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- .; __—"- .- .. . _� - � _..; .:.tW.�:.�7-;�� : , _ . , _. .; ---.� --.6.rLri6cu#61 � ``-�.- ,�c. • .. � ,93- sose�s - '1'OOLTIiBR W1TH a!!the imprwemeat�now or ha+e�fta croctod on�hc propertY�ud all e�uemcnu.appur�en�nce�. o .- �rw!ttxwra now a ha�wfler a pct of the prap�ty. A11 repincemenu md addidons sh�li�1�P be coverod by thi�S�cudty . Iwd+inbnt: All af die taoejoia�i�rotemed to in thl�Sacuriry In�trument u d�"PnoP�Y•" 13pRROWER CAYFNAN1�ttuu Bortowa is lawfulfy uised ot the WAta haKby comayed�nd tus U�a d�ht to�nnt w�d caivey thep�nperty�nd th�t the Propesy ls w►encumbered.except tor encumM�r�cea of rocord. Bormwer wart�ntf�ad wW deknd�emerdiy tbe title w Ihe Ptoperty�atnu�ll cldms�nd demands.subJact to any encumlxances of recard. � 'Ri[S SBCURTCY CNSTRUMBIVT combines uniform cavexuna for nWaul u�o and non•unifam covenmt� wUb lia�ited rw�iations by juti�dictbn w cw�ctttuto a unlfoRn ceeurl�ty inattument coverinQ real property. UN(FpRM COVSNANT3. Botrower�nd l.ender covenaat and�grx ae folbw�: 1. P�yma�t o�Pri�dpd�od Istae�ti Pr�W9n�t�ad Lue Clu�rQa. Barrower ahall P�'omP��Y P�Y wha�due!he pritroipwl af pnd intm+est on the debt avidau.ed by�iie Nate uid�nY propayment and Iwto chuges duo w�der the Note. Z. Fbads tor'i�es�nd lowraaoa Subject ta Applicable law or to a wrltten w�ver by I..cndar.BoROwer dwll pay to L,ender on.tho day memthlY p�ymentc aro duo under tha Noro.until the Noto is paid in fi�ll.a sum f"E§u►ds")for:(A)Y�Y . ---� wxec and.asscssmcnts whfch muy attain priotity over ddc Sww'Ity [nsuvment ss A Ilen on tha Prope�ty;(b)Yearly le�sehold paymenta or g�ouod rcata on Iha Property. If any� (a) Yearly hwurd or Propert!' in�umnce prcmiuma: (d) Ye�rly flood insumnca p�miums. if any; (e)Yeuly mohgage Insurance promiums.if any; and(�eny sums pxywble by Borrower w L�cnda,in accordaace with tho provisians of pAragraph 8.In lieu of�he paymant of motigage insurence premiums. 'll�ese items ars cdled"F.scrow Items." Lender may.at anY time.colloct and hold Punds in an amount not to exceod tho m�ucimum amaunt a la�der fot a federally rolated mortgage loan may require for Bomower'�escrow ucount under the federal �Leal Estat�Settlema�t Procrodut+es Act of 1974 as amended from dme to Nme,12 U.S.C.�2601 et seq.("RESPA").unless�t►otAer law that epplies to the Funda seta a lesser amaunt. It so.Lender may,at any time.callact and hold Funds i�an amount not to eacad tha lesser emount. [.ender may estimata the amaunt of Wnds due on tho basis of cument dan and rc�son�ble e�dmatas of eapenditurea of future�scrow Items or othenvise in accordance with applicable law. Tha Punds shdl be held in an inetitution whose deposi�s ar+e insured by a federal age�cy.insdumrntality.or entity (including Lender.if lxnder is auch un insdtution)or in any F�ederal Homc l.oan Bank. L.ender shall apply ihe Flmds to pay the 6scrow Items. Lender may not charge Borrower for holding and applying the FLnds.annualty analyzing the escrow account, or verifying tha Escrow Itemc. unlees l.ender pays Borrower interest o�the Punds and applicAble law permits 'L.ender to make auch a charge. However,l.ender mayreq uire Borrower to pay a ane-Ume charge for An independent rcal eatate tax reporting servlce used by L.ender in connection wlth Ihis loan.unless applicablc law provides atharvvlse. Unless an agreemont ia mede or appliceble law roquires i�tenest to be paid,Lender shall nat be required to pay Bomower any interest or earniqge on tha Funds. Borrower and Lender may agree in wriQng.however,that interest shall be peid on Ihe�nds. Lender ahWl give to Borrower.without charge.an annual accoundng of the Fl�nds.showing credits ead deblts to the F1nds and the putpose for which each debit to the Fhnds was made. The Funds are pledged as addiNonal securiry for aU sums secw�ed by this Secudty Instrument. Ti ibo Fumi�i�cld by[.ande:axcced the amauats permistcd io be htld by appllcsble law.Lender sttel! acrcwnt to Borrower far the eacess Fl�nds in Accordance whh the rcquirementa of applicable law. If the amount of the Flmds held by �._ _ Lender at eny time is not eufticient to pay the Escrow Items when due,L.ender may so notif'y Barruwer in wridng,and,in such case Botrower ahall pay to l.ender�ho amaunt necessary to make up the deficiency. Borrower slu►11 make up the __ deflciency in no more Ihan twelva monthly payments,at l.ender�s sole discnation. Upon payment in full of all sums secur�d by�his Securiry Instrument,Lender shall promptly retund to Bomower any -� ------ 61nds held by Le�r. If,under parngraph 21.Lender shall acqujre or sell the Property,[.ender.prior to the scquisition or --�`°--- sale of the Property. ahnll apply any Fl�nds held by I.ender at the tima of ecquisition or sale as a credit againat the sums ------ secured by this Security Inswment. --��-� 3. Applicatian ot P�yments. Unless applicable law provides otherwise, all payments nceived by i.ender under �—�-- paragraphs 1 end 2 ghall be applied: first.to any propayment chorges due undor the Note;second.to amounts payable under � paragraph 2;thW.to interest due;fau�th.to princippl due:and last,to any late chazges duo under the NWe. - _ -