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<br /> . ,T(�ETHER W1TH all the impmvements n�w or here�fter erected on tha pro}rosty,anci all easemants, aplwrtenance���nd
<br /> fixtures now or hereAfier a pa►rt of �he property. All replacemcntR anA adcN�ianp .rhall al:;o be covercci by this 5ecurity
<br /> InstN►nent. All of the foregaing ia n:ferred to in this Security Instrument as thn"Propeny•"
<br /> BORROW6R COV�NANTS that Borrower le lawfully deisect of the cstntc horcbp conyoycd and has�he right to grant wxl�
<br /> convey the Property and that the E'roperty is unenc`�mm���m�de rsubjcct to nny encumbrAnce�of rc ord.�rr���y �d WiII�
<br /> defeMf gener�lly [he title to the Propeny against all c
<br /> THIS SECURITY IN5TRUM6NT combinee uniform covenante for natianal uKa anQ non•uniform covenant�wlth limit�d Q
<br /> vnrlations by Jurisdiction ta constitute a unlform security instn►ment covering real property,
<br /> UNIFORM CQVENANTS.Berrower and Lendee covenant and agrcc as ft�llo�vs: a when due the �
<br /> i. P,wYment o� 1Mncipal and latere�t; �:�ym�A� �te Chwryes. F3c►rmwor ;chall prom�ClY P Y
<br /> princlpal of and interest on the debt evidenced by the Note and any prcpaymant and latc ch�rges dua under the Notc.
<br /> 2, Funds for Tpxea �nd Irou�nee. Subjecl the Note�uniil tha Na c Is pa dein fi 11 ar unt("Fundn�for: (a)yeariy ta�ces �
<br /> L�ender on the day monthly payment�are due undc
<br /> and�ssessments which mxy attain priority over thls Securiry InFtrumcnt as a lion on thn P���c�r y)nood inseurance preamrtum��
<br /> or ground rents on tl�e PrapeRy,if any:(c)ycariy hazurd orproperty insurance premiums;
<br /> �f any; (e) yeuly mortgage tnsurance premiums, if any; and (fl any sums paysbla by f3orrower to 1.enAer, in accordu�ee with
<br /> tr.c pmvisions of paragraQh 8, in lieu of�he payment of mortgage insuranco premiums.These Itarns ar�:cnlled"Escrow Iterru•"
<br /> ��e►�der may, at any time, cAllect and hold Funds in an am�unt not ta excad ihu �iin;�imum amaunt u lese�±ec for a foderally
<br /> reluai mortgage losn may �eciufc+e for Borrower's escrow account undor the fc:d�rat Rcal Estat�s Seu[emcnt Pr'oced�u`�Funds
<br /> 1914 as unendal from time to timo, li U.a.�. �:.�sion ?!�!� !►evq. ("RESPA"l. uninss anattiar l�w that app�
<br /> sets a lcssa amaunt. (f so, L-ender may, at ara}+t3me. collect and hnld Funds in an amount not to excxd the iesser am�oum.
<br /> Lxnder may escimate the amount of Funds due on che basis of curnnt dnta and reasouebie estimates of exgenditures of futuce
<br /> Escrow[tems or otherw9se in accardance with�[.+p�ac�ble law.
