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<br /> ' TOGETMER WITH aY tho improvw�wnt� now or ��reaRer ar+ctKi on IhQ propKty. �nd�11 wa�n+mis. 1tpWulwtiancos 4^d __
<br /> ' 1i„tu��s now pr hK�Mw�paA ol ths pro�x►Y. AN roplrcwr�w�ts�nd�ddilia+�s shaM �lso be covw�d by Ihis S�cunty Instrumant.
<br /> Ap ot tha lofayo{np is rM�rr�l lo n thiA S�:ui1y GriGtr��t it;tfie 'PtopertY' _.-
<br /> 90RR01MER CO�'ENAhaStM Propeity n undncwib:rzd. �ucc'Wt`lor �ncumtxi+� of iacad� Elorr war�wa�T�nt�and wiN r.
<br /> co��oy Ih� Ptoparty wicun�u��coc ot r�co�d �=.
<br /> dal�nd gona�lry tha tdk to ths Roparty apain�t�II cWms and dwnands. wblaG to any �.. .
<br /> THIS SECURITY INSTRUMENT combin�s undorm covw�snis lor nati�nal us• �d no�undortn cov�nants wAh 4nuted _,
<br /> �ariatbns by kuisdictton to Co1►stitutQ s uni(am socunly�nsUurnwtit Cuveruig rwl prop�rty �
<br /> UNIfORM COVENAIVi'S Borrower an�i Laus�r cower�ant snd agree as lollows `"-
<br /> 1. P�y�n�nt of Princ{pal �nd Into�as.t: Pnpaym�nt and L,ata Ch�rQo�. Bonow�►s►wu womaW�v wn�n (� _ __
<br /> dua th�pnnCip�l ot and G�tarost on the debt evici�ncod by IhQ{Vato and Any F��Y�t ��Vta�����th�NptP � �
<br /> �_.
<br /> 2. Funda for Taxos and Incurancw.sub�e:.t lo Wpp�ic.abk Giw or to a wMiw�wai�or dy 4�ndw. Bortaww sh�fi WY �4
<br /> to Land�or�the G+iy nwrithly p:y���� �e due under the Noto untA the No1�Is W�d n IuY•a sum ('Funds') �or ia3 Y� c�
<br /> wcQS and assassmants whtch m�y �ttain prlority ovu tn�s sewriry I�svumwit .s +�lien a, trw Propw;y; (C) Yu+iv �casenac,� _..
<br /> Pa)�ments or ground renis on the PropHty, d�ny: (c) Yea�'M ��d ar propQrtY �nsurance{xeitw+m� (dl Y�Y� inwranceQ �;.-
<br /> pretnMims,if any: (01 Y�N�9�9e insurance P�ert�iwns, il any:and (��ny surtu p�yabla by 8ortower to lonGar�n accudau►-,.-,,�t�wr �
<br /> w��h the protit,lons ot paragraph 8, in keu ot the p�yme+nt ot mortsege insunnce �remiums These itams ue callacl 'Esua� -
<br /> Itams Lender may. at any tinw. coNe�t �nd Aotd Funds in an umount not to �cceed tho maximum amount o I�nder tor _-
<br /> 1�doraYy reiatad mortqage ban tnay rpuirQ br Bortowei s esuow accour�t undK tlw tadar�l Re�►1 Estat�Seritem�nt Procadures�
<br /> Act ot 1974 ns smentNd lrom time to titne. 12 U.S.C.�2601 at sa4. ('RESPA'). u^ks:' anolhw bM tAt►t �ppWes to tha Funtis
<br /> sets � Mssw unoun4 q so. L«ida► msy. �t any time, coiloci and ho(d funds In an art►ount not to wccood lne lessw amount
<br /> Lendar may �sWnata tM amour�t o1 Funda due oo th� basla ot wtnr►t dats and �auo�aW� aW�tas d sKP«►ditw�s ot Aiwn
<br /> Estrow Items or olha�wlse in acco�danca w�lh appUcahM�4w �
<br /> The Funds shaU be hMd in an InstituUoo whose deposits ar�ins�ued by a teder�l a9oncY•InstrumentAktd.or entilY (nciu�in4
<br /> Lender, H Lende► is such an InstituUan).ar n any Feder�l Nane 1he ��.Sk.wLin�wl�y Sa�naycl�n�ehescrcw�atccount, ore Eeri�flo9 -
<br /> Itams. iendor may not charye BoRt+wer 1or holding pnd appyhg � �w pertnita 4undor to mako s++ch a
<br /> the Escrow Itans, unless Lende� pays Bo+rower interosl �n the Fu�ds and apPlicab _
<br /> chuge. Howwer. Lendr moy raQuke Rot*ower to paY a one�time clwge tor an indepondent rear �tate taa repwGn9 service
<br /> usod by Le�d�► in connection with thls ban. w�Mss ap{�ti.�ble I�w provides otherwiaa. Un{ess an agrRnrnAnt k mide e►
<br /> oppWcabb law roquiras inte�.rat to be pald. lendar shail not be required to pay Bortowcr�ny ht�est w eam+n�s on the Fur►ds.
