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<br /> - ,':` �"�,`';:< 'POGE�HGR t�'Ft�I:�Dl,cirox improvements now or hereaRer erected on the pzopenY. r�asements.apanrtenanoes.and ,.
<br /> -'�,�'`�;;'.,::;r".:� fiaaures nuv► or twnea�ttt,:� �t of the pmperty. All ceplacem�ts aad additions shal! also 6r wvered by this Security �
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<br /> . ..•�:••'_ .,:. , InsUnment.Afi;a4 tto.�+f,trCegoit�s,is referred to in this Security Instnunent as ttte'Pcay�s'ty+.' .
<br /> ;`�;- ; . ..:• SORR��YPR C(F�BNAN7'S that Borrower is lawfiiliy seis�of thc estate herubY wnveyed and has the�ght ta grant and � ,
<br /> ';�.�='',�' convey ttie P.tayr�.sr�that the PropertY is unenaunbered.exce�t t'ar encumbra�of record. Borrowcr war�ants and will
<br /> ' •.;.� �'�. : defend ger�eral.tS�thlA,til�t[O II�PfQ[JCtty 3$81ilSt aII CI31tIK aitd dCD13Ild5.subject to any encumbrances of rocord.
<br /> ���..;-.".._ 'FIIiIS S8G31831TY INStRUl1fENT oombines uniform oovenants far naaona!usc and nan-unifoan rovenants with fimited <•���
<br /> �: '}`��'..` ,.':: . vtuiatio�.s by}suisdiaian ta wnstitute a uniform sccurity insuument cavering real property.
<br />-'' �=-"`r�_�� UNEi��IM COVENANTS.Borrow'er and Lendcr oovenani and agrce as fallows: �,
<br /> •y ta
<br /> { _��:.� L L'a�anen! o!Principal and inter6t: �repay[rteat nad Late Chnrges. Bnrroxer shall pmmptly pay whcn due the ` ,:'�.
<br /> � pria�tipa!uf�imere�t on thz dtbt evidenced by the Notc and any prepayment and late cha�es due unde�ehc Nnte. -
<br /> � 2. Fu�s��tot Tax�ttnd Insuraucc.Subject to appiicabte law or to a written waiver by Lender. 8arro�vcr sl�afl pay to _
<br /> � • � �� ��:��:; Lcrtdre om tflrs dc��momh�y payments are due urtder the Nate.until the I�Iate is paid in full,a sum 1"Furcds"1 for:!a)yearty taxes
<br /> � �• . �•4 : and assessti?�rstt•�hec6 m�y attain priority over th9s 3eauity Instn�ment as a lien on the Property:lb/y�ly teazeho2d payments �
<br /> .� • or grour�d rexu.�a�a tir:Property.if any:lc)ye�ly haiard or pmpsrry idsurance pr+eautims:(d3 yearty tlood insuranoe p:emiumc. ' '�-
<br /> � ;:�:..._ ,�.-.'�;; if aay: te)y�+aly,.c4�mfiz�insursnoe premiums.if any:and�f)any sums payable by Bortotver ta I.ender.en accordaace with �•. .
<br /> � t the prov�sis�o��pKs�agrap6 8.in lieu of the payment of mortgage insurance pxemiums.'Fhese items are called'Escrow Items.' �H_:°
<br /> • Lende�nrtiy, a�auq�time.mllect and lmld Funds in an amount not to exceed the maaimum amount a lender for a federally
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<br /> � relazed axm�s�,�:tsn may�quire for 8nzrower s escrow accavnt ander the federal Real Estate Seulement Procedures Act of �
<br /> , `'�:`' 1974 as aa�cuted itbaa tiax:to tune. 12 U.S.C. Section 2601 et seq.("RESPA').unless s�other taw that applies to the Fuads ���".
<br /> �.::",;'�:'��,',i�.�;'�� sets a ter�er amr,ryttt,i.:If so�i.eader may.at any 6me.collea aad hotd Fuads in an amount not to exc�d the lesser autowu.
<br /> � °y��-L�:::�==:�` Lender rc�,�estimsbtt���of Fnnds due on the basis of current data and masonabte esdmates of expendiaacs of fuUue
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<br /> •.;:t','�`��;':::.': `r Fsecav:Items o�cr�oittKCse in accordanee with appGcable taw.
