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<br /> . �t�e w,�,n m��Y�now o�ne�e.na�a o���o�cy.�m'�t�e�e�s.�.�a_ _
<br /> . 6xt�es no�v or haafter a p�tt af the penpaty. All repl�oe,�ents �d addiaons sh�ll �1sd be ooveced'6y this Savrity ,
<br /> lesttumait.All of tbe focegaiag�i's cefemat to in this Saxirity���uurtimt as the'P�operty.' - � ,
<br /> HQRitOWER OOYENADiTS th�t Botm�ver is L1�vfWty seised oi�tl�c estate hercby convcyod ard!ns the right w grant�nd .
<br /> `oonvey the Piap�ty ind that.the P�operty is anencumbaed.exapt for sncumbrances of reoord. Boirowe►wurants ard will
<br /> defmd�eaeratly Uie titk to the Frbperty against all ctaims and demaads:subject w any encumbranee�of raodid.
<br /> '1'HIS�EC[JRPfY INSCRUMENT combines w�ifofm covenmts tor natia�at use ard nort-uniform ccsvettants witl��imtted
<br /> variriions 6y jyrisdiftion to c�uitute i uniform set�uity;inucumrnt ooverin8�P��h'• ' � � . _
<br /> . QNI�ORM COVENANTS.Bormwer and I:ender oovec�nt and agree as foliaws:
<br /> , _ X.�y�ait c(Pti�dp�i a�d�e�t: �ep�y�aud Late C6tr�es. Borrowe�shap promP�fY P09 when dae dx _
<br /> - prii�cipl of aod iM�st on the Aebt evidesoed by the Note at�clanY P�Y�nt�ad iue charges due mtder tfie NoEe. , __
<br /> 2.Fi�ds tor Tax�s and(as��Y.Subject to appliqble!aw or to a written waiver by Lender.Borrower sha1F pay�to -_--_
<br /> Lender op t6e day nant�ly paymaots ue doe under the Nate.until the Nae is paid in full.a sum("Funds')far.(a)yearly taxes �:`:=-
<br /> ud assessmrnts whid�may attain pciority ovu t6is Savrity tav7rL�++�-^-�as a Gsn on the P�npe�ty:(b)Yearly teasdtotd paymenu� �-
<br /> or gmund trnts oo the Prapaty.if�ny:(c)Yeart�'hazand ar praperty i�premiusa5:(d)Ye�,u1Y floai insnrance premiums, :,+�
<br /> if aey:(e)Yearly aartg,age insnrince pre�iumc.if any:�nd t�anY sums PaYabte by Bormwer to l�ender.in a000rdance witb -_
<br /> tbe provisioas of par�graph S.in lieu of the payment of mortgage ipsuran�c prcmiums.These items are railed'Escmw Items." �;-�w
<br /> i.endtr tr�y.at uiy time.`oolloct and hatd Funds in an amount not to excad the mauimum anaunt a lender for a fedecalty
<br /> nlatod mo�tgage lwn may req�ene for Bormwer's escrow acoount wjder tLe fedetal Rp1 Estate Settlemen't Prucedures Act of • �`=
<br /> 1714 as ainended from tiMe to.time, I2 U.S.C.Section 2b01 u seq. ('RESPA").unless anather law that apQlies to the Funds
<br /> sets a laser amoant.If so. Ltrdtr trny.u any time.oollect ard hold Fonds in an amount not ta exaeed the lesser amount.
<br /> L�+nder a�ay estimate the amount of'Funds due on the basis oC current data aad zeasonabte estimates of.expeaditures of futune � .
<br /> , Fsc�row Items or ott�erwise in xcordance with applic+bte law.• . •
<br /> 'd1�e Fundt s6i11 be betd'irt an inuitation Rfiose deposits are insiu�ed by a faderal agency. instrument�ity. or entity
<br /> (including I.endtr.if Lender is�sucli an institutionl or in any Feder�l Home Loan Bank.Lender shatl apply the Fands w pay the. `�":
<br /> Fscmw Itett�s.Lender may not charge Borruwer for holding and applying the Funds.annually analyzing the escrow accoun�or _
<br /> verifying the Escrow Itrnu.unless Lende�pays Barrawer incerest op the Funds and appticable Iaw pemuu l,ender to make such
<br /> a charge.However.Lender may require Borrower to pay a one-time charge.for an independent real estate tax reporting service
<br /> - usod by l.ender in con�octiot� with•this toan. unttss applicable law provides otherwise..Unless an agreemeot is made m , -
<br /> applipble law roquices interest to be paid.Lender sha11 not 6e required to pay Borrower any interest or eamings on the Funds. .
