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<br /> ��- 't�D(iBfl�R W1't'H�ll the�a�ramecb naN or ba�tai aec�eQ an die penpaty.aad al[we�osl�.•app�elea�ooe4.+4�'
<br /> � ��uan a4+v ac heeie�l0ia a p� of tbt ptopaty. All iq�i�oemaits aed�ddidon �lWl alw bb c�oMCied by thi� Se�eit�, �
<br /> � �o�tmtueat.All of d�e fae+qoie��is tefated Lo ia d�is Secvrity Imtr�a�oent as tbe'Prvpaty.' , `. .
<br /> HORROWSR COVENANI'3 ilnc Haro�er is L�rfuliy uised�of tbe dtrte bereby canvayed,iad las+�6�e rl�t tn�t.aod
<br /> convey tLe Peopaty�eid t6at�he Pnopaty is'une�mmberod,e�capt for eavmbeaeas of reoorQ. Bonu�res wsrmts md �rill
<br /> defend�erallY the dttt wthe PhnQMy�gaiast�all clalms and.dem�nds.subject�any eacumbranQes nf ceoacd: '
<br /> � THIS SEGURITY INSTIt[JMENT aombines�aifotm ooveroats far rWiorul use and noa-uniform covenants witb limited
<br /> ,. v�i�tio�bY]�uisdictioa ta coastiwte a un�fotm saw'�r9 iasuument oovetiog�ral prvpe�ty. - `
<br /> UNIFORM COVENAN75.Bartvwa aod Laider o�veaaat anQ�gc+ee as foliows:
<br /> _ ` I. pi�rent a[Ptiutpd ad I�maE; Pt'eP9�e�t w1 L�C�. Borrower sf�(1 P�Y P�Y wl�di�B�
<br /> pdncipai�f�od interest on the debt avid�aroed bJ►the Nate aad mY P�Y�a�t�te ctu�ges due utider tbe Note. � .
<br /> -'�-------�_ .�-�l�d�[or Tua�od I�nce,Su ject to applic�ble law or w a writtea waiver 6y I,ender.Borrovirer shaU pay w
<br /> -- — 1�eodrr ae the day a�onthly paytnents are�ue un�r�ie N-oce,�un it'ttb��'is�i�fuli,-a-sa�f-Fwads-�frn=�r y j�-`
<br /> �nd assess�aKS which mry attain grioriry over this Sxuoty ImKrum�m as a liea on the Pmperty:(6)Yeaziy leaseiwid p4yttxats �
<br /> or gruw�d t�aitc on the Pioperty,if any;tc)Y�Y���P�Pn'�Y i»surarxx premiums:(d)Ye�lY tlaod iawrartce pnmttuas.
<br /> J any;(e)YarIY mort�age iaat�:e praniums,if aay:aod($�aaY�PaY�Ie by Borrower to Laider.ia a000r�d�ace arith-
<br /> tbe provisioas of par�grapb 8,in lieu of t6e payme�rt of u�ortgage ias�uanoe premiums.T6ese itan4 ane caited"Fsctnw Ttems:°
<br /> i,aider mry,at any time.coll�ct and 6old Funds.in an aaiamt na ta exooed t�e maximum artwunt a teuder for�a fodetally
<br /> . id�ced mortgage loan may requue'for Borrv�ver's escrow aoc4unE w�der tLe feder�t Real Estate Settlammt Pcoadans Act of
<br /> ' 1974 as amended fiam ume to tim�, t2 U.S.C. SectioQ.25Q1 e�seq.('RESPA`},un[ess a�r iav�that�plies to the Funds
<br /> -:.,:se�s s lesser amount.If so, Leoder may.at aay time.colIect and hvld Funds in an amount mt w ea�ed ihe lesser�mouat. _
<br /> ` ,;titnder may es�imaUe t1�arnount of Funds due o�+d�e ti�sis of c�urent data at�teawnahle�Qf e�cpenditure,a of fature .
