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<br /> 1�Ci�"TFI�it WITH �t ths improvemena naw or heraft�r ereateA� th� i r���; uid�slt apan�t� t'
<br /> r
<br /> �a n Q���t u n s ro�v o r h a w t t�s p r t o t t h e p�a�e r t y.All r e p l�am�tt�nd tionr�lu�ll N�u bs ao�wd
<br /> �il�owit��r�I�n_�tnNnent.ALY of tbe tore�oln�is rofemd to in tt�M Securlty In�trument a�the•Prop�erty."
<br /> Q R R O W B��O V�V�N 7'�'4 1 ut B o�t�Owar i I t Ia w t W ly s e i�e d o f t h e eabt�h e n b�r oenvo y e d�n d I w r t h s r i�h t t o ��
<br /> � �t�At�nd conwy the P�+operty�tlNt the Pr+nperty i�unenoun►berod��so�pt tor enoumbntiars ot roo�rd. BorrowK
<br /> wutsnb and M i ll d�f e n d�ta l ly t h�t i u�to t h e�y a p imt�1 1 o l utn�a n d d�m u�.w b j e a t t o atyr enoum b�o�
<br /> d noixd. '
<br /> TH1S SECURITY 1NSTRUA�IF.N'1'combines unf[orm ooven+�nts toe n�donal we and non-w�torm oovawta ri�h f
<br /> ' limtted v�ri�tiau by_juriediction taoonRtitut4 a unitacm eecurity irq�wment voverin�e+e�!qr�perty.
<br /> UMPORM COVBNAN7'S.Aort�oMer�n�d La�der covanant and�aroe N folfowr.
<br /> ,_._._,--_...___ 1.Payrrwat ot Ptiacjp�l sad lntere�t:PreQsyment and Lste Char�ei. ��er.n.n��r ar���
<br /> tbe principl ot u�d intee+at on the dabt evicbnoed by the Note and�ny propyment�►nd I�te elui �es due under the Note.
<br /> 2. Fuada tor T�:ea a111� IOiY��OCO.Subjxt w applicaWe IsM or w��c�tten waiver byr Lendar�Borrower eluli
<br /> �s,yto Lendnr op,tbe day monthly pymonts aro due under the Nate,until the Nou 1s paid in tull�s sum("Fwud')tor:
<br /> )yeuiy 1ut�q�.i�ttd�eesementa Midch m�y attainpn orlty ovar thia 3acurity Instrument ae a lten on the Pr�perty:(b�
<br />_. ,y�rir la�uehnld p�ymsan ar grouad rean on t6e Property.N�nY: (a) Yaar1Y h+�zard or propertY inaun�ce p+amium� _
<br /> (d)yarly tloal�l�autunno pnotniur,ne.it any;{e)yeuly mart�e insuranee premiums.it sny;�nd(t1 any aums p�yable
<br /> by BorroMa�to Lender,�n��nce�ith the provlsion�ot pra�raph 8.in lieu ot tlu p�yment of mo��e inmuanco
<br /> premiums.Th�o itamq sps a�llal"F�croN Items."Lender msy��t sny tima,oolloct snd iwld Fw�da in sn unaunt not
<br /> ; eo e�coeed the m�ucimum �ma+me s landar for a tederally rol.tad mon�a�e lo�n msy roquim tor Borrowec's escrow
<br /> � a000unt under thp feder�l Re�l Bst�te$atiJemant Pe+ocedwns Act ot 1974 ss amended Imm time to time, 12 UB.C.
<br /> � Seation 260!tf ("R&S�'d!").unlas anothar 1�N that�ppliee to the Funds sets a la�eeer amow��!t�o.La�der may.
<br /> at,�n dme,c�oll��ad hql d�Funde in�n amount�npt.ttr eYCaed the Imaer amount.Lender may astimste the amount of
<br /> _ _._.__.._.T�.�,. � Pu��dua,on�the b�aia 4��unnmt cLta ind reason�b�a a�mater ot e:penditurae ot future BscroN Iuma or athe�wise in �
<br /> acoot�danae w�th,��{dtwbla lurv.
