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<br /> 'Q"hc Fu�x1s shal9 be hc�sl i�t cn instilulinn whc�se d,;,�icits c�rc insurcd by a fedtx��t��ncy. i1r.t��tr��cuta►i�y i�r �»I�ty -
<br /> (i�,c[udir�g I.t:�idcr, if Lt:�tirlcr is s�,�;;i cn insNtutin»)or i��any t'�.:l�rul 1-iame Lo:►n Fl:m&.Il.e.:tder sh�ll npply ttte Fiue:ti tc�pay the
<br /> {?�:�ru�v Itct��:i. Ia��tEler ii��y�tnt cy�ar.F��3ner�sv�ce fur f�alc�itt��+.��d ep��lyiu�i tite�andr,, ts�in:�;i11y enaly•r.in;;thr,csc;rn�v c::rc�t��it,��s _,
<br /> verifyin�lNe F?scrow Itc�r�s,unlcsu l.encter pnyw k3urrawcr intsrest nn the Funds and�applica�!e I�w perniits I.endcr tc�mako sucn °`'
<br /> q chargc. liowr.vcr, I.eixlcr may rcquirc 8arrower ta puy a nnc-timc charge fnr un indcpcndcm rcal cst�tc tux rcpnr�t�ng se�vice
<br /> uu�c1 by LenJer iu cannectfon with thls loun, unlr.ss applicabio Isw provicles otherwise. Unlenc un agresment is tnada or
<br /> a�lirehic law rcquircs(ntcrest to be puid,i.xruler sha11 ��R t+e reqaircd to pay Borrovrer any interest or eurnings on thc Cunds.
<br /> &�m+wer aixi Lenclrr may�yroe en writing� howover,that i�nercst shaN bo�uid on tha 1'unc19, l.encier shall give ta Horrowar,
<br /> withcaut chargc, an pnnuAl ac.oundng of thc �unds. bhawing r.redits end debits ta tho Funds r��xl the pue�wse far which each
<br /> +1:,��U t�Ilic Cuit:ln L:».>m�:l�.Thc:!'und.:nre plcslged as e�!ditior.zl sxt�dty fnr r�ll 4nmq sr.cercecl by thix Secarity Instrtnnerit. ,
<br /> ]f the�Nunds held bv Lender excaod the amounts peemittecl t�F�e held by�pllcable law. I.ender shalf account to Borcow�r
<br /> far the exc�s FutxiR in accordance with the requiren�cnw5 oY applic�ble law. [f the amount of the Func7s held by Lerxfor ut any
<br /> ti�tw is iaW sufticicnt tn pay thc�scrow Items when due,l,onder n�ay w notify &�rrower in writing. anci,in such r.asc lic�rrawcr
<br /> siwll pay to L.ender thc amount necessxry ta m�lce up thn doficiency. Borrowcr shall mt�ke up thc deficiency in na morc than
<br /> twelve monthl�+paymeous.et l.�c��clxr's sole discrctian.
<br /> Upon{�yment in fuli nf al! sums saund by this Security Instniment. Lcnder shull prompdy rcfimd to llorrower nny
<br /> Funds hcld by Lendtr.If.u►xtcr paragraph 21.Lencier sl�ali acquiro or sell thr,pmpcny, I.endcr,prior to the acquisition or�I.� __
<br /> of the f'ropeKy.shall eppfy any f•uncis held by Lender At t�hu timG of xquisiticn or salo as a credit aguinst the sums secur.ecl(ry
<br /> titi.�S�urity Insicunxnt.
<br /> �,. 6caRlo�p at P�y nt�tM.s.Unloss applicable luu��?mvides otl�etwise.all pn,yinravr>aecelved by Leridcr iandr:r.nar.r�^,ra�fA
<br /> 1:aix7!�slri�.l�Im��i�;.l,irJi.ta any pr�payment churge:�d�u:urxfer ihe Note; secQre�,r,o�rnounts paypble w�rlrr.�ar.aar,a�lt.?_:
<br /> dtintr r,�i.nr�r•':d:���;fuurtA,to principAl due:And last.t�J D13;��AIO C�l3fgCS(IUC LLf�G[C{1C I.WJIC.
