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<br /> `'��-14Q820
<br /> TOGETHER WITH all the improvement�now or hereafter erected on the property, and all easen�ents, appurtenances, and
<br /> fixmres now on c�reafter a part of the proper!y. All replar.cr�ncnts and additions shall also be c�ovtced by this Se�curity
<br /> Instrument. All of the foregoing is referred to in thi�Secti:iry Instrument az the"Property."
<br /> I30RROWER COVENANTS that �orracver is iawfully seised of the estate here3y conveyed and has the right to grant.and
<br /> convey the Property and that the Property is uneneumbered, except for encumbrances of record. IIorrower wzc-raieu ar.d will
<br /> def�nd generally the title to the Property again.et all claims and demands,sub;ect to:u�y encumbrarces of record.
<br /> THIS SEC'UFcITY INSTRUMEId'Y'combines uniform covenants for natianal use and non-uniform cove:iants wi.h liffiited
<br /> variations by jurisdiction to canstitute a uniform security instrument covering real pmperty. -
<br /> UNIFORIvi CO�/ENANTS. Borrower and Lender covenant ans!agree as follows:
<br /> 1. Payment of Principal and Interest; Prepayment nnd I.ate ChargPS. Borrower shall promptly pay when due the
<br /> principal of and interest on the debt evidanced by the Note and any grepayment and late charges due uader the Note.
<br /> 2. Funds for Ts�ces Amd Insurance. Subject to applicable law or to a written waiver by Ixnder, B�rro�ver sha�l pa� to
<br /> Lender on tfie day manthly payments are due under the Note,until the Nate is paid in full, a sum("Funds") for: (a)yearly taxes
<br /> and assessments which may attain prioriry over th@s�curiry Instrument as a lien on the I'roperty; (b)yearly leasehold payments
<br /> or ground rents on the Property, if any; (c}yearly hazard or property insurance premivms; �d)yaarly flooa insurance premiu¢ns,
<br /> if any; (e) yeazly mortgage ins�rance premiums, if any; and (� any sums payable by Sorrowe: to L,ender, in ar,cordance with
<br /> the grovisions of paragraph 8, in Iieu of the payment of mortgage ins�rance premiums. 1'hese items are called "Escrow Items."
<br /> L,ender tnay, at any timc, collect and hold Funds in an amount noc to ezceed the mazimum amaant a lender 'Far a fedetally
<br /> rela:ed mortgage loan may require for Borrower's escrow acc�o�+nt under the federal Real Estate Settlement Procedures Act of
<br /> 1974 as amended from time to time, 12 U.S.�. Ser.tion 2601 et seq. ("RESPA"), �inless another law utat applies to the Funds
<br /> sets a lesser amount. If so, L.ender may, at any time, col]ect and hold Funds in an amount not to ezceed the lesser amo��nt.
<br /> Lender may estimate the amount of Funds due on the basis of current data �.nu :casanable e.etimates of cxpend'etures of 4'uture
<br /> Fsciow Items or otherwise in accordance with applicable law.
<br /> The Funds shall be heid in asi institution whose deposits are insured by a federal agency, instrumentality, or entity
<br /> (including Lender, if Lender is such an institution)or in any Federal Home Loan Bank. I.ender strall apply the Func;�to pay the
<br /> Escrow Items. L.ende_ may not charge Borrower for holding and applying the Funds, annually analyzing the escrow accour►t, or
<br /> verifying the Fscrow Itenns, unless Lender pays Bonowes interest on the Funds and applicable law pecmits I.en�er to make such
<br /> a charge. How�ver, Lender may require BQrrower to pay a ane-time charge for an indepandent real estate taz reporinR service
<br /> used by Lr_nder ia connection with this Ic�an, unless applicable lativ provides otherwise. Uniess an agreement is made or
<br /> applicable law reqaires interest to be paid, L.ender shall not be required to pay Borrower any interest or earnings on the Funds.
<br /> Borrower and Lender may agrec in writing, however, that interest shall be paid on the Funds. Lxnder shall giv� so Borrower,
<br /> without charge, an annual accounting of the Funds, showing credits and debits to the Funds and the p�rpose for which each
<br /> debit to the Funds was made. The Funds are pledged as additional secuiity for ali sums secured by this Security [nstrumcnt.
<br /> If the Funds held by I.ender ezceed the amounts permitted to be heid by appl;cable law, I.ender shall account ro Bon�wer
<br /> for the ezcess Funds in arcordance with the teqairements of applicable Ia��. If the amount of the Funds held by Ixnder at any
<br /> time is not sufficient to pay the Escrow Ttems when due, Lender may so notify Borrower in writing, and, in such case Borrowcr
<br /> shall pay to Lender the amount necessary to make up the deficiency. Borrower shail make up the deficienty in no mor�: than
<br /> tweive monthly payments, at Lend�r's sole discretion.
<br /> Upon payment in full of a�l sums secured by this Security Instrument, Lender shall promptly refund ro Borrow�er any
<br /> Funds held by L.ender. If, under paragraph 21, I.ender sha?!acqu:re ur sell the Property, L,ender, prior tc+the acouisition or sale
<br /> of the Property, shall a�ply any Fnnds held by Lx�der at the 4ime af acqliisition r�r sale as a credit against the sunu secu;ed Ey
<br /> this Security Instrumant.
<br /> 3. Applicatian of Paymen��. Unless applicable law provides othenvise, �11 payments received by Lender un�er paragraphs
<br /> 1 an� 2 shalt be agplied: first, to any prepayment charges due under the Note; second� to amounts payabl� vnder paragraph 2;
<br /> third, ta interest due; fourth,to principa:ciue; and lasi, to any late charges due under the Note.
<br /> 4. Charges; Liens. Bonower shail pay all ta�ces, assessments, charges, fines and impositions attributable to th� Propeny
<br /> which may attain priority over this Security Instrument, and leasehold paymcnts or ground rents, if any. Borrow�er shai! pay
<br /> thesc obligations in the manncr provided in pa�agraph 2,or if not paid i�that manner, Banower shall pay them on time directly
<br /> to the pessan awai pay;nent. Barrower shall prompiiy furnish ta L.ender a!1 nQtices of amo4nts e�be puid ander this paragraph,
<br /> If Borrower makes these payments direc4iy, Bonoever sha13 pramptly furnish So Lenc�er receipts evidencing the paymznts.
<br /> Borrower shail promptly dischuge any lien which has priority over this Security Instrument tmlcss Bonower: (a)agr�es in
<br /> writing to the payment of the ob;igation sccured by the dian in a manner ascepiable to Ltnder; (b)contescs in g�orf faith the lien
<br /> by, or defer.ds againct enfarcernen: c,f the iies� in, legal proceedings which in the Lcnder's opinion operate to prevent the
<br /> enforcemcnt of the lien; or(c) se�ures from tha holder af the lien an agreement satisfactory to Leadcr subordinatin� the lien to
<br /> this Security In.struznent. If L.snder determines that any part of�he Praperty is subject to a lien which rnay attain priority over
<br /> tf:is Security Insttvmtnt, I.endtr may givc Darrnwor a netict identifying the lien. Borrawer shall satisCy thc Nien or takr�ne cex
<br /> more of thc actions sot forth abuve within lQ days af the gdvin�of noNce.
<br /> Form 3028 S/�0
<br /> �•6VIWE1�sxt2�.o� Pa;�s 2 0l 8 ��
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