<br /> '�he�unde shNll�be hl�1d in�n inatitution ahaee deposits are insured by a teder�l aYency, instrumentality.or entity
<br /> (includin L.mider,iP X:m+d��is such an inatitution)or in�ny Pederal Homa Loan B�nk.Lender shall apply the Funde w
<br /> py the�R Imma..T..onder may not ehu�e Borrowar tor holding snd apply3ng the Punds,�nnually amlyzin�the
<br /> _ escrow aocount,o�voriPyl�lg;�IfO BBCI'+ON ItCfrfB,unlesR Lender psys Borrower intereat on the Funds and applicsWe laa
<br /> ------�: permita I.ender to ma�e�auph�i clu�r�e. Hoaevec� Lender msy roquiro Borrower to p�y a ane-time ch�rge toc an
<br /> _ in�endrnt ral estate tax t+epiortFn�aerviae used by Lender in connoction with this Iwn,uniess�pplicable I�w provides
<br /> ' otharwiee.Unlasa�n a�roerner�t ia madg an applicable law requires inurcst to ba p�id,Lencler shell not be roqwred to
<br /> py BorroNer any inurcst or arnin�a on the I�unds.Borrower and I.ender may agroe in writing,howover�that intercst
<br />--. �r� shMll be p�id on the Funds. Lender shall give to Borrower�without ahe�ge.m ennual�ccounring of the Funds�showing
<br /> -- -- — isrodita�nd deWta to the Funds and the purposo ior Which each debit to tha Funds was made.The Nwsds s�re pled�ed ae
<br /> ._. `n'�'�'" �dditinnv.axurity to�dl euma securad by this Securlty Inatrument.
<br /> - ' II'•the Funds held by Lender eicad the amounts permitted to 6e held by applicable law.Lender shall account to
<br /> --'m"°°' W� Borrower for tha excesa Funds in accordanee with the reyuirements of applicable l�w.It the amount ot the Funds heid
<br />���� by Lender at any dme ie not sut[icient to pay the Fscrow Items when due,Lender may so notify Aorrower in wriring,
<br /> .�,:�����..,�
<br />��;,;+� and,in such c'ase Borrowec shsll psy to Gender the amount necessary to mako up the deficiency. rrowe� e m e
<br /> �";.'�M' • � ' up the deficiency in no mare tben twelve monthly payments,at Lender s sole discrotion.
<br />�l.s••�.• - ,•
<br /> �r+zirl�':x•w` �:-. Upon payment in full oP all sums secured by this Security Instrument,Lender shall promptly refund to Borrower
<br />�+;}' . any Funds held by Lender.If, under pprngraph 21, Lender shall acquire or sell the Property, Lender. prior to tAe
<br /> �;�-: ��• acquisition or sale ot the Property.sfiell apply any Funds held by Lender�t the time of acquieition or ssle as a cr+odit
<br /> ,'• aBainst the eums securcd by thie Security lnstrument.
<br /> -"��,,;;,;,..,. 3.Application at Psymeats.Unless applicable!aw provides otherwise,all payments received by Lender under
<br /> •••;�v;�•p,;;, p�regrephs 1 and 2 shall be epplied:tirst.to any prepayment cherges dua under tha Note;socond,to amounu psyable
<br /> ►'�•'y` under perA�raph x.third,to intercst due;tourch,to principal due;and laet,to any late charges dua under the Note.
<br /> -= �'�`= 4. Chu$es; Lieaa. Borrower ehell pey all taxes.assessments.char�ca, fines and impositions attributable to the
<br /> � — Property which may attain priority over tt�is Security Instrument,and leasehold payments or ground rents. if any.
<br />_-;+'�l�r1y ��•�.� Aorrower shal) pay these ubligations in the manner provided in paragraph 2.or it not paid in that m�nner�Borrower
<br />�;��,,<,,..�.�.:." .:
<br /> yf�(Tt B�II pey them on time directly to thc person owed payment.Borrower shall promptly furnish w Lender all notices of
<br />;�i r..��, �.�•*, amounts to be paid under this paragraph.It Borrower makes thasa payments dirertly.Borrower ahall prompdy turniah _
<br /> � �-•�'� � •' ta Lender receipts evidencing the payrnents.
<br /> �...�.�,,, • <�'� �.�
<br /> -�--�---• - r, Aorrawer shall promptly discharge any lien which hes priority over this Security Instrument unless Borrower:(a) _
<br /> - �*+�`��=,� � agras in writing to the payme�tof the obligation securcd by the lien in a manner acceptable to Lender,(b)contests in `
<br /> ;�°-„�:w�,;,� .. ='�•�` gc�od t�ith the lien by,or defends eQainst enforcement of the lien in, legal proceedinga which in tha Lender's opinion
<br /> -�=`i.:.•:;:�A.. �� operate to provent the entorcement ot the lien;or (c)secures from the holder ot the lien an agrcement sstistaatory to
<br /> ��-_::.�-
<br /> ssa�-�:'� Lender subordinating tha lien to this Socurity lnstrument.If Lendar determines that any pan ot the Property is subjeot -
<br /> �'°'•�"• ' as:,. � to a lien which m�y attain priority over thia Secority Instrument,T.ender ma�• give Borcower e notice identifyinB the
<br /> �*'��--;�� lien. Borrower ehall satisty tho lien or take one or more of the actions set forth ebove within 10 deys oi tho 6ivin�of �
<br /> , • notice. _
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