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<br /> WITH all�he Impmvement�now or hercaBer ercctod on the propeny, �n�+►��`u`"„�IVCrMlpbu tli sn3eca►i Y
<br /> TOG�THER ��� �����nts and aclditions shall alsu t�c Y
<br /> fixtur�c now or hereatler a pan of the praperty.
<br /> Instrument. All of th�faregoing is referrod to in this Security Instrument us the"Pro}�ny."
<br /> AORROW�R COVEh�ANh SProat&�'OW'�;`�pW�i�Y��X�p°ff�r�e�cumbrun es f�rec ds Borr wcr warr nts�mxl�wtil
<br /> convey the Property and P� ',
<br /> defend generally the title to the Property a8a�nst all cldms snd demands,subject to any encumbrnnces of record. I
<br /> TH1S SECURITY INSTRUML�NT combinFS uniform covenants Wr aati�mal use at�non-uniform covenants with limital
<br /> e�ariattong hy juriuiiction to constitute a uniform secudry instrument covering rea�prope�ty.
<br /> UNIFORM COVENANTS.Borrower wxl l.enckc covensni�u�1 agv�.c as follo:as: A �rhen due tlx
<br /> 1, p�y�n� u[ p�ncip�l And Interest; PreWYmwt And I.ote Chwrges. Bonower shall promptly p y
<br /> principal of and intenst on�he debt eviJei�ced by the Note and any prcPaYment and Istc chargcs due under the Note.
<br /> 2.FuudA ior TAxes And Insur�nco. Subject to applicable law or ta a written waiver by I.ender. Borrower shall pay to
<br /> I,ender on tt�ciay monthly payments are due under the Note,until the Note is paid in full.a sum("Fu�i1'o�hQ��y�n� ,
<br /> a�d assessments which may attain priority ovice this Security Instrument as a lien on the Pr(a y�iy fl��nsurancc premiums,
<br /> or ground��ts an the Propeny.[f any;(c)yearly hazacd or propercy insurance premiums;
<br /> if any: (e) yetaly mo�B�B��nsurance premiums, if any:and(� anY sums puyable by Borrower to Lender, in uccordana with
<br /> the provisi�m nf�g�ph 8. intl'iau�ohold Funds�in�anmanx+untenut to exceca tt:emmn.�m m�pem°un�t a lenderf ar a feJerally
<br /> T,,�nder may, at any tims. collx
<br /> related mcrtBaBe loan rn�y require for Borrower's escrow account under the faderal Real Estete Setdement Pr�ed0�Funds
<br /> 1974 as amcndod from time 10 titne, 12 U.S.C.Section 2G01 et seq. ("RES°�►"),unless enother law tlnt epp�
<br /> sets a lesser ts,�te h�amount�of Funds due on he�basiscof c�umntddetx and r�asonablenesdmates of�Zpenditures of future
<br /> �����y licable law.
<br /> Escrow Items or olherwise in accordance with app '
<br /> 'llic Funds shall Ue held in an institution whose deposits are insared bY e fcr�=rel a6ency, instruma►tality, or entity
<br /> (including Lender. if Lender is such an institution)or in any Federa{�iocl�e 1..°an�un�. u�er shallZ'�p thz�escro sccount,ta' ,
<br /> Lscrow Items. L.ender may no�Cha�'ge Banower for holding snd app�Ying the�nds,� l��le Isw permits L,ender to m�ke.auch
<br /> verifying the�scrow Items, unless I.ender pays Borrower intrrest on th�Funds and spp � �i stxvice
<br /> A charae. �owevec, Lender may require Bon'ower to pay a onatime chaz�e!or���i"d�U���ag�� �s mAdp.ur
<br /> usal by Lender in conhcctidn with this loan, unicss appii�:ati:: !«� p•
<br /> e�pplicable law requires intezcst to bc paid,Lender 6}uill not be required to pay Bo�h���a t��e rshall�give ro Borrowa.
