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<br /> � TOGE'HER WITH �Y lhp Nr�prov�nwnta now or herw�Rar �ro.:ted o� tha prapwty. and aH Nswnants. sppurt«wncaa, u�d
<br /> ' 6xtures now or huwHK a part ot th�DropMty• AY rpl�c�xi�nts and �ddiUona shall slao bo cov�rrd by this Sacurity Intttunw�t
<br /> AN ui ltti�tuttyo4iy�Is r�titrid l0 4i thW Spcwity instrumant As 1ho 'Propwty.' �
<br /> DORROLL'ER COVL•NANTS itut ElurrowK Ls la���tulty SM�at! ot t�a estata heret�y conveyed and has the nyht In �nnt �nd
<br /> convoy tho F'rop�rty and that tho Property la wi�ncumbr�i ucc�pt for Niwmbrwncos ot r�curd. Bu�roww wiuiu�t� wW w�l
<br /> dul�nd gen�raUy the titl�to th�Prap�rty ayainst �1 clslms and d�mand4.subJact to +�ny aicumbrances ot record
<br /> 7HIS SECURITV INSTRUMENT comG�nos a�tiNorm cov�ants for rtatiortsl usa �r►d �or�•unit�rm co�wiants w,th WmtYd
<br /> varytia�s�y luntdictton to constilulo a u�itorm s�curity u�strumont cuvarw�p rwl prapMty
<br /> UNIFOR�41 C�VENANTS Borrowx and Lwulw covonant and a�roa Ws IoUow�:
<br /> t. Paynwr►! oi Prinalpal znd tn:asast; Prapaym�nt �r►d Lato Clsar�es.eo�row�r shull prompUy puy wAwt �
<br /> daw thQ pr3nc;.pa!of�d interost on the dpbt ovidancod hy th� Not�rnd ury prepaymwit and IaSa chatyes due uaclw 1hQ N�t�.
<br /> 2. Fu�ds� tar Taxaa and ln�u�anco.Subjoct to applicable I�w a to a writton walver by L�tdar. 8wroww ShaU pay
<br /> to Lond�r on the day moniAfy paynwnla �ro duo undN�tho Noto, untJ tho Noto Is paW in tu:l, a sum ('Funda') fw• (a) ycxty
<br /> Uucos 4nd asssssm�ta whlch may �tWn priority ovor lhls Securiry MsWm�nt os a liwi on tha Wopwry; (b) yearty leasahoki '
<br /> payments or ground nnts on th� Propwty,q any; (c)yearty haxud or property Inwnmce prwnlums: (d) yeary flood insuranca �
<br /> prerNums. H any: (�) ywrty moRyage Insurance premlums, If any;and (n any sums payabiQ by Bortowx to Lend�in accordAnce
<br /> with lh9 provislons of par�g�aph 8. In lieu of tha ps►ymant ot mortyage inwrance premlums. Th�so kems �re caUed 'Escn�w
<br /> Items.' Londr may, at �ny tirne, collw:t and hokl Funda in an amount not to exceed tho nwdmum smaunt a londar for a
<br /> IeduaUy related mortqaye loan may raquiro lor Borrower's escrow accaunt undot the fadacal RaA!Estate SetUomant Procodures
<br /> Act ol 1974 ws Amonded irom Unw to thne. t2 U.S.C. �2601 et soq. ('RESPA'j, unless a�olher Uw that applies to tho Funds
<br /> sets a lesser amount If so, Lender may. �t any 11me. coltect and hotd Funds In an amaunt not to arceed the lesser omount.
<br /> Lender may QsWnate tha unou�t ot Funds d,:rr on the basis o1 cuRent da:a and reasonzble estir,�ates o3 e�penckLuos of fuGUo
<br /> Escrow Items or otherwis�in accordanre w�;h a;apGcable law.
<br /> 1'he Funds shall ba hMd in an institution wriose deoasits we lnsured by a tederal agency, insWn�enixLly. or entitY (�nCluding
<br /> Lender, if Lender Is such an instituUon) or h any Fedc��, Hame Loan 8ank. l.ender shaG apply the funds to pay tha Escrow
<br /> v:ems. Le�dar rtuy aot charqe Bortaww tcx hotdiny and a�p��g the Funds,arnuaYy anatyzin9 ihe esaow accaunt. w verityx►y
<br /> the Escrow Itans, unNss Lender pays Baraww interast ai the Funds and applicable law permits Lender to make such a
<br /> charge. Howavsr, Under may nquk� Bo�rower to pay a one-time charge lor an indepenrlent reil esYato t�c repoRin9 servke
<br /> usw bq lendar In conn�cUon with tnls ban, unless applicab!e �w provldes otherwlse. UnWss an a9reemenl Is made a
<br /> appticable law�w�ukss intxost to ba pald, lender shaY not Ce required to pay Barrow�r any intr�st or eamings on the Funds.
