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<br /> � , 96- �,04E3�1 �
<br /> The Fimds �hall E�t� h��ld in an institutiqn whose de�w•itr are insunxl by a foderal agency, instrumrntality, or sntity
<br /> l3�xluding I.c�xler,if'I.���idr.r is surtt Az�in•�titntiil�i��r in iiny Pcderal Homc l.nan�a�ik. Lender shall apply thc�'ands Yo pay the
<br /> Ksria�v Itr.7is. l.,cnder ntt�y»r�t c!t::�rl4rr lli+rr���tit'.•;fiir hul�lin�;�nrl ariplving the f�nncls,nnnually,maly�inB the escrow account,ur
<br /> vctii;yinc;tlt���^E�y�nv YSr,�yi���un!:�s�t l.cs�:��r��;:;;t�lnrrn�v�:r intcr�rt��n fhc�l�uiids(lll!I II�)�)IICi!blr,l��v��criaits I.r,nti�rti•tn�biakr,eueh
<br /> u chxrgo. Hnwr,ver, la�a�9er nu�y rcyairtt Hnrrrr���r,r to pay a u��e-tlme charse for un iixlepeitdent rcul cstst�tax rzportfng�xrvicc
<br /> usat by Le�xi�r in cat►��ir.clipn wlth this laar, unless u�plicable: la.w prnvides oq�er�+ise. Unless an ugrte:ment is n�ade or -
<br /> ��►�iuble Ipw rryuirc�interest to t�e pp,id.I,endtir ShuU n�t be reyuired to pay Bcrrrower any iniere��t or earningx an the FunJs.
<br /> &mnwar and[.�ncier rr�oy ngre�in woltin�1, huN�over. that inter�r shall be paid on thc Funds. Gender shall give to lr3orrowtr,
<br /> witl;vut chuge, �n�n9tnl oiocoun�ing i�f tF�p t�uude, shuwing crodits suid debits to thc Fu�xJc vnd ti�o purpnsc fnr which each
<br /> debSt to the Funds wxs�Y��1e.Thr•Fu�vils acr,pli�igai as mddieiorud security tor all sums securad by�his Security Instrument.
<br /> If ttt��t!rt��ht'tti!+y f�t•••�.•^, ��rr,ru�t�r"�t�1tt�Etnt�;�rnnirtnt►,�hr.hr�d by sj�nlicnble Ix�v, f rrxtr�sh9li�trrx�«��n F�nrm:v�r
<br /> for�he ax�xaw Funda irl�ccorduxx with�thc�m�auit+ernenta of spplicuble law. If the anwunt of the Funds held by Ltnder At any
<br /> time ir nat nufficient ta;�ay the�ncmw Iums vhan due.Lender ttnay so notify Bonower in vmting. and,in such case&►rruwer
<br /> slWl pay to I.enckr thu,emaunt ncoev.�u�■r tci rt►ake up the deGciency. Barcow�r shali mako up the deficIenc� in no more than
<br /> twelve monthly payrnal�ts,at Lxndtr's su�t�disR�ratiun.
<br /> Upcm p�yma►t i�t tut! of all sumv sc�ut��d by this Serurity Instrumant. l.andcr shat prampily rcfunci to Bomawer any
<br /> Funds held by I.endcra•If.un�ier parn�rrnFh 2t.;Le�tKler shall acquiro or sell the Property.L.ecxkr,prior ta the ucquisition�r sale
<br /> of ths Prepeny, shall s�ply�ny Fun.1s Ir.ld trb�Lr_r!der at the tirttt of Acqo��iti�n ar sale as e c�rdit against tF�sams secum!by
<br /> this Security Instnunk:lu_
<br /> 3.Applkatlor ca��'xYp�ent�.Unlass ap�Micr.bin Isw provides osl�envise.all payments majved by i.rnder under pvagra�
<br /> ' I nnd?s1W1 be applii:d. fint,to su�y'.gm.payr�xnt cl.tsrges due r�ndcr tM Note;second,to amoun�s�►ayable under par�,graph 2;
<br /> third.to ioterrst due;';uucth,ta p.rin:sp�r.l.dut:;and last.to wny late ctwrges�iue under the Not�.
