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<br /> f � � :.. � `�iOtiETHEtt WFff�atl the improvemeats Qaw or k�resfte�er�cted on ttt�pmperty.and ull�app,��a^a��.aiW �. � _: _: _ ..:,;--:
<br /> l..� fixaues naw or hereaRes a patt Qf the pmpet3y.All teplao�ents�d additions shaU elso be ooverc;d 6y this Secanity InstrumenL
<br /> ' A!1 af the faregoiag is teferred w in this Securiry Ins�ent as the"Pmpertj►." � ' . `. �
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<br /> < 8 0 R R O W E[t C O Y E N A N t'S t h a t 8 o m n w e i i s�a w F u l l y s e i s e d a f t h e c s m t a l�e D y c a t►v e y o t!a n d h a c t h c ri�h t m g r a u t a n d . ,
<br /> coavey the Pmperty aad t�at the Pmpeity is urteacumbeted,excePt for encumbranoes of recaN.Borrow�wacrants aad will . ` , ,:.
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<br />: �� . defend gea e i a Uy t he ti t I e w t h e F c ogerty a g a i a s t a l i c l s i m s an d d a n a n d s,s u b j e c t W a n y e n c u m W a a c e s o f r e c o r d. ��: ' , :���
<br /> TI�S SECiIIiITY INS'IRUN�NT cambines mufoun covenanis for national use and non�unitorm eovenants with Wnited ;. ;� .. - .
<br /> Y + variations by jurisdicction tn consatute a unifoim sec�rity►insuument cave�ng�al pmpeny. � - - j
<br /> ti �:�i TJN�RM COVENATPis.BOrlOwer and LendPr o0ve0anl 3ud ag�ee as foIIows: - �
<br /> -� -- 1.Ps�saeat s��a:��t�z�#;P�►ayas2ai�Lsi�C�- B�wer stiall pmmP�Y F�tY.wi�en dne the _ -
<br /> � �; principal af and m�resc on the debt evidcnced by t1�e Note and any prepayment and late charges dne ander the Nur� -- .
<br /> �.F�a�roraas�sna rn�� Subjoct oo applical22e iaw or to a aritteu waiver by Lender,Bamavret shall paY to .�..-----.. -
<br /> . �! Ir�der on the day raoathiy payrnents are due under the Note.mu�the Nota is paid ia full,a sum("Fuads'")for.(a)Y�Y�� A:•--- •. .
<br /> ' -t and asse.ssmant�which may anain priority over dtis&eauity IastnnmEa!as a li�on We_ProPeny;N}Y�Y�o�PaYm� ` _",''•- .. �'�
<br /> � �� or gmmnd rents an the Pmpeny,if aaY.(�)Y�Y�ar propaty msuraace pr�inn�(�Yearly Mnd insivaace psemiums,if � . • '..
<br /> •. ' ��S�'�t',...
<br /> , ` �:(�)Y�Y�e�rance Premiums,if anY:�,d(�a�►sums paYab2e by Boimwer m I.�der,w�ce wuh the �r `. ; '._
<br /> .s', ' %.,'. pm�isiaas of paragragh S.m tiexi of the payment of.mattgage insur�oe premi�ans.'ilt�sse items are rall�d-"Fscmw Items." :''
<br /> � ' l.ender a�ay,at any dme.wlIect and hold Funds in an amoant not Lo exceed the maximum amown a lendQr for a fedeaally reiated :., :`�, �""T`��-
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<br /> . - �- . = mor;gage la�n ma�p rcxNire for SaQSOwes's e�ow aecotmt.andec thB fe�eaal Real FsYatc Settlemene P�+ocedures Act of 1974 as f y �1 =-
<br /> � . �uca�ded froin dme to time,l2 US G Searon 260I et seq. ("RFSPA�,�l�s aaot��c law t6ai applies w tRe Funds sets a tes�r ���i�t1�sr,..;,.� =
<br /> � � amounL If so,I.endet may,ai aay time,a�ltect and�u1d F�ds�aa amount ttot to excee�t the lesser amouaL I.eAder aasy �j,{.;°;-:;:;;�,�.
<br /> . . ,.`� esG.maie the amount of Funds dne an t�e basis af ca�cr�Zdata and reasonable�s6miates of expe�d4i►,�es of fupue Fscmw Itews or °g•_. :n.:'''t`.-
<br /> � ; � atheiwise��ea�dance arith appiicabie 1aw. • " . ;; ' _-=-
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<br /> .. ,� _ . .' The F�shall be 6eld'm au insdmtian wi��a�i�med by a t'�eral aSeacS►.ins�talitY,or entity(mdn3�8 •�L�".
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<br /> . . �;�� Ledder,if ikader is sach an u�niaa}ar'������1 Nome Losn Bank Lendes sball appip"tfie.F�mds tn pay tke Fscmw .
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<br /> . ` .._ � 1 ' dte Funds.aunually analyzmg We es�aw ac�oatm�ar verifyiag -.�.,.� . `.y�,..,•�
<br /> . . .. �T.r,�ms.I.�ded may not cbar�,e$oso�f,z3h"r��r,�.�acfi apP Y��
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<br /> ti�Fscmw Items,aniess��s�rer in;�st an the Fimds aad applis�ble law permits La►der to make such a cbarge. ' .�"-.
<br /> �. i�swever,.I.�der may��.�.S�r�sa��o pay�oh�tiune charge f�an iadepeadent real es�t��paiang seavice used bq ,
<br /> ' �,a �tdec�.c�on;+���:v�,cai�s applirable Zaw�ovides o8teawise.UaIess an ag�nwt is made or app�c�ble law :��- `
<br /> � ' .1 �ta�e�n�;�ndea shaIl not be�m pay Bottower any intaest or eammgs on the Fvnds.Boaower and % ,�' x�
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<br /> �`� . - �.eadcrr may�agr�e m a�;fiowever,tttiaat mt�est sU�be paid on the Fimds.l,�3er sha11 give w Baaowea,without c6a�ge,aa � ,`: �. .;,�;.
