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<br /> TO()BTHER WTTH�1!the improvcmenu now a hetraRa�xrocoed on tt�e propert���'d�fiufm�n—"�S;y�pu�.
<br /> ond Rxqu+a now or ha�iter a prt of tha pmpaty. A!I nplaoema�ta�nd ddidau�Il�Lo ba ooverod by dilc Se�wity
<br /> I�uuunia�t. All ot the fore�oL�is Kfened to ia thj�Securiry Insaumerit�s�he"Propecty."
<br /> HORROWER COVENANTS that SoROwer is 1�wtWlly seiied of the estate l�creby conveyaf�nd hu the rl�ht W�rant
<br /> u�d catvey the Propaty wid d�st the P'ropeKY it unencumbercd.exccpt for encumbcurwes of rocord. Bomower wurants ond
<br /> wUl defend�exraliy the titk w the ProQecty a�inst�ll cldro�and de�nmds,wbjxt w�ny encum6nnces of ncard.
<br /> - THIS SL-tCURI'I'Y 1NSTRUMENT rnm6ines uniform covenent,fcx nallonal utie wnd non•uniform cavennnt4 with _
<br /> limited vaeiatian�by jwisdjcdon to conct�wte a uniform secudty instrument covuing real propecty.
<br /> UNIFpRM COVENAIVI'S. Borrowa and Lender cavaunt and agree as foUows:
<br /> — 1. Pxyment ot Prindpai and Iaterati 1'�'�P�7'��t wd I.wte Char�es. Borrower stwll promP�Y P8Y whea due the
<br /> pr�ncip�l of and inta�est oa the debt evldenced by the Note and any prepayment and late charge�due under the Note.
<br /> 2. �undi[or T3ues aud Inwrance. Subject to applicable law or to a wriuen waiver by I.ender.Bocrower shaU pay to
<br /> Lender on the day monthly payments are due under the Notc, until the Note is paid in full.a sum("�unds")for:(a)ycacly
<br /> ��� � taxes and assessrants which may attain priotity over this 5ecurity Insuu�ttent as a tien on the Praperty;(by ycatiy leasehold
<br /> payments or growid nats on the Proporty. if any; (c) yearly hazard or property insurance premiums; (d) ycariy flood
<br /> insurance premiums, if any:(e)yearly mortgagc insurance premiums,if any;and(fl any swns pxyable by Bornowcr to
<br /> I.ender,in Accordance with the provisions of paragraph 8,in lieu af the paymeqt of mongaga insurance prommms. These
<br /> items are called"F.scrow Items." Lender may,at any time.collect and hold Flinds in un xmount nat to exceed the ms+xximum
<br /> amount a lender fa a federally related mortgage loan may require for Borrower?s escraw account under the federal Rcal
<br /> �;�4,u�;,� Estate Seulemeat Procedures Act of 1974 as amended from dme to timc,l2 U.S.C. �2601 u seq. ("RESPA"),unless another —
<br /> .~R`�'�'"""'s law that appliea to the Funds sets a lesser amount. If su,I.ender may,at any dme,�•oll�ct and h�id Funds in an amount nat to
<br /> -,_;.�� ��, exceed the lesser amount. Lender may estimate the amount of Fvnds due on the uasis uf�urrcnt cl.�ta .�nd �+ea �nable
<br /> - ectimates of expenditures of future Escrow Items vr athervvise in accordance with applicabl�law.
<br /> The Funds shall be held in an institudon whose deposits arc insured by a federal agency.instrumentaliry, or entity
<br /> - (tnciuding i.ender,if Lender is such an insUtution)or in any Federal Homc Loan Ban{c• 1-ender shall apply thc Funds t�puy
<br /> the Nscrow Items. Lender may not charge Borrower for holding and�pplying the Funds.annually unalyiin�thc c�scrow
<br /> account. or verifying the Escrow Items, unless Lender pays Borrower interest on the Fund�s und upplicable I�w permitx
<br /> L.cnder to make such a charga Howcver,I.inder mxy rcyuirc Borrower to pay u onc-timc ctwr�e Rx an indcpendcnt rcs�l
<br /> � estate tnx reporting service used by Lender in connection with this loun,unleas applicuble luw pmvides atherwlxe. Unlesx un
<br /> _ agreement is mude or applicable luw rcquires interest►o be poid.Lenckr shall not be rcquired ta p�y Dnrrower uny inurcKt�r
<br /> eamings on the Funds. BaRawcr and[.endcr muy agrcc in wdting,however,thut{ntcrcxt shull tx�puid on the Fun�lx. Lcndcr
<br /> shall givc to Bocrowcr,without churgc,un unnuAl accounting of thc Ftmciti,chowing credits and dcbits to the�undx und thc
<br /> � purposc for which euch debit to the Punds wus madc. Thc FLnds arc pled�ed oa additionul axurIiy for ull�ums sccurcd by
<br /> - ;�.�!,.�.�y iy,�. ` thia 3ccurfiy Insisumcai.
