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<br /> .�'� TOOETHER WITH all the improvements now or horcaf�er erected on�hc prnpeny,und ull eLSememh,oppurtcnw�ceg, .
<br /> and fixturc�now or hereufte�a p�un of the ProPenY• All rcplaccments and uddition� �hall ul�o lw covcrcd by Ihi�Securily
<br /> "^ InYtrumenl. Afl of thc forcgoing is teierred�o in�hia Securiry In�trumcnt ax�hc"P���peny."
<br /> �" BORROWBR COVENANTS Iha1 Bartawer is luwfully nci�ed af Ihc e�tola hcreby a�nv�ycd und hax Ihc t'sght to�yrant
<br /> � .� . �. And cnnvcy thc Prapchy and�hu��he Pmpeny is uncncumt+ered,except for encumbrunc�s af record. Harmwcr wurrants ond
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<br /> � - ``- �, - will deiend generAlly d��i�lc lu Ihc Propeny ag�inst all claims and dema�xis,FubJect�o uny encum rnnceF�f reco . _ -
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<br /> THI3 SECURITY INSTRUMENT combinea unifom� covenants for no�ianal ux� und nan•uniiarm covenome� wilh ��
<br /> � . : i�: �fmited varlutlonK by jurisdictian to constitute u uniform recurity imtrument cnvering reul prapeny. �'
<br /> "` UNIFORM COVENANTS. Borrower und Lender covenant and ngree us followc: r�``""
<br /> .-:, :.; • _�
<br /> "�- °—:�±�'�•L+ : l, Payment ot P�iacipal and Interestt PrepAyment and Lpte Chw�ges. Borrower sh�ll prompUy pny when due the —_
<br /> �1�.1�NiY�l.:�h . � principal of und i�terest on the debt evidenceii by tQ�l�iote und uny prepaymen[and late churges Jue under the Notr. ;i.,F.,�._�--
<br /> _.w '�'ti'i� ��'`" 2. Ftiady�pr 7yixes and IasN�� Subject to applicuble Ipw or tU a written waiver by Leader.HO�iOWff SAiiII�J�f l0 ���-a�-;_�..,,�;;_.;
<br /> � '� �k, . nts u[e due undec the Nlote,until the Note is paid in full,a sum 1"Fluids"1 foc:lal ye:u#y .
<br /> — L.ende�at the day mo�thlY P�Y� '• < < "'#,'"� �:
<br /> '� tauces und assessments which may at[ain priority t*�er this Srcuri�y Insirument us A li�:n on tfie Prvpe�ty;(b)yearly Iear,eM�ld .r rre.�r _T,� -
<br /> "�� � ifi �1��.
<br /> �, �"�'' � WY�nt� a ground rents on the Pe�c�;pe�ty. if umy: ic1 Y�uIY hazard or prope�ty in�tuam.�r �miums: (d1 yearly ilaod ����,�,'4.,tx `:
<br /> _�,L"�_�� ;'y,;�r�r{;;,��.��,- insuru�ce premiums, iB aay;le) }e:u�� m�nt�pge in�urunce p�miums.if anv;aa�d (E► ur,} .ums PaFa�t� by BorK►wec to � ,� .t�.L�y t ,_
<br /> -� �, �•�;.,7p r1 `.s {.��'�?' Lender.in accadance�w�d� el�e pm..-��ia�s c+u parArraPh 8,in tiea of che���cneea�t'martguge inxurance pnemiums. These ,��,:_,-
<br /> i�cy y��.51.. ����Zf �l i i�t Y�����,{1 . � s ,1' __T .. "
<br /> „ a � ,� �, items arc called '���«'1a ms." 4encter m:e)�.ut any time.collect and Fa➢d Funds in an umaunt not to excee�the maximum
