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<br /> �_ "s.�., TOtiETZiLR W1TH all the improvemeats no�r oz�emafter�d oa the praperty.and atl easements.aPPuxteaanoes.aad
<br /> ` �`� °-° fixtures aow or h�eafter a �rt af the P�P�Y'- At} rep�$o� and additions shafl also be oovered by this�Security .�
<br /> �'`��:,'. :''; Insuume,nt.A}1 of the foregoing is referred tQ ja thss S�ity�astrument as the'Ft�nperty." '
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<br />•::�:. -,�.�W . . . BflRROW6R C+�VENANTS that Bo�rower is lawfWty seised of the estate hgirby oQnveyed and has the right w gra�aacl
<br /> . • oonvey the Fropet'ty and that the Froperty�S uneacumbered.extcep!for ensumbranaes of reoord. Borrower w�r�ts end wilt
<br /> . . `� defend g�eraliy the ade w the P�estY against aU etaims aad demands,subject w any encumb�anc�of�ecorc{.
<br /> � ', `
<br />. ;'"�'* T[iIS SHCURITY INSTRZJMENT oombit�es tuiiform oovenants for�arional use aiul notrpniform covenanLs w�th limited �-
<br /> _ -'=`�--N� variat�ons 6y jarisdicxIon to consdtats a unifatm s�uity' _.s_arvedng re�al property. � �
<br /> mctmm rrt
<br /> �`s"''.� ':�'•.'-'` tJ1�TIFORM COVENANT�.Bormwer and I.ender oovenant mad agcoe as foltows:
<br /> - �: ��.
<br /> Y. Pay�teat of Priudpa!aad Iuteresl;�yateit ana Late Chatges.Botmwer sHal! P�mFUY PaY whea due ttte , _
<br /> _�. < .�,``�%;� � prir.cipat of and intemst on ttie debt ev�denced by the Note and any pnpayment and lnte charges dae uuder the Note.
<br /> :��', ` .. Z..Fuuds for Taxes aad Insoian9e.Subjeci to ayplicable law or tu a wrltten waiver by Lemdec,Butrower simll pay to
<br /> • ..<�:�=Y�:,� Lendea on the day momWy payme�tts are due�sr the Note.untiI the 1Vote is paid in fnil,a sum E"Funds°)for.<a)Y�Y�� -
<br /> .`•`�.. and asses.aneass wtuch may attain priority over this Secarity�meni as a lieu on the Property;(b)Y�arlY leasshold payments
<br /> : � _ ��� or g�omcd�tts on the Pr�P�Y.��►Y+f�)Y�Y b��P��Y���(d)Y�Y tloud'msuraaoe piemnims.
<br /> `� , : , :��':. ��y;fe)Y�Y����ce�P��,�aay;and(��anY sa�ms Payable by Bomnwer to Lender,in s000rda��witt�
<br /> � the pruvisions o€�ara�graph 8,in lieu of the payuceat of mort�age insntan�pr�miams.These items are caUed"Fscmw Items.°
<br /> .:`. •�.,�: Leuder maY;at au3+tia►e.collect aad 1�2d F�ds��n amnnnt not to ea�the maximum amount a lender fos a fedeiaUy
<br /> ':�:.,'�,, �,, te�ased mortgage loan m�y requi�for Borrower's e.�.."iow aaaanut nnder the fedeial Reat Fatate Sew.:u�Pi�ce�'ores A.•of . � ._
<br /> �,`����"`��.�. � I974 as�me�ded frr,m time to time, 12 U.S.C.Section Z60i ez se9•(°RESPA%,tmfess aaother taw thaot applies w t!�Funds
<br /> � ��,•.:.�, .
<br /> ��. .";� - � , sets a l�amioan�If so.Leader maq,at'aay time,coltect aad hold Funds in an amount uot w eac�e6 the Iesser maoui�i. .-
<br /> � =---- --- `� � ,�Lender r�estimate the amount at'Funds due on the basis of wrm�nt data amd�reasonable�of�p�iri�of fapue -
<br /> 1� ... ��- Escrow Itenns or othenvise ia acxwrdaaoe a+iW agplicable Iaw � .: • . ' � -
<br /> , : T�Funds sh¢l! 6e peld iA ari institation arhose deposIts at�e insured'�r a federat agency. insi�o�neataUty.ur e�ity
<br /> " � `'`'`'�` ` (inchidin$L.ender.if Lender is sui�'aa instifutlon)or ia any Federal8ome Loaa Baak.Lsndzs si�all agpIy tbe�imds W,pay the
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<br /> . , �. �;:'�"���. � Ese�ow��rms:Leader aot �3�naawer far holding and appIying the Fands.anaaallq'auatYzing t�e escrow a�v�urt,or.
<br /> . maY chazg..
<br /> ,: --->'-"`,�:.�� ' 've�rir,�efiie Fscrow Icems.aaless Leuder pays Bonoaer iaterest on tbe Funds and ap�cable law pemiit&ieader to ma�e such
<br /> .:.:;�`�_� .; :: ��' �.:�a charge_However,i�ender mal+require Borrower w pay a one-time charge for aa indep�t real estate�i�wrt�ng sen+ice
<br /> �.,
<br /> . .•�: '.:;.�ssed bp.�,euder in w�ctian witS this taan, ual�s applicable !aw pravFdes othernvise. Unless an agii�ent is made or .
