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<br /> � 94,�o�.sss _
<br /> TOOB7'HLR WITH ail the Improvemenu nnw or hero�(ter erocted on thc ptnpecty.�nd�II essement�.appurten�ncet.
<br /> and flxturoa�aw a haestter�p�rt of the propony. All ropl�cementa�nd�ddillon��h�ll dw be covard by thl�Siecurity
<br /> Iaswma�t. All oP the ta+e�oin�!�refemed w in th1�Security Inswment a the'Property."
<br /> _�—__--_ -. Rt1RROWF.R C'(�YRNAM:C�luit&xmw�u i�I�wfully.ei�ed of the eat�ta hercby convayod rnd hu the rl�{ht w�ruu __
<br /> and convey the Prnperty and�hst the Praperty i+�unencwnberal.tzcapt for encumbrsnces uf rocord. 8orrower w�cr�nb�nd
<br /> wfll deknd Qenerally the t3tk to the Propeny s�inu�II clainu�nd demands.wbjat to any:�:umbru�ce�of rococd.
<br /> --�----------� THIS SECURITY INSTRUMENT rnmhine+ unif�xm mvenentr: fnr rwticxiwl us5e ar�d nan•uniform covaiants with � .
<br /> limited vui�Uonf by judsdiction ro con�t�wte�unfform Kcuriry insuument coverin�rcsl pn�peny.
<br /> IJNIFORM COVBNANTS. Borrawcr and[.ender covenont w�d ngrce�.+follows:
<br /> - - - 1. Poyment ot Prtnctpal�nd Intercst=Prepoymeat w�d Lsk Char�e�. Barrowcr shalt pmmptly psy when due the
<br /> principal of and intercst on the debt evidenced by the Note and any prcpayment and late chwrge�due under the Note.
<br /> - , 2. �nds far'il�xes aad Inurance. Subjoct to applicablc IAw or to a written walvcr by Lender.Bamwer�hall pay to
<br /> � L.ender on the day monthly payrtknts are duc under thc Note.,until the Nntc is paid in full,�sum("Fund�"} f�r.(e)ycurly
<br /> --°�"��`�� taxes and qssessments which may attain priority aver thia Saudty Imwmant as a Ilen on thc Property;(b)yculy lcaiehold --
<br /> payments or ground rents on the Pcoperty. If any: (c) yeady hazard or property inxurancc premiums; (d)ycarly flaxi
<br /> v"�'� insurance prcmiums, lf any;(e)yearly mort�age fnsurance premiums. if any; and(�any sums payable by Borrower to
<br /> Lender.In uccordance with ihe provlsions of paragraph B.in lieu of thepayment of maRgage insurance prcmiums. 71�ese
<br /> Items an called '�scrow Items." Lender mny,at any time.collect and hold Fimds in an wnount not ta exceed the mwcimum
<br /> - -�""-�'�, amou�t a lender for a fedcrally related mortgagc loan may mquire for Bortoweri escrow account undcr thc federai Reul
<br /> -, ii _ Eswte Settlemcnt Procedures Act of 1974 as amended from time to time,12 U.S.C.�1601 et sey.("RESPA").urticss onothcr
<br /> Q�..,..� .� law that applies to the Aunds sets a tesser amount. If sa.Lender may.at any Nme.callect and hold Funds in:ut iunount not to _
<br /> ���4"`����'���-'`��t� excecd the lesser amount. I.cnder may estimate the amount of Funds due an thc basis uf current data smd reasorwblc
<br /> r'•='"��•�'��?�"�� estimutes of expenditures of future Escrow Items orotherwise iA accordance with applicable law.
