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<br /> - TOOB77IBR WffH all ttN Improvemcnta now on c�rcelier srCctct)on the propeny,Md all�o:tmenU,ap�u�4e�gnua, • 4
<br /> --- end pniurei now or derwRu a psrt o!the propatY.-A►1 teptesen1en[��d e4dttloni'thdF afeo bo CoverW",:.ws� �'; ;;
<br /> - IroiNmem. Ailof�hatoregoing�e�ekrtr4toinWeBeeuiltylnwumantesU»'Propetiy.' _
<br /> - BORROWSlt COVHNAN!'9 tliat Bonowu U Iqwtutiy ssised of tho c3tnte hueDy conveyed and An+Qie Hghf tb grap� "'_
<br /> end convey the Praperty end the��he Propcny i�unencum6ered,oxoept forencumDrenoea ot rccar0. Bortower wa�i�nt4 end
<br /> wlll dofend generally tho dtle to�ho Propeny egeinat ell olalmt and demanM,wl�ect to eny eneumbrenoa ottecor0.
<br /> TH19 BECURPfY MS7AUMENf combinoa uNfo�m covcnanla tor naHonal uso and non•unitortn covenanta wiN
<br /> -.. . • liMtedvarietlonsbyJwisdiqlonwwnstimtcaunffom�accurityfnsWmentcovcringrcalproppty. _-
<br />- - UMFOAMCOV8NAN1'S. Oortowerandl.endercovenanlendagrceaatoAows;
<br /> 1. Payment o4 Prindpal and Intereat;Prepaymeot ond Lnte CAorgee. Borrowu shall prompclypay when due the
<br /> --- pdnclPal of end intercal on the debt ovidenced by the Note md any prepayment end te�e eM1argw due under Ihe Nota
<br /> °-°� Y. FUnda Por 7h�cea end Insurance. SubJect ro applicable law or to a written wafver 6y I.ender,Hoaower eheil pay to
<br /> u��-��,� 1.ender on the day monNly paymenta ere duo under�he Note.wtil lha Note i�pald in PoII,a sum('TUnde")tor.(a)ytarly
<br /> _--.;Y��� uuee end aueumenu which may nttaln priortty over tAb Secudry Instrument m a Ilon on tho Ptopeny;@)yeuly leasehold
<br />--�-:-_-- W�y menu or ground renu on �he Ropeny, if eny; (c) yearly hazard or prope�ry inauronce prcmlums; (d) yearly Ilood °`--�-
<br /> �—�-"�-�-_° insurance prcmiuma,it eny; (e)yeerl�mongage insurence premiume.It eny;and(fl NY iurtu payabta by Bortower Io
<br />���;r_{$��:� Lender,in exordence wi�h the provls oro ot paragraph B,in Iitu ot tha payment of mortgage Insurence premtum�. 'ILese
<br /> items ero celled"8scrow Item�' Lender may,et any tlme,wllu[end hold Ivnd�in en emount not to axaed Ne maxlmum
<br /> � �� amount a lendu for a federally rclated mortgage loen may Rqufre for IIorrowut eurow aaomt undw the hderal Real
<br /> ��n �� Hsute Settlunent Proadurea Ac�ot 1974 es amended from�Ime�o tlmo,12 U.S.C.p 2601 er srq.("RH3PA'�,unleu anothu
<br /> _.,; r�$r`5'�l law thet epplies ro tha Amda uta a laser amount. If so.Lender may,at eny tlme,coliec�and IroIA Aunds In an amount not ro
<br /> '+'>"`-���,='�'� oxcecd Ne Iascr emaunt. Lender may est(mate we emount ot Punda due un the b.oia of c�.ne� deta :.�d reesonable �. .
<br /> ,i�'qF " esdmate�of expenditurca of futuro Bscrow Irem3 or oNemim in accordance wiN eppIicable lew.
<br /> ,� �,7,� a 7f�e Ponds shail 6¢ heid in on Ina�(ml(on whose deposita erc InsuttA by a frderol agency, Inswmentelity,or enNry
<br /> +�c 'r F�'" (ineluding Lender,if Lender ia sueh en InstimtioN or in my I'ederel Home Loan Benk. Lender ehall apply[he Wnd�to pay
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<br />-�.,,�,t.;�,�., tAe Hscrow Itertu. Lender may not cherge Bortawer for holding end e�plying Ihe Punde,ennually analyzing�he escrow
<br />�-.:,..L.r�o-�_.•,� eccount. or vedfying tha Eserow Iteme,unlw I.ender payi Bortower ntercst on �he Pund� end appliceble law p¢rtniu
<br />_:^�j,,��,.�,- Lender to make such a eharge. However.Lender may requirc Bortower ro pay a nno-time cherge for en independent real
<br /> ,: S.:�;.f atate�ax rcporting cervia used by Lender(n conneetion with�hi�loan,unless applicable law provid¢s olAerwfu. Unleas an
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<br />::;.R�-<<°St; agrecment i�made or epplicable lew requires interest�o be paid.Lender ahell not be required ro pay Borrower any imerest or
<br />.z;r,?;_�f>s:_ ��nga on the Punds. Borrowcr and Lender mey agrce in writing,ho�vevcr.tha�inlercst ihail be paid on�e Fund�. Lender —
<br /> •+.,-��ti,r� —-—
<br />..-=,�_�;�,+�Tk` chdl give to Bottower,wi�hout charge,an annual acwunting of ihe Wnds,ahowing credita and debita to the Ahnda and Ihe =
<br /> pmpose for whieh eech debit�o the Punds wm mede. 'Ihe Wnd�arc pledged as additional security for eIl mms ucuttd by
<br /> �z� '�� thieSecuritylnswment. ----_
<br /> �r st_`: If th:Wad; held b� LcnC:r cxcxd thc amounts �m:ittW to� h:ld by applia6lc lax, Lend:r thal!aaouni ie -
<br /> ¢+ ` aa. Hortower for the exeesa FLnds in eccordnnce wi�h the rcquirements of appiiceble law. If the amount of the FLnds held by � -
<br /> ��t '' Lender at any 11me is not:ufficien[[o pay ihe Escrow Icems when due,Lender may so notify Bortower tn wricing,and,in � ' r" -
<br /> N � auch crose Bortower ahall pay to Lender�he emount necessery�o make up the deficiency. Bortower ahail make up �he ��' -, .
