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<br /> • , ` •�:':F�� . TOflBTHFR Wl7'H all tha impmvements no�v or heceaficr erected on the pmpeny.aad all easements.a�Ppurtenanxs.a�d '��`: •.�.�`,:i;:•.i,�;.
<br /> -�. -� fiatures now or here�fier a pan of ttte property. All replacements and addtrions slwll also be cuvered by this Security ' :, ' ,
<br /> ` . It�snument.Ap of tfle foregoiqg is ceferred[o ia this Secuzity tasuument as the'Prupe�qr.' ., . ," ,':' ;�
<br /> BORROWGR COVENANTS t�at Borrower is lawfully selsed of the estate hereby oonveyed and hac the right to gnwt au� �� �^`"r����'��''
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<br /> :=��i:' oonvey the Pmperty azW that the Prop�rty is uuencumbered,exoepi for encumbrances of reoand. Borrower av�arranu aad will �?.1i'�• .';
<br /> ' -_ � �1 defend geueraUy the dde to the Property against atl claimos and demaads,subject to any encumbranses of record. ��,' �: ' '
<br /> �~5�;.::, 'i'N1S SECURiTY INSTRiJMENT�mbines uniform coveaants for narioaal use and non-unifonn oovenants�vith limited , , , .
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<br /> •- . . --. varlatiaas by jarisdictian to canstitute a unifarm secmiry insunmeac coveriaS�FmF�Y• --.-_-= ---
<br /> . , � ,;=� �Jl�'IFORM COVENMi'I'S.Btirrower and Lendercavenant and agr�as foIIows: . .
<br /> ` �' " � 1. Puyme,ni of Pttnc[pal and L�re�t: fftepaYmeud and d.ate�6at�c�. Borrower sttatl P��P�Y FaY wh�dae the •
<br /> ��;...��;y^��� pzincipal of an�interesc on ttte debt evideaced by ct�e idote aad any pcepaymeut aud tate c3Targes due uade=rh�Note.
<br /> - ;,r;;;:,%.::;>:-:-.�� E.�unds tap'd'�a�xR����_ Subject tn appiicable taw or tQ a�urimea waiver 8y l�ender�Hoirower sBaH pay to .
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<br /> ��" �etaa t8e day Fnout�Fy Fa�3'menis aze due usder dte Noce,tmul tIte Note is gaid ia fiill.a svm("F�)far:(a)yearly taxes `�` �F•��v
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<br /> , �,,-";`� aa�asse�me�ts whic�znay ai�ain�rrioriry aver t�is Secmicy Insuameat as a iiea on the�mmPenY:(b)Yeazly teasehold payments .�*`4,�- -
<br /> .�; ,,�'�;'>'':�;�: , or g�euv,c��ts ua d�e Fmgertlr.��y;(c)yearly hazarc!or ga+npezty insurance piemiuu�s;(d)Yeazly flOOd iosu�3ACe�prnnn�mc, •'�:•: :`;' .
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<br /> �� ,�. �'�►y:i�3�F��'n"'�F�,if any;aad it�aaY sv�s Fayable by Bomower w I.e n der,ia a c c o r d a n c e w i t h .; :
<br /> ' ?,. ttte provisions oF�f��>in Iieii uf dLe gay�re�at of�ortgage�s�x pmmums.These items are called 'Fscrow Items." +.�
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<br /> , `.� � • I.eader maY„at aSrg�ca�lec�mx�Fmt�1��ds m aa amount aot to eACeed the ma�tim�mm.amnimt a teader for a fe�erally �--
<br /> ` .i relaied mortgage ta���y cc�ia��l�zc��s tsecow a�count under ihe fede�al Real F.s�ace Setttemem Pmceduns Aa of '' >� � ._
<br /> , r:i � 1974 as amende�!fmm tuue to t�,E2�.�.�5eaion 2601 et sel�("R�SPA'),nnIess another law that appties to the F�mds "` '
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<br /> se,iss a lessec amount.If so,I,eu�ni�c;��¢ae,collect and hold��uds in an amavnc not to escceed the lesser amount.
<br /> ��_".�. �t .�;'•�; I.ender may�te the amount crE F.cu�s drr�.m��e 6asis of cument d�attd reasoaable estimates�€e�eaditares of futuce - .- -
<br /> Y` ° ` ��::�.' Fs+crow It�ms or othecaiise in as�r,n�Y._���bie law. ;
<br /> t � i"t° ":'� `` : '&'��unds sHali be heF.c�ux.a�t�+..a.��"u. "'ti�s'. '�ase de��s aze�..�saC Tsy a�ad�a�[�..��u.abv�entali�r;x�emity '
<br /> l���`d�� �=} l'�.fi�Eader,if i�et�der��xd��sZes�mtiaa)ot i�aay�adei�t Aom�Lcmu Ti�nk.�r�s�f-�i���:�a�,y.the s .� �.�t.�sr��
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<br /> ���`;���°�� 's<��1 ,,. a����-�a�on a►itn thfs loa�::.� aggE��e iaw� ...� ,��c�eriui�;.aJraiess�u�.��°,��a�' �s ` _
<br /> 'r1:sf ,,.. F` r:.� ` , ��'�4�'���so he�aid.L�s�11 aac 6�¢ceQvtte�bx���azc�era�u���+�*�e1r-��� S �`r=,��-
<br /> `a e`lr'��� e��0�'�� � ' ;� `, �?a?`!u4� � i�1:$�T��. ��.that��IL 1��ta�=�t�tt�1�ar�..����e to�'�fTSO�j'.y, — .
