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<br /> -- - -_ 'I'O(iN7'HI'slt WI'1'H ull thc Impruvcment�►nuw on c�rcailc�•ciLCtrd on Ihc pro�xrty, and nU eti4emm����cq�pu�lcniiucc�;.
<br /> _ und Ilxtures aa�v un c��enl�ter a paU uf tlw prt�p�riy. AU�eplt��CI11Ctlls tutd t�ddiUo(lti�h�►11��lyt�he t:ttvei�e+(by Ihis Seeurily
<br /> �r�_-�,;; , Insituuunl. AU ot'Ihc fi�it�1oiug ir n�fc�r�d lu in thiy Sccuriry Instriimem us thc"l'ruprrry..,
<br /> = RO�[tO�V�R l'OVt3NAN7'S thi�t Hurnxvcr is In�vfully�elscd of Uii:r.t+nc hcic�hy r�mvsyccl mtd h�5 ihc rlgM tu�rant
<br /> W utul conv�v tt;e t'co�crty c�nd dwt tlic ProPedy is unen�umbertd,ex�wpt tor e�tcumhn�ncu�uf r��c�}nl. Ho�r�swcr�titrrunis autd _
<br /> � _ '-� will d�tend genuraity tl�c dde to the f�r��purty oFulnst ul!cluims un�dcnt,uulv,e;ubJect�o nnx encwnbrancc;►of rceonl. ___� _�___.._.
<br /> ` '"' � 'rNIS StiCURITY INS'TItUME3NT comhine� Up11bn11 COVCtlW1l8 f'��r natlonul us� �md n��mQtllA�flll COYCIti1111V \VI(II
<br /> `""" Ifmitcd vi��iiitiuns t�y Jurlsdlction toronstttutc u unifomi src�uily Iu,Irument�ovccin�;rca!pn�perty.
<br /> �#_, - -- --- -- -
<br /> ;� - UNlfl7tiM COV�NAN'I'S. Burranv�r and Lcader cavenunt und ugrcc us fullows: . __ --.-- --
<br /> - 1. {'i�y�nent uf Principvl i�nd Intcresh Prepny�ttcat und Lute Churges. purrawer�huU PS�m�,ptly puy whcn Quo Ihc ___
<br /> - �, princlpi�l of.md intcrc�t�m thu debt evidenced by thc Notu i►nd a�ny prcpayntent t�nd lutu chtu��cs�tue.undet thu Nrn�. ___--
<br /> ° " 2. Flmd.a fi�r'Ibxea��a d lnsuruncc. SubJrct to iipplicublu luw ur tu n written wa�ivv�•by l,C�tdcti,Bt�rr��wcr shnll puy to _ __
<br /> ���>> �.�. Lender�n ihe da�y monchly puyments�ac duc under the Nnto,unUl thc Notu i�p.dd In f�dl,;�,wn("Fundy")ti�r:ln)ycurly -_
<br /> ,•. . tuxcw and ussc�sments which miry atinin prii�rity ovcr this Security Intilr�nncnt+�s�►li��n un lhc 1'ro{�crty;(b)vcurly Icnxcholtl � __
<br /> ' . paymeqts ar gi�uund rems e�n thc Propeny, ii uny; (c) ycarly haziird or pn�perty ins��runcu prcmiunts; (d1 }c�►rly Iluod , _ _
<br /> �:{^ �' insuruncc pnmlums, iP i�ny; (c) yCa�ly niung+�gc insuriincc premiums, if uny; und 1�) uriy tiums payabla,by Horruwcr to _ _
<br /> �• � Lendcr, in uccurd+�ncc with tha provisiuns��f pi►ru�u�ph 8, in llcu i�f thc pirymcnt of�p��nb���'� ����uritnr.c prcmiums. 'Phcsu ;
<br /> _,.�� fcems ure c�tUcd"Escrow Iten�s." Lendcr mny,iu imy timc,collect nnd huld Fl�nds in��n umaut�t nat tu cxcced�hc mnxiuium �'_ � -- _ _
