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<br /> TOGETH�R WITH aQ th� improvements now nr hereafter ececced oa the gro erry xnd all esucm.ents, ��°•
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<br /> appurtenancxs,and tlxturea now or hereufter a part of the properry. All mplacem�ncs and ad tions shall also be covered :
<br /> ' by this Securlty lasuuiaeat.All of the foregoing is referred to lu this Sccuriry lnst�ument es the"Froperty." _.,�;,_,_
<br /> conve thePropeCov�d�a��P opecty ls un�umbeercd. except�forte cumbian�of�rerord Borrower�wa gents and �
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<br /> , Y rty �,'.� .
<br /> • � will defead generally the dtle to the PropetcY agalnst aU claims and demanda.subject to az►y eacumbrances of reconl•
<br /> ` TH�s S�.cusrrr INSrauMEr+r combines uniform covenanta for natlonal use and noa-uniform covenants with limited �_-_
<br /> ..,,�;;;�; variatlona by jurisdicttoa to causdtute a unifonn securlty instcun►ent covedn�real property. �__-
<br /> ,,�, UwFOUr�+CovEa�nrs.Boaower and i.eader covenant and a$�as follows:
<br /> 1.Pc+yuient of Prtncipal end Iuterest; P►�ePnYmen�ana�.ate Charges. Borrower shall prompdy pay when due �..
<br /> the principal of aad iaterest on tbe debt evidenced by the Note and any prepayment and tate cdarBes due under the Note. �;;-; _
<br /> „ " � 2.�ads for Tax�o�allnsurance•SlxbJect to applicable law or to a wcitten waiver by L.ender.Borrower,8 for p a --
<br /> �� � � to Lender on deasse.g mentaywhfch may atu+ia p oriryer ther this Security Inss�tnunen as a Iienlori�he Froperryt N)Y�IY =—
<br /> yearly taxes esel hezard or ro insurance premlums:�d)Y�IY
<br />';;��`r; ' leasehold payments or ground rents on the Property.if nny:(�)Y Y p � s� nyable by Borenwer :
<br />-?fs:?�' � t�ood insurance premiw�os.if mry�(e)YearlY mortgage in.guraace premiuias,If any;and(�a�►Y p „ .
<br />'��5�� ,�ti.• to Lender. in eccordanoe with the pmvielons of parasraPh 8. ia lieu of the ag►v�ant of�rtgage Insurance prcmiums. 6`._
<br /> �i���-�: 'I h e s e i t r m s a t e c a l led"Bscrow Items." I.ender may,at any time.collect��f or B o r r owe's�e s crowtaACCOUnt�uad�er the - -
<br /> � • �5) maximum amount a iender for a federal iy re l a t e d mo rt A a g e l o a n c n a y r e q —
<br /> . r .`��:> 12 U.S.C. § 26U1 et aeq. _
<br />- .�' „. federai Reai L�state Seulement Procedur� Act of 1974 as anaendusl from iune ��er raay.at aa tiASe,callect anA __-
<br /> :� •�' �N�,Sr pp")�unless nuother law�hat ap lies to the Funds sets a lesser amount.If so, _
<br /> '��'� � � hold Funds in aa amuunt t�ot to ea�the l�ser arrwunt. Lender may escimate the amou�u of Fuads ue ou the basis of
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<br /> �,.,." current data und masonable est�aates of expendltures of ti�ture Escrow Items or otherwise in accordec�ce with applicable �,-Y_-
<br /> r�:�ia law. y -
<br /> y tastnuueatality,or entity
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<br /> c�� 'I7ee F�nds a�hitt�bed�e is uch en inatituti n)�or in anY Fede�el3iomebLo�BankBLeader shall apply the Funds to
<br /> ..,� (including Lxnder. din� Uy �—
<br /> ' pay ttte Escrow Item.g. Lender aaaY not charge ����er pays Borrowerpi ot�e.rgesc�on the Funds u�aad ��p able Iaw
<br /> ;��;; escmw acoouat. or verlfying the�scrow Items. � Bornower to pay a one-time charge for an
<br />-��� ` �ts l.ender to make such a charge. However� L.ender may req . licable!aw mvides �'
<br /> .. . ;ndependent real estate tax�+eporting service used by Lender ia wnne�don with thia ioan.unless app P -
<br />= � otkerwise.Unless en a�nent ie made or applicable luw reqvires iaterest to be paid�Lender shall not be requlred to pay
<br /> + .;' Borrower anY intenst or earaings oa the Fuada.Borrower aud Lender may agree
<br /> ia wtitiag,however.Wat 9nterest ahail Ge
<br /> p��n tt�e I�unds.Lender shaU 8ive to Bomnwer.without charge.an anaual accountin of the Funds.ahowing credits aad `
<br /> ���f ; .' o �Funds arc led_
<br /> ,, debita w the Fuads and the puipose[or wiricb eacu dci�it t3 ih�Fundo�:s..sr�sle. �- . P Aed as addidonal
<br />-i��;;!��� „ �ecurity for aU swns caecueecl by this Secarity insuume�nt. ._.
