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_��.. ,���ry' �.`"~ - ___�...
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<br /> '93- si�soe
<br /> '!'oo�1Y.Ett wt'TH�u tt,e tmQrovemenu now a berealta erecced on thc property.aat au e�ane�u.�pputtenat�.
<br /> �_� - � and tixw�ea now a haeafter a piut of the pmpeity. All repluemenb md�ddldona�hdl dso bo covarod by thl�3acucity
<br /> In�tnimen� All of the fae�oin�u�sfexrad W fa this 3ecurity Insnvmcnt�uc the"P�nperty."
<br /> BORRGWER COVBNANTS that Borrower i�1Rwfully Kiced of the e�wte hercby conveyed And tua the riQht 10 gr�nt
<br /> and convty tbe Property and ttwt the Property la unencumbered,except for encumbrances of reco�d. Bcxrower wamnts md
<br /> wjU defend geneally the dde to tbe Propaty a�wut�11 cLims�od decmnds,abject to�ny encwnbance�of recard.
<br /> .-:�,_..�,,..._,� TH[S SECURITY INS'IRUMENT camAlnes uniform covenanu for nAtion�l use and non-unifam cova�ants wlth
<br /> - WNted varl�tfons by jurlstlicdan w consdtute a uniform security instrwnant coverin8�P�nY•
<br /> _ — - - _ UI�TIFaRfvl Ct3VEiYANTS. B�iciuwer ai�d ixudei cove�.ant a��td agr�rti;foSuws:
<br /> 1. Pf�ymeut ot Principd and Iatercst;Prepa�yiuent swd I.Atc Ch�tr�a. Barower shall promPUY PaY wheu due tbe
<br /> - pciucip�1 of end iaterest on the d;bt evldenced by the Note and any prepayment and late charges due under the Note.
<br /> Z. �unds for'll�xes aad It�tc�nce. Subject ta applicable law or to a written waiver by Lender.Borrower shall pay w
<br /> L.ender on the day monthly payments en due under the Note,untll thc Notc is paid In full,a sum("Funds")for.(a)yearly
<br /> - _° taxes and�.vsessmeats which may attain pdodty over this Security Iasuument as a lien on the Praperty:(b)yearly leasehold
<br /> p8y[11GRtS Oi gi0UI1d iGI1LS OII tI1C PfOpGI'[Y. �f any; (c) yearly hazard or property insurance premiums; (d) yearly flood
<br /> insurence pnmioms. if any; le)yearly mortgage insurance premiums, if any; and(�any sums payable by Borrower to
<br /> Lender,in accordance with the provisions of pareg�aph 8,in Heu of the payment of mongage insurance premiums. These
<br /> items are called"Escrow Items." Lender may.at any time,collect and hold Arnds in an amaunt nnt to exceed the maximum
<br /> arnount a lender for a federelly rclatcd mortgagc laan may require for Borrower's escrow account undcr the federal Rr,ul
<br /> Estate Settlement Procedures Act of 1974 as amended from time to dme,12 U.S.C.�2601 et seq.("RESPA"),unless another
<br />-- Iaw that appUes to the FLnds sets a lesser amount. Jf so,I.ender may,at any time.collect and hold Fuads in an amaunt not to
<br /> � =9� ' exceed the lesser amount. Lender may esdmate the amount of Flmds due on the basis of cwnnt data and nes�sor►�ble
<br /> .� estimates of expendituc�es of future Escrow Items or otherwise in accardance with applicable law.
<br /> The Ptmds shall be held in an institution whose depasits arc insured by a federel agency, insuumentaliry, or cntity
<br /> (including L.ender,if Lender is such an insutution)or in any Federal Home Loan Bank. I.ender shall apply the Funds to pay
<br /> �,� � the Escrow Items. Lender may not charge Borrawer for holding and applying the Funds,annually analyzing the escrow
<br /> • account,or verifying the Escrow Items. unless Lender pays Borrower interegt on the Funds and applicable Iaw permits
<br /> - Lender to make such a charge. However,Lender may require Borrower to pay u one-time charge for an independent real
<br /> estate tax repoRing servIce used by Lender in connection with this loan,unless applicable law provides otherwise. Unless an
<br /> agreement is made or applicable law requires interest to be paid,LenJer shall not be required to pay Botrower any interest or
<br /> -- earnings on thc Funds. Borrower and L.ender may agree in wriNng,however,that interest shall be paid on the Funds. Lender
<br /> - shall give to Borrower,without charge,art annual nccounting of thc Funds,showing credits und debits to the Funds smd ihe
<br /> _ purpose for which each dcbit to ths h�nds was made. The ELnds are pledged as additional security for all sums secured by _
<br />.>—``'' �s Secur':ty Instrumtnt.