<br /> -� nm��unt i�Icndc� for u fcdcr:�lly rcliitwd mongii�;c loun muy rcquirc for Honowc•,t� uscra�v nccaum u��dcr Ihc fcdeml Rcul . ---
<br />,;;�' Estuto Settlement P�nccdures Act of 197A us amc�ided Iron�time to timc, 1?U.S.r,fi 2G111 e�.rc�y.(„R�SAA"),unles�anothrr 1, __-
<br />";�' . • Inw that applics to ihc Fundti sets u lesscr umount. lf su,t,endcr nu�y,�t su�y t.+mF.culte�t und huld�unds in atn�unaunt nrt t:� _
<br /> ��� excced the lesser umuunt. l.cn�ler muy estimiue ihe t�mawn u�' fl�nd5,4iuo un th�: busis af curcent datii aud nai.onab�e __
<br /> __� � � estimutes at'expcndltures of t�uture Escrow Items a[otherwisF in uccaecl�tn�;G wlth tippllcuble law. , � -
<br /> '�''`� • � Thc FLnds shall be hcid in un institu�iun who.r'4,�icp4sUs ii�c Insyre� b,y u fcdcral ;i�ency, instruntentuUty, or cn�ity • :�::
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<br /> _ _ (including l.cndcr,if Lcndcr i+�uch nn intidtutipn)ar i�any(�dcrul Hunic l.oan Hu�k, Lendcr shall i�pply thc Funds to puy =�:_='
<br /> the �scraw Items. Lcndcr ma►y ni�t rhiu'gc poR4w4�' for hnidin�and t�eplyin�; ihc: f•Und�, annually unuly�ing the escro�v • 4 _
<br /> ;= ' nccount. or verii'ying ihe Fscrow Itemti, unless Lendcr puys Hon•ower �me�e�t nn the ��Lnc�s imd applirublc I,�w permit+ r _
<br /> :�°� Lendcr to nuikc such u c hurgc, Huwevcr,4en der mi�y rcqu lre i�orrnwcr ta p a y q u n e•t i m c c h i�r g c f u r u n i n d e�n d e n t r e i�l ` • ��= _
<br /> ;.�� estute tax reponing service used by Lender in rtimnecd�m�vith thix loi�n,ualess applicub�e law pcovidc s otherwiso. Unless an
<br /> agreemcot!ti mude ar npplic:►ble li+w requi�cti interest to ht�pidd,Lcndcr�hid1 n��i be icquir4d to pny Burcowur�►ny interest ar „
<br /> eurnin�Zs on thc Flmd,r•. Borrowcr and Lendcr may:►�;rce in�vriting,howcvwr,thut interetit shall hc piiid un thc Fun�ls. Lende� • �
<br /> - ' ` shall give ta Aorrawer.with��ut rhnrgc,un itnnuul ,i�cuwuin��f the i�unds,showing crcclih and debits tu the F1mds,�nd Ihe �� �-
<br /> purpose for which each deblt ta the FUnds wus mude. '1'he�unds+ue pled�ed us additionul securi�y fcu nll�ums xecured by . •
<br /> � this Security Instrument. � 3,
<br /> • If tha Flmds held hy l.cnder exceed thu umaunts Prrmitted tu bc held by uppliruble lii�v, l.ende� shiill uccount tu .
<br /> • Bonower fbr thu excess Funds in►�ccordance with thc rcyuinnzcnts of.ipplicuble law. If ihe umuunl uf thc Funds held by � .
