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<br /> .. � all ts �it�t�s.
<br /> ` ' I�R WITg 811 improvementa aow�hese�R,er ese�od on the property. b this Security � .
<br /> All lacements aad sddition4 stial! aiso be oovered Y ;;_
<br /> � S�` �'�;;�..E• ' avv�
<br /> aow or heceafter a part,of tIte pmpertl►• �P `� ��
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<br /> , fIx[I1fCS • r_ ..a..�...�t�..i�tfiie�i1TjN tAStTUII3�[lI 85�C�P[OpCKy� a_s........w..r o�vF ' —
<br /> _, --�_. . �Tacuum�nc:Rii oi mcimcg�s•�•�•...•»..._— �ed of the est�e 6eretsY conveyec a�ins u��•s•�••.. ---
<br /> . e�- '- _ _,.
<br />-. : °. � $4}RROWER COV'ENAPTt'S thai Borrower is lawfiilty of record. Bormwer�rurrants and will �°4.."�',
<br /> -.^_'. and that the Prnperty is uneacwnberecl.except far ene�unbranoes reoord. , 4.`..,�`�
<br /> ` •n' '.., oonvey the PropertY t a!1 claims and demands,subject to any enevmbmnces of
<br />_ ,. .��4. � defend generally tiie title to the Propecty aSai�u '
<br /> - --- -- . 'IZiES SECURITY'INSTRLiMF.N7'comti�wiiform coveaants for national use and rtog-uniform coveuaats arlth limited -
<br /> � nt covering reai pmperry. ".
<br /> �`� . ' variasions by jurisdiction to oonsdtute a uaiform sacnrity instrume .
<br /> � ` UNffORM COVENANTS.Sorrower and Lguder covenant and agree as fo�llo Borrower shali pmmptty pay whea due the ��-� -
<br />°• `�. 1.�ayment o f�P�a a d I n t e+e s s;Pt�PeJ►ment and Late C1�aeg , w
<br /> � ' :=�.�',,� ,f I�. pr�ncipal of and interesc an ihe debt evidenc�d by the Note and anY P�Y�t and late charges dus un d e r t he N a t e. - -
<br /> Botmwer sball pay to � "'`,
<br /> ' ' (�� 2.Fands for Tases antl Insurance.SubjecE ta applicab�l tke I�tote s pa�d in fWl�a sum(°�Fusids°)for.(a)Ye�1Y�es +� ,'�
<br /> � `' Leader on thc day montbly PaYmenis�d��r��ote. � leasehold a ents "�- r
<br /> . `c"R. rion over this Secusity i��ni as a lien on the PropertY:(b)Y Y P Ym � :__ �-
<br /> . and assessments which�aY�P �tY ���p�miums;(d)Ye�Y�ood insurance pm,mium�, _ ��
<br /> ? =:y ` or gronnd rents an the Property,if aay:(c)Ye�IY h��°T�� able b Borrower to i.eatder,ib atxoldance witb. .�
<br /> , •if�ny;(e)YearZY�nSaSe msniance Pna�nms,if anY;aad(�anY swns I�Y Y -
<br /> �- ' �-.�.t• h 8,in liea of the paymeat of mortgage insurance Preadums.'These items are called"Bsccav�►.Items." � ,_ _
<br /> '��-�� ; the Provisions ofpa�agrap �-_.�--�
<br /> , `.:,,';,. :. . Lender may.at any time,collect and hold Funds���t utnder the federal Real uEstate Settlement�Prafcednres AC�t of _.--i
<br /> . . „ •: ' ce2ated mortgage loan may require for Boaower � „ lces to the Funds �::-_:_
<br /> .•. uWess another law thaz app� ,
<br /> ,. , .�` 1974 as amend�d from time to dme. 12 U.S.C. Sedioa 2601 et seq. ( RFSPA ), -
<br /> .� . � -
<br /> �: .,....,�:.<,���.�. ' srts a lesser amo�m�If so. Leadar may.at any time,,coilect and hoid Fnnds in an amount�ot to exceed enditures of�futnre
<br /> e lsasis of current data and reasanabte estimates af exp . �^
<br /> ' Lender may esdmate t6e aunount of Funds due on th .. _
<br /> �+ `' gscraw Items ar otherwise ia accatdance with applicable law.
<br /> . �; 4;` The Fnnds shall be held'in an instituuoa whose deposits are insured by a federat agencS+. instnuneatality, or entity . ��_�1 �'
<br /> -,.;�<".'�"�'��:;;." (inclu8ing Len�er.if Lender is sach aa is�stitution)or in any Federal Horae Laat►Bank.Lender shal!aPP�the escrow atsconn or x=x.