<br /> .Ft t`y'� . '�;�. �'r'��'�'��irsf•1�;ttiG'• . arrwun,t A 1rmcBer fc�r a fedefally re�A:ed mortgage laan may require for Borrower�escraw uccount�under the federul Reul =
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<br />•;�;;;yi;;��� s�,i � r t,�.,t�A sy�j.+{i�' , Esxate 5ctdem�nt Procedures Act of 1974 as s�mended from time to timc,12 U.S.C.�26(11 et ceq.("RESPA'7,unless nnother _--
<br /> �tt`� `' �'S° 1`' �{:�4���i'��" law lhat upplies to the Fund�rets a lesser umount.' IP so,Lender may,ut any time,collect and hald Funds in�n umount not�o ,_
<br /> �-;!i� �'•!� s,,;.. -
<br /> :?'��'J ;4.}, '�v�4�• exceed Ihe lesser amoum. lwmder muy estimute the nmount of Funds due on thc busis of cumem dutu and reaxonable �_:,-
<br /> '. �� �•�•�- es[imates of expenditures of future Escrow Items or otherwise in ucrnrdunee with npplic�ble law. . , .�� --
<br />--,:=;;- The FS�nds shall be held in nn institution whase deposits ure insured by u federnl ugency, instrumen�ality,or cntily _ __
<br /> �� � � ''.� ` (including l.cnder,if Lendcr is xuch un inslituNanl or in uny Federul Hame Loun Bank. l.cndcr shull Apply thc Fund.to puy �r:-_"' `r
<br /> �. rsP...:z�.*:,�_
<br /> ,����.' ' " the E.ticrow Uems. l.ender may nat churge Borrower fur holdfng and applying �he Furxlr, vnnuully anAlyafng the escrow ��;.�.,,;;-__
<br /> � y �"����=?°��� uccnunl,�►r verifying the Escrow Items,unle�s L.ender pay, Burrowcr interctit on Ihe Fundw unJ upplicablc luw �xrmi�r _.—
<br /> '.:=;�:. _
<br />, � �''• • � Lender tu muke�uch a chargc. Nuwcvcr,L.endc�muy rcyu�re Burrowcr lo puy a��ne-limc churge for un independrnt reul ��,y�"s_=
<br /> .„ � cs�atc tax rcpnning r�crvicc ur�d by L.endet in r�mnection wi�h Ihis loun,unlcs+upplicublc luw providc,othrrwi,c. Unlc►r•rn �.�;ti����r_
<br /> . ngrcement ix madr or appNcable luw rcyuim�Imrrc,��o he pniJ,LcnJcr.hull not tw rcyuircd to puy Bom�wcr uny intem+l or �`.` �.,,,
<br /> � � '�� �'° • curnfngwon�hc Fundx. 6nrrowcr und L.endcr muy ugrcc in wri�ing,huwever,lhut intrrc+t.hull{x:paid�►n thc Fundx, Lcndcr �^'--=`' '°-- -...
<br /> -_ - •��,�,,,. ,,� ehall give tu BoROwer, withnw churgr,un unnuul uccoan�ing ul'thr FunJ.r,.hawing credUr und debi�.io the FunJy und�he �
<br /> , _ ���' __ = purpare far which c�h debi�to ihe Funds w��mndc. 7t�i'uad�arc plcdgrd a.sddltionx!secarily!'or e!!sum�sc+:urec!by --
<br /> .��� • , � t �.P
<br /> � , �hir Security Instrumcnt. . -
<br /> ;�� � If ibe Funds held by l.ender excced the umount� permiucJ w bc held by applicablc law, l.ender .hull uccoum �o -;� ,
<br /> �•' . .y `' Bixrower for the ezcen.Fundti in u�curdance with the myuiremcn�+ui'applicuble I+�w. If the umuunt of the Fundc hcld by �'. ,', "a
<br /> '• ...,�...•.,:,:1." ._i.
