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<br />_ _�- ;�►�!!!!e�.r::a:s ar l�s-aftcr crectn!o►i the n+•y�;+.Rnd ell er.�cmenty,eppuitcnnnceg, . _
<br /> - � and(ixlu�now or hereafkr�pan of�he propeny. All�piacemenu and addl�ions sh�ll Wso bc cove�rd by Ihis Securiry
<br /> - � insqumc�tt. All af thc foregoing is rcferted to in thfa Sccurity losdument as Ihe'Piropetty."
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<br /> - ' � BOR.ROWER COVENAN7'S ihat Bormwer is InwfWiy r►eised aP Ihe eslWe hercby convcyed and hAS the dgM ta grant
<br /> __�L,�H, and ccmvey Iha Ptaperty and Ilwt the Property is wiencumhemd,axcepi Por encumbr�nces af recoM. 8orrower wamnis and —
<br /> '� ; wjll detcnd gc�cr�lly Ihe titk�o�hc P%+erty against all cluimr and demunds,�ubject to Any encumbmnces af recard. -
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<br /> -""�'`�'�� THIS S�CURITY INSTRI1ME.h"f cambines unifam covenunte for �lianul uM: und natauniform coven�tMs with `
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<br /> ��;�%�*��, I limited veriwtions by ju�isdictian to cons�iwte a uniform secudty inswment covering real propeny.
<br /> • �- •'�� ' UNIFORM COVENANTS. Barower wtd Lender covencun und ug�ee us follows:
<br /> -- . '�; � : ..�;`.,, I 1. Paqmeat ot Prindpd an�t Iateresli Prepsymmt�nd I.wte Clui�ea Bomowcr shall promptlY puY when due�he
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<br /> -- ��;;;,,�,,��,., p�ncip�I ot nnd interest on the debt evidenced by the Note and any prepnyment und lae charges due under d�e Nae.
<br /> _�:x3;�' .,r.•..,.�•.,,,(a; .� ; 2, F�nds tar 71�se�and Insuraa�e. SUII,�CCI(0 A�l�lI1CIlIfIN IAW IN l0 A WfI1Mfl WA�VC�(ly IRiI��.Eiortower siwll pay w
<br />"��� ,:�."���';�:.•.:;.:�;.v : Lender on thc dny monthly payments arc due under Ihc Note. unlil the Note ia pAid in full,A sum("R�d�-►`o�:�a�yc�r�r
<br /> tuxea u n d Asr,�ssments w h i c h may wlain priority aver t h is S e cu�fty losuument us u l ian on t A e P t o p erry:l b)ye a�ly I ease M W
<br /> �_�°_ 'p�fr.•a�`..» �Y � �Y• � Y• Y Y P� Y P�'e 5 Y �
<br /> . ,•.. ' men�s or nd rcMs on�he �f an • fcl e�r1 hazard ar rt i�sum�ncte miam: 1�11 eurl flood
<br /> -f�-•:' '�''�'�.''`��i nsurance prcmium�. ii any: le) Xeuly mongage u�sur�nce premiums, if any:and lil any wms p�yabk b}� Bom�wer to —
<br /> �.� I.ender,i�aec,�e with the{xovisions oi pcuagrrph 8. in liru c�i the puymem ui mongAge insurance premiums. TtieSr
<br /> �,,,; � ;• �: ., I itemfi we c:�ied'Escrow Items' Lender may,at any time.coltect And hold Fuads io an amou�w not la eaceed the max�mum
<br /> • �� :w». ; amount a lende�fw a federrlly rrlated mangase laun may requirr for Rcxrower�s e.+crow �ccount under the feders�ll Real -
<br /> �; :.���. rr. � ��e Senlemcnt Pmcedums Act of 1974 as amended from timc la time, 12 U.S,C.$�bt11 et ieq.I"RESPA"),unless unolher
<br /> --�,�' - - - Irw�ha�appliec�o Nr F'urr�t�sets a leeser emount. U'so,Lender may.at any[imc.�q�!kM:t iurl hold Funds�n an amount not to ._. .