<br /> : �crow Ita�ts or otl�erwise in xco��t witL�applic�abie�aar. •
<br /> : ` The Fwods s1�all be held in an iactitadon whase deposits an insnred 6y a federal ageacY,�a1ity. ar entity
<br /> ('webdi�g I.ender.if Luder is sach�n institationl os ia any Pederal Home Loan Bank.Leader�apgtg die Fands to pay the
<br /> Eserow IRms.Lead�er tnay not efuuge Bomnwdr for holding a�appIyiag ti�e Fuads,am�uaiiy a�oa6yziag tt�e escrow accamt;or
<br /> verifying ti�E�rizow Items,aaless Lendet gays Bomower inter�st on the Funds and appticable taar�css l.e�der to ma(ce such
<br /> _. .;�.�arge.Howeve�,Let�da tnay rEqaire Borrower to pay a one-time i�arge for an i�dependent.r�i;esrate tas.�eponing servlce
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<br /> nsed by Lender in co�m�.tion with tbis loan, unless a�s2icabte"law pmvides c�ss}�wise. Un'.ess.as� agr�ent Ls made br
<br /> apptic�b2e iaw requins irnerest to 6e paid,Lender shaA not be require�id to pay Bof7ower any is+�eu oi�on the Funds.
<br /> Borrawer and Lender may agree in wridng,however,that interest shallSE paid on the Finids;�r�;�e to Borrower.
<br /> , withant chasge, an annual accounting of the Funds.shuwing credits and debits to the Funds;.a�r����s:.for which each
<br /> ` .debit w the Funds was niade.The Punds are ptedged as a3citional secarity far alt�ras secure�i��.��a��men�
<br /> ': � . If the Funds tuld by Lender exceed the anwunts per�.*�ed to be held by app"��:e law:��'s�`as�;�at to Borrower
<br /> ' for the excess Fands in aorordance with the requiremea�s mY applicabte law.If the'amount of ti�����'.+.�f�=�endet at any
<br /> ttme is not suf&c�ent w�ay ihe Escrow Items when du'e.Lender may sa notify Borrower in K �rc5���d.itr s+�:.'�case Bormwcr
<br /> shall pay to.Le�:t the amount nece.csary to matce up the deficiency.Borrower shall make u��.���;Isf3ciency in no more ifiaa,
<br /> twelve monthlY Pa�]R►�ents:�t I�ender's so►.e cdiscretion: . �
<br /> Upon payment In fulE a€all suma secured by ihis Secudty lnstrument, l.ender shall prom.�tly refit^-d r.c�..Bonower any
<br /> Funds held by Lender.If,urtdcr patagrap�21. I.ender shall acquire or sell the Property.Lender.�ria'r to t?�.a�tt3sition or sale :
<br /> of the Praperty,shall appty any Funds he��d by Lender at the time of acquisition or sale as a creb=��gais�st the sums secured by _
<br /> this Security Instrument. •. •
<br /> 3.Applicatbn ot Paymmts.Unless a�plicabte taw provides otherwise.all payments recec�a��sy Lender under paragraphs
<br /> 1 ard 2 shall be applied:firs�to any prepayment charges due under the Note:secand.to amoi,�,payabie c.r�er paragraph 2; °
<br /> third,to interest duc;founh,to principal du�;and Sast,ta any late chargec due under the Nate. �
<br />, 4.Cha�ges; Lieas.Barrawer shal!��al!wxes.acsessments.,ct�arges. fines aad impose:�;r.�s zs�n'bur�te+io the Property
<br /> wluch may a�in priority over thic Sea+r�r�instrument,and tease.ha��aymerts or graand r�;`'if any. Borrower shall pay
<br /> these obligat3ans in the manner provided i+:�aragraph 2,or if not pa'rS i,�•e;�at�ar��r.Boaodc�r�;Jaall pay them on time directiy �
<br /> to the person owed paym�mt_ gorrower sHall promptty fumish to Lender all noti�s oi�zmounts to be paid under this paragraph. �
<br /> j If Borrower makes these payTC�ents direcdy.Borrower shall promptly fumish ta l.e:�4±:r receipt�evidencing the payments.
<br />� Borrower shall promptly discharge arry lien which�has priority over this 5ecurity Inctrumesn unless Borrower.(a>agrees in
<br />� writing to the payment of the obl9gation secured by the lien in a manner atceptable to Lender..!�?��.ontc�sts in good faith the lien
<br /> by. or defends against enforcement of the lien in. 1ega1 praceedings which in the Lender'4;�:yion operate to prevr'rrt the -
<br />, enfarcement of the lien:or{c)serures Pmm the holder of the lien an agreement satisfactoq�t�:�ender subordinating the lien to -
<br /> ihis Security Instrument. If Lcnder determtnes that uny part of the Pmperty is subjeet to a ti�n uhich may attain priority over '
<br />�. this Security Instrument. Lender may give Barrower a notice identifying the lien. $acrov�er�r�.<ft:satisfy the lien or take one or � -
<br />- more of the attio►ts set forth above within 10 days of the giving of n��tice. . � _
<br /> � Form 3048 9180 `
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