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<br /> --- - 'i�UUG�IiiF.R WITH aii!hc imp�uvcmcnts now ar hstraftcr erccted cr.�h•�r�ty. aMi all easen�nis.appuAenanccs. �-°"
<br /> Qnd tixtures nuw or Nereafler a part of�hc propepy. All rcploccments and a�kNlicx�s stwll alr.�be covered by this Security �
<br /> . IncuumeM. All of tbe faegainR is refertcd to in thi:c Security Inswrnem a�Ihe"A'operly."
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<br /> BORROWER COVENANTS that Barrower is luwfully seiscd of the cstutc hereby conveyed And hus�he right to grun� �"�"
<br /> r^� ;�� snd convey thc P�riy�eny und IhAt�he PropeAy is unencumbered,except for encumbrunces of record. Bornawer wurrpm�and �`�'_
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<br /> � ������� will defend generally Ihe lilie to�he P�opetty againat aU clAims wki denwnds,rubject to vny encumbmnces of rcy:u�J. �,
<br /> � ' •�,�;J?�.��• THIS SECURITY INSTRUMENT combines uniform covenama lur n��iu�al u�e and nan-unifam covenanls with �����
<br /> �`4-'";s;�•. � IimNed vu�ia�ions by jurirdiction�o constiw�e a unifotm security inctrumem covering rcal pmpeny. ��='
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<br /> ��,,.,.;,.:.,..,;,.. UNIFORM COVENAIVTS. Borrowerand Lende�covenunt und ugreeas t'ollow,: '� _
<br /> ' �'"�`' 1. Payment ot Priaclpvl and Ipteasts Preppymeat and Lpte Cb�ges. Rarrower shull prompUy puy when due the �:�-,
<br /> .:a.; .:� , �._
<br /> ..__ - .� � ' .,' prineipaI af und inlerest an ihe debt evidenced by ihe Note und nny prepayment and IAte churges due under Ihe Notc. _
<br /> � ' , � . •.�., ' L Funds for 7laxes and Insuraaca. Subject to Applicuble law ar t�a wrilten wui�er by Lender.&Nrower shall pay ta ���
<br /> x� •..f;. .,.,:,��� :
<br /> ^ � ;;.,(, y,�., Lender on the dny manthly pnymenls ue due under�he Nrne,umil thc Nac is puid in full,a sum l"Funds"1 for.lal yearly
<br /> `_�_�� `� : '?,•;t�' taxes and ass�essmen�s which muy altain�prk+tity over thiK Securiry loslrumcnt as u lien on Ihe Prt�pe�ty:lbl yearly leusehotd
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<br /> _,;-.� y;'r• •�,.°•• . Payments or ground rems on �he Pro�eMrtc, i i any: lc) yeurly hazard ar propeny imurlu�ce prrai ium.: ld l yeArl y iload T-
<br /> _ insura�ce premium�, if tu�p:(el yeaTly �roeongagc inctivance premium�, if uny:w�d ifl unY sum� !'aYahie h}: Bon'ower lo e�r,:�,_
<br />-.}� �.-.�' '; � Lender,in accor�dance vri►ih the provisionx of �araeru{�t+R, in lieu af 1he payment ai manguge in�urancc p�remiumas. These i,:':`--
<br /> ,x,,� - - : s,;� :.
<br />- . ,'; " +�.•., �.� i',: , items are cullcd"EK7uv►�t�ms.' Lcsdcr mak.iu a�e�time,collcct and hold Fund�in an amc►unt not to exccc:�atr.•rnazimum ..�_
<br /> unwun[a lenlcr far r b'ederally rctart�d nnon�agc ionn moy rcyuire for Borrowcr. e.cr�ew acrnum under thr :(�dernl Real �'f_
<br /> °� Estate Seulement Pracer�ures Act uf a97•3�s nane�uled fiom�ime lo time, 12 U.S.C.S Zt�01 Nr:+a•<S.1"RESPA"),unles+unott�er ��
<br /> ' �.�,.�i�a�. 9t so.Lcndcr may.at unY timc.rollect and hold Funds in An+unount na t�s �'
<br />_ ,. --�-�; , law that a fpiir.,to ihe�'unda e�t��Ir•�� --- -
<br /> � ���� exceed Ihe Icsser nrnn�ane. Lender m��o e�timnate th� amaunt of Funds due an ihe ba+is uf current data mM mASOnabie
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<br /> t ,,�•�• " ` �'� es�imates of eapetulitums ot'future E.+cm�ti�ltems or othenvitie in nccordance with applicable law.
