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<br /> �racEC�Pt wm�I�u t�e:�i�,pcovea�ents�ow«t,t�er e�acoed on the p�operty,a�,a eu casanaus,.�.
<br /> • ind fisWc�ea now or hae�ter a p�t of tLe.p�operty. All cepl�ce�nents and.addiUans shalt aLso be cave�ed 6y tlus Security ,
<br /> Insnwaent. All of the faeEoin�is t+efetted to in this Sec�uity6iswmept as tbe"Froperty."
<br /> � BORROWFR OOVEKANCS that Bor�wa is lawfulty scised of the cstue henby comeyed and hat the right to grant
<br /> ` su�d convey the Ptapeny aad tbat the Pmpenl►is unencwnbered,except fw encvmbrdnces of�oid. EoROwer waaants aud
<br /> vrill defead geaetally the dtle to the P[opeRY a8tinst all claims u�d deroand.�,�subjeet W any encumbcanoes of recotd . -
<br /> THIS SECURITY iNS"IRUMENT canbines unifam covenwts fa,aadonai use and non-uaifoim covenants wi�.
<br /> . limited variations by,ju�is�'tian to oonstiwte a uctif9����!'�vstroment.oanetinS�P�nY• ` _� --
<br /> UNIPURM COVENANTS. Barowtr anQ�.ender rnvenmt and ag�ce as follavrs:. .• wh�due the ` -
<br /> • 1, (yy�eN.otPti�cipd asd Iuta�ti�'�l�t a�d Late Ch�rg�s•.Baaower shail p�mptiY PaY ,
<br /> ptincipd of pnd iater�ct�the debt evidenced 6y the Note and anY P�'ePaYma�t�d tate charges due ander the Note. ,
<br /> � I�y�for.7yus aM!Iasnta�c� Su6joct to applipble law or to a wntten waiver by t.ernder;Bomnwer sliall p�Y to
<br /> Lender on the�lay monthlY PsYP�►u�e d�re a�er the Note,und'I.the Note is paid in fi�ll.a sum C'Fands")for:(a)yearl�►. .
<br /> taaes and assessmaiis wh�ch may attata priaity�ver this Securit��Insttume.nt as a lien oa the FroPertY'-.@kxC�Y leasehold
<br /> P�Y���rents.on the P[opaty.if any: (c)Yearly:f►atatd.or propertY insucance prerniiqn�:�fd) YB 3►��
<br /> insuiance prenuwns.�f aay;(e)Y�Y�SaBe+psurance.P��lu!tuas.if any:and it?�Y�PaI+��bY, .
<br /> l.ender.in accordarsce wi8�ihe pro��isia�s.of paragrapt�8,ia�1'tea Pf the payment of mortgage insurance.pnemwms. 'fhese
<br /> items are called'�s�crow ltems." Lendia.may.a�any ame,rnlI�ecE and hatd Funds m an aznount not to e�eceed the maximnm : _
<br /> amaunt a►ender for z fede�-aliy�netatec�mortgage loan may require for Borrower s escrow accowu�n3rs the federal Real ' ' -
<br /> Estate 5ttttement,ptacediires Act of 1974 as ameaded from time to time,l2 U.S.G�2601 et seq.(''R�SH',,�7.unless auAther , . .
<br /> taw Wat appties tcr tize�'und�scrs�tesser amceun� If so,i.ender noa�.at any um�.collect and hold Fim3s�s an amount not to :,::`�.': ---
<br /> - " eaceed the tassa amoun� i.ender inay estimate the amount,ij€�ds du:on tbe basis of curreiit��and t�??t� :�;.::�:�'�; =-
<br /> estimates of exptndituees of fudm Escrnw Itangot othe�wise i�:�lx6zdance with applicable law. � . : -•;;"::;,' t � . _-
<br /> The Fvnds shall be held m an institation whose depu�2s;are.i�a�by a federel agen�y.insp�taliiy�or�ti�r ��. �. __.
<br /> (inciudiag Lender.if Lmder is sucb an ie�tiwtion)or ia any Fecteial Y�oaie loan Bantc. Lender shall ag�p3y t6e Fi��pay:�• -: `-; --
<br /> d�e Escmw Items.�.�l.ender may not charSe Boirower for holding and.apPiS'm8 t��u°ds*annually.anaF�zinB.tlicescrnw:. ..
<br /> acco�mt,ar verifying the Escrow Items, unkss Lender pays Borrower interest aa the Funds and app�icable Ia�r,:paniits , __
<br /> I.ender w make such a charge. Hawever.Ixnder may require�Borrower to pay a one-tune charge fcrr an in��;�1
<br /> estape tau reporting service nsed ls�r:L•ender io cpnnec6on with tFris loan,wiless aPPlicabte!aw provides o&erwise.,UmIess an .
