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<br /> iTocB�R wrcH au t�e�n�avemmn no�a haattrs�a�d m me�op�t,►,aoa au as�n�t+.appu�seaaaccs.�od
<br /> = 6�ies�nar9v o��6ecpR� s p�t of dre prapaty..AU teQlao�ars aod sdditions shait also bc oovezod by d�is Sa�itY
<br /> = ' �trameat.All of ti�a fcxegoing is refe,rred to ia this Sacuriry Luti�eac as tiie'Property'
<br /> --� HORROWER COVENAN'fS tiut Borrowa is IawfaLly seised f��raaas of r000nd. Boriower warren�will
<br /> oomey the p�o�etty�nd t�t the firapeity is ut�aimbecod,excep� .
<br /> _ •� `�e{�d g�t�lty tl�e title w t�c Pmpetty agaiast all cl�im4 aod dem�ods,su6ject to�y enaimbcaaces of r000rd. _
<br /> - ----�;� THIS SECURiTY INS11tUMErj'T oanDins uaifartn coveoan[s far a�ional use a�ann unifarm cov�nts with iiautad �
<br /> — - - - va:inIoas bY!'��an W oo�stitu[e a unifoffi secuidc�t instrument covering r�t properiy. - , - .�.--- �._-__
<br /> f UDLIFORM COYANANTS-.Bormwer aad i�rnier caveoznt aod agtee as foUaws: ___ _.
<br /> �:�'�:' - 1. Pl�peu�M at Pttdcipal aed Itates+d:Ptep�yme�M aad I�te Ct�t�e�.Bomnwec sGall QromptlY P�Y when dae We =:.=--_
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<br /> ,�: , Vrinipal o!aad intcrest on the debt evidenced by the Nute and a�►Y Prep��n�a n d.l a te c h a r ges due u n d e r t t�N o c e. �. _ �
<br />-. ``: � 3.F�foe Tues aed Irateaace. SubjeQ to applicable law aF Eo a written w3ivet�y Icader.Borrower sba11 pay tu ��` �..
<br /> � i,ender on the dry mond►tY paYtnents atie due undcr tfi�Note.until tAe Note is paid in fuq.a sum("Funds'1 Cor.(a)Y�Y��- �_�..��__��-
<br /> .` . - _ � �nd Kiesvrcnts whicf�msy�tt�n�riority nvcr Utis Security Instrumnt as a lien on the Pioperty:(b)yr�rty feudroid pYyme�us ����:__�_�
<br /> _ ' a genand�eats an thc Prnpeny,if�r�r:(c)Ycu1Y�or Pn�pem jnsur�n�P�ums:(d)9e�ulY ttood insurrnue premeum+, �, ;,�,�,,
<br /> � _ � it rny:(el Y�Y��g�ge enwrrncc premiums. �r�►y:and(�any saRes pryable by Borrowc�co i�endcr.in acooni�noe with ��:..��.�•;;�-
<br /> thc pcovisit�ns at puag�ph 8.ie Ilcn►of!�e payment of moRgage`insuranoe premiums.'iT�esc itrms nro cuitcd'Escrow fteras.' .-; . .. _�
<br /> � l�edet cn�y.at Any time,collrrt and hold Funds in an�mnunt not to caceed thc a�imum amonnt a lendet for a ledetally -{�i;,- .
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<br /> :R �' . reixed moRgage loan may rcquire far Borrower's escrow accoun t u n d e�t h c f o d e t a l R e a l E s t a t e S e t t l e m a�t P r o c e d u r e s A d o f�- ,: - —
<br /> - 1974 a4 ameadod from tirp�tc�time. 12 U.S.C.Section 2601 et s�q. ('RESPA').unless anothcr taw shst applics w tAe Funds. :�:`�
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<br /> aets a tesser amount.It so,Lendec may.at eny cime,collect and hoW Funds in an amount aae to e x a e e d t h e tesser amn u n t, �,,3:.� ;,:.�:.:
<br /> ''� ieoder nuy esim�te tbe a�rwunt af Funds due nn the bzcis�f cutrent data and reasonabie estimates of cspetiditures of futate� 4.;-�;,:;...;:;r�,t.;;
<br /> . Escrow[tans or athawise ia accordance with applicable taw. �:�� '`
<br /> � - 7'he Fuad9 shall�be ixid in an instiwdoa wlfose deposits are insur+od by a federal agencY. insttumental'sty, or entity.� `.;';t�;.�:..—
<br /> �.°- (inclnding l�a�der.if leadee is sucb an iastitution)or in any�edetal Home l.oan Bank.L,ender sdall apply the Futids m pay tha . ;_:'-:;,,,,;:
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<br /> ,;, ; , . ,'< � Fscrow Itaas.I.ender may not cha�ge Bomawer for holding and applyiag the Funds.annualty analyzing the escrow nc.cnunt.ar• . �.�
<br /> , : . . , verifying the Escrow ite�ns,unless Lcnder pays Bnrrower iaterest on the Tuads and appticable law pemuts irender to a�ake sucb �:.'' :ti::_
<br /> • � ' ' a charge.Howcver,Ixnder may require Borcower to pay a one-time charge for an independent real estate tax�porting sesvice ��.'.. . �;.:=-
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<br /> ., . y � ; used 6y Lender in cenuection with Wis loan. unless applicable !aw provides atherwise. Unless an agreement is made orr, k�,;.; ' .:`'
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<br /> . aPPlicable law requues ir�erest w be paid,l.ender s}�all not be tequired to pag Barrower aay intec�st or eamiags on tte FaadII:. j .:.;,;. .
