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<br /> '�IS S��'�lR1I`Y IrTST��3M$�CO1rib�II�4 ttA�idt C�Y¢lliiit8•�f O�IOAt11180 i{qf�3!�'110�O�tD.CQ1i�38Ilt8�WI1�`��`.,� `��.
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<br /> - -- tTM�URR�!C4`lHNAIJTS:Boito�var and f�r soVensnt and a�rae a�fgftou+s,� " .: •. .; ' ° �,: .
<br /> _ �� i.P�e,nt ot Rincipaf�ad i�Prep�ya�pRt and�a►te�� Bomower�ha1l.�aqm�tiy Pa�!wt�en�da�;t�e,``;, --
<br />-- ptinsigal of and intesest on tht deDt evidenced 19y the Note an�anp pn�ayment mm@ tate caaTges dp�undes�e 1+Yate.�. � .
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<br /> - � , Len�r oa sLeday monsWY PaY?aents ara dde u�des tha No�.mmil tAe l�tota�s paid isi ful�u stuq('Futlds'�for:(a}yesxtyr t�. •:
<br />_- -- . and�s�ments wIdc�may ettaiu prioety over�this Seourity IASt�u�eat as a Geb an'dte Praperty:N)Y�Y tea�td gaymie�ts -
<br /> or gratinsl tents on ttee Property.if any:(c}yes�y h�d or pmoperiy in�utanoe premiums:(d1 Yea�iy Stwd iUSUmncapremiWng: :
<br />= �f an,y:(e)Yearty mortgage insw�pce preraiuuxi:•if aay,aad(fl anY'suiqs,Qayahie Dy Boanwer to Lcndca. ia acomrdanoe wit�� • �
<br />= t�pmi�isions of pat�ap�8.ia lien of the paymeut of mortgag�inStpai►ce p�:miums..'Inae It�m.s ana calIod"Hse�ow It�ems." :'.
<br />_ Lemder may.at aay titue.ooIIect and hold Fwids in an ffiuognt aat tn eaaeea�the maximum ambunt��mter for e:fcdtraUy ., ;
<br /> mlat�d a�ngage Iean�nay iequire for Bormarez'�gscrow a000uni�inder the fatera{�teal Hstste Settieaoent Pmoadwrs A�,of,
<br />_ . 1974-as ainaaded from time tb time.l2 U.S.C.Seit'coa Zb01 ef�seq.("1tESPR•).untess snottier law tt�at applies W tiu Fands �
<br /> sets a te�ser umount. �f so,I.ender may.at any tbue, oo1lect a�i 6old Fuads in an a�nut na�to��eed the l�sser�� �
<br /> Lender may estimate t�e amount of FS�ds dua oa the basis of caaent data and reasonabte�of mcpec�disures�f fiitune
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<br /> Escm�v iteu�v or otherwise in acooNancG with epgl€cable law. . � . .
<br />=����=�:�'���_,;°:�, The Funds shall be fleld in an iasKiutioa�rhose deposits are insuted by a federai ngency, insaumentatity, or`eatitx
<br /> �. , � � (iacluding Leuder.if Lender is sucA an institutioa)or in euy Federal Home Won Baok.Lender shaRl appJy the t�nads w gay tLe
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<br />- - -_;. , 8scrovv Ite�I�nder ma not egtrr.nwei fu��ho2 ' aud �: �`—
<br /> - . <�. ,.`,�-:•_.�>•• .. Y cha� ding epptyiug the Fund�,aaaualty atratyziag the escro�v mooawtt;or ,-:�.:
<br /> �',-°:�•:,..' :a.,.-��' vecitj+ing We Bssavw Iteans.unless Ixnder pays Bormevei interest on the Fuads and applica6le,taw petmits Leader w make sncL :',;'<;�;:�<.-
<br /> "'` � � ` a charge. However,I.ender may reqiate Bormwer to pay a oue-tinne chatge for an iadepcndent�!esmte tax reporting se:vto� �� � � i�` _---�
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<br /> - ,'r<<� '�'?;•:�:�w`'�" ut�d by Leades in oonnecdon arith ttis toa�t. nniess appiicable law pmvides oWe�wIse. Unless an agreement is made os � .'•���;��.�-- -_-
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<br /> ,:`�:`�'�,.`-''';'..� ePPlitable taw irquines interest to be paid Lemder�shall not be naqui�ed to pay Bon+ower any iaterest or ea�niags on tbe Funds. .,=.,`:��:=°__
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<br /> :. _ Bomnwer and Lender may agree in writing,howev�r.that inierest shalt be paid oa the Fnnds. Lectder shall give to 8o�rower, '�' •
<br />�;�� ,`;��•:'�•.` ��t;� � without chazge, an annual aocounting of the Ft�nd9;showing credits and debits to the FuMs and the pwpose far w�ich eacb � -';�i';;
<br /> � `.:-��������'u��:h:t:,,_�;� debit W the Funds was a�de.The Funds are pleitged as addidona!se�uit};�r eU soms s�cure�by this SecuritY I�an,��rt. .`•"-' -------
<br /> �.�.;�, �,��:�. .':.{�. � • Ff�tee Fuads he2d by Leader exoeed the amounts pemriued to be hei�bY BPPlicab2e taw.I.ender shaU e000uat w Bamnwer � __
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<br /> -;� � ?S�4 r-,,�:' �`�:''�.' f o r�i a�t e ss F e m d s i n a c c a n d a n ce w i t h t h e r e q u i r e m e n t s o�a p p l[c a b l e 1 a.w. I f t h e a m o u n t o f t h e F o n d s h e l d b y L e n d e r a t a ri y
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<br /> �• ' dme is not suffuient to pay the Fscrow Items when due,Len�r may so�ni�fy Borrower in writing,ea�a,In s¢ch case Bomawer..,._. .
