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<br /> ��'� �,�° TOGETHLR WITH ull thc impr��venunts now on c�reuf'ter erectcd on the properry,und nll cascmcnts,appu ei nccs, and
<br /> ',�:� �`�� fixtures now an c�i�eufter u nan ut thc pr�►{x�rty. All repl.icements and c�dditirnis shull ul�o he covcred by this Securiry
<br /> Instrumcnt. All i�i'dic fur�goinb is rc(crrcd tu in Ihi,Scrurity Insh-ununt i►y thc"Property."
<br />�`�'*•:�'.� BURROWER COV�NANTS U�ul Burrowcr i�luwt'ully�ciscd of the estiuc hereby canvcycd nnd has thc right to grant and
<br /> ' convcy thc Pru�rty�tnd thut thc Property iti uncncumbcrcd, cxcept fur cncumbrun�rs of�-cci�rd. B��rrowcr wurrunts uncl will
<br /> --"'" Jcfend generally the title tu the Pmperty aguinst idl clnims und demund,.+ubj�ct tu uny enrumbrunccti u(record.
<br /> "`"""'� TH1S SE?CURITY INSTRUMf?NT combines uniform rnvenunts for nutionul use und non-unitorm covenunts with limital
<br /> �_��w�_
<br /> „yp�� variations by juri+diction tc�c��nstftutc u unitirrm sccurity instrumcnt cavcring rcid prop�:rty.
<br /> -.� UNI�ORM C�VENANTS,Hormwar und I.endcr covcnunt nnd agrec as follows:
<br /> ;:.� l. Aayment oP Princlpul wnd Interest; Prepnyment and l.nto Chnrp{c.v. Horrawer shull promptly puy when due thc
<br /> principul of und intcrest on the debt evidmiced by the N�itc nnd nny prepuyment und latc chargex due under the Note. -
<br /> � '�•� � 2, Funds far Taxes nnd Insurance. SubJect to iipplicablo luw�r to c► written wuiver by L.ender, Borrmvcr shal l pay to
<br /> ;�.:�x��
<br /> '="�.�:�' I.,ender on thc day monthly puyn�ents are due undor the Note,until the Nntc is pnid in Full,a sum("Funds")for: (n) yeur y taxes
<br /> ''-=•���5`� and assessmenth which muy uttain prioriry over this Secur iry Instrument ns a lien an �he Pro p crty: (b)ycarly leusehold payments
<br /> •"��'' � or ground rents on thc Property,if uny: (c)ycu�ly huu+vd or propeny insurance prcmiums;(d)ycarly ftood insurance premiums,
<br /> � •.:
<br />_°j:"'�� if any: (e)yeurly mortguge in�uranee premiums, if any: and (� any sums puyable by Borrower to Lender, in accordanee wit
<br /> .��;;�,'�:
<br /> j.,��pr the provisions of paragraph 8. in lieu of the payment of mortgage insurance premiums. These items are culled "Escrow Items."
<br /> � ' =r Lender rnay, at any sime. col lect and hold Funds in an amount not to exceed the maximmn amount a lender for a federally
<br /> ti:�;,`'=';"., '
<br /> •,.'�`y related rnortgage loan may require for Borrower's escrov�accaunt under the fedcrul Real Estate Settlement Procedures Act of
<br />`�='';'��i 1974 as amended from time to time, l2 U.S.C. Section 2601 et seq. ("RESPA"), unless a�r�ther law that applies to the Funds
<br /> ,:�;�`;;'.:, sets a lesser amount. If so, Lend�r ms�y. at any time, collect and hold Funds in an a.r�tomrt aot ta exceed ltie lesser amount.
<br />�;�'yi�"` L.ender mu;� esdmate the amount�4'Funds due on the basis of cei:rent dnta and reasc►na6te esieis�ates of exRendi[ures«�f��ztare
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<br /> Escrow items or otherwise in accordance with upplicable law.