<br /> .;;�_ :=..,:,;,y°�y;;5. � exceed the Iesser�nt. 4ende�may estimate the �mount of Funds due on the ba�o� ut rument datu and reasonabie —_.
<br /> S ' .•p;:.�t';:� estima�es oiexpenditwes of fum�Eycrnw Items or otherwise in accordance wi�h applicabfe Is�K. �`-
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<br /> :,;f>.�;, ;^�,�`� � The Flmds shall be held in an in:�►itution whose depaits ure insured by a fed�ral agYacy, instrumentality,or entity a�.;
<br /> • � ' i. � . RL" -:
<br /> ,3 : �-. (Including l.ender,if Lemier Is such an iastituaior�l or in any Federnt Home La:ui Eank. l.end�r shall apply the Funds to pay _ ,
<br /> ' � the Esrrow Items. I.en�ier may not cha�e �Rmw•Er for holding und applvine cU�e Funds,nnnuully unatyy..�g the escrow -
<br /> • 1 '�� r'''; � '�'UJ'�t�^` account, a�verifying the Escrow UemS•untr+:: C.c�:e:1c� pAys Barrower inlcrest c►n the Funds and appli►:af�E; law pem�ils �::
<br />;��;;, `��',�,�'.�;;C`„•�;�,.. Lende�ta make such a churge. How�e��c�,l.ent3ed may require Bc+rtower�o pay u one-time rdearge for an independent rral �¢��
<br /> ' �.+��:'����i� ' estate tax�parting service uSed by Lee�s�in connec�9nm wilh thia loan,unless applicable law provfdes utherwise. Unlesti ar+ �:�
<br />��•`•��6;``• �"'�j�i%;•'`���.j� � a rcemet�c ia made or a licuble law uires inter��:t��be id,Lender shall not be uired ta Borrower an interesu�;�c �+,:�'
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<br />' ��' � �• , camings on the fi�nds. Barrower und Lender may A�nee in writing,hawever,�hqt interest shull he puid on the Funds. Lendrr ��=
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<br /> � a, �� � : • �,..;,: shall give to Borrower.withom churge.un unnuul uccou�ting of Ihe FLnds,.twwica�credits and debils to thc Funds and the . --
<br />�` �''�� ' w '' �" purpose for which each debit to the�unds wus made. The Rinds are pledged a,uddilfonal security for all sums secured tr�r �
<br /> ..,- �i�'�.�9t?a C.� : ii�is Sc�.�uridy in�irumrni. :^Y
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<br /> `` ' ' �'• t'�ij1'�`• � If Ihr Flmds held by L.ender er�eed �he amount�: permitted to be held by appiicable law, Lender sh�ll nccount ¢�, �"'
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<br /> � � ,��?��,. �.�:•�.:. Borrower for the excess Funds in accar�lance with the reyuimmen�s of applicnble law. If the amount of�he Funds held ap �,�,.
