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<br /> TO(3ETH�R VlITH all thc improvements now on c�rcaftcr crectcd on thc property, pP
<br /> fixtures now or hereARer a p�rt of Q�c property. All rcplacemcros uixi additions shall ul+o ha cuvcrud hy fhih Sccurlty
<br /> Imtnmm�t. All of the fnregoin�is referral t��in this Security insttunxnt ns the "Prc�perty."
<br /> 80RROW8R COVENANTS that tic�rmwer i�s lu.wfully seised of the estutc hereby convcyed u�xi t�as tloe rigl�t tu grunt und
<br /> convey thn Propeny und IhAt tho Praperty iti uneixumberal, except for encumbrances of reconf. Horrawer warrantti und wili
<br /> d�fend generally che titlo tci tha Property uguinst aU cluims and dr,maixis,subject to uny enctunbrana:s of reconi.
<br /> THIS SECURITY INSTRUMP.NT combines unifomi caveaants for nutional usc aixi noia-uniform covcnunts �vith limitai
<br /> variations by juri�dictlon to cunshtute a unifarni security instniment covering reul propeny.
<br /> UNiFORM COVI?NA►NTS. Harn�wer and I.enctar covenant and agree as follaws:
<br /> 1. Payment of Frincipwl and Intere�vt; Prep�yment wnd la�te Clwrges. Borrower shall pmny�tly pay wilen duo tho
<br /> �ariixipal of aixl interest an the debt evldcncal by thc Notc and any prepayment and late chsrges due under the Nntc,
<br /> 2. k�mds for Twxi..w and lnsurance. SuhJect to�ati.cablc taw or. ao a wrEtte�waiver hy I.ender,I3orrower shnll pay to
<br /> I.err�ec on the day mai►thly pAyments nrc due under the N�ce,until the Noce is paid in.6ut[,a su.m("�unds")for:(u)ycArly taxas
<br /> sund assessments which inay nttuin prioxity over chis Securitp Instru�nent as a Qie�z oR tPee Pr.operr,y;Eb)ycarly Iesrschold puyments
<br /> ��b,,,v„„,1�„���.±ri�e p.�Ky;i£any:(cl year[y haasaud or propertY insurance premiums:(d)year�y tT.00d insurance premiums,
<br />; ii'r,v.��: (c)yca:I� fT:GTt$�aC tElStli'd[Z'_1P_'�[�'[T?l4tA4C, if any:�Ild(�8f1x 511IILS�8EfI0 by BOa:iOWCf t0 I.C11AGi. in aocordance witlt
<br />• dte;�r:�,visions of�aragcaph 8. i��.Cieu of the payment of mortgage insuranc�e prcmiums.These items are caUa1 "Esccow ltems."
<br /> I.eri�3cr inAy, at�ny time,collecE �t�xi hold Fuads in an a►�ount not to axceod the maximum amount a lendee for a faierail�r
<br />,, � related morti�e'Caan may require for Borro��•er's escrow uccount u�uSer. i�e federal Real Estata Settlement Prooeclures Act of
<br /> � 1974 as arixade��iirnm time to time, 12 U.S.C. Section 2601 et scq. (^H��D'A"),unl�ss anotixr law tfwt applies to 1he Funds
<br /> `1 sets a lesser ar►k�vnt. if so, L.�ndcr may, at any time,collect and hold l7unds in an amount not to exceed the lesse�amount.
<br /> I.endsr may astimate the a�nount of Funds due on thc basis of curnnt data and reusanable estimates of expcnditures of fuwre
<br /> '', Fscrow Itetns or.c�therwise in accardance with spplicable faw.
<br />.��` ; The Funds �1�aU be held in an institution whose deposits are insured by a federal ugency, instrumentality, c�r entity
<br /> (including LcrxY�l,:if Lender is such an institution)or in any Federai Home Loan 23ank.Lcnder shaFC:aqply thc Funds to pay the
<br />��:. Fecrayv Items.l..ender may r►ot chgrge Borrower for holding and applying the Funds,annuslly anulya.ou�the escrow xcount,or
<br /> t:i.
<br />= :•�;;:ti;:r.p tfsz��Y�+w I�r�nc:ui�le.�.�I�nder Qays Borrowrr interest on the Funds and a�:,�Jl�ec.able lew permits l.e,�tk rr��a,mako such
<br />'���' a cluuge. However;Z.erxler may require Eiorrowes ta paY a orx-time charge for an inalw�:ndent real cst�te tAx,�Ryp�n�ing servia
<br /> :" used by Lender in cannoctian with this loan, untess applicable la�� �ROVides uthecwise. Unla9s'�in,a,�a�CemCnI.°is��det ar •
<br /> applicable law re-c�uires intercst to be paid. L.cnder shall not be roquir�i Ro pay Borrower any int�r��sc-or r:�ings on tNe,•FYr�ti�.�..
