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<br /> 'f(XI�TH�R WITH�11 tt�c impro��cnkntc now on c��e�ftcr erocted on tho propcny.aixi xll cxsen�nis. u{►purtc�wz�ccs,and
<br /> fiKture:c nuw ot hcrc��ter a {►ti� of tl►e prc�erty. All apl�certtent. u�d actcliti�ns sh�ll alu► t►c m��errd b}this Srcurity
<br /> I���UUnx�u. Ai!��f th�fc�regain�Is n:fcrrcd tc� in tt►is Se.urity�Instnm�nt m the "Pmj►cny."
<br /> HORRQWIiit C�VE3NANTS tl���Fi��rmwcr ix law(ully seisod of the esiato hercby a►nvcyal a�xl ftKS thr right to grnnt Mtx1
<br /> ��nvey tlk Pn►peny�nd IhAt tl►e Pn►pert�� is uncrn�umberul. �x� r�����mn�„�zs or���. n�m�Wr�K•arrnnts uid will
<br /> rkfe►xf generntly Il�e title 10 dro Pmpetty against wll clKims Aixl clemancis.subject to uny erxumbrar►ces of recorJ.
<br /> TNIS SECURITY INSTRUMF:NT wmbine�unifarm cuvrnants for rwtiotial use arxl non-unifarni�xy��eiuen�s�vith limitod
<br /> vurirtions b��ju�iMliction ta constitute�unitorm security instrument covering raAi psoperty.
<br /> UNIFORI��CUVF_NAN1'S.Bnrn�wer and l.etxlcr coveru+�t and agrec ar•follows:
<br /> l. Payme�f of Prinr.ip�l and Intenst; Prep�?�1 a� I.�Me Ciu�rges. enrmwtr sb�11 promptly pny wlkn due the
<br /> princi�l of xnd interest un the deM evMl�ec!by tA�Nae ru�c1:sm.�prry.my�mrnt an�l late char�3r.s dur.uncler the Nae.
<br /> 2. FLtwlc for T�xax w�d I�swnw�crr.5+tbject:crn np�?['rcaJ51�I.�w �c t.rJ a�uri.tten,wriivr.r Igy C.cudr.r.B�crr�W�cr yhal.l: ��ap ta
<br /> L.ender on the day n►uaGh[y n�ymci�r�ar.r:due u.rACl�;r.th,e Ncxe.iuxit d�:Ncx:e ia���a.�,T.r.,,1r�a�::�+�m F"L'u»d:;°)�Fo.r.(a.)�yea�l:y tax.r.s
<br /> a,xE�ses,u:ramr.�c whi�cR.nw,y �urain nr.i��i.y vvr.r chis S�curicy in.urrune+,r.uu�:f.i�:n o��.il�I,'h,�,en:y�;.(Q)Yr�ar[�lca.scl�J:d nr�yit�nl�
<br /> o+:gcau,±r,t rn�:s exr.r.he F*n�erty.if�.;�(c)�early har.�rcl or prr,�pecty i ris+t.ca���r�tn:miums;(�)yrerl.y E�oacU i.in�rr.an�prry:n.iw�s,
<br /> it'any: (r)Yeu[Y KnartAa�e insuranec prcmiuu�,, if r��y� d1ilE(t�:}Gii� :�iu7i.5�a;�;,�n. by t3arrow•cr tei Lert�r.. in: :xcarct::�c:e wi.tic
<br /> ehe provisians of pau�gr.uptt 8,in lieu uf tlk{wymen�of nwrtg:�ge insucance pr.eneiums. These items are caJ.l,cd "Fse:row Ycesns."
<br /> I.ender r►ury, x1 rny lirne, callect and hold �ured��rr. rns amaunt reot to exceexf rlte maximum anxwnt a C�nd�r for a federully
<br /> rclMOd mangage kwa nmy n•yuire for Qorrowtr'��,rrovr xcvunt uc�der ehe t'eder,al Real Estate Se�dtnrr�c F;rucedures Act of
<br /> 19�4 rs umaxied Fmm timc to time, 12 U.S.C. Sercion 2L�e �t.seq. `"RF.SPA"p. unlas araxhe�law thrx ;�Fplia to the Funds
<br /> sets r I�sse�art�ount. If sc�. Lender tt�y,at a��y time.COIIKI ,aid.hnfc! Fu�xis in an um�wnt�,ot to exceecl the Iesser amount.
<br /> I.�nder may estimatc the amount of Furn1s due on thc basis of cur;��t data:ux!rexsonabk esC�r.nates of expenditur+es of future
<br /> Escmw Items or atherwir:�e 9n acconiance with�pplicable iaw.
