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<br /> � . TDC;ElHER Wi7H�tt tba im�aow a ba�atEar�iecee�c4 t6�,ProP�Y•�od ail ea�aneaa.a�pu�.
<br /> � and fixd�es nuw�ar bae�atie[:p�t c�F tbe p�apaty. All reptiow�aWS�ad add�ttoas s�U atsa 6e covaed by tbis Sa.�ity ,
<br /> Instrument Atl of the foretoiog is nPeued to in d�s Secatity Icucumeat as.d�e�Ft�oP�Y•", � . . �
<br /> BORROWFR COVENANTS that$amwa i§VwfuDy seiseG of the astate het�eby conveyed and i�c die mght w,gtant
<br /> . aad caav�tbe�topa�cY aad tl�t t�e ProPertY is une�:ei�cept.for eacQmbc�nces of rec�d. �aerowtr wurants and
<br /> ws�l defend gene,rally the dtle.w tt�e Pc�opertY against al!claitris u�d dem�nds,subjax to any'enc�a►branas of rocad. � .. -
<br /> � THIS SECURfl'Y IIV37RUIV�I�1T combi�s uniforw covea�nu for natia�at use,aad noa-untform coven�nts with �
<br /> limitcd watiaqons by jucisdiction to con.uiwt�a w�iform secucit�r insaument covering mal p�operty. ` ; .
<br /> UNII�RM COVENANTS. Borrower and Lander cove�nt and agree ag foliaws: '
<br /> . , 1. Paysmi d Yriedpl�IMereu;Yrspalmeat�d Late Char�rs. Homowu shaii p�y pay wbea due the � .
<br /> _ principal of abd interest on d�e debt evidenced 6y tl�e Nore and any p�epapment and tate ebarges dae the Nou.
<br /> L ��sd�for'iiwp aod Iowraoca Sabject to applicable taw or w a writt�n waiver by L.eader,Bo�rruwa shsll pay to;
<br /> ' LCaler oa dse dap monthiy payments aoe due aader tbe Nc►te,�mW the Note is paid in fu[1,d som("Fimds"?f�:(a}yeariy
<br /> taxes�d assessmeats wfich mary auain priority over this Sec�uity Tnsuument as a lien on the Prnpaey;(b)YeulY teasehotd
<br /> P�Y�a S�'��ts on the Fivperly, if any,(c) Y�Y ���P�P�Y insurance p�emiumc; (d) YeaziY flood
<br />- iasarance pcemiwns,rt'�u►Y;(e)Y�Y�898��G Pn���f any;atd(�anY su�s PaYabk try 13arrower to
<br />--- — �,p�der,in accaidae�e'vvith the pcovisions of puagraph 8,in liw of the payment of murtgage iasn_�++rP ptemiums• These
<br /> iterns a�+e c�lled"Esccow items." Lender may,at any time.collect aad hold Fimds ia an aaauat not W excad the maximurt�
<br /> amoimt a lender for a federaUy nlatsd mortgage loan ma�ceqeiire for Ba�rowe�s escmw account under the`faferal Reai
<br /> Fstate SeWement Prncod�nes Act af l974 as amended itom time W time.12€�.S_C.�2641rt seq.("RFSPA°),unkss another _
<br /> iaw thu applies to the Fands sets a lessec atnount If sa,l�ender may,at any�,o��=and hold Funds in an anwunt aot to
<br />-°- �x�1 dse lesset amount I.eader m�y esrimate the amoant of Fvnds dne as!�:�is of ciment data and nasonable —
<br /> - est�nates of eapenditunes of futune Lscrow Items ar otheivvise in acoocdance wiiii app�le�aw. . � ---
<br /> ,The�Iimds shaii be 6eld in an instiditioa abose deposits ane insu�ed 6y a fMe�a2 a�cy,inst�umentafity.or etroitY . �"=-
<br /> _ -- (incinding I.ender.if L.ender is suc�.an institufion)or in any Fdderdl Home I.oan Bank. Lender shaU apply tLe Fwids to pay :•;`:`'• �:.;.,.
<br /> tUe Fscrow Items. Lender may-�ax;charge Sorrower for 6oldiag and appIying the Fimds,annnally analyzing tbe escrow . --_—
<br />- acco�mt, or verifying the Escro�.��is, unless L4ader l�aJrs Bormwer intenst on tl�e Funds and applic�ble law pem�its -��_-
<br /> ---- - Lender to make sach a'charge. Pf��e�r'ixnder may requine Botrower m pay a one-time charSe for aa indepeadent rr�al •_�`�=�
<br /> estate tax zepo�tin8 service used by f.eac�L•isdsanesdon anth this loan.untess applicable}aw provides o[l�erwise. Unless an N�-
<br /> � !ic'�Ie law ��tst to be 'd 1-�r slmlk not be nequired to pay Bat�owet aaq inte�est or ��
<br /> ;�greement is aiade or app w r�c�.. Pa! ,
<br /> � r.ammgs on the Fvnds. Borrower and I.es�3�z�aj;agree in wnting.however.that intenest sha116e paid dn the Funds. Lcmder J';".:
<br /> ' � shall glve to Borrower.without charge.arn am�a:a�"coun6ag of tl�e Funds,showing c�dits and debits w the Funds and the f .�."'�,
<br /> vo ._:-�.,�.
