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<br /> - aoa fixt�now ar eereafter a put of th�propt�tY. au s�eptaoem�eats ana aaa�ions shall atso be crnreiea by ttus sxuriry.
<br /> Insr�uneat Ali of tIjc fo�egoing is tetaied co ia this Secvnry tnsuusneat ag the'�toperty"
<br /> � BO1tROWER COVF�iANfS tLat Balmwer is lawfalty seised of the estate I�creby c�mreyed and has t3ie right to gans
<br /> x and Eonv tha and t�nit the,Prapetty is�bat�d.ca�ccpt fur eacambr�nces of tecord. Bamwer wanants and
<br /> �- - - - rv�dde d ga�aral�ih title w the Properry agamst al!claims and demandc.sub.�ect to anY encumbranoes nf recacd.
<br /> 'TFIIS SECtSR1iY INSTREIMF.NT aombines uaifarm covenants for c►ational use and n�-unifutm covenants with
<br /> ,.._ ___________ = limi[ed variations by jarisdicEiou co cons6wce a anif�n securicy in4trument coveriag real piap�tli. __
<br /> LJNIFDRM COYENANTS. Boisawu and l.�der coven�at aad agtee as foltowx .
<br /> L Payraen!o[Fr�cip�J aa�Iaterest;Pr�epsSmeat and Latt C6ae�. Borm�ver st�all ptomptig PaY w6e»due the -
<br />_ - � principal of and intecest on the debt evidenced by►_ihee Nate and aay pmpayment and late charges due under the Note. —
<br /> _ " Z. F'u�for Tues asd Iasm ase� Subject tu applicable law or to a written waiver by Leader.&xroacr sUall pay m
<br /> - L�nder are the day montlilY Pa3'ments aie due aader the Nate.urtii the Note is�aid in full.a sum("Fimds'�fur.(a)yeariy _
<br /> t�es aaa a��_S}11e!�*�whick roay aaaiu guosity over this Sewrity inswct�ec►t as a i�en on the Pmperty:tb)yeariy leasehoW �
<br /> payments af ground�ents ae the Ptape�cy.if any: tc)year1Y�daiard or prnpeny instuanse prem►ums: (d) Y�Y � _ �
<br /> ins�uance preiniums.if a�.(e)YearIY monSaBe insvra�e Premiums.if a:►y. and(t�aa3+ sams PaYable by Boirowec to �
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<br /> . l,eoda in ac.c�dance rvith the proti�isians of p�aragtagb S,in lieu of the payment of mortgage insurance premimns. 7'hese -
<br /> items ue caUed"Escm�r Items° Ixnder may.ai anY•tune.collect and hotd Frmds in an ars�ount crot to ex�i the manimum
<br /> � ,°± ' artiamt a[ender fa a federuUy related mortgage toan may reqoue far Barrower�s escrow accam!t-�fi�i8e federal Real -
<br /> Estue Setttement Ptncedures Ad of 1974 as amended fram time tR time.l2 lf.S.C.§26Q1 et seg.("R�I'�"t;.tailess anoti�er �_;
<br /> - iaw tHaf�plies to the Funds sets a tesser amount If so,L,eader may.at an time,co}ie�a�I�is� s��n amount not to � �- -- -
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<br /> exceed t�e te.cse�arnount. Leadet ma esUmate the amount of Funds due on the basi�QE 4�2 d�and reasonabte
<br /> 4 ''�`� estimates of eapeted:taies of fi�t�ur Esctbw Items ar athe�wise in accordance witft ag�+licable G�ty::, . � �• ��_.___-
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<br /> 7be Funds sl�ali be held in an instimUOa��rase deposits are i�ared by a federa!a�e�ic�,a�ai�taliry,or enary :�;.;�:.
<br /> � .` tinclud'mg Leoder.if�Cder is such an iastitu6an�m-in xederal Home Loan Bank. Lea�i'�:;�'�;d�e Funds to pay �:�;�.:;,--_
<br /> ..ra� � . '::Y...Fs..-,-.