<br /> Bortow�r and LMder �wy aflrae in W���Q. however. th�t Intetest shall be pald on ths Fu�dc. Lender shn11 gtre to Bartower,
<br /> without charg¢, an arm++a1 accountit�g aT thQ Funds,showing credita and dabits to Ihe Funda and the purpoae ta which each
<br /> debtt to tM Funds was made. The Funds are Qledged as�ddttlonaJ securtiy tor a!1 wms kssc�ued��s�����tstto B towar
<br /> H the Funds hNd by Londt+ excaed the a�mou�ts Mm�ltted to be held by appicabb
<br /> {���pccess Fu�ds in acconknce with the repuuerne�ts of applic.�We law.ft the Wrwunt ot lhe Funds hold b� Lender at any
<br /> s�haN p�y t SL�ndutth��amount nacacsary to ma e up the deficiency. Bortowx�sh�YW m�ke up thd�deficla cy in rt�o more than
<br /> 1w�We mo�tNY WY�nents,at Lender's sde discretion. retund to �Nrowor any Funds
<br /> �P� WY�'M^t in SuN of W suma s�aund by tA(s Secu+itY Instrumatit Londor sAaN promptlY
<br /> h�{d Dy LandK. It,undar paraflraPh 21. Lender sF►�Il acquke ot scr!tha Property, l�nder,p�iot to tha acqui0'�lon w saN ol th�
<br /> propwry, sh�Y aryply a�►y Fu�ds held by Lendet at the tir�ra ot ac9u1s1Uon or sa�° u a credil againsl tha sunta sactu'cd M thls
<br /> S�curiry Instrument. enta ncaP�ud�b Uar�r undw
<br /> 3. Appticallon of Paymd nttws�,to an ����� aue unde.�ne N easecond.to �rnaw��s p:y�+r� ,
<br /> W�+9�Phs 1 and 2 shall ba applia y P�eAas•
<br /> paragraph 2,third,to intersst due:touRh,to princlpd due.and tast.to any I�te charges dw u�der the Nnta.
<br /> Usns. Barower s►uM WY W iaxvs. assassments. char9es• Gnes and imposdinnu.�auributaWa to the
<br /> 4. Ch#�s; ts or 9��nd t�nta.If any. Br.r:GwK sh�Y
<br /> property whfch may sttah prialty ovet thta Securty k�t�r�nt,and {aos�hold WY�+�
<br /> = w�� _��r...� �; �ti.��;�,ovirlsd h ara�rsoh 2. or d nW pald in th�t �wnnar, BorrowaP siwllt�WY �h�a[r, on tim� .
<br /> J�M:�
<br /> � dr�iiy to th� pwsnn owod Wymant Barox�a sAa!! rr�xr+PtA'turt+i'h to L�nder v notices ot unounm ia•'va t�:�+w�•••• �.»
<br /> � P�9�Ph. N Bortower makes thaso P=Y�ts diroetM. Bortow� shaatl P�o+TWt1Y tumisb to Lendar reca3�ts evi�f�d�►9 tM
<br /> WY�nents. Instrument unless Bom:war. W�e�s in
<br /> gortow� shall prompty discharge an�I�en wNch has PriorilY over this Securiry
<br /> wridiny W tM P+Y�t o}the obNyalion sacured by tM Yen in a maru� accaPtable to Lencier: (b3 wnta8ta in yoad takA tAe
<br /> � by, a�tands aqainy�t en{orcement ot the lien ir+. le9a� Proceodin9s whkh in the Landar's o�n opefd� to prov�nt 1l+�
<br /> entorament of the Iwn: or (c)secures trom tho hdder ot the lien an agr�ment s�ttsfact°�Y t° �°�de�s�nr�JinaUng Uu�to
<br /> tAls Securily Instrumant. If Lendar detertnines that any pa+t of tha Proparty k subject to�li�n wNch m+►y�ttua�P�dY over tNs
<br /> Sacurity lnswment.Lender may give Borrower a notice Identitying the tian.Barower shaY satistY the bun or..take one or rtaro ot
<br /> ttu�cdons set forth above wRhfn 10 daYs o1 the 9��^9 of aotice.
