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<br /> ' `4,M 4 ' < cove�ents now or hea�aRer e�d nn t�Qm�ett�►.�all ems�e�meats.�� � � �.
<br /> °�`.� • TOtiECHER WTSI�all the i�up
<br /> ts &nd additions shal! also tt� oovered Is�► tbis Secartty �°�==.
<br /> fi�tuxes aow or herea$er a part of the PmP�Y- � ��a�� �. �
<br /> - �: �smameat.Ail of�foregoing is r�fetrad to in this Seeu�ity Instrument as the°Properry•° � , �,y��.�i_'
<br /> �� �.. ' .---
<br /> BORROWER COVENANI'S that Borrower is lanrfi�ltY sei�d af�he estatc hereby wmeyed aad has the rigQt to grant ;�---:L;_
<br /> ~ ', '° oomrey the ProFeatS►azW that the PtapertY�s tu�ensumbet+ed.e�+eept for eatximbt•tuc�es of reootd. Botrower wattaats and Hi1! �.._=
<br /> ::r'^;- `.;-:,.� :.' defend$enerally the Hde to the Praperty a�ainst ali clsims�d demands.subject m any ensu�titances of�ord. ` �
<br /> THI5 SECURTi'Y INSTRUMENI'ovmbine.s uniform wvenants far aatinnal nse and noa-unifomi oovenaats wiW limitad �N"�
<br /> . .. � _- ,
<br /> _ �,�r�s:. vari�oas by 1��cxion to oonstimte a unifarm secu�tltY insuunaent aoverin$real Pro�►• t
<br /> - - �'- � UNTFORM CUVENAN't�.Borrower and E.etider caveosat�and agree es�oars: ��- 4=°
<br /> `4� � � &t�s y m�e n t a n d I�t e C h a r g e s.B o r�o w�r s h a l t-F m m P U N P a 3' w h e n d n e t h e �, �
<br /> � 1.Paym�t oY ffad�sdpal end.Int�est; ���es due under the Note. � -
<br /> t...��.�. .; :. ' ` p rin c i pal of and interest on tfle de6�evideaced by�tT�e Note ana any p�gxyment
<br /> � 2. e�eds ior Ta�es und Iasoranoe. Subject to aPPltcaWe!aw or to a w t tttea waiver by L e u d e r,8 o r r o a r e t s h a l l p a y ta � -.
<br /> '��,. , Leader on the day mont6Jy paymsnts asc dus under the Note.miW the l�Tate is paid in fiill,a sum("Funds7 for_(a)YeastY t�ces �, „�,
<br /> �.�:'s:.,�. . and asscssmeats wluch may suain prior►tY aver t t�i s S e c u s i t y t n s u u m e�a s a l i e n o n.t h e P r o p e r t y:(b?9�Y teasehold pa y w eats _ _ -
<br /> . � hazard.er iusumttoe remiums;(�Yeat1Y fiood insarauce gre�miums. _.
<br /> '•. ,#Y, ; or gmun�tents an the Pmperty.if any►:(e?Y�'�3' P�F�Y �• __ --
<br /> ... �•;,;r:� ; if aay;(e)yearlY ato�ge insutenoe pramiquls,��1►:aad(�anY_swm FaY$bte by Busower to Lender,in aeoocdaace wI1L �=•
<br /> `.x�: � . �> the pTavisians of_P�zagr�Ph�S;in tit�of th�_P�Y°1�nt of mortgage ir)suranae premiums.These items are calted"Escrow Items.° �._
<br /> ° .`�',y��,';r Leader m�yr at ai�'�ae,coUect an��tptd�ktmds in.an amou�?�dt,w.exceed the max�un amount a Iender fot a federally �. �
<br /> �`.,..`••. v'� � related mortg�ge 2oan taay�eqaire fof�Bdlx4wrZr's�emw ac�;ag�,;.,�er the f�de�t Re�t�ate Seutement Ftooedett�Act af . ¢ _
<br /> Y � 1974 as amended itom time to time,IZ'd:S:C.Sectioa 2601`�t�.-�°�5��►')•nnless aaother law d�at applies ta•t6e,.•Funds• _ _
<br /> � "
<br /> .� . sets a.�ess�r amouat.If so, Lender.may. at anY wne,�°11e�,��1..�il���uq�s tn.an antount not to exse�.the tesse�aRtount: � _
<br /> . ` Leader may esti�ate ths amount of Eunds•due on the 6asis.c��q�'�.d a t�a a d reaso n a b le e s�m a t e s o f��e n d i t w e s of futvre� �. _.