<br /> ��•� ` ' 4ender at any time is aot suRciem to pay Ihe Escrow Uems when due, L.ender may so notify Bomower in writing,and,in .�:
<br /> • • '��;s'�.� •such case Borrower shall pay to Lender the n�rm�n�t necessury ro make up th�� deficiency. Borrower shall make up the ���
<br />"''•-':' � �, '�';;':;. �deficlenc; in eo more than nvelve monthly a Rnem�,at I.emler a c�Me dicereti�n -
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<br />�r^r• - �l; ra ment in full of all sum� securcd b thi�SecuriaE lu.,trument,�.ender shull rom tl rcfund to Bc�rrower nny -
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<br />;�y;•• �;,�C,�'q, •, ••'°,'•�.� Funds hel�:t��Lender. If,undcr por+�e�aph 21,Lender shull nrqu;re or sell l�Propeny.Lender,priur to thc acquisition nr °`"°
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<br />- ',� , sale of tE�c Pre�perty,shall apply uny �uncls hcld by Lender ut the time of ucGuisldon or wle us p credit Against the sums
<br /> ' rJ�;�� '��� secu�d b�r this Securut�r Qasuumenl. ��-�
<br /> °��'��'�l'�" 3. AppUcaliaa o9'�vmeMq. Unless applicable luw provides athentiis., all payments neceivQd by Lender under ��r
<br /> �� 1 �i"'�`�v'-�• =�`°�.�-
<br /> pwagraphs 1 and 2 shaD�t�e applied:firsl,to un�•prepayment ch►uges due under tha Note;second,to nmounts pays►ble under ��- -
<br /> � � y- �• paragraplo 2;Ihird,to interest due: four:th,to principul due;nnd las�,to eny late charges due under�he Note.
<br /> ''�%� '.�' :.f 4. Cdar�es; Liena Borca►keK sfiall pay all luxcs, acsessmen�s, chnrges, fine� und impositions utlribuwble to the �'s -
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<br /> � . ,� '- ::x.� .,,,. " Pooperty which may nttain priait}•ovwr this Security Instrumern,and leusehold payments or ground rents,if any. Suuuwcr - _
<br /> >�'' b�;� sh�ll pay these oblig�licMS in the man�cr provided i�+Qarngroph 2,or if not puid in that manner,Borrower sh�ll pay�hem un
<br /> �;,�.;� �y;�';,,, . {;�",,. ''° time direcHy�o the pers��n owed pa�mznt. Borrati�e�.hall promptly fumish t�y f.en.ier all notices of Amount�to be pAid under
<br />;�,fe�. ';,►,�'�,}��;,���.",�:��� y this purag�aph. If Borrower makes It�se puymems directly.Batrower shull}�rorr�ptly fumish to Lender recei,pis evidencing
<br /> ����< �•,.` • � • ti: the a ents.
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<br /> s. %, . •,1s':�� ' � •. rr : Hor�c�wer shall prompUy dischur�e any lien which has priant�, ucer this Securil��a�:+uuAr.cot unless Borrower.la)a@ree; ...
<br /> _,�,�'' ��{� � �„E�n_;��''�� in writing to the payment of the obligntion xecured by the lien in a munner acer�xable ro Lrnder,�b)contests in good failh tCa�e
<br /> �.A.��.., k�'��1�; ;,+.e-;,,��• , a lien by,or defendc a�inst enforcement of the lien in.Ieg�l proccedings whic9a in the Lender s opinion operAte to prevent the �`��
<br /> � *� ';�'•�`'��'�:••.`�� enforcement of Ihe lui�:or(c)secu►es from�he holder of Ihe lien un a�reemen�sa�tiafacto to Lender subordinatin the lien �;`�'
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<br />�','i.1." ' �. . ° ,�.,. to Ihis Securit Instrument. If Lender determinrs lhat w� art of t0�e Pr n.i.;ub'ect w a lien whirh ma ultain riorit
<br /> ' ' ��;�4r� over this Security Insuument,Lert�ie�maay give Borrowcr a notire i.kndfyi�og ahe lien. Borrower shall satisfy the lien or lalce rR�ir:
<br /> . ����,� "!'"�`.. � one or more of the actions sct farth aFc•4•e within 10 days of the giving of notire. "x`"
<br /> ��:;,�,�r'�..� 5. Hazard ar Property Insura�ce. Borrower shall krep the impru�ernents now e�isting or hereafter erected on the ��,
<br /> ' � � Property insured�gninst loss by�re,hatanis ir.��uded within Ihe term"ext�r.�,ic�coveruge"and any ather hawrds,including +'
<br /> ° ' flcr�Ac or fl�wxlinp. fix which Len� mquirex iv�u+eartce. This insurance xha�l be maintuineJ in the amounls und for the
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