<br /> idorrowar and LondK rt►ay �9raa in wrking, Aowwer. that (ntKest sF�ll be psid on the Fvnds. landar shaH glve to Bortowec,
<br /> wRhaut charge, an sru►ual accounUng of tAe Funds, showing credts and d�bits to the Funda and tM purpos�tor whlch wch
<br /> dabil to the Funds was mad�. Tha Funds v�pl�dged as additlanal sacu►ity tor all sums s��aur3d by tho Security tnstrument.
<br /> If the Funds Mld by Lw►der�xcMd thf anwunts perrNtt�d to b� hdd by appUcaDl� law, Lendas st��ll acraunt to Borroww
<br /> la the excass Funda in accordanca wah th�roqukertients ot appGcabl�law. If th� artwunt of the Funds tbW by Lender at any
<br /> wne is no! sufficlanl to pay the Escrow Itwns whan dua, Lender may so notity Borrowor �n wr�j. anq, �n such casQ Bwrowx
<br /> shalf pay to Lw►da the amount nacsssary to make up tho daficknoy. Borrow�r sha� rr�ke up tAe deGctency In no mor�tfw�
<br /> tweNQ monthlY WHn�nts,at L�ndr's sais diac��Uc�.
<br /> Upo� payrrwit in tuN of all sums s�curod by thia 5ecwity Instrument, Lend�r sAaM prompSty nlund W Bortow�r any Funds
<br /> hatd by lenwr. H.und�r paragraph 21, L�ndar slwfl �cquke w sel the ProAaty, LondK, pdor to ths auqulsKion or saM ol the
<br /> Prq�ty, st�IR a�ly any Funds hsld by LMtd�s at Sh�tYn�of ao�sidon a s�N as a tredif aqahst lhe wms s�a+nd by this
<br /> S�curiy Ins�txntrni.
<br /> s. nppllcstion of Paymotlt�. unfesa .ppwc.bk law pre,riaac ott►.rwis.. all pa,rtnants ne.n+ad by �w,aer uhdar
<br /> P�9r+Phs t and 2 shsll ba appY�d: frst.to anY R�W1m►ent chsr9ac due undK th�No'w; sscond.to art+ounls pay�bl�und�r
<br /> parayraph 2:tFaM,W hterast due;fourth, to prindpal due: and last,to �ny�t�charyes dua und�r th�Note.
<br /> a. ct�ar�as; u�ns. e«�w Sn� P.y oa c.�, u�,,,q►�. ��. �►.� .,,a r�.�,: om�� to cne
<br /> Property wh1cM may aitah prlority over usis s4eurity !r►:n,unen� u,d h.s.nold paym.nts o.qrouna.«+ts, if any. eoROw.►sr,at+
<br /> pry inese o'ag�aorss in ine m�n�er provided i�Rarayrapn�. or a nai p�d in ii�ai muuiw,nortorrar si�wi pay iiwzn wr iirw ---� , .
<br /> direGty to the pa�son cn►ecD Wyrtw�t. Barrower shall protr�ptly Aurdsh to L�ndr a1 noL'cw ot�nauMs to b�pald undw this
<br /> �►�y�n. u Bor►ow« m�s m.a. Payments dkecayr. Borrower shaY Prae�PtiY tumish ta �na�r r�es �w«�a�y in.
<br /> DaYR►er►ts.
<br /> Bwrowor shall promptty discharge ar►y Ilen whlch has prioriry over this Security In�rument unless Borrower: fa) agrees tn
<br /> writing to tha pYyznant of th� obliyaUon seaued by tlw Yen(n a manner acceptabN So Lender: (b) cont�sts in good failh th�
<br /> Yen by, or defl��7s against entorcament ot thQ fen in. {agal proce�dings which In the Lende's opk►bn operate to prevrnt th�
<br /> sntwcement os th�li�; or(c; sxures trom the ndda or tna Iian an agnenwnt sat;stactory to londw subordinatiny th�G�n to
<br /> k`:s Secwiiy InsAUment.H Ce�u:K dei«mk�es thsil any part o!th�RopeRy Is wbJeet to m�ar►whkh may attain p�iarRy over thls
<br /> axurity Instrum�nt,Landa e+ay givs Bwrow�r a noUca ide�tityin�ttw liw�. Bomow�r sha�sr,�sy th�Y�n a takr on�or mon ot
<br /> • t�a acUoi►s sRt torth above v�'nin 10 d�ys o}the givin9 of nodc�.
