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<br /> Y'E1�ik�1FII'!i WI'I'll ull U�c Intiprm�onu:uts nnw nn c�reuQer erectat un iJt�e propeny, uixl all cnscnunts,��ppurtcnanccv,iin�l
<br /> ti;��ure� �N+w ar hercuRcr n pnrt uf ihit nr��(�ci�Y• All replucen�ntR und uddiNonti tihull ultiu lx covcral hy thls Sccurity
<br /> U;HI�umGnt. AI!ul'thc furc�;oing In mfnrrcd I�i hi dils Sccurity bistrumcn�ns Ilic"Propeny."
<br /> �RRUWI:R C:UVI�NAN'I'9 thnl llurrower is Inwtully �;cincYi uf'tl�e c::,t.:t. i�e�•eGy cunvcycd a�K1 hu� Qic riglu tu brunt att� --
<br /> cumey �he bh�up;ny u�xl that the I�i�cipr.��y ie unencumiscreQ, except fiir encumbrunces at'rec��rd. &irrower warrantti u�xl will
<br /> deioixl ge��erally tl�c title tn thu Pm��r.ny agulnst nll clalms und dem:mdr,r,ui��r.ct to uny encumbrunceti uf r�wrd.
<br /> THIS S�CUR17'Y INSTRUMBNT combincs unlform cuvcnunts for nu�ioioul u�c und no�r-unif��rm ravcnants with limital
<br /> variuti�ns by juris�liction ta constiurtn n uniform sccurlty instnm�ent cavcrin13 r:al pmperty.
<br /> U;VI�ORM COYGNANTS.Hnrrnwcr smd Lcudcr covcnnnt und ugree iis G.rllows;
<br /> 1. Itiyment of Princlpal and intetrst= PreppYn►ent �nd Lrte Chs�x�. �rrower s{iall prompily pay whcn duc thc
<br /> prinr.ipsil�f a�xl interest un thc dcbt avidenctd by the Notc and any prepaymcnt nrxl Into rharges due andcr thc Notc.
<br /> 2. 6bnd�[or Texcs und 4�siu'Anca. Suh�cct to u�plicable law or tn a wcitten wuiver by l.endcr, �er�awcr shaU pay to
<br /> Lxnd�tr on the duy monthly pnymonts arc duc undcr thc Note,until the Note is�;iid in full,a sum("Funds")far.(u)yearly taxes
<br /> and assessments which may attain prinrlty ovcr this Sccurity Instrument ns u lic�n on the Property;(b)ycarly i�asehold paym�nts
<br /> or ground rents an thc Pn;perty,if nny; (c)ycurly hoturd or property insumncc nremiums;(d)yeurly flood insurancc premiums,
<br /> if any; (e)yearly n:ortgega insumnan p�miums,if any; wid (�any sums pay,sii�le by Borrower to Lender, in accordance with
<br /> thc provisions of pnragrnph 6. in Ifau of dic pnyment of mortgage ynsurunce pr�:rniums.These items nre called"Escraw Items."
<br /> Lci�dsr muy, ut any time. coflect nnd ttold Funds in un amount not to eac+°.ec[ ¢he maximum amount a lender for a federally
<br /> relutod mortgnge loan mr�y require fm•iiori�wer's �scrow nccount under d�e fc:e3eral Reul Estate Settlement Procedures Act of
<br /> 19T4 as anxnded from tinx ta time. 12 U.S.C.Section Z60t et seq. ("RFSP/�."),unless unother law that applies t�the Funds
<br /> sets a lesser umount. !f so, Lendur n�ay, at nny time, collect and hold Funds cn un amount not to exceed tho lesser amount.
<br /> L.endr.r mny estimnte the a�nount nf[�ui;dA duc ou che basis of current dntu�-r3t�oasonable estimates of expenditures of future
<br /> E�crow Items or othcrw�sc in nccattlunce widt app"i..n51c law.
<br /> Thc Funds shull be held in en instltution whose dcpasits are insured l�y a foderal agcncy. inst�umentaliry, or entity
<br /> (including I.encler,if L.ender is such ni�institution)or in any Federal Ho►nc l.oan Bank. L.ender shall apply the Funds to puy the
<br /> Escrow[tems. l.ender may not chnrFe an�'Awer f�r holding und applyiug tlie Cunds.annua[ly analyzing the escrow accaunt, or
<br /> y..r�f�l,�o�nP F?.rmw le�:ma.unless I.endcr pays Dc�rrr7wcr intcrest on the�un,ls and applicable law pern�its l.ender to make such
<br /> �cl�arge. However, Ix.ncicr may raquire BorrnW'cr ca�+ny a one-time charfi�e f;�r an independent reai estaee tn.�rcporttng service �
<br /> used by Lcnder in conmxtian wlth thls loun, unless applicable la�v pc�a��;llcs otherwise. Unless an agrcz::nent is n�ade or
<br /> � a�licabi:law requircs interest ta be paid, Lcnder sh�ll noc be requined tc►��}�@orrawer any interest or eamings oa the Funds.
