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<br /> � < -n}G�i'H�R�Vt'T,H:ali�th�t im�mYranents aow or 6ereafter erected on[he pmperry.and all ents, ees.and .. .._.
<br /> � , - .--- fixtus�cs uo� nr.hcrcaRGt,�pzxts of th� PropertY. AI1 se?la.cesn�nts and additions shaU also be corered hy this Securiry _�-_i- _-- -
<br /> . '. . - InsuuEneat.All of,tho fotr�s,�,i�is rcf�rred to in this Securiry iastrument as the'Propeny.' � :r.��' .
<br /> • � ;�, < � gpRltptVBR Ct��F$4X►lc�'7S that Borrouer is lawfully seised of the estate herebl•wmeyed and 6as che right co grant and
<br /> . � �:."'� c�meyr ct��Pro�ertY a�ct�tY�2t•the Propertyr is anencumbered. except for encumbtances of record.Borrower wamants aad will ` . .•,:,
<br /> - � � defend g��atl�•t�t�titla to the Ptopercy agains�t a11 claims and demaads.subject to any eanuabrance.c of tecord. �`. � , �."� .
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<br /> �`,�.:��;:..� `; ' 7 1�L[S S E t�'1 3 R i'�*.-�1�•Il`SfRL'MEIvT combines uniform covenants for aaaanal use and naa-uniform covenancs wich limited � . �. ` ,r:::-.°
<br /> '���� ` `,. �ariat�mu�bM Jw'isdCian ta oonstitute a uniform s�uaitv ntstrument coveiing real propercy. � . .
<br /> r �f,r���`,`�: ': ��p�;�Q�tAN7'S.Horrn�ver and.Ixnder oovenant aad ag�ee as follows:
<br /> ��f��;�,��. ��� 4 , 1: FaYmt�ltt td�Prindp�l and Iater�st: Pre�al��t aud Late Charges. Borrower shall promptly pa}• when due tRe
<br /> _�'����� _ oa the debt evideaced by ths hatc and an}PrepaYm�a t an d l a t e d�a rg e s d u e u n d e r t L t e h o t e. � �- � :.
<br /> ::._:::�:�_�- 1.„-�� psitv�4�2:af:�4•�htts�t � . -
<br /> _ ��;,!��'?:����;.<<. �" ; 2.:Funsts for Taxes attd lasuraace-Snbject co applicabte law or to a written waiver b}• l e a dtr.Borro a e r s h a l l p a)ro ` ,
<br /> ; .'°:s,�-';< " ' L�tc;paa.th:day monthly paymems are due nnder tlie Note.until the Note is paid in fuU.a sum 1'Funds)fat:!a►}eariy taaes ;;. •
<br /> PrrrtY; �- ---_. .•_. ..
<br /> ° ; ����smencs which may attain priority o�er tf�is 5ecwiiv i n stsumen t as a l i e n o n[h e P ro t Ibl�ea�l� teasehald pa��meuu �
<br /> _ �,_ ; or grouad rents on the Propecty.if as►y:t¢)yearip hazard or prnperty iasurance premiums:IdP yearty Rood insurance premiums. , • -
<br /> � � e I mon a insurance pnmiums.if an�•:and!�1�f�►s payable b��8orro�cer to Lender. in accordance�i�i►h � , .`. •: ..,' . ".:`� .
<br /> . ' if any.l ?Y�Y B Se
<br /> . ' the prov;sioas of pazagraph 8.ia lieu ot the paymeat of mortgage i��urat►ce premiums. Thae items ar¢calErd'Escrow Irems.' i , - :�_.:" : -.. :
<br />_. _ . . � i.ende:may. at any time.coltect and hold Funds ia aa a�nouat aot to ezceed d►e maximum umount a tender [or a tederally �
<br /> ` ��. � .� �
<br /> related mortgage laan may require for Barroa�er's escrow accnuat under the icdetal Rea!Estate Sntlemeni Procedures Aci of .;` ., �-:�
<br /> � � � 1974 as ameaded fmm time�o cime. 12 U.S.C. Section 260t etseq. ('RFSPA'►.unless anviher laa• thm appties co�he Funds r�_.__,__;a:..'�^`�_�_
<br /> - - • - sets a lesser amount. Ii so. Lender may. at azty time.roiiea�d Bold FunQs iu an amount nnt to eacad ttte tess�r aznrnmt. r. �--s_`
<br /> ' Lender toa�estim�ue d►e amauat of Funds due on the basis of cuneac data aad reasonable estimates of eapmditures of futu� .
<br /> - �• Fscrour Iteats or otberwise ia accordance'avith�apPlicabte law.
<br /> ` ,.``` iLe Fuads sbatl 6e Detd 'w an institmian whose deposits are insured by a federal ageat�. instn�mentality. or endty � .