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<br /> �s-••� The Funds shall be hcld in an i�.u�i�uti�n whu�c deposils um inwred by a federul ugency, instrumema9in�,or enti�y ���'"
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<br /> � � ,, ,._.-..�. (including Lender,if Lender i� such:an imsoiutionl or in any Fedcral Home Loan Bunk. Lcnder�hall upply Ihe Funds to p:�y 3•:�-
<br /> •x the Escrow ltems. I.ender ms�y�Y ch.uge Borrower for halding und applying the Funcix, annuully�nalyzing the escr.ua �^�:
<br />.=��.�n:"�`,—"''''_r%'"`. ��•�; ucwuoi. or �•crifying thc Escrow• Ii•.r:s. unless Lender pays Borr�wer in�crest on ihe Funw�s ,.nd upplicuble law pen�aits �=�--
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<br /> r' '� '� '�� • Lender ta make such u churge. Howrver,Lender muy reyuire Borrower to pny a cu�e-time rharge for an independr.m rea� S f _
<br /> . ';:'". � ,�.ti eswte tax r+eportiog�en•ice u+�d by I.cmdcr in connection with�hiti lovn,unle�s upplirabl�law pmvide�othenvise. Unles�An f.;.-
<br /> .. �'"� ° a g r e ement ic mude or a p�liraAle law re quims imet+es�to bc paid.Lendcr shall na��e�eqaivKd to pny Barrowcr nny intemst or _
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<br /> ��, , � • - LL,;,�,-x esunings on the Funds, Haraower ar:cl i.ender rnny ugrec in writing,however,thut incrrest sha4¢t►e paid on�he Funds. Lender
<br /> - � �;s a�:�• °.,��r•t �shall give to Borrower, w•ith�wt ch;u�se, an annual accounting of Ihe Funds,showio�cterD'aas:a�d debits to the Funds und the
<br /> .. ;" `�`��"�°�.�� ` �o�hc�Funcis was made. Thc Funds ore pledged as ndd�liona0.erurity for ull sum�secured b�
<br /> se for which each clebU ��:
<br /> �,-�!�� ��Sv.�rlt-,..n,...fi purpo ___.
<br /> ° ,t;;,:�.•,� �r'"'""',•��•-"; : � �. � U�is Secu�it Intitrum�nrt. __.__
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<br />,..�,: .� +`�� t�l,��:;t'�t'�;;;;�,C If the Funds held by l.end�r exceea the um�untc prrmitted to be hcld by �PplicAbte lAw. Lender sha10 account to ���
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<br />;:F;,�;��ti, a,�., Borrower for the excess Funds in uccardunce with the�eyuirements of applicable law. 14 thz amount of�he Funds held by ,�..
<br /> ��, '�, -��''• .. �t.:;;r,-.�• Lender A�any time is nol suflicicnt t���i�y the Escrow Itemx when duc, l.ender mAy w neMi+fy Borrower in wriling,and,in
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<br /> •.' '�t, � ' such ease aorrower shall pay to L�ndec Ihe umount neccssury lo make up lhe defwiency. Borrower shull make up IQ�e
<br /> �''� . � . .. dc8cicncy�i�no morc than tu•ctec mamh:y pieymcntc,a�t I.rndrr;��I�dicrre�f�.n.
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<br /> � i-,�'�� U�wn puyment in full of ull sums.r•ecu�d by �his Securi�y In.trumenl,Lender shall prumplly t�efund to Bormwer ua} ��_,�
<br /> °• �,+"?` ' Funds held by Lender. IG under purngrnph 21.Lender�h•rll acyuire ar sell the Property, Lender,prior to the acyuisition o�
<br /> �'°`• �����':'' ,,: , `�� wle of the Property,shull upply any I'vnds held by l.ender at �he time of acyuisition or�ale as a credit uguinst the sumx
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<br /> -:���`." �'�;:�' �=:..�' ; secured by t�his Secu�ity Instrumcnt.
