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V4f� y. �$�s+ .�' T- 2 <br /> _ `^+�. `4 �-. . �` , .j �4�'.a.4i . t <`4 . � .Sy4.. .k �-�t .'4• S. � <br /> :Q ` <br />' �. .�i� • �.�� <br />_ �t tti ' • . � ' �� ����o� < <br /> ^ ,.--.-t'� TaGETHER WiTH a!1 the impmv�ents now ot hereafter etected oa tEte pmpeaty.and all ease�ents.appurtenances.and <br /> �`,f.:� � t�atares naw or h�reafter a part of;the Property. N1 replacements end additions st,all atso be oovered 6y thig Secntity <br /> ,,' .-�•.�`,�� "� Instttu�sem.AIl of the forego'�is t+eferred to in this Settsrity Insttumetu as tt�°Property" <br />.�;,; ,. .�Y •z .;."a B�}RROWER COVENANTS thaat Borrower is luwfally seised of the estate hereby conveyeQ and has the right to grant aad <br /> - �,� �� oonvey the Propeny aad thac tRe Property is unencutnbered.exc�pt for encambmnces_of rec�rd. Bomawer warrants end will <br /> . . . . defend�enera.tly the tide to the ProFertY against alt ctaims and demands.subject to aay encumbrances of recotd. � ° <br /> `. 4 . , T1HI$3ECURTSY 1NSTRUMENf wmbiaes u�iform covenanLS for natioaai use au�noa-uniform wvenants with timited �, � <br /> `,' .`���� variatIoas by jurisdic�ion[o constitute a uhiform secucity iastnunent coveri reai rn . <br /> � P �Y• <br /> _ �,�° UNIFORM CUYENANTS.Borrawer and Lender covenant and a�ree as fottows: . = <br /> . ' i. I�gacaat of Priadpai snd�teresl: Prepay�ent and Cate C6acges. Borrower shaU pmmptiY PaY wheu d¢e the _ <br /> - `� prinsipal of aad'utterest on the deTot�evidenoed by ttee Nate and a�fy pre�ayment and tate charges due�nder the Note. � �`� <br /> � . ' �4��� 2.Foads for Taxes artd Iasvraaee.Subject to agplicable law or to a wriuea waiv�r by Lender.Borrower shaU gay to ;�`._'. <br /> ��;•'' ��:. � ���: L�nder on the day montWY F�Yn�ents are due under t6e Note.until the Note is paid in fiill,a swm E"Funds")for:�(a�Year1Y taxes ��" <br /> - and assQSSmenis w(�ch may attain priority aver this Security Instrument as a tiea on the Prapet�ty;(6)yc�Iy leasebold paymerrts . ` `- <br /> , M • ::�: �or rents on We Pro ��:�,` <br /> .,. : t�.'`• � 8mund PertY•if any;(c)Yearly 6a�d or pmperty instsr�nce pre�ums;td}yearly floud insurnnce ptem�ioms. <br /> ";. ,. : ,. <br /> ` . ,'`. .•`'� '. if any; (e)Ygar1Y mbrtgag�insutance�remiums,if any; and(fl anY sums Payable by Bortower to Lender.in a000rdance with �s'••`" <br /> _ - ` � the provisions of paragcaph 8.ui lieu of.the paymeat of martgage insuraace premiums.These items are cailed"Esctsow Itams." ` <br />_ .`,,.c, <br /> � ..�.. Lender may,at any time, collecc and hold Funds in an amoant not w exceed the rna»mum aiqaunt a leader for a fe¢era�ly <br /> • , .. y ` ' relat�d mortgage foaa may require for Hortower's escraw accu�t tmder tiie federal Real fistate Settlement Fr�edure,s ftct of , � �t_ <br />., .. . ..�' �,:„ • 1974 as atnendal.from time to ti�e.12 U.S.C.Seqion 2601 et seq. ("RFSPA°?,un2e�s annther taw that applies ta the Fvads ���.. <br /> • ' sets a lesser amount.If so*Lender may.at any time.collect and hold Fands in an atnount nat to exceed the lesses aznnuat. � <br /> • � Lender may estimate the amonnt of Funds dne an tt�ee basis of cvrrent data and reasoaabie estimates of expend'stures of fuau� �'-:�. <br /> � b ' Escrow Items or othetwise'in accordance arith appIicabte law. .. . _ . � '" <br /> `" ' The Funds shall be held in an institution whose deposits are insum,d try a federal agency. instrutnentality, or enuty � , <br /> .. - , . • {inclnding Iander,if I�ader is such an institution)or in any Federal Hume Loan Bank.Lender shall apply the Fudds to pay the �":,; <br /> " "; . :�� �;• , L�scraw Itans.I.ender may not charge Bonower far hoiding and aPPjY�ffi the Fiutds,annually anaiyz(ng the escrow�aaount.or �.:.>,:_ <br /> - . :�:.�.�� verifying the Fscrow Items,.�mless I.ender pays Borrower interest on the Fwids and appltcable Iaw permits Lender to make snch �6�'`:. <br /> ��, � a cl�arge.However.Leader may require Botrower to pay a one-time charge for an ifldependent reaf estate tax repo�ing service <br /> ;•,.. <br /> . used�by Lender in oonnectEon with tbis loan, uutess applicable law pmvides ottsernise. Unle� an agneement.i�made or f'.