<br /> .. _ �� : (including Leadera�Lender is snch an institutioa)or in aay Federal Home Loan Bank.Leader st�all apply che Fimds to PaY�e .�...,.._.��------
<br /> . ''�j. Fscrow Itecns.l�ader u�Y not eharge Bom�wer for holding and applying We Funds.anaually�atyzing tke escrow accouut,or •`'�:. {�
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<br /> . ,' .- verif}►in&the Escrow Items.unless Lender paYs Boaower imec�on�f►e Funds and app]icabte law permits L�der co malce such „�f , - --
<br /> ; � �[`,•:.�.� a�ge.However.L+euder may reguire Boirower to pay a one-time ch�ge for an iadep�t real estate tax�sepoming service �.:;`;3;"�
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<br /> .'.__ . ..�?�` �. osed by I.ender in conaection wit6 this laaa. ualess applicable law provides otherwise. Unless an agreemeat is m2de or � t - -
<br /> °' ; appticable law m�r_s mtecest co be paid.trnder shall not be required to gav Borrower any auerese or easninSs on the Fnnd€. .,-� _�
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<br /> '� n � Borrnwu aad baa3e�•mal+agree in wr►tin8,hnme4-es.thaz intemst sha11 i��gad,on the Funds. lender shall gn+e w Boirower. '
<br /> .. :�•��.,>`�:;'�'`'��:�;'.� aa�6anual�aa;outuing of the Funds.s�oaiag c�a�dz6its tQ the Funds and the puipose for whish eas� • : .��,,
<br /> . wuha.es cbarge. - :
<br /> ::`:,.<�:;;,:;.•.;;;- fvc all suras secured by this Seauiry Iasuu�eat-
<br /> ;:};;, defis�t�?'�k Fuacts�was mada.'I'he FuAds ase pledged as 2d�:s�
<br /> .. �: fisG : ;
<br /> . : r�s�.��t���ld by lender exceed the amounts persiti�a3��;v::ta�i�8p applicabte laar.l.euder shaU accouat����
<br /> � ', 'f �or t#ie e1c:.��dS in aorordaace with the reguirement�of.������a_��f the amount of the Fuads held by Lende;as am� � .��;
<br /> �'� time is_not ss�,a�►�i:?ia�Pay the Fscrow Itec�s when due.Lx�Pr��y 50�rstif"�'Borrower in writing.aad.ia such c�se Borrocaer� ::.., ' ' ; -�s��r:
<br /> ,"l�4,� ::'t� sha�i pay to I��e amount•necrssary to mase up the.�frciencyr. "Bcr.�er shaU malce np�he deficiency in no more�e �;
<br /> f�`h �, ,•� u�ents.at Lender's sole discretion. . , . , � �" �`, '.��,,�.
<br /> ,x�t � ,; Ft• twelve�aoatt�i�. �..� nr ` ,���: _.--�
<br /> . .,, r:t Upon Q�s::�'�ia full of all sums s�,by this Secuzity�fistn-�.-. Lender shall pmmptly refimd to Borrower any . "�"
<br /> . 3:, t �l �'��'.
<br /> ` �`i Funtls held bv�.If.under paragraph 2I.,lErr�::�:r shall acqui:e oe�:1.tfi.e.Properry.Lender.prior co the acguisirion or sate :: �n
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<br /> � � of zhe Fr�p�;:sha'll apply aay Funds held bti�.��.�er at the dme of x�;�tion or sale as a credit againsc the sua�sea�red by. . . .�•�1.�,,'. ' .��
<br /> tlus.S�r.tv•�ment• . '. �. .. . ..: ; $"�=
<br /> � ' ?',��"��Ltaa oY Paymepis.Unless applicabie lavr,plirrid�.ott��.all payments received by Leudet und�p�` ti �! _
<br /> ..� 1 s�f -.�si±,a5:�i3�xpPlied• first,to anY P�P������'�.s,'h�'�te;secoad.to asnounts payable under p�I�'� . :�.�,.:��.
<br /> •� thir�,ri i�:�lue:founh.co priacipal due:an�lasc.co a..~Y lete ci��r���uader the Note. ,b .s • : . :`., . ,.
<br /> ..' . . .•,�.��?��ieas.Borrower shall pay all�taxes.assessments.di,'�.;.�ines aad impositi�s atth'dtitabfe to the Proge� . `..;,r�___
<br />_ __ .. . ..• vr�adc+���priority over this Seaulty lnsavm��aaa leaseltdl��;l�.�s�nts or gmund reau. if any. Bomower sha11 p��';;,,.� , �.
<br /> _ ' �r.�iigatip�s in the manner psovided in paragraph 2.or if not paid'i~.t�at manner.Bormwer shall pay tbem oa ume diiectIy �� .
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<br /> ' .'; � :b'�eFess�a�zd Payment.Bo:rower sha11 promptly tumisb to Leader aU nodces of amonnts to be paid under this paragrapD, . ' _
<br /> , � ' If Bcrcat�er s��ir.ea these payments direaty.B��er shall pmmptly fu��sh to Lender receipts evlde�,sing the paYm-'nts. .,`,:'.�. ?�,�,.'
<br /> _ :.,��� • ' : E�t�!s:e�r5,a:1 pmmptly discbazge suy lie�•whish has prioriry�,^r:c��is Securiry Instnimeai ua&�s�ormwer.(a)agre�;fis � •: �„r�y��-
<br /> ��iula�r s�r t�u���a��ment of the obligation secured by the lie�in a mana�s:acceptabte to Lender:lb)contestg ia gaod faith th�lira�� , r ,. _
<br /> . '� • y�t,�.�:•rd�ird�raaaiaat enforcemeat oi the liea in. legal�ioceedings which in ttte Leuder's opiniaa operate w preve�rt�si :. �:�
<br />_!� . enforcei�ais,r.is tS'as lIen:or(c)secures from the holder of the lien an agreement saiisfactory to Lender subordinaciag the iid3:��� . _ _
<br /> � . � this 5�,3.��nent.if Lender detetmines thaz eny part of the Pcoperty is subjec�to a liea aluct�may attaia prioriry�:+�: � .. -
<br /> ° � this S�ar,ry t:is�ment.Lender may give Borrower a notice identifyiag the lien.Borrower sha11 sati�fy the lien os take oae�
<br /> � � ��� -�: } more of the actions set forth above arithin 10 days of tbe giving of notice. � ' �
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<br />-i � . �.6RlNE7���ti.ot v�eso�s annv,: • .'
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