<br /> 'It�e Funds shall be held in en institutio� W��ose deposits arc inauced by a federal agency, imtrumentality, or entity
<br /> (including Lend�n�madenot ch ge'Bosrrower fa�hotd�n8 nd apply'�na cboFunds, Annwlly s�naJyi ng the escrow 9account.or
<br /> Escrow ltem Y licable law permfts Leader to make such
<br /> vedfying Ihe Escrow Icvms�unless Lender gays Barrowec interest on thd Funds and apP nt real estate tax ttiPorcing s��'ice
<br /> a charge. However, f.�tder max crqnire I3oaa�'er to pay a c2nc•tima chnr�qo f�sr an lndcpeirde
<br /> used by Lender in cwinrxte�m.��zh diis loan, unlcss applicnbict law pmvidc��wo l�y n Grat�r gea�ingsnon�th��Fundsr
<br /> applicable lzw requii+:s intecr�st��h�paid. Leadas shall nat k►c rcquired to pAY
<br /> Borrower cir►d I..eudar maY a8ra rn writing,lraw�ever, thAt into�st shall be paid on the Fut�d�. LRader shall givf`ow���'►
<br /> �;;.h�ut rt�gr, an �rnual accountinB of thc�unds, shawing credits and debits to the Fund�and the p��lacposeInstrument. ,
<br /> debic ro the Funds was►nade.'fhe Funds are ppe�ed as additiannt securiry for�i 1 cablc law�L�ender shall account to Borrowrr •
<br /> If the Funds held by Lemfer.exceed tha smc►unte permit►ed to be held bY apP�
<br /> fa the excesa Funds in acaxda�r��W��►�ho requiremonts of applicable law.If the amount of the Fund�held by I.�eM#�r u�ny _',
<br /> cime is not sur'�ciecci�o PaY�un r�ice%ssa t�mo make upgch dcfaiency Borrowe�shall emake u�►t tli�CL:�iC.i iiCyC��C�bTf��Ot�an
<br /> sh�li pAy to l�ea�d�z�.'4a amo rY
<br /> twel��e monthly payrnentx,at Lender's salo ditvcKtaon.
<br /> U�on payment in full of all suma secur�i by this Secu�iry Instrutnent. Lender shall pmmpt�y r�Yue►d to Bocrowrr�ny :
<br /> ►ur,�s hc:3 b, i�•^•'!•r.If.under pnragraph 21.l..ender shdl acquir�or sell the Property,Lendec,Prior to the acquuition or s�le
<br /> af the f'roportY,shtll apply any Funds hold b)��:.�nder at the time of acqui�ition or sale� a cr�it:.galrat�:e i�mR secured bY
<br /> this Securiry Inatrumct►t.
<br /> 3.Applk�tioa o[PAymm�s.Unloss appiicable law provides othorwise. all payments received by abn��r�rp;a�rAph 2:
<br /> 1�nd 2 sh�ll be aipplied: tirst, ta.any pnspayxnent charges due under the Note: second.to amoun�s p�Y
<br /> third�,Ro interest due;foutth�ta prinnipal�duo;u�d last. [o eny lue chuges due u�nder the Nou.
<br /> �.C�a� �,�ns. gorrotivcr sh�lU pay �ll taxes, usesaments. charges. fincs and imposi[yons attributablo co tt►e PropertY
<br /> which inay �ttoin priority over tttl�Socurity A�ctxumcnt,snd leasehold payments or ground cent�, if anY�oQ i �diro�l,Y' .
<br /> thcse obliguions in the mt�nm��rovidod in.pan�raPh 2,or if not paid in that manner.Borrnwer s6all�y ���
<br /> to the pecson awod P�Y�pt.Batro�var sk��11'ptnmpdy fumish to l.�nder all notica of amounts to be d upder this
<br /> 1f Borrower m�kes these pAymcnta ditxctly,�rrower shell promptly furnish ro Lender rexipts evidencing the paYm�au.
<br /> Borrower shall promptly di9chn�a a�ny lien which has priority over this Security lnstrument unlas Bocrower:�(�)agras in
<br /> writing to the payment of tho ohli�atidn�x�utL�i by the lien in a mv►ner acc�ptable to l.ender;(b)con�e�ste in�ood tp���c
<br /> by. or defcnds egainst enforcemtat�of•tl�a licn in, leg�l pcocadings which in the Lender's op�nta�► opet
<br /> atforcement of thc lien;or(o)secures froni[he holder of che liea ut a8��"�s bjecc�to a I'►enI wh Ch Sm�Y �tuu��P�o�n�'ry over
<br /> i� tti"ns Security lnstrument.If l.cndcr determ[nes that any part of the Prope Y
<br /> th�ls Securiry Instrument,l.etxler may givc Bocrower a ratice identitying the lien.Borrower shall satisfy the lien or take one or
<br /> mon of the actions set forch above wi[hln l0 days of ehe giving of notict. F�,�,302� r9�'
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