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<br /> 7�0(i�1'HBR WI'CH�II tha improverna�a now oc hersatter enected an the ptapetty.�nd dl a�M�,�pputten�nce��
<br /> �nd tixWa�er now a he�eafter a p�tt of the propaty. All r+epl�b and addjtio�w shall�bo be coverod by Ihi�Sxun�y
<br /> Inttrument. All ot Iho tore�oing is refened a in thie Soourity Irutrumeet a the«�y«
<br /> 801tROW�R COVBNAIV7'S tlut Bartuwer i:lawfutly�i�ed oP the e�ute heroby convoyed�nd hiu the�iaht to�r�nt
<br /> and canvay thoproperty�nd th�t the Propnty i�une�om6erod,eacept for encumbiuue�of rocord. Barower wart�us and
<br /> wiU defend Qenerviy�he dtle to tha Ptaperty a�ltut dl cldms ond demiudt.wbjecl to�ny mcumM+urcas af rccord.
<br /> THIS SECURITY INS71tUMENT combines uniform coveo�nu for n�liaul uco uHi non�unifarm covenuu� wllh
<br /> ' ° Ifmitad wuiatlans by juri�dlqiun to caudtute a uniform sa7uity insttumem cover�n�rcal�mipeny.
<br /> � UNIPORM C�OV8NAN7'S. Sorrowerend L.ender covenant u�d agree a�follows:
<br /> l. P�ymeat ot Priedpal aad laterat:Prepaymeat and Lak Ch�r�a. Bomower shall promptlY paY when duo tbe
<br /> principaI of and inte�st on ttio debt avldenced by the Note and Any prepayment And lue charge�dua under Ihe Note.
<br /> 2. ih�nd�tor 71uca�nd lasuraoce.SubJect to applicable law ur w a written waiver by Lender.Bortower shall pay to
<br /> " " -"�"--. Lender on tho day monthly payments�ne due under�he Note,untii�P Nu1e iu�wtJ 1��full,u swu i"�nds")We:ta)yeady
<br /> . , uuces and assessmenw which may attain priority over this Security Instrument ns a Ilen on the PropeRy:(b)yeerly leagehold
<br /> ; Wymente or g�couund re�ts on the Property, if sny; (c)Yearly haznrd or pmpeAy Insurance pnemiums: (d1 Yeuly ilood
<br /> � insunu�ce prcmiut�a, if any;(e)yearly mortgagc insuaa�ce premiums, if any; and<fl any sums payable by Bamower w
<br /> I.ender.in Accadance with Ihe provision�of paragrnph 8,in lieu af the paiyrnent of mo�tgage iruurnnce premiums. These
<br /> items are called"Escrow Items." Lenckr m�y,at any time,calkct and hold Funds in an amount not�o exceed the maximum
<br /> amou�a Icnder far a federally related morlgage loom m�y requi�for Bormwerh escrow�ccount under the fedenl Rc�l
<br />_-:.. Bstate Settlement Pracedures Act of 1974 as�rnendQd trom�dme to time,12 U.S.C.�2601 et s�q.("RESPA").unless another
<br />";;�':.� , law thAt applies tfl the�'unds sets a lesser amounG �f so.l.encier may,ut uny tin�e.cdlect and hold Wods in an amount npt'to
<br />,,:;;r�y eaceed the leaser nmaunt. f.edd�r may estimatc thc umoum of ��ds duc on�he basis of swrent data su►d �easonable
<br /> �;:;;,� � � esdmates ofexpe�ditures af future Fscrow liems or o�thenvise dn acSardunce wlth applicabk law.
<br />_��:;rs;l" .�,;�,�. � The Flmds shall be held in s��lnstiludon whose deposits•are insurcd by a federal agency. instrumcntality,or entiry
<br />:� : ;;Y�l;t:'�:'�' Cinclurrtinng l.ender.if L.encicr is su�h an instituiia��or in any Federal Home[.oan Banlc. Lender shall apply the Funds to pay
<br /> ''r�;. �1,.;;�.,;
<br />;+'���,;+;� � ` , t0�e E.9c�uw Items. Lender may not charge BorrawPr For holding and applying the FLnds,annually analyzing �he escrow
<br /> ,�,tl��, account. or ��erifying the�Escrow ltems, unless I.ender pays Borrower intercst on the Funds and applicable law pemni�s
<br /> ;;���' I.ender io maka such a charge. However,I.ender may require Bomnwer to pay a one-time cherge for an independent real
<br /> .�'����� I estate tax reporting servke used by LeiMer in connection wlth this loon,unless applicable law provfdes otherwise. Unless en
<br /> � agrecment ic muW or appliceble law rcquires inteieat to bc paid,Lender shall not bc nequired lo pay Borrower any interest a
<br />, earnings an the F1mds. Borrower and Lender rnay agree in writing.however.that intercst shall be paid on the Funda. Lcnder
<br /> shall give to 8ormwer.without charge,an annuAl accounting of�he Funda.showing cadits ond debils ta the F�nds and the
<br />= purpose for which each debit to tha FLnds was made. 'Ilie Funds arc pledaed os additionwl ceru�{�y fbr all cums recured ty
<br /> - _ thi�Securlty Insuvmept.
