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<br /> roc�E'It�ic wr,H.0 the ia►qo�e�na,t�aaw a,�eroctoa w,�he prapeaty. ana al�ea:c�u..p�u�en•�•,
<br /> aad fixnu�a tww cr bere�lta�a p�rt ot tloe pmpe�ty. All repl�oeioeats and addltions�11 d�o be covarad by thi�SacuritY
<br /> iwtrumeat. All dthe fara�ofa�i�rofamed w in diis 3ecucity la�w�aent L the'Prope�ty."
<br /> BOR1tOW8R C�VENANTS tl�t Banower i�1�wfully ai�ed of tlie e�ute ha�eby c�onveyed and fu�ltia dgbt w�at
<br /> �nd coavey tba and�hat�he Pmperty i�w�arcum6cnd,eaapt for a�cumWiuioes uf rocord. Bormwu wu�tat��ad
<br /> wW dafend�eaa�l�dQe w�ha Property��ainst dl cidma ud danaadi,rubJect w my encumbranoe�oP roca+d.
<br /> T1flS 3ECURITY INSTRUMBNT oombioea uaifora► wven�ats ta n�don�l we �nd nan•unifam covciuots with
<br /> - � ----- -- - Waited variatlons by judsdicNon lo canstitute a unif�+nn securiry in�dument cavexing rral property.
<br /> � UN�ORM COVBNANTS. Borrowa md Lender coveiwu�nd t�cee as foQows:
<br /> i. �jenent ot Prindp�l�ad l�terati�and I.�fe(.'hu�es. Bormwar sha11 P�PUY p�►Y when due the
<br /> -- of aad interest on tbe debt ovide��ced by the Noto�nd+mY P�PaYroent and lata charges due uader the Note.
<br /> �FY�nds toe'Ilu�a�ad Iaraeanca SubJect to�pplicoble Iaw or w A w�ttea widver by i.endu.Homowa sh�ll pay w
<br /> -_-_-__ i.ender an the day moor6lY WY�is u�e due under Uia Noto.untit the Noto is paid in tldl.a surn("Rmds")for:(o)YeariY
<br /> _ - taaes and assessments which may utain prtaity over t�is Secwity lashuaient as u lien on the Hmperty:(b)YeadY leasehold •
<br /> __ �y�p��a� na�ts an thc PmpenY. if any: (c) Yeuly ha7ard or property insurance pnemiums: (d)Yeuly flood
<br /> inaw�n�x pnamiwbs� if any: (e)Year1Y mortgage inswance premiums.if any: aad (�any sums pxyabk by Barrowu to
<br /> i.ender,in accoidanco wlth the provisiona of part�igrnph 8,in lieu of thepayment of mortgage ineurancx pnemiurr�. 71use
<br />-- items are cAlted"Escrow Items." Lender may.at any time,collxt and hold Funds in an amaunt not to exceed Uu maximum
<br /> amount a lender fa a federally rel�ted mo�tgage loan may tequir�e for Bormwer'�escrow aocount under tbe federal Real
<br /> Estate Seulement Pmcedwes Act of 1974�s amended from timo to tUae.l2 U.S.C.¢2601 ar seq.("RESPA").unless anaher
<br /> law duit appl�es w Ihe PUnds sets a leaser�unoun� If so.Lender may,at eny dme.collat and hold Punds in an vnouat aot w
<br /> ciceed tbe tagser arnoun� I.ender may estimatc the amaunt of Wnde due on the basis of cumot datA aad re+�sonabk
<br /> �oes of ezpendltures of futum Escrow[tems or aherwise in accordance w1W applicable Inw.
<br /> The li�nds shaU be held in an institu8on wtwse dep�aite are insured by a fede�l agency. instrumentality�or entity
<br /> � (including I.�.mder.if Lender is such aa institutioa)or in any Federal Home Loan Bank. L.ender shall apply the'Flsnds to paY
<br /> the Fscrow Itema. l.ender may noi charga Bo�rower for holding and apply�ng the Wnds,annually analyzing the cscrow
<br />= oa,�ouot,or verifying the Escrow Items. uniess Lendar peys Bomower intcvest on the H�nds and applicable law pern�its
<br />, '^' #.r"� I,eude�r to make such a charge. However,Lender mey require Boirower to puy a one•time charge for an independent rcal
<br />-- � estate�c reporting savice used by Lender ia connect[on with this loan.unless epplicable law provides otherwlse. Unless an
<br /> pgreemeat is made or applicable Iaw Rquires iaterest to be paid,l.ender shall nnt be required lo pay Borrower any interest or
<br /> � earnings on the Wnds. Borrower end Lender may ag�ee in wridng,however.that interest shall be pa�d on the FLnds. Lender
<br /> � `�� shall�lve to Borrower,v�thout charge, an annual accounting of the Fbnds.showing credits and debits to the Funds and the
<br /> -- .,.;'s.'�j±���,.� purpase for which each debit to�he�Lnds was made. The Funds are pledgcd as addidanal security for all eume secured by
<br /> ` �-° this Socurity InshumeM.
