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<br /> ��- wd fixtnres now or hemafter a patt of the properiy: A!!repiacements aad additioac sh�lt also be covered by this Sccunty
<br /> ,��_ I��crose� Ail di the fotegoing is cefezred to in this Securiry[�as We"Pmperty."�
<br /> ,,��,`� BQRR�WFR CO'YE�TANTS thaz Ba�ov`er is taw�FulJy s°iserl of the estate hezcby mmcycd aad has thr right to gratii
<br /> �4 . : aud c�vey the Ptopert�r and titai the Pivpezty is unencumbeied.eacept for encumbiances of cecord Bormw•er waaan[s and
<br /> ;; w�ill defend generaliy the at[e to the Ptoperty against aU ciaims and dFinands.subject to any encum6rat�ccs oY record
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<br /> - — -- - TN1S 5ECiJRF[Y 1NSiltitl�IT combines unitam mvenants for aational use and nort-uniform covenants witb =— -_ _._..__:�__--
<br /> ,fi timited var5ations hyiurisdiction ta oonstitute a unifomi security insmisnent covering teal pcaperiy. -
<br /> UNffORM COYENAMS. 6oimw�and ixt�der coveoartt and agc�e as foIIows: ��:_=
<br /> � L P� t ot and Inicrest; �nd i.ztr Borrower shall pramPdY pay when due the �(
<br /> 9men PrinaiP�1 Prep�ymmt Chasges �= --.--.,.•��
<br /> _ sY�, p�incipaE of and interest on ehe debt evidenced by the Kote and any piepa}ment and Iate chuges dae unde�the Note. 1[-�'�°'�'--=-�-
<br /> :°, Z Fn�ds fot Taaes�d[c�sun�Sal►jecE to applicabte ta+�ar to a written waiver by L,eader.Barrow�er shaU pay w .` _
<br /> " i,�nder on t6e d3y montht3'payments�e d�e undcr ttse Nate antil the Note is paid in ful1.a sum!"Funds 1 for.t3)Yearty ��'�'��
<br /> :�� �a��+ ----
<br /> � "�'• ""` taxes and assessmeius arhich may auain priority oveE this Securit�r lnsuwneat as a tien on the Prape�ty:/b)yeazty teasehotd ,.,�..a�=,.�- -----
<br /> - - �'-:`` payrt�nis vr-�om�d[enls on ihe Prope�ty.if any: (tl y'e�sty hazard ur propeny iasmance premiuJns; (d) Yearly ilood �-�°�—_=
<br /> ��.`:. inwraace pteraiutns.if any: le)Ye�IY mongaSe insurance premiums.if aay;and(�any sums payab2e by Bornower to �.�r•
<br /> . = Lender.in accordance with the pcovisinns of patag�apB S.in lieu of tlie payment of mortgage an-arsnce premiuins. �►ese __ -.
<br /> - -- items atie calted"Escrow(tetns." I.ender may.at anp ume,coltect and hold funds in an amount not to exceed the rrrdxintum -'-�_��"_ _-
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<br /> � � amount a tender far a�'ederalty mtateQ inortgage taan:may ceyuire�for Borrower's esc�ow acrount uader t�ce fe�ral Rea1 f •;'��=="`�
<br /> . �, __ `� �' �e��ent Pracedures Act of 1974 as amended from time to ti�12 U.S.0§�1 et seq.("RFSPA"1.�mte4s another ;":�-r^.'—�y���
<br /> � � ' `'"���'� taw that applies to the Fun�s sets a tesser amoun� if so Lender may.at�rry time,coltecE and hold Funds in an�nt aot to _ .� -
<br /> `". �_��:�%�y escced th�tesser amouna Lender may esrimate the aruoum of�iun�.due on the basis of cu�t cLzra�reasonable
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<br /> =5�'';�.',•, . . es�mates of expenditures of future Esccow Items or otfcer��in accnrtCv��witl�applica6le taw. � , �.: :`�� ;�:
<br /> � '� - =�LF .<-�` 'il►e Funds st�all be hetd in an institudor�whose�asits are ss�sured by a f�ral agency,i��,,,,,,,�,r'��i3�i�or entity ,;';"�r;�, ?-
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<br /> . _ .5 (i ncludin g Lender,if Lender is such an instiNtion)or in any Federsl ttotne Loan Ba�k. Lender shall apply 6���'vJids to pay ��-�;•`-
<br /> Y g �`. PP Y g Y Yt'.� ���-,.s�:�_. .
<br /> �:�:,:s, the Esrraw Ln:ius.�l.e�der ma not char e Bortower for hold'ut �a 1 in [h e�un d s,annu a l i a n a l sr:i i'ic escrow ;fir��.' ',. ;.: __
<br /> `r> accnun�ar uailying the•Escraw (tems, u�less Lender pays Bmm�aa�interest on the Funds and applicab�e�t�w pertnits •
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<br /> r,�•• _ �,,�.,,;� � l.¢nder to��such a citarge. However.l.ea der may require�u u m�+v4r to pay a one-time ch a r ge for an intte p endent real � •, � _
<br /> `•s�''Y` - � estate ta�c rtin service used b l.ender in cannection with this L'i�,�unless ucabte law vr�es ottcerwi�:Untess p;:��,. :- ��_'�
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<br /> � ....�;�;;,,. . ..�reementris r�nade or applicable ta requires interest[o i�e�aid.Lenitcr shall noi be required ta pay 8orroR�am in;ere�t or ��F�r: ,,• : `_
<br /> : =�sa.' " � � •eamings on the Funds. BorMwer and Lender may ag�i�x cc�ting.however.that interest shall be paid on the FL�s�4. i.ender J''%`:: ` `
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<br /> ;;;�;�;, �� �`; � `` � , shall give to Borrower.�viihout charge.aa aaaual accc+a•r.•�'o€the Fur�ds,showing credits anA debiis to the T�.:�is.and the •. �r� � � .
