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<br />Lender pays Borrower interest on the Funds and applicable law permits Lender to make ,U4h a ::barge. Borrower and
<br />Lender may agree in writing that interest %hail be paid on the Funds. Unless an agreement is made or applicable la w•
<br />requires interest to he 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 add liwna£ security for the sums secured by
<br />this$ecunty 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 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 a£1 sums secured by this Security Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Lender. If under paragraph 10 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. ei:y 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 iaw provides otherwise, all payments received by Lender under
<br />paragraphs 1 and Z shall be applied: first, to £ate charges due under the Note: second. to prepayment charges due under the
<br />Note; third, to amounts payable under paragraph 2: fiourth, to interest due. and last, to principal due.
<br />4. Charges; Liens. Borrower shill pay all taxes, assessmerrii. -harge.s. Title, and impositicns attributable to the
<br />Property which may attain Pnonty over this Secunty Instruine ^t. and ;easehw•£ti payments or ground rents, if any.
<br />Borrower shall pay the-Se w
<br />e obligations in the manner pr!drd ,n parai ral•ii_. , r root Paid !n that manner. Borrower shalt
<br />pay them on time directk to the person owed pay merit. Borrower shrii pr,,rri;,!!} 1urmsi1 to Lender ail notices of amounts
<br />to be paid under this paragraph. If Borrower maks their pa:merus dlre.tly. Borrower ,had promptly furnish to Lender
<br />receipts evidencing the payments
<br />Borrower shall promptly discharge any Iten which has rrior!ty ;nrr !t-j, Se; amen Instrument unless Borrower: tat
<br />agrees in writing to the payment of the obligation ;c tired by the ice 1 a manner ac: rpr ihle to tender; i hi contests in good
<br />faith the lien bv, or defends against enforcement of (tic iien .n. IeLa. nrocredings .vhrcn Ili ;hr Lender's opinion operate to
<br />prevent the enforcement of the lien or firrfe!ture of any part or the P-operry or 1 secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinaunp the teen t„ this Srcunn lr,•,trume!lt. If Lender determines that any part of
<br />the Property is subject to a lien which may attain pnix,r'; aver ,:••, Secura•. Instrument. Lender may give Borrower a
<br />notice identifying the .'ten Borrower ,hail ,a'iislN the lien or take one or more :,i the actic,rs ,rt horth above within £0 days
<br />of the giving of notice.
<br />S. Hazard Insurance. Bnrrowc- shat! t .hr 1 r : e c r w r• aft .ridi d on the Property
<br />Insured against loss by fire. hazardS MCIUdrd wlfhun he term cmcn&! _e. i._ -n 1 tin, "rho t,a, : :r. .,.?r which Lender
<br />requires insurance This u!sti an-e ;hi I r •nt•d ,nr, r
<br />retires. he
<br />insurance earner Providing the !n ura!,.c ,hail h. Ili— v L ,real! not he
<br />unrrasonatm withheld.
<br />AN inSllrarlCe pt ;llLir, anti tie v s!s u"tii ^r arani i Ir r. , oar a< mirage clause.
<br />Lender s-hali :tare ;tie '!vhl tie r,. ic! .ti •e
<br />e ; Luis nd :• nr.v 11' i. r Iu C.rr,drr
<br />al! receipts of Palo nr m.ums :in,! renew a; ,qi,:,, Ira 'hr nl i.. d. , a the to Le
<br />carrier and Lender Lender may •;take proof-,t ins, :r not doer
<br />r Q :
<br />l "nlrsa Lcnc.er and Bnr :, vcr xh� v'ISr ac ce n xr r r., in r ,I I -t I c ( n r r�u,m :_r
<br />repair
<br />Of the Yronenv damaerd if The rrstrranrst a It Palr c_ ,_al is " 1111 i_; T,._. , •.< 1 T , 1 r :waned. If the
<br />restoran,m r r_pair t t!i: normyaily ?easlht, r l_nte w. a �t :nNilrance r rocceds shall be
<br />applied ro the %urns ,eciired by this 'ieL rnrr. Instrar.ent..vil..n . r r .rase n .,,_. dun an. ---s ,aid n> Borrower. if
<br />Borrower abandons the Property, or doer tint answer within m— .i retiree rn r.: I ender t:,.i! the :n,urance earner has
<br />offered te, sr tie a c a:m. !hen I enucr m r% oi4.:t the n %1; , „ r r•, 1_:. -:.,• ar ,r. recd, r rei:ur .tr rest,. rr
<br />the Proper• r pa -. ,urns ,r'ri ed Vie: a ': .+
<br />tT a rrnct wll! h
<br />when thcnoiice•, ,vn •� . :
<br />Unless l encier and Bel N r .?r ^Y - Xl 1. t_ rt 'd r 1 r a l', hill] nor cmendi nr
<br />postpone the duedatr ;ii (item mth yrfavrnenli, f r :eci drip ,..•, i .,r,! _ h !. ,,,T! heparn :enrs ff
<br />under paragraph !a the Pr ;;Pmt Is awuned by Lender, i3 „rrrwer', right n.: ;n,ur xe p, ' ctr .,nq ^crrds resu +.roc
<br />from damage !o the Proper-% prof the acquistrlon •.r:a!; !•:rs, t. !. osier ,.. ,; ";tr .,,it,. , ,.soil in flits Srcur,r,
<br />iri%trument immediately poor To the acquistuon.
