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<br /> ;.,Ft;�',�':'f: •:•�.° 7'Ot�ETHER WITH all the im�rovements now or he�ereaed on the pruperty,and all easements. apPurte,oanoes.and ` �-:W'.
<br /> ,.`��� ,:� fnmues now.or 1terEattee a part of the pmpexty. All r�placementa an�additions shall also be cove�+ed by this Secarity `� ��.
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<br />�:;;:�;�,<. ;�,;. �r,:;;.:. InsM�meat.All of ihe fon�o3ng is ceferted W ia th3s Security In �ment��'prpp�y.' <<, ,.
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<br /> . q�,� -'�+a:,`�. SORROWER.�lYENANTS tbat Boxmwer is lawfiilly seiseB of the estate�ereby cuaveyed and has the rigttt to gcam aud s°
<br /> - � �.�`.`� canvey the Pmpary and tbat the Proge�cy is unenc.umb�e�1,,excePt for enaimbrmmces of�ecord. Boirowec warraau aad a�l �
<br /> .''`'':'�` .'�`�:``�,�. defiead generaiIy ti�titte to the Fropen�+against all clainos and demaads,subjea to any enaimbr�oes of�N. `�::`�
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<br /> . �-`�s�`<_ =�-� ' THIS SECiJRi1'Y tNSTR1JMEDTI'aombinea uniform oov�aats for natianal use aad naa-aniform cavenants witb limited � _
<br /> ' ;s' '—"';>�-�. vaztauoss Oy�misdiction to ooastitute a�mifotm seauity insuwnent c�overing real ptopetty. �-.�-
<br /> �.�;;,��' : ,;_. UNitFURM COVENANTS.Bormwet and Lender oovea�ant and agree ag fallows: :`�.
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<br /> .'��� �� "�'�{��`�.' Y. Peyme.ni oY Pdnctpal end Inte� PrePa9m�d and Late C6a�ges. Borrower shall PmmPd3► PaY when due the �:,�°;
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<br /> +� � �l�Q3�Of ffifl�iCfe$l0it t�1P./�t BiITd?�bji th2 NOiC������2IgCS�C riR�Ct t}tC�OT,2. t:;'
<br /> -=-�R�r�. Z.Ftm�s fos Taae�aad Insu�ance. Snbject ta applicable law or w a wcitt�waiver by I,endec,Bomower shall pay to �'F
<br />=° .�:>,`«�� i�der on the daY��Y P�are due ander�he Note.uaW the Note is paid in fuU.a sum("Funds'?far.(a)yearly tax�.w :�s�'�
<br /> '' ' aad ass�ts wh�d�may ausu►priority ovar tbis Security Inso�umeut as a tien an the Pmperty;(b)Yeaz1Y leasehold paysnents �-.'v°,
<br /> '--�r.::�v,`�°�. _ �.'.�' or grouad teats on ths Pmpeacy.if aay;(a)Y�Y��or P�P�Y��Ps�s:(d)Y�rctY 8aod insarance preminms, - � =`-
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<br /> ` _`�'-''':°:.:`=� ��;:a if aay:{e)Y�Y moitgage inwranoe� if any:aad(fl�Y�P�le by Boaower w L�der. in axordance with �. .�•�
<br /> - :�_;r�� the provisions of paragtaph 8.in liea of the paym�t of mortgagti Ins�uaace piemiams.These items are catled•Bss�ow items.• .
<br /> _ :.:`�.'°::<`.:;.y�:���; l.euder may, at a�►time, wlled and hald Fuada in an amount not w eaceed the ma�dmum awoaat a 1e�Wer for a fede�aIIy ':`:
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<br /> f�?��. cetated moztgage toan may reqoue far Bormwet's esscrow a000ant under the federal Real Fsiate S�tleuteat Piace�ne.a Act of ,...
<br /> ;`�'x"��:;...:a`:,•;:=:,,�.� I474 aa smehded from time�n ume, 12 U.S.C.Secdon 2601 et seq.('RESPA'}�untess amaab�ex law[hat applies ta the F�ds -=�.;,;i
<br /> -°'� f�°"�-.°z�;"� sets a tesser mnoumt_U so,Lsnder may. �t any dme, wllect aad hoM Fonds ia an amouet uot to excee�the tesse�r amount. -
<br /> ` '';��"'::' =;�� I.eader may estimate the amuunt of Funds due oa tlte Hasis of c�t data and teasonab2e esNmates of eapeadit�u�s of futuie
<br /> - �'.;:,' ,�_',:;::;. Fs�aw ite�or ot�erwise in a�xosdaace with appllcable laa►. • , =
<br /> �� ;`.;.. The Funds sbaU be held in an insthudon whose deposits are iaseued by a federal agency, insuumentality, or endry .
<br /> -:a�`f£<�,�-� (iacduding Landea.if Lendet is sach an instimtian)or ia azry Fede�al Home I�an Bank.Leader sbalt apply the F�ds to pay the `£,
<br /> '�-��::4 .�,:.�.:,.;., Y.,...... tbe mial the esccow accowu,at � �:�
<br /> �`al., � ESCtOAI.afi�+�.�.Lende�ar�Y not cl�ge Sotmaer for holding�cd aFP�S F�,�Y Y�S
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<br /> -.._.,.._.._,. ��.. verlfy�ag 1i�Fscmw Items.oniess Leader pays Barmwer i�ecest aa the Funds aud applicalt2e laa peimita L,Ender to�make sncb . "J:;m
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<br /> f, (. A C�B.�bWCVCf.I�DdCi Iq3ji L2QII�IC B01IOwCT W pBSf S�IIE-t�D16 Ch2TgC f0I 2�IIId�dqlt IC'�1 e3t8tC ta1C 1�OT[�$8811►I17C� � -
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<br /> � , " ` �.� as4d hy Lender Ia conn�don whh this Waa, uaiess applicable law pmvides othetwise. Untess aa agr+eement is made ar �.