<br /> !}.� _ ' , . . � , � —
<br /> =� ,-. Bscrow Itcros o:oWerwise ia abcord4 ce with applicable law. �t � ir�saumentalicy ot eatity
<br /> `'� �i '? 't�e Fuads shall be held ia��insristitut�on arhose dep¢�9�:�e�iiuured 6y a federal a,gem�y►, . � '
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<br /> � t., .s , . � (incladla g Lender.if Lender is sud►`gn iastitution)or In a�+F��i�omg�'e.��.L�ecder shall apply the Funds w pay the a �
<br /> �• . :.;`; gssmw Items.Lenaer aray not charge Borm�ver for ho t d i n g an d;�pD l Y i ng t i�.'1�n d s,a i m n a l I y a n a l y z i n g t h e e s c r a w a c o o u n t,o s �,:;-.-
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<br /> -- �•{ ; o�&the Fscraw Items,unless I.ender pays Borrower iater�,st bn the Funds and applicable taw pertnits I�ender to makc sach �:---.
<br /> �``' a charge.Rawever.Lender sn�9�f,�e Hom�wer to pay a ou�e��a�ge for an iadepsndent seat�e taa seporling secvice _ -
<br /> ..,`r �,.� as� i.ender in conna.�tton wc�:i�3s toan..anless ap�lzc;�law pmvides atbernrIse. UWess an ag�nt is aeade�or � � ��
<br /> I f • �"'"� '� iateresc w.ti�`, d.l.a�der shali not ls�:�9'.�=vired to pay Borrawer aity interest or eamings oa the F�mds. - --
<br /> '�,�'� :;�,-;<:-, ap�lhc�le bw�� 1� . _
<br /> , � :����' ,'`� B� �L ffi der may ag�ee in writing,how�ver,ti�at int�nest shail be'paid on the Fnnds.Lender:�all,give to Bosmwer, ,
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<br /> � _ ,�• with �arge,a�t aqnual ac�onnting of the�:.sttowlea��cFedits and debits to the Fmnds�and t6e'. ,�e for vJl�ch each . ;y�': -
<br /> �`� '` �'`� ". led`.. as addw�►`��security for all sums secured by tC�.�t?n�tS►Insunmem. "`:"• _
<br /> :s d:-� debit t��Funds was inade.'i�e.Fnnd;are p � . : _
<br /> � t � . i�13.�.�unds heid 0y Izades cr�s�eed the amovnts ge�?�i�6e held by applicable la�v.Len¢ec�accobnt to.•1�rrower' � :.-
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<br /> �':� for the�at'�ss Fun�*,r,%�;'Rc���c�ith the�r���s:af`�cable 1aw. If the amount�ff�F��^u�a�d by Le�ai any _-
<br /> ' ` , ,..�:�7 ' ume is ndt sdffisIe���'�raY the Escrow Items wYt�n�e,I�►der may so notify Bormwer m��i�• y�di;'r.',�stich c�se�oirower ,f' � _
<br /> � �`' �PaY to Lender tbe amoant necessarY to make up the de�iciencyr:Bomower shall make up:tdi,�F�c�aa3► in no.more tban ', -
<br /> �.f.. ..' --
<br /> . .: , .�. ��k twelve manthlY PaYments.at Lender•s sote discretion. �,';;,' �..'_ � .' . . :?�:•, .__
<br /> ;: :,,,�' . refund to Borrowet any . . �m
<br />- ' :, <<.:.. •r�f:.� �n payment in full of all sums sec�ued 6y this Secu��!'Instnunent,Lender sbalk'.1f�+�Y -,;--
<br />- �,��E, , . _ ..
