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<br /> �'1�����C In1afOY'�=IIOIIV 0��E[01.'IOd QR�'�Y���i�',Ipllir��►
<br /> Mlfl f17ItY�G!ODW 0!11Ef'l�1E���K af ihE QIOQd1y. AU ir.'Q�iOBll�t��IOOf t�l�l�bC O�Ed�►���.. '
<br /> ` 1aa�ment.<.Ail of fhe fatetoia�fs,nfen�ea w la das SacYS�cY Lw�nt a��a"ftopdny.` �� . �: � , :� ��.
<br /> - ' BORRQVf�E:R COVENAt�RS tb�t Bamwa is]swfully aeised of the ast�tc.hese�Y�omc�+�li��rijht.�psat.-._ -__- _.
<br /> aed c�n�raY the PtoputY ud thu the Ptopaty is+mencumbeKd.exoept fa entmn6c�aed of racard. Boi�ower!wer+�b�ud . .
<br /> � will defend ga�erilly the titk[o ihe Pmpeny apinst ial cWla�s md d`eiou�ds:sutsjec[to aey eoc�unb�anoa af raord.
<br /> � THIS�SECURITY IIJSTRUMEN'r canblae.t anifam oaveNnts fa�aitiao�l nae aad uan-unifaei covenrra +�,
<br /> limited`vari�tions bY juris�caoa to oonstitute a unifa�np sec�icy�sonunent coverins rai p'�atY• ` -.
<br /> � iTNIF�RM COV@1ANTS. Bonv�ver md L.ender coyee�t md�cee as fotlow� ` ° - - : �_ .-=
<br /> L .Pl�yseN of Pr�iPtl a�d tMa�e�t:Prspq�t a�t i:�1e Ci�rl�'x'�aRo�a s�P�3�FiY wlxa,Qne�Lt �.
<br /> _ __ i—=�,;;..�i��a �L��*�_1rny�!r�;�udls�esh��euodrtl6�.Nwe,__;_��.�..__,- -
<br /> t �ti�ds icr<73�=es aad L�wruca Subject to applical�ie law o+c w a writeen�vaiva by L�der:Bar+owa P�Y , -
<br /> Le�der.an the dry aionthty payments are due onder t6e Nua.`uot�1 tIw Nate is�id'ui full.a a�m�C'�h'}far..(!1 Y�I► --
<br /> � mces aod assesm�ents whi�h msy auaia prioriry over this Securiry Iawwneat a�a lien oo the Prapesty:tb)Y�Y�
<br /> payments ar graund tents on the Ptoperty,if any: (c)YaulY,6ar�t.ac PoPMY ins�itaoce premiu�: (d)Y�Y � .
<br /> insan�c piemians.�f u►y;t�)Y�Y�s�8e inswmce P�+emiwas.If.�r�na E��►s�w►r�d!!Bonowar w
<br /> Leader,in acoordance whh the provisia�s of paragrapb S,Li lieu of the pnyment of matg�ga iaw�antx p�niams• 'i�e
<br /> itans ane qlled"Fsctaw Iums." I.ender may,at any time,collect and l�old Fimds ui an�mow�t not'W eaoeed drc ms�imum
<br /> amount a lender for a faleralfy nlated nw�tg�ge loan may iequi�e fa Boeowab escrow�aant odter tbe f�deial Rad
<br /> Estau SeWemeat Pmcod�es Act of 1974 as amended f�aa time to tim�.12 U.S C:�Zb01 e1 stq.("RESP�►"1.unkts�w�a .
<br /> Is�w that applies to the P�nds sas a lessei amount If sfl.Lender may.u uiy tim�,calbxt�nd hold I'vds in�n amoiu�not w
<br /> � esoced tbe ksser aiuoent Lender may estin+ate the�roovnt of Fau�ds due ou the b�sis of c�uneat dats md t�atsoa�iMe .
<br /> �t�s of e�paMitut�s�futune Escmv►r Items as othenvlse ia�ccordaocx with apQlica�bk l�w. .
<br /> The F�ds shait me�retd in�instittttiaa'wlase dept►sitc s�e�s�ued by a foder�l gger�y,in�itj',a e�Y .
<br /> � (inclwfing Lender,if I�&s is such an iastetu6oa)or in�ny Federal Home Loan Biok. Lender sh�11�pply tUe Ftinds to py.. .
<br /> tLe Fscrow Items. .I:e��fier may not charge Bomnwer fvr holding and applyin8 d�e FLods.uu�wilY�Y��B��'�' '
<br /> aovoaat,�:eritying the�scmw Items. unkss l.a+cier pays Bomawer intesesc on the Funds aad��p¢lic�ble Iaw pm�nts •
<br />- Lender to�sac�.a;�harge. However.Lender may require Boimwa to PaY a oae-dme charge fa an ir�dependetK nal
<br /> _- estate t�u c�+i�tusg�.?�d by Lender in connection with ttus loan,imless applieable taw pmvides otherwise.,'Unkss an
<br /> _- - � agxment is n�fie ar���te taw ne�canes interw+t tu be paid,I.ender shatl not be required tn p�y Baauwer,aay intenest ar
<br /> ` eamings on the Funds. '�r,sm�rer and l.ender may agee in writing.however,tLat interest st�aU 4e paid on the F�u�. 1:ender�
<br /> shall give w Barower,.R�ittwat charge,an annual accounting of tS�e'l�nds.showing c�stlits and debits w tl�e Funds and the .
