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<br /> ' . • .` ' ` TQGEf'ii�ii 1NITH aIi the impravemens.9 now ot hereafter erected on tM prapecty.and all eatiemeat:v.appurcenances.and ,�. =,•-;,
<br /> _ . .. fixtur�s nrnv or hereattcr a Qart of the pro�enY- Alt c:placements attd addstions shatl alsa be n�cered Ay this Security :�..,:. ._
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<br /> - ' `��., tnurumen�All of�he fat�oing is rel'erred to in this Sccurity insnument as t6e°Pru�ny." ;.:..
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<br /> � BA1tR0��'ER COY�Np►NT5 that Born��cr is lanfully sciscal of the estatc itcrcAy cunve}cd az►d has the�ight Eo E.�'ant a� ,-. .--✓
<br /> . � ' - c o n�;e y t h e P ro p e n y a nc!that the ['ro pe rt y is uaen�wmberEad.�xccpt for encumbrrnres oi nrurd. &'m`utr��amancs�nd will �'`��.':: ''
<br /> � ` ��.�'' �` � defend generalt}the titie ta the Property again.t a1!cl;tims and de�nands.sub�ect to any encambr,uu:es o f r�.�ur d.
<br /> 1'H!S SECURI'f Y lNS7'RUbfENT a�mhiucs unifonn rn�cnant� Fur natianal wc and non-unifetmro�enants with limited ��.� ;
<br />: ' ., variatians by juricdi�tion to rnnstitutc a unifor�ss�urity instrument a.verin�rea1 pmpe�tY• `:.��-� .
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<br /> �r UNi�OItM COVENA1�iTS.Bortawer�nd l�:ier cuve�tant 3rn1 ugree us fullows: '..': >•,
<br /> a•hen due the �a. `.,':,.;
<br /> ". � i.1*a�ment of Frinci�al und[nterest: f�rpay�meat ea� late Char�rs. Burm�cer,halt pron�pdy pay . .
<br /> _ - �- '` princip;il of and�intq�t an the debt esidencec!by the Note ar+d any prepsymene:uuf tate charges due urcder the!�tote. ,`:.�`'
<br /> ._,_..=-�i�. P�Y i�:_�_;.:�`z
<br /> � —. ' -- � 2.Hand�:[it�t.'�p�s s�nd tasutam�e Subjcct to applicable l�v�•�x to a wcitsen wai�er by I�eadc�,BuROw�er shil! co
<br /> "` .. ` � t.endtr on thu dsqt�m�i»thtZt q�eats are due under the Note,until th�Note is paid in full.s sum t"Fl�ds')Yor.ta)yearly taxes i '".:�'
<br /> ` � ��': �, ...,_..
<br /> � arcd a�.�un�iN whiiih�iriuj{��tiuftt.priority over this Securit}lascavmsnt as a lien oa thc Pn� tb?yearty leasehotd pa}�rnents .,
<br /> ''�'�,, ,,: or gmund,trmmiti.an�Ql�t_i?t���e.i�it�any:lc1 yearly t�azard ar pmperty insutance p�emiunu:(d)ypriy Rvnd insurance premiums. �':. '.s'l,_
<br /> - :'� .1 if an}:(ol:yarr);x.innrlgug4.ir�€�(tfmce premiums.iL any:and 1� �Y �P�Yub1e by Borrawer to:fsader,in accordan��e wids
<br /> ' . tQe provisiaiia uf pqrsipsa�ll Zi:,ih�iieu af the payment of m�ngage insutaaca premewns.'i'hese itecrts are caldcd"Eurow Items.`
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<br /> ` �; ' ;�;•� Lender:may;�att�nu•.dma.�Ral�lf4�t uad hold Funds io an amount na� m exc�d the mnsimum amautn a leader for a federafly. '::``•i
<br /> ' � { ` � miazcd,cnury�ogQ,I�I�ui�tih�i%riqi���ne for Borrov►er s escrow account u�der tbe federal Real Estate Setttem�mt Procedures Act of, �,;;�.���``.
<br /> ; , • , � 1974 as amw�idi.�l��nam�tima:ti►�.1�me. t2 U.S.C.Seaion 2601 er se�. 1"R�SPA'1.unl�ss another law that appties co the Funds �.,;;`:; •,
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<br /> sets u leswr amaunh:�t;.�c�.,JGCnder may.ac any timc.mltect ar�d huld Fsnnds in an amount not to eaceed thc lcss�r amount. r_.�,r:;;•
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<br /> `� r �• Lendcr nt�;�•es2imatu.Iha°ud4vqrtt of Funds duc on the basis of cu�rit data and masonable escinuttcs uf ex ttUres af fudcre
<br /> �:z ` •. � Es..-row.Itcmg�an a�I�ar..vina�iti�accordart�with appticable law. :_ :'?.
<br /> '. 1'hQ Funila.shup;:Na�:liRtit�in an innitution whose deposits ere insused by a federal agency, inswmerttatity, or ertity
<br /> • � ���.' (inritiding LendQa.iti Lend�i 3q'such an irtstitution)or in sny Fedsral 1�1omc L�oan Bank_l.ender shatt appty t6e�ind�w Qay ttze
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<br /> . ;' '`'; �`..� F.�cro�v Itame:>Iscnder mi�li�ifpt charge Botrowe�far hoWia and a t ' t�e fvn�s.aru►uallY anaiyzing the escrow ac¢ount.or _ _ ..
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<br /> ,;�.' ; a cl�nrgo.:T�►nvkven,; dar may req�ire Borr�wer to p�y a one•time chv'ge for an indeQendent real estate tax reporting setv�qe
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<br />. . ' ryl�j''�. ; UE4'�E71S1`�u�d��?<�'`�rhection with 4�is�toan.urless applicable law p�rorides otfienvise. Uniess an a�eemea� is mnde dc� ..,�.
