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<br /> 'fOilETH��t W1TH ull ibc improvuncnts now or herc,�fter erectal an thc pmperty.und ++II easomem+,uppurtenance�. and
<br /> Gxtuces now ur hereAfter �► pxn i�t' the pmpccty. Atl ix�lnecment5 und ndditions shull also he �tiwercd by ihis Sec�uity
<br /> [nst�unxnt.All Qf the fareguinu iti�efemd ta in thts Secunty instrumen[a5�ne'Fn���c�iy."
<br /> BORRQW�R COVENANTS that Borrower is lawfully xised uf�h�atate hercny convoyed and hux thc rigt�t tn gr�nt a�xl
<br /> cnmey the ?roperty and that the Propetty i�uruncumberod, exctpt for encumbran�xs nf teconi. Hc�rrawer wxrrxnts urnl will
<br /> defend�rnenlly the��t1��a tha Property+iBAinst all cl�imx w�d dem�nd9,subJect w uny encumbrw�ces r►f recanl.
<br /> TH[S SECURITY INST'RIJMENT rnmbines unitorm covenanta ior natioruil ur,t and non•anlform covtn�ntk with limited
<br /> variationa by jurisdictiva io constitute a unifum��urity inatrunxal covcring rcal prap:riy.
<br /> UNIFORM�OVBNANTS.Bormwer and l.ender coven�nt iuid�groe�s folluwR:
<br /> 1. t'ayme�t ot IMncip�l �d Iata+est; Preprymeet Mnd l.�te Clur�rs. Aorrowcr sh�ll prnmptly pay when duc the ,
<br /> princip4l of arni interat on the debt cvidencad by the Kote und any prepaynxnt and l�tn charges due under the Nato.
<br /> 2, Fundt [or Tiuus�nd Inaurance. Subject to Hpplicablo Isw ar to a w�itten w�iver by Lender. &atmwer shall p�y to
<br /> Lender on tho dey monthly p�ymente aro due undcr thc Nnte,until the Nate is paid in full.a sum("Fund.')io�''p J�Y�nts
<br /> and�essmentw which mny attain priori�y wver this Secudty Instrumcn�as u lien�n thc Property��n>y y P Y
<br /> or gmund ronss on�h�Property,if say�(c)�rearly haritcd or propenp Insu:r.au�ce premiums:(�tA Y��S' ��insumnco premi.uma.
<br /> If any; (e)Yead,Y r,►•x+�tBaR,e Rnrt�erae�as prm!►i.ums,if any: and(�xn� sucrrs p�ya►?tc taX Boircrawe�r.o I.ender, in acco�dm�o wkrJr, i
<br /> the proviaions og Qa�gx�h 8�in lieio of tt��e psyment of moRgage i�ra�e�cr pce►r.uurr�s.'i'hesc ite�ns ru�ca�lod"lEscmw 1e�nas." ;
<br /> [.eM1er may, ak#nty �ime.ootta,ct and hokl Funds in an�ut�ount nvt ca cxc�ood�cnaximum arnount a lendeQ for a faderully �
<br /> rc.i�ted mongag�Iooia roay roqu►rc for Ean+awer's acrnw�cecwnt under tl�c federsl Re�J Esute Settlemertt Pincrodures Act uf
<br /> 1974 u amt�nded 1From time to time. 12 U,S.C.Sectian 2601 et srq. CRESPA").unless�er law that�ppties to 1he Fumds
<br /> sets a lesser umount.lf sa, Le�der map, at any dme. �!lecl and hold �ulKls irt�n a�moant no3 iu excaad il�� te�scr�aavr:.
<br /> Lrnder m4Y cstim�te the air►o�unt of Funds due on the ha�is af cumnt dau and nasotable estimues of e.�rere�iture9 af 1'uturc
<br /> Escrow Ytems ar otherwise in aceordance with appli�blc 9aw.
<br /> 'il�e Funds sMall be held in an insciitution whosc ckposits �rc ��LSUrai by x faderal Agency. instrumentaliry. ar wxity
<br /> (including Lender.if Leoder is sucb an�i��;r.i:enstion)or ii�x��y F�.ie:a�ui,s�sna Lcas►Batu'.Lettder s!tall«Fply tht FtuNls to pt!y tt�e .
<br /> F,scrow Itans. I.ender cnxy nat_chxrga iAs:a:�:;wer far holding aod app��iea�tlx Funds.a�nually u�alyzQng the escrow account.ar
<br /> verifying th�Escrow(tc�s,�r�r�exs 1.e�1da'p+Ys Borrower intercst on fhe Funds ancl applicable law pem�its[,rnder to meke auch
<br /> a charge.Howevcr. T.end2s uv.sy requin Borrower to p�y a one-timc charge for�n indepndent ral es�to wc rep�rt��B aervioe
<br /> used by txnder in oonneeti���ti with this lan. unless applic.�ble law provides otherwise. llnleu an agreanent is madc or
<br /> appliqble law roguires interest W be p�id. Ler�der shall not be rcquim.a�to pay&►irower any interest or araings on the Funds.