<br /> - na. purpose for which exh+debit to the Funds was made. 'IUe Fumtq�pledged as addifional secucitg for all sums secuted by .
<br /> -- this Security 1nsUumeq�:. : , �.
<br />- If the Funds held Is�r:T�nde�exo�ed the amou�ls permittQ3'to be i�eld by applicabte'taw. Lender shatt account to .
<br /> ��: . • Borrower for the eacess Fun3s in accordance witt►t�he s�tlu'�emeats of applicabk law. If the anwunt of the Funds held by� .
<br />;�— .
<br /> . l.ender at any dme is no�siiffisient to pay the Esc�w Isems when due.Lender may so notify Bortawer in writin8•�ad.in ,
<br /> . B�fsower'shall make the .
<br /> w make the deficien uP
<br /> - sucH case Borrower�gay ip l.er�fer the amount�essary up �Y ,. .
<br /> • � deficienc�us�omore tlaau swelve morrthtg payme»t5,at Lenders sa3e discredon. .. .
<br /> � � ;:� ' UPonPa}�i►eent im fu�of alI sums;�ecumd by thas Security I�suument,Lender shall promp`d�r ietu.r.d c�Borrower any
<br /> :; �unds.hetd 5y Lend� �f:uader para�iaph 21.Lender shall acc�uire ar sell the Avperty.Lender,priae�¢%�t acquisition ar
<br /> "y - ,, a credii t the s�ms
<br /> ,t;� T`. ''on or sale as
<br /> ina
<br /> t the tr'me of a u ��
<br /> . i � ��sale of the Property,shaII apply_any Funds heid by II.ender a ec�
<br /> �. ' .`� .•�=• � secured by this Securiry Iastrumen�
<br /> ; ' "a'�"�� 3 A lkation of Pa ent4. Unless a licable taw ro�ides otherwise.all payments received by Lender under
<br /> _,;.,.;'.:�.�;��: PP J� PP P - -
<br /> • J'•�-- ' • paragraphs 1 and 2 shall be applied:first,to any pcepayment charg�s due under the Notc:second to�unts payable under _ _
<br /> -- �" -«:..
<br />:�, ;,;£;•' � paragraph 2;third,tointerest due;fourth:to principal due;and last,to any late charges due under the Note. ___
<br /> ,� ��;.j � 4. C6arges; Liems. Borrower shall pay all taxes. assessmenu,charges.fines and impusitions amibutabie to the i
<br /> �r -r � Ptopecty which may attair priority over this Secnrity lnstrument,and teasehold payments ot ground rents.if any. Borrowrr -�
<br />: 'f . ` �'.�,. ' ' shall pay these obligatior,s in the manner provided in paragraph 2,or if not paid in that manner.Borrower shail pay them on �.''---
<br /> '°"=--
<br /> � r ' � .�.';,�'�:,�ts.,, � time directty to the person owed payment. Boaower shaU promptly fumish to I.cnder all notice.�Qf ampunu to be paid under ,:.�{a;.
<br /> � ,","°�:.;�i,.,,;:'.;, , this paragraph. lf Borrower makes these payments directiy.Borivwer shall pramptly fumis[3�oLender receipts evidencing •..;,_
<br /> , .��._ . ,.�,,....:.:...... the a ents. �
<br /> :�.,.• :•�{�r,,:,,,... P ym : �••
<br /> `;�� �• . Borrower shall prompdy discharge any lien wtrie4►has priora�}�ver this Securiry Instntme�t urfless Sor:�a�es:(a)a�en
<br /> • • in writing to the paym�nt of the obtigation secured i�y�41e tien in a manner acceptable to Lender,(b)contess irm g�od faith the �
<br /> lien by.or defenQs against enforcement of the lien in_izgal prar�ings which in the i.ender�opinion operar�ra prevenE tse �-�` .: •.
<br /> ^^���s �. enforcemer�of the lien;or(c)secures from the holder of the F��r?�.agreement salisfactory to Lender subordiaating the�ic:s
<br /> �. . , - to this Security Instrumen� If l.ender determines that any part'mf a�=Property is subject to a lien which may attain prioirry. �.___.. �`
<br /> . �'y. over this Se�:uriry lnstn:�gnt,Lender may give Borrow�er a notice i•Jentifying the lien. Borrower shall satisfy the lien or ta�e � :,•�. • .
<br /> one or more of the actia.��set forth above within 10�z•s of the rvin of notice. t'"��
<br /> .;�.�:: _ } S 8 F�r:.;•.,, ,..
<br /> �i�•: '� ;• . 5. Hazard or Pru�serty Insuranca Borrow��sha11 kee the im rove�vc�:s now existin or hereafter erected on the ��•� � ..
<br /> J,, t , .. P P g ��.�;:�•
<br /> . -�;,. I'roperty insured againsc loss by�re,hazardg included within the term"exten��l!�verage"and any other hazards,including '��
<br /> , ,>:��
<br /> ��-. flaods ot flooding.for which Lender requires insurance. 'I'his insurancc �hall be mainlai^�in the amounts and for the �:��;�.� �:
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