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<br /> . ' TUGEfEIEK EVfFH a!1 the improvements now or hereafter et�ected oa the property. aad all ��
<br /> appurtenaaces.and i'uttures aow or hereafter a part of the property.AIl reEtiarements snd edditions shall aLso be covered = - . -
<br /> ' , � by this Security lnstsu�en�All oi the foiegoiag is referred td�n this Security Inst.-umentas the•I'roperty.' . - ;
<br /> SORROWER COVENAN'1'S tbat Borrower is lawfluliy sei�d of the e.atste hereby oonveped and has the right ta � •
<br /> . ... graAt and ooavsy the Property aud that the PropertX is unencuiabered:escept tor encumbraaoes of record.Batrower <'' ` ° �
<br /> `�'�-. _
<br /> � - wareants and vrill deqead geaeraUy the title w.tha Property agaiust e11 rlaims and demands.sublecc to eqy encumbrances .:�, _
<br /> . , .. � � oic�ecotd. • . _. -_ ..:,,�
<br /> -� � � TEIIS SECURTfY INSfRLiI1+tEN'T combtnuas uniform oovenants�or national use and aonvniform covesants with
<br /> .; � . .. limited variationsbp juri�diction toconsstitutea uniPorm sec�rity instruznentoovering r�ai praperty. r�;
<br /> � LJiVIFORM COVENANTS.Barrawer attd Leader covenaat aad agree as fo11oR� �.:
<br /> . •��.:,��.� r � I.peyment oi Priatipal aad�interest:Prepsy4nent ead��.ate�Cttruges.�onower shall pmmPUY P�Y�hen due ' <��:�'',;.`'
<br /> � ==•Y-�"'� ? the ptincipai of aud interest an the debt evidenc�d by the Note and any preg�yme�t and iate eharges due uader the hote. - - �-��--
<br /> - -- `""� � Futtds for Tiues ead Insnraase.Sub�ecE ta agpliaeble tacv or to a written waives by LEnder.Bar�wer sitali °
<br /> � �_ � � QaY to Leader on tl�e dap moathlg payments are due wtdec tha Nane,uutil the Note is paid in fiill.a sum{°Funds°j tor: �
<br /> (a)Y�ar�Y tases and a�siaeats.wbich.tnay attain�griaiar�.�avar this Security Insavment as a tien on the Pmperey;(b)
<br /> , yeariy teasehotd paymeats or grouud ren�s.oa:the Ptc�FertY,i�auy;(c)Yearlq Lazard or property iasurauoe ps�emium� •� � .
<br /> � - Id�S�early flood iasurance premiuzns.if au:�:(�};peatiq•mart�e insuranae premiums.if aaq;and(f)any sums payable ��.-. . °- �: �
<br /> . . ' . �` by$orrower to I.ender,in accordance witbd�ltt prouisioas�pf patagtaph 8,in lieu of the paymeat of martgage insuraace '� �
<br /> •�`t premiums.Th�itenas are called°Fscm�v.It�ma."Leuder maq,at anp tinne,collect aad hold Fuads in an atao�mt not �� ".� .
<br /> ` � `; to eaceed the masimum amouA�:a lendet for•�fedesall�reiated mortgage toaa may require for Borrower's e�ctow � _-
<br /> , aa;ouat under the federal Reat:F��S�ttlemeat Proceduzes Act of I974 as amended irom time to time. 12 U.S.C. ".
