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<br /> ' TOGE'fHER WITH�11 the improvoments now or hercafter eratal on the property,and all easemenq, appunenu�ca. uid
<br /> fixtures now or h�rcaRcr a pan of ihe ,�ropeny. AU replxsments and additions shell also be covored by thi� Securiry
<br /> Jnstrument. All of lhe forcQoing ls referred to in thls Secur(ty Instrument as the "Prapeny."
<br /> BORRUWER COV�NANTS th�t Borrower is liwfully seised of the estate hc;;:5y conveyed and has thc right ta grant and
<br /> comry the Property uid thu the Property is unencumberod. txcept tor encumbrances of record. Burrower wananta and will
<br /> deta�d jener�lly the title to the Property�y�intt�Il cldm�u►d dem�ads,�ubject to�ny encumbranas of record.
<br /> TNiS SECURITY INSTRUMENT combines uniform covenunts for nitlonal use and non-unifarm covenants wi�h limited
<br /> �varluioru by juriadietian to eon�Uwto�unifonn�ocurity inatrument cc�vering raal properry,
<br /> UNIFORM COVENANTS.Horrower�nd I.ender cavenaat and agree�follows:
<br /> 1. PNy�pant o[Princlp�l �nd Intetr�h Prep�ymept �ed I.�te ChAr�es, Hormwer shall promptly pay wh�n due tlue
<br /> priacipa!of aM interat on rhe debt evldenced by the Note�nd my prep�yment and late chuges due�nder the Note.
<br /> 2. Fl�nde for T�xa�ad Imurance. Subjxt to applicable law or to �wdtt�n waiver by i.ender, Borrower shall pay to
<br /> L.ender on the day monthly p�yments are due under tho Note. untll the Note is paid in full,a sum("Furxls")fot: (a)yearly ta�ca
<br /> and�sscacments which may att�in priority over this Security Instni�nent as a lien on the Property; (b)ycarly lease2�old paymente
<br /> or ground rent�oa the Property,if any;(c)ycazly hazard or propeny insurance premiums;(d)yearly flood inxurance prom�ium�,
<br /> if any; (e)yeuly mortgage insurnnce pnmiums, if any; and (�nny sums payable by}3orrower to Lender, in accordance wi�h
<br /> the provisions of paragraph 8,in lieu of the payment of mortgage lnsurance premiums. Tttese items ue callod^Eacrow ltems,'
<br /> Lender m�y. u �ny tlme. collect and hold Funds in an antouat not to excad the maximum aznount a lender far a federally
<br /> rel�tod mortgage loaa may roquire for Borrowar's escrow sccwnt und=r the federat Real Estate Settlement Procedures Act uf
<br /> 1974�s �metdod from time io time, 12 U.S.C. Section 2601 N seq. (`R�.SPA"),unle�s an.other law that applies to the Fund� .
<br /> set��lesur amaunt. If so, I.�nder miy, u any time, col(ect wd hold �nds in an amount not to excad the leuer aroount
<br /> Laader m�y atimue tLe adwunt of Fuada due on the basis of current du��ad reasonable atimues of expenditurcs of futwe
<br /> Eacrow Item�or otharwise in�ccordance with dpplicable Ixw.
<br /> The Funds dull be held in an �natitution whose depoaiu are insurcd by a feder�l agency, lnsimmentaliry, or entity
<br /> (including L.ender,if I,ender is such an institution)ur in any Federal Home I.osm Bank. Lcnd�r shaq apply the Fundi to pay the '
<br /> . Escrow Items.[.eoder rnay not chu�e Harrower for holding and�pplying the Funds,u�nu�lly analyzing the acrow�ccount, a
<br /> verityln�tht Eacrow Item�,unlaa I.ender pays Borrower interat on the Funda and appHcxble law permits I.ender io m�ke:uch
<br /> �chuge.However, La�dcr m�y requin Borrower to pay a onatime churge fcr an independent real atate tu r:poeting arvia
<br /> used by L�eader in ponpaxioa with thl� loui, unlcu �pplicaMe 1iw pcovida othetwiae. Unleas mn a�t�eempot is m�de a
<br /> +�pplic�bte law requirea Interat to be p�id. L�rnder eh�ll�not be ra�ulred to pay Borrower aay intereat or e�rnln� op the Fuadi.