<br /> � Borrower and i�ender may agree in writing.howevu.that intetest shall be paid oa the Fw�ds. Leader shall give to Borrower. � �
<br /> without chazge.an uu�oal acxxwnting af the Fw�ds. showing credits and debits to the Funds and the purpose for which each '
<br /> dabit.w tl�e Funds was m3de.Tde Funds aTe�lodged as addiGoaal secwrity far all sums s�ecured by this Security Instrument. �_
<br /> If the FwWs held by I.ender exceed the amounu permitted to be held by applicable law.I.ender shall acrnunt to.Borrow�r ;;��
<br /> for the exebss Funds in acoondance with the requiremencs of applicable law.If the amount of the Funds held by I.ender at azry
<br /> time is not sofficient to pay the Escrow Items when due.Lender may so ratify Borrawer in writing.and,in such case Horrower ''� `
<br /> shall pay w Leader the artaunt necessary to make up the deficiency. Borrower sf�all make up the deficiecKy in no r�iore than
<br /> twelve mo�xltty paymenGs.at Lender's sote discrec[an. • •
<br /> Upon payment in full of all sums secured by this Security lnstn�ment.Lender shaU promptly refund to Bact'c•�er any
<br /> � Funds hdd by Ler�der.If.under paragraph 21.L.ender shall acquire or seU the Property.I.ender,priar to the acQ'.c�ti_�;;�or sale
<br /> of the Property,shall apply any Funds 6eld by Lender at the time of acquisiiion or sale as a credii against the s.�r,��v3:~�ied by `
<br /> this Security Inst�ument. . .
<br /> � ' 3.Applicatbe.ot P�ymeats.Unless applicable taw provides othenvise.all paymen�s received by LQr,�u:��r�..r.r paragraphs .
<br /> � 1 and 2 shall be applied:first.to anY Prepaymerrt charges dua under the Note:second.to amounu paya������.�rs?raph 2:
<br /> ' , third,to intercst due:fourth.to principal due;and last,to any late charg�due under the Note. .
<br /> . 4.Charges;Liens.Borrower shall pay all taaes,assessments,charges, fines and impositions attribatable r•�tt��.�soperty �
<br /> � which may attain priority over this Socurity Instrument. and leasehold payments or ground renu, if any. Bonower'.s:Iall pay
<br /> � tliese obijgations in the manner provided in paragraph 2.or if not paid in that manner. Borrower shall pay them on time directly �� � �
<br /> W the person owed payment.Borrtlwer shall pramptly furnish to Lender all notices oF amounts to 6e paid under this paragrapb.
<br /> If Borrower makes ihese payments directly.Barrower shall prompdy fumish to Lender receipts evidencing the payments. �.
<br /> Borcower shall promptly discharge any lien which has priority over this Serurity Instrument untess Borrower. (a)agrees in .
<br /> writing to the paynxnt of the obligation secured by the lien in a manncr acceptable to Lender.(b)contests in good faith the lien ,,�
<br /> by. or defends against enforcement of the lien in. legal procecdings which in �he l.ender'c apinian operate to prevent the
<br /> . . enforcement of the lien;or(c)secures ftrsm the holder of the lien ao a�reement saticfactory to t.ender cubardinating the lien ta �
<br /> this Security Instrument. If i.endf�r determines that any pan of e�e Property is subject to a lien which may attain priority over � •
<br /> this.Security Instrument.•Lender rr.:a, give Bomower a notic��j�i�tifying tfie lien. Bonower shall satisfy the lien or t�ke one or
<br /> ' more of the acdons set forth ab�?•e��thin 10 days of the�i���g of notice. � . �..
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