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<br />TOOETfim WIi Ali the improvements now`or heneafhr ereecw I an tree PMPCM. mod Ill. ems. mppwtatatmdas,'
<br />ynd"linh now ar bereelter apart of the prropoty.. All �s trod addiiioos "also be coverrod by this &xwity
<br />Iamtnmettt All'otthe foregoing is tefened io in this Security Imonrmturt u the "Property." L , - •
<br />wfhll seised of the mod has the
<br />Bt1ltROW=M COVFI�ADf1S their Homowa as 4 y estue herby eaoveyed L A#*&& to gent
<br />mud cdavep. the Property and do the Ptopeity is onencumbet d, exceptfor of rexord Borrower warrants and
<br />will defend the the title to the Property against all ctmints and deo ods, subject to any encumbrances of record.
<br />THIS SECURPPY INSTRUMENT cpmbmes uniform covenants for national use and nort - uniform covena with
<br />nts _
<br />UNIFORM COVENANTS. Bormwerand Lender covenant and agree as follows:
<br />- = - -- ! -- p=-- ZMd'.-_=
<br />prWdpd of and interest on rile debt evidetnexd by tlnms Notes and any I Payment and late chazga due under the Note.
<br />2. Fm& for Tim and Iaannra� Subject to applicable law or to a written waiver by Lender, Borrower shall pay m
<br />Lender on the day monthly payments are due under the Note, until the Note is paid in full. a sum ("Funds ") for (a) yearly
<br />taxes and assessments which may attain priority over this Security Instrument as a Hen on the Property; (b) yearly leas bold
<br />payments
<br />or growl ream on the property„ if ant. (c) yearly hazard ar property insurance pnmitnns; (d) y�y flood '
<br />insurance premiums, if any; (e) Yearly mortgage tngturarnce premiums-if any, and (f) any scans payable by Borrower to
<br />Lender. in accordance with the provisions of paragraph 8. in lieu of the payment of mortgage insurance premiums. These
<br />items are called "Escrow Items.` Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum
<br />amount a leader for a federally related mortgage loan may require for Borrower's escrow account under the federal Real .
<br />Estate Settlement Procedures Act of 1974 as.amended from time to time,' 12 W.C. 1 2601 et seq. ( "RBSPA "), unless another
<br />law drat applies w the Funds sets a lesser amount. U so. Lender may. at any time, collect and hold fiends in an amount not to
<br />exceed the lesser amount. Lender may estimate the amount of Funds due on the basis of current data and reasonable
<br />estimates of expenditures of future Escrow Items or otherwise in accordance with applicable law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency. instrumentality, or entity
<br />(including L ender, if Lender is such an institution) or in any Federal Homreioam Bank. Lender shall apply the Funds to pay
<br />the Escrow Items. Lender may not charge Borrower for holding and apWbying the Funds, annually..-analyzing the escrow
<br />account, or verifying the Escrow Items, unless Leader pays Borrower interest on the Funds and applicable law permits
<br />Lender to make such a charge_ : However, Lender may require Borrower YO pay a one -time charge for an independent real
<br />estate tax repotting service usedby Lender in connection with this loan, unless applicable-law provides otherwise. Unless an
<br />agreement is made or applicW --c yaw requires interest to be paid Lender shalt not be required to pay Borrower any interest or
<br />earnings on the Funds. Borrower and Lender may agree in writing, however, that interest shall be paid on the Funds. Lender'
<br />shall give to Borrower, without charge, an annual accounting of the Fivads,.showing credits and debits to the Funds and the
<br />purpose for which ea.h debit to the Funds was made. The Funds are pledged as additional security for all sums secured by
<br />this Seairtty Instrtunent.
<br />If the Funds held by Lender exceed the amounts VMnitted to be' held by applicable law, Lender shall account to
<br />Borrower for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by
<br />Lender at any dnae is not sufficient to pay the Escrow Items when due, Lender may so notify Borrower in writing, and, in
<br />such case Borrower shall pay ;o Lender the amount necessary to make u.�D the deficiency. Borrower shall make up the
<br />deficiency in no more ilian twelve monthly payments, at Lenders sole discretion.
<br />Upon payment in fall of all sums secured by this Security Instrument, Lender sha11 promptly refund to Borrower any
<br />Funds held by Lender. If, under.paragraph 21. Lender shall acquire or sell the Property. Lender, prior to the acquisition or
<br />sale of the Property, shall apply any Funds held by Lender at the time of acquisition•or sale as a credit against the sums
<br />secured by this Security Instrument.
<br />3. Application of Payments. Unless applicable law provides otherwise. all payments received by Lender under
<br />paragraphs 1 and 2 shall be applied: first, to any prepayment charges due under the Note; second, to amounts payable under
<br />paragraph 2; third, to interest due; fourth, to principal due; and -last. to any late charges due under the Note.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges; fines and impositions attributable to the
<br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents. if any. Borrower
<br />shall pay these obligations in the manner provided in paragraph 2. or if not paid in that manner. Borrower shall pay them on
<br />time directly to the person owed payment. Borrower shall promptly famish to Lender all notices of amounts to be paid under
<br />this paragraph. If Borrower makes these payments directly, Borrower shall promptly, furnish to Lender receipts evidencing
<br />the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower. (a) agrees
<br />in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender. (b) contests in good faith the
<br />lien by. or defends against enforcement of the lien in. legal proceedings which in the Lender's opinion operate to prevent the
<br />enforcement of the lien; or (c) secures from. the holder of the lien an agreement satisfactory to Lender subordinating the lien
<br />to this Security Instrument. If Fender determines that any part of the Property is subject to a lien which may attain priority
<br />over this Security Instrument, lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take
<br />one or more of the actions set forth above within 10 days of the giving of notice.
<br />S. Hazard or Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br />Property insured against loss by fire. hazards included within the tent "extended coverage" and any other hazards, including
<br />floods or flooding, for which Lender requires insurance. This insurance shall be maintained in the amounts and for the
<br />.
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