- <br /> `" - . ' agpIicabte!aw reqaires interest to be pa�d.txnder.shaU not 6e reynimd to pay Eorrawer any interest or earnings on the Funds. , — <br /> $'' " ` Barrawer and I.ender may agrce in writing,however.that intere.si shall 6e paid on th,°.Funds.I.ender shall give to Boirower, �= - <br />,�..`-''.,�`. .., .� without c & $ PurP �,- <br /> . .. :� harge. an amibal accawnin of the Funds,showin credits and debits to the Funds and ti�e use for which eacb <br /> �.. . '. • �, : <br /> :, . . . - debit to the Funds was made.The Funds are ptedged as addidonal security for all sums secured by this Secauity Insttument. <br /> , ; • . "� If the Fuads held by l.ender eaceed the amounts pemritted to be held by applicable law.Lender sfiatl account to Borrower �' :-. <br /> •�';f;��,,.,,:: �.��k for tHe exccss Funds ita accaMance with the requizemenu of appSicable law.If•the amouat of the Funds held by Lender at any ' �_,-; <br /> ' � � .��•= time is aat su�cter�t to pay the Escrow Items when due,Leadee�ay so notify Borrower in cvritinII,and,in suc6 case Borrower 4; � _ <br /> �, .'.. .. . ..-';l. <br /> �. ; � shall pay to Lender the amount necessary to make up the deficlency. Borrower shall make up the def�ciency in ao more than �- <br /> �:_:_= <br /> .. .. twelve monthly payments.at L.ender's sole discretion. � `' <br /> � — -�" 'Upon payment in fulI.of alt sums seaued by this Sewr�tiy_Instrument, Lender sha11 promptly refund to Borrowet acry <br /> � ' . ' Funds held by.Lender.Tf.u�er paragraph 21,Lender shall acq-.ura or sell We Property,Lender:prior to the acquisition or sale ' <br /> �� <br /> � ,• � � �" , + of the Property.shall apply airy Fu�ds heid by Lender at the 6me of acquisition or sale as a credit against the sums secured by �_- <br /> � � ; ihis Security InstmmecL. ' • � , <br /> '�'' • • � r 3.AppIIcatlon o�ELaytnents.Unless applirabte law provides otherwise.all payments received by I.ender under paragaphs � �,�' <br /> � �� `. �•,,�`�j:� 1 and 2 shall be applied:first.to any prepayment charges due under the Note;second.to amaunts payable under paragraph 2: �-= <br /> u�.'' � :'��', •; : third,to ynieiest due;fourth.to p�scig�l due:and last,to any.3ate chazges dve nnder the Note. — . <br /> '� � �" � 4.Churges;Ltens.Borrower shal!pay all taxes.assessmenis.c6Hrges,fines and impositions amibutable to the Praperty �='. <br /> � � ' � ' }��� whlch�may attain priority oyer thig Securlty Insuumeat,and leasehold payments or ground renu.if any.Borrower shall Qay e�_�� <br /> 2 �,: ; these obligations in the manner provided in paragraph 2.or if not paid in that maru�er.Boaower shall pay ahem on time directly � <br /> 'i: ' ` to the peison owed payment.Borrower shall prompity fumish ta Lender ali not�cr.�of araounts ro be pald under this paragraph. <br /> `�, '_� .;,••,-' �, � � � If Borcower malces these payments direcRly.Borrower sha11 prompdy fumish to Lender teceipts evidencing the paymenb. � <br /> ' �„t;��r�•::.: = Bonower shali promptly disri�;�any lien which has pr'or3ry over this Secndty inshument untess Bvrrower.(a)agrees in <br /> � ' � wridng to the payment of the obligation secured by the lien in a manner acceptabie to I.ender;(b)contests in good faith the lien . - <br /> � by,or defends against enforcement of the lien i�, legal praceedings which in the I.ender's opinicn��erate to prevent the <br /> . , � . � enforcement of the lien;or(c)secures from the Loldet of the lien an agreement satisfuctory ta Lender subordinating the Ilen to , <br /> u',' �� � this Security Instn�ment. 1f Lender determines that any part of the Property is subject to a lien which m�y attain pr�arity over � <br /> ' ; this Security Instrumer�t.Lender may give Borrower a noticc identifying the lien.Borro�wr shall satisfy the lien or eaice one or � <br /> +� . � •• more of the actions set forth a6ove within 10 da}s of the giving of notice. • <br /> J... 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