<br /> q�,f,'11�r�,cs.; I,lens.Borrowar sh�ll pty nll taxes.rassr:9,>mcnts.charges. fines auvL impasiti.a�ns att�i.butaDl:e to tt�,e ProQerrY
<br /> wr�:eieh.uaaa irttaia prioriey over this Socurlty Instrurnesat;. R�sc4 itasehold paymtnts o��gc�uuixl r�nrs. if aay. B+��rrcr.wcr shali�)
<br /> �3��c,�iicgMciu»i,ti ti�����ic►p��vided i� ,rra�.�'�2.cr.ff.r.,�3{said is�that as:c.:.Wr,,.P.rrxoti�e:si:riF�•���.'*^,.�x a�a t:�k c�2rc,ct�p —
<br /> t�a c[n perwn owod pwy►nent.Borrawer shtJ�promptly fu;r.vste to l.ec►der all notk�cs af:unounts to 6e pa�i.�ucr�er ef,iis paragraph.
<br /> If Borrowe�r�kes these p�yments directfy,Borrnwer shall promptly f��.r.r�ish to Lender reaipts ev'v,iser.xing tB��ayr�nts•
<br /> Borrowc�:r;hall promptly discharge any lien whizh has prtadty crver. t3Is Sccnrity Instruinent i�r��:ss}3orrawer:(a)agrces in
<br /> writing to tt�c�pt�yrn�nt of the obliguion secuxed by the lien in a rtu�nr.eer�wceptable tn l.ender;(b)rnntesu in ga�ad Caith the lien
<br /> by. or d¢Cenai'�egeinst cnforCCmen� uf the lien in� IeRa1 Trocadin,�•s�uhich in tt�,rc �.ender's opinion operate to prevent the .
<br /> er�foroe�r�e�t of the lien;or(c)saures fren�thc holder of thc lic:n an�,3s�xment sa���c'factory to Lcndcr subord:icraain,g tl►e lien to
<br /> QRLE3 Socurie� tnstcurnent. If Lender dat�emines that any psrt of the Pr.�o(�eey is subject to a I�en wlhich may at2�ir.r�ioriry over _
<br /> kl�:�s S�ee�aitg Ifr.T;�ttument.Lc�der mt►y give 13omuwor a notice identifj�irr�the licn.Borrower shall satisEy the lien or take oue.s�i
<br /> n�wxc af dye:a�nztu stt forth above within EO days of the glving of noRia:.
<br /> S, �rc1 or Propaty Ia�urance. Borrower sh:ll keep the Er.�►rovemtnts now e�ci�st�ng or hena�fter eroctod oce ct'ne
<br /> Pr*cro�p�e'rty insu�aga�nst ias by fire. hra,ards included within the term "eatended covsrage" and any other haixcds, inctudirag
<br /> � finu:�s or flooding,for which Lender roqu9res insuranoe.T6zs insura�ce shai!be maintAinod in tho Amount9 u�i f.�+r ehe periods
<br /> ` RP,A80 L.�IW�![C(�I11iE5.1/IC IAiO[aixz canicr�mi"riuin�y u�c iiuiii+u�5iwlii uc a,iwwi�.,�','j a°n,i.v'.J:.i o:f�,j�!II ��"�3�V� .
<br /> � wrhirh slu�ll oot be unre�sonably wlthheld. If Borrower fails to m�untain covu�„descrfbed alwvc, I.errder nray, aa Erc.a,ben's �
<br /> � option.obtain ooverage tu pratoct Lender's rights in the P�vperty in aocord�r�ce w�th pu�ag�ph 7.
<br /> All irouru�ce palicies and renewals shall be�te to Lender and st�all include a stuxlacd mort�age cP�a�. L�r�►4t'.
