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<br /> � 98� sas�s�
<br /> T'OGG7HEit WITH all the Icnproveuraits now or hereaRer erccted on tM ptoperty. anc!al�a�enxnts,�ppurtcc►�nces,
<br /> fixtt�ra now or hercafloc � p�n uf tl�e property. All rcpl�cemrnts rnd �dditions shall also be covered by shis Securit��
<br /> inunirt�ent.All af tbe forcRoiry 1� nferrruid to in this Securiry lnurumeni�s ihe"Propeny." ---
<br /> gpRR�WER COVENAr1TS ch�t Horrowes is I�wfully seised ot the estue tiercby conveyad �u►d hRS the right to gnu►t ind
<br /> �vh, � p�y �nd th�t the propeny is�u�encumberod, except for rncumbru►ces of recurd. Borrower wurants and wili
<br /> defpd Reue[ally[he tftle ta the Propaty+�ains�.all ciams snd demuacls.subjxt to any cncumbrusus of rccord.
<br /> THIS SBCURITY INSTRUMENT combirns uniform coventints for nation�l use�nd non•unitorm covenants wi�h IimiteA
<br /> v�riuiorts�by jurisdictian zo conuitute a uniferm xecuriry inctrument covering real propeny.
<br /> UNI�ORM COVGN�NTS.Bortower and l.ender covenu►t and agree�s follows:
<br /> 1. Paytnent of Prind{wl�od Inta�at; ltir+e���ent �nd I.ate Char�es.Born►wer shel! prompt[y �ay when due �he
<br /> princip�l of and intenst ar�he debt evidenced by�1�e Na�:w�t�aY P�'�P�Yment and laie charges due rxrxkr che I.�Iae.
<br /> 2. Funds fer Tiuces�nd I�sw�na. 5ub,iecc�a aq�►ti�ah[c fiw or ta a wrinen w�iver bf ��eer�cc. 19o�rcrwr.r. slazii.Pay co
<br /> L,endtr oa thc day monthly psyme�ets ar.e dr�e un��er c�e L�Io+.e,unr.iL rhe Note is paid in ful��a sum 4"Fvnrfs"T tv.r_(a}year[p uxes
<br /> w�u:�;,s�,.,,,:.�;s�4:;.2:rr.ry•rr.��rr;t►Mry over rDis Securinr 1n�tm�a►ent as a licn on tbe!'mpertY: (bD y�1�r l.exs�eiwkf paymrnts
<br /> or gro:tr�f ce�ts e�tkee Pr.wpen},iF any; (�)�reuly F.r,u,axd ar pr.openY ins��raace prcmiums:(d)yeauly IIo�,1 i.u�ur�ooe premiwns.
<br /> if�ax:f�)Y�Y�rt8�8e insurance premiums�i,f-,��y: an��� uny sums p�yable by Bor[ower to M.�ersc;'r�°,zr accordana wi�h
<br /> the provRsio�as of pt�r�graph B.in lieu of the paymex►a v�'uwrcg.�e insur�nce pr�nuums,'t'tuse items are r„..a�r�;"Escrow Items.' .
<br /> Lender tq�y. it my timc.collat an�! hold Fw�ds in an a�aa�'.�m r�oc to exesed the mvcimum arnount a'I�e:raJer for a fukrally .
<br /> ' rr.lated moK��e loan may roquins foc Borrower's acrow acoount under the federal R�al Es[:te Settlemes�l P�ncedura Aa of .
<br /> 1974�ama�led from t6me to time. 12 U.S.C. Sc�:�.i�n 260t et seq. ('RESPA"),unlas uwther low th#z xpplies to the Funds
<br /> ; sets a lesser�mount, lf so,L.rnder may. at any n��:uz,+�liect �nd hold Fwads �n�unaunt not ro excee:��he lesser ymount.
<br /> i.ader ma�'atimue th� �uac of Fwods due vs rc�b�sis�f►.�umei►t dua and rcasonable estimues of�r.xpaxtitures oi futurc
<br /> F.�Cr�riv Ilem�Oc dheiwlst u1 ODC�iT�'fie17Y`vE Wilh app11C7lblt law�.
<br /> 4 'tb� Fw�ds shatl be beld i�n a�c ��iaseitutiao N�'ltose dep�sits ut insured by a feder�l agGncy, instc�umau�licp, oc w[ic��
<br /> (itkludin�LrtKier��f Leaetkr is su�h an instituti�'a>�:�in aay Federal Home 1Joan Badc.Leader stu�ll apply the F�nds to My the
<br /> a,�.�.,ir...K,i mter����y eoc chantt Borrowcr f•�s',UWing�applying the Fuads,mnwlly analyzin.�:i:r.c-:escrow account.or
<br /> ' veri(yiu�,the Escrow Gems,unkss Y.eader Pays 16%rnamwu in[enst on tbe Funds aoA appticabie iaw perJ.n��s:.�:�nocr io���x.�
<br /> a c3�eree.Howeva, landa m�y nequere Borrower to piy a oz�•um�chuge for m indepexdent re�!ettaa�e.�}�,r xepor[in�e aavia , �'
<br /> m
<br /> wed by I.ader ia 000trxticya v�iaXi nhis lwa. utlless applit�xfn4t law provides othawisc. Unless w �reair�ent•�r ,r��:wdG o�; .�'
<br /> npplicabk law ra�uirw�nmrn�t��z paid, l.a�der shall not be�:r:;�i.red to p�y Bomower any intercsc or exmingi�d�i ti��xc ��s�tr�t.`�-.
