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<br /> . 98- ii0a'�'8
<br /> TOGETHER WY'fH xll the improvemrnts now or hereafter erected on the property,and�ll easements,appurtrn�ncxs� �nd
<br /> f atures now or hereafter a put of the property. All replac�mrnts and �dditians shal: also be covered by thi� Sncurity
<br /> Instrument. All of the foregoing is roferced to in thls Security Instrument as[he "Propeny."
<br /> BORROWER COVBNANTS chtt Borrower is Iawfully seised of the estato bereby conveyM and hu the dght ta gru�t md
<br /> cony�y the propecty and thu the Property is unencumbered, except for encumbrances of record. Borrower wuru►ts uid will
<br /> defcnd gener�lly the title to tht Propecty against all clsdms and demands,subject to any cncumbranas of record.
<br /> THIS SECURITY INSTRUMENT combines uniiorm covenuits for national use and non-uniform covenutts with limital
<br /> variations by jurisdiction to constitute a uniform security instn►ment covering real property•
<br /> UNIFORM C4VENANTS.Bormwer u�d Lender covenant and agrx as follows: .. y�hen due the
<br /> 1. R�yroeat o[ Princlpd �nd Intemt; Preppyment and I,ate Chprga+. Bon'ower shall promptlY P�,
<br /> principal af�nd intereat on the d�bt evidenced by the Note and any prepayment and late charges due under the Nute.
<br /> 2. Funds [or Taxa�Qd Imuraace. Subjxt to�pplicable l�w or to a written waiver by Lender, Borrower shall pay to
<br /> i,ender on the day monthly payments are due under the Notc,until the Note is paid in full,a sum('Funds")for:(a)yearly tiues
<br /> aad�usessments which m�y actxin prioriry aver this Secu�iry InstnrmGnt as a lien on the Property; (t�)Yeu1Y leasehold p�ymencs
<br /> or ground rrnts on th�Properry,if any�(c)Yearly hwM or property insurance premivau:(d)Yeacly flood insurance premiums,
<br /> if my; (e)yearly martg�ge insuruK;e premiums, if any;and(� �ny sums payable by Borrower to Lender, in accordance with
<br /> the provisions of puagnipA 8�in lieu of the payment of mortgage insurance premiums.These items are called"Facrow iteme."
<br /> Lendec may, at any time, collect and hold Funds in an acnount not to excad the maaimum amount a lender for A fedenlly
<br /> related mortgxge loan may require for Borrower's escrow accouat under the federa! Real Estate Settlement Pracedures Act of
<br /> 1974 as unended from time to time, 12 U.S.C. Section 2601 et teq. ('RESPA"),unless another lAw that�ppliea to the FwWs
<br /> sets a lesser smount. If so, Lender m�y. ac az►y time, collxt and hold Fw►ds in an amount iat to excad the ltsser�mount•
<br /> i,a�ckr may atimue the�mount of Funds due on the basis of current data�nd reasonable estimates of expenditures of futuis
<br /> Fecmw Items or otherwise in accordarce with applicable law.
<br /> 71x Funds shall be held in an institt�tian whose deposits are insural by a fedaral agrncy, insuumentality, or entity
<br /> .•..i(ihcludiug I.ender.if L,endGr is such on iaititution)or�n any Feder�l Home Loan Bank.Lender shall apply the F unds ta pay the
<br /> Escrow Itedu.l.andar tn�y not charge Bai7a�+er for hlilding•md�pplying the Fiu�da.annua�ly�nalyzing the eacrow account,or
<br /> veritying the.Escrow Itcna.anleas 1ra�dPf Pays Borrower interest aa tha F�nds siqd applicable l�w permits L,eMer to m�ke�uclf
<br /> a cu,rge. Mowever� �r�Y n'4W� �nOwer to pay a one-time';chnrge foc�n independent re�1 est�te tu rt�ortin6 sen:!cs.`;.
