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<br /> 'i'O(3ETHER WITH all the improvemenu reow or here�fter erxted on the PropertY�+u�d�II ea�eiRdits,�p�e�i��i�p�
<br /> flxturcs now ar herealter � put of the propeny, All �-epl�oemrnti and acWltiotu shdl �Isn be covered by thie 5ecudty
<br /> lnurument.All of thc fore�oin�ii rcferred to in thb Securiry Itulrument u the `Propercy."
<br /> BORROWBR COVENANTS that Borrower i�lawfully�ei�ed of the autc hereby wnvcyed uM hu the right to grant u�d
<br /> °0"vn' ��°P�nY � ��he PropcttY ii unenc�mben�d, excxpt tor encumbruxa of rccord. Borrower wunnu and will
<br /> defend S�nerally the tiUe to the pcoperty�ajnst a11 claim�auid dem�nds,aubJeCt to any encumbnu�cea of rccord.
<br /> THIS SBCURITY 1N5TRUMENT combine�unitorm covenmq for nuion�l we and non-un[form covenanu with limited
<br /> vuiulon�by juriidicdon to wnatimte a uniform sccurity inurumrnt coverin�renl property.
<br />� UN1rORM COYENANTS. Borrower and Lender covtnuu u�d a4roe�u follows: �
<br /> 1. �ri��°��°�1P�1 s�d 1ata�t;Py"epn�ent�qd Late Char�es. Burrower ahul promptly p�Y when due the
<br /> principiJ of u�d intersat on the debt evidencod by the N'de and any pnp�yrnent and l�te clwges due under the Nate.
<br /> Y. F�for Taxa �nd Imrrance, Subject to applic�ble I�w or to�wdtten waiver by I.ender,Borrower shdl p�y to
<br /> l.ender on the day rooetdly p�ymenu are due w�der�hc Note,untll the Note is p�id in full,�aum("Fund�') for. (a)yeu7y tuces
<br /> and asses:menu which rtuiy utain pdority over thii Stcudty Inattumrnt u a lien on the Propetty;(b)yeuly leasehold payments
<br /> or�round nnu on the Prop�ny, if wy�(c)YeulY fw.ard or propeety insudu�ce premiwne�(d)Yeuly fiood insurana premiums,
<br /> if any: (e)YeulY moRB�e inourance prcmiuuu, if�ny��nd(� any sumt payable by Borrowcr to Lender. ia accoM�nce wlth
<br /> the provi:iona of puagnph 8,in Neu of the p�yment of mortgage inauru�ce premiums. Thqe item�are called"Exrow[tems."
<br /> I.ender may, at any time, collect u�d hold Funda In an unount aot to�xceed the maaimum amount a le,�der fa a fedenilly
<br /> rel�ted mortga�e Iwn m�y requin for Borrower'a acrow account under the fedetal Real Estate Settlement Procedum Act of
<br /> 1974�s aatp�dod from date to time, 12 U.S.C.Satian 2601 tt seq. ('RESPA"),wileaa�atder�aw thu xpp��p�o� F�
<br /> sets a leuer�mouat. If ao, I,mder m�y, �t arry time. wllect u�d hold Funds in an�mount not to exaeci the lesscr�atawt.
<br /> L,eader m�y eatimue the amount of Fund�due on�ha buia of cument dau and reasoa�ble eatirn�tp of expeadituce�of future
<br /> F�crow Itaas or aherwi�e in�000rdu�ce with ipplic�ble 4w.
<br /> 'iT�e Funda a6a11 be held in �n institutioa wboae depoiits ue inaured by a federal agency, instnirneataliry, or entity
<br /> (includint l.e�xkr�if L.eader it such�a inuituUon)a in ny Federal Home I.oan Buik.I.eader�ull�pply tbe Funds w pay t6e
<br /> �Crow Items.l.ende*nuy uot charse Bormwer for holding u�d applying the Fund�,uinwlly aoalyting the perow a000unt,or
<br /> veri}�a�the 8�cro�v It�t. unlas La�der pay�Borrower iataeat on the Fwids wd applicable laM pemniu t.ender to mtice wrL
<br /> a cha�e. Howeva�!�..-r m:;:.,y-uire Ba.a.,w�r w pay� one-tia�e chu�e for�n indepeadent cr�l atate tu reportinj service
<br /> wed by 1.eadet in oonrbction with thlt loaa, unlaa �pplicable Itw pravides aherwiu. Unleu aa �gc+eement is ms�k or
<br /> ipplic�ble la�v requlre�intcnst W be paid,Leider ih�il not be reqa(red to pay gurrower�ny inte�t or arnin�s on tbe Fundt.
