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<br /> �rooElliEJt wITH al��he tmpmveamau aow or bore�flu enccoa aa�ho property..r�a v�eaiem.,ata. .ppurten.nce.�
<br /> and Axwra now ar ban�tta a pWt at tho pmpaty. AA rapl�oemoat�ud additioar alWl�iw be oovend by Ihiw 8acudty
<br /> Ia�aument. AU oP�e fata�oin�i�i+eferred to in thlr Se�eurtry Inwumeat M�ha"P�+operty"
<br /> BORROWBR COVENAIV7'S th�t Bo�mwa i�lAwfully�ei�ed of tha o�tato hmeby oonveyed�ad fw�he dQht w�nt
<br /> •nd convey the Propaty Rad dW Ihe Nroparty is unancumberod.oxapt for m�cumbnu�ce�of rocad. Borrawm wmnap+au)�
<br /> will defeed�axralfy�he tiUe a�be Propeccy�simt�ll cidnu�nd dm�nd�,wbJact w any encwnbranoes ot�+ecad.
<br /> TH13 SENRRY fNSTRUMRNT combtnea uniform coveaanta for naHanal usc and nan•uaiform covenuits wlth
<br /> ILpited vwladom by jwiWkyion to concdtuto o unifom�iocurity inwrument covednp�s!ptqpeAy.
<br /> UNIPQRM COVENAM'S. Borrower+nd l.eader coven�nt pnd agroo�fdlow�:
<br /> 1. Pl�y�aeut at P�indpd�nd Iata+e�ti Prtp�yu�eat�nd L�b Clu�r�a. Bormwer shall pmmptlY PAY whcn due We
<br /> princi�of Wad interest on t6o debt evfdanced by the Note and any prcpayment wid I�te chprgeo duo undar Uia Note.
<br /> Fiund�[or Ytraas aid Uawt�aaoa Subject w Applicable law or w a wri�ten walver by Lendar.Batrowar�11 pay to
<br /> L,ender on 1he day montWy p�ymenta um due under�o Not�.untll ihe Nata is ppid in full.a sum("Fundc")for: (a)yeACly
<br /> taxes and�ssess�nenl�which rt�wy Wudn pdatity ove�lhio 3ecwi Incwment as a Ikn on�ha Property:(b)Y�y IoasehaW
<br /> fN
<br /> paymenw or gawod ronts an the Propaty.if any: (c) YaulY arard or pmperty insurance piemiumc:(d)Yeady flqod i
<br /> insuranca p�miums�if any:(e)Yeariy mortgage inwrancx prcmiums.if any:and(fl any sums payable by Borruwer W
<br /> Lender.in aocotdance with Iha provisions of pauagraph 8.in lieu of thopayment of mortgage incurance pemiums. 71�0
<br /> itenu aro cailed"Escrow Itama." L.endcr may.at any time.collect and hold Funds in an emount nat to exceed the maaimwr+
<br /> amount a lender for a federAlly related mongago toan may reyuin for Bomowtr�escrow account under the federal Real
<br /> ,;,,. . �., Estata Seplement P�ooedurts Act of 1974 s�.v wnended from Iime�o dme.12 U.S.C.$26Q1 et rep ("RESPA').unless anotha
<br /> -' - - -_- IYW(IIN1 N�1I�E9(Q lI1E FUIKiI SCI.a A IBfSC�Ylil0Ullf. IF 60,l�endar may,et any dme.collact and hbid Funds in on�nount nat to
<br /> � ;,, ;•�,, eaoeed ihe lesser amount. Lender may esomata the amount of Wrida due on the basis ot cument dato and �o�wbk
<br /> � • • estimates of eapa�ditu�er of futwe Escrow[tems or othenvise in accadance with appIicable law.
<br /> �%� •' -�°'�•`�r1�� . Tha Funds shall be 1�eld in an institudon w6ose deposits ate inwred by A fideral agoncy. instrumentality.or entity
<br /> •_:r;; -� (including Lender.if I.endcr is such an institudon)or in any Federal HomB Loan Bank. l.ender shali apply the Funda to pay
<br /> ;y;:,:� '. .�. ,,.. the Escrow Itema. l.ender may aot charge Boirower for halding and applying the Funds.annualiy�nalyzing the escrow
<br /> : accounti or vetifying the F.scrow Items, unkss I.e�dar pays Bo�rowor inte�+est an the FandF and applkable law permits
<br /> ,�k"��,?`��`�'•`' Lender to moke such a chnrge. However.l.endar may require Borrower to pAy a one•dmw charge for an independent mal
<br /> ru ;�{�1>r,' estate tau reporting service used by Lendar in connecdon wl�h this loan,unloss appliaable Ipw p�uvides othe�vvise. Unless an
<br /> �' "".. ,�•'` : . a mant is made or a 1 icabl6 law uites interest to be aid.L.cnder shall nat�be paY Y
<br /> �•�'�, tiV. ,. ; .� 8� PP �9 P �qui�ed to Borrower an interest or
<br /> :}`.;�,°�. ° .. earningR on the Funds. Borrower and l.endar may egme in w�itiog.however,thab interest shall be paid on the Flmds. Lxn�ier
<br /> �^ � shall give to Borrower.withaut charge,an annual accounting of the Funds,s6owing cradita anci debits to the FLnds and the
<br /> ,t'��'�,�•::.:�.�•;,._' purpose for which cach deblt to�he Funds was mede. The FUndc are pledgod as addit�onW cecwity for all sums secured by
<br /> thls Security lssuument.
