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<br /> 7'OGE'1'HER WI'fH dl the imQmve�now or heroalter erect�d on the properly,�11 eusments,����
<br /> Cxtur�s now ar hereAfter e� part of the prc�►eriy. AII (Cp��COfiICRCA uxi addiUon+ shall alc�� M: coverecl hy thi9 5ecuriry
<br /> In�tnimsnt.All of the forc�uing i�rcfercod to in thia Security Inxtrument�s the"E�vpeny "
<br /> BORRUWEFt COV�yANT5 thrt &�rrower ie I�wfufly seise�of Ihe est�te hercby rnnveyod uxi has the right tu grant�nd
<br /> mnvey the Proporty ud th�t thc Property is unencumbered, except for encumbren�-es af roconi. &�rmwer wam�na and will
<br /> defmd gensn�lly�he title to the Pmperty ag�inst nll cl�ims and demnnde,subjoct ta eny encumbre+�nces of record.
<br /> THIS SECURITY INS1'RUMENT rnmbinea unifarm caveruints for rwtional use�nd non•unifnrm cavenunts with limited
<br /> variations by jurisdiction to constitute�uniform security Instn►ment covering mal property.
<br /> UNIFORM Ct)VEYVANTS.&�rrower and L.ender covenant anc!�r.ce as follows:
<br /> 1. Pa�� of Prindpd snd Inte�rat; Prep�ymeat �d �Ac(.'I�rRas. Borrower shall pr.omptly pay wh�n due the
<br /> p+re►�cipa�i a��and ioKec�st on the debt eviclencect��ry�Fi�e i�icMr a��r.eY R�RYr.r�e.n.;t w.ed.la►x charges due ur.�r}�.�r d�e Tio4e.
<br /> 2, �nds far T�aces wd iasurt�.�e.5uh,�e�c.i:tQ appEic�bEe I:aw or,ea m w�n�ten wuver a�r L.end�a Bonrower sh�VG �y ta
<br /> Ix�der.ocn Ghe d�y r.x�onxkeF9 payme�rxs arc tluc t��dMrr the Notc,mn�l tF.�Nc�e as paid ir� 6uE�.a swRrr,("�1,►nds")f4r:(a)�reuGg txxes
<br /> and ass�su�nernts whi�ch;me�y a��ain.prioriAy ovo�t�is SocurAly tastr,mm�ne as�Gi�eun on t[xe Pr.w�cctx:(b�Yauly Ieasel�r�pd pwymenta
<br /> oc�usYE rena:,�f�n u�xa FT�c,icn�:i;�:an��r>4c)YeazC�r,hu.�ind ar�ropettlr imcurc�cne�rnemincros_ad�gearly flaod ituurauc��iu��;'
<br /> i�i��y; re)}'cn7;:y �naC�u�s d*��n�rc{x+� �,r�r,,�Et'�coy;�nd(� any suc�,p�,�;aC►�c bw���wer to [�r;ndec, iu�.�ccordnn���i��ia:� •ti .
<br /> ,�r,�,�.�+jpria��sion.��;isi,{�arngr�►�ih 8;�in�li¢u,o�'(thx�lyiaoc�t�S��'�4ix;�:gABe insurance pranmiu�us��,:Ti'�se�tem,�ar,c �k�,"lF'SLdow JI'tcr•cis.'' .S•(
<br /> ,��• l.enia:�r'�n�a�r;;fit t�ny 13me, colae_� nri!hnlci �unds in �tr,arnouqt not to cxcced �fi��rmaxirn►4"��'r�ta:u��'i at�.�,4e��!�,r, �-�r a f�;i�ert�ly t'`�
<br /> .•i. i�cinte:! mtoxt�c��e foan may.requ:ine ior 8orrower's escrow acccxinj:�nclor ¢ha�¢c�eml•RG�I°�sta�te'Setticinezi'4,�:ro�eClur�s,_N�t�01 � ��;
<br /> . Z�974�s amenclecl<Frnm time�to timc, 12.U.S.�.��ectinn 2601 et•seq:{�R":I;�:p.�'�h,.d7�less��ttyQtfier,�law 11iaC if�?}�91es ta thcs;i��nils �`' '
<br /> se�'q'a:lesscr'arnount..If:so, I,cn�]�r may, a�an.y� �i�pe, collect and hnld�unds�in Tn amc>ont riot tn excooJ th�'Iesser�i�u�t,:
<br /> l.,endee.�may eatimote�he aittoune'of Funds due on the basis of current dasA and rea.4onable estimates a4'expenditur�s af future
<br /> Escrow Items e�ro�4icrwise in acoordance with applicable I�w.., �. ', .
