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<br /> TOCi�E'Y'f!C'R WtTH�Il the Impzovemenu now a heneaRa e�sctod on the�ropaty,uul�If eauamenu.sppuden�nce�.
<br /> and tixtura aow ar lrore�iter�p�tt of the propeety. All�pl�eemena�nd addldau�h�ll dw be cov�rsd by thi�9�curlty
<br /> Iottr+anent All of the farr.�de�i�rrfened�o ia tbi�Security LNtrumeut�d�e"Propaty."
<br /> BORROW�R COVBNAN'TS th�t Bamwer i�lawfully�eUed of the utue heneby conveyed�ad h�s the drht w�nt
<br /> aud comey the Propaty u�d th�t tt�e Propaty is w�encumbered,excxpt fa er�cum6nnce�of racord. Bomower wurants wd
<br /> will defead�eneralty tha t�tle to the PiropeRY a�airut�II cl�ims and demandi.wbjacc a any encumbr�ot e+ecad.
<br /> THI3 SECURITY INSTRUMriIVT combiaa uNfam covenmu for rutional use�nd non•unifam coveoants wl�h
<br /> iiraiced varladon�by�ur;sd�cdon w cuouiwk a unif«m cecurlcy insaumeac covaiag rwt properry.
<br /> = UNIFORM COVENANTS. Borrowcr sinnd Leuder coveetnt and a�nee�u follow�:
<br /> l. P�ymeat ot Prindpal aod Iuten�ti�P�I'�pt iwd Iate ClurQa. Barnwer shAQ P�►P�Y PaY wt�ea dua tba
<br /> priacipsl of and iatenst oa the debt evideaad by the Notc and any prepayment and l�tc chuges due under the Note.
<br /> � 2. Ptiu�de fae'IYxa sad Iawranea Subject to�pplicable lAw o�r to A written waiver by Lender.Horrowu shall pay to
<br /> _; Lendu on the day monthlY paYments are due under the Note,unNl the Note is paid in full.a sum("F�ads")for:(�t)Y�Y
<br /> — — -; taxes and asKSSments which ms�y sttain priortty over this Secuciry Insuumant As a lien on the Propecty;(b)yearly lea:elald
<br /> - -- -•-- — payments or ground rents on the Propecty. if any; (c)yearly rtazeid or property insu�ance premtums; (d) yearly tlund
<br /> insnrancc prcrr►iwns, U any: (e) yrarly uwctgage iasuraace premiums, if any; and (� aay sums payable by Bomower to
<br /> � i.a�der,ia accordw�ce with the provisions of paragraph 8. in Neu of the payment of mortgage Insurance premiwns. Thece
<br /> items ore called"Escrow Items." Lender may,at aay time.collect and hold FUnds In en amount not to excad the ma�cimum
<br /> ! amount a leader for a federally nlatad moKgage loan may toquine for Horrower's escrow account uuder the fodenl Real
<br /> -__ ; Estate Settlement Rocedures Act of 1974 as amended from time to t�cne. 12 U.S.C.$26U1 et s�q.("RESPA"),unless another
<br /> - - law that applies to the FLndc sets a lesxr amoun� If so,Lend�r may,at any time.col;ect And hold Plu�ds In aa am�wnt not to
<br /> - exceed the lesser amoun� Lender may estimate the amount of Fl�nds due on the basia af cumnt d�ua and r�eawu�ble
<br /> � ectiraates of expenditures of future Fscrow Items or otherwise in�ccadance with applicable law.
<br /> t � 'fhe F�nds shall be held in en institu�on whose deposits a�lnsurad by a fedcral agency.instrumentelity.or�YUity
<br />- (including I.ender,if L.cnder is such an instituuon}or in any Federal Home C.oan Bank. L.ender shall apply the Ftmds to pay
<br /> the Escrow Items. Lender may not chazge Borrower for holding and applying the Funds. annually analyztng the esecow
<br /> account, or verifying the Fscrow items, unless Lender pays Borrower interest on the Fl�nds and applicable law permits
<br /> - ,�. � l.encicr to make such a charge. However,Lender may require Bacrower to puy a one-tlme charge for an independent nat
<br /> estate wx repoRing service used by I..ender in connection with this loan,unless appltcable law provldes aherwise. Unless an
<br />- �, :�._ � � agreement is made or applicable law requires interest to be paid,Lender shall not be requlred to pay Borrower su►y inurestor
<br /> `k;�?�;�" eamtngs on the Funds. Borrower and Lender may agrec in wridng.however.that interest shall be paid on the FS�nds. Lender
<br /> . �` �'` ��,tz�.t'l�,�t� shall give to Bomnwer,without charge,.�n annual uccounting of the�nds,showing credits and debits to the f�nds and the
<br /> _.,,��, �{+�'-�:,-_ purpose for which each debit to the Funds was made. Thc l�nds are pledged as addidonel securiry for�ll sums secut�ed by
<br /> - thic Securlty Instrumept.
