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<br /> ��<� �- ' TOflETH�1 WiTH a7 Mo(m9rov�ncr►ts naw or hereaftar eraetad on tho property.and till easementa. aADuR��smi � � . .
<br /> .` <, cemante ariA additluns ohnU Nso bo eaYCrea�y lhis Scieuti�t �. ,>�
<br /> , c� t � fGmuaa now or h�reatt�r a�nrt of tho D�DaRy.All ropfu ..,' .
<br /> � ^ � � All at the tarExSoing Is c�ektned to tn lhis 8�eu�tY Ins�ument aa tho'Pro�city.' .
<br /> ''�` :.,�� BORROWER COVENANTS that Bortowar ta k�wN4y ae�ed of tho Qstnte hereby convaynd end �as tho dgM to qras:t and ' .o , . ,
<br /> ` • •..,. u comreY tho PropestY a n d t►�t t h o P r a p e r q r t s u r+�►cumb�d. exceDl tor encumb�ancas ot nzeorC. �ortawer warr�nte and wUl�
<br /> ` �� deSend generattfl tRe titte to ttw Property ngufnst all ctakns and domands.aubjuct to any ancumEren c o s o t r e e a r d• , ti-a.: .°
<br /> ` .ti YhItS SEC U RRY lN3(RUME[�1T eomb4�tfs unHotm cov�ante tor naUAnal uso and nan+uifioan eorMtanta wltN 1lmlted o
<br /> :; i v a r f a t t o n s b j u r i s�S c U o n t o c a n s t ltuto a unitcrm securlry InsGument covertng n�ai ProaeKY• � � •
<br /> ` Y UNIFORM COVENANi'S- 8orrowtr and lender covenant an d a g r e a e s t o D o w 9: 88.Bocrwver shaU promDthi P8Y when . ��r�
<br /> ,-r 1.Pay�nen4 of P�Inclpa9 and tnteres� RreFfay�ent mnd t$4e Charg C
<br /> due the P�dPa1 01 and Udere.st�on�1 Sd�ebrelt�e �jeci t�oBeP�!e taw o c�o a��w�erct�►�nder.eor ow�shan v�►°'0 . ...
<br /> .. .. 2.cunds�or Y�e � �°�•
<br /> d h� 8i➢,a sum('Funds')tor. (a)yeart5►
<br /> . y� . to lender on fAe day moMhN Payme�s are due under the lsote.uttil the Nate Is pai teasehotd �
<br /> <�,� . �.. . � tio over this 3ec�uityr Instrument as a Qen an the Properql: (ti) Y�Y :a ..;.
<br /> �-.�,;r.-: taxes and assessmerYts whEch maY a�n P �► h�or propes�y►ins�rance Premiums:(tn YearN ftood insurance
<br /> � =' erds or ground�ts an the Praperty.H ar�y. (e)Ye�tY Bocrowet to LenEer in acoordanoe� -
<br /> _ �r� P� ���premiums,!t anY•and (�enY sums payable by - --
<br />--•3`��.;.;,,-:,. premLm�s.It any. (e)Y�riY mortgage �of mortgage insuranae Dremiur�. These ftems are�sd 'Escrow --_ -
<br /> - , . vy3p�the provfsinns of paca�epA 8.In Qeu oi the paym � �;
<br /> - ` �.' (tems,• Lender maY.at ar►Y U me.eoUect and hotd Funds in an amourt not to exceed the ma�dmum amourt a tsider Sor a �.`V,_.; `;- .
<br /> �: ' .��` `,�� tor Borrawer's esuow accaunt und�the tederal Real �e 3 e tt lem e n t Pro�
<br /> ;;;•��._. . _.. ��,,�ce�ffied modgage loan maY cequire ' Ues to the Funds
<br /> �. •`�.=-�:'�`�. !sd a:4�74 es am�ded t�nm tlme to time.��y ttme,croQed and hot�Funds�In an em unt not to�exceed the.less�amount. =: -_`-::
<br /> - ��`'�:�'',��. sets a 7asser emn�e�amourt ot Funds�e an the basis of curtert data and reasonabte e.sttrttates oi expatdiW�es o��+� '.'�°: -.:i:•
<br />. � .'h.•�„• . .
<br /> . .�;i,..•:s� Lerlder mSy esh�sie •,,
<br /> �.` � Esaow ftens or o3�awise in axordance w�h apP�ca6le law. �nstnsma►tafihl.or�Y M��9 :.-;: �.�
<br /> ,.,,<,,' � - The Eunds sha0 be held in an 1nstrludnn whose deposits are Nsured dll a tederal aSt�cY. the�crow ` -
<br /> ,�' Federal Home Loan Bank Lender shatl aPAly the funQs to pay ` :`
<br /> �: ,;'- Lender.d Lender is such an insi?ddion) or(n enY �e Funds,ann u a[�t�8 the esunvt accaurrt.or veifylia9
<br /> ' � �,:<;��h� ': items.Lend�may not charge Barrower far hotdmg and aPPN�9 '�`:*.. :
<br /> ,,.,.;+�:�. Borrower interest on the Funds end appGcable tav� pemris Lender to � servIce
<br />;.;.' �..". �y�,Yw.,.,.: the Eserow ttems,un►asa Lend� P Borrower to pay a one�ime charSe for an Tndependeit real estete tax repo 9 •
<br /> - :;,. chacg� Howevet L�n�ma!►� � [s made or •:.��`
<br /> used by Leidv in co�mectlon with this loan. unt�s aPPfieabie taw PT'avides othewise. Untess e� a3r�'� � � " '
<br /> , .,;�„� .;� .. ��.`.'.•
<br /> °�' ":�`r,.• °` apP�bts taw requh+es��to be paid Lender sflaD not be c�d tO Pa3/8urrower any irteres!or eamingse to BoFmower.
