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�� <br /> ....._.. . .. .... .... .. <br /> � ♦ � • <br /> 'POCi&THBR WI'�'H �II Ihe improvanents now or hercallcr ercclod on tho �� �i.�V` <br /> �xwra e�aw on c�rah�x� Qf Ua P�P�Y��nd �ll cnemcau�Mpurlerv.nces��nd <br /> I�t p�oportY.All repl�cemcnu�r�d�ddllbns shall�lso bo c:avcrcd by IhL Socurity InstrumenG <br /> All of tho fore;oin�i�roferted to in U�Is Security Instrumcnt�f tho"Prc�crty," <br /> BORROWER COYBNANTS �h�t Barowtr ls I�wfully�ei�ed of 1ho e�tptc hercby conveyed and hu the ri�ht to�t and <br /> convsY tho Ptq�ortY �nd th�t the pro�erty is un�cumb�od� except for encum!►ranc�a of recoM.Bonower wur�nu tnd will <br /> ckfend�erMr�lly tho dt{e to the!'ropatY�g�lnRt�II elnimi end�femands,subJect to nny encumbr�ncec of rocord, - <br /> THIS SECURITY INS'['ItUMENT combinca uniFortn cpven�n� for n�tip��l ux�nd non•u�ifam coverwib with limit�od <br /> vari�tions bY lurlxlktlo�to consUwle�uniform�ocurity in�trumcnt covering rc.�l pro�erty, <br /> UNIPORM COVENAM'S.Bormwa�nd l,en�iu covcnant md ogrx ut(olbws: <br /> 1.Pa�aeat ot FrM�cip�l and I�tereqp Prepaymeat aad I.�te CharRa. Bormwcr shall P�PaY WY when due the <br /> principl of and interest on the dobt evide�ncal by tha Note end anY Prep�yment And late charges dua unda 1he Note. <br /> 2,Fu�ds far Tuq�nd Iwu�ue. 5ubjxt W applicablo law or to A writters waiver by LaiQct, Borrowu shaU pay to <br /> L.end�i on the d�y monthlY P�Ymenu are due under thc Noue�until the NWc 1s ptid!n full,p sum("Funda")[a:(�)yarly tue� <br /> snd aax.s,�nents which may Wain prioriry over this Sa:urity Insuument u a lien on the PropertY: (b)Yr�r1y kasehold p�yma�� <br /> or ground rents on th�Propaty�if any:(c)Year�Y hazud or property insurance premiums:(d)yarly Ilood insuranco prenuums.if <br /> a�Y�(�)Y��Y�B�Se insw�ance premiums.if any;and(�anY s�P�Y��o by Barrower to Laber�in�cccxdmoe wi�h the <br /> provisior.a of�gr�ph 8, in liw of the payrt�t of mcxtgage inswanca premluma. 'I'hae ilan��re calkd "8raow Itana." <br /> La�der m�y,st�ny time.coUect and hold Funda in an amount not ta excoed the muimum anounl a k�ckx far a fedaally relMed — <br /> rrwrtB�Be lan rtu�y roqui►e far Borrower's exrow account undcr thc federal Real Estwt�S�Wunent procedua,q AC�of 1974 a� <br /> ama�ded from titnC to timc,l2 U.S.C.Soction 26p1 el seq. ("RL�SPA"),unk�enott�et!aw that�pplies b the Fund�sW a let�er <br /> sr:toun� If so. Le+�der may�u any wn��cc>lloct and hold Funds in an amount not W eaco�ed tho k,a�a anwu��I.ender tnay <br /> estimal�e tlro amount of Punds duc on Ihe buis of curnnt data and reasonabk estlmates of expuidiwrq of[uwre Eecrow Iromt a <br /> othawiee in�ccoM�urce with�ppticable law. <br /> The Fuuds shW be held in an in�itution whose dc.posits are insuced by a foderal agency�instrurna�Wity,or enqty(includia8 <br /> i.+cnder,if I,axlcr i�such m inatiWdon)a in �ny Ttdertl Homc Lc�an Bank. Lcndet shaJ!apply the Fwtida W poy the F.�c�uw <br /> , Items.I.end�may not chargo Borrower for holding and applyang the Ftmda,annually wlyzin�tho acxow account,or vaifyina <br /> tF�e Esaow Item�� unkss L.u►der payt Barower interest on thc�unds and applic�bk law pamiae L.aw1a Do rtuke auch a cbar�e. <br /> Howeva> 1.aMa may roquire Honrnver to pey e ane•time charge for a► u�dependmt real�tc tu reporting savice wed by <br /> L�eawier in connation with thla b�a��unla�appGcabk law providcs cxherwix.Unkss in�greanent u m�de ar�pplicabk law <br /> roquirea inlxeat W be Dnid,I.ender slull not be cnquired m n�y R�xmwrr,MY ir.t�r..