<br /> ;�: ag�+eement is made or appiicable Iaaiimquites.�te�st tQ 6e paia,Lende�shall not be required m pay Bnaowet any iffte,iest or , �-��
<br /> eamings on the Funds. Borrower and I.endesmay agcee in writing,however.that interest sBall6e paidtia'the Fun3s..Lender '�
<br /> � • shall give to Boirower,without charge,an annual accounting of the Funds,showing cre�lits and deints to the Fundi and the �.�
<br /> . The�nds are ed as addirional security_for all svms secctt�ed by, � �-�:y.
<br /> Purpose for wluch each debit to the Funds was rnade Pl� . � ,r
<br /> Wi�Sz�rit�InstrumenG � � , �
<br /> T��tt�,H�nds h�ld by E.�rc�eac exceed the amounts pertniued to be held by applicalale law.Lender shall a000uat io -�
<br /> Barrow�,for�the,excess Funds ni�cordance with ihe recluirernenu of applicable law. 1f tlie amount of tha Funds I�etd 6y —_
<br />- I.ender at any,Wn�is.:tiot sufficient to pay the Escrow Items when dae.Lea�er may so notify Borrnwes in writing:aad.��
<br /> su�h��ase Borrocvr,��sGa11 pay to Lender the amount necessary to make c�p the deficiency. Borrawes sbal!tnatc�up the . �:_`
<br />- deficiency in no mG�e than twelve monthly pa}-�sts,at Lender�s sole di�aa. . . =---
<br />= Upoa payment in fuU of all sums secured by this Sec�ity Insuume�r,Lender sha�promptly refun3 ta Eurro'�s anY
<br /> Funds held by Lendei: If.under paragtaph 21,Lender shall acquire or sel]the Property.I.ender,pnos m the aC�'�don or ��;__
<br />- sale of the Pcnpett}!.shall apply any Funds hetd by Lender at the time�f ac9uisiGon or sale as a credit.against thie sums 'y j�.A�
<br />= secur�d iry this,Sec�uity instrument
<br />= 3. Applic�tia�ot Pl�ymeats. Unless applicabte law provides ae,henvise, all payments rece�e�by L,ender under :�;:
<br /> paragraDt�s:l and,2 shall be applied:firs�to any prepayment charges due under the Note;second,to amounts payable under
<br /> Z.thitd.to intemst due;fourUi.to principal due;and las�to any Iate chacges due under the Ntote. �?-�
<br /> ��� Iwt;es Liens. Botrawer shall all taxes.assessments.charges. fines and impositions atm'butable to the ;"
<br /> 4.:,C : PaY ._ -
<br /> prapeatg:yvbich may attain priority over this Security I�strument,and.teasehold payments or ground rents,if any. Borrower :.,,,,
<br />- shall pay thcse obiigarions in the manner pmvided in parag�aph 2 or if n�a paid in that manaer,Borrower shall pay them on ;;:-_
<br /> g ap
<br />- , time dlrectly to td�z pwsan owed payment. Batrawer shall prompAy fumis�i t�l.ender all nodces pf amounts to be paid under -
<br /> ime
<br />= this pasagraph. If Botrower ma�es these payments directly.Borrower s.'tali prompdy fumish to Lendez receips evi3�cing
<br /> - the payments. • .
<br />- Horrower shall promptly cSiseharge any lien which has pri•orit�aver this Secvriry Instcament unless Bonower:(aj�t,s�ees � •
<br /> -- in writing to the payment of the obligation secured By the lien»a manner acceptable to I.ender,(b)coatesu in good faah the ���
<br /> lien by.or defends against enforcement of the lien in,legal praceedings which in the Lender�s apinion aperate to prevent the � ':�:�k
<br /> enforsenxnt of the lien:or(c)secures from the holder of the lien an agreement satisiactory to Lender su'bc�rdinating the lien • :--.
<br /> to this Sacurity Instrumen� If Lender detertnines that any part of the Property is subject to a lien wf:iah may attai�n psiority '� �:
<br /> over this Securiry Instrument,l.ender may give Bormwer a no.ice identifying the lien. Barrower shall satisfy the liere�oz take
<br /> one vr.unore of the acdons set forth above within 10 days ai�hz�i�ing of notice. "..�::
<br /> = 5. H�ard ae Property lnsuranca Bormwer sha��kee�the�mpsovements now eaisting or hereafter erested an the
<br /> � property Insure�Q ¢� t loss by fire.hazards included within t�'�e term"ex�nded coverage"and any other hazard9,including
<br /> floods or ftoodi�g,for which Lender requires insurance. 'i'his insura:��:shall be maintained in th•�amounts and for the
<br /> . Fortl�3�Zd �Il� (PaRe2�f6PaRrJ) :•�'
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