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<br /> 98� �`1i4463
<br /> TOOLTHER WITH �ll the improvements�ww or hereaftcr erectod�n the pmpeny, �nd�II euert►erne, �ppunen�nces, and
<br /> Cxtures now or hercafter � part af the prcMeny, All replacementa �nd additiona shall AISO bt covmrcd by this Srcurity
<br /> Iruaument, Atl of the forc�aina I�ro[erred to in thl�5ecurity insaument�u�he"Property,"
<br /> BORROWER COV�NANTS thK 8orrower I�lawtully sei�d of thc e��ate hercby conveyed�nd h�.�ihe ri�ht to gr�nt�nd
<br /> ronvey the Prqxny and th�t the Property ii u�xncumberod, exapt for encumbru�cea oP roconl,Borrower wurants xnd wU(
<br /> detrnd�enerally the lille to the Pn�erty yain�t all cl�lrt�uid drmu�di,�ubJect to�ny encumbrancese of record.
<br /> THIS SECURITY iNSTRUM�NT combine�uniform cavenu�t�for ruition�l ux u►d non-unlform covenania wlth Umitod
<br /> v�rietioru by jurl�dictfon to coru►Utute�unifarm eecurity in�trument coverin�rc�l propeny.
<br /> UNIFORM COVkNANTS.l�ormwcr end I.endGr sovcnant and arrcc as follows:
<br /> 1. P�YmeM of P�incipd �pd IMerat; Prep�yment �nd I.�ie Clwrsw. Borrowcr �h�ll promptly pay when duc the
<br /> princip�l ot and lntercst on�he dcbt evidenced by the Nae�nd u►y prepeymrnt u►d I�tr ch+�r�os due under�he Notc.
<br /> �. �nde tor T�xa�ad Imurance. Subjat to �pplic�ble I�w or to�w�itten w�iver by Lend�r, &,rrower sh�ll p�y to
<br /> Lender on the d�y monthly p�yments are due under the Note,until the Notc is p�id in fuli,a sum('Funda`)fnr: (�)yeuly uuce:
<br /> uid�cxaarn�nts whlch may�ttain priority over thi�Socurity Inatrumcnt�s a lien on the Property; (b) ye�rly IeaseAold p�yments
<br /> ur g�ound ront:on the Property,if any;(c)yearly h�xard or property ituuruxe pnmiums;(d)yeuly floaci in.guran�;C premiunu,
<br /> if my; (e)yeuly mort��e insuruue premiums, if any; and(��ny sums p�y�b�e by Borrower to Lender, in accorctu�ce with
<br /> the provisions of puagmph 8, in Ileu of�he payment of mottgage Inaunr�ce premiums. These items�ue called "Etcrow Items.•
<br /> Lender rruy, at �ny time, collect ac�d hoid Funda in m�mount not to excead the m�ucimum amount� lender for �federally
<br /> reiated mortgage loan may rcquire for Borrower's escrow �ccount under the federal Real Est�te Settlemrnt Pro�edurca Act of
<br /> 1974 aa amended from time co time, 12 U.5.C. Sation 2601 et stq. ("RESPA"),unless�nother I�w thu�pplia to Ihe Funds
<br /> sets� lea�er amount. If so, I.ender mxy, at u►y dme. collcet and hold Punds in an am�unt not to caoeed the leuer arriount.
<br /> I,erider may cstimate tl:e amount of Funds due on the bASis of current dAta u�d �eawn�bl�estim�a of exprnditures of future
<br /> Facrow Items or otherwiu in sccordance with�pplicable law.
<br /> 7'he Funds shali be held in an institudan whoae depos3ts uo insuced by e feder�l agency, ina�rumentality. or entity
<br /> (including Lender,if I..endor is such�n institution)or in any Federil Home Loan Bu�k. Lender sh�li apply Ihe Funds to p�y the
<br /> } E:crow Items. I.ender mAy not chuge Borrower for holding�nd applying the Funds, �nnually arWyzing the escrow accoum, or
<br /> . verifyIn`the Escrow items.unless Lender pays Borrower intectst on the�iu�ds and applicable Iaw persnits Lender to m�ke such
<br /> a cTiuge. However, L�ender may requin Borrower to pry a one-time ct!uge for an independent re�l�stue tu cepottin�urvice
<br /> • usad.by I,ender in coiu�ectioa with thia loan. unless �pplicable IYw provides utherwiae. UNea� wn agroement ia msde or
<br /> appBcabk 1�w �equjres intecrst to be p�ld, Lender ahall not be requlra!to pay Borrower any fnterat or eami�gs on tbe Funds.
