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<br /> � 9$_ �so�ss
<br /> TQGBTNER WITH�11�he improvemenu naW os hert�Rer erected on the property,and all easernents, appuncnances, and
<br /> 6xture� naw or hercafter � put of the prope�Yy, All replacementy and additions sh�ll also be covered by this Securi�y
<br /> Innmmcnt. Afl ot the forc�oirt�i�rofercod to in thi�Saurity Inurumtnt n�the 'Propany,"
<br /> BORROWBR COVBNAiVT5 th,u Banrower i�lawfaliy sel�ed of the est�to hereby conveyed and has thc right ta grant and
<br /> com'eY the Prcmerty �ne!th�t the Pmpeny 1� unencurnbered, except for encumbrances of cecord. Borrower wArrant� and will
<br /> defend grner�lly Ihe title to the Propeny ogsinn alid�imi and dem�ndi,QubJect to any encumbrances of record.
<br /> THIS SBCURITY INSTRUMBNT combine�un�totm coven�nu far n�tionAi use and non-uniform covenante with limited
<br /> va�riWlons by,�u�isdictian to conitftute�unlfarm scYUrity Instrument covering real property.
<br />- UNIFOftM COVENANTS. Borrovuer and l.erder coven�r�t uM�gree u follows:
<br /> �. PRyment of Princip�l �nd Intere�t; Pa�ep�y�nent wnd I,ate Char�a+. Borcower ehall promptly pay whcn due the
<br /> principal of and intercst an the debt cvidencat by t1�Note and any prtpt�yment and latc chargcs duc undcr the Note.
<br /> 2. �ndr for T�xea�nd I�xur�nca SubJoct�o appliable 1aw or to a written waiver by I.onder, Borrowcr sh�ll p�y to
<br /> I.ender on the day monthly p�ymenta ue duc underiho Note,until the IVote is paiJ!n full,a sum("Funds")for: (a)yearly taxes
<br /> uid ustasments which may attain priori►y over this Socurity Instrument aa a licn on the Pro�xrty;(b)ycarly leasehold payments
<br /> or grr�und etimee on thc Properry, if any;(c)yeuly huard or property insurance premiucn�;(d)yearly flood insurance prcmiums,
<br /> if any; (e)yearly mortgage inaurance promiums, ifu�y;and(�any suma payable by Borrower to I.ender, in accordu�ce with
<br /> the provi�ions of puagraph 8, in lieu of tha payrtxm af mongage insurance premiums. These items are called "Escrow Ittma."
<br /> I..eider may, xt any dme, collect �nd hold Funds in an amount not to exceed the maximum amount a lender for a federally
<br /> rcl�tad mortgage lonn may require for Borrower's acrow accoura under tha federal Real Estate Scttlom�nt Procedures Act of
<br /> 1974 ss unended from tlme to time, 12 U.S.C.Seaion 2601 et s�q. ("RFSPA"), unlesa another IAw th�t�ppliea to the Funds
<br /> �ets�lascr unount. If ao, Lerxkr may,u any iime. collect and hold Fuads in an amount not to excad the laser amount.
<br /> L�der tray e,ctimate the amoum of Funds due on the ba�is of current data and reasonable estimatc�of expenditures of future
<br /> Sscrow Itecm or otherwiee in�cxordance with�pplic�ble I�w.
<br /> 'Che Funda shalt be held in an institution whose deposits ar�e insured by a fcder�l �gency, instnimentality. or entity
<br /> (includin�I.ender,if Lender is such an inuitution)a isi�ny Federal Home Loan Builc. Lencfer ehall tpply the Futds to pay the
<br /> ; Pfc�ow ltema• L.aidor may not chuge Borrower forholding uid�pplyir.g the Funds,annually analyzing the eacmw account, or
<br /> � veri(yinj the Escrow Ite�,unless Lander paya Bormwa inter�st on the Punds and applicabae law permita i.ender to make such
<br /> a clurgG.Howcvcr, Lender m�y requin Borrower a pay a one-time chuge for an indctxndent reai atate tax rqwning aervice
<br /> uied by Lender ia cortnection with this loan, unkss applicable law provid�a otherwise. Unless m agreanent i� in�de or
<br /> appliabk�aw tequiea interett to be paW,L.cnder slull oot be nquired to pay Borrower any intereat or carnings on thc Funds.
