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<br /> "`�% Ta0ETH6R W1TH nll the improvements now or horeaAer erected on the propcny,and a91 ea.�emcnta,nppurtenru�a. �nd
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<br /> ,; fixtures now or hereaRer a part of the prnperty. All replwcemente �nd �dditions shall dso be covared by thia Secu ty
<br /> ,�� lastrument. All of the fongoing is reterred ro in thts Securiry Inntrument as tba'Propeny,"
<br /> ' _�, BORROWER COVENANTS that Borrower is lawfully seised of the estate hercby cunveycd und hus the dEht to gr�nt u►d _
<br /> ,atsl convey �he Property uid that the Propeny is unencumbered, exctpt f'o�encumbnux:es of iecard. Ilorrowee warrznts and ���ill �
<br />`.�� dafend gener�I�Y the title to the Property�gainst all clelms uid dem�nds,aubJect ta wy encumbrmces of record. _
<br /> „�, THIS SECURITY INSTRUMENT combines uniform covenante for national use and non-uniform coven�nts with limited
<br /> -- varl�tian�by Jurisdicsion to constitute a uniform securiry insuument covering re�l propeny. _
<br /> � ' LJNIFORM CGVENANTS.Bormwer and Lender coveauu and�grae au follows:
<br /> `:�� l.P�yment ot Principd and Inta�st; Prepp]u�ent and I.�te Char�a. Borrowcr shell promptly p�y when due the -
<br /> -; • princip�l of aad interest on the debt evi�denad by the Nota aad�ny prep�Yment and�+u�chargeS due under tht Note.
<br /> �-� � 2,Fl�nds [or Tsxes and Inaunnce. Subject to applicablo l�w or to a wdttea waiver by Lender. Borrower ehall p�Y to
<br />'�` � L,ender on the day monthly paymeate ere due under the Note,until the Note is p�id in full. a sum("Fuads")for:(a)yearly�`s
<br /> ::;=.'- and assessments which may attain priority over[his Socuriry lnstniment�a lien on the Property;(b)yearly lenehold p�y
<br /> ----• or ground nnts on�he Property.If any: (c)Yeuly hozard or property insuraacc premiums: (d)Yearly flood iasurutce pnmiums.
<br /> if any:(e) Yeariy mortg�ge ineurana pnaaums. if tmy: wd(� anY suaas WY�ble by Borrower to Ltnder. in�cr.otdance with
<br /> - _= the provisions of pnrsgnph B, iai lieu of the paymen[of mortgage inswance pnmiums.These iteau ue c�lled'Eacrow Item�."
<br /> — L�eader may,at any time. colloct and hold Funds in an aznount not to exceed the muimucn �mount a Ieuder for a fedenlly
<br />—� ralaed mortgage loan may require for Borrower's escrow aCCOUnt under l Ln feGce�Re:t 6s'��tttcssk."nt ;§c�urw l:�t of
<br /> 1 g1M1 au unendod from time ro time, 12 U.S.C. Section 2601 et seq. ('RESPA"),unless aaother l.aw that appllss to the Funds
<br /> seu a Iaser amc►unt. If so. l.eader m�y, at aay time. colloct aad hald Funds in en amonnt not to excad tLe lesser u►wont.
<br /> L.end�r mny cstimace the amount of Funds due oa tha ba,szS of curnnt data and ma►�onable estlmates of expenditures of future
<br /> Escrow Itams or othccwise ia arxordwcx with opplicabtv la��.
<br /> T6e Funai.v shull be held in aa inatirutian whose �}eposits are insured by a ftderal agency, insm►ma►tR1iry. or eatiry
<br /> (inc(uding LecrcYcr,if Lender is such an inuitution)or tn aay Federai Home Lonuu Bank.Lender shall epply ttie Funds to pay the
<br /> F.scrow Items. Leader mxy not chuge BomoR,es for holding aad applying the Funds.annually aaalyzing ttie eacrow�ccouat.or
<br /> �rotifying We Escmw Items,unless Lender t�.�ys Borcv'vcr intenst on the Fwxls aad applicable liw permits Lender to m�ke such
<br /> ��e., _y���y�r; Irnder mtiey requirc Borrower to pay a one-dme chugc for an iadcpendent real estace ta�c reporting s�n'1ce
<br /> usod by Leuaer ia connection wi�h th[s 4�Saa. unless applicable law pmvides ottierwise. UNess m agroemem is mado vr
<br /> __ applicable law�sr��tiirea interest to be paid.��nder shall uot be requirerd to pay Boaower say inttsat or eunings oa the Fuads.
