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<br /> 93-' 108566
<br /> 7�OC}@7HFR WITH dl lbo impmvamaua now ar Na�e+itkr eracted ao t6e property.and dl ea�etaenu. �ppurtenances�
<br /> and tiatu�a aow ar 6a+e�tier�p�t oP the ptoperty. All ropl�comenta�nd add.idau�h81�la be coverod by thi�S�rity
<br /> Ipiqnunent, All of the faeQoia�i�mfened w in thls Secu�ity Inunun�nt u tbo"Propaty."
<br /> BORROWFR COVSA1AfV7'S tlW Borrowcr i�l�wfi�lly Ref�ed of Ihe e�late heneby oonveyed uid ha�Ihc d�ht W�nt
<br /> and convey Ihe H+ppaty md that the Property is unencumberod,escept for etkumbrurcd of recoid. Bamwer w�rnnn a�d
<br /> ° will�lefend Qenerdly�he dtle to the Proporty a�inst dl c1�1ms wd denwids.wbject w any encum6ratKxa ot rocad.
<br /> TttIS SECIJRI7Y INS7'RUMBNT combinca unifixm covenants for nadonal use aad noa•wfifo�m covenents with
<br /> ,�� ILnfted variuiona by Juri�dlction w caistitute a unifam�ecurity inswrnent covering real property.
<br /> UNiFORM COVENANTS. Bormwer u�d Lender covenant and agnx as foUow�:
<br /> �,✓ 1. Paymeat af Prlocipl aod laterati Pr+ep�yment aod I.sh Cb�r�s. Bomuwer sludl PromptlY PaY when due the
<br /> princi of end interest on the debt evidencod by the Noue and any pmpnyment and late chergca due under�he Naa.
<br /> � I�1�odA tor'hxa and Innnt�ce. Subjxt w applicable law or to a writtea weiver by l.endcr.R�xmwu siwp pay w
<br /> l.a�der an the day monthly paymenta ar�e due uader the Nou.undl�he Note ia paid in fWl.a aum("Funds")for.(e)yeuly
<br /> Ir` �"i�� , taxes and assessmenu which may�ttafn pdotity over this Security Instrument as a lien oa the Pmperty;(b)Ycady Iwselald
<br /> ��� psymente � ground r�cats on�he Property� if any: (c) Yearly hazand or propaty iosurance p�emlwns:(d)YeArIY flood
<br /> `' ,3;;;;,;�;*,:%�,;�';"�: iosurence prcmiuma,if nny: (e) Yearly mon�age insurance premiums.if any; and(��ny suma payAble by Bomuwer to
<br /> wo�? Lender.in accotdence with the provisions of parag�aph S,in lieu oi t6epayment of mortguge insurance premiums. 7bese
<br /> '-,��-'�,�?.���;,'�"::. items arc called"F.RCrow Itema." I.ender may.at any dme,coUect and hold FLnds in an amount not to excad the aw�uimum
<br /> "w}���•.,;�p� amount a tcnder for a fedcrolly related mortgage loan may rcquire for Bamower's escrow account under the federn! Real
<br /> ,. '�"� .;s:�";'�'• Fstate Sepkment P�ncedurcs Act of 1974 as amended from time to dme.12 U.S.C.¢2601 et srq.("RESPA").unless Anather
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<br />, . .•• ��: •- .;- law lhat epplies to the Funds sets a lesser emount. !f so,Lencler may,at any tlme,collect and hold f�nds in an amount aot to
<br /> ';�n �l• exceed the lesser amount Lender may estimate the umaunt of Funds due on the basis of cunent data and n�conwbk
<br /> • ` �� . �� . estimates of espendjwtes of fuwre Escrow I�ems or otl�erwlse in accordance with npplicabk lew.
<br /> . ; � The I�nds shell be held in an inatitudon whose depacits are insuned by a federal agency,insaumentality,or entity
<br /> ;. " ' (including Lender.if l.ender is such an institution)or in any Federel Home Loan Banic. Leader shell apply the Funds to pay
<br /> ' • "s'��-� ' '. •�,`' Ihe F.scr�ow Items. Lender mey not charge Borrower for holding and applying the Fuads,annually analyzing tho escrow
<br /> � � " " account. or veriiying the Escrow Items, unless L.ender puys Borrower interest on �he Funds and applicable law permits
<br /> �� �� �►-°+`� I.ender to make such a charge. However.Lcnder may r+equlre Bomower to pey a one-Ume chazge for an iodependent real
<br /> .. �,:,•+...•.
