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<br /> .. . ��[LS n111v O[ �[ i�R[t Of t11E jflO�li�t. L�D � sOd � 3bf11 i�SO bC OOYCIC� � i� $OaI��► '�
<br /> �OC�.�Of tbC f0[Cg0ti1�LS iCrltlC�L4�lb`L4 SCt�It1E�►�;S�IC��y..`, �, . .
<br /> � � HO�ttRQW�R CbVENANTS ttt�t�ornaar�js txwfuliy s,ase�d of th�.eswte.LecebY cam►eYe��d Ms tbe rigtnt to gt�qt a�d�
<br /> � 'aoarey tbr PEapeity aod tbat!he P�vge�ty is uneqaut�ba�ed.sxdep�t-fnr�eoaltm�rs af�d.,Batrax��vu�and v�1
<br /> ' det�tod�ga�aaliy�the titie co tl�e Pnnpexty a�al1 chith4 and ddm�ds.snE►�t td anY mc�mb�anoes of re�oM. ' �
<br /> • ` � 'THIS¢E�JRiIY I�SIRUM�Ff'ooa�i�aniform covin�a for n�tio�!nse and non-unifarm ooveaants witD limited _
<br /> v�e�#hr�sd�t�e�ast�uuca,�tfure�see�ri�€i���r- - - � � - -
<br /> ` �C�DY�1�tANTS.Bozt�re`r pad leuder aovcaaot aod agree as fottows:� -
<br /> � �..?l��ieit ot Yti�Cipd ad IMta�R+�ry�a��tl I�t C�es. Borrovrer sh�il:P�Y lx►Y virben due t6e _ •
<br /> pii�t of and intenst on the debt evideoced by the Nate atxl aay p�epsyment aod lats�rges du�undes tbe Nute. `
<br /> . Z.Fwiae iarT�sd b�ea�ae. Subject w:appl'sca6te hdvv ar to a vrritten vv�dver 6y t:�uda. B9rmwer sh�il p�y to,f
<br /> ,� Irnder oa tbe day mantlJY P1Yments a�due upder tlye Nate.until the Note i�p�id in fu11,a smn('Fands'j for:(�)yeutY taxes
<br /> ad asse�ne�s which may�ttain prioriry over this Sac�uEiry In�nime�ac a�m on We Ptoperty:(b)Yearfy leasehotd paymarts .
<br /> a gnoand reo[s at the�nopatg.if anY•.(�)Y�Y hazud or propeity i�utaoa pcan�ns:td)yearly flood�PRmiums+ .
<br /> _ if my;(e)YprIY mor�ge�p�emiu�.if any;end(�anY�1�Y��bY 8onawer m Iendcr,m aaootdanae wi4h •
<br /> _ t�pmvisions of pata�aph 8,in tia�of the payti�ent o€romtgdge�oe premiums.7�ese items�calted'Esccow Itat�s.' .. ,
<br /> "- Lmder maY,��9 time,boltx!_�d hold Fands ia an amount nat to exceed tbc coaxinnm��noa�rt a lender for a federaFl�r
<br />-- � tolatod mbrt8age loan may iequire for Borsnwec's escrow a000unt nndet the fedetal Real Estate SeuL�nent Pro�ed�nes Act qf
<br /> 1474 as amended from tirae:w time. t2 U.S.C.5eccioa 26111 et srg.('RESFA"J:ut�ss a�ther laWr tMat applies ib t1�e Fimds .
<br />-- � . sets a lcsser�ount.If so,L:ender may,az anY ti�.`roItect aad hold Ftmds in an amount not to exceed tde les.ser aa�ount. �
<br /> -- Le�rter may e�nte t6e amonnt of F�nds due on i6e bagis o!armentdata and�raso�6le�of e�e�cs u�f futr�e
<br /> � Esciow•Items or otLeiwis��aoou�dan�with applica�te Iaw � ` '
<br /> - The Timds strdU be he�d 'ui an i�sumtion whose deposits ar+e i�tsunod by a fedaa! age�cy, insEntmeeua{ity.ar cadty
<br /> (includiag Lender.ff Lender is sucG aa ir�titntionj or�amr Federal Home Loan Bank.Lender sirall apply t6e Fw�d�to pay the
<br /> F§crow Item�.Iender may mt du�e Borrower fo�hotding and applying the Fw�ds,aunmally analyzing the escrow accuuat,or
<br /> �verifqingthtEseenw Items.w��ecpays�o�i�awerint�er�t oit ehr i�unds_and applieable taw permets beMer m�such
<br /> a charge. However.Lerder may require Borrower to pay a one-time charge for an iadepe�Went real estate tax r+epvrting se�vioe
<br /> `� asod by lxadcr in vom�ection witb ttus loan. miless applicable�1aw P�vides dherwise. Unless an agreeroent is made or
<br /> - - applic�ble law nequires interest to be paid. Leader s6afi not be required w pay Borrower any interest or eamings on the Fnnds. =
<br />- - ` Bomnwer a�I.e�rler may agree in writing.however.tt�at interest slwtl be paid on the Fvnds. L,eixler s6a11 give w Borrower, _— __
<br /> _ wtthout charge,an annuai a�ounting of the Funds. showing c�+edits and debits to the Funds and the purpose for which each
<br /> . debtt to the Fwds was�de.The Fuads are ptedged as additional security for all sums secvnad b��this Sea�riry Inshun�ent. • . _.
