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85--.008530
<br />LeTidcr pad,, Borrower interest or, itic' F mjs and applicable law permits Lender 10 rn.Kie such a charge. Borrower and
<br />Lender TIMN agree in writing that !creSt shajli tae paid (,in the Funds. Unless an agrverrient is made or applicable law
<br />requires Interest To be paid, Lender shall not tie required to pay Borrower any interest
<br />shall give to Borrower. without charge, an annual accounting of the Funds showing r earnings on the Funds. Lender
<br />Owing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds was made. The Funds arc 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 monthly Payments of Funds payable prior to
<br />the due dates of the escrow items, shall exceed the amount required to nay the escrow items when due, the excess shall be,
<br />at BMOWer`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 ilemis when due, Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in one or more payments a� required by Lender.
<br />Upon payment in full of all sums secured by this Security Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Lender. If under paragraph 19 the Property is sold i"! wired by Lender, Lender shall apply, no later
<br />than immediately prior to the sale of the Property or its acquisition by LV"Id'e-. any - Funds held by Lender at the time of
<br />secured by this Security Instrument.
<br />�
<br />application as credit against the sums I
<br />3. Application of payments. Unless applicable law provides otherwise, all payments received by Lender under
<br />paragraphs 1 and 21 shall be applied: first, to late charges due under the Note: second, to prepayment charge's due under the
<br />Note. third. it) 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, fines and impositions attributable to the
<br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any.
<br />Borrower shall pas- These. .obligations in the manner provided in paragraph 2, Or If not paid in that manner. Borrower shall
<br />pay them on nine directlo, to th6 person owed payment. Borrower SnL`l lnr(,,mptiv furnish to Lender all notices of amounts
<br />Io he paid under this paragraph. If Borrower makes these payments Oirectl,. Borrower shall promptly furnish to Lender
<br />receipts he payments.
<br />Borrower shall promptly discharge any lien which has priority over This Sccuniv Instrument unless Borrower: (a)
<br />agrees in writing I(-, the payment of the obligation secured by the lien in a manriu,- acceptable to Lender, (b) contests in good
<br />faith the lien by. or defends against enforcement of the lien- in, legal proceeLl-mzs which in the Lender's opinion operate to
<br />prevent the enforcement of the lien or forfeiture of any part of the Properlv; or (c) secures from the holder of the lien an
<br />&agreement sarisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines
<br />Property is suble' Ines that any part of
<br />cl to a lien which may attain priority over this Security Instrument, Lender m3v give Borrower a
<br />notice identifying the den. Borrower shall satisfy the lien or take one or more the actions set forth above I
<br />of the giving of nonce. bove w thin 10 days
<br />11% Hazard Insurance. Borrower shall keep the improvements n, A
<br />existing or hereafter erected on the Property MsUre nine. ha73rds
<br />ieryLtites included within the term "extended and any other hazards for which Lender
<br />insurance Thl� ilisurance snail be maintained in the amount. and I.
<br />MSUTank�tf lar'!Cf t`r the reriods that Lender requires. The
<br />irl" the nsurance shall be chosen by Bo-rowe-�'ti 1b (e( , iii
<br />I-e Jer's
<br />unreasonat-11v v�,ithhCd. nd _� approval 'which shall not be
<br />'Ali
<br />1 insurance poilcies and renewals shall] be acceptable !o Lcnoier 11d shall include a t-,iari-lard rnnriza2e clause.
<br />Lentler shall have the right
<br />In hold the Policies and renewals. If Lender requires. Borrower ,hail pr;
<br />-,mrilN give I
<br />all] receipts of paid Premiums and renewal notices to Lender
<br />In the event of loss, Borro%ker shall gje prompt notice to the insurance
<br />-,.:arrier and 1-crider. Lender may make pr('Of of loss ;f not made promptly hN, &)rroA.-r.
<br />Lender and Barr 'ower otherwise aol-ee in wr?,!-
<br />i1g. ),_lsu%, a;
<br />of the Propert-, jamaged, if [tie resto,-lration or tpair 15, economicaliN, feaslt-le 11.
<br />j Lendvr s ,ecurj s is .. iesseried. If the
<br />-it-iceecis Shall he
<br />'JJM ccUr d hlL 'his "Lit.
