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<br /> TOCiETHER WiTH �II tho Improvwnmis now or hKiaftw �►sc1�d cx► th� propKty, and aM us�m�ntc �ppurt �cac. w�d
<br /> ' ' N,ct�u�a now or h�rMRM� Wtrt of th�prop�rty AM rplacwn�nts and ad�t�ens shat►aiao de cc�r�rai b�ths Security Inrtrum�nl --
<br /> i AN al Ihe la�►y�i�iy Is r�farr�d to in thtc Sacurity InsUUment��the 'P►opeAy" _
<br /> DORFi01M1'[R COYENANTS lhat Bortow�t b lawtudy seiied o1 th! hl�(f hMlby con��yed rntl h�p Ih� rqht to grart �nd z
<br /> ' corn�y the Property I�nd that thv Prop�riy ie unancun�or�l. excepl la oncu��branc�a of record Ba;rowx wurinls nnd wi� �,:
<br /> d�Hnd genK�iry lhe Gtla to lh�RopKty�gaMcl aM c�aMns and d�nvnds, wbJsci!a�ny�nGUmbr�n;.os ot r�cord �
<br /> i THIS SECURITY INS7AUMENT camDki�4 u�iHomi covxw�ts IPr n�4au! use and non ur�k,rm covrw►IS w�h 4iwtad ��
<br /> ; vuistlons by Juftsdictlor�to ca►aGtuta a un(tarm s�cwAy kistrument covrinp rea! property. ...
<br /> � UNIFOAM COVENANTS. Borrowor and Lender corananl�nd agrN as fc�owr E`
<br /> 1. PaymQn! of Pelnclpa! and !i►tarasl; Preptymot►! and �atv Charaaa. DaTOwa sh�s prompty pay wh�n �
<br /> ,� W�lh@ GTt111CIpAI Ol WIO 11116fYii O+1 ine ciabi avldaftCY3 by iiH�ioio and w�y V�MLwY�i�w�i��u 4io G:iiy2i UHY UnwC:lh:. P:OS�. �.
<br /> 2. Fund� tor Tax�• ru�d Inaurautica. SubJoct to�pliubl9 law or SO�writt0n waNv by l�M1ds'�. BOrtowor sh1lY pay
<br /> � to Londer w� lh�day ma�lhly paYnwnts ara dua undx tfio Nota. untit th� Noto is paid in fuY, •sur.i ('Fusids') �� (a) y��Y
<br /> taxes and �ssessm�nis whkh rru�y �tUtGi prlority ovw this Security Instrummt u a liwi on th� Propert�; (h) yearty {aau�c�ld
<br /> p�yments w ground rants on the Proporty. H any: (c)yoary hatard or property(nsurance premM+��.s. (cil yw+ty fbod Insurance
<br /> � premiums,il any; (e)y�arty morty�ye insuranae premlums. M uiy: and(11 Rny wma payaDb by Bortaww la Lender in accordance I
<br /> with tha provisbns o1 par�graph 6, In lieu of the paymant of mortqaye insun►nca premiums. These dans ue caUed 'Esuow
<br /> - Itwns. lendar may, at rsny 1Lns. coltact and hold Fundi fn an�mount nat to excoed lhe moxirns:`i amount a lender tw a _�
<br /> � federaly retatod ma+tgatye loan may raquira tor 6ortow¢�'s escrow �ccouM under the tederal Raal Esiata Serilement Procedures °
<br /> Act o1 1974�s amendad from t4ne to time, 12 U.S.C.g 2601 et seq. ('RESPA'), untess a�ather 4v� lhat appGes to the Funds
<br /> sets a lessar �mount. If so, Lender rr�y, at anY Ume, colled and hold Funds 9n�n amount�at to axc»d the tesser amount �.
