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<br /> �,� , . TOGLTHER VIIFfH a!1 the impra�emeats n4w or he�eaRer erested on the prnpecty►.and all easements.aPPtutenanses.an� �;._
<br /> - � . f�urres n�w or hereafter a pa�t of the prape�ty. Ali mplacements and addittons sball also be oovered dy this �Cxuriry �.,..
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<br /> i�sssm�t.All of ti�fc�mgoing is referce�to in this Sec�uity Iastiument as the'P�opeRY•" �_'�,
<br /> ' ' aanvey�i anG t�as tt�ag[is ta�Sat� . �'_-
<br /> BORROWBR COVLNAN7'g tGat Bor�ower is lawfuliy scised of the�estate herebY
<br /> �� convey the F+�P�Y�that tt�Property is unena�m6ered.except fos encumbiauces of reoord. Borrower warrants and wiU �Y,•
<br /> defend$eneraUy the dtle to the Pmpert7+agaiast ail claims and demauds,subject to aay encvmbrances of rocaid. ,� __
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<br /> . �:`•�.. �` THLS SECURTi'Y IIJSTRUMENT combiaes uniforni o�aenants for natianal use and noa-uniform wveaaats wlth limited =_
<br /> : ` variasions by l�uisdicfioa to oon�tiwte a uniform security insdrument covering teal ptopercY� �:^-
<br /> H,:S.-' . 1JNIFORM.COVENAI3TS.Borrowet and Lender coveoans and agree as follows:
<br /> �t and Late Chasg�. Barrower shall promPUY �Y when dtte�the .,�,�_
<br /> - ' 1. Pgymrnt of�rindgal and Iateres�Fa�eFA9m �nd Iate charges due�mder the Note.. ���
<br /> . . principal o€ar.d iatet�st on Ehe debt evide�by the Note and anY piepaYmeat _
<br /> • � 2.Fu�ds far Ta�esaa�Insmrana�e.Subjoci w applfcable taw ar t�a wrluen waiver bY t�d�er•Boirower.shall paY to - .c
<br /> �'"-f,�..:�: l�euder or�t�e daY monthil►PaYal�ts are due w�der the Note,unW t6e Note is pafd'ui full,a eum("Funds")for.(a)Ye�uIY�es =
<br /> '�':,:#.�-:';� :; ori over this Security Instmme�t as a rsea on the Pro�rtY+(b)9e�Y leasehold payment� __
<br /> ' an�ass�s whicb may sttain pri t3' ua�s:i�?Y�Iy IIood ituuianoe p*pm:nma,
<br /> . ,`��� ' � c eazi hazard or pmperty insu�an4e piemi aa
<br /> _ :�.� ; or gcaund r�nts oa the Froperty,if any;( )Y Y �
<br /> '``}•; '�,;��.;°�; if nn}+;(e).YeariY m�S���P��ums. �$any;end(t}anY snms Pa3+abfe by Boimwer w I.eader,m accordance
<br /> -' 'f•�:< .. � A 8, 'sn lieu of tine payment of mortgage insuraace pretniu�s.Tf�ese items are call�°Escrow Items."
<br /> •._ �, .
<br /> ,�..;� .5 - -• the pmvisicu►s af Pasag�aP.
<br /> ' � �"�f:�? ' �ef.��yr at any time,coltect and hold Fonds in an amount u,nt tn exceed the maai�.azs�nunt a t�nder for a fedeially
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<br /> • related t�.t��loaa may require�fai Bomower's escmw ascouat un�er the federal Real��.Seute.ateat Prave�tares Ast uf
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<br /> ..y%f�` f p,g,( 11�CS3 Stit?a�3Et!SW t�lSt 3j3��lP.S t0 l�iC�11[ld3
<br /> .:,:,°�`it" ,;.` . • 19T4 as a.::^`��3�from time to time.l2 U.S.C.Section 260I et s °RESPA�,
<br /> •�::`��i'':,,,-''� sets a lesser.amoua� If�so,I.ender may, at any time, collect and hold Fuads in aa amouat not w exoeed the lesser amouut.
<br /> ��;�;;='-� � #�nder may estimate the amount of Fuads due on th�basis of cwtent data aud e�tsonable estimates of expeadImies of future ,
<br />_ �; "�F�,"`�,c�,',�':
<br /> � Fscrow I�'is or otAerwLse in accordance witb epplicabte law.