<br /> uved by l.enikc 3n conneetion with chis ioan. unlas ap�licabk law provides..oth4rwise. Un1as au a8nan�t �s m�.'ar
<br /> aip�plic�bla lxw tequirt�5ntcrcat to be psdd,I.ender shall riot be required ta pay Aarrawer any iaurat or aimiriga.oi►t6e�iindf:'
<br /> Sar}�ower�md Y:ender may:agra in writin�,�bowe�rer,.thut lntera[atWl be paid.an the Fw�da. L,epder�hall give,fo Borrow�a�,
<br /> �.�:e��r r.har�e.an annual axow�tinR of lh� Fwads;ahCa��ng crodits tnd deblts to ihe Funds and thf PurFose;'f4�' �Mb1c1►eac3►,',
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<br /> ' deb�t to tbe�'unds waa m�de.The Fuadr ue plodaed aa�ddltiooal Kcurity for all s�tWS x�tea th,'ti}ix xi.'wn�X u(���..�,.;.;�.
<br /> If the Funds held by I.mder exoeed th�amounts�tnitted a be�held b�r ap�pd�Cable law,I.ender�1W!aoo�uur`to Botto,M�er.;.,�.
<br /> tor the eaoas Fundt in accordanoe with th�re9uirem�eata of wpplicable law. If tLe atnount of the Funds beW:�y i,�nda st iaY.'.
<br /> titne ii uot sufficient to p�y the Facrow Ite�whea due�Lender may io notify Borrower in writinj.+md.in a�cb c�e Bormrver
<br /> shall pay to Gender tLe�wunt neceseuY to mdce up the deCcia�cy. Borrower shall m�ke up tbe deficiafcy in no mote t6an
<br /> hvelv�monthlY WYma�ts�u L�der��sole diiccecion.
<br /> Upon paymeot in full o[�ll wm� �ecured bY this Secudry Ituuurneat. L�rnder�lull PrompdY nNad w Bormrver�nY
<br /> �undi beld by L.eader.If�under Par�r�h 21. Lender shall�cquire or�ell the Property�Laider.Initx w the+oquisitka or We
<br /> of tbe Propx�ty.�6a11�pply�ny Fuadi heW by Leader x the ciaoe oi aoqubicion a We��credit apioa t6e a�ms�ocured bY
<br /> thL 5ecurity L�ttumeat.
<br /> 3.Appi�atlow of hraeeM.Unleu�Qpliable I�w provida otl�wi�c.�11 paymetns received by La�da uades p�ra�nP�
<br /> 1 aod 2�MII be�pplied:fir�t. w a�'PreWYma�c�a due undr�the Nae:�a�ood�to�mounu p�y�ble aoda p�u'yraph Z:
<br /> t6ird.to iatereat due:tourth�to principal due:aad last.to aay late char�es due under tbe Note.
<br /> 4.C4r�es;I.far. Borrower�hall pay all tua.�aes�meats. charfa. fma aod impo�itioo�attributable w t6e P�ce�patr
<br /> qrhich mry attain priority over thl:Secutity In�uumeut. aod ledehold p�ymeacs or ground reau. if�ny. Borro�er shall psy
<br /> tbae obli�tioos ia the m�nner provided in puairtph 2�or if not paid ln that m�aner�Borrower s6�11 pay tbem an time dirxttY
<br /> w tbe person owed paymeat.Boaower ah�ll pmmptly fucnish to L.eader all notica of�rtaunts w be p�id undec this p�raSr�Qb.
<br /> if Borrower maka thae paymeats diroctly.Borrowa ah�lt pmmptl.y turni:h to L,eoder�coeipts evid�axin=the WYm�ts•
<br /> Borrower�tWl pmmptly d'uchuge�ny lien which haa prioriry over this 5xurity Lostmment uola�Borm�er:<a)aara+in
<br /> Mritic�to tbe�tymeat of tLe obligation�ecumd bY tl►e lien in a manner axeptable to I.ender:N)000testa in�ood faith tbe liea
<br /> by. or defeads a6�inst enforoeaxnt of the liea in, legal proaedings which in the Leeder': opinion op�aale w prevent tLe
<br /> wforament of tl�e lim;or(c)aecura frum the holder of tde lien an�grament�atisfadory to I�axler subo�din�tint th�lied to
<br /> this�ecuriry Inatniraait. If I.ender daernrina thu u►y Part of the Property is aubject to a lien which maY�aain Prioc1tY ova
<br /> this Securiry Iastnunent.Lender may give Borrower a notia idmtifying the lien. BACrower sha11 suisfy tLe liea or takc aoe a
<br /> more of the actions set forth above within 10 days of the giving of notia.
<br /> Fonn�/X1�0
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<br /> ��iIUNEI wxu�.o� �.a•�a s �_���
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