�t ot tsr^�SSr. �s�„-,w::s.^c.,����,�; <br /> ,Irender msy e�rx in w;iting,howeva,thu interest stwll be paic!cm tt�e Fund�.7.ender ahW�ive to Borrawa,wl;thout chr�e.�u <br /> ..,'�nrna1�ccounting of the Fw�ds,showing aedin�nd debita to the Funds und iho purpose fa which ach debit to the Fw�ds wiu <br /> made.'It�e Fund�are pledged as�clditional eecurity for�l sums sxurcd by thia Secutity Instrum�t, <br /> If the�u�ds held by l,e�tder eaccaed the unaints pamiuod to bC#�etd bY+�Plicabk law.Laukr slull naxnmr u,n�.+...�..F�. <br /> �.�w►�FwMir in+K:c;cxdanoc wiin�ne requur,menu of applicabk l�w.If the�mount of the Funds hdd by I,.eaider�t any timeme u <br /> uot wfficieot b p�y the ExmM Item�w(nen due�I.u�dcr may so notify Bamwer in�vridng,�nd,fn�urh aac 9orroNer�W pay . <br /> • t� I,ender d�e anwuat nooetpuy to meice up the deC�ciency. Aorrowa �ll rtuke up the deE'�c.iaicy in no more thaa twe,�ve <br /> �Y P�n.st Lencici'i sob ctbaetion. <br /> Upon pYmart in fuU of�U eum�rocured by Utia Socutity It�.tttumatt.La►der shW I�PVY�w�d b Borroaa aoy Fuadt <br /> held by Lrawbr.If� �ndo�'p�ngraph 21. I.ender shall�cquiro or xll the PropertY,L�eader.pricx b drc acq�idtion or stle of tbe <br /> PnopatY� shdt �ppiy any Fund: hetd by I,ender at the tirne of ecqulsidon or sele As a crodit api�t tbe wras socurod by d�is <br /> SeauitY In�trummt. , <br /> 3.A�tio�of Pay�rats. Unkas y�plic�bk�tw provide,t othawise,atl paymaid�ocGived by L�er�der under p�h� <br /> I and 2,tWl be�pplbd: fuat, oo any p�yrr�c clur�es due unda�the IVac:�ecab.lo rnounts pay�bk under pra��ph 2; <br /> third.b inlaest due:fourth.oo principl due;u�d la�t,w aay late ch�rgd due unda the Note. <br /> 4.Crsr�eai Liee�. Ba�rowa sh�U qy all laxes.'�sfcsema�p� chu8es�Cma and imposidons Mtribut�blt�w Ihe Propdty <br /> which may�priority ova this Sauriry tnsavmau,end k�ehold p�yrt�a�t�a grcwnd rents,if any.Bartowa sM�U p�y d�ae <br /> obli�xi�ona in tfie m�ner pmvided in p�ra�rsph 2,ar if not p�id in dyt nwinet.Bacrower thali pay dran on timeme direcdy�o.'.dte <br /> Pe�on owad payma�t Bonowa sh�il P�P�Y furniah to I.aWec all notioa of�mounv oo bo ppd unda d�is If <br /> Bcxmaer m�kes theae P�Ymatts dirocUy�Barowa sh�11 P�PUY furni�h w La�da raxtpn evidencin6 the p�ymen�h� <br /> Bormwa ahdl P�P�Y�B�any lia�which has priority ovu this Security Inatrurt�t unku Boaowe�:(i) agroq�in <br /> writing b die payment of tha obligacion securod by the lien in s manrkr socepcqbk a La�da;(b)vauats!n goaf fiith die�1itn • ' <br /> by, ar defa►ds �ainat enfarcema�t of ihe lia� in. k6a1 PcoceedieBs which in the l�encler's opinbn oper�le lo pn,watt tfie <br /> enforcanent of the liar or(c)socura irom the holdu�f the liai an rgc+oement setissficwry oo I.�enda wbocdinu�ng tl�e llei�'o0 <br /> this Security Instrumait If I.endst del�mines thu any part of the Piopaty is subjoct W e lia�whkh may�qain priaity ova d�4 <br /> Securiry inshument,L,endex nuy give Bormwer�notice identifying the Gen.Bomowu slwll auisfy tAe lia�or plce one a mone <br /> of the aabns sct tath abave within 10 days of the givtng of notice, <br /> For�i0l� l/f0 <br /> ��R(NE►��t�e�.o� n.y.t oi e inxrw:_.. <br /> _ - - _ <br /> - <br /> - __ _ __ <br />