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<br /> TOaFTNER WITH all tlic impmvcmenta now or herc�ft:r erectod on the property,unci all es��emen�+,appurtenances,arxi
<br /> tixturas now nn c�rcnfter a pan of thc pra{xrty. Ail replaaments snd additi�ns shall also�bo coveral by this Security
<br /> Instrument. All of tho foregaing is referrcd to in this Sccuriry Instrument i�s the"Fre►perty."
<br /> BORROW(?R GOVF.NANTS that Bortower ie lewlully Seised of tho estate hercby canveyc�ancl hus th:right to grant ancl
<br /> convey the Pmperty und thut tlu Property is unencumberod. except for encumbrane�s of nc�rci. Ilnrrnwar waeranes and will
<br /> defend generally the title to tl�e P�ap�rty ngainst all clnims nnd demnrxls,subject to any encumbrances of record.
<br /> TIiIS SECURITY INSTRUMBNT combinr.s unif�rm covenants for netfonal u�c and non-uraiform covcnnnts with limitcci
<br /> varlelions by jurisdiction to constitutc a uniform tccurity instrumcnt covering rcal praperty.
<br /> QIfI1�QRM,CUV LNAN'1'S. Rorrower and l.endcr cavenant nnd ugrec un foll��ws: •
<br /> �. pf��rnncnAc ct Pripc�ip�! And Interc�; �'repp�+�aeut �and I.ate CharqeA. IIorruwe� shall prompAy puy whcn duc tho
<br /> pri.ncE�a[of,ar.�inten;;c on tt�e d�eM evider.eced hy ttee Nrate anclf any pre�uay�r,�enr,�,r,x!late'c�3�vgas duc uncicr tha Note.
<br /> �,F�unids fiur'1'wxes and Ir►sur�acr. Su.F.►ject to applicable law Qe to a w�itteM n�.+r:ti�r by Lcnder, Borrower shall pny tQ ' _
<br /> Lc�xler an the da}r ttx�nthly payments are due undxr tho Note. an�i!tE►e Note is pai�!�q�cit,a sutn�("Funds")for:(a)yeady tax�s� �
<br /> and e.wsessments which may attuin priority ovec this Securiry l�►uru�xn�,as��.11an on.R}te Pmpctxy;4�►)yew'ly leasehold paymentr�,,
<br /> or ground rcnts on tho rropeRy, itany;(ca yeariy iwzare acproperty r•ras��r-�iTa prc�?nsc��ags:(d)Yrar4y ft�xxi iiwurur�.z piuniuti�u, "
<br /> if 3�ny: (e)Ytarly mortgage ins�acrance prcmietipA. if an,y:,�,h� (�any suir3s �raYlble�IE�ti•�rrower t�l.onekr, in xcotdance with ' -
<br /> ttra�irovisions of puagrAph 8, in lieu of tt�.;j�n1t�+RnS'��njnrtgaga insurqnce premisjcns�. 'Fhese items are called "Escrow Itctns." , �
<br /> �,�i(der may, at any time, cof�c�t and ho(�''F�'imcla i�i`ttn amaunt ncx to exceai the�maximum amount a lender for a falecal);�i'�����
<br /> , �'ela�ted mortgnge IoAn rn�y roq�aire for�c►rty�t��aris escraw account under the tederal Real Euate Settlecnent Procaiurac Act�1 ,
<br /> ' 7�''.►a as artxnded from time ta time, l2 U.S:t. Section 2601 rr seq. ("RESPA"), urJ�ss another Iaw thAt appli�s to the I•1�nc1H �
<br /> s:�t:; � lesser amount. If so, I.ander mxy. at any time, collect uxi Iwld Funds in�a�'aimount not to exoeed the Iesser uraunt. ; '
<br /> f.u:xler may c.stinute the aniount of Funds due on the basis of curnnt data and reutiu�k�ble cstimates of sxpenditures of fuwro
<br /> Escrow Items or aherwixe in accordanco with applicable law.
<br /> The Funds shall be held in un institution whose deposits are insurai by a fedcral ag�ncy, instn�mrntxlity, or cntity
<br />. (incJuding Lender,if I..ender is such an institution)or in any Federal Home Loan Bank.Lender shall apply the Furds to pay tfie
<br /> • iC:crnw Items.Lender mey nq't charge AomRwer for holding aid applying the Funds,•�rntuilly atulyzing the escrow account,or
<br /> ��v�e ri:��ng the Facrow Itans,ve.l�_:�<1,.ender•��rs Horrower interest on the Funds xrKl t�p�ci9iCable,taw pamits l.ender to m�n wch
<br /> . � ��ge. However,l,ender mny iequire��,,�rower to pay a one•time charge for an���i:tiuknt re�1 eatate ax rcpo►ting sorvia
<br /> �;�,;:
<br />_: , ' y���by Lende�r.dn ac�nnection with d�is�loun,'.unless applicable l�w provides athqtwj�. U�n�e�;;in +greement id meJe or�
<br />- • •:i�;�p�it�ble law�u•ti+i;aS�cr.s interest to be pnid,i.,under shall not be rcquired to pey Bamnw�t any inEr�c$�ur earninga 9p�FuadS:'�.