<br /> � :: ; �� �.i ' � i�:.. � ptupose for which each debit to the Funds a:s imde. '��'Ftutds are pledged as additional securitv.fur ali s�;rr��cured by� • * �'_`
<br /> , , �� ihis Security Inswmen� •.�•�:, ",.. . . .�
<br /> tl j,:.;'�•.:(, ; if the Funds hetd by Lender exceed the amo�t���nitted to be hetd by applicable law. LenQer shtil�unt tu �� ` __
<br /> Borrowet for the excess Fund�in accordance with t'-�:�:a::ament�s af aQplicable law. (f the amount of the�.n:is fietd by rt"�
<br /> • ' � Lender at an time is not sufficient to pay the fiscru�Gc�'s when due.Lender may so notify Borrower in wriiz�.and.in ��(.• ; ��, '�':�
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<br /> ,��<, , �.;:• • such case Bocrower shalt pay to Lender the amuunt'ttecessary to�ke up the defciency. Barrower shall mal:e up the • • . ` •
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<br /> :',`;� � '-�.:.,,_ defieiency ic,�ycrcore than twelve month3��pr+yments.at Lender's so_�.di:a.-etion. : , .
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<br /> ' Upon g;�rrr:nt in fult of all sums seeared by this Security In�trum::nt.Lender shall promptly refond to Sarrower any ,•:#
<br /> � � • �nds hetd by I.ender. If.:rnder paragraph 21.Lender�hall acquire o:sell the Property.Lender.prior to the acquisition or . ��
<br /> ' sale of the Properry.sha[i�ply any Funds held by i.ender at the time af acquisition ar sate ac a credit asainst the surtis �: _. '' `i
<br /> ' secured by this Securiry Irs�ment. �' � � . �
<br /> � 3. Application of Payments. Unte�s applicahle law pravides othenvi,e, all payments received by {:e�sder under
<br /> i � paragraphs! and 2 tihall be applied:first,to any pmpayment charges due under the Note:second..co-�nnunts pnyabte undec ��: . � �.. �;�.::
<br /> ' � paragraph 2;third,to intcrest due:fourth,to principal due:and last.to any tate charges due under tirr�:nir. � ,. '::�%+���
<br /> • • • • ,�1, _ ;:;-:. � 4. Charges; Liens. Borrawcr shall pay all taxey, ayscstimen�r,charg�.w. Gnes and impassaans attr6Lt�3sIc to[hc �� ''�;�
<br /> :%n���� : Property which may attain priority over this 5ecuriry In.rtrument.and ieasehotd payments or graund rents,if::.n�� Earrower , � �
<br /> •� „ �;`�;`•:_ B o r row e r s hatl p�a y thcrn on • Y
<br /> ,.,,� _ ,i•-�:>•c�- shall pay these obligations in the manner provide d in paragrap h 2,or i f not pai d in t ha t maimer. .
<br /> `�I . •:''"�''f.. � .' Borrower shaU ram 11 fumi�h to i.ender all notices of amounts to 6e paid undev i��:`•:,f. .
<br /> '' c • time directik:n the person owed paymen� p p y . ,
<br /> 'i��?' ''• �� '�'{'••�' this par3p����i. If Harrotiver makry thetic paymen�ti direcQy.BOiIOAC��'�aD pramptly fumish ta Lender receipt�evidencin� � �
<br /> ,';!,.!`,; i•si+=•� � • •
<br /> ,.:,,::�,, .�a;ah1,�: � � ' the paycnec��:�- ,� . .,� ,.
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<br /> .;'�>�` P P Y S Y P� Y Y g ,
<br /> ,,,z�ti, Bmrawer shall rom tl dischur e an lien which hati narit o�:.this 5ecurit Instrument unless Bnrrower:(a)a rees �' '
<br /> : '�i?jr" ;�• ` ' in writing to the payment of the abligatian secured by she lien in a manner acceptabte to Lender.lb)conte�ts in goad Paith ihe . . ,
<br /> � . lien by,or defends again+t cnfarccment of thc lien in,Icgal procceding9 which in the Lendcr s opinion aper.�ce tn prevent the �• .
<br /> ' �� enforcement of the lien:or(c)tiecures Gom the hatQer of the tien an agrecmcnt satirfactory to Len�ter subatsiu�u-ting the tien �.
<br /> :�: , • . ; � ,,..';� to thia 5ecurity Instrument. If Lendet deietminec that any part af thr Pcoperty i�suAject ta a iirn;si�ich ma;attain priority ( �
<br /> `t���'' ' ' �� �`'i over tbis Security Insuument.Lcndcr may give Bc�rrowcr a nuticc identifying the lien. Borrou•��i�::1!satisfy the lien or take
<br /> , . . . -,.�!;�'y, , � ..
<br /> ,,,�. :;,: onc or morc of the actiom set fonh abovc within t0 dw;�v�_B thc giving of naticc.
<br /> �:.:.� , . , 5. Hazard or Prc�y Insurance. B�rcowrc��`:zll kcep the improvemcr,ts,r,oLV exi�ting ar hercafter er�cted on thc !+
<br /> ;�.f;�.F'�`;:`;� :';},. Proyerty insareQ against ia:�,by firc.hazards included within thc tcrm"cxtcndcd.����ragc"and any other t�w:anis.in�luding ��
<br /> , , ''��`°`.�'"�` � _• `,`�s`•`;; tloods or fic�,t:7g. far which l.endar r�;:ires insurance. Thi� inrur:�nce shall he m�intained in che amounts and for the
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