<br /> _ c�?�eU have the dght to hofd tbe poljcies and nencwals,i Lender roquires,Borrow���:s�5all promptlY give to Le�cl'�:r.a��,r:Y:sa. :...y�"• .
<br /> r"idC�pl�I11Uf11S axf renewaJ�rtnrae,ss.In the eveat ot lo�s�„19urruwer st�all give prc�m��notia to the insurance cau:r�,c��rm��r�'Z�;
<br /> w
<br /> 1�,�eip�Jtr may make proof o�f(�r:,rt�not made promp►ly i��^F!'arnaw�r. �,: �f.•`•irr,';.1,
<br /> • � •�Jnless Lend�.�and&.n:i^:u.�Pr othe»v�sa�gree rn,wri��a�,ix�t+':�nce proceeds�I�all be sipplial W restomtion c�asc;+5y}:�+�P,�'��t•:
<br /> _ ,���perty danssg.xi.iE'the ra�toraHan or n.�},�;t3?:i3�:ournrric;t7:ty'�..�na��T�am�Lender's seatrity is not les.xnod.If the i+est�f��iT;;vi: .
<br /> •�.rrj�ir is not econoRnicaliy feasible or Lerrci�s sccuriiy wv,A�u a�t�;:�:�.�2�i,thc insuran�procad�SISlJ���Ilrrl fq�INA��u,t
<br /> sru:,ti,rpct by this 5ecudty Instrument, W}1CtI1C�OP ilOk f�Lt',73:dUC� with any excess patd to 8orro�xer. If Bormwer aband'ons'tlho�
<br /> �!m��icexy,or das not answtr�►vithin 30 d�ys a notice f�`r�x.r.n l,cndee that ihe insuranve car�ier:sas offerod to 5ettic a�I�m.then
<br /> Lenitcr may a►Uax ihe inwranoe p�nceods. Lender nsay ase the prooceds to rcpair cer restorc che Property ox"'tii,p�Y sums
<br /> 'spcui,rni by tlais Socunty Instrument,whether or not then due.Tt►e 30-ci�y period will bbgii�when the notia ia grveYy:'
<br /> . '}:''Unless L�der �tnd Borrower otherwese agcee in writing, any application of proeeeds to principal shall rat exten��'o'r•
<br /> p�iatpcine the due d�te of the monthlp payments referral to in paragtaphs 1 an�l 2 or ch�n�te t�'n,amount of the payment;��;;ii•
<br /> - � 1i'nc�}�r pngraph 2t the Property is acyuitrcl by i.e�der,Bortower's nght ta any in�renee policies'tlnd procads resulung fi�oaA
<br /> '�;alti��►�e t4 the Props�tY prior to the acquisition st►�ll!pacs w I.�nder to the extent of�e�,ums savrod by thds Secur3ty lnstium�a�t
<br /> , ••'��Yi�inediately prior to the aoquisiiian. ' �� '+
<br /> : � f,p�cup�oc�r,�'reserv�tlon.11�wintenance and Protafion ot the ProMrir,8orrower's Y.o�n Applicati�n;�X.eR+ebolds.