<br /> .':�' Sedio�7�O1 et� (�RFSPA°�t unl�ss anattiec law�that app�ies to the Fwids sets a lesser amount If so.l.euder may. ` t''' :
<br /> at aay time,collxt aud hold Fuads�iµ,aa�aittauu�uQt to esoeed th�lasser amounL Lender may estimate tite amouat of - _
<br /> � � ' :'imds dc�oa�e ba�is of cunent dam aad res�nnable estimates of exFeaditures of fucure Escrow Items or otherwise�n • " -
<br /> .. •�? .'r_ aacordauce withappu�ablelaw. � .'.`� . '.. %: . . '•r, : �`
<br /> ' - . ,. �Faads shall be held irt�eti�ipstitutiou•wfles�.de�rrasi�are insured by a federal agertcy,instrumentality„a�entity . -. -.:� ��_--
<br /> • ? (incLv�ing Leader.if Lender is such an.institerti��}or i�t�drrp Federal Hoine Loan Bank.Leader shall apply tlie�iads w �.��'.s;��;�;,
<br /> � . '` the F�ssrow Ites�s.Lender may not .�orrowet�for hot ' attd a I ' the Fuads.8nuua1lY aaalYtu►S the _ ,�`�.'—°
<br /> .. . ... PaY �'.. �!3 FP Y�8 - -=
<br /> , ; � escrow account.or verifying the Fscrow Itm��:iunless Lender Pays Bqtfiiiwer iaterest on ttee Fuads aad applicable law `��,�:_�
<br /> `�,''�' � . permits Lead$r to make such a charge.Han�ver. Leadet ataY re�irti BorroWer to pay a one-tinae charge for aa < �`
<br /> '� 'f.`' i n d e p e a dent r e a!estgte tas repo r t iag service r u e d bp I�e n der ia�nn e c t t'b n w i t h t h i s I o a n,u n l e s�s a p p�i r a b l e l a w p r o v i d e s � ;�.���_-
<br /> en e,.�.„,,.,�
<br /> , ° ���. otherwise.Unless an a8reemeat is made or applicable la�►reqvires interest ta be paid.Lender shaU not be rEquued to ::�;j�
<br /> .,;-
<br /> ._ _._ _'�,_� pay��ower aap iaterest or earniaga on the Fuads.Borrower aud I�eader map agree ut writiAg.however,that interest �'•=:`��''��
<br /> ..:_s,a�.:°-'-
<br />- . : - - et�all be paid on the��unda I�nd�t shall pve to$arrower,withaut�char�s.an amival aocountinffi of tae F�mds.showing r'�;��Wu----
<br /> . " � credits aad debits to the Fuads and the pur�o�e for wtuch ea�h debitto�the Funds was made.The Funds are p2edged as . , —'
<br /> . `.,; additional�rity for all sums secured by���e�utit9 Instrumeat r'�`:.�
<br /> �.� .'
<br /> . . .. `�.:;, It ihe Funds held 6y I.�ide�egcaec��sunounts permitted to be held by applicable law,Lender shall aeco�mt w . ,�.:`=^_�:i
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<br /> .. .. -°:,� B�a�!or the es�ss Fuads iss.aiavordsua��sth the reqisiremeata of applicable law.lf the amouut of the Fuad�t►edd ' ° -. - -
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<br /> • ` by��c at any time is aot sut�`.cueu#b��.�ii�e Bscrow Items when due,I.ender may so notify Borrower iu.t�tctin� 5 s�=
<br /> ' : . and,ia such case SrJrrower shalY pay to�iri�ci�e amount ne�sarg to make up the defcienap:.&itrowet ehall malce 4 �'�°'�� y
<br /> � r�' � � : up the de�CCieitay sia:rsip.RCOra thazt tcvel.v.e�ttsl9 PaYmeats.at Leadec'�Bnie discretioa . � , c�,
<br /> `�s���. �, '� ;: UP�n Paqm�G�i,�tuil of al�sizms seodfrisc�in+this Sec�uitq Instrir�ant,Leader shat!pmmptly refund to Boirower . . � � `,;��;,am-
<br /> '-}����' � � � . '� anp Fuads he2d ay.Lender. If„uu�der Pa�'agraFh 21. Leader sha�l�a�utre or eeU�the Property�Lender. prior to the � :
<br /> �"��'f�r�; ��� aequisitioa or sate;c3 the Progeait�;sLall apply suy Funds held by Lend�at�the time ot soquisition or sale as a credit , a��;�-
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<br /> , .:.",, agsinst the sums sow��y this Seciuity tnstrumeni. , • �. , , _ .'` �e�.==:
<br /> � � . r� �� 3.Ap�licatiori oi Payments.Unless applicabte taw pmvidea otherwise.all payments reoeived by Leade�under �
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