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<br /> —.- � 91-- ia5'742 _
<br /> �. TOUE'1'H�R WITH all�hc improvcmentr now or hereafler ercctod an the pa►�erly.nnd all eocementr,Appurtenw►ces. '''`► R
<br /> ^ �nd tixtures now or hercaftcr�put oP the propeny. All rcplacemenl�wxl�dditionx e�holl ulw�be covercd by thir Secudty
<br /> In�trument. All of ihe forc�dn�ir refcnr,d to in this Security Inr+trument�r lho"Propeny."
<br /> _ __ ._ _ _ ___ _-= BORROWER COVENANTS tlwt Bormwor ir lawfully celwed af the est�te hereby canveyed ond hus�he��ht to�nt
<br /> and eonvey the Property and�hat Ihe Propetty is unet�cumbored,eacept i'or encumbr�naex of record. Darower warranta otb `
<br /> ��. will de:end generAlly tha litle to the 1'roperty against all claimr and demanda,xubject to any encuminuncea uf nxurd.
<br /> THIS SECURITY IN5TRUMENT cumWnes uniform covenanta Yar natianpl une and non•unifam coven�tta wflh
<br /> -a limited variallonx by jurisdiction la canstitute u uniform�udly inslrument covering reul property.
<br /> _ _-.,.-----------:da� ..
<br /> - --- UNIFORM COVBNANTS. Borrower and Lxnder covenont end agree as fbllaw�:
<br /> == i. P�wyment ot Principd pad Interesti Prepsqment And Lnte CIuu�Qa. Bomnwer shall promptly pey whee due 1he
<br /> _�,,.. p�incipal of and interest on the debt evidenced by the Note and any prcpayment and late charges due under the Nota.
<br /> �.�� 2. �nd��or 7 1 A Z e s�n d Inaurance. Su b ject to app l ica b le law or to a wrftten wAiver b y Lender.8orrower shall p a y to
<br /> Lender un thc dey monlhly payments are due undcr thc Note,until the Note is peid in full.n sum("Funds")for:(u)yearly
<br /> •::;,�� taxes and assessments which may attein prforlty over this Security inslrument as u lien on the Propeny;(b)yenrly leacehold
<br /> - payments or graund rents on the Propeny. If any; (c) yearly hazard or propeRy insumnce premiums; (d) yeiuly flooci
<br /> ----�--- , � insurance premiums, if any;(e)yearly mortgage inaurance premiums. if any; and (�any sums payabie by eorrower to
<br /> --- �- _ Lender.in accardonce with�he provisions of paragmph 8, irt lieu of the puyment oP mortgage insurance pcemiums. These
<br /> items ere called"Fscrow Items." L.emler may,ut any time,callect and hold Punda i�nn amount not to exceed the maximum
<br /> ''='-'_ amount a lender far a federally related mortgage loan muy require for Borrowerh escrow account under the federal Real
<br /> - 4state Seulement Procedures Act of 19T4 as amended from dme ro time, 12 U.S.C.�2601 et seq.("RESPA"),unless another
<br /> law that applies to the Punds sets a lesser amount. If so,Lender may,at any time,collect and hold Funds in en amount not to
<br /> ,r; exceed �he lesser amount. Lender may estimate 1he amount of Funds due on the basis of cument data and reasonable _
<br /> -- �-- -�-�--�_ ; - esdmates of expenditures of futurc Escrow Items or otherwise In sccordance wilh Applicable law. _
<br /> ----�'��`�`, ' Thc Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentaliry, or entlty
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<br /> ,� (including Lender,if L.ender is such an institution)or in any Federel Home I.oan Bunk. Lender shall apply the Flinds to pay
<br /> �T�� � the Escrow Items. Lender ma not char e Borrower for haldin and a Ivin the Funds, annuall anal zin the escrow
<br /> �•,�:�i�i�t.:;,�... Y � � pP. � Y Y 8
<br /> <<'��.�;::�. •,� ,, account,or verifying the Escrow Items, unless I.ender pays Horrower interest on the Funds and applicable law permits
<br /> - - �"`•'-d•� �.. Lender to make such a charge. However,Lender may mquire Borrower to pay a one-time charge for an independent real
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<br /> - � ..;.,,.,;:;:;.." • estate tax reporting service u�ed by Lender in connection with this loan,unless epplicable law provldes otherwise. Unless an
<br /> --- �'`�''` agreement is made or applicublc law requires interest to be paid.Lender shall not be required to pay Borrower any interest or
<br /> �.�'�.Cr.<i;.;: ..
