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<br /> 9'iie Fiauls �hall lx� I�elt� in a�� irstitutio,� �eiusse et�pnsits aa•e inr•a��cat by � fccte�af ager�cv, in,trumentality, ur entity
<br /> (ijccludi�ig l.e:�tder,if Lcixler is:ucl�ci�t icr,titutiuy�)ur io ii+�y k='cdc3��!iA��r�e I.��;in�lUil{{. L.CIl(ICY'�Itnll�:��ply�lir.l'��ncl�:lo p�y liie ,_
<br /> �israw[tems.I.�:rtt9�r may not cl�arga E�c�rrawer for hnidiitg i�+xl upFlyink thc Funds,annually i�nu{yzing ttco cscruw nccount,or
<br /> verifying.ihe 8scrow Itrms,unlehs l.er�ier pays&►rr�wer interest an the Funds and applicabl�law pe�mitR l.c�xlrr tn malca such
<br /> a cl�e►ge. liowevcr, LerKler mry rr,�uirG Fi�irmwar tn pey p u�x•tiitae chmrg�for an indcExnclem reul cstat�tax ra�mn+i�g�ervire
<br /> use:1 by Lend�r in connecd�iit with this lo�►n, unlesi applicuble law pmvldes otherwisG. UnleFti iS�l UgCtt01l:IlC IS I11AlIL OT
<br /> eppNc,�ble law requires interrxt to bc�id.L.�end=r Rhiifl ixit bc requiroci tu pay Horrower any intornst or eamings on tha�ar�1e.
<br /> 13��rmwer u�xl L�:�sdce:nay agn:a in wririnq, hnwcvcr, th�t intcrest shutl bo paid on thc Futxi�. i.r,ixler Fhail gfve to�ormwer,
<br /> wiihout chargo, an annuul uccaunting of�he i�uixls, nhawiug c+�xlity a�xl�IcGi�:; l�lhe Funcls ai�d th�put��r.:� For tvhich e�:^I� �_-
<br /> dehil to the�undt�was meda.The f�u�xlF are�todgaf�q�rldiUonAl socurity for ull sums secured by this Security instrument.
<br /> IA'ttk Funds hcld by Ixixlar cxceod the�nxwntti p�:nnittcd to bc hr,ld by ap{�licabfe law.la:ndcr sh�ll�ccount to 8umnwer
<br /> fe,e�Ise axcas�unds in oecorclartce wi�h thercywrcnxnts af spplic;abl�t►�w. lf►he amount oF the futxis held by L.erxter ut wny
<br /> timr,is not suFfici�nt to pay the r;r,�.cAw Ytems when dae,t�:ncter may�notify Borrower in wriiing,and,in such c�ce&►rrawer
<br /> shall pay to l.endcr tha anx�unt nece_sary ta nwke up Uta deticiency. Iiorrower shail makc up tho dcfic�ency in rxi mare than
<br /> twcivc monthiy pnyrtxnis,nt Lsnder's sc�la discrttion.
<br /> Upon payment fn fu0 of all sums securr.il by tlih+ 5ex:u�+ty lnstrunxnt, 4cnciar sh�ll prompAy nefu�d to�o�rowtr any
<br /> F��nd�heid by[a:►xier.if.under paragrnph 21.Ixncicr shull ucquire or sel)the Property. Lcn�ier.prior tu the acquisition ar salo
<br /> of Ih�:Pro�x:rty.shuil apply nny Punds hi:ld by l..cndcr at th��tim�of cicquisitlon ar salr,us n crcdit against thc sums secured by
<br /> this Secnrity Ii�trutttent.
<br /> 3.AppiiCAtiou ot I4�ymer►1�t.Unlr,ss eppliceblo Ipw prcwides ntfu:rwicc,yl!payrnGnta receivod by[,cnder under pxrsgraphi
<br /> 1 and 2 shal!be�lind:first. to eny prcp�►yment chsugas due ancler dx�Notc;soc�nd. ta utnounts payable under para�raQh,2:
<br /> thiM,to interest due;foucth.ta nrincipal duc;an;l l�st,to Any lue chargea duc urxler the Nota.
