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<br /> THIS SECURITY INSTRDIVIBNI'combiaca uaiform covedattts for nnQonnl use and aon-uaifatm covenanta with �
<br /> � � . Ilmited vurindons by jwlsdlcUaa to consdtuW a uuiform sectulty lnstn�ment covering real property =
<br /> UNiFOI3A/1 COYBPtAN'Y'S.Boxuwee aud Lender wvcnant aad ageee ns follovrs: � �,
<br /> 1. Po y m e n t o f P r t n c i p a l a n d I t t t e r e s t�P r e p a y r u e n t a n d L a t e C h�r�s.Bortower shall prom pd y p aY when due the =
<br /> principnl of uad interest on tho debt evIdenced by the Note und aay prepaymentaud late chatges due under We Note. r"=`
<br /> --��• 2. F�unds Cor'Caxes aad Insvrwtee.If requessed by Lender la wrlting aa�subject to uppliaable law�Boaower shaU
<br /> "�r��'"�" pay w L,ender on the dny monttily payment�ute d�un�er the Note,untll the Note ia paid ia fiill,o sum("Funds")for. (a) 1
<br /> " �"'� yeariy taxes and easessmettta w�ich may attain pr�orItyi over Wis Seetulty Instcument as a llen on the PropertY;(b)yearlY
<br /> �� leasehold payments or geound rents on the Prol�ertY.if anY+(�)Yearly hez�u�d or proPerty iasurauce gnemtwns;(d)Year1Y ��-
<br /> tlood iasurance premiwns,if eaY�(e)Y�IY�MBage iasurance premiums,if any�and(fj enY sums Payable i�y Hosrower to =_-
<br /> J,�nae�,ia accordeaee wltb, the ptovlslQns of paragtaph 8.ia lleu of tha payment of mortgage insurnace premlums.These =
<br /> � items are called"Fscrow Items."I,ender may,at any time,collect aad hold Funds in an amount not to exceed the maximum
<br /> � amouat a lender for a feder.ally nlatcd mortgage loan may r�qutte for Botmwer's escrow account under the federal Real _.
<br /> Estate SeWement Pracedutes Aet of 1974 as amended from time to time,l2 U.S.C.§�601 et seq.("ItFSPA").unless another —
<br /> 1aw thetappl}es W the Funds uts a lesscr amoun�If so,Lender may,at any dme,collectaud hold Funds in aa amotmtnot w —
<br />- " `'� exeeed the lesser amount L.ender may estimate the emount of Faads due on the ba�3s of cuttent data aad re.asonable esdmates
<br /> - ' of exgendltut�,s of future Escmw Items or othenvise itt accorclaauucz wlth ePPllcabta l�w. "
<br /> � 'Ihe Funds shall be hdd �n aa iastttutton whose deposits are insutcd by a federal agenay�instt�mentality,ot entity —
<br /> (iacluding I.ender,If Lender is such an 9nstlwdon)or in eny Federal Home Loaa Bank Lender sha11 aPPly the Fnnds w pay
<br /> the Fscmw Items.Lender may not charge Boaower fat holding and applying the Funda,annually analyzin8 the escr°w
<br />- '� acc;ount,or veslfying the Esctuw Items,unIess Lender pays Bwrower interest an the F+uads aad applleable Inw pemnits B�.-
<br />��'�'� " �`,� L�ender w m�ilce aueh a charge. Howevea,Lendet maq req�ire Bonower to Pay a onatime eharge for aa indep�udeut real ��-
<br /> �q estate tax repatdng seivIce usec�by Lendez in connectia�n with tl�s loan,unless applieable law ptovIdes othervvise.Urilesg an r:
<br /> '�� -
<br /> ageeemeat is mada or applieable law requims lnterest to be paid�Lender shaU not be req�ind w pay Bom�wer auy interest or n
<br /> -. eamings on the Pnnds.Borro�ver aad Lender may agree in wrldng.howcver�t6at iaterest sLall be paid on the Punds.I:eader {,
<br /> ; �hhell give to Bwmwer�witl�out eLarge,an apnual accounting of the F�mds.ahowing crcdits and debits to the Funds aad the _..
<br /> - a� P�P�for whiah eaeh deblt to the Funds was mede.11ie Funds are pledged as addidonal secutlty for aU s�s seeu�ed by -
<br /> .,:_.
<br /> _ ;,� tWa Secudty Instrnnnen� . . .