<br /> Horrmver�nd l.mder may a�ree in writing, h�nweva, thu interest shill be paid on the Funds. I.ender shall give to Borrower,
<br /> witbout charje, m annual aocounting of tbe Funds,�owing credita�nd debita to the Fundy and ttK purpose. for which each
<br /> � debit to tee Fw�ds wu made.The Fund:ue pledgad u �dditional saurity for all sums secured by this Socuriry Inateuma�t.
<br /> � If the Funds beld by L.ender exceed the amounu pecmitled to be held by applicabls law, Lender shall aocouat to Borrower
<br /> for�he exoeu FuUds in aaurdu�ce with the requinmenu of�pplic.�ble I�w. if the amounc of the Funds held by L.wder u any
<br /> time h na suf�rcieat ta pay the Eacrow Itea�s when due,Lender may yo notify gormwer in writing, and.in�uch caie Horrower
<br /> ihall pay to Lender the amount neceasary to m�k�up the defic9cncy. Borrowe�ah�ll mnke up ihe deficirnry in no more than
<br /> ►welve monthlY payments,u I.a�der't sole discraion,
<br /> . Upon paymeat ia fj�ll of tll wau �ecured by thi�Secuclty Instrument, I:ender shall promptly retund to Bomower�ny '.
<br /> Fund�bdd by L,enda.If,wder pan�gr�ph 21. l,eisdcr sMl! �cquiro a aell tha Prnperty, I�ender.prior to the�cquisitioa a sale �.
<br /> ' of'the Propaty, �6=l1�pply any Fwds held by Ler�r �the time of xyuiaiHori or sale as a cn�dit agdnat tl�e auira socured by
<br /> this Sxarity Instrument. �
<br /> J. wPP�1��pMrmerts.Unleu�pplicablc law providea othuwi�,all p�ymaits raxived by L,ender under piragraph�
<br /> I ad 2 �ha116e�pplied: ficst. to anY Pap�yment e�aga due uader the Nae; axond, to amount�payable under p�ra�ih 2;
<br /> third�to interat due: fou�th,w pcincipal due;and l�a,to eny lau charga due under the Note.
<br /> /. CW=es;Lkr. Bonuwer shall p�y a!t ta�a, aucsamems. charges. fina and imposftiont attribuuble to[he Propaty
<br /> whsch m�y atuia priority over this SeFUrity Inarum�nt,u�d leasetwld payroents or growid renq, if�ny. Borrower ihill p�y
<br /> tbeseobli�on�in the cn�nner providM in paraan�p62. a if not paid in that manner.Borcower ah�ll pry them on time diroWy
<br /> w t1�e penon o�ved prymrnt. 8orrower ah�l!prompUr fumlah to Lender all noticxs of amouna ta be p�id wwkr thu para�r�p�a. ,
<br /> It Barower m�kes thae paycuenta directly,Bormwershall pmmpdy fumish to L�ender receipts evldenctn�ths payipwt:. -
<br /> Borrowa stWl promptly diuhu�e�y lien wbidt t�u prioriry over this Securiry Icutruma�t a►leu Borrowa:(�)a�rees ia
<br /> writi�to tbe payman of the obliption socurad by tk 1 ien in a�er aoceptabte to Lenda:(b)contests in jood futh the lien
<br /> by, a defa�d� ,��inst enforoement of the liea in.kg�l prooeediqgs Mhich in the Lendor'a opinioa opernte w pceveat the
<br /> eafo�ament of the lien;or(c)aecurea fro�the Iwider af the libn ae agi�eement sitisfactory to L�ender subo�+dinating s!x lien to
<br /> this Security l�auroent. If L.ender determines thu rry put of the Pcope�ty is sUbJect to a lirn which may atain prioriry over
<br /> thls Sxtarity Inttrument, [,ender may give Bomower�naioe ideatlfying the lien. Borrower shsll satitfy the lien or take ons or
<br /> mon of the actians sct forth above within]0 days of ide glving of notia.
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<br /> �aos� s�so
<br /> ��NtfNEI aiii�.o: � �•w�a� u+uiw:
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