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<br /> �•..•`� 70GE!'HER WITH al)the improvements naw or�etEafter erected oA,ttla`ptr2�;r,and ail e�emertu.appurteRance�.and ;;.,.
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<br /> � . ,. :, fixtures iww or h�mafter a part of tAe prnperty. Alt reptacEme�s att�.$diNt#�t€c �ft�l� alsa be covered by this Saurity =;.':
<br /> --. Iaspument.All af the foregoing is referred to in this Seeurity[pstc�tmcnt;av t$d."�i?i�emt' `=�.:�._
<br /> � BOItROWER�COVENANTS that�nrrower is laafuliy seised ef tha e�tuta.h�f�Dy mave�ed and has ths right co graue attd ..;`
<br />. . � ` .'',•4'�.• oouve tke Pro �t and that the Pro e �unencvmhened.ea far enGt(Attfrances of record. Burrawer«�arrants amf�vill sc':'
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<br /> '. ,' deftnd genefally the ptle to the Property 3gairtst a11 claicm and demundtt.,su$(j�.t to any eneurtibranccs af rec�rd. �'�
<br /> � � THIS SECURITY INS'fRUA1ENT combiaes wtiform c�vennflta�'�K►tationa!use and�tart-unifom►mven3nts with I�mited �
<br /> �:�•�•.:;� � • :n
<br /> ��� F. � _. , variations by jurisdiction ta rnnstitute a unifarm security in5srame�ti.ca�.�ering rcal pmperty. ,�.:�
<br /> ''�� UNtFORM COVEMANTS.Borruwer and L.ender ca�:enant nrtif astec as follaurs: t`�"
<br /> _,� _- �--^� l. P�ymcttt oY Pttt�dps�l�un�1 Intet+etit: Fl�qta�ment emd E.iite Churges. Borrower shall ptomPUY PaY when dc�e the
<br />� ." �;��i��•' principat.nf und interc�t un thr dcbi evideaced by the Nate and sng��ltepayment nrtd latc charges dur under ehe Note. . ��
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<br /> �• 2. �wtds for Taxes nttd insurnace.Subject tu appiicahlu Iuw.or tn a written waiver by Lender, gom�wer shali pay ta �,.•:.•.
<br /> �� '`'`---� -=. ` Lcnder on 1he day mont6ly paymenu are due un,dcr thc Nut�.•.until�tha i�i+ttu is paid in�futd.a sum(°Fua�ds'1 foa:(u)yearly ta� �
<br /> � -. und assessmcnts ahich may attain priority avcr dtix Secnrity tnrarurtt�m3a a:lien on ehe Pmpeny:(b)ye;uly teasehald payments � �
<br />� � �� �?� or grourt�tents on the Prupe�iy.iP any:(c)ye.uly hu�.�rd ar pragerR;f�hf�ttrsittcc premiums:td)Year�tf:flaad icuuiauce premiums. �
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<br />' � � if any:(e)Yeady,mnrt�age insurance pmmiums.if ang;and(�i�am_R�aumv,;pugubte by Bosr�w�er to,i.eader.in accardaace�with `
<br /> ' . . ' ehe provi�ions of paragrapR 8,in lieu o€the paymeni af muctgage irtsur'.�e premiair►s.'f'h�e items aze dled°Fscroa:jtem�."
<br /> - . •;�.:� Laider may. a�si►Y dine.wltect and hold Fuads in,an�amaune�s+qC to e�eed the ma.umum amoum a te�d�for a fedeialiy .
<br /> --�-- - related mart�age[aan may.requi�fdr Sisraowec's es..�m�u accoq�it under the federal Real Bstate Settts�s Pra�ceduzes Art of ;c`.
<br /> 1974 as amended from•wne W dme.12 U.S.C.Sectian. ZGtD&'at�sq.(°RESPA").untess anoth�er taw tUaE appties to the Fuads
<br /> � ���` sets a[esser amount.If so.Lender.muy4 ai any time,co11��rld;.�old FunQs in aa amount aot w exoeed th�[�ec amount. •;'���:
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<br /> ,. :<.,,`:,__.• lxader may estimate tft�s.aataun�qf Funds.dtta an tha Uasir oPcn�eat data and masonab2e estinbates of expemclim�s of future �•
<br /> L.` F_scma Items or othera+ice idr�aefi4sr?since,witli applicabta lu�v . , � ,
<br /> �. • .�:.'. Thc�w�d�sliul[•bc heCd,4h,an,�it►sNttitimd whase dtt�ds�fl�::t1[iR;�tfFUted bY e fedetal abe�-Y. in��ru�rty. or e�tY
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<br /> , ;, _._ (inctuding Lendar;�if iertder is such•2fa�iris4fiti�sitiD;4�iri�aii�r��.iid�iF�iiiue Loan Ban?c.Ia.nder s�l[apply the Fuads to pay.tb�
<br /> . � Fsc�ow Items.Lender may not charge Eurisiivi�c fac�tpli�t"ti��attd�.applf�t�i�-tfie Fuads.aruiaalty anaSyting ttie escrow arcauat,or �
<br /> ;``�.:•' cerlfy"stfg the Escrow Items.unless Lend�r•p83'��orslityilq�ii�(�r,�t on.the Funds and a{�tieable taw pertaitc Lead,.'r to make such •.,
<br /> ,�,': . adtarge.However,l�der maY requi�•Burti�ive��w��t�u?(ta�riirie charge for a�s i�udent real estate tax repaztiag servise
<br /> - . -���` .... ased by l.e�tdet ia.�nnertion tivith this:•i4�►.::wte�s applicable faiv provides oWerwise. Utitess ask agreer�¢ is made or
<br /> ;, � �; - � applicable law reqnires interest to be p�id�fin�r shall aot 6e mquired to pay Boiruwer any inter.�t ar carnina�s oa the Funds. ,
<br /> ,�t`��t}5�ti� Bormwer and IRnder may agiee in wcidn�t;'f�;iiiivever.that intcrest sLnl!6e paid on the Fimds. Le�'gr shall give t�Bomnwer,
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<br /> , '�.,,:, without e.an annual aceoqntin of the Funds;shoari credits and debits w tfi�,�un�3 and tlie ose�as.wi�ich eact�� =-
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<br /> ��`, J ' ,�; . debit w ihe Fuads was mado:'1►ha Fnads are pledged as additional security for aU sums.s�d b�r tf�is Sccurityxasu�r.enc.; ;f � _
<br /> � �� l���'`, � If the F held b Lender�ceed•tfte atnounts rmitted w be heJd AY aPPlicah;c�.�'��i;L�c',,�shal}acooant co Bnnu:�r(��:: .
