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<br /> T0C3B1'HER W1TH dl the lmpmveraents n�w a bencafur erocted on the property.and ell e�sement�.appartenancea,
<br /> and fixuu+a now a ha�eaRer�p�rt of thc property. All�eplacanentc aud addiNorw ahall alw bo covernd by thia Security
<br /> Luwmen� All of the foregoing ia cefared to in this Socurlty Itutcumcnt u the"Praperty."
<br /> BORROWER COVENANTS that Boirowu is lAwfally seised of the cstatc hereby conveyed ond has the right to�rant
<br /> _ — and convey t(u 1'coperty su►d Uwt th�Propecty Is un�ncumbercd,oxcept for encumbcanees of rocord. Borrower warranb utid
<br /> wUl defa�d Qener�lly the dde w the Pro�xrty against all cl�ims and denwxlc,subject to w►y encumbnnces af racord.
<br /> -- THIS S�CUR17'Y 1NSTRUMENT combines uniform covemu►ts for nadonal use and non•unifam coven�ntbc wlth
<br /> — limited variations by juriakiictia�w coiut�tutc a uniform secuiity instrumcnt covuing mal property. �
<br /> UNIi�ORM COVENAIV7'S. Borrawer and Lender covenant and agra as follows:
<br /> � l. Aynaent ot Principd w�d Intc�+e9t;Prep�yment And I.Ate C6argea Borrower shall promptly pay when due the
<br /> — __ _° principy!of And iateast on the debt evldenced by the Note and eny prepayment and late chazges due under the Notc.
<br /> - — �. fi�nds foc'Ibcea w�d Inwtyu�ce. Subject to applicable luw or to a written waiver by Lender.Barower shall pay to
<br /> __-� Lcnder on the day monthly payments arc due under the Note.until the Note is paid in full,a sum("Funds")for. (a)yearly
<br /> __ taues and assessments which may attain pdority over this Securiry Instrument as a lien on the Property;(b)yearly lcabehold
<br /> -- -� ,.---^�- payments or ground re.nts on the Property, if eny: (c) Year1Y hazard or property lnsurance premiums� <d)yearly tlood
<br /> `°"'��.'.�.��"' insurance rcmiums. if en : (e) yearl mort a e Insurance c�emiums, If an ;and(� an sums able b Borrower to
<br /> — p Y Y S B P Y Y PaY Y
<br /> I.eader,in acca�+dance with the provisions of paragraph 8,!n lieu of the payment of moRgage insurance premiums. These
<br /> items arc called"Escrow Items." Lender may,at any time,collect and hold Funds in an amount not to exceed the maximum
<br /> , °�'•� - amount a lender for u federally rclated mortgage loan may requirc for Borrower s escrow account under the federal Real
<br /> . �?�.,»• - Estate Settlement Procedures Act of 1974 as amended from dme tn time. 12 U.S.C.$2bQ1 et seq.("RESPA").unless anaher
<br /> "+r� ' law Gtiat applies to the Funds sets a lesser amounG If so.Lender may.at any time,coilect and hold Funds in an emount not to
<br /> -� . _"''�`'�"., excced �he lesser amounG Lender may estImate the amount of Funds due on the basis of cument data and reasonable ___
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<br /> „ ,,,., , esqmates of expendltures of future Escrow Items or otherwise in accordance wjth applicable law. _
<br /> '"�•• � The FLnd.c shall be held in an institution whose deposits arc insured by a federa( agency,insUumentality.or entity
<br /> ;., .
<br /> "'�' (including Lender,if Lender is such an institutiun)�r in any Fcderal Home Loan Bank. Lendcr shall apply thc Funds to pay _
<br /> � - ,. the Escrow Items. L.ender may not charge Barrower for holding and applying the Funds, annually analyzing the escrow
<br /> , account, or verifying the Escrow Items, unless I.ender pays Barrower interest on the Funds and applicable law petmits
<br /> ° • Lcnder to makc such a charge. However,Lender muy mquire Borrowcr to pay a one-time charge for an independent real
<br /> � ' � �: estate tox reporting service used by Lender in connecqon with this loan,unless applicable I;tw provides otherwise. Unless an
<br /> agrcemcnt is made or applicable law requims interest to be p�id,I.ender shall nat bc rcquired to pay Borrower any interest or --
<br />.. , camings on the Funds. Borrawer and ixndcr may agrce in writing,however,thut interest shall be paid on the Funds. Lender
<br /> shall give to Borrower.without chargc,an annual accounting of the Funds,showing credits and dcbits to the Funds and the
<br /> purpose for which each debit to the Funds was made. The Funds are pledged aa additional security for all sums securcd by -.