<br /> � '� Funds keld by I.eader.if,under paraBnPh 21.I.ender s0all ac�.ia'e or sell the Property.Lc�r�r,priar to the acquisition or sate � . �,,-
<br /> •.:������, of the Property.s1y�11 aPP Y�Y ' � .
<br /> ' ' . r'� • -
<br /> 3 r.-'. ,�ti;,: ,: I Funds he2d by Lender at the time af acqaisition or sale as a credit ag,.�the sums secuted -
<br /> '+ �: .. � �i��Sk,� this$ecuriry Insuuatent. • � �� y�. . _...
<br /> ��;,,.;;,°�. '`� ��rA �on oqP�aymeats.Unless applicable law provsQes otherwise,all payments receivedirj'1ta�or under Par�g�sp
<br /> � t�� � � ., . !'� :�nder 5 2: � . - -
<br /> �j;�, � 1 �;�ail be applted:first.to a�u}+prepayment charges due,�der the Nate;second,to aaa4�i��'�, . � ----
<br /> ;'(�;',' . `�'= ' , thi���"�interest Que;�ouNj,w prtaripal du�and last.to airy Iata chazges duB under the NQ�. . = - -
<br /> . � r�,4 ' '
<br /> 4.CBarges:I�•�oaawer shall pay all taxes,assessments.clrarges.fines and imPos�tions�rl3ivtable to the Paoperty .,-.:
<br /> �.x ��.!.�Y.Borrower shaU pay � °
<br /> ,f�';z �t;: ahicb may attain p��cisY over tbis Serurity Insavment,end leasehold paymeata or groand re�►ts,
<br /> . these qbligatians in the manner yi!'�.3ded in paragaph 2.or if aot paid ia.tUat inanner,Bom,�sy�es s6aU pay�hem on time direcily . � .._
<br /> �1f`�xi, ," �'s �• W the�erson owed�aymeat.Boit?�t�shall prampily tiunish to Lender sU notices bf av�t��ts W be paid umder this paragraph. _ _
<br /> ��,.�`,4" :. . -
<br /> �:F..; I f B o n o��e r m a k e s t h e s e p�a y m e n t s�i r e c t i y.B o r r o w e r s i�a l l p r o m ptl y fumish to Lendet�ts evidencing the payments. ,.
<br /> � '' r'�' �ombwer sd�all psoinptly discl�arge any'lien whtch has prioriry over this 5ecurity Iasuume.ni ualess Borrower.(a)agrees in ,, :.. -
<br /> : ,,n`�S'. . --_
<br /> - L'<:�.�`�{�� ".;�:. �wra���to the payment of the abligation secured'b�the lien in a marucer acceptabte to Lender:(b)contests in gaod faith the liea '.::',. -
<br /> �r. ;.��r `. �S* i�s.�efends against enforcement of the lien in, tegal P�oceedings which in the Lender's opiniac��petate to preti�e�t th�'- :�; �
<br /> , �jsent of the liea�;or(c)secures from the hotder of N�,i.t�.an agceement saHsfactory to tender subardi�nadng�.k��n 40 �•_
<br /> �'';.���. ::�`,..�t�:jR� ;��., �.t�;w��rfty instwnent.If Lender determines tFtxz aay past u'�t�e PR+operty is subject to e lien whlch may attaln=��try ove� —
<br /> ;,�i��s,., '�.'�i>;#;:.::,.. tttis Securiry Insuumen�Lender may give Borf�.eier a natice identifyiag the lien.Barrav.e�shal! satis€�r the lien or take one or �-
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<br /> r'�.;''.�•�:��.' rt� more of the actions set forth above�vithin 10 d:�of tiie giving of noticx. ._ ---••-
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