<br /> 4.ChKtxes:�Jet�r.Borrowcr stud!pay�ll t�xes,asscssmente,ch�ugcs, fincs s�nd impositions wttributable to the Prc�eny
<br /> which rtwy �ttatn pri�ority ovcr thls Savrity Instrument, and le�sehc�id ps►ymcncs or groumi ren�e+, ii'xiiy. �r.}w:::s�1f�Y -
<br /> tlxse obiigatIuns in tl�o mannor providod in piu3g�apli 2.or if not paid ip thei mumer,Sorruwer shwll pry them on tlmo d'inet.�tly
<br /> ta the persc,n uwod paym:��t.8ormwer shul[promptly furnieh to Lender bll notias of emounts tA 6e�aid und�r this pivagraph.
<br /> [f Rornower msiccs ttxse payments diraxly.Borrower shaii prom�rtly Eumish ta l.ender rraipts evider►�ing tix pay►nents.
<br /> Borrower shal!promptly discl�ga any lien which�itu Qrionty over thfs Securiry instrumrnt unless 13orrow•er:(a)y�roes in
<br /> writing to the payment of tlk obligation sccurec!by tha lir,n jn n manner acaptabla to l.t�xler.(b)contats in good faith tt►a tien
<br /> by, or Jtfs�ds agsrinst atiforcemcnt oP tAe Iicn �n, lcgal proceeclings which in the Ler�der's opinion operate to pKNrmt tho
<br /> enforcemrnt oF the lien:or(c)secun�s dn:m di�hoider of the lien un agnxment satisfactory to I.e�rr subordinating tho ticn ta
<br /> thia Sa�rity 6nstn�ment. If Ltndcr detarmines thAt aay pa�t of the Propercy is sabjoct to a liect M�h€r:#�may actiin priority over
<br /> this Se�,�urity Instrument,[,urier may give Aurrower a notioe Idcntifying ttx.liea.9ormwer sha�6 s3tisfy the lien or take onc or
<br /> rre�rc of the actio��s set fotth above withln lU days of the giving of rwttoe.
<br /> S. � or Pirop�'ty Ias�r�ncre. Borrower shali kecp +ho unproven��ka r+aw eaistic►�or he,�fter eroctod on tha
<br /> P�vpcny iffiva�a��xainst loss by fin.turr.�u�is included within tPie r.�:zm "extcndod covaragc" ur,i a�►y oth�r ha:ands. Includlug
<br /> �- _-_-�_
<br /> floods or flcioi9ir�g,for which L,ender c�equices insurancx.This in.�r�raqoe wiatl iDe nupr�tainod m r�c.�mounis aiw i�e u�c pun,w.
