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<br /> 7'O(iE7'H8�WPi'tl el�ths Imp;ovrnxnts now or herexfter erected on the propcny,and all e�stments,appuncnances,�nci
<br /> (Ixturcs now or here�fter a put of tho propecty. All npt�cements ux1 additions sh�ll alao ba covered by ►hls Security �
<br /> Inunimant.All ot tlx fore;oins is tefetred to in thlt Securiry lnstntmtnt as the"Propeny•'
<br /> BQRROW�1�COVBNANTS th�t Rorrower I�1�wfu11Y selsod ot the eu�te hereby conveyed�nd h�s the dght to grant Rnd �
<br /> convay tha PcopertY ux1 �hu�h� Pr°1��►Y �� ur�ixuinbcrxcf, �xcepa for ensumbrances of record• Borcower warrants end will � �
<br /> de�end�enet�lly the dtle to the Pra�srty��1ast d1 clatms and demwnds�subjxt to u►y encumbru�oes of record. C
<br /> '�H15 SECURCI'Y 1NS'fRUMFiNT combines uniform covenu►ts for nxtion�J use wxi non•uniform covenu�ts wlth limited �
<br /> ��rl�tlnni by Juri�dicdon to oonsdtuto�uniform sceur[ty instrument covedng n�l property• L'!
<br /> 11N1FORM CUYt3NANT5.Aorrower Rnd Lcntkr coretant+ind�Sta u foIIows: W�n due the �t�
<br /> j. IMyma�! at 1MnelpRl�nd IMtrat: Pref�Ymwt aad l.�te Ct�G+. Borrower shall pmmptlY WY
<br /> prlc�cip�l of�nd latrrat an cib det�t evidci�cod by tdc Note and aay pcepsyment and lAte chugcs due undor che Note.
<br /> Z. EhtnAs[or 7bea�nd Insurnaa. Subjoct to+�pplicable law ot to a wdtten w�iver by Lender, Borcower ah�ll pay to
<br /> ���r en th!��!�Y�nthly psymentc uo due under tbre Note,untll tt�e NMe is paid in full,a sum('Funds")tor: (�)yeuly tauccs
<br /> snd iu�aunenu which mw�ctan pdarity over th1�Security Instrumenc�u a liea on[he e�mperry:(b)YtujY t�wiu jwyii►ci8o
<br /> uuuranc�e pnmiumr(d)Yearly flood iasuruxe premiums,
<br /> or�round rent�oa the hcopettY�lf�ny:(c)Yeuly huud or PropertY' ran e ns
<br /> if�ny; {e)yeuly aoort��e inturu�oe promlwns�li anyc uid(t��nY sums pay�ble by Borrower to l.ender.ia �ecorda�ce witb
<br /> the pmvl;lo�u ot par�r�ph 8.in lieu of the p�ymeat of mortgsge insur�oce premiums.Tlkse itea�s ue called"Escmw Items."
<br /> I.ender ra�y, �t u►y time, collxt �nd hold Fund�ia�n amount nat to exceod the mxxlraunx amouni a leader for a federnlly
<br /> nelMed mortjqe lan m�y require for barrower'�escrow�ccount under tt►e fedonl Rexl �state S�ttlemont Procecturos Act of .
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<br /> 197A�e�rt�ended from tlma to tlme, 12 U.S.C. Seetion 2601 tt seq. ("RESPA"),tuiless anoth�r laa�thnc appilea to the Funds •:•
<br /> �eu�leuer atlmate thewimo�Fuada due on ths b llscof�n�en dat�d nua blc ostlmatea of expenditures o�ture __
<br /> [.ender nu�y
<br /> B�crow Iteau or ott�erwiK in�ccordu�a with applicable law. y
<br /> 'Cde Fuad� �h�ll be hetd in �n lnuitudoa whox depoeite ere insuml by a federal �gencY, lastrua�t�lity. or eadry . `A
<br /> (Iucludlo�1�ender.if l.e�xler i�auch�n inidtutioa)or in nay Fakrd Home Loan Builc.I.�nder shdl�pp1y the Fundi to psy tho
<br /> F.�crow Ittt�.l.et�der m�y no�chute E°n°wer for holdin�uid+ipplying tho Fuads.eunw�lly malyzing ch�e�cmw�ocount,or
<br /> �e�ifyrlt�the Facrow Itenu,un►a�s L,ender pays Borrower interest on tho Fuads and�ppllcable]pw permita Lender to m�lce�ucb
<br /> �o�rrte,Hpwe�,er,Lender cnRy requin Borrower to p�y�onattme ehuge for w independent ceal atato uoc.reportins�o
<br /> ueed by l�ender in connection wiW th►s to�a. uniea� applioablc law ��ovidw ath�jsc. I!u!!ss- -.a -.or�-^.#
<br /> �ppllcabie i�w c�equiros intetest to be pdd,Lendcr ahell not be cequirod to pay Honowor any interest ar caraingr on tho Fwids.