<br /> - ' pu�pose for whlcd ex h d e bh to t h e F i m d s w.as iis�e. T6e Fands ace pl e d gec!as additional secority for all sums secured by �-� �"�,-�
<br /> s:.._ e ; _.�.P..:.�.__
<br /> �'".�"�'' ihis Seeurity InstnunenL ' ' - `�
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<br /> �` ���'�:� • If the Funds hekl.by I.eoder exseed Qie�nunts permitted to be.�ld by applicable law, LCIIdCP 5A8II BCCOp�L t0 —
<br /> " h:T:. ' Borrower for the eacess I�nds in accordanc¢a:.�1i tliee mquicements o€a�'deable law. If the amount r€the Fimds held by .�'"'��'�.:-�
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<br /> :�.� :�_ • :- • l.ea3er at aay tune is not su�cient to pay the�scrow Ite�s R�en diw.�nder may so notify Borrowe'r in wri�g,and.in "�.,i!�: -'�'
<br /> ° �;°, , , sa�case Borrower shatt pay to I.ender the amauat n�yr to make np the deficiency. Horrowex sha�l c,aze up the _
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<br /> ��.�'::•.:::ry. � defii�iency in nb mbre than twe lve mon t h ly payments,at l.en d e r's so le d i s c c e uo n. - _'t<``s' :.�---_
<br /> 3=��_:- -- -• .'•'> Upoa paymei�in full of all sums secured by this Secnrity lnsuumen�,l.ender shall promptly refuad to Bocrower any [ _
<br /> '�'�r�'' '3" ''� ' Futlds held by LeI�2�°t. If,under paragraph?&,lxnder sdall acquite or sell the Pieoperty.Lender,prior ta the acquisition or !�.
<br /> s.�,;, _ . Le
<br /> �,-�•. ° _ sale of the Roperty.shall apply any Fun�s held by Lender at the dme of acquisition or sale as a crzdit against the sums
<br /> - f' secured b this Securi Instcumeai . � : _ , `r��,'•
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<br /> `.;?'` ., • 3, ppplkallon o[Hiymeat�. Unless applicable law provides othemise.all payments received by Lender under
<br /> � � #.•• � - paragraphs 1 and 2 sha11 be applied:first,to any prepayment charges due under the Note;second,to amounts payable under �� � -�;
<br /> :� `�Y�°�'�=.� - p a r a g a p h 2;thi r d,to inurest due;founh.to p nncipal due:and last,to any late charges due under the Note. f . .
<br /> �;�''``' ' � q. Charge.s; Lien9. Bo�rower shall pay all taxes, acsessmenu. charges. fines and imposiaom attri bu t a b le to t h e , , •
<br />. .., b_` '':.r,.� . •
<br /> 'r �•�_:�. . ." , property which may attain priority over this Security Instrument,and leasehold payments or ground rants,if any. Borrower • •
<br /> �''-"'"'� `� '' shall pay these obligatiQns in the manner provided in paragaph 2,or if not paid in tfiat manner.Borro:c��r shal!pay them on - ? �
<br /> �'-�r� --• ' �"�� y wne directly to the person owed�ayment. Borrower shall promptly fumish to Lender ap notices of amaunts to be patd under E ..__ :;_;;;.,.; .:_�
<br /> '•"-"��' �,=:::.�;:,; . .. . this�ragraph. Tf Botrower�:s these payments directly,Borrower shall promptly fumis4�tu Lender receipts e�-idencing
<br /> :f_�.. � � �.. �.
<br /> '" ''`' • the payments. '' `
<br /> ���"•`t� ' ' Bar�ower s,��kl promptly discharge any lien which has priority over this Security lnstrument unless Borrower.(a)agrees � ' � �
<br /> a 'HY�.r.� i • . �
<br /> - �.,:;:: �.•`' in writing to the payment of the obtigavon secured by the lien in a manner acceptable to l.ender,(b)wntesu in good faith the � "'
<br /> ' •.:,.„: . lien by.or defends against enforcxment of the lien in,legal procecdings which in the Lendcr's opinion operate to prevent the �.
<br /> '�'- ••� enforcement of the lien:or(c)s�ecures from the holder oi the lien an agreement satisfactary tn l.ender subordinating the lien
<br /> "`�'' `'' to this Securi Instcumenl. If Lender determines that an of the Pro_ y' � Y P tY '::
<br /> , ,�..,.. ty y part pert �s sub'ect to a lien which ma attn�s riori _
<br /> �(.•. ,�;;. .., ,.. ��._.... :-
<br /> ;;p,,.,,.�,; over this Security lnswmenb Lender may give Borrower a notice identif.�fng the lien. Borrower shall satisfy the lien or take �. : .
<br /> �•- one or mocr of the actions set focth above witIua 10 days of the giving of notice. f ' "�`
<br /> .`,.�� .; -'_ . S. yazard or property Iesurance. E�;rrower shall keep thc improvemcnts now existing or'.�r�-...�:`':��zcted on the '�'"�".:
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<br /> �,'';,,.,� P r o p e rt y i n s u m d a gainst loss b y fire,hazards;ac;uded witPin L'�e term"extended covera e"and an o�:;.r fiacarc{s.snctudin .� .-
<br /> '�ti 7�:• .. ` floods or flooding,for which l.ender requires insurance. �:s insurance shall be maintained in the amounts and for the �' •
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