<br /> �.C6�r�es; L,itilu�. &�rroK�r.r ahtal p�p..all taxee,assessments,chug�.c, Cncg and impnsitions attributable�o the Pro�rty
<br /> whlch m�y �utaln prhurity ovrr thls Socurity�.instrument, �nd I�asdald paymaKS or grnund Knts, if�ny. Borc►�wer shal paY
<br /> tbese crbligNions in ttuk manner pmvixied ia P�,raBreph 2.or if not p�id in thaK miuuier,Aormwer s4a11 pag them on timc diroctly
<br /> �v u�v�i.inGii Gii'u�i311�4'.ilt.�i0�iii'�'i.a ullii��tiuiii��y fil�iiSS�'a iG t.C1i�GT d��i T:wCa,�8i�iwa:aw�S tCr�'�'c3�lir�iii'�:r itiiS�iwiuSia�i. -
<br /> ff Bonrower ixu�kcs tht�ce pnymants dinr�atly.Hbtmwer shall p�+omptly fumish t��.tnder roocipR�cvide�c;ng the payma�R:a..
<br /> Aorrower shall�i�rt►m{�tly discl��o�uny•i�an which hns priority over this Sacudty Inctxwwnent nnless eorrower:�a)xd�.s in
<br /> writing t8 the paymet?.t af thc obG�ion s�+r,��Ind by thc lien in a manner acceptaBie to Y.�rx9cr;t(b)contests in goucl f�i�h�:1'�iien
<br /> by, or dcf�rds a�ict�t anfor�ancat of tt�n rion in, legal proceodings whict� in the Lender's opiniao c�p�te to pr�eve�rt ttn
<br /> mforcement of the I.ii6r�;oc(c)sc`-umz frnm�fho haldcr of the lian an agroeaxnt satisfactory tn I.ender s�b�i+c2inadng the lien to .
<br /> this Sacurity Instnimnnt. Ii Lend�r drae:�rmin►x dwt any p�ct of the Pmperty is suDjnet ta a lien whicb engy"attAin�over
<br /> thic Socuriry Instrumi•,n�. l.ender m�y gi�a�Hb�rower a notice idrnatying the lian.Horrower shall sati�fy c1►e lien or t���¢�.vne or
<br /> more of the actions w"t farU►abon:wiittin l0�dpys of the giving of notia. �. ,
<br /> S. Harard ar�•ArapPxtX 1�zsu�mine..!`ic�rrower st�all keap the improvements now existing or her�afte.r erccttld�an the
<br /> Property inaurcd a�n�s�st fc�s by fim,htx�u�ts inctuded within the term "extendod covuage"and any otl�er b�zudr. includiag
<br /> floods or[loodin�,;ta�,7•w�ich Lencltr m�quit�rs insurance.71us insurance shsll be mAintained in the an�out�ts And for the periods ;,,,,
<br /> that L�eoder requirr,ti;'Ru:in.sura�ce�arric:r•�mviding the ir�uar�ce shall be clwsen by Bomower subjoct to I.�der`s aQSxovd
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<br /> MI/Itlt 7NWtf f1Ul UG 7l7R�T.�Vlfi�l�)•�w�nn�rc�ct.:.7 -an��wcr �u�a w n�nwn w�caysc�wa�a�ucu awrc. LCiiuc�twp,a��.xa�cr s.. .-
<br /> option,obtain coveti��pe to pmtest I.er�t{e:r's��IghGa in Ihe Proptny in xc�r�ance with p�ragraph 1.
<br /> AI! inwnnoe�1i�ies and tanewaas,R1.,a11 be aooe�MSible to I.ender ud stWl incfude a stmdm!mostgage clauae. I.�da �',;
<br /> � shall luve the rigbt:ita�!H�{d tt�policits aaxl•1�►e�►��Is.if I.a�dcr roquirea.B�oraw�aer shall pcum�xlY Sivc f��:�.,a�der a11 rooapts of ;, ;.
