|
UU3557
<br />Lenjer ma\ aj,_ a7r1!L_ahJC ;L11A T-le -,-r, !is L ender T,� make su,:b a _l,
<br />er IT, A�, arz_
<br />ne '11c17 "haii ne na e Funds- L'nless an
<br />requires Interest 10 he Paid, Lenoer �,hall nL 91- Id made o r a T) p, 1
<br />)E he- required to pay Bo_ Icabir
<br />rower la
<br />any interest j-,)r earnings
<br />Shall give to &)rrower, without charge, an annual accounting on the Funds. Lender
<br />ounting of the Funds showing credits and debits lo the Funds and e
<br />Purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br />this Security Instrument. MIMI Security for the sums secured bthy
<br />If the amount of the Funds held by Lender. together with the future monthly payments of Fu ya
<br />the due dates
<br />of the escrc)w items, shall exceed the amount rids payable prior to
<br />at Borrower's option, either required tO pay the escrow Items when due, the excess shall be,
<br />Promptly repaid 10 Borrower or credItW 10 Borrower on monthly payments of Funds. If The
<br />amount of the Funds held by Lender is not
<br />amount necessary to make u' StiCient to Pay the escrow terns when due, Borrower shall pay to Lender any
<br />r the deficiencv in one or more payments'l', 1 -
<br />Upon Payment in full of all sums ' i equired by Lender.
<br />Is Security In,,trLTTient_ Lender shall promptly refund to Borrower
<br />iacr, If under paragraph 1, 9 the Pr0PertY is sold "T acquired by Lender, Lender shall apply, no later
<br />any Funds held by Le secured by this
<br />than immediately prior to the sale of the pro
<br />TX-rty or its acquisItIOn 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. Apoication Of P2YInents. Unless applicabie law . provides othe-Nk.,
<br />Paragraphs I and 2shall he applied. first. tO late char Ise, all payments received by Lender under
<br />Note. third, to amountspavanic charges due under the Nore� second, to prepayment charges due under the
<br />4. Char . - andeT Paragraph 2; fourth, to interest due: and last. to principal due.
<br />ges, Liens. B�-)r-,riw-,-t-
<br />ProPe,rtv which ma% artain -ri(,' -shall pa, all taxes, assessments, charges, fines and impositions attributable to the
<br />shaft pay t'. __N - Borrower s, rl'�Y over this Security Instrume�nj, and leasehold payments or
<br />)t)ijL1a1f0M, in 'he manner provided in paragraph ground rents, ill anv.
<br />Pay them on Time directiv to 'Or IT not paid in that manner. Borrower shall
<br />�he nerson owed payment. Borrower sha-11 prom-flY furnish to Lender all notices of amounts
<br />paid under this paragrapn. I �' Borrower mak es these
<br />pav
<br />receipts evidencm-Z'nenavrrients. ments directly. Borrower shall,, PrOmpth furnish to Lender
<br />Borrower Sha!]
<br />priori ptl\, discharge any lien which has priorix er
<br />agrees in winnng,0. the _�javment is SeCUI 1! v It istrument unless Borrower: f3)
<br />_)hftgation secured �-)v
<br />ial,th [be lien by, or defends a I The lien in a manor �v- acceptable to Lender: ib 1 contests in good gainst mforcement of the lien I
<br />in. legs; proceecjinzs
<br />present the enforcement Of the lien or forfeiture of any part of - P-ncrlerry which in the Lender's opinion operate to
<br />I . : Or (c) sea °°s :Tom 'he holder of thit lien an
<br />ent sarist2c'Or% :o Lender sub,
<br />agreern ordinating the lien to, t
<br />'he Proper b1sSecul"N Instrument I Cler L-1—Lrm.ines, that any pa , f
<br />IV IS subiect, ! I f Len
<br />to a lien WhIL:h M3% attain pnor -1 rt 0
<br />'t"' Instrument, Lender may zive Borrower a
<br />notice idennfYmiz the Borrower Snail Sa, f
<br />of The ZIv!n lien or
<br />g Of notice, 'a-ke `n-, Or more Of the actions set for-th abc_)v_e within 10 days
<br />Hazard Insurance. Is Keer the imprcvernerits nc-,
<br />Insured against t, ba,i lS ;nE hereafter erected on the PropCrY
<br />ire. hazards in,:11.1ded within the Term emended Ipt ;n MherhaZarjs*4 -or wh
<br />reQuIres insurance This insuranCe shai' ich Lender
<br />I �)t Maintained in ?he amc,,Ljp.. In r insurance �,arrjer
<br />he r`erlods !!--a' �-ndcr Tequ!res. The
<br />idling ,he irlsu-�anct: S-all be cbi )sen
<br />unreasonabiv withheld. Lenders approval 'At ch shall not be
<br />All Insurance Poilcies aria: 7enewais shall t)e acceptable Lencle- ano snall a ,%,ndarci
<br />I have the right to hold The poi 110r.zage clause.
