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<br /> ' :. ;.;;fi�. TOGE7'HFR Wil'H all the inaprovements now or IIereafter erected oa tfle proper[y.and ail easrment�,appurtenances,aad � .._
<br /> .����;�;;'' fixtures uow or hereafter a pan of the pmp�rty. All reglacem� and addi�ions sball atso be co�ere� by this Securicv �
<br /> Kr,��.:. Wsuvuteat.RIl o.F�De foregoiag is ref'etted to in this Security lustrnment as the•Property, �
<br /> ��• �' �`. SORRUWER COVElVANiTS tbat Bormwer is tawfutly seised of the estate hereby conve}red and has tIle rig8e to gn�nt and � �
<br /> � ��..�'�`���:�''; convey tIIe Properry aud that die Ptogerry is uneacumbereQ.exoegt fur encumbrances of record. Borrower warrarits artd�vill � . ` �<
<br /> s. . ,!�� : defend gwerally tQe ade to t&e Progerty against a12 claims and demands,subjea to anv encutrebrauces of recorQ. � [�t� .
<br /> '� IHIS SECt3R1Tlt' INS7TtUMEA"t comD'utes unitorm,coKeaaAts for national use and non-vaiforat coveuants with tiraited � '
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<br /> ;,; °�: .. '.� variatloas by jurisdictton to constitate a uaiform securiry inswment cavering real praperty.
<br /> ,;�� `` �° � Lil�IfORM CQVENAI�'f'S.Borrower aad ixnder cavenatn and agree as fol?ovrs:
<br /> • . ' �• . i . l. Peymeat of Princiga!aad[nterest: i'tepaymea�au� LaLe C6aeg�.Botrower shali pmmptly pae� wLea due[he
<br /> , ' prfncipal af and interest on the debt evidenced b}r the Note aud any grepaymettt and late charges due under tfie:�ote. --�� - •
<br />; - -`�-( 2.�eutds for Ta��artd Instuanc� Subject to apg}itabJe iaw or to a writte� waiver by Ixuder.Batrower shaIt pay to `°,�`_'�"
<br /> -:,� ;�� � ixndcr on the day montfity pa}hnenu are due uuder the Note.uaat the Note is paid ia fnit.a s�ttn t"Funds")for:ta)Year�Y taaes.
<br /> '� �'. `: and assrssments alucb maY attain priority over thi,a Senui[v tnstrument as a lien on We Property:(bi Y�y leasehotd � .
<br /> Pa3'mcnts i., . : �
<br /> .,.��,..,..:. _� or.gr�uad rents on Uie lbmperty,.if anw(c)yeariy hazard or propem+insurance premiums;td>Yearly flood insurauce premiwns. f '° "
<br /> ;- -- .-y,„'� if any:•(e)Yeariy morsgage is�urauce premiums,if auy:and t$any sums payabie bg+Borrower ta Lertder. ur accordance wi�Is ; `.,
<br /> _``:�' :...::�_�`'� the provisions af garagraptt 8,iu lieu of tlte paymeat of mongage iASUraace premiums.'fhese ircros are called"Esc�ow items.' ��,. ,-
<br /> .'�;r..-:�.;;.�.3 Leader may.az an!a�tiface.coupcx aad hold Eands ia an amovnt nnt m exceed che maumwu amuunr a lertder for a fedecaily ,
<br /> �� .'<�� °° ' S . related mangage lean.ma;t n°quire 5or Borroauer's escrow account under the federal Rral Esta�e Senlement Proce�te�r�Act of
<br />_.';�,..�, , .�
<br /> . - .. � 1974 as ameuded frcm time co[ime. 12 LT.S.C. Section �bOI d seq.t'RESPA'?,unless aaothcr law thas agplica t�r the Funds �?�.:_� ":
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<br /> 4 :�': '�j: sets a lesser amaunt.�If so. Ixnder may, at am,?t�e,collecc�d hatd•F�mds m an �oum aot to enceed the tes�r�. °r,t� '�.
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<br /> k.. -•':,�}r.;��:r;"�fY:� LenBer may estiiaate the amount uf Funds ducau�t�te Uasis of cun�ait d21sa aad ceasonable estimaues of expeadicuzes of fi�cure '°..-.
<br /> ,'� '��i�.{ Fscrow Items or oth�a►ise in accordance wiW app4caisle Iaw. . :. , � y :;
<br /> fx'� �F `'r,3 'I]ie Fnnds shaIl be held ia an insatuUoa whose �osits are msut�h'y a federat ag�. instruraearaIiry. or entity
<br /> ��,�.�;�. g �• apgiy rhe Fuads to pay[he � "
<br /> . .�! �. tinrind� Lender,if Leader is such an mstivnion)or ia��,�ederal,H�lLOan Baak.�i,eader slralt
<br /> . -`?°� ;,is;` Fscmw Items.Lender�y aoi c h a r ge.Borso�t�os hotdin8�ana aPP l y�m�e Fands.annuallY a n n l y z i QB the-escrow acxaunt�or �_
<br /> - . ��;;";�� , verifying the Escmw Ttems,unless L,eader.�sl�tiower incemst on the t�tiBds and agplicable law pem�its Lender to make such .� :
<br /> •� . F,��3. � a cDarge. However.leuder ma}'rsquire��u��to pay a one-time chazge for an independent r•.aL�ta.s icportiag service �,•
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<br /> - e,'..� used by Leader in connectioa with chis to�a: iinless ap�e�able law pmvides ott:eia,�. Unless aa ag�emeat is made er
<br /> - • . ' applicable law requires iaterest tabe pai Lender sball not be zequired to pay Borrowesany iaterest or eamings on the Fands. .,`',"f1"".