<br /> ,��r - .�,. eslete tox reporting serrice used by Lender in connecNon with this loan.unless appficuble law provldes othenvise. Unless an
<br /> . � ,, agreement is made or applicable!aw requires intcrest to bc paid.Lender stwp not be required to pay Barower any intcrest a�
<br /> eaminga on the Funds. Bomower and L.ender may agree in writing,however,that fnterest sholl be paid on the Funds. Lend�r
<br /> , , shell give to Borcower, withou�charge,an annual accounting of the Funds.showing credits and debits to the Funds and the
<br /> � purpose for which each debit to the Fbnds w�.4 made. The Funds are pledged as additional security for all sums sacu�d by
<br /> - , ih3s�uriiy fnst�ur�teni.
<br /> � � , ,. If the Funds held by Lender exceed the amoun4s permitted to be held by npplicable law,Lender shall account to
<br /> �• .. Borrower for the c�ccess FLnds in accardnnce wi�h thc requirements of opplicable law. IF the atnounl of the Funds held by
<br /> • � • l.ender at any time is not sufPuient to pny the Escrow Items when duc,Lender may sa notify Borrower in writing,s►nd,in
<br /> ; ' , such case Borrower shnll pay to Lender �he sunount necesuuy to ms►ke up the deficiency. Horrower shall mai;e up the
<br /> 1. i � deficiency in no more thun twelve monlhly puymentr,ul Lender's sole discretion.
<br /> �� . Upon puyment in full of all sums.ecurcd by this Securiry Inswment,Lender shnll prompdy refund to Borrower any
<br /> ' Funds held by l.ender. If,under paragmph 21,Lender shall ucquire or.r•ell the Property,Lender,prior to Ihe acquisition or 1 N
<br /> � aule of the Praperry,shall apply any Funds held by l.cndcr at thc�ime of acyuisition ar�ule a.S a credit against�he sums
<br /> }' , „ , secured by this Securny Instrumem.
<br /> �; .. : 3. Applicatiop ot P�yments. Unlccti upplicublc luw provides othcrwise, nll paymcnts rcreived by I.ender under
<br /> `` � pnrugraphs I�md 2 shull bc upplicd; tint. to uny prepuyment churgc.duc undcr the Note;second,lo amount�payAble under
<br /> ��� � parugruph 2;third,to intcrctit duc;fourth,tu principal dur;und lu��,to uny lutc churge�due undcr the Note.
<br /> �► , 4, Charges; Uetts, Born�wcr shull puy all luxeti, �ti�c..ment,,chargex, fines and impositionc auributuble to the
<br /> .• - .= Prapony which mAy attuin priority nver this Security In�trumcnt,und leuschold puyments or ground remc.if uny. Bormwer •�
<br /> 7 .. shal!pay thesc obliRu�ions in the manncr p�ovidcd in puragraph 2,or il'not puiJ in thut tnanner,Borcower shall ps�y them on d.�
<br /> � cime dircctly lu the penon owrd p:�ymcnt. BorTOwcr shalf pramptly furnish a�L�ndcr all notice+of umoums ta be puid under -
<br /> thix parugrnph. If Rom�wer make�the�e payment�dimctly,Borrower shall prnmptly i'urni.h�a Lender recelptc evidencin;
<br /> , � the puymems. _
<br /> Borrower shull pmmptly di.churgr uny licn whirh hu.prioriry ovcr ihds Scruriry In�trument unless Borrower.lu)agrces ;�•�
<br /> ' in wri�ing to the puyment uf the oAli�utiun.ecured Ny�hr licn in a manner arceptublc�o Lender,(b►conte.ts in gocxi fuith the � •"
<br /> � , ' lien by,or defend.�gainst enTorcem�nt uf thc licn in.Ie�al pr�xeeding,Nhich in thc Lcndc�:opiniun.�x��atc w pre�cnt d�e
<br /> � enfonemrm of�hc licn;��r(rl+ecurc.frum�h�hul�kr of thc licn un ugrccmcnt tiati.rl'arlary tu Lrnikr sutxmlinu�ing�he licn
<br /> to this Securiry In,rtrument. If LenJrr Jctcnnine+ thut un��pan i�l'Ihe Pro�xny i..uhJcrt tu u lien which may attAin priority
<br /> ovcr this Sccurily�nsuumcnt.Lcndcr muy giv�Born►wcr a nuticc iJcmil'ying Ihc lirn. Borc��w•cr�hall satitify thr licn or wke .�-
<br /> � ane c�r morc of the uctH�m�et li�nh ahcwr wiihin 1�1 duy.uf Ihc gi�•ing ul'notice.
<br /> • � 5. Hpuud or Property Incuruncc. Burruwcr�hall kcrp�hc impr��vrmrm.nua��xi.iing on c�rcalicr cre�tcJ�m thc
<br /> . Propcny in+urcd agaimt I��., hJ�fire. haiarJ+includcJ��itMn thr Icnn"cttrndrd ru�rragc"anJ�ny i�thcr h;vard.,incluJing
<br /> � � t7aads or Fluoding, fnr which Lcrntrr rcyuire. in.urrnrr. 'I'hi. in.urunrc .hull fx mainluineJ in thr umiwnl�und for thc �
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