<br /> � Lender may �sWnats tho amount o}Funds dui on the basts of curtenl data 4nd reason�b:e+estyi�ies ot expendituras ot Suture E�
<br /> � Escrow items or othen►tsa in accord�nce with appGcabte �aw. r
<br /> Th�Fu�ds shaY ba hald in an institution whose deposita are insured hy a tedxxl agency, instn�r�ntality,or entity(includ+n9 r�-
<br /> 7 Lender, if Lender Is such an InsUtuUon)or in any Federsl HamQ lwn Bank. Lender sha17 oppy thi Funds to pay Ihe Esuow �'
<br /> � Ilems. Lendor may nat charye Borrower for holdiny�nd appying the Fur,d�,anrxwRy analyalnp the escxow account, or verity(ny [_
<br /> the Escrow Items, untess Lender pays Bortower Interest on the Fu�ds and applicab�e I�w pmniis Lender to make such a �,
<br /> � ch�rge. However, Lander may �equka Borrowar to pay a onatimo ch�rfl4 TcK an G�dependent rc�{ ostate tvc reporting service !_`
<br /> �� used by Lender (n con�ection with this loan, unless appGcsble I�w provic'es otherwise- Ur.tass an agreement Is made w `_'_
<br /> � 4pplicaWa law requkes htes�t to be pald. Lender sfwll not be requlred to pay Borav:�r eny intorest or eam(ngs on the Funds. ��_
<br />'°# 6�rrower and Lenda rnay �-ee tn writin9. howev�r, tFwt Nterest shall be pald oiz tfx Funds. Lender shsl! give to Bortower, -
<br /> wilhout charge, an ar.nual accounting ot ttw Funds. showi��aedita ar►�d�3s to the��nds and the purpose fc:v.hiah �ach �
<br /> � dabit to the Fi:nds was made. The Fu�ds��¢F{edged as adda:ar+�i se�:.'d�; to�.:,t s::."�s secured by the SecuRty fnsfi:ment. _
<br /> '�' M the F�nds held by Lender excee�3:'�e�.^+oi+nts pe+m�tta� Lo Ge !wi«:by ay��ble law, Lender shaU accour►t to Borrowtr
<br /> 4ar G'�e w�ess Funds fn accordance wRh thQ►eG�:wwncrsts ot a�p:ics°��z L-w.If the unount of the Funds hotd by tender at any
<br /> � tme is net su!ficlenl to pay thQ Escrow Rems wh��:e. Londer may ss nofdy Eorrower in writing, and,in such casx 8orrowa -
<br /> � shaH pay t� .e�der the amount necesuy 2c make up t,he defic:ancy 6aRO+Ka sha'fi niak�uP Uw d�fic:snsY in no moro ttwi
<br /> 1WiNe�»of1lhl��p8yR1611ts,it LCndY�'S SC:B drs�1011.
<br /> Upon pa}ment in tuU o1 all sums se�:..:�¢d by this Secuiity InsWmeni. Lmder shall prompUy refund to Bortower any Fuads =
<br />.� hekl by Lender. It, under paragraph 21.lender shall acquYe or sdl the Property, Lendw, prior to the acqulsition w sala of the �
<br /> Property, shaU apply any Funds held by Lender at the tirne of acquis�tion or sab as a cr�dit apahst tha sums s�curod by thls
<br /> .a �3�`Applicatlon of Paymints. Unloss applicable law provldea othenwlse, ali payments receM�d by LendK under
<br /> � plu�ynphs 1 and 2 shall be �ppAed: first, to any ptepaymait char9st dus under the Note;sscond,to�mounta payabk under
<br /> � parayraph 2:th4d,to Interest du�: fouRh,to pthcipal due; �nd tast,to�ny lat� charqes du�undw the Not�.
<br /> ,� 4. Char��s; U�nf. Borrow�r shaN pay a11 taxa, assasm�nt�, charqa, fin�s �nd iir�posidons attributabf� to tn�
<br /> � Propwty whlch rn�y attah prlority ovr thk S�curiry Instrumm� snd IKS�hoW paymu►b w 9round ronts.N any. Borrow�r�ha4
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<br /> � piy tna�Ob�ZI0r1� R) t�H !IIiflRR pTWIOiCJ fl T7i(i��ll L. W 11�lOt Pi10 If/ ttlr� /tWN�w. Oi7�5Crww ii�wn yiy �.wn vi� iini _
<br /> � dirkSy to th�puson ow�d paym�nt. BortowK 3ha1 prnmptly furt4sh to Und�r ap notiea o!anount� to be pald undu thts
<br /> puagnph. N Bortoww makes thase payme�ts dlncty. BarowK shaM prompty fumlah to Lender ncelpta widmck►p th�
<br /> � p�yrn�nts.