<br /> g�rrower Wtd I,endor nu�y �groe in wdting, howcvcr,that Interest stull be pKid on tba Funds.I.endcr shall�ive to Bonrower,
<br /> ,.4......�. ,. ... .���,.� �ew,nndn¢of the Funde, showing credits and debita to thc Funds and the pilrpose for which each
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<br /> debfi a�he�,nd�v�s m�ck•'�ne F4i�c1s are Pledg°d�a additlotW securiry for all sums secured by tnia�ocuriry ituuuacui.
<br /> ���p���r i,eader cx�oead tha wnonnte P�rmitted to be held by applicable law,Leader shall�ac�ount to 13oreower
<br /> ����p��q�oa�dance yvith the¢�c�ti1irenueate of applicmble law. If tho amount of che Funds hcld by I.eader�d+my
<br /> tin�a i�rat�utfkiant to W�the Eecrow itea�s w•ben due. Lender may ao natlfy Borrow�r in wdting�u�d,in cuch csse Borrowa
<br /> �htl1 p�y tb lAllder tbe�mouM necr.ssuy to tiudce up fhe c]c`��,iency. Borcowar shall ranko up tbe deficicncy in na raort th�m
<br /> twdve aaathlY WY�u•��r's wla di�cnt9on.
<br /> Upop paYn�eat in fuU of all swne �ecured by thia Sccvn'Y Ia�rument. Lender shqll promptly refund to Borrower any
<br /> p��d�r L�der.It,uader pSa�r��h 21.I.endec sh�11�cquirc os sell xha Prop�rty,L.ender.Prior to tha ncquieition or el�le .
<br /> ot tlw Propetty,�6�1��PP�Y�y F�bdd by I,enda at tt►e time of�uisttion or�ele aa a cndit�gainst the sum�secured by
<br /> tbU�ecuMty Imtru�aent.
<br /> 3����qq�p�yinpKr.Upleu�pplic,�ble l�w provid�s othcrwixc,r+]I payaaents reccival by I,ender under pu+B�P�
<br /> t �ad Z tbvl be�pplkd:tint,to�nY PnWY�t�Sa due uader the Nc►te; eea+�n�,to amouaw payable under para�h 2;
<br /> tbird,w Int�re�t due;foucth,to pric►cip�l due:�nd 1�ut,to u►y l�te ch�r�es due��der the Note.
<br /> �1.ClMexr;LMM. Borrower�h�ll pay sll taxa, �wessmeats. ch�rg�:s, find and imposidona�ttcibuuble to the Ptoperty
<br /> whlch n►�y Mt�lu pdority over th�� Securicy Inttruma�t. �nd leusehold paywwu or ground centa� if any.Bocrowa dWl paY
<br /> �bNe obllNtlwu in the mauKr p►ovided In P+��ap�2,or if not paid in thu msnnec,Barcower stull pay them on time directly
<br /> lo the p��on owed pRymrnt.Bortower sb�ll pmmpcly tbraish to L.ender a11 not{ces of unounts to be paid uader this�aragr�ph.
<br /> lt Bbrt�+wer mtico�theee PaYment�dircctly,Borrower�h�il promptly fumish to Lender roceipts evideacing the paYmrau.
<br /> {brrow�r�Il proa�pttY d�khar�e uiy lien which hu prlorlty over this Securlty[nstrumant unlesa Borrower:(x)�rees iu►.
<br /> wiltla�ta IM Myment ot tha obll��tba recuced by the lien in a mmner eeeeptable to I.ender;(b)contesta in good f�ith tLe lien
<br /> yy, w a.a„d, .��n,� �ed�,eac ot� u«► iA, le�� procoedinga which in ttxe Lendor'a opinion operate to pr�vent the
<br /> �nfarorrt�tt at the I{en;or(c)�cura from tha holder of the Iten an�grament eatiefactory to Leader aubordluuing tha liea to
<br /> �hu Wcurlly Uut�ummt, If Lender detennlaes thu a►Y Put of the Property fe subjoct to a lien which mny at�ain pdoriry ovpr
<br /> thU 9uutiry Innrumant, Lende�t►uY Yive Bortower�notlte identifyin6 the lien.Bonower shall s�tisfy the lien or talce ane or
<br /> nw�e nt tho�r�lon�ret forth�bove withln!0 d�y�of the�iving of noticx.
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