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<br /> '1'ODETH�it WI'I'H all thc improvema�t�raw or ha�attu erocted on the property.ud dl esrementa,aPPurtaunoa.�nd
<br /> ffxture� now ar herca}ter � part of the pcoperty. All r+cplaoatKnts and addttiotu �lwll dw be oovuod by tWs Security
<br /> [�uument. Al!of the fore�oinQ is refened to in this Securtty Inurumcnt iu�he"Property."
<br /> BURltOWER COVENANT5 that Horrower Ir lawfully selsed of the es�tuo ixreby conveye�and h�the ri�ht to�rant and
<br /> oonvey the Propeny and tFwt tho Property is unencum6erod. except for encumbrAnces of rocord. Borrawer wunrtu�nd will
<br /> ! da(end Qenerally the dtle to the PropeRy n�aimt stll clalms and demand�.subject to any encumbrunces of roroM.
<br /> � THIS S6CURITY INSTRUMENT aambine�unifam covenants for national use snd non-unitorm cnvenanta with limited
<br /> �A.�-.�--T-�-,�.�� vari�tians by jurisdiction to a►nstiwte a unifarm Kx�rity instrument covedng real property.
<br /> � UNIFORM COVENANT5.Borrowcrand Lcrxiercovensnt and agra xs follows: �
<br /> 1. Yrymeat ot Princlp�l nnd Intrrati Prepoyment aad I.ate Gfu�rRec. Borrower shall pmmptly pay when due the
<br /> � principal of and inter�.st on the debt evidencod by thc Note and any prepayment and latc chargcs duc undcr the Notc.
<br /> _ 2. Fund�for Twxes�nd Inauranee.SubJoct to applicable luw or to a written waiver by l.ender.Borrower shell pay to
<br /> — Leader on thc dny monthly puymcnts are due uncier thc Note, until the Note is paid in full,a sum("Funds")far:(a)yearly txxes -
<br /> ___�_�_�___ ___ and assessments which may attsiin priority over this Security Instrument as u lirn on the Property:(b)yeuly leasehald paymentc _
<br /> or ground ronts on the Property,if any;(c)yeurly haxard or property insurance premiums;(d)yearly flood insurmce premiums,
<br /> � ff any;(e)yeuly mortgAge insurance premiums, if uny;arid (4 any sums payable by Borrower to L.ender, in accordance with
<br /> + the provisions of paragraph 8, in lieu of the payment of martg�ge insurnnce premiums.These items are called "Escraw Items."
<br /> �.—� i.endcr may, at any time, collect and hold Funds in an amount not to exceod the maximum amount u lender for a fodcrally
<br /> _ ' related mortgage loan may rcyuire for Borrower's escrow accaunt undcr the federul Real Estate Settlemcnt Pracodures Act of
<br /> ,_.s � 1974 us amended from time to dme, 12 U.5.C. Section 2601 et seq. ("RESPA"), unless another IaN�that ap�li¢s to the Funds
<br /> '� � � �i sets a Icsser amount. If xo, Lender may, at uny time,collect xnd hold Funds in an amaunt not to excecxl the Iesser amount. _ .
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<br /> ' � I.ender may estimate the umount af Furuis due on the basis uf current data and reasanable estimates of expenditures of Future
<br /> � �•�• �`' - I Escrow items or othcrwise in accordance with applicable law. =-
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<br /> •�},,a�,�s�;�,;k?,,. ,� i The Funds shall be held in an institution whosc dcposits ure insurcd by :� federal ageacy, in�trumentulity, or entity
<br /> �f�'�'='k:;:''�'�? (including I.endcr.if Le��dcr is such an institution)or in any Fedei sl Homc l.oan Bank. Lcnder shall apply the Funds to pay thc
<br /> ' �``'i''' ."� ��•��� � Escrow ltems. Lender may not charge Bc�rznwer fnr holding and applying the Funds,unnually analyzing the escrow account,or __-
<br /> •t�'�',t'�"`•�' verifying the Escmw items, unless Lender puys Borrower interest on the Funds und applicable law permits I.cnder ta make such �=�
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<br /> `f,.�„�. •.•`;,_ • .. a charge.However,Lender may require Bnrrower to p�y a one-time eharge for an independent real estate tax reporting service _.
<br /> �"'�"" �' y`�""� ' usFd by Lencler in connoctiun with this Ie�an, unless applic�ble law provides athcrwise. Unless an agrcement is made or �T:
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<br /> �• ' • applicablc law rcquires interest to be paid,Lender shall n�t bc required to pay Barrower nny interest or eamings on the Funds.