<br /> Borrow�r shall prompUy discharye �ny 6�n whkh has prlority ovx thls Secwity (ntWment untess Barrow�r: (a)agrNS In
<br /> - writiny W th� payrtMnt of tha obliq�Uon seaued by the Ilrn In a m�nnar acc�ptabit to Lends►; (b) contssts ln yood falth th�
<br /> = lien by, or dNends agal�+st entorcen�er►t of the lien In, legil pracadinye wF�lch in the Lend�r's opinlon opx�b to pra�t th�
<br /> entorcert►ent of the{kn; .x (c� secures trom the hotde� of the liu�an agrwment satistactory to Lender subordinatlny the Wn to
<br /> this Securiry Instrument.ff lereela detwmines that any part ot the Ruper!y!s subJ�t to a lien whkh may atialn priority ov�r thk
<br /> _ Sacurity(nstrument. Lender may give Borrowa a notice ickntityfr►y the Y�n.8orrovrar sh�W saUaty tl►e Hen or take one or mon ot
<br /> tha acUons sst forlh above withln 10 days o}the gYing ot notio�.
<br /> 5. Hazud or PrupYrty 111�uranCY. Barower shal keep the imprevemante now exlstin� w heredter erected on the
<br /> Properly insursd a�hst toss by fire. hazards hctuded within the tertn 'extend�d cove�9e' and any othar hazards. indud'ing
<br /> `� tbods or Aoodiny.tor wh{ch Lender�equkes inwr�nce Thk insurmce shal ba maintahed ln the amounis and for tha periods
<br /> - that Lendet roquires. The insurance cartier providing tAe insurana shaY be chosm by Borrower subject to Lender's approvd
<br /> whkh shall not be unnaronablyr w�he]d. 11 Bortower tils to maintain coveraqe described above. Lenda may, at Lender's
<br /> .� opUon, obtaln eovenge to protoct Le�'s dghts in the Property in accord�nce w�puagraph 7.
<br /> All insurance poGcies and renewais shaY be acceptabb to Lender and sFui induda o standsud mortpage clwse. Lender
<br /> sna�n.�o tn.riyt�t so naa che poYciss and ren�wals. !f Und�r rpuir�es, eoROwes st�u aonwty �ve co �enaar au rac.pu os
<br /> pakl prembms and renewa�notices. In the event o1 bu, Barower shall qiv�proa�4 aotice to Uu insunnce cartier and Lendu. --
<br /> Lendu may m�ke prooi oi bss H not made promptry by 8arower.
<br /> Unloss Eender and Botrower otherwlse agree in writiny,insur�nce proaeds shau be applied to restorsttion or tepair ot the
<br /> - Properry dynaged. H tha restoraUon or repair is economicaYy teasible and Lender's security Is not Sessened. M the restoraYon or
<br /> repak is noi econortilcaYy teasibla w Lender's security would be less�ned,the inaurance proceeds shaY be applied to the sums
<br />— aecured by thls Security Instrument. whdher or not then due, wilh any excess paid to Bo►tower. Ii Borrower �bandons the
<br /> Propaty, or does not onswer within 30 days� noUce from Lender that the hsumce cartier has oHaed to sestle a claim,then
<br /> Lender rruy coYect the insunna procreds. Lender rt►ay use the proce�ds to repair or ruton th� Property or to pay sums
<br /> csGUed by this Security Instruman�whether or not then due. The 30-day p�iod wiY beqin whan the notice is yNen.
<br /> ==-a Unkss Landar and Sorrowor othawise agrea in wrifiny. any applicalio� ot proceeds to prin;.lpa1 shaU noZ extend or
<br />= postpone tha dua dato of the montt►ty paymenis referred to in p�rcyraphs 1 and 2 or chanye tflo amount oT the payments. tt
<br /> undx paraynph 21 the Prop�rty is acquked by Lender. Barower's right to any insurance policles and proceeds rewl6ng from
<br /> d�r�age to the Property prior to the acqulsiNon shaY pass to Lender to tha aQent ot the wms by this Security Instrumant
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