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<br /> --- - - - .�����.• Bombwer and Leadez may agr�e in wriaag,however.t6at i�eresc s�al}6e paid on tt�e���ads. i�nder shall give to Bomnwer. .�'�,;±:�r��.
<br /> ' �.�.%,. without ci�arge,aa acpp.ual accrnmriag of the Funds,showing credits u�:%�iu to the Fuads and tHe purpose for which each :
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<br /> • �;. �•� de�it.to the F�.�a�made.The Funds are gledged as additionai seau�ay;•�%,r�;,sums secured by this Security Instcnment. ._ �
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<br /> * 3�'�., �.-, •16 t�e Fu�to:2,?by L�eu+dsc exce�d tlie amounts getu��a'';tst be�f.►�5:��;�.5aw'.Leudcr shalt ac¢anm4 te Borrower �, `�-
<br /> � ��� -;� �f�t2i�ve�ss Ftmds in accor�with the requiremeats af a�li�aitle�:�rT�i��c�of t[te Emtds held�yL�its at any' � « .
<br /> :i�" :� ti�a��t sufficieut ta pay th�L';�ow In�whea due L�►�:may sa�,."�1f.'��up •aad, ��3dotrower 3��"
<br /> L � • sLall paY to Lend:.:t�e amouat ueressa�-� �n;�=�P the deficieacy:E�raa�-.�er � t�e�ci in no more thaa , t
<br /> ` �' , r ,�1t� j' LvVeIY�IIloIIthly 1��ISxS.at I.QlL�CL'S sOT�dtta�i{�t(33II. . " :� . `�', ; '�� {ri�r'f.
<br /> ��;S� '� � ,�. - Upon paytnpnt in fiill o$aL'sw~ns se�re��}+ this..S�riry Instnf�ent. Lea�s�:: Pramptty refemd ta 6urrower any � �ius�
<br /> ' ,'- Y para�raP Propects,�eader.Prior to the acqnisiaon ar sale
<br /> t �� •�, Fi;nds hetd b Lender.If.uuder h�1,I,ender�t�,�qnire or sell We Proper ___
<br /> - �!�'l���n__�::'' of�he Prope�ty.shall applp a�ry Fnnds held b}Lender iei-t;��me of acquisition or sale as a ccedit agait�st the sums secured by �;�'"'
<br /> `'��°.; x`':; this 5ecnriry I�rscrumeut. � • ' �'�K:
<br /> 3.Appllration of�yments.Unless applieable law pmvides otheewise.alt paymen�s r�ceived by LenQ�er under paragraphs -
<br /> � �' �, ent es due under the Note;secoad [o,amaunts able ander h 2• `J''`
<br /> A,,'ri��s a�: . ��•, i ana 2 sball be applied:fust.co anY P�P� �8 • D�7+ ,.w F�'°S�P • , �k
<br />:,,,(,�,�,,���.,+,. :.,.:'`=', [hird.to interen due:fowrtb.w prmcipal due:and last.w az�'�c6arges dae nader[He Note. '�► ��,y',. . . . �°l�
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<br /> 4.CGaege�Ueas.Borrower shaU pary all taxes.asss�roaac5-c�arSes. fines aad�imposiuons aas�ucab2e to the Property, �'_�;�1�.
<br /> ,�'., �.' � ,.'- whicb may anain priority over this Securiry(asaa�ment; aad�leasehotd paymenu or graaad ceurs.iP,�. Borrower shall Dm,�, _:°":-
<br /> �;�. � these 4bligatioas in the manaer provided ia�h 2.or if aot pai�ia tbac manner,Bocrower sis�TC R�}c�em an affie tirec��Z. ,.
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<br /> ' � ,J' ,��i; .' . to the person aa�ed paymeat.Borrower st�t�anomprlq fnmisD tn Lender.a�aocices of araonncs to�e�ud under�his guagrapu. ,,,°
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<br /> :',,�;��,�r�4„ ,_�. • . lf Bosuwrr makes these pay�m.au direa�y.Borrower sha11 pmmptiy fumish co I�ud►.�c re�ipts evide.ncmg the payments. _
<br /> i;�s��'i � Borrower shall promptty dise�arge�y lien whicti has priority over this Serauiry Iasuumeuc ualess Bo:rower:(a)ag[e�s in -_
<br /> ,r }f°:�i ,'s o',.',.• gatiun secured hy the lien in a manaer acceptabie to�nder;(b>coatests in gaod faith the liea
<br /> �.,. .,.;;_., • • writing to�be pa�±i?�u of the"obli ,
<br /> ' . � ��� � � '�`�`�'� by. or defctid5:.g��rist enforcement of t�e.Jiga ia. Iega1 pmcerdit�gs whic� ia the LeBder's opiaian opera�e to preveat t'aa '� .
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<br /> . ;.::. y : . , e�foreeraeiif�Qrili��liea�:or'(r.�;Gr.cu�e5 frbiii`lhe 6older oi the liet�aa ageemeat sacisfactory w Lencler subordiaating the lieID ta+� .:.
<br /> .. .. ,�ftiis:.l�urity Iastnutteat.If�):��d�r detertr�t�e�ihat;anY.,Pmi.of the pmperty is suD;erx r,o a lien which may anaia prioriry over • .
<br /> .� 'tliis��ttuity laSnumea�Lendef may�giV��$QirolVQi;fijq�i�rak u�entitying the tieu.Sarroarr sAaU satisfy the lien or rake oae os
<br /> �. � ��r�pt�iiS�the aaio�s set forth above within If�dAy,�p��ttE',p,��1l�of notice. �
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