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<br /> il�OO�tIEj f�IC Y/OpQtSI��l�2 t11C�CO�i[y tS pp�Gffib�[Cd,!�[CEQ[f0!�bt�tOGS Of lCCOld. BOROWlt W9�S�
<br /> , w��ef�d ga�aally die atie�o.the PmQercy a�au aU daims and�ea�ands:snb�w any�of ra�ord �
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<br /> — - 't'�S�i'!'iF iNS#RII�iT o�sa�ifcan�fus�al flsc and�ft�m rovenants with , . . -_
<br /> _ ' limiud vaaations b�r ju�isdiaroo ta oortstiwte a unifas�n seauicy it�s�t cavaiutgt+eal propetty. � � �
<br /> =- . IJNR�dRM C'O�Baro�eesand I.eadet cuva�qc aud ag,roe as foltows.� - _
<br /> -- :? � ' L �d Pri�ctpat atl Lte�PreWy�eat a��.ste•(�. Bormwer strall P�Y PaY�rhan due tbe�
<br />--�`~-_ � . ptincipot of abd inte�t an the c#d�ev�de�ad by�No�t aod any pn�symau 9md late�S�e imder the 1�SoEe. . . :
<br /> - -- — � �. t�•as�r�mr�or� s�n,�aFo�r,���o�w$�u��Y���e«���nt�r� .
<br /> _ : LeMer on t�de day monthty paynxnu m�e doe nndar`tite Ncste.mml tue Note is�aid ia full.a smn("Fmids"3 for:(a)YearlY
<br />--- , tues�id ass�us_which ma}r�pnh piiority m+er ihis Seaaity Insd'ume�u as a liat on tbe Plmpaty;@)7�Y�� �
<br /> - � paymenu or g�1 nats«,a�e Acopec►y,if any, cc)yrr�ly h�mna or propeny insuranoe premiu� (�yaufy aooa . �
<br /> � �P�.��Y:(e)Y�Y�Se�P��.if aay;�nd(�anY�PaY�e b�'Bamwa w .
<br /> � - I.wdar.in aacordanoe.wnh ibe pmvisions of paragrapt�8,in lie�of tbe paymem of mort�gS i�¢anc�pemioms. 'Ll�se —
<br /> � iums m call�ed"Esc�ow itc�as. l.eader may,at any ti�conecc�bold T�ds ia an amoti+m noi w exceea tt,e a�vcimum -- -
<br /> �_,t ' .. arao�mt a knder fa�r a federaIIy related mortgage laaa may trqui�e or Borrower's escrow aocom�t mider 8ie federdl Rral , ,
<br /> -- . • Ecta�Ie Sarie�u P[oadu�rs Act of 19?4 as apaended fram_tiaoc to fime.,12 U.S.C.$2601 et seq.("RESPEI").unle�auotlxr ' -
<br /> - law tltat apQlies to tbe F�ds-sets a lessw arirow�t. If so.I�end�may.at any tima�cdiect and boW fimd.�in�n amount not to�. �_
<br /> - exceed Wr Ie�er arnouat Lender may esrimate tbe ama�au af Fusds dae oa the b�sis oY cursent data and reawnable • • w_—=
<br /> estirtnte.s of expeadinues af fi�are Escrow Ite�ac a aherwise in ac�Cac witd applicable'iaw. �� �--
<br />: . The Fiuids shati be hield imen institatiou ahose deposits ane ias�ited by a fe�erat agency.inst�umentality.or entiry ' -
<br />- ' Cmctndmg Lenaer,if t.ender is such an insaartion)or;n any r�cac�a�Home l.oan Bank. Leoacr shau appty the r�uuls w pay ��`-=
<br /> en e �.�-;
<br /> -,:�.�;;;.�:= tbe Escmw Items.' l.cnder may not chaazge Sorrower for holduwg and applying ihe Funds.annually anatyzing the escnow =�:;:.��
<br /> .;' .� ..�-_. aocuun�or verifying the Escrow Iteans.unless Lender pays Borrower inteaest on the Fvnds and applicable law pem�its
<br /> _ �-��:��_a_`;�_ -_ �. - l.endet W malce such a charge. However.l.xnder may_require Bomnwec tP L�Y a w�c-time char�e for an independeat t+eal �
<br /> - . estate tax�eportiag aervioe.used by Lender in cam�ection with this Men.unless applicable law pravides otherarisc. Unless an .. -
<br /> � .���4r-�` •�i..• ' agneement is made or applicable law.requires inmrest co 6e paid.Lender shall not be tequir+ed to pay Borrower aay interest or ; ,�4_
<br /> _ :.„.�.;-:,.:•�, pmfi�s oa tbe Fatads. Bomower and l.ender may agree in wriung,huwever;that intecesc shall be paid oa the Funds. l.ender . :-
<br /> . :� ,�s.•.. shaU give w Borrmver�without charge.aii a�ual accou�ing of the Pands.showing credts and•debits to the Funds and the • .. -:'._
<br /> �-�=�`"�,_- • ptuppse for whicb each debii to the Funds was made. The tamds are pledged as additional security for ati sums sece�ed hy • . . �
