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<br /> �:+�i 'I�OCIBTHER VI►ITH dl �hc improve�rt�►tt naw or hereatter erocted on the ProPen�y,and all casemu�ts.eppurtcnances
<br /> ..�:-�.� flxuues now or ha��fter s part of thc prapeRy.All rcPl�cemants and addit�na shxll also ba coverai by thls Socudty Insaucncn� -
<br /> ::. �, �111 of tltie fcxegoing i�rofared W in this SuctuitJ�Itt4tn�+txnt as the"AroPatY.�� _.
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<br /> . - �r BORROWBR COVANANTS thtR Bazrawa is I�wfu�ly aciaed of the cstata hereby convoyod anA ha�tho dght a grant and —
<br /> . convoy the ProPertY �d thu the PmpectY is un�ensun►t�erM�exapt for encumbrance.g of recard. Borrowa warrants and wlll _
<br /> �. defeaid 8eneiallY tho tiUa to the PropeKF ag,a�st a�l cla�nns as�d demancis.subje�ct to any enc:umbrnnces of rec�rd. '.
<br /> ..,•.�h THIS SECURITY AVS'TRUMSNT G°mbi�ass u"�f°rm �°venants for naaannl use and nan•unifarrn cc�yor�anta with limited
<br /> . '.,- vari�ibns by jurlsdicdon m constltutn A anifarm s4curiry instruiment cove�cing real property.
<br />::,y,uw '' when duo tho
<br />... c.,. . UI�TIF�ORM CAVIINANTS.Hormwer and l.t.ndet covenont end a�gree as fallaws:
<br /> '" '•r 1.IMymeat ot PrinctP�1 and Intaresti�pAYiuent�nd Lxte C6s►r�e�. Barrowu shtdl pranpAY PaY
<br /> �u
<br /> ��;,� ment and late chargos dua under the Note. __
<br />�_;;y: princlpal of and inoatist on the debt evidencad by th�Ncrto and anY PrepaY _
<br /> „��,t�7 lic�bla law a W a writtun wsivar by LenrteL Borrower shaU pay so
<br /> ,.. ,7 Z.�ade fnr Touces aarf Insurana. Sat�xt ta app
<br />-:, '`.;� Lender on the d*y monthlY AsYments aca due wxi�r the Natc,unCl tho Note is�►id in full,a Rum (,"F�i earl le�ehald paymeate °-
<br />'`��"`":. ovar ihls Secw'Ity Iasuumant es a lion r�n tha Pro�srtY:(b)y Y
<br /> --=��� and a�smaus which may at�an Priorit!' mFUrance prr,miuma;(d)�rtz�t�y fload insurancts Pmaniums.�f
<br /> �=�'=r n or gmnnd renus on tha Prop.�.i�enyc(c)Ye�ly haxard or propc�tY� ---
<br /> �'�==*:� pny�(e)Yea�lY mos�a8a lnswance Pnmiums.if eny:and(�ar►9 suma paYa6la by Borin��ver to Lenda,ia accordance with the _
<br />_':�$� provisions of paragcaph 8� in liw of tt�e paYmait of mortga8o insuranGa pr�miums.'Yriese items an called "Escrow Items." --
<br /> -�.ti. ��y��t Any timo,colloct ar►d hold Fw�ds 9n a�►artwunt not to excad thn maximum emaunt e latKkr for a fcdaallY reluod
<br />-�'�� moctgage lowi may raquir�s f.or Bomnwu's escrow account under the federal ReallEstate Setsleme�►��Froc�����ls lesser
<br />.,?-y.r��. ernaided from dmo W dme.��U.S.C.Section?,601 tt seq. ("RESPA").unlcss another law ttwt a�►P
<br /> --�'� urioun�If eo. I�enckr msY.�aay time�collect end hold�unds in an amount not ta excad the lesscr emoun�I.ender maY
<br /> -_�:�,,�t
<br /> __— esti�aate tha amount of Func3s�ue on the bagis of cucreut data and ccasonable esdmetes of eapendiwres of fuwre Esccow Itans a
<br /> � o e h a wlte in eccordance with y�licable Yuw.
<br /> — Tt�o�nda aha11 be ix,�d in�n insiiiui+�whusc�ep.�-�s°sr�l r.+?��!*.ti i b y a f e d e r s l e g e n c y,insnvm�Fw�ds to psy tho fiscmw
<br /> —��•.-'� I�endat,if I�enda is s►kh an insatudon)ar in any Federal Home Loan B�ua�ly aiwlyzing the�xow occount,ar vaifyinB
<br /> _ Items.I�der mey not ch�r8�Hocrowts foa holding and appiying the Ftinds.