<br /> this Security Instrument.
<br /> --===_—__--__=' tf tI-�e Funds heiii by I.cndrr rxcr.rd i1�c u�u�wit, �xrniitted to be hcld ty applicabtc law, Lender.':�29�I IICCO!!S!I t4
<br /> Borrower fur the exress Funds in accurdance with the requirements of applicuble law. If the amount of the Fundc held by _ _
<br /> Lender at any time is not sufficient to pay the E+crow Itcros when due, Lender may w notify Borrowcr in writing,and,in
<br /> such case Borcower shall pay to Lender the amount necessary to make up the deficiency. Bcxrower shall meke up the � _
<br /> � deficiency in no more than twelvc monthly paymcnts,at Lender's sole discrction. _^
<br /> •. Upon paymcnt in full oF all sums securcd by this Sccurity Instrument.Lender thull prompdy refund to Borrower uny --
<br /> Funds held by Lender. If,under paragraph 21,Lendcr,hall acquirc or scll the Property,Lender,prior to thc acquisitian or E'
<br /> salc of tt�c Property,shall apply any Fundx hcld by Lendcr at thc time of Acquisition or sale as a crcdit a�ainst the sums t�,._
<br /> �� secured by this Securiry Instrument. �°-
<br /> M , 3. Application of Payments. Unless applicuble 1•rw provideti otherwisc, 311 payments receivcd by Lcnder under
<br /> •• paragraphs I and 2 shall be applied: firtit,to any prepayment chargrs due under the Notc;ucond,to amounts payAble under
<br /> �� ` paragraph 2;third,to interest due;fourth,to princi�al due:und latit,to any latc charges due under the Notc. �__
<br /> 4. Charges; Liens. Borrowcr shall pay rll taxes, ustic.�mcnts.charges, fincs and impositions attributablc to the
<br /> �„ Property which may attain priority ovcr this Scwrity lnstrumcnt,and Ieasehold payments or ground rents,if any. Borrower
<br /> shall pay thesc obligations in thc manner providcd in paragraph 2,or if nut paid in th�t manncr. Borrowcr shall pay them on
<br /> , � timc directly to the person owed puyment. Borrower tihall promptly fumish to Lender all noticcy of amounts to be paid under
<br /> ' this para�raph. If Borrower malces tlu�c paymcnis dimctly, Borrower shalt pramptly fumish to Lcndcr mreipts ev�dcncing
<br /> � ' ' the payments.
<br /> Borrowcr shall promptly dischurgc any lirn which h•rs prio�tity ovcr this Sccurity Imtrumcnt unless Borcowcr:(a)agrces
<br /> in writin�ro thc paymcnt of thc obligation sccuted by thc licn in a manner•rcceptable to Lcndcr,(b)contc.ts in guad faith the
<br /> licn by,or defcnds ugainst cnforccment of thc licn in,legal prcxecdings wf�ich in the Lrndcr ti opinion operatc to prevent thc
<br /> . enforcement of the lien;or(c)secures trom thc holdcr of thc lien an agrccment sati�factory to Lcndcr tiubordinating the lien
<br /> to this Securiry Instrument. If Lender deterniine.that any part of the Pcnprny iti subject to a lien which may attain priority
<br /> over this Security Instrument,Lender may give Borrower a nutice identifying thc lien. Borrower shall.atisfy thc lien or tuice
<br /> onc or more of thc actions set forth aF►ovc w•ithin 10 J:rys of thr giving of n�riirc. �
<br /> 5. Hazard or Property Insurance. Borrowcr tihall krep the improvcment�now cxisting on c�rcaRcr crectcd on thc
<br /> Property insured against loss by firc,h�varJ.included within thc trm�"cxtcndcJ ruvcragc"and any othrr h:uards,including
<br /> � , floods or tlooding, for which Lcndcr mquires insurancc. This inxurancc tih•rll bc maintuincd in thc amount,and for the f
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