<br /> Bormwer�nd I,ender may agrx in vvrldng,however,that intercst �11 be peid on tbe�'uads. I,aber sh�ll �ive w F�orrowa,
<br /> wiiAOUi ciur�e, an rmwu �oaowuin�of tne�un�. �howing aouiu aM dabits to tAe Flmde md ttie putpae fot whlc�esc�h
<br /> debit to tbe Fundis Ma�made.'!'he FuM�u+e pledged w ddltlond secur�ry for�ll iuma aecuaed by tLL Securfty Insaumeat.
<br /> If tLe Fwids 6eld by I.eoder excoed tLe amounu permitted w be held;by�pplicabye law, Lpxier tdall aoca�nt w Borrowa
<br /> for t6e ea�oas Fti� in�ccorduKx�y�,tb the requimnanta of appllcable I�w. If the unount of t6e Funda held by I.tnder u any
<br /> tLne it not wtficieat w pay tbe F.�mw Itcrtu what due.L,ender may w notify Borrowa in writiog. �od', in such c�Bortower
<br /> ihall pay to La�der the amount moes�uy to m�ke up tLe defickacy. Bo�rower ahall miJce up the deficia�cy in no��noee than
<br /> twelve moathly paymmq, u I,p�der'�sole diicretion. . ,
<br /> Upoa payment in full of all tunu secured by thi� Securiry In�trumeat, L,et�der sh�ll pmmptly mfiwd to Boti+ewer airy
<br /> Fudt lrcW by Leacler.If, un4ier p�c�ruph 21,L,a�der ihall acqufre or ull We ,
<br /> ot tk Propaty� �hdl l �Y i.asder,prior to the aoquiatiop or ssle
<br /> �pp y iay Funds held by L.eMer u the time of�cquisitioa or eale�a ccrdit a��la�t the wm ta��ed by �,:
<br /> this,4ecurity Imtrumeat.
<br /> 3.Appifatio�d h�enb.Udea applicsble l�v provida o�erwf�e,�ll p�ymeau received by L,eader uudei patAjniphi
<br /> 1 amd 2 ahill be applied: fi�t� to�nY PnWYment char�a due imder the Note;seoond�.ta�moynts pry�ble under pu�s�gi�ph 2;
<br /> Ihit+d,to iatetmt due:foutth.to ptincipal due��nd 1t�tt�W aoy lato chr�ea due under tLe Note. �
<br /> 4. C6us�; I,leo�.Borrower thaA pay�11 taaea��waatnaus.chanq.fina aod in�cnitiau�ttdb�nable ta tdt Pcnperty
<br /> � � Mbicb m�y�tWn prioriry over thi� Secudty Inmumeat, aod 1erelwM p�ymaita or�rouyd reou� if ury. Boc�owcr'.'ahali P�Y
<br /> tliese o�li�tiom in the manner providrd in par�gr�ph 2,or if not pald in that mu�per,�otrower sh�ll pay tbem on ti�ie ditectly
<br /> to tbc penoa owod paymwt.Borrower shall pmmptly fumith to Lender�11 notica of amouau co be paid under this paryniph,
<br /> If Botrowu makes thpe p�yma�ts directly. Borrower shall prompdY turniah to L,er�der zeoeipti evidmcin�the ptynoaita.
<br /> � Bormae�r rhall pmniptly di:chuge my llen wdich du pdority over thia Security Insuum�at unleu Borro�►�ee: p)aj�oes in
<br /> , writin�to the prymeat of the obli�tion secured by the lien in a mruner aooeptiblo to Lender:(b)oontesta in Sooci filta tbe ilea
<br /> by. ar defeads �inat a�foroemeat of the liea in, 1e6� P��i� which in tbe I.cnder'a opinion opa�ate to provem t?u
<br /> eaforoemeat of the liw;or(c)�ecura ftom the hoidsr of the liea aa�reemeat sui�fsciory to I.eader suboidin�isu the 1ka w
<br /> dus'Securi�ty Inarument. If I,ender detamina that any put of tEe Piuperry�is�ubject to a lkn which may at4in prbrity over
<br /> tbls Sxurity Ineuumeat,Leackr m�y�lve Borrowu a notla Ideadfying tde liw. Borrower ihall s�tiefy the liea or Wce ooe or
<br /> �uor�e of the actinne�et forth above wichin 10 d�ys of d�e giviug of notioe.
<br /> ��iR�N4��2tZ.ot M�pr2ae F�702t N�0
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