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<br />84,-- 006193
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<br />Lender pays Borrower mterest on the Funds and applicable law permits Lender 10 make "uch J charge. Borrower all(1
<br />Lender may agree in writing that Inter~"St shall be paId on Ihe Funds. Unle>> 'HI a~reement IS rna(]< or apphcable law
<br />requires interest to be paid, Lender shaH nor be requ!fcd to pay Born)v..t"~r any intere~;t or earning~i on the Funds. Lt:nd~r
<br />sball give to Borrower, without charge, an annual accounllng of Ihe Funds showlOg credits and debits [0 Ihe Funds and the
<br />purpose for which each dehit to the Funds was made, The Funds arc pledged as addmonal secuflly for [he sums secured by
<br />this Seeurit)' Instrument,
<br />If the amount of the Funds held by Lender, IOgether wllh the future monthly payments of Fund" payable prior to
<br />the due dates of the escrow items, shall exceed the amount reqUired 10 pay [he escrow items when due. the excess shall be,
<br />at Borrower's option. either prompliy repaid to Borrower or .:redlted to Borrower on mOOlhiy paymenls of Funds, If the
<br />amount of the Funds held by Lender is not sufficient to pay the escrow itcrl1s when due. Borrower shall pay to Lender any
<br />amount necessary to make up the deficiency in one or more payments as requtred by Lender,
<br />Upon payment in full of all sums secured by this Secumy Instrument. Lender shall promptly refund to Borrower
<br />any Funds held by Lender, If under paragraph 19the Property is sold or acqwred'by Lender, Lender shall apply, no later
<br />than.immediately pnor 10 the sale of the Propeny or us acqulslllon by Lender, any Funds heid by Lender at the lime of
<br />application as a credit against the sums secured by this Security Instrument.
<br />3. Application of Payments" Unless apphc-,,:!bie law provid~s otnerw:se. aH payments received by Lender. under
<br />paragraphs I and 2 shall be applied: first. to late charges due under the NOle; :.econd. to prepayment charges due under the
<br />Note; third to amounts payable under paragraph 2; founh, to intere:il du~: and last. to principal due.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments. charges, lines and impositions aunbutable [0 the
<br />Property which may allain priority over this Secumy Instrumelll, and leasehold payments or ground rents, if any,
<br />Borrower shall pay Ihese obligations in the manner provided In p:iragraph 2. or if nOI paid in thaI manner, Borrower shall
<br />pay them on time directly to the person owed payment. Borrower ,hall promptly furnish to Lender all notices of amounts
<br />to tie paid under thiS paragraph, If Borrower makes these pa)mems direclly, Borrower shall promplly furlllsh to Lender
<br />receiptscvidencing lhe payments,
<br />Borrower shall promptly discharge any lien WillCh I"" ,,'_'COIf "ver IhlS S"C'JfIIY InSlrumeOl unkss Borrower: (a)
<br />agrees in writing to the payment of the obJig"iion secured he ie .,.:1 W " .,;,;loncr acceptable 10 Lender; (b) conleslsin good
<br />faith the lien by, or defends agamst enforcem~i1l of the I,e-., ''', iegal [)r<lceedmgs which III [he Lender's oplUlon operate to
<br />prevenlthe enforcement of the lien or forfeiture of .iny part of lhe l-'r'lperty; ()r (c) secures fmm the holder of Ihe lien an
<br />agreement sansfactory 10 Lender subordinating the hell to IlllS Sccurm Instrument. If Lender derermll1es [hal.any part of
<br />Ihe Propeny is subject to a lien which may attam pnority over 11m Secunty Instrument, Lender may glve Borrower a
<br />notice identifying Ihe lien, Borrower shall satisfy the lien or take one ur more of the acnons sel forth above within IOdays
<br />of the giving of notice. .
<br />5. Hazard Insurance. Borrower shall keep the llllpWVellle!l[S !lOW eXiSting or hereafter erected ,)(llhe'Property
<br />insured .ag~in$t loss by fire. hall!ds included withm the C;:fm "e:\kndcJ :":Gven~ge" J.nd any other hazards for which L~i1d~i
<br />requires insurance, This insurance shall be mamtamea In Ihe arnoulllS and for the periods Ihal Lender requires; The
<br />insurance carner provldmg [he Insurance shall be cno,en by 13,)rrower subject to Leuder's approval which shallaol. be
<br />unreasonably wllhhe1d,
<br />All insurance policies and renewals shall be accept;\bk to L"noer ~!1d shaH induoe a standard mortgagec!il""'"_
<br />Lender sh.1lJ have lhe right to hold the policies and reuewals_ If Leuder requires, Borrower shall promptly give to Lendel'
<br />all reccipls of paid premiums and renewal notices, In the event of loss, Borrower shall glve promptllotice to the insurance,:
<br />carrier and Lender, Lender may make proof of loss If not made promptly by Borrower,
<br />Unless Lender and Borrower otherwtse agree III wntlng, m,ur;mce proceeds shall be applied to reslOrationOl're~c<'
<br />of the Propcny damaged, if the restoration or repair IS economlc.illy feaSIble and Lender's secunty is notlesSencd.lrthe'-'
<br />lCStimltion or repaIr 15 not economically f=ble or Lender'> ,,,cunty would be lessened, the msuram:e proceeds shall be
<br />applied to the sums secured by this Security Instrument, whether or not then due, with any excesspllld toBorrowor,lf
<br />Borrower abandons rhe Property, or does not answcr Wllhlll 30 day, a ,wlice from Lender that the lnsuranceCllrrierhlls
<br />olfercd to ,;cUle a claIm. then Lender may collect !he insurance proceeds, Lender may use the proceeds torepairorT~t(lrll'
<br />Ibe PropellY or to pay sums secured by lhls Secumy instrum"ru, whcther or not then due, The JO-day period wiUbegin
<br />when the Lotlce is given.
