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<br /> � The Fund.r ,hall be held in un in,titution whatie Jepo�its ure in�urrd hy :i Irdcril :i�;�nry. ui,irumcnl:drtv. ��r a:nuty ��""'`�'`
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<br /> tinrluding Lcndrr. if'I.enJcr iti.uch an in.titution)or in any Fcderal Hcm�r l.oun Bunk. I.rn�l�r,hull .��ri�-�i�� 1'und. tu p.i�ih� �:�5i�3;;��.
<br /> i Esrr��w Rctn+. l.cndcr may nnt chargc Burruwcr ti,r huldin�und upplyin�: thc I�un��,annu:illy an;ilpiin}� thc c�rruw urcount.tir t�uti�:+:;:=
<br /> . verifying lhr E,rruv.• Itemti. unlr+. f.�:nder p�ry,Bi�rru��cr intcrr,t�m th� f�w�d,and applicahlr law prrmiiti IAnJcr tu makc wrh •
<br /> a rhar�r. Hu��rvrr. L�nJcr ma�� rcyuirc Burrower tc� pay;�unr•titnc rh�u�r Inr a❑ inJcpcnilrnt iral c,l�ilr i.i+c rcp��rUn�.�rur�
<br /> � u,ed hy l.ender in r�mn�ction �aith thi. Inan. unlr+, xpplirablr lu��• pruvidu. nthcn�i,c linle.. an a�rrrrnent i. mailcur � '
<br /> upplirablc lau rryuircx imcrcst tu hr p,�id. l.cndrr+hull nut br rryuircd t�� pay Rurraw�r an� intrrryt ur r.�rniti�ti�,n thc I'uixl�. •„
<br /> Borrciwrr anJ Lendcr may ugrcr in writin�. h�,wrvcr. Uiat intrrr�t �hall hc p;iid un thr I�un�l,. Lrndcr�hall�ivc tn Burnmcr, �
<br /> without chargc. •�n annual urcuuntin� c,f thc FunJ,. ,hc�wing rrrditn und Jchitti iu thr FunJti :uiJ thr pur�,.c li�r whicli c�h � .
<br /> dcbit t��thc Funds wus nwJe.'Phe FunJ�ur�plcdged a+udditionul �crurity tiir all tium�,rrurcd hy thi.tirrurily In+trum�nt. ';.t?�:�
<br /> !f thc Fundti hrld b��Lendrr cxcrcd thc anu�untti prrmittcJ tu hn c�lJ h�•,ipplirahlr lu�ti•. l.cndcr .hall arruunt l�, Hurru«rr • �
<br /> fui tli�rxcc„FunJ, in a�rc�rJanrc wnh �hc rryuinmm�t,�,t applic.tblc luw. It thr :uuuunt �H thc 1•und� hclJ hy Lrnd�r at any .. .
<br /> ' = timr is nut.uffi�icnt ta pay thc Etirru�r Itcm�ahrii Jue. Lendrr muy .ro nutify Burr��wrr in writing.und. in�urh ru,r t3urru�vcr .-�'`�E;:'•'
<br /> .�++"'�`�•' .hull puy ta l.cndcr thc anuwnt nccc+.rary tu makc up tltr dchrirnry. Burr��wcr�hull mukr up thr drfiricnry in nu murr ihan : � �-
<br /> ��-• �' twclve monthly puymcnts.ut Lrndrr',uily dixrc[ion. `:`y'�'�,�
<br /> � Upon paymcnt in full nf.ill .umti rcrureJ hy this Scrurity In�trum�nt. [.endrr tihall pruntpUy rcfunJ tu Bnrrc�wcr any I�r•�'
<br /> �,���
<br /> � Fundti hclJ by L.c�nJcr. If.unJcr paragruph 21, (jcndcr�hull aryuirc��r srll thc Proprrty, l,�ndcr, pnur ta thc acquitiitiun nr�;d� a�;�__
<br /> - uf thr Pro�ny. tihall �pply any Funds hcld hy Lrndrr at thr timc�,f acyuuilion ur,al�uy a rrrdit aLain.t ihr �um.,erur�d hy =-_
<br /> lhi,Securiry In+trumcnt. --=
<br /> 3.Applfeatinn of Poyrnents. Unle.ti upplicable luw provide�c�therwitir.all payment�rereivrd hy l.enJer undrr paraEraphti =_�
<br /> I and 3 .hull h� applird:fir,t. to any prrpaynunt rhargc�dur undrr thc Notc: .ccnnJ, tc�anuwnt�puyahlc unJcr paragraph2; !