<br /> + !f tha Funds hatd by l.endar eaceed tha sunaunt�permitted to be hald bp applicable law, L.ender shall account to
<br /> i Borrower for tha excess Funds in nccordanoe with�tha nequirBments of appliraible luw. If the amount uf�6e Wnds hald by
<br /> �.� Lender at nny time is not sufliciant w pay�he 6scrmv Itoms whcn due,L.ender m�y so notify Bomnwer in wriang.and, In
<br /> ��,...; � suc6 case Bort+owcr shall pay to l.ender tho amount necessarf to make up the deficiency. Borrower shall mnke up the
<br /> :;#,:;... detioianoy in no mara than�wslve monthly payments.at•Lendar's svle dlscretion.
<br /> �'' ''•` .. Upan payment in full af all sums secu�ud by this Secudry Inswment,Lender shnll promptly refund to Borrower any
<br /> • �:�•� ! �� �� Funds held by l.ender. If.undor parngraph 21, Lender shall acquire or scll the Propeny,Lender,prior to the acquisition or
<br /> ' ,ti {• � .� sala of�ho Properry,shall apply any Funds 6oWby l.ender at thc timo of acquisidon or sale as a credit against the sums
<br /> secu�ed by this Secudty lnsqument. �'
<br /> ', ` _ ' 3. Appllas�ttan o� 1'�ymeote. lTnloss applicuble luw pmvides otherwise, all payments received by Lender undoc �°��
<br /> ` •,f. � ,, para$mphc I and 2 shall be uppliod:tin�c,to any prepayment rhurges due under the Note;secand,to amaunts payable unde� ����
<br /> N� � . ,;;', parograph 2;third.to imanast due;founh,to prinripal due;and luc�,to uny la�o charges duc under the Note. �� '�
<br /> �'�� 4. Cha
<br /> • ' �ges; I,tens. Borrowcr shall pay all tnxes.atisessmentti, charges, fines und impasitions attributable to the .
<br /> �� ' .�,%, ' .��•'+�`'�.. Pro whicft�muy rntttnin priority over this 5ecurity Instrument,und leacehold paymc:nts or ground rcnts,if siny. Bortower �,
<br /> J� perty u sn
<br /> +� �' ' � !'�:;'' �� '" ` xh lal�pay�hese oblipazions in the manner pro��ided in parogr�ph 2,ar if not puid in�hat manner,Borrower shull pay U�em on
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<br /> ';��;`' ! �,` ` ' dme ditoctly io�Itc persan owed payment. Burrower shall prompdy fumish ro Lender all notices of umount�to be paid u�der
<br /> ,f,, �• •. this pam�mph: !f Barrower makes these puyment�directly.Borrower xhall promptly furnish to Lender rcceipts evidancinR
<br /> . �,:;�: :. . the paymems.
<br /> "�.,;�•. , . Burrower shAfl prompUy diuhur�c uny lien which has priority ovcr thin Security Imwmem unless Borrower:(a)agrees
<br /> ;� � i,��+:� , . in writing to the payment of Q►e obligution securnd by thc lien in u munner uccepuible to Lender,lb)contes�s in good faith the
<br /> � �r`•�:�^��`• lien by,or defonds against enforcemrnt of the licn in.leg�l pmceedings which in the Lender's opinian operate to prevent the
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<br /> ° "• ...':�.,;,��,;:•;;.. enforoement of the lien;or Ic1 secures fram�hc holder of the lien un ugrecment+a�infuc�ory ta Lender subordineting�he lien
<br /> � � � • � '"�;�:'�:"! to thls Se�:urity Inswment. If l.ender determines Ihat any purt uf the Property is subjc;ct a�n lien which may auain priority
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<br /> � � ; �.,�.��,�;,: � over this Security Instrumen�,Lender moy give Bonower a nutice identifying the lien. Bnmower shall satisfy tha lien or take •t
<br /> S ''f , . . • one or mone of the nctions sei for�h ahove wi�hin 10 du c of�he rvin of naice. •.�
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<br /> ; �- � ��"�'`�' ' S. Ha�rd or Properly lnsurance. Barrowcr�hull kcep�hc impro�•emema now rxisting ar hereafter erected on the ,l-:
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<br /> •� �.. _�i,m;ti' , ' �' Property insur+ed ugwnst loss by Gre,hozunis included within the tcrni "extended a�verage" suid uny other hn�ardr,including •
<br /> � floods or tlooding,for which Lender requircs inFUrance. Thir inrurunce shull be muintuined in the umuunu and for the �"'�
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