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<br /> `�-" .: ' 'l�(3t3FsTH�i W1T�I thc rovemeats novr os be�eaRes ereaed on the propeity.and�Il e3sementc,�. � .
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<br /> { fv�wRS aow or Iieteaftec �part of the pmp�tyr. All replaoemeata 2md addidams shAll aLso be aovered by this �ry � .
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<br /> _�4. ir+ctmment.AU of the foregaing is mfemed co in cbis S�arriry Iasawnenras[he`PrupeKy." �"
<br /> : :`�.. `•.. BURROWSIt COVENAN'tS that Bormwer i�.f�v�E'utiyr seised of t�e estatc bereby eameyed and bas the ag6t w grant and ' �
<br /> � � . : canvey the Property and;t6nt thc Pcoperty is uneucum�Beca�.except for encumbrnaoes of�ecard. Borrower wanaats and wili �
<br /> ' defend geaeraUy tfle titF�to the Property against atU riaims and deonands.subject ta aayr enc�brauoes of cpcord. � , , T
<br /> : `� TWS SECURTE'Y INSTRtINdENZ`combines uaifasm rnvenants far natiocwl use aad aan-unitorm cavenants witb iimited
<br />. �` � variffiions by jnrisdicdan to cons�3tute u unifomti secvrity instrument covert�g n�l properey. ' ,�-
<br />- . ��z',• UNIFO�iM fOV�NANTS.Bomuwer and i.ender oovenant end e�rcc as follaws:
<br /> ' �..<<. � . t. Fqynt�nt of P►�tr.dpal cad Iatearsl;Pirep3yraeat naa!t�►te Chnr�es. Bomawer shall promptty pay when dae Ne . _ �
<br /> �`.��; - � principal of s�d intsr�t on the dcbs eeidenad 6y the Note and uny prepayment a�i a te c h n r ge�d ue u�er the Note. __
<br /> ;• . '. . � ' a. Fuitd� for Tax�nnd tusu�ence.StctrjectYb'appilcabie ta�v or to o written wnir•+er by i�ender.Borrowes st�al!pay ro =
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<br /> .. ,�.}�., ' l�nder on the day manthly paymcnts are due unQer the Note,untll tRe Nata is paid in tb!!.n sum t Fuicds)for.(a?y�1y.tm�a _-
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<br /> . ertd essessments which m•ry att�in p�tor�ry o�t this Sectsdry tastrumeat cts a tien on the Property;(b)yearly te�sghotd�yt�►s °'
<br /> . or gtoust0 renia on the Propetty.it aa,y:(c)Yeariy Gazard or prnperty insurartce�remlums:(d)Ye�riY Qoal_�ps4u�uoe Ptemiums� F
<br /> .,,"`;�. `: . if siny; (e)Yearly caortgege insurnnoe prnmiums,,if�►y;anA t�uny sum.g payable 6y Bormwer to Lendg���itrsqoordanee�vith �
<br /> ..-'"�',�", .� the provistons of parugraph 6.1a lien af the payrne�ic af mortga�e insuraase pmanitime.These[tems are ca11o�''�sCraw Items.' _-
<br /> � � � . .•� '�` . �der may. at_a�time.wliexc end�old Fuada Ia an amount not ta excee�ifte nmaiauim amaQat a lentter for a federally _
<br /> �,' • . . :� � reT�ted mortgage toan may require far 8amuwer's escrow mocount under the federal Res1 Estate Sr.ttterae�t Arooedtues Act o� ' �
<br /> ,.; ,�.:�'.,�`; �;` I974 as amended fmm cime to time. 12 U.S.G S�ctia� 2601 et seq.("RESPA•).untess atwthes!aw that applies to the Fatbds ' -
<br /> , �,.- �,,, sets a tesser amooM. If�so.�.ettder may. at any dme. wUect�d holA Fu�s tn an amoant aat w exceed the tesser smnunt _ -
<br /> ' ' ,.. Lender may estimate the atnouni of Funds due on the basis of curient d�and�reasonable estimates of experditures of tk�tn�
<br /> .,�•`` : ;-: Escrow Items or athera�+ise in�accoNance wiW applicable law. • _
<br /> � � � r;' � T[ze F�ds shaU be hetd ia aa iasHtu�on wh�tse dePosits are:insure�!by a federal agency. instrumeutality,ot eadty . =
<br /> ` -- ';:� : (ia:Iadiag Lender.if Leltder ls such an institation)or ia any F�eral Home Loan Baag.I.ender�all aPPly the Fvnds ta pay the. -
<br /> . .'L�';. . $scmw Items.Lender saay aot•ct�arge Bormwer far koldiag and applYIag the F�a.ds.aimualiy.anafyzuig the esccaw axouqt.or-.
<br /> - �• � ;' ve:ifying the Escrow Items,ualess Lender pays Bormouer intc�est on th.e Fuads and appli�ab2e law.perznsts II�ender to make such
<br /> y_;<`'•:•.:, :` ?`'�-. a chat$e.However.i�adcr may�na B'onvwer to pay a ono-time charge for an independent�at�:�sii repon�ing senrioe �.
<br /> � �;r',.s�` f�t�. ' used by Lender in c�uuneedon wIth th9s l�.nniess applkabie law pravides othetcvise. Qr�tess an a�eea�t is'made�or .
