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<br /> • 't0(iETHBR WITH all the impro�em�r•nts now or here�fter erccted on the�ropeny,nnd a►�easelrnnts. appurtenances,and
<br /> tixwces naw or heKafter � p� of the propertY, A��� rcP�ac��nts end additions �haU �lso bc covered by this Secudiy c
<br /> Instrumatt.All af the[orotole�Is rofetred to in thl�Secudty lnsttument os thc"Property."
<br /> BORItOWER COV�NANTS thu Bor sW��s�umbeicecls ex�Ptf f t encumbrances of rococd. Borrow r WuT+��ga��
<br /> umvey tho PtopettY u�1 thu tho PropertY
<br /> detend acner�lly the tltle to the PropertY nB�inat�ll cldms�nd demnnds,subjxt co uiy mcumbrances of rocord.
<br /> THIS SECURITY INSTRUMBNT combines untform covenmts for nxtional uu u�d non•uniform covent�nts wi�h litnited
<br /> v�ui�ulons by Juriediction to wnstituto�uniform securiry instrummt covering real propec�Y•
<br /> UNIFORM COVENANTS.Bottower u►d Let�d�����,nd�eet������w��ah�ll promptlY P�Y wh�due the
<br /> 1. P�ymeet of PriadP�i and intered; PreWy
<br /> pri�,c�na1 of and interost u���c�:.�i evid�+:e�!by the Nate and�nny PnP�Y�nt and late chuges due under the Nota c
<br /> 2. FLnd�for T�xes�nd insuranca Subjat to applic�ule law or to a Wr�.tten wuva Dy i.ender.Fsor�uwe�u�:u�.�y to
<br /> Lcnder on the d�y monthty p�ym�►t�ue due under the Note,uatil tba Note is pnid in full,o sum('Fun�'i�°�o1d�AYm�c�fe
<br /> wd wesameatt wMch may�ttaln priority over this Securiry Instrumen�ae a�lie pnmiumspr(d rYear(b)floodyiaturance prcminma. -
<br /> or grourxl rents on the Prop�riY,if eny:(c)Year1Y ha�ud or pmpeccy -
<br />- if�ny� (e)Yw19��8+��insurence premlums,if any:+uxl(��Y s�WYable by BoYrower to Leader.in aacordanc^�rith
<br />_ �e provisions of p�ra�cuph 8, in lieu of the payaxut of mortg�ge insucance Pre�um+.Th�s� item�ue called"Eserow Itt:ms•"
<br /> Lender aruy. u "'�ma ro9�n�Borrowe�r�'s iescro �ccouat�under the�fedcral eal Estu�Settlemeat�Procedu federalof
<br /> celued morta�; Y unless uiother!aw that appliea to the Fuads
<br /> 1974 u�a�d�m time to time, 12 U.S.C.Sxtion 2601 et s�q. ('RESPA"),
<br /> aeta�i�� i�m�tne the unoun of F�uuds due oa tl�b�sis�of curccatddata and�ceasona�ble est�imates ofe pendit�u+es of Wture
<br /> t.«�ae y
<br /> Facrow Item+or othecwiae in accordance witt►aPplicable law. i�t��wity, or enQcy
<br /> '11�e Fw�ds shall be held in an institucion wlwse deposita are i�►sured by a tedenil agencY,
<br /> (includinq Lender.If Lender is auch�n institutioa)or in Auy Federal Home IAau Bank.�a►der shall apply��utxls��t'�
<br /> . . r char e Borrower for holding and aPPlYinB We Funda,aanwllY uwlYzinB
<br /> r^•si;ivw ii-.�'�.t.tE�.!sL�..Y 1!O- - �
<br /> verifying the Facrow Items.unless Leader PsYs Borcower intorest on the runda auci�i:�:Dlc t re�l est�te tu np��rting asrvice
<br /> a cuuge.Howev�r. I.enda m�Y n9uiT�BO�'Ower to piy a one•time cliar8e for u► indePenden
<br /> - u�ed bv l,�oder in connxtion with tt►is loan, unless �ppllcable.la.w p�*��r�m��axnY 'lUn[t�er�at o�r�agc�'mnB�s onitue Fe�i�ndaor
<br /> applicable tiw requires interest to be pud.ieuiw� e,�i,..,��.�.......,....----
<br /> Bormwer and i.ender maY egree in writing, however.that interest shill be paid on the Funda. Lander ah�ll�ivf i����
<br /> witlwut charBo� �n aanual eccounting of�he Fuads� showing credits and fdeball cums secunad by th ���Y���°t.
<br /> debit to tl�e Funds wss m�de.TLe Funds�re pledgod as xlditional secudty llc�ble l�w,I.ender shall�ccount to Horrower
<br /> If the Fuads tk(d by Lender ex�od t��nu P��tted to be held by app'
<br /> for tbe excas Funds ia accordaxe with the requincnents of epplicable l�w.If che �nwunt of[he Fw�ls held by l.ender�c�ay
<br /> tirae i�not auffcieat to piy the Escmw Items�e up th��c;�Boa��we�stull eiaulce up�the deficiax.y in no�nore than
<br /> ,h,u wr:o��c� �c�
<br /> twelve awntWy pryannu,u l.eoder's sole aiecretion.
<br /> Upon payment ia full of all sumt sav� bY thia Security Instcumeat. l�ender shtJl promptly refwid to Barrower�ay
<br /> Fuads held by I.ender. If.under pur,graph Z 1�L.end�r°hall acqui�or sell tlu ProPe�tY.L�r.Priur to the acquisitton or sale
<br /> of tl�e Prope�tY.sh�l aPPly u►y Fw�ds held by Lender at the time of acquisition or ule n a credit agtinst the sum+secured bY
<br /> this Securiry Iasctume°t. tg x�eceivod by Laider under Pu+Br�
<br /> 3.Appllc�tio�of P���.U���PPlicable law pmvides othecwise,all paymea able uader puaBrapi►2�
<br /> 1 �od 2 sh�ll be�pplied:fi:at.to anY PnPaYrnent chuges due under tt►e Note:second.to amo+iata PiY
<br /> third.to iwterest due:fouich.to princip�l due;u�d lut,ro any late chuges due under the Nou idons�ttribuuble to the PropertY
<br /> 4.C6�e�es:I.lem• Assessments chs+rges, fines ond imPos
<br /> Botrowor shall pay�ll tues, � �
<br /> ��puy att�in pdority over this Securicy Instrument. az►d leaschold payments or graund rents, if�°��n[imc�di �1
<br /> th�sc obliguioas in the muu�cr providod ia pu�Sr�h 2.or if not psdd in that manner, Bor�4wer sha11 Piy
<br /> to the pecsou owed paYmettt.Bocrower shall promptly furnish to I.ender all motiues of amounts to he paid wider this panigc�ph.
<br /> If Borrowa milces these PaYm�uts direcdy.Bbrrower sttall pmmptly funush to L�nder taxipts evidrncung the p�ymeats.
<br /> gorrower shall protnptly discharge u►Y lien which has pdoriry over this Socurity Inetrument udas Borro�+'er:(a)agrees in
<br /> writing co the payment of the obligation sxural by t6e lien en a�manncrWacxeP�lehe Lender'sbopinion apetx e to preveatlthe
<br /> by. or de f e n d s a gainst a�foccement of the lten ia. 1ega1 P �ot saris factory to L e��d e r subordin�►ting the lien to
<br /> enforament of the lien:or(c)aavres ftoa►she holder of the lien aa egree
<br /> — Wis Securi►y Inun►ment.if Leader dttermines thac any part of che Property 1s subJxe to a lien whict► �li�p�on�or
<br /> this Socuriry instrument,Leader miY Bive Hon°wer a noticx idsndfying t1u lien. BOTri1WC7 6$�II 9ailBgj►
<br /> = more of the sctions set forth nbove within 10 days of the giviag of notice. ���, �
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