<br /> Bomnwer and l.rc�r rnAy���n+e in wri6ng.l�owever. that i�teoest 59�::'l� be p++id on the Fuc�ds. [.tnder shall give to&nrnwer,
<br /> without charge.+�n annus,t sr�::rnu�ting of the rvn�s,shayving enodi�„c►rsci�it�t�t3-.�:�ar�i�se pus�xx far Wl�h�
<br /> debit to the Funds w�s mi�lc•.'Y,'3�e Furwls are pledged av�r�ition�l sec�Hty for all wms savre�d by this Security Inatnima�t.
<br /> If the Fuqds.held by;L;��er exceed the ama►nts ptri�itted ta�e!laeld by epplic�ble law.Le�der sl�all a000unt to 8orrower
<br /> foc the c�cct�s 1���s•itr�in aaot+tkt�ee wAth�1ia roquirements of appl3�i:�b�e il,aw. If thc emount of tt�c.Funds held by L�der at i�r�v.
<br />- rime is nc►t su�cuYe:�Ln�to p,y�t,e Fsc►+��hacr,.,;when due.Lender may'sc�ttodfY Bormwer in wtiti.ng,�.in aud►c�se Bt�q•a�se+�r:c :'.
<br /> sl�ll p�y to[�ehti�r'the w�i�u�4s3�rry.�o rtuke up the deficiency.Borrower aiu�ll make u� iin�defisimcy in no marC�t��?��n .`,•„
<br /> twelve n�onthly PaYmaus�;���i il�aider's sole disccetion. ' ',,'�", .�,;,,; �'
<br /> UP�P�Y�ia full"'tif dl surt�socured b this Securiey Instniment. Lrndu shall Pc'nmpclY refund to Borrowt'r bav;��i. �',•.�';.; .
<br /> Pund�held by I.nder.If.undu p�agrq�h 21. La�der sh�l aoquire or sell the Pt�operty.Lender.Prior to the svquisition or�ti�`,•.,����;`'`
<br /> of the Prope�ty,sball ap�plY u►�r Funds held by l.axler at the time of wquisition or sale as a cnalit ag�lnst tha sunns axune�,M;;i'.
<br /> this Sec�rity ImwmaM. ,�,
<br /> 3.A�liaitiop otla�nuents.Unless applicable law provides ntl�etrrise.all paymaMs rea[vad by C�eader.under p�cagn�phs
<br /> t and Z�fWl be appiied: firac.to.ny P�sYma�t c�aTBa�ue under the Notet s000nd.to amour�s {xty+iblc�ai�tl�r pecagrsph 2:
<br /> tdl�d.to i�due:fouith,to princip�l'�1ae:�nd lou.tc►any I�te cturges due urxkr the Note. .... ..,. , '� '� '
<br /> 4:Gip�n.,�t±,��Yie�.Aormwu sl�t��..,�a}�all wces.assesscnents.charges. fines ard i�iqos,�x:sittnbuUbk so tho Prt�a�r3y
<br /> which rntiy,`•iF:nuen;�riority ov,er thia 5oClr,rit�Instrument. and lcaxhold pymaits or ground�rlul•if�ny. B��rawa aha�.;�,f�f,
<br /> these obligKj�¢�j��1he ,ryp�i�rrt'proviJed in p�r+graph 2.or if not p�id in deat rnanr�t.,Barrower sNatl pay d�an m tirae direCfly , ,
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<br /> W the persd�':��'�r�yi pryt�°�t.:'Borrower shill prumptly fumiah to Lender dl noti��c:;+o'ln,mounts to be pud uidec thix pnragraph. ,-,-,,,
<br /> If Bormwer;m:�'��tAesc'ji�}'hnents dinxtly,Borrower ahdl pron►ptly tln'.*.�t�ish to Lc�1'er roceips e�'idenclo8 the P�9°na�ta• .
<br /> Botrdrv�ur.:aht��Pro�Y��r8��Y litn which hu priority'c��,>ws�this Secudty lnstrumeat udps Borrowa:(�)agrea i�►
<br /> , writing tq thi�l�pY�u of the obligation secuc+ed by the licn in a m�nner accxptable to Leoder;(b)oontests in good faith the liea
<br /> ;�7E�3', or defa�dri against e�rnfimema�t of the fien in, {¢���roceedings which in;tl�e I.ender's opinion operate to p�.went the
<br /> � w�c��fs��t,of the lien:op�c)secures Erom the hol�.�;:ti�e lien an agcament�neisfac.tory to i,ender subordirnting the lien w
<br /> ."lAi�5xnrity lastrumrnt. If l.ender dctrx�unes that Adsy;;�1rr of the,�c�opMY is sv�oct to a lien which m#y attain priocity ava
<br /> thls 5eruc�rter bi+r:wauma►t. I.ander may�i;c;ir;s4orrower e nexice ident}'�:fiag thC Nen.Borrower s�as�1}.saasty the lien or take one or
<br /> �, ��•Q��e�Pa,�ii.ins set forth abo�e wid4��;�50 days of tl�e giving of�{�o��ere. � . ..
<br /> . , . F«m 30� !1!Q .
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