<br /> :..;x�l�;,�.%. •'`��'�.� appiieable Iaw re�inte�st w he paid,i.ett�eic shall not be requiied to pay TBorrawer aay inte�ast ar c�mings�an t��Funds.� �
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<br /> <�., � .',..:` . .�,4��>�r:�:� Bomawer end Lender!x�Y agree ia wri6n$,ho�sc�.that interest shall be pald on flte Funds. Leades�l g�ve to Bono�ler,� -
<br /> ` Y� , ,vtithout charge.an�anual aetqunting of the Fl�,;.:sho�ving crediu aud de'bn�$to the Funds end tfre e for which each' --
<br /> .. S,..;,de63f w rhe Funds:waa�mde.The Funds are pled�ag addittoaa!se�urity fo��sams secaned br�r.this��Insuament.
<br /> _ l��� ';`•�.,c�, .. if st�Funds�ie:�.lay�E.ender e�l the permitted co be held 6y.appSicable law,L�nder s0ooam io Bfltrower ..
<br /> �"� '.�,`,�� ,t rdance witH ttte t�eint�of law.�B�i3�aataunt of the F�c�'fi}r�l�st aa . _
<br /> '.�,f .for the.�ess�ds�zt xcco $PP�� , ,� Y
<br /> " ' .��5 i y�fine Is not sufl�dei��!p�3+tfie Escraw Items wla�y��e,.Eender may so aoti�.-.Rb�eiovier in wrIting,a�,,:�ti.sttob case Surcowes :�-
<br /> .,,r�, �`�'•st�ti PaY w I.endes t�:�mnuat n�ssaiY to mau��:the defcieacy.Borca�•sl�all�take np t�e dr�A,�tiGy iii an mo�e tt�a� -
<br /> ,,;;i �', S�: tweive mont�Y Pay��at Lendea's sole d�sc►�Y�. � �,"''�" ._
<br /> -,f,��'v,'f�t 'y�: Upon�paya�ent in.�l of alt�aser�ntec�,8y fhis Seauity Insu'ament. I.ender s6a���tcumg3lp��nd to�artower any -
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<br /> � '�``f Y'.1�j�F,, �FunQs held by I.ender.�;,;,nnder .�c'::�ni 21,�L,euder sba�l a or sefl the ` b��to.the acqui�idon or�e � _
<br /> Le d cquire PtopcnY.L�cE�t 1�I
<br /> �� ,��`� . of the I�toperty.sh�1L�q.any Puf�Ys�eld by�.ier at tite time of acquisit�on os sate'a���.it ag�s3ri��$4e 6uiqs�secure,�by. .
<br /> w � �r��: , . : . ., ,: .
<br /> :�"' >11:.,-:; tbis5ecurity.instrtttae�'ft,;'.F. . . . � ; .: , .:
<br /> , 3.Appikatton oY�'ay�neuts.Unless appb�iaw provides otherwise,all payin�nte�,�ei'ved b�`�,¢�i'iinder Paragraphs
<br /> ;,:; .l and 2 shall be a�y�ied: first,w anY�P1eP�Ymext��harges due un8e�the Notet second,'�c:�aaiaimts Pa3+ab1�under patagapl�Z:
<br /> - ' ��"" third;to interest due;fourth,fo prinapal due;and last,to airy late cl�azges aue under the Note. � .
<br /> �. � ,:: �g
<br /> �` ��` 4.Cbarges;Llet�;8orrawer shall pay akt f,�es.assessments.c,HarBes.6nes tuul impos�tians sun�ble to the Propert�i
<br /> '`�� �;s�:�� wbIch may attain prio�y over this Se�urity I�ment,and l�olcl pay:r�ats or gnunnd reats,lf en�l�Horrawer sl�a[1 pay
<br /> ' ' """'��a �these obligations in tbe�anner pmvidBd in pai��ih 2.or if sot paid in tliaat•manner,Hoaower sh�ll�.r�ham on time dic+ectIy ;
<br /> �.,5� `
<br /> " - : . '.._�`;�'�, � to tIIe geraun oar�d payment.Bmrower shaU proa�ptly fumisfl to Lender eU nottces of araounts ta be p�3 under ttus p�ragr�+ph. .
<br /> _ : "��.t�i If Barr�wer m�lces these paymenta direaly,Bormwer shall promptty Pornish to Leader rereipts evldertcing the p�yments.
<br /> -. ''!��, Bormwer shall promptly dischazge any lIen;�6ich has priority over thts Securiry Insm�meat uniess.�ar�ower.(a)agrees ia •
<br /> � ' . ' :�;�f� wri8ng ta the payment of the ob2lgation secucei�iby the lien in a manner aoceptable to Lender.(0a oort�c�s�n goocl f�itb.the lien
<br /> ' .,�� by,or defe�cis against emfarccmem of the�iert ln. legal groceedings�whicb in the I..eaden's ap�:�:�,.:�rate to Aceveac the.
<br /> ; ei�fforcement af the lien:or(c)secums fhom the ho2der of the lieri aa ag�oetaert satisfact+aty�ts L��;St�bon9insciag tho tien to
<br /> . ;,:s ti1�s Secarity Instrument: Yf txnder dctmmines that any part of the Pmpet�.ia su�ject to a lien whia2y'�ay attain prio:ity c�ver
<br /> � ' ttila Seau�ry Instrument.I.ender may►give Botro�vcr a notice identifying dla lien:Horrawer shali satisfy�tS�e lIen os take ome or
<br /> :. .,:�...,.,� `� more oFt6e act�ons sex forth abwe within 10 di�ys oP the giving of noSce. . , ,. _
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