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<br /> 'I'Ot:�'fl�i}iIt WI'TH �II the imprc�vomenta no�r or I181'eS��tBP erected on the property, and nll easement�, ',,,,,-.
<br /> . nppurtennnce:a,and ti�ttures n�N a�hereafter u part a4 the property. All repincementa ond ndditiana ahull ulso be covered ___
<br /> � „ -�;.�,�-
<br /> by thia Security lnatrumertt.All nP tho toregoin�fe referred ta in thiaSecurity Inatrument e►a th4 Aroperty.
<br /> );UItItU�i'Hat CAVF�NAN'i'S that Hnrm�ver ie law�ully seised oP tha cwmto hereby cnnvoyed ond hr�s the right ta ?�+,'-"'.
<br /> ��ont und c�»voy tho Proparty und thnt tho Propeny iR unencummered,except for encumhranceA ot record. Bottawer ��s.`.�`-'
<br /> � worrantx ond wiU detend generully the title to the Yroperty uguinat all cleima and domande,Rubject Yu nny encumbennce.c ��b,
<br /> 04 r<:sard. ��'�`
<br /> 't'Hlti S1iCURITY 1NSTRUMI'sN7'combines unita�m covenants Pur notiunal u:e nnd nan'uni�orm cnvenflnts�vith �_ ___
<br /> limited varintions by jurisdietion tacanstitute a unitarm security inatrument cavaring real property. _`_°`-
<br /> Y`.;�r�< UNII�q1tMCOVBNAM'S. Borroaernndl.endercovenontandnBceeastallowa: �
<br /> � , 1.Nayrr�ont ot Principal and lntarext;Prepayment and Leto Chargea. Aorrower Ahnll pr�mptly pay when due ��_=
<br /> " �'�'` the pr3ncf pa(af nnd interrst on the deht evidenced by the Note und any prepuyment nnd Iate chnrges dua under the Note. '__
<br /> '.;�.�;',•.° 2. Fund9 tnr Taae�uad lasurence.Subject to nppllcable Is�v or to a wcitten�vniver by Ixnder� Horrower shoU �'=��
<br /> ' ` Qay to I.ender�in the doy monthlyp�yment�nre due under the Note,until the Nau is patd in full.u sum("Funde")for. E�='j°`'�
<br /> �� ,� �� �� (o�y�rly tnxes end assessRtnents�vhich may uttnin prlority over this Security lnstrument os a lien on tha Propesety;(b) rL_-
<br /> . _;
<br /> � yearly leasehold pnymenta�r�round rents on tha Property, if eny;(c) yearly hazerd or proporty insuranca premiuma; �,
<br /> (d)yearly iloc�d insurance premiums�it Any;(e)yearly mortguge ineurunca premiume,if any;and (t)any suma payable �_
<br /> by Iiorro�ver to Leudcsr,tn accordonce�vith the provis�ar.s of p�raIIraph 8,in lieu ot the payment of mortgu�e insurnnce ___
<br /> �, premtuma.These items are called"Escrow heme."Lee�der may,at eny time,collect and hold Funds in an�mount not �;�;4
<br /> �, � to exceed the maximum amount a lender for a fedet�lly releted mortgu�o laan muy eequire for Botto�ver's esccaa ___
<br /> �; account under the federal Real Fswter Settloment Procedures Act of 1974 es amended from time to time, 12 U.S.C,
<br /> " `° �" Sectton 2lS01 �t seq. ( RHSPA ),unless anothcr ic►w t1�at applies eo the Funds sots a l�er nmount.Ii so, L,enc�er may, �__
<br /> � at any tima,collect and hold Funds in an amount not to exceed the lesser amount.I.ender may estimate the amount of =__.