<br /> third, to interest duc: tininh, tu principal Jur: anJ lust.tu any lutc charges duc und�r thc Nute. --
<br /> 4. Churges: I.ienti.Burrower+hall pay ull tux�ti.a.rtic,�mm�tti. rhargcs. fincs and impu,itiun,attnhwaMc to thr Pro f,�ny _
<br /> r� whi�h may suain priority uver thi, Sccurity [nstrument, and Ica,chuld paymcnt���r ground rents, it'any. &irrower shall pay
<br />- ^�; ihru ubligatinn, in thc manricr pr�rvidrd in p:tragraph?,ur if n�n puiJ in that manncr. Borrow�r�hall p�q• thcm un timr dirrcdy
<br /> � i�i thc prrsun uw�d pfiytncnt. Durr��wcr tih,dl promptly 1'urnitih to l.endcr all notirc+uf amount,t��hc paid unJrr thiti paragraph. _ _ --
<br /> If H��rruwer make,thcse paynient�direcdy. Burrc�wer shull prc�mptly iurni,h tc�I.�nder rereiptti rvidrncin� dk�aymentr.
<br /> � Burr��wer tihall pr��mptly dischargr uny lien which has prii�rity �rver this Security Instrument unleti,B��rrower. (a)ugrec�in
<br /> ��ritin�t��thc payment uf ih�ohligati��n securrJ by the lien in a manner arrrptuhle tc�Lender. (h)ronte+ts in Ncwd faith thr lien
<br /> ,,�� hy. ar defend� againtit cnti�rcctncnt of thc licn in. Icgal pr��cccdings whirh in thc l.rndcr'. opininn c�peratc tu prcvcnt thc _
<br /> �nfiircemcnt of the lien;ur(cl,ccure�1'rom the hulJer of thr lirn un agrrcment sutisfartury t�� L.cnder suhurJinating the li�nlo
<br /> thiti Srcurity Instrumcnt. IF I.ender detrrmin�.that any part uf the ProEx rry i, �uhjret tu�i lirn which mciy attain priurity u�er
<br /> this Srruriry [nstrwnent,l.endcr muy givc Burruwcr a noticc idcntifying the licn. Burrowcr,hull satisfy the licn or takc unc nr
<br /> mnre��f thc c�ctions set forlh uMrvc wilh'tn 10 da�.ul thr giving cif nutirr.
<br /> 5. Haxard or Propertv Insurance. Burruwcr .hall keep thc imprc�vements nu�v existing ��r hrrealicr erertcd un ihc
<br /> � Pro�rty insured ugainst Intis hy fire, haz;ird� incluJcJ within the tenn "extendeJ ruveragc' <<nd any olher ha�ardti, including
<br /> flouds or flooding, fnr whirh Lcndcr rcquircti insuranrc. Thiti in,urancc�haU bc maintaincJ in (hr amount�an�f fiir thc perials
<br /> that I.rndcr requirc,. Thc imurunrc rarncr pruviding thc insuranrc .hull hc chuscn hy Borrnwcr suhjcct to L.rndcr's approval
<br /> _ _�_
<br /> whirh shall not he unreasunuhly withhrld. If Borrower fail� tn muintuin covrrci�e de��rribed ah�ive. Lender mav. ut IAncior'� � _
<br /> ; ` °- opuon.obtam covcrugc t��prutcrt [.cndcr'ti rights in thc Property in urcordanrc with paragruph 7. �
<br /> All in.urance pe�lirics und renewal� tihall hc ucceptable tu Lender:tnQ shull include a tit:u�durd nwrtgagr clausc. I.enJer
<br /> .. shall have thc rit:ht ta hold the polirirti and renewal+. If L.ender reyuires. Burrciwcr tihall pr<�mptly givr to Lender all receiptsnf
<br /> -' ' paid premiunu and renewal notices. In thr rvent ot'lati,, Burrower shall give pre�mpt nc�tire tu the insuranre carrier anJ [.ender.
<br /> . L.cnder rnay makc proof of loss if not madr pr��mptly by Borrowcr.
