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<br /> • • H�It the tm rovementa now or hereafter ereotod on the properiy, and ell ease�rents, ap►,�rtenencea, and �
<br /> TOQETHER WR p
<br /> � tbRuroa now or hereafter a DaR ot the property.All repiacementa and addft[ona sh�ti atso be covered by thls 8eaurity instrument. �
<br /> J � AII o}the torepoinA is reterted to in thls Seauriry instrument as the'Ptaperty.' �
<br /> BOAROWF.Fi COVENANTB that Borrower fs IavrluUy sel:ed ot thp eatata hare4y oonveyed end has tho �ht to prant end
<br /> oonvey the Propa�ty end thet the Properiy is unertcumbered, mrce9t tor enaumbrances of reoad. Bonower warrento und wlll �
<br /> detand gonomty tfro title to the Property agahst ali otatms and demsnds,subl�at ta 8ny enoumbranees ot reaord. '
<br /> THIS SECURIIY INSTRUMENT combines unttorm aovenanta tor netionat uea and non�unitorm covenants wkh Umked �
<br /> vartatlons by jurisdbtlon to aon8titute a unitortn seaurlty Instrument covering raai prpperty
<br /> � UNIFORM COVENANTB. 8orrower and Lender aovenent and egree as folM�rs:
<br /> 1. Payment of Prinaipal and Intereat; Prepayment and I.ate Chsr�es. Bocrower shall prOmptty p8y when
<br /> � � due the prinolpal of and hterest on the debt evidenced by the Note and any prapayrtl9nt,4nd �ate chergas due under the Note.
<br /> - 2. Funds tor Texea and inaurance.SubJ9at to BppltRable taw or to 9 wrft4An x•v'1MEr by Lender,8orrowet shntl pey �
<br /> " • to Lendtir on the day monthy paymants are due under the Note,until the Nota Is pek9 �n fsaft,a sum ("Funds'S for. (a)ysary
<br /> _Y:,.,� texes end assessmenta whbh may attah prtority over this 8ecurily Inauument as a It�n o�.t�a Property; (b)yoerry taaeehold ,�
<br /> ' ,R payments or ground rents on the Property,R any; (o)yearry hamrd or prqperty insuranoe premiuma; (d)yearry flood insu►ance •�`
<br /> premiums,H any; (s)yeerly mortgage tnsurance premtumg.B any;and(n any suma payF,b19 by Borrower to Lendar In acaordance -_-
<br /> wRh the provisions ot paragraph 8,in Ileu ot the payment of mortgaga insuranae pramWms. These �ems ere caltsd 'Esorow --
<br /> items" Lender may,at any tlme,aoUeat and hptd Funds In an amaunt nat tp ezCaed the max{mum amount o tondor tor n �
<br /> f:- "
<br /> tederaty retated mortgage ban may requtre tor Borror�er's escrow aecount undar thp�d2�s1 Renl Estate Settiament Procedures ,
<br /> � Act ot 1974 as amended from tkne to tbng. 12 US.C.�Y881 et ssq. ('RESPA"). unlssa anath�r 1ar�that appttes to the FundB j__
<br /> J sets a tesser emounG If so, Lender may.at any tbna, aottect and hptd Runds tn Qn,amount not to exc�sd tRe teaser amount. �_-.--
<br /> .� Lender may esUmate the amount of Funds due on fha basts of current data and reasoreebb estimates ot Eocy�ndkures of future �I��'=
<br /> Escrow items or othe�wise in accordAnce wkh app4�bb Iaw. ��'�°�
<br /> 'i'he Funds shali be held b an U►SUwtbn whose deposits aro htsurad by a tederal agenaY.�trumentaltty,or enUty(tncludhp —
<br /> ,.,� Lendar.if I.onder Is suoh en Instiditbn)or in any Federal Hom�Lo�n�enk. Lender sha0 fl�tpb the Funds to pay the Esarow _=_
<br /> : Items.4ender may not aharge Borrower for hotdtng enci eppiy6�g 3ng Funda,ennuahy anayzing tha oscrow uaount,or vtu�rhg ';
<br /> " the Esarow It�ns. uniess Lender pays Borrower tnterest on l�hs Funds end&�pllcable Iaw permRs Lender to make suoh a �J,;._
<br /> '� � chaiga. Hawer�. Lender may require Borrower ta Pay � on�Ymra Charge[ar an lndependent real estate tex rePorthg sen�Ca r�=.