<br /> 'The Funds shell bc held in an inatitution whose deposits ere In:.r�red by a federal agency, inatnimentality,or entity
<br /> (including I.ender, i[I.ender is such an inatitutlon)or in u►y Foderal Home Loen Aank,Lender shall wpply the Funds ta p�y the -
<br /> Ercrow Items. Lender rru�y rwt ch�.rlto Bomawer for holdlnR nnd applY�ng the Fund�, snnuAlly analyzing the eSCrow aocqunt,or
<br /> �r.rifyin�the F.scnt►w 1(ans,unlas Lender pRy�Borrower intaeat un the Funds�nd�pQlic�►Ie law perntits lsnder to m�ke wcfi
<br /> e dur�e. Howeva.1�ender may requiro Horrower to p�y a one-time ch�r�e for an Indcperdau ral atate tu rc�ortin� iervioe
<br /> wed by La�der in axmection with thiy lo�n, unleu �pplicable law provida othetwiae. Unleu �n �reeirknt i�m�de or , .
<br /> �ppliabk Irw requiia inte�est to be p�ld,Lender�hall not be roquirod to p�y Borrawa�ny interat or aunlr�s on die Funds.
<br /> Borrower and Lender may s�r+ee in writin�, Fawever, thu lnterat slWl he paid an the Runds. l�er�der.cluill gtva to Borrow�er,
<br /> without clur�e,�n w�utl �ocountin4 of�he Funda, �fawing crodita and debiu ro the F�ndc md the purpo�e for whlch e�ch
<br /> dabit to th�e Fundr wu m�dc.Tho Fund4 rro pled�ed�s iiddfNon�l ucurity for dl sums socurod by this Sea►rity Inatrumant.
<br /> If the Funde heW by�Lender axa+od the�mcwnta�►ertnitted to be held by t�pplicable law,I.ender shsll woount to Barrower
<br /> for the excas Pund�in�000rdu�oc with thc roquirmxms of applicable law. I[tho emount of ttie Funds held by L.eaider at any
<br /> time ir not w(tick�nt to pty the Escrow Items when duc,Lander mey sc►noti[y Borrower in writing.and,in such case Bomower
<br /> shall pry to I�ender the amount noocasuy to m�ke up thc dcficicr►ey. &►mowcr shal!makc up the deficiency in no more thm
<br /> twelvc mo�thly payma�u,at kndc�'s snle di�crctlon.
<br /> Upon payment in full uf�1!'sums socnred by this Socutity Inshument, La�der shall pmmptly rcti�nd to Hcii►ow�a any
<br /> Punds held by l:eider.If,under p�n�raph 21,Leoder shalLqcquiro or sell the Piaperty,I..endet,pr�br to the ecxjuie��t{Oh oc�le
<br /> of the Pr�apaity,:t�alf apply any Fu�xta heJd by I.ender su the time of aci�uiisition or sak as�cresdlt'ayaii�t thc.piii4a bcurod�►y:��' • ;
<br /> thl:Security[narum�ait. ., •�� �' �
<br /> 3.A o[Pa Unless liatble law rn'vldes ot}�erwiae.�ll Knents reoei�ed Lende�ltncie�r .'`r"�'� ,`;•,
<br /> p� 7meefs• �PP � P�Y bY �W�i�:��_;�-.'�::':�
<br /> i �ad 7�hall be applied: fini,to anY P�Y�t char�es ilue undcr the Note� eecnnd,,W amounts payable�ux►eS;�gr�p►i 2;"� .` �
<br /> third,to i�aeAt�c1ue;foutth,to principal due;md lut. 'to wny lato chatges�.dna un�et•-fh2 Nae. :" ;;�.;� •
<br /> 4.C6�r�es; [.kda. 8orrowcr sludl pay all uuces. assessma�t�. ch�u�geS, fines wtd.fmpositions sttri¢utable to elie ProQerig:'.,:
<br /> which may atUin prioriry uvu this Socurity Irotruhxnt, a�xl (easelwlc#paYmrnts or ground renta; if�ny. 8ortower s�Wl p�y �
<br /> thae obligateotls in tho m�nner providod in pur�caph 2,or ii nnt paid in.that manncr,Borrowcr shall pay tl�om an tima diroctly
<br /> to the pason owed�ymrnt.Bormwcr shal promptly fumish to l.ender all nativas vf�unou►rca to bc psid uncier thia perAg�ph.
<br /> I�Borrower m�lcea these payma�ts diroctly.Bom►wer sfu�ll pmmptly tiimish to I.ender rxeipta cvidcncins tt�c p�ya�s.
<br /> Borrower chall promptly di�d�uge any Ifen which t�es prioriry over this Security Inst�ument unieas Borrower; (�)ngroes in
<br /> writing to the p�ymait of the obligation sxurod by thc Ifcn in a manner woeptwbic to I.ender; (b)contuta in good fiulh the licit
<br /> � fry;or defads�ainst enforxment of the lien in, (egal procoodings which in the Lender's opinian o�erate to provent the
<br /> enforaerr�en:at tht lierr, w(c)senirea from the holder of the lirn�n sgror.mcnt satist'ectory to Lerxkr subonlinating the lien to
<br /> this Security Instrument. if L.ender determines that any part of the Proptrty i�subjoct to a lien which may nttein�rio�riry over
<br /> thia Security[nsttuma�t, I.onder et�y give Borrower o notice idenlifying the lien.Borrower shall satiafy the lien or ukt one or
<br /> morc of the�ctions set forth�bove within 10 d�ys of the giving af notice.
<br /> �,�o2s awo
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