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<br /> T'(�ilE'iNEiEt WITH all the Inipruvenunts naw or hereafter ercetecl un the properiy, uixi all euscme►nts,uppurtei�;�nccs, and
<br /> fixture� now or harcuttcr u pan of the pru�xny. All replocements ancf addttlons shall ulu� tx cnvercd hy this Securiry
<br /> Instnmx�nt. AU of tl�e for�Foing is refcrred ta in this Security Instrun�ent ns the "Pmpeny."
<br /> BnRROWER COVENANTS thut Horrowcr is luwfully sci.tied of Ux: estate hereh}c��nvcy��d a�xi hAS the nsht ro grant a�xi
<br /> ronvoy thc Property urnl ttu�t the Propeny is u►►encumhered, except for encumbrunces uf recard. Horrower wArrunts u�xf wiEl
<br /> defern! genetally the title ta the Property ugainst nU claims a�xl den�ands,cubject to uny encumbrunces of recc►n1.
<br /> THIS S6CURITY INS'fRY1MENT combincs uniforni rovcnunts fur natloml use arni tx�muniForni covcnarts with Umital
<br /> variations by jurisdiction to constltute a uniform security instrument covering real property.
<br /> UNIFQRM COVENANTS.IBorrowtrand Lender covenant and agree as fullows:
<br /> 1, psyment n[ PrincipRl �nd Intereet; Prep�yment �nd Late Cluu=e�� Bo�'rower shall promptty pey when due the
<br /> principal of und int�rest on the debt evidenccd by the Nate and�ny prcpayment and lat�charges due under�he Note.
<br /> 2. E'unde for Twces and Insuraace. SubJect to upplicable law or to a written waiver hy [.ender. Borrower shall pay to
<br /> I,cnder on the day monthly paymrnts att due under thc Nate,until the Note is paid in full.A sum{"Funds")far:(a)ycarly taxGc
<br /> and essess�nents which may attain priority over this Security instruu�ent e.� a lien on tbe Property;(b)yeurly le.asehold}�s►yments
<br /> or graund rents on the Propeny,if any;(c)yeady h�za�or property inwrar�ce premium.c;(d)yearly flood insurrnce prenniums,
<br /> if�ny; (c)yca�ly mortgage insucnnce prcrniumy, if any; anci(�any SurtLC payable by Borrower to Lender, in aocordana with
<br /> the provisions of paragraph 8, in lieu of thc payment of mongage insurance premiums.T'hese items are called"Escrow Itemc."
<br /> i,endcr may,at any time, cr,llect and hoid Funds in an amount not to exaed the niaximum a��wunt a Irnder fo�a federally
<br /> relatc� mortgegc loun may require for Borrower's escrow account under the federat Rca.l Estate Settlement Proccdu�Act of
<br /> 1974 as nmendod from time t�time, 12 U.S.C.Socdon 2601 e�seq. ('R�SPA").unlrss another law that Applies �u the Funds
<br /> sots a lesser amount. If so, i.ender may. at aaiy time, rnllect and hold Funds in an unount not to exceod t.he lesser emaunt.
<br /> L.endcr may estimete [hc amount of Fonds due on the basis of currcnt ds�te and reasonable estlmates of expenditu�s of futurc
<br /> Fscrow Items or uil�erwise in accordance with applicable lyw.
<br /> 'Il�c Punds shal! be held In an institution whose deposits are insured by a federal agency, instrucnentality, or entiry
<br /> (incluciing Lender,if Lender is such an instftution)or in any Federal Home Laan Rank.Lender shall upply the Funds to pay the
<br /> Escra�w Items.�.ender may not charge Borrower for holding an�i applying the Funds.annually analyzing the escrow account,or
<br /> :;;�;��}n;st:z Es�*ew lr��,�,��nlK�t e,dr.r pays 13�rrowr.r intercst on ttie�unds and applicable lew permits Lender to make such
<br /> a charge.Howevcr, I.ender may require Borrowcr to pay a one-timc charge far�n indopendent real estatc tax repoiting servia
<br /> q�od by Lencler in connoction with �his loan, unless applic�ble Iaw provides ottKnvise. Unless an s�greemem is made or
<br /> a��plicable law�quires interasf to be p�id.I.erder slwll not ba roqutred to puy BorroM�rr miy intercst or cunings�an ct�e Funds.