<br /> _..�.. ,_...�,. The:'�uuds shai� be held.in en institation whns�deposits are in5ured by a fedesal aBencY, insanmerrta1�tY. or.emitY
<br /> -�, ., .., ,. ; 1 t6e Funds to Nre''
<br /> . "•,., �� � . (irtctuding Lender.if beadet is snch ati institudop)or in az►y Federal Hame I.oaa Rank.Lextder shall app.Y P�Y . ';
<br /> .:����.; � �: �srma It�ms.Lender may aot ct�rge Borrower_for holding and applS+�nS tl�Fa�3s.annuallg aaalyzing We esctow awoum.or
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<br /> '•.",verifyiag thg Escrbw Items.untess Lender pays Ba�rower interest oa the F��<�.�licable taw pezmfits Lender t�make sne�
<br /> � • �' a charge. H�wever.Lender may reqaire Horrower ta p�y a one-tims charge for rar�:iAd�=���rea1 estate tax�eporting s�rv�ce
<br /> � " . ' on with this toan, .uriless applicabte lav+ pmvi¢�:otf�eruvise..�Snless aa a�nt is made os
<br /> ` :ased by..�tder in conneMi er a.�.•ea erest ar earnings.on the Fwtds. _
<br /> , ; -rat�fa 1�rm requires intecest to be paid.I.epder sha31 not be rr,��ed to PaY.�?�' '"!. S . �
<br /> c,�c i�Fti►�i;.��°-»-��o`=�•^RnssF►aer,
<br /> : . :� orm���t41 Lender�nay agcee in writing,howevee..c�iar intes�s;sir�ii oe�a se fat wbich each.'
<br /> . .� � 'e an annual accourrtiug of�the Fu4rds`,•.s�,owing credifs and d�twfi ihe Funds at►d tt�e� . --
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<br /> ''des�a s�;��ds aras made.The Funds are pledg�d as additiona!security for a;R.�ris bea��:1s�€s�is 5�,a?�'t�►�ent• . .. r,:::
<br /> ::;�c � a � ���¢�ads held by Lender exceed the amounts pemiitted tu 6e held by.apq�icable i,�'c�'1f�dAr sGall aecouat W Bo:rocver _
<br /> ?'�r�i�s�',, "' nts of a licable law:If ttr�amo�tt o�i�a Funds held by I.ender at anY
<br />_ �"�,-•_� r�: . . `�foi Qre e�r�ss Fnnds in accordaflr�witb�m4��� PP _
<br /> ,.. :�;� :`s�fie fs not saffccieat to pay the Escrow Items when due,Lender may sa notify�?�}ver in�4tag.and,ip sucb case Barro�rer . _
<br /> . '� . .�:$hall pay to Lender the amouat necessary to anaice up the defi�iency. Borrowir��7 mak�uP the defic�;cY iu,no mo:e than �
<br /> � F .`� .. twesve:c�?t�ity.paYmen�s.at Lender's soie discc�etion. ` . ': � .
<br /> � .t . U�r�ipaYment in fall of aU sums secured by this 5ecauity Instrument,I.endbr shai3.'�mPap�IY�eY�n�t°Borrowet�e ,,,,
<br /> � +' ' .� Fnnds tie�by l.ender.1�under ga�aSra�b 21.Lender shall aoquire a:sell the Property,L��r.prior to:t�'��l�siticm;�r ,
<br /> - , : :} of the Pcoperty.st�aU aPP1Y�Y Fands keld by I.Ender at the time of asquisidon ar sale as a credit ageii�t,t�?s�s�lte�d 4Y. ,.; ,. -
<br /> � �` this 5ecurlty Instcument. • '' • '';
<br /> , `�� 3.A►ppllcation at Feyments.Unless applicabte taw pmvides otkerwis�.all payment�rereived by I���undar�taphs ;9 i Y
<br /> ' �, � ' � 1 and 2 s1�aU be applied•fiast,to anY P�PgYment charges due under the Nate:second,to atnouirts payabie under p$.'�pb Z. �
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<br /> `,'< ;•t.�_..:`'.; :: third.to uuerest due;fourth.w pr�ncipal due:and last,to any late charges dne uuder tt�e Note. , �
<br /> � • � 4.Charges:I.Yeas.Borrower shaU pay alt taxes.assessments.charges.t3nes and imposiaons attributai�le to t�;!P�t�nY . :,,:., _-
<br /> '' ' which may attain priorlry over this Securiry Ins�at,and teasehoid payt�ats or�ground rents.if auyu�orrower slia11 pay .,�4;,f.'.
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