,::,r�
<br /> . �: , . . . ,. � -- � _.. _- ----------
<br /> - --
<br /> .... . . ��..—�-..:.:�:.�-..�...-_.
<br /> _ f - -------- _
<br /> 'I�OGkTHER WITH Wl tho improvement�now un c�rcaClcr eroctod on �hc Prc�pertY.and�Il ea�nd�� ip��
<br /> fixwres now w heresfter e piut of�ha property.AU replacernenu and�cWidor►a shall also Uc covered by thb Security In�lrumenG
<br /> All af the foregoin�!s nfcrred w in this Socurity(nstrument As Ihc'Aropaiy."
<br /> BdRitOWER COVENAM'S Iluu Barower is luwfully uiied of Ihe estete hucby conveyed and hae the right W grnt and
<br /> convcy the Prope,rty and thu 1he Projxrty is unukumberod, cxcept for eocumbranccs of rocord. Borrower w�rrnts and will
<br /> defend QakraAy the titie w tho Propetty�ainst all cl�imi�nd dem�,wbjocc to any cncumbrmccs of roc;ooQ.
<br /> 'fHIS 5ECURITY INSTRUNQ3NT combines unifcxm covenanta fcx n�tionai use and nan•uniform covcrunW with limited
<br /> varialio�u by jur:idiction a�co+►stiwk a uniform eocurity insnument covcring ral property,
<br /> UNIPURM COVFNAM'S.Bomower atd L,d�der covclunt�nd s�ree�s foUows:
<br /> 1.Panaewt o�Priseipal�ad I�ten�t�PreWra�at�ad l.ate Cbarya. Borrower shall promP�Y P�Y when due !he
<br /> princip�l of ancf inear.st an the debt evider�ced by the Ncxe axi anY P�Yment�nd lau:char�ea due wider the No1c.
<br /> 2.Fred�far Truca�ad Inwr�lree. SubJoct W �ppliCabk law or to e writtcn wauvu by Ler�der, Borrowa shW pty to
<br /> I.e�xfa an the day monthlY WY��are due unda�he Note.unlll the Note is pRid in full,a sum("Fw�ds")for:(a)Y�Y�d
<br /> s+nd usesunents whirh may W1�in prlority ova U►is So�;urity Inatruma�t ai a liai on tho�perty:(b)Yqr1Y k,a�ctwid Aaytnans
<br /> or Bround rents an the Property,if any:(t)Y�Y��a P�nY insurmce prcmiumr.(d)Ycar�Y tlood�prcxnlums.if
<br /> a�Y�(�) Y�IY�B�Bo inaurance pemiumse�if any;and(�anY�+PRYabk by�omower w Leixler�in�ccordmce wi�h tbe
<br /> provisiona of pra�nph 8. in lieu of the psymcrU of mort�age insur�ncc promiuma.These itans �re c�llod "6�p�w I1ans."
<br /> I.enck.r rru�y.at�ny time,colbct�nd hold FSmds in�n Anwunt not to e�cood the mauimum�rcwunt a ler�der for�fodaally reJMed
<br /> mortgage lan may roquire far Borrower's qaow aocount ur�der ihe fulast Real E�ute Seulanent P�+ooedures Act of 1974 a�
<br /> ame+�ded fiom time b time. 12 U.S.C.Saction 26(f 1 et seq. ("RESPA"),unk,ss K�other law that�ppties po the Fw�dy sds a kaser
<br /> amoun� If so,l.er�der nuy.�t�ny time.colkct and hoW Fw�ds in an arnount no[w exc�ed U� kasar�nouA�I.en�ier may
<br /> e�tirtnle 1he amount of Funds due on the basis of cument d�la and re�uon�bk estimatea of eacpa�diwc�p of fupm Escmwr Items a
<br /> othenvise in�ccord�noe�vith�pplicabk L�w.