<br /> ., Unle+, Lender and Bnrrower othcrwi.r s�ree in writing, in�uranrc proccrds shull hc upplied t��resturation or repuir of'ihe
<br /> Pr��xrty dam:�gr�i,ii thc n,tornticm or rep�ir is ccunumirally fcusiblc und Lcndcr's sccuriry i�nut Icsscncd. If thc rest<�rntion nr
<br /> repair i� not economically feasiblc nr Lcndrr'.scrurity wuuld bc Ictiuned, the insuranre prorerds ,hall bc upplicd tu the tiumx
<br /> � �I secured by this Security Instrument, whcthrr or nut then duc, with any exress paiJ [o Borrowcr. If Borro+vt�r abandons ihe
<br /> , Prupercy, or doec not answcr within 30 dayti a nuticc from Lcndcr that thc intiuranrc carricr ha�offcred tci uttic u rlaim, thcn
<br /> '; Lendcr muy collrct thr insurunce procerds. Lendrr may u,c thc prarerJs to repair or restore du Properry or to puy sums
<br /> �ecured hy thi�Security In�trumcnt. �vhether e�r not thrn due. Th�iO-�J;iy p�riod will hegin whrn thc aruice is given. —
<br /> Unlc,� I.endcr anJ Borrowcr uthcrwi�c agmc in writing, any upplicati�m ��J' prurccJti t�� prinripal shall nut cxtcncl nr
<br /> . pc�titpune thc duc Jatr ��f'ihr monthly puymcnts rcfcrrrd t�� in paragraphs I and 2 cir rhangc the amount of thc paytnentti.If' -
<br /> undrr para�*raph 21 the Prop�rry i�acyuired hy Lendcr. Bon•uwrr's righl tu any intiurance policir�and proreeds resultinE fram
<br /> damagr t�i thc Property prinr to Qu acyui�itiun tihall patiti tu LcnJrr tu thc cxtent uf thc.wns.rrured hy this Sccurity Instrumcnt �
<br /> immediatcly prior tu thc acyuisitic�n. ��`
<br /> . 6. Orcups�ncy, Pri�ervution. hinintenanre und Yrotection of'the Pri�perty;Rorro�r�er's Loan Applicallon;I.easehold�. _—
<br /> Bnrrowcr shull o�cupy. esi�ibl iyh. anJ u,r thc Pruperty as Burrciwcr's prinripal rc�iJcnrc within tiixty Jay+aRcr thc rsrrutinn nl'
<br /> thi�3erurity 1n.trtuncnt and tihall c�mtinur t��arcupy thc Pruprny a� Bcirruwcr',principul rr�idcnrc fiir ut Icatit unr ycar allcr �-
<br /> thc datc uf arcupanry. unlc�. LcnJrr uthrnvi,c agrcc, in�vriting. whinc�cm.ent shall nut b�unrca�unably �vithhcld. ��r unlc�s =
<br />-- extenuating rircurnstancc�rxi.t whirh :irc bryund Borruwer'. runtrul. Borru��•cr .hall nut dctitruy. darnage nr impair Ih� _ _
<br />_ , Prupert��. alloa• thc Pr��prn� �o Jc�rrioratr. or rummit wastr on the Prc�perty. Burr�narr �hall hc in dcfuult it'any ti�rfciturc -
<br /> •iction ur prorecding. ��hrthrr civil or criminal. i. hrgun thut in I.cndcr'� g�x�J I:ii�h.judgmrnt r��uld re�ult in ti�rfriture ot' tlx -°
<br /> Prup�rty ur uthenvisr matcrially imrair the lien rrcatr�l hy thiti Srrurity In.truntcnt�,r Lcndcr',�crurity int�rc�t. B��rrower nrry �`=`-
<br /> curr�urh a drfault:tn�l rrimt:►tc..t.pn»iJrd in paragraph IH, hy�au�ing thr arti��n c�r prorccJing to hc Jiyrni��cd�vith a rul inF L`� -
<br /> . that. in Lrndcr'� gu�xi t:ii�h dcirrminatiun. �rcrluJc� ti�rlciturr uf thc Burruwrr'. intrrr,t in thr Nropert��ur othcr matcrial �:�-
<br /> impainncnl �,f thc lirn �rcate�l hq Ihiti Srcurity lntitrutncnt ur I_rndrr'ti �cruritr iitt�rrtit. Burr�����er shall al�u hr in dcf.mlt d ,�`$._.�-
<br /> � Burri���•rr. during thc lu:u��ir�fir:rti�m pn,rr,.. �:i�r m:ttcrially fal�r or in,irrur:itr intiirnuiti�m ur.tatrntrnl� to L�ndrr(��r lail«I ,.=_ -
<br /> tu pro�-idr Lrnder �+•ith am m:u�nal inti,rmauutu in rnnnrrti�,n with th.•luan rvi�irnrrJ hy �lir N�uc. inrlucling, hut n��t limitcd -'���:"==-
<br /> ti�, rrprc.cntaUunti eunrrnim� Bnrrn��rr',nrrurancy ul�thr 1'rnp�rlp a�a priucfpal m.iJrn�r. I��thi.Scruritv hititrunt�nt i���na -.