<br />-h."- 'o B,)rrower. If
<br />. ,
<br />j i the insurance -
<br />oarner has Offercd to eMc a C13M. 'hrn I.Crd-ima, )Ilelt "he insurance rlrivceeds,
<br />LenijeY use
<br />wt pn*cee 10 '!Tair or restore
<br />cis
<br />pa,� �drns ,ecurcd Se'l-urit" ln�Trurrerll. 1,
<br />_'(-day rrerwd will bej!jij
<br />Unless 1, er(jer af,
<br />agree in %4n I: fig, iny a pp; Ica i I or
<br />01311 not extend or
<br />Postpone i,- thcrrinTilhi 7"!�L
<br />refer _d Ti-, in paragraphs 7 illj
<br />under r)aragranh i Q t e (OC he j M(Ml the pas ments. If
<br />.(,PerTV �t, by Lender, HorroAer's right
<br />frorri damage �,i ljc I) 'cles and pro(:eeds resultifiz
<br />per?v Prior In, !tie accali,;flon ,hail pass to Lender its the
<br />InSr"Mrn! ImmedlatC,% PrIW tO thCaLqUIsition. secured lh� 'his Seicuni..
<br />6- Preser,,ation and Maintenance of Property; Leaseholds. Borrower ,,tai: not dc%Tro�. damage substantially
<br />_'. I deteriorate Or CO it W C (-)r SL
<br />rile PrOP`"Y to) mm waste. if his Security Ifisi,'
<br />;Ument is On a d.
<br />'Aith Zile iswr',s ,flhe icase, and if Borrower acciuji-cs leasehold.
<br />fee 1111C "hJll M11 MC-72 . e unless cc 'ltic the PToDefTN , 'he leasehold and
<br />it ,S I ender agrees i() the merger in writing.
<br />'7 ' Protection of Lender's Rights in the Property, Mortgage Insurmale c. 134'rIC-er falls to perform the
<br />�7,ovcnams and agrtTments contained in this Security Instrument, or there is a 1
<br />l prcvceeding that flla� s:Rmficantly affect
<br />Lv-ridrr'% rivhts in the Property [such as a proceeding in bankruptcy, probare, f,,r condemrij!;o*j kf.' !�) enforce laws �,r
<br />reguiations). "hen Lender nm�, do and PJV 1017 Whd(C%CT 1ti
<br />11c)ns mav include pay
<br />in I he flrojorrrr� Lender,� act ncLcssar3r 10 PTOIc,:! itle ~slue �4 the Pi',-); Tr\ Lender's ri &his
<br />Instrumer - paying atIV sums secured h,� alien AnkL,1 has o*vcl his sccur-l�
<br />In L:�`iurl. Pravmg reasonable atiorne'ys' 4'
<br />Jet'% end emering cri itjt- pl��Tiv,,,� :,j j, ra
<br />P � � i �� �
<br />Lender
<br />.brim J"";LlTtT�, dlshur�,cd b% Lender u'rider this paragraph - Shall tICLO1 111t: Iddm,.tlji JCrI,
<br />Wirr'-4erand Lender agree tee elrher [arena z>f Co c j7jjt}uj, a a irivre,�� !T'"'11
<br />,he date f d1%T-,(irscrnent at the Note rate arid shall he pa�atflc, With mic'Tcsi�
<br />requt-sling paYrncjit Lender to
<br />If I nJer, required rnortgagr InsufAnce as a currdmon of making ire roan secured by this S�tufir: Im'Iruilivni.
<br />Klrro%cr a ll p me prerniurns required to ma�ntain the insu;jnLC in effect until such tirne as the
<br />InsurarKe C_1rTVl9kA ll,_% "' acts >rdatlit r with and Lenders Writteri agreement or applicable lla%
<br />8- l__rrWj;CT r s is O lit ma-- make reiiru3riahic ejjtrfe Upon and lnl.,JVLm�m� iA it"t P-i"peT ,
<br />P t' C, j i hc Mr r pri,4 ?T lllspcOjon 1 ewsonabic (Ij use 101 1 �
<br />9, 9,04C lic iW,�)eL T 4)
<br />Z' TP i L Ceti, �- i t AIIi A W A I d ear Ai I T1 fear d a M j gts, dares t err IrlW q U C T 11 A;, T1 c�_irirai N ri <sri ref]
<br />A,iomqg =4 aril f4r, f)t !hr 1'9,()prrt.6, , }r f"OT
<br />VO,44,71e,l JlW 'W,
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