<br /> $urrower and Txnder may agrec in wrltui�.t�owever, that interest shall De�;�rw on the Funds. I.ender sbaU give to Bonower,
<br /> without charge, w� annual scwuntin��f the Fuixis, show[ng credits nnd deEr'^�s to the Funds and the purpose for which each
<br /> dcbit to thc Funds was madc.The I�unds are plodged us additional security for aJ.I sums scxurod by this Security Insuwrnnt.
<br /> If the fiunds hcld by Lendcr cxcad thc unwunts permitted to bc hetd by a�aplicable law, I.ender shall account to Borrower
<br /> for the excr,ss Funds in accardanca witl�the rcquirements of xpplicable law.If'rjx amount of the Funds tield by La►der�t any
<br /> time is not sufficient to pay the @scrow Items when due.Lender mAy so notify F3orrower in writing.and. in such eiue Borrowe�
<br /> shnll pry t��L.ender thc a�nount nccess�uY to n�akc up the deficiency. [i�rrowcr. shall makc up the dcficiency in no moro than
<br /> twcive monU�lY paYments,at Lendnr's sole discre�inn.
<br /> � . Upon payment in fi�ll of aU sums secured by this Sec:urity Instrument, 6.endtr shall pmmptly c�efund to Borrower any •
<br /> Eunds held by Lender.Tf.undor parxBrnph 2l.I.ender shall acquire ur seU d�e L='mpeny.Lender,prior to the ocquisition or sale
<br /> mf tM:Propeny,shall apply any Runds hcld by Lcndcr at the time of ucquisition or sale as a credit ag�inst thc sumv servred by
<br /> this Socurity Inst�umcn�.
<br /> 3.Applkatlon o�PaymMitF� Unless applicable law provides otherwise,o1�t payments received by Lend�r under pa�agraphs
<br /> 1 r►xi 2 shull bc appliod• fi�st.to any prcPaY��t charges due under thc Ncx�.; second. to a►nounts payablc undeE paragreph 2;
<br /> thtrd.to interest due;fourih.to principal dua; and last.to uny lute chargcs due under the Note.
<br /> 4.Clsarges;t,tes�.Borsntvcr s4..�!!gay �U tnxes. assessments, charges,!ants and impositions ettributable to the Property
<br /> which muy ottain priority o�er thi�Scrurlry Iuskrument, and lcutiehold pAyr�ents or ground rents, if u�y. Borcower shall pay
<br /> � these obtigutions in the manner pmvidcxl in piu�a�,ci'�ph 2,or if not paid in thrr.�smnner,Borrower shxll�+a them on time diroctly
<br /> a�t►us person ownd puymcnt. Borrower shall pixx�rptly fumish to Lender all Lx�tias of unounts ro be pYic7 under this Faragmph.
<br /> if B�rrower m�lces these payments dinY:dy,Br►rrawer shall promptly furnisli[o Lxncier receipts cvidencing the payments.
<br /> 8urruwcr shull promptly disaltxrgc any licn which has priarity ovcr Q►is Si.�curity Instrument unless Borrower:(a)agrees in
<br /> writing ro thc puy�„xnt of the ob11En8on see:urc�d l�y the lien in a man�xr xcc.•e�{�table to 1.ender; (b)cnntest�in good faith the lien
<br /> by, or defends again�t cnforeement of tl�e li�y� en, legul praccodings wllirh: 5n the I.ender's opinion n�perate to prevent the
<br /> enfoc�ement of thc lien: nr!c)sccures fmm tlie�ioldcr of the lien un agrcement satisfactory tu Lend�r s�ubordinating the lion to
<br /> thte Securiry�nstrunxnt. If L.ender determines tl�xt any part uf the PropciKy is subject to a lien which may attain�riority over
<br /> diis Secar.icy i►utrunxnt, Lendcr ntxy gi�'e Borro�vcr a nutice identiPyin�the lien. Barrowcr shall satisfy the licn or take one or
<br /> morc af thc octior�sct forth ubovu�vithin 10 duys of thc giving of noticc.
<br /> Form 3028 9180
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