<br /> `�y - - deficiency in no morc ihan�wetve momhly paymenu,et Lenderl mte diuretion. �
<br /> �r -� qRl`s ':�
<br /> as Upon paymem in full of all sums ucured by ihis Securiry Instrument.[.ender shell promptly retund to Bortower eny r, h .
<br /> «;� r" Wnda held by Lender. If,under paregreph 2I,Lender shall acquire or sell�he Propeny,Lender,pdor ro�he acquisiuon or h;�X�, ;.
<br /> sele of�he Property,shall apply eny I'vnds held by Lender et the time of acquisition or sele aa a credit against the aums -�) ,? ---
<br /> s „�.�ti r-� seeumd by�his Securiry Instmment. .!; -�"s:.',.:
<br /> - �*�''��- 3. A Ittatlon o1 Pa menta. Unless a Iiceble law rovides otherniu, oll a enis rcceived b Lender under i� _
<br />`:`-�ii'�•.,;?':� PP Y PP� P PYm Y s:$;�,�:'":
<br />•�'�:•f_;�•tt,+" p�ragraphs I end 2 shall bc applied:fint.to any prcpaymcnt charges due under ihc Note;second,�o amouma payeble under �+:3_j,'-;;..
<br /> �-�'}�""r pangmph 2:�hird,to imeres�due:tounh,to principal due:and last,to any lerc charges due under the Norc. "- 'S�:��
<br /> � ' 4. Chargea; Llena. Borrower shell pey eIl mxes,asxssmemz, chergu. fincs and impositions atiribuuble to the �s �� '
<br /> .,-.'r�" Property which may aimin prioriry over�his Security Instmment,and lensehold payments or ground renes.If eny. Horrower t�_k,;.�:-�
<br /> "' - ahall pay�hcae obliga�ions in ihc manner providcd in pamgmph 2,or if not paid in�hat manner,Rortower sh¢II pay them on �`'t`.'�ti^,�:
<br />-• %�.�kY�� time dircctly ro�he person o�ved payment. Bortowershuil pmmptly fumish ro Lender all notices o(omounis ro be paid under ti''f:i}`;,;-_
<br /> ` � .;:c this paregnph. If Borrower maku thex paymems directiy,Bo�rower shall promptly fumish�o Lender rcmipts evidencing ��.(:_?;�:;.
<br /> ' Qr� :. Ihepayments. ...-- .:.
<br /> - -� � Dortower shall pmmptly diuharge nny Iicn which has priority over�his Securi�y Inx�mment unless Bortower.(a)agrces ,�;;.;•;;.�.
<br />� �-`E`�>� -� in wri[ing Io thc payment o(Ihc abligation xecured by the licn in a manncr aareplabic to Lender.(b)contes�s in gaod(eith the �;;v�i;:..::��
<br /> -ny: lien by,or defends xgainst cnforcemem o(ihe licn in,Iegal proccedings which in ihe Lendcrt opinion operate ro prcvent the .v�!"-`:'
<br /> ���! enPorcemem of Ihe lien:or(c)securcs from the holder of Ihe licn nn agrcemenl sa�is(actory to Lender suhordinating the lien t�'^`��'
<br />��"'��"" ' to�his Securit InswmenL I(Lender de�ermines�im an }��°�T���
<br /> y y pan o(ihc Propcny is wbjec��o a licn�vhich mey etuin priority ,:�
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<br /> -y�:�-,•- .. over this Sauriry InslrumenL Lcnder may givc Bovowcr n nolicc idcntifying Ihc licn. BoRO���cr shail sa�isfy�he lien or teke '�-�q=:�.
<br /> "�- :�-• one or morc of Ihe aclions sel fonh ahove within 10 days of 1he giving ot no�ice. � -�
<br />'.';z`--� � S. Ilezard or Property Insurence. Bortower shall kecp�he improvemenu now exis�ing ur herca(�er erec�ed on the ���'' ' �
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<br /> Property insured agains�loss by fire,hazards included wi�hin the temi'eztend�J mreragc and any other hazardc,inclading --
<br /> - Ooods or(londing. (cr which LenAcr reyuimt imurance. This insurance +hall M maimained in Ihe amnuNa and (or Ihe
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