<br /> , °�%fb . ;. : f.'. r�'r
<br /> ��`.ti ;:.,.� tn wiftlng. howaver,tfiat irt�esi sTnall be paid on the Funds. Lender shalt gw
<br /> �� �, Be�and Lender rtmY agree ,�.,.
<br /> :�..��',� ;- w?'J:�tc'sha�g� an ennuai accouating af the Funds.showing ae�tis and d�Pts���e�by the Secudty Mr wh�t�
<br /> r�.r•�:, Qe�Ss ttie F�mds was made. T4�e�Famds are piedged as add�ionat seairfly Qeabte taw:l�der sdaU accaunt to Brsr�ow� �`5;
<br /> � •': �t'";�: • (f the Funds held by lender e�ceed tha amaunts pertnttted 4i�e ndd hy ePA . -
<br /> . _� tor the exaess Funsls in acco r d a nce w k h the r e q�dremarts af aPAltcabie taw. It the amaurrt ot the Funds heid bf► �er a��ry ��
<br /> � ����`�` � 41me Is not sufftdent to payr the Esaow Items when Qua. l.ender maY so notity Borrower fn wridn9,an d.t i e srY�s casa Bo�rower . -'i:
<br /> �.;,:�..�,.:, � :.,.:..
<br /> �.�,�,•`: s!n�t PaY to Lender ffie amourtt na�ssarY to mske�+P the defldeney. 8orcower sheA make up the de4ct�rc+I i1 r.o caere than . _,
<br /> :� :rarti �J.: �re morthN Pa�nent��at L�c�s sate dlsaetion. refund to 8�E.����nds °°-:','
<br /> ` •,:;;,�;���. tl�on psym�t In tuD at ei[s�nns secured tsy thls Secur(i�►Instcument.Lender sha0 prompt�l ..
<br /> ��s.:':,,Y ��r _i.• hdd by lender. if, unQ2r para�EPri 21.Lend�shaU acquire or seH the PropertY.Lend�r. pdar to tfie hcq�'s s�.-�d b!th's
<br /> �, ``::. Pcopechf.shall appt}/'�+Y Funds h�cf by Lendet eY the Ume of acquisitlon or saSs as a credd aSainst _:,'
<br /> " �,,ts,.•�•G'r-� instrument received by La� und� :,'�;��"
<br /> ' :`y f:;f.�,�;.{';` � ettta. Unless app�cable �w pr+ovides othervvise. ali Payrne�rt.s �ef , _
<br /> �-.�•)� 9. i4ppl�cst�on of Peym � �dae undes the Not�sevond��►ounts DaYa�1� �
<br /> ;:•"�b�';�;%���'� pa�a�aphs 1 end 2 aheD be apAlled: fast.to anY P►eP�� �S
<br /> , parayaPb�thhd,to U�terest du�t uRh shall all eU��xes.dasse.ssmer►te. ct�ar8es. �e�d��D°sfh'ons attrmtttabie to the ��''�°�`.
<br /> :: �••. . 4. Charg08: U0lfe. Barto P errta or und rerrts,ff any. Bamwer sha11 f�-
<br /> ,. • propeRy which may et�b*PAartty over this Security Inatrument,Md Ieasehotd paym � .
<br />° ,. pay these oWtgaUons in the manner provided in puragrapA 2. or it aot paid(n that manner,Borrower sha0 pay them on time �',�
<br /> .`,�� dtreet�r to the pe�san owed payment Bortower shaA promptty lumisb to Lender aD noUces of emowrts to be pald under 4Ns ���
<br /> • . �apb. N Borrower makes these paymenta dUecKy'. Borrower 3he0 prom�ritY Nmish to Lender �ecelpta evidendng the f =
<br /> P�
<br /> . . �'•���•� , PaY►n�• d�qiarge any Qen whict►has pdority over this Securilyy Instrument untess Borrower: (a)e�ees tn "-�-:•r.>
<br /> r i
<br /> • 8oaower sha0 promyUy eontests in gcod taiih the � :,---
<br /> wAtlng to the paymeM af thu obligaUon secured by the Den In a manner aeceDta�►e to lender. (b)
<br /> � Cen by,m datenda againat entoreement o1 the Uen in. tegal proesedin9s whtch tn the Lender's opNian operate to pcevert tho � _ -
<br /> entorceme�l of the Qen% oi(c) sec�tes nom tha hotder ot the Uen an e9reement saUstadory to Lender subordinating th y�t�o
<br /> , . � thTs Secur(t!I fnstrument It Lende►determh�es that any Parl oi the f�operty is subject to e Iien which may atmin P o►hl► _.__
<br /> Se�rlty lnstrume�►�Lender may giva Borrower a noUce IdentityU►g the Iten•Borranver ahall oaUst�►the Ren or take one or more at � 4�
<br />- � t h e a a l o n a s e i f a rt h a b o v e w S t h i n��d a y s o1 the glving of no8w.