<br /> ." ,�.;.„� �K,;�,, 1 " the Fnnds,annuaUY analY�nS �;_�_
<br /> - .,:xf::�.;`';.:•�:.,,�.-,. � gscrow Items.Leader may not charge 8orro�ver for hotding and aPP Y�& �,, ,
<br /> m
<br /> , `.� ,:,": ' ve the Fscrow Itsms,onless Le�er pays Borrower interest an the Funds and applicable!aw permits Lender to make sarh . _
<br /> �Y�S e for an independent real escate tax reportin&service ��
<br /> � ' a c�atge.HoweverL Lsader may teiNire�orrower to pay a one-time cbarg .�_
<br /> m
<br /> � ' � used by Leader in rnnnection with tlris toan, tudess aPPlicable law pmvides otherwise.'Uniess an agreement is made or. ���}.
<br /> �,,; �� . � to Borrower any interest ar eamings on the Fun�s-
<br /> k:- � ,. applicable law mNir�s internsc w he paid.I.eador sha11 not be re9uired PaY �v_
<br /> . Borrower and Lender may agee u►wriang,however.tbat interest shall be paid on the Funds.Lender shall g►��f r whicb each � �
<br /> �without charge,an annual acconming of the Funds.showing credits and debits to the Funds and the PutP ��en� ��w�
<br />•�`..� ' �•';� debit to the Fisnds was made.'i�e Funds ara ptedged as additional secunty foY psums secured b�y��isshall�acco,unt W Borroc�-er . �,.
<br /> . ` i<;,�� • .
<br /> f.„ � If the Fus�Gs heid by L,ender exc�ed the amounts Permitted to be 6eld b a licable aw, �r-
<br /> f4 '•� . .` � for tbc excess Futtds in accordance with the reclturements of applicable law.If the amount of the�.mds held hy Lender at�ray a-.�-
<br /> �,. ,.�,.,.'�;`.° • e -..
<br /> •t;�':` time is not sUfficient to pay the Fscrow Itams when dae,Lender may so aofify Bonower in writing.and.in sucH case Bor[ower :
<br /> ��._.
<br /> .....__.- . shall pay to I�ender the amounE n�sa�3►t°�up�e deficiency.Borrov+er sliall make ap the deficiency in no more tbaa �-`V�-
<br /> twelve monthlg payments,at Lender's sole discre,tion. _..
<br /> �.y,�• , �. ' U on payment in fuli of all sums s�by this Security i�-�vment, I.ender shall pro�dy refund w Boaower any . �=-4-y'_�.
<br /> :: . P b 21.�r sLall acyuirc ar sell the Proper�y.l.ender,prior to the acquisition or sale t-: -:;
<br /> - . .. ::.';�,',"�, Funds held by L.ender.If,under paragraP .
<br /> :r �� ••�� of the PropertY.shalt aPP�Y�Y F�heid by I.ender at the timc of acquisition ot sale as a cred'at against the Sums ser�re�by . _.y -
<br /> ��:`� �. � � ents recei��by L,ender under paragraPhs =::.-.�
<br /> �.: . � this Secnrity instr�men[. licable!aw provides otherwise,a11 paym ---
<br />-'-'� � ' 3.App°.c�atton of Payment�.Unless apP� second„to amo�.�paYable wnder para�raph 2; . �--_:..
<br /> �� - . • • 1 and 2 sha11�,applied: first.to any pr=payment charges due ander the Note; . --.
<br /> �::�_
<br /> :,€.
<br /> ;i �� � , . . �third,to.interest due;faurth,to principal due:and last,w any late charges due under�the Note. ��
<br /> r fines and impositions amibutable to the'Propeat�!
<br /> 4.�rg¢s;Liens. Borrower shall pay all taxes,assessme�►u, ��'S�• nts or und rents.if azry. Bonower shall pay ��.+;;,,..
<br /> _�� , � . which may atta�n priqrity over thia Securiry InsWment. and leasehold payme gro C�
<br /> e..ii<e
<br />;;: ... '. these obligations in the manr►er pravided in para�raph 2.or if nat paid�a ttiat manner•B°rr°wer shall pay them on time d1�ct1Y
<br /> - - . to the person owed payment.�omower shall pmmptlysh�mis�to Yn�m h totLender receipts evf 3enc�ng the payme u���h•
<br /> • . . dire�I ,Borrower Q �P ;n �y—
<br /> � If Borcower makes these payments y =
<br /> � Bonower shall promptly discharge any lien which has prioriry over this Security Instrument unless Borrower:(a?agrees � -...,
<br /> ' , . . : writin�ta the payment oY the obiigation secured by the lien in a mana gr W�h in1 the l.ender'sbopinnon toperate tof ptrevemlthe : _
<br /> ;�' ' ' by. or defends against enforcement of the lien in. tegal praceed� g �
<br /> , � . .. enforcement of the lien;or��nder determines thn 1 any part of the Pr P rtY�tgubjectto a I e which ayrattain prioriry eyer � ,
<br /> • • th�s Security Instrument. If
<br /> �` ' this Secudty Instrument.l,ender may give Borrower a notice identifying the lien.Bonower shall satisfy the lien or take��-or.
<br /> ' • �., riwre of the actions set forth above within 10 days of the giving of notice. ppm,�028 9l80 '
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