<br /> 'C �' ''�•• � Lender at uny time is na sufficicnt io pay the Eu:row Items when due.Lcnder may,o notify Borrower in writing,and,in .�,,;,. �LL_, -
<br /> ""�"' • such cuse Borrower shall pay �a Lender the nmount neces�ury ta make up the dePiciency. Borrower shull muke up the �,,..r;.��Lr1i�,;-`
<br /> : •i ' �` • �;;�.. � � � deficiency in no morc than twelve manthly paymcros,nt Lenderk xale discretiun. �-=-``i`�"L`"
<br /> ' Upon payment in full of all tiums +ecuted by this Security Inxtrument, Lender shall prompUy refund ro Borrower any �";�.__
<br /> . ,: a . � Funds held by Lender. If, under paragruph 21,Lcnder shall acyuire or sell the Property.Lender,priar to the ucyuitiition or �;,-�.�--,=�.,,;�
<br /> • � sale of Ihe Property,shall apply uny Funds held by Lendcr ut the time of ucquicition or xale as u crcdit againgt tho sums s=--- - _
<br /> . • ' aecured by this Security Instrument. •.<„�� .�',` :_
<br /> �+ . �•,r ' 3. Applicalbn of Payments. Unlexs applirable law proviJes otherwise, all p�ymentx reccived by l.cnder unde� � ;,,-� ,.._
<br /> � ' ' parugraphs I �►nd 2 shall be applicd:�r.r-t,to uny prepuyment chsuges duc under the Note;sccond,to amounts payuble undcr ,',',l,t.�.,�i�;'.;;,•?::^-,
<br /> I�"� •� . paragraph 2;third,to inurest due;founh,to principal duc;and Ins4 to any lale charges due under thc Nate. �,►��2' ?
<br /> , '` ;��':•°; ':, „ 4, Charges; Uens. Borrower shall pay nll taxes, asscssments, charges, fines and impositions attributable to Ihe "°"`' ' ��<
<br /> . , , Property which may attain priority ovcr this Security In�trumen4 and Ieuschold paymcnts or ground rcnts.ii�ny. Borcower ��Y��ti1:�1_._
<br />- . � ��i � sh�ll p�y these obligations in thc manner prnvided in purugraph 2,or':f not paid fn that munner,Bortower shall pay�hem on >.•••;?tl ;,„�;;,.,,
<br /> _. , ;��� :__,� . • time directly to the persan owed paymenl. Bormwer shull prompdy furnitih to l.ender all notices��f amounts ro be puid under �:;t'��:�J�,�,�;�,_�_
<br />- �•' ,, this ara rA h If Borrower mukes thetie paymenls directly, Bormwer shali promptly fumizh to Lender receipts evidencing ,..Y• ,,,
<br /> ,.,.�.•�,,:; . ,�•.,'__ : . .:: P B P • • ,
<br /> . , •,�;�,. . the payments. .�:;'R`,
<br /> ' � Borrower shall promptly dischvrge:uiy lien whirh has priority over this Security Inx�rument unless Borrower:(n)ugrees
<br /> •� ° ' in writin to the mem of the obli ucion xecured by thc lien in n manner ucceptable io Lender,lb1 contests in goad fai�h�he :���=
<br />. • . � PaY e . ..�+;�.;,
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<br /> ,, lien by,or defends against enforcement uf the lien in,legnl prarcdings which in the Lender's opinion operate to prevent the � .,`:.;.,t..,.
<br /> '� enforcement of the lien:or(cl secures from the holder of the lien an ugreement tiatisfactury to Lender subordinating the lien - _'=_''`�_�--
<br /> � '`�:";:_L_
<br /> � •. :ra=��'�' „ „ to lhis Securiry Inswment. If Lender detcrmines that any pan��f the Property is tiubjcct to u licn which moy atluin priority ' 1,;,y��,,�-
<br /> ':; ,,.. .,, over this Security Instrument,Lender may give Borcower a noticc identifying the licn. Borruwer shall yutisfy the lien or take ��'"�'._
<br /> � � ' one or more of the uetion.c+et fnnh above within 10 days of the giving of notice. ��-:'� � ..
<br /> ' S. Hazard or Property Insurance. Borrower shsll kcep the improvements now rxisting or hercnfter erected on Ihe :,
<br /> ��� � Propeny insured og•rinst loss by�r�,ha�ards includcd within thr tcrm"cxtended coveruge"ancl uny other hatards,including �
<br /> tloods or 800ding, for which Lender reyuires in+urunce. Thi. imurunce shall he maintnined in the amounts und for the r
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