<br /> . � � � 5. Hazard o�Peopoety InsurenCe.8orrowe►sAaD keep t he U n Drov e m e�rt s n a w e x J s t i n g o r h e re a ft e►erected on the � :.._
<br />° ( '`'" ' FroDeriY tnsured agair►st foss bY fire. hazards fnduded wfthin the tertn'e�RenQed coverage' and enY other ha�tds.tnduding �_-,_'�._
<br /> RooQs or 4ao�ng. tor whicfi LenEer requUes insuranee. 'Thts insu►anca sha1�b�maU�te�ed ln the amouMs an0 for the pedoda �_,_,
<br /> . � that Lender req�b g��asortabry wlt�Id Df B wer ta7s to meUrtaln coverage�des�ed e0o ei Lender may�at I.�ender'e �- ,_
<br /> � w h i c t►s h a 0 n o t i n a c c o r d a n c e w i t b p ar a g►a p b 7. a ._--
<br /> - � • optlon.obtatr�coverage to protect Lender's flg hts i n ffie P ro p e rt y e dause. Lender -
<br /> ' . All insurance potldes end renewats she0 be acceptebte to l.ender and shall fidude a standard te on�Bder ell receipts oi �"��`°
<br /> - ���.• . �> .
<br /> sha0 have the dgM to hal0 the poUetes and renewets• tf Lender reQ�i�es� Bonower sha11 promptty 9t�► �' _,'�
<br /> -_ : p�(d prendums and renewal oaUces. In the event ot toas.Borrawes ahail give prompt notice to the insurance carriet and Lender.
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<br /> ' • Len�er may make proot o1 loss H not made promptiy by Bortower. {�..���i=
<br /> {
<br /> Untess i.enQer and Borrawer othenNise a�ee in wrtW�9. insurance Droceeds shaU Oe applled to restoraUon or repair ot the �, .°_.
<br /> ' � � Properiy demaged.N the resterat�on or repah is econamicaity leasibte anA Lender's securiiy is not lessened.N the restoratlon or
<br /> .�..' • Qed to tAe sums '�'�- -
<br /> • repalr is not economicaRy fea�tbte or Lendets seewrity would be lessened.the tnsuranee Creceeds shall be app .-,�
<br /> ` •` ; sepued by this Security�nstrumQnt, whether or not then dua, with any excess Paid to Borrower. N R.�rower abandons the
<br />_- � . • pro p e r ry,or daes not answe*wiWin 30 days a noUee irom LendeT thal tAe insurance can'•er hes of[ered to setU f��.$h�
<br />,-_- Ler►der may eopecl the Insuranee procee ds. L c m der m a y u s e t h e p ro� edod rvN be�+rfien the notl�ce Is�given.
<br /> • " sewted by thls Securlty(nstrument,whether or not then d�te. The 30�d��on o1 proeeeds to pdncipal shail not e�dend or
<br />— � � IJntess Lender and Bortower vtfierwise agree (n vmtin9. anY eP h9 � end 2 or change the amount o1 the payments. it
<br /> _ � , pos�one the due Qate at the monthiy paymertte teter�ed to in P��'aP , :
<br /> . under paragraDb 21 the Roperry Is acquUed b1►lende►• Barrowes's dght to any Insurance polides end proeeeds�utNng hom .
<br /> __ ; damage to th�e�Pr�ophe'RY���onthe aequisiUon shaU pass to Lender to the e�ent o1 the sums by thls Security tnsWment
<br /> - . �nmedtatery p Bor�ower's Loan
<br /> di
<br /> 6. Occupancy. Preservatton, Matntenanc� and Pratectton of the PropeKy:
<br /> - . , _ ppPllc�ttofli IA8S9hO1d9.BoROwet sfi80 ocapy.estsbUsh. and use the Preperty�the P►op,eriy as Borrower's pdndpal
<br /> _ , • $iMy days after tho executlon of this Security InsUument and shaU conttnue to accupy Whicb cansent sfiaD not .
<br /> - � resiQenee for ei least one year after the date of occupen�Y.untess Lender othdwise agreea in wAting.
<br /> -' . be�mreasonabty withbeld,or untess extenuat�i�g dreumstart to deteAorateico commil waste on the Prc��. Bortower�shail be in ; '
<br /> � . . destroY•damage or impalr the Properiy allow tne Properiy
<br />--_ - - ' Qetautt if any foAedure acdon or proceedU►g. whether civU or aiminal.Is begun that in L�nde�r'sn�or�ende s9 gecurity�nteriest.
<br /> ,,;li�;.'Z. :, ;`.. in toAeiture ot the Propeny or othawlse trtateriaIIY imDelr the Oen created by this Securif�E ..
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