<br /> 5. Hazard or Prop�rty Insuranca.6orrowK shaY k«p th�improwtr►�ttta now existitt� or henafiw�nct�d on the
<br /> Property Insured �inst bss by fra. hazards included wiifan ths term '�QSnd�d cavKag�' and any other hazards. incJuding
<br /> tbods w Aooding,for whkt� Lender roqukes insurmce. Thts inaurance that b�rrwk�ta�ned in tho amounts�nd tor th�pKiods
<br /> that Lender requkes. The insw�ance urtier provi6ng the insurance shall b�chosan by Borrower subject to Lendr's�pprwal
<br /> wr�ich shall not be u►uNSC�*�S1y withhetd. If Borrowa falls to maintah wv�rage described ahove, Landar may, at iendar'a
<br /> c�pNon, obLin cov�ay�So pratoct Ur►der's rlphts fn th�Properly in�ccotdtnce wRh puayraph 7. .
<br /> A!1 insscraaca po8c�ss and ranwvals shall ba occAptabta to Lender and sha11 indud� a stand�vd moRQage daus�. La�dr
<br /> shaU have L'sa e9yht to hold i�.� poGcMe and renawals. U lender requkas. Bortower shW prampty yive to Landsr�r�ceipts of
<br /> paid pcamiums and ronwval r.c0iceo. In th��vent ot loss. BorrowK shall piw prompt notic�to th�Insuranc�cani�r aa�cS l..�►dar.
<br /> Londer rr�y maka proot ot iau d not made prompUy by Borrowar.
<br /> UnG�s Londor and Barran+�r othawisa aQrN In writing, insu►uica procaods shAA be apMiad to rastoration or rrpr+lr of tho
<br /> Proparty damagad.If tha � tion a ropak is aeonotr�lcatly teasiWa and L�ncMr's security k no4lessanad. R tho restoration or
<br /> repalr is not economlcaMy r�raible or L�rt�a s�cu�ity would be lessanad the k�wronca pracaeds sha8 ba appW�d to the swnc
<br /> seaued by this Ssauity InaVumert, wbeliter or not then due. with any excess paid ta Bortowr. M Borrvwer �bandons Uw
<br /> Properry. a does not answa withln 30 days a notica from Lender that tho hsuanca cartier has ottx�c9 to s�ttle a clairn. then
<br /> Lender may co0e�t the insum�ce proceeds. Lender rtwy use the proceads to reQalr or rastoro thQ Proparty or to pay sums
<br /> seaued by this Securfty k�sLzus�ent.whether or not then due. The 30�y period wiY b�in whw�fhs notic�is Qivan.
<br /> Unless lender and [i�c*avier otherwlse agree 9ri w-itkig, eny applicaUon of proceeds to pr��ci�al shaG not a�iend er
<br />� postpone the due tlate of ths monthry paym0r�ts relerred to in paraQraphs 1 and 2 w char�ge tfw �sx�nt ot the payments. It
<br />,' under parngropn 21 tha Propaty is acqutted by Lendor. 8ortower's right ta any insurance policias �r►d proceeds resulGng kom
<br /> damage to the PropeAy prior to the acquisidon shaY pass to Lerufer to tha �dent o! ttw swnz by tt� Security Instrument
<br /> irmwdiatdy prior to the acquisitio�.
<br /> 6. Occupancy, Prosonrstlon. �IOalntonanco and Protaction of tho Proporty; Borrowar's Loan
<br /> Applicatiol7; lAaiahOldf. Borrower shaN occupy, esfablish. �nd use the Property as Barower's pri�clpal resldence wAAin
<br /> sixty days efter tho �xaaitlon o1 this Security Insuument �r►d sh�ll canUnue to occupy tha Property �s Borrower's principal
<br /> resldence tor at least ano yev afte►tha dale o1 occuponcy,unkxs Lendor othawise ayrees Ln wrWng, whlct� corirent sha8 not
<br /> be unreasonably wilhheld,a unlas extanuatiny cirwmstanc�s exist whkh ara beyond Borrowerc conkol. Borcower shaH not �
<br /> desuoy, damage a irr�pak th�Property,altow the Propety to detuiorate.or conm�t wute on the Property. Borrower shall be in
<br /> dalauH H any tort�twe acUon or proce�d�ng. whNh�r civil or crirrwial, is biyw�thai n lentkr's good taith Judgment coukl rewq
<br /> n torleifure W Uw Roperty or othawiso m�bri�lly Impsir tiw Gen aat�d by this S�curity kisUument or Landu's saauityr intaest.
<br /> � ��• ct3i6.l.lueo ti��b� �•2 0+5 �
<br /> 9fi1�
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