<br /> . , It ute i�unds held by I.ender oxcxcd iLe nuiouais�se�talucd ia��Stld b;sppl��ble lew,i r.nder shaU account to ,
<br /> � Borrowxr for the excess Punds in acco�idance with the tecluitements of appllcable law.If the amount oY the Fuads held by
<br /> Lender at any t3me is not s�cient co pay the Fscrow Items when dua,Lender may so notify Botrower ln wtldag�and.in
<br /> ' �'` ' such case Bom�wer sLaU pay w Leader We amovnt necessery to make up the defleienay.Bomower e6o11 make up !he
<br />�� '+� • deficIenay in no more tLaa twelvemontWy payments,at Lender's sole diecredon.
<br /> ' ' UPon PaYment ia full of all snms Eecured by tWs Secutity Inst�utaent,Leader ehall promptly raP�ad to Borrower any
<br />��' ' -'��- Funda held by Lauder.lf�under pataBeaPb 21,Leade:shall acquft+a or sell the Ptoperty.L+eader.grlor to the acquisldon or
<br />�°,`�°...,". sele of tha PtopertY.� BPPiY any Fnads held by Lender nt tha time of ncquisition or sole es a credit ugainst the sums
<br />_:*:. .... securedby tl�1s Securley Insuumen�
<br />_ -- , 3. Apptlatton of F�yments.UNeas applicnbla law prnvldes othetwjse�oll puymeats recelvcd by Lendcr vnder
<br /> . ., . patagraphs 1 uad 2 shnll be applled:fitst,to ani'P�PaYm�t chatgCS due under the Note;second�to amounts payabla if Aay
<br />- 1"' f uader patageaph 2;tLird.to laterest due;founb.to Prlaoipal due;and last,to eny lute charges dua under the Noto.
<br />-�,-�°�=�� 4. Chargesi Licns.Bo:mwer e6a11 pay all taxey.assessments� char8es,fines aad�nposldons attributuble to the
<br /> .��:�;:�'.
<br />- � property which may attain prlority over th)s Securlty Imgwment,e n d lease ho l d pnym o n�s or g round rei►t s. if en Y• 1f
<br />�*w?�-� h 2, or if aot atd in thnt mannei.
<br />�a._.:..�� applicable Boaawer shall pay these obligattons in the manner provided in 1��P P
<br />- -=- Bo�rower shall pay them on time directly w the person owed puqment Boaower shall prompdq fumish to L+endet a11 aotices
<br /> °���� of amouats w be pa�d under this paragtaph.If Boaowea malUes these pay�ments directly,Boaower shall ptomptly t�mish to
<br />=.-;-_=-�`:�: Lender m.ceipts evldenciag the payments.
<br /> -: �'��=�� Bnaowvershall promptly discharge any lien wLich has prlo�Ity ovet this Sec�Itq Insttament unless Bormwer:(a) -
<br /> t,.•::� -.
<br /> ��'�`.{s`'���� agcees ia wrlting w the paymentof the obllgadon secured by the llen ia a manaer acceptable to Leader;(b)contests fn g
<br />='''�'��`-� faith the llen by,or defe,nds against enforcement of the Hen in,legal proceedings whtch�t the Leader's opin{oa operate w
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<br />-_;;,;,�,�, i prcvent the enforcerneat of the llen; at (c) secnres from tha holder of the lien an age+eement satlsfactory to Len er
<br /> -�;_�_��� wboidinadng the lien w tlils Seciulty Insuumeat If Leader detemoines tbat any part of tha Properiy is snbject to a llenwLich
<br /> 4-n�:�.�° may attaia p�Iorlty over tbls Secmitq lnsttunnent,Lender may give Bo�a notice identIfying tha ll�-Bon+nwer sLall,
<br /> `������-' sadsfq the ll�or take one amae of the ncHons set fatth above wIthin 10 days of t}ae giving of notice. . . .
<br />�.•. ""r.`. 5. Haznrd or Property Ietsuennce.Boaower shall keep the improvemenis now exisdag or hereafter eteeted oa�thm
<br />��. .. '.'�Y:...1Y:. p fI
<br />".._.�`.>!*.�-. pmperty insnred ageinst loss by 8t+e�ba7atds ittcluded wlthin tha tean extended covemge and any other ha�ds.including.
<br /> : ....�-- floods ar floodiag,for wl�ich Lender mquires ins�raace.l7ds insutaace shnll be maintained in the amounts aad for the
<br />� ';.' . . perlods that Lender requi�+es.1�e insurance a�n3er provIding the in.snrnac:e shall be chosea by Bormwer subject to Lender's
<br />_ �i �, appmval whlch sLall not be urmasonablq wlthheld.If Boaower fails to mulntain coverage descdbed above,Lender may,at
<br />-. �'� Lender's optlon,obtaia coverageto pmtectLender's rlghtsln the PnoPertp in accordancewlth paragraph 7.
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