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<br /> �t�oo�7i�AR wt�t'H.0 die ieupno+raa�a+�now ae iMt+e.nar«ectea a�tbe p�pe�ey..na.0 a.iam�nt.��p�ooa�. .
<br /> tod fixtu�aoa or l�a�fter�p�t ot�.1�a Qropeety. MI rapl�oamonp md�ddiNan�t�ll alio be cownd bY dd+S�ty
<br /> Ipqriaaxnt. /W of dia[oleQadq�-is refinotd'to is 1hb SecwitY InKntmant�a�hs"PropestY•"
<br /> B6RROWB�t COVENAN7'Si Ibatliarrowar ie 4wfully�elr�od�af 1he esula M�alri'c�aveyed aad Iw tl�e d�ht w�nt .
<br /> �ud caovay t6o�t�pe�ty�ad tlw t1�e Ptppc�ty ia wx�.'umberod�e�toapt for encumbrwnoes of rxad. Horrower watmti�d
<br /> wW defaad�n1iy t6e tiHe w ttww Pt+opaitY at+�W.�!1 cWms�nd�de�rau�d��wbject w�ay encumbr�aoea af rxad.
<br /> THlS 3ECLIRI'�'Y INSTRIJME�V'C ca+pb�ne� uuitortn ooveqt�nu for n�tiond uro aad noa-wiifam covawqs w[tb
<br /> limited vul�dao�by juri�dlcdon as cauWitute�wdtam�oc�udry inctrument cover�n�n�a1 prap�eny
<br /> UN�ORM COVBNANTS. Botrawcr ud l.et�da'covcatnt�nd�ae foUowa:
<br /> i. Rymmt ot Princlpd�ad 1�qe'eiti p+�ep�Y�aeat�ad i.�te Chu�M. Botmwer tlwU promptlY P�Y whea due the
<br /> �of md inte�t on dro dabt avWanaed by the Note at�d�nY P�WY�at ond ItUe c6arBes due under the Note.
<br /> I+bnd�[or'IUxa a�d I�. Subjocc w applicabb I�w or to a writtea waiver by Leader.Bmrower�ll P4y w
<br /> I.ender on the dAy uwnd�lY payu�ente m due w�dcr tM Note,undl tho Note i4 paid U fuU.a sum("Fuada")for: (e)Y�Y
<br /> tauea eod acsessmenw which may atu�in prio�ity over this Socurity Insw� ment As a Baa on tbe Property:(b)Ye�r1Y lea�ehOld
<br /> payment� or ground �+eats oa the Pim�x�ty, ii any� (c)Year1Y i�ar�ud m ProP�Y insuraaco P�emiumst (d1 y�Y Aoud
<br /> iasu� prcmiuma. if nny: (a)Yoarl m�ongage lnsurance pramiums, if any: And (�auY euma PaY+�ble by Borrower w
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<br /> I.eoder�in accoidanca with tha prov� a�s of parag�ph 8, in Ileu af�thepayment oP mortgage iaeurance pnmiums. 7Uese
<br /> items are c�Ued"Escrnw Itema," 1.end�r may,at any time.coUect and hold Funds in an amount not to excoed 1he maximum
<br /> �mount a lender for a foderaUy nelated mo�tgage loan may roqui�a for Borrowerl�escrow accouot uadec the federW Real
<br /> Estoto Seulea�ent ProcMurcs Act of 1974 as amaaded from lime ta time, 12 U.S.C.�2601 et seq.("RESPA").ualess anodxr
<br /> lew that appliea to the Fl�adr sete a Iesser aawunG Iy'so.Lender mwy:a�aay�me,caDe�m,d hald�l,ads ia an amounc noc a
<br /> �' excad the lasser amount l.cnder may eatimate the amount oL i�nds dua un the basis of cumcm dets aad ra�sonabb •
<br /> „�:, . estimates of expeaditun:a af il�wns Escrow Items or othe�wjse in aoaordance witA applicabla Isw.
<br /> �i'� 'fhe �finds shall ba held in an inatitution whoae dcposit� aro insured by a feAeta! agcacy. inatrumebta�iry.ar emiry
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<br /> ��;;'.', (including I.ender.if l.ender is auoh an inetitution)a in any Federal�Ho�e Loan Bunk. Lender ahaU apply thc P�nda ro paY
<br /> ,�r��;�: � the Escraw lteme. I.ender may nnt charge Borrower for holding and applying the Punda,annually analyzing tt�a escrow
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<br /> t:.:��:;.. ;�,�; accoun�or verifying the Escrow Itema, u�lesa Lender pays Bomuwer interest on the Funds and applicable law perm�ls
<br /> � °'.�:::�,� , Lender w make such a charga However, Lender may require Boirowar to pay a ane-time charge far an indcpendent t+eal
<br /> ���"� estate tax nportiag service used by I.ender in connection wi�h Ihie laan,unless appUcable law prov�de.g otherwlsa. Unless an .
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<br /> •� � ' agreemcnc is made or app8cable law requires intenest to be paid,l.ender ahall not be requind to pey Sorrawer aay�nterest or
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<br /> .ti ,.: �,{�,, ,�?ii,�r?�i earoiag�on the 1�nds. Borrower and Lendor mny agree In wnUna�hawever.thal interest shall be p�id�n thc FUads. I.ender
<br /> .;,��i; � �'� '�''�;'s shall give w Borrower,wilhout charge,an annuut accounting of'tha Ftinds.ahowing credits and debils to the Punda end tbe
<br /> purpose for which each debit w tha Flmda woa mude. The FUndc am pledged as addldona!security for all eums�ecm+ed by
<br /> thls 3!���ity Inxtnimp�t.