<br />- If the Funds held by Lender exceed the amauras permittod w be beld by applicabte law.Lender shall accowrt to Bormwer
<br /> ' � forthe e�ess Funds in aaanrda�xeaith the re+qairar�ents of a�plicablc taw. If the amount of the Furds Iuld by Lesder at any --
<br /> - time is Aot saffocient to pay the Escrow Ite�when due.i,ender may so�oafy Horrower in writing,and.in such case 8orrower . _ —
<br /> _ . '.:,- shall pay to l.endei the amount necess�ry ta make ap the deficiency. Borrower shall mafce up the deficiency in no more than --F
<br /> " . ..-�.�`�-r:=-• taretve monthl ments.at Lxnder s sale d'ucnetion. ��� .
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<br /> , ,_- Y PaY •'.�."�•
<br /> Upon payment•in full of af!sums secured by this Security Insanme�►t, Lertder shall promptly refuud to Borrower any "�`-'�
<br /> _ ..• ��:'�F-
<br /> '� .R.�. .�.�,o�,;^
<br /> ,���+�;- , Fands held by l.endes. If.under paragcaph 21.l.ender shafl acquire or seA the�aperty,Lender.prior to the acquisition or sale .�l�
<br /> --���•,:
<br /> of thc Property,shatl appty any Funds held by Lendeet at the time of acquisirion or sale as a c�edit against the sarr�s secure�by ;s':=:i;,�;
<br /> this Secariry Instrument. ' � "``�
<br /> ' 3. p of P!� Untess licablc law vides othetwise.all �� � ,
<br /> APP��� Y� aPP P� PaY�QU receive�by l.ender under P�S�P� '-� --
<br /> �`=- l,and 2 shaU be appliod:first,to any p�epayment charges dae ur�der the Note:seco�,to amotu�ts payable under paragraph 2:
<br /> f� ""w`�''+: third,to interest due:fourth.ta psincipal due:and lasl.to any late charges�ue under thc Nate. , ' � '•,�
<br /> �?• ��'�'� � 4.ChaEges;�.iens.Borrower shali pay up tuxes.ssssessmrnts.chargey. tlnes and impasitions attributable ro the Prope�4y - '
<br /> �_.,,
<br /> . .. �a-
<br /> ,.,,a.�;= . which m�y uttain priority over this Securi[x Instrument. and leasehold paymenu ar gmund renu, if any.Borrower shall pay �� •. y
<br /> � these obligations in the manner providal in paragraph 2.or if not paid in tfiut manner.Borrower shal!pay them on time directl,y . �.,.�,�—
<br /> � to the peeson owed pryment..Borrower shall p�omptly furni�h ta l.cnder alf natices of amauni.s to be paid under this para�aph. ` -`:;:.;.-
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<br /> �. !f Borrower makes thcse payEt�en�s dircrtty. Borrower shall promptty fumish to l.eruier receip�c evidencing the payments. _---
<br />";:f .;�<,« ` Borrower stmll prompUy di.scharge any lien whicb has priarity ovcr thic 5ecurity,lnstrumcnt unless Banoiver.(a)ugtcPS in • .:-� :� ;
<br /> ;�:�°�' arriting ta the payment af the obligatian socured by th�lien in�mai�ner aaxptable tn Lencler.(b)contests in�od faith the lien, ; ;�
<br /> ��•". by.or defends against enforcement of the lien in. Iegal pmcecdings whirh in ttu Lcncfer's �inian aperate to pn.wcmt the � ' -
<br /> , µ �;!;�;t;,,°� enforcemem of thc lien:ar(c1 se�cures fmrri thc holder af the lien an agrccmcm�atisfact�+ry to I.crtdct subordinating thc lien ta : __ .
<br /> ...;iK•- ' , lhis Security lnstrvment.[f l�cmdet determines that�ny part of the Prnperty is�ubjcet to a lien which may attain priarity nver _
<br />�`� '-� � ' this Se�vrity instrumem.Lender may give&�rrower a Rc�tice�identifying tfie lien. Bonnwer tihall�tisfy the tien ar take hrte or - � . �
<br /> , moce of the aceions set forth above witfiin 10 duys nf the givinr of notice. �
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