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<br /> `: ��} ;,s ' i Borrower and Lender may agrce in writing, however.that interest shall be paid an the Fundti. Lender shall give to Borrower, ��,R.
<br /> . _ , �._{,��„_f�,,, i without charg?, an annua! �!cc���nting�f thP Fwxi�, .hnwina c�edit.and dehits to the Funds and the purpose for which cuch
<br /> „ ,..Y,r,�,;;._ . i debit to the Punds was made.The Fundz are pledged u�additional security forall sums secured hy this Security Instrument.
<br /> :, � If thc Funds held by Lender exceed the amounts permitteJ to hc held by upplicable luw, L.ender sh•rll account to Borrower �
<br /> -• • � ���' � for the excess Funds in ucrordance with the requirement� af appficable law. If the amount of the Funds held by Lender at any ---
<br /> :�:�; `� time is not sufficient to pay the Ekrow ltemt when duc.Lender may w nntify Botrower in wriiing,and,in such cace Borrower �-�'
<br /> ,' shall pdy to L.ender the amount necessary to make up ihe deficiency. Barrawer shnll muke up thc deftciency in no more than _-
<br /> � ' twelve monthly payments,at Lender's sole discretion. �_.
<br /> � �7��•;_-.. ,. .. Upon payment in full of ull sumx +ecured by this Securiry Inrtrument. L,ender shull prompdy refund to Borrower any �
<br /> " ' Funds held by I.endcr. If,under par:�graph 2 i. l.ender shall ucquirc or scU thc Property,I.endcr,prior to tt�e acquisition or sale �'
<br /> . �' �,� . of the Property.+hall apply any Funds hcicl by l.ender at the time of ucqui�ition or.ale as n credit ngainct the sums securecl hy �_•'
<br /> `=,:n '" ' , " this Scrurity Instrument.
<br /> �; -. 3. Application of Aayments.Unlccs upplicable law providrti otherwise,ull payments rcceivcd by Lender under paragraphs �w.
<br /> � , 1 and 2 shall bc applicd: first. to•rny prcpayment chargcs duc undcr thc Notc; ticcond,to amounts payablc undcr paragraph 2; —_
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<br /> third,t�interest duc; fourth,w prinripal Juc:und lust,to any latc chargcs duc undcr thc N��tc. �
<br /> � � ' ��' 4. Ctw��v; i.iens. Rormwcr zhall pay:dt t:ixes,asxc.�menn, ch•rrgeti, tinc�and im�sition+uttributahle to the Propeny
<br /> = which mu attain rioriry uver thi. Serurity Intitrumem, and Ica.rchold payments iir gn�und rentti, if •rny. E3orcower shull pay �:
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<br /> , these obligations in the manncr proviJcd in paragraph 2,��r if not paid in that manncr, &rrruwrr shull pay them on time directly
<br /> to thc person oweJ paymcnt. Bc�rrowcr shall prumptly furnish to Lcndcr all natiuti��T am��untti to bc puid undcr this parrgraph. -_
<br /> If Borrawer makes thc,e paynx:nt�dircrdy, Borr<�wrr slwll pramptly furnish ti�Lcndcr rcceipts evidcncing thc payments. �`'
<br /> `......, Bonower shall prompdy diticharge•rny lirn which haa prioriry ovcr thi�Scrurity In+trument wi�etis Borrower.(a)agrces in ` ;
<br /> S:� writing to thc payment of the obligation krurcd by thc licn in a manncr acceptahle tn Lcndrr; Ib)ronte+ts in gcxd fuith the licn �
<br /> ' •'"t•�` b or defends o•am�t enti�rcement of thc licn in. Ie al r�xceJin�� which in the L�nder'> �� �niun o x.rute to revent the
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<br /> . ;i""' ' • cnfarcernern of thc licn:or(c>ticcurr.frum thc holdcr nt the lien an uFrccmcnt .ati+factory to [.endcr subordinacing thc lien to F
<br /> . this Security (nstrumcnt. It'IsnJcr JMCnninr.that uny pun uf thc Pruprrt}• i� tiubjrrt to a licn w•hirh muy uttain priority ovcr
<br /> ' this Sccurity In,trument, I.rnJer niay gi�•�Burruwcr a niiticc idcntil'�•ing thc liri�. &rrr��wcr tihall satitify thc lien or tuke one or f
<br />_� � � morc of thc actionti+ct forth ubovc within lo day�ot'tlic g iving af nuticc.
<br />'�; � � Form 3028 �19Q
<br />'-- ; ., � Prq�2 016 �.
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