<br /> '" 3. Aa+ipYic�tion of Payrnents. Unk.ti upplicublc law provides olherwi�e, �II payments received by Lender under �.
<br /> _ ;c:t�•' `'�5 '�e;;il t::;�•,
<br /> ••'�'� +s>^ • , � • ;• '' x 1 and 2 shull be lied: tint.lu uny prepayment churFcs duc undcr thr Note:second,to nmcwnls payuble under �,.:'
<br /> 4.., r .. pamgrnph �P
<br /> '�`''`, y°'j '�'';,,��, � paragrnph 2;third,to intrrest due:foudh,to principul dur:anJ lutii,tu uny lalr chur�!e�due under�he Note. �'
<br /> , �,��i �"'�.`y ; 4. C6�es: Liens. Baxrowcr shall puy •rll taxrs, u.��sxmeni,. churge.. fine� and imposilionti attrihutable to the ,�i;
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<br /> -,,�, f.:, Propeny which muy nttain priority�*ver thi.Securily In�trum�nt,und Ieuuhuld payment�ur�.round rents,if any. Borrower •„
<br />; �f�" . ,.�:��s'��• "'r+•,;•�t'"�'�'•'� xhall Ral. tfi�ese obli�ations in thc m:i�nrr provided in parag�uph �.or if nut puid in�hm mvnncr,Borrower,h•rll puy them�m
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<br /> �,;"�'' time dirercJy to the person owed pa��rnenl. Burmwer sh•rll prom�ily i umish to Lcndcr ull noticc+of amauntti lo tx paid under �..,_.
<br />'�y� � ` � �`• �, this parngrnph. If Borrower mukex these p•ry�mnt.directly,B��rcowrr xhall prompUy 1'urnish�o LenJcr rcceipts evidcncing �;
<br /> : ;�,.;,•,. �;'
<br /> . ° • - the payments.
<br /> • , � .'� . Borrower shnll pr•nmpUy diuhurgr uny licn which ha�priorily over this Securiry In+trument unle.rs Born�wer:la)agrees i4
<br />� � ri;�� , in writing to the payment of Ihe obligution secured by Ihc licn in u mnnner acca:ptablc�o Lender:lhl contests in good fuith the �
<br />- . ..g � �-. : ,`� , lien by,or defends agaimt enfixcemeul uf thr licn in,Icgal pnx:ecdin�s which in the Lender�opinion o{+eru�e to prevent�he �.
<br /> - �� �,.�•,�., � enforcement of the lien:or Icl secures frum the holder oi the li�n an ugreement sativfac��n tn Lender subordinuting the 11en ��
<br /> � '�� to this Securiry Ins�ramem. I f Lenc fer determines t hu t uny p•r n o f�h e F'r o}�e r t� i+sub Jec� to a li�n which mo y uttain privrit} ;"!,�=
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<br /> , i:�F' * .� ' I �ver this Securit In:tru�mem.Lender may givc St�now•cr u noticc ideniiPyin� the lien. e.�nower xhull sati�fy the lien or take �'-.,
<br /> �}'.S s ','}�:;:t;t,� rhr.,• ' Y ' -
<br /> ...� . ��,�,,�i. one or more of the uction>set forth uix�ve within 10 day+of the givin�of noticr. ��:,
<br /> f'�:iy•; • ;;;. , I 5. Nazard or 1'roperty ln.gwraarc. 8onnaer�hull kcep the improverneni.now rxiKting or hereafter erec�ed on 1he �'�S
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<br /> ,r,, .. , pro��l}•insured Against loss hy firc.h,►zards includcd within tfic t:rm"rx�cnvcd cuvcragc"und nny olher har.ards,ineiudiaF
<br /> •.,'•���,,:� •:,•• -•� • .in,ur:ince. Thi+ in.urunce xhull Ne muintained in the amount� and for the
<br /> ..,,. •�, �,,,',... .,;,:s,-.,;�. � tloodc or flooding, for which Lencicr rcyuirc
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