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<br /> TOGETHER WIS'H all the improvements now or hereafter erxted on the property, and all easements, appurtenar.ces, ;u�d
<br /> Fixtures .iow on c�reafter a parf of thc property. All replacements and additions shall also bt covered by this Securiry
<br /> Inswment. All of tht[oregoing is referred to in this Securiry Instrument as the "Property."
<br /> BORROWER COVENANTS that Borrower is lawfully seised of tbe estate hereby conveyed and has tl,e right to grant and
<br /> convey thc Propeny and thai the Prope�ty is unencumberai, exapt for ancumbrances of record. Borrower wanants and will �
<br /> defend generally the tiQe to the Property against all cla�ims and demands, subject to any encumbrances of record.
<br /> -THIS SECURITl' 1NSTRUMENT combinrs uniform cuvenants for nationa! use and non-uniform covenants with limited
<br /> variations by jurisdiction to constiwtc a unifoim security instrument covering real property.
<br /> UNIFORM COVENANTS. Borrower and L.ender covenant and agree as follows:
<br /> 1. Pay�ment of Principal and Interest; Prepayment and L.ate ChargeS. Borrower shall promptly Fay when due the �
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. .�
<br /> 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by L.ender, Borrower shall pay to �
<br /> I,ender on the day monthly p�yments are due undcr the Note, until the Note is paid in full, a sum("Funds")for: (a)y�arly tauces
<br /> and assessments which may attain priority over this Security Instrument as a lien on the P►operty; (b)yearty leasehold payments �
<br /> or ground rents on the Property, if any; (c)yearly hazard or property insurance premiums; (d)y�arly ffood insurance premiums, Q
<br /> if any; (e) yeazly mortgage insurance premium,s, if any; and (� any su�ris payable by Borrower ta I,ender, in accordance with �� -
<br /> the provis�ons of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." � �
<br /> Lender may, at any time, collec! and �oId Funds in an amount not to exceed the maximum amount a lender for a federally (f�
<br /> related mortgage loan may require for Bormwer's escrow account under the federal Real Estate Sottlement Procedures Act of '
<br /> 1974 as amcnded from time to time, 12 U.S.C. Section 2601 et seq. ("RESPA"), unless another law that applies to the Funds
<br /> seu a lesser amount. If so, Lendcr may, at any time, collect and hold Funds in an amount not to exceed the lesser amount.
<br /> L,end�r may estimate the amount of Funds due on the basis of cunent data and reasonable estimates of expenditures of future
<br /> Fscrow Itecns or o,herwise in accordance with applicable Idw. •
<br /> 1'he Funds shall be held ia an institution whose depnsits are insured b}� a federal ageacy, instrurnenta]iry, or entity
<br /> (including Lender, if I.ender is such an ir.stitutionj or in any Federal Home Loan Bank. L,ender shall apply the Funds ro pay the
<br /> Escrow Items. Ixnder may not charge Borrower far holding and applying che Funds, annually analyzing the escrovi account, or
<br /> verifying the Escrow Ttems, unleas I.en�ler pays Borrower inten;st on the Funds and applicable law permits Lender to make such
<br /> a charge. Howcver, Lender mav require Borrower to pay a or,e-timc charg�;or an independcnt resl estate tax reporting servicc
<br /> used by Lender in connection with this loan, unless appficable law provides otherwise. Unless an agreement is made or
<br /> appiicable law requires interesi to Gc paid, Lender shall not be required eo pay Borrower any interest or eaming� on the Funds.
<br /> B�nower and Lender may agree in writing, however, that interest shall he paid on the Funds. Lender shall give to Borrowr;r,
<br /> withc�ut charge, an annual accounting of the Funds, showing cr.dits and debits to the Funds an� the pur�ose for which each
<br /> debit to the Funds was made. The Funds aze pledge�as additional security for al(sums secured by this Security Instrument.
<br /> If the Funds held by L.ender e�ceed tne amounts permitteci to be held by applicable law, I.ender si�all account ro Borrower
<br /> for the ezcess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by Lender at any
<br /> time is not sugficient to pay the Escrow Items when due, I.,ender may so notify Borrower in writing, and, in such case Borrower '
<br /> shall pay to i,ender the amount necessary to make up the defici�ncy. Borcower shall make up the deficiency in nn more than '
<br /> twelve monthly payments, at L,ender's sole discretion.
<br /> Upon payment in full of all sums secured by this Security Instrument, Lender shall pr�mptly refund to Borrower any
<br /> � Funds heid by Lender. If, under paragraph 21, Lender shall acquire or sell the Property, L,ender, prior to the acquisition or sale
<br /> of the Property, shafl apply any Funds held by L.ender at the time of acquisition or sale as a cr�dit against t}ie sums secured�b�C_ '
<br /> this Security Instrument. \ _
<br /> ; 3. Application of Payments. Un�ess applicable law provides otherwise, all payments received by Lender urnler paragraphs '
<br /> � 1 and 2 shafl be applied: first, to anv prepayment charges due under the Noee; second, to amounts payabie under paragraph 2;
<br /> % third, ta interest due; Courth, to principa]due; and last, to any late charges due under the Nute.
<br /> 4. Chargcx; Llens. Borrower shaii pay all taxes, assessments, charges, fines and impositions attributable ro the Propeny '
<br /> which may attain prioriry over this Security Instrument, and leasehold payments or ground rents, if�ny. Borrawer shall pay '
<br /> these obligations in the manner provided in paragraph 2, or if not paid in that manner, Borrower shall pay them on time direciiy '
<br /> to the person owed payment. Borrower sh�ll prompdy furnish to Lender all notices of a�nounts to be paid under this paragraph. '
<br /> If Bonower makes these payments direcdy, Bor:ower shall promptly furnish to Lender receipts evidencing the payments.
<br /> Bonower shall promptly discharge any lien which has prioriry over this Sec�erity Instrument tinless Borrower: (a)agrees in
<br /> writing to the payment of the obligation secured by the lien in a manner acceptable to :.ender; (b)contests in good faith the lien
<br /> by, or defends against eaforcementjof.the lien in, legal proceedings which in the,�.e:.�der's opinion operate to prevent the
<br /> ,enforrement of the lien; or(c) secures from the holder of the lien an agreement sati.sfactory to L.ender subordinating the lien ro
<br /> chis Security Instrument. If I.ender determines that ar�y par� of the Property is subject to a lien which may attain priority over
<br /> this Ser_urity Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or
<br /> more of d�e actions set forth above within 10 days of the giving of n�tice. �
<br /> ��8R(NE)i9zis�.o� Form 3028 9l90
<br /> F�pa 2 0l 8
<br /> � Initlalr
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