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••4i � * J �'.o .�. , �. _ • ' , I � � i�/�VVV 'i�0(3BTHRR WITH all tho improvemonta now or hericafl�r�eroctod on the property. ud dl ca�erixi�u,appuKaunoes,and ti�tu�now ar horeafter A pwrt of tho pmpedy. All rcplaama�u and �{dilioru �hall ala bn ooverod by thb 8ecudry ' I�wrummt.All af Ihe forcgoing is rcfened to in thi�Secutlty Inrtrummt a tho,Propeity • IBORitOW6R COVBNANTS th�t Bonower i�bwiblly�ei�ed of tho extate herd►y canveyad and Miu�he d;ht to atant ud mnvey ihe Property�nd thiu�he Propenp i� uixm.hu►+berod.eaapt fw�encumbarxa of r000rd. Borrower w�muMS�td will � �lefead eenenlly the title w�ha PropeKy+�ains�tll cWnu�nd denundp,bubject ta�tny encumbrmce9 of r+eonnl. THIS SHCURITY INSTRUMENT rnmbina unifarm covenanto far ruitio�nal use u�d�aon-unifom�oovenaiu�with limitod variKion� by Judidiction to rnnuituto a uniform�ocu�ity inurument coverin�roal property. UNIFORM COVENAN7'S.BUrfOWCf AI1d LCfldC�COYCIIMI IIIId tl$[rG SiS fOIIOWS: :•�. 1.Pf�y�nent o�iMacipAl wid lnterati �+ePYment aad l.�te Ch�w. Borrower slWl Pro�Y P�Y wha�due the � principl af ud intercst on the debt evidonced by Ihc Noto Ard any prcpayment and late cliuges due undor the Nae. I 2.Ftindo tor Taxes and Inwranoe. Subjoct to applicable IAw or to a wr�nen wajver by l.ende�. Borrower shall p�y to I.ender on�hc doy manthly payments ar�e duo under ihe Nole.until thc Note iR paid in full,a sum("FuMs')for:(n)ycarly tuea and assasmente which msy utlain priori�y nver thia Securlty Instrument as a lien an �he Property:(b)yearly leasehold p�yments I or gmund �ents on the E'ropeny.if nny:(c)yearly ha�and or propeny in.eu�prcmfums:(d)yearly flood insurance promiums. � if a►y:(e)yearly mortgagc insurance premiums.if uny;w�d(�aoy suma payable by Borrower ta I.ender, in nornrdance with � the pr+nvl�ione of paragrnph 8, i�lieu af the puymen�of mongage innurance prcmiums.'Iliese items arc called'E.serow Items.' ,� L.ender may, at any time, collect and hold Funds in an amount not to exceod the mauimum amount a lender for a federally •;��' reletod martgage loan may rcquire for Horrower's escrow account under the federal Reol Estate Setdement Procedurcs Act of �� 1974 as amendod from time to timc. 12 U.S.C. Section 260!et.req. ("RESPA").unless another law that opplies to the�unds ,:,';."�` �„� sets a ksscr amount. If sa. I.ender may. at any time. rnllect w�d hald Funds in un nnwunt nat to exceed the iesser arnount. �J Lender may esdmate the amount of Funds due on the basis of current data and reasonubk es�im�tes oP expenditure�of fuwre '�.`� ,;' ' -;',l�"� ;'� Escrow Itema or otherwise in accordance wi�h applicable law. �"' `" '`� The Funds shall be I�eld in an insdwtion whose deposils are insurod by a federat agency, insuumentelity. ar entity •1�/:1�L'. ��.M1. ,.. �i.1�;''?;,'." '.��'•;�� (includfag 4ender. if l.ender ia such an instiwtion)or in any Feclernl Nome I.aan 8anl•.[.ender shall apply the Funda to pap�he �' �f`' '�';R''�• Y'~ Escmw Items. Lender may n+n charge Borrower inr holding sinnd applying thc Furd�,annually analyzing the escrow xrnunt,or }<•;: ;.a C._„ d �.; !_•.,s,.•.. ,. . ;�ii:��,,,;'y.::�;�.,. :,� ; veriFying the Escrow Items,unless Lender pays Bonawer interest on Ihe Funds and applicuble lew permits Lender to make such ��. : '., : a cherge. However,I.ender may require Bc�rrc�wer to pay a one-time charge for an independent rcal eslate tax reporting servioe .��' � � � •� used by Lender in cannection with Ihis loan, unless applicuble law provides athenvise. Unless an agreeme�t fs rtwde or '•- �' � .' •� applicable law requires interest to be pAid, I.ender sholl not be required to pay Borrower any ime�est or eAmings on the Funds. y� � .. Borrower and Lender may agree in writing,howevcr, thal intere�t shall he paid oi� the Funds.Lender shall give to Borrower. • „,��. ,. �. �� : witlu�u�cNsxge,an annual uccounting of the Funds,shou•ing credi�s wid debi�s to the Funds and U�e pu�pase for which exch .•,°