<br /> ,;�; . � If the Funds heid by Lender excced the amounts permitted to be treld by applicnblc luw, Lender shall urcuunt to
<br /> :�'i,�i �� '"�', Borrower for the excess Funds In accordance with the mqwmments of upplicable luw. It the amount of the Funds held by
<br /> � � C.ender at any tirnc is not sulficient to pay thc Escrow Itcros when due,Lendcr may so notify Borrowcr in writing,and,in
<br /> , • � � � ' such case BoROwer shall pay ro Lendcr the umount nccessnry to malce up the de�ciency. Borrowcr shall make up the __
<br /> ' .�~�• � deflciency in no more than twclve monthly payments,at Lcnder's sole discretion. _
<br /> •�`•-• '��••-+�°° � Upon payment in full of all sums secured by this Security[nswment,Lender shall pramptly refund to Borrower Any
<br /> � , ' Fands held by Lencler. If.under paragraph 21,Lender shall acquire ar xell the Property.Lender.prior to the acquisition or
<br /> . �� . sale of the Property, shall apply any Fundti held by Lcnder ut the time of acquisition or cale as n crcdit aguinst the Rums
<br /> '. • � secured by this Sccurity Insuument. _
<br /> 3. Appticatbn of Payments. Unless applicable law provfdes otherwise, alI payments received by Lender under �;
<br /> Yel;•",.", � .. �.-
<br /> _.5; , paragraphs l and 2 shall be•rpplied:first,to any prepayment charges due under the Note;sccond.to amounts payable under
<br /> �•'� ... , paragraph 2;third,to interest duc;fourth,to principal duc:and last,to uny latc charges due undcr the Note. �__
<br /> 4. Charges; Liens. Borrower shall pay all taxes,ncsessmenGs, ch;►r�es, fines and impositions atuibutuble to the
<br /> � Property which rnay attain priority aver this Sccurity Instrument,and lcaschuld payments or�round rents,if any. Borrower �W
<br /> f ' shall puy these obligations in the manner provided in paragraph 2,or if not paid in thut manncr,Borrowcr shall pay them on �..
<br /> - time dirccrly to thc pcnon owed paymcnt. Borrower shall pmmpQy furnish to Lender ull noticeti of amounts to be paid under -
<br /> . ' this paragraph. If Borrower make�these paymenGc dircctly,Borrower shall promptly tumitih ro Lender receipts evidencing __
<br /> the paymcnts. ==
<br /> , Borrowcr shall promptly dischargc any licn which h�s priuriry uvcr this Sccurity Instrumcnt unlrss Borrower.(u)ugrecs �-
<br /> � in writing to the payment of the obligution secured by the lien in a manner ucceptable tu LenJer.(b)contests in good faith the `
<br /> i:_-.
<br /> ,;:':•_� ` lien by,or defends ugainst enfarcement of the lien in, Iegal pr�xcedingti which in the Lender',opiniun operate to prevent the
<br /> - enforcement of the lien;or(c)secures from thc holde:of the lirn un agrcement suti+fuctory to Lcndcr subordinuting the lien �-
<br /> to this Se�:urity Innuument. II'Lendcr detennines that any part of thc Prc�perty iti subjcct to u lien which muy attain priority �`�'
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<br /> over this Security Inswment,Lendcr may give Borrowcr u notire idcntifying the licn. Borrowcr shall sntisfy the licn or tuke �.;
<br /> one or moce of the actions set fonh atxrve within 10 days of the giving of noticr. �'.'"`
<br /> S. Hazard or Property insurance. Borrower sh�ll kcc:p the improvements n��w cxisting on c�rcaftcr emrced on thc
<br /> � � Property insured again,t loss by firc,harureis included within thc tcnn"cxtcndcd rovcrage"and sny nthcr h;uarcis,including
<br /> - flaods or floading,for which Lender requires insurance. Thix intiurunrc,huU tx muintuined in the umounts and for the
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