<br /> eho F,.�aow Ittans,unkss L,ender PAYs Bo�wor imm�st on the Funds and M�P�b iaw pamits Lenda tn maice s�u�au�ed by
<br /> uua Borro�ver w pt►Y#ona�dcne char8e fa an inde�endan�real estste tax cepatjn8
<br /> Howevcr.i.axk�r msY�1 � � , ,mcnt b nude a appllcabk law
<br /> L+a�d�x in conn�ccdan wiih this ben�unless+�PP�Ia law pro a p���•��o�r e�ings on tha Funds.Borrowa�nd
<br /> requirea inl�erest�o bG paid.I.ender shall not bo ro4uirocl�°PnY
<br /> l�aida mry�°N'�g+h°�va�ttwt inbaest shall be paid on the Fnnds.Lender sh�lla which e�ch dcbit to ihe Funds was
<br /> s a�nual�cooundng nf tha Fuads,showing ccodits and debltg to the Funds and the P�r�ose
<br /> . m�de.The Funds aca plod8ed ag additio�l socurity for oll sutns secuced by this Securlty Tnswmen�
<br /> If the F1mds he3d by Yra�da excad tho vnounts pucnlued to be held by ePPlicabk law�Lender st�il account w Barowa fa
<br /> ''• tt�e e�cass Funds in�d�vith the t'a4aireme°ts of epplicabk IawBamwa in writingand�suchba►+e�ormwa�ehall p`Y
<br /> not sufficient to psY the�icrow Itenu what due,I.et�der may so notifY
<br /> �j�� ���t�y,�y, �� up the deficiency. Bomowu shall make up the defickncy u!iw more tha�►twelve
<br /> mauhlY 1�Y�u����s sab dlsc:tetion. refund W Bomower any Funds
<br /> UP�PM�a�t in full of alt sums sxurod by this Soc�uicy Insuument,i.enda st�all pcar►PdYa the iseeluisition or sAlo of tha
<br /> tK]d by l.endsr.If.�ndar�ra�p�21.I.endcr shall+c9ulro a seU ihe PropenY�I,enda�P�
<br /> � propaty.shall ePP�Y �►Y��he{d by L�endcx at Ihe dme of acquisition or sak ai a credit agdnst the sums secwred by this
<br /> SocucitY Inat�nt vides otlxxvvLse�all paYments[eceived by I.a►da undet paagraphs
<br /> --� �,Appiic�tio�os P�ywcata Unkss a�Rli�abk inw pro
<br /> 1 and 2 shaU ba apPliod: Cust,w anY P�Y�t�Ses due nnda the Note:secor�d.to�nounts p�Yabk under paragraph Z�
<br /> third�to int�a�est due:fo�rtt+�to principd due:�nd l�st.a any Wo charges dua unda tho Nole.
<br /> 4.Chu�eei Lkm. Earower shall WY all tuq� a�s�sune�ts.ct�rBes.fines and imposidons attributable W the Pro�atY
<br /> which may at�in PriattY over this Security Insuument,and{ea9el�old payments or ground rents,if a�y.Bamwer alsall P�Y�
<br /> --- ��n p�ragraph 2�a if not puid in tlut manna,Barowu sfiall PaY them on timc diroctly a the
<br /> _ � oblig�tions in the mm B�wer shall promP�Y fumish w L�ader all notices of amounts w be pdd under this pac�grAPh. If
<br /> -- �� °�p����� fumish tn I�ender roceipts ovida►cing the paYmsnts.
<br /> =— Bo�mwcr malccs f�di�tdy.Bexmwer a1�U pcoa►PttY en
<br /> _= � Borrower shaU PromP►�9��6e any ticn which has prioi'�ey over this Socurity Inst�umet►t is�n{ess Borrowa: (a)egras in
<br /> ----- c af the obligation xciuod by the 1ia�in a ma�ukr accePnbk co i.endu: (b)conu�u m gc�od faith ttie 1�n
<br /> -.. .._ _ � wrldng w the paYmen s which in th� Lendex's opinbn o4xsata oo prava�t the
<br /> ----- � by. a defends sgaincc en�orcement of the lien in, 1eB�l Pmc��►6 �sapsfacWry m l.ender subordinWnB the tia�to
<br /> �~ � a►facemcac of tha liar,a(c)secures from the hoid�r of t!xi li�n an� ovcr this
<br /> - __ ; this Security Dnstnun�t If Lender deta�mines th�t any p�re of the Propaty is subjecc to a lkn which may�in Prio�ity
<br /> Socurlty Instw�xnt,l.ender maY B�ve Bamwer a notice ida►tifyin8 the lien.Barowex st�all satisfy the Ikn a take one or more
<br /> -- of the actions�et forth above within 10 dsys of the giving of n o d c e. Fonn�02� flll0
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