<br /> �'��° ••"^ ` ;� If the Funda held by I.eader exceed the eiuoui►ts Permitted N 1�held by applicable Iaw. Lender sh�li accauac to ��;_.
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<br /> '' •� � gemower for the excess F1�nds it►accoidance wtt�►the ro4ulm��ofapplicable law.If the amount of the Fuad�held y •�:,;•�.
<br /> ' � Lender ma so notify Horrower in writiag. and.!�► �
<br /> T;;�.,, �.,.., - Lender at uny time ds not sufficient to pay the Escrow Items whea due,
<br /> nMa..,,,:,,..' suct►case Born+wer shall pay to I.ender the amwnt���;S sole�discretion eflctency. Horrower shaU iaa(ce up the
<br />�+., . , .. deRciency in ao more than twelve aaonthlY PgY�
<br />-,.,,n:.,;_.�-� Upon pay�eat in it�ll of all sums secured by this SSeourtty Iasuuanent. I.ender shall pmmptly cefhnd dos t�o�We
<br /> t�►y Funda �eld by Leader. If, under paragcaph 21. Leader shall acqnire or sell the I'coperty. Lenddr, p
<br />-'�-�. •�'•��'�' acquisIdon or eale of the PropertY. she11 ePP1Y�Y F�held by Lender at the time of acquisition er eale as a credit
<br />_-�-�=-,,.�},,:: « against the sums securPd by tbla 5ecurttv Insnv�eat• p u received by I.Qnder under
<br />��;; . .'' � 3. Applicntlmn of Paymente. '�nless applica�ble�law�prov��es��e�under�ihe N�secoad.to amouuts payable
<br />:g:�<_::.�. P�B�Phs 1 ead 2 ahall be applled: flrst. to any P P Y �arq _
<br /> ----•-�= ��—�� wtdet parngraPh 2:thir�f,to interesc due:fourth.w prlacipal d�ue$�nte�cha ges�1flae.v and impoaitlonsratufbutable W the _
<br /> _����'��3 4.C�rg�i U1�. Bon+ower ehail pay aU taxcs. ---
<br />�'�""',."-''"""�:�1 pro rty w.hlch muy attaia prtorlty over tI►!e Securiry�ded itt�p agraph 2.ar�if aotpaid ta that man er.Borrower hall _
<br />_�.__:_°=���� Borproewez shaU pay these obligationa in the manner pm
<br /> --= pay them on time directly w the person owed payment.Burrmae�shalld�mP�crowes ah A prdnem��tlY�fu�iaigsl��Lender
<br />�,�n�� t°be Oeid under this�t�ragraph. If Borcower malces thae paym _
<br /> --=-",_=.-`": receipta evidencin�the�ayu�eats. _
<br /> - -_ - Borrower sb�il pmmSpdy dofh�argob�Y�on'"�secnth�ed byPthe l�ea�in a�mmer ax ptuble t�o nLeader gN)contesta�in -
<br /> �� agrees in writiag to the paymea 8 8 Wb�ch in the i.cnder's opinfon
<br />� z.-"•.�� good fuitb the lien by. or defends agRiast enforcement of the licn in, legcil gtroo�edlnB nt su8afaatory to
<br /> _-�y"�:�=,—� epe:mte to urevent the enforcement of the Uen: or(e)sec�►r�s fmm the hol�a=f aav tait of th �@�P�Y ia subj oct w a
<br /> — mqt�uuttat.lf txnder deteraesa.-. P
<br /> ------�..�-__ 'Lender suLor�nat�t3ic tira�to ti�s�tcuriry' • t Lender tan �ive Bminwer a notice ideusifyln� thP i[en. �.`
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<br />�� 1i�Which may utt�n rlorIty ovee tDio SecudtY 1ns4cumen� V��,��10 daya of the giving of nodce. _
<br /> _- Bornower shaU ssuist�r��lien or take one or more ef the actions�t fo���now eais�iag or hemafter erested on the
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