<br /> If the Ftinds hofd by Lender exceed the amounts permltted to be held by applicable law,Lender shall account to
<br /> •��=�;��.• ' .- " Borrower for the excess Ftrnds in accordance with the requirements of appltcuble law. If the amount of the Funds held by
<br /> � '. � i.ender et any ume is not sufficient to pay the Escrow Items when due,Lender muy so notify Borrower in wddng,and,in
<br /> :�,;... .�:. ... such case Borrower shall puy to Lender the amount necessary to make up the deftciency. Botrower shaU make up the
<br /> - ' deficiency 1n no more than twelve monthly payments,at Lender's sole discretion.
<br />- . ' Upon payment in full of all sums secuted by this Securiry Instrument,Lender shall promptly refund to Borrower any
<br /> , ,�. . , Funds held by L.ender. If,under paragraph 21,Lender shall acquire or sell the Property,Lender.prior to the acquisition or
<br /> ' sale of the Property.shall appiy any Funds held by Lender at the time of acquisition or sale as a credit a�ainst thc sums
<br />- •r,..�•�.� • secuned by this Security Instrumcnt.
<br /> r •»� 3. Applicatbn ot Payments. Unless applicable law provides otherwise, all payments received by L.ender under
<br /> _ � ,r,�,�,�.--,. . . , paragraphs 1 and 2 shall be•rpplied:first,to any prepayment charges due under the Note;second,to amounts payable under
<br /> �„ parugraph 2;th�rd,to intercst due;fourth.to principal due;and Inst,to nny late charges due under the Note, _
<br /> 4. Charges; Uens. Borrower shall pay ull taxes. atisessments, charges, fines and imposttions attribumble to the
<br /> Propeny which mny attain priority over this Security Instrument,and Ieasehold payments ar ground rents, if any. Borrower
<br /> � shall pay thesc obligation�in the mnnner providcd in parugraph 2,or if not p:iid in that manner,Borrower shall pay them on r
<br />� ' time dirccdy to the penon owed payment. Borrower shaU promptly furnish ro Lendcr all notices of amounts to be paid under _
<br /> this paragraph. If Boaower mukex these payments directly. Borrower shull promptly furnish to Lender receipts evidencfng
<br /> • the paymen�s. 6
<br /> Borrower shall promptly diticharge any lien which has priority over this Security Instrument unless Horrower.(a)ugmes
<br /> in writing to the paymcnt of the obligution serured by the lien in a munner acccptable to Lender:(b)co»tcsts in good faith the _
<br /> ` lien by,or defcnds against cnfurccment of the licn in,lcgal procccdings which in the Lender's-opinion operate to prcvcnt thc _
<br /> enforcement of the lien;or(c)secures from the holder of the lien an ugneement satixfuctory to Lender subordinating the lien �
<br /> .:,..�;, to this Securiry Insuument. If Lender determines that any part of thc Property i�subjcct to a lien which may 3ttuin priority -
<br /> � '�'�•. over this Security Instrnment,Lendcr muy give Borrower a notice idcntifying the licn. Bormwcr shall saticfy the lien or t�ke °
<br /> one or morc of thc xtions tict fcxth abovc within t0 days uf thc giving of noticc. �.
<br />_ . 5. HA�rd or Property Insursmce. Borrowcr xhall kecp the improvcments now cxisting or hereaftcr erected on the �
<br />�_` Property insurcd aguinst loss by fire,hazurJ�included within the term"extended covemge"and uny other hazards,including
<br /> ' ; � floods or floading, for which Lendcr rcyuire� in�urancc. This insuran�e shall bc muintuined in thc nmounts nnd for the
<br /> I - � Fafn 3028 9190 fpnR�2 nJ 6/xigts► �
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