<br /> "'t � �'' � " The Funds shull be hcld in an institution wlase deposits arc insured by a federal agency. inswmentulity,ar entity
<br /> � (including l.ender.if l.ender is such an institution)or in any Federnl Hamc Loan Bank. Lendcr shall Apply thc Funds to pay _
<br /> :•.f�"' : ;="_ the Escrow Items. I.ender muy not charge Botrower for holding und appiying the Funds, annunlly unalyzing the escrow
<br /> ' account,or vcrifying thc Escrow Items, unless Lender pays Borrower interest on thc Funds and upplicublc luw pertnits �
<br /> °+�w' ' .� � Lender to make such a charge. However,I.ender may mquire Borrower to pay n one-time chsirge foc an Independent ceal
<br /> •• . esmte tax reporting service uxed by Lender in connectian with thic loan.unless applicable law provides otherwise. Unless an —
<br /> ' • agrecment is madc ar applicablc law rcquires interest to bc paid.I.ender shall not bc rcquired to pay Borrower;uiy interest or —
<br /> - • earnings on the FLnds. Borrower and Lender mAy ugrec in writing,however.that intcrest shall be puid an thc Funds. I.endcr
<br /> - . shall giva to Borrower,without charge,:u►annual accounting of the Funds,showing credits and debits ro the Funds and the —_
<br /> purp�se fo�which each debit to the Funds was mude. The Funds are pledged as additional security for atl sums secured by __
<br /> _ ._- -=_—-__—_-= this S^.curity Insisumcat. —
<br /> If the Funds heid by 1.ender exceed the wnounts permitted to be held by uppticable law, Lender shali account to
<br /> Bortower for the excess Funds in accordance with the rcquiremente of applicable law. If the amount of the Funds he(d by
<br /> Lender at any time is not sufficient to pay the Escrow Items when due.Lender may so notify Borrower in writing,and,in
<br /> . , such cau Bocrower shall pay to Lender ihe amount necersary to make up the deftciency. Bomnwer shall make up the
<br /> � deficiency in no more than twelve monthly payments,at Lender+sole discrctian. —=
<br /> Upon payment in full of�Il sums secured by thiti Security Instrument,Lender shall promptly refund to Bonower any
<br /> Funds held by Lcnder. If, undcr paragrnph 21.Lendcr shall acquire or sell the Praperty.Lender.priar to the xyuisition or �-.-
<br /> ;t sale of the Property, �hall apply any Funds held by Lender at the time of acquisition or sale a�a credit against the sums _
<br /> `�� secured by this Securiry Instrument. __-
<br /> s.� � 3. Applicatton of Payments. Unless applicablc law providcs othcrwisc,all payments received by Lender under �
<br /> '�; . paragraphs I and 2 shall tx applied: first,to uny prepayment ch:ugeti duc under the Note;second,to:unounts p•ryable under _-
<br /> ° parngraph 2;third,to interest due;fourth,to principal due:and last,to any late charges due under the Note.
<br /> �} + � 4. Charges; Liens. Borrowcr shall pay all taxeti, asse�smcuts,churgct, fines �nd imposidom attributable to the �_�;`
<br /> Property which may utwin priority over thi�Security Instrument,and Icatiehold payments or ground rents,if any. Barrower E"__
<br /> shall pay these obligation, in the munner pmvidcd in paragraph 2,or if not paid in that manner,Bonowcr shall pay them on �' _
<br /> ' time dircctly to the person owed payment. Borrower shall pmmpdy furnish to Lcnder all no►ices of amounts to be paid under
<br /> � • this paragraph. If eorrower m�kes these puyment�directly,Borrower shall prumptly fumish to Lender receipts evidencing
<br /> ' the paymcnts. �'�u�
<br /> Barcower shall promptly discharge uny licn which has prioriry ovcr thiy Scrurity(nstrument unlesx Borrower.(a)agrees �`---
<br /> � in writing to the payment of the abligatic�n secured hy the lien in a munner acceptahle to Lender,(b)contestti in good faith the -
<br /> . � lien by,or defcnds against enforcement of thc lien in. Iegal prcxeedings which in thc Lendcr y opinion operatc to prevcnt thc �n .
<br /> • enforcemcnt of thc licn;or(c)tccures from thc hnlder of thc lien an agrccmcnt�ati,factory ro Lender subordinateng the lien
<br /> ; . � � to this Security Instrument. !f Lender detcrmincti that any part of thc Prnprrty i��uhjcct to u lien which may attain priority
<br /> ' ovcr this Security instrument,Lendcr may givc BoROwcr a notice identif'ying the lien. Horrower shuD satisfy the lien or take ::�
<br /> � ' �� � one or morc of thc actions set forth uho�•r within 10 duys of thc giving of noticc. --
<br /> - ' � 5. Hsuard or Property Insurence. Borc��wer shall keep thr improvcmrnt+now•existing or hereafter erccted on d�e ^
<br /> � Property insumd again+t I�ss by fire,h:uard� included within tbr term"extenckd coverage"anJ uny other h;uaniti,including
<br /> ' , floods or flooding, for which Lcndcr rcyuircs insurarrcc. This insurancc �hall hc maintaincd in thr amounu and for thc
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