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<br /> � TOtIETHER!#/1TH�i etl Qhe improvements no�v or hereafter erected on the property,and nll easementa,appur•censmces, and• t-�
<br /> � � tixwres now or hereafter a part of ttte propEt'ty. AU repincemeats and additiona shall aiso 1� covice�d by thio Secudip. [�'-
<br /> ' Inatrument.All of the foregoinB is referred ro in this Security Instrument as the"property."
<br /> �=-- � 80RROtVER COVBNANT�that f3onower is iuwfully sctsed of the estute heteby wnveyed and has the rtght to gcv►t anti ��
<br /> .,� convcy the Pcoperty aad thut the �roPQnY �e �nencum6ercd,except far encumbrnncca of rccord. Bortotver warrantR and �vill E-�-
<br /> � defend nenernlly the dtle to ct�e Property against utl cl�ims nnd demends,subjecc to uny encumbranocs of record.
<br /> 'e HIS SECUI:ITY INS3'dtUR,18NT combfnes uniform coaenants for natlonul uac aad non-aaiform coven�nta with lirnitotS ��_
<br /> �+� vnrintlona by Jurisdictton to constitute a uniform serurity iastmment covering reul properry. _
<br /> � ' U�1IEO12M COVBNAhi1'S.Borrowee und i.ender covenant and agree us failows: P A When d►i� th� --
<br /> .��� 1. Payment of Principul a�d Interest; Preps►YReent and Ls�te Charge9. Borrower shall t»mptlY p y _
<br /> � � , pri�c{pal of and iritesest oa the debt evidenced by the Note and any prepayment and laze charges due rtndor t�te Notc. _-
<br />` ° Z, Fa�d�for Tanes and Ansurunce.Subject to appUcable law or to a writtea v�atver by La�tdnr,�mrmwer shall p�iy ta
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<br /> •• �� i,eader an tho day moathlY PaYments are due under the Note,untU the Note is paid tn full,a sum(�,y�ly loensehol payym��
<br /> ; M .. and assessa►erns wmich may a�in priority over this Securiry Insuument as a lien on the Psapercy+: -
<br /> " or ground rentc on the Propert!'�if any;(c)Yearly haaacd or propetty insuranCe premiums: <d)Yeariy flaad inmuance preun3ums.
<br /> , . �, if any:(�)Yetuly mortgage insurance pa+amiums� if any: aad(�any suras Payable by Borrower tm Lend�sr. in accord�naz �ti�ih _
<br /> �he provisions of paragraph 8,in lieu of the payanent of mortgage insurance premlums•Ttieso itamu ar�celled'Escrow Itextn."
<br /> ' �°��'�{ � Lender may,at anY time�collect and hold Funds in an amount not to eaceed the maaimum amcaunt a lender for a fed��sUy
<br /> ':{�;;.�� related mortgage loan may require for Bvrrowes's escrow accaunt under fae federal..Rea1 Estata Sets��ment Procedwes Ac�f�of
<br /> 19?4 as amended from time w tLr,�e, 12 U.S.C. S�ctiaA 2fi01 et se!�. ('RFSPA°),untess another iaw that applles to th�W�q►ds
<br />-�.:. �,I ��a lesser amount. If so, Leader may.at any time.collea and�old Funde•iu an amount aioc t�8xceed the lesser am�ant.
<br /> L,ender may estimate the aznount of Funds due on the basis of cunent data acd s�easonable estimates of exp°.�nditures of fu►ure
<br />:__,`T},;�; Bscmw Items ur othezwise in accotdance with aPplicable law.
<br /> The Funds shall be lneld in an 9natitation whose deposits are insured by a federal agency. inehun►enta�':Y, or eptity
<br /> s,�� � "f (iacluding Lender,if L.ender ls such an insdrudon)or in any Federal Home� F��y��yz�1�B�w�account or
<br />=-�.,.:,,��"• g.scrow Items.Lender may not charge Borrower for holding snd app yk►S
<br /> -�:��f f T'k vertfying the Escrow Items, uuless 1-ender pays Homower intcrest on the Funds and applicable law��armita Lender to malce an�b
<br />- °- a c herge.Ho w e v e r.I�e n d e r ma y r e 9uirc Hormw�w�Y�p��le�la pmvid othe�svised. [1n1 se an�a8e��n t�s m-Q.��
<br />=-"��•�5��� used by L.ender in connc��ioa with this loan.
<br /> �"s"-�� aPplicable law rey�intereat w be paid,Lender shall not be required to pay Borrower any inus�st or eurain�s on tho Faiads.
<br />---=-- _- Borrower and Lc,i�iai maY ���"��g� hQ�""ver,chat interest shall be paid ott the FandFt.:Leadar ahaal giwe to Bomrivar. ,
<br /> --;�:;F�;*� �� of the Funds, showing credits and debits w the Funda•and ttio pucpase ior we�im�i+ri�
<br /> - _� wlthout charge�an annual acoounting Insm�msnii.
<br />�'���'�`r ,;��" debit to the Funds was made.The Funds are pledged as addidonal securiey for oll sums secured�by�hie Securiry
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<br /> --,w y;;f�r_,� If the Funds he1cD by l.cnder exceed the azaounts Pesmitted to be held by applicable law, Lendar.shall ac�ount to s�m�Er �
<br />�---"'-`°'� for the ezcess Funds in mxotdanc�wjth the re�Nirements of a}�pIIcable law. If the amount of tha�ada held by Lea�-ar•�tu�y �
<br /> �-=,�3:.��;�
<br /> time is not sufficient w pay the Escrow Items when due,Lender may so aotify�ormwer in wr�tin�,at�d+in such case BoT�°�v�r
<br /> :�-�=���.;--= s}iall pay to Leader the atsnount necessary to make up the deficiency. Borc+�wer shall maka s�P ttia dsfeeieacy i°no moz�e�Mn
<br /> ".`';��;w� tarelve monthly payments. at Lentter's sole discredon. � tefund to Boiro�a Any
<br /> %�,�'�a upmn payment ia faU of sU sums s�ured by this Securlty Insuumeat, Lender shail Pmmg y
<br /> -- -__ - Fuuds held try Lender.If, under `�araSraPh 21�L.ender shall ecquire or seU the Propeity. Leader,�Sriar to tho ecquisitian�ot aNe
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