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<br /> ' f t ;.�,, for We excess�un�s in accondance'witli�the�ce�ents of appt€cabte la�c.U the amourt o�tts�.�'�;s h e l d By I.e a d er af�`' .f, � -_
<br /> r,�; tirs�is not snPFa�is�to pay the EsFrow Items iahen d¢e,l�der m�y ssr mc�iEy Borrower in wridr.�;.,�,iri sucb case Bo�c��:� � �_
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<br /> • -•..r.:x ' s6afl ttaY to�.e.,�the�mount necessary to tr.�ke.�r cfi�'dsficiency.Borrower shalt make ap the c�at"sdettcy u,��'s.r�sprz 2�ii't" �'-
<br /> . ' �;,; S '; , t�vt�:ve monthi�,�iaYments.at Lender's sate discretion.• "..::` • • , • : , -_
<br /> ' ' •:...,;� .,�:' Upaa PaYs�CSt in full of all sums secu.r�f by this Securiry Inst�ument, Lender shnit pronagt:g*rfixfund'ta�i�s:vwer a���� _..
<br />;��:=;-`:`:,:�:��, : �'. Fands held by�'�cr.Ii.under�aragrap8,y��;,lLender shall acqvira or sei!the Prvpetty.LaWer.�5�,�x�seacquisirionor�•, • . __
<br /> .�:��. •';.�; r . of the Property�:�Sl appJy any Fuuds t�¢fr',�=b�Le�er at the 6me of aoquisition or sa2e as a cred,.�;",��irst'tAe sums secured ti�' �
<br /> : ' this Security Insdtsmeat. . ..,:`"• .",.;..;. �__
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<br /> • 3.Ap,pllcation.of P�ye�ra�ita:�+�spplicable[aw provides othenvise.all payt�eitts?recelvec��y,I.ender t:�ac.garagraphs --
<br /> "�� 1 and 2 shap bo a�pl:e�:flrst;t��y��p�,3�ent charges dae under lhe Note;seoond:.��au�o�sr.payabte u�zr tpri�gra,ph,2; —�y
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<br /> • � � third,to intec�ax�3�uu:;-foorth,to principat 4ia..;aatd tasf.to any late chm�s`+tue under the Note '' � .; _
<br /> : ;� �- 4.Cha�;�?pos.Borrower shal!�'a��ta�tes.ascessments.c'�asr�s,fines and imposcttons�rii�nfia�t�'��;�Rt�r�� �
<br /> ... . which may attain'pnority ovet this Se�atnty��nstnimesct,.�atad tessetmfd payments or gronad r+ents.i�a����a�z shai}�pay �-.
<br /> • ,.. .. •�.=.:�• 'th�se obligadons in the manner prov�ded.in yaragraph�.�.�t'nat paid in that maruier.Borrower shall pap�o�i:�i�'e directty --
<br /> � ' ���: • to tl�e persm►ocued payment.Borrower shal4 prompdy fumish to Lender ail notices of amounts to be�d ui��.7��paragragh. _
<br /> . . =';rJi��• If Borrower ncnttes these payments di�ctt;sr'SBa.�rower shall promptiy furnish to Lender receipts evic°e�r•a'�the payments. ' =_
<br /> . ;� ,i,�' • Borrower'sYuilt promptty dischnrge�r,�r��ien which has priority over tt�ts Security Instrumenc a��ss�onuwer.(a)agrees e� �
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<br /> .;, ��^ ,;.;. writing to We payment of tLe oh�igatien sr�.;�d by the lien in a manner�oeeptabie to Lender;(b)��c�6�.in gaad faith the Gen �:`
<br /> ,` • ,,;j%,',: iry. or defends a�aInst enfc�e�t of.�e lien in, legal proceedings wluch in tl;e Lender's og%�ti�rr operafe'to prevent the �_
<br /> ;�;�:%�f-.���•,! enforcement of the Iren;ar icA seea:Qs�the hotder of the lien an a�recaueat satisfucmry to I,er�q'subordinating the liea co �
<br /> `�'•f tLis 5ecurity Instr�ment:It Ele�d�i�etc�rlv�es that any part of the Ptu�erty is subjeci to a Iien w�e,may attai�i priority over ��'.
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<br /> �'f� � • ttiis Security Instnimeat;Let�er ar,a;r�i�'e�cu�Cwer a noticc identifyin�nc�lien.Borrower shatB ssb��£y the lien or ta&e one or ��.
<br /> ,�'� ` . more of the actiuns set forth�u�cn�e,w�itl�Iyr ll S�o��s of the�iving of natice. �= �
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