<br />6. Preservation and Maintenance of Property: Leaseholds. Boo r, ;wrr ,ha i ie,rr_:, . ,'airia,ge t:r whstarxtaL`,:
<br />change the Property, allow the Property ro ,jeterturate ar ;ummtt waste if ;2ns Secular. In,tr. :merit ,s in a !rasehofd.
<br />Borrower shall comply with the pr(wisions of the lease. and if Born',wrr . :cq:nr s fee !Tile !!, the Pr,)rer'y. the ieasehoId and
<br />fee rule shall nor merge unless Lender agrees to the merger in •,vrtilrlg
<br />%. Protection of Under's Rights in the Property; .Mortgage insurance. If B„rr-•.dcr ".1111 n. rer"ntrt !etc
<br />covenants and agreements contained In this Srcunly in.strunteni, ,)r !here is a legai ,n,Lceomv that rota, ,ion:fl-anil% afl'e t
<br />Lender's rights In the Property (such as a proceeding m hailkrupfdti. prnhate. tor :Ondernrlat —1 :'r !C, cnh,rc(- law,
<br />regulations), then Lender may do and pay for whafe,er n ti he , ::tic f i,e t” t c ..tit t
<br />in the Properiv. Lender's actions rnav include paying any %11:11, %e. :r.rrd by a ..c . w ;,tLn ha,
<br />Instrument. appearing of Lirun ,saying rrasonahie air rnr. f ^rs and enrennc •,n :hc• Pr
<br />l,,.r., ti,. au•; 1 Ihnun
<br />Lender may take acrl, >n cirtdc °r Phi ,, , paragraph ". Lender ,1,.r, • .r ,,;:,,. ! , •!.
<br />Any amounts rsbuised by Lender unalts this Para ! ipil
<br />ument t' nless11Oft,wrrandLenderigreeio other teh r un! ,h, r, rl.aTo.e r . It . .I' .d
<br />rt >,!n: SecurityInstr 1 ,
<br />the date of disbursement at the N,xe rate he tt vanie, w!i,:
<br />requesting payment !
<br />If Lender required mortgage insurance as a condition tit making ine :imil %m i by ni, 1;,- ! r ;, Ir,,tr , !ten:
<br />Borrower shall pay the premiums required to maintain the Insurance in etPecr unit£ us :, rot• .i ih, rrltnrrntrnt .r
<br />insurance terminates written In accordance with Borrower's and Lender % w aaterm :,
<br />ent it it I< tw '
<br />S, Inspection Lender or Its agent may make reisoriahle entries Ipt n ind m e n t hr Vr, •oerl-, t ,
<br />shall give Borrower notue:if "tie lime of- pnor lo an In %ixLtwn %pr`.li'vrrtd rr is nah!r n.0 :.:r Ir r ,n, Pe. tit n
<br />9, Condtmnation. ihr p,otercl, of.u:q sward or la«n f'nr farnages ;lire ;r..r onwqijelilim, :n , t.neir :,n .., !
<br />any cnndemnalion it urher iakinq ='it ariv part ti the Prorwrr%, „r :,xnelanc. r le:, :,. , :micnvr,ur:,n, ''i !,!"
<br />assigned and Ahitil t>e paid ft, L<•nd(Or
<br />In the even! :if ) tr t it iak'ing „l rhr P —re the r rr,i,
<br />''-
<br />trurtenr, .dr,athcr t I + .hr lie wltll ar , ••c r ,'u,S I, , r
<br />�rili ii B <,rr -Arnie.o l rode, ..(. •w•.,• •rte,-
<br />''toe eln(i,41 l ? c , !: u.
<br />,.r) „rr rhr'.rK a 1,,..,,, i ..,., I ... :,,, „�., ., ,,. I .. i•.i.,
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