<br /> ,.,�::`:t;`;;:� �s '17�P�mds.sTTc�F�lba held in an i�tituaon whose deposiu are insured by a federal ageacy. �ttmme?+tati�. or entitY � �;--
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<br /> � • e':� (ic�ct�dix�I�ee:.iliE:eceder is such an insdtaaan)or in azry Federal Horae Lflan Bank.l.ender shall appIy the Fmgls to pay the
<br /> �_. �.:;..., `� <�, i�' Escrovr Ita�a..I.e�rk3i�Bny not charge Borrower for holding aad applyiag the Funds,anmially aaalyzing the escrocv acco�nt.or � -
<br /> _ ••` s'•:=:' =;..;'1?�';; verify�#r.:�th.8ssrm�.'�str�s.unless Lender pays Borrower intecest on We Ponds and applicable law penniss L�nder ta make sucb Af�
<br /> f: , a d�.Hcnne�re�:fi;ateder may cequire BorrovKer to pay a a�time charge for an indepcndent real estate tax�oeting service � �
<br /> � ';;�:� �`
<br /> � ,' nseA bryr Ler�3i:r�i��c�tion•with this taac�. unitess ap�licable 1aw pmvides otherwise. Untess an a�eemeat is made or
<br /> ` ;:•` ' �� '. a�h'�E�;2vc.�ti��3trterest w be paid.L�nder shall not be requited w pay Bo�wer a�+interest ar eamings on the Funds. ` `
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<br /> - f Bnrrav,er•am�•�;t�ir•may agtee in writing.�ever.that interest shall be pai�on the Fuads.Lender�11 give to Bosra�ver. �,�
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<br /> `�' .- a� �' �vit�asaru�sur£�.:au annual accow�ing of the Funds.showing credits aud debits to the Funds and the�crpose far�gr4ich ach �{ :
<br />_ �� ..: y:.. . ' �io 2G t�u�R.ipds was made.Ttie Fua�s are ptedged as additional security for al!sums secured by this Seauity It�"•r�a� Q,�;-:
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<br /> ',; <�'._ ' '` U:2Eq�.Funds heid try I.ender enceea t6e amounts pemutted to be held�Y aPPlicabte taw.I.ender shall ar.aou���Idorrowcx �r :
<br /> - ' ;:� fter:t��tc+o�ss Fuads in acoordance with the c+�uirements o f app li c a b le f a�. €f t he aznoun t o f i he F�s'M l d b y L e r.d e r a t a a v.. . �.���
<br /> :,�"� � � Ytara-i��nbi suffiaeu7 m pay the Escrow Items��en dae.Lender may sp uc�il.y Borrower in writiag.a�ai;.�such casc Borrnwea �' ;
<br /> �� sIW1Di�ty to ixnder the armunt necessary to make up the de�cieacy.Boriower�shall make up the dt-���ncy in Ra.awre than, � -
<br />_ ;�i ; . t�t+ei�e manth[Y Pay�nts.at L.eader's sole discretion. �, --
<br /> _ ":';� , ' '' Upon paymem in fiill of alt sums secure�by this Stcs:ri Instrument. L e n der s h a l l t S;�.h u u d to B�rrsower an �
<br /> � tY Pr'�mP } Y C;--.
<br /> '..;;�' � . `� �:Runds held by i,ender.If�under parngruph 2i,f��er shaU acquire or sell the Property.Lender.Privc u��e acqn€sition or salo •.,_.'_
<br /> �'� .of the Property.shall aFply any Funds held(st��-..des at the dme of acquisirion or sale as a ccedit a�,tis�the sums secured bq �
<br />-_ ,:�;'�. -'� this Se�cudty ltatcumens: �:_.
<br /> �'',t :";s.` � . 3.App2ttation af Aa e�.�atess� '�euble law �,ides otherwise.all a ments reoelved by Lend.r under hs
<br /> �:;, �,y, ., Y� �`w• �- P Y P�. � -
<br /> j` 1 and 2 shall"6e applied:fitst.to any prepay�el:i charges dYr�under thc Note:second.to amounts payabie uadet patagraph�2: , _
<br /> Yt�
<br />--;.v�f f: '. � ;;;� ' � third�.to interest du�faurth,to pr�ncipal du2:�last.w�y(ate char��dae under the Note. �f?`.
<br /> `•`��� !� � $Iems.B o r ro w e r s h a l l a �?r.x x e s.a s s e s s m e n t s c 6�s Z�'s f i n e s a n d i m s i t i o n s a r�x s�t a b l e t o t h e P t --
<br />___ . s: .:��9 `, 4.C6arges; P Y . . P'o �Y r,-;.
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<br /> :,.� : '"� w h ic b ui a y a t t a i n p r l o ri ty o v e r t i�i s S�.v r[ty i r:a�n t. a s c 3 t e a s e h o t d;r a y m e n t s o r g r o u n d r e n t s. i f.L y. B o s r o w e r s h�l l i O a Y o�- ..
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<br /> ,if r.i� . the5e obligations in tlse m3mser pmvided in paca�aph 2.as i�not paid in that mammer,Bor[awer shall pay them on tim¢�ditectTy ,-
<br /> -. �::, .�.,,;�,:a to the pe�san awed paym�nt.�$otrower shalt pra:nptiy fur�s��to Lender all notices of amounts to be paid under this p�graph. �_- -
<br /> :: , '''t�}, 1f Borrower matce�shese p�Yments directly,Ha�,*�r:ver shatl pmmptly furuish to Lender recejpts evideac�ng the paymetttst p�`„,` :=
<br /> '•, ����`+ Borrower shal�pmmptly discharge any C::eq�vbIch has priority over�iis Secvrity lnstrument ient�8orrower.(0�agr�es in =
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<br /> _ ;,,'.��.�;`���,i.,, :;<<` writing to the paymer►t of.the obligation sec�c�i!Iry the liem in a manner asceptable to Lender.(b)oar�Eestg in good�t�h sh¢iieu �, .;_�-
<br /> t�,;�'��,�1 � by. or defettds against enfor�oement of the[ien in. legaf Fmceedings which in the Lender's opinion operate tp�pr�avent the ;
<br /> E����d'��,. ' ��:;., enforcement of the lien:or�(a)sec�ues from t*e holder af the lien an agreement satisfacwry to Lender subord9natir�ttte lten to ';
<br /> , ,,;,'t�;�f��,.�.,,�,.,,i��f��. tlris Secvri ty Insltumens.li Lendes determirces�at anY Par4 of the Property is subject to a lien which m3y att�ire�Pfi��1Y aver _
<br /> ` •���°��������°��:'`;�� this Secvrity Instm.,^�ent.Lender may give Baunswer a notice identifying the lien.Bosower shall satisfy the tien or.tatce one or
<br />_= i���"F"'• `?:'• rr.ars of the actIors set forth above within 10 days of the gi�ing of notice.
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