<br /> used by i.ender h aonneotlon with this ben, unl�ss appl`caDt� �r proVkEaa othenvise. Untess en agreement Is ma�ie or �;'.�
<br /> � eppll�abla law requires hte�est to be paid.Lender she0�ot be t+�qtsired to pay$ortawer eny Nlerest or eamings on the Funds. --�
<br /> 8otro�zrer and Lender may agree in writing, haweveL that lnte;o�4 shaU be paid on the Funds. lender ehaU ghre to Barcowor. _
<br /> � wRt�au4 oharpe,an annual acaoundn0 of the Funds,showirtg cr��Ra and debfts to the Fun�s end the purpose for whbh �oh �l
<br /> debR to the Funds cvas made. The Fur.ds are pksdged as additlonap s8cur{ty tor a11 sums seaured by the SeeurAy Instrument.
<br /> It the Funds ho;d by Lender exceed the amaanta p�mitted to be hpkl by eppilcable Iaw.lsnder shell aeoount to Bomower
<br /> for the excess Funds�i a000rdance wfth the requirem�►ts oi appti�rbl�taw.It the amount ot the Funds held by l.ender at eny _._..
<br /> Nm0 13�ot suHia�nt to pny tlte Esctow lDems when duo.I.ender rtvAY so•nptiy 8or►ow�h wrfthg,and, in suoh case 8orrower �=
<br /> , shag pay to Lender the emount necessery to makci up tha d2ticienoy. 8omnrer shaU meke up the deffoiency (r.no moro than =—
<br /> �_� Mre,1�s manthry payments,at Lendefs sole d3scrqtbn. —
<br /> t�,�rgY�t h f�iU gt aU sums sacured by.thts 6ecuri:y.Rlfstn+ms�nA�ir�nd¢r shail promply retund to 8acower eny FundB
<br /> � ���; • held by Lender. It,under paragraph 21,lsnd�s°+aa aequsro or,sak tha Ptoperty,Lender,pMor to the acqutsidon or sale af the �
<br /> _ Prope�ty.shaV appiy eny Funds heid by Lendf+'68 tho tircr�al�aquisftton or sete as a credit agaNSt the sums eeoured by thls
<br /> Secuflly Instrumen�
<br /> •:.�, � �: Appticatton of Paymenta Unbss �'plcebig��nr pravides otheivrtae, aU paymanie recolved by Lertder under
<br /> �`?"� pa�re�ohs t and 2 shall be applied: fYSt,to eny prepayment c4u�r�es due undet the Note; second,to amounta Qayabie under
<br /> �k''� paregrt�'h 2;third.to Mterest due:fourth,to P�ciRat due:end iast,'to any Iate aherges dua und�the Note.
<br /> ,. 4. Char�es; Uens. sorrower snan par � �. ����. an.rges. enes and tmpositions athbutsble to th9
<br /> . . Property whbA maY attaM pdority over thls 8ecunip�lnabumenL aed Ieasehoid payrt�ents ar Sround ren4s.M eny. Bomower shall
<br /> pay thesa obY�atqns h the manner provtded tn garayraph 2,or H�ot peld fn that manner,Botrowet shaU pay them on ttne
<br /> :,,, v direoty to the person owed payrtrenL Bortower shalt prompty tumish to Lender al►notices ot amoants to be paid under thts
<br /> ! 2R` paragroph. If Bonower makes these Payments dfrently. eormwer shali prompty tumbh to LExider recelpts evtdenohp the
<br /> .tS�b:,�:
<br /> •', . paymants.
<br /> _�,�;.:Y:F Bomcwer shaN prompty dlsoherge any Iter►wh�h has ptbrity over this Security Insaument unless 8ormwer: (e)aprees N
<br />��.t-.. •• wrkhg to the payment of tbe abifpatbn securad by the Ilen tn a mannor acceptabie to lsnder, (b)aontests in good hich the
<br />,- _ ._,,,_4. tier► by, or detends apahst entorcernent of the Uen h, tepal prooeed(nps wh(ch M the Lenders ophton opertte to prevent the
<br /> •..,•,,;," � ant�rcpment ot the Ilen;or(a)secures trom the hotder of the Ifen an agreement satlslactory ro Lender subardlnathg t�e lbn to
<br /> �'s��" tnis SecurBy instrumen�If Lender Qetermhes that any part of the Property Is sub}ect to a Uen which may attah prfor$y ovar this
<br />._ '•T.F.'i�.i't:;�.