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<br /> ° Botrawer for the excess Fueds in ac.00rdance wi�the requirements of applicable taw. If the amount of•the Futids held by � '.-. =�
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<br /> �� , -.,: . . I.ender at aay rime is not sufficiem to pay the Esciow it�ms when due,Lxnder may so ratify Bmtower in wriiing.and.in ;���'_.-_
<br /> . � � � sucb case�arrower shatl pay to Lender the amount necessary to make up the deficiency. Bomnwei shall make up ttte
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<br /> :. -- - � - . defioiency in no more d�an tweive morNt+ly Paym�ts,.�I.ender's sok discretion. . �� ;;,::- ;�
<br /> ' . '_ . • Upon paym�,mt in fWl of all sums securr�l by this 5ecurity Instrurtient,l.ender shall pcomptly refund to Barrower amr - . =
<br /> • ' Fur�ds held by Ixnder. I�under paragraph 21.l.ender shall acquire or sell t6e Property,Lendcr.prior w the acquisirion or
<br /> .. . ., sale of the Property.shaq appty any Funds held by Lender at the dme of acclnisition or sate a.g a cred'u aga�nst the snms .
<br /> _. . , ':..'.- secuted by this Securiry In§aumen� � � . .
<br /> _' - . •3. Applicatbn ot Artymmts. Unless appficable law provides othcrwise, all paymen�S received by L,ender under
<br />_ . ,V ..'� � " Qaragraphs 1 and 2 shall be applied:first.w anY Pre�►yment charges due under the Note:second,w amoums payabte w�der ' . :
<br /> .:~ ;. parag�aph 2:thiN,to interest due:fourth.to principal due:artd la4t,to any late charges due under tM Note.
<br /> • 0. Clqirg�s; I.iens. 8orsnwer.rhall pay all ta�ces.assessments.charges, futes and impositions atuibutabie w the ' - �,
<br /> , " property whicb may attain prioriry over ihis Security ln.suumen�and leasehold payments or ground ren�c.if any. Bomower
<br /> •_ - - � • � � • � shall pay these obligations in the mann�r provided in paragraph 2,or if not paiA in that manner,Botrower shall pay them on ��• �� � •
<br /> . - ' � �� � -- time dircctly w thc pergon owed payment. Borrower shal!prompdy fumish ta Lcndcr all notices of amounts to be paid uttdcr �.•'. "._.�
<br /> ; ' ' ,: . ths�'s pazagraph. If Borrower makes these payments directly.Bortower shaQ pramptly furni.sh ta l.ender mreipts evidenc�itg
<br /> . . PsY�n ' ��. .
<br /> � " .,. ,�' : .. . Borrower shalt promptly dischar$c any lien which has prioriry over this Security Irtstrument untess Bvrrower:(a)agees . .
<br /> � - � ..,: �. . � • in wrting Co the payment of t�e obtigatian tccurcd by the lien in a manner acceplablc to Ixnder.(b)contests in$ood faith thc �...... . . .�
<br />- a. • lien by.or dcfertds again.st t,mforcement of the licn in.legal proceedin�which in the Lender's opinion operate to prcvent the ( ; ` "_
<br /> - ^'� � �� ��--- -� . enfoncemedt of the lien:or(c)secures from thc holder af thc lien an ugreement satisfactory to Lender subordinating the lien ` -�--�,- - °
<br /> • to this Security Instrument� lf lxnder determines that any,part of thc Prnperty is subject to a lien which may aitain priarity . `�
<br /> ;'� . • over thjs Securiry Instrumem.l.cnder may give Borrower�aoticc identifying thc lien. 8onower shall sati.sfy tde lien or take � �
<br /> r�,��_`, _ _ `� one or more of the actions set forth above within 10 days of the giving of notice. . ' i _ �
<br /> - - �- - � , 5. Haa�Ird ot Praperty Insuranca Botrower shall keep the improvement�c,now eaisting on c�reafter enected on the k, � � -
<br /> _- . . . -�- Property insured against loss by fire.hazards included within the term"eatended cavrrage"and any othet h�ards.irtcluding F=.
<br /> • � . ' floods ar floodins, for which Lender requires insurance. This insurance shall be maintained in the amounts adii for the �I -.� �
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