<br /> paid premiuma ard�tt�wal natic�es.In ttk.p�vcnt c�Fdoss,Borrower shaU giv��ompt notice to�t�e inwr�t�o�carrier�l.nder. ,
<br /> L,ender may mtice�it�t�n�'of Icns if»nt mr�cia:�rb�mMdy by Hamwer. � '
<br /> Unlas l.endeesmd�iormxex otl►esvviai�agree in writing.inwr�rxx prncoeAs cball b�ap�lied to ratodaun or reQ�ir of tbe
<br /> Prope�ty dam�ed.,.;�f.thc restcm�tie►n ur•m,�anir�s 000nomically fa►�ibte�d f.e�cler'a security ia nrx le�soeried.If the rc�tor�tion or
<br /> rr�ic,is not eoo��lieally faaibks ar Le�.1�r's serurity would be lessa�od,the insur�na procxed�stuJl be to trie awp
<br /> secured by this Sdenrity.Ir�stn�mer►t;v►•txr.lxr or not t1�►due, with any excess p4id to Boe�rower. If Bonu�wu�iibaudau t�e
<br /> Proparty,or doea�,�►t answet wlttUrr3Q ci�l�►s 4 ratia from[.a►der thst tfie insunna cyrrier�sas at�erod to seule a claim, d�a�
<br /> La�kr may oolkrX ttK in9urwx�e ptnc�a. I.axirr may t�ss the�x+ocoods tor�u r or�storo tbe Propaty or to pay aumr
<br /> �ewrod by thie SoGirity Tnatnur►c��t�wfit+tl�hr or not then due.Tt�e 30�dty period wlll begin wtra�d�notioe is giveo:
<br /> Unless I.eider arxl Harnm�:�r otlhrne�lsa rgroe in writing. �ny applicauiott of pr+ocewds.W prinapat slWl not extead oc
<br /> pc�tponc thc due t�nte of tt�t mnr�llily px?ancnts referral ro in paragt�ta 1,and 2 or c�ii�c the anxMUK of the p�yena�ts. If
<br /> , undar p�rsigr�ph 2��tl�e Propertp is•snq�irrtd by Lrr,Wer,Barc�wer's nght tc�_�tn ansurarr�±e po�icies rnd pr�oca.ds re.wlting fmm
<br /> �,_;.�_... draq�e to the Pro�►�my prior tn�t�t,er.�,tisitjon�►i�18�a.s.s to[.encier to�t�e cxt�rit+�q'1;1ix suma xw�ed by thiR Sen�riry Inattun�dat
<br /> � �rtunedi�rtely qior�m ttK scquiaiticm�. ri•.:':'• �
<br /> f.Ooeup�c�r��r+csenNian;�M�tittl[tn�nce�wd Ptataati�•�qlf tbe Ptaparty,aare'ower:'�I.w�ApplkMlo�;I.e�u�a18�.
<br /> &xrowcr Rh�ll ooc+�p�r,eswbliah.an�we ttb Pivperty as ilor.n�.w�r's principal reskknoe vv�n sixty d�ya aftu the execuiion of
<br /> this Security instniziticnt and s}ull imntiniau to occ9►py�he Prop�lriy as Bormwes'a primtipal rtsida�far at ltyss one yeu aRer
<br /> , the clrbe of oocuptficy,unless Le�r�ek ot}rtnwise agroea in writing, which tonaa�t shall rat be ua�reacomMy withheld,qr unka�
<br /> ext�+wtir� circuca�m�ne.�es eziat whitik-avG beyond Borrawer's oontral. Bcxrower shati not des�+oy, daipage or i r the
<br /> , Pioperty, allow th4 Property ta dettdinrrt�e, or commit wASte on the Property. Horrowa s}twll bt in default if any f�'wre
<br />. � ' adia�or prucroMiii�, whdher ci��cl ur.�czirni►al,is begun thut in Lerxier's goal fuith judgmd�t.could nsult irt forfature of Ihe
<br /> ' 1'n�perty or vlherwl.�t ms��tai�lly imr�nr Qtp lien ecratod by this Savrity[nstnama�t oc La�c1�x's sa�urit�interat.Honv+�+�a may
<br /> cure auci�a ckfeui�zuxl�in�taRe,�:3 pmv;ilod in pean�niph 18.by s�using tha action or prooealing ta be dismisec+rd with a r.►ting