<br /> ��{ �� ��,3�t+�� �� t ; t}�nii�a�=�.t��p.,��-�dE�g.i�usdr�.shovring cc�ts aaci���..,�m�IF�mdls a�d'.�e�for whic�e a c r i
<br /> �"'�,y'1�,� ,(�t�` . , d��Q.���"�ss�'v��a�i�..'Ilkr�]Fj.s�:,a��`�iasadditionalsecuriryfi�cn����ra�i�p��in:.e�.ai�yinstn�ment. ,
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<br /> ` ?'�;��;��' � �' ���iiB�`�ntLs fletic��p°�Lr�s.�z'_�the amoums permitted to be held bY aPPlicable�9'�nder sball account to Borrower , ` _
<br /> �'-� :� for ttie eRCess Funds in acco�zq��iih the�irements of applicable law.If the amouni of the Faads held by I.ender at azry � _
<br /> tiane is not aufficient w pay the Escrow Items when due.l�nder may so notify Borrower ia writing,and�fn such case Botmwer � _
<br /> ��? � � :.�'�` shall pa}►w Lender the amount necessary co make up the defieiency.Sormwer sball make�p the deficiency ia uo more taan �'''�{�' `:=--_-_
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<br /> • � ' ` tweive monthly payments.at I.euder's so2e discretion.
<br /> , ,��� Upon payment in full of all swas secured by this Securiry Inswment. I�nder shall promptly refund to Sorcower miy �:,';'`
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<br /> . �; Puads;�eid by Lender.lf,nader paragraph 21.a.ender shali acquire ar sell the Propeny,Lender,iHior to the acquisit�on or sete. .:.��;>;,'�.`:�
<br /> � �< of the Pmpeny.sha11 appIy any Funds held�y Lender at the time of acquisition or sale as a credit against the sums secured by ',-;,,, ••
<br /> , � - t�1;9 SECUJ�tS►IIISI[UI�CAt. . +-• �-�_
<br /> „ .::�. 3.Apptic�tioa o�Poyments. UWess applica6le law provIdes othenvise.ali payments rereived by I.eader.wider paragaphs ��•'�.:;:�:---
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<br /> � ..,��,;��`.�:�i`�.: 1 anQ 2 sLaU be applied:fisst,to aoy prepayment charges dae under che Notc;s�ond,to amounu payable uader pat�apb 2; `��',",�..
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<br /> s�,;. ;,...,;: t third,to Inserest due;fourth.to principal due;and 1ast,to any late charges due under the Note. .,r�i�,,... _
<br /> ;� r; ( 8.Charges;Uetm.Bosrower s4a11 pay al}taxes.assessments,charges.fines and.�mpositions ataIbutable to t��Pmperry , ��,• z,:_
<br /> i . . .�� whtcb may attain priority over this Security lnsuument,and Ieasekald�aymeuts�or.gsaumd rents�it any.Bono�xr.shaU Pc�Y i�t,: `��.
<br /> � � �� these ob�i oas m the manaer rovided ia h 2.or if not; a�d�3ix tjtavanuuriar.Borrower sbaU a thera on usme dir , � �7 y::-.
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<br /> ., ' � to the pe�san uw�d:gaymeat..8ormwer shall prompdy fumi"sH:w,T�,rarda:ai��.aa�s of auTaunu to be paid under t�is�., , �'`'f�` ` --
<br /> � .. " lf Bflrrower mnkrs t�s+c pay�aatt�direcdy.Bormwer shall�min�tly,�'iiiriie3(ic��f.ender reteipts evidencing the payc�ts. . ��`>>�?A<..�=_-
<br /> :, 8omower.slral]:1�rs?mptl3'dSsr,t�arge anY iten wWcti 8as:pria�3ijt,av�a�',ilijs5wuriry Insutunent uatess Sarrow�er:ta)�s m `_ _
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<br /> a+riting to the�pag�t.a�die nUf3gaBun�secured:liy�he Ii�,i��h:wu�hnac�moa�:ab2e to Leacdet;tD)con�sts ia gaod faith t�e tien "���4 r;
<br /> .` lyy. or defen�a�rh�:a.,auforcan►�t,of.tlie lii�v h�;.,it�ai�a r.�i a g s wicir�in t he l,e c d e r's uyini�a operaze to prevent t t ie f; � ,-
<br /> enforcemeat uf liue)fiai;,+pr(c)��tes�&orin.ilt��)iuldpr,ofllt,�:liea an agreement satisfxccory to LendeY subordinaatiaag tae li�to r,�{�'t '
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<br /> -- this Secut}iy��tqstiumtatt;rl�'.�tiil�:cihtermines�hat a�+pui afthe Fmperty is sabiece w a tien which may accain prioriry over �'{�s°�,� :•
<br /> � ihis S�ttity:.Cnsttumc�it;;;���y'give Borrower a notice identifying the lien.Borrower sba11 sadsfy t�e lien or tatte ane or ,;�l ,
<br /> . .. moiti�of;l��:aaiipiu+�tv�-1'iirih above within IO days of the giving of aotiee. � ' `:
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