<br /> • �.�. ,�apptic��aar raquires iaterest to be paid,Lemier shaU not be ceqairpd to pay Borrawer siry interest ar eaznings on tir�.�ands. •
<br /> . . �� �'�� . '� $orrc3�ct��i�ad ixnder may agree in wrtting,however,t�at iutemsf sha[i 6e gaid an the#�w�ds.I.ender shall�ive�a.�rex,
<br /> . _.: withu�ii eIiaege,an annnal acrnu�ing of the Funds,sliowing c�dits and debits to the Fuads and the pnrpose fos�ti',:.r�i�each,
<br /> r` •
<br /> '��'� ' ' .debit w ttte Funds was made.The Funds are pledged es additional secariry for all swns s�ured by this Se�aity Insdrumeni.
<br /> �"�.���, . If the Fuuda held�tiy Leader exceed the smau�s pemriued w be 4e1d by apglicab2e law,I.c�der sha"..4;mdeouat to Barcawer• '. .. --
<br /> , . for the exaess Funds i�i accardance w[th We�enta of applicabte taw.If t6e amount of the Funds�l4:id fsy�Iaader.at any
<br /> _ . . ti�e is uot suff�ient to pay the F.scrow Items whea�dne.Lender may so notify Borro�ver in�sac�g,'and,in s�cb case�}�wer�
<br /> .' . . :'�,�• shall pay to Leuder the amannt necessmy to matte up the deScieacy. Borrower�ahall make�p the def�cienry in ao mbre than '
<br /> ,' � ta+elve moatWy payments.at Lender's sole discretiun. .
<br /> .., 'r' . ' � Upon pay[ttent in full of all sams seeured by this Security Instmmeni, Leuder sl�all PmmptiY i2C'md w Borrovrer any
<br /> �; ; �,. , �.:, �>: ' FnAds hetd b Lender.If,under para�raph 21.I.ender shall re or sell tbe Pr p
<br /> :..,,. . 'I:� . Y acqal e aperty,I.endee.Prior to 617��s�tion or sale
<br /> of the Prbpeaty;shall apply azry Fands held by Lender at the time of ar,qnisit�on or sale as a c�dit against't}�e suau�by
<br /> � :, . _ thi5 Sec�iity Inst�n�cem. �� � r��`� � -
<br /> _ _� - :, ��3.A�pifs�a af Peym�ts.Unless a�piicah...�!aw pmrr�des othezwise.af!payat�nts receiv�iry I.�rr'�t under paragraphs
<br /> _ _ :'`..�,;RT� .� i sad 2 shall be agplied:first,to anY P�P�R'�'�ea due under the NcsC�;secand.to amounts pay�Le iindEr Iiatagraph 2: : ';;:.
<br /> �,��.�• '_ '� Unrd:to i�ter�t due;fouYth.to prir�ipal due;a���sr,to any 1�Ste cbas�s�:o�d�the Note. � . . � � .
<br /> . y._L`. 4.CDa�ea;Ueas.Borrower�I�u�Y��aY a11 taxes.assessmre�s.char8es,�fines anA imposItioas amibutabte to t'&e L�rapeny
<br /> -° .-: . ~,.; � which may attain prioriry over�his�t�ry Insnrament,an�teasehoid paymema or grvund rents,if atty.Boxr+nwer#�l�aY
<br /> `::�;,:. ��� ttiese oblipstions in the mai�ser provi�ed in paiagaph 2,or if not paid in thaaR mann.er,Borrower shall pa�;t�em on time dire�tly
<br /> ` i�,:� t
<br /> , '.�.� ;. �' to ttie pe�son aared paymenG Borrow�et&haU pra�+ly.Pomish to t.endet all nobioes of amomrts to be pz�df i�der this paragraph.
<br /> . ,� . .+:� ,. �f Boaower makea these payments directly.Boreuavar sha11 promptty fnmish to Lender.receipta evRdertci�;�i:e payments. .
<br /> ''��•` 1 Boarower shall pmm�ptly discharge a�r lica�c4hicb has priority over this Seauity Instnimeat anless�onow2r:fa)egrees in
<br /> . • : ,,•;. . : �-:: . .
<br /> � :_;; � wrItiag to the payment af the oDligatioa secured by the tien ia��.nann�r acceptable W Leader;(b)cont�sts in goad falth the lien �
<br /> . ." ;�;�j . by. or defends against enfarcemem of the lien in; legal pro�e0,ings ahlch in the[�eadet's op3nIon oge�ate to pteveni the
<br /> . • ;�° enforcement of the lien;or(c)secunes from th�twl�r of the lien an a�ni satisfactory to Lenaer su�ordinating tDe lien to
<br /> _ .� :W f �. this Sec�uity Iasqumcat.If Leader detr�t�&ali�y ptut of the Progerty is subjeet to a,tien which c�ay attain priority over '
<br /> ��;,:��,:;�: ; tlus Security Insttument.Lender ma�,r gtve Bomower a notice idgatifjring the lien.Borrower shall satisfy tt�e lien or take ane or
<br /> ..,::�,;,.;..
<br /> .:,:;t:,:;+ :,�:�� rtwre of the acttons set forth above vrithin 10 days nf the givin�of notice.
<br /> � s Frnm SD� 8180
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