<br />Lender shall f I 1 1
<br />Icies and renewals In"ver 7t!Quillts,
<br />a"' receipts Cli paid premiums and renewal noticLs owc, shail Z:IVe !C1 Lender
<br />In the everl I IOSS, BornOWe7 :. all 9 F nrolmpl 19011ce I) the insurance
<br />.1 jt- 1,
<br />L3rrler and Lender Lender may make proof,.)f j()ss if not made promp,,ii,
<br />Unless Lender and Bion-ower Otherwise agree in w - n BorrOwer
<br />of the Proper,-% �Iarnaged, if The restoration ar re IrIng, insuraTf- r`r`)ceecl� s a 1 aT' le lc! tion or repair
<br />resToratior, or 1S n0i -,conomicalll, 14* pair Is ecOnornle easill c and I crider
<br />eas�bie or lessened if The
<br />I -- rider'-, %4j)uj�j *.,c: , 11
<br />ar,r) h I v T w - C�!.
<br />!led () 'he this Seourit heiber proCerds "h. all )e
<br />j
<br />B�,rrclwer ananooris he prc)perry� or (2")es noi an"'wer within 30 �a� jue, A_I� '� t!XccSs pa i d *,() Borrower, ji�,
<br />iffered c) i a n,
<br />Ll , �Nce !Tom ttla,, ?he risL:ranL�e L!arrer
<br />e a her-] Lender 7,rias the msurance proc"
<br />i lass
<br />?rCjTV_—,,,, ra" eed!; Lender TnL�;, u,,e !P,,- -)'t
<br />'�Utn�'� "t-CUrtdI 71� "n," t to repair "It restk-Iry
<br />,, SeCurjti, Ins: U ! n tpl. .knethc not jiue 7,11C
<br />')-da, rriod AIN twz!n 4hen " he not en,
<br />Unless Lender and Borr-)wer .,)t b vr'wlse agree, in wriitirI17. atv�
<br />) - I ot "hall not extend or
<br />Postpone Inc JurLlate -)fhe monthi,, Y aYrnerits refer-ed to in --paragrapt,
<br />under parag%jph ,4 Itle proper
<br />is :ant h.ankt "tie amoun, o 'he rid 'ITIents if
<br />is aLqUired Lender, Borr Aer's nght To aj� :rIsL.FallL�e
<br />from damage to the Proper-,y prior TO the acqu, sitIonshall noilcies and ri-,"L-ercis
<br />4. pricer to the acqujSjjI(,)n boy .its �eeunra
<br />Instrument immediate'% pr pass to Lender TO The extent of the surn,� se Prescrvatma and Maintenance of Property: Leawholds. BorrOwer shijil no,, je-
<br />change the Property ailo jamag
<br />-A :he Properzy to dcterjoraic -)r commit waste. if this Secu- e,)r 'uhslantia,
<br />,11% In-sirurnell, a �ea�_ho,
<br />Ro,yrrower shail z()m*pjv with "he A se I
<br />� erge unjess L es fee "Itir to the prorwv% , ,,be jeaschoid aric
<br />fee title shall no! M nsofthc lease, and if Borrouer acquires
<br />Crider agrees to the merger in %riting.
<br />7• ProtectJOR of Lender's Rigks in the Property, Mortgage Insurance. If Borro%er f' pe-
<br />f,orm 'tic
<br />Cc'vertants and agreements contained in instrument. of !here is a legal Proceeding
<br />Lender's rights in the proper tizil rna� significanfly atfec-
<br />_rTY (such as a proceeding in bankruptcy, probate,
<br />regulations), then Lender may jO and T)a% for whale%,C, fOT L'ondemnanon, j)T
<br />Is necessary
<br />in the Prope v L,,e%jcT , dc' ,Ary zlo protect the riforce iav%ls :)r
<br />1`1 1 %aiueof thc I-crider'S
<br />Instrumcni, ar' t"Ons macs include Paying any surns secured by alien Ahhn has
<br />Tcarine in court, Pa.%. irIP rcallonable artornev.s'
<br />Lencirru-ja% ,ake AL-t;�- ces, and entering 0711 th C P 7 P r1c 1-1 %
<br />"'T)de7 "n` rag-aPh LendCT doe's not have do
<br />An' arn�pUnTS d!SbUT.WCI by Lender under this par.
<br />h �had ")CLOTTIC JLJ�Jjiii )rja; �C6; h
<br />insn-urnen'! t nicss
<br />TOwer and Lender agree tc) )t CU
<br />her 'erm's -f
<br />hr date Of 31 'he Note rate and shall
<br />rer4ucst Ing pa y nnen i ' be POahlC, %lTh Upon rat iIorn
<br />If Lender reuuted mortgage insurance as a condition of rnak"ng "It Loan secured 6a ihi,, 1wcurj
<br />Pay *'he pretrijun!" requilred to main-"in the insurance in -ffCCI until
<br />such 'mic, w, The "equiremen., fOr
<br />Borr,,)WeT'S d I-cridc, S A'rl"Cn agrCCMCTI* OT jpp
<br />an
<br />Its dF.C111 may make reasonabie entrees Upon And inspcc'wns "'I !hC
<br />shall g.,vr B41r7-1)%ri, rl. .
<br />'r1SPeCtiOn '�PCVI!Vlng icasonahic o;jusrc ?"It. ln%pe:
<br />WkK,eeds ut An% ate and ov S :Jajrjj c
<br />aril) d4
<br />or aamage%, direvi Or :T1 COMICLAiirl
<br />'p" _ZhCl lAking ()fArIv pgi�rj q qr py(ol ri
<br />Assigned And i be ra "we in 71iru i)f
<br />P`P" N OiAH ,w ip,
<br />j Lif" �A
<br />`w
<br />iq, '!j, j
<br />P,
<br />Af
<br />_j
<br />
|