<br /> Borrower shall oocup�r,establish,and use the Property u Bortnwer's principal residsnce within sixty days aftet the ex�utiun of
<br /> this Security Imtn►me�t�nat shall oontinue tA occupy tho Property as Borrower's pri�cipal residencx for at la�st one year atter
<br /> tl�e date of occupacacy.unless I.emler otherwise agrces in writing, which oonsent shall rat be unreasonAbly withheld,or unlas
<br /> � ebcter�uatity� cic�mstatxes exist which am. beyond lionower's control. Borrower ahsll not destroy. damage or impair d►e
<br /> + ;�?rcbperty, �11ow the Properiy tu dsteriorate, or cmnmit waste on thc Property. 8orcower shall be in default if any forEeiture
<br /> action er pr000eding, whether civil or criminal, is begun ttwt fn Laxitr's good faith judgment cuuld result in fortettu�+e of the
<br />-� Property or otherwise matsrislly impair 4�e.D3en c�eataQ by this Secut�i�,'(nstrumeni or l�cr�der's sccurity interrst.Borrowcr rrrrta�y
<br /> ; cune suCh a defwlt send reinctatCy as ptp��ide:�in�xragraph 18.by caus�ng 2he acteon or procealing to be dismissed with a�uling
<br /> t , ;that, in [,ender's goo�l fa[th dttern�inaY[bn. Qreclixlcs forfeiture of the �orrower's inurest in U►s Property or other material =
<br /> ' ,�mpeim�ent of the lien cTCatett�by chis$tcunry Instrur�nt or�nder's sccuriry interest. Borruwc:r shall also bc in defs�ult if
<br /> i �;39orrowcr,during the toan npplihatlon proCess,gave m�teriully false ot iaaccurate m�armation or statements fo Lenclor(or failed
<br /> :� � "tu provide Lendcs with aqy�naaterial infarmtnion)in wnnection with thc loan evideuced by t6e Note,including,but not limSt�1 ,
<br /> � to,rcprese.�►taitinns enncccn�ng�orrower's becupancy of the Property as a principal residence.if this Socurity Instrunxnt is an��
<br />- lca*�hold, Borrc►w�r shall �omply with A!1 aht provisions of thc lcas�. if Banower acquires Yso title to the Propeny;'Ilhu
<br /> �. lcaxtwld encl tho'i'ee titlo ahsill not merge.unless Lende:c�gras to che rr�rger in wridng. : ,
<br /> ' ' � 7.Pcoteclbn ot i�d�{r.r's Rights in t6e Proper6y.lt£Borrower fai9s to perfo�n thc cuvenants and agroemearis wntainct�.�ih.�� � -
<br /> � '�tltis SeWrity Insttument,oi��ehere is A legal procadi,ng Rhat may signifirant3y affecR H.ender's rights in the P4bperty tsuch�c�z,`;a -
<br /> , proceexling in banlwptcy,probate, for con�iemnatlon.�r TorFeiture or.t�o enforoe lawa or regulatJqns), then Lerxiet ma�dn sizict•
<br /> pay for w�atc�•cr is nocessa�y to pros�et,'r,he value of ihe Property aa+c� i.ender's rights in the�1,huperty. Lender's acnopg ann�!•'
<br /> include ne�rins an�v sums secural b�r � �ien which has.pr[ority ►�vcr, this Security Instrume��, uppeunng �n court. poy�t��
<br /> reasonable attorrtcyy'fees and ent�ri:,g mn Qhc Property E�n make repaic�. Although Lender may tat.c ection uneer cnis paragrapn
<br /> �, 7,Lernkr does nc�t huve to do so.
<br /> Any smounts disburscd by Ler�der under this p�uagraph 7 sh�lf become additionul dcbt of Borrowes ss;cured by tf�is
<br /> • Securiry I:tstrument. Unless&,crcwc�aed Lcndcr agrce to othcr terms of payment.these nmounts shall be�r interest fnas�the
<br /> date of disbursement at the IVatc raa::uod shall bc payabie. with interest, upon noticc from Lender to Borrower re�v�esting
<br /> pay�cnt.
<br /> g.Qiortgaga Io�ura�,.�t.If i.encler roquiral mortgage insm�ance ns a cmxlition of nwrylcing the lnan securai b�this Security
<br /> Ynstrunx.nt, 8orrower:,l�al1 pay the prcmiums rcquiraf to mti►uain Qie mortgage insurance in effcct. If, for eny �asnn. thc
<br /> mortgage insurance cav�rage required by L.ender laps�s or ceas�s ta be in effect, Barrower shaVl pay the pramiums requixed ta
<br /> . ohtaiu co�+reragc substantially equivalent to the morigage msuranco previously in et2ect.at n cost substuntialiy equivAlent to the
<br /> cost ta Boncower oF the cnaytgage insurance previously in Gffect, fr�um:u� alternute mortgage insun:r npproves�by Lender. If
<br /> vp�s of♦ Form 3028 9190
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