<br />. .;:;+. thit, in Laider's f;uod f�ith ddennin�ict�t� pnoc�Idudes fodeituro of tt�e Borrower's irrtere.sc in the Pcu�,�*ty or att�er mtaial ,
<br /> � impurment of tM��dien createKi by�.tl�1s,.ScSa�ritY l'dti5'�zuma�c or[�x's security imersst. Bon+owet�'sl:i�lso be in cki�ult if '��':'
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<br /> ' ���1 Horrowt:.during t�ie tcwn appair.�cion.proor.ss.g�e,4materially false w ina�cusa�oe iaforro�sion or.�arar�►s�to I.ender(Qr fai{ed ��:•;,
<br /> to pmvid 2 L,cnder�vith�ny ma�teriu:l Enfmm�tionl in rnnr�ection with the(an evidenced by the Note.dtiLl�2ding,but ntoh Ai�;�nrk+d
<br /> tv,►'eP�sa�taticxts i:�ncernmg Harnow�:r's'�oocupu�cy of thc Property as a princiQRl t+esideaoe.�.1f this Searity Instrum6�iF�)x on a
<br /> le�aeixrld, Borrowr•:r shnit rmr�1�� witl�,;;•ll the prvvisions of tht tase. If�omnwer acquires fee tit3C ro the Pro(iefty, tt�
<br /> • . Irisdatd and the fts�q t�tle shrll not mrRIIu�►nlcss K.��ier agrces to the merger im�vriting. ' `'
<br /> ,�:,.• 7.�totaibn r�t E:�evider's Iilghl�irl�the Ptrnp�:r,t�'.If B�rrower fails oo p�z'i�rm tbe uovrnants and�.�i�emet►ts oontained in
<br /> this Sacurity Instru�i�cnt, or tF►era is.a ier,r,�1 pn�ing tt�at rnay si$nificandy�rrYe��t I.ender's rights ia the Pmpeity(�such�a
<br /> pauboding in baniuti�xcy.proSuW, tnr c,andemnation ar farfcitu�or to cnforoe taws or�gulations).then T,ender may do�nd
<br /> �ay for whatevcr is o�Hxxssary to ptutscZ��IK value of the Pc�crty and L�cnder's rights in thc P�peaty. Lender's actiana nuy
<br /> nncludc wying sisv�;4WILQ SCL7ItOfA I11� a G� wMch fws pno�ty over this Security Inuiument, appearing in ooun, payiog
<br /> c+�asatiable pttocneys',fces and tn4tqin�o�•tt�Propctty tu make�eD�irg. Althou�h L.ender m�v talce action under this nanarmh
<br /> 7.Lcnder docs not hlivc tc►du so. � - — -
<br /> A»y amuunts �iisbui�i by Len�lsk�u�xkr tl�is paragraph 7 shall bamtte additional delbt oF Borrower sesured by this
<br /> Sauriry in�trument..ilnlcs9 Banvv►���am.1 I.ender agree to other tem�s of payment. thcse arnounta shall bear interest fmm the
<br /> dato of disbursurxnr�utt ttk Nai� ratu a�ad shsll bc payable. with iutenxt, upon rwtice fram Lender to Borrower�oqu�ng
<br /> wy�.
<br /> 8.��e I►uwrantr.�f I.rrr.�esr•�r.�quirecl mortgage insu�uxx�s a�ndition of m�king the loan secura!by this Security
<br /> Instn►mrnt, 8orrowr��shull p�y tiMl�p{�vuums roquirod to maint�in tt�v mortgage i.nsurance in cffect. UF. for yny raaeon, tha
<br /> mrn;t.�dr�uruncc�„��;1ge n;�:Ire�!try.l.er.d„:I.apses or ccascs to bc in tffect.Borrower shal!pay the premiwnc requircd to —
<br /> obtAin covcrage substuntially eyulti�a�trr•l,tu ttu;mongagc insurancc pttiviousiy in effcct,at a cost substyntialiy oquivrlent t�tfae
<br /> cost tu Burr�wer af il�e n►ongag� inzux�u'�oc previously in efftct, frum�n eltemate mortgage insurer approvod by T.�nc{er. If
<br /> tiw t a� Fane 902� !1!0
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