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<br /> `��1'� --__ -_ �i�oo�iTHSR wtTN al��hc imprr►,�rn�now«nercatier onctea on ux pmpehy..M�1� easements..ppunemnc�e..ma
<br /> �.� tixwrcs �w ar hercAfler � part af 1he p�upeclY. All �'ePlcw'e+t�nt� ynd ad4i�i��ns f:Ilyll plGl (IC W�Cl01I by llllf SOCIIfIIy
<br /> --- — �s!lnti. !11!of ihe fi►peg�►il►g i•r►irn�•rl u�in ibia 5ea�urit�I��dM�ls llk�Plmperty•�
<br /> BORROWER COVHNAM'S that Bomawer is(awfLlly seisad of the cswte 6crcby conveyod and has 1he right lo�t�nl�nd
<br /> ��� carrvry the Prope�i�and Uwt the Property is unemvmberod.cacept fat envmbrances oi rccnrd. B�umw�e�warnup�and will
<br /> _.,�;- ��,saa�" defend grnerally ihe ti�lc to Ihc i'roptrty altainu all cl�ms and dertwn�is.sub}aM to any encumhrancex��f ntnnl. --
<br /> - THIC 4ECURITY INS7'RUMBNT combines unifurtn c�wenams Fi�r nniional use and nnn•uniiunn unvenantc wlth limlled
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<br /> ;�,�i��„� vp�istkms by juri�diction to rnnstitute a uaiform securily instrtime��covering real pn►pehy. `
<br /> .� ---- — - �-�
<br /> UMFORM COVENANTS.Bomnwer and Lende�rnvenant�I agror+u� u uw.: '_
<br /> � ,,, ..,-.•- 1. Paymcnt ot IMnctpal and lat�ati �PpYment wid I.pte ChAry�es. Bmm�wcr tlu�il pmmM�Y I�Y whai due the
<br />_�-�.; " priacipul af and imcrcct on the debt evidenced by�he Nac and uny prepuymcM wd latc charge�duc unde��ha Note.
<br /> " -- 2. Fuada fa�Tax�and I�a�nee.5ubje�y to a�pQlicaMe law or to u wriltcn wuiver by I.cnder. &�rn�wer shull puy tu �,-
<br /> y ��; ��,w�,�;l�'!' l,ende�on�he d�y manthlY paYments s�re due u�der the Nute,untio�he Nute is puid in full.s�sr,im�'Fum1s'1 for:la!y�rly tuxcs ��
<br />"-.,�r' x'� %,:�;�;.� and assessmens which may aittain priorit�over this Security Insauraerr s�u lien�m ihe Pn�pe�ty:fbl yearly Ieu.�eix�ld payments
<br /> ' orr growd reiMs on the Prope�y.ii'�ny:lc)yearly haraud or pivperty insur,uxY premiunn:fJ1 ye:ul�r ila�l ioautsux�e prcmium+. �-•-
<br /> _`-'' M iG any; le►yearlX mor[g�:e insur�nce prcmiurr�, ii'any:and lil Any �um� poYable by Brxn�wer tu I.entler, in acrn�dum�e with `
<br /> . R�,�_.... v.
<br /> ��iei���`� tB�e pmvisims of pura�er•r�8. in lieu��f the poyme�nt of moA�re inwranc.�e premium.�. 'lliese ite+�n are�'a��c+d"Escrow Ite�m.' ,-,�.:.;
<br /> .T-- �. •f�, L.�ender muy, at��y time, rnllect and huld Funds in an am�w�t rwt to exceed �he maximum anx�unt a lerder fcx•r i'edeally ='---
<br /> "'%+ ''t:�`' related mor� e Iowi ma uire for Borrower's escrow a�rourtt ua�ler the federal Real Eseate Srulement Prooadure�s A�Y af
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<br /> "�h`},: .`-t� 19T4 as art�ide�i ita�t�ime to time, 12 U.S.C. Section 2601 r-a�. l"RESPA'l. unleas um��luw�hat upplies w the Furds =-
<br /> �����,: �a i�r���. or�, Lender muy. ut any�ime. �rllec� :u.eu1 hold Funds in an amoud not to ea��eed thr lesse�am.wnt. —
<br /> ��,.. � ;i�;�:ff� ---
<br />-,--`- --p— .. I.��icr r�ta}� .s�tk�utc �irc:�+�:�.w�it af i'w�i.r.tuc on iik i.a+i.ui�rucrr��t.ivia uMt rrxau�u�Llc c�iuu�itc aF cx�itssrs nf f•stttsr =-'.-
<br /> � �yJr��+..�,-,r���i Fscrow liems c�r�tiic�wise in acco�darke with applict+We I�w•.