<br />�-';� Bomower and Lender may ag��n writing,howevor,that intcrcst sha11 bt paid on the Funds.l,cncicr sh�ll`.c;:ye tp`Aanvv+i�r.
<br /> ;M without charge, an anseual accounting of the Funds, shawing crcdits and debits to the Funds a►ul th�pur(x�ve 1�0� which each
<br /> ;� debit to the Funds was made. The Funds are pledgod as additianal security for all sums�:ewrai by d�is Socuriry�Jnstnimtnt.
<br /> �•,;; If the Funds held by Lender excood the amounts permitted to be held by applicable law. Lender shalt acc,�ount to Borrower
<br /> �'-'` for the excess Funds in accordence with the roquircments of applicable law. If the amount of the Funds held by L.ander u�ny
<br /> `� ttme is not sufficient to pay the Escrow Items when due, Lender may so notify Borrower in wridng,and,in such case Borrower
<br /> � sGwSl.p�y to L.ender the amaupt•�xcessery to make up the deficiency. Bc�rrower sl►aq�ninke up the deficienc,y in no more than
<br /> � , 1�r�lwe monthlY PaYcnants,xt L,�nci:r'r sole discration. � .
<br /> R, , ..,,tTpon pay�nvent in full of��! 5ums Socurod by this Secudty Inst�ument. I.Gndar.shall pro��gtly refisnd'tA.f3Prrower eny
<br /> ";��';� .'. �"�h�i�ls held by•'l.eni:er. If,under paragra��e 3",i.ender shall;icquive o.r.seU the Propecty,Lender,•����,-ir.,rim a!he�ci�lij�iHon or salq .
<br /> ���� ,'�; n�;1F tliie E'ro(�er�;.'., s1��JI apply any Funds helr�� Lender at d�time af acyi�ieiUon or sale as s cmilv asoiusa 2!�t suips aecurot3 f''v� ,
<br /> G�� . . . .tlie�s�ecarity InSttu�tlent. ' ;�.
<br /> '`'', . .�,AppliaSfon o�Paymanta.Unless applicable I�w,.1F�c,,��des otherwise,all paysei�nts ra;eivod by L��Qvr under M�'+�B�
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<br /> :�{'! l etid 2 shall be applied:first.to ury PrepaYment char�K:,llue under the Note: Secorni.to amounts p�ayablt;u�nder paraBraph 2:
<br /> '�%�� thi�d,to intr�rst due:foutth. to p�incipal due;and I:ut,tri,iu�y late churg�due under the Note. '
<br /> 's� 4.Ch�rtea;I.kns.Borrower shull p�y all taxcs,u:;�.q�ments.charges, fines and impositions�ttribnwb9a.to the Property
<br /> .� w}►;cl�may attain priority over rtfiis Socuriry Instrumenrt,;J�nd leaschold payments or ;tourd rrnts, if any. Fi�r.r�vya shall pay
<br /> ,�� tllevse obligations in the mu►aer p�ovideJ in paragrnph 2,{r^,��,:`not paid in that mannor. Barrower shall pay therr�m.n time directly
<br /> ,?� �o th��xrson owed paymenc. Borrower shall promptly furnish to Lender atl naias of amounts to be paid unc�e;itil�i�paragraph.
<br /> � �[g��rower nykes these p�ytnents directly,Borrower shall promptly furnish to Lerder reaipts evidencing the��trrtxnts.
<br /> � 8orrower shall promptly discharge any lien which has priority ovor this Sscurity Instrumtnt unlcss Borrow�r:(a)agroes in
<br /> � N�riting to Ihe payment of the obLigation secured by the li�cn in a m�nner acceptable t4 Lender;(b)contests in g�A�feith the lien
<br /> � Po���.,�or deferds against enfono�ment of the lien ire, kgaL' procredings which in the I.ender's npinion operacw•t:��•�revent the
<br /> � + •�r�U�orcement of the lien:or(c)securcs from the hnlder o£the licn an agroemcnt satisfacrory to Lcnder subor.�a�oapain�the lien ro
<br /> �!?;, this Security Irsstrument.If Lender det�e'rnirr�ti th�t �ny p�rt oE tM Prci�at�t}� is sub,je�et to a iie�wF•hech may xttairt priority cu�w
<br />• this Sa�ttri►y Tnycrumcnt,Lcndcr may g��ve 9osrowea a r�ice id�-rKifyi.n��t�p�x liee. &�rtower s�Fia[k�x��iRfy the liet�or tak�arr+s��r
<br /> � rpo�+c of the actinns set fonh abovc within �a d�ys af�he giving of noticx.
<br /> Fa�n 302e 91l0
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