<br /> Ira�rhi,ld. 6urrnwer ,hull r�irnply ��ith ,ill thr �,ru�i.ium ul thr lea�r. II Burro�vi•r arquirr. Irr utic tc� ihc Pruprri�•. the . `
<br /> lea.rhuld and thc tcr titic tihall nut mrr�r unlc..Lrndrr a�rcr.h�thr mrrgcr in�rrilin�.
<br /> - 7. prnt�vtion uf'I.tndcr',Ri�hts in the Yrnperh. 11 H�,rru��rr I;�il.t��rrrf�mii thr cn�rn,uu.an�l aErcrnknt�c�mt:�inrcl in
<br />. Ihi+ tirrurin In.u�umrnt. ��r tl�rrr i� :i Ir�al pi�ii'rrdin� �h:n in:i� .ignili�',intl� :d'tril Lrndri', ri�hl� in thr Pm(�rrt)• l�urh a�a
<br /> rrnrrr�lm� in h;uikruptr�.pr��h:itr. 11,r r�,n�lrmnati��n cn• I�,rfciturc �,r t�,rnlnrrr I:���. ��r rr�ulatiun,i. thrn Lcn�lrr mav du :mJ
<br /> pa� I��r ��hatrc�r i. ncir>.:in i�� E,rntrrt thr �alur �,I'thr f'�urrrt� and I.rnJrr'. iiLlu� iu thr 1'ru�,�n� I.�inlri'. :�iti��m nr,n
<br /> in.ludr pa�ing .in� .um, .r�ur�il h� a lirn ��hirh ha. pri�,rit� �,�rr tlu, Sriuui� Intilrumrnt. ap�,ranng in ruurt, payii�;
<br /> rra�un:ihlr:iu�,rnry,' fir,an�1 rntrrin� nn ihr 1'rnprri� n, m:il.� rrpair.. Uih��u�:h I.�•ndrr ma� tal.r artiun unJrr Ihi.�r,u:igrct�li
<br /> �. I.r�klci �IuC�qi�I ha��• Iudu �a.
<br /> ,\m anu,uni� ilf.hui����l b� I rnJrr un�lri ihi, ;rir:��r.�rli 7 .h:dl hr.•�,mr .id�liunn:d �Icht nl 1l�,rrm�rr .r:urc�l h} tlu, �--- ,
<br /> � tir<<n�il� hulrumrnt. l`nlr�. li���n���rr;in�l Lrn�lrr acirr tn���hrr t:mm �l pa�mrnl. Ihr,r am�,unt� ,h:ill hc:u intrir.l I'n�nt llk
<br /> �Lur �,f d�.hu�.rm�nt :u ihr ���i�• r.�ir anJ •h:ill hr ��.i�.ihlr. ��iili intrrr,t. u�um nntirr In,m LrnJrr tn liurn��i�r rr��ur,ting
<br /> _ � ��.i�mrnl.
<br /> ; 8. �[orl};a{;e InutrtWee. II I.rn�l:i icyuiir�l inni�Latr in.urancr a�:�<<,n�lili��n��t mal.in}� Ihr I�.ui .riuir�l h� �hi� tirrurih
<br /> � In.uumrnt. It��in����•i .liall�,:n Ilir ��irmiuin, rr��nirc�l i�� ni;nnt;un Ihr m�,u�aLr in.w.mcr in rtfrrl. II. Inr:im rra.�,n. thc
<br /> ni�m��:i�:r in,ur,ui�v c���rr,icr �ryuurJ h� I�nilrr I.yi,r,ni i��a.r. 1�, hr in rlleri. Ruit„��ri •I�.ill ��.i� Ilii prrmiuni. iryuiir�l In
<br /> ��I�t.iin ����r�.i�r.•.uh.i.inU.dh �•��ni�,ilrnt i�� ihr in��itit:��r in.u�:inie ��tc�i��u,l� in rllr.t. .�i .i ,���t .ul�.l:um:ill�ryui�alrnl �n th�•
<br /> i��.l i�� �tuii�+��:i �,I ihr nxnt_:u�r in.ui,iuir ��ir�inu.l� in rlli•il. li��m ,ui .illrin,dr tn��ilc,i�i ni.u�rr ap��iu�rJ M I.rnJii. II
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