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<br /> ° ��X1�S lOMt Ct�Cr1lt i�t Of ib!p10�dty. �iR�Op�il��I�OIIt fll�i1t�0 bi Q0�l1l1)�11�L SCC�►
<br /> ' � �px. All of d�e fae�oid�is�fened to ier Ws Secanty�dit�+t d�e"peoperty" , ° � ,
<br /> � � HORROWER OUVENAN'fS,8nt Boaower is 4MdWty uisal ot the est�e hereby ca�rtyed�nd 1�tbe��he�o g�ut . .
<br /> � L d�o n v e y 8 rc P r v p e t y atid that We P r u p e t t y is u�x�cwabe►ed,e x�e p t toraxvmbrances o[rcCO�._ BasaMer x�s�nd . .
<br /> . ` wW�efeod g�nasllY d�e tide tt�die A�opertp apio�t aU cb�a�s and demands,wbject a any enc�ur�anxs ot reaatd. ., - .
<br /> . , ' 1�iiS SF..�IJRTIY INSIRUI�K!'canbiaa uaifam�covenaots fat nWio�i use aed non-uaifarm covenaats witA
<br /> _ : limitea vaeiatians�j►�cdaee t�n�s unifum arcudty�nnnent eovainL s+eai pevpCsty._ . - ' ..
<br /> < iJN3PORM C�OYENAAT[`S. Barower aM Lander covcn�nt�ad s�cte as fdlows:
<br /> 1, PaJ�art�f lrielri ari Lk�+eM;Pre/���e�t�d I.Ne Cir� Baaawa shall P�'�4Jp P�Y w6en due tbe
<br /> � p�nrcipal d'aad inatest aa d�e debt evid�a�ced 6y We l�Tca and aoY pe�ep�Ymeet aad luc ch�raea due under the Nate. <- �
<br /> � 2 Fipiisl�r 73�es a�Lwr�aa Subja:c co applic�ble law or ta a wriaa!wsiva byc L�eMa.Barower sWll piy to
<br /> Leoder on ilie daY�Y P�Y�are due w�der tbe f�1o�e.umil drt Nde is paid in fui�,s w�n t"Funds 1 tor.(�)YetiY
<br /> nxes antl assrmnaKS�fii�tr may atwn priatiry over this Secmiry Ins�axnt as s lkn ae tbe�topeny;tb)Y�Y�
<br /> P�Y�or giamd raas aa tbe P�oRerty.if any; (c)YeuIy hazud ac propaty iesunece pcemiumt: td)yead�r flood
<br /> i�muaace psrmi�ms.if aay:(e)Y�Y����P�S.if any:ud(f)any sums P�Yabk bY Bartowu ta
<br /> La�der.ia aco�daoce v�nta the povisioas of pusgn�pb�8,in lie�of the p�ymmt of mortEage inw�x prem�uras. TNes�e
<br /> • it�dns a�e plkd"Esctow Items." �may.at�ny time,called�d hotd Famds i�an atnonnt not to eacad the�
<br /> amoum a Icnder fa a fedenliy rel�ed mo�t8a8e loan mag trqnire far Borrowtr'a esaov�'accou�t unda the federa�Real
<br /> F.state Senlemait pmcedurrs Act of.1974 u�mended from tunt ta ame.I2 US.G�2601 et seq.("RESPA"):unless atiother
<br /> law ttut applia to the Auds sets a lesser amount If so.L�adtr may.u my tinK.cdkcc and hoW Fw�ds in aa anwunc not to�
<br /> eueed d�e te�amourn. Lender may atimaoe the anounE of Fw�ds dae on tIx ba�sis of curreac dats�a�x!reasonabte ' �
<br /> estimates of expeaditumes of future Fscmw Iums ar oeixrwise in�ccocdance withapphcabk law . �
<br /> � 'I'h�Finds�s6ait be heW m an mstitution whose deposics ue irtsund by s federal agency.instrumentaliry. a�entity►
<br /> � • fincludmg Lender,ff Lnxlet is sucb an institu6on)or in aay Ftderai Home Lw�Banlr. l.endtr sl�ll apply tbe Tm�ds•to p�y
<br /> . the Fscmw Ite�s. I�der may nqt ctar8r Rormwer fa bolding�nd app/yiug the F�nds.annwUy an:ly�ing t6e escrow
<br /> acccwmt,or ve�ify*ysng the Eumw Items. unkss Lrnder pays Bornowa in[aat on tl�e I�nds and qrplicabte law permits
<br /> ' Lender to m�k�s�i.�chargc. However.l,ender may reqwre Bormwer to pay a onc-time chuge fa�n iadependent real
<br /> estate qa,r�oi�g�-�s►ioe used by Lender in connoctioa with chis losn,unless applicable law proyides athanvise. Untess an -
<br /> � agreemo��"s`madror appiicaMe law requires iatenes[to 6e paid Lender shall not be iequared to pay Bonuwer ariy interest oi
<br /> eamings b��the Fur�ds. Bocrower and Lender may agm in writing.howava.that interest shaU be paid oa the Fuads. Lestder - �-
<br /> siiall give to Borrower.without chaTge,an aanual acc.ounting of the Funds�showing c�edits and debiu to tLe Funds and the -