<br /> tbet I.raxler roquires.'i'he insuranoe carrior providing the insurscr.�e 51a:�ri��be choa^.n My 8c►rrovNrr subject to Le�der's�pprovd
<br /> w1h�.�h stwll not be unr�ason�bly withhald. If Borcowrr fails to maintgiu covorage rM1,.scribed above. I.ender muy, at I.ender's
<br /> o¢qinn,obtein ooier�ge to pnMax L.ender s rights in thc Prope�ty in ncoordaince witfi;�aragr�ph 7•
<br /> All insu�Qoiicies and ra�ewals shull bc acceptable to�.cnder and stWl include a s�u�dac+d mongage clwse. Lcadcr
<br /> shnll tu�ve t�:a�,�ht to hold the Folicies a��cncw�ls. If i�xicr rc�pires.Bori+nwer shalt prompt.��{gavo to lxixier al!rooeipts of
<br /> paid pre�niu�s�lnd rcoewal nodas.Le 4he�evcnt of loss,Borrower sha3,l give pmmpt►wcia to t€�c az�sµcu►oe ca�riar s►nd 1�der, '"
<br /> � Cenckr rr�y mu9ce proof of loss if rat m�iclw�uamptly by 8urrowcr. � �
<br /> �� Unless k�der and Borrower otherwlse agrce in writing,in.��ur�x:e prooeods shy;U be Hppliod ro restomtion or rc�ir of tho��`
<br /> Property dprrwge,d,if thc oestoration or rcpnir is eoonomically feasiblc and Lender's•security is not lesscnod.If the irstaation or
<br /> . • rc�air is nat ecnnomically feasible or l.C�er's socurity would be lessenal,tha insurnnce procceds shall be uppliod to the s+uns
<br /> sec��ed by this�ecurity Instrument,whether ar not then due, with any oxass puid to&�rrowor. If Borrower ab�ndo��thc
<br /> Prnpetty,or da�es not answer�vithin 30 rlaqs a noticc from I�ender 1hm.the inwranoo carrier tws offered to settk a cl�im,tir�a .
<br /> i,q�ler m►y oo�loct the insuranee proce�kls: L,ender m�y use tha pi+:�ceods ta�t�aiir or rcstorc the Fraptrty or to �y sa�s
<br /> �ceu�ed by this Security Iastrument,whether or not tl�en d�ee. 'It�o 3Q-day period w�3�'�begin wben thc nolice is givan. .
<br /> . '. Unkss Lsnder and Borrower otlrexwise agrco i�:�v:sitiryt. su�y applicxaion oY��ocoods to pri�xipal shalt not cxtcnd or �
<br /> ��io�tpo��c the due date of thc monttil.y �a3r�r:nts rcferhJ to in p u 1 aad ���or clw�e tdo amouM of tho peyrt�catK, If
<br /> unda�p�ra6t�afi 2i the Propeny is aa�rt�'�y Lender,�orrowsr's��cb t to any in9uranee policie9 and pcocoods resuldng tr•4�m;
<br /> d�m�ge to di�.i�rop�srty prior tm the arac�cx`�r.ic�shal!pnss to L,errckr,�o khe,exteM of tha sums secu�ed by this Savrity L�tn'n�e.ni�'.
<br /> .immodiately prior to the a�c�yuisition. ;'� . ' ''•" '�'
<br /> � .i.dxrp�ne�,Pc+wa�rstba,lNaintaanoe�nd A�osect3oa ot t6e Prapaty,.�oamwar"a[..owe Applk�mni I�awel�ak�li:'
<br /> ,Bb�mwer stu11 ocxupy.esW�lish.and use the Froperty as Bortowtr's princi�l resS�dc.~nce within siaiy d�ys atter tAe exocutiun ot
<br /> this Socurity Inucument�ud sfwll continue to orx�ipy tht Pro�err�ss_0orrowar's priaciNnl residenoe for at least one yea�after
<br /> the date of oocupan�y.unless I.ender otSs�Twisa agroes in writing.�4t�i�th conseQ►t s}udl not be unrtason�bly witf�held,or uniess
<br /> extawating circumsunces exist which ,p,,:. beyand Borrow�r's ��a+�:n?. Bomo+nar shsll not u`�:�sitoy, dartw�e or impRiL si.h�•
<br /> ;F'coperty, allow the Propecty to deteriorxt�,or commit waste on xae•1�roporty. Borrower sha11'�c:in default d any fodeitu�e