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<br /> ''`., :. . . �.�` shail a to Le��t�Ehe amount n to +
<br />;; �,,�;,.;,_••- °� : a p Y h ecessa�Y ���.�tLe de�ciency.�or�wer shalt make up the de�ciancy in no more tbau � -
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<br /> - ,��;`':��'4;:�i,:,. twe{ve monthly paymenu.at Lender s sole dis�ai:.:� ;:. . , .
<br /> ;�ti�=� � Upon payment in full of all swas secur+a3�by ifus S�euriry Instnuiter��Lead�r shall promptiy refund ta Bomawer atry
<br /> ��:�'�.�t�'s��°'}�`��':.°� .'.' Funds hetd b Lender.If imder sia h 21 �d0r sfiall a �re or sefl the Pro
<br /> .,;�.�����,�1.;.._� � Y , P �P ,. �N' P�Y��nder,prior to the aalWsitlon or sale
<br /> � �.�.• of the Prapertyr.shall apply any Funds held bp[,ender at the time of acqulsition or sale as a credit egainst the sum.s secuced by
<br /> " �` ` t ��} this Socurity Instrament. .
<br />^"` ��.�`c` 3.AppUcatfoa of Paymerats.Unless applicable law provides othenvise.all payments received by Lender under paragraphs :�==.:
<br /> . i and 2 shall b�applied: first,co�y prepayettent charges due under the Note;second.to amou�u payable under paragraph 2: =
<br /> , thir8.co interest dne:fourth.ta pri.tcipal due;and last.to any late charges dae under the Note. �'�:'.:=
<br /> ` ; • . Q.Ct�arges;d�u�as.Borrower shall pay al!taxes.assessments.charges. fines and impositions attri6utaDle to the Property �:,�.`'�
<br /> � •� � �_ '� whtch may attaiR pr�ority over this Security irwvment.and teasehold payments or ground renu. if any. Horrower shall pay �u''°=2
<br /> � ' • ° � these obligations in the manner provided in�.�r-.�graph 2,or if rtot paid in that manner.Borrower shall pay them on time dirractty -_
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<br /> `�'�; ,.. ' � ' • to the person owed payment.Bcorcower shalt prompdy fumish ta l.ender all notices of atnnunts to be paid under this pazagraph. `�.�:�`y€<.
<br /> � ' If Borrower makes these payments d'erectly,Borrower shall promptly fumish to Lender receipu evidencing the payments. '�`�"�`�--
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<br /> -. Borrower shall promptly das�,arge any lien which has priority over this Security Instrument unless Borrower.(a)agrees iu <.;���ti.t�•
<br /> `� , .. . � wrlting to the payment of the obligat'ron secamd by the lien in a manner acceptable to Lender:(b)mntests in gaod faith the Iten �'t��.,��pt.:-�
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<br />-� � �:�' by. or defends against enforcetner.t of the lfen in. legal pmceedings which in the Lender s opinion operate to prevent thc ;��`�'�`;:'`
<br /> ` ;' . • .•`•! eaforcement of the lien:or(c)secures from the holder of the lien an agreement satisfaaory to l.ender subordinadng the lien ta ,_:�±��.,' ,:`
<br /> . ; �� � � this Security Instrument. If I.ender determines that any pact af the Property is subjecc[o a lien which may attain prior3ty over '
<br /> � ,�, this Security Instrument,l.ender may give Sonower u notic:identifying the lien. Borrower sha11 satisfy the lierc or take one or ••'�'
<br /> � ;,� moie of the actions set forth above within tU days of the giving of natice. �
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