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<br /> 'POOE1'H�ft WITH�II the improvema►u now ar herufter enocted on the prape�y. �nd�II paaatnente.appurtanip�+as�
<br /> �nd tiaputs nmw or barc�lter a ptt aP the propeity. All replecement�AnA addltiane shalt atr,q.ba�caxotad bY�hb 5ocu�t���
<br /> Imbumant. All of the for�e�dn�i�rofat+ad w in tl�Secu�iql[mtrument��u thc"Ptaparty." � ' . .
<br /> - BpRROW[:R COVFN�tM'S thAt Bamwer ia lqwti�ily�seiced of t6e eatno henoby convoyvd rutd�bAP qlp.+� ht�to�rant
<br /> md convoy�he Propmsy uxl tha��he Prapeny iq unenaumbe�M�eaxpt tar encumhnm� af racad..B�rixtowor w�unu►u uxl
<br /> wip defend�ancr�lly�he dtk to tha Propmtyapeinu,all.rinime and demandi,subject to my enaumbt�ca of.recard.
<br /> THIS SECURiTY INSTRUMFNT�cambinee unitam coven�nts for rWfanel u�a md �npnrunifio�rm covenuNs w�th
<br /> �---� limited v�rladonw by jur�sdlcttwt w canatlwta_a unitarm aecurity instcumeat coverin�Rral Prof��7�
<br /> UMiapltM CpVENAN7'8. Borrower utd I.ender wvpu�nt and�a as fdlqws:,
<br /> 1. Pay�e�t ot PrlNCip��d Irtsrati Prepayme�t aad l.�h CA�rgea An�w,cr�hall P�AUY PaY when due Ihe
<br /> prLicip�of�r►d intm�t on tt�a debt evWeneed by�he Nde and any p�ap�yru�ant�nd�lata chargaR dua u�ler�he Note.
<br /> - �. Etit�de for Tsxa�n�d I�w�ce. Subject to�pplicvble law wr.tq�a wi'stten wafver by Lendar,�orrowa shall p�y to
<br /> �s Lender on the doy monthly paymant�arie dua under the Ndc.untfl�d�es Nups ir paid in fuli,a sum�(."Funda")fur:(,�)r�tr �
<br /> uxeo and�oeamente whleh may�tWn priori t y over thfa Securicy lnst�+ument�s a lien on�he Prop�rty:(b),yenrly leasehold
<br />__ paymanta or qround rcnra on the Property. i f any: lC)�Yearly h�.atd or property insurwnce prem luma�,.(d) yeuly flood
<br /> insurance prcmlwus.if anyt (e)Yearly mort��ge inauianaa•p�miuma�if any; and (� any suma p�yei►�B b� f3ormwer co
<br /> Lender,in accadance wi�h the provisia�s of pangR+ph�B.in lieu of thepayment of mortgega Inf�unanac prcmiuma. 7liese
<br /> items are eallad"Escrow Iutms." L,eodar may,at any time.collsct and hold FW�x in en amaanP�ut•to excad th�ma�imum
<br /> unount a lend�ar for a fcdcrally rclutad maitgage loan may iequins Rmr Borrowerk ucrow account under the federA! Real
<br /> Esuue Settlemam pmcedut�ea Act of 1474 as amended from dme to tima.11 U.S.C.�2601 rt req,('•RFSPA"),unless another
<br /> law that appliea to the Ruids sew a lecser amount. If so,I.ender may�nt�any time.aollsct and hold Funds in an amount not to
<br /> - -- - - exceed tha lesser amount L�ender may eufmate the +mount of l�ada due a� ths basle of cwrent data and reasombk
<br />;y�--=- - estimatea of expe�d,itur�s af fudu�e Egcrow[oams or othenvjse in pcca+dance with applicoble law.