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<br /> If the Fwds held by Lcnder eacecd tha umounts pertnitlod�ta be held by applicabtc iaw. Lender shaif u�.�uuiii to
<br /> M •�.�� ' Bamwer for the excess Funds in aoro�naa with ihc rcquiremems of epplicnblo Inw. !i thc amount of thc Wnds hold by
<br /> 'I E • ,.;�,,, Lender at uny lime is not sufiicicM to puy did Eu:n►w Item�when due.I.ender may xo nutiiy Borrower in wdtin�,and.in
<br /> .••.;� .°• such cpse Bortower shall puy to Lcnda� Ihu am�wnt necc�wry In m�lce up tho deficiency. Borrower shWl make up the
<br /> ;���'�� deficiency In no tnorc lhpn Iwelvc munlhly�+iyaumt.r,ut l.cnJci�Mdo dir�rction.
<br /> -�'•.�'..". Uponp�ymcnt in full of all xumx�scuRJ by ihix Srcurily �n►lnimcni,Lcndar r�hAll pn�mpdy refund to Borrowcr any
<br /> , ,��`. Funds held by l.ender. IP.under p�►�u�roph 21.l.en�kr+hull ucquire or tiell lhe I'mpeny.l.ender,priur�a�he acquieition or
<br /> 5' • '�`� sale of the Propeny. shall upply any Fl�nde h�ld My I.Amkr W �he limc��f ucqui�iU�m or xule ru+u crcdit a�afn�t the�ums
<br /> ,i .�`'�.'e secw�ed by this Secudty Inswment.
<br /> '�µ`,.^t-: • .•5;`" ' 3. Applka�tion or Psy�aenW. Unfc.r•x upplicuble luw �n�vidc+ ���hcrwi�c. ull paymcmK rrxeived by Lender under
<br /> 'µr"�'"-•��''""�"' paragruphs 1 und 2 shull be appli�d: finb t�►uny pn:Mymem chtu�;o�due unJer Ihe Note;�econd.to umounta puyable under
<br /> ' �,v�q1;`'�'r"''� para�raph 2:third,to interest due;I'iwrth,ta princi�wl due:and la�h lu uny latc churgeti due under Ihe Note. �
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<br /> r �• i'�' 4. Cluir�esi I.lens. eornowcr nhufl puy all wxe., n+sv«mants►. chorgc+,fine� ond imposidons atpibutable to e
<br /> �'' °�'��'�1`� ��� ProPenS'which muy nnuin priority over ihi4 Security Instnimem,tind lenschold paymcntc or ground rents.if nny. Borrower ,�w
<br /> • � %•''"'•''•• � � �� shall pay these obligadons in the munnur provi�d in par++gruph 2,or if not puid in�hat manner,Burcower shnll pay them on .,�;,_,
<br /> �"�% �`°"�'�� "`"�'` � timc direcUy to the pe�on owed puymum. Bort�uwcr ahall pn►m�tly fumi�h tn Lender ull notices of umounts to be paid under
<br /> t�:' �,:,� " thia paregraph. If Bomower makes thu�e puyments dircctly.Bvrmwer shall pmmptly fumi.r•h to Lender receipts evidencing
<br /> - . .. . " . . ,� the payments. �;
<br /> �� ± •� Borrower shall prompqy dir:chtugc uny lien which huc priori���over thi+Security Imirument unless Bomowe�:(a)ug�ces
<br /> � _; ' . in writing to the payment oi'�he ubligulion+ecumd by the lien in a m�nncr uccepwble to Lender:lb)contes�s in good faith the r�k�
<br /> •••-.•...r. ����. • ,.•„ � lien by,or defends uguin�st enforcemum of the licn in,legul pmcealing�which in Ihc l.endcr',opinion operatc to prevent the ��
<br /> a�"�r��� ,�.:• - . „ :`,, I enforcement of'the lien;or(c>sccu��fn,m�hc hulder uf the Uun An ugrecment,atisfuctory to Lcnder subordinnting the lien
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<br /> �a{�., � to this Securiry Insuumenl. If Lendar dotemiine��hut ony part oU the Pn��x:n��i�subject to u lien which mt�y utts►in priority
<br /> �, . ; ; over this Security Inswment,Lendur muy�ive Bom►wer a mnico idemifying thc licn. Borrower shull satisf,y the ticn or take
<br /> (1�'"''," ,•.,�. . . � one or more of the acdons set fwxh ulr�ve within Ill day.at'�he�iving af nalice.
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<br /> • ' '`' S. H�rd or Property[nxurance. Bormwrr,hall kcap the impmvemcros now cxi�ling or hercaiter erec�ed on U�e
<br /> ��.,:! .'., � I Property insured oguinst lass by 17n:.hur.a�d.inrluikd wichin thm tetm"cx�endrd cuveruge"and any other h�ards,including �"
<br /> �"1', • ' .. tloods or floading. for whioh La:nJur reyuires insur.uicc. 71ii�.inaun�ncc �hall Ik nwintuincd in thc umounts and for the
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