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<br /> • :�� a.'�.�;. J.• The Pu�i� �hali Ue held in An institution whose depinit� �.2 insured by a feder.�l �a;r��►y. instrumentality. or entity �::
<br /> � "��!,;� (including l.ender,if L�end,rr is such an insiiw�ionl o�in any Fc�rra!�lome.Laan Hank. l.en�i r.�all apply the Funds to pay 1he �r
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<br /> ,�r t��a:. � Escmw pems.Lend�� niaw� iat charge&�rmwer for holding und apptying the Fu�rlv,unnuulh• urnlyzing �he e+cmw acrnunt,or
<br /> � ��� �'" . verifying the Esarow Haems,unless Lender payti Bormu�er iMerest�m the Fur��:u�J applirat+le law permi�s Lender to make such ` -
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<br /> ,�-ra�:�fir�. .�a.,:,, u cha�e. Hvwever.Lendar rnay require&►rrower to pay n one-lime TT�argc for an indepeadeni iral es1A�e tux rep�ming service =--
<br />..''�'�`�''+" .' .,:�.�.a-.: -.,� ---
<br />� ;, :• �„s�� . used by Ixaak�� in �Ymnection wi�h this I��an. unless applicubt2 I��w pmv i dex ot h erw ixe. Un l e cti un agreement is m a de or ��.
<br /> ��`���� '�'•=� laal*!e la+� r uire�interest to l�e �id.Lender shull not he reyu��c�d to pAy 8c►rrower an� imereu or earning�on the Funds. -
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<br /> ,. �• - � ' '• �ornow•er und l.ender :imy agree in wriling. howcver.that intere�i�hell be p:�cc��n the}�unJs. I.ende�shull give to Bormwer, --_
<br /> ` _��:�:.�wi����� withoul cliarge. an unnupl uccounting uf �he Fund�, chowin� r��+i�and debit�tn the Futd�and Ihe purpose fo�whirh each "'�`�
<br /> " �" ' �"'''y�� debit to�lhe Funds w�s made.The Funas arc pledged uc�iditirne:�i seturity for all sumc recured by thi��ecunty Instrument. °=-
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<br /> ., .,.•..��•�� �+,. IP tRe IFundti held by l.ender exceed the nmounts prrmitteJ tES�h�held 6y upplicable law, Lender xhsill account to Borrower ���.,.
<br /> ; � ��t+��� far the excess Fundx in uccordance with the rcquirements of upplicable law. If the amount of�he FunJ�held by Lender ttt�ny �•
<br /> , °, .•i �� time is not su�rient to puy the Eticmw Icem,when due.L.ender muy so notifv h�irmwer in wri�i ng,und,in cuch cs�sc Borrower _'�.�-�=�>
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<br />:-.};=;�'�r,. ��•4��.;U,:r �., ahal! pny�o Irndrr�he nm,,unt ncwrswry ai make up the deticiency. &ut�ouec,i�all make up the deGciene.t in no more thcut 4 .