<br /> ��wer a�d [.�nder may agree in writing,�owever.that inurat shall be p�id on the Funds. [�de�sh�11 give to Bomo�rcx>
<br /> • �withvut charge. u►annwd accounting of the�w�ds.�ewing credits and debits to the Fw�ds�the pucnose for whkh a�ah
<br /> �c3�ebia Zo the Funds was mpde.The Funds are pledgal as M1�itional security for�Il su�ucurod by this Savrity Iz�auumau.
<br /> � Itthe Funds held by Lencler exceed the amoun�s pe�m�ttat to b�6eld by applic�t+}a law� Lender shall aomnnmt to Bocrower
<br /> for ttie exass Fuads in accordan�x wid►the raluiremeflu of applicxble law. If the unounc of the Funds I�ld by l.aider ac�ny
<br /> time i�not sufflcient to pay the Escmw Itenas when due,Leader may so notlfy Borrowor in wridn8+wd.in such cau B°n'°wer
<br /> sh�l� pry to I,ender the amount nec�ssAry to make up the deficiency. Borrower shdl make up t6e deficieacy iu no more than
<br /> � twetvemontWy pryyments.at I.t�der's sole discntioa.
<br /> � Upon payment in ft�l!of all aum�secural by this Security Iastrument. l.ea�er shalt pmmptly cefund ro Borrower�ny
<br /> ' Functs held by L�end.er.If,uader puagnpb�21,I.ender shall xquire or aoll the Property, Lender.pdor to the�cquisitioa or s�le
<br /> • o{��prop�tty,shail apply any Fund.s dela�by Lender at the time of�uisidon or s�le as a credit against the su�socured by
<br /> tbi�Sausity�msltument.
<br /> 3,Appiia�tiou ot Phymaits.Ualess applicable law provides othen�vise.aq payments receivad by Lender unckr pu�gr�phs
<br /> 1�q sh�t(�t�e pppiiad: t�,to any pnpayment char�es due under the Noto;seavnd,to�a�ouau payable uaJ�r puygraph 2:
<br /> tLlyd,to int�sa due;fourth,to principal duo;and lut.to a�y lue charges due undcr the Note.
<br /> ---- �1.C6�r�esi Lk�s. Bomower stszll�s,Y all ta�cd.assessment�.charga. 6nes and imposit{c+�r,s attr[butable to the Prapa.xj,
<br /> wbk�may utain priority over this Security instcument. and leasehold paymaits or ground tr�ts,if�ny. Bocrower shall WY
<br /> • ttKSe obliguions ia the mumer providod in puagnph 2,or if aot piid in th�t maaner,Bornowa sha11 pay tliem on time diratly
<br /> to the person owod payment.Borrower shall promptly furnish to I.ender all nodces crS�ounts so be paid undar. this p�ragraph.
<br /> If Bo:cower malus these payments direccty..Borcower shall pmmptly furnish to LeaE►er receipts ec9deacing the Qaymenta.
<br /> � Bomower sh�ll promptly dischuge x���iea wWch haz priodty orxr this Security Inst�umeat amless Borcower:(a)�gras ia
<br /> • writing to tAc prymen�af the obligation securcd by the liea in a manner axeptable to Lender.(b)cnntests in good faith the lien
<br /> by, or defends against enforcement of the lien in, tegal pmceedings which in the Lender's opinion operate to pnveat the
<br /> ea('arnment of the lien;or(c)secures from the holder af the Ifen an agrxment satnsfictory to Leader subo�aa�ing the lien to
<br /> th�s Sxurity inanument. If L,ender detertnines chat any part of the Pmjx�ty is subjxt to a lien which may ottain prioriry over
<br /> tbis Sxuriry Insnumcnt.Lcnder msry give 8orrower a notia ideatifyiug the lien.Borrower sbatl s�tisfy the lion or take one or
<br /> �'° " moro of the actions set forth abovc within !0 duys of the giving of notkc.
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