<br />_ ,�, �,r,�, , If the FLnds hetd by Ltnder exceed the amounts perntitted to be held by applicable luw, I.ender shull account to
<br /> . .+�ror -�rt:�•;_..,,,N Bomower for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by
<br /> `�},�tt'`v�i��'+�:.� .Y Lender at any time is not sufticient to pay the Escrow Items when due,Lender may so notify Borrower in writ�ng,and,in
<br /> "+�'�'•4':'-%'�"�" such casc Borrower yhall pay to Lender the amount necessary to muke up the deficiency. Borrowcr shall make up the
<br /> r.ux.,. '
<br />;'•';,,. • ,•>,s„•„' cleficiency in no more than twelve monthly payments.at L.ender's sole discrction.
<br /> - i{���:. :4� a Upon payment in fuU of all sums secured by this Security Inswment,Lender shall promptly refund to Borrower any
<br /> �C `i',7""'�`��"�`` ```'' Funds held by L.ender. If,under paragraph 2l,Lender shAll Acquire or sell the Property,Lender.prior to the acquisiuon or
<br /> i�."`' . ��•��"' sale of the Property, shall upply any Funds held by I.ender at the time of acquisidon or sale ac a credit aguinst the sums
<br /> " ,°"'�� ,�� secured b this Sccurit Tnstrument.
<br /> `�`�:�:..: Y Y
<br /> ___ .�,�"' �- 3. Applicatbn ot Pfvyments. Unless upplicable law provides otherwise, all payments received by Lender under —
<br /> � '�"�-'� ' � puragraphs 1 and 2 shali bc applied:first,to any prcpayment chargex duc undcr the Note:second,to amounts payable w�der
<br /> µ�` �`��"'•�""•`r ara ra h 2;third,to interest due;foucth.to nnci al due:and Ia�t.to un late char es due under the Note.
<br /> �1J�� ��`'"*'�~,'�'d''�',_• p 4.p Chprges; Liens. Borrower shallrpay all taxes, ussessments charges.fnes and impostaons uttributable to the
<br /> ' ''�`�"�"�� '�`� ' Property which may attain priority over this Securiry Instrument,and leasehold payments or ground rents,if nny. Borrower
<br /> ..,.�,.
<br /> r:. � �� shall pay these obligations in the munner provided in paragraph 2,or if not puid in that manncr.Borrower shall pay them on
<br /> - '�"'}K"�`r�� time directly to the person owed payment. Borrower shuq promptly furnish to Lender ull noticcs of amounts to be paid under
<br /> �'"� �'.' :�'�':'�' this ara ra h If Borrower makes these a ments dimctl Borrower shall rom d fumish to [.ender recei ts evidencin
<br /> � - �,y"`;'��: 't`,:.t� the paymen s. P Y Y• P P Y p 8
<br /> Borrower shall promptly discharge any lien which h•rs priority over this Security Instrument unless Borrower.(a)agrees
<br />: ' in writing to the pnyment of the obli�ation secumd by the lien in a manner acceptAble to Lender,(b)contests in gaod faith the -
<br /> "y_�, .�'"` lien by,or defends against enforcement of the lien in, legal proceeding�which in the Lender�opinion operate to prevent thc
<br />_=:,T �= •�, enforcement of the lien;or(c)secures fmm the holder of the lien an agreement satisfactory ro Lender subordinating the lien
<br /> _ ,y 3°��'' to this Securiry Inswment. If Lender determines that uny part of the Property i�subject to a lien which may attaln priority
<br /> ��_
<br /> _ ' �``�4.��.�"�+''; over this Security Inswment,L.ender may give Botrowcr a notice identifyin�the lien. Borrower shall satisfy the lien or tatce
<br /> -- `�d'i"`�"'a?•��:� '•` one or mote of the actions set forth above within 10 days of the giving of notice.
<br /> ��, ,y .,,�� ,;- , 5. H�rd or Property It►curAnce. Borrower shall keep the impruvements now existing or hereafter emcted on the
<br /> 7r r"' Property inswed against loss by fire,hazazds included within the term"extended coverage":md any other hazards,including L:
<br /> �_-•:� floods or floading,for which Lender reyuires in9urunce. This insur�nre shAll be maintained in the amounts �nd for the
<br /> M.�
<br />-�f����� Form 3D18 9VlD rpage 2 oj6 pagt:► ,-
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