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<br /> ��,i�,,,��{b�j,t, r�,•, twelvc manthly payments,at Le�xler's Wde Jixcrctbn. _
<br /> `� ' ►��:;,:, . .'�h;..;� ; U p nn pa yment in full of all +um� •��ur.x1 hy Ihi. Securi�} lati�rument. Lendcr siwll pn►mptly reFund to &�ROwer any �;
<br /> � ��!�`•���'��`."•:`'��.�5" . Funds held b Lendcr.If, u�uler ru•ro h?I. L.cndcr shall:rc uirc o�sell thc Pm n l.endcr.prinr to the•rr ui�uion or wle �='�
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<br /> ��.5 ' ;:�;��*'��, :r� of the Pmpeny. +hall apply any Fundx heW My lsmier•rt the�imr uf ucyuisicic,n or wlc�u credi� aguinst the r�umx se�vrod by
<br /> b�' , �'�,'%�t'' =..a�., this Security Instrument.
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<br /> .�±•r� ; �;;>f:.:. . � . : 3.Application of Paymen4ti.Unl�w.appliruble lau pn,vides othcrwi>�:.,�li puyments nrei�•ed by I.e►klcr uodcr puragrnphs _
<br />-�,.:. • '•,► :.r.-•,-,�a->-x:;` 1 unJ 2 shall be �pplicd: finl. to uny pr�paymcnt churges Juc ua�feT�he Nt�te: scrond. to umount5 payuble undcr puragrnph': .,
<br /> a r ,., �, � r•. ' third,to intercst due: fourth,to principal Juc:und lust,to any lah char�c�dut unJer the Note. �
<br />" i�: ;ii `� :'�.. 4.Ctwrsec:Llens. Bnrrawcr shull puy ull luxes. as,c,xmen�,, �harFe�. car.es unJ im�+ntiiiions uuribut�blc to the Propeny "�:-
<br />_ ,.•� ',>:: °Jj.+ ,� � ` =' '• . which m•ry auuin pri�rh} rner this S�wurity In��n�nxnt, anJ leu.rchold paymeri:� �u graund rerux, if any. �rn�wer shull puy
<br />-= '• ��.�``, . these obligations in th�n�a�mer pmvided in parugruph 2.ur if n�it paid in•thu+�j+annrr.&irrower shull pay fh.rn on time directly .'..
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<br /> , .• :_�2.;•• , tu the peru�n owcvl paynknt. &�rrowcr�hall prompUy I'umhh t�.Lendcr ail nntice+ul anxiunt,t�i he paiJ under�his para�raph. _-
<br /> H'�'�. � • �;'�'Y '� if&irrowcr mnke.�heK a mcm�Jir��tl &�rr��wer�haU min 7h furni.h ta I.�nder rerci tti eviJcncin the .l IRCR�:+. '° -
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<br /> ='����..'^. A�,��,:� -'�: &mower shull prampUy di.charge vny lirn afiich h�.pri„�rit� ,,vcr ihi.S�wuriry Im�rumcnt unle,. &►r►�w•cc:z:��agr�.e,�in
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<br /> ��� ..:� �..,« ,r wriling lo thc paynunt nf the i�ligutiun��wurcJ My tti�licn in u manner acceptable�o lAnJcr; Il►1 r�m�c.rt�iia g�mcl fuith the lien
<br />,',�. :�Y., n�,� '':•� by. or Jefe�xiti again.� enli�rrcmem ut'd� lien ii;. Ic�al pnxetdin�. w•hich in thc l.rndcr', .�+inion o�xr:a� ro prevent the
<br /> � � :�'�:. enfiirccme�t oP thc licn:or Irl krurr�fr��m�he h��ld�r nf 1he li�n an agrc�ment wti�fu�lur� lu I and�r.ulx►nlinuting the lien tu �•
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<br /> � +�!.. } �; this Srruri[} ln.tnrment. If LcnJer dcicrmirn� that any p:ir1 r1 di:Pn��xny i, �ubj�tii �o a licn N•hirh may auain pri��rily ��ver
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<br /> ��� ° 1.,!;'s'r thiz S�:ruri�y ln.trumrnt. LrnJ�r nw} p��•e&irrawc:a natirr ident�i}in�,thr liru. Borr�,��cr�h:dl���i.l'� thr li�n��r takc�mc ur
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