<br />Unless lender and Borrower otherwlsc agree nl wnliug, .illY appltcallon of proceeds topnncipaishaU tiofe1l.U:nd(),
<br />postpone the due date of the monthly payments relerreJ i0 Hi paragraphs 1 and 2 or change.the amount of rheplIymepIs,If
<br />under paragraph 19 the Property IS acqulfed by Lender, Borrower', nght to any insurance policiesandproceedsri:siil~ng.
<br />from damage 10 Ihe Property pnor to IlIe aC'lulslllon "hall pass to Lender 10 the extent of Iile sums secured bylItiS&murity"
<br />InstIllment immediately prior to the acqUisition, . .
<br />6. Presenar.cn and Maiater.ance of Property; Le.a.seholds. &ffl)wc:r shaH nOi-dc~trQy"damagc'or-,^~ub.$t;mpa.ii-y.
<br />change thi: Property. allow the Pro~rtv to deteriorate t}fCOltlfu;t W::Pi.U:, If ~h!~ MC!.!!!ty !r..s!ru~~:~( i-s. G:;- ;,tJ~hQlit
<br />Borrower ihall comply with the prOVIsions of rhe lease. and If Borrower acquires fee ritle to the Property. the lease.hoidand
<br />fee title shall. not merge unless Lender agrees to lhe merger in writmg. -
<br />7. rroU!Choa of Lmder's Rights iothe Property; Mortg;l!:elltsurance. If Borrower. fails 10 perform tlle
<br />covenants and agreements contained in this Secumy Instrument. or there IS a legal proceeding that maysignrlicant~lIIf~~
<br />Lc:n<icr's rights in the Property (such as a proceedmg III bankruptcy. probate. for condemnatioo orlo.mfori:ela~.6r
<br />reaulationi). Ihen Lender may do and pay for whatever IS nt:Cessary to protecl the value of the Property and Lender'srignlS'
<br />.n the Properly. Lender's action. may indude paymg :my sums """ured by a lien which has pnorilY over'lhisSe\'l1l"ity
<br />Instrument, appeanng in court. paying reasonable allomeys' f.:es and entenng on the Property to make repairs, Although
<br />Lender llUly take action under thIS paragraph 7, Lender dO<."S nol have to do so.
<br />Any amounts disbu~ by Lender under this paragraph'" )hali ~.:...)nlr~ addlilonul debl v1' B()ffOWCr \~cured by thIS
<br />SCC'U"!}' lustrument. Unless Borrower and Lender agree- to Olher icfii1~ tJf ui!vfticIH. LhcS.(' iln1J:Junh ~ha'ii Oe2.r :nt~r;;."St fl0m
<br />tbe date of disburselJl<!f1l at the Note rate and shall be payable, "lIh 1I;I':r"SI, upon mltlce from Lender ro Borrower
<br />reqUCSIing paymcnt.
<br />If Lender required mortgage insurance as a condillon 01 llIa~lOg tne loan secured by thiS Security InSlI1.1ment,
<br />Borrower sban pay Ihe premiums required 10 mamtam the insurance to effect until such time as the reqUtrement for the
<br />~ terminats in accordance with Borr<)wer's and Lender's wriHen agreement or applicable law.
<br />I. ~ Lender or ItS agent may make reas<lnabl< "ntrie:< upon and inspectiorn> of the Property. Lender
<br />~... aorr~-~~ at thethr,e of Oi poor- in dB inspection :;r"t:""'CifY~fig r-easunabJe (.:~~ for the inspect!(Jn.
<br />9. eo.demution. The proceeds of any award or claim for damages, dm:ct or consequetlllal, in counecllon wJlIl
<br />any COIIdtllUllltlonor other iaJun.. or any pan of the Property, or lor conveyance in lieu ()f condemlUltioo, are ilerebv
<br />~alld shati be petd to Lender, .
<br />III thl!.evem or a loultAk1n, of thft Property, Ibe proceeds ,hall be applied 10 [he mms ",cured by lhl' SC<'UfllY
<br />lftltru_t. whtih<< or not then dUl:. with any e"ee,. pallJ to Harrower In lhe ~'e"l of 3 parllal 'aklllj) L,f the Prop<<flY,
<br />lltl-icM: Bo:'n~ ...in.d L~.ndc,r oth~rw~~ o'l~"\\"; iH wrHP';,'j,: ihe' '.UU1'.\ ".' l~" .~._.dlh""'.l h\
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