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<br /> ` � : ; �wrrx�n�r��a�«�nea,�p�cy.�aau�.�.
<br /> � � imd fuauesboa►cr�fia�eafter a puc of`the piopacy. au�epl�oatia�ts�a.�iaorts sldl ptso t�e bo�+eroa by,t�is soauicy .
<br /> Ins�me� Ail of the faegang is r�ean�ro in dtit�eattity Iact��t.as�he•"Pcopeny.' ` � ` ..' ` � . ,
<br /> - B�RROW�R t�(3V'ENAI�T!'S d�t Bomayver is�y�of the sstate henedyronveyed and has ti�dght to gr�nt
<br /> aad oonvey the Ftoppty aad tAat tbe Pmpe�ty u wkac�heced,except for eavm�aaces of tecocd BoRUwu waitants aad �
<br /> �., wUI de�eod$ata�lY the titk to tbe Ptopetty agamst ati ciaims sad demands.sabjett to a�r encnmb�ai�o�s af z+a�k .
<br /> - - - >- - - 'fHfS SE�IRTI'Y IN�IRIJMENT`sombines mtifam coveaants fa�mrional use aad nat-unifacm caYenants 9ruh --
<br /> -°— _ timited variatioas by ja�dic�n to ooast�nne a uaifam'socurity i�um�t cover6�8�P�PC�Y• � . . �
<br /> ��. �UNfPORM CQV@1AN1s. Bo�ow�aod l.en�er cavprq�c aad agrre as follbws:
<br /> - � . L pl�eat dPtS�ipt1 aMd Lk�Prepa7�aeet ad I.�e.Cl�af�.s. Botmwer s1�a11�CamP�Y P�Y wt�r due the _
<br /> -�_� � p�inccipai a�f and'uqea�ast an the debt arWer�oed try tbe 1Vote ud aay p�epayment�d(a�e chuges due under tba No[e.
<br />_-- ` � ' i �L�ds[ar'�e3 stl I�sura�oa•Sehject tu applicable law or to a written waiv��y I.ender.Boriower shaU pay to .
<br />_ - `Lentla on tl�e daY��Y FjY���e rdut�mder the Nate.mar't dle Naoe is p�id in fo11,a-su�t("Funds"?foc:ta)Yea�ly . � .
<br /> �_ <•. qxes apd as�ma�ts which tray�aq�it►pricxity aver this Sewtity lasdument as R lien on tLe PtopE�ty:(b)yeady kasebold .
<br /> __:" �yma� or.gcnund tents an the PtopeAy.if any. (c)Yea�tY hazacd or propeity iasurabce p�emi� ld)Y�Y �� . _ --
<br />-�` ��P����'(c)Y�Y�iasurance pr+en►iamc.if any:and(�anY sums payable Ysy Bnrrawer to
<br />�', ' i.eiWer,in accordar�ce�tlt tlie ptuvisiaas of patagtaph 8.m tiw of 1he�aynxnt of mat$age iasiaar�oe Ixemiu�- 7'dese -
<br /> items�e q]!ed"Escc+aw Iteqis." i,ender may.a�t any t�me,collect and hold Timds in aa amount mt to,e:ceed tt�maximwn'
<br /> ' amount a'IerWer far a f«!aalty tebteil awrtgage loan may requite for Bocrower�s escrow accouat under tbe federai Real _ -
<br />" EStaCe Seakment Pracedtues Act of 1974 as�han tirt�e w,time,l2 tI.S.C.§2601 et seq.("RESPA),unless ano�her --
<br />- law t�at applies to the�u�ds sets a Iesaes amoimt. If sor.l.endcr may,at any time.coTtert aud hold Funds in an a�uu�t w _ _--_
<br /> - e�ceed t6e lesser a�nt. i.ender may esti�te tl�amoum of fvnds dae on the basis of cument data a�reasonabte �,-._�
<br />- - , �of eupeqdit�tas of fuWre Esc�nw Items or otherwise in accardarice wiib applicabte law: � . • �,�_
<br /> '- 1Ue Tvnds slraU be held'w aa eastiwtion wfiose deposits are�ued by a foderal agency,inst�um�talitY,or eatity - __
<br /> rinctad'u►g l.ender.it l.ender is such an instit�)or in any T�deral�iome Laan BaNc. t,ender stiatl apply tLe Fiuids w pay �-_,=_
<br /> � thc Escrow Items. I.c�der may nat�charge Borrower for holding and appiping the Tvrtds,annuallY�Y�B t1�e�crow �"���-_
<br /> �=�?--'-;�'`�." axuunb or verifying tbe Escrow Iterns.unless Lender pays Borrower intenest on tbe Funds and appiicable law pc�mits } ���.
<br /> , - '=Fr.:..+ ' �•�:I . �-�
<br /> ���- �.*- *�,.��a_s _ i.ender to_m�e strch a eharge. However.I.ender may requae�otrawer to pay a one-time cUarg�far aa iridependent real. = ''�`_:
<br /> `„- • �; ' estate tax service osed by Lender in con�tion witd this loan,tinless a �cable taw vides otiien�vise. LTatess an _
<br /> reporti�g � P� �'=w;� '`�:��.--�
<br /> '' '�z=:�`�'�: agnper�ent is rrr�de os applicable law requires inte�est w be paid.Lender shall aot be requir+0d to pay Homawer anY inte�est or :-::�_i--
<br /> , :;,�=._ ...;.` rr.� �=�
<br /> ,�:�t:i�>._�;�z:- � eamiugs on the Aunds. Bormwer and Ixndet may ag�ee in writing,how�.wer,that interest s1�a116e paid on die Funds. I.e�tder . ��:'�,.. :
<br /> oee I.e tder �
<br /> • �. . • . •. shail give to Borrnwer,without charge.aa annual accaunting of the Funds.showing credits and debits to the Funds aad the ��"�`_- -
<br /> '�'=�;�'.-.,;• " pucpose for which each debit ta tke PWnds was made. The Funds are pledged as addiaonal s�curiry for alI swns serured by �` ��:fi:'=
<br /> .` ��''� �_-�'� this Secmiry Invttw�t� � ---.�
<br /> . .. , ' ,�.��'��_-
<br /> �C� If the Fands hefd by L.ender exceed tLc amamts perrnitted W be held by applicable law.Lender shall acca�nt to �=-,_��_�_::
<br /> ��� ':.;->-.'�•.:.9
<br /> :;,�� Bornower for the excess Funds in accacdance with the requirements of appficable law. If the amount of the Fands detd by
<br /> acc c ance y�;�,;;,�.;
<br /> ���;r "`- ��•_ � I.eiMer at any tirtie is not sut�'icient W pay the Esccuw Items whea due;l.e�der may sv aoafy Bomawe�in writing.and.in - ..r, _
<br /> such case Borrower shaU pay w I,ender the amount necessary to make up tiie deficiency. Boirawer shali mate up t1re ' .., - _
<br /> :;a:�::�• ' . :.�.�: ':� . '�.�';_+.:� '-
<br /> - ��,,.,-,::-..;:.. . -. deficieacy iri m moi+e t6an twelve monthlY paYments.at l.enderk sole discrctioa. ...,;3;;.:_
<br /> , .. UPon PaYment in fuU of all sums secured by this Security In.�tcumen�Lender shall pmmptly refwid w Borrower any . �, ,::• ,_
<br /> • -. . _ Funds heW by l.ender. If.under paragraph 21,l�ender shall acquire or sell the Praperty.l.ender.prior to the acqnisition or � ,
<br /> � : . . � sak of the Property,shall apply any Funds hetd by Lendc�at the time oF acquisition or sale as a credit against the sums 3:
<br /> _ . _ � • . secuted by this Security It�strurnen� • . -
<br /> . ,.. • ' . 3. Application d Payments. Unles.s applicable law provides otherwisc.all paymenu raxived by i.ender under ��.
<br /> ,•- , , �: P�S�P�1 and 2 slialt be applied:first.to anY P�PaYment charges due artder ihe Nate:second.w amounts payable under � .. �...u�_,
<br /> j, ":.1:� paragraph 2;third.to intemst due;fourth.w principat due:and last.w any late chatges due under the Note. � _
<br />�� - -- - a. Char;es; Liens. Borrower shall pay all taxes. acsessmenu,chargea.fuus aad imposi6onc auributable to the . _
<br /> . - . • pr�perty which may auain priority over this 5ecur�ty tnstcument.and leasehofd paymenu or graund rents.if any. Borrower . •
<br /> ' • � - �shall pay these obligations in the manner provided in paragrapb 2.or if not paid'm that manner.Bortower shat!pay them on . - . .
<br /> - • �- -��-- - time dlrectly w the person owe�paymern. Borrawer shall promptly fumish to L.ender all notices of amounta ta he paid under _ :,_ ; _ •
<br /> • , • thls paragaPh. lf Borcower makes these payment�directly.Borrower shall promptly fumixh to Lender receipts evidencing : •'
<br /> '.� ' ,, �Bo�shafl promptly discharge any tien whicb t�as priority aver thic Security fatitrument ualess Borrower.(a)agrees �, .�
<br /> . .. in wridng ta the payment of the obligation secured by the lien in a manner acceptable to L,ender:(b)contests in good faith the.. __ �
<br />- _ ' • � lien by,o�dePertds against enfacement of the lien in.legal praceedings which in the Lender c opinion operate to prevem the • �,
<br /> ;; . ' . ' ���� enforcement of the lien;or(c)secures from the holder of the ticn an ageement ratlsfactary to Lender subordinating the lien � �-` - � � . -��-
<br /> ; ,�: •: . � to this Security Inswment. If Lender determines that any pan of the Property is subject to a lita which may attain pdotity
<br /> F�" . over 1N�s Security Instrument,L.ender may F,ive Banower u noticc identifyins the licn. Hoaower strall satisfy the lien or take � 't
<br /> 1�.' •_._�. one or more of the actions set forth pbove within 1b days of thc giving of noticc. �.
<br /> - ,� ° - S. Naa�M or Property lnsuranca Borrower shall kec�the improvements nov►f cxi�ting or tteneafter emcted on the � � � _
<br /> " . . . Property insured against[oss by fire.hazards included within the tem�"extended rnverage"and any other hazards.iacluding G �
<br /> '. , floods or flooding. fnr which Lertder requims insuaatce. Thiz inwrnace shall be maintained in the amouttts and for the F -
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