<br />,- — lf the t�nds hetd by Lender exceed ihe Amounts permitted i� 6e i�eid by appiicubic iaw. Lender �iudi uccauni io
<br /> Borrower for the excess Punda in accordance wfth�he rtqulr�ementa�f applicable law. If�he rmaun�of�hr Fundv held by
<br /> Lendcr at any time is not sufficient to pay the�xcrow Ilemx when due,l.ender mny so no�ify Bomuwcr in writing,and.In
<br /> ., such case Borrower ahvll pay to Lender the amount necessary to muke up Ihe deficiency. Bortower shall make up the
<br /> , " •�; deficiency in no morc[han twelve mon�hly payments,u[l,enderk xole discretion. �
<br /> .,:+; ^��'�.�. Upon payment in iull of all suma secured by lhis Security Instrument, Lender shall prompdy refund ro BaROwer any
<br />. �ti `"��r'�'J•�"•1�'_ Punda held by Lender. If.under paregr�ph 21,Lender shall acquire or sell Ihe Aroperly.Lender,prior to the acquisition a
<br /> ,t.'..•:�" . �
<br /> ,;:,.�_�: ... sale of the Property, shall apply any f�nds held by l.ender at the time of acqul�itbn or sale as o credlt against the sums
<br /> `�` �'� � �' uxund b this Securit Inswment.
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<br /> �;y,..,�yn;,��;,.,�;:, 3. Applkatbn of Paymenta Unless opplicuble law provides atherwise,all payments received by l.ender under
<br /> - e • puagraphs 1 and 2 shall be applied:fira�. to uny prepaymem charges due under the Note;second.to amcwnts payable undtr
<br /> .. puagroph 2;third.�o interest due;fourth,to principal due;and last,to any late charges due under the Note.
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<br /> ;� �;Y�:� ;,�. • 4. Charges;Liens. Borrower shall pay all taxea.assessmenis.charges.fines and impositions attributable to the
<br /> �'�t`:�"��•._• Pro which ma attain nari over this Securit Instniment,and leasehold ments or round rents,if an Borrower
<br /> . . .r.'.�:...�!..._�,,:.��� VenY Y P� �Y Y PaY 8 Y•
<br /> i�:�;��-�:�'�.-= shall a these obli ations in the manner ovided in ara rn h 2,or ii nu� iJ in�hat manner.Burruwc�yf�ail e tiicu.un
<br /> '�,�.�'.',.�. �k ;. P Y B P� P B P P� P'Y
<br /> ,,1,; �+�:.•.�• � • •:r, time dlrecdy to the person owed payment. Borrower shall promptly furnish to l.ender All notices of amounts to 6e pald under
<br /> �qy,,�.,,�.� ,: this paragraph. If Borruwer makes these payrnenls directly,Borrower shull promptly furnish to Lender receipts evidencing
<br /> `�' ..�;��.;�;::•' the payments.
<br /> .��;.�� E;�f.�'�:'. '. Borrower ehall promptly discharge any lien which has priority over this Security Instrument unless Borrower:(a)pgrea
<br /> f'�!�"�;�: �� in writing to the payment of the obligatfon secured by ihe lien in a manner acceptable to Lender,(b)contests in good faith the
<br /> `���;� 4 ����� � . lien by,or defends ageinst enfonement of the lien in.legal proccedings which in Ihe Lender's opinion operate to prevent the
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<br />_-�.,3:�r•� n+a;�+�� •.�►o .... enforcement of the lien;or(c)secures from the holder of Ihe lien an agreement satisfac�ory to Lender subordinating the 1 ien
<br />- ',J�:'; T ' : � ' to this Security Insdument. lf Lender detertnines thnt any part of the Pro�erty is subject �o o lien which may attuin prioriry
<br />- q� :��t, . .
<br /> '._ '•�� over this Securiry Instrument,Lender may give BoROwer a notice identitymg�he lien. Borrower shaU satisfy the lien or take
<br /> -�' � . - ., one or more of the actions set fonh above wiihin 10 days of Ihe giving of nocice.
<br /> ,��� •i • ��, »• S. Hazard or Property lasurance. Bmrower shall keep the improvcmenls now existing on c�reufter erected on the
<br /> ��,��� Property insured against loss by fire,hozard�included wiihin the term"extended cuverage"and uny other hnr.ards,including
<br /> ' ' ' floods or flooding,for which Lender rcquires insurance. This insurance shall be maintained in the nmounts nnd for the
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