<br /> . - . . l.eadgs�+na- in�vritin .however.that intecest shatl be gaid an the Fuads. l.ender shall give to Horrov►�er�,. • ,�,.�
<br /> • .: Bomower and } agree S
<br />::::f;;:�..,: < ' without cha��.an ap�aat accannring of tf�e Funds.showiag c[edits and debits to the Funds and the purpase for tkhi��each� .::'• `: � .
<br /> `'"r' '.� !z ,S debit to the Fands w�as made.The Funds are ptedged as additiomal security for all sums secared by this Ser�rity Instramus3t•. �:;� ' ;'� °°
<br /> ��'. � b' � ti the Fw�ds[ie!��g Lender exceed the amounis permitted to be held bg applicabte lcw,lender shall acrnunt to Hm=aRes� .`A i� !,.` �,.�.
<br /> w. Yf the amaunt of the Funds he�ti by Lender at any� ��;:�'':;;��:,' ,.�x,�''�
<br /> � . `. �: . • for si�e exoess Funds�acrnrdance with the requirements of applicabte la ` ...•.;:: . �.
<br /> . r�, ,`�,�.,. � � time is not sufficient t�pray the Sscrow Items when dae.Lender may so notify ffarroaer in writing.aad,ia such��se Borrower•' • '.�` '
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<br /> , , shal!pay to Lender the amoune necessary to roake up tha deficicncy. Barrower shall make up the deficiency in ao moie tharri� . ;:,�
<br />• �. . ' taelve moatlily payafe:�;=,.at•l.ender's sote discretion. _ �� '��
<br /> �'',�•z . Upon p�aYtr�aa�fr�c�i af al! snms secured�y this Security ln��trumeax„Le�der shall promptly se��Cad to Borrower any�,�, , ,.' .:�i.';!="�;
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<br /> • ,';.` , • �, • Funds hetd by Len�:u_GE;under paragraPb 2i.DJ�shall acquire or sel!tL-.e(�riiperty.Lender.prior ta eh�acquisition or salu. � . '.�•,,:;.�".. ' �. . .�-
<br /> �� "`l � - � � of the Pmperey,slaa�a,�,lY any Funds hcld by�a�.-at the time af acquis�.,�or sale as a credit again�-i the sums securod I�;'� . '-�'�: ..,;';'.`�.;..;.�.,
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<br /> t„. , '.�,t + � � � 3.�m'FPayments.Unless applica.�:.��r prec�L`V;cc;izrw:se,,.�l1 payments received by Lender undrr p�1is y,,.i„ ,,,,,,',:
<br /> - ;t. t;�•� , 1 and 2 shalt be��s�:'::,first,to anY P��Ym�r�:ia�*�es due��rd�s t;�e:��'���,scxcmd.to amaunts payable under pr�m�li�2:' .:• . "., ... ..Yi
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<br /> � ►� �� ' � ' third,tp inter��rrt ia;srth.to principal due:�,r�:'1�-t,to any latc char�e3 otia:�der the Natc. ..• � -
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<br /> ' ., • . . . ' 4.C6arg��;iens. Borrower shall pay all tax�s.asscssments,chara�:.tir�and impositians auributable to irae�r6ve�' : . .. • ..'" :,{r„,,.
<br /> . �'-.. � afiich may atta:a•�^ority over this 5ecurity Instrument. and Icaschotd pay��.s or ground rents, if any. Borros;i�.c�all pay ����,.,.. .: .
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<br /> ..���� . these obligations i�.�c manner pmvidcd in paragraph 2.ar ii not paed in that�'anncr.Bortawcr shall pay them on tima�firectly � , „t►),�r�lt:��.
<br /> `.�. ' • � to the person owe.�.r.�:;ment.Borrawcr shall prorry�:r;x:€c:rnish to l.ender al!r.rn�lces of amaunts ta be p�:uadcr this paragraph. %4;��. • �,-
<br /> ��"��� ;' �. If Bonower maY.es'::`1:�:payments directly.Borro���x:L�ll prompdy fur�si�iT ii���..ender receipts evidenc{rE,the payments. .� . . . .��;i,,'�
<br /> ., ' � ' Borrowcr si�::i"�,pz�mptty disehargc arry lien whira':•�ti priority over t'�liuc�:.-urity lnsirument unles.c Borrc�wer.(a)agrccs in , � •. : . � ���r ;
<br /> • ;�. • , . writin g to th�p a f�f�7:af ihe obligation sccurcd by the t:a�,;si��rnanner acceptable ta l.cnder.(b)contests in gaod falth thc lien � f • �
<br /> . ,�: . .
<br /> ' • by. or defends a��iyat enforccment of the licn in, le g:�t-���.!ings w hic h in t he L cn dci s.a pi n i o n o p e r a t e t o p r e v e n t t h e f
<br /> - enforcement of the:il:r..•;or(c)sc:cures from thc holdcr��f[�.•iS!,�:an agr�r:�:.t satisfactory to Lcndcr subnrdinating the lien to ; � .
<br /> . this Sccurity lnstnr..;�-,:. If I.cndcr dctcrmincs thae x�y part �t.nc PropcnJ. ��subjcct tu a licn which may ttttain priority av�-r � •
<br /> . ' this Sccurity lnstrumcnt. l.cndcr m�y givc Borrowcr a nnticc idcntify ing tEre licn. 8arrowcr shall r;��isfy thc licn ar takc or.c far- � . .
<br /> � � • teote of the actions set fortb abctive within 1�days�>F the giving nf natice. : e
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