<br /> Borrower�d I.ender may�,grce in writing, however. thu interest shall be paid on the Funda. I�:nder shall give to Borrower,
<br /> witbout chuge. in�nnwl accounting of the Funds, showin�crodiu aanid debits to the Fw�da u�d tbe purpose for which each
<br /> deblt to the Funds was m�le:ThP F��►l..�,�gi���s.::.3�itiau�l:�;,.:.-i�y���,;,sw;�sccured by ihis 3ecuriry in:auraa�t.
<br /> t '..,lf the Funda held by t.�Mer eacad the urwunts pertnitted to be held by appllcuble law, I,eader ah�ll �ccouat to Bnrrower
<br /> :for'the exQess �wids in�coordance witr tf�e requi;�menta of�pplic�ble law. If�he amount of the Funds held by I.ender at�r►y
<br /> tiinr i�nbt ou�ficknt w p�y the F,�crow Ite�ru when due,L,ender sn�y so notity Borrower in writing,uid,in wch cse porrower
<br /> •.phall pay to I.ender the �mount neopsary to malce up the deficiency. Borrower shall malce up the deficiency in no m�re than
<br /> twelve monthly p�ymrnts,at Lender's sole disc�etioa,
<br /> Upoa(►aYroenc in tult of all sums secured by this Security Inatrumcnt, Lender shall promply refund to 8orrower�ny
<br /> 'Fundi txld by I.ender. If,'w�der p�ragraph 21,L,ender shall acquin or sell the Property, Lender, prior tu the�cquiiitiop or ale
<br /> of the Property, sh�l1 �pply any Funda held by Lender u the time of acquisitinn or sale�a credit t�ainu the cum��ecurod by
<br /> thit Secudty Instrwnent.
<br /> 3. Applicadoe of iyiymp�ts.Unlesa applicable law providaa olherwise,�Il paymmts rxeived by I.rnder under p�,r�r�phs
<br /> 1 md 2 eh�ll be�ppliod:flrst, to�tY P�WY�t�$t's doe under the Note; second, to amounts piyable w�der para�r�ph 2;
<br /> third,to interest due; fo�uth,to principal due;and lut, to eny lue chusges due under the Note.
<br /> 4. Ch�� Borrower shall pay�ll taxa, issessmrnta,chu�e�, fina ind impoaitions utributable to the propeety
<br /> �i� �S' ��ef thia Securiry Instrument, uM leasehold p�.yments or groucd nats. If any. porrower �h�ll psY
<br /> thae obli�dons in tbe cnu�rxr provide�in pu�gnph 2.or if not p�id in that mumn, gumower shall paY tbsm on time directly
<br /> ��tp L�IC(JCn00 pM�Ed�Yi111.M1I. Borrower�hall prompdy fwnish to Lcoder�Il notias of uraunts to bepaid undcr thi�Pangr�ph•
<br /> If Borrower maka these p�yma�ts directly.liorrower sh�ll promptly furnish to L�a�der recxipts evideocing the payments,
<br /> Borrower sh�ll promptly di�edargr my lien which hu priority wer this Securiry Inswmn►t unlas Aarrower: p) aaroex ia
<br /> writin�to the pAypknt cf the obliguion xcurod by the lirn in a m�ni�r�cxpttble to I.rnder;(b)000tcau in good futh t6e Hea
<br /> by, or defeads ag�iast enforoement of tLe lien in, leg�l proceedings which in the I.ender's opiniai operu� to yrevent t6e
<br /> eaforcement of the lien; or(c)srcura from the holder of tbe lien an agrxment ssti�f�ctory to Lender subordinatins the liem ta
<br /> this Security Instrump�t. lf I.ender determinea thu any put af the property ia subject to a liea�yhich maY utain pdoriry aver �
<br /> this Security inauumpn. Lender nuy give Borrower�cwtix idenatying the lien. Borrowtr 3h�11 s�Nafy the lirn or take one or
<br /> more of tde utiona aet foM abnve within 10 dpys of the giving of notice.
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<br /> �-A111HE)nz�a�.o: P,a z oe�
<br /> Fom�302t s/i0
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