<br /> ��v�r�r and(,ender may agree in writing,however, tlat intertst shpll be paid on the�nds. Lender shall givc to Borrower,
<br /> without chatge, an annual aornanting of the Funds,showing credits and debits to the Funds end t1►e �urpose for which ex�s
<br /> debit to the Funds was made.The Futi�ds an pledged as additional socurity ia all sums secured by this 5avrity Instcummt.
<br /> �tthe Cunds hdd by Lender excad the anaunts permittod ta be held by applicable law. L,etder sh�ll account to Bomow�r'
<br /> for d��,exo�a Funds in acrnrdance with the requirements of applicable Iaw.If the amount of the Funds held by Ltnder at�ny
<br /> timo�is not sufficient to pay the Escrow Items when due.L.cnder may so notify Bomowtr in writing,and.in such cnse Bomowec
<br /> stull pay to Lendcr the amount naxssuy to rnnlce up the deficiency.Borrower shali makr up the deficjeacy in ra rtarc tl�an
<br /> twelvc montMY peYments.at LeMer's sole disr�etion.
<br /> Upon p�yment in full of�Il sums sauml by this Security [nstcument. Lender stwll promptly r+cfund to BorrnwcY any
<br /> funds held by L.e��der.If. undar paragrrph 21.Lender shxll ecquire ar sell the Property, Lender.prior to th�aoquis�tion or s�le
<br /> of the Property. siu�{�+�pply enY Futxis held by Lender at the time of scquisition or sale as A crodit against the wms securod by
<br /> this Security instrumau.
<br /> 3.AppN��ation ot Paymeate.Unless a�pplicxble Inw provides otherwise,pll payments reaivcd hy�l.ender u.nder par�graphs
<br /> ,1 end 2 shxU be appliad: fiRt, to any pKpaymnt cturges due under the Note; socond,to amourns paY�able �nder perrgraph 2;
<br /> tAind,, to interest due; fourth,to pra�cip�l due;and I�st.to�tny late charges due urdar the Note.
<br /> 4.Cl�es;Lk+�. Borrnaer sh�ll p�y all tazes. assessmcnts. ch�rges, fines and impositions attributable to the Pcoperty
<br /> which may xtain priority over this Sauriry Instrument,atxl tea5ehold payments or ground r�nts. +f.any. Hormwer shell pxY
<br /> thpe obligations in the manner pmvidod in patagcaph 2,or if not paid in that maiu�r,Botrower studi�cry them ox�dnM dit+ectly
<br /> to the person owed payment.Borrower shall promptly fumish to Lender all notic�s oE amounts to be ps�id under t�his paragrapt�.
<br /> if Horrower m�kes these paymznts dinrtly,Borrower shall promptly fumish to Lcnder receipts evidetxing t!►e pa�inents.
<br /> Bomower stwll promptly discharge any lien which has priority over this Security[nstrument unless Borrowcr:(a)agras in
<br /> wriring to the p+tyment of the obligation sccured by the lien in a m�snmr acceptable to Lrrnder;(b)cYmtests in good feith the lien
<br /> by, or defends against enforcement of ttie lien in, legal proceedings which in the L.ender's o�i�ian ope:rate to prevent the
<br /> enforcement of the lien;or(c)secures from the holder of the lien an agreement satisfactory to Lerxier subordinating the lien to
<br /> ihis'Secur+ty Instrument. If Lender determines that any para of the Propecty is subjxi aa a lien which may attain priodty over
<br /> this a�cxurity Instrument, Lencicc may give Burrower a nouce adentifying tho licn.Bor:�wer shall satisfy the lien vr take one or
<br /> ' more of the actions set forth above within 10 days of the giv's:Z,r of notice.
<br /> icxm 902e 91i0
<br /> Pap�2 018
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