<br /> • -- ---r ` Lender at any[imc is not sui�'irirr�t tu���y tita E,cro« itc�t;«hen c3uc. Lc�dcr:iz;sy� tiotlfy S�rrower in�rs':sln�.t�n+!.��3
<br /> . xuch cuso Batrower �hull pi�y to l.ender the umount necrssary to muke up th� deficiency. Bnirower �hi�ll make up thr , •
<br /> �ieficiency in no more thun t�velve munthly payments,:u Lendcr�xale discretion. "
<br /> � Upon puyment in full of ull sums sccurcd by Ihis Securiry Instrument,Lender shull prumplly refund�o H��rrower any
<br /> - --- _
<br /> �-.- , . . Fl�nds held hy Lcndcr. If, under purugruph 2 t.Lcnder sh�+u ucyuire ar scii thc rropc�ry. i.cndcr,pricn tu►nC ucyui�iiivn vi � -"' _--
<br /> � sitle of tho Praperty, �hull i►pply imy Funds t►cld by Lendcr at �he timc ��F acyuisi�ian c�r si�le us u credit ugainst thc sums . �
<br /> securcJ by this Securiry Inztrument. �
<br /> i. AppUcAtlan af Puymeats, Unless uppUcublc li��v provides c»hcrwise, ull puymentti rccclved hy Lcndcr undcr �
<br /> ' �lragruphs ! i�nd?shaU bc upplic�l;first,to any prcpuyment ch�+rgcs duc uiidcr thc Notc:+ccand,w umounts p�iyublc undcr 4 .
<br /> � pnriigraph Z;third,to interest duc;fuurlh,to principal due;und last,tu.iny lute churgcs du�under�he Nate.
<br /> 4. Chnrges; I.ieas. Borrawcr rhull pay aU taxes, i�ssessments, charges, fines and impositionx auribu�.�ble w the j
<br /> Propeny which muy cUt�+in prlarity ovcr lhis Security Instrument,und Icuschnld pi�ymcntti or ground rents,if imy. S��rruwcr ;
<br /> shull pny these obligutiuns in the mitnner provided in puragrnph?,ar if nut paid in thiit n�unner,Aorrawer shall pay them an f
<br /> iime direcUy ta the person c�wed pi►ymem. Burrowcr shull prumptly furnish tn Lender all ni�tices of umo�mts to be pi�id under
<br /> " this paragri�ph. lf Uorrmver muker thesr piiymem�direcUy, Barrawer shull prompUy furnish tu l.ender reccipts evidencing �
<br /> . tho payments. ' •
<br /> , aona�vcr shull pramplly dischiirgr any licn�vhich hus priori�y�wcr�hiti Scrurity In.trument unlcss Borro���cr:U�)agrcr� i
<br /> • in writing to�he puyment af'the ohligutiun.crund by the li�n in a miinner ncceptuhle tc�Lender;(t+l rontests in guad fuith the �
<br /> , lien by,ar defends ugninst��nforccmrnl nf�hc lien in, legi�l proccedings which in the l.endcr\c�pinivn��prratc to prevent the �
<br /> • enfareement of the lien;rn•(c)secures f'rrnn the holdcr of thu lien i�n ugrcemm�t sa�i�fiictory to Lender subordiniuing the lien �
<br /> to this Sccurity lns�rumcnt. If L.endcr detcm�inc�that any purt ut'thc P►•��perty i,�uhject ta u licn which may attain prlvrity �
<br /> . , over this Security Inst�ument,Lendcr muy Fivc Burro«er u nuUcr identiiying ihc lien. Burrow�r shull tiutisiy the lien or tuke i ,
<br /> osie or more uf'the actions�et fonh uhovc wilhin I ll day�uf the giving c�f no�ice. �
<br /> , g, Hazard or 1'rnpe�ty Insurance. 8��rc���vcr yhull kcep thc impn�vcmrnls no�v rxi�ting on c�rcuftcr crected on thc �
<br /> � Praperty Insurcd against loss hy t�irc,hax�uds includcd�vithin thc tcrn�"rxtcnd��d ruvcrugc"iind an��othcr hazurds,including
<br /> floods or flooding, far which Lendcr r�yuirc� inwr;tnce. Thl� in+uri�nr� �hall hr mainlainrd in thc amounts and for thc ,
<br /> . tarm s+►zx vi�� rr�+.c�•:���n n�,l���.�, �
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