<br /> a��tioa or pra�ooding.whaher civil or criminal, is bcgKa that in Lcoder's goad faith judgment awld ns�sit Y�i.forteiture of the
<br /> $*ropetty or olbawise materipJly imptir the lien c�ncatod by this Socudsy Inuauma�t or Lender's security intaagt:Borrowa m�y
<br /> curo such a dcfault ud ceinstaec.as prmvactr.�t in parngi�ph 18.by caosing tho action or prooeedin�q to be dismissed with a n►lin&
<br /> � 1}u�t, in I,�der's gaxl faith cktermfuntiono �nrecludcs farFeiturc ef shc Ebrrowcr's interest in r►x Pro�x�tx or other mah�i�l
<br /> impairnxnt of 1?�e lien c�+eatvl by tllis '5�eu�yty inshument or l..�r+l�:.�r s security intecrst. Borc+ctai�;:c shaH also be in deT,��9!:if
<br /> �oirower,during the luan appliution p�ss.gave materisllq Fai:e�:�nna�c+►rate inforniadon or�luteimnts to[,encicr�v.r fsi;5:ct
<br /> tu provide Lenckr with any innterial infur►nation)in connoction wz,�2►,Se loan evid�snced by the Note,incIu�+'z.�ar.,btiU,mi�:;rr,a����
<br /> to,r�prescntarions corwem�ng iforrower's oowpancy of the Prcgexty as a prirc��,r!r.�idci�co.If this Secarit}+Ln:i^��u�,r��?.s�5fi an a
<br /> leuehold. Horrower shall ��mply wiih alt the provisions of the le�se. If&��nm,rc;r a�,�yui�� fee titic to rh� P�rpe.z�sy,:'cl:e
<br /> Icasehold and tIw fee litic shall�wt cne�E u�nless Lendcr agmcs tv c[n�r�ctgcr in wridng. '` .
<br /> 7.Protatbn o[I.ender's Ri�6tx ini Rhe Propaty.If Sorcou��nils to perGocm thc coventins and ag�etits wnts�a�:.yfi�in
<br /> �his Socurity Inst�umrnt,or thete is a it�a1�roceoding that may sigs:iRcmNy affect Lender's rights in the Pr�operty(smcit as•a
<br /> ptucocdin�i�n-bu�krupt�.�p�r�rUnte. fn.,��ctwev��nf�he Pan��iertv�and cnirnf�s's,riQhtsrinsthe tioF[ouc�tv. L��cres actinns uotY
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<br /> mclude pa�yiag any snms sr.cun�d by � tirn which hus priority over this Secutiry Inswment, sppeazing in couri, paying
<br /> r+easonable anorneys'fees and entexing oa che PrQperty to rrtaice repairs.Although Lender may take action w�dcr tl�is par.�;�xph
<br /> 7,Lttxler does not have ta do sc�.
<br /> Any am�wnts disbarsai by E.endcr under this parugcaph 7 shall bcrnrt;+e additional del�t of Bormwcr ,ecured by this
<br /> Secur�ty lnstcument.I3n(css Borrower and LcrKkr agra to dher terms of�wyment,thcsc acnavnts:;hall bcar interest fro:n the
<br /> clate of disbursemznt at the Note rate and shull bc payY�le. witb interest. �pon notice from Lender to Borrow�:r rcqucsting
<br /> P�P�t.
<br /> S.Ma�taage in�unt�c.If Lcrxkr rcquirnd nwngagc i�uw�rwc ns a co�xlition of makic�th�loan sccu�d by this Sccuriry
<br /> Instrumrnt. B�rmwer shall pay thc premiums rcquirod to m�intain tl�c mongage insurancG in effect. If, for any reav��n. the
<br /> mottg�gc inwrance coverage trquicrd by Lcnder lapses ur ceases to I�e in c!f'eci, �oerower shal{pay tt�e premir�nu rcqui[cd to
<br /> obtain.rovrrage sufntantia�ly cquivaltnt ro thc��x�ngage insurv�cc prcvionsty in effect.at:t rast substanti�lly equivalrnt to the
<br /> cost tc��Borrower of the morigage insuranec previousfy in effece, from uc�altemate mongaga i»suc+cr approved by l.ender.if
<br /> • � ' v,�z u�a ' Form 30T8 91f10
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