<br /> 'Ibe FuMs shW be hefd in�n Luntution whox depoaits are inaurod by a fedsrat�ga�cy�instruma�tality,ar entjtY(incpidini
<br /> I.end�a�. if Lender is such an instiwtion)�x in�ny Fecler�l Home Lam Bmk.l.uxler shall apQly tbe Funds w pay�he HuooM
<br /> It�an:.I.ender may not clurge Borrowa far boiding�nd applying the Fund�,annuaUy wlyuna the aaoM a�ount,er veri[yin�
<br /> �he Bsc�vw Iians.unLas L.a�der paya Borrower imaaa on the Funds�nd applic�bk law pamiu I�der b m�ke sud��dar�a
<br /> Howeva,L�endar iruy requue BanaMa eo p�y a onc-timc chuge for an independent ral eewe tax reportins�ervioe uyed by
<br /> L,ender in oonneclioa w�itb thia 1an�uakss�pplicable law pcovic{es odiawix.Unka�m�grom�eat is m�de ar�ptiqbb I�w�
<br /> roquiros iolar,st to be pid, I.eoda�hall not ba required to pay Bamwa my inlarst or qrnia�s on the Fw�. Baro�e��ad
<br /> I.a�der m�y a�oe in writieg.how�eva.thu mle�c�t sS�lt be paid on the Funds.Lenckr�tWl give b Baro�er�witfwut clMree,�a
<br /> +rWiirii�a ine Fiaids,�bo�aeaia and ciei►Ils�d�e Fwld��nd the pu[pae[qr w�hiCb eld�debit b the P�ndt�vaf
<br /> n�tle.11�e�ds aro piod�ed s�dditioo�l security far all suma securod by d�fs Seauity Irao�unxat
<br /> If tbe P�u�held by La�der wcoeod 1be arnounn pnmipod to be heW by applicabie b�.v,L,a�der a1W1 aoawnt q Borrowror fa
<br /> the oaasf Funas ia�ccadanoe wlth tbe requi�a��enn of applicable la�.If d�e amo�nt of thC Fund�beld by l,e�der at�ny tim�i�
<br /> not mifFiciat b p�y d�e F.xaro�I�ans wbea d�e.I.a�da may so notify Bartower in wri6ng��nd,in auch c�ua Borro�er dWl p�7
<br /> b I.EOdO�d1e �IllOUnt t10oGt�lry b mvc0 up Ihe deClCidlCy. BO[1+olvet l�lill mi�ce up d1C dCf'�CidlCy in n0 ulof�e d!b t1VE1v�C °.
<br /> ��f��111EfIfE.�L.C71�1'��C d1�C[Ct10i1.
<br /> upou p�yma�c in cuu of�u sums sxurnd by th;s securicy Indruma,�c.a�da stwu panptly retund a s«,owror�ny Puodr
<br /> hck!by La�dei.If,unde p�rynph 21�I,eodK�hW�cquire or�e11 the Prop�a�ty.I.ender,P�'�b��� a wb d We
<br /> A�opaty,�Il�ppiy any Fund�beld by I.etider at d�e tirne of aoq�isition ar�le a�a credit�rt tbe�ua�ncurod by d�
<br /> SecuMy I�rotruma��
<br /> 3.A�ntba d Pa� :Ir:r:..�,N�:,:.`,w Lw providea�;J�aMix.all payma�ts recdved by L,aoder nndet p�a,p�
<br /> I and 2 sbW be appliod:Cu�t,to�ny P�txY���Y�due wider the No1e;�000�wi,to amouou pYabie uoder pryr�pY 2:
<br /> thied.b iakrat due;lourth.b Pcincipd due:�ud 1aa,W aay W�e clurc�a due unda dn Nota
<br /> 4.Cbsr�es;Lie�s. Bonawa�hW p�y �Il auces. axsomans.d�r�ea. fma and imposiriaas amrib�ub�b a die F�ope�ty
<br /> which may�qaiu priority ova thit 5ec�uity ins�ruma►�and k,�ndiold p�yraa�n a po�md rarn.i[any.aarrnwar dWl pnr�ye�a
<br /> oble�tions in the m�nner povided in pangroph 2.or if not paid in tt�t tmnner,Barm�r•tbW p�y them oa mae dieqly b d�e `,
<br /> Aax�n ow�ed payn�en� Bacrowrx sfuiU P�PUY [umish w I.en�ier all notioes of amounp b be pid�mder tb�t prapapt, xf• .
<br /> Banrowa m�kd d�de P�Y��Y,Bocroaa afull Proc►!PdY[umi�h a I.endar rooeipts evida�die prymena.
<br /> � garoMer slau panptly diuhr�e aor lian wn;ch ru�prioricy ora d�;a securicy Insaumarc w�B«�a: W+ip�ea in
<br /> writir►g to the pyment af the obli�atia��ocua�d by the lia�in a m�nna acapt�ble fo Lender;(b)oorMeets in*ood hilh dia tieo
<br /> by, a defendt �drut enfo�ana�t of Ihe lia� in, k�al Pi'ocadiaW wAich ia tt� Ler�da's opinious opQalis b p�ev�ent We
<br /> entacemau of the lien: ot(c)secucr�firom the ialder of tt�lien�u�oement s�afaciaey to I�a►de:wbo�lay d�e liea�n
<br /> this Sau�iry Irutruma�t I[I.ender ddamine,t dat any p�rt of the Propaty is wbjoct a a liea whidr mty anpn priorih ov�ac dJ�s
<br /> SocuritY Instruma�t,I�ender nuy give Barro�ra a noticY idauitying the lia�.Barowa shall a�fy the lia�a Wco oae or more
<br /> of the�ctia�a set farth atwve withln 10 dayt ai the giving of notice.
<br /> Forw�Ot� NN
<br /> �-�N(NE)��t��>.o� rq•:oi� i�nwr.�_--
<br /> _ _ _ _
<br />
|