<br /> 7't�e Funds slw}L ��^�c he�d in an in.uitution whose ckposits uc insurr�l; by ;x fecher,u: a,�n:fx:y, instrumenWity, or entity
<br /> (including�.eixkr,if'l.+erniet is such an inuiwtion)or in any�e9eti1 �lomc Lc�rn T�v�k. r,�er.�rJ'r:yr shall apply the Funds to pay thc
<br /> Esemw I�crrrs.Le�der may not chu8e Borrower for holding u�d applying the�unds,ae►szaral��analyzing the escrow xcx+unt,or
<br /> vCii�yUlg ii�i:i�ivw iicu4i.u���:.�."s'.:.."t���Sorsu::�z itt.cs�t c:t!he�ss�5:..R:!�!sc�Llz!aw¢!'n!�irc t mrkr tn make cuch _-_
<br /> a chargc. However,Lenkr►my rcquire Fbrrowe�to p�y a one-time cfwrge f�ar an inde}xtdent ral actut tax repc►iting servicc
<br /> u,sai by L.ender ir� connection with this loan. unless +�pplicabk I�w provide.� otherwise. Unlcss ax� ag�setnrnt is made �r
<br /> applicablc la���requires interest to be paid,l.�ncicr slull not be rcquir+ed to pey�nrmwer any iatercst or rarnlnRs on tl�e Funds,
<br /> 8orrowcr and l.ender m�v agra in writing, Iwwever,tF►at interest st�ail be pa�i on thc Fwxis. Lender shaU give ta 8ortowcr,
<br /> widiout cha�ge, an�mwal aceounting of the Funds, showing credits and debits to the Funds and thc purpoce for which each
<br /> debit ta the l�unds was m�de.The Funds uc plexlged as�dditional so�vrity for afl sums sc�.vrocf by this Security In�trumcnt.
<br /> - if the�Fwxis held by Lender exceed the amounts�ermitted to be held by upplicublc Inw.L.ender shall accnunt to Bomnwer
<br /> - for d�e excess Funds in sccordance with the rcquirements of appiicabtc law. if the mm�unt of the Funds held by I.xtder at t►ny
<br /> time is not sufFicient to p�y the Exmw itams whrn due, Lender maX•so notify IIorrower In writing,and,in such ca4co Borrower
<br /> shell pay to l.rnder ehe arnount neoessary to makc up the deficienc_:, Bormwra•shnll mnke up tt�e deficiency in no mnre than
<br /> twelve monttilY p�Y�s.at I�ender's sole discretion. ,
<br /> - Upon payme�u in fuH of xll sums securcd by this Securiry Instrumrnt, l.cnder shall pranptty refund to Bumnwer a�y
<br /> � Punds held by Lnxier.If,ander parsgruph 21,Lender shall acquirc or sell the Fro�x:rty,I.eiider,prio►to the scquisition or sale
<br /> � • of thc Property,shdl apply�ny Furds txld by L�r at the time uf acquisition ar snle as a credit againu the wms securod by
<br /> r this Sa.�urity[nstrumettt.
<br /> '' 3,Applicatioei ot Pa�m�nts.Unless applicable lyw provides otherwise,nll puyments ne:ceivacl by Lcnder under paragtaphs
<br /> ��'. � . 1 end 2 shall be appliad: first. to any prcpaymrnt charges due under the Note;second, to amounts oay�ble ur�da p�ragcaph 2:
<br /> ,r � . third,w interest due;fowrth,to principal due;ard lut,to any iue chargcs duc under the Note.
<br /> s ' 4,Ch�ry�es; I.ipn. Aorrower shsll p�y all tues,asus�mnxs, chugas, fincs a►x1 impoxidnns attribu�ible to the Property
<br /> �� which m���'rttain priority over this Socurity tastnrtnent, and Icasehold pu3�mcnts or gtnund �nts, if�ny.Borrower shall pay
<br /> tt►ese obli�atians in the manner provided in pangraph 2,or if not paid in t}►at menncr.Bomawcr slult pay them on time direttly
<br /> � � to the persun owucl R:.i��tnent.�ornower shill promptly fumish to Lender,ull noticcs of amaunts to be paid ur�dtir this paragraph.
<br /> • if Borrower nmkes these payments diroc.Kly, Borrower shall promply turitish.to Le:��der rocei�xs evidencing the'p�yments.
<br /> � Horrower nhall promptly diseharge any lien which ha.c priority ovcr this Security Inurument.unl�ss BorrowK: (w)agre�c in
<br /> ,_S writing��ah•�peyment of the obligation securod by the lien in�r►�anncr acccpwblc to L.nxkr:(b)conteus in good faith�tho lien
<br /> , by, or f'l�ue�ls against enfbrcement of the li�n in, legal prooecdings �vhich in the C.ender's opinion operate to pr�event the
<br /> �tnforcxment of thh Mi��m�,or(c)sxures from the holder of the:lien an agra�emrn�satisfactory to i.ender subordin�ting tt�e licn to
<br /> �•; '1�is Socurity Instra��n�r�nt. Af Lendcr detem»ncs that.,n�, part di thc I'a�p�e�y is�uhject to a lien which naa,y 1•ttain priority nver
<br /> � ; . �,"this Sucurity,instn;li,�:mt.1.ender muy give BorroweT��CWIICC idCntifryi[1g�P� �ien. I1�.�4u�Cd S}I811 Sati3iy iJ1u ISi:cn or teke one or
<br /> �• mnre ai€�C,u.�tou�;sus t�cth above wAelkin 10 days ot'�t�givirct�c�b'aaut+cc.
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