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<br /> TOGBTHER V4'1'fH all the impravementa naw or horebftor erected on the prc��rty, und all easementa, �,-
<br /> � , nppurton9neea,und fiutute:�no��or hereot4er a p�rt of tho�Sro�sorty.AU ropincemente nnd addittans eholl nlso be coveted �,°
<br /> � by thfa&eaurity lnstrumont,Ali of the toregoin�te ra1'arrcd to in thia Seaurity Inetrument sa the"Proparty."
<br /> - BORROWBR CQVENANTS thnt Boerowe�ls luntully seieed af tha esu►ts hereby eonveyed und has the��ht to �`--
<br /> � � grant und convey the Property end thnt the Fmperty ie u�encumbcted,oxcept Qor enoumbrences of eesatd. aormwer =
<br /> � . warrar►te und�vill dofend generAlly the tttte to tho Praqarty agt�Inet c�ll cluima nnd demnndq,aubject ta ony encumbrances � �;''.
<br /> 'i, of record.
<br /> � � _ THIS SECURiTY INSTItUM�NT combine�uni4arm covenonte for nntianal use nnd nnn-unitarm covennnta with � �
<br /> � � �� limited variatlons by judsdIctlan to conatitute a unitorm�ecurity instrument covering real property.
<br /> , ".� UNIFORM COVENANI'S.Harro�var and Lendar cavdnant and eg�ea ae faltow�: � ....
<br /> � 1.Payanent of II'rincipal�nd Inteeeat;Peepayment end I.�to Ch�rges. Hona�ver ehnll promptly pt►y ahen due � [�.i
<br /> .,�i;a�',� t h a p r i n a i p a l o i a n d I ntsr�3t on the dabt evtdonced b y the Note and any pecpayment snd late chArges dua under the Note. M,i �''
<br /> �-- ��*�`� 2. Fuada tor 1'sxea end ]naurattco.Sub j e a t ta applicebla lnw or w a tvritten�veiver by Lendar, Borrower shnll � �
<br /> ' uy to I.ender on the day monthlypsymants are due undes tha Note,unttl the Nota ie pa�d tn tull,n sum ("Funda")for: '�-
<br /> .,� ga}yearly tasea and assessrnents whiah may atminp n'odty ovoe thie SecuRty lnatrumeat as o lien�n the Property;(b) � o,-_
<br /> g year ly lease ho l d paymaa t s o r g r o u n d r e n t a o n t h e Y r o p e r t y,i f e n y; (c y y c a r l y h a z e r d o r p r o p e r t y t n e u r a nce p romium�; _
<br /> (d)yearly f(eod insutance premiuma,t4 ony;(e)Yearly mortgage inauranca premiume,if any;and(f) any aume payuble R
<br /> ��; by Borrov�er to Lender.in accmrdance alth the provIeton�oi paregraph&tn tieu of the payment ot mortgoge inauranca =
<br /> premiuma.Thesa itsms are callod"Esctov+Iteme."I.endar may,at any dme,colleat und hold Funda tn en amount not
<br /> ,�:. �j� to exceed the maxtmum amaunt a lender for a tede�ralty rolated mortg�go laan may require for Horrower's esarow
<br /> ` ;�}�:�-;�,; , account under the tederal Rea1 F.�tate Sattlement Procedures Aat of 1974 es amended trom tIme to tlme� 12 U.S.C.
<br /> : :.t���:h�'' Section 2b01 et seq. ("1tP:SPA"),�mis.ss another law that applles to the Funds sets a lessar amoun�It so,Lender may,
<br /> �'�,Y���r:�r,s��?' ` � at any tt�e,c;oltee2 nad hold Funds in an amount nos w axceed tha le�er amount.Lender may estimato the amount ef
<br /> �����"'����ttl�'� Funda dua on the basie oi curxent deta and reaawnuble estimates oi expesidtturos of future Esarow Items or otherwise in
<br /> •1?�}i•:'a .
<br /> ,i{1F�� ,. accordcmce withapplicabla laiv.
<br /> '�: .; Ttte Fuads shell be held in an instltution whusa doposIta ara tnsured by a federat a$snay.inetrumentelity,or�ndty
<br /> " • ' (3ncludin�Lender,iR b,ender is suoh un inatttutton)or in eny Fedaral Homa Loan$ank.Lettder ahell apply ttva E�nds to
<br /> , pay the Fsarow IYenma,Le:►der may not char�e Borrower tor holding and applyJng the Funds,annuelly analyzing th�e
<br /> escraw eacount,or vertfy�ng tha Bsarow Itama,unless Lender paya Borroaer interest on the Punde and eppltcnble law
<br /> ;',,;r�.r,', � �ermtta L�ender to make auch u oharge. Hnwover. I.ender may requiro Botrower to pay a ane-dme charge tor an
<br /> I._,.,+,.{.. �ndependent real estate tax r�vs"ring servlce used by Lender ia wnneation with this loan�unless applicebla law provides
<br /> -'��_�1•."},., otherwIse.Unlesa an agream�r,t is made or opplicablelaw rcquie�ea lnterest to be pa�d,Lendet eha11 nat ba rcqwred to
<br />_�A�TI��� pay Borroaer eny ieui�t ur a�xrninga on th�Fuade. Borrower and I.ender may agreo in wrIting,lsowever,that interest
<br /> -,�',.�t.._ ehall be Qaid on t9�a�lmds.Lendee shall�tvq tp Bon'owar,wlthout charge.en atu►ual accounting oi tha Funda,ehowtng
<br />=�,""'''''`•` credits and debita t�'che Pundls and tha u �a for whtch eaeh dabit to the Fun�da wea made.'l t�e Funds ara pledged as
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<br /> �,:f,�,�t,� additional sacudty[os a11 Hurn4a sscured by this Security Instrumant.