<br /> °''•"' T'he Funds sh�tll be held i� an institution whose dcposits are insured by �federal agency, instn�►r�cntalnII}�, or entity
<br />-��,
<br /> -;"-+�� (including Lender,if Lender is such nn institution)or in any Federal Home[.onn Sank. Lender shall ap�ly t�h�Funcls to pay th�
<br />��;;T :•�; ; Escrow Items,L.ender muy not charge Borrower for holding and apptying tStie Euncts,annually analyzing th�escrow ucc�unt,or
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<br />�-y_;,<<" verifying the Escrow Items,u aless I.ender pays Borrower interest on the�unds nnd upplic�ib9e law�permncs Lender eo make suc
<br /> =,� a charge.However, Lender may require Aorrower to pay a one•time charge for nn intlepandent rea! cstate tax reponing service
<br /> �� �y ��ndPr in connection�vith this loan, unless applicable law provides otherwise. Unless an agreement Is made or
<br /> --- applicable law requires interest ro be paid, Lender shall not be required to pay Borrower uny interest or enrnings an[he Funds.
<br /> _ — Borrower nnd Lender may agrce in writing, however, thnt interest shall be paid on the Funds. Lcnder shaU give to Burrower,
<br /> --_= without churge, an amiuul accounting of the Funds, showing credits and debits to the Funds and the purpose for which each
<br /> debit to the Funds was made. The Funds nre pledged us additionul security for all sums secured by this Securlty instNment.
<br /> --� If the Funds held by Lender exceed the amounts permitted to be held by applicable Inw,I.ender shall uccount lo Borcawer
<br /> far the excess Funds in accardance with the rcyulrements of upplicuble luw. lf the amount of ehe Funds held by L.endcr ut uny
<br /> time is not sufficient to pay theEscrow Items when due.Lender may su notiPy Bc�rrower in writing, and, in such es�se Borrawer
<br /> --- shall pay to Lender the amnuN nccessary to make up the dcficiency. &�rrnwer shall make up the def►ciency in no more than
<br /> twclvc monthly paymcnts,at Lcnder's sule discretion,
<br /> Upon payment in full of all sums secured by this Sccurity Instrument, Lendcr shall promptly rcfund to Borrower any
<br /> Funds held by Lcnder.If,under parngraph 21, Lendcr shnll ucquire or sell the Property,Lcndcr.prior to thc acquis(tion or sale
<br /> of the Property. shall epply any Funds held by [.cnder at the time of acqui�ition or salc as n credit ugainst the sums secured by
<br /> this Security Instrumcnt.
<br /> 3. Appllcattan o[Ppyments.Unless applicable Inw provides othenvise,all payments received by Lencler under paragraphs
<br /> 1 and 2 shall be applicd: first,to any prepayment charges due under the Note; second,to amounts payable under paragrnph 2;
<br /> third,to interest due;fourth. to principal due:and last, to nny late charges due under the Nate.
<br /> __ 4.Charges;Liens.Bonower shall pay all taxes. assessments, charges, fines and impositions attributable to the PropeRy
<br /> -��na� which may uttain priority over this Security Instrument,and leasehold payments or ground rents, if any. Bonower shall pay
<br /> these obligations in the manner provided in pazagraph 2,or if not pnid in that manner. Bonuwer shall pay them on time directly
<br /> to the person owed payment. Borrower shall promptly fumish to Lender all notices of amounts to bc paid under this paragraph.
<br /> If Borrower makes these payrnents directly,Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br /> "'�� Borrower shall promptly discharge any lien which hns priority over this Secunry Instrument unless Borrower:(a) agrees in
<br /> _^_. writing ro the payment of the obligntion secured by the lien in a manner acceptable ro Lender; (b)contests in good faith the lien
<br /> ----- by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
<br /> —=--_--— enforcement of the lien; or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to
<br /> _ _— this 5ecurity Instrument. If Lender determines that any part of the Property is subject to a lien which may uttnin prioriry over
<br /> _*!cr ��
<br /> this Security Instrument, Lendcr may givc Borrnwer A notice identifying the licn. Borrower shall satisfy the lien or tlike onc or
<br /> ----_-�.�� more of the actions sct fonh above within 10 Jays of the giving of notice,
<br />� -"-��-;�,'� Form 3028 9180
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