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<br /> Borrower aad L.end�r t���.�a�m in writing,however.that inter�;t sbill t►e�ar�.c�on tbe Funds. Leader. �1:raJ:i�vt.'tb��15�:����1u'�c,t
<br /> witbou[charge. �n x�:+vi:�:��nB of[he Fupr�s�, stwwiag�m�.1i�u�d•6(�.��i�ts io the Fwids and tho�fu•r:�,��»u'dor w��r�'trich'; .�'
<br /> � debit to ibe Funds wts made. The Fnnds ue p1e��aA�s dditic+nr�'.security for all wms serum.d by this S�+v�r��y�3nttrU,�•
<br /> If the Funds held by Leade�exceed the uno�t�n.ts pecmitted to be beld by applicable l�w,Lender shall�ceo�int to'�G%orrower
<br /> ;; foc tbe exau Fw�ds in aaordmce with the rcqj�hnennene of applicable law.If the anwunt of the FundY bodd 6y l�mder u any
<br /> a tiine is oot sufCckat to p�y ttx F.scrow Items wl:r�a due. L,ender may so notity Bocrower in writins,snr5',i'r1.:a►ch ca�e&xrow�er
<br /> � sball pry to Lender tbe amount�� to m�ke up the deficieacy.Botrowa shall make up the de,f•e�;�n:y in no marc th�n
<br /> trvdve monthly p�ymrnts,u I.eader's sole discretion.
<br /> � '•1i�z�paymau in full of al� sums secured bY tbis Security Inurumeat. Lendet st�ll prumptlY *efued w Hormwef a"y
<br /> F�nods t�rJd by L�ender.If.unda par+gnph 21,Le�er sh�ll scquire or seil the Propeny, L,enGer.priar to ifu acquitition or sile
<br /> of th�P�openY.sh�lt yPPb•aqy F��1d by l�euder u the time of�cquisition or s�le as a credit agannst the wnu socured by ,.
<br /> this Se�urity lmarun�e�srR. '
<br /> : �, af Rymats.Udas appiicable I�vv provida otberwise,s11 WYmaits rettivod by l,eader under.x�,�'.��.:. .
<br /> { 1 aod 2 shalA��lied= fitsn,ca�uy prepaymea�chuBa due under ihe Nae: uoond. to�mouncs p�yabk uader pqr�ti;�:i�rii 2: ,
<br /> Y third,to iuteraa due:founh. co princip�l due:and last,to any late ch�r6a due�mder t6e Nae. . .
<br />-:�j +.�;l,kas_Borrorver shall pay all taxes,assessma�ts.chu�a� fiaes aod impoaitioos attdk�ut�ble ta the Property
<br /> '�� Whi� m�y atcain prioriey ova this Savrity Iosrnuneat. �od lasebold payroeats or ground reots. i�q�"���sh�11 pty
<br /> ���' these c�blia�tiaas iu.tbe eunner Provided in paraaraph 2,or if not paid ip th�t m�ooer,Borcower s6d1 p��.�c'l�em on time directly ,
<br /> ,� to�►�;��raon owod ptymeat. Bor.x�*aer th�ll prompdy furaish to L�nder sll notias ot amounts to be ptid under tbis par�raph.
<br /> If 19c�:m+c�r,va maices chao p+yineaa��!istttlY.Borrower s6a11 promptly fun�ish ta l,e�nder rer:ipts evideacing�be paymea�s.
<br /> �onrrwer sGall prou�cly dis�"�.aage smy 19an whid►has prioriry over this Sauriry Inutumeat unkss Ho�rower:(s)agrees irt . .
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<br /> t, w��i3 tLe pa�sn,��3�vf the abAi�uio�soain�b�y the lirn ia a ntiaaner acceptable to Lender,(b)caaceus iu aood fai�h che liea .
<br /> � bX'� cmr�b{�iwdc a6ai�u eaforocan�c�.c cf the Airr,:�en, leg�l ptoceedingc w�itich in tl�e L,ender's opiaiva ca�aerate to prevatt the .
<br /> � ���i;.n7::�of tbe lim: a(e)scr��nex.fmm the dolder of the lien an a6neement satisfxtcxy+to I..endec suder,dic�i�r_�dtrt Iiea to
<br /> � this 5a��ity Instrument.lf l�ndl�r 4'•t�sermines th�t an��put of ttie Pro�aer.ry is wbjact cer a�iea whedi m�y aRtain���raiaiy over
<br /> •r' . this Security Instruma►t,Leader mry give B�xr.ower a notia identifyia�rBe tien. Botrower shall sar,'rsf.j tl�e lien cx eaa.s:�one a
<br /> ;t<< more of the actitx►s set fonh above within la drys of the giving of naice. . :'�'�
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