<br /> - - "��;�.., eamings on the Ftmds. Sorrower and Lender may agree in wrfting,howevcr,thet interest shnll be paid on thc Fundg. Lender
<br /> ° ,���,, +.-: shall give to Borrower.withaut charge,an annual accounting of the Funds,showing credits and debits to thc Funds and the
<br /> _„ ;,�'�•�`�'��:.,, purposc for which each debit ro the FUnds was made. The Flmds arc pledged as additional security for all sums secured by _
<br /> ---- �' this Security Instrument.
<br /> �`����� If�he FLnds held by Lender exceed the amounts pennined to be held by applicable luw. Lender shnll account to
<br /> .���.��.'�Ju.-��.
<br />- - ---r°='�--� -- Horrower for the excess Funds in accordnnce wi�h ihr rcyuireiuenis uf applicablz law. li the amount of ihc Funds hcld by
<br /> - '�'�`T'`�="A-"' Lender at any timc is not suificient to pay thc Escrow Items when duc,I.ender may so notify BoROwer in w�iling,and,in
<br /> - ;� " � � such case Borrower chali pay to Lender the umount necessury to muke up the deficiency. eomnwer shall make up �he
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<br /> _.;,��-^ , a•• ;r•�� �` defieiency in no more�han twelve monthly paymems,at Lender e sole discrction.
<br /> � '—`_'�� � Upon payment in ful)of ull sums secured by thi:�Securiry Instrument.Lender shull prompdy refund to Borrower any
<br /> ==�;.'' Flrods held by Lender. If, under paragruph 21, Lender shall ucquire or sell the Propeny,I.ender,prior to the acquisition or _
<br /> _:= T.,� Y` r�� : : • ' sale of tha Property, shall upply uny Funds held by Lender at the time of ucquisition or sale ax a credit ugainst the sums -
<br /> ;`�r�� '}1:'�:I,:��:,,�° secured by this Security insttument. _
<br /> -LL K'• •�� ' ° 3. Applieation of Payments. Unless Applicable Inw provides otherwise, ull puyments received by Lender under _
<br /> ''``'��� ' ��� nra ru s I nnd 2 shull be u lied:first,to un re u menl chur es due under the Note;second,to umaunts u abl�under -
<br /> '_�,�• QY.,r;° • • P � Ph PP Y P p Y � P Y --
<br />�_ . w• ,� , paragraph 2;third,to interest due;founh,to principul due;and last,to uny late charges due under the Note. -
<br /> • .. ''•� : 4. ChArges; Liene. Borrower shull pay ull tuxes, assessments, chnrges, fines and imposilicns uttributable to ihe -
<br /> -�`'y•°- �`'j'Y��+��• PropeRy which may uttain priority over this Security Instrument,and lensehold puyments or ground rents, if any. Borrower =
<br /> - �•r' 'M. ,. . .•+�.
<br /> •• • shall pay these obligutionx in the manncr provided in paragrnph 2,or if not pnid in that manner.Borrower shall puy�hem on
<br /> � � �`:,,,����-��• time directly to the person owed payment. Bortower shall promptly furnish to Lender ull nolices of nmounts to be puid under --
<br /> ��•'' - •.�� � • this paragraph. If Borrower mukes these puyments directly.Borrower shull prc►mpdy furnish to Lender receipts evidencing -
<br /> _ '.:-,,. °� . the puyments. -.
<br /> . '�� �'•°,��� �• .. Borrower xhall prompUy diticharge any lien which has prioriry ovcr this Security Instrument unlesti Burrower:(u)agrees
<br /> ��"'� ' • in writing to the payment of�he obligation secured by thc lien in a manner acceptable to Lender:(b1 contests in good faith�he =
<br /> '''. -' ' ° lien by,or defends ugainst enforcement of the lien in,lcgul proccedings which in the Lendcr a opinion opernte to prevent the
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