<br /> 5. Hatard o1' P�OpWIy Itf:utillR�. Bo►rowe►shaq keap the improvem�nts now a�astiny o� hRre�iter sract�d on tM
<br /> Proparty inwrod +Whst bss by fre. harards Includcd wAhln the temi 'extend�d aowrs9a' and �ny other tuxards. indud'n9
<br /> Aoods a tbodiny.1or whlch Undar re4ulres insuronce. This insur�nce shatl ba ma�ntalned h tha art►aunts and for tlu puiods
<br /> that Land�raqulra. The inwrance cartix Providln9 the insurance shall ba chosen by Bortow�su6�ect to land�r's approvsJ
<br /> whkh shal not b�urxessomWY withhetd. It earower taus to mnintain cove�ge d�c�bed aduve�.Lender may. at Lender's .
<br /> option.obtain cowray�to prot�ct lend�'s ri9nts in tne Proputy h accudance wiN par�graPh 7.
<br /> A!I insuranc� PoWcies and ren�+rats st►aq be accAptable to Lender and shaY include a standarrf mortqaye clausv. LandK
<br /> shall have ths riqht to hold the polic3es+ed raneti+'als. N Lender requires.Borrower sh�Y p+wnPth'ti��� L�����a
<br /> - p�d prankuns and renewal notle�s. In the event of bss.$orrower ah�0 glne prompt notice to tho.insurar�w cartiec and lender.
<br /> Lwider may mcke proof o1 bss if not made prompllY by Bortower.
<br /> _ Unlass Lender and Bonowa othervvlse agroe h writing, insur�rtos proceeds sha11 be sppGmd Ca restoratlon a npair oS the
<br /> propertj dama9ed.�the restoration or repsi►Is economicalty faasibl�artd Lender's seciuity�!s nat uessened.N tM rsstaatioa or
<br /> repair{s not econa►MCaYY fe�sible u Lendet's securitY would be lessaned.the inwrance P��� ShW ba appY�d to tht sums
<br /> - seaued by this Security InsUument, whelher or not tt+�'� due, with any eucass p.td W Sortnuar• M Borto'na aba^d�z �
<br /> Prope�ty. a does not ar►sw+►wilhln SO d4ys a noiicQ irom Lender tlui the inwmce curiav Mis oft�red to saWe io��sums
<br /> Lender may coYsd tha inswance proceeds• Lender maY use the proceeds ta ropoir or restoro the Propwty PaY
<br /> -1 saaued by tl�is SecuritY Instrument,whetne►or not then due. Tha 30day period w�be9in wh�m the notice is giwn.
<br /> <Y Unless L��du �nd Bortowa othwwke agne in wri►ing, any applkation ot P��v to princlpa! shaA not extend or
<br /> pos�or�a th� �Q:t:. o! the:nonttt�Y ?�Y^"�^ts reFertxl to h paraprWhc 1 and 2 cx ciuui9e tf�a orraunt of tha payrr.a�ts. H
<br /> . und�r P�9�Ph 21 th�f'roparry i�acqulred Dy I.w�der. Bortowar s right to any hswanca pofcisc and Procesds�4�°r"
<br /> - dam�ye to thQ PropMtY P�fo� to tha acquls+tton stwil pass to londar w the eztcant ot�th� wms by thia SeaxitY Instnynent
<br /> __ i�ydiatelY W+or to tha acqukition.
<br /> = 6. Occupsncy, Pns�nrstio�, �atnten�nco and Prot�ction o# ifi� Prop�rty: Borro�w�r's Lwn
<br /> = AppliCatlOn: LAas�hOlds. Barowet shaY occupy. establish. and use the Propeaty ss Bortowr s principal r�sidance vrdhin
<br />-= sixry days alter the ax�a+tlon of thls S�eurity Instrument and shaY contirwe ta occuPY the ProRe�tY as BorrowePs prineJpat
<br />-� residence br at bast on�yar aRx the dste of occupancY• unless Lender othewisa aqrees in wtitk►g. which consant shall not
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