<br />--� �+�-�..;, If tha Funds held by Lezsdea excved the amounts permttted W ba held by appltcabla law�Lendar shell accaunt to
<br /> ��=?�11'�:���� Horruwer tor the e�r�ss Pbnds in accordance wlth the requlrements of applicabla law.It the amount of the��nds held
<br /> "� �'A�.'----
<br /> _wL:�����; by I.ender at any i�srae ia not aufiictent to pay tho Bscrow Iteme when due.Lender may so notIty Borrower in�writing,
<br /> - and�ln suoh cess]�osrower ehull pay to Ler►der tha nmount neceasary to mako up tha deiiciency.Hmrrower shoil mako �
<br />=''���rs'?: up the deitaienay In no more thon ta►elve monthly paymente,nt Lenaer's sole diseretion.
<br /> _�_�';�;�'��` Upon psyment in fu110�ti11 eums secuced by th3eSecurIty Instrument,Lender ahull prompcly retund to�arrower
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<br /> �"`'""� sr�y Funda held by Lender. L•f.az�dar pnregraph 21. Lendar ahall acquire or sel! tha Property. I,endc+r, prIor to the
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<br /> '=-•�!?� acquislt�on or seld of the Properiy,ehell opply any Funds held by Lettdar at the Nma of ucquieItton or sale es e credit
<br /> RM�, a8sinst Lha sums socured by thie Seeurlty�natrument.
<br /> -- - 3. �1ppllctti�a of Pay�noata. Unles�eppllcable laa prov�des otharwise�all poymonta ceeeived by I.sndar under
<br /> ------'_—_ paregrapha 1 end 2 ahell be appliod:tirat.ta any pregayment ohnrges dua under the Note;second,to amount�payable
<br /> �� _-� under pr�regcaPl►2;tt3rd,to Interast duo;fourth.w pr�ncIpal due;and last,to eny late charges due undcr the 1Jo2e,..
<br /> ' "���� +!, �hsrYes: E.iena. Borrower ehell pay all texes,assessmente,aharges,tines end Imposittons nttdbutal+le to the
<br /> �".=`�'�� Property which rnay attain psiority over thts Securtty Inahvm�nt,rind leasehold payments oe ground renm;3i�any.
<br /> ----° � Borrowor ahall gay sh�e obligatlons in the manner proviQed in para�reph 2,or it not patd in that muru�er.Borsonrer
<br /> T����% � ehall pay them on tima dlreatly to the person owed payment.Borrower ehall promptly turnieh to Londer ell natiaos oi �
<br /> vTd'[1Y]k±•,. �
<br /> -=°•;r'� amo�nts to be paid under th���7agraph.It Borroaer makes thsse psymenta directly,Borrower ehnl!promgily i t�rn lsh ' .
<br /> '-'-;;`-`.>`{�'� to Lendcr cecxlpta evidancing t��paymente.
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<br />-��3�� , Botrower shall pro�,qptly discharge any lien which hea ptlority over thia SecurIty It�strument anlesa Horrower.'(a) -
<br /> �����— agrees in wrttin��d tho�fnent of the oi�ligation secured by tha lien in a mannar aoceptable to Lender;(b)contest�in ;��•"`��:
<br /> _=���, ' good iaith the lien by�or dafenda against enforcement of the tten in� legal pma�ingl whioh in the I.ender's opini� ',::
<br /> -_�_;;�,�,r?L�;� operata W prevent thv en4orcement ot tha iten;or(c)seeures•trom the holder of the lien an agceement sati�i�otory w :�,� ���
<br />___,��1;,:,;;;}�„� I,en��r snbordinating tha lien to thie Securlty,Inetrument,If Ler►der d�termines that ezty part ot tha Property is subject ,.
<br /> --.,rl,���,Fi�r�l� to a lien wh�eh may attain priorlty over thie Securi4y Inatrument,I.ende�may gtve Borrower a notice iden8's3yin�the
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<br />_=�:.;:,:��� lten.Bnrrower sS�la satIsfy the lion or tnke one or moi+e of ti:e aettons set Corth abave within 10 driye ot tha,�iving oi :,
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