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....., . �-----�- :, .n.._ _. ---__...�.....�— ._ „ ... . �- . . .�y--� --- --• `,._,c - - �.�,:�...=-- - - - - --- --- — TO(3BTHEIt WITI�all the improvements now or hereafter e�ected on the praperty,an�all ease IeQ�a��e�i"ances,and tlxtures now or hereafter a part of the property. All replaamente and additians shap also be covered by this Security Inctrumcnt.All af the faregoing is referred to in this Sn;urity Instrumcnt as the"Praperty." BnRROWER COVBNANTS that i3orrawer is lawfully seised of the estate hereby convcycd:�nd has the right to gr:�nt und convcy the Property and th4t the Prap�cry is unencumbered. except for encumbruncss of recard. Bc�rrowcr wurcants und will defersd generally the tttle to the Propeny against all cldms and demunds.Fubject ta any encumbrances of record. THIS SECUR.TY INSTRUMENT combines uniform eovenarns for national use und non-uniform covenants with limited _ vxriadons by jurisdiction to constitute a uniform socudty instrument wvering rcal property. UNIFORM COVENANTS.Borcower und Lender covenant end agra as follows: 1. Paymtnt of Pr[ncipal �nd Inttrest; Prtp�yment and Iate Chnrgts. Borrower sh�ll prumpdy pay when due thc principal of and interest on thc dcbt evldenced by the Note and aay prepayment and lau charges due under the Note. 2, �nds[or Taxea And Insurnnce. Subject to upplicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day monthly payments are due under the Note,undl the Notc is pald in full.a sum("Funds")for:(a)yeariy texes end assessments which may attain prlority over this Saurity Instrument as a lien on ttie Pmperty;(b)YearlY leasehold payments or grnund rents on the Property.lf any; (c)yearly ha7arci or property insurance pramiums;(d)yearly flood insurance premiums. if any: (e)yearly mortgage Insut�nce pnmiums,if any:and(fl any aums payable by Borrower to I.ender, in accordance witb the provlsions of paragraph B. in liw of the paymcnt of mortgage insurunce pnmiums.These items are callod "Escrow Items." Lender may. at any time, collect arKi hold Punds in an amount nat to exoeed the rnaximum amount a lend�r for a federally relatod mortgage laan may requlre for Bonower's escrow account under the federal Real Estate Settlement Proc;edures Act of 1974 as acnended from t�me to t�me. 12 U.S.C.Secdon 2601 et seq.("RFSPA"),umless another law that applies to the Funds sets a laser art�ount. If so, Lcnder may, at any tlme, collect azd hold Funds in an amount not to exsad che lesscr amount. Ler�ier mxy�.ctimate the amount of Punds due on the basis of curnnt data aad reasonable cstimates of expenditures of future Fscrow Items or otherwise in accordanct with applicable law. The Funds shall be held in an institutIon whose deposits an insurod by s federal agency. Instrumentality, or entity (in;.luding Leader.if Lerxler Is such an institution)ar in any Federal Home L.oan Bank.Lender shall apply the Funds to pay the Escrow Items.I.�nder mAy not charge Borrower for lalding and applying the Funds, annually anatyz(ng the escrow account,or verifying the Escrow Items,unless Lender pays Bonower interest on the Funds end appUcable taw permits I.ender to make such a charge. However.Lender muy aquic+e Borrower to pay a one-time charge fbr an independent[eal estate tax reporting servia usod by Lender in oonnection wlth this loan. unless appllcable law provides other�rtse. Unless an agroement ls made or applicable law requires interest to l�e paid.Lender shall not be roquircd to pay Borrower any interest or eamings on the Funds. Borrower and Lendar may agc+ee in wrlting.however,that interest ahall be paid on the Funds. Lender shtll give to Bormwer, without charge. an annw�i a000unting of the Funds,ahowing crodiu and debits tu the Funds and the purpose for which ach debit to the Funds wes made.The Funds are plodged as additional security for all sums secured by this Security Instrument. If the Funds held by I.ender exceod the amounts permitted to be held by epplicable law,L.ender shall account to Horrower for the exoesa Fun�is in accordanoe with the roquirements of applicablo law. If the amount of the Funds held by I.ender at any time is not sufficient to pay the Escrow Items when due.Lendar may so ratify Borrower in writing,and,in such c�se Bormwer slWl pay to Lencler the wnount nxessary to awke up the deficlency. Borrower sl�all make up the deficienc,y in no more thaa twdvo monthly pAyments.at Lender's sola discrctian. Upon payment in full of dl swnc secuned by this Socuriry Instrument,Lender stwll promptly eefund to Borrower�ny Punds held by I.a�der.tf.under puagraph 21, I.�nder shall acquice or sell the Prop�rty,Lender,prior ta the acqui�ition a sale . of the Pcqx�ty,shall�pply any Funds held by Lender at the time of acquisition or sale as a ctndit against the wms secured by this Security Instrument. 3.A�ppikstbn a[PaymeMa.Unless applicable law provides othenvise.alt payments roceived by Lender under parag�tu 1 aid 2 stWl be appliod: first. W any prepnyment ch�rges due under the Notr;sccond,to�nounts payable under p�cagr�ph 2; third,to i�due:fourth,to principal due:and last,to ar►y I�te clurges due under the Notc. . 4.Ch�t�a;I.iem. Borrower afall pay all wces. assessmetits.charges.fines end imposition.c�attributabk w the Proppty which may atuin priority over this Securiry�nsuument, u�d leasehold psyments or ground nents, if any.Borrower shalt pay thde obliguiona in the manner pmvided in p�ragraph 2.or if not p�id in that mAnner.Borrnwer sl�all pay them on Gme dlroctly to the pccron owod payment.Borrowa shall prompdy fu�nish to Lrader�II nodces of Lnounts w be paid under this paragnp6. If Eorrower melces ttKSe payments directly,Borrower shall promptly furnish to i.�nder roaipts evider�cing the peymrnts. Horrower r�hali promptlY dischargc an}�li�n which has priority over this Security Insttument unlas Borrowa:(r)agroes in writing to the payment of the obligation soniced by the lien in a manner saceix�b7e to Lender; (b)contescs in good faith the lien by. or defer�ds against enforc;anent of the lien in.legal proceeciings which in the I.ender's opinion operate to pr�evad the enforcemrnt of the lirn;or(c)secures from the tiolder of the lien an agroema►t satlsfxwry to Lender subordinuin�the lien to this Socuriry Inu�vment. If Lendar determines that any part of the Property is subjoct lo a lien which msy atwin priority over this Socurity Instcument, Lender may give Bormwer a notice identifying the lien.Bvrrower shA1{satisfy the lien or take one or more of the actions set forth above within 10 days af the giving of notice. Form 802d YI�O P.�s or e � • ,--;.b;v�-: . 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