<br /> Funds due on the bnsis o�r.vrrent data nnd�easonabla estimntes oi expendttures of tuture Escroa Items or other�visa in _ _
<br />- .; ��`�. ' accardance with applicabiu asw. --
<br /> • ' 7'he Funds shall be held in an institution whosa deposlts ere �nsured by a federal agency,instrumentelity.ot entity —
<br /> (inaluding Lc.nder�ii I.ender is such an institutton)or in any Pederal Home Loan Bank.Lendzr sha11 apply the Funda to �_
<br /> pay tha�?scrow Items.Lender may not �hsr�e Borrower for holding and applying the Funds,n�ually analyzing the --
<br /> �crow account,or verifying the Bscrow Iteme,untes�L.ender pays Borrower intarest on the Funcis nnd appltcabla law -
<br /> ' ; . � ,- permita l.,ender to make such e chsrge. However, Gender may requlre Horrower to pay a one-time charga for an
<br /> � independent real estate tax reporting service used by Lender i n coruiection a�th this lonn�unless upplicable law provides
<br /> : ' otherwis$.Unless an ag�eement is made or applicable iaw require�intcrest to be paid,L.ender shflU not ba roquired ta
<br /> _ �'7 pay Borrower any interest ar earnings on the Fonda.Borrower arsd Ixnder may agree in writing.however.that interest
<br /> '° ,�r � shati bo�i3�z it�s Fu�s.L„-si3a shafl gite tu Barra�•sr,r_•3thQUtc4isrge.sn ennu�!I ncen�u►ting af the Funde.showirtP
<br />;,,.�.;` • credita nnd debits to tha flxnds and tha purposa for ahich each debit to the�i�u�ds wtis mada.Tfie Funds are pledged as
<br /> ��� `� �� " sddittonal secudty for ali suma secured by this Security Inatrument, _-__
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<br /> -: �,��.a°s It tha Funds held by I.ender oxceed the amounts parmitted to be held by appl�cable lew,Lender shall acwunt to
<br />�-`�'''j��`�k�� Barrowar tos tha excess Funds in accordance with tha requiremea�ts of applicable lna.If the amount oY the Funds held
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<br /> ro�,:' by Lender at any time is not sufticient to pay the Escrow[tems when due.I.ender may so nottfq Borrower in aritir�g,
<br /> `='`:;�`'����r QAd,in auoh rasa Borrower ehall pay to Lertder the amount ne�essery to make up the defictenay. Borrower shall msk�a
<br /> r'-�'��` ,. �r,p the deticIenay in no more then twelve montl�ly pt�ymonts.ut I.ender's sole disarestton.
<br /> 1,�..,.. �,
<br /> � ��,�.•.,`. ' Upon payment in iull of all suma isecured by this Secu�ity Inatrument.I.ender shall promptly refund to Borrower
<br /> ' '-'�:,=— any Funds held by Lender. If. under paragraph 2l, L.endec ehall acquire or sell the Property. Lender. prior to tha
<br /> ���+`"'"^.'Y � acquisition or sale o4 the Proparty,shall apply ony Punda held by J.ender at the ttme of acquieition or eula es e credit
<br />�� r',� -�. agninst xhe��ms secured by thie Seaurity instrument.
<br /> „``_,;��'-: 3. Application oi Paymeuts. Unless applicabia law pmvides otherwise,oll payments received by Lender under -
<br /> _ � puragrapha 1 nnd 2 shnit ba npplied: tirEt,to any prepayment charges due undsr the Note;second,ta emounts payable
<br /> .-:��t.;��.� under paragraph 2;third,ta;nterest due;fourth,to principai due;and last,to any�ate oharges dua under tho Nots. ;�,:f,
<br /> ��..•����.� 4. C6bpges; I.ieas. Borrower ahall pay all texes. asse�smente, charges,fines and impasltions attrtbutable to the -
<br />� �� '� Property wfi�ch mey attain priority ovc�r this Secut�ty Inatrument, end leasehuld payments or graund ronts,it any.
<br /> �-'`"`�'`��� Bonower ehall.pay.tt}es�,ob igations in the manner provtded in paragraph 2,or ii not Fai�{in thnt manner, Horrower
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<br /> -��'�"�•"_sBt� sha11 pay.themffn ttit���i►Qd ly to tho pecson owed payment.$onocver she11 pro:nptly furnish to Lestder all noticeso4 —
<br />-����'�?'-i a� amoumts to ba paid under this puragraph.Ii Borrower makes thase paymenta directly.Boreower shall pr�o:enptly farnish -
<br /> � -"�=w",� to Lendet tecoipte ovidtmcittg the payments.
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<br /> � Borrower ehell promptly discharge any lten whiah hes priarity over this Securlty Inssrument unlesa Borcower.�a)
<br /> --:_.•_.�-,,;;=�_�;,`� ';!ag�es in nritin�to tha payment of the oblip,etton secured by the lier�in a manner ec.�ept�ble to I..ender,(b)contes�s in '= __
<br /> �a'�=� °;;�a�3 isith theli��+y,�*dPfendn agaln.at en4orcement ot the ti�n in.togal praceedings which in the I�dor's opi�ie�n ; .
<br /> h �. .operate to psevent tho e��arcament ot ti�o�i�n;or(c) secur�4rom tite hotder oi the Iieit an'e�reement satisfactary to , � __
<br /> '''�fi•��+'� � 'Lendcr suhordinatin�the lian to this Security Inatrument.If Lendar determines thut any part of tha Pmperty is supjeat � �tit;
<br /> ��� :�� ".:�.� • to a l i e n rv U�'s c h m ny a t t a i n p r i o r i t y o v e r t h i s S e c u ri t y I n s t r u m e r�t,L e n d e r ma y g ive Borrowsr u noticre identitying t.�►e --
<br /> - :.:��i::�� . .` lion. Bosrosver shall satis4y the tien or tnke ona or.mora oP the �ctions set torth ebave withip 10 days of tlie giving o4
<br /> � • ' nottce. . �
<br /> . .'•� �, : � Form 9028 / D . ---
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