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<br /> ...�_ ;�.,°'.:-:.'±,�.. applicabSe 18w teqnirea Iatere3E w 6e pafid,I�[der�stratt not 6e t�eqn�m ga�r Botmwer aay inter�aE at easnings on the'F+mds. . ,.:;_•
<br /> `` ``�` �Eormwer aad I.eader may agree ia wriang,however.tLat�nterese shari be paid an the Famds..Lender shall give to Bormwer. . � ".
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<br /> .,_., .,�,,��;:,,_� �ct�axge,an annuat aceoiintlag of the Fuads.�hovvtn$credits aad debits w t�e Funds.and the�nrpose for wbich eaeh . °_ -
<br /> �,r;�:�:��':,:,.: .,.,�.•. debit to the Ftinds was ipade.The Frmds are pledged as addit�onal s�utity fas aU smms seca�ed by tDia Secusity Instrumewt. �-
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<br /> , ` „� .- � If the Fands I�d 6q I�ader excee�the amounts permiaed to be hetd by applicabie law,I.ender shtt a�t to Bosiowes F
<br /> t -: � for t6e e�.ss Fnmds ia accordauce with We rag�inm�ts of appl�cable Iaw.if the amo�mt of the F�s 6eId Dy Ledder a[.aay '�-
<br /> ,�. .;... tian is aot s�cfaaa�.to pay tde Esaow Items whea dae,I.ender maq so a�Ey Bonower ia wrhing,anii,in sach case Bormwet � :_
<br /> .: 1 z_.� � st�aall PaY to Leades the amount ae�sary m m a k e up t he d e fi c ieacy.B a x mwer s h a l l�S c e up the defcI�r in no mare tlian. • .
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<br /> � • .p fi�,� t�se3ve mon�hly paynums,at Ge�der's sole discret�on. � � , �
<br /> �,`-.!. . .: ;!� � . 1T�n Payu�L fn full of at2 saras serueed.by tLis Securiry i�e, Lender abaU pmmptly�fimd to Bormwet a�r , �. _
<br /> �;.°s' Fnnds hetd Isy I�dar.tf.under paragcaph Zt.I.ender shail acqnire or seER,�P�opercy.I.ender,-PrIor to che aa�niahlon os sale � 5, .
<br /> :.�;;`�','���;?'`:�:��:�.��, ', oP t6e Pmperty,sbaU appIy aay Fuads hetd by I.eader at the tlme of aaq�on or sale as.a credit a�iast the sams sectued tiy _
<br /> _..�V:rt�:: `�;`;�'.:��,- tbis Se�uItY�• ' , . _-_.
<br /> :'''.' „�.� 3.ilppHcation of A�ymea4s.Ua�a aP➢l�cable law provtdes othetvvise,ail gayments�ereived by I.eader under par�gtapbs .
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<br /> -._.��: _>_..f..n� ��2 sball be applied:first,t�anY P�PaYme�t c�rgea due�mder the�Note;second,w amo�mts payable�mder'pata$raph�2:.
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<br /> ''4�>,,:n...'.-`: :�:" �Li�d�io IIIle�est�t0UlW.to prlucIpal dne:a,�d last,to aa�tate cha�ges due under the Note.
<br /> �'_�>--:.-;;;:;:��•, � � 4��C����,�.�gp�r�ovpr shaU pap,�' taxes.assessmen�.�,6ne,s aad�imposItloas=atMbata6le to the P�operty.
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<br /> - �.�,�F�;.:�._��.: whicb tAay attaia pelosIty over this Security�,stmment,an�d ieasehold�ym�ta or groand rents. if aay. Borrowet sbaU pay�
<br /> ����;,, :,.; � �- �e,ae obu�rtons�n�ne manaer�aav�ae��i paragr�,n 2,or if aot_paid in t�ac m�mer.Ba�wer ahaU paj+them aa time directty -
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<br /> � to tL�person owed paymen�8a�s�owet sLaD lsnomPt�Y fiu�to Leader a#�,aotices oY antoants to be pai0 amder this pazagraph. .,
<br /> ,�f�. , '. If Ban�o�rer makes t�ese paymenta direaly,Saai�wer shatt prQSUptty�to laader�ecelpts evtd�g tf�e paymeats. ,
<br /> - - :`: :;;.,,�;; -'_ � Bosmwes shall prampdy dischazge aay�u ahicd�Las priority orer.itt?a Seaurity InsTtumwt�mless Bo:ra�':ta)ageesln � _
<br /> �,;�;;.�. �. : wrttiag to the paymuent of tbe obligatian secaued by the tIen in a manneer accegtabte to L�nder:(b)cantais in good faitb the 13ea =
<br /> � -�"� '� , .:,�; � hy. or defends ag,aiast eqfom,ement oi the Uedu ia;legal p�gs wb3rh!n the L�enGcr's op�nion apeiaae w preveut tha . _
<br /> - ':�- '��:���. . enforcement of the l�;or tc>seaues from ttie holder of t�e iien an�ment satisPactory to Lender subondin�ting t8e licn,to -
<br /> . L; � tbis Seauitg Inst�ament. If l�nder determ�ues rgat aay Qa�rre of the i�rogexty ia subject io a lleit whtcb may anain paorlty wer =
<br /> r� � -- . tAia Securlty Tasteumeub Lender may give Baii�+er a notice identifyiAg dYe lien..8orrower shall satisfy the lien or take or�or �; � �-
<br /> ;:;;. more of the actions set fo:tb above aithia 10 days of the giviag of natice. . . . � _
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