<br /> �:�r��:`_ the Escouw Items. Ixndec may not charge Brnmwer for holding and applying the Fuads,-m�ms�I�Y�a�'z►ng[he esccow `-�.-�°_----
<br /> -�>�- , . ; .> -
<br /> --� accom�b or verifying the Escrow Items. unless Lender pays Buetower intemst an the Cznn�.�a.�.a�gazsa6le taw pennits `-_
<br /> accom • �
<br /> ':" t,ender to maYe sucb a charge. However.Lender may reqvue(�acrower to pay a one-tntt`c�asge,fat,:.�'independent real � t a� �--
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<br /> ,� '� . . - estate tax reporting sa?,-ics used by Lender�n connection with t�s s�f:uNe��pticable law pmm�des Wi�wise. Unless an --- .- -`;"._
<br /> ' r'"`���,-�`•' agteetnent is made or 3pplicable law requires inte�est to 6e paid:L�der s�il iifaL i�e requited to pay�or�'��r arry inteiest or • u,_
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<br /> � _- eamings on the Funds. Bonvaer and l.ender may agee ip writiug,.(mvr-e�er.!1i�is interest sG�.d�se paid on nhe Funds. Lender . �., ti
<br /> • - �'�� � shall give to Borrawer,without charge,an annual accounting a�d�Fnnds,�s�iifuring credii�.�isd debits to We Fimds and the ���:���;;�; ��_
<br /> _ purpose far�vhich each debit ta ttte.Funds was made. The Ftm�is:re plsdged as additiorral��.:.rity for alt sums secured by • : � __�--
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<br /> If the Funds tseEd Try Lendei.eaceed the amounts pemtitted to be held by app}icabte law. Lender,sha}1 account to �•`��'��r•�:
<br /> � ' � Borrower for the excess Fimds in accordance with the requirements of appticable law. if the amount u�iite Funds hetd by •:`.'`-�- -__
<br /> � •..�_=_
<br /> ' .-.',�� � Lender at any time is not sufficient to pay the Escrow Items�vhen due.Lend:s may so notify BomoRPx im writing.and.in •<< :_
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<br /> ' ' such ra� Borrower shall pay to l.ender the amount necessa��+n mahe up the deficiency. Bomnwer�i�(1 make up the �r, ::r.;�,�� �-�..„
<br /> _ ,� `. ,` ~ d�fcien�1 in ao more than twelve monthly paymenu,at I.enct�s'�.��ie discretian. ` j;���'� `�
<br /> . .�� . '� Upon payment in ful!of all s�cros secured by this Securc:��.•sstrumen�Lender shall promptly refund to Borrower any �° <<;';!�`��'.��
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<br /> �� Funds held by lxnder. If.under paragraph ZI.Lender sball acquire or sell the Ptoperty.Lender.prior t��he acquisition or , ,
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<br /> ' ,��� , �i r sate of the PropeRy.shall apply siny Funds hetd�by Lender at the time of acquisition or sale as a credit against the sums . ����,
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<br /> ' secured by this Security I�strumen� .•�; ;' • •�,
<br /> ��.' . . 3. Applieattoe ot P�yments. Unless applicab2e law provides otherwise. ail pa�sr.�ts received by l.ender under , •.,t,.;€; � . •
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<br /> paragraphs 1 and 2 shaA be applied:firs�co any prepaymem charges due under the Not�;r�wncl.ta amounu payabte under �...• ;;;r;t����,;' �: - -
<br /> ; • , paragrapb Z:third.to interest dur,founh.to principa!due:and last,to any late charges due�der the Note. � <� ,'' �?��'� : ._-
<br /> �' . q. C6arges; Ueas. Borrower shall pay all taxes, asscssmenu,charges.frnes and impositions atuibuta6le to the ,`;4` . -
<br /> 'i � � P[operty whtch moy attuin priority over this Secur.ty Instrument,and leasetrr,[d payments or ground rencs,if any. Brnrawer 't � : _
<br /> "� � � �� shalt pay ihese abli�atians in the manner provided�in paragrapb 2.or if not p-�id in that manner.Borrower ShaA pay them on ,
<br /> '=-�` . � �� time dimcUy to the persan owed payment. Borrawer chail prompt iy fumis h to L en der a l l notices o f amo u n ts io be p a i d un d e r � , .
<br />� ;�r . this paragraph. Jf Bonower makes these Qayments directly.Barr�wer shall promptly fumish to Lender receipts evidencing • ,, •:•
<br /> ` :s:,;= i < < , the payments. ' . ; :.• .
<br /> 'f Borrower shal��rompAy discharge any Iten which has priarity over this Security Instrument uniess$orrower.(a)agrees ,_: ;�.
<br /> � � � j' r'� � in writing to the payment of the obligatian eecured by the lien in a manner acceptabte to Lender.(b)contesGs in good faith the ,. • � :
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<br /> -' lien by,or defen�s ay�:�nst enforcement of the lien in.legal proceedings which in the Lender's opinion operate to prevent the �,�,,
<br /> � ,< ��` °.~�•",� �� 4 • enfvrcement of the;.en;ar(c)secures from the holder of the lien an agrecment satisfactory to Lendcr subardinating the lien `
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<br /> � �. - to this Security las�ament. If L.�r,der detetmines that any part of the Property is subject t�a lien whicb may attain priority � '•%f�:"�'�;, .•
<br /> � ' �', ��` ''•' over idis Securi �n:<r,ament.L.eader ma ive Aotrawer a notice identif in ihe licn. Borrower shall satisf ihe lien ar take � ` �
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<br /> , �j . - one or more of th:cc::ons set foritt above wit!�i+.t�0 days of the giving of notice: ti ,
<br /> . � ••;,�r •. . , •� . S. Ha�rd oa PropeMy Ias�raao� Q��mswer shall kccp thc improc�nems now existing or hercaf'ter erected on the �� .
<br /> � • � PropeRy insuted agaiast toss by fire.[:azards i���.iaded within the term"extc�rd�:d coverage"and any other hazards.including '
<br /> '. � • � flood�cr flooding, for whlch Lender reyuires insurance. 71�is insurance slall be maintained in Ihe amounts and for the � , •
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