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<br /> � UNIFOR�t COVBNAN'f9. Borrower And Lender covchunt and agrce w fuli�wa:
<br /> �;Ji� 1. Pay�st of I'rl�eipal ud I�t�naa PnMY�t v1d Lts C7�te�• A�nower:hdl promptly pay when due
<br /> =�i��'. t4e pr�ncip�l oPand interat on thc debt evidencad by the Note�nd my prcptyment and lote charges due under the Nate.
<br /> _���?_�__,_ 3. Funds tor Tua a a d I�uunu�ct. Sub j o ct to appliablc I�w or to a wrfttrn w�iver by Lcoder,Borrower rh�ll pry
<br /> ;��� w Lender on the day monthly�yments pre due under the Note.until the Note is paid in fbll,a sum t"Funds")oqual to
<br /> _- - -- one-twelRh of (s) yesrly t��e+s and a+wesxments which tnay atWn priority over this Socu�ity Instrument; (b) Y���Y �_
<br /> `��s�'° kuehold p�ymrnts or ground rent� on tho PropeRy� if any; (c) yeArly hazard inrurance premiums: and Ici) Y���Y
<br /> ::.a„ ' ��' mort��e insuranca premiums,if any.These items are called"escrow items"Lender m4y rstimpte thc Funds duc on the
<br /> bt�i�of curcent�ta�nd re�onable atimwtes of future escrow items.
<br /> 7'he Funda sholl be held in an inatitution the dtposits ar accounte af which�re insurod or guarAnteed by a fedcral or
<br /> -� - - - _- :tate a�eney(including Lender iP Lender is such an institutwn). i.ender shall upply the Funda to p�y the escrow items. � -
<br /> --__�'�r'�' Let�der m�y not ch�rge for holding and applying the Fundg,analyzing the account or verifying the escrow items,unless
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<br /> _ __��.�v` � Lmder pnys Borrower intcrest on the Funds and Applicablo law permits Lender to make auch u chargc. Barrower and
<br /> Lender may agree in wr�ting that interat shAll be poid o�ihe Funds, Unless an agreement is made or appiiceblc law
<br /> "'_��`•°�`� roquires interest to be paid.Lender shall not be required to pay Sorrower any imerest or earnings on the Funds.Lender —
<br /> -'�'!'` ''"=°-�� _ ah�ll give to Borrower.without charge,an annual accounting oP the Funds showing credits and debits to the Funds a�d the
<br /> __- - purpose Por which each debit to the Funds was made.The Ftinds sue pledged as Addit ionol securiry for the suma securcd by _
<br /> L�ti' thie Security lnstrument.
<br />— ---��' If the amount of tha Funds held by Lender,tagether with the future monthly paymcnta af Funds payable prior to
<br /> �'�ti•. the due detes af the escrow items,shall exceed the amount required to pay the es�:row items when due.the excess shall be.
<br />�a��' :��t�ti k�,� �t Borrower'x option,either promptly repaid to Borrower ar credited to BoROwer on monthly payments of Funds. [f the
<br /> + Amount of the Funds held by Lendcr is not suflicient to pay the escrow items when due,Borrower shell pay to[.ende�any
<br /> _ �" {`'',;'1 �mount necessary to make up the deflciency in one or more payments as required by Lender.
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<br /> ,.,,;� '.�; � Upon payment in full of all aums secured by this Security Instrument, I.ender shall promptly refund ta Borrower ��
<br /> �.�'A. any Funds held by Lender.IP under paragraph 19 the Property is sold or acquired by Lender,Lender shall apply.no luter �,.,, _
<br />� �,�'• than in�modietely prior to the sale oPthe Propeny or its acquisition by Lender,any Funds held by I.endcr at the time of �,�1vr,
<br />'� � , application as a credit against the sums secured by this Security Instrument. - _
<br />��� �.� � ` , � 3. AppNcadon ot Payntents. Unless applicable law provides otherwise,aU payments received by Lender under ��-^
<br /> �' `" paragraphs 1 and 2 shall be applied:first,to late charges due under the Note;second,to prepayment charges due under the -
<br />�.�� � 1 �• �"� Note;third,to amounts payable under paragraph 2;Pourth,to intercst due;and last,to principal due. �.
<br />.,�'�,it:_ ,:; �. ' ' 4. Charges;Lienr. Barrower shall pay aU taxa, asses.sments,charges,Bnes and impositions uu�ibutable to the _,_
<br />�, ` .�. _;.,,• Property which may attain priority over this Security Instroment, and leasehold paymnnts or ground rents, iP any. _
<br /> �~� • v�•• Borrower shall pay these obligations in the manner provided in paregraph 2,or if not paid in thnt manner, Barrower xhall _
<br />��;;. � 1M1 " pay them on time directly to the persan owed payment.Borrower shall promptly furnish to Lender all notices of amounts �;-_
<br /> ��,` d�'. ' . to be paid under this paragraph.If Borrawer makes these payments directly,Bonower shall promp�ly Purnish to Lender _
<br /> � �; receipts evidencing the payments.
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