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<br /> ' � . . �annal accounting of Qi:.�ds.showing czeedits aa�:�.5iis to the Fimds and tlie�ise for which each d�to the Fuads was ',''' a '�� �su
<br /> 2� ... � � � m2d�'ihe�wuds are pled'geii as addi�mmi se�itY t�s�tl sams set�ued by tlils Sera�i.y,-�ev;�:. �:'. : ;i '. .,��
<br /> i �� .. r h s r.�= If the�ads keld by Lender excee�t�ae amoimts p�rrmitted w be held by applicaL��aw,��er�aU ac�uma to Boimvr��ar ;` �F ,:..��
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<br /> - ti.r�, the exc�L'-usc�s ia�accacdance witi����y,�[remeats 4f applicab2c law.If the amoant of the Fw�'.s held by Lender atany r�is t �_�=
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<br /> � ,�•. not sv�icient in pay the Fscx�qw It�'?��;��Y�notify Bosrotver iue��ng,and,m sueh e�.re Bomawez'shaTt'�aY ,:i' r ='- —
<br /> . . • �. � . to Leadca the amount neces..�uY �n������f+• Bonower shaU raak��p the defccieACy ia no maie d�aa twelve . :+,, r•...,•,�:' ��
<br /> - � -�- -- -•� monthIYP�a►tg,atl�?��'s�ole���:�� , � :� . � '' �: _
<br /> . ' UPon paYment in full os"aIt s�s.�t�}�s�.rurity 1ns�ttn�t,Lender s1�all promptty ceflmd to Boirower eny Fimds ,':' _-
<br /> � 6etd by L�t�If,unda pazagrap5 ZIl..�sx sha'.i 2�quse or s�':t�SF PcogatY,Lendea,Prior to the acaluisidOn oz sale ot th�• �,.►�--
<br />::_L� . � . .. .., �r+operty,sL'aIl appty any Funds held.�.�.�;f,�3er at�time of ac.,-�on or saFe as a credit against the sums se�ued by.thfa. �,.� �:� .�.r'
<br /> � ;, .S.e�mity Instrumen� . ' � ��
<br /> ,� , • 3 ADDt�eation of Payments,� Ualess applicab�°,�Drovides athe�avise.a���enta te�eived by Leader undca paiagraphs ' h t� �-
<br /> ` . � t es dae�s�r the Not�sec�rn�,w emoants a ab4e uader i ':.; -
<br /> ` �.,;; � ' 1 an8 2 s�U 6e applied:fust.to m►Y:�;-"�aYmen ct�g P Y P�48�, �.�. ':
<br /> �r , �'�:, third,to i�o�[dae;fo�th.to Princig�:�and?ast,to anY Ia��es dne nnder.the Nate. � : :. -
<br /> '': ��F��f� � 4.C�a,.�;Lieas. Bunower sdall'�aY all taa�..aSs��ti�8�•fines aad imglsati�s aiihl�ntable tn the Aup�y � ",
<br /> � '� "'° �•�rLic6 may aflait�priority over this Security Insuua�„�aad Ieasehold paymenis�r.�c^_and r�.��f at►Y.Bosrower shall pay these '„ : �_-
<br /> ". '�.. �ablig,ations in Q�e manner pruvided in paia�h�.�n;xot paid in that manner,�wer s�1�.�aY them on,ticne d�ectty to the ` � ___-
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<br /> . „tir;:. ' Peisan owed payment Borrower sGalt.p�rnptiy.�'.�a Yo Let�der a1D notices oY a�sl�anT���e paid un�r=t�zi��p�i�-If . ... �.} tfY'Y�{,r<<
<br /> , . . Bonower�ces chesa paymears di�cti�°.13'r,�;w�r aL�31 pmmpily fumish co Lender receipts eti�encing ihe yap�ter�. � '�;:`. .:°.,�s�„i1.�;
<br /> _ , � Borc��shall promptly discha�cyrs��1�t�'�-,ha4 piiority�over Wis Seeurity Insaume�at u�Borr�n3r.(a}��9es si�u� . rrrh���
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<br /> - •. wr.3ing t��e paymeas of the obliga�dn�i�i.i�'�e iuen in a mmu�er accep;�:��n Lmda:(b)cantrsts��aod faidi��e�¢�. , ,
<br />`== 6y.or defends against eaforcement qf L�e�unr 1ie�a1 Pmceedin&s wbidt �iim d�ri�Lender's opfiion opeeate ta preV�uyfik� . ',-,
<br /> -- �� eaoforcem��of the lien;or(c)s��n!t►4he��tr�9r�sf the li�an agreemerii kt�tisfactaty w I.�der 5vbo�dinatiag the ltitsc,�a. :',�", ��"'
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<br /> this Sec�i�pr 1�nstrumenL If Le�cder ,dr�riimi;sea t1�at��act o f Q�s L°t apecty is sn bjec�to a t i e n w h i c b raay a tt a II�p i i a�j r o��c� ' +�
<br /> •: . . ge�uity ia�.th+men4 Lender may giy�II+��ver a am��idcnbf,r�g rhe ti�.Aoimwer shall satisfy the liea or take one�r.:�i� :��'�,�;f y�;�
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<br /> -' of t�c acaons set fmth abav�witirin i�'days of the�.�ot noti�oe. �:;: . :-. :
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