<br />� - 'I'he Fynds shal!be held�n an in�tuu�on whose deposits sue insuced by a feda�al egency. instrummtallty,or ent�ty
<br /> (inaluding Lender,lf Lender is suth an inRtiwdon)or in any Fedoral•Hc.Vnc Loan Bank. Lender sha71 apply the Fbnds to pay
<br />° - tha Escrow lt�ms. l.ender mnY nvt charge Borrower for holding and applying the Pbnds,winually analyzing tha escrow
<br /> ,�.�,� accaunf. or verifying the E.4cnaw•Items, �mless Lend�r pnys Borrowcr interest on Un Huds and applicable law pemuts
<br /> ___ ___ Lendsr w melce such a char,ge. However.Lender may rec�uire Sorrower ta pAy a one•tirne charge far an independent real
<br /> aetaus tau teporting servlee ueed by l.,end�in connection w�Ih this loan.unless Applicable law pmvldes othcrwise. Unless an
<br />- agrecment is made or appliaable law requircs interest to be paid.Lender shall not 6e requtred to pwy Borrower eny interest or
<br /> carrings on dte FLnda. Bortvwer and Lendcr may agree in wrlt�ng,however.thet intercst shall be paid on ihe Punds. Lcnder
<br /> - shall give to Bomower.without chargc,an annual accounting of the Punds,showing crcdits and debits to the Punds and the
<br />_ * ,�;i -- pu�pose for•whiQh eaob:debin tu the FLnds was mede. The Ftinda ue plcdgcd as additional sxurity ior aU ataas secwed by
<br />" thf��etcudty Inadument.�
<br /> _ --- I t i t�a�f 1 u�d s ho�C f bp 2.�n d or cxce c d s l�e �m c x�n t g p c t m i u e d t o b e!seld b y e p p liceMt lew, I.ender ahalf accouat to
<br /> � Borrower for du:excess FLnds in accordance with thc requircmente of appllcable Isw. If the amount af the F1mds held by
<br /> ; Lrender at any ame is not sufticient w pay the Bscrow Items when due,Lender may so noeify Borrower in wrlting.and,in
<br /> -� o m e u �he deficienc . Borrower shaU make up the
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<br /> w r shaU to L.ender the amount nece t y
<br /> suah case Bomo e �' P
<br /> PaY
<br /> :,;�;, defwiency in no more than twelve monthly payments.at Lender's sole discretion. -
<br /> lli `. Upon payment in full of all sums secured by�his Security Insuurnent, Lender shalt pmmptly refund to Borrower any
<br /> fimda hald by Lender. lf,under par�g�nph 21,L.ender shall acquire or sell the Property. l.ender,prior to the acquisltion nr
<br /> aale of the•Pruperty.shall apply a�y Flmds held by Lender at the time of acquisidon or aale as a�redit egainst�he rums
<br /> ; secw+sd�by thfa Security lnswment.
<br /> 3. Applicatlou of P�yments. Unless applicable law pmvides dherwise.all paymen�s rcceived by I.ender under _
<br /> �. � paragraphe 1 and 2 shall be applied:first,to any prepayment churges due under the Nde; semnd,to amounts payable under
<br /> .,::;,,.. part►graph 2;third,to intercst due;fourth,co principal due;and last.to any late charges due underthe Note.
<br />` :• >� 4. Cdarges= Liea9. Borrower shall pay all tazes. acsessments,ch�rges, fines and irnpositiona atafbutable to the
<br /> �a> Property which may uttain priority over this Securiry Instrument,and leaxehold pAyments or gramd rents,if any. Borrower
<br /> • "'' "":)i; shall puy these obligations in the manner prov�uea m paragraph 2.or if not pnid in that mcinner,Bvrrowrr shull pay them un _
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<br /> time direcUy to thc person awed puyment. Borrower shall promptly Purnish to Lender all naices of amounts to be puid under
<br /> this paragraph. If Borrower makes these payments directly,Borrower shrll promptly furnish to Lender receipts evidencing �
<br /> `��-�+�� the paymenta.
<br /> � �'�`'�� Borrower ahall rom tl dischur e an lien which has riori over this Securit Instrurnent unless Borrower:(a)agrees
<br /> � •�'�'�"`{j; in wriNng to the payment of the obliga lon secured by Ihe lien in u manner acceptable to Lcnder.(b)contests io good faith the
<br /> � :'L'�.i{A
<br /> �►,�„t;"'.�' iico by,or defends ugainst enforcement af the lien in,legal proceedings which in the l.ender's opinion opemte to prevent the __
<br /> � =�y;;;L"'`�► enforcement of the lien;or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien --
<br /> -f r to this Secur�ty lnswment. !f Lender detertnines�hat any part of the Property is subject to a lien which may atenin priority
<br /> ��� t'�" •'•' over this Security Instrument,L.ender may give Borrower u notice identifyins�ho lien. 9cxrower shall satisfy the lien or teke
<br /> b� �f_� _
<br /> �,�n,r,r,h, one or more of thc actions set forth above within 10 dnys of the giving of notice. _
<br /> -_ )�:y�,. S. H�card or Property Insurance. Borrower shull keep thc improvements now existing or hereafter erected on the
<br /> ",:.. .. .. Proparty insured against loss by flre,hozards included within the rerm"extended coverage"�nd eny other hazards,including
<br /> .tt�:�' ' floods or flooding. for which Lender requires insurance. This insurc{nce shell be maintoined in the amounts�u►d for the
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