<br /> _ �' !f slst Ausds tse�d by i.endes zxc�ed the amounts permitted tn hr hekl by a�licahle law. Leader shall account to
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<br /> �,�';,`„, ;.;:,,•..., Bortower for the excess Funds in accordnnce with the requirements uf applicable law. If ihe amount of the Funds held by
<br /> i�:'�" ' ' , ' i.ender at any t�me is not sufficicnt to pny the Escrow ltems when due,Lender may so noNfy Botrower in wdting,and,in -
<br /> ''� , � such case Bortnwer shall pay to LBnder the amount necessary to make up the deficiency. Borrower shall make up the
<br /> • ., �������°��� ,� � �• def�ci�cy in no mare than twelve momhly payments,at L.enders sole dixretion.
<br /> 1 . 'r�=.�•,. � . Upon payraent in full of a11 surns secured by this Securiry lnswment.Lender shall prompdy refund to Borrower any
<br /> �;•;: r-!•�.• � Funds field by Lender. If.under parag�-s�ph 21, Lender shall acquire or sell the Property. Lender,prior to the acquisidon or
<br /> � ' " � "y};,_� sale of the Property, shall upply any Funds held by l.ender at the time of acquisidon or�ole as a credit agninst the aums
<br /> . '�"';�-�"�� '' u�,��,._; secw�ed by this Securiry Instrument.
<br />;� � � ' 3. Applicatlon ot P�yments. Unlesx npplicable luw pruvides athenvise. nll puyments rcceived by Lender under _
<br /> °'� ' F ' ' °��'< paregraphs l and 2 shall 6e nppNed: firyt,to any prepayment charges due under the Nae; sewnd,to amounts payable under
<br />�}` ' ,�� . paragroph 2:�hird,to interest due;fourlh.lo principal duc:and last,to�ny lotc churges due under Ihe Note. _
<br /> '�,'; . ' , 4. G7wrges; Ltens. Borrower shWl puy oll taacs, ussetisments,charges, fines and impositions attributable to the =
<br /> � ' '�� �° ' � Property which may nnuin priority over this Securiry Instroment,and Ieasehold puyments or ground rents.if any. Borrower
<br /> -'-�_ ' ����i'.-•�'�=.•_---:• shall pay Aww nMli�atinns in Ihc manner provided in pw�ugrs�ph 2,or if not pafd in U�a�munner.Borrower shnll pay them on _
<br /> - ; ,�T-�� time direcdy to the person owed payment. Borrowrr tihnll prompUy furnish to l.ende�WI notices of umoums to be pvd under --
<br /> " .,;, this pamgroph. If Bortower m�ke�the�e pnyments directly. Borrower chall promptly furnish to Lende�receipts evidencing _
<br /> ' the payments.
<br /> �• Bomower shall promptly dischiuge any lien which h•rs priority over�his Security Inswment unless Bomower.(a)agrees
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<br />_ ,r;{: ,'• in writing to the payment oi the obligutinn�urcd by the lien in a mwmer a�ceptable to Lender:(bl contests in good fai�h�he
<br /> -,�s;�•?� � lien by,or defends aguinst enforeement of the lien in,legal proceedingx which in the Lendrrz opiniun operate to prevent the _
<br /> . '�' • ` enforcement of the lien;or Ic)securcs from�he holder of thc lien nn ngrcement sutisf'�ctory to Lender subordinating�he lien
<br /> � to this Securiry Inswment. If Lender determines that uny p�ut of the Propeny i�xubjat u►u lien which may attnin priority �
<br /> ��._ r'° over this Security Inswment,Lender mr�y give Bum�wcr u no�icr idenlifying the licn. Borrower,hull sati�.fy the lien or�ake
<br /> �' � ' ' one or mone of the nctions set forth�twve wi�hin 10 duyx of the giving of notice. °
<br /> � . � a • �, ;' S. Ht��nrd or Property I�urance. Borrowcr xhull kecp the improvements now existing or hereaftcr erected on the -
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<br /> _ Propetty insured agaios�loss by fire,h•rr.ards inrludcd within the term"rx�rnded coveruge"und any other huzurds,including �
<br /> y' . ' floods or tlooding, Por which Lender requires insurnnrc. This insurunce xhall bc rnuintained in the umounts nnd for the
<br /> ' ,:.C; • , . Form J02Ff 9190 fWBe 2 qJ 6 pugesl _
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