<br /> f3�n.r.;iiwer and L.enc�e`.' �y �,�in writing, however, that intercst shall be paid ora,i:Fr'Kunds. Lerdcr.shall gi,�c+i�a BorroWci;, ,'. ,� .•
<br /> witiaut charge, aif'�n�ne1�1 ac�c�cwnting of the Eunds, showing crociits and debits�W•�liw Furds and the prrprisr.fc}s,which each�;•`. �t
<br /> debit to the Fundx ty:,s�n's�e.`s�'�e Funds are plalged as�dditiaul security for all surt►s secured by this Security Inauumrnt. !'��� • '�
<br /> If the Funds Is�i�i•! b}r;;.ender exoeed the�rtiounts permittod to be hcld by applicable law,I.encier shall �000uru w 9orroweF. �
<br /> for the exoess Futi�y•;i�;�cc�datxx with ths roquic+ements of applicablo I�w. If the anx�unt of the Fu�x hdd by I.ader�t�n�(,•;
<br /> dme is not sufficitnt tp�t!sr,l a:n,��scmw Item��when due,Lender mmy sa notify.$ormwer in writing,uxi,in such cxe Horrowa '
<br /> �hall py co La�der..;ilva,��s�;���:���ry to m�ke up the deficiency. B�rrower sl�r��9 m�lce up the deficien.�y in no mo�than,
<br /> twelve�nonthly pq�r-�n}�,rt'�:chder's sole discretion. .
<br />= Upon pa5�r�sn2.an full of all sums �:ti��rod by this Securiry Instrument. Lender shall prc►Ryptly.refw�d to Borrowcr ar��°.,
<br />`;< Funds hdd by l:raxkr. If,unckr poragraph.��i.1f.enJer slwll aoquire nr sxil Ihe Properiy,I.ender,ry�K�r to the aoquicidon or�a�• '
<br /> of the Property, shall apply any Funds held by l.ender at th� time of�cquisition ar,sa'�t�s a crociirr,b�n►t the�y�m+.�.s�y�+ed hy5,�,.
<br /> this Savrity Inst�ument. , � � ,•'�•�`�� ' '"'"� • .
<br /> 3. ot P� ments.Unless licable law rovides othr,cwir,b.all ti,i,,Fnts roaivod l.,ender under ���
<br /> APpUation y �PP p �. tY [��+�p� .� , �
<br />� I and 2 stull be appliad: first, to s�ny prep�yment charges due undcr ti�e:�Vcxe; sxond,to arnoun[s p�yablc undcr paragrqplR.2:
<br /> = third. to irkereat due; taurih.ta principal due:and lut.to my IMe char,g�a,due under the Note. ,..;
<br /> - . I.Clur�es;Y,km. Barrower slali psy all taxes.assessmrnts.chi�ges, fines and inqx►siticrns rttributsble to the Propaty
<br /> � w�ich m�y attain priority a,,c� tf�ix Security Instcument. :iu�d lu�sehold pnymenus�r�,tnund rents,if any. Bomower shdl paY
<br /> s '(?�e obligations in the m�norcm,i�rovided in puagc�h 2.'n.���'not paid in th�t m�tnn},?lorrowa slull pay them on time dir�e�tly
<br /> - to the person owad payment.l3o�rrowu aRa3i'll�ra�mptly fumish tn�a�s�iJr�:r,dl notias of a�nauKS tu be puid unckr thii pa��gn�h.
<br /> ? If Borrower m�kes tl�ac payrne�ts dira.�ely,iBorrower slull prcrtJ}�I�y.�i�srs�i°dh to Lender rooeipts cvldencing the payments.
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<br /> � Aorrowu stntl prom�pt�a.i�auharge any lirn which has prwr'ty��.essr�ii�is Se�urity Instrument unless Borrower:(a)a�ree�in
<br /> writing to the p�ymtrtt of titip ro'h!i�ation secured by ths lien in�mam�ei�eceptabt�ro�dtider; (b)conteats in gc�faith tbe lirn
<br />'� by, or ckfads against rnfar.t�c;�aent of the lirn in, legal proaodings which in tl4e L.et�der's opinioe opers.c ta pnererat the
<br /> �nforamrnt af t�lien;or(c)�.`ura fi�n+�the holder of the lien aa a�r�ement satisfactory to Lcnder�ubordi�uatiog ehr[i�err.wa
<br /> � this Securi�y 1r��t�rt►merr.l�L�ender ddecr.rr,��na.shat uny pere of ttee l�'r,r,�q¢rty is subjoct to a lien which may atuu.n pri�rit.� oveir'� .
<br /> lhis Security 1r�Ixtiune+�cr.d.eaik�n'►naY BiVd lJ�ro7��er'x n�tice idtntifq'�•cile lien. fiorrower stWl �►tis!'y the ti�erae or Cafce cMC rn�.:
<br /> -• more of the actio�set 6octit aJb��v:c within 10 days of��irc�;u:�'ing of notice. .
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<br /> ltan�a01� �'!0
<br /> � Pa�7o�d
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