<br /> �.��t�^,y.,+,C���r 5epirtt�,lnstrument,lender may gNe Borrower�nodce identUyhg the lien.Borrower shal satisty the Iten or tek�a�e or mo�e ot' _
<br /> _ �:'•'�'��?�"� the actions set torth above wkhh 10 days of the 81vM�0 ot noti�oe. -
<br /> b. Hazard e� Praperty Inaurnnae.BoRO�ver shali keep the(rtq�rovements now existiny or Mereafter ereoted on the _
<br /> Prope�ty hSUred eQlahist toss by flre. herardS h01ud9A WMh the term "extended COVetege'�ttd enY Othet h�u9fd�. hcludhp �-�
<br /> ,',.�, floods or fbodhg,for whSch Lender Yequtes hsuranoe. This insurer�ce ehall be mahtaYisd in th0 amounts and lor ths pedods
<br /> _ . . .�,:f�°, thet Lend9r requtes. The insurenhs Ctu[te► pmvidhg the hsurBnCe shatl Oe ohosen by BO�rower 6ubJeCt to 1:Qntlers epprOV81 —
<br /> .._.r:�-...r,{�-:" whtch shau not be unreasoneby w8nheld. If Borrowar fails to maintain aoverage d�scr�ed 8bore. Lender may. 4t Lsndet's
<br /> `__;,;�.;.:", ppUpn.obtah eoverege W Proteat Lender's ri8hts tn the ProAeKY N eccordance with P�O�ePh 7.
<br /> •�*� � , AU insurance polkles and �enewats shall be acc�tabte to Lender and shatl hotuda a emndard mortgaSe.otause.Lender
<br /> �'" shall have the�Ight to hotd Me polieies and rtanewats. If Lender requkes,Bortower she9 prompty qNe to Lender aD reeetpta of
<br /> . • paid premturtis end ren¢wat noUces. In Me e��en! of bss.Bortmrer shaH give prompt notice to th6lnsurance aartier end I.ender.
<br /> '� Lender mty make proot of bss it not made prompty by Bonower.
<br /> Unless Lender end BoROwer othoewtse egcea M w�idn8. inaurenee P►oceeds shall be applted W restoreUon or repat ot th9 -
<br /> �� Property damaQed.M the restoraUon or repair is economlaaliy teasibt�and L�ders securLp ts not l�se+te�d.it the restoratiqn or ___
<br /> • �epair�S not eoonom�airy fessbt�or Lenders s�acur9y woub be Iessened,tho(ns�uanca proceeds shaii he appUed to Ne sums ::��
<br /> secured by this Seourtty instrumen� whether ar�not then due, with any e�ocess paid to Borrowac If Bortowe�r abandons tha (;�,-�
<br /> . Property,or doos not enswer wfi�h 30 days a notice irom Lender that the hsuranoe cartt�x has otfered to serib a ct�im,thbn °--•
<br /> � � ' Lendor may coUect the Insursrtce praceeds. Lender msy use the proceeds to repatr or rr�store N¢PropsAy or to pay sums
<br /> ';�-� ` seaured by this SeourNy tnstrurrtent,whether or not then due. The 30�day pe►b0 wiU begh when the notlai is Qhien. ���,
<br /> � - Unbss Lender and 8orrower otherwise apa9e h wn'ting, 8nY ePPlketb� at Prooeed� to princ�sl sha7 not �d or E„.
<br /> � postpone the due date of the monthy payments referred to In paragrapha t and 2 or chtsngp thu amount of 4he paymenta If " '
<br /> . under paragreph 21 Ne Property b aequirc3d by Lender. Bortowefs rlgM to any hsurarao polletas end proce�da resuldrtp from 't:�`
<br /> i dam8ga to Ne PropeRy ptbr to tRe sCqubkion shEtO p&85 to Lertdet t0 th0 BxDBttt Ot the Sums by th�St�OUtRy foSWment -
<br /> f�. tlsW�wM�M/he MiuJCBinn
<br /> --_----.--,--__-z ..... � r..�- .��.��r.�... - -
<br /> �� 6. Occupancy, Prcaervallon� MainEeRanee and Protection of the Propetty; 8on�owrer'e 6can •
<br /> . Ap�liCat1011; Leaseholde. eorro�ver shall cceupy, estabitsh, end use the Proparty as Bor►owers principat res�denca wRhh �'
<br /> 66cry d&ys eftet the e�cecuNon of tAEs Security insbumont and shau conthu6 to oocupy the PropeAy as Bonowe�'s princpal
<br /> " ° resida�ce tor at taast orte year after the date ot ooCUpanoy,unt0ss Lender otherwise aprees h writhp,whkA cons6nt ehatl not
<br /> Es unreasonably wfthhetd,or unlesa sxtenuaNrtg ctccumstences exist whbh ere beyond 8orrowera oontroL Borrower shaD rtot
<br /> destroy,damape or Mpatr the Properiy,atbw Ne Property to dsteriorate,or commft wc�sle on tho Property.Borrower ahal7 be tn .
<br /> detauh It any tortetWre aetbn or proeeedhg, whethe►aNU Or criminfll,!s begun that b lenders good takh judgment could resuh
<br /> in tort�n;ture ot the PropeRy or otheiwlse materialy Mpatr the 11en created by this Security Instrument or L�dera seeu�ity�LeresL
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