£ifying the hen Borrower shall smml the hen or take one or more of dic: actions sit forth ahunt° within 10 days
<br />of To: i ry ing of robe e
<br />5. Herd insuraance. Borrower shall keep the irnprovemcins now exiling or hereattrr c1c,-ted on the Property
<br />insured against his% by air,, hazards included within the term "extended ccnerape- anti .any other ha<:ard% for which Lcntler
<br />requires insurance. This insurance %hall lie manaarned in the mmium, amt f;ar the pctiodN that !.ruder require, the
<br />insurance carrier pniyadirig the imurail:t ,hall lv chosen by Borrower %impact tO t.enle°r s a1111rot,t] wla►c!1 ,hall licit f1c
<br />unrt:asor ►abhv wrthtacld
<br />AN imuraae e° pt ?lacer, and rrnc% al% shall lie acceptable to Lcntler ,.anti shi.all m ludc a standard rmortgage clause.
<br />F.endcr shall have the right to hold the policies anti reriew;al,. It Lender requires, Borrower shall larornptly give to Fender
<br />all receipts of paid premium% and renewal maize,. N the a mil elf loss. Borrower shall give Isompi notice to the insurance
<br />carrier and Under Lender may make prcxof4has if'not shade promptly by Borrower
<br />d:`nits% Lender and Fk,rrtmer othe=rwise agree in wt'atang, insurances provved%shall he:apphc --d to resiciration or repair
<br />of the Property damaged. if the restoration (it, repair rs economically ft:a%ihle and i. ender', security is nor lessent'c.h. If the
<br />ra° orattron or repair is not e:onomrc;ahly feasible or Lendc:r'ti security would he lessened. the insurance prtkeeds %hall he
<br />applied to the sutras secured by tins Security Instrument, whether or not theta due, with ;arty excess paid to Borrower If
<br />Barro%%ct abandons the Property, or doles not ariswc:r within 0 flays a notice from Lenefer tacit the msrarance darner has
<br />ofl'ered to settle a claim. thin lxmkr rnav collect the insurance prakceds. Lender may t►,r the pr <rcrcds to repair or restore
<br />the Property or Ni pay warm srcurcai by this Security Instrument, whether or Wert then duee the iii•tL ►y period will bepal
<br />when the notice is given -
<br />Unicvs Lender and Borrower ndwrwme agree in wnnng. any applfcalranl of proceeds to I'll iilciilal shall nest ritend or
<br />pc,+ ,Ntpetnr the due elate of the monthly payment"Ohred to m paragraphs I and : err change the arm uni of the ri;m m% if
<br />under paragraph 11) the Properly a% acquired by i.endcr, Borrower's nghf to ,any insurance Ixilacies and prokcni, resulting
<br />from damage h) the: Property prior to the acquimlion shall pass to [.ender to the extent of the sum% %concth by this Smuraty
<br />Irrstrurrictil arlrncclialcly prior tta the acquisition
<br />g. Prewwrvation and Wintenance of Property; i,easehold%. Btarrower shill nor de°%troy, th:ani.age or %uhst:aitti;4ll\
<br />change the Pnijvrt% :alhrw the Ptollerty tai dcteritarate or commit wash If this tirttaraty lrlstranurut 11 , =ti .a lt;aWhtc,i,i.
<br />Wwnowcr shall cfonlply with the provisions of the least. Hind if Borrower a:ginres fee title io the Prtlperrv. the Icaw1wie? Lind
<br />for title: shall not merge inle,% Lender agrees to tine merger in wrrtung.
<br />7. Proolectia.an of Fender'% (tights in the Property; Nlortgage insurance. 1' Borro"cy t;aals t„ 1wilorm the°
<br />onrnaanisand agmemenitonrtarned in $hi%`!ae'curny Imnui retil, or there i%a legal Ino,cCdine thm ratan Qas;sittw amly .itfm?
<br />I- rowirr`, rights lit the Property (such as is preotmdnlg in hankrupice, probale., lilt 4ondenin,alttkn 't 10 t100ti i,iwe :`t
<br />regulattortsl. thin Iattlermay dcoindpay for whatever f %nvice°ssary ioprtrtccl tf ►e valucofthc I,tojwtly :uld Lt °ndt'i %tt�iats
<br />in the Pro ray I_t'n41C't'% sclatrris rnav to hoc paying ;any %1011% %e'CarrCd f)1 .► lit ll w tuc h has ptri it\ Ont, 1�t�c w of
<br />Iii'Sti'aItTlCrif, :apporlrinic m cow, paying rva%i mahic ; llmncys. 4T. and CnWrmg on the P"jivrr\ tt, aMAV "'pair, \5 1aa°li
<br />Under may lake moan under this 1mrntar aph 7. 1.e.°aiLle.r discs rats We ter d, %tt
<br />\lit aafrio nis ih%butNed hat I lnd,'i :indrr the I °ti age app - Ali all tit " =:ernE' adtf{t9 „it.al to ,rt W IIG,;`r. "Cj 6'ckast'tt tri this
<br />%eta city Irlsirumem I, aYk- 1k'?tratact =1 I.r;rialf,'a agrec w,"Wr ternS', iii 1mit niviir, ihcse', 01.t!! a'rt'.3t mfa lc r how
<br />the ,fair of tlixtrarstitia:iir .at 4h %ogle €rate, ;ind shall tom, t,.avat4ic', xttla �tveie�si, I,t ,,,r r { „?i „ `;i�rit f .i�e)it It tvc”
<br />"d"v ueltrtri pl'mrnnUnt
<br />UCLA
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