<br /> , ` •�,� =' -`•:! :' liaat�lii It(�v�,iujqi(�tes imerest to 6e paid.Lender shali�s+otbe requiredto pay Eomower any interest or eamings on the.F�nds. ,.,,:;�;�_
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<br /> o n�� ''=:. � Bay[oiY�ti�Iit�i�tCttder may agree in writing.howe�er.thut ime�eat sl�all be paid on the Funds.�slnill gice to Borrowei,_ � �Y.�i=
<br /> ,,,.�',y� _ withaun�t:ai�Rr an annual accounting of the Funds.shawiag cezdiES and dcbits to the Fuads and the purpose for which each'•'�:,
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<br /> 4�••�,,, �' :�° debiUto.{ha Funds was made.The Funds nre pledged as additional sccurity for alE s�uas secured hy this 5ecurity Insuument, .:.. . , ,,.:;
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<br /> �;� .Ifl the Funds hetd by l.ender exoeed the amo�t5 P�rtnitt¢d�o�het�by appticuble laar. I.ender siiall account to Bormwer•
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<br />_ , t 4,!�f , . far the excess Funds in acroidance with the seq�isemeats of applicalbte taw.i�the amount of the Funds held by Lender at atty a � 1� �_
<br /> " . t i m e is not suff aYai4 to pa y the Escrow Items when due.L.eader may so notify Sorrower in writing:and.in sach ase Bnrmwec' �. ;;`
<br /> � '. ,!��`�,;, , shaU pay to Le�the amoum necessary to m�tce up the defiriem.y:Bs�rrower shalt matce up.tf�.•de f i c iency in no mo n¢t i�c i n- , : ;��};.:_
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<br /> ' • � ' twelve montRly�}9�cnts.at Lender's saie discretior� �
<br /> � -- Upon payt�x in ful!of afl su�s secox�t�by thig SeCUrin Insaursient: Ixader shal!pro�.y refund to Borrowcr amr` }�' :
<br /> - -- � Funds hetd by Lender.Ifj�mdPr,paragraph Z i,Lender sF�li acquire ar sdl��Ptoper.t}.R�nder.prior to[he acquisitioa er sal� : ,���;
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<br /> ':.� of the Propercy.shal!apply any Funds hetd hy l.ender at�rbe tirne oE�s.tiirxsa ar�3�•as a Sc�ed:r,again5[the su�s secured 6y _-�
<br /> =,,,.,� this Security Ias�ent. ' ..,,. ` ; • . : ,,, , .�..
<br /> 3.AppL�+�h'a�n d�Fuymeats.Unless appta:o6le law pmvides atl�er.�ri�.atl paytnents receive���Sl��+der under psu3gC�ti�ft� �' r , t' �'
<br />• �`'`�' i ac�d.2 shalt 6e��ied:f in�.to anY PrePayme n t c h a r g e s d u e u m d e r t h��d�iote:second.to amoum,����,j+��e emder F�g�F�'�.` .''� '. ',;:
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<br /> ����� .�::` tA�i.fiui;.to interest dse;foucth.to principal due:and last.to any.iate ct�arges due under t,.'�Note. �. . � ,.
<br /> ;�r .ti_�,�;;,•. . f.;,:..�i:;Cgaxges:Liens..8orrawer shaU pay all taues.as.sessnaenc4. charges. fines and impositions auributahinR�,t�.PcoPertY r�,,;
<br /> .��:•� ;;��Fj; ., . �y}r�,y{�y�a,����irifldty over this Security instrument. and�leasehold payments or ground renu.,if airy. Bott�oer sha11 pay . : ;Y.
<br /> ., . .:'��y. th�se dbligam±��ia�':Iie manner provided tn paragrnph 2.nr if not paid in that manner.Ba*rower st�:�pay them on rime dic�rt:;,, ,....�
<br /> ` � '•��: � to the person owed payment.Borrower shal!promptly fumish to Lender all notices of amounts to�paid uader this paragtug1u�':;, •
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<br /> •lf Bonower makes these paymenu directly.Borrower shall prampdy fumish to I.ender receipu evidencing the payments.
<br /> � ; gormwer shall promptty discharge riny lien whicl�has prioriry over ihis Security I�,utument untess Borrower.(a)agrees�n ��-=
<br /> � •"�.� ` � ' writing to the paynwnt of the obligation securod by the lien in a mani►er acceptable to Lettder.(b)oontests in Sood faith the lien
<br /> — --. _ �,,'� or deteud*� 'ns[enfor�ement ut i'�;,'.�n in. tcgal Pra�:nEg�e?uch in the LenAer'c apinion operate to ptevert the �'�,'":�
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<br /> .:',_`�- .. � � . . enforcement�;z,;�a�lien;or(c)secvres fron'+'t�e h9tder of the 1icn an agreement satisfactoey to Lender subotdinatfi the lien to. � ;.
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<br /> •::'.'�};`:,,;.;:'•, ..•...4�.,. .. .' . . .yyJ�.�cyrity �.�`,strument. I�Lender determines tF,�:.�jR;:•�2�t of t�e Ptoper�y is su�y�to a lien whicb may attain ptiority over
<br /> r '���t;�r', � t�us,'Sficur'ty ��strument.l�ender may give 8ortoar�a�:��st�r idcntifyin�the lien:�mr.ii�er'shalt satisfy ttte lien or take one or
<br /> •,� . •�t` �'� rt,�s �:f t`e,�r.•ns set forth above within 1Q dayst��►:ri:..,��i�9ut�of nofice. . :'�;. •
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