<br /> Borrower�nd Laider mry a�ee in writin6� however, tbr intere�t�II be paid oa tLe Pundy. L,a�de�sh�ll�ive tn Borwwer,
<br /> wdtbout c�u�e, an wnu�l s000untin� of the Flmdi,ahowinj crodirs and.debits to the Fwada�nd the uu�po,e for whM.h ��h
<br /> oeoii io we ruad��va�mwdt.7ue F�mtls ue pled�ed�s �dditional�ecutity for dl iumt securod by thii 5ecurity In�tt��mt�r,
<br /> if tbe Fwds hdd by L,e�tder ea�oeed the aaiounu pe�m�tud to be beld by�ilicable law, L,eader shall a000unt to Borro�vor -
<br /> f°�the��Fuadt in�000�d�oce with t6e requireroenu of�pplic�ble law.If the•anwuat of the Funds 6eld by Ldid�r ac�ny
<br /> time it not wf8cknt w pry the F.�crow Ite�m �rhea due.l.ender m�y�o notify Bocrower in wtitiug.ud.ia such c�ae Borro�ver
<br /> .b��11�j w i.w.•»�auv`� .�'...�wuv.w.�w � t^ '�!Mw�n� 1�M A�A�:w�wY� •A l._�� /._ • - _
<br /> J r ...�.' '1I�fC'.:'K w�.0 uaL�u il�+u1c 1lCUl:ICOCy IR LO /1107C �l
<br /> twdve moatl�y paymmu.at Lpder'a aole diia�tioo.
<br /> UP�WYmeot in full of�Il wm's�avred by thi�5ecudty T�ttrumtnt. [.enikt ahall prontptly refuod to BomoMer �qy
<br /> Firids bdd by L,aider. If.unda par�r�ph 21�Leader aWll scquire or�.'ll the Property� I.a�der.Prfor to the rquititiao or�le
<br /> ot the Propocty,�Il�pplY mY Fu�d�hdd by t.ender at the time of ecquidtion or sale as�ctrdit�aioat t6e q�au�xv�d by
<br /> t6is Sacudty Imtnuxat. ,
<br /> 3.A�p�YaMio�of'P�yw�afs.llnla�s�pplicable I�w providea othcrwise,All paymenut roaived by Leader imder pat�,�
<br /> 1 �od 2 stWl De applied: Mt,a au�'PreWYm�t c�a due w�drr tLe Note; iecond�to+awuau pay�bk undor p�ryry�6 Z�
<br /> third,to intdpt dur,touM.to Ptiacip�l due: �od LMt�.W ny IM,e cl�ar�ei due utder tbe Note.
<br /> 4.CIW�er I.ler.BorroMer t�hW pty all tua, sukssmeatx�cbuSa�tina�nd impodtione�i�1`►��e
<br /> avbic� m4'�tain P��S'ovrx thir Seautty Imtruaeat,nd kauhold paymaus or jc�ouod ra�u, if any.Bortv�v�er shal�pq �
<br /> t�ae obi�pitio�u jn tbe m�onet providod in 2. a if not d in tbat maouer.Burrower ay,�ll
<br /> P�Y t�m oa dme directly
<br /> P+d
<br /> to the pe=soe awed paymeat. Borrorver thW pium�ptly tiumisb w LeMa ul notica of�a�ounts to be paid ua�da tbL par�raph.
<br /> If Bocm�ver rtt�kes thae payments dicecctly�8orrow►a ahall promptly fumiah w La�der rxeipts evideacio�tde p�ymenti,
<br /> Borrower thall P�'�P�IY�t��!'liea which h�t prior�ty over thit Securiry Ia�trumet�t uolea So�rotret: (t)aRc+aa in
<br /> writie�to[be paymeat of the obli�ation�ocured by U�e lia in a m�naer�aaptable to Laider:(b).contats in�ood f�ith tbe liea
<br /> bp, or dett�i�s uaia:t aifoioement of tGe liea in� kt�l P��Bs which in the La�der'a opiqion opec•a�e t4 prey� �
<br /> eofoiroeme�nt.of iln liea;a(c)xcura from the Iwlda of tbe lia��n��ati:fsctory to Leader subordic�tin�tt�►�p�
<br /> tbis Seauity iaantmeat. lf Leoder 4etermines th�t �ny prt of the Propaty u subJax to a liea which maY� P�dry over
<br /> this Savrity Inwumeat. Lender may aive Horm�ver�notke identifyia�the lien. Ebrrower shalt euufy tLe liea or take ooe a
<br /> more of tt�e�ction��et forth above within 10 day�of ILa �ivin�of notitx.
<br /> Foem�02� �l10
<br /> ��11fMElat�b.oi r.o.:.r� : •
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