<br /> .purposc for which wch debit to the Funds was rnade. 7Ue Funds are pledged as additional security for all sums sec�ued by
<br /> this Sat�rity Insuument. -
<br /> =�f the funds heid by Lender eacad the amounts permitted to be 6eld by applicabie law. l�ender sball accuunt to
<br /> B�i�for the excess lauids in accordance with the requinments of apptiqble law. If titie amoant of tIu Funds beld Dy �
<br /> • L���i any time is not sufficient to pay the Escrow Items a�en due,Lender m�y so no6fy Borrower in writing,and.in -
<br /> sucti'�e Boaawer shall pay [o Leoder the amount naxssaz��xo maka up the deficienc�€. Borrower shall malce up[he -
<br /> defrciency in no moc�than twelve montbly paymrnts,at I.ender"s so2e discrecion. �
<br /> Upon paymenc in fuU of all sums secured by this Securit,v�mrnt,Lender si�atl promptly nfund to Basower any �_
<br /> Funds tield by Lender. If,under paragraph 21.Lender shall acquire or seU the Property.Lender,priar to the acquisiriaz or -"
<br /> sate of t�e Property.shall apply an.�Funds held by Lender at tAe time of acquisition ar sale as a credit agai�nsE tI�;e sums �,`��
<br /> secureA by this Secarity Instrumenr. :,; . -,"
<br /> 3. Application o�Payments. Unless applicable law g�ovides otherwise. ali paymeats receivtd by Lender�ndtr �
<br /> puagnphs 1 and 2 shall be appiied:fisst,to any prtpayment charges due under the Nose;secund,to ama.uncs payable under _
<br /> paragraph 2:third.to interest due:fourth,to principal du�and lasG to any late charges due under the Nex�:' =
<br /> �L Cdsrga;Liens. Borrower shall pay all taaes. assessmenu, chazges. fines and imposirier�s.�ribucable co thG
<br /> Propec� which may attain priotity over this Security lnstrus��and leasehold paymenu or�ound rcnt5,if any. Boirower.
<br /> shal[pav these obligatians in the manner provided in paragran[i�.�,or if not paid in that manner.Borrower shall pay them on
<br /> dme�irectl o We��on owed payment. $orrower shall prcz:�y fumish to Lender all notices of amouncs[o be paid under
<br /> , this paragalp�►. Zf Sorrower makes these payments directly,B�orrower sh�Jl F�ompd}fumish to Lender receipts evidencing .
<br /> the payments. •..
<br /> Borrower shall prompQy discharge any lien which has pr-^_�:i�over t'_���-srity Instrurnent untess Borrower: (al agrees .
<br /> in wria,�c to the payment of the ob3igation secured b�•the lien�n•��arrner acceptable to Le+:ei�r;(b)contests in good fa�t�ee '� . ' ,
<br /> tien�e;�•.or defends against enforcement of the lien in.legat yr;��:dings which in the I.e{v:i�''s opinion operate to pteveix�te. ,
<br /> enforcement of the lien:or(c)secures from the holder of the ii�'rt an agreement satisfacio��.���Lender,subordinating the lien
<br /> to this Security lnstrument. If Lender deteimines that any.pait of the Property is subject to a lien which�+�ay attain priority . `
<br /> , aver this Secvrity lnstrument,Lander may give Borrower a notice idrntifying the lim. BoROwer shalt r�:���';the lien or take
<br /> one or more of the ac[ions set fortb abovc within l0 days of the giving of notia. •� • .
<br /> . S. Harard or I'�operty Insurance. Borrower shall keep the improvements now eaistinID o-l:es'ea.'`ter ereau er,:the
<br /> Property insured ag�inst loss by Tire.hazards included within the term"extended coverage"and any o�.�3�azards,ir�cluding
<br /> floods or flooding.for which Lender reyuires insurance. This insurance shall be t�naintained in�.e �ounu and for the .
<br /> . , ,. . . � ,. Fa.��e �no rr�x�zotb�a�s� .� , .
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