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<br /> . Tppf377�P.It VJI'I1{all tl�o imnrovc�mcnte now or horeaRer erecud on the propsrty,+�nd�ll c�sementa, �ppurteawcee, �nd , �,
<br /> ,��. ,, � • fixtures now or boreafter a put of fl�r� propedy Ali nple.cemenu nad additton� ehaU aea l�e covored by thia Secudty _,_
<br /> inetfl�ment, nll of tlio foregoIng la roferm�l to im tlde Secusiry Wetrument�the'Property."
<br /> DQItItOVJTiIt COVBNANTS that T3orrower le lawfhlly eaised of tho estate horx6y ec►nvayed aad 6�tlio d�it W �t nncf �
<br /> ..,; convay tl�e Properiy nnnd th4t tho Fropr,riy i�unenc�unbend, except for encumbranca of reconl. Bon'ower wasr+ots +ad will
<br /> ' «.� dofend Bcnornlly tuo ddo to iho Pronarty a�inst�Il clalme and demande,eubject to any encumbiaaces of record. i' --
<br /> � 'fFUFi BTsC[IItITY INS'TRUM�NT combinea unlform covenonte far aational uso and aon-uniform coveainte wlth licnited
<br /> • '. verintioao by iurinclietion to conedtuto n uniforai securlty inetnttnent wvering real proparty.
<br /> � UMfFORM COVLiNANTS.Borcow�r and I.euder covea�nt and agroo�e followe: ;,� :_ .
<br /> ' l� fP'nyme�tt oP Principal ond Int:c:a�st; Prepnymeat aud Late Cbar�es. Borrower ehaU pramptly pay ahen duo the �� �•
<br /> :aa Ym '�� ����;.:•.
<br /> �. � prUicipnl af nud inusre9t on the deUt ovidesu:ed by tho Note�ad aay pnpayment�a�d late chuges due undor the Note. ��� � _ <•Y
<br /> �. ,.:1-. -'��...
<br /> ''' Z.T�Yutds fo�Taxces And Insvrasiec•Subjcet to appllcable law or to a written wdvor by Leador, Barrower ehall psy to � -
<br /> � ' Lcndor on tuo dny monthly psymenta nr��i►ie under the Noto,until the Nou ie�xtd in ft�ll. •eum('Fuuda') for.(a)yearly taxcs -=;-;_
<br /> a a d a a v e s u m e n t n wlilch ms►y uttain priaril y avor thle§ecurlty Ins4rument as a liea on the Property;(b)Yearly ler,eehold paymente ;'_F=��==•.
<br /> � or grnund rentn on tho Property�if my�(c)Ye�r1Y haur�d or pmparty Insun�nce promivau: (d)Year ly fl o a d i n e u r a nce pn m i u m+� . .
<br /> If eny;(o)Ycasiy moctgaga i���rencc pre�sviom.9,if any; and(�anY sum�PiYable by Borrowor to I.ender. ia�ccordance with =_-- - -
<br /> • iho nmvinIonn of pnragraph ti, in Ileu of t�r.payment of mortg+�ge iaauranco pnmlums.'Iheae items aro called'�ecrow Items." � J =- __�_
<br /> Lcndor mny, nt aay tiinc, coAect a�ci hold Fuads in an amount not to eaceed the mAximum amaunt a teader for• fedor�lly _�
<br /> ,1 rclnta�d mart{�n�e losn may require for porrower's escrow�acconnt under tlis fuloral Real Batate Settlemaat Procedures Act of �� :�,.,
<br /> • , !� 197�na nmc�adc:3 f�rom time to time, 12 U.S.C. Soction 2601 u s�q. ('RESPA"),unless �nother law thtt applie�co the Funds �.,�.,.o�.---.
<br /> '�..,.... ��---
<br /> + Eets a Inst�ar nmount. If co. Lender muy, nC any ti�e, collect and hold Funds in an amount not to oacad tha leaser tmauat. ���,.�.-_
<br /> EC
<br /> 'b� Lcndor muy estimate the amount of Fundn�ue on tho basls of cum�t data and reasonible estlm�tes of expenditutes of future
<br /> ' ' `�, Bxrow Itoms or otLerwieo in accortiauco with appllcablo l�w.
<br /> , `�.����:.
<br /> inetiumeatallty o ty , �:t�
<br /> 'Ifio Funda ehnll be held [n an inntievtion whose daposlte aro ineured by a fodersl�gency. . t end ,
<br /> � ; (includln�L�eader.if I.ender ie such an inr.r�tutlon)or in any Foderai Home Lo�n Ban1c•Lender ehall apply the Ftinda to pay the ;�.;'• ' ,
<br /> '�' Esarow Itatns. I.cnder may not chugo Tiormwer for r�olding aad applying the Fuade.�nuually antly�Ing the eacn°w ace°u°t,or ' ',
<br />_ _._ _ ___,_' ;,�,.}s��s��tu�.,nu,it�ms,unlese Ir,nder maye Borrower interest oa the Fundn�ad appUcable law pemiltn Lender W mdco such ;
<br /> a
<br />- a cUsrga. Iio�vover,Irender mny rcqtdro Eurrower ta pay a one-da�e charge for�a independeat reat eaute tu tepociin8 easvio° ,;_;;� -.
<br /> �: �
<br /> ,. used by Lcndcr in connxtioa with tLln loaa, ualess applicsble l�w pmvides othetwisu. YJnlesti �a a8reem�at ie ma�de or �., •• -
<br /> : aPPllcablo ls�v nsquires interest to be n�ic��Lsnder shall not ba rrquited ao pay Borrower aay interest or earaiuge on tho Funds. �., ��� �
<br /> ' Borrower�nd I.uidtr may agroe I a wr�iiug.hoaevet.thnt interest sbn�19 bo Fnid on the Funda. Lender ehall glve w Bomawcr, .�
<br /> % without aLuga, au�nnual eccountin8 of the�unds.ehowing credita rnd debIte to the Femde wd the purporo fot wh{ch each �>
<br /> ` debit to tho Funde w�s mado.'llie Fuuds nre pledged av sulditional eecurity for�11 evma exuYOd by Wie Security Ysatrumeat. •� ;
<br /> If tho Funde held by Leader eaccod tho auaunta pormittal to be hald by�ppHcable law,Leader tl�ll accmmt to Borrower .'��
<br /> � for tLo oxcese Fnade in accordwce witli the requiremeute af applicable l�w. If the nmount of the Funde held by Leader at�ny •+
<br /> � time ia not eufficicat to pay tho Sscrow Item�when due,I.eadar way so noHfy Borrower in writing,nnd,in wch c�ee Bormwor __
<br /> , sUalt psy to Lender the amount neceseary to m�ke up the de8aiency. Eorrower ehall make up the deficir.ney in ao more thin
<br /> �� �' twelvo mnnflily paymeate,at Landor's nole dlscntlon. '"�
<br /> . , ��
<br />- � Upnn piyment in tWl of all suuis eecured by thia Security lnstrument, Leader ehall pmmptly refuad to Borrower my �
<br />- . Fundn hold by�xader.If,under pnragiry�h 21,Lender shsll�cquire or sell tho Propeity,I.cad�er,Prior w the u.�uldtion or ssle �'`_---
<br />- • t of tho Pmperty,ebill apply any Funda�teld by I.endar at the time of acquIsition or eale�.+a cndit ag�inet the suau socured b3' ���-
<br /> �__
<br />_'�� t►sea Sea�ulty Inetrument. '`.
<br /> • � . 3. AnplIcstton of Paymasts.Unlese npplicxble lnw provtdes otheraviae.all pay�wss received by Leader�rler p�ngnphe �i:
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<br /> Il s►nd 2 sh�ll be apPlial: firet, to any rrepsymeat abnrgw due under the Nou;second,to amovnta peyable undar par�rapl�2. �'.__:s --
<br /> � � t3�ird,w intcnat due; fourth,to principn�c�ao;�nd iast,to�ny lato chirges due under tho Note. _
<br />�"'" �� 4. CLxrQea;Lteav.I3orrower ehaE1.pay all tuee, �se�asmente�chuges,fiaes and impoeidon+amibutable to tho Property
<br />��-`� �� svL�ich an�y nttain priority ovtr thle Scc�uity �trumeat,and leasehald payments or ground rtnts. if�ny.Borrower s1W1 psy • ..�,�„ _.
<br /> h 2,ar if not d in tlaat maaner,Bormwer ehall pay thea�mn tisne dinectly � '�x�-�n�..�-�
<br /> � b nc�sa obligatione in tho m�anxr provided in pangrip P+� � ��
<br />- . +, to dio psreon owed payment.l3orro�vcr o6a11 pmmptly ffurnieh to Leader all nodces of tmouats to be pdd tindes�tbi�puagnph.
<br /> .. � � If Borro�ver uukca theao payments ditbctly,Btorrower eLall pmmptly fumieh to I.snder receipte evlcleacing the gaymente. w ¢ "'
<br /> '�.`.r � :i�� �!•�,
<br /> . ' . Bor[�ower elull promptly diecLtu�o nny liea which h�e priorlty ovar thia Security Inettwnent n�iea�Borrower:(a)�greee ia .,u:�.,{.., �":, .
<br /> writin�W tho payment of the oblibadon r�ecured by the lien tn a manner acceptable to Lcnder; �)conceste in Sood fiith th°lit° "''_`:•:`� '
<br /> ': ,s.:..`..
<br /> � by, or defoade Rgainst enforccment of the lien in, legal proceedings whlch in tha I.eader'e opinion opentz W prevwt the ���'::=.fy,w.. ,',
<br />����•,;��" ; ouforoament of the laen;or(c)socures from the holder m�'the lien an agroemenc eatiefictory to I.tnder eubord'►n�ating the lisa w
<br /> `'�•`,��.. ,
<br /> ' tLie Socurity Inet�um�at.If uadar detc:mines that�ay puc of tha Property i�eubjoct to�lien wbich msy att�in prlority over . .
<br /> ' � tids S�urity buthvuz-..$t,Lender ivny a€ve h3arrot�er a nottce ideata�n�tho lten. Bonower a�xll eaq�fy t3�e liea or tdce one or ;'� . ,
<br /> . i
<br /> mnro of tLo acdons set foRh abovo wllLin 10 daye of the giving of no3i�e. �`'``
<br />" � � 114- 13 6 S �rorm soII� .
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