<br /> gorrower ud Lender�riaY aSrce ip�'i'����'�S� however, that intcrest shall be paid• �tie or whiGh eech
<br /> ..,ara..,�r�hnree. an y►nuA1 uccounting czf the Funds, showing craiits and dcbi���t�a�ha�und�and����ty�'St��t',,,
<br /> debit to the Funds wis mad�.'fhe Funds�are plalgea as uadicio�uu:.��u�•�r •�•�.•�-..._
<br /> If the Funds held:bY�.end�r excetd the amounts permitted to be h�ld by uppll�ablo law;Letxler sh�Jl a�caunt to Borrower
<br /> for the excess Funds in accordance with che ce9uirements af applicable law. if ihe�mount of the Fu�b�e1d bh���Wer
<br /> time is not sufficient to pay the Escrow Item�w�heke u�e�d ficiency Bomowe�r�shall em�C pt�he deficierxy in no moro th�n
<br /> shwll pry ro Lender the amount neassary P
<br /> twelve monthlY paYments�at L.ender's sole disccetion.
<br /> Upon paympu in full of all sums sxurod 6y this Sa:urity Instiument, Lender ���pnp�o��u$s tion or sale
<br /> Funds held by Ix�dcr.iF,under paragraph 21,Le�der shsll scquire or sell the I'rope►tij+,
<br /> of the PropercY.stull ?il+�'�Y+�Y Funds txld bY 1�ender at tlu time of acquisition or sa.le u a crad�t�Sa�nst the sums securod bY
<br /> this Security Instrument.'
<br /> 3. dppl{cadon oi PRyments.Un1eFS applicable law provides otherwise,aU paymems reaived bY �ln��nd�P�'8�
<br /> 1 and 2 shall be apQlied:first. to Roy pnpaymei►t charges due under the Note: sexood,to amounts pay P�BT�,
<br /> third,to int�rest dur fauRh,to principal due,arid�ast.�°nnY�ate charges due undar the Note. �
<br /> 4. Cb�r�es;l3e�s.�t►,t'r,'�wer shall pay a11 taxes,assessma�ts,charges� fines and i►nPositions attribu�nblC to tht8�p�Y
<br /> which miy attein prioriry.aver�his Socurity Instn�ment. and leasehold PaYments or ground rents. if any,�btroWyr. , . WY
<br /> ra h 2,ur if noc p�id in that manner, Borrower shall pay thc�i'►an'tlinc':dir,o�1Y
<br /> theee obligations in the mat►nct pto��ded in paraB P
<br /> �o���n�W�p�yment,$orrower shall promptly fumish to Lrnder all notias of unoants to be paid under th�n�!�!�irn[��
<br /> If Bomower mak�s t}�sC;i�aYments directty.Borrower shall promptly fumish to Lender rx.eipes evidencing thc PnY
<br /> Borrower shall�ionipt�y d►scharge any lien which h�s prioricy over this.Security lnscrument unless�octuwer: (a)agrees in
<br /> writing to the payroc[+►�f'the obligation secured by the licn in a maz►ner acceptnble to Lender: (b)contests in good fsuth the lien
<br /> by. or defe�nds ag�ingt enforament of the lien in. lcgal proc�rodings which in the Lu�der's opinion aperata eo prevent the
<br /> enforcemei+c of the liea�:or(c)secun:s from thc holder of the lien An a8ra'nests ti��o a l e whidismay attain prionty over
<br /> this Socuriry Instru�ieut.'If L,�nder determines that anY pan af the Property � 1
<br /> this Securiry Inst�ument, Lender may g►ve BorroWer a noti►.,e identifying the licn.Botrower shall satisf}r_the lien�r take one or
<br /> moro of the actions set forlh above within 10 days of the giving of notia;. Fa,,,ao�s ar�►o
<br /> Pp�Y ol E
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