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<br /> T4O8'['HBR 1Vi[H dl tbe itnprovementr now ar heroaAe►�1ect4d.an 1he p�operty�ond dl euemmu,�pqutaunca�
<br /> �d flxtura now or Iwa�ller a pNet ot tMe propaty. Al!�wd�ddltiau du�ll�Iw b�covaed by d�S�a�tity .
<br /> Ia�rumaiG All d 1Le fare�oln�i�rCfi�red to jn thia 9ecurity lntttu�na►t a�the"Froparty." .
<br /> 'BORROWLR G�OVBNANTS th�t 8arower it I�wfblly�ebcd af the e�t�to ha�+abY convayed md fua tho ri�ht ta�nM .
<br /> and convay thePrnp�ty�nd thu the Noperty i�uncncumberad,exoept tor encum�a of rocoM. Barower wartana ond
<br /> � wUl daFawl�ena�liy the dtle to�he Pmperty s�imt�II cUlnu ud demmd�.rubjax to ruy encumbavioiei of recad.
<br /> 7WS SEGtJRITY INSTRUII9BM'combinoo unifami covetunp for netional u�e and rion•uniform covanat� with
<br /> limited vuiuiau by juri�dlcticm w co�ndtute a uniform savrlty inwun�ent corerinQ ral property.
<br /> UNIPORM COVENAIVI'3. Borrower an�!L:ender cove�unt and a�nee a�tolbwa:
<br /> 1. A�ymeM of iMoclpMl u�d I�teratt Prep�yme�t a�d L�te CMu�a. Bormwer ehell PromPUY WY�dua tba
<br /> �d and in�erest on the debt evldenced by the Note u�d�ny prap�yment and I�te chugeo due under ihe Note.
<br /> FWrI�t�r 7�urs�nd la9nraaoa Subject W applicable law or W a written waivcr by Lender.$oirower shtll p�y to
<br /> 1,pW�r on d�e dUr anoaitb�ly pnymeow�re due wider the Nou,until the Nota is paid in f1d1.a sum("Fuoda"�for:(a)ye�rly
<br /> ta�ca,�dI�ne�eis wtu�enapr,�[t�tn prio�i4y ov6r tbis Secudty Instrument as a lien on tt�e P�roqaty:(b)�ri�r Ias9cMZd
<br /> p�yme�►9s a gra�ad raus on d�c Propeny. i�aay: (c) YearlY h�zaid or property insuraoce poemiunaa: (d)F��ar1F Ito�d
<br /> ' Ineurance pnemiums. if�qy;(e)yEad�r aaoetg�g� in9urance pnmiume. if anX:aod(t�+uU►aums P�yaDk a�r �an¢arre�r w- .
<br /> I.eader.in accordmce wfth the provisions of parsgRApl►8�in Ueu of d�e paYment o�ma�BABe�P��. '�se . . .
<br /> itcros Aro cnllod"6scrow Items." i.endcr may.�t waX time.collec.�k�nc!hodd�li�ods in+�amaunt no�to euoed tha meximum
<br /> amount a knder for a fedcrally roleted mortgage loan rna�}� �uai�o for 8orroMrerh esc�raNr accou�t w�der thc fedeml Roal
<br /> Estate 5eplemont Procedures Mt af 1974 as amended from Cuaao w tnme,!2 U.S.C.�2601 ea seq.("RFSPA").unless nnotlter
<br /> law�hat applioa to the Wnds aets a lesser Amount. If so,Lender may.at any time,co�ia�aw►d bold Funde in an amount not ta
<br /> axceal 1he leuer wmowiG Lendar may estimatez tho amount of Punds due on the basis of cument deta nnd ceasonnbk
<br /> aotimetes of expendltu�es of futw�e Escrow Items or otherwfse ia uccordance with appUcable law,
<br /> . Tho PUnds alwll be held in an institutlon whose depoaiu are incurod by a federAl agency. ineuumentelity.or entity
<br /> (including Lender,if Lender is sueh an inetitulion)or in any F�ral Home Loan Bank. L.ender shall apply thc Punds to pay .. '
<br /> the Bscrow Itema. I.�nder may not charge Barower fw holding and applying the Fuads, annually analyzing the oacrow• ,
<br /> aocount, or verifying the �scmw Items,unlass l.ender pays Borrower interest on the i�nds and applicable law permits ;
<br /> Ler_!e►�M make such a charge. However.L.ender moy rcQuine Borrower ta puy a otle-time charRe for an independent r�ea)
<br /> estate tau repoNng servicc used by I.cnder in connecdon wlth�his loan,unless Appliceble law provides othervvise. UNess an
<br /> agoeement fs rtwde or applicable law requires intcrest w be paid,L.ender shall not be rcquired to pay Borrower any interest or •
<br /> eamings on the F�nds. Bortower and I.ender may agree in writing,however.that interest shall be paid on the Plutds. L.ender •
<br /> shall give to Hornuwer,without cherge.an annual accounAng of the Wnds.showing credits end debits to tho Funds and the
<br /> purpose for which each debit to�he Pundc was mado. The Plmds ue pledged+�Addilional security for all sums secured by
<br /> this Security Instrument. •
<br /> , !f the Punds hdld by l.ender eacad the amounts permitted to be held by nppiioable iaw.I.ender shali accoun� io
<br /> Borrower for�he cxcese Funds in accotdance wUh the requiremems of applicable law. If the Atnount of the PWnds held by
<br /> I.ender at any t�mc is not sufficicnt to,pay the�scrow Items when due.Lender may so notiiy Bortower in writing.and,in
<br /> such cese Bortower shall pay to Lender Ihe amount necessary to make up Ihe deflcieney. BorrowBr shall make up the
<br /> deticfency in no more than twelve monthly payments,et Lender§sole discr�tion.
<br /> Upon pAyment in full of all sums secured by this Security Instrument.Lender shell promptly rofund ta 8omower any
<br /> Punds held by Lender. !f.under paragraph 21,Lender sh�ll acquire or sell the Ptoperty.Lender�prfor to the ecquieit�on or
<br /> sale of tha Pmperty. shall apply any Mlinds held by Lender at the time of acquisition or sale as n crodit againet the sume
<br /> seaural by this Security Inawment.
<br /> 3. Appllcatlon o�Payments. Unl�ss upplicnblc law provides othenvise, all payments recelved by I.endcr under
<br /> paragraphs 1 end 2 shell be applied:flnst.to nny prepayment charges due under the Note:second.to amounts payabla u�xler
<br /> � paragraph 2;third,to Inter�est due;fourth.to p�incipal due;and lest,to any lete chargea due under the Nota.
<br /> 4. Char�esi I.lena. Borrower shall pny all taxes, asscssmenus, chsuges, tines and impositions atMbuteble to the
<br /> Property which may uaain priority over this Security Instmment. and learehold payments or ground rents,if any. Borrower
<br />• shall pay thesc oWigations in the mAnner provided in paragraph 2,or if not paid in that manner,Borrower shall pay them on
<br /> time direcqy to the person owed paymem. Bortower shall promptly fumish to Lender all notices of nmounts to be paid under
<br /> this puagraph. If porrower makes these payments directly.Borrower shell promptly furnish to l.ender receipts evidencing
<br /> the payments.
<br /> Bortower sha11 promptly discha•gr any lien which has prfority over this Security Instrument unless Botrower:(a)egrces
<br /> in writing to the payrnent of the c�t+2a�ati.x:szcured by the lien in a manner ucceptable to l.ender.(b)contesta in good faith the
<br /> lien by,or defends against enforces:�e�u Of t�ee lien in,legal praceedings which in�he Lender�s opinion operate to prevent the
<br /> enforcement of the lien;or(c)sta�ues{'rom 1�c holder af the lien an agreement satisfactory to Lender subordinat�ng the lien
<br /> to this Security Instrument. If Lender detemra�nrs tha�any pan of the Properry is subject to a lien which may attain priority
<br /> over this Security Inswment,Lender may gicr Sarrower a noGce identifying the lien. i3orrower shell satisfy the lien or take
<br /> one or more of the actions set forth above vria�hin 1fl rlays of the giving of notice.
<br /> S. Ha�rd or Property Insuranee. �rauKr shall ll•�p�he improvements now exis�ing or hereafter erected on the
<br /> Propeny insured against loss by tire,h3zards included wilhiao the s�rm"extended coverage"and any other hazards,including
<br /> floods or flooding.for which l